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How will auto finance companies with new executives cope with the industry transformation?

  Continuing the speed of executive turnover in 2020, in the first quarter of 2021, China Banking and Insurance Regulatory Commission approved the executive turnover of two auto finance companies.
  According to the information of official website, China Banking and Insurance Regulatory Commission, China, the Shanghai Banking Insurance Regulatory Bureau approved the qualification of deputy general manager of Ford Motor Finance (China) Co., Ltd.; Shandong Banking Insurance Regulatory Bureau approved the qualifications of general manager and deputy general manager of Shandong Haowo Automobile Finance Co., Ltd..
  Frequent changes in senior management of auto finance companies are mainly related to daily personnel changes, but more people still hope to actively cope with the pain of transformation and change faced by auto time Finance after the epidemic by introducing experienced professionals and forming high-quality management teams.
  Old and new changes in senior management team
  Since the opening of the first auto finance company in 2004, it has been common for executives to change in the industry.
  As far as the position of chairman is concerned, according to the statistics of China Banking and Insurance Regulatory Commission official website’s reply, 21 of the 25 licensed auto financing companies have changed the position of chairman in the past 10 years, involving 36 senior executives. Among them, 10 auto finance companies such as SAIC-GM, Changan Automobile Finance, Ford Automobile Finance, Chery Huiyin Automobile Finance, Fiat Chrysler Automobile Finance, Volvo Automobile Finance, BMW Automobile Finance and Volkswagen Automobile Finance have changed their chairmen at least twice since their opening.
  It can be seen that among the above-mentioned auto finance companies with executive changes, the manufacturers with both wholly foreign investment background and Sino-foreign joint venture background are auto finance companies, including Ford Auto Finance, Fiat Chrysler Auto Finance and Volvo Auto Finance, and there are many foreigners among the executives involved in the changes.
  In recent years, several head auto finance companies established earlier have also changed frequently in the senior management team. For example, Volkswagen Finance has changed in the positions of chairman, general manager, director, chief operating officer and chief risk control officer. In recent years, Toyota Motor Finance has successively appointed a new general manager and several deputy general managers.
  The Financial Times reporter also noticed that most of the senior executives of foreign-funded or Sino-foreign joint venture auto finance companies are directly transferred from the outside by shareholders, and less are transferred from within the company.
  At the policy level, it should be noted that the regulatory authorities have put forward higher requirements for the management ability of senior executives of auto finance companies. In January this year, China Banking and Insurance Regulatory Commission requested in the Guiding Opinions on Establishing and Perfecting the Performance Pay Recourse and Deduction Mechanism of Banking and Insurance Institutions that when financial institutions, including auto financing companies, have serious regulatory indicators that are not up to standard or deviate from the reasonable range, and major risk events occur, which have a bad impact on the financial market order, the performance pay and other incentive pay of senior managers and key positions should be recovered and deducted.
  The automobile industry is in a period of deep adjustment.
  Under the new development pattern of double circulation and the prudent supervision trend of financial innovation, auto finance companies will continue to gain policy inclination, but at the same time they will also face a stricter supervision environment. The industry expects new executives to lead auto finance companies out of the "comfort zone" and actively adjust their development ideas to better adapt to the new requirements and changes of the auto finance industry in the new era.
  In fact, behind the frequent turnover of executives of auto finance companies is the auto market that is in a period of deep adjustment. Although the automobile market shows strong development resilience, the automobile production and sales volume has declined slightly for many years.
  According to the statistics of China Association of Automobile Manufacturers, in 2020, the national automobile production and sales will reach 25.225 million and 25.311 million respectively, down by 2.0% and 1.9% year-on-year.
  From the supply side and demand side, the epidemic has limited impact on medium and long-term automobile production, but it will affect consumers’ demand for automobile purchase, and there is the possibility of delaying or terminating the demand for automobile purchase, which will directly affect the development of C-end consumer credit of automobile finance, especially for companies that rely on offline dealer service mode, it is urgent to transform online and digitally and broaden the channels for obtaining customers.
  Combined with the rapid change of mass consumption habits and consumption concepts, the deep integration of online and offline auto finance is the general trend, and the auto market is also gestating the "new four modernizations" power of electrification, networking, intelligence and sharing. Based on this, the corresponding digital transformation of auto finance companies is a long-term systematic work.
  Some experts in the industry believe that under the new situation, the digital development of auto finance can focus on six aspects, including online marketing, focusing on expanding online marketing models based on social interaction and fans; Online service, moving pre-loan, in-loan and post-loan services online through technical means; Online branding can form a brand communication synergy according to the communication characteristics of different platforms; Online products, exploring and designing innovative financial products that meet the needs of online users; Customers are online, and online customers are managed throughout their life cycle; The risk control is online and transformed into a direct-customized risk control mode.
  The effectiveness of executives’ performance needs to be improved
  In the automobile industry chain, flexible automobile financial products are becoming a new driving force to promote automobile consumption, which has a positive effect on promoting automobile sales and improving customer stickiness. Therefore, the frequent replacement of senior executives in the auto finance company industry in the past two years is also related to the acceleration of the overall transformation of the industry. Under the trend of strict supervision, a series of new regulations related to auto finance were issued, which directly affected the strategic direction and business layout of institutional transformation.
  While auto financing companies are facing various transformation pressures, in the auto financing market, the competition among different types of institutions, such as banks, manufacturers, internet auto financing platforms and financial leasing companies, tends to be fierce, which increases the difficulty of auto financing companies’ transformation to a certain extent.
  Judging from the recently released regulatory signals, compliance will be the core issue that senior executives of auto finance companies should focus on.
  The article "Improving Corporate Governance of Non-bank Institutions, Tamping the Cornerstone of High-quality Development" published by China Banking and Insurance Regulatory Commission official website in early February pointed out that there is still a gap between the governance level of four types of non-bank institutions such as auto financing companies and the requirements of high-quality development, and the willingness and ability of relevant governance subjects to perform their duties need to be strengthened, and the internal system construction and execution still need to be improved. Among them, the key issues such as shareholders’ behavior is not prudent, the management of related party transactions is not in place, the incentive and restraint mechanism needs to be more "risk-oriented" and the effectiveness of directors, supervisors and senior management needs to be improved.

Personal savings pension is coming, would you like to join it?

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  China’s old-age insurance system is a system composed of three pillars: basic old-age insurance, enterprise annuity and occupational annuity, personal savings old-age insurance and commercial old-age insurance, which is undoubtedly conducive to coping with China’s aging population and promoting the sustainable development of the old-age insurance system. At present, it is urgent to promote the construction of the third pillar pension insurance because the first pillar basic pension insurance is "one big one" and the second pillar enterprise annuity develops slowly and its coverage is relatively small.

  With the aggravation of population aging, how to enrich the "money bag" of providing for the aged has become a hot topic of concern.

  This year’s government work report mentioned the third pillar pension insurance for the first time, and proposed to standardize its development. This plan sparked a heated discussion.

  What is the third pillar of old-age insurance, which groups are suitable for it, and how many "chips" can it add to old-age care after joining? Let’s listen to professionals to calculate this pension account.

  The third pillar is a short board in the endowment insurance system.

  What is the third pillar endowment insurance?

  China’s endowment insurance system is a "three-pillar" system. Zheng Bingwen, member of Chinese People’s Political Consultative Conference and director of the World Social Security Research Center of China Academy of Social Sciences, said that the first pillar is the basic old-age insurance, which is often referred to as the pension, the second pillar is the enterprise annuity and the occupational annuity, and the third pillar includes the personal savings pension insurance and the commercial pension insurance.

  "The first pillar is pay-as-you-go, government-led and basic; The second pillar is the enterprise (occupational) annuity, which is dominated by the employer and can help the employer attract talents. The third pillar is individual-led, and some money is paid before tax when working, and then taxed when retiring. These three pillars jointly support old-age care. " Dong Keyong, a professor at the School of Public Administration of China Renmin University, explained to reporters.

  From the experience of various countries, establishing a multi-level old-age insurance system is considered to be an important measure to deal with the aging population and promote the sustainable development of the old-age insurance system.

  You Jun, deputy director of the Ministry of Human Resources and Social Security, said in an interview that among the three levels of the current old-age insurance system, as the first level of basic old-age insurance, the system is basically sound, and the employee old-age insurance plus urban and rural residents’ old-age insurance has covered nearly one billion people. As the second level, the enterprise annuity and occupational annuity systems have been initially established and gradually improved, covering more than 58 million people at present.

  The first pillar of the basic old-age insurance covers a wide range of people, but "one branch is the only one", coupled with the current situation that the pension accounts for no more than 45% of the pre-retirement salary on average, which makes many professionals worry that with the deepening of aging, the income and expenditure pressure of the basic old-age insurance will increase day by day.

  "The second pillar enterprise annuity has developed slowly and its coverage is relatively small. At this time, we must consider taking the third pillar as the entry point and accelerate the establishment of a multi-level old-age security system. " Sun Jie, member of Chinese People’s Political Consultative Conference and vice president of university of international business and economics Institute of Insurance, said.

  It is urgent to promote the construction of the third pillar endowment insurance. "As the third level of personal pension system has not yet been introduced. Indeed, the third level is still a shortcoming in the entire pension insurance system. " You Jun is outspoken.

  At the same time, more and more people choose flexible employment. There is no clear employer for this group, and the third pillar pension insurance led by individuals has high hopes on how to protect the pension rights of this group.

  The market reflects the pilot policy that "it is not easy to say that I love you"

  In fact, since May 2018, the third pillar pension insurance has been piloted in Shanghai, Fujian and Suzhou.

  The pilot is clear, and personal tax deferred commercial endowment insurance is implemented. The insured who purchases tax-deferred old-age insurance products can pay the premium before tax, and then pay personal income tax when they receive the insurance money after retirement, and the maximum monthly tax deduction can be made for 1000 yuan.

  In view of many employees’ concern about how much they can get when they buy tax-deferred old-age insurance, China Banking and Insurance Regulatory Commission has calculated an account: suppose the insured person starts to participate at the age of 30 and takes out insurance in 1000 yuan every month, and the guaranteed rate of return on products is 3.5%. When he retires at the age of 60, he will pay a premium of 360,000 yuan, with an account value of 618,000 yuan. Through actuarial calculation, you can get 2746 yuan a month.

  By the end of April 2020, a total of 23 insurance companies had participated in the pilot project, and 19 companies had issued orders, achieving a cumulative premium income of 300 million yuan and a total of 47,600 participants.

  The relevant person in charge of China Banking and Insurance Regulatory Commission said that the personal tax deferred commercial endowment insurance pilot is progressing smoothly, but the overall scale is not large, and the market generally reflects that the policy is not attractive enough.

  One of the reasons why the pilot is not attractive enough is that the beneficiary groups are further narrowed when it comes to tax reform.

  Zhou Yanfang, deputy to the National People’s Congress and deputy general manager of China Taibao Life Insurance Shanghai Branch, who participated in the research and formulation of the tax-deferred pension insurance policy, once revealed that the original tax calculation method was largely referenced when formulating the tax-deferred pension insurance policy.

  Due to the adjustment of individual tax policy, the threshold is raised from 3,500 yuan to 5,000 yuan per month, which leads to the reduction of taxpayers and the coverage of tax-deferred pension insurance.

  Not long ago, at the press conference held by the State Council Office, Luo Xi, the chairman of China People’s Insurance Group, talked about the remarkable characteristics of the third pillar pension insurance. First of all, he said that it is a way to provide personal pension for high-income groups.

  At the same time, tax incentives are insufficient. According to Zhou Yanfang, according to the pilot method, the tax rate for workers who need to pay a tax when they retire is 7.5%, while according to the new personal income tax payment policy, workers who earn less than 8,000 yuan a month need to pay a tax rate of 3%.

  Since the monthly income of most workers in China is less than 8,000 yuan, Zhou Yanfang believes that the tax preferential policy of tax extension pension insurance has a negative incentive effect. In addition, the tax extension ceiling in 1000 yuan is not attractive enough for high-income earners.

  It is suggested that tax exemption should be appropriately increased to enhance its attractiveness.

  "The tax revenue is not enough." Luo Xi suggested that the state should comprehensively consider various aspects and appropriately increase the intensity of tax exemption.

  Zhou Yanfang agrees with this. She suggested raising the pre-tax deduction standard of tax-deferred pension insurance and raising the monthly deduction amount to 3,000 yuan. And establish a dynamic adjustment mechanism for tax incentives, reduce or exempt the tax rate at the collection stage, and improve the attractiveness of products and the coverage of preferential policies.

  At present, there are some problems in tax-deferred pension insurance, such as inconvenient participation, complicated process and complicated calculation. Zheng Bingwen believes that a complete design scheme of the third pillar system should be put forward to accommodate all financial products, so that tax preferential policies can be implemented on account holders instead of products, so that account holders can "eat all qualified financial products" with one account, so as to improve the convenience and accessibility of the third pillar.

  "I hope to speed up the pilot, expand the scope of the pilot, and push the face away." Sun Jie suggested that the preferential tax policy should be changed into financial subsidies, and low-and middle-income people should be paid through financial subsidies, so that more people can participate in commercial endowment insurance independently.

  The reporter learned that in recent years, the Ministry of Human Resources and Social Security has systematically planned and designed the third-level institutional model under the framework of a multi-level endowment insurance system.

  "After full research and demonstration, drawing lessons from international experience and summing up some domestic pilot experiences, a preliminary idea has been formed." You Jun introduced that the general consideration is to establish a personal pension system based on the account system, with voluntary participation of individuals, tax support from the state finance, and market-oriented investment and operation of funds.

  According to reports, in the next step, the Ministry of Human Resources and Social Security will implement it as soon as possible to meet diversified needs and better protect the happy life of the elderly.

The emergency ward of the emergency and critical care center of Beijing Hospital of Traditional Chinese Medicine opened, adding new strength to life escort.

On July 8th, an opening ceremony was held in the emergency ward of the Emergency and Critical Care Center of Beijing Hospital of Traditional Chinese Medicine affiliated to Capital Medical University. Liu Zhongxun, Party Secretary, Liu Qingquan, Deputy Party Secretary and Dean, Guo Wei, Vice President, and heads of medical department, nursing department, emergency department and critical care department attended the opening ceremony.

Liu Qingquan said that the establishment of emergency ward is an important measure to improve the hospital’s medical service capacity and level. The establishment of emergency ward will further optimize the diagnosis and treatment process of emergency and critical illness in the hospital, lay a good foundation for establishing a new model of emergency and critical illness treatment center, and play an important role in safeguarding people’s lives and health.

Liu Zhongxun said that under the new situation and new tasks, we have set up a new ward and a new team. Only by facing the new era and implementing the new mission can we live up to the requirements put forward by the party and the state. It is our primary task to work together to build disciplines, wards and teams well.

Subsequently, Guo Wei introduced the construction and future development plan of the emergency ward. The newly opened emergency ward is located on the second floor of infectious diseases department (fever clinic), equipped with advanced medical equipment and professional medical team, which can meet the treatment needs of various critical patients. At present, there are 4 beds, which can be expanded to 12 beds according to the needs of patients.

The emergency ward is equipped with advanced equipment such as ventilator, defibrillator and monitor to ensure that patients can get timely and professional treatment. The ward mainly treats all kinds of critical patients, including but not limited to cardiovascular emergency, respiratory emergency, digestive tract emergency and trauma emergency. By providing all-round and multi-level emergency medical services, we can win valuable treatment time for patients and improve the success rate of treatment. Over the years, our hospital has attached great importance to emergency and critical care, and constantly improved the emergency and critical care system. The opening of the emergency ward will further enhance the comprehensive treatment capacity of the hospital for critical diseases and strive to provide more convenient, efficient and high-quality medical services for patients in surrounding areas and even the whole city. With the joint efforts of all medical staff in the emergency and critical care center, the emergency ward will continue to grow and make greater contributions to promoting the development of emergency and critical care.

The emergency department of Beijing Hospital of Traditional Chinese Medicine affiliated to Capital Medical University was established in 1978, the emergency intensive care unit was established in 2001, and the infectious diseases department (fever clinic) was established in 2020. This year, three departments were integrated to form an emergency and critical care center. After more than 30 years of construction and development, our hospital has established a complete emergency service system, which has the ability of clinical emergency and critical care. It is the clinical base of TCM emergency in state administration of traditional chinese medicine, the national base of TCM disease prevention and control, the national TCM emergency medical rescue center and the state administration of traditional chinese medicine regional diagnosis and treatment center.

Country Garden announces new progress in overseas debt restructuring! A project team has been established.

At the group management meeting in April, the management of Country Garden put forward the working policy of "one floor, one guarantee and delivery" in view of the current main tasks. In addition, we should seize the opportunity and strive for more projects to enter the "white list".

On April 7, Country Garden issued an announcement to disclose the progress of its overseas debt restructuring and the appointment of legal counsel. After Country Garden announced on October 10, 2023 that it was seeking a comprehensive solution, it cooperated with creditors and main consultants and made positive progress in overseas debt restructuring. The company has set up a coordination committee representing bank creditors and a project team representing bondholders. At present, the two sides are discussing the information sharing mechanism and fee arrangement.

Country Garden is conducting feedback on due diligence issues, and referring to international best practice guidelines, including the Second Edition Statement of Principles on Global Experiences of Multi-creditors in Solving Debt Problems without Court Procedures and the Code for Handling Financial Difficulties of Hong Kong Enterprises.

Country Garden said that the main financial consultants are continuing to advance the preparation of the cash flow model. In addition, in order to provide a common information platform for creditors, the company has hired De Anhua to analyze the independent debt recovery rate of the group on the premise of being cautious to creditors, so as to help creditors make better rational judgments when examining the company’s operation in the future.

It continued that Country Garden plans to establish a regular communication mechanism with overseas creditors and update the restructuring process to overseas investors in a timely manner. The company reiterates that we are determined to promote a comprehensive solution that can ensure the long-term development of the Group, safeguard the rights and interests of all stakeholders and ensure fair treatment of all creditors.

Country Garden also said that the company has appointed Nianlida Law Firm as the main legal adviser for overseas debt restructuring. Nianlida Law Firm will work with the company and its main consultants to ensure a transparent and constructive dialogue between the company and overseas creditors.

At the end of February, Country Garden announced on the Hong Kong Stock Exchange that the company was informed of the liquidation petition filed by Ever Credit Limited to the High Court of the Hong Kong Special Administrative Region on February 27, 2024, concerning the unpaid term loan with a principal of about HK$ 1.6 billion between the petitioner (lender) and the company (borrower) and accrued interest. The company will strongly oppose the petition.

On March 28th, Country Garden announced that it would delay the publication of the 2023 performance report. The explanation given by the company for delaying the publication of financial reports is that the industry continues to fluctuate and the business environment faced by the company is becoming increasingly complex. It needs to collect more information to make appropriate accounting estimates and judgments. Affected by this, Country Garden shares have been suspended since April 2.

Written by: Nandu Bay Finance Society reporter Wang Yanling

Full analysis of the eggs of Justice League, you will see the future of DC universe.

Justice League

DC and Marvel Comics will finally be "positive" in the mainland market this year.

The release of "Batman v Superman: Dawn of Justice" in 2016 officially announced the opening of the DC movie universe, and the official also announced that many independent superhero works will be put into shooting. The commercial purpose of accelerating the expansion of the film universe is undoubtedly Marvel Comics, which is in full swing and monopolizes the super-British film market.

Judging from the trend in the past two years, DC released three works of Bat Chao almost at the same frequency as Marvel Comics, but the schedule of the mainland and the works of Marvel Comics released at the same time were staggered for more than a month.

Captain America: Civil War May 6, 2016 & mdash; — Batman v Superman: Dawn of Justice, March 25th, 2016.


Galaxy Guard 2, May 5, 2017 & mdash; — Wonder Woman, June 2, 2017


Thor: Ragnarok, November 3, 2017 & mdash; — Justice League November 17, 2017


Until today’s simultaneous release in China (hereinafter referred to as "Zhenglian"), the domestic audience finally waited for DC and Marvel Comics to look back. 

As DC’s first "superhero group" work, it is only less than two weeks away from Marvel Comics’s Thor: Ragnarok release. When two topical works meet, it’s hard for the audience not to compare which is better or worse, and fans in Marvel Comics and DC at home and abroad also started fighting on social media early. However, the staff of the two companies hold an inclusive attitude towards such healthy competition.

 James gunn, director of "Silver Guard" series, admits that he actually likes DC’s works very much.

 President Marvel Comics came out to "persuade the fans"

 Goddess Gado said in an interview that she likes Marvel Comics’s works.

 "Super Super" Henry Cavill: The roles of both sides should be respected.

So, as a loyal fan of superhero movies, Xiao Bian advises you: there is no need to compare too much. After all, there is no distinction between high and low justice.

Judging from the style of Bat Chao, every key work of DC must be full of eggs, and it is also painstaking to pave the way for future works and accumulate popularity. After watching the movie at the first time, Xiaobian summed up these small details that you got or didn’t get. From the numerous hints given by the government, we can even see the story trend of the future DC movie universe.


1 "Maybe more than six chairs"


Justice League has a large number.

Although all kinds of materials advertised in the new film are all under the banner of the Big Five, fortunately, our "Super Super" has officially come back in Zhenglian. With the growth of DCEU, as the female Xia said at the end of the story when the master designed the headquarters of Zhenglian, "Maybe there are more than six chairs". Obviously, this line is intentional by the screenwriter, which implies that more new members will join the Justice League in the future. So who will it be?


The Justice League in the cartoon has as many people as The Avengers in Marvel Comics. However, once it is made into a movie, the number of places will be limited, and the film side has no energy to take care of so many super English. Therefore, if you want to come first, it is hoped that these people will join first from the new work.


— — Green Lantern

Green Lantern

After Ryan Reynolds’s success in Marvel Comics’s "Deadpool", DC must be even more upset about the double loss of popularity of the old version of "The Green Lantern" starring him, so he put the shooting plan of "The Green Lantern Corps" on the agenda early. In Zheng Lian, the green light warrior also appeared in the first invasion of the earth by the wild wolf: in the human phalanx that fought back against Parademons’s army, it was the early green light man who used the green ring to fight.

 

Green Lantern Corps

The difference between the Green Lantern and other superheroes is that the title of "Green Lantern" refers not only to a certain person, but to a group. In the Green Lantern Corps, every soldier wears an energy ring, and the intensity of the energy released depends on the willpower of the soldier himself. It can be said that it is a super weapon without an upper limit. Therefore, with this power, the Green Lantern can naturally rank among the Zhenglian.


— — Shazam


In the ancient war, do you remember the strong man who released lightning with his hands? He is wonder woman’s father Zeus.


Although the Greek gods only appeared in ancient times, some people in the Orthodox League also inherited their abilities, that is, the superhero Shazam, who has exposed that he is about to make a film version.

 

Comic editionShazam

"Shazam" is the title of wizards who fight evil, which has been handed down from generation to generation. The man who fought in the first invasion of the Wilderness Wolf was probably the earliest wizard in history, that is, the first person to use the name "Shazam". The wizard signed a contract with the gods and was given the powerful magical power of the Greek gods. He can also release magic lightning like Zeus.


According to foreign media rumors, the first Shazam of DC will be played by Zachary Levi (this brother also played Thor: Ragnarok & HELLIP; … )

 

Zachary Levi

But his old enemy "Black Adam" — — As a wizard with the same magical power as Shazam, this villain will be played by the actor "Boulder" Qiang Sen, who is extremely popular in recent years.

(The picture shows netizens making their own, unofficial)


Next page: Flash’s parents

Guangdong police cracked down on the crime of illegal production on the Internet and seized 5.8 billion pieces of stolen citizen information.

The mobile phone cards seized by the police were "piled up like mountains".

  The largest WeChat plug-in case in China, the largest "black hat" promotion case in China, and the largest domain name hijacking case in China … … Yesterday, the Guangdong Provincial Public Security Department held a press conference to report the effectiveness of cracking down on cybercrime and cracked a number of major and influential new cybercrime cases in the country. It is understood that from January to October this year, Guangdong Province detected more than 1,430 cases of online illegal production, detained more than 9,220 people in criminal detention, and seized more than 5.8 billion pieces of personal information of citizens who were leaked and stolen, up 29.68%, 22.26% and 557.64% respectively, which effectively cracked down on the arrogance of online illegal production crimes.

  Guangzhou cracked the largest case of manufacturing and selling WeChat plug-in software in China.

  Recently, the Guangdong Provincial Public Security Department organized the Guangzhou Public Security Bureau to carry out the "Net Net No.11" project to close the net, knocked out a large new hacker criminal gang that made, resold and used WeChat plug-in software, engaged in the business of buying and selling WeChat accounts and keeping numbers, arrested 44 criminal suspects, and seized about 650,000 micro-signals involved, involving about 10.41 million yuan. The case is the largest network black production case that has been cracked in China to manufacture and sell WeChat plug-in software.

  In May this year, when Guangzhou police detected a fraud case of dating, they found that the suspect used a WeChat plug-in software called One Piece. The so-called WeChat plug-in software has the functions that official WeChat does not have, such as logging in micro-signals in batches, automatically adding friends, sending friends in batches, managing group messages, and authenticating micro-signals in batches. It is an important tool for black producers to raise and sell numbers, and can provide a large number of account resources for gangs that commit crimes such as online fraud.

  According to the suspect’s confession, the software was sold to them by a man named Liang Moulun and solved the problems encountered in the use of the software. The task force conducted in-depth investigations and successfully concluded a new hacker criminal gang that produced, resold and used WeChat plug-in software, engaged in the business of buying and selling WeChat accounts and keeping numbers.

  After the micro-signal was "raised", its value soared by a hundredfold.

  After investigation, the gang, centered on Chen Mou Exhibition, a software producer, is divided into three roles: software producer, software agent and micro-signal dealer. The first floor consists of three people, including Chen Mou Zhan, a software producer, who is mainly responsible for developing the One Piece WeChat plug-in software and uploading it to the website for users to download. The software requires an authorization code to use, and the suspect illegally profited by selling the authorization code and charging the software agency fee. On the second floor, there are 10 software agents, including Liang Mou, who mainly obtain agency qualifications from software producers, buy authorization codes in bulk at low prices and resell them to micro-signal vendors. Some agents are also engaged in the black business of micro-signal vendors. On the third floor, there are 31 micro-signal merchants, including Gong Mou, who mainly buy authorization codes from agents, and register real-name WeChat accounts in batches by using One Piece software to carry out the business of raising and selling numbers.

  What are these micro-signals sold in bulk used for? According to the police handling the case, most of them are used to disguise their identity to engage in illegal and criminal activities, and become tools for crimes downstream of online black production, such as dating fraud. The newly registered number is cheaper, only a few dollars, while the old number that has been raised for a while will sell for tens to hundreds of dollars.

  Gambling sites "wears vest" to improve its ranking.

  Recently, the Guangdong Provincial Public Security Department organized the public security organs of Foshan City to carry out the "Net No.10" network-closing operation in six provinces and eight cities, including Foshan, Fujian, Sichuan and Jiangsu, and successfully destroyed a criminal gang that used Baidu Black Hat to promote the online gambling industry chain, arrested 72 suspects, seized 1.32 million yuan in cash on the spot and frozen 15 million yuan in funds. This case is the largest network black production case that Baidu Black Hat promoted the online gambling industry chain in China.

  Since the beginning of this year, it has been found in the work of Foshan Internet Police Detachment that there are a lot of gambling sites information in the top links in Baidu search engine. After investigation, criminals use technical means to implant online gambling, online pornography, online fraud and other promotional links in multiple websites to improve the search ranking of promotional links and increase the click-through rate of promotional links. This promotion method is called black hat SEO in the black industry. In short, it is to improve the ranking in search engines by improper methods. Accordingly, the police carried out in-depth investigation and found a large gang that used Baidu black hat to promote the online gambling industry chain.

  The investigation found that the gang provided operation and maintenance services to 143 gambling information websites, such as Zeng × Ren, Xiao× Er, Ye× Zhu, Tie× Pan and Ju× Pan. In order to improve the ranking of this kind of target website (gambling sites) in various search engines and increase the hit rate of being searched, it forged the homepage of the website into a news media page, and used the title to attract clicks, thus attracting traffic. After Baidu’s ranking was improved, the gang secretly inserted gambling advertisements and links in the webpage to promote various gambling sites for gambling gangs.

  In addition, in order to ensure that gambling sites is accessible and has certain concealment, the gang also purchased SSL certificates from overseas for website encryption and VPN services for climbing over the wall, thus avoiding supervision and review.

  The source of batch registration of online accounts "meal" is actually "inside ghost"

  Recently, under the coordination and command of the Guangdong Provincial Public Security Department, Dongguan public security organs simultaneously launched the "Net Net 22" project in Guangdong, Fujian, Shandong and other places, knocked out a mobile phone verification code obtained by building a network code platform, registered a new type of criminal gang with online virtual accounts in batches, arrested 82 major suspects in various links such as "industry ghosts", "card merchants", platform personnel and downstream crimes, and seized more than 1,400 personal information of citizens. The case completely cut off the black industrial chain of the "receiving platform".

  In May this year, the investigation of Dongguan Cyber Police Detachment found that Dongguan Ziyou Network Technology Co., Ltd. set up a "Domi" network code access platform, contacted "card merchants" and criminals with black products, bypassed real-name authentication, and obtained verification codes of mobile phones in batches, and then provided them to black products users of the platform to register various platform accounts in batches, and then provided them to criminals downstream for "car", "loan" and "loan".

  After in-depth investigation, it was found that two staff members of Dongguan telecom operators acted as "ghosts in the industry" and used their work to provide a large number of mobile phone "black cards" for "card merchants". Card merchants then sell mobile phone "black cards" to cyber criminals, who use "cool cards" and "cat pools" to connect with the "Domi" platform. By using the "Domi" platform, they can receive verification codes of mobile phones in batches, and illegally sell a large number of accounts after registering in popular mobile apps. Account buyers can get the first discount of the corresponding merchants, or implement it in a way of not paying after consumption and not returning small loans.

  For example, criminal gangs of black goods registered a large number of accounts on platforms such as Alipay, Didi Chuxing, Shouqi Chuxing and Hungry, and then sold them to criminals downstream. After using this account, downstream criminals deliberately fail to pay, maliciously owe money after the loan, or get the first discount from the platform merchants.

  The police reminded that providing code-receiving services for online criminal gangs is to help information network criminal activities, and the masses should not try their own laws. If you find any clues about the code receiving platform, please report to the public security organ in time.

  Network access automatically jumps to gambling sites? It was a domain name hijacking.

  Recently, the Guangdong Provincial Public Security Department organized the public security organs of Zhongshan City to carry out the "Net Net No.13" project to close the net, knocked out a domain name hijacking criminal gang, arrested 80 criminal suspects, and seized a large number of computers, mobile phones, bank cards, cars and other items. This case is the largest network black production case of domain name hijacking crime in China.

  In July this year, during an online patrol, Zhongshan Cyber Police Detachment found that some people posted publicity information about gambling slang such as "operator DNS hijacking", "BC", "CP", "chess and cards" and "LH" on Baidu Post Bar, and used domain name hijacking to "drain" gambling sites.

  Internet domain name hijacking is to hijack the domain name resolution server by illegal means, gain the control of the domain name resolution record of the website, and then modify the resolution result of the domain name of the website, so that users cannot directly visit the target website. After entering the domain name, the webpage will jump to designated websites such as gambling and pornographic websites.

  After layer-by-layer investigation and analysis, the task force finally locked in a network domain name hijacking criminal gang headed by Li Molong, Zheng Monan, Chang Mou, Zhao Mou, He Mochao, He Moguang and others. The gang members are located in Zhongshan, Beijing, Fujian, Jiangsu and other places in Guangdong.

  After investigation, it was found that Li Moulong and others set up a studio in Shiqi District, Zhongshan City since February 2019, and used hacking software to hijack websites such as "A certain amount of treasure" to brush traffic for illegal websites such as Mark Six Lottery in gambling sites and the mainland, in order to attract people to browse gambling sites and participate in online gambling, and formed a "DNS operation gang, domain name hijacking gang, intermediary promotion gang and downstream gambling gang".

  The police reminded that it is a serious crime to provide domain name hijacking and promote "drainage" services for cybercrime, and the masses should not try their own laws. Please report to the police actively if you find that the webpage jumps forcibly or that computers and mobile devices find viruses and Trojan horse infections. (Text/Guangzhou Daily All-Media Reporter Li Dong Correspondent Lin Hongsheng, Jiang Shuting, Li Changda)

How to read taycan

Porsche’s new all-electric sports car, the taycan, pronounced "te?k?n", is a high-performance electric sedan launched by Porsche. It is the first all-electric model in the history of the Porsche brand and is hailed as a milestone in the "electric age". The launch of the taycan marks a major step towards electrification for Porsche. It uses advanced electric technology, has excellent power performance and driving experience, and is also luxurious and practical.

The exterior design of the Porsche Taycan is very attractive. It adopts a streamlined shape and integrates classic Porsche design elements, such as through taillights and streamlined body, so that people can recognize it as a Porsche model at a glance. In terms of interior, the Taycan also maintains the always refined and luxurious Porsche, using high-quality materials and advanced technology, so that both drivers and passengers can feel its high quality.

In terms of performance, the taycan has excellent acceleration performance, with a 0-100km/h acceleration time of only 3.5 seconds and a top speed of 260km/h. At the same time, it also has a long range, with a single charge of more than 400 kilometers, meeting the needs of daily driving. In addition, the taycan is also equipped with advanced driver assistance systems and intelligent connectivity functions, making driving more convenient and safe.

TAYCAN

All in all, the Porsche taycan is an electric sedan that combines high performance, luxury and practicality. It uses advanced electric technology, has excellent power performance and driving experience, and is an important milestone in the history of the Porsche brand. If you have any doubts about the pronunciation of the taycan, you can clearly pronounce "te?k?n".

LANTU Automobile Helps the 2023 International Mountain Tourism and Outdoor Sports Conference to Be Successfully Held

From September 15th to 16th, the 2023 International Mountain Tourism and Outdoor Sports Conference was grandly held in Xingyi City, Qianxinan Prefecture, Guizhou Province. Lantu Automobile became the only designated car for the conference. During the conference, Lantu Automobile brought 30 "Electric Luxury Flagship MPV" Lantu Dreamer and 30 "Chinese Luxury Electric Sedan" Lantu Chasing Light to provide car services for the guests attending the conference. While contributing to the success of the conference, it also demonstrated Lantu Automobile’s firm determination in promoting new energy vehicles and promoting green travel.

The International Mountain Tourism and Outdoor Sports Conference is the only national and international summit in China with the theme of mountain tourism approved by the State Council. Since 2015, all conferences have been held in Guizhou. The 2023 International Mountain Tourism and Outdoor Sports Conference is hosted by the Guizhou Provincial People’s Government, the Ministry of Culture and Tourism, and the General Administration of Sport of China. It is organized by the Propaganda Department of the Guizhou Provincial Committee of the Communist Party of China, the Guizhou Provincial Department of Culture and Tourism, the Guizhou Provincial Sports Bureau, the Guizhou Provincial Foreign Affairs Office, the People’s Government of Southwest Guizhou Prefecture, and the Secretariat of the International Mountain Tourism Alliance.

This conference adheres to the concept of "internationalization, marketization, branding, and popularization", and closely focuses on the three elements of "resources, customer sources, and services". The main activities and mountain tourism activities are held from September 15th to September 16th, and various supporting activities and events are held throughout the year. As the only designated car of this conference, Lantu Automobile will provide a comfortable, safe and environmentally friendly travel experience for the guests, athletes and staff. Lantu Dreamer, as an electric luxury flagship MPV, provides a strong guarantee for the smooth progress of the conference with its spacious space, luxurious configuration and excellent performance. At the same time, the Chinese luxury electric car Lantu Chasing Light will also accompany the participants throughout the event to witness the wonderful moments of this grand event.

Lantu Dreamer has won the "White Gold Medal" evaluation of ecological vehicles in the "China Ecological Vehicle Research Report" (Phase 1), and the vehicle life cycle carbon emissions project has obtained full marks, which is defined as a low-carbon vehicle. As the "Electric Luxury Flagship MPV", Lantu Dreamer is based on the world’s first positive development of the dual-power electric drive special architecture ESSA architecture. It is an electric MPV with dual-power layout. It has 17 MPV first-ride technologies and 21 leading technologies of the same level. With leading advantages such as comfortable space, comfortable luxury, warm technology, and global safety, it brings users a distinguished and comfortable green and low-carbon travel experience.

As the master of the latest technical strength of Lantu Automotive, Lantu Chasing Light has achieved industry-leading excellence in luxury, comfort, driving control, intelligence, safety and other product dimensions. What you see, hear, hear and touch brings users immersive luxury enjoyment. Lantu Chasing Light is equipped with Lantu’s self-developed ESSA architecture and SOA electronic and electrical architecture, has self-developed V-pilot intelligent driving assistance system, and used semi-solid batteries for the first time in mass production models. It has 9 first-of-its-kind and 28 leading technologies of the same level. It not only brings elegance and comfort but also experiences the passion brought by racing performance, bringing users a unique high-quality electric travel experience.

The International Mountain Tourism Conference aims to promote the development of mountain tourism and outdoor sports industry, raise people’s awareness and participation in ecological and environmental protection, and attract many outdoor sports enthusiasts and professionals from all over the world to participate. Lantu Auto became the only designated car for this conference, which is an affirmation of its brand strength and product quality. As a high-end new energy brand under the central enterprise Dongfeng, Lantu adheres to the brand mission of "Let the car drive the dream and empower the better life". It is committed to providing high-quality, high-performance and high-intelligence high-end new energy vehicle products for global consumers, and actively participates in the development of mountain tourism and outdoor sports industry, contributing to the promotion of green economy and sustainable development.

About Landscape

Lantu Automobile, a high-end smart electric vehicle brand, originated from Dongfeng Motor and was founded in April 2019. As China’s "new car-making strength", Lantu integrates Dongfeng’s 54 years of car-making technology and superior resources, builds an innovative business model with users as the center, and is committed to becoming the "leader in high-end electric vehicles in China".

With the brand mission of "Let the car drive the dream and empower the better life", Lantu creates a modern style of better life for the new backbone of contemporary society with the brand personality of "light, quiet and elegant". As a brand rooted in the birth of Chinese culture, Lantu has been committed to providing users with high-end new energy vehicle products and services with Chinese cultural heritage and wisdom. On April 18, 2023, Lantu brand was rejuvenated and upgraded, creating a combination of Chinese elegance and pioneering technology, so that the brand and products have a deeper cultural base color, giving the modern automobile industry products a unique connotation. With a more confident and elegant travel lifestyle, we provide users with a brand experience full of cultural charm and heritage, showcasing the charm of Chinese high-end brands.

Lantu products are based on performance driving control, extreme safety and Chinese aesthetics, and constantly explore independent brand innovation mechanisms to provide users with a reliable, safe and luxurious travel experience. In June 2021, Lantu’s first model, "Performance-level intelligent electric SUV" Lantu FREE, was officially launched. Delivery was launched in August of the same year, and users covered more than 300 cities across the country. Lantu’s second model, "Lantu Dreamer", is positioned as "Electric Luxury Flagship MPV". It has 17 MPV first-ride technologies and 21 leading technologies of the same level. With its leading advantages such as comfortable space, comfortable luxury, warm technology, global safety, and extreme performance, Lantu Dreamer leads the world’s MPVs into a new era of electrification and low-carbon travel, establishing a new standard for electric luxury MPVs. Lantu Dreamer was officially launched on May 7, 2022, and officially started delivery on July 16. Positioned in the Chinese luxury electric sedan "Lantu Chasing Light", it was officially launched globally on April 18, 2023. Lantu Chasing Light is the first sedan equipped with SOA, and the 82-kWh power battery is the industry’s first mass-produced semi-solid battery. Lantu Chasing Light fuses Chinese aesthetics with modern technology, combining sports and elegance, and creates a new benchmark of Chinese luxury with all the ultimate product power, bringing users a glamorous and high-quality electric travel experience.

For more information, please pay attention to:

Contact: Lantu Auto Jinyuli

E-mail: h-jinyl@voyah.com.cn

MasterGo helps 360: reduce costs and increase efficiency, and deeply collaborate across teams

"We currently have a team of nearly 600 people collaborating online through MasterGo. MasterGo has brought us continuous performance improvement, and the design and product teams have achieved deep collaboration with the platform."

Peng Bo, head of user experience design, 360 Digital Security Group

Case Highlights

600 people online collaboration

Privatized security deployment

Build high fidelity template library

bidirectional reuse of team libraries

360 Digital Security Group (360 (601360) Digital Security Technology Group Co., Ltd.) is a leader in digital security, adhering to the strategic policy of "going up the mountain and going down the sea to help small and micro enterprises", and comprehensively upgrading the "360 Security Cloud" with the core development concept of "Security as a Service". The successful digital security operation system framework that has been repeatedly verified by the industry for more than ten years will build a complete digital security capability for countries, cities, large enterprises, and small and medium-sized enterprises to deal with complex threats in the digital age in a cloud-based service manner.

Business empowers do subtraction, capability boundaries do addition

In the case of limited personnel, how to improve team collaboration and productivity? This is a problem that many companies must face in the era of collaboration. And for multi-security business teams like 360 Digital Security Group toB and toG, it is even more important.

"360 Digital Security Group’s R & D support mid-platform design team needs to support the continuous iteration of nearly 100 standard products, and at the same time support a large number of customized project designs. They often face a lot of emergency work in the plan. The introduction of effective design productivity tools will bring great help to the daily work of the team." Peng Bo, head of R & D Shared Support Center – user experience design, said: "So, how to achieve fast and orderly design delivery for a design team of this size is not a simple efficiency issue, but requires a deeper consideration of the relationship between business empowerment and team capability boundaries." Designers cannot be regarded as a simple resource pool, and passive collaboration that wins by quantity is not a virtuous circle; and the practice of MasterGo and 360 has found a good answer, that is, to achieve "business empowerment subtracts and capability boundaries add" through synergy.

"Through MasterGo, we push and empower high fidelity resources such as design specifications and UI component templates to the product team, and no longer rely heavily on UI design investment for some conventional OEM products and customized projects, but switch to a lightly involved collaboration method of proofreading and control, which greatly improves collaboration efficiency. Through the construction of common design resources on the MasterGo platform, the team not only enhances the design efficiency of the team itself, but also opens up the resources to the Product R & D business team to achieve the effect of deep empowerment. In the production execution process, the position role is filled, and the collaboration process is simplified. Naturally, the subtraction of the Product R & D process is formed. To a certain extent, the prototype is high fidelity, which is suitable for requirements verification and pre-project docking needs. The indirect benefit is that the design team can focus their energy on key standards, support the experience design of major projects, have more energy to do design innovation to solve the experience problem of complex business scenarios, improve the ROI of the team’s work, promote the expansion of the team’s ability boundaries, and lead the team change with the help of tools. "Peng Bo explained.

It is precisely because of the synergies brought by MasterGo that can help the team meet the current challenges. After two months of trial, the 360 design team officially switched the working platform to MasterGo. So far, 360 Digital Security Group has nearly 600 people who have collaborated online through MasterGo.

Collaboration advantages are highlighted, and design is fully efficient

"The benefits MasterGo brings to the design team are obvious, and the experience in many product functional details is also remarkable," commented Liu Bo, an experience designer at 360 Digital Security Group.

MasterGo has opened the door to the collaborative era in the domestic design field. Compared with traditional design software, the efficiency improvement advantages of online collaboration are undoubtedly highlighted. In communication, management, production and other aspects, MasterGo is helping the design team achieve comprehensive efficiency improvement.

First, the shift from offline review to online review has broken the traditional inefficient communication model. Liu Bo, an experience designer at 360 Digital Security Group, said: "Before, we could only pass documents around, and then open and view them separately. Important projects will be reviewed offline and participated in by multiple parties. Now through MasterGo, whether it is internal review or a business team participating in the review, we can complete some regular requirements online. Everyone communicates on one file, and the path is clear. In particular, online comments, circle words, text proofreading and other functions have helped us save a lot of communication costs. We can directly mark and reply to controversial places, and the efficiency of the review has also been greatly improved."

From the perspective of document management, we agree that it is very effective to manage the rights of documents through MasterGo. In the past, with traditional design software, all documents were scattered and stored on the hard disk of each designer’s own computer, which was inconvenient for unified archiving management and document sharing. When designers need to retrieve documents, they can only copy them on their own computers, and due to the frequent iteration of documents, it is also very time-consuming to find them. After migrating to MasterGo, all documents are stored together, and the iterative versions are clearly classified. Online calls are immediately available, and for users, they only need to open the corresponding permissions reasonably to see the corresponding documents. For 360’s design team, using MasterGo for unified document management provides a good foundation for the team’s future design asset management.

Many highlights in the functional details of MasterGo products have also been recognized by the design team. " For example, the automatic layout is very easy to use, you can directly define the margins, and adjust the adaptive layout with the container, which is very convenient; the component set can be customized for the same type of components; the chart creation function is also much more flexible than the local design software; the proofreading function can help product students directly mark the wrong text, reducing communication costs; the component library helps us effectively achieve the unity of the team in design specifications and styles; the resource library provides a lot of high-quality resources… "360 Digital Security Group experience designer Xuan Xuan introduced:" Overall, MasterGo’s overall performance in product function details is indeed more flexible and effective than that of the same type of products on the market. While helping the design team improve the overall efficiency, we also take care of the designer’s experience from the details. "

Two-way reuse of team libraries for effective cross-departmental collaboration

"Cost reduction and efficiency are the most important goals of the team, and the introduction of tools will strongly promote this goal, and achieve horizontal synergies within and between teams." Peng Bo shared, "Measured based on organizational goals, MasterGo is very much in line with our expectations. Within the design team, the collaborative creation of multi-person projects is significantly improved; at the same time, the collaboration between product managers and designers is sublimated, and the efficiency is also improved."

Based on MasterGo, the 360 digital security design team has created its own team library: designers have built high fidelity quality component libraries and page templates, which are open to the product side as public resources of the team library; the product team relies on this rich high fidelity resource library to quickly build prototypes through MasterGo, tools and resources form a collaborative bond, document circulation and reuse are effective, and product and design are collaborated on the same platform. Solve a series of high-cost problems caused by inconsistent tools and incompatible document formats between posts under the traditional collaboration process, which is the breakthrough advantage of MasterGo in cross-departmental collaboration.

"We opened up public design resources on the product side and provided corresponding tutorial help, and this path was quickly cleared. So far, we have achieved deep collaboration between production and design in some key business scenarios," Peng Bo said. "Similarly, the high fidelity prototype output on the product side, the design can be smoothly connected, and the design work is based on the source file that can be edited twice. The layout and visual design are further improved, and there is no need to rebuild the design from 0 to 1."

From product-side reuse of component libraries and page templates to design-side reuse of prototypes to refine output high fidelity designs, MasterGo helped the 360 team achieve two-way reuse of team library resources. The change of the entire process saved a lot of manpower and time costs, thus improving the overall collaboration efficiency of product managers and designers, and achieving effective collaboration across departments.

"In addition, as a digital security company, asset security is also an important factor for us to consider. In addition to the excellent online collaboration function, we chose to cooperate with MasterGo because it is a domestic design collaboration tool with private deployment, which meets the relevant requirements of our data asset security control. MasterGo provides an excellent solution for domestic companies with the same requirements."

Peng Bo, the head of user experience design of 360 Digital Security Group, affirmed MasterGo, which also represents the team’s recognition of the achievements of the two parties in co-creation practice. MasterGo, which is committed to providing users with enterprise-level solutions, will create more excellent practice cases for domestic enterprises in the process of growing together with co-creation customers.

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Hengda Motor denies "indefinitely postponing pre-sale": Affected by the pandemic, the production time of Hengchi 5 has been adjusted to September 20, 2022

On May 18, according to Sina Finance, market news said that Hengda Automobile had indefinitely postponed the pre-sale of electric vehicles, causing heated discussions on the Internet.

"Today, the market news circulating on the Internet about’Evergrande Automobile’s indefinite postponement of electric vehicle pre-sale ‘is seriously untrue. Affected by the epidemic, the original production time of Hengchi 5 was adjusted to June 22, 2022, and the pre-sale work is progressing normally."

According to the official ********** release of Hengchi Automobile, on April 21, three Hengchi 5 appeared in the Guangzhou Hengda Center, and Xu Jiayin, chairperson of Hengda’s board of directors, brought the management team to experience Hengchi 5 in an all-round way. Previously, the media reported that Hengchi 5 will start pre-sale on May 20, with a deposit of 1,000 yuan. Hengchi 5 is the first mass-produced model of Hengda Automobile, positioned as a pure electric A-class SUV. The first car has been successfully rolled off the assembly line on December 30, 2021, 12 days earlier than the original time.

IT Home learned that Xu Jiayin, chairperson of the board of directors of Evergrande Group, held a "three-month big job" on March 22.

On April 30, Hengchi Auto officially announced the recruitment of authorized agents, and gave a detailed introduction to the sales channel model, store construction standards, investment promotion policies, qualification requirements and franchise process. The investment cities are 18 cities including Beijing, Shanghai, Guangzhou, Shenzhen and Chengdu, which are basically first-tier, new first-tier and provincial capital cities. On May 8, the first round of authorized agent recruitment closed. According to the Red Star Capital Bureau, some dealers expressed a wait-and-see attitude towards the Hengchi brand.

Hengchi 5 is positioned as a pure electric A-class SUV. The new car is equipped with H-type through-type LED headlights and 21-inch wheels. The length, width and height of the model are 4725mm/1925mm/1688mm respectively, and the wheelbase is 2780mm. Equipped with lithium iron phosphate battery provided by Ningde Times and drive motor produced by United Automotive Electronics Co., Ltd., the peak power is 150kW and the rated power is 60kW. The market price is about 200,000 yuan, and the NEDC cruising range will exceed 700km.