Provide financial support for science and technology enterprises in the initial stage, so that the seeds of innovation can germinate competitively.

  Venture capital, seed funds actively lay out emerging industries and future industries, and "stock loan and debt guarantee" has strengthened the linkage to solve the financing bottleneck of technology enterprises … Nowadays, financial products continue to innovate, and fiscal and tax support continues to increase. In the past, start-up technology enterprises that faced financing problems because of small scale, light assets and difficult valuation have received more help. A few days ago, the reporter walked into a number of technology-based enterprises and felt the enthusiasm for innovation.

  Help the early, the small and the excellent, and the fund will take good care of the project growth.

  At the end of August, the "Quantum Vision" project in cooperation with Anhui Science and Technology Museum was successfully delivered. Hu Wei, executive director of Hefei Hanhai Quantum Technology Co., Ltd., breathed a sigh of relief: "Thanks to the help of the seed fund, we have the confidence to take this project."

  Two years ago, Hu Weicheng, a researcher at China University of Science and Technology, established Hanhai Quantum according to the policy that universities give scientific researchers the ownership of scientific and technological achievements. In the early days of the establishment of this technology-based enterprise, the dilemma of lack of funds, equipment and space once left the founding team at a loss.

  In May last year, in the roadshow of the achievement project of Hefei Science and Technology Achievement Transformation Special Class, Hu Wei showed the company’s technology, which successfully attracted the attention of Dean Wong, the leader of the second group of Hefei Science and Technology Achievement Transformation Special Class. As the deputy general manager of Hefei Kechuang Group, the operation manager of Hefei seed fund, Dean Wong made a preliminary agreement with the scientific research team of Hanhai Quantum Company to invest 2 million yuan in seed fund after confirming the innovation and practicability of the project.

  The blessing of seed fund not only helped Hu Wei enterprises tide over the difficulties, but also incited other capitals to join. "The enterprise has just been established with no profit and financing difficulties. After getting the seed fund, it not only solves the current financial problem, but also makes our follow-up financing much easier. " Hu Wei told reporters that they are currently negotiating with Hefei Industrial Investment Promotion High-tech Venture Capital Fund Partnership, and will soon get another investment of 3 million yuan.

  In 2022, Hefei set up a seed fund with a total scale of 500 million yuan to provide financial support for "original innovation, source innovation and integrated innovation". "Different from other funds, seed fund investment projects are in an earlier stage, like’ sowing’." Dean Wong said that the operation process should be evaluated according to the whole life cycle of the fund, and the maximum loss of the fund should not exceed 50%. Up to now, Hefei Seed Fund has reviewed 108 projects, of which 97 projects have passed the establishment meeting, and the approved investment amount exceeds 160 million yuan.

  Since the beginning of this year, aiming at strategic emerging industries such as high-end equipment manufacturing, integrated circuits, biomedicine and big health, Hefei Seed Fund has signed 29 loan projects, totaling 53.5 million yuan, achieving full coverage of key industries. Today, the city has built a "fund jungle" of "government-guided parent fund+seed/angel/science and technology innovation fund+market-oriented fund", which has injected impetus into the high-quality development of local industries.

  "Science and technology enterprises in the seed stage and initial stage have great development potential, but they also have problems such as high commercial risks and low credit level, and it is often difficult to obtain funds from traditional financing channels. As a professional organization, angel investment, seed fund and other investments are of great significance to start-ups, which can provide necessary financial support for enterprises to carry out R&D and marketing activities, and also standardize corporate governance and improve project success rate through business guidance. " Tian Lihui, dean of the Institute of Financial Development of Nankai University, said.

  In the 6th (2023) China Medical Device Innovation and Entrepreneurship Competition, Qingdao Jianxin Medical Technology Co., Ltd. was awarded the special project of the National Key R&D Plan of the Ministry of Science and Technology, and was selected as the first batch of projects to be invested in the "Fruitful Gold" of Qingdao … After just one year of establishment, Qingdao Jianxin Medical Technology Co., Ltd. achieved rapid development.

  In 2022, Feng Qingyu founded Jianxin Medical. With ideas and technology, he and his team came to Qingdao High-tech Zone Road Show in Shandong Province. "At first, we just wanted to have a platform to promote our products. I didn’t expect to be valued by the high-tech zone and get continuous financial support." Feng Qingyu said.

  In recent years, Qingdao has devoted itself to building a global venture capital center, promulgated the Management Measures of Qingdao New and Old Kinetic Energy Conversion Guidance Fund and the policy of "Qingdao Venture Capital Ten Articles", optimized the government guidance fund policy system with the government guidance fund as a link, and activated the endogenous motivation of venture capital institutions to invest in Qingdao projects through a series of combination punches such as improving policy incentives and building a capital public platform.

  "With the investment of government investment funds, the interest of various financial institutions in us has greatly increased, financing has been much smoother, and more scientific research results have been promoted." Feng Qingyu told reporters that they not only received 30 million yuan of government investment fund, but also 10 million yuan of credit support from Qingdao High-tech Sub-branch of Shanghai Pudong Development Bank, completed tens of millions of yuan of A round financing, and received 5 million yuan of investment from Qingdao "Fruit Gold".

  "At present, local funds have developed rapidly, forming a professional and diversified development trend, actively promoting the development of strategic emerging industries and promoting R&D and innovation of high-quality enterprises." Tian Lihui said.

  It is understood that the National Guiding Fund for the Transformation of Scientific and Technological Achievements established by the Ministry of Finance and the Ministry of Science and Technology has set up a total of 36 sub-funds, which has driven social capital investment to exceed 100 billion yuan at the project level, with an amplification ratio of 1: 18. Among the invested enterprises, small and medium-sized enterprises account for more than 90%, and 36 enterprises have been listed in science and technology innovation board.

  Tian Lihui believes that in order to better support the development of angel investment, seed funds and industrial funds, the government needs to continue to play a good guiding role and provide necessary support and encouragement policies. At the same time, by setting up guiding funds, providing tax incentives and relaxing investment restrictions, we will encourage and guide more social capital to enter related fields, strive to train professionals and establish cooperation mechanisms to jointly promote scientific and technological innovation and industrial upgrading.

  "Don’t look at bricks to see patents", credit product innovation promotes the transformation of scientific and technological achievements

  Not long ago, Shandong Huajian Testing Co., Ltd. received a national patent certificate, and its research and development of "Staphylococcus aureus detection equipment" was recognized. This is the fourth patent certificate received by Shandong Huajian within three months.

  "The company has developed so well, thanks to the help of Linyi High-tech Zone." Wei Kepeng, deputy general manager of Shandong Huajian, said that at the end of last year, the company introduced a group of scientific research talents to focus on related technologies and needed to purchase equipment such as liquid chromatography-mass spectrometry and liquid chromatography.

  "The purchase of equipment is nearly 4 million yuan, which is not a small expense for a start-up like us." Wei Kepeng said frankly, "Small and medium-sized science and technology enterprises have no heavy assets to mortgage, which does not meet the traditional loan conditions."

  When the development of the enterprise is in a bottleneck, the staff of the Science and Technology Innovation Office of Linyi High-tech Zone made a door-to-door investigation, which brought good news.

  According to the staff, Linyi High-tech Zone implemented the "Science and Technology Innovation Financial Environment" optimization and promotion action, introduced the enterprise innovation points system, scored according to the enterprise innovation development indicators, and took the enterprise innovation points as a reference, made accurate policies in different categories and at different levels, and carried out credit evaluation and credit enhancement for small and medium-sized science and technology enterprises. At present, it has established cooperation mechanisms with a number of financial institutions to accelerate the development of special technology and finance products for "innovative points loans". Linyi High-tech Zone has also established service mechanisms such as financing risk compensation, loan discount and guarantee subsidy for small and medium-sized science and technology enterprises in the initial stage, and built a platform for cooperation between government, banks and enterprises.

  After listening to the policy, Wei Kepeng repeatedly praised it. Finally, after evaluation, Shandong Huajian scored a high score in innovation points, and successfully won a loan of 5 million yuan from Linyi High-tech Sub-branch of China Construction Bank.

  "In the past three years, Linyi High-tech Zone has comprehensively utilized various means such as scientific and technological equity investment, loans for transforming scientific and technological achievements, intellectual property pledge financing, and credit loans for small and medium-sized scientific and technological enterprises, and has helped more than 20 small and medium-sized scientific and technological enterprises in the region to obtain various financing loans of more than 300 million yuan." Hu Deli, director of the Science and Technology Innovation Office of Linyi High-tech Zone, introduced.

  Up to now, more than 100 national high-tech zones and more than 30 provincial high-tech zones have comprehensively promoted the enterprise innovation points system, and more than 100,000 enterprises have been included in the points evaluation. In 2022, integral enterprises received nearly 120 billion yuan in credit.

  "Looking at patents without looking at bricks", anchoring the scientific and technological characteristics of enterprises to carry out institutional innovation, has activated a pool of spring water in technology and finance.

  In Hefei, Anhui Province, in order to alleviate the financing difficulties of small and medium-sized science and technology enterprises, the High-tech Zone, together with four pilot banks, such as Industrial and Commercial Bank of China and Huishang Bank, launched the "loan-investment batch linkage" business, and recommended the technology enterprises that the state-owned holding fund has invested and intends to invest in batches. Since the pilot, 456 enterprises have been recommended, with a total credit of 730 million yuan and a total loan of 573 million yuan. According to the relevant person in charge of the Finance Bureau of Hefei High-tech Zone, now, relying on the platform of "regional economic brain", the local government has developed a series of application tools such as co-creation vouchers, market exchange, financial supermarkets and policy links for enterprises to provide more convenience.

  In Zhejiang, CITIC Bank launched the "Kechuang e-loan", a credit product of less than 10 million yuan, which was applied and approved online without mortgage; For enterprises with strong scientific and technological attributes, capital operation and listing expectations, credit loans of up to 30 million yuan will be given by adopting the credit card approval model; For the core talents in the management team of science and technology enterprises, a "talent loan" product with talents as the mainstay and supplemented by business and financial judgment will be launched, with a maximum amount of 30 million yuan.

  In Shanghai, Industrial Bank improved its financial service system based on the industrial park, gave full play to the advantages of "firm+investment bank", and provided financial support for small science and technology enterprises in the supply chain and industrial chain. By the end of 2022, there were 26,906 customers in the Industrial Bank Shanghai Branch, an increase of 4,450, accounting for 61%.

  Tian Lihui believes that supporting the innovation and development of start-ups requires continuous innovation of financial products and services. In the future, we should continue to improve technology and finance, supply chain finance, financing guarantee, loan insurance and other different types of products and services to meet the needs of different types of enterprises and provide more abundant financing channels for start-ups.

  Fiscal and tax support and supporting services are in place to reduce the burden for innovation and entrepreneurship.

  Simplify the registration procedures, provide preferential rent, extend the contract period, give entrepreneurship subsidies, technological innovation subsidies, talent introduction subsidies, and introduce a series of preferential tax policies … All measures are taken to reduce the burden on start-ups and support the development of innovation and entrepreneurship.

  Support talent introduction and technical research, and all kinds of subsidies are multi-pronged.

  According to Yong Zhi, general manager of Hefei Zhuohua Intelligent Technology Co., Ltd., the rapid growth of the company is inseparable from financial support.

  "In the early days of the company’s establishment, it was necessary to spend money everywhere to decorate factories, purchase equipment and attract talents. At that time, the pressure of purchasing raw materials was great, and the capital turnover was particularly difficult. Fortunately, as a national high-tech enterprise, it can enjoy financial subsidies. The city gave a subsidy of 130,000 yuan to the research and development expenses of small and medium-sized science and technology enterprises, and a subsidy of 400,000 yuan to high-tech enterprises. These two funds helped us a lot. " Yong Zhi said.

  The talent apartment provided in the area also solved the housing problem of Wei Ankun, the company’s R&D director. After graduation, he stayed in Hefei and moved into a talent apartment. The monthly rent was only in 500 yuan.

  In order to effectively meet the development needs of start-ups, Hefei High-tech Zone has specially issued "Several Policies and Measures for Building a World-leading Science and Technology Park to Further Support Scientific and Technological Innovation", and issued 16 specific support policies in supporting the construction of high-level innovation platforms, supporting the introduction of high-level talent teams, and promoting the transfer and transformation of scientific and technological achievements.

  Tax incentives to encourage the development of entrepreneurial platforms and venture capital enterprises.

  "Our company mainly provides incubation services for technology enterprises. As of August this year, we enjoyed tax concessions including value-added tax, property tax and land use tax of more than 750,000 yuan." The Science and Technology Park built and operated by Yinxing Investment Group Co., Ltd. has a national-level technology business incubator, a municipal-level creative space and a district-level technology business accelerator. Jiang Yuyan, the company’s financial director, said, "The operation and maintenance costs of the incubator are high, and the preferential tax and fee policies have been implemented in time to reduce the operating pressure of enterprises and support us to better serve innovative enterprises. At present, the company has invested in more than 10 start-ups and 85 small and medium-sized enterprises. "

  Recently, the finance and taxation department issued an announcement to continue to implement the tax policies related to science and technology business incubators, university science parks and Zhongchuang Space. Property tax and urban land use tax shall be exempted for national and provincial science and technology business incubators, university science parks and national record creation spaces, as well as for real estate and land provided to incubatees for free or through leasing; The income from providing incubation services to incubating objects shall be exempted from VAT.

  "Actively establishing incubators and accelerator platforms can provide office space, financial support, legal advice, talent introduction and other services for start-ups, and form a professional environment to help start-ups develop and grow better." Tian Lihui believes that the financial system that supports the innovation and development of start-ups should be diversified and multi-level. It is necessary to develop various investment institutions such as angel investment, venture capital and private equity. At the same time, it is necessary for the government, financial institutions and other parties to deepen cooperation and provide start-ups with all-round services and assistance.

  

  Reporter Wang Guan You Yi Wang Pei

It has been announced in many places in the Yangtze River Delta that party and government organs at all levels will take the lead in not checking negative nucleic acid certificates.

  Policies to optimize epidemic prevention and control have been introduced in various places.

  The Paper reporter noted that the Yangtze River Delta region has recently announced many party and government organs at all levels as an example, taking the lead in no longer checking negative nucleic acid certificates.

  According to the news of "Zhejiang Publishing" WeChat WeChat official account on December 17th, the reporter learned from the meeting of the leading group for epidemic prevention and control in COVID-19, Zhejiang Province held on December 17th that the meeting was clear: advocate "don’t do nucleic acid unless necessary, and don’t check the nucleic acid certificate unless necessary".

  Zhejiang said that in addition to nursing homes, welfare homes, nurseries, primary and secondary schools and other places, in order to facilitate the masses to do things, party and government organs, enterprises and institutions at all levels in the province took the lead and no longer checked negative nucleic acid certificates. At the same time, the layout, scale and efficiency of the existing convenient nucleic acid sampling points remain unchanged, which is convenient for people in need to carry out nucleic acid testing.

  Before Zhejiang, Hefei, Wuhu and other places in Anhui had introduced similar policies.

  On the afternoon of December 15th, Yu Aihua, member of the Standing Committee of Anhui Provincial Party Committee and secretary of Hefei Municipal Party Committee, presided over the 139th video conference on epidemic prevention and control in the whole city. Hefei leaders Cheng Xuetao, Shan Hu, Liu Weibao and He Fengyang attended.

  The meeting pointed out that at present, it is necessary to closely focus on serving people with fever symptoms, do a good job in prevention and control, take multiple measures and make preparations, and make every effort to ensure a safe, stable and orderly peak of the epidemic. According to the analysis of relevant experts, "the later the infection time, the smaller the possibility of serious illness." Therefore, the cadres of party member in the whole city should adhere to the duty of guarding the land, be responsible and do their duty, and let the cadres "suffer more" and let the masses "suffer less".

  Among them, it is required to implement "two no inspections". First, for the convenience of citizens, party and government organs, enterprises and institutions at all levels in the city took the lead in not checking negative nucleic acid certificates. Second, in order to facilitate the public to see a doctor and ensure that all kinds of critically ill patients are treated in time, all medical institutions in the city will no longer check negative nucleic acid certificates.

  According to "Wuhu Municipal People’s Government issued" WeChat WeChat official account news, on December 16th, the reporter learned from the Municipal Epidemic Prevention Office that Wuhu continued to optimize epidemic prevention measures. From now on, for the convenience of citizens, party and government organs, enterprises and institutions at all levels in the city will take the lead in not checking negative nucleic acid certificates.

  On December 16th, "Ma ‘anshan Publishing" WeChat WeChat official account also published a message: On December 16th, the reporter learned from the Municipal Epidemic Prevention Office that from now on, party and government organs, enterprises and institutions at all levels in the city will no longer check negative nucleic acid certificates for the convenience of citizens.

Signs of continuous stabilization in the adjustment and transformation of the real estate market appear.

  Reporter Sun Wei

  On March 18th, the National Bureau of Statistics announced the basic situation of the national real estate market. From January to February, the housing construction area of real estate development enterprises was 6,669.02 million square meters, down 11.0% year-on-year; The newly started housing area was 94.29 million square meters, down by 29.7%; The completed housing area was 103.95 million square meters, down by 20.2%. From January to February, the national investment in real estate development was 1,184.2 billion yuan, down 9.0% year-on-year, of which residential investment was 882.3 billion yuan, down 9.7%. Liu Aihua, chief economist of the National Bureau of Statistics, said that the real estate market is still in the process of adjustment and transformation, and the next step is to implement the clear deployment of the real estate industry made by the National People’s Congress and the National People’s Congress, so as to further promote the stable, healthy and high-quality development of the real estate market.

  New home sales fell year-on-year

  Specifically, from January to February, the sales area of newly-built commercial housing was 113.69 million square meters, down 20.5% year-on-year, of which the sales area of residential housing decreased by 24.8%. The sales volume of newly-built commercial housing was 1,056.6 billion yuan, down by 29.3%, of which residential sales decreased by 32.7%. At the end of February, the area of commercial housing for sale was 759.69 million square meters, a year-on-year increase of 15.9%. Among them, the residential area for sale increased by 23.8%.

  Chen Wenjing, director of market research of China Central Finger Research Institute, said in an interview that the decline in new house sales compared with the same period of last year was mainly due to two reasons. First, driven by the centralized release of the backlog of demand for house purchase during the epidemic, new house sales continued to maintain a high scale at the beginning of last year, and the sales area of new houses was at a historical high in January and February last year. Second, during the Spring Festival this year, the holiday is long, and residents have a high enthusiasm for traveling, which has affected the pace of housing demand entering the market to some extent.

  According to the data of the middle finger, from January to February, the transaction area of second-hand residential buildings in key 25 cities decreased by 13.1% year-on-year, which was significantly lower than that of new houses. Chen Wenjing believes that this shows that the second-hand housing market has maintained a certain degree of activity, which shows that the demand for buying houses is still steadily released, and the second-hand housing transactions are active, which is expected to provide more replacement and improvement demand for the new housing market in the future.

  According to Wang Xiaoyu, chief analyst of Zhuge Data Research Center, the performance of the new housing market has been sluggish since the beginning of the year. On the one hand, the supply scale of new houses in January and February this year remained at a historical low; On the other hand, second-hand houses continue to divert the demand for new houses. The second-hand housing market has sufficient housing, and the surrounding facilities of second-hand housing are generally more mature, so it still maintains the trend that the transaction performance of second-hand housing is better than that of new housing. With the arrival of the "Golden Three Silver Four" sales season, the market turnover will usher in an upward trend, but it is estimated that it is difficult to surpass last year’s turnover level.

  The decline in development investment narrowed.

  Judging from the investment in real estate development, there have been some positive changes in the first two months. From January to February, the investment in real estate development decreased by 9.0% year-on-year, which was 0.6 percentage points narrower than that of the previous year.

  Wang Xiaoying said that the decline in investment in real estate development has improved, mainly due to land acquisition. In the beginning of the year, many cities launched high-quality land plots, such as Hangzhou and Beijing, where the market heat is heating up. With the recent reduction of LPR by the central bank and the support of the two sessions for the real estate market, the new model of real estate development will enter a new stage. In March, the market will enter the peak season of Xiaoyangchun, and the decline in real estate development investment will continue to improve.

  Yan Yuejin, research director of Yiju Research Institute, believes that the real estate development investment index has shown a low opening trend, but the overall risk is controllable. There are two positive signals that need attention: First, the year-on-year decline in development investment has narrowed, which means that the shrinking state of development investment last year has been contained, which is a positive signal for the supply side to stabilize; Second, the competitive structure of housing enterprises has been continuously adjusted. At present, enterprises that have the ability to invest in development are healthier and have stronger financial capabilities.

  Good policies help development.

  In 2024, the Central Economic Work Conference and the National People’s Congress put forward clear requirements for optimizing the real estate policy and promoting the stable and healthy development of the real estate market, demanding to adapt to the development trend of new urbanization and the changes in the relationship between supply and demand in the real estate market, accelerate the construction of a new real estate development model, increase the construction and supply of affordable housing, improve the basic system related to commercial housing, and meet the residents’ demand for rigid housing and diversified and improved housing. Liu Aihua said that the implementation of these policies and measures will contribute to the stable, healthy and high-quality development of the real estate market.

  Chen Wenjing thinks. At present, the coordination mechanism of real estate financing in various places has been accelerated, and funds for many projects are in place, which is expected to further repair the market expectations of enterprises and residents. Since March, the effect of the core city policy has continued to appear. The second-hand housing transactions in several cities have reached a high level since the second half of last year, and the sales scale of the new housing market has also rebounded moderately. For example, the recent cancellation of the second-hand housing purchase restriction policy in Hangzhou has further boosted market confidence. In the short term, local demand-side policies are expected to continue to be optimized and adjusted. It is expected that the real estate market activity in core cities will be further enhanced, and the "Xiaoyangchun" market in some cities is still expected.

  Yan Yuejin, research director of Yiju Research Institute, believes that from the actual feedback, the housing transaction market has begun to show signs of stabilization. All localities have a better understanding of housing prices and are willing to further exchange prices for quantity to boost sales data. At the same time, various favorable policies continue to be released, which has begun to be reflected in the volume of house viewing and transaction volume. Judging from the actual transaction situation, the market transactions of some large-sized units are better, indicating that the demand for improved housing is also being actively released.

 

A group of multinational pharmaceutical companies, China’s revenue is open (attached list)

Source | Pharmacy (reproduced by Cybertron) Author | Medicine Circle Tao Ge At present, more than 10 multinational pharmaceutical companies have published 21-year financial reports. The author combed the revenue of multinational pharmaceutical companies in China market. 

According to the disclosure, the revenues of six multinational pharmaceutical companies in China are as follows: 77411644793299324

Source of data: financial report, vertical and horizontal arrangement of pharmaceutical affairs (billion US dollars)

AstraZeneca’s total revenue in 2021 was USD 37.417 billion (including COVID-19 vaccine), up 41% (38% CER) year-on-year; Total revenue excluding vaccines increased by 26% (CER was 23%) to $33.436 billion, and R&D expenditure was $9.736 billion, an increase of 36%. In the fourth quarter of 2021, the total revenue increased by 62% (63% of CER) to $12.011 billion. AZ expects that the total revenue growth in FY22 will be around 15%, and the core earnings per share will increase by 20%. In 2021, AstraZeneca achieved revenue of US$ 6.011 billion, up 12% year-on-year. China District is one of the important sources of AstraZeneca’s revenue. Due to the pressure of price reduction caused by medical insurance negotiation and centralized purchase, AstraZeneca’s growth in China slowed down in 2021 H2, and Q4′ s revenue decreased by 4% year on year. It is predicted that in 2022, the performance of China District may decline in single digits, mainly due to the continuous influence of centralized purchasing and medical insurance. 15381644793299474  

Merck’s revenue in 2021 was US$ 48.704 billion, a year-on-year increase of 17%. Among them, the pharmaceutical business income was 42.754 billion US dollars, up 17% year-on-year; Animal health income was $5.568 billion, up 18% year-on-year. The revenue of K medicine was $17.2 billion, and the cervical cancer vaccine also contributed a lot to the revenue. In addition, the oral COVID-19 drug molnupiravir, which was urgently authorized for use in November last year, sold for 952 million US dollars in more than one month.

411644793299655

Merck China has also become the best performing region in the world in 2021, with a total revenue of US$ 4.262 billion, up 60% year-on-year.

86801644793299711

Roche’s total revenue in 2021 was 62.801 billion Swiss francs (about 67.712 billion US dollars, according to the latest 1 Swiss franc = 10786 US dollars), up 9.3% year-on-year. Among them, the pharmaceutical business income was 45.041 billion Swiss francs, up 3.1% year-on-year, and the diagnostic business was 17.760 billion Swiss francs, up 29.5% year-on-year.

5711644793299762

China’s pharmaceutical business income in 2021 was 3.276 billion Swiss francs (US$ 3.533 billion), accounting for 7.3% of Roche’s global pharmaceutical business income, up 4% year-on-year; Diagnostic business income was 2.43 billion Swiss francs, up 22% year-on-year.

Tumor sector: Avastin (bevacizumab), Herceptin (trastuzumab) and Rituxan (rituximab), Roche’s "third troika", continue to suffer from the strong impact of biological similar drugs, and their income in 2021 decreased by 38%, 37% and 28% respectively, totaling only 7.749 billion Swiss francs.

Tecentriq(+24%%), kadcyla(+16%) and Alecensa(+18) maintained good growth, which was difficult to offset the decline of established products, and the overall tumor business income still declined by 11%.

5521644793299816

Sanofi’s net income in 2021 was 37.761 billion euros (US$ 43 billion), up by 7.1% year-on-year, including 26.970 billion euros (+7.6%) from pharmaceutical business, 6.323 billion euros (+6.8%) from vaccine business and 4.468 billion euros (+4.6%) from consumer health care business.

Sanofi’s pharmaceutical business mainly focuses on immune inflammation, nerves, rare diseases, tumors, and other fields. Dupixent is the core product of Sanofi at present. In 2021, the sales revenue increased by 52.7% year-on-year, and the sales reached 5.249 billion euros.

In June, 2020, it was approved to treat moderate and severe adult atopic dermatitis in China, and it was listed in the 2020 edition of the national medical insurance catalogue. In September, 2021, it was approved to expand the use of atopic dermatitis in adolescents over 12 years old in China.

74951644793299906

In 2021, China’s revenue was 2.72 billion euros (US$ 3.098 billion), up by 7.9% year-on-year, mainly due to the growth of Dupixent and the recovery of Plavix from the influence of volume procurement.

43671644793299962

Novartis’s net sales revenue in 2021 reached 51.626 billion US dollars, up 6% year-on-year. In 2021, the sales revenue of Novartis’ innovative drug sector was USD 42 billion, up by 8% year-on-year. At present, it is composed of Novartis Cancer and Novartis Pharmaceutical.

At present, the diseases covered by pharmaceutical business units mainly include immunization, blood diseases, skin diseases, ophthalmology, nerves, respiratory diseases, cardiovascular diseases, kidney and metabolic diseases and other mature diseases.

55851644793300013

In terms of specific varieties, Cosentyx (Scochizumab) and Entresto (Shakubatrivasartan), a new drug for heart failure, contributed a total of $8.266 billion last year, which is the core drug driving Novartis’ performance growth.

In 2021, the sales revenue in China market was USD 3.052 billion, up by 18% year-on-year, accounting for 6% of Novartis’ total global revenue.

Lilly’s total revenue in 2021 was $28.318 billion, a year-on-year increase of 15%; Among them, China’s revenue was US$ 1.661 billion, up 49% year-on-year, and China’s market revenue in 2020 was US$ 1.117 billion.

36881644793300120

Lilly’s current business mainly focuses on four major diseases: diabetes, tumor, immunity and nerve. The diabetes business has always been Lilly’s dominant and focused direction. Eight products, such as Trulicity (dulaglutide), Humulin (recombinant human insulin), Humalog (insulin lispro) and Jardiance (Engelje), generated revenue of $13.188 billion, accounting for 46.6% of the total revenue. Among them, the sales revenue of the fist product GLP-1 receptor agonist Trulicity reached 6.472 billion US dollars in 2021, and continued to maintain a steady and rapid growth of more than 20%.

References: financial reports of various companies; 1 Swiss franc = $1.0786; 1 Euro =1.1389 USD.

Let the county commerce catch fire: by 2025, the county will basically have chain stores and logistics distribution centers.

By 2025, there will basically be chain stores and logistics distribution centers in counties and counties-
Let the county business fire up.

County commerce will usher in rapid development. On May 19th, the State Council Press Office held a routine briefing on the State Council policy. Wang Bingnan, Vice Minister of Commerce, pointed out at the meeting that during the Tenth Five-Year Plan period, the county-level commercial construction will be implemented, and efforts will be made to establish and improve a rural commercial system with the county as the center, towns as the focus and villages as the foundation, and strive to basically realize the double promotion of farmers’ income and rural consumption in qualified areas by 2025.

Promote the construction of rural commercial system

During the "14th Five-Year Plan" period, the rural circulation work will present "four outstanding"-

Highlight the county as the starting point of work. There are 21,000 towns in China. At present, farmers’ consumption is mainly concentrated in towns. During the "Fourteenth Five-Year Plan" period, the county was regarded as the entry point of rural commerce, including not only the traditional rural areas, but also the towns, in order to adapt to the actual situation of rural circulation and rural consumption, strengthen the central position of the county and give play to the important node function of the towns.

Highlight the two key points of sinking and ascending. Sinking means guiding urban production and circulation enterprises to the countryside, driving new products, new services, new technologies and new ideas to the countryside, and gradually narrowing the consumption gap between urban and rural areas, so that farmers can achieve the same level of consumption environment, the same quality of goods and the same standard of services as cities at their doorsteps. Upward, it is to promote agricultural products to enter the city, establish a closer connection between production and marketing, reduce circulation links, improve circulation efficiency, reduce circulation loss, cultivate agricultural products brands, increase farmers’ income, and let urban consumers obtain agricultural products with better quality and more reasonable prices.

Highlight the modern circulation system. To build a rural commercial system, we should put the quality of development in a prominent position and take the modern rural circulation system as the direction. By promoting informationization, standardization, intensification and standardization, coordinating the construction of software and hardware, filling the shortcomings of rural commerce, changing the backward face of rural commerce, improving the development level of rural commerce, and never engaging in low-level redundant construction and disorderly and unfair competition in rural commerce.

Highlight the double promotion of farmers’ income and rural consumption. Wang Bingnan pointed out that rural circulation connects production and consumption, and the consumption market at the township and village levels accounts for 38% of the total consumption market in China, which has great consumption potential. To improve the modern commercial system in rural areas, it is necessary to increase farmers’ income at the individual level, enhance farmers’ sense of acquisition and happiness, and expand rural consumption at the macro level to form a strong domestic market.

Improve farmers’ consumption ability

In recent years, with the steady improvement of farmers’ income level, the scale of rural consumption has been driven. In 2020, the retail sales of rural consumer goods reached 5.3 trillion yuan, an increase of 26.1% over 2015, which was faster than that of cities and towns for eight consecutive years. The trend of rural consumption upgrading is obvious. In 2020, the per capita consumption expenditure of education, culture, entertainment, transportation, communication and medical security of rural residents will increase by 35.1%, 58.3% and 67.6% respectively compared with 2015.

Liu Decheng, director of the Department of Circulation Development of the Ministry of Commerce, said that in the future, it will continue to increase farmers’ income, improve farmers’ spending power, and give farmers more sense of acquisition and happiness.

Improve the backbone network of agricultural products circulation. Based on the main producing areas, distribution centers and sales areas of agricultural products, we will improve the level of facilities construction and service functions in the primary processing, wholesale and retail of producing areas, promote the effective connection of circulation nodes, and improve the cross-regional production and marketing chain. Identify a number of national backbone agricultural products wholesale markets and backbone circulation enterprises to promote information interconnection and facilities sharing in all aspects of agricultural products production, transportation, warehousing and consumption, and enhance the level of agricultural products circulation serving agriculture.

Expand the coverage of e-commerce in rural areas. Strengthen the overall planning ability of county-level e-commerce public service centers, provide market development, resource docking and other services for e-commerce enterprises, family farms, farmers’ cooperatives and other subjects, and enhance the upward ability of e-commerce services for agricultural products. Reduce rural logistics costs, support postal services, express delivery, logistics, trade and circulation enterprises to carry out market-oriented cooperation, realize unified warehousing, sorting, transportation, distribution and collection, and actively develop unified warehousing and distribution.

Improve the commercialization processing capacity of agricultural products. Accelerate the filling of shortcomings in cold chain facilities of agricultural products, strengthen the cultivation of agricultural products brands, expand and extend the industrial chain, upgrade the value chain, and better promote the effective docking between small farmers and the big market.

Strengthen the long-term mechanism of production and marketing docking. Guide agricultural products circulation enterprises and new agricultural business entities to achieve accurate docking through the development of order agriculture, integration of production and marketing, equity cooperation and other modes. Organize various forms of production and marketing docking activities, encourage all localities to play the role of cooperation between the east and the west, counterpart support, county-enterprise cooperation and other mechanisms, and promote docking resources to focus on helping counties and poverty-stricken areas in rural revitalization.

Improve the rural consumption environment

Wang Bingnan introduced that there is an imbalance between urban and rural development in the current rural commercial field, which is manifested in the low level of rural commercial facilities, low quality of goods and services and poor market order. There are not only market reasons such as low willingness of market participants to enter rural areas, but also institutional factors such as weak supervision. In the next step, we will focus on upgrading in four aspects to greatly improve the rural consumption environment.

Facilities upgrade. In the county, we will focus on upgrading a number of comprehensive business service centers and logistics distribution centers to strengthen the county’s comprehensive business service capabilities. In towns and villages, we will focus on upgrading a number of business centers in towns and villages, increase life service functions, and promote the integration of shopping, entertainment and leisure. In the village, a number of "husband and wife shops" will be transformed and upgraded into new chain convenience stores, and businesses such as express delivery and distribution of agricultural products will be encouraged to be enriched according to local conditions.

Upgrade of goods and services. It is necessary to guide urban production and circulation enterprises to enter the rural market, extend the marketing network to the countryside, develop goods and services suitable for the rural market, and promote the upgrading. At the same time, we will develop rural tourism, folk customs, characteristic culture, leisure agriculture and other services to promote the integrated development of rural business travel, entertainment and sports.

Mode upgrading, namely "transformation" and "integration". Transformation is digital and intelligent transformation. On the one hand, we should vigorously develop rural e-commerce, further expand the coverage of rural e-commerce, focus on solving the "last mile" problem of rural online shopping, and strive to achieve full coverage of express outlets in all administrative villages in 3-5 years. On the other hand, it is necessary to promote traditional rural commercial enterprises to apply modern information technology on a large scale and upgrade their software and hardware. Convergence, that is, to promote the development of cross-border integration in function, and to superimpose functions such as "business+life service" to realize multi-function and multi-purpose in one network.

Regulatory upgrade. During the "Fourteenth Five-Year Plan" period, we will give priority to standardizing the rural market order and strengthening market supervision, improve the linkage mechanism between urban and rural areas, strengthen source management, and severely crack down on illegal business practices such as the production and operation of fake and shoddy goods in rural areas. (Reporter Xu Peiyu)

"Journey of Zhou" Jay Chou breaks the inherent "routine" of travel and is praised by netizens

Recently, the new global outdoor life and cultural reality show "Zhou’s Travels", which was broadcast exclusively by Kuaishou, aired the tenth "unspeakable secret" theme trip on Zhejiang Satellite TV. In this issue, Jay Chou, Du Guozhang and Chen Guanlin ventured into Europe, not only harvesting an artistic music tour in Vienna, but also exploring the "wallpaper-level" natural beauty in Innsbruck. Some viewers sighed: "The artistic atmosphere and natural scenery are very good. After watching this issue, I planted grass for a trip to Europe!"

Music, beautiful scenery

Jay Chou casually opens a new way of traveling in Europe

I don’t know when it started, travel has gradually become a mechanical activity of "queuing for two hours and clocking in for five minutes", missing a lot of unknown fun and adventure. This time, Jay Chou started a real adventure with a casual mentality of "no setting and no script", making travel a truly relaxing and meaningful thing. After the broadcast of the program, it won the first place in the same period with a new rating of 1.329. As of now, #Zhou Travels ##Jay Chou buys clothes for Xiao Zhou ##Jay Chou panting is too funny #and other keywords have swiped the screen Weibo’s trending topic list, Weibo variety show hit Hourly Ranking, bone heat variety list, Yunhe data variety show hot search heat, etc. are also on the list, among which the cat’s eye online broadcast heat variety list has won the second best result.

In the program, Jay Chou, Du Guozhang, and Chen Guanlin wandered from the Golden Hall to famous Vienna landmarks such as Mozart’s former residence and the Hofburg Palace. The rich artistic and cultural atmosphere came to the audience, allowing the audience to feel the charm of ancient European culture through the screen. At the Hofburg Palace, Jay Chou even encountered a fan guide. At the scene, fans explained the architectural history to Jay Chou intimately, and shared their joy of successfully proposing with Jay Chou’s song. Many viewers said: "I like this kind of casual travel, and sometimes there are surprises without purpose."

Under the recommendation of fans, Jay Chou also went to the "Kingdom of Ice and Snow" Innsbruck to explore the natural beauty. In order to overlook the most beautiful "wonderland" in the small town, Jay Chou walked for two hours, and his breathless appearance caused the audience to burst into laughter, shouting: "It’s too hard." And the charming scenery like a fairy tale world amazed the audience: "I’m crying, and it’s a wallpaper-level scenery." In addition, the three brothers who can’t ski also unlocked a new way of "pure appreciation" clock in Innsbruck ski resort. Some viewers left a message: "Who said that snow mountains must be skied, and it is also a good experience to feel the artistic conception here!"

Play the piano, magic at your fingertips

Jay Chou uses his talents to add travel surprises

As the initiator of "J-Style Journey", Jay Chou is also in the process of exploring the world, bringing unlimited surprises and joy to the audience. This time, when he came to Vienna, the "capital of music", Jay Chou gave a wonderful piano performance and magic performance in a gallery. In Jay Chou’s opinion, magic and music are actually the best languages in the process of communicating with international friends, and can even achieve a barrier-free "thought exchange" mode. After the program was broadcast, Jay Chou’s view was supported by netizens. Some people said: "Artistic surprises have no borders, give Jay this special way of communication 10,086 likes!"

In the show, Jay Chou showed off his piano skills, which attracted the amazement of the gallery director. In the "secret garden" of the gallery, Jay Chou successfully attracted fans with a close-up magic show. At the scene, Jay Chou’s fingers gently slipped over the painting, and a withered rose immediately came to life, which was taken out of the painting by Jay Chou. The magic show beyond imagination instantly captured the hearts of the children. In addition, Jay Chou’s performance of laying flowers for the melancholy girl in the gallery was even more stunning, and the audience was amazed: "The reaction of the children is the most real. It seems that Jay’s magic is really good."

After the end of the adventure and surprise trip to Europe, what kind of journey will Jay Chou and his old friends usher in in the next issue? Please look forward to the 11th issue of "Zhou’s Travels" broadcast on Zhejiang Satellite TV at 22:00 on June 6 (Saturday).

Deep Web | From Hundred Regiments War, takeaway competition to present on all major platforms, how Meituan has gone through these 8 years?

  Founded in 2010, Meituan finally knocked on the door of IPO after eight years. On June 22, Meituan submitted a listing application to the Hong Kong Stock Exchange. If the IPO is successful, Meituan will become the largest listed company in the O2O field in history.

  According to the Meituan prospectus disclosed by the Hong Kong Stock Exchange today, the number of transactions completed by the company’s platform in 2017 exceeded 5.80 billion, and the transaction volume reached 357 billion yuan. The operating income from 2015 to 2017 was 4 billion yuan, 13 billion yuan and 33.90 billion yuan respectively, an increase of 223.2% and 161.2% respectively year-on-year, and the income increased by more than seven times in three years. Meituan’s adjusted net loss continued to narrow, from – 5.90 billion yuan in 2015 to – 5.40 billion yuan in 2016, and further narrowed to – 2.85 billion yuan in 2017, and the loss was halved within three years.

  Among the many start-up companies in the O2O field, Meituan should be regarded as a lucky "outlier". From imitating Groupon’s group buying business earlier, to expanding its business scope with the Amazon model as a reference in the later stage, Meituan has been reclassified into the team of Internet Tech Giants.

  Make another Meituan

  Meituan’s most recent financing was in October 2017, when it received a $4 billion round of F financing led by Tencent, with a post-money valuation of $30 billion. If calculated at the valuation of $60 billion listed on the market, it means that Meituan’s valuation has doubled in less than a year.

  In the past few years, Meituan has shown extremely strong ambitions in its field and has become a force to be reckoned with on China’s internet landscape.

  Starting from group buying, but not ending with group buying. Meituan has its own logic and considerations, starting from a single group buying business and gradually expanding to local life service related fields including Internet takeout, online travel, fresh food e-commerce, online car-hailing, shared bicycles, etc.

  2015 was an important watershed since Meituan was established. At that time, it completed the acquisition with Dianping, which enriched Dianping’s store-to-store service in addition to the original group buying and takeaway business. It was a year when Meituan focused on building a platform and an ecosystem. After winning the war in the era of group buying and O2O, Meituan began to open up a new battlefield.

  The intensive organizational restructuring witnessed the expansion of Meituan’s size.

  In 2015, Meituan established a total of four business groups, including the takeaway delivery business group, the hotel tourism business group, and the store business group, and established a wholly-owned subsidiary, Maoyan Culture Media Co., Ltd. (later spun off and acquired by Guangguang Media).

  The latest adjustment is after the completion of 4 billion US dollars financing in December last year, Meituan will build a new store business group, large retail business group, hotel tourism business group and travel business unit four business systems, and establish Strategy and Investment platform.

  "Looking to the future, the opportunities and challenges are great," said Wang Xing, Meituan’s chief executive, in an internal email at the time. The opportunity is that the new business will hopefully help Meituan achieve faster growth, but at the same time, the challenges from peer competitors should not be underestimated.

  According to the prospectus, Meituan has maintained partnerships with approximately 339,200 hotels in China as of December 31, 2017. In 2017, the number of domestic hotel room nights booked on Meituan’s platform totaled about 205 million, an increase of 56% over 2016, and set a record for 1.57 million domestic hotel room nights in a single day.

  Online domestic attractions and excursion package booking service, as of December 31, 2017, Meituan covers about 330 cities and about 16,500 attractions across the country. Meituan provides consumers with a convenient, safe and cheap way to buy national attractions and excursion packages. In 2017, Meituan sold approximately 97 million domestic attraction tickets.

  In terms of numbers, Meituan’s wine travel business has ample confidence to fight against Ctrip, and it has also begun to attack Ctrip’s core business, high-star hotels.

  Not only the wine travel industry. Since February last year, Meituan has been operating a low-key online car-hailing business in Nanjing. At 0:00 on March 21, 2018, Meituan took a taxi and officially landed in Shanghai. At about 22:00 that night, Meituan announced that Shanghai had completed the first day of breaking through 150,000 orders. Obviously, Meituan extended its competitive tentacles to the Internet travel giant Didi, and caused the latter to respond violently.

  These later diversified businesses provided Meituan with sufficient foundation to enhance its own value.

  Benchmarking Amazon, but more than that

  While bringing innovation impetus to the industry, Meituan is also inevitably involved in multi-dimensional chaos.

  This is not unrelated to the ultimate goal of Wang Xing and Meituan. A person close to Meituan’s senior management once revealed Wang Xing’s thinking to "Deep Web": Wang Xing’s strategic thinking and goal has always been to be a super platform for life services, and new businesses including taxi-hailing are in line with such strategic goals in his opinion. In this way, it can not only acquire more new traffic for the super platform by continuously launching new businesses, but also find more channels to monetize the huge users and traffic gathered by the super platform, so as to continuously enhance Meituan’s value and valuation.

  Mr. Wang has mentioned Amazon on many occasions and it is often compared to the tech giant, but Meituan does not seem content to stop at the Chinese version of Amazon.

  In an interview with The Information, a Silicon Valley technology news outlet, Mr. Wang said: "Users can buy a lot of things on Amazon or Taobao, but both are just e-commerce platforms for physical goods, while Meituan is an e-commerce platform for services." He added, "What kind of e-commerce platform can have millions or even billions of transactions?"

  In fact, in the past year, 320 million users have made at least one purchase on Meituan. Meituan says that about 90% of user traffic comes from its own app, which greatly reduces the cost of users trying new services.

  Meituan is not satisfied with this. It has bigger ambitions. Wang Xing believes that Meituan will serve the middle class 650 million China in the future, and smartphones are almost all ubiquitous among this group.

  Among all Meituan’s businesses, high-frequency takeaway business is the core of the core, and Meituan’s "let everyone eat better and live better" just illustrates this point.

  The prospectus disclosed that Meituan’s takeaway transaction volume in 2017 was 171 billion yuan, and Meituan’s transaction volume in 2017 reached 357 billion yuan, which means that the takeaway business accounted for 47.8% of Meituan’s overall transaction volume.

  In May this year, Meituan Takeaway announced that it completed more than 20 million orders per day, becoming the first takeaway platform in the world to reach such a scale. Looking back at past data, Meituan Takeaway has reached 10 million daily orders in more than 3 years since its establishment, and it took just one year to break through 20 million daily orders.

  Compete with the giants

  While food delivery data is growing wildly, Meituan’s competitors in the food delivery market are also escalating.

  Since the establishment of Meituan takeaway, the takeaway market has evolved a new pattern with new retail as the core. If it was a one-on-one showdown between Meituan and Ele.me before, then after Ali acquired Ele.me at the beginning of this year, Meituan needs to face the coordinated battle between Ele.me, Baidu takeaway, word-of-mouth and Ali.

  In dealing with the relationship with Ali, Wang Xing is very firm, and he even publicly pointed out the dispute with Ali: "The reason why it sold our old shares last year was to interfere with our financing. If you are not optimistic about this company, you can just sell it out. We have already helped them find a buyer. But he refused to sell it out. He must keep some, maybe in order to continue to cause us some trouble in the future."

  According to iResearch, Meituan was the world’s largest food delivery service provider in 2017, with its market share in China increasing from 31.7% in 2015 to 56% in 2017 and 59.1% in Quarter 1 of 2018.

  The difference is that Meituan is heading in a completely different direction from Ele.me, with diverse coverage centering on local services.

  On the one hand, there is Ele.me, the earliest player in the takeaway market, and on the other hand, Meituan, who is backed by Tencent and the late mover, will eventually become a player in the harvest market. It is still a question in the short term. However, it is foreseeable that Ali, who is up the ante layout of new retail, and Meituan, who has just established a new retail business group, are bound to ignite the war again.

  In the new travel war, Meitu also started a listing race with Didi. According to the "Hong Kong Economic Daily" report, Didi will start listing as soon as the second half of this year, initially decided to settle in Hong Kong, China, and consider different listing structures, not excluding the listing of the same shares and different rights. It is expected that the market value of Didi will reach 70 billion – 80 billion US dollars when it goes public.

  Obviously, Meituan has taken the starting line one step earlier than Didi, but it remains doubtful whether it can shake up Didi, the transportation giant.

  potential threat

  Wang Xing’s goal of unlimited boundaries has allowed Meituan to step into some of the most expensive battlefields of the Chinese internet in a short period of time. But when it tries to raise more capital from domestic investors to expand its business, it has few options.

  The Information reported in early June this year that Wang Xing had approached SoftBank for a capital injection, but was unsuccessful. Meituan had also intended to raise $3 billion from the Private Offering Fund at a valuation of $40 billion. Meituan later denied the news.

  Meituan’s earnings pressure cannot be ignored. Although other businesses other than food delivery have achieved overall profitability, with the competition in the food delivery market "three into two" and the competition with Didi in the travel field, Meituan still needs a lot of capital investment.

  According to the prospectus, Meituan’s adjusted net loss fell from 5.90 billion yuan in 2015 to 5.40 billion yuan in 2016, and fell to 2.85 billion yuan in 2017, halving the loss within three years.

  In addition, the travel business is also the source of Meituan’s cost. Although it has experienced many close battles in the group buying and takeaway markets and achieved good results, Meituan is undoubtedly a new recruit in the travel industry, and there are still many variables in whether it can achieve a turnaround against the wind. Investment subsidies are obviously the best way to quickly gain market share.

  According to the "deep net", Meituan taxi in Nanjing on the line when the single subsidy is about 20 yuan, if according to its announced in December 2017 the daily order volume exceeds 100,000 single calculation, its subsidy in Nanjing only one day reached 2 million.

  36Kr also revealed the power of Meituan taxi investment, including Beijing and other cities on the line of taxi business, the company prepared 1 billion dollars (about 6.30 billion yuan), and not capped.

  Meituan acquired Mobike in April for a total price of $3.70 billion, including 65% cash, 35% Meituan stock, and assumed Mobike’s debt between $500 million – $1 billion.

  In an interview with foreign media, Wang Xing said, "In the past few years, we have been working hard to ensure that the company is always ready to go public at any time." In addition to financial considerations, another impetus for Meituan’s listing came from the many investors behind it. Data show that Meituan has raised a total of 8.30 billion US dollars since its establishment, and investors have reached the moment to reap the rewards.

  In the eight years since its establishment, Meituan has experienced many variables in the market, and it can be said that it has come to this day through thorns. However, going public is obviously not the end of Meituan, and a competition with giants has really begun.

With excellent product strength and innovative technology leading, the new M7 in the world explodes the large SUV market!

   Since the rise of new energy vehicles, the performance in the market has been very good, and the sales volume is also on the rise, among which the newly listed new M7 is particularly eye-catching. Since the appearance of Chengdu Auto Show, it has attracted a lot of attention and been deeply loved by users. After its recent listing, it has set off a wave of buying craze, with a total of over 20,000 units, and the sales volume of Mid-Autumn Festival reached 2,400+in a single day and 2,600+on the 30th, which continued to detonate the large SUV market. So what are the advantages of this car that can be loved by so many consumers? Let’s talk about it today.

  Huawei HarmonyOS cockpit system was introduced to detonate the market segment.

  The new M7 is an SUV with high configuration, which introduces Huawei’s HarmonyOS cockpit system, bringing automotive technology and intelligence to a new level. HarmonyOS’s smart cockpit is smoother and more fun, and the super desktop brings more mobile phone applications. Huawei Maglink Huawei’s in-vehicle smart screen system has developed a new way to play space scenes. Huawei’s MatePad tablet is connected immediately, realizing multi-device linkage, and the smart cockpit is changed into a personal workshop, a multi-person conference room and a children’s study, and the magic space is flexibly switched to create "mobile whole house intelligence", which not only improves the convenience and entertainment of driving and riding, but also walks in the smart technology.


  Oversized space brings home-like warmth.

  The new M7 is also a quality SUV with large space and good comfort. It has the leading effective interior space at the same level, with a length of 3338mm, and each seat is spacious. Enjoy six new zero-gravity seats, bringing the ultimate comfort and relaxation experience. The big five seats come standard with brand-new "cotton candy" seats, with 10 layers of comfortable laminated design and a total foam thickness of 100mm; The ventilation, heating and massage functions of four seats are standard, making each seat as comfortable as first class. In addition, the new M7 Building in Wenjie is also equipped with leading and comfortable configurations, such as front and rear double air-conditioning boxes, 17 air-conditioning outlets, rear air-conditioning touch screen, and fully automatic electric pedal, which can bring home-like warmth for both family travel and business applications.


  Active and passive double insurance, double super safety and more reliable.

  The most striking thing is the safety equipment of this car. The so-called passive safety is not afraid of accidents, active safety avoids accidents, and physical safety and intelligent safety are double insurance. Probably, only the new M7 in the world has done it, and it has done an excellent job. In the aspect of passive safety, it is safer and more reliable to match the new M7 body structure and open the mold and rebuild the welding production line. The submarine-grade thermoformed steel accounts for 24.4%, high-strength steel and aluminum alloy account for 80.6%, which is better than the mainstream models of 500,000 luxury brands currently on sale. At the same time, CBS(Composite Body Solutions) composite body material is introduced to effectively improve the body stiffness and collision safety. In addition, the new car comes standard with eight airbags and front double pre-tensioned seat belts, which provide users with all-round driving safety based on more real-life scene verification.

  In terms of active safety, the new M7 in the world has also achieved the goal of not being afraid of things and being more able to avoid them. 360-degree fusion perception is the strength of Huawei ADS 2.0, which makes a qualitative leap in the active safety capability of the new M7, bringing the industry’s first "omni-directional anti-collision system". In case of forward, lateral and backward collision risks, emergency braking or directional intervention can be made to avoid or reduce the collision risks.

  The power output is stable, which brings excellent handling performance.

  As for performance, the new M7 has also achieved stable power output and comfortable driving experience. In addition, the optimization of suspension system and the improvement of vehicle stability make the new M7 in the world also perform well in handling performance. Coupled with the HUAWEI DriveONE extended-range electric drive platform, the four-wheel drive version has an acceleration of only 4.8 seconds, and the CLTC has a comprehensive battery life of 1300km, and the data performance is also excellent enough.


  Generally speaking, the new M7 is equipped with Huawei’s HarmonyOS cockpit system, which provides a better intelligent technology experience. In addition, it has spacious interior space, comfortable driving experience and excellent performance, so it is undoubtedly a model worth looking forward to. Moreover, from its sales performance, it has won the full recognition of the market and consumers by virtue of its excellent product strength and innovative technology. In the first sales period, we decided to ask for a new M7, that is, to give away the rights and interests worth 33,000 yuan. Consumers are welcome to make an appointment for a test drive to the store.

Krypton 001 FR, the strongest pure electrode on the surface, is on the market, and the price starts at 769,000 yuan.

  [October 27, 2023, Beijing] Today, Extreme Krypton Intelligent Technology officially released the pure electric hunting super run — — Krypton 001 FR, the official retail price starts at 76.9 yuan. Extreme Krypton 001 FR combines the performance of tens of millions of super-running, the extreme safety of "highway", the luxury and comfort of executive cars, the ability of off-road SUVs to get rid of difficulties, as well as the top intelligent cockpit and intelligent driving experience, the driving ability of F1 world champions, and the car satellite phone that never loses contact, which subverts the limits of traditional super-running and brings users real super-running in the era of intelligent electric power.

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  Pure electric hunting super running pole Krypton 001 FR official retail price

  Users who decide before December 31st can not only enjoy the six-year or 150,000-kilometer vehicle warranty, three-power lifetime warranty, free data flow, free road rescue during the warranty period, and free 7kW smart home pile-filling package (50 meters), but also get a "Raikkonen model" worth 60,000 yuan, with the same adjustment and driving experience as the "F1 champion".

  Extreme performance continues to evolve, with an acceleration of 2.02 seconds and a maximum horsepower of 1300 horses.

  Since its debut, Krypton 001 FR has been launched with five core technologies in global mass production: the four-motor distributed electric drive launched in global mass production, the world’s first ZVC four-wheel torque vector control, the world’s first "dragonfly structure" middle-section integrated die casting, the world’s first 8295 intelligent cockpit computing platform and the world’s first mass production satellite communication technology, making it the strongest pure electricity on the surface in the era of intelligent electric power.

  In just over a month, Krypton 001 FR once again subverted the limit and continued to evolve. Extreme krypton’s pursuit of the ultimate makes its acceleration from 2.07 seconds to 2.02 seconds, and it only takes 6.29 seconds to accelerate from 0 to 200km/h, which is more than half a second ahead of the tens of millions of super-runs. Under the continuous adjustment of the engineering team, the 001 FR has added a special "ejection mode", which makes its starting time 0.02 seconds faster than the normal acceleration. With it, the 001 FR straight-line racing can always be one step ahead of others.

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  The 0-200km/h acceleration of Krypton 001 FR takes only 6.29 seconds.

  The intelligent drive evolution of Krypton 001 FR is not only an instantaneous explosion, but also a full-range high-energy power output. The "overclocking mode" developed by Krypton for 001 FR turns the "nitrogen acceleration" function in racing games into reality, making the maximum horsepower burst instantly. The power of overclocking mode is increased by 10% compared with that of standard mode at high speed, and it can be started at any time of acceleration, so that the extreme krypton 001 FR can maintain a strong explosive force during the whole acceleration, whether it is cornering acceleration or overtaking straight. After the overclocking mode was started in "Raikkonen mode", the maximum horsepower of Krypton 001 FR was also increased from 1,265 at the time of debut to an astonishing 1,300.

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  Relying on Raikkonen mode and overclocking mode, Krypton 001 FR racing shows full-range high energy.

  Behind the extreme performance of Krypton 001 FR is the core technology of Krypton high-efficiency hard core. Extreme Krypton 001 FR is equipped with the world’s first mass-produced 800V high-voltage system of silicon carbide, and each motor is equipped with a silicon carbide electronic control module separately, which is stable, efficient and accurate in control. The combined output power of the four motors can reach up to 956kW, matching with the leading performance of 100kWh Kirin battery, and the maximum charging rate can reach 4C. It only takes 15 minutes to charge the battery from 10% to 80%. The discharge power of krypton 001 FR battery reaches megawatt level. At the same time, the "straight waterfall oil cooling technology" is used to dissipate heat for the motor, and the PTM 2.0 global thermal management system is used to dissipate heat for the battery. The powerful thermal management system allows the peak power of krypton 001 FR to be continuously output for 12 times without attenuation. After 8 consecutive times of uninterrupted acceleration from 0 to 100km/h, and then braking to 0, the internal temperature of the battery only increased by 3.6 degrees during the vehicle test.

  It is not only the temperature, but also the strength of the Krypton 001 FR intelligent electric drive that keeps stable. Krypton uses a 249-meter-long high-strength carbon fiber material to cover the motor rotor, which is covered with 15 layers. The sleeve is only 1.1 mm thick and weighs only 88 grams. It can withstand more than 16 tons of tension at the highest speed. This is also the reason why the maximum speed of the rear double motor of Krypton 001 FR exceeds 20,000 rpm, and its high-speed performance can still explode to the maximum speed.

  Extreme safety is the strongest confidence on the surface, delivering 160 thousand, the only zero spontaneous combustion in the industry

  Delivered more than 160,000 units, the only zero spontaneous combustion record in the industry, and the safety limit of electric vehicles has been constantly refreshed. Safety is the core gene of krypton, and krypton safety is the foundation of extreme performance of krypton 001 FR. Extreme Krypton 001 FR has been specially upgraded on the basis of the technology of "Road Tankryon". In addition to the 720-degree omni-directional safety armor, the middle part of the body of Extreme Krypton 001 FR adopts the world’s first "dragonfly structure" middle-section integrated die casting, and the entire aluminum rear body is also manufactured by the world’s original "four-section" rear-end integrated die casting process to minimize the impact on the battery pack during collision. Inside the battery, Krypton 001 FR adopts the world’s first double-large-face liquid cooling technology, and the heat exchange area is four times larger than that of the traditional liquid-cooled battery pack at the bottom, which realizes the integration of three functions: cooling, heat insulation and structural strengthening, and adds code layer by layer to effectively eliminate fire hazards.

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  Extreme krypton safety comprehensive advanced

  "Not afraid of collision and not catching fire" is only the basis of extreme krypton safety, and excellent control is the core of extreme krypton 001 FR safety. Relying on ZVC four-wheel torque vector control, Krypton 001 FR can not only realize the tank turning without picking the road, but also realize the high-speed turning of the track. In the track test, the speed of Bugatti crossing S-bend on dry ground is 80km/h; Sprinkling water in the same bend, extremely Krypton 001 FR can cross the S-bend at a high speed of 80km/h, with stable body and precise control. Based on this, Krypton has also brought the much-anticipated "drift mode", so that drivers can enjoy the exciting high-speed drift and cornering experience.

  Excellent performance under extreme dynamics benefits from the perfect cooperation of top software and hardware. Krypton 001 FR has the world’s largest carbon fiber roof, which is 1.46m long and 1.16m wide, and weighs only 6.5kg, which is 65% lighter than the traditional glass roof and 67% stronger. In addition, the front lip, side skirt, tail and diffuser of Krypton 001 FR are all made of carbon fiber aerodynamic kits, which can reduce the overall weight by more than 17kg and increase the downforce by 178kg when the vehicle is driving at high speed. With the strong grip brought by high-performance tires with narrow front and wide back at the track level, you can always maintain the best "flying on the ground" posture no matter how fast you are. KW, the world’s top shock absorber brand, customized the shock absorber for the original factory of Krypton 001 FR, so that the vehicle can perfectly match different track characteristics and different driving styles, bringing a more pure dynamic texture. The original factory comes standard with AP Racing 10-piston forged aluminum brake calipers and racing car’s exclusive oversize Brembo carbon ceramic perforated brake disc, so that polar krypton 001 FR rushes into the two-second club, while the braking distance of 100-0km/h is only 33.4 meters, even if it is driven fiercely for a long time, it can maintain the best braking state.

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  Excellent control is the core of kryptonian security.

  The global evolution Raikkonen model allows you to have the same driving experience as the F1 champion.

  The evolution of krypton is always inseparable from the co-creation of users, and the evolution of krypton 001 FR ushered in the help of F1 world champion kimi raikkonen. As the first European car owner and the chief performance consultant of Krypton 001 FR, kimi raikkonen participated in the development and adjustment process of Krypton 001 FR, and constantly tapped the great potential of this performance beast. At the press conference, An Conghui, CEO of Extreme Smart Technology, and kimi raikkonen jointly started, and the world’s first world champion who used intelligent algorithms to write in the car — — Raikkonen model copies the experience and ability of F1 champion to all owners of Krypton 001 FR.

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  The experience and technology of F1 world champion Raikkonen will be perfectly integrated into krypton intelligent drive.

  The rich track experience and skillful skills of F1 world champion are perfectly integrated into the intelligent drive system. Raikkonen mode not only brings the maximum horsepower increase of 1,300 horses to Krypton 001 FR, but also makes exclusive customized adjustments to nine parameters of Krypton 001 FR, giving users a real chance to have the same driving experience as F1 champion. The new model will be officially launched by OTA in the first quarter of next year after the winter test. In the future, the evolution of the extremely krypton intelligent drive system will also empower all extremely krypton 001 models to achieve advanced performance.

  The 8295 intelligent cockpit computing platform, which was first launched and delivered in the global mass production of extreme intelligence.

  As a hard-core technology-driven company, Krypton has the ultimate pursuit for every product. Extreme Krypton 001 FR not only has the ultimate safety and performance, but also completely subverts the industry’s cognition of super-running and high-performance vehicles. Extreme Krypton 001 FR is the first in global mass production and the first to deliver the 8295 intelligent cockpit computing platform, which is 2.2 times more powerful than the 8155 computing platform, and the graphics and video processing capacity is 2.7 times higher. Based on the 8295 computing platform, Krypton has created an exclusive intelligent space for pure electric supercar for 001 FR.

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  Krypton created the world’s first exclusive intelligent space for pure electric supercar for 001 FR.

  The intelligent follow-up seat solves the problem that the traditional bucket racing seat sacrifices comfort for performance. Daily driving can provide 10 points and 6 massage functions, and the comfort is full. When driving fiercely, the seat will respond dynamically within 0.1 second according to the vehicle dynamics, increasing the lateral support of the waist and legs, so that the driver can realize the integration of people and vehicles in the most comfortable sitting position. In addition, Extreme Krypton 001 FR will also be equipped with a brand-new 2.5K flexible OLED central control panel, 35.5-inch super-large imaging HUD, competitive style instruments and atmosphere lights as standard; There is also the top Yamaha stereo, with a rated power of 2400 watts and 28 speakers in the whole car, so that each seat is 7.1.4-channel surround sound. Top-level full-featured attributes also satisfy the passion of track driving and the comfort of street commuting.

  In addition to hardware, there is also a comprehensive upgrade of software. The full digital capability of the krypton intelligent drive system opens all the performance parameters of the krypton 001 FR. Extreme Krypton 001 FR matches the first built-in professional track APP in the history, which can make all four categories of performance parameters open, each item can be adjusted by more than 10 gears, and there are more than 13,000 custom driving styles. In addition, this track APP also has a perfect video recording function, which can perfectly restore the driver’s driving performance on the track and easily share it with other riders. It is a real track dating artifact.

  In terms of intelligent driving that users pay attention to, Extreme Krypton 001 FR is also an intelligent pure electric supercar that can be equipped with laser radar, and has intelligent driving ability covering the whole scene of cities and high speed. Lu Yu extreme weather, strong perception can still better identify road conditions, both safe and worry-free. Even if we drive to no man’s land, the vehicle-mounted satellite communication technology, which was launched in the global mass production of Krypton 001 FR, can escort users and make safety never lose contact.

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  Krypton 001 FR is an intelligent pure electric supercar that can be equipped with laser radar.

  Embracing the era of users, polar krypton provides sufficient choice space for car owners. All car owners of polar krypton 001 FR will have two kinds of car roofs for free: if you want to be extremely pure, you can choose the world’s largest carbon fiber car roof; If you want to be intelligent and advanced, you can choose lidar+intelligent light roof. No matter which roof you choose, the ZAD fully intelligent driver assistance system will be standard on the Krypton 001 FR, which will bring users an unprecedented leading intelligent experience in super-running.

  Let the face value of hunting clothes, the performance of super-running, the comfort of cars, the space and ability of getting rid of difficulties of SUVs, and the top-level intelligent experience be met at the same time in one car. Get on the track, get off the street, and even pursue poetry and distance. Extreme Krypton 001 FR will be an all-round pure electric hunting supercar covering all road conditions and scenes.

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  Full road condition, full scene, all-round pure electric hunting super run

  Eight hard-core technologies were launched in the global mass production, and six performance parameters ranked first in the global mass production, with over 100 luxury configurations as standard. Extremely, 001 FR once again subverted the tradition and opened the era of intelligent electric supercar. Whether it’s hunting coupe or hunting supercar, Krypton has always evolved in the spirit of pursuing the ultimate, setting a real value benchmark for users.

  -End-

Beij is facing that most complicate and severe prevention and control situation since the COVID-19 epidemic.

CCTV News:On November 21st, the Information Office of Beijing Municipal Government held the 420th routine press conference on epidemic prevention and control to inform the latest situation. At the meeting, Liu Xiaofeng, deputy director of the Municipal Center for Disease Control and Prevention, introduced that the current epidemic situation in this city continues to be at a high level, showing a rapid upward trend, with obvious regional differences. This city is facing the most complicated and severe prevention and control situation since the outbreak of the COVID-19 epidemic, and is at the most critical and tight moment. We should further understand the situation, unify our thinking, unswervingly implement the general strategy of "external defense input, internal defense rebound" and the general policy of "dynamic zero clearing", compact the "four-party responsibility", optimize prevention and control measures strictly, timely and appropriately, and pay close attention to the implementation of various prevention and control work; It is necessary to further strengthen the territorial responsibility of areas with serious epidemic situation, reduce social mobility, advocate flexible work, reduce the rate of arrival, online teaching, and make appointments in public places to limit the flow in areas with serious epidemic situation, effectively implement regional nucleic acid screening, and make orderly arrangements to avoid getting together; It is necessary to further strengthen the investigation and control of risk personnel and risk points, do a good job in standardized management and service guarantee of high-risk areas, pay attention to epidemic prevention management in crowded places, and implement various prevention and control measures in key links in a timely, effective and high-quality manner.