Chery Fengyun T9 opens the global pre-sale price from 159,900 yuan.

Beijing News Shell Financial News (Reporter Lin Zi) On April 18th, at the 2024 Chery Fengyun New Energy Night and Fengyun T9 Pre-sale Activity, the global pre-sale of Chery Fengyun T9 was officially opened, with a price of 159,900 yuan.

At the scene of the 2024 Chery Fengyun New Energy Night and Fengyun T9 Pre-sale Conference, Zhang Guozhong, executive deputy general manager of Chery Automobile Co., Ltd., said: 2024 is the year when Chery Group’s new energy strategy bears fruit and its firepower is fully open. The four brands of Chery Group are fully committed to new energy, and new models will be launched one after another. Fengyun plans to launch 11 new cars within two years.

Editor Sun Wenxuan

Proofread Chen Biyan

Changan finally has a conscience. How to choose Yidong EV?

In recent years, the national economy has developed rapidly, and everyone’s income has also increased to a certain extent. It is very helpful for them to have a scooter for their daily commute. What I bring to you today is that it has many highlights. Next, let’s take a look with Xiaobian.

First of all, from the appearance, Yidong EV’s front face has taken a fashionable and dynamic route, which looks very sporty. Coupled with the headlights, the shape is very sharp. The car is equipped with LED daytime running lights, etc. Coming to the side of the car, the body size of the car is 4740MM*1890MM*1530MM. The car adopts stable and atmospheric lines, which gives people a very dynamic feeling. With large-sized thick-walled tires, smooth lines run through the whole side of the car. Looking back, the rear of the car looks very sharp, and the taillights present a clean and refreshing design style, creating a good gas field.

When I came to Yidong EV, the front face of Yidong EV looked very fashionable and elegant, which made people feel very simple. The steering wheel of the car is well designed, equipped with functions such as manual adjustment of the steering wheel up and down, and the shape is angular. From the central control point of view, the design of the center console is reasonable, which makes the interior style impressive, and the overall design of the central control is very good. The dashboard and seats give people a good feeling, too. Let’s take a look. The dashboard of this car presents a concise design style and looks strong in science and technology. The car uses imitation leather seats, which are wide and thick, and are basically enough for daily use.

Yidong EV matched gearbox, 120KW, 245N.m, with good power performance.

Yidong EV is equipped with traction control (ASR/TCS, etc.), USB,Type-C interface, uphill assist, rear reversing radar, remote control key and other configurations, which can be said to be quite satisfactory.

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!

BYD Seagull vs Honda Fit

At the auto show, BYD Seagull won an order of over 10,000 units within 24 hours with a pre-sale price of 78,800-95,800 yuan. However, some netizens think that the pre-sale price is a bit expensive, so after Seagull officially went public, the guide price was lowered to 73,800-89,800 yuan. The appearance of this BYD car is bound to seize some sales of competing models such as Wuling Bingo, and may even take away many orders originally belonging to BYD Dolphins.

BYD Seagull is 30cm shorter than Honda Fit, but its wheelbase is 2500mm, which is almost the same as Fit. Taking an adult male of 176cm as a reference, seagulls have ample head space, and the leg space is two fists apart, while Honda Fit has similar performance.

From the sense of space, seagulls are not inferior to Fit. The positioning of seagulls is the layout of five doors and four seats, and the fit can realize the full load of five people. In addition, Fit is a famous "space magician". Even if a child seat is installed, it is no problem to sit with two girls.

If we talk about interior decoration and configuration, Fit and Seagull have different directions. In the mid-term, Fit is equipped with a 7-inch full LCD instrument panel and an 8-inch central control panel, while Seagull comes standard with a 10.1 adaptive rotating PAD, and has a built-in DiLink intelligent network connection system, which supports rich third-party entertainment applications such as online navigation, and is both practical and entertaining. There is also a mobile phone wireless charging board in the front row. The practical proportion of high-strength steel in the whole car is as high as 61%, and the front side airbag is added with high allocation, which is more secure. BYD Seagull is equipped with a 3-in-1 motor, with a maximum power of 55kW and a peak torque of 135Nm, which is sufficient for walking and a maximum speed of 130km/h, suitable for commuting in cities. The seagull is equipped with a blade battery, and its cruising range is 305 km or 405 km under CLTC conditions. The whole system comes standard with fast charging, which can be charged from 30% to 80% within 30 minutes.

In terms of driving pleasure, or sometimes need to run long distances, Fit has an advantage, because Honda’s chassis and suspension are better adjusted, including the texture of steering and intense driving, which is Honda’s strong point for many years. In this modification, the new Fit is equipped with a 1.5-liter naturally aspirated engine code-named L15CC, with a maximum power of 91 kW and a peak torque of 145 Nm.

To sum up, BYD Seagull and Honda Fit have their own advantages and disadvantages at this price, depending on your car demand. If you use it as the only car in your family, Fit has stronger household attributes, and the five-seat layout and power advantages make it more convenient for you to commute in daily cities and travel long distances during holidays, and the maintenance cost is also lower, which is suitable for consumers with tight budget and urgent need to buy a car. BYD Seagull is more suitable to buy a personal scooter or a family car. The electric car itself has the advantages of quieter and smoother, and with better workmanship and smart car, it will be more comfortable on the way to and from work. It’s very convenient and fun to get together with friends on weekends. Moreover, it can save a lot of fuel costs and support fast charging.

Fit sold 4,350 vehicles in March, while Seagull’s 24-hour pre-sale order has exceeded 10,000. Obviously, the small car market is making a comeback. Fit has Honda’s brand advantages and years of product reputation, and BYD has also been recognized by the market as having brand appeal. Who do you think will win the next market competition?

海鸥

If you plan to buy, will you choose Fit or Seagull? Leave a message to share your opinion with us.

BMW i5 offers preferential price and power.

The richness of a car configuration is related to the user’s car experience, so many people are concerned about its configuration today. Come and see it quickly.

Let’s take a look at the appearance of the BMW i5 first. The design of the front of the BMW i5 is very simple and fashionable, and it looks very sharp. At the same time, the headlight presents a simple design style, from which many interesting details can be seen. The car is equipped with LED daytime running lights, automatic opening and closing, adaptive far and near light, delayed closing and so on. Come to the car side, the car body size is 5175MM*1900MM*1520MM, the car uses comfortable lines, the car side looks very avant-garde, with large-size thick-walled tires, the shape is quite clean. In the design of the rear end, the rear end looks domineering, the taillight style is dynamic, and the overall layout is impressive.

Sitting in the car, the interior looks very dignified and functional. The steering wheel of this car is very young and personalized, made of genuine leather, and has a high palm fit. Take a look at the central control, with the 14.9-inch touch-sensitive LCD central control screen, which makes the interior style impressive and has a certain sense of technology. The dashboard and seats are equally eye-catching. The dashboard of the car presents a cool design style, and the information is easy to read and clear. The car adopts leather seats, and is equipped with functions such as auxiliary seat with memory electric adjustment and seat with memory electric adjustment, which further improves the comfort of drivers and passengers.

The BMW i5 is equipped with a motor with a total power of 210KW and a total torque of 410N.m It has good acceleration, excellent cruising range and good power performance.

The space performance of the BMW i5 trunk is OK. If there are big items during the trip, you can put down the rear seats, which is not a problem 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.

After reading this car, I believe you also have a general understanding. This level of models can often take into account the cost performance and practicality, and is often considered by most consumers as the first choice when buying a car.

Biden is going to fight the American tiger.

The original market value observation is included in the topic # Google 1# Amazon 1# Apple 4#Facebook1.

Getting bigger, but not getting better.

Author/Sai Wen

Editing/Xiaoshimei

"absolute monarch" American technology giants, finally let Biden watch not bottom go to.

Recently, US President Biden signed an executive order, calling on federal government agencies to adopt policies to counter the actions that may stifle competition, lead to price increases, restrict consumers’ choices, reduce mergers and acquisitions, and crack down on monopoly giants in various industries.

The technology industry will bear the brunt of the impact. Previously, more than 30 states had launched anti-monopoly lawsuits against large American technology companies such as Amazon, Google, Apple and Facebook.

This article will focus on the following three issues:

1. What does Biden’s executive order and the new anti-monopoly bill mean to American technology giants?

2. Why are the top technology companies that once made Americans proud regarded as the chief culprit of the US economic recession?

3. Why has the government’s anti-monopoly against technology and Internet companies become a global trend?

one

Heavy-handed antitrust

The executive order signed by Biden this time puts forward guidance and restrictive measures for anti-competitive practices in science and technology, medical care and other fields. At the same time, it aims to increase workers’ income and provide protection for consumers. It involves 12 government departments and contains 72 specific administrative instructions.

▲ Biden signed an executive order.

Specifically, there are a lot of contents in the executive order pointing to the American technology giants.

M&A has become the focus of the U.S. government’s supervision in the science and technology industry, and technology giants will be subject to stricter restrictions when acquiring other small enterprises, especially those emerging competitors;

Introduce new restrictions for online monitoring, user data, etc.

Encourage the Federal Trade Commission to establish rules to prevent Internet companies from using unfair competition methods;

Encourage the FTC to prohibit consumer electronics manufacturers from excluding third-party maintenance policies.

Some media pointed out that Biden’s administrative instructions were specific to each executive department, and even included details about how to review transactions and competition activities, compared with previous governments that left tasks to various departments.

The determination is great and the plan is concrete, which is the most in recent years.

The unfair market environment brought by the monopoly of American technology giants has also led to the lack of innovation in the United States. Coupled with the rising price level and the falling wage level, American consumers and workers have become the payers of the carefree life of technology giants.

If Biden’s executive order can be successfully implemented within a few months, it will undoubtedly bring great pain to a number of large American technology companies.

The splitting of core business and departments, the reduction of product functions, the rejection of mergers and acquisitions, and the strict restrictions on data collection are all big troubles that technology giants will probably face.

The U.S. government, which has always held high the anti-monopoly issue for its own technology enterprises, is finally going to be serious.

2

Cunning tycoons

American technology companies are best at labeling themselves as innovative, free, transparent and shared, but in fact they are well versed in the way of "store bullying customers".

The unbearable White House, the new policy introduced this time, completely exposes how American technology giants put their own interests above consumers, and how they rely on their deep pockets to let small companies choose between death and annexation.

Just GAFA(Google Amazon Facebook Apple) can list countless examples.

▲ In July 2020, the CEOs of the four major American technology giants attended the antitrust hearing with the same screen.

Facebook maintains its market position by preventive acquisition. If you can’t buy it, copy it.

There is a special early warning intelligence department within Facebook, which mainly focuses on small start-ups that are innovating and developing products that may pose a threat to Facebook in the market. Once these companies become small, Facebook will immediately buy them. The acquisition will not achieve plagiarism and imitation, and then use its own number of users to crush each other. In short, it is necessary to absorb competitors or squeeze out the market.

Within the company, there is even a widely circulated philosophy: don’t bother to copy because of your pride.

Instagram was founded in 2011, and Facebook bought it for $1 billion in 2012. In 2014, Facebook spent $19 billion to buy WhatsApp, the largest instant messaging software in the world at that time.

Once those opponents were acquired and handed over users, markets and data, Zuckerberg stopped paying attention to them, but continued to put Facebook at the core of the product matrix, and even continued to let Facebook copy the algorithms and functions in various applications.

Amazon pretends to be a trading platform that provides matching services, but chooses to trade at the end and treat itself with peace of mind.

As an e-commerce platform, Amazon can obtain commercially sensitive information such as goods and transactions of third-party merchants. It "forces" consumers’ data from merchants, and makes customers’ preferences clear. These data analysis are not used to improve the experience of both parties to the transaction, but are used by Amazon to sell its own goods.

What other people sell well, Amazon will produce and put on the shelves, and let the self-operated goods occupy the recommendation position, pushing the competitive goods aside. The dual identity of platform and trader gives Amazon the opportunity to use its own data advantages to damage the fair market environment.

Both merchants and consumers finally find that the result of their selling and buying is nothing more than a wedding dress for Amazon’s stock price soaring.

▲ Protesters put up banners of "Let Amazon pay the price" and "We are not robots and data"

Google "rightfully" engages in the overlord clause.

The Android system made by Google has taken the lead in the global mobile phone system market share. As a result, Google "justifiably" makes global mobile phones tied to its own ecology. Chrome is pre-installed in the browser, Gmail is pre-installed in the mailbox, YouTube is the video software, and Google Maps is pre-installed in the map … No matter which country’s brand wants to use Android on the mobile phone, it must first bind the Google three-piece suit.

So far, there is only one country in the world where users can avoid the Google three-piece bundle, and that is China.

As long as the mobile phones sold in Chinese mainland are based on domestic manufacturers’ systems such as emui and miui, or foreign brands such as Samsung and LG equipped with Android, there is no need to pre-install Google. The appearance of Huawei’s self-developed HarmonyOS system makes Google’s idea of bundling even more difficult.

When Apple sells products, it wants to make money for maintenance.

Apple, which does not recognize third-party maintenance, does not support self-disassembly, and does not guarantee without spending much money, can achieve "one fish and three meals" on a piece of equipment-selling machines to earn a sum of money, repairing machines to earn a sum of money, and preventing machines from repairing to earn another sum of money.

In order to get official certification, consumers have to pay several times the price of roadside maintenance booths to get their equipment back.

Monopoly brings unparalleled market power and makes American technology giants "lawless". America’s innovation ability is being eroded by mergers and acquisitions, shanzhai, plagiarism and overlord clauses of these big companies, and the people have to pay for all these consequences.

"Capitalism without competition is not capitalism, but exploitation." This is Biden’s evaluation of monopoly enterprises.

▲ Biden tweeted: "I make it clear that capitalism without competition is not capitalism, but exploitation."

In the face of administrative orders and the latest anti-monopoly law, technology giants will not give in easily.

As soon as the bill came out, executives, lobbyists and propaganda groups of technology giants came to Congress and departments’ offices, found every relevant member of parliament, bombed mailboxes and telephones, and played up the terrible consequences of these laws.

"Anti-monopoly law should promote competition and protect consumers, not punish successful American companies." I don’t know if they can believe this kind of wandering speech …

three

Global wave

With the improvement of the epidemic situation, governments around the world have gradually shifted their attention to the economic field. Coincidentally, whether in the United States, China or the European Union, the government has put the anti-monopoly against technology giants in a prominent position, and it has taken unprecedented measures quickly and severely.

It has become a global wave to crack down on large-scale technology groups over the interests of consumers.

What is the logic behind this?

First, the characteristics of the technology industry itself make the consequences of monopoly more harmful to society.

Technology and network companies are not only selling a commodity, but also grabbing attention and creating a system ecology. The resources mastered by the technology giants can constantly March into other fields. An Internet-born enterprise can do news and software, as well as sell cars and engage in finance.

The traffic and users they get in the field of science and technology can be completely migrated to another field in this era. Then the monopoly in science and technology means that these giants may realize cross-market and cross-field monopoly in the future, and then the monopoly in the whole market and all fields.

▲ All-encompassing Google product matrix

When the user’s attention and all the users’ ecology are pinned on a few products, in fact, the individual has become a tool person at the mercy of capital.

The market loses competition, consumers lose choice, and large companies can complete the harvest without effort. So how can the government and individuals expect the market to be dynamic?

Second, the window of global technology upgrading has arrived, and all countries need to complete enterprise adjustment to adapt to the next stage of international competition. No matter whether a country’s technological development is mature or not, the anti-monopoly efforts against technology giants at the national level will only become stronger and stronger.

At this stage, 5G technology is gradually maturing, and the world is moving from the era of mobile internet to a new era of Internet of Things. The government should not only ensure that the domestic market is free from exploitation by foreign enterprises, but also fully stimulate the vitality of the market at key time nodes, so that those innovative enterprises that should take off in the next era will not be strangled in the cradle by giants.

At the same time, moderately beating the giants with the best resources, the strongest ability and the strongest financial resources is also to guide them to re-focus on technological research and innovation. Let them do something more "difficult", instead of letting consumers have no choice but to pay for some unskilled bullying behavior.

From this perspective, governments all over the world, including China and the United States, stand at the same starting point in science and technology antitrust.

The difference is that, compared with us, Biden has to use a much more complicated means to confront more and more cunning scientific and technological "elites" who have no fear of the government.

Good luck to him …

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Original title: "Biden is going to fight the American tiger"

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Baojunyue is also exposed to the real car, with fashionable shape, interior with double screens and pure battery life of 303 kilometers.

Recently, I got the real car picture of Baojun’s brand-new pure electric vehicle from relevant channels. The new car adopts off-road style design, positioning the city pure electric SUV, with a compact and fashionable shape, a wheelbase of more than 2.1 meters, a three-door design, and a dual-screen interior. The pure electric battery life is 303 kilometers. Let’s take a look at the specific performance.

First of all, in terms of appearance, the overall shape of the new car is fashionable, adopting a hard-core off-road design style. The front face is decorated with a horizontal air intake grille, and the headlights on both sides are integrated into it. The four-point LED daytime running lights are highly recognizable, with Baojun’s brand-new logo in the middle, and the size of the lower enclosure is very large, and the metal guardrail decoration is used to further increase the hard-core atmosphere.

The side shape is square, the A-pillar is designed in black, with a black roof rack, and the rearview mirror is also in double color matching. The multi-frame two-color wheel hub is fashionable in shape, and the wheel eyebrows expand outward, further increasing the hard-core atmosphere. Moreover, the new car adopts a double-door design, with a vehicle size of 3381/1685/1721 mm and a wheelbase of 2110 mm.

Vertical taillights are used at the tail, with a zigzag design inside, and two black decorative strips are used to connect the upper and lower parts, with a small backpack. However, at present, the specific use is unknown, and the size of the lower enclosure is relatively large. It is also decorated with metal guardrail, which echoes the front of the car. The whole is layered and highly recognizable.

In terms of interior, the new car will be equipped with large-size floating double screens, the air conditioning outlet will be rectangular, and the three-position multi-function steering wheel will also be in a brand-new style, with knob shifting mode and electronic handbrake.

In terms of power, according to the previous news, the new car will adopt a rear single motor, and it will adopt the form of rear drive. The maximum power of the motor is 68 horsepower, and the lithium iron phosphate battery pack is used, with a maximum battery life of 303 kilometers.

The new car is compact, especially in big cities. It is easy to drive and stop, and it is very convenient to use the car. Moreover, it looks like Tank 300. Combined with the large-screen design of the interior, it is expected to win the love of young people. The new car is expected to go on sale in the near future, but the specific time is unknown, so we will continue to pay attention to more information about the new car.

Announcing his participation in the 2018 general election, can Putin take Russia for another six years?

  BEIJING, Dec. 7 (Reuters)-On December 6, local time, Russian President Vladimir Putin announced that he would participate in the Russian presidential election in 2018. As soon as this news was announced, it immediately became a hot topic. It remains to be seen whether Putin, who has served as president for three times, can be re-elected next year and continue to lead Russia.

  Announce one’s candidacy at the "best time"

  Since the beginning of this year, with the approaching of the 2018 general election, whether Putin will seek re-election has been concerned by Russia and abroad. Previously, Putin was asked on several occasions whether he would participate in the 2018 general election, but he did not respond positively.

  On the 6th, when Putin participated in an activity in an automobile factory, he finally made it clear that he would participate in the presidential election in March next year. Putin said to the workers in the car factory under the stage, "There is really no better time than now." The news has been announced, and warm applause broke out at the scene.

  Putin has always had a high popularity in Russia. According to a poll conducted by the Russian polling agency "Social Opinion" Foundation at the end of November, most Russians are satisfied with Putin’s administration. If Putin stands for election, two-thirds of the respondents will vote for Putin.

  Data map: Russian President Vladimir Putin

  If re-elected, he will be in power until 2024.

  If he is re-elected in next year’s general election, the 65-year-old Putin will serve as Russian president for the fourth time, which means that his years as president are expected to reach 24 years.

  In March 2000, Putin was elected president of Russia for the first time and was re-elected in 2004. According to the Russian constitution, Putin cannot continue to serve as president after being elected twice. From 2008 to 2012, Medvedev served as President and Putin as Russian Prime Minister. In 2012, Putin was re-elected as president.

  According to the revised Russian Constitution, the term of office of the president is changed from 4 years to 6 years. Therefore, if Putin wins the presidential election in 2018, he will continue to be in power until 2024 without any accident.

  Who are the competitors?

  According to the schedule, the Russian presidential election will be held on March 18, 2018, and the election campaign will begin in December this month. Russian political parties will hold a party congress in December to launch their own presidential candidates.

  At present, besides Putin, there are also zhirinovsky, leader of the Russian Liberal Democratic Party, zyuganov, chairman of the Central Committee of the Russian Communist Party, Yavlinski, founder of the Yabolu Party, and sobchak, a TV hostess.

  In addition, Putin’s "old partner" and current Russian Prime Minister Dmitry Medvedev said that he would not participate in this election. Medvedev told the media earlier: "Personally, at this stage, in this political cycle, I will not run for president."

  However, Medvedev also said that he will continue to be in politics.

  Data map: Medvedev and Putin

  What achievements has Putin made in these years?

  Putin has been president for more than ten years since 2000. It is widely believed that since Putin came to power, Russia’s economy has been boosted, and drastic actions have been taken in anti-corruption and other fields. The media previously reported that after Putin came to power, by 2015, Russia’s nominal GDP had increased 14 times, and the country’s foreign debt had dropped from $150 billion to $50 billion.

  In November 2017, Putin said in a discussion with railway employees that Russia’s economy has stepped out of recession and entered the stage of sustainable development and growth. "This is very important. Because whether it is social security, citizens’ income level, or national defense capabilities, including security, it all depends on the economic level and is closely related to the economy. "

  As far as national defense is concerned, Putin believes that Russia has also undergone positive changes. "It is obvious that we have not only improved our economic independence, but also strengthened our national security." Putin said.

  Data Map: On May 10, 2017, in Sochi, Russia, Putin attended the 6 th All-Russian Ice Hockey Festival of the Night Hockey League.

  Athletes are multi-faceted "tough guys"

  Putin’s image as an "iron-fisted politician" is deeply rooted in people’s hearts, and his tough image has won him the title of "tough guy".

  As we all know, Putin is a KGB background, a master of judo and taekwondo, and a rare "practitioner" in international politics. In addition, he also loves sports, likes hunting, horseback riding, and ice hockey. In recent years, he has to show his skills in the ice hockey field almost every year.

  However, this tough guy also has a gentle side, the first of which is his love for his family. Putin rarely talks about his family. He said that he did not want to expose the identity of his grandchildren and did not want his children’s lives to be disturbed. However, the grandfather of two children also said that he loves his daughter and grandchildren and is proud of them.

  Putin is also a super animal lover and an out-and-out "shovel officer". He has owned many pet dogs successively, and he is often given pet dogs by various countries.

  Data Map: On October 11th this year, Putin met with Turkmenistan’s President Gurbanguly Berdymuhamedov and was presented with the unique Arable Dog in Turkmenistan.

  "eloquent" witty remarks

  In addition, Putin is also known for "being able to talk". In addition to delivering the State of the Union address every year during his presidency, since 2001, he has also started the tradition of holding an annual press conference for Russia and created the program "Direct Connection with Putin".

  Since 2000, Putin has delivered 13 State of the Union addresses, held 15 "Direct Connections with Putin" and held 12 annual press conferences. In these activities, Putin often "chats" for hours, and the witty sentences appearing in his speech are praised.

  This year’s annual press conference of the Russian President is scheduled to be held on December 14th. According to Russian media reports, this year’s State of the Union address may be postponed until 2018.

A-share listed company Leo shares indirectly invested 320 million in Space X, and the funds were returned.

(Guanwang Finance Wang Muju) As an A-share listed company, Leo (002131.SZ) invested 50 million US dollars (about 320 million yuan) in Space X owned by Musk, but it was unexpectedly returned. Not only did the "dream of heaven" fail to come true, but the performance of Leo shares itself could not satisfy the shareholders: the net loss in the first three quarters was 88.5706 million yuan.

After the "embarrassing thing" that the investment was returned, Leo shares once fell to the limit on November 25. At the close, Leo shares fell 10.11% to 2.49 yuan, sealing the daily limit. This series of operations of investing in Space X not only made Leo shares receive a letter of concern from the Shenzhen Stock Exchange, but also made investors’ doubts increasingly boiling.

Screenshot of social media

After the market opened today, as of 9: 40: 18, Leo shares reported 2.44 yuan per share, which continued to fall.

A-share companies invest in Musk to build rockets, and American companies refund their faces.

According to public information, the original business of Leo shares is traditional manufacturing, covering a relatively complete industrial chain in the whole pump industry. In 2007, it was listed on the SME board of Shenzhen Stock Exchange. In 2014, Leo entered the field of digital marketing business through the acquisition of companies such as Manku Advertising, and gradually developed it into one of its main businesses.

On the morning of 25th, Leo announced that its wholly-owned subsidiary Leo Investment, as a limited partner (LP), and the investment partnership Tomales Bay Capital Anduril III, L.P. (TBCALP, located in the United States) had its capital contribution of USD 50 million returned. The reason is that TBCA GP, the general partner of the partnership, said that he could not accept Leo Investment’s continued holding of LP shares, and planned to refund the contribution of Leo Investment.

Announcement screenshot

Comprehensive public information, the whole thing is like this:

On 15th of this month, Leo signed an agreement with TBCA LP through its wholly-owned subsidiary "Leo Investment". Leo invested US$ 50 million to invest in the project with TBCA LP. The target is Space X, a well-known company engaged in rocket launch and satellite communication ("Star Chain"), and its founder is Musk.

The next day (16th), Leo Investment set aside the cash.

On November 18, Shenzhen Stock Exchange issued a letter of concern, requesting Leo to disclose the details of TBCA before November 22, including but not limited to the fund size, organizational form, capital contribution method, capital contribution progress, duration, exit mechanism, etc., and explain the specific arrangements and progress of investing in Space X.

Letter of Concern from Shenzhen Stock Exchange (partial)

However, during this time window, the secondary market has already reacted violently. On November 17th and 18th, Leo shares went up for two consecutive days, and on the 19th, its share price once reached a short-term high of 3.08 yuan per share. However, Leo shares soon announced that the other side of the ocean changed its mind: TBCA’s general partner (TBCA GP) said that they could not accept Leo’s investment to continue to hold LP shares, and planned to return the capital contribution.

Open your eyes:

The general partner (GP) has the right to manage the partnership and acts on behalf of the partnership. Limited partners (LP) contribute, while GP contributes. Everyone enjoys the investment income together. The identity of Leo shares in the cooperation is LP. To put it simply, Leo shares gave money, but TBCA GP replied: I won’t do this job, you can take the money back.

Leo shares immediately expressed opposition. On the 24th, the money was returned by TBCA.

According to the announcement, Leo shares believe that there is no legal basis for TBCA to terminate the agreement, and it will not accept the return of investment funds and the recovery of LP shares held by Leo Investment. The Company reserves all rights to safeguard the interests of the Company, including but not limited to initiating judicial proceedings.

On the 25th, Leo shares once fell, and finally closed down 10.11% to 2.49 yuan, sealing the daily limit.

Wind screenshot, the same below.

In Leo stock bar, many angry netizens gathered together and questioned its "advertising", "cheating money" and "fooling people".

Hot concepts are all in one, which was named by Shenzhen Stock Exchange twice this year.

The performance data shows that Leo shares achieved revenue of 14.4 billion yuan in the first three quarters of this year, a year-on-year increase of 35.61%; But the loss is also obvious. According to Time Finance, Leo shareholders explained that "the third quarter was mainly due to too much investment losses, which led to a decline in net profit." The person also stressed that "investment can now be regarded as our third main business."

In addition to making rockets, chips, new energy, meta-universe and other popular tracks, Leo shares are involved.

According to public information, Fujian Pingtan Liheng Investment Co., Ltd., a subsidiary of Leo Co., Ltd., signed an agreement with Shanghai Lakeside International Equity Investment Management Co., Ltd., with a capital contribution of 26.5 million yuan (accounting for 999.9623%) to set up a company, and plans to invest in a single equity project in the field of chip design and production. The target is Xima United Measurement and Control (Quanzhou) Technology Co., Ltd.

In 2016, Leo invested in Beijing Chehejia (predecessor of LI), holding 11.75% of its shares, and laid out the field of intelligent electric vehicles. LI’s subsequent popularity made Leo shares almost "famous overnight". In 2021, Leo was listed and traded in science and technology innovation board through the new scenery (688663.SH) invested by its "Pingtan Liheng" company, and laid out the high-power power electronic energy-saving control technology and its product track.

As of June 30 this year, the ending balance of other non-current financial assets of Leo shares was 7.704 billion yuan.

When the market is hot, Leo shares will almost lay out what they want, and the hand speed is fast: during the epidemic, Leo shares laid out the mask field, and it took less than half a month from preparing to set up a medical device company to formally putting the production line into production.

Because of a series of cross-border investments that can’t be played by gossip, in the eyes of many people, Leo shares have become a "hot spot professional household".

In July this year, the company said it planned to invest 100 million yuan to participate in a power battery investment fund; In the same month, the company also announced that it would spend 2 billion yuan on securities investment. This year’s hot meta-universe, Leo shares also participated in it: On November 16th, Leo shares replied to investors on the interactive platform that as early as 2020, the company began to try to apply AI artificial intelligence and AR augmented reality technology to e-commerce live broadcast, and realize the scene application of virtual anchors in multiple dimensions, including self-built virtual anchors for cultivation and marketing, and creating its own AI spokesperson. At the same time, it has also been promoting innovative marketing activities such as the endorsement of virtual idol IP, laying a solid foundation for the real arrival of the meta-universe.

Screenshot of China Economic Net page

Earned enough attention, but Leo shares have not been paid attention to by Shenzhen Stock Exchange for the first time this year.

Not long ago, on September 15th, Leo Co., Ltd. just sent a reply to the "Inquiry Letter on the Semi-annual Report of Leo Group Co., Ltd. in 2021" issued by Shenzhen Stock Exchange (Inquiry Letter [2021] No.9 of the Company Department for Semi-annual Report), explaining that its wholly-owned subsidiary Jiangsu Wansheng Advertising Media Co., Ltd. (hereinafter referred to as Wansheng Advertising) has made full provision for bad debts of its customers and there are a series of problems in the annual industrial and commercial inspection.

It is worth adding that in addition to investment, the digital marketing business of Leo shares also attracts the attention of the outside world:

In the investor relations activity on May 14th this year, some investors asked: In 2020, the company’s advertising business in ByteDance (huge engine) exceeded 7 billion yuan, up 17% year-on-year. Is there any profit output for a company with a dividend of 700 million yuan?

In response, Leo shares responded: "There is no such thing as what you said."

In August this year, Leo announced that Evergrande Real Estate had failed to pay the advertising fee as agreed in the contract and failed to pay the commercial tickets that had expired, and its subsidiaries took Evergrande Real Estate to court, applying for a total preservation amount of 356 million yuan. Leo shares may have been in the hot spot.

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

2022 Land Rover Range Rover Executive Creation Extended Price from 1.58 million.

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  Disclaimer: The above car purchase preferential information is provided by the comprehensive dealers of this website, and the price fluctuates greatly due to market factors, which is only for car purchase reference; The distributor is responsible for its authenticity, accuracy and legality, and this website does not provide any guarantee or assume any legal responsibility.

Aouita 2024 Spring Conference will be held tonight, and 2024 models of Aouita 12 models will be launched.

On March 29th, the official announcement of Aouita 2024 Spring Conference will be held at 17:30 today (March 29th) to launch the 2024 Aouita 12 model ().

Aouita announced on March 24th that the order for its pure electric car Aouita 12 exceeded 40,000 units. At the same time, the car is about to launch a new color scheme called "",which is expected to be the model in the poster.

In February this year, Chen Zhuo, President of Aouita Science and Technology, announced at the user meeting. It said that under the situation that the supply of spare parts is facing great challenges, Aouita joined hands with Huawei to speed up the supply guarantee, and delivered more than 2,000 units in 20 days and exceeded 5,000 units in January, striving to overcome the delivery problem of hot-selling models and speed up the delivery of products to users.

Aouita 12 was delivered nationwide on December 10th, 2023 and listed on November 10th. The car has launched three models, and the price range is 30.08-40.08 million yuan.

Its length, width and height are 5020*1999*1460mm, and its wheelbase is 3020 mm. The streaming media exterior rearview mirror can be selected. In front of the windshield, Aouita 12 is equipped with a signature HALO screen, which contains 10,500 light beads, and can display rich scene modes after OTA.

Aouita 12 is equipped with a cockpit based on 4 development, equipped with two electronic exterior rearview mirrors with 6.7-inch high-definition display, with a resolution of 1280 * 720; Nappa leather seat, steering wheel and dual 50W adaptive wireless overcharge are standard in the whole system. The front row is equipped with double zero-gravity seats. Both seats support one-button zero-gravity, three-speed temperature heating, SPA-level 8-point massage, ventilation and other functions, and support remote start.

The car comes standard with 29 intelligent driving sensors, including 3 laser radars. With the blessing of Huawei ADS2.0, it can realize intelligent driving NCA without relying on high-precision maps.

In terms of power, the Aouita 12 four-wheel drive model is equipped with Huawei DriveONE dual-motor system, and the maximum power of the front and rear motors is 195kW and 230kW; respectively; In addition, the new car also offers a single motor model with a maximum power of 230kW. As for the battery, the new car is equipped with the battery pack provided by Contemporary Amperex Technology Co., Limited, with a pure electric cruising range of 650km and 700km. The whole car is equipped with a 750V full-stack high-voltage overcharge platform, which can quickly recharge 50%(30%~80%) in 20 minutes.