标签： 魔都新茶论坛

The spread of COVID-19 epidemic around the world has brought great impact on the world economy, especially on international trade. In Guangdong, a major foreign trade province in China, the total import and export volume decreased by 11.8% in the first quarter of this year, of which exports decreased by 14.4%. A large number of foreign trade enterprises are facing the dual pressures of insufficient supply of raw materials and reduced orders.

In the interview, the reporter found that with the continuous acceleration of export tax rebate and the implementation of a package of preferential policies to support epidemic prevention and control, the pressure and burden of export enterprises have been reduced, and they have used the saved funds on the "cutting edge" and quickly responded to the new situation of foreign trade by changing production and reselling, and achieved a breakthrough against the trend.

Tax "blood transfusion" to help enterprises tide over the difficulties

In contrast to the obvious decline in foreign trade data, it is the steady increase in tax policy support.

According to statistics, in the first quarter of this year, the tax authorities of Guangdong Province handled 65.674 billion yuan of tax refund for 35,000 export enterprises in the province, and the proportion of "non-contact" processing was nearly 100%. Since February, the average processing time of export tax rebate in the province has been shortened to five working days, which is half of the national average processing time last year.

Guangdong Yuanhua New Materials Co., Ltd. is a production-oriented export enterprise specializing in household products such as anti-skid mats and yoga mats. Due to the foreign epidemic, the company’s export orders have been greatly reduced, and its sales in March decreased by nearly 50% compared with the same period last year. After learning about this situation, the tax department of Foshan City immediately provided online guidance to enterprises to submit export tax refund applications, and at the same time strengthened communication and coordination with the state treasury, and soon returned the tax to the enterprise account. Wang Lianzhen, the company’s financial controller, said: "The export tax rebate of nearly 3 million yuan has reduced our financial pressure and enhanced our confidence in the follow-up development."

While production-oriented enterprises enjoy the rapid "blood transfusion" of export tax rebate, many enterprises engaged in cross-border e-commerce and foreign trade transactions have also received tax relief packages to varying degrees.

Huizhou Chuanghui Plastic Co., Ltd. is a small and micro enterprise, mainly producing plastic toys, all of which are exported to Europe, America, Canada and other places. Affected by the epidemic, the turnover of enterprises fell by 60%, while the cost of manpower and logistics increased a lot, which made business operators "under great pressure". Yu Zhiqiang, the person in charge of the company, said: "The export tax rebate exceeding 30,000 yuan and the social security fee reduction of 75,000 yuan have solved our urgent needs and added a bit of confidence for enterprises to tide over the difficulties."

In order to help foreign trade enterprises meet the challenges, State Taxation Administration of The People’s Republic of China Guangdong Provincial Taxation Bureau has specially set up ledgers for key industries and major export enterprises, deeply understood the impact of the epidemic on enterprises and their demands, and adopted a series of targeted measures to ensure the stable operation of the foreign trade industrial chain supply chain.

Moving to China, the new platform has new opportunities.

At present, many foreign trade enterprises are actively catering to the new market situation and new trends.

Exporting to domestic market is a self-help method chosen by many foreign trade enterprises. The trend of new industries, such as 5G and industrial Internet, has enabled Jinbao Electronics (China) Co., Ltd. to "sniff" business opportunities.

"After discussion, we decided to access the regional 5G supply chain and provide base station equipment, wireless modules and other products for well-known domestic communication enterprises, from foreign trade to domestic sales." Liu Yuanhua, the company’s financial manager, said, "Thanks to the help of the tax department on the road to transformation, we dare to take a bold step." He said that the tax reduction red envelopes that have been received in succession have revitalized the company’s capital flow and enabled the company to invest more capital in optimizing production equipment and production processes for domestic customers.

At the same time, the market transformation drives a series of adjustments in the development and operation of enterprises. How to apply for the certificate of enterprises turning to domestic sales? How to connect the departments of taxation, customs and foreign exchange management? After learning about Jinbao Electronics’ demands, the tax department of Dongguan City quickly formed a special group to provide one-on-one counseling to help enterprises establish a new tax-related management model and follow the trend of "transformation".

For the enterprise itself, "export to domestic sales" is the beginning of accelerating the layout of the domestic market, and Guangdong Yuanhua New Materials Co., Ltd. has a similar plan. During the epidemic, the popularity of home fitness products continued to rise. Concerned about this trend, Yuanhua New Materials quickly adjusted its marketing strategy and turned to domestic sales.

In order to attract more potential customers and increase customer stickiness, the company aims at the needs of domestic consumers while accelerating cooperation with online e-commerce, and promptly adjusts the product delivery structure. "The fast tax refund has increased the capital’ living water’, and we immediately invested in product research and development to accelerate the development of new fitness products with both fashion sense and scientific and technological content." Wang Lianzhen said: "The tax department also counseled us to publish product information on the Zhilian platform of Guangdong tax industry chain to help us further expand our sales."

At present, adjusting the direction of production and sales in line with market demand has made Yuanhua new materials catch the "express train" of domestic sales, and the company’s sales in March have doubled compared with that in February.

Demand-oriented, cross-border transformation and new development

In order to better adapt to the new foreign trade environment, many enterprises also seize business opportunities from crises and difficulties by adjusting their development strategies in time, expanding markets and grasping orders. When the epidemic broke out, Gree Electric made emergency cross-border production of epidemic prevention materials such as masks to help the global fight against the epidemic.

After learning the news of cross-border production of epidemic prevention materials in Gree Electric, the Guangdong provincial tax authorities immediately used big data to help them get through all production links. The tax department of Zhuhai has specially established the "Gree Department" service WeChat group to provide real-time tax analysis suggestions to enterprises.

There are many examples of enterprise innovation and change under the new situation. As the representative of cross-border e-commerce in Hengqin, Cross-border Network Technology Co., Ltd. enjoys the unique advantages of Macao-China-Portugal platform. During the epidemic period, the company launched the "anti-epidemic plan-global collection of medical materials" to ensure the supply and sales of epidemic prevention materials.

In this process, the tax department of Hengqin New District of Zhuhai actively uses tax big data to bridge the gap between cross-border companies and hundreds of enterprises such as Hengqin Enterprise Park, and timely implement tax incentives for cross-border companies. "The efficient and meticulous service of the tax department allows us to fully enjoy policy support." Zhou Yunxian, head of Cross-border Network Technology Co., Ltd. said.

Policy support continues to increase. The the State Council Standing Committee held on April 7th decided to play a set of "combination boxing" to stabilize the basic foreign trade and foreign investment. Among them, the Canton Fair, as the weather vane of the national foreign trade industry, will be held online for the first time in June this year. According to the work arrangement, the Guangdong Provincial Taxation Bureau will "move" the tax publicity and counseling online at that time, and it is expected to provide publicity and counseling services for 25,000 exhibitors.

With the support of tax policies and tax authorities, a large number of Guangdong enterprises have launched a double upgrade of operation and management, which has accelerated the pace of Guangdong’s foreign trade stabilization and recovery. From the economic data in March, this positive trend has been reflected: in March, the added value of industrial enterprises above designated size, investment in fixed assets and the decline of import and export in Guangdong Province narrowed by 18.5, 12.7 and 9.3 percentage points respectively compared with January and February.

　　After the palm oil futures price broke through the 8,000 yuan/ton mark in mid-March, Tomb-Sweeping Day rose strongly to a nearly one-year historical high of 8,572 yuan/ton that week, driven by market bullish sentiment. However, due to factors such as the fall in crude oil prices and the cooling of biodiesel theme, the main contract of palm oil fell by more than 4% after the holiday, and then it started a high and narrow oscillation trend. With the end of Ramadan, it is expected that the production of producing areas will begin to recover, and palm oil inventories are expected to have a bottom inflection point in the second quarter. Domestically, the upside-down import profits restrict the purchase, and palm oil stocks are difficult to accumulate. Under the internal and external lido resonance, palm oil is expected to continue to lead the oil market in the short term.

　　Malaysia continues the destocking pattern.

　　Due to the Eid al-Fitr holiday, the release of the monthly supply and demand report of Malaysian Palm Oil Bureau was postponed to April 15th. A few days ago, both Bloomberg and Reuters released forward-looking data, and their expectations of limited recovery of Malaysian palm oil production in March, rapid export growth and continued storage were relatively consistent. Forward-looking data show that palm oil production is 1.36 million-1.38 million tons, an increase of 8%-9.76% from the previous month. From the export point of view, the hoarding of palm oil by traders during Ramadan and Eid al-Fitr has a strong stimulus to the export of producing areas, which is about 1.23 million tons, an increase of 21% from the previous month. Foresight data predicts that Malaysia’s palm oil inventory in March will be 1.76-1.79 million tons, falling to the lowest level since July last year for five consecutive months, with a decrease of 6.65%-8.33%, mainly due to the limited recovery of Ramadan production and the expected increase in downstream purchase demand.

　　Since March, the import cost of palm oil has continued to rise. As of April 7th, the FOB price of palm oil in Malaysia was US$ 1030/ton, the CIF price was US$ 1035/ton, and the import cost price was RMB 9013/ton. Poor import profits restrict domestic palm oil from buying ships. From the demand side, under the high spot price, the downstream trading situation did not improve significantly. Due to the continuous narrowing of the spread between soybean and palm oil, soybean oil occupied the palm oil consumption side obviously. The downstream of palm oil is mainly purchased by food factories, and the transaction volume is low. According to the statistics of Steel Federation, as of the week of April 7, the turnover of palm oil in key oil plants nationwide was 1,720 tons, while that of palm oil in key oil plants last week was 3,900 tons, with a decrease of 2,180 tons or 55.89%. The commercial inventory of palm oil in key areas of the country was 529,650 tons, a decrease of 36,400 tons or 6.42% compared with last week; Compared with last year’s 939,300 tons, it decreased by 409,700 tons, a decrease of 43.61%.

　　The price difference of competing products fell to a historical low.

　　Since 2024, the price difference between bean brown and vegetable brown has continued to decline. By the end of Tomb-Sweeping Day, the spread of 2405 contract bean brown had fallen to a historical low of 662 yuan/ton, and the spread of 2405 contract vegetable brown had fallen to a historical low of 316 yuan/ton. Since March, the fundamental logic of the three major oils and fats in the inner market has been divided. In the second quarter, the expected arrival of domestic imported soybeans and rapeseed in Hong Kong increased greatly, with the monthly arrival of imported soybeans exceeding 10 million tons in the second quarter, while the overall boost of the catering industry on the demand side was relatively limited, and the expected strong supply and weak demand limited the space above the bean vegetable oil.

　　South America’s soybean harvest season is gradually released, and the market enters the price-led cycle of the US soybean planting season, and the weather theme may start trading. The DMO policy of palm oil producing areas has been adjusted, which has benefited the market. At the same time, Ramadan has slowed down the recovery of production in producing areas and boosted export demand. It is expected that the producing areas will begin to accumulate stocks in the second half of the second quarter. Against the background of short-term tight internal and external supply, global palm oil prices still have boosting expectations. Domestic palm oil is affected by poor import profits, and the purchase of ships in the second quarter is relatively low, and the inventory is still expected to go down.

　　Looking forward to the market outlook, the trend of the oil and fat sector will continue to differentiate in the second quarter, with short-term palm oil performing the strongest, while soybean oil and vegetable oil performing weakly. With the gradual recovery of palm oil production, the unilateral upside of palm oil will gradually narrow, and the spread between bean palm and vegetable palm is expected to rebound. (Author: Guoyuan Futures)

According to the latest statistics of domestic automobile retail sales released by china automobile dealers association (Passenger Association), the domestic passenger car market in OctobercarRetail sales reached 1.033 million vehicles, up 9.6% year-on-year and 6% quarter-on-quarter; The cumulative sales volume from January to October was 8.222 million vehicles; Among them,compact carThe sales volume was 271,000 vehicles, accounting for 26.2%.

The following is the top 60 list of domestic compact car sales in October:

BYDQin PLUSRanked first with a sales volume of 39,808 vehicles;LAVIDARanked second with a sales volume of 32,365 vehicles;sylphyRanked third with a sales volume of 31,942 vehicles.SAGITARRanked 4 th with a sales volume of 22,822 vehicles;Destroyer 05Ranked fifth with a sales volume of 22,055 vehicles;EscapeRanked sixth with a sales volume of 15,846 vehicles;XingruiRanked 7 th with a sales volume of 14,035 vehicles;Ariza 8Ranked 8 th with a sales volume of 13,307 vehicles;EmgrandRanked 10 th with a sales volume of 10,127 vehicles;CIVICRanked 13 th with a sales volume of 7,836 vehicles;CorollaRanked 14th, with sales of 7397 vehicles;BoraRanked 15th with sales of 7,166 vehicles.

RalinkRanked 17 th with a sales volume of 6,635 vehicles; Chang’anUNI-VRanked 20 th with a sales volume of 5,575 vehicles; Morris GaragesMG5Ranked 22 nd with a sales volume of 4,621 vehicles;Lingke 03Ranked 23 rd with a sales volume of 4,464 vehicles;Coe Lu ZeRanked 24 th with a sales volume of 4,296 vehicles;Audi A3Ranked 26th, with sales of 3,509 vehicles;golfRanked 27th, with sales of 2,973 vehicles.

CheryFengyun A8Ranked 31 ST with a sales volume of 2,248 vehicles; mazda3AxelaRanked 32 nd with a sales volume of 2,229 vehicles; Chang’anQiyuan A05Ranked 35 th, with sales of 1912 vehicles;AI Ruize 5Ranked 36 th with a sales volume of 1,884 vehicles;Shadow leopardRanked 38 th with a sales volume of 1,602 vehicles;Mercedes-benz class aRanked 39 th with a sales volume of 1,568 vehicles; luckyGeometry aRanked 44 th with a sales volume of 1,100 units;Peugeot 408Ranked 45th, with sales of 1,020 vehicles.

At present, in the compact car market, BYD Qin PLUS has no car to shake its position as the king of sales, and the sales of joint-venture fuel cars, cars and cars are still firm, while the sales of cars such as cars, cars and cars have been greatly reduced, and Buick’s sales in October are even only a few hundred; The performance of domestic fuel vehicles, cars, cars and other models is still relatively stable.

　　Huawei’s Mate XT Extraordinary Master and Apple’s iPhone 16 series mobile phones were also officially launched on September 20 after the new product launch conference was held at the same time.

　　After the official launch on September 20th, Huawei Mate XT Extraordinary Master Series, the world’s first three-fold screen mobile phone, snapped up direct "second light" online. It is understood that the official stores of Huawei Mate XT Extraordinary Masters are currently out of stock, and some third-party stores need to increase their prices even if they have goods, such as the 16GB+512GB (Ruihong) model. The price of Huawei Mall is 21999 yuan, and the price of the same mobile phone in the third-party stores of JD.COM Mall is 36999 yuan, which is 68% higher than the official price.

　　Similarly, the newly-launched Apple iPhone 16 series phones are also queued in Apple stores, but most of Apple’s flagship stores in JD.COM are sold in stock. For the hot-selling phenomenon of Huawei Mate XT extraordinary master series and Apple iPhone 16 series mobile phones, some institutions believe that it will have a positive incitement to the development of Huawei’s industrial chain and Apple’s industrial chain.

　　Huawei and Apple Promote Iteration of Mobile Phone Technology

　　Three-fold screen, Apple intelligent system comes out

　　Huawei Mate XT is the world’s first three-fold screen mobile phone, while Apple iPhone 16 series mobile phones are integrated into its own AI technology system-Apple Intelligence.

　　IPhone 16 is Apple’s first smartphone built around AI. In the autumn conference of Apple with the theme of "highlight moment", Apple released the iPhone 16 series and iPhone 16 Pro series, and also released new wearable devices such as AirPods 4 and Apple Watch Series 10. In terms of chips of iPhone 16 series and iPhone 16 Pro series, the standard version of iPhone 16 is equipped with A18 chip, and the flagship model of iPhone 16 Pro/Pro Max is equipped with A18 Pro chip. A18/A18 Pro bionic chip adopts the world’s first batch of second-generation 3nm process, and the transistor is smaller, faster and more energy efficient. Adopt the latest Armv9 instruction set architecture, equipped with 6-core CPU(2 performance cores +4 energy efficiency cores); There is also a 16-core neural network engine optimized for running large generative AI models. Compared with A16 bionic chip used in iPhone 15, the new neural engine machine learning speed is up to 2 times.

　　According to Sribalan Santhanam, vice president of Apple’s silicon engineering team, the CPU of A18 Pro is "the fastest CPU in today’s smart phones", which has a larger cache than A18, saves more power in handling complex tasks, and has a new generation of machine learning accelerator built in, which can help drive Apple Intelligence. The difference between A18 Pro and A18 is also reflected in the number of GPU cores. Among them, A18 Pro is equipped with 6-core GPU and A18 is equipped with 5-core GPU.

　　At the Apple conference, the demonstration of Apple Intelligence was the highlight, and Apple Intelligence has always been regarded as a milestone in the development of end-side AI. In the demonstration, Apple Smart can help users to generate emoticons and generate summaries for emails, messages and notifications, but the Apple Smart function failed to be installed in the iPhone 16/iPhone 16 Pro series mobile phones at the first time. It is understood that Apple Smart is expected to launch a beta version of English in the US market in October, and the China market will be launched in 2025. In the official version of iOS 18 pushed by Apple to iPhone users on September 17, Apple’s smart related functions did not appear.

　　In terms of price, the price of iPhone 16 equipped with A18 is 5999 yuan, and the price of iPhone 16 Plus is 6999 yuan. The iPhone 16 Pro equipped with A18 Pro starts at 7999 yuan, and the iPhone 16 Pro Max starts at 9999 yuan.

　　On the same day that Apple held a new product launch conference, Huawei saw the extraordinary brand ceremony and HarmonyOS Zhixing held a new product launch conference in Shenzhen. At this conference, Huawei officially launched the world’s first mass-produced three-folding-screen mobile phone Mate XT extraordinary master, and at the same time launched new products such as the M9 five-seat model and the first smart coupe SUV Zhijie R7.

　　According to the introduction of Huawei Mall, the extraordinary master of Huawei Mate XT has achieved many technological breakthroughs, such as Huawei Tiangong Hinge System, which has achieved internal and external bending for the first time, and at the same time relied on unique innovative technology to achieve slimness of the whole machine. For another example, the screen of this product adopts laminated design and uses the industry’s largest ultra-thin flexible glass (UTG), which has strong impact resistance. From the user’s point of view, Huawei Mate XT extraordinary master can provide a better office and entertainment experience, such as providing AI empowerment for users’ work and study through the Pangu model, and opening up the boundaries between mobile phones and computers.

　　At the new product launch conference, Yu Chengdong, managing director of Huawei and chairman of BG, said that behind the launch of the three-folding-screen mobile phone was Huawei’s continuous in-depth research and development in the fields of imaging technology, folding hinge and basic material science. This mobile phone realized the industry-leading technologies such as a new generation of double-rotating water drop hinge, ultra-reliable Kunlun glass and non-Newtonian fluid inner screen.

　　Regarding the release of Mate XT, Liu Xingliang, an expert from the Ministry of Industry and Information Technology, said that this marks another major breakthrough in folding screen technology of Huawei, a microcosm of Huawei’s technological innovation and a new starting point for the development of the entire smartphone supply chain.

　　According to the information of Huawei Mall, Huawei Mate XT Master currently has two colors and three versions, namely 16GB+256GB, 16GB+512GB and 16GB+1TB, and the prices are 19999 yuan, 21999 yuan and 23999 yuan respectively. Before Huawei released the mobile phone, the number of reservations in Huawei Mall exceeded 3.4 million, and before the official launch on September 20, the number of reservations had exceeded 6.85 million. After the official sale, Huawei Mate XT extraordinary master series mobile phones are sold online every day, that is, every second, and they are out of stock.

　　Many organizations expect that the launch of new products from Apple and Huawei will promote the arrival of mobile phone replacement, and also bring new development opportunities to related supply chains.

　　Apple’s mobile phone "super cycle" is difficult to reproduce.

　　Yongxing Securities pointed out in the newly released research report that "the extraordinary master of Mate XT launched by Huawei and related industrial chains are expected to continue to benefit. Mate XT’s unique design includes two hinges, one folding inward and the other folding outward, enabling the device to form a zigzag fold. When fully unfolded, it will show a 10.2-inch OLED display with a resolution of 2232×3184 and an aspect ratio of 16:11. We believe that with the release of new folding screen mobile phones, relevant industrial chains are expected to continue to benefit. TechInsights predicts that the global shipment of iPhone 16 series will reach 73 million units in 2024, and related industrial chains are expected to continue to benefit. The iPhone 16 Pro Max is expected to become the highest-selling model of the iPhone 16 series, accounting for 35% of the total sales. We believe that Apple’s press conference may promote the process of user replacement, and related industrial chains are expected to continue to benefit. "

　　According to the data of iResearch, in the folding screen mobile phone market in the first half of the year, Huawei occupied 42% of the market share, while in the ultra-high-end market of more than 10,000 yuan, Huawei’s market share reached 67%. According to IDC’s forecast, in 2024, the China folding screen mobile phone market shipped about 10.68 million units, a year-on-year increase of 52.4%; By 2028, the shipment of folding screen mobile phones in China will exceed 17 million units, with a five-year compound growth rate of 19.8%. IDC predicts that China’s folding screen mobile phone market will occupy about 40% of the global market share for a long time.

　　In terms of Apple, there have been two rounds of "supercycle" in Apple’s history, one was caused by the iPhone 6 series and the other was caused by the iPhone 12 series. The former met the needs of Apple users for large-screen mobile phones, while the latter was based on 5G connection and all OLED displays. Take the iPhone 12 series as an example. The product series was released in October 2020, and by April of the following year, the sales volume of the whole series of mobile phones exceeded 100 million.

　　However, although the newly released iPhone 16 series this year includes a number of innovative technologies including Apple Intelligence, the newly released report of market research organization Counterpoint Research believes that Apple’s intelligent function has limited boosting effect on iPhone 16 sales, so it is unlikely that there will be a sales "supercycle" this year. The report predicts that there will be no sales blowout in the short term.

　　Multi-folding screen and apple industry chain viewed by institutions

　　In the secondary market, institutions have looked at the multi-fold screen industry chain and the Apple industry chain.

　　For example, Yongxing Securities believes that the folding screen benefits from the release of the new Android machine, and it is recommended to pay attention to (), (), Tonglian Precision, (), (), (); In terms of Apple’s industrial chain, thanks to the release of the new iPhone, it is suggested to pay attention to (), (), (), () and so on.

　　From the perspective of consumer electronics industry chain, Haitong Securities is actively optimistic about consumer electronics materials and consumer electronics components & assembly and other sub-industries. In the recent research report, it believes that in terms of consumer electronic materials, it is recommended to pay attention to (), (), () and Shihua Technology; In terms of consumer electronic components & assembly, it is recommended to pay attention to (), Luxshare, (), Lingyizhi, Lansi Technology, (), Pengding Holdings, (), (), Changxin Technology, Shunyu Optical Technology (Hong Kong stocks), Gaowei Electronics (Hong Kong stocks), Dongshan Precision, (), () and ().

　　Take Dongshan Precision recommended by Yongxing Securities and Haitong Securities as an example. Some investors asked the company in Shenzhen Stock Exchange: "Huawei Extraordinary Masters released more than 3 million reservations, and Apple released 16 with its own AI function. It is expected that the replacement boom will come soon. Will your PCB orders increase?" On September 12th, the company replied, "The company’s electronic circuit sector mainly serves customers in consumer electronics, new energy vehicles, servers, industrial control, communication equipment, medical care and other industries, while paying attention to the application of new technologies and new products, attaching importance to R&D, innovation and product upgrading, and striving to enhance the company’s market position and core competitiveness."

　　In the secondary market, the Apple Index rose by 0.22% from September 10 to September 24, and the interval showed that it first fell and then rose. Among the 50 constituent stocks, there are 7 companies whose share prices have increased by more than 5%, among which the market value of Industrial Fulian and Luxshare exceeds 100 billion yuan (see attached table).

　　Attached Table Companies with Top Recent Increases in the Share Price of Apple Index Components

　　It should be pointed out that,LuxshareThe reason for the stock price surge may not only be related toappleThe new machine is released. Orient securities summarized in three aspects in his recent research report.LuxshareAdvantages: First, precision manufacturing.platformB-type leading benchmark, with broad prospects for diversified business layout; Second, the innovation cycle of AI empowering major customers in North America has started, and the consumer electronics business is in the ascendant; Third, "communication.+"Automobile" opens the second growth curve, accumulating deep card positions and making a clear and rapid start.

It is a set of speed change device used to coordinate the rotational speed and the actual driving speed, which can expand the range of rotational speed and torque, thus making full use of the efficiency interval. Under this demand, the larger the speed range, the better the power and performance. However, simply increasing the speed range will increase the gear ratio gap of each gear, which is not only not conducive to power connection, but also will increase the sense of frustration when shifting gears, and multi-gear has also emerged.

Today, with more than seven gears, AT, DCT and CVT are in full bloom. But in the early years, many car companies chose in unison. So, which companies designed and manufactured these? What’s the difference between them?

&

Representative models: cash,, the previous generation.

Although they are competitors, they are close. Both the new generation 9AT/10AT and the previous generation are jointly developed by the two companies. Among them, the grades of the previous generation were 6F35 series, 6F50 series and 6F55 series according to the transmitted power.

This can’t take care of both the quick shift response and the logic is very clear. In cash, its response is relatively rapid, especially in sports mode, and its response is more sensitive, but it will feel a slight setback when switching from first gear to second gear; But on the previous generation, this model performed very smoothly, but when stepping on the accelerator deeply, the reaction was a little hesitant.

Representative models: Angkor Sela, CX-4,

Although it is not the first group of Japanese car companies, it is really one of the best experiences in 500 thousand. This model is jointly developed by Aisin and produced by. Having said that, as well as the redesign of the locking mechanism, the control part is also calibrated separately, and the gear ratio, control unit and layout of the two are completely different. Only the CAN bus still retains the shadow of Aisin, so it can be said that these two models are different.

Many consumers who have driven Angkor Serra or other cars have said that these two models have a great driving experience. It not only responds quickly, but also seems to be quite excellent. Because all gears are locked, this model has high transmission efficiency, which is also a lower level in its class.

Ai Xin Jing Ji

Representative models:,, 5008,,, AX7, previous generation, cash RVA4, MINI COOPER.

Aisin believes that everyone is familiar with it. It is carried in many 100,000-200,000 domestic models and some joint venture models. This model can be recognized by so many enterprises because it has relatively low cost and first-class reliability.

After a few domestic brands with weak strength use this model, there will be a phenomenon of shifting gears in low gear; On most domestic cars, the performance of this Aisin is mainly smooth, and the response speed of downshifting is slightly slow; In the pursuit of maneuverability of small steel guns (such as MINI COOPER), its response speed is faster, but it will also sacrifice more.

I

Representative model: the previous model

Maybe everyone knows less about I. This is a company from Australia, focusing on and. It had a glorious history, but with the company’s production reduction in Australia and the company’s bankruptcy, I’s output plummeted by more than half and entered bankruptcy proceedings, and was subsequently acquired.

For the first time, it was produced with I. In fact, it was remarkable at that time, but the speed of downshifting was a bit urgent, and its transmission efficiency was less than 80%, so many consumers reflected higher performance than their peers. However, this model is mature in technology and technology, so its reliability is good, and its service life is as long as 250000km.

Paiwotai

Representative models:, cash,,

Paiwotai is a specialized subsidiary of Korea Group, and its technology is more advanced than I. At present, most of the models on the market are made by Pawotai, and many models in China are from Pawotai.

The mid-term change has been replaced with a brand new one. This model continues the old model, although it will not make the dynamic performance of the vehicle more radical, but it has also been reduced a lot due to the improvement of transmission efficiency. The 1.8T automatic transmission of the old model was about 10.5L, while the current model was reduced to 9.6L.

Dongan automobile power generation

Representative models:

Strictly speaking, there is only one enterprise that can produce in China, and it is Dongan Automobile Development (affiliated to Changan Group). The comprehensive performance developed by Dongan is almost the same as that of Aisin, and of course the price is similar. It is worth mentioning that Dongan’s is provided by SACHS, and the latter also provides supporting facilities for ZF.

Although Dong ‘an has good performance, its annual production capacity is only 200,000, so it can’t provide supporting facilities for CS55, CS75, and other models with huge sales volume. Therefore, at present, it is only carried on CS75 trial cars and other niche models. On the body, the biggest feature of this model is smoothness, and the shift logic also belongs to the excellent level of 100,000 domestic products.

Promotion Dates: 2021-02-04 to 2022-07-16

20 models of S450 four-wheel drive long axle, foreign original factory installation kit, Mercedes-Benz designated modification factory, Hephele, original parts. The product name is Hephele, and the Mercedes-Benz Maybach S450 adopts a light-colored design, which fully reflects the luxurious beauty of Mercedes-Benz, and the instrument panel is still a dazzling LCD design. Adopt a new Air-Balance air balance system, and provide agarwood perfume for this in-car fragrance component, making the car filled with the charming smell of agarwood. The exhaust pipe is still divided into double-sided and double-sided four-out, no matter which one fits the body better than the current S-class exhaust pipe.

[The consultation phone number is at the bottom of the article, please contact the dealer for details]

　

　HOFELE was born in Stuttgart, the center of the German automotive industry. It has been a company specializing in automotive design and customization for 33 years. It has the car production qualification certification of the German Ministry of Transport KBA, and HOFELE is also the official brand authorized partner of Mercedes-Benz. The innate business sense of machinery has given the Hofele family an advantage in entering the automotive field. In 1974, the Hofele brothers participated in several rallies, and their "HOFELE racing car" with unique body paint always became the focus of the paddock, which laid the foundation for the establishment of HOFELE-DESIGN in the future.

　The HOFELE logo replaces the original three-pronged logo, highlighting its unique custom identity. The specially designed blades and frames for the air intake grille and front bumper change the temperament of the front face of the vehicle. The upgraded B-pillar chrome trim, with silver Mythos multi-frame alloy wheels, makes the vehicle look more sparkling. A high-brightness and sturdy chrome trim runs through the entire rear of the car, and the words "HOFELE" are also engraved on it, ensuring that this HOFELE MAYBACH S450 4MATIC is unique from any angle of the body.

　Open the door, and the chrome-plated welcome pedal with lighting function first comes into view. The car is equipped with luxury configurations such as carefully debugged ambient lights, sunroof, massage seats, and high-end audio. Deep colors and luxurious interior style complement each other. It is worth mentioning that in the design of the seats, HOFELE MAYBACH S450 4MATIC front and rear two-color seats are made of comfortable leather with openings in the middle, and the top-quality Alcantara material is selected to make headrests and floor mats, so that passengers can get a perfect experience when they come into contact with the vehicle, showing their ingenuity. Through the interpretation of aesthetics and luxury style, the outstanding HOFELE luxury custom series has been created together.

The lower part of the new Mercedes-Maybach S450 bumper is decorated with more chrome-plated elements, highlighting its unusual status; the elegantly stretched arched roof contour creates a sense of space, showing a confident atmosphere. With the large wheelbase, the new generation of Mercedes-Maybach S 450 shows the dynamic and elegant temperament. The rear end design of the Mercedes-Maybach S450 is full of domineering and confident style, fully demonstrating the endless power and powerful dynamic performance of the Maybach S 450 sedan, no matter what high-tech drive system is equipped, it can be handled calmly.

Mercedes-Benz Maybach S450 is an ultra-luxury brand under Mercedes-Benz. It currently has a new generation Maybach S 450 4MATIC model for sale in China. The online car market obtained a set of new-generation Maybach S 560 4MATIC model information from the National MIIT. The new Mercedes-Benz Maybach S450 is equipped with a new 4.0T V8 twin-turbo engine, which far exceeds the 3.0T engine carried by the current Maybach S 450 4MATIC.

Maybach, the legendary name, was able to return again because of Mercedes and re-entered the market as a high-end luxury sub-brand of Mercedes-Benz. What remained unchanged was that it was still a top luxury sedan, representing the highest level of the world’s car manufacturing industry. Finally, the key was finally changed, and finally it didn’t have to be the same as the E-Class, C-Class, etc.

Original title: Haval second generation big dog officially listed in Qingdao, plug-in hybrid version price 162,800 yuan!

Source: Popular Newspaper · Peninsula News

Original title: Haval second generation big dog officially listed in Qingdao, plug-in hybrid version price 162,800 yuan!

Source: Popular Newspaper · Peninsula News

On March 11, Haval Dog’s first new energy model – "3/4 scale tide road car" Haval second-generation big dog was officially launched in Qingdao. The new car launched DHT-PHEV 105KM tide electric version Plus and DHT-PHEV 50KM tide electric version 2 models, the official guide price is 162,800 yuan~ 175,800 yuan. It is worth mentioning that the reporter also experienced this new energy off-road SUV of "Kecheng, Kecheng, Kecheng" in depth at the listing site!

Appearance: New front face shape enhances recognition

Haval’s second-generation big dog adopts a new front face shape. The small front grille is a chrome-plated matrix design inside, and the left and right sides are large-diameter air intakes. It cooperates with the Haval brand logo above the center to improve its recognition. At the same time, the plug-in hybrid model uses a blue logo, highlighting its identity as a new energy vehicle.

The overall body continues the style of a hard-core off-road vehicle, with muscular eyebrows and a rich waist line, with outstanding visual effects. In terms of body size, the length, width and height of the new car are 4705 mm × 1908 mm × 1780 mm, and the wheelbase is 2810 mm, which is enough to create a comfortable interior space. In addition, the minimum ground clearance of the second-generation big dog is 200 mm, with a proximity angle of 24 °, a departure angle of 30 °, and a longitudinal passing angle of 19 °, which gives it a stronger off-road hardware foundation than other city SUVs.

At the rear of the car, the new car adopts a polygonal taillight group, which cooperates with the English logo of the Haval brand in the center to further widen the lateral visual effect of the tail. The hybrid version will have special logos of "PHEV" and "DHT".

Interior and configuration: a new generation of coffee OS smart cockpit

Entering the car, the reporter found that the interior of Haval’s second-generation big dog adopts a new design style. The size of the central control screen is increased to 14.6 inches, and a row of physical buttons is retained to enhance the driver’s operation during driving. At the same time, the size of the full LCD instrument reaches 12.3 inches. In terms of materials, the center console of the new car is wrapped in leather fabric, and there is an off-road armrest in the passenger position. The new car adopts a gear shape similar to the tank 300 model, which looks more hardened.

Haval’s second-generation big dog is also equipped with a new generation of coffee OS smart cockpit, which can realize the Bluetooth connection control of the mobile phone and the vehicle. Users can control the vehicle to park in and out with one click through the mobile app. At the same time, it supports a variety of parking scenarios such as vertical/parallel/oblique columns. The farthest straight travel distance is 20 meters by remote control, and the automatic parking on the slope is less than 12%. The parking completion system automatically turns off the fire and locks.

In terms of other configurations, the new car is also equipped with a 9-inch W-HUD, 35 storage spaces, reinforced off-road handle, child seat (supports Bluetooth connection, with two smart modes of heating and ventilation), smart refrigerator (supports Bluetooth connection), smart water cup, smart humidifier, 220V reverse discharge, 50W wireless charging, camping mosquito repellent lamp, etc.

Safety: Body safety and battery safety are "good"

In the field of safety, the strength of the steel plate in the key part of the Haval second-generation big dog body is 2 quadrillion Pa, providing safety assurance with a tough attitude; 540-degree full scene perception (360 ° panoramic image + 180 ° transparent chassis) + wheel perspective, accurate observation of complex road conditions, further increase driving convenience and safety. Its body structure is designed according to the strictest test standard of Zhongbaoyan, and the roof static pressure + small overlap collision at 64 kilometers per hour + side collision at 50 kilometers per hour all reach the good level.

In addition, the battery safety of the new car is also not ambiguous. The battery shell is made of 1.6mm ultra-high-strength steel box, and the melting point of the steel shell is as high as 1500 ° C. The battery cell and the bottom of the shell are reserved for 30mm thermal insulation distance, and a large amount of thermal insulation material is filled to form a thermal insulation safety frame. At the same time, the upper and lower shell connections are sealed with high compression ratio and aging-resistant silicon foam, and the application of the industry’s special anti-high pressure water spray structure design can cope with 10MPa high pressure and 85 ° C high temperature hot water.

Power: pure electric cruising range up to 105 kilometers

In terms of power, Haval’s second-generation big dog adopts a powertrain of "1.5T hybrid special engine + 2-speed DHT", with a total power of 240 kW and a total torque of 530 Nm. And thanks to the help of DHT’s leading technology, the new car’s WLTC comprehensive fuel consumption is as low as 1.85 liters/100 kilometers, and the power loss fuel consumption is only 5.92 liters/100 kilometers; its NEDC pure electric cruising range is 105 kilometers, and the comprehensive cruising range is as long as more than 1,000 kilometers. In terms of outdoor power expansion, Haval’s second-generation big dog is equipped with a 220V reverse discharge function, with a discharge power of up to 3.3kW, and a full-oil full-charge discharge time of up to 30 hours. In addition, the new car is also equipped with an L2-level intelligent driving assistance system.

In addition, in order to meet the expectations and needs of more users, Haval’s second-generation big dog fuel version simultaneously launched 4 models, the official guide price starts from 135,800 yuan, and the car purchase enjoys the five-fold gift of Chaoye, which brings double surprises to Haval’s die-hard fans.

review

The plug-in hybrid system of Haval’s second-generation big dog is indeed a highlight. The pure electric mileage is good, and the fuel consumption is also low. In addition, the other performance of the car is also "full", which is very worth buying!

　　On March 31st, China Star Group, a Hong Kong stock company, released its annual report for fiscal year 2022. From January 1, 2022 to December 31, 2022, the company realized an operating income of HK$ 3,879,000, a year-on-year increase of 4.36%, a net loss attributable to the parent company of HK$ 94,101,000, a year-on-year decrease of 39.87%, and a basic earnings per share of HK$ -0.04.　　

　　China Star Group Limited is an investment holding company. The company’s branches include: the hotel and gambling service business division, which is engaged in providing hotel services, food and beverage business services, gambling business services and gambling promotion services at Lan Kwai Fong Hotel in Macau; Gambling promotion business division, which is engaged in the business of investing in the profits collected from gambling promotion business; Film-related business division, engaged in the production and distribution of films and TV series, film investment and other film-related services, such as: artist management; Property development business division, engaged in the investment and development of properties located in Hong Kong and Macao; North-South Bank operates a business division, which is engaged in selling Chinese medicine and other pharmaceutical products, health care products, ginseng and seafood products to wholesalers and retailers, as well as providing clinical services of Chinese medicine.

Note: Operating income = turnover+other income-taxes and surcharges; Net profit attributable to mother = net profit attributable to shareholders of the Company-net profit attributable to other equity holders of the Company in the current period.

(Source: () iFinD)

At 7:37 on February 3, 2024, Beijing time, our country used the Long March II C carrier rocket at the Xichang Satellite Launch Center to successfully launch the Geely Constellation 02 group of satellites, 11 satellites successfully entered the predetermined orbit, and the launch mission was a complete success.

This mission is the 508th flight of the Long March series of carrier rockets.