Not only mobile phones, Xiaomi Eco-chain Company has a big start!

Up to now, Xiaomi Eco-chain Company has grown to more than 70, with annual income exceeding 15 billion. Among them, 30 eco-chain enterprises have released products, and more than 40 products are under development. There are four companies with a valuation of more than $1 billion and become unicorns; Three companies have an annual income of more than 1 billion yuan; There are 16 companies whose annual income exceeds 100 million yuan. From mobile power to air purifiers, bracelets, water purifiers, transportation tools, intelligent robots … Xiaomi’s ecological chain is as huge as a giant.

In 2014, Xiaomi successively invested in Jinshan’s game R&D studios Xishanju, Vanke Eslite, Interface, Cheetah Mobile, Building Block, Jiu ‘an Medical, Liweijia, Huace Film and Television Group, Kailide, Youku Tudou, iQiyi, Midea and other enterprises.

Prior to this, Lei Jun had invested in more than 60 enterprises in the past two years through his angel investment, his Shunwei Fund and Xiaomi Venture Capital, involving mobile games, e-commerce, new media, mobile security, smart home, medical care, internet finance, film and television production, video websites, mobile maps, car networking, mobile housekeeping, mobile education, smart home appliances and many other fields.

Summary: In the past three years, Xiaomi has invested in more than 70 enterprises, involving a wide range of products. Xiaomi Company only makes Xiaomi mobile phone (tablet), Xiaomi TV (box) and Xiaomi router.

Among them, the sales volume of mi band ranks first in China and second in the world, and the cumulative sales volume has exceeded 30 million.

Air purifiers sold 2 million units last year and 680,000 units in December alone, ranking first in the market share.

In the past three years, Xiaomi has won many first or second places in the world and more than ten first places in China. Last year, the total revenue in the ecological chain of intelligent hardware has reached 15 billion yuan.

Regarding the eco-chain plan, Lei even set a goal of investing in 100 eco-chain enterprises within five years.

"Our idea is to use the Xiaomi model to cut into 100 segments, drive the development of the entire intelligent hardware, and turn Xiaomi from a big ship into an entire fleet. This is a plan put forward when we passed $10 billion in 2014. "

A while ago, Yiou, a domestic research institution, briefly sorted out 28 Xiaomi intelligent hardware eco-chain companies:

After more than three years of unremitting running, Xiaomi Eco-chain has become the world’s largest intelligent hardware platform, and the total number of networked devices based on Xiaomi MIOT platform has exceeded 60 million. In terms of geographical distribution, it has gradually spread all over the world, with more than 8 million daily active devices, more than 30 billion daily requests for processing equipment, and more than 9.5 million cumulative shipments of Xiaomi universal intelligent modules.

In the layout of the Internet of Things ecosystem, in addition to building a platform of its own Internet of Things system, what Xiaomi does most is to develop a large number of intelligent hardware.

The investment in eco-chain enterprises is to improve the efficiency of Xiaomi’s intelligent hardware eco-chain building and participating in the competition of the Internet of Things. Xiaomi uses "industry+finance" two-wheel drive to prevent Xiaomi from becoming a big company.

If Xiaomi engages in more than 70 departments to produce different products, it will be exhausting and inefficient. Xiaomi turns entrepreneurs into bosses, Xiaomi is a fleet, and every company in the ecological chain is operating efficiently.

At present, the investment in Xiaomi ecological chain mainly focuses on the following six directions:

1. Around the mobile phone, such as the earphone, mobile power supply and Bluetooth speaker of the mobile phone;

2. Smart wearable devices, such as mi band, will launch Xiaomi’s smart watch in the future;

3. Intelligentization of traditional white electricity, such as water purifiers and purifiers;

4. High quality manufacturing resources;

5. geek cool play products, such as balance cars, will also launch Xiaomi 3D printers in the future;

6, lifestyle categories, such as millet patch panels.

45 Xiaomi Eco-chain Companies and Their Subdivisions:

Enterprise: Huami Technology

Products: mi band, mi band and Huami watches.

Anhui huami information technology co., ltd

Anhui Huami Technology is a technology company focusing on wearable devices, which was jointly established by Xiaomi Company and Hefei Huaheng Electronics. As we all know, mi band is the masterpiece of Huami Company. 79 yuan mi band, which was launched in July 2014, stunned bracelet manufacturers with several hundred yuan at that time. In exchange for the low price strategy, the bracelet of Huami Technology has ruled the earth again! Mi band has sold a total of 23 million pieces. Calculated by each 79 yuan, the cumulative sales amount is 1.817 billion yuan!

Enterprise: Magic Acoustics

Products: millet piston earphone, millet headset, millet ring iron earphone, millet capsule earphone, etc.

Wanmo acoustics technology co., ltd

Jiayi Lianchuang (1more, renamed Wanmo Acoustics in 2015) is an electronic technology company focusing on the research and development and production of digital accessories for mobile phones. Its products include headphones, power supplies, etc., and it belongs to Jiayi Lianchuang Electronic Technology Co., Ltd.

Enterprise: Green Rice Technology

Products: smart home (multifunctional gateway, millet temperature and humidity sensor, millet human body sensor, millet door and window sensor, millet wireless switch, Rubik’s cube controller, millet smart plug [ZigBee version]).

Shenzhen LV mi Lian Chuang technology co., ltd

Green Rice Lianchuang Technology, formerly known as Shenzhen Lutuo Technology Co., Ltd., was established at the end of 2009, mainly engaged in the research and development and application of wireless building control system for environmental energy collection. The company’s early products mainly faced the energy-saving and intelligent transformation of commercial and public buildings.

After Xiaomi invested capital to join the Xiaomi ecological chain in 2014, Lutuo changed its name to Green Rice. After entering the Xiaomi ecological chain, Green Rice’s product strategy was comprehensively adjusted, focusing on the research and development of smart home products.

After the release of the first set of products in 2015, Green Rice achieved a good performance that the equipment sales exceeded 1 million in less than one year, and the product categories also expanded from 4 to 15, which basically met the needs of smart home air conditioning, security and lighting, and became the leader in the smart home market in China.

Enterprise: Zimi Electronics

Products: Xiaomi mobile power supply, rainbow battery

Jiangsu Zimi Electronic Technology Co., Ltd.

Zimi Technology launched the first millet mobile power supply at the end of 2013, and won the first place in the world two months later. In 2014, the sales reached 1.1 billion yuan, and in 2015, only 20 million mobile power supplies were sold. Zimi Technology not only sells mobile power, but also introduces color batteries and data cables.

Enterprise: Zhimi Technology

Products: Xiaomi air purifier, Xiaomi air purifier 2, Zhimi DC variable frequency electric fan, Zhimi sterilization humidifier, Mijia PM 2.5 detector, Mijia air purifier Pro.

Beijing zhimi technology co., ltd

Beijing Zhimi Technology Co., Ltd. launched Xiaomi air purifier, dedicated to Xiaomi air purifier. Intelligent air purifier, first released in December 2014, with a price of 899 yuan; Now there are 2 generations of air purifiers and pro versions.

Zhimi Technology’s self-positioning is intelligent environmental appliances, so his products are not only air purifiers, but also Zhimi DC inverter floor fans, Mijia pm2.5 detectors, and purple rice sterilization humidifiers.

According to statistics, the annual sales volume of Xiaomi air purifier is 1 million units, and it is also an enterprise with sales of about 1 billion!

Enterprise: Yunmi Technology

Products: millet water purifier (including kitchen type), water quality TDS detection pen.

Foshan yunmi electrics technology co., ltd

Yunmi Technology is a technology company specializing in the research and development of smart small household appliances, and its products include "Xiaomi water purifier".

Enterprise: Small Ant Technology

Products: Ant smart cameras (including night vision version), ant motion camera, driving recorder.

Shanghai xiaoyi technology co., ltd

Small Ant Technology is a company that focuses on the independent research and development of new video intelligent electronic products with cloud intelligence, wearability and mobility. Smart cameras, a small ant, has the functions of webcasting, network storage, two-way communication and so on, and can also mark the time when dynamic objects appear.

Enterprise: Yilianke

Products: YeeLight bedside lamp, Mijia LED smart desk lamp.

Qingdao yilianke information technology co., ltd

Yeelink became famous in the field of Internet of Things development and smart home very early, and the team was established in May 2012. Yeelink was initially positioned as an open Internet of Things platform enterprise, and then developed smart lights in September 2012, and made foreign trade for overseas markets. In October 2014, Xiaomi released a four-piece smart home, including Yeelink.

Enterprise: Jiu ‘an Medical

Product: iHealth sphygmomanometer

Tianjin Jiuan Medical Electronic Co., Ltd.

IHealth is committed to streamlining the analysis of health tracks, graphics and safe sharing of information by developing mobile personal health care products. It has launched personal health management tools such as iHealth mobile internet sphygmomanometer, iHealth wearable smart watch and mobile internet weighing scale.

Enterprise: Ninebot Nainbo

Product: No.9 balance car

Nainbo (Tianjin) Technology Co., Ltd.

Ninebot Nainbo (formerly known as Windrunner) is a self-balancing vehicle and short-distance transportation tool, which was developed by Nainbo (Tianjin) Technology Co., Ltd. and provides intelligent transportation equipment operation services integrating production, sales and service.

Enterprise: Qiji Technology

Products: electric folding bicycle

Qiji (Xiamen) Technology Co., Ltd.

Qiji is a service platform focusing on cycling, which supports domestic GPS positioning, track recording, real-time user interaction and Weibo sharing, etc., and is owned by Qiji (Xiamen) Technology Co., Ltd.

Enterprise: Lanmi Technology

Product: Xiaomi Bluetooth headset

Dongguan lanmi technology co., ltd

Dongguan Lanmi Technology mainly produces Bluetooth headsets and wired headsets. In 2014, its omni-channel sales exceeded 120 million. In April 2014, Xiaomi Technology invested and became a Xiaomi technology chain enterprise with a valuation of 200 million yuan. In June 2015, the Xiaomi Bluetooth headset developed and produced by Lanmi was sold on Xiaomi. com and was enthusiastically sought after by rice flour. It is said that at present, the valuation is 350 million yuan and it will be listed within three years.

Enterprise: Qingmi Technology

Product: Xiaomi patch panel

Qingmi (Beijing) Technology Co., Ltd.

Qingmi Technology is a smart home product developer funded by Xiaomi Technology. Qingmi (Beijing) Technology Co., Ltd., its parent company, Beijing Power Future Technology Co., Ltd., is already a new third board company. In March 2015, the first product of Qingmi Technology, Xiaomi patch panel, was officially released. On April 8 of the same year, 247,000 pieces were sold on the first day of the rice noodle festival, and the sales exceeded 1 million pieces in two months.

Official website showed that this green rice technology, in addition to the "explosive" plug-in board, also has a data cable, a type-c adapter, a green rice charging station (ubs power adapter, which can charge a notebook) and so on.

Enterprise: Xiaoxun Technology

Products: Mi Tu children’s watch, Xiaoxun children’s phone watch color screen version.

Shanghai xiaoxun technology co., ltd

"Xiaoxun" is jointly invested by Xiaomi Technology and Longqi Co., Ltd. It is a high-tech enterprise focusing on children’s smart wear in Xiaomi ecological chain. As an eco-chain enterprise under Xiaomi, Xiaoxun Technology is the only smart wearable product company for children in Xiaomi’s eco-chain. Xiaoxun has the right to use the brand "Mi Tu" authorized by Xiaomi Company, and independently operates the category of children’s intelligent products.

Enterprise: Ruimi Technology

Products: Ruimi car Bluetooth player, car air purifier.

Wuxi ruimi information technology co., ltd

Wuxi Ruimi Information Technology Co., Ltd. was established in January 2015 and was invested by Beijing Xiaomi Technology Co., Ltd. in 2014. Ruimi focuses on in-vehicle intelligent products, applies the Internet development model, and conducts product research and development based on user experience.

Enterprise: Chuangmi Technology

Products: Mijia Xiaobai smart cameras, Xiaomi Internet Radio, Xiaomi Universal Remote Control, Xiaomi smart plug, Xiaomi Mi Key, Xiaomi Portable Wifi U disk version.

Shanghai chuangmi technology co., ltd

Chuangmi Technology is a joint venture between Xiaomi Company and Longqi Technology (Shanghai) Co., Ltd., one of the largest ODM (design and OEM) manufacturers in China.

Enterprise: Runmi Technology

Products: 90-point smart metal suitcase, 90-point running shoes, millet shoulder bag, leisure bag.

Shanghai runmi technology co., ltd

The eco-chain enterprise invested by Xiaomi has launched a suitcase named "90 minutes" which is mainly made of polycarbonate and features light weight and firmness. In early 2015, it was invested by Xiaomi and became a member of the ecological chain.

In September 2015, the 20-inch suitcase produced by Runmi Technology (the brand is 90 points) was launched in Xiaomi official website, and the price was 299 yuan. Compared with the price of several international brands such as Samsonite, the price of this boarding box of Runmi was produced by conscience. In August this year, Runmi also launched a 90-point metal suitcase; Double 11, it is said that tens of thousands of boxes are sold a day.

Enterprise: Pure Rice Technology

Product: Mijia Pressure IH rice cooker

Shanghai chunmi electronic technology co., ltd

This is the manufacturer behind the 999 pure rice cooker that sells like hot cakes this year. It can be seen from Lei’s personal endorsement at the press conference in March this year that the status of pure rice in Xiaomi’s ecological chain is extraordinary. According to the data, this company was established in July 2013. It is a chip development company and an Internet of Things company focusing on the overall solution of cloud appliances.

Enterprise: femtometer Science and Technology.

Product: Xiaomi UAV

Femtometer electronic technology co., ltd

There is not much information about femtometer science and technology, and three companies have been searched: Shenzhen femtometer Robot Technology Co., Ltd., Beijing femtometer Technology Co., Ltd. and Guangzhou femtometer Electronic Technology Co., Ltd.

Among them, Tianjin Jinxing Investment Co., Ltd., a subsidiary of Xiaomi Technology, invested in Guangzhou femtometer Electronic Technology Co., Ltd., and the shareholding ratio should be no small, about 40%. It is reported that this "femtometer" company will mainly do Xiaomi UAV project in the future.

China National Intellectual Property Administration website shows that Xiaomi Technology Co., Ltd. and Guangzhou femtometer Electronic Technology Co., Ltd. jointly applied for 23 invention patents and 4 utility model patents from May to June 2015. The patents involved include aircraft, operation control method and device, propeller structure, aircraft body and tripod, etc.

Enterprise: Tianmi Technology

Product: Xiaomi notebook Air

Beijing Tianmi technology co., ltd

Among the shareholders, the foreign (regional) enterprise shareholder is actually Shunwei Fund, and Lei Jun is one of its shareholders. In short, Tianmi Technology can worry about it in 2017. China Mobile underwrites 500,000 sets of Xiaomi notebook air 4G, and its annual sales may easily exceed 2 billion yuan.

Enterprise: Roborock.

Products: Mijia sweeping robot

Beijing shitou century technology co., ltd

The sweeping robot released by Xiaomi is from this enterprise. The company’s English is Rockrobo, and it is committed to being the coolest robot in the world and improving people’s lives through technology. A series of highly intelligent robot products will be launched in the future.

Enterprise: Xiumei Fashion Technology

Product: Mijia signature pen

Shenzhen xiumei fashion technology co., ltd

Its parent company is the New Third Board Company-Shenzhen Beikos Electronics Co., Ltd.. In October this year, Xiaomi Company signed an agreement with it, and Shenzhen Xiumi Fashion Company will provide Xiaomi Technology with smart phone accessories, stationery products, umbrellas, light running shoes, hand grips and other products. By December 31, 2016, the cumulative transaction volume was 50 million yuan.

Enterprise: Shukeshi Technology

Products: Sushi sonic electric toothbrush

Shukeshi (Shenzhen) Technology Co., Ltd.

Founded in 2015, it is an internet technology company focusing on personal health care consumer electronics. Shukeshi is guided by users’ needs, independent research and development, continuous innovation, and has always been committed to providing users with advanced and intelligent high-quality personal health care products and services with the ultimate experience. At present, the core business is Sushi sonic electric toothbrush and Sushi mobile APP.

Enterprise: Flower and Grass Technology

Products: flowers and plants detector

Beijing huahuacao technology co., ltd

Founded in February, 2015, it aims to become a technology company combining agriculture and intelligent hardware.

Enterprise: Kadir Communication

Product: 21g mobile phone

Shenzhen kadier communication technology co., ltd

21g mobile phone is an elderly mobile phone brand, manufacturer and seller, which owns CareOS mobile phone operating system. Products of Shenzhen Oda Technology Co., Ltd..

Enterprise: Fun Sleep Technology

Product: 8H latex spring mattress

Chengdu qushui technology co., ltd

This Chengdu company is committed to providing healthy and environmentally-friendly high-quality sleeping equipment to consumers around the world. On December 6, 2016, Xiaomi Mijia officially launched an 8H latex spring mattress M3, which was produced by this Chengdu company.

Enterprise: Seconds Measurement Technology

Products: children’s intelligent thermometer

Miaomiaoce Technology (Beijing) Co., Ltd.

A company that makes smart thermometers, the products currently launched are mainly children’s smart thermometers.

Enterprise: Shuomi Technology

Product: mobile phone case

Shanghai shuomi technology co., ltd

Shanghai Shuomi Technology Co., Ltd. was established on March 11, 2015 to provide mobile phone covers in Xiaomi Ecology.

Enterprise: die information technology

Product: 70-mile smart rearview mirror

Banya Information Technology (Shanghai) Co., Ltd.

Die Ya Information Technology (Shanghai) Co., Ltd. will rely on the brand and channel of Xiaomi, the hardware and supply chain capabilities of Longqi, and take advantage of the opportunities of the Internet to seamlessly link cars, drivers and the world.

Enterprise: Yuemi

Product: Yuemi mechanical keyboard

Beijing yuemi technology co., ltd

Beijing Yuemi Technology Co., Ltd. was established on May 5, 2015, and its representative product is Xiaomi Eco-mechanical Keyboard.

Enterprise: Yunbai Technology

Products: smart watches, bracelets

Shenzhen yunbai technology co., ltd

Shenzhen Yunbai Technology is a compound high-tech enterprise specializing in R&D, production, sales and service of smart terminals such as wearable devices, mobile medical care and intelligent furniture. High-tech enterprises, which are committed to the research and development of telecom services and operational services, have telecom-level business systems, rich operational experience and efficient business and service teams, creating a new generation of communication modes.

Enterprise: Fengmi Technology

Product: laser tv

Shenzhen Guangfeng photoelectricity technology co., ltd

Fengmi (Beijing) Technology was registered at the end of March this year. Among the shareholders are Xiaomi (Tianjin Jinmi) and Shunwei. Official website of Shenzhen Guangfeng Optoelectronic Technology Co., Ltd. shows that this company was founded in 2004, starting with the self-developed ALPD fluorescent laser display technology, which is the first laser display technology successfully industrialized in the world. The 100-inch laser tv based on ALPD fluorescent laser display technology won the Best of CES 2013: Product of the Future at CES 2013.

In 2014, the company developed a 20,000-lumen DCI-compliant laser film projector, which was also the first in the world and was applied to the premiere of Transformers 4. It seems that this company will be more than intelligent projection in Xiaomi’s ecological chain enterprises in the future. With the continuous increase of Xiaomi’s investment in film and television culture, smart TV and other fields, the technology of Fengmi Technology can be greatly excavated.

Enterprise: Chemi Technology

Product: Not available at present.

Guangzhou chemi information technology co., ltd

Xiaomi became a shareholder in December last year, but what should this company do for Xiaomi’s supply chain? I can’t guess yet.

Enterprise: Crazy View Technology

Product: unknown

Beijing fengjing technology co., ltd

This is a very young company, which was established in 2015. However, the list of shareholders is quite luxurious. Apart from Xiaomi’s Tianjin Jinmi, Zhenge Fund and Shunwei Capital are all shareholders.

According to the data, this is a company that provides VR panoramic software and hardware services. Its main product is a personal portable 360-degree panoramic camera, which can shoot 720-degree video at the same time. The first personal portable panoramic product, MadV, is the abbreviation of Madadventure, which means "crazy adventure".

Enterprise: Sea Guide Information

Products: buttons

Xi’ an haidao information technology co., ltd

The company was established in July 2014, and launched the button sports dog tag in September 2015. In September 2016, it launched the button walking without losing the dog tag, which was launched in JD.COM through crowdfunding. The company mainly focuses on the methods of collecting pet sports data and pet nests. Button pet will be mainly responsible for the development of intelligent hardware and the establishment of pet community in the future, and cooperate with a famous e-commerce company as the consumption entrance of pet e-commerce to enhance the overall profitability of the company.

Enterprise: hunting sound electronics

Products: wireless audio category

Dongguan liesheng electronic technology co., ltd

Founded in 2014, Hunting Electronics is an R&D Internet technology enterprise that takes "smart home wireless audio equipment" as the core, displays product personalization through high-end intelligent technology, and solves the national demand for wireless equipment.

Enterprise: banana travel

Product: shared travel

Banana Chuxing (Beijing) Technology Co., Ltd.

Banana Travel was founded by former Xiaomi employees such as Zhong Yufei and He Xiaohong at the end of October 2016. Zhong Yufei is the 21st employee of Xiaomi, and this project has received angel investment from Xiaomi founder Lei Jun and Hunan Satellite TV host Du Haitao.

Enterprise: Musheng Electronics

Product: Headphones

Xi’ an musheng electronic technology co., ltd

Musheng Technology is an innovative Internet hardware company focusing on ear wearing technology, with the brand hello ear. In 2014, Musheng Technology received an angel round investment of 2 million yuan from Xiaomi Technology and officially became a Xiaomi ecological chain enterprise. On March 2, 2017, Xiaomi’s first walkie-talkie product, Xiaomi Mijia walkie-talkie, came from the Musheng technology team.

Enterprise: Yunyou Technology

Product: intelligent door lock

Hangzhou yunyou technology co., ltd

The founding teams of Yunyou Technology are all from benchmark enterprises such as Huawei and Ali, and have been invested by Shunwei Fund under Lei Jun. It is a smart home hardware technology company, and its main products are space security products such as smart door locks.

Enterprise: visual sense technology

Products: intelligent musical instruments

Beijing shigan technology co., ltd

Vision Technology was established in April 2015, mainly engaged in the research and development, production and sales of portable intelligent musical instruments, led by Xiaomi and Shunwei.

Enterprise: Aiqi Technology

Products: robots

Beijing aiqi technology co., ltd

Founded in April 2013, it focuses on the research and development of intelligent hardware and robot products. In 2015, it was invested by Xiaomi and officially became one of the Xiaomi ecological chain companies. In 2016, Xiaomi Eco-chain product-Mi Tu Building Block Robot was launched.

Enterprise: Yunzao Technology

Products: intelligent means of transportation

Hangzhou yunzao technology co., ltd

Founded in April 2013, it is a design-driven scientific and technological innovation company, mainly engaged in the design, research and development and sales of intelligent transportation tools, and was led by Shunwei under Lei Jun..

Enterprise: Moxiang Technology

Product: AR/VR

Shanghai moxiang network technology co., ltd

Founded in 2016, it is the only eco-chain enterprise in Xiaomi that focuses on the research and development and production of virtual reality products.

Enterprise: Miwu Technology

Products: PC peripherals

Beijing miwu technology co., ltd

Founded in December 2015, Xiaomi became the 56th eco-chain company in the following year, and it is the only product company focusing on PC peripherals and other efficiency tools. Members of the company were transformed from the original Inventec mobile phone R&D team.

Enterprise: Shangmi Technology

Products: intelligent hardware equipment

Shanghai shangmi technology co., ltd

Shangmi Technology is an innovative technology company focusing on providing intelligent commercial hardware equipment for O2O Internet platforms, software developers and small and medium-sized merchants. It is the first Internet company to receive two rounds of financing from Xiaomi Technology in the field of intelligent commerce.

Enterprise: Love and Health

Products: Mijia iHealth sphygmomanometer, weight meter, Xiaofang smart cameras.

Shanghai Shang Beijing aihe healthy co., ltd

Love and health are the global leaders in the field of mobile Internet health, and the only intelligent hardware company in the Xiaomi ecological chain that gathers in healthy living. The company was established in Silicon Valley, with branches in France and China, which is the official cooperation between Apple and Google. (Source: Mantianxin)

    Editor in charge:

    Martha intervened in the zero run? Be your chassis consultant!



    Since 2023, when Zero Run had a connection with Strandes Company and realized the first reverse financing in the history of China, the owners of zero sports cars must have been inspired by it, and took the initiative to "scratch" the facade of Strandes as "Maserati" and created many interesting names and logos, such as "Martha Pull Run".


    I have to say that Maserati is probably the "Bai Yueguang" of every boy who loves cars! Especially the classic MC20, it still has its unique historical position in the sports car industry.


    How does Zero Run, who was born with a high price-to-quality ratio, relate to Maserati with a high brand premium? The owners of zero-sports cars have also done a lot of design: buying zero-running cars can be equipped with Maserati classic configuration, giving Maserati bags, changing the same logo of Martha and so on.


    In the past few days, the official of Zero Run finally officially replied: excellent training from Maserati empowers every journey of Zero Run cars. Such a way is unexpected and more reasonable.


    Compared with riders’ imaginative ideas, the reply that Zero Run took a year to think about is more in line with the consistent impression that Zero Run gives people: pragmatic. Although it is the first case of reverse financing in China: from talking about cooperation to setting up an international company, from the landing of global models to the first batch of C10 and T03 officially going to sea, the practice of learning from each other’s strong points makes the old car owners more confident about the long-term development of the enterprise: this is like a long-term business enterprise!

    From the interview revealed by the "Zero Run Captain", the famous car critic Wu Pei introduced a few words, and the old car owners can find some joy:


    1. Zero pace of global market: At present, T03 and C10 will be listed in nine European countries, and it is planned to reach 200 stores by the end of the year. Wu Pei revealed that Zero Run will also expand global markets such as the Middle East and North Africa! In this way, the sales volume of zero running will be around 20 thousand at present, and a good situation of multi-point flowering will be realized! More profoundly, with the increase of sales volume, the "global self-research" insisted by Mr. Zhu will realize the comparative advantage in cost and eventually bring about a significant increase in corporate profits!


    Second, Maserati intervened in the zero-run: At the interview site, the engineer sent by Stratis was the head of site adjustment who had worked for Maserati and Ferrari for 24 years, and he specially adjusted and optimized T03 and C10. At the same time, at Mr. Zhu’s coffee meeting, the person in charge of the site training thought that the two cars would be trained according to the same process, and the unique chassis DNA of "zero running" would be preserved, instead of making differential chassis adjustment!


    3. Confidence trumps everything: from formal cooperation to export marketing to technology introduction. I think this road choice is a way to truly achieve a win-win situation! As an old car owner of C11, and based on the fact that C11 is still the main car sold by Zero Run, I still very much hope that Zero Run can also use more chassis tuning technology to optimize the new and old models of C11, just like the chassis optimization package provided by Zero Run for old car owners. Can we have a "Maserati Training" chassis package? In this way, it not only meets the "better vehicle driving and control needs" of the old car owners, but also enables the zero-run itself to gain a good market reputation, and finally turns into a powerful driving force for sales growth again. Why not?


    When Maserati intervened in the zero-run chassis training, I thought it was a good thing. Next, I expected zero-run to "do a good job"!


    Learning to think and practice ecological civilization thought is quite responsible in Chinese modernization.

      In August, the 52nd session of "Youth Learning Exchange" focused on the thought of the supreme leader’s ecological civilization, the important speech made by the general secretary of the supreme leader at the national ecological environmental protection conference, and the spirit of important instructions made on the occasion of the first national ecological day, and organized young members of the central and state organs to study in depth, combining online and offline, and combining "going out" with "please come in" to conduct extensive exchanges and discussions.

      On August 28th, the Communist Youth League Working Committee of the central and state organs organized young members of departments to go to the Beijing Planning Exhibition Hall to carry out on-site centralized study and exchange. Everyone visited the "Beijing Bay" model and the exhibition "Capital of a Great Country Towards the Great Rejuvenation of the Chinese Nation", watched the film "Capital Planning", learned about the practical course of Beijing’s coordinated promotion of high-quality development and high-level protection in recent years, and immersed themselves in the great changes in the capital’s ecological environment and the outstanding achievements in the construction of ecological civilization in the new era. Zhao Dan, an outstanding young representative of natural resources system and a young man from Beijing Planning and Natural Resources Committee, shared and exchanged ideas on the topic of "Planning Leading the High-quality Development of Houzhi Capital". She introduced in detail the "Integrated Protection and Restoration Project of Landscape, Forest, Field, Lake, Grass and Sand in the Ecological Barrier Area in the West of the Capital" which was selected as the "China Landscape Project" in June this year. Combining with her personal practice, she shared the new decade from three dimensions: building a new pattern of land space development and protection, exploring the best solution of ecological protection and restoration, and promoting the modernization of harmonious coexistence between man and nature. Beijing has always adhered to planning and guidance, adhered to the bottom line of ecological security, and planted green development background, and constantly promoted the top leader’s ecological civilization thought to land in Beijing.

      Everyone agrees that the Supreme Leader’s ecological civilization thought is an important part of the Supreme Leader’s Socialism with Chinese characteristics Thought in the new era, and it is the theoretical sublimation and practical crystallization of the Communist Party of China (CPC)’s unremitting exploration of ecological civilization construction. As the first phalanx of youth commandos who practice "two maintenances", they should deeply understand the remarkable achievements made in the construction of ecological civilization since the 18th National Congress of the Communist Party of China, earnestly improve their political stance and enhance their political consciousness, take the lead in in in-depth study and comprehensively grasp the supreme leader’s ecological civilization thoughts, take the opportunity of the home activities of National Ecological Day to further improve their awareness of ecological civilization, enhance their ideological consciousness and action consciousness of ecological environmental protection, and be firm believers, active communicators and loyal practitioners of the supreme leader’s ecological civilization thoughts.

      Everyone agreed that the construction of ecological civilization is a fundamental plan related to the sustainable development of the Chinese nation, a major political issue related to the party’s mission and purpose, and a major social issue related to the well-being of people’s livelihood. We should conscientiously study and implement the spirit of the important instructions made by the Supreme Leader General Secretary on the occasion of the first National Ecological Day, mobilize and act, be an active disseminator and model practitioner of Lucid waters and lush mountains are invaluable assets’s ideas, take the lead and set an example in comprehensively promoting the construction of beautiful China and accelerating the modernization practice of harmonious coexistence between man and nature, and be quite responsible and brave in the Chinese modernization drive.

    Jinzhong Jietu X70M is on sale, with the lowest price of 77,900! There are plenty of cars.

    [car home Jinzhong Preferential Promotion Channel] is carrying out preferential activities in Jinzhong area, with the highest preferential margin of RMB 1,000 and the lowest starting price of RMB 77,900. If you are interested in Jetway X70M, you may wish to click "Check the car price" in the quotation form to get a higher discount.

    晋中地区捷途X70M特价出售,最低售价7.79万!现车充足

    The exterior design of Jetway X70M adopts the family-style design language of Jetway, and the front part adopts the integrated air intake grille design, which is integrated with the LED headlight groups on both sides, making the whole vehicle look more atmospheric and full of impact. The body lines are smooth and full of strength, and the overall style is steady and stylish, which fully shows the exquisiteness and luxury of Jetway X70M.

    晋中地区捷途X70M特价出售,最低售价7.79万!现车充足

    The body size of Jetway X70M is 4755mm*1885mm*1695mm, the wheelbase is 2745mm, and the front and rear wheel tracks are 1608mm and 1603mm respectively. The body lines are smooth, and the side shows the perfect combination of stability and dynamics. Equipped with 235/65 R17 tires and 17-inch rims, it not only improves the driving stability, but also gives the vehicle a fashionable and dynamic visual effect.

    晋中地区捷途X70M特价出售,最低售价7.79万!现车充足

    Jietu X70M interior adopts simple and atmospheric design style, and the layout of instrument panel and central control screen is reasonable, creating a comfortable driving environment as a whole. The center console is equipped with a 10.1-inch touch screen, which integrates various functions such as multimedia, navigation and vehicle settings, making the operation smooth and convenient. The steering wheel is made of plastic, which is simple but comfortable to hold, and supports manual adjustment up and down, which is convenient for drivers of different heights to adjust to the best position. The seat is made of fabric, which has good breathability and comfort. The main and co-pilot seats can be adjusted back and forth, providing drivers and passengers with a variety of sitting choices. The second row of seats also supports backrest adjustment, which increases the riding comfort. In addition, the rear seats can be laid down in proportion to expand the luggage space and meet various travel needs.

    晋中地区捷途X70M特价出售,最低售价7.79万!现车充足

    Jetway X70M is equipped with a 1.5T turbocharged engine, which has an output power of 156 HP and a maximum torque of 230 Nm, providing abundant power support for the vehicle. Matching it is a 6-speed manual gearbox, which makes the vehicle perform well in handling and economy.

    Jietu X70M has always been favored by consumers because of its excellent performance and affordable price. Now, in order to give back to the support of the majority of riders, Jietu hereby launches a limited-time price reduction promotion, so that more consumers can easily own this cost-effective SUV. During this period, you can not only enjoy preferential prices, but also have more surprise gifts waiting for you. Opportunity is rare, so let’s act quickly, Jetway X70M, and start an extraordinary journey with you!

    Strengthening its high-value strategy, BYD Sea Lion 07EV showcases a colorful new life

    China Consumer News reports(ReporterWu BofengIn the midsummer, it is a common idea for many consumers to take their family on a weekend trip. And a mid-sized urban smart SUV may be able to meet your car needs.

    In recent years, with the steady increase in the market share of new energy vehicles, the development advantages of BYD, which has been fully transformed into electrification, have become more and more obvious. Last year, BYD’s cumulative sales exceeded 3.02 million units for the first time in history, accounting for nearly 10% of the national annual car sales. On May 10, BYD launched a new medium-sized pure electric SUV, the Sea Lion 07EV, which benefited from the first model created by e-platform 3.0 Evo technology and the first model of the new Sea Lion IP of Ocean Network. It has attracted much attention since its launch. In the summer in Beijing, the in-depth contact with the Sea Lion 07EV is a good opportunity for reporters to have a deeper understanding of its product power.

    Sea Lion 07EV appearance.Wu Bofeng/photo

    Walking into the test drive venue and getting to know the vehicle at first glance, you can feel the distinct family style of the Sea Lion series. As a realistic interpretation of the Ocean X concept car, the front shape of the Sea Lion 07EV extracts the "X" shape from the dynamic perspective as the basic structure. Through the contrast of tone and material, the horizontal lines at the bottom are highlighted, which brings better visual extension to the whole front of the car, increases the overall visual width, and also makes the front profile of the Sea Lion 07EV appear more solid.

    At a time when the phenomenon of product homogeneity is becoming more and more serious, how a new car can highlight its own characteristics and bring differentiation is an important prerequisite for being recognized by consumers. To this end, the two wheel hubs of the Sea Lion 07EV are inspired by the posture of the sea lion leaping into the water. Through pictographic treatment, the lines are simple and natural. At the same time, both wheels form a sharp tone contrast through color-painted brake calipers, strengthening the unique taste of the Sea Lion 07EV.

    Sitting in the car, the interior style of the vehicle pursues individuality and practicality with the keywords of "suspension, lightweight and speed". Its internal lines continue the flow of the external design, and use a variety of materials to interpret various marine elements with delicate workmanship, bringing more active atmosphere to the elegant passenger cabin space.

    This test drive route includes a variety of road conditions such as urban roads, urban expressways and expressways, which can accurately reflect the performance of the Sea Lion 07EV in various life scenarios. From the moment the reporter stepped on the accelerator, he felt the driving texture of the Sea Lion 07EV, which was neither slow nor aggressive, and the accelerator was just right. In addition, thanks to its 0-100km/h acceleration time of only 4.2 seconds, it can bring drivers a hearty power experience.

    In the face of urban road sections, the Sea Lion 07EV can always feed back the power to you in time, helping you calmly complete actions such as overtaking and lane changing, without affecting the agility of the vehicle due to the body weight of the SUV. At the same time, the vehicle is very smooth in continuous power output, without making the driver and occupants feel uncomfortable and frustrated. Especially when driving on congested urban roads, this feature will make the driver more comfortable.

    For a smart electric SUV, what are the substantive improvements that a new car equipped with a number of intelligent functions will bring? Within the range of high-speed and expressways covered by functions, the Sea Lion 07EV can follow the navigation and complete the task of automatic assisted driving from the starting point to the end point. During the test drive, the vehicle can follow the navigation route to complete operations such as automatic on-ramp, autonomous lane change or overtaking. In addition, the vehicle can intelligently adjust the vehicle speed according to the static and dynamic conditions of the road. When the reporter traveled to the West Fourth Ring Road area of Beijing, he encountered road construction. Seeing this, the vehicle’s high-speed pilot function initiated lane change in advance and actively avoided.

    In order to further enhance the daily practicality and operation convenience of the smart driving function, the Sea Lion 07EV adopts a more concise and clear operation mode, and the different states of human-machine co-driving are intuitively presented on the instrument in the form of icons, which enhances the user’s driving perception and improves driving safety. The Sea Lion 07EV adopts the paddle start method pioneered by BYD in the world, and you can activate the driving auxiliary feature by raising your hand on the steering wheel, which is convenient and fast.

    The reporter found through this test drive that the good product performance of the Sea Lion 07EV is no less than that of traditional fuel vehicle products of the same level, and a number of advanced technologies have been added to make the vehicle more competitive. It is believed that as more and more consumers understand the pure electric medium-sized SUV, this model is expected to be favored by more consumers.

    Also a famous director, Yan Min of "Extreme Challenge" has a new trick! "Ace" is disturbing

    Tencent Video has launched a new variety show called "New Journey". Friends who often love to chase variety shows are instantly blown up when they see this name. How is it like the "New Journey to the West" by Luo PD, a famous variety producer in South Korea? So without a word, I started to curse at this variety show: it is plagiarism at first glance, it is too uncreative, and the things of Korean sticks are copied over.

    Who would have thought that when he opened the program to see how shameless the program was, he suddenly discovered that the program director was Yan Min, who had directed the first four seasons of "Extreme Challenge"!

    At this time, the face-slapping scene was staged. The variety show has nothing to do with South Korea’s "New Journey to the West". This variety show is an immersive role-play tabletop game set in "Journey to the West". The fixed MC includes Lin Gengxin, Yue Yunpeng, Huang Zitao, Chen Feiyu, Wang Yanlin, and also hides a big boss Huang Bo. The first 20 minutes of the show made everyone laugh and vomit, which is really interesting.

    Lin Gengxin and Zhang Ruoyun, a pair of silly roe deer and Erhazi, Huang Zitao, a talented perfect comedy variety artist, and Chen Feiyu, who can be developed, all made everyone’s eyes shine. The jokes of the specific show can only be understood by everyone watching it themselves. In short, most of the viewers who watched it gave high praise.

    The variety show "Ace vs. Ace", which also met with everyone this weekend, has gone through seven seasons, which is quite long. But this latest episode makes everyone feel very upset.

    One is to deliberately tear up. On the second day of the broadcast of the program, there was a topic on the hot search. It said "Zhang Shaohan’s mother". The netizens who have been eating melons all year round thought that her mother was going to be a demon when they saw this news, but in fact, it was the program that made Zhang Shaohan "open her heart", and she had to cut out her heart to everyone alive and uncover the scars for everyone to see. Although everyone understood that the interview on the program should have been communicated with the artist in advance, and Zhang Shaohan agreed to say it. But everyone also understood that the artist is also a part-time worker, and he has come to work. Since you agreed to the invitation of the program, they further put forward other requirements, and you can only do it obediently. Zhang Shaohan can only bring up her own scars and expose her own shortcomings. In the face of such deliberate tearing, the audience expressed that everyone was really uncomfortable.

    Then there is the length of the advertisement, which takes up almost half of the content of the program.

    A show that can be broadcast for seven seasons has its charm, and a fixed audience tunes in on time. As a result, it has easily won the favor of many advertisers. Advertisers’ favor is one thing, and the overflow of advertisements is another. During the show, the host looked up at the teleprompter more often than they did seriously, and they were all looking at the teleprompter for any screenshot.

    2015’s "Extreme Challenge" and 2016’s "Ace vs. Ace" were the first to meet everyone. Both of them became national-level variety shows, and they were also accused of plagiarism. But now, a few years later, the director of "Extreme Challenge", Yan Min, has changed, while Wu Tong of "Ace vs. Ace" is still playing in the same place.

    The reason for this state may first be the mutual excitation of MCs.

    One thing I have to admit is that the men chosen in "Extreme Challenge" help six people, and it is difficult to re-enact. Those who have watched the show have all experienced their charm. To some extent, several MCs made the show more exciting. Then, Huang Lei and Yan Min collaborated again on "Drama New Life", and Huang Bo appeared in this "New Travels", which forced the director to improve.

    In addition, another reason is the difference in attitude of the platforms behind it.

    When "Extreme Challenge" was in full swing, Dragon TV was tied up. Faced with all kinds of constraints, it began to be a demon, which eventually led Yan Min to leave the show with his team, and the men’s gang also scattered. Although "Extreme Challenge" is still broadcast on TV, everyone knows that this is extremely challenging. It is also because of the vague attitude of a platform that Yan Min has to start to cooperate in different ways, and there are more different attempts with Bilibili and Tencent.

    However, "Ace to Ace", which was held in the palm of Zhejiang Satellite TV, was able to attract many star guests to help it from the beginning because of its arrogance and aggressive spending. This has led to the feeling that there are many defeated children today.

    Only by comparing can we make progress. If you do well, please continue to maintain it. If there are still shortcomings, you should reflect on yourself more, so as not to be left behind by the times.

    Haval Xiaolong in Quanzhou has greatly reduced its price! The special price is 129,800, and the car is sufficient.

    Recently, car home Quanzhou preferential promotion channel has brought a wave of good news! This popular SUV model is undergoing a price reduction promotion in Quanzhou, with a maximum discount of 10,000 yuan. Now buy Haval Xiaolong, the minimum starting price is only 129,800 yuan. If you are interested in this model, don’t miss this rare preferential opportunity. Please click "Check the car price" in the quotation form to get a higher discount!

    https://car2.autoimg.cn/cardfs/product/g28/M03/D6/E0/autohomecar__CjIFVGRmJWuAEzm6ADDkktKEbbo059.jpg

    Haval Xiaolong is a stylish and dynamic SUV with a streamlined front face and a black honeycomb grille. The overall style is very sporty. The body lines are smooth and strong, and the body lines are simple and smooth, which is very atmospheric. At the same time, Haval Xiaolong also uses the headlight group of LED light source, which has excellent lighting effect and improves the safety of driving at night. The side of the car body adopts a double waistline design, which highlights the sense of movement and strength of the car body. The tail design is simple, and the taillight group adopts LED light source, so the overall shape is very fashionable. Generally speaking, the design of Haval Xiaolong is excellent, fashionable and dynamic, showing the personality and pursuit of modern young people.

    https://car2.autoimg.cn/cardfs/product/g28/M00/0B/83/autohomecar__ChxkmmRmJW6AQzRQADW1IU2wMB0479.jpg

    Haval Xiaolong is a compact SUV with a body size of 4600*1877*1675mm and a wheelbase of 2710 mm. The body lines are smooth and the side lines are simple and atmospheric, which highlights the fashion sense of the car. The front and rear wheel tracks are 1583mm and 1587mm respectively, and the front tyre size is 225/60 R18, and the rear tyre size is also 225/60 R18. The rim of the car body has a unique style and adopts a fashionable shape, which adds a lot of sense of movement to the car. Whether you are driving in the city or traveling long distances, Haval Xiaolong can provide you with an excellent driving experience.

    https://car2.autoimg.cn/cardfs/product/g27/M00/57/8E/autohomecar__ChxkmWRmJeCARf29ACZNIEQJivw073.jpg

    Haval Xiaolong’s interior design is fashionable and simple, with black as the main tone and metal decoration, which highlights the sense of technology and luxury. The steering wheel is made of leather material, which feels comfortable and can be manually adjusted up and down and back and forth to facilitate the driver’s operation. The central control screen size is 12.3 inches, which supports voice recognition control system, and functions such as multimedia, navigation, telephone, air conditioning, skylight and window can be controlled by voice. The front row and the rear row are equipped with a USB/Type-C interface, which is convenient for passengers to charge. The seat is made of imitation leather. The main driver’s seat can be adjusted in front, back and height, the co-pilot’s seat can be adjusted in front, back and back, and the rear seat supports proportional reclining, providing more space and comfort for passengers.

    https://car3.autoimg.cn/cardfs/product/g27/M07/57/96/autohomecar__ChxkmWRmJt-AWVRVACycQ9qqzqs443.jpg

    Haval Xiaolong uses a 1.5L 101 horsepower L4 engine with a maximum power of 74kW and a maximum torque of 132 N m.. At the same time, it is equipped with a 2-speed DHT gearbox to provide smooth power output and efficient fuel economy for vehicles.

    Thanks to the owner of car home for sharing, his/her evaluation of Haval Xiaolong is very pertinent. As a person with a family, he/she attaches great importance to the practicality of vehicles. Haval Xiaolong’s spacious and comfortable space really brings a good car experience to his/her family. In addition, he/she also mentioned his/her love for the appearance and interior of the vehicle, which is one of the reasons for choosing Haval Xiaolong. Haval Xiaolong’s sleek appearance and high-tech interior have left a deep impression on him/her. Moreover, he/she also mentioned that the cost of using Haval Xiaolong is very low, which is also an important factor he/she considers when buying a car. Haval Xiaolong’s low fuel consumption and low maintenance cost make him/her very satisfied. Generally speaking, Haval Xiaolong is a cost-effective model, which not only has excellent exterior and interior design, but also has excellent practicability and use cost.

    Li Yanhong: Improving efficiency is the biggest advantage of the Internet.

    Topic: Boao Forum for Asia Annual Conference 2009

      Xinhuanet Boao (Hainan) April 17th The annual meeting of Boao Forum for Asia 2009 was held from April 17th to 19th, 2009. More than 1,600 representatives from all over the world gathered in Hainan. It will discuss hot topics such as the evolution of the current financial crisis, whether the Asian economy can take the lead in getting out of the haze, the adjusting real estate market and capital market. "Xinhuanet enters Boao" will conduct a series of interviews and invite guests to communicate with netizens on related issues. The guest who walked into the interview room of Xinhuanet today is Robin Li, chairman and CEO of Baidu.



      On the 17th, Li Yanhong, Chairman and CEO of Baidu, was a guest of Xinhua News Agency’s high-end interview and the live broadcast room in front of Xinhuanet Boao Forum. Photo by Xinhuanet Qiu Xiaomin.



      On the 17th, Li Yanhong, Chairman and CEO of Baidu, was a guest of Xinhua News Agency’s high-end interview and the live broadcast room in front of Xinhuanet Boao Forum. Photo by Xinhuanet Qiu Xiaomin.


      Why did you come to Boao? Understand the changes that have taken place in the worldRemind people to seize Internet opportunities.


      Moderator: First of all, I would like to congratulate Mr. Li on becoming the co-chairman of the Young Leaders Forum of the Boao Forum for Asia. The first question I want to ask Mr. Li is, what kind of views do you want to express most when you attend the Boao Forum?


      Li Yanhong: I think this is a very special period, that is, the global financial crisis or economic recession. Now it is very obvious. At such a moment, many people have stronger communication needs than before. I came here mainly because I want to have a better communication with more people, whether they are people in the same industry or people outside the industry, or people in China, Asia or even other countries, and learn more about what is happening in the world. At the same time, it is also a process of learning from each other. I think everyone who comes to Boao should seize this good opportunity, communicate more and understand what others are thinking, so as to enhance their confidence and do things better.


      The crisis has also affected Baidu, but it is not particularly big. Of course, Baidu probably has more than 200,000 active enterprises as our customers, including large enterprises and more small and medium-sized enterprises, so in a sense, Baidu’s customers can represent the cross-section of China’s economy. So we felt the impact of the crisis from the fourth quarter of last year, especially in November and December, and many customers became more cautious in consumption than before. By January, it can be said that it has become more obvious. But after the Spring Festival, there was a very obvious rebound. We felt that when the economy turned around a little bit, these customers came back quickly, because they found that Baidu was a very good platform to promote their products and services.


      When customers are faced with crisis, they will usually become more rational after a period of digestion, and the choices made after rationality will use more advanced methods and means for marketing. In this sense, Baidu is a beneficiary. To be exact, there was an obvious rebound after the Spring Festival, and this rebound has continued until now. I don’t think I dare to predict the future, saying that there will be and there will be no crisis in the future. Or will it only develop in a good direction, not in a bad direction? I dare not say this. As an entrepreneur, we should conscientiously do our own thing well, try our best to have a better positive effect on society and economy, and hope that the overall market situation will get better and better.


      At the Youth Leaders’ Forum this afternoon, we talked about one thing, that is, the economic crisis is coming, and many enterprises have taken some measures, whether it is to lay off employees, control costs, or change direction, etc. In fact, one common feature of these measures is to improve efficiency, because the efficiency is improved, and the ability to cope with the crisis is enhanced. And the internet, I think its biggest advantage is to improve efficiency. Therefore, I remind people to grasp the opportunities brought by the Internet. For example, people’s ability and speed of obtaining information is unprecedented. Never before has it been so easy to obtain information. No matter where you are, whether you are a civilian or have a high status, everyone can easily obtain information from the Internet. This is because the Internet has played a very positive role in society, economy and culture at all levels.


      How to look at the development of Internet? Coping with changes in the market is like changing the tires of a speeding car.


      Moderator: Baidu is a very successful Internet company. What kind of experience do you have to share with you?


      Li Yanhong: In fact, with the development of Baidu for so many years, we are still very concerned about the changes in the market. In the past ten years, in fact, Baidu has not done much, but has completely focused on doing Chinese search. Because on the one hand, this piece of technology is still improving, and there are many things to do. On the other hand, there are three factors that jointly promote the development of Chinese search. One is the number of users, that is, the number of netizens is constantly and rapidly increasing. The more people surf the Internet, the more people naturally use Baidu. Second, everyone’s online time is getting longer and longer. The longer it takes, the greater the probability of using Baidu. Third, there is more and more information on the Internet. The greater the amount of information, the greater the probability that a person will find the information he needs on Baidu. These three are promoting the development of the search industry at the same time, so it has been in the process of rapid development. It can be said that we have resisted many other temptations, whether it is portals, text messages or games, and we have not done anything, so we have focused on doing search. I think in the next few years, we will still be like this, but we will focus on Chinese search and gradually expand to the surrounding areas. For example, the Japanese search released last year, as well as a commodity search platform like "Baidu You", will gradually increase these things.


      Moderator: That is, the scope and categories of search are more, and you insist that search is not relaxed?


      Li Yanhong: Yes.


      Moderator: So have you ever thought about what is the biggest obstacle and difficulty that may exist in the development of Baidu now?


      Li Yanhong: On the one hand, we feel that the market is still very immature, and most enterprises in China are not aware of the benefits that search has brought them. At the same time, the rapid growth of the market has also made Baidu in a state of rapid development. For example, the number of people increases a lot every year, which is almost multiplied by 2 every year; On the other hand, the rapid changes in the market require you to constantly make adjustments to this organization. Such a difficulty is likened to changing the tires of a speeding car on the expressway, which is still very difficult.


      As a manager of a company, we have to face many such problems every day. On the one hand, the rapid changes in the market require you to look at the direction very accurately and not miss any opportunity that belongs to you; On the other hand, it is actually very difficult to maintain a good and healthy company culture, make everyone confident every day, have a good and happy working relationship with each other, and maintain a strong executive power under the condition of increasing number of people. Especially as an entrepreneur, I didn’t manage anyone before Baidu. Now, from 20 to 40 people, to 160 people, to the scale of nearly 7,000 people, every day is new to me, and there are many new challenges.


      What innovations are there in the next step? A new business model codenamed "Fengchao" will be released.


      Moderator: In what aspects will Baidu consider introducing new technological achievements and innovative models in the future?


      Li Yanhong: Baidu is a company that is very focused on Chinese search. For search engines, the profit model is similar all over the world. Everyone makes profits by promoting products for enterprises, which is called paid search, and it is said that it is paid according to the effect. We have been doing this for seven or eight years, but the more we do it, the more interesting it is. There are many things that can be improved, and we have invested considerable energy in this respect. This quarter, we will release a new product, the internal code name is "Fengchao", which is actually a revolutionary upgrade of the business model, which will greatly improve the user experience and customer experience.


      Moderator: Last year, you recruited Huawei’s former vice president to Baidu as CTO. Do you plan to seek a breakthrough in the field of wireless search?


      Li Yanhong: It should be said that in the past many years, probably since 2002, people have been telling me that I must do wireless search. I didn’t invest too much energy in wireless search in the past. Because before the 3G era, wireless search was a situation. After 3G, it may become unrecognizable and completely different. We don’t know what will happen in the future, so we haven’t invested much in this aspect in the past few years. Starting from this year, it should be said that the market situation will change greatly, because the three major operators have been gearing up to launch 3G services, so it is also an opportunity for Baidu, so in the next year or two, we will invest more in 3G and wireless search.


      Moderator: It can be understood that 3G is a watershed for wireless search?


      Li Yanhong: It’s a potential opportunity for us. It’s hard to say what it will turn into in the end. Whether it can become a watershed depends on how much users in China can accept such a service, such as whether its service is stable enough, whether its service is cheap enough and whether its speed is fast enough. All kinds of factors are not completely clear now.

    Editor: Gao Song

    The General Administration of Financial Supervision voiced its support for real estate! The plate rose more than 3%, and Pudong Jinqiao 4 was connected to the board.

    On January 26th, the real estate sector opened higher, with Pudong Jinqiao (600639)(600639.SH), China Enterprise (600675)(600675.SH) as four boards, Everbright Jiabao (600622)(600622.SH) and Waigaoqiao (600648).

    In the news, since 2024, relevant policies on financial support for the reasonable financing needs of the real estate market have been intensively introduced. On January 12, the Ministry of Housing and Urban-Rural Development and the General Administration of Financial Supervision jointly issued the Notice on Establishing a Coordination Mechanism for Urban Real Estate Financing; On January 24th, the Central Bank and the General Administration of Financial Supervision jointly issued the Notice on Doing a Good Job in the Management of Operating Property Loans.

    Ensure the smooth operation of the real estate market

    According to the General Administration of Financial Supervision, up to now, the balance of real estate development loans and personal housing loans in China is 12.3 trillion yuan and 38.3 trillion yuan respectively.

    In 2023, Chinese banks issued 3 trillion yuan of development loans and 6.4 trillion yuan of housing mortgage loans respectively, which add up to nearly 10 trillion yuan.

    In addition, last year, banks also provided real estate enterprises with M&A loans and stock extension loans, which added up to more than 1 trillion yuan.

    As for Baojiaolou, by the end of 2023, most of the 350 billion yuan special loan for Baojiaolou has been put into the project, and commercial banks have also provided corresponding commercial supporting financing to ensure the smooth completion of the task of Baojiaolou.

    Continue to provide financial support.

    Next, the state will continue to provide financial support for the real estate market.

    The General Administration of Financial Supervision said that in the future, the coordination mechanism of urban real estate financing will be accelerated and effective. Under the lead coordination of the government, push the list of real estate projects that can be given financing support to financial institutions in the region.

    At the same time, guide financial institutions to further implement the management requirements of operating property loans. For real estate development enterprises with standardized operation and good development prospects, banks are allowed to issue operating property loans to them, which can be used to repay the stock loans of housing enterprises and the open market bonds they issue before the end of 2024.

    In addition, we should continue to do a good job in personal housing loan financial services, support local governments to make policies according to the city, further optimize personal housing loan policies such as down payment ratio and loan interest rate, and urge banks to better serve the financing needs of people’s rigid and improved housing.

    Guide banks and other financial institutions to continue to vigorously support the construction of "three major projects" such as "emergency and emergency" major infrastructure and urban village reconstruction, and form a physical workload as soon as possible.

    Multi-share daily limit of real estate sector

    Thanks to favorable policies, the real estate sector has also shown signs of stabilizing, and brokers are generally optimistic about the allocation opportunities of the real estate sector.

    Open source securities said that the fundamentals, valuation level, allocation ratio and market expectation of the current real estate sector are at a low level, and the policy window period is worthy of attention. Follow-up can pay more attention to strong credit housing enterprises with excellent layout, high investment intensity and marketization mechanism.

    Founder Securities believes that the valuation of the real estate sector is in a historically low range, the industry has a good policy environment for stabilization, and the resilience of the sector rebound is sufficient. In addition, the fundamentals of the whole sector have structural support, and the real estate sector is expected to continue to rebound under the catalysis of favorable policies. You can focus on the theme of Pudong reform, second-hand housing track, high dividends and so on.

    From the perspective of disk performance, the performance of individual stocks superimposed with the concept of Shanghai Free Trade Zone is more eye-catching. Among them, Pudong Jinqiao, Chinese enterprises, etc. have gone out of the fourth board, and Everbright Jiabao, Waigaoqiao and other stocks have also won the third board.

    As of noon on January 26th, the real estate service sector rose by 3.79%, and the real estate development sector rose by 3.32%.

    Reporting/feedback

    What should the ideal old age life be like? I read 50 books throughout the year, which is the best condition.

    Image source: Red Net Moment
    No matter the wind and rain, or the heat and cold, it will not affect my driving to the library in Zhuzhou Cultural Park to borrow books. As the year is approaching, I have insisted on borrowing 5 books every month, and I have read more than 50 books throughout the year, which is very gratifying!
    It can be said that reading has changed my belief for the rest of my life, enriched my brain and enriched my spiritual life. I am glad that I have a book as my companion and I have chosen a different poetic vision for the elderly. That is, I can read a book when I have nothing to do, read a few poems when I am anxious, and extract a few good articles when necessary to broaden and release my mind!
    Therefore, I won’t participate too much in some organizations and associations. What seems to be a happy time will actually affect my normal work and rest. There are always some designated tasks that must be completed, which is not up to you. Everyone has their own self-motivated and so-called unyielding.
    Go your own way and be happy for the rest of your life! This may be my orientation of wanting to live a quiet life in my later years. In the remaining years, there is a contented little study room with green mountains and green waters, writing poems, traveling and taking care of grandchildren, and you will be satisfied with food and clothing!
    Reporting/feedback