Finishing |Caijing New Media Liu Fen Editor| edit
News of the week (April 8 - April 12)
In the first quarter, China's automobile production and sales increased by 6.4% and 10.6% year-on-year, respectively
The Beijing-Tianjin-Hebei region's first intelligent networked vehicle test was opened at high speed
State Administration for Market Regulation: Implement 3C certification for 7 products such as electronic toilets
The CSRC deploys the latest KPI: the proportion of IPO inspections will not be less than 25%, a five-fold increase from 2023
The top 10 automakers in March were released: BYD was the sales champion, and Tesla China fell 18.6% year-on-year
Volkswagen is investing EUR 2.5 billion in the Hefei plant
EHang's "Air Car" was approved for mass production
Zhiji Automobile's mislabeling parameters caused a storm
Baidu's Robin Li's internal speech was exposed: the open source model is of little significance, and the closed source has a real business model
Medical device hardware manufacturers embrace AI models
方舟基金宣布已投资Makeup
Meituan's organizational structure was readjusted, and a group of young managers took office
NetEase and Blizzard are reunited, and games such as World of Warcraft will return this summer
Regulatory developments
In the first quarter, China's automobile production and sales increased by 6.4% and 10.6% year-on-year, respectively
According to data recently released by the China Association of Automobile Manufacturers, in the first quarter of 2024, Continental's automobile production and sales will be 6.606 million and 6.72 million units, respectively, an increase of 6.4% and 10.6% year-on-year, respectively, both hitting the highest value since 2019 in the same period. Among them, the production and sales of new energy vehicles in the first quarter were 2.115 million and 2.09 million units, respectively, an increase of 28.2% and 31.8% year-on-year, respectively, and the market share remained stable at 30%.
The Beijing-Tianjin-Hebei region's first intelligent networked vehicle test was opened at high speed
On April 11, the Hebei Provincial Department of Transportation, the Hebei Provincial Department of Industry and Information Technology, and the Hebei Provincial Public Security Department jointly issued an announcement that the G2 Beijing-Shanghai Expressway Hebei Langfang Section (Hebei Section of the Beijing-Tianjin-Tang Expressway) was officially used to carry out road testing and demonstration applications of intelligent networked vehicles. Previously, the Beijing section and Tianjin section of the Beijing-Tianjin-Tangzhou Expressway have been opened for intelligent networked vehicle testing, which means that the first intelligent networked vehicle test highway across Beijing, Tianjin and Hebei has been opened to the public.
State Administration for Market Regulation: Implement 3C certification for 7 products such as electronic toilets
A few days ago, Li Chunjiang, deputy director of the Certification and Supervision Department of the State Administration for Market Regulation, introduced at a press conference that the State Administration for Market Regulation decided to implement CCC certification (3C certification) for 7 kinds of products, including commercial gas burning appliances, flame-retardant wires and cables, electronic toilets, electric bicycle occupant helmets, combustible gas detection and alarm products, water-based interior wall coatings, explosion-proof lamps and control devices, which have high safety risks. At present, the CCC certification catalogue covers 100 kinds of products in 16 categories, including household appliances, electronic equipment, automobiles, toys, etc.
The CSRC deploys the latest KPI: the proportion of IPO inspections will not be less than 25%, a five-fold increase from 2023
A few days ago, the China Securities Regulatory Commission released the 2024 China Securities Regulatory Commission departmental budget. It is reported that in 2024, the proportion of inspections of enterprises with the first issuance of the departmental budget of the China Securities Regulatory Commission will increase by 5 times, from more than 5% in 2023 to no less than 25%. In addition, some indicators that have not been paid attention to in the past are included in the scope of KPIs, for example, a new quality indicator requirement is added to the performance objectives of the supervision and monitoring review expenditure projects: the risk monitoring ledger setting rate of key companies with a pledge ratio of more than 80% by the largest shareholder shall not be less than 97%. The pledge ratio of the largest shareholder is included in the assessment scope for the first time, which means that the pledge of shareholders of listed companies will be focused on.
Company Spotlight
【Smart Cars】
The top 10 automakers in March were released: BYD was the sales champion, and Tesla China fell 18.6% year-on-year
On April 9, the Passenger Association released data showing that from the perspective of manufacturers' retail sales rankings, the top ten car companies in retail sales in March were BYD Automobile, FAW-Volkswagen, Geely Automobile, Changan Automobile, SAIC Volkswagen, Chery Automobile, Tesla China, Beijing Benz, FAW Toyota and SAIC-GM. Compared with February's rankings, the biggest change in March was that Tesla China, Beijing Benz and FAW Toyota were shortlisted. Among them, BYD is the top seller of passenger cars in China, Chery Automobile's sales increased by 62.6% year-on-year to 75,000 units, and Tesla China entered the seventh place on the list, but fell by 18.6% year-on-year.
Volkswagen is investing EUR 2.5 billion in the Hefei plant
On April 11, Volkswagen announced an additional EUR 2.5 billion investment in its production and innovation center in Hefei to further strengthen its local R&D capabilities. It is reported that the investment will be used by Volkswagen to strengthen its local R&D capabilities and accelerate the development and production of two Volkswagen-branded smart electric models jointly developed with Xpeng Motors.
EHang's "Air Car" was approved for mass production
Recently, the Civil Aviation Administration of China (CAAC) issued a production license for EHang's EH216-S unmanned manned aircraft system. Coupled with the type certificate and standard airworthiness certificate obtained last year, EH216-S has become the world's first manned unmanned eVTOL (electric vertical take-off and landing aircraft) to obtain the "three major passes" for airworthiness, and is the first to enter the large-scale production stage. At present, the products of EHang and Fengfei Aviation on the market have obtained the airworthiness certification of the Civil Aviation Administration.
Zhiji Automobile's mislabeling parameters caused a storm
Recently, during the release and pre-sale of the new L6 of the Zhiji brand, a "benchmarking" storm has attracted widespread attention. A spokesperson for Xiaomi accused Zhiji of incorrectly labeling the key parameters of the Xiaomi SU7 Max at the press conference, saying that it was suspected of deliberately spreading rumors to smear Xiaomi cars. Zhiji subsequently apologized several times, saying that there was no deliberate smear intent, and said that he had defended his rights and reported the organized online violence and traffic bullying he had suffered.
On April 10, the Redmi Turbo 3 press conference marked the parameters of the Honor 100 Pro incorrectly, and Wang Teng, general manager and spokesman of the Redmi brand, made errata on the spot and apologized. In response, Honor product manager @骁龙 _XL issued a response saying that it is not necessary to apologize three times. Glory China CMO@ Jiang Hairong -Harrison also forwarded and said that the forged announcement of Honor urging friends to apologize on the Internet is PS, and there is no need for a sincere apology for this trivial matter.
【AI+ Application】
Baidu's Robin Li's internal speech was exposed: the open source model is of little significance, and the closed source has a real business model
On April 11, an internal speech by Robin Li was exposed by a number of media. Robin Li said in an internal speech that the closed-source model will continue to lead in terms of capabilities, rather than leading temporarily. The open source model is not a situation where everyone gathers firewood and the flame is high. This is very different from traditional open source software such as Linux, Android, etc. Robin Li said that closed source has a real business model, it can make money, and only by making money can it gather computing power and talents, and closed source has advantages in cost, as long as it is the same ability, the inference cost of the closed source model must be lower, and the response speed must be faster. For AI entrepreneurs, the core competitiveness should not be the model itself, which is too resource-intensive, and it takes a very long time to persistently run out.
Medical device hardware manufacturers embrace AI models
On April 11, the 89th China International Medical Equipment (Spring) Expo (CMEF) was held in Shanghai. According to the "Securities Daily", unlike the simple competition of hardware parameters in the past, medical device hardware manufacturers have aimed at software innovation such as artificial intelligence and large models, and launched a variety of innovative products. For example, the magnetic resonance (MRI), which "roars" as soon as it works, can reduce the noise of magnetic resonance scanning by about 98% after being implanted with AI; the medical robotic arm composed of "steel and iron bones" has been transformed by AI and has a "smart" mind, which can intelligently navigate and predict "road conditions" during the operation process, and prompt whether there are blood vessels "blocking the way" ahead; after special modeling and visual recognition empowerment, doctors can remotely command the image presented by the display screen to zoom in, zoom out, and Switching, human-computer interaction in the operating room has become possible......
方舟基金宣布已投资Makeup
On April 11, local time, Cathie Wood, CEO of Ark Investment and well-known investor "Sister Wood", announced that Ark Venture Fund (Ark Venture Fund) will invest in OpenAI from April 10, 2024, and OpenAI is at the forefront of the explosion of artificial intelligence. However, the fund has not disclosed the size of its investments. It is reported that the Ark Venture Fund is a $54 million venture fund under the company, which was launched in September 2022 and invests in public and private companies, including SpaceX, Epic Games Inc., Freenome Holdings Inc. and Relation Therapeutics.
New trends in the Internet
Meituan's organizational structure was readjusted, and a group of young managers took office
According to a report by Jiemian News on April 11, Meituan Takeaway announced a new round of organizational adjustments in the form of internal emails: the establishment of an urban operation business department under the food delivery division, the appointment of Huang Xiaoqin as the person in charge, the establishment of a chain business department with Li Jiayi as the person in charge, and the establishment of the supply exploration department and the appointment of Chu Zheng as the person in charge. The above persons in charge all report to Xue Bing, the head of the takeaway business department. At the same time, the campus business department of the original direct business department continued to be headed by Wu Min and reported to Xue Bing. Appointed Wang Guanjie as the person in charge of the god sought-after and reported to Xue Bing. Mao Huining was appointed as the head of the takeaway user growth and operation department, reporting to Zhou Mo, the head of the user growth and operation department of the Meituan platform, and reporting to Xue Bing on the dotted line. Wang Shiyu was transferred to the overseas business and appointed Sun Mujie as the head of the business planning department of the takeaway business department, reporting to Xue Bing.
A Meituan insider said that the newly appointed heads of Meituan's business department are all young managers who have grown up from the front line of business within Meituan and have rich practical experience in the front line of food delivery. This also means that Meituan is seeking to rejuvenate its organization, and it also allows business leaders to be closer to the front line and more flexible to respond to changes in the external competitive environment.
NetEase and Blizzard are reunited, and games such as World of Warcraft will return this summer
On April 10, NetEase, Blizzard China and Microsoft Games announced that the two sides will continue to cooperate, and games such as "World of Warcraft" and "Hearthstone" will also return to the Chinese mainland market this summer. It is understood that with the acquisition of Blizzard by Microsoft at the end of 2023, in this official announcement, Microsoft Games and NetEase Games also reached an agreement to try to introduce NetEase's new games to Xbox consoles and other platforms.
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