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The Institute of Artificial Intelligence of Harbin Institute of Technology unveiled the high-end forum of ＂Creating the Future with Wisdom＂.

News from Harbin Institute of Technology (Liu Peixiang/Wen Liqi, Sun Zhuo/Photo) On the morning of May 5, the unveiling ceremony of the Institute of Artificial Intelligence of Harbin Institute of Technology and the high-end forum on "Creating the Future with Wisdom" were held in the Science Park International Conference Center. Li Mingchun, Deputy Secretary-General of Heilongjiang Provincial Government, and Xiong Sihao, Executive Deputy Secretary of the Party Committee of Heilongjiang University, delivered speeches at the meeting and unveiled the Institute. Vice President Han Jiecai presided over the unveiling ceremony.

Li Mingchun said in his speech that the establishment of the Institute of Artificial Intelligence is another important measure for Harbin Institute of Technology to embody "the first source of technological innovation in Longjiang" and help the revitalization and development of Longjiang. Science and technology make the nation prosperous, and science and technology make the country strong. The Heilongjiang Provincial Party Committee and the provincial government have always insisted on promoting local economic development with scientific and technological innovation, thoroughly implemented the spirit of the important instructions of the Supreme Leader General Secretary when he visited Heilongjiang Province, constantly strengthened the construction of innovation ability, strengthened the transformation of scientific and technological achievements, and regarded the artificial intelligence industry as an important field to cultivate new economic growth points. At the beginning of this year, Heilongjiang Province issued the "Three-year Special Action Plan for Artificial Intelligence Industry", hoping to promote the industrialization of artificial intelligence by strengthening the construction of artificial intelligence innovation ability and realize the coordinated development of innovation chain’s industrial chain and value chain. Over the years, Harbin Institute of Technology has been deeply rooted in Longjiang, making great contributions to China’s national defense and aerospace industry and national economic construction, and has achieved a number of major achievements with international leading level. It is also one of the earliest universities in China to carry out artificial intelligence research. The provincial party committee and government will fully support the development of the research institute, hoping that the research institute will carry out solid and effective work in artificial intelligence basic theory research, core key technology research, support platform construction, innovative application and industrial development, and produce fruitful results as soon as possible.

In his speech, Xiong Sihao reviewed the development of artificial intelligence in the world and China, and introduced the unremitting exploration in the field of artificial intelligence in our school for many years, especially a series of widely used achievements in the fields of handwritten text image recognition, sentence-level pinyin input method, machine translation, and a large number of outstanding talents delivered by our school for the field of artificial intelligence. He said that with the emergence of technologies such as deep learning, artificial intelligence has entered a new stage of development, and the rapid development of artificial intelligence in the future will profoundly change human social life and change the world. In 2017, the State Council officially released the Development Plan of New Generation Artificial Intelligence, and the provincial party committee and government also put forward clear hopes for the establishment of an artificial intelligence research institute. The school attaches great importance to the development of artificial intelligence, actively responds to the national deployment and local needs, seizes the major strategic opportunity of the development of artificial intelligence, and establishes an artificial intelligence research institute to support scientific research in the field of artificial intelligence. The research institute will fully integrate the superior resources inside and outside the school, break down the barriers between departments in the campus, promote the development of interdisciplinary integration, and deeply integrate with the industry, and strive to build a domestic first-class and internationally influential specialized research institution of artificial intelligence, making greater contributions to Longjiang’s economic development and national scientific and technological progress.

Academician Gao Wen, director of the Academic Committee of the Institute of Artificial Intelligence and alumnus, delivered a video speech to congratulate the establishment of the Institute, and hoped that Harbin Institute of Technology would continue to play a leading role in the field of artificial intelligence and provide a platform for young talents to devote themselves to artificial intelligence research; I also hope that young scholars will actively carry out cutting-edge, innovative and leading research to promote the innovative development of China’s artificial intelligence industry. Wang Haifeng, vice president of Baidu and president of Baidu Research Institute, Bill F. Spencer Jr of Illinois State University at Urbana-Champaign, and Professor Dang Jianwu of Tianjin University delivered speeches at the meeting.

In order to better unite the wisdom of experts, scholars and representatives of industrial enterprises, gather wisdom to tackle key problems, offer suggestions and suggestions, and jointly promote the rapid development of the Institute, the Institute has set up an academic committee. Academician Gao Wen served as the director of the academic membership association. From IBM and Microsoft, the first batch of national artificial intelligence open innovation platforms Baidu, Ali, Tencent and Iflytek, as well as famous experts, scholars and industry leaders from famous universities and research institutions at home and abroad, such as the United States, Germany, Canada and Hong Kong, China, served as members of the Academic Committee. At the meeting, Xiong Sihao presented letters of appointment to members of the academic committee.

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After the establishment of the Institute of Artificial Intelligence, it will be established in eight directions according to four levels: theory, technology, platform and application, artificial intelligence foundation and machine learning, intelligent control theory, brain science and brain-like intelligence, machine perception and pattern recognition, natural language processing and knowledge engineering, hybrid enhanced intelligence, autonomous intelligence and artificial intelligence applications (including intelligent manufacturing, intelligent civil engineering, intelligent finance and business, intelligent pension, intelligent remote sensing, etc.). The first batch of 30 researchers will be stationed in the research institute, focusing on a group of outstanding young and middle-aged scholars in the field of artificial intelligence in the school. Facing the development of artificial intelligence science, technology and industry, the research institute will gather first-class research teams, create first-class research results, train first-class scientific and technological talents and build a world-class artificial intelligence innovation base.

At the high-end artificial intelligence forum of "Creating the Future with Wisdom", Zhang Tong, director of Tencent’s artificial intelligence laboratory, Shen Xiaowei, global vice president of IBM, president of IBM China Research Institute and chief technology officer of IBM Greater China, Zhang Jianwei, director of the Institute of Multimodal Technology of Hamburg University in Germany, academician of Hamburg Academy of Sciences in Germany, vice president of Microsoft Asia Research Institute and alumnus Zhou Ming, president-elect of International Association of Computational Linguistics (ACL), respectively made "AI Industry Development and Tencent Practice" and "Anticipating the Innovation in the Age of Artificial Intelligence".

In the afternoon, the Academic Committee of the Institute held its first meeting to conduct in-depth discussions and exchanges on the future development and construction planning of the Institute.

Famous experts and scholars from home and abroad, representatives of industrial enterprises, leaders of relevant departments of provinces and cities, Xu Xiaofei, vice president of our school and president of Weihai Campus, heads of relevant units of our school, teachers and students of relevant colleges attended the unveiling ceremony and forum.

Unveiling ceremony and high-end forum site

Speech by Li Mingchun, Deputy Secretary-General of the Provincial Government

Speech by Xiong Sihao, Executive Deputy Secretary of the Party Committee of our school.

Vice President Han Jiecai presided over the unveiling ceremony.

Speech by Wang Haifeng Alumni

Speech by Professor Bill F. Spencer Jr

Speech by Professor Dang Jianwu

Artificial intelligence research institute unveiled

Issue letters of appointment to members of academic committees

Dean Wang Yadong introduced the general situation of the Institute.

academic lecture

The high-end layout has achieved results, and Xiaomi 2023 has made a new starting point.

Winter is getting farther and farther away, people are good with spring, and everything can be expected. After experiencing many uncertain challenges, Xiaomi Group ran out of profit in 2022, and it is likely to usher in another wave of upside in 2023.

On March 24th, Xiaomi Group released its annual financial report for 2022. The financial report shows that in 2022, Xiaomi achieved a total revenue of RMB 280 billion and an adjusted net profit of RMB 8.5 billion. Innovative business expenses such as smart electric vehicles are RMB 3.1 billion, and R&D expenditure in 2022 increased by 23% year-on-year.

The macroeconomic downturn, global inflation, the impact of the epidemic, consumer demand has been seriously challenged. IDC, an international data company, reported that in 2022, China’s smartphone market shipped about 286 million units, down 13.2% year-on-year, the biggest drop ever. After a lapse of 10 years, the shipments of smart phones in China once again fell to the market below 300 million yuan.

In the face of extremely difficult market environment, Xiaomi has enhanced its brand competitiveness with high-end strategy in the past three years, and the promotion of high-end strategy has achieved initial results. According to the financial report, Xiaomi’s global smartphone shipments remained the third, reaching 150 million units, and smartphone ASP achieved three consecutive years of growth. The monthly active users of Xiaomi’s global smartphones also ushered in a record high. As of December 2022, the number of monthly active users of MIUI worldwide increased by 14.4% year-on-year to 582 million, and the sustained growth momentum presented and promoted the company’s resilient development.

At the beginning of this year, Lei Jun, the founder of Xiaomi, recently issued an internal letter saying that 2023 is a year for Xiaomi to start a new development cycle, and it is also the time for a series of profound changes to enter the deep water area. The group is at the starting line of a new stage.

According to the data released by the National Bureau of Statistics, many economic indicators showed positive changes, and the economic recovery started. Guosheng Securities believes that consumer electronics will experience a weak demand side in 2022 and is expected to usher in a replacement cycle repair in the next two years. This year, Xiaomi Group launched a new business strategy of "paying equal attention to scale and profit", and built up a strengthened system capability, laying a solid foundation for the long-term development in the next 5-10 years, and fully preparing for a new round of outbreaks in the next 2-3 years.

High-end strategy has achieved initial results

With the low-end market share, China brand has occupied more than half of the global mobile phone market, which on the one hand makes the market scale, on the other hand makes the brand face the dilemma of positioning and profit, and seriously limits its innovation ability. Standing at an important turning point of high-quality economic development, high-end layout has become the general trend of the transformation and upgrading of China brands and China manufacturing.

In 2022, the average selling price (ASP) of Xiaomi’s global smartphones reached a record high, reaching RMB 1111. At the same time, in the fourth quarter of 2022, the smartphone ASP in Xiaomi mainland increased by over 14% year-on-year, and the shipment of high-end smartphones (RMB3,000 and above) accounted for 6.8 percentage points year-on-year. According to third-party data, in the fourth quarter of 2022, the sales volume of Xiaomi smartphones in Chinese mainland market ranked first in the price range of RMB 3,000-4,000, and second in the price range of RMB 4,000-5,000.

In view of the trend of younger and more entertaining consumption and the increase of female users, in July 2022, Xiaomi launched the first Xiaomi 12S Ultra equipped with two self-developed chips, namely, 澎湃 G1 and 澎湃 P1, to realize the combination of one-inch outsole and Leica image aesthetics, and to provide a brand-new mobile image experience for image lovers. In August 2022, Xiaomi launched a new generation of folding screen flagship Xiaomi MIX Fold 2 to help Xiaomi open the ultra-high-end market of folding screen. The "high-end stable price" strategy maintained by these two high-end models during their life cycle has effectively promoted the rise of Xiaomi ASP, and is also conducive to Xiaomi’s further promotion of high-end strategy.

At the end of 2022, Xiaomi teamed up with Leica to build the Xiaomi 13 series with self-developed chips, and with the new MIUI14 system, the smooth experience was improved by 60%. Under the blessing of aesthetics and algorithms, the image experience was even better. It is reported that the Xiaomi 13 series has been ranked first in the price range of RMB 4,000-6,000 in the Android camp in Chinese mainland market for 7 consecutive weeks. As of January 12th, 2023, the favorable rate of this series in JD.COM was over 99%, which attracted loyal powder and iron powder, and will also witness and promote Xiaomi to grow into a high-end brand.

Dare to invest in the long run

Since 2007, smart phones in China have developed for nearly 16 years. Being a brand lies in the morning and evening, and so does being a high-end brand. Long-term activists should lay out the present based on the future.

High-end products depend on high-end technology. It can also be seen from the financial report that even under the pressure of internal and external pressure in 2022, Xiaomi still attaches importance to research and development and dares to invest. In 2022, Xiaomi Group’s R&D expenditure was RMB 16 billion, up by 23% year-on-year, with a five-year compound growth rate of 38.4%. Xiaomi estimates that the total R&D investment in five years (2022 -2026) will exceed RMB 100 billion. By December 2022, the proportion of Xiaomi R&D personnel in the total staff has increased to nearly 50%, accumulating human resources for continuous development and innovation.

The technological innovation in the intelligent era is a multi-dimensional integration of cross-industry, cross-scene and cross-region. Xiaomi actively deploys smart phones, smart cars, robots and other fields. It is estimated that the total R&D investment will exceed RMB 100 billion in five years (2022 -2026), and a perfect talent incentive mechanism will be established. By the end of 2022, Xiaomi’s R&D personnel accounted for nearly half, and held a million-dollar technology award for four consecutive years.

China brand has enjoyed the dividend of digital development, but the appearance of high-end final results still needs to go through many tests. Firmly believe and persist in investment, there will be accumulation and opportunities.

Going to overseas differentiation strategic market

"The macro environment will gradually improve, and it will still take some time for a full recovery." Lu Weibing, president of Xiaomi Group, attended the telephone call for the first time, and said that 2022 will be a year in which Xiaomi’s ability will be reborn. Looking forward to 2023, Xiaomi will still have to "cross the cycle". Crossing the cycle is not an easy task. The high-end strategy promotes Xiaomi products and brands to leap upwards, go overseas and seek a bigger world in a wider and higher place.

According to Xiaomi Group’s financial report, 75% of the global shipments of smartphones in 2022 came from overseas markets. "Focus on steady operation and differentiate our strategic market", Lu Weibing stressed at the telephone conference that Xiaomi will promote high-end brand in key markets around the world. At present, China mobile phone manufacturers still rely on low-end models to achieve "scale" overseas. It is reported that the international version of Xiaomi 13 series has been released in March this year. Whether the high-end flagship of Xiaomi it represents can really "profit" overseas, I believe the market will give an answer soon.

In addition to mobile phone products, Xiaomi’s overseas Internet business grew strongly in 2022, and its total annual revenue increased by 35.2% year-on-year to RMB 6.8 billion. In the fourth quarter of 2022, Xiaomi’s overseas Internet service revenue increased by 19.4% year-on-year, reaching RMB 1.9 billion, a record high, and its proportion in the overall Internet service revenue increased to 26.1%. As an important advantage of Xiaomi, the scale effect of intelligent hardware and digital ecological operation give Xiaomi the growth through different cycles.

Intelligent ecology strengthens core values

Based on the huge hardware installation base, Xiaomi has put high-quality, cost-effective and other rich product combinations into different life scenes through artificial intelligence technology and the Internet of Things, linking thousands of active users, stimulating the stickiness of high-frequency consumption, and building a smart ecosystem of Xiaomi, which has always been the core value of Xiaomi.

The product-side force leads to the user experience. In the financial report, it is directly reflected in the corresponding data growth. In 2022, the global shipment of Xiaomi Smart TV reached 12.4 million units, and the annual revenue of smart home appliances increased by over 40% year-on-year. In the fields of office and family entertainment, the annual shipments of Xiaomi tablet increased by over 160% year-on-year, and the shipments in Chinese mainland in the fourth quarter reached a single-season high. According to Canalys data, in 2022, the market share of Xiaomi tablet in Chinese mainland increased to the third place, and its leading edge continued to be released.

The synergy between channel layout and product structure has been further deepened. In 2022, the GMV of channel AIoT products under Xiaomi line increased by over 27% year-on-year, maintaining a good growth trend.

The financial report shows that in 2022, Xiaomi’s revenue from IoT and consumer products reached RMB 79.8 billion, of which the revenue in the fourth quarter was RMB 21.4 billion, achieving a 12.5% month-on-month increase. As of December 31, 2022, the number of connected devices (excluding smartphones, tablets and laptops) on Xiaomi AIoT platform increased by 35.8% year-on-year to 589 million; In December 2022, the number of monthly users of Xiaoai and Mijia APP increased by 7.1% and 18.6% respectively, reaching 115 million and 75.8 million.

Large-scale ecological creation tests the R&D and manufacturing capabilities behind the products, but ultimately depends on the improvement of efficiency and benefits brought by digitalization. This year, Xiaomi put forward the business idea of "paying equal attention to scale and profit" for the first time. At the same time, the Group Management Committee and the Group Human Resources Committee were established to coordinate and optimize the strategic structure, operation management and resource allocation, focus on improving quality and efficiency, and promote the construction of professional long-term management system.

It is foreseeable that the headwind factors brought by the macro-environment are gradually easing, and consumer demand and the vitality of scientific and technological innovation continue to be released. However, Lu Weibing stressed that Xiaomi should be cautiously optimistic about the market in 2023, "strengthen risk management and pay attention to steady operation." He hopes that by improving the internal efficiency of Xiaomi, the profit target will be finely managed at the executive level.

With caution and optimism, it remains to be seen how Xiaomi will perform in the new year as the company promotes innovative business, continues to tackle key scientific and technological problems and improve its management model.

PPE platform Porsche pure electric Macan launched in China

　　[New Car Launch in car home] On the night of Porsche on April 23rd, Porsche pure electric Macan made its domestic debut, and the price of the new car will be announced at the Beijing Auto Show, which opened on April 25th. Although it has the same name as the fuel version of Macan, it is not an oil-to-electric vehicle, but a brand-new electric vehicle based on PPE pure electric platform, which is an advanced electric vehicle platform jointly used by Porsche and Audi. With 800V high-voltage platform technology, compared with the previous generation of electric vehicles, the three-electric system is fully optimized, bringing longer battery life, faster charging speed and better space experience. The pure electric Macan is positioned as a medium-sized SUV, and its exterior and interior are rebuilt, adopting the latest design concept of Porsche.

Home of the car

Home of the car

『Macan 4』

Home of the car

『Macan Turbo』

Home of the car

"Olympic champion Gu Ailing speaks for Porsche"

　　Although this is a brand-new model, it still follows the name of Macan. As a successfully sold model, Macan has won the hearts of the people, and launching products with this name will make everyone know it quickly. Of course, from the outline of the shape, you can still find the shadow of Macan, proving that they are the same family members.

Porsche Macan new energy 2024 Macan 4

『Macan 4』

Porsche Macan new energy 2024 Macan Turbo

『Macan Turbo』

Porsche Macan new energy 2024 Macan 4

Porsche Macan new energy 2024 Macan 4

　　Macan has two models, Macan 4 and Macan Turbo, with different appearance kits. The front face adopts split headlight design and introduces the latest family language. The style of daytime running lights is similar to that of Cayenne. The lines on the front hatch cover raised by the daytime running lights group increase the muscle feeling of the car and become more sporty. The daytime running light bulges upward, which is a classic design of Porsche family. The front enclosure has a huge front spoiler, which shows the motion characteristics of the vehicle.

Porsche Macan new energy 2024 Macan 4

Porsche Macan new energy 2024 Macan 4

　　On the side of the car body, you will see the classic outline of Macan. The unique shape makes it look round and dynamic. The pure electric Macan has a shorter front and rear suspension and a larger wheelbase. In terms of vehicle size, the length, width and height of pure electric Macan are 4784/1938/1622mm and the wheelbase is 2893mm respectively. Because of getting rid of the internal combustion engine, the front trunk with a volume of 84L can be provided, and the normal and expanded trunk has a volume of 540-1348L, while the Turbo model has occupied some trunk space with a volume of 480-1288L due to the sound system.

Porsche Macan new energy 2024 Macan 4

『Macan 4』

Porsche Macan new energy 2024 Macan Turbo

『Macan Turbo』

Porsche Macan new energy 2024 Macan 4

Porsche Macan new energy 2024 Macan 4

　　At the rear of the vehicle, the fixed spoiler extended from the roof of Macan was "hidden" under the rear windshield of pure electric Macan, and this time it became an electrically adjustable rear spoiler. The lighting effect of the penetrating taillight is very good, and the rear camera and the electric trunk button are integrated inside.

Porsche Macan new energy 2024 Macan 4

Porsche Macan new energy 2024 Macan 4

Home of the car

Porsche Macan new energy 2024 Macan 4

Porsche Macan new energy 2024 Macan 4

Porsche Macan new energy 2024 Macan 4

Porsche Macan new energy 2024 Macan 4

　　In the interior, the T-shaped area of the center console maintains a high degree of consistency with Cayenne. Like Cayenne, it has a triple screen design, which highlights the sense of technology and luxury. The overall shape is still centered on the driver, and the gear handle is moved to the right side of the steering wheel. Vehicles are PCM equipped with Android Automotive OS car operating system, and Porsche Application Center that can download third-party applications, which can download more apps and support CarPlay mobile phone mapping. My Porsche application can remotely control charging and in-vehicle functions. All three screens can display relatively comprehensive information, including navigation, music, Bluetooth phone and so on.

Porsche Macan new energy 2024 Macan 4

Porsche Macan new energy 2024 Macan 4

Porsche Macan new energy 2024 Macan 4

Porsche Macan new energy 2024 Macan 4

Porsche Macan new energy 2024 Macan 4

　　The front seats support heating and ventilation, the front and rear air conditioners have independent control areas, the integrated seats have good wrapping, the frameless doors look quite sporty, and the atmosphere lights on the doors and the center console create a luxurious atmosphere.

Home of the car

Home of the car

　　In terms of power, the pure electric Macan will adopt the latest generation of permanent magnet synchronous motor (PSM) with front and rear dual-motor four-wheel drive. The maximum power is 300 kW and the maximum torque is 650 Nm; Macan Turbo has a maximum power of 470 kW and a maximum torque of 1130 Nm. In order to improve the efficiency, silicon carbide is used as the semiconductor material in the rear-axle pulse inverter (PWR), which greatly reduces the conversion loss of the pulse inverter and realizes a higher conversion frequency. The new car is equipped with a lithium-ion battery with a total capacity of 100kWh, which is divided into 12 modules with a total of 180 square cells, of which the ratio of nickel, cobalt and manganese is 8:1:1. The acceleration of 0-100km/h is 5.2 seconds for Macan 4 and 3.3 seconds for Macan Turbo.

　　Thanks to the technical architecture of 800V, the maximum charging power of Macan can reach 270kW, and it can be charged from 10% to 80% in 21 minutes at the earliest. If the charging pile can only use 400V technology, pure electric Macan will start the "combined charging" function to speed up the charging process. The "combined charging" function can effectively divide the 800V battery into two batteries, each with a rated voltage of 400V, which can be charged in a 400V charging pile in parallel. In terms of endurance, Macan 4′ s comprehensive cruising range WLTP is 613km and Macan Turbo is 591km. (Text/car home Qin Chao)

Many countries encounter heat waves, high temperature breaks through historical extremes, and climate warming intensifies the frequency of extreme weather.

A rare heat wave is raging in the northern hemisphere. At 6 o’clock on August 22, the Central Meteorological Observatory issued the highest level warning of high temperature in China-high temperature red warning for the 11th consecutive day. Not only in China, but also in Spain, Portugal, France, Britain and other places, heat waves with high temperature exceeding 40℃ have broken through historical extremes in many places, threatening human health, power supply, agricultural production and water resources.

Why is the heat wave coming? Will extreme weather become the norm in the future? According to the meteorologists interviewed, it is very rare to see the intensity and frequency of extreme weather this year. In addition to short-term direct meteorological factors, there has been a lot of evidence that this is closely related to long-term climate change. Climate change has once again sounded the alarm for the whole world.

High temperature and heat waves generally hit the northern hemisphere, and temperatures in many countries broke historical records.

The whole world is as cool and hot as this-at this moment, people in the whole northern hemisphere feel it particularly vividly.

"China has experienced the strongest high temperature process since there was a complete meteorological observation record in 1961. This process has the characteristics of long duration, wide range, high intensity and strong extremes." According to Zhou Bing, chief expert of climate service of the National Climate Center, as of August 21st, the duration of high-temperature events in China this summer (70 days), the coverage of high-temperature areas above 40℃ (1.5 million square kilometers), the maximum temperature intensity of a single station (45℃) and the number of stations with historical extremes broken or flat by the National Meteorological Station (330 stations) all set new records.

Looking around the world, the crimson and orange on the temperature map symbolize the high temperature weather above 35℃, which are widely distributed in Europe, North Africa, North America, East Asia and other places. In just one month, Europe experienced two rounds of heat waves. According to the World Meteorological Organization, the current heat wave sweeping Europe will continue, and the negative effects of climate change such as high temperature will last at least until the 1960s.

The decrease of river water level, the increase of forest and grassland fire risk, the drought of crops, the shortage of power and water resources … The heat wave brings not only somatosensory heat, but also a series of secondary disasters.

The unusually high temperature and rainfall are significantly less than in previous years, and the drought in many places in Europe is serious. "From the dry and cracked reservoirs in Spain to the drop in water levels of major rivers such as Danube, Rhine and Po, an unprecedented drought is sweeping across nearly half of Europe." The Associated Press reported that there was no obvious precipitation in most parts of continental Europe in the past two months, and some experts called it "the worst drought in 500 years".

The high temperature and drought caused the river water level to drop seriously, and the riverbed was exposed, making it difficult for ships to sail. The Rhine River is an important inland waterway in Europe, which flows through Germany, France, the Netherlands, Switzerland and other countries and is known as the "golden waterway". German federal and local waterway and shipping management agencies have warned many times recently that the waterway water level near many cities along the lower reaches of the Rhine River has set a new record, which has led to a sharp decrease in shipping volume and the actual load of ships is less than half of the normal situation.

Long-term high temperature combined with protracted drought has sharply increased the threat of forest fires. According to the data of the European Forest Fire Information System, more than 50,000 hectares of forests in France have been burned by fires this year, which is more than three times the average level in the past decade. Large-scale forest fires have also occurred in California, USA.

In the Po River region of Italy, severe drought caused rice fields to dry up and lack water. Local farmers estimate that this year’s rice harvest may be "halved". The German Farmers’ Association recently warned that in the case of continuous drought, we should be alert to crop failures and price increases. If it doesn’t keep raining as soon as possible, the harvest may be reduced by 30% or 40%.

Extreme high temperature also poses a threat to human health. "Heat will cause disease, and heat stress and high concentration of ground ozone will have a serious impact on health." Klaus reinhart, president of the German Medical Association, said about the impact of this wave of heat waves in Europe. The French health department warned that during the heat wave, the number of people seeking medical treatment increased significantly due to overheating and dehydration.

　Climate warming intensifies the instability of the climate system and is more likely to lead to extreme weather and climate events.

Why is the high temperature event "long standby"? Meteorological observations can provide direct and short-term explanations. High temperatures are often caused by specific weather systems, the most common of which is subtropical high. The area under its control is prevalent in downward flow. On the one hand, air subsidence will compress and warm up; on the other hand, the upward movement is weak, and there is little rain in partly cloudy.

"The extreme high temperature in the northern hemisphere is caused by multiple factors, and the continuous abnormal atmospheric circulation is a direct cause." Zhou Bing told reporters that the western Pacific subtropical high belt, the Atlantic high belt and the Iranian high pressure have all been strengthened in stages, thus forming a large-scale warm and high pressure belt around the northern hemisphere, which makes the hot air stay near the ground and cannot be dispersed, and then there is a high-temperature heat wave event.

La Nina climate events have contributed to the atmospheric circulation anomalies. La Nina refers to the phenomenon that the seawater in the equatorial, Middle East and Pacific Ocean is unusually cold, which can cause changes in atmospheric circulation and then affect the climate. "Since this spring, the La Nina event in the equatorial eastern Pacific has intensified, and the SST anomaly in the Indian Ocean has pushed the subtropical high to continue to increase." Zhou Bing said.

Considering from a longer climate scale, global warming is the background of high temperature heat wave in the northern hemisphere. The long-term climate change caused by human activities is the deep-seated reason for the increase in the frequency and intensity of extreme weather.

"Climate warming will change the global ocean and atmospheric circulation situation, and further affect the local climate through the interaction between ocean and atmosphere, land and atmosphere. Climate warming intensifies the instability of the climate system and is more likely to lead to extreme weather and climate events. " Chao Qingchen, director and researcher of the National Climate Center, told the reporter that the overall feature of climate change is to aggravate the instability of the global climate, and the impact and risks on natural ecosystems and economic and social systems are becoming increasingly serious.

According to the sixth assessment report of the United Nations Intergovernmental Panel on Climate Change (IPCC), global warming is occurring at an unprecedented rate since 2000 in the last 50 years. The report released by the World Meteorological Organization shows that in the past 50 years, due to the impact of climate change, the number of disasters has increased fivefold and the disaster losses have increased more than sevenfold.

"Climate change has led to a trend of frequent, extensive, strong and concurrent extreme weather and climate events." Zhou Bing mentioned that the compound disasters caused by extreme weather are increasing. High temperature, heat wave and drought may occur more frequently, accompanied by the risk of wildfire; In some places, the possibility of compound flood has increased, and this possibility will continue to increase due to rising sea level and increasing precipitation intensity.

According to Zhou Bing’s observation, compared with several high-temperature events since the beginning of this century, this year’s heat wave has an obvious trend of advancing and strengthening in both the starting time and the extreme degree.

In the future, will the "hottest" become the norm?

According to the World Meteorological Organization, due to the influence of climate change, it is expected that extreme high temperatures will appear more frequently and more strongly in the future. Nalis, a spokesman for the organization, said that if greenhouse gas emissions continue to rise, global warming will be even greater, and what we are experiencing now is only a "harbinger of the future".

"Due to the intensification of global warming, the frequency of events such as extreme high temperature and extreme heavy precipitation has accelerated and the cycle has been shortened. The original once in 50 years has become once in 20 years or even 10 years. Every 1℃ increase in global temperature leads to an increase of 7% in extreme precipitation intensity. Every 0.5 C warming in the future will significantly change the frequency of extreme temperature events. " Zhou Bing said that the extreme high temperature staged in the world may herald the coming of the "40 C era in the northern hemisphere", but this needs further observation and scientific confirmation.

　Rare extreme weather has sounded the alarm for the whole world, and it is urgent to deal with climate change.

The heat wave even rushed to the polar regions. "The temperature in Greenland is close to 60 degrees Fahrenheit (about 15.5 degrees Celsius), and warm weather like today is enough to wear short sleeves." On July 19th, in Greenland, an extremely cold place, a reporter appeared in the news screen wearing a thin T-shirt.

Greenland is the largest island in the world, most of which is located in the Arctic Circle, and about 80% of the island’s land is covered by ice sheets. This summer, the temperature in the Arctic Circle soared to 32.5℃, and the ice sheet in Greenland is melting at an alarming rate. According to data from the National Snow Data Research Center, from July 15th to 17th, the Greenland ice sheet lost about 6 billion tons of ice every day, enough to fill 7.2 million Olympic swimming pools. If the negative effects of climate change such as high temperature continue, the Greenland ice sheet will melt completely and the global sea level will rise by 7.5 meters.

In mid-March this year, the temperature in some parts of the Arctic was about 30℃ higher than the average level in the same period of last year. Many research stations in Antarctica have measured record high temperatures. The temperature at Concordia Antarctic research station is about 40℃ higher than the average level in the same period of last year, and the temperature at Kunlun Station in Antarctica in China has increased by 38.1℃ within 4 days. "The seasons in the north and south poles are opposite, but it is rare to see extreme hot weather at the same time. This is absolutely unusual." Zhou Bing said.

All kinds of unusual things have sounded the alarm for the whole world.

The research of Nobel Prize winners in physics, Shuro Kuniko and Klaus Hasselman, intuitively pointed out the relationship between greenhouse gas emissions and global warming: if the atmospheric carbon dioxide concentration doubles, the global average temperature will rise by more than 2℃. Accordingly, the Paris Agreement puts forward the goal of "keeping the global average temperature rise within 2℃ relative to the pre-industrial level by the end of this century and making efforts to control the global average temperature rise within 1.5℃".

Significantly reducing greenhouse gas emissions is related to the future and destiny of mankind. In 2021, the global average temperature was 1.11℃ higher than the pre-industrial level. In April this year, the IPCC said through the report of Working Group III in the Sixth Assessment Report that the world is at a crossroads where it is now or never. "If you want to control global warming within 1.5℃, you should either act now or never (fail to meet the standards), so all departments need to carry out deep emission reduction." Jim Ski, co-chairman of Working Group III, said.

"China has actively participated in global climate governance, implemented a national strategy to deal with climate change, promoted industrial restructuring and energy structure optimization, and accelerated the construction of a’ double carbon’ policy system, and achieved remarkable results in carbon emission reduction." According to Zhou Bing, in the past decade, China’s energy consumption intensity has been reduced by 26.2%, which is equivalent to using about 1.4 billion tons of standard coal less and emitting about 2.94 billion tons of carbon dioxide less. In 2020, China’s carbon emission intensity will decrease by 18.8% compared with 2015 and 48.4% compared with 2005, exceeding the target of 40%-45% promised to the international community.

The unbearable heat has also made people have a more real experience of global warming. "In terms of emission reduction, we often say that there are five levels: international social experience and mutual cooperation, national or regional independent contributions and policy-level attention, industry and enterprise carbon emission constraints and efforts, active participation of communities and the public, and scientific dissemination of green and low-carbon concepts of associations." Zhou Bing said that the public is not detached from the issue of climate change, and energy conservation and emission reduction require the joint efforts of all walks of life in the whole society.

Pay equal attention to mitigation and adaptation, enhance climate resilience and build a climate-adaptive society.

Reducing emissions is not the only action to deal with climate change. Mitigation and adaptation are two major strategies to deal with climate change, which complement each other and are indispensable.

"Mitigation refers to reducing greenhouse gas emissions through long-term adjustment of economic systems and natural ecosystems such as energy and industry. Adaptation refers to the climate change that has occurred and is expected to occur, through the adjustment of natural systems and human systems, to reduce the adverse effects of climate change on social and economic development and ecosystems, and to make full use of favorable factors. " Nest clearing dust said.

Slow down is the fundamental solution, but adaptation is also essential to solve the immediate problems. In the view of Chao Qingchen, the necessity can be understood from two aspects: first, climate change has already occurred, and its negative impact cannot be minimized if it is not adjusted and changed through adaptive means. Secondly, it takes time for mitigation measures to have an effect. Greenhouse gases have a long "life span". Even if emissions are reduced, past and present emissions will continue to affect the climate system, and the consequences will be manifested for a long time, such as sea level rising in the next few hundred years. Therefore, for the risks that have occurred and are about to occur, we must rely on adaptive measures to reduce the adverse effects.

China has always been adhering to the concept of paying equal attention to mitigation and adaptation, and taking active adaptation to climate change as an important part of implementing the national strategy of actively responding to climate change. Not long ago, the National Climate Change Adaptation Strategy 2035 was released, and it was proposed that by 2035, "a climate-adapted society will be basically completed".

Huang Gang, a second-level researcher in lasg, said in an interview with this reporter that according to the Action Plan for Urban Adaptation to Climate Change, the goal of building a climate-adapted city is to "significantly enhance the city’s ability to cope with waterlogging, drought and water shortage, high-temperature heat waves, strong winds and freezing disasters, and comprehensively improve its ability to adapt to climate change". "Similarly, a climate-adaptive society is a society with strong adaptability under changing climate conditions."

Try your best to prevent, focus on reducing, enhance climate resilience, and improve disaster prevention and mitigation capabilities. "Strengthening the early warning of extreme weather and climate events is the first line of defense for disaster prevention and mitigation." Chao Qingchen said that in the future, it is necessary to strengthen the comprehensive on-the-spot monitoring of extreme weather and climate and the understanding of the fine characteristics of disastrous weather and climate. Zhou Bing believes that global warming has brought new challenges to meteorological disaster prevention and mitigation, and it is necessary to continuously strengthen the disaster risk management ability of the whole society and the public’s awareness of disaster prevention and mitigation to minimize the impact of disasters.

Many interviewed experts said that in the face of increasingly frequent and intense extreme weather, we should not only focus on the present and solve the immediate problems, but also focus on the long-term and make a comprehensive response. For example, extreme weather affects agricultural production and energy supply, so we should take precautions and prepare adequate countermeasures. For another example, urban planning should take extreme precipitation and extreme high temperature into consideration, build infrastructure such as flood control and drainage systems that can withstand extreme weather, provide more shade places, and use more environmentally friendly and heat-insulating building materials.

The heat wave will eventually ebb, but the climate problem will not disappear, and extreme weather will not disappear. The challenges brought by climate change to mankind are realistic, severe and long-term, and each of us has the responsibility to "cool down" the earth.

(Author: Chai Yaxin Editor: Xu Nenyu)

Jewellery merchant became a monk and became a true Taoist priest, the 30th generation disciple of Qiu Chuji.

　　Coincidentally, the jewelry merchant became a monk and became a true Taoist priest. He was praised as a good young netizen in China by using Weibo to break feudal superstition.

　　"@ Quanzhen Daochang Liang Xingyang", who loves to take selfies in Weibo, has really caught fire recently.

　　On May 4th, he was invited by the Central Committee of the Communist Youth League to attend the 2016 Outstanding Youth Commendation Symposium in Beijing. As one of the 15 good young netizens in China, he was received by Vice President Li Yuanchao. During the meeting, regardless of his own "face value defects", he resolutely took a photo with Jin Dong, the actor of Lin Shaoge in nirvana in fire and the representative of this "upward kindness and kindness to young people", and immediately made his Weibo "pink" to 330,000 people.

　　Why is Liang Xingyang favored by the Central Committee of the Communist Youth League? What legendary experiences did he have in his life before he became a Taoist? How does he become attached to the internet? Recently, Liang Xingyang was interviewed by Guangzhou Daily reporter in Beijing and shared his life experience with the reporter.

　　Text, map/Guangzhou Daily correspondent Wuwei

　　At 9: 30 in the morning of May 9, after receiving the reporter’s WeChat, Liang Xingyang, wearing a long shoulder-length hair and wearing vulgar clothes but boots, quickly came to the hotel lobby to meet the reporter. When he entered the elevator, Liang Xingyang began to talk: "I’ve been really busy recently, and I don’t have any leisure time. I have to meet friends from Taobao and Observer in the evening, and I’m going to see the leaders of the United Front Work Department and the Religious Affairs Bureau in the next few days. I’m afraid I can’t go back to Zhongnanshan for the time being."

　　As for why he made this nondescript dress, Liang Xingyang also had his own difficulties: "I am afraid that wearing a costume and hat will scare the waiters."

　　"Being original takes you into science"

　　In 2009, Liang Xingyang, a jewelry merchant in Tengchong, suddenly became a monk at Jinxianguan in Zhongnanshan, becoming the 30th generation Xuanzi disciple of Longmen Sect of Quanzhen Sect, and he was the 30th generation disciple of Qiu Chuji by seniority.

　　In 2010, Liang Xingyang opened a Weibo in his own name only for one year, and then he took various selfies in Weibo from time to time. Among all the selfies, the most proud one was the picture of him smiling with a lollipop. "Don’t rely on a beard to increase the face value of being poor, give an ugly Taoist friend a chance to live." Afterwards, this picture was also published on the cover page of a new book "Knocking on the Heart" published by the State Administration for Religious Affairs for Liang Xingyang.

　　As a Taoist priest, Liang Xingyang has a position on the content of his Weibo — — Not superstitious, not blindly obedient, wise and clear-minded. He claimed that he never told fortune, and he opened Weibo to help netizens get rid of superstitions. In Weibo, his column titled "Being Being Original Takes You into Science" introduced some knowledge of health preservation and treatment to netizens, as well as his own reflection on feudal superstition.

　　For example, the netizen "Cang Cang Cang" said on Weibo: "Scorpio has a clear love and hate, so there are many views." Liang Xingyang will answer on the Weibo: "Please don’t be superstitious. Being original tells you that cancer is the majority."

　　Perhaps he was too maverick and actively joined the WTO. Liang Xingyang was also under pressure from many Taoist friends, and some even asked to expel his Taoist books. In this regard, Liang Xingyang resisted the pressure and had his own explanation: "Taoism has two mascots: cranes and deer, both of which are immortal mounts; Then why did you choose deer and crane? Why didn’t the fairy ride a pig? The crane, the fairy, symbolizes the world, lofty, meaning to look at the world from a macro perspective; The deer, Lu Ye, means the world of mortals and common customs, and means facing the world with a positive attitude. "

　　From Taoist to online celebrity

　　What really made Liang Xing famous was his tact in responding to the South China Sea issue in Weibo. Last May, US Assistant Secretary of State Daniel Russell made a strange remark that "China’s island-building in the South China Sea destroyed the geomantic omen in Southeast Asia".

　　Liang Xingyang immediately wrote a long microblog "On the Positive Influence of China’s Island Building in the South China Sea on the Geomantic omen of the Earth and the Peace of the Solar System", denouncing the US for stealing Taoist geomantic omen knowledge and undermining the peace among heaven, earth and man. Soon, Liang Xingyang became online celebrity because of this article. Until recently talking to reporters about his famous work, Liang Xingyang still said proudly: "Feng Shui problems should still be answered by professionals like me."

　　After becoming a "online celebrity", Liang Xingyang took questions from netizens, even the most exotic ones. Liang Xingyang said that some people ask questions, which proves that there are still people concerned. Answering these wonderful questions is also conducive to eliminating public misunderstandings and guiding the public to the good side.

　　Liang Xingyang was very moved by being invited to Beijing this time. He thought that the six years of spreading Taoism through Weibo had been affirmed by the state.

　　Dialogue: I was commended for spreading positive energy.

　　Guangzhou Daily: What was your life experience before you became a monk?

　　Liang Xingyang: I was born in Shandong, and my parents were both primary school teachers. In 1999, I was admitted to the Department of Applied Chemistry of Yunnan University, because my brother had to study at that time, and my parents were not well off. By the time I was a sophomore, my living expenses were earned by my work-study program, and I gradually entered the society. I did e-commerce for a while, and later, I came into contact with the jewelry industry. After graduation, I started to do jewelry-related business and once made a lot of money.

　　In 2004, when my mother died suddenly and went home to attend the funeral, two college students who helped me took all my goods and money away, and left me in debt. If my brother hadn’t had to study at that time, I would have died. I started from scratch, but I lost everything. Why? I don’t want to live a life of mediocrity.

　　So in 2006, I packed my bags and went to Tengchong, the border between China and Myanmar, to do jade business. Because I knew some friends when I was doing jewelry business before, my business quickly stabilized. The most comfortable time in my life was in Tengchong, waking up naturally every day and playing mahjong every day. Because of the high profit of jade, I only work once every two or three months, and the kickbacks to Burmese people are all two or three thousand yuan.

　　Quietly thinking, I began to get in touch with Taoism. In 2009, a friend from Xi ‘an came to Tengchong. When I visited him, he said that he was going to go up the mountain to convert and become a Taoist layman. I am also stupid, and I followed the Zhongnanshan to learn from my teacher.

　　Guangzhou Daily: Did Master accept you so quickly?

　　Liang Xingyang: This is actually an own goal incident. Previously, a northerner about my age told my master several times that he would go to Jinxian Temple to learn from his master, but he never went. As soon as Master saw me, he mistook me for the former, quickly accepted me, and named me Liang Xingyang according to my seniority. On the second day of becoming a monk, I realized that I was "being a monk"; The next year, when I chatted with Master, he realized that he had taken the wrong apprentice.

　　Guangzhou Daily: Are you still in the jewelry business?

　　Liang Xingyang: I must do something. If I don’t do it, how can I get the money to do this? I don’t refuse money. I think with more money, we can do more things, as long as we don’t lose our principles and enrich ourselves.

　　600 yuan, the "basic salary" of Taoist life

　　Guangzhou Daily: As a Taoist, what’s your daily life like in the mountains?

　　Liang Xingyang: I write articles on the Internet all day now, and I can’t be a stable little Taoist. Most Taoist get up at 6: 00 in the morning, clean up and tidy up the temple. After breakfast, they start to attend morning classes, and then they can do their own things: play Tai Chi, read books or entertain visitors; From 12 noon to 12: 30, we will have lunch on time, and there will be classes at 3 or 4 pm. After that, we will have dinner at 6 pm and go to bed at 9 pm. Of course, the temple doesn’t prohibit us from surfing the Internet and playing games, and I usually stay busy until 11 pm.

　　Guangzhou Daily: Do you have any income in Taoist temple?

　　Liang Xingyang: The income given to me by Taoist Temple is one month’s 600 yuan. The income of Taoist priests is not high. 600 yuan is the basic cost that Taoist temples give you so that you can live. Besides, how much Taoist priests can earn depends on their own efforts. For example, if people invite you to chant Buddhist scripture, you can earn several hundred yuan. Like I sometimes write books, I can also earn royalties, and sometimes I am short of people to recite scriptures, so I will make up for it.

　　Guangzhou Daily: You come from Quanzhen religion. What are the similarities and differences between Quanzhen religion and martial arts novels?

　　Liang Xingyang: Many people, including Quanzhen Sect, I know, came from Jin Yong’s martial arts novels, but I actually came from Qiu Chuji’s ancestor, and I was his 30th generation Xuanzi disciple.

　　Many people also ask me about Jin Yong’s novels. For example, Yin Zhiping is actually a founder of Quanzhen religion, but Yin Zhiping in Jin Yong’s novels is different. On this matter, Quanzhen Sect also has a lot of arguments, and some people say that they want to crusade against Jin Yong. So in later editions of the novel, Jin Yong changed Yin Zhiping’s name to Zhen Zhibing. In my opinion, Jin Yong did make mistakes when writing novels, and he shouldn’t tease historical figures, but without Jin Yong’s martial arts novels, there will definitely be too many people who don’t understand Quanzhen religion.

　　I can’t tell fortune.

　　Guangzhou Daily: How did you get attached to the Internet at that time?

　　Liang Xingyang: When I first went to college in 1999, I came into contact with the Internet, and I haven’t left since. After becoming a monk, I hope to introduce our daily life through the Internet. I started to open Weibo in 2010, but I didn’t have much goals at that time, and I didn’t expect to be so popular today.

　　Everyone always thinks that we are mysterious, so that I dare not wear a cassock outside. As soon as I get on the train or plane, a group of people come around. "Taoist, please count my life?" When I say I can’t count, they will say, "You can’t even count your life, fake Taoist." Many people think that we just draw lots to tell fortune, but this is not the case. I share my thoughts, thoughts and experiences with you on Weibo, including our own reflection on feudal superstition. Since I started Weibo, I have determined the principle of not being superstitious, not being extreme, and being wise and clear-minded, and my later journey has become wider and wider.

　　Guangzhou Daily: You also have a column on the Internet called "Taoist takes you into science". Why do you want to do this column?

　　Liang Xingyang: Our traditional culture, including Taoism, actually contains many scientific contents. On April 22nd, the Ministry of Science and Technology and Publicity Department of the Communist Party of China issued "Standards of Scientific Quality of Chinese Citizens", which clearly stated that we should understand China’s traditional philosophical ideas such as knowing Yin and Yang, the five elements, the unity of man and nature, and understanding knowledge by grasping things. They are part of our traditional science, and these things may be flawed, but we should not blindly deny them, but look at them from a scientific dialectical point of view.

　　Find a partner because of positive energy

　　Guangzhou Daily: How did you receive the invitation of May 4th Youth Day?

　　Liang Xingyang: Others think that we may not be able to hit the gossip, but my friends with the Communist Youth League are doing positive things online. The Communist Youth League thinks that I am practicing socialist core values; I think I am spreading the essence from the virtues of China traditional culture.

　　At the end of April, the Central Committee of the Communist Youth League contacted me and asked me if I had time recently and wanted to invite me to attend. I didn’t think much about it. I thought I would attend if I wanted to. I didn’t expect such a high-standard meeting, and I didn’t expect a vice president to attend at all.

　　Guangzhou Daily: On the Internet, you denounced the wrong remarks made by American and Japanese officials about the South China Sea issue. What was your consideration at that time?

　　Liang Xingyang: These remarks made by American and Japanese officials are intended to refute Chinese with the culture of China. When Americans talk about Feng Shui with us and Japanese talk about Tao Te Ching with us, leave this kind of thing to a "professional" like me. Tao Te Ching is a Taoist classic, and Feng Shui is our specialty, so it is only appropriate for us to come forward.

　　Guangzhou Daily: How are you going to continue to spread positive energy online in the future?

　　Liang Xingyang: Now we are concerned and encouraged by many people and officials. We will stick to our own path, and we will develop better on this road in the future. When we didn’t have much support in the past, we all came to today. Now with support, I will go higher. We will seek common ground while reserving differences, unite most people, and find the greatest common denominator of our exchanges, which includes patriotism, culture and recognition of the Chinese nation, and better serve.

　　Guangzhou Daily: You often interact with netizens and refuse to answer their wonderful questions. Why do you not hesitate to answer such questions?

　　Liang Xingyang: Since he asked, it proves that he still has the least curiosity about me. These people are not all malicious, but just misunderstood. I think as long as I answer, he may have a good understanding of us. And if I insult or attack this, I’m afraid his misunderstanding of us will be deeper. No matter how wonderful these problems are, at least we can deal with them, and we can also spread the correct ideas in dealing with them. Why not?

　　In the face of netizens’ questions, what we consider is not how wonderful the problem is, but how to deal with it. It is impossible for everyone in this society to like you and give others answers. You can’t just solve those puzzles that make you comfortable and uncomfortable, but you should also give others answers.

Comments on the Management of Tongtongbao’s 2022 Annual Board of Directors

() The business review of the Board of Directors in 2022 is as follows:

　　I. The industry in which the company is located during the reporting period.

The company shall comply with the disclosure requirements of "Software and Information Technology Service Industry" in the Guidelines for Self-regulation of Listed Companies of Shenzhen Stock Exchange No.3-Industry Information Disclosure. The company’s main business belongs to the field of intelligent transportation business. By analyzing the customer’s business needs and designing the information system, the company integrates various separated devices, functions and information into interrelated, unified and coordinated systems through computer network technology and software technology, so as to carry out intelligent traffic electronic toll collection business and intelligent traffic operation management system business. At the same time, the development of smart transportation derivative business is mainly to build ecological scenes with "ETC+" as the core, integrate vehicle parking, refueling, road economy, car maintenance and car life, and develop ETC ecosystem business.

(A) the basic situation of industry development

Intelligent transportation is an important area of new infrastructure. In recent years, the state has successively issued a large number of policies and measures to support the development of intelligent transportation, and the intelligent transportation industry is in a period of rapid development. The national transportation power strategy, the new infrastructure policy and the Tenth Five-Year Plan have continuously promoted the digital transformation of the transportation industry. From top-level design to supporting implementation, the policy dividend of the smart transportation industry has been continuously released, and the two-wheel drive of policy demand has boosted the smart transportation industry to usher in a sustained and prosperous development, accompanied by deep excavation of data capabilities, which has driven the industry’s efficiency to continue to improve. The recent core policies of the smart transportation industry include the digital economy policy, the new infrastructure policy, the traffic power policy at the national level, and the relevant policies of the Ministry of Transport, the Ministry of Public Security, the Ministry of Industry and Information Technology and other relevant ministries and commissions in transportation planning, traffic safety and order management, and intelligent network connection.

In the field of electronic toll collection for smart transportation, electronic toll collection for expressways in China started relatively late, and began to be implemented on a pilot basis in 2005. In recent years, the General Office of the State Council, the National Development and Reform Commission and the Ministry of Transport have successively issued policies to encourage and support the development and application of ETC, and the industry has achieved rapid development. At present, ETC has become the most important toll method for toll roads in China. With the continuous improvement of the national network toll mechanism, the continuous expansion of application scenarios and the continuous improvement of technical level, the application of ETC is moving towards the 2.0 stage. According to the relevant data of the Road Network Monitoring and Emergency Disposal Center of the Ministry of Transport, by the end of February 2023, there were 11,362 toll stations, 29,277 physical portal frames and 87,618 toll lanes in the whole network, including 38,877 ETC lanes, accounting for 44.37%. According to the statistics of the Ministry of Public Security, the number of motor vehicles in China reached 417 million by the end of 2022, including 319 million vehicles. In 2022, the number of motor vehicles in China increased by 22 million, of which the number of motor vehicles increased by 17 million; According to the relevant data released by china automobile dealers association, in 2022, the national second-hand car transaction volume was 16.03 million. Overall, the future development space of this subdivision is broad.

(2) Industry policies

The State Council’s "14th Five-Year Plan" for Digital Economy Development in January 2022, the State Council’s "14th Five-Year Plan" for Modern Comprehensive Transportation System Development in January 2022, the State Council’s "Strategic Plan for Expanding Domestic Demand (2022-2035)" in December 2022, the State Council’s "National Comprehensive Three-dimensional Transportation Network Planning Outline" in February 2021 and March 2021. Create public facilities such as smart parking lots and smart charging piles. We will build an intelligent management platform for urban transportation in an orderly manner and improve the development level of digital and intelligent transportation. Promote the deep integration of new technologies such as the Internet, big data, artificial intelligence and blockchain with the transportation industry. Deepen the expansion and application of expressway electronic toll collection system (ETC) in multiple scenarios. Steadily promote the construction of a smart road network cloud control platform that integrates monitoring, dispatching, management and control, emergency response, service and other functions. Promote the development of smart parking.

Strengthen the construction of transportation dispatching and emergency command platform. Vigorously develop intelligent transportation and strengthen the construction of supporting facilities such as parking lots. Promote the digitalization and networking of transportation infrastructure. By 2035, a modern, high-quality national comprehensive three-dimensional transportation network will be basically built, which is convenient, smooth, economical and efficient, green and intensive, intelligent, advanced, safe and reliable.

In March 2022, the Ministry of Transport’s "Fourteenth Five-Year Plan" for Science and Technology Innovation in the Transportation Field, the "Fourteenth Five-Year Plan" for Digital Transportation in December 2021, and January 2022, The Medium-and Long-Term Development Plan for Scientific and Technological Innovation in Transportation (2021-2035), the Work Plan for Solidly Promoting the Implementation of Major Transportation Projects in the Tenth Five-Year Plan in March 2022, the Project Plan for Optimizing and Upgrading the Expressway Network Toll System (Draft for Comment) in June 2022, and the Notice on Further Promoting ETC Services in November 2021 encourage: Improve the road perception network, realize the digitalization of all elements and full cycle of infrastructure, build a smart road network platform integrating monitoring, dispatching, management and control, emergency response and service, and carry out dynamic risk monitoring and early warning, analysis and judgment. Deepen ETC application. Promote the coordinated development of a new generation of information technology in transportation and cities, and improve the intelligent management level of "holographic perception+collaborative linkage+dynamic optimization+precise regulation" of urban transportation. We will further promote the pilot construction of ETC smart parking cities, strive to expand ETC smart parking services to large and medium-sized cities across the country by the end of 2023, and basically realize the full coverage of ETC services for parking scenes of large traffic stations such as airports, railway stations, passenger stations and port terminals.

In October 2020, the Ministry of Public Security’s Traffic Management Science and Technology Development Plan 2021-2023, the Ministry of Industry and Information Technology’s "Tenth Five-Year Plan" in November 2021, the requirements for road motor vehicle product access review in February 2020, and the Ministry of Industry and Information Technology’s "Notice on Adjusting the requirements related to product access in the Announcement" in April 2020 put forward: building national unified norms and provincial unification. Promote the nationwide unified network access software for road traffic monitoring equipment, and by 2023, 50% of cities and 80% of counties and cities will complete the construction of a unified private network integrated command platform. Create a "smart brain" platform for the integration of expressways and national and provincial highways. By 2023, the mileage of highways using the integrated platform of expressways and national and provincial highways will exceed 50%. Strengthen the investigation and punishment of traffic violations by using video and other technologies. Build a new digital convergence infrastructure and promote the overall construction of C-V2X and 5G networks, smart transportation and smart cities. By 2025, key highways and urban roads will be covered by the cellular vehicle networking (C-V2X). From January 1st, 2021, the vehicle models newly applying for product access should be equipped with ETC vehicle-mounted devices (that is, front-mounted ETC-OBU) with direct power supply.

With the continuous release of policy dividends in the smart transportation industry, the two-wheel drive of policy demand will boost the smart transportation sub-sector to usher in sustained and high-growth development.

(III) Development stages and characteristics of the industry

The intelligent transportation industry has been growing for a long time. Due to the unbalanced level of economic development and technological development in different regions of China, the investment and construction of intelligent transportation management system in China are uneven in various regions, and the intelligent transportation business also presents certain regional characteristics. According to the forecast of Yiou think tank, the smart transportation market in China will reach 10.6 trillion yuan by 2030, with a broad growth space. It is expected that the technologies related to intelligent transportation will continue to mature in the future, and the intelligent layout of vehicles, roads and clouds will continue to improve, and the market will show a steady growth trend. From the perspective of single business products, the national market space of dispatching cloud can reach 1.6 billion yuan (160,000 kilometers, with an investment of about 10,000 yuan per kilometer). Policy promotion, customer demand and technological progress have accelerated the transformation of the transportation industry from informationization to digitalization, and data has gradually become one of the core production factors. The characteristics of interconnection and data element empowerment have prompted the intelligent transportation industry to move towards "cloud-network-edge-end" integrated technology integration and life-cycle value operation. The market share of intelligent transportation began to concentrate on the head enterprises with data and algorithm capabilities and in-depth understanding of the industry.

II. Main businesses of the Company during the reporting period

(a) the company’s main business and products

The company is the leading supplier of intelligent transportation platform solutions for expressways, trunk roads and urban transportation in China. The company’s main business includes three aspects: first, the smart traffic electronic toll collection business based on ETC, including ETC issuance and sales, electronic toll collection service business, etc., focusing on expanding the construction and operation of expressway and urban traffic toll collection and management systems; Secondly, the business of intelligent transportation operation management system based on cloud technology mainly includes system software development, comprehensive solutions and system technical services of intelligent transportation operation management; Third, the derivative business of smart transportation is mainly to build ecological scenes with "ETC+" as the core, integrate the life of vehicles such as refueling, road economy and car maintenance, and develop the ETC ecosystem business.

During the reporting period, there were no major changes in the company’s main business.

1. Intelligent transportation electronic toll collection service

The company’s smart traffic electronic toll collection business is mainly based on ETC, including ETC distribution and sales, electronic toll collection services, etc., focusing on the construction and operation of expressway and urban traffic toll collection and management systems.

ETC distribution business: The company is the only ETC distribution service organization in Jiangsu Province, taking the lead in realizing Internet distribution in the industry and realizing the nationwide distribution of distribution business. By the end of 2022, the number of ETC users of the company had reached 22.15 million, and the user coverage area had spread all over 31 provinces in China. During the reporting period, the company developed 1.28 million ETC users, accounting for 9.3% of the 13.7 million new ETC users in China.

During the reporting period, the company accelerated its business layout and established business cooperation relations with 14 OEMs, including (), Changan Automobile, Geely Automobile, Tesla, Weilai, Kia of yueda and Jaguar Land Rover. In addition, the company and () innovatively researched and developed ETC smart car glass, equipped with Fuyao glass sales to realize ETC car front loading, and realized ETC front loading in the field of automobile production supply chain, laying a good foundation for the sustainable growth of ETC distribution in the future. At present, Changan Automobile Auchan brand car front loading has been realized. Users can be locked in advance through the ETC pre-installation mode, which will further enhance the national market share of ETC users.

Electronic toll service: With the popularization of ETC, the further improvement of payment rate and the development of new car pre-installation mode, ETC payment has gradually penetrated from expressway to car-related scenes such as parking and refueling. The company’s electronic fee settlement amount has increased rapidly, from 15 billion yuan in 2017 to 39.4 billion yuan in 2022, with a compound growth rate of 21%.

2. Smart traffic operation management system business

The company’s intelligent transportation operation management system business relies on cloud computing, big data, artificial intelligence, Internet of Things and other technologies to develop and maintain intelligent transportation systems, effectively supports comprehensive transportation operation decision-making management and services, and focuses on three business scenarios of intelligent transportation command and dispatch, operational services and comprehensive management, and has formed three service themes of "smooth high-speed, high-quality and intelligent high-speed" and "dispatching, charging, maintenance, service, integrated management, digital intelligence and comprehensive management". The company’s main customers are government agencies related to transportation management, road and bridge enterprises and institutions, traffic police and other law enforcement units. During the reporting period, the company accelerated the digital transformation of intelligent transportation and deepened the integrated technology path of "cloud-network-edge-end", and has formed a number of intelligent transportation application products and comprehensive solutions with high technical content, strong profitability, scale and sustainability.

SD-WAN intelligent networking technology services, high-speed brain, AI video analysis cloud control platform, free-flowing cloud charging solution and charging robot, etc. The related products are as follows:

(1) Scheduling Cloud

"Dispatching Cloud" is a real-time interactive cloud service platform based on the concept of "internet plus Traffic", which takes travelers as the center, relies on rich advanced technologies and services on the cloud, and is built around the handling of expressway emergencies with full coverage of processes, all-round management and full participation of the society. At present, it has realized large-scale commercial operation and promoted to the whole country. The scheduling cloud platform specifically includes:

1) Four systems: event handling, intelligent detection, collaborative linkage and statistical analysis;

2) Eight functional modules: video monitoring, information board, voice, mileage post, comprehensive road conditions, meteorology, individual soldier and video intercom. B-end and G-end users, such as expressway management units, further enhance the emergency response ability, shorten the time from the accident to the resumption of traffic, and greatly improve the efficiency of expressway operation and management; At the same time, the platform serves C-end users and provides real-time road video, road information, one-click rescue, weather forecast and other services for public travel, which greatly improves the sense of security and convenience for public travel.

(2) Toll Cloud

The "toll cloud" is an independent innovation technology such as license plate "cloud recognition", () processing and fault-tolerant path restoration, which intelligently analyzes multi-dimensional captured data, identifies, locates, tracks and warns "specific vehicles", and builds a toll auxiliary system with accurate accounting, online billing and real-time escape, providing strong support for toll inspection.

(3) Internal control cloud

"Internal Control Cloud" is a reusable and customizable full-process digital management software service product for customers. This product uses the concept of flattening and great collaboration to finely manage and control the internal office processes in real time, and changes manual supervision into process supervision and data supervision. Through this product, the processes of information disclosure, document handover, supervision, procurement, salary, contract, meeting, payment, business trip, car use and duty are visualized and managed in a streamlined way, thus realizing the digitalization of organizational structure and process coordination, and greatly improving the office efficiency and management benefits of customers.

(4) Conservation of clouds

"Maintenance Cloud" takes daily road inspection and maintenance as its core function, and realizes closed-loop road maintenance business management integrating maintenance plan, task assignment, inspection, disease reporting, construction measurement, assessment and statistical analysis.

(5)SD-WAN intelligent networking technical services

"SD-WAN Intelligent Networking Technology Service" adopts two-way Internet broadband access, and undertakes the functions of safe and stable data transmission of various services from local to cloud. It solves the problems of long construction period, high cost, insufficient network accessibility, difficult operation and maintenance, and difficult data aggregation of traditional networks, greatly reduces the difficulty of operation and maintenance and management, improves the network quality, ensures the stable load of expressway toll collection, communication and other services, and realizes cost reduction and efficiency increase.

(6) high-speed brain

Through the deep integration and exploration of blockchain technology and transportation industry, "High-speed Brain" has established an autonomous and controllable digital infrastructure, expanded and built a credible data space and value network oriented to the transportation industry ecology, realized the collection, gathering and sharing of multi-factor scenes, full business processes and pan-high-speed ecology, solved the problems of incomplete data gathering, unreliable sharing and transmission, difficult support for business collaboration and difficult establishment of digital ecology, and made overall consideration of the road smooth work by digital means to effectively realize high-speed.

(7)AI video analysis cloud control platform

"AI video analysis cloud control platform" is based on multi-source heterogeneous data fusion processing, AI video image algorithm evaluation and analysis, rule engine machine governance, business adaptability deep learning optimization and other technical links. By combining AI analysis and manual calibration, the multi-source heterogeneous data of expressway perception monitoring are intelligently identified, data fusion, algorithm analysis, multiple governance and training and learning, and then the event monitoring and early warning data that forms automation, visualization and fits the traffic application scene is constructed. The platform can detect traffic accidents, abnormal parking, foreign body scattering, vehicle congestion, vehicle retrograde and other abnormal conditions in real time, and give an alarm prompt in real time. After application, it can greatly improve the highway traffic capacity and the ability to deal with accidents and incidents quickly.

(8) Free Cloud Charging Solution

The construction of "Free Cloud Charging Solution" focuses on "charging robot" and provides an overall solution for highway "free cloud charging", which improves the overall adaptability of toll station functions and reduces the construction cost, and realizes the full decoupling, data integration and online business of the charging system, and realizes the functions of accurate online charging, intelligent real-time audit, synchronous settlement verification and efficient special handling based on cloud big data. It mainly includes comprehensive charging system software with charging, check-in and auditing functions, as well as hardware products that are highly adapted to it, such as charging robot, digital economy big screen, fog lamp integrated equipment, grating vehicle type recognition integrated machine, integrated intelligent hurdle machine, ETC antenna and controller, and license plate recognition camera.

3. Smart Transportation Derivative Business

The derivative business of smart transportation is mainly the ETC ecosystem business related to car life. Relying on the advantages of the number of ETC users and the volume of data, we will build ecological scenes with "ETC+" as the core, integrate user services such as high-speed traffic, parking, refueling, road economy and car maintenance, innovate business models, create derivative services of ETC ecosystem, and provide customers with integrated car life services. Relying on ETC user resources and business scenarios, the company provides supply chain collaborative services such as customer acquisition channels, product operation strategy optimization and risk management measures for banks, factoring companies and truck carrier platforms.

During the reporting period, the company actively promoted the construction of ETC ecosystem and innovated the business model of smart transportation derivative business. ETC smart parking business is the first overall solution of "electronic fence" technology in China, which effectively solves the problem of "leakage" of traditional parking mode. It has been built and operated in 19 cities and counties such as Suqian, Wuxi, Taizhou, Nanjing Gaochun and Suzhou Taicang, with 1,519 newly signed parking lots and 938 put into operation. The ETC refueling project was put into operation in September 2022 in 20 gas stations, such as (), realizing the function of "one-yard aggregate payment" and providing the public with a quick refueling experience of "stop and add, pay and leave".

(II) The business model of the company’s main business

1. Intelligent transportation electronic toll collection service

(1)ETC issuance and sales business. The main business models are as follows:

The first category is direct sales. The company sells ETC products to banks and other cooperative institutions and charges them related fees.

The second category is offline customer service outlet sales. The company provides OBU equipment distribution, ETC payment binding and installation activation services for car owners through self-operated ETC customer service outlets, and collects relevant fees from customers such as cooperative institutions according to the agreement.

The third category is online channel sales. Through the online ETC distribution system, the company provides OBU equipment distribution, ETC payment binding and installation activation services for car owners and users, and collects relevant fees from customers such as cooperative institutions according to the agreement.

(2) Electronic toll collection service. The company independently develops the expressway mobile payment platform, and provides services such as electronic toll collection, clearing and settlement for customers such as expressway operation and management units, and collects technical service fees according to a certain proportion of the electronic toll.

2. Smart traffic operation management system business

At present, the company’s intelligent transportation operation management system business is mainly divided into system software development, comprehensive solutions and system technical services of intelligent transportation operation management.

(1) The software development business of intelligent traffic operation management system mainly provides customized software application development services for traffic operation management and other units according to their business needs, and collects software development fees from customers.

(2) Intelligent transportation operation and management comprehensive solutions mainly provide comprehensive solutions such as system design, software development, hardware configuration and system integration according to the business needs of transportation operation and management units, and charge customers for products and services.

(3) The technical service business of intelligent transportation operation management system mainly provides services such as operation, maintenance and upgrade of intelligent transportation operation management system for transportation operation management units, and collects technical service fees from customers.

3. Intelligent transportation derivative business

The company relies on ETC technology to expand application scenarios and huge ETC user groups. Starting from the needs of users, the company enhances user experience and enhances user stickiness, and cooperates with relevant third-party institutions to provide users with value-added services. The company collects certain service fees from third-party institutions according to the agreement.

Third, the core competitiveness analysis

(A) technical advantages

1. Build a "1+1+1+N" intelligent ecological alliance and build an ecological system of digital transportation scientific research cooperation.

The company has built a "1+1+1+N" intelligent transportation ecological alliance and continuously expanded the "circle of friends" for scientific research cooperation. Strengthen exchanges and cooperation with authoritative scientific research institutions, solve all kinds of "stuck neck" technical problems, and achieve important scientific research and technology research. Strengthen cooperation with well-known colleges and universities, and carry out academic, theoretical and practical multi-dimensional systematic research on key projects. Sign a talent training plan with the software laboratory of Nanjing University, carry out talent introduction and training, and build a software testing and data application laboratory; Cooperate with Nanjing University of Posts and Telecommunications to carry out research on traffic knowledge maps and other fields. Strengthen cooperation with well-known industrial Internet enterprises, realize cross-industry, cross-field and inter-departmental collaborative development mechanism, and jointly build an ecosystem of digital transportation scientific research cooperation. Cooperate with Tencent Cloud, Huawei, Qingyun Technology, (), Shangtang Technology and China Communications Hyde to set up six laboratories, namely, toll station digital twin joint laboratory, 5G edge equipment joint laboratory, industry application center joint laboratory, high-definition video cloud application joint laboratory, smart view joint laboratory and road condition and meteorological digital early warning joint laboratory. And (), ZTE and other strategic partners to promote the innovative development of the transportation industry in new technologies, new models and new applications.

2. Establish a "self-centered, self-controllable" scientific and technological research and development system to create the source of key core technologies.

The company is committed to the innovation and development in the field of digital transportation, constantly improving its scientific research capabilities, and establishing a "self-centered, self-controllable" scientific research and development system. By the end of 2022, the company had 291 technicians, including 101 people specializing in research and development. By the end of 2022, the company had independently researched and developed 11 core technologies, owned 258 patents, software copyrights and other intellectual property rights, successively participated in the compilation of 7 relevant regulations and rules of the Ministry of Transport, 1 league logo of China Highway Society, and led the compilation of 1 local standard. It has successively launched a number of scientific and technological innovations that "lead the direction of the industry, promote traffic changes and subvert the traditional model", and many scientific and technological innovations are at an advanced level in the industry, forming a scientific and technological research and development product system with independent intellectual property rights.

3, build new infrastructure, rich achievements in scientific and technological innovation.

In line with the strategic deployment of the national "new infrastructure" and the requirements of the times, we will further improve the "cloud-network-edge-end" collaborative digital transportation new infrastructure technology architecture based on "cloud control", "smart network" as the transmission mode, "smart edge" as the computing carrier and "smart end" as the IOT unit, and promote the digital transformation and intelligent upgrade of expressway network, which is an automatic driving. The company is recognized as a national high-tech enterprise, a leading enterprise in the high-quality development of modern service industry in Jiangsu Province, an engineering technology research center in Jiangsu Province, an engineering technology research center for smart high-speed travel service and operation in Jiangsu Province, an engineering technology research center for smart transportation cloud services in Jiangsu Province, and a Samsung Shangyun enterprise in Jiangsu Province. The core technology product "Dispatching Cloud" was selected as "Excellent Case of Digital Transformation of State-owned Enterprises in China"; "SD-wan Full Coverage Networking" was selected as an excellent case of "Cloud Computing Standards and Open Source Promotion Conference" and included in "Top Ten Symbolic Projects of Smart Jiangsu"; "Cloud-network-edge-end" digital new infrastructure project and "ETC ecological operation platform" project won the second prize of China traffic investment and financing innovation; "Jiangsu High-speed Brain" was selected as a pilot demonstration project for the development of big data industry in Jiangsu Province; "Jiangsu Expressway Integrated Digital Governance and Intelligent Decision-making Platform" is listed as "Key Project of Smart Jiangsu" and "Top Ten Symbolic Projects of Smart Jiangsu"; "Seeing the Road with Eyes-Video AI Intelligent Platform" was selected as an innovative product of artificial intelligence integration in Jiangsu Province in 2022;The project "Research and Demonstration on Key Technologies of Expressway Cloud Audit Management" was selected as the second prize of Science and Technology Award of Jiangsu Comprehensive Transportation Society.

(B) Market application advantages

In the field of intelligent transportation segmentation, the company has always been deeply involved in the Jiangsu market, and actively expanded the national market by virtue of industry-leading technological advantages, product advantages and operational advantages. By the end of 2022, the company has developed about 22.15 million ETC users nationwide, covering 31 provinces across the country, with the total number of users ranking among the top in the country. With "ETC+" as the core, a comprehensive intelligent transportation ecosystem in vertical areas such as ETC+ highway, parking, refueling, supply chain service and road economy has been built; During the reporting period, the company, as the only pilot unit of "provincial demonstration area" for ETC smart parking in China, has promoted the application of ETC charging system in 1,519 smart parking lots in different scenes, such as large transportation hubs, hospitals, universities, commercial complexes, tourist attractions and residential properties, and deepened the integration and development of high-speed dynamic smart transportation and urban static smart transportation.

In the business field of intelligent transportation operation management system, based on the above technical advantages, after years of operation, the company has rich experience in project implementation and achieved a lot of excellent project results. The company actively implements the development strategy of digital economy, develops and promotes digital technology products, and provides intelligent solutions for the "new infrastructure" of national transportation. Among them, the "Free Streaming Cloud Charging Solution" is causing new changes in the charging modes of "One National Network" and "Free Streaming"; "AI video analysis cloud control platform" provides powerful computing power for decision-making and governance of "high-speed brain"; The "highway network security system" realizes the monitoring of "one network" operation of national highways; Products such as "Maintenance Cloud" and "Dispatching Cloud" are applied in the road networks of Guizhou Expressway, Shenzhen Expressway and other provinces and cities, providing "Jiangsu Scheme" for industry users. The company has formed a mature business model and products, which can be quickly popularized and applied, and the series of products are promoted to 18 provinces and cities across the country. The company’s rich product market application experience provides a strong competitive advantage for the company to expand its business and further develop in the future.

(C) Strategic synergy advantages

Since the establishment of the company, the company has made full use of the advantages of scene resources of Jiangsu Jiaokong and Jiangsu Gaowang in Jiangsu Road Network, combined with its own technological research and innovation capabilities, and gradually formed a series of innovative products for information technology applications in smart transportation segments widely recognized by customer markets and industry authorities. In the process of smart transportation business operation, combined with the characteristics of electronic toll collection system, operation management system and other businesses, the company has established capital cooperation relations with China UnionPay, SAIC, Nantong Transportation Group and Tencent enterprises, and made use of the qualification advantage of China UnionPay to operate a national inter-bank clearing network to form strategic cooperation in ETC inter-provincial business, cross-scenario payment and settlement, and play a synergistic effect; Take advantage of SAIC’s market share in passenger cars, integrate resources in ETC business, big data cooperation and smart transportation, and play a synergistic effect; With the help of Tencent’s hundreds of millions of user resources, traffic resources and rich scene resources, we will promote the construction of ETC payment operation platform and enhance the ability of payment and supporting services in off-highway scenes such as smart parking, non-inductive refueling and commercial logistics; Using the advantages of Gaodeng Technology in ETC user service, ETC scene construction and electronic bills, we will build a smart service platform for Jiangsu expressways and improve the level of expressway operation and management.

At the same time, the company has established in-depth cooperative relations with (), China Telecom, China Unicom, Huawei Technologies, Hikvision, (), () and other product and service providers, laying a foundation for the company to continue to consolidate its position in the industry and expand its industrial cooperation ecology. Among them, we set up a joint venture with Jinyi Technology, a leading enterprise in ETC equipment production, to further strengthen cooperation in technological innovation and application such as parking, refueling and charging, and accelerate the implementation progress. In addition, the company has established good and close cooperative relations with more than ten financial institutions, such as Industrial and Commercial Bank of China, Bank of China, China Construction Bank, etc., to further promote the integrated development of consumption scenarios and financial services, and enhance the depth and breadth of the company’s services in the "transportation+"field.

(D) Management advantages

Through years of reform and development, the company has established a complete and effective management system and mechanism, the governance structure is more perfect, the decision-making mechanism is more efficient, the market-oriented selection and employment mechanism is more flexible, the market-oriented incentive and restraint mechanism is more perfect, and the kinetic energy of scientific and technological innovation is effectively stimulated. At present, the company has a professional, mature and stable core team with rich industry experience, technical experience and management experience, which can seamlessly connect the whole process of customer demand, product design, R&D and maintenance services, and has excellent business execution and product realization capabilities. The company’s R&D team has always followed the forefront of industry and technology development, followed the direction of industry development, and constantly learned from industry development, integrating advanced product development and design ideas into the company’s products, providing solid support for the company’s development.

With regard to the reform of state-owned enterprises, the company is the first batch of "national science and technology reform demonstration" enterprises recognized by the Office of the Leading Group for the Reform of State-owned Enterprises in the State Council, the first batch of eight "comprehensive reform pilot enterprises" by the State-owned Assets Supervision and Administration Commission of Jiangsu Province, and the "mixed ownership reform pilot enterprise" by the Development and Reform Commission of Jiangsu Province. By the end of 2022, the company had achieved many reform achievements: it became the highest national "benchmark" enterprise in the reform evaluation of "Demonstration Action of Scientific Reform" in 2022 by the State Council State-owned Assets Supervision and Administration Commission, which was another honor after the company’s "Demonstration Action of Scientific Reform" was evaluated as an "excellent" enterprise by the State Council State-owned Enterprise Reform Office in 2020 and 2021. The practical results of the company’s "Science and Technology Reform Demonstration Action" reform were selected as excellent cases of the State Council SASAC; Three-year action cases of state-owned enterprise reform were selected into the Compilation of Typical Cases of Three-year Action of State-owned Enterprise Reform compiled by Jiangsu SASAC, and the reform case "Market-oriented Transformation+Technology Empowerment" was selected into the excellent case of Jiangsu SASAC’s "Enlightenment from Top Students in State-owned Enterprise Reform".

IV. Prospects for the future development of the company

(A) the future development strategy

In order to give full play to the role of "chain owner" enterprises in the digital economy, deepen the reform of state-owned enterprises, strengthen scientific and technological innovation, optimize business structure, expand business scale, lay out markets outside the province, and make every effort to build first-class enterprises in the digital transportation field, the company put forward the "1355" digital economy development strategy.

"1": Anchor a target. Make every effort to build the company into a well-known and industry-leading smart transportation industry Internet enterprise in China.

"3": Focus on the positioning of the three quotients. Build the company into a dynamic supplier in the field of smart transportation, an influential operator in the field of industrial Internet, and a competitive service provider in the field of smart car life.

"5": Create five innovative highlands. Form a major alliance, expand the "friend circle" of scientific research cooperation, and create an ecological highland of scientific research cooperation; Build new infrastructure, promote the digital transformation and intelligent upgrade of expressway network, and create an innovative highland of key core technologies; Improve the new governance, relying on the digital management platform of the whole process of cloud products, and build a demonstration highland for digital transformation of enterprises; Cultivate new services, create an integrated road network information service platform, and create an experience highland for public digital travel; Develop new formats, cultivate the "digital factor market" in the transportation field, and create an industrial highland for the commercialization of data assets.

"5": Build a "five-chain integrated" industrial system. Build a "excellent quality" smart product supply chain and build an industry-leading smart transportation product research and development platform; Establish a road network operation service chain that is "at the lower end of the cloud" to provide industry-level solutions for the smooth service of the national road network; Build the ETC comprehensive ecological chain of "wisdom road benefiting people" and create a "smart car life" scene with one card and multiple functions; Build a "smart interconnected" digital transportation industry chain and form a digital intelligent transportation industry system; Extend the business value chain of "capital empowerment", optimize the allocation of market resources by using capital market forces, and feed back the development of digital industry.

Adhering to the development vision of "making transportation smarter and life better", the company focuses on the main business direction of smart transportation and digital economy, strengthens scientific and technological innovation, and constantly strengthens its core competitiveness to enhance its intrinsic value. It will build the company into a well-known and industry-leading smart transportation industry Internet enterprise in China and strive to repay investors with better performance.

(two) the business plan for the next year

1. Take the road of innovation and build the "digital core" of original technology.

First, explore product research and development based on cutting-edge technologies such as blockchain, artificial intelligence, cloud computing and digital twinning, carry out the construction of original technology sources, and provide original, practical and subversive scientific research achievements and academic, theoretical and guiding scientific research programs for the development of digital economy. The second is to focus on the traditional mode of transportation operation management, management difficulties and industry pain points, provide platform-based overall solutions, enhance the full-stack product capability of smart transportation, and promote the intelligent upgrading and digital transformation of transportation infrastructure. Third, around the construction of the standard system, actively participate in the preparation of technical and business rules and the construction of the standard system by the competent departments of the Ministry of Transport and other provincial local departments, and contribute to the "Jiangsu Standard" and "Jiangsu Plan" to promote the healthy development of the industry. Fourth, around the construction of the intellectual property system, accelerate the research and development of independent technologies such as inventions, designs and software works, and achieve a high growth of all kinds of intellectual property rights in 2023.

2. Help "industry change" and strengthen the "digital infrastructure" of intelligent upgrading.

First, speed up the construction of provincial "computing power network". Through the "triple play" project, the "one cloud and multiple networks" architecture is upgraded to "one network is cloudy" architecture, and the "cloud network integration" architecture is optimized to "computer network integration" architecture. The second is to speed up the construction of "free cloud charging solution". Focusing on the "toll robot", the whole station family design is implemented, and the "free-flowing cloud toll solution" is provided to improve the overall adaptability of the toll station’s functional appearance, provide the overall solution for the free-flowing toll of expressways, and strive for the full coverage of networked expressway toll stations in Jiangsu Province. The third is to lay out the "AI video analysis cloud control platform". Accelerate the construction progress of video encryption project, and improve the emergency response and active early warning capability of road network. The fourth is to explore a new economic model of "digital+media" and promote the deep integration and development of the digital economy industry. The fifth is to explore the construction of data factor market. Relying on the "computing power network", the circulation link of data elements is opened to realize the unified scheduling and collection of multi-platform data resources. Improve the processing and processing capacity of data resources, strengthen the development and utilization of data elements, and accelerate the value and commercialization of data elements.

3. Follow the "development trend" and draw an "industrial map" that lays out the whole country.

First, speed up the nationwide distribution of ETC distribution business. Through internet distribution, cooperative channel agent distribution and new model of automobile front loading, we will vigorously develop new ETC users, tap the market potential and lay out the future market under the pressure of stock market space. The second is to accelerate the development of ETC ecological business. Implement ETC smart parking "lighting" project, and vigorously promote the "urban static traffic integrated management and control platform" with electronic fence technology as the core. Accelerate the ETC refueling business, strengthen cooperation with energy enterprises, and form a market layout of "comprehensive promotion of expressway operation and management units in Jiangsu Province and vigorous development of the national market". The third is to give full play to Baoyi Technology’s location advantage as a window city of reform and opening up, strengthen the R&D, manufacturing and marketing network system construction of intelligent hardware products, and establish a product sales network based on Greater Bay Area, integrated into the Yangtze River Delta and radiating all over China. The fourth is to give full play to the first-Mover advantage of products such as "Video Cloud" and "Dispatching Cloud" in the market application outside the province, accelerate the promotion of innovative products such as "New Digital Science" and charging robots outside the province, and export practical, useful and easy-to-use products and solutions for industry users across the country.

(III) Risks that the company may face

1. Risk of policy change

With the sustained and rapid development of China’s economy, the demand for residents’ life and travel is increasing day by day, and the smart transportation industry has developed rapidly. Since the State Council’s "Government Work Report" in 2019 proposed that the provincial toll stations of national expressways should be basically abolished within two years to realize fast toll collection without stopping, the State Council, the National Development and Reform Commission and the Ministry of Transport have successively issued a series of policies to encourage the related construction of toll collection without stopping, creating a good environment for the rapid and healthy development of enterprises in the industry.

Although the medium-and long-term planning of the country has clearly focused on the development of the intelligent transportation industry, and the supporting policy of the country for non-stop charging has a strong practical basis and social needs for a long time, if the government’s supporting policies for intelligent transportation related fields, especially ETC technical routes, are adjusted or the pace of implementation is uncertain in the future, the company’s operating performance will be affected to some extent.

In view of the above risks, the company will pay close attention to policy changes, strengthen strategic layout, optimize business structure, increase R&D investment and scientific and technological innovation, actively expand new commercial application fields and business models, enhance the company’s anti-risk ability and sustainable development ability, and maintain its leading position in the industry.

2. Industry competition intensifies risks.

In recent ten years, with the continuous improvement of informatization level, the continuous efforts of industry enterprises and the great attention of government departments, the technical level of China’s intelligent transportation industry has made great progress. As one of the important fields of intelligent transportation, the ETC sub-sector is becoming more and more market-oriented, and the market competition pattern is in a stage of rapid change. At present, the company is the only authorized ETC issuer in Jiangsu Province. Although it has established a perfect online distribution channel and can realize nationwide ETC issuance, it has not yet established an offline ETC issuance service network outside Jiangsu Province. Due to factors such as local car owners’ habit of choosing to handle ETC business in their permanent residence, there is still great competitive pressure for the company to handle ETC issuance business outside Jiangsu Province. If there are major changes in the future industry policies, industry norms and market competition pattern, the company’s ETC issuance and sales market share is at risk of being seized by competitors.

In the field of intelligent transportation business, although the company took the lead in developing a series of products such as cloud control platforms in the industry, which have the first-Mover advantages in products and services and have a high market share, on the one hand, there are companies engaged in similar businesses in all provinces, which have certain market resources and regional service advantages in the local area. In the future, with the improvement of technology and service capabilities of such companies, the company will face greater market competition when further exploring the national business market; On the other hand, the relatively high profit rate of the smart transportation industry also attracts other enterprises to enter the industry through infiltration, merger and reorganization, industrial transformation, etc., including super-large enterprises such as Ali, Tencent and Huawei technologies. In the future, the company will have the risk of intensified competition in the industry.

In view of the above risks, the company will seize the strategic opportunities of digital economy countries, strengthen industry research and market insight, use the deep understanding of smart transportation industry and business, improve the accuracy of understanding user needs and the foresight of market trends, give full play to the advantages of technological innovation, enrich product development matrix, and provide customers with all-round solutions; Improve the marketing promotion system, vigorously expand the national product market, expand brand influence, consolidate and increase market share, and enhance market comprehensive competitiveness; Strengthen industry exchanges and technical cooperation, actively build a diversified ecosystem of partners, and build a "moat" with strong R&D and innovation capabilities.

3, technology update risk

The development of intelligent transportation industry needs to effectively integrate advanced information technology, data communication and transmission technology, electronic sensing technology, electronic control technology and computer processing technology on the basis of perfect infrastructure, so as to establish a real-time, accurate and efficient intelligent transportation operation and management system that plays a role in a wide range and in all directions. This industry has the characteristics of fast technology update. If the company can’t accurately grasp the technology development trend of the industry and follow up the direction of technology research and development in the future, or the speed of product research and development can’t match the demand of the industry and competent departments for technology update, the company’s market competitiveness and sustainable development will be adversely affected.

In view of the above risks, the company will pay close attention to the dynamic development of technologies in emerging fields, dynamically optimize and adjust the technology planning and research and development direction of new technologies according to the changes in market demand and technology development, strictly manage the research and development and application process, and strengthen the collaborative development workflow of technologies and products; At the same time, the company will continue to increase investment in R&D, strengthen the construction of technical personnel, introduce outstanding technical personnel and integrate internal R&D forces, improve the incentive mechanism for R&D personnel, actively promote the transformation of technological R&D achievements, maintain the overall leading edge of technical teams, and consolidate the leading position in the industry in major business-related technologies.

V. Analysis of Main Business

cash flow

(1) Cash flow analysis of operating activities

In 2022, the net cash flow generated by the company’s operating activities was-126,097,200 yuan, compared with 6,745,600 yuan in the previous year. The smart traffic electronic toll service business that the company is engaged in is to provide toll clearing and settlement services for expressway management units, that is, the company collects expressway tolls from car owners and users, and pays the money to expressway management units according to the settlement cycle. The amount of such funds is large, and the amount of payment received is reflected in the cash flow of operating activities and other cash flows related to operating activities. Due to certain fluctuation in the amount of split tolls payable due to the interval between the settlement date of split tolls at the end of each year and the balance sheet date, the amount of split tolls payable at the end of 2022 is lower than that in 2021, so the net cash flow from operating activities is negative, and this kind of business does not affect the actual business of the company. Therefore, the cash flow generated from operating activities is deducted from the collection and payment and clearing tolls for analysis. In 2022, the net cash flow from operating activities was 117,208,000 yuan, down by 111,666,100 yuan compared with the previous year (228,874,100 yuan), mainly due to the salary increase in 2022, when the total salary paid increased by 42,482,900 yuan compared with that in 2021, and the subsidy received was compared with that in 2021.

(2) cash flow analysis of investment activities

In 2022, the net cash flow generated by the company’s investment activities was-764,856,000 yuan, and the cash flow generated by the company’s investment activities mainly included the purchase and redemption of structured deposits and the purchase of three-year certificates of deposit. The net amount in 2022 was-764,856,000 yuan, and the negative amount was mainly due to the fact that the three-year certificates of deposit purchased in 2022 had not expired.

(3) cash flow analysis of financing activities

In 2022, the net cash flow generated by the company’s fund-raising activities was 1,013,524,700 yuan. In 2022, the company raised 1,046,613,800 yuan through the listing of A shares. The cash outflow from the company’s fund-raising activities was 33,089,100 yuan, of which 6,089,200 yuan was paid in cash by distributing dividends, profits or paying interest, which was the dividend paid by the company’s subsidiaries to minority shareholders in 2022; Paying other cash related to fund-raising activities of 27 million yuan, which is the issuance fee generated by this public offering of shares and the lease fee for the right to use assets.

Reasons for the significant difference between the net cash flow from the company’s operating activities and the net profit of this year during the reporting period: The main reason for the significant difference between the net cash flow from the company’s operating activities and the net profit is the impact of changes in operating receivables and payables. The company received other cash flows related to business activities and paid other cash flows related to business activities on a large scale. The others received were mainly prepaid recharge of ETC stored value cards collected by various cooperative institutions, consumption of ETC charge cards and money collected through mobile payment, and the others were mainly settled through ETC and mobile payment.

Lanzhou Audi Q7 is being discounted! The highest discount 112,700, the car is sufficient

Welcome to Autohome Lanzhou Promotions Channel to bring you the latest automotive market trends. Currently, the high-profile luxury SUV models are having a grand promotion. In Lanzhou, car buyers can enjoy attractive discounts of up to 112,700 yuan, making the Audi Q7, which originally started at 524,400 yuan, more competitive. If you are interested in Audi Q7, don’t miss this great opportunity, click "Chatti Car Price" in the quotation form to get more detailed information and get higher preferential treatment.

兰州地区奥迪Q7正在优惠！最高优惠11.27万，现车充足

The Audi Q7 has won the love of fans with its majestic exterior design and exquisite craftsmanship. On the front face, it adopts the hexagonal air intake grille that is the hallmark of the Audi family, and with LED matrix headlights, it shows a strong sense of technology and sports. The overall body line is smooth, hard and elegant, outlining the perfect fusion of power and luxury, reflecting Audi’s extreme pursuit of detail and design. Whether it is static appreciation or dynamic driving, the Audi Q7 can leave a deep impression.

兰州地区奥迪Q7正在优惠！最高优惠11.27万，现车充足

The Audi Q7 presents its unique design aesthetic with elegant and powerful side lines. The body measures 5077mm long, 1970mm wide and 1715mm high, and the 2999mm wheelbase gives it a spacious and dynamic body ratio. The tire specifications are the front 285/40 R21 and the rear 285/40 R21 of the same specification, which not only guarantees the driving performance, but also reflects its high-class sense and exquisite details. The streamlined design of the side of the car is not only aerodynamic, but also highlights the luxury temperament of the Audi brand.

兰州地区奥迪Q7正在优惠！最高优惠11.27万，现车充足

The interior design of the Audi Q7 reflects the perfect fusion of luxury and technology. The cockpit uses a steering wheel wrapped in high-grade leather material, which provides a comfortable feel and excellent grip. It supports manual and electric up and down + front and rear adjustments to meet the individual needs of the driver. The central 10.1-inch high definition touch screen is the core of the car’s intelligence, integrating multimedia systems, navigation, telephone and air conditioning control functions, and realizing convenient operation through automatic speech recognition system. In terms of seats, the Audi Q7 is equipped with a choice of imitation leather and leather materials. The main and passenger seats support multi-directional adjustment, including front and rear, backrest, high and low and waist support, to ensure passenger comfort. At the same time, the front seats are also equipped with heating and ventilation functions, as well as power memory functions to enhance the driving experience of the driver. The second row of seats can be adjusted with backrests, while the seat reclines proportionally, further expanding the flexibility of the luggage compartment space.

兰州地区奥迪Q7正在优惠！最高优惠11.27万，现车充足

The Audi Q7 is equipped with a 2.0T turbocharged engine that can output a powerful 265 horsepower and a maximum torque of 370 Nm. With an 8-speed automatic transmission, it provides the driver with smooth power transmission and driving pleasure. This engine demonstrates Audi’s precise control of power performance, ensuring that the vehicle can demonstrate excellent performance in all road conditions.

Summarizing the user reviews of the Audi Q7, Autohome owners believe that its exterior design shows a business stable style, which meets the needs of many consumers who pursue practicality and taste. Such reviews undoubtedly reflect the attractiveness of the Q7 to business people in terms of exterior design. Therefore, the Audi Q7 has won the recognition and trust of users with its unique design and practical performance, making it their ideal driving partner.

How much is the Maybach 62s quoted, the actual fuel consumption of the new Maybach S450

Maybach 62s offer how much, the new Maybach S450 actual fuel consumption > [_ details: l86-1144-l888_] Maybach, is undoubtedly a legendary brand in the history of the car, of course, it has been discontinued as early as 2013, now Maybach in front of a prefix, that is, Mercedes, now Mercedes-Maybach as a new sub-brand of Mercedes, Mercedes has always been known as "mobile palace", because it represents the world’s highest level of car industry brand new. Maybach S450L, four-wheel drive executive sedan. A new generation of cars for every leader to create an unimaginable private space, will sublimate the pleasure to a new level. The in-car air conditioning component (AIRBALANCE) brings personalized fragrance and fresh air, which is refreshing; the Burmester surround sound system also turns the interior space into a high-quality private mobile concert hall, allowing you to feel as if you are there, listening to Qiongyin.

In terms of appearance, the Mercedes-Benz Maybach S4504MATIC Collector’s Edition continues the latest design style of the family as a whole, equipped with exclusive components such as dark designo paint, new-styled 20-inch multi-spoke wheels, and Maybach logo ground welcome lights. The new car is more high-end and more recognizable.

Mercedes-Maybach has launched the S450 Collector’s Edition, and all V8/V12 models have been discontinued. A few days ago, Mercedes-Benz officially launched the Mercedes-Maybach S450 Collector’s Edition model, priced at 1.4588 million. As a collection model, the S450 adds more than 20-inch wheels, front and rear door welcome lights, exclusive logos for headrests and floor mats in the car than the ordinary Maybach S450, and cancels the configuration of low-voltage continuous running tires. The power is equipped with a 3.0 twin-turbo six-cylinder engine, matched with a 48V light hybrid system, with a maximum output of 367 horsepower and 500 Nm. Matched with a 9-speed automatic transmission and equipped with a 4MATIC four-wheel drive system.

The new Mercedes-Benz Maybach S450 rear seats can be heated, ventilated, and the back angle can be adjusted, especially after the leg rest is raised to form a nearly flat state, which is no less comfortable than the business class seats of large passenger aircraft. However, the rear seats of the Maybach S450 do not provide massage function.

Dual 12.3-inch, MBUX intelligent human-machine interaction system. Dual 12.3-inch high definition display, combining the dashboard and media display into one, which is clearer and more intuitive at a glance. Just call "Hello Mercedes" to start the MBUX intelligent human-machine interaction system. 4 human-machine interaction modes, natural language sensitive recognition and support for some dialects make human-machine interaction more intuitive and concise [_ for details: l86-1144-l888_]

The Internet revealed that Zhang Zixuan had proposed a breakup with Chen He, and netizens accused him of crossing the river and demolishing the bridge

The Internet revealed that Zhang Zixuan had proposed a breakup with Chen He, and netizens accused him of crossing the river and demolishing the bridge

　 　 1905 movie network news On January 29, Weibo’s "Long Legs Hu Pong", who was certified as an "entertainment critic", broke the news on Weibo: "Exclusive tip: Zhang Zixuan has proposed to break up with Chen He!" On the 27th, Zhang Zixuan admitted her love affair with Chen He on Weibo and posted a screenshot of her husband Yang Yiliu going through divorce procedures, saying that she would face the doubts of netizens with Chen He.

　 　 After seeing the "long-legged Hu Pong" Weibo broke the news, some netizens said: "We agreed to face it together?", "If it’s red, we’ll break up, it’s really crossing the river and demolishing the bridge! It’s better for the original couple, they’re both divorced and support their ex-husband Chen He."

Chen He and Zhang Zixuan were photographed kissing, and both parties proved to be single

　 　 On the evening of the 27th, Fengxing exposed a video of Chen He and Zhang Zixuan kissing in a hotel, confirming their relationship. Then Chen He released the divorce agreement, which was signed on September 11, 2014. However, some netizens found that according to the relevant provisions of the "Marriage Law", having a divorce agreement does not mean that they have divorced, so Chen He and Xu Jing may still be husband and wife. Then in the early morning of the same day, Zhang Zixuan also admitted to being with Chen He on Weibo, saying that she "did not hide it from her family and friends around her." As for her marital status, Zhang Zixuan explained that "I have started to negotiate with Mr. Yang Yiliu about breaking up earlier, and I hope everyone will respect his personal privacy." At the same time, he posted the divorce application filed with Yang Yiliu to the court. But some netizens pointed out that "it mainly depends on the date of filing. Why are you mosaic? The filing date is wrong if it is after September ".

The Internet exposed that Huayi brokered Chen He’s remarriage and issued a statement denying it

　 　 After both parties admitted their love affair, the "divorce incident" was once again pushed to a climax. Recently, there were rumors that Chen He’s agency Huayi Brothers, in order to restore the image of the artist, prompted Chen He and his wife Xu Jing to remarry. At present, the man has agreed, and only wait for the woman to nod. On the evening of January 28, Huayi Brothers issued a clarification statement through the official Weibo, on the one hand, referring to the reality show "True Love is Lost" recorded by Chen He and Xu Jing from March 2014 until the final recording was completed on August 14, and the books he wrote were also released in August, earlier than September 11, 2014, when he signed the divorce agreement with Xu Jing. From the side, it denied that Chen He was still suspected of showing affection after the divorce.

　 　 In addition, the statement also hit back at rumors that Chen He and Zheng Kai had cancelled each other’s Weibo followers with "Chen He has not cancelled any friends’ followers." As well as a positive denial of the news that prompted Chen He and Xu Jing to remarry: "It is fake news that Huayi executives are promoting a reunion."

BYD’s new Tang family is listed at a price of 16.58-31.48 million yuan.

Recently, the new Tang of the family was officially launched, and the new car also launched the fuel version, DM version and EV version. The new car mainly upgraded the appearance details and adjusted the power system. In terms of selling price, the price of Tang fuel version is 165,800 yuan; The subsidized price range of the version is 236,800-286,800 yuan; The price range after Tang EV subsidy is 279,500-314,800 yuan. The appearance of the new car adopts Dragon Face design, and the front grille is changed from chrome-plated material to matte design. The thicker decorative strips show the momentum of the whole car, and the interior design is more exquisite. The central control adopts a large area of chrome plating and piano paint. Decorated with materials, a large area of suede fabric enhances the texture of the interior. In terms of power, the fuel version is equipped with a 2.0T code-named BYD487ZQB, which is 141 and 320 Nm. What matches the system is. The DM model is equipped with a system consisting of 2.0T+ motors, and the system integration reaches 431, reaching 900 Nm, and the 0-100km/h is increased from 4.5 seconds to 4.3 seconds. The motor of Tang EV two-wheel drive model is 180, which is 330 Nm. The four-wheel drive model is equipped with front and rear dual motors, and its power system is 360kW(490Ps), which is 660 N m. Officially, the car’s 0-100km/h is 4.4 seconds. The battery adopts a brand-new blade battery, and NEDC has a battery life of 565km.