Original hardcore off-road WEY tank 300 real car spy photos exposure, double spare tire design highlights super off-road performance.

Spy photo express

WEY’s appearance adopts the square box shape commonly used in hard-core off-road vehicles, which is obviously different from the urban streamlined design style of the previous generation models of WEY brand, but it is somewhat similar to it. This masculine shape is easy to stimulate male hormones! It’s exciting!

The side spy photos show that the ground clearance of the real vehicle is high, and the approach angle and departure angles are large, so the off-road performance is worth looking forward to. It is worth noting that in the spy photos, a spare tire was placed on the tailgate and another spare tire was placed under the car. The design of double spare tires can be said to be fully prepared for high-intensity off-road

The interior design still has a certain sense of luxury, especially the two connected screens, which are very imposing. It is estimated that its car system will be more comprehensive and more powerful.

In terms of power, WEY300 has three power forms: fuel /HEV/PHEV, equipped with 8AT gearbox and 9AT gearbox. 3.0 GDIT engine+China’s first vertical 9AT gearbox, the power reaches 260 kW, and the peak torque is as high as 500 Nm. After matching P2 hybrid system, the total power reaches 380 kW and the total torque is as high as 750 Nm!

It is also equipped with an active suspension system with an adjustable range of 120 mm and a wading depth of 965 mm, so it can easily cope with moderate urban floods.

Such powerful power parameters and strong enough chassis settings make WEY tank 300 invincible in the off-road "battlefield"!

Technical analysis

On July 20th, Great Wall Motor announced that it would build a modular "Lemon" platform, use "Tank WEY" to build a luxury off-road vehicle belonging to China, and build a temperature-sensitive "coffee intelligence" architecture that can interact with AI.

Lemon, tank and coffee seem to have nothing to do with intelligence and technology, but they are the blueprint for Great Wall Motor to move forward in the next decade. The protagonist WEY Tank 300 in this paper is the first model of modular lemon platform.

WEY tank 300 is the beginning of the green lemon platform, and more SUVs and pickups with strong performance and different styles will be born. Standardized modular design and high scalability enable Green Lemon Platform to quickly build a series of exquisite models with outstanding performance and stable quality at very low research and development cost.

Brand impression

The first impression of WEY brand comes from this unique vertical logo, which originated from the flagpole of the landmark building "Baoding Zhili Governor’s Office" in Baoding, China, the hometown of Wei Jianjun, the founder of Great Wall Motor Group. The unique logo carries Wei Jianjun’s high-spirited fighting spirit. The English word ""below means "guidance and leadership".

WEY brand was born in November 2016. As an independent luxury SUV brand in China, WEY was destined to be a pioneer from the day it was born, and it was surrounded by more auras, but it also shouldered greater responsibilities.

In 2017, we moved from pioneering to leading: using standards to set a benchmark for the leaders of luxury SUVs in China; We forge ahead, leading China brands to break through themselves and keep moving forward.

In 2018, we will surpass WEY: from WEY in China to WEY in the world, and become the pioneer of China brand’s upward and outward breakthrough.

In 2019, a new vision, a new world: WEY was inspired by design and became the choice of young people; WEY is perceived by China customers with China style; WEY is guided by strength and is determined to move forward; WEY opens up a new world with a forward-looking vision.

In 2020, WEY Tank 300 was born, adhering to the mission of "bringing luxury at your fingertips to China and WEY luxury to the world" and taking "becoming a global luxury SUV leader" as the vision.

Do not forget your initiative mind, keep moving.

Musk has arrived in Beijing with only one goal: to fully land Tesla’s fully automatic driving in China.

Sudden visit promotes the landing of FSD in China

In May, 2024, the CEO suddenly appeared in Beijing, and the core goal of this trip was to promote Tesla’s fully automatic driving (FSD system) in the China market. Musk has repeatedly stated that FSD is Tesla’s and his most important technical field.

Musk’s trip to Beijing has two major goals. He hopes to be allowed to transmit the vehicle driving data collected by Tesla in China to foreign countries for training the FSD algorithm. Automobile data is very important for the development of driverless technology. Having a large number of driving data in real scenes can greatly improve the accuracy and reliability of the algorithm.

Musk will seek China’s approval for the full implementation of the FSD system in China. At present, FSD has been approved in the United States and other countries and regions, but it has not been approved in China, the world’s largest market. Musk’s trip is intended to convince the China government that Tesla’s FSD system has the ability to operate safely and reliably in complex road conditions.

Goal 1: Training algorithm for data transmission in China.

When Musk was in China, he reiterated that Tesla will invest nearly $10 billion in training and reasoning artificial intelligence this year, especially the AI technology related to driverless driving. This shows that he has high hopes for the landing of FSD in China and is willing to invest a lot of money in training.

To achieve this goal, the key lies in obtaining the permission of China government to transmit the massive vehicle data collected in China to foreign countries. Due to the consideration of data security and privacy protection, China has strict control over cross-border data flow. Musk will start negotiations with China on this trip.

If it is allowed to transmit data, Tesla will be able to optimize and train the algorithm of FSD by using a large number of real driving data collected in China, a complex road environment, thus greatly improving the applicability and safety of the system on the roads in China. This is crucial for the full landing of FSD in China.

Goal 2: Seek the approval of China government for the full implementation of FSD.

Another important goal of Musk is to persuade the China government to approve the full implementation and commercialization of the FSD system in China. At present, FSD has been approved to go on the road in American states, but it has not been approved in China, a huge potential market.

Musk’s trip may provide a lot of test data and evaluation reports for the safety and reliability of China’s FSD system to prove that FSD has the ability to operate safely and reliably in complex urban road environments.

If it can be approved by the government of China, it will be a major breakthrough in the commercialization of FSD on a global scale. China is not only the largest new energy vehicle market in the world, but also one of the countries with the most complicated road conditions. Once FSD has landed in China, it will lay the foundation for its landing in other markets in the world.

China government attitude

Facing the above two demands of Musk, the attitude of China government will directly determine the process of FSD landing in China. Judging from the available information, China has an open but cautious attitude towards the landing of FSD in China.

Has passed the data security certification.

It is worth noting that the cars produced in Tesla Giga Shanghai have passed the automobile data safety certification of China government and become a foreign-funded automobile enterprise with this certification.. This laid the foundation for Tesla to transmit data in China to foreign countries.

All parts of China have lifted the ban on Tesla vehicles, which will help Tesla to further expand in China and create a good environment for FSD to land in China.

Or allow the test demonstration first.

Despite certain convenience, the China municipal government seems to be still cautious at present, or support Tesla to test and demonstrate in a limited range in China, and has not fully approved the full landing and commercialization of FSD in China..

This cautious attitude stems from concerns about the safety of driverless technology. The complicated road traffic environment in China brings great challenges to the applicability of FSD system. The government needs more time to assess the risk of FSD landing in China.

The FSD has not been fully approved yet.

Although Musk’s trip has made some progress, the China government has not yet given the green light for the FSD to fully land in China. Musk’s trip also conveyed Tesla’s sincerity and determination to land FSD in China.

The two sides may further discuss issues such as data transmission, test and demonstration scope, and regulatory rules. If the negotiations go smoothly, the landing of FSD in China is just around the corner.

Progress of FSD landing in China

Although the China government hasn’t completely given the green light yet, after Musk’s visit to Beijing, the process of landing FSD in China is gradually advancing.

Tesla China website updates the purchase page

After Musk’s visit to China, the FSD purchase page on Tesla China official website has changed from "to be launched later" to "to be launched soon", which indicates that the landing process of FSD in China is accelerating.

Previously, Tesla China owners were unable to purchase and use the FSD function without the approval of the China Municipal Government. Buying page updates now means that Tesla is expected to launch FSD service for China car owners in the near future.

Musk invested heavily in AI and driverless technology.

During his stay in China, Musk also revealed that Tesla will invest nearly $10 billion in artificial intelligence and driverless technology this year. This huge investment fully demonstrates Musk’s determination to put FSD on the global stage and his firm confidence in the technology prospect.

This investment will be used for algorithm training, hardware upgrade, test and verification, etc. to continuously improve the performance and security of the FSD system and prepare for its landing in more markets.

Musk attaches so much importance to FSD because he firmly believes that fully automatic driving will completely change the way of travel and become the mainstream technology in the future automobile industry. Once the FSD is fully implemented, it will greatly improve traffic efficiency, reduce accident rate and reduce energy consumption and emissions.

The core goal of Musk’s surprise visit to Beijing is to promote Tesla’s all-FSD in the China market. He hopes to be allowed to transmit the vehicle data collected in China to the training algorithm abroad, and seek the approval of China government for FSD to go on the road in China.

China government is open but cautious about the landing of FSD in China. On the one hand, Tesla has obtained data security certification, and restrictions on its vehicles have been lifted in various places; On the other hand, China has not yet fully approved the full implementation of FSD, and may support a limited range of testing first.

Despite this, after Musk’s visit to China, the landing process of FSD in China is accelerating. Tesla’s China website has updated its FSD purchase page, and Musk will also invest heavily in AI and driverless technology, demonstrating his determination to make FSD a global success.

Millennium holy soup, so you are like this ~

tangshan hot spring

long-standing and well-established

Four-level certification, flowing for thousands of years

tangshan hot spring

As a precious natural resource, Tangshan Hot Spring

Why on earth is it inexhaustible?

Endless, endless?

What are the benefits of soaking in Tangshan hot spring?

What are the recommendations for taking a hot spring bath in Tangshan?

These questions are answered by Xiao Bu one by one.

01

Analysis of recharge source and genetic model

Tangshan Hot Spring has a long history, which not only maintains its original characteristics and advantages, but also follows the pace of the times, resulting in high-quality products such as private soup houses. Where does this endless supply of water come from?

Learn the causes of Tangshan hot spring together

The geothermal system in Tangshan hot spring area belongs to the middle-low temperature convection geothermal system in genesis. Geothermal water supply mainly comes from two aspects:

First, the exposed carbonate rocks in Tangshan Mountain; Secondly, Ningzhen Mountain and Maoshan Mountain around Tangshan are rich in groundwater, which is a regional dynamic balance recharge area.

The hot spring area receives the recharge of these two aspects of atmospheric precipitation. After the recharge, it permeates downward through faults or fault fracture zones, and then circulates deeply along the Tangshan-Dongchang deep fault near EW (east-west), gradually increasing the temperature in the underground water depth circulation path, and achieving temperature and chemical balance with the deep surrounding rocks. The fault intersects with the NW (northwest) fault and NE (northeast) fault in the area at the shallow part to form hot spring water.

The thermal storage temperature in Tangshan hot spring area is about 90℃, and the circulation depth is about 2.6-2.9km.

All groundwater in the study area, including karst cold water, diving water, surface water and underground hot water with different temperatures, is supplied by atmospheric precipitation.

In short, it is the new water (atmospheric precipitation) and old water (groundwater) that come and go, coupled with the infiltration and movement of faults and fracture zones, so that Tangshan hot springs have been formed for thousands of years.

In short: as long as the mountain is raining and you are there, Tangshan Hot Spring is there!

02

Quality authentication and grading of Tangshan hot spring

one

Tangshan Hot Spring is one of the four major convalescent hot springs in China. It is the first hot spring in China to obtain the international double certification of hot spring water quality, and has the reputation of "Millennium Holy Soup and Health Paradise".

2

In October 2012, the World Federation of Hot Springs and Climate Health Care awarded Tangshan the title of "World Famous Hot Springs Town".

Moreover, according to the Classification Table of Hot Spring Quality, the hot spring wells in Tangshan area are all high-quality rare hot springs or high-quality hot springs.

In addition, in order to protect consumers’ rights and interests (soaking hot springs), a four-level authentication system for Tangshan Hot Springs, that is, hot spring wells, hot spring pipelines, hot spring units and hot spring facilities (soaking pools), has been established to achieve four-level anti-counterfeiting authentication and can be traced back.

Let everyone have a good time and have a good time ~

03

Hot spring recuperation effect

Scientific research shows that Tangshan hot springs are mostly sulfate springs, which can be divided into calcium sulfate springs, magnesium sulfate springs, magnesium sulfate springs and sodium sulfate springs because of the different salts contained.

Sulfate spring can mainly act on human body through immersion bath and drinking. When it is used in bathing, it can cause telangiectasia and enhance the metabolism of the whole body due to the stimulation of salts on the skin, and it has certain curative effect on some skin diseases.

The metasilicic acid in hot springs can beautify and resist aging. As an essential element in human skin connective tissue, articular cartilage and connective tissue, metasilicic acid has the function of increasing skin elasticity and maintaining the integrity of tissues around elastic fibers.

Fluorine is beneficial to increase the hardness of bones; After iron is absorbed through the skin, it can diminish inflammation and relieve pain; Strontium is closely related to the development of human bones, the function and structure of cardiovascular system, and the excitement of nerves and muscles, and it also has the effects of antioxidation and anti-aging.

04

Recommended by Tangshan Hot Spring

Private soup houses, public pools, free hot springs and other forms have become a new way of life.

So, what are the recommendations and tips for coming to Tangshan to soak in hot springs?

01

Tangshan no.1

It has a unique natural hot spring swimming pool, 56 different kinds of hot spring pools, and a wealth of buffets to enjoy.

02

Ziqinghu hot spring

Large bubble pool and good environment. There are more than ten kinds of hot spring pools in various forms, and some hot spring pools and crocodile pools are separated by a layer of glass. It is also very interesting to watch crocodiles while soaking in hot springs.

03

Green land yuhao hot spring hotel

A five-star resort hotel with natural hot spring experience, the hot spring is located in the open-air garden on the roof.

04

Hantianyue Hotel/Hantianzhen Hot Spring

Jinling Tangshan, next to the eye of the Golden Sun Spring. Health and wellness, the soul calls for life!

05

Yu Jing ban shan ju hot spring hotel

As the name implies, living with the mountains has beautiful scenery. The rooms cover the main building and three villas, and the villas are attached with gardens and courtyards, enjoying private fun, attaching to the natural oxygen bar and enjoying the ecological hot springs.

06

Yi Takinoyu Hotel

Song-style courtyard buildings with blue tiles and white walls are hidden between the lakes in the park, facing the Jinwuge across the lake, full of poetry.

07

Yuanboji aesthetics tansuo hot spring hotel

There are five types of luxury holiday spaces, such as classic hot spring courtyard house, row courtyard hot spring villa, two-bedroom family hot spring villa, two-bedroom mountain view hot spring villa and VIP customized hot spring villa.

08

Longshangminsu village

It is close to Shang Hu, Tangshan Dragon, and 5 minutes’ drive from "Ogawa-Tibet" in online celebrity. After a self-driving tour, I feel the wonder of nature in the mountains and rivers.

09

Tangjiajia Hot Spring Minsu Village

The private soup B&B in Wenquan Village has different styles and excellent holiday atmosphere. Come here to return to the countryside and release physical and mental fatigue.

10

Garden Expo Park Hotel Group

A variety of styles, enjoy the perfect holiday life in the Jiangnan garden.

Banyan Tree Nanjing Garden Expo Park

Lying in the hot spring pool in the room, you can directly see the strange scene of the cliff of the mine valley, and let the night in the mountains accompany you to sleep.

Nanjing Westin Hot Spring Resort Hotel

Escaping from the high-rise buildings, the steel and iron tiles gently put down the tedious daily life and entered the rest place in the wilderness.

Radisson Hotel Nanjing Selected Resort

Personalized design meets the customs of the ancient capital. Looking from the room to the distance, Shan Ye has beautiful scenery, panoramic view, pavilions and patchwork.

Indigo Hotel Nanjing Garden Expo Park

The whole hotel takes the landscape courtyard in the south of the Yangtze River as the element, and is inspired by the objects and scenery in the mines and quarries, creating an exploratory and interesting holiday experience.

Based on natural ecological endowment

This is named after the hot springs.

National tourist resort

Look forward to your arrival!

Original title: "Millennium Holy Soup, so you are like this ~"

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Mercedes-Benz EQ oil to electricity series, the price is so high, who is buying it?

EQ platform, every car will be scolded once, but there are still sales. Who is buying it?

Mercedes-Benz, an automobile brand representing exquisite craftsmanship and luxurious quality, has also been actively deployed in the field of electrification in recent years, and launched EQ series electric vehicles. howeverCompared with its brilliant performance in the fuel vehicle market, the response of EQ series in the market is not enthusiastic. Sales are also extremely bleak, and EQ models are ready to cut prices by 100,000. …

First of all, the lack of product strength under the platform of oil reform is one of the important factors leading to poor sales of EQ series.As the representative of the oil-to-electricity platform, Mercedes-Benz EQ naturally has no advantages over the pure electric platform being developed..

CLTC battery life:

Es8′ s playing and singing life is 605, and Mercedes-Benz 609 is equal. The whole system comes standard with double motors, starting with 600 horsepower and EQE with only 400 horsepower.

Power chip:

Weilai comes standard with 4 Orion-X computing chips, with a computing power of 1016tops. On the other hand, there seems to be one over there, but it is smart, and it has already reached L2.

Hub tire:

Weilai started with 255/50 tires here, with 265 wide tires; On EQE’s side, there are tires equipped with 235, so Mercedes-Benz’s blowing, pulling, playing and singing are cheating.

Dimensional comfort:

Looking at comfort, Mercedes-Benz has a wheelbase of 3030, a length of only 4.9 meters and a five-seat model; This way, the length of the car is 5 meters, and the wheelbase reaches 3070. It is standard in all departments, and the height is adjustable.

Furthermore, the awareness of Mercedes-Benz brand in the electric vehicle market is relatively low. Although Mercedes-Benz has a very high brand influence in the fuel vehicle market, in the field of electric vehicles, consumers are more inclined to choose new brands such as Weilai. These brands are more competitive and have stronger products in the electric vehicle market.

However, the characteristics of users in the domestic market are very strange. As long as it is a car, it can always be sold. Even if 500 thousand can buy this high-quality electric car,Still a few users buy Mercedes-Benz EQE cars? Is it just for a sign?

EQ series, as an industrial product from oil to electricity, is not only poor in internal strength, but also poorly designed in appearance. I really disagree with the design of the front face of EQ series.

But fortunately, Mercedes-Benz does not pit the poor. Whether it’s industrial waste or not doesn’t affect my cycling with one hand.

Jinan Changan Auchan X5 price cuts hit! The lowest price is 68,900, so act quickly.

[car home Jinan Preferential Promotion Channel] Recently, preferential activities were ushered in in the Jinan market, with a maximum discount of 20,000 yuan. At present, the minimum starting price of Changan Auchan X5 has dropped to 68,900 yuan. If you are planning to buy a car, please pay attention to this preferential activity. For details, please see "Check the car price" in the quotation form to get a higher discount.

济南地区长安欧尚X5降价来袭!最低售价6.89万,赶快行动

The design of Changan Auchan X5 is fashionable and dynamic. The front face adopts a large air intake grille, which is combined with sharp LED headlights to show a strong visual impact. The overall style is tough and full of strength, and the body lines are smooth, which makes it more dynamic with the exhaust layout of two sides.

济南地区长安欧尚X5降价来袭!最低售价6.89万,赶快行动

Changan Auchan X5 has a body size of 4490*1860*1580mm, with a wheelbase of 2710mm, a front tread of 1580mm and a rear tread of 1595mm. The side lines of the car are smooth, with 225/50 R18 in tyre size and 225/50 R18 in tyre size. It is equipped with 18-inch wheels, which shows the dynamic and fashionable features.

济南地区长安欧尚X5降价来袭!最低售价6.89万,赶快行动

The interior of Changan Auchan X5 adopts simple and fashionable design style, and the layout of the center console is clear, concise and practical. Among them, the screen size is 10.25 inches, providing rich multimedia entertainment functions and vehicle setting options. The steering wheel is made of leather, which feels comfortable and supports manual adjustment up and down to meet the needs of different drivers. The seat material is made of leather/fabric, which gives consideration to comfort and durability. The main seat provides the functions of front and rear adjustment, backrest adjustment and height adjustment (2-way), while the auxiliary seat supports front and rear and backrest adjustment to meet the comfort requirements of different passengers. The rear seats are laid down in proportion, which expands the flexibility of storage space.

济南地区长安欧尚X5降价来袭!最低售价6.89万,赶快行动

Changan Auchan X5 is equipped with a 1.5T turbocharged engine with an output of 138kW and a peak torque of 300N·m, which makes the vehicle have excellent dynamic performance. With the 7-speed wet dual-clutch gearbox, it not only shifts smoothly, but also further improves fuel economy, ensuring that drivers can enjoy a comfortable driving experience while enjoying strong power.

The owner of car home said, "Auchan X5 looks younger. Its advantage lies in its sportiness and power, which makes the car drive with personality. The interior design is also very good, the materials are not bad, and the price is very low, so this car is my ideal car at present, and it is also my favorite car at this price. "

Huawei’s consumer business was renamed, and Yu Chengdong entered the "New World"

"The name of Huawei’s consumer business has gone through ten years. Today, we changed our name to Huawei’s terminal business and entered the commercial market in an all-round way." On the afternoon of April 20th, Yu Chengdong said at an online product launch conference. His position has also become "Huawei managing director, terminal business CEO, smart car solution BU CEO".
In 2021, the revenue of Huawei’s consumer business fell by nearly half, which dragged down the overall revenue. As the head of Huawei’s terminal consumer goods, Yu Chengdong has never stopped trying to break through. Huawei’s whole-house smart business, which started last year, has released the second generation of products this year; The AITO brand, which cooperates with Xiaokang Sailis, has begun to deliver the first car on a large scale, and many key components, including intelligent cockpit, are from Huawei.
Huawei’s layout on commercial terminals has a long history, and many products including desktops have been launched before. This time, the consumer business was directly renamed as terminal business, which showed Yu Chengdong’s determination to enter this new continent.
Huawei commercial terminal layout.

Consumer business revenue has fallen sharply, and Huawei’s new business breakthrough has already begun.

Yu Chengdong said at the press conference that in the future, Huawei’s terminal business will fully cover two modules: consumer products and commercial products. Consumer products will continue to focus on serving mass consumers, while commercial products will focus on serving government and corporate customers.
The consumer business, which once occupied half of Huawei’s revenue, is facing a severe test. On March 28th, nearly a month ago, Huawei released its 2021 financial report. The financial report shows that the terminal business, which relies heavily on advanced process chips, has been greatly affected by external repression, achieving sales revenue of 243.4 billion yuan, down by nearly half year-on-year. In the three restricted business areas of mobile phone, tablet and PC, Huawei’s revenue has declined.
Although the operator business and enterprise business remained relatively stable, under the "drag" of consumer business, Huawei’s operating income in 2021 also dropped from 891.4 billion yuan last year to 636.8 billion yuan, a considerable decline. In the third year of Huawei’s external repression, its revenue declined for the first time.
Under the pressure of revenue, Huawei is also actively seeking new business areas. On the evening of April 3rd, Huawei Heartfelt Community announced that on March 30th, the company held the inaugural meeting of the second batch of "Legions" in Zone K of Huawei Bantian Base in Shenzhen. Ren Zhengfei and company leaders attended the meeting, awarding flags to the ten "legions" of Huawei and making speeches. The ten legions formed this time are Electric Power Digitization Corps, Government Affairs First Netcom Corps, Airport and Track Corps, Interactive Media Corps, Sports Health Corps, Display New Nuclear Corps, Park Corps, Wide Area Network Corps, Data Center Base Corps and Digital Station Corps.
It is understood that Huawei’s "Legion" model is to gather basic research scientists, technical experts, product experts, engineering experts, sales experts and delivery and service experts in one department, focusing on engineering developers and aiming at a single scene (for example, coal mine, smart photovoltaic, smart highway, etc.). This new organizational structure is conducive to breaking the boundaries of various departments of the existing company, and in a short period of time, "quickly assembling resources, interspersed with operations, improving efficiency, and deepening a field", thus achieving rapid business growth.
The Legion Model, together with the existing BG and BU, entrusts Huawei with the ambition of transforming thousands of industries with technology, and it is also a realistic path for Huawei to quickly develop new business and "harvest food" in a short time. The consumer business, which is also in urgent need of new revenue sources, has also set its sights on smart homes and commercial terminals.
One-handed whole house intelligence, one-handed AITO car, Yu Chengdong played a number of transformation cards
In the past year or so, Huawei’s mobile phone conferences have decreased, while Yu Chengdong has appeared more and more in the conferences of various new products. In addition to commercial office products, the other two striking power points are smart homes and smart cars.
On March 16th, this year, Huawei held the spring conference of whole house intelligence and whole scene new products, and launched a new generation of whole house intelligence solution. The central control panel was equipped with HarmonyOS system for the first time. The price of a typical apartment with 80㎡ (2 bedrooms and 1 living room) starts from 39,999 yuan. This is a significant drop from the price of the previous generation solution launched last year, which started at 100,000 yuan.
Yu Chengdong said that Huawei has now opened 64 authorized stores in 43 cities including Beijing, Shanghai, Guangzhou, Shenzhen, Wuhan, Changsha, Wenzhou, Hefei, Chengdu, Nanjing and Fuzhou, and will complete the coverage of 500 stores this year.
"At present, most smart homes are single-point intelligence with smart items as the core, simple systems and initial scenes, and the connection is mainly based on’ point control points’, lacking system-level scene linkage." Yu Chengdong said at the press conference that HarmonyOS Zhilian Ecology has built a relatively complete subsystem. At present, more than 1,900+brand partners have settled in the Harmony OS family, and 4,500+smart items can access the whole house intelligence.
Intelligent cockpit blessed by HarmonyOS system on AITO car.
In the automotive field, Huawei, which has repeatedly reiterated that it "does not build cars", has also acted frequently in the automotive field. In May, 2021, Yu Chengdong took over the post of CEO of BU, a smart car solution. In December, he presided over the release of M5, the first car of AITO brand, and shouted the goal of "annual sales of 300,000 units". AITO is a brand that Huawei cooperates with Xiaokang Sailis. Its key equipment such as intelligent cockpit are provided by Huawei and equipped with HarmonyOS system.
In March of this year, AITO asked M5 to officially start delivery, and it only took more than 70 days from release to listing. Although a few days agoYuIn an interview, he admitted that "300,000 cars can’t be built under the condition that the global cars are short of cores and pieces", but Yu Chengdong still stressed that Huawei will definitely help the car factories that work closely with them to be the first in China and the first in the world.
However, in today’s smart car market, even Huawei will inevitably go through a hard battle in the battle for territory between major manufacturers and brands. In contrast, the commercial terminal, which is only separated from the consumer business by a wall, seems to be a new land that is easier to produce food quickly.
HarmonyOS system has become an important starting point, and the security and controllability of software and hardware have brought obvious advantages to Huawei.

In 2021, while the business of mobile phone tablet declined sharply, Huawei’s wearable devices, big screens and other businesses showed very obvious growth, among which the revenue of wearable devices and smart screens increased by more than 30% year-on-year. There are more than 220 million Huawei devices equipped with HarmonyOS (HarmonyOS system), making it the fastest-growing mobile terminal operating system in the world.
Not surprisingly, there are businesses that have increased significantly, which are basically businesses with relatively low requirements on chip manufacturing. In this kind of business, Huawei’s HarmonyOS system has also become a weapon to expand its territory. At the press conference, Yu Chengdong said that Huawei will continuously enrich the product categories such as commercial notebooks, desktops and monitors, flat panels, smart screens, and wear, and focus on providing commercial office solutions for six major industries, including government and education, medical care, manufacturing, transportation, finance, and energy.
"Yu Chengdong had hoped to sell cars of cooperative brands to make up for mobile phones and expand Huawei’s smart selection categories to reduce the impact of the decline in terminal sales revenue, but cars are long-term products and it is difficult to bring high sales revenue in a short period of time." Fu Liang, an independent analyst in the telecommunications industry, said that Huawei’s commercial terminals have their own operating systems, with controllable software and hardware, which are safer and more reliable. Huawei has obvious advantages when entering the government and state-owned enterprises.
Commercial terminal categories launched at this conference.
Yu Chengdong emphasized that Huawei’s flat panel, smart screen, wearable and other products will rely on the 17 standard customization capabilities and 9 open capabilities brought by the HarmonyOS system to meet the multi-dimensional management needs of the government and various enterprises for terminal equipment, enabling thousands of industries. Customers can customize the brand Logo, settings, desktop, and also open the peripheral capabilities, SDK, and industry system docking capabilities to meet the various customization needs of commercial customers.
However, product procurement in the field of government and enterprises is quite different from personal consumption in the market in logic and play. Although Huawei has a huge carrier business and enterprise business, whether its experience and resources can be reused by the renamed "terminal business" needs more observation. However, Yu Chengdong’s determination to March into the New World has been shown to everyone in this name change.
The Beijing News Shell Finance reporter promised to edit Yue Caizhou and Song Yuting to proofread Liu Baoqing.

Dongfeng Nissan new car

Welcome to car home, let me reveal the mystery of 2024 Nissan TIIDA, the latest masterpiece of Dongfeng Nissan. This new car has been officially staged, offering three different configurations at a price of 89,900 yuan to meet the diversified needs of consumers.

In terms of design, the new car introduces a fresh and refined "worry-free green" body color scheme, which brings more personalized choices to consumers.

The perfect combination of 1.6L naturally aspirated engine and CVT gearbox releases the maximum power of 90KW and brings a smooth driving experience. The V-shaped blackened air intake grille on the front of the car complements the chrome-plated decoration, and the headlight group uses LED and halogen light source according to different configurations, showing the coexistence of fashion and practicality.

The body lines are smooth, and the double waistline outlines a dynamic outline. The wheels are available in 16-inch and 17-inch sizes, which can show excellent stability and comfort in both urban streets and suburban roads.

In terms of size, the body with a length of 4393mm, a width of 1766mm and a height of 1539mm has a wheelbase of 2700mm, which makes it a compact car suitable for daily commuting and short trips.

In terms of interior, the center console is simple and practical, equipped with a three-position steering wheel and a 5-inch LCD instrument, and the 8-inch central control panel provides rich functions, such as remote monitoring, online navigation and voice control. The high-profile models are additionally equipped with front seat heating function to improve the driver’s comfort.

The seats are arranged in five seats, wrapped in fabric or imitation leather, which supports manual adjustment, while the top models bring extra heating function. At the same time, the rear seats support a 4/6 ratio, which guarantees the flexibility of the interior space.

In terms of power performance, the combination of 1.6L engine and CVT gearbox brings 12.1 seconds of zero acceleration, and the maximum speed can reach 179 km/h. Under the working condition of WLTC, the comprehensive fuel consumption is only 6.1L, which not only saves energy and protects the environment, but also ensures the economy of daily driving.

日产骐达TIIDA

In short, the 2024 Nissan TIIDA, with its excellent cost performance and practical configuration, undoubtedly provides consumers with more choices, and expects it to write a new chapter in the automobile market.

Comments on the Management of Liangpin Shop’s 2023 Annual Board of Directors

() The operating comments of the Board of Directors in 2023 are as follows:

  I. Discussion and analysis of business conditions

  In 2023, faced with the complex situation of global economic recovery and the urgent need to boost domestic consumer demand, the Chinese government adopted a series of accurate and effective policies and measures, which effectively promoted the recovery of the consumer market. In 2023, the total retail sales of social consumer goods in China was 47.15 trillion yuan, a year-on-year increase of 7.2%; The contribution of final consumption to expenditure and economic growth reached 82.5%, which became the main driving force of economic growth. For leisure and snack enterprises, 2023 is a year connecting the past with the future, and market products and channel innovations emerge one after another. After experiencing the rapid expansion of channel brands, the industry will enter the stage of intensive cultivation, which also puts forward higher requirements for snack enterprises to find a correct strategic direction and seize development opportunities.

  1. The snack food industry has great potential and broad development space.

  Leisure food is the food that consumers eat in leisure and rest, which has the characteristics of wide coverage, rich consumption scenes, long user life cycle, low customer unit price and high consumption frequency. According to the latest data from China Commercial Industry Research Institute, the market size of leisure snacks in China was 928.6 billion yuan in 2023, and it is estimated that the market size will exceed one trillion yuan in 2024. In terms of consumption, the per capita consumption of leisure snacks in China is only 1/2 of the global average, 1/3 of Japan and 1/5 of the United States, and the market space is broad. Because the entry threshold of snack food industry is relatively low, there are many industry participants and new players appear constantly, and the brand concentration is low, showing a completely competitive market state. With the increasing market competition, enterprises with advantages in brand, channel, product and supply chain will be able to adapt to consumer demand and occupy a competitive advantage position.

  2. Offline stores are the main circulation channel of snack food and the main position to form brand mind.

  According to the data of Euromonitor International in 2023, offline channels account for 82.6% of the circulation share of snack foods, and modern channels such as snack specialty stores and convenience stores continue to occupy the market share of traditional couples’ stores, and the trend of channel upgrading continues; Online channels accounted for about 17.4%, the growth of traditional e-commerce platforms slowed down, and online traffic shifted to high-quality products and content-based e-commerce platforms. Because snack food has the characteristics of impulse buying and what you see is what you get, whether it can be seen and bought everywhere has become an important factor for brands to attract consumers. In recent years, convenience stores and snack discount stores, which mainly serve community users, have achieved rapid growth with richer products, better consumption experience and higher cost performance, and become an important force to promote the development of the snack industry. Close to consumers, opening stores intensively around target consumer groups, providing consumers with convenient, diverse and high-quality products and experiences, has become an important driving force for the growth of offline stores.

  3. Generation Z has become the main consumer, and brand rejuvenation is the inevitable choice for snack food brands.

  Generation Z is becoming the main consumer of snack food. According to the data of the seventh census, there are 223 million people born after 1980s, 210 million people born after 1990s and 163 million people born after 00 in China. Among them, the total number of generation Z is about 260 million, accounting for about 19% of the total population. Generation Z consumers have stronger spending power, more diversified and personalized consumer demand, and are more easily influenced by social media. From the perspective of consumption preference, delicious taste, safety and health, cost performance, brand, functional components and packaging value are the most important factors for young consumers to consider when purchasing snack food. To satisfy more critical and changeable young consumers, it is the basic action to maintain high quality and high value in products, and to impress young consumers and satisfy emotional value in expression and communication.

  4. Consumers’ demand for snack foods is diversified, and high quality and health are long-term and sustainable needs.

  On the whole, consumers’ demand for snack food with good ingredients, good taste, low burden, nutrition, freshness and face is widespread and increasing continuously. In the leisure snack industry facing the whole country and the whole customer group, the differences of consumers’ consumption preferences also exist objectively. Low sugar, low salt, low fat and no additives have become the necessary options for most family consumers, but the mixed flavor, stimulating taste and novel taste are deeply loved by young consumers, and it is the common demand of most consumers that they are convenient to buy, economical and diverse. Facing the increasing diversified demand, snack food enterprises must develop products accurately according to the diversified demand, form a diversified product matrix, and pass on the value to consumers in the most efficient way. No matter how the consumer demand changes, higher requirements for product quality and making consumers eat healthier are always the most basic guidelines for the brand management of leisure snacks.

  During the reporting period, the company’s operating measures are as follows:

  1. Continuously optimize the omni-channel layout around consumer demand.

  (1) Store business focuses on single store promotion: amplifying brand value and market competitiveness.

  In 2023, the store business actively expanded cooperation with local life platforms, such as Tik Tok and Meituan, aiming at expanding market coverage and improving business capabilities. By establishing diversified marketing models, including "city matrix live broadcast", "talent with goods" and "official number live broadcast", the store business has effectively improved the efficiency of product promotion and enhanced the ability to attract customers into the store.

  The store business adheres to the price strategy of "good goods are not expensive". By lowering the prices of more than 300 products and setting up characteristic display areas in the store, the market competitiveness of products has been enhanced. At the same time, through the continuous promotion of WeChat private domain and local life platform, the store business has achieved significant growth in sales of various single products.

  At the same time, the store business continues to explore new category models and pilot fresh and short-term snacks in stores to better meet the diversified needs of customers. In addition, through the seasonal introduction of ready-to-eat frozen products and freshly baked foods, such as frozen durian, frozen chestnut, frozen bayberry, etc., the customer unit price and sales of the store in the current season have been effectively improved.

  The company’s store business has made positive progress in improving product value, improving consumers’ cognition and meeting customers’ differentiated product needs, and the number of customers has steadily increased year-on-year.

  (2) E-commerce business restructuring business competitiveness: focusing on product innovation, new channel development and user stickiness improvement.

  In 2023, the company actively adjusted its online business strategy, and rebuilt the new competitiveness of e-commerce business development by optimizing product structure, enhancing user experience and strengthening marketing innovation. And continue to tap the user’s scene demand, innovate all kinds of scene product portfolio sales programs, focus on the user’s consumption demand for "nature, health and nutrition", and actively market and promote products with "clean formula and rich nutritional elements". By accurately matching the needs of users, the company successfully achieved a breakthrough in the sales scale of scene combination products; At the same time, the light-weight series products with 0 addition and 0 sugar have also been favored by consumers. The company has further strengthened cooperation with emerging e-commerce, actively expanded new e-commerce channels, and achieved rapid growth in sales scale on real-time retail platforms such as Meituan, Pupu and Yonghui. On the social e-commerce platform, the company makes full use of the content creation ability of platform experts to interact and communicate with consumers through short videos, live broadcasts and other forms, effectively enhancing brand awareness and user stickiness.

  Looking forward to the future, the company’s e-commerce business will continue to maintain the trend of innovation and development, strengthen the research on the purchase scenarios and behavior habits of users on various platforms, and provide natural and healthy snacks for users’ various consumption scenarios around the new trend of consumers pursuing natural and healthy consumption; Strengthen the integration of (), improve the marketing efficiency of customer acquisition and reduce the cost of customer acquisition through omni-channel integrated marketing; Strengthen the application of new AI technology in product content creation, innovate the content quality of product "page, video and live broadcast", and improve the user’s shopping experience.

  (3) Broad performance prospects for group buying business: channel expansion and New Year Festival marketing promote sales profit growth.

  In terms of distribution channels for group buying gifts, the company has established a wide network covering five strategic regions, namely Central China, South China, North China, West China and East China, providing services to agents in 42 cities across the country. The company’s group purchase products and services are widely used in various scenarios such as employee welfare, business gifts and high-end club entertainment in terminal enterprises. Aiming at different user groups, the company has formulated and implemented accurate marketing promotion strategies, and won wide recognition from customers in the industry by providing high-quality products with high cost performance and differentiation and a perfect marketing system. These efforts have significantly enhanced the company’s brand image and market reputation, and further consolidated its leading position in the group buying gift market.

  During the New Year Festival in 2024, the company further expanded the super-customer network of distributors in Northeast China, North China and Northwest China, and actively explored and implemented diversified marketing strategies for gift box products. In close cooperation with major supermarkets, the company not only enriches the sales channels of products, but also innovates the marketing forms of gift box products, which meets consumers’ demand for high-quality gifts during festivals, effectively enhances the market penetration rate of the company’s products, and enhances brand visibility and consumers’ willingness to buy.

  In 2024, the company will continue to deepen the expansion of group buying channels, optimize product structure and improve service quality in order to achieve more stable performance growth. In addition, the company will continue to pay attention to market dynamics and flexibly adjust its marketing strategy to cope with the ever-changing market environment and consumer demand.

  2. Focusing on the diversified and multi-scenario product needs of users, we will continue product innovation and enhance competitiveness.

  In 2023, the company’s gift box product line achieved good results. Sales of gift boxes for new year’s goods increased by 25% year-on-year. Among them, canned nut gift boxes have been further consolidated with their leading position in the market, achieving a year-on-year increase of 158%. In addition, the company also launched an IP gift box co-branded with Wutai Mountain and the movie "Three Wan Li in Chang ‘an", as well as a series of high-protein gift boxes, which not only met the diverse needs of consumers for holiday gifts, but also deeply explored the emotional value and blessing meaning. Once these products were launched, they received enthusiastic response from the market, and their sales increased by 160% year-on-year.

  In the supply chain management of gift boxes, the company has effectively improved its operational efficiency through refined management and cost control. The company has deeply integrated and optimized the supplier system, reducing the operating cost of the whole chain of gift boxes. In the field of marketing, the company adopted the strategy of combining online and offline, and effectively expanded the brand influence and increased the interaction with consumers through online channels such as social media, live broadcast and offline promotion of ground media. Relying on all-round marketing strategy, it not only enhances consumers’ perception of good shop brands, but also lays a solid foundation for the continuous growth of gift box product line. Looking forward to the future, the company will continue to devote itself to product innovation and market expansion in order to maintain its dominant position in the gift box market and achieve sustained growth in sales performance.

  3. Integrate supply chain resources, and reduce prices without degrading quality.

  During the reporting period, the company "actively strives for change and faces the competition", first of all, from the aspect of supply resources, integrating the global high-quality supply chain resources, only to provide users with more products with the ultimate quality-price ratio.

  In the pot-stewed category, the company fully took advantage of the high-quality supply chain system to build a research and development center with industry leaders. The two sides shared R&D resources and technical advantages, and launched a variety of explosive products covering chicken feet, air-dried beef and other varieties. In vegetarian food, the company developed bean skin with chickpeas instead of soybeans as the core raw material around the changes of users’ needs, and gave full play to the advantages of suppliers in raw materials and technology, and promoted the high-temperature puffing process to replace the traditional frying process, making the bean skin as thin as cicada’s wings and crisp in taste, thus meeting consumers’ needs for zero trans fatty acids and reducing oil and fat. In order to better meet the young customers’ demand for novelty-seeking with new tastes and emotional value of snacks, the company cooperated with international suppliers to introduce foreign high-quality goods such as well-known wafer biscuits and drinks into the company’s offline stores.

  In addition, in order to ensure stable product quality and higher quality-price ratio, the company continuously monitors dozens of food raw materials throughout the year, gives full play to the advantages of the source of the supply chain, promotes the distribution of direct mining resources at home and abroad, and continues to deliver more delicious and better quality-price ratio snacks to consumers, truly achieving "price reduction without quality degradation".

  

  Ii. the industry in which the company is located during the reporting period.

  (1) The industry in which the company is located

  According to the Guidelines for Industry Classification of Listed Companies issued by China Securities Regulatory Commission (Announcement [2012] No.31 of China Securities Regulatory Commission), the company belongs to retail industry (classification code: F52). Judging from the main products and business model of the company, it is generally believed that the company’s business belongs to the snack food industry.

  (B) Industry development stage and trend analysis

  1, industry characteristics and development stage

  Leisure snacks are foods that consumers eat in leisure and rest, which have the characteristics of wide coverage, long life cycle of users, low unit price of customers and high consumption frequency. Snacks are rich in consumption scenes, diverse in product forms, diverse in varieties and specifications, delicious in taste, safe and healthy, cost-effective, brand, functional components and packaging value are the most important factors for consumers to consider. The characteristics of consumers’ diversification, changefulness, early adopters and impulsive buying make the product change and channel change of snack industry faster, and each round of big product change and channel change corresponds to huge industrial development opportunities.

  According to the latest data from China Commercial Industry Research Institute, the market size of leisure snacks in China was 928.6 billion yuan in 2023, and it is estimated that the market size will exceed one trillion yuan in 2024. In terms of consumption, the per capita consumption of leisure snacks in China is only 1/2 of the global average, 1/3 of Japan and 1/5 of the United States, and the market space is broad. Because the entry threshold of snack food industry is relatively low, there are many industry participants and new players appear constantly, and the brand concentration is low, showing a completely competitive market state.

  From the perspective of product changes, the growth rate of new categories such as packaging, baking and meat snacks is more than 1.5 times that of the industry market, which is the most noteworthy market. Sugar Qiao, biscuits, puffs, packaged nuts, ice cream and other categories are growing at a slower rate than the industry market. New brands are constantly opening up new market space through new value propositions, and there is room for category innovation.

  From the perspective of channel changes, according to the data of Euromonitor International in 2023, offline channels account for 82.6% of the circulation share of snack foods, and modern channels such as snack specialty stores and convenience stores continue to occupy the market share of traditional mom-and-pop stores, and the trend of channel upgrading continues; Online channels accounted for about 17.4%, the growth of traditional e-commerce platforms slowed down, and online traffic concentrated on high-quality products and content-based e-commerce platforms.

  Generally speaking, the leisure and snack industry is in the stage of medium and high-speed growth, full competition in the market, and endless innovations in products and channels. Enterprises that can accurately grasp consumer demand and create consumer value will gain competitive advantages in the future.

  2. Industry development trend

  On the whole, the consumption classification trend of snack food industry is obvious, and the demand is diversified. Consumers’ demands for good ingredients, good taste, low burden, nutrition, freshness and face are widespread and increasing. In the leisure snack industry facing the whole country and the whole customer group, the differences of consumers’ consumption preferences also exist objectively. Low sugar, low salt, low fat and no additives have become the necessary options for most family consumers. Mix and match flavors, stimulate tastes and novel tastes are deeply loved by young consumers, and convenient purchase, economy and variety of choices are the common needs of most consumers. Because of the huge consumer base in China, there is a huge market behind any kind of consumer choice. Facing the increasing diversified demand, snack food enterprises must develop products accurately according to the diversified demand, form a diversified product matrix, and pass on the value to consumers in the most efficient way.

  Infinitely close to consumers has become a key element, and the near-field and content-based formats have developed rapidly. Because leisure snacks have the characteristics of impulse purchase, what you see is what you get, etc., whether consumers can see and buy them everywhere has become an important factor for brands to attract consumers, and both online and offline have obvious characteristics of near-field and content. Online, convenience stores and snack shops that mainly serve community users have achieved rapid growth in recent years with richer products, better consumption experience and higher cost performance, and have become an important force to promote the development of the snack industry. Close to consumers, opening stores intensively around target consumer groups, providing consumers with convenient, diverse and high-quality products and experiences, has become an important driving force for the growth of offline stores. From the perspective of online format, the instant retail platform has developed rapidly, effectively expanding the coverage radius of stores, and providing a foundation for leisure snack brands to obtain new traffic and better serve users; Content-based and socialized platforms are attracting more young consumers and providing a broader position for casual snack platforms to interact with consumers.

  Facing the Z generation group, which has gradually become the main consumer, is both an opportunity and a challenge for the snack food industry. Generation Z consumers have stronger spending power, more diversified and personalized needs, and are more easily influenced by social media. In order to meet the ever-changing and iterative consumption demand of the main consumer groups, leisure and snack enterprises should not only adapt to the fresh and healthy life concept pursued by young people, but also use brand expressions that young people are willing to accept, and more importantly, control the product quality and delivery quality of the whole chain, which puts forward higher requirements for the resource integration ability and operational efficiency of leisure and snack enterprises in all channels and the whole industry chain.

  (III) Industry status of the company

  Liangpin Shop has been deeply involved in the snack food industry for 17 years. It is a well-known brand in China and one of the snack food enterprises with omni-channel development. Its sales scale is in the forefront of the snack food industry. In 2020, as the first "cloud-listed" enterprise in Shanghai Stock Exchange, the company landed in the A-share market and became the "first share of high-end snacks" in China. According to the data of "2022 Snack Market Research Report" of China National Business Information Center, good shops led the national sales of high-end snacks for eight consecutive years from 2015 to 2022.

  

  Iii. Business of the Company during the reporting period

  (a) the company’s main business

  As a platform-based, digital and innovative retail enterprise driven by product innovation and channel development, operating all kinds of snacks, multi-brand operation, balanced omni-channel layout and coordinated industrial chain, the company is mainly engaged in the research and development, procurement, sales, logistics and distribution and operation of snack foods, and is committed to providing consumers with higher quality products and services to meet users’ needs for different healthy and nutritious ingredients, different purchase tasks and different use scenarios.

  During the reporting period, the company’s main business has not changed.

  (II) Main products of the company

  1. The company has a rich product line.

  In order to meet the needs of different users in different scenarios, the company has set up a rich product line, including meat snacks, seafood snacks, vegetarian delicacies, preserved preserved preserved plum, dried red dates, nuts, roasted seeds and nuts, drinks, candied fruit, canned jelly, scented tea, baked cakes, biscuit puffing, instant food, gift boxes, children’s snacks and other product lines.

  2. The company provides a variety of products based on the user’s segmentation needs.

  The company continues to adopt the product strategy of customer demand-oriented and creating value for customers, upgrade to the direction of "natural and healthy new snacks" and continuously improve the product matrix. For school-age children, fitness people, beauty lovers, white-collar office workers, enterprises and institutions, the company has launched a variety of products, such as children’s snacks, fitness snacks, collagen candy snacks, breakfast and dinner meal replacement, holiday gifts and so on.

  (III) Main performance drivers of the company

  During the reporting period, the company researched and developed products around the needs of users, and continued to explore product innovation in market segments. By optimizing the product operation mode, it helped new products to be new, and created a number of tens of millions of new products; Continue to deepen the supply chain and improve the efficiency of production and sales; In-depth omni-channel operation, refined operation, and promote continuous optimization and improvement of business.

  (4) The business model of the company

  The company carries out product innovation guided by users’ subdivided needs, and supports with leading food health and nutrition technology, formulates quality specifications and standards of raw materials, product processes and formulas, purchases products from upstream suppliers, and carries out actions such as receiving, warehousing and delivery after completing strict product quality inspection, and finally sells products to users through a perfect omni-channel network to provide users with high-quality products and services.

  1. R&D mode

  The company studies the different needs of segmented users in market insight, and at the same time, according to the new technologies in the market, it selects the segmented product categories to be included in the annual R&D plan to form product R&D needs, and supports and responds to the needs quickly by adopting independent in-depth R&D and outsourcing cooperative R&D according to the demand categories. Independent in-depth R&D is led by its own scientific research team, which independently or integrates domestic and foreign external scientific research forces to research and develop new raw materials, new formulas and new technologies for R&D innovation, and outputs products with better nutritional and healthy value and taste, which can meet the needs of users. Outsourcing cooperative R&D means that the company invites enterprises with rich industry experience and innovative ability to participate in the development, and sets up an evaluation expert group to evaluate the technology and products, which is mainly suitable for iterating over existing products, increasing the taste of products to meet the needs of customers with multiple tastes, improving the taste of products to bring customers a better experience, and innovating product forms to make customers feel more pleasant. At the same time, supported by food science and technology, the company has carried out work such as process improvement, environmental protection, product standards improvement, cost reduction and efficiency improvement, and quality improvement around R&D and innovation.

  2. Product operation mode

  The company’s product operation mode is based on the company’s strategic intention, market analysis and customer demand insight, with the operation of new products and cooked products as the core, including seven business processes: product development planning, single product planning and design, research and development, product testing and testing, listing and delivery, mature operation and product delisting, which provides strong support for meeting the different needs of different consumer groups for snack food.

  3. Supply chain management mode

  The company has established a supply chain management mode with supply planning as the control hub, logistics management as the supply guarantee and quality management as the safety guarantee, and controls and manages the whole process of product procurement, warehousing, logistics and delivery.

  In the supply planning stage, according to the sales history and trend forecast of each channel, the company decomposes and forecasts the sales and supply of goods in different periods, formulates the procurement plan and improves the procurement efficiency.

  In the procurement process, the company cooperates with excellent suppliers and takes measures such as locking in global high-quality bulk raw materials to ensure product quality and optimize procurement costs. The company also implements the mode of "purchasing by sales" to purchase customized and non-customized products accurately and in a planned way, greatly reducing the inventory turnover rate and ensuring the freshness of products reaching consumers.

  In the warehousing and logistics link, the company manages the inventory in omni-channel sharing mode, and after receiving the order, it can deliver the order logistics from the nearest warehouse in an optimal way. The EWM system applied by the company also realizes data sharing with the systems of various logistics carriers, which enables the company to monitor the real-time status of orders and control the orders in a timely and abnormal manner.

  In terms of product quality assurance, the company has established a comprehensive product quality control system, ensuring food safety in the whole link through regulatory measures such as supplier access management, supplier evaluation and elimination management, factory quality management, and food safety inspection management. In order to ensure the stability and high standards of product quality, the company has formulated strict product production quality standards and multi-dimensional acceptance standards, and established its own product testing center. It has passed CNAS certification, covering all the links from product warehousing to marketing, and constantly improving the whole process quality control process according to business changes, forming a whole process product quality and safety control system.

  4. Sales model

  The company adopts an omni-channel sales model with stores as the core, and provides products and services to users through various online and offline channels. At present, the company has laid out store channels, platform e-commerce channels, social e-commerce channels and group purchase channels, built all-round contacts to interact with users, responded to users’ needs in a timely and accurate manner, and intelligently pushed information matching users’ needs, upgrading to the omni-channel layout of "constantly approaching the terminal and providing services at any time".

  (1) Store channels

  The company has a mature and well-developed store channel, which is divided into direct stores and franchise stores. Direct-operated stores are chain-type snack food stores with the brand of good shops opened by the company in the offline market. The company is the sole investor in the store, and the assets, liabilities and profits and losses of the store belong to the company, which is under unified management and directly sells goods to end consumers. Franchise stores are licensed by the company to use the company’s brand resources, technical resources and operational resources to open a snack food specialty store with a good shop brand online. Franchisees are investors in the store, and the assets, liabilities and profits and losses of the store belong to franchisees. According to the Franchise Contract signed between the company and franchisees, the company provides goods and management services to franchisees, and franchisees pay the company the purchase price of goods and franchise fees. Store business activities are not limited to in-store, but actively radiate the surrounding areas, extending to single-customer-leaving operation, relying on stores and link platforms, operating online resources and tools, providing differentiated business services such as home purchase, store group purchase, community group purchase and online interaction, and expanding and operating store circle traffic in multiple dimensions.

  (2) Platform e-commerce channels

  Platform e-commerce channel refers to the business channels that engage in B2B (such as Tmall Supermarket, self-operated by JD.COM, etc.) and B2C (such as Tmall flagship store of Liangpin Store and JD.COM flagship store of Liangpin Store, etc.) on the third-party e-commerce platform. Based on users’ shopping needs and online shopping habits, the company builds a global marketing data center, analyzes users’ different needs with data insight, accurately matches product content and access channels, and meets consumers’ online delicious shopping needs.

  (3) Social e-commerce channels

  Social e-commerce channels refer to the channels (such as Tik Tok and Aauto Quicker channels) that establish the interaction between fans and brands through new media content forms such as pictures and texts, short videos and live broadcasts, and realize the e-commerce activities of commodity sales through the cooperation of MCN institutions, talents and live broadcasts. The company interacts and communicates with consumers through shopping malls, self-broadcasting, cooperation with MCN institutions/talents and other forms, which effectively enhances brand awareness and user stickiness.

  (4) Group buying channels

  The company takes the city as a unit, develops group buying agents according to the group buying channels of users’ mass purchase or customized purchase needs, and carries out brand and product promotion, sales channel network construction and business service management. The group buying business has been deeply rooted in the city network and established a long-term good customer relationship network. Now it has formed a core explosion product pool and customized gift service, providing product solutions for scenes such as "employee welfare" and "business gifts".

  During the reporting period, the company’s business model has not changed significantly.

  

  Iv. analysis of core competitiveness during the reporting period

  (A) the impact of high-quality snack brands on sophisticated users is very competitive.

  Since its establishment, the brand "Liangpin Shop" has been carrying the pursuit of high standards of "conscience quality" and gradually gathered a customer group mainly pursuing high-quality products. In order to meet consumers’ demand for health and nutrition, following the strategic positioning of "high-end snacks" in 2019, in 2024, the company released a brand-new brand value proposition as "natural and healthy new snacks", and further expressed and interpreted high-quality snacks as "more natural, healthier and more new experiences". At the same time, the company promotes product upgrading with "good raw materials, good formula and good taste" as the anchor point. In 2024, more than 140 healthy snacks will be launched, covering cakes and biscuits, vegetarian food, dried fruits and preserved fruits.

  In order to support the brand-new brand value proposition, as early as January 2023, the company participated in drafting the group standard "General Requirements for Healthy Snacks" (T/CAB0235-2023), which gave a clear definition of healthy snacks from sensory, physical and chemical dimensions. In order to further implement this standard, in 2024, the company took the lead in proposing and advocating "five reductions" of healthy snacks in the industry (namely, "reducing salt, sugar, fat, oil and food additives"), focusing on two research and development directions of natural healthy ingredients and reducing additives during production, and continuously providing consumers with delicious and healthy high-quality snacks, leading the high-quality development of the industry.

  (2) The company already has the industry-leading in-depth R&D capability.

  The company has a high-level R&D team and extensive external collaborative R&D resources. It cooperates with domestic food professional colleges and food research institutes to build R&D platforms, accelerate technology introduction and transformation, and support high-quality and efficient product innovation through collaborative in-depth research and development. At present, in-depth food research and development cooperation has been carried out with China Academy of Agricultural Sciences, China Food Fermentation Industry Research Institute, Hubei Academy of Agricultural Sciences, Wuhan University of Light Industry, Hunan University of Chinese Medicine and other scientific research institutes and universities, and seminars have been held regularly. These external R&D institutions will become solid support for the company’s technology R&D and product development. The company invested in the construction of six professional R&D laboratories, including meat, seafood, vegetarian food, candied fruit, beverage, packaging, sensory evaluation and pilot plant, established its own product testing center, passed the certification of National Laboratory (CNAS), and cooperated with a number of third-party testing institutions to continuously strengthen product quality and safety control.

  (C) The company has a highly integrated omni-channel marketing network.

  The company has a highly integrated omni-channel sales network. The company has about 3,300 stores in 23 provinces/autonomous regions/municipalities directly under the Central Government, which has achieved multi-level coverage from the core business circle to the community stores. The store business system is mature and developed steadily. Its business activities are not limited to in-store operations, but actively radiate the surrounding areas to single-customer departure operations, and expand and operate the store circle traffic in multiple dimensions; In terms of online channels, the company has platform e-commerce channels such as Tmall flagship store, Tmall supermarket, JD.COM flagship store and JD.COM self-operated, and social e-commerce channels such as Tik Tok and Aauto Quicker. At the same time, it arranges group buying channels for users to purchase in large quantities or customize their needs. Effectively meet the diversified snack food needs of different consumer groups in different scenarios.

  (4) The company has industry-leading supply chain resources and an efficient collaborative supply chain system.

  The company has industry-leading supply chain resources, forming an agile supply chain from raw materials to manufacturing to consumers. On the raw material side, with an extremely rigorous attitude, the company has continuously incorporated the characteristic raw materials from various regions into the supply system, selected the characteristic raw materials from dozens of producing areas around the world, and provided consumers with rich, fresh and healthy unique snack products. In terms of supplier resources, the company adheres to the concept of "win-win cooperation" and forms a good cooperative relationship with various categories of head suppliers. Through strict supplier access screening and supplier performance control, it constantly promotes product concept iteration, upgrades production facilities and process standards, and forms a high-quality and fast-response cooperation mechanism. The shortest time from product concept proposal to production delivery can reach 26 days.

  The company’s inventory model is omni-channel inventory sharing, and the system automatically balances the inventory after identifying the relationship between inventory and demand among channels, effectively supporting the timely response of omni-channel demand. At the same time, the company continued to iteratively deepen the S&OP system, and managed the whole chain information from the annual, quarterly, monthly and Thursday levels, and established a supply collaborative management system with annual budget planning, quarterly capacity pulling, monthly plan adjustment and weekly supply and demand response. Based on new formats such as live broadcast, the company cooperates with suppliers to create a factory direct hair model. After two rounds of SRM system upgrades, the company further improved the whole life cycle management of suppliers, and realized the online data management of suppliers from demand confirmation, source matching, introduction of certification to dynamic performance and capability evaluation, performance and special improvement, replacement and withdrawal management and cost.

  (E) The company has a solid first-Mover advantage in digital construction.

  Adhering to the value-oriented digital investment, the company has successfully achieved efficient integration between core business systems. The foreground system has flexible coverage, the middle system has high integration efficiency, and the background system has stable support. At present, the company order system supports more than 3 million online single-day transactions and 1 million offline single-day transactions; The logistics system realizes the rapid delivery of more than 800,000 parcels per day, while the membership system operates the functions of points and stored value of tens of millions of members. This comprehensive digital support provides a solid backing for omni-channel operation. The back-office system integrates resources accurately, allocates resources efficiently, realizes the foresight analysis, real-time monitoring and careful inspection of the whole operation process, and constructs a scientific decision-making control mechanism based on data. With the support of intelligent digital logistics center, the company’s omni-channel supply realizes inventory sharing and integrated delivery sorting, providing reliable guarantee for strategic objectives. At the same time, the company is firmly committed to integrating AI technology into digital construction, and plays a huge role in business decision-making, data analysis, customer service and other fields.

  In the future, the company will further integrate the application scenarios of AI. Further provide smarter member management and personalized services to create more valuable interactions for tens of millions of members; Further realize a more intelligent order processing and recommendation mechanism to provide users with a more personalized experience; Further optimize the distribution route and improve transportation efficiency, and improve the response speed and accuracy of the logistics system; Finally, we will consolidate the company’s digital first-Mover advantage, build a more intelligent and efficient digital ecosystem, and consolidate the company’s leading position in the industry.

  

  V. Main operations during the reporting period

  

  VI. The Company’s Discussion and Analysis on the Company’s Future Development

  (A) the industry pattern and trends

  From the demand side, the trend of consumption demand upgrading and consumption classification is becoming more and more obvious, and consumers’ consumption demand for snack food has changed from "full" and "safe" to "nutritious and healthy", "fun" and "emotional value". From the traffic end, the trend of traffic decentralization is obvious, new channels such as live e-commerce are booming, and an omni-channel digital retail ecology centered on consumers is initially formed.

  (II) Company development strategy

  Consolidate the brand positioning of high-quality snacks in good shops. Continue to strengthen investment in product research and development and build technical barriers to product research and development. Adhere to the mission of product quality first, strengthen product innovation, deepen market segmentation, provide differentiated product solutions for segmented people, and meet the needs of users for nutritious and healthy food. Take the operation and development of stores as the core to carry out omni-channel development, deeply explore the omni-channel development model supported by digital technology, face consumers and competition, and continuously improve the efficiency of the whole link. Insist on continuous investment in products, supply chain, organization and management system, and consolidate the competitiveness of good shops in all directions.

  (3) Business plan

  Based on the company’s strategic development vision, in 2024, the company will uphold the core concept of innovation and development, enhance brand value, further consolidate the company’s market position in the snack industry, and improve operational efficiency. The key business plans are as follows:

  1. Improve the management efficiency and quality of store business. The company will continue its in-depth operation in brand building, product diversification and service quality to enhance customers’ willingness to go to the store and consumer satisfaction. Facing the rapid changes in the market environment, the company will constantly introduce new ideas, new elements and new values based on the characteristics and needs of different customer groups, and update and optimize the store model.

  2. Strengthen the construction of product innovation system. The company will focus on cultivating product innovation ability, research and develop products with differentiated concepts based on the market development trend and the changing trend of user demand, and establish an integrated product management model with product innovation as the core, so as to realize the continuous output and iteration of differentiated products, optimize product structure and improve business profitability.

  3. Actively transfer product value. All along, the company’s products have won a good brand reputation because of their quality and taste. While continuously improving the product innovation capability, the company will also pay more attention to the value transmission of products to ensure that distinctive differentiated products can be fully displayed and recognized.

  (4) Possible risks

  1. Seasonal risk of sales

  The snack food industry has obvious seasonal characteristics. On the one hand, due to climatic reasons, consumers generally have higher consumption demand for snack food in the first quarter or the fourth quarter; On the other hand, traditional holidays such as New Year’s Day, Lantern Festival, Spring Festival and Mid-Autumn Festival are mainly concentrated in the first quarter or the fourth quarter, so the first and fourth quarters are usually the peak seasons for the snack food industry. In addition, in recent years, influenced by the sales model of e-commerce, the sales scale of snack food will also increase greatly during the discount promotion periods such as "618", "Double Eleven", "Double Twelve" and "New Year Festival" every year, resulting in certain fluctuations in the company’s performance during the year. Therefore, if the company can’t accurately grasp the market rhythm and arrange the procurement and distribution, inventory and stocking in advance, the company will face the operational risk of losing market share due to insufficient stocking or overstocking of some products.

  2. Risk of raw material price fluctuation

  The main raw materials of the company’s snack food include nuts, fruits, meat, aquatic products, grains and other agricultural and sideline products. In recent years, China’s snack food industry has generally maintained a good development momentum. However, because agricultural and sideline products are easily affected by natural conditions, market supply and demand and other factors, their prices fluctuate to some extent. Therefore, there is a risk that the company’s procurement cost will change with the market price fluctuation of agricultural and sideline products. Although the company has stabilized and improved its profitability by constantly improving the supplier introduction system, establishing a linkage mechanism between purchase price and product selling price, and conducting large-scale procurement, if the price of raw materials fluctuates greatly in the future and the company cannot eliminate the adverse effects caused by the fluctuation of raw material prices in time, it will have an adverse impact on the company’s profitability and financial situation.

  3, industry competition risk

  In recent years, with the continuous improvement of residents’ living standards, China’s snack food industry has continued to develop and the number of market participants has been increasing. At the same time, some regional snack food enterprises have gradually formed, and these enterprises have gradually developed and expanded with their advantages in brand, capital and regionality, and the competition in the snack food industry has become increasingly fierce. After years of development, the company has formed strong competitiveness in product research and development, omni-channel operation, supply chain integration, digital transformation, etc., and continues to consolidate its differentiated competitive advantage in terms of brand culture, product quality, omni-channel operation, big data application, etc. However, with the increase of new enterprises and brands entering the snack food industry, if the company cannot continue to maintain its leading position and differentiated competitive advantage in the industry, it may lead to a decline in product sales or lower price, thus affecting the company’s financial situation and operating performance.

  4. Food safety and quality risks

  The company is mainly engaged in the research and development, procurement, sales, logistics distribution and operation of snack food. In recent years, with the government and consumers paying more and more attention to food safety, food quality and safety has become the top priority for the survival and development of snack food enterprises.

  The company continuously increased investment in product research and development, procurement, production, transportation, warehousing and sales, from system construction, hardware facilities to staffing, and constantly improved the whole process quality control process according to business changes, forming a perfect product quality and safety control system. The company has established multiple mechanisms of supplier introduction management, supplier production process control, product acceptance quality management and food safety management in storage, transportation and sales. In the introduction process, each new supplier has been strictly screened through the processes of hardware condition investigation, compliance review, sample testing, product evaluation and testing, and on-site audit; In the process of cooperation, the quality performance evaluation and risk grading dynamic management are carried out for suppliers, and annual inspection and flight audit are carried out accordingly to eliminate unqualified suppliers. In order to improve the quality management level of suppliers, the company formulated the supplier quality management manual, unified the quality and safety control requirements for suppliers, conducted training and supervised the implementation. In order to ensure the stability and high standards of product quality, the company has formulated strict product quality standards; For zero food with agricultural products as raw materials, we should adhere to strict quality control standards for raw materials, inspect the origin of raw materials with upstream suppliers, select high-quality raw materials, and always adhere to the formulation of food safety indicators stricter than national standards. The company has established its own testing center, passed CNAS certification, and continuously verified its ability, cooperated with third-party testing institutions, empowered suppliers, and established a "good product testing center as the leading factor, third-party testing institutions as the auxiliary, and laboratories of various manufacturers as the basis".The detection system. Strict inspection on arrival and monitoring of key quality and safety indicators during shelf life are implemented, and the five-link product acceptance process from arrival sampling to sample retention secondary inspection is implemented, covering all links from product warehousing to marketing and sales. At the same time, digital means are adopted in product acceptance, storage, transportation and sales environment, production and sales cycle control, disposal of unqualified products, and customer complaint reverse traceability, so as to deepen quality control with all factors, whole process and high standards.

  Nevertheless, the quality of the company’s products is inevitably limited by the supply of raw materials for agricultural and sideline products, the production capacity of suppliers, the storage conditions during transportation and the climate and environment, and the risk of product quality problems caused by some unforeseen factors cannot be completely avoided. If the products sold by the company have food safety risks or even food safety accidents, it will adversely affect the company’s brand image and business performance.

  5. Risk of brand counterfeiting

  Brand is an important influencing factor for consumers to buy snack food. After years of efforts, the company has won honorary titles including "China Well-known Trademark" issued by the State Administration for Industry and Commerce, "Hubei Famous Trademark Enterprise" issued by the Hubei Provincial Administration for Industry and Commerce, and "E-commerce Demonstration Enterprise" issued by the Ministry of Commerce. The brand of "Liangpin Shop" has a high popularity and reputation in the domestic snack food market. However, with the expansion and development of snack food market, copying and forging products of well-known brands has become a means for some unscrupulous manufacturers to participate in market competition. The company has actively taken various measures to protect independent intellectual property rights, but there are also cases where all infringement information is not obtained in time. If the company’s products are copied in large quantities in the future, it may affect the company’s brand image and consumers’ willingness to consume the company’s products, which will adversely affect the company’s normal production and operation.

Changan Auchan A600 sparrow is small and complete, and its configuration and power are the highlights.

Nowadays, consumers pay more and more attention to space when buying a car, which is worth mentioning in terms of space performance. Come and see it quickly.

Let’s take a look at the appearance of Changan Auchan A600. The design of the front face of Changan Auchan A600 is quite atmospheric and unforgettable. Combined with the headlights with flamboyant personality, it has been upgraded to a certain level. The car is equipped with front fog lights, delayed closing and so on. Come to the side of the car, the car body size is 4475MM*1725MM*1685MM, the car uses soft lines, giving people a very full feeling, with large-sized thick-walled tires, giving people a very round and lovely feeling. In the design of the rear end, the rear end looks very simple, the taillight style is softer, and with the unique exhaust pipe, the overall look is very simple and generous.

In terms of interior, the interior of Changan Auchan A600 enhances the visual sense of youth, and the overall design atmosphere is still in place. The steering wheel design of the car is very stable, made of plastic material, giving people a good grip experience. Let’s take a look at the central control. The center console is made of plastic, which makes the interior design quite layered and looks very fashionable and simple. The dashboard and seats give people a good feeling, too. Let’s take a look. The car is equipped with a simple dashboard and the shape takes the sports route. The car uses fabric seats, which are wide and thick, and are basically enough for daily use.

Changan Auchan A600 is matched with a manual (MT) gearbox, with a maximum power of 79KW and a maximum torque of 145N.m, and its power performance is good.

Changan Auchan A600 trunk has a high space availability and excellent loading capacity, and the rear seats support the proportion down, so the space can be further expanded. At the same time, the car is equipped with anti-lock braking system (ABS), braking force distribution (EBD), front fog lamp main driver airbag and other safety configurations.

The car introduced today is remarkable in terms of space, configuration and power, and home travel is also a good helper. Xiao Bian suggests that your heart is not as good as action, so go to the 4S shop to talk about the discount.

At the Guangzhou Auto Show just past, Tengshi Automobile’s "D-class technology luxury flagship car" …

At the Guangzhou Auto Show just past, Tengshi Automobile's "D-class technology luxury flagship car" …

At the Guangzhou Auto Show just past, Tengshi Z9, a "D-class technology luxury flagship sedan" owned by Tengshi Automobile, was officially launched. It launched five models, namely the easy three-way plug-in version and the easy three-way pure electric version. The official price is the same as that of Z9GT, ranging from 334,800 yuan to 414,800 yuan. Today, let’s take you offline and have a look. What’s the "Full Scene Rigid 56E" model like? # Tengshi Z9, the strong rival of traditional luxury car, is coming # # Technology reshapes Tengshi Z9 of luxury car #