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Running a red light, going retrograde… Why do takeaway riders repeatedly perform life and death speed?

  investigation motive

  Recently, #BeijingA takeaway rider illegally overtook a car and caused death #Rush on the hot search. Beijing traffic control authorities revealed that a takeaway driver was driving past a car on a section of Xicheng District when he hit a pedestrian crossing the road. After being sent to the hospital, the pedestrian died after being rescued. At the time of the incident, the takeaway driver was speeding and did not drive on the right, which was a number of faults.

  In this regard, many netizens left messages saying that in life, traffic violations such as red lights, retrograde, and speeding by takeaway riders have become commonplace, seriously affecting traffic order and requiring urgent rectification. Public reports show that traffic accidents and even deaths caused by takeaway riders due to traffic violations are also common.

  The reporter conducted an investigation and interview on why the delivery riders "risked their lives" on the road and how to solve this chaos.

  □ Wen Lijuan, reporter of Rule of Law Daily

  □ Zheng Ting, Intern of Rule of Law Daily

  "Riders often perform life-and-death speed when delivering takeout, and we can’t stop it at all," said Wang Li, a traffic counselor at an intersection in Chaoyang District, Beijing. Every day during the midday and evening rush hours, Wang Li sees many takeout riders "flash by" in front of her eyes, whether it is a red light or a green light; she has also seen many takeout riders have traffic accidents as a result.

  Guo Kun, a rider, is one of the "speeding experts". He confessed to the Legal Daily reporter that he had run red lights twice and retrograde three times during a delivery process, and the whole speed exceeded 50km/h many times. "Of course I know it’s not safe, but if you don’t do it, you won’t be able to deliver it on time. If the delivery is overtime, you will be deducted more money than you should earn," he said. "As a rider, who didn’t run a red light and who didn’t exceed the speed?"

  With the development of the Internet ordering industry, takeaway food delivery has become more and more convenient for people’s lives, but at the same time, the pursuit of speed has led riders to ignore traffic laws and regulations, and the accident rate has been high. Reporters recently visited multiple intersections in Beijing and found that traffic violations such as red lights, reverse driving, and speeding were prominent, and some riders still had distracted driving behaviors such as looking at their mobile phones and answering phones during driving.

  Rider intersection ignores red light

  Retrograde speeding is extremely common

  At 6 p.m. on July 17, the peak time for takeaway riders to deliver food. At a crossroads connecting shopping malls and many office and residential buildings in Chaoyang District, Beijing, reporters observed that more than 70 riders passed through the intersection within 30 minutes, including 35 who went retrograde, diagonally crossed the road, and ran red lights.

  There are many restaurants around the intersection, and dozens of takeaway electric vehicles fill the sidewalk, so pedestrians can only walk along the side of the road. After the riders pick up the order, they ride the electric vehicles directly along the sidewalk and drive into the road.

  A few riders looked to the left and saw that the car was still some distance away from them, so they drove onto the sidewalk and rushed to the opposite side of the road, completely ignoring the warning of the red light; when they reached the middle of the road, because there were many vehicles on the right and the speed was fast, the riders stopped, some took out their mobile phones and looked down to check the information, some waited on the head of the electric car, and some kept observing the road conditions. Once there was a "gap", they immediately increased their horsepower and "sprinted" over.

  Guo Kun often delivers takeout in this area, with a delivery radius of up to 5 kilometers, and the delivery time of an order varies from 30 minutes to 60 minutes. He told reporters that during the peak delivery period, a rider may have six or seven orders on hand at the same time, and the delivery time is almost overlapping. To avoid timeout, the delivery time of each order can only be compressed as much as possible. The system will provide route navigation for each order, but the delivery time is calculated based on the shortest route, and some of the shortest routes even include retrograde sections. If it is not retrograde and speeding, it is impossible to deliver every order on time.

  Once the delivery is timed out, the price is high: a certain percentage of the delivery fee is deducted, sometimes as much as 70%, depending on the timeout. "Everyone earns hard money and has to be fast," Guo Kun said.

  Zhang Yi, who works as a security guard in Beijing, will work as a part-time rider during the holidays. "I definitely want to send a few more orders and make more money." He said that the maximum speed of the national standard electric car is only 25 yards. Normally, you can only take 2 to 3 orders at most. If you want to send a few more orders and speed up, you have to take risks to modify the electric car. In order not to time out, you must always keep an eye on the time during the delivery process. Running red lights and going retrograde are inevitable.

  Especially on rainy days when it is easiest to "order surge", riders often have to appease anxious customers while rushing. Once, on a rainy day, it took the customer about an hour to place an order before Zhang Yi received the order. After receiving the order, the customer immediately called him and asked why the order had not been delivered for an hour. In fact, the delivery time of riders is calculated from the beginning of receiving the order.

  "The road is not easy to walk on rainy days. If the speed of the car exceeds 20 yards, the brakes will easily slip and fall. In addition, the rain will affect the line of sight, so the delivery time will be longer than on sunny days." Zhang Yi said.

  Luo Yu, a part-time rider from Guangzhou, Guangdong, faces the same dilemma. He only runs three or four hours a day, concentrating on lunch and dinner, and completes an average of more than a dozen orders a day. He has a system to send orders, and he also grabs orders himself. Although there is a risk of timeout in taking more orders, Luo Yu still hopes to be able to take more orders, because taking more orders means making money. And when he has more orders, running red lights and going retrograde have become commonplace for him.

  The number of traffic accidents is on the rise

  The rights and interests of both parties are difficult to protect

  Riders speeding, going the wrong way, and running red lights have led to an increasing number of traffic accidents.

  According to the staff of the traffic accident handling center in Changsha, Hunan Province, a large part of the traffic accidents involve delivery riders. Most of the cases involve running red lights and driving in the opposite direction, especially the phenomenon of looking at mobile phones while riding. In recent years, the traffic accident rate of delivery riders has been on the rise.

  Wang Li has seen many riders have accidents due to rampage while on duty, "especially the cross road *** has a high accident rate".

  On the evening of August 1, it was raining in the sky. The reporter witnessed a traffic accident in a community in Chaoyang District, Beijing: a takeaway rider wearing a raincoat and a rain hat half-covered his eyes was riding while answering the phone, completely oblivious to the passers-by walking in front. After he reacted, he made a quick turn, and the electric car slipped directly, causing the takeaway in the incubator to fall to the ground.

  For riders, compensation is often difficult to achieve in the event of an accident.

  Liu Lin, a rider in Beijing, was hit by a car while delivering food and left a 5cm scar on the outside of his arm. "The driver had insurance, and the insurance company asked me to provide proof of income to calculate the missed work fee. My monthly income at that time was about 10,000 yuan, but when I asked the platform for proof of income, the platform said it had nothing to do with them. In the end, the insurance company paid according to the minimum wage standard."

  The rights and interests cannot be guaranteed, and there are passers-by who were injured by takeaway riders.

  Beijing photographer Wang Pingping was injured by a takeaway rider on the way to work. After the accident, the traffic police determined that the rider was fully responsible for the accident, but the rider could not afford it personally, so they went to the platform company, but the other party brushed off the responsibility. "In order to avoid injury, I can only try to stay away from the’speeding ‘takeaway rider in the future."

  A variety of factors contribute to the chaos

  The platform algorithm needs to be improved

  The reason for "working hard" and seeking fast, many interviewed riders mentioned that on the one hand, they are in order to take more orders and make more money, and on the other hand, they are in order to evaluate the performance of the platform and avoid being punished for overtime.

  The reporter learned that most takeaway platforms currently implement piece-rate wages. Riders’ income mainly comes from the commission of "running orders", and the more orders they receive, the more they earn. In addition, the status level of a rider depends on the rider’s "bee value", which is calculated through multiple dimensions such as attendance, order volume, response rate, and praise rate. The higher the "bee value", the more orders will be dispatched. Riders desperately run orders to protect data and compete for "bee value" because it is closely related to income.

  Wu Jie is the webmaster of Shandong Tai’an site of a takeaway platform outsourcing distribution company. He told reporters that takeaway platforms are usually only responsible for merchant settlement and merchant order generation, and distribution services are outsourced to various distribution companies, and then local sites under each distribution company provide delivery services.

  "The reward and punishment systems of different distribution companies are basically similar, but the calculation rules are different. For example, the average unit price in Shandong is 4 yuan, and the reward and punishment system is relatively loose on this basis. The average unit price in Beijing is 6 yuan to 8 yuan, and the reward and punishment system is more strict. The most important thing in the performance appraisal of riders is the punctuality rate, satisfaction rate, violation rate and attendance rate," Wu Jie said.

  Regarding rider rewards, Wu Jie introduced that full-time riders mainly include full attendance award, single king award (the top three orders on this site in the month), total order salary, order ladder award, bad weather subsidy, distance subsidy, weight subsidy, night subsidy, etc.; part-time riders mainly have order fees, various platform activity rewards such as "hand-holding" and "rushing single award", etc. Other subsidies mainly depend on the willingness of merchants. If an order is not received by a rider for a long time, the merchant will increase the unit price.

  The reporter learned from Wu Jie that for full-time riders, the delivery fee is fixed at 4 yuan per order. If it exceeds the delivery range by 1 kilometer, the subsidy is 1 yuan, and if it exceeds the delivery range by 2 kilometers, the subsidy is 1.5 yuan. If it is seriously overtime (referring to exceeding the delivery time of the order by more than 30 minutes), a fine of 5 yuan per order will be imposed. For part-time riders, 20% of the delivery fee will be deducted for 3 minutes overtime, and 50% will be deducted for more than 3 minutes overtime.

  "Regarding complaints and bad reviews, if a full-time rider encounters such a situation, they can either negotiate with the customer or only accept a fine," Wu Jie said. "The part-time rider will deduct personal credit points according to the situation. When the credit points are insufficient, it is forbidden to take orders. Online training and answering questions are required to restore the authority to take orders. In more serious cases, the number will be permanently banned."

  Some riders also pointed out that the platform’s journey algorithm has many unreasonable aspects. For example, the delivery time is calculated based on the distance, and it will not be judged based on the speed of the merchant’s meal, the small size of the meal, and whether there are special circumstances on the road.

  Zhang Yi was most afraid of delivering takeout to a community under renovation or a high-end community. Such orders were most likely to be timed out, and vehicles could not enter and could only be delivered on foot. After entering the community, he found that there was no building number or unit number, so he could only keep asking and calling customers. Once, because he couldn’t find the address and couldn’t contact the customer for a while, it took him an extra 20 minutes to deliver the order. At this time, there was not much time left for the next order.

  Dong Lai, a traffic law practice expert and director of Beijing Kaiya Law Firm, has long been concerned about the rights and interests of takeaway riders. He summarizes the reasons for the frequent occurrence of riders’ traffic violations. In addition to the riders’ own poor awareness of traffic rules and lack of safety education, platform dispatch models and algorithms are important reasons.

  "Some platforms have unreasonable order delivery models and high deduction fees. The monthly income of takeaway riders basically depends on the delivery fee. If you get a delivery fee of about 5 yuan for an order, then if you send 30 orders a day, the rider can earn 150 yuan; but if it expires, the rider will usually be deducted a certain proportion of the delivery fee; if the customer refunds the order, the rider needs to bear the full loss." Dong Lachao said that in addition, some platforms have a single algorithm, and the estimated arrival time is too short, so the rider can only run hard.

  "In order to appease users, some platforms even display different arrival times for riders on the user’s mobile phone and those displayed on the rider’s mobile phone. The time on the user’s mobile phone is often 1 minute to 2 minutes earlier, which leads to riders having to run on the road in order not to get bad reviews." In addition, some merchants that provide takeaway food are slow to eat, and they have already clicked "food preparation is complete" before they have eaten, resulting in longer waiting times for riders and squeezed time on the road.

  Linkage supervision and governance chaos

  Certification is urgent

  In April this year, the State Administration for Market Regulation, the Cyberspace Administration of China, and the National Development and Reform Commission jointly issued the "Guiding Opinions on Implementing the Responsibilities of Online Catering Platforms and Effectively Safeguarding the Rights and Interests of Takeaway Deliverymen", proposing that platforms should not use the "strictest algorithm" as an assessment requirement. They can reasonably determine the number of orders, punctuality rate, online rate and other assessment factors through "algorithm selection" and other methods, and appropriately relax the delivery time limit. Online catering platforms and third-party cooperative units shall participate in social insurance for takeaway deliverymen who have established labor relations in accordance with the law, and encourage other takeaway deliverymen

  The reporter observed a takeaway platform and found that its pilot changed the "estimated delivery time point" to "estimated delivery time period", and set "Junction Treasure" to guarantee the delivery time of the order. If the rider does not deliver within this time period, the platform will pay the corresponding amount according to the excess time. However, on the order receiving page of the rider, it still shows the number of minutes required to be delivered, which has a strict time limit. However, the rider can extend the delivery time by reporting the slow delivery of the merchant. The delivery time starts to be calculated after receiving the order.

  It is urgent to balance the contradiction between the "slowdown" and "income" of takeaway riders.

  A number of interviewed experts and industry insiders pointed out that the management of traffic violations and chaos among takeaway riders cannot be separated from linkage supervision, one is the supervision of the platform, and the other is the supervision of riders.

  Dong Lachao suggested that the platform adjust the assessment rules and optimize the algorithm. At present, many takeaway platforms have not established a complete set of mechanisms to incentivize takeaway riders to reduce traffic violations, such as rewarding takeaway riders who have not committed traffic violations; they can make full use of big data intelligent analysis to formulate standards to remove the time spent on traffic congestion from the rider’s assessment, and at the same time disregard unreasonable bad reviews.

  "In addition, the legal relationship between the platform and the rider also needs to be clarified urgently. At present, the management body between the rider and the platform company is not clear, and there are complex social management models, such as special delivery model, labor dispatch model, crowdsourcing model, individual model, agency model, etc., resulting in lax management. Therefore, it is necessary to improve the legislation to clarify the management body. When the rights and interests of riders or platform companies are damaged, they can get social relief with reasonable evidence and law." Dong Lachao said.

  In his opinion, it is urgent to set up a strict entry system for the takeaway rider industry, and it is recommended that riders be licensed to work. For example, determine a social management body to train riders, and after the training, they will be certified to work, and the riders will be assessed and evaluated every year. If traffic violations reach a certain number of times, they will not be able to pass the annual review the following year, and effective supervision will be formed through source management.

  Liu Wei, a partner at Beijing Shengchi Law Firm, also proposed that the platform should optimize algorithm design and other measures to achieve a balance between corporate economic efficiency, rider income, and safety.

  "How does the platform deal with customer dissatisfaction and complaints? Whether to simply punish the riders or solve them through other channels, we need to think more, try to meet customer requirements while avoiding excessive pressure on the riders, and prevent the situation that the riders are desperate to speed up the delivery of orders regardless of safety." Liu Wei said. He also suggested that the relevant departments can urge the platform to establish and improve the channels and procedures for reflecting the demands of takeaway riders through irregular inspections, such as simplifying the procedures and shortening the process. The relevant demands of takeaway riders should be handed over to the first responsible person, and timely feedback should be given. The feedback time should be controlled within 24 hours as much as possible to resolve conflicts in a timely manner.

  (The parties in the text are all pseudonyms)

Prepare New Year’s goods, Hunan people buy "new tricks"

  This year’s Spring Festival came earlier than in previous years. Just after New Year’s Day, everyone was busy buying New Year’s goods. On January 8, the reporter visited major shopping malls and supermarkets and found that the purchasing power of Hunan people’s New Year’s goods this year has not decreased, and there have been many new changes, buying "new tricks".

  While major shopping malls and supermarkets usher in the peak passenger flow before the Spring Festival, major online e-commerce companies have rushed to the New Year’s goods market. Hunan people who love to taste "fresh" not only pursue seasonal local specialties, but also put "foreign fresh" on the table; with the advent of the 5G era, smart products have also "broken" into people’s New Year’s shopping lists.

  1. Online and offline, the price is much more "beautiful" than usual.

  There is still half a month for the Spring Festival, and when I enter the supermarkets such as BBK, China Resources Vanguard, and Carrefour, I can already feel the Spring Festival atmosphere. Decorations such as "Happy Year of the Rat 2020" are beaming, and cookies, dried fruits, candies and other areas are full of hot-selling gift-giving products.

  The reporter saw in the BBK Changsha Dongtang store that there are a wide range of preferential activities such as buy 100 yuan and get 100 yuan cash coupons for snack food, and price-break discounts for milk cartons. Ms. Yang, a citizen who is shopping for chocolate gift boxes, said that there are many relatives visiting during the Spring Festival, and they take advantage of the strong discounts in supermarkets to stock up on some snacks.

  The supermarket salesperson of BBK Changsha Dongtang store told reporters that preserves, candies, milk and puffed food are still must-have items in the shopping cart of Hunan people’s New Year’s goods, but with the gradual rise of the health craze in the "post-80s" and "post-90s", nuts have become one of the popular New Year’s goods. Sugar-free, low-fat biscuits and cakes and other healthy snacks are increasingly sought after by young people.

  Offline supermarkets offer strong discounts, and online e-commerce is also in full swing. The "New Year’s Shopping Festival" that started one after another in January has become the first promotion of the new year for major e-commerce in 2020.

  Tmall’s "New Year’s Shopping Festival" this year set a small goal of "helping farmers across the country to underwrite at least 300 million catties of fruit"; JD.com uses "Spring Festival does not close" and "buy expensive and pay" as selling points to provide New Year’s goods while upgrading services; Sunny Retail Cloud, which sank into the county market, released data on January 4. During the "New Year’s Shopping Festival" event, the overall order volume increased by 113%.

  Li Ying, a girl from Chenzhou who works in Guangzhou, told reporters that this year her family was in Guangzhou for the Chinese New Year. To understand her homesickness, she ordered Xiangxi five-flower bacon from Songkwai Fong online. The store coupons and promotional allowances provided by e-commerce platforms made the price much more "beautiful" than usual.

  2. All local and specialty "foreign products" will be accepted according to the order.

  It was New Year’s Eve in the market. At this time, the ordinary people in Shili Baxiang would sell their own native products, and this year was no exception.

  On January 2, Zhangjiajie Yongding District Jiaoziya Town held the first Tujia New Year’s Shopping Festival. Xiang Zuopeng, a villager in Qijiaping Village, Jiaoziya Town, did not expect that the rice and rice he brought were so popular and sold for thousands of yuan. It is understood that Tujia New Year’s Shopping Festival attracted nearly 30,000 people from urban areas and surrounding townships to the market to purchase authentic New Year’s goods, and 925 on-site exhibition booths sold a total of more than 50,000 kilograms of agricultural and sideline products.

  Guiyang County also collected local and special products from various villages, and held the third New Year’s Shopping Festival on January 6. Fungus food, local chicken and duck, white water sour chili peppers, etc. merged into a "New Year’s goods street". As Mr. Chen, a citizen, bagged the New Year’s goods, he said: "Sour chili peppers are very famous, but it is difficult to buy them too far from the county seat. This time I specially bought a few more cans for relatives and friends to give them a taste."

  Local seasonal agricultural products continue to sell well, and novel New Year’s goods from all over the world have also begun to hit the shelves.

  Reporters in Hema Fresh Changsha Xiyingmen store saw that Thailand’s rich shrimp, Australian lobster, New Zealand blue abalone and other fresh seafood and Chilean cherries, afterfruit, Australian mango and other southern hemisphere fruits have been put into the shopping cart by consumers one after another.

  According to the "Fresh New Year’s Cargo Spring Festival Travel Map" released by Hema Fresh on January 8, there are currently hundreds of high-quality fresh New Year’s cargoes from more than 40 countries around the world, successfully grabbing tickets, air tickets and ferry tickets for the Chinese Spring Festival travel, and non-stop shipping the best local agricultural products to China.

  According to Hema Fresh data, many Hunan people have achieved "cherries freedom". Chilean cherries have seen a large increase in sales, with sales increasing by more than 500% compared with the same period last year. Consumption frequency has also increased. Hema Fresh staff said that imported fruits and seafood have changed from gifts for relatives to daily consumer goods in people’s family life, appearing on the New Year’s Eve dinner table of more and more families.

  3.5G era is approaching, keeping up with the new trend of smart consumption

  "Xiao Ai, play a song" Gong Xi Fa Cai "." At the Xiaomi Home Changsha Wangfujing store, as soon as the staff finished speaking, the smart speaker immediately began to play lively Spring Festival songs. The staff said that before the Spring Festival, many people added household items, and a full set of smart home products such as Xiaomi TVs, air conditioners, sockets, and switches were loved by many young people.

  According to data released by Tmall on January 8, during Tmall’s "New Year’s Shopping Festival", "post-00s" who officially entered the 20-year-old threshold became loyal fans of smart devices. Bluetooth headphones and smart speakers are new choices in the "post-00s" New Year’s list. Buying a Tmall Genie for parents to enjoy a high-tech smart life has also become a new way for "post-00s" to be filial to their parents.

  Suning big data shows that on January 1, the sales of smart drying racks on the Ning platform increased by 471% year-on-year, the sales of smart toilet covers increased by 159% year-on-year, and the sales of water purifiers increased by 129% year-on-year. 5G mobile phones have become the new favorite of shopping years ago. The sales of online and offline omni-channel mobile phones on Suning.com are hot, and the sales of 5G mobile phones have increased by 490% month-on-month.

  It is understood that this year, the sales of Tongcheng Electric smart products have also increased by more than 300% year-on-year.

  Technology has added new options to Chinese New Year gifts. Mr. Tang, a resident of Changsha, is preparing to buy a smart bracelet as a gift for his grandfather. "It’s Chinese New Year. Wear a smart bracelet for the elderly, so you can monitor your physical condition in real time and do your filial piety," he said.

  (Text by Huang Tingting)

Newton Group suspends capital injection! Hengda Auto’s heavy announcement: resumption of trading tomorrow

Every editor, Zhang Jinhe    

On the evening of October 8, 2023, Hengda Automobile announced the resumption of trading and disclosed the latest progress of the war investment.

Evergrande Motor said in the announcement that on September 29, 2023, it received a letter from Newton Group stating that in view of Evergrande Motor’s announcement of the suspension of trading of its shares on September 28, 2023, together with a series of recent changes in China Evergrande, which in turn will also bring significant uncertainty to the share purchase agreement and the proposed transaction. According to the share purchase agreement, the completion of Evergrande Group’s workout and a series of other prerequisites are very important prerequisites for closing. In this case,Newton Group suspends its obligations under the share purchase agreement. 


Newton Group said that according to the transitional financial support agreement, due to the current situation that the preconditions under the share purchase agreement cannot be met, the preconditions for Newton (Zhejiang) Automobile to pay the second and third funds to Hengda New Energy Vehicle (Tianjin) have not been met.It is not obligated to pay the second and third tranches of funds to Hengda New Energy Vehicle (Tianjin) for the time being. 

In addition, Newton Group also hopes that Hengda Automobile will reply to clarify the following aspects:

First, the Hengda Group workout plan involved in the share purchase agreement needs to be readjusted, and there are plans to launch a new restructuring plan;

Second, China Evergrande, Evergrande Automobile, creditors and related parties are willing to renegotiate the adjustments required for the proposed transaction plan on the premise that the new restructuring plan is clear.

Third, Newton Group confirms that the letter sent to Hengda Automobile does not constitute a notice to terminate the share purchase agreement, and there is no request to terminate the share purchase agreement as of the date of issuance.

Evergrande Automobile pointed out that on October 5, 2023, it sent a reply to Newton Group.Expresses its willingness to renegotiate with it any necessary adjustments to its plans for the proposed transaction.Evergrande also said it would make further announcements in due course in accordance with the Listing Rules and Takeover Rules. 

The board of directors of Evergrande Automobile believes that,It currently has no other insider information that needs to be released.It has applied to the Stock Exchange to resume trading from 9:00 am on October 9, 2023. At the same time, Evergrande also cautioned that as the proposed transaction may not proceed, shareholders and potential investors should exercise caution during the transaction.

On the evening of August 14, Hengda Automobile (0708.HK) issued an announcement,The first strategic investment of US $500 million (about RMB 3.63 billion) by the US-listed company Newton Group (NWTN), which is held by the UAE sovereign fund, and 600 million RMB transition funds will arrive one after another 5 working days after the announcement

All investment funds are used in Hengda Automobile’s Tianjin factory to ensure the normal production of Hengchi 5 and the successive mass production of Hengchi 6 and 7It is reported thatNWTN Group will also assist Hengda Automobile to develop overseas markets and achieve the annual export of 30,000 – 50,000 Hengchi vehicles to the Middle East market

Before the suspension, Hengda Automobile’s share price was HK $0.56, and its market value was HK $6.073 billion.

On the evening of September 21, Hengda Automobile released the 2023 semi-annual report, showing that as of June 30, 2023, the company’s total assets 42.852 billion yuan (RMB, the same below),Total liabilities 75.692 billion yuan.

As of June 30, 2023, Hengda Motor borrowed 26.997 billion yuan, up 1.011 billion yuan from 25.985 billion yuan at the end of 2022.

As of June 30, 2023, Hengda Automobile was involved inFailure to pay off maturing debts accumulated about 9.341 billion yuan, the overdue commercial ticket accumulated about 3.591 billion yuan.

In the first half of 2023, Hengda will focus on the production and delivery of Hengchi 5, with more than 760 vehicles delivered.

On the evening of July 26, 2023, Hengda Automobile (00708.HK) released its 2021 and 2022 results announcement. For the year ended December 31, 2022,The Group incurred a loss of 27.664 billion yuan (2021: loss 56.344 billion yuan)As of December 31, 2022, the Group’s cumulative loss and shareholder loss were 98.906 billion yuan (2021: loss 71.241 billion yuan) and 68.651 billion yuan (2021: loss 39.339 billion yuan) respectively.Cash and cash equivalents at 31 December 2022 at $220 million (2021: $2.453 billion)

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Image source: Hengda Automobile Announcement

In terms of debt,Evergrande Automobile’s total liabilities in 2022 are 183.872 billion yuan, excluding the advance receipt 3.314 billion yuan, the debt scale is 180.558 billion yuan. As of December 31, 2022,The Group is involved in unliquidated maturing debts of approximately 11.626 billion yuanIn addition, as of December 31, 202,Group overdue tickets accumulated about 18.512 billion yuanAs of December 31, 2022, Hengda AutomobileThe total assets are 115.22 billion yuan, which is already insolvent

According to Life Daily, Newton Group (NWTN) is the "pacesetter" of new energy vehicles in the United Arab Emirates, with deep ties to China. Newton Group was formerly known as the Tianjin-based company Iconic. After "Nirvana",Newton Group received funding from the UAE Royal Fund and was established in Dubai in 2016To be born again.Newton Group is now controlled by the Royal Group of the United Arab EmiratesIt has unique advantages in core technologies such as modular pure electric platforms, digital vehicle interconnection systems, electrical and electronic architecture, and autonomous driving. Supercar, full-size SPV, and compact SPV are the main products being developed by Newton Group.

As the first manufacturer to obtain a new energy vehicle production license in Abu Dhabi, the strength of Newton Group should not be underestimated. In May 2022, Newton Group announced that it signed a PIPE subscription agreement with Al Ataa Investment LLC (hereinafter referred to as LLC) in Abu Dhabi, UAE, with a total amount of 200 million US dollars. LLC is the UAE Royal Assets Company, which is not only an important part of the UAE economy, but also represents the national intention of the UAE’s special political system. This subscription shows the strong support of the UAE for new energy vehicles, and also shows the country’s determination to develop local new energy vehicles.

With the strong support of the UAE government,Newton Group successfully "landed" on Nasdaq in the United States on November 14, 2022, becoming the first stock in the United Arab Emirates’ new energy vehicle listing in the United States

Before putting on the coat of "the first share of new energy vehicles in the United Arab Emirates", Newton Group was active in domestic and foreign markets as the "Iconic" brand.

According to Iconic’s official Weibo chat history, in September 2016, Tianjin Iconic New Energy Vehicle Co., Ltd. was established. In April of the following year, the company brought its first pure electric MPV to the Shanghai Auto Show and claimed that it had won nearly 10,000 pre-orders at home and abroad before it was listed. The first batch of new cars will be delivered in 2019.

Image source: Weibo screenshot

Similar to the "hot-selling" news of the product, there are also its big-name partners that have been officially announced, such as product design by W Motors, a Middle Eastern supercar manufacturer, prototype car building by Turin studio, and working with Microsoft to create future smart travel solutions.

However, as the time came to 2019, Iconic did not release more news on the delivery of orders. But at the same time, the company is still revealing new "highlights". According to a report by China News Service in April 2019, during the 2019 Shanghai Auto Show, Iconic founder and president Wu Nan announced that Iconic established Tianjin Tianqi New Energy Vehicle Co., Ltd.

In July of the same year, Tianjin Aikonik New Energy Vehicle Co., Ltd. was renamed Tianjin Tianqi Group Co., Ltd. At that time, many media reported that Aikonik and Tianjin Jinghai District Government, Tianjin Baili Machinery Equipment Group Co., Ltd. and Tianjin Jinghong Investment Development Group Co., Ltd. reached an agreement on the transfer of equity of Meiya Automobile, and thus obtained the car manufacturing qualification.

Inside the registered place of Tianjin Tianqi Group, picture source: Photo by Li Xing, every reporter

According to the news released by Tianjin Jinghai District Rongmedia Center in 2019, the Tianqi New Energy Vehicle Headquarters project will be settled in Jinghai District Ziya Economic and Technological Development Zone. The project is divided into two phases as a whole. The first phase starts the new energy vehicle production base project, and the planned annual production capacity is 50,000 new energy MPVs. It is expected to start construction in October 2019 and be completed and put into operation in October the following year.

However, there is no public information on the progress of the project.

Previously, a reporter from the "Daily Economic News" called the investment project department of the Jinghai District Government Service Office to inquire about the follow-up progress of the aforementioned project. After the other party’s inquiry, the project was not established in the system. "[The project unit at that time] may have an agreement with the district government, but it may only be a framework agreement, or a strategic agreement. In the end, the project unit may not be cost-effective (think) it is not suitable, or the supporting site selection may feel that there is a problem, and it will not be connected. Then the project will be completed in the end."

The daily economic news is comprehensive from Hengda’s announcement and the daily economic news (reporters: Zhu Chengxiang, Li Xing, Yang Yu)

Disclaimer:articleThe content is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk.

Flexible short wheelbase, higher playability, test drive of the Great Wall Cannon in the venue.

When it comes to pickup trucks, a few years ago, people always had the impression that they were tall and powerful, imagining American farmers driving and living a happy life in the garden. Just after the launch of the (picture | configuration | inquiry) series, its rich models fully meet the needs of commercial and professional players, and now it has become the representative of domestic high-end pickup trucks. We can drive it through the desert and mud, and its rich models are enough to meet multiple use scenarios. At this exhibition, the gun brought a brand-new model named "",and we soon had the opportunity to give it a try.

big gunLowest selling price: 91,800; highest price reduction: 0.85 million.

Picture parameter configuration inquiry reserve price

Know the car points3.69Know the car and measure itSpace, performance, etcCheyouquan61,000 riders are hot.Used car72,000 vehicles | 127 vehicles

The artillery is built on the platform of "",which adopts a single row short wheelbase design and can only have two drivers and passengers. Its length, width and height are 4963/1975/1950mm, its wheelbase is 2745mm, its approach angle is 34 degrees, and its departure angle is 26 degrees. The design of short wheelbase greatly improves the passability of the whole vehicle. And with nitrogen shock absorption, the minimum ground clearance is 249mm, and the maneuverability and flexibility of the whole vehicle have also been effectively improved.

The artillery uses the Bailuchi KO2 tire, which is an ALL-TERRAIN tire (commonly known as AT tire) that is very popular among off-road modification enthusiasts. At the same time, this car is equipped with off-road suits such as front winch and wading throat, which makes its off-road performance more outstanding.

At the same time, the gun also has great modification potential. It has reserved five modification interfaces, including roof spotlights, engine room maintenance lights, walkie-talkie reservation, cargo box lighting and power supply modification, and these modification positions have reserved electrical switches, which is more safe and convenient. At the same time, it also comes standard with a 2.5-ton trailer device.

The length, width and height of the container are 1760/1520/540mm, which has excellent loading capacity and also supports the modification of capping. Especially in the off-road vehicle team, it is really suitable to be a support car.

The interior design of the gun is very primitive, the instrument adopts traditional mechanical type, and the audio head also adopts traditional radio and MP3, and the storage compartment left under it can also be used for loading platform or upgrading the original large-screen navigation.

The seat is made of fabric, and the main and auxiliary drivers are manually adjusted. But for cross-country enthusiasts, it really doesn’t matter.

In terms of power, the gun uses a 2.0T engine, with a maximum power of 218 HP and a peak torque of 380N·m, which matches the part-time 4wd of Borgwarner and the electronically controlled differential lock of the front and rear axles, with outstanding off-road performance.

The four-wheel drive mode knob of artillery includes three types: two-wheel drive, low-speed four-wheel drive and high-speed four-wheel drive, and it has three locks and an ultra-short wheelbase, which is more suitable for sand, snow, mud and narrow jungle roads. Driving modes include seven all-terrain driving modes: economy/standard/sport/snow/mud/sand /4L.

In the process of our test drive, the short body of the gun, coupled with the blessing of AT tires, is not only very calm in the face of steep slopes, but also does not have to worry about being in the air like a "balance" at the top of the slope.

In the process of jungle shuttle, it often passes through narrow corners, and the artillery becomes much more flexible in this process. In the process of our test drive, it is even more possible to leave the off-road guns with double typesetting far behind.

It is also very simple to pass through the side slope, basically determining the direction, and the rest can be controlled by the throttle. However, this kind of working condition is relatively the advantage of long wheelbase, which can bring better stability, and the body is more stable when going uphill or downhill sideways, and it is not easy to roll over. However, the difficulty in our cross-country venue is far from being achieved.

The test drive site is also a muddy section that has just rained, and this set of Bailuchi K02 tires also shows excellent grip. The four-wheel drive system can intervene quickly when the wheels slip. In the face of this road section, it is almost effortless, and there is almost no idling of the tires. The overall performance is excellent.

big gunLowest selling price: 91,800; highest price reduction: 0.85 million.

Picture parameter configuration inquiry reserve price

Know the car points3.69Know the car and measure itSpace, performance, etcCheyouquan61,000 riders are hot.Used car72,000 vehicles | 127 vehicles

Summary: Gun, as a vehicle series, was also shown at the test drive meeting, which means that a motorcycle can be loaded in the container, and it supports automatic lifting and loading and unloading functions, which greatly improves the convenience. As far as guns are concerned, the off-road guns, brigade guns and electric guns derived from them are unexpected and impossible. Therefore, at present, guns can achieve monthly sales of over 10,000 yuan, and the whole pickup series has achieved the first sales in export, which has become a matter of course. In short, in addition to SUVs, pickup trucks are no longer limited to the "tool" attribute, but really provide a platform with high playability for enthusiasts. How to change it is up to you.

Ele.me launches "Barrier-Free Festival" for visually impaired users: free shopping does not close, and care does not stop

  Recently, a news about the "Barrier-Free Day" has caused heated discussions on the Internet, and many netizens have asked: What is the "Barrier-Free Day"? The reporter learned that Ele.me recently announced that August 7 will be designated as the "Barrier-Free Day", and will send benefits to visually impaired users every year from this year.

  On the day of the free-order festival, the platform offers free-order for visually impaired users: no need to guess the answer, no need to grab time, and no total quota. The first catering order of the day can be free of charge for up to 39 yuan. This is also the second consecutive year that Ele.me has launched a special free-order event for visually impaired users.

  The sense of participation of minorities, that is, the responsibility of marketing activities

  According to the data released by the China Disabled Persons’ Federation, the total number of disabled people in our country has exceeded 85 million. The number is huge, but they are rarely seen – because they rarely go out. Because of this, the issue of disabled people has always been a hot topic of attention from all walks of life in the country and society.

  According to data, more than half of visually impaired people choose to order takeout to solve their daily diet, and more than 70% of visually impaired users use Ele.me. The large visually impaired group relies heavily on takeout apps, so Ele.me has always paid great attention to the experience of visually impaired users, gained insight into the needs of the disabled group, and carried out many benefits and activities for visually impaired users to send warmth to everyone.

Ele.me launches "Barrier-Free Festival" for visually impaired users: free shopping is not closed, care is not stopped _fororder_ picture 4

  Barrier-free environment is an important basic condition for facilitating the full participation of special groups such as the disabled, the sick, the elderly, and the young in social life. At the same time, it is also a key factor in improving the quality of life and service level in urban environments.

  "Will there be free Ele.me this year? There was one last year, and now it’s almost that time again." A user named "Star Magic" posted a question on the Zhidu forum, an online community for the visually impaired. Their discussion has been followed by Ele.me.

  According to the relevant person in charge of Ele.me, this year’s free-order rules are similar to those of last year. Since Ele.me cannot directly identify visually impaired users, users who have opened the Ele.me App using screen-reading software between July 5 and August 5 (this is the operation of visually impaired people using mobile phones) will automatically enjoy free-order eligibility.

  Zhao Zhiguo, spokesperson for the Ministry of Industry and Information Technology, recently mentioned that we will continue to promote the results of information accessibility construction and guide 1,735 mainstream commonly used websites and mobile apps to complete the senior-friendly transformation. The implementation of a series of relevant policies and regulations has provided a strong guarantee for the construction of a barrier-free environment in our country, helping all sectors of society to actively participate in the construction of a barrier-free environment and improve the well-being of the people with disabilities.

  The benefits are not closed, and the care is not stopped. "Last year’s free-order activity for visually impaired users received a very enthusiastic response. Recently, we also saw some netizens concerned about the situation this year in the forum for visually impaired people." The original intention of the free-order activity is to make more people happy, and we will not forget visually impaired users this year, and plan to stick to it every year. "

Ele.me launches "Barrier-Free Festival" for visually impaired users: free shopping is not closed, care is not stopped _fororder_ picture 5

  Welfare is one aspect, and more importantly, visually impaired people believe that they are cared for and valued, which is the reason why they are happier.

  In recent years, our country has continued to introduce relevant policies to promote the construction of barrier-free facilities and services. On June 28, at the third meeting of the Standing Committee of the 14th National People’s Congress, the Barrier-free Environment Construction Law was officially voted and will come into effect on September 1, 2023, providing a strong legal guarantee for the construction of barrier-free environment in our country.

  From a business perspective, due to the small user base, most companies rarely launch targeted product launches and activities for visually impaired people, making it difficult to customize activities that suit their experience.

  Therefore, in some large-scale marketing activities, under the conditions permitted by the platform or enterprise capabilities, it is a useful exploration to integrate activities that are more convenient for visually impaired users to participate in. When more and more enterprises join, they can enhance the consensus of disadvantaged groups in social care.

  As some netizens said in a message, the social treatment of minorities is a silhouette of the degree of civilization in a society. To pay attention to them is to pay attention to everyone, because anyone may become a minority.

  From helping popular science to supporting merchants, the sense of social responsibility of "playing" free of charge

  In fact, although giving benefits is a public welfare activity, it hides the attribute of "popular science" behind it. Since the main activity of free shopping is "guessing the answer and free shopping", Ele.me invited many professional institutions, experts and scholars to pose questions, and developed it into a large-scale popular science platform with the help of the traffic of the event itself.

  For example, on July 20, "China Aerospace News" was invited to publish a popular science project about China’s lunar exploration project, and Shanghai Fire Protection also published a popular science topic about the "trivia" that cannot be placed in the home at will, which is easy to cause fires.

Ele.me launches "Barrier-Free Festival" for visually impaired users: free shopping is not closed, care is not stopped _fororder_ picture 6

Aerospace experts pose a popular science question about China’s moon landing plan

  There are also institutions such as Qingdao Anti-Fraud Center, Jinan Ecological Environment Bureau, and China Packaging Federation, which have been invited to provide happy popular science for netizens in the form of questions. The fields are diverse enough, the content is practical enough, and the interaction is interesting enough, so that the participants can sow the seeds of knowledge and curiosity in an unconsciously happy atmosphere.

  This type of activity exploration has given special groups a sense of inclusive participation, allowing platform companies to root their business development in social needs. This has undoubtedly opened up avenues for other platforms and brands, providing an excellent reference sample.

  At the same time, free shopping also effectively promotes consumption and drives the growth of merchant orders. Last year’s free shopping activities led to the recovery of orders from a large number of merchants in Shanghai, Changsha and other places. This year, Ele.me invited the Jinzhou Municipal Bureau of Commerce to issue a question to promote Jinzhou BBQ. The topic of Weibo #Jinzhou is the ceiling of the barbecue industry #boarded the hot search, and the reading volume exceeded 110 million that day.

Ele.me launches "Barrier-Free Festival" for visually impaired users: free shopping does not close, care does not stop _fororder_ picture 7

  Compared with last year, the number of merchants benefiting from free orders this year has increased significantly. The latest disclosure data of Ele.me shows that since the opening of the free order activity on June 21, the participating merchants have exceeded 1.50 million, which is 2.5 times more than last year’s 600,000.

  The inspiration of free-order public welfare: looking forward to many parties working together to "create festivals"

  In addition to targeting visually impaired groups, Ele.me also collaborates with merchants to provide benefits to outdoor workers in many places through free-of-charge activities. For example, starting from July 15, Ele.me started a series of cool-off activities in Guangzhou, going to the construction site of Guangzhou Metro Fangbai Intercity Rail Project in Baiyunrenhe to distribute free cold drinks to subway workers who are struggling on the front line. At the same time, Ele.me also set up "cool stations" in many places in Guangzhou, distributing 10,000 free ice drinks for outdoor workers to receive for free; in order to allow workers to survive the hot and hot summer season, on July 23, Ele.me and Zhengzhou Federation of Trade Unions sent hundreds of watermelons weighing about 1,000 kilograms to outdoor workers to relieve the heat and so on at the Huaibei Community Love Station of Huaihe Road Street Office, Erqi District.

  In fact, the free-order form has a certain appeal to any consumer. It allows consumers to intuitively see the discounts and profits on real money, and there are no extra routines, so it is a success for brands. And if you want to achieve long-term benefits through the free-order economy, you must also focus on higher social value dimensions. The plan given by Ele.me is to combine its own business conduct with social responsibility, and drive merchants to invest in it, laying a solid foundation for the long-term sustainability of its model.

  As a platform enterprise in the field of local instant e-commerce, Ele.me pays attention to the product experience and well-being of visually impaired people. It can be seen that it has always rooted its business value in social needs, and has therefore harvested good social feedback and market data. Sorting through media reports in recent years, it can be seen that Ele.me is not a whim to create a festival for visually impaired users. In March 2023, Ele.me App was awarded the first batch of excellent cases of Internet application senior-friendly and barrier-free transformation. In addition, Ele.me continues to realize the dreams of visually impaired users by supporting blind school teams and holding blind e-sports competitions.

  Making benefits for visually impaired users fixed as a festival not only allows more visually impaired people to be seen, but also expresses Ele.me’s firm determination to appeal for the rights and interests of visually impaired people. This can not only drive more brands to participate, but also play a demonstration role in society and build a broader consensus. Perhaps we can imagine that there will be a large number of brands in the future to create a lifestyle consumption festival for visually impaired people.

  Ele.me said that only when the government, platforms, merchants and other parties work together can the value of the festival be maximized and a sustainable state of long-term development be formed. Ele.me will continue to work with all partners in the ecological chain to make more visually impaired people visible and valued through technological innovation, unique business gameplay and other forms.

  Reporter | Han Donglin

  Intern reporter | Tian Mi

Can’t buy it at all! Nearly 200 million shares on the ST Daji daily limit are queuing up to buy, and the concept of supply and marketing cooperatives is on fire

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K Figure 000564_0

  In early trading today, class A shares continued to fluctuate and adjust, and the transactions of the two cities showed a trend of further shrinking, indicating a strong wait-and-see atmosphere in the market.

  On the disk, supply and marketing cooperatives, Huawei Hongmeng, ST, controllable nuclear fusion and other plates are leading the way, PEEK materials,Electrical equipment, winemaking, and other sectors led the decline.

  Contrary to the trend

  Stocks bucked the trend and opened higher in the morning, with the sector index rising by more than 3% at one point, and the half-day transaction exceeded yesterday’s full-day transaction.,Wait for multiple straight lines to pull the daily limit;Boundless one-word daily limit, and there are up to nearly 200 million shares on the daily limit waiting in line.

  A few days ago, the Ministry of Transport, MIIT, the Ministry of Agriculture and Rural Affairs, and the All-China Federation of Supply and Marketing Cooperatives jointly issued the "Guiding Opinions on Accelerating the Integrated Development of Rural Passenger and Freight Mail" to further promote the integrated development of rural passenger transportation, freight logistics, and postal express delivery, so as to better meet the needs of rural people for travel, freight logistics, and delivery services.

  The most typical role of supply and marketing cooperatives is to provide a distribution channel for the crops produced by farmers. In this process, supply and marketing cooperatives participate in the whole process of crops from production to processing, cold chain storage, and circulation to urban wholesale and retail markets. The goods sold by supply and marketing cooperatives include crops, agricultural materials, and at the same time, they also provide a series of services such as waste recycling, financial leasing, catering and accommodation. Therefore, supply and marketing cooperatives involve many industries. These industries are mainly industries that revolve around rural economic development and are strongly related to agriculture.

  The All-China Supply and Marketing Cooperative has said that by 2025, the whole system will build an agricultural socialization service system from top to bottom, the land trust area will reach 150 million mu, the scale of agricultural socialization services in each link will reach 300 million mu, and the service will drive small farmers to 50 million households or more.

  According to the China Research Institute of Industry’s "2023-2028 China’s supply and marketing cooperatives industry development status analysis and investment strategic planning consultation report" data, the modern distribution service network of supply and marketing cooperatives has been continuously improved. At present, the supply of chemical fertilizers accounts for 70% of the social fertilizer consumption, undertakes 70% of the national light storage task, and the recycling of renewable resources accounts for nearly 50% of the whole society. It has initially formed a connection between the origin and the consumption end pointThe market network plays an active role in ensuring the supply of "vegetable baskets", smoothing the domestic circulation, and promoting domestic demand.

  Said that supply and marketing cooperatives, as one of the important distribution channels in rural areas of our country, can provide relatively flat sales channels for agricultural products, thereby reducing the cost of farmers to purchase agricultural materials. In addition, the participation of supply and marketing cooperatives in the agricultural materials sales link is also conducive to the integration of agricultural materials enterprises in our country, thereby driving the industry concentration. Enterprises that belong to the supply and marketing cooperative system or can cut into the agricultural materials sales system of supply and marketing cooperatives are expected to benefit.

  "Pure Blood Hongmeng" is coming soon

  HuaweiThe volume rose, and the plate index rose by more than 2% during the session. The half-day transaction was close to yesterday’s full-day transaction.After opening slightly lower, it rose sharply, rising by the 20% daily limit in only about 15 minutes, and the stock price hit a new high in more than 3 months;Then it rose by the limit of 5 on the 6th, setting a new record high.,,Also strong sealing plate.

picture

  According to the news, Huawei will hold an important event on January 18. Previously, Yu Chengdong revealed that the new HarmonyOS NEXT developer preview will be open to all developers in Quarter 1 this year. Therefore, the market generally anticipates that HarmonyOS NEXT will be officially announced at this event.

  In his 2024 New Year’s letter, Yu Chengdong proposed to open a new decade of Huawei’s end point future development. He specifically mentioned that to build a strong Hongmeng ecosystem in the future, 2024 is a key year for the original Hongmeng, and will accelerate the development of various Hongmeng native applications.

  In his New Year’s speech, Hu Houqian, chairperson of Huawei, also revealed that Huawei is expected to achieve sales revenue of more than 700 billion yuan in 2023, end point business is higher than expected, and the competitiveness of smart car solutions has been significantly improved.

  HarmonyOS NEXT is known as the "pure blood version" Hongmeng system, which will remove the Linux kernel and AOSP code, and completely use the Hongmeng kernel and Hongmeng code. This means that HarmonyOS NEXT will no longer provide Android system compatibility, and APK installation files cannot be opened in the new version of the system.

  Research firm TechInsights recently released its latest forecast for Android and Android in 2024iOS will continue to maintain its global dominance, but its share in the Chinese market will be cannibalized by Huawei Harmony OS. From 2024, Harmony OS will become the second largest smartphone operating system in the Chinese market.

  IDC data also shows that as of November 2023, Huawei’s mobile phone market share in the domestic mobile phone market reached 14%. IDC forecasts that in 2026 ChinaThe number of devices connected reached 10.25 billion, and it is conservatively estimated that Huawei’s OpenHarmony + HarmonyOS market share will reach 16% in 2026.

  It is believed that Hongmeng C-end is expected to be fully rolled out, and "pure blood Hongmeng" PCs and mobile phones are expected to be released. Mobile end, Huawei has fully cooperated with partners and developers in 18 fields to fully promote the development of Hongmeng native applications. PC end, if Hongmeng PC has a new product release, it will initially be oriented towards government affairs,And other related industries are expected to increase their volume.

Nongfu Spring enters the high-end water market, glass bottle water costs 35 yuan

  According to the Voice of China’s "News Evening Peak" report, recently, Nongfu Spring’s 2015 new product launch conference was held in Changbai Mountain. Chairperson Zhong Shansui made an appearance with 3 new products and announced that he officially entered the high-end water market. The 3 new products are: glass bottles of high-end mineral water, natural drinking water (suitable for infants and young children), and natural mineral water for students. It is expected to meet consumers before the Spring Festival.

  Zhong said that the Moya spring in Changbai Mountain is a low-sodium light mineral spring, which is more suitable for Chinese people to drink for a long time than ordinary mineral water. In addition to repeatedly emphasizing the rarity of low-sodium light mineral springs, Zhong also gave examples: water that meets such conditions is usually used to produce the highest-end water, such as natural rock water in Norway, glacier mineral water in Canada, and volcanic mineral water in Italy.

  According to reports, the price of glass bottles of high-end mineral water is about 35 yuan to 45 yuan/bottle, 1 liter of infant drinking water is about 10 yuan/bottle, and student mineral water is about 4 yuan per bottle. I think that the small partners who buy glass bottles of high-end mineral water are not drinking water, but willful…

  Also, a farmer who is unwilling to be "mediocre" sells a bottle of water for 45 yuan, Hengda Bingquan, can you bear it?

Because of 18.87 million, Wanda Real Estate has become a "dishonest person"!

  After a lapse of three months, Wanda Real Estate Group has become a "dishonest person" again.

  Recently, according to the China Enforcement Information Disclosure Network, Wanda Real Estate Group Co., Ltd., Heyuan Yuhai Real Estate Development Co., Ltd., and Heyuan Fuxin Construction Co., Ltd., refused to perform the obligation to determine the effective legal documents due to their ability to perform, and were listed as dishonest persons subject to enforcement by the Shanghai Second Intermediate People’s Court (hereinafter referred to as "dishonest persons"), involving a domestic non-foreign-related arbitration award. Not long ago, due to the arbitration case, the above companies have been forcibly executed for more than 18.87 million yuan.

  It is worth mentioning that in April this year, Wanda Real Estate Group and other non-foreign-related arbitration awards have been listed as dishonest persons subject to enforcement once.

  Dalian Wanda Group is in constant trouble. In addition to Wanda Real Estate, Wanda’s commercial management-related equity has also been frozen recently.

  Due to 18.87 million, Wanda Real Estate has once again become a "dishonest person"

  Tianyancha shows that recently, Wanda Real Estate Group Co., Ltd. (referred to as "Wanda Real Estate") and its Heyuan Yuhai Real Estate Development Co., Ltd. and Heyuan Fuxin Construction Co., Ltd. added a new information on the person subject to execution, and the execution target 18.87 million Yu Yuan, which was listed as a dishonest person subject to execution by the Shanghai Second Intermediate People’s Court.

  Tianyancha App shows that Wanda Real Estate was established in February 2018 with a registered capital of about 4.05 billion yuan, and the legal representative is Qu Xiaodong, jointly held by Shenzhen Dixun Industrial Co., Ltd. and Futai (Hong Kong) Investment Co., Ltd. with a shareholding ratio of 98.7% and 1.3% respectively. Shenzhen Dixun Industrial Co., Ltd. is 100% owned by Wanda general merchandise. The predecessor of Wanda general merchandise group was registered in Hong Kong by Wang Jianlin in the early years. Dixun investment.

  It is worth mentioning that Wanda Real Estate in April due to non-fulfillment of 245 million has been listed as a dishonest person to be executed once, and was restricted from high consumption.

  According to the data, on April 4 this year, due to the application of the applicant China Fuxing Co., Ltd., the court officially filed the case, mainly because Wanda Real Estate failed to perform the payment obligations determined by the effective legal documents within the period specified in the notice of execution in the domestic arbitration award case. Subsequently, Wanda Real Estate Group, Heyuan Fuxin Construction Co., Ltd., and Heyuan Yuhai Real Estate Development Co., Ltd. became the executors.

  It is understood that the reason why Wanda Real Estate became a "dishonest person" was due to the real estate project planted in Heyuan, Guangdong, which was sued by its former partners. In April this year, the court listed as the person subject to execution, in addition to Wanda Real Estate, also includes Heyuan Yuhai Real Estate Development Co., Ltd. and Heyuan Fuhai Real Estate Development Co., Ltd. are 100% owned by Wanda Real Estate. Among them, Heyuan Yuhai Real Estate Development Co., Ltd. is Heyuan Yuhai Real Estate Development Co., Ltd. and China Fuxing Co., Ltd. hold 90% and 10% respectively. This time Wanda Real Estate is sued by China Fuxing Co., Ltd.

  On July 24, the Shanghai Second Intermediate People’s Court issued a consumption restriction order showing that the court filed a case on July 12, and the enforcement applicant was still China Fortune Star Co., Ltd., applying for the enforcement of Wanda Real Estate’s domestic non-foreign-related arbitration award. In the case of arbitration, the court issued a consumption restriction order because Wanda Real Estate failed to fulfill the payment obligations determined by the effective legal documents within the period specified in the execution notice.

  As of now, Tianyancha shows that Wanda Real Estate has multiple information on the person being executed, and the cumulative execution is about 265 million yuan.

  Wanda’s commercial management stake has also been frozen

  Tianyancha App shows that recently, Zhuhai Wanda Commercial Management Group joint stock company (referred to as "Wanda Commercial Management") added two equity freezing information, the executor is Dalian Wanda Commercial Management Group joint stock company, the amount of frozen equity is 5.072 billion and 100 million, Zhuhai Wanda Commercial Management is the main body of Wanda Hong Kong IPO, and Dalian Wanda Commercial Management is the largest shareholder of Zhuhai Wanda Commercial Management.

  According to public information, the above freezing period is from July 4, 2023 to July 3, 2026, and from July 5, 2023 to July 4, 2026, respectively. The enforcement courts are the Zhanjiang City Intermediate People’s Court of Guangdong Province and the Dezhou City Intermediate People’s Court of Shandong Province.

  It is worth mentioning that Zhuhai Wanda Commercial Management has submitted its IPO application to the Hong Kong Stock Exchange for the fourth time. Previously, in October 2021, April 2022 and October 2022, Zhuhai Wanda Commercial Management submitted listing application materials to the Hong Kong Stock Exchange three times, but ultimately failed to list.

  On July 20, Wanda Commercial Management announced that in terms of ratings, on July 18, China Chengxin International decided to maintain the credit rating of Wanda Commercial Management’s main body and related debt as AAA, and adjusted its main body and related debt outlook from stable to included in the credit rating watch list. The previous rating outlook was stable.

  In terms of overseas ratings, as of July 20, Fitch downgraded its long-term foreign currency issuer default rating to B, maintaining a negative outlook. Moody’s downgraded its long-term foreign currency issuer default rating to Caa1, maintaining a negative outlook; Standard & Poor’s downgraded its long-term issuer credit rating to CCC, maintaining a negative outlook.

  The reasons for the adjustment of the above rating agencies are mainly due to the fact that the refinancing channels of Wanda Commercial Management’s open market have not been restored, the continuous net repayment of maturing debts, the listing progress of its subsidiary Zhuhai Commercial Management is less than expected, and some of the equity held has been frozen, etc. Liquidity pressure has increased.

After three years of listing, the cumulative sales volume exceeded 200,000 units, and the Lynk & Co 06 family’s Chinese New Year car purchase benefits were in place

  Positioning "the first good car in the eyes of young people", Lynk & Co 06 has always maintained excellent sales performance in the market segment with its leading technical strength, excellent product strength and good consumer reputation in the past three years. Since its launch in 2020, the Lynk & Co 06 family has sold more than 200,000 units, making it the best choice for Generation Z young consumers.

Listed three years cumulative sales exceeded 200,000 sets, Lynk & Co 06 family Spring Festival car purchase benefits have been in place _fororder_image001

Lynk & Co 06 Family: 06 Remix and 06 EMP

  In November last year, the 06 family hybrid iteration model Lynk & Co 06EM-P was officially launched. As the only plug-in hybrid SUV in the market segment, it was recognized by consumers and the market in a short period of time. At the same time, the fuel model 06Remix continued to be sold and always maintained a hot-selling trend. With the support of the dual-model strategy, the 06 family adhered to the Lynk & Co brand’s strategic transformation to electricity and new, and continued to lock in the leading position in the compact SUV market segment.

  The proportion of new energy has risen, and the overall sales of 06 families have increased strongly

  In 2023, the Lynk & Co 06 family achieved outstanding annual sales of 70,226 units, a strong increase of 47% compared to 2022, demonstrating the layout of oil and electricity products composed of 06EM-P and 06Remix. The listing of 06EM-P also promoted the 06 family’s new energy sales share to further increase. The overall sales share of more than 80% of the top version also proves that the high value of Lynk & Co 06 products is deeply rooted in the hearts of the people.

  Since its launch, Lynk & Co 06 has always been positioned as a young consumer group, providing more choices for Generation Z consumers’ pleasant travel. At present, among the consumers of the 06 family, the young group under the age of 30 is still the main consumer group, fully demonstrating the strong appeal of Lynk & Co 06 in the hearts of young consumers.

Listed three years cumulative sales exceeded 200,000 sets, Lynk & Co 06 family Spring Festival car purchase benefits have been in place _fororder_image002

Lynk & Co 06EM-P top version sales have accounted for more than 80%

  Multi-domain resonance 06 family explains the true strength of hardcore products

  The 06 family has been selling well for many years and has become a hit. It relies on clear product positioning, precise marketing strategies and outstanding product strength. Among them, far superior product experience has always been the secret of the 06 family to maintain its C position. The new member of the 06 family, the iterative version of the hybrid model 06EM-P, interprets the hard-core product power in terms of appearance, interior, performance, intelligence, safety and other aspects, giving Generation Z’s young consumer groups more uncompromising reasons when buying a car.

Listed three years cumulative sales exceeded 200,000 sets, Lynk & Co 06 family Spring Festival car purchase benefits have been in place _fororder_image003

Lynk & Co 06EM-P launched in November 2023

  Positioned as "New Urban Functional Ultra-Electric SUV", the Lynk & Co 06EM-P adopts the new second-generation design language of Lynk & Co in appearance, and provides five trendy color schemes and three interior styles. The original soufflé seat provides a dense riding experience, the soft sunglasses sun visor is ingenious, the 38 storage designs of the whole car are designed to achieve extreme storage, 50W wireless air-cooled fast charging, and the 20.35 ° tilt design can be used with charging, creating a sense of travel happiness.

  Lynk & Co 06EM-P is equipped with a super range extension electric solution, which combines high performance and high economy. The 100-kilometer acceleration is 5.9s, and it is the only member of the "5s club" of the current single-motor front-drive hybrid SUV. It has CLTC 126km pure electric battery life and CLTC 1280km comprehensive battery life. The 100-kilometer comprehensive fuel consumption is 1.11L, the feed fuel consumption is 4.98L. The equipped 19.09kW · h battery pack supports 32kW DC fast charging, and the commute is long and worry-free.

  In addition, the 06EM-P smart cockpit has a 14.6-inch high definition floating central control screen, equipped with China’s first self-developed car-grade 7-nanometer mass-produced super chip "Eagle One", equipped with the leading 16G super storage and 128G memory, the operation is smoother, and the car machine is smoother. In addition to rich configuration, it can also meet Karaoke mode, e-sports space, nap scene, pet travel and outdoor camping, creating a full-scene and immersive "third space" for users.

Listed three years cumulative sales exceeded 200,000 sets, Lynk & Co 06 family Spring Festival car purchase benefits have been in place _fororder_image004

Create a leading smart cockpit of the same level, and Lynk & Co 06EM-P has an outstanding experience

  Multi-circle cross-border linkage 06 family is more than just cars

  While impressing users with its continuously evolving product power, the 06 family adheres to the brand concept of "more than just cars", and comprehensively deploys marketing actions in the fields of beauty and e-sports that Generation Z consumers love, creating a more trendy car-owning life for Generation Z.

  Focusing on "her marketing", it aims to bring more surprises to more than half of the female car owners of the 06 family. Lynk & Co 06 cooperated with multiple top luxury beauty brands throughout the year, continued to iterate a number of "powder has power" gift boxes as exclusive car pickup gifts, and successively linked high-luxury beauty and fragrance brands to launch six generations of "small powder boxes". In addition, 06 also joined hands with Meitu Xiuxiu to carry out cross-border cooperation with the theme of "Spring Adventure, Strength Circle Powder", and cooperated with dealers across the country to hold a "Pink Adventure Season" user test drive activity. While experiencing the comfortable driving experience of 06, it led users to feel the beauty of spring.

Listed three years cumulative sales exceeded 200,000 sets, Lynk & Co 06 family Spring Festival car purchase benefits have been in place _fororder_image005

"Small compact" adds more color to the car life of Lynk & Co 06 owners

  At the same time, Lynk & Co 06 continues to deepen its efforts in the field of e-sports. As a sponsor partner of LNG Li Ning e-sports club for three consecutive years, Lynk & Co 06 continued to make efforts in the e-sports arena of Hangzhou Asian Games, and cooperated with Weibo to help "China e-sports 06 to fly", further linking the e-sports core and 06 attitude, and using this to reach more young client bases across the circle.

Listed three years cumulative sales exceeded 200,000 sets, Lynk & Co 06 family Spring Festival car purchase benefits have been in place _fororder_image006

Lynk & Co 06 helps "China E-sports 06 to fly" during the Hangzhou Asian Games

  At the end of 2023, Lynk & Co 06EM-P, as a "super electric induction travel companion", achieved a surprise cross-border with the New Year’s Day box office champion movie "Twinkle, Twinkle, Shine", and joined the young actor "Zhang Jianing" to become a representative of 06Shero as a brand friend, strengthening the youthful trend of the 06 brand, and also deepening the "Shero" attitude.

Listed three years cumulative sales exceeded 200,000 sets, Lynk & Co 06 family Spring Festival car purchase benefits have been in place _fororder_image007

Zhang Jianing became a close friend of the 06 family brand

  Product marketing is given equal attention, and user benefits are pulled over 06 families to distribute surprise rights and interests for Chinese New Year car purchases

  Relying on the dual product lines of 06EM-P and 06Remix, the Lynk & Co 06 family provides high-quality products for consumers with different needs, comprehensively enhancing the user’s car experience in terms of intelligence, performance, comfort, etc. At the same time, it focuses on the preferences of core consumer groups, and interacts in multiple fields. This allows the 06 family to gradually take root in the hearts of Generation Z young people, providing a new solution for the pleasant travel of Generation Z young people.

  The Spring Festival is approaching, in order to let young consumers feel more holiday benefits when they are reunited with their families, the 06 family has prepared multiple car purchase benefits for consumers: currently, you can enjoy a limited-time exclusive gift of 4,000 yuan when you place an order for all 06EM-P models. As of February 9, you can also participate in the collection of a limited-time red envelope of up to 2,888 yuan for the Lynk & Co EM-P family. The next order of 06Remix models can enjoy a limited-time car purchase gift worth 8,000 yuan for fuel vehicle purchase coupons. In addition, more rights and interests, including random matching gifts, new financial gifts, and worry-free car gifts, will also be given according to different models.

  Outstanding product strength, eye-catching marketing activities, and car purchase benefits. In 2024, the 06 family will continue to make efforts to create more outstanding products and surprises based on young consumer groups, and constantly innovate lifestyles. I believe it will continue to be Generation Z. The best choice for young people to travel, trend life, express their individuality, and pursue their dreams. (Source: Lynk & Co Auto)

11.86-17 1,800 new Lynk & Co 06 officially launched

  [Autohome new car launch] On September 8, the new model (|) was officially launched. The new car was named Lynk & Co 06 Remix, and it still offered a fuel version and a plug-in hybrid version.The price is 11.86-17 1,800 yuanThe new car has been upgraded in terms of appearance design and car system, and the fuel version has been replaced with a four-cylinder engine. In addition, the new intelligent voice housekeeper "Hicks" was also released at the press conference, which supports 62 multi-scene intelligent language controls and 6 kinds of sounds. At the same time, the second-generation smart car control watch was also officially released.

Autohome

Autohome

The new Lynk & Co 06/Lynk & Co 06 PHEV price guide Model Selling price (10,000 yuan) 1.5T Plus 11.86 1.5T Strength Pro 12.86 1.5T Power Halo 13.86 1.5T Halo 13.86 1.5T Heroes 13.98 1.5T Shero 13.98 PHEV Pro 16.68 PHEV Hero 17.18 PHEV Shero 17.18

Autohome

Autohome

Autohome

Autohome

Autohome

  In addition, the purchase of a car can also enjoy triple rights, including 3,000 yuan to receive a gold, 4,000 yuan replacement subsidy, 3,000 yuan additional purchase subsidy, lifetime free quality assurance, free road assistance and free data traffic, etc. Users who buy Hero/Shero models can also enjoy exclusive gift boxes, and users who buy PHEV models can enjoy free basic installation of charging piles, 160 yuan smart watch voucher and 260 yuan home discharge gun voucher.


New car features:

Lynk & Co 06 2023 Remix 1.5T Hero

Lynk & Co 06 2023 Remix 1.5T Hero

Lynk & Co 06 2023 Remix 1.5T Hero

Lynk & Co 06 2023 Remix 1.5T Hero

  The styling details of the new Lynk & Co 06 have changed. The biggest adjustment to the front face is the internal structure of the upper and lower grilles. The upper grille of the new car is decorated with 12 sets of three-piece blade trims, while the lower grille is decorated with 19 straight waterfall fins. In the C-pillar part, the car also added a pulse ray style decorative line. It is worth mentioning that the Hero model will also use exclusive green paint, which is more unique. The Shero version continues to use the pink and purple contrasting design. The details are added to the wildberry purple highlight trim and use the wildberry purple contrasting rim. For other versions, blue-orange, gray-orange, gray, white, light blue and other color schemes will also be available.

Lynk & Co 06 2023 Remix 1.5T Hero

Lynk & Co 06 2023 Remix 1.5T Hero

  In the car, the overall design of the new car has not changed, but the central control screen has been upgraded to 12.3 inches. Some models, such as Hero and Jin Halo, will use integrated sports seats with racing yellow piping and stitching, which is more sporty. The Shero version will use a color-matching interior with purple stitching and piping, which is more attractive to female consumers.

Lynk & Co 06 2023 Remix 1.5T Hero

  The new 12.3-inch central control screen integrates the Co lynk intelligent interconnection system, the storage + memory is upgraded to 6G + 64G, and the boot speed is increased by 40%. At the same time, it has ecological entertainment systems such as Tencent Accompanying and Volcano Car Entertainment, including popular applications such as car WeChat, Bilibili, Autonavi navigation, and Douyin.

  In terms of driver assistance systems, the official said that the car will provide 21 driver assistance systems (but not all standard), including intelligent pilot assistance systems, remote parking, automatic parking assistance, panoramic imaging (including chassis perspective), etc., as well as the new TBA tracking reversing assistance system.

Lynk & Co 06 2023 Remix 1.5T Hero

  The upgrade of the power part will be the most concerned, and the fuel version will be replaced with a four-cylinder engine. It is equipped with a 1.5T four-cylinder engine with a maximum power of 181 horsepower and a peak torque of 290 Nm. It is matched with a 7-speed wet dual-clutch transmission.

  The plug-in hybrid version is still equipped with the plug-in hybrid system composed of the previous 1.5T three-cylinder engine. Its maximum engine power is 177 horsepower, peak torque is 255 Nm, and the maximum power of the power system is 190kW (258 horsepower). Its NEDC pure electric range is 84km.

Competitive models:

Dongfeng Honda, Honda XR-V 2023 1.5L CVT Boom Edition

"Honda XR-V"

  In the small SUV market at the price point of the Lynk & Co 06, it faces competitors mainly from overseas brands, including Honda XR-V/Bizhi, Volkswagen Tucai/Troupe, Nissan Kingke, Chevrolet Tron and other models. In contrast, the Lynk & Co 06 has a more youthful and personalized design, higher configuration and stronger powertrain. Of course, at this price point, there are also a variety of compact SUVs and even mid-sized SUVs from Chinese brands to choose from. At this time, you need to choose between bigger and more refined.

● Summary:

Autohome

  In an environment of "talking about three-color change", many manufacturers began to return to the four-cylinder power layout. On the occasion of the change of the Lynk & Co 06, in addition to the improvement of design and configuration, the main fuel version was replaced with a four-cylinder engine, which is of course good news for consumers who do not like three cylinders. And from the book data, the power output of 181 horsepower and 290 Nm is also higher. So, is the new Lynk & Co 06 your cup of tea? (Text/Autohome Chen Hao)