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How determined is the 4S Group to close 5 4S stores and build more than 20 car body panel and spray centers？

Under the general trend of falling vehicle sales and prices, the logic of making money in 4S stores has changed: 4S Group is no longer centered on the brand of the agent, but on customer service, and its autonomy will grow.

What does the author mean?

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Please indicate the source: AC car (ID: ACQICHE).

"Selling one car loses another" is not an exaggeration, but a fact.

AC Auto recently took stock of the 2023 annual report of 9 major dealer groups.The gross profit of new cars has declined to varying degrees year on year, without exception.

This is enough to see the power of the "price war" in the auto market, which not only devours the profits of dealers, but also accelerates the reshuffle of the dealer system. Many 4S stores’ hopes for survival are pinned on the rebates of manufacturers.

This year’s "oil-electricity dispute" is even more fierce. New energy vehicles not only disrupt the price system of traditional cars, but also impact the joint venture brand camp that 4S stores rely on most.

In 2024, the overall situation of automobile dealers in China is not optimistic. Under the difficult situation, it is better than the listed automobile dealer group to adjust actively.

Zhongsheng Group has always been in the forefront of the industry in terms of revenue and net profit, and was once called by the media."the last light in the 4S era"Its two core financial data in 2023 are not optimistic year-on-year, which reflects the operational difficulty of the automobile circulation market.

But zhongsheng group’sAfter-sales business is still the most eye-catching "background color" in the annual report.In particular, the strong control of the accident car business is also considered by the industry to be the key to keeping the last light in the 4S era.

After-sales "background color": the after-sales gross profit of a single store is as high as 22 million.

In 2023, luxury car dealers had to jump into the deep pit of "price for quantity" under the atmosphere of "price drops and then falls".

As the largest distributor of Lexus and the second largest distributor of Mercedes-Benz in China, Zhongsheng Group had 420 dealerships by December 31, 2023, including 269 luxury brands and 151 mid-to high-end brands.

Even with such a strong brand, Zhongsheng Group’s net profit fell by 24% in 2023 when its revenue decreased slightly year-on-year.

In terms of the split structure, Zhongsheng Group’s main income is still obtained from the sales of new cars. In 2023, the revenue scale was about 140.2 billion yuan, a slight decrease year-on-year; However, the gross profit of new cars was only 1.058 billion yuan, down 74% year-on-year.

The gross profit margin of the new car is even bleak.From 2.7% to 0.8% in 2023.. This is also the first time since 2016 that the gross profit margin of Zhongsheng New Car has fallen below 1%.

It is becoming more and more difficult to make money from new cars, and the after-sales business has become the ballast stone of 4 S. This is also the "background color" of Zhongsheng Group.

There are two sets of data to prove it:

First, in 2023, Zhongsheng Group contributed 20.1 billion yuan in after-sales revenue (maintenance, repair and painting) and 9.3 billion yuan in after-sales gross profit, up by 15% and 24% respectively. The number of incoming plants increased from 6.72 million to 7.47 million.

Based on this data, Zhongsheng GroupThe after-sales gross profit of a single 4S shop is as high as 22 million yuan/year, and the output value of bicycles is 2691 yuan.

Second, from 2020 to 2023, Zhongsheng Group’s absorption rate of spare parts exceeded 100%, which is enough to show that Zhongsheng’s after-sales gross profit can cover the operating costs and reduce the operating risks of 4S stores under the background that new cars are difficult to make money.

In terms of revenue contribution alone, the gross profit contribution of Zhongsheng’s spare parts, maintenance packages and after-sales service,From 54.2% in 2017 to 65.7% in 2023.It is enough to see the importance of after-sales business in Zhongsheng Group.

Strong control of accident car business: building 100 car body panel and painting centers.

In the annual report of Zhongsheng Group, it was emphasized again."Three One Goals"：

That is, to build 100 brand car body panel and spray service centers; Double the output value of accident car maintenance business; Achieve a sales ratio of used cars to new cars of 1.0.

As of March this year, Zhongsheng Group has operated 20 Zhongsheng brand maintenance service centers in 15 cities, another 14 are under construction, and an additional 12 have been planned.

It is worth mentioning that Zhongsheng Group has optimized its weak brand 4S store.Five Nissan 4S stores have been converted into car body panel and painting centers.

AC Auto once explained in the article that Zhongsheng Group will build the largest accident car maintenance chain in China if the goal of 100 cars is achieved.

Generally speaking, the gross profit contribution of after-sales business of a 4S shop is close to 50%, and the accident car business can account for 60-70% of the gross profit pool of after-sales business.

In 2023, Zhongsheng Group’s after-sales (maintenance, repair and painting) gross profit was 9.3 billion yuan, accounting for more than 65.7% of the contribution. Based on the above data,The accident vehicle maintenance output value of Zhongsheng Group may exceed 5.4 billion yuan.. The annual report also revealed that the output value of accident vehicle maintenance increased by 14% year-on-year.

Under the hidden rule of premium for resources, accident car business has become one of the few strong businesses in 4 S. Behind Zhongsheng Group’s tightening of accident car business,There are two necessary conditions:

AC automobile columnist weiran made an inventory of the after-sales situation of Zhongsheng Group in his article:

As can be seen from the table, from 2019 to 2023, the number of factory returns of Zhongsheng Group increased slightly, the after-sales gross profit margin was relatively stable, and the average output value decreased, but the number of retained customers increased to 3.79 million; After-sales gross profit increased from 8.6 billion to 11.766 billion yuan.

Where does the growth source come from?

There is an answer in the financial report:In 2023, the number of new car customers of Zhongsheng Group was 501,500 units, down 3.6% year-on-year, while the number of retained customers increased by 7.1%, which means that most of the increase came from the increase in the number of customers who returned to the factory after sale.

In other words, the "customer unit price" is decreasing, and the number of incoming plants is increasing, indicating that Zhongsheng Group’s after-sales customer locking and customer recall capabilities are getting stronger.

In the annual report, Zhongsheng Group put forward that the ultimate goal is to become a localized automobile service brand, and non-Zhongsheng system owners can also renew their insurance, repair accident cars and wash beauty stickers through Zhongsheng.

To achieve this goal, "100 car body panel and spray centers" is a key link, which will become the main contact point for car owners of non-medium-rise systems and deeply bind insurance companies and customers.

It is certain that similar Zhongsheng Group will strengthen the management and control of the accident car business, or bring greater pressure to the repair shop.

Hold the last light of the 4S shop era?

Some people think that the prosperity of China’s automobile market is the prosperity of consumption, not the prosperity of capital.

Judging from the market value of the dealer group alone, Zhongsheng’s share price has turned sharply from the high point in mid-2021 to now.Lost 82% of its market value..

Obviously, the logic of making money for dealers has changed, and the core of business may have shifted from vehicle sales to after-sales service.

The adjustment made by Zhongsheng around the after-sales business also reflects the new trend of the dealer industry:4S Group no longer takes the brand of the agent as the center, but takes the customer service as the center, and holds the customer firmly in its hands, so its autonomy will grow.

With China’s automobile market entering the stock market from the incremental market, 4S Group has a large number of customers, and customer operation has become the key to its future success, for example, increasing the number of after-sales tickets and the output value of bicycles.

Moreover, Zhongsheng’s customers are mostly luxury car owners, who are able and willing to pay for high-value services. Based on this, Zhongsheng’s strategy in the after-sales field should be more radical.

It can be said,It will become the base for Zhongsheng Group to resist the decline of dealer industry by mainly operating luxury cars, holding the basic after-sales market and controlling the accident car business.

It is an indisputable fact that in the tide of electrification transformation, fuel vehicles are being subverted, and the four functions of 4S stores, including vehicle Sale, Spare part, after-sales Service and information Survey, are being dismantled by OEMs and independent after-sales enterprises. Reflected in the data, from 2020 to 2023, more than 8,000 4S stores withdrew from the network.

Whether Zhongsheng can keep the last light of the 4S shop era remains to be answered. To be sure, this will be a thorny road.

Experts analyze the whole process of influenza. If you have persistent high fever or severe cough, you need to seek medical advice in time.

Text/Figure Yangcheng Evening News reporter Zhang Hua correspondent Wang Shuhua Liu Qisha

It’s too difficult for children this year. Mycoplasma pneumonia hasn’t gone yet, and the flu is coming again. Some netizens complained: "When I went out in the morning, I started to have a fever and feel unwell in the afternoon, and I was infected with the flu, and the onset was quite fast." What are the symptoms of being infected with influenza virus? What medicine should I take? What situation needs to go to the hospital for treatment? The reporter interviewed relevant experts to understand the incidence of influenza and asked them to give corresponding countermeasures.

Emergency use of antiviral drugs within 48 hours of infection.

Influenza virus is mainly spread by respiratory droplets such as sneezing and coughing. Influenza spreads strongly and quickly, and people are generally susceptible, and the risk of infection in children is higher.

"On the first day of infection with the flu virus, the body temperature will rise rapidly, and the muscles of the whole body will be sore, tired and have a headache." Mai Huachao, an attending physician in the Department of Internal Medicine of Guangdong Maternal and Child Health Hospital, said, "The antiviral drug oseltamivir can be used under the guidance of a doctor. It is prime time to use it within 48 hours, which can shorten the course of disease and prevent the occurrence of severe diseases."

With the prevalence of various pathogens in the lower respiratory tract, Cen Zhenghui, deputy chief physician of Pediatrics of the Eighth Hospital affiliated to Guangzhou Medical University, pointed out that the general symptoms of influenza patients are more severe, with high fever obvious in the early stage of the disease, atypical respiratory symptoms, accompanied by fatigue, headache, muscle aches and other manifestations. Patients infected with mycoplasma pneumoniae, unlike influenza, are accompanied by typical symptoms of dry cough in addition to fever. In addition, influenza antigen, mycoplasma pneumoniae serum antibody detection, nucleic acid detection and other tests can help doctors make identification and diagnosis.

If the fever persists for more than 3 days or the cough is severe, you need to see a doctor.

On the second or third day of influenza infection, the immune cells in the body fight the virus with all their strength, and the human body may have repeated symptoms such as fever, headache, sore throat and runny nose. Mai Huachao suggested that at this time, you should rest at home and drink plenty of water to give your body the energy to fight the virus.

Generally, on the 4th day after infection, the body temperature gradually returns to normal, and symptoms such as sore throat, headache and runny nose begin to ease, but the cough will get worse. Mai Huachao pointed out: "When infants, especially those within three months, continue to have high fever for more than three days or cough is serious enough to affect rest, it is recommended to seek medical advice immediately."

After the fever has gone down, quite a few children will have cough symptoms. Mai Huachao said that if you have a dry cough, you can take some cough medicine. If you have a serious cough with phlegm, or have fever symptoms, you should seek medical advice in time. Most symptoms of influenza will be relieved within 3-7 days, but cough and physical recovery often take more than 1-2 weeks.

You can still get the flu vaccine after you get the flu.

Both influenza and mycoplasma pneumoniae can cause pneumonia. Cen Zhenghui pointed out that if the child has a fever for more than 3-5 days repeatedly, the high fever does not go away, or there is a severe cough, the doctor auscultates the rales in the lungs, and the chest film and other imaging findings suggest that the lungs are oozing, which may be pneumonia. The specific situation needs the doctor’s judgment.

Is it necessary to get a flu vaccine after being infected with the flu? Experts say that after the flu patients are cured, it is still necessary to vaccinate against different types of influenza virus infection. Although the protection of vaccine against influenza virus can not reach 100%, it can effectively reduce infection symptoms and improve recovery speed after vaccination. It is recommended to vaccinate after the fever is gone and the flu symptoms are basically relieved.

Hu Dandan, director of vaccination clinic for people with special needs in Guangdong Province of Guangzhou Women and Children Medical Center, said that usually, after 2-4 weeks of influenza vaccination, antibodies with protective level can be produced. Therefore, vaccination can have a protective effect when the peak of influenza comes in winter, and people aged 6 months and above can be vaccinated without vaccination contraindications.

Jo Yeo-jeong or join the team of ＂Working Girl＂ and ＂My Wife＂

Jo Yeo-jeong

　　　 Movie network news On 26th, Jo Yeo-jeong, a South Korean actress, said that she had recently received an offer to star in a new film and was actively discussing it. The film is the latest work of the production team and tells the romantic love story of working women.

　　　 Director Baum-sik Jeong, who directed a series of films, will direct the tube again this time. Korean media had previously revealed that Jo Yeo-jeong had joined My Wife’s Everything 2, which was later proved to be misinformed. Jo Yeo-jeong is expected to join Working Girl, which is expected to start shooting in February next year.

　　　 Jo Yeo-jeong has now decided to join director Jin Dayu’s partner Song Seung Heon, who is expected to stage 19 forbidden erotic dramas, and Seung-yong Ryoo, who is a remake of a French film released in 2011 by the director of "Test to Death", telling the story of a mercenary ‘ Ruxun ’ And the intern who rescued his kidnapped wife ‘ Taijun ’ Between the dangerous peer stories.

Changyu ranks in Drinks Business ＂Top Ten Wine Brands in the World＂

　　BEIJING, August 11th (Xinhua)-Drinks Business, the world’s most influential wine trade professional media, released the "Top 10 global wine brands 2017" on August 10th, and Changyu ranked fourth with the annual sales volume of 15 million cases in 2016. Drinks Business pointed out: "The company’s export business has achieved tangible results, and it has obtained distribution channels in all important European markets and Russian markets. Its Changyu Mosel XV winery Cabernet Sauvignon has proved its success."

　　Coincidentally, in the "Top 10 Best Selling Wine Brands in the World" published by WORLD’S TOP MOST last month, Changyu also ranked fourth. As the only wine brand with a history of 100 years in China, Changyu’s brand reputation in the eyes of global consumers can be seen from this.

　　Changyu products listed in Drinks Business "Top Ten Wine Brands in the World" include Changyu Mosel XV Winery in Ningxia, Changyu Gold Ice Valley Ice Wine Winery in Liaoning, Changyu Babao Baron Winery in Xinjiang, Changyu Ruina Castle Winery in Shaanxi, Changyu Aifeibao Winery in Beijing and Changyu Castel Winery in Yantai. It is understood that as early as March 2013, the British royal wine merchant BBR (full name Berry Bros. & Rudd) provided permanent shelf positions for the products of Ningxia Changyu Mosel XV Winery and Liaoning Changyu Golden Ice Valley Ice Winery, becoming the only Chinese winery sold by BBR. In April this year, Tesco, the largest supermarket chain in the UK, launched the Cabernet Sauvignon dry red wine from Changyu Mosel XV winery in Ningxia, which attracted great attention from British media such as Daily Mail. In addition, in the high-end wine sales and consumption places such as DELTA WINES in the Netherlands, BATAILLARD in Switzerland, CERVILLE in Poland, TS GROUP in Russia, SCARPETTA in the United States, the wines of Changyu Mosel XV winery in Ningxia compete with the world famous wines on the same stage. During the ProWein (Dü sseldorf International Wine Show, Germany) in 2017, the 2013 Moser Cabernet Sauvignon produced by Moser XV Winery in Changyu, Ningxia was selected as the special lecture "ProWein: Jessie Robinson’s favorite wine".Robinson is a famous British wine critic with the title of World Wine Master (MW). He is the author of classic works such as World Wine Map, Wine Grape Varieties and Oxford Wine Dictionary, and enjoys high prestige in the wine world.

　　What’s more worth mentioning is that Changyu Cabernet Dry Red, the flagship brand of Changyu, has been exported to 28 countries in Europe, America and Asia, including countries along the Belt and Road, and sold in more than 5,000 sales points in Europe, becoming a China wine recognized by European consumers. Since Changyu Cabernet Sauvignon was first published in 1931, its global cumulative sales volume has exceeded 460 million bottles, making it one of the largest wine items in the world.

　　According to Drinks Business, the global wine consumption reached 24.2 billion liters in 2016, of which the wine consumption in China reached 1.73 billion liters, an increase of 7%. It is predicted that by 2020, China will surpass Britain and become the second largest wine market after the United States. According to the data of China Customs, Drinks Business once selected "Top Ten Wine Importers in China" in June this year, and Changyu Company, which conducts imported wine business on the platform of Changyu Pioneer International Wine Company, ranked second. According to reports, after Zhang Yu acquired Roullet-Fransac in France in 2013, Marques del Atrio Ou in Spain and Chateau Mirefleurs in Bordeaux, France in 2015, he entered Chile this year, joined the joint venture of Magic Lion Wine Jane Co., Ltd., acquired Bethwines in Chile, and actively acquired the largest wine producer in China. (Chen Zhuang)

Geely’s 2018 Emgrand GL officially went on sale for 788-115,800 yuan.

　　On January 1, 2018, Geely’s 2018 Emgrand GL was officially launched. The new car was also upgraded in appearance, interior and configuration. At the same time, it was equipped with a new generation of G-Netlink 3.2A intelligent in-vehicle system and full-speed ACC adaptive cruise system. The new car has launched 7 models with 1.8L and 1.4T displacement, and the official guide price is 788-115800 yuan.

Geely 2018 Emgrand GL Guide Price car make and model Guiding price (ten thousand yuan) 1.8L manual enterprising type 7.88 1.8L Manual Elite Zhilian Model 8.68 1.8L Automatic Elite Zhilian Model 　9.68 　1.4T Manual Elite Zhilian Model 　8.98 　1.4T Automatic Elite Zhilian Model 　9.98　　1.4T automatic distinguished zhilian type 10.98　 1.4T automatic flagship type 11.58　

　　In addition, car purchase now enjoys four preferential policies: continuing the national 2.5% purchase tax reduction and exemption policy; Free unlimited traffic for 2 years, and enjoy the intellectual interest interconnection; The whole department has 24 periods of 0 interest, and it is easy to buy a car without pressure; Replacement purchase, enjoy a maximum subsidy of 3,000 yuan for car replacement.

　　In appearance, the new car continues the family design style, but it can also be clearly seen that the appearance adjustment, the grid spacing of the upper grid on the water drop ripple has been redesigned, and the lower grid adopts dense black horizontal stripes, which echoes the stripes below the fog lights on both sides, widening the overall visual effect of the front face; The brand-new far and near light integrated automatic induction headlights adopt LED light source and laser carved "GEELY" logo, which is more recognizable and advanced than the old models.

　　The new car adopts a quick-back streamline shape, and the GEELY LOGO is engraved on the chrome trim at the rear of the car to replace the original Geely shield brand LOGO. The use of LED light guide taillights and the shape change of two exhaust ports on both sides of the rear of the car make the new car look more exquisite.

　　In terms of interior, the new car basically retains the existing design, and still takes simplicity and elegance as the main tone, and makes adjustments in the central control multimedia control area, canceling the original physical buttons on both sides of the 8-inch central control screen and replacing them with touch virtual buttons.

　　In terms of configuration, the new car is equipped with Geely’s new generation G-Netlink 3.2A intelligent in-vehicle system, which has built-in the latest 2.0 generation Gaode map online navigation system, supporting real-time road navigation, one-click synchronization of mobile phone information, real-time online map upgrade and other functions; In addition, the working range of ACC adaptive cruise system for high-profile vehicles has changed from 30-150km/h to 0-150km/h, thus supporting the functions of following the car at low speed, stopping and starting again, and being suitable for traffic jams.

　　In terms of power, the 2018 Emgrand GL will be equipped with a new 1.4T high-efficiency turbocharged engine, which can output the highest power of 98kW and the maximum torque of 215N·m, matching the Gretel 6DCT transmission.

Shijiazhuang Cadillac XT5 special sale, special 242,700! Sufficient car

Welcome to the Autohome Shijiazhuang discount promotion channel, here is an exciting news for you to buy a car. At present, the high-profile luxury SUV is holding a grand promotion, bringing unprecedented car buying opportunities to consumers in Shijiazhuang area. The maximum discount is amazing, up to 130,000 yuan, which has reduced the starting price of the already highly competitive XT5 in the market to the lowest 242,700 yuan. If you are interested in this luxury car, please seize this price reduction window and click "Check the car price" in the quotation form to get the most accurate discount information and make your car buying dream more accessible.

石家庄凯迪拉克XT5特价出售，特价24.27万！现车充足

The exterior design of the Cadillac XT5 is refined and full of power, highlighting the perfect fusion of luxury and technology. The front face features a family-style shield-shaped air intake grille, paired with a sharp LED headlight set, for a strong visual impact. The body lines are smooth and muscular, and the overall style is both luxurious and sporty, reflecting Cadillac’s attention to detail and a deep understanding of the driver’s needs. Whether from a distance or a close-up, the XT5 can attract people’s attention.

石家庄凯迪拉克XT5特价出售，特价24.27万！现车充足

The Cadillac XT5 showcases its luxurious temperament with elegant body proportions, with a length, width and height of 4813mm, 1903mm and 1682mm respectively, and a wheelbase of 2857mm, which provides ample support for the interior space. The side lines are smooth and dynamic, reflecting the brand’s careful carving of details. The tire specification is 235/65 R18, with the front and rear wheels of the same specification, and the exquisite wheel rim design not only enhances the driving stability, but also adds to the visual impact of the vehicle.

石家庄凯迪拉克XT5特价出售，特价24.27万！现车充足

The interior design of the Cadillac XT5 highlights the perfect fusion of luxury and technology. The exquisite leather steering wheel not only provides a comfortable grip, but also supports manual up and down + front and rear adjustments to adapt to the different driving needs of the driver. The central control screen of the center 8 inches is equipped with an advanced automatic speech recognition control system, which is convenient for the driver to control various functions such as multimedia, navigation, telephone and air conditioning. As for the seats, imitation leather and leather materials are used to provide front and rear adjustment, backrest adjustment, high and low adjustment and waist support. The front seats are also equipped with heating function, and the driver’s seat also has power seat memory function. The second row of seats also supports front and rear adjustment and backrest adjustment, and has a proportional reclining function to ensure the comfort of passengers. These details reflect the XT5’s emphasis on the driver and passenger experience.

石家庄凯迪拉克XT5特价出售，特价24.27万！现车充足

The Cadillac XT5 is equipped with a powerful 2.0T engine, which can reach a maximum power of 174 kilowatts and a maximum torque of 350 Nm. The performance of this engine is quite outstanding, with 237 horsepower output and a 9-speed automatic transmission, providing a smooth driving experience. Whether it is daily driving or dealing with various road conditions, it can show good power support.

To sum up, the Autohome owner has a very high evaluation of the appearance of the Cadillac XT5. He praised its strong front, big and bright lights and domineering body lines, which make people feel its powerful aura at a glance. This design undoubtedly satisfies his pursuit of power and beauty, making it the ideal car in his heart. On the XT5, the perfect combination of tough appearance and inner quality undoubtedly brings an unparalleled driving experience to the driver.

Other brands are going to be ＂laid off＂! Hongqi EH7 is nearly 4980mm long.

Although cars can enhance the convenience of people’s travel, safety is still an unavoidable topic. Therefore, many car companies have begun to upgrade the safety of their models. Of course, for consumers, a car with very complete active and passive safety configurations will be more popular. As a medium and large car, there are many highlights. Let’s take a look.

Let’s take a look at the appearance of the Hongqi EH7 first. The front face of the Hongqi EH7 looks very fashionable and looks very sporty. With the streamlined headlights, it has been upgraded to a certain level. The car is equipped with LED daytime running lights, automatic opening and closing, delayed closing, etc. Come to the side of the car, the body size of the car is 4980MM*1915MM*1490MM, the car adopts a calm line, the body presents a fashionable and simple design style, with large-sized thick-walled tires, the overall visual effect is very stable. In the rear design, the overall shape of the Hongqi EH7 rear echoes the front face, and the tail lights give people a very sharp feeling, creating a good aura.

Sitting in the car, the interior looks very cute and simple. The steering wheel of the car is very in line with the interior style. It is made of leather material and has a simple shape. From the central control point of view, with a 15.5-inch central control screen, the interior style is impressive, and the overall design of the central control is very good. Finally, let’s take a look at the dashboard and seats. The dashboard design is remarkable, and the trendy design elements make people remember it at a glance. The car adopts leather seats, and the seats are wrapped in place, which is basically enough for daily use.

The Hongqi EH7 is equipped with an electric motor with a total power of 455KW and a total torque of 756N.m. It has good acceleration, excellent cruising range, and good power performance.

There is still no problem with two luggage bags in the trunk of the Hongqi EH7, and the rear seats cannot be reclined, which is a pity. At the same time, the car is equipped with fatigue reminder, brake anti-lock (ABS), LED daytime running lights, brake assistance (EBA/BAS, etc.), braking force distribution (EBD) main driver airbags, passenger seat airbags, side air curtains, front side airbags and other safety configurations.

This car performs well in terms of space and configuration. As for the exterior design, everyone has their own aesthetic. If you need such a travel tool, you might as well experience it quickly.

The Galaxy era of new energy is the best youth era for Chinese cars

The Spring Festival Gala, the Spring Festival movies, the statistics and comparisons of the number of tourists in various places, etc., almost habitually occupy the hot search list during the Spring Festival every year.

At the same time, the entire automotive industry has always entered a short period of silence.

The Spring Festival of 2024 has some exceptions.

On February 4, Mr. Wei of Tongren, Guizhou Province, was driving a Lynk & Co 08 EM-P with two family members on their way back home in ice and snow. In order to avoid the large truck, the vehicle skidded out of control and fell off a cliff about 60 meters deep. Fortunately, Mr. Wei and his family members in the same car suffered only minor bruises, and then the vehicle automatically sent an SOS alarm for help, and the three people were successfully rescued.

After the incident was fermented on the whole network, the news that Geely’s car safety value was full made an exception to the hot search list during the Spring Festival.

The King of Rolls?

February 18, the ninth day of the first lunar month.

Gan Jiayue, CEO of Geely Automobile Group, made a brief response to the Lynk & Co 08 EM-P traffic accident in Tongren, Guizhou, in a New Year’s message entitled "The’Galaxy Age ‘of New Energy and the’Youth Age’ of Chinese Automobile" released through Geely Automobile’s official Weibo.

Gan Jiayue said that what we do is to respect the lives of users, not to make superficial articles, but to lay a solid foundation and practice internal skills. Users are the first value of existence, and providing users with safety is not marketed, but done.

The word "dry" actually expresses Geely’s confidence and domineering spirit in building cars and building cars.

I still remember that in January 2023, Gan Jiayue announced in the form of "Cloud Release": "Intelligent Geely 2025 Strategy" was a new digital infrastructure, the first "cloud, data, and intelligence" integrated super cloud computing platform for global car companies, and Geely Star Smart Computing Center was officially launched.

The "car super brain" with a total computing power of 8.10 billion billion times per second in the cloud was officially launched, pushing Geely’s digitalization, data and intelligence to another high ground.

In February 2023, Geely Automobile released its new energy strategy and launched the mid-to-high-end new energy series "Geely Galaxy".

Since then, Geely Automobile has formed a full-scale layout in the new energy market. From Polaris and Krypton, to Lynk & Co, Galaxy, Geometry, Panda, and even Smart Elf, Volvo, Lotus… Geely Group can be said to be one of the most comprehensive and subdivided automobile groups in the world with a new energy layout.

In other words, Geely Automotive has completed the perfect transformation of vision globalization, market globalization, brand globalization, capital globalization, and quality globalization.

In May 2023, Geely Galaxy’s exclusive "SHIELD Battery Safety System" completed the first basic safety test at the China Automotive Center. And successfully passed the battery acupuncture test recognized as the most difficult and rigorous in the industry.

In September, Geely Galaxy L6, equipped with the Aegis battery safety system, completed the industry’s first three-car high-speed serial rear-end collision test at Shanghai Motor Vehicle Testing and Certification Technology Research Center Co., Ltd., and the "Aegis battery safety system" was proved to have superpowers beyond industry safety.

At 7:37 on February 3 this year, the Xichang Satellite Launch Center successfully launched the Geely Constellation 02 satellite into space.

Geely Constellation is also the "Future Travel Constellation" satellite. It is independently developed by Geely’s Spacetime Daoyu and the world’s first commercial communication, navigation and remote sensing integrated constellation.

In June 2022, Spacetime Daoyu successfully launched nine satellites into orbit in the first orbit of the constellation in the form of "9 stars in one arrow", forming the first orbital plane of the constellation. This time, 11 satellites will form the second orbital plane of the constellation.

According to the plan, Geely will complete the deployment of 72 satellites in the first phase of the constellation in 2025, which will provide satellite application services to global users and enable global positioning without blind spots.

In fact, since June 2020, Geely has entered the "4.0 comprehensive architecture car system car era" and become a Chinese auto company with a world-class modular architecture (CMA world-class modular architecture), the entire industry has also entered an eventful period. Roll structure, roll configuration, roll price, roll machine, roll flow. However, no matter what new concept the rim becomes popular, Geely can come up with a mature and reliable response.

At this point, we come back to the sudden traffic accident at the beginning of the text.

The out-of-control Lynk & Co 08 EM-P, the frame is complete, the airbag is normally opened, as a new energy SUV, the power battery does not have the secondary disaster of thermal runaway, it can be accurately located in the inaccessible ravine, and the vehicle automatically sends the SOS alarm for help at the first time…

This series has no rehearsal, no script, and behind the sudden bits and pieces that are related to the safety of our lives, which one is not closely related to Geely’s technological priority and macro layout of car manufacturing?

Perhaps we can draw a conclusion from this. In this world of "rolling" and chaotic car building, Geely is the "king of rolling".

There is no other world wide!

As we all know, "volume" is actually a neutral word.

If you don’t roll, there is a high probability that you will be eliminated by the industry; if you roll too much, you will definitely harm yourself.

If we hang Geely as the "King of Roll Kings", then Geely’s past, present, and even future actions will actually be somewhat suspicious of killing the goose and getting the egg.

Is that so?

By reading the New Year’s message of 2024, we can get a standard answer to this.

So far, there are still some people who praise pure electric vehicles, and of course some people praise the revolutionary promotion of the automobile industry by Chinese electric vehicle companies. To this, Geely’s answer is that whether pure electricity is the only direction in the future, Geely believes that "electric drive" is irreversible.

Because electric drive is currently known to be the most important way to convert various renewable resources. Even "hydrogen" is called "hydrogen fuel cell vehicle".

At present, Geely is one of the few car-making entities that adhere to the green methanol project. In this regard, Geely believes that whether green methanol will become the next new energy trend, Geely believes that it is one of the most effective ways to achieve carbon neutrality.

Therefore, Geely does not participate in the debate on new energy routes, and adheres to multi-technology routes such as green methanol, pure electricity, hybrid, and hydrogen fuel.

At present, the future of autonomous driving is still uncertain. In this regard, Geely firmly believes that "intelligence" is irreversible. Because practical applications such as smart home, smart medical care, and smart city are already in sight. As the end point of smart mobility, the intelligent experience of users must be the high value needed in this era.

Therefore, based on the above, regardless of whether the price war can lead to a consumption boom, Geely has always adhered to high value and firmly believes that new energy vehicles driven by electronic architecture and software will be more cost-effective.

Based on this, it seems that we cannot simply and roughly characterize the issue of Geely’s "roll".

To be precise, Geely is not afraid of rolling, but has no intention of entangling in it.

Geely Automobile has sufficient means to cope with the market’s internal volume tactically. Behind it is actually a strategic pattern that is open and closed, fully defended, prepared for a rainy day, and far-sighted.

Looking at it, in essence, this is empowered by "Smart Geely 2025", the attributes of Geely’s "technology-based enterprise" have been strengthened, and Geely’s industrial chain is changing from the traditional "self-owned closed-loop type" to the more powerful "general open type". Obviously, Geely’s "technology factor" will also become a boost to the overall rapid development of Chinese automobiles.

The mid-to-high-end new energy series "Geely Galaxy" that has just ended its rookie season can be the best proof of Geely’s car-making that has undergone qualitative changes.

In January, Geely Galaxy ushered in a good start to 2024, with 19,223 sales in the whole series, close to the monthly sales of 20,000, setting a new high. Up to now, Geely Galaxy has successively launched Galaxy L7, Galaxy L6 and Galaxy E8 three cars, forming a "pure electric + electric hybrid", "car + SUV" product layout, and sales have exceeded 100,000.

When most freshman car companies are still struggling with the passing line of "monthly sales exceeding 10,000", first-year freshman Geely Galaxy has come out of a perfect upward curve.

With the launch of the Geely Galaxy E8 on January 5, Geely announced that it had entered the "Galaxy Age" of new energy.

In fact, the "Galaxy Era" does not specifically refer to the Geely Galaxy car series. It heralds the comprehensive renewal of Geely’s various brand lines, and the comprehensive application of Geely’s world-leading new energy intelligent technology in different products. It also represents Geely’s entire system’s determination to "new energy", to "intelligence", and to "high value".

Therefore, when we stand at the user’s perspective and look purely at the product, we can uncover new avenues for Geely’s car manufacturing.

Take the Geely Galaxy E8 as an example.

A 200,000-class pure electric car, the price is not cheap, and this is the average price of Geely Galaxy has reached 160,000 yuan on the basis of higher.

However, after some careful consideration, you will be relieved, Geely Galaxy E8, the price of the B-class car, the size of the C-class car, the performance of the supercar, and the safety of the million-class make the Galaxy E8 a new generation of pure electric flagship in China.

Write at the end

On February 1, the data showed that in January, Geely Automobile sales were 213,500, an increase of about 110% year-on-year, and the sales volume reached a record high, ranking first in the industry. Among them, the sales of new energy vehicles 66,000, an increase of 591% year-on-year, accounting for 30% of the total sales.

One of the best auspiciousness in history has been revealed.

As Gan Jiayue put it, Chinese cars have entered the "youth era" in their prime, and Geely’s car manufacturing will fully integrate into this century trend with the vibrant "Galaxy Age".

Netizens reported that it was difficult to unblock the mobile phone number after it was mistakenly blocked. Yunnan Provincial Public Security Department： Complaints can be made.

Netizens reported that it was difficult to unblock the mobile phone number after it was mistakenly blocked. Yunnan Provincial Public Security Department: Complaints can be made.

The picture shows the telephone number announced by Yunnan Provincial Public Security Bureau. screenshot

　　Kunming, Dec. 9 (Du Xiaoxiao)-Recently, the press office of the Yunnan Provincial Public Security Bureau announced that in the recent special crackdown on telecom network fraud, if there is a false seal, the public security organ will quickly identify the phone number and account number that was mistakenly shut down due to technical reasons after receiving the complaint and consultation call. If the public security organ is found to be inactive or passive, you can call "12389" to make a complaint.

　　Recently, some netizens posted on the local message board that their micro-signal was permanently sealed by WeChat official on October 14th. After understanding, they learned that it was requested by Yunnan public security authorities, and provided contact numbers of 0871-630543xx and multiple telephones of Pu ‘er Public Security Bureau. After many contacts, the phone could not be opened.

　　The netizen said that he works in Kunming and has never been to Myanmar. There is no violation of laws and regulations. The blocking of micro-signal has seriously affected his work and life. I hope the government can understand the situation as soon as possible and unblock the WeChat account.

　　In addition, some netizens on the Internet reported that their QQ, mobile phone number, Alipay and other social platforms and payment platforms could not be used normally.

　　The Information Office of the Yunnan Provincial Public Security Department responded on the 8 th that in view of the rampant telecommunication network fraud activities in the border areas of China and Myanmar, which seriously infringed on the property safety of the people, the Inter-Ministerial Joint Conference Office of the State Council on Combating New Crimes in Telecommunication Networks and the Yunnan Provincial Public Security Organs are organizing special crackdown actions, and decided to block and shut down suspected telecommunication network fraud calls, social and payment accounts such as QQ, WeChat, Alipay and POS machines in northern Myanmar and some areas where telecommunication network fraud activities are serious from October 14, 2019.

　　If the phone number is turned off by mistake, you can contact the anti-fraud center of the local public security bureau as soon as possible (area code +96110) or call the anti-fraud center of the Yunnan Provincial Public Security Bureau (0871-63054338); If QQ, WeChat, Alipay, POS and other social and payment accounts are closed by mistake, you can contact the workstations of the Ministry of Public Security in Pu ‘er, Dehong and Lincang, Yunnan.

　　The press office of the Yunnan Provincial Public Security Bureau said that if there is a false seal, the public security organ will quickly identify the phone number and account number that was mistakenly shut down due to technical reasons after receiving the complaint consultation phone number. If the public security organ is found to be inactive or passive, you can call "12389" to make a complaint.

Xiaomi Automobile officially appeared on the website of the Ministry of Industry and Information Technology, but everyone remained tight-lipped before Xiaomi Automobile Factory.

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　　Xiaomi automobile finally unveiled the veil.

　　On November 15, the Ministry of Industry and Information Technology announced the declared model information of Xiaomi Automobile. According to the public information, the trademark of Xiaomi automobile product is Xiaomi brand, which is a pure electric car, and the manufacturer isGroup off-road vehicle co., ltd.

　　The picture published on the website of the Ministry of Industry and Information Technology shows that the tail logo of Xiaomi car is "Beijing Xiaomi". In terms of overall dimensions, it is 4997mm long, 1963mm wide, 1455mm high and 3000mm wheelbase. In addition, Xiaomi automobile uses iron phosphate., the supplier isFoday under its banner; The engine comes from United Automotive Electronics Co., Ltd. and is driven by.The peak power is 220kW.

　　According to the configuration information, some models are provided with options.This also means that in terms of assisted driving, there will be differences according to different configurations, which are divided into two schemes: with and without.

　　As for the issue of "production qualification" concerned by the industry, according to the information published by the Ministry of Industry and Information Technology, the name of the enterprise is "Group Off-road Vehicle Co., Ltd.", the registered address is No.1 Tongxin Road, Zhaofeng Industrial Base, Zhaoquanying Town, Shunyi District, Beijing, and the production address is No.21 Courtyard, Huanjing Road, Beijing Economic and Technological Development Zone, which is the self-built factory of Xiaomi Automobile. An industry insider told Blue Whale Finance reporter that the use of Beiqi off-road vehicles for "production qualification" does not mean that Beiqi is OEM for BAIC Group. This statement is not accurate. According to the available information, the Xiaomi Automobile Factory announced this time is assembled by Xiaomi itself, but other processing and parts need to be analyzed after seeing the physical car.

　　On the same day, Blue Whale Finance reporter visited Xiaomi Automobile Factory. At about 3 pm, two security guards were on duty at the main entrance of the park to prevent irrelevant personnel from entering. In addition, several people were looking inward sporadically at the door. According to the security guards at the door, these people were waiting for their own docking people to pick them up, and they were not allowed to enter casually. At about 4 pm, a man in a suit walked out of Xiaomi Automobile Factory. One of the men said that they were talking with Xiaomi about cooperation in engineering. However, when Blue Whale Finance reporter asked about the news related to Xiaomi Automobile, the man picked it up obviously and said that he didn’t know all the news about Xiaomi Automobile, so don’t ask him. Not only that, but even the construction workers who are not the staff of Xiaomi Automobile nearby are silent about Xiaomi Automobile.

　　Since Lei Jun announced that Xiaomi had built a car, Xiaomi’s every move has been concerned by the outside world. Since October this year, the rumors about Xiaomi Automobile have been constant. The last time Xiaomi publicly responded to the news about Xiaomi Automobile was on October 25, when Xiaomi founder and CEO Lei Jun was in his personal life.The account said, "Xiaomi Automobile is progressing very smoothly at present, and it will be officially listed in the first half of next year, and will report to you when it is appropriate."

　　Combing the time sequence, on March 30, 2021, Xiaomi founder Lei Jun said in a public speech that in the next decade, Xiaomi will invest 10 billion US dollars to build cars, and Lei Jun will be personally responsible for the car-making business. In September 2021, Xiaomi Automobile Co., Ltd. was incorporated. On November 27th of the same year, the Management Committee of Beijing Economic and Technological Development Zone held a signing ceremony with Xiaomi Technology. With the signing of the Cooperation Agreement, Xiaomi Automobile was officially announced to settle in Beijing Economic Development Zone.

　　According to reports, Xiaomi Automobile Project will build Xiaomi Automobile Headquarters Base, Sales Headquarters and R&D Headquarters, and will build a vehicle factory with an annual output of 300,000 vehicles in two phases, of which the first and second phases will have a production capacity of 150,000 vehicles respectively. It is expected that the first car will be off the assembly line in 2024 and mass production will be realized.

　　"Realizing mass production in 2024" is a word that Xiaomi official and Lei Jun are talking about, which has also become the beginning of Xiaomi’s car making.

　　By the end of 2022, Xiaomi Automobile had applied for more than 400 patents involving autonomous driving, intelligent cockpit, charging device and power system.

　　Especially in terms of autonomous driving, Xiaomi has accumulated technology for many years and soon formed a very strong autonomous driving team.

　　In Lei Jun’s annual speech in 2022, Lei Jun said: "All sectors of the automobile industry are very complicated, among which non-automatic driving is the most complicated. At the same time, automatic driving is also the key point for the decisive victory of smart electric vehicles. Xiaomi’s car-making automatic driving will adopt full-stack self-developed algorithm to fully develop automatic driving technology, and the goal of automatic driving is to enter the first camp of the industry in 2024."

　　According to the data of Xiaomi’s financial report in the second quarter of 2023, in terms of R&D, Xiaomi’s R&D investment in the second quarter reached 4.6 billion yuan, a year-on-year increase of 21%, and the compound annual growth rate of R&D investment in the past six years reached 38.4%. It is estimated that Xiaomi’s R&D investment will exceed 100 billion yuan in 2023. It is worth mentioning that nearly 30% of the 4.6 billion yuan invested in R&D in the second quarter was used for the smart electric vehicle business.

　　Although Xiaomi has been extremely cautious about information disclosure since the official announcement of the car-making plan, the voices from all sides inside and outside Xiaomi can also roughly describe the progress of Xiaomi’s car-making.

　　In the conference call after the release of Xiaomi’s second-quarter earnings report, Lu Weibing, president of Xiaomi, mentioned in an interview that the actual investment of Xiaomi Automobile is even greater. Xiaomi is making the long-term layout of the automobile with the goal of entering the top five in the world in the future, doing full-stack self-research and building its own automobile factory, so the investment in cash flow is even higher than the disclosed figures.

　　"Xiaomi Automobile has just finished the summer test, and the progress has exceeded expectations, maintaining the mass production target in the first half of 2024 unchanged." Lu Weibing further stated.

　　In October 2023, at the launch conference of Xiaomi 澎湃 OS and Xiaomi 14 series new products, Lei Jun announced that the group strategy was officially upgraded to "the whole ecology of people and cars". The key core of this new strategy is Xiaomi 澎湃 OS, which is people-centered and organically integrates "the whole ecology of people, cars and homes". The system is not only suitable for mobile devices such as mobile phones, but also will be installed on Xiaomi cars. According to the PPT displayed at the press conference, Xiaomi will be equipped with a roof camera, through which people in the car can make video calls and other functions.

　　The arrow is on the string and has to be sent. With the gradual unveiling of Xiaomi Automobile, it will take time to prove whether Lei Jun can lead Xiaomi to win this battle.