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Easy Car Research Institute released the insight report of single car market (2024 edition)： Who detonated Xiaomi car？

research team

Dean/Chief Analyst of Zhou Lijun Easy Car Research Institute

Industry analyst of Gaoying Easy Car Research Institute

Industry analyst of Shibuya Easy Car Research Institute

Single car market: a segmented car market composed of unmarried car buyers.

In recent years, the single car market in China has changed a lot: more and more young people buy cars from the marriage stage after working for a few years to the single stage when they just started working, and this trend is constantly expanding the user scale of the single car market; The internal structure of the single car market is accelerating the middle-aged and highly educated, which is constantly improving the gold content of the single car market …

At present, many car companies have launched personalized brands, and this series of measures will continue to enhance the research value of the single car market, which is more preferred to personalized brands. However, the construction thinking of personalized brands of most car companies is not based on the segmentation of users such as singles, and this situation will continue to strengthen the research urgency of single car market;

The 2024 edition of China Passenger Car Market by Easy Car Research Institute is mainly based on online research, with a total sample size of more than 60,000 in 2023. Taking Easy Car Big Data and offline research data of Easy Car Research Institute as reference, the sample size of offline research in 2023 exceeds 10,000.

In 2023, the terminal sales volume of single car market in China rose to 4.66 million, accumulating the strength to challenge the dominant position of family car market, making it a new force in the global car market.

In recent ten years, the increasingly popular reasons in China, such as late marriage and late childbearing, rising housing prices, expanding college graduates, increasingly serious overtime work, and rising wedding bride price, have greatly expanded the number of single people and indirectly boosted the single car market. In 2014, the sales contribution of the single car market was less than 2 million, and then it continued to grow. In 2017, it exceeded 3 million, and it remained relatively flat for the next three years. In 2021, it suddenly rose to 3.8 million, exceeded 4 million in 2022, and rose to 4.66 million in 2023, an increase of 11.63%, and the market share rose to 21.56%.

Over the past decade or so, because the China auto market was absolutely dominated by the family auto market, the single auto market was "covered up" as a whole and did not fully show its charm and strength. In ten years, China’s single car market is approaching the center of the stage step by step from the marginal car market. In 2023, the scale of 4.66 million vehicles will force Germany to approach Japan, making it a new force in the global car market.

Theoretically, China’s single car market has the strength to cultivate brand names and explosive products. At present, all it needs is a "Prince Charming", which can completely ignite this pile of firewood.

Women are the key force to boost the growth of the single car market.In 2023, it will contribute 42.95% to accelerate the mobility and electrification of the single car market.Set the stage for purchasing millet SU7, etc.

Although the single car market is still dominated by men, women are the main growth drivers. In 2021-2023, the sales contribution increased from 35% to 42.95%, which is closely related to the accelerated influx of single men into the used car market in recent years and the fact that single women still have a soft spot for new cars.

Because the female car scene is more focused on transportation, the feminization of the single car market will promote the transportation of the single car market. From 2021 to 2023, the demand for transportation in the single car market rose sharply from 33.94% to 45.83%, becoming the first demand for car purchase in the single car market;

Because electric vehicles are more suitable for transportation, the mobility of single car market will boost the electrification of single car market. From 2021 to 2023, the proportion of new energy in single car market will greatly increase from 7.01% to 38.45%, among which pure electric products will greatly increase from 5.17% to 27.31%. According to the scale of 4.66 million vehicles in 2023, the single car market contributed 1.79 million vehicles to new energy and 1.27 million vehicles to pure electricity;

In 2023, a large number of electric vehicle brands, such as Krypton, Weilai, Tucki, Zhiji and Aouita, sold only 1.2 million vehicles in China, or even less than 100,000 vehicles, which means that the single car market is of great value to the above brands and Xiaomi SU7, which was officially listed on March 28th, 2024. According to this reasoning, the rapid rise of Tesla in recent years is closely related to the single car market.

Middle-aged and middle-aged promote the high-end and large-scale single car market, and put it into Xiaomi.Personalized carts with more than 200,000 yuan have laid the groundwork.

Although the main body of the single car market is still youth and working class, the proportion of middle-aged and middle-aged people is increasing. From 2021 to 2023, the proportion of middle-aged people in the single car market rose from 25.04% to 26.89%, and the proportion of middle-aged people rose from 28.48% to 31.94%, which is closely related to the fact that high-income industries such as the Internet and finance have completely become the hardest hit areas in recent years.

Because middle-aged and middle-class users are more likely to buy high-end brands and carts, the middle-aged and middle-aged single car market will increase the proportion of single car market to buy high-end brands and medium-sized and above carts. From 2021 to 2023, the proportion of single users buying high-end brands rose from 15.34% to 25.04%, and the proportion of buying medium-sized and above cars rose from 24.06% to 36.63%;

In recent years, a lot of electric vehicle brands, such as Tesla, Weilai, Zhiji, Krypton, Aouita, Fox, Tucki, etc., all focus on medium-sized and above cars, and all choose to cut in from the high-end car market with a price of more than 200,000 yuan. Theoretically, they will all benefit from the single car market, but in fact, only Tesla will benefit. Can Lei Jun, who is full of personal charm, and Xiaomi, who has strong brand appeal, become new beneficiaries?

Higher education and urbanization help the single car market to continuously stimulate personalized consumption, and accumulate strength for the emergence of personalized consumption wave in China car market.

Since 2020, the number of college graduates in China has accounted for more than half of those born in the same age. In addition, most colleges and universities are in big cities and most college students are employed in big cities after graduation, so as to consolidate the high academic qualifications of China’s single car market and the leading position of big cities. From 2021 to 2023, the proportion of single car buyers with college education or above rose from 63.28% to 75.99%, and the proportion of first-line, new-line and second-line cities rose from 66.68% to 72.76%;

Because users who have received higher education and live in big cities are more popular in marrying late and having children late, and prefer personalized products such as sports, fashion and technology, the high education and urbanization of single car market will continuously stimulate the personalized consumption of single car market. In 2023, compared with the broader market, the proportion of single users purchasing personalized products such as streamlined sports, exquisite fashion, small and cute, and off-road toughness is higher;

In 2023, a large number of users of electric vehicle brands, such as Tucki, Weilai, Krypton, Zhiji, Aouita, Tucki, etc., are mainly users with higher education and working in big cities. Theoretically, the above-mentioned car companies in the initial stage should spare no effort to seize the ever-growing personalized wave, but in fact, many car companies have chosen diversified routes like mainstream car companies. Tucki, Weilai, Krypton, etc., not only have personalized P7 and ET5. The same question will also torture Xiaomi car, how to concentrate and follow the trend in the early stage of development. At present, only a few car companies, such as Ideal and Tesla, have well coordinated the short-term and long-term strategic deployment and realized the maximization of benefits.

In 2023, the single penetration rate of Deep Blue Automobile is as high as 43.41%, leading the list of mainstream brands, and small brands and personalized brands will be pushed to the crossroads again.

In 2023, the single penetration rate of dark blue cars with newborn calves was as high as 43.41%, ranking first among mainstream brands. From the dark blue SL03, a medium-sized car listed in July 2022, to the dark blue S7, a medium-sized SUV listed in June 2023, the styling design of sports style and personalized brand tonality are highlighted, which subtly caters to the demand of single people for car purchase. In 2023, the terminal sales of Deep Blue Auto in China quickly exceeded 100,000 vehicles. Although it is far from its sales target of 400,000 vehicles, it is outstanding compared with competing products. The hard-core dark blue G318, which was launched in the second quarter of 2024, will continue the sporty modeling and personalized tonality of the above two products, and I believe it will continue to consolidate the appeal of dark blue cars to singles. The problem of deep blue may appear after the sales volume exceeds 200,000 vehicles, that is, in the next year or two. At that time, Changan executives may re-weigh the positioning of deep blue, focusing on segmentation or layout mainstream. Judging from the past experience, I am not afraid of Chang’ an’s step by step, but I am afraid that Chang’ an will have new ideas;

Compared with deep blue, Nezha’s brand definition and product positioning ideas are more complicated. There are personalized products and mainstream household products, and they look around and wander back and forth between family and singles, mainstream and individuality, leading to increasingly blurred brand tonality and declining sense of existence;

MG’s single penetration rate was 39.23%, ranking second, but MG did not fully benefit from the single opportunity. From 2021 to 2023, MG’s terminal sales in China dropped sharply from 164,100 to 102,800. The reason is that there is a serious dislocation between the young or single users in the eyes of MG and the young or single users in the actual market. From MG 6 to MG 5 with a lower price, MG originally hoped to actively seize the young people in small towns through the sinking of the market. However, in reality, young people in small towns strive to study and work in big cities, rewrite their lives through their own abilities, strive for more wealth, and even become social elites. Naturally, MG 5 has become the new main force of late marriage and late childbirth, and it is obviously difficult to meet their upgrading needs. In 2023, MG actively adjusted, and successively launched MG 7, a high-level sports product, and MG Cyberster, a sports car. In the first quarter of 2024, MG 7 has become the new sales force of MG in China, and MG Cyberster is strongly boosting the brand power of MG. Next, it depends on the strategic determination of MG, how to quickly keep up with the "consumption upgrade" rhythm of China new youth who are mainly single, and how to make MG their first choice brand!

The single penetration rate of Lectra is 38.02%, ranking third. Before 2021, 01, 02, 03, 05, 06, a pile of compact products with personality and sports, laid the foundation for Lexus to compete in the single car market. If Lexus can launch electric vehicles in time, it may lead the new trend of the main body of the single car market infiltrating from men to women. The medium and large SUV 09, which went on the market in 2021, helped the Lexus to be further high-end, but pushed the Lexus from the personalized track to the mainstream track. In 2023, the listing and rapid increase of Linke 08, which takes into account both personality and family, is like establishing a "buffer zone" between 03 and 09 to avoid excessive division of brand tonality. In 2024, if 07, a sports energy-saving car, can be loaded quickly, it will consolidate the sports gene of Lectra. In the future, if hard-core products and sports cars can be strengthened, it is possible to build a new model with the color of Lectra from entry-level sports to high-end sports, and actively cater to the rhythm of continuous upgrading of single users;

Many mainstream high-end brands, such as Porsche, Audi, BMW, Mercedes-Benz and Lexus, rank among the TOP20； in the single car market penetration rate; Tesla, smart, Euler, Baojun, Extreme Krypton, Tucki and many other electric vehicle brands rank among the TOP20；; The three hard-core brands of tanks, Beijing and Land Rover rank among the TOP20；; Honda and Geely, which are mainly young, are also ranked in the TOP20；;

At present, most of the automobile brands with the TOP20 single penetration rate do not have clear top-level strategies and specific strategies to compete for the single automobile market. Even though many brands have specific rejuvenation strategies, their strategic focus is on young people from married families. In 2023, the single car market achieved a sales volume of 4.66 million vehicles. If it continues to improve in the future, theoretically, China single car market is fully capable of cultivating several explosive brands.

In 2023, the single penetration rate of Lectra 03 is as high as 58.78%, leading the mainstream car list, and the era of personalized car explosion is accelerating.

Since its release in 2018, LECK 03 has been persistently focusing on the concept of sports, helping LECK 03 to actively attract young users who are mainly single. In 2023, the penetration rate of single users of Linke 03 was as high as 58.78%, leading the ranking of mainstream models. In 2023, the Lexus 03 achieved a good result of 67,300 vehicles in China, and the price was firm, which was in sharp contrast with the large-scale price reduction promotion of traditional sports competing products such as Civic and Angkor Sela. Due to Geely’s outstanding youthful tonality and emphasis on sports design elements, except for Lingke 03, Binyue, Binrui and Lingke 06 have all advanced to the single penetration rate of TOP20；;

Leading 03, Civic, Mazda 3, Shadow Leopard, Golf, Volkswagen CC and other fuel sports cars rank among the TOP20； in single penetration rate; Model 3, Seals, Tucki P7, BMW i3 and other sports electric vehicles rank among the TOP20；; Entry-level high-end models such as BMW X1, Mercedes-Benz A-Class, Audi Q3 and Audi A3 are also among the TOP20. Fuel sports cars, sports electric vehicles and entry-level high-end models constitute the main body of the single penetration rate TOP20.

Judging from the market share,In 2023, Volkswagen and BYD are the biggest beneficiary brands in the single car market, and Model Y is the biggest beneficiary model.

By brand, in 2023, Volkswagen and BYD were the biggest beneficiaries of the single car market, with their market share of 9.27% and 9.14% respectively. In the single car market of 4.66 million vehicles in 2023, they all got terminal sales of over 400,000 vehicles, and their specific models such as Yuan PLUS, Qin PLUS, Song PLUS, Dolphin, Seagull, LaVida and Sagitar were all ranked.

From 2008 to 2012, the compact car strategy helped Volkswagen to quickly exceed 2 million vehicles in China. However, at present, the strategic planning and product strategy focusing on young family users and focusing on moderation, space and economy led to the compact car quickly becoming a heavy burden for the public, pushing the public to the difficult moment of "defending 2 million vehicles". Because the adjustment of the public in China is seriously out of touch with the new rhythm of young users infiltrating from family to singles, it provides an opportunity for BYD, which is more fashionable and more prominent in personality. In 2023, BYD’s single market share will quickly approach the public, and in 2024, it will be more likely to overtake;

The market share of Honda and Toyota in the single car market is 6.52% and 5.88% respectively, and the terminal sales volume is 290,600 and 262,300 respectively. Geely’s market share is 4.81%, taking 214,600 vehicles from the single car market; High-end brands such as BMW, Mercedes-Benz, Tesla and Audi have benefited a lot;

By vehicle type, in 2023, Model Y was the biggest beneficiary, with a market share of 2.98%. Among the 4.66 million plates in the single car market, it won the terminal sales of 138,800 vehicles, far ahead. The market share of Model 3 is 1.22%, which is also very high, and it has obtained terminal sales of 57,600 vehicles. Tesla’s user structure is highly consistent with the evolution of users in the single car market, which is convenient for benefiting from single opportunities. This discovery is conducive to benchmarking Tesla’s car companies and actively optimizing the benchmarking strategy.

Single users account for the pre-order users of Xiaomi Automobile.37.28%, which is an important force clearer than "rice flour"

According to official sources, orders for Xiaomi SU7 continued to soar, with 10,000 units ordered in 4 minutes, 20,000 units in 7 minutes, 50,000 units in 27 minutes and approaching 90,000 units in 24 hours. Easy Car Research Institute is very curious, who wants to buy Xiaomi car? The survey shows that the proportion of single users is as high as 37.28%, which is much higher than the market level of 21.56%. Although married is the main body, it is significantly lower than the market level;

At present, there are many discussions about who will buy Xiaomi car, and there is a big controversy. Among them, "rice flour" is the core of the controversy. Some people think that "rice flour" is the main force, and some people think that most "rice flour" can’t afford Xiaomi SU7. The single users we surveyed believe that there is some overlap with "rice noodle", but it is not limited to the concept of "rice noodle" and is much clearer than "rice noodle";

If the viewpoint that single users have made significant contributions to Xiaomi Automobile can stand scrutiny in the future, and the booming single automobile market is like the new golden track of China automobile market, Xiaomi Automobile will get a clearer new growth channel than "rice noodles".

The pre-order force of Xiaomi Automobile is located in the "hinterland" of China single car market. After "rice noodles", it is conducive to Xiaomi Automobile to cultivate new growth space.

It is no accident that the proportion of single pre-purchase of Xiaomi SU7 reaches 37.28%. The proportion of women, middle-aged, middle-aged, highly educated and big city pre-purchase users is as high as 40.71%, 55.15%, 74.29%, 92.49% and 71.74% respectively, which is in line with the evolution of feminization, middle-aged, middle-aged, highly educated and big city in China. Among them, many indicators of Xiaomi SU7 are significantly ahead of the single market, similar to Xiaomi SU7 being in the "hinterland" of China single car market. At this time, as long as Lei Jun shakes his arm, it is very likely to "lift the car";

At the press conference, when talking about users of Xiaomi SU7, Lei Jun thought it was an upgraded user of model 3, Audi A4L, mercedes benz c Class and BMW 3 Series. If you ask who are the users of model 3, Audi A4L, mercedes benz c Class and BMW 3 Series, it is not clear how Lei Jun will answer. According to the research of Easy Car Research Institute, the proportion of singles in the above-mentioned models regarded by Lei Jun as competing products is higher than that in the broader market, and they are all in the "hinterland" of the single car market. However, at present, these competing products do not pay attention to the single opportunity. Domestic models are still well-regulated household products, and the extreme lack of personalized products is equivalent to leaving a "seven inches" for Xiaomi Automobile.

Tesla and Porsche, which were strongly "run" by Lei Jun, andSeal, Model 3 and Tucki P7, which have direct competition with SU7, are all in the forefront of single penetration rate.

At the launch conference of Xiaomi SU7 on March 28th, 2024, Tesla and Porsche, which were highlighted by Lei Jun, and the specific model Model 3 attracted many single users. In 2023, the single penetration rates of Tesla and Porsche were 32.04% and 36.22%, respectively, ranking in the forefront of single penetration rates. The single penetration rate of Model 3 was 38.42%, which also ranked in the forefront of single penetration rates of models. In addition, brands such as Krypton and Tucki, which have direct competition with Xiaomi, and BYD Seals, Tucki P7 and BMW i3, which have direct competition with Xiaomi SU7, are also among the top single penetration rates. If Xiaomi can actively attract single users in the future, it will not only help to open up new growth space, but also effectively suppress the core competing products, and vice versa;

In response to the launch of Xiaomi SU7, Tesla CEO Musk sent a "congratulatory message" in advance: the correct way to score any technology is not to compare with competitors (because it is too easy), but to compare with physical limits;

At present, both Xiaomi and Tesla are enterprises that single users in China like. In the future, no matter the configuration of Xiaomi and Tesla, or the physical limit, we need to return to the user’s origin, which is more pleasing to users than anyone else.

In 2025, the domestic Model Q may become the new favorite of Tesla to attract single users, helping Tesla to actively counter Xiaomi cars.

In the field of mobile phones, as of the beginning of 2024, Apple is still the insurmountable peak of Xiaomi. After Xiaomi enters the automotive field, Tesla will become another peak of Xiaomi Automobile. For Xiaomi SU7′ s price of 215,900-299,900 yuan, for example, Tesla has also reduced it by 20,000-30,000 yuan, even from 210,000 yuan, Xiaomi SU7 will be embarrassed in an instant. In theory, Tesla has the ability to reduce prices, and the key depends on whether it is necessary, which mainly depends on the impact of SU7;

In addition to tit-for-tat price reduction promotion, Tesla also has a successor, namely the domestic compact crossover Model Q in 2025. Although the level and shape of Model Q are quite different from that of Xiaomi SU7, the users are likely to be very similar, that is, female-dominated family users and single users who are mainly young people. In 2023, Tesla’s female and single users accounted for a high proportion. I believe that the domestic Model Q in 2025 can effectively cater to the preferences of Tesla users. In the case of user convergence, if the price of Model Q drops to 150,000-200,000 yuan, plus the strong brand power of Tesla and the lack of effective measures of Xiaomi Automobile, a large number of single users are very likely to defect, and Xiaomi Automobile will suddenly suffer heavy losses.

From 2024 to 2030, the single car market is expected to be one of the best in the world, boosting the personalized consumption wave in China car market and becoming a new "Eden" for cultivating brands with high volume and explosive models.

In the past, the serious imbalance of higher and vocational education, the frequent high-intensity work 996, the high housing prices referred to by thousands of people, and the lingering high tuition classes directly or indirectly promoted the phenomenon of singles in China society. In the future, if the above hidden dangers cannot be effectively improved, the phenomenon of singles in China society will only intensify, and the proportion of singles in China automobile market will only rise. From 2024 to 2030, it is conservatively estimated that the market share of China’s single car market is expected to exceed 35%, which is one of the best in the world, boosting the personalized wave of China’s car market and becoming a new "Eden" for cultivating brand names and explosive models;

The "explosive position" of Xiaomi SU7 order is indispensable to single users, and the main force of Xiaomi pre-order is in the "hinterland" of China single society and single automobile market. For example, the second and third follow-up products of Xiaomi Automobile continue to highlight personalized styles such as streamlined sports. Xiaomi Automobile should raise the capture of "single opportunities" to a strategic height so as not to be preempted by competing products such as Tesla. In the next decade or two, the single opportunity in China may not help Xiaomi to become the top five car companies in the world, but it can help Xiaomi to qualify for the knockout of the top five car companies in the world. At present, Xiaomi Automobile’s positioning as a "car driver" is obviously more mainstream, which reflects Xiaomi Automobile’s long-term strategic appeal. In the short term, it is suggested that Xiaomi Automobile should actively highlight the individualized tonality, deeply cut into the strategic weakness of core competing products such as Audi, Mercedes-Benz and BMW, and firmly establish the strategic commanding heights;

In the past three years, BYD, Geely, Great Wall, Chery and many other mainstream car companies have not only released a new round of multi-brand strategy, but also launched many personalized electric vehicles such as Tucki P7, Seal EV, Extreme Krypton 001, Extreme Krypton 007, Tengshi N7, Weilai ET5, Geely E8, Xiaomi SU7 and so on. If the relevant car companies can actively lay out a more personalized single car market, it will theoretically help them optimize a new round of multi-brand strategy and tap the market potential of personalized electric vehicles; Specific new energy and personalized brands such as Deep Blue, Zhiji, Extreme Krypton and Tucki are even more stupid.

Looking around the world, only China has the fertile soil to intensively subdivide users. The annual sales volume of passenger cars in China is as high as 20 million, and the slightly mainstream car market has a scale of one million. As long as car companies don’t be greedy for perfection, don’t eat in a bowl and watch in a pot, serve a part of users in a down-to-earth manner, and do a good job in subdividing the car market, they all have the opportunity to become the mainstream car companies in China and the characteristic car companies in the global car market.

Disclaimer: The market is risky, so you should be careful when choosing! This article is for reference only, not as a basis for trading.

When the China football purge storm was going on： grassroots deputies called for the reform of the Football Association

　　Chen Qinyuan

　　With Li Tie, former head coach of the national football team, Liu Yi, member of the 11th Executive Committee of the Chinese Football Association and former Secretary-General, Chen Yongliang, executive deputy secretary-general of the Chinese Football Association and director of the national team management department, and Chen Yuyuan, chairman and deputy secretary of the Party Committee of the Chinese Football Association, and others being investigated one after another, the purge storm in the football field has attracted people’s attention.

　　The Paper noted that, recently, the WeChat WeChat official account of Suining Municipal Committee of China Democratic National Construction Association published a number of proposals and suggestions on football in China by grassroots representatives. Some deputies pointed out that the Football Association should improve the transparency of its operation. In addition, it is right to stop inviting foreign big-name coaches for short-term performance improvement and do a good job in youth training in a down-to-earth manner.

　　"This kind of corruption case has also appeared in Li Tie."

　　Among them, Lin Yun, member of the General Branch of the Democratic National Construction Association in Daying County, member of the Suining CPPCC and vice chairman of the chuanshan district CPPCC, and Wang Liming, member of the General Branch of the Democratic National Construction Association in Daying County and representative of the county people’s congress, reflected that football is the world’s first sport and is deeply loved by people all over the world, but the development of football in China, especially men’s football, has always been criticized. As an industry management organization, the football association has been criticized countless times by all walks of life, and the domestic football environment has also gone from bad to worse. As a China fan, I didn’t dare to expect the football results, but the lack of enthusiasm of football players on the court really made people angry and disappointed.

　　Tie Li

　　"After the case of Li Tie, the former head coach of the national men’s soccer team broke out, people’s mood could not be calmed down. As the main player of the national football team in the 2002 World Cup, Li Tie is one of the few people in the whole country who has played in the World Cup at present, and he should have feelings for China football. Even this kind of corruption case has appeared, so it is not difficult to understand the performance of football players on the field."

　　Lin Yun and Wang Liming pointed out that mature youth training is the only way from the successful experiences of neighboring Japanese and Korean soccer. The domestic football environment has gone from bad to worse, and all walks of life regard men’s football as a joke. Parents are reluctant to send their children to learn football. There are fewer and fewer targets for youth training, and there is no good prospect for a small football population. Children who should have played football are mostly playing electronic products such as mobile phones in their spare time, and the development of football is in a vicious circle. In addition, more and more attention has been paid to the construction of stadiums and gymnasiums, and a lot of money and land have been invested in the construction of large-scale stadiums, which have become more and more dazzling urban landmark buildings. However, most people can’t get into these stadiums and can’t afford to use them. The hardened square on the outer ring of the stadium is also occupied by dam dance. Generally speaking, sports facilities are more for viewing than for use.

　　Lin Yun and Wang Liming also said that since the beginning of the China Football League in 1994, there have been countless big-name foreign coaches invited by the national team and the club level, and they have spent a lot of money, but the effect is not obvious or sustainable. Without a good athlete, even a big-name coach can’t lead the team to achieve good results, and a large amount of foreign teachers’ expenses will be wasted. If you want to achieve good results continuously, it is the right thing to do a good job in youth training, and there is no shortcut.

　　To this end, they suggested improving the transparency of the operation of the Football Association. Football is widely concerned. Whenever the national team loses, the Football Association will face overwhelming criticism and deny all the efforts of the Football Association.The reason is that people don’t see the working process of the Football Association, and it is not objective and comprehensive to pay attention to the results of the game blindly, which is also unfavorable to the development of the football industry. The Football Association should improve the transparency of its operation, publicize and accept supervision for the plan at the beginning of the year, the implementation in the middle of the year, and the evaluation at the end of the year, so as to guide all sectors of society to look at winning or losing rationally and support the healthy development of the national football cause.

　　In addition, we will increase the proportion of football courses for teenagers at school, guide cities at or above the prefecture level to hold football matches in their spare time such as weekends, and compete teenagers from electronic products such as mobile phones. Open up free football venues in urban public spaces, create a good football atmosphere in the whole society, enhance the interest of young people in football, and vigorously increase the number of football population. Carry forward the excellent traditional culture of the Chinese nation through football, guide all young people to work hard actively and face all the challenges in life optimistically.

　　They also called for not inviting foreign big-name coaches for short-term performance improvement, using limited funds more to train local coaches, athletes, referees and managers, learning from foreign advanced football experience and sending people out to study. Set a reasonable salary ceiling for domestic athletes and encourage athletes to play abroad to improve their competitive level. Pay attention to the off-site management of athletes. For athletes who have achieved good results in a short period of time, they should refuse to be widely sought after by the media and improve their business participation, so as to prevent off-site factors from affecting their fighting motivation.

　　"Reform the mechanism system of China Football Association"

　　"In the Asian qualifiers in FIFA World Cup Qatar 2022 in 2022, the China men’s soccer team handed in a very bad answer sheet to the people of the whole country. The once first-class Asian team has become a third-rate Asian team, which made the fans very disappointed and called for the reform of the Football Association. China Men’s Football Team must learn from a painful experience, deeply reflect, comprehensively reform and start from the foundation. " Huang Peng, general branch member of Suining Municipal Committee of the Democratic National Construction Association, member of Suining CPPCC, vice chairman of Suining Municipal Committee of the Democratic National Construction Association and secretary general, reflected.

　　Huang Peng mentioned that due to the low overall level of football in China, it is difficult to go to the world, and the frequent scandals such as shady, match-fixing and corruption, the fans have lost confidence and reduced their enthusiasm for participation, resulting in insufficient market development and a difficult road to professionalism. Teenagers have little room for development in football, and the probability of success is very low. On balance, parents are basically unwilling to let their children take the road of professional football.

　　To this end, Huang Peng suggested that, according to the characteristics of the national conditions, we should drastically reform the professional leagues in China and the mechanism system of the China Football Association, train more teams, hold more high-level leagues, connect with the world, and promote their healthy, standardized and sustainable development.Adhere to the market-oriented operation of professional football clubs, and be responsible for their own profits and losses according to corporate management. It is necessary to strengthen exchanges with professional leagues in Asia and Europe, and cooperate comprehensively in personnel training, business operation and technical exchanges, so as to provide a broad space for the development of football in China.

　　Feng Yaowen, director of the General Branch of chuanshan district Branch of Minjian Suining City and the General Office of the Institute of Herbal Culture of Sichuan Vocational and Technical College, pointed out in the article "Problems and Countermeasures of the Management System Reform of Chinese Football Association" that the China Football Association, as an industrial autonomous association, is also a social group, which should be self-managed and self-restrained by interest groups related to the industry. However, in actual operation,China Football Association is more semi-official and its officials have administrative rank, which makes the Football Association more administrative, and the Football Association Congress and Executive Committee exist in name only.

　　The article combs that the laws and regulations that China Football Association relies on mainly include the Constitution of China Football Association, General Principles of Civil Law, Sports Law, fifa statutes and the Constitution of AFC. However, the relevant laws and regulations mostly stipulate the principles of the Football Association, and the articles of association of the China Football Association are a mere formality, relying more on the "red-headed documents" of the superiors in practice, lacking flexibility and flexibility in decision-making. At the same time, there is also a lack of supervision over the decision-making and implementation of the Football Association. In addition, the articles of association of the Football Association stipulate that legal disputes related to the Football Association shall not be submitted to the court, but only to the Arbitration Commission. The Arbitration Commission is a special committee within the Football Association, and its own impartiality is difficult to convince the public, and the interests of football clubs and players cannot be reasonably protected. Therefore, it is urgent to establish an arbitration commission independent of the Football Association and attended by football-related professionals.

　　In this regard, Feng Yaowen made three suggestions:

　　First, fully attract football-related stakeholders to participate in decision-making, implementation and supervision. As a football association interwoven by various stakeholders, its reform must emphasize the participation of the clients. First, it should overcome its single administrative nature, cancel the football management center, cancel the staffing, and fully absorb government officials, professional managers of the football association, experts and scholars, football players, football club members, local football associations and other relevant stakeholders to participate in the decision-making, implementation and supervision of the football association, so as to realize the socialization, autonomy, marketization and transparency of the football association.

　　Second, improve relevant governance laws and regulations. In the process of the reform of the management system of the Football Association, it is necessary to improve the relevant laws and regulations, accurately position the functions of the Football Association, and make the management activities of the Football Association have laws to follow in decision-making, execution and supervision procedures, so as to provide perfect legal protection for the legalization and modernization of the Football Association’s governance.

　　Third, establish an independent football arbitration institution. While improving the internal management system of the Football Association, it is necessary to establish an arbitration institution independent of the Football Association, which is composed of relevant legal persons, football professionals and relevant experts, and handles football-related disputes independently according to law, thus contributing to a more just and reasonable judgment of football disputes.

　　Chen Shuyang, member of Wenwei General Branch of Suining Municipal Committee of the Democratic National Construction Association and director of the Youth League Committee of Suining Municipal Committee of the Democratic National Construction Association, also reflected that at present, the Super League is operated by Super League Co., Ltd., ostensibly an independent company, but in essence it belongs to the Football Association, ostensibly operating the whole league, which is essentially limited to project investment, resulting in the league being seriously affected by administrative instructions and losing the prerequisites of "professionalism" and "marketization".

　　In addition, affected by various factors, the Super League is tournament-based, and all competitions are held in the same year, which is inconsistent with the international mainstream league home and away system and the New Year’s Eve system. In addition, the AFC Champions League will also adopt the New Year’s Eve system next year, and the overall structure will make each team physically and mentally exhausted. At the same time, because of the tournament-based league, the team will lose the support of fans and let football break away from the development foundation, which is even more unfavorable to the development of football in China.

　　Chen Shuyang suggested strengthening the confidence of real reform,Intensify the investigation and punishment of anti-corruption in football field, and make every effort to reduce the influence of "off-site factors" on the development of football leagues; "Separation of management and operation" will allow Super League companies to operate independently, establish a perfect club access and competition mechanism, reduce the interference of administrative orders, and prevent football leagues from becoming "performance projects"; Continue to encourage and stimulate the development of youth training of professional clubs and players to study abroad, improve the overall level of football leagues, enhance the football image of China and enhance the commercial value of the Super League; Adjust the league structure, cancel the tournament system that lasted for two years, and implement the New Year’s system in line with the AFC. Implementing the home and away mode will give the team its own growth soil, stimulate the internal motivation of China’s football market and create a better football atmosphere.

Weir’s high-end CIS products continue to be used in mainstream mobile phone high-end flagship models.

On the evening of March 18th, at the flagship new product launch conference of Glory Spring, the highly anticipated Magic6 to Zhen Edition and Magic6 RSR Porsche designs were officially unveiled. These two flagship mobile phones are equipped with a newly upgraded SLR super-dynamic Hawkeye camera, which brings the world’s first LOFIC technology (full name: lateral overflow integration capacitor) from the vehicle regulation level.

According to people in the industrial chain, LOFIC technology comes from Howell Group (603501.SH), and Glory will use this technology to take the super-dynamic Hawkeye as the main camera and name it H9800. As the world’s first smart phone image sensor with LOFIC technology, a single exposure can achieve a dynamic range close to the human eye level, setting a new industry standard for high dynamic range (HDR) image capture of mobile phone photography.

In an interview with the media, Yu Renrong, chairman of Howe Group-Weir Co., Ltd. said: "LOFIC technology can now basically approach the level of human eyes, enabling mobile phone image sensors to achieve the maximum dynamic range under limited specifications, opening up the imagination of image innovation."

The official micro-signal of Howe Group also introduced this technology. TheiaCel? technology uses the function of LOFIC to provide excellent single exposure HDR even under challenging lighting conditions. The OV50K4050 megapixel image sensor based on TheiaCel? technology adopts 1.2 micron pixel size and 1/1.3 inch optical format, and has the functions of high gain and correlated multiple sampling (CMS), which can achieve the best performance in low light conditions.

The easy-to-understand explanation is that the basic principle is to place a high-density capacitor on each photodiode of the mobile phone image sensor to collect photoelectrons that may have overflowed due to saturation. When the number of photoelectrons converted by the photodiode exceeds the maximum capacity originally, the excess photoelectrons will flow to the adjacent capacitors instead of being "overexposed" because of overflow, which makes the highlight information in the shooting scene better preserved by the sensor and makes the output film closer to reality.

As early as last September, Howe Group introduced the image sensor OX08D10 with LOFIC technology for the automobile market for the first time. With TheiaCel?, OX08D10 can capture HDR images up to 200 meters away, which can achieve the best balance between SNR1 and dynamic range, and is also the best choice for outdoor camera applications. This year, the company introduced this revolutionary technology into the consumer smart phone industry, showing the infinite possibilities of TheiaCel?’s technological innovation.

In recent years, with the changes in the demand structure of the downstream market, the consumer electronics market is undergoing a round of product cycle structure adjustment. According to the research results of consulting firm TechInsights, the demand of mainstream smartphone manufacturers for mobile phones equipped with high-performance cameras is driving the market demand for 50-megapixel CIS products with large pixel size and larger optical format.

In order to meet the market demand, Howe Group has laid out products with different pixel specifications, which can be covered by all categories, and has made significant progress in the high-end CMOS market. The products have been used in high-end flagship smartphones of many domestic head phone brands. Among them, OV50H product is the beginning of the company’s high-end main camera layout, which is widely known for Xiaomi 14 "Light and Shadow Hunter 900". The poster announced by Xiaomi Company shows that the power consumption of "Light and Shadow Hunter 900" is reduced by 42% under the same size. According to the industrial chain information, in addition to Xiaomi, this product is also equipped with rear-mounted main camera sensors on many high-end models such as VIVO iQOO12 series and glory Magic6.

The release of the new image sensor with LOFIC technology of Howell Group is a further breakthrough in the field of high-end flagship machine image sensors, which sets a new performance benchmark for the flagship rear main camera. Industry analysts pointed out that this also shows that the competitiveness of domestic CMOS manufacturers in the high-end market is expected to be widely recognized by mainstream mobile phone manufacturers around the world, and the launch of the company’s series of core product technologies will also reshape the industry’s head pattern. （CIS）

Proofreading: Zhao Yan

What changes will the real estate market usher in if the strategy of expanding domestic demand is dismantled to promote the healthy development of residential consumption？

　　On December 14th, the Central Committee of the Communist Party of China and the State Council issued the Outline of the Strategic Plan for Expanding Domestic Demand (2022-2035) (hereinafter referred to as "Outline"), firmly implementing the strategy of expanding domestic demand and cultivating a complete domestic demand system, which is an inevitable choice to accelerate the construction of a new development pattern with the domestic big cycle as the main body and the domestic and international double cycles promoting each other, and a strategic decision to promote China’s long-term development and long-term stability.

　　In terms of continuously upgrading traditional consumption, the Outline proposes to promote the healthy development of residential consumption. Adhere to the positioning of "houses are used for living, not for speculation", strengthen the guidance of real estate market expectations, explore new development models, accelerate the establishment of a housing system with multi-subject supply, multi-channel guarantee and simultaneous rent and purchase, and steadily implement a long-term mechanism for the stable and healthy development of the real estate market, support residents’ reasonable demand for self-occupation, curb speculative demand for investment, and stabilize land prices, prices and expectations. We will improve the basic system of housing security and support policies, focus on big cities with net population inflow, and expand the supply of affordable rental housing. Develop shared property housing according to local conditions. Improve the long-term rental policy, and gradually make the rental housing have the same rights in enjoying public services. Improve the housing provident fund system. Promote the construction of barrier-free facilities, promote the consumption of home decoration, increase the consumption of smart home appliances, and promote the development of digital homes.

　　Yan Yuejin, research director of the think tank center of Yiju Research Institute, pointed out that the outline of expanding domestic demand issued by the central government fully reflects the great attention paid to domestic demand or consumption in the post-epidemic era. At the same time, expanding domestic demand also requires the active participation of real estate.

　　Ma Hong, a senior researcher at Zhixin Investment Research Institute, pointed out that the definition of real estate in the Outline is consistent with Report to the 20th CPC National Congress’s formulation. In the long run, we should adhere to the definition that houses are used for living, not for speculation, and accelerate the establishment and improvement of a housing system with multi-agent supply, multi-channel guarantee and simultaneous rent and purchase. Although the short-term operation of the real estate market has encountered many difficulties, with the development of new urbanization, there is still great room for development of the domestic real estate market in the future.

　　"The promotion of domestic demand in real estate should be based on ‘ One orientation and one system ’ Under the big framework, that is, to live in the house without speculation, rent and purchase simultaneously under the system to promote. Only in this way can the support for housing or residential consumption be sustainable and prevent the deviation of direction. " Yan Yuejin added.

　　"Living in a house without speculation" is the long-standing industry orientation of real estate.

　　The "Outline" proposes to adhere to the positioning that "houses are used for living, not for speculation", strengthen the expected guidance of the real estate market, and explore new development models.

　　Chen Wenjing, director of market research in the Index Division of the Central Finger Research Institute, pointed out that "housing without speculation" is a long-term industry orientation of real estate, and only by adhering to "housing without speculation" can we truly promote the healthy development of the housing consumer market.

　　The "Outline" clearly supports residents’ reasonable demand for self-occupation, curbs speculative demand for investment, and stabilizes land prices, housing prices and expectations.

　　Chen Wenjing pointed out that in order to support reasonable self-occupation demand and curb investment speculation demand, in the process of optimizing the property market policy in the future, the support policy for the just-needed and improved housing demand is expected to be further improved, while the restrictive policy for investment speculation demand may be more refined. At the same time, emphasizing "strengthening the expected guidance of the real estate market", the current real estate market expectation is still unstable, and the market confidence at both ends of supply and demand is insufficient. Strengthening the expected guidance may be more conducive to the restoration of market sentiment.

　　Ma Hong believes that the "reasonable and independent needs of residents" mentioned in the Outline are rigid and improved needs, and these two parts of housing demand will be the main service targets of housing policy in the future. On the one hand, the floating population and the natural growth of the new population in the city will become the main sources just needed; On the other hand, the demand for improved housing has gradually become the demand of the people for a better life.

　　"Bring up ‘ Sanwen ’ The target means that the trend of the real estate market stabilizing and rebounding in the next six months is more clear, but the situation of rising house prices will still not appear. It is expected that cities of different levels will stabilize and rebound. " Zhang Bo, dean of the branch of 58 Anjuke Real Estate Research Institute, said.

　　The direction of the housing system of rent and purchase remains unchanged.

　　The "Outline" proposes to speed up the establishment of a housing system with multi-agent supply, multi-channel guarantee and simultaneous rent and purchase, and steadily implement a long-term mechanism for the stable and healthy development of the real estate market. At the same time, in accordance with the "Planning Outline", we will improve the basic system of housing security and support policies, and focus on large cities with net population inflows to expand the supply of affordable rental housing. Improve the long-term rental policy, and gradually make the rental housing have the same rights in enjoying public services.

　　The "Outline" once again clarifies "accelerating the establishment of a housing system with multi-agent supply, multi-channel guarantee and simultaneous rent and purchase", which is consistent with the relevant formulation in Report to the 20th CPC National Congress.

　　Chen Wenjing pointed out that in recent years, the supporting policies for the rental market have been followed up in all directions, and it is expected to be further improved in the future. In particular, the supporting policies and resources for affordable rental housing are expected to be better implemented, and the related policies for renting, purchasing and purchasing long-term rental houses are also expected to be substantially implemented.

　　Zhang Bo believes that affordable housing is an important measure to solve the housing problem of new citizens, and clearly proposes to focus on big cities with net population inflow and expand the supply of affordable rental housing. From the perspective of security means, shared property rights and guaranteed rental housing are two powerful starting points. In recent years, the supply of guaranteed rental housing has increased significantly. In addition, the way of multi-channel co-construction since this year, including the conversion of pilot commercial housing in some cities to guaranteed rental housing, has greatly increased the number of guaranteed rental housing, effectively guaranteed the housing needs of new citizens, and is the basis for promoting the equalization of public services.

　　Ma Hong pointed out that at the end of 2015, the Central Economic Work Conference first proposed the development of the housing rental market; At the end of 2020, the Central Economic Work Conference clearly stated that it was necessary to "solve the outstanding housing problems in big cities"; The Ministry of Housing and Urban-Rural Development once said that during the Tenth Five-Year Plan period, 40 key cities across the country plan to raise 6.5 million sets (rooms) of affordable rental housing, which is expected to solve the housing difficulties of nearly 20 million new citizens and young people. Undoubtedly, affordable rental housing has become an important starting point to protect residents’ housing needs, and the corresponding housing financial supporting services are also following up.

　　The central bank made it clear that affordable housing rental loans were not included in the evaluation index of loan concentration of commercial banks. In 2022, the first batch of three affordable housing REITs were also listed on the exchange, which indicated that the "investment, financing and retirement" involved in affordable housing projects formed a closed loop, providing effective financial tool support for affordable housing rental. In the past few years, land projects in some cities have also increased the proportion of affordable housing construction. In the future, new urbanization will promote regional housing demand, housing supply will also provide more diversified choices, and the proportion of rental housing will be expected to rise to better match and meet the housing needs of residents.

　　Improve the housing provident fund system, give play to the functions of housing security and improving people’s livelihood.

　　The Outline proposes to improve the housing provident fund system.

　　Chen Wenjing pointed out that the housing provident fund system is an important part of China’s policy housing financial system. In the past, the housing provident fund system played an important role in the rapid development of the real estate industry. However, with the continuous development of the industry, there are also many problems to be solved urgently in the operation of the provident fund, such as the low efficiency of the use of provident fund in some areas, the failure to fully play the functions of mutual assistance and inclusiveness of provident fund funds, the imperfect supervision system of housing provident fund and the limited sources of funds. A sound provident fund system in the future will be more conducive to giving play to its housing security and improving people’s livelihood.

　　In addition, the Outline also proposes to promote the construction of barrier-free facilities, promote the consumption of home decoration, increase the consumption of smart home appliances, and promote the development of digital homes.

　　"In combination with the increasing aging trend in China and the needs of young people, the outline also actively promotes the construction of barrier-free facilities to ensure the living safety of more elderly people. At the same time, combined with the digital construction and the continuous upgrading of intelligence, the consumption of smart home appliances and the development of digital home are also one of the key points. This direction is expected to continue to advance in the future, and at the same time, combined with the development of science and technology and changes in the needs of the population, it will continue to improve and refine. " Zhang Bo said.

　　Li Yujia, chief researcher of the Housing Policy Research Center of Guangdong Provincial Urban Planning Institute, said that this strategy once again emphasized the potential demand, creating a housing security system with low cost and low threshold for renting and buying, and lowering the threshold and cost of consumption, so as to release the potential of consumption and turn it into capacity. In addition, it also emphasizes the consumption of stock houses, such as accessibility, decoration and intelligence, which adapts to the aging era, the upgrading of residents’ stock houses and the new needs of young people who have entered the property market. Generally speaking, as for the content of housing consumption, the basic role of consumption has been implemented, the supply-side reform has been emphasized, and the implementation of the strategy of expanding domestic demand has been organically combined with deepening the supply-side structural reform.

It is related to real estate financing, and the General Administration of Financial Supervision speaks out.

Red Star Capital Bureau reported on January 26th that the State Administration of Financial Supervision held a meeting today to deploy and promote the implementation of the coordination mechanism of urban real estate financing. Li Yunze, Secretary of the Party Committee and Director of the State Administration of Financial Supervision, attended the meeting and stressed that it is necessary to thoroughly implement the spirit of the Central Financial Work Conference, accelerate the implementation of the coordination mechanism for urban real estate financing, more accurately support the reasonable financing needs of real estate projects, and promote the stable and healthy development of the real estate market.
The meeting pointed out that the CPC Central Committee and the State Council attached great importance to the steady and healthy development of the real estate market. At the beginning of January this year, the Ministry of Housing and Urban-Rural Development and the General Administration of Financial Supervision issued the Notice on Establishing a Coordination Mechanism for Urban Real Estate Financing, requiring cities at or above the prefecture level to establish a coordination mechanism for urban real estate financing. The coordination mechanism is an important measure to implement the decision-making arrangements of the central financial work conference, meet the reasonable financing needs of real estate enterprises with different ownership equally, and promote the virtuous circle of finance and real estate.
The meeting held that the coordination mechanism should give full play to the leading role of local governments, strengthen overall planning of work, refine policies and measures, and promote the accurate docking of real estate development enterprises and financial institutions. According to the principle of fairness and justice, the list of real estate projects that can be given financing support should be screened and pushed to financial institutions within their respective administrative areas. It is necessary to strengthen information sharing and provide relevant financial institutions with information such as project construction and operation, pre-sale fund supervision and so on in a timely manner. It is necessary to guide financial institutions to negotiate with real estate development enterprises on an equal footing, make independent decisions and implement them according to the principles of marketization and rule of law, and protect the legitimate rights and interests of financial institutions.
The meeting stressed that financial institutions should attach great importance to it, strengthen organizational leadership, establish internal mechanisms and clarify working rules. For projects that meet the credit conditions, it is necessary to establish a green channel for credit granting, optimize the approval process, shorten the approval time limit, and actively meet the reasonable financing needs. For projects that encounter temporary difficulties in development and construction, but the funds are basically balanced, we will not blindly lend, cut off loans, or press loans, but support them by extending existing loans, adjusting repayment arrangements, and adding new loans. At the same time, financial institutions should strengthen the closed management of funds to prevent the misappropriation of credit funds.
The meeting requested that all supervision bureaus should actively participate in the coordination mechanism, actively cooperate with local governments and housing construction departments, carry out related work in a steady and orderly manner, jointly promote the effectiveness of the coordination mechanism and promote the stable and healthy development of the real estate market.
Red Star Journalist Wang Tian
Editor Yu Dongmei
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New power! The 18-year-old talented center scored three pairs in the inside four times and was praised by China Jokic.

The 18-year-old Yang Hansen is a new force in domestic basketball. He is a 2.18-meter center with excellent inside footwork and passing ability. In the 2023 World Youth Championship, Yang Hansen won the blocked shot and was selected as the best second team, and was praised by NBA Nuggets reporters as Jokic from China.

And Yang Hansen is about to land in CBA league in the new season. At present, he is playing in CBA summer league with the team, and his personal performance is good. In Futian Station of Summer League, Qingdao played against Guangzhou, and Yang Hansen suppressed the national player Jiao Boqiao. Four singles opponents can help the team score points, either directly or assisting teammates to score points, which is highly personal threat.

In the last 6 minutes of the game, Yang Hansen asked for the ball in the low post for singles four times. In the first round, he directly staged a dunk. In the next two rounds, he assisted Yang Jinmeng and Wang Hong to hit three points. In the fourth round, Yang Hansen made a foul on Jiao Boqiao, and the latter directly replaced him.

As can be seen from each of the above rounds, 18-year-old Yang Hansen already has the ability to influence the trend of the game. Because of his solid inside footsteps and passing the ball, his cooperation with his teammates can often achieve the effect of 1+1 greater than 2, which becomes the tactical axis of the team. Looking at the history of CBA, few people can have such influence on the game at the age of 18, which is enough to show Yang Hansen’s special and outstanding.

In this campaign, Yang Hansen’s data was 6 of 12 shots, including 1 of 3 points, 0 of free throws and 2 of 0, and scored 12 points, 14 rebounds, 9 assists, 1 steal and 2 blocks.

Because of his outstanding talent, Yang Hansen is expected by most people outside, and even expected to hit the NBA in the future. In the past, Wang Zhizhi, Yao Ming, Yi Jianlian and other famous coaches went to play in the NBA between the ages of 20 and 22, so the 18-year-old Yang Hansen still has a few years to grow up. In the next two to three seasons, if Yang Hansen can show his dominance in CBA, grow into a CBA star and lead the Qingdao men’s basketball team to create good results, I believe that Yang Hansen has the opportunity to attack the NBA, and everything depends on whether he can make continuous progress.

At present, there are still many personal shortcomings of Yang Hansen, such as lack of physical strength, lack of physical fitness at critical moments, and lack of accuracy in shooting. These problems need some training to make up. Rome was not built in a day. To become a top athlete, Yang Hansen needs to do more.

Do you think Yang Hansen can become a top athlete in the future?

(Lin Xiaoyu)

Tom Brady became a minority shareholder in Birmingham City Football Club.

Recently, seven-time Super Bowl champion Tom Brady has become a minority shareholder of the champion team Birmingham City Football Club.

The NFL legend retired from the sport in February, and now he has established a "partnership" with Knighthead Capital Management LLC, the new owner of the Blue Army. Brady became the chairman of the new advisory board of St Andrews. "Tom Brady’s joining Birmingham City is a statement of intention. We are setting world-class standards, "said Tom Wagner, co-founder of Knighthead.

"Tom has invested both time and extensive professional knowledge," he continued. "As the chairman of the advisory committee, Tom will have a direct impact on the club. Men, women and the college team will all benefit from [his] knowledge. Tom’s goal is to make Birmingham a respected leader in nutrition, health, health care and recovery in football. "

Brady’s latest move into English football came after JJ Watt, the former NFL defensive end, took a similar move. Watt became a shareholder of Burnley in May, and actor and producer Michael B. Jordan also invested in Bournemouth at the end of last year. In addition, American golfers jordan spieth and Justin Thomas, as well as NBA All-Star Russell Westbrook, are now minority shareholders of Leeds United.

Birmingham City continues to say that Brady will also work closely with the management committee team in global marketing and finding business cooperation opportunities.

Davis’ contract renewal is risky, but it is a win-win situation for him and the Lakers!

In the offseason of 2023, the Lakers mainly focused on maintaining core continuity, which helped them achieve an impressive turnaround in the most recent season. Despite the topic of LeBron’s retirement, the Lakers still have a lot of plans for this offseason. This week, they reached the most important part, that is, the first day when they were eligible to renew their contracts in anthony davis. According to The Athletic’s sources, he reached a three-year contract with the Lakers with a maximum salary of $186 million.

Overall, the 30-year-old Davis will work with the Lakers for five years, with a contract value of about $270.5 million. After re-signing Austin Reeves, Ba Cun Bases and Russell earlier this summer, another offseason goal of Los Angeles is to leave a cornerstone for the Lakers’ future, that is, to renew Davis’ contract in advance.

This three-year contract renewal ensures that Davis will remain a member of the Lakers until 2028, anchoring him as a bridge to the next basketball era after the Lakers era in lebron james (whether because of retirement or joining another team).

Davis has two years left on his current contract, totaling $83.8 million, and he is eligible to renew it on Friday. Davis and the Lakers need to reach a contract agreement before October 23rd (the day before the start of the regular season). Rob Pelinka, vice president and general manager of Lakers basketball operations, and Ricky Paul, Davis’ agent and CEO of Klutch Sports, were inspired by the team news, and they hoped to complete the signing as soon as possible.

Davis’ new contract will take effect in the 2025-26 season, which is the largest contract renewal in NBA history. It is estimated that the average annual salary is about 62 million US dollars.

"As a member of the Lakers, I have a very high opinion of anthony davis." Pelinka said in Las Vegas on July 9. "He helped our team win the championship. He is an incredible captain and leader. Last year, we saw that he was willing to stick to the game in the case of injury and took our team to the Western Conference finals. Therefore, I am very happy that he is a member of our team. "

This renewal is a win-win situation for both parties. The Lakers have ensured the stability in the next five years, and no longer need to worry about the disaster scenario that after LeBron retired, Davis chose to quit his contract and become a free agent next summer. At the same time, Davis also gained a long-term sense of security. If he did not renew his contract and was injured again this season, this sense of security may no longer exist.

This is the second time that the four-time All-Star has chosen to maintain immediate certainty with the Lakers instead of taking risks to pursue a longer-term contract. As early as 2020, after the Lakers won the championship, Davis signed a five-year contract with a total amount of $190 million, instead of signing a short-term contract-then returning to the free market in 2021-and then signing a five-year contract.

At that time, it took Davis more than a week to sign with the Lakers. This time, the two sides reached an agreement within a few hours.

If anything, this renewal may be more beneficial to the Lakers, considering that they will save a lot of money in this contract compared with the situation of their expired contract. Because another situation might happen, Davis refused to renew his contract, but chose to exercise his right to jump out of the contract in advance and become a free agent in 2024.

Davis was entitled to sign a five-year contract worth more than $304 million (basically the same as Jaylen Brown’s contract)-plus the salary for the new season, it is equivalent to six years, and the total amount will be $344.5 million instead of five years, with a total amount of $270.5 million, a difference of more than $70 million. The Lakers will eventually pay Davis less than his maximum annual salary in the 2024-25 season and reduce the risk at the end of this contract. Remarks: Davis was only 35 years old when the current contract ended, but in another case, Davis was 36 years old! )

Last season, Davis re-established his position among the top ten players in the league, averaging 25.9 points, 12.5 rebounds (the highest in his career, the most for players with more than 50 games), 2.6 assists, 1.1 steals and 2.0 blocks per game, in 56 games. His hit rate (56.3) and true hit rate (62.7) are the highest in his career.

At the beginning of the season, there were signs that the Lakers were handing over the offense to Davis, even carrying the whole team to a great extent. However, a complicated foot injury in mid-December made him miss 20 consecutive games, and on the offensive end, he never returned to his original level (his average score was 28.1 points before the injury and 24.7 points after the injury). Nevertheless, after James tore his hamstring in February, Davis tried to make a comeback as soon as possible, and the team led the team to play a good performance after strengthening at the trade deadline.

In the playoffs, Davis dominated both offensive and defensive ends, averaging 22.6 points, 14.1 rebounds (the most in the playoffs), 2.6 assists, 1.4 steals and 3.1 blocked shots (the most in the playoffs) in 16 games. In the first two rounds, he was the best defender in the league, and it was not until the attack against nikola jokic in the Western Conference finals that he was slightly restrained (even so, Davis averaged 26.8 points, 14.0 rebounds, 2.3 assists, 1.3 steals and 2.8 blocks in four games against Denver). Equally important, Davis played 47 times in the team’s last 50 games, including 26 consecutive games (this is his longest consecutive appearance since the 2016-17 season).

Of course, this renewal is not without obvious shortcomings for the Lakers. Davis has a long history of injuries, which is worrying for a player who will turn 35 at the end of his contract. There is enough data to show that he will miss at least 15 to 20 games every season. In Los Angeles, he missed at least 26 games for three consecutive seasons, including two missed 36 or more games. Since the 2017-18 season, he has not played 65 or more games for four consecutive seasons.

It is possible for the Lakers to find a way to manage his load, so that he can play less time when he enters the age of 30, or rest during back-to-back games. But every time he is injured, and the situation happens more than anyone else, there is always a worry that he may be seriously injured.

Another less discussed problem is that Davis, as a big man who can project from outside, his projection efficiency drops sharply. One of the reasons why the Lakers are so strong in the 2019-20 season, especially in the playoffs in the NBA bubble, is Davis’ impressive jump shot. His most famous scene as a Lakers player is still his winning three points in the second game of the 2020 Western Conference Finals.

Since then, Davis’s shooting has regressed, especially the three-pointers (in every season in Los Angeles, his shooting frequency has decreased year by year, and his three-pointer percentage has been 26.0% or lower for three consecutive seasons). If Davis can’t restore his shooting touch, the Lakers will continue to be limited in building the lineup and the best lineup (if Davis can’t open the lineup as before, then the concept of building the lineup of two big men is absurd).

In addition, there is the problem of Davis’ offensive stability, which is partly due to his shooting problem. In the playoffs, Davis’s offensive performance every other game-he scored more than 20 points three times in a row-won the nickname "alternate day" from cynical fans, which was a joke on his AD abbreviation. In the playoffs in 2023, his score dropped by a third (from 25.9 to 22.6), and sometimes the Lakers felt that they needed more performance on the offensive end.

At this point, it is certain that Davis’ offensive limit is still as high as that of Jokic, Brother Alphabet and joel embiid (see the first game of the 2020 Western Conference Finals against Denver), but his offensive reliability is not as good as those players in every night’s game. Nevertheless, as long as James maintains the level before the foot injury and players like Reeves, Ba Cun Bases and Christie continue to grow, the Lakers should be able to offset Davis’ offensive instability next season.

Even with these concerns, the Lakers must make a decision to renew their contracts in advance. Not long ago, seven or eight years ago, they couldn’t sign a superstar. Before James signed the contract in 2018, the Lakers were in trouble when they were looking for a player to replace the old Kobe Bryant. Their young core is exciting, but these players have not yet become superstars with championship-level strength. James’ joining attracted Davis who wanted to leave New Orleans after seven seasons.

The Lakers have rebuilt their reputation and remain one of the best destinations in the league. But the free agent market no longer works as it used to. Superstars rarely change teams in this way, but often re-sign with their existing teams and then ask for a change of teams through transactions. At present, the Lakers don’t have enough assets to be used to acquire superstars through trading. Letting Davis leave the free market (creating a lot of salary space) or trying to trade with other stars (or finally getting a star through a series of transactions) is no longer a wise strategy like in previous seasons.

With Davis’ health, the upper limit of the Lakers is clear: they are one of the best teams in the league and have the ability to win or compete for the championship. Davis maintained a healthy season twice, the Lakers won a championship and entered the Western Conference finals. Even in 2021, the Lakers maintained a 2-1 series advantage against the Phoenix Suns (who entered the NBA Finals that season), and then Davis withdrew in the fourth game due to a hamstring injury.

At his peak, Davis was still one of the best 10 to 12 players in the league, and even one of the best two centers (he and Embiid). Those who accuse him of unstable attack often ignore his defensive dominance. In his first two seasons with the Lakers, the Lakers ranked the top three in defense. After the trade deadline last season, once he had the right defensive players around him, the Lakers became the best defensive team in the league. He is only 30 years old, and he still has a long peak. (Pelinka confirmed in July that the Lakers are confident that Davis can fully recover from the stress reaction of his right foot and the fracture of his spur. )

Unlike the previous offseason, the Lakers have begun to plan their future lineup. The contracts of Reeves, Bacunlei and Gabe Vincent will last at least until 2025, and now Davis’ contract will last until 2028. James will enter his 21st season, and he has player options in 2024-2025. In view of the uncertainty surrounding his future, the Lakers need to keep Davis. It is a wise decision to renew him.

In the future, Davis will be the mainstay of the Lakers’ marketing to potential superstar teammates. According to Spotrac, Brother Alphabet, Jayson Tatum and Donovan Mitchell may all become free agents in 2025, if they reject the player option.

By that time, Davis will be 32 years old, and may have entered the downhill stage of his career, but his versatile skill combination and potential outside stars are attractive qualities. He should continue to maintain his position as an outstanding defender and insider overlord in the game in the next few years; Davis has been quietly adjusting his game style in the past few seasons because his injury has weakened some of his athletic abilities. His willingness to back down and accept the choice of being the top number two star-just as he and James joined the Lakers at their peak-shows that another superstar can sign a contract in Los Angeles and take on more leading roles and spotlight.

Some people may be surprised by Davis’ contract, but if Davis retires tomorrow, his time in Los Angeles will undoubtedly be a successful chapter.

After arriving from New Orleans in a big deal in 2019, Davis and James helped the Lakers win the championship in 2020. Last season, he almost helped the Lakers win the second championship. Many people think that Davis is the best player of the Lakers in their Western Conference finals. If there were any doubts before-in fact, there shouldn’t be-Davis’s No.3 jersey will one day be hung on the top floor of Arena, Crypto.com, along with the jerseys of other great Lakers big players, such as George McCann, wilt chamberlain, Kareem Abdul-Jabbar, shaquille o’neal and pau gasol.

Until then, Davis and the Lakers will continue to maintain their fruitful partnership after the formal contract renewal, which will provide both sides with the stability they seek.

Chelsea are interested in signing Serbian striker Vlahovic.

According to Express, Chelsea Football Club has submitted an offer for Juventus’ Toussaint Vlahovic. After a disappointing season, Chelsea are looking for a striker in the market and may snap up Toussaint Vlahovic this summer. The 23-year-old player was rumored with Arsenal in the past, but the Gunners finally signed Gabriel Jesus. Chelsea are not the only Serbian teams that have made an offer, including Bayern Munich and Atletico Madrid.

23-year-old Toussaint Vlahovic has played 41 games for the Bianconeri this season, scoring 14 goals and 4 assists. At present, the price of Germany is 75 million euros. Last season, Toussaint Vlahovic was praised as a player who can be discussed with Harland. Due to injury, Toussaint Vlahovic’s condition has obviously declined this season. In 21-22 season, he played 45 games, scored 29 goals and 6 assists.

This player, who started his career in Belgrade Guerrilla, a Serbian giant, spent 3.4 million euros on Viola in 2018, bringing him to Italy. In more than three years in Florence, he played 108 games for Florence, scored 49 goals and made 8 assists, and his worth also rose from 1 million in less than three years.
It rose to a peak of 85 million euros. In 2022, Juventus, which urgently needed to introduce a striker, signed him with a transfer record of 81.6 million euros. In his first season at Juventus, he made 15 appearances and scored 7 goals. However, this season, I missed a total of 11 league games due to injury, and the injury time reached more than three months.

Due to the influence of various factors, Juventus’ record is not good, and the team’s funds are also very problematic. At present, Juventus is open to the transfer of Vlahovic. I believe that as long as the offer is right, the Serbian is likely to leave the team in the summer window. Do you think Chelsea can sign this player?

In-depth analysis of the present situation and development prospect of intelligent manufacturing in China

Recently, the "Government Work Report" was officially released in 2023. The government work report also made important arrangements for the development of industrial industry, emphasizing "accelerating the construction of a modern industrial system, accelerating the digital transformation of traditional industries and small and medium-sized enterprises, and striving to improve the level of high-end, intelligent and green." In view of the difficulties encountered in the process of digital transformation of manufacturing enterprises, Zhang Jianwei, director of Lenovo Consulting and Delivery Center, shared the successful cases of digital intelligence transformation of Lenovo-empowered intelligent manufacturing enterprises, which can provide Lenovo’s practical experience for manufacturing transformation.

The concept of intelligent manufacturing is not a new topic in China. Looking at the development market of enterprises in China, we summarize the core problems that hinder the development of intelligent manufacturing as follows:

Lack of practical methods:With practical methods, enterprises can put their ideas to the ground. At this stage, enterprises are more discussing concepts and strategies, and lack the implementation methods of strategy landing;

Lack of valuable entry point:China’s manufacturing industry is in urgent need of intelligent manufacturing, and the value that intelligent manufacturing can bring to China’s manufacturing industry is also considerable, but from which level and angle should we cut in? It is an important problem that puzzles the CIO/CTO of enterprises;

Lack of best practices:In the absence of best practice cases, China enterprises should rely more on their own self-reliance, cross the river by feeling the stones, and open up a road of their own practice.

As a representative enterprise of China’s advanced manufacturing industry, Lenovo believes that the core of intelligent manufacturing of China enterprises is to aggregate total data, intelligently drive business changes, realize the continuous realization of digital value by solving practical business problems, and then complete the intelligent iterative upgrading of manufacturing industry. To this end, Lenovo has built an intelligent manufacturing panorama with data-driven intelligence as the core. Simply put, Lenovo Intelligent Manufacturing Panorama can be divided into three layers:

The first layer: the element layer.

Focus on the manufacturing factors concerned by the traditional manufacturing industry, including labor equipment, raw materials, process environment and a series of contents, and realize the complete digitalization of the basic level through the digitalization and intelligent upgrading of the manufacturing factors; Realize the interconnection of all things through advanced digital technologies such as industrial internet, integrate production factors together, better form a whole, and play the relevant value of production factors from the perspective of the whole value chain;

The second layer: the operation layer

Based on the interconnection of everything in the factor layer, the data generated in the actual production and operation process of enterprises, such as scheduling, manufacturing, supply chain coordination, logistics management and other key links, are integrated into the business layer, and the business development iteration is driven by data value, thus realizing the realization of data value and intelligent manufacturing value;

The third layer: intelligence

Form a relatively primitive intelligent plan, and carry out a series of business intelligence such as intelligent manufacturing and intelligent supply chain collaboration. After realizing business intelligence, based on the complete digitization of output data and elements, it can realize global visibility and intelligent decision-making for managers, and then move towards the final so-called data-driven. Without decision-making by human beings and intervention by managers, the data-driven business is realized completely through data, artificial intelligence and related digital technologies, and the continuous optimization of the operation and management of the whole enterprise is realized.

After constructing the panorama of intelligent manufacturing transformation, Lenovo carried out the practice of internalization and externalization in the following years, which brought many values to the actual development of manufacturing industry:

01

Intelligent manufacturing scene landing
Optimization of battery manufacturing process

New energy battery is one of the hot development industries in the world. Based on advanced technologies such as big data and machine learning, Lenovo applied LEAP HD and LEAP AI platforms to build a capacity prediction model to optimize the constant volume process of energy storage batteries.

In the process of battery production, the battery capacity needs to be fixed and divided to determine whether the battery meets the standards. In this process, enterprises are faced with problems such as long time consumption, high space occupation, high cost and high labor consumption. In the whole process optimization scheme, Lenovo has effectively helped customers to improve the on-time delivery rate, inventory cost, capacity utilization rate and comprehensive energy efficiency from three perspectives: key process data processing, accurate model prediction and sustainable development, and realized the optimization of battery constant volume and capacity separation process:

Business consultation:Clear up the key process sections through consultation and communication, including what are the key parameters that affect the quality? Where are the relevant data that affect these parameters? What are the data sources? Help customers to understand the current situation, plan their goals and prepare relevant plans;

Data integration:Through big data technology, a series of data such as related processes and equipment quality inspection are integrated to lay a good foundation for the later artificial intelligence algorithm and ensure the smooth operation of computing power;

AI algorithm implementation:Through the preliminary analysis, the specific data content and the specific core parameters affecting the process are clarified, and the relevant business analysis is carried out to help customers jointly optimize the relevant parameters, so as to achieve the final process goal optimization.

In the process of upgrading and optimization, Lenovo builds a dimension reduction model through logical modeling, including related methods of artificial intelligence and collective learning, to ensure the stability of large-scale data processing, the accuracy of prediction model and the guarantee of sustainable development, and solves the bottleneck of prediction model in actual production and operation by applying multi-strategy network optimization and machine learning model.

After the project was put into production, the construction period in the whole production process was shortened from six days to one day; Product inspection is realized by artificial intelligence algorithm, which improves the overall inspection efficiency and site utilization rate by 30%; Also with the help of artificial intelligence, the number of technicians decreased from 20 to 10. It is predicted that the optimization scheme can save about 270 million manufacturing costs for the production of single battery every year.

02

Intelligent manufacturing scene landing
Improvement of warehousing logistics performance

In the field of logistics, the focus of transformation is more on the optimization and management of warehousing. Many enterprises, especially those like Lenovo, take up a large part of the inventory cost. If there are too many offline warehouses, it will affect the inventory cost and occupy the whole production market, which may lead to risks for the site and space. If there are too few side libraries, it will lead to insufficient capacity utilization and unable to carry out continuous production reasonably. These two problems can be overcome by enterprises through the warehousing and logistics solutions of digital factories.

Line-side warehouse is also the storage part, which involves not only the warehouse, but also related processes and related equipment, including related information systems. To solve these problems, a complete solution is needed.

In the past, the solutions in the market were mostly piecemeal. If the equipment efficiency is not high, change the equipment and change it to more intelligent equipment. If the information communication is not smooth, increase the information system; If the process is not clear, sort out the process. In fact, this has brought great waste to the investment of enterprises, and the cycle and yield of the whole project will also be greatly reduced. On this issue, Lenovo has adopted a three-part approach.

First of all, help customers smooth the process through preliminary consultation, and identify the pain points, difficulties and problems to be solved in the online library management process. Then, based on the overall scheme, aiming at the combination of hardware and software and the combination of reality and reality, the related storage equipment is upgraded.

At the same time, digital systems such as WMS and WCS can fully mobilize the factors of production between equipment and people, so that these factors of production can better form a closed loop of value under the drive of informationization and digitalization, and improve the overall efficiency, thereby improving the management and application efficiency of the entire line-side library, reducing inventory and improving the continuous productivity of the production line. After practical application, the scheme has improved the overall storage capacity by more than 15%, the distribution efficiency of the roadside warehouse by 25%, and the accuracy of inventory delivery by 100%.

03

Intelligent manufacturing scene landing
Optimization of planned production scheduling system

As a upstart in the industry, this customer has developed very rapidly in the high-tech industry in recent years, and its business is growing at a rate of 200% or even 300% every year, which also brings great problems. The high-speed business development makes it difficult for its existing information support auxiliary means to provide the required support, which in turn leads to the lower and lower operating efficiency of enterprises, and it is difficult for managers at all levels to control the overall situation and provide scientific and accurate relevant guidance to the business.

Based on this, Lenovo packaged its own digital supply chain package, and used intelligent planning and production scheduling technology as the best practice of endogenous and exogenous strategy landing. Through Lenovo’s similar global delivery mode and complex supply chain network system, it empowered customers to realize the overall digital ability improvement. After the implementation of the project, it has effectively helped customers to improve the on-time delivery rate, inventory cost and capacity utilization rate, including the comprehensive number of people and energy efficiency.

In addition, Lenovo has joined hands with manufacturing enterprises in chemical fiber manufacturing, automobile manufacturing, wind power manufacturing, hydropower manufacturing, hardware manufacturing and other fields to provide digital and intelligent transformation services from hardware to software, which has achieved a comprehensive improvement in the hard power of enterprises.

In the future, Lenovo hopes to co-create its own business practice with its customers’ business, integrate its own computing power and infrastructure capabilities with its customers’ business development scenarios, and join hands with more manufacturing partners to go further and faster in the process of digital modernization and transformation.