The title of this article is from Haili official website, and it is for Dong Mingzhu, the chairman of Gree Group, to visit Haili in Nanchang in 2012.

The mixed reform of central enterprises Sinopec and China Unicom has attracted much attention. It is worth noting that even if BAT becomes a shareholder, it will not have much say. For the central enterprises in monopoly industries, social responsibility should always rank first, and the party’s leadership can never be weakened. As for business cooperation, improper shareholders should have it, and when they become shareholders, they must strictly abide by market rules and cannot transfer interests.

Local state-owned enterprises are not. Private enterprises must have the hope of "being masters of the country" when they participate in the mixed reform, but the local SASAC may not be willing to give up. How to win the game between public and private enterprises is a difficult topic.

Deep room a (000.29.SZ) Mixed reform attracted China Evergrande (03333.HK）。 The latter bought Vanke A (000002.SZ) helped the capital operation of Shenzhen subway and lost more than 7 billion yuan, which is equivalent to transferring a large piece of benefits to Shenzhen SASAC outside the plate of Shenfang A. But this is an example that other private enterprises can’t learn.

In contrast, the mixed reform of Haili shares is more representative and "ornamental".

Established listed company Haili shares (600619.SH) is one of the domestic air-conditioning compressors. At the beginning of August 2017, Shanghai Electric (Group) Corporation, the controlling shareholder, planned to transfer the controlling stake, but then quickly announced that it would give up the transfer.

September 21, Gree Electric (000651.SZ) announced that "holding Haili shares reached 5%." On September 23, Gree Electric publicly promised not to reduce its holdings in the next 12 months; Actively participate in the contingent equity transfer plan of shareholders of Haili Co., Ltd.

Haili Co., Ltd. is considered as "the pioneer of mixed reform of state-owned enterprises in Shanghai", and the prospect of mixed reform is confusing.

How "cow" is Haili air conditioning compressor?

In the early 1990s, the air-conditioning and refrigerator markets in China exploded, but the compression was heavily dependent on imports.

In 1992, the listed company "Shanghai Refrigerator Compressor Co., Ltd." launched the "1.4 million air-conditioning compressors project" with Hitachi (Japan’s Hitachi shares are 25%）。

In 1992, the project was "started, completed and put into production that year". In fact, there is not much technical content in saving turbine, worm and other parts. In this way, children who have high fun are even better: start work on the same day and finish it on the same day.

In fact, the joint venture project didn’t take shape until 1994 (The production and sales are 310,000 sets and 250,000 sets respectively.）。 The propaganda point of that year was "the amazing achievements that were put into production, reached production and achieved results in that year."

Since then, Shanghai refrigerator compressor factory has gradually turned to air-conditioning compressors. In 2000, the sales volume of air-conditioning compressors exceeded 3.6 million units, accounting for 26.41% of the national market. The sales volume and market share of refrigerator compressors were 873,900 units and 8.04% respectively.

In 2001, Shanghai Refrigerator Compressor Factory was renamed Haili Co., Ltd.-Shanghai Haili and Hitachi.

By 2005, the sales volume of air-conditioning compressors in Haili Co., Ltd. reached 9.353 million units (Among them, 7.258 million units came from Hitachi joint venture factory.）。 The refrigerator compressor was produced in "zanussi" with a 35% share, and sold 2.047 million units in 2005. The company has suffered losses for years, but its performance has not been incorporated into the listed company Haili.

In 2009, the sales volume of air-conditioning compressors of Haili Co., Ltd. was 11.366 million units (All from Hitachi joint venture.), with a market share of 21.14%. The refrigerator compressor business has not improved after several integrations.

Since 2010, the revenue of Haili Co., Ltd. has reached two peaks, namely, 8.205 billion in 2011 and 7.384 billion in 2016.

In 2011, the sales volume of Haili air-conditioning compressors reached 17.55 million units (Among them, 17,525,400 units came from Hitachi Joint Venture.), but the market share dropped to 15.32%.

In 2014,The sales volume of Haili air-conditioning compressors reached a record 18.01 million units, but only 2.641 million units were inverter air conditioners, accounting for 14.66%.. Inverter air conditioners have quickly become the mainstream of the market, accounting for 57.9% in 2014 (50.6% in 2012）。Haili is two or three beats slower in the tide of industrial upgrading.

Except for a few years, the net profit rate of Haili shares (KoufeiLess than 2%, only 95 million yuan in 2016.

In 2014, the market share of Haili Co., Ltd., which was slow to upgrade its product structure, dropped to 12.8%. Gree and other big brands have built their own compressor factories to support their own products. At a fixed frequency (Nonvariable frequency) Haili, a product-oriented company, turned to a "non-self-supporting market", with a share of 29.5% in 2014. # I can’t get the overall share, and Haili began to show people with market share #

Mainstream air conditioning brands have shouted the slogan of "eliminating fixed frequency and variable frequency parity", and fixed frequency air conditioning is dying. At the same time, self-equipped compressors have become a trend.

In 2016, 61.1% of air conditioners were equipped with compressors from manufacturers. Almost all of Haili’s 17 million air-conditioning compressors are put into the non-self-equipped market, accounting for 30.2% and maintaining the first market share, but they can’t enter the mainstream air-conditioning manufacturers.

Taking Gree Electric as an example, it has the most complete supporting capacity in the industry, not to mention that the compressor can independently produce capacitors and enameled wires. "Complementarity with Haili shares is far-fetched.

Motor and new energy are not exciting enough.

In 2015, Haili Co., Ltd. cut into the refrigeration motor market by restructuring Hangzhou Fusheng Electric Appliance. Sales began in August, and sales reached 20.2 million units that year. In 2016 and the first half of 2017, the motor sales were 20.53 million units and 12.02 million units respectively.

However, the reorganization under the banner of "realizing resource integration and exerting synergy" did not reflect much synergy. In 2016, only 950,000 vertical compressors were equipped with their own motors, accounting for 5.58%.

In addition to enriching the concept, the main gain of integration is to increase revenue and cover up the decline of the original main business. In 2016, motor sales revenue exceeded 1.3 billion, accounting for 18%. Excluding this new business, the sales of Haili compressor is 360 million less than that in 2010.

The most interesting thing of Haili Co., Ltd. is the R&D and production of vehicle scroll compressor.

In the early days, the engine was used as the power source of automobile air conditioning, and later, the motor and compressor were assembled into a whole to form a fully enclosed part. Because this is the only driving mode for electric vehicles, the integrated compressor for vehicles is covered with a "new energy" coat.

In 2016, the sales volume of new energy vehicles in China was 511,400, and the share of Haili compressor was about 16%, corresponding to 81,000 units, accounting for 0.48% of compressor sales in 2016.

Automotive air conditioning integrated compressor is a good direction. At the 2017 China International Forum on Automobile Development held on September 8, 2017, Vice Minister Xin Guobin revealed that "the Ministry of Industry and Information Technology has started relevant research and worked out a timetable to stop producing and selling traditional energy vehicles".

However, looking back at history, Haili Co., Ltd., which started with import substitution and assembly, is lacking in technological innovation, otherwise it will not miss the opportunity of changing from fixed frequency to frequency conversion. Haili may not be able to hold the cake of air conditioning compressor for new energy vehicles.

Even if all the 20 million passenger cars sold nationwide in 2040 are electric vehicles, 20% of them use Haili’s "all-in-one machine", which is at best 4 million, only equivalent to 23.5% of the sales in 2016.

"New energy" is not only a "distant water" but also a "glass of water" for Haili, so the major state-owned shareholders will sell their shares. As the saying goes, "what you buy is not what you sell", not to mention that the seller is from Shanghai!

Sample of mixed reform of local state-owned enterprises

Local state-owned enterprises like Haili Co., Ltd. have no monopoly position (Sinopec and China Unicom), no attractive resources (Land, mineral deposits, etc.), three have no bright performance and four have no bright future. # In 2016, it also received 58.44 million government subsidies #

If there is, it will be stripped first and then mixed. For example, in May 2016, the government repurchased two plots of land located in Hangzhou from Haili, with a consideration of 88.46 million yuan.835 yuan per square meter of land!

Local governments that undertake the responsibility of maintaining and increasing the value of state-owned assets can neither let go nor dare to sell them cheaply, but with strong private enterprises (For example, Gree Electric, who has 100 billion cash in his account.) the bargaining power is insufficient, and the mixed reform plan is very difficult to get.

The controlling shareholder of Haili Co., Ltd. is Shanghai Electric (Group) Corporation, and the actual controller, Shanghai State-owned Assets Supervision and Administration Commission, indirectly holds 20.22%.

On July 31, 2017, Haili shares began to be suspended. On August 4th, the major shareholder announced that "the transferee is to be publicly solicited", and the solicitation period is from August 14th to August 25th.

If the average price of 30 is the pricing basis and the transaction price is 90% of the benchmark price, the unit price is 9.5 yuan/share. The total consideration for the transfer of 175 million shares by Shanghai Electric is about 1.66 billion yuan.

1.66 billion won the control of listed companies on the main board of Shanghai Stock Exchange, which is really not expensive, but Shanghai Electric (It undoubtedly represents the will of Shanghai SASAC.) Two points in the "13 Articles" made potential buyers unhappy:

First, "the transferee promises to keep the existing main business of the listed company from major changes and keep the management and staff of the listed company stable after obtaining the controlling right of the listed company." In other words, if the new director wants to inject his own assets, he can’t. He must be a compressor and can’t lay off employees.

Second, "on the premise that the transferee’s business and the main business of Haili Co., Ltd. do not constitute horizontal competition, the transferee is right
The development of Haili joint-stock industry has a synergistic effect. For example, Gree’s huge compressor production capacity is competitive with Haili, which does not meet the premise of the transferee.

The first restricts the enthusiasm of potential buyers in other industries, and the second binds the hands and feet of potential buyers in this industry. Although the transfer price is not high, the buyer is tied behind his hands and cannot integrate according to his own will. What is the use of it?

On August 21st, the General Electric Company terminated the "public solicitation" with four days to expire ahead of schedule, saying that "it is planned to make major adjustments to the plan."

On September 21st, Gree Electric announced that he "holds 5% of Haili shares". The announcement shows that since the resumption of trading of Haili shares on August 29th, Gree Electric has bought 43.3156 million shares in the secondary market for 16 consecutive trading days. The average price is about 13.1 yuan.38% higher than the possible consideration of Shanghai Electric..

Gree Electric announced: "On August 23, 2017, Haili Co., Ltd. issued the" Announcement on the Transfer of Shares by Termination Agreement "and did not contact the controlling shareholder of Haili Co., Ltd."　That is to say, there may have been contact before..

On September 23rd, Gree Electric made two commitments:Not to reduce its holdings in the next 12 months; Actively participate in the contingent equity transfer plan of Haili’s shareholders.. As for whether it will continue to increase its holdings in the secondary market, Gree Electric said that it "does not rule out the possibility of further holdings" but "will decide when to increase its holdings of Haili shares and the specific shareholding ratio according to the overall situation of the securities market and the development of Haili shares and its stock price."

Gree Electric took an "open plan": first collect 5% chips in the open market, and then talk to Shanghai Electric. Price is not a problem, but two of the "13 articles" should be removed! # Otherwise we can’t let Yinlong borrow the door #

It is estimated that the bottom line of Shanghai SASAC is not to move books or lay off employees, and it is not impossible to make concessions on other terms.

The final result of the mixed reform of Haili shares is likely to be "customers bullying stores".

　　■ Our reporter Jia Li

An announcement once again made Gree’s father-son dispute surface.

　　Recently, Changyuan Group announced that Gree Group intends to launch some offers to all shareholders of the company, and this tender offer is not aimed at terminating the listing status of the company.

　　However, Gree Electric, a listed company of Gree Group, reacted quickly and distanced itself from this matter. Its secretary-general declared: "(This acquisition) is an action at the group level and has nothing to do with listed companies."

　　An insider of the Gree Electric Securities Department told the Securities Daily reporter: "We only learned about this acquisition through the announcement. The whole thing was operated by Gree Group and we did not participate."

　　However, it is worth noting that Changyuan Group, which Gree takes a fancy to, has been expanding in the field of intelligent equipment manufacturing for electric vehicles in recent years, which is also the main direction of Gree Electric’s current expansion and one of its diversified key layouts.

　　The insiders believe: "If Gree Group takes the shares of Changyuan Group into its pocket, it may be interested in getting involved in new energy and smart equipment business. The new field that Gree Group wants to enter completely coincides with the new layout of its subsidiaries. "

　　If Gree Group wants to get involved in new energy vehicles, why not put it in Gree Electric, which has already laid out in these fields? Why do you want to enter this field when you know that Gree Electric has already started these businesses? Gree Group’s intervention in Changyuan Group is intended to hold shares or just to participate in shares. Will it trigger the change of Changyuan Group’s controlling stake? There are many speculations about the actions of Gree Group.

　　Why is it a new energy vehicle?

　　Changyuan Group, which Gree Group looks after this time, has three business segments: electric vehicle related materials, smart factory equipment and smart grid equipment. In 2017, Changyuan Group achieved a total revenue of 7.36 billion yuan from its main business, of which these three business segments accounted for 27.67%, 33.02% and 39.31% respectively.

　　According to the data, four subsidiaries of Changyuan Group are involved in the related materials business of electric vehicles. The main products include electrolyte additives for lithium-ion batteries and wet separator products for lithium-ion batteries. The products of its subsidiary Changyuan Shenrui cover electric vehicle charging system, electric vehicle charging pile and energy storage system.

　　Liu Buchen, an observer of the home appliance industry, said: "Although Gree Group has not fully indicated whether it will hold Changyuan Group, it is likely to lay out the new energy automobile industry chain with this tender offer."

　　According to public information, Gree Group has three business segments: electrical appliances, industry and real estate.

　　Gree real estate, the original platform of Gree Group’s real estate business, was spun off by Gree Group several years ago. At present, Gree Group only owns electrical appliances, a small number of industries and tourism.

　　Statistics show that Gree Group’s revenue last year was about 150 billion yuan, and Gree Electric’s revenue was 148.2 billion yuan. In other words, Gree Electric contributed most of the revenue to Gree Group.

　　"Except for Gree Electric, Gree Group is basically a holding company at present, with no substantive business, and it also needs to quickly develop new business and reduce its dependence on Gree Electric." A person close to Gree Group revealed.

　　At the same time, the information given by Changyuan Group also revealed Gree Group’s interest in new energy business. Ni Zhaohua, secretary-general of Changyuan Group, said that Gree Group offered to acquire Changyuan Group because it was optimistic about the company’s three business segments. There is no positive response to whether the two sides will join hands to get involved in the automobile industry chain.

　　A new round of competition?

　　In fact, in recent years, Gree Electric, a subsidiary of Gree Group, has also made great efforts to lay out automobile air conditioners, energy storage equipment and other related products in the new energy automobile industry chain.

　　Gree Electric had previously intended to acquire Zhuhai Yinlong, but it ended in vain. However, it signed a big contract with Zhuhai Yinlong, and entered the field of new energy vehicles hand in hand, and Dong Mingzhu, chairman of Gree Electric, also invested in Zhuhai Yinlong from his own pocket.

　　It is reported that Zhuhai Yinlong’s main business focuses on lithium battery materials and extends to the upstream and downstream links such as research and development, production and sales of lithium batteries, electric vehicle powertrain, vehicle manufacturing and smart grid energy storage systems.

　　Although Gree Electric said that the acquisition was solely operated at the group level, it had nothing to do with Gree Electric. However, the business involved in Changyuan Group, which Gree Group takes a fancy to, almost completely overlaps with the layout of new business areas in Gree Electric in the past few years.

　　"The new fields that Gree Group intends to set foot in are completely coincident with the new layout of its subsidiaries. The parent company and its subsidiary are doing the same thing, which may trigger a new round of father-son dispute. If Gree Group successfully acquires Changyuan Group or even controls it, it will also trigger horizontal competition. " Liu Buchen thinks.

　　Industry insiders speculate that the acquisition of Changyuan Group by Gree Group is meaningful, or related to its control over Gree Electric and the upcoming new round of general election in Gree Electric.

　　Has been quietly deployed?

　　At present, the adjustment of personnel structure in Gree Electric has also ushered in a critical period. Gree Electric’s current board of directors will expire at the end of this month. Whether the members of the board of directors will usher in a round of adjustment and whether Dong Mingzhu can be re-elected as chairman of Gree Electric has aroused heated discussions in the industry.

　　However, Gree Group has acted frequently in personnel in recent years, or is sending some kind of signal. In October 2016, 63-year-old Dong Mingzhu was removed from the position of chairman, president and legal representative of Gree Group, and was replaced by Zhou Lewei, executive deputy head of Jinwan District of Zhuhai City and deputy director of the Municipal Aviation Industry Park Management Committee. In August, 2017, Zhuhai Municipal Committee established the first party organization in Gree Electric, and appointed Li Xupeng, deputy director of the Bureau of Science, Technology and Industrial Informatization and a member of the party group, as deputy secretary of the Party Committee of Zhuhai Gree Group and secretary of the Party Committee of Gree Electric. This series of actions is interpreted by the outside world as Zhuhai is strengthening its control over Gree Electric.

　　At the same time, it is worth noting that in the 2017 annual report just released by Gree Electric, Huang Hui, the executive president, became the executive vice president, which caused many speculations. In August last year, under the nomination of Dong Mingzhu, Huang Hui was promoted from executive vice president to executive president. At the same time, he is also the director and chief engineer of Gree Electric, and is regarded as Dong Mingzhu’s successor by the industry.

　　However, according to the person close to Gree Group mentioned above, "At present, it is very likely that Dong Mingzhu will be re-elected as the chairman of Gree Electric. This means that this time Gree Electric is re-elected, Zhou Lewei still has no chance. Gree Group currently needs to make achievements in new businesses that have not yet achieved results in Gree Electric as soon as possible and establish the influence of Zhou Lewei. "

　　Dong Mingzhu, Chairman of Gree Electric

On August 25th, Geely Automobile officially launched the Binyue Super Edition in Chengdu market. This new car was unveiled in two configurations: a 5-speed manual version of 60,800 yuan and an 8-speed CVT version of 67,800 yuan, which quickly attracted the attention of many consumers. Under the background that new energy vehicles are popular in the market, the launch of Geely Binyue Super Edition undoubtedly provides a very cost-effective choice for consumers who still love traditional fuel vehicles.

I have to say that today, when trams are gradually becoming the mainstream of the market, looking back at oil trucks, we will find that there are actually many excellent models like Geely Binyue Super Edition that deserve our attention and choice. At a price of less than 70,000 yuan, you can have a fuel car with high cost performance and no mileage anxiety, especially outside the first-tier cities. This is undoubtedly a satisfactory answer.

Moreover, even if Geely Binyue Super Edition is compared among joint venture brands at the same level, its configuration is absolutely comfortable and reliable: leather seat steering wheel, 8-inch central control screen, reversing image and other practical configurations are readily available, which not only ensures driving, but also provides a more comfortable and convenient driving experience.

The 1.5D-8CVT model launched this time is also equipped with electric handbrake and automatic parking function, which greatly reduces the complexity of start-stop operation during driving and improves the convenience of driving.

In terms of entertainment, Geely Binyue Super Edition also did not disappoint. It is equipped with G-link intelligent vehicle system, which supports intelligent networking and wireless screen projection, making travel more interesting and convenient. Whether it’s navigation, listening to music or connecting with mobile phones, it can be easily realized, bringing a richer entertainment experience to drivers and passengers.

To sum up, the listing of Geely Binyue Super Edition has undoubtedly injected a new vitality into the market. In the new energy era, it stands out with its excellent fuel economy and practical configuration, which proves that the oil truck still has irreplaceable charm and value.

According to the micro-network news, Apple iPhone assembler and Foxconn (Hon Hai Precision Industry), the world’s largest electronic product OEM, expect a "slight decline" in business this year. Foxconn said, "The prospect is better than last year, but it faces the problem of shortage of artificial intelligence (AI) server chips."

Liu Yangwei, chairman of Foxconn, said, "Although we made a considerable write-down in the first quarter, our performance last year was quite good", referring to the write-down related to its 34% stake in Sharp, Japan, worth NT$ 17.3 billion.

Liu Yangwei said, "As for the prospect of this year, I think it may be slightly better than last year." Foxconn said in November last year that it held a "relatively conservative and neutral" attitude towards the prospect of 2024.

He added that the demand for artificial intelligence servers will be "of course" good, but due to geopolitical issues, the uncertainty of the global economy will affect the demand for consumer products.

Apple predicts that iPhone sales will decline due to the blow to China’s business, and the total revenue target will be lower than Wall Street’s expected $6 billion.

The results confirmed the concerns of some analysts that Apple’s iconic products are losing market share in major Asian markets, and consumers in this market are buying folding screen phones and Huawei phones supported by Kirin chips.

Liu Yangwei said that even if the demand is strong, the production capacity of server chips is limited. "When the demand is to be met, it may be necessary to build a new factory."

Foxconn will announce its earnings for the fourth quarter of 2023 in March this year, and will also update its outlook for 2024.

The financial report shows that Foxconn’s net operating income in December 2023 was NT$ 460.12 billion, down 26.9% year-on-year; In 2023, the accumulated net operating income was NT$ 6.16 trillion, down 6.98% year-on-year. The company will release the January 2024 sales data on Monday (February 5).

Here is the Pazhou Complex of the China Import and Export Fair in Guangzhou. From a height, the exhibition center looks like a white cloud fluttering by the river. From the east, it looks like a carp rising to the south bank of the Pearl River. The design concept of the exhibition center is derived from the "floating" of the Pearl River, and the undulating roof makes it seem as if it is fluttering from the Pearl River.

For those working in China’s auto industry, including auto companies, automotive industry supply chain suppliers and automotive media, it gets very busy in mid-to-late November every year, because the annual Guangzhou International Auto Show is held here. However, due to the pandemic, this year’s Guangzhou International Auto Show has been postponed to December 30. So, what are the highlights of this year’s Guangzhou International Auto Show?

As the fastest joint venture car company to achieve 15 million sales, at the Guangzhou International Auto Show, it grandly released the new energy strategic layout, actively explored intelligence and electrification, accelerated electrification transformation, and injected new vitality into the new energy track.

At the press conference, all the models of its brands were launched, and the first year of the three brands’ collaboration was announced, and the strategic layout of electric drive was fully accelerated. Take the lead in launching the new energy transformation, and create a better electric drive future by accelerating the layout of electric drive products and technological innovation.

Among them, the brand will adhere to the electric drive route of pure electricity and e-POWER, and launch the "electric drive new storm" including the ARIYA standard battery life version and the new generation of Qijun e-POWER in 2023.

The brand officially released the new energy transformation strategy and launched the first concept model based on the V-π native pure electric platform, the Ve concept, and the first model of DD-i super hybrid technology, the large V DD-i super hybrid.

At this auto show, with "electric drive" as the core, the future city landmark of "electric drive · heart city" was created, highlighting the concept of "symbiosis between technology and nature, integration of life and art", and fully demonstrating the industry-leading image of advanced electric drive technology and strong strength.

As the brave trendsetter of China’s market changes, it takes the lead in transformation, takes green low-carbon and digital intelligence as the breakthrough point, takes "multi-brand, multi-track" as the development strategy, and takes the 15 million user base as the "moat" of the enterprise. It forms the cohesion and joint force of the three major brands, and uses the three power combinations of fuel, pure electricity and e-POWER to bring a better "people, cars and life" to Chinese consumers.

In the next five years, its three brands will launch more than 20 new vehicles, covering traditional fuel vehicles and new energy models. By 2025, electric drive technology, including Zero Emission pure electric and e-POWER hybrid, will be deployed in nine models, making electrified models account for 40% of sales.

The brand has deep accumulation in the field of electric vehicles. According to the "Automobile 2030 Vision", the car plans to invest 2 trillion yen in the next five years to accelerate the layout of electric drive products and technological innovation, and launch 23 electric drive models by fiscal 2030, including 15 pure electric models. By fiscal 2030, it is expected that the pure electric vehicles in China and North America will account for more than 40%. In the spring of 2023, 4 new electric drive products are planned.

将聚焦新能源领域，不再研发纯燃油新车，未来每年将推出不少于2款新能源车型，覆盖多个区隔，满足不同消费者的出行需求，具备年销30万台的体系能力，逐步挑战50万台的目标，最终成为的第二增长曲线。

V-π原生纯电平台，搭载全新一代X in 1超级电驱，最低实现12千瓦/百公里的超低电耗，换算电费低至5元/百公里。同时，该平台拥有SOA场景化定制空间及AIOT智能外设，配合行业首创声纹识别账号联动技术，可实现千人千面的个性空间。除此之外，V-π原生纯电平台还具备L2+高阶领航辅助驾驶，带来智能人性化的驾乘体验；五星级碰撞安全平台到航空级高强钢车身结构的多维守护，结合NTP无热蔓延电池技术，1500万台量级合资制造体系保障的实绩验证。

DD-i超混动，硬件方面搭载1.5T十佳发动机、5合1高集成电驱，软件匹配DHT智能电混系统及Auto.E全维能量管理系统，可油可电：百公里加速7秒级；4L级百公里馈电油耗，相比同级燃油车下降30%；综合续航超1000km；易操作性提升50%。

面向未来低碳生活，还积极布局氢动力技术路线，以FCV氢能源技术为依托，为消费者创造绿色、高效、可靠的出行体验。

两款全新新能源车型也正式亮相，分别是基于V-π原生纯电平台打造的首款概念车型——Ve concept，以及首款搭载DD-i超混动技术的车型——大V DD-i超混动。

大V DD-i超混动，是首款插电混动车型，实现可油可电、智能双驱，集跃动设计、极劲动力、超低油耗三大亮点于一身，为用户带来省心畅快的全新出行体验。（上述图片均来自网络）

邢车博士工作室

What we said today. As for the outstanding performance of the car, please read it together.

First of all, from the appearance, the head style of Euler Good Cat looks elegant and sporty. Then the cool headlight design is adopted, and the overall design is very exquisite. The car is equipped with LED daytime running lights, automatic opening and closing, adaptive far and near light, delayed closing and so on. Coming to the side of the car, the body size of the car is 4235MM*1825MM*1596MM. The car adopts fashionable and dynamic lines, and the side wall presents a full design style. With large-sized thick-walled tires, smooth lines run through the whole side of the car. Looking back, the overall shape of the rear of the car echoes the front of the car, and the taillights look very fashionable and sporty, creating a good atmosphere.

Sitting in the car, the interior presents a fashionable and dynamic design style, which makes people feel very atmospheric. The steering wheel of the car is well designed, made of imitation leather and has a good grip. Let’s take a look at the central control. The design of the center console is reasonable, which makes the interior style impressive, and the overall design of the central control is remarkable. The dashboard and seats give people a good feeling, too. Let’s take a look. The dashboard design is remarkable and the sports atmosphere is in place. The car adopts leather-like seats, which are wide and thick, further improving the comfort of drivers and passengers.

Euler Good Cat matched gearbox, 135KW, 232N.m, with good power performance.

The space availability of the trunk of Euler Good Cat is very high, and the loading capacity is also excellent. The rear seats support the proportion down, and the space can be further expanded. In addition, the car is equipped with fatigue warning, anti-lock braking (ABS), LED daytime running lights, brake assist (EBA/BAS, etc.), brake force distribution (EBD) main driver airbag, co-pilot airbag, side airbag curtain, front side airbag and other safety configurations.

To sum up: this class of cars is usually the first choice for most people. First of all, the price is not expensive, and secondly, all the configurations are quite complete, which is still very worth starting with.

　　According to a report by Fox News on May 12, Ronny Jackson, a Republican congressman and former White House doctor, led 61 Republicans to send a letter asking US President Biden to take a cognitive test, otherwise he would withdraw from the 2024 presidential election.

　　Jackson and Republicans wrote in this letter that they are worried about Biden’s "current cognitive state and ability to be re-elected" in view of his announcement to run for re-election in 2024.

　　They believe that regardless of gender, age or political party, all presidents should record and demonstrate good mental abilities.

　　"Although you (Biden) received two physical examinations during your presidency, one on November 19, 2021 and the other on February 16, 2023, there is no indication that you have conducted any cognitive assessment, or even if you have, you have concealed such results from the public," they wrote.

　　Republicans wrote that after Biden’s physical examination in February, White House doctor Kevin O ‘Connor "claimed that Biden was a ‘ A healthy and energetic 80-year-old man can successfully perform the duties of the president. " "However, this is a statement based on physical examination, which excludes the assessment of your cognitive ability, which is our concern and that of the American public," they wrote.

　　Republicans also say that in the past two years, it has become more and more common for Biden to drag his feet in public, stumble while walking, slur his words, forget his name and suddenly get confused.

　　Republicans wrote that American citizens "should have absolute confidence in their president and know that he or she can perform his or her duties."

　　"Therefore, we call on you to either give up running for re-election or accept a clinically proven cognitive screening assessment and make these results public," the Republican wrote. "Successfully completing such an assessment will reassure the American public and prove that you are capable of fulfilling the duties of the President of the United States."

Does the Samsung NX mini support video shooting?

　　The Samsung NX mini supports video capture.

　　The questions about whether Samsung NX mini supports video shooting will be answered in detail below. Samsung NX mini uses a new 20.50 million pixel one-foot back-illuminated sensor, but does not add Samsung’s phase detection and contrast detection hybrid autofocus technology, but the focusing performance is not bad. In terms of image quality, NX mini theoretically will not be any different from congeneric products on the market. After all, without changing the sensor specifications, such small sensors cannot have much difference, and the difference in image quality is even greater from the lens and image algorithms.

　　The 180-degree screen flip is specially designed for selfies by Samsung NX mini, but users can give clear and realistic feedback on the shooting effect, allowing the self-photographer to adjust freely, which is very useful. And the shutter position is designed just right for easy pressing while holding the camera firmly. The 9mm set lens has an equivalent 24mm viewing angle, and the large wide-angle lens can also use perspective to make a face-saving effect.

　　Samsung NX mini has an automatic beauty mode, which can be automatically optimized for portrait skin. However, it is a pity that it does not provide beauty level options. And in terms of effect, the NX mini is also much more natural than a luxury product, at least it doesn’t look like it has been plastic surgery.

What video formats does Samsung NX mini support?

　　Samsung NX mini supports MP4, H.2 **** formats.

　　In terms of body size, the size of the Samsung NX mini is about 110.4 x 61.9 x 22.5mm (excluding the lens), which is very compact, even compared with the card camera. The Samsung NX mini body weighs about 158g (excluding the lens, battery, memory card), which is 227g, even if the accessories such as the lens and battery are included.

　　Samsung NX mini is equipped with a 3.0-inch LCD screen with 460,000 resolution and touch function, and the design of the flip screen can be more comfortable and flexible to shoot, and the use experience is good and the shooting efficiency is improved. The screen of Samsung NX mini has a good display effect, the picture is clear and recognizable, and the color transition is natural.

　　Samsung NX mini supports video shooting problem summary. Due to its large sensor, Samsung NX mini has a good blurring ability. Of course, due to the limited lens specifications, this advantage is not very obvious. And in terms of color, Samsung NX mini can still have a more eye-catching color performance in very bad weather.

Driving on the road, I am most afraid of problems, because it is equivalent to the heart. When I open the cabin, I will be confused by all kinds of bottles and cans and dense pipelines, just like the blood vessels in the human body. But we still have a way to overcome it, because some parts will be marked, and as long as we understand their meaning, this embarrassing thing will not happen. Let’s understand the meaning of those signs together and learn some professional knowledge.

antifreezing fluid

It is a medium that takes away heat for work. Generally, there will be clearly marked signs of the upper and lower limits of the liquid level on the pot, as well as a sign like a manual or an eye-catching triangle exclamation point.

machine oil

As a lubricating substance for work, the general filler will be in a position that is easy to access in the world. The filler cap of most models is black, with an inclined oil pot painted on it and a drop of oil dripping out. This is the symbol of the filler.

Glass water

It is the liquid with cleaning function sprayed when the water spray block of the wiper is turned on. This sign is easy to remember. A fan-shaped windshield with a wiper in the middle seems to be hanging water for cleaning.

storage battery

Positive and negative signs. The corresponding plus sign is the positive pole, which is generally marked as red, and the corresponding negative pole is the minus sign, which is black.

Steering booster fluid

Liquid is also the medium that provides power for steering and pushes the steering machine to move left and right. This sign is also very easy to distinguish. There is a simple steering wheel with three or four pictures on the lid of the pot. The side of the pot will also be marked with signs of upper and lower limits for later inspection.

　　　　　　　

Oil dipstick

The ruler is the only entrance to detect the quality and quantity, and the extracted ruler can roughly judge whether it is dirty or not or accurately judge the remaining quantity.

The filler ports that can be seen after opening the cabin and may need to be maintained or replaced by yourself are basically the above ones. I hope car owners can keep it in mind.

　　By plane and bus, George, a Sichuan golden monkey from Dalian Forest Zoo, arrived at Tianjin Zoo in the night with the task of "changing his lineage".

　　On the evening of 26th, the flight of Sichuan golden monkey "George" arrived in Tianjin, and the long-awaited vehicle immediately pulled it to the zoo. George, who was away from home for the first time, was in good condition. He was not afraid to see strangers onlookers. The loaded box couldn’t get into the animal house. The breeder changed the translucent cage halfway, and it didn’t feel uncomfortable. The breeder tried to feed two oranges, and George was very happy. Although I came to a strange place, I can see that it is a lively "guy".

　　A new member who undertakes the task of "changing lineages"

　　The purpose of introducing George into Tianjin Zoo this time is to avoid inbreeding of small populations and ensure the self-maintenance and healthy development of populations. In order to find a suitable Sichuan golden monkey, Tianjin Zoo cooperated with Dalian Forest Zoo, and finally selected the "self-produced" male Sichuan golden monkey "George" from Dalian Forest Zoo to undertake the important task of "exchanging lineages". "George" was born in Dalian Forest Zoo in March 2019. He is a gentle Pisces boy.

　　This summer, the mother and daughter of the original Sichuan golden monkey "Laifu" and "Braised Egg" in Tianjin Zoo were "married" to the same husband and became mothers at the same time. This time, with the new arrival George, the number of Sichuan golden monkeys in the park has reached 8, including 2 cubs, 3 males and 3 females.

　　Back to hometown "toffee"

　　In September this year, the baby "Milk Sugar" of Sichuan golden monkey, which was bred by Tianjin Zoo and Yantai nanshan park Zoo, finally returned to his hometown-Tianjin after an eight-hour trek. In 2017, nanshan park Zoo sent an invitation to Tianjin Zoo to introduce a male Sichuan golden monkey to Meimei. A male Sichuan golden monkey named "Aoao" in Tianjin Zoo is gentle and lovely. After several visits by the zoos of both sides, this "marriage" was finally decided.

　　On October 12, 2017, "Aoao" arrived in Yantai after a long journey. In June 2018, the first babies of "Aoao" and "Meimei" were born. They are well-behaved daughters and currently live in Yantai. Two years later, the second baby "toffee" was born, a lovely boy.

　　Forget the child’s "foodie" mother when eating.

　　Laifu is 13 years old, and the baby born this year is Laifu’s third child. But this mother is a proper "foodie", and she can’t remember her children when eating. The scenes she often sees are the little one playing on the climbing frame and looking at her mother’s eyes at any time. Sometimes the breeder can’t see it, but he can’t intervene too much and can only quietly add meals to it.

　　A novice mother who survived the robbery

　　Sichuan golden monkey "marinated eggs" is the first child of "Laifu". In 2018, the one-year-old "marinated egg" suddenly fell ill with a high fever of 42 C. After examination, it was found that it had acute liver failure. Blood tests showed that individual indicators were abnormal to an incredible extent, and the animal hospital gave the "marinated egg" a critically ill notice. The medical team of Tianjin Zoo consulted the veterinary experts of Beijing Zoo and worked out a series of treatment plans to save "marinated eggs" after consultation with the specialized hospitals in this city. After 18 days of continuous rescue and nursing by animal doctors, the life of "marinated eggs" was finally saved. The 6-year-old "braised egg" is a mother for the first time. Although she is a novice, she has a very good motherhood and always holds her child tightly. Sometimes I will help my mother "come to life" to take care of the children.

　　Mother and daughter actually "married" the same "husband"?

　　Mother and daughter marry the same "husband", so is the current husband "Dabao" of "Laifu" the father of "Braised Egg"? Actually, it is not. The father of "Braised Egg" is called "Laoer", a very gentle and handsome male Sichuan golden monkey who suffered from liver failure shortly after the birth of "Braised Egg".

　　Dabao, 22 years old, has lived in Tianjin Zoo for a long time. When she was young, her temper was not very good, which led to the female monkey’s fear of going near and being "single" for many years. After the second child left, Dabao seemed to be "mature" a lot. The zoo tried to match Laifu with him. Unexpectedly, after Dabao and Laifu were together, they changed their grumpy personality and became very gentle. In 2020, "Dabao" and "Laifu" had their first baby, and the three of them were happy. The 6-year-old "braised egg" has reached marriageable age, but now the adult male Sichuan golden monkey in Tianjin Zoo only has "Dabao". After consideration, the breeder decided to let "braised egg" and "Dabao" get along, but they didn’t expect the relationship to be very good, so the mother and daughter had the same "husband".

　　Get to know Sichuan golden monkey together

　　The golden snub-nosed monkey, also called "snub-nosed monkey", belongs to the genus snub-nosed monkey of primate monkey family and is a first-class protected wild animal in China. There are five kinds of golden monkeys, including Sichuan golden monkey, Yunnan golden monkey, Guizhou golden monkey, Myanmar golden monkey (Nujiang golden monkey) and Vietnam golden monkey. Except Myanmar golden monkey and Vietnam golden monkey, the rest are all rare animals unique to China. But only the Sichuan golden monkey is covered with golden hair, which can be said to be a veritable "golden" monkey! The face of Sichuan golden monkey is blue, the snout is short and swollen, and the nostrils are prominent and upturned. The back hair is long and soft, golden and bright, shining like gold in the sun, the chest and abdomen are pale yellow or white, and the tail is long and thick.

　　Sichuan golden monkey is only distributed in Sichuan, Gansu, Shaanxi and Hubei provinces in China, and inhabits temperate alpine forests at an altitude of 1500-3300 meters all the year round. Sichuan golden monkey is "polygamous", pregnant for 6-7 months, and usually gives birth to one baby per child. In terms of feeding habits, Sichuan golden monkey has a variety of feeding habits, mainly plant foods, taking leaves, shoots, branches and fruits of various woody and lianas, and occasionally preying on birds, eggs, small animals or insects.

　　Many species in the zoo have added "newcomers" this year.

　　In this year’s Tianjin Zoo, in addition to the Sichuan golden monkey, the Asian black bear "Saner" also had a baby. After three years of competition, the thin-tailed mongoose family finally elected a new leader and four babies were born smoothly. More than 20 animal families, such as ring-tailed lemurs, black-capped hanging monkeys, white-fronted long-tailed monkeys, red monkeys, green monkeys, white-rumped long-tailed monkeys, red foxes, black swans, giant swans, warty-nosed swans, Canadian geese, wax-billed geese, emus, ponies and zebras, have also added "newcomers".

　　Xinbao reporter Xu Yan correspondent Krishna Kumari

　　Photography Zhao Jianwei