HarmonyOS Zhixing’s first pure electric car went on the market, and Yu Chengdong let Zhijie S7 take the stage on its own.

On November 28th, 2023, the first model Zhijie S7 jointly developed by Huawei and Chery was announced to be listed in Shanghai.

It is reported that the new car is available in four versions, with a price of 249,800-349,800 yuan, and the starting price is lowered by 8,200 yuan compared with the pre-sale. According to the official introduction, the current order volume has exceeded 20,000 units.

As the first pure electric car of Huawei HarmonyOS Zhixing, Zhijie S7 is deeply empowered by Huawei in the fields of product definition, ID design and user experience.

At the press conference site, through the one-button calling function, the intellectual S7 with no one above the driver’s seat automatically entered the stage. Yu Chengdong, managing director of Huawei, terminal BG CEO and chairman of BU, a smart car solution, said: "Zhijie S7 will launch a number of Huawei black technologies, which will open a new chapter in smart travel."

The brand-new DriveONE 800V silicon carbide high-voltage power platform and Huawei Turing intelligent chassis carried by Zhijie S7 are the key points recommended by Yu Chengdong. A series of data show that the total power of the four-wheel drive combination of front AC asynchronous motor and rear permanent magnet synchronous motor in Zhijie S7 is 365kW, and the acceleration of 0-100km/h is 3.3s. The high-efficiency power system, combined with lightweight body, ultra-low wind resistance and energy recovery strategy, makes its comprehensive power consumption 12.4 kW·h per 100 kilometers, the comprehensive cruising range of CLTC can reach 855km, and the cruising range of 800V super fast charging can be increased by 215km in 5 minutes.

At the same time, Zhijie S7 took the lead in getting on HarmonyOS 4, adding Super Desktop 2.0 and 3D car control desktop, which brought a more easy-to-use and convenient intelligent cockpit experience. The newly upgraded in-vehicle intelligent assistant Xiaoyi supports features such as no wake-up, custom timbre, and can accurately answer users’ questions about vehicle use, such as what to do after a tire puncture.

It is worth mentioning that Zhijie S7 can also realize the only auxiliary parking function of mechanical parking spaces in the industry and support more than 160 parking scenes. If the original parking space is occupied, Zhijie S7 can roam to find a parking space by itself.

According to Huawei’s plan, the parking and driving Beta program will be opened in Beijing, Shanghai, Guangzhou, Shenzhen, Chongqing, Suzhou, Dongguan and other cities in the first quarter of next year, subject to the actual delivery of the products.

The appearance of Zhijie S7 represents Chery’s formal joining in Huawei’s "Car-making Corps". Of course, Chery, Cyrus, BAIC and JAC have all received the invitation from Huawei’s new joint venture company. At the press conference, Yu Chengdong invited FAW to participate. Huawei’s "circle of friends who build cars" is expected to expand rapidly and become more and more popular.

BMW mini mini new offer green

As of March 5, 2020, the price of the new BMW Mini Mini is as follows:

The official price of the 1.MINI 2020 model is 24.78-29 1,800 yuan, equipped with a 1.5T L3 136 horsepower engine, a 7-speed dual-clutch transmission, a displacement of 1.5L, a cylinder volume of 1499cc, and a turbocharged intake method. The maximum horsepower is 136Ps, the maximum power is 100kW, and the maximum power speed is 4500-6500 rpm.

2.MINI 2019 model has not yet been listed, but the official guide price is 247,800 yuan, which is an imported model, using turbocharged intake mode, the maximum horsepower is 102Ps, the maximum power is 75kW, the gearbox is 7-speed double clutch, and the displacement is 1.5L.

The official price of the 3.MINI 2018 model is 188,800 yuan, equipped with 1.5T L3 102 horsepower engine, 7-speed dual-clutch transmission, displacement is 1.5L, cylinder volume is 1499cc, turbocharged air intake method, maximum horsepower is 102Ps, maximum power is 75kW, maximum power speed is 3900-6500 rpm.

The official price of 4.MINI 2017 model is 285,000 yuan, equipped with 1.5T L3 136 horsepower engine, 6-speed automatic transmission, displacement is 1.5L, cylinder volume is 1499cc, turbocharged intake method, maximum horsepower is 136Ps, maximum power is 100kW, maximum power speed is 4500-6000 rpm.

宝马迷你

It is worth noting that the old Mini in 2000 has been discontinued. BMW, as the new owner of the Mini brand, launched MINI (all capital English letters) as a successor model. On May 1, 2013, MINI officially announced that the new model MINI PACEMAN was officially launched in China, and a total of two models were launched, priced at 33.9-38 9,000 yuan.

Biden officially became the vice presidential candidate of the US Democratic Party.

Topic: 2008 US Presidential Election


  On August 23rd, Senator Obama of Illinois, who was firmly nominated for the US Democratic presidential nomination, announced that he had chosen Senator Biden of Delaware and Chairman of the Senate Foreign Relations Committee as his running mate. This is a photo of Biden (right) and Obama attending a TV debate in Johnston, Iowa, USA (photo taken on December 12, 2007). Xinhua News Agency/AFP


  Xinhuanet Denver, USA, August 27th (Reporter Wang Wei) Senator Biden of Delaware officially became the vice presidential candidate of the Democratic Party in Denver, Colorado on the 27th.


  That night, after a verbal vote, no one at the scene opposed Biden as the only vice presidential candidate. Speaker of the House of Representatives, Democrat Pelosi, immediately announced that Biden was positive.


  Nomination. Biden made a speech announcing his acceptance of the nomination, and said that he would help Obama, who had been nominated as the presidential candidate, run for the next president, thus officially becoming the Democratic vice presidential candidate.


  Biden emphasized his experience in diplomacy and national defense in his speech. He said that after visiting Georgia, Iraq, Pakistan and Afghanistan, he found that the Bush administration’s policy was an "unfortunate failure", so Americans could not live like this for another four years.


  Biden believes that Obama’s policies can bring changes to the United States, change the tax system, improve the country’s economic situation, develop alternative energy sources, and reduce health care expenses. He also compared Obama’s and Republican candidate John McCain’s policy views on Iraq, Afghanistan and Iran’s nuclear issues respectively, and pointed out that Obama’s judgment in foreign and security affairs is trustworthy and capable of safeguarding national security.


  Biden, 65, has served as a senator for more than 30 years and is currently the chairman of the Senate Foreign Relations Committee. He has rich experience in foreign affairs and national defense affairs and is regarded by American media and political analysts as the best candidate to make up for Obama’s lack of experience in this field.


  After Biden’s speech, Obama unexpectedly appeared at the meeting. He was scheduled to arrive in Denver on the 28th to deliver a speech accepting the presidential nomination in a stadium that can accommodate 75,000 people.


  Obama said that he was proud of Biden as the vice presidential candidate, and thanked New York Senator Hillary Clinton for turning to support him after the primary election failed. In addition, Obama also invited ordinary people to attend his speech on the 28th.

Editor: Meng Xu

The battery life reaches 820KM! FAW Hongqi EH7 is listed, starting from 229,800 yuan

In the increasingly fierce competition in the new energy vehicle market, FAW Hongqi has once again refreshed consumers’ expectations. Recently, FAW Hongqi’s newly launched EH7 model was officially launched. The EH7 model has a cruising range of up to 820 kilometers, bringing users a more lasting and convenient driving experience. The starting price of FAW Hongqi EH7 is 229,800 yuan, which will undoubtedly add new vitality to FAW Hongqi’s competition in the new energy vehicle market.

In terms of appearance, the front face adopts a closed front grille design, and the headlights on both sides present two positive and negative "7" shapes, but the lower part is not the headlights but the air inlet. The lower air inlet is like a curved shape on both sides, which is very similar to a smiley face. The black front lip of the car also adds a bit of movement to the car, and the logo adopts a new shape.

The lines on the side are very smooth, the front fender is made of black and red decorative panels, and the door handle is made of hidden door handles. The overall shape of the tail looks very full, the ducktail above is full with the sporty rear surrounding movement at the bottom, and the through tail light in the middle and the extended wing design on both sides are very recognizable. In terms of body size, the length, width and height are: 4980mm, 1915mm, 1490mm, and the wheelbase is 3000mm.

In the interior part, the most eye-catching feature is its special-shaped central control screen. The gradually narrowing design from the central control screen to the dashboard is still very novel. The size of the dashboard and the central control screen is 6 inches and 15.5 inches. The steering wheel is equipped with a double-spoke multi-function steering wheel that is straight up and down. The bottom of the central control screen is also equipped with a number of touch buttons. There are also two water cup holders in the storage area below. There is also a wireless charging panel with a hair dryer on the suspended armrest.

In the power part, the car adopts pure electric drive mode, using rear single motor and front and rear double motor two configurations, the maximum horsepower of the single motor version is 344 horsepower, the maximum torque is 450N · m, the total horsepower of the dual motor version is 619 horsepower, the total torque of the motor is 756N · m, the fastest acceleration time of 100 kilometers is 3.5 seconds, and the power consumption of 100 kilometers is in the range of 13.9kWh to 15.1kWh. The batteries are all made of Sanyuanli batteries of Ningde era. The battery capacity is 75/85/111 kWh three capacity versions, of which the maximum fast charging power is 365kw.

In terms of configuration, the entire vehicle is equipped with a high standard active safety warning system, side air curtain, full-speed adaptive cruise, 360-degree panoramic image, L2-level auxiliary driving, variable steering ratio system, non-openable panoramic sunroof, mobile phone Bluetooth key, keyless entry for the whole vehicle, electric adjustment of the main and passenger seats, and a variety of driving modes.

To sum up, the launch of FAW Hongqi EH7 has undoubtedly brought new vitality to the new energy vehicle market. Its long battery life, unique appearance design, luxurious interior configuration and strong power performance have all made consumers look forward to this model. If you are interested in this car, please leave a message in the comment area.

Hu Ge and Yang Zi Tengger, who is the favorite star of the online platform?

Text | Xinghui

Editor | Shi Can

Recently, the sound of learning to meow has always sounded in the elevator.

"Seven Cats, Seven Cats Meow Meow Meow…" Tengger’s rugged tone was accompanied by the background melody, and the brainwashed lines were repeated over and over again, "bombarding" every office worker indiscriminately. Under the cat’s meow, all living beings are equal.

Image source Weibo @Tiying Media

This elevator advertisement comes from the digital reading platform "Seven Cats Free Novel", and the singer Tengger’s title in it is the spokesperson of the Seven Cats brand. Coincidentally, in August this year, the comprehensive reading platform "Fanqie Novel" officially announced actor Yang Zi as the brand spokesperson.

Earlier, China Literature Limited had officially announced actor Hu Ge as the spokesperson of Reading Literature IP, and actor Song Yi also served as the ambassador of Reading Literature Recommendation Group… Whether it is a free reading force or a paid online position, celebrity marketing is no longer a new thing.

Why have big-name spokespeople become the norm in the online industry? Today’s online marketing has evolved to what stage?

What kind of celebrity can become an online spokesperson?

Teacher Tengger came to brush his face again.

After learning to call the elevator advertisement was launched, people in Weibo Square often lamented the "magic" of this advertisement. Some people were troubled by the loop of the elevator advertisement, while others sensed a subtle contrast from the reincarnation of meowing: "When I got out of the elevator, I started to search for’Tengger learns to call the cat ‘."

The reason why Seven Cats chose Tengger’s endorsement is obviously inseparable from the latter’s wonderful path of "becoming popular again" over the years.

As a well-known Mongolian singer, Tengger’s heroic grassland-style songs were sung all over the country in his early years. However, his popularity in today’s Internet space is not due to his pure majestic style, but because of his subversive "Uncle Meng" image.

Since the original song "Peach Blossom Land" became popular in 2013, Tengger’s style of painting has shifted step by step. He returned to the public eye, went on variety shows, played cross-border, and covered many popular songs in contrasting ways, such as the cover of Zhang Shaohan’s masterpiece "Invisible Wings" to sing the hard atmosphere of "Wings of Steel"…

Image source Bilibili

On the eve of Double 11 in 2019, the news that "Tengger will sing" Love Circle "on the same stage as Hanazawa Cilantro" spread all over the Internet, causing his cross-dimensional character to come out of the circle again. Although the news was eventually clarified, Tengger did interact with the two-dimensional field frequently since then.

In the tide of netizens playing stalks or imitating, Tengger himself settled in Bilibili and gradually occupied a place in the front line of youth culture. An interesting fact is that as of get the manuscript ready, Tengger’s Weibo fans were about 1.148 million, while Bilibili fans far exceeded the former, up to 1.839 million.

From this perspective, it is not surprising that Seven Cats chose Tengger. In fact, before the free online platform took action, Tengger was already called a "treasure for young people" in the marketing industry.

For example, game companies that also point to the online generation circle have frequently invited Tengger to help sing. The music marketing events of products such as "Honor of Kings" and "The Strongest Snail" have the figure of this real-world friends. The Tengger version of "Mangseed" released by "Fantasy Westward Journey" has gained over 12 million views in Bilibili, and there are still netizens who often "come again billion times".

To the Seven Cats, Tengger was not a celebrity spokesperson for the idol line. His advantage was his interdimensional humorous persona, which was backed by a high reputation, good popularity, and the scarcity of being close to young people.

In contrast, Tomato chose Yang Zi for another reason.

On August 3, Tomato Free Novels officially announced Yang Zi as the brand spokesperson. As a familiar actor, Yang Zi has continued to be active on the screen in recent years, starring in "Ode to Joy", "Honey Sinks Like Frost", "The Rest of Life, Please Instruct", "Sauvignon Blanc" and many other film and television dramas. What they have in common is that they are adapted based on the novel IP.

Fanqie Novel official account

During the official endorsement, Yang Zi said this sentence: "Different characters are different lives." In this context, the actor’s past role performance is a bridge, guiding the audience back to the source of mainstream IP content – that is, the major original online platforms.

Regarding this cooperation, Fanqie Novel also said: "We hope that through Yang Zi’s endorsement, we can better shape readers’ awareness of the reading platform and create a newer and more interesting reading experience for readers."

Similarly, after the 2015 adaptation of "Langya Bang" became a hit, the star Hu Ge in the play collaborated frequently with the original source, China Literature Limited.

As an old friend of Reading Literature, Hu Ge not only played the well-known IP role, but also was a reader famous for his reading interests. Therefore, from his early endorsement of QQ Reading to his subsequent role as the spokesperson of Reading Literature IP, Hu Ge has continued the positioning of "reading advocate" with a slight literary attribute, echoing the cultural tone required for reading literature.

Image source Weibo

Overall, online platforms choose celebrities with different ideas, with different focuses on popularity, resume, and personality. However, the vision is ultimately the same, that is, to use users’ awareness of celebrities to strengthen their awareness of the platform.

When celebrity endorsers became the new "standard" for online platforms, more important marketing trends emerged.

From warlord to celebrity marketing

Web promotion is a profound knowledge.

At different stages of development, online platforms have different marketing goals and technical carriers, and they show very different appearances. For example, the most common and basic form of online marketing is like the game industry’s ancient user acquisition through ads, with short and eye-catching text with rough pictures, and strive to attract readers’ interest in the shortest time.

On the male channel, they can be 10,000 kinds of bizarre reversals, where the dragon king, the rich man and the old ancestor come together. On the female channel, they have turned into jaw-dropping tyrannical literature. The lady knows whether she is wrong today, but the readers who swipe the advertisement must know and reflect.

source network

In this way, graphic advertisements have brought curious glances to large and small online text sites, and they have grown brutally lively. To this day, these gimmick copywriting is still a source of joy everywhere on the Internet, and has bred many famous scenes.

After that, a landmark turning point was the ouster of the "Crooked Mouth God of War".

In 2020, a series of advertisements labeled "Crooked-Mouth God of War" suddenly became popular. The so-called "Crooked-Mouth God of War" comes from the crooked smile displayed by actor Guan Yunpeng in many online advertisements, which often appears at the climax of the plot.

For a time, the original film, editing and parody version of "God of War with Crooked Mouth" swept through Douyin, Kuaishou, Bilibili, Weibo, Hupu and other major platforms. These advertisements have a strong routine color, repeating the scenes of the protagonist pretending to be a pig to eat a tiger and slapping the face in reverse, accompanied by copied and pasted dramatic conflicts and highly similar villain remorse.

The crooked-mouthed God of War was always a useless son-in-law at first, but the ending had unpredictable identity options: God Doctor, Dragon King, God of War, Patriarch… It was such a simple and direct plot framework that made countless netizens unable to stop, embarrassed and happy.

Image source Bilibili

The wry-mouthed God of War, which has become popular in the banter, is a representative of the maturity of online short video advertising.

In the context of the short video pandemic, online short video advertisements have come into being. They go a step further than graphics, using Facebook’s character library to extract core scenes from long, cool articles and shoot short dramas that are one to two minutes long. These advertisements strive to stimulate user interest in a very short time and actively cater to the fragmented public reading habits.

It is worth noting that the popularity of short video advertisements on the Internet does not mean that graphic advertisements disappear. In fact, the two complement each other, embedding short video platforms, browser recommendations, application information flows, and many other scenarios in parallel, to build an information flow empire of Shuangwen marketing, and you can see seven dragon kings smiling at your evil charm by moving a brick at random.

After introducing the emerging media power of short videos, online marketing has further helped new and old platforms to explore market growth. In fact, the years when in-feed ad gradually innovated and grew, it basically corresponded to the rapid growth of free reading platforms under Internet giants such as Douyin and Baidu.

With the slowdown in the growth of the platform, online marketing has undergone new changes, the core feature is the rise of brand status in the appeal of communication. Online giants have tacitly increased branding efforts, opened up marketing dimensions other than customer acquisition and conversion, hoping to keep the country while fighting.

So we can see that Qimao has tested the waters of Xiaohongshu, live broadcast and other brand operation channels, implanted variety shows such as "Yearning for Life" and "Ace to Ace", and appeared in front of young netizens more and more frequently.

Tomato also made frequent attacks online and offline. In July, it just cooperated with the traditional literary circle and the online literary circle to hold a live broadcast conversation. In August, it appeared at the 2023 Shanghai Book Fair with a series of works…

Image source Weibo @Tomato Free Novel

Recently, the celebrity spokespeople who have tacitly embraced the two reflect the current emphasis and investment on brand marketing on online platforms.

If we want to describe, the evolution of online marketing is not a segmented line, but closer to a gradually expanding network. New media and new needs are entwined on it, and the main axes of seeking increment and maintaining stock have been highlighted one after another, prompting online platforms to go offline and to the public.

Free to pay, each with a story

When it comes to star marketing to assist in brand building, the relatively long-established paid online platform is undoubtedly a pioneer.

As early as May 2016, China Literature Limited showed a big deal on this matter. That year, QQ Reading officially promoted Hu Ge as the spokesperson, and at the same time launched a large-scale offline promotion. Hu Ge’s large poster can be seen in many crowded subway stations in Beijing, Shanghai and other places.

Image source Writer’s Assistant official account

You know, in the field of digital reading at that time, such promotion was rare. Since then, Reading Text has also launched the special concept of "IP spokesperson" early, which has attracted a lot of attention from the online literature industry.

It is worth noting that although free online platforms are now following up on star marketing, there are still differences in the strategic priorities of the two camps. Even if the same star appears to shoot a promotional short film, the two sides have different expression priorities.

For example, at the same time as the official spokesperson, Fanqie Novel released a short film "Fanqie Novel Today", which depicted several typical reading scenes, exposed the pain points of digital reading, and showed Yang Zi to express the reason for "Fanqie Novel".

In the short film, Fanqie Novel shows the familiar situations of payment restrictions and author interruption, relying on Yang Zi’s interpretation to emphasize the advantages of tomato free reading, one-click promotion and other products. Yang Zi’s image of shuttling through it is very close to the celebrity spokesperson in people’s traditional imagination.

Image source Fanqie Novel

On the other hand, the short film in which Reading invited Hu Ge to appear focuses on the next link in the online text industry chain.

After Guan Xuan served as the spokesperson of Reading Literature IP, Hu Ge appeared in the short film as a storyteller who loved stories and recommended three popular online works to the audience, namely "Shanghai Prosperity", "Great Doctor Ling Ran" aimed at the medical industry, and "The First Sequence", a fantasy adventure.

China Literature Limited official account

Although it is related to online text recommendation, the focus of this short film is not on the digital reading end, but on the reconstruction of several representative scenes in the story in the form of images and the visualization of words. Here, Hu Ge’s role seems to be closer to a "cultural promotion ambassador".

He introduced to the camera: "Through the paid data of hundreds of millions of readers, [Reading Text] selects the best stories suitable for film and television adaptation, and expects them to appear on the screen and burst out with more powerful charm."

In summary, the difference between the two kinds of star marketing reflects the difference between the development strategies of the two online publishing camps. There is an inherent time difference between the free online publishing platform and the paid online publishing platform in the formation time, which to a certain extent leads to the difference in the current business form.

The former focuses on product iteration and platform construction at this stage, and stars are the guides to shape user cognition; the latter turns its attention to the downstream IP adaptation chain more, aiming to play the advantages of paid network text reserve IP, and stars are more like amplifiers that extend IP appeal.

After saying goodbye to going it alone and embracing celebrity marketing, today’s online platforms have begun to borrow power from outside the circle, each with its own story to tell.

Combined with the "2022 China Digital Reading Report" released by the China Audiovisual and Digital Publishing Association, the scale of China’s digital reading users reached 530 million in 2022, an increase of 4.75% year-on-year. At the same time, the overall revenue scale of China’s digital reading market was 46.352 billion yuan, an increase of 11.5% year-on-year. Among them, copyright and advertising revenue have gradually become the driving force for the development of the industry scale, and are responding to the long-term direction of paid and free online texts.

If the platform can broaden the market through innovative marketing paths, the local online industry is expected to burst into more fresh vitality, further attract readers and creators, and then leave more Chinese stories worth telling.

Daily Interaction Fang Yi: Dig deep into the value of data elements, and use digital intelligence to help improve the efficiency of urban transportation governance scientifically | Love Analysis Inter

foreword

"Green wave belt is a concept that has existed in the transportation industry for a long time. Daily interaction relies on its long-term technical accumulation in big data and artificial intelligence. By fusing and calculating its own data, traffic control department data and third-party data, it integrates cycle time, surrounding scenes, road traffic direction, driving speed and other factors. The algorithm is used to calculate the best signal and control parameters, quickly form an urban green wave scheme, and can be dynamically adjusted according to the real-time traffic flow and road conditions on the road. In the case of having as little impact on the surrounding traffic as possible and making maximum use of the existing transportation infrastructure, the complexity of green wave signal control coordination and optimization is greatly reduced, allowing the traffic control department to dispatch and manage the traffic flow of the road network with a click of the mouse, so that "Photoshop" can be turned into "Meitu Xiuxiu" in seconds. At the same time, it helps the urban traffic control department to build a digital traffic management system at a very low cost, and quickly improves the fine and intelligent water of urban road traffic signal control. Realize "100 times efficiency" with "100% rate", help the construction of a transportation power, and create a safe, orderly, smooth and civilized road traffic environment for the masses to travel. "

Special thanks to the Hangzhou traffic police. Hangzhou is the first city where our number of smart green waves have landed. It is also under the trust and professional guidance of the Hangzhou traffic police that we have really polished this product and continuously optimized it. Since October last year, we have co-created and strengthened the construction of green wave belts with the traffic police brigades of Hangzhou districts, changing the original mode of setting up long-distance green wave belts, turning 3-5 intersections into a group, turning lines into faces, and increasing the speed by about 20%. At present, there are more than 200 green wave belts built in Hangzhou, with a mileage of more than 300 kilometers, all over the urban area of Hangzhou. In their daily travel, Hangzhou citizens have unknowingly enjoyed the smooth convenience brought by the green wave belt.

Yesterday, Fang Yi, founder and CEO of Daily Interactive, accepted Love’s analysis and systematically shared his views and successful practices on urban traffic congestion management.

Fang Yi

Founder and CEO of Daily Interactive

Outstanding graduate of Zhu Kezhen College of Zhejiang University. Winner of the 4th "Youth May 4th Medal" and winner of the 10th "Youth Entrepreneurship Award".

The current executive committee of the All-China Federation of Industry and Commerce, the National Association for Science and Technology, the National Youth Federation, the Vice of Young Entrepreneurs, the National Information Security Standardization Technology Association, the Vice of Zhejiang Youth Federation, the Vice of Zhejiang Federation of Industry and Commerce (Provincial Chamber of Commerce), the Vice of Zhejiang Chamber of Commerce, the Vice of Hangzhou Federation of Industry and Commerce, and the Hangzhou CPPCC. The founded Daily Interactive successfully landed in the growth enterprises market in 2019 (code: 300766), becoming the first data intelligence enterprise in China to list on class A shares.

01 Urban traffic congestion management is the world’s most prominent problem in urban diseases, and daily interactions seek new breakthroughs in solutions

Love Analysis: Big report, we need to speed up the construction of a transportation power and figures, and improve urban water governance. Traffic congestion, as the most prominent and most global problem in "urban diseases", is very realistic and challenging to manage. At present, what are the common painpoints in the traffic control department in optimizing urban road condition management and serving citizens’ travel?

Fang Yi: Big, to accelerate the construction of a transportation power and digital, the Ministry of Transport and the Ministry of Science and Technology have also jointly issued the "Opinions on Accelerating the Construction of a Transportation Power Driven by Scientific and Technological Innovation" and the Outline of the Medium and Long-term Development Plan for Scientific and Technological Innovation in the Transportation Field (2021-2035). The development of the strategy and related policies has provided a good policy environment for the development of our data intelligence field and pointed out the development direction.

During the "14th Five-Year Plan" period, our country’s economy will transition to high-quality development, and the volume of passenger and freight transportation will continue to grow. The main problems facing transportation governance are poor traffic flow in the core areas of cities and insufficient smart transportation coordination. According to official statistics, the number of cars in 70 cities in our country has exceeded 1 million. Traffic congestion is the most common, most frequent, most prominent and most world-wide problem in urban diseases, and its governance is very realistic and challenging. According to field observations and industry exchanges, we found that the current traffic control departments generally have the following pain points in optimizing urban road condition management and serving citizens’ travel:

First of all, the number of urban cars in our country, the number of drivers surged, the urban population continues to increase, traffic facilities gradually complex, but the city’s intersections, road sections of the digital construction is still not high, the lack of intelligent traffic coordination, data sharing system has not yet formed, resulting in the city’s overall road conditions online monitoring and analysis is difficult, single point intersection timing intelligent low, many intersections often empty or congestion phenomenon.

At the same time, traffic control departments are mostly based on manual experience, lack of big data support, and the effect of intersection signal timing after manual adjustment cannot be quickly and accurately verified. Closed-loop iterative optimization is difficult to achieve, and there is a lack of sufficient coordination between different intersections and regions. It is difficult to cope with the complex traffic conditions that change in real time throughout the region. Unreasonable single-point green signal ratio settings will have a significant impact on the traffic efficiency of intersections.

At present, many cities commonly use Australia’s SCATS (Sydney Coordinated Adaptive Traffic System) and Europe’s SCOOT (Split Cycle Offset Optimizing Technique) system, its timing capabilities, adaptive capabilities, although very powerful, but data collection through urban roads coil or geomagnetic induction to achieve, its ground sensing equipment is often due to urban road planning adjustment, perennial traffic flow and frequent damage failure, and SCATS and SCOOT system is not "intelligent", timing personnel need "code level" ability, through the input of complex code scripts for timing, the use of high threshold, and the system for traffic police repeated temporary adjustment without "memory ability", it is difficult to precipitate experience, the formation of "reuse", can not flexibly respond to the ever-changing urban traffic conditions.

Finally, the investment in transportation infrastructure in various cities is huge, with hundreds of thousands of intersections at every turn. It is difficult to get through the data of different suppliers. The cost of "one game of chess" transportation intelligence in the entire city and region is high, and the hardware investment is large and the effectiveness is small.

In view of the above situation and pain points, Daily Interactive hopes to use cutting-edge technologies to assist in the innovation of traffic management concepts, management methods, and management models, and to improve the modernization, informatization, and intelligent water of traffic governance. This year, Daily Interactive has created a "Digital Smart Green Wave" product (hereinafter referred to as "Digital Smart Green Wave") for the field of smart transportation. This product can help the traffic police department to efficiently complete the intelligent timing of signal lights and the intelligent coordination and optimization of green wave routes, and realize the digital construction and intelligent scheduling management of road network traffic flow, better serve citizens’ travel, and improve the traffic management water in various cities.

In early 2022, Wenzhou City, Zhejiang Province plans to build (Wenzhou) Data Intelligence and Security Service Innovation Park (ie "Shu’an Port"). Daily Interactive has been deeply involved in it in the early days. When Shu’an Port is completed and operated, "Smart Transportation" happens to be released as Scenario 001. We hope that by relying on the establishment of Shu’an Port, we can make full use of our massive and vivid mobile Internet big data and capabilities, and deeply integrate multi-party dynamic data from traffic management departments, map service providers, and third-party data intelligence service providers for joint calculation, build a localized business system, and provide traffic management tools for traffic control departments to carry out intelligent application in the field of smart transportation.

Love Analysis: Compared with the traffic lights and manually coordinated green wave belt solutions of the traditional timing scheme, what innovations and breakthroughs have been made in solving the above pain points of the traffic control department by the "digital intelligence green wave" advocated by Daily Interactive?

Fang Yi: The so-called green wave belt is not a new concept, but a concept that has existed in the field of transportation for a long time. It refers to the fact that on a designated traffic line, when a vehicle travels at a specified speed, the signal controller adjusts the green light start time of each intersection that the traffic flow passes through according to the distance of the road section, so as to ensure that when the traffic reaches each intersection, it just encounters the "green light", thereby improving the overall traffic efficiency of the traffic line.

Our "digital intelligence green wave" product will use big data intelligent means to analyze the comprehensive traffic flow at intersections, optimize the single-point green signal ratio, improve the utilization efficiency of intersections under large traffic flow, and screen out the traffic arterial intersections suitable for the construction of green wave belts. By considering factors such as cycle time, surrounding scenes, road traffic direction, and driving speed, the algorithm is used to calculate the best signal and control parameters, increase the green wave coordination control, and ensure the smooth passage of vehicles on regional arterial roads by accurately segmenting the timing of intersection signals, thereby reducing delays and stopping times, and achieving the goal of "stop at most once".

The biggest feature of the daily interactive "Digital Intelligence Green Wave" product is to connect and connect the data layer, and conduct data mining and analysis of traffic scenes such as traffic flow distribution, signal control characteristics, intersections and road characteristics, providing traffic distribution, green wave recommendation, green wave optimization and other service components, and then support specific operations such as intersection/road network visualization configuration and intersection coordination relationship research and judgment in specific traffic management applications, so as to achieve "data characterization, feature serviceization, and service application", allowing urban traffic control departments to analyze, respond to, and monitor road conditions in real time, especially for traffic police to quickly and dynamically adjust the timing of intersection lights under their jurisdiction according to real-time road conditions.

Compared with the traditional timing scheme, the "digital intelligence green wave" product can be quickly optimized according to the traffic flow data of the road surface, rather than the "fixed" scheme under the traditional timing, which is more practical and flexible; compared with the manually coordinated green wave scheme, the "digital intelligence green wave" product is supported by traffic flow data and intelligent algorithms, reducing the heavy dependence on expert experience, and the operation is simpler. There is no need for the front-line traffic police to master complex codes. After only one hour of simple training, the front-line traffic police can master the system proficiently, and can realize the one-click configuration of the green wave scheme. It can also be used to fine-tune single intersections and road sections by dragging and dragging. At the same time, digital intelligence green wave can be based on the overall coordination and control of the entire region to avoid the overall inefficiency of regional traffic caused by the lack of systematic thinking and local optimization of various intersections and road sections.

02 Daily interactive "Digital Intelligence Green Wave" products help urban transportation upgrade from "manual transmission" to "automatic transmission"

Love Analysis: What is the general working principle of the "Digital Intelligence Green Wave" product? During this process, what core resources and technical capabilities have been mobilized by Daily Interaction to ensure the intelligence, efficiency and safety of the "Digital Intelligence Green Wave" product?

Fang Yi: Our "Digital Intelligence Green Wave" product, combined with Internet big data, provides personalized green wave signal control solutions in time periods, and conducts regular monitoring of green wave road sections, and makes decision-making and timing for green wave solutions that meet requirements, so as to realize the digitalization of road network traffic flow and intelligent scheduling management. Specifically, it can be understood from the following aspects:

Figure: Schematic of the solution architecture of the daily interactive "digital intelligence green wave"

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Our "Digital Intelligence Green Wave" product uses big data joint computing as the underlying infrastructure to maximize the security of data flow computing. This is because, although the massive data of daily interaction is given to the system at the statistical level under the green scene, which fully complies with the requirements of the Personal Information Protection Law, Data Security Law and other relevant regulations, it also needs to integrate the data of the traffic control department and even third parties. Therefore, it needs to enter the private network through the border and integrate the data in the private network for computing to provide services for upper-level applications. In order to ensure product and data security, all the data are put on the state-owned big data joint calculation for joint calculation, to ensure that the original data source can enter and exit, can be counted and not recognized, can not be used, the algorithm is transparent and easy to supervise, and the calculation is safe and efficient.

In terms of basic capabilities, Digital Intelligence Green Wave connects with rich data sources, and uses a powerful system inside Daily Interactive – "DiOS Data Intelligent Operating System" for data governance and fusion calculation, generating signal control scheme suggestions. We use our own big data to perceive real-time traffic flow data on the road, and at the same time, under the coordination of the traffic control department, we will also access the traffic control department’s road network basic data (such as traffic lights, lane lines, etc.), traffic police business data, infrastructure sensing data, etc. for fusion calculation and cross-validation. In the future, it may even be integrated with more third-party maps and data from travel service providers, so that the traffic control department can make a more three-dimensional judgment on traffic flow and road conditions. So how do we manage and calculate so many sources of complex data? This requires the use of the DiOS data intelligent operating system. DiOS can fully mobilize the company’s core capabilities in digital modeling, security computing, visual intelligence, intelligent transportation, etc., perform fusion calculations on the basis of data governance of all parties, and "scene" all kinds of traffic data. It is used to analyze and mine the traffic flow characteristics and travel OD characteristics of various intersections, road sections, and regions, so as to generate corresponding signal control scheme suggestions, and provide simulation components to facilitate the simulation and prediction of the effects of different signal control schemes.

In terms of business applications and empower, our digital intelligence green wave is connected with SCATS and other systems through API and RPA, so as to carry out real-time transmission and execution of signal control solutions and support automatic delivery. At the same time, based on the regional and road network traffic characteristic data, the daily interaction provides functional modules such as road network housekeeper, signal control optimization, green wave, cockpit, operation monitoring, etc., which can perceive, analyze, and dynamically adjust and optimize the information control measures of the road network. Based on the above functional modules, the urban traffic control department can easily implement three-dimensional business applications such as macro-urban planning suggestions to mid-scale road network construction guidance and digital intelligence green wave services through self-filtering maps, green wave design, program delivery, effect prediction and optimization.

It is worth mentioning that the digital intelligence green wave can also carry out the overall coordination and system optimization of regional traffic in a "game of chess" style. In order to avoid the green wave belt in a certain direction destroying the traffic efficiency of the road crossing it, when the horizontal road is made into a green wave belt, our "digital intelligence green wave" product supports a traffic light intersection as the center, and all intersections in the area are aligned with it, so that the intersecting routes and directions can be matched into green wave belts to carry out the overall optimization of regional traffic "game of chess". Of course, traffic is impermanent, and traffic flow is constantly changing in real time. Therefore, the digital intelligence green wave must have the ability to respond to emergencies and continuously iterate and optimize. In the actual traffic management process, it is not realistic to pursue green lights at all intersections. Here, the traffic control department needs to make value judgments. In order to prevent the situation of "snakehead biting snake tail", Digital Intelligence Green Wave also supports "temporary solutions". Once a temporary emergency such as a traffic accident occurs at an intersection or road section, the signal light control can be quickly restored to the original state. When the temporary emergency is over, it can be restored to the green wave state, thereby eliminating traffic pressure. In addition, Digital Intelligence Green Wave can also use technologies such as short-term flow forecasting and variable lanes to make intelligent iterations of the green wave solution and build a closed-loop urban traffic management business.

Finally, it comes to the specific use level. One of the major advantages of our digital intelligence green wave products is the ease of use. The horizontal axis is a road, and the vertical axis is the time axis. When the left signal light phase is selected, the right signal light phase can be automatically aligned with one button. Through this relative alignment, the regional green wave band scheme can be quickly realized. With the assistance of the machine, the difficult "photoshop" can be changed into "Meitu Xiuxiu" in seconds, which greatly reduces the complexity of green wave signal control coordination and optimization, allowing the traffic control department to dispatch and manage road network traffic flow with a click of the mouse.

Love Analysis: What are the core values of "Digital Intelligence Green Wave" products for urban traffic management and people’s livelihood? What kind of cities and road sections are they mainly suitable for?

Fang Yi: From the working principle above, you can see that our "Digital Intelligence Green Wave" product is based on the Internet-side big data fusion calculation, and builds urban green wave belts at a very low cost to help urban traffic control departments build digital traffic management systems, perceive and analyze road profiles in real time, and provide rational construction suggestions to quickly improve the fine and intelligent control of urban road traffic signals, creating a safe, orderly, smooth and civilized road traffic environment for the masses to travel.

It is worth mentioning that our "Digital Intelligence Green Wave" product does not waste any sensors, but makes maximum use of the existing existing facilities and aggregates the data together to achieve "cross-domain data fusion" to provide mutual verification for the urban traffic control department. For example, in case of some extreme situations, the daily interactive traffic flow data changes rapidly, and the traffic control department can use its own data to calibrate the daily interactive traffic flow data; similarly, the daily interaction can also infer the unreasonable traffic facilities data of the traffic control department, and then complete it.

Figure: The main advantages of the daily interactive "Digital Intelligence Green Wave" product

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From the perspective of the scope of application, as long as it is a road section that has realized online control, it has the application basis of "digital intelligent green wave". At the same time, the daily interactive "digital intelligent green wave" product has its own set of metrics, such as the repetition rate of the number of vehicles entering a certain intersection and leaving the intersection, etc. We will make a comprehensive judgment based on the location of the road section and surrounding facilities. For example, we find that a road section is equivalent to a tunnel, and the repetition rate of cars entering and leaving is very high. Then we consider this road section to be a commuter road and suitable for green wave belts.

Love Analysis: It is understood that the daily interactive "Digital Intelligent Green Wave" products have been launched in Hangzhou, Wenzhou, Huzhou and other cities, and have received good feedback. So, can you systematically introduce the company’s construction ideas when helping urban traffic control departments implement the "Digital Intelligent Green Wave" project?

Fang Yi: From a physical perspective, the construction ideas of our Digital Intelligence Green Wave project can be divided into the following steps to achieve a closed loop from concept communication, diagnosis, design planning to scheme optimization and solidification.

The first is the concept submission. We will first throw out our understanding of urban traffic management, fully discuss with the traffic control department, and promote the two sides to reach an agreement on the concept; then, we will clarify the daily interaction based on the underlying data to empower the front-end business with intelligent algorithms, emphasizing the traffic control department, especially the front-line traffic police as the user experience, from the traditional industrial control field thinking mode to the Internet-oriented C-end thinking mode, improve the ease of use of the front end, and do not need to change any of the original urban traffic construction plan, which can be completed at a very low cost.

The second step is to start planning and design. The daily interactive "Digital Intelligence Green Wave" product uses the data of mobile Internet big data, traffic police departments and map service providers to automatically jointly calculate and generate roads suitable for green wave construction in cities, and supports manual intervention of recommended green wave road sections, which can be added, deleted and modified according to the actual situation. For example, in the Hangzhou Green Wave Belt project, we found more than 700 kilometers of roads suitable for green wave construction in Hangzhou based on our own measurement standards, and submitted their distribution map to the Hangzhou traffic control department for review and discussion.

The next step is to configure the green wave. Digital Intelligence Green Wave can combine road network data and data such as the speed and flow of corresponding road sections and intersections to intelligently recommend a number of road sections that are most suitable for the construction of the green wave belt, and calculate detailed green wave configuration plans to assist in the final green wave belt construction decision. The traffic police department can select specific road sections for the "green wave scheme" effect experience according to our recommendation results. Then, we use visual intersection stewards to achieve comprehensive input and visual display of green wave construction information such as signal infrastructure, channelization, and flow; at the same time, the road network stewards will integrate information such as road section length, historical vehicle speed, and road section characteristics to generate intelligent recommended vehicle speeds, providing speed guidance for the design of the green wave scheme and ensuring the green wave effect.

Next is the division of time periods and scheme design. Speaking of which, we have to mention the great advantage of our smart green wave products that are easy to use. Smart green wave supports the adjustment and optimization of green wave bands by simple dragging on the time and distance diagram. It can be adjusted individually according to different scenarios (schools, scenic spots), different time periods (morning, evening peaks, daytime peaks), different periods (working days, weekends), etc., and multiple green wave scheme designs for specific intersections and road sections can be carried out. The optimal green wave scheme can also be selected according to the monitoring data and control experience of the traffic control department on specific road sections.

Single-point optimization is also very valuable. In this link, we can combine intersection flow data, intersection characteristic data and intersection signal control data, and accurately optimize the single-point signal control scheme of all intersections in the area to produce a single-point recommended timing scheme divided by time period, which can be automatically or manually issued, or sent to the signal light control system after manual intervention of the single-point recommended timing scheme.

Finally, to the practice running and program optimization, solidification link. We will assist the traffic control department to optimize the overall and single-point green wave scheme in the selected road section for partial or comprehensive practice running, and real-time operation monitoring of the program effect, according to the actual regional, road network program application and then optimized, submitted to the city traffic control department for confirmation, so as to achieve the solidification of the green wave scheme for different intersections and different time periods.

Figure: Daily interactive intelligent green wave belt construction idea schematic

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In addition, from the perspective of specific service methods, the daily interactive "digital intelligence green wave" project construction process includes four steps of pilot mode, deployment, product use training, and product optimization and upgrading. During the pilot period, the daily interaction can provide some selected road sections of green wave belt construction and promise corresponding results, providing free training and free product iteration and upgrade services during the maintenance period.

Love Analysis: Can urban transportation be graded with reference to autonomous driving? What is the significance of this in helping smart city governance upgrade?

Fang Yi: Just as autonomous driving can be divided into five levels according to the degree of autonomy from "fully manual to fully automated", we believe that the degree of digital intelligence in urban traffic can also be graded according to the degree of intelligence in the control of traffic lights at various intersections in the city. Therefore, we have developed the "Smart Transportation 6L" classification concept.

Figure: Daily interactive "Smart Transportation 6L" grading concept

6L concept map.png

Level L1 means that there are signal lights at the intersection, which can be used for basic traffic control. Level L2 means that the signal lights at the intersection are connected to the Internet, and the traffic police can issue instructions remotely for single-point regulation. Level L3 is based on L2, and can perceive digital information such as the queue length and speed at the intersection through radar, cameras, geomagnetism and other equipment installed at the intersection, as well as big data on the Internet. Level L4 can analyze and model the data uploaded at the intersection to form a dynamic, data-guided closed-loop control. Level L5 is based on L4 to realize intelligent coordination of multiple intersections, such as the construction of "digital intelligence green wave belt". Level L6 is to achieve intelligent road management and control, that is, based on data modeling and analysis of regional road characteristics, business districts, schools, etc., it can achieve fine coordinated control of multiple intersections and comprehensively improve regional road functions.

The development process and scale of cities in our country vary greatly, and the investment progress of transportation infrastructure varies widely. Even in some relatively developed cities in the south, a large number of signal lights in the city may still be single-point level and have not been networked. Through the "Smart Transportation 6L" grading concept, the daily interaction can be based on the same language and measurement system with local traffic control departments to help cities find the specific coordinates of different intersections and road sections, and combine the urban transportation construction plan and budget of the year to communicate the upgrade plan of different intersections and road sections, such as upgrading from L1 to L2, or directly skipping to L3. At the same time, based on the agreed upgrade path, the daily interaction can complete the intelligent upgrade of urban transportation facilities at designated intersections and road sections within a certain period of time as agreed, and cooperate with cities to flexibly arrange the upgrade progress. This can greatly reduce the pressure on fiscal expenditure in each year, making the intelligent upgrade of urban transportation visible, controllable, and low-cost. It is expected that the daily interactive "digital intelligence green wave" products will initially be centered on the Yangtze River Delta and then rolled out nationwide.

03 Daily Interaction empowers domestic traffic intelligence with data intelligence core capabilities

Love Analysis: What are the plans for daily interaction in the future in terms of digitalization and intelligent upgrading in the field of transportation?

Fang Yi: In the field of transportation, we mainly have the following two aspects of planning:

In terms of urban transportation, as mentioned earlier, daily interaction will use big data in a very convenient way to achieve initial intelligence of urban transportation. The current is the "smart green wave" solution, and in the future, daily interaction will also use Wi-Fi sensing systems or other new road condition sensing systems in a more refined way, coupled with big data to close the loop, greatly reducing the construction cost of intelligent urban transportation.

In terms of high-speed transportation, Daily Interactive is currently cooperating deeply with Zhejiang Gaoxin Technology joint stock company, a subsidiary of Zhejiang Jiaotong Investment, to help it further deepen its expressway informatization business with DiOS data intelligent operating system; at the same time, Daily Interactive also uses its own technical capabilities to create an early warning system for abnormal situations on expressways, and actively participates in the management of abnormal situations such as highway throwing. Specifically, we use the high-speed "gantry" ETC data to calculate the instantaneous speed of each vehicle entering and leaving and the interval speed between the two gantries, and according to the speed and traffic flow changes between the gantries, combined with expressway cameras, quickly find problems on specific sections of the expressway and give timely warnings to reduce the risk of expressway accidents. At present, the early warning system for abnormal conditions on expressways has been able to detect abnormal sections in about one and a half to two minutes, and inform the expressway traffic police two to ten minutes before the accident so that they can arrive at the abnormal section in advance and quickly for processing. In the future, the daily interaction will further dig into the management scene of high-speed traffic, and continue to work hard to improve the informatization of expressways and reduce the accident rate of expressways.

Love Analysis: What other perspectives do you want to share on road network digitalization, urban transportation governance, and other aspects?

Fang Yi: Now there is a new trend in traffic governance to apply radar and video, but the cost and edge computing cost of this solution are relatively high. In recent years, our domestic computing resources have been greatly improved, but the computing power is ultimately limited, and the rational use of computing power resources has become the key to reducing costs and increasing efficiency. I think that many vehicles, especially new energy vehicles, are constantly emitting various wireless signals such as Bluetooth and Wi-Fi. If traffic management departments build wireless signals to build sensing devices above the ground rather than underground to manage traffic, the difficulty and cost will be much lower, and it will become a new paradigm.

"Digital Intelligence Green Wave" is the result of daily interaction and innovation for people’s livelihood needs. With the general trend of accelerating the construction of a transportation power, a network power, and digital, we are on the road of data intelligence at the right time, hoping to drive more social changes with data intelligence in the future.

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

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"Ip Man" premiere Li Wantong appeared in praise of Donnie Yen Hong Jinbao


Li Wantong


  China Broadcasting News on December 9, 2008, the end of the year kung fu blockbuster, reflecting a generation of martial arts guru, Bruce Lee master Ip Man’s legendary life story of the film "Ip Man" held a grand premiere in Beijing, in addition to starring Donnie Yen, Xiong Dailin, Ren Dahua and martial arts director Hong Jinbao, producer Huang Baiming and other main creators, just in the movie version of "Dream of Red Mansions" successfully played "spicy housekeeper Wang Xifeng" beautiful woman star Li Wantou and many other film and television stars were also invited to cheer for the film said to be the best-looking action movie in 2008, and claimed that it was worthwhile.


  Li Wantong, who is about to star in the kung fu blockbuster "King" with Hong Jinbao in 2009, has been working hard to practice kung fu recently. Although the film director has always emphasized that as long as there is enough, she still refuses to relax at all, saying that it is a very rare opportunity to work with such a kung fu superstar, and she must be prepared.


  In the espionage drama "The Final Contest", which is about to hit the national TV screen at the end of the year, Li Wantong plays the heroine Qin Muyao, an underground member of the Communist Party of China, who has already had a good time playing stars, but she said that those action scenes should not be comparable to the action scenes in real kung fu movies. Although the filming is also very clean, there is no very beautiful routine or very exciting action scenes in the end. She also hopes to take this opportunity to challenge herself and learn from Kung Fu kings like Hong Jinbao and Liang Xiaolong.


  For the movie "Ip Man", Li Wantong said that he had been looking forward to it for a long time, and now he finally saw it, and he was really shocked and moved. Donnie Yen, Hung Jinbao and Fan Shaohuang are all action actors he likes very much, and Ren Dahua is also an actor he admires very much. Ye Weixin and Huang Baiming are all Hong Kong directors he hopes to cooperate with very much. Their strength no longer needs to be described in words. The action movie they jointly produced will not disappoint fans. For the heroine of the film "Sister Cheng" Xiong Dailin, Wan Tong expressed his envy that she could act with Donnie Yen, and hoped that he could have such an opportunity in the future.



Li Wan Tong and Ip Man martial arts instructor Hung Jin Bao

Editor in charge: Liu Li

Tencent Music -SW rose more than 5%, continuously refreshed high profitability, steadily increased online music revenue and accelerated growth.

  Tencent Music -SW(01698) rose more than 5%, reaching a new high of HK$ 47.2. As of press time, it rose by 5.74% to HK$ 46.95, with a turnover of HK$ 6.6897 million.

  In the news, Tencent Music recently released its annual results for 2023, and the group achieved a total revenue of 27.75 billion yuan (RMB, the same below) during the period. The profit attributable to equity holders of the company was 4.92 billion yuan, up 33.8% year-on-year. Among them, online music service revenue increased strongly by 38.8% year-on-year, reaching 17.33 billion yuan (US$ 2.44 billion). Bank of America Securities pointed out that Tencent Music’s performance in the last quarter was stable, exceeding market expectations, driven by the increase in the number of music paying users and the promotion of ARPU. It is expected that the growth of its core music business will remain strong this year.

  Goldman Sachs said that Tencent Music has been one of the best performing companies in the China market in the past six months, and predicted that the company will continue to perform well in 2024. Mainly because of the operating leverage generated by the high incremental profits of the company’s music subscription and advertising, it further promotes the upward adjustment of the company’s profit forecast; After the New Year promotion, the average income per paying user (ARPPU) recovered, which led to the further growth of the company’s music service income; At the same time, the structural improvement of music payment tendency is driven by the continuous improvement of monetization strategy of Tencent Music.

A customized spring trip for grandparents! Two "Silver Hair" Inter-provincial Tourism Trains in Shaanxi Province

Western Network News (Reporter Chen Jiaxin correspondent Yu Hai Yang Tao) On March 18, two Y172 and Y78 tourist trains loaded with more than 1,700 tourists left Xi ‘an Station, all the way south, heading for Zhanjiang and Taizhou respectively, to start a wonderful spring trip. This is the first time that China Railway Xi ‘an Bureau Group Co., Ltd. (referred to as Xi ‘an Railway Bureau for short) has opened a "silver hair" inter-provincial tourist train this year, and it is also the first time that Shaanxi Railway has opened two trips on the same day.

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In 2024, Shaanxi Railway opened its first inter-provincial "Silver Hair" special train.

In order to help the "silver hair" economic growth and continuously enrich the spare time life of the elderly, Xi ‘an Railway Bureau has further expanded the tourism resources outside the province on the basis of the "silver hair" tourism special train from Xi ‘an to Tongchuan and Yaozhou in the early stage, and provided passenger transport products that meet the needs of the elderly. It is worth noting that the "Silver Hair" inter-provincial tourist train has launched different tourist routes based on the city’s scenic features and surrounding extended scenic spots on the basis of the original "car with people, night tour and scenic parking", and tourists can choose to play according to their preferences.

The special tourist train in Zhanjiang direction includes three tourist routes A, B and C, namely, witnessing Hong Kong, Zhuhai and Macao and traveling around South China, walking in Bama and living for 99 years, and panoramic view of Guangdong and southern Fujian customs, which can not only enjoy the scenery and explore the secrets, but also "buy in buy buy" to meet the rich travel needs of tourists to the maximum extent. The special tourist train in Taizhou direction includes many natural tourist attractions, such as Qianduo Scenic Area, Yingtaozhu Sakura Garden in Taihu Lake, Liyuan Garden, etc., so that tourists can enjoy flowers and boating in March in Yangchun and enjoy the beautiful scenery in spring.

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Elderly tourists ride in an orderly manner.

In order to improve the travel experience of elderly tourists, Xi ‘an Railway Bureau has arranged a special person to provide bus guidance service, equipped with full-time tour guides, and divided teams according to carriages to achieve "one car and one guide", so that passengers can "have a good time and swim with confidence". In addition, the reporter learned that in March, Xi ‘an Railway Bureau will also run tourist trains in popular directions such as Xi ‘an to Huangshan and Enshi, which will help the cultural tourism market continue to heat up.

In the next step, Xi ‘an Railway Bureau will also dig deep into tourism resources and enrich tourism products according to the seasonal characteristics of spring, summer, autumn and winter. On the basis of running the original tourist trains in the province, it will select high-quality scenic spots in various places and carefully design inter-provincial tourist routes, so that traveling by train and by special train will become a new fashion for tourism.

China Huarong officially announced that the liquidity crisis of Sunshine City, the parent company of Sunshine City, is expected to ease.

Our reporter Li Beibei reports from Shanghai.

With the support of policies, AMC (Asset Management Company) is accelerating its involvement in the real estate industry and becoming an important force to speed up the clearing of risks.

On August 5, China Huarong Asset Management Co., Ltd. (02799.HK, hereinafter referred to as "China Huarong") published a message on its WeChat account, revealing that recently, China Huarong and Sunshine Longjing Group Co., Ltd. (hereinafter referred to as "Sunshine Group") signed the Framework Agreement on Bailout Restructuring and held a meeting on strategic cooperation in bail-out.

Gao Gan, assistant to the president of China Huarong, said: "China Huarong will give full play to its rich experience in the field of problem enterprise bail-out and non-performing assets revitalization, and help Sunshine Group to bail out the danger and be reborn."

"Help Sunshine Group to bail out the danger"

On August 5th, China Huarong posted a message on WeChat, revealing that in order to implement the relevant requirements of the state on stabilizing the real estate market, ensuring the property and stabilizing people’s livelihood, and further promoting the virtuous circle and healthy development of the real estate industry, China Huarong has comprehensively promoted the bail-out cooperation with relevant market entities. Recently, it has signed the Framework Agreement on Bailout Restructuring with Sunshine Longjing Group Co., Ltd. and held a bail-out strategic cooperation meeting. However, as for the specific content of the framework agreement and the scale of bail-out, the article did not disclose it, and the telephone number announced by China Huarong official website also showed an empty number.

"China Huarong will give full play to its rich experience in the field of problem enterprise bail-out and non-performing assets revitalization business, and help Sunshine Group to bail out the danger and be reborn." On the same day’s strategic cooperation meeting, Gao Gan, assistant to the president of China Huarong, introduced that the rescue of Sunshine Longjing Group was a concrete measure to implement the requirements of the CPC Central Committee and relevant departments on resolving risks in the real estate market.

Lin Tengjiao, Chairman of the Board of Directors of Sunshine Group, said that in the face of liquidity difficulties and debt risks caused by economic downturn and COVID-19 epidemic, Sunshine Group actively carried out self-help, and this cooperation will add more powerful motivation and confidence to the future development of Sunshine Group.

According to public information, Sunshine Longjing Group is a family business jointly held by Lin Tengjiao and his brother Lin Weimin’s wife Wu Jie, among which Lin Tengjiao holds 98% of the shares of Sunshine Longjing Group. Through Sunshine Longjing Group, Lin Tengjiao and Wu Jie have invested in 12 enterprises, among which Wu Jie enjoys about 14.03% of the ultimate beneficial shares of the listed company Sunshine City (000671.SZ) and is the actual controller of Sunshine City; Lin Tengjiao’s ultimate beneficial share is about 13.18%.

In the second half of 2021, Sunshine City began to have a liquidity crisis, and then the company began to actively resolve it.

In order to solve the company’s debt problem, Lin Tengjiao raised funds everywhere, resigned from the director of Industrial Bank, moved nearly 4 billion yuan to subsidize Sunshine City, and cashed in the equity of Wanwuyun worth 3.052 billion yuan. In May this year, he also sold about 15% of his other listed company Longjing Environmental Protection (600388.SH, Fujian Longjing Environmental Protection Co., Ltd.) for 1.734 billion yuan.

As of June 23, the debt situation announced by Sunshine City shows that as of the date of announcement, the total principal amount of the company’s overdue debts (including loans from financial institutions, partners’ money, open market-related products, etc.) is 37.688 billion yuan, of which: in the open market, the unpaid principal and interest of overseas open market bonds totaled 165 million US dollars, and the unpaid principal and interest of domestic open market bonds totaled 13.391 billion yuan. In April this year, the central bank called a number of banks and five national asset management institutions (AMC) to hold a meeting to discuss the rescue of real estate enterprises in danger. Sunshine City was among the 12 real estate enterprises that were rescued at that time.

As of press time, the reporter of China Times failed to obtain detailed information about the above agreement from Sunshine Longjing Group (Sunshine Holdings) and Sunshine City Group. However, before that, on July 19th, Sunshine City Group emphasized to the reporter of China Times that Sunshine City is actively promoting the resumption of production of projects in various places. In 2022, the company will no longer aim at sales, but establish "ensuring delivery and production" as the most important task of the year.

At present, Sunshine City has set up a "10W+ Delivery Special Working Group" to implement a "one plan, one policy" for projects with risky delivery, and make overall arrangements for funds to ensure the payment of important and difficult projects with fast progress, great risks and wide influence; At the same time, communicate with suppliers, creditors and project partners to avoid passive shutdown of the project; For major and difficult projects that have fallen into passive shutdown, we will mobilize superior resources to support them and strive for the resumption of work and production.

Stimulated by the good news of China Huarong’s official bail-out, on August 5, Sunshine City closed at HK$ 2.05 per share, up 3.02%.

AMC stepped up admission

Official website showed that China Huarong was established on November 1, 1999. It is one of the four state-owned financial asset management companies established in response to the Asian financial crisis, defusing financial risks, and promoting the reform of state-owned banks and extricating state-owned enterprises from difficulties. It was listed on the main board of the Hong Kong Stock Exchange at the end of October 2015. The company’s main businesses include non-performing assets management, financial services business, and asset management and investment business, among which non-performing assets management is the core business of China Huarong.

According to public information, China Huarong has given a lot of support to real estate enterprises in danger during the year: before reaching a strategic cooperation with Sunshine City, China Huarong participated in the debt restructuring of Fantasia, and its Jiangsu branch signed a strategic cooperation agreement with Zhongnan Construction (000961.SZ) in May this year to support the company’s transformation and development; On August 2, China Huarong Beijing Branch reached a settlement with Xinhualian (000620.SZ) and its subsidiaries on two restructuring debts totaling 1.274 billion yuan.

In fact, since the end of 2021, regulators including China Banking and Insurance Regulatory Commission, the Central Bank, and the State-owned Assets Supervision and Administration Commission have voiced their support and encouraged AMC to resolve real estate financial risks by directly purchasing bank claims of housing enterprises in difficulty. In January 2022, the financial management department convened a meeting of several financial AMCs to study AMC’s participation in asset disposal, project mergers and acquisitions and related financial intermediary services of venture real estate enterprises in accordance with the principles of marketization and rule of law.

Encouraged by the policy, AMC, including China Huarong, is accelerating its entry into the ranks of housing enterprises.

According to the statistics of Kerry Real Estate Research Center, under the guidance of policies, China Cinda, China Huarong and Great Wall Assets have participated in the rescue of housing enterprises. "As a professional non-performing asset disposal institution, AMC’s entry is obviously beneficial to asset revitalization, liquidity improvement and debt risk resolution in the real estate industry. At the same time, the increase in the demand for disposal of non-performing assets has also brought more business opportunities to AMC. " Kerry Real Estate Research Center pointed out.

For example, on March 14 this year, Great Wall Assets, one of the four national AMCs, issued 10 billion yuan of financial bonds for real estate financial risk resolution; In April, Great Wall Assets signed a strategic cooperation agreement with China Communications Group. The two sides will cooperate in the fields of state-owned enterprise reform and restructuring, real estate industry risk resolution, "two non-two-capital" divestiture and disposal, and non-performing assets revitalization.

Kerry Real Estate Research Center emphasizes that in addition to national AMC, local AMCs will also accelerate their entry. For example, on July 19th, Zhengzhou Real Estate Group and Henan Assets jointly established Zhengzhou Real Estate Relief Fund, which participated in the relief work such as revitalizing the problem real estate and rescuing the housing enterprises in difficulty through asset disposal, resource integration and restructuring of consultants.

However, it is worth noting that some insiders pointed out that because many of their businesses are related to real estate, some AMC’s real estate risk exposure is not small. For example, in the 2021 annual report, China Huarong revealed that "the Group mainly conducts special opportunity investment business based on non-performing assets through subsidiaries such as Huarong Rongde. In 2021, Huarong Rongde’s net loss was RMB 661.6 million, mainly due to the deterioration of the operation and financial situation of some real estate enterprises’ customers and the decline of their performance ability. Huarong Rongde confirmed a large credit impairment loss in the current period. "

In the research report, Kerui Real Estate Research Center also pointed out that the cooperation process with AMC is still slow due to the uneven assets of real estate enterprises in danger and the complicated debt and creditor’s rights problems, and most of them remain in the agreement stage: "On the whole, the effect of the ‘AMC+ real estate enterprises in danger’ model remains to be further seen. In the period of exploring the way out, the industry still has to give priority to self-help, and survive the difficult period by means of debt extension, asset sale and other conventional means. "

Bai Wen Xi, chief economist of IPG China, bluntly told the reporter of China Times that the premise for AMC to give full play to the advantage of "disposing and sorting out non-performing assets" is to obtain the asset management right of the real estate enterprises in danger. "AMC can only become a supporting role and resource provider for these real estate enterprises to save themselves, but can’t become the leader of asset disposal, which naturally extends the actual effective period after AMC’s appearance." Bai Wenxi said.

Editor in Charge: Zhang Bei Editor in Chief: Zhang Yuning

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