标签归档：西安夜生活论坛

Snack parity era： Yanjin shop earned, good shop panicked？ ｜ Commercial War 2024④

The leisure snack industry, which has been hit by discount, is shuffling.

Recently, the 2023 annual report and the first quarter report of 2024 of leisure and snack listed companies were fully disclosed, and their performance can be described as "two days of ice and fire":

Although last year, the good shop still sat firmly on the throne of "king of revenue", its net profit was overtaken by Yanjin shop, whose revenue was only half of it.

In the first quarter of this year, good shops returned to the right track in revenue, but their net profit continued to decline. On the other hand, the competitor Yanjinpu, the net profit of revenue has increased significantly.

Many voices attribute the joys and sorrows of performance to the gains and losses of channel war. In the past few years, the snack sales model has quietly changed. The rise of discount snacks is eroding the space of traditional snack sales channels.

The two "shops" in the snack industry, one sued Zhao Yiming, while the other threw 350 million yuan on it.Snacks henmang groupThe "big ship".

Standing at the outlet of discount snacks, it is a different choice for "shops". Yanjin shop really made a profit, and the good shop really lost?

Net profit overtaking

In terms of revenue scale, good shops are still the well-deserved kings of leisure snacks.

In 2023, Liangpin Store achieved a revenue of 8.046 billion yuan, ranking first among 19 A-share snack food listed companies.

Although firmly sitting on the "one brother in revenue", the good shop has ushered in a double decline in net profit for the first time since landing in A shares:Revenue decreased by 14.76% compared with the same period of last year.,Net profit is almost halvedTo 180 million, a year-on-year decrease of 46.26%; Deducted non-net profit was only RMB 65 million, a year-on-year decrease of 68.82%, leaving only RMB 65 million.

From the data point of view, this is the lowest revenue of good shops in the past three years, while net profit and non-net profit have hit a new low in the past six years.

In the first quarter of this year, although the revenue of good shops recovered to 2.451 billion yuan,However, the net profit attributable to the mother and the non-net profit deducted were 62 million yuan and 55 million yuan respectively, down by 57.98% and 48.69% year-on-year, continuing the trend of sharp decline.

The decline in performance and the slowdown in growth have also accelerated the departure of capital. On May 18th, Liangpin Store issued two announcements in succession, saying that due to their own capital needs, Ningbo Hanyi and Dayong Co., Ltd. each planned to reduce their holdings by no more than 12.03 million shares, accounting for about 6% of the company’s total share capital.

Among them, Dayong Co., Ltd. is the second shareholder of Liangpin Store, and today’s capital is behind the famous venture capital institution. Since 2010, capital has become a "friend" of good shops, and now the major shareholders have lost patience.

On the other hand, Yanjin Shop is a "dark horse" in the industry.Submitted a goodReport card

According to the data of the annual report, Yanjinpuzi achieved a revenue of 4.115 billion yuan in 2023, a year-on-year increase of 42.22%; The net profit of returning to the mother was 506 million yuan, up 67.76% year-on-year, and both revenue and net profit reached record highs.

In fact, the revenue of Yanjin Shop in 2021 was less than a quarter of that of good shops, but in the past two years alone, this figure reached half. What is more exaggerated is that less than half of the revenue in 2023, the net profit is 2.81 times that of a good shop.

In the first quarter of this year, Yanjin Shop continued to maintain its growth momentum, with revenue reaching 1.223 billion, up 37% year-on-year. The net profit attributable to shareholders of listed companies was 160 million yuan, up 43.10% year-on-year, which also far exceeded that of good shops.

In the secondary market, good shops and competitors are also in sharp contrast.

As of the close of May 28, the total market value of good shops was about 5.53 billion yuan. However, its market value peaked in July 2020, once exceeding 34 billion yuan. In other words, the market value of good shops has shrunk by more than 80% from its peak.

In particular, the market value of good shops at the peak period is higher than that of Yanjin shops in the same period.More than 10 billion.now,The wind and water turn, and the total market value of good shops is onlyremainYanjin Puzi’sfourOk.

At the same time, "shop", why is the fate very different?

Channel dispute

In recent years, the snack industry has ushered in major changes, and discount snacks have become "new favorites", and consumer preferences have gradually changed to "cost performance".

The impact of the ultra-low price of discount snacks,Give way to position“high-end"Our good shop is very hurt.Falling revenues are telling good shops that they are getting farther and farther away from consumer demand.

In fact, good shops have also gone off to test the water discount snack track.

On the one hand, in 2022, Liangpin Store launched the snack collection store brand "Snacks Hard Home", but the effect was not ideal. At present, this brand has not yet left Hubei, and it is difficult to form a confrontation with the head.

On the other hand, in February 2023, Liangpin Shop and Black Ant Capital jointly invested in Zhao Yiming Snacks, and this round of financing was 150 million yuan. Only after half a year, the good shops were emptied.Zhao Yiming snacks equity, get about 60 million yuan investment income.

It was not until the snacks were busy and Zhao Yiming snacks announced the merger, and they sat firmly at the top of the discount snacks, and the good shops realized themselves.by“Kick out”，failAt the discount snack trackminuteLast drinkthick soup.

In either case, in the new round of opportunities, good shops are left behind.

Just as Liangpin Shop sued Zhao Yiming for "deliberately concealing the company’s major events and damaging the minority shareholders’ right to know", Yanjin Shop boarded the "big ship" of the Snacks Busy Group.

Last December,,Yanjin Puzi Holdings announced that it had invested 350 million yuan in Snacks Busy Group and acquired a 3.3175% stake in the latter. Talking about this investment, Zhang Xuewu, the chairman of Yanjin Puzi Holdings, believes that this cooperation marks that manufacturers join hands with distributors to create efficient channels.

But is such an investment worthwhile? To a large extent, running all the way, who has made great achievements in Yanjin Shop, has made great efforts in selling snacks.

As early as 2021, Yanjin Shop chose to lay out the volume distribution, trying to change the sales channels, from relying on offline stores to new channels such as e-commerce and snack shops, supplemented by large supermarkets.

The effect of the reform is also remarkable..

Yanjin Puzi’s 2022 annual report shows that,Snacks are very busy, contributing 210 million yuan in sales to become the largest customer of Yanjin Puzi.,This sales accounted for 7.31% of the total revenue.,Almost the sum of the last four customers. In 2023, snacks were very busy, and the group’s sales reached 509 million, accounting for 509 million.It jumped to 12.38%At the same timeNew retail and other channels have become the main revenue sources of Yanjin Shop, accounting for more than 70% of the revenue.

Whether it is a good shop or a Yanjin shop,BothbeLooking for the increment in the channel, but Yanjin Shop took the lead in seizing the dividend.,Become the most eye-catching one in the snack enterprise in one fell swoop.

Profit puzzle

althoughBoth are "shops" with different licensing strategies, but under the impact of discount, both sides are facing similar problems: it is increasingly difficult to make money.

Discount formatIn vogue, inForcedsnackPlayers cut prices.,Providing cost-effective snacks is also eroding.wearTheir gross profit performance.

Let’s look at the good shop first.Watch“High end snacks"After the road gradually narrows,At the end of last year, Liangpin Store implemented the strategy of "the largest price reduction in 17 years" and announced a large-scale price reduction for its 300 products, with an average price reduction of 22% and the highest drop of 45%.

But price reduction is a "double-edged sword". Through price reduction, the good shop earned revenue in the first quarter of this year.Year-on-year growth of 2.79%The price is that the net profit has fallen by nearly 60%.Increasing income does not increase profit,letBestoreCamp recovery and warmthThe "surprise" brought is greatly reduced.

Besides,In 2023, the gross profit margin of the main business of Liangpin Shop can still be maintained at about 28%. After the price reduction, the gross profit margin in the first quarter of this year has dropped to about 26%., in the same industry at a low level.

On the other sideYanjin puzi, also facing the pressure brought by the price.

Looking at it for a long time, the Yanjin shopGross profit margin is also falling.The data shows that from 2020 to 2023, the gross profit margin of Yanjin Shop was 44%, 36%, 35% and 34% respectively. In the first quarter of 2024, the company’s gross sales margin dropped to 32.1%.

Yanjinpuzi explained that the year-on-year decline in gross profit margin in the first quarter of 2024 was mainly due to changes in channel structure, and the decline in the proportion of direct KA revenue led to a decline in the overall gross profit margin of the company.

In other words, the new retail channels that Yanjin Store relies on at present have lowered the gross profit margin.

One income increase does not increase profits, and the other gross profit margin is under pressure. Jiang Han, a senior researcher at Pangu think tank, told xiaoxiang morning herald Pepper Finance reporter that the discount price war has greatly reduced the profit margin of enterprises. In the long run, the profitability of enterprises will be seriously affected, and even losses may occur.

At the same time, he also believes that the price war weakens the innovation power of enterprises. Under the pressure of price war, enterprises often put more resources and energy into reducing costs and expanding production scale, while ignoring product innovation and quality improvement.

At present,The price reduction strategy of good shops and the deep cultivation of Yanjin shops are allMining "cost performance".

"Leisure snacks have entered a cycle of’ parity’." existChina food industry analyst Zhu DanpengIt seems that,Leisure and snack enterprises should not only consider "cost performance", but also "quality-price ratio". "In the next three years, enterprises with both cost performance and quality price ratio will develop better, and enterprises with better online and offline integrated operations will be evergreen."

Although the current two "shops" are changing in the marketShowed different living conditions.However, the competition of snacks is still going on. How can it be reversed after three years?

At least, in the future with both cost performance and quality price ratio,The new contest will also start again.

Xiaoxiang morning herald Chili Finance Reporter Luo Yaqi Chen Shizhen

Shenzhen Range Rover Sport Edition price reduction news, the lowest price is 838,000! just this once

[car home-Shenzhen Preferential Promotion Channel] brings you the latest automobile market dynamics, and the luxury SUV model that attracts much attention at present is undergoing substantial preferential activities. Consumers in Shenzhen are now an opportunity not to be missed to buy a car. It is reported that the discount rate is amazing, up to 180,000 yuan, which makes the Range Rover Sport Model with the original starting price of 838,000 yuan more close to the people. If you want to know more about the preferential information of specific models and the real-time car price, please click "Check the car price" in the quotation form, so that our professional team can help you win better car purchase discounts.

深圳地区揽胜运动版降价消息，最低售价83.8万！仅此一次

Range Rover Sport Edition shows the perfect combination of luxury and strength with its unique design and exquisite craftsmanship. The front face adopts the iconic Land Rover family design, and the air intake grille is decorated with large chrome, which is exquisite and domineering, creating a strong visual impact. The overall style is dynamic and the body lines are smooth, which shows the strong sporty atmosphere and luxurious texture of Range Rover Sport Edition. The details all reflect its pursuit of high-performance driving experience.

深圳地区揽胜运动版降价消息，最低售价83.8万！仅此一次

Range Rover Sport Edition shows the combination of strength and elegance with its exquisite body design. The body size is 4946mm*2047mm*1820mm, and the wheelbase reaches 2997mm, providing passengers with spacious and comfortable interior space. The side lines of the car are smooth and dynamic, and the front and rear wheel tracks are 1702mm and 1704mm respectively, which ensures the driving stability and handling. The car is equipped with 255/60 R20 tires, which not only provides good grip, but also further enhances the overall visual effect with exquisite rim design.

深圳地区揽胜运动版降价消息，最低售价83.8万！仅此一次

The interior of Range Rover Sport Edition presents an atmosphere of luxury and technology. Exquisite leather or leather steering wheel not only has a comfortable grip, but also supports electric up and down+front and rear adjustment, ensuring that drivers can easily find the best driving position. The central control area is equipped with a 13.1-inch high-definition touch screen and advanced voice recognition control system, which is convenient for users to operate multimedia, navigation, telephone and air conditioning, and supports wireless charging of mobile phones, which improves driving convenience.

In terms of seats, both the main driver and the passenger seat are made of imitation leather or genuine leather, providing good touch and support. The front and rear adjustment, backrest adjustment and multi-directional lumbar support are supported by the main and passenger seats, which are equipped with heating and ventilation functions to ensure comfortable riding. The driver’s seat also has electric seat memory function, which can be quickly adjusted to the ideal position according to personal habits. The second row of seats also considers the comfort of passengers, supports backrest adjustment, and can realize proportional reclining to meet various loading requirements.

深圳地区揽胜运动版降价消息，最低售价83.8万！仅此一次

Range Rover Sport Edition is equipped with a 3.0T L6 engine, with a maximum power of 265kW and a maximum torque of 500 Nm, which can output surging power. With the 8-speed automatic manual transmission, it provides a smooth driving experience.

Generally speaking, car home’s evaluation of Range Rover Sport Edition undoubtedly reflects her deep love for this luxury SUV. The appearance design, tall and powerful temperament and fine craftsmanship she mentioned all made people feel the charm of Range Rover Sport Edition. The detailed treatment of LED lights and all-aluminum wheels not only enhances the visual effect, but also satisfies her pursuit of quality. This model not only satisfied her dream, but also won her recognition with its unique style and excellent performance.

Putin connected with the public： answered 68 questions in nearly 4 hours.

　　China news agency, Moscow, June 30 (Reporter Wang Xiujun) Russian President Vladimir Putin connected with the Russian people through live television on the 30 th to answer various questions of public concern. According to RIA Novosti, the live connection lasted for 3 hours and 42 minutes, and Putin answered 68 questions.

　　According to the Kremlin Information Bureau, Putin received more than 2.2 million questions on this connection, including COVID-19 vaccination, people’s livelihood, economy and international affairs.

　　During the connection, Putin first talked about vaccination in COVID-19. He said that at present, more than 23 million Russians have been vaccinated with COVID-19 vaccine. I don’t support compulsory vaccination in COVID-19, but some places can implement compulsory vaccination for certain categories of citizens, especially high-risk groups, on the advice of medical experts.

　　Putin said that there are four kinds of COVID-19 vaccines in Russia, all of which are effective and safe. I inoculated myself with "satellite — V "vaccine, my daughter was also vaccinated with this vaccine, and the antibody was very high after vaccination. He stressed that there are many people who are opposed to vaccination. "We should not listen to rumors, but listen to experts’ opinions." Only vaccination can prevent the spread of COVID-19 epidemic.

　　When talking about people’s livelihood, Putin said that rising food prices are a global trend. At the beginning of last year, the price of Russian sugar rose by 41%, followed by sunflower oil. In order to curb food prices, the government has done a lot of work, including subsidizing raw material prices for production enterprises and raising export tariffs. The government is taking measures against prices.

　　Putin mentioned that 60% schools in Russia need maintenance and 10% schools need funds. The government has planned funds for these goals. In addition, Russia will allocate 500 billion rubles for the development of infrastructure in various places.

　　Putin said that Russia’s inflation was about 4% before, and now it has reached 5.9%. "Our goal is to curb inflation. I hope to push inflation to 4% ","It is very difficult to do this year, and the inflation level may reach 5% ".

　　Putin also talked about international issues in the connection. According to the Russian Defense Ministry, a British destroyer sailed into Russian territorial waters before, and the Russian ship was forced to fire a warning to drive it away. In this regard, Putin said that this incident is a provocative act with the participation of the United States. Because before the British destroyer sailed into Russian territorial waters, an American military reconnaissance plane took off from a military airport in Greece. Putin stressed that even if the Russian side sank the destroyer, the world would not be on the brink of World War III, because the western countries knew that they could not be winners.

　　Putin mentioned that he hoped that American experts could tell the political circles that the era of absolute hegemony in the United States was over. When everyone in America understands that the world is not unipolar, many things will change. He stressed that no matter what sanctions are imposed on Russia, Russia is developing, its national defense capability has reached a very high level, and some indicators have surpassed the United States.

　　Putin said that he hopes that the United States can realize that the world is changing. In this changing world, countries will reconsider their own priorities and interests. In the end, the world will be better and Russia-US relations will be normalized.

　　In addition, Putin also talked about the Ukrainian issue. He said that Ukrainian President Zelensky had put Ukraine "under external control". "Ukraine’s decision was not made by Kiev, but by Washington. Some decisions were made in Berlin and Paris. " Even so, I am still ready to meet with Zelensky, but I need to be clear about the content of my conversation with Zelensky.

　　The program "Direct Connection with Putin" was founded during Putin’s first presidential term. Because of its wide audience and high ratings, the Russian media called this program "Putin understands public opinion and is close to the people". (End)

New Ford Sharp L 2025： Advanced Quality, Do not forget your initiative mind

In the automobile market, every time a new car goes on the market, it means the beginning of an expectation and challenge. When the Ford Sharp L 2025 debuted with a brand-new attitude, it not only brought consumers a brand-new visual experience and technological experience, but also made no compromise in sticking to the bottom line of quality, demonstrating the Ford brand’s consistent pursuit of excellent quality.

Since its inception, Ford Sharp L has won the favor of consumers with its excellent performance, luxurious interior and practical space. However, the fierce market competition and the constant changes in consumer demand make every new car have to constantly break through itself in order to be invincible in the market. The listing of the 2025 Ford Sharp L is the best embodiment of this self-innovation. First of all, the new Ford Sharp L has made bold innovations in its design. The adoption of a more streamlined body design not only improves the aerodynamic performance of the vehicle, but also gives the vehicle a more modern and dynamic appearance. The design of the front face is sharper, and the perfect integration of LED headlights and air intake grille makes the whole front look wider and more atmospheric. The lines of the car body are smooth, and the design of the tail is fuller, which gives people a sense of stability and fashion.

However, the change in appearance is only part of the new Ford Sharp L. In the interior design, Ford also spared no effort to upgrade. Brand-new interior materials and technology not only enhance the sense of advanced inside the car, but also pay more attention to the handling of details. The center console adopts a larger touch screen, which is more convenient to operate, while retaining practical physical buttons, so that drivers can operate more safely during driving. The comfort and support of the seat have also been further improved, which can bring passengers the ultimate comfort experience whether it is long-distance driving or daily commuting. Of course, as an SUV, the driving performance and safety performance of Ford Sharp L can’t be ignored. The 2025 Ford Sharp L is equipped with the latest power system, providing a more powerful and efficient power output. Whether it is a city road or a rugged mountain road, this car can easily cope. In addition, Ford has also carried out a comprehensive upgrade in safety performance, equipped with the latest driver assistance system and active safety technology to ensure the safety of every passenger.

However, the most shocking thing is the persistence of the new Ford Sharp L in quality. In today’s increasingly fierce competition in the automobile market, many brands often lower the quality of their products at the expense of long-term reputation in pursuit of short-term profits. But Ford has always adhered to the bottom line of quality and carried out every production standard to the letter. From the selection of materials to the control of production technology, every link is striving for perfection to ensure that every Ford Sharp L can meet the highest quality standards. This persistence in quality is not only reflected in the manufacturing process of vehicles, but also in Ford’s emphasis on after-sales service. Ford knows that a good car should not only perform well when it leaves the factory, but also be consistent in use. Therefore, Ford provides comprehensive after-sales service and support to ensure that every car owner can get the most timely and professional help during use.

Generally speaking, the launch of the new Ford Sharp L 2025 is not only a product upgrade, but also a quality insistence. Ford brand’s innovative spirit and excellent craftsmanship in this car once again proved its leading position in the automobile industry. For consumers, this is not only the choice of a luxury SUV, but also a pursuit and commitment to quality life.

In today’s increasingly fierce market competition, the listing of Ford Sharp L 2025 undoubtedly provides consumers with a more trustworthy choice. It not only has the cutting-edge design of fashion and technology, but also adheres to its original intention in quality and does not reduce its points. This is not only an affirmation of Ford brand, but also the best feedback to every consumer who pursues excellent quality. It is expected that the brand-new Ford Sharp L will continue to write its brilliant chapter in the future market.

Mazda MX-5 commemorative edition price exposure Two models are available.

Mazda released an MX-5 Roadster 35 anniversary model in Japan on October 20th. The car adopts the exclusive paint of "artisan red" and is available in soft-top convertible and hard-top convertible models. The official said that this commemorative model will not be sold in limited quantities, and all consumers are welcome to buy it.

Mazda MX-5 commemorative edition price exposure

In terms of price, according to foreign media reports from Drive.com, the price of the soft-top convertible version is 3,753,200 yen (about 174,000 yuan). Roadster RF hardtop convertible offers two options: manual transmission and automatic transmission, and the price is 4.3549 million yen (about 202,000 yuan) and 4.3824 million yen (about 204,000 yuan) respectively. For reference, the starting price of Mazda MX-5 Roadster currently sold in Japan is 2,898,500 yen (about 138,000 yuan), while the starting price of Roadster RF model is 3,796,100 yen (about 180,000 yuan).

Mazda MX-5 commemorative edition price exposure Two models are available.

The appearance of this commemorative model uses "artisan red advanced metallic paint", which is based on Mazda’s "TAKUMINURI" painting technology. The car body is equipped with the nameplate of the 35th anniversary edition, and two different wheels can be selected. For the interior, the car is made of tan, with a 35th anniversary badge on the headrest of the sports seat, and a 35th anniversary edition pattern printed on the carpet inside the car.

Mazda MX-5 commemorative edition price exposure Two models are available.

Mazda MX-5 currently on sale has a size of 3915x1735x1230(1235) mm and a wheelbase of 2310 mm, and is equipped with 1.5-liter and 2.0-liter naturally aspirated engines, with maximum power of 100 kW and 135 kW respectively and peak torque of 152 Nm and 205 Nm respectively.

Japan’s mixed bath hot spring Aomori sour soup hot spring, Japan’s national recuperation hot spring No.1.

prior period, we analyzed from the cultural and social levels.A Brief History and Etiquette of Mixed Bath for Men and Women in JapanIt is a start to the tour of mixed bath hot springs.

So, what are the mixed bath hot springs in Japan that are convenient for Chinese tourists to visit?

Today, we introduce a hot spring called "Japan’s National Maintenance Site No.1", located in Aomori Prefecture, Northeast China.Sukayu onsen(Takinoyu, すかゆ).

The hot spring lodge standing at the foot of Bajiatian Mountain is like a lonely place, which is where the hot spring lodge and sour soup hot spring have been for 300 years.

The houses are all built with cypress trees, and there is not a pillar in the spacious room of 300 square meters.

The quality of acidic sulfur spring is milky white at the temperature of 48-64 degrees, and it has the curative effects of treating neuralgia, rheumatism, dermatosis, gynecological diseases, stomach diseases and hemorrhoids.

History of Hot Springs: It has been a place to recuperate hot springs since ancient times.

It is said that soup was opened in 1684 on the eve of the Edo era. Although located in the deep mountains, the guests who come to the hot springs for recuperation have never stopped since ancient times.

In 1954 (the 29th year of Showa), it was designated as "No.1 National Spa" together with 40,000 Hot Springs and Nikko Tang Yuan Hot Springs.

Because it is a mixed bath for men and women, the acceptance of this custom by society has also experienced twists and turns. From this episode, we can know the acceptance of mixed bath in Japan.

Sour soup hot spring is also known as "a thousand people’s style", that is, a huge bath can accommodate thousands of tourists at a time. Everyone is crowded together, and it is inevitable that some "unscrupulous" people such as salty pig hands will be mixed in, which will bring about the collapse of hot spring etiquette and the opinions of female tourists will begin to increase. Therefore, in June 2004, the hot spring was equipped with a partition. Instead, more opinions were received, and the cultural intention of mixed bath hot springs was lost. The hot spring operators had to dismantle the partition again in October of the same year.

In order to keep the traditional mixed bath way and hot spring culture, in April 2005, some regulars spontaneously formed the organization of "Guarding the Mixed Bath Club", and the intention of keeping the traditional mixed bath culture is self-evident.

Sour Soup Hot Spring Hotel is located at an altitude of 925 meters, which is a hot spring hotel with no pretense and full of quaint nostalgia.

Since ancient times, as a spa, the "cypress with a thousand people’s winds" here has been favored by local people.

There are 160 "soup huts" as big as tatami, all made of cypress wood, without a pillar. Since ancient times, the rolling milky white color temperature spring water has witnessed the passage of time and has never stopped.

Mixed bathing between men and women is a common custom here. People of all ages, men and women enjoy the gift of God together in a spacious bathing place.

When it comes to sour soup hot springs, the first thing people think of is the bathroom with thousands of people, and the big bath with cypress wood results, "cypress with thousands of people". The momentum and scale will surprise those who come to experience it for the first time.


Huang Xiaoming spent time with his ex-wife and girlfriend, and the new love and the old love used the same face, but the situation was totally different!

On May 6th, Huang Xiaoming and his ex-wife Angelababy took their children to visit Disneyland, during which the atmosphere was pleasant, as if the old love was rekindled. However, Huang Xiaoming didn’t stop later and went directly to his current girlfriend Ye Ke for dinner. Ye Ke is somewhat similar to Angelababy in appearance, but their living conditions are quite different. Huang Xiaoming dotes on Ye Ke, giving gifts such as flowers and jewels. In contrast, Angelababy is even more lonely.

On May 6th, a group of pictures of Huang Xiaoming and his ex-wife Angelababy strolling around Shanghai Disneyland amusement park with a 7-year-old sponge were exposed in the entertainment book "Photography of Liu Dashui", and a family of three who had been in the same box for a long time also attracted the hot discussion of thousands of netizens.

During the May Day holiday, Huang Xiaoming and Baby punched in Disneyland again. Although the relationship between husband and wife has been shattered, they have been trying their best to make up for the trauma caused by the breakdown of marriage, and they also get together from time to time for the sake of the little sponge.

In fact, at the beginning of December last year, some media photographed Huang Xiaoming traveling in Shanghai Disneyland with her son, accompanied by actress Alina Zhang and her daughter, who reappeared in Disney after half a year, but her friend became the child’s mother Angelababy.

At about 5: 30 in the evening, Huang Xiaoming, wearing a baseball uniform mask, walked out of Disney with his "wife and children". The two of them deliberately pulled away from each other in tandem, and there was not much communication along the way.

It’s just that the clothes they wear are ridiculed by netizens as a pair of lovers’ clothes, all of which are the same series of small fragrant casual coats, and both sides have a tacit understanding.

land

Wearing a baseball cap, that’s why it was said that they remarried.

The vigilant Angelababy found that after being photographed by paparazzi, she readjusted her mask and deliberately lowered the brim of her hat, revealing a sense of fatigue in her unhappy brow. This performance was ridiculed by countless netizens that Angelababy was deliberately photographed by the media, trying to make a comeback through her ex-husband’s personal connections.

Although the parents are divorced, the children are the treasures of both families. This scene made netizens feel that if Huang Xiaoming and Angelababy had not divorced, would they be happier than they are now?

Happy moments are always short.

After attending the children, Master Huang quickly dated his rumored girlfriend Ye Ke and became a "master of time management", even without time to change his clothes.

To this end, many media laughed and said: This time I met my ex-wife and got Ye Ke’s "approval".

In fact, as early as a long time ago, it was circulated on the Internet that "Angelababy’s career fell into a trough and asked her ex-husband for help".

Although there is no real hammer in this news, we can feel that Huang Xiaoming just casually "stretched out his hand" and Angelababy boarded the hot search, which is a good thing for her.

In this regard, many netizens said: Huang Xiaoming never takes children for marketing and builds a good father’s personal design. On the contrary, Angelababy often talks about children intentionally or unintentionally, and goes to hot search every time.

It can be seen from this that Huang Xiaoming’s personality is still very good. In those days, the man won the red woman in one hand, but after Angelababy became famous, she created a "man-free, self-reliant" personality, which was somewhat artificial.

After the two divorced, Angelababy’s situation was in jeopardy, and he watched the "Crazy Horse Show" at a critical period, and his popularity was scattered all over the place, and no one supported him.

Yang Ying was once ignored. Huang Xiaoming didn’t throw a person when he was down, and she was even willing to cooperate with her in marketing, keeping a decent face. Obviously, others are still very nice.

So this time, many netizens questioned that they would remarry. The author thinks: Certainly not. Huang Xiaoming’s kindness does not mean that he will remarry his ex-wife. These are two concepts.

It is not difficult to find that if you want to be a Changhong in the entertainment circle, you should not only have strong business ability, but also have all kinds of resources and super strength. Huang Xiaoming is such a person, so he lives a natural and unrestrained life and many people are calm.

On the contrary, Angelababy, although a nice person, is getting worse and worse in the entertainment circle. Her acting skills are not good, her singing is out of tune, and even her beloved Running Man abandoned her. How much value does Angelababy have left?

Apart from being stars, Huang Xiaoming and Angelababy are competent parents.

Getting started is enough with long battery life. How to choose the configuration of MONA M03 in Tucki？

On the evening of August 27th, Tucki M03 was officially launched on "Xpeng Motors 10th Anniversary Hot Love Night". The new car was launched in three configurations, namely, 515 long battery life version, 620 long battery life version and 580 long battery life MAX version. The official guide price range was 119,800 yuan to 155,800 yuan. The price of Tucki M03 is not high, but its configuration is not cheap. According to official news, the number of new cars has exceeded 10,000 in 52 minutes. Then, what is the specific product strength of this car? Let’s learn more about it together.

The overall appearance of Tucki M03 presents a young and fashionable style design, which adopts a closed front face and is equipped with a T-shaped integrated light group, and the front enclosure is equipped with an AGS active air intake grille, which can effectively reduce the wind resistance. The headlights come standard with automatic headlights, adaptive low and high beams and delayed turn-off.

The new car has a length, width and height of 4780x1896x1445mm and a wheelbase of 2815. It is a compact car. The overall lines on the side of the car body are smooth, with a hatchback body design and a hidden door handle. The new car comes standard with 18-inch aluminum alloy wheels, and 19-inch sports wheels and Michelin tires are available for optional installation. The D-pillar position of the vehicle also has an air deflector. The rear part adopts a T-shaped split taillight similar to the headlight style, and a "duckling tail" is designed on the trunk cover. The whole car adopts a lot of aerodynamic optimization design, which can effectively reduce the wind resistance, and the wind resistance coefficient of the new car is only 0.194.

In the interior part, the whole new car adopts minimalist design, the leather steering wheel adopts double-spoke D-shaped structure design, and there is a wheel button on each side of the steering wheel, which is matched with an electronic gear shifting mechanism. The new car needs optional LCD instrument panel, and does not provide HUD head-up display function, only equipped with a 15.6-inch floating central control panel. The car has built-in Qualcomm Snapdragon 8155P on-board intelligent chip, which provides functions such as front and rear partition speech recognition control system, GPS navigation, facial recognition, 4G network, gesture control, OTA upgrade and so on.

The new car seat is made of imitation leather, which supports the standard 6-way electric adjustment of the driver’s seat and 4-way electric adjustment of the co-driver’s seat, and the whole system comes standard with the seat welcoming function. The long battery life version also provides seat ventilation and heating and main driving memory functions.

In addition, Tucki M03 also comes standard with functions such as wireless charging panel of mobile phone, built-in driving recorder, etc., and provides PSS advanced customized speaker sound system with 18 speakers, and 7.1.4-channel surround sound arrangement with sky channel is optional.

In terms of power, the new car provides two different specifications of single motor drive. The maximum power and torque of the motor on the 515 long-life version are 140kW, 225N·m, the matching capacity is 51.8kWh, and the CLTC pure electric cruising range is 515km；. The 620 long battery life version and the 580 long battery life MAX version are equipped with a motor with a maximum power of 160kW and a maximum torque of 250N·m, both of which have a matching capacity of 62.2kWh. Due to the slight differences in configuration, the CLTC pure electric cruising range of these two versions is 620km and 580km respectively.

In terms of intelligent driving, Tucki M03 has L2-level intelligent driving assistance capability. The 515 long battery life version and 620 long battery life version models with low mid-range are equipped with XPILOT assisted driving operating system, equipped with 2 millimeter-wave radars, 12 ultrasonic radars and 9 cameras inside and outside the car, supporting adaptive cruising, lane keeping and intelligent parking in full scene. The top-of-the-line 580-long-endurance MAX model is equipped with XNGP driver-assisted operating system, built-in NVIDIA DRIVE Orin intelligent driver-assisted chip, 3 millimeter-wave radars and 12 ultrasonic radars, and has 12 cameras inside and outside the car. In addition to the basic intelligent driving assistance function, it also supports high-speed/city full-scene NGP navigation assistance, parking, intelligent outbound and other functions.

The entry-level 515 has a long battery life, pushing the price to 119,800. Obviously, it has a fight with the price killer BYD, and the configuration is relatively complete and the cost performance is high. 620 long battery life version, the power and battery capacity have been improved, and the front seat has been heated and ventilated, as well as the ambient light in the car, which is 10,000 yuan more expensive. I feel that everything except power and battery is given, and the cost performance is still outstanding. If I am not interested in smart driving, I highly recommend buying this one. The 580 long battery life MAX has the same power as the long battery life version, but the battery life is less. Three millimeter-wave radars, ORIN-X chips and XNPG system are added to the configuration, which mainly improves the intelligent driving ability, and friends who often run long distances can consider it.

On the whole, the design, dynamic performance and intelligent configuration of Tucki M03 are remarkable. The configuration of Tucki M03 is relatively perfect, and the battery life is also long, and the overall cost performance is relatively high. However, there is a price difference of 27,000 yuan between the top version and the middle version. Although it is equipped with high-level intelligent driving assistance function, its endurance is slightly inferior. In this respect, it depends on whether consumers are pursuing cruising range or intelligent driving function. Personally, Tucki M03 will be a good choice for young consumers who want to start a cost-effective pure tram.

Foshan ZEEKR 007 price reduction news, special offer 209,900! There are plenty of cars.

In the [Easy Car Foshan Local Car Market Promotion Channel], we sorted out the ongoing
Preferential activities. As a car that has attracted much attention, ZEEKR 007′ s current discount rate is still amazing. The highest discount rate can even reach 10,000 yuan, and the lowest starting price is only 209,900 yuan. You can win a larger discount rate by clicking the "Inquiry" button in the quotation form. If you are looking for a practical and affordable model, you may wish to learn about the discount of ZEEKR 007.

First of all, from the appearance, the front face of ZEEKR 007 looks very tough and sporty. Coupled with simple and fashionable headlights, the overall look is beautiful. The car is equipped with LED daytime running lights, headlight height adjustment, automatic opening and closing, adaptive far and near light, delayed closing and so on. Come to the side of the car, the car body size is 4880MM*1900MM*1448MM, the car uses cold lines, the side looks very capable, with large-sized thick-walled tires, the overall visual effect is very full. Looking back, the rear of the car echoes the front of the car, the taillights look very full, and the whole looks very beautiful.

In terms of interior, the interior style is very angular and the visual effect is good. The car’s steering wheel shape is eye-catching, equipped with electric up and down+front and rear adjustment, steering wheel memory, steering wheel heating and other functions, practicality and face value are not bad. From the central control point of view, the car is equipped with a touch-sensitive LCD central control screen, which makes the interior design quite layered and looks quite exquisite. Let’s take a look at the dashboard and seats again. The car is equipped with a tough dashboard, and the trendy design elements make people remember it at a glance. The car uses a leather/suede mix seat, and the seat is wrapped in place, which is very comfortable to ride.

ZEEKR 007 motor has a total power of 475KW, a total torque of 710N.m and a maximum speed of 210 km/h..

As a brand-new electric SUV model, ZEEKR 007 has excellent performance in many aspects. First of all, in terms of handling, its chassis adjustment is very stable and the steering is accurate, giving people a good driving experience. Secondly, the car’s power is also very strong, both starting and accelerating are very rapid, which makes people full of confidence. Finally, in terms of space performance, ZEEKR 007 also has a satisfactory performance, both the front and rear rows of seating space and the luggage space are very sufficient, which can meet the needs of most consumers. Generally speaking, ZEEKR 007 is definitely a good choice if you are looking for an electric SUV with excellent handling performance, powerful power system and spacious and comfortable interior space.

Extremely dissolved in place： a farce of building a car by Baidu

When Gao He fell down in the first half of the year, he felt very tragic, but at the end of the year, it was more and more like a farce, which made people angry. But this is the winter of 2024, and it will obviously not be the last company that has not passed this year.

Wen San zhi Jia Wang Lao Jia ling Jiang

Edit | Rain Come

At the end of 2024, there is a retro flavor, and the word "year-end" is apt to many car makers.

Half a month after the disappearance of the Internet, Zhang Yong confirmed that he had been transferred from CEO of Nezha Automobile as a consultant. Li Bin answered 203 questions at a communication meeting in one breath, diligently and seriously, but still could not get rid of being questioned. Of course, the most difficult thing was Xia Yiping, CEO of Jiyue Automobile.

On December 11th, when Xia Yiping announced that the company had entered the entrepreneurial 2.0 era through a five-minute video conference, employees in various departments of the company didn’t immediately understand that this statement was actually a euphemism for "dissolution in place".

T Jun was still writing a plan when she understood that Xia Yiping said that the new stage of entrepreneurship meant that wages would be stopped and social security payments would be stopped. When she found that the video of the ultra-Vietnamese anchor changing from selling cars to live rights protection was all over the network, she received HR’s alternative plan: either take the initiative to leave her job and compensate N+1, and the payment time is uncertain, or leave her job without pay, not only without salary, but also without social security.

And the girl behind her station has cried, and she is pregnant and about to give birth.

01.

The sudden collapse of a 5,000-person company

The employees of Extreme Vietnam are mainly distributed in Shanghai, Beijing and Wuhan, and the earliest time for Beijing employees to pay social security is December 13th. Extreme Vietnam Auto Grab announced its dissolution on December 11th because the cash in its account has been frozen, and there are rumors that there is no full cash in its account.

Such a sudden "dissolution" of a company with more than 5,000 employees did not give any warning or even a time window for the local government to understand the cause of the incident. Since 2014, in the tide of new car-building involving more than 200 entrepreneurial teams, the fate of Ji Yue is the most bizarre, and it can even be described as timid and sad.

This is not a retreat, let alone a business failure, but a chaotic, disorganized and irresponsible breakup.

This collapse not only hurt the owners and employees of the ultra-Vietnamese car, but also caused another collapse of Baidu’s investment in building cars, and cast a shadow over the reputation of all new brands.

For Baidu and Geely’s two major shareholders to withdraw their capital at the same time, the insiders of Extreme Vietnam said that it originated from Baidu’s sending a financial team into Extreme Vietnam in October 2024 to conduct due diligence to prepare for the original follow-up investment of 3 billion yuan.

However, this survey completely extinguished the idea of Baidu’s follow-up investment.

Caixin.com quoted Baidu insiders as saying:"As a result, it was found that there was a pool of bad debts with a financial hole of up to 7 billion, and it was decided not to continue to invest. 」

However, there is no official response to Geely, which is responsible for providing the platform and technology for building cars. The extreme statement circulating is that Geely has not received a fee since the first model was listed on the market.

However, according to internal feedback, Geely is open to the follow-up cooperation with Baidu, settles the necessary funds and continues to undertake the responsibility of OEM.

But Baidu doesn’t want to continue.

During the 48 hours when Xia Yiping faced angry employees and suppliers’ representatives alone, there were no shareholders’ representatives from Baidu and Geely, and rumors that Baidu might sue Xia Yiping and his management team have been raging.

In a video of a communication meeting held by employees of Chaoyue at 2 pm on December 12, Xia Yiping responded to the rumors of accounting chaos and internal corruption spread on the Internet: "The company’s governance is very good, and the shareholders’ representatives have audited the company every month, and they have just conducted a comprehensive audit of the company, which was completed by the shareholders’ representatives of Baidu. The company’s financial controller is also from Baidu, and shareholders have been involved for a long time, so don’t doubt that we.The comprehensive audit of the whole company has been completed without any problems.」

Liu Jining, the chief financial officer from Baidu mentioned by Xia Yiping, was said to have lost contact on December 2, and went to Singapore alone, and it was reported that he had taken away the company’s account books.

Today, 21st century business herald quoted an insider’s information as saying that Extreme Vietnam "internally uses the third-party enterprise financial management system-SAP (SAP) system, and any senior person in the company can get the company’s account books when entering the system. Since the establishment of the company, Ernst & Young, the auditor of Baidu, has audited the company in strict accordance with the standards of overseas listing. There is no such thing as anyone running away with books. 」

However, the insiders gave feedback to Zhijia. Only a few people, such as Xia Yiping and Liu Jining, knew the company’s financial situation.

Regarding the sudden shutdown of the company on December 11th without warning, Xia Yiping said, "I got the relevant resolutions from the board of directors and made the actions yesterday (December 11th), which were decided by following the legal process. I personally can’t decide this matter. I am just a minority shareholder, and 80% of the voting rights of this company are in Baidu. I just have the decision-making power in business. 」

This statement was considered by the employees of Extreme Vietnam that between Xia Yiping and Baidu, the two sides have been in a state of mutual dumping.

W Jun told Zhijia. com, "I began to believe that the online statement was that a few days ago, a disgruntled shareholder representative threw a cup at Xia Yiping and scratched his face. 」

On December 2nd, Xia Yiping released a short video in Tik Tok, in which his right cheek was injured. He laughed and said that he was bruised by riding a bicycle and was rumored to be beaten by employees: "Next time, you should show me boxing." 」

Ten days later, Xia Yiping, whose face was still scarred, was always surrounded by employees in the company, and was overwhelmed by the overwhelming shouts of "Give us the deposit to pay social security" and "Leave your ID card and passport".

As for Xia Yiping’s appearance in the office the next day after he announced the dissolution of the company in disguise on December 11th, an employee who has also been stationed in the company for more than 24 hours said, "His coming back is naive, silly and lovely. It can be understood as his kindness. 」

Xia Yiping, who returned to the company, kept the rhythm of communication every two hours yesterday. He was followed by employee representatives and supplier representatives. A supplier arrived in Shanghai from Wuhu, Anhui at four o’clock this morning, and he owed him as much as 100 million yuan.

▲ List of demands made by employees of Extreme Vietnam.

However, the stop and swing of the Extreme Yue is triggering a series of chain reactions. The intelligent driving function ASD of the sold models is disabled, only the lane keeping function is available, and the key function of the mobile phone is also advised to be used with caution. On the morning of December 13th, representatives of car owners have gone to the headquarters of the Extreme Yue Shanghai Company.

02.

A belated shareholder statement

At 17 o’clock on the afternoon of December 13th, 48 hours after the suspension of the company, Baidu and Geely, two major shareholders of the company, issued a joint statement saying that they would solve the social security payment of employees and the aftermath of employees who left the company as soon as possible. Maintain the normal use, after-sales and maintenance of users’ vehicles; And promote the reasonable and legal settlement of other matters.

This statement is a comfort to all parties, but it also indicates that the country has entered the countdown of closing the door for liquidation.

In this statement, it is specifically mentioned: "Jiyue automobile products are manufactured by Geely factory and authorized to operate exclusively by Jidu.」

This sentence shows the bitterness and helplessness of Jiyue Model: the trademark ownership of Jiyue Automobile belongs to Geely Group. After Jidu Automobile failed to obtain the production and sales qualifications, Geely Group temporarily authorized Jidu Automobile to save the scene, and finally formed the exclusive agency status of Jidu Automobile.

This paper statement completely presents Baidu’s free posture as a pure investor in the company of Jiyue Automobile.

Strictly speaking, Extreme Yue Automobile is not the first car-making project led by Baidu. In 2013, Baidu followed Google and began to lay out autonomous driving. On March 1, 2017, Baidu integrated related businesses and resources to establish Intelligent Driving Group (abbreviated as IDG). In the same year, Baidu released the "Apollo Plan" at the Shanghai Auto Show and opened the autopilot platform Apollo.Also in this year, Baidu repeatedly increased Weimar’s B, C and D rounds of financing, becoming its largest external shareholder.

Both Baidu and Tencent were early major investors in Weilai Automobile, but Baidu increased its investment in Weimar after discovering that it could not dominate Weilai’s investment.

The two sides also began to cooperate deeply in technology, especially in intelligent driving, and established the Weimar &Apollo Joint Technology R&D Center for Smart Cars to provide automatic driving solutions for Weimar production models.

At that time, there were rumors that Baidu had the possibility of holding Weimar. Every step forward in intelligent driving requires a lot of vehicle data, and also requires automobile manufacturers to open data interfaces to intelligent driving companies. Controlling a car company is of great benefit to intelligent driving research and development.

However, Weimar never got rid of Geely’s patent litigation from its founding to its final exit in a mess.

Freeman Shen, the founder of Weimar, assisted Li Shufu in the acquisition of Volvo Cars by Geely. However, when he left Geely to start Weimar Automobile, Shen Hui took away many talents from Geely in R&D, technology and quality control, which triggered a six-year dispute over Geely’s accusation of infringement of Weimar new energy vehicle chassis technology secrets.

The deep cooperation between Geely and Baidu began in July 2019. The two sides announced that starting from Geely Bo Yue PRO, Geely Automobile will be fully equipped with GKUI19 system integrating a small-scale in-vehicle interactive system.

On January 11, 2021, Baidu officiALLy announced that it would build a car. Geely was a strategic partner and became the first Internet giant in the BAT camp at that time. Li Yanhong put all his reputation on March 30, 2021. Lei Jun, who built a car all, started two months earlier.

At that time, Freeman Shen, the founder of Weimar Automobile, was also sitting in the audience. After a year of suffering from the COVID-19 epidemic, many new car-making forces suffered from sluggish sales and poor follow-up financing. Selling Weimar to Baidu has become one of the considerations of Weimar decision makers.

When Freeman Shen saw Li Shufu standing on the stage with Li Yanhong, he knew that his idea was impossible to realize.

On October 10, 2023, Weimar Automobile, whose IPO failed, filed for bankruptcy.

In June, 2024, after six years of long litigation, which cost more than 13 million yuan, Geely successfully defended its rights. In the second instance, the Supreme People’s Court applied twice the punitive damages judgment, and Weimar compensated Geely for its economic losses and reasonable expenses for defending its rights totaled about 640 million yuan.

In the interpretation of the outside world, one of the main reasons why Geely, which has held many pure electric brands, once again chose to cooperate with Baidu to build a car is to block the cooperation between Weimar and Baidu.

03.

There is no real founder’s extreme leap mode.

On March 2, 2021, Jidu Automobile was established. Baidu and Geely owned 55% and 45% of the shares respectively, and Xia Yiping became the CEO of the company.

Geely is responsible for manufacturing and exporting the vast platform of Geely’s own intellectual property rights. Baidu empowers automobile companies with core technologies such as artificial intelligence, Apollo autopilot, small-scale car, and Baidu map.

Xia Yiping was in the window of resignation after mobike, founded in Li Bin, was acquired by Meituan. There have been different opinions about whether he is a professional manager or an investor.

Xia Yiping called himself an early angel investor of Jidu Automobile yesterday, but his share was very small. After going through the B and C rounds of financing, Baidu has maintained 80% super voting rights in the joint venture company, which is the absolute leader of the company.

with regard toIn the third quarter of 2023, the new joint venture company, Jiyue Automobile, held 65% of Geely’s shares and 35% of Baidu’s shares. Behind it, Baidu failed to seek the qualification to build a car, so it could only borrow Geely’s qualification to build a car and the trademark "Jiyue". Geely and Baidu re-planned the stock ratio of the joint venture company to regulate the restrictions of the automobile industry policy, and thenThe ultra-yue automobile products are manufactured by Geely factory, and the exclusive operation mode is authorized to realize Baidu’s control over the car-making project.

Although Xia Yiping is the CEO of Jidu Automobile and Jiyue Automobile at the same time, his actual identity is not only the representative of Baidu in the joint venture company, but he can’t avoid the position that he is still a professional manager in essence:I only have the decision-making power in the specific operation of the company.

He has only one vote on the board of directors that can decide the fate of the company.

Xia Yiping’s first job crisis began in May this year. Since the first model of Extreme Yue Auto, Extreme Yue 01, went off the assembly line for pre-sale in September 2023, the monthly sales volume has been in the hundreds. The news that Baidu intends to replace Xia Yiping began to spread in the industry.

On August 29th, Jiyue held an end-to-end AI smart driving conference. In the media exchange session after the meeting, faced with the reporter’s question "What measures did Jiyue take to make sales exceed 1,000 units", Xia Yiping suddenly lost control of his emotions and shed tears. It was hard to suppress his sobs.

He said that thanks to the trust of shareholders of Geely and Baidu, the continuous live broadcast made users believe that Ji Yue was still alive and kicking, and Ji Yue walked out of the ICU.

After Lei Jun released SU7, there appeared a round of follow-up phenomenon in China automobile industry, in which the person in charge of the automobile brand personally broadcast the goods and strived to be online celebrity.

After Xia Yiping made up his mind to be "Dong Yuhui of the automobile industry", he set up a post in charge of his IP. He started shooting videos in May this year and shot more than 80 videos in June.

Xia once said,The output can’t meet the demand of the order, and it has encountered happy troubles.

What Xia Yiping didn’t disclose was that at the board meeting held in the middle of the month, Baidu executives didn’t know when the subsequent investment of 3 billion yuan would arrive.

Summer is still broadcast live day and night, regardless of hard work. A month ago, at the Guangzhou Auto Show, the third model, Robo X, was released.

Everything is going step by step.

Before the lockout, the sales volume released by Extreme Vietnam in November was 2,485, ranking 22nd in the list of new energy vehicles of Zhijia.com..

It can be considered that Ji Yue has been at the poker table.

In the normal golden September and silver 10, the company achieved the highest sales volume. Although it declined in November, it was still above 2,000 units, and the monthly sales volume exceeded the whole year of 2023.

From the outside world, including employees of the company, the performance of the company in the market is getting better at any level.

This once convinced the media that the news that CFO suddenly lost contact and laid off 40% employees was a rumor.

04.

Guest Li Yanhong

T Jun attributed Baidu’s abandonment of Jiyue Automobile to Baidu’s lack of strategic strength.

She followed Xia Yiping for many years, from mobike to Vietnam.

"Baidu, a company with an annual profit of 20 billion yuan, is unwilling to pay 3 billion yuan. (Investing 3 billion yuan) is basically a certain thing, and the company’s business has been promoted, but when the company really has no money on its account and hopes that 3 billion financing will arrive as soon as possible, Baidu suddenly stops. 」

The internal complaints about Baidu and Robin Li didn’t start today. In the past three years, Robin Li, as a shareholder, consumed his own traffic for the platform. Even most Baidu employees have never heard of this car brand invested by Baidu. This year, Yuejie organized a car sale in Baidu Park. "Baidu employees seem to be looking at a strange brand in front of us. 」

T Jun worked in Meituan for a short time after he was acquired by Meituan in mobike.

Wang Xing, the founder of Meituan, invested US$ 1.15 billion in LI. He is a major shareholder but not a controlling shareholder. However, in Mr. T’s impression, Wang Xing did not hesitate to recognize and admire the LI brand on any occasion. To his surprise, at one time, any employee who wanted to report to Wang Xing or report to the mezzanine basically changed his car to an ideal, because Wang Xing was talking about ideals every day.

In contrast, a surprising scene happened on September 10 this year.

This is the largest press conference since the establishment of Jiyue. In the VIP room at the 07 press conference site, Xia Yiping and Wang Yunpeng, vice president of Baidu Group and head of IDG, welcomed Li Bin, chairman of Weilai, Zeng Yuqun, chairman of Contemporary Amperex Technology Co., Limited, and Li Yanhong himself as "seemingly masters".

At the beginning of the press conference, the group photo of Ber Ber and Zeng was once screened in the media group.

But to the media’s surprise, it was not Robin Li, a well-known Internet tycoon who had been under the stage for two hours, but Zeng Yuqun, the chairman of Contemporary Amperex Technology Co., Limited, a battery supplier, who became the No.1 owner of the new car at the press conference.

When Zeng Yuqun gave a speech on the stage, saying that Rubin, like Li Yanhong, was the English name, Rubin under the stage still didn’t mean to get up and do his best as a landlord.

She said:"Li Yanhong became a guest at the company conference that he invested and led. 」

The reason why Li Yanhong didn’t get up to give a speech at the scene for two hours was "because Li Shufu, the chairman of Geely, who is also a shareholder, only appeared in the form of video, which made Li Yanhong feel unequal. Even though CEO Xia Yiping invited him many times, he still insisted on not giving a speech at the stage. 」

"He is like an emperor in the late Qing Dynasty, because foreign envoys don’t kneel down and don’t meet. 」

In fact, today’s resumption of trading stopped suddenly. Perhaps at that time, Baidu had made up its mind not to inject more capital, and Li Yanhong could not take the stage to express his position in an appropriate way.

Huawei, Baidu and Xiaomi announced their entry into new cars at almost the same time. The logic of Huawei and Baidu’s entry into cars is similar, creating opportunities for their huge investment in smart driving technology, and then attracting other brands to buy. When the sales volume of cars reaches a scale, their data can be fed back to the R&D team.

This year, the profit announced by Huawei BU is closely related to the sales of various models of HarmonyOS Zhixing.

Compared with Li Yanhong, both Yu Chengdong, a professional manager, and Lei Jun, an entrepreneur, made cars by ALL IN, which drained almost every traffic value from themselves.

It can be said that in the eyes of Yu Chengdong and Lei Jun, failure in building a car is not the same as ruin.

The same is true of Extreme Yue to Baidu, but it is nine Niu Yi hairs to Geely.

On the one hand, Geely is entering the strategic contraction stage of shutting down and turning around. After Li Shufu issued the Taizhou Declaration on September 20th, a series of integration measures of Geely were vigorous and vigorous. Geometry and LEVC were merged into Galaxy successively, and pickup truck brand radar was integrated into Geely Automobile Group to become a department, and extreme krypton and Lectra merged.

As for the smart cockpit and intelligent driving of Baidu valued by Geely, as early as July 4, 2022, the Xingji era of Geely Holding became the controlling shareholder of Meizu Technology.

Later, Xingji Meizu released the FlyMe Auto cockpit system with handcart interconnection, and at the same time invested in core engine technology to lay out intelligent driving.

Geely has no realistic need for further in-depth cooperation with Baidu. Under the guidance of the increasingly strong attitude of full-stack self-research by the OEM, Baidu has invested heavily in L2 and L4, but it is losing the opportunity to compete with Huawei and even Momenta.

The brief cooperation between Baidu and Lantu Automobile has been replaced by Huawei, and Robotaxi has expanded its cooperation in Wuhan, but the new generation of models has been delayed in mass production.

Baidu, which claims to be AII In AI, is said to have invested hundreds of billions of yuan in AI and smart driving. The more it is, the last terminal consumer product that Baidu AI mass production landed. The more it is alive, the more AI will be born.

But perhaps the investment of 3 billion yuan is also a heavy burden for Baidu today.

T Jun said that he finally believed that sentence, why Baidu stood in the air every time and missed the air.

Nearly 48 hours after his sudden death, the media have been making repeated offers, and employees of Extreme Vietnam also think that they have been kidnapped by Xia Yiping and Baidu, which is like entering a dead end.

Baidu, Xia Yiping, employees, car owners and suppliers are all losers for Baidu’s withdrawal in a huff.

Looking back at the extreme mode today, Xia Yiping, who is in the whirlpool, is not only a soul deliberately created by the extreme, but also a representative of Baidu’s management, and an object close to a professional manager who needs to be supervised and audited.

His distorted identity determines the extreme predicament.

On the occasion of a great leap, Li Zhenyu, one of the original founders of Baidu Apollo, has also left his job and joined a smart business.

In 2024, many companies founded by employees who left Baidu went public, such as Horizon founded by Yu Kai, Xiaoma Zhixing founded by Peng Jun and Lou Tiancheng, and so on.

Baidu is of course the Huangpu Military Academy that China is driving, but this formulation also means that Baidu itself has not walked out of the quagmire.

For the extreme collapse, Baidu ignored the point that the internet car-making enterprise, after all, is not a software company with light assets, and its logic of divestment and closure cannot be adopted in a one-size-fits-all manner.

Baidu, as the leading party, directly stopped investing in a manufacturing enterprise with more than 15,000 car owners, ignoring that automobile products need to be maintained, repaired and maintained for nearly ten years, and that smart cars need 24-hour service guarantee of cloud and car dealer software systems. It is doomed to face a new round of rights protection impact from car owners after appeasing its employees.

Baidu’s sudden withdrawal is not only an irresponsible and reckless move, but also greatly hurts China’s new car brand."Don’t buy products from new forces" is forming a label consensus.

On December 12, Yang Yueqing, the former engineering director of Gaohe Automobile Project, sent a video suggesting that the owner of the company should deal with it as soon as possible before its value response disappears so quickly. "Don’t have any illusions, its after-sales parts will be continuously supplied. 」

Although Baidu and Geely issued a statement on December 13th, claiming that they will carry out relevant maintenance and services for the vehicle models, the subsequent legal entanglement may be more chaotic with the employees.

At 8 o’clock last night, Xia Yiping responded to the Joint Statement issued by Baidu & Geely in the new round of rights protection negotiations. He himself said that he did not recognize it: "This is not a plan, and I don’t even think it is possible to make a statement. 」

In the early hours of midnight, Xia Yiping told employees that they had set up an emergency team specifically for employees’ compensation with Baidu and Geely, and calculated the compensation based on the list of all employees and the demands made yesterday. At the same time, shareholders and local governments also communicated with each other to promote the solution of the problem together.

As a new day approaches, employees and suppliers are still following him closely, and his desire to go back to the hotel to rest has failed.

"Today, it was said that people from management came to communicate, but we didn’t see it. An angry but very tired employee said, "My wife is going to lose her job, and her company is owed more than 50 million yuan. 」

Extreme Vietnam has not yet gone bankrupt and liquidated, and it is still a sustainable company. Will someone take over the offer later?

The Wuhan municipal government was once rumored to be one of the interested parties, which is related to the relatively pleasant cooperation between Baidu Apollo and the Wuhan municipal government. The venue of the ultra-Vietnam Wuhan is said to be used by the ultra-Vietnam free of charge by Wuhan, but who has the courage to make such a decision when it is becoming more and more like a joke?

Is this the end of the pole?

A geek in his twenties said to Zhijia. com, "I really like Jumbo 01. It’s a pity. 」

K Jun, an autobot who has been tracking the extreme Vietnam incident for two days, said, "When Gao He fell in the first half of the year, it felt tragic, but it was more and more like a farce, which made people angry. 」

But this is the winter of 2024, and it will obviously not be the last company that has not passed this year.