CPC Central Commission for Discipline Inspection: The first-in-command violates the law and is prone to chain reaction and even collapse.

  BEIJING, Nov. 23 (Xinhua)-Ma Senshu, director of the Regulation Office of the Central Commission for Discipline Inspection, recently made a guest interview on the CPC Central Commission for Discipline Inspection website to interpret the Regulations on Inner-Party Supervision in the Communist Party of China (CPC). He said that top leaders at all levels play a key role in promoting the cause of the party and the state. At the same time, the behavior of leading cadres has a leading role, and the top leaders who violate the law and discipline are most likely to have a catalytic and chain reaction, and even cause regional, systematic and collapsed corruption.

  Ma Senshu introduced that party constitution’s general program clearly pointed out that it is necessary to "strengthen supervision over the leading organs of the Party and leading cadres in party member, especially leading cadres". The guidelines and regulations all emphasize that to strengthen and standardize the political life within the party and strengthen inner-party supervision, we must start with leading cadres, especially senior cadres.

  Ma Senshu introduced that the general regulations clearly stipulate that the key targets of inner-party supervision are the party’s leading organs and leading cadres, especially the main leading cadres. The responsibilities and systems stipulated in other chapters are designed around supervising the top leaders, which not only makes the top leaders’ decision-making, employment and personal matters more open and transparent through organizational and institutional innovation; Moreover, more supervision probes are set up, and attention should be paid to finding clues from patrol supervision, discipline review, audit and justice, letters and visits and reports, so as to make them under the supervision of party organizations, party member and the masses.

  He introduced that in the relevant provisions, it is also required to strengthen the supervision of the main leaders of party organizations and leading cadres in key positions, focusing on supervising their political stance, strengthening party building, strictly administering the party, and implementing party resolutions, selecting and employing people fairly and honestly, and being honest and self-disciplined.

  The higher-level party organizations are mainly responsible for the lower-level party organizations, and they usually ask more questions and remind them, and correct problems in time when they are found. If members of the leading group find that the main person in charge has serious problems, they should raise them in time. The personal matters related to the main person in charge of the party organization should be made public in a certain range within the party and take the initiative to accept supervision.

Australian guy Cheng China online celebrity said that realizing the value of life in China.

  Xinhuanet Beijing, June 14th Australian guy David Gulasi has been a foreign teacher in China for nearly 7 years. He often posts funny English videos made by himself on Weibo, helping netizens learn English through laughter. He is very popular and has become an internet celebrity himself. Recently, in an interview with Xinhua News Agency, Gulasi expressed his love for China, saying that he realized his life value in China and he was willing to be a "happy fruit" for the people of China.

  Gulasi worked in an IT company in Sydney before coming to China, and occasionally performed outdoor comedy talk shows at the Sydney Comedy Club. He came to Hohhot, Inner Mongolia to teach English in 2010, when he only planned to stay for three months. Unexpectedly, after living here for a period of time, he became more and more fond of it, learned some dialects and integrated into local life. Later, he opened his own English training institution in Hohhot.

  33-year-old Gulasi never thought that she would become an internet sensation in China. He said that although his Weibo was taught to register by a friend in China a few years ago, what really made him angry was the video released in Weibo in January this year, which told him how to teach students how to use the English word "Play" and teach netizens to understand the usage of this word with vivid expressions.

  Gulasi said, "I only had 50 followers the night the video was released, and by the next morning there were 120,000 followers. Later, I recorded some videos, which were also very popular with netizens. All this came too suddenly, and everyone said they liked my facial expression. "

  Since the video became a popular video, Gulasi often made videos based on anecdotes in class, experiences in life, current hot topics and differences between Chinese and western cultures, and told stories with rich facial expressions and vivid body language in the form of interspersed Chinese and English. Gulasi has also gained a lot of fans. At present, his Weibo has more than 730,000 followers, and most of his videos have thousands of likes, with a lot of comments and reposts.

  Recently, he uploaded a video, angrily denouncing some foreigners in China, saying that they live easily in China, earn money from Chinese and have girlfriends in China, but complaining about all kinds of bad things in China. Gulasi is angry at these impolite behaviors, and hopes that foreigners in China will have a correct attitude and be grateful for what they have here. He also took the earth-shaking changes in Shenzhen for more than 30 years as an example to show that the achievements of China’s rapid development are few in the world. This video has made him famous, and it has become the second most popular video in his personal Weibo, with more than 50,000 likes and more than 7,000 comments.

  Gulasi has now settled in Hohhot, married a Mongolian girl and had a beautiful daughter. He is grateful for everything he has in China. One of the videos tells five reasons why foreigners like China. After comparing with Australia, Gulasi praised the high efficiency of online shopping, express delivery, banks and hospitals in China, and finally emphasized the delicious food in various places in China.

  Gulasi said, "I’ve been trying different ways to make people laugh. I have this gene. I have been trying to teach students to learn English in an entertaining way, because the education method in China is too serious. " His teaching method is very popular with students. He likes to communicate with students and pays attention to interesting topics.

  Gulasi told reporters that he likes teaching English to Chinese very much and would like to be a "pistachio" for Chinese. He said that Hohhot has helped him too much and realized his life value here. Teaching English here is not only a job, but also his passion. (Xinhua News Agency reporters Jaco and Gregory Dimopoulos from Sydney, edited by Du Jian, reported by Xinhua International Client)

Less than 80 thousand to buy Wuling pure electric SUV, Bingo SUV five-seat version listed

The five-seat version of SUV is officially launched, with three configurations of 330km, 401km and 510km, and its price is 75,800 yuan, 84,800 yuan and 95,800 yuan respectively.

Policy-Horizontal Edition

The car rights include:

Colorful rejuvenation ceremony: the replacement subsidy is as high as 22,000 yuan, the whole department gives 3M solar film and AC charging piles.

Binguo SUV, to meet the advanced needs.

In recent years, the A0-class pure electric vehicle market has developed rapidly, which is very popular because of the low price and travel cost, such as Mini EV, and its debut is the peak.

Last year, Wuling launched the Bingo model. With its lovely design and compact body, it grasped the aesthetics of young people and quickly opened the market.

/private/var/folders/b2/bb8jtfv13hn_w_r3yc8f49j40000gn/T/com.kingsoft.wpsoffice.mac/picturecompress_20240918144347/output_1.jpgoutput_1

At the same time, many consumers also said that the Bingo series should launch a SUV version with more space, and Wuling was also very persuaded. Now the five-seat version of Bingo SUV has arrived, which also shows that Wuling is responding to the needs of the mainstream people, with more space and longer battery life. It also shows that the five-seat version of Bingo SUV is a model that meets the advanced demand for travel;

As an SUV, the main purpose of Bingo SUV is no longer just to focus on daily commuting and picking up family members, but to meet the needs of more passengers and more travel scenes.

Greater space experience

Since it is a pure electric SUV, the five-seat version of Wuling Binguo SUV must have its own advantages, that is, space.

The five-seat version of Bingo SUV is based on the Tianyu architecture -M platform developed by Wuling, positioning small SUVs, with the length, width and height of 4090mm*1720mm*1575mm respectively, and the wheelbase of 2610mm, A0 class car and A+ class, which is his advantage in the same class.

The distance between the two rows of the five-seat version of Bingo SUV has reached 882mm, which makes it possible to comfortably fill the space of five people. There is also a lot of storage space in the car. After all, it is mainly for home use, mainly for convenience and practicality; There are 23 storage spaces in the car, and the rear seats support the whole falling down, so that the trunk space can be 1450L, and it is easy to put some big items, such as doll trolleys and bicycles.

/private/var/folders/b2/bb8jtfv13hn_w_r3yc8f49j40000gn/T/com.kingsoft.wpsoffice.mac/picturecompress_20240918144155/output_1.jpgoutput_1

IMG_256

High-value appearance, grasping personality aesthetics

In terms of appearance, the five-seat version of Wuling Bingo SUV continues its youthful and lovely style in passenger cars; The appearance adopts a suspended color separation roof, providing four car paints: milk coffee white, glass red, storm grey and aurora green.

As a pure electric SUV model, Bingo SUV’s five-seat version of the large-angle windshield, front air curtain with wind blade, 15-inch aluminum alloy wind-breaking wheels, anti-upturned tail wing and other details are designed, and the wind resistance of the whole vehicle is optimized by 13%, which lays the foundation for its low energy consumption.

/private/var/folders/b2/bb8jtfv13hn_w_r3yc8f49j40000gn/T/com.kingsoft.wpsoffice.mac/picturecompress_20240918150846/output_1.jpgoutput_1

In terms of interior design, the five-seat version of Wuling Binguo SUV provides two color schemes: empty green and warm sand white, and the material is a 360 skin-friendly soft bag design;

The main driver’s seat supports electric 6-way adjustment, and the rear seat can be laid down independently in 4/6 minutes and equipped with independent headrest. It can be seen that this is a car with great consideration for passengers in the car or commuting at home.

img_v3_02eb_b714c743-b3c5-4139-a94d-3c5abf1664bg

In terms of power, the five-seat version of Wuling Bingo SUV uses a 75kW drive motor with a maximum torque of 180 N m. In the main power and acceleration demand range of 0-50km/h, the five-seat version of Bingo SUV can be completed within 3.7 seconds at the earliest.

/private/var/folders/b2/bb8jtfv13hn_w_r3yc8f49j40000gn/T/com.kingsoft.wpsoffice.mac/picturecompress_20240918144314/output_1.jpgoutput_1

Of course, in terms of battery life, since it is a home SUV, in addition to meeting daily commuting, it also needs to meet long-distance travel;

Wuling Binguo SUV five-seat version provides three endurance versions: 330km, 401km and 510km. With the aforementioned wind resistance optimization, its power consumption per 100 kilometers can be as low as 10.1kW·h, and the use cost per kilometer is about 6 cents, which is a low-cost trip.

In terms of energy replenishment, Bingo SUV five-seat version supports three charging modes: DC charging pile, AC charging pile and household socket. It only takes 30-35 minutes for DC fast charging SOC to change from 30% to 80%, and it can also be adapted to household 220V/10A socket, which is fast and convenient for energy replenishment. This aspect is also the performance that a good family car should have.

The car is small but safe.

Although its car is small, the five-seat version of Wuling Bingo SUV is unambiguous in terms of safety. The whole system is equipped with refined batteries, and the technology of "asking the top" of batteries is the first, which can ensure that the batteries will not be short-circuited, leaked, separated from lithium and caught fire. At present, the models of Wuling new energy vehicles with a sales volume of 2 million still have the result of collision and spontaneous combustion.

The five-seat version of Bingo SUV adopts a five-ring high-strength steel body structure, with high-strength steel accounting for 74.8% of the whole vehicle, 22 high-strength thermoformed steel with tensile strength exceeding 1500Mpa, 4 airbags as standard in the whole system, and ESC electronic vehicle stability system, automatic parking system, reversing radar and other configurations.

/Users/zengtao1/Library/Containers/com.kingsoft.wpsoffice.mac/Data/tmp/picturecompress_20240305201545/output_1.pngoutput_1

Driving a car online

The five-seat version of Bingo SUV has a good body size, so you don’t have to worry about driving it, and it is also equipped with keyless entry and start, remote control function of mobile phone, four-door window one-button lifting belt anti-pinch and electronic pocket gear, which are very convenient to use.

In terms of ride experience, the NVH of the five-seat version of Bingo SUV is obviously online, because it is equipped with 31 acoustic package parts, covering the main noise sources in the car.

/private/var/folders/b2/bb8jtfv13hn_w_r3yc8f49j40000gn/T/com.kingsoft.wpsoffice.mac/picturecompress_20240918151203/output_1.jpgoutput_1

Since the beginning of Wuling Hongguang Mini EV, we have seen Wuling’s achievements in the field of family cars. Its concept is to bring affordable models to everyone. The five-seat version of Bingo SUV is a more advanced choice, and it is also a high-quality car that continues the concept of high quality and price ratio, affordable and well used by the people.

It’s better to go for a ride.

 If you’re tired of seeing old faces in the car market, take a look at new cars. There are new models on the market, and there are additional cars that do not increase the price. Maybe one of the cars will catch your eye. If you start fast enough, you may still have time to drive a new car to your friends to watch the World Cup final, or bring your girlfriend to bask in the moon and blow on the cool breeze

 

1

Add volume without price increase · Dongfeng Peugeot 2010 207

IPO time: end of May 2010

Price: 71,800~ 99,800 yuan

The new 207 still adopts the strategy of selling hatchback and sedan together, and the models are only divided into the Ju Le version and the Pinle version. On the basis of the original, the 2010 207 Ju Le version models have been replaced from steel wheels to 14-inch aluminum alloy wheels, which not only increases the texture, but also makes the whole car look more fashionable. In terms of safety equipment, the new model is equipped with a large field of view external rearview mirror on the driver’s side. In addition, the Pinle version is equipped with a reversing radar, while the car stereo is an RD9 sound system, which can read MP3 format CDs, radios, and has a USB interface.

2

Big Wisdom with a Small Block · Chevrolet New Sail Hatchback

IPO time: June 1, 2010

Price: 56,800~ 75,800 yuan

The newly launched Sail Hatchback 1.2L has three models: manual warm version, manual ideal version and five-speed hand-integrated EMT ideal version. The EMT semi-automatic gearbox is also the first to appear in the new Sail car series. The engine of this car still uses the S-TEC series of the previous new Sail sedan. The maximum power of the 1.2L engine is 64kW and the maximum torque is 115 N · m. The maximum power of the 1.4L engine is 76 kW and the maximum torque is 131N · m, which can compete with the ordinary 1.6L engine. In terms of body, the new Sail of the hatchback is 302mm shorter than the sedan, but because the new Sail of the hatchback adopts a boxy square design, it provides a greater sense of space to a certain extent. The headroom in the rear seat is further increased, and the legroom in the front and rear rows is also extended.

Because the new hatchback Sail features a boxy square design, it provides a greater sense of space to a certain extent

 3

German equipment American car · New 2.0T Mondeo

IPO time: early June 2010

Price: 260,000 yuan

The Mondeo with the new 2.0TEcoboost turbocharged direct injection engine is available overseas. Ecoboost is Ford’s general term for engines using turbocharged and in-cylinder direct injection two core technologies. The new engine is made of all aluminum alloy material, with a maximum power of 149kW and a maximum torque of 300N · m. It only takes 7.9 seconds to accelerate from rest to 100km/h. Due to the use of new technology, the fuel consumption of the engine is 19% lower than that of the old 2.3L engine, and the fuel consumption of 100 kilometers is only 7.7L.

This engine is paired with the Ford PowerShift dual-clutch transmission, which has been used on the domestic Volvo S40 previously. The dual-clutch transmission will reduce the shock sensation when shifting gears and can effectively reduce fuel consumption.

Ecoboost is Ford’s general term for engines that use turbocharging and direct injection

4

Who is Kaiser Suzuki’s flagship model KIZASHI?

IPO time: July 2, 2010

Price: 179,800~ 279,800 yuan

Imported Suzuki’s flagship model "KIZASHI", which means "a sign of good luck" in Japanese, is similar to our "good luck". As a mid-range car, the overall size of the Kaiser is relatively compact. Powerfully, the Suzuki Kaiser is equipped with a 2.4-liter inline-four engine with a variable intake system and dual mufflers, which helps to improve intake and exhaust efficiency.

5

The smallest displacement C · Beijing Benz C180

IPO time: June 1, 2010

Price: 308,000 yuan

The domestic Mercedes-Benz C180 model is equipped with a mechanical supercharged engine of only 1.6L. Despite its small displacement, its maximum power can reach 115kW and the maximum torque can reach 230N · m. The launch of the Mercedes-Benz C180 will become the smallest displacement model in the C-class, with a comprehensive fuel consumption of only 7.7L per 100 kilometers. It can be said that Mercedes-Benz is a luxury brand that is close to the people.

 6

Power to the high end · New Bora 1.4TSI

IPO time: June 10, 2010

Price: 128,800~ 147,800 yuan

The biggest change in the 2011 Bora 1.4TSI is that it is equipped with the EA111 series 1.4TSI turbocharged engine produced by FAW-Volkswagen Dalian Engine Factory. The Volkswagen 1.4TSI engine can achieve a maximum power of 96kW and continuously output a peak torque of 220N · m at 1750-3500 rpm, and the output power even exceeds that of the ordinary 2.0L naturally aspirated engine.

 7

Brake priority can have domestic new Prado

IPO time: June 22, 2010

Price: About 550,000~ 650,000 yuan

The new generation Prado model adopts the 2790mm wheelbase platform of the current model, and the external dimensions are slightly changed. Its length, width and height are 4760mm × 1885mm × 1850mm, which is 110mm shorter than the current domestic model in length, 10mm wider and 55mm lower in height. The new car is still available in 5-seat and 7-seat versions, equipped with a 4.0L V6 engine and KDSS system.

The brand new Prado has added a brake priority system (BOS). The manufacturer said that in the future, local production in China and imported vehicles will be equipped with the BOS brake priority system.

8

Tempting You with the Price 2010 Chevrolet Copache

IPO time: June 17, 2010

Price: 224,800~ 275,800 yuan

The 2010 Chevrolet Kopacs are fully imported. They are equipped with two engines, 3.2-liter V6DVVT and 2.4-liter L4, respectively. They are equipped with a 5-speed manual and a 5-speed manual transmission. The pure American SUV chassis is its unique weapon. The intelligent and timely four-wheel drive system can automatically switch between two-wheel drive and four-wheel drive according to road conditions. What’s more eye-catching is that the 2010 Chevrolet Kopacs 3.2-liter V6 grabbed the market with a price of 275,800 yuan. The previous guidance price of the 08 3.2-liter V6 on the market was once 372,800 yuan, which was reduced by nearly 100,000 yuan.

What’s more eye-catching is that the 2010 Chevrolet Copache 3.2-liter V6 grabbed the market with a price of 275,800 yuan

9

Plastic surgery is different. Great Wall Haval H5 European Style Edition

IPO time: June 5, 2010

Price: 99,800~ 158,800 yuan

Haval H5 European style version is more compact and fashionable in terms of body shape. The raised lines of the hood are more three-dimensional, and the double U-shaped front air intake grille is more fashionable than Haval. With the newly designed narrow headlights and fog lights, the entire front face of Haval H5 looks very vivid.

The change in appearance is obvious, let’s look at other things. Haval H5 Euro version gasoline version is equipped with the engine still used in the H3, displacement is 2.4L, power is 100kW (5250rpm), torque is 200N · m (2500~ 3000rpm), with a five-speed manual transmission. Another more eye-catching model is equipped with a 2.5L displacement diesel engine, with a maximum power of 80kw (3600rpm) and peak torque of 300N · m (1800~ 2400rpm). Only 2.4L models will be available in the early stage.

Chongqing Cadillac XT5 price reduction news, the latest offer 242,700! not to be missed

[Autohome Chongqing Discount Promotion Channel] brings you the latest car market trends. This luxury SUV is conducting an unprecedented promotion in Chongqing. It is understood that the discount range is as high as 130,000, providing consumers with real car purchase benefits. The minimum starting price has been adjusted to 242,700, which undoubtedly provides an excellent opportunity for consumers who are interested in buying XT5. Friends who want to know more details and get higher discounts, please click the "Check Car Price" button in the quotation form to let professional consultants provide you with personalized car purchase advice. Don’t miss it, act now!

重庆凯迪拉克XT5降价消息,最新报价24.27万!不容错过

The exterior design of the Cadillac XT5 shows the perfect combination of luxury and power. On the front face, the chrome-decorated shield-shaped air intake grille highlights the iconic style of the Cadillac family, and together with the sharp LED headlight set, it creates a strong visual impact. The body lines are smooth and tough, highlighting the fusion of sports and elegance. The overall style is both modern and does not lose the solemnity of traditional luxury cars. The profile design of the side of the body highlights the sense of power, and the rear part of the car is further enhanced by the simple and delicate taillights and bilateral double exhaust layout. Whether it is the details or the overall design, the Cadillac XT5 is pursuing the perfect balance of refinement and dynamics.

重庆凯迪拉克XT5降价消息,最新报价24.27万!不容错过

The Cadillac XT5 demonstrates its unique design aesthetic with an elegant profile. The body size is 4813mm*1903mm*1682mm and the wheelbase is 2857mm, ensuring plenty of interior space and driving stability. The front and rear wheels are 1645mm, reflecting a balanced body proportions. The tire size is 235/65 R18, and it is matched with a delicate wheel design, which not only enhances the visual tension of the vehicle, but also ensures the grip and comfort during driving.

重庆凯迪拉克XT5降价消息,最新报价24.27万!不容错过

The interior design of the Cadillac XT5 fully reflects the fusion of luxury and technology. The exquisite leather steering wheel provides a comfortable grip, with manual up and down + front and rear adjustment functions, which not only enhances the convenience of the driver, but also highlights its delicate humanized design. The center console is equipped with an 8-inch high definition touch screen, integrated multimedia system, navigation, telephone and air conditioning control functions, smooth operation and intuitive information display. The seats are made of imitation leather and leather, and the seats are rich in functions, including front and rear adjustment, backrest adjustment, high and low adjustment and waist support. The driver’s seat is also equipped with a power seat memory function to ensure the comfort of the occupant. The second row of seats can also be moved back and forth, and support backrest adjustment, making the space flexible and changeable. The overall interior design fully reflects Cadillac’s attention to detail and consideration of user experience.

重庆凯迪拉克XT5降价消息,最新报价24.27万!不容错过

The Cadillac XT5 is powered by a powerful 2.0T turbocharged engine with a maximum power of 174 kilowatts, releasing 237 horsepower and torque of 350 Nm. Coupled with an efficient 9-speed automatic transmission, this engine ensures the smoothness and responsiveness of the vehicle during driving.

Overall, the Autohome owner is full of praise for the exterior design and spacious interior of the XT5, which he believes is the American luxury charm exuded by the Cadillac brand. This model undoubtedly satisfies his pursuit of high performance and comfort, allowing him to enjoy a distinguished experience during driving. On the road of the Cadillac XT5, both the appearance and the interior have become the focus of the owner’s satisfaction.

Add color scheme and paddle shifter, static experience 2025 Lingyun

  Xingtu Lingyun 2025 has evolved again, not only adding a new appearance and interior color scheme, but also adding paddle shifters to further enhance the driving feeling.

Add color scheme and paddle shifter to statically experience the 2025 Lingyun _fororder_image002

Add color scheme and paddle shifter to statically experience the 2025 Lingyun _fororder_image001

Add color scheme and paddle shifter to statically experience the 2025 Lingyun _fororder_image003

  The new car adds a new car color of Firmament Blue, Muguang Orange interior (NAPPA textured leather seats + cloud velvet suede ceiling), and a new 19/20-inch wheel hub shape. Black chrome decorative strips are added to the steering wheel. 300T Xingyao and above models add paddle shifters, equipped with full-stack self-developed 8AT. The car-machine interconnection system is upgraded, and the Hicar4.0 application is integrated into the car-machine system, with double flash buttons and ADAS experience optimization.

  The new car continues the Xingtu family design language. The front face is still equipped with a large air intake grille, and the interior is filled with a family-style horizontal banner structure. The headlight set is connected by a through daytime running light. The new car adds 19-inch rim and 20-inch rim styles for users to choose from. The 400T is matched with the 20-inch high-performance wide tire of the German Continental MC6. The length, width and height of the new car are 4780×1890 × 1730mm, and the wheelbase is 2800mm. The new car is available in classic black and fashionable orange interior colors. The version of this shooting adopts an orange interior, which is combined with the NAPPA-textured leather seats to further enhance the luxury of the car. The roof of the vehicle is made of suede with a cloud velvet feel, which adds to the refinement and comfortable touch of the interior.

Add color scheme and paddle shifter to statically experience the 2025 Lingyun _fororder_image004

Add color scheme and paddle shifter to statically experience the 2025 Lingyun _fororder_image006

Add color scheme and paddle shifter, static experience 2025 Lingyun _fororder_image005

  The new car features a large number of chrome-plated elements and a large area of leather wrapping, such as black chrome trim on the steering wheel, which enhances the texture and aesthetics while further enhancing the performance of high temperature resistance and corrosion resistance. The new car has also been upgraded in the sensory experience, adding a steering wheel heating function to enhance the comfort of winter driving. It is also equipped with exquisite and compact paddle shifters and comfortable flying wing headrests. At the same time, the passenger seat has added up and down adjustment functions to further enhance the personalization and comfort of the ride. The car is also equipped with 7.1.4 panoramic surround 23 speaker system and AQS air monitoring system. The new car is also equipped with a queen seat, which can enjoy a SPA-level massage, integrated with the passenger’s leg rest, seat massage, heating, seat cushion and backrest ventilation, and flying wing headrest.

Add color scheme and paddle shifter, static experience 2025 Lingyun _fororder_image007

  The new car has enough space. According to the official news, the maximum effective leg space of the second row occupants is 1043mm, which is relatively spacious. The trunk space is about 470L, and the double-layer design makes the loading space more flexible. The capacity of the two-row seats can reach 1456L.

  The new car offers two engine options: 1.6T (300T) and 2.0T (400T) engines. The 1.6T (300T) engine has a maximum power of 148kw and is matched with a 7DCT gearbox. The 2.0T (400T) engine has a maximum power of 192kw and is matched with an 8AT gearbox. It is worth mentioning that this self-developed 8AT automatic gearbox will be equipped with a brand new control program. The 2025 Xingtu Lingyun is also equipped with 21 ADAS assisted driving functions, including ACC adaptive cruise, AEB active braking, MEB reversing emergency braking, ELK lane keeping, RDP lane correction, traffic sign recognition, and more.

  After 5 years and 6 iterations of upgrades, Xingtu Lingyun has accumulated a good market reputation for performance and quality. Behind the 2025 new Lingyun, it is witnessed that Chinese cars rely on technological innovation and master the product confidence brought by independent technology. (Source: Xingtu Automobile)

Deng Chao invited to take pictures of the "trash can" long holiday to do environmental protection


Deng Chao

    The National Day holiday is coming again. I believe that many readers will choose various ways to spend a leisurely long holiday. There are tourists, people who search for delicious food from all over the world, people who stay at home to read books and watch DVDs, and people who go home to accompany their relatives… In fact, many times they choose passively. Every time they go on the holiday, many people are very torn: where to play? What to play? The major attractions are full of people, taking commemorative photos of "this visit" in the crowd, tasting food in the crowd and staring at you at any time. It seems that it is difficult to make people fascinated, so there are more and more otaku otaku women. 

  During the seven-day National Day holiday, in addition to enjoying the mountains, water, eating, drinking and having fun during the trip, or staying at home to watch DVDs and completely relax, how can we leave a memorable mark on the trip to the festival? Traveler Li Songtao advocates making a responsible trip and experiencing love during the trip. From today onwards, the Chengdu Business Daily Culture News Department launched a special planning report on "National Day holiday, star tour guides will take you to play together". Every day, a star tour guide, a way to celebrate the festival every day, see how the stars celebrate the festival differently, and listen to how the stars travel briskly. Maybe the holiday arrangements of star tour guides can be used for your reference – –

Today’s main star tour guide

Deng Chao playing photography

  Today, the first "long holiday leisure tour guide" we launched for you is the popular star Deng Chao. Deng Chao, who loves to travel and photography while taking a break, named his photography "Super Perspective", and looks forward to holding his own photography exhibition someday. During this year’s National Day holiday, Deng Chao advocated an environmentally friendly trip, collecting garbage on the way and taking pictures of unique trash cans.

  Recently, Deng Chao came to Chengdu to promote his participation in the performance. In an exclusive interview with a reporter from Chengdu Business Daily, Deng Chao admitted that his hobby is photography, and he and his girlfriend Sun Li are both enthusiasts. There are many people traveling on National Day, and Deng Chao reminds everyone not to forget to bring a camera when traveling to record the beautiful moments. At the same time, Deng Chao hopes that travelers will take care of the environment and respond to his call to shoot some distinctive trash cans. In addition, Deng Chao also commissioned Chengdu Business Daily to collect photos of trash cans taken by fans. He will comment on these photos in Chengdu Business Daily, and lucky fans will also receive a photo album signed by Deng Chao.

National Day Arrangement

Go back to Nanchang alone to accompany your parents

  During the National Day holiday, because his girlfriend Sun Li was filming a movie, Deng Chao could not travel with her, so Deng Chao planned to return to his hometown of Nanchang to accompany his parents. "I have made two TV dramas and one movie this year, plus the intensive promotion of’Di Renjie’s Tongtian Empire ‘, and I have never rested, so before the next movie starts, I will give myself and my family some time to relax completely. Read books that I haven’t finished yet, listen to music, and maybe prepare for my new record."

Travel inspiration

It’s a chance for self-awareness

  Like many readers, Deng Chao also loves to travel. Deng Chao said: "Travel is a man’s favorite time. I enjoy and pursue a heart as free as the wind. I also use my own eyes to capture the gifts given to us by the years. In these silent surroundings, there are often many stories." Deng Chao said that travel can change the mood of the usual stereotypical life: "I think everyone can relax their mentality after a few months of busy work, away from their usual work and life, and see the scenery elsewhere." In Deng Chao’s view, travel is not only an opportunity to relax, but also an opportunity to re-recognize oneself, and you will discover many potentials. For example, during a trip to New Zealand, he tried bungee jumping, challenging his psychological limits. From struggling to conquering to gaining pleasure, Deng Chao felt a sense of growth.

Love photography

Describe the world from a "super perspective"

  Deng Chao always carries a camera with him every time he travels, and uses his unique perspective to experience the wonders of the world. The angle of the scenery entering his lens is very special, and Deng Chao calls himself "Super Perspective" – completely belonging to Deng Chao’s perspective. During his travels, Deng Chao often "travels the world" by himself with the camera on his back. "I don’t know when I fell in love with photography. I really hope that one day I can hold my own photography exhibition and use my lens to describe the world." Due to his love of photography and travel, Deng Chao has published a travel journal "Chao and Superman – A Magic Life in the Film Kingdom", which takes readers to experience the beauty and culture of New Zealand, and records another feeling of life with the lens.

  Deng Chao also told a reporter from Chengdu Business Daily that when it was broadcast, he and Sun Li specially launched a "pure love is solid – sweet moment pictures" collection activity. They hope that everyone will record the beautiful emotions in life through pictures, and show the love that gives people warmth and strength. "The sweetness in life is by no means deliberate, and it is not necessarily formal. On a long-distance plane, covering her sleeping with a blanket; walking hand in hand on the beach under the setting sun is very sweet. It is reported that Deng Chao’s photography skills have won the favor of Sun Li’s mother. It is reported that he has tried his best to be a photographer every time, and has taken many memorable moments for Sun’s mother.

Pay attention to environmental protection:

I plan to shoot 100 trash cans.

  Because of his extreme concern for environmental protection, Deng Chao now shoots the most trash cans, and his wish is to shoot 100 trash cans in the world in the shortest time. As for why he shoots trash cans, Deng Chao said: "What impresses me deeply is that when I see very clean trash cans abroad, not only is the trash classified, but the trash can itself is like a work of art. I can even take pictures with them. I admire this level of environmental awareness and civilization. In fact, a small trash can can convey a lot of information." Deng Chao said that he hopes that everyone will also bring their cameras to shoot trash cans during the festival to remind everyone to take care of the environment together. Photographs of fans participating in the shooting should be sent to the event email: shihaosky@hotmail or shihaosky@tom, submission time: October 1 – October 8 at 12:00.

Deng Chao’s recommended travel itinerary

MILAN – Fashion and leisure in one

  As for the memories in the camera, Deng Chao said that his favorite is this year’s trip to Milan, Italy. Deng Chao took thousands of photos during this trip to Milan, and he specially recommended this place to friends who like to travel – because September and October coincide with the 2011 Milan Spring and Summer Fashion Week. The scene of famous designers, fashion magazine editors, supermodels and celebrities walking together can really make people dazzled and overwhelmed.

  Milan is a city of slow life everywhere, Mr. Deng said, with stores closing around 7:30 p.m., leaving only restaurants and bars. The European style of leisure is vividly reflected here. On Sundays, most shops are closed all day, and everyone can get a complete rest. "The city is filled with a cold artistic atmosphere, and there are not so many people on the streets. In this urban environment, you can easily enjoy the sun, the air, and even every minute of life. I heard from friends before that Italians and Chinese are very similar in many ways, so you can experience it." Deng Chao believes that the charm of a city is best reflected by the people living in the city. Deng Chao once saw many couples or three generations of old and young sitting together watching football at the San Siro stadium. "They are happy because they have a holy city where they can release their enthusiasm."

  Before going to Milan, when Deng Chao started packing his bags, he had already thought about what he wanted to shoot! Professional cameras, point-and-shoot cameras… Because different cameras can shoot different effects, DUOMO Cathedral, San Siro Stadium, Peace Gate, La Scala Opera House… All these buildings were snared in Deng Chao’s lens.

Driver: "Ferryman" in the dark

  After delivering the customer to the designated location very late, returning home is often not an easy task for the driver.

  "Driver!" Seeing a female car leader/follower walk out of a seafood restaurant in Huizhou, the driver, Forrest Gump, pushed his folding electric car and followed the guest to the parking lot in small steps.

  After 8:30 pm, the dinner at the hotel ended one after another, and the driver entered the peak period of receiving orders. That day, Forrest Gump waited outside the restaurant for more than two hours before finally receiving the first business. From Huicheng District Sanhuan South Road to Jiangbei District, about 10 kilometers away, the driver costs 46 yuan, which is almost twice the fare of a taxi.

  Along the way, the female car owners complained about the high fees for chauffeur driving, and she felt that it was more reasonable to refer to the taxi fare standard. As a woman, she has more concerns about this kind of service, which is mostly used at night and after drinking, and the standardization of the industry is also the demand of most chauffeur customers.

  Forrest Gump, 31, is noncommittal. He has been working full-time as a chauffeur for three years, and he only feels that money is getting harder and harder to make. Although the cake is getting bigger and bigger, there are more chauffeurs, and everyone gets less and less. This means he has to spend more time working to maintain his income. Now he works about 11 hours a day, and can only take four or five orders at most, earning an average of about 200 yuan a day.

  According to the "2018 Entertainment Index Report" released by the National Big Data Research Center of a generation driving platform, last year, the number of times that the national generation driving was used reached 267 million times. According to analysts’ estimates, the output value of the national network generation driving exceeded 10 billion yuan. Some industry insiders said that, unlike first-tier cities such as Beijing, Shanghai, Guangzhou and Shenzhen, Huizhou has a large gap between the demand for generation driving and the population, and there is still a large space for expansion of the driver market.

  As with the development of many new Internet formats, as competition intensifies, labor costs will decrease accordingly. This can be seen in groups such as express drivers, takeaways, couriers, etc., and now the Huizhou driver market is showing the same trend. In order to make a living, driver drivers wait patiently in countless dark nights, or struggle to change.

  wait

  Outside a large bar, where neon lights flicker on the facade of Huizhou’s famous nightclub, more than a dozen chauffeurs sit scattered on one side of the parking lot, their bodies swaying in colorful colors against the light.

  Every night at about 9 o’clock, Forrest Gump will "report" here after delivering an order at the seafood restaurant. Compared with the system sending an order, Forrest Gump is more willing to wait for the order directly, because "the proportion of the system single platform is 5% higher than the order". Moreover, as a small driving platform adopts a low-price strategy to attract many customers, the system order volume of Forrest Gump’s mainstream driving platform is affected.

  In the driving market, there were "many monks and few porridge". In the past, drivers could receive orders even when they sat at home, but now they may not have orders when they wait outside the restaurant. If they could receive an order every two hours, it would be considered "a lot of results".

  Waiting is a compulsory course for every driver.

  Forrest Gump has his own pastime, and he enjoys the freedom of this profession to a certain extent. In the driving line, the morning game is before 10 pm, and the night game is after the early morning. In the morning game, outside the seafood restaurant, Forrest Gump will play a few games of billiards with the "driving brothers" every day to kill time. The cost of venue rental, plus the money for buying cold drinks, Forrest Gump spent more than ten yuan before opening.

  At night time, Forrest Gump will move to the vicinity of the bar. At this time, Forrest Gump and other chauffeurs always have a lot of excitement. Young people who dress up fashionably come in and out, and when people are drunk, they will inevitably stage a farce. Late at night on August 5, the traffic police routinely checked drunk driving on the nearby road. A young man was investigated for driving after drinking and fled back to the bar for fear of being punished. The traffic police chased all the way in.

  The chauffeur who was waiting on the side began to discuss: "Alas, this kind of thing happens often…" "I know this person, he is a friend of the driver of XX, and I have sent him before." "Why bother? Why drive after drinking?" "If the traffic police were there to check drunk driving every day, our business would be good."

  Forrest Gump doesn’t like Douyin. Most of the time, he gathers with other drivers to blow water and chat. From the anecdotes of driving to the trivia of life, there seems to be an endless amount of things to say. This time of talking about the mountains is particularly rare for Ah Fatty, who is facing a midlife crisis. "I can briefly forget the pressure of life," he said.

  Fatty is over 40 years old and has two children, one in primary school and the other in junior high school. Because his household registration is not in Huizhou, his child’s choice of school brings him a lot of financial pressure. Unlike Forrest Gump, in order to save 10 yuan a day on mineral water expenses, he will specially bring a bottle of chilled water from home, wrap it in a white plastic bag and put it in his backpack. He always calculates the drink bit by bit, trying not to spend money on water.

  Fatty decided to work at night as a full-time chauffeur to accompany his children as they grew up. During the day, when his wife went to work, he was responsible for preparing meals for the children and taking them to and from school. Due to lack of rest, when waiting for orders outside the bar, Fatty always slept first. He sat on a small plastic bench with his eyes closed, leaning against the stone pier next to him, holding his bag in his arms.

  Sometimes the wait is a long intermission; sometimes the wait is fruitless. Mingge, who is in his 50s, waits for orders every day outside a hotel near his home. One day earlier this month, he didn’t receive an order until midnight. Anxious, he rode his electric bike around the parking lot. "Boss, do you want to drive?" Whenever a guest came out of the hotel, he would approach and ask.

  It was raining late in the morning, and he did not receive any orders. The rain got heavier and heavier, and Brother Ming moved the electric car to the hotel porch. He carefully wiped the rain off the car and waited for his son to drive him home.

  livelihood

  "Hello, × × driving. May I ask where you are? Okay, wait a moment, I’ll be there right away." At 11:40 pm, A Bin, speaking with a Henan accent, received a system dispatch.

  This order had to go from Maidi in Huicheng District to Daya Bay, and he didn’t return to the city until about 2 am the next day. He didn’t finish work and go home, but went to the hotel where the night show was waiting for the order, and just happened to receive another close order. At that time, there were no other chauffeurs waiting for the order outside the hotel.

  Abin is the older driver who often waits for orders outside the hotel. He just turned 50 this year and has been a full-time driver in Huizhou for four years. About five years ago, Abin’s business in his hometown failed. He traveled more than 1,500 kilometers south and planned to go to Huizhou to fight again.

  "When you have money, other people are always the first and last." A Bin felt that this society was very realistic, and he wanted to escape the past environment and familiar eyes and start over. After settling down in Huizhou, A Bin worked in the wine business and was cheated of tens of thousands of yuan. He worked as a security guard, but his monthly income of more than 2,000 yuan could not support himself at all.

  I heard that the income of the driver is considerable, and he has never stayed overnight in the past. He works the night shift. Abin leaves the house at 6 pm every day, finishes work around 3 am, and takes two or three days of proper rest a month, earning more than 6,000 yuan. Excluding daily expenses such as rent, he can also save two or three thousand yuan a month. "I have a son and a daughter, and my daughter is married. I want to plan for my son to get married now," Abin said.

  As Ah Bin slowly got older, he could clearly feel the impact of staying up late for a long time. "In recent years, my hair has obviously turned a lot whiter, and my body has become weaker than before." Even so, he can only make money like this. "I’m so old, and I don’t have any skills, so it’s hard to find a job that is comparable to the income of driving."

  The low barrier to entry is an important reason for attracting many full-time chauffeurs. Ah Shu is a "post-90s generation" with five brothers and sisters. Because his family conditions did not allow it, he dropped out of primary school before finishing primary school. At the age of 15, Ah Shu left his hometown Chaoshan and traveled to various parts of the Pearl River Delta to work. It was not until 2012 that he married a Huizhou girl that he stabilized. Ah Shu is the only source of income for the family, but he "has neither education nor skills", so he had to find a way out.

  Among the group of chauffeurs, a large part-time drivers are part-time drivers. They are more interested in the freedom of chauffeur time and can also subsidize their family. Li Dawei came to Huizhou from Shanxi to work hard. Now he is the owner of a small IT company and started working part-time as a chauffeur during the Spring Festival this year. "I am idle at night. It is better to come out and work part-time to subsidize my family."

  In early August, Li Dawei had just handed over the house he bought in Zhongkai, and he had to pay off the mortgage of more than 3,000 yuan per month. He hoped to use the income from part-time driving to pay for this expenditure. Li Dawei would finish work at 1 am when he took orders, and usually woke up at 8:30 in the morning. His energy during the day was obviously not as good as in the past.

  Sometimes, Li Dawei also entertained customers at night, and would also ask for a chauffeur after drinking. After experiencing the change of identity, when he was a chauffeur, not only did he not have a sense of difference, but he was more understanding and understanding. "Everyone drinks differently, and some people can’t control their emotions after drinking, and it is inevitable that their attitude will be bad."

  However, most chauffeurs have to experience initial discomfort to "ignore" the rudeness of some drunk customers. This is the case with Forrest Gump. If he hadn’t been struggling in society after graduating from high school, if his wife hadn’t been pregnant at the time, he felt that he might not have been able to hold on.

  When he first worked as a substitute driver, Forrest Gump was very nervous and just happened to bump into a new car. "He braked suddenly as soon as he stepped on it, and the customer scolded him three or four times in a row." In the first half of the year, if he was really angry, he would retort a few words.

  As a driver, Forrest Gump also wants to be understood and respected. He is tired of always wrangling with customers for detours or not, and he is tired of being worried about not getting the money he deserves. Forrest Gump said that once, the customer said a lot of compassionate words to him, and he was very touched and insisted on forfeiting the driver’s fee.

  Way Back

  The night and the alcohol did not warm up the feelings between the driver and the passengers. No matter what they saw or heard, the memory of the passers-by would soon be put on the shelf. The driver was the "ferryman" in the city at night. They brought the owner home safely, and the next step was to return home alone.

  Unlike first-tier cities such as Beijing, Shanghai, Guangzhou and Shenzhen, Huizhou quiets down early at night, and public transportation usually stops at 10 pm. If the driver really receives a distant order, he may not be able to return home without a lot of trouble.

  Mr. Li once sent a customer back to Shenzhen, where it was almost 3am. The driver’s fee was 240 yuan, and the customer tipped an extra 300 yuan. "The customer was worried that I wouldn’t be able to go home, so he asked me to stay in Shenzhen for one night before leaving." Unwilling to spend the money, Li Dawei rode an electric car to find a driver-sharing point in Shenzhen, and spent dozens of yuan to return to Huizhou.

  However, not all neighboring cities have such carpooling points, like Dongguan. If he receives an order to Dongguan, Ah Bin often stays up all night. Because the driving platform Guanhui Network can also take orders in Dongguan, he roams the streets all night. If he is really tired, he finds an Internet cafe to pass the time and waits for a ride back to Huizhou at dawn.

  Only at the moment of receiving the order will the driver know their destination, and they have no right to refuse. Every time an order is received, it is like a lottery draw. When luck is bad, there may be far orders in nooks and crannies, and the round-trip process becomes "difficult".

  At the beginning of last month, A Jun, a full-time driver, received such an order, covering a distance of 70 to 80 kilometers from Huicheng District to Boluoyuanzhou Town. When A Jun delivered the customer to the community, it was already more than 4 am, and the farthest range of the folding electric car was only 70 kilometers, so he couldn’t return home for a while. A Jun simply chatted with the security guard of the community until dawn before taking the bus back to Huicheng.

  About a week ago, Forrest Gump also encountered "misfortune" on his way home. The journey from Huicheng District to Huidong Shili Silver Beach was nearly 70 kilometers, and it was already 4 am when he arrived. Forrest Gump originally planned to go to Tamsui from Baihua Avenue to carpool, but he mistakenly turned the navigation into a cycling mode, and the route was full of mountain roads without passing through Tamsui.

  Gump grew up in the countryside and was not afraid of riding in the mountains in the early morning, but he was afraid of dogs. The little local dogs along the way chased him all the way for two kilometers. Looking back now, Gump still has lingering fears. That morning, Gump rode his electric car slowly and took about 5 hours to return to his home in Gutangao.

  The house was rented by Forrest Gump. The house they bought in Zhongkai was only handed over last month, and they had to pay off the mortgage of more than 3,000 yuan every month. On the 27th of this month, Forrest Gump’s wife was due to give birth, and their second child was about to be born. As a father and husband, Forrest Gump had a heavier burden on his shoulders.

  "Driving a driver is a transitional job, and I still need to find a job with social security in the future." Forrest Gump thought that it would be a good choice to drive in a regular logistics company like SF Express or become a professional electrician in the future. However, both positions require corresponding qualifications, and Forrest Gump has not yet obtained them.

  Forrest Gump likes a freer career. He doesn’t want to enter the factory anymore and works like a "photocopier" every day. "Young people have been doing substitute driving for a long time, and people have become lazy, and they have become less and less combat and willpower." Forrest Gump is trapped in his comfort zone and can’t take the first step. But he also knows clearly that this is not his way back. (At the request of the interviewee, A Fat, A Shu, and Li Dawei in the article are all pseudonyms.) (Text: Southern Daily reporter, Yu Lei, Photo: Southern Daily reporter, Wang Changhui)

The spy war movie "Fortress" officially starred Guo Xiaodong.


1905 movie network news Recently, the spy war movie "Fortress" was officially released in Wuxi, Jiangsu Province, and a movie concept poster was released. In the poster, under the maze, the spy shadow is in danger, and the dim light penetrates out of the darkness, which seems to indicate the coming of light.

Ke Wang is the chief producer, and Liu Ning is the producer, director and screenwriter. This film tells the bloody story of "Five Heroes of Shaoshan" and other revolutionary heroes performing secret missions under severe life-and-death tests and playing a life-and-death game with enemy agents on the secret front during the Great Revolution.

 

Powerful actors gather, and acting schools relay Chinese spy war blockbusters.

 

The film "Fortress" takes the revolutionary heroes such as "Five Heroes of Shaoshan" as the core of the story, and the wonderful and bloody script attracts many powerful actors to join. The film is starring,,, An, Bai En, Lv Xin,, Yang Bo, Yi Heng, Feng Hao, Zeng Huaiyi, Wang Jiayu, Lian Shuangyue, etc.,,, Dong Qing plays a special role, and Tian Yuan plays a friendly role, and the stars gather to relay the Chinese spy war blockbuster.

 

Domestic spy war movies have always been excellent themes for powerful actors to compete for acting skills. In recent years, a series of spy war movies have left us with highlights and wonderful clips worthy of continuous aftertaste. The movie "Fortress" has such a lineup that it naturally attracts many fans’ expectations. In this regard, the main creator of the crew said that he would complete the best creation as soon as possible, so that everyone could see this exciting story as soon as possible.

 

Wandering around six places, innovating and interpreting the most "substitute" spy war film.

 

In order to better present the spy war scene, the film "Fortress" crew filmed in Shaoshan, Xiangtan, Shanghai, Hengdian, Anji and Wuxi, Jiangsu, and finally successfully finished this month. Faced with such high-intensity work, the staff who participated in the filming of the crew even sighed that "we have completed the impossible task".

 

It is reported that high-intensity shooting and creation is not the biggest challenge of the film "Fortress". Compared with films with similar themes, how to make the story more fascinating and how to tell the revolutionary story well in the language of the times is the most concerned issue in the creative process of director Keyi Han.

 

After continuous innovation attempts, the creative team decided to use real historical figures and events, combined with the types of spy wars and suspense to create expressions, unfolding the past events on the hidden front that have been dusty for decades, bringing the audience into the situation with fast pace, strong atmosphere and multiple reversals of character identity, and restoring the battle of ideals and beliefs under the background of the torrent of the times.

 

The spy war movie "Fortress" has been officially finished and entered the post-production stage. The film will stage a secret war of wits and wits, and continue to write the bloody story of the Great Revolution.

 

Money for beauty cosmetics poured into raw materials.

The investment outlet of beauty raw materials "can only go up". Although the mature raw materials are overvalued, there is still concern value in this field, and raw material innovation and transformation profit are the highlands to be tapped.

Reporter | Xie Chuchu

Figure source | Figure worm creativity

In the past year, where did the hot money in the beauty industry flock to? The answer is raw materials. According to the statistics of the future, in 2023, there were 27 financing related to beauty raw materials, which exceeded the sum of skin care, make-up and personal care, and medical beauty services.

Two years ago, thanks to the rapid development of online consumption, a number of cutting-edge beauty brands were favored by capital. Now it is the turn of upstream raw material suppliers to be valued, and there are investors’ withdrawal worries behind it: upstream enterprises are more likely to go public than consumer brands. Some investors even want to go upstream as much as possible, for example, starting from the laboratory side of raw materials. In addition, there is also industrial capital in the investment of beauty raw materials, and they hope to develop unique raw materials to support the terminal through deep binding with raw material suppliers.

Li Tao, executive director of Sunshine Ronghui Capital Consumption Fund, also paid attention to several raw material ingredients in 2023, but after several hesitations, he didn’t take the shot. The reason for waiting and seeing was that "the valuation was a bit high". For the trend of this field in 2024, Li Tao judged that the heat will not be as good as before, because many raw material companies have achieved financing and overvaluation, and it takes time to cultivate and digest raw materials in the market.

Xue Feng, president of Shanghai Jinpu Yuwen Investment Management Co., Ltd. believes that the investment outlet of beauty raw materials "can only go up". Although the mature raw materials are overvalued, there is still concern value in this field, and raw material innovation and transformation profit are the highlands to be tapped.

Hot track

Twenty-seven raw material enterprises, including Shenzhen Haichuang Bio, Qingdao Zhongke Lanzhi, Shanghai Yiru Bio, Shanghai Guangyue Bio, Wuhan Hesheng Technology, Jiangsu Shenghe Wanwu, Yuanyi Bio and Jiangsu Chuangjian Medical, received financing in 2023, and the investors behind them included Lenovo Capital, Softbank China, Zijin Port Capital and Hongbo Capital.

In Xue Feng’s view, it is the general trend that raw materials receive much attention. From the global experience, the rapid growth of international brands has largely benefited from the application of core components, such as the 377 (phenylethyl resorcinol) of Dr. Johnson Chengye, the boson of L ‘Oré al Group, etc. Large multinational groups have always attached great importance to the investment and acquisition of upstream core components. The same is true in China. In 2020, the implementation of the new regulations on the supervision and administration of cosmetics promoted the rapid development of functional ingredients, and domestic head enterprises and cutting-edge high-end brands also actively integrated the supply chain. For example, the revenue of Freda was driven by hyaluronic acid, which increased rapidly from 200 million yuan to more than 2 billion in five years. Bettini’s development of traditional herbal ingredients has gradually made it a scientific and technological beauty brand with national characteristics.

Most of the above-mentioned more than 20 financing enterprises are synthetic bio-companies, one of which is to break through the limitations of the original biological raw materials, improve production efficiency and reduce costs by technology. At present, the raw materials for synthetic cosmetics include hyaluronic acid, collagen, astaxanthin, ergothionine, carnosine, sialic acid, arbutin, squalene and so on.

Recombinant collagen and peptides are the components that attract much attention in 2023.

After being led by Shiseido in 2022, Chuangjian Medical was jointly led by LCatterton, a consumer investment fund under LVMH Group, and CITIC Lyon Capital in September 2023, with the financing amount exceeding 200 million yuan. The company is mainly engaged in recombinant collagen, and started listing counseling in January 2024.

In July 2023, Jinbo Bio was listed on the North Stock Exchange, becoming the first recombinant collagen company to land in A shares.

In the previous month, Pai Peptide Bio, which has attracted much attention in the industry, disclosed the prospectus in Shenzhen Stock Exchange and opened the way to listing. This enterprise is a state-level high-tech enterprise focusing on the research and development and production of polypeptide products, and it is also the only state-level "specialized and innovative" small giant polypeptide production enterprise, and has cooperation with local cosmetics enterprises such as Polaiya, Huaxi Bio and Marubi.

Investment considerations

The head of the investment department of a domestic head skin care enterprise said that last year, the department was also concerned about the investment opportunities of raw materials, covering peptides, collagen, ceramides, sunscreens and other fields. The reason is that in recent years, consumers pay more attention to the efficacy selling point, and brand enterprises also hope to deeply bind with innovative supply chain enterprises in the upstream to jointly develop or directionally make some unique raw materials, so that "the logic of two-way cooperation between business and capital is relatively smooth". At present, his department is following up several targets and plans to participate in investment by direct investment.

In addition, he also mentioned that it is more difficult for consumer companies to go public at present, but upstream companies are currently listed.

In January, 2024, after seven years’ long waiting for listing, Mao Geping, a well-known cosmetics brand, voluntarily withdrew its application for listing and distribution, and the listing of "The First Share of A-share Domestic Cosmetics" came to an end temporarily.

Li Tao also believes that raw material companies have certain scientific and technological attributes and have the possibility of listing. Therefore, last year, he also paid attention to peptides, ergothionine, plant extracts, etc. However, due to the high valuation of the company, they did not make a move in the end.

Shanghai Jinpu Kunwen Investment Management Co., Ltd. has been paying attention to innovative raw materials with practical effects on health and beauty. The underlying logic is to find raw materials with high price, high gross profit and high added value, which have the characteristics of wide application and large market, including the raw materials related to transdermal absorption technology, the extraction of characteristic plants and the innovation of raw materials by modification technology platform.

Like Li Tao, Xue Feng also looked at many popular cosmetic raw materials on the market last year, such as Shenzhen Weiqi Technology Co., Ltd., which makes peptides, but the valuation of such enterprises is too high to invest. Last year, he finally invested in two different companies, one is Eutectic Technology, which is characterized by innovative improvement of existing raw materials, such as solving the pain points of curcumin, hydroxytyrosol and so on; The other is Chapter 14 of the brand, which is characterized by drawing lessons from the ideas and logic of new drug research and development, applying computer technology to the excavation of key targets, designing new functional compounds and screening high-performance active products.

In Xue Feng’s view, the new research and development of raw materials takes a long time, even without income for several years, and the cost will be cheaper if the raw materials are improved, the experimental verification time of effectiveness will be shortened, and the overall business cycle will be shortened.

Can the tuyere continue?

Li Tao will not invest in raw materials unless the performance of raw materials companies is improved this year. He predicted that it would take several years for the raw materials to be digested by the product side, thus contributing to the performance. In addition, the listing failure of peptide bio, which attracted much attention last year, also made the investment in raw materials more uncertain. "It was a good signal," Li Tao said.

In June, 2023, Pai Peptide Bio, the raw material supplier of "beauty peptide" with the largest market share in China, attacked the IPO, and in December, 2023, it applied to withdraw the application documents for listing.

Despite this, Xue Feng believes that the popularity of beauty raw materials will continue in 2024, "only in this direction." Last year, a consumer brand invested by Xue Feng realized a profit of 150 million yuan, but it still failed to go on the market, so it had to move its business closer to new materials and raw materials. These days, Xue Feng is visiting a polypeptide-related enterprise in Jinan, which is still in the laboratory research and development stage.

In Xue Feng’s view, a large number of investment institutions have turned their attention to the upstream raw material industry, which has also caused a certain degree of valuation bubble. However, he believes that the innovation of raw materials lies not only in the original development, but also in the innovative transformation and utilization of the original raw materials, which is also worthy of the attention of enterprises and investors.

The END

Recommended reading

Original title: "Beauty money rushes to raw materials"

Read the original text