March 28th, 2020 is the 10th anniversary celebration of Geely’s acquisition of Volvo. Nowadays, from the status, good achievements and influence of brands such as Geely, Volvo and Lectra, it is undoubtedly proved that Geely’s acquisition of Volvo cars was successful 10 years ago today, no matter from which dimension. In fact, the simplest clue can be seen from the platform and products after the acquisition, so let’s review the mainstream models of various brands in the past 10 years.

In fact, after Geely acquired Volvo, Geely did not take the practice of exhausting resources and fishing, but "two tracks in parallel", which is what Li Shufu said: "Geely is Geely and Volvo is Volvo." Therefore, Geely not only does not dig the wall, but also spends money to jointly develop new vehicle platforms with Volvo. After many years, let’s see what changes have taken place in Geely and Volvo.

In order to better sort out the product changes of various brands after the acquisition, we will review them in turn with a clear timeline, and at the same time, we will also take stock of the architecture platforms jointly developed. After all, these are the cornerstones of various new models. Next, we will see the changes of Volvo (Asia-Pacific) and Geely in the core models, as well as the model history of the brand-new brand Lectra.

After the acquisition, technology transfer and shared research and development have become the cornerstones of new models.

At that time, at the end of 2010, Volvo released a new 2.0GTDi engine+Powershift powershift powertrain, but the Volvo S40, which was manufactured by Ford Chongqing Factory, was still equipped with a 2.0L engine and a 6-speed powershift, and then the 2012 model was launched, so it was discontinued and delisted.

2011 Volvo S40 manufactured by Ford Chongqing Factory.

After the acquisition of Volvo, Geely Holding Group began to prepare for "technology transfer" and "shared R&D" between Geely Automobile and Volvo. Until the establishment of the European R&D Center and Gothenburg Modeling Center was officially announced in 2013, during this period, most of Geely Automobile’s cars were also delisted one after another, leaving only Emgrand cars as the main sales in the market.

However, "technology transfer" is not so easy. Even if Geely Group acquired and obtained 100% control of Volvo, as well as more than 10,000 patents and intellectual property rights, it could not be used. After all, Volvo was previously owned by Ford, and many technologies were jointly developed by Ford and Volvo, not to mention that the Group still wanted to use it for Geely Automobile. Therefore, on the one hand, Geely Automobile obtained technology transfer without "limited authorization", on the other hand, it established a joint R&D center with Volvo and embarked on the development road of learning Volvo technology by itself.

Therefore, since 2013, the following events have occurred:

February 20, 2013:Geely Holding Group announced the establishment of Geely Automobile European R&D Center and Gothenburg Modeling Center, integrating the superior resources of its Volvo Cars and Geely Cars, and building a new generation of basic module architecture CMA and related components to meet the future market demand of Volvo Cars and Geely Cars. It was put into trial operation in September of the same year.

Three technology transfers between Geely and Volvo Geely welcomes the third generation of products.

Event focus:GMC upgrade platform, air quality control and safety innovation technology

March 2013:Geely and Volvo reached a technology transfer. In August of the same year, Volvo transferred three technologies to Geely, including GMC upgrade platform, which is what we call a medium-sized car, and then the indoor air quality control system and GX7 safety innovation technology.

March 2013:Geely develops the third generation products based on KC platform extended by GMC.

KC concept car based on KC platform extended by GMC (production version is Borui) was released at the 2013 Shanghai Auto Show.

At the same time of technology transfer, Geely Automobile also began to develop its own third-generation products, and the first new car developed was Borui (internal code GC9). Borui is produced based on KC platform extended by GMC. The KC concept car was first released, and then the preview of the production model was released for the first time in September 2014, and the production car was released in mid-December of the same year, and it was announced as "Borui GC9", which was finally listed under the official name of "Borui" on April 9, 2015.

Borui’s appearance was not only designed by Peter Hobury, former vice president of Volvo Group, but also the chassis system was optimized by leannova, a supplier of chassis adjustment for Volvo. At the same time, the technologies such as urban pre-collision adaptive cruise and semi-automatic parking are also directly translated from Volvo.

Sweden establishes joint R&D center CEVT to develop CMA infrastructure module.

September 2013:Geely and Volvo set up a joint research and development center CEVT in Sweden

Event focus:The research and development of CMA infrastructure module has laid the foundation for the new models of Geely, Lectra and Volvo in the future.

Cevt (China Euro Vehicle Technology) is one of the four global R&D centers of Geely Automobile Group, located in Lindholmen Science Park in Gothenburg, Sweden, and is the headquarters of Lectra Engineering and Design Team.

CEVT gives full play to the advantages and resources of Geely and Volvo. At present, there are more than 2,000 outstanding automobile engineers from more than 20 countries, who are responsible for jointly developing CMA architecture and power system, as well as special basic theoretical research related to automobiles, including basic theories related to automobiles in the fields of mathematics, physics, chemistry, materials, voice interaction, active safety and air quality.

CMA architecture led by Volvo and jointly developed by Geely.

CMA modular platform:Led by Volvo Cars, Geely Automobile and Volvo Cars jointly developed a brand-new basic module architecture for mid-size cars. The platform has been developed in Geely Automobile European R&D Center (CEVT) for more than three years, and the wheelbase and length of cars can be adjusted according to the positioning of different models, covering the layout of small, compact and mid-size cars and the corresponding SUV products. In the future, a new generation of Volvo 40 series models will be born on this platform.

As an important part of vehicle development, powertrain is naturally the focus of CMA platform research. According to the news released at present, Volvo DRIVE-E series 2.0T engines and smaller displacement 1.5T engines, which have won the Top Ten Engine Awards of Ward for many times, will appear on the CMA platform. In addition, there will be plug-in hybrid and pure electric product planning in the future.

In addition to powertrain, CMA modular platform development mode will also directly enjoy the leading technology brought by Volvo, which has always been known for its safety technology, in the active and passive safety fields. Such functions as AEB active braking with pedestrian recognition function, driver fatigue reminder, and automatic far and near lights will all appear on CMA architecture models.

The road to the opening of new models under various brands

December 13th, 2013: After the acquisition, the first domestic Volvo model (S60L) was launched.

Official guide price: 269,900-384,900 yuan.

New car features:Geely’s first domestic Volvo model after its acquisition of Volvo has become larger in size and 80mm in wheelbase, and the whole system comes standard with urban safety system.

In 2010, Geely completed the acquisition of all the shares of Volvo cars, and Volvo S60L was the first domestic model owned by Geely. The domestic Volvo S60L, which was launched in 2013, has launched five models, and the official guide price is 269,900-384,900 yuan.

The domestic Volvo S60L continues the exterior modeling and interior design of the overseas version S60L, but the biggest difference lies in the change of body size. The length, width and height of S60L are 4715mm/1866mm/1481mm, and the wheelbase is 2776mm, which is 80mm higher than that of the overseas version S60L.

Domestic Volvo S60L also has rich active and passive safety configurations. The whole system comes standard with urban safety system, front double airbags, front side airbags, side collision protection, front head and neck protection, ASC pre-stabilization control system, dynamic stability control and traction control system, corner stabilization system, uphill auxiliary system and intelligent driver information system.

The 2.0T engine of domestic Volvo S60L is divided into two power versions, both of which are matched with the 6-speed automatic manual transmission. The maximum power of the low-power engine is 180Ps and the maximum torque is 300Nm；. The high-power engine has a maximum power of 213Ps and a maximum torque of 300Nm. In addition, none of the five models listed this time are equipped with all-wheel drive system.

November 9, 2014: Domestic Volvo XC60 went on the market.

Official guide price: 366,900-539,900 yuan.

New car features:Geely’s second domestically produced Volvo model after its acquisition of Volvo features original localization, high-standard workmanship and panoramic skylights as standard.

Volvo’s domestic XC60 basically maintains the appearance of the imported version, only adding the "Volvo Asia Pacific" logo at the tail. Surprisingly, the rim of the domestic XC60 is bigger than the imported version, and the top model is 20 inches, but the body size is exactly the same as the imported version, and the wheelbase of 2774mm has not been lengthened.

In terms of interior, the domestic XC60 also continues the interior layout of the imported version, which is also the center console design biased towards the driver’s seat side. Among them, the classic dashboard, small-size display screen and rich physical buttons have also been continued, especially the humanized air conditioning wind direction adjustment button at the bottom. It is worth mentioning that the domestic XC60 continues the high-level materials and workmanship of the imported version.

The panoramic sunroof is one of the highlights of the domestic XC60 (all standard), and it has gradually become a standard configuration in luxury brand SUV models. For improving the sense of space in the car, the panoramic sunroof is indeed unique.

In terms of power, the domestic XC60 is equipped with 2.0T four-cylinder and five-cylinder engines (T5) and 2.5T engine (T6). The Drive-E 2.0T four-cylinder engine has a maximum power of 180kW(245Ps) and a peak torque of 350Nm. It is equipped with an 8-speed automatic manual transmission and is a predecessor model. The 2.0T five-cylinder engine has a maximum power of 157kW(213Ps) and a peak torque of 300Nm, which is matched with a 6-speed automatic manual transmission and equipped with a full-time four-wheel drive system.

The 2.5T turbocharged inline five-cylinder engine of T6 model has a maximum power of 187kW(254Ps) and a peak torque of 360Nm, which is matched with a 6-speed automatic manual transmission. At the same time, it is equipped with a full-time four-wheel drive system and 4C active adaptive chassis.

April 9, 2015: Geely Borui went public.

Official guide price: 119,800-229,800 yuan.

New car features:After the acquisition of Volvo, Geely Automobile launched the first model, positioned the medium-sized car and the first model of Geely’s third-generation products, which laid the foundation for a brand-new family-style design and made Geely Automobile begin to change.

After completing the acquisition of Volvo and starting to "share technology" for more than two years, the "Geely Borui" developed and built was finally listed on the KC platform extended by the GMC platform of Volvo medium-sized car. The new car has launched a total of seven models with 1.8T, 2.4L and 3.5L engines, and the official guide price is 119.8-229.8 million yuan.

As a new series of medium-sized cars owned by Geely, Borui not only broke the traditional design concept of Geely at that time, but also laid the foundation for the latest family-style design of Geely in the future. Borui’s front face is designed with a "back-weave" front air intake grille, and the headlights on both sides match it with lenses. At the same time, the front bumper is also designed with fashionable willow grille on both sides, and the interior is equipped with circular fog lights.

Geely Borui’s body lines are stretched, and the slip-back design makes it look quite sporty. The length, width and height of the car body are 4956mm/1861mm/1513mm respectively, and the wheelbase is 2850 mm. The tail shape is also very plump. The tail light lines on both sides are connected with the waistline of the car body, and the bottom is the exhaust layout of two sides.

In terms of interior, Geely Borui’s interior design is simple and atmospheric. The center console of the new car is equipped with an 8-inch touch LCD screen, and the bottom is an air conditioning outlet and function buttons. The overall layout is also relatively clear and easy to operate. In addition, the new car is also equipped with orange ambience lights to highlight the luxury atmosphere of this new car.

In terms of configuration, Geely Borui comes standard with ABS+EBD, ESP electronic body stability system, front double airbags, electronic handbrake, automatic parking function, keyless entry, one-button start, dual-zone independent air conditioning and rear air outlet. Functions such as navigation system, seat heating, electric adjustment, 360 panoramic image, rear electric seat, HUD head-up display and adaptive cruise also appear on Geely Borui high-profile models.

In terms of power, Borui is equipped with 1.8T, 2.4L and 3.5L V6 engines, all of which are matched with the 6-speed automatic manual transmission. Among them, the maximum output power of 1.8T turbocharged engine is 163Ps and the peak torque is 250Nm；. The maximum output power of 2.4L naturally aspirated engine is 162Ps and the peak torque is 210Nm；. The maximum output power of the 3.5L V6 engine is 275Ps and the peak torque is 326Nm.

October 2015: NL-3 model was built under NL platform (named: Bo Yue).

NL platform is a platform specially developed by Geely Automobile to build SUVs. The earliest Global Hawk GX7 and long-range SUVs all came from this platform. In 2014, Geely launched a new compact SUV (internal code name NL-3) based on this platform, which is "Bo Yue" listed at the end of March 2016.

Since June 2014, the news of the model code-named Geely NL-3 has been exposed one after another. Until October 16, 2015, Geely officially named it "Bo Yue". The front face of the new car adopts a "back-weaving" style air intake grille similar to that of Geely Borui, the body adopts a hidden D-pillar design, the tail is decorated with chrome, and the taillights are internally equipped with LED light sources.

In terms of interior and configuration, Geely Bo Yue’s interior lines are smooth and elegant, equipped with multi-function steering wheel, center console touch screen, dual-temperature automatic air conditioning, cruise control, one-button start system and other configurations. In addition, the new car is also equipped with Geely’s new generation of in-vehicle information interconnection system, which is compatible with Apple CarPlay system.

In terms of power, Geely Bo Yue is expected to provide three engines: 1.8L, 1.8T and 2.4L The transmission system will match the manual or automatic gearbox, and it will also be equipped with a four-wheel drive system.

March 26th, 2016: Geely Bo Yue went public.

Official guide price: 98,800-157,800 yuan

New car features:The second model of the third generation product is produced in line with Borui, adopts the latest family-style design style, and has two engines of 2.0L and 1.8T

When Geely NL-3 was officially named "Bo Yue", it was officially listed in March 2016. The new car has launched a total of 10 models equipped with 2.0L and 1.8T engines. As Bo Yue belongs to the second model of Geely’s third-generation product (brand return), the first model is the previously released Borui. Therefore, Bo Yue also adopted Geely’s latest family-style design in design, and the rippling front face and personalized front bumper all incorporated the traditional elements of China.

The side of the car body also adopts a simple and fashionable design, and most of the lines are relatively straight. The lower edge of the window, the lower edge of the rear door and the chrome trim on the side all adopt a unified polyline style. The length, width and height of the car body are 4544mm/1831mm/1713mm respectively, and the wheelbase is 2670mm, which is a compact SUV.

The whole visual center of gravity at the rear of the car is high, and the rear windshield adopts inverted trapezoidal design, and the taillights, license plate frame, rear bumper trim and exhaust also adopt similar trapezoidal elements.

In terms of interior and configuration, Bo Yue’s interior also adopts the latest design style and layout. The curve above the center console comes from the lines of the West Lake Arch Bridge. The buttons and LCD screen below are concentrated in the center of the extremely simple decorative board, and the layout of the buttons around the shift lever is very regular. In terms of configuration, one-button lifting of four-door windows, Bluetooth telephone sound output on the driver’s seat, 12V power supply in the rear row and trunk, introducing air-conditioning cold air into the central armrest box and so on.

In terms of technology/safety configuration, Bo Yue is equipped with adaptive cruise, steep descent, front and rear radar systems, electronic handbrake, automatic parking, electronic stability control of car body and automatic headlights.

In terms of power, Bo Yue is equipped with two engines, 2.0L and 1.8T The maximum power of these two engines is 141 horsepower and 184 horsepower respectively. In terms of transmission, both 2.0L and 1.8T manual models are equipped with 6-speed manual transmission, while 1.8T automatic models are equipped with 6-speed automatic transmission. In addition, the four-wheel drive model is also equipped with NexTrac intelligent timely four-wheel drive system provided by Borg Warner.

September 20, 2016: Geely Emgrand GL, code-named FE-5, went public.

Official guide price: 7.88-11.38 million yuan.

New car features:Positioning higher than Emgrand, more refined design, more sporty style, wheelbase increased by 50mm compared with Emgrand, with 1.3T and 1.8L engines.

The FE platform is also a car platform independently developed by Geely Automobile, mainly to build Emgrand cars, but also to build long-term models. After Geely’s earliest low-end models such as King Kong and Freedom Ship were transformed into classic models, Emgrand cars became the main force of Geely, and then after the acquisition of Volvo, with the blessing of new technologies, Emgrand cars also developed stronger.

With the market segmentation, Geely has also developed a boutique car with a higher market positioning than Emgrand based on the FE platform. The internal code of this product is FE-5, and the official map and the name of the car "Emgrand GL" were officially released in June 2016, and then officially went on sale on September 20.

Geely’s brand-new compact sedan, Emgrand GL, launched a total of seven models with 1.3T and 1.8L engines, and there are 8 colors to choose from. The new car also adopts the latest family design, in which the shield-like air intake has a ripple grille inside, and the headlight group has a family of lenses inside and is connected with the front grille. In addition, the front bumper has also adopted a new shape, with "C"-shaped decorative strips on both sides and LED daytime running lights.

The design of the upper and lower double waistlines on the side of the car body brings more agility. The length, width and height of the car body are 4725mm/1802mm/1478mm respectively, and the wheelbase is 2700mm, in which the wheelbase is increased by 50mm compared with the Emgrand model. The tail has also adopted a new design style. The "duckling tail" design on the trunk lid enhances the layering of the tail, and the two sides of the inverted trapezoidal LED taillight are "cut off", which improves the recognition of the shape of the light group.

In terms of interior, Emgrand GL adopts the design of the cockpit surrounded by aviation, and the center console uses soft materials such as metal brushed decorative panels and imitation leather. The seat and door decorative panels also incorporate brown and black two-color color matching, which is matched with the double stitching technology of door panels and other places, creating a good interior texture. At the same time, the interior also incorporates more Chinese elements, such as the arc of the family-style arch bridge at the top of the center console, and the palindrome design at the handle switch in the door.

In terms of power, Emgrand GL is equipped with 1.3T and 1.8L engines, which are matched with 6-speed manual or 6-speed powershift. The maximum power of the engine is 129Ps and 133Ps respectively. In addition, the new car adopts the former McPherson suspension system and the rear torsion beam suspension system.

October 12, 2016: LYNK&CO brand release, Lectra 01 and LYNK concept car debut.

Lectra brand was officially released in Berlin, Germany. LYNK&CO (Chinese name: Link) is a new era high-end brand jointly established by Geely Holding Group, Geely Automobile Group and Volvo Cars. It integrates European technology, European design, global manufacturing and global sales, and is based on the CMA basic module architecture jointly developed by Geely Automobile and Volvo Cars.

LYNK&CO is a combination of two English words. LYNK means connection and interconnection, which represents the cooperative nature of the brand and the future development route of intelligent interconnection. It is expected to join the ranks of future mobile travel service providers. CO has no specific meaning, its meaning is to make the brand name more catchy, thus showing that the new brand is young and full of vitality.

LYNK&CO 01 concept car is positioned as a compact SUV model, which is built by Geely Automobile Gothenburg Modeling Center led by Peter Hobury, vice president of Geely Group, and its overall style is very fashionable. The large mouth air intake grille gives people a very layered feeling. At the same time, the headlight group adopts split design, in which the LED strip daytime running lights are very personalized, while the high beam and low beam lights are hidden on both sides of the grille, which makes the front face of the whole vehicle look more integrated.

In terms of interior, the new car adopts a 10-inch full LCD instrument panel with mechanical instrument combination design, and is equipped with interior atmosphere lights, 10.1-inch touch screen, electronic shift lever and other elements to increase the sense of technology. On the whole, the new car focuses on Nordic style, and the design is simple and fashionable.

In terms of power, the new car will be equipped with 1.5T three-cylinder and 2.0T four-cylinder engines matched with CMA platform, as well as hybrid system and pure electric system. In terms of transmission, it will be matched with a brand-new 7-speed dual-clutch gearbox. In addition, the new car will be equipped with a four-wheel drive system.

LYNK&CO LYNK concept car is a four-door coupe design product, but there is no plan for mass production in the future, it is just an attempt by designers for LYNK&CO brand.

The whole car looks very dynamic. The front face of the new car still uses a large mouth grille design, while the headlight group uses a more simplified LED light source. Compared with LYNK&CO 01 concept car, the new car has more muscular lines. The car body adopts a four-door style that tilts upwards, which looks very individual, and the taillight group adopts an integrated light belt design, which gives people a very fashionable feeling.

In terms of interior, LYNK concept car is even more exaggerated. The steering wheel with more sporty shape is equipped with a full LCD dashboard and a central control LCD screen, which gives people a more futuristic feeling. At the same time, the 2+2 type four seats also look very design-oriented.

December 15th, 2016: Volvo S90 long wheelbase version goes on sale (produced by Daqing factory).

Official guide price: 369,800-551,800 yuan.

New car features:Domestic version, 120mm longer wheelbase, equipped with 2.0T+8AT, and three-seat honorary version can realize in-car office.

Volvo S90′ s long wheelbase version is basically the same as that of imported models. Except the length is lengthened, the design keeps the original Nordic style. The family-style Raytheon Hammer LED headlights will be standard in all departments. At the same time, in order to cater to the preferences of Chinese people, the front bumper of the new car is designed with chrome decoration.

The biggest change of the new car is the body size. The Volvo S90 long wheelbase version has been extended by 120mm on the basis of S90, and all of it has been used to lengthen the wheelbase, which makes the body size of the new car reach 5083mm/1879mm/1450mm, and the wheelbase is increased to 3061mm, which has reached the current domestic standard of long wheelbase luxury medium and large cars.

In terms of interior, the Volvo S90 long wheelbase version continues the simple and fashionable Nordic atmosphere. The steering wheel and center console are the same as the imported version, and the rear space is significantly increased compared with the imported version. Among them, the T8 long wheelbase three-seat honorary edition model attaches great importance to the riding experience of rear passengers, and focuses on the concept of in-car office, canceling the co-pilot seat and providing very large riding space for rear passengers. In addition, the rear of the new car is also equipped with many in-car office facilities, including folding tables and computer stands, creating a luxurious office atmosphere.

In terms of power, the Volvo S90 long wheelbase version will be equipped with a 2.0T four-cylinder engine and provide three power options, all of which are matched with the 8-speed automatic manual transmission. The maximum power of T4 model is 211Ps；; The maximum power of T5 model is 282Ps；; The T8 model is equipped with a hybrid system with a maximum power of 413Ps and a peak torque of 400Nm, but the T8 version will be available in 2017 at the earliest.

April 16th, 2017: LYNK&CO released the Chinese brand name-LECK, LECK 01 released globally.

New car features:The first model of Lectra brand, based on CMA architecture, shows the design aesthetics, brand-new quality assurance service and brand-new sales model of Lectra production car.

CMA architecture

LYNK&CO brand officially announced its Chinese brand name as Lectra, and simultaneously released the first model-Lectra 01 quasi-production car, which is also the first time that the Lectra brand was released in China. The car will be produced in the road and bridge base of Geely Group in the future, and will be listed on November 28, and will enter the European and American markets in 2019.

The Lexus 01 quasi-production car released this time is based on the Lexus 01 concept car released in Berlin last year. The overall appearance design of the new car has not changed much. The large-mouth air intake is expected to be a Lexus family-style design, and the design of the "L-shaped" LED daytime running light inside the split headlights is inspired by the light of the Arctic.

The side of the new car maintains the design style of the previous concept car, and adopts a two-color body design. The black roof and silver decorative strips look very fashionable and unique. The new car is based on CMA (Compact Modular Architecture), and its wheelbase is 2730mm. It is worth mentioning that the CMA architecture is led by Volvo Cars and jointly developed by Geely Automobile and Volvo Cars. In the future, Volvo’s brand-new 40 family models will be born on this platform.

The tail line of the LECK 01 quasi-mass production car is very smooth and layered, and the taillights are also L-shaped, but the internal light group will be slightly adjusted. The shape of the rear bumper echoes that of the front bumper, and it is equipped with two exhaust ports on both sides.

In the interior design part, because the design of the Lectra 01 concept car itself is very close to mass production, the Lectra 01 quasi-mass production car will not bring too many changes, and it looks a little Nordic style and design sense as a whole, and adopts a 10.25-inch full LCD instrument, a 10.2-inch LCD screen, and integrates most functions, thus reducing physical buttons. The compact electronic shift lever is even more unique for the new car.

In terms of configuration, the new car will be equipped with 360 panoramic images, front collision warning, automatic braking, pedestrian recognition, ACC adaptive cruise, blind spot monitoring, reversing side assistance system, etc., and optional services will be provided in the future.

The new car is based on CMA modular architecture jointly developed by Geely and Volvo, so it can provide a variety of power systems, including 1.5T three-cylinder gasoline engine, 2.0T four-cylinder gasoline engine, hybrid system and pure electric system. In terms of transmission, the new car offers three transmissions: 6-speed manual transmission, 6-speed automatic transmission and 7-speed dual clutch transmission. In addition, the new car will be equipped with a four-wheel drive system in the future.

Warranty service:Lectra brand promise, the first model of Lectra 01 to be listed in the future and all models produced afterwards will enjoy lifetime warranty service and free road rescue service, and the traffic generated by the intelligent interconnection system on the new car will be free for life.

Sales channel:Linke gives priority to cooperate with Alibaba and Microsoft for online sales, and faces different markets around the world. This innovative sales model will bring consumers a unique car buying experience.

April 2017 (Shanghai Auto Show): Geely’s new MPV concept car was released.

Geely Automobile officially launched its brand-new MPV concept car at the 2017 Shanghai Auto Show. The new model adopted Geely’s brand-new family design style. A large number of straight lines are used in the whole vehicle, which makes the appearance of the whole vehicle more business and serious, and at the same time, the vertical space inside the vehicle will become more plentiful.

The new MPV concept car adopts a double-door design, and the front and rear doors can be opened at 90 degrees, which is convenient for members in the car to get on and off. At the same time, as a concept car, this car uses a huge central control display inside, which is full of technology.

In terms of interior, the whole vehicle looks simple, the instrument panel is designed with LCD, and a large LCD screen is also designed at the top of the central control. At the same time, the electronic gear is also the first time to appear on Geely models. In terms of seat layout, this model will use the 7-seat layout of "2+2+3", paying attention to the comfort of the second row of passengers.

August 4, 2017: Geely Volvo established two joint ventures.

Geely Holding Group and Volvo Car formally signed an agreement in Geely Hangzhou Bay R&D Center, and the two sides established a technology joint venture company. At the same time, the joint venture company of Lectra Auto was also announced, with Geely Automobile holding 50% shares, Volvo Car holding 30% shares and Geely Holding holding 20% shares.

With the formal establishment of the joint venture company, the two parties jointly develop new energy technologies through mutual authorization, power technology sharing and parts procurement. Volvo’s shareholding is a powerful endorsement of the brand, consolidating the positioning of high-end brands in the new era and helping the globalization process of the brand.

November 28th, 2017: Link 01 went public.

Official guide price: 15.08-19.88 million yuan.

New car features:Lectra’s first model, based on CMA architecture, compact SUV, providing a variety of styles and rich optional accessories.

Lectra 01 is based on the concept car, and adopts the family design style of Lectra. The front face is very unique, and the split headlight design is adopted. The LED daytime running lights raised on both sides of the front of the car are inspired by the light of the North Pole, while the main headlight group also uses all LED light sources, which are integrated with the front grille, which not only expands the horizontal visual effect, but also highlights the personality color, which is very unusual.

The body lines of the Lectra 01 stretch, and the two rising waistlines add vitality, while the D-pillar of the new car shows an obvious downward trend, which looks very fashionable. In terms of body size, its length, width and height are 4512mm/1856mm/1657mm respectively, and its wheelbase is 2734mm, so it is positioned as a compact SUV.

It is worth mentioning that LINK 01 will have four styles of "glamour, style, strength and purity" according to different lifestyles of consumers, and it will provide 12 wheels, 15 steering wheels, 7 colors of "Rainbow nightlight" and colorful decorative pieces to choose from.

The taillight shape is a highlight of the car, which is highly consistent with the concept car. The energy crystal design is adopted inside, and it is integrated with the English LOGO. It looks very exquisite and has high recognition after lighting. In addition, the Jin model also adopts the layout of leakage and exhaust from both sides alone, which further highlights the sporty temperament (other models are designed with hidden exhaust).

As for the interior, the Lectra 01 adopts the design that the center console is biased to the driver’s side. The large-size central control panel, control knob and control buttons are all concentrated in the central area, and the surrounding areas are wrapped in soft materials, which has significantly improved the texture.

In terms of configuration, the Lectra 01 is equipped with 10.25-inch full LCD instrument, three-spoke multi-function steering wheel, panoramic sunroof, electronic gear lever, CarPlay, CarLife, AQS air quality control system, active cabin cleaning function, dual-temperature automatic air conditioning, automatic parking, electronic handbrake, Start&Stop intelligent start-stop system, rear reversing radar, vehicle theft warning/tracking, starting restriction of stolen vehicles, pedestrians.

In terms of power system, LEEK 01 will be equipped with a VEP4 2.0T turbocharged engine from the Drive-E series, with a maximum power of 190 HP (140kW) and a peak torque of 300 Nm. Two-wheel drive and four-wheel drive models are available for selection, and the acceleration time of 0-100km/h is 7.7 seconds and 7.9 seconds respectively. In the future, the car will also launch a 1.5T three-cylinder engine with a maximum power of 179HP (132kW). In terms of transmission, the new car will match the 6-speed automatic and 7-speed dual-clutch gearboxes. In addition, on the chassis, the chassis flatness of the new car is very high, and the former McPherson plus the rear multi-link independent suspension combination is adopted.

December 20, 2017: A new generation of Volvo XC60 goes on sale.

Official guide price: 369,900-609,900 yuan.

New car features:The vehicle model is updated, the latest family design is adopted, the size is increased compared with the previous generation, the wheelbase is lengthened by 91mm, and the upgraded City Safety urban safety system is equipped.

Volvo’s new generation XC60 has launched a total of eight models with T4, T5 and T8 power. The whole vehicle design adopts the latest design language of Volvo family, the iconic Raytheon Hammer LED headlight group, and the large-size straight waterfall air intake grille shape, while the polygonal air intake shape and brand-new front bumper style under the front of the car are also more fashionable.

The side of the car body has a more three-dimensional design for the waist line, and the size is consistent with the overseas version, with the length, width and height of 4688mm/1902mm/1658mm and the wheelbase of 2865mm respectively. Compared with the previous generation, the length, width and wheelbase have all increased, and the wheelbase has been lengthened by 91mm. The rear of the car is highly similar to the V90, among which the latest Viking Tomahawk taillights are the most eye-catching and greatly enhance the recognition.

In terms of interior, the new generation XC60 has adopted a brand-new Nordic design style, and its overall interior layout is simple and clear, with large-area soft package materials and the use of wood decorative boards. The central control area is equipped with a three-spoke multi-function steering wheel, a full LCD instrument panel and a 9-inch touch screen. The air conditioning outlet originally located under the LCD screen was changed to a vertical outlet style, and it was placed on both sides of the LCD screen with a small number of control buttons.

In terms of configuration, the new car will provide 12.3-inch digital instrument panel, HUD head-up display system, active LED headlights, steering assist lights, 360-degree panoramic image, panoramic sunroof, B&W audio and indoor air quality control system according to different models in the future. In terms of safety configuration, the new car will be equipped with emergency avoidance assistance system, upgraded City Safety urban safety system (working range 4-200km/h) and lane departure assistance system.

In terms of power, the new generation XC60 provides three power levels: T4, T5 and T8, which are all matched with 8AT transmission. The engines correspond to 3 types: 2.0T single supercharged low power, 2.0T single supercharged high power and 2.0T double supercharged plug-in hybrid, with the maximum power of 190Ps, 254Ps and 407Ps respectively. Among them, the T4 model is front-wheel drive, and the other models are all four-wheel drive.

June 28, 2018: Link 02 went public.

Official guide price: 122,800-192,800 yuan.

New car features:Lectra’s second model, based on CMA architecture, crossover SUV, two personality styles, with 1.5T and 2.0T engines.

As the second brand-new model of Lectra, Lectra 02, like the first model Lectra 01, was born on CMA platform. The new car also adopts the family-style design style of Lectra, which is officially called "urban opposition aesthetics", especially its split headlight group. This iconic design has become one of the most important identification elements of Lectra brand. In addition, Linke 02 is also divided into several different design styles, and there are individual differences in details.

Lingke 02 is positioned as a crossover SUV, and its coupe style on the side of the car body is more fashionable and sporty, with the length, width and height of 4448mm/1890mm/1528mm and the wheelbase of 2702mm respectively, which belongs to a large compact SUV. Compared with the Lectra 01, the rear shape is flatter, and the overall style is more dynamic, and the internal structure of the taillight group is also more layered and recognizable.

In terms of interior, LECK 02 also continues the interior design and layout of LECK 01. Among them, the center console is designed to the driver’s side, but the air conditioning outlet, interior decoration cover and materials have been fine-tuned, and the visual presentation should be younger and more sporty. At the same time, the 10.25-inch central control panel integrated car system has also been upgraded and optimized on the Lectra 02, and a "classic" display theme has been added.

In terms of power, the Lectra 02 is equipped with a 1.5T inline three-cylinder engine jointly developed by Geely and Volvo, and a 2.0T four-cylinder turbocharged engine on the Volvo T4 model. The 1.5T three-cylinder engine has two versions with maximum power of 115kW(156Ps) and 132kW(180Ps), and the corresponding peak torques are 245Nm and 265Nm, respectively, which are matched with 6-speed manual and 7-speed powershift.

The 2.0T four-cylinder engine has a maximum power of 140kW(190Ps) and a peak torque of 300Nm, in which the two-wheel drive model matches the 6-speed automatic manual transmission, while the four-wheel drive model matches the 7-speed powershift. In addition, the four-wheel drive model also has four driving modes: economy, comfort, sports and off-road.

April 2018 (Beijing Auto Show): The Geely concept icon concept car was released.

At the 2018 Beijing Auto Show, Geely Automobile was listed at the 2018 Beijing Auto Show and officially released a brand-new concept icon concept car, which is a compact SUV model. Its brand-new and bold shape indicates the design direction and trend of Geely brand SUV models in the future.

The concept icon concept car is very avant-garde in shape and detail design, in which the front grille is a slender line and connected with the front LED daytime running lights. Under the front grille, the long air intake grille makes the new car look full of momentum. On both sides of the grille are LED headlights. Overall, the new car is more square.

The side of the car body is tough and individual, and the overall size is visually larger. The roof also adopts the popular suspended roof. The tail part adopts taillights arranged horizontally, which can echo the front face. The lower bumper adopts rectangular lines, and reflectors are designed on both sides.

In terms of interior and power, the new car is also very sci-fi. The central control part adopts a square steering wheel and a large-size multimedia screen, and the overall design is relatively simple. Power is expected to be equipped with a 1.5T turbocharged engine and a 1.5T engine +48V micro-mixing system, which is matched with the 7-speed powershift.

June 7, 2018: Volvo S90 E hybrid launch (PHEV model)

Official guide price: 1.088 million yuan

New car features:S90′ s top model is available in three-and four-seat versions, and the three-seat version eliminates the co-pilot seat, which can realize the office in the car and the fuel consumption per 100 kilometers is 2.3L

After the T5 model of domestic Volvo S90L goes on the market, the T8 plug-in hybrid version equipped with E-drive hybrid will not go on sale until 2018. Among them, the T8 Honorary Edition has launched two models, the three-seat version and the four-seat version, and the official guide price is 1.088 million yuan.

Volvo S90 T8 Three-Seat Honor Edition (Excellence) is a domestic long-wheelbase version, and its appearance does not have much exclusive design compared with S90 currently on sale. However, there is a hole in the interior of the car. In order to provide a more comfortable ride experience for the rear passengers, the car cancels the co-pilot seat and is equipped with many office facilities in the car, including folding tables and laptop brackets, creating a luxurious office style.

In terms of configuration, as a top model, it has many configurations on S90, such as City Safety Urban Safety Department, Intellisafe Driver Assistance, Intellisafe All-round Safety System, driver’s knee airbag, Orrefors crystal shift lever, front/rear seat heating, front/rear seat ventilation and massage, and Bowers & Wilkin sound system.

In terms of power, the S90 T8 model is equipped with a plug-in hybrid system consisting of a 2.0T dual-supercharged engine and an electric motor, which is matched with an 8-speed automatic manual transmission, and is also equipped with an intelligent four-wheel drive system. Among them, the comprehensive maximum power of this hybrid system is 300kW(408Ps), the comprehensive peak torque is 640Nm, and the comprehensive fuel consumption of 100 kilometers is 2.3L.

July 2018: Geely released a new BMA modular architecture.

The full name of BMA architecture is B-segment Modular Architecture, which is the latest basic modular architecture completely independently developed and designed by Geely in four years and conforms to international technical standards. Highly flexible and extensible, BMA architecture can cover SUV, car, CROSS model, wagon and MPV, and it is a modular architecture tailored for A0 to A+ models.

The difference between BMA architecture and CMA architecture is that the BMA architecture is completely independently developed and designed by Geely, but it also draws on the experience of developing CMA architecture in cooperation with Volvo in the past. The wheelbase expansion range of CMA architecture is 2650mm-2800mm, which is mainly compact (A-class, A+ class) and medium-sized car (B-class); The BMA architecture covers a wheelbase of 2550mm-2700mm, which is used for small (A0 class) and compact (A class).

Features and advantages of BMA architecture:

BMA architecture is highly flexible and extensible, which makes up for the vacancy of CMA architecture for A0 and A-class vehicles.

BMA architecture is a good hand to build the driving space in the car, which can guarantee the largest riding space in the same class;

BMA architecture pays more attention to safety, with the application of high-strength steel for car body exceeding 70% and hot-formed steel exceeding 20%;

BMA architecture has taken the lead in realizing the industry-leading L2 autopilot function, and more advanced technology configurations and technologies;

BMA architecture greatly improves the quality and efficiency, which can reduce the cost and make the price of the car more affordable.

BMA architecture can take into account more models, and the power system can also carry 1.0T, 1.4T and 1.5T engines and new energy power such as PHEV, HEV and 48V MHEV. In addition, in the future, BMA architecture will gradually replace the original B-class platform KC, SUV platform NL, A-class platform FE and MPV exclusive platform of Geely Automobile.

July 27, 2018: Link 01 PHEV went on the market.

Official guide price: 192,700-222,700 yuan

New car features:Lectra’s first new energy vehicle, a new energy vehicle based on fuel vehicle upgrade, a 1.5T plug-in hybrid, and a fuel consumption of 1.7L per 100 kilometers.

Lectra 01 PHEV is the first new energy vehicle owned by Lectra. Because it is upgraded based on the fuel version, it is also built on the CMA modular platform, and it is basically the same as the fuel vehicle in appearance and interior design, but the details are fine-tuned. The LEICK 01 PHEV not only allowed LEICK brand to enter the new energy market, but also announced LEICK’s more powerful service system in the new energy field.

The biggest difference between Lectra 01 PHEV and Lectra 01 is that the left front fender of Lectra 01 PHEV is designed with a charging interface, but its shape is not abrupt, which does not break the sense of coordination of the car. At the same time, the "PHEV" logo was added at the rear of the car. In the interior, a PHEV nameplate is added to the silver decorative strip above the glove box, and all the leather stitches in the car are also designed in blue, thus highlighting the unique charm of new energy.

In terms of power, the Lectra 01 PHEV is equipped with a plug-in hybrid system with CMA architecture, which is a driving mode composed of a 1.5T inline three-cylinder engine and motor. Among them, the comprehensive maximum power of the system is 256Ps, and the capacity of the power battery is 9kWh. The comprehensive maximum cruising range of the new car can reach 992km, the pure electric cruising range is 51km, and the acceleration time of 0-100km/h is 7.3s, and the comprehensive fuel consumption is 1.7L L.

August 30, 2018: Geely Binrui went public.

Official guide price: 79,800-11,080 yuan

New car features:The first car product under BMA framework, entry compact car, 1.0T and 1.4T engines.

After developing a brand-new BMA platform, Geely also developed the first car and SUV based on this platform, in which the internal code of the car is A06 and it is positioned as a compact car. The first preview was exposed on May 24th, 2018. Then it went on sale at the end of August, and launched a total of 7 models equipped with 1.0T and 1.4T engines. The official guide price was 7.98-11.08 million yuan.

Geely Binrui is also Geely’s latest family-style design style, in which the front face is a family-style ripple grille, which is integrated with the headlights on both sides, and the top model is equipped with a full LED light group. The shape of the front enclosure is also quite sporty, and the large black grille creates the visual effect of the sports car.

The side of the car body adopts a strong sporty design, thanks to the sharp waistline and the slip-back roof line. The length, width and height of the car body are slightly 4680mm/1785mm/1460mm, and the wheelbase is 2670 mm. It is a standard compact car with a size between Emgrand and Emgrand GL.

In terms of interior and configuration, Binrui adopted the latest family-style design. It is equipped with keyless entry/one-button start, exterior rearview mirror heating, 10.25-inch central control panel, automatic air conditioning, PM2.5 monitoring and purification system, electric heating of front seats, wireless charging of mobile phones, car body stability control, tire temperature and tire pressure monitoring, electronic handbrake with automatic parking, intelligent far and near light control, automatic emergency rescue E-CALL, pre-collision system with pedestrian identification function, etc.

In terms of power, Binrui is equipped with two turbocharged engines, 1.0T and 1.4T T. Among them, the 1.0T in-cylinder direct injection engine has a maximum power of 100kW(136Ps) and a maximum torque of 205N·m, which is matched with the 6-speed DCT transmission of Gertrak 2.0 generation, and the fuel consumption per 100 kilometers is 4.9L. The 1.4T engine is matched with Bang Qi 8-CVT transmission, with maximum power of 98kW(133Ps), maximum torque of 215N·m and fuel consumption of 5.7L per 100 kilometers.

October 19, 2018: Link 03 went public.

Official guide price: 116,800-166,800 yuan.

New car features:Lectra’s first car, built on CMA architecture and equipped with 1.5T and 2.0T engines, became the sales growth point of Lectra in 2019.

As the first car of the Lectra brand, Lectra 03 also placed great hopes on it. At the same time, in order to strengthen the sports genes of this car, it chose to hold a listing conference at the track at the foot of Mount Fuji in Japan on October 19, 2018. Subsequently, the Lectra 03 did live up to expectations. In 2019, the sales volume reached about 50,000 vehicles, and it became the sales responsibility of the Lectra family at the end of 2019.

Link 03 is listed on the track at the foot of Mount Fuji in Japan.

When the Lectra 03 was launched in 2018, only six models with 1.5T engines were launched, and then two 2.0T models were added at the 2019 Shanghai Auto Show, which laid the foundation for the 03+ performance cars to be launched later and for participating in the WTCR RV World Cup and winning the championship.

Lingke 03 also continues the family-style design language on Lingke 01 and Lingke 02, because it is a car product, so the whole is more avant-garde, novel and bold. In particular, the family’s double-layer front face design has become more coordinated, and the split headlights and the upper LED daytime running lights are still personalized.

From the side of the car body, the center of gravity is very low, and the tough lines outline the sense of force. At the same time, the silver chrome trim from the A-pillar along the roof to the rear windshield side also breaks the specific point. The length, width and height of the car body are 4639mm/1840mm/1460mm, respectively, and the wheelbase is 2730mm, which belongs to a large compact car. In addition to the family taillights, the rear tail, the huge dynamic enclosure at the bottom and the diffuser all show a full sense of movement.

In terms of interior, LECK 03 completely continues the interior design and layout of LECK 02, and the materials and workmanship are equally advanced and exquisite. The integration of the 10.2-inch central control panel and the center console is very good, and it leans to the driver’s side, and also provides more practical physical buttons. In order to strengthen the sense of movement, a seat with integrated headrest and backrest is also adopted, which also has good wrapping.

In terms of power, the Lectra 03 is equipped with two turbocharged engines, 1.5T three-cylinder and 2.0T four-cylinder. The 1.5T three-cylinder engine is divided into high and low power versions, and matched with 6-speed manual and 7-speed powershift. The maximum power of the engine is 115kW(156Ps) and 132kW(180Ps) respectively, and the peak torque ratio is 245Nm and 265Nm.

The 2.0T four-cylinder engine has a maximum power of 140kW(190Ps) and a peak torque of 300Nm, and only matches the 6-speed automatic manual transmission. Lectra 03 are all front-wheel drive models, and are equipped with front McPherson and rear multi-link independent suspension systems.

October 31, 2018: Geely Binyue went public.

Official guide price: 7.88-11.88 million yuan

New car features:The first SUV under the BMA platform, positioned as a high-end small SUV, provides a sports version, has a more dynamic shape, takes 1.0T and 1.5T three-cylinder engines, and adds 1.4T four-cylinder models this year.

After developing a brand-new BMA platform, Geely also developed the first car and SUV based on this platform. The internal code of SUV is SX11, and it is positioned as a small SUV. The first news exposure was in April 2018, and then the official name of "Binyue" was announced in August, and the official map of the sports version was announced.

In the end of October, it was officially launched for sale, and a total of five models equipped with two three-cylinder engines, 1.0T and 1.5T, were launched. The official guide price was 7.88-118,800 yuan. Subsequently, in early November, a new model, 260T 7DCT Ranger, was put on the market for 108,800 yuan. In June 2019. The light mixed version of MHEV has also been listed one after another, selling for 129,800 yuan. In addition, at the beginning of 2020, the declaration map of the new 1.4T four-cylinder engine model was also exposed.

Binyue is a brand-new small SUV launched by Geely Automobile. The new car is based on BMA architecture and focuses on young consumers. Different from Geely’s small SUV before, Binyue not only has a more sense of design, but also gives people a more advanced overall appearance. It is no longer just an entry-level SUV, but its positioning is higher.

In addition to the family-style mid-net shape, Binyue’s front enclosure shape is not the same as the previous Geely SUV. The length, width and height of the car body are 4330mm/1800mm/1609mm respectively, and the wheelbase is 2600mm, which is relatively large in a small SUV. The rear shape of the sports version is more exaggerated, especially the spoiler at the top and the exhaust from both sides.

In terms of interior and configuration, Binyue adopted a simple interior design and layout without losing the sense of technology, and the interior materials also had better performance than the same level. The center console used soft materials and was decorated with brushed aluminum panels. The central control panel integrates the latest GKUI intelligent ecosystem and T-BOX remote control system, and is also equipped with ICC intelligent navigation system, APA automatic parking, AEB city pre-collision system, AEB-P pedestrian identification and protection system, panoramic image, LDW lane departure warning, BSD blind spot monitoring, etc.

In terms of power, Binyue is equipped with two three-cylinder turbocharged engines, 1.0T and 1.5t.. Among them, the 1.0T engine has a maximum power of 100kW(136Ps) and a peak torque of 205Nm, and is only equipped with a 6-speed manual transmission. The maximum power of 1.5T engine is 130kW(177Ps), and the peak torque is 255Nm, which matches the 7-speed powershift.

In addition, the new model to be launched this year is equipped with a 1.4T four-cylinder turbocharged engine with model JLB-4G14TB, with a maximum power of 141Ps.

March 11, 2019: Geely Jiaji went public.

Official guide price: 998-215,800 yuan.

New car features:MPV, latest family design, fuel/hybrid/plug-in models, 6-seat and 7-seat layouts, and 7-seat layouts.

Geely Jiaji is the final production version of the new MPV concept car released at the 2017 Shanghai Auto Show. When the new car went on the market, a total of 11 models equipped with 1.5T, 1.8T turbocharged, 1.5T+48V light hybrid and 1.5T plug-in hybrid were launched, including new energy vehicles of PHEV, and the official guide price was 9.98-215,800 yuan.

As the MPV model of Geely Automobile, Jiaji also adopts the latest family design concept of Geely, and the front grille of Xinghe palindrome matches the ribs on the engine compartment cover to create a more fierce front face shape. The headlight group is angular, supplemented by four light arc LED daytime running lights, and the visual effect is dynamic and sharp.

The body lines are very smooth and the shape is stable and atmospheric. The straight waistline extends backwards from the front of the front door to the top of the taillight group. At the same time, it also adopts a suspended roof, and chrome trim is also matched at the top and bottom. The rear of the car is focused on a triangular taillight group, and the internal light source is composed of a plurality of LED strip. The plug-in hybrid version adds a PHEV exclusive logo to the front fender, and adds a charging interface on the left side, while the fuel filler is on the right side.

For the interior, Geely Jiaji center console adopts the embracing design named Full-Vison, and is equipped with a three-spoke multi-function steering wheel, a 12.3-inch floating central control LCD screen and 72-color streamer atmosphere lights. In addition, the new car also provides three seat layouts: 6 seats of "2+2+2", 7 seats of "2+2+3" and "2+3+2".

In terms of power, Geely Jiaji provides three power models: 1.5TD+48V light hybrid, 1.5TD plug-in hybrid and 1.8TD. Among them, the 1.5TD+48V light-mixed vehicle has a maximum power of 140kW(190Ps) and a maximum torque of 300Nm, which is matched with the wet 7-speed powershift, and its comprehensive fuel consumption is 5.9L.

The PHEV plug-in hybrid vehicle is equipped with a plug-in hybrid system consisting of a 1.5TD engine, an electric motor and a ternary lithium battery pack with a capacity of 11.3kWh, which is also matched with the 7-speed wet powershift. The comprehensive maximum power of this system is 258Ps, the peak torque is 385Nm, and the comprehensive fuel consumption is 1.6L/100km. The fuel model is equipped with a 1.8TD turbocharged engine with a maximum power of 135kW(184Ps) and a peak torque of 300 Nm, which is matched with a 6-speed automatic manual transmission.

May 10, 2019: Geely Xingyue went public.

Official guide price: 135,800-216,800 yuan.

New car features:Based on CMA architecture, the first coupe SUV, more dynamic design style, normal version and sports version, and fuel+new energy vehicle.

Under the CMA platform, Geely also developed the first brand-new sports coupe SUV with internal code name FY11. In mid-October 2018, it released the declaration map of the car, and then in 2019, the information of sports models was exposed one after another. Then on February 22, it also announced "Xingyue", which was officially listed on May 10, and launched 11 models, covering the fuel version.

The name "Xingyue" comes from an asteroid in the main belt whose orbit lies between Mars and Jupiter. This asteroid was officially discovered by the astronomical team under Geely at Lijiang Observatory of Yunnan Observatory of Chinese Academy of Sciences, and has passed the certification of the International Astronomical Union (IAU). Geely gave the name of asteroid to the new car, which also implied a never-ending spirit of exploration.

Geely Xingyue offers two exterior styles, namely "normal version" and "sports version", both of which adopt the body design of coupe SUV. Among them, the medium net with ripple shape is flatter than other SUVs, and the high-profile models are also equipped with matrix LED headlights with adaptive function from Valeo.

The coupe design is the biggest feature and highlight of the side of the car body, and the drag coefficient of the whole car is as low as 0.325Cd. The length, width and height of the car body are 4605mm/1878mm/1643mm respectively, and the wheelbase is 2700mm, which belongs to a large compact SUV. The rear of the car is full and layered, and the sports version is also equipped with a layout of four outlets on both sides, while the regular version is a layout of two outlets on both sides.

As for the interior, the overall instrument panel of Xingyue adopts asymmetric design, and the embedded large-size central control panel is slightly inclined to the driver’s seat, and is connected with the instrument panel through irregular decorative strips, showing a unique visual effect of connecting screens. The center console in front of the co-pilot adopts a patchwork laminated design, with black painted decorative boards and chrome-plated elements intertwined, and the shape is three-dimensional and avant-garde.

In terms of configuration, Geely Xingyue will be equipped with AGS intelligent variable air intake grille, Borgwarner timely four-wheel drive system, DP-EPS electronic steering, and provide ejection mode, thus enhancing the driving passion of more consumers, and shifting paddles with five driving modes such as sports, snow and off-road, which will provide users with a more interesting sports driving experience.

In terms of power, Xingyue provides the power of 2.0T fuel, 1.5T+48V micro-hybrid and 1.5T+ plug-in hybrid motor. The fuel version of the 2.0T engine has a maximum power of 175kW(238Ps) and a peak torque of 350Nm, which is matched with the 8-speed automatic manual transmission. The 1.5T engine of 48V micro-hybrid (MHEV) vehicle has a maximum power of 130kW(177Ps) and a peak torque of 255Nm, which matches the 7-speed powershift.

The plug-in hybrid version (PHEV) is equipped with a hybrid system consisting of 1.5T engine and motor components, which matches the 7-speed powershift. The maximum comprehensive power of this hybrid system is 190kW(180Ps) and the comprehensive peak torque is 415Nm. The cruising range of 56km and 80km can be achieved in pure electric mode, and the comprehensive fuel consumption per 100 km is 1.6L and 1.2L respectively.

May 24th, 2019: Volvo XC40 goes on the market.

Official guide price: 264,800-385,800 yuan.

New car features:Compact SUV, based on CMA architecture, with the same size as the imported version, providing three power levels, and equipped with City Safety urban safety system.

The domestic Volvo XC40 is a brand-new luxury compact SUV based on CMA architecture, and has launched a total of seven models with three kinds of power. The new car continues the appearance of imported models and remains a simple Nordic style. Polygonal front grille, Raytheon hammer daytime running lights and L-shaped taillights are Volvo’s new family designs.

It is worth mentioning that the body size of the domestic version of XC40 is exactly the same as that of the imported version, with the same length, width and height of 4425mm/1863mm/1652mm and the wheelbase of 2702mm.

In terms of interior, the domestic version of XC40 also adopts a relatively simple interior design, and continues the configuration of some imported models. Such as 12.3-inch full LCD instrument panel, panoramic sunroof, keyless entry, one-button start, etc. For Volvo, the advanced driver assistance system will not be absent, and the City Safety urban safety system can also improve the active safety of this car and reduce the driver’s pressure.

In terms of power, the domestic version of XC40 provides T3, T4 and T5 power levels, all of which are matched with the 8-speed automatic manual transmission, and there are two-wheel drive and four-wheel drive models to choose from. The T3 model is equipped with a 1.5T three-cylinder engine, with a maximum power of 163Ps and a peak torque of 265Nm.

The T4 model is equipped with a 2.0T engine with low power adjustment, with a maximum power of 190Ps and a peak torque of 300Nm；. The most powerful T5 model is equipped with a 2.0T engine with high power adjustment, with a maximum power of 252Ps and a peak torque of 350Nm.

September 5, 2019: Linke 02 PHEV and Linke 03 PHEV were listed.

Subsidized price: Linke 02 PHEV sells for 16.97-19.97 million yuan; Lingke 03 PHEV sells for 16.87-19.87 million yuan.

New car features:New energy vehicle based on fuel vehicle upgrade, featuring 1.5T plug-in hybrid, 1.7L fuel consumption per 100 kilometers, and providing rich optional configuration.

After the launch of the LEEK 01 PHEV plug-in hybrid vehicle, in order to expand LEEK’s models in the field of new energy vehicles, LEEK 02 and LEEK 03 PHEV models were also launched simultaneously at the Chengdu Auto Show in 2019. Among them, there are 3 models of LEICK 02 PHEV, and the price after comprehensive subsidy is 16.97-19.97 million yuan; There are 3 models of LEICK 03 PHEV, and the price after comprehensive subsidy is 16.87-19.87 million yuan.

Because the PHEV models of Lectra are all upgraded based on the fuel version, they are also born in CMA architecture, and the shape, interior and detail design are consistent with those of fuel vehicles. The difference is that PHEV can provide more optional configurations.

Lectra 02 PHEV and Lectra 03 PHEV both provide a variety of wheel hub styles, exterior rearview mirror camera, side window/rear windshield green glass, ACC adaptive cruise, front parking camera and radar, two-color body, sunroof, front and rear surrounding decorative panels, side surrounding decorative panels and other optional accessories.

In terms of power, both the Lectra 02 PHEV and the Lectra 03 PHEV are equipped with a plug-in hybrid system consisting of a 1.5T engine and a battery, in which the maximum power of the engine is 179Ps, the combined maximum power of the system is 256Ps and the capacity of the power battery is 9kWh. The combined maximum cruising range of these two models can reach 992km, and the pure electric cruising range is 51km. In addition, the acceleration time per 100 kilometers of the Lectra 03 PHEV is 7.3s, and the comprehensive fuel consumption is 1.7L.

December 6, 2019: Link 05 was released.

New car features:Lectra’s second coupe SUV, based on CMA architecture, with more sporty details, provides high-performance models.

On December 5th, 2019, LECK officially launched its brand-new model-LECK 05 in China. This is a cross-border compact SUV that combines Coupe and SUV design elements, and it is also based on CMA architecture. At the same time, it will shoulder the heavy responsibility of the sales growth of Lectra with the subsequent launch of Lectra 06.

Link 05 also continues the family-style aesthetic design concept of urban opposition, and has made breakthroughs and changes in details. Among them, the penetrating air intake grille plays a visual effect of further stretching the width of the front of the car, and the headlights are still in a split shape. The design of the internal "L-shaped" LED daytime running lights is inspired by the light of the Arctic.

The design style of the coupe is the biggest feature of the Lexus 05. At the same time, in order to reduce the heavy feeling of SUV models, the roof is also designed in a suspended manner, and the C-pillar part is designed with diversion details. The length, width and height of the car body are 4592mm/1879mm/1628mm respectively, and the wheelbase is 2734 mm.

The visual center of gravity of the rear is in the taillight group, and the inner part creates a sense of concentration through the progressive light group. The outward expansion design on both sides of the bumper is conducive to further increasing the lateral width of the rear vision and reducing the visual center of gravity.

As for the interior, the overall interior of Lectra 05 takes polygons as design elements, focusing on the young style with a sense of science and technology. Like other Lectra models, there is a large central control panel in front of the center console, but the difference is that there are many physical buttons in front of and around the handlebar. In addition, in order to enhance the sense of movement, the new car will be equipped with steering wheel shift paddles, integrated sports seats and four adjustable driving modes.

In terms of power, the Lectra 05 will be equipped with a 1.5T three-cylinder or 2.0T four-cylinder turbocharged engine with maximum power of 180Ps and 190Ps； respectively; At the same time, a plug-in hybrid system (PHEV) with a 1.5T three-cylinder engine will be launched.

The Lectra 05 is also expected to launch a high-performance version like the Lectra 03+, and will be equipped with a 2.0TD high-power engine from Volvo, matched with an 8-speed automatic manual transmission and equipped with a four-wheel Drive-E system. The maximum power of the engine is 254Ps, the peak torque is 350Nm, and the maximum speed can reach 230 km/h.

August 2, 2019: LinkedIn 03+ went public.

Official guide price: 185,800-228,800 yuan.

New car features:Link’s first performance car, the first performance car of China brand, sports kit blessing, 2.0T+8AT+ four-wheel drive, and 100-kilometer acceleration of 5.9s

Lingke participated in WTCR RV World Cup and won the annual championship.

Although the Lectra 03+ is only a performance version of the Lectra 03, it really pioneered the performance car of China brand. Also in 2019, Lectra participated in the WTCR RV World Cup and won the annual championship, becoming the first China brand team to win the annual world championship in international competitions, and also won the championship of Lectra 03 TCR, which made Lectra 03+, a performance car positioned as a "small steel gun", attract the attention of many young people.

As a performance version of the Lectra 03, Lectra 03+ provides a wealth of customized options based on the sporty design scheme of Lectra 03 Jin/Jin Pro, including all-carbon fiber aerodynamic kit (including front lip and side skirt), all-carbon fiber large rear spoiler, 19-inch close-spoke forged wheel rim, panoramic sunroof, front tower top reinforcement connector (top bar) and so on.

It is worth mentioning that, after the optional installation of the aerodynamic kit and the large rear spoiler, the downforce of the Lectra 03+ at the maximum speed is increased from 11kg to 40kg, which greatly improves the handling stability at high speed.

As for the interior, the interior of LECK 03+ also continues the design and layout of LECK 03, but the color scheme of Gao Fancha has brought a stronger visual impact. In addition to the original high-end configuration such as full LCD instrument panel, central control large screen, electronic gear handle and electronic handbrake, Linke 03+ also provides an integrated sports seat with electric adjustment, and a sports cockpit (including steering wheel, door panel, seat, center console, etc.) wrapped in Alcantara material can be installed optionally.

In terms of power, the Lectra 03+ is equipped with Geely JLH-4G20TDC/Volvo B4204T23 2.0T inline four-cylinder engine, which is matched with the 8-speed automatic manual transmission, and is also equipped with Borgwarner intelligent four-wheel drive system. Among them, the engine has a maximum power of 254Ps and a peak torque of 350Nm, and it is mounted on all Volvo T5 power models currently on sale. In terms of performance, the 0-100km/h acceleration time of the Lectra 03+ is 5.9 seconds, while the 100km/h braking distance is 34 m..

November 22, 2019: Linke 01 HEV went on the market.

Official guide price: 182,800 yuan

New car features:Lectra’s first hybrid car, derivative car of 01, more aurora green decoration, 1.5T Miller cycle engine and motor, and fuel consumption of 4.8L

Following the PHEV plug-in hybrid model, Lectra introduced the HEV hybrid model based on 01, which is also a derivative model of 01, enriching the selection of Lectra 01 models. Only one model was launched at the 2019 Guangzhou Auto Show, and the official guide price was 182,800 yuan.

Because it is based on the upgrade of Lectra 01, the shape of Lectra 01 HEV is the same as the fuel version, but the difference is that the body is decorated with brand-new aurora green, which has high recognition. At the same time, the 19-inch rim is also treated with contrast color. The logo of "01 HEV" was also posted on the right side of the rear of the car.

In terms of interior, the Lectra 01 HEV continues the interior design and layout of Lectra 01, and is also equipped with 10.25-inch full LCD instrument, 10.25-inch central control display screen, 360-degree panoramic image system, adaptive cruise, active braking system, blind spot monitoring, Harman Infinity Hi-Fi audio and so on.

In terms of power, the Lectra 01 HEV is equipped with a 1.5T Miller cycle engine, and the battery is in the middle layout, which matches the 7-speed DCT transmission. The comprehensive maximum power of the system is 145kW(197Ps), the peak torque is 355Nm, and the comprehensive fuel consumption per 100 kilometers is 4.8L.

December 12, 2019: The new third-generation Volvo S60 went on sale.

Official guide price: 285,900-461,900 yuan.

New car features:Third-generation vehicle, based on SPA architecture, with two exterior styles, wheelbase of 2872mm, City Safety system as standard, and four power systems.

Sports version model

The third-generation Volvo S60 has launched seven models with different configurations. The official guide price is 28.69-46.19 million yuan, and it provides two exterior styles. The wheelbase is lengthened to 2872mm, and the rear space has also been improved. In addition, the technology configuration and intelligence have also been greatly improved compared with the previous generation models.

The new generation S60 adopts Volvo’s latest family-style design language, in which the three-dimensional and exquisite front grille, the front LED headlight group with Raytheon’s hammer daytime running lights and the three-stage front bumper with distinct layers are the most iconic designs, which not only make the whole vehicle look younger, but also greatly improve the recognition. In addition, S60 will also provide two design styles of "Deluxe Edition" and "Sport Edition" according to different models.

Deluxe model

Among them, the front grille of the "Deluxe Edition" has a straight waterfall design, and a large number of chrome-plated decorations are used in the details. At the same time, there are chrome-plated frames at the periphery of fog lights on both sides of the front bumper to enhance the texture; On the other hand, the interior of the front grille of the "Sports Edition" model is all black, while the area of the air inlets on both sides has been reduced, and chrome trim strips have been cancelled. At the same time, black trim strips have been added to the details of the front bumper to further enhance the sporty atmosphere.

As a replacement model, the body size of the new generation Volvo S60 has also been upgraded, with the length, width and height of 4761mm/1850mm/1437mm and the wheelbase of 2872mm, reaching the mainstream level of luxury medium-sized cars, but still slightly smaller than the long-wheelbase models of German BBA. In addition, the new car will provide six colors to choose from, namely crystal white pearl paint, agate black metallic paint, maple brown metallic paint, cowboy blue metallic paint, sea salt gray metallic paint and lava red metallic paint.

The shape of the rear of the car is also layered and continues Volvo’s design features. The shape of the Raytheon Hammer LED taillight group similar to S90 is the most eye-catching, but the visual center of the whole rear of the car is on the upper side. Together with the chrome-plated scheduling layout with two sides at the bottom, it highlights the sense of movement of the whole car. It is worth mentioning that there is not much difference in the rear design between the luxury version and the sports version. In addition, the new car will also provide 18/18/19 three sizes and five styles of wheels to choose from.

In terms of interior, the new generation S60 also adopts Volvo family-style minimalist design style and layout, which is highly similar to XC60 as a whole. Three of them are multi-functional. Well, the steering wheel, 12.3-inch full LCD instrument panel and 8-inch central control panel highlight the sense of science and technology. At the same time, a large number of soft materials are used inside, which is very good in both visual feeling and touch, and the details are also very exquisite.

In terms of configuration, the new generation S60 is also equipped with electric panoramic sunroof, integrated double-sided exhaust pipes, rain-sensing automatic wiper, AquaBlade spray wiper, Volvo On Call on-board butler (including 3-year service and remote vehicle control) Bluetooth hands-free entertainment system, Apple Carplay system, voice control, Harman Kardon audio, 360-degree panoramic camera, keyless entry and hands-free trunk opening.

In terms of safety, the new generation S60 comes standard with road deviation prevention system, intelligent avoidance of opposite vehicles, lane keeping assistance, fatigue warning system, TPMS tire pressure monitoring system, DSTC dynamic stability and traction control system, HLA uphill assistance system, safety protection system, cage safety body, front double airbags, front side airbags, front and rear air curtains, WHIPS front head and neck protection system and road deviation protection system. In addition, some models are equipped with rear parking assist system, front and rear parking assist system, reversing image, 360 panoramic camera and automatic parking system.

In terms of power, the new generation S60 provides four power levels to choose from, and it is divided into fuel version and plug-in hybrid version, which is matched with 8-speed automatic manual transmission and 8-speed automatic transmission. The fuel versions are all 2.0T turbocharged engines, but they are divided into T3, T4 and T5 versions according to different parameters. The maximum power of T3 version is 163Ps and the peak torque is 265N·m；; The maximum power and peak torque of T4 are 190Ps and 300N·m；, respectively. The T5 version has a maximum power of 250Ps and a peak torque of 350 N m..

The plug-in hybrid system (PHEV) is composed of a 2.0T turbocharged engine and a motor lock, and is called version T8. The combined maximum power of this system is 390Ps, and the peak torque reaches 640 N m.. It is worth mentioning that the T3, T4 and T5 versions are all front-wheel drive models, while the T8 version is a four-wheel drive model. In addition, the whole system adopts front double wishbone and rear multi-link independent suspension system.

February 24th, 2020: Geely ICON went public.

Official guide price: 115,800-128,800 yuan.

New car features:Personalized modeling, richer intelligent technology, more advanced powertrain and higher quality show the design trend of Geely’s future SUV.

Geely ICON is the first brand-new model launched by Geely Automobile in 2020. Its market position is compact SUV, and it can also be regarded as the production version of the previous CONCEPT ICON concept car, and it adopts the latest design concept and personalized color, which is greatly different from all previous models of Geely.

Geely ICON has launched a total of four models, and the official guide price is 11.58-12.88 million yuan. As a production version, although the whole vehicle model continues the design of the concept car, it has made more practical adjustments in details. Among them, the front grille design is made up of a number of "Hui" characters stacked in turn, which is similar to an hourglass in vision. The headlight group has a slender shape, and at the same time, it is equipped with two circular light sources arranged vertically on both sides, and the whole fog lamp area is concave.

The side of the car body is a square shape with a more tough style. The outline of the car body lines and the design of the D-pillar window are very personalized. The length, width and height are 4350mm/1810mm/1615mm respectively, and the wheelbase is 2640mm. The shape of the rear of the car echoes the front face, and the "back" design is split, in which the taillight group adopts horizontal design, and the internal structure is still integrated with the "back" element.

In terms of interior, the layout of Geely ICON interior is as full of personality as its appearance, and it adopts the same style design and two-color collocation. Among them, the most eye-catching ones are the independent 10.25-inch full LCD instrument and 10.25-inch floating central control panel (equipped with the latest generation GKUI 19 intelligent vehicle system). At the same time, a large number of "time symbols" design elements have been added to the air conditioning air outlet, the handle area and the door handles on both sides of the car door to highlight its sense of science and technology.

In terms of power, in addition to the 1.5T turbocharged engine, Geely ICON is also equipped with a 1.5T engine +48V micro-mixing system, which is matched with Junyu 7-speed powershift. The maximum power of the 1.5T engine is 130kW(177Ps) and the peak torque is 255Nm；. The 48V micro-mixing system can also bring an additional 10kW of power and 45Nm of torque. It is reported that the new car’s comprehensive fuel consumption per 100 kilometers is 5.7L, and the acceleration time per 100 kilometers is 7.9s.

The launch of Geely ICON also indicates that Geely Automobile has a more detailed compact SUV market. With its more personalized appearance, rich technology configuration, more advanced powertrain and higher quality, the car will compete with brand-new models of competing products such as Haval F7, Changan CS75 PLUS and MG HS.

Full text summary:In fact, from the perspective of architecture and new models, the original "two-track parallel" approach was very successful. Geely went from KC platform derived from GMC to CMA basic module platform led by Volvo and participated by Geely, and then to BMA and DMA platforms independently developed by Geely. It can be said that after embarking on the road of modularization, Geely’s product line has ten cars from A0 to C series.

At this point, Geely has a multi-dimensional and multi-level brand matrix, and its product line is getting thicker and thicker. Compared with the sales volume of 410,000 Geely Automobile in 2010, the sales volume has increased to 1.36 million by 2019, and it has become the leader of domestic automobile brands. Under the CMA framework, the brand-new brand leader has also suddenly moved to the young and sporty high-end market.

As for Volvo’s "blood transfusion" after its acquisition, the product side continued its own SPA architecture, and also launched new products based on CMA architecture. Looking back at Volvo’s global sales of 370,000 vehicles in 2010, it has grown to more than 700,000 vehicles by 2019.

Judging from the launch of new products and sales performance, Geely has proved that it makes good use of financial investment to achieve its strategic goals. At the same time, Geely also proved its ability to stick to long-term planning and achieve long-term strategic goals.

　　[Technology] is a very representative brand in China, especially the launch of electric and hybrid vehicles has put a halo of "technological innovation" on this enterprise from the battery industry, and the recent popularity of Tang is another masterpiece in the field of new energy. As a plug-in type, it emphasizes energy saving and promotes its powerful acceleration performance. Presumably, BYD’s positioning for Tang is not just about commuting and buying food. In this case, it is necessary for us to pay attention to the chassis structure of Tang and see if this pair of chassis can hold such fierce power.

Overview of overall chassis layout of BYD Tang;

● Front suspension: the structure has not changed

　　Whether BYD fans can accept it or not, it is clear that BYD engineers have always "loved" Japanese brands, especially. Take BYD’s SUV model as an example. S7 (hereinafter referred to as’ S6′ and’ S7′) obviously "borrowed" from the second-generation RX model in terms of shape design and chassis structure. Will Tang derived from these two models change this situation? Judging from our disassembly, Tang’s front suspension is still loyal to Toyota’s design.

　　In some details of the front chassis, Tang and BYD’s previous works are also very similar. It should be said that this chassis structure is very mature. For BYD engineers, all they need to do is to optimize and adjust some characteristics of Tang.

　　Generally speaking, BYD Tang’s front chassis does not have much innovation, and the overall structure basically follows the previous S6 and S7 models, obviously showing the shadow of Toyota. However, due to Tang’s particularity in powertrain and power output, BYD engineers optimized some details according to its characteristics. Although there is still a gap between this and the complete "autonomy" in many people’s minds, the advantage is that the cost of development and production can be effectively controlled, thus bringing affordable prices. At least at this stage, although we don’t agree, we can recognize this practice.

　　[car home new car listed] On May 18th, 2023 Great Wall commercial gun was officially listed in Guangzhou.The price range is 998-142,800 yuan..There are slight changes in the design of the new car, and more competitive configurations have been added.

●　New car characteristics

　　In terms of appearance, the 2023 commercial version of the China Net has become more sporty. It adopts a large-area V-shaped mesh matrix design, adding more sporty flavor while maintaining a simple outline. The larger and more domineering China Net and the new headlights are integrated, and the visual effect is sharper. The huge gun-specific LOGO can be regarded as the finishing touch. The shape of the front enclosure has also changed, and the new design is more capable. The overall profile of the side and tail remains unchanged, and the highlight is that the taillights have been replaced with a new "L-shaped" design.

　　In terms of interior, the new model adopts smart floating screen design, and the configuration of 12.3-inch large screen is more mainstream. In addition, the new car is equipped with a new generation of intelligent car networking, which supports AI intelligent voice, vehicle remote control, FOTA wireless upgrade, online map, smart parking and other functions, and is convenient in technology. You can also send and receive WeChat, brush Tik Tok, K songs, etc., with rich entertainment functions. In terms of other configurations, does the new car have key entry+one-button start, automatic parking, electric sunroof and automatic headlights. The new car comes standard with roll cage, outer rope hook, container treasure and metal chassis guard.

　　In terms of power, the new car provides a 2.0T gasoline engine and a 2.0T diesel engine. The maximum power of the 2.0T gasoline engine is 190 HP and the peak torque is 360 Nm. The 2.0T diesel engine has a maximum power of 163 HP and a peak torque of 400 Nm. In terms of gearbox, it is matched with 6-speed manual or 8-speed automatic gearbox.

● Background introduction

　　(|) was officially unveiled in 2019. It is divided into three series: commercial version, passenger version and off-road version, which provide diesel and gasoline power respectively. Different series of vehicles have obvious positioning differences and face completely different user groups. Since the launch of the new car, it has always had quite good sales results.

●　rival

Domain Tiger 9

"Ruiqi 6"

　　At present, among the pickup trucks sold in China, there are many models that compete with the global version of the Great Wall Gun. For example, the models such as Domain Tiger 9, Ruiqi 6 and Navarra are competitors of the Great Wall Gun, and they all have quite good strength and good user reputation. Compared with rivals, the advantage of the Great Wall Gun lies in the richness of its configuration.

● Full text summary

　　The development of pickup truck market in recent years is quite bright, manufacturers pay more and more attention to individual users, and more and more new pickup trucks have fun and personality attributes. However, as the basic disk, the commercial direction is still the most worthy of deep cultivation. The 2023 Great Wall commercial gun has given us many surprises. The small adjustment in appearance is enough, the configuration has become richer and more mainstream, and the competitiveness has been significantly improved. As for the price, it’s left to everyone to judge. Do you think the price of the 2023 Great Wall commercial gun is appropriate? Welcome to comment and express your thoughts. (Text/car home Wang Ziping)

On September 28 th, the first big version of OTA upgrade was ushered in. At present, OS 5.0 officially started to push in batches. This upgrade covers 34 new functions, 72 experience optimizations and 43 ECU upgrades, realizing intelligent driving and intelligent cockpit. Full-dimensional upgrade.

According to the official, Extreme X OS 5.0 provides the most complete parking solution, eliminating the embarrassing situation that users have difficulty parking and getting on and off in the parking space. After the upgrade of OS 5.0, Krypton X will realize two functions: APA automatic parking assistance and DOW door opening warning. With the optimized intelligent voice control in Nakajima, it can greatly improve the safety and convenience of driving and parking.

IT House noted that the updated polar krypton X will also support ALC lane change, BSD blind zone warning, LCA automatic lane change warning assistance, CMSR backward collision mitigation, PEB low-speed reversing emergency braking, FCTA front lateral traffic assistance, RCTA rear lateral traffic assistance and many other intelligent driving functions, covering various driving scenarios.

Extreme Krypton X OS 5.0 upgrades the intelligent interaction and intelligent cockpit in an all-round way, adding face recognition unlocking function and rich intelligent scene interaction, so that users can enjoy the convenience of technology. In addition, krypton X activated the new OMS intelligent cockpit sensing system.

In terms of intelligent cockpit, Krypton X adds a rest mode, sentry mode, car camera, game projection screen, instrument map display, and triple temperature control island refrigerator to realize delayed power off and remote control.

At present, the cumulative delivery of krypton X has exceeded 10,000 vehicles, of which female users account for 70%.

　　On May 30th, local time, British telecom operator EE and Huawei officially opened the first commercial 5G signal in the UK.

　　It is understood that this 5G commercial release covers six major cities in the UK, and about 450,000 EE users have registered applications for upgrading 5G. EE’s business hall in London had a long queue on the morning of the 30 th and could not wait to experience the 5 G network. According to the released test data, even in the busiest areas, users can experience the network speed of 100~150Mbps, which is achieved when EE only has the C-Band 40MHz spectrum.

　　After about 450,000 EE users registered to upgrade the 5G network, the British Broadcasting Corporation (BBC) conducted a live news broadcast based on the 5G network. Rory Cellan-Jones, a well-known BBC technical reporter, used a 5G terminal to broadcast the historical moment when Britain entered the 5G era. This is also the first live TV broadcast based on commercial 5G network in the UK.

　　It is understood that this commercial release of EE has eliminated concerns that Huawei’s blockade by the United States may delay the arrival of 5G in Europe. Marc Allera, CEO of EE, said: "There is a lot of news about security at present. Our 5G release is provided by multiple suppliers, and Huawei is an indispensable part."

　　It is understood that EE, together with other British operators, continues to use Huawei equipment in its wireless access network.

　　With regard to the commercial launch of 5G in the UK, Ben Wood, an analyst with CCS Insight, said: "Many critics believe that Europe is lagging behind in 5G, but it is more important to realize that the first commercial launch of 5G, including EE, will come before the launch in China and Japan and will not lag behind South Korea. From now on, 5G will advance at full speed in the UK. "

　　EE will build a network at the rate of more than hundreds of 5G sites every month, and complete the deployment of 1500 5G sites in 2019, adding 5G coverage in 10 cities. It is understood that EE’s 5G network is mainly deployed by Huawei’s Massive MIMO equipment. Huawei’s 5G Massive MIMO is currently ahead of the industry in terms of performance and engineering capabilities, and there is no alternative competitive product. At the same time, for indoor scenes such as football fields and shopping malls, EE will also use Huawei’s 5G indoor digital system (DIS).

　　In addition to EE, Vodafone, another British operator, will also launch 5G services within five weeks. According to a Vodafone spokesperson, the construction of Vodafone’s 5G network also uses Huawei’s 5G equipment.

　　The Paper reporter Ling Zhou

　　Today’s disk

　　The market bottomed out all day,Leading the gains, the intraday session once hit a new low in the year. As of the close,It rose by 0.48%, Shenzhen Component Index rose by 0.4%, and Growth Enterprise Market Index rose by 0.65%.

　　On the disk, satellite navigation concept stocks continued to erupt in the afternoon.、、Wait for the daily limit The automobile industry chain is active,Leading the way,、、、Wait for nearly 10 daily limit.

　　AI concept stocks rebounded at the end of the session, led by CPO.Daily limit Power stocks fluctuated and rebounded,Daily limit In terms of decline, photovoltaics and lithium mines, etc.Track stocks were once in adjustment.、It fell more than 5%.

　　On the whole, stocks rose more and fell less, with more than 2,700 stocks in the two cities rising. The turnover of Shanghai and Shenzhen stock markets today was 842.5 billion, a decrease of 31.2 billion compared with the previous trading day.

　　In terms of sectors, satellite navigation, integrated die casting and liquid-cooled servers were among the top gainers, followed by coal, real estate and BC., cement and other sectors were among the top losers.

　　Market outlook

　　As the economic data continues to improve, the heavy policy will continue to be blessed, and the yield of superimposed US bonds will fall. The RMB exchange rate is expected to stabilize and market sentiment will be gradually restored.

　　Huijin entered the market and central enterprises intensively increased their holdings.With the help of many forces, investors’ confidence will gradually increase. At present, in the bottom area of the market where A shares are located, the staged opportunities outweigh the risks, waiting for the market to repair and rebound.

　　Strategic direction: 1) Water conservancy infrastructure. Trillion national debtSuperimposed domestic economic data is good, which is good for procyclical sectors such as water conservancy infrastructure and building materials; 2) Science and technology sector. The technology sector represented by Huawei’s industrial chain is still the main investment direction of the market.Marginal improvement, high-end manufacturing with industrial support logic, communication computing power,Equipment and other sub-areas.

　　Plate prospect

　　Short-term opportunities:

　　：beThe official unveiling of the National Data Bureau, an important driving force for development, marks the opening of the first national public platform., authorization, the whole process of circulation transactions, to promote the flow of data elements in the national platform. Under the favorable catalysis of multiple policies, the overall market size of data elements is expected to usher in rapid growth.

　　Medium and long-term opportunities:

　　Huawei cooperation

　　Huawei’s technological innovations in the fields of smart phones and empowered autonomous driving are expected to drive its relatedThe automobile industry chain is developing in a more competitive direction.

　　(1) Huawei’s mobile phones: Huawei aims to ship 60-70 million smart phones in 2024. At present, the orders of relevant suppliers are full, and the market outlook is expected to drive demand recovery;

　　(2): With the deep empowerment of Huawei, the new car M7 is equipped with Huawei HarmonyOS Intelligent Cockpit 3.0, HUAWEIADS2.0 Advanced Intelligent Driving System, HUAWEIDriveONE Extended Range Electric Drive Platform and other black technologies. A number of cooperative models such as Huawei, Chery and Jianghuai will be launched soon, and the prosperity of Huawei’s empowered automobile industry chain will continue to rise;

　　(3) Huawei HarmonyOS: At present, there are more than 700 million ecological smart devices in HarmonyOS, and the ecology continues to prosper. The PC terminal is expected to become the next "main battlefield" of HarmonyOS’s ecology, with an important foundation in technology and ecology, which is expected to further open up the long-term growth space of HarmonyOS.

　　traditional Chinese medicine

　　Traditional Chinese medicine industry has unique disease prevention and control attributes, industrial value and cultural attributes. Under the general environment of policy support and gradual improvement of national recognition, the industry is accelerating its growth and the market scale is expanding steadily.

　　At present, the Chinese medicine industry is shifting from policy-driven to "policy+performance", and the new cycle of "policy-innovation-product-performance" will be gradually realized in the future.

　　In the secondary market, the valuation of the Chinese medicine sector has been fully adjusted, and the performance of individual stocks has continued to grow steadily, and the future development prospects of the industry continue to be optimistic.

　　Hot spot focusing

　　one、The network capacity has increased tenfold, and the 5G "upgraded version" has come?

　　After more than four years of commercialization, the development speed of the 5G industry is unprecedented. At the 2023 China 5G Development Conference held recently, Zhang Yunming, Vice Minister of the Ministry of Industry and Information Technology, said that it is necessary to lay out 5G-A technology research, standard development and product development in a forward-looking way, accelerate the evolution and commercial deployment of 5G lightweight (RedCap) technology, continue to carry out testing and verification of 5G new technologies, and accelerate industrial maturity.

　　Chen Jie, vice mayor of Shanghai, also said that Shanghai will speed up the pilot deployment of 5G-A network and accelerate the development of 10Gigabit households. By 2026, it will become one of the cities with the fastest network speed, the most comprehensive coverage and the lowest delay in the world, and take the lead in entering the ranks of the global dual 10Gigabit cities.

　　2、China’s liquid-cooled servers achieve "explosive growth"

　　existDriven by the computing power demand brought by the upsurge, the liquid-cooled server market achieved "explosive growth" in the first half of this year.

　　According to the latest report released by International Data Corporation (IDC), the liquid-cooled server market in China will continue to grow rapidly in 2023. In the first half of 2023, the market scale of liquid-cooled servers in China reached US$ 660 million, up by 283.3% year-on-year, and it is expected to reach US$ 1.51 billion in 2023.

　　IDC predicts that the compound annual growth rate of China liquid-cooled server market will reach 54.7% from 2022 to 2027, and the market scale will reach 8.9 billion US dollars in 2027.

　　3、Asked about the popularity of the new M7: 5,000 units were "blindly ordered" in 17 days, and the car delivery was scheduled for February next year.

　　On October 25th, AITO released the latest "blind subscription" report card of M9, which has exceeded 15,000 units so far. This achievement is only 17 days after Yu Chengdong, chairman of Huawei’s smart car solution BU, said that "10,450 orders were blindly booked and 8,040 orders were accumulated".

　　Suotong Development: It is planned to invest in the establishment of carbon communication technology.

　　On August 18th, () announced that in order to practice the concept of "low-carbon smart manufacturing" and promote the industrial application of scientific research results, the company plans to set up a wholly-owned subsidiary, Carbontone Technology (Beijing) Co., Ltd. (tentative name, final name subject to the approval and registration of the industrial and commercial registration authority, "Carbontone Technology") with its own funds of RMB 100 million.

　　The company’s investment in the establishment of Carbon Communication Technology is an important measure to implement the coordinated development strategy of industrial chain under the trend of "carbon neutrality in peak carbon dioxide emissions", which has important strategic significance for the company’s future development. After the establishment of Tantong Technology, it will devote itself to the R&D and application promotion of low-carbon and sustainable development technologies in electrolytic aluminum industry, further strengthen the company’s R&D strength through independent research and development, school-enterprise cooperation, exclusive authorization, joint venture mergers and acquisitions, etc., and provide comprehensive solutions for the low-carbon sustainable development of customers in electrolytic aluminum industry, and continuously enhance the company’s core competitiveness and profitability.

　　The recent average cost of Suotong Development is 21.86 yuan, and the stock price runs below the cost. In the bull market, the upward trend has slowed down, and you can do high throwing and low sucking in moderation. In the past five days, the stock has had a large outflow of funds. According to statistics, in the past 10 days, the main force has concentrated a certain amount of chips, showing a moderate control state. The company’s operating conditions are acceptable, and most institutions believe that the long-term investment value of the stock is high, so investors can pay more attention to it.

　　Meierya: Supervisor Hao Liming resigned.

　　() Announcement, the board of supervisors of the company recently received Hao Liming’s resignation report. Hao Liming applied to resign as a supervisor of the 11th Board of Supervisors of the Company for personal reasons. After resigning, Hao Liming no longer holds any other positions in the company.

　　Wu Xuequn, the controlling shareholder of Taoli Bread, pledged 14.7 million shares.

　　() Announcement. Recently, the company received a notice from Mr. Wu Xuequn, one of the controlling shareholders and actual controllers. Mr. Wu Xuequn has gone through the procedures of releasing the equity pledge of some of the company’s shares, and this time, 14.7 million shares were released, accounting for 1.54% of the company’s total share capital.

　　The controlling shareholder of Hesheng Silicon Industry released 28.3 million shares and pledged 44.3 million shares.

　　() Announcement: Ningbo Hesheng Group Co., Ltd. (hereinafter referred to as "Hesheng Group"), the controlling shareholder of the company, handles the share pledge and pledge cancellation business. This time, 44.3 million shares were pledged and 28.3 million shares were pledged.

　　The controlling shareholder of Xianghe Industrial and its concerted parties have reduced their holdings by 2.21% and their shareholding reduction expires.

　　() Announcement was issued. As of August 17th, when the time interval for this reduction expires, the controlling shareholder Tang Youqian and his concerted actions reduced their holdings by a total of 5,426,100 shares, accounting for 2.21% of the company’s total share capital.

　　Directors Tang Zichang and Luo Xiaochuan of Qin ‘an Co., Ltd. plan to reduce their holdings by no more than 2.325 million shares.

　　() Announced that the directors of the company, Tang Zichang and Luo Xiaochuan, intend to reduce their holdings of the company’s shares through centralized bidding and block trading. The reduction period is within 180 days (September 9, 2021-March 8, 2022) after 15 trading days from the date of the announcement of this reduction plan. The total reduction is no more than 2.325 million shares, accounting for 0.5299% of the total shares of the company.

　　Li Yonghe, director of Sanjiang Shopping, resigned.

　　() Announced that the company recently received a written resignation application from Mr. Li Yonghe, the director. For personal reasons, Mr. Li Yonghe applied to resign as a director of the fifth board of directors and a member of the corresponding special committee of the board of directors. After his resignation, Mr. Li Yonghe no longer held any position in the company.

　　China Nuclear Construction: China Cinda intends to reduce its shareholding by no more than 2%.

　　() On the evening of August 18th, it was announced that China Xinda Asset Management Co., Ltd., the shareholder holding 11.67% of the shares, plans to reduce its holdings by centralized bidding within six months after 15 trading days, that is, it will not exceed 2% of the company’s total share capital.

　　Hanjian Heshan plans to spend 100 million yuan to set up a subsidiary, Heshan Environmental Extension Industrial Chain Layout.

　　() Announcement, the company will set up a wholly-owned subsidiary Hanjian Heshan (Hebei) Environmental Treatment Co., Ltd. (tentatively named "Heshan Environment") with a registered capital of 100 million yuan. The establishment of a wholly-owned subsidiary, Heshan Environment, is based on expanding environmental protection business, extending the layout of the company’s industrial chain and improving the company’s operating performance requirements.

　　Huihong Group and its subsidiaries have received a total government subsidy of 26.2755 million yuan.

　　() Announcement: The Company and its subsidiaries have received various government subsidies totaling RMB 26,275,500 (unaudited) from July 16, 2021 to August 17, 2021.

　　The subsidiary of Jiangxi-Guangdong Expressway won the right to use a plot in Jiujiang for 70,889,500 yuan.

　　() Announced that on August 17th, 2021, Jiangxi Ganyue Industrial Development Co., Ltd. (hereinafter referred to as Industrial Development Company), a wholly-owned subsidiary of the company, successfully won the plot with plot number DGA2021007 in Jiujiang City at a unit price of 7.06 million yuan/mu.

　　The plot, with a total area of 10.041 mu, is located on the north side of Zhanqian Road and the west side of Expressway in Lianxi District, Jiujiang City. The land use is for the comprehensive station of refueling, gas filling and charging, and the plot is commercial. The total auction price of this plot is RMB 70,889,460.

　　Dingdian Software plans to acquire more than 51% equity of Shanghai Furong Financial Information Service Company for no more than 10 million yuan.

　　() Announcement: On August 18, 2021, the company signed an intentional investment agreement with Shanghai Furong Financial Information Service Co., Ltd. and its controlling shareholder, and plans to invest in the target company with its own funds, including but not limited to equity transfer and capital increase, with a total investment of no more than 10 million. It is estimated that after the completion of this investment, the company’s shareholding ratio will be no less than 51%, and the company will become the controlling shareholder of the target company.

　　Before this investment, the shareholding structure of the target company was: Crystal’s over-investment ratio was 80.1%, and Shanghai Danrui Investment Management Co., Ltd.’ s investment ratio was 19.9%.

　　The announcement shows that after the completion of this investment, the target company, as a major of Vertex Software, will be committed to providing investment research, overall data integration and integrated research business support software products and information services for financial institutions such as brokers, funds and asset management.

　　Colin Electric: The concerted action of the controlling shareholder intends to reduce its shareholding by no more than 2.38%.

　　() On the evening of August 18th, it was announced that Li Yanru and Dong Caihong, the concerted actions of the company’s controlling shareholders, planned to reduce their holdings by no more than 2,832,500 shares and 1,025,500 shares within six months after 15 trading days, respectively, with the reduction ratio not exceeding 1.7462% and 0.6322% of the company’s total share capital.

　　Xin Qi Wei Zhuang: Director Li Yamin resigned and Zhao Lingyun was nominated as a director candidate.

　　Recently, Li Yamin, a director of the company, submitted a written resignation report to the board of directors, requesting to resign as a director of the company and a member of the audit committee under the board of directors for personal reasons, and his resignation report will take effect from the date of delivery to the board of directors.

　　According to the announcement, on August 18th, 2021, the board of directors of the company deliberated and passed the Proposal on By-election of Non-independent Directors of the First Board of Directors of the company, and agreed to elect Zhao Lingyun as the candidate of the first board of directors of the company, with the term of office from the date of deliberation and approval by the shareholders’ meeting to the date of expiration of the term of office of the first board of directors of the company. The proposal still needs to be submitted to the shareholders’ meeting for consideration.

　　Wang Zhitao, director of Chunzhong Technology, and others intend to reduce their holdings by no more than 2,803,600 shares.

　　() It is announced that Tianjin Sihao Enterprise Management Consulting Center (Limited Partnership), the shareholder of the company, plans to reduce its holdings by no more than 2,739,900 shares (including directors, supervisors and senior executives indirectly holding shares: Mr. Wang Zhitao, Mr. Hu Chen, Mr. Fu Leiming, Mr. Kong Lingshu and Mr. Sun Chao) within six months after three trading days from the disclosure date of this announcement, accounting for about the current company.

　　Mr. Wang Zhitao, the director of the company, plans to reduce his indirect shareholding in Tianjin Chunde Enterprise Management Consulting Center (Limited Partnership) by centralized bidding in the trading system of Shanghai Stock Exchange within six months after 15 trading days from the disclosure of this announcement, accounting for about 0.0341% of the company’s current total share capital.

　　The total number of shares to be reduced by the above-mentioned reduction entities shall not exceed 2,803,600 shares, accounting for 1.5028% of the company’s total share capital, and the reduction price shall be determined according to the market price.

　　* The shares of the company held by Chengxing Group, the controlling shareholder of ST Chengxing, are waiting to be frozen.

　　() Announcement was issued. On August 18th, 2021, the company received the Notice on Judicial Freeze and Judicial Transfer of Stock Rights of China Securities Depository and Clearing Co., Ltd. Shanghai Branch, and learned that the shares of the company held by Chengxing Group, the controlling shareholder of the company, were waiting to be frozen. The number of shares waiting to be frozen this time was 171 million, accounting for 100% of its shares and 25.78% of its total share capital.

　　China Resources Micro appointed Li Ge as Vice President and General Counsel.

　　China Resources Micro announced that the company held the 22nd meeting of the first board of directors on August 18, 2021 to review and approve the Proposal on Appointing Senior Managers of the Company, and agreed to appoint Mr. Li Ge as the company’s vice president and general counsel, with the term of office from the date of review and approval at the 22nd meeting of the first board of directors to the expiration of the first board of directors.

　　Shanghai Yanpu plans to increase the capital of Hunan Mokai, a shareholding company, by 25 million yuan.

　　() Announced that recently, Hunan Mokai, the company’s shareholding company, needs to start the research and development of a new generation of military special vehicle seats. This special vehicle seat business has a broad market prospect in the future, but it needs Hunan Mokai to expand its production and operation scale and the company to provide technical support. Therefore, after consultation with all shareholders of Hunan Mokai, it was unanimously agreed to accept the company’s own capital of 25 million yuan to increase capital in Hunan Mokai, and other original shareholders of Hunan Mokai except the company gave up the priority to increase capital.

　　Hunan Mokai Company is a new company that has just been established for more than three years. The purpose of this capital increase is to accelerate the development and construction of Hunan Mokai Company, enhance its capital strength, help improve its credit standing, risk resistance and scientific research strength, and help Hunan Mokai Company obtain the special license required by the industry development as soon as possible, so as to realize the return on investment as soon as possible. After the completion of this transaction, Hunan Mokai is still the company’s shareholding company, which will not lead to changes in the scope of the company’s consolidated statements, which is in line with the company’s strategic development plan.

　　Jianlong micro-nano won an invention patent

　　Jianlong Micro-Nano announced that the company recently received an authorized invention patent certificate issued by China National Intellectual Property Administration, People’s Republic of China, with the name of invention patent: a mixed cation AgCa-LSX molecular sieve, its preparation method and application.

　　China Merchants Steamship received a 3,800-parking ro-ro ship, and the number of its own ro-ro ships has reached 23 at present.

　　() Announcement: On August 18, 2021, Guangzhou Merchants Ro-Ro Transport Co., Ltd., a holding subsidiary of the company with 70% shares, received a 3,800-parking ro-ro carrier "Maohong" in Haimen, Nantong, Jiangsu Province through its wholly-owned subsidiary Shenzhen Merchants Ro-Ro Transport Co., Ltd.

　　The announcement shows that the ship is the second of two ro-ro ships ordered by related parties in the company’s 2019 non-public offering of shares to raise funds for investment projects (the first "Tang Hong" ship was delivered on March 30, 2021).

　　It is reported that the delivery of "Maohong" will further expand the scale of the company’s ro-ro fleet, enhance the transportation capacity of the company’s north-south trunk line, and enhance the company’s market competitiveness and ability to serve customers. At the same time, the "Maohong" with low energy consumption and large load will further reduce the energy consumption and carbon emissions of bicycle transportation.

　　As of the date of this announcement, the number of ships owned by the company’s ro-ro fleet has reached 23.

　　Renfu Medicine: the subsidiary bupropion hydrochloride sustained-release tablets (Ⅱ) obtained the drug registration certificate.

　　() On the evening of August 18th, it was announced that Yichang Renfu Pharmaceutical Co., Ltd., a holding subsidiary, recently received the Drug Registration Certificate of bupropion hydrochloride sustained-release tablets (II) approved and issued by National Medical Products Administration. In 2020, the sales of bupropion hydrochloride tablets (including sustained-release tablets) in three terminal public hospitals in cities, counties and towns in China will be about 50 million yuan.

　　Health Yuan completed the cancellation of 838,000 stock options.

　　() Announcement was issued, and the company held the 52nd meeting of the 7th Board of Directors on August 10th, 2021, to review and pass the Proposal on Cancelling Some Stock Options in 2018 granted to Companies that have not exercised their rights.

　　In view of the resignation of 22 incentive targets such as Zeng Juxiang and 8 incentive targets such as Jiang Yunyun, who were granted in the first batch of the company’s 2018 stock option incentive plan, according to the company’s 2018 Stock Option Incentive Plan (Draft) and other relevant regulations, the above-mentioned personnel are no longer qualified as incentive targets, and the stock options they have been granted but have not yet exercised are not allowed to be exercised and cancelled by the company. The original number of incentive targets for the first batch of options has been adjusted from 233 to 211, and the number of shares that have not been exercised for the first batch of options has been changed from 99. The incentive object of the reserved option was adjusted from 150 to 142, and the number of outstanding shares of the reserved option was adjusted from 3,370,500 to 3,210,500, and 160,000 shares were cancelled.

　　Upon examination and confirmation by China Securities Depository and Clearing Co., Ltd. Shanghai Branch, the cancellation of the above stock options was completed on August 17, 2021.

　　Shanghai yanpu subsidiary plans to increase its capital by 10.26 million yuan to its shareholding company yanpu hongsheng.

　　Shanghai Yangpu announced that the company’s shareholding companies will increase their capital and shares along the Puhongsheng plan, and the registered capital will be increased from 10 million yuan to 48 million yuan, and the shareholders will increase their capital according to the agreed amount and contribution ratio. Huangshan Yanpu, a wholly-owned subsidiary of the company, will add 10.26 million yuan, which will be used for the construction of intelligent electronic and electrical equipment components for new energy vehicles along Puhongsheng.

　　Yanpu Hongsheng Company is a new company that has just been established for more than one year. The purpose of this capital increase is to accelerate the development and construction of Yanpu Hongsheng Company, enhance its capital strength, help improve its credit standing, risk resistance and scientific research strength, and realize the return on investment as soon as possible. After the completion of this transaction, Yipu Hongsheng is still a shareholding company of Shanghai Yipu Company, which will not change the scope of consolidated statements of listed companies.

　　Jiankai Technology: 20,987,500 restricted shares will be listed and circulated on August 26th.

　　Jiankai Technology announced that some restricted shares were listed and circulated for the first time. The number of restricted shares listed and circulated this time was 20,987,500, and the restricted sale period was 12 months. The circulation date of this listing is August 26th, 2021.

　　Haitai Xinguang: 780,000 restricted shares will be listed and circulated on August 26th.

　　Haitai Xinguang announced that the restricted shares listed and circulated this time are the company’s initial public offering of restricted shares, and the number of shareholders of restricted shares is 453, all of whom participated in the offline inquiry for qualified investors and won the lottery during the company’s initial public offering. The restricted sale period is six months from the date of listing of the company’s shares. The number of restricted shares listed and circulated this time is 780,000 shares, accounting for 0.8968% of the company’s current total shares. The circulation date of this listing is August 26th, 2021.

　　Shanghai yanpu: Huangshan yanpu plans to increase its capital by 10.26 million yuan to the shareholding company yanpu hongsheng.

　　On August 18th, Shanghai Yanpu announced that Huangshan Yanpu Metal Products Co., Ltd. ("Huangshan Yanpu"), a wholly-owned subsidiary of the company, plans to increase its capital by 10.26 million yuan to Huangshan Yanpu Hongsheng Automobile Technology Co., Ltd. ("Yanpu Hongsheng"), which will be used for the construction of intelligent electronic and electrical equipment components for new energy vehicles along Yangpu Hongsheng:

　　1. The newly purchased land is about 30 mu.

　　2. Building a workshop for production and operation (about 30,000 square meters, subject to the final design drawing);

　　3. Development and construction of new products and projects along Yangpu Hongsheng: 1). New energy products: copper bars and high-voltage wire harnesses; 2). Electronic and electrical products: switch/reading light/atmosphere light; 3). Die casting and CNC products: skylight guide rail and welcome pedal; 4). Precision injection molding parts: two-color injection molding and insert frame.

　　Before this capital increase transaction, the registered capital of Yanpu Hongsheng was RMB 10 million. Huangshan Yanpu holds 27% of shares in Yanpu Hongsheng, with a corresponding registered capital of 2.7 million yuan; After the completion of this capital increase transaction, the registered capital along Puhongsheng will be increased to RMB 48 million (the industrial and commercial changes have not been completed as of the disclosure date of the announcement, which will be subject to the industrial and commercial changes), and the newly-increased registered capital along Puhongsheng will be RMB 38 million. Huangshan Yangpu holds 27% of the shares along Puhongsheng, and the corresponding registered capital is RMB 12.96 million. Huangshan Yanpu will add 10.26 million yuan.

　　Yanpu Hongsheng Company is a new company that has just been established for more than one year. The purpose of this capital increase is to accelerate the development and construction of Yanpu Hongsheng Company, enhance its capital strength, help improve its credit standing, risk resistance and scientific research strength, and realize the return on investment as soon as possible.

　　The recent average cost of Shanghai Yangpu is 41.96 yuan, and the stock price runs above the cost. Bull market, and there is an accelerated upward trend. Mid-line buy signal has been found. In the past five days, the stock funds have generally been in an outflow state. According to statistics, the main force did not control the disk in the past 10 days. The company’s operating conditions are acceptable, and it has not been significantly recognized by most institutions for the time being, so it can continue to pay attention to it in the future.

　　Chunzhong Technology: Shareholders and Dong Jiangao plan to reduce their holdings by no more than 1.5% in total.

　　Chunzhong Technology announced that Wang Zhitao, the shareholder of Tianjin Sihao Enterprise Management Consulting Center (Limited Partnership) and the director, intends to reduce the total shareholding by no more than 1.5028%.

　　Chunzhong technology: employee stock ownership platform and company directors plan to reduce their shares

　　Chunzhong Technology announced on the evening of August 18th that Tianjin Sihao Enterprise Management Consulting Center (Limited Partnership) and Wang Zhitao, the shareholder of the company, intend to reduce their shares by no more than 1.4687% and 0.0341% respectively, that is, the total shares will not exceed 1.5028%. Among them, Tianjin Sihao Enterprise Management Consulting Center (Limited Partnership) is the shareholding platform for Chunzhong Technology employees.

　　Shanghai Huizhi, the shareholder of Saiwu Technology, has reduced its holdings by 4,343,900 shares.

　　() Announcement. Recently, the company received a letter from Shanghai Huizhi, a shareholder holding more than 5% of the company’s shares, and learned that Shanghai Huizhi reduced its holdings of 4,343,900 shares by centralized bidding and block trading from June 24, 2021 to August 17, 2021, accounting for 1.09% of the company’s total share capital.

　　Suzhou Jinmao, the shareholder of Saiwu Technology, has reduced its holdings by 4,000,200 shares.

　　Saiwu Technology announced that the company recently received a letter from Suzhou Jinmao, a shareholder of the company, and learned that Suzhou Jinmao reduced its shareholding by 4,000,200 shares through centralized bidding from June 3, 2021 to August 17, 2021, accounting for 1% of the company’s total share capital.

　　Shanghai Xianghe, shareholder of Oriental Bio, and its concerted actions have reduced their holdings by 1%.

　　Oriental Bio announced that on August 17th, the company received the Notice on the Implementation of the Share Reduction Plan of () Gene Biological Products Co., Ltd. and the cumulative reduction of 1% from shareholders Shanghai Xianghe and their concerted actions Shanghai Yongchuang and Lianyungang Yongcheng. During the period from August 7th, 2021 to August 17th, 2021, Shanghai Xianghe and their concerted actions reduced their holdings by 1.2 million shares. After the reduction, the proportion of shares held by Shanghai Xianghe and its concerted parties will be reduced from 7.54% to 6.54%.

　　Qifan Cable intends to temporarily supplement its working capital with idle raised funds not exceeding 100 million yuan.

　　() Announcement, the company intends to use part of the idle raised funds from the initial public offering to temporarily supplement the working capital, with a total amount of no more than RMB 100 million, and no more than 12 months from the date of deliberation and approval by the board of directors.

　　The controlling shareholder of Fuan intends to reduce its shareholding by no more than 3%.

　　() Announced that Fuan Holdings, the controlling shareholder of the company, intends to reduce the company’s shares by no more than 9,210,700 shares through centralized bidding and block trading, that is, no more than 3% of the company’s total share capital.

　　Haitai Xinguang: 780,000 initial restricted shares were lifted on August 26th.

　　On August 18th, Gelonghui announced that the number of restricted shares in the company’s listing and circulation was 780,008, accounting for 0.8968% of the company’s current total shares, and the listing and circulation date was August 26th, 2021. The restricted shares listed and circulated this time are all restricted shares placed under the initial public offering.

　　The recent average cost of Haitai Xinguang is 107.82 yuan, and the stock price runs above the cost. In the bull market, it is currently in the stage of falling back and the decline is accelerating. In the past five days, the stock has had a large outflow of funds. According to statistics, the main chips are scattered in the past 10 days, showing a state of low control. The company’s operating conditions are acceptable, and most institutions believe that the long-term investment value of the stock is high, so investors can pay more attention to it.

　　Jiangsu Gaotou Innovation and Jiangsu Gaotou Branch Loan, shareholders of Fengshan Group, plan to reduce their holdings by no more than 4,880,300 shares.

　　() Announce that, according to their own business needs, the shareholders Jiangsu Gaotou Innovation Value Venture Capital Partnership (Limited Partnership) (hereinafter referred to as "Jiangsu Gaotou Innovation") and Jiangsu Gaotou Branch Loan Venture Capital Enterprise (Limited Partnership) plan to reduce the company’s shares by centralized bidding within six months after fulfilling the obligation of pre-disclosure of reduced shares for fifteen trading days (namely, 43% of the total shares of the company)

　　Qu Chao, Deputy General Manager of Southern Media, resigned

　　() Announcement, the board of directors of the company recently received the resignation report of Mr. Qu Chao, the deputy general manager of the company. Mr. Qu Chao applied to resign as the deputy general manager of the company due to job changes. According to the provisions of the Company Law and the Articles of Association and other relevant laws and regulations, Mr. Qu Chao’s resignation report will take effect as of the date it is delivered to the board of directors.

　　Hanma Technology: Ge Xiaosheng resigned as Deputy General Manager.

　　() Announced that the board of directors of the company received a written resignation report from Mr. Ge Xiaosheng on August 18, 2021, and Mr. Ge Xiaosheng applied to resign as the deputy general manager of the company for personal reasons. After resigning as the deputy general manager of the company, Mr. Ge Xiaosheng no longer holds any position in the company.

　　Beichen Industrial accrued 651 million yuan for asset impairment in half a year.

　　() Announcement was issued, and the company conducted impairment test on the assets of each company within the scope of consolidation according to China Accounting Standards for Business Enterprises and Hong Kong Financial Reporting Standards. According to the results of impairment test, the company made provision for asset impairment from January to June in 2021, totaling RMB 651 million.

　　A number of senior executives of CNC plan to reduce their holdings by no more than 35,000 shares.

　　() Announcement: Mr. Ji Fuhua, deputy general manager of the company, Mr. Wang Yong, chief financial officer, and Mr. Zhuang Kejie, secretary of the board of directors, intend to reduce their holdings of the company’s shares by no more than 35,000 shares.

　　China Nuclear Construction: Shareholders intend to reduce their shares by no more than 2%.

　　China Nuclear Construction announced after the market on August 18th that China Xinda Asset Management Co., Ltd., the shareholder of the company, plans to reduce its holdings by centralized bidding to no more than 52.9786 million shares, that is, no more than 2% of the company’s total share capital.

　　Huang Qiang, the shareholder of Zhizheng Co., Ltd., has accumulated a reduction of 3% of its shares.

　　() Announcement was issued. As of August 18th, shareholder Huang Qiang has reduced his holding of 745,300 shares of the company by centralized bidding, accounting for 1% of the company’s total share capital; Accumulated reduction of 1,490,600 shares of the company held by it through block trading, accounting for 2% of the company’s total share capital; A total of 2,235,900 shares of the company held by it were reduced, accounting for 3% of the company’s total share capital. The implementation time interval of this reduction plan has expired.

　　Hainan Expressway, the shareholder of Haiqi Group, has reduced its holding of 5.54 million shares, and its holding period has expired.

　　() Announced. Recently, the company received the Letter of Notice from the shareholder () on the Reduction of Shares, and Hainan Expressway reduced its holdings of 5.54 million shares of the company’s unrestricted shares by centralized bidding transactions, accounting for 1.75% of the company’s total share capital. The price range of the reduction was 15.38 yuan/share to 28.58 yuan/share. As of August 17, 2021, the reduction period has expired.

　　Jin Jianzhong and Chen Xiaodong, supervisors of South Asia New Materials, plan to reduce their holdings by no more than 312,000 shares.

　　South Asia New Materials announced that Jin Jianzhong, the supervisor, plans to reduce his holdings of no more than 300,000 shares of the company by centralized bidding within 6 months after 15 trading days from the date of announcement, accounting for no more than 0.13% of the total shares of the company and no more than 25% of the shares of the company held by him before this reduction. Supervisor Chen Xiaodong plans to reduce his holdings of no more than 12,000 shares of the company by centralized bidding within 6 months after 15 trading days from the date of announcement, accounting for no more than 0.01% of the total shares of the company and no more than 25% of the shares he held before this reduction.

　　Jinlong Automobile: The subsidiary company received a total subsidy of 74.75 million yuan from the State for the promotion of new energy vehicles.

　　On August 18th, () announced that the company’s holding subsidiaries, Xiamen Jinlong United Automobile Industry Co., Ltd., Xiamen Jinlong Touring Car Co., Ltd. and Jinlong United Automobile Industry (Suzhou) Co., Ltd., recently received 26.84 million yuan, 22.93 million yuan and 24.98 million yuan from Xiamen Finance Bureau and Suzhou Finance Bureau, respectively.

　　The above subsidies will directly offset the accounts receivable formed by the sold new energy buses, which will have a positive impact on the company’s cash flow.

　　The recent average cost of Jinlong Automobile is 7.59 yuan, and its share price runs below the cost. In the bull market, it is currently in the stage of falling back and the decline is accelerating. Mid-line sell signal has been found. In the past five days, the stock funds have generally been in an outflow state. According to statistics, the main chips are scattered in the past 10 days, showing a state of low control. The company’s operating conditions are acceptable, and it has not been significantly recognized by most institutions for the time being, so it can continue to pay attention to it in the future.

　　Colin electric: the vice chairman and the chief financial officer intend to reduce their holdings by about 2.38%.

　　Colin Electric announced after hours on August 18th that Li Yanru, vice chairman of the company, and Dong Caihong, chief financial officer and deputy general manager, plan to reduce their shares by no more than 2,832,500 shares and 1,025,500 shares respectively within six months after 15 trading days from the disclosure date of this announcement. The total number of shares does not exceed 3,858,000, accounting for about 2.38% of the company’s total share capital.

　　Linear Horse Technology plans to introduce its core employees to increase capital, and Shenkeda will reduce its shareholding to 54.4%.

　　Shenkeda announced that Shenzhen Linear Horse Technology Co., Ltd. ("Linear Horse Technology") is a holding subsidiary of the company, and the company currently holds 64% equity of Linear Horse Technology. In order to improve the long-term incentive mechanism, the core employees of Linear Horse Technology, Chao Yuanzhen, and Shenzhen Linear Horse Management Consulting Partnership (Limited Partnership) (the core employee shareholding platform) respectively increased their capital to Linear Horse Technology at a price of 1.5 million yuan and 3 million yuan, and the company intends to give up the right to increase capital to Linear Horse Technology.

　　After the completion of this capital increase, the proportion of equity held by the company will be reduced from 64% to 54.4%, and the company will remain a holding subsidiary of the company.

　　There is no significant information that should be disclosed but not disclosed in the stock price change of Chenguang New Materials.

　　() Announced that the deviation of the closing price increase of the company’s stock price on August 17, 2021 and August 18, 2021 for two consecutive trading days has exceeded 20%. According to the relevant provisions of the Trading Rules of Shanghai Stock Exchange, it belongs to abnormal stock fluctuation.

　　After the company’s self-inspection, the company’s current production and operation are normal. There have been no major adjustments in the market environment and industrial policies. The market price of the company’s main products has not fluctuated significantly recently, and the production cost and sales of the company’s products have not fluctuated significantly, and the internal production and operation order is normal.

　　After the company’s self-examination and verification by letter to the controlling shareholder and actual controller, as of the disclosure date of this announcement, there are no other major issues that affect the abnormal fluctuation of the company’s stock trading price except the information that has been publicly disclosed in the designated media; There is no other significant information that should be disclosed by the company but not disclosed.

　　Shenkeda appoints Zheng Yiping as the representative of securities affairs.

　　Shenkeda announced that on August 17th, 2021, the board of directors of the company deliberated and adopted the Proposal on Appointing Securities Affairs Representatives, and agreed to appoint Zheng Yiping as the company’s securities affairs representative to assist the secretary of the board of directors in his work. The term of office shall be from the date of deliberation and approval at the ninth meeting of the third board of directors to the date of expiration of the term of office of the third board of directors.

　　Han Jianheshan: It is planned to set up a wholly-owned subsidiary of 100 million yuan.

　　Hanjian Heshan announced after the market on August 18th that the company will set up a wholly-owned subsidiary Hanjian Heshan (Hebei) Environmental Treatment Co., Ltd. with a registered capital of 100 million yuan. Mainly engaged in soil pollution control, new energy development and utilization, ecological environment management and restoration.

　　Fengshan Group: Shareholders intend to reduce their shares by no more than 3%.

　　Fengshan Group announced after the market on August 18th that its shareholders, Jiangsu Gaotou Innovation Value Venture Capital Partnership (Limited Partnership) and Jiangsu Gaotou Branch Loan Venture Capital Enterprise (Limited Partnership), plan to reduce their holdings of the company’s shares by centralized bidding during the period from September 9th, 2021 to March 8th, 2022, accounting for 3% of the company’s total shares.

　　Shenkeda intends to provide financial assistance of no more than 25 million yuan to Shenkeda Semiconductor.

　　Shenkeda announced that in order to support the development of its holding subsidiary, Shenzhen Shenkeda Semiconductor Technology Co., Ltd. ("Shenkeda Semiconductor", the company holds 60% of the shares), the company plans to provide Shenkeda Semiconductor with a financial aid of no more than 25 million yuan, and the financial aid will be paid in installments within the limit within two years from the date of deliberation and approval by the company’s board of directors.

　　Ke Gang, chief financial officer of Dongfeng Motor, temporarily acted as secretary of the board of directors.

　　() Announcement was issued, and the board of directors of the company reviewed and approved the Proposal on Mr. Ke Gang Acting as Secretary of the Board of Directors. Mr. Zhang Bin will no longer serve as the secretary of the board of directors of the company due to the change of work. According to the Listing Rules of Shanghai Stock Exchange and other relevant requirements, before appointing a new secretary of the board of directors, the board of directors decided to designate Mr. Ke Gang, the financial controller, to temporarily act as the secretary of the board of directors for no more than three months.

　　There are no undisclosed major events in the stock price change of Xinjie Electric.

　　() Announcement: The deviation of closing price in three consecutive trading days (August 16, 2021, August 17, 2021, August 18, 2021) has exceeded 20%, which is an abnormal fluctuation of stock trading.

　　After self-examination by the company and written consultation with the controlling shareholder and actual controller, as of the disclosure date of the announcement, it is confirmed that there are no major matters or important information that should be disclosed but not disclosed.

　　There is no information that should be disclosed but not disclosed in the stock price change of Guanshi Technology.

　　() Announced that the deviation of the closing price increase of the company’s stock price in two consecutive trading days on August 17 and August 18, 2021 has exceeded 20%. According to the relevant provisions of the Trading Rules of Shanghai Stock Exchange, it belongs to the abnormal fluctuation of stock trading.

　　After self-examination by the board of directors of the company and sending a letter to inquire about the controlling shareholder and actual controller, as of the disclosure date of this announcement, the company has no significant information that should be disclosed but not disclosed.

　　On-board numerical control: senior executives plan to reduce their shares by centralized bidding.

　　On the evening of August 18th, CNC announced that Ji Fuhua, deputy general manager of the company, Wang Yong, chief financial officer, and Zhuang Kejie, secretary of the board of directors, planned to reduce their holdings by no more than 15,600 shares, 9,700 shares and 9,700 shares respectively by centralized bidding.

　　Jeni Energy plans to invest 1 billion yuan with Three Gorges Capital to set up a joint venture company to lay out clean energy and other fields.

　　(Announcement) Jiangsu jeni New Energy Technology Co., Ltd. ("jeni New Energy"), a wholly-owned subsidiary of the company, signed an agreement with Three Gorges Capital Holding Co., Ltd. ("Three Gorges Capital"), China Fourth Engineering Bureau of Water Resources and Hydropower ("Fourth Engineering Bureau of Water Resources and Hydropower") and Jiangsu Jinhui Group Co., Ltd. ("Jinhui Group") to jointly establish a joint venture company Three Gorges Green Energy Investment Co., Ltd. ("Joint Venture Company").

　　The announcement shows that the registered capital of the joint venture company to be established this time is RMB 1 billion, of which jeni New Energy contributes RMB 375 million in cash, accounting for 37.5% of the registered capital; Three Gorges Capital contributed 375 million yuan in cash, accounting for 37.5% of the registered capital. The Fourth Engineering Bureau of Water Resources and Hydropower contributed 150 million yuan in cash, accounting for 15% of the registered capital; Jinhui Group contributed RMB 100 million in cash, accounting for 10% of the registered capital.

　　It is reported that the joint venture company is positioned as a platform company that holds clean energy and energy-efficient assets (including but not limited to photovoltaic, wind power, IDC, energy storage, comprehensive energy, microgrid, power exchange station, etc.), explores electricity sales, comprehensive energy services and establishes an energy Internet ecosystem. The main functions of the joint venture company include investment, financing, asset acquisition and asset disposal.

　　Taihua New Materials: Huaxiu Investment intends to reduce its shareholding by no more than 0.96%.

　　() On the evening of August 18th, it was announced that Jiaxing Huaxiu Investment Management Co., Ltd. (hereinafter referred to as "Huaxiu Investment"), a shareholder holding 5% of the shares, planned to reduce its shareholding by no more than 8 million shares, that is, no more than 0.96% of the company’s total share capital, within six months after 15 trading days.

　　Roborock intends to use the raised funds to increase capital to its subsidiaries to promote the implementation of fundraising projects.

　　Roborock issued an announcement, and the company held a meeting of the board of directors and the board of supervisors on August 18, 2021, and reviewed and approved the Proposal on Using the Raised Funds to Increase Capital of a wholly-owned subsidiary. It is agreed that the company will increase its capital to Beijing Stone Innovation Technology Co., Ltd. (hereinafter referred to as "Stone Innovation"), a wholly-owned subsidiary, by using the fund-raising projects of "New Generation Sweeping Robot Project", "Commercial Cleaning Robot Product Development Project" and "Stone Zhilian Data Platform Development Project" totaling RMB 100 million. After the capital increase is completed, the registered capital of Stone Innovation is planned to be changed from RMB 170 million to RMB 270 million, and the company still holds 100% of its shares.

　　It is agreed that the company will use the over-raised funds of the fundraising project "Marketing Service and Brand Building Project" totaling RMB 100 million to increase the capital of Beijing Shitou Qidi Technology Co., Ltd. (referred to as "Shitou Qidi"). After the capital increase is completed, the registered capital of Shitou Qidi is planned to be changed from RMB 100 million to RMB 200 million, and the company still holds 100% of its shares.

　　This time, the use of raised funds and over-raised funds to innovate and enlighten the capital increase is based on the specific requirements of the implementation of the company’s raised funds use plan, which is conducive to promoting the implementation of raised investment projects and improving the efficiency of the use of raised funds. There is no harm to the interests of the company and shareholders.

　　Bird shares: There is no backdoor listing of HONOR, and there is no OEM production of HONOR.

　　On August 18th, () announced the abnormal fluctuation of stock trading. Recently, the company paid attention to the rumors about the listing of HONOR backdoor Bird shares on the online platform. After verification, the above rumors are not true. The company has not consulted with HONOR, there is no listing of HONOR backdoor Bird shares, and the company has not produced HONOR on OEM basis. There is no cooperation in any form between the company and HONOR.

　　The company has the risk that the profitability of its main business is relatively weak. In the past three years, the net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was negative, which was-4,410,600 yuan,-20,920,700 yuan and-30,666,500 yuan respectively from 2018 to 2020.

　　The recent average cost of Bird Co., Ltd. is 4.32 yuan, and its share price runs above the cost. Bull market, and there is an accelerated upward trend. In the past five days, the stock has seen more capital inflows. According to statistics, the main force did not control the disk in the past 10 days. The company is operating well, and most institutions think that the long-term investment value of the stock is average.

　　Wei Zhixiang appointed Hou Yuting as the representative of securities affairs.

　　() Announcement was issued. The company held the fifth meeting of the second board of directors on August 17, 2021, reviewed and approved the Proposal on Appointing Securities Affairs Representative of the Company, and agreed to appoint Ms. Hou Yuting as the company’s securities affairs representative to assist the secretary of the board of directors in performing her duties. The term of office shall be from the date of consideration and approval by the board of directors to the date of expiration of the second board of directors.

　　Shanghai Hugong nominated Miao Liping as a non-independent director candidate.

　　() Announcement was issued. On August 18, 2021, the company convened the 7th meeting of the 4th Board of Directors to review and approve the Proposal on Nominating Candidates for Non-independent Directors. The Board of Directors nominated Ms. Miao Liping as a candidate for non-independent directors of the 4th Board of Directors, and her term of office shall be from the date of review and approval by the shareholders’ meeting to the date of expiration of the 4th Board of Directors.

　　Baosheng shares won the bid of 125 million yuan for the procurement project of China Southern Power Grid.

　　() Announcement, the company recently received the bid-winning notice from China Southern Power Grid Corporation, confirming that the company is the successful bidder of the first batch of framework bidding projects for distribution network materials of China Southern Power Grid Corporation in 2021. The purchase amount is about 125 million yuan (including tax), and the purchase content is 10kV AC power cable (flame retardant). At present, the company has not signed a formal contract with the counterparty.

　　Dibei Electric: Jingdezhen Dibei received the remaining compensation of 9.196 million yuan.

　　() Announced that Jingdezhen Dibei Electric Co., Ltd. (hereinafter referred to as "Jingdezhen Dibei"), a wholly-owned subsidiary of the company, had received the first compensation of 13.794 million yuan on March 11, 2021. On August 18, 2021, Jingdezhen Dibei received the remaining compensation of 9.196 million yuan, and all the compensation for related assets has been received.

　　Wang Junyu and Liu Yujiang, directors of Yuanli Technology, plan to reduce their holdings by no more than 719,100 shares.

　　() Announced that Mr. Wang Junyu, the company’s director and deputy general manager, and Mr. Liu Yujiang, the director and chief financial officer, plan to reduce their shares in the company by centralized bidding within 6 months after 15 trading days from the date of the announcement of this reduction plan (the shares cannot be reduced during the window period); Among them, Mr. Wang Junyu, the director and deputy general manager, intends to reduce the number of shares by no more than 619,100 shares, accounting for 0.486% of the company’s current total share capital; Mr. Liu Yujiang, director and chief financial officer, intends to reduce the number of shares by no more than 100,000 shares, accounting for 0.078% of the company’s current total share capital.

　　Shangwei shares intend to repurchase and cancel 3,139,300 restricted shares.

　　() Announced that the Company intends to buy back and cancel the restricted shares that have been granted but have not been released, totaling 3,139,318 shares, accounting for about 0.6% of the total share capital of the Company, involving 146 incentive targets.

　　The company will cancel the shares on August 23, 2021. After the cancellation is completed, the company will go through the relevant industrial and commercial change registration procedures according to law.

　　Jeni Energy: The subsidiary plans to participate in the establishment of a joint venture company with 375 million yuan.

　　Jeni Energy announced after the market on August 18th that jeni New Energy, a wholly-owned subsidiary of the company, signed an agreement with Three Gorges Capital Holding Co., Ltd., China Fourth Engineering Bureau Co., Ltd. and Jiangsu Jinhui Group Co., Ltd. to jointly establish a joint venture company, Three Gorges Green Energy Investment Co., Ltd., with a registered capital of RMB 1 billion, of which jeni New Energy contributed RMB 375 million in cash, accounting for 37.50% of the registered capital. The joint venture company is positioned as a platform company holding clean energy and energy efficient utilization assets, exploring electricity sales, comprehensive energy services and establishing an energy Internet ecology. Its main functions include investment, financing, asset acquisition and asset disposal.

　　Lan Jian Intelligent: The accumulated contract amount of Contemporary Amperex Technology Co., Limited and its subsidiaries is 148 million yuan.

　　Lan Jian Intelligent announced on the evening of August 18th that since March 25th, 2021, the company has received about 148 million yuan (including tax) of various contracts and fixed-point notices from () and its subsidiaries. If the sales contract is successfully fulfilled, it is expected to have a positive impact on the company’s annual performance in 2021-2022.

　　Chen Dian international by-election He Mao becomes supervisor.

　　() It was announced that Mr. He Weizhen, the supervisor of the company, recently applied to resign as a supervisor of the sixth board of supervisors of the company due to job transfer. After his resignation, Mr. He Weizhen will no longer hold any position in the company.

　　In accordance with the relevant provisions of the Company Law and Articles of Association, as well as the Letter of Recommendation of the Shareholder Representative of the Sixth Board of Supervisors of Rucheng County Hydropower Co., Ltd., Comrade He Maocheng meets the requirements of the company’s supervisor candidate and recommends Comrade He Maocheng as the supervisor of the sixth board of supervisors of the company.

　　Sifang Technology plans to carry out foreign exchange hedging business of no more than US$ 80 million.

　　() Announcement was issued. On August 18, 2021, the company held the 25th meeting of the 3rd Board of Directors and the 17th meeting of the 3rd Board of Supervisors, and reviewed and approved the Proposal on Developing Foreign Exchange Hedging Business.

　　In order to effectively avoid the risks in the foreign exchange market, prevent the adverse impact of exchange rate fluctuations on the company and reasonably reduce financial expenses, according to the actual business situation of the company and its subsidiaries, it is agreed that the company and its subsidiaries should use foreign exchange with a quota of not more than 80 million US dollars or equivalent RMB to carry out hedging business. The quota is valid for 12 months from the date of deliberation and approval by the board of directors of the company, and the funds can be used in a rolling manner within the validity period of the resolution, and the management of the company is authorized to handle the implementation.

　　Baosheng shares: China Southern Power Grid won the bid of 125 million yuan.

　　Baosheng Co., Ltd. announced on the evening of August 18 that the company has become the winning bidder of the first batch of framework bidding projects for distribution materials of China Southern Power Grid Corporation in 2021, with a total winning bid of about 125 million yuan, which will have a positive impact on the company’s operating performance in 2021.

　　Li Ziyuan purchased 71,300 square meters of land use right for 8.57 million yuan.

　　On the afternoon of August 18th, () announced the progress of the acquisition of land use rights by subsidiaries. On August 18th, 2021, Li Ziyuan and shanggao county Natural Resources Bureau signed the Contract for Transferring the Right to Use State-owned Construction Land.

　　According to the contract, the transferor is shanggao county Natural Resources Bureau; The transferee is Jiangxi Li Ziyuan Food Co., Ltd.; The land location is Wuliling, shanggao county City, Jiangxi Province; The land area is 71,300 square meters; Land use is industrial land (limited to food processing industry); The transfer period is 50 years (from the date of land delivery); The land price is 8.57 million yuan; The right type is the right to use state-owned construction land.

　　(Editor: Xu Yuting)

　　Ruineng Technology: It is planned to push the restricted stock incentive plan in 2021.

　　On August 18th, () announced the 2021 restricted stock incentive plan (draft), and the number of restricted shares to be granted by the incentive plan was 10 million shares, accounting for 4.97% of the company’s total share capital of 201,233,200 shares when the draft incentive plan was announced.

　　Among them, 9,500,000 shares were granted for the first time, accounting for 4.72% of the company’s total share capital of 201,233,200 shares when the draft incentive plan was announced; 500,000 shares are reserved, accounting for 0.25% of the company’s total share capital of 201,233,200 shares when the draft incentive plan is announced, and the reserved part accounts for 5.00% of the total rights and interests to be granted this time.

　　The grant price for the first grant of restricted shares is 6.92 yuan per share. The number of incentives granted for the first time was 247.

　　The incentive plan is valid for a maximum of 60 months from the date when the restricted shares granted to the incentive object are registered for the first time to the date when all the restricted shares granted to the incentive object are lifted or repurchased.

　　The recent average cost of Ruineng Technology is 13.10 yuan, and the stock price runs above the cost. In the short market, and there is an accelerated downward trend. In the past five days, the stock has had a large outflow of funds. According to statistics, the main chips are very concentrated in the past 10 days, showing a high degree of control. The company is operating well, and most institutions think that the long-term investment value of the stock is average.

　　There are no major events that should be disclosed but not disclosed in the stock price change of soochow securities.

　　Soochow securities announced that the deviation of the closing price of the company’s shares in three consecutive trading days on August 16th, 17th and 18th, 2021 has exceeded 20%, which belongs to abnormal stock trading according to the relevant provisions of the Trading Rules of Shanghai Stock Exchange.

　　After self-examination by the company and sending a letter to the controlling shareholder and actual controller of the company for verification, as of the disclosure date of this announcement, it is confirmed that there are no major matters that should be disclosed but not disclosed.

　　Lan Jian Intelligent signed a sales contract with Contemporary Amperex Technology Co., Limited and its subsidiaries totaling about 148 million yuan.

　　Lan Jian Intelligent announced that from March 25, 2021 to the disclosure date of this announcement, the company signed eight contracts and fixed-point notices with Contemporary Amperex Technology Co., Limited New Energy Technology Co., Ltd. ("Contemporary Amperex Technology Co., Limited") and its subsidiaries, with a total amount of about RMB 148 million (including tax).

　　The announcement shows that the new energy vehicle market is in a rapid development stage, which provides a good market opportunity for the implementation of this order, and the company has certain advantages in the flexibility, intelligence, operational stability and other technical quality indicators of logistics equipment and the ability of subsequent maintenance and service. Therefore, both parties have a good foundation for cooperation.

　　Chendian International plans to invest in the establishment of Hunan Chendian Hengyuan Municipal Engineering Co., Ltd.

　　Chendian International announced that in order to seize the development opportunity, give full play to the company’s advantages in market, technology and talents, and cultivate new profit growth points, the company plans to invest 45 million yuan with its own funds to establish Hunan Chendian Hengyuan Municipal Engineering Co., Ltd. (tentative name).

　　The rumor that Bird’s share price changes and glory is listed on the backdoor is not true.

　　Bird Co., Ltd. announced that the daily closing price of the company’s shares deviated by more than 20% for three consecutive trading days on August 16, 17 and 18, 2021, which is an abnormal fluctuation of stock trading according to the Listing Rules of Shanghai Stock Exchange and the Trading Rules of Shanghai Stock Exchange.

　　Recently, the company paid attention to the rumors about the listing of HONOR backdoor Bird shares on the network platform. After verification, the above rumors are not true. The company has not consulted with HONOR, there is no listing of HONOR backdoor Bird shares, and the company has not produced HONOR on OEM basis. There is no cooperation in any form between the company and HONOR.

　　Upon confirmation, there are no major matters that should be disclosed but not disclosed.

　　*ST Tiancheng: The controlling shareholder has not taken any substantive measures to solve the problem of capital occupation.

　　() Announcement, the company’s stock price fluctuates greatly in the short term, and the company specially gives risk warnings to investors.

　　According to the announcement, Zhongshenhua Certified Public Accountants (special general partnership) issued an unspeakable opinion on the company’s 2020 annual audit report, and the company’s audited net assets at the end of 2020 were negative, and the company’s shares have been implemented "delisting risk warning". On July 8, 2020, the company and related parties received the Notice of Investigation from China Securities Regulatory Commission for allegedly violating laws and regulations on information disclosure. On August 12th, 2021, the company received the Notice of Administrative Punishment and Market Prohibition in advance issued by Guizhou Supervision Bureau of China Securities Regulatory Commission.

　　The company has failed to fulfill the review procedure to provide guarantee for the controlling shareholder Galaxy Group and the controlling shareholder’s funds are occupied. As confirmed by the company’s self-examination, as of the disclosure date of this announcement, the total amount of funds occupied by the controlling shareholder of the company is 514 million yuan, the balance of funds occupied is 312 million yuan, the total amount of illegal guarantees of the company is 451.33 million yuan, and the balance of illegal guarantees is 112 million yuan. The controlling shareholder is planning to solve the relevant violations, and there is no substantive measure at present.

　　On June 4, 2021, the company disclosed the Announcement of Clarification and Risk Warning in the designated information disclosure media, and the company did not involve any negotiation or negotiation with liquor enterprises on "backdoor" or "reorganization". 17.40% of the shares held by the controlling shareholders of the company have all been pledged and frozen.

　　UFIDA plans to set up a subsidiary to promote the development of Suzhou biomedical industry chain.

　　() Announced that the company plans to invest RMB 20 million in cash to initiate the establishment of Suzhou UFIDA Network Technology Co., Ltd. (hereinafter referred to as "Suzhou UFIDA"), a wholly-owned subsidiary, with the company holding 100% shares.

　　The company said that this time, through the establishment of Suzhou UFIDA, it will form strategic cooperation with relevant local departments, help the development of Suzhou biomedical industry, unite local leading biomedical enterprises, collaborate and innovate, and jointly promote the development of local biomedical industry chain; Starting from the biomedical industry, we will gradually expand the industrial synergy of other industries, such as equipment manufacturing, electronic information, metallurgy, textile, chemical industry and light industry, so as to open up markets and gain more opportunities in industries and fields.

　　Taiyuan Heavy Industry: Hao Jiefeng resigned as a director.

　　() Announcement, the board of directors of the company recently received a written resignation report submitted by Mr. Hao Jiefeng. Due to work adjustment, Mr. Hao Jiefeng submitted his resignation as a director of the eighth board of directors of the company. After his resignation, Mr. Hao Jiefeng still served as the marketing director of the company.

　　Chendian International Subsidiary prematurely terminated the franchise agreement and asset transfer of PPP projects of the second and fourth sewage treatment plants in Chenzhou City.

　　Chendian International announced that according to the Strategic Cooperation Agreement on Great Protection of the Yangtze River signed by Chenzhou Municipal Government and Yangtze River Ecological Environmental Protection Group and the spirit of the special dispatching meeting of Chenzhou Municipal Government, sewage treatment-related projects were promoted in an orderly manner according to law. The company agreed that Hunan Greer Environmental Protection Co., Ltd., a wholly-owned subsidiary, would terminate the franchise agreements of PPP projects of the second and fourth sewage treatment plants in Chenzhou ahead of schedule, and its assets were transferred by Chenzhou Municipal Government. Upon the termination of this franchise, it is estimated that Chenzhou Urban Management and Comprehensive Law Enforcement Bureau will pay a total of 500 million yuan to Greer Environmental Protection, and the company expects to increase its income by about 70 million yuan, subject to the audit results.

　　In the future, the company will continue to play a leading role in the fields of urban-rural water supply integration, sewage treatment and comprehensive environmental management, and actively carry out strategic cooperation with large leading enterprises such as Changjiang Environmental Protection Group in the fields of urban-rural water supply integration and new energy, so as to ensure the preservation and appreciation of state-owned assets and promote the healthy and sustainable development of Chendian International.

　　Jiangsu Xinneng issued shares to purchase assets, which was approved by the China Securities Regulatory Commission and resumed trading on August 19.

　　() Announced that the company intends to purchase 40% equity of Datang Guoxin Binhai Wind Power Co., Ltd. held by Jiangsu Guoxin Group Co., Ltd. (hereinafter referred to as "this transaction") by issuing shares.

　　On August 18th, 2021, the Audit Committee of M&A and Reorganization of Listed Companies of China Securities Regulatory Commission (hereinafter referred to as China Securities Regulatory Commission) held the 20th working meeting of M&A and Reorganization Committee in 2021, and reviewed the issues of the company’s issuance of shares to purchase assets and related transactions. According to the audit results of the meeting, the company’s transaction was unconditionally passed.

　　According to the Measures for the Administration of Major Asset Restructuring of Listed Companies, Guiding Opinions on Improving the System of Stock Suspension and Resumption of Listed Companies and other relevant regulations, the company’s stock (stock abbreviation: Jiangsu Xinneng, stock code: 603693) will resume trading on Thursday, August 19, 2021.

　　The gross profit of Shanghai Energy’s coal sales in the first half of the year reached 856 million yuan, down 17.36% year-on-year.

　　() Announcement: From January to June 2021, the company’s coal output reached 3,850,500 tons, down 11.71% year-on-year. Coal sales reached 2,837,200 tons, down 2.67% year-on-year. Coal sales revenue reached 2.278 billion yuan, down 4.26% year-on-year, and coal sales gross profit reached 856 million yuan, down 17.36% year-on-year.

　　Pudilan Xiaoyan Oral Liquid, a subsidiary of Jichuan Pharmaceutical, will withdraw from the provincial medical insurance catalogue.

　　() Announcement: According to the Notice on Transferring Provincial Supplementary Drugs out of the Drug List of Basic Medical Insurance, Work Injury Insurance and Maternity Insurance in Heilongjiang Province issued by Heilongjiang Provincial Medical Security Bureau and Heilongjiang Provincial Department of Human Resources and Social Security, the main variety of Pudilan Xiaoyan Oral Liquid, a wholly-owned subsidiary of Jichuan Pharmaceutical Group Co., Ltd., will withdraw from the Drug List of Basic Medical Insurance, Work Injury Insurance and Maternity Insurance in Heilongjiang Province at 24: 00 on December 31, 2021, and the original policy will still be followed before the drugs are transferred out.

　　In 2020, the sales amount of Pudilan Xiaoyan Oral Liquid in Heilongjiang Province was about 32.46 million yuan. The specific sales scale of drugs is affected not only by the medical insurance payment policy, but also by factors such as product efficacy, brand influence and user recognition. The impact of the withdrawal of the company’s drugs from Heilongjiang medical insurance on the company’s operating performance cannot be estimated for the time being, and it will not have a significant impact on the company’s performance in the short term.

　　() The subsidiary Jingwei Xinkang obtained the pharmaceutical production license (Bh).

　　Wei Xinkang announced that Beijing Jingwei Xinkang Pharmaceutical Technology Development Co., Ltd. (hereinafter referred to as "Jingwei Xinkang"), a wholly-owned subsidiary of the company, received the Pharmaceutical Production License (Bh) issued by Beijing Drug Administration on August 18, 2021, approved the qualification of Jingwei Xinkang as a drug marketing license holder, and agreed to Inner Mongolia Baiyi Pharmaceutical Co., Ltd. as a commissioned production enterprise.

　　The Marketing Authorization Holder system (hereinafter referred to as "MAH system") originated in Europe and the United States, and it is an institutional model that separates the marketing license and the production license. MAH system enables R&D institutions, natural persons and other subjects who do not have the corresponding production qualifications to obtain the drug marketing license through cooperation or commissioned production, which effectively protects their R&D enthusiasm, and is also conducive to reducing redundant construction and improving capacity utilization.

　　Guangfeng Technology’s shareholders holding more than 5% shares and their concerted actions reduced their holdings by 1%.

　　Guangfeng Technology announced that the company received a Letter of Notice from Saif IV Hong Kong (China Investments) Limited, which reduced its holdings by 4,531,100 shares from July 20 to August 17, 2021, with a reduction ratio of 1%. After the reduction, the proportion of its shares in the company decreased from 7.26% to 6.26%.

　　The shareholders and directors of Chunzhong Technology intend to reduce their holdings by no more than 1.5% in total.

　　Chunzhong Technology announced that Tianjin Sihao Enterprise Management Consulting Center (Limited Partnership), the shareholder of the company, plans to reduce its shareholding by no more than 1.4687% through block trading within six months after three trading days from the disclosure date of this announcement; Director Wang Zhitao plans to reduce the company’s shares by no more than 0.0341% within six months after 15 trading days from the disclosure date of this announcement. The above-mentioned reduction entities intend to reduce their holdings by no more than 1.5028%. Among them, Tianjin Sihao Enterprise Management Consulting Center (Limited Partnership) is the shareholding platform for Chunzhong Technology employees.

　　Three shareholders of Shijia Photonics intend to clear their positions and reduce their holdings.

　　On the evening of August 18th, Shijia Photonics announced that due to the needs of business development, Anyang Huitong, Huitong Julong and Huitong Chuangying plan to reduce their holdings by centralized bidding, block trading, agreement transfer or other ways recognized by the Shanghai Stock Exchange, and the total number of shares reduced shall not exceed 32,169,595 shares, which shall not exceed 7.01% of the company’s total share capital.

　　According to the announcement, Anyang Huitong, Huitong Julong and Huitong Chuangying are all partnerships that Ding Jianhua can directly or indirectly influence, and they are related parties to each other, holding a total of 7.01% shares of Shijia Photonics.

　　In July before sunrise in the East, the government subsidized 16,939,400 yuan.

　　() Announcement: From January 1 to July 31, 2021, the company and its subsidiaries (including holding subsidiaries) received various government subsidies totaling RMB 16,939,400 (all income-related categories).

　　Set up a joint venture company, accelerate the distributed whole county, promote jeni energy, and accelerate the pace of investment, development and utilization of green energy.

　　On August 18th, jeni Energy announced that Jiangsu jeni Energy Co., Ltd., a wholly-owned subsidiary, signed an agreement with Three Gorges Capital Holding Co., Ltd., China Fourth Engineering Bureau Co., Ltd. and Jiangsu Jinhui Group Co., Ltd. to jointly establish a joint venture company, Three Gorges Green Energy Investment Co., Ltd. (hereinafter referred to as the "joint venture company"), with a registered capital of 1 billion yuan, and jeni New Energy contributed 375 million yuan in cash, accounting for 37.50% of the registered capital.

　　The joint venture company established this time is positioned as a green energy asset operator, holding photovoltaic and wind power assets through capital and resource advantages, and paying attention to investment opportunities of energy efficient assets such as IDC, energy storage, comprehensive energy, microgrid and power exchange station, actively expanding the asset scale, and developing into an influential enterprise in the field of green energy assets in China within three to five years.

　　As a holding subsidiary of China Three Gorges Corporation, Three Gorges Capital is the largest clean energy group in China. By setting up a platform company to invest, build and operate clean energy and energy-efficient assets, all parties to the joint venture will make full use of their respective brand, management, technology, talents, capital and other resource advantages to carry out all-round cooperation in the field of clean energy and energy-efficient assets, which will also further accelerate the layout of global energy Internet in jeni and accelerate the pace of promoting distributed whole county.

　　Under the development trend of building a new power system with new energy as the main body, in 2021, jeni Energy signed a contract with Shanghai Shunhua to set up a hydrogen energy joint venture company, which helped to add "hydrogen" power to energy transformation; Invest 11.7 billion yuan to jointly promote the integration of wind, light and storage projects and photovoltaic module projects with the Wuhe County People’s Government; Join hands () to build a 10GWh energy storage battery project and open up a new pattern of energy storage business; Sign a strategic cooperation framework agreement with Huawei Digital Energy to seek new development of digital energy; Establish a joint venture with Huaneng New Energy to further deepen and promote cooperation in new energy projects … The businesses of jeni Energy’s three major sectors of "intelligence, energy storage and new energy" have been steadily promoted, and the global energy Internet has become clearer. By the end of 2020, jeni has developed, constructed, operated and maintained more than 1.6GW of photovoltaic power plants, with more than 6GW in hand and 2.5GW in operation and maintenance.

　　Standing on the starting line of the "carbon neutral" track, which is related to the future of the earth and all mankind, jeni Energy has taken another solid step. The establishment of the joint venture company conforms to the strategic development needs of jeni Energy’s "intelligent energy storage and new energy", which will further strengthen the company’s foreign investment ability, enhance the industry influence and core competitiveness, and have a positive impact on the company’s future distributed photovoltaic power plants and the county’s business development. In the next stage, jeni Energy will continue to increase investment in the development and utilization of green energy, continue to promote the global energy Internet layout, and strive to "become a first-class product and operation service provider in the fields of smart grid, new energy and energy storage".

　　(The news content in this article is for reference only and does not constitute any investment advice. The information disclosure media designated by listed companies are shanghai securities news, Securities Times and the website of Shanghai Stock Exchange (www.sse.com.cn), and the relevant information of the company shall be subject to the announcement published in the above media. Click "Read the original" below for details)

　　Shenzhen Gas: New Hope Group and its concerted parties intend to reduce their holdings by no more than 2%.

　　() On the evening of August 18th, it was announced that New Hope Group, a shareholder, and its concerted action Southern Hope planned to reduce its shareholding by no more than 2% of the company’s total share capital within six months after 15 trading days.

　　There is no significant undisclosed information about the stock price change of Tax Friends.

　　() Announced that the deviation value of the closing price of the company’s stock trading has exceeded 20% in three consecutive trading days on August 16, 2021, August 17, 2021 and August 18, 2021. According to the relevant provisions of the Trading Rules of Shanghai Stock Exchange, it belongs to the abnormal fluctuation of stock trading. After self-examination by the company and verification with the controlling shareholder and actual controller, as of the disclosure date of the announcement, there is no significant information that should be disclosed but not disclosed.

　　The registered capital of Daquan Energy increased to 1.925 billion yuan.

　　Daquan Energy announced that China Securities Regulatory Commission issued the relevant reply on June 22, 2021, and the company was allowed to issue 300 million ordinary shares of RMB to the public for the first time. After the company completed the initial public offering, the registered capital of the company increased from RMB 1.625 billion to RMB 1.925 billion.

　　Distribution of rights and interests of Kelida: 0.01 yuan per share.

　　() Announced that the company’s annual equity distribution in 2020 will be implemented: based on the company’s total share capital before the implementation of the plan, a cash dividend of 0.01 yuan (including tax) will be distributed per share, with date of record on August 24, 2021 and ex-dividend date on August 25, 2021.

　　Vertex software: it is planned to invest 10 million yuan in Shanghai Furong Financial Information Service Co., Ltd.

　　On the evening of August 18th, Vertex Software announced that on August 18th, 2021, Vertex Software signed an intentional investment agreement with Shanghai Furong Financial Information Service Co., Ltd. (hereinafter referred to as the "target company") and its controlling shareholder, and planned to invest in the target company with its own funds, including but not limited to equity transfer and capital increase, with a total investment of no more than 10 million yuan. It is estimated that after this investment is completed, Vertex Software will hold no less than 51% of the shares, and the company will become.

　　Vertex Software said that after the completion of this investment, the target company, as a major of Vertex Software, will be committed to providing investment research, overall data integration and integrated research business support software products and information services for financial institutions such as brokers, funds and asset management. After the completion of this transaction, the target company will be included in the unified and standardized management of the company.

　　In order to promote the expansion of industrial value chain, Zhejiang Meida plans to invest 150 million yuan to set up a limited partnership.

　　() make an announcement, As a limited partner, the company intends to cooperate with general partner Zhejiang Kunxin Investment Management Co., Ltd. (hereinafter referred to as "Kunxin Investment"), limited partner Tiantong Holdings Co., Ltd. (hereinafter referred to as "Tiantong Holdings"), limited partner Haining china leather City Investment Co., Ltd. (hereinafter referred to as "Picheng Investment"), limited partner () Group Co., Ltd. (hereinafter referred to as "Anzheng Fashion") and limited partner () Kitchenware Co., Ltd. Co-sponsor the establishment of a partnership-Haining High-quality Chuangtuo Equity Investment Partnership (Limited Partnership) (specifically, subject to the name of industrial and commercial registration, referred to as "Partnership" or "Shanghai Venture Capital Fund").

　　It is reported that the total subscribed scale of the partnership enterprise is 700 million yuan, and the company as a limited partner subscribes 150 million yuan, accounting for 21.43% of the total subscribed capital contribution of the partnership enterprise. Partnership enterprises will not directly engage in production and business operations, but mainly engage in industrial investment, project investment, venture capital, equity investment and other activities with their own funds.

　　According to the announcement, relying on the resources and advantages in its own industrial field, the company set up a venture capital fund in cooperation with professional investment institutions to invest in projects in line with the company’s strategic development direction, which can promote the expansion of the industrial value chain, further improve the company’s business layout, and promote the company’s business operation and capital operation to achieve benign complementarity and enhance the company’s comprehensive competitiveness.

　　Yuandong Bio: The Phase II clinical trial of a new class 1 drug, Eugliptin Tablets, in the treatment of type 2 diabetes mellitus has achieved the expected goal and obtained a summary report of the clinical trial.

　　On August 18th, Yuandong Bio announced that the Phase II clinical trial of a new drug, Yougliptin Tablets, independently developed by the company for treating type 2 diabetes mellitus achieved the expected goal, and a summary report of the clinical trial has been obtained. The results of phase II clinical trials showed that after once a week and 12 weeks, the tablets in all dosage groups could effectively control the glycated hemoglobin of patients, reduce the fasting and postprandial blood sugar of patients, and had no obvious changes in blood lipid and weight of patients, and were well tolerated. There was no significant difference in the incidence of adverse events between the dosage groups and the placebo group, and the safety was good.

　　The recent average cost of Yuandong Bio is 46.85 yuan, and the stock price runs below the cost. In the bull market, it is currently in the stage of falling back and the decline is accelerating. In the past five days, the stock has had a large outflow of funds. According to statistics, the main force did not control the disk in the past 10 days. The company’s operating conditions are acceptable, and it has not been significantly recognized by most institutions for the time being, so it can continue to pay attention to it in the future.

　　Wanyi Technology and Pollution Prevention Center of Xi ‘an Jiaotong University reached a strategic cooperation in the field of environmental protection and analytical instruments.

　　Wanyi Technology announced that the company reached a strategic cooperation intention and signed a Strategic Cooperation Agreement with the Environmental Materials and Pollution Prevention Technology Center of Xi ‘an Jiaotong University ("Xi ‘an Jiaotong University Pollution Prevention Center") through friendly negotiation. Focusing on the fields of environmental protection and analytical instruments, the two sides will strengthen scientific and technological development cooperation in environmental monitoring, instrument application, innovative technology and carbon capture, and plan to jointly build a "Joint Laboratory of Innovative Technology and Instruments".

　　Yuandong Bio-disclosed the clinical trial data of Yougliptin tablets in the treatment of type 2 diabetes.

　　Yuandong Bio announced that the Phase II clinical trial of the first-class new drug, Eugliptin Tablets, independently developed by the company for treating type 2 diabetes achieved the expected goal, and a summary report of the clinical trial has been obtained. The results of phase II clinical trials showed that after once a week and 12 weeks, the tablets in all dosage groups could effectively control the glycated hemoglobin of patients, reduce the fasting and postprandial blood sugar of patients, and had no obvious changes in blood lipid and weight of patients, and were well tolerated. There was no significant difference in the incidence of adverse events between the dosage groups and the placebo group, and the safety was good.

　　From August 2019 to November 2020, a total of 202 subjects were screened, and 81 subjects were actually enrolled in the group. The experimental results show that in terms of curative effect (PPS set), after 12 weeks of single drug treatment:

　　1. Glycosylated hemoglobin (HbA1c): Compared with the baseline, the HbA1c values in the dosage groups of 200mg, 300mg and 400mg of Yougliptin tablets decreased by 0.78%, 0.52% and 1.06% respectively; Excluding the placebo effect, the dosage groups of 200mg, 300mg and 400mg of Yougliptin tablets can significantly reduce HbA1c by 0.97%, 0.71% and 1.26% respectively.

　　2. Fasting blood glucose: Compared with the baseline, the fasting blood glucose values in the dosage groups of 200mg, 300mg and 400mg of Yougliptin tablets decreased by 1.06mmol/L, 1.59mmol/L and 1.30mmol/L respectively; Excluding the placebo effect, the fasting blood glucose values of the 200mg, 300mg and 400mg groups of Yougliptin tablets decreased by 1.44mmol/L, 1.98mmol/L and 1.68mmol/L respectively.

　　3. 2-hour postprandial blood glucose: Compared with the baseline, the 2-hour postprandial blood glucose values in the dosage groups of 200mg, 300mg and 400mg of Yougliptin tablets decreased by 2.01mmol/L, 1.07mmol/L and 2.27mmol/L respectively;

　　4. Weight and blood lipid: There is no significant difference between the change level of weight and blood lipid and the baseline.

　　In terms of safety, there was no significant difference in the incidence of adverse events between the dosage groups and the placebo group (p > 0.05) Most of the adverse events are mild/moderate, and there are no serious adverse events (no Grade 4 or Grade 5 adverse events), so the safety is good. Generally speaking, the dosage groups of 200mg, 300mg and 400mg of Yougliptin tablets once a week and after 12 weeks have good safety and tolerance in patients with type 2 diabetes in China.

　　The dosage groups of 200mg, 300mg and 400mg of Yougliptin tablets are effective, safe and well tolerated in the treatment of patients with type 2 diabetes, and once a week has greatly improved the convenience of patients’ treatment. Yougliptin tablets are expected to become one of the preferred drugs for patients with type 2 diabetes.

　　Jianhui Information will pay 0.215 yuan per share. date of record is August 24th.

　　() It is announced that the company will distribute the annual equity in 2020, with a cash dividend of 0.215 yuan per share, and date of record will distribute it on August 24, 2021.

　　Thinking Control: Suzhan Station Resigned as Chief Financial Officer

　　() Announcement: Recently, the board of directors of the company received a written resignation report submitted by Su Zhanzhan, secretary of the board of directors and chief financial officer of the company. Su Zhanzhan applied to the board of directors for resignation as chief financial officer for personal reasons, and only served as secretary of the board of directors of the company. The resignation application of Suzhan Station shall take effect as of the date it is delivered to the board of directors of the company.

　　The announcement shows that Sun Kun, assistant to the company’s chief financial officer, will temporarily perform the duties of the chief financial officer before appointing a new chief financial officer.

　　There is no undisclosed material information in Zhenghe Eco’s stock price change.

　　() Announcement: The deviation of the closing price of the company’s shares in two consecutive trading days on August 17 and August 18, 2021 has exceeded 20%, which is an abnormal fluctuation of stock trading.

　　After the company’s self-examination and sent a letter to the controlling shareholder and actual controller for verification, as of the disclosure date of this announcement, there is no significant information that should be disclosed but not disclosed.

　　Wei Xinkang: The subsidiary was granted the Pharmaceutical Production License.

　　On the evening of August 18th, Wei Xinkang announced that its wholly-owned subsidiary, Beijing Jingwei Xinkang Pharmaceutical Technology Development Co., Ltd. (hereinafter referred to as Jingwei Xinkang) received the Pharmaceutical Production License (Bh) issued by Beijing Food and Drug Administration, approved Jingwei Xinkang’s qualification as a drug marketing license holder, and agreed to Inner Mongolia Baiyi Pharmaceutical Co., Ltd. as the entrusted production enterprise.

　　1.083 billion shares of Hongta Securities will be listed and circulated on August 25th.

　　() Announcement, the total number of shares added by the company in this placement is 1.083 billion shares, all of which are unrestricted shares; The listing and circulation date of new shares is August 25, 2021; The total share capital of the company was changed to 4.717 billion shares after the listing.

　　Sino medical subsidiary has increased its capital to US eLum by US$ 4 million to enrich the neural plate product line.

　　Sano Medical announced that in order to consolidate the leading position of Sano Medical’s nerve plate, improve the innovation and R&D strength of nerve products and further enrich the product line layout of the company’s nerve plate, Sano Shenchang, a holding subsidiary of Sano Medical, plans to increase capital to eLum Technologies,Inc (hereinafter referred to as "eLum") with its own funds of 4 million US dollars. After the completion of the capital increase, Sino Shenchang holds eLum1,636,360 shares of eLum, accounting for 18.2% of the total shares of ELUM.

　　It is reported that eLum was established in 2015, mainly engaged in research and development, production and sales of neurointerventional medical devices. Its founder has more than 30 years of rich experience in the medical device industry, especially in the field of nerve intervention. He is the inventor of the first blood flow guiding device in the United States and has certain influence in the field of nerve intervention.

　　The company said that this transaction will help the company to extend the industrial chain, optimize the industrial layout, and enrich the company’s product pipeline in the neurological intervention medical device sector.

　　Oat Technology awarded 2 million restricted shares to 105 incentive targets.

　　Oat Technology announced that the conditions for granting restricted shares stipulated in Shenzhen Oat Technology Co., Ltd.’ s 2021 Restricted Stock Incentive Plan (Draft) have been achieved. According to the authorization of the company’s first extraordinary general meeting in 2021, the company held the 25th meeting of the second board of directors and the 15th meeting of the second board of supervisors on August 18th, 2021, and reviewed and approved the Proposal on Granting Restricted Shares to Incentive Objects. August 18, 2021 was determined as the grant date, and 2 million restricted shares were awarded to 105 incentive objects at the grant price of 13.60 yuan/share.

　　() The revenue in the first half of the year is 5.212 billion yuan, and it is planned to invest more than 4 billion yuan to build a 1GW offshore photovoltaic power generation project with complementary fishing and light.

　　Under the trend of energy structure transformation, coal chemical enterprises are constantly pouring into the new energy field to accelerate the exploration of their own green and low-carbon development path.

　　On August 17th, Jinneng Technology announced that Jinneng Chemical (Qingdao) Co., Ltd. (hereinafter referred to as "Jinneng Chemical"), a wholly-owned subsidiary of Qingdao West Coast Jinneng Investment Co., Ltd., decided to build a 1000MW offshore photovoltaic power generation device in Muguan Island, Huangdao District, Qingdao, Shandong Province, with 100MW/200MW energy storage facilities, which is compatible with the development of seawater.

　　After the project is put into production, it is estimated that the annual power generation will be about 1.2 billion kWh and the carbon dioxide emission will be reduced by 1.35 million tons. The total investment of the project is about 4.369 billion yuan, and it is planned to use 3.059 billion yuan of self-owned funds and 1.31 billion yuan of bank loans. The planned construction period is 12 months, and the financial internal rate of return of all investments is 7.60%, with a payback period of 1.163 years.

　　According to public information, Jinneng Technology was established in Dezhou City, Shandong Province in 2004 and landed on the Shanghai Stock Exchange in 2017. The company’s main business is coal chemical products, fine chemical products and petrochemical products. The main business income mainly comes from the sales of coke, carbon black, methanol, sorbic acid and other products. The products can be applied to industries such as steel, automobiles, plastics, food and medicine.

　　For this "cross-border" entry into the photovoltaic industry, Jinneng Technology said that the project fully considers the requirements of energy conservation, adapts to the development of regional power grids, and further optimizes the company’s power supply structure, which is of great significance to enhancing the company’s industry competitiveness and brand influence.

　　At the same time, Jinneng Technology said that this project is the first time for the company to set foot in the field, which has new characteristics and requirements in terms of industry policy, technology, technology and management, and there is a risk that the company cannot meet the expectations in actual operation due to the lack of new technology, technology and staffing.

　　In fact, under the goal of "double carbon", the leading coal chemical enterprises, as the "big households" of carbon emissions, are facing greater transformation pressure, and they are seeking green and low-carbon transformation through investment and independent construction of new energy business.

　　Chuancai Securities released a research report saying that in response to the carbon-neutral policy, enterprises mainly expand their business in four aspects. First, develop high-end coal chemical projects and reduce energy consumption through technological transformation; Secondly, independently operate the business of photovoltaic, wind power and other industrial chains; Thirdly, equity investment in new energy projects, strategic cooperation to enhance their own corporate brand strength; Finally, some enterprises began to enter the fields of hydrogen energy and energy storage to realize business transformation.

　　For example, () invested 4 billion yuan to participate in the establishment of a new energy industry investment fund and participate in projects such as hydrogen storage in scenery; () Billion investment shares (), () and other new energy industry chain companies; () Build a "comprehensive demonstration project for hydrogen production by solar electrolysis", and invest another 1 billion yuan in the "green hydrogen" industry in April this year.

　　In addition to planning to invest in the construction of offshore photovoltaic power generation projects with complementary fishing and light, Jinneng Technology has also accelerated its layout in the field of hydrogen energy.

　　Following the comprehensive utilization project of new materials and hydrogen energy with a total investment of over 20 billion yuan by Jinneng Technology in 2018, the company announced again on August 17th that Jinneng Chemical signed a strategic cooperation framework agreement with Qingdao dongjiakou Economic Zone Management Committee and Qingdao dongjiakou Development Group Co., Ltd..

　　According to the agreement, the three parties will give full play to their respective advantages, strengthen in-depth cooperation in the comprehensive utilization of hydrogen energy, purify, compress, store, transport and fill the industrial parahydrogen produced by Jinneng Chemical, comprehensively support the development of hydrogen energy transportation industry, gradually expand the application field of hydrogen energy, further extend the chemical industry chain and enhance the added value of industrial parahydrogen.

　　It is worth mentioning that on the day of the announcement, Jinneng Technology also released a semi-annual performance report. During the reporting period, the company achieved revenue of 5.212 billion yuan, a year-on-year increase of 40.34%; The net profit of returning to the mother was 923 million yuan, a year-on-year increase of 115.15%. This means that the funds needed for the fishing and light complementary offshore project that Sun Company plans to invest in this time are about equal to the company’s total revenue in the first half of the year.

　　At the same time, the investment in the above projects may also put the capital chain of Jinneng Technology under greater pressure in the short term. As of the first half of this year, the company’s short-term loans increased from 604 million yuan at the beginning to 889 million yuan, and the monetary funds on the books were only 855 million yuan, which was not enough to cover short-term loans. In this regard, Jinneng Technology also suggested in the announcement that the large amount of project investment will increase the financial expenses of listed companies and lead to an increase in the company’s asset-liability ratio.

　　As of the close of August 18th, the share price of Jinneng Technology closed at 18.72 yuan/share, down 0.85%.

　　Jiangsu Xinneng: The reorganization was approved by the China Securities Regulatory Commission and resumed trading on the 19th.

　　Jiangsu Xinneng announced on the evening of August 18 that the company’s issuance of shares to purchase assets and related transactions was approved by the China Securities Regulatory Commission, and the company’s shares will resume trading on August 19.

　　Ai Kedi: 1,182,000 restricted shares will be lifted.

　　On August 18th, () announced that the first restricted stock incentive plan was awarded the third achievement of lifting the restriction period for the first time, and the total number of incentive targets meeting the conditions for lifting the restriction period was 19; The number of restricted stock tickets released this time is 1,182,000 shares, accounting for 0.14% of the total share capital.

　　The recent average cost of Aikedi is 13.93 yuan, and the stock price runs below the cost. In the bull market, it is currently in the stage of falling back and the decline is accelerating. Mid-line sell signal has been found. In the past five days, the stock funds have generally been in an outflow state. According to statistics, the main chips are very concentrated in the past 10 days, showing a high degree of control. The company’s operating conditions are acceptable, and most institutions believe that the long-term investment value of the stock is high, so investors can pay more attention to it.

　　1,152,908 shares of Zhongwei Company will be listed and circulated on August 24th.

　　Zhongwei Company announced that the number of shares listed and circulated by the company this time was 1,152,908 shares, accounting for about 0.1874% of the total share capital of the company before the ownership, and the listing and circulation date was August 24, 2021.

　　Dongsheng Aluminum, the shareholder of Three Gorges Water Conservancy, has reduced its holdings by 6,213,300 shares by more than half.

　　() Announcement was issued. On August 18, 2021, the company received a Letter of Notice from shareholder Dongsheng Aluminum on the progress of the plan to reduce the shares of Chongqing Three Gorges Water Conservancy and Electric Power (Group) Co., Ltd. From August 17 to August 18, 2021, Dongsheng Aluminum reduced its shares by 6,213,300 shares through centralized bidding, accounting for 0.32% of the company’s total share capital. The number of shares in this reduction plan has been reduced by more than half, and the reduction plan has not yet been implemented.

　　Fuda shares: the controlling shareholder intends to reduce the company’s shares by no more than 5%.

　　() It was announced on the evening of August 18th that Fuda Holding Group Co., Ltd., the controlling shareholder of the company, plans to reduce its holdings by no more than 19,386,300 shares through centralized bidding within 6 months after 15 trading days from the disclosure date of this announcement; Within six months after three trading days from the date of disclosure of this announcement, it will reduce its holdings by no more than 12,924,200 shares through block trading; The total does not exceed 32.3104 million shares, accounting for 5% of the company’s total share capital.

　　*ST Xishui shareholder Shenzhen Dejingxin was frozen by the judiciary for 116 million shares.

　　() Announcement was issued. On August 18, 2021, the company received the Notice of Judicial Freeze and Judicial Transfer of Stock Rights of China Securities Depository and Clearing Co., Ltd. Shanghai Branch, and learned that the shares of the company held by Shenzhen Dejingxin were judicially frozen.

　　This judicial freezing is a case in which Guoyuan Trust, the executor of the application, applied to Hefei Intermediate People’s Court of Anhui Province for the execution of Shenzhen Dejingxin’s loan contract dispute. According to the Notice of Hefei Intermediate People’s Court of Anhui Province for Assistance in Execution ((2021) Wan 01 Zhibao No.167), 116 million shares of Shenzhen Dejingxin’s unrestricted tradable shares were frozen for three years.

　　Sales of Yaxing Bus in the first seven months decreased by 29% year-on-year.

　　() Announcement: In July 2021, the company produced 70 vehicles, down 51% year-on-year. The sales volume reached 66 vehicles, a year-on-year decrease of 39%. From January to July, the company produced 1,081 vehicles, down 34% year-on-year. Sales reached 1119 vehicles, down 29% year-on-year.

　　There is no significant undisclosed information about the stock price change of Mu Gaodi.

　　() It was announced that the deviation of the closing price of the company’s shares reached 20% in three consecutive trading days on August 16th, 17th and 18th, 2021. According to the relevant provisions of the Trading Rules of Shanghai Stock Exchange, it was an abnormal fluctuation of stock trading. After self-examination by the company and written inquiry to the controlling shareholder and actual controller of the company, as of the disclosure date of the announcement, it is confirmed that there is no significant information that should be disclosed but not disclosed.

　　Progress of Yunnan City Investment Restructuring: Five companies including Pingyang Yintai completed the registration procedures for equity change.

　　On August 18th, Yunnan Chengtou Real Estate Co., Ltd. announced the progress of major asset restructuring.

　　The announcement revealed that in order to optimize the company’s asset structure and enhance the company’s ability to resist risks, Yunnan Chengtou and its wholly-owned subsidiary Tianjin Yinrun Investment Co., Ltd. intend to publicly list and transfer on the Yunnan Property Rights Exchange. The selling company holds 70% equity of Cangnan Yintai Real Estate Co., Ltd., Hangzhou Haiwei Real Estate Development Co., Ltd., Pingyang Yintai Real Estate Co., Ltd., Hangzhou Yuntai Shopping Center Co., Ltd., Ningbo Economic and Technological Development Zone Taiyue Real Estate Co., Ltd., Ningbo Yintai Real Estate Co., Ltd., Heilongjiang Yintai Real Estate Co., Ltd. and Mingshang Yintai City (Zibo). 70% equity of Commercial Development Co., Ltd., 70% equity of Harbin Yinqi Real Estate Development Co., Ltd., 70% equity of Taizhou Yintai Real Estate Co., Ltd., 90% equity of Beijing Fangkai Creative Port Investment Co., Ltd. and 51% equity of Ningbo Taiyue held by Tianjin Yinrun (hereinafter referred to as "the target assets").

　　It is understood that Yunnan Chengtou officially listed the underlying assets to be transferred on the Yunnan Equity Exchange, and through the transaction organized by the Yunnan Equity Exchange, it was determined that Beijing Yintai Land Commercial Co., Ltd. was the highest bidder for 70% equity of Hangzhou Haiwei, with a price of 123 million yuan; It is determined that Kangyuan Company, a wholly-owned subsidiary of Kanglv Group, is the highest bidder for 10 other underlying assets, including 70% equity of Cangnan Yintai, and the quotations are all listed reserve prices.

　　At present, five companies, Pingyang Yintai, Hangzhou Haiwei, Cangnan Yintai, Hangzhou Yuntai and Ningbo Taiyue, have completed the registration procedures for equity change.

　　According to the previous report of Viewpoint Real Estate New Media, as of June 18th, Yunnan Chengtou has received 1.993 billion yuan of equity and 9.302 billion yuan of creditor’s rights from Hangzhou Haiwei, Beijing Fangkai Creative Port Investment Co., Ltd., Cangnan Yintai, Hangzhou Yuntai, Ningbo Taiyue and Pingyang Yintai Real Estate Co., Ltd.

　　Huadian power international’s restructuring will be suspended on August 19th.

　　() Announced that the Audit Committee of M&A and Reorganization of Listed Companies of China Securities Regulatory Commission will hold the 21st working meeting of M&A and Reorganization Committee in 2021 at 9: 00 am on August 19th, 2021, to review the issue of huadian power international Electric Power Co., Ltd. issuing shares and purchasing assets with convertible corporate bonds.

　　Upon the company’s application to the Shanghai Stock Exchange, the company’s A shares will be suspended from the market opening on Thursday, August 19, 2021, and the company will promptly announce and apply for stock resumption after receiving the audit results of the M&A and Reorganization Committee.

　　Daquan Energy plans to use idle raised funds of no more than 1.821 billion yuan for cash management.

　　Daquan Energy announced that on August 18, 2021, the board of directors of the company reviewed and approved the Proposal on Using Some Temporarily Idle Raised Funds for Cash Management, and agreed that the company should use temporarily idle raised funds with a maximum of RMB 1.821 billion for cash management, which is valid for 12 months from the date of review and approval by the board of directors.

　　Junsheng Electronics: Cheng Yisun applied to resign as an independent director.

　　() Announcement: The company recently received an application for resignation from independent director Cheng Yisun. Cheng Yisun applied for resignation as an independent director of the 10th Board of Directors of the company for personal reasons, and resigned as a member of the Strategy and Investment Committee and the Nomination, Remuneration and Assessment Committee. He will no longer hold any position in the company after leaving office.

　　According to the relevant regulations, Cheng Yisun’s departure resulted in the number of independent directors of the company being less than one third of the total number of board members, but did not result in the number of board members being less than the quorum. Cheng Yisun’s resignation shall take effect after the new independent director is elected at the company’s shareholders’ meeting, and he will continue to perform his duties as an independent director and in the special committee of the company’s board of directors before that.

　　According to the announcement, on August 18th, 2021, the board of directors of the company reviewed and approved the Proposal on By-election of Independent Directors of the Company, and nominated Wei Xuezhe as the independent director of the 10th board of directors of the company, with a term of office from the date of review and approval by the shareholders’ meeting to the date of expiration of the 10th board of directors. The independent directors of the company expressed their independent opinions. The above proposal still needs to be submitted to the company’s shareholders’ meeting for consideration.

　　The total shareholding ratio of Liang Jianhua, the controlling shareholder of Chaoxun Communication and his concerted actions, will drop to 35.21%.

　　() Announcement, the company learned that Ms. Xiong Mingqin authorized Ms. Lu Tianguo and Ms. Meng Dili to sign the Share Transfer Agreement on August 18, 2021, stipulating that Ms. Xiong Mingqin intends to transfer her 8,145,501 shares of the company (accounting for 5.09% of the company’s total share capital) to Ms. Meng Dili at a price of 11.78 yuan each, with a total transfer price of 95,954,000 yuan. After the transfer of this agreement is completed, Ms. Xiong Mingqin no longer holds shares of the company, and the transferee holds 8,145,501 shares of the company, accounting for 5.09% of the company’s total share capital. The controlling shareholder of the company, Mr. Liang Jianhua, and his concerted actions reduced the proportion of shares held by the company from 40.29% to 35.21%.

　　The share price of Hangzhou Thermal Power Co., Ltd. changed, and the revenue of photovoltaic business accounted for a low proportion.

　　() Announcement: The deviation of the daily closing price of the company’s shares in two consecutive trading days on August 17 and August 18, 2021 has exceeded 20%, which is an abnormal fluctuation of stock trading.

　　From August 13, 2021 to August 18, 2021, it has been trading for four consecutive trading days, and the company’s stock price rose from 18.31 yuan/share to 26.81 yuan/share, an increase of 46.42%.

　　The announcement shows that some media reported that the company may be involved in the concept of photovoltaic. In 2020, the company’s photovoltaic business accounted for less than 1% of its main business income, which had limited impact on the company’s operating performance. The company currently has no new energy projects such as energy storage.

　　Haiqi Group: Hainan Expressway reduced its shareholding by 1.75%.

　　On the evening of August 18th, Haiqi Group announced that recently, the company received the Notice Letter on the Reduction of Shares from Hainan Expressway Co., Ltd. (hereinafter referred to as Hainan Expressway), and Hainan Expressway reduced its holdings of 5.54 million shares of the company’s unrestricted shares through centralized bidding transactions, accounting for 1.75% of the company’s total share capital, with the reduction price ranging from 15.38 yuan/share to 28.58 yuan/share.

　　According to the announcement, before this reduction, Hainan Expressway held 52.93 million shares issued before the initial public offering of Haiqi Group, accounting for 16.75% of the company’s total share capital, and the shareholding ratio of Hainan Expressway after the reduction was 15%.

　　Quanchai Power: The company’s hydrogen fuel cell technology has not been verified by commercial application.

　　() On the evening of August 18th, it was announced that the company’s proton exchange membrane, membrane electrode and hydrogen fuel cell technologies have not been verified by commercial application in the market, and there are uncertainties in technology research and development, product competitiveness and profitability in the future; The assets related to the hydrogen fuel cell business are small in scale, non-main business and no operating income. Even if it is put into production, it is expected to have little impact on the overall business of listed companies, and the company has no orders for hydrogen fuel cell related business; The development of hydrogen fuel cell industry is still in the early stage.

　　Hangzhou Thermal Power: The photovoltaic business has limited impact on the company’s operating performance.

　　Hangzhou Thermal Power Co., Ltd. disclosed the abnormal fluctuation of stock trading on the evening of August 18, saying that some media reported that the company may be involved in the concept of photovoltaic. In 2020, the company’s photovoltaic business accounted for less than 1% of its main business income, which had limited impact on the company’s operating performance. At present, the company has no new energy projects such as energy storage, so investors should pay attention to investment risks.

　　Wantong Development pledged 36.4 million shares, accounting for 1.77% of the company’s total share capital.

　　On August 18, Beijing Wantong New Development Group Co., Ltd. issued an announcement on the pledge of some shares of shareholder Wantong Holdings.

　　According to the announcement, Vantone Holdings pledged its 36,400,000 shares to Guoshen Energy Investment Group Co., Ltd. on June 17, 2021, accounting for 9.08% of its shares and 1.77% of the company’s total share capital. The pledge start date of this pledge is June 17, 2021, and the pledge maturity date is the loan maturity date. Wantong Holdings understood and pledged the above pledged shares on August 17, 2021.

　　According to the new media of Viewpoint Real Estate, Vantone Holdings holds 401,062,289 shares of the company, accounting for 19.53% of the company’s total share capital. As of the disclosure date of this announcement, Vantone Holdings has pledged a total of 226,915,769 shares of the company, accounting for 56.58% of its total shares and 11.05% of the company’s total share capital.

　　Wantong Holdings is the second largest shareholder of the company. It is an enterprise controlled by the same actual controller as Jiahua Oriental Holdings (Group) Co., Ltd., which holds a total of 1,133,623,430 shares of the company, accounting for 55.19% of the company’s total share capital. As of the disclosure date of this announcement, Jiahua Holdings and Wantong Holdings have pledged 959,473,910 shares of the company, accounting for 84.64% of their total shares and 46.71% of the company’s total share capital.

　　Wolong Real Estate intends to entrust financial management with idle self-owned funds of no more than 500 million yuan.

　　() Announcement: On August 18, 2021, the board of directors of the company deliberated and passed the Proposal on Authorizing the Company to Use Idle Self-owned Funds for Entrusted Financial Management, and agreed to authorize the company to use the idle self-owned funds for entrusted financial management with a limit not exceeding (including) RMB 500 million, within which the funds can be recycled. The entrusted wealth management investment products are non-guaranteed and floating income wealth management products, and the term of wealth management products shall not exceed 24 months.

　　Matters related to Sinoma International’s additional issuance and acquisition will resume trading on August 19th.

　　() Announcement: On August 18th, 2021, the Audit Committee on Mergers and Acquisitions of Listed Companies of China Securities Regulatory Commission ("China Securities Regulatory Commission") ("M&A Committee") held the 20th working meeting of the M&A Committee in 2021, and reviewed the company’s issues of issuing shares and paying cash to purchase assets and related transactions ("this reorganization"). According to the audit results of the meeting, the reorganization of the company was conditionally approved.

　　According to the relevant regulations, the company’s shares will resume trading on Thursday, August 19, 2021 after the company applies to the Shanghai Stock Exchange.

　　Shareholders of Aikedi intend to reduce their holdings by no more than 2.12% in total.

　　Aikedi announced that shareholders Ningbo Lingkun, Ningbo Lingqi, Ningbo Lingxin, Ningbo Lingrong and Ningbo Lingxi intend to reduce their holdings of the company’s shares by centralized bidding and block trading, that is, no more than 18,215,332 shares, that is, no more than 2.12% of the company’s total share capital. The main body of the above reduction is a concerted action.

　　The company disclosed the semi-annual report on the same day, and the company achieved a net profit of 198,253,573.12 yuan in the first half of 2021, a year-on-year increase of 38.97%; The basic earnings per share is 0.23 yuan.

　　Shareholders of Shenzhen Gas intend to reduce their shares by no more than 2%.

　　Shenzhen Gas announced that the shareholder New Hope Group and its concerted action, Southern Hope, plan to reduce their holdings by no more than 2% in total within 6 months after 15 trading days from the date of announcement.

　　China Nuclear Construction: Shareholder China Xinda intends to reduce its holdings by no more than 52,978,600 shares of the company.

　　China Nuclear Construction announced on the evening of August 18th that China Xinda Asset Management Co., Ltd. (hereinafter referred to as "China Xinda"), the shareholder of the company, plans to reduce its holdings by centralized bidding within six months after 15 trading days from the date of this announcement, that is, it will not exceed 52,978,600 shares, that is, it will not exceed 2% of the company’s total share capital. During this period, if the company has any share changes, such as share offering, capitalization of capital reserve, etc., the number should be adjusted accordingly. According to the centralized bidding trading method, the total number of shares reduced through centralized bidding trading on the stock exchange within 90 consecutive days shall not exceed 1% of the total shares of the company.

　　As of the disclosure date of this announcement, China Cinda holds 309 million shares of the company, accounting for 11.67% of the company’s total share capital.

　　*ST Xishui: Shenzhen Dejingxin’s shares in the company were all frozen by the judiciary, accounting for 10.62% of the company’s total share capital.

　　*ST Xishui announced on the evening of August 18th that the company learned today that 116 million shares (accounting for 10.62% of the company’s total share capital) held by Shenzhen Dejingxin were frozen by the judiciary. This judicial freeze is a case in which Guoyuan Trust, the executor of the application, applied to Hefei Intermediate People’s Court of Anhui Province for enforcement of Shenzhen Dejing New Loan Contract dispute, and the freeze period is three years. As of the disclosure date of this announcement, all the *ST Xishui shares directly held by Shenzhen Dejingxin have been in the state of pledge/judicial freeze, and there are significant uncertainties in their pledge performance ability and additional guarantee ability.

　　Xinyuan shares: shareholders intend to transfer 4.28% shares of the company by inquiry.

　　On the evening of August 18th, Xinyuan announced that nine shareholders, including Jiaxing Junxiang Investment Partnership (Limited Partnership), Jiaxing Junlang Investment Management Partnership (Limited Partnership), IDG Technology Venture Investments and LP, planned to transfer the shares of the company by inquiry, with a total of 20,989,600 shares to be transferred, accounting for 4.28% of the company’s total share capital. price floor was transferred by inquiry as 72 yuan/share, accounting for 84.21% of the closing price on August 18th.

　　Huatie Emergency: Niubo Industry has no relationship with the company or the actual controller.

　　() On the evening of August 18, the reply to the inquiry letter about media reports was announced, stating that there was no relationship between Newbo Industrial and the company and the actual controller, and Newbo Industrial did not sign for the relevant servers on behalf of the company. The actual controller Hu Danfeng and his spouse Pan Qian have not held bitcoin since 2018. Hu Danfeng and his spouse Pan Qian have not infringed on the interests of listed companies by encroaching on the bitcoin of listed companies.

　　Fan Ying, Bao Feng and Guo Hui have been newly identified as core technicians by Communications Control Technology.

　　Communications Technology announced that in order to further improve the company’s innovation ability and technical level, strengthen the strength of the R&D team, and ensure the realization of various technical upgrades and product R&D goals, the company newly identified Fan Ying, Bao Feng and Guo Hui as the company’s core technicians.

　　As of the disclosure date of this announcement, the company’s core technicians are Gao Chunhai, Liu Bo, Wang Wei, Liu Chao, William, Zhang Qiang, Xia Xisheng, Mix, Fan Ying, Bao Feng and Guo Hui.

　　Zhuolang Intelligent: Two German subsidiaries terminate reorganization protection.

　　() Announcement: On June 23, 2021, the company issued the "Announcement of Zhuolang Intelligent on the Application for Reorganization Protection of Two German Subsidiaries", and now the progress of the reorganization protection of subsidiaries is disclosed as follows:

　　As Zhuolang Holland, a subsidiary of the company, signed an agreement with Rieter Holdings to sell assets, and according to the agreement, Rieter Holdings will pay Zhuolang Holland 300 million euros (about 2.34 billion yuan) in advance for the purchase, of which about 245 million euros (about 1.911 billion yuan) will be used to increase the capital of Zhuolang and Germany’s two companies to repay their bank loans of about 30 million euros, and the excess will be used to repay accounts payable and supplement.

　　According to the relevant laws and regulations of German reorganization protection, when the main risks of reorganization protection are eliminated, the management director of the company should withdraw the application for reorganization protection. Whereas, the former management directors of the two German subsidiaries who applied for reorganization protection resigned on August 16, 2021, and the current management director Zeng Zhengping submitted an application for withdrawal of reorganization protection to the German District Court on behalf of the two German subsidiaries on August 17, 2021 on the grounds that the company and Rieter Holdings had signed an asset sale agreement and could obtain sufficient funds in the subsequent transaction process to repay the bank loans of Germany Zhuolang and Germany GmbH and ensure their normal production and operation. On the evening of August 17, 2021, the company received the ruling from the German District Court, and the reorganization and protection procedures of Zhuolang and Deutsche Bahn have been terminated.

　　The company regained the control of the two German subsidiaries when the German Zhuolang and the German two companies terminated the reorganization protection and the original management directors who had poor communication with the company resigned. At present, the current managing director of the above two German subsidiaries is Zeng Zhengping, and the company will appoint new managing directors as soon as possible to improve the corporate governance structure of the above subsidiaries.

　　In the early stage, in order to obtain liquidity and terminate the reorganization and protection procedures of two German subsidiaries, the company plans to sell the automatic winder, Temco special bearing and Accotex rubber parts to Rieter Holdings for 300 million euros (about RMB 2.34 billion). The sales revenue of the above assets accounted for 22.2% and 24.8% of the company in 2019 and 2020, respectively, which are important assets of the company. If the above transaction is completed, the company will no longer be able to produce and sell the above products, which will cause the company’s sales revenue to decline.

　　The core management smoothly handed over Poly Real Estate and continued to take the first phalanx.

　　On August 18th, the head company of real estate enterprises () announced the change of senior management positions, and Zhou Dongli, the former chief financial officer, took over as the general manager of the company and nominated candidates for directors? ; It is proposed to hire Wang, the former chief accountant of Poly International Holdings Limited? Dave is the company’s chief financial officer.

　　Not long ago, Song Guangju, former chairman of Poly Real Estate, resigned as chairman and director of the company due to his age, and Ping Liu, general manager, took over as chairman. As a result, the core team of the new management team of Poly Real Estate was formally established and a smooth handover was achieved.

　　According to the data, Ping Liu joined Guangzhou Poly (the predecessor of Poly’s development) in 1998, and successively served as manager of planning department, director general manager office, assistant to general manager, secretary of the board of directors, deputy general manager and general manager, and was in charge of financial, investment, planning and other professional lines.

　　Ping Liu is also one of the core members to promote the listing of Poly Real Estate. 2002 was a crucial year for the nationalization and securitization of Poly Real Estate. Before the company’s share reform, Ping Liu served as the company’s deputy general manager and secretary of the board of directors, leading and completing the milestone events of Poly’s development, restructuring, IPO and additional issuance. In 2006, Poly Real Estate became the first real estate enterprise approved to be listed and issued after the resumption of IPO. Since then, Poly Real Estate has been a "model student" in the industry and in A-share companies for standardized operation and compliance.

　　During his tenure as general manager, Ping Liu completed the scale leap from 200 billion yuan to 500 billion yuan from 2016 to 2020, and was responsible for the formulation and implementation of the company’s 13th Five-Year Plan, put forward the development strategy of "one main body and two wings", constructed the "real estate ecological platform" and laid out the second and third growth curves of Poly’s development.

　　Judging from the resume, Zhou Dongli and Wang of the "post-70 s"? Both husband and wife are cadres trained in the system of China Poly Group. Among them, Zhou Dong joined Poly Group in 1995, and has been in charge of many finance departments of the Group and related enterprises? , with rich experience in financial auditing. Wang? Husband participated in 1998? He has served as the project manager of Poly Group, the chief auditor of Poly Finance Co., Ltd. and the chief accountant of Poly International Holdings Co., Ltd. At present, Wang? Dave and Zhou Dongli are both directors of Poly Group Finance Co., Ltd. and have experience in working together.

　　The controlling shareholder of Chaoxun Communication agreed to transfer 5.09% of the company’s shares.

　　Chaoxun Communication announced that Xiong Mingqin, the concerted action person of the controlling shareholder, authorized Lu Tianguo and Meng Dili to sign the Share Transfer Agreement on August 18, 2021, stipulating that Xiong Mingqin intends to transfer 8,145,501 shares of the company (accounting for 5.09% of the company’s total share capital) to Meng Dili by agreement transfer at a price of 11.78 yuan each, with a total transfer price of 95,954. After the transfer of this agreement is completed, Xiong Mingqin no longer holds shares in the company, and the proportion of shares held by Liang Jianhua, the controlling shareholder of the company, and his concerted actions decreased from 40.29% to 35.21%. The transferee holds 8,145,501 shares of the company, accounting for 5.09% of the company’s total share capital. The latest share price of the company is 13 yuan.

　　Zhuolang Intelligent: The company regained control of two German subsidiaries.

　　Zhuolang Intelligent announced that the reorganization and protection procedures of two German subsidiaries, Zhuolang and Deutsche Bahn, have been terminated, and the company has regained control of the above two German subsidiaries; The company plans to sell the automatic winder, Temco special bearing and Accotex rubber parts to Rieter Holdings for 300 million euros. If the above transaction is completed, the company will no longer be able to produce and sell the above products, which will lead to a decline in the company’s sales revenue.

　　Jichuan Pharmaceutical Pudilan Xiaoyan Oral Liquid withdrew from Heilongjiang Medical Insurance Catalogue.

　　On August 18th, Jichuan Pharmaceutical announced that according to the Notice on Transferring Provincial Supplementary Drugs out of the Drug List of Basic Medical Insurance, Work Injury Insurance and Maternity Insurance in Heilongjiang Province issued by Heilongjiang Provincial Medical Security Bureau and Heilongjiang Provincial Department of Human Resources and Social Security, the main variety of its wholly-owned subsidiary Jichuan Pharmaceutical Group Co., Ltd. Pudilan Xiaoyan Oral Liquid will withdraw from the Drug List of Basic Medical Insurance, Work Injury Insurance and Maternity Insurance in Heilongjiang Province at 24: 00 on December 31st, 2021, and will remain until the drugs are transferred out.

　　Huatie Emergency: The actual controller Hu Danfeng and his spouse did not violate the interests of listed companies.

　　According to the emergency announcement of China Railway, there is no relationship between Niubo Industry and listed companies and actual controllers, and Niubo Industry does not sign for relevant servers on behalf of listed companies. The rumor circulating on the Internet that "Niubo Industry is the company of the actual controller Hu Danfeng’s sister, and it signed the relevant server for the listed company" is false.

　　Hu Danfeng and his spouse Pan Qian have not held bitcoin since 2018. Hu Danfeng and his spouse Pan Qian have not infringed on the interests of listed companies by encroaching on bitcoin of listed companies.

　　The newly signed construction contract of Tibet Tianlu in the second quarter totaled 641 million yuan.

　　() Announcement: In the second quarter of 2021, the company signed seven new construction contracts with a total contract value of 641 million yuan.

　　Baili Electric: Suzhou Guanlong Company plans to increase its registered capital to 150 million yuan.

　　() Announcement: The company plans to increase the registered capital of Suzhou Guanlong Company with Zheng Yifan, the other natural person shareholder of Suzhou Guanlong Electromagnetic Wire Co., Ltd. ("Suzhou Guanlong Company") in the same proportion, totaling 96,236,560 yuan. After the capital increase, the registered capital of Suzhou Guanlong Company will increase from RMB 53,763,440 yuan to RMB 150 million yuan.

　　Yuandong Bio: Phase II clinical trial of the first class new drug Eugliclazide tablets achieved the expected goal.

　　Yuandong Bio announced on the evening of 18th that the Phase II clinical trial of a new drug, Eugliptin Tablets, independently developed by the company for treating type 2 diabetes mellitus has achieved the expected goal, and a summary report of the clinical trial has been obtained. This is the first oral DPP-4-week preparation declared for clinical treatment of type 2 diabetes in China.

　　Yuandong Bio-disclosed that the results of Phase II clinical trials showed that after once a week and 12 weeks of administration, all dosage groups could effectively control patients’ glycosylated hemoglobin, reduce patients’ fasting and postprandial blood sugar, and had no obvious changes in patients’ blood lipid and weight, which was well tolerated; There was no significant difference in the incidence of adverse events between the dosage groups and the placebo group, and the safety was good. The main researcher of this study, Professor Yang Wenying of China-Japan Friendship Hospital, published the detailed data of this study at the "Diabetes Treatment Progress Summit Forum" (online meeting) jointly organized by Chinese Medical Journal, English Edition of Chinese Medical Journal and Chinese Diabetes Journal at 19: 00 on August 18th.

　　Yuandong Bio-announcement, the conclusion of the clinical trial is that the dosage groups of 200mg, 300mg and 400mg of Yougliptin tablets are effective, safe and well tolerated in the treatment of patients with type 2 diabetes, and once a week has greatly improved the convenience of patients’ treatment. Yougliptin tablets are expected to become one of the preferred drugs for patients with type 2 diabetes. Up to now, Yuandong Biotech has submitted an application for the phase III pre-clinical CDE communication meeting of Yougliptin tablets, and there is no similar oral hypoglycemic drug administered once a week in China.

　　According to the data, Yougliptin tablet is a new class 1 chemical drug independently developed by Yuandong Bio-technology, and it is the first oral DPP-4-week preparation declared for clinical treatment of type 2 diabetes in China. The company has obtained a total of 15 authorized invention patents from China, the United States, the European Union, Japan, etc., and has successively obtained relevant support such as "Sichuan Science and Technology Plan Project (2014)" and "Sichuan Key R&D Project (2020)". (Song Yuandong)

　　On March 12th, Lei Jun, founder, chairman and CEO of Xiaomi Group, announced in Weibo that Xiaomi SU7 will be officially released on March 28th. On March 25th, 59 stores in 29 cities including Beijing, Shanghai, Guangzhou, Shenzhen and Changsha will open appointments simultaneously.

　　Lei Jun said on the social platform that this is our three-year contract.

　　Image source: Weibo

　　The secret is only the price

　　Building a car is the most concerned topic in Xiaomi in the past year, and it is also an important part of the whole ecology of Xiaomi people, cars and families. To this end, Lei Jun also gave up the keynote speech at the Xiaomi 14Ultra conference, saying that he would put more energy into the automobile business.

　　At the Xiaomi Automobile Technology Conference in December 2023, Lei Jun said that there are three kinds of SU7 in appearance: bay blue, elegant gray and olive green. In terms of performance, it supports the ejection start, with a top speed of 265 kilometers per hour, an acceleration of 2.78 seconds per 100 kilometers and a battery life of 800 kilometers.

　　With the disclosure of SU7′ s appearance, performance and other aspects, the price became the final suspense of the conference.

　　On March 6th, Li Guoqing, founder of Dangdang, sent a video calling Lei Jun, and set the price of Xiaomi Automobile at 150,000-200,000 yuan.

　　Li Guoqing said in the video: "Mr. Lei, pay attention to it. () The price has been reduced, and 85,000 yuan has been obtained … The appearance is atmospheric and the sense of experience has increased, but the price of the battery has been reduced … For 50 million fans, I will give you a price, 150,000-200,000, and forget about 400,000-500,000."

　　Previously, a screenshot from the Internet said that the basic price of Xiaomi Automobile was 219,000 yuan, but it was refuted by Wang Hua, general manager of Xiaomi Group’s public relations department in Weibo.

　　The general curiosity of the market is essentially to know whether Xiaomi can still play a "cost-effective" role in the context of the automobile price war in 2023 and 2024.

　　Since 2024, the price war of car companies has been in full swing. The original price of more than 200,000 yuan fell to less than 200,000 yuan, and the price reduction of A-class cars came to the range of 70,000 yuan, and the range of 150,000 yuan to 200,000 yuan became a battleground.

　　On March 11th, Nezha Automobile Terminal launched a big welfare promotion activity, and the purchase of Nezha AYA and Nezha X can participate in the extraction of Nezha U-II half-price car purchase qualification; All Tucki G6 models have a limited time discount of 20,000 yuan, entering the range of less than 200,000 yuan; BYD, Tesla, Chery, Geely and many other car companies have also announced price cuts.

　　The market’s expectation of Xiaomi’s "cost performance" is also to see if Xiaomi’s car will enter the market and whether it can add fire to the price war of car companies. Chen Shihua, deputy secretary-general of China Automobile Industry Association, also said that the current price range of 150,000-200,000 yuan is the most competitive price range for new energy vehicles.

　　In this regard, Lei Jun once said: "The pricing of Xiaomi SU7 is indeed a bit expensive, but it will definitely make everyone feel that it is expensive, and the experience will definitely exceed everyone’s expectations."

　　Recently, Lei Jun is acceptingThe reporter said in an interview: "At this moment, the competition in the new energy vehicle market is fierce, and I think Xiaomi Automobile is ready."

　　Build the top five car factories in the world

　　Xiaomi has a clear goal to build Xiaomi’s "full ecology of people and cars" and expressed his willingness to spend 15 -20 years building cars.

　　At the Xiaomi Automobile Technology Conference held at the end of last year, Lei Jun said that the application ecology of Xiaomi tablet can be seamlessly boarded, and the mobile phone application can also be pinned to the car to become the native application of the car. All the equipment of Mijia can get on the car without feeling. In addition, Xiaomi has also created the CarIoT ecosystem, which is fully open to third parties.

　　The listing of Xiaomi Automobile will make Xiaomi’s "all-ecological strategy for people and cars" officially closed. "This is our major, and we don’t have to compare with others. Xiaomi is strong in ecology." Lei Jun said.

　　Xiaomi said that it plans to invest 10 billion US dollars and strive to become the top 5 car factories in the world in 15 to 20 years. Lei Jun said: "We have 10 or 20 years of determination and courage, and I believe that Xiaomi Automobile will be successful."

　　For Apple, which has been preparing for ten years, to give up making cars, Lei Jun made no secret of his surprise. On February 28th, Lei Jun released Weibo and said, "I am very shocked to see this news! Xiaomi’s strategy is’ the whole ecology of people and cars’. We are well aware of the difficulty of building a car. Three years ago, we still made an extremely firm strategic choice and seriously built a good car for rice noodles! "

　　According to the official poster of Xiaomi Automobile, 59 Xiaomi Automobile stores will be opened in 29 cities across the country, and the scheduled test drive will be started three days earlier than the press conference (March 25th). The reporter learned that these 29 cities are Beijing, Shanghai, Guangzhou, Shenzhen, Wuhan, Hangzhou, Chengdu, Suzhou, Nanjing, Wenzhou, Ningbo, Wuxi, Chongqing, Foshan, Dongguan, Xi ‘an, Zhengzhou, Tianjin, Xiamen, Hefei, Changsha, Qingdao, Haikou, Shijiazhuang, Kunming, Fuzhou, Taiyuan, Nanchang and Shenyang. There are 8 stores in Beijing, 6 stores in Shanghai and 5 stores in Guangzhou.

　　On Thursday, local time, US stocks rebounded across the board. The Dow rose more than 500 points to temporarily break away from the bear market, ending a six-day losing streak with the S&P 500 index, and the Nasdaq rose more than 2%. Earlier, the Bank of England’s emergency announcement that it would buy long-term government bonds was regarded as a signal to rescue the market, which boosted investor sentiment.

　　Anglo-American long-term debt also rose sharply. The yield of 10-year US debt fell by more than 32 basis points from a 12-year high, the deepest decline in 13 years, and the yield of 30-year British debt fell by more than 1 percentage point. After hitting a 20-year high, the US dollar fell by more than 1%, while the British pound fell by 1.8% against the US dollar and then rose by 1.7%. The offshore RMB rose above 7.16 yuan.

　　David Lefkowitz, head of US equities at UBS, pointed out that the emergency intervention of the Bank of England boosted the rise of US stocks. In the past few trading days, the pressure on the US stock market reflected some turbulence in the fixed income market. As the turmoil subsided, the tone of the stock market showed improvement.

　　In terms of energy, the Beixi pipeline, which has received much attention, has new news. According to foreign media reports, four leaks were found in Beixi pipeline, instead of the three previously reported.

　　In terms of individual stocks, while the Nasdaq rose sharply overnight, Apple closed down against the market. Earlier, it was reported that due to weak demand, Apple would give up its plan to increase production of iPhone14, but Guo Ming questioned this, saying that Apple or a new car team would be built this year.

　　[overnight U.S. stocks]

　　Among the large Chinese stocks, Alibaba rose 4.01%, Baidu rose 1.79%, Netease rose 0.10% and Pinduoduo rose 3.26%.

　　Among the large US technology stocks, Apple fell 1.27%, Amazon rose 3.15%, Google A rose 2.62%, and Nye soared 9.29%.

　　[global index]

　　[global goods]

　　The main contract of WTI crude oil closed at $82.09 per barrel, up 4.57%; The main contract of Brent crude oil closed at $89.27 per barrel, up 3.48%; The main contract of crude oil in the previous period closed at 629.00 yuan per barrel overnight, up 2.59%.

　　Overnight, the Shanghai gold main contract closed up 0.92% to 388.88 yuan per gram; The main contract of Shanghai Bank closed up 1.80% to 4,408.00 yuan per kilogram.

　　[overnight news]

　　The Bank of England announced an "unlimited" temporary bond purchase to save the market? Global national debt soared.

　　On Wednesday, the Bank of England issued a statement saying that it would temporarily purchase long-term British government bonds "at any necessary scale" to restore order in the British bond market. After the announcement, British government bonds soared across the board and the exchange rate of the pound against the US dollar plummeted. Global national debt has also skyrocketed, including the bond markets of Britain, France, Germany, Italy and the United States, and even the debt has stopped falling and rose. Before the Bank of England stepped up its move, the yield of British 30-year government bonds rose to the highest level since 1998, reaching 5.14% at one time. According to the media, the Bank of England quickly reversed its previous "non-intervention" stance on Wednesday because of the huge margin demand faced by pension funds. Investment banks and fund managers have warned the Bank of England in recent days that the demand for margin call may trigger a collapse of the UK bond market.

　　EU announces eighth round of sanctions against Russia

　　According to CCTV news, Ursula von der Leyen announced that it will completely ban the sale of Russian goods in the EU market, which will reduce Russia’s income by 7 billion euros; Increase the list of goods, technologies and services prohibited from exporting to Russia; At the same time, the EU will also announce the legal basis for setting a price limit for Russian oil and take measures to punish attempts to evade EU sanctions against Russia. On the same day, the media said that the EU continued to discuss the implementation of a "price cap" on Russian oil and considered adding shipping restrictions to the sanctions against Russian oil. According to the analysis, the "oil price ceiling" is a dangerous gamble.

　　Senior Fed officials who are dovish say that the progress in fighting high inflation is not clear enough to support a 75 basis point interest rate hike in November.

　　Bostic, president of Atlanta Fed, said that his benchmark forecast is to increase 75 basis points in November and 50 basis points in December, all depending on future data. He revisited the theory of suspending interest rate hikes, saying that to avoid excessive austerity, we should stop before inflation falls to the target of 2%. He also mentioned that in the face of many geopolitical uncertainties, pay attention to the situation in Britain and other places.

　　Russia denies creating the "Beixi" pipeline leakage accident, and the EU believes that the accident was caused by sabotage.

　　Peskov, Russian Presidential Press Secretary, told Russian media on 28th that the so-called Russian involvement in the production of "Beixi -1" and "Beixi -2" natural gas pipeline leakage accidents was "predictable and foolish speculation". Borrell, the European Union’s High Representative for Foreign Affairs and Security Policy, said in a statement on the same day that all information indicated that the accident was caused by sabotage.

　　When Biden’s cabinet was brewing a reshuffle, US Treasury Secretary Yellen told the White House to stay until after the mid-term elections in November.

　　According to the media, the White House is preparing for the departure or transfer of Biden’s senior cabinet officials after the mid-term elections in November, and the candidates are evaluated in the fields of economy, diplomacy and domestic policy. What will happen to senior officials such as Yellen may depend on the performance of the Democratic Party in the mid-term elections in November.

　　[company news]

　　Guo Ming questioned the rumor that Apple gave up the plan to increase production, and said that Apple will build a new car team this year.

　　According to media reports, Apple has told suppliers to reduce the production of up to 6 million iPhone 14 series products in the second half of this year. Apple shares closed down against the trend. Guo Ming, a well-known Apple analyst, said it was a bit strange for him that Apple gave up the iPhone to increase production. As his previous survey showed, Apple has plans to switch the production lines of iPhone 14 and Plus to iPhone 14 Pro and Pro Max and reduce the price of iPhone 13, but he has never heard of any plans to increase the production of the whole iPhone. He also said that Apple may establish a new Apple Car team, namely the Apple Car project team, before the end of this year.

　　Bojian’s share price soared by about 40%, and its drug test results for Alzheimer’s disease were positive.

　　The share price of Bojian, an American pharmaceutical company, surged 39.85% on Wednesday to close at $276.61 per share. Bojian announced that the third-phase clinical trial of lecanemab, a drug for treating Alzheimer’s disease, developed in cooperation with Japanese pharmaceutical company Eisai, had positive results, which slowed down the cognitive decline of patients with early Alzheimer’s Harmo’s disease by 27% within 18 months, reaching the main goal and all key secondary goals. Although the effect is mild, the result is highly significant.

　　Bili Bili: Application for conversion to dual major listing on the Hong Kong Stock Exchange

　　On September 29th, Billie Billie announced on the Hong Kong Stock Exchange that the company’s voluntary change from its second listing position on the Stock Exchange to its main listing will take effect on October 3rd, 2022. At that time, the company will become a dual-listed company on the Stock Exchange and Nasdaq, and the stock mark "S" will be deleted from its stock abbreviation on the effective date.

"I went to estimate the price. The P5 bought in 2021 can only sell for 120,000 yuan, and fall in price is nearly 40%." On November 6, Mr. Huang, the owner of Shanghai, told Shell Finance reporter. The reason why he wants to sell P5, Mr. Huang thinks that the propaganda of the manufacturer is inconsistent with the reality, which has triggered some car owners to defend their rights.

On October 24th, Xpeng Motors Science and Technology Day, He Xiaopeng showed a series of new technologies in Xpeng Motors. Including Tianqi intelligent cockpit, more powerful assisted driving ability and so on. According to the plan, 50 cities will land in Xpeng Motors for assisted driving this year.

However, after the event, hundreds of Tucki P5 car owners published a joint letter to Xpeng Motors. These old car owners said that they had bought P5 models equipped with lidar before, but they were not included in the smart driving plan to open 50 cities this year, and the overall technology update speed was also very slow. I hope Xpeng Motors will give compensation.

Tucki P5. source map

On November 3rd, in response to hundreds of P5 old car owners’ rights protection incidents, Xpeng Motors issued "Notes on Upgrading NGP Function in P5 City of Tucki". In addition to various upgrading promises, Xpeng Motors offered car owners the rights and interests of smart driving priority vouchers worth 20,000 yuan.

Mr. Huang told the reporter, "It may be better to sell the vouchers, but 20,000 yuan vouchers to sell idle fish is 18,000 yuan. Generally speaking, it is not particularly satisfactory. Talk is better than nothing. "

According to Mr. Huang, among the P5 car owners’ rights protection groups, many car owners said that they would continue to protect their rights.

The coverage of high-level assisted driving function in P5 city is slow, and some car owners accuse it of "false propaganda".

In September, 2021, Xpeng Motors listed Tucki’s third product, Tucki P5, which was equipped with laser radar and CNGP, and the price range reached 157,900-223,900 yuan. Some car owners said that they spent an extra 25,000 to 35,000 yuan just because they took a fancy to the CNGP function.

The ideal is full and the reality is very skinny. Since its listing, Tucki P5 has only completed the opening of five cities in terms of urban advanced assisted driving. This has caused dissatisfaction among some P5 car owners.

On October 24th, Xpeng Motors Science and Technology Day, the enterprise announced that it would open 50 cities’ smart driving during the year, and 200 cities would be opened in 2024. But these openings do not include car owners who bought the old P5 lidar. Due to the huge difference between the publicity and the final presentation, some Tucki P5 car owners chose to publish a "joint letter" publicly.

Part of the joint letter

According to the contents of the joint letter, the car owners think that the Tucki P5 no longer supports high-end chips+lidar except that they are not included in the urban assisted driving update and the cockpit system does not support the update; The reason why the Tianji system can’t be updated is because of the "vertical screen", which means that P5 car owners who bought cars for "smart driving" may become "abandoned children".

In response to this incident, Xpeng Motors gave a solution of 20,000 yuan car purchase vouchers. The scheme shows that the purchase of Tucki G6, P7i, G9 and X9 vehicles equipped with XNGP intelligent assisted driving system can be offset at the time of first purchase, additional purchase and replacement, and this right can be used by car buyers designated by the owner.

Xpeng Motors responded.

In addition, the official of Xpeng Motors also issued a document explaining that the city NGP in P5, Tucki is an urban intelligent driving assistance function that strongly relies on high-precision map technology. The opening of this function is affected by many factors, which not only requires a long research and development process of collection, production, verification and multiple tests to improve the reliability and safety of use, but also requires the approval of city map information according to specifications, which makes it difficult to achieve rapid coverage of different cities.

In 2024, the enterprise expects to gradually launch the functions of intelligent scene, steering assistance, sentry mode optimization, map optimization, Netease cloud music access, instrument display lyrics and so on for P5 models.

The development of the intelligent driving system skips the high-precision map, and the industry is facing "the pain of change"

Zhang Xiang, a visiting professor at Huanghe Institute of Science and Technology, said that the controversy caused by P5 in Tucki is not an isolated case, but a "pain" that must be passed on the road of rapid development and reform of intelligent driving.

Previously, car companies and smart driving companies chose smart driving routes, relying more on the development of high-precision maps, fully recognizing road information through high-precision maps, avoiding the shortcomings of weak algorithms under pure vision (radar+camera) solutions, and improving safety.

However, after a period of development, the policy problems and updating problems of high-precision maps have become "obstacles".

Because it is difficult to rely on high-precision maps to improve the ability of intelligent driving, car companies and intelligent driving companies have to choose to skip high-precision maps and gradually develop intelligent driving without maps. In the past, the P5 model was built on the basis of high-precision maps. With the gradual landing of the new system, it is difficult to synchronize the old system.

Zhang Xiang mentioned that in 2021, P5, Extreme Fox Alpha S and other products were once representative models in the era of high-precision maps, but because high-precision maps involve sensitive landmarks, there is uncertainty in open applications. It is reported that in February, March and August, 2022, the Ministry of Natural Resources announced the latest results of Grade A surveying and mapping qualification re-examination and renewal in three batches. Before the re-examination, there were 31 units, 12 of which had not been audited. The reduction of this figure also intuitively shows the trend of current policy tightening.

According to public information, important map suppliers such as NavInfo and Gaode are gradually weakening the high-precision map scheme. Due to the need to collect a lot of extremely accurate data, high-precision maps are basically seasonal. Car companies hope that map vendors can update by the day, and cooperative map manufacturers can’t bear such cost pressure.

At the same time, the hardware perception ability is improved, and the graph-less scheme has become a new consensus in the industry. Without high-precision maps, vehicles can also achieve high-order assisted driving in cities with the support of strong hardware perception and algorithm capabilities.

Huawei’s managing director, terminal BG CEO and chairman of BU, a smart car solution, also mentioned during the year that "domestic roads are changing every day, and if we rely on high-precision maps, there is no way to popularize them. In addition, the production cost of high-precision maps is very high, and it is very difficult to collect data from all over the country. Sometimes even after collecting data today, it will be changed tomorrow. "

Zhang Xiang mentioned that in the general trend, car companies and smart drivers are shifting from maps to no maps. But at the same time of rapid development, it is necessary for enterprises to appease consumers who once trusted enterprises and spent real money to support them.

Beijing News Shell Financial Reporter Bai Haotian

Editor Xu Chao

Proofread Liu Baoqing