14 seconds! Chinese people’s own CPU + operating system, achieving a leap

One second, two seconds, three seconds… Several "code farmers" from Beijing Xinchuang Enterprise sat in front of a laptop, holding their breaths and concentrating, their hearts seemed to beat at the same frequency as the second hand.

At the 14th second, the computer desktop "lit up" smoothly, and the laboratory was suddenly full of joy.

From fighting each other, to clenching their fingers into fists, Tongxin has joined forces with upstream and downstream enterprises in the industry to jointly promote the development of domestic operating systems.

In the rapid iteration of technology, the boot time of domestic operating systems has been gradually shortened, finally achieving a 14-second leap in 2022.

In March 2022, Tongfang laptops equipped with Loongson 3A5000 4-core processor, Tongxin UOS operating system, and Kunlun BIOS firmware achieved a leap in 14-second boot time, representing that the computers of "China Core" and "China Soul" are moving from "usable" to "easy to use", expanding the Chinese people’s place in the information technology industry that Intel and Microsoft have occupied for many years.

Each line of code leaping towards "14 seconds" hides the creativity and ambition of several generations of "Beijing code farmers". They represent Beijing’s "soft power", some are white-haired gentlemen who have been fighting for decades, and some are just entering the industry. The difficulties in the chain of information technology application and innovation are making key breakthroughs in their side-by-side struggles.

Loongson CPU out of the "darkest hour"

Boot speed is the first impression of computer performance to users. 10 years ago, it took 10 minutes or even longer to open a computer equipped with domestic hardware and software.

CPU (Central Processor) is the heart of the computer. If you want to speed up the computer, you must first pass this hurdle. Do Chinese people have their own CPU?

Yes. In the early morning of August 10, 2002, the computer installed with the "Loongson No. 1" CPU was successfully started, ending the history of the Chinese people relying entirely on imported CPUs to manufacture computers. In 2010, the Chinese Academy of Sciences and Beijing jointly funded the establishment of Loongson Zhongke Company, hoping that the R & D results will be accelerated and industrialized.

However, just over two years later, Longxin Zhongke fell into the "darkest moment".

The Loongson team with strong academic taste has been focusing on improving CPU performance, but has not come up with a general-purpose CPU that meets the mainstream needs of the market. The high investment in research and development has made the company’s funds tight, and even unable to pay salaries for a while, resulting in the loss of talent.

"This crisis forced us to recognize the reality." Founder Hu Weiwu realized that the R & D staff of "Shanghai" gave up the establishment of the Chinese Academy of Sciences, but forgot to pay attention to the real needs of the market. In other words, although the organization has been transformed, the concept has not kept up.

Hu Weiwu, Chief Engineer and Chief Designer of Loongson, Institute of Computing Technology, Chinese Academy of Sciences

At that time, the mainstream CPU in the market was a multi-core design. Intel’s main focus was dual-core and quad-core. In order to be superior, Loongson started with eight cores. Hu Weiwu admitted that the premise of "more people and more power" is that everyone must be strong. Although Loongson has eight cores, the performance of each core is not as good as that of humans. Loongson’s CPU was not accepted by the market at that time, and the reason is very simple – it is not easy to use.

After several years of detours, Loongson finally put down its "body" and turned its attention to the CPU in the field of industrial control, and then successfully applied it in the field of information technology. In constant trial and error and iteration, Loongson’s revenue exceeded 100 million yuan in 2015, achieving break-even for the first time.

From 2015 to 2020, the performance of Loongson increased by 10 times, which made it possible to support 14-second boot. Tongfang’s computer, whose boot time was shortened to 14 seconds, was equipped with the CPU of the Loongson 3A5000 series, and its performance was close to the mainstream level of open market CPUs.

Domestic operating system is just emerging

For the majority of computer users, the classic icon of the Windows operating system is deeply etched in their memory. The CPU is the heart of the computer, and the operating system is the soul. If Godson is benchmarking Intel, then who can benchmark Microsoft?

In 2011, when Hu Weiwu was struggling for a higher-level CPU, Liu Wenhuan, general manager of Tongxin Software, decided to start from scratch and build a domestic operating system.

"If conquering chip technology is like climbing the Himalayas, solving the domestic operating system is exploring the Mariana Trench." Before that, he worked in an information security company for more than a decade and increasingly felt that if the operating system bottleneck could not be solved, information security could only be on paper.

In the same period, a group of software companies with the same ideals were born in China. But the ideal is full and the reality is skinny. The first wave of early adopters found that computers equipped with domestic operating systems are not only slow, but also unable to chat, work and play games as normally as Windows. Although new domestic systems continue to be launched, these software companies have fallen one after another in the face of the gap in technology and the cruel choice of the market.

Overcoming difficulties cannot be solved by one’s own efforts. To solve the user pain points of slow boot and short battery life, CPU, operating system and other industries must jointly tackle key problems.

In 2019, Tongxin Software Technology Co., Ltd., jointly established by multiple domestic operating system manufacturers, was established, headquartered in Beijing Economic Development Zone Xinchuang Park, and established technical support institutions, R & D centers, and general software and hardware adaptation centers in Wuhan, Shanghai, Guangzhou, and other places.

From fighting each other to clenching their fingers into fists, Tongxin has joined forces with upstream and downstream enterprises in the industry to jointly promote the research and development of domestic operating systems. In the rapid iteration of technology, the boot time of domestic operating systems has been shortened step by step, and finally a 14-second leap has been achieved in 2022.

"The gap between domestic operating systems and the products of top international manufacturers has narrowed from 10 years or more to three to five years," Liu Wenhuan said.

Today, the Tongxin operating system has been implemented in a number of key industries such as banks and telecom operators, and the latest home version was also unveiled at the beginning of this year. However, the new domestic operating system still faces the risk of "supply cut" in the upstream open-source community, which in turn affects the sustainable development of the industry.

"The reason is that the root community based on Linux open source systems in China is abroad." Liu Wenhuan said that the root community can help operating system manufacturers get rid of the constraints of the upstream open source community and get better protection at the level of information security. To put it figuratively, the "supply chain" should also be secure.

Two months after achieving 14-second boot, based on the world’s three major independent open-source communities, Tongxin released China’s first desktop operating system root community "Deepin Community", starting from "roots", mastering the development rights of open-source operating systems, upstream community dominance, and attracting global enthusiasts to contribute code and ideas for domestic operating systems.

"Raise" an autonomous industrial chain

In 2014, the popular Windows XP system stopped serving, and for a time, a large number of enterprises and individual users were in disarray. Although most functions can still be used normally after the shutdown, they cannot get Microsoft vulnerability patches and system upgrade support, and are vulnerable to viruses and hackers.

Six years later, Windows 10 was discontinued, and the exact same situation played out. This further stimulated Beijing’s drive to build an independent innovation industry system.

Looking back 30 years ago, Hu Weiwu, who was still a doctoral student at the Chinese Academy of Sciences, needed to use a high-performance computing machine that had just been imported from abroad for his experiments, but the computer’s password was in the hands of foreigners and needed to be monitored in a glass house.

Hu Weiwu, chief engineer of the Institute of Computing Technology of the Chinese Academy of Sciences and chief designer of Loongson, accepted an exclusive interview with CCTV

This picture was deeply engraved in his heart. Therefore, when Loongson was just starting out, all the well-known companies that could think of came to Hu Weiwu to discuss technology licensing cooperation. "I understand these behaviors as’surrender the gun and not kill ‘!" He saw that behind the technology licensing was to make Loongson give up the ability to innovate and develop, so he decisively refused.

Thirty years later, the young man in red became a white-haired gentleman, and Hu Weiwu launched another more thorough and difficult "entrepreneurship".

The global information industry is mainly built on Wintel (Microsoft-Intel Alliance) and AA (Android-ARM) two ecosystems based on Instruction Set Architecture and chip design. If you want to produce CPUs that match them, you must first obtain the Instruction Set Architecture "license".

"In order to achieve a fully independent innovation CPU, we must also achieve autonomy at the underlying technical level of the Instruction Set Architecture." In 2021, LoongArch officially released LoongArch, the LoongArch autonomous command system architecture of Loongson, achieving a major technological breakthrough in its ecological construction. This marks that LoongArch has moved from a follow-up development to a completely independent development in terms of independent information technology system and industrial ecological construction.

The Loongson 3A5000, which supports a 14-second boot time, is based on the LoongArch autonomous command system architecture and no longer requires foreign authorization.

One innovation breakthrough after another, tempering the Beijing Xinchuang industry chain: ZTE database, Guoke Tianxun avionics bus protocol chip, QINGTENG and other global benchmarking products were born, the domestic information technology system was initially formed, Beijing Economic Development Zone Tongming Lake National Xinchuang Park, has gathered more than 90% of the country’s information technology leading enterprises, forming a high-performance chip, operating system, database, machine end point, system integration, cyber security services and other industry chain Xinchuang industry ecosystem.

Beijing Economic Development Zone National Xinchuang Park Tongxin Software Technology Co., Ltd. "Ecological Adaptation Dispatch Center"

"Some products are like raising pigs, which can be slaughtered for meat in one year; some products are like raising cattle, which can be plowed and worked in three years; our products are like raising children, which can be raised for 20 years." Hu Weiwu compared technological research to "raising children", which vividly condensed the difficult process of information technology breakthrough, and also foreshadowed that the autonomy of the credit creation industry still has a long way to go.

The "Beijing code farmers" who have worked hard for many years still need to make greater innovation breakthroughs in order to benchmark the international first-class and create a solid "foundation" for China’s economic digital transformation and industrial chain upgrade.

Siming District continues to promote the optimization and improvement of the business environment, and makes precise efforts to help enterprises develop

  Siming District is competing to showcase a high-quality business environment to global investors. The picture shows the Guanyinshan International Business Operation Center where the headquarters economy gathers.

  ▲ Siming District is a hot and blessed land for investment and business. The picture shows the beautiful scenery of Lujiang Road.

   Xiamen Network News (Xiamen Daily reporters, Wu Yanru, Lin Wen, correspondent, Xia Sixuan, this map/reporter, Huang Rong) Beautiful Ludao ushered in the "98 time" as scheduled, and guests from all over the world kicked off the feast of international capital.

  At the location of the main venue of the Investment Fair, Siming, the hot land and blessed land for investment and business in the central city, is showing a high-quality business environment to global investors in a competitive manner. Data is the most powerful footnote: in the first half of this year, Siming District achieved a regional GDP of 120.30 billion yuan, an increase of 6.8% year-on-year, and the total amount and growth rate ranked first in the city. This is since the second half of 2009, after a lapse of 12 years, Siming District’s GDP growth rate has taken the first place in the city.

  Those who are good at plotting go far, and those who do are successful. Siming District has made great efforts to "make the first move" in a good business environment, and issued the "Siming District Accelerates the Building of a World-Class Business Environment 2022-2023 Annual Enhancement Plan", focusing on key areas and key links to carry out research, promote the optimization and upgrading of the business environment, consolidate and deepen the construction of the province’s first business environment area, and upgrade the competitiveness of the marketization, rule of law, internationalization and facilitation business environment.

  Key words [concept]

  "Entrepreneurs are city partners"

  When the "BRICS" meets the "Golden Key", the double gold superposition allows domestic and foreign merchants to see more investment opportunities.

  Yesterday, the 4th BRICS New Industrial Revolution Partnership Forum was successfully held. At the meeting, Luckin Coffee from Siming District signed a letter of intent to purchase coffee beans in Brazil with Xiamen C & D, a top 500 Chinese company, Mitsui & Co., the largest green coffee bean trader in Asia, and the world’s second largest coffee trader, Swiss ECOM Group. According to the agreement, Luckin Coffee will purchase a total of about 45,000 tons of coffee beans in Brazil in the next three years. With the support of the Brazilian Embassy, it will continue to cooperate in the coffee industry in Brazil, share industrial concepts and industry practice experience, and promote cooperation in the coffee field to deepen.

  This multi-party cooperation shows the world the huge opportunities and openness of the Chinese market, and also shows the strength and style of Siming District enterprises. "The signing of the Brazilian coffee bean cooperation letter of intent will continue to enhance Luckin Coffee’s supply chain capabilities, allowing consumers to better experience the coffee products and culture of high-quality production areas around the world." Luckin Coffee said that in recent years, Luckin has continued to invest in the coffee professional supply chain. Last year, Luckin imported more than 15,000 tons of green coffee beans, and this year it is expected to exceed 30,000 tons.

  Luckin Coffee, which has its headquarters in Siming, is about to celebrate its fifth anniversary. At present, Luckin has more than 7,000 stores and has become one of the largest chain coffee brands in China. Guo Jinyi, chairperson and CEO of Luckin Coffee, said with emotion, "During the development of Luckin, the province, city and Siming District not only escorted the company when it was riding the wind and waves, but also provided help at the critical juncture of the company. Let us deeply understand that it was a very correct decision to settle here."

  The heartfelt voice of enterprises is a heartfelt affirmation of Siming’s services. Siming District has firmly established the concept of "entrepreneurs are city partners", further optimized the CSO chief service officer mechanism, expanded government-enterprise communication channels, and deepened pro-Qing political and business relations. This year, Siming District has carried out in-depth special projects of "benefiting enterprises", established an Enterprise Services commissioner system and a quick coordination mechanism to help solve enterprise problems with heart. At the same time, focus on key enterprises and key projects, strengthen the combination of leadership linkage and hierarchical coordination, help to improve enterprise growth, and provide full-cycle services for project implementation. On September 4, under the leadership of the district party committee and district government, the Lianqian Street Chamber of Commerce was first established, which not only created a warm "home" for enterprises, but also helped the government and enterprises to interact benignly and communicate efficiently.

  Heart-to-heart service, real help. This year, in the face of the impact of the COVID-19 epidemic, Siming District, while fully implementing higher-level policies, has timely launched 9 measures to assist enterprises in relieving and reducing costs. In the first half of the year, the accumulated industrial support funds and rescue funds exceeded 1.20 billion yuan, and the accumulated tax rebates, tax cuts and fee reductions reached 1.67 billion yuan, benefiting enterprises and individual industrial and commercial households over 46,000 times. In addition, a series of online consumption season activities were held, digital RMB consumption coupons were issued, and a series of cultural tourism consumption activities were held, which effectively promoted economic consumption.

  Key words [pattern]

  Deep integration of industry and city empowers enterprise development

  In the continuous optimization of the business environment, Siming District takes advantage of the "big improvement on the island" and uses the thinking and pattern of deep integration of the industry and the city to play chess, injecting new momentum into development and giving new vitality.

  In the eastern part of the island, the main venue of the Investment and Trade Fair, the rapid development of the area has attracted much attention. At present, the Kaiyuan innovation community in Siming District is rising rapidly with strong momentum. Good news from the Meiya Poko Group Headquarters Building and Smart City Innovation Center project located in this area: the main body of the building is in the accelerated construction stage, which is expected to be capped within the year and put into use by the end of 2023.

  Luan Jiangxia, executive deputy general manager of Meiya Cupresso, said: "This building will be built as the research and development headquarters of Meiya Cupresso, the research institute of new smart cities, and the technical research center of Meiya Cupresso branches, subsidiaries and some ecological enterprises. We will focus on new smart cities, artificial intelligence, big data and other future industries to carry out new technology research and industry incubation. We also hope to help Siming District gather talents, promote the deep integration of industries and cities, and work together to create a benchmark for the city’s innovation-driven industrial upgrading."

  As a rooting enterprise independently cultivated by Xiamen City and Siming District, Meiya Cupresso has become a strong representative of Siming District’s development of advantageous software information industry. Luan Jiangxia said that Siming District fully promotes enterprise development with an open attitude, international vision and accurate service. This year, Siming District also focused on launching the "Three-Year Action Plan for the Development of Software and Information Service Industry in Siming District", supporting the introduction of 9 supporting measures to promote the development of the software information industry from four aspects: supporting recruitment and recruitment, increasing production and efficiency, R & D and innovation, and attracting and retaining talents, including uncapped production incentives and one-time rewards for senior talents in big data. From another perspective, it also shows that the atmosphere of innovation and entrepreneurship in Siming District is particularly strong, and Siming District is determined to vigorously encourage and cultivate the rapid development of enterprises.

  Based on the actual situation of the region, Siming District focuses on leading industries such as software and information services, financial services, business services, cultural and tourism creativity, and further coordinates and optimizes the industrial space layout of the region, promotes the integration of land resource elements, and provides a platform carrier for project landing and development. At present, key areas such as Kaiyuan Innovation Community and Binbei Super Headquarters are accelerating.

  In Siming District, a hotland of innovation and entrepreneurship, the industrial high-energy, functional and high-quality space layout allows companies to take root and grow.

  In the Guanyinshan International Business Operation Center, where the headquarters economy gathers, Anta Operations Center has been located in the area since 2012. In the past ten years, this fertile soil has witnessed the development of Anta Group from a Chinese enterprise to a world-class sporting goods group.

  Li Ling, vice president of Anta Group, introduced that Anta Group opened the operation of Fila Building in Siming District this year, and what made Li Ling feel deeply was that "Siming District’s attentive service and policy support, as well as its unique environment, have attracted a large number of talents at home and abroad for the enterprise, bringing vitality to the development of the enterprise."

  Siming District promotes the transformation and upgrading of traditional cultural tourism advantageous industries, and the key investment attraction project "Cultural Protection Wonderful Night" Hulishan Fortress Night Tour Project has developed eye-catching. This year, the project has been fully upgraded to version 2.0, landing the concept of "Yuan Universe", superimposing virtual and interactive scenes, and detonating Xiamen’s summer tourism market.

  To empower the development of cohesive enterprises and stimulate the new vitality of resource elements, Siming District strives to promote the formation of an industrial development pattern with different characteristics, dislocation development and mutual support.

  Key words [innovation]

  Focusing on key areas to create a new model of business environment construction

  Reform stimulates vitality, innovation is wide. Where there is demand for enterprises, Siming extends services to wherever they are.

  Expand the government-bank cooperation model, Siming District established a government service area in the Guanyinshan International Business Operation Center this year on the basis of the pilot project of "government affairs + beneficial enterprises" service area of ICBC Urban Construction Sub-branch, and opened the Guanyinshan Park Service Center. The center provides "one-stop" services such as business establishment, tax-related processing, social security registration, beneficial enterprise policies, and e-government self-service for 2,100 enterprises and 40,000 employees in the area. In the first half of the year, more than 100 people provided various services such as market supervision, construction, taxation, and coordination of area construction, effectively opening up the "last meter" of government affairs for employees of enterprises in the area.

  Deepen the reform of "decentralization, management and service", continue to optimize government services, and allow enterprises to go into battle lightly. As of the beginning of September, the whole district has entered 5,947 online service halls in Fujian Province, with 83.82% of the total process of online office, 96.52% of "no need to run one trip", and 99.88% of "no need to run one trip at most". At the same time, Siming District has broadened the supervision channels of government services, innovatively recruited enthusiastic people to serve as "government service experience officers" to the society. Focusing on themes such as "no-see approval", "simple cancellation of enterprises", and "accelerated retirement processing", it has combined "online experience + offline unannounced and unannounced visits" to check the level of government services. This year, 28 opinions and suggestions have been collected, and relevant departments have prescribed the right medicine and improved it.

  The rule of law is the best business environment. Xiamen is making every effort to build the Haisi Central Legal District into an important platform for developing modern service industries, deepening reform and opening up, and building a market-oriented, rule of law and facilitation of international business environment. According to the requirements of the "Overall Construction Plan of the Haisi Central Legal District", in accordance with the overall layout of "one island and two districts are complementary and superimposed, the free trade area will be tested first, and the Siming area will be fully demonstrated." Siming Demonstration Zone will build a high-energy legal institution and a carrier of legal science and technology.

  Siming District anchors goals, innovates ideas, adheres to a high position to promote organizational planning, incubates legal talents with a high vision, gathers legal resources with high efficiency, guarantees the implementation of high-demand projects, plans the layout of the area with high standards, optimizes the rule of law services with high quality, makes scientific plans and layouts, gathers resource elements, and strives to create a first-class rule-of-law business environment. At present, four enterprise units including Shenzhen Fadada Network Technology Co., Ltd., Fujian Chongyu Law Firm, and Xiamen Bar Association have successfully landed in Siming Demonstration Zone. The No. 1 Legal Fund of Haisi Central Legal District has successfully settled in Siming District. Four projects including Pigsy Network Intellectual Property Big Data Southeast Regional Headquarters and Edition Shentong have been signed. At present, 54 legal and pan-legal institutions have settled in Siming Demonstration Zone.

  With more enterprises settling in, the service guarantee force of the demonstration area is also constantly strengthening. Siming Court and Belt and Road Initiative International Commercial Mediation Center have established the first professional intellectual property mediation institution "Intellectual Property Mediation Office of Haisi Central Legal District", which has accepted 220 cases. Siming Court’s "Commercial Lecture Hall" brand project has been introduced into Siming Demonstration Zone to explore the construction of a legal risk prevention and control exchange mechanism between enterprises, so as to better improve the legal risk prevention and control capabilities of small and medium-sized enterprises.

  Siming District fully supports Xiamen’s efforts to create the second batch of national business environment innovation pilot cities, focusing on leading industries, exploring and implementing a number of ground-breaking and leading reform measures, and building a pilot demonstration zone for innovation pilot cities.

  Key word [quality]

  Optimize urban functions and enhance public service security

  Quality education is an important indicator and a strong supporting condition for an excellent business environment. In Xiamen, "Siming Education" is undoubtedly a household name.

  In the golden autumn of September, the "good school" at the doorstep of Siming District was reopened. The Lingdou Campus of Datong Primary School welcomed the first batch of 220 first-grade students. On the first day of school, the school held a highly ceremonial "drop into the heart of the sea" activity. The freshmen held blue liquid and poured it into the "concentric sea" one by one, reflecting the school’s school philosophy of "establishing the path of’Datong ‘with the heart of forging ahead". Huang Yingmin, head of the student development center of the Lingdou Campus of Datong Primary School, has high hopes for the children: "At this moment, you are like a boat going to sea, raising a new sail and starting a new journey."

  In addition to the Lingdou Campus of Datong Primary School, the Hexiang Branch of the Primary School Affiliated to Xiamen Foreign Language School has also made a new appearance, and they all operate in the form of an "educational community". The opening of these new schools will help the high-quality development of regional education. It is reported that this year, Siming District has also newly renovated and expanded the second phase of Binhai Primary School. The Lingdou Campus of Datong Primary School, the Hexiang Branch of the Primary School Affiliated to Xiamen Foreign Language School and the second phase of Binhai Primary School have added a total of 3,510 compulsory education degrees.

  As one of the first batch of "strong education areas" in Fujian Province, education has always been placed in the strategic position of priority development of Siming District. In April 2022, Siming District was confirmed as the first area to create a high-quality and balanced national compulsory education. During the "14th Five-Year Plan" period, the whole district will also strive to renovate and expand no less than 30 compulsory education construction projects, add 30,000 compulsory education degrees, and make every effort to promote the high-quality and balanced regional compulsory education. At the same time, from the continuous expansion of school-based close education communities, and the promotion of education and teaching reform, it will help regional education to start at a high level and develop with high quality, and enhance Siming Education’s ability to serve the city’s economic and social development.

  All along, Siming District has been continuously optimizing the level of education development, improving the quality of urban education, solving the children’s education issues that investors, entrepreneurs and all kinds of talents are most concerned about, and making every effort to create a suitable and livable working and living environment. Based on the endowment advantages of the central urban area, Siming District also focuses on the fields of medical and health care, entertainment, ecological environment, urban management, etc., and continues to work hard to improve the soft environment, create a characteristic humanistic environment, optimize the functional quality of the urban area, and make investors, entrepreneurs and all kinds of talents live in Siming more happy and belong.

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Digital technology penetrates the front, middle and back ends of the industry, and Dongguan builds a new "moat" for the furniture industry

  How to seize the new opportunities of digital transformation in the era of digital economy is a must-answer for Dongguan furniture industry to achieve high-quality development.

  As a famous furniture manufacturing city in China, Dongguan’s furniture industry is famous at home and abroad. As a characteristic industry in Dongguan, how to seize the new opportunities of digital transformation in the digital economy era is a must-answer for the furniture industry to achieve high-quality development.

  At the beginning of this year, Dongguan proposed to promote the digital transformation of the furniture industry cluster, with a clear transformation goal of personalized customization transformation, using digital technology to penetrate the front, middle and back ends of the furniture industry, extending from manufacturing business to high added value at both ends of the value chain, and realizing the transformation from "production + sales" to "product + service" by 2025.

  Industry insiders said that, unlike other industries, the furniture industry is still a non-standard industry to a large extent. There are many product materials, complex processes, and small order volumes. Its digital transformation is difficult to achieve in one step. Although some leading enterprises have taken the lead in digitalization, the digital transformation of Dongguan furniture industry is still in its infancy.

  Lin Guorong, vice chairperson of the China Furniture Brand Alliance, said that most of the furniture industry in Dongguan produces high-end home products, which also makes the digital transformation of the furniture industry in Dongguan more difficult. "But Dongguan’s advantages are also obvious. Relying on industrial Internet platforms such as Huawei Cloud and Wewin Big Data, the furniture industry will have great technical advantages in digital transformation, and will explore more local solutions for the digital transformation of Dongguan furniture industry clusters."

  Industry digital transformation is still in its infancy

  According to the digital transformation roadmap planned by Dongguan, the digital transformation of the furniture industry cluster mainly involves four parts: leading enterprises to create digital transformation system integration solutions; support enterprises to transform production lines, develop intelligent, collaborative and flexible production and processing models, and promote enterprises to transform into new production models such as personalized customization and modular furniture; promote the application of advanced furniture design technologies such as virtual simulation and 3D design, and strengthen the intelligent design of furniture products linked with smart home systems; guide enterprises to accurately grasp the end point retail situation.

  However, combing the digitization process of Dongguan furniture industry can find that, in addition to the leading enterprises "one ride without dust", the vast majority of enterprises are "jogging in small steps" according to their own actual conditions, and are not in a hurry to digitalize in an all-round layout. The digital transformation of the furniture industry presents a bipolar phenomenon.

  Mousse health sleep joint stock company isDongguanThe only listed company in the furniture industry, as an industry leader, is undoubtedlyDongguanThe "leader" of the digital transformation of the furniture industry. Entering the Mousse intelligent digital factory, the large screen of the industrial Internet will collect the layout and real-time progress of all kinds of equipment. In the production area, the bed net spring machine intelligently forms the string net, and the automatic edge machine operates in an orderly manner.

  Due to non-standard products, the home furnishing industry has been facing many pain points such as high cost of personalized production and too much reliance on manpower. Mousse, on the other hand, has installed a "smart brain" in the factory by building an Industry 4.0 intelligent manufacturing system based on the soft furniture industry, allowing custom home furnishings to have flexible production lines and carry out modular and large-scale production.

  In recent years, Mousse has introduced world-class automated and intelligent equipment and industrial processes such as Siemens. At the same time, it is equipped with an intelligent decision management platform. It integrates CRM, SAP, MES, WMS and other full systems to open up the integrated production process of orders. Production personnel can monitor and analyze the system data of each product in real time. On-demand customized C2M business model can quickly schedule production according to customer personalized and non-standard customized production needs. Customers are fully automated and visual processes from order placement to product delivery, making it one of the most automated production workshops in China’s furniture manufacturing industry.

  Unlike Mousse, Dongguan Chuangyu Industrial Co., Ltd. chose to "gradually transfer" on the road of digital transformation. In early July, Chuangyu joined hands with Guan Enterprise Shufu to complete the upgrade and closure of Enterprise Resource Planning, and 17 major modules such as business management, group operation, and material management have been launched. Through Shufu Enterprise Resource Planning, Chuangyu Group has opened up data sharing in material control, finished product warehouse management, sales, and procurement, so as to realize data transmission between the brand end and the factory end, improve production efficiency and reduce error rates.

  Southern finance media reporter learned that as the first step of digital transformation, many furniture enterprises in Dongguan have settled in Enterprise Resource Planning. But most enterprises have only penetrated the internal management link, connecting the front-end supply chain, back-end marketing, store end points and service links, and have not fully realized the integration and digitalization of the whole process. The digital transformation of the production line is still in the initial stage due to the high cost and complicated process.

  "At present, our digital equipment is only for the early standardization of cutting, edge sealing, punching and other aspects. Last year, we introduced a device for the manufacture of wooden door patterns, which can realize digital three-dimensional cutting. But we have more than 40 processes, which are more complicated, and some process digital equipment is still difficult to achieve." Lin Guorong, chairperson of Chuangyu Group, introduced.

  Let products and designs take the lead in digitalization

  Many industry insiders said that most of Dongguan mainly produces high-end home furnishing products, with extremely high requirements for craftsmanship and higher difficulty in digital transformation. Take Rongma Furniture as an example, as a high-tech enterprise with a global professional designer and R & D team, the main production of sofas includes more than ten processes such as nail racks, cotton, and leather, all of which are completed by workers by hand. "Whether the sofa is well done or not, whether it is full or not, depends on manual realization," Rongma Furniture technicians said.

  At the same time, the government advocates the transformation of enterprises to new production models such as personalized customization and modular furniture, requiring them to adjust their processes according to customer needs. They also face problems such as the large number of non-standardized links and the difficulty of large-scale output due to small quantities.

  Faced with the challenges of transformation, many companies have turned to breaking through, taking the lead in digitizing their products and designs, promoting the application of advanced technologies such as virtual simulation and 3D design, strengthening the segmentation of the population, strengthening the iterative upgrade of smart home systems and products, and climbing towards high value-added links.

  "We are currently the first to digitize product design. This year, through AI intelligent design, we have realized the virtual simulation of the exhibition hall. Consumers can experience products interactively on the Internet, accelerating the digitalization process of our flexible production," said Lin Guorong, chairperson of Chuangyu Group.

  Using the core technology of Industry 4.0 to combine the Internet, big data, Internet of Things, etc. with industrial production, create a flexible production chain, realize the interconnection of factories, consumers, products and information data, and gradually realize the production and service, is the inevitable direction of the furniture industry. As an important territory with the strongest interaction and experience in the home furnishing industry, soft furniture has brought new growth points to the furniture industry. Relevant statistics show that it is expected that by 2023, the global smart home market will reach 510 billion yuan. The huge market space of smart home has attracted major enterprises to enter the market. The digital transformation of Dongguan furniture industry is the epitome of it.

  In the field of smart home, Mousse has long created a "tailor-made personal healthy sleep system" in the industry. The newly developed T10 intelligent healthy sleep system can monitor heart rate, snoring, and deep sleep through built-in sensors in the mattress. When users have sleep problems, the Legend26 smart healthy sleep system will tailor sleep solutions, provide psychological intervention guidance such as sleep music and CBTI, and realize closed-loop management of the smart healthy sleep ecosystem.

  As one of the first companies in China to lay out smart homes with smart furniture as an entry point, Rongma Furniture’s Livable Home brand has become one of the first companies to enjoy the benefits of the smart home industry. Walking into the smart exhibition hall of Rongma Furniture, with the help of "artificial intelligence + Internet of Things" technology, customers issue instructions to artificial intelligence "Xiaole": open the viewing mode, the curtains in the house will automatically close, and the sofa will also be adjusted to a comfortable angle. Livable Home injects artificial intelligence and Internet of Things technology into sofas, beds and other furniture items to create a "smart home".

  Looking at the digital transformation process of Dongguan furniture industry cluster, it can be seen that actively integrating into the development trend of smart home is a highlight of the digital transformation of Dongguan furniture industry. Based on its own smart platform, creating a cloud platform interface that can be opened to the outside world, connecting to Huawei Hongmeng system, and promoting the home to upgrade to the smart IoT healthy field will be an important direction for the digital transformation of the industrial cluster in the future.

  Big data and artificial intelligence deeply empower the industry

  Southern finance media reporter survey found that although walking in the forefront of digital transformation, and Dongguan furniture industry cluster development has become a general trend, but due to different enterprises production and operation mode, and the degree of embedding of the industrial chain is different, leading furniture enterprises did not output a set of unified applicable to the industry’s digital transformation integrated solutions, each enterprise’s digital system, equipment, direction, etc. are independently customized, the status quo of information islands is obvious, furniture industry cluster digital transformation still maintains the "go it alone" situation.

  With the foundation of industrial software in the early years, Foshan Weishang Furniture, which has a certain Internet gene, has become a benchmark enterprise in the custom home furnishing industry, and actively provides digital intelligence transformation solutions for upstream and downstream enterprises in the industry, shaping a classic path of digital transformation for furniture enterprises. And in Dongguan, such a case is about to be born.

  Walking into the small laboratory of Interface Technology Co., Ltd., located in Songshan Lake, several 6-axis industrial robots and automation equipment are conducting research and development and production of various products.

  As a technology-based innovation enterprise engaged in supply-side technology development and channel expansion in the furniture industry, Interface Technology has accumulated a lot of technical experience in the use of industrial 6-axis robots for processing processes including sheet metal, square material, soft material milling, surface forming, and supporting tooling equipment. It is mainly used in single-piece to small-batch production, targeting the majority of small and medium-sized furniture enterprises.

  "In terms of solid wood furniture, the technology can initially meet the customization needs of some high-end customers. At the same time, due to the establishment of product and process databases, the robot production process makes it possible to produce single pieces to small batches on demand," said Wang Huaiqun, head of the interface technology department.

  At present, Interface Technology is actively seeking cooperation with small and medium-sized furniture enterprises in Dongguan. "We hope to build intelligent furniture production units that can empower small and medium-sized enterprises, truly solve the practical difficulties of small and medium-sized furniture enterprises in digital transformation, and launch intelligent manufacturing system solutions for the furniture industry that can be implemented." Jiang Wei, founder of the company, said.

  In terms of solving the information islands between enterprises, Dongguan furniture enterprises actively use Huawei Cloud, Wewin big data and other industrial Internet platforms for digital transformation. Lin Guorong told the Southern Finance and Economics All Media reporter that he has established a separate technology company and joined hands with Huawei to create a "data Rubik’s Cube". "We hope to create a solution together with Huawei, and use a central platform to link different software and systems in the integration industry. Enterprises bring their own data to the station. As a peer-to-peer exchange, the platform will provide enterprises with corresponding user portrait analysis, logistics matching services based on big data, etc."

  "Making big data and artificial intelligence technology deeply empower the industry is the core goal of the digital transformation of Dongguan’s furniture industry in the future," Lin Guorong said.

  (Author: Zheng Kangxi, a trainee reporter for Southern Finance and Economics All Media, Editor: Yu Changhuan)

Did you ask for speeding? Didi driver stabbed passengers late at night

  China News Service, Beijing, November 13 (Lang Lang) At around 3:00 a.m. on November 9, a knife attack by a Didi driver occurred in Nanjing, causing a dispute between the two sides due to passengers demanding that the driver speed up in the tunnel.

  Didi said that after verifying the recording in the car of the order, it was found that the passenger asked the driver to speed during the journey; while the passenger said in an interview with the China News Service reporter that he did not ask the driver to speed, but only to be as fast as possible within the speed limit.

  The injured passengers have responded to the incident online. Some netizens believe that the speed limit for crossing the tunnel is stipulated by law, and passengers are unreasonable; others question why the driver is carrying a knife?

  The scene of the incident, pictures provided by the interviewees

  Dispute 1: Did the passenger ask the driver to speed?

  At around 1am on November 9, Mr. Wang called for an express train through "Didi Chuxing" on the Alipay terminal and went from Nanjing South Railway Station to his residence on Huju Road. He recalled to a reporter from China News Service that because he was in a hurry to go home and video with his girlfriend, when the car reached the Qingliangmen tunnel, "I saw that there was no car in the tunnel, so I asked the driver to drive quickly." The driver refused Mr. Wang on the grounds of speed limit. The two sides immediately quarreled.

  According to Mr. Wang’s account, after the car drove out of the tunnel to near Hohai University, the driver asked Mr. Wang to get out of the car, and he also got out of the car. The two had a physical altercation. Mr. Wang pinned the driver to the ground, and the driver showed a knife and stabbed Mr. Wang in the right arm.

  "The knife hit the bone, and blood spurted out immediately." Mr. Wang said that he couldn’t see where the other party took out the knife in the night, but only remembered that it was a black dagger about 10cm long.

  Mr. Wang said that after he called the police, the driver scolded: "It’s good that you didn’t stab to death."

  "He also said that he had just stabbed someone two days ago, and his uncle was the director of the Public Security Bureau." Mr. Wang said that after the incident, the driver Liu was taken away by the police and was criminally detained. Mr. Wang was sent to the hospital’s intensive care unit for a broken vein. Due to excessive blood loss (about 1000cc), he fainted three times before and after, and is currently recovering.

  On the 12th, in an interview with China News Service, Didi replied to the matter, saying that the platform had verified the in-car recording of the order: the passenger asked the driver to speed during the journey, but after the driver refused, the two sides had an altercation, which then escalated into a physical conflict.

  The reporter asked Mr. Wang many times "whether the driver is required to speed", and Mr. Wang always made it clear that he only asked the driver to drive faster within the speed limit, not to speed.

  The driver was detained and unable to be interviewed.

  Passengers receiving treatment, photos provided by interviewees

  Dispute 2: Why do drivers carry knives? Does the platform allow it?

  In addition to the "Rashomon" "whether speeding is required", there is another point of debate in this incident – why does the driver have a knife?

  Screenshots of netizens’ comments

  According to Didi’s disclosure, platform data shows that the driver of the Dongfeng Fengxing Jingyi X6, which Mr. Wang was riding, has obtained a driver’s license for online car-hailing in Nanjing, with a history of receiving more than 10,000 orders. Past passengers have rated it as five-star.

  According to a report by Jiangsu media "Wusu.com", a staff member of Didi Chuxing said in an interview: The company expressly stipulates that drivers are not allowed to bring controlled knives on the bus. As for why drivers carry daggers with them, as of the press release, Didi has not responded positively.

  In a reply to the media, Didi said: "After receiving the relevant information, the platform immediately set up an emergency response team. On the one hand, the staff was assigned to visit the hospital at noon to visit the injured, pay medical expenses in advance, and ensure that the injured were fully and timely treated. On the other hand, actively cooperate with the police to investigate the incident."

  "Next, we will step up efforts to educate drivers on safety and platform rules, guide drivers and passengers to communicate in a civilized and rational manner, and resolve disputes through reasonable and legal channels," Didi said.

  Didi: One wave has not been leveled, and the hitchhiker has just been back online.

  This is not the first time something has happened to Didi.

  On the evening of May 5, 2018, Li, a flight attendant in Zhengzhou, was killed while riding a Didi ride-hailing car. On August 24 of the same year, Zhao, a 20-year-old woman in Yueqing, Zhejiang, was killed while riding a Didi ride-hailing car. One hundred days, two lives, Didi announced that it would offline its ride-hailing business nationwide.

  In March 2019, a Didi driver in Changde, Hunan Province, died after being stabbed more than 20 times by a passenger named Yang.

  Not long ago, on November 6, Didi announced the trial operation plan of Didi Hitch: it will be launched in seven cities including Harbin and Beijing from November 20. The plan has also been adjusted due to the controversy over "whether it discriminates against women".

  According to the Economic Daily, in July this year, Didi Chuxing held a hitch media communication meeting in Beijing. "I’m just afraid." Liu Qing, president of Didi Chuxing, admitted at the meeting that the team was "rather cowardly" and waited so long because he was afraid. "Who is so sure that they can launch a 100% safe product?"

Weekly Inventory | Meituan Hong Kong stocks rose 6.33% last week

[Individual stock trend]

April 17 to April 21

Last week, the Hang Seng Index fell 1.78% for the week, and the Hang Seng Technology Index fell 4.66%.

Meituan -W Hong Kong stocks rose 6.33% last weekLast week’s total turnover 17.551 billion Hong Kong dollars, as of last week’s close, the Hong Kong stock price was 137.70 Hong Kong dollars, the market value of 859.447 billion Hong Kong dollars; Hong Kong stocks fell 4.04% this month, 21.18% this year, nearly 52 weeks down 2.62%.

[Company comparison]

stock code Securities abbreviation latest price Last week’s rise and fall This month’s rise and fall This year’s rise and fall 52 weeks of ups and downs DDL Dingdong Maicai $3.93. 7.38% 1.81% -7.96% -23.69% DASH Doordash $61.29. -0.7% -3.57% 25.54% -31.13% BABA Alibaba $89.13. -5.73% -12.77% 1.18% 3.05% 03690 Meituan -W HK $137.70 6.33% -4.04% -21.18% -2.62% 09988 Alibaba-SW HK $87.95 -6.93% -12.4% 1.97% 1.5%

[Related News]

JP Morgan’s shareholding ratio in Meituan increased from 4.91% to 5.02%

According to the Hong Kong Stock Exchange, on April 17, JP Morgan’s shareholding ratio in Meituan increased from 4.91% to 5.02%.

Meituan: Zibo barbecue brings fire to Shandong cultural tourism consumption, and the overall tourism order volume in the first quarter increased by 45% year-on-year.

According to the Shanghai Stock Exchange, the heat of barbecue in Zibo is still "top stream", and Weifang kites have set off a new round of craze across the country. According to retail platform Meituan data, the overall tourism order volume in Shandong Province increased by 45% year-on-year in the first quarter, the overall catering order volume increased by 20%, and the nighttime consumption vitality index rose by 19.5% year-on-year. A number of data show that innovative consumption formats and models have enabled the consumer market in Shandong Province to pick up in the first quarter.

Zhang Kun increased his position in Meituan and TSMC in the first quarter! The only situation where a good company is not a good stock is that the valuation is too high

According to surging news, Meituan-W, China National Offshore Oil, JD.com Group-SW and TSMC won the "public offering brother" Zhang Kun’s position in the first quarter. Just after 0:00 on April 21, Zhang Kun’s four funds in charge released the first quarter of 2023. From the perspective of management scale, Zhang Kun’s management scale did not change much in the first quarter. From 89.434 billion yuan at the end of 2022, it shrank by about 492 million yuan to 88.942 billion yuan at the end of March, a decrease of only 0.55%. Zhang Kun lamented in the first quarter report that it is so important to identify good companies, because the only situation in which good companies are not good stocks is that the valuation is too high. In other cases, good companies will bring long-term and considerable returns to investors.

Meituan takeaway first live broadcast: Mixue Bingcheng sales broke 100 million, Luckin raw coconut latte sold 1 million cups

According to Blue Whale Finance, Meituan takeaway has newly upgraded the "God Coupon Festival". Through the linkage of head KOL live broadcast and "takeaway + to the store", it has created a limited-time and limited-time special "explosive market" for the first time. As of 23:59:59 on April 18, 2023, the number of takeaway orders increased by nearly 50% year-on-year, and the DAU increased by 75% year-on-year. The average weekly growth rate of the transaction volume of the 100 major catering brands participating in the event exceeded 30%. During the event, the overall transaction WoW growth rate of tea and coffee reached 21%. Among them, Mixue Bingcheng’s sales broke 100 million, and a total of 15 million cups were sold; Luckin sold 1 million cups of coconut latte alone. The growth of the dinner category was significant, with Haidilao’s sales growth reaching 180%.

This article is from the theme of Hong Kong-US Data Connect, click to read more Hong Kong-US company dynamics > > >

Let the Daqing spirit glow with the brilliance of the times

  Autumn is refreshing and autumn is like wiping, and the core values of socialism have also borne fruit in the whole society. We turn our attention to the depths of the years and step towards a spiritual highland. For more than 50 years, on the vast land of Northeast China, Daqing Petroleum people have held high the common ideal of "I offer oil for the motherland", and the roaring oil flow has enriched the blood of the great country, flashing with the splendor of spiritual transformation into material. Today, the core values of socialism have come to fruition in Daqing, and the Daqing spirit that has continued for half a century has found a new era of fit. The irreplaceable energy base of the Republic once again resounds the exciting sound of jade and gold.

  The Daqing spirit carries the essence and essence of socialist core values and is the "Daqing expression" of socialist core values

  The Daqing spirit with "patriotism, entrepreneurship, truth-seeking and dedication" as its main content is a noble spirit nurtured and tempered in the fiery practice of socialist construction. The essence of Daqing spirit reflects the essential requirements of socialist ideology and morality, carries the essence and essence of socialist core values, and is highly compatible and consistent with the basic connotations and requirements of socialist core values.

  Patriotism is embodied in the responsibility and mission of "winning glory for the country and fighting for the people". "Patriotism" is the core of socialist core values, and it is the responsibility of every citizen that cannot be abandoned for a moment. Similarly, "patriotism" is the most distinctive mark of Daqing Petroleum people and the core content of Daqing spirit. Whether it is during the arduous war period or in the development stage of continuous and stable production, Daqing Petroleum people have always breathed and shared the same destiny with the motherland, insisted on integrating the needs of the country into everyone’s value pursuit, and turned patriotism into conscious actions of producing more oil and more gas. It has achieved high and stable production of crude oil with an annual output of more than 50 million tons for 27 consecutive years, and maintained continuous and stable production of 40 million tons for 11 consecutive years, with a cumulative production of 2.19 billion tons of crude oil.

  Dedication ethics is reflected in the entrepreneurial passion of "hard work and self-reliance". "Dedication" is the basic professional requirement of citizens, that is, always love and value the work and position you are engaged in, and thereby stimulate a strong sense of belonging and pride to the company and the country. The entrepreneurial spirit of hard work and self-reliance is the professional ethics of Daqing oil people. During the war, the tens of thousands of oil troops represented by the iron man Wang Jinxi, "would rather live for 20 years less, and desperately want to win the big oil field". In just three years, they won the big oil field at a high speed and high level, and threw off the hat of poor oil in our country in one fell swoop. Entering the new era, in order to maintain the national petroleum strategic security, Daqing Petroleum people have reflected their passion for "entrepreneurship" in innovative industries and market entry. There are 165 teams in the oil field, more than 4,570 people, and they have penetrated into 23 countries and regions.

  The quality of integrity is reflected in the realistic style of "three old and four strict" and "four alike". "Integrity" is the foundation of a person’s life and the necessary moral conduct, and it is reflected in the work of behavioral rules and codes of conduct. Daqing Petroleum people always regard integrity as the root of their life and the foundation of their business, emphasizing "three old and four strict" and "four the same" everywhere and at all times, treating their careers "as honest people, telling the truth, doing honest things", and having "strict requirements, strict organization, serious attitude, and strict discipline"; treating their work "night and day the same, bad weather and good weather the same, the leader is not on site and the leader is on site the same, no one checks and someone checks the same". In practice, they have formed the working standards of "I would rather have one good, not ninety-nine passable", "dry work can withstand the inspection of generations and grandchildren", which has become a true portrayal of the integrity and truth-seeking of Daqing Petroleum people.

  The concept of friendliness is reflected in the unremitting pursuit of "contributing energy and creating harmony". "Friendliness" is one of the traditional virtues of the Chinese nation advocated by the core socialist values. Daqing Petroleum people regard dedication to the country and society as the due meaning of practicing the concept of friendliness, always adhere to the corporate tenet of "contributing energy and creating harmony", adhere to the development of collusion, responsibility sharing, urban and rural construction, and stability sharing, promote the construction of "Harbin-Daqi" industrial corridors, and build the province’s oil and gas economic circle; jointly develop 21 peripheral oil fields with local governments to create favorable conditions for their accelerated development; vigorously support urban public construction and socialist new rural construction, and use industrial advantages to drive regional economic development and promote harmonious relations between enterprises and land. In June this year, the China National Petroleum and Natural Gas group company signed the "Deepening Strategic Cooperation Framework Agreement" with Heilongjiang Province, and Daqing Oilfield will make new contributions to improving people’s livelihood, increasing employment and promoting local economic and social development.

    The inheritance and innovation of the Daqing spirit ensured that the core values of socialism took root

  Inherit without losing roots, innovate and keep the soul. The Daqing spirit has come along the history, and the shedding brilliance has nourished the growth of generations of Daqing people. Non-stop, not confused, re-learning and re-education, the Daqing spirit has become an important breakthrough point for cultivating and practicing socialist core values.

  Grasp education and strengthen spiritual inheritance. Oilfield regards Daqing spiritual education as an important content of employee entry, party and group education and employee training, and has carried out theme education activities such as "Cherish honor, hold high the banner, create the future", "Learn iron man, make new achievements, stabilize oil and increase gas as a pioneer", "Study Daqing spirit again, inherit and carry forward the fine traditions of the war" throughout the oilfield; compiled and issued dozens of books with tens of millions of words, such as "Dictionary of Daqing Oilfield Corporate Culture" and "Compilation of Daqing Oilfield Literature and History Materials", and opened an iron man lecture hall, academic report hall, etc., so that leading cadres and post workers can board the podium to exchange knowledge and experience of inheriting the Daqing spirit.

  Grasp the position and enrich the cultural carrier. It has successively built 22 national patriotic education bases such as the Ironman Wang Jinxi Memorial Hall and the Daqing Oilfield History Exhibition Hall, and the China Petroleum Enterprise Spirit Education Base. It organizes employees to visit and study in batches every year, and has become a "holy place" for employees’ children to study and leave their hometowns, so as to experience the charm of Daqing spirit in a subtle way. In addition, the oilfield has successively improved more than 50 corporate culture construction demonstration sites such as the 206 oil production team, developed more than 20 industrial heritage sites such as the first crude oil transportation site, built more than 30 oilfield plazas named "Iron Man" and "Entrepreneurship", and held "Square Culture Week" and "Battle Songs Everyone Sings" and other mass cultural activities. A total of more than 230 events have been held in three years. He also created film and television dramas such as "Daqing Soul" and "Iron Man Wang Jinxi", and a large number of literary works such as "Iron Man" and "Daqing People in the New Era", which were deeply popular and had a wide impact.

  Grasp models and highlight demonstration and leadership. The oilfield pays attention to the selection of advanced models, and has successively cultivated and selected more than 5,000 models of various types. After the iron man Wang Jinxi and the iron man Wang Qimin in the new era, trees have been selected to publicize the third generation of iron men – Li Xinmin of "Daqing New Iron Man" and a number of major models such as "Five Red Flags" and "Five Pioneers" in the new era. The oilfield also selects a number of models such as meritorious employees and meritorious collectives every year. Duan Fuhai, an employee of the fourth oil production plant, engaged in innovation based on his position, solved more than 300 problems, and won 16 major technological innovation awards in the oilfield, 10 national patents, and achieved more than 31 million yuan In recent years, Duan Fuhai and a group of grassroots innovation experts have given a series of lectures to more than 5,000 grassroots employees in the "Iron Man Lecture Hall".

  Grasp the key points and improve the quality of young workers. In response to the fact that the proportion of "post-80s" and "post-90s" young workers in the team is close to 20% in recent years, and the proportion of market-oriented and part-time employees accounts for more than 30%. Mentoring and apprenticeship assistance and vocational mentors are widely promoted among young workers. Combined with the characteristics of modern youth, nearly 700 official certified Weibo such as league organizations at all levels, ironman pavilions, and oilfield newspapers have been opened, and the number of fans is nearly 30,000. With the theme of "Colorful Youth, Brilliant Interpretation", a WeChat communication platform has been built, and more than 20,000 mobile phone users have reached. At the same time, a Weibo contest and a micro-movie contest have been widely launched, and a large-scale educational TV quiz program "Answering

  Grasp the grass-roots level and summarize the promotion experience. Respect the pioneering spirit of the grass-roots people, and let the Daqing spirit take root. Adhere to the "soul of the post responsibility system is the post responsibility", mobilize employees to start from bit by bit and start with details, and consciously strengthen the post responsibility; advocate the concept of "learning to work, work to learn", naming achievements such as "Wang Chunrong hot washing method" and "Shaochun wrench" to stimulate employees’ enthusiasm for learning skills and strengthening quality; build a harmonious interpersonal relationship of unity, friendship, equality and mutual assistance, and open a "psychological adjustment room" to make the grass-roots level a "home" for employees’ attachment.

  Grasp innovation and adapt to the characteristics of the times. Using oilfield TV media, we have successively launched two "Moving Oilfield Characters" selection, "Daqing Dream – We are in Action" patting competition, mass technology competition, "Technology Champion" young workers’ skills PK competition, "Dream Sailing" TV host competition and other activities. At the same time, we have organized and carried out "Who is the King" table tennis competition and badminton TV competition and other activities, with more than 100,000 direct participants, who have been warmly welcomed by the oilfield workers.

  Through a series of education and guidance, the cadre and staff team has effectively achieved "three never forget, three never lose", that is, the working environment has been improved, the battle style has not been forgotten, and the tradition of being meticulous and serious has never been lost; living standards have been improved, and the "fighting spirit" has not been forgotten, and the tradition of diligence and thrift has never been lost; with the development of the oil field, the process of hard work and entrepreneurship will not be forgotten, and the tradition of fighting for oil will never be lost.

  III. The radiation and dissemination of the Daqing spirit has promoted the universal recognition of socialist core values

  Crossing the Songnen Plain and the waters of the Longjiang River, the Daqing spirit, which was born on the black soil, has long since left the Daqing Oilfield, and has widely and deeply influenced Chinese people’s thinking, playing a positive role in cultivating and practicing socialist core values.

  Adhere to the brand of "breaking into the market" and use the Daqing spirit to build the image. Wherever the market expands, the Daqing spirit will be radiated to. Over the years, the Daqing team tempered with the Daqing spirit has not only won by superior technology in the domestic and foreign markets, but also by fine traditions, excellent work style and advanced culture, calling the "Daqing" brand. "Daqing New Ironman" Li Xinmin led the DQ1205 team to fight in Sudan and Iraq with the fighting spirit of "I would rather go through all kinds of difficulties and risks, but also to contribute oil to the motherland". In the new era, Daqing people connected with international management, integrated into regional culture, relied on tenacious style and strength, and relied on excellent quality to break into the market, establishing the image of Daqing overseas and raising the red flag of Daqing.

  Since 2010, the Oilfield has organized a tour to preach the "Oil Soul" Daqing spirit, with a total of 345 lectures and a total travel distance of more than 200,000 kilometers. The direct audience exceeded 200,000 people, and more than one million people learned through various forms. In 2012, the Preaching Corps was awarded the National Workers’ Pioneer by the All-China Federation of Trade Unions. In recent years, Daqing Oilfield has also concentrated publicity through the central mainstream media, participated in important national conferences and high-level forums, and actively carried out visiting and exchange activities to spread the Daqing spirit, so that it has been widely recognized by all sectors of society. After listening to or visiting Daqing, many people gave high praise to the Daqing spirit, saying that learning to understand the Daqing spirit, the iron man spirit, touched the mind, shocked the soul, and accepted a profound spiritual baptism. In the future, we must behave like iron men and do things, and use practical actions to realize the Chinese dream.

  Adhere to the "tree of three virtues" to do public welfare, and light up life with the spirit of Daqing. Su Xiuqin, deputy head of the Oilfield Chengxin Community Community Party Member Contact Service Station, is a retired cadre over 60 years old. In 2010, in response to the reality that there are many retirees in the community and few cultural activities, she led the establishment of "Chengxin Art Troupe", "Chengxin Calligraphy and Painting Garden" and other groups, and also established the "Love Sister Studio", which took the 22 empty nesters in the community as a key aid object, and carried out psychological comfort activities together with the property and neighborhood committees, creating a harmonious and stable community environment. The "Love Transfer" Volunteer Association organized by Bai Chunhai, an employee of the Drilling Engineering Company, has organized more than 580 public welfare activities over the past seven years, developed more than 2,000 members, and raised a total of more than 2 million yuan for various donations. The Daqing Volunteer Alliance, chaired by Duan Yide of the Second Oil Production Plant, the Love Association named after Zhu Hua of the Fourth Oil Production Plant, and the "Charity Donation" group established by the employees of the natural gas branch, all integrate the core socialist values into the hearts of the people and turn them into a reality of life.

  The voice of Huang Zhong and Dalu of socialist core values has been sung in China. Daqing Petroleum people will continue to inherit the spirit of Daqing and the spirit of iron man, and sing all the way and have great ambitions.

  (This article is excerpted from the 19th issue of "Red Flag Manuscript" in 2014.)

Women find a substitute driver offline for 1.5 kilometers and spend 109 yuan. Reporter investigation: Billing software can set the payment amount at will

Half a month ago, Ms. Li, who was on a business trip to Jinan, used the chauffeur service. After checking out, she found that she had charged 109 yuan for a 1.5-kilometer trip. Recently, many car owners reported to the New Yellow River reporter that they had been charged high prices when looking for a chauffeur, suspecting that they might have encountered a "black chauffeur".

The reporter visited and investigated and found that most of the suspected "black drivers" wore regular imitation clothes and "squatted" drunk passengers on the scene. They borrowed billing software to set the payment amount at will, and even some billing software did not require identity verification and only charged membership fees.

Citizens spend 109 yuan to find a driver for 1.5 kilometers, which is nearly double the cost of other platforms

On November 9, Ms Li arrived in Jinan from Zibo on a business trip. That night, she had a drink with a friend at a bar on Luoyuan Street. After the show ended at 2am the next day, she called a chauffeur at the scene. "He was wearing platform clothes and said he was driving on behalf of Shi Cheng. I thought it was not far from the hotel where I stayed, so I asked him to send me back to the hotel." After arriving at the destination, the driver said that the weather was cold and he would increase the price, charging 109 yuan, Ms Li said. "I drank a lot at that time, so I paid him the money. The more I thought about it the next day, the more wrong it was."

Women find a substitute driver offline for 1.5 kilometers and spend 109 yuan. Reporter investigation: Billing software can set the payment amount at will 1

Ms. Li said that the map from the bar to the hotel showed a distance of 1.5 kilometers, and a well-known driving platform only cost 55 yuan to drive 8 kilometers, and the fee of 109 yuan was too high. "Later, I didn’t find the Shicheng driving platform from the mini program, and I suspected that I encountered a’black driving ‘." Subsequently, the reporter checked the fee of a well-known driving platform, and the starting price from 0:00 to 6:00 was 55 yuan within 8 kilometers. The fee charged by the "driving" that Ms. Li encountered was nearly double that of the platform.

The screenshot of the payment order provided by Ms. Li shows that the recipient of the order is "Shicheng Auto Service", which is a personal account number. The reporter did not check the relevant information of the company through Tianyancha.

Coincidentally, Mr. Zhang, a citizen, also encountered a similar situation. "At the end of the liquor store, I found a chauffeur at the door of the hotel, and the chauffeur showed me with his mobile phone, indicating that he was a regular chauffeur, and the platform automatically billed him. It was not until after payment that I found out that the recipient was the chauffeur himself, not the regular chauffeur platform." Mr. Zhang also said that such "chauffeurs" are specifically aimed at passengers who are half-awake and half-drunk, "which is easier to’start ‘."

Reporter investigation: There are offline driving agents using billing software, and prices can be set at will

Regarding the situation reported by the citizens, the reporter launched an investigation near several hotels in the evening of the past few days. In the Impression Jinan business district, the reporter asked a driver after observation. The driver said that he was cheaper than the regular driving platform. The reporter showed that after arriving near IKEA, the driver’s platform order showed 100 yuan, so he urged the reporter to place an order. The reporter opened a regular driving platform to inquire, and the cost was only 35 yuan. So he asked the driver why the price was so high. The driver immediately locked the screen of his mobile phone and rode in the other direction.

Women find a substitute driver offline for 1.5 kilometers and spend 109 yuan. Reporter investigation: Billing software can set the payment amount at will 2

At a barbecue compound on Olympic Sports Middle Road, several chauffeurs in formal attire stopped at the door of the hotel waiting for passengers. When asked by a reporter, the chauffeur said that he could directly transfer money on WeChat without going to the platform at the same price as the platform. "The platform needs to deduct our service fee, or I am a little cheaper than the platform, you can directly transfer it to me." The driver said.

A driver revealed that there are currently driving software on the market that can modify the price at will, and many data can be adjusted by the driver. Among these driving billing software, an app called "driving billing" is quite popular.

Subsequently, the reporter downloaded the "driving pricing" app in the Apple App Store and found that the software does not require identity authentication, as long as you enter your mobile phone number and verification code to log in. On the software, registrants can set their own pricing template, starting price and starting mileage, waiting time charges, return fees, etc. After exceeding the starting mileage, the price per kilometer can also be set by themselves, and all prices can be set from 1 yuan to 151 yuan.

Women find a substitute driver offline for 1.5 kilometers and spend 109 yuan. Reporter investigation: Billing software can set the payment amount at will 3

The reporter edited the billing template in the "Driving Price" App. The starting price for the whole day is 151 yuan. The software shows that after starting the order and then ending the order, the driving fee of 151 yuan can be charged.

The driver revealed that in addition to using the software to arbitrarily price, there are also some personal driver drivers who buy driver clothes online to hide people’s eyes and ears. On the Taobao platform, the reporter entered "driver’s vest", and you can see a large number of clothes that are exactly the same as the regular driver’s platform appeared in the search results. The reporter randomly clicked on a store to ask about the driver’s vest. The customer service of the store said that the store’s driver’s vest is the same as the regular driver’s platform, and the font and logo can be changed. It will be shipped within 48 hours.

Women find a substitute driver offline for 1.5 kilometers and spend 109 yuan. Reporter investigation: Billing software can set the payment amount at will 4

There are more than ten types of driving billing software, and the starting price limit can be unlocked by software payment.

The reporter learned that at present, the main drivers are registered drivers of various driving platforms and personal drivers who do not have any guarantees and operate independently. Some personal drivers do not want to pay platform fees or share with the platform, so they rely on billing software for pricing. The reporter searched for software related to driving and pricing in the Apple Store and found that there are more than ten downloadable billing software. Some software can be downloaded and used, and some software shows that the network connection is unstable and cannot be used when registering.

The reporter randomly downloaded a software called "Driver", and the software introduction stated that "Driver" is a traffic navigation and billing application. Regardless of the driver or the owner, you can customize the billing template. After starting the service, according to the current billing rules, calculate the mileage and the price corresponding to the mileage in real time. You can set the mileage correction function, estimate the price of the mileage, accurately calculate the positioning, travel trajectory, and one-click navigation. It is a necessary metering tool for driver drivers.

Later, when the reporter changed the starting price of the software to the maximum limit of 120 yuan, the software reminded "The starting price you set has exceeded the current city price too much. In order to avoid disputes with customers, please set it carefully. If you need to unlock, pay 299 yuan to permanently unlock the starting price limit."

Women find a substitute driver offline for 1.5 kilometers and spend 109 yuan. Reporter investigation: Billing software can set the payment amount at will 5

In the market, a variety of billing software is used by drivers to slaughter customers, and even become a kind of "convenience". How should the rights and interests of consumers in question be protected? A staff member of the market supervision department told reporters: "’Black driving’ belongs to the chaos of the industry. We mainly supervise the driving company, such as whether the platform clearly labels the price to consumers and whether the billing basis is informed to consumers. ‘Black driving’ is based on personal pricing, or using some billing platforms to charge consumers unreasonable driving fees. It is difficult for market supervision departments to supervise and enforce personal charging behavior."

According to a staff member of Jinan 12345 transportation special seat, driving is an emerging industry. At present, there are no laws and regulations in our country to prevent individuals or units from engaging in driving activities, and there are no laws and regulations to stipulate driving standards, qualifications and qualification restrictions.

Industry insiders say the industry lacks supervision and the market order still needs to be standardized

A person who has been engaged in the driving industry for many years said that the driving industry currently lacks professional standards and the norms of relevant institutions, and is in a state of unsupervised. According to his understanding, "personal driving" in Jinan mostly exists near the Olympic Sports Area and the High-tech Zone. " For example, during peak periods, when orders are issued very intensively, passengers can’t find a chauffeur on the platform. At this time, such’personal chauffeurs’ start to’attract customers’. Most of them are mobile squatting stations, and some drivers wear regular platform clothes, and they can’get back their money ‘by taking an order in one night; there is another situation, the regular platform will deduct 2% of the driver’s service fee. Some drivers are unwilling to go to the platform, and the asking price is the same as the platform price, but when encountering a driver with poor driving skills, it is difficult to find someone to hold accountable for an accident. "

The industry insider cautioned, "The most reliable way is to call the driver through the regular platform. The regular platform has the driver’s information. If there is a safety problem, each driver has insurance, and the owner can find the driver to be held accountable. The driver is bound by the corresponding regulations of the platform and will not ask for the price at will."

The reporter searched and found that from September 20th to October 19th, the Jinan Municipal Transportation Bureau publicly solicited opinions and suggestions from the public through the website of the Jinan Municipal People’s Government on the "Notice on Regulating the Order of the Driving Market (exposure draft) ". One of the solicitation opinions mentioned the threshold for employment and the government’s introduction of pricing standards: There are no special laws and regulations in our country to regulate and restrict the entry threshold for engaging in driving services. At present, it mainly relies on the self-discipline of each driving service operator (platform or enterprise, the same below). Each driving service operator independently determines the recruitment standards and regulations for car drivers according to their own operating conditions. Secondly, according to the "Price Law of the People’s Republic of China" and the "Shandong Province Pricing Catalog", the government pricing project implements directory management. The driving service is not included in the "Shandong Province Pricing Catalog", and the price is subject to market-adjusted prices. The specific price standards are independently formulated by the operator according to their own costs and market supply and demand.

Women find a substitute driver offline for 1.5 kilometers and spend 109 yuan. Reporter investigation: Billing software can set the payment amount at will 6

Huang Xiwen, a lawyer at Shandong Zhengdu Law Firm, also reminded consumers that there are currently no unified regulations on surrogate driving across the country. The management of surrogate driving is mainly due to the internal supervision of the company and the self-discipline of the surrogate driver. Therefore, when choosing a surrogate driver, try not to be convenient. You can directly find a surrogate driver at a restaurant, bar, etc. to solicit business. You must check the other party’s driver’s license, confirm the basic information and leave your contact information. It is best to place an order through a regular surrogate driving platform to prevent accidents.

New Yellow River Reporter: Yan Xiaoyu

The future of NIO is ecological?

Article | Interesting understanding of business, Li Wenqi

In addition to selling cars, what else can car companies sell? The answer may subvert your perception.

Recently, Huiding Insurance Brokerage Co., Ltd. (hereinafter referred to as "Huiding Insurance Brokerage") changed its corporate name to NIO Insurance Brokerage Co., Ltd. This move has attracted widespread attention because it is understood by industry insiders as the acceleration of NIO’s layout in the insurance sector.

Image credit: Qichacha

In recent years, not only NIO, but also the number of new energy vehicle companies that value the auto insurance market has gradually increased. Xiaopeng, Ideal, BYD and Tesla have all made plans.

Dong Hao, a veteran in the automotive industry, said that compared with traditional property insurance companies, new energy vehicle companies entering the new energy vehicle insurance market have more advantages in vehicle loss assessment and insurance premium estimation. Car companies can use this as a service breakthrough point and develop more high-profit after-car ecosystem services.

But just like the two sides of the coin, can the beautiful new energy auto insurance really help NIO develop the after-car ecosystem? And, how much support will the continuous cross-border NIO give to the auto insurance business after the launch of mobile phones, charging piles and other products? This may be the point that the current industry pays more attention to.

01. Crowded car insurance track, NIO is catching up

According to the latest statistics released by the Ministry of Public Security, as of the end of September 2023, the national new energy vehicle ownership reached 18.21 million, accounting for 5.5% of the car ownership. From the first to the third quarter of 2023, 5.198 million new energy vehicles were registered nationwide, an increase of 40% year-on-year, accounting for 28.5% of the new car registration.

There is no doubt that the outbreak of the new energy vehicle market has made new energy vehicle insurance a huge blue ocean market. Soochow Securities estimates that by 2025, the scale of new energy vehicle insurance premiums will reach 186.50 billion yuan, accounting for 17.9% of the total proportion of vehicle insurance premiums; by 2030, this scale will reach 454.10 billion yuan, accounting for 32.1% of the proportion of vehicle insurance premiums.

For this huge and promising market, a number of new energy vehicle companies have entered the market.

In July 2018, XPeng Motors established Guangzhou XPeng Motors Insurance Agency, which was later renamed Guangzhou Smart Choice Consulting Services Co., Ltd.; in 2020, Tesla Insurance Brokerage Co., Ltd. was established in Shanghai; Li Auto also fully acquired Yinjian Insurance Brokerage Co., Ltd. in June last year, and later changed its name to Beijing Ideal Insurance Brokerage Co., Ltd. At the 2022 Annual General Meeting, BYD Chairperson Wang Chuanfu said that BYD would enter the new energy automobile insurance industry.

There are many benefits to the deployment of new energy vehicles in the field of auto insurance – after obtaining the relevant insurance license, new energy vehicle companies can configure insurance through car owners to form a complete closed loop of car manufacturing, sales, and after-sales services, which is expected to become a new profit growth point for car companies.

In this context, it is logical for NIO to accelerate the layout of insurance. As early as the beginning of 2022, NIO invested in the establishment of NIO Insurance Brokerage Co., Ltd., with a registered capital of 50 million yuan; but unfortunately, until the company was cancelled, the company did not obtain relevant qualifications, let alone carry out related insurance business.

The reason is actually very simple. Insurance qualifications themselves are a scarce resource. In recent years, the insurance intermediary market has developed rapidly, but there are also pain points of uneven operation quality of intermediaries. Regulators have tightened the approval of insurance intermediary licenses.

But this did not discourage NIO’s determination to explore the insurance market, and instead looked for a "curve" entry route. In December 2022, Anhui NIO Data Technology Co., Ltd., controlled by NIO founder Li Bin, wholly invested in Huiding Insurance Brokerage, and then the original executives also withdrew one after another. It was not until September this year that Huiding Insurance Brokerage changed its name to NIO Insurance Brokerage, and NIO finally went official in its own insurance business.

Picture source: NIO Insurance Broker official website

For this acquisition, NIO did not disclose the specific transaction amount. But according to the market situation, it will not be too low. For example, when BYD transferred 100% equity of Yi’an Property Insurance this year, it spent 4 billion yuan to invest in insurance licenses with higher "gold content". In this regard, some market analysts said that the application for relevant license qualifications in the insurance industry is relatively long. NIO’s operation of Huiding Insurance Brokerage is behind "using money for time". It is naturally easier to buy chickens and lay eggs than to raise big chickens and then lay eggs.

"But the insurance industry is more complicated, and it’s not a one-day job." Zhang Xiang, a visiting professor at the Yellow River Institute of Science and Technology and an automotive industry research institute, said to "Interesting Business": "NIO obtains qualifications through acquisitions, and then opens up sales, insurance, after-sales and other links. For the insurance business, it can deeply cultivate the precise customer group, which is a big advantage. But it should be noted that new energy vehicle insurance is not a profitable business at the moment."

02. Is there enough "ammunition"?

The license qualification is grafted through the "banknote ability", and the subsequent challenges that NIO has to face are the financial ability, technical ability and network layout. No matter what, stronger "banknote ability" is required. "Especially the financial ability level is a big test for new energy vehicle companies," said Mr. Fei, an industry insider.

Because behind the blue ocean of new energy vehicle insurance, there is a hidden high compensation pressure and the resulting general loss. Shenwan Hongyuan Group’s research report shows that the current new energy vehicle insurance compensation rate generally exceeds 85%, and the industry is facing greater underwriting loss pressure.

Zeng Yi, general manager of China Pacific Insurance Property and Casualty Insurance, has also publicly stated that the insurance rate of new energy vehicles is nearly double that of fuel vehicles, and the year-on-year increase in automobile travel in the first half of this year has posed a certain pressure on the underwriting cost of new energy vehicles. China Pacific Insurance’s 2022 interim results show that the new energy vehicle insurance premium grew rapidly in the first half of last year, accounting for 6.6%. However, the new energy vehicles underwritten by Pacific Insurance Property and Casualty Insurance are still losing money.

A set of data obtained by the reporter of the Economic Observer also shows that the insurance rate and compensation rate of new energy vehicles are at a high level. In the first half of 2023, the number of new energy vehicle insurance settled compensation cases increased by 1021.9% year-on-year, and the average compensation for resolved cases was 5801 yuan, an increase of 764 yuan compared with the same period in 2022. However, the average insurance premium for new energy vehicle insurance was only 4081 yuan, a decrease of 47 yuan compared with 2022.

All kinds of phenomena have confirmed that the new energy compensation amount is currently much higher than the insurance premium income. This also means that all players entering the new energy vehicle insurance field must prepare sufficient ammunition. So, is NIO ready?

At the end of August this year, NIO-SW (09866) announced its unaudited financial results for the second quarter ended in the first half of 2023. Data show that NIO’s revenue in the second quarter of 2023 was 8.7717 billion yuan, a year-on-year decrease of 14.8%; gross profit was 870 billion yuan, a year-on-year decrease of 93.5%; net loss was 6.0558 billion yuan, an increase of 119.6%; adjusted net loss was 5.4457 billion yuan, an increase of 140.2%.

Image source: Screenshot of earnings report

From the perspective of the general environment, new car-making forces have shown varying degrees of losses; in the first half of this year, Li Auto’s total revenue was 47.44 billion yuan, and its net loss was 3.24 billion yuan. In comparison, NIO’s loss situation is much more serious.

According to the annual report of NIO-SW (09866), between 2018 and 2022, although NIO’s total revenue is growing, it has been in a state of loss. The losses in the five years were 23.328 billion yuan, 11.413 billion yuan, 5.3041 billion yuan, 4.02 billion yuan and 144.37 yuan. By the first half of this year, NIO’s net loss has exceeded 10 billion yuan, which is 10.926 billion yuan.

What can be seen is that in the context of the recovery of the new energy vehicle market in the first half of this year, NIO still maintained a situation where revenue and gross profit continued to decline and losses continued to expand. Whether it is a single quarter or the entire first half of the year, NIO’s net profit attributable to the parent set a record low for the same period in history.

In terms of delivery, NIO’s situation is also not optimistic. According to public data, NIO delivered 15,641 vehicles in September this year, an increase of 43.8% year-on-year and a decrease of 20% month-on-month. It was the most severe decline in the sales list of new energy vehicles in September.

Revenue decline, delivery decline, but NIO did not reduce investment. According to the financial report data, in the second quarter of this year, NIO’s development investment reached 3.34 billion yuan, close to Tesla’s 3.98 billion yuan, but significantly higher than the ideal 2.43 billion yuan and XPeng Motors 1.37 billion yuan. Statistics can be seen from the previous data, starting from the fourth quarter of 2022, NIO’s R & D expenses have exceeded 3 billion yuan for three consecutive quarters.

It is equivalent to saying that behind NIO’s bet on auto insurance, NIO’s own financial performance and delivery are not optimistic. In the future, whether it can provide support at the auto insurance level depends on the importance of the business in the NIO ecosystem.

"If NIO’s main business is doing very well and can give greater support to the auto insurance business, then overall, auto insurance must be the icing on the cake for NIO," Mr. Fei added: "On the contrary, if its own losses increase, coupled with the high underwriting pressure of auto insurance, the pressure on NIO will be relatively large in the short term."

03. Crossing the border all the way, what is NIO in a hurry?

To the outside world, NIO is less and less like a car company. This indifference is mainly due to NIO’s full range of crossovers – mobile phones, charging stations and now car insurance business.

In June this year, it was reported that the NIO mobile phone had passed the MIIT radio approval; as expected, on September 21, NIO Innovation and Technology Day, NIO released the first ship mobile phone, NIO Phone. According to Li Bin, "NIO makes mobile phones not because mobile phone companies cross the border into the automotive industry, nor do they rely on mobile phones to make money, but NIO users need a mobile phone that is undoubtedly linked to NIO."

But in the eyes of many users, this is not the case. On social platforms, many netizens complained that "it is easier to adapt NIO to more models. The probability of buying another mobile phone alone is not high, and buying a car and giving a mobile phone is almost the same." "It is obviously something that can be done by an app, but you have to develop a mobile phone!" The topic of who the NIO mobile phone is sold to has also triggered widespread discussion.

Image source: Weibo

In addition to the heavy injection of mobile phones, NIO also continues to invest in the field of supplementary energy. By the end of 2022, NIO had 1,315 replacement stations; in early 2023, Li Bin put down his big talk and wanted to build another 1,000 replacement stations. According to NIO’s official data, as of October 20, NIO has arranged a total of 1,969 replacement stations, 3,252 charging stations, and 936,544 third-party charging piles.

Industry analyst Yu Shengmei said that the current construction of power stations is fragmented and chaotic, and the industry is expected to enter the fast lane after the establishment of the national standard. Whoever has the first-mover advantage will be able to enjoy the dividends first.

But at present, it is difficult for the NIO power exchange model to rely on itself to make profits in the short term. According to the calculation of Oriental Securities, generally speaking, the power station reaches break-even, and the utilization rate is about 20% or more, that is, each station needs to serve 88 times a day to barely make a loss. According to NIO President Shen Fei, the break-even line of NIO power station is about 50-60 orders a day, and the current average daily order volume of NIO power station is 35-36 orders.

From a product perspective, this is indeed a good story, but so far, this good story has not brought much benefit in business practice.

As early as 2013, Tesla had experimented with replacing power stations in the United States, but was troubled by factors such as construction costs and profitability, and finally chose to give up. Similarly, behind the replacement of power by NIO owners is the reality that NIO "keeps changing power and loses money". Because the cost of adding replacement stations is extremely high, it is a typical asset-heavy business.

The data shows that the cost of the first generation of NIO substation is about 250-3 million, about 205 are established, and the cost of the second generation substation is 1.50 million yuan, and the number is 1100. According to this data, NIO has roughly invested more than 5 billion yuan in the substation.

Since June this year, NIO’s third-generation power station has maintained a construction speed of 120-150 seats per month. If the cost of the second-generation power station is estimated, NIO’s investment in the construction of power stations in 2023 is expected to be more than 1.50 billion yuan.

In addition to power station equipment, battery storage, battery depreciation, etc., it also requires personnel costs, site expenses, and commercial electricity bills. This is equivalent to saying that NIO has invested more than 10 billion yuan in power station replacement.

Moreover, this business, which was originally intended to be blessed by NIO’s "service", has also become a point of complaint for car owners. In April this year, NIO made adjustments to user rights and interests. Since June 1, the number of free power changes for the first owners of some models has been adjusted to 4 times per month. Previously, this right corresponded to 4-6 free power changes per month according to whether charging piles were installed.

According to NIO’s explanation, free power exchanges will gradually decline until they are fully charged on demand. From a business perspective, this is understandable, but at the same time, such adjustments also make NIO, which has always won by "service", more passive.

Auto insurance, mobile phones, and energy supplementation systems are all major projects worth tens of billions of dollars. At present, whether it is just starting auto insurance, mobile phones that have already launched products, or power stations that have invested tens of billions of dollars, they have not brought profits to NIO. Instead, they are likely to become a drag on NIO’s business.

Standing at the moment, the bigger question from the outside world is, what should NIO, which is gradually tearing off the "service" label, use to impress users?

As one of the three giants of the "new car manufacturing forces", NIO’s story is very good, but returning to the essence of business, performance is the basic set. Especially, as the industry competition intensifies, NIO, which has been expanding its own boundaries, and its own performance pressure, may become more and more difficult.


1. Qubit, "Reassessing NIO, It’s Time"

2. International Finance News, "Cars can’t be sold," Loss King "NIO wants to make mobile phones across borders"

3. Finance and Economics Eleven, "While making large losses and investing heavily, what does NIO think?"

4. Shanghai Securities News, "Is NIO going to sell insurance?"

The music synthesis has come up with a new trick! The official publicity lineup of "Come and See Our Concert" has caused controversy

In the current variety show market, music variety shows were not uncommon, and even began to appear homogeneous. In order to attract more audiences, the music comprehensive program team had created different concepts, which were mostly divided into rock, folk, pop, electronic music, and so on according to the type of music.

The recent broadcast of a music synthesis "Come and See Our Concert" has innovated in the form of performance, emphasizing that "Full Open Mai" gives the audience a closer experience of live music. At the moment of the epidemic, people have not walked into the stadium for a long time to feel the power of the chorus at the concert, and the program concept is to capture the audience’s miss for live music, which naturally has an advantage over other music complexes.

The lineup of the show has also been announced recently, covering Chinese singers of all ages, including old, middle-aged and young, and performing in the form of a combination. Zhang Xinzhe, Wu Sikai, Dai Penny and other classic singers and songwriters come together to believe that they can evoke many people’s youthful memories. Pin Guan, who once played a popular short video platform with the song "The Door Is Not Locked", will also be on the stage with his friends.

Most of these singers are representatives of the popularity of songs, and their songs have spread all over the streets, but no one cares about the singers themselves. In such a collection that focuses on the strength of the scene, I don’t know if they can become popular again.

However, when it comes to "turning red", the 07 fast men who are also in the show lineup may have more experience. After the draft fever more than ten years ago faded, familiar names such as Chen Chusheng, Land Rover, Wang Yixin, and Zhang Yuan were gradually forgotten by people. Some of them adhered to their musical dreams, some switched to filmmaking, and some gradually retired… It was only recently that the fast men returned to the public eye with a reality show. The originally unpopular slow variety show exploded, and the Douban score was as high as 9.7, which also gave the 07 fast men unprecedented attention.

Regardless of the singing ability, the plot of the brothers’ reunion on the stage for many years is enough to attract the audience. After going through their own complicated lives, the brothers can still get together, and the "brotherhood" between them is the key to the recent popularity, and it is also the focus of the program’s promotion. The slogan of the fast man of the year on the promotional poster is also to attract a wave of nostalgic fans and expand the audience.

The show gathered a lot of powerful singers, and naturally also needed traffic blessing, so the new generation of singers was indispensable. However, after the official announcement of the lineup, the appearance of Zhou Zhennan and the little devil caused a lot of controversy. Zhou Zhennan and Cai Weize of the same company formed a "47" group to perform together. Due to the previous incident of Zhou Zhennan’s father being sued, many audiences did not have a good impression of him. The comments even called it "mouse shit spoiled a pot of porridge", and such a poorly reviewed artist had a more or less negative impact on the show’s ratings.

Due to his irrational fans and exaggerated costumes and makeup, the little ghost Wang Linkai has also been controversial from all sides. His performance style on the stage is exaggerated, and the action of "air guitar" is mocked out of the circle, and most people say they cannot appreciate it. The punk style image that the little ghost has maintained for a long time is not very suitable for the positioning of the show "All Open Mai Power Singing General", and his singing skills are not the focus of his performance. In fact, his performance form is greater than the content. The lack of nutritious lyrics has been criticized, and most fans are attracted by the appearance of niche subcultures. If the little ghost still performs in the show in the usual unoriginal way, it will inevitably lead to a wider discussion and criticism.

However, the program team also put a lot of effort into arranging the lineup, and the partners of the two traffic students are Cai Weize and Zhang Bichen. Although Cai Weize also made his debut in the Son of Tomorrow series, as the lead singer of the band at the same time, he has good singing skills, and Zhang Bichen is recognized by the circle and the audience as a strong singer. The cooperation of partners during the performance can also enrich the stage effect to a certain extent, and more importantly, the collision of different types of musicians can increase the topic and accumulate heat for the program.

Such an attempt to make a real "concert effect" is undoubtedly ambitious, and inviting a group of veteran singers is proof. While the controversial artists have a negative impact on the show, they have actually attracted more attention to the show, virtually creating momentum for go LIVE. With the cooperation of the artists’ own traffic and the promotion of the show, many people have noticed this new music synthesis that is about to go LIVE. And whether the concert can be moved into the variety stage as mentioned in the promotion, we will see after the show goes LIVE.

"Love’s Driving" Exposed Special, Wang Chengsi Becomes "Happy Manufacturing Machine"

1905 movie network news On August 25, a comedy and romance film that is about to hit cinemas across the country released a special cast. Director Xu Lin and chief producer Liang Wei took the lead in creating "Wang Chengsi Kuaqu Group" to reveal the story behind the shooting of "Driving for Love" for the first time, showing fans from multiple angles how Wang Chengsi was polished into a "joy maker" in the film, so that the public can see the fancy opening of an excellent comedian. The film is directed by Xu Lin, and Wang Chengsi is the lead actor, and Xu Huiqiang, Ai Ran, Feng Qinchuan, the lead actor, and the friendship actor. It will be staged this Friday. See you in theaters this weekend. The film is on hot pre-sale!

The special issue changes in seconds! How many ways does Wang Chengsi open it?

In the latest release of Wang Chengsi’s special, the beginning of the "Salt can be sweet, amiable, humble, and dedicated" is the film director Xu Lin and chief producer Liang Wei’s high evaluation of the male lead Wang Chengsi, which makes people feel like they have entered Wang Chengsi’s "praise group"? Behind all this is a comedian who has come with more than ten years of persistence and hard work, which is reflected in all aspects of the play inside and outside the play.

First, the director’s certified acting skills! Director Xu Lin said of his most impressive scene that "there was a scene where he ate steak in a western restaurant. In just ten seconds, Wang Chengsi could perform four levels". From never eating steak, to feeling delicious, to devouring, and finally trying to maintain elegance, a piece of steak can be eaten in four states. Unknowingly, the comedy tension of a little person is fully released. Second, the commendable professionalism! Chief producer Liang Wei talked about the filming of the film in winter. When the hot spring scene was filmed early in the morning, the extras could not stand it for 30 minutes, and Wang Chengsi stayed in it all the time. His dedication was admirable. Third, the all-round performance of delicate emotions! In this film, Wang Chengsi not only shows his funny ability, but also the delicate handling of emotional scenes, which allows people to see Wang Chengsi’s deeper performance skills. When filming the crying scene where Zhong Chengkui saw his daughter regain her eyesight, the director Xu Lin asked Wang Chengsi if he needed to prepare eye drops. Wang Chengsi refused, proving that "a strong man also has a tender side" with an excellent crying scene. When Director Xu recalled the filming of this film, he also praised Wang Chengsi’s precise handling of emotional scenes. His performance will definitely make people feel the change of Zhong Chengkui’s mood when watching the movie, and be healed and moved by the family interaction between father and daughter. How many ways does actor Wang Chengsi have to open up? Let’s meet at the theater this Friday to find out.

The director called out for choosing the right person! Wang Chengsi writes with love and becomes a late bloomer

"Driving for Love" tells the story of Zhong Chengkui, the water delivery brother, who is involved in a carefully planned "stand-in love" because he looks like Li Jiahao, the young director of the design company. As Wang Chengsi’s first male lead film work, he is facing the difficult challenge of one person playing two roles at the same time. In an interview, he admitted that "there is a lot of pressure". The most difficult scene in the whole shooting process is that Zhong Chengkui has to pretend to be Li Jiahao to speak on stage, and Li Jiahao pretends to be Zhong Chengkui to cooperate in order not to be exposed. In actual shooting, the transition of the two roles is very easy to be confused. How to deal with the different states of the characters and complete the performance naturally and smoothly, Wang Chengsi has made a lot of effort for this. As for Wang Chengsi’s performance, the director Xu Lin bluntly said that "he chose the right person", and the chief producer Liang Wei said that "he will always give you some surprises".

As a meritorious actor of Happy Twist, Wang Chengsi embraces his love for acting. It took seventeen years to slowly move from the stage of the drama to the big screen, and to accumulate energy from each and every role. Finally, in "Driving for Love", he realized his dream of being the leading man in the movie. Zhong Chengkui, a poor boy in the play, wants to fall in love with Huo Qixin, a rich daughter, and Wang Chengsi outside the play also turns around and has his own male lead. Actor Wang Chengsi staged a "double-line counterattack", writing his own late bloomer with love and perseverance.