AI is the hottest cutting-edge technology topic at the moment, and it is also the most promising development direction in the future. Major tech giants around the world are stepping up their layout in the field of AI to compete for the advantages and advantages of AI. In this AI wave, Meizu is not far behind, shouting the slogan of ALL IN AI and releasing a new strategic plan to finally complete the vision of All IN AI.

　　Fully involved in the AI war is Meizu’s new breakthrough and grand blueprint in the field of smart devices. Of course, Meizu has developed for more than 20 years and has accumulated many unique advantages in the field of smart devices, which is also the biggest reason why Meizu has enough confidence to transform and upgrade.

　　Meizu’s current transformation of AI, just like the original development of MP3 gorgeous transformation into the field of smartphones, can be said to be forward-looking. On the one hand, Meizu has a complete R & D team and hardware supply chain, as well as a systematic development, design, and interaction software team, which will provide Meizu All in AI with solid technical support and development guarantee.

　　First of all, Meizu’s strategic deployment is clear, focusing on building AI Device products, reconstructing Flyme systems, and building AI ecosystems. Specifically, in building AI Devices, Meizu has made a wave of successful attempts on the newly released Meizu 21PRO.

　　Meizu 21PRO flawlessly combines AI technology with smart devices to create a new intelligent end point device. Based on the powerful AI capabilities of the Flyme system, Meizu 21PRO can support functions such as AI smart key wake-up assistant, AI assisted input, AI gallery, etc., to achieve an intelligent experience for users to answer questions and do what they say.

　　On the Flyme system, Meizu will restructure the Flyme system and application in the future, so that AI technology can be more deeply integrated into the operating system, and at the press conference for the first time proposed a number of groundbreaking new AI concepts such as AI portable secretary and task robot. Of course, Flyme’s change may not stop at the innovation of system functions. The Flyme team plans to launch an AI Mini Program store in the future, which is expected to open up diverse, innovative and open scene-based entrances to third-party services.

　　In addition, Meizu will also focus on building an AI ecosystem, planning to open Meizu AI hardware to large model teams, including OpenAI, which also provides developers with unlimited space for innovation. In the future, Meizu will lead the trend with a more open and inclusive attitude and work with more developers to promote AI development. It can be said that Meizu’s future vision is advancing solidly.

It is said that the car was bought correctly, saving the loading fee. Therefore, if you buy a car now, do you want to buy a car with a price of 100,000 yuan and change it to a car with a price of 200,000 yuan in a few years? Or just bite the bullet and buy a car with a price of 200,000 yuan, and use it for a few more years? Of course, if you are a trench, please feel free, but if your budget is just right, you should think clearly.

Even if the budget is limited, don’t worry. Let’s take a look at Chery Tiggo 8 recommended by this site. Maybe it’s not only the right price, but also just your dish. We have collected valuable information such as the real transaction price, discount, hedging rate and used car valuation, to help you understand how much money you can save by buying a new car and how much you can sell as a used car, and it is easy to get it in one step.

This site collects the real transaction price of Chery Tiggo 8. In the past month, the cash of new cars in the country dropped by 13,400 yuan, and the maximum discount reached 8.76 fold. This site collects the price in real time throughout the country. The actual transaction price is subject to the discount of local dealers.

From the following figure, we can see the sales trend of Chery Tiggo 8, and the sales volume of Chery Tiggo 8 in the past month is 2025 vehicles. Although the sales volume does not represent everything, the sales volume has indeed become one of the criteria for consumers to choose a car. A high-selling car shows that it is suitable for most consumers, and it also has relatively perfect after-sales service, and the natural turnover rate of auto parts will be higher.

When we buy a car, we need to consider many factors, among which the preservation rate is also very critical. The low preservation rate of the car indicates that the overall quality of the car is poor, while the high preservation rate indicates that the market is highly recognized. The figure below shows the value-preserving rate of Chery Tiggo 8. Is it within your acceptable range?

When we buy a car, we will pay attention to all aspects of this model in advance, especially the posts and word-of-mouth posted by car owners in major forums and vertical websites. Apart from the navy, there are still some car owners’ real car experience that is worth learning. Let’s take a look at the word-of-mouth score of Chery Tiggo 8. The comprehensive score of Chery Tiggo 8 is 4.54, and the result is not bad, so Chery Tiggo 8 can be considered.

If you have seen the above, you still have doubts about whether Chery Tiggo 8 is worth buying, then you can also look at the performance of the competing products of Chery Tiggo 8. Among the following competing products, Jetta VS7 sold the most last month, with 4,136 cars. There is always one for you.

If the price of Tiggo 8 is suitable in the near future, then the friends will hurry! Linkage promotion in many places across the country, and there are even more discount models as low as 30%.

　　Ten thousand units have a new starting point and a new journey. On July 1st, Haval New Energy Intelligence Discovery Day and the ceremony of off-line for 10,000 Xiaolong series were officially held. We entered Haval New Energy in the form of online live broadcast, explored the advanced key of Haval Intelligence, and explored the strength behind the explosion of Haval Xiaolong series. Only 45 days after listing, Haval Xiaolong series officially ushered in the milestone moment of the 10,000 th vehicle off the assembly line, and released the OTA plan of Haval Xiaolong MAX to help Haval Xiaolong series set off a new wave intelligently.

　　Haval Xiaolong series wins "market awareness", which is 97% higher than the previous month. Press the sales acceleration button.

　　As a masterpiece of Haval’s new energy in the true sense, Haval Xiaolong MAX took the lead in building a brand-new Hi4, opening the era of all-people electric four-wheel drive with "the experience of four-wheel drive and the price of two-wheel drive", and the popularity of new car terminals has steadily increased. Since June, the hot delivery wave has been started all over the country. Among them, the Haval Xiaolong MAX four-wheel drive elite model with a price of 159,800 yuan has also been fully delivered, and the super quality-price ratio has aroused widespread concern in the market.

　　In June this year, the sales volume of Haval Xiaolong series reached 6,098 vehicles, a significant increase of 97% from the previous month. The rapid rising momentum confirms the excellent product strength of Xiaolong series and gradually wins the market cognitive war, which is being recognized by more and more users.

　　In terms of channels, Haval New Energy Network opened 100 stores, creating a business ecology that is not limited to cars with the new model of "service+products", and helping Haval New Energy to open a new era. Up to now, Haval New Energy Network has completed the deployment of 326 Haval New Energy Network stores in major sales regions across the country, achieving comprehensive coverage of the domestic mainstream market; It is estimated that by the end of 2023, Haval’s new energy brand channel will cover 200+ prefecture-level cities nationwide and 800+ stores will be officially put into operation.

　　Demonstrate "Invisible Strength" and set a new benchmark for technology research and development in Haval Intelligent Laboratory.

　　The new energy era is accelerating industry changes, and profound intellectual strength will help brands win the future. For the Haval brand, the new energy track is not a 100-meter sprint, but a protracted "marathon". The core of this "marathon" is the competition of research and development strength, and it is also a contest about technical reserves. Only by mastering the core technology can we be in an invincible position. Backed by the 33-year technical accumulation of Great Wall Motor, Haval brand has the technical confidence to lead the industry, instead of fighting for temporary gains and losses, it leads the whole process with absolute strength. As a car company that loves technology, Great Wall Motor has always insisted on excessive investment in R&D. In 2022 alone, the R&D investment has exceeded 12 billion yuan, and technological innovation has helped the core competitiveness to continue to improve; By 2025, the cumulative R&D investment will reach 100 billion yuan.

　　During this live broadcast, the Harvard brand interpreted the "invisible strength" and unveiled the mystery of Harvard’s intellectual creation. With the top vehicle laboratories in four industries — — Endorsed by the environmental wind tunnel laboratory, vehicle electromagnetic compatibility (EMC) laboratory, NVH laboratory and interactive experience laboratory, Haval has created the Haval Xiaolong series to reshape the value benchmark of new energy SUV for users with all-round leading super R&D strength, officially opening the era of all-people electric four-wheel drive, and further strengthening the product layout of Haval brand in the new energy market.

　　Among them, Great Wall Motor is the first self-owned brand automobile enterprise with an environmental wind tunnel laboratory in China. The environmental wind tunnel laboratory can control environmental parameters such as wind speed, wind direction, temperature and humidity to simulate different wind environments, which can be used for matching research and development of vehicle air conditioning and cooling systems and provide environmental simulation for performance verification. The first vehicle electromagnetic compatibility (EMC) laboratory in China studies the interaction between environment and vehicles, as well as the electromagnetic influence of vehicles on passengers and their own electronic systems. The research of NVH laboratory is to reduce the noise outside the car and improve the driving comfort inside the car by reducing the noise source, reasonably designing the body structure and adjusting the parameters. The interactive experience laboratory is developed by Great Wall full stack, which has super stability. It is mainly divided into two parts: VR virtual experience and real car simulation experience. Through the research and development test of multi-dimensional interactive mode, users can really enjoy the convenience brought by technology.

　　Foreseeing Haval Xiaolong MAX’s "Growth" New OTA to Create Intelligent Cockpit Ceiling

　　With the upgrading of consumer demand in the automobile market, Haval brand has a full insight into the value upgrading in the new energy era, and leads the intelligent advancement with technological innovation. Among them, Haval Xiaolong MAX has refreshed the intelligent ceiling in the field of new energy SUV in China with the help of the new generation of Coffee OS intelligent cockpit and coffee smart driving. And only 45 days after listing, Harvard brand announced the OTA function upgrade plan of Haval Xiaolong MAX, immediately responded to user feedback, further enhanced the user experience with technology upgrade, and built an unbreakable smart moat.

　　After the upgrade of the new OTA, the 3D car control function will be added, the real car state will be restored through the 3D car model, and the "visible control" will be supported. Users can not only control the opening and closing of windows, skylights, tailgates, etc. through the 3D car model, but also control the HUD display screen, reducing the need for users to search related buttons at multiple levels, which not only improves convenience, but also brings users a more fun and scientific car experience. At the same time, the 3D car model not only perfectly restores the real car state one by one, but also helps users to understand the complex technical principles, show the switching of vehicle driving modes in a more scientific and e-sports sense, and enhance users’ driving perception. And the energy management function is integrated into the car control car design page, and the change of vehicle energy flow is presented in 3D, so that users can truly perceive the power-saving logic of Haval Xiaolong MAX and save money.

　　In addition, the Haval brand has created a more convenient and comfortable car experience for users through a comprehensive rejuvenation of car applications. In-depth development and adaptation for Himalaya, the UI interface is completely refreshed, and the voice barrier between APP and car terminal is broken. Users can select, play and switch through voice, which completely reduces the user’s use cost and improves the user experience. On-line sound museum function, users can inquire about musical instruments, animals, transportation, life, nature and other sound effects through voice assistants, and make choices according to the needs of different scenes, so as to relieve the fatigue of the journey and increase the fun of traveling. Add animation switch for startup, support custom drop-down panel, and add four shortcut switches for low-speed pedestrian warning sound, power mode, driving mode and smart parking, so that complex functions can be reached with one click.

　　Among them, the above functions will be pushed in the third quarter, and Haval will continue to carry out the second OTA upgrade. Haval Xiaolong MAX will be equipped with the AI ? ? big model, which can freely enter the scene experience on the original voice interaction link and open the diversified services brought by smart AI. Through the accumulation of hundreds of millions of levels of data, the AI ? ? big model will give the vehicle an active travel plan, combined with user preferences and algorithm analysis, providing a large number of travel choices for car owners, making the vehicle smarter and making the car life more convenient. The Haval brand will continue to upgrade the smart cockpit online, promote the development of the industry with "equal rights in science and technology", and make highly intelligent OTA the standard for new energy SUVs.

　　At the same time, Haval Xiaolong MAX will also be equipped with handcart interaction, including super desktop, navigation relay and other functions. Among them, after the car is paired for the first time, it is detected that the paired mobile phone gets on the car, so that the mobile phone APPlication can be directly displayed on the car screen, and the control of the mobile phone app can be realized through the car terminal, so that the user can enjoy the upgrade of visual effect MAX. The experience brought by the navigation relay function is that the route follows people, the car screen guides the driving route, the mobile phone relay is taken when getting off the bus, and the remaining routes are navigated, thus realizing the seamless relay between the car navigation and mobile navigation, ensuring continuous navigation and easily solving the last 300-meter navigation lost way.

　　The product matrix is fully refreshed and new kinetic energy is gathered. 2023 is the decisive year for Harvard to transform new energy. Harvard is not limited to providing users with a single sense of satisfaction, but to build an all-round link system so that users can buy with confidence, use comfortably and have fun. Entering the second half of new energy, the Haval brand, which broke through quickly with the Haval Xiaolong series, will continue to deepen the field of new energy SUVs, accelerate the industrial layout of intelligent new energy vehicles, and open up a new development pattern of the new energy SUV market with the comprehensive leading edge of technological innovation, advanced intelligence and service upgrading. (Photo courtesy of Great Wall Haval)

Manufacturing process of "paper battery"

　　"It’s unbelievable!"

　　If alessandro volta, who invented the first "battery" 220 years ago, could see this "paper battery" with a thickness of less than 1 mm and a size smaller than that of an A4 piece of paper, but a full capacity of 26,800 mAh, he should also send out such feelings!

　　This "powerpaper" developed by Linxueping University in Sweden, although small and slim, has a capacity of 8 to 10 times that of ordinary mobile phone batteries, and can provide users with long-term and stable power output effortlessly. After more than 2000 discharge tests, the battery has no obvious loss, and its service life is twice that of lithium battery.

　　Because the material of this "paper battery" is a special substance synthesized by nanofibers, its texture is very soft and its feel is similar to that of ordinary paper. Moreover, under the action of high-pressure water column, engineers can reduce the fiber of this "paper" to 20 nanometers, which is only 1/5000 of the diameter of human hair. It also has excellent ductility and stability, and can still maintain a good discharge state after repeated folding.

　　In fact, in 2006, the research team led by Chinese scientist Zhang Xiachang had designed the world’s first "ultra-thin paper battery". They use electronic component printing technology to print pastes with different functions on semi-sheet substrates to form the positive and negative electrodes of batteries, and discharge them through related chemical reactions. In theory, the "paper battery" designed by Zhang Xiachang’s team can provide a long-term and stable power output environment, and can quickly release high-energy electricity like a super capacitor, thus making up for the shortcomings of traditional batteries.

　　"The traditional battery is a combination of several separate components, and ‘ Paper battery ’ It is to print all parts in a single structure through printing technology to make it more efficient. " Zhang Xiachang said that in an ideal state, the voltage of a single "paper battery" is 1.5 volts, which can be connected in series to form a battery with higher voltage, and the shape, size and thickness of the battery and the position of the anode and cathode of the battery can be adjusted according to specific requirements for various electrical appliances.

　　Because some technical means were not mature at that time, some technical bottlenecks were difficult to overcome, which led to the short discharge time and low power of the battery. It could not be widely used in medium and large electronic products such as digital cameras, mobile phones and watches, but was planned to be used in the field of "radio frequency identification" with low power consumption.

　　With the continuous progress of electronic technology, new electronic products such as folding mobile phones, folding watches and ultra-thin portable computers are constantly coming out, and the technology of "paper battery" is also constantly improving and innovating, which is close to the market demand.

　　According to the design concept of Zhang Xiachang’s team and the latest technical means, the latest "paper battery" developed by the research team led by Professor Xavier Crispin of Linxueping University in Sweden has made a qualitative leap in stability and practicality. In addition, this kind of "paper battery" encapsulated by conductive polymer coating is not only waterproof, but also can be recharged for hundreds of times, and each charge takes only a few seconds.

　　So, what changes can the "paper battery" with many advantages bring to us?

　　For example, because of the special physical properties of its internal lithium battery, the mobile phone’s body is too thick and its standby time is too short, which has always been a technical problem that many design teams can’t overcome. And all this will be solved because of the soft and cuttable characteristics of "paper battery", slim as paper, super-large capacity and stable output power.

　　In addition, the military field that countries attach great importance to will also be embraced with open arms. Perhaps in the near future, all kinds of portable radios, base stations and combat command systems loaded with "paper batteries" on the battlefield will be smaller and lighter; The chariot driven by "paper battery" will get rid of the heavy traditional energy and become faster and lighter; The medical rescue team can complete an operation with the help of a stack of "paper batteries" without considering the power supply; Unmanned aerial vehicles (UAVs) in the sky and unmanned boats in the sea will also expand the scope of reconnaissance because of the long-lasting endurance of "paper batteries" & HELIP; … (Li Lei Zhang Pan)

First Electric learned from the public notice list of new vehicle products in Road Motor Vehicle Manufacturers and Products (No.356th batch) published by the Ministry of Industry and Information Technology that Genie #1 will soon launch a dual-motor version, and Deep Blue C385 (code name) was officially named Deep Blue SL03, and a brand-new brand LOGO was released. The sports kit of UNI-V iDD was really awesome. We selected seven new cars to recommend from this batch of declaration catalogue.

1. Should it be said that this is a girl’s favorite electric car? Two-motor version of Genie #1

The catalogue of the Ministry of Industry and Information Technology shows six models of Elf #1. Needless to say, the appearance can be summarized simply by the word "good-looking". Different from before, the Ministry of Industry and Information Technology showed the power of the Genie #1 dual-motor version, with the maximum power of 115kW and 200kW before and after respectively, and the total power of the motor was 315kW.

Genie #1 locates compact SUV,The length, width and height of the car body are 4270mm, 1822mm and 1636mm, respectively, and the wheelbase is 2750mm, which is based on the vast pure electric structure of SEA., designed and developed by Germany.

As a pure electric vehicle, Elf #1,It is equipped with a ternary lithium battery with a capacity of 66 kWh. At the time of pre-sale, the official claimed that the maximum pure electric cruising range could reach 560 kilometers (CLTC China light vehicle driving condition).In the DC overcharge mode, the power can be increased from 10% to 80% in less than 30 minutes.

The single-motor version of Elf #1 is equipped with a permanent magnet synchronous electric drive with a maximum power of 200kW and a peak torque of 343 Nm. It only takes 6.7 seconds to accelerate from standstill to 100 kilometers per hour, and its powerful power is also one of the characteristics of Elf #1.

Therefore, the double-motor version of Elf #1 is coming, and the power will be more powerful. The adjective "small steel gun" is no longer suitable for the double-motor version of Elf #1.

2. Exchangeable geometry E

Geometric e is the fourth product of geometric automobile, with the length, width and height of 4006mm, 1765mm and 1550mm respectively, and the wheelbase of 2485 mm. According to the previous news, the car will provide two different cruising ranges, namely 320km and 401km, corresponding to the battery packs with battery capacity of 33.5 kWh and 39.4 kWh. So how big a battery pack will this geometry E that can support power exchange carry?

In terms of power, Geometry E will be equipped with a permanent magnet synchronous motor with a maximum power of 60kW, a peak torque of 130N·m and a maximum speed of 121 km/h..

The front face design of Geometry E is very recognizable. The front face is integrated with a three-dimensional geometric graphic light group. The headlights are sleek in design and decorated with circular plaques around the headlights. The use of color in details is still very popular. The car is also equipped with IHBC intelligent high beam control function, which can realize the automatic change of far and near lights with the scene.

3. Deep Blue C385 was renamed Deep Blue SL03.

Deep blue C385 declaration news exposure,The official name of the new car and the deep blue series LOGO were released together., Deep Blue C385 will be named "Deep Blue SL03",The brand Logo will adopt the design of "energy crystal".

Pure electric vehicles are divided into two versions, 160kW and 190kW respectively., equipped with lithium iron phosphate battery (Contemporary Amperex Technology Co., Limited) and ternary lithium battery (Chongqing New Energy Automobile Technology Co., Ltd.), the power consumption is as low as 12.3 kWh /100 km. According to the news exposed before, C385 electric version.The longest battery life can reach more than 700 kilometers, and the fastest time is 5.9 seconds..

Extended range version, equipped with deep blue SL 03Power system consisting of 1.5-liter engine and motor.The maximum power of the engine is 70kW, the maximum power of the motor is 160kW, and it is equipped with lithium iron phosphate battery from Zhongchuang Singapore Airlines. Under CLTC comprehensive working conditions,The pure electric cruising range is over 200 kilometers, and the comprehensive cruising range is over 1,200 kilometers.The fuel consumption is as low as 4.5L/100km, and the maximum speed can reach 170km/h..

4. Weilai NT2.0 pure electric platform, exposed by Weilai ES7 Ministry of Industry and Information Technology, with 480kW dual motors.

The length, width and height of Weilai ES7 are 4912mm, 1987mm and 1720mm respectively. Thanks to the support of Weilai NT2.0 pure electric platform, the wheelbase has reached 2960mm, and the whole vehicle is defined as a pure electric medium and large SUV. Weilai ES7 continues to adopt the latest Weilai family-style X-Bar design language, with angular ridges on the hood and the shape of SHARK NOSE’s front face, which looks very unique.

Weilai ES7 is also equipped with laser radar, which is similar to Weilai ET7 in design. The laser radar is installed at the front end of the central line of the roof, and both sides of the front end are also equipped with high-position cameras, which have NAD safety and driving assistance functions and have high automatic driving ability.

The appearance of Weilai ES7 can be selected in many ways, among which the hub has three sizes, namely 255/55 R19, 255/50 R20 and 265/45 R21. In addition to the wheel hub size, even the brake calipers can be selected in red, black and silver.

In addition, the trademark color, hubcap color and tail logo of Weilai ES7 can be personalized. At the same time, the front and rear lower decorative boards and side decorative boards of Weilai ES7 have a variety of choices for users to choose, helping users to create personalized ES7 appearance.

In terms of performance, Weilai ES7 and ET7 use the same powertrain. The power of the front and rear double motors is 180kW and 200kW respectively, and the total power reaches 380kW. The battery system is still from Contemporary Amperex Technology Co., Limited, and the specific battery capacity has not been announced.

In terms of pricing, as a high-end pure electric vehicle brand in China, Li Bin once said: "We will still stick to our high-end market positioning. Simply put, how much is the oil car sold, and our tram sells the same price." Weilai ES7 is positioned between ES6 and ES8. It is estimated that the starting price will exceed 400,000 yuan, and its competitors are locked in domestic products and GLC. According to the official information disclosed by Weilai, Weilai ES7 will be officially released at the end of May, and delivery is expected to begin within this year.

5. Huawei asked the M7 dual-motor version to come.

The extended-range version of Wujie M7 dual-motor is registered in the catalogue of the Ministry of Industry and Information Technology. The color of the black version is more attractive. The overall appearance basically continues the design language of Wujie M5, and it is equipped with a large-size air intake grille, which gives people a calm and practical feeling. Rectangular front fog lamps are also used on the left and right sides of the grille. Optional rim shape, bright window frame and rear bumper.

On the side of the car body, the new car adopts a hidden handle design, and the rear row is equipped with privacy glass. A penetrating taillight has been installed at the rear of the vehicle, and it is inlaid with the signs of "Jiejie M7" and "Sailis". Body size, the length, width and height of M7 are 5020mm, 1945mm and 1775mm respectively, and the wheelbase is 2820mm.

In terms of power, this dual-motor extended-range version is equipped with a 1.5T four-cylinder turbocharged range extender drive with a maximum power of 92kw and a drive motor with a rated power of 65kW/72kW.The peak power is 130kW/200kW,Equipped with battery pack provided by Contemporary Amperex Technology Co., Limited, the fuel consumption of WLTC is 1.09L/100km.While allowing external charging.

6, UNI-V iDD exaggerated sports kit, simply don’t be too handsome

From the declaration of UNI-V iDD in the Ministry of Industry and Information Technology, the appearance continues the design of gasoline version, with borderless grille on the front face and deep air inlets on both sides. The side of the car body is designed with a dynamic V-shaped surface, and the back-sliding shape also has a hidden door handle and electric tail design. The sense of technology and fashion is very competitive in the same class.

In terms of body size, the length, width and height of the new car are 4680/4695mm, 1838mm and 1435mm respectively, and the wheelbase is 2750 mm. UNI-V iDD has two kinds of car lengths, and we guess this is related to the optional sports enveloping kit.

In terms of power, it is equipped with a motor with a maximum power of 125kW, and the maximum net power of the engine is 122kW. In terms of battery life, the comprehensive battery life of the new car will reach more than 1100km, the pure battery life will exceed 130km and external charging is allowed.

7. Wei Pai’s dream has created a precedent for retro SUV modeling?

The application information of the new medium-sized SUV of Wei brand. The new car continues the retro design style of the concept car and will use the DHT plug-in hybrid system. It is reported that the new car will be officially launched in the second quarter of this year.

It first made its debut at the Guangzhou Auto Show in 2021. Different from other models on the market, Wei’s dream has adopted a classical style, which is officially called "a new generation of retro tide driving". In terms of power, the new car is equipped with a hybrid system composed of 1.5T+ motors.

The length, width and height of the Dream are 4830mm, 1995mm and 1725mm, respectively, and the wheelbase is 2915mm, which belongs to the category of medium-sized SUV in terms of size. Headlights are set on the protruding front fender, and the round headlight style is both retro and cute enough.

The back-sliding tail also adopts a prominent tail box design. With oval rearview mirror, chrome trim on the front fender and chrome door handle, the details further emphasize the retro design aesthetics. The rear taillight group adopts a simple oval design and is decorated with LED light sources, which is not lacking in practicality in retro.

This time, the Ministry of Industry and Information Technology showed that the rear window, rearview mirror and even the wheel hub size of the Wei brand dream model can be optional, and different shapes can create a personalized retro appearance.

In terms of power, Yuanmeng will be equipped with a DHT plug-in hybrid system. The engine used is a 1.5T engine with model E15BD, and its maximum power is 115kW(156 HP). At the same time, the new car will also provide two driving forms: two-wheel drive and four-wheel drive according to the configuration.

The whereabouts of his wife and daughter are unknown, and the drowning rescuer Qin Huan and his mother-in-law are crying.

　　Restore the "fatal encounter" in Bailong Lake.

　　"My son is back." Old Qin stood up and greeted him. This is the second day of the incident.

　　Qin Huan was dressed in pajamas, tall, with an intravenous drip in his hand, and was supported by several nurses.

　　Qin Huan calm face. Sitting in a courtyard full of relatives, he went straight into the house and went to the third floor without saying hello. Mother-in-law sitting on the sofa, Qin Huan plop down on her knees!

　　"Mom, I will be your son in the future." "Mom, actually I don’t want to live. I swam back desperately, just thinking of you. Chunxi is your only daughter. What will you do if she leaves? I swam back desperately to be your son, Mom … … Mom … …”

　　Mother-in-law embrace together, grief-stricken, how to pull, Qin Huan also don’t get up.

　　The house is full of sadness.

　　Fatal encounter

　　It was a fatal encounter. Six families met Zhou Piqiang, the ship owner, and then they met the gale together on Bailong Lake. As a result, 18 people traveled, and 14 people are still missing.

　　Last Friday, Zhou Piqiang went back to his hometown.

　　His hometown is in Group 4, Shunjiang Village, sandui town, facing the dock where the ship stopped. On weekdays, he runs a boat on the other side of the river. His daughter is an adult, but he still has a son to study. The family rented a house in the town and lived in the town, so they seldom go home.

　　The old father at home is 76 years old. During the busy farming period, he went home with his wife, found out all the dirty clothes of his old father and washed his father’s quilt sheets. After everything was in order, he and his wife Wang Xingju returned to the rented house in the town.

　　Zhou Piqiang told his neighbors that he had spent 5,000 yuan on a new machine. I’ve been going through the formalities. On Friday, the formalities were finally completed. I’m very happy.

　　Also on Friday, near the food market in sandui town, because his son Hu Daguo and his daughter-in-law came back with dolls, khufu took a leg of preserved pork from the kitchen and soaked it in hot water, ready to stew it for the next day. Soaked pig’s trotters, around 7 pm, Lao Hu and his wife took a walk in the street with their grandchildren, followed by their son Hu Daguo. As he was walking, Hu Daguo answered a phone call. Hung up the phone, khufu asked his son who called, and his son told him: Qin Huan called, let the past play. "The big country said that it would bring the baby and not go." Old nonsense, then Hu Daguo answered the phone several times, left the child with the old couple of khufu, and passed.

　　On Saturday, in the morning, Lao Hu’s wife bought a duck, and his daughter-in-law Yu Min was cooking with her upstairs when someone suddenly shouted. "Say which doll has a birthday, and call for a boat trip to Bailong Lake." Bullshit.

　　It’s also Saturday morning. Lao Yang is at the entrance of the living room on the second floor, and his wife is making buns in the kitchen. He heard his son say that Qin Huan called him to take a boat to Bailong Lake. Lao Yang didn’t take it seriously, so he went about his own business.

　　… … On Friday, Qin Huan came back from Guangyuan to see her grandmother with his wife and daughter. Just after Children’s Day on June 1st, I met the weekend, and they usually made an appointment with several good friends. The next day, several families were going to Bailong Lake by boat to accompany the dolls.

　　Wang Mingxing was also invited, but he went to the appointment alone because of family business.

　　In this way, six families and 15 people got on Zhou Piqiang’s boat at Bailong Lake Pier and headed for the upper reaches of the lake.

　　Sudden incident

　　Around two o’clock in the afternoon, the situation suddenly changed! Dark clouds make sandui town look like evening. Suddenly, there was a thunder in the sky!

　　Khufu quickly picked up his mobile phone and called his son. "Where are you?" "We are on the boat and will be back in half an hour." "You put on your life jackets!" "hmm." Hung up the phone, khufu suddenly remembered that he forgot to tell his son and stood on the deck. Hesitated and didn’t call my son again.

　　After hanging up the phone for a few minutes, it began to rain, and the strong wind made the trees outside tremble and whine. Khufu ran upstairs, closed the window, put the clothes of the adult doll into the house, and began to call his son again, but it was impossible. I called my daughter-in-law again, but it didn’t work. He ran downstairs, called a car and ran straight to the dock!

　　The son’s family went to Bailong Lake, and Lao Yang’s wife was also worried.

　　Although her son is 32 years old, he is still a doll in their eyes. Every time Yang Dong goes out, she always keeps in touch for fear that something will happen to him.

　　At 2: 05 pm, after the thunder and rain, she dialed her son’s phone.

　　"Where have you been?" "I’m on my way home." "Why did you leave?" "I’m sitting on the boat. Why don’t you go?" My son is making fun of my mother over there.

　　After nearly an hour, Yang Dong hasn’t come back yet, and she calls her son again. But the phone couldn’t get through, and then I called again, but I still couldn’t get through. I called eight times in a row and couldn’t get through!

　　At 3: 21, Lao Yang was playing outside when his wife called: "Yang Dong can’t get through. Go to the dock and have a look!" Lao Yang ran home quickly, got on the bus and ran towards the dock!

　　Go ashore alive

　　Khufu anxiously rushed to the dock and met Erwa’s brother.

　　"Did you see a boat coming back?" "Five ships have gone out, and none has come back yet." The other party said, "I heard there was an accident with a boat."

　　Khufu didn’t wait for the other party to finish, so he ran towards the Zhang family’s mouth. Soon he met someone coming up with a doll. He went to see it, not his grandson, and began to walk up again, standing by the river and looking at the water eagerly.

　　The water remained calm, as if nothing had happened, only the rescue boat came and went, but there was nothing to do.

　　Lao Yang went to the dock and didn’t see anyone. On the way, he saw an ambulance and didn’t stop to ask. Later, I learned that the accident happened in the water near Zhangjiazui, about four kilometers up.

　　He later learned that the child who was taken out was a careful doll and had died.

　　There are more and more people, and people from the government are here. Later, Lao Yangcai heard that Yang Dong had been sent to the hospital. He quickly turned around and ran to the town hospital. When I arrived at the hospital and saw Yang Dong, I realized that my daughter-in-law Chen Ling and her granddaughter had not got up yet. In less than two months, my granddaughter will celebrate her fifth birthday.

　　At three o’clock in the afternoon, the old Qin couple in Qionglai received a phone call from a friend: "Qin Huan’s family has an accident, come back quickly!" Put the phone down, old Qin ran towards Guangyuan. When I went to the hospital in sandui town, my son Qin Huan was already in the hospital, feeling very excited and having an intravenous drip. Probably because of swimming for too long, his leg hurts, and the nurse keeps massaging him. He heard that his daughter-in-law, Pang Chunxi, and his granddaughter were not up yet, and they were being rescued at the scene, and they hurried to the dock, but the traffic control was already on the road, so he had to come back angrily.

　　In the hospital, they knew that only Yang Dong, Qin Huan and Wang Mingxing swam ashore alive, and the others were missing.

　　The rescue continues, and Lao Hu and Yang, like others, have to wait.

　　Video screenshot

　　Recently, a video of two men lighting cigarettes with a denomination of "RMB" of 100 yuan spread on the Internet, which triggered a heated discussion among netizens.　

　　On July 22, Chen Mou, a man who lit a cigarette in the video, told The Paper that the "RMB" he lit was fake money. At first, he only posted the video on WeChat group, but it was threatened after it was uploaded to the network by a willing heart. The man said that he had been reported to the police and has been criticized and educated by the school.　

　　On the 22nd, the police on duty at Xingang Road Police Station in Guangzhou told The Paper that the man reported the police more than a month ago and needed to contact the police on duty that day.

　　At present, the school where the man is located has no response to this matter.　　

　　According to a 14-second video posted online, a young man with glasses lit a cigarette in his mouth with a 100-yuan bill, and then the man handed the burning bill to another man wearing a hat next to him to light it. At the end of the picture, the man with glasses is smoking and smiling at the camera.　

　　Some netizens pointed out that the man who first lit the RMB in the video was an anchor named "Abstract with Basket" in bilibili. The Paper search found that the anchor had accounts in Sina, Weibo and Tik Tok at the same time, and initially became popular on the Internet as a security guard.　

　　On July 22nd, Chen Mou told The Paper that the online video was true, and it was recorded in 2017. The 100 yuan used to light a cigarette in the video was fake money, saying that "it was fun at that time, so it was like this".　　　

　　Chen Mou said that as a student, he usually works as a security guard during the winter and summer vacations. When recording the video, I was a freshman at school. After the video was uploaded to the Internet, I didn’t expect to be threatened by netizens. He said that the behavior of netizens had a certain impact on his personal life, so he reported the case at the Xingang Road Police Station in Guangzhou on June 5, 2019.　

　　Chen Mou introduced that he is a native of Shanxi and studied in Guangzhou. The school asked him to delete his video for his own protection. After the incident, he has been criticized and educated by the school.　

　　The Paper called the school, but the deadline for publication didn’t get a response.　

　　On July 22nd, lawyer Zhang Xinnian, the vice chairman of Beijing Social Organization Legal Mediation Center, told The Paper that according to Articles 27 and 43 of the Regulations on the Administration of RMB, the public security organ should give a warning and impose a fine of less than 10,000 yuan for the intentional destruction of RMB. However, lawyer Zhang Xinnian pointed out that the scope of application of this provision is limited to the currency issued by the People’s Bank of China according to law (that is, real currency). If the man’s burning in the video is indeed "counterfeit money", it is not included in this restriction.

　　Zhang Xinnian said that if the burnt RMB is real money or the RMB is counterfeit money, but the man involved conceals the truth and falsely claims that it is real money, the behavior of the man involved in posting the video on the Internet to "show off" and make it widely spread can be regarded as a contempt and provocation against the "RMB" or a suspected violation of public security. If it is investigated by the relevant departments, it can be given a warning, a fine or administrative detention according to the provisions of the Law on Public Security Administration Punishment. On the other hand, if the man involved has informed that it is counterfeit money before lighting the cigarette, it is still controversial whether the act of releasing the video of "counterfeit money lighting the cigarette" is suspected of violating the law and order.

　　In addition, due to the limitations of the video content, it is still impossible to judge whether the smoking man is in a "no-smoking area". If the man involved smokes in a "no-smoking area" where smoking is restricted by the local government, he should be punished according to the relevant tobacco control regulations of the local government.

　　At present, the car companies that mainly rely on the profits of joint ventures are not the "Li Mubai" we are looking for, because in the medium and long term, the weak independent business sector will put enterprises at a disadvantage in the long term, and the helm needs to actively adjust the business direction. Are the remaining Great Wall Motor and Geely Automobile what we are looking for?

　　From the above table, we can see that Geely and Great Wall Motor have performed well in all indicators, and they are also the head enterprises in the China brand passenger car camp. But in contrast, Geely Automobile’s performance is even better, because in the case of little difference in operating income and gross profit margin, Geely Automobile’s non-net profit deduction is almost twice that of Great Wall Motor.

　　In addition, due to the downturn of the automobile market and the epidemic situation, Great Wall Motor lowered its sales target in 2020 from 1.11 million to 1.02 million, while Geely Automobile announced at the 2019 performance conference that it would stick to the sales target of 1.41 million vehicles in 2020 (including Geely, Lectra and Geometry).

　　In terms of R&D investment intensity, Great Wall Motor increased its R&D expenses by 55.82% to 2.72 billion yuan in 2019 when its revenue, gross profit and net profit all declined. The total R&D investment of Geely Automobile is 5.45 billion yuan, accounting for 5.6% of the revenue, which is higher than Geely’s average R&D investment of 5.4% in recent five years. However, Geely Automobile said that the R&D expenses will be appropriately reduced to about 4.5 billion yuan in 2020, which is consistent with its goal of trying to keep cash.

■Don’t just focus on making money and speeding up, the tank is out of gas or finished.

　　Dell, a world-renowned enterprise, once reflected when faced with serious losses in the first fiscal quarter of 1993, "Like many companies, we have always focused on the figures in the income statement, but rarely discussed the issue of cash flow. It’s like driving a car, just watching the dashboard accelerate, but not noticing that there is no oil in the tank. " Therefore, after analyzing the net profit of each car company, let’s take a look at their "fuel tank", that is, cash flow.

　　In the first chapter, we found out Geely and Great Wall Motor, which have a good profit performance in their main business, through analysis. How did they perform in the investigation of cash flow? Is it in line with our expectation of "Li Mubai, a car company"? Geely Automobile said in the financial report that the company’s bank balance cash increased by 23% to 19.281 billion yuan at the end of the reporting period, of which 12.538 billion yuan came from operating cash inflow and 500 million US dollars (about 3.25 billion yuan) was obtained from new financing channels.

　　At present, Great Wall Motor mainly meets its daily business needs with its own cash and bank loans. As of December 31, 2019, the short-term loan of Great Wall Motor was 1.18 billion yuan, and the long-term loan was 4.35 billion yuan. The above loans were mainly used for overseas and factory construction. It can be seen that the above bank loans cannot be counted as cash flow.

　　However, we can see from the balance sheet that as of December 31, 2019, Great Wall Motor had 9.723 billion yuan of monetary funds (which can be converted into cash), an increase of 2.040 billion yuan over the previous year. However, the fact that money and cash increase cannot alleviate the pressure of Great Wall Motor, because its accounts payable within one year are as high as 25.33 billion yuan.

　　As far as 2020 is concerned, the cash flow of car companies will generally face challenges, because before, car companies could guarantee their own cash flow by crediting the supply chain and using the funds to the retailers before starting, but this year, upstream parts suppliers may require car companies to pay some cash in advance, and some downstream car dealers may find it difficult to pay the money first before taking the car. Affected by the epidemic situation and the downturn of the automobile market, car companies with little cash in hand may need to ease their pressure by opening up financing channels, otherwise they will be in business difficulties.

　　From the comparison of non-net profit and cash flow, we can see that Geely Automobile has the best performance, followed by Great Wall Motor. If there is only one "automobile enterprise Li Mubai", from the horizontal comparison of the above-mentioned enterprises, Geely Automobile can afford this title. Moreover, by comparing the total asset turnover rate and inventory turnover rate between car companies, Geely Automobile has relatively strong asset management and operation capabilities. (Note: The higher the total assets turnover rate and inventory turnover rate, the better. )

　　Summarize the full text:Through financial indicators, people call the enterprises whose net profit and net cash inflow from operating activities increase, cash from investment activities increases substantially, and long-term liabilities increase without cash capital increase (they are confident that the return on investment is higher than the interest on loans) as confident growth enterprises, which is the "Li Mubai" that can help investors achieve wealth growth.

　　Among the above-mentioned enterprises, the financial reports of Geely Automobile and Great Wall Motor all show certain vitality. For example, in 2019, in addition to making profits from their main businesses and obtaining cash flow, both of them maintained R&D investment and overseas market expansion under the pressure of sales volume and funds. However, whether Geely Automobile can stand out from many China automobile companies depends on the next financial reports of SAIC, Changan Automobile and BYD. The "financial resources" competition of China car companies and who can be better will be fully presented in the next financial report of China car companies. (Text/car home Song Aiju)

Last Friday, several trading days, many track stocks experienced adjustments, and the A-share market showed a volatile trend. During the week, the Shanghai Stock Exchange Index, Shenzhen Stock Exchange Index and Growth Enterprise Market Index rose by 0.43%, 0.86% and 0.68% respectively, while the Kechuang 50 Index fell by 3.69%. The turnover of Shanghai and Shenzhen Stock Exchanges exceeded 1.1 trillion yuan for five consecutive days.

What major events have affected the opening of A shares this weekend? What are the latest judgments of analysts?

Ten events affecting A shares over the weekend

1, 150 billion! A new wave of lifting the ban is coming.

Wind data shows that this week (July 19-July 25), 91 companies will lift the ban on restricted shares in the A-share market, with a total of 5.905 billion shares in initial circulation, an increase of 98.54% over the previous week, and the total market value of the lifted shares will reach 154.9 billion yuan, an increase of 30.45% over the previous week. Among them, the market value of science and technology innovation board stocks was 113 billion yuan, accounting for 74% of the total market value of the two cities.

Judging from the market value of lifting the ban, Chianxin -U is temporarily the largest. According to the current stock price, the market value of lifting the ban has reached 43.768 billion yuan.

In addition to Chianxin -U, the CAMBRIAN -U, known as the "first AI chip", has a large market value of lifting the ban, with a reference market value of 25 billion yuan.

In addition, the market value of "the first power battery in science and technology innovation board", such as Funeng Technology, Changfei Optical Fiber, Western Securities, Beijing Express and Xinpengwei, is also in the forefront.

2. Yi Huiman: Resolutely prevent disorderly capital expansion and "making wealth" in violation of laws and regulations.

On 16th, Yi Huiman, Secretary of the Party Committee and Chairman of the CSRC, gave a special party class to party member and cadres of the whole system. Yi Huiman pointed out that we should unswervingly follow the road of developing China’s characteristic capital market. Insist on combining the general laws of market development with the national conditions and market conditions, especially in the process of steadily promoting the reform of the whole market registration system, strengthen the scientific grasp of key issues such as information disclosure supervision, IPO normalization, intermediary agencies’ due diligence and integrity risk prevention and control, and better reflect the characteristics of China and its development stage. Accelerate the improvement of the judicial system and mechanism of securities law enforcement, orderly promote the normalization of litigation of special representatives of securities disputes, and continuously improve the three-dimensional organic insurance system. We should close the entrance to the capital market, strengthen supervision and cooperation with relevant parties, and resolutely prevent disorderly expansion of capital and "making wealth" in violation of laws and regulations.

3. The handling fee for fund transactions will be lowered.

According to the announcements issued by the Shanghai Stock Exchange and the Shenzhen Stock Exchange, since July 19, 2021, the fee for handling fund transactions in the Shanghai Stock Exchange has been reduced from 0.0045% of the transaction amount to 0.004%. The related fees of Shenzhen Stock Exchange Fund will be charged bilaterally at 0.00487% of the transaction amount, and will be lowered to 0.004%.

In addition to the downward adjustment of the handling fee standard for fund transactions, the handling fee standard for fund bulk transactions in Shanghai Stock Exchange will be lowered synchronously according to the adjusted standard rate, and the downward fluctuation range will remain unchanged, that is, 50% of the handling fee standard for bidding transactions will be charged to both buyers and sellers. Marketing unit’s usage fee is reduced from 50,000 yuan per year in marketing unit to 45,000 yuan per year in marketing unit. The Shenzhen Stock Exchange will charge the handling fee for fund block transactions at 50% of the adjusted standard rate.

450 billion yuan reverse repurchase will expire.

Wind data shows that 50 billion yuan of reverse repurchase will expire in the central bank’s open market next week, of which 10 billion yuan will expire from Monday to Friday, and no repurchase and central bank bills will expire.

On July 15, this year, the first comprehensive RRR cut was implemented, and the long-term funds released by the RRR cut were about 1 trillion yuan. At the same time, the central bank also launched a 100 billion yuan medium-term loan facility (MLF) operation and a 10 billion yuan reverse repurchase operation.

5. Next week, 15 new shares will be issued in Shanghai and Shenzhen stock markets.

The data shows that 15 new shares will be issued next week (July 19th to July 23rd). On July 19th, Huayi Technology, Tonghui Information, Baolijia, Shuangle and Runfeng were issued. On July 20th, Tianmicroelectronics, Zhengyuan Dixin and Shenshui Institute were released. On July 21, it was issued by Kindick; On July 22, Longban Media, Guo Bang Medicine, Central Hailu, Baijiete and Zhongqi New Materials were released. On July 23rd, Fudan Microelectronics was released. The cumulative number of these 15 new shares issued is about 745 million shares, and the total amount of funds raised is expected to be 12.184 billion yuan. In addition, next week, two new shares will be listed for the first time, and on July 19, it will be listed as a reader culture; On July 20th, Huayang Variable Speed was listed.

6. China Telecom plans to raise 54.4 billion yuan on the main board of Shanghai Stock Exchange at the IPO of 13 companies next week.

Next week (July 19-23), the Municipal Committee of GEM will make persistent efforts and continue to arrange the deliberation of five companies. Among them, on July 22nd, the Shanghai Municipal Committee of GEM will hold the 41st Shanghai Municipal Committee in 2021 to review Dezhou United Petroleum Technology Co., Ltd. and China Automotive Research Institute Co., Ltd.; On July 23, three other companies appeared: Jiangsu Xinshiyun Technology Co., Ltd., Guoke Hengtai (Beijing) Medical Technology Co., Ltd. and Shandong Xinjufeng Technology Packaging Co., Ltd.

There will be a lot of excitement in science and technology innovation board next week. On July 20, there will be Yuncong Technology Group Co., Ltd. and Shanghai Haihe Drug Research and Development Co., Ltd.; On July 22nd, there was Saikh Intelligent Equipment (Shanghai) Co., Ltd.; On July 23rd, there was Yingshi Innovation Technology Co., Ltd..

Next week, the 18th audit committee of CSRC also arranged the meeting of four companies: Beijing Caishikou Department Store Co., Ltd., Lihua Yiwei Chemical Co., Ltd., Laopu Gold Co., Ltd. and China Telecom Co., Ltd. (hereinafter referred to as China Telecom).

7. Fifty new funds will be launched next week, and the first Public Offering of Fund named after "carbon neutrality" will come.

Wind data shows that 50 new funds will be issued next week, which is a great improvement compared with 32 this week. Specifically, among the 50 new funds to be launched, there are 19 active equity funds, namely, 18 partial stock mixed funds and 1 balanced mixed fund. In addition, it also includes 16 bond funds and 14 ETF funds. It is worth mentioning that the first Public Offering of Fund named "carbon neutral" in the market will also be put on sale next week.

8. The National Development and Reform Commission will hold a press conference in July on the 19th.

The National Development and Reform Commission is scheduled to hold a press conference in July at 10:00 a.m. on Monday, July 19th to introduce the macroeconomic operation and other relevant information.

9, the new version of the "Regulations on the Prohibition of Securities Markets" will be implemented.

From July 19, the new version of the "Regulations on the Prohibition of Securities Markets" will be implemented. The main revision contents of the new version of the regulations include three aspects. First, further clarify the types of market bans; Second, further clarify the applicable rules of trading ban; The third is to further clarify the objects and applicable situations that are prohibited from entering the market.

10. The new LPR quotation will be announced.

On July 20th, the central bank will announce the new LPR quotation. Previously, the one-year LPR was 3.85%, and the LPR over five years was 4.65%, which has remained unchanged for 14 consecutive months. Some analysts said that the just-implemented RRR cut, by injecting stable funds into financial institutions and promoting the decline of comprehensive costs, is expected to drive the adjustment of LPR, but the time lag of MLF interest rate and price transmission may restrict its downside. Therefore, we need to pay attention to this month’s LPR quotation, and its changes will affect the subsequent adjustment of monetary policy and the trend of medium and long-term interest rates.

10. On July 20th, Lenovo Group will hold a general meeting of shareholders, and Mu Yuan and Air China of China will hold an extraordinary general meeting of shareholders; On July 22nd, Great Wall Motor, Dongfeng Motor and Yonghui Supermarket held a special shareholders’ meeting; On July 23rd, Bank of Beijing held an extraordinary general meeting of shareholders.

The six major securities firms look at the market: the upward trend will not change as the fluctuation increases, and the index is in the stage of gaining momentum.

Many brokers believe that the market is still in the transition stage from the quiet period to the resonance upward period, the traditional value sector leader whose fundamentals are expected to improve will be repaired in stages, and the high-prosperity growth sector has entered the rotation stage from the group stage. It can be laid out around the main line of high prosperity, and it is optimistic about sectors such as military industry, new energy, information technology and medical equipment, and there are also opportunities for cyclical sectors such as big finance, chemicals and non-ferrous metals.

The strategy team of CITIC Securities believes that with the convergence of the extreme style differentiation of the market, the traditional value sector leader whose fundamentals are expected to improve will be repaired in stages.

Guotai Junan Securities Strategy Team pointed out that the increase in volatility does not change the upward trend, and the index is in the stage of gaining momentum. In the context of relatively loose policies and risk-free interest rate downtrend, mid-cap blue chips will continue to benefit.

Haitong securities strategy team believes that the current market style is still biased towards the growth of the broader market. From the relative trend of style index and valuation, the evolution of growth style has not yet reached the extreme; The relative trend of profit determines that the current market style will continue.

According to the strategy team of GF Securities, the microstructure of A shares has some adjustment pressure. Since March, some white horse blue-chip stocks have fallen, which stems from the uncertainty of performance after being given an excessive "deterministic valuation premium", and will gradually enter the process of bottoming out in the near future.

Looking forward to the market outlook, CICC’s strategic team believes that the cyclical sector may be difficult to produce a consistent and trending return in the second half of the year; With the overall valuation rising and the market’s interpretation of future expectations deepening, the growth style plate may be further divided. Once the logic of high prosperity and high certainty is recognized or verified, such targets may be recognized by market funds and there will be a valuation premium. In addition, as the market interest rate goes down, some high-interest and stable assets will also be concerned.

For the cyclical sector, the strategy team of open source securities pointed out that the basic logic of the revaluation of cyclical stocks has been made clear, and the long-term constraints of supply have made the stability of their profits explicit, and some sectors and stocks have regained their growth because of the new demand in energy transformation. Considering the high prosperity of the current cycle plate, pricing correction is on the way.

Comprehensive from Finance Association, Securities Times, etc.

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