The latest price of Shanghai Roewe RX5 new energy vehicle is 115,900 yuan, and the news of price reduction is discounted. The reserve price offer is 20,000 yuan, just this once.

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上海荣威RX5新能源汽车最新价格11.59万,大幅降价打折,底价报价优惠2万,仅此一次

Roewe RX5 new energy shows the perfect integration of modernity and technology in design. Its front face adopts the iconic Roewe family design, and the air intake grille is decorated with exquisite chrome, which is connected with the large-size headlight group to create a strong visual impact. The overall body lines are smooth and powerful, showing the elegance and dynamics of new energy vehicles. The proportion of the side of the car body is coordinated, which highlights its modern urban temperament. The overall style is simple and futuristic, which fully embodies the Roewe brand’s pursuit of detail and aesthetics.

上海荣威RX5新能源汽车最新价格11.59万,大幅降价打折,底价报价优惠2万,仅此一次

Roewe RX5 New Energy outlines its unique outline with smooth and dynamic side lines. The body size is 4655mm long, 1890mm wide, 1664mm high and the wheelbase is 2765mm, showing a spacious space layout. The balanced distribution of the front tread of 1590 mm and the rear tread of 1584 mm ensures good driving stability. On the tyre size, the specifications of 225/55 R19 are adopted at the front and rear, and the exquisite rim design not only enhances the visual effect of the car body, but also provides stability and grip for driving.

上海荣威RX5新能源汽车最新价格11.59万,大幅降价打折,底价报价优惠2万,仅此一次

The interior design of Roewe RX5 New Energy combines the sense of modernity and technology with the concept of exquisiteness and practicality. In the cockpit, the steering wheel is made of leather material with excellent texture, which provides a good grip and is equipped with manual up and down+front and rear adjustment functions to ensure the comfort of drivers in different driving postures. The 12.3-inch central control screen takes the focus, clearly displays multimedia information, navigation and vehicle status, and supports voice recognition control, making driving more convenient. The seat is made of imitation leather, and the front and rear adjustment, backrest adjustment and height adjustment are supported by the main and passenger seats, providing passengers with personalized and comfortable riding experience. The vehicle is also equipped with two USB/Type-C interfaces in the front row and two USB/Type-C interfaces in the rear row, which is convenient for passengers to connect electronic equipment during driving and meet daily needs.

上海荣威RX5新能源汽车最新价格11.59万,大幅降价打折,底价报价优惠2万,仅此一次

Roewe RX5 New Energy is equipped with a powerful 1.5T turbocharged engine with a maximum power of 138kW, which can provide surging power output. The advanced feature of this engine lies in its peak performance of 188 horsepower, which ensures the smooth and efficient running of the vehicle. Matching it is AMT (combined 10-speed) gearbox, which further improves the driving comfort and fuel economy. This power combination ensures that the Roewe RX5 new energy meets the driving needs while taking into account environmental protection and energy saving.

Generally speaking, car home car owners are full of praise for the exterior design and spatial performance of Roewe RX5 new energy. He said that the front face design of daytime running lights with domineering and emotional interaction is impressive. At the same time, regarding the problem of fuel consumption, he mentioned that although the city relies more on electricity, it is still energy-saving in general and meets the daily commuting needs. The owner is also satisfied with the storage space and charging efficiency of the vehicle, especially in the case of private pile charging, which can fully meet the daily use. Generally speaking, Roewe RX5 new energy has won the recognition of car owners with its comprehensive performance and is an ideal choice for urban travel.

China has 24 trillion GDP cities, who is the dark horse of science and technology?

  What is the "science and technology" color of 24 trillion GDP cities? The data of science and technology innovation board in the past three years gives the answer.

  On June 13th, 2022, science and technology innovation board celebrated its third anniversary. According to official website of Shanghai Stock Exchange, there are currently 428 listed companies in science and technology innovation board with a total market value of 5.11 trillion yuan.

  Among the 428 listed companies in science and technology innovation board, 175 companies’ operating income increased by more than 40% in 2021. There are 149 companies whose net profit returned to their mothers in 2021 increased by over 40% year-on-year. Such achievements far exceed the A-share main board.

  In terms of cities, Shanghai, Beijing and Suzhou have the number of listed companies in science and technology innovation board, ranking the top three among all cities. These three places have also become a highland that brings together the national science and technology strength. Hangzhou, Guangzhou, Chengdu, Hefei and Xi ‘an are among the top five provincial capitals.

China has 24 trillion GDP cities, who is the dark horse of science and technology?

Data source: Local statistical offices.

  Among the 24 cities with trillion GDP, science and technology innovation board enterprises in Chongqing have just achieved a "zero breakthrough" recently, and there are no science and technology innovation board listed companies in Zhengzhou, Quanzhou and Dongguan.

  Companies that can be listed in science and technology innovation board are almost all hard-core technology companies. For example, science and technology innovation board’s listing requirements stipulate that the company’s accumulated R&D investment in the last three years accounts for no less than 15% of its operating income. Many industry analysts believe that science and technology innovation board has truly gathered the most scientific and technological enterprises in China, which is an important force to achieve industrial upgrading in various places and even the whole country.

  "Hanging Zero" and Zero Breakthrough

  On June 6th, Chongqing welcomed the first science and technology innovation board listed company — — Chongqing Shanwaishan Blood Purification Technology Co., Ltd. (hereinafter referred to as Shanwaishan).

  It is understood that Shanwaishan is a company specializing in the production and sales of blood purification equipment and consumables. In the past 20 years, Shanwaishan has gradually broken the monopoly of imported blood purification equipment in China and greatly reduced the cost of dialysis treatment for uremia patients. But the road to science and technology innovation board is not smooth.

  In August 2016, Shanwaishan was listed on the New Third Board, and was later selected into the list of key training enterprises to be listed in Chongqing in 2017. In October 2018, Shanwaishan delisted from the New Third Board and turned to science and technology innovation board for listing. In November, 2021, the Shanghai Stock Exchange accepted the declaration of science and technology innovation board.

  In any case, Chongqing, which ranks fifth in the national cities in terms of GDP, has finally welcomed the first listed company in science and technology innovation board, while Chengdu, a neighbor of Chongqing, has 14 listed companies in science and technology innovation board.

  "Compared with Chengdu, Chongqing, as a municipality directly under the Central Government, has a small hinterland and cannot mobilize the strength of a province. In addition, Chongqing’s industrial structure is traditional." Fu Lichun, an economist and founding partner of Yuntai Capital, said.

  However, Chongqing, which noticed the problem, began to accelerate its layout. In February 2021, Chongqing issued the "Implementation Opinions on Further Improving the Quality of Listed Companies" and issued 16 policies to cultivate reserve resources and support enterprises to go public.

  After several rounds of policies, the reserve forces have indeed improved. According to the Information Publicity Form of Enterprise Counseling Filing in Chongqing Area disclosed by Chongqing Securities Regulatory Bureau in 2021, there are about 30 enterprises "in the counseling period" or "counseling acceptance has been completed".

  Compared with Chongqing’s zero breakthrough, Zhengzhou, Quanzhou and Dongguan have no listed companies in science and technology innovation board among the cities with trillion GDP. Among these three cities, Zhengzhou, the provincial capital, attracts special attention.

  In 2021, Zhengzhou’s GDP was about 1.26 trillion, and its resident population reached 12.74 million, while the listed companies in science and technology innovation board remained "zero".

  Zhengzhou is not in a hurry or indifferent. In December, 2021, the relevant policies issued by Zhengzhou specifically mentioned that enterprises within its jurisdiction will be rewarded with 10 million yuan if they can be listed in science and technology innovation board.

  Now it has been half a year since the award was issued, and the number of listed companies in Zhengzhou and science and technology innovation board is still zero.

  "Significantly different from companies listed on the main board, science and technology innovation board companies rely more on local scientific and educational resources, and places with rich resources in higher education and research institutes are undoubtedly more advantageous." Fu Lichun told China Newsweek.

  Xi ‘an, which is the capital city of the north with Zhengzhou, has a slightly lower GDP in 2021. But at present, Xi ‘an has nine listed companies in science and technology innovation board, many of which rely on local high-quality scientific and educational resources.

  For example, on March 7th this year, Shaanxi Huaqin Technology Industry Co., Ltd. was officially listed in science and technology innovation board, becoming the second achievement transformation enterprise of Northwestern Polytechnical University to land in science and technology innovation board.

  Compared with Xi ‘an, which has many double first-class colleges and universities, Zhengzhou is obviously slightly inferior.

  Industrial structure has become another major factor affecting the number of companies in science and technology innovation board.

  In 2021, Quanzhou’s GDP was 1.13 trillion yuan, up 8.1% year-on-year, but the three leading industries were textile, shoes and clothing, petrochemical industry, building materials and home furnishing, and the economic focus was more concentrated in the county. Take Jinjiang, the "boss" of Quanzhou economy as an example, many famous brands such as Anta and Xtep have been born, but its industrial structure is far from the rigid condition that "R&D accounts for 15% of revenue" required by science and technology innovation board.

  At present, 428 science and technology innovation board companies belong to 24 industries, among which the top three industries are computer communication and other electronic equipment manufacturing, special equipment manufacturing, software and information technology services, including 85, 78 and 62 companies respectively. This means that more than half of the listed companies in science and technology innovation board have been born in these three industries.

  Cities with these three industries often become winners.

  Invisible dark horse

  Among all the cities with listed companies in science and technology innovation board, Shanghai and Beijing have 65 and 56 listed companies in science and technology innovation board respectively, making them the top two in the list.

  However, the city with the third largest number of companies in science and technology innovation board is not the first-tier cities such as Shenzhen and Guangzhou, nor some strong provincial cities or sub-provincial cities, but Suzhou, which is known as the "strongest prefecture-level city".

China has 24 trillion GDP cities, who is the dark horse of science and technology?

Suzhou industrial park map/map worm creativity

  At present, Suzhou ranks third in the national cities with the achievements of 38 listed companies in science and technology innovation board.

  Science and technology innovation board Company in Suzhou has a very distinctive feature.

  On June 13th, the company that Suzhou met recently — — Science and technology innovation board IPO of Suzhou Kaiweite Semiconductor Co., Ltd. (hereinafter referred to as Kaiweite) was accepted.

  According to the data, Kaiweite was established in 2015, focusing on the design, research and development and sales of intelligent power semiconductor devices and power integrated chips. It is a national high-tech enterprise, a "technology giant enterprise" in Jiangsu Province and a "potential unicorn enterprise in Jiangsu Province".

  Kaiweite is growing very fast. Relevant reports show that Kaiweite achieved a total operating income of 210 million yuan in 2021, an increase of 59.29% compared with 132 million yuan in 2020; The net profit was 43,561,700 yuan, which turned losses into profits.

  Some analysts have pointed out that the emergence of many science and technology innovation board listed companies in Suzhou is closely related to the semiconductor industry it focuses on cultivating.

  In the first quarter of this year, three of the four newly listed companies in Suzhou — — Guoxin Technology, Dongwei Semiconductor and Chuangyao Technology all come from the semiconductor industry.

  As early as the beginning of this century, Suzhou showed its attention to the semiconductor industry. Over the years, Suzhou has continuously promoted the development of the industry through policies and gathered industrial resources.

  At present, Suzhou has also formed a relatively complete semiconductor industry chain, such as Siruipu, a design company with a market value of 40 billion yuan. In addition, Huatian Technology and Tongfu Microelectronics, the three giants in domestic packaging and testing, all have important production bases in Suzhou.

  In March 2021, Suzhou also issued "Several Measures to Promote the High-quality Development of Integrated Circuit Industry in Suzhou", proposing to give support according to the R&D investment of enterprises, focusing on supporting the third-generation semiconductors and other fields, and encouraging the transformation of enterprise achievements.

  Hefei is another dark horse among the cities with trillion GDP.

  In 2021, Hefei’s GDP reached 1.14 trillion, ranking 19th among all cities in China, while the number of listed companies in science and technology innovation board was 14, ranking 7th among cities in China.

  On June 6th, Jingsong Intelligent, the latest listed company in Hefei, just landed in science and technology innovation board successfully. Eight days later, Hefei Jinghe Integrated Circuit Co., Ltd., which is engaged in 12-inch wafer foundry business, was registered by the Securities and Futures Commission in science and technology innovation board.

  Not only that, Hefei also has 5 enterprises waiting for the meeting, 10 enterprises waiting for listing, and 30 enterprises for counseling and filing. The reserve force for listing is relatively substantial.

  "Hefei has invested a lot in supporting scientific and technological innovation, especially in emerging industries such as chips, semiconductors and new energy, and the results achieved so far are also good." Yang Delong, chief economist of Qianhai Open Source Fund, told China Newsweek.

  Recently, the Action Plan for Multiplying and Cultivating Specialized and Innovative Small and Medium-sized Enterprises in Hefei City was promulgated, proposing that by 2025, 1,500 specialized and innovative small and medium-sized enterprises in Hefei, 900 specialized and innovative small and medium-sized enterprises in the province and 20 individual champions in manufacturing industry should be cultivated, and 50 specialized and innovative small and medium-sized enterprises should be promoted to be listed.

  The future competition will be more intense.

  Under the pattern of urban competition, industrial upgrading has become the internal demand of each trillion GDP city to achieve high-quality development, and cultivating science and technology enterprises has become the key to this competition.

  How should cities give full play to their endowments in this round of competition?

  Dennis Huang, co-founder of Xiezong Strategy Management Group, told China Newsweek that the number of science and technology innovation board in different cities also reflects the capital activity of a city.

  "science and technology innovation board focuses on high-tech and emerging industries, but such a format often requires large capital investment in the early days, and may even lose money. Investment in emerging industries tests local supporting measures in many aspects. " Dennis Huang said.

  In terms of cultivating science and technology enterprises, the "Hefei model" is a smash hit. Through the investment in BOE, Changxin Storage and Weilai, Hefei has shaken the display industry, semiconductor industry and new energy automobile industry. Hefei’s GDP ranking has also increased from nearly 80 in the country 20 years ago to 19, and its fiscal revenue has increased dozens of times. More importantly, Hefei’s industrial structure has also been transformed and upgraded.

  With the success of "Hefei Model", major cities have followed suit.

  Since 2022, many people in the investment community have clearly felt that the industrial funds set up by local governments this year are accelerating.

  Recently, Changsha High-tech Zone launched 20 billion angel mother funds and seed funds to support scientific and technological innovation; Xi’ an set up an innovation investment fund with an initial scale of 10 billion yuan; Chengdu and Chongqing also jointly set up the Twin Cities Fund; Guangzhou even announced the establishment of 150 billion industrial parent funds and 50 billion venture capital parent funds … … From south to north, from east to west, many cities have entered the game.

  "Now attracting investment, excluding the unique resources of first-tier cities, the Yangtze River Delta and the Pearl River Delta have good market reputation and industrial chain supporting advantages. Unless Hainan Island is an island-wide free trade zone and has incomparable policy advantages in other regions, other cities are more and more dependent on the overall supporting services when introducing advantageous projects. At this time, the role of industrial funds is highlighted." Zhang Lixiang, assistant to the president of Guangzhou Nanyue Fund Group, told China Newsweek about his observation on the industry.

  How much investment the local government can give has become a key factor for many science and technology enterprises to choose to settle down.

  "Incubating science and technology enterprises needs industrial foundation, scientific and technological foundation, university foundation, and an overall entrepreneurial atmosphere. Under this premise, local governments can act positively, actively introduce early science and technology enterprises, guide funds to actively support them, and provide a package of services in listing counseling, which may be the key to future science and technology incubation. " Fu Lichun said.

Promoting the Construction of Beautiful China —— A Summary of the Achievements of Ecological Civilization Construction since the 18th CPC National Congress

  Xinhua News Agency, Beijing, August 12th: Promoting the Construction of Beautiful China — — Summary of Achievements in Ecological Civilization Construction since the 18th CPC National Congress

  Xinhua News Agency reporters Hou Xuejing and Gao Jing

  Lucid waters and lush mountains are invaluable assets.

  Since the 18th National Congress of the Communist Party of China, from the "destiny community" of mountains, rivers, fields, lakes and grasses taking shape, to the integration of green development concepts into production and life, and to the benign interaction between economic development and ecological improvement, the CPC Central Committee with the Supreme Leader as the core has pushed the construction of ecological civilization to a new height, and a new picture of beautiful China has slowly unfolded.

  From protection to restoration, efforts should be made to fill the ecological shortcomings.

  In 2015, thousands of kilometers of virgin forests stretching from Daxing ‘anling in the west, Changbai Mountain in the east and Xiaoxing ‘anling in the north, the endless logging for thousands of years came to an abrupt end. Hundreds of thousands of loggers sealed up their axes and saws, and stopped cutting in key state-owned forest areas, announcing the end of the history of excessive demand for forests for many years.

  Behind this historic change, a new realm of ecological civilization construction is highlighted.

  The 18th National Congress of the Communist Party of China brought the construction of ecological civilization into the overall layout of "Five in One" in Socialism with Chinese characteristics, and "Beautiful China" became the new goal pursued by the Chinese nation.

  In the past five years, the CPC Central Committee with the Supreme Leader as the core has firmly established the concept that protecting the ecological environment means protecting the productive forces, and improving the ecological environment means developing the productive forces, and has made great efforts to fill up the ecological shortcomings.

  — — Repair the terrestrial ecology and make the world greener. Over the past five years, China has added more than 90 million mu of afforestation annually. Forest quality has improved, the utilization rate of improved varieties has increased from 51% to 61%, the qualified rate of afforestation seedlings has stabilized at over 90%, and a total of 48.95 million mu of national reserve forest has been built. Restore 300,000 mu of degraded wetlands, and return 200,000 mu of farmland to humidity. 118 cities have become "national forest cities". The Three-North Project started the construction of two million mu shelterbelt bases.

  — — Prevent soil erosion and restore the earth to its foundation. In the past five years, China has controlled 126 million mu of desertified land, and the desertification has been contained as a whole, and the key control areas have been significantly improved. The area of desertified land has been reduced by 1980 square kilometers every year, realizing a historic change from "sand enters people and retreats" to "people enter sand and retreat".

  — — Repair aquatic ecology and return life to home. The proportion of Class I-III water bodies in the national surface water control section increased to 67.8%, and the proportion of inferior Class V water bodies decreased to 8.6%, and the water quality of major rivers and streams improved steadily.

  "We have gone through the 300-year development process of western developed countries in more than 30 years, and the destruction of the environment is inevitable, but we can realize the importance of ecology in the development of human civilization at the stage of rapid development and avoid going again ‘ Pollution before treatment ’ The detour has improved the ability of sustainable development. " Xin Ming, a professor at the Central Party School, said.

  From system to practice, green development speeds up and increases efficiency.

  The elders who seek wood must consolidate their roots.

  Since the 18th National Congress of the Communist Party of China, the "four beams and eight pillars" with the nature of top-level design for ecological civilization construction have become increasingly perfect.

  In the past five years, the top-level design of ecological civilization has been gradually improved. In April 2015, the Central Committee of the Communist Party of China and the State Council issued the Opinions on Accelerating the Construction of Ecological Civilization, which clarified the overall requirements, goals and visions, key tasks and institutional system of ecological civilization construction. In September of the same year, the "Overall Plan for the Reform of Ecological Civilization System" was promulgated, which proposed to improve the property right system of natural resources assets, establish a system for the development and protection of land space, and improve the performance evaluation and accountability system of ecological civilization.

  In the past five years, the legal system of ecological and environmental protection has been continuously improved. Air Pollution Prevention Action Plan, Water Pollution Prevention Action Plan and Soil Pollution Prevention Action Plan have been issued one after another. The new environmental protection law known as "the strictest in history" has been implemented since 2015, and its efforts in cracking down on environmental crimes are unprecedented.

  In the past five years, the law enforcement and supervision of ecological and environmental protection have been unprecedented. Reduce coal burning, eliminate yellow-label vehicles, rectify enterprises whose emissions are not up to standard, and start intensive supervision of air pollution prevention and control & HELIP; … A series of environmental protection punches have brought more blue sky and clear water. Compared with 2013, the average concentration of PM2.5 in Beijing-Tianjin-Hebei region, Yangtze River Delta region and Pearl River Delta region decreased by 33%, 31.3% and 31.9% respectively in 2016.

  In the past five years, China has actively participated in international governance and made green contributions. In December 2015, at the Paris Conference on Climate Change, 196 parties to the United Nations Framework Convention on Climate Change adopted the historic Paris Agreement to make arrangements for the global response to climate change after 2020. China is not only an important driving force for reaching an agreement, but also a firm performing country.

  From concept to effect, economic and social development is moving towards a higher end.

  During the G20 Summit, Hangzhou, which is intertwined with prosperity and ancient charm, surprised the world. While enjoying the rapid development of entering the "Trillion Club", while wandering around the beautiful scenery of the ancient charm of the lake city, Hangzhou has solved the problem of protection and development, realized the benign interaction between ecology and economy, and become the "pioneer area of beautiful China".

  In 2016, Beijing Environment Exchange and Saihanba Forest Farm listed 183,000 tons of afforestation carbon sinks for sale. All 475 tons of carbon sinks can be traded, which can benefit more than 100 million yuan.

  "The wasteland becomes a forest, and the forest is exchanged for green mountains and green hills. The green mountains and green hills become Jinshan Yinshan in silence, and Saihanba has formed a virtuous circle development chain." Chen Zhiqing, deputy director of Saihanba Forest Farm, said.

  From "the earth is covered with green" to "greening around" and "planting green in the heart", the increasing supply of ecological products has greatly increased the people’s sense of acquisition. Since the 18th National Congress of the Communist Party of China, China’s forest area and accumulation have increased to 3.12 billion mu and 15.1 billion cubic meters respectively, and the annual ecological service value of these forest resources is 12.68 trillion yuan.

  The concept of green development is deeply rooted in people’s hearts. The Ministry of Environmental Protection launched the "12369" environmental protection WeChat reporting platform to broaden the channels and scope of mass participation, and received nearly 73,000 reports from the masses.

  Under the guidance of the concept of green development, in 2016, the energy consumption and water consumption per unit GDP decreased by 17.9% and 25.4% respectively compared with 2012, and the emission reduction effect of major pollutants was remarkable.

  Since the 18th National Congress of the Communist Party of China, the construction of China’s ecological civilization has shown a new situation of accelerated development, and the kinetic energy of China’s economic development is undergoing a fundamental change, with unlimited advantages and potential.

  In the lower reaches of Jinsha River, Baihetan Hydropower Station, the world’s largest hydropower station under construction, has been fully constructed recently. After completion, the average power generation for many years will reach 62.443 billion kWh, and the average annual consumption of standard coal will be reduced by about 19.68 million tons, and the carbon dioxide emissions will be reduced by about 51.6 million tons.

  China’s green development has contributed to China’s plan for the world. In 2016, the United Nations Environment Programme released the report "Lucid waters and lush mountains are invaluable assets: Strategy and Action of Ecological Civilization in China". China’s concept and experience of ecological civilization construction are providing important reference for sustainable development all over the world.

  A beautiful new picture of China full of hope and confidence is being laid in an all-round way.

Is the AI+ battlefield "Oppenheimer moment"? New trends of U.S. military AI deployment from the beginning

This year, the news that AI has been applied to all walks of life has continued, but while paying attention to development, some people have also begun to issue warnings. The original author of the film Oppenheimer said in an interview that AI is a new round of "Oppenheimer moment" that we are facing today. Is this statement true? Master Tan found the answer in the process of upgrading American AI military applications. Poke the video to see how the US AI military means have been upgraded in recent years.

Behind the skyrocketing retail price of commonly used drugs: the supply chain of APIs is monopolized

  ● From 1996 to 2015, the pharmaceutical industry in China experienced more than 30 overall forced price reductions in the past 20 years. Since then, the state has made efforts from all aspects of drug production, circulation and sales, and frequently introduced relevant policies to reduce drug prices.

  China’s pharmaceutical market is divided into policy market and non-policy market. The former mainly includes public hospitals, and drugs are purchased by the government through unified bidding, which is greatly affected by the policy of reducing drug prices; The latter mainly includes pharmacies, clinics and private hospitals. Drug circulation is market-oriented and enterprises can set their own prices.

  ● The approval documents for the production of some APIs were monopolized by some enterprises, which led to the skyrocketing price of APIs. To solve this problem fundamentally, we should not only intensify the crackdown on the monopoly of APIs, but also improve the related approval system of APIs.

  □ Our reporter Wen Lijuan

  The retail price of a box of papaverine needles soared from 45 yuan to 399 yuan, a box of vitamin K1 needles rose from 99 yuan to 259 yuan, a box of tramadol tablets rose from 13.15 yuan to 30.3 yuan, a box of adrenaline needles rose from 29.1 yuan to 60.15 yuan, and a bottle of shark liver alcohol tablets rose from 33.75 yuan to 68.25 yuan … …

  Recently, the "Legal Daily" reporter learned exclusively from a hospital in Hunan Province that many commonly used drugs for rescue, hemostasis and leukocytosis have increased their prices several times or even dozens of times since last year. At the same time, the prices of many commonly used drugs in the retail of pharmacies in the market have also risen sharply.

  In recent years, China has successively introduced a series of measures such as canceling drug addition and "4+7" quantity procurement to promote drug price reduction. However, in the context of these measures, why do some commonly used drugs still have price increases or even supply cuts? What other aspects should we do to really let the people eat cheap drugs and rest assured drugs? The reporter conducted an investigation into this.

  The purchase price of drugs has risen sharply.

  The market price is climbing all the way.

  Because of the rising drug price, Wang Yu (pseudonym), a native of Hunan Province, recently frequently asked people to buy cefixime from other places — — Her 4-year-old child often has respiratory infections, and this medicine has become a regular medicine at home. In the pharmacies near her home, the retail price of cefixime is around 15 yuan, while other city and county pharmacies only need three or four yuan.

  Years of experience in buying medicines for children, and working in a hospital, Wang Yu found that the price increase of some commonly used drugs in clinic in recent two years was outrageous.

  She gave the reporter a list of price increases: protamine, dexmedetomidine hydrochloride, cedilanid, allopurinol, dobutamine injection, calcium gluconate injection, rifampicin and some gout drugs. From last year to this year, there have been different price increases.

  Take a box of dobutamine needles as an example. From August 2018 to December 2018, the retail price was 97.55 yuan; In January 2019, the retail price rose to 266 yuan; In April 2019, it rose to 460 yuan again.

  Behind the rising retail price of drugs, the purchase price is also rising: since last year, the purchase price of a box of vitamin K1 needles has risen from 99 yuan to 259 yuan, a box of tramadol tablets has risen from 13.15 yuan to 25 yuan, a box of adrenaline needles has risen from 24 yuan to 51 yuan, and a bottle of shark liver alcohol tablets has risen from 28 yuan to 58 yuan.

  In addition to the price increase of some commonly used drugs in clinic, there are also many categories of commonly used drugs in pharmacy retail.

  "Baking soda tablets for treating hyperacidity, the price of 100 tablets in the first two years was only one or two dollars. These days, I was already in 11 yuan when I bought it again. " In this regard, Zhang Li (pseudonym), a practitioner in the pharmaceutical industry, feels incredible.

  The reporter inquired about the drug price of 315.com and found that at present, the lowest price of baking soda tablets in 20 pharmacies in China is a bottle from 9.9 yuan, and the highest price is 17.8 yuan.

  Li Hao (pseudonym), who is engaged in drug sales in Beijing, also has many feelings. Because the child’s body resistance is weak, he often goes to the drugstore to buy Icoxin (vitamin AD drops). However, in the second half of last year, this medicine was suddenly out of stock, and after the supply resumed in April this year, it actually rose by nearly 20 yuan. "In the past, a box cost more than 20 yuan, but now it costs 39.8 yuan." Li Hao said.

  In addition to the price increase, what makes Li Hao feel helpless is that "it is often not available".

  The reporter’s investigation found that, in fact, the drug out-of-stock mode mentioned by Li Hao is actually a common tactic used by many pharmaceutical companies to raise prices.

  "If they want to raise prices, they usually announce that they are out of stock first, and then resume supply at intervals, so that they can raise prices." In the interview, the person in charge of a pharmacy named Chen in Shangrao City, Jiangxi Province told the reporter, "If they raise prices, I can only follow them, because everyone is rising."

  According to the person in charge, since 2014, some drugs have experienced abnormal price increases. In the past year, more and more commonly used drugs have increased their prices, and they have become more and more crazy. "This year, nitroglycerin is the most prominent. The prices of nitroglycerin tablets (0.5 mg *100 tablets) and injections (10 ml) have risen from 4 yuan and 20 yuan last year to 55 yuan and 110 yuan respectively."

  From May 24 to 26, the reporter visited nearly 20 pharmacies in Chaoyang District and Haidian District, and found that vitamin B complex rose from 1.5 yuan to 10 yuan, with an increase of 600%. Yan Teling rose from 3 yuan in 2015 to 9 yuan at the end of 2018, with an increase of 200%; Pain-relieving tablets rose from 2.5 yuan to 9 yuan, with an increase of 260%. Compared with the previous two years, the prices of chlorpheniramine, roxithromycin, Jiangya No.0, norfloxacin capsules, nasal drops, etc. all increased in different degrees.

  In addition, Angong Niuhuang Pills, Chuanbei Pipa Syrup, Yunnan Baiyao Aerosol, Sangju Yinqiao Powder, Compound Berberine Tablets, Qingfei Huatan Pills, 999 Ganmaoling, Sanjiu Weitai, Huanglian Shangqing Tablets and other Chinese patent medicines also have price increases. However, the prices of some Chinese patent medicines have declined slightly in the near future.

  Price reduction policies are frequently introduced.

  Some drug prices have risen instead of falling.

  What puzzles many patients is that on the one hand, the national policy of reducing drug prices is constantly introduced, on the other hand, the prices of many commonly used drugs are rising.

  The reporter found out that in 1996, the State Planning Commission (later renamed as the National Development and Reform Commission) promulgated the Interim Measures for the Administration of Drug Prices, and regained the pricing power of drugs. By 2015, the National Development and Reform Commission, the State Health Planning Commission, the Ministry of Human Resources and Social Security and other seven departments jointly issued the Opinions on Promoting Drug Price Reform, stipulating that the original drug prices set by the government should be cancelled except narcotic drugs and psychotropic drugs of the first category. In the past 20 years, the pharmaceutical industry in China has experienced more than 30 times as a whole.

  Since then, the state has made efforts from all aspects of drug production, circulation and sales, and frequently introduced relevant policies to reduce drug prices. In 2018 alone, a number of policies were introduced: in April, drugs that passed the consistency evaluation of generic drugs were required to be included in the procurement catalogue in time; In August, it was required to increase doctors’ medical treatment fees and medical service fees and reduce drug prices; At the end of 2018, the "4+7" quantity procurement was implemented, and the average price of 25 drugs that successfully entered the tender was reduced by 52%, with the highest drop of 96%.

  Since various measures to reduce drug prices have been implemented one after another, why are some commonly used drugs still increasing in price or even cutting off supply?

  Shi Lichen, founder of Beijing Dingchen Management Consulting Co., Ltd., a medical consulting organization, explained to reporters that China’s pharmaceutical market is divided into policy market and non-policy market. The former mainly includes public hospitals, and drugs are purchased by the government through unified bidding, which is greatly affected by the policy of reducing drug prices; The latter mainly includes pharmacies, clinics and private hospitals. Drug circulation is market-oriented and enterprises can set their own prices.

  "The reasons for the price increase of some commonly used drugs need to be specifically analyzed from these two markets." Shi Lichen said: in the policy market, even if purchasing in quantity, there are still three factors affecting the process of reducing drug prices in the field of drug bidding. First, after the government bidding, it is difficult for some hospitals to guarantee the purchase quantity with pharmaceutical companies; Second, it is difficult to get the payment back in time, which affects the operation of pharmaceutical companies; Third, some local authorities are easy to "kick the ball", which makes it difficult for pharmaceutical companies to complain when they encounter the first two problems.

  In the non-policy market, Shi Lichen believes that most of the time, the policy of reducing drug prices is difficult to produce obvious price-oriented effect, and eventually the prices of some commonly used drugs in this market rise due to comprehensive factors. Among them, the price increase of upstream APIs is an important reason.

  Game between parties behind price increase

  Raw materials are artificially monopolized.

  The so-called raw material medicine is the effective component of medicine. After adding some auxiliary materials to the raw material medicine, it becomes the medicine bought by patients.

  In Shi Lichen’s view, if the increase of APIs exceeds five times, it may be caused by artificial monopoly. "Monopoly is mostly due to problems in the circulation of APIs."

  Shi Lichen’s judgment was verified by a person in charge of a pharmaceutical company in Anhui Province.

  The head of this pharmaceutical company has been deeply involved in the field of pharmaceutical circulation for many years, and he knows the ropes well. He also bought out drugs from large pharmaceutical companies on behalf of the company.

  He told reporters that many times, API merchants will collude with monopoly, hoard and sell to pharmaceutical factories at high prices. Even if API manufacturers are punished by the government for monopoly, they can’t fundamentally curb their monopoly behavior, because most of the raw materials are in the hands of a few raw material manufacturers. "The government’s crackdown has curbed their behavior of driving up drug prices, but it can’t control the number of their shipments. If a pharmaceutical factory needs 10 kilograms of raw materials, the raw material supplier deliberately supplies only 1 kilogram to it, resulting in a serious shortage of production in the pharmaceutical factory, and the finished drugs on the market will be scarce. "

  In another case, a third-party commercial company signed a sales agreement with an API company to buy out all the raw materials and then sell them to several preparation factories, and the API company could not participate in the pricing. This behavior is called "underwriting" or "controlling sales" in the industry. Once it is "controlled", other pharmaceutical factories can’t buy raw materials, or they can only buy them at high prices, resulting in drug supply interruption or rising costs.

  Wu Huifang, general manager of Beijing Dongfang Bite Technology Co., Ltd., once said in an interview with Caijing magazine that some API companies are willing to cooperate with underwriting companies in consideration of profits. For example, if the annual demand for a certain raw material medicine is 100 kilograms, the underwriting company will give an order of 80 kilograms to a raw material pharmaceutical factory, and all the raw materials of this factory will be sold to it, which can guarantee the profit, that is, the fixed sales and fixed production. Whether an API will be controlled or not depends on the output. Subject to the financial strength of the underwriting company, underwriting mainly occurs in small varieties of APIs. The raw materials that are underwritten are rare, with an annual output of hundreds of tons, generally below 50 tons or 60 tons, or even 10 tons or 20 tons, and few manufacturers can produce them normally.

  The monopoly of API production will seriously restrict the preparation market. According to the sampling survey results of the corresponding proportion of APIs to preparation manufacturers, one API enterprise corresponds to 169 preparation enterprises at most.

  According to Li Qing, deputy director of the Price Supervision Bureau of the National Development and Reform Commission, among the 1,500 chemical APIs in China, only one enterprise can produce 50 APIs, only two enterprises can produce 44 APIs and only three APIs can produce 40 APIs.

  "Once the price of APIs rises or the supply is cut off, it will affect the production of downstream enterprises, resulting in a substantial increase in the production cost of drugs, which will be reflected in the price increase when it is transmitted to consumer terminals." Li Yong, an associate professor of the shortage drug research group of China Pharmaceutical University, told reporters.

  In addition to the artificial monopoly leading to the increase in the price of APIs, the tightening of environmental protection policies and the normalization of drug quality and management control supervision are also the reasons.

  The production of APIs belongs to manufacturing industry, and the upstream is chemical products, which will pollute water and air. The environmental protection control of such products is getting tighter. In order to meet the requirements of environmental protection, many pharmaceutical companies have invested in transformation, and some pharmaceutical companies are facing the situation of closure or merger.

  The reporter inquired about the annual report of drug supervision statistics released by National Medical Products Administration in 2018 and 2015, and found that as of the end of November 2018, there were 4,441 manufacturers of raw materials and preparations nationwide; As of the end of November 2015, this figure was 5065.

  The annual report explained that during the license renewal period of production enterprises, some enterprises did not pass GMP (good manufacturing practice) certification and temporarily did not have the conditions to renew their licenses. The direct consequence of the decrease in the number of pharmaceutical factories is that the fierce competition in the drug market has decreased, which has pushed up the price of drugs.

  In addition, the new version of GSP (Good Quality Management Practice for Pharmaceutical Trading) requires strict verification of pharmaceutical production processes and strengthened supervision, which has increased the ticket-passing cost of commercial companies. "As an upstream manufacturer, we can only guarantee the interests of all links and ensure the smooth flow of product channels through a certain price increase." The relevant person in charge of a pharmaceutical factory in Hunan Province told the reporter.

  Solve the skyrocketing drug prices

  Urgent need to improve the examination and approval system

  On April 3rd, Li Keqiang, Premier of the State Council of the People’s Republic of China emphasized at the the State Council executive meeting that it is normal for drug prices to fluctuate within a reasonable range, but if there is a sharp price increase, we must attach great importance to it. Especially for the commonly used first-aid drugs and rescue drugs that are urgently needed in clinic, once the supply is not guaranteed, it will threaten people’s lives and health, and patients’ lives will never be allowed to be traded. This kind of incipient problem must be resolutely curbed.

  Tracing back to the source, in order to curb the price increase of some commonly used drugs, the monopoly of APIs can not be ignored. People in the industry interviewed by reporters generally believe that the transformation of APIs from approval system to filing system is imminent.

  Zhang Buyong, general manager of Minenet, a medical data service platform, believes that this is actually the fact that the production approval documents of some APIs are monopolized by some enterprises, which leads to the skyrocketing price of APIs. To solve this problem fundamentally, we should not only intensify the crackdown on the monopoly of APIs, but also improve the related approval system of APIs.

  Shi Lichen also told reporters that at the moment when the monopoly of raw materials is more serious, the system of filing raw materials, approval of raw materials and pharmaceutical excipients is particularly important.

  "First, let go of the API filing system; Second, intensify efforts to crack down on monopoly. By comparing the purchase invoices at different stages, it is clear at a glance whether there is monopoly; Third, it is also beneficial for pharmaceutical companies to implement product pilots and turn the regional drug market into a national market. " Shi Lichen said, "Once these three points are implemented, the drug prices in the non-policy market will come down."

  Li Yong also suggested that from a legal perspective, the focus should be on strengthening law enforcement, especially on the investigation and punishment of artificial monopoly of pharmaceutical raw materials, so as to eliminate the driving force for the abnormal rise of drugs from the source; In addition, relax the access threshold for the supply of pharmaceutical raw materials and introduce market competition mechanism; Reduce the intermediate circulation links from pharmaceutical raw materials to consumer terminals and reduce unnecessary costs; At the same time, establish an effective mechanism for the storage, monitoring, early warning and emergency response of commonly used drugs.

  Cartography/Gao Yue  

Attract "Heilongjiang Ball King" to participate! "Sports Lottery Cup" Chinese Billiards Open was opened in Harbin.

Billiards has always been one of the favorite leisure sports of young people in Ice City after work, and there are countless billiards masters who go out from Harbin. These days in Harbin, a Chinese-style billiards competition with many years of history was held in Harbin, which also attracted many masters including Hou Anan, the king of Heilongjiang, to sign up for the competition.

On November 18th, the 2023 Harbin Sports Bureau, sponsored by the Municipal Billiards Association, and hosted by Heilongjiang Jiuqiu Sports Co., Ltd. and 1980 Billiards Club officially kicked off in 1980 Billiards Club. In the next two days, more than 100 amateur billiards masters from all over the world will compete fiercely for 127 games through single defeat and elimination, and decide the final champion.

Although it is a public billiards competition, this competition has attracted many famous billiards masters including Hou Anan. Due to the adoption of the single-defeat knockout system, this also made the competition brilliant from the first round. In the first round, Hou Anan, who is known as the "King of Heilongjiang Ball", met the challenge of Xu Jiahui, the outstanding female player.

After the start of the game, Xu Jiahui created a lot of trouble for Hou Anan, and according to the rules of the game when a male player meets a female player, Xu Jiahui once occupied the advantage on the field. But through the test of the first two games, Hou Anan found the rhythm and feel of the game. In the end, he beat his opponent by 5:1 and advanced to the next round.

Regarding the holding of this competition, Liu Ye, president of the Municipal Billiards Association, said that billiards has a broad mass base in Harbin, and there are also professional athletes who are still active in the world, such as "Xin Chen Metabolism" (Shi Xin, Chen Bo, Dai Yong and Xie Zhaohui).

"Billiards originated in Europe and is an elegant sport with a history of more than 600 years. With the success of various billiards competitions, this sport has gradually become familiar and loved by more and more people. " Liu Ye said that with billiards returning to the stage of the Asian Games in 2030, this popular sport has also ushered in a brand-new development opportunity.

"I hope that the success of this competition will not only provide a platform for the athletes to communicate and learn from each other, but also provide a good foundation for the city billiards association to absorb fresh blood and cultivate the backbone. We hope that billiards will develop better in Harbin in the future, not only to train more young professional masters, but also to let more and more ordinary citizens participate in it, helping Harbin’s national fitness to continue to’ move, heat up, fire up and get up’. " Liu Ye said.

Harbin Daily reporter Zhang Jian Lei Wen/photo/video shooting and production

Just look at the minimum match. Can I buy the 1.4T version of SAIC Volkswagen Passat?

In the domestic B-class car market, if any car is suitable for IKEA, I believe that everyone will think of SAIC Volkswagen Passat, which won the trust of 3 million car owners. It is no exaggeration to say that this car is the absolute king in this segment. In particular, its top models are blessed with many leapfrog configurations such as Harman Kardon’s advanced audio and aviation sleeping seats.

However, for many consumers with limited budgets, it is obviously unrealistic to choose the top model. Then, in the case of only looking at the lowest model, is the 1.4T entry-level Passat, that is, the 2022 280TSI business Passat worth buying? Let’s take a look at it next.

Simply from the appearance, it is actually difficult to distinguish Passats with different positioning, and the only difference in appearance of the lowest 1.4T Passat may be that the hub is a circle smaller, after all, it is only 16 inches. Compared with the 18-inch hub of the 2.0T model, the hub of this size does not look so harmonious, but it does not affect the use at all.

In fact, the difference between the lowest Passat and other models is mainly reflected in two aspects, on the one hand, the configuration, on the other hand, the power system. First, look at the configuration level, the 280TSI Business Edition/standard all-weather LED headlights, LED daytime running lights, headlight photosensitive automatic opening function, integrated LED taillights, LED rear fog lights, electric sunroof, leather seats, monochrome ambient lights in the car, ESP body dynamic electronic stability system, Auto Hold automatic parking, reversing radar, and so on.

In addition, such configurations as one-button start system, keyless entry system, electric adjustment of exterior rearview mirror (with heating function), 8-inch car-mounted Zhilian entertainment interactive system, intelligent car-connected system (Zhilian car control, vehicle health report, in-car Wi-Fi), SVW super APP/SVW Link/Carlife mobile phone interconnection, and 8-inch LCD instrument can also be found in this car. On the whole, do you suddenly feel that the entry-level Passat configuration at this price is enough for home use? In fact, if the budget is limited and the requirements for comfort are not particularly high, the Passat at this price can obviously meet your needs. After all, the active and passive safety configuration is still relatively comprehensive.

In addition, it is the power system. The new Passat still introduces three power systems, which are equipped with 1.4T and 2.0T high and low power engines respectively. Among them, the 1.4T engine has a maximum power of 110kW and a maximum torque of 250 N m. Compared with the 2.0T model, the power parameters are obviously different, and the transmission system is not a 7-speed wet dual-clutch gearbox of the 2.0T model, but a 7-speed dry dual-clutch gearbox.

However, in terms of actual driving experience, thanks to the excellent adjustment experience of SAIC Volkswagen, the ride comfort of this car is still amazing. At the beginning, it is still enough for people to feel smooth and comfortable easily. Without intense driving, the performance of the gearbox is also very smart and the shifting logic is clear. High-speed cars will not make people feel depressed, and the power output is also very linear.

In addition, excellent chassis adjustment can also make the family sitting in the back row feel comfortable. On the whole, if we simply consider the household demand, the performance of low-priced Passat is also remarkable. However, it should be emphasized here that if you use a business car, it is still recommended to choose the top model in one step.

Ai’ an teamed up with BYD to clear the fuel.

  This year, China’s new energy vehicle market is particularly active, and new car listing and price reduction competition are staged simultaneously. Two days ago, AION Y Plus Xingyao went public, which brought the price of AION Y Plus to less than 100,000 yuan. On March 5 th, Ai ‘an enlarged the move again, and the pure electricity price maker AION S MAX Xinghan officially dropped 23,000 yuan, and the price was adjusted to 179,900 yuan.

Aeon teamed up with BYD to clear the fuel _fororder_image001

  As a result, this "No.1 pure electric family car" with 610km long battery life, 300km charging in 30 minutes, and intelligent driving functions such as L2 automatic driving and remote parking, based on product and price advantages, shows the incomparable market competitiveness of its class. This time, the official reduction actually gave consumers a value courtesy of up to 50,000 yuan. AION S MAX Xingyao came to lower the price and improve the quality-price ratio, and the official reduction price dropped by 23,000 yuan. Secondly, compared with competing products at the same level, the extra product value is 10,000 yuan for smart driving, 5,000 yuan for buying a car and sending a charging pile, 6,000 yuan for vehicle financial policy, and 6,000 yuan for replacement subsidy, so the total product value is 27,000 yuan more than competing products, which is equivalent to a value subsidy of 50,000 yuan for users before and after conversion. According to industry insiders, pure electric giant Ai ‘an will join hands with BYD to accelerate the end of the era of fuel vehicles.

Aeon teamed up with BYD to clear the fuel _fororder_image002

  The fatal blow of Ai ‘an teamed up with BYD to make fuel despair.

  According to the data released by the passenger car market information association, the domestic retail penetration rate of new energy vehicles in January this year was 32.8%, up 7.2% year-on-year, and the retail sales volume of new energy vehicles in the market was 668,000, up 101.8% year-on-year. Industry organizations predict that the production and sales of new energy vehicles in China will reach 13 million in 2024, and the penetration rate is expected to increase to 40%. On the other hand, in recent years, the sales volume of fuel vehicles has continued to decline, and some joint venture brands have suddenly withdrawn from the market. Data show that in January this year, the national retail sales of conventional fuel passenger cars (excluding new energy vehicles) reached 960,000, down 44% year-on-year, and the downward trend for three years continued. In contrast, the development momentum of new energy vehicles has remained good.

  In addition to the macro-level industry analysis, the performance of major new energy vehicle companies also confirmed this trend. Just after the Spring Festival, the price reduction represented by new energy automobile giants such as Ai ‘an and BYD has begun. First, BYD started with the glory of Qin PLUS, a hybrid model, and started the price reduction marketing. Then, Ai ‘an made a strong innovation, and announced that AION S MAX Xinghan official had dropped by 23,000 yuan. On the premise of ensuring quality and service, it was able to gain strength and broke the long-standing market pattern of fuel vehicles of the same class with a guiding price of 179,900 yuan. Ai ‘an’s strong participation in the team of pure electric vehicles will become the last straw for new energy to crush fuel.

Aeon teamed up with BYD to clear fuel _fororder_image003

  The advantage of "pure electricity" in playing combination boxing is more obvious.

  From oil to electricity, many car companies have experienced a road of "crossing the river by feeling the stones". Looking at the head brands of new energy auto markets such as BYD and Ai ‘an, they now have their own models and service characteristics.

  In recent years, BYD mainly relies on plug-in hybrid, plus the low-end version of DM-i, guarding the new energy automobile market below 150,000. Aian focuses on intelligent manufacturing of pure electric vehicles, integrates cutting-edge technologies and car demand, and has successively launched a number of models such as AION S MAX, AION Y Plus, AION V Plus, etc., to meet the car scenes of different segments of people and become the first choice for more families to buy cars. On the basis of maintaining the advantages of products, AION S MAX Xinghan further integrates resources, optimizes prices and improves services, making the advantages of "pure electricity" more obvious.

  In terms of cruising range, Ai ‘an took the lead in popularizing "pure electric long battery life", breaking the shackles of fuel vehicles on new energy battery life, and 610km battery life has become the normal state of pure electric vehicles. In addition to building cars, Ai ‘an has built a "fast, wide and near" power supply system. The brand energy station has now covered 338 cities across the country, with nearly 1.6 million charging piles, creating an energy supply circle of 5 kilometers in the urban area and 10 kilometers in the main road, so that the owners of Ai ‘an can find charging piles within 10 minutes, and the energy supply guarantee is more perfect. In terms of charging speed, in January this year, Ai ‘an launched a new OTA online upgrade, which increased the charging speed by 28%. 300km in 30 minutes, full battery life, ready to go. Long battery life and quick replenishment can completely solve the mileage anxiety of consumers, and win a box of oil at full power.

  In the field of intelligent driving, Ai ‘an has also demonstrated its leading technical strength, which is not only comprehensive in use scenarios, but also mature and reliable in technology. It is also one of the first brands in China to start L3 application and lay out intelligent driving. In the future, Ai ‘an will continue to vigorously promote the leading intelligent driving technology in all models, accelerate the landing and popularization of cutting-edge intelligent driving technologies such as L3 and urban NDA, and strive to achieve L4 intelligent driving in 2025. Just as Apple eliminated traditional mobile phones, pure electricity is the best carrier for smart cars in the future, and people who are used to pure electric driving will no longer adapt to backward fuel vehicles.

Ai' an teamed up with BYD to clear the fuel _fororder_image004

  It is not difficult to find that the new energy vehicles represented by Ai ‘an, after solving the endurance anxiety, energy-replenishing infrastructure and charging speed, continue to deepen the intelligent driving technology, and the consumer’s car experience continues to improve. Of course, the diversification measures of Ai ‘an have contributed to the market performance worthy of recognition. In 2023, the cumulative sales volume of Ai ‘an exceeded 480,000 vehicles, a year-on-year increase of 77%. In this context, Ai ‘an has become the fastest pure electric brand and new energy brand in the world, and also the fastest automobile brand in the world, and its comprehensive strength is obvious to all.

  Whether it is BYD’s main hybrid or pure electricity led by Ai ‘an, China’s new energy automobile market has formed a "double-male pattern", and the trend of the two new energy brands to accelerate fuel conversion will continue to accelerate, which will also drive the upgrading of products and services in the entire automobile industry and contribute more to the popularization and application of new energy vehicles. (Source: Guangzhou Automobile Ai ‘an)

Hongqi Guoya’s new model offers both V6 and V8, with a price of 1.4 million.

During the Guangzhou Auto Show in 2024, the sunflower brand officially announced that its new car was available in V6 and V8 versions, and the official guide prices were 1.4 million yuan and 1.86 million yuan respectively.

In terms of appearance, the front face of the new car adopts a family design style, and the grille is decorated with a straight waterfall structure inside, which has a strong sense of momentum; The headlight group adopts a blackened horseshoe-shaped design, which is internally integrated and has excellent texture performance. There is no absence of the standard, which highlights the identity of luxury models.

The lower enclosing part adopts a three-stage design, and the size of the diversion grooves on both sides is relatively large, and the interior is decorated with scattered chrome strips, which has a strong recognition; The middle part is equipped with an inverted trapezoidal air inlet, and the interior is decorated with a black honeycomb structure, which highlights the sporty atmosphere.

In terms of side shape, the roof adopts the traditional sedan shape, which is more stable in style, and the generous C-pillar brings a strong sense of strength; The waistline adopts a penetrating design, extending from the front to the rear of the car, which makes the visual effect look slender and atmospheric, and also provides a two-color body version to further enhance the sense of momentum; The wheel hub adopts multi-frame modeling, and the style is more atmospheric.

In terms of tail modeling, the top of the trunk is designed with a duckling tail, and the blackened taillight group adopts a vertical layout, which has a feeling of echoing the headlight group; The license plate frame area adopts a concave design, which embellishes the layering of the rear of the car; The lower enclosure part is equipped with penetrating chrome-plated strips, and both sides also create the shape of exhaust decorative covers, which makes the whole rear of the car feel more layered.

In terms of dimensions, the length, width and height of Hongqi Guoya are 5353/1998/1511mm and the wheelbase is 3260mm respectively. The positioning is that the V6 version adopts a five-seat layout, while the V8 version adopts a four-seat layout.

The design language of the interior is not complicated. There are double-frame, full-LCD instrument panel, floating central control panel and electronic arms. The center console has a strong sense of hierarchy, and it is decorated with leather and solid wood structure, which highlights the sense of grade.

In terms of configuration, Hongqi Guoya comes standard with,, rear wheel steering, front and panoramic images, L2-level assisted driving, electric induction trunk,, keyless entry, one-button start, matrix automatic,, automatic wiper, leather electric steering wheel, steering wheel heating, electric adjustment/ventilation/heating/massage of front and rear seats, automatic air conditioning and rear independent air conditioning.

In terms of power, the new car offers a 3.0T V6 hybrid version and a 4.0T V8 hybrid version, in which the maximum power of 3.0T is 280kW and the peak value is 570N·m;; The maximum power of 4.0T is 350kW and the peak torque is 680N·m;; The maximum power is 160kW, the peak torque is 281N·m, and the matching gear box is 8AT, and the acceleration time is 4.8 seconds and 4.3 meters respectively. Oh, the comprehensive fuel consumption of WLTC is 8.2L/100km and 8.8L/100km respectively.

Fear of A-share high P/E ratio 118 stock funds can’t outrun the Shanghai and Shenzhen 300.

    Since the beginning of this year, only three of the 121 stock funds have outperformed the Shanghai and Shenzhen 300 Index. In the past year (from September 18, 2006 to September 17, 2007), only two stock funds have outperformed the Shanghai and Shenzhen 300 Index.


    "Is the Shanghai and Shenzhen 300 really hard to beat?" According to insiders of fund companies, recently, a group of fund managers discussed this "strange phenomenon" with great anxiety at the party.


    Funds can’t outrun the Shanghai and Shenzhen 300.


    In the past year, only two equity funds, Huaxia Market Selection and China Post Entrepreneurship Core Optimization, outperformed the Shanghai and Shenzhen 300 Index, rising by 309.87% and 309.48% respectively. In the same period, the Shanghai and Shenzhen 300 Index rose by 303.64%, while the Shanghai Composite Index rose by 215%.


    From the beginning of this year to September 17th, only three equity funds outperformed the Shanghai and Shenzhen 300 Index, namely, China Market Select (up 205.31%), China Post Core Preferred (up 193.90%) and Everbright Prudential Bonus (up 166.67%). In the same period, the Shanghai and Shenzhen 300 Index rose from 2,041.05 points to 5,498.91 points, with an increase of 169.42%, while the Shanghai Composite Index rose by 102.63%.


    Observing the awkward positions of these three funds, we can find that as of June 30, the second largest awkward position in China’s market selection was *ST Guangsha. At the end of 2006, *ST Guangsha had not yet entered the fund portfolio, but by the mid-2007, the position of Huaxia Market had rapidly increased to 10,699,400 shares, which was just the middle of the big band in which *ST Guangsha rose from 6 yuan to 15 yuan.


    From *ST Guangsha, baoshan iron & steel, China Southern Airlines and China Storage Co., Ltd. to Taiyuan Heavy Industry Co., Ltd., China’s market selection is neither greedy nor urgent, and only eats the middle paragraph of the market. The most typical one is Taiyuan Heavy Industry, which opened a position near 6 yuan around June 2006, and got away with it when it rose to 9 yuan.


    The optimization of China Post’s entrepreneurial core and the dividend of China Everbright Prudential are typical inverted pyramid operations. In the first half of this year, China Post’s entrepreneurial core gradually increased its position in CONCH and completely ate the stock’s market from 28 yuan to 60 yuan.


    Is underperforming the broader market due to the high performance benchmark?


    Faced with the embarrassment that the whole fund industry has underperformed the broader market, are fund managers really exhausted in Jiang Lang?


    "In fact, on the whole, the performance of the fund sector is still above average. The reason why it underperformed the broader market is mainly because the performance appraisal benchmark is too high." Zhou Liang, research manager of Lipper China, told the Financial Weekly reporter that if the performance of the Shanghai Composite Index is compared, the performance of most equity funds is beyond the broader market.


    From the beginning of this year to September 17th, the Shanghai Composite Index rose from 2,675.47 points to 5,421.39 points, an increase of 102.63%. In the same period, data from Galaxy Securities showed that 78 of the 121 equity funds had a net growth rate that exceeded that of the Shanghai Composite Index. All 16 index funds outperformed the Shanghai Composite Index, ranking first among all types of funds with an average net growth rate of 139.32%. Of the 57 partial stock funds, 31 were up to standard, with an average growth rate of 114.14%.


    But if calculated by Shenzhen Component Index, the confidence of fund managers will be gone. Statistics show that since the beginning of this year, the Shenzhen Component Index has risen from 6,647.14 points to 18,499.38 points, an increase of 178%. During this period, among the equity funds, only two funds, selected by Huaxia Market and optimized by China Post, reached the standard, and only E Fund SZSE 100TEF exceeded this level. The hybrid fund is completely annihilated, and its performance is lower than this level, whether it is partial stock, balanced or partial debt.


    Zhou Liang believes that since the beginning of this year, the sudden emergence of Shenzhen market has boosted the growth rate of the whole A-share market. However, for the sake of controlling risks, fund companies have not increased their positions in Shenzhen, making their performance weaker than that of the Shanghai and Shenzhen 300 Index, which combines the performance of Shenzhen and Shanghai markets.


    Institutional game competition upgrade


    "If we must find the reason from the performance of the fund, the intensified competition in the A-share market may be an important reason." Zhou Liang told reporters that during the bear market from 2002 to 2004, the net value shrinkage rate of most funds was less than the decline of the stock index, and some funds even made small profits during this period by tapping the "five golden flowers" and "blue chip concept".


    "In the bear market, the net shrinkage rate is less than the performance benchmark, which is also considered to outperform the market. However, it is increasingly difficult to ask the fund to surpass the market now, because the investor structure of A shares has undergone fundamental changes. " Zhou Liang said.


    According to the data of Galaxy Securities, as of June 30, 2007, the net assets of 347 funds in the A-share market totaled 1,799.073 billion yuan, of which the net assets of stock-oriented funds reached 1,671.120 billion yuan, accounting for 31.25% of the circulating market value of Shanghai and Shenzhen A-shares.


    Zhou Liang believes that before 2005, fund assets accounted for a relatively small proportion of the circulating market value of A-shares, and the main competitors of funds were retail investors. However, with the extraordinary growth of fund scale in recent two years, it has evolved into a game between funds. As a result, it is becoming more and more difficult to beat the market.


    Reduce the shareholding ratio under the fear of high valuation


    "You know it’s a dangerous game, but you have to play it." Not long ago, the investment director of a joint venture fund company privately commented on the current A-share market.


    "Take China Aluminum as an example, its stock market value has exceeded 700 billion yuan, which is equivalent to 90 billion US dollars, which is 3.3 times that of Alcoa, the largest aluminum company in the world. "Alcoa’s average P/E ratio is about 11 times, and Chinalco’s P/E ratio is already 50 times. I don’t know which valuation method can support such a price." The person said.


    It will be a long-term trend for savings to "move" to the stock market through funds. This forced fund managers with huge sums of money to "wander around" in all sectors of the stock market, and at the same time promoted this sector to become a "valuation highland", it also made that sector a "value depression", and so on, gradually raising the value center of the whole market.


    "It’s like wearing three shirts in turn. There is always one that is relatively clean, but the shirt will be washed sooner or later." A fund manager of a company headquartered in Beijing Financial Street told reporters that although the reason told him that the overall valuation of the A-share market was high, he had to look for the so-called "value depression" due to performance pressure.


    The fund manager believes that fearing the high P/E ratio of A shares and reducing the shareholding ratio is also a reason why some funds failed to outperform the Shanghai and Shenzhen 300.


    Retail investors or trigger chain redemption


    Zhang Hongji, general manager of Linfen Jiuxin Investment, believes that the same investment philosophy and the investment model derived from it have led to the increasingly serious phenomenon of similar fund positions. Once the stock market turns and fund investors redeem it on a large scale, the fund industry is in danger of breaking the capital chain.


    "Now that the market has risen to 5,400 points, and the increase has exceeded 400% in two years, it is necessary for investors to properly consider the risks caused by adjustment." Zhang Hongji believes that the retail of fund investors may trigger an unexpected chain reaction in the stock market.


    At present, fund positions have accounted for more than 30% of the total market value of A-shares. The redemption of a fund is very likely to lead to the decline of a stock, which in turn will cause the loss of the net value of other funds and trigger a larger redemption.


    The European fable that a nail destroys a country is likely to be a portrayal of the future of the A-share market, Zhang Hongji believes.


    Zhou Liang suggested that "investors with very high risk requirements can consider playing new funds and bond funds." (Reporter Xiao Yang)

Editor: Zhao Xuanxuan