From the equity price 216,900, the new Zhiji LS6 is officially listed

  [Autohome new car launch] On September 26, the medium and large SUV under the Zhiji brand –The new smart LS6 officially ushered in the listing, the new car launched a total of 5 configuration models, the equity price range is 21.69-27 9,900 yuan,Price range 23.99-30 2,900 yuanAlthough it is a small facelift, its overall changes are very eye-catching. It is mainly replaced with the digital chassis of the Spirit Lizard, and has been upgraded in terms of appearance and smart driving. The listing rights and interests end at 24:00 on October 8, 2024. For the detailed price and rights of the new car, please see the picture below:

Autohome

The price of the new Zhiji LS6 Model Equity price (10,000 yuan) Selling price (10,000 yuan) Spirit Lizard Smart Driving Edition 21.69 23.99 Long endurance spirit lizard smart driving version 23.99 26.29 Long battery life spirit lizard smart version 25.49 27.79 Super long battery life spirit lizard smart driving version 25.49 27.79 Super Performance Spirit Lizard Smart Edition 27.99 30.29
New Zhiji LS6 configuration layer Spirit Lizard Smart Driving Edition Long endurance spirit lizard smart driving version Long battery life spirit lizard smart version Super long battery life spirit lizard smart driving version Super Performance Spirit Lizard Smart Edition

Spirit Lizard Digital Chassis

Intelligent four-wheel steering system

NVIDIA DRIVE Orin 254TOPS chip

Ultra long range high precision lidar

Smart cockpit based on the fourth-generation Snapdragon SA8295P platform

Spirit Lizard Digital Chassis

Intelligent four-wheel steering system

NVIDIA DRIVE Orin 254TOPS chip

Ultra long range high precision lidar

Smart cockpit based on the fourth-generation Snapdragon SA8295P platform

Spirit Lizard Digital Chassis

Intelligent four-wheel steering system

NVIDIA DRIVE Orin 254TOPS chip

Ultra long range high precision lidar

Smart cockpit based on the fourth-generation Snapdragon SA8295P platform

Millisecond-level electric control for all road conditions

State damping adjustment system

Full Scene Smart Air Suspension

Co-pilot 15.5 inch smart alone

Live entertainment screen

Spirit Lizard Digital Chassis

Intelligent four-wheel steering system

NVIDIA DRIVE Orin 254TOPS chip

Ultra long range high precision lidar

Smart cockpit based on the fourth-generation Snapdragon SA8295P platform

Spirit Lizard Digital Chassis

Intelligent four-wheel steering system

NVIDIA DRIVE Orin 254TOPS chip

Ultra long range high precision lidar

Smart cockpit based on the fourth-generation Snapdragon SA8295P platform

Millisecond-level electric control dynamic damping adjustment system for all road conditions

Full Scene Smart Air Suspension

Co-pilot 15.5-inch smart independent entertainment screen

294 horsepower rear drive

Battery life 625km

337 horsepower rear drive

Battery life 701km

337 horsepower rear drive

Battery life 701km

408 horsepower rear drive

Battery life 802km

787 horsepower four-wheel drive

Battery life 750km

Autohome

Autohome

◆ New car features
The front face shape has been adjusted, and the wheelbase has been increased by 10mm.

Zhiji Car, Zhiji LS6 2025, Lingliu Smart Driving Edition

Zhiji Car, Zhiji LS6 2025, Lingliu Smart Driving Edition

Autohome

  As a modified model, the car has been adjusted for details. The headlight style and fog lights on both sides are more minimalist. The front surround has also been redesigned. The area of the front intake grille under the front face has been reduced, further reducing the visual center. The rest is basically the same as the current model. Specifically, the car adopts a closed front grille, and a long air inlet is below, which is matched with the raised ribs of the front hatch to create a good sense of movement. The new car is equipped with a Falcon smart lighting system, which has functions such as intersection fill light, ghost probe cross warning, parking scene auxiliary lighting, steering follow-up fill light, and intelligent brightness switching.

Zhiji Car, Zhiji LS6 2025, Lingliu Smart Driving Edition

   Coming to the side, the most intuitive feeling is that this shape is closer to the feeling of a coupe SUV, and the tail is appropriately elongated, making it look very fashionable and lively. The rim style adopts a double five-spoke shape, and is painted matt black. With orange-red brake calipers, the effect is very dynamic and matches the body style very well.

Zhiji Car, Zhiji LS6 2025, Lingliu Smart Driving Edition

  The rear of the (|) is still very interesting. The obviously upturned "rear wing" part is a feature that many sports models will use. At the same time, the car is also equipped with a through taillight group, and the lines after lighting are also very delicate. In terms of size, the length, width and height of the new car are 4910/1988/1669mm respectively, and the wheelbase is 2960mm. Compared with the current model, the length has increased by 6mm and the wheelbase has increased by 10mm.

Replace the "Spirit Lizard" digital chassis and upgrade the Qualcomm Snapdragon 8295 car chip

Zhiji Car, Zhiji LS6 2025, Lingliu Smart Driving Edition

  Inside the car, the new car’s center console continues to be built with a family-style design language, and the entire center control is almost occupied by the screen, creating a technological atmosphere. Specifically, the new car is equipped with a 26.3-inch Dalian screen + 10.5-inch touch screen, and retains a half-spoke steering wheel with a sense of technology.

Zhiji Car, Zhiji LS6 2025, Lingliu Smart Driving Edition

Zhiji Car, Zhiji LS6 2025, Lingliu Smart Driving Edition

Zhiji Car, Zhiji LS6 2025, Lingliu Smart Driving Edition

  It is worth mentioning that the new Zhiji LS6 is equipped with a Qualcomm Snapdragon 8295 car chip (24G + 256G memory), and adds CarLink and HiCar mobile phone connectivity. The new car will offer 21 speakers, including an additional external speaker that can play theme music and pedestrian warnings.

Zhiji Car, Zhiji LS6 2025, Lingliu Smart Driving Edition

Zhiji Car, Zhiji LS6 2025, Lingliu Smart Driving Edition

  In terms of seats, the passenger seat has been upgraded to 121 ° adjustment, and the rear seat back angle has also been upgraded to 19 ° -37 ° ten-gear adjustment. In addition, the new car is also equipped with heating and cooling boxes, 50W air-cooled wireless fast charging, four-door double-side glass and RNC active noise reduction, etc., which will improve the overall comfort experience.

Autohome

  The new LS6 is equipped with a 121 ° zero-gravity seat for the co-pilot and has a "chaise longue mode", which can enter the zero-gravity attitude with one click. The new car can recline the rear seats, open the trunk, and turn on the "queen room mode". The new car is equipped with IM MAG magnetic expansion dock 2.0, and the whole car has nearly 30 expandable storage spaces. The new car is equipped with IM Link, which can individually control the vehicle air conditioning, seats, navigation, multimedia, and WANOS 7.1.4 audio.

Autohome

  The new Zhiji LS6 is equipped with IM AD 3.0, which has an end-to-end large model. IM AD city NOA has a national urban coverage rate of 100%, and it can be opened with navigation. The new LS6 is equipped with NVIDIA OrinX chip + lidar, and all systems have NOA capability in map-free cities. Delivery will be available nationwide. IM AD parking has been upgraded, and automatic parking assistance supports more than 300 + parking scenarios: short-distance parking, multi-angle parking, narrow channel parking, etc. In addition, the new car is equipped with one-click AI driving, which can realize one-click welt, get out of trouble, and track.

Autohome

Autohome

  Compared with the current model, the biggest upgrade of the new car is the "Spirit Lizard" digital chassis, which supports OTA, which consists of air suspension, electronically controlled shock absorption system and high-performance braking system. With the blessing of four-wheel steering, the new Zhiji LS6 can achieve "crab row mode" and greatly reduce the turning radius. The new car has a gimbal body, comfortable braking, and ramp braking "does not nod". Active anti-rollover function, reducing the risk of rollover by 33%. Body stability control, reducing deviation by about 80%, and also has single-wheel escape ability.

Autohome

Autohome

Autohome

  In the power part, the new car provides 216kW, 248kW, 250kW and 300kW rear-drive versions and 579kW four-wheel drive versions respectively, with a 0-100km/h acceleration of 3.48 seconds at the fastest. The battery capacity is 75kWh, 83kWh and 100kWh respectively, and the CLTC cruising range is 625, 701, 750 (four-wheel drive) and 802km respectively. The new car still supports quasi-900V fast charging, which can make up 579km in 15 minutes. At the same time, its four-wheel drive version accelerates 0-100km/h in only 3.48 seconds.

◆ Competitive models

Extreme Krypton, Extreme Krypton 7X 2025 75kWh Rear Drive Smart Driving Edition

NIO L60 2024 60kWh 4WD Edition

Tesla China Model Y 2024 Performance Edition

Size comparison Model Length (mm) Width (mm) Height (mm) Wheelbase (mm) The new Wisdom LS6 4910 1988 1669 2960 Tesla Model Y 4750 1921 1624 2890 Extreme Krypton 7X 4825 1930 1666 (1656) 2925 LODO L60 4828 1930 1616 2950 Avita 07 4825 1980 1610 2940

  Although the Zhiji LS6 is positioned as a medium and large SUV, it has locked its competitors in the Tesla Model Y, Avita 07, JK 7X, and Ledao L60 in the mid-sized SUV market through a "high and low" pricing strategy. Among them, Avita 07 provides pure electric and range extension power for users to choose from, while Ledao L60 is a new brand and new model, but relying on the NIO power exchange network, it also has strong attractiveness, which is a big pressure for Zhiji LS6 to face. Of course, compared with these competitors, Zhiji LS6 has a bright model size and a high-tech interior configuration, which can also bring a lot of temptation to consumers.

◆ Editorial comments

Zhiji Car, Zhiji LS6 2025, Lingliu Smart Driving Edition

  Looking at the pure electric SUV market, we can obviously see that various brands are making continuous efforts in product innovation and pricing strategies, and have completely "rolled" the market. However, as we said above, the new Smart LS6 can impress consumers who pursue cost performance to a certain extent through the strategy of "high and low". Moreover, it makes this car more durable and better able to meet the aesthetic needs of different age groups.

  It is worth mentioning that not long ago, Zhiji announced that IMAD No Map City NOA will be officially launched nationwide in October, and will push all models, including 2024 Zhiji L7, Zhiji LS7 lidar version models, Zhiji LS6, Zhiji L6 models, and the new Zhiji LS6. In addition, the U-turn and ETC toll booth functions are expected to be launched within this year. With today’s price announcement, do you think it can become a dark horse in the car market this year? (Text/Autohome Zhouyi)

Xiaomi Xiao Ai has launched the "Xiao Ai Input Assistant" function, which only supports Mi 14 series models for the time being

Webmaster’s Home (ChinaZ.com) October 27, news:Xiaomi Xiaoai has launched the "Xiaoai Input Assistant" function, which provides users with a more convenient and practical input experience.

It should be noted that at present, Xiaoai input assistant only supports Baidu/iFLYTEK input method, and needs to be used after the Xiaomi community has obtained the qualification of "Xiaomi HyperOS AI closed beta". During the closed beta, only Xiaomi14 series models are supported.

WeChat screenshot _20231027082819

The advantage of Xiaoai input assistant is that it can take advantage of the global advantages of the input method to quickly connect with the application scenarios of all three parties, and realize the unique experience in each APP scenario. When users use the input scene of the mobile phone frequency, they can easily create various large model capabilities such as Wensheng text and Text-to-Image through Xiaoai input assistant. In addition, Xiaoai input assistant also has a smart text suggestion function, which can intelligently recommend relevant functions according to the user’s current APP, contact context and text box input content to assist users in text input.

For users who need to create, Xiaoai Input Assistant also provides copywriting generation functions to help users complete copywriting from "0" to "1". At the same time, it can also become a chat master, assisting users to reply to various messages, express emotions, and become a high emotional intelligence person. In terms of work, Xiaoai Input Assistant can help users complete copywriting, weekly newspaper writing planning proposals, etc., to improve work efficiency.

In addition, Xiao Ai input assistant also provides a comment clock in function, users in the product evaluation, restaurant evaluation, movie evaluation and other APP interface click Xiao Ai input assistant entrance, you can let Xiao Ai immediately generate a evaluation, quickly complete the food, attractions, movie clock in.

(Report)

Takeaway brother: Orders have doubled under high temperature, and income has exceeded 10,000 yuan

  According to the Labor Daily, "At noon when the sun is shining, nine times out of ten the electric cars that are still speeding on the road are delivering food." Some consumers joked. In the hot summer, the delivery guy has also become the busiest employee, and the order volume has doubled. Although it has brought about an increase in income, the work intensity has also increased significantly.

  8 orders will be sent in one hour during peak hours.

  "Ding Dong", a beep sounded, and Wang Jian, the takeaway brother of Ele.me, had 8 takeaway orders in his mobile phone. At noon, it was the busiest time of his day. While staring at the mobile phone in his hand, holding the incubator in one hand, he strode forward. After a while, he came to a roast wax shop. A round table in front of the shop was full of takeaways that had already been numbered. He compared the numbers, picked up the packaging bag and rushed to the next store non-stop. In just 5 minutes, he picked up 5 takeaways from nearby stores. The incubator could no longer hold all the food. He picked up the box and carried a few plastic bags of takeout in each hand, as if he had just returned from the market.

  "All eight takeaways must be delivered within an hour, so we must hurry up," he said as he walked out of the Sun Moonlight Center and came to his electric car. He loaded a few takeaways into the incubator at the back of the car, and carried a cup of milk tea and a box of bento into a commercial building nearby.

  Takeout has been stolen, delivery has been rushed

  Sweat soaked the work clothes, making the blue clothes appear two colors. The cycling helmet was covered on the head, like a big steamer, and from time to time, beads of sweat could slide down from the forehead. Wang Jian said that time was tight, so he didn’t bother to unbutton and take off his hat, because he would be riding again in a while.

  "Hello, your takeout has arrived, and I’m at the door of the office." Wang Jian called the user’s phone and greeted politely. After the meal was delivered, he didn’t forget to remind him, hoping to get a good review.

  "I’m lucky today. In the past, we were not allowed to take the passenger elevator in this commercial building." Wang Jian, who had finished delivering food, muttered. A few days ago, he was rushed to the back entrance of the freight elevator by the building’s security guards on the grounds of affecting his image while delivering food in the building. "There is only one freight elevator in this building, and it often takes a few minutes to wait. Once, he had to run up to the 10th floor by himself in a hurry." He said that on another occasion, when delivering food in an upscale commercial building, he was asked to change his work clothes before going upstairs. "So there is a piece of clothing on the car. If the customer does not want to go downstairs to pick it up, he can only change his clothes."

  The food delivery process is not easy, and sometimes there are bad things. Wang Jian said that just two days ago, he put a few takeaways in the incubator in the car and went upstairs to deliver the food by himself. When he went downstairs, he saw that the box was empty. "It only took two minutes before and after, and it was stolen. I had to go back to the store and buy it again with my own money according to the list, and then go to deliver it." He said that he remembered that after the staff of a restaurant heard about the incident, they took the initiative to waive the meal fee for him, which made him quite touched. "I felt very warm at that time."

  The order doubled and the income exceeded 10,000 yuan

  After entering July, Wang Jian’s order volume has continued to increase. According to him, the order volume has doubled in the past two days. "Orders come in one after another from 10 o’clock in the morning until 2 o’clock in the afternoon. In the evening, it starts at 5 o’clock and lasts until 10 o’clock." He said that now he delivers more than 50 takeout orders every day, and at the end of the day, there is only one word "tired" left.

  There are many orders in summer, and the income of the takeaway brother has also been improved to a certain extent. Wang Jian said that his usual income is about 7,000 yuan per month, and entering July, the monthly income can exceed 10,000 yuan. "On the one hand, the summer vacation is coming, and the order will definitely increase, and the weather is hot, so everyone is reluctant to go out. Business building orders surge on weekdays, and on weekends, they are mainly residential buildings. Some people without elevators can only climb the stairs layer by layer, and now it takes less than a minute to go up and down the sixth floor." He told reporters that for every order he sent, he could get about 7 yuan, and if he received praise, he could increase it by 2 yuan. In this sweaty summer, he actively took orders and accumulated his income little by little.

  High temperature benefits are 500 yuan per month

  After two years as a takeaway boy, Wang Jian said that his entry into the industry was also a chance. Born in 1996, he came to the big city to pursue his dream and worked in a factory at first. By chance, a neighbor in the rental house told him that his father was delivering takeout and could earn more than 6,000 yuan a month. He didn’t believe it at first, so he became a takeaway boy with the idea of giving it a try. "At that time, I just thought that the elderly could earn 6,000 yuan, and I could definitely do better. I didn’t expect that it was really like a duck to water." He smiled shyly.

  Today, his business ability has been continuously strengthened, and he has become a three-star delivery staff. What makes him feel even more warm is that in the hot summer, the company provides employees with a monthly high temperature fee of 500 yuan, in addition to salt soda water every day, and there are also supplies for cooling down at each site. "Although the summer work is very hard, and the order volume has also increased sharply, the real summer guarantee makes every delivery brother’s work very practical." He said that this makes his delivery more motivated.

Extreme krypton direct marketing reform

Image source @ vision china

Titanium media note:This article comes from WeChat WeChat official account Yiou Automobile (ID: EO-AUTO), written by Guo Huaiyi, and published by Titanium Media with authorization.

The Krypton car (hereinafter referred to as Krypton), which has always claimed to insist on direct operation, is quietly reforming the channel network.

Yiou Automobile has learned exclusively that Krypton plans to expand its sales network by recruiting dealers on a large scale without changing its direct sales model. As the core of the previous sales network, Krypton will greatly reduce the number of new direct investment in the construction of official direct stores.

In the field of after-sales service, Krypton has also made a similar new plan. Dealers need to build an after-sales service center according to the standard of Krypton’s direct operation. The previous plan of building a direct after-sales network directly funded by Krypton has also been abandoned.

In July this year, Krypton also said that it would adhere to the direct sales model, and built more than 300 direct sales stores in 75 cities across the country at an average rate of one every two days.

However, due to the huge financial pressure, although Krypton did not give up the direct mode, it gave up direct investment in building and operating stores and chose to recruit dealers instead, so that dealers could pay high store construction and operation and maintenance costs.

In addition, a source who knows about Krypton told Yiou Automobile that Jason Lin, vice president of Krypton, is no longer in charge of channel planning, but is in charge of sales business, and Zhao Yuhui, vice president in charge of sales business, took over the channel planning.

Since its establishment, Krypton has mainly relied on the endorsement and blood transfusion of Geely Automobile to promote its own construction. As the saying goes, leaning against a big tree is a good way to enjoy the cool, so Krypton can move forward quickly, but Geely, who bears the weight, has a strong sense of being out of reach.  

In December 2022, Geely officially announced that Krypton had submitted a draft registration statement for possible initial public offering to the SEC. But to this day, the IPO of Krypton has been slow to see progress. According to a source who knows about Krypton, Krypton originally planned to land in the US stock market in mid-2023, but the plan has been postponed because of the low valuation given by the market.  

Regarding the adjustment of direct operation mode, related personnel changes and listing issues, Yiou Automobile has made a verification to the extreme, but as of press time, it has not received a reply.  

Some investment bankers who did not want to be named told Yiou Automobile that since 2022, the capital market has not been optimistic about the development prospects of China’s new forces, and the share prices of Weilai, Tucki and LI have all plummeted. The plunge after the listing of zero-run cars has dealt a heavy blow to investor confidence. In this context, it is also helpless for Krypton to choose to suspend listing.

"In the future, we must vigorously promote the extreme family."  

Since its establishment in 2021, the Krypton Direct Marketing System has included four types of stores: Krypton Center, Krypton Space, Delivery Center and Krypton Home.  

Among them, Krypton Center, Krypton Space and Delivery Center are all directly funded and operated by Krypton. The large-scale krypton centers are located in the golden business district, which makes them have strong brand display attributes in addition to sales. Krypton space is small in scale, but it has the largest number and can reach consumers the most. As the name implies, the delivery center is mainly responsible for delivering new cars.  

Extreme Krypton Home is completely different from the above three official direct stores. It is not a direct store in the true sense of extreme Krypton, but it is called — — Managed direct sales.  

"The extreme family is the dealer, and the cost of opening a store and operating and maintenance is their own. There may be some subsidies and support."  

Extremely insiders told Yiou Automobile that before that, extremely investors were basically from Lexus brand dealers. Although they are distributors, they are not separated from the direct marketing system. The most remarkable point is that the product price must be consistent with the center and space of Krypton. In addition, the decoration style and standard of the Kryptonian home must also keep the same style as the Kryptonian center and space.  

According to Yiou Automobile, Krypton has launched a dealer recruitment plan, which is divided into two batches. The first batch of recruitment plans involved 18 provinces, municipalities and autonomous regions, with a total of 29 cities. Among them, Krypton plans to recruit in five cities in Zhejiang Province, with the largest number of recruits in the first batch of plans. Followed by Jiangsu and Guangdong, each with four cities.  

The second batch of recruitment plans involves 16 provinces, municipalities and autonomous regions, with a total of 32 cities. Among them, Jiangsu and Shandong each have five cities to recruit, tied for first place. As four cities, Zhejiang still ranks among the top three in the recruitment plan.

The recruitment requirements given by Krypton clearly require that the applicant must be an independent legal entity approved by the industrial and commercial department with a registered capital of not less than 10 million yuan; In the local mainstream automobile business circle, it has a site with a use area of not less than 3,000 square meters and a service life of not less than 5 years; Can quickly build an excellent after-sales service team.

According to the data of official website on August 18th, at present, there are more than 312 directly operated stores in Krypton. Assuming that only one new Krypton store is built in each city in the above two recruitment plans, it will also bring 61 new stores to Krypton, with an increase of about 20%.

Outside the sales network, there will be similar adjustments in the direct after-sales stores.

In 2022, due to the poor after-sales service of third parties, Krypton was complained by many car owners. To this end, Krypton has decided to establish a direct after-sales service network. In April this year, Jason Lin, vice president of Extreme Krypton, once said: "We are also accelerating the construction of after-sales direct stores."

However, Yiou Automobile learned that after the after-sales centers in Hangzhou and Guangzhou were directly funded, the follow-up plans were basically abandoned.

In addition to the huge financial pressure, the qualification of the after-sales center is also a big obstacle. "Because dealers are all operating locally, their qualifications are not a problem for them, which is why there is a special recruitment requirement for the company to have after-sales service experience."

Different from the extreme center, where the space focuses on sales, the delivery center focuses on delivery, which integrates sales, delivery and after-sales. The construction standard must conform to the extreme direct marketing system. "This not only adheres to the direct marketing model, but also expands the sales and maintenance network, without financial pressure. Why not?"

Just as Krypton adjusted its direct marketing mode, there were personnel changes inside Krypton. It is reported that Jason Lin, the vice president of Krypton, who was in charge of channel business before, has been in charge of sales business. Zhao Yuhui, the former vice president in charge of the sales business, was transferred to the channel construction business due to the problem of integrity.

As the heaviest bargaining chip of Geely Automobile in the new energy market, Krypton can be described as a collection of thousands of kinds of love.

Geely invested 18 billion yuan in the vast structure of SEA. Originally, it was planned to be put on the models of the Lectra brand first, but it was finally used on the first model of Krypton 001.

In order to create a high-end image of the Krypton brand, Geely has put aside almost all the existing dealer networks and invested heavily to let Krypton build a direct network.

After the listing of Krypton 001, the car system software such as Caton was complained by the owners. In July, 2022, Krypton announced that it would replace Qualcomm 8155 chip for all owners of Krypton 001 for free.  

This move directly costs Krypton three small goals.

Free replacement of 8155 chips has also won praise from the market, and consumers have begun to vote in RMB, and sales of krypton have risen rapidly. In October, November and December of 2022, the monthly sales volume of Krypton continuously exceeded 10,000 vehicles. In 2022, the annual sales volume of Krypton also reached 71,941 vehicles.

Although the sales volume is higher, like many new energy brands, Krypton has not walked out of the quagmire of losses. Geely Automobile’s 2022 financial report shows that its revenue in 2022 was 31.78 billion yuan, a tenfold year-on-year increase. However, the loss increased from 1.01 billion yuan in 2021 to 2.03 billion yuan in 2022.

As a "fellow brother" in Geely, although the attention of Lectra is not as good as before, it can achieve meager profits in 2022, but it has not held Geely back. In contrast, krypton, which cannot achieve self-hematopoiesis, has already hit Geely financially.

In 2022, Geely’s operating income and net profit were 148 billion yuan and 4.65 billion yuan respectively, with year-on-year growth of 45.6% and 6.8% respectively. It is really commendable to realize the double growth of revenue and profit in the market environment in 2022. But it is worth noting that Geely said in the financial report:

1. The Group’s internal profitability is under pressure due to the sharp increase in the cost of spare parts such as batteries and chips, and the large amount of investment in the initial stage of the development of extremely new business;

2. During this year (2022), the Group increased its loans to support the rapid growth of Krypton brand business;

3. Standard & Poor’s downgraded the Group’s corporate credit rating from "BBB-/ stable" to "BBB-/ negative", and Moody’s Investors Service downgraded the Group’s credit rating from "Baa3/ stable" to "Baa3/ negative" due to the pressure on profitability in the initial stage of new energy transformation.

It is not difficult to find that Geely’s transfusion of krypton has caused pressure on its profitability, increased loans (liabilities) and even downgraded its rating.

Perhaps because of this, Geely hopes that Krypton can quickly land in the capital market. In December 2022, Geely announced that Krypton had submitted a "draft registration statement for possible initial public offering" to the Securities and Exchange Commission (SEC).

But today, August 2023 has passed, but it is not seen below.

The above-mentioned extremely kryptonian people said that it was not that Geely and extremely kryptonian did not want to go public, but that the valuation was not ideal, which may also be the reason why Geely’s management said "listing on the right opportunity" at the performance meeting in March 2023.

"In the second half of 2022, the capital market was really unfriendly to China’s new car-making forces." An investment banker who did not want to be named told Yiou Automobile that the share prices of Weilai, Xpeng Motors and LI all fell sharply in the second half of 2022. After the zero-run car was listed in the environment at that time, the share price was once terrible. "So it is difficult to go public later, and no one buys it."

According to public data, it was not until March 2023 that the share price of zero-running cars continued to stabilize above the issue price. Among Wei Xiaoli, LI’s share price performed slightly better, while Wei Lai’s and Xpeng Motors’s share prices have not yet returned to the June 2022 price.

Although the listing has been delayed for a long time, it is fortunate that the market performance is firm. The listing of Krypton 009 and Krypton X has further boosted sales. According to official data, in July this year, the delivery volume of extremely krypton vehicles reached a record high, reaching 12,039 vehicles, up 139.7% year-on-year. In the first seven months of this year, the cumulative sales volume reached 54,672 vehicles, a year-on-year increase of 127%.

However, the price war in the auto market rekindled in July, and it was extremely difficult to face the sales pressure again. At the beginning of August, Krypton announced the introduction of a price equity policy for Krypton 001, with a limited price reduction of 30,000-37,000 yuan. Price reduction and promotion is undoubtedly another stress test for Krypton and Geely Finance.

The child with papi sauce was scolded by the hot search after his father’s surname. Who do you want the child to be named after?

  Beijing, May 13 (Yuan Xiuyue), the client of Zhongxin. com, in the past two days, the word "the right of crown surname" has entered the public eye again. Papi sauce was scolded by netizens because it was revealed in the latest video that her child took his father’s surname.

  Some netizens think that papi sauce doesn’t even pay attention to the right of "crown name", and her independent female persona is fake.

  Weibo screenshot

  Last month, a female blogger wrote that she chose to divorce her husband because she failed to fight for her children’s "right to the crown", which triggered a large-scale discussion on the Internet.

  Weibo screenshot

  What is "the right of crown and surname"? Why can it lead to heated discussions again and again? Today we start with the history of surnames.

  What does the surname stand for?

  In fact, at the earliest time, "surname" and "surname" were two different things. "Surname" is the product of matriarchal clan society. In order to stop incest, disorderly marriage and other phenomena, the clan implements the system of marriage outside the clan, and the children live with their mothers. Surname is a symbol shared by descendants of the same female ancestor.

  Because women were the first to be the standard, the oldest surnames in China all have female characters beside them. Such as: Ji, Jiang, Yi, Yao, Yi, Yi, Pregnancy, Yi, Yi, Gu, etc.

  And "surname" is a branch derived from "surname". The earliest surname is the honor of women, and men have neither surname nor surname. Later, men had surnames, but the surnames were expensive and the surnames were cheap.

  In the patriarchal clan period, the status of surnames was reversed. The son of heaven has a surname but no surname, princes and doctors have a surname, and civilians and slaves only have a surname, but no surname has no surname. It was not until the Zhou Dynasty that surnames and surnames began to be confused. In the Qin and Han dynasties, surnames were combined into one, and civilians gradually got surnames.

  Some scholars say that surnames came into being in the later period of primitive society and took shape in slave society, but it really became a social ideology in feudal society.

  The origin of women’s husband’s surname

  Surnames were distinguished from noble ones when they came into being. In feudal society, after surnames were fixed as a system, they also formed a complete set of etiquette norms at the level of noble, low and high. For example, in the Western Han Dynasty, the gate system flourished, and surnames evolved into one of the tools to safeguard property and power.

  The ancient concept that men are superior to women is also reflected in surnames. After entering the patriarchal society, women gradually lost their surnames. Before marriage, a woman shares her father’s surname, and after marriage, she belongs to her husband’s surname, which can be called her husband’s surname or her father’s surname. In public, most women don’t use their first names, especially after marriage, most outsiders call them "a certain lady" with their husband’s surname, or "a certain surname" with their father’s surname, or "a certain surname" with their husband’s surname.

  This surname system lasted for thousands of years, and it was not loosened until modern times. During the period of the Republic of China, the change of married women’s surnames in the Civil Law of the Republic of China has aroused heated discussions from all walks of life.

  Data map. The picture and text are irrelevant. Photo by Wang Guoan

  Some people hope to maintain the old custom system, and think that the real equality between men and women does not lie in the mere surname. It has been suggested that married women take their husbands’ surnames and adopted men take their wives’ surnames, but they have to use their own names when they are abroad.

  Some people also support women to keep their surnames after marriage, or to treat them differently, such as independent women keeping surnames. Others put forward radical opinions that surnames are unnecessary, and there is no dispute between men and women.

  Based on the social and historical conditions at that time, the "Civil Law of the Republic of China" still continued the custom, and its Article 1000th stipulated: "A wife takes her own surname as her husband’s surname; A widower takes his own surname as his wife’s surname, unless otherwise stipulated by the parties. " That is to say, under agreed circumstances, women don’t have to take their husbands’ surnames.

  Data Map: The First Quanzhou Surname Culture Lantern Exhibition. Photo by Liao Jing

  The Marriage Law stipulates that children can take their mother’s surname.

  With the idea of equality between men and women deeply rooted in people’s hearts, the "husband’s surname" has gradually disappeared in life. Article 11 of China’s Marriage Law in 1950 stipulated that "husband and wife have the right to use their own names."

  As for the child’s surname, the Marriage Law of 1980 stipulates that "children can take their father’s surname or their mother’s surname." China’s current Marriage Law is changed to "Children can take their father’s surname or their mother’s surname." The word difference reflects the respect for gender equality and women’s social status.

  According to a report released by the Ministry of Public Security, the number of people who use both their father’s surname and mother’s surname in their names has increased rapidly in the last 30 years. At the end of 1990, this figure was 118,000. By the end of 2018, this figure had increased to 1.1 million.

  However, in real life, children still occupy the mainstream with their father’s surname. In recent years, with the rise of women’s consciousness, there are more and more discussions about children’s "right to crown their surnames", and some even ruin their families because of "the difference of one surname". Since 2015, with the liberalization of the second child policy, the number of second children with their mother’s surname has also increased significantly.

  Data map: The picture and text are not related. Photo by Wu Junjie

  Is it necessary to fight for the right of "crown surname"?

  Today, "crown your surname in my name" seems to be no longer a romantic language, and the family inheritance and blood map carried by surnames are no longer as heavy as before. As some people have said, women’s pursuit of "the right to crown their surnames" seems to be a dispute of "two surnames", but in fact it is a dispute of "two sexes", which is the expression of women’s maintenance of their own rights and interests and their autonomy.

  However, there seems to be no necessary connection between the struggle for "crown name right" and independent women. Not all women who fight for "crown name right" are independent women, or those who don’t fight for it are not independent women. Whether she is an independent woman or not depends on whether she has an independent personality, an independent economy, and her unique pursuit of life and contribution to society, not by verbal talk.

  Those who abuse their children because others choose a different way of life, or because their children take their father’s surname, may not pursue "the right to be crowned" but "hegemony".

  Moreover, unlike fighting for one’s own name right, fighting for the "crown name right" of children also involves husbands, and children may also have to express their opinions when they grow up. To tell the truth, this is an agreement within the family, which is none of others’ business, right (End)

Daily skin care notice | Qingsong, the leader of beauty OEM, lost money for 3 years. Blue Moon only sounded the profit warning because of high marketing expenses?

Source: Sina Securities

  Produced by: Sina Finance Research Institute of Listed Companies

  Author: New Consumer Proposition /cici

  On January 31, the A-share 2023 annual report was announced, and the listed companies with excellent and poor performance in the daily chemical skin care industry were unveiled, and the industrial prosperity was unobstructed. Among the listed companies in the skin care and daily chemical industry that we are concerned about, a total of 6 companies have issued performance forecasts, and 4 listed companies have pre-increased, namely Jinbo Bio, Freda, Marubi and Shuiyang; There are two listed companies whose performance forecast "sounded the alarm" in 2023, namely Blue Moon Group and Qingsong Shares.

  Among them, Qingsong Co., Ltd., as the leading OEM of beauty and skin care, has weak profitability, and its main body of cosmetics business is Northbell acquired at a high premium, thus forming a huge goodwill. After the performance commitment period, Northbell’s "performance changed dramatically" and suffered successive losses in 2021-2022, which also led to huge goodwill accrual in 2021 and 2022. It is worth noting that in 2023, Northbell’s revenue declined and its net profit continued to lose money, which is also the fundamental reason for the sluggish performance of Qingsong.

  For Blue Moon Group, the market leader of household cleaning care, we think that the fundamental reason for its performance loss is still the serious product homogeneity and the channel expansion that is less than expected, and the marketing expenditure is greatly increased or secondary.

  Why is it difficult to make money in the upstream of the foundry leader Qingsong?

  Although the daily chemical skin care foundry is located in the upstream link of the cosmetics industry chain, it is often a section with weak profitability in the industry chain, which is closely related to the low bargaining power and high production cost of the foundry. Among all the listed companies of daily chemical skin care that released the performance forecast, only Qingsong Co., Ltd., the foundry leader, continued its performance loss.

  The original core business of Qingsong Co., Ltd. mainly includes beauty OEM and turpentine processing. At the end of 2022, the company completed the divestiture of turpentine deep processing business, and the company’s main business structure also changed to cosmetics business. The company’s main income and profits were concentrated in cosmetics business.

  In 2023, after the divestiture of turpentine deep processing business, the company’s performance did not bring many surprises to investors. It is expected that the annual revenue will decline and the net profit will continue to lose money. Specifically, the company expects to achieve a total revenue of 1.9-2 billion yuan in 2023, which is expected to decrease by 31.44%-34.87% year-on-year; The loss of net profit attributable to shareholders of listed companies is 50-63 million, and the loss of net profit not attributable to the mother is 48-61 million. The net profit attributable to the mother and the net profit not attributable to the mother are still struggling in the whirlpool of losses.

  The main body of cosmetics business of Qingsong Co., Ltd. is Northbell. Northbell is mainly engaged in cosmetics ODM business, and its main products include masks, skin care products, wet wipes, etc. Its cooperative domestic brands cover many well-known brands of skin care and daily chemical listed companies, such as Perfect Diary under Yixian E-commerce, Winona under Betaine, etc. The cooperative listed companies include shanghai jahwa, Freda, Huaxi Bio, Betaine, etc.

  Although it cooperates with a number of big brands, Northbell’s own profitability is not strong. In 2019, Qingsong acquired 90% equity of Northbell at a price of 2.43 billion yuan, forming a goodwill of 1.366 billion yuan. The corresponding performance commitment is: the audited net profit attributable to the owner of the parent company after deducting non-recurring gains and losses realized by Northbell in 2018 is not less than 200 million yuan; Northbell’s total net profit in 2018 and 2019 is not less than 440 million yuan; Northbell’s total net profit in 2018, 2019 and 2020 is not less than 728 million yuan.

  From 2018 to 2020, Northbell realized net profit of RMB 210 million, RMB 243 million and RMB 287 million respectively, and accumulated net profit of RMB 740 million, fulfilling its performance commitment. After the performance commitment period, Northbell’s performance immediately changed face. In 2021, the operating income was 2.509 billion yuan, down 6.05% year-on-year, and the operating profit was 66 million yuan, which turned from profit to loss year-on-year.

  It is worth noting that in 2023, the company devoted almost all its energy to the cosmetics business and failed to turn losses. According to the company’s performance forecast, in 2023, Northbell’s revenue will decline and its net profit will be lost. It is estimated that its operating income will be 1.9-2 billion yuan, down year-on-year; The estimated net profit loss is 45-38 million yuan.

  Blue Moon sounded a profit warning due to increased marketing expenses? In the first half of the year, sales by category and offline channels dropped sharply.

  On January 17th, Blue Moon Group, which was listed on the Hong Kong stock market, issued a profit warning with pre-reduced performance. It is expected that by the end of fiscal year 2023, the comprehensive profit attributable to shareholders of the company will be reduced by not less than HK$ 230 million compared with HK$ 611.4 million attributable to shareholders of the company for the year ended December 31, 2022.

  According to the company’s announcement, the decrease in expected profit is mainly due to the increase in sales and promotion expenses, including increasing publicity through different sales channels, multimedia, omni-channel and consumer education to enhance the coverage of various sales and distribution channels and new products. It is noteworthy that in the first half of 2023, the company’s sales and distribution expenditure was HK$ 1.059 billion, a year-on-year decrease of 7.7%. This may indicate that in the third and fourth quarters of 2023, Blue Moon Group increased its marketing expenses.

  The core reason for Blue Moon Group to increase its marketing expenditure may still lie in the serious homogenization of products and the unexpected channel development. The slogan "Blue Moon, Creating a New Era of Laundry in China" is deeply rooted in people’s hearts, and the brand of Blue Moon has become synonymous with laundry detergent. At the beginning of 2012, the market share of Blue Moon has reached 52.7%.

  However, due to technical barriers and low barriers to entry, the dividend period of the Blue Moon did not last long. Domestic and foreign daily chemical enterprises urgently laid out the laundry detergent market and raced around the land, and the market quickly became a red sea from the blue ocean.

  In order to compete for market share, brands spare no effort in marketing. Inviting popular stars to speak on their behalf and reducing prices have become the necessary marketing means for going out of the circle. Under this influence, the blue moon’s unique pattern has also been threatened by domestic and foreign brands such as Libai, Carving, Verus, Jinfang and Mystery. Although "winning the first comprehensive share of similar products for N consecutive years" is the core propaganda point of Blue Moon, several head enterprises are evenly matched, and the gap is small. The market share of Blue Moon Group is far less than that in the early stage of industry development.

  With the intensification of brand competition in the market, Blue Moon Group is also slightly passive. In the first half of 2023, the sales of various products of the company fell sharply, of which the income of clothing cleaning and care products was HK$ 1.958 billion, down 20.1% year-on-year. The income from personal cleaning care products was HK$ 120 million, down 47.9% year-on-year; The income from household cleaning care products was HK$ 145 million, down 28.2% year-on-year.

(Sales of products in the first half of 2023 Source: Company Financial Report)

  In addition to product marketing, online and offline channel development is equally important for daily chemical brands. Judging from the channel expansion of Blue Moon in recent years, Blue Moon was removed from KA stores such as RT Mart and Carrefour in June 2015. Although Blue Moon returned to hypermarkets in a low-key manner in 2017, this move also weakened the advantages of Blue Moon’s offline channels to some extent.

  In terms of channels, in the first half of 2023, the sales of offline distributor channels and direct sales to major customers declined significantly. Among them, online channel sales accounted for the highest proportion of HK$ 1.448 billion, down 1.9% year-on-year; The second channel of sales accounted for the offline distributor channel, with sales of HK$ 642 million, down 40.5% year-on-year; The revenue from direct sales to major customers was HK$ 132 million, down 49.5% year-on-year.

(Sales by channel in the first half of 2023 Source: Company Financial Report)

  In the first half of 2023, the sales by category and channel dropped sharply, and the marketing expenses dropped. The company attributed the main reason for the decline in profit to the increase in marketing expenses or it was difficult to convince investors. Specifically, the root cause of Blue Moon Group’s profit decline in 2023 is the decline in sales of a certain category of products, or the decline in sales of a certain channel, as well as the overall inventory situation of the company, which remains to be further analyzed after the company’s official financial report is issued.

Reporting/feedback

People’s Bank of China welcomes overhaul by law: emphasizing the independence of monetary policy and increasing penalties for violations.

  After a lapse of more than ten years, another important law in the financial industry ushered in a major overhaul.

  A few days ago, the People’s Bank of China drafted and issued the Law of the People’s Republic of China on the People’s Bank of China (Revised Draft for Comment) (hereinafter referred to as the Draft for Comment), making it clear that any unit or individual is prohibited from making and selling digital tokens, which does not involve the monetization of the fiscal deficit. The upper limit of fines will be raised to 20 million yuan, and the statutory duties of the central bank will be greatly expanded.

  This revision emphasizes financial services to the real economy, strengthens financial macro-control, and modifies and improves the responsibilities of the central bank; Establish a dual-pillar regulatory framework of monetary policy and macro-prudential policy, improve the overall supervision system of systemically important financial institutions, financial holding companies and important financial infrastructure, and increase penalties for financial violations.

  "This is a major revision." Dong Ximiao, chief researcher of Zhaolian Finance, said in an interview with China Business News that under the background of major changes in the current international and domestic economic and financial environment, amending the Law of the People’s Bank of China with the times and strengthening the responsibilities of the People’s Bank of China in macro-prudential supervision and prevention of financial risks will help improve the system construction, create a more suitable legal environment for preventing and resolving financial risks and maintaining financial stability, and also help promote the financial industry to better serve the real economy.

  According to the central bank, the revision of the Law on the People’s Bank of China is necessary for building a modern central banking system and preventing and resolving systemic financial risks, and it is also in line with the trend of international financial regulatory reform.

  Establish a macro-prudential policy framework

  The Draft for Comment includes general provisions, organization, RMB, business, supervision and management responsibilities, supervision and management measures, financial accounting, legal responsibilities and supplementary provisions, with a total of 9 chapters and 73 articles.

  From the content, it mainly involves eight aspects: emphasizing financial services to the real economy and strengthening financial macro-control. The responsibilities of the People’s Bank of China have been revised and improved. Establish a dual-pillar regulatory framework of monetary policy and macro-prudential policy. Improve the overall supervision system for systemically important financial institutions, financial holding companies and important financial infrastructure. Give further play to the role of the People’s Bank of China in maintaining financial stability and preventing and handling systemic financial risks.

  And, improve the RMB management regulations, improve the governance system of the People’s Bank of China, improve the means of performing duties of the People’s Bank of China, and increase penalties for financial violations.

  In terms of revising and improving the functions of the People’s Bank of China, it is clear about drafting major laws and regulations of the financial industry, formulating the basic system of prudential supervision, taking the lead in taking charge of systematic financial risk prevention and emergency response, three "overall plans", and organizing and implementing national financial security review.

  In establishing a dual-pillar regulatory framework of monetary policy and macro-prudential policy, the monetary policy toolbox has been improved and the flexibility of monetary policy tools has been moderately increased; Establish a macro-prudential policy framework, clarify the macro-prudential policy objectives, focus on strengthening countercyclical regulation and penetrating supervision, and improve the macro-prudential policy toolbox of financial institutions such as countercyclical capital buffer, risk reserve and stress testing.

  In this regard, Dong Ximiao told the First Financial Reporter: "This revision has made major adjustments to the responsibilities of the People’s Bank of China, increased the macro-management responsibilities of the financial market and financial system, given the central bank the right to draft major laws and regulations on the financial industry, and coordinated the supervision of important financial institutions, financial holding companies and financial infrastructure. This will help improve the modern central banking system, further strengthen supervision and coordination, better meet the new requirements put forward by the development and changes of the financial situation on the central bank’s responsibilities, and also conform to the changing trend of international financial supervision. "

  Provide legal basis for issuing digital currency.

  The issue of digital RMB by the central bank has always been the focus of the market, and this revision provides a legal basis for issuing digital currency.

  Sun Haibo, president of the Institute of Financial Supervision, recently wrote an article analyzing that the formal inclusion of digital currency in the legal tender form has become the legal basis for digital currency to formally implement it nationwide, which will have a far-reaching impact on the management system reform of the payment system and the internationalization of the RMB.

  "Draft for Comment" improves RMB management regulations. Article 19 clearly states that "RMB includes physical form and digital form".

  Article 22 stipulates that no unit or individual may make or sell token tickets and digital tokens to replace RMB in circulation in the market.

  In addition, Article 65 also provides penalties for making and selling token coupons and digital tokens instead of RMB circulating in the market: The People’s Bank of China shall order it to stop its illegal activities, destroy the illegally made and sold token coupons and digital tokens, confiscate its illegal income and impose a fine of less than five times the illegal amount; If the illegal amount cannot be determined, a fine of not less than 100,000 yuan but not more than 500,000 yuan shall be imposed.

  Moreover, in the eyes of the industry, the "Draft for Comment" is equivalent to reaffirming the previous seven ministries and commissions, and at the same time upgrading from legal documents to legal level.

  In fact, as early as September 2017, ICO had been sentenced to "death penalty" by supervision. China People’s Bank, China Banking Regulatory Commission and other seven ministries and commissions jointly issued the Announcement on Preventing the Financing Risks of Token Issuance, which indicated that the financing of Token Issuance is essentially an unauthorized illegal public financing, which is suspected of illegal selling of token coupons, illegal issuance of securities, illegal fund-raising, financial fraud, pyramid schemes and other illegal and criminal activities. Since the date of announcement, all kinds of token issuance financing activities shall be stopped immediately. Organizations and individuals that have completed the financing of token issuance shall make arrangements such as repaying, reasonably protect the rights and interests of investors, and properly handle risks.

  Xiao Sa, a partner of Beijing Dacheng Law Firm, believes that the "Draft for Comment" accurately locates the illegality of the behavior, and ICO is not only an illegal act but also a crime. After the law is passed in the future, the possible result is that some ICO behaviors or companies that sell tokens will be investigated by criminal law. In the future, the selling behavior, manufacturing behavior and financial behavior of currency circles may be identified as crimes.

  No mention of monetization of fiscal deficit, raising the upper limit of fines

  During the epidemic, "monetization of fiscal deficit" became the focus of debate. According to the existing laws and regulations, the People’s Bank of China may not overdraw the government’s finances, and may not directly subscribe for or underwrite government bonds and other government bonds.

  Judging from the "Draft for Comment", this revision does not involve the monetization of fiscal deficits, and once again emphasizes the independence of monetary policy.

  Article 32 stipulates that the People’s Bank of China shall not overdraw the government finances, and shall not directly subscribe for or underwrite government bonds and other government bonds. The People’s Bank of China shall not provide loans to local governments and government departments at all levels, nor to non-bank financial institutions and other units and individuals, except that the State Council has decided that the People’s Bank of China may provide loans to specific non-bank financial institutions.

  Wang Yuling, president of Wuhan Branch of the People’s Bank of China, previously said that at present, the effect of direct access of monetary policy to the real economy is emerging. With the deepening of supply-side structural reform, the coordination between monetary policy and fiscal policy is constantly strengthened, and the blocking point of financial support for the real economy will be further opened. There is no need to adopt the extreme policy means of monetizing fiscal deficit. The revision of laws should not only meet the needs of economic development, but also maintain certain stability and create stable expectations for the market. The system that the central bank and the finance perform their respective duties and have clear boundaries is suitable for the current needs.

  Dong Ximiao believes that adhering to the requirement that "the People’s Bank of China shall not overdraw the government finances, and shall not directly subscribe for or underwrite government bonds and other government bonds" is the bottom line requirement for serious financial discipline, preventing the monetization of deficit problems, inflation and asset bubbles. From a practical point of view, China adheres to the normal monetary policy, and the monetary policy space is still large, so it is not necessary to implement unconventional monetary policies such as direct purchase of government bonds.

  In addition, the Draft for Comment stipulates that one of the monetary policy tools that the People’s Bank of China can use is to provide loans to commercial banks, rural credit cooperatives, rural cooperative banks, policy banks and development banks. Compared with the current law, the expression of providing loans to credit cooperatives, policy banks and development banks is added.

  In addition, in the expression of monetary policy, the original "determining the benchmark interest rate of the central bank" was changed to "determining the policy interest rate of the central bank". Sun Haibo believes that mainly due to the interest rate marketization reform, the central bank loan has cancelled the guiding interest rate and changed to LPR pricing, and the future deposit marketization is still expected.

  In view of the low cost of illegal activities in the financial market, the "Draft for Comment" increased the punishment for financial illegal activities, and stipulated that the punishment for serious illegal activities could be aggravated, and the upper limit of the fine was raised to 20 million yuan; The institutions that have obtained the approval of the People’s Bank of China shall be ordered to suspend their business, revoke their licenses, and be banned from the market.

  Dong Ximiao said that the direction and principle of strengthening strict financial supervision in the Revised Draft remain unchanged, giving the People’s Bank of China the right to inspect and investigate, and greatly increasing the punishment for financial violations. Setting up Chapter VI "Supervision and Management Measures" and giving the central bank the power to inspect and supervise financial institutions and other units and individuals will help the central bank to better perform its duties and enhance its authority and supervision effectiveness.

24-hour museum, a new landmark of urban nightlife

  On May 18, 2021, the audience participated in the "Fantastic Night" series of activities at the Shanghai Museum of Nature. Xinhua news agency

  The audience visited the 24-hour museum of Zhejiang Natural Museum. Photo by Zhang Zhenzhen/Bright Picture

  The audience visited the 24-hour museum of Zhejiang Natural Museum. Photo by Zhang Zhenzhen/Bright Picture

  In Chengdu Museum, parents take their children to experience the making of lacquerware in Chengdu at night. Xinhua news agency

    When night falls and the lights are on, can the tired city dwellers find a quiet leisure place and fully enjoy the cultural nourishment, in addition to the lively entertainment and consumption places such as cinemas, bars and KTV? A museum that opens at night may be a very good choice. Regrettably, although museums all over the country have tried to delay opening in recent years, holding night cruises, staying in museums and other activities, museums that normalize "opening at night" are still scarce.

    In Hangzhou, Zhejiang Province, the "24-hour Museum of Zhejiang Natural Museum" has experienced more than 20,000 visitors since it was put into trial operation for more than a month. After entering the summer vacation, the number has continued to climb. The venue is a 300-square-meter small cultural space built by Zhejiang Natural Museum. Its business hours are from 10 am to 24 midnight from Monday to Friday, and it is open 24 hours a day on Saturday and Sunday. This great breakthrough is the first in a state-owned museum. Taking this as a signal, can we expect that "latecomers" may emerge one after another, making museums one of the main venues of urban nightlife?

  1. The audience needs to pull the museum to keep trying.

    Recently, the Changjiang Daily’s continuous report on a "citizen’s suggestion" became a beautiful talk: in late June, Mr. Kang, a citizen of Wuhan, made a suggestion on the message board of Wuhan City. Since the summer, more and more people have visited Hankou River Beach at night, hoping that the Museum of Crossing the Yangtze River next to Yuehan Wharf can be opened at night, adding cultural flavor to the night tour of the river beach. On July 6th, Wuhan Jiangtan Office responded to this suggestion and announced that the opening hours of the Yangtze River Crossing Museum would be adjusted from 12: 30 to 20: 30 every Friday and Saturday from July 8th to August 31st. According to reports, on the day of the opening of the night tour on July 8, the total passenger flow of the museum was 316. Among them, the passenger flow after 16: 30 (the previous closing time) was 146, which was more than doubled compared with the previous data of the same period.

    Equally popular is the 24-hour Museum of Zhejiang Natural Museum, which is located in the center of Hangzhou and has convenient transportation. "In the past, we often received calls from tourists. During the day, we were busy visiting the West Lake and enjoying the beautiful scenery. At night, we wanted to take our children to visit the museum. But most museums are ‘ Nine to five ’ Open, it is difficult to meet everyone’s needs for cultural life. " Yan Hongming, president of Zhejiang Natural Museum, said that the idea of opening a "night museum" came into being as early as 2014. It happened that the museum recently recovered a 310-square-meter facade room along the street, which was suitable for creating a separate cultural new space, and began the preparations for the 24-hour museum.

    On the first day of trial operation, the 24-hour Museum of Zhejiang Natural Museum received more than 700 tourists in 9 hours from 15: 00 to 24: 00. According to the staff, almost every day from 10: 30 to 21: 30 is the peak time because it coincides with the summer vacation. In order to ensure the quality of the exhibition, the venue had to limit the flow to 100 people per hour, and many spectators waited in line outside the door. In order to "miss the peak", some viewers choose to go early in the morning or two or three in the morning on weekends. A citizen left a message after the exhibition: "After the opening of the 24-hour museum, we have another place to visit, which can not only cool off in the summer, but also learn a lot of interesting knowledge of nature."

    In the summer vacation, the 24-hour museum of Zhejiang Natural Museum is "one ticket is hard to find". According to the weekly data, during the week from July 4th to 10th, the museum received an average of 940 people every day. From 16: 00 to 22: 00, three or four hundred people enter the museum every day; From 22: 00 to 24: 00, although there were no more than 50 people on weekdays, it soared to nearly 200 people on weekends.

    "The night at the museum is very special because it has a quiet and visual feeling different from that during the day. This special experience is very attractive to the public. " Chen Lvsheng, former deputy director of the National Museum of China, wrote in the book The Beauty of Museums. He believes that it is very important for the city and the public to extend the opening of the museum to the evening as a normal state. The museum opens at night, regardless of the length of time, which reflects the civilization level and citizen quality of the city where it is located.

    In fact, before the outbreak, in order to promote the prosperity of the night economy, the cultural and tourism departments of some cities planned and organized the "collective action" of museums, which was linked to the night tourist routes of the cities. In August, 2019, Guangzhou Cultural Tourism Bureau organized eight exhibition halls, including Guangzhou Museum and Sun Yat-sen Marshal’s Mansion Memorial Hall, to open at night, that is, it was delayed until 21: 00 every Friday, Saturday and Sunday, and the explanation service was basically the same as that during the day. The Shanghai Cultural Tourism Bureau piloted the normal night tour project of museums for the first time from July to September 2019, and selected 14 pilot museums to extend their opening on Friday night; From June to August, 2021, the number of participating museums expanded to 30, providing citizens and tourists with a rich choice of night tours. Unfortunately, under the influence of the epidemic, the cultural tourism industry is inevitably impacted, and this linkage form of "museum fever" is still gradually recovering.

    On July 12, 2022, the Beijing Municipal Bureau of Culture and Tourism issued a notice that the museums in Beijing will carry out activities such as delayed opening to light up the "night capital" in summer. According to the conditions in the museum, museums will also extend their opening hours in due course, carry out evening cultural activities, or make appropriate arrangements for evening receptions based on planned activities. The museum is becoming a new landmark of people’s nightlife, opening a wonderful "museum night" for the audience in the hot summer.

  2. Diversified museum space makes the audience linger.

    "Giving priority to scientific and educational activities, supplemented by explanations" is the basic orientation of the 24-hour museum of Zhejiang Natural Museum. Perhaps it is this positioning that has made it gather a lot of popularity in the trial operation for more than a month. Hong Lei, a science and education staff member of Zhejiang Natural Museum, told the reporter that in summer, the 24-hour museum will hold several popular science education activities for young people including fossil excavation and volcanic science experiments, and the weekend night show is "locked in early" by many parents and children.

    In order to make the audience of all ages have a pleasant exhibition experience, in this small world of 300 square meters, interactive equipment can be seen everywhere: press the button below the bird specimen, and you can hear its unique singing; Spend 10 yuan’s money on materials. After coloring the fish stick figure, scan it with AR device, and fish will swim lightly on the projection curtain. There is also an interesting device of "I am taller than dinosaurs", and the Meta-Universe Theater can order popular science movies and watch online exhibitions. Tired of watching, the audience can also order a cup of coffee in the reading area, or taste the limited ice cream and dessert in the 24-hour museum. It can be said that "the sparrow is small and complete".

    "Now the development direction of museums, especially the development direction of popular science education and exhibitions, is very different from the traditional museums in the original sense." Hong Lei said that before entering the museum, it was to "see" the exhibition, and the specimens were placed in the showcase of the window. Now, after a series of reforms, there are diversified forms such as scene simulation, interactive exhibits and multimedia on the display, combined with the living specimen showcase, which brings a different experience to the audience.

    During the tour, Hong Lei paid attention to the different interests of audiences of different ages: children like dinosaurs named after Zhejiang land, such as Yang Yandong Yang Dunlong, Lixian Jiangshan Dragon and Lishui Zhejiang Dragon; Young and middle-aged audiences will be more attracted to rocks and minerals and native birds and insects; The elderly audience will prefer to study Chinese herbal medicines and grains. "Taking the animals, plants and minerals around us as the theme is because everyone can come into contact with it at ordinary times, but they don’t understand it. Excavating the knowledge around you can inspire the interest of the audience. " Hong Lei said.

    If "24 hours" is to let more tourists come to the museum through the extension of time, then when the visit is coming to an end, purchasing the museum’s "tailor-made" cultural and creative products is to let the museum integrate into people’s daily lives again. During the trial operation, the 24-hour museum customized butterfly and beetle crystal specimens and the 24-hour museum logo ice cream have met with the audience. Next, the museum will also develop a number of cultural and creative product systems including meteorites and space series.

    It is true that people expect museums to be integrated into the city’s leisure lifestyle at night, so that more cultural resources can be more convenient to get close to. However, if the delayed opening only delays the opening of a huge exhibition hall, it will burden the museum’s manpower and funds, but it will waste resources. Therefore, to make the museum "more exciting at night" is inseparable from the museum’s "crossing the river by feeling the stones" in light of its own actual situation, and it is also inseparable from the support of relevant departments and all walks of life.

  3. Opening at night is "not simple" and faces many challenges.

    "The quality of exhibitions and activities determines the attraction of the night show, and the audience will not come if the door is open." Chen Ceng Lu, director of the Wu Culture Museum, once said in an interview that the evening performances should not only be simple and open, but should be organically combined with educational activities, so that everyone can enjoy it at this time differently from the daytime.

    When it comes to the night activities of the museum, we have to mention the Lantern Festival held by the Palace Museum in 2019. At that time, it became a hot topic because "one ticket is hard to find". The news that "the traffic of grabbing tickets is too large, which leads to the instant collapse of the website server" and "the scalper ticket is up to 9999 yuan" is staggering. The reason is that, in addition to holidays, "scarcity" is the key — — The stunt of "The Palace Museum is open to the public at night for the first time in 94 years" can’t help but make people greedy.

    As a result, discussions have been launched on social platforms: Why can’t night activities be launched regularly, so that more people have the opportunity to participate? Some experts have analyzed that increasing lighting facilities and laying a large number of wires will increase the security risks in the Forbidden City, and ancient buildings with wooden structures cannot afford this risk; Not to mention the difficulty of managing tourists at night, there are still some cultural relics that are not suitable for night exhibitions and need timely rest.

    In fact, it is not only the Forbidden City, but also the museums at all levels in China, which are facing a lot of challenges to normalize the opening at night. Chen Lvsheng believes that it is a great test to create more night shows, because it not only prolongs the working hours of staff, but also faces security problems and increased management costs caused by prolonged opening. Therefore, museums need greater economic investment to maintain their opening at night.

    The Mumu Art Museum (Hall 798), located in Chaoyang District, Beijing, tried to extend its opening hours to 21 o’clock, and at the same time, it was accompanied by night activities such as immersive art healing, concerts and impromptu comedy experiences. "The Art Museum is in the 798 Art Zone, and the passenger flow is obvious ‘ Tide ’ Phenomenon, suitable for extending opening hours on weekends and holidays. At the same time, according to the user survey results, simply extending the opening hours can not significantly promote the audience to see the exhibition, but needs to give the audience an attractive reason. " Han Lin, the founder, said that he would not try to open the museum 24 hours at present, but should make a comprehensive evaluation based on the epidemic prevention policy and the management requirements of the park where the art museum is located, combined with the needs of the audience of the art museum.

    Due to the shortage of manpower, the 24-hour museum of Zhejiang Natural Museum openly recruited supernumerary scientific and educational personnel for the society in early July. According to Yan Hongming, the entire operation and management team of the 24-hour museum consists of nine full-time staff, and two part-time staff were added in the summer. At the same time, the museum also set up a special class for 19 people, including the collection group, the education group, the management group and the security group, to ensure that "the wonderful does not fight".

    At the same time, the challenge of keeping pace with the basic operation, publicity and promotion, human resources management and other costs is whether the museum can provide content and experience that "complement each other" with 24 hours. Which high-quality cultural products to choose to support the night show not only tests the museum’s professional level, but also reflects the museum’s aesthetic vision and artistic ability.

    In recent years, natural history experts often emphasize "locality", that is, telling local stories well, with the aim of letting more people deepen their understanding of the local area and understand the natural environment around them. And the interest in the animals and plants around us is the beginning of ecological protection consciousness.

    If the 9000-square-meter permanent exhibition hall of Hangzhou Pavilion of Zhejiang Natural Museum tells a "grand narrative" from the outbreak of life to the birth of human beings, then the 24-hour museum is an interest camp. More than 300 specimens displayed here are carefully selected from 270,000 collections, all of which are animals, plants and minerals in Zhejiang, and it is planned to update some exhibits from the massive collections every quarter.

    "It is the responsibility and responsibility of our museum people to innovate exhibitions, promote the activation and utilization of collections, protect, inherit and display the outstanding achievements of Chinese civilization." Yan Hongming said that the Zhejiang Museum of Natural History had mobilized the participation and enthusiasm of potential audiences through crowdfunding, crowdsourcing and mass creation. The opening of the 24-hour museum this time is a new attempt to expand all over the country. While using the living museum collections and venue resources, we will focus on the "double reduction" of service and education to help "double promotion" and practice the contemporary mission of "a museum is a big school".

    (Reporter Tang Yige Zhang Yun Lu Jian)

Interesting talk about "New Year’s Day": How to determine the dates of Spring Festival and New Year?

Beijing, January 1st (Reporter Shangguan Yun) Today is January 1st, and many countries call it New Year’s Day. It represents the beginning of a new year and is a cheerful festival in people’s minds.
Interestingly, in ancient China, "New Year’s Day" originally referred to the current Lunar New Year, and there were other names such as "Duanri" and "Yuanzheng". The determination of names and dates such as "Spring Festival", "New Year" and "New Year’s Day" has also gone through a long evolution process.
What is the meaning of the word "New Year’s Day" in ancient times?
Speaking of New Year’s Day, if interpreted literally, it can be understood as "the first day".
Data Map: On December 31, 2019, Chengdu Tianfu Square was decorated with various flowers to welcome the arrival of New Year’s Day in 2020. Zhang wave photo
The "yuan" of "New Year’s Day" means beginning and first, and the beginning of every number is called "yuan"; "Dan" is an pictograph, with the upper "Sun" representing the sun and the lower "One" representing the horizon. Together, it symbolizes that the sun rises from the horizon in Ran Ran and a new day begins.
Therefore, people combine the words "Yuan" and "Dan", which means the first day of the new year. It is said that New Year’s Day is also called "three yuan", that is, the yuan of the year, the yuan of the month and the yuan of the time.
One yuan initial, Vientiane update. In ancient times, New Year’s Day was highly valued. In the Jin Dynasty, there was a poet named Xin Lan who wrote a poem "Yuan Zheng": "Yuan Zheng opens the ceremony, and Jiaqing celebrates itself. Xian played for thousands of years, and Xiao Datong was happy. " It is the lively scene of New Year’s Day at that time.
When did the ancient "New Year’s Day" originate?
In fact, the "New Year’s Day" in ancient China is said to have originated in Zhuan Xu, one of the three emperors and five emperors, with a history of several thousand years. It is recorded in the Book of Jin: "Zhuan Di took the first month of Meng Xia as the yuan, which actually coincided with the Spring of New Year’s Day".
Although the meaning of "New Year’s Day" means the first day of the year has never changed, due to calendar reasons, the calculation method of the first day of the first month was not very unified before Emperor Wu of the Western Han Dynasty, and the months and days of New Year’s Day in previous dynasties were also inconsistent.
Data map. Photo by Meng Delong
For example, the Xia Dynasty in ancient times used the Xia calendar, which took Meng Xiyue (January) as the first month, but in Shang Dynasty, the Yin calendar used in Shang Dynasty took the twelfth month (December) as the first month, and the Zhou Dynasty’s weekly calendar took the winter month (November) as the first month.
After Qin Shihuang unified China, he decided to take Yangchunyue (October) as the first month, that is to say, the "New Year’s Day" at this time became "the first day of October".
It was not until the period of Emperor Wu of the Han Dynasty that the state of "changing and changing" basically ended: in the first year of Emperor Wu of the Han Dynasty, Deng Ping and others founded the "taichu calendar", redetermining Meng Xiyue (January) in the summer calendar as the first month, and calling the first day of Meng Xiyue (the first day of the first month in the summer calendar) New Year’s Day, which was used until the end of the Qing Dynasty.
The origin of the name "Spring Festival"
Time came to 1912, and in January of that year, Sun Yat-sen issued the Order of the Provisional President on Promulgating the Almanac, requiring the Ministry of Internal Affairs to compile a new almanac, and then stipulated that January 1st of the Gregorian calendar was "New Year’s Day", but it was not called "New Year’s Day".
As a result, there are two calendar systems in China: one is the official "solar calendar" as the time standard for public administration and international communication; One is the "lunar calendar" used in traditional society, which serves agricultural time and daily life.
Data Map: A desert bonfire party celebrating New Year’s Day was held in Yueyaquan Town, Dunhuang. Photo by Wang Binyin
In January 1914, the Ministry of Internal Affairs of the then government put forward in a submission to the President: "It is proposed to designate New Year’s Day in the lunar calendar as the Spring Festival, Dragon Boat Festival as the summer festival, Mid-Autumn Festival as the autumn festival, and Winter Solstice as the winter festival …" Later, only "New Year’s Day as the Spring Festival" was approved, so the traditional Chinese New Year was renamed as "Spring Festival" and the traditional name of "New Year’s Day" was put on January 1 of the Gregorian calendar.
However, Xiao Fang, a folklore expert, said that although the government at that time had been promoting the Gregorian calendar, it even forced people not to celebrate the old calendar and prohibit folk activities such as posting Spring Festival couplets, but the people did not buy it, and their daily lives continued according to the old calendar.
On September 27th, 1949, the first plenary session of the China People’s Political Consultative Conference passed the "People’s Republic of China (PRC) calendar adopts the AD calendar method", and the first day of the first lunar month is called the Spring Festival, and January 1st of the Gregorian calendar is designated as the New Year’s Day. At this point, "New Year’s Day" has become a festival celebrated by people, and the traditional annual festival has also received due attention.
What did you eat on New Year’s Day in ancient times?
"New Year’s Day in Four Seasons, Long Life in Early Spring" always brings people new expectations, and the ancient New Year’s Day court has a grand New Year’s greeting ceremony. In the Three Kingdoms period, Cao Zhi wrote a poem in Yuan Hui: "At first, Yuan You, in ancient times, was only good, and it was a good meeting, so I gave a banquet here."
Data Map: New Year’s Day activities were held in Kunming Jindian Scenic Area, the bell tower rang the bell for blessing in the New Year, and hundreds of children wrote Spring Festival couplets, camellia exhibitions and other activities to wish happiness and well-being in the new year. China News Service reporter Li Jinhong photo
There is a saying that similar activities such as celebrating ceremonies and praying for sacrifices in the past dynasties originated from the "wax sacrifice" in ancient society, which mainly sacrificed crops and harvested gods, such as the god of agriculture. In the era of low social productivity, people should thank the "gods" and ancestors for their protection at the beginning of the new year and pray for a good weather in the coming year.
At this time, the diet is also rich and colorful, which is clearly described in "Jingchu Age". For example, when New Year’s Day arrived, the worship of congratulations in Jingchu area was completed in the Southern Dynasties, followed by the introduction of pepper and cypress wine, peach soup, Tu Su wine, gum tooth jar and spiced dish. Apply it to powder, take the ghost pill, and eat an egg each …
Count carefully, including drinks, food and drugs, each with its own meaning. In ancient times, on New Year’s Day, people performed a set of customs step by step and were very busy.
Chen Xianzhang, a poet in the Ming Dynasty, mentioned in his New Year’s Day Trial Pen: "The neighboring wall whirls to entertain guests, and the children sing songs and enjoy the New Year’s poems." Like a "Happy New Year Picture", it depicts the scene of people celebrating the traditional New Year. (End)
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Yao Ming was speechless, and Qiao Shuai wanted to leave after reading it! China’s basketball farce, 7 violations without penalty, 88 fouls.

On September 18th, Beijing time, CBA teams were playing the Summer League recently, so a match between Shenzhen team and Xinjiang team can be said to be a real anger, with an unprecedented wonderful shot that is very rare and outrageous in the history of basketball in China.

There was a conflict between the two teams in this campaign, and there was a smell of gunpowder. They fought desperately for the championship prize of 120 thousand, and even some players stayed on the court after seven fouls. In the whole game, the commentary was tired, the players were tired, the referee was tired, and even the fans were tired. The bloody battle between the two sides lasted for nearly three and a half hours, with 88 fouls and 114 free throws. To be honest, this scene may not even be seen by fans for so many years. This is the case in the game of Xinjiang playing Shenzhen.

There must be some conflicts in this campaign, and both sides almost fought. In the fourth quarter, when Lutubula fell to the ground, he directly knocked down a piece with the opposite Li Muhao. After two people fell to the ground at the same time, Lutubula directly kicked Li Muhao on the ground, and Li Muhao got up and was about to fight. Both sides almost fought, but fortunately they were persuaded to leave.

Of course, in this game, the fight on the field is just an episode. What is the point? It is because the two teams played this ball more or less. A simple example is that the two sides actually fouled 88 times, Xinjiang fouled 46 times and Shenzhen fouled 42 times. Can there be fewer free throws in the case of so many fouls? There must be free throws. The Shenzhen team got 65 free throws, and the Xinjiang team also got a lot of free throws, up to 49, 65 free throws and 49 free throws. As a result, they were 32 out of 49 and 43 out of 65, respectively. Your free throw percentage is so poor (65.7%). Yao Ming really laughed and cried after reading it. Qiao Shuai didn’t want to bring a men’s basketball team after reading it.

This is a test of basic skills. The two teams fined 114 goals, but the hit rate was so low. That’s why basketball in China is not good. Can the younger generation do it without practicing basic skills? How can it be better? This is a wonderful scene. Whenever the two teams score a few more penalties, there is not so much overtime. Not only that, but there is also a low level, that is, the referee is really bragging.

There were 88 fouls committed by two teams, 46 in Xinjiang and 42 in Shenzhen, and even seven fouls were played in Liu Bowen. Because there were too many injured people, many people were sent off for six fouls, five people from two teams made six fouls, and then one made seven fouls. How did the referee brag?

More importantly, the game could have ended early. At the last moment of the first overtime, Sun Haoqin made a three-pointer at that time, and the referee had already blown a foul. He used to end a game with a penalty, and the score was even. As a result, after watching the replay, the referee canceled the foul and went on playing. What else can we say? The amateur referees are like this, which can explain why there are no China referees among the 44 referees in the Basketball World Cup.

There may be a lot of people in this game who feel very emotional and fierce. In the end, the champion Xinjiang team won 120,000 yuan, and the runner-up Shenzhen won 80,000 yuan, just for the difference of 40,000 yuan in the middle. But in fact, the most important thing is to let Yao Ming see how bad the players in China are, and the level of the referee in China is really not very high. Qiao Shuai probably wants to leave directly after reading it.