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Geely Automobile’s sales of new energy vehicles increased by 300% in 2022, and it is estimated that the sales volume will exceed 650,000 this year.

On March 21st, the 2022 financial report released by Geely Automobile Holdings Co., Ltd. (00175.HK, Geely Automobile) showed that Geely Automobile achieved a revenue of 147.965 billion yuan in 2022, a year-on-year increase of 45.6%, a record high; The net profit of returning to the mother was 5.26 billion yuan, an increase of 8.5% year-on-year; The total cash level rose by 20.4% to 33.7 billion yuan, a record high.

In 2022, the total sales volume of Geely Automobile was 1.433 million, up 8% year-on-year. Among them, the sales volume of new energy vehicles increased by 300% to 328,700 units, and the proportion of sales further increased from 6.2% in the same period of last year to 22.9%; The proportion of export sales increased to 13.8%, an increase of 5.1 percentage points.

From the perspective of gross profit margin, Geely Automobile’s overall gross profit margin fell by 3 percentage points to 14.1% due to factors such as the price increase of raw materials, the increase in the proportion of new energy products and the fact that the gross profit margin level was lower than that of fuel vehicles.

Dai Qing, senior vice president and CFO of Geely Automobile Group, stressed at the performance meeting that in the short term, the improvement of its market share in the new energy market is the primary task of Geely Automobile.

Geely Automobile Financial Summary, from Financial Report

Sales of new energy vehicles increased by 300%, accounting for more than 20%.

In the transformation of new energy vehicles, Geely Automobile has long been criticized by the industry and the market. Gui Shengyue, CEO and executive director of Geely Automobile Holdings Co., Ltd. believes that the speed and layout of Geely Automobile passenger car plate in the transformation of new energy are not satisfactory, which also affects Geely Automobile’s performance in the stock market. In 2022, Geely Automobile has made a turning point in its energy business in the New Year.

In 2022, the sales volume of Geely Automobile’s new energy products (including Geely, Geometry, Lectra, Krypton and Ruilan) was 328,700, a year-on-year increase of 300%. Dai Qing said at the performance meeting that Geely Automobile is the fastest growing car company of new energy vehicles in 2022.

2022 is also the year of new energy transformation of Lectra, and its sales volume of new energy vehicles increased from 5.5% to 21.7%. However, due to the overall strategic transformation, the overall sales volume of Lectra was 180,100 vehicles, down 18% year-on-year.

In terms of brand planning, Gui Shengyue introduced that Geely’s current strategy of comprehensive transformation to new energy is very clear, and each brand has its own clear positioning and division of labor. Among them, Krypton, which was established less than two years ago, as the vanguard of Geely’s new energy layout, focuses on the luxury electric vehicle market and will lead the group to accelerate its transformation; Lectra focuses on high-end electric vehicles and new energy markets, while Geely brand mainly covers popular electric vehicles and new energy markets.

At the same time, Geely Automobile said that with 2020 as the base year, its bicycle life cycle carbon emissions decreased by 8% in 2022. Geely Automobile promises to reduce carbon emissions of bicycles by more than 25% in the whole life cycle by 2025, and achieve carbon neutrality by 2045.

In addition, in terms of high-end models, Geely said that in 2022, Geely’s bicycle sales revenue was 103,000 yuan, a year-on-year increase of 29.6%; The average gross profit of bicycles was 17,500 yuan, up 11.1% year-on-year. Among them, the high-value product "China Star" series achieved an overall sales volume of 252,800 vehicles, accounting for nearly 23% of Geely (including geometry) brands, with a maximum monthly sales volume of 30,000 vehicles and an average bicycle price of 150,000 yuan; The weighted average selling price of Link brand products is 174,000 yuan; The average order amount of Krypton 001 exceeds 336,000 yuan.

Extreme krypton car will choose the opportunity to publicly hand over the watch.

Geely Automobile Financial Report further disclosed the split listing of Krypton.

On October 31, 2022, Geely Automobile submitted a proposal to the Hong Kong Stock Exchange on the proposed spin-off of Extreme Krypton Holdings and its independent listing. The Hong Kong Stock Exchange has confirmed that the proposed spin-off can be carried out.

According to the financial report, on December 7, 2022, Extreme Krypton Holdings submitted a draft registration statement to the US Securities and Exchange Commission for possible initial public offering with American exchanges on a confidential basis. As of the date of earnings report or authorization, the US Securities and Exchange Commission is still reviewing the draft. An Conghui, Chairman of Geely Automobile Group, Executive Director of Geely Automobile Holdings Co., Ltd. and CEO of Extreme Smart Technology, said at the performance meeting that if the market window is right, he will make a public submission and strive to complete the listing.

According to Geely Automobile’s previous announcement, in February this year, Extreme Krypton announced the completion of Series A financing of 750 million US dollars, with a post-investment valuation of 13 billion US dollars.

Dai Qing introduced that Krypton recorded a loss of 2.03 billion yuan in 2022, and calculated by Geely Automobile (00175.HK), a loss of 1.36 billion yuan was included in the net profit.

The main financial data of Extreme Krypton Holdings comes from the financial report.

An Conghui responded to the recent price war in the auto market, saying that Extreme Krypton did not reduce the price or protect the price, but increased the rights and interests of users and did not adjust the price. After the increase of rights and interests, orders have changed dramatically and improved rapidly, which has also attracted some users who hold money and wait and see.

In view of the future development of extreme krypton cars, An Conghui mentioned that Tesla made money, which proves that the track of electric cars can make money. The Krypton 009 uses integrated die casting, and its tonnage and product volume are larger than Tesla’s. In the future, integrated die casting will be fully applied to other models, which will further reduce the cost of Krypton. He said that he is confident to complete the delivery of 140,000 vehicles in 2023, of which the sales volume of Extreme Krypton 001 is about 70,000, the sales volume of Extreme Krypton 009 can reach more than 30,000, and the sales volume of Extreme Krypton X is more than 40,000. At the end of this year, Krypton will also launch a car model, and two new models will be launched in 2024. It is estimated that in 2025, Krypton will deliver 650,000 vehicles, and there will be 8 models to support the annual sales of 650,000 vehicles.

The annual export increased by 70%, and the authorized income was 1.657 billion yuan.

2022 is undoubtedly a big year for China’s independent brands to export, and Geely Automobile has also made a relatively obvious growth in export.

The financial report shows that in 2022, Geely Automobile exported 198,200 vehicles, up 72.4% year-on-year. Among them, the mid-to high-end brand Lingke shipped 35,600 vehicles in 2022, of which new energy vehicles accounted for 97%. As of March 2023, Link has opened 11 Link experience stores in the Netherlands, Sweden, Belgium, Germany, Italy and Spain. Geely said that the territory of "European Strategy" has been further expanded, realizing the normalization of vehicle export to Europe. In terms of "Asia-Pacific Strategy", Lectra has successively opened up markets in Israel and Saudi Arabia; In the future, Link will continue to explore the Middle East Gulf countries and land in new markets in Southeast Asia.

It is noteworthy that from product export to technology export, Geely Automobile’s authorized income has further increased, and in 2022, it achieved a total income of 1.657 billion, a year-on-year increase of 29.9%. Geely said that the growth of authorized income will support its future profit.

In 2022, the authorized income of Geely Automobile was 1.657 billion yuan, which came from the financial report.

In 2022, the shareholding in South Korea’s Renault is also an important step in the internationalization of Geely Automobile.

Previous announcements showed that on May 9, 2022, Geely Automobile signed a subscription agreement with Renault Korea to subscribe for 34.02% shares of Renault Korea at a price of nearly 1.4 billion yuan. The financial report shows that in November 2022, Geely Automobile completed its shareholding in Renault Korea Automobile, and will introduce new hybrid technologies and models to the Korean market. Its new products will adopt CMA modular architecture developed by Geely’s R&D center in Sweden, and use Geely’s hybrid technology. It is expected to be mass-produced in 2024.

For Geely Automobile, how to increase its share in the new energy market is still the primary task. Gui Shengyue said that everyone is used to treating car companies with "new forces" and "old forces", while Tesla and BYD have worked hard in the field of new energy vehicles for many years and achieved huge profits last year, which reflects the most fundamental development law of the automobile industry, that is, scale can generate profits. If there is a lack of scale, the prospects will be worrying. He believes that enterprises like Geely will gradually show great advantages in scale. For example, Volvo, Polar Star, Lotus, smart and Jidu Automobile will eventually achieve real scale benefits on the basis of sharing platforms, but this advantage has not yet been reflected, which is also Geely’s "confidence to catch up".

Looking forward to the future, Geely Automobile said that the annual sales target in 2023 is 1.65 million vehicles, of which the sales of new energy will double compared with 2022. In terms of new models, Geely introduced at the performance meeting that in the next four quarters, 10 new models will be put on the market one after another.

In 2020, 505 Games brought us a Cyberpunk-style fast-paced first-person action game, Ghost Walker, which attracted countless fans in an instant with the innovative design of "Cyberparkour" and "One Strike Will Kill". Now that the three-year period has come, the series sequel Ghost Walker 2, which has attracted much attention, is about to return. Can this new work bring more surprises?

　　Nanjing’s "Diandude" is on fire. A Cantonese-style tea restaurant that has only been in Nanjing for more than 20 days has gained more than 1,300 comments from the public. However, the opening of the store has also brought troubles to the store — — The "yellow cattle" stared at the diners who lined up to eat. On the idle fish of the second-hand trading platform, search with "Diandude Nanjing" as the key word, and there are not a few "scalpers". Small table 70 yuan, middle table 80 yuan, and big table 100 yuan will be charged separately when they enter the store.

　　You have to find a "scalper" for a meal. Do you think it’s ridiculous? However, it is also a fact that customers queue up for consumption in many online celebrity restaurants in Nanjing, and scalpers smell "business opportunities" from them. They can enter without queuing, pay on the spot, and refund fees after the time limit. The slogan is eloquent and attractive, and scalper tickets are not worried about buyers. For young consumers who are keen on "punching in friends", this "handling fee" is not unbearable, and it is a cup of milk tea money at most for each person; On the other hand, spending hundreds of yuan saved the lengthy queuing time and ended up at ease.

　　Of course, not everyone is willing to spend this "wasted money". A grandmother who is over 60 years old in the "Diandude" team is puzzled by buying scalper tickets: "Why spend money to find someone to queue up? I don’t have much, just more time. " A consumer wrote angrily on the comment software: "It’s no problem to queue up for tickets normally, but the scalper at the door has dozens of tickets in his hand. How do merchants invoice?"

　　According to insiders, the "yellow cattle" were originally just some people queuing up for customers in advance to get a little hard work. Gradually, they are not satisfied with being single-handed "brokers", but form a tight network of purchasing in front and selling in the rear. From being hired to buying tickets to taking the initiative to hoard tickets and drive them up, the tickets for concerts that were robbed within 5 seconds were created, and the same was true for three hours without eating at the gates of Gelaoguan and Diandude.

　　Merchants are not unaware of this. On the contrary, some merchants even colluded with scalpers to create false and hot scenes, forming a gray industrial chain between online celebrity stores and scalpers. Last year, it was revealed that online celebrity Bakery Master Bao hired a fake team of yellow steaks in a store in Wuhan. The scalpers mixed up with ordinary customers to queue up for shopping, and then turned around to the kitchen to return the cakes they just got to the merchants. On average, a single order could earn "labor expenses" from 25 yuan to 30 yuan. After the incident was exposed, the number of people queuing in the store plummeted by 70%, and the popularity was "diving".

　　According to industry insiders, there are two main types of scalpers in the catering industry. One is that the company hires scalpers to queue up before it becomes famous or when a new store opens, and the other is that there are endless queues in front of the door, which leads to some "scalpers" who make profits. However, no matter which one, it will create a scene of hot business in restaurants for the outside world.

　　When some shops in online celebrity tried to create a false popularity, most honest businesses resisted. According to the clerk of Ge Laoguan in Nanjing Aishang Tiandi, consumers can get the number online through Ge Laoguan’s WeChat WeChat official account, and merchants will limit the number of times to get the number online by setting the ID of the account, up to five times a week. At the scene, the clerk tries to ensure that one person has one number as much as possible, and tries to avoid the phenomenon that scalpers repeatedly take numbers. "Although there are still scalpers scalping tickets, it is much better than before." The clerk said.

　　It is a common phenomenon that customers queue up in online celebrity stores, which makes the waiting time rich and interesting for consumers and tests the wisdom and intentions of businesses. When customers line up at Haidilao, the restaurant not only provides free snacks, drinks and fruits, but also provides free manicure and shoeshine projects, and even prepares colored paper for ingenious customers, which can fold paper cranes and fold stars to deduct the meal expenses, so that consumers can enjoy the process of waiting in line. The practice of "fishing at sea" is worth learning from many online celebrity stores. (trainee reporter Shen Jiaxuan)

    Xinhua News Agency, Brussels, March 13th (Reporter Zhang Zhaoqing) The European Parliament passed the "Artificial Intelligence Act" by an overwhelming vote on the 13th, which marked that the European Union cleared the last obstacle of legislative supervision on artificial intelligence.

    At the plenary session of the European Parliament held in Strasbourg, France, the bill received 523 votes in favour and 46 votes against.

    Thierry Bredon, member of EU internal market, posted a message on social media, welcoming the adoption of "the world’s first comprehensive and binding regulation on trusted artificial intelligence" by the European Parliament.

    It is reported that the bill will be published in the EU Gazette after all the approval procedures have been completed and will take effect in 20 days. The relevant provisions in the bill will be implemented in stages.

On the morning of September 23, although it rained continuously,

However, Suining International Convention and Exhibition Center is very lively.

Many citizens came to participate in the rain.

"The 13th Suining International Auto Show in 2023"

Automobile brands from all over the world compete on the same stage.

Have thrown out a series of preferential "big gift packages"

It is understood that this auto show is guided by Suining Municipal Bureau of Commerce and Suining High-tech Zone Management Committee, undertaken by Suining Shengxin Jinyuan Trading Co., Ltd. and co-organized by Suining Marketing Association. From September 22nd to 24th, the event brought together more than 40 brands, including Audi, Guangqi Honda, Guangqi Toyota, Jiangling Ford, BYD, Changan, Galaxy Automobile and Cadillac, covering imported, joint venture and independent automobile brands, and more than 260 models appeared at the auto show. In addition, in addition to traditional fuel vehicles, many pure electric new energy and hybrid new energy vehicles are also widely favored by the public.

As of 16: 00 on September 23,

The 13th Suining International Auto Show in 2023

More than 200 sets have been sold.

Sales exceeded 30 million yuan.

A total of nearly 3,000 citizens came to watch the exhibition.

　　In the process of driving on the expressway, I went to the service area to have a rest, but I lost my new mobile phone which cost more than 8,000 yuan … I thought that the hope of getting it back was slim, but Ms. Wang did not expect that the mobile phone would be recovered soon. Recently, Ms. Wang expressed her gratitude to the snack waiter in the parking area of Liandu, Zhejiang Transportation Group, who was unable to find money.

　　At 6 o’clock on the evening of March 18th, Ms. Wang drove from Jiangxi to Wenzhou, and had a rest through the Liandu parking area. When the car drove to Qingtian service area, she found that the mobile phone in the bag was gone. She immediately borrowed a friend’s mobile phone to dial her mobile phone number and found that the mobile phone had been turned off.

　　"The mobile phone bought for more than 8,000 yuan was lost only in two or three months, which was not only heartbreaking, but also the information in the mobile phone was very important." Ms. Wang said that in Qingtian service area, she tried to call her mobile phone number to see if it was turned off, and someone answered it soon.

　　The snack waiter said, "I found this mobile phone on the table in the store. I was cleaning at that time. When I saw it, I immediately picked it up and handed it to the manager on duty."

　　After getting the mobile phone, the manager on duty in the parking area found that it had been turned off, so he immediately recharged it, turned on the mobile phone and found that the screen was locked, so he could only wait for the owner to call.

　　At 6: 30 pm, the mobile phone finally rang. Ms. Wang, the owner, was very happy to learn that her mobile phone had been picked up by the staff of Liandu parking area, and said that she would return immediately to get it. In the parking area, Ms. Wang took back her lost mobile phone and took out 200 yuan money to thank the snack waiter for being rejected. She said, "Although I am a waiter, my income is not high, but I can’t take other people’s things. No matter how high-end and expensive things I find, I have to return them to the owner. This is the duty of being a human being."

　　Here, the staff of Zhejiang Communications Group also reminded passengers to take good care of their belongings to avoid unnecessary losses. If you lose something on the highway, you can call 12122 or ask the service area staff for help. (Zhang Yikai)

China Football: Challenge and Hope

China football has been facing great challenges, especially in the international arena, the performance of China’s national football team has been unsatisfactory. This has aroused widespread concern and reflection, as well as full of expectations for the future of China football. However, the recent meeting between the president of AFC and the president of China Football Association has brought new support and hope to China football.

Commitment of FIFA President

The president of the Asian Football Association recently had an important meeting with the president of the China Football Association, and he said that he would fully support the revitalization of football in China. This commitment has aroused widespread discussion and concern, because the support of the AFC President is regarded as a key step for China football to return to the international stage. This also means that China football will get more resources and opportunities to improve the level of players, strengthen infrastructure construction and promote the all-round development of football.

The Spirit of Football in China

The history of China football is full of tenacity, unyielding, unity and enterprising spirit. Despite the enormous challenges, China football players have been full of determination and courage, and constantly strive to improve their own level. This spirit can be reflected on the court, and it also encourages more young people to devote themselves to the football cause and contribute to the development of football in China.

Badminton Competition in the Asian Games

Besides football, the Asian Games is also a grand gathering of various competitive sports, including badminton. The badminton competition in the last Asian Games attracted top players from all countries, who showed their high-level skills and competitive strength. These competitions also provide a platform for athletes from Asian countries to exchange and learn from each other.

China’s success.

In the badminton competition of the last Asian Games, China performed well and won many gold medals. This not only brought honor to the country, but also filled with hope for the future of badminton in China. The success of China Badminton Team is the pride of China Sports, and it has also inspired more young people to join badminton.

The charm of Asian badminton

Asian badminton competition is not only a grand event of competitive sports, but also an exchange of culture and friendship. Athletes from different countries learn from each other in the competition, and at the same time better understand and appreciate the charm of Asian badminton. This cross-cultural exchange not only promotes friendship, but also helps to promote the development of sports in Asia.

summary

Football in China is facing great challenges, but it is also full of hope. The commitment of the AFC President has provided new support for the revitalization of China football, and the spirit of China football will continue to inspire the younger generation. At the same time, the badminton competition of the Asian Games shows the splendor and diversity of Asian sports, which brings more possibilities for the future of Asian sports. China Football and Asian Badminton are constantly moving forward, contributing to the development of sports.

　　Qilu netTaian May 20 thOn May 20th, the opening ceremony of 2018 China Xintai Cherry Festival and Economic, Trade and Cultural Cooperation and Exchange Conference kicked off in Lianhua Mountain, xintai city. Visitors can not only watch cherry picking, but also swim in a thousand acres of lily sea. This year’s Cherry Festival is jointly organized by Tai ‘an High-tech Zone and xintai city, during which the "Lily Culture and Art Festival" will be held, and the whole activity will last for one and a half months.

　　The purpose of this cherry festival is "cherry as the medium, lily to welcome guests, culture to set up a stage, and economic and trade singing", and domestic and foreign merchants are invited to gather in Xintai to carry out economic and trade cooperation and exchanges, and promote project signing and industrial docking. Tai ‘an High-tech Zone also arranged for 19 enterprises with special agricultural products to participate in the exhibition, bringing special agricultural products such as potatoes, organic tea, Chinese herbal medicines, wool products and Chinese calcium fruits to the scene, so as to build high-quality and special agricultural products brands on the occasion of the Cherry Festival.

　　The signing ceremony of the 2018 China Xintai Economic and Trade Cooperation Fair was also held, and a series of activities were held, such as famous agricultural products exhibition, photography exhibition, Luxinpai bonsai exhibition, intangible cultural heritage photo exhibition and excellent project on-site exhibition, xintai city moral model and "good people around" deeds exhibition, etc. Visitors can not only experience Xintai’s profound history and culture in Lianhua Mountain, but also enjoy the beautiful natural scenery. They can also go to Tianbao Town, the origin of "Chinese cherry", and the cherry base in Guli Town to watch and pick.

　　During the whole cherry festival, the activities were brilliant. Xintai will also hold activities such as "The Second Tiancheng Guanyin Prayer Season", "Top 100 Travel Agencies in Shandong Province Enter Lotus Mountain in Xintai", "Seeing Xintai through the Transformation of Old and New Kinetic Energy", "New Media Walking in beautiful countryside" and "Tasting Red Cherry and Singing New Xintai".

　　Among them, the biggest highlight is the "Lily Culture and Art Festival" which started on June 16th. At that time, Xintai will rely on the 6,000-acre lily garden of Hui Mei Agriculture and Animal Husbandry Co., Ltd. located in Yangliu Town to hold many activities such as lily beauty food tasting, lily product exhibition, lily calligraphy and painting martial arts exhibition, fragrant lily wedding dress show, and a hundred-year collective wedding. With lily as the introduction, Xintai will build a tourism brand integrating eco-sightseeing, leisure flower viewing and rural tour.

　　Lightning journalist Wang Xun Taian reports.