Zhang Xinghai, Chairperson of Sailis Automobile: Building a high-end smart travel life with technological innovation

On May 11, the People’s Daily published a series of articles on the theme of China Brand Day, "Driving Innovation and Stimulating Brand Vitality". Among them, Zhang Xinghai, chairperson of Sailis Automobile, introduced the vivid practice of enterprises to give full play to innovation leadership and promote high-quality development with the theme of "building a high-end smart travel life with technological innovation". The content is as follows:

It’s not a good idea.Building a high-end smart travel life with technological innovation

Zhang Xinghai, Chairperson of Cyrus Automobile

Today, the "digital intelligence" of the automotive industry is reshaping people’s lifestyles. As a technology-based manufacturing enterprise that deeply cultivates technological innovation, Cyrus Automobile has always adhered to innovation-driven, committed to promoting the transformation and upgrading of traditional cars to smart cars and traditional manufacturing to intelligent manufacturing, and building a high-end smart life for users with innovative products.

Sailis Headquarters in Shapingba District, Chongqing

  In the field of innovative Product Research & Development, Cyrus Automobile actively applies digital intelligence technology, and has successively launched intelligent new energy vehicle solutions with multi-technology paths such as pure electricity and extended range. The AITO series of models designed and launched have sold a total of 100,000 vehicles. At the same time, Cyrus Automobile strives to promote the integrated research and development of intelligent software and hardware, including "full-stack self-research + system integration" two capabilities, covering five functional areas of intelligent vehicle control, intelligent electronic control, intelligent cockpit, intelligent network connection, and intelligent driving.

  Based on its own intelligent manufacturing capabilities, Cyrus Automobile has also developed a super electric drive intelligent technology platform, which has realized a comprehensive evolution of the third-generation range extender, drive technology, and intelligent control at the technical level, meeting the needs of users with low energy consumption, long battery life, and high performance. For a better user travel experience, Cyrus Automobile has built an effective machine vision transportation solution, which greatly improves the operation and maintenance efficiency of vehicles.

  Cyrus Automobile also relies on its independent innovation capabilities and uses digital twin technology to build an intelligent production base, dedicated to building a "China’s leading and world-class" smart factory. The Cyrus smart factory has stamping, welding, painting, and final assembly workshops, with more than 1,000 robots working together. The key processes are 100% automated and 24-hour OurHours online inspection effectively reduces labor costs while further improving production efficiency and ensuring product quality.

  All along, Sailis Automotive has adhered to the green and low-carbon long-term philosophy, adhering to the mission of "promoting the transformation of automotive energy and creating a smart mobile life", integrating green environmental protection concepts into the whole product life cycle, covering design, production, logistics and recycling, to promote green development and achieve low-carbon development.

  Serving users wholeheartedly is the "anchor" for the high-quality development of Cyrus. In the 20 years of car building, Cyrus’s customer service has undergone a transformation from "after-sales maintenance" to "passive service to active service", and then to "software-defined cars" in response to the trend of the times, but what has remained unchanged is the firm practice of the concept of serving users wholeheartedly.

Hainan proposes to ban the sale of fuel vehicles in 2030. Is there a new opportunity?

  The first in the country! Here it is proposed that the sale of fuel vehicles will be banned in 2030! New opportunities are coming?

  In December 2020, the Central Economic Work Conference set the goal of "our country’s carbon dioxide emissions strive to peak before 2030 and strive to achieve carbon neutrality before 2060."

  In the context of the "double carbon" goal, the popularity of "new energy vehicles" continues to soar: from January to August this year, the production and sales of new energy vehicles have reached 1.813 million and 1.799 million respectively!

  At the same time, a ban on the sale of fuel vehicles has also been put on the agenda. As early as 2019, Hainan Province released the "Hainan Province Clean Energy Vehicle Development Plan", which was the first in the country to propose a ban on the sale of fuel vehicles in 2030.

  When achieving the "double carbon" goal becomes the active choice for industrial and urban development, and when technological change is surging, what opportunities and challenges are brewing in the future of new energy vehicles?

  CCTV Finance’s "Dialogue" program invited Wan Gang, Vice Chairperson of the National Committee of the Chinese People’s Political Consultative Conference and Chairperson of the China Association for Science and Technology, Feng Fei, Governor of the Hainan Provincial People’s Government, and Wang Guoqiang, Director and Deputy Secretary of the Party Committee of China First Automobile Group Co., Ltd., to the World New Energy Vehicle Conference to answer these questions.

  Why ban the sale of fuel vehicles?

  Although the market share of new energy vehicles is getting higher and higher, as an "old qualification" that has existed for so long, do fuel vehicles really need to be banned?

  Feng Fei, governor of the Hainan Provincial People’s Government, explained: "There are three main considerations. The first central government has requirements, the strategic positioning of three districts and one center. One of the districts is called the Ecological Civilization Experimental Zone, and the central government has proposed a relatively high positioning. Therefore, we regard energy conservation and environmental protection of automobiles, and the large-scale popularization of the use of new energy vehicles as an important strategic direction. It is also as the construction of ecological civilization. We call it one of the four landmark projects."

  "The second consideration is that Hainan has a need. Blue seas, blue skies, green waters and green mountains are very scarce and important resources in Hainan. Hainan’s ecological environment can only get better, not worse."

  "The third future has prospects. We have been thinking about the free trade port in Hainan, including what kind of development model and form the industry in Hainan will be. We need to plan for the future and achieve leapfrog development. The development of new energy vehicles is a very important direction representing the future. It turns out that I am doing economic research. If a new technology and new product accounts for 1% of the market share, it may be a leap and a qualitative leap. Now we see that new energy vehicles have far exceeded such a hurdle and become a new industry with enough business models and sufficient internal motivation for development. Therefore, I think the new energy vehicle market in Hainan may be the fastest growing market in the country in the future."

  Wang Guoqiang, director and deputy party secretary of China FAW Group Co., Ltd., went on to express his willingness to work together as a service provider for this goal: "By 2025, the sales of Hongqi cars will exceed 1.20 million, and the new energy vehicles will be more than 500,000. By 2030, it is in line with our goal of banning the sale of fuel vehicles in Hainan Province."

  Is the era of fuel vehicles really coming to an end?

  With clear goals and ambitious blueprints, is the internal combustion engine really about to be completely phased out? Will the era of fuel vehicles be gone forever? What challenges will this bring to the manufacturing side?

  Wan Gang, vice-chairperson of the National Committee of the Chinese People’s Political Consultative Conference and chairperson of the China Association for Science and Technology, said: "Many people say that in the end, the internal combustion engine will be eliminated. I say that this is a very long process, and life and death will inevitably occur in the long river of history. But as far as I can see, it will still play an important role in the next 20 or 30 years. Let’s not talk about the heavy-duty internal combustion engine. In fact, even the light-duty internal combustion engine of our cars will continue to innovate, and there are many things that will happen in the future. That is to say, in the future, you may be able to drive 100 kilometers with a liter of oil after an extended-range engine is installed, which will also reduce the user’s mileage worries. Of course, it is also a competition, and the functional efficiency of the battery’s fast charging and discharging is also

  As for the manufacturing of new energy vehicles in the "double carbon" era, Vice Chairperson Wan Gang proposed: "Reduce energy consumption through intelligent manufacturing. Reduce carbon emissions in the manufacturing process through material conservation and low carbonization. In the design process, it is necessary to take into account its recycling and utilization, forming a circular economy. In this way, the whole cycle of carbon emission reduction can achieve the low-carbon development of the entire industrial chain of our automobile industry."

  Future | The future of new energy vehicles? Draw it for you

  Adults are planning, children are imagining. In addition to rational design and conception, in the face of future new energy vehicles, we also need inspiration from children to fly.

  One of the paintings aroused the curiosity of Vice Chairperson Wan Gang: "What does this look like? Like a Mars rover. It has four wheels that can drive autonomously, and it adds a small compartment to the rover, with people sitting in it. I don’t know if you can see it. What is the difference between these cars and the traditional gasoline cars we usually sit in? It doesn’t have a big nose. Our generation is already familiar with it. The internal combustion engine is always installed in the car. It must be installed in the front, so this car must have a big nose. And in the minds of these children, the car of the future is infinitely malleable to them. Twenty years later, they are the car producers, and they are also the future users of the car. Little designers’ fantasies about the future may be our goal in the future. "

  The environment shapes the times, and the times affect industries. Every change makes some former partners history, but it also brings us new friends, lives, and opportunities.

How about Xiaomi TV? The answer that there is no harm without comparison is here

Graduation season is not the season of breakup, but the season of engagement and marriage. From school uniforms to wedding dresses, from dormitories to common small homes, every step must be carefully calculated during this period. Smart TVs, as common smart homes, play a crucial role in the wedding room. Many friends have been asking recently how about Xiaomi TV? Is it worth buying? So today we use the following glory smart screen X1 as a benchmark to see how Xiaomi TV is!

Like everyone here, I pay more attention to the appearance of smart TVs, which is also the first reference factor for young people when purchasing products. The overall design of the two smart TVs is similar, but in terms of details, the Honor smart screen X1 is better. The Honor smart screen X1 adopts a 3D streamer frame design, which has a strong streamer texture and an instant full sense of trend, which also better fits the positioning of the Honor technology trend brand. The design of the super large screen better highlights the visual center, and the 94% screen ratio can fully meet the needs of users. In contrast, the design of the Xiaomi TV frame is relatively rough and exudes a strong plastic feeling, which is not in line with the aesthetics of today’s young people.

After the boot, the difference between the two smart TVs immediately became apparent. The fact that the Honor Smart Screen X1 has no boot ads is really unexpected, because boot ads have become an unspoken rule in the field of smart TVs. After all, brands also need to eat. Watching Xiaomi TV, the boot ads are close to 1 minute (44 seconds). Secondly, let’s compare the image quality of Xiaomi TV and Honor Smart Screen X1. The three major parts of HDR, color and MEMC were tested respectively. Honor Smart Screen X1 is excellent in color performance, with natural no deviation in color and just the right saturation. With the blessing of MEMC technology, the texture of the picture is more high-definition, and the dynamic picture is also very clear. This technology is not supported by Xiaomi TV for the time being. At the same time, the Honor Smart Screen X1 can support 8K video playback, but Xiaomi still lacks in this regard.

After seeing the image quality, let’s look at the sound quality again. In terms of sound quality, the Honor Smart Screen X1 series is equipped with a total of 4 10W speakers, with high treble and low bass. The level is very distinct and the atmosphere is very strong, which is easy to bring users into the plot. At the same time, this Honor Smart Screen X1 series also inherits the five MegaBass of HUAWEI Histen, which enhances the texture of the sound effect and enhances the user experience.

On the other hand, the Xiaomi TV was evaluated and analyzed. As an early brand to develop smart TVs, high sound quality has always been the main promotion point of Xiaomi TV. He also made great efforts to arrange 8 units of audio, and many users paid for it. In fact, Xiaomi has flipped over many times, and the sound quality promotion is among them. Compared with the 4-unit Honor smart screen X1, the so-called "8" unit Xiaomi TV has a huge difference in sound quality. The Xiaomi TV is mostly accompanied by noise, and the user experience is very poor. So if you like to watch shocking blockbusters, then the Honor smart screen X1 is a good choice!

After reading this evaluation, I think everyone has a certain answer to how Xiaomi TV is. Although Xiaomi set foot in the field of smart TV earlier, it did not have innovative thinking in the later development, and failed to pay attention to technological development and user experience, which is a pity.

Disclaimer: The market is risky, so choose carefully! This article is for reference only and is not a basis for buying or selling.

Article Complaint Hotline: 156 0057 2229 Complaint Email: 29132 36@qq.com

On the third anniversary of Wu Mengda’s death, Guo Fan wrote a tribute: I miss you


1905 movie network news On February 27, the third anniversary of the actor’s death in Hong Kong, the director wrote in memory of Uncle Da: "I miss you".


Mr. Ng, who died of liver cancer on Feb. 27, 2021, at the age of 70, was highly respected in the community after 48 years of filmmaking and nearly 170 films, having worked with nearly every famous actor in Hong Kong.


Wu Mengda once played his grandfather "Han Ziang" in the film directed by Guo Fan. At that time, Wu Mengda was 66 years old, but every time he personally completed the hanging weiya and difficult action scenes, he had to inhale oxygen on the side after each scene, showing the dedication of the old artist.


In order to remember and commemorate Mr. Wu Mengda, director Guo Fan also used CG to restore the role of "Han Ziang" in the film. At that time, seeing this scene made many audiences cry.


The morning newspaper is super informative Shu Zhou Xingchi’s hand-painted poster breaks the dimensional wall and the score of "Earth" is embarrassing

Fresh information morning call is all in the morning newspaper

 

Across 2018, when melon-eating netizens are still immersed in the holiday and have to continue the sadness of bricks, they can’t extricate themselves. Some girls have already rolled up their sleeves to prepare the morning paper for everyone~

The trailer is fresh to behold. Zhou Xingchi exposes hand-painted posters, eight characters break the dimensional wall

 

The much-anticipated "New King of Comedy" (tentative title) finally has a new action. The film revealed a new hand-painted poster yesterday. The poster not only has the words "Hard! Come on!" handwritten by director Stephen Chow, but also the crayon portraits of the eight main characters are arranged in a square shape. But these eight characters seem to break the dimensional wall, including Snow White, ancient costumes similar to those in China, and even "King Kong", which is very magical.

Previously, "The King of New Comedy" only exposed a hand-painted poster of Snow White, who looked domineering with a folding stool in hand. In addition, the film only officially announced Wang Baoqiang as a protagonist, and even the online rumor that Yao Chen will play the heroine has not been confirmed. In the middle of the newly released poster, there is a line of words that says "who are you". Some people think this is not only a question raised by the director to the audience, but also a question raised by the audience to the eight protagonists. I sincerely hope that the film can release more materials as soon as possible~

Overseas telescopes, a new trailer was revealed, and the original team built it

 

"Happy Death Day 2," a horror comedy slated for release on Valentine’s Day this year, recently released a new trailer. In the trailer, the heroine is trapped in a cycle of time, and she keeps experiencing the same day of life. In order to find some fun in this helpless life, she began her own "trick to death" process.

The whole trailer is about showing the heroine’s suicide method, blowing up gas tanks, committing suicide, jumping out of a plane without a parachute, and so on. This plot is very similar to a famous movie. Judging from the performance of the trailer, the film will follow the path of comedy and horror films. The story still takes place on a university campus, and the murderer with a hood is still killing people without blinking an eye. It can be said that the sequel continues the previous work creatively. It is still a problem of time cycle. From this point of view, the main creative team seems to be a little "creative insufficient". SO, I wonder if this small-cost dark horse can continue to write a box office miracle~

Do you like the horror comedy Nai Meng? Keep watching it. The following movie may interest you! "Predatory City", created by the original production team of "Lord of the Rings", has been officially announced to be released nationwide on January 18. Directed by the famous director Peter Jackson, the film tells the story of a future world hundreds of years later, where humans live in "moving cities" equipped with huge wheels. In order to compete for depleted resources to keep the engine running, cities engage in brutal predation and annexation.

In the preview, it shows the magnificent scene of the future world, the city is transformed into a fast-moving steel behemoth, the fate of mankind is imminent, the magnificent wonders of sea, land and air, and the thrilling war scenes are breathtaking. The film is a key film project of Peter Jackson’s team in recent years, and he also personally serves as a producer and screenwriter to escort the quality of the film. The "Lord of the Rings" trilogy and the "Hobbit" trilogy created by Peter Jackson have caused a worldwide "Middle-earth" boom, and the global box office has accumulated nearly 6 billion US dollars. Needless to say, this film is very worth looking forward to. See you for a long time!

Industry broadcastersShu Domestic ratings are terrible? But favored by foreign media

 

Recently, "The Last Night of the Earth" Rotten Tomatoes score was announced, the freshness of 89%, 18 critics of 16 gave a good review, 2 bad reviews. IMDb score of 7.3/10, MTC score of 88 points. Domestic ratings are relatively more terrible: Douban rating 6.8, Taotiao ticket 3.4, cat eye 2.8.

"Indiewire" said: "The second work of Chinese director Bi Gan takes the innovation of film language expression to the extreme. The unexpected work, the crystallization of Wong Kar-wai and Tarkovsky, transitions from a gorgeous collage imitation to a brave go-ahead. The previous pre-sale of" The Last Night of the Earth "broke through 100 million, and the box office on the first day of its release on December 31 was 260 million, but the box office has since fallen, and the box office is currently 267 million in two days. It seems that" The Last Night of the Earth "will be a mixed film again~

Movie Calendar | Mel Gibson is Born



(The specific broadcast content is subject to TV)


Want to get more fresh movie information, one-hand love beans, exclusive live video, don’t hurry to download CCTV6 movie channel app, there are materials waiting for you to make an appointment!

Meituan’s home express inspection service for buying medicine was launched in Shenzhen today, with the first stop covering Nanshan, Baoan and Futian

On December 20, Meituan’s drug-buying home inspection service was launched in Shenzhen. Today, at 10 o’clock, the store in Nanshan District opened on time and ushered in the first order. According to Meituan’s drug-buying news, today is the first day of Shenzhen’s launch. It is expected that the coverage will be expanded from Nanshan, Baoan, and Futian districts to the whole urban area this week, so that users can test at home according to their own situation.

Guangdong cliff cooling, Shenzhen Sufuda search week increased more than 4 times

According to Meituan’s drug-buying health index, the growth rate of drug orders related to influenza A in Shenzhen has slowed down slightly recently, but the search volume is still in a high and volatile trend. This week, the search volume of Sufuda in Shenzhen has increased by more than 4 times. Combined with the impact of the recent super-strong cold air, it is judged that there will be some room for growth in influenza. Home express inspection is also in a high-demand stage.

According to reports, there are currently two ways to place an order for home express inspection: the first is to search for "home express inspection" to enter the detection special page on the "see a doctor and buy medicine" channel of Meituan and Meituan takeaway apps, and click Detect Now to enter the purchase page; the second is to search for "Meituan buy medicine" Mini Program or scan the Mini Program QR code through WeChat to enter the order page. It takes about 3 hours from order placement to sampling to report. In addition to the test results of viruses and bacteria related to 12 respiratory tract infections, there will also be content such as virus and bacteria science popularization and medication rehabilitation suggestions.

There are various types of flu test kits on the market, and doctors say nucleic acid is still the "gold standard".

During the flu-prone period, there are a wide variety of test kits on the market, and some netizens have spontaneous experience. The three common test kits on the market are compared: Meituan Home Quick Test, for example, the nucleic acid test has high sensitivity and strong specificity, which can help early detection and accurate identification of viruses and bacteria; antigen detection is fast and simple, generally results can be obtained within 15 to 30 minutes, but the sensitivity is low and may miss detection; compared with antigen detection, antibody detection overcomes the problem of low sensitivity, but for individuals with low immunity, it may not be able to produce enough antibodies for detection, and there is a chance of false positives, which is still not stable enough.

In this regard, Li Dong, director of the general department of infection at Beijing You’an Hospital, said in an interview with the People’s Daily that nucleic acid testing is the gold standard for pathogen detection, and it is meaningful to clarify the pathogen at this stage.

Recently, the temperature across the country has dropped sharply, and the epidemic period of influenza disease has not yet come to an end. The relevant person in charge of Meituan Pharmacy Service Center reminded that if you feel unwell, you can first test to determine the cause, then consult online or offline, and follow the doctor’s instructions. Do not buy or take medicine blindly. At the same time, pay attention to maintaining healthy living habits, try not to go to crowded places, wear a mask when you go out, and do a good job of disinfection and personal protection.

Note: This article belongs to the industry information published on the Central Broadcasting Network. The content of the article does not represent the views of this website and is for reference only.

Congratulations to Andy! Andy Lau won the Toronto Film Festival Special Contribution Award


1905 movie network news Congratulations to Andy! The Toronto Film Festival has announced his "Special Contribution Award" and will present him with an award on September 15 during this year’s Toronto Film Festival.


Andy Lau deserves to be the first Chinese filmmaker to win the award, and he will also star in the director’s new film at this year’s Toronto Film Festival. The festival will be held from September 7 to September 17.


The movie "Mr. Red Carpet" mainly tells the absurd story of Hong Kong’s old star working with a mainland director in order to "turn red". Andy Lau has been popular for many years, and he is a national idol in the hearts of audiences. To a certain extent, this film also overlaps with his experience. I look forward to how he will play this role.


Seeing the director being excavated with my brother, with the popularity of "Hua Qiangu", Marco’s new drama is matched for the newcomer?

There are many beautiful men in the entertainment industry who are suitable for ancient costumes, but there are not many who can still look good after taking off the ancient costumes. Marco is such a representative. In "Hua Qiangu", with the corner of the first beautiful man in the Six Realms "Killing Qianmo", Marco has attracted countless fans, but after a short period of glory, Marco has not caused more splashes in the entertainment industry. Now the dress is slightly thin, and it is not easy to create more glory from the appearance.

From the first time Hua Qiangu saw him, he could tell how amazing "Kill Qianmo" was. He directly shouted "Kill Sister" and muttered to himself, "Sister is so beautiful, but her breasts are so small." Such an evaluation would definitely make a man angry, but it was a rare compliment to Kill Qianmo, who was so beautiful, and because of this, he had a cold temperament and a little more pity for Xiao Gu.

But unfortunately, after the success of killing Qianmo, it was a temporary ceiling for actor Marco, and after that, all the labels about Marco could not be separated from "Sister Hua". After that, Marco also made different attempts, acting in the rich second generation in modern dramas, also acting in youth blood dramas, and also exploring in suspense dramas, but unfortunately there were no more splashes.

In the suspense drama "Breaking the Cocoon" that just went LIVE, Marco starred as a special character, playing the attending physician of neurosurgery, a handsome guy in the ascetic department, Wen Bai, and the forensic doctor Jin Lingyi’s teacher and friend have a little different feelings, but this time Marco has no aura, and can only play a supporting role for the newcomer Zhang Yao. After taking off the ancient costume, Marco’s shape is slightly thin, and there are not many eye-catching places. In addition, the character itself is a bit cold, and it is difficult to give people a good impression at first glance.

On the contrary, the role of Wenbai itself is full of expectations. Judging from the current broadcast plot, he and the male protagonist Tan Jingtian played by Zhang Yao have many common interests and hobbies, and even nightmares are similar, which makes people curious about their relationship. However, from the perspective of the debut time and status in the circle, it is indeed a bit overkill to let Ma Ke play a supporting role for the rookie actor Zhang Yao, which is probably why the drama specially marked the special role.

Regardless of Marco’s embarrassment in the play, "Breaking the Cocoon" is a slightly interesting suspense drama. The biggest selling point is naturally the insect crime-solving method, which finds clues related to insects from unremarkable cases and uses the professional knowledge of the male protagonist to assist the police in solving the case. This novel and fascinating way of expression is a big point to watch. But the stereotype that this drama does not escape is that it unilaterally exaggerates the role of this place from which direction, and treats other people as decorations. How to balance the weight of the play is still debatable.

In fact, many people only know the embarrassment of Marco after he became popular, but they don’t necessarily know the anecdote about his entry into the entertainment industry. Marco’s older brother, Maher, is also an actor. Although he has no particularly impressive roles so far, he is a supporting role in Guo Jingyu’s series. He has appeared in "Red Lady", "Dog Stick", "Brave Heart" and "Great Yangge". After his brother was admitted to the Beijing Film Academy, he accidentally took his younger brother to meet the director. He didn’t expect that Marco would be accidentally photographed and enter the entertainment industry. Before starring in "Flower Qiangu", he had played Xiaoxue’s "Gossip Boyfriend" in "Family with Children".

The two brothers bravely ventured into the entertainment industry, and it stands to reason that they could support each other, but their appearance was too different, and the pace of development in the circle was also inconsistent. Compared with his brother, Marco was obviously lucky, at least he had been a big hit, but unfortunately, the role of "Killing Qianmo" was not enough for him to eat for a lifetime, and the flat taste after the explosion was estimated to be not easy to endure. However, due to the limitations of his appearance, it was estimated that it would be difficult for him to become popular, so in addition to playing a small supporting role in a down-to-earth manner, he had already found his own happiness. In 2018, he successfully proposed in "The Most Beautiful Crew", and he had successfully hugged the beauty back. I don’t know if Marco can break through next, but I really look forward to him leaving the label of "beautiful" and "handsome" and relying on his acting skills to find a different path. Text/Red Queen

Xiaomi co-founder Wang Chuan: Xiaomi TV has been fully reduced in price, and low prices can also make money

  On August 29, Xiaomi co-founder, vice president, and head of Xiaomi TV, Wang Chuan, released an article today entitled "Why did Xiaomi TV take the lead in cutting prices?" Wang Chuan said that in the second half of this year, we found signs of a decline in upstream raw material prices. Our first reaction was to return the benefits to users and become the first TV brand to cut prices comprehensively.

  It is reported that the categories of this price reduction include the comprehensive price adjustment of Xiaomi TV 4A from 43 inches to 65 inches, with a maximum decrease of 1,000 yuan.

  Wang Chuan said that in the first half of this year, the entire TV industry’s overall market was declining, and the strong TV companies in the past also encountered various problems. However, Xiaomi TV has achieved frequent success and achieved rapid growth against the trend.

  Wang Chuan said that at such a low price, Xiaomi TV is still making money, mainly for the following three reasons: first, in the upstream supply chain, we have more advantages than traditional manufacturers; second, Xiaomi’s self-built Xiaomi Mall and Xiaomi Home are very efficient channels; third, Xiaomi TV’s business model is a tipping model – internet service, Xiaomi TV is still profitable in the case of hardware not making money, forming a healthy business closed loop.

  The following is the full text of Wang Chuan’s article "Why Did Xiaomi TV Take the Lead in Reducing Prices?":

  Yesterday, we announced a price adjustment, becoming the first TV brand to cut prices across the board. As you may remember, the price of TV panels and other raw materials rose sharply in the second half of last year. Xiaomi persisted until the beginning of this year before it had to make a small price adjustment. It is the company that has raised prices the latest and lowest in the entire TV industry. In the second half of this year, we found that the prices of upstream raw materials showed signs of falling. Our first reaction was to return the benefits to users: Xiaomi TV 4A fully adjusted prices from 43 inches to 65 inches, with a maximum decrease of 1,000 yuan.

  Adhere to high cost performance and grow against the trend

  Does anyone say Xiaomi TV is crazy? No, insisting on high cost performance and saving every penny for users is the core value of Xiaomi. In May this year, we launched the world’s thinnest LCD TV, Xiaomi TV 4, with a thickness of only 4.9mm, 30% thinner than iPhone. The price of this top-of-the-line 55-inch TV is only 3,999 yuan, which is not much different from the price of an ordinary 55-inch TV. In March this year, when all the TV companies launched new spring products with sky-high prices, we launched a new cost-effective series – Xiaomi TV 4A, starting from 2,099 yuan, which is called the fighter in the TV industry.

  Why did you set such a price? Mr. Lei has said many times that Xiaomi is a kind company, a company that follows cost pricing and pursues low gross margin. It is a company that has the ability to sell products to 9999 yuan but insists on pricing 3999 yuan. This TV is priced as much as we don’t lose money. Now that the price of raw materials has dropped, we continue to follow the cost and reduce the TV price as soon as possible.

  Xiaomi is a company founded by a group of engineers. When other companies use technology as a selling point for them to obtain high gross profits, as engineers, our idea is very simple. The technology we have worked hard to develop is used to benefit millions of users, not a tool used by manufacturers to make huge profits. This is our dream when we created Xiaomi. "Let everyone enjoy the fun of technology."

  We want to be friends with every user. Lei always said, if you think about how to earn 100 yuan more users every day, how can you be friends with others? You have to think about how to save 100 yuan every day.

  In the past five years, Ray has never set a KPI for us. We have not discussed sales, sales volume, and profits. We believe that as long as we can make a good product, these things will follow, and the facts prove it.

  In the first half of this year, the overall TV industry was in decline, and the strong TV companies in the past also encountered various problems. Xiaomi TV has achieved rapid growth against the trend. According to data from Zhongyikang, in the first half of 2017, Xiaomi TV’s online sales increased by 91.2% year-on-year; according to the "Analysis Report on Home Appliance Online Shopping in the First Half of 2017" jointly released by CCID Research Institute and China Electronics News, Xiaomi TV was the TV brand with the largest increase in online sales in the first half of this year; according to statistics from Aowei Cloud Network for the second quarter of this year, Xiaomi TV won the online sales championship of the two mainstream sizes of 49 inches and 55 inches. This year 618, we won the sales championship of 43 inches, 49 inches, 55 inches, 65 inches and other size segments on JD.com and Tmall platforms. These sales rankings are very exciting for us, but there is one ranking that makes me even more proud, that is, the repeat purchase rate of Xiaomi TV is No. 1 in the entire TV industry, including foreign brands, which fully shows that after experiencing Xiaomi TV, users know what TV is most worth buying.

  Low prices can still make money, how did we do it?

  So why is 2017 a cold winter for the TV industry, but spring for us? With such a low price tag, many people think we are losing money, but I want to tell you that we can still make money. Why is that?

  As an Internet company, our huge core advantage in TV is emerging.

  First, in the upstream supply chain, we have an advantage over traditional manufacturers. Today, the entire manufacturing industry has entered an era of overcapacity. Instead of building our own factories, we choose the best quality and most efficient manufacturers among the best foundries in the world to produce Xiaomi TVs. I can use Sony’s, Samsung’s, and Sharp’s foundries. We can use the best craftsmanship to build Xiaomi TVs.

  Second, we have more and more advantages in sales channels. Xiaomi’s self-built Xiaomi Mall and Xiaomi Home are both very efficient channels. We are the first TV brand in the industry to achieve the same price online and offline; while traditional manufacturers hand over 40% of the cost to various offline channel providers. The same TV can only be made into two models. There is a big difference between one price online and one price offline. Bullying users who don’t know how to do it and relying on deception to obtain high gross profits. Industry insiders laugh at themselves as: "No pit, no deception, no color TV".

  Third, our business model is the tipping model – internet service. If users like our products, we are confident that the experience will be good enough for users to be willing to tip. The average daily boot rate of Xiaomi TV is as high as 68%, far exceeding the industry level of 56%. This shows that users of Xiaomi TV prefer to turn on the TV, and Xiaomi has more than 20 million users on the TV side and more than 10 million monthly active users. It is the largest Internet TV platform in China. With a large and highly active user base, our Internet revenue such as e-commerce and membership has exploded. This has allowed Xiaomi TV to achieve profitability even though the hardware is not profitable, forming a healthy business closed loop.

  Companies from the future

  Xiaomi TV’s dream is to "make the best TV, so that everyone can buy it". The three advantages of supply chain, sales channels and business model make the two seemingly contradictory ideas of "best TV" and "everyone can buy it" unified, so that we can use a lot of energy to polish each product under the premise of insisting on high cost performance. In recent years, many companies have been busy grabbing the market, and we have improved our products little by little from image quality, sound quality, craftsmanship, content, intelligence and other aspects, each of which has reached the top level in the industry. For example, Chinese TV manufacturers do not pay much attention to sound quality, but we are willing to make great efforts to hire world-class acoustic experts, establish a first-class acoustic laboratory, and successively launch Soundbar speakers, independent subwoofers, surround sound home theaters, and the first Dolby Atmos cinema TV, allowing users to enjoy sound quality comparable to cinema without leaving home.

  From the first generation to the fourth generation, each generation of Xiaomi TV has made great progress and is at the forefront of the TV industry. We are the first to create an artificial intelligence system that "understands the content and understands you better", so that users don’t have to struggle to find a large amount of TV content; the first to develop artificial intelligence voice TV, so that illiterate children and the elderly who are afraid of smart TVs can easily use smart TVs. We launched this year’s flagship product – Xiaomi TV 4, which looks like a borderless design of a piece of glass, a 4.9mm body that is 30% thinner than iPhone, and a price starting from 3499 yuan, all of which make the entire TV industry admire.

  With the popularity of the Internet, users are becoming more and more experts and buying smarter and smarter. We firmly believe that the era of relying on fooling users to obtain high gross profits is over, and the future belongs to companies like Xiaomi that insist on "making products that move people’s hearts and are affordable." Xiaomi is a company from the future.

Highlights of the evening announcement on August 2: Guizhou Moutai’s net profit in the first half of the year was 29.794 billion yuan, an increase of 20.85% year-on-year

  On the evening of August 2, a number of listed companies in Shanghai and Shenzhen issued announcements for investors’ reference:

  Major Announcements > > >

  Air China: Plans to raise no more than 15 billion yuan

  () announcement, the proposed increase in funding does not exceed 15 billion yuan, for the introduction of 22 aircraft projects and supplementary working capital.

  Changan Automobile: plans to add 1.169 billion yuan to the joint venture Avita Technology

  Changan Automobile announced that in order to enhance its core competitiveness, strengthen the coordination of industrial chain resources, and accelerate the development of intelligent electric vehicle (SEV) business, Avita Technology, a joint venture of the company, introduced investors in the Chongqing United Equity Exchange by way of public listing and expansion. Six investors were finally identified. Avita Technology has signed a strategic cooperation agreement with the above-mentioned new investors, and plans to carry out strategic cooperation in the fields of sales network support, chip guarantee and visual image perception, intelligent cockpit development, etc., to further strengthen the resource advantages of the industrial chain. Avita Technology plans to increase its registered capital by 472 million yuan, from 1.172 billion yuan to 1.645 billion yuan. Changan Automobile plans to increase its capital by 1.169 billion yuan. After the capital increase is completed, Changan Automobile’s shareholding ratio will increase from 39.02% to 40.99%.

  Longji Green Energy: Former Supervisor Receives Warning Letter from Shaanxi Securities Regulatory Bureau for Short-term Trading Company Convertible Bonds

  () Announcement that Li Xiangju, the former supervisor of the company, received a warning letter from the Shaanxi Securities Regulatory Bureau because of the short-term trading of the company’s convertible bonds. Li Xiangju herself has conducted a profound self-review and has returned the 300 yuan proceeds from the above short-term trading to the company.

  Jinjing Technology: The company’s perovskite cell-related product revenue accounts for a low proportion

  () Issued the announcement of abnormal stock trading fluctuations and risk warnings. Recently, the company has noticed that some media have associated the company with the hot market concepts related to perovskite cells. However, as of now, the domestic cadmium telluride and perovskite battery market is still in its infancy. The company’s related products generate a relatively low proportion of relevant operating income in this field, which will not have a significant impact on the company’s operating results. At the same time, the impact on future operating results is also highly uncertain. The company’s current production and operation activities are all normal, the internal production and operation order is normal, the company’s fundamentals have not changed significantly, the company’s main business structure has not changed significantly, and the company’s internal and external operating environment has not changed significantly in the near future.

  Guangxin Materials: At present, the output and sales scale of flat panel display photoresists are not large as a whole

  () issued an announcement of abnormal fluctuations in stock trading, the company’s current flat panel display photoresist products have only received small batch sales orders from some downstream customers (the cumulative sales volume is about 900 gallons, about 3.8 tons), and it is still in the initial market development stage. The overall production and sales scale are not large. The company’s fundraising project flat panel display photoresist, integrated circuit photoresist and supporting reagent planning capacity of 2000 tons/year and 5000 tons/year, there may be flat panel display photoresist, integrated circuit photoresist and supporting reagent customer verification caused by market development risks and related production capacity digestion risks; the company’s entry into new energy automotive coatings and other application fields is still in its infancy, the future can quickly open the market is still uncertain, the short term can not fully cover the company’s coatings plate due to important customer orders significantly reduce the impact of revenue.

  Zhenyu Technology: 2 billion yuan to build new energy vehicle power system core components and other projects

  () Announcement, the company plans to invest in the construction of new energy vehicle power system core parts project in Taicang, Jiangsu, and the construction of new energy battery structural parts production base project in Zhaoqing, Guangdong, with a total investment of 1 billion yuan. This foreign investment is to improve the company’s capacity in the field of motor core parts and new energy power lithium battery precision structural parts manufacturing, expand effective production capacity, and better meet the needs of customers for capacity matching.

  Skyline shares: about 3 billion yuan to build new lithium hexafluorophosphate, high-purity lithium fluoride and by-product supporting projects

  () Announcement, the company and the Ruichang Municipal People’s Government signed the "Contract on Investment and Construction of Skyline New Energy and New Materials Project", planning to invest about 3 billion yuan to build a new annual output of 30,000 tons of lithium hexafluorophosphate, 6,000 tons of high-purity lithium fluoride and by-product supporting projects.

  Riying Electronics: The company’s precision injection molding sales account for a relatively high proportion, and automotive wiring harnesses are mainly motorcycle wiring harnesses

  () Issued a change announcement. The company’s current main business is automotive washing systems, automotive electronics, precision injection molding and automotive wiring harnesses. Among them, precision injection molding sales account for a relatively high proportion. Automotive wiring harnesses are mainly motorcycle wiring harnesses. Automotive electronics are mainly based on PM2.5 sensors, temperature sensors, and sunroof controllers. Among them, temperature sensors are sold on household appliances and automotive temperature sensors. 360 panoramic surround view systems are normally mass-produced. Affected by high raw material prices and repeated epidemics leading to tight supply chains, the company’s product gross profit margin has declined.

  Dayuan Pump Industry: The company is not currently involved in other new energy industry chain businesses

  () issued a risk warning, some of the company’s canned pump series products are used in the field of engine system cooling, but the current contribution of related series products to the company’s performance is relatively small. In 2021, the series of products will achieve operating income of about 10 million yuan, accounting for about 0.67% of the company’s current total revenue. In addition to the above, the company is not currently involved in other new energy industry chain business.

  Hanlan Environment: Subsidiary plans to invest in Sanshui District domestic waste incineration power generation project

  () Announcement, it is planned to take the subsidiary Hanlan (Foshan Sanshui) Biological Environmental Protection Technology Co., Ltd. (the company holds 49%) as the main investor to invest in the Sanshui District Domestic Waste Incineration Power Generation Project of Foshan Sanshui Green Environmental Protection Project. The total treatment scale of the project is 1800 tons/day, the total investment is about 1.488 billion yuan, and the company invests according to the proportion of equity. Announcement on the same day, the board of directors agreed to start the issuance of infrastructure public offering REITs, and intends to select drainage business or solid waste treatment business related assets as pool assets, the scale is expected to be 1 billion – 3 billion yuan.

  China Life: to invest no more than 4 billion yuan to participate in the establishment of a partnership

  () Announcement, the company, property insurance companies and other investors intend to enter into a partnership agreement with Guangzhou Jinyang and Guangzhou Xinrong to jointly establish Guangzhou Xincheng Phase II Industrial Investment Fund Partnership (Limited Partnership). The total subscribed capital of all partners of the partnership shall not exceed 7.0014 billion yuan, of which, the company’s subscribed capital shall not exceed 4 billion yuan, and Guoshou Jinshi will act as the manager of the partnership. The partnership will mainly invest in equity assets in the field of inclusive finance. On the same day, it was announced that Zhao Peng has been appointed as the president of the company, and his qualifications are yet to be approved by the China Banking and Insurance Regulatory Commission.

  Lushan New Materials: The proposed issue of convertible bonds does not exceed 524 million yuan

  () announcement, the company intends to publicly issue convertible bonds proceeds raised total not more than 524 million yuan, after deducting the issuance costs for solar cell encapsulation film expansion projects and supplementary working capital.

  Performance > > >

  Guizhou Moutai: Net profit 29.794 billion yuan in the first half of the year, an increase of 20.85%

  () announcement, the first half of the operating income 57.617 billion yuan, an increase of 17.38%; net profit 29.794 billion yuan, an increase of 20.85%.

  Baichuan Energy: Net profit in the first half of the year fell by 28.19% year-on-year

  () announcement, the first half of the operating income 2.624 billion yuan, an increase of 7.28%; net profit attributable to the parent 246 million yuan, down 28.19%.

  New National Capital: Net profit in the first half of the year increased by 108.9% year-on-year

  () Disclosure of semi-annual report, the first half of the operating income of 2.123 billion yuan, an increase of 31.79%; net profit of 195 million yuan, an increase of 108.90%; basic earnings per share of 0.40 yuan.

  Increase and decrease holdings > > >

  RESCANDA: Shareholders plan to reduce their holdings by no more than 7.62% of the company’s shares

  () announced that shareholders Gao Lei and Wang Jianming, who hold 8.91% and 7.13% respectively, will reduce their holdings by no more than 7.62% of the company’s shares. Among them, Wang Jianming is a director of the company.

  Central Hailu: Shareholders plan to reduce their holdings by no more than 6% in total

  () Announcement, shareholder Guofa Zhifu (holding 3%) and its affiliate Guofa Rongfu (holding 3%) plan to reduce the company’s shares by no more than 6 million shares, that is, no more than 6% of the company’s total share capital.

  Ruida: Shareholders plan to reduce their holdings by no more than 3.46% of the company’s shares

  Ruida announced that its 7.16% shareholder, Guoke Ruihua, plans to reduce its stake in the company by no more than 3.46%.