21st century business herald reporter Zuo Maoxuan reports from Shanghai.

After several twists and turns, the smart electric vehicle brand jointly built by Baidu and Geely has gone beyond the limit, and finally started the market-oriented stage.

On October 27th, its first model, Extreme Yue 01, was officially launched. This time, two models, Extreme Yue 01 Max and Extreme Yue 01 Max Performance, were launched, and the price was 249,900 ~ 339,900 yuan.

Among them, the most concerned high-order intelligent assisted driving function "ROBO Drive Max", which is regarded as the core competitiveness of Chaoyue, supports 980 yuan’s subscription on schedule/month, or a one-time buyout of 49,900 yuan.

Extreme leap is an important carrier of Baidu’s dream of building a car.

In January 2021, Baidu announced the establishment of a smart electric vehicle company with Geely. In March, Jidu Automobile was formally established with a registered capital of 1 billion yuan. Baidu and Geely held 55% and 45% of the shares respectively, and received over 300 million US dollars in start-up funds.

At the Guangzhou Auto Show at the end of 2022, the first automobile robot ROBO 01 of Jidu was officially unveiled. It was built based on Geely’s vast SEA architecture, and the intelligent scheme mainly came from Baidu.

Limited by the qualification problem, Jidu Automobile almost fell silent in the first half of this year.

Until August 14th this year, Geely Holding Group released official information and announced the strategic upgrade of cooperation with Baidu. Its brand-new automobile robot brand "Extreme Yue" was officially released, and its first model was officially named "Extreme Yue 01".

"Extreme Yue" is born out of Jidu Automobile, and follows the brand logo of Jidu Automobile. Extreme Yue 01 is the first production car ROBO 01 of Jidu.

The company behind Jiyue brand is Hangzhou Jiyue Automobile Technology Co., Ltd., which was formally established on August 9 this year. Zhejiang Geely Investment Holding Co., Ltd. and Shanghai Mihang Automobile Co., Ltd., which is wholly owned by Baidu, jointly hold shares, with the dual shareholding ratio of 65% and 35% respectively.

Although the equity has changed, the division of labor has not changed: Geely is responsible for vehicle manufacturing and Baidu is responsible for AI empowerment.

Extreme Yue seems to be the product of a "strong alliance" and regards Tesla as the goal of his own challenge.

"From beginning to end, we wanted to have a fight with Tesla." On October 28th, Xia Yiping, CEO of Extreme Vietnam, stressed in an interview with 21st century business herald.

In his view, although players in the industry want to benchmark Tesla, no one can shake its position yet. And the more intelligent the price is, the better the price/performance ratio is in the current industry.

Intelligence is regarded as the core competitiveness, which is similar to Tesla and Tucki.

However, as far as the moment is concerned, it is only now that it has entered the market, and the market challenges it faces are extremely severe. Whether facing "Wei Xiaoli" or Huawei, intelligence has become the main battlefield for various smart electric vehicle companies to compete. As a latecomer, Jiyue is facing the pressure of market competition, technology, supply chain and so on.

"Pure Vision" Intelligent Driving Scheme

The ultra-yue car said that the ultra-yue 01 is the world’s first AI car robot. This concept seems to be a gimmick, but it is also a way to emphasize one’s greatest characteristics as a latecomer to the market.

When Baidu and Geely jointly conceived to build a new brand, they had already made clear the special attributes of this new brand.

The main purpose of Baidu is to inherit the core competence of Baidu Apollo, and re-integrate and verify it, so that Baidu has a landing scene in the research and development of autonomous driving for many years.

Geely itself has a complicated brand sequence including Geely, Link, Volvo, Polar Star, etc. It does not need a new brand that is too close to the previous brand positioning, but hopes to make more attempts in intelligence, so as to explore more possibilities in the future automobile era.

In other words, Geely provides technical support for the "body" of the company, while Baidu is responsible for the "soul" of the smart car of the company.

Extreme Yue 01 is based on the vast architecture of Geely SEA, which has been applied in many brands such as Extreme Krypton, smart and Polar Star, and its performance and quality have been preliminarily recognized in the market.

Therefore, intelligent ability is the core competitiveness that Extreme Vietnam tries to focus on.

According to Extreme Yue, the intelligent driving of Extreme Yue 01 relies on the "pure vision" perception algorithm. Its pure vision perception architecture has 11 high-definition cameras, 12 ultrasonic radars and 5 millimeter-wave radars, totaling 28 intelligent driving sensors, and the laser radar is cancelled.

This scheme named "ROBO Drive Max" is the first "pure vision" scheme in China to get through the network occupied by BEV+Transformer+OCC. On a global scale, it is also the second car company to adopt a pure vision solution after Tesla FSD.

According to Xia Yiping, at the beginning of this year, Extreme Vietnam made a lot of evaluations when it planned to take off the lidar and adopt a pure vision algorithm, especially in the early days, and it also expected the local experience to decline. However, from the perspective of cost and optimization of computing power, the pure vision scheme was finally adopted.

Xia Yiping believes that going to lidar is not an inevitable result, and there are always repeated in the process of technological development.

"Under the current laws and regulations, it is of no value to be too aggressive in autonomous driving. The first step is to model the whole vision algorithm. The future vision model must be more general, not a simple concept of automatic driving, but more a concept of general artificial intelligence. This is a long-term development trend and irreversible. " Xia Yiping said.

In his view, the advanced intelligent driving function at this stage should start from the scenes used by users every day, not just "showing off skills".

According to reports, ROBO Drive Max includes point-to-point navigation assistance PPA+ parking service AVP+ROBO Drive full function.

Point-to-point pilot-assisted PPA, with high-order intelligent driving assistance capability covering high-speed and urban scenes. When PPA is started, it can complete a series of functional scenes such as autonomous lane change overtaking, getting on and off ramps, obstacle avoidance in and between lanes at high speed and overhead. In urban roads, zebra crossings and traffic lights can be accurately identified, and driving tasks such as courtesy to pedestrians, unprotected left turn and avoiding non-motor vehicles can be completed.

In parking service, it can not only identify various types and complex parking spaces, but also support a distance of up to 2 kilometers. Both indoor and outdoor parking lots can be used, and it can support the parking of any parking space on the same floor to the entrance and exit of the parking lot.

It is understood that this year, ROBO Drive Max will open the high-level intelligent driving function in the urban area to all users in Shanghai, Shenzhen and Hangzhou, and PPA can be used in 90% of the high-speed viaducts in the country. In 2024, PPA will gradually open 200+ cities nationwide.

However, as far as the more complicated traffic environment in China is concerned, whether this pure vision scheme can work depends on the subsequent effect on the actual road before we can make a judgment.

In terms of intelligent cockpit, Extreme Yue 01 was first equipped with 8295 chip of Qualcomm’s 4th generation Snapdragon digital cockpit platform, and dual NPU(60TOPS) was fully enabled for the first time. In addition, Extreme Yue has also integrated the large-scale model capability of ERNIE Bot, making it the first smart car in the world with a large model.

Just from 0 to 0.1.

"I firmly believe that from yesterday, the entire new energy automobile industry will be divided into pure new energy vehicles and smart cars." On October 28th, Xia Yiping said in an interview with 21st century business herald.

He believes that the difference between the two lies in the different requirements for mastering the core technical capabilities. One is dominated by technology companies, which have the ability to calculate and master the core of the algorithm; One is dominated by the traditional mechanical performance companies of Sanpower in the past. This has undergone a watershed change.

"I don’t think we have entered a’ Red Sea’ battlefield. I think we still have to open up a new battlefield." Xia Yiping said.

Although the current competition in the smart electric vehicle market is extremely fierce, he believes that Extreme Vietnam still has market opportunities.

At the same time, Xia Yiping also said that it is only from 0 to 0.1 to build the car, and it is necessary to improve the systematic ability of production capacity, supply chain and channels.

Of course, the most direct problem now facing Xiayi Plane is how to sell more cars.

In the laying of sales channels, Jiyue has also been questioned by many outsiders. Since the end of last year, Jiyue has started to build offline stores, some of which are in the core business districts with high rents such as Lujiazui in Shanghai and Sanlitun in Beijing. At that time, it was still a long time before the first production car.

Xia Yiping said frankly that opening a store in advance without a car and being vacant there put a lot of pressure on the brand. For a startup, it is actually a very difficult decision.

"Opened a store, no mass production, can only put engineering vehicles over there, also can have an impact. But how can you promote your brand if you don’t open a shop? How does user cognition come about? If you promote it too early, there will be another problem. Without products, everyone says that you build a car with PPT. " Xia Yiping said.

From the perspective of market volume, although the company has gained a certain social awareness by building a store in the bustling business district, compared with other car companies that already have a certain sales volume in the market, despite relying on Geely and Baidu, the brand awareness of the company is still insufficient.

Next, Extreme Vietnam will still speed up the channel construction.

According to reports, at present, there are nearly 50 sales stores in Vietnam, and it is planned to reach more than 100 by the end of this year, and more than 250 sales stores will be laid next year; On the after-sales side, direct stores and authorized stores are spread out in two ways.

Regarding the sales forecast, Xia Yiping said that at present, Extreme Vietnam is still in the stage of capacity climbing, and another model will be released soon. The climbing process may last for more than one year, and it is expected to reach the goal of monthly sales of 10,000 vehicles in 2025. Extreme Vietnam plans to produce a new car every year, and accelerate it in the third and fourth years, and more models will come out.

Where is the road to cooperation between Baidu and Geely?

Judging from the current public situation, the more successful it is to enter the market, it means that the cooperation between Baidu and Geely has entered a new stage.

In fact, with the development of intelligent new energy automobile industry, the cooperation between technology and automobile industry is getting closer and closer. However, it is the first new car-making enterprise in the true sense to be jointly funded and incubated by Internet giants and traditional car companies.

Unlike Huawei, which has attacked the city in the automobile industry in the past two years and held hands extensively, Baidu entered the smart driving track earlier, but due to the lack of representative products, its cognition in the hearts of ordinary consumers is not strong.

The emergence of the extreme leap may make up for some shortcomings in this respect, but a series of new puzzles have not been completely uncovered.

In addition to providing intelligent technology, what kind of attitude will Baidu participate in the road of building cars in the future? Among the many sub-brands of Geely Holding, what kind of identity will Extreme Yue play? Is there more room for imagination in the cooperation between Baidu and Geely after passing the extreme leap?

For many questions, it seems that we have to wait until what kind of market achievements we can achieve before we can have a chance to imagine a longer future.

Interestingly, on the same day that Extreme Yue 01 held a listing conference, Extreme Krypton also held a listing conference for the new car Extreme Krypton 001 FR.

Regarding the difference between Extreme Yue and Extreme Krypton, An Conghui, CEO of Extreme Krypton Intelligent Technology, said in an interview with 21st century business herald that although they share a vast infrastructure, the needs of each brand are different, from performance, configuration and material application to design, adjustment and user expectations. Products may overlap, but they must belong to different market segments.

Of course, from now on, Extreme Vietnam has just entered the knockout stage. Although it is backed by Geely and Baidu, it is destined that a few new car-making enterprises in China will survive in the end, and Extreme Vietnam has not taken the lead.

However, compared with other new car-making enterprises, Jiyue can rely on Geely in platform development and factory construction, and the level of intelligence is empowered by Baidu, so the demand for funds may have an advantage.

However, new car-making enterprises will be in a strategic loss stage for a long time, and they need more support in the capital market.

At present, there are only two shareholders, Baidu and Geely. However, 21st century business herald reporter learned from people familiar with the matter that Vietnam also hopes to raise funds from abroad.

According to Xia Yiping, there will be new financing actions early next year, which will be announced at that time.

For more information, please download 21 Finance APP.

　　[Design Decoding] Driven by favorable policies and future development trends, more and more enterprises have begun to enter the team of new energy vehicles. In addition to the brands we are familiar with, Weimar Automobile and so on, there are many enterprises in the embryonic stage, and these new vehicle-making enterprises not only help the rapid development of new energy, but also promote the traditional car enterprises to further develop new energy. Today, our protagonist is the high-end pure electric vehicle launched by the traditional OEM. In the future, it will cut into the market segment to meet the needs of consumers for high-end SUVs.

　　Different from the pure electric vehicles such as ERX5 launched by Roewe before, MARVEL X is not a pure electric vehicle based on the replacement of powertrain for gasoline models, but a completely independent new model. Moreover, not only MARVEL X, but also MARVEL owned by Roewe will have a series of new energy vehicles focusing on the mid-to-high-end market in the future. From the design idea of this MARVEL X, we can see the difference between this MARVEL series and ordinary Roewe pure electric vehicles in the future.

● Appearance and coincidence 90%

　　MARVEL X was designed by the SAIC design team led by Shao Jingfeng, the design director of SAIC. At present, Roewe’s flagship pure electric SUV almost completely retains the previously released concept car in design. It is understood that the appearance overlap between the production version and the concept car is as high as 90%, so the MARVEL X in front of us looks very avant-garde.

　　At the beginning of MARVEL X design, the team led by Shao Jingfeng found the right direction and positioning. As the representative of Roewe brand pure electric SUV, it will enter the eyes of consumers. Different from the previously released pure electric vehicles such as ERX5 and Ei5, it will face the mid-to high-end market. The specific market demand throws them a difficult problem, and how to build a car that is more in line with this market demand is what this team needs to do. Then, after numerous brainstorming, they finally determined three key words to achieve this goal: strengthening brand recognition, emotional design and shaping a sense of high quality.

　　After the evolution of RX5, RX3 and i6, the rhythm design of Roewe brand has been well received by consumers, while the overall design idea of MARVEL X continues the concept of rhythm, and we can see the familiar Roewe from the design of the front of the car. The huge wingspan grille has been preserved in this pure electric SUV, and the front grille shape has not been cancelled like other new energy vehicles. This design style seems to make the whole car more powerful. The addition of light arc lights outside the grille not only enhances the visual effect, but also further deepens the brand image. Together with the "Arrow Feather", it will have a deep impression at first glance.

　　In the design of MARVEL X, there are also many similar design elements on RX5 and RX3, such as the waistline running through the car body and two arcs on the front and rear wheel arches, so that the sides will not look too rigid. The design of the rear of the car is not the same as that of the previous Roewe models. First, the license plate frame is moved down to the rear enclosure, and the rear of the car looks simpler. It also has a waist-closing design, and the lower plate looks quite solid.

　　We can see that in MARVEL X’s design language, dynamic modeling occupies a key position. MARVEL X, as an SUV, has a lower body than traditional SUVs, and the identity of pure electric vehicles also gives designers more room to play. Its visual center of gravity is more backward, and the low-cut, slender body with a small proportion of the rear window creates a visual feeling of diving forward. At the same time, the exaggerated surrounding decoration of the front and rear of the car also plays a role in increasing the sense of movement. However, this MARVEL X is more than just watching sports. In order to improve performance and fuel economy, its streamlined shape and optimized low wind resistance rearview mirror, together with the hidden door handle, have reduced it to 0.29Cd.

Welcome to the discount promotion channel in Chengdu, car home. We bring exciting good news to satisfy the car lovers in Chengdu! At present, the high-profile luxury car-is undergoing substantial preferential activities. Car buyers can enjoy attractive discounts as high as 71,000 yuan, and the minimum starting price has dropped to 174,900 yuan. This preferential margin not only provides substantial cost savings for consumers, but also shows the sincerity of FAW-Volkswagen CC to the local market. For more details and higher discounts, please click "Check the car price" in the quotation form below to start your quality driving tour.

Sorry, I can’t directly generate the content of the article, but I can provide you with a possible example:

FAW-Volkswagen CC attracts people’s attention with its elegant and dynamic design. The front part adopts exquisite family design, the air intake grille is wide and powerful, and with sharp LED headlights, it creates a strong visual impact. The overall body lines are smooth, and the slip-back shape gives CC a unique sporty temperament, which makes people unforgettable. No matter from which angle, CC shows FAW-Volkswagen’s unique understanding and pursuit of luxury coupe.

FAW-Volkswagen CC shows the perfect combination of elegance and strength with its exquisite side design. The body size is 4865 mm long, 1870 mm wide and 1459 mm high, and the wheelbase is 2841 mm, providing passengers with spacious interior space. The front tread is 1586 mm and the rear tread is 1572 mm, which ensures the stability of the vehicle. Tyre size is 245/45 R18, which is consistent with tyre size before and after, which not only ensures the driving performance, but also adds a dynamic visual effect. Its smooth lines outline the unique outline of the car body, which reveals its noble and dynamic charm from any angle.

In the interior, FAW-Volkswagen CC shows the design concept of elegance and technology. The exquisite leather steering wheel provides a comfortable grip, and it adopts the function of manual up and down+front and rear adjustment to ensure that the driver can adjust the best position according to his personal needs. The center console is equipped with a large screen of 9.2 inches, which supports multimedia system, navigation, telephone and air conditioning control, and integrates voice recognition function, making it easy to operate and user-friendly. The seat is made of leather /Alcantara mixed material, which not only feels comfortable, but also has heating function to ensure that passengers can enjoy a comfortable ride experience in different seasons. The seat supports front and rear adjustment, backrest adjustment, height adjustment and multi-directional adjustment of lumbar support, providing excellent riding support for passengers. The front and rear seats are equipped with USB/Type-C interface, which meets the charging requirements of passengers’ electronic equipment and improves the practicability.

FAW-Volkswagen CC is equipped with a 2.0T L4 engine, with a maximum power of 137kW and a maximum torque of 320N·m, which provides strong power support for the vehicle. The matched 7-speed wet powershift further optimizes the shift smoothness and fuel economy, ensuring that drivers can experience efficient and comfortable performance in daily driving.

To sum up, car home car owners praised the face value of FAW-Volkswagen CC, believing that it is the most prominent highlight of this car. No matter in the Volkswagen brand lineup or among many star models, the appearance design of CC is unique, which is enough to meet the demand of car purchase in pursuit of aesthetic feeling. Such a high value not only won the hearts of car owners, but also made CC win the favor of many consumers in the market.

　　[Aika car SUV channel original]

　　Roewe RX5′ s monthly sales of 20,000 units can be said to have earned enough profits and eyeballs for SAIC. It must be said that SAIC’s accumulation in styling design in recent years has brought exquisite appearance to RX5, and another group of young people in the same R&D center have also created many topics for RX5 human-computer interaction system with their unique ideas. What kind of world is hidden under such a car that shines brightly?

　　The vehicle we shot this time is Roewe RX5 20T two-wheel drive Internet Smart Edition, equipped with a 1.5L turbocharged engine and a 7-speed dual-clutch gearbox, driven by front wheel drive.

I. Overview of Chassis

　　Similar to the chassis structure of many compact SUVs on the market, RX5 adopts McPherson independent front suspension and E-type multi-link independent rear suspension. The chassis of RX5 has no redundant guard plate to protect the parts, from which we can also see that it focuses on the positioning of urban road conditions. However, through analysis, we can still find that RX5 is worthy of its price and people’s attention in chassis structure and materials.

　　RX5 adopts a frame-type front subframe, which can not only improve the overall strength of the front of the car body, but also make the force on the front of the car body more uniform.

　　RX5′ s two-wheel drive vehicle adopts a rear subframe similar to H-shape, and almost all the connecting rods on the rear suspension apply force to the rear subframe, thus reducing the direct impact of suspension on the vehicle body. The rear subframe of RX5 four-wheel drive vehicle is structurally different from that of two-wheel drive vehicle.

Second, the front suspension analysis

　　RX5′ s McPherson independent front suspension is really nothing too surprising. Indeed, for most cars under 200,000 yuan on the market, it is too ordinary to adopt McPherson front suspension. However, the details of the RX5 front suspension still have its own special features.

　　On the whole, the front suspension adjustment of RX5 tends to be comfortable, and the damping spring can filter out most small vibrations, but for some relatively large vibrations, the response of the spring is a bit stiff. Usually, the relatively large vibration will be directly transmitted to the car, which makes people somewhat unprepared. However, thanks to this adjustment, RX5 has a good performance in controlling roll.

Third, the rear suspension analysis

　　RX5 adopts E-type multi-link independent rear suspension, which is also quite common in the same class. This multi-link suspension adopts a vertical and three horizontal conventional structure, and most of the connecting rods are stamped from steel plates, and there is not much innovation in the arrangement of connecting rods.

　

Middle-aged people tend to be more interested in sedate models. The atmospheric design and exquisite interior are the characteristics of such models, which are excellent choices for going to work or picking up children. The song L DM-i we are talking about today. Let’s take a good look at it.

Let’s take a look at the appearance of Song L DM-i first. The front face of Song L DM-i looks very dynamic and lively, and it looks very round. At the same time, the headlight presents an elegant design style and the visual effect is good. The car is equipped with LED daytime running lights, automatic opening and closing, adaptive far and near light, delayed closing and so on. Coming to the side of the car, the body size of the car is 4780MM*1898MM*1670MM. The car adopts young lines, and the side wall feels very sporty. With large-sized thick-walled tires, smooth lines run through the whole side of the car. Looking back, the rear of the car echoes the front face, and the taillight style is more elegant, creating a good gas field.

Coming into the car, the interior of Song L DM-i enhances the visual coolness, which makes people feel very cool. The steering wheel of the car is very unique in shape, made of leather, and everything looks very tough. Let’s take a look at the central control, with a 15.6-inch central control screen, which makes the interior style impressive. The overall design of the central control is very good. Let Xiaobian introduce the dashboard and seats. The dashboard of this car presents a simple design style and looks very solid. The car uses leather seats, equipped with functions such as electric adjustment of auxiliary seats, electric adjustment of seats, and seat proportion tilting, and the overall comfort and wrapping are not bad.

Song L DM-i’s back row space is still spacious, and there is a certain margin in the head and legs, which can be said to be more than enough for daily use. In addition, the car is equipped with fatigue warning, anti-lock braking (ABS), LED daytime running lights, brake assist (EBA/BAS, etc.), brake force distribution (EBD) main driver airbag, co-pilot airbag, side airbag curtain, front side airbag and other safety configurations.

Summary of the full text: This car has been introduced almost before, and I believe many users who buy a car have taken a fancy to its comfort and practicality.

Today we brought this car. So whether this car is a mule or a horse, let’s take a look at its actual performance.

Let’s take a look at the appearance of ZEEKR 001. The front face of ZEEKR 001 is very fashionable and recognizable. Combined with sharp headlights, it outlines a cool effect. The car is equipped with LED daytime running lights, automatic opening and closing, adaptive far and near light, delayed closing and so on. Coming to the side of the car body, the size of the car body is 4977MM*1999MM*1533MM. The car adopts unique lines, and the side of the car presents a domineering and stylish design style. With large-sized thick-walled tires, it gives people a very sharp feeling. In the rear part, the rear looks very dynamic, and the taillights show a sharp design style, which is very fashionable and concise.

When I came to ZEEKR 001, the interior design was tough, and the overall design atmosphere was still in place. The steering wheel design of the car is very elegant, made of genuine leather and unique in shape. From the central control point of view, with the 15.05-inch central control screen, the interior design is quite layered, and the overall design of the central control is remarkable. Let’s take a look at the dashboard and seats again. They look very simple. The car uses leather seats, which are wide and thick, and have good support and comfort.

ZEEKR 001 is equipped with a motor with a total power of 580KW and a total torque of 810N.m It has good acceleration, excellent cruising range and good power performance.

Look at the configuration again. ZEEKR 001 is equipped with car networking, driving mode selection, remote control key, Bluetooth key, UWB digital key, indoor atmosphere light, traction control (ASR/TCS, etc.) and other configurations.

This class of cars can often give consideration to both cost performance and practicality, and is often considered by most consumers as the first choice when buying a car. If you like this car, don’t hurry to learn more about it!

Welcome to explore Nissan’s rich vehicle lineup, which includes a variety of high-profile models to meet the needs of different consumers. Let’s have an in-depth understanding of several star models of Nissan:

• Teana enjoys a high reputation in China market. As a medium-sized car, it pays equal attention to luxury and comfort, and its positioning is between Sylphy and Maxima, which is the best choice for family and business.
• Sylphy, Nissan’s evergreen tree in China market, is deeply loved by consumers for its economy, practicality and spacious space.
• Qijun and Hacker are masterpieces in SUV field, providing excellent off-road performance and urban driving experience.

In addition to the above, Nissan also has a variety of models including Yida, Qida and paladin to meet the needs of different consumers. Dongfeng Nissan mainly focuses on cars and SUVs, such as Sunshine, Levi, Dutch, etc., as well as the electric Sylphy pure electric and luxurious and comfortable nature.

In terms of SUV, Dongfeng Nissan has also introduced vehicles such as Qiangke, Xiaoke and Qi Jun, as well as hybrid vehicles such as Loulan Hybrid and Off-Road Power. Whether you are pursuing urban driving pleasure or cross-country adventure, Nissan always has one for you.

This article comes from WeChat WeChat official account "national business daily".

Recently, social media such as friends circle were screened by a short film "Wukong".

The film tells the story that the hero, a little boy, loves the Monkey King since he was a child and wants to go to the cinema in the city to see "Make a scene in Heaven". The core of the film focuses on the juvenile spirit of "I don’t know much about heaven".

N+ Finance understands that although this short film did not directly reveal too much information about Huawei itself, it still caused a lot of interpretations, which is undoubtedly the expectation of HarmonyOS system and even Huawei.

Image source: Every photo by reporter Liu Ling

On May 21st, Yu Chengdong, CEO of Huawei’s consumer business, revealed:"As soon as this fall, at the latest next spring, Huawei’s own OS will probably be available.. "

In fact, the domestic mobile operating system has been tried by many manufacturers before. The giants include Baidu (BIDU.US) cloud OS and Tencent (00700)TOS, and the entrepreneurial team once had a little heart OS and Le Frog OS. And the most brilliant achievement belongs to Ali:

At the end of 2015,BABA.US) YunOS surpassed WP to become the third largest mobile operating system in China with a market share of 7.1%., second only to Android and iOS.

Now, times have changed, and Huawei HarmonyOS, burdened with the expectations of Chinese people, can make a scene like Wukong mentioned in the promotional film and fight its way out in the rivers and lakes of the mobile phone operating system?

In the short film Wukong, the little boy, obsessed with the Monkey King, is bent on going to see the Monkey King’s movie in the big city where "there is only one way to go over the back mountain and two more mountains, and it takes one night by car". He goes out alone, encounters a series of "adventures" and finally arrives at his destination in rags.

Some netizens commented that the spirit of the little boy and the spirit of Wukong are in the same strain, and the shadow can also be seen in Huawei.

Huawei officially released the film on May 23rd.

At the same time, Huawei announced that its "spare tire" had turned positive, and its self-developed Hisilicon chip and self-developed operating system "HarmonyOS" attracted much attention. This short film also triggered speculation about HarmonyOS system.

Huawei rarely makes statements to confirm or completely deny the rumors of HarmonyOS system. Ren Zhengfei, founder of Huawei, said in an interview with national business daily on May 21st:

“We can do the operating system, but it is not necessarily a substitute for others.Because we also need it in artificial intelligence and the Internet of Everything, but I don’t know exactly which ones are used and which ones aren’t. "

At the same time, he did not disclose whether HarmonyOS has been used in a small scale within Huawei.

Compared with Huawei’s low profile, "HarmonyOS" system keeps making new progress. On May 24th,The website of China National Intellectual Property Administration Trademark Office shows that Huawei has applied for the "Huawei HarmonyOS" trademark.. The application date is August 24, 2018, the registration announcement date is May 14, 2019, and the exclusive permission period is from May 14, 2019 to May 13, 2029.

Then, on May 29th, it was reported that a few days ago, Huawei submitted a trademark application for "HUAWEI ARK OS" to the European Intellectual Property Office, and "ARK" means "Ark" in English.

At the beginning of June, it was reported from the media that Huawei has started to test the mobile phones that will be equipped with HarmonyOS system, and the number of mobile phones in the test stage has reached one million. At the same time, Huawei also released the interface picture of HarmonyOS system, which is very similar to the current Huawei EMUI. The function arrangement, status bar, font layout and key color matching are almost identical.

On June 3rd, Huawei told N+ Finance that "we haven’t heard of it at all, so we can’t comment" on the rumor of testing HarmonyOS system on 1 million mobile phones.

It is understood that Huawei has been planning its own operating system "HarmonyOS" since 2012, aiming to become a substitute for Google’s Android system.

As for HarmonyOS, it is reported that the operating system has been greatly optimized for Linux (open source) and has been used in Huawei mobile phones (security part).

Combined with such news, Huawei’s HarmonyOS system comes to the fore. Tim Watkins, vice president of Huawei’s Western European market, has previously confirmed to the media that Huawei has been developing an operating system and will launch it soon.

Operating system is the soul of smart phone. As far as the current market is concerned, operating systems are mainly divided into two schools.They are Apple’s iOS system and Google’s Android system, which have a market share of 99%.

Since Apple’s iOS system is only for its own use and not open to other mobile phone manufacturers, Android system has become the only choice for many mobile phone manufacturers in China. Huawei’s EMUI system, Xiaomi’s MIUI system and vivo’s Fun touch OS system are all deeply developed based on Android system.

Wei Yongming, CEO of Feiman Software, wrote an article in 2012, "Why does Huawei Alibaba have to engage in an" independent "operating system? What is the soul of the operating system? ",the article said that taking Android as an example, the operating system open source license constraint is very loose, but:

"Google has certainly accumulated a large number of patents in the process of developing Android, especially Dalvik virtual machine and Java class library, and these patents are above the copyright and license of the software. In other words, if you derive a branch from the existing Android,If you want to sell the software running this derivative version of Android on your mobile phone, Google can immediately take out a patent stick to limit you."

According to Yu Chengdong’s description of HarmonyOS system, all Huawei mobile phones will be equipped with self-developed OS system in the future.Huawei’s self-developed operating system has opened up electronic devices such as mobile phones, computers, cars and tablets, and has been able to support a new software ecosystem for Huawei.

However, at present, the operating system has been occupied by Android and iOS. In order to occupy a place in Huawei’s HarmonyOS system, the first thing to be solved is the problem of software compatibility. After all, no company will adapt software for a system that is not used by many people.

In the research report "From Operating System to Chip-Counting is still stuck in the neck field (I)" released by China Merchants Securities in August 2018, it is pointed out that compared with foreign countries, the technical development of operating system is not a difficulty, nor is it a core factor restricting the development of domestic operating systems.

"The main reason why it can’t occupy a place in the market is that the domestic operating system lacks the ecological environment for high-quality applications."

At present, there are some doubts about the expansion of Huawei’s HarmonyOS system. Before Huawei’s "HarmonyOS", other domestic manufacturers tried to develop their own operating systems, but they didn’t really grow up in the end.

For example, Alibaba Yun OS once occupied 7% of the domestic mobile phone operating system market share from 2014 to 2015, which was also the "peak moment" of the domestic mobile phone system, but then the market share declined rapidly.

Yesterday, Xiang Ligang, the founder of Feixiang.com, expressed another view to N+ Finance. In his view,Huawei has shipped 200 million mobile phones this year, and Apple also has 200 million mobile phones. "Apple’s ecology can be done. Why can’t Huawei be an ecology?"

He said that the outside world’s doubts about Huawei HarmonyOS are mainly at two levels. First, many operating systems, including Windows, have not been done; Second, many people may not develop applications for Huawei systems.

Xiang Ligang said that Windows appeared earlier than Android, and then Android overtook it. The reason why it is not done well is becauseWindows is unfriendly to developers, with poor interface experience and poor interaction ability.

"Windows also charges mobile phone manufacturers, and of course it doesn’t do well. Huawei certainly does not have the problem of charging for its own use.Huawei’s understanding of the operating system has been very profound. And made a new compiler, which is compatible with Android applications.So it’s easy to build HarmonyOS, and I don’t think there is any problem. "

"Many people may not support Huawei’s application.But if Huawei sells hundreds of millions of mobile phones a year, why not apply it?If these applications are very difficult to do, then the current applications are Android, and they can be compatible by running the compiler once. "Xiang Ligang said.

Sun yanbiao, dean of the first mobile phone research institute, believes that the operating system mainly depends on the construction of ecology, and it takes time to build ecology. It took Apple four or five years to build its own ecology, and Android also took four or five years.Under the existing operating system, it will take two to three years for HarmonyOS to do it, and this time is inevitable.

"Why should Internet APP developers develop corresponding apps? This needs to be based on a large user base. What the new ecology often lacks most is the user group. Only by having a large user group can we make a profit, which is essentially a problem of Internet effect. In addition, the ecology that Huawei HarmonyOS needs to build is not only China, but also overseas, so it takes time. "

Sun Yanbiao emphasized that Huawei’s HarmonyOS system could not build a strong ecosystem in a short time, and the construction of this ecosystem was a slow process. "At that time, when Android was going to be an ecosystem, almost all mobile phones except Apple used Android’s operating system, but even in this case, it took almost four years for Android to sprout to rival Apple’s operating system."

Xiang Ligang also told reporters that after the release of the HarmonyOS system, it will change the market structure of global operating systems. HarmonyOS system appears after Android and Windows, and its understanding of operating systems is definitely deeper than that of Android.

"Huawei itself said that if you run it with a compiler, you can improve the efficiency by 60%. Android needs a virtualizer, and it doesn’t start the compiler from the bottom at all, while the HarmonyOS system starts compiling from the bottom, and the efficiency is definitely better than Android. " Xiang Ligang said.

In addition to Huawei, new news has also come from the operating system field.

On May 25th, the media revealed that KaiOS Technologies, the manufacturer of the third largest mobile phone operating system in the world, had received a $50 million financing in Series B..

In addition, ZTE is also developing a mobile phone operating system based on independent intellectual property rights. The industry believes that the operating system may show a diversified trend and is expected to usher in a new round of competition.

The latest news is that on May 31st, it was reported that Mate 20 Pro, which was previously removed by Google, was back, and it continued to support the latest Android Q Beta.

Earlier, Google’s parent company Alphabet announced that it would stop some cooperation with Huawei and erase the name of Huawei Mate 20 Pro on the Android Q Beta page.

　　The essence of the reform of registration system is to hand over the right of choice to the market, strengthen market constraints and rule of law constraints, and improve the convenience of investment and financing. With the end of the 2022 annual report disclosure season, a number of listed companies will withdraw from the A-share market. According to incomplete statistics, since the beginning of this year, the number of A-share delisted companies has reached more than 30.

　　Insiders pointed out that the delisting system is an important supporting institutional arrangement for the implementation of the registration system. The regulatory authorities will further improve the delisting mechanism, improve the delisting standards and simplify the delisting process, which will help to create a good A-share market ecology under the comprehensive registration system, better protect the legitimate rights and interests of investors and provide a stage for the high-quality development of more high-quality enterprises.

　　Metabolism and delisting efficiency are improved.

　　At the end of 2020, in order to implement the Implementation Plan for Improving the delisting mechanism of listed companies, which was decided and deployed by the 16th meeting of the Central Committee for Deep Reform, the relevant departments formulated and formed four types of mandatory delisting indicators, such as trading, finance, regulation and major violations, and incorporated them into the new delisting rules. Nowadays, the delisting system is constantly playing the role of market "purifier".

　　According to the information released by Shanghai Stock Exchange, since the beginning of this year, 12 companies on the main board of Shanghai Stock Exchange have been locked out of listing, and 17 companies have been warned of delisting risks. The diversified delisting system has shown its power, delisting has gradually become normal, and the mechanism of survival of the fittest has become more stable.

　　According to the data of Shenzhen Stock Exchange, in 2022, a total of 24 companies in Shenzhen were forced to delist, and the number of delisted companies was close to the sum of the past three years. As of April 30, 2023, Shenzhen identified 20 delisting companies, the number of which was basically the same as that of the previous year, and the normalized delisting mechanism operated in an orderly manner.

　　So, what kind of companies will withdraw from the A-share market?

　　Some are difficult to win the favor of investors. Not long ago, the daily closing price of *ST Xiyuan shares for 20 consecutive trading days was lower than that of RMB 1 yuan, which touched the conditions for termination of listing. Behind the delisting of transactions is the deterioration of business conditions. Relevant reports show that *ST Xiyuan’s main business is missing, its operation is stagnant, its net assets are negative, its large debts are unable to repay, its major assets and subsidiaries’ equity are frozen by the judiciary, and there are many major uncertainties related to going concern.

　　Some information disclosure does not conform to the norms. In the audit report issued for the future of *ST, Asia Pacific (Group) Certified Public Accountants (special general partnership) said frankly: "We can’t obtain the upstream and downstream penetration data of customers and suppliers related to coal trade, the entry and exit data and logistics data of original suppliers and end users, and we can’t verify the authenticity and accuracy of income, and we can’t verify the authenticity, accuracy and recoverability of accounts receivable generated by coal trade. Due to the above restrictions on the audit scope, we failed to implement the necessary audit procedures to obtain sufficient and appropriate evidence for expressing opinions. "

　　Some of the main business income is lower than the listing requirements. *ST Shennan disclosed in the announcement that the company’s net profit before and after deducting non-recurring gains and losses in 2021 was negative, and the operating income after deducting business income unrelated to the main business and income without commercial substance was less than 100 million yuan. In 2022, the company’s audited net profit was negative and its operating income was less than 100 million yuan. This situation touches on the relevant provisions of the listing rules of Shenzhen Stock Exchange on the termination of listing.

　　There are also false records in the annual reports of listed companies for many years, and the actual controller was investigated by the Securities and Futures Commission for alleged information disclosure violations. These triggered the relevant provisions of "mandatory delisting for major violations".

　　"The delisting system is an important basic system of the capital market. Under the background of comprehensive registration system, timely realize the ‘ Jin ’ ‘ with the problem enterprise; Back ’ It is conducive to shaping a healthy and upward capital market atmosphere and better protecting the rights and interests of investors. " Ceng Gang, director of Shanghai Finance and Development Laboratory, told this reporter.

　　Serve entities and save financing resources.

　　Economic activity is a dynamic cycle process, and realizing a virtuous cycle of savings and investment is the most basic and important part. The data shows that from 2017 to 2021, the initial public offering (IPO) and refinancing amount totaled 5.2 trillion yuan, providing efficient financial support for strategic emerging industries and a large number of high-quality enterprises.

　　— — The delisting system plays a better role and can form a positive guide to the market.

　　According to Wang Yi, chief strategy researcher of Huatai Securities Research Institute, since the implementation of the new delisting rules, A shares have gradually formed a diversified delisting mechanism and played a role as a "purifier". On the issuing side, the new regulations have successfully cracked down on the malicious behavior of shell companies to avoid delisting through stricter financial audit. At the same time, the period from identification to delisting of shell companies will be shortened to two fiscal years to speed up the liquidation of problem companies. On the investment side, under the clear expectation of "all should be retired", the speculative mentality of companies with small market value and poor performance has been effectively curbed, and the risk events of listed companies have been paid more attention to, and the investment concept has become more mature.

　　"Relevant data show that since the implementation of the new round of delisting reform on December 31, 2020, the pace of delisting has obviously accelerated. In 2021, 17 companies were forced to withdraw from the market, and in 2022, 42 companies were forced to withdraw from the market. The number of delisting companies in these two years accounted for 40% of the total number of delisting companies in the past 30 years." Wang Yi told this reporter that the withdrawal of problem companies means that more funds will be invested in high-quality companies, and the rate of return on irrational investment will be further reduced, which is conducive to guiding the whole market to form the concept of value investment.

　　— — The delisting system plays a better role and can allocate financial resources efficiently.

　　Zhao Xijun, co-dean of China Capital Market Research Institute of Renmin University of China, said in an interview with this reporter that delisting companies generally have problems such as poor operating conditions, false financial data, and doubtful ability to continue operations.

　　Zhao Xijun believes that the comprehensive registration system has opened the door to accelerated development for more high-quality enterprises. The timely withdrawal of "sick" enterprises from the capital market will play a warning role for the whole market, so that listed and unlisted enterprises can strengthen their awareness of legal compliance and dispel the lucky psychology of "circling money on the market" and "getting something for nothing", thus purifying the market ecology and improving the overall quality of listed companies. Not only that, the delisting system will play the role of "purifier", and it will also enable enterprises that really do business in a down-to-earth manner to obtain a good direct financing environment, thus driving the development of the industry and even the upstream and downstream industries, and realizing the ultimate goal of the capital market to better serve the high-quality development of the real economy.

　　"The delisting system, the issuance system, the trust system and the trading system together constitute the basic system of the capital market. To ensure the good operation of the delisting system is to better allocate valuable financial resources to the places that enterprises really need and promote them to create greater value. " Zhao Xijun said.

　　Support the superior and limit the inferior, and the supervision is not loose.

　　Promoting the high-quality development of listed companies is a complex systematic project and a long-term and arduous task. The CSRC stressed that it is necessary to adhere to the supervision orientation of supporting the superior and limiting the inferior, and further support the head enterprises with outstanding main business and strong competitiveness to become superior and strong, and play a leading role in demonstration; For those who unilaterally pursue diversified development, strictly supervise their mergers and acquisitions and financing behavior; For "shell" and "zombie" enterprises whose main business is shrinking and they do not have the ability to continue to operate, the compulsory delisting system will be strictly implemented and the liquidation will be resolutely promoted.

　　What are the new highlights and trends in the implementation of delisting system? The reporter interviewed Shanghai Stock Exchange and Shenzhen Stock Exchange respectively.

　　According to the relevant person in charge of the Shanghai Stock Exchange, the Shanghai Stock Exchange has carefully formulated and implemented the Work Plan for Auditing the 2022 Annual Report of Venture Companies in Shanghai Stock Exchange, and promoted the supervision of venture companies in stages and with emphasis according to the principle of "moving forward, grasping early and grasping small". On the one hand, through supervision means such as inquiry, interview and on-site inspection, we will crack down on evading delisting; On the other hand, according to the regulations, we will push forward the major illegal delisting of companies such as *ST Amethyst and *ST Zeda as soon as possible, and implement investor protection measures.

　　"Under the background of the reform of the comprehensive registration system, the Shanghai Stock Exchange will continue to adhere to the main business of supervision and smooth the delisting of enterprises ‘ Exit ’ , and constantly improve the delisting risk identification, delisting risk warning, delisting disposal cooperation, delisting decision implementation, delisting business safety operation, delisting supervision and honest supervision and other major delisting mechanisms, and give full play to the joint efforts of supervision to ensure ‘ Retreat, retreat steadily ’ . At the same time, establish a sound evaluation mechanism for delisting system, regularly summarize and evaluate the implementation of delisting indicators, continuously improve the pertinence and effectiveness of delisting indicators, and promote the deepening of delisting system reform. " The person in charge said.

　　The relevant person in charge of the Shenzhen Stock Exchange said that in order to deal with the delisting risk steadily, the Shenzhen Stock Exchange found out the delisting risk base in advance, strengthened the delisting risk monitoring, kept a close eye on the key issues of key companies, and adopted various measures such as interviews and inquiries according to regulations, clarified the regulatory attitude, conveyed the regulatory guidance, and urged the "key minority" of the company and accountants to perform their duties diligently, return to their posts and fulfill their duties, and solidly promoted the delisting supervision work.

　　"At the beginning of January this year, Shenzhen Stock Exchange issued the Notice on Strengthening the Information Disclosure of the 2022 Annual Report of Delisting Risk Companies on the basis of summarizing the previous supervision experience of delisting and fully evaluating the implementation effect of the new delisting regulations. Focusing on the key issues such as operating income deduction, non-recurring gains and losses identification, audit opinion types and abnormal financial treatment, information disclosure is the starting point to urge companies with delisting risks to continue to make risk warnings, strengthen the disclosure of annual reports and audit progress, and guide the market to form reasonable expectations. At the same time, delisting decisions are made in strict accordance with delisting standards and procedures, and relief procedures such as hearing and review are provided. " The person in charge said that next, the Shenzhen Stock Exchange will continue to pay close attention to front-line supervision, maintain the normal order of the market, protect the legitimate rights and interests of investors, and promote the long-term healthy and stable development of the capital market.

　　Zhu Haibin, general manager of the research center of open source securities North Exchange, said that under the comprehensive registration system, listed companies need to continuously strengthen corporate governance, and companies to be listed should improve the quality of information disclosure. Enterprises that have been delisted should also reflect on it in time, do a good job in information disclosure in the delisting sector and seek positive changes in their main business. At the same time, securities companies, accounting firms, law firms and other intermediaries should also perform their respective duties, give full play to their respective professional advantages, and undertake the responsibility of checking and supervising the relevant listed entities, so that the capital market can truly form a virtuous circle of survival of the fittest. (Wang Junling)

　 　 16 days after the acquisition plan was rejected, Gree gave up the acquisition of Zhuhai Yinlong. This result is unexpected to many people.

　　Even when rumors were flying, Dong Mingzhu, the chairman of the board, didn’t reveal the idea of "giving up making cars" at all. However, a sudden announcement made Gree "build a car" come to an abrupt end.

　　"Gree’s fundraising plan was previously rejected by minority shareholders at the shareholders’ meeting. Since then, Gree has indicated that it will change the plan, but its source of funds for the acquisition of Zhuhai Yinlong is inconclusive, which makes the acquisition very uncertain. However, this result is still a bit surprising. Gree’s attitude in building a car was very firm before. " The industry believes that.　

　 　On the evening of November 16th,gree electric appliancesThe announcement said that the company decided to stop planning to issue shares to purchase assets.

　　Gree Electric’s acquisition plan for Zhuhai Yinlong has been controversial since its birth. Three months ago, Gree Electric announced the acquisition plan, announcing the acquisition of 100% equity of Zhuhai Yinlong by issuing shares. After the acquisition, Zhuhai Yinlong will become a wholly-owned subsidiary of Gree Electric. However, the acquisition plan was "voted with their feet" by minority shareholders.

　　At the end of October, Gree’s overall plan to acquire Yinlong and raise funds was finally rejected at its extraordinary shareholders meeting. However, Gree did not disclose his willingness to give up the acquisition. Gree Electric issued an announcement, acknowledging that the proposal on the issue of shares to purchase assets was not passed as a whole, and said that it planned to continue to push forward the issue of shares to purchase assets, and reduce or cancel the matching raised funds. At that time, Gree insiders also said in an interview that they would continue the acquisition, but it would take time to adjust the plan.

　　It is reported that the optimized and adjusted plan will be resubmitted to the board of directors and shareholders’ meeting for deliberation, and the announcement date of the resolution of the board of directors will be taken as the benchmark date for issuance pricing.

　　After Gree’s acquisition plan was rejected, there was an episode in which Dong Mingzhu, the chairman of Gree Electric, changed his position at Gree Group level, causing a sensation in the industry. For a time, people in the industry speculated on the reasons why Miss Dong left the group. Some insiders believe that this may be related to Gree Electric’s acquisition of Zhuhai Yinlong.

　　However, judging from the current actions of Gree, "Miss Dong" gave up making cars in a short time.

　　But this does not mean that Gree does not need to find new profit growth points as soon as possible. Looking at Gree Electric’s annual reports in recent years, we can see that in 2015, Gree Electric’s performance continued to grow, and Gree Electric’s revenue and net profit decreased by 29% and 11% respectively, which was the first time that Gree Electric’s performance declined since its listing. In the first half of 2016, the decline in the company’s performance narrowed.

　　At the same time, "Miss Dong" has repeatedly revealed in public that the air-conditioning industry has entered a saturated stage, intelligence will enter a golden age in the next five years, and Gree has entered a diversified era. Today, Miss Dong enters Gree.intelligent automobileThe promotion of the field has been hindered by many obstacles.

　　"This does not mean that Gree will give up the diversified layout, and the smart industry is still Gree’s new layout direction and future profit growth point." Gree insiders said.

　　This may be another beginning for Gree.