标签归档 西安桑拿

At the Chengdu Auto Show, which opened on August 26th, the Great Wall Gun brand made its debut in a large-scale high-performance luxury pickup truck, which was equipped with a 3.0T V6+9AT high-performance power combination, a luxurious cockpit and ever-changing expansion space. This car is the Great Wall Shanhai Gun. The front-line team of Niuche. com also took pictures of Shanhai cannons. Let’s have a look.

In terms of appearance, the outline of Shanhai Gun is almost the same as that of the current Great Wall Gun, and it is still tough and domineering, but some modifications have been made in details. For example, the new car uses a more complicated and beautiful chrome-plated and black two-color front net, and the headlight group also uses an upper and lower double-layer design, which is more layered and more exquisite.

The classic pickup truck shape is still used on the side, and the wide wheel eyebrows and large ground clearance seem to tell you that I am still the Great Wall Gun that can go up the mountain and down the river, full of momentum, and the lines on the side of the car are also straight lines on the upper and lower floors, which not only looks atmospheric, but also has a good sense of hierarchy. In terms of parameters, the length, width and height of the new car are 5440/1991/1924mm and the wheelbase is 3350mm, which is a little bigger than the ordinary version of the Great Wall Gun, and it also indicates more internal space. The rim also adopts a two-color design, which is more fashionable and conforms to the current aesthetics.

The headlights at the rear of the car also adopt an up-and-down split internal structure, which echoes the headlights. The rear tailgate can be unfolded left and right, can be opened horizontally, and can be split in four or six parts. The upper cover plate can also be folded up and down, making it more convenient to take things. However, due to the limited size of the car body, the size of the trunk is not very large. Fortunately, there is a large storage box under the bottom cover of the trunk, which is enough for daily driving or traveling. ‘

For enthusiasts, Shanhai Gun has also reserved a lot of anchor points in the rear trunk, which is convenient for modification according to actual needs. At the same time, the tail is equipped with a trailer hook and an optional winch, all of which have greatly improved its extreme off-road ability.

In terms of interior, Shanhai Gun is similar to Tank 500, using a small-sized LCD instrument and a suspended central control panel, which is practical, luxurious and scientific, and the three-position steering wheel is the same as the joystick of the spacecraft, which is classic and innovative.

At the same time, in creating a sense of luxury, the interior of the new car uses a lot of leather and soft material packages, and many solid wood decorative boards are added to the details, which are very eye-catching, domineering in appearance and exquisite in interior. It is the core index of Shanhai Gun.

Configuration, head-up display, quartz clock, brand audio, electric adjustable rear seat angle, heating and ventilation of front and rear seats are all available, which is quite surprising.

Finally:

Looking at luxury, sitting comfortably and driving wild seems to be the realm that Shanhai cannon wants to achieve. However, in this era, hard-core cross-country is paying attention to the comfort of transportation. It is also normal for Great Wall Gun to build such a large pickup truck with exquisiteness and luxury. Then let’s wait for its performance and see if you recognize this pickup truck with great personality.

　　The election of the leader of the British ruling Conservative Party will announce the voting results on September 5; According to the latest survey in party member, the current Foreign Minister Trass is 22 percentage points ahead of former Finance Minister Sunak and is expected to replace Johnson as Prime Minister.

　　According to Lianhe Zaobao, the survey released by Opinium Research13 on the 13th showed that among 450 Conservative Party party member who had decided to vote, Trass was far ahead with 61% support rate, while Sunak’s support rate was 39%.

　　The above survey was conducted between August 8 and 12. There are three main reasons why party member supports Trass: she doesn’t like Sunak, thinks she is more honest and credible, and she remains loyal to Johnson.

　　If the respondents who did not indicate their intention to vote were included, the total number of survey samples of Opinium Research reached 570. Less than one-third of them, or 29%, said they had already voted; Another 47% said they had decided who to vote for. Only 19% said they might still change their mind.

　　BEIJING, Dec. 14 (Xinhua)-Today, Heduo Technology held a press conference in Beijing, and released and displayed its self-developed intelligent parking service product HoloParking. This product is the first self-driving parking service product that supports all-weather and all-scene real operation, and can realize the whole process of unmanned parking and car pickup. Heduo Technology will join hands with partners to implement the "2020 Plan" and jointly promote the landing application of HoloParking. In addition, Heduo Technology also announced that the company has recently completed a round of tens of millions of dollars in financing.

　　Eliminating parking anxiety, HoloParking lets human drivers get rid of parking lots.

　　Heduo Technology focuses on building an autonomous driving scheme based on cutting-edge artificial intelligence technology and automobile industry technology, and is one of the few companies in the industry with full-stack autonomous driving research and development capabilities. According to Ni Kai, the founder of Heduo Technology, the original intention of the company was to realize the technology landing as soon as possible and let people enjoy the benefits of autonomous driving as soon as possible. HoloParking released this time applies L4 autopilot technology to parking scenes, aiming to completely liberate human beings from the chore of parking.

　　Different from the existing parking assistance function in the market, HoloParking doesn’t need the driver to drive the vehicle to the parking space, and the driver can get off at the gate of the parking lot, and the vehicle can find the parking space and park it by itself, without being watched. When picking up the car, the owner can also remotely start the HoloParking system, so that the vehicle can park itself and drive to the boarding place. In other words, the owner can complete the whole process of parking and picking up the car without entering the parking lot. Ni Kai believes that the value of this product lies in saving time and energy for car owners in all weather and all scenes.

　　The first parking service product that supports "all-weather", "full scene" and "real operation"

　　In fact, the parking scene is an application scene of autonomous driving technology that is widely concerned by the industry. At present, many automobile manufacturers, Tier 1 (first-class supplier) enterprises and autonomous driving companies are competing to develop solutions for this scene.

　　In Ni Kai’s view, compared with other parking service schemes, HoloParking’s advantage lies in its ability to support all-weather and all-scene real operation. No matter in the environment with serious light shortage, in the complex parking lot with mixed traffic and many emergencies, or in bad weather such as rain, snow, strong wind and dense fog, HoloParking’s system can operate normally, providing users with safe and stable parking service service.

　　Ni Kai believes that in order to achieve all-weather and all-scene real operation, parking service system must have three capabilities: intelligence, robustness and landing. Heduo Technology can achieve this function mainly due to HoloParking’s unique "three-in-one" technical scheme.

　　According to Ni Kai, the conventional thinking of the industry is to take the car as the only carrier to realize autonomous driving, but the pure car-end solution can not meet the three requirements of intelligence, robustness and landing at the same time. The practice of Heduo Technology is to introduce the field terminal and high-precision map terminal into HoloParking system, and form a set of "three-in-one" scheme together with the vehicle terminal. Through the coordinated operation of the three terminals, HoloParking is obviously more intelligent in perception, positioning and decision-making; Through sufficient redundancy, higher robustness can be achieved, and various complex working conditions, climates and unexpected situations can be properly dealt with. In addition, by empowering the field end, the sensor and calculation unit at the vehicle end completely meet the requirements of the vehicle regulations.

　　During the conference, HoloParking was dynamically displayed on the spot.

　　In the first round of display, the tester started HoloParking service with one button through the mobile APP 100 meters away from the open-air parking lot, and then the vehicle automatically drove to the parking lot. When the sudden appearance of pedestrians on the road is detected, the vehicle stops immediately, waits for the pedestrians to leave before moving on, and finally stops smoothly. When returning the car, the tester remotely started HoloParking through the App, and the vehicle was parked independently. When an obstacle car parked on the road was detected, it bypassed the obstacle car through secondary route planning and continued to drive, successfully reaching the boarding place.

　　The second round shows that HoloParking is equally intelligent and stable when multiple vehicles are running at the same time. Three different types of vehicles carrying HoloParking received parking instructions at the same time, two stopped and one picked up the car, all of which successfully completed the task. On the way to the vehicle, the nearby waterwheel began to water to simulate heavy rain. Under such conditions, the vehicle still successfully completed the whole process.

　　Wang zheng, vice president of Heduo Technology, pointed out that HoloParking has been able to effectively cope with all kinds of bad weather and emergencies, and support multiple vehicles to run at the same time, thus meeting the needs of actual landing operation, with high stability and safety.

　　The "2020 Plan" was announced for the first time, and parking service can be expected to land

　　While releasing HoloParking, Heduo Technology also disclosed the future landing plan of this product.

　　Ni Kai said that the commercialization process of HoloParking will start from important outlets and gradually realize large-scale operation. In this process, Heduo will work with commerce, automobile industry and capital to build parking service Alliance.

　　At the press conference, Heduo Technology announced its "2020 Plan" for the first time.

　　Starting from 2019, Heduo Technology will be the main technical participant, and cooperate with Shanghai Automobile City to carry out the "Last Mile" demonstration operation project, centering on the automobile innovation port, radiating Shanghai Automobile Museum and Shanghai Automobile Expo Park, and HoloParking will polish the technology in the continuous real operation.

　　By 2020, Heduo will support more than 20 cities, with at least 20 parking lots in each city. In order to achieve this goal, at the parking lot end, Heduo will cooperate with the smart parking enterprise "Parking Simple" to jointly complete the intelligent upgrade of the parking lot, so as to support the service of HoloParking in parking service.

　　In terms of sensors, Hedo has reached a strategic cooperation with Velodyne, the world’s leading laser radar supplier. As a strategic partner, Velodyne will provide Hedo with priority procurement rights and support Hedo’s wider deployment in the future. In the future, the two sides will work together to reduce costs. Heduo’s goal is to realize the cost of single parking space renovation of 2020 yuan.

　　Ni Kai said that all these plans can not be completed without the help of capital. Heduo Technology has recently completed tens of millions of dollars in Series A financing, led by sequoia capital china, followed by Oceanwide Investment, and NavInfo, IDG Capital and BAI (Bertelsmann Asia Investment Fund) continue to increase their holdings. Ni Kai said that this round of financing will be mainly used to increase investment in technology research and development, and accelerate the large-scale testing of HoloPilot, an expressway automatic driving scheme independently developed by Heduo, and the landing application of HoloParking, an automatic driving scheme in parking service.

Text | Xu Zhe

With the launch of the new Qin Pro today (September 21st), BYD’s Dragon Face family has further grown. As BYD’s fist product this year, Qin Pro, like the new generation of Tang, launched three power versions-fuel version, DM plug-in hybrid version and EV pure electric version.

In terms of selling price, the guiding price of fuel version is 79,800-115,800 yuan, the subsidized hybrid version is 149,900-176,900 yuan, and the subsidized pure electric vehicle is 169,900-189,900 yuan. In addition, models for developers were also released, including 176,900-206,900 yuan for the developer version of Qin Pro DM and 189,900-299,900 yuan for the developer version of Qin Pro EV500.

Continue the "dragon face" design

Before the design director Wolfgang Eiger joined us, BYD’s face value was really heart-rending. Now, the former Audi design director used his "Dragon Face" to end the rustic old face value and the world’s spit for BYD. The reason why he chose "Dragon" as the theme of the design language is precisely because in the vast historical process of thousands of years, the dragon is the totem of the Chinese nation and the symbol of China culture.

Inspired by this, the models of BYD Dragon Face family all adopt a rounded large-size front grille design, with horizontal chrome trim strips, which looks like a faucet, and Qin Pro is no exception, which makes it highly recognizable.

Combined with the long and narrow headlights on both sides, two-color rim design, through taillights, etc., the whole car is more sporty.

The side waistline extends from the front fender to the tail, and the C-pillar is designed in an upward way. Slip-back modeling starts from B-pillar and presses down the curve to the rear of the car. In addition, the new car is also equipped with a five-spoke two-color rim design.

In terms of size, the three versions of BYD Qin Pro are consistent except the height of the car body. The length, width and height of Qin Pro are 4765/1837/1500mm, the wheelbase is 2718mm, and the height of the new energy version is 1495 mm.

In the interior part, the three models are basically the same, and the 8-inch LCD instrument panel and the 12.8-inch rotating large screen are undoubtedly the most eye-catching.

Qin Pro’s central control big screen has an 8-core processor, which can rotate adaptively, and is equipped with Android system, which can realize many interconnected functions such as chatting, games, entertainment, shopping and so on. BYD DiLink’s intelligent networking function also supports the interconnection of mobile phones and vehicles for remote operation.

In addition, the three versions all adopt the popular electronic lever design, but adopt different lever shapes.

Sandian technology highlights are full.　DM version may become the main sales force

Qin Pro fuel version is equipped with 1.5L naturally aspirated and 1.5T turbocharged engines, with maximum power of 109 HP and 154 HP respectively, which are matched with 5-speed manual and 6-speed dual clutch gearboxes respectively. The DM plug-in hybrid version is equipped with a hybrid system consisting of 1.5T and a driving motor. The maximum output power of the engine is 154 HP and the peak torque is 240 Nm, while the maximum output power of the motor is 150 HP and the peak torque is 250 Nm. The integrated maximum power of the whole hybrid system is 295 HP, the integrated peak torque is 417 Nm, and the acceleration of 100 km takes only 5.9 seconds.

According to the official introduction, since Qin Pro9 opened the pre-sale on September 5, in less than a month, nearly 5,000 DM plug-in hybrid models have been sold. Not surprisingly, the DM plug-in hybrid model should be the main sales force in the early stage of Qin Pro’s listing.

At the same time, Qin Pro’s high-density and large-capacity battery has an energy density of 160.9Wh/kg and a capacity of 56.4kWh. In terms of cruising range, Qin Pro EV can achieve a maximum of 500km. According to the current national subsidy standard for electric vehicles, Qin Pro EV can get 66,000 national subsidies, and the maximum subsidy amount is 90,000 after local subsidies, which is highly competitive in price.

However, the listing price of Qin Pro is still "high" by netizens.

In particular, there is a certain gap between the starting price of 79,800 and the previous estimate of 60,000. Some netizens bluntly said: "The 1.5T engine is on S7, while the 1.5L engine is on Speedsharp. It costs 30,000 more to change the car shell and configuration, and the Speedsharp is only 50,000, and it has become 79,800 here."

Others compared the fuel version of Qin Pro with Geely Emgrand GL, and thought that the configuration of Emgrand GL was better than Qin Pro at the same price.

Some netizens believe that BYD has expanded after the hot sales of MAX in the Song Dynasty and the second generation in the Tang Dynasty. "I originally took a fancy to this car, but because the Great Wall that I opened now has a huge fuel consumption for five years, the BYD fo I bought for my wife has eight oils, which has made me lose confidence in the engine technology of domestic cars, and I can’t rely entirely on patriotism when buying things."

Affected by subsidies, the profit dropped by 70%.

Looking at BYD’s performance this year, apart from the "Li Juan incident" that has not yet escaped, we have to mention the embarrassment of the sharp drop in profits.

According to the sales report issued by BYD, in the first half of the year, BYD sold a total of 220,000 vehicles, a year-on-year increase of 21%. Among them, the cumulative sales of new energy vehicles reached 71,200, up 106% year-on-year, ranking first in the sales list of new energy passenger cars.

Although BYD’s performance in the first half of the year is good from the sales data, there is still a big gap with its annual target. In January 2018, Zhao Changjiang, general manager of BYD’s automobile sales, once said that BYD hopes to achieve the annual sales target of 600,000 units in 2018, including the target of 200,000 new energy vehicles. As a result, in the first half of 2018, BYD only completed 36.92% of the annual task target, and the new energy part only completed 35.6%.

In addition, according to public data, BYD’s operating income from 2015 to 2017 was about 80.009 billion yuan, 103.47 billion yuan and 105.915 billion yuan respectively; The net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses is about 1.207 billion yuan, 4.613 billion yuan and 2.987 billion yuan respectively; The government subsidies included in the current profit and loss are about 581 million yuan, 711 million yuan and 1.276 billion yuan respectively.

After entering 2018, BYD’s profits have dropped sharply. According to the previous report of Observer Network, it can be found from BYD’s financial report for the first quarter of 2018 that its net profit in the first quarter plummeted by 83.09%. To make matters worse, the semi-annual performance expectation outlook: BYD expects the interim net profit to drop by at least 71%.

In this regard, BYD gave a big profit dive to the "decline in government subsidies for new energy vehicles". The financial report explained that "the overall profit of the new energy vehicle business, including electric buses and new energy passenger cars, has dropped significantly compared with the same period last year."

Of course, the reason for BYD’s profit decline is obviously not only the subsidy decline, but also the unbalanced structure of BYD’s existing models and weak profitability. Therefore, the listing of BYD Qin Pro is particularly urgent.

Back to the product, compared with the self-owned brand cars of the same class in the first echelon on the market today, from the fuel version, Geely Emgrand GL, brand-new Changan Yidong and SAIC Roewe i6 are all competing products of Qin Pro. In terms of new energy, two new energy compact cars, Roewe ei6 and MG 6, owned by SAIC will compete with Qin Pro.

This article is an exclusive manuscript of Observer. It cannot be reproduced without authorization.

Text |Zero state LT Yao Zhang

Editor | Hu Zhanjia

On the evening of July 15th, Xiaokang shares disclosed that 137 million ordinary shares had been issued, and the total amount of funds raised was 7.13 billion yuan. After deducting the issuance expenses, the net amount of funds raised by the company was 7.06 billion yuan. The number of new shares issued this time is equivalent to 1/10 of the original total share capital, and a total of 17 investors were allocated. The most allocated fund is Guangfa Fund, with the allocation amount of 1.47 billion yuan. The last round of fixed increase of Xiaokang shares was in June 2021. At that time, the company raised 2.57 billion yuan, and Guangfa Fund also participated in it, which was also the first issue target.

By cooperating with Huawei to build a car brand, Xiaokang shares are entering the new energy field in a big way. Going back to the middle of June, Xiaokang shares were pushed to the public because the new energy vehicle "Wenjie M5" jointly built with Huawei was suspected of "spontaneous combustion". As soon as the report came out, Xiaokang shares fell for many days.

Backed by the big tree of "Huawei", is Xiaokang shares really cool?

Huawei’s "M5" was caught in a storm of spontaneous combustion, and Xiaokang’s ability to build a car was questioned.

On the evening of June 13th, a Huawei mobile phone franchise store in Inner Mongolia caught fire, and another Huawei mobile phone M5 in the store was burnt down.

There are different opinions about the cause of the fire, and many people attribute it to the concerns of Celestial Automobile, a subsidiary of Xiaokang Co., Ltd., the "foundry" of M5. In response, Cyrus responded that the charging stop time of the vehicle in the store was later than the fire time, and it could be preliminarily judged that the fire source was not from the vehicle itself.

But even so, the trust of the outside world in the foundry has not been "stitched". After all, before Huawei intervened, Xiaokang shares focused on low-end new energy vehicles, and the Sailis brand, which has been polished for several years, has never improved. There has never been such experience in producing and manufacturing cars exceeding 300,000 yuan. Therefore, in the production process, the outside world has been in doubt about whether Xiaokang shares can build the high-end model M5.

Xiaokang Co., Ltd. was originally just a manufacturer of electrical appliances and automobile springs. It got on the express train of Dongfang Group and jointly launched the Oriental Xiaokang. In 2011, the sales volume of Dongfeng Xiaokang mini-car reached 1 million, which became a turning point in its transformation of vehicle manufacturing. Five years later, Xiaokang shares were successfully listed. In 2016, at the time of the new energy vehicles, Xiaokang shares launched the new energy brand Sailis in Silicon Valley, USA.

However, at the beginning of the transformation, Xiaokang invested the money earned in the fuel vehicle market and the capital market into the new energy sector, but Cyrus did not give a corresponding return, and the sales volume was bleak. In 2020, only 732 units were sold.

The first cooperation with Huawei opened the market for Celeste. At the beginning of 2019, Huawei and Xiaokang Co., Ltd. held a comprehensive cooperation signing ceremony. The two sides carried out comprehensive cooperation in the fields of industrial Internet, ICT infrastructure, intelligent new energy vehicles and networking. The share price of Xiaokang shares has also risen. After joining hands for the first time to build the first Celestial SF5 appeared in Huawei’s offline exhibition hall, sales began to pick up.

The M5, which was jointly built for the second time, was put into production and put on the market, and achieved good sales. The data shows that in May 2022, the monthly delivery volume of Huawei’s M5 reached 5,006 vehicles, and the sales volume of the same gear jumped to the top three, with a cumulative delivery of 11,296 vehicles. In the capital market, Xiaokang shares are also riding the east wind of Huawei and soaring. Wind data shows that in the last month (as of June 10th), the share price of Xiaokang shares rose as high as 96.8%, ranking first in the comprehensive passenger car sector.

However, both the market and capital are optimistic about Huawei, the big tree behind Xiaokang shares.

In this fire, the questioning of Xiaokang’s ability to build a car was intuitively reflected in its share price. On June 14th, Xiaokang’s share price fell as high as 5% in intraday trading. At present, the market value of Xiaokang shares has exceeded 100 billion. Inconsistent with the market value of 100 billion, Xiaokang shares are still at a loss. In the first quarter of 2022, the financial report of Xiaokang shares showed that the loss attributable to shareholders of listed companies reached 839 million yuan in the first quarter, compared with 533 million yuan in the same period last year; Operating income reached 5.131 billion yuan, a year-on-year increase of 56.03%.

The year-on-year narrowing of quarterly losses and revenue growth point come from the increase in sales of new energy vehicles in Xiaokang shares. According to public data, the production and sales of new energy vehicles in Xiaokang in the first quarter reached 17,400 and 14,200 respectively, with an increase of 296.87% and 207.43%.

In March this year, the first model of AITO brand jointly built with Huawei started delivery. According to the statistics of the Association, the sales data of the M5 in March was 3,045 vehicles, and it entered the top ten sales of new energy vehicles at the level of 200,000-300,000 yuan. Although the growth has achieved good results, in addition to traditional mini-cars and economy cars, the competitiveness of Xiaokang shares in the middle and high-end fields represented by Seles SF5 is still obviously weak.

With the blessing of Huawei’s sales channels, the annual total sales volume of Celestial SF5 is only over 8,100, which is equivalent to the monthly sales volume of the three new car-making forces "Wei Xiaoli".

Xiaokang’s own hematopoietic capacity is not comparable to that of the first echelon car companies. The loss of Xiaokang shares first appeared in 2020, with a loss of 1.729 billion yuan, down 2690.76% year-on-year; In 2021, the loss of Xiaokang shares reached 1.824 billion yuan, and the loss further expanded. The loss mainly comes from the soaring marketing expenses, research and development costs and team expansion after the transformation of the new energy automobile market. In 2021, Xiaokang’s R&D investment was 1.948 billion yuan, accounting for 11.66% of revenue, which was narrower than that in 2020.

Under the pressure of loss, Xiaokang shares tried to spend a tight life through "blood transfusion". At the beginning of this year, the company announced that the non-public offering of shares would raise no more than 7.13 billion yuan, and the funds raised would be invested in projects such as the development of electric vehicles, the intelligent upgrading of factories and the construction of user centers.

But whether it can turn losses into profits is still uncertain.

It is difficult to pick Huawei’s "OEM" hat.

Backed by Huawei, this big tree is good for enjoying the cool, but it also brings a lot of troubles to Xiaokang shares.

In the past, BMW Brilliance was changed to BMW and Beijing Benz was completely cut off. After many imported models were made in China, they fell into the fate of being cut off. For many car owners, it seems that the shadow of domestic production has been removed, and the car has instantly become taller.

A while ago, Xiaokang shares just experienced a round of public opinion. This time, it’s not for imported cars, but the first model of the high-end brand AITO series jointly developed by Huawei and Sellers-Wenjie M5. Because the popularity of Celeste is far less than that of a big brand like Huawei, some car owners chose to "change the logo" after purchasing Huawei’s M5, and removed the logo of Celeste and replaced it with the logo of Huawei Smart Choice.

Huawei has publicly stated that it will not build a car. This alliance with Selis is just cooperation. However, it is undeniable that the selling point of this car is that it is equipped with Huawei HarmonyOS cockpit, and the core power comes from Huawei Drive ONE pure electric drive range extension platform. Yu Chengdong, CEO of BU, a smart car solution, personally came off the stage to bring goods for the M5. He not only promoted this car on many occasions, but also drove it home and off the track during the New Year, and spoke for it crazily.

Netizens ridiculed that although "Huawei does not build cars, users will build cars for Huawei."

The bidding also reflects the user’s lack of confidence in the Celeste brand. Obviously, the light of Cyrus is covered by Huawei’s strength. Xiaokang shares are very concerned about being passively robbed of the title by Huawei.

Zhang Zhengping, chairman of Xiaokang Co., responded: "Whether the product is good or not, the market has the final say. If the product doesn’t work, no matter whose label is posted, no one will buy it. " In addition, Xiaokang shares are also very concerned about the outside world calling it Huawei’s "foundry". At the investors’ meeting at the beginning of the year, Xiaokang specifically emphasized that it was not a foundry before and now, let alone a foundry, and what Huawei initiated was a deep cross-border cooperation model of joint business.

In fact, this statement only applies to the cooperation of the previous model Celeste SF5. Xiaokang shares are responsible for supply chain links such as R&D, manufacturing and delivery, while Huawei is responsible for brand and channel sales. However, during the development of the M5, Huawei led the R&D and sales, and Cyrus was only responsible for providing relevant data support. According to Huawei Yu Chengdong, "In addition to providing key automotive hardware components, Huawei’s mobile phone industrial design team, software team and user experience team are also involved in the cooperation".

Subject to Huawei’s leadership, Huawei is the main beneficiary of the sales profit sharing of this M5. According to Caijing Weekly, a Cyrus 4S clerk said that after users placed orders in the experience store, although the order processing was the responsibility of their user center, most of the rebates from the manufacturers were sold to the experience store instead of Cyrus manufacturers. For Xiaokang shares, the initial intention of cooperating with Huawei was to improve the brand tonality and remove the label of only making low-end cars, but the result was to make wedding clothes for others.

Although the sales volume of M5 in the current world is very popular, Xiaokang shares can not get much benefit, and excessive dependence on Huawei’s manufacturing team brings great risks. Recently, it is reported in 36Kr that Huawei Smart Car Selection has been widely spread in the industry. Besides Jin Kang New Energy, it has successively finalized smart car selection business cooperation with Chery Automobile, Jianghuai Automobile and Extreme Fox Automobile.

If the cooperation between Huawei and other car companies deepens in the future, the status of Xiaokang shares will be in jeopardy. Perhaps Xiaokang shares can be completely transformed into a vehicle foundry and occupy the market with excellent manufacturing technology.