Make good use of the short video as a "grass planting machine"

In Hongyadong Scenic Area, Yuzhong District, tourists shoot beautiful scenery on Qiansimen Bridge. (Photo taken on February 15) Reporter Yin Shiyu Photo/Visual Chongqing

In Hongyadong Scenic Area, Yuzhong District, tourists shoot beautiful scenery on Qiansimen Bridge. (Photo taken on February 15) Reporter Yin Shiyu Photo/Visual Chongqing

Following the "Village Supermarket" in Guizhou, the barbecue in Zibo and the ice and snow in Harbin, the wind of traffic has blown to the northwest.

Since March, Tianshui Mala Tang in Gansu has been on the hot search list on major social platforms, "a bowl of Mala Tang, a city with fire". For a time, this northwestern town opened a "Mala Tang Special Line" and held a "Eating Festival" for Mala Tang … All kinds of fancy pet powder scenes are exactly the same as the "please-oriented market" in Zibo and Harbin.

This seems to be so familiar to Chongqing, which is well versed in traffic. As early as 2018, Chongqing was circled with the "8D Magic", and the total number of videos related to the city image reached 11.36 billion times, making it the "City of Tik Tok" ranking first in the country, with a fire tourism economy. In 2019, the National Day received 38.5961 million tourists, exceeding the total population of Chongqing, and because of measures such as "closing bridges" and "vacating a city", Chongqing became a "city".

Then, how to continue to manage the cultural tourism industry under the "flow"? What enlightenment does the popularity of "Tianshui Mala Tang" bring to the current Chongqing cultural tourism? In the past few days, the reporter has conducted an investigation on this.

A bowl of mala Tang set a city on fire.

Some people say that in the era of short video, traffic is like a pool, and different topics are rippling every day. For cities, the most intuitive and local elements are often the most "explosive".

Food is the most important thing for the people, and food is used to incite the flow, which has the function of "four or two", as in Zibo and Tianshui.

This round of Tianshui out of the circle can be traced back to February 13, a video of Tianshui Mala Tang released by a netizen. The attractive color and spicy taste of YOLO made netizens marvel that "it can make people drool through the screen", and its video quickly won millions of likes and was shared by 1.83 million netizens.

"Gansu Tianshui Mala Tang" quickly climbed the hot search list on major social platforms. At present, it has been played more than 1.39 billion times on social media such as Tik Tok, Weibo, Xiaohongshu and WeChat, and Tianshui has completely opened up a new world of traffic. Mala Tang lovers and food bloggers from all over the country flocked to Tianshui and traveled thousands of miles to eat a bowl of Mala Tang.

After becoming popular, the relevant departments in Tianshui responded very quickly, opening the familiar "pet powder" mode: painting walls and repairing roads overnight, organizing special car service at the airport, and opening a "mala Tang special line" …

Various scenic spots, hotels, travel agencies and so on in Tianshui have also taken action to send scenic spots tickets, cultural and creative products, accommodation concessions, local specialties and so on to foreign tourists.

Tianshui Municipal Government also held a special meeting to promote the service guarantee of "Tianshui Malatang", asking the whole city to seize the opportunity, take advantage of the situation, take full action, show full sincerity, make careful efforts, make careful arrangements and preparations, and make every effort to ensure the service, and strive to achieve "a bowl of Malatang promotes the great development of Tianshui".

Under the blessing of traffic, Tianshui’s cultural tourism market quickly became popular. In addition to the mala Tang shops that queue for several hours, Fuxi Temple, museums, Maijishan Grottoes and other places in the urban area have also attracted a large number of tourists.

The data shows that during the weekend from March 16th to March 17th, Tianshui received 435,900 tourists, including 136,800 tourists from outside the province, and the comprehensive tourism income was about 263 million yuan.

According to the "2024 Qingming Small Holiday Consumption Trend Report" released by Tongcheng Travel, Tianshui has entered the top ten of this year’s Qingming Small Holiday destinations, becoming this year’s "dark horse" destination.

The "Grass Planting Machine" in the Short Video Written Travel Market

From the track Liziba Station and Hongyadong in Chongqing, to the "Turkish Ice Cream" in Gulangyu, Xiamen, to the "Village Supermarket" in Guizhou, the barbecue in Zibo, and the ice and snow in Harbin … In recent years, short-sighted cases of burning one store, one road and one city have been common, and even have a profound impact on consumers’ travel habits and the marketing methods of the tourism industry.

In this regard, Zhang Qi, the general manager of Hongyadong Scenic Area, who is the first in the country to enjoy the traffic dividend, feels "not surprising". In his view, short videos can adapt to the fast pace of life in modern society, integrate different communication advantages such as words, pictures, images and music, bring users an immersive experience in a short time, and have the characteristics of low browsing threshold and strong experience, which can stimulate consumers’ desire to buy and have natural "adaptability" with tourism, food and other fields.

Zhou Zhaoxin, the project manager of the second factory of Erling, transformed the abandoned industrial site into the Wenchuang Park of the second factory of Erling 10 years ago, which caused a sensation in the whole country and was also the beneficiary of the first wave of short video traffic. He said that the moving feature of short videos lies in the personalized perspective and way of expression. From "planting grass" online to "pulling grass" offline, short videos have brought benefits to businesses, short video bloggers and tourists.

"Before going out, watch short videos as a guide; When traveling, taking videos to share experiences and experiences … Short videos have a natural’ close relationship’ with the tourism industry, and have quietly changed people’s travel habits, thus changing the’ traditional gameplay’ of the tourism industry and giving birth to new models. " Zhang Dawei, general manager of regional government affairs of Ctrip Group, said that at present, marketing through short videos has become the mainstream of the cultural tourism market, and it covers six major elements of tourism, namely "eating, living, traveling, buying and entertaining". First, it is a new trend to "plant grass" and then "pull grass".

Find the right traffic password and promote the modernization of communication ability

In fact, not only at home, but also around the world, world-class tourist cities are all cities with strong communication ability and influence.

As an early batch of "fire up", Chongqing has made many beneficial explorations in recent years.

Our city has held three consecutive Chongqing cultural tourism photography and short video competitions, and successfully launched a large number of outstanding works, such as "Come to Chongqing, spoil you more", "Yunhai Chongqing" and "Canoe has crossed Chung Shan Man".

It is worth mentioning that in January this year, Beijing Normal University’s New Media Communication Research Center, China Daily Network, Guangming.com and Beijing Normal University’s Education News and Media Research Center jointly released the Report on the Construction of Overseas Network Communication Power in China in 2023. The top ten cities are Shanghai, Beijing, Hangzhou, Shenzhen, Chongqing, Wuhan, Chengdu, Guangzhou, Shaoguan and Tianjin. This is also the top ten list of China’s overseas network communication power.

Hongzhong Zhang, dean of the School of Journalism and Communication of Beijing Normal University, one of the publishers of this report, said that the reason why Chongqing can "do it" in this investigation of communication power is that the communication content of the city is diversified, and it is no longer limited to homogeneous contents such as tourist scenery, but shapes the image of the city by showing unique cultural symbols, economic strength, scientific and technological achievements, natural landscape and historical details. In the form of communication, short video has been widely used, which vividly shows the landscape and culture of the city through exquisite images, dynamic scene switching and rich colors.

Then, how will Chongqing continue to manage the urban development under the "flow"?

At the end of last year, at the city’s conference on propaganda and ideological and cultural work, our city clearly put forward that it is necessary to continuously enhance the influence of all-media communication, create a new mainstream public opinion communication platform, promote the development of media integration, strengthen the construction of international communication capacity, and tell the China story and the new Chongqing story in an all-round way.

Next, our city will adhere to the integration of international communication and urban development, innovate the concept of urban international communication, focus on urban narrative, land and sea narrative, build a system of urban international communication, and do a good job in urban international communication brand projects, so as to further enhance Chongqing’s international reputation and reputation.

At the same time, we will further innovate and promote the efficiency of urban communication, solidly promote the modernization of communication capacity, and strive to create an open image of a new Chongqing as a city of land and sea, a city of vitality, a green image of a city of mountains and waters, and a colorful image of a city of people, so that the world can know more about Chongqing and become an important window for the world to know about China.

"The shaping and dissemination of city image is a long-term process. The characteristics of information dissemination in the all-media era require that we should grasp the key points of city image dissemination and cultivate public awareness of city image." The relevant person in charge of the Municipal Cultural Tourism Commission said that, next, the strengths of the cultural tourism industry in our city in improving communication power include: making good use of the short video as a "grass planting machine" to enhance the communication power of the city image; Make good use of community communication and "fan" communication to stimulate tourists’ communication initiative; Docking urban context with cultural creativity and cultivating urban cultural IP; Integrate science and technology into tourism, realize the combination of soft culture and hard power, and let tourism products show their unique charm. (New Chongqing-Chongqing Daily reporter Han Yi)

A quick look at the new regulations in July! Adjust the deposit base of housing provident fund in many places

  Zhongxin Jingwei Client June 29th (Xiong Jiali) Passport and Hong Kong and Macao Pass fees will be reduced, ETC pass discount will be no less than 5%, and housing accumulation fund in many places will be adjusted … … A wave of new regulations will come into effect in July, many of which are related to our daily life. Come and find out!

  New national regulations

  The real estate registration fee can be exempted in three cases.

  A few days ago, the Ministry of Finance and the National Development and Reform Commission issued the "Notice on Relevant Policies for Reducing and Exempting Some Administrative Fees". From July 1 ST, the real estate registration fee will be exempted for three situations, including: applying for change registration and correction registration; Apply for the registration of forest, forest ownership and the contracted management right or use right of forest land occupied by it, and related mortgage and easement real estate rights; Apply for the registration of contracted management rights of cultivated land, grassland, waters, beaches and other land or the right to use state-owned agricultural land, and related mortgage and easement real estate rights.

  At the same time, the Notice points out that for those who apply for real estate registration in garages, parking spaces and storerooms and issue the ownership certificate or registration certificate of real estate separately, the real estate registration fee will be charged by 550 yuan for each piece of original non-residential real estate registration and 80 yuan for each piece of residential real estate registration.

  Passport and Hong Kong and Macao Pass fees will be reduced.

  Recently, the National Development and Reform Commission and the Ministry of Finance issued the "Notice on Reducing Some Administrative Fees", which will reduce some administrative fees such as entry and exit license fees from July 1. Among them, the charging standard for private ordinary passports was reduced from 160 yuan/Japan to 120 yuan/Japan. The fee standard for travel permits to and from Hong Kong and Macao has been reduced from 80 yuan/Zhang to 60 yuan/Zhang.

  ETC pass discount is not less than 5%

  Recently, the General Office of the Ministry of Transport issued the Notice on Vigorously Promoting the Development and Application of Expressway ETC. The "Notice" requires that the preferential treatment for ETC vehicles will be increased.

  The "Notice" pointed out that from July 1, 2019, the basic preferential policies for vehicle tolls of not less than 5% for ETC users will be strictly implemented, and the basic preferential policies for ETC vehicles passing through the region will be realized; Encourage all localities to optimize and improve the differentiated toll policy of expressways in light of actual conditions, and increase preferential treatment for ETC users; Encourage issuers to establish ETC user points mechanism, and give ETC customers exclusive rights and interests, gift exchange and other forms of concessions.

  Implementation of that vehicle purchase tax Law

  The Vehicle Purchase Tax Law of People’s Republic of China (PRC) was reviewed and approved on December 29th, 2018, and will come into force on July 1st, 2019. The "Vehicle Purchase Tax Law" clearly stipulates that the vehicle purchase tax shall be levied at one time, and the vehicle purchase tax shall not be levied if the vehicle has been levied. The tax rate of vehicle purchase tax is 10%, and the tax payable is calculated by multiplying the taxable value of taxable vehicles by the tax rate.

  In addition, according to the website of the Ministry of Finance on the 28th, the Ministry of Finance and the State Administration of Taxation issued the "Announcement on Continued Preferential Policies for Vehicle Purchase Tax", which showed that from January 1, 2018 to December 31, 2020, the purchase of new energy vehicles was exempted from vehicle purchase tax.

  New local regulations

  Adjust housing accumulation fund in many places

  Recently, Taiyuan, Shenzhen, Tianjin, Qingdao, Nanchang, Urumqi and other places have issued housing provident fund adjustment plans.

  Taiyuan

  Taiyuan Housing Provident Fund Management Center issued a notice saying that since July 1, 2019, the base of employee housing provident fund deposit has been adjusted to the average monthly salary of employees from January to December 2018; After the deposit base is determined, it shall not be changed in this deposit year. This year’s deposit base is subject to upper and lower limit control, and the upper limit shall not exceed 20,208 yuan; The lower limit shall not be lower than the minimum wage in Taiyuan.

  Shenzhen

  Shenzhen Housing Provident Fund Management Center issued the Notice on Adjusting the Deposit Base and Deposit Ratio of Housing Provident Fund in 2019. Since July 1, 2019, all housing provident fund deposit units shall adjust and implement the adjusted housing provident fund deposit base, which is the average monthly salary of employees in 2018.

  The adjusted deposit base shall not exceed 3 times the average monthly salary of employees in the city in 2018 announced by the statistics department of this Municipality, that is, it shall not exceed 27,927 yuan. If the average monthly salary of employees does not exceed the above limit, the actual average monthly salary shall be used as the deposit base; If it exceeds the above limit, the limit shall be used as the deposit base. The adjusted deposit base shall not be less than 2200 yuan.

  Tianjin

  According to the Tianjin Housing Provident Fund Management Center, since July 1, 2019, the base of Tianjin housing provident fund deposit has been adjusted from the total average monthly salary of employees in 2017 to the total average monthly salary of employees in 2018. The total wages of employees shall be approved according to the calculation caliber of the total wages stipulated by the national statistical department. In 2019, the minimum deposit base of housing provident fund shall not be less than 2050 yuan, and the maximum shall not exceed 25983 yuan.

  Qingdao

  Qingdao Housing Provident Fund Management Center issued a notice to adjust the deposit base of housing provident fund in 2019. Since July 1, 2019, the base of employee housing provident fund in Qingdao has been adjusted to the average monthly salary of employees in 2018. The upper limit of the base is three times the average monthly salary of employees in non-private units in Qingdao in 2018, and the lower limit of the base is determined according to the average monthly minimum wage standard of the previous year in this city. The contribution ratio of units and employees should not be less than 5% and not more than 12% respectively.

  After adjustment, the upper limit of the monthly contribution of the unit and employee housing provident fund is 2725 yuan respectively; The lower limit of monthly deposit is Shinan District, Shibei District, Huangdao District, Laoshan District, Licang District and Chengyang District, 93 yuan, Jimo District is 90 yuan, and jiaozhou city, pingdu city and Laixi City are 85 yuan.

  Nanchang

  Nanchang Housing Provident Fund Management Center issued the Notice on Adjusting the Deposit Base, Proportion and Monthly Deposit Amount and Lower Limit of Housing Provident Fund in 2019. On July 1, 2019, the procedures for adjusting the deposit base and monthly deposit amount of housing provident fund will be handled. The implementation period of this adjustment is from July 1, 2019 to June 30, 2019. Units and employees’ respective housing provident fund deposit ratio should not be less than 5%, and the maximum should not exceed 12%. In 2019, the upper limit of monthly deposit of housing provident fund is 4,960 yuan (including units and individuals), and the lower limit is 260 yuan (including units and individuals).

  Urumqi

  According to media reports, from July, Urumqi began to implement the deposit base of housing provident fund in 2019, with the highest deposit base of 16,599 yuan, up by 1,200 yuan compared with 2018, and the lowest deposit base of 1,620 yuan, unchanged from last year. In 2019, the contribution ratio of employees and units to housing provident fund is 5%-12% respectively (rounded value), and units can independently determine the specific contribution ratio of housing provident fund within the proportion range.

  Many places will implement the national six emission standards ahead of schedule.

  On June 27th, 2018, the State Council issued the "Three-year Action Plan to Win the Blue Sky Defence War", which clearly stated that old vehicles should be eliminated vigorously. In key areas, economic compensation, restricted use and strict over-standard emission supervision will be adopted to vigorously promote the early elimination and updating of diesel trucks operating under the national emission standards, and accelerate the elimination of old gas vehicles using lean combustion technology and "oil to gas". All localities have formulated targets and implementation plans for the early elimination and renewal of diesel trucks and gas vehicles.

  According to the Action Plan, starting from July 1, 2019, key regions, the Pearl River Delta region and Chengdu-Chongqing region will implement the national six emission standards ahead of schedule. Promote the use of gas vehicles that meet the national six emission standards.

  Beijing: The minimum wage is raised to 2,200 yuan.

  A few days ago, the Beijing Municipal Bureau of Human Resources and Social Security issued the Notice on Adjusting the Minimum Wage in Beijing in 2019. From July 1st, the minimum wage in Beijing was adjusted from not less than 12.18 yuan per hour and not less than 2,120 yuan per month to not less than 12.64 yuan per hour and not less than 2,200 yuan per month.

  The Notice makes it clear that the hourly minimum wage for part-time employees is determined to be 24 yuan/hour, and the hourly minimum wage for part-time employees on legal holidays is determined to be 56 yuan/hour, taking into account factors such as lowering the social insurance premium rate and adjusting the social security payment base in this Municipality. The above standards include pension, medical care and unemployment insurance premiums that employers and workers themselves should pay.

  Beijing: Food vendors are not allowed to operate cold meat and cold dishes or cooked food in bulk.

  From July 1st, the Regulations of Beijing Municipality on the Management of Small-scale Food Production and Operation and the Administrative Measures of Beijing Municipality on the Filing of Small-scale Food Production and Operation Licenses (for Trial Implementation) will be formally implemented. According to the New Deal, Beijing implements a licensing system for small workshops and restaurants, and a filing system for small grocery stores and food vendors.

  According to the New Deal, small grocery stores are not allowed to engage in on-site food production and sales activities; Food vendors are not allowed to engage in special foods such as cold meat and cold dishes, raw aquatic products, decorated cakes, cooked food in bulk, bulk wine, health food, infant formula food and formula food for special medical purposes, and the categories determined by the District People’s Government that they are not allowed to operate.

  Shanghai: The Regulations of Shanghai Municipality on Domestic Waste Management will be formally implemented.

  The Regulations on the Management of Domestic Waste in Shanghai, which was voted by the Second Session of the 15th Shanghai Municipal People’s Congress, will come into effect on July 1st. According to the relevant provisions of the "Regulations", individuals who mix garbage can be fined up to 200 yuan; If the unit fails to put the domestic garbage into the corresponding collection containers respectively, the maximum penalty may be 50,000 yuan.

  In addition, the "Regulations" clarify that catering service providers should set up frugal consumption signs in catering service places to remind consumers to order food in moderation. Catering service providers and catering distribution service providers shall not take the initiative to provide disposable chopsticks, spoons and other tableware to consumers. Hotel business units shall not take the initiative to provide consumers with disposable daily necessities in guest rooms. The "Regulations" also pointed out that the disposable goods referred to above should be conducive to environmental protection.

  Hebei: The main body of the construction market with serious dishonesty will be supervised.

  On May 29, the Housing and Construction Department of Hebei Province issued the Interim Measures for the Administration of the List of Serious Untrustworthy Owners in the Construction Market of Hebei Province, which came into effect on July 1, 2019 and was valid for one year.

  The "Measures" pointed out that the supervision and management of key supervision, credit restraint, joint punishment and other measures will be implemented for the construction market entities listed in the "blacklist". Strictly examine the administrative examination and approval items of its application according to law; For construction enterprises, increase the frequency and intensity of supervision and inspection of the projects they undertake; The main body of the construction market that is included in the "blacklist" shall not be regarded as the object of industry evaluation and commendation, policy pilot and project support. (Zhongxin Jingwei APP)

Being an anchor in online celebrity, can you help the confused young people?

 

According to the data released by the 2023 Live Partner Industry Conference held in Aauto Quicker, the live broadcast situation is very good.

In the past year, the number of high-quality live broadcast anchors in Aauto Quicker exceeded 100 times, the number of cooperative guilds increased by 50%, the number of guild anchors increased by 44%, the broadcasting of guild anchors increased by 52%, the revenue scale of guild increased by 43%, and the number of guild anchors with monthly income exceeding 10,000 increased by 32%.

This increasing data undoubtedly makes the confused young people see a glimmer of light again.

In fact, the seeds of becoming online celebrity have been deeply buried in the hearts of many young people since the live broadcast of the myth of making wealth was written. According to previous data, as of the end of 2022, the total number of anchor accounts in the live broadcast industry has exceeded 150 million, of which the daily average number of new anchors is 43,000.

Nowadays, although young people are in deep trouble, they are envious of Li Jiaqi’s daily income, and at the same time, they are greedy for Xiao Yang’s grassroots counterattack, eager to become the next lucky one by relying on live broadcast, which makes more and more young people take anchor as their first choice.

In 2023, even greater online celebrity began to stroke of bad luck. First, Li Jiaqi’s improper remarks provoked public anger, and then Brother Xiao Yang was questioned because of the live broadcast style. At the end of the year, the drama selected by Dong Yuhui and Dongfang was bloody and exciting … The head anchor was treading on thin ice in the current market environment, which made countless people feel that this was a new opportunity for them to get more traffic.

Although the upsurge of online celebrity is getting higher and higher, there is another set of cruel data behind it, which shows that most anchors may not be as glamorous as expected. As early as 22 years ago, online celebrity industries began to usher in a continuous wave of salary reduction. There are 95.2% anchors whose monthly income is less than 5,000 yuan, and only 0.4% anchors whose monthly income is more than 100,000 yuan.

In the era when intelligent algorithms and traffic are king, online celebrity, a profession, is becoming an extremely serious deviation field for survivors. As the saying goes, everything is online celebrity. But the invisible place is the live broadcast of most young people with online celebrity dreams, which is real and cold, emitting dangerous light.

If you are addicted, you will "die"

Counting several phenomenal "god-making" events in 2023, whether it is logic or probability, is no different from winning the lottery. In short, it can be summed up in two words: relying on life.

In May, a song "Digging, Digging and Digging in a Small Garden" was contagious in various short videos, and the number of fans of blogger "Teacher Huang" soared by 5 million. Subsequently, Yu Wenliang and Wen Huijun became an instant hit in ways that ordinary people could not understand and illogical flow logic, which made many spectators call the current platform "abstract".

In September, Yu Wenliang released his first video. In the video, he was topless, and his camera was awkward. With the popular BGM in Tik Tok, he instantly won more than 100,000 praises. In December, Wen Huijun, who also had no talent, performed a dance in the live broadcast room. The cumulative number of viewers in two hours was nearly 30 million, and the number of real-time viewers was 100,000+. It can be said that the red ones are very capricious and random.

And their amount of money is even more amazing. Take Wen Huijun as an example. On December 18th, Wen Huijun received 6,000 carnival gifts for a live broadcast, earning a total of 8.4 million yuan. What is this concept? At present, the monthly salary of fresh graduates in third-and fourth-tier cities is only 4,000 yuan to 6,000 yuan. No wonder everyone yearns for overnight success.

And these lucky people often face two important problems in the follow-up.

First, the creativity of content is seriously insufficient. Once the next hot spot appears, it will be quickly covered, and the so-called popularity will be quickly lost, and it is impossible to form a real fan conversion. Second, in the world of algorithms, if there is no huge investment cost, the platform will not continue to gain more benefits, and it is only a matter of time before it disappears.

These two fates are also fulfilled in online celebrity like curses.

To give a typical example: Teacher Huang’s children’s songs obviously can’t continue to "resound" short videos. After becoming popular, she tried to bring goods. However, due to various reasons, the cumulative GMV of the five live broadcasts is only 1 million yuan, which can’t keep up with the fraction of the bloggers’ record of bringing goods. After bringing goods, there are still a large number of users taking customs clearance. Coincidentally, the previously popular Duck Head Brother also transformed to bring goods, but the cicada mother data shows that the average sales of Duck Head Brother’s live broadcast room is 1W-2.5W, and the average UV value is only 0.2. They are still so popular, not to mention those small anchors who have dreams of online celebrity in Qian Qian.

Although many netizens spoke highly of the professionalism of these two people, a casual amateur anchor will inevitably lack a complete set of commercial delivery procedures behind him. Among them, the flow is the key. There is no denying that the end of online celebrity is carrying goods. Even the head anchor should continue to actively invest.

Because with the rapid increase in the number of live broadcasts and the commercialization of the platform, natural traffic in the public domain has been diluted to almost negligible.

According to relevant practitioners, the daily investment cost of the anchor with cargo in Tik Tok is as high as hundreds of thousands. In the eyes of electric merchants, if GMV is going up and the revenue scale is large, the cost cannot be stingy. Even Zhang Xiaonan, CEO of New Oriental Live Studio, once said bluntly that there is a large investment marketing fee to pay.

Looking through the financial statements of major MCN companies, we can see that every online celebrity that can stand tall cannot do without real money. Take Ruhan as an example. As early as the second quarter of 2016 to the fourth quarter of 2018, Ruhan revealed that its marketing expenses in online celebrity increased eight times, and the per capita marketing expenses in online celebrity were 630,000 yuan.

At that time, it was the easiest time for online celebrity to hatch.

Until now, more and more marketing costs of live broadcast with goods are not affordable for ordinary people or enterprises. To some extent, Mr. Huang’s experience has taught countless young people who aspire to be anchors. For them, popularity has always been just the beginning. If they want to survive for a long time, no matter how strong their talents are, they are like a lot of money.

The capital and platform have never thought about long-term investment for ordinary people who are randomly popular, and will only quickly find the next goal after the heat subsides. So, after the hot spot, we saw that Yu Wenliang’s "ordinary people set up" collapsed quickly and was chased by netizens. After the traffic carnival, Wen Huijun’s atmosphere cooled down. According to the data of the new list, the number of fans of Wen Huijun’s three major accounts has plummeted, and the main account "Wenshen" has also appeared a large number of fans since December 25.

Most amateur online celebrity can’t escape the above constraints. When the algorithm doesn’t need any persuasion, it just invisibly shortens their popularity path. The traffic carnival attracted on the basis of no connotation can’t stand the test of time, and it is their only fate to be forgotten after being hit by traffic.

For netizens, which live broadcast room to buy things is not to buy?

"Big Brother" is not enough.

In the minds of some young people with online celebrity dreams, even if they can’t catch the east wind of live broadcast with goods, they can eat this bowl of rice just by their looks, talents and even casual chatting, which is also the initial form of the anchor’s career. In the era of the show, the live broadcast room was like a colorful ten-mile foreign exchange, and it was full of the smell of drunkenness.

The legend of the first eldest brother is everywhere.

According to the news report on the interface, Tik Tok and Aauto Quicker and other head live broadcast platforms, the monthly flow of live broadcast rewards reaches 3 billion yuan, and the annual flow at least exceeds 36 billion yuan. And platforms such as YY, which made a fortune in the show, continue to reward business year by year. According to the ten-year performance data released according to YY live broadcast, in the ten years since its establishment, it has conducted 370 million live broadcasts and watched more than 154 billion people.

Among them, the audience sent more than 446 billion virtual gifts, and the anchor and partners were divided into nearly 30 billion yuan.

However, smiling at the camera, money came one after another like snowflakes, which was once the key reason why young people wanted to be anchors. From the birth of Internet live broadcast to 2024, the lying-win logic reflected by online celebrity’s economy has never changed.

However, whether it is live show or live broadcast with goods, it has become a traffic business until now. A long time ago, those big spenders became live signs carefully forged in the live broadcast room, and some live broadcast companies even derived special "operators" for this purpose.

Today, is there really anyone who is obsessed with rewarding?

In the hottest years of live broadcast, the love and hate between the anchor and the big brother on the list can feed half of the press, but in the past two years, similar incidents have been obviously less. In other words, in the context of the great degradation of the entire consumer market, even the top one can’t pay much. There are facts to prove it. According to media statistics, there are only more than 2,000 accounts in Tik Tok that have been rewarded to level 50 (with a recharge of more than 1.3 million). Although this data has not been officially released, it is also of some reference. Among these more than 2,000 accounts, there are many guild operating accounts.

So, how many anchors are there in Tik Tok? According to the data of Tik Tok two years ago, more than 50 million anchors started live broadcast on the platform. The consumption behavior of the entire Internet users has undergone earth-shaking changes in the past two years, and some small anchors have deeply realized that the cold winter has come:

"In the past, 100 people watched the live broadcast and 10 people rewarded it. Now there may be only one." In the past, the live broadcast of the show was lost in the torrent of online entertainment, the anchor’s hormones were declining, and the wallet of "Big Brother" was also tightening. According to the industry consulting data, by mid-2022, the number of users of China reality show was 186 million, a decrease of 7.93 million compared with six months ago. The reason is that there are too many anchors and the eldest brother is not enough.

 

Not only that, the live broadcast industry has grown infinitely, which has led to the mud and sand in the social world of the Internet. The continuous control of platforms and rectification policies has repeatedly tightened the freedom of this line to always touch the bottom line, further limiting the "financial resources" of the anchors. For example, Tik Tok introduced the "health score" system in 2024.

Interestingly, young people who want to get rich are still asking for live entertainment to make money, and the platform has given up before them.

Take Aauto Quicker as an example. Before and after 2019, the source of Aauto Quicker’s performance was highly dependent on the entertainment live broadcast business. At that time, the income from live broadcast in Aauto Quicker once reached more than 80%. At present, the proportion of Aauto Quicker’s live broadcast revenue in the total revenue has dropped below 35%, and e-commerce and advertising have replaced it.

Tik Tok has long been a pioneer in e-commerce, and has also started to support high-quality content in live broadcast content. According to statistics, in the past year, more than 1 billion live broadcasts were conducted on the Tik Tok platform, and the number of anchors in the fields of opera, folk music, history and popular science increased rapidly, among which the number of non-legacy anchors increased by 61.72% year-on-year.

It is obviously not easy for ordinary people to show their faces in the live broadcast room again.

Can being a online celebrity help young people?

Young people’s dream of online celebrity probably began to brew in 2019. In that year, a report on college students’ job hunting intention showed that emerging careers such as live broadcast, online celebrity, new media operation and online game sparring were highly sought after by young people, and 54% of the post-95 generation’s most desirable emerging career choices were also anchor and online celebrity.

In the blink of an eye, five years have passed. Young people’s longing for the myth of online celebrity seems to have not disappeared. In the first half of 2023, the cumulative live broadcast sales of e-commerce platforms were 1.27 trillion yuan, the cumulative number of live broadcasts exceeded 110 million, and the number of active anchors exceeded 2.7 million. In the past two years, almost every young person has to face the pressure of employment. When confused, the live broadcast room has become the last pure land.

In fact, the stress signals released by the whole workplace, such as salary cuts, layoffs, and precarious business, are also very common in the field of live broadcast. Around 2019, the anchor was a high-paying job. Today, the salary of the small anchor is not as real as the delivery.

According to the Data Report of E-commerce Talents in double 11 in 2022, the recruitment budget of relevant employers in the e-commerce industry will decrease in 2022. Although the job demand will increase by 9% compared with the same period of last year, the average monthly salary will decrease by 5% year-on-year. The tide of anchor pay cuts has repeatedly invaded the live broadcast room of young people’s dreams.

By 2023, the situation will be even more severe. According to the statistics of the first quarter of 2023 released by Ai Media Consulting, the monthly salary of most anchors is currently around 6,000-8,000 yuan. Compared with the salary of the same period last year, it has dropped by as much as 30% year-on-year, and even the salary of other related personnel in the live broadcast industry has dropped by about 20%.

Most anchors can feel that their hourly wages are shrinking. Take Hangzhou, the capital of online celebrity, as an example. Before that, even the hourly salary of anchor in Hangzhou was around that of 100 yuan, but now it only started at tens of yuan. According to media reports, in 2022, the average salary of anchor in Hangzhou was around 12,000 yuan, and in 2023 it generally fell below 8,000 yuan.

Looking at the enterprise side, there are countless interest links involved in the whole live broadcast industry at present: platforms, enterprises, brands, anchors … The increasingly crowded market makes it difficult for enterprises to control the detailed costs.

Take Yaowang Technology, which has a large number of star anchors, as an example. From the end of 2019 to the beginning of 2020, Yaowang Technology ate up the live broadcast bonus, and once took 16 daily limit in 25 trading days, and its share price soared by about 400%.

But by 2023, the head MCN could not hold on. The latest financial report data shows that in the first three quarters of 2023, the operating income of Yaowang Technology was 3.444 billion yuan, a year-on-year increase of 13.42%; The net loss attributable to shareholders of listed companies was 450 million yuan, a year-on-year decrease of 317.39%. Among them, the revenue in the third quarter was 1.181 billion yuan, down 4.39% year-on-year, and the net loss was 241.7 million yuan, turning from profit to loss year-on-year.

And the worry-free media, which occupies half of Tik Tok and online celebrity.

In the past two years, the worry-free media, which made its fortune in the show, deeply realized that the wind direction of live broadcast was changing suddenly and began to work hard to turn to e-commerce towards the show. However, the huge talent matrix has made some enterprises too big to fail. So far, Worry-Free has only successfully hatched Guangdong couple, Redundant and Mao Mao elder sister, little bear, and chubby little fish mother in more than 100,000 online celebrity.

More importantly, just these people are still carefree and spend money at all costs. Take Guangdong couples as an example. In June 18, 2023, Guangdong couples created a transaction volume of over 1.34 billion yuan GMV, but behind the disappointing results is crazy welfare marketing. It is reported that Guangdong couples have prepared 10,000 iPhones 14 for this purpose, and if the data is true, this cost alone will account for at least 70 million yuan.

To this end, Li Guoqing publicly criticized it for destroying the ecology of live broadcast, and even calculated an account for 51-worry Media: Guangdong couples pumped five iPhone every two minutes, and more than one million phones were streamed every hour. According to the gross profit margin of 18%, the streaming accounted for 12%, and goods compensation and blessing bags accounted for 10%. Not only did they not make money, but they also lost money.

But this still can’t stop the madness of many live broadcast rooms. Because everyone in online celebrity knows that if we don’t roll now, we may really have no chance. Who is not burdened with huge costs, just to be abandoned by traffic later?

The online celebrity dream of ordinary people, in fact, should also wake up. After all, the era of being able to give birth to a big anchor has passed, and even the big anchor is now in danger at any time. For thousands of small anchors in Qian Qian, it depends not only on their lives, but also on their capital and luck. However, these cannot be obtained by hard work, and most of them can only become the "fuel" of online celebrity’s economy, and the magnificent flames continue to attract waves of young people to fall into it.

Tao is always reasonable, and once used the wrong name, the internet and the new media in the science and technology circle. WeChat official account, WeChat of the same name: daotmt. This article is an original article, and any form of reprinting without retaining the author’s relevant information is declined.

Serious casualties! The Israeli military announced: enter a state of war! My embassy urgently reminds …

A large-scale conflict broke out between Israel and Palestine on the 7th. According to Palestinian media reports, Israeli air strikes on the Gaza have killed at least six Palestinians and injured many others. According to Israeli media,At least 22 people were killed and 545 injured in Israel due to rocket attacks by Palestinian militants and ground attacks in many places in Israel. .

On the 7th, huge explosions were heard in the central Palestinian Gaza Strip and Gaza City. According to Palestinian media reports, Palestinian Health Minister Mayi Keira has declared all hospitals in a state of emergency. Palestinian President Abbas called an emergency meeting to respond.

The IDF issued a statement saying that it had entered a state of war. , began to launch air strikes against Hamas targets in Gaza. According to Israel, Israeli territory was attacked by rockets from Hamas, and armed men sneaked into many places in Israel from Gaza.Israeli Prime Minister Benjamin Netanyahu said on the 7 th that Israel is at war. . Israeli media reported that there were exchanges of fire in several towns in the south.

Hamas said on the same day that it launched a crackdown to end Israeli crimes against Palestinians, and fired more than 5,000 rockets in the first round of attacks. According to Palestinian media reports, before Hamas took action, a large number of Israelis recently entered the Al-Aqsa Mosque, which is called Temple Mount in the old city of Jerusalem. This site has long been one of the focuses of the Palestinian-Israeli conflict.

Since the beginning of this year, tensions in the Palestinian-Israeli region have intensified. The Israeli army has carried out many raids in many places in the West Bank, and there have been constant conflicts with the Palestinians. The two sides also broke out many conflicts in Gaza and Jerusalem, causing a large number of casualties.

An China worker was injured by stray bullets in southern Israel.

On the 7th local time, the China Embassy in Israel confirmed that in the Palestinian-Israeli conflict that day,An China worker was injured by a stray bullet near Ashkelon in southern Israel and is currently being treated in a hospital. .

Embassy in Israel: China citizens are effectively strengthening security precautions.

On the 7th, the Embassy of China in Israel issued an urgent reminder:In China, citizens pay close attention to the local security situation, earnestly enhance safety awareness, implement safety precautions, and ensure safety. .

According to the reminder of the Israeli tourism department, considering the current complex security situation, all kinds of tourism activities in Israel are suspended immediately, and foreign tourists who have entered the country should stay in hotel rooms and avoid going out. China citizens should pay attention to and abide by relevant safety guidelines, especially be familiar with the location and distribution of bomb shelters, and evacuate to bomb shelters as soon as they hear the air defense alarm.

In case of emergency, please call the police and get in touch with the embassy.

Israel alarm number: +972-100

Medical emergency telephone: +972-101

China Foreign Ministry Global Consular Protection and Service Emergency Call Center Tel: +86-10-12308 or +86-10-65612308.

Consular protection telephone number of China Embassy in Israel: +972-3-5459520.

Source: CCTV Finance, CCTV News

In order to let the fans "*** on top", Lantu Car used a "****** method"

6On the weekend of 19th, the opening of Wuhan Jiangchen Tian Street, the largest and highest-positioned "city-level Chaoshang Cultural and Social Cultural Center" in Central China, and the first TOD urban complex in Wuhan, attracted countless citizens to "clock in". Interestingly, many parents who came to see the "HELLO KITTY Modern Era China First Exhibition" were "planted grass" by the Lantu space at the entrance. Many children surrounded the Lantu FREE (parameter Shu picture) (priced 313,600 – 333,600 yuan) that was listed at the same time that day and refused to leave for a long time.

The free space on the second floor is even more lively: not only does it gather a large number of customers and fans, but it also holds a unique "dialogue": Lu Fang, CEO of Lantu Automobile, Lantu Automobile CBO Lei Xin and other company executives incarnate as "product expert team MATE" to personally answer various "tricky" questions raised by booking users. The four limited-time rights announced on the spot for "Dading users" (exclusive luxury package, 3-year 0-interest car purchase, lifetime free charging and 3-year value preservation redemption) also aroused the enthusiasm of many prospective car owners, and the scene was very active.

Automotive News Agency understands that such communication will be just the beginning. With the opening of 7 Lantu spaces in 6 cities at the same time on June 16, Lantu has opened 14 directly-operated stores in 10 cities across the country. It is expected that by the end of this year, more than 50 direct sales channels will be established across the country, covering 20 core cities. At this time, Lantu Auto executives will also rush to these cities to listen to the voices of local users and make friends with users.

Such a down-to-earth scene, I believe that everyone will only see it in the "territory" of new car-making forces such as Tesla and NIO in the past; and Lantu FREE has made many "old drivers" in the media circle shine in terms of appearance, workmanship, and driving quality. You know, when DONGFENG MOTOR CORPORATION (hereinafter referred to as "Dongfeng Company") ‘s high-end electric brand Yoyah (referred to as "Lantu") was established on July 17, 2020, it was also complained that it was "old-fashioned" and "too traditional", and many people had doubts about whether Dongfeng Company, the "first to eat crabs" among central enterprises, "can successfully transform?" "Can it make high-end electric vehicles?"

Everyone must ask, why did the Landscape change so much in just one year?

1.

Product Power Transformation: LetLandmap is worth itusertrust

After arriving at Wuhan Tianhe Airport, when they saw that the pick-up vehicle was Lantu FREE, "Automotive News Agency" and others were quite surprised, they put forward various questions and requirements to the driver like a barrage: "This workmanship is very good, far beyond my expectations, which factory did it?" "What is the speed? 120 (km/h)? The filter shock is good, and the chassis is very solid." "If you turn on the’sports mode ‘, the triple screen will come down, right? Come on, come and experience it quickly!"

In fact, Lantu FREE, which is positioned as a "performance-level intelligent electric SUV", has already started a 40,000-kilometer long test across 13 cities in 9 provinces and opened in-depth test drives to citizens in 12 cities across the country. Of course, it dares to be so bold to let the "picky" media experience rest assured. While creating an intelligent experience that fits the user, Lantu FREE also focuses on performance, comfort and luxury. Lantu FREE provides two power solutions of extended-range electric and pure electric, with 5 driving modes, equipped with the world’s first one-piece lifting triple screen, front and rear multi-link independent suspension, air suspension and other high-end configurations. The NEDC comprehensive battery life can reach up to 860 kilometers, and the 100-kilometer acceleration is 4.5 seconds. It is the selling points such as power performance, driving comfort, and extreme control that have made many consumers choose this "new benchmark of domestic products" in smart electric vehicles.

"Automobile News Agency" learned that as of now, the "TOP5 cities" that have booked Lantu FREE are Wuhan, Shanghai, Chengdu, Beijing and Guangzhou. The first batch of users accounted for 72% of male users, 28% of female users, and 85.9% of household users. The 30-40 age group has become the "main force". In terms of models, 81.1% of users chose the extended range version without battery life anxiety, and 69% of users chose to upgrade the "exclusive luxury package" (including air suspension and panoramic canopy, etc.).

Of course, the current biggest strength of Landmap FREE still comes from Dongfeng’s strong endorsement.

Admittedly, as a player of the "national team" and a member of the "millionaire club" of one of the top three Chinese automobile groups, Dongfeng’s "voice" and popularity in the field of new energy vehicles are not as good as that of new car manufacturers and some first-mover independent brands, but what is less known is that Dongfeng is not a "new player" in the electric vehicle industry.

As early as 2001, Dongfeng established China’s first enterprise specializing in the R & D and industrialization of electric vehicles – Dongfeng Electric Vehicle Joint Stock Company (reorganized as Zhixin Technology Joint Stock Company in September 2019, referred to as "Zhixin Technology"), which has achieved many technological breakthroughs and accumulation in the core three power and other fields. In 2016, Dongfeng began to lay out the entire value chain of the three power systems, and has accumulated rich experience in production and manufacturing by supporting Dongfeng’s own brands, Dongfeng Nissan, and Dongfeng Honda within the group, and supplying Zotye, Geely, and BAIC Foton externally.

The predecessor of Landmap, the H Division, has not "built cars behind closed doors" since it was secretly established in 2018. In addition to the "technical backing" created by Zhixin Technology System and Dongfeng Corporation’s Prospective Technology Research Institute, it has also reached in-depth cooperation with top supply chain systems including Huawei, Bosch, Tianhe, and Tencent in a short period of time, building a business value community. This means that when Dongfeng Corporation officially disclosed Landmap last year, this seemingly young high-end electric vehicle brand had already fully integrated the rich experience of mature car companies and the flexible innovation mechanism of new car companies. This is different from the "play" of many traditional car companies, but coincides with the new car companies.

"We rarely say that Lantu is a car company, but a user-based enterprise. The most fundamental thing is that we want to serve users, understand their needs, and operate their needs," said Lu Fang, CEO of Lantu Automobile. "All business logic of Lantu is designed around users. Traditional car companies are more about meeting the functions of products, but now what Lantu does is to meet the needs of users, which is very different in business architecture and business logic." Because of this, as China’s "new car-making strength", Lantu Automobile naturally has its own unique feature – from the perspective of users, so that more fuel owners can accept and adapt to smart electric vehicles at a lower learning cost.

At present, the biggest advantage of smart electric vehicles to attract most fuel owners is "intelligence". In this regard, Landmap does not blindly raise the level of intelligence, but fully considers the user’s high-frequency usage scenarios, and provides the most suitable driving habits, the most commonly used, and the most convenient intelligent driving assistance functions to the owner. For example, for high-frequency scenarios such as urban congestion, high-speed cruise, and night driving, Landmap FREE provides 20 intelligent driving auxiliary features such as ACC full-speed domain adaptive cruise, LKA lane keeping assistance, and AEB automatic braking, and is equipped with the NVS night vision system that is rarely equipped with models.

During the experience of "Automotive News Agency", I noticed that during the driving process of Lantu FREE, the camera in the car will always pay attention to the driver. Once it is found that its line of sight deviates from the driving direction for a certain period of time, the VOYAH Attention Awakening Mode will activate the voice and prompt tone to remind the driver to find a rest stop for rest. Of course, the driver can also respond "I’m fine" and "I’m not tired" to disarm the warning. Although this function still has room for optimization, it is not difficult to see Lantu’s Internet thinking from it.

In response to users’ complex parking "pain points", Landmap FREE fully considers various parking scenarios, not only supports common vertical and lateral parking spaces, but also can cope with complex scenarios such as 45 ° and 60 ° oblique train spaces, ramp parking spaces, etc. It is currently the only model that supports oblique train head parking, realizing the most fully automatic parking scenarios currently covered.

"As a data-driven, technology-driven, user-driven company, what Lantu needs to do is to drive the development of the automotive industry with the most advanced technology. In this era of fierce competition, if you are not fast enough and advanced enough, you are likely to be eliminated." But at the same time, Lu Fang also stressed that Lantu and users need to create a symbiotic relationship of mutual growth, not a simple business relationship, so "we must not toss users, then we can only toss ourselves. Although a technology may not be 100% safe, we must strive to achieve 99.9% or even higher security, otherwise how can consumers feel at ease? Maybe colleagues always say that I am not very traditional, but when it comes to security, I am really traditional."

It is worth mentioning that in terms of autonomous driving technology, which has attracted much attention recently, Lu Fang promises to open data to users in the future (under the premise of ensuring the privacy of car owners), and to conduct product co-creation: "But we can’t treat users as our experimenters, which is unfair to users. We have plans for future autonomous driving technology, but on the one hand, it depends on laws and regulations, and on the other hand, it also depends on the real needs of users. If some driving technology can reduce your driving burden, I think it may be necessary, but let you completely increase the burden on your heart. When I’m driving, you always remind me that I don’t think it’s a good experience. So we still have to start from the perspective of experience."

"At present, we are in an era when domestic products are just right, and Chinese brands are experiencing the rise of brands. We hope to provide users with products and services that are’value for money, price is credible, buy without regret, use without worry, empower life, and harvest friendship ‘.’" For Lantu FREE, Lu Fang’s confidence is not without reason: as the official mass production of Lantu FREE on June 30 is approaching, the Lantu automotive team is working with partners to carry out a series of measures such as exquisite Quality Standard matching, special characteristics full guarantee risk investigation and confirmation, mass production supervision, and key supplier partners’ in-factory promotion activities to ensure high-quality delivery of parts during mass production. Whether Lantu can "become famous in one battle" can be described as this move.

2.

Transforming service capabilities: turning every user into a partner

"The development of China’s auto industry is inseparable from the growth of consumers. Now consumers, especially new energy owners, have a lot of thinking and research on cars, technologies, and future travel lifestyles. Their expectations are not only high-quality products and advanced technologies, but also hope that car companies will eventually bring a new lifestyle to them." Lei Xin, CBO of Lantu Automobile, pointed out in an interview with Automotive News Agency that Lantu’s goal of reaching users through "direct sales mode + APP" is being realized. While it can meet user requests faster, some "die-hard fans" have participated in the development process of new models and put forward many useful suggestions.

In fact, in the eyes of many media, thanks to the strong endorsement of Dongfeng Company, the product strength is not the shortcoming of Lantu, a young brand – after all, the Lantu FREE of extended range and pure electric "dual support" is born to solve the anxiety of users. It is also very targeted in the dimensions of intelligence, performance and comfort, and the whole series comes standard with many luxury equipment, which is comparable to a number of competitors. But in shaping brand perception and building a good reputation among seed users, Lantu does have a lot of homework to do.

To this end, like many new car-making forces, Landmap has built a marketing system and after-sales services system based on the direct sales model. Focusing on the core of "user-centered", Landmap has built APP and Mini Program online, established flagship stores, Landmap space, delivery service center, and full-function user center offline. Four different forms of stores, and built a product expert team MATE listens to users’ voices in direct-operated stores across the country. Later, Landmap will also meet user requests through continuous OTA.

Careful netizens will notice that the "C position" on the first floor of many popular shopping malls is no longer the "exclusive" of luxury or fast-moving consumer goods stores. Tesla, NIO, Ideal, Xiaopeng and many other smart electric vehicle brands have followed, together with Apple, Huawei, Xiaomi and other 3C products, becoming the new "image responsibility" in the market. However, Lantu is still the first to create a high-end new energy brand among traditional car companies and adopt a direct sales model.

In terms of location selection of direct-operated stores, Lei Xin revealed that on the basis of full insight into consumer needs, Lantu follows the three elements of "being closer to the user’s home life circle, closer to the user’s entertainment business circle, and closer to the user’s work circle": "Affected by urban development, now 4S stores are slowly turning to the suburbs, making it inconvenient for users to see and buy cars. Opening urban spaces in high-end supermarkets can be close to the user’s living radius and life circle, and there is no need to go to the suburbs. For example, Shanghai Moon Bay Lantu Space is in a community, at the user’s doorstep. We can bring users the most convenient and favorite brand experience and communication method in a way that is more convenient for users to contact."

"Users can conveniently learn about information and products online, and quickly experience offline, so that users can communicate with us as partners, relatively easily. Everyone sits and drinks coffee, and is tired and rests to read books. In a sense, visiting direct-operated stores can become a way of life, rather than simply completing a purchase as before. Compared with traditional 4S stores, this is actually a fundamental change." Lei Xin also stressed that under the new retail model, the information and services related to products (vehicles and car services, etc.) must be direct, transparent, unified and of high quality. " For example, after users place an order with one click on the official Lantu Auto APP, they can see the whole process information of the vehicle from order generation, matching, manufacturing, logistics, and delivery. They can track it at any time and control it freely. "

Different from the traditional one-time buying and selling relationship, what Lantu Auto hopes for is long-term interaction, which is to cultivate "seed users" and cultivate the core user circle. "Seed users" are the first ripples that Lantu provokes in the market. They follow from Lantu’s first product and become strong advocates, and then the ripples of the second and third circles come. As Lantu Auto adheres to "user orientation" and "co-construction and sharing", actively responds to user concerns, and actively builds a platform for customer engagement of Lantu affairs, private domain traffic is increasing, and user identity is also forming.

It is worth mentioning that Lantu’s direct sales model also has a great "ambition" that is, like the founder of the 3C direct sales model – Apple Store, "it reflects the employee-centered corporate culture, attaches great importance to employee benefits and satisfaction, and then cultivates every employee into a’evangelist ‘of the brand."

"All customers who come to the store will feel our humility (Modest), positivity (Active), teamwork (Teamworking) and vitality (Energetic). We look forward to becoming partners on each other’s life path with customers, and jointly create a beautiful taste life with true zero anxiety." The head of Lantu Space Shanghai Ruihong Tiandi Moon Bay Store previously introduced to Auto News Agency: MATE culture is not only to reshape the relationship between employees, but also to become like-minded partners. More importantly, it can bring high-quality warm services to users, so that the brand value and product value of Lantu can be truly reflected through user operation. " Our entire team is building the Landmap MATE partner culture, which is to establish a relationship like classmates, family, and friends. When we are together, we don’t just come to do a job, it is best if you are the sales champion. I hope that everyone can make friends here, like family, discuss things together, learn together, make progress together, help each other, and realize value together. "

Write at the end

"The concept of user enterprise is easy to be accepted by everyone, but it is still very difficult to really achieve it." Unexpectedly, Lei Xin also put forward this request before the end of the interview: "I don’t have enough time to communicate today, but I still hope that everyone can give any opinions and suggestions on the product and experience link." For the future scale of the company and the market share of the product, Lantu neither talked about the vision nor "painted a big cake" (the only small goal is also very frank, that is, after the delivery of Lantu FREE, the sales volume will exceed 10,000 units quickly), but as a year ago, as far as possible to collect the most authentic views of prospective owners, potential customers and the media (even welcome "complain").

In the opinion of Automotive News Agency, it is this professional, honest and pragmatic attitude that subtly changes everyone’s opinion of Lantu – making more and more people in the industry start to look forward to it, and making more and more consumers willing to try Lantu FREE to see how much surprise it can bring.

– END –

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"It’s a worthwhile trip" press conference, Hu Ge and Wu Lei cooperate again to talk about character building


1905 movie network feature June 10, 25th sessionShanghaiInternational Film FestivalgoldKnight AwardMain Competition Unit EntriesIt was worthwhile.Hold a press conference, supervise the productionCao BaopingWriter and directorLiu JiayinBring actorsHu Ge,Wu Lei,Qixi,BaikeMeeting with the media.


In the film, Wen Shan, an ordinary screenwriter who is "left behind", accidentally starts to write eulogies for a living. In his encounters with ordinary people of all kinds, Wen Shan comforts others, gains warmth, and finally finds his own life direction. The film is a true portrayal of director Liu Jiayin’s more than ten years of constantly balancing the relationship between himself and the world to find answers. "I also often go to Babaoshan and the zoo. Many of them are my imagination of what life might be like. I imagine that I can do something in Babaoshan, and there is something that needs me, and this character is transformed from it."


In the film, Mr. Hu portrays an introverted observer who "smiles occasionally and is happy, but looks not so happy and everything is normal." When he first started creating the character, Mr. Hu was very concerned about whether he could find someone to refer to in real life, and the character did not fit his past experience in creating characters. "When I don’t have a specific person to refer to, I feel unconfident and afraid that I won’t be able to really get close to this person."


Ultimately, in this somewhat healing story, Hu Ge found a connection to his own experience in recent years. After his mother died in 2019, "I never had the courage to face this matter squarely. It was my good fortune to meet Wen Shan. In fact, when I met this character, he really kept healing and warming me, and I was always switching between Wen Shan and the character he healed."


For Wu Lei, who is working with Hu Ge for the third time and plays Wen Shan’s inner projection in the film, this performance is also a new challenge for Wu Lei, who is starting to try out the author’s film. Sometimes the characters are not so "landing", and at the same time they have to reach a certain echo and care with Hu Ge’s performance. As a character waiting to be created in the film, Wu Lei said that Xiao Yin is waiting for a better way out. "This is very much like myself, and like many young people, they long for a better future."


In Hu Ge’s opinion, the role of Wen Shan is to the director Liu Jiayin, just as Wu Lei’s role of Xiao Yin is to Wen Shan. Liu Jiayin, who projected a lot of her own experiences and emotions, admitted that when she first wrote the script, Wen Shan’s face was always blurred, until the moment it was turned on, "The reaction from quantitative change to qualitative change happened, he seemed to steal Wen Shan from me, and from then on I can see Wen Shan’s face."


"Dragon Horse Spirit" Exposes Ultimate Trailer and Poster, Jackie Chan and Ma Depend on Each Other


1905 movie network news Written, directed, and starred by Yang Zi, the film will be released nationwide on April 7. On March 31, the film released its ultimate trailer and poster, and announced the official opening of pre-sale. In "Dragon Horse Spirit", Jackie Chan plays Lao Luo, who was originally the strongest dragon and tiger martial artist in the past, but was injured by a dangerous action shooting. From then on, the scenery is no longer there, and he can only live with his beloved horse, Chitu.


In the trailer, the down-and-out Lao Luo is in deep trouble, and even Red Rabbit is forced to separate from himself due to debt disputes. In order to keep Red Rabbit, Lao Luo chose to return to the set with Red Rabbit, and one person and one horse started a journey of laughter and tears. It is worth mentioning that in addition to the familiar action and comedy elements of Jackie Chan movies, "Dragon Horse Spirit" also has a lot of sincere emotions. The tearful self-blame after "losing" Red Rabbit, the persistence of the spirit of Dragon Tiger martial artist, and the brave protection of his loved ones all make people see a different Jackie Chan character. "His way of expressing love is to fight with his life. Love movies is like this, and love Red Rabbit is even more so." It seems clumsy, but it is very sincere, which makes people very moved.In the final poster released together, Lao Luo Chitu accompanied each other, his eyes calm and firm. In addition, the rest of the actors in the film also appeared, and they were looking forward to the movie’s release.


Really fell, really hit, one person and one horse broke into the set

Jackie Chan’s 60th anniversary of entering the industry pays tribute to the dragon and tiger martial artist


In "Dragon and Horse Spirit", Jackie Chan returns to the set with Red Rabbit and wants to train Red Rabbit into a Dragon and Tiger martial artist. Jackie Chan and Ma partner, full of fresh points. In the film, the clever and lovely Red Rabbit will not only "love and kill" with Jackie Chan, but also tacitly partner, presenting many wonderful action scenes on the set, showing the "action star" style, accompanying Jackie Chan to stick to the "Dragon and Tiger martial artist, never say no" spirit.


"If you don’t fall, what will the audience watch?" This time Jackie Chan played the role of Dragon and Tiger Martial Artist, whether it was Lao Luo in the film or Jackie Chan outside the play, he always insisted on "really falling and really fighting". And Jackie Chan’s 60 years in the industry, it is by relying on "really falling and really fighting", with injuries to this day, that more people have seen the wonders of Chinese action movies. Under the video of Jackie Chan’s classic life-fighting scene, many viewers were moved by this persistence, "Looking at these shots, I really shed tears. Big brother really used his life to present too many classic movies for the audience. Thank you big brother, thank you dragon and tiger martial artists."


Sincere love, do your best for what you love

Jackie Chan shows his emotional side, so moved


In addition to Jackie Chan’s 60 years of love from the film is touching, in the trailer, Jackie Chan and Chitu are equally touching. From the initial careful care, to the later side by side, but finally had to face separation, when Jackie Chan said tearfully "I lost Chitu", people saw a different Jackie Chan. Whether it is for his family or his beloved profession, this character who does his best to protect his loved ones is sincere and warm.


As a fan of Jackie Chan’s big brother, director Yang Zi also said in the interview that he was deeply moved by the big brother’s performance this time. When it comes to character creation, the director bluntly said, "The big brother I saw before was a very bold and strong character, but this time I designed a character with more sensitive emotions." Not only that, the director also said, "You can see that he is very delicate, very fragile, and very emotional. It is very rare and very moving for him to show this side to you."


The movie "Ryoma Spirit" will be released nationwide on April 7.


"Announcement of Road Motor Vehicle Manufacturers and Products" by the Ministry of Industry and Information Technology

On September 12th, AITO’s new M7 series was officially launched. The new M7 enjoys six seats and five seats. With its leading intelligent experience, excellent space, excellent comfort and all-round safety protection, it has once again set a new benchmark in the market segment. At the same time, the Ministry of Industry and Information Technology announced the 375th batch of "Road Motor Vehicle Manufacturers and Product Announcements", and AITO’s M9 was listed.

As the first full-size flagship SUV under the AITO brand, Wenjie M9 is based on the newly created D-class luxury SUV platform, with a new family design, a changeable space comparable to MPV level, an all-aluminum alloy chassis of luxury car level, and Huawei smart car full-stack technology solutions including smart cockpit, smart driving, Huawei megapixel smart headlights, Huawei AR HUD, Huawei AI big model, etc., bringing a new all-scenario intelligent experience. Not only that, but M9 will also be equipped with Huawei’s most intelligent security system.

Previously, it has been announced that the pre-sale price of the M9 is 50-600,000 yuan, and it will be officially released in the fourth quarter of 2023.

Dual-color body, a new family design language

Q Jie M9 continues the Q Jie brand’s consistent aesthetic principle of "extreme, simple and pure", and introduces a new family design language. With the design concept of aesthetic integration of humanities and technology, it opens the era of intelligent aesthetic design of Q Jie series.

The design of the M9 has a very recognizable "skyline". The public diagram shows that the M9 adopts the double-color body design commonly used in top high-end luxury cars. The blue body is matched with a silver roof, which not only has a majestic calm charm, but also brings a sense of suspension.

The M9 vehicle is simple and advanced in shape, with 21-inch new styling wheels, outlining a form that combines stability, speed and power. The iconic smart headlights integrate many functions into the same element, forming a highly integrated design, and the front and rear designs echo, further strengthening the sense of wisdom and distinct recognition.

Flagship full size, extravagant and large space

As a full-size flagship SUV, the Wenjie M9 is 5230mm long, 1999mm wide, 1800mm high, and has a wheelbase of 3110mm.

Through leading structural design, Winjie M9 realizes the same flat floor riding experience as MPV, which not only makes it more convenient for second and third rows to enter, but also allows third-row passengers to bid farewell to the "small bench" and bring a more relaxed long-distance travel experience.

Based on the design concept of equal rights for six seats, Qinjie M9 also provides a variety of comfortable experiences beyond the MPV level through innovative space layout, so that every passenger in the car has the same comfortable first class experience. The six seats in the three rows of the car support electric adjustment, and can also provide 3, 4, 5, and 6 seat modes according to user requests, which can be switched arbitrarily in different scenarios to improve the flexibility of the interior space.

Extended range pure electric, smart driving control car is easy to drive

According to the public information, the M9 model is equipped with a four-wheel drive system as standard, covering both extended range and pure electric power forms. All of them use high-energy density batteries to bring stable long-range battery life, and the extended range can be powered by oil and electricity, allowing users to bid farewell to mileage anxiety. Pure electric vehicles cooperate with the industry’s leading high-power high-voltage super fast charging platform to make the user’s energy replenishment experience more efficient and convenient.

At the same time, with the support of the HUAWEI DriveONE electric drive intelligent platform, the Wenjie M9 not only shows excellent performance, but also takes into account low energy consumption. According to the public information of the Ministry of Industry and Information Technology, the energy consumption of the whole vehicle of the Wenjie M9 extended range version is as low as 6.9L/100km, and the power consumption of 100 kilometers is 24.3KWh/100km. The pure electric version of the model consumes 17.4KWh/100km.

It is worth mentioning that the Q & J M9 is equally impressive in terms of driving performance. The luxury car-grade all-aluminum alloy chassis, the standard air spring and CDC shock absorption system in the whole system, and unique technologies such as HUAWEI DATS 2.0 will bring leading intelligent driving control, allowing the car to have a light and easy driving experience.

Huawei’s intelligent "black technology" blessing, "understands people, understands roads and understands cars"

In terms of intelligent experience, the Q & J series has always been far ahead. As Huawei’s flagship product of deep empowerment, Q & J M9 has fully loaded Huawei’s smart car full-stack technology solutions. On the basis of intelligent cockpit and intelligent driving "dual intelligence", Huawei intelligent vehicle control, Huawei megapixel smart headlights, Huawei AR-HUD, light field screen, Huawei SOUND, AI big model and other black technologies are all collected to bring users an unprecedented full-scene intelligent interactive experience.

Different from the simple stacking design, Huawei has injected emotion into technology through its own years of precise control of user requests, and polished the intelligent experience of humanities, technology and aesthetics. Take the smart cockpit as an example, the Wenjie M9 will be equipped with the latest Hongmeng smart cockpit, in which the car voice assistant Xiaoyi will be connected to the AI large model, incarnated as a "personal butler" who knows you understand you, making the interaction more natural and intelligent, and making the car "smarter and smarter the more you drive, the more you understand you."

From exterior design, spatial layout, power performance, driving experience to intelligent configuration, the Q-World M9 brings a flagship-level luxury configuration, which will also bring users a different smart travel experience.

Breaking news! WANDA CINEMAS changed hands: The new boss will be the post-80s generation!

On the evening of December 12th, WANDA CINEMAS officially announced that it was no longer Wang Jianlin’s company.

WANDA CINEMAS Co., Ltd. (hereinafter referred to as "the company" and "WANDA CINEMAS", 002739) announced that Beijing Wanda Cultural Industry Group Co., Ltd. (hereinafter referred to as "Wanda Cultural Group"), its wholly-owned subsidiary Beijing Hengrun Enterprise Management Development Co., Ltd. (hereinafter referred to as "Beijing Hengrun"), the actual controllers of the company Wang Jianlin and Shanghai Ruyi Investment Management Co., Ltd. (hereinafter referred to as "Ruyi Investment").Signed the Equity Transfer Agreement,It is planned to transfer 51% equity of Wanda Investment, the controlling shareholder of the company, to Ruyi Investment, with a total transfer price of 2.155 billion yuan.If the above matters are finally implemented,The actual controller of the company was changed to Ke Liming. The company’s shares have resumed trading since the market opened on December 13th, 2023.

According to public information, China Ruyi (HK0136) controls its subsidiaries by agreement, and the latter holds 100% of the actual rights and interests of Shanghai Ruyi, and Ke Liming, Chairman of the Board of Directors of China Ruyi, holds 99% of the shares of Shanghai Ruyi.

China Confucianism was originally named "Hengteng Network", which was composed ofEvergrandeJointly funded with Tencent, afterEvergrandeIn November 2021, Tencent withdrew its capital, and then became the major shareholder of China Confucianism and Italy through three rounds of additional issuance. At present, Tencent Holdings (0700.HK) holds 19.12% shares of China Ruyi through its wholly-owned subsidiary Water Lily.

The withdrawal of real estate leaders from film and television investment and the takeover of Internet giants are also regarded by the industry as a landmark acquisition event in China cinema industry. In the film and television drama industry, China Confucianism and Italian film industry as the main body, to carry out related business development. Although it is not well-known outside the film and television industry, Confucianism and Italian Film also participated in the production of popular films such as "To the Youth We Will Die", A Little Red Flower and Moon Man.

WANDA CINEMAS: Actual controller.

Will be changed to keliming, and the stock will resume trading.

On the evening of December 12, WANDA CINEMAS announced that the company had recently received a notice that Wanda Culture Group, Beijing Hengrun and Mr. Wang Jianlin signed the Equity Transfer Agreement with Ruyi Investment, which they intend to hold respectively.Wanda Investment holds 20%, 29.8% and 1.2% equity (holding 51% equity of Wanda Investment in total).Transferred to Confucianism and Italy, the total transfer price is 2.155 billion yuan.

After this transaction, the controlling shareholder of the company is still Wanda Investment, and Ruyi Investment holds 51% equity of Wanda Investment. Ruyi Investment is a wholly-owned company of Keliming.Ke Liming indirectly controls 20% of WANDA CINEMAS’s equity through Confucianism and Italian investment, and the actual controller of the company will be changed to Ke Liming.The company’s shares will resume trading on Wednesday, December 13, 2023.

Before this transaction,Wanda Investment, the controlling shareholder of the company, holds 20% of the company’s shares, Wanda Culture Group, Beijing Hengrun,Wang Jianlin holds a total of 51% of Wanda Investment.Wang Jianlin indirectly controls 30.9% equity of WANDA CINEMAS through Wanda Investment and its concerted actors Wanda Culture Group, Shenxian Rongzhi Xingye Management Consulting Center (Limited Partnership) and Lin Ning.The actual controller of the company is Wang Jianlin.

Mr. Ke Liming holds 16.34% of the total share capital of China Ruyi Holdings Co., Ltd. (hereinafter referred to as "China Ruyi"), and China Ruyi controls Shanghai Ruyi Film and Television through an agreement.Production Co., Ltd. (hereinafter referred to as "Ruyi Film and Television") holds 49% equity of Wanda Investment.

After this transaction, the controlling shareholder of the company is still Wanda Investment, and Ruyi Investment holds 51% equity of Wanda Investment. Ruyi Investment is a wholly-owned company of Keliming, who indirectly controls 20% equity of WANDA CINEMAS through Ruyi Investment.The actual controller of the company will be changed to Ke Liming.

In addition, China Ruyi Film and Television, which is controlled by Ruyi through an agreement, holds 49% of Wanda Investment, and Ke Liming also holds 16.34% of the total share capital of China Ruyi. After this transaction, Wang Jianlin indirectly controls 10.9% equity of WANDA CINEMAS through Wanda Culture Group, Shenxian Rongzhi Xingye Management Consulting Center (Limited Partnership) and Lin Ning.

After the completion of the 51% equity transfer, it can be said that Wang Jianlin cleared all the equity of Wanda Investment he held. This is undoubtedly a major turning point for WANDA CINEMAS.

An internal employee of WANDA CINEMAS told the reporter of national business daily on the phone earlier that in October this year, the administrative director and financial director sent by China’s Confucianism and Italy took the lead to settle in WANDA CINEMAS, but other businesses have not changed significantly at present. "As a terminal, even if there is a change, there will be a lag, or the impact is not so great."

Wang Jianlin once made no secret of his ambition for the cultural industry. Many years ago, when faced with the news that Disneyland had settled in Shanghai, he boldly declared that it would be difficult for Disney to make a profit in the next 20 years. He clearly realized that China’s real estate industry has developed for more than 20 years, and in another 15-20 years, this industry may gradually shrink. In order to ensure the sustainable development of Wanda, he understands that the company must turn to diversified fields such as culture and tourism.

In order to realize this transformation, Wanda carried out a major overseas merger and acquisition as early as 2012, and acquired AMC Entertainment Holding Company, the second largest cinema in the United States, which was the first overseas merger and acquisition in China film history. Since then, Wanda Cinema has successively launched a fixed-income plan since July 2015, and plans to acquire 100% equity of Hoyts, the second largest cinema in Australia, and 100% equity of Muwei Fashion and Chongqing Shimao Cinema Management Company, a domestic film data company.

Wanda also owns its own listed company, wanda cinema line, which is in the leading position in the domestic industry and is regarded as an important quality asset of Wanda Culture Group by the outside world. However, affected by the epidemic situation in recent years and other factors, WANDA CINEMAS has also experienced some difficulties. According to the financial report data, in 2019 and 2020, the company lost 4.729 billion yuan and 6.669 billion yuan respectively. Although it achieved a slight profit in 2021, it fell into a loss again in 2022, with a net profit loss of 1.923 billion yuan.

The above-mentioned employees in WANDA CINEMAS told reporters that in recent years, the benefits of Wanda Real Estate have been sluggish, and they often need the support of business management and cultural groups.

Today, Wang Jianlin bid farewell to the original film and television dream.

"Before the epidemic, Wang Jianlin expressed his dissatisfaction with WANDA CINEMAS at the year-end summary meeting for two consecutive years. After the annual party, he will come to our floor, which impressed me deeply. He said in a bad tone that the cinema earned less and the company didn’t keep idle people. The film industry as a whole is only tens of billions a year, which can’t help the big group. " The employee recalled Wang Jianlin’s deep impression on the film and television business.

CFF20LXzkOwNfsay86cib4p0S2T0NfBIZicSMl7tYnKBaibmLibs8uIQI1mZYasibU5KFf6wlMM5EENdMic3ibFTHCmUw.pngWho’s Cleming?

Born in April 1983, Ke Liming is a layman in the film industry. After graduating from abroad, he entered the investment bank. However, after the financial crisis, Ke Liming decided to start a business and began to invest in film and television.

The magical divine comedy "Little Apple" was once a smash hit, and the trader behind it was Ke Liming, and "Little Apple" was also the propaganda song of the film "The Old Boy Raptors Crossing the River" that he was the owner of the real controller.

As an investor and producer, Mr. Ke Liming once led and invested in films such as Keep You Safe, Exchange Life, Moon Man, Hello Li Huanying, A Little Red Flower, Animal World, Sewing Machine Band, never gone, To Our Dying Youth and so on, as well as Love at Nine Bends, Old Chinese Medicine Doctor, Old Tavern, Frontier of Love, No War in Beiping and Langbang.Among them,Guaranteed issueHi, Mom,Won 5.414 billion domestic box office, ranking third in the film history.

This year’s summer file exploded the movie "She Disappeared", and Confucianism and Italian film and television also participated in the investment. The box office of the film has reached 3.467 billion yuan. In addition, this year’s main films of the company include "Warmth" and "Keep You Safe".

At present,ColiminHe is the executive director and chairman of China Ruyi and the executive president of Pumpkin Films Limited.What he is in charge ofmiddlecountryConfucianism(Formerly known as "Hengteng. com"Complex "),frontAs a Masge setGroup, mainly engaged in investment and trading of securities, providing financing, property investment and manufacturing and selling photographic products and accessories business.

In 2015,EvergrandeAfter the acquisition of the group, the Group and Tencent Holdings changed its name to Hengteng Network Group. At that time, the company was mainly engaged in Internet business.

On October 26, 2020, Hengteng Network announced that it had wholly acquired the entire equity of Ruyi Film and Pumpkin Film through allotment and issuance of shares and subscription of equity, and made a comprehensive transformation to an Internet technology enterprise, focusing on creating streaming video services; In January 2021, Hengteng Network announced that it had officially completed the acquisition of all the shares of Confucianism, Italian Film and Pumpkin Film. In the second half of 2021, Evergrande Group experienced a liquidity crisis. By November 2021, Evergrande cleared its equity in Hengteng Network and left, and Ke Liming, the real controller of Ruyi Film, became the largest shareholder of Hengteng Network. Tencent Holdings became the second largest shareholder. After Evergrande left, Hengteng Network was officially renamed as "China Confucianism" in February 2022.

On July 4th, 2023, China Confucianism announced that the company had entered into a share subscription agreement with the subscribers, and issued a total of 2.5 billion subscription shares at a price of HK$ 1.6 per share, raising a net fund of HK$ 4 billion. The institutions or individuals participating in this subscription include Tencent, Liu Xueheng, Cubract Ventures, Yushan and Chengwan Development.

Among them, Tencent will take out 800 million Hong Kong dollars to participate in the subscription through its subsidiary Water Lily, and after the transaction is completed,Ke Liming, chairman of China Ruyi, will reduce his shareholding in China Ruyi to 15.14%.Tencent’s shareholding ratio through Water Lily increased to 20.36%, further consolidating its position as a major shareholder.In addition, Liu Xueheng holds 4.29%, Cubract Ventures holds 4.36%, and Yushan and Chengwan Development hold 4% respectively. According to China Confucianism, the HK$ 4 billion fund obtained this time, of which HK$ 3.6 billion is intended to be used for the development and expansion of the group’s film and game business, and HK$ 400 million is used for the general working capital of the group.

Shanghai ConfucianismA controlled structural entity holding 100% actual rights and interests for China Confucianism and Italy, whichFounded in 2013, it is mainly engaged in the production and operation of radio and television programs and film distribution business.

CFF20LXzkOwNfsay86cib4p0S2T0NfBIZicSMl7tYnKBaibmLibs8uIQI1mZYasibU5KFf6wlMM5EENdMic3ibFTHCmUw.pngWanda’s 38 billion yuan gambling crisis was lifted

According to Dalian Wanda official website, on December 12, 2023, PAG and Dalian Wanda Commercial Management Group jointly announced the signing of a new investment agreement. Taimeng will cooperate with other investors to reinvest in Zhuhai Wanda Commercial Management after its investment redemption expires in 2021 and is redeemed by Dalian Wanda Commercial Management Group. In August 2021, the existing investors invested about 38 billion RMB in Zhuhai Wanda Commercial Management, of which the investment of Taimeng was about 2.8 billion US dollars (about 18 billion RMB), and the existing investors enjoyed the right of redemption at maturity in the original investment arrangement.

This means that before the deadline for Zhuhai Wanda Commercial Management to go public in Hong Kong comes, the gambling pressure on Wanda’s listing has been eliminated.

According to the information disclosed in the previous prospectus, there are 22 institutional investors of Zhuhai Wanda Commercial Management, including Zheng Yutong Family, Country Garden, CITIC Capital, Ant, Tencent and Taimeng Investment Group. In August 2021, these investors invested about 38 billion RMB, of which Taimeng invested about 2.8 billion US dollars (about 18 billion RMB). According to the contents of the previous gambling agreement, if Zhuhai Wanda Commercial Management fails to complete the listing before the end of 2023, Wanda Commercial Management is obliged to repurchase shares from the above investors. If Zhuhai Wanda Commercial Management cannot be listed at the end of this year, it will trigger a repurchase agreement, and Wanda’s cash flow may also be under pressure.

According to the new agreement, Dalian Wanda Commercial Management Co., Ltd. holds 40% of the shares, which is the single largest shareholder, and several existing and new investors such as Taimeng participate in the investment, holding a total of 60%. Previously, Dalian Wanda Commercial Management directly owned about 69.99% of the total issued shares of Zhuhai Wanda, and indirectly owned about 8.84% of the total issued shares through Zhuhai Wanxin, Zhuhai Wanying and Yinchuan Wanda; Twenty-two companies and six senior executives hold shares, holding 21.15% of the shares.

In other words, after the signing of the new agreement, the shareholding ratio of Dalian Wanda Commercial Management Group in Zhuhai Wanda Commercial Management Group decreased by at least 29.99%, while the shareholding ratio of the aforementioned investors increased by 38.85%.

According to Blue Whale Finance, Zhuhai Wanda Commercial Management Co., Ltd. will mainly introduce foreign investors, and some of the original domestic investors will withdraw. Another investor of Zhuhai Wanda Commercial Management Co., Ltd. also said that at present, the investors of Zhuhai Wanda Commercial Management Co., Ltd. are indeed overseas investors, but the list of new investors has not been completely determined. Regarding whether Zhuhai Wanda Commercial Management Association will redeem the investment on schedule when it expires, the above investors said, "After Zhuhai Wanda Commercial Management has talked with the new investors, it is expected that there will be a transitional stage for the withdrawal of the original war investment, and the process is more complicated. At present, all parties are discussing."

According to china securities journal, people close to Wanda responded by signing a new agreement. Some existing investors chose to withdraw from the investment, but the vast majority of investors kept their investment in Wanda. More importantly, new investors entered, including some overseas investors, which showed that investors highly affirmed the growth potential of Zhuhai Wanda Commercial Management and its operating ability.

Zhuhai Wanda Commercial Management signed a gambling agreement with investors. First, the actual net profit from 2021 to 2023 should not be less than 5.19 billion yuan, 7.43 billion yuan and 9.46 billion yuan, otherwise Wanda Commercial Management will transfer the relevant number of shares at zero consideration or pay cash compensation; Second, it will be listed in 2023 at the latest, otherwise Wanda Commercial Management will buy back shares from investors and pay extra compensation.

According to the performance data disclosed by Wanda, Zhuhai Wanda Commercial Management has exceeded its performance target for three consecutive years, with after-tax income of 23.5 billion yuan in 2021, 27.1 billion yuan in 2022 and 29.3 billion yuan in 2023 (estimated), with an average annual growth of about 12%; After-tax profit is 5.3 billion yuan in 2021, 7.5 billion yuan in 2022 and 9.5 billion yuan in 2023 (estimated), with an annual growth rate of 34%.

According to the interim report of Wanda Commercial Bond (2023), the company’s interest-bearing debts within six months totaled 15.84 billion yuan. In other words, Wanda Commercial Management still has 15.84 billion yuan of interest-bearing debt due during the year. The above report also shows that Wanda Commercial Management’s interest-bearing debt due in the first half of 2024 is 13.417 billion yuan.

According to the 2023 Hurun Rich List released by Hurun Research Institute on October 24th, the Wang Jianlin family of Wanda was among the richest people with the largest decline in wealth this year, and its wealth dropped by about 53 billion yuan.

edit|Du Hengfeng Du Bo, Cheng Peng

Proofread |Duan Lian

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National business daily is integrated from company announcements, Blue Whale Finance, china securities journal, Wanda official website and public information.

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