月度归档： 2024 年 8 月

　　Xinhua News Agency, Beijing, August 9 (Reporter Xu Rui) The research team of the Public Law Research Center of Tsinghua University Law School released the "White Paper on the Development of the Driving Industry" (hereinafter referred to as the "White Paper") on the 8th. The "White Paper" shows that since 2016, the demand for driving services and market scale have grown rapidly. Last year, the total order of the national driving industry has exceeded 253 million orders, and the total output value has reached 15.40 billion yuan.

　　According to the White Paper, drunk driving is still the largest usage scenario for users, accounting for 97.8%, followed by work fatigue, business transportation, and family transportation. While the concept of "driving without drinking, drinking without driving" has been deeply rooted in the hearts of the people, the value of the driving industry has also been fully reflected. It is estimated that the driving industry reduced the number of traffic accidents caused by drunk driving 3.50 million last year, exempting 830,000 from criminal law sanctions, and reducing property losses by 46.20 billion yuan.

　　The white paper also shows that chauffeur driving has become an emerging professional position, becoming the main source of income for many families. According to the data, the average monthly income of full-time chauffeur drivers in the country is 6,957 yuan, and the income of full-time chauffeur drivers in cities such as Beijing, Shanghai, Guangzhou, Shenzhen and Hangzhou is more than 10,000 yuan.

　　In recent years, local traffic police departments have been actively exploring new methods to manage drunk driving, and "Internet + driving" has become an important breakthrough point. Represented by platforms such as Didi Driving, the driving industry has formed a new economic format, and has become an effective means to manage drunk driving and reduce traffic safety accidents. Didi Chuxing relies on massive data and intelligent transportation cloud computing platform to mine and apply big data in the field of driving to provide technical support for governing drunk driving and managing urban road traffic.

　　In March this year, Didi cooperated with Shenzhen traffic police to launch a new "smart transportation + drunk driving governance" method, using Internet big data, high-tech algorithms, and "Internet +" methods such as real-time heat maps to try new effective governance measures in drunk driving intervention and drunk driving law enforcement.

　　Last month, Didi’s "Diyu · Xingcheng" heat map has been used by traffic police in 12 cities across the country, including Nanjing, Wuhan, Qingdao, Guangzhou, etc., in daily work to control drunk driving.

　　"With the Xingcheng system, we combine the traffic flow and past law enforcement experience of the traffic police to more accurately control the trend of drunk driving in the city, optimize the location of the investigation and punishment of drunk driving and the time of the police, and accurately crack down on drunk driving, saving a lot of police and material resources." Jinan traffic police official said.

　　Cheng Wei, founder, chairperson and CEO of Didi Chuxing, introduced that since its establishment in July 2015, Didi Driving and the traffic police departments of 51 cities have carried out anti-drunk driving related activities, more than 118 times, including road Security Training, drunk driving activities, public welfare activities, anti-drunk driving alliance, etc., and actively promote the "anti-drunk driving" concept.

Reporter, Li Huilin, Editor, Tan Lu

Wang Jianlin’s good days were just a few days away, and he had reached a critical juncture again.

Recently, it has been reported that Wanda Group is discussing with major domestic banks the renewal plan of domestic loans to extend the repayment time of the principal of domestic loans.

This move could be seen as a restructuring of its domestic debt.

The IPO of Zhuhai Wanda Commercial Management has been postponed again, and Wang Jianlin’s move has been interpreted as saying that Wanda Group’s funds have been stretched thin.

The market has long been moved by the wind.

Since April, Wanda’s bonds have fallen across the board, and the two US dollar bonds issued at the beginning of the year have hit a record low since their issuance.

In the past two years, the real estate industry has been in a huge shock. Wang Jianlin, who has shed heavy assets and embarked on the road of light assets, has been fortunate to avoid this round of crisis, and even played the role of "white warrior" to rescue his peers.　

However, the listing financing has been fruitless, and Wang Jianlin has been involved in the debt crisis again.

Debt hits

For the IPO of Zhuhai Wanda Commercial Management, Wang Jianlin was originally full of confidence.

Previously, it was agreed with overseas banks to complete the listing before May 8 this year, otherwise Wanda Group would have to repay three offshore loans of $1.30 billion in advance.

At the beginning of this year, the management of Wanda Commercial Management vowed that it would go public in the second quarter. Unexpectedly, there is still no timetable. Since the initial IPO application in 2021, Wanda Commercial Management has submitted its forms three times.

The road to listing was more bumpy than Wang Jianlin had expected.

At an internal meeting half a month ago, he admitted that Wanda Group had encountered periodic difficulties due to the delay in commercial listing.

The difficulties center on the debt pressure, starting with the looming maturity of the two betting agreements.

The aforementioned three offshore loans of $1.30 billion have triggered repayment treaties.

After negotiation, one-third of the participating lenders agreed to waive this clause, and the agreed listing date was postponed to November 30, 2023, pushing the pressure to six months later.

The greater pressure lies with institutional investors.

In 2021, Zhuhai Wanda Commercial Management completed a pre-IPO round of financing of 38 billion yuan, including Zhuhai SASAC, Zheng Yutong family, Country Garden, CITIC Capital, Ant and other consortiums.

If the IPO cannot be completed by the end of 2023, the strategic investor has the right to exercise the right to sell back and request its parent company, Dalian Wanda Commercial Management, to repurchase capital.

The latest bond report shows that by the end of 2022, Dalian Wanda’s short-term borrowings increased by 9 times to 5.046 billion yuan, and non-current liabilities due within one year rose sharply to 68.768 billion yuan, an increase of 3 times year-on-year.

There was a huge amount of potential repurchase money before, and then there was a peak in debt repayment.

According to the data of the Enterprise Early Warning Platform, only Dalian Wanda Commercial Management is the main body, with a total of 6 bonds maturing within one year, the balance is 4.923 billion yuan, and there is a 400 million dollar bond overseas, which will mature in July.

Raise money everywhere

The repayment date is approaching, and Wang Jianlin said that Wanda will not go bankrupt.

He went to various places to discuss cooperation and increase the chips of Zhuhai Wanda Commercial Management’s listing; while "looking for money" everywhere to fill the debt hole.　

Since the beginning of this year, Wang Jianlin has a busy itinerary. From mid-February to mid-March, he traveled to Jilin, Henan, Guizhou and Liaoning provinces within a month to negotiate cultural tourism projects.

(Source: Visual China)

During his business trip, Wang Jianlin met with senior management of banking institutions on several occasions.

In February, he signed cooperation agreements with Harbin Bank and Zhongyuan Bank, and in mid-March he met with the acting chairperson of Shengjing Bank.

Previously, Wang Jianlin has started to prepare domestic and foreign debt financing. In January-February, Dalian Wanda Commercial Management issued two overseas bonds totaling 700 million US dollars; in March, it announced that it plans to issue 2 billion yuan of interbank bonds.

Overall, Dalian Wanda Commercial Management’s external financing capacity is weakening. In the past two years, its financing cash flow has been in a net outflow state, with a net outflow of 30.036 billion yuan in 2022 alone.

The two foreign bonds issued at the beginning of this year have a coupon rate of up to 11%, indicating that financing has become more difficult.

Two months ago, Dalian Wanda Commercial Management also submitted to the Shanghai Stock Exchange to register a 6 billion-sized corporate bond, which was questioned by the China Securities Regulatory Commission and asked to explain the reasons for the continued large-scale negative cash flow of financing activities and evaluate the impact on the bond repayment.

At present, Wanda Commercial Management has not replied yet.

Due to the difficulty of financing, Wang Jianlin turned to pledging and reducing his holdings in listed companies to obtain loans and cash.

In January, Wang Jianlin pledged his 65.04% stake in Wanda Hotels to Temasek Holdings for a loan.

In March, Wang Jianlin has two times to reduce Wanda Film shares, to reduce the closing price of the day, a total of about 1.50 billion yuan.

On April 25, China Resources called it a "rumour" after market news that Wanda’s property division would be acquired by China Resources Land.

Due to concerns about Wanda’s commercial liquidity, in May, Moody’s downgraded the family rating of Wanda Commercial Management Company to "Ba2" and placed it on the downgrade watch list.

This means that Wang Jianlin’s subsequent overseas financing will become more difficult.

False prosperity?

Despite being mired in debt distress, Wang Jianlin’s business portfolio has not been subject to major fluctuations, and Dalian Wanda Commercial Management, as a core asset, has maintained stable performance.

The bond report shows that Dalian Wanda’s commercial management revenue in 2022 was 49.188 billion yuan, an increase of 4.86% year-on-year, mainly due to the growth of the scale of the mall.

By the end of last year, its Wanda Plaza had opened 55 new buildings, with a total of 473 projects and a commercial area of 65.56 million square meters under management.

The revenue pillar of Dalian Wanda Commercial Management, mainly investment property leasing and management, is about 45.10 billion yuan in 2022, contributing 90% of total revenue.

Zhuhai Wanda Commercial Management is an asset-light part spun off from Dalian Wanda Commercial Management. It is also the main listing body that Wang Jianlin is promoting. It is mainly responsible for the operation of Wanda Plaza, earning rental income and merchant operating income. Its cash flow is more stable than development.

As of the end of 2022, Zhuhai Wanda’s total assets 22.886 billion yuan, accounting for a small volume, but accounting for half of the income.

In 2022, its business operations revenue and profit were 27.12 billion yuan and 12.984 billion yuan respectively.

Under the asset-light strategy, the number of Wanda shopping malls is still increasing. As of the end of last year, there were 187 Wanda plazas under construction, with a commercial area of 21.95 million square meters.

Wanda Plaza’s ability to attract investment was once a source of confidence for Wang Jianlin to go public. By the end of 2022, the rental rate of its shops was 98.7%, and the rent collection rate was 100%.

However, whether these dazzling data are false prosperity requires a question mark.

In March, a Wanda employee pointed out that the authenticity of Wanda Commercial Management’s merchant performance, rental rate, passenger flow and other data is questionable. It is said that Wanda implements strict assessment indicators, requiring tenants to seize and attract investment rates to achieve 100%. In the period when the physical business is hit by the epidemic, this is an almost impossible task, and front-line employees can only "fake".

"Although the merchants don’t owe Wanda Group, they owe a lot to the general manager and deputy general manager of the project."

A Wanda employee told 21CBR that in order to meet the rent collection rate targets, some managers sometimes advance the rent for merchants, and then let the merchants pay it back slowly.

An industry insider also pointed out to reporters that it is almost impossible for every shopping mall to achieve a 100% investment rate, especially in some non-central urban business districts, where investment is much more difficult than before.

The reporter’s on-site visit also saw that the rental situation of some Wanda plazas is not ideal, such as Guangzhou Baiyun, Panyu Wanda plaza, many indoor shops are vacant, weekend lunch time, in addition to the dining area, the traffic counting in the mall is not large.

For the authenticity of the financial data, Wanda has not yet replied.

IPG China Chief Economist Bai Wenxi pointed out that companies that usually plan to list in Hong Kong stocks need only 3-6 months from obtaining the acceptance letter from the Securities Supervision Commission to obtaining the approval approval. Previously, there has been no listing cycle for more than half a year due to approval reasons. Zhuhai Wanda Commercial Management has set a record for the slowest overseas listing of private enterprises.

He believes that the possibility of Wanda Commercial Management rushing back to class A shares listing in the future is not ruled out.

It is said that Zhuhai Wanda Commercial Management is still advancing the IPO matter. In accordance with the new regulations of the Securities Supervision Commission, the documents will be updated again in the future. According to the gambling agreement, Wang Jianlin has less than seven months.

On May 19, China Mobile and Baidu held a press conference on the "5G + Beidou + V2X" intelligent transportation joint innovation plan in Beijing, launching the country’s largest 5G + Beidou high-precision positioning lane-level navigation application, which is the first time in the industry to upgrade the mobile phone lane-level navigation technology architecture for the country and the largest user scale. Chen Guancang, deputy director of China Satellite Navigation System Management Office, Zhao Dachun, deputy general manager of China Mobile, and Li Zhenyu, senior vice president of Baidu Group, attended the press conference.

Based on the cooperation between the two parties, China Mobile’s Beidou high-precision positioning capability fully supports Baidu Maps’ online lane-level navigation function, restores the lane where the vehicle is in the normal driving process through high-precision positioning, and accurately provides navigation information such as turning and lane changing. At present, this function has covered high-speed expressways and some urban roads across the country. In the future, it will be applied to all mainstream mobile phones, supporting millions of ultra-high concurrency, tens of millions of massive access, 100 million user services, and 100 billion location service calls.

Up to now, China Mobile has built the world’s largest 5G network and Beidou high-precision positioning network, deployed over 1.55 million 5G base stations, served nearly 700 million 5G package users, and achieved continuous coverage of urban areas, counties and townships across the country; 4400 Beidou ground-based enhancement stations can provide high-precision positioning of OurHours global vehicles with complex scenarios such as tunnels. After more than 300 cities in 31 provinces across the country over 1.70 million kilometers of actual measurement and verification, centimeter-level positioning accuracy standards can be achieved, reaching the industry’s leading level.

As a leader in the field of new energy vehicles in China, has been committed to providing users with more environmentally friendly, intelligent and efficient modes of travel. Recently, BYD has once again made great efforts to launch the high-profile glory version of Tang EV. This model has become a bright star in the electric travel market with its excellent performance, rich configuration and affordable price.

First of all, from the appearance, BYD Tang EV Glory Edition continues the family-style design style, which is elegant and elegant. The body lines are smooth and dynamic, and both the headlights at the front and the penetrating taillights at the rear show a strong sense of science and technology. In terms of body size, Tang EV Glory Edition has enough space, which can be easily handled whether it is family travel or business reception.

In terms of interiors, Tang EV Glory Edition also lived up to expectations. High-quality materials are used in the car, which is comfortable to touch and the details are handled in place. The center console is equipped with the latest version of DiLink 100 intelligent cockpit system, which not only has powerful entertainment functions, but also supports many practical functions such as voice control and intelligent navigation. In addition, the new car is also equipped with 10-point seat massage, intelligent fragrance system, touch-sensitive LED reading lights and other luxury configurations to make the driving experience more comfortable.

In terms of performance, BYD Tang EV Glory Edition also performed well. It is equipped with AC permanent magnet synchronous motor. The single-motor version has excellent power performance, while the dual-motor version has reached an astonishing 517 horsepower, with a peak torque of 700 Nm, and the acceleration of 100 kilometers takes only 4.4 seconds. This kind of performance is enough to make it stand out in the same class. Of course, as an electric vehicle, endurance is also the focus of consumers’ attention. BYD Tang EV Glory Edition is equipped with 90.3kWh and 108.8kWh battery packs according to different configurations, with corresponding cruising ranges of 600 km, 730 km and 635 km respectively. This endurance performance is enough to meet the needs of daily travel and make electric travel easier and more convenient.

In addition, BYD Tang EV Glory Edition is also equipped with Yunqi -C intelligent damping body control system, which can automatically adjust the suspension damping according to the driving state of the vehicle to improve handling stability and ride comfort. When the vehicle passes through the bumpy road, the system will adopt the comfort control strategy of high frequency and small damping to make the chassis "soft" and improve the driving comfort; However, when the vehicle is cornering, accelerating and braking rapidly, the system will adopt a low-frequency and large-damping handling control strategy to make the chassis "hard", provide greater support, restrain the body roll and pitch, and ensure the handling stability of the vehicle.

Generally speaking, BYD Tang EV Glory Edition is an excellent electric vehicle with performance, configuration and endurance. It not only has excellent power performance and endurance, but also is equipped with rich intelligent configuration and comfortable driving experience. For those consumers who pursue high-quality electric travel, BYD Tang EV Glory Edition is undoubtedly a worthy choice.

Text/Ruonan

Since its establishment, Avita has been committed to building a national high-end smart electric vehicle brand, and based on CHN, a leading new generation of smart electric vehicle technology platform jointly created by Changan Automobile, Huawei, and Ningde Times, it has successively launched "emotional intelligent electric SUV" Avita 11 and "future smart luxury car" Avita 12, leading the new trend of the smart driving industry.

A few days ago, Changan Automobile and Huawei signed the Memorandum of Understanding on Investment Cooperation in Shenzhen. According to the memorandum, Huawei plans to integrate the core technologies and resources of the smart car solution business into the new company. Changan Automobile and related parties will intend to invest in the company and jointly support the company’s future development with Huawei. This time, Changan Automobile and Huawei have launched in-depth coordination and strategic cooperation, which may further empower the smart driving brand Avita to create a more intelligent and worry-free travel experience for the majority of users.

Regarding the cooperation between the two parties, Zhu Huarong, chairperson and party secretary of Changan Automobile, said: "Changan Automobile and Huawei will give full play to their respective advantages and resources, and join hands with strategic partner car companies to deepen coordination and strategic cooperation, which will accelerate the large-scale commercialization of intelligent technology, so that global users can enjoy first-class intelligent experience, and promote Chinese auto brands to become world-class." As a high-end intelligent brand under Changan, Avita is a good practice of cooperation between Changan and Huawei and Ningde Times CHN. After this in-depth cooperation with Huawei, it is reasonable to give priority to its core technology to empower.

Avita 11 is fully equipped with HI Huawei’s full-stack smart car solution, with high-end smart driving strength covering all scenarios, and better understanding your emotional intelligence. The birth of Avita 11 shows Avita’s determination to attack high-end, and with cutting-edge smart driving strength and reliable mechanical quality, it has become the world’s first car brand to reach Mount Everest with smart driving. According to Avita’s official instructions, the smart driving function of Avita 11 has been fully trusted and used by users. The accumulated mileage of smart driving has exceeded 29 million kilometers, and the smart parking call has exceeded 3.20 million times.

As the second flagship model of Avita, Avita 12 has a top-level design, Huawei family bucket (smart driving and Hongmeng cockpit), which can be called the most 300,000-level configuration. Specifically, Avita 12 brings users smoother and more convenient human-vehicle interaction through the HarmonyOS4.0 Hongmeng cockpit. In addition, under Huawei’s high-end intelligent driving system ADS2.0 empowered, users can experience its smart driving function in various scenarios, making daily travel more comfortable. At present, Avita 12 is on the market and is selling well, with orders exceeding 20,000 units in November.

At a time when the trend of intelligent vehicles is intensifying, Avita will usher in greater development with its strong technological strength.

As we all know, in 2014 and 2015, Xiaomi TV was still very popular among rice fans, and it was also one of the first choices among many consumers who wanted to change TVs at that time. Of course, it is not what it used to be. Now major manufacturers also make TVs, such as OPPO, Huawei Honor, TCL, etc., so there are more choices now, but six years ago, Xiaomi TV was definitely the first choice for many consumers, especially rice fans. I bought it when Xiaomi TV 2S launched the collector’s edition, because at that time, the first edition gave Xiaomi TV soundbars and subwoofers, which was still a great value.

At that time, after buying the Xiaomi TV 2S, it could be said to be very smooth, but the TV was probably similar to an Android phone. After five or six years, the TV was slightly stuck but still easy to use. Until a few days before the Spring Festival in 2022, the TV suddenly became incomparably odd. Switching the screen left and right by pressing the remote control was one card and one card. If you press too much, it will run around, which is always very laggy. And there is a big problem. I used to set the HDMI1 signal for the elderly to automatically enter after booting (it is the Tianyi box sent by Telecom Broadband to watch TV for free), but now it doesn’t work. After booting, I can’t directly enter HDMI1, and among the signal sources, the default check is selected on a signal source called "Cable TV".

This "cable TV" is not another "cable TV". The CCTV and satellite TV in the TV box of my home telecom are all free, and the elderly can change the channel at will, but the "cable TV" on the main page of Xiaomi is not like that. According to the content comments posted by Weitoutiao, some netizens say yes, and some netizens say no, so this service is completely based on the region. At present, some Hebei, Henan, Hubei, Gansu and other places basically have it. What is the biggest problem? This "cable TV" is not free, and it will make the TV special.

Not to mention that the elderly will be induced to click on this cable TV, I clicked on it the first time I saw it, but after clicking on it, CCTV1 will actually prompt that you can only watch it for free for 2 minutes, and other CCTV satellite TV without the "trial" icon will simply not be able to watch it at all, not even for 2 minutes. Isn’t this a fool? Watching the Spring Festival Gala can only be watched for 2 minutes? I was stunned, and I still wondered why the box sent by Telecom was charged? That’s not what I said at the beginning, but when I took a closer look, it wasn’t a Telecom TV box at all, it was Xiaomi’s built-in cable TV service.

Originally, I watched a CCTV satellite TV for free, but after accidentally clicking on your cable TV, I also asked me for an annual fee of 159 yuan. Other content charges are not enough. Now Xiaomi Film and Television members, children’s growth members, family members, education members, Karaoke members, a bunch of member charges are not enough, and a cable TV member is created. How can you do this?

Some netizens commented before that it can be uninstalled with the CX file manager. I also uninstalled the remote adb on my computer, but it didn’t work. The entrance of "Cable TV" will still be displayed under the main page. This is loaded in the cloud, and the user has no permission to delete it privately. Even if you uninstall the app, as long as you click on the content of the cable TV on the main page, it will automatically install it again, which is comparable to the "3721 rogue software" of the year. What should I do?

Don’t worry, here’s the key. Here’s the solution:

1. Call the official customer service of Xiaomi on 4001005678 and make an appeal. You can say this: "My Xiaomi TV did not have the entrance of cable TV before, please cancel it for me now."

2. Xiaomi customer service will ask you for the MAC address and platform number of your Xiaomi TV (if it’s ok, please @me in the comments, I have other ways).

3. Wait for 1-3 days. On the second day, my Xiaomi TV 2S cancelled the cable TV entrance on the main page, and on the third day, the cable TV entrance in the signal source was cancelled, and the processing was completed.

Xiaomi customer service will ask you the MAC address of the TV. The specific location is here. Press the up button of the remote control directly on the main page, then find "User Feedback" on the far right, and click to enter.

Then at the bottom of the user’s feedback is the MAC address of your Xiaomi TV. When Xiaomi customer service called for the first time, they only asked for the MAC but it couldn’t be solved. The second call asked for the platform number in the lower right corner before it was processed. In other words, they need the MAC address and platform number to cancel the cable TV service for you. Just tell the customer service these two.

After processing the interface, the "cable TV" service can no longer be seen on the main page and the signal source, avoiding the elderly from accidentally clicking into the "Xiaomi Cable TV" that charges.

Through this incident of Xiaomi TV privately adding cable TV services to users without providing users with active uninstallation and deletion, I had to think deeply. That is: when I did this, it was 4001005678 and 01012315, and finally several phone calls to solve this problem. There are still many Xiaomi TV users in real life. They don’t know how to delete it, and may choose to tolerate it, or even be forced to accept and endure this situation. In addition to young people, in fact, there are many left-behind elderly people who are also using Xiaomi Smart TVs, but are current smart TVs really "smart"? Is it sometimes too "smart"? Although Xiaomi TV 2S was a product from a few years ago, it was always very smooth. After adding "Children’s Paradise" and "Cable TV", it became extremely stuck. At present, I have solved the cable TV problem, but I can’t delete the children’s paradise, so the TV is still somewhat stuck compared to before, but I still can’t help it.

Smart TV, I think it should be a TV that can watch TV first. If even watching CCTV satellite TV becomes a luxury, or it becomes a burden, what fun is this kind of smart TV? I do not deny the large amount of film and television resources brought by smart TVs, but TV manufacturers, can you be a little more pure when making smart TVs? Don’t impose some "garbage" services that you think are good for consumers, okay?! I hope the relevant leaders of Xiaomi TV can see this article. I wish all TV manufacturers pure growth and don’t become the next "3721" rogue team.