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Intelligent driving down to 100 thousand yuan market： under the equal rights of science and technology, intelligent driving manufacturers are moving towards division

21st century business herald trainee reporter Jiao Wenjuan reports.

"The era of intelligent driving for all is coming!" After the release of the intelligent driving function of the new M7 Pro, Yu Chengdong predicted.

Baojun Yunhai, which was listed a few days ago, comes standard with Lingmiao Intelligent Driving 2.0 Max, bringing intelligent driving into the market of 100,000 yuan; Huawei HarmonyOS announced a time-limited direct drop of 6,000 yuan to 30,000 yuan, and Tesla FSD announced a price reduction of 4,000 dollars to 8,000 dollars in the US market … When smart driving function is becoming the choice of more and more consumers to buy cars, OEMs and suppliers are leading smart drivers into the sinking market.

At present, there are two main types of companies that make great efforts in intelligent driving: one is the main engine factory that insists on the self-developed intelligent driving scheme, and the other is the intelligent driving scheme provider represented by technology companies, and the latter is gradually becoming the "Tier1" in the era of intelligent driving, such as Huawei and Zhuoyu Technology (formerly DJI Vehicle).　

The pressure of reducing costs and increasing efficiency of the main engine factory is being transmitted to the upstream intelligent driving manufacturers. The smart driving scheme of 1,000 yuan has become a trend, and the sinking of high-level smart driving also requires suppliers to reduce costs more and more. However, due to the large investment in research and development in the early stage, poor expected income and difficult financing, the superimposed track is gradually crowded, and the performance of second-tier smart drivers is under pressure. In August, Heduo Technology was thundered, and in the first half of the year, the losses of smart driving business of many second-tier suppliers expanded.　

"The decline in sales profits is an unavoidable topic in the industry." On October 18th, at the theme forum of "China Automotive Intelligent Technology Industry Trend", Qi Zhenghua, CEO of Magic Vision Intelligent Technology, said, "From car companies to suppliers, there are too many players now (smart driving track). For our enterprises, it is necessary to get through the past few years first, and the dawn of the future is still ahead."

"2025 will be the final point of high-level intelligent driving. After five years, high-level automatic driving will begin to become standard; Ten years later, manual driving will become news. " Chen Liming, president of Horizon, once said at the 2024 World New Energy Vehicle Conference.

Smart driving and sinking again: exploring the market of 100 thousand yuan

Generally speaking, the 300,000-yuan model is an entry-level model equipped with L2-level and above high-level intelligent driving. However, in recent two years, the OEM that shouted "equal rights in science and technology" is trying to bring high-level intelligent driving into a sinking market.

From the demand side, "models with high-level intelligence and pricing in the mass market will be products with higher consumers’ willingness to buy cars." Huang Xili, assistant director of soochow securities and chief analyst of automobile industry, said. Hua Fu Securities also pointed out in the research report that smart driving is becoming the main consideration for more and more consumers to buy cars. The order ratio of Tucki G6 Max version is over 70%, and the order rate of high-end intelligent driving version reaches 60% among the 100,000 orders of the new M7.

Zhijia has dropped to the market of 100,000 yuan. Baojun Yunhai, which was recently listed, comes standard with Lingbi Zhijia 2.0 Max, equipped with a map-free city memory pilot, and the starting price is only 109,800 yuan; Deep blue L07 is positioned in the market of 150,000 yuan, among which the model equipped with Huawei Gankun Zhijia ADS SE solution starts at 166,900 yuan.

Zhang Zhuo, general manager of BYD Auto Ocean Network Sales Division, once said that he would continue to give full play to the advantage of "low cost" and hoped that in the next two to three years, BYD’s self-developed and self-produced intelligent driving system would be fully realized as standard for vehicles with a price of about 150,000 yuan or even less.

However, all major car companies are making efforts end-to-end, accelerating the landing of urban navigation assistance functions.

Gao Yinan, chief analyst of changjiang securities Automobile, believes that domestic car companies will maintain continuous investment in intelligent driving. In the short term, NOA in cities will gradually land, and the "end-to-end" intelligent driving algorithm of domestic head car companies will be pushed one after another. Intelligent driving is expected to change from quantitative to qualitative, and the use experience will be greatly improved.　

There are two main ways for car companies to provide high-level intelligent driving services. One is to provide optional packages with high-level intelligent driving functions at specific prices, which are mainly divided into buyout prices and subscription prices; The other type is to use the high-end intelligent driving function as standard through the high-end version of the model, and charge by the car price.

The price of getting on the bus of Zhijia is also constantly decreasing. Since July, Huawei’s ADS high-level intelligent driving scheme has been lowered from 6,000 yuan to 30,000 yuan, and its high-level functional package of Gankun Intelligent Driving ADS SE (Gankun Intelligent Driving Basic Edition) has been purchased at one time for only 5,000 yuan.

On the dark blue model, the standard version price of Huawei Gankun Zhijia ADS SE solution is 20,000 yuan. In the first half of this year, Tesla also announced that the optional price of FSD in the US market will be greatly reduced from $12,000 to $8,000. The 7 V+32 TOPS configuration provided by DJI vehicle will gradually become the standard of 80,000 ~ 150,000 yuan vehicles from this year, and the minimum 80,000 yuan vehicles can have high-order intelligent driving function.

However, the cost of R&D of advanced smart cars is too high. Yu Chengdong once said that Huawei’s advanced smart cars with less than 300,000 yuan are basically sold at a loss. Under the sinking trend of the market, the pressure of cost reduction is being further transmitted upwards, and the intellectual driving technology war is becoming a long-term "capital consumption war" to some extent.　

Smart driving suppliers, the fate is divided.

Most OEMs insist on self-developed or imported smart driving schemes. Under the circumstance of reducing costs and increasing efficiency in the industry, smart driving manufacturers are affected.

"Most startups have basically withdrawn from the market in the past two years, and projects and competition have become more and more concentrated. I think this is a very obvious change in the past two years." Li Lele, executive vice president of Desai Siwei and general manager of Intelligent Driving Division, said in an interview with the media.

As a key supplier in the upstream of the industrial chain, the market share of head smart driving manufacturers has further increased. Ping An Securities pointed out in the research report that by the end of August 2024, Huawei had about 320,000 ADS advanced smart drivers.　

Head manufacturers are leading the market price and cost price of smart driving solutions to continue to drop. In the context of the continuous exploration of high-order NOA, "cost performance" has become the key word of the intelligent driving scheme. In the mass production boarding stage, the scheme of thousand-yuan intelligent driving manufacturers is becoming a trend, and intelligent driving manufacturers compete for cost control strength. The basic version of DJI 7V+32TOPS costs about 5,000 yuan, the hardware cost of Millimeter Zhixing HP170 is only 3,000 yuan, and the raw material cost of the integrated scheme of black sesame intelligent parking is less than 3,000 yuan.

Intelligent driving has been a "burning money" track from the beginning. Without long-term R&D investment in the early stage, it is difficult to achieve cost control. Under the influence of the price war, many smart driving solution suppliers had poor performance in the first half of this year, and some smart driving manufacturers had difficulties in survival.

Even with orders from BYD, Volkswagen, Chery, Great Wall, Tucki and other OEMs, NavInfo’s volume and profit fell in the first half of this year. According to the financial report, NavInfo recorded a net loss of 20.62% to 360 million yuan in the first half of this year, the gross profit margin continued to drop by 12.5 percentage points year-on-year to 33.11%, and its smart driving business revenue decreased by 13.7% year-on-year.

In August this year, due to the tight capital chain, Heduo Technology has begun to dissolve the core departments such as data and R&D and suspend R&D activities. It is understood that the mass production plan of Heduo Technology is far less than expected, which leads to problems in the company’s cash flow.　

Previously, Heduo Technology mainly provided regulatory module support for Guangzhou Automobile’s intelligent driving scheme. According to the plan, this high-level intelligent driving scheme will be carried on Guangzhou Automobile Chuanqi model. However, due to the operational difficulties caused by the break of the capital chain, GAC’s smart driving suppliers have become companies such as Baidu and Momenta.

The current income of smart driving manufacturers can be affected by the fact that the order quantity under market competition is less than expected, or the delay in the delivery of the models of the main engine factory. In the first half of this year, the growth rate of operating income of Zhongke Chuangda’s smart car business slowed down, and the growth rate dropped by more than 37 percentage points year-on-year. The financial report shows that Zhongchuang Keda recorded a net loss of more than 330 million yuan in the first half of this year, more than last year. Zhongke Chuangda said that in the first half of the year, the growth rate of the company’s smart car business temporarily slowed down due to unfavorable factors such as the prolonged acceptance period of automobile manufacturers and the less-than-expected shipment of some manufacturers’ models.

Orders are difficult to sign, and many second-tier smart driving manufacturers mainly get orders through binding with the OEM. An insider of a smart driving supplier told reporters, "Now L2 is already the price of cabbage, but the competition for signing this kind of order is fierce, and there are not enough porridge."　

The iterative acceleration of intelligent driving technology update and "end-to-end" have become the focus of this year’s efforts. "End-to-end is the mainstream direction and requires internal resources from all sides." A smart driving R&D engineer told reporters, "However, this also means that the company’s investment continues to increase." According to public information, Huawei’s expenses related to smart driving are as high as $1 billion per year, and Tucki plans to invest a total of 3.5 billion yuan in research and development of "AI technology with smart driving as the core" this year.

For some smart driving suppliers, the continuous R&D investment has not been filled by timely revenue and financing, which is causing profit losses. The R&D expenditure of Jingwei Hengrun, which has been deeply involved in L4 high-level intelligent driving, is increasing year by year, with a year-on-year increase of 36.03% to 630 million yuan in the first half of this year. But the income has not kept up with the expenditure on research and development. The financial report shows that Jingwei Hengrun recorded a net profit loss of 275% to 330 million yuan in the same period. Jingwei Hengrun originated from the ADAS business of automobile hardware, and is now taking high-level intelligent driving as its main force direction. However, according to Jingwei Hengrun, the company currently has high-speed NOA customer projects in mass production, and it is expected to enter the mass production delivery state next year.

The financing problem can also recreate the next crop. At present, the financing market tends to be cautious, and capital is flowing to NOA high-end intelligent driving suppliers. Judging from the public information, the last round of financing of smart driving star enterprises, including Black Sesame and Horizon, all took place in 2022. A few days ago, Yihang Intelligent, a supplier of self-driving mass production solutions, completed hundreds of millions of C-round financing. The future goal of Yihang Intelligent is to be a medium-to-high-level solution with moderate computing power and realize functions such as high-speed NOA and urban memory navigation. However, it is not so easy to get financing. According to insiders, investors will prefer companies that have already landed projects or have fixed-point cooperation with OEMs.

Another way to seek financing is to go public. Since the beginning of this year, autonomous driving manufacturers have "teamed up" to sprint IPO. According to the prospectus, from 2021 to the first half of 2024, the cumulative loss of Wen Yuan Zhixing, a self-driving unicorn, exceeded 5.1 billion yuan, and it was twice postponed to seek listing financing. Even Horizon, the highest-paid autonomous driving industry in China, is seeking to go public.

More new players-technology companies cross the border, and smart driving solution providers may usher in an accelerated reshuffle. Defying Technology and Iflytek entered the market in the second half of last year, and based on their accumulation in AI and technology, they released their own intelligent driving solutions.

Head manufacturers are making efforts to sink into the smart driving market, and companies without financial strength will face the crisis of elimination. Before the final, high-level intelligent drivers will face a market battle.

Gree Group welcomes the ＂new head＂!

Zhuhai Gree Group Co., Ltd. (hereinafter referred to as "Gree Group") ushered in a "new head". According to official website information of Gree Group, Kang Hong has officially become the Party Secretary and Chairman of Gree Group.

Image source: Gree official website

After 70, the young generation took charge of the leading state-owned enterprises in Zhuhai.

According to public information, Kang Hong, male, born in 1976 in Sichuan, graduated from Lingnan College of Sun Yat-sen University, and previously served as Deputy Secretary General of Zhuhai Municipal People’s Government. Kang Hong has worked in Hengqin for many years, successively serving as the deputy director of Zhuhai Hengqin New Area Coordinated Development Committee, the director of Hengqin New Area Development and Reform Bureau, the director of Hengqin New Area Commerce Bureau, and the deputy director of Hengqin New Area Management Committee (in charge of development and reform, finance, state-owned assets and financial work).

Besides, Kang Hong also has working experience in xiong’an new area. In April, 2021, Kang Hong, as a temporary cadre selected by the Central Organization Department, went to xiong’an new area for temporary training. He was appointed as the deputy general manager of China Xiong ‘an Group Urban Development Investment Co., Ltd. and the deputy director of Xiong ‘an District Management Committee of China (Hebei) Pilot Free Trade Zone, and was responsible for the construction of provincial key projects such as Rongdong ‘an Housing Group G, Xiong ‘an Business Service Center and Xiong ‘an International Hotel, and was in charge of property management, commercial investment, industrial investment and commercial operation in resettlement areas.

According to the information of official website, on the eve of the Spring Festival in 2024, Gree Group carried out pre-holiday safety production inspection and trade union condolence activities. Kang Hong, Party Secretary and Chairman of Gree Group, led a team to Zhuhai 12-inch TSV three-dimensional integrated production base Phase I, Gechuang No.1 and other projects under construction to conduct research, supervise the pre-holiday safety production work on the spot, and send warm condolences to front-line construction personnel.

Kang Hong expressed his gratitude to the builders for their efforts in striving for nodes, ensuring quality and promoting production of Zhuhai industrial projects, and stressed that all units should adhere to the principle of "real words first" and turn the sense of responsibility of "always worrying" into the action of "knowing everything" to effectively ensure that all work in safety production is carried out in detail; It is necessary to adhere to the fine print, pay close attention to the implementation of responsibilities, consolidate the work in key areas, strengthen the emergency duty work, ensure that the personnel on duty at all levels of the project are "on-the-job, on-the-job, and responsible", and go all out to maintain the stable and orderly production safety situation at the project site during the Spring Festival.

Image source: Gree Group official website

In the opinion of analysts, this new job can also give full play to Kang Hong’s experience in park construction, area development, industrial investment promotion, etc., and is expected to lead Gree Group to play a greater role in Zhuhai’s industrial battle.

The total assets of Gree Group exceed 113.2 billion yuan.

Established in March 1985, Zhuhai Gree Group Co., Ltd. is the first state-owned capital investment and operation platform in Zhuhai. Since the beginning of the new journey of "second venture" at the end of 2016, Gree Group has made every effort to promote the reform of state-owned capital investment and operation companies, and has gradually formed a "five-in-one" comprehensive development pattern with "scientific and technological innovation" as the core and "capital operation+industrial investment+industrial introduction+carrier construction+service operation" as the main line. By the end of 2023, the total assets of Gree Group exceeded 113.2 billion yuan and the total owner’s equity exceeded 48.3 billion yuan.

Gree Group is the controlling shareholder of Gree Electric, a listed company. Since 2006, the group has continuously reduced its shareholding in Gree Electric. In 2019, Gree Group signed a Share Transfer Agreement with Zhuhai Mingjun, a subsidiary of Gaochun Capital, stipulating that Zhuhai Mingjun would receive 902 million shares of Gree Electric held by Gree Group at a price of 46.17 yuan per share (accounting for 15% of the total share capital of Gree Electric), with a total transfer price of 41.662 billion yuan. After this mixed reform, Gree Electric has become an enterprise without controlling shareholders and actual controllers.

By the end of the third quarter of 2023, Gree Group held 3.44% of the shares in Gree Electric, making it the fourth largest shareholder of listed companies. By February 8, 2024, the total market value of Gree Electric was 203.5 billion yuan. As of the morning close of February 19th, Gree Electric reported 36.71 yuan, up 1.58%.

It is reported that in addition to Gree Group, many state-owned enterprises in Zhuhai have also announced new heads. A few days ago, Zhuhai Water Environment Holding Group Co., Ltd. also ushered in a "new coach"-Wang Zicheng has officially become the party secretary and chairman of the Water Control Group. Previously, he served as a member of the temporary party Committee and deputy head of the preparatory group of Hezhou New District.

In addition, Chen Shaoxing, former party member and deputy director of Zhuhai Municipal Transportation Bureau, has also taken up his new post as general manager of Zhuhai Transportation Holding Group Co., Ltd.. Zhuhai Transportation Holding Group Co., Ltd. is formed by integrating Zhuhai Transportation Group, Zhuhai Port Group and Aviation City Group, aiming at strengthening the supporting role of municipal enterprises in Zhuhai transportation and logistics field.

Proofreading: Gao Yuan

Country Garden has still fallen. Will it become the second Evergrande when it announces overseas restructuring funds？

The thunder storm in Country Garden has aroused widespread concern. In fact, Country Garden, like Evergrande, is a real estate giant that has risen rapidly through crazy leverage in the past few years. However, when the current real estate market tends to be calm, this leveraged model is no longer applicable. Country Garden must face the problems of declining sales and high asset-liability ratio while ensuring that it does not default.

On the other hand, from the sales situation, from 2022 to 2023, the national average price of Country Garden continued to decline, but the sales volume dropped sharply, and its sales were not as good as expected. Moreover, up to 69% of Country Garden projects are located in third-tier cities. With the liberalization of purchase restrictions in first-and second-tier cities, the demand of third-and fourth-tier cities may be diverted, which will further increase the difficulty of Country Garden.

Under the above background, Country Garden announced the restructuring of overseas debts, exchanging time for space. This means that the company can’t cover the interest-bearing liabilities and needs to solve the capital problem through debt restructuring. However, public default is bound to be accompanied by a series of chain reactions, including the sharp drop in sales, the cessation of cooperation among suppliers, the slow progress of the project, and the shrinking of assets. Country Garden can improve sales to solve the financial problem, but the price reduction is no longer possible. Can this road still work?

Judging from the management of housing enterprises, Country Garden executives attempted to imitate Evergrande and isolate and reduce their assets, which caused widespread concern in the market. However, the incident that Xu Jiayin was forced to take measures undoubtedly had a great deterrent effect on Country Garden. Yang Guoqiang doesn’t want to be the second Xu Jiayin. Country Garden actively guarantees the delivery of buildings, which is also a good thing for property buyers.

In a word, Country Garden must adjust its business strategy in time in order to be in an invincible position in the future market.

Country Garden Enterprise is one of the real estate developers in China, established in 1997, with rapid development and huge scale. Judging from the market performance and development strength, Country Garden enjoys a high reputation in the real estate field and is famous for its excellent residential projects.

However, just like any large enterprise, Country Garden also faces some problems. First of all, due to the large-scale development of Country Garden in many places in China, some local governments have raised concerns about over-reliance on the real estate industry and land finance. Secondly, Country Garden, as an enterprise, needs to pay more attention to social responsibility and sustainable development, such as strengthening investment in environmental protection and social welfare undertakings.

Recently, Country Garden’s reorganization of funds has aroused widespread concern. It is reported that Country Garden plans to solve its debt problem by raising funds and internal restructuring. This reorganization may have an impact on Country Garden’s shareholders, employees and suppliers. If the reorganization plan is successfully implemented, it may stabilize the financial situation of Country Garden and bring positive impact on the sustainable development of the enterprise.

However, there are also potential risks and uncertainties in the process of reorganization. For the investors and creditors of Country Garden, they may face some losses. In addition, the reorganization may lead to a chain reaction in the whole real estate industry, which will have an impact on related industrial chains and the job market. Therefore, the government and regulatory agencies should pay close attention to this incident and take appropriate measures to protect the interests of all parties and maintain market stability.

Generally speaking, as an important real estate enterprise, Country Garden plays an important role in China’s social economy. We need to keep an eye on its operation and restructuring plan, and hope that Country Garden can properly solve its problems and make positive contributions to society.

Here is reading the headlines, follow me to learn more. [Rose]

Let minors use the Internet well.

　　The Regulations on the Protection of Minors’ Network was officially promulgated recently. This is the first comprehensive legislation on the protection of minors’ network in China, which reflects the great attention and cordial concern of the party and the state for the growth of minors, and marks that the legal construction of minors’ network protection in China has entered a new stage.

　　As of June this year, the number of netizens in China has reached 1.079 billion, and the number of underage netizens has exceeded 191 million. Internet has expanded the space for minors to study and live, but some illegal and bad information also has a negative impact on minors’ physical and mental health. In addition, minors’ awareness and ability to use the network safely and reasonably is not strong, and it is necessary to strengthen the rule of law and build a new mechanism for the protection of minors’ network in the digital age to prevent personal information from being abused and addicted to the network.

　　The "Regulations" adhere to the problem orientation and focus on the outstanding problems faced by minors’ network protection. For example, indulging in the Internet has seriously affected minors’ physical and mental health and normal study and life, and has become a hot topic of concern to the whole society. The "Regulations" clearly require network products and service providers to establish and improve the anti-addiction system, refine the real-name registration system regulations of online games, establish and improve the rules of anti-addiction games, and guard against and resist the adverse value tendencies such as traffic supremacy. For network service providers, whether to enhance user stickiness is a key indicator of the success of product design, which is a natural contradiction with preventing users from indulging. To this end, the "Regulations" put forward requirements for some network platform service providers that have a significant impact on minors, such as regularly evaluating the impact of network protection for minors, providing models or areas for minors, and formulating special platform rules.

　　It should be pointed out that the "Regulations" do not simply position minors as protected persons, but regard them as important internet users, and fully respect their right to use the Internet. All the protective measures in the Regulations are aimed at supporting minors’ scientific, civilized, safe and rational use of the Internet, and it is clearly stipulated that it is strictly forbidden to interfere with minors’ addiction to the Internet in a way that infringes on their physical and mental health. This is the embodiment of the progress of legislative ideas in the new era.

　　The promulgation of the "Regulations" has further improved and perfected the system of laws and regulations on juvenile protection, and together with comprehensive laws, juvenile-specific laws, relevant administrative regulations, local regulations, departmental rules and supporting judicial interpretations, it has built a legal barrier to safeguard the rights and interests of adolescents.

　　The life of laws and regulations lies in their implementation. After the implementation of the Regulations, relevant government departments and enterprises, schools, families, industry organizations and news media should actively perform their duties in the network protection of minors, strengthen supervision and protection of minors’ network use, provide a safe and healthy network environment for minors, and create a clear network space. (This article Source: Economic Daily Author: Liu Liang)

ByteDance’s boss culture： honesty

Image source Tuchong creativity

Editor’s Note: This article is from the steering boat, written by Li Yanglin, and reproduced by the entrepreneurial state with authorization.

It is difficult for startups to escape the word "boss culture". Corporate culture reflects the boss’s style to some extent.

Before starting to study Zhang Yiming/Byte, the steering boat tried to get to know the company with Byte employees. Many people say that this company has a strong brand of Zhang Yiming and a boss culture. From system to process, Zhang Yiming’s thought has been well implemented.

So, what exactly is Zhang Yiming’s style?

These two words are obvious: honesty.

Many entrepreneurs in China are fans of Jack Welch, former CEO of General Electric (GE) Group, and so is Zhang Yiming. If Drucker helped Zhang Yiming deepen his understanding of "courage", then Jack Welch helped Zhang Yiming deepen his understanding of "frankness".

The frankness mentioned here does not mean that you can vent your emotions without scruple or make malicious subjective life attacks. Emotion and fact are two different things. “Emotion "hurts self and others, and" facts "can help self and others grow.

The frankness mentioned here means that under the premise of achieving the goal and solving the problem, everyone can put down their guard and communicate without consideration, express their views and put forward constructive suggestions. Lack of frankness will fundamentally stifle keen creativity, hinder quick action and prevent outstanding people from contributing all their talents.

Unfortunately, it is a common cognition of human beings to take good care of the scene and not be too frank. Because it can protect yourself well. Being too frank will lead to trouble. From childhood, we began to learn how to cover up bad news and make everything look good.

This social culture of "hello, I am good, everyone is good" has also been brought into commercial companies.

For example, we promote a project in the company, and the effect is not bad, but there is still a lot of space to iterate. Without iteration, the project will have no future.

But what are we often talking about when we hold project meetings?

It’s really not bad, we did our best, it was really excellent, I like you and so on. The impression left after the meeting was "We are not bad".

But everyone knows in their hearts that if this is the case, the future is extremely slim. How fierce the competition is outside.

Although everyone is very uneasy, they would rather feel better for everyone’s face, and even choose to give up exploring the future.This is what happens every day in many companies.

Zhang Yiming said that "dishonesty" in business life is actually a selfish performance. In order to make your own life and work easier, this kind of thinking is often short-sighted, and this lack of foresight may be rooted in cowardice.

People who dare to get angry and speak out directly will be regarded as heterogeneous at the beginning and labeled as "low emotional intelligence" The young Jack Welch, was also so warned:

From the day I joined GE until I was appointed as CEO, for 20 years, my bosses often warned me not to be too straightforward. I am classified as rude, and I am always warned that being too blunt will soon hinder my career.

Fortunately, although people are afraid of embarrassment, they prefer truth. Welch’s later achievements are a good illustration. When you present a frank, pragmatic and efficient work style, you will attract people with the same characteristics to join. Generally speaking, such a team is more likely to create good performance than a team that is not honest, pragmatic and efficient.

In addition to Welch’s inspiration, Zhang Yiming also has his own understanding of "frankness". He said: "In this society where information flows faster and more transparent, from an economic point of view, the cost of being a duplicitous person is getting higher and higher, and dirty people will get more and more unlucky. Not pretending to be improper is a moral character preference, and it is also more economical. Many people have not realized this. "

He praised this sentence: it is good to be honest and ruthless in communication, and this does not prevent you from being a warm, humorous and constructive person. But honesty is extremely important for people who work together.

In addition to dishonesty, there is also a kind of dishonesty that is hidden deeply, which is called "self-satisfaction".

The resistance to self-satisfaction is the culture of bytes. Zhang Yiming said: "I have always felt that deliberately touching others is almost cheating."

If you are moved by this, even yourself, you are deceiving yourself.

Now, Zhang Yiming has brought "honesty" into ByteDance.

Regarding how ByteDance landed a "frank" boss culture, the steering boat combed several details:

First: OKR

ByteDance implements bimonthly OKR, so that everyone can check other people’s OKR details, so as to better coordinate. Zhang Yiming’s own OKR is also open. Byers can learn what bosses are busy with recently, which can actually play a comparative role and know their own direction of efforts and whether it is important in the company.

In contrast, departments in many companies don’t know what each other is doing. To make matters worse, in a department, no one knows what each other is busy with.

Second: information is "urgent"

We often encounter things that don’t return information at work, which you think is very important, but the collaborators don’t understand it that way. This kind of gap makes the workplace full of infinite waiting.

I once encountered such a situation. The middle managers of a company talked about the fact that the president didn’t reply to the information behind his back, but they were afraid to communicate face to face, which led to many things not being promoted.

So what will Bytes do? Through collaboration software’s work, the information is expedited, and the other party is forced to push it, and the other party is strongly required to reply to the information. Regardless of whether the other party feels uncomfortable.

Third: strong "pull the group"

What if the other party doesn’t reply to the message if it is urgent? Then byte can find the other person’s boss to promote the work without caring about the other person’s feelings. What if the boss doesn’t reply to the message? Just pull the boss’s boss, if not, pull the boss’s boss, and you can pull it all the way to Zhang Yiming.

Byte culture, so that everyone has no psychological burden to do so. Everything is not to vent emotions, but to solve problems.

Fourth: Score each other.

How is your work done? Bytes are evaluated 360 degrees every six months. Your collaborator will grade your real name. What about you? The eyes of the masses are discerning.

Scoring each other may bring the phenomenon of being a good guy, or someone maliciously scores low. Fortunately, it is a real name. If there is an impersonal nice guy, he will be communicated, and if there is a malicious low score, he will also be communicated.

How do you grade, the eyes of the masses are also discerning.

Jack Welch said that for some people, becoming a leader means starting their own journey of power. They like the feeling of keeping control over people and information, so they will keep secrets, keep their thoughts on employees and their performance secret, and hide their thoughts on the future development of the company. This behavior allows the leader to establish his own territory, but he excludes trust from the team.

Trust appears when leaders show sincerity, frankness and keep their words. When you always cover up or whitewash those bad information, you may lose the trust and support of the team.

I hope I can be liked by everyone, which will make a manager insomnia and headache. Because you have to make a firm decision, let unqualified employees be laid off and let inappropriate projects be closed.

Obviously, excessively tough demands will lead to complaints and resistance from others. But as Welch said: On the basis of fully listening to opinions and explaining your ideas clearly, you must move forward, don’t hesitate, and don’t cheat and cajole. If you are honest-although you can never be absolutely honest-you will find that everything will work faster and better.

Zhang Yiming is practicing this rule.

Bytes may rarely come into contact with Zhang Yiming, but they all know:

I can say no to Zhang Yiming.

I booked this conference room in advance, even if Zhang Yiming came to jump the queue, he shouldn’t let me.

As far as Zhang Yiming is unprofessional, we can ask him to shut up.

This is the best sense of security for employees.

Steering boat recommends "frankness" in this article, not to praise how great ByteDance is, but to hope that entrepreneurs and managers who read this article can realize that you have better means to solve problems: when you feel communication difficulties, the best communication method is not to think too much about skills and arguments, but to communicate more frankly.

When you feel that management is very difficult, you can realize that frank communication is the main problem of company team management.

Honest corporate culture can be learned. Welch’s methodology is: to popularize the spirit of frankness, you must inspire it, appreciate it and talk about it all the time. You can make people who show honesty into heroes of the masses. The most important thing is that you have to be energetic yourself, and even exaggerate this spirit and prove it to everyone.

However, we also need to be psychologically prepared, and it is extremely difficult to do things right and against humanity with the whole human secular culture, although it is very rewarding.

How to break through? Grasping the team means grasping the leader. You should first have an excellent team of managers. Managers can be honest, and the team is likely to implement it. If managers are secretive and vague, then the whole team will inevitably be unable to be honest.

This article (including pictures) is reproduced by the cooperative media and does not represent the position of the entrepreneurial state. Please contact the original author for reprinting. If you have any questions, please contact editor@cyzone.cn.

Situation in Russia and Ukraine： The Ukrainian army is accused of using the long-range missiles of the United States and Britain to attack Russia for the first time.

According to foreign media reports, sources said that on the 20th local time, Ukraine launched as many as 12 British "Storm Shadow" cruise missiles into the Kursk region of Russia. The day before, Uzbekistan used the American Army Tactical Missile System (ATACMS) to attack targets in Russia for the first time. On the same day, Russian President Vladimir Putin signed a decree approving the updated nuclear doctrine. The outside world is worried that the tension in the Ukrainian crisis will escalate again.

Ukraine used US-British missiles to attack Russia for the first time?

According to CNN, on the 20th local time, Ukraine launched a series of "Shadow of the Storm" cruise missiles provided by Britain to targets in Russia for the first time.

According to reports, on the same day, a Russian military blogger posted photos of "Storm Shadow" missile fragments on social media Telegram, claiming that 12 missiles were launched into the Russian Kursk region.

The blogger said that the photo of the missile fragments was taken in marino village, Okursk region, about 35 miles from the Ukrainian border, and the words "storm shadow" were engraved on the fragments.

Image source: Screenshot of CNN report

Trevor Bauer, a former US Army explosive ordnance disposal technician, confirmed that the debris in the photo came from the Storm Shadow missile. However, CNN said that it was impossible to confirm whether the photos on the Telegram were taken on November 20.

The report pointed out that Britain and France had previously provided "Storm Shadow" missiles to Ukraine for use in Ukraine. The missile has a range of about 250 kilometers, which is slightly shorter than that of American ATACMS.

In addition, The Times quoted sources as saying that the ban on Ukraine’s use of the British "Shadow of the Storm" missile on Russian territory has probably been lifted.

Up to now, Ukraine and Britain have not commented on this.

According to RIA Novosti, on the 19th local time, the Russian Defense Ministry announced that at 3: 25 am on the 19th, the Ukrainian army attacked a facility in Bryansk State in Russia with six American-made "Army Tactical Missile System" (ATACMS) missiles. Missile fragments landed in a military facility in Bryansk State, causing a fire, and no casualties were caused.

"If long-range missiles are used from Ukrainian territory to Russian territory, it means that they are controlled by American military experts. We will regard this as a new stage of the Western war against Russia and respond accordingly." Russian Foreign Minister Lavrov said.

Lavrov also said that the actions of the Ukrainian army have escalated the situation. He urged the United States and its western allies to learn about the updated Basic Policy of the Russian Federation’s Nuclear Deterrence Countries.

The Ukrainian crisis has further escalated?

"The Ukrainian crisis that has lasted for 1000 days is in a turbulent period." Reuters said that with President-elect Trump returning to the White House in January, 2025, Ukraine and European countries are full of doubts about American aid to Ukraine.

The report pointed out that for several weeks, Russia has been signaling to the United States and its allies that if they allow Ukraine to use missiles provided by the West to attack Russian territory in depth, then Moscow will regard it as a "major upgrade."

According to Ukrainian media reports, on the afternoon of the 20th local time, Ukraine issued an air defense warning, asking people to seek asylum because of the "missile threat", which caused widespread panic.

At the same time, the U.S. Embassy in Ukraine issued a security alert, saying that the Embassy received the news that it might suffer a "major air strike" on the 20th. Due to careful consideration, the Embassy was temporarily closed.

According to Euronews, on the same day, the embassies of Italy, Greece and Spain in Ukraine announced that they would be closed on the same day due to the risk of attack. Although the French embassy remains open, it urges its citizens to be cautious.

On the 18th, local time, Hungarian Foreign Minister Jardot said that "the ideas of the political elites who supported the war in the United States and Europe are becoming more and more divorced from reality, and it seems that they are launching the last desperate and fierce attack", which is extremely dangerous and "the real threat of the third world war is approaching step by step".

Roewe is serious. Should CLEVER buy it or not？

What I bring to you today is that it has many highlights. Let’s take a look at its performance.

First of all, from the appearance, CLEVER’s front face is very deep and looks very cold. Combined with headlights, the design looks very unique. The car is equipped with etc. Coming to the side of the car body, the size of the car body is 3140MM*1648MM*1531MM. The car adopts soft lines, and the car body feels very cold. With large-sized thick-walled tires, it looks full of movement. Looking back, the overall shape of CLEVER’s tail echoes the front face, and the taillights give people a very dynamic feeling, and the overall shape is still very attractive.

Sitting in the car, the interior design is very young and fashionable, and the overall design atmosphere is still in place. The steering wheel design of this car is very cute, and it is made of plastic, which makes people fondle it. From the central control point of view, the design of the center console is reasonable, which makes the interior style impressive and looks fierce. The interior feels good. Let’s take a look at the dashboard and the seats. The dashboard of the car presents a concise design style and the shape takes the sports route. The car uses imitation leather seats, which are wide and thick, and are basically enough for daily use.

The CLEVER is 33KW, with a total torque of 100N.m and a maximum speed of 100km/h..

The car is equipped with Bluetooth /WIFI connection, intelligent key, USB interface, rear parking radar, remote control key, NFC/RFID key, etc. The configuration performance is passable and basically satisfactory.

This class of cars is usually the first choice for most people. First of all, the price is not expensive, and secondly, all the configurations are quite complete, which is still very worth starting with. Interested riders might as well go offline and actually experience it.

How fierce is the Dongfeng Warrior 917 Lorenz M800 Star Chariot？

Many times, as long as I hear the words "big guy", "off-road vehicle" and "land overlord", many fans may guess that I am going to talk about a hard-core off-road vehicle again. Yes, what we are going to talk about today is the brand-new model announced by Dongfeng Technology: Dongfeng Lorenz M800 Star Chariot. As a high-definition version of Warrior 917, this model was jointly built by Warrior Technology and Lorenz. Before the Chengdu Auto Show, we filmed this warrior 917 Lorenz M800 in the shed. Let’s reveal the secret for you and see how fierce this new car is!

Science fiction appearance, with great visual impact.

Although the Warrior 917 Lorenz M800 is based on the current Warrior 917, compared with the traditional hard-core off-road style of Warrior 917, the appearance design of the new car can be said to be a brave leap over the traditional automobile design boundary, which is very exaggerated and radical. Cybermech-style front face design, composite carbon fiber armored body, eye-catching custom-made probe lights on the roof, both practical and sci-fi sense.

Moreover, the interior layout is a perfect combination of luxury and hardliners. The embracing cockpit is equipped with a three-spoke, leather, metal and black piano paint decorative panel. With the design of push-rod gear shifting mechanism, beacon air conditioning outlet and pistol door handle, it gives people a feeling of interstellar hard-core combat cockpit. Suspended central control LCD and embedded co-pilot LCD screen also bring the most intuitive visual impact. And Dana’s brand-new Confidence series 16-speaker sound system further strengthens the luxurious style of Warrior 917 Lorenz M800, so that drivers and passengers can enjoy high-quality music experience while off-road.

Ace technology, creating extreme off-road performance

As a hard-core off-road vehicle, the Warrior 917 Lorenz M800 has also been comprehensively improved in off-road performance. The vehicle is equipped with the magic carpet function of suspension +CDC damping and VMC chassis dynamic domain control technology, which supports six full-scene intelligent off-road modes. Equipped with the warrior M ATS all-terrain intelligent system, the warrior 917 Lorenz M800 can easily cope with any challenge, no matter whether it is a rugged mountain road or a muddy swamp. In addition, the new car also has advanced functions such as 10.6-degree rear wheel steer-by-wire and crab mode. The addition of these functions makes the vehicle control more flexible.

As for the core power of off-road vehicles that everyone is most concerned about, the Warrior 917 Lorenz M800 Extended Range Edition has a comprehensive horsepower of 816 horsepower, with an acceleration of 6 seconds at zero speed and a wheel torque of 11,592 Nm. This power configuration makes the M800 burst into amazing acceleration performance in an instant, and it can be used for both starting acceleration and high-speed cruising. At the same time, the comprehensive endurance of the vehicle far exceeds 800 kilometers, which dispels the mileage worries for the owners who travel long distances in the wild.

It has both hard-core technology and more emphasis on luxury and comfort. As a new benchmark for hard-core off-road jointly created by Warrior Technology and Lorenz, Warrior 917 Lorenz M800 will undoubtedly set off a new upsurge in the hard-core off-road market. At that time, this new car will also be unveiled at the Chengdu Auto Show, which opened on August 30th. Interested friends must not miss it!

On September 26, Zhengzhou Passenger Transport New North Station opened. By the end of 2016, only 2 stations were left in the urban area

　　 The opening of Zhengzhou Passenger Transport New North Station on September 26

　　Image Network News (reporter, Zhang Yaping, intern, Song Junying, correspondent, Wang Jun, reporter, Yuan Xiaoqiang) Zhengzhou Erma Road Passenger Station and Zhengzhou North Station, which have accompanied Zhengzhou citizens for 21 and 17 years, will be closed simultaneously with the opening of Zhengzhou Passenger Transport New North Station on September 26. The relocation of Erma Road Station and Zhengzhou North Station is just one part of the relocation of Zhengzhou Bus Station. According to the plan, by the end of 2016, only Zhengzhou Long-distance Bus Center Station and Zhengzhou Passenger Terminal will be retained in Zhengzhou urban area, and all other stations will be relocated beyond the Third Ring Road.

　　[Visit]

　　Erma Road Station has posted a closure notice

　　Yesterday at noon, a reporter from Oriental Today News arrived at Zhengzhou Long-distance Bus Erma Road Station.

　　The square and the road in front of the station are still bustling with traffic and people, and a notice has been posted at the entrance: On September 26, Zhengzhou Passenger Transport New North Station will be officially opened, and then Zhengzhou Long-distance Bus Erma Road Station and Zhengzhou North Station will be officially closed. A reporter from Dongfang Jinbao entered the ticket hall, and some ticket windows have been closed. A passenger wanted to buy a ticket to Ruzhou, but was told that the train would no longer depart here.

　　"Some of the routes have been adjusted in early July, and there are still less than 300 trains left." Chen Jingjing, the head of Zhengzhou Erma Road Station, is still working. Chen Jingjing entered Zhengzhou Erma Road Station in 2000 to work.

　　Chen Jingjing said that since July this year, the 14 bus lines that originally departed from Erma Road Station have been relocated to Longhai Station, Central Station and Passenger Terminal respectively, and preparations have begun for the relocation, mainly involving Zhumadian and Xinyang and other cities.

　　"The relocation of the station is a unified request of the government. The traffic congestion in the urban area is getting more and more serious, and the relocation is the general trend. The next step is to wait until the 26th to move to Zhengzhou Passenger Transport New North Station." Chen Jingjing said that by then, all the routes and equipment of the station will be relocated to Zhengzhou Passenger Transport New North Station.

　　It is understood that in order to facilitate the travel of passengers, Zhengzhou Long-distance Bus Center will set up a ticket office at the original Erma Road bus station, and from noon on September 30 to October 1, four temporary ticket offices will be added in front of the ticket hall of the station square to ensure that passengers can purchase tickets in a timely manner.

　　[Reluctant]

　　Do you remember the Iveco line on 2nd Road?

　　Chen Jingjing is introducing to the reporter that Wang Benxin, the stationmaster on duty, has come over: Chen Station, this old man refuses to talk about the situation at home, let’s get her something to eat first? Following the direction pointed by Wang Ben’s novice, a seventy or eighty-year-old old man is lying on a chair in the waiting room, carrying a cloth bag.

　　Chen Jingjing said that the old man was transferred, but I don’t know why, not to mention where to go, not to mention the situation at home, has been unable to contact her family. In a few minutes, Wang Benxin brought the old man a hot meal, and the old man took it with tears in his eyes. Such a scene, Wang Benxin, who has worked here since the beginning of building websites, has experienced more times than he can count.

　　Wang Benxin said that Zhengzhou Erma Road Station has been in operation since the end of 1993 and the beginning of 1994. It was originally called Liankai Bus Station and was divided into two courtyards, north and south. The south courtyard was mainly the IVECO special line from Zhengzhou to Luoyang, and the north courtyard was the bus and minibus to the cities in the province. "At that time, there were not many IVECO, which was synonymous with being tall, but it was very popular!" Wang Benxin said. At that time, he was the general director of the station. The railway station area was not so prosperous and there were not so many cars.

　　For 21 years, Wang Benxin has been working at the station, and he says he is full of affection for it.

　　[Plan]

　　By the end of 2016, only two bus stations remained in the urban area

　　"At the beginning of the construction of the station, it was an open space, and now it is the core of the urban area. Moreover, the facilities of these stations are relatively outdated and can no longer keep up with the pace of social development. By the end of 2016, only two bus stations will be retained in the urban area of Zhengzhou, and all the rest will be moved out." Zhou Feng, deputy general manager of Zhengzhou Transportation Group, introduced.

　　According to the planning ideas of Zhengzhou Transportation Group’s passenger station, it will be based on the national highway hub planning, combined with the "Six Cities and Ten Groups", relying on the expressway entrance and exit and urban expressway construction, and gradually build a Zhengzhou long-distance bus center station as the core, Zhengzhou long-distance passenger hub station, passenger terminal station, passenger south station, passenger west station, passenger north station as the basic, and each new city group passenger station is a multi-layer passenger station system layout supplemented by radiation and urban passenger satellite stations, so as to comprehensively improve the comprehensive service functions of passenger transportation hubs.

　　It is understood that the location of the new Zhengzhou Auto Passenger Transport West Station has been finalized, and it is planned to be completed and put into use by the end of 2016 near the Yulong Expressway Toll Station; while Zhengzhou East Station will be relocated to the Zhengzhou Long-distance Passenger Transport Hub opposite Zhengzhou High-speed Railway East Station. "The transfer and docking of the line are currently underway."

　　According to Zhou Feng’s introduction, only two stations may be retained in the third ring road in Zhengzhou City: Zhengzhou Long-distance Bus Center Station and Zhengzhou Long-distance Bus Terminal, of which Zhengzhou Long-distance Bus Center Station is mainly used to connect with Zhengzhou Railway Station and evacuate passengers. Zhengzhou Long-distance Bus Terminal will serve as a tourism distribution center.

　　Urban traffic congestion relief

　　Second Road is expected to be smoother

　　Yesterday, the news that Erma Road Bus Station and Old Passenger North Station will move in after the completion of Zhengzhou New Passenger Station has aroused heated discussions among many citizens and netizens.

　　@The smiling you in the dream: I’m so sad, it will be inconvenient to go home and take a car in the future!

　　@Big heart little person: New North Station is so far away! I don’t know when the subway will open, or it will take an hour to take the bus from the station without congestion.

　　@Who am I who: Finally moved away, every time I enter the city to the station, it takes at least an hour!

　　@Zhengzhou BRT: Goodbye, Zhengzhou Old North Station, Erma Road Bus Station! An era has come to an end, and the most memorable is the popular IVECO.

　　No matter whether it is reluctance, attachment, happiness or sadness, by September 26, Zhengzhou Long-distance Bus Erma Road Station and Zhengzhou North Railway Station will end their historical mission and officially close. With the relocation of the stations, the traffic congestion around the two stations is expected to be alleviated to a certain extent.

　　Officer Sun Hang, squadron leader of the 1st Squadron of the 3rd Brigade of Zhengzhou Traffic Patrol Police, said that the vehicles at the Erma Road bus station are mainly in the directions of Puyang, Pingdingshan, Xinyang, etc. The entry and exit of vehicles not only increases the traffic pressure along Nanyang Road and Minggong Road, but also increases the traffic pressure along Erma Road. Especially during the Spring Festival and Golden Week, the pressure on traffic diversion is even greater. The relocation of Erma Road station will relieve the traffic pressure around to a certain extent.

　　The relevant person in charge of Zhengzhou Transportation Group also said that after the closure of Erma Road Station and Zhengzhou North Station, it will cooperate with Zhengzhou Traffic Patrol Police Brigade 3, Brigade 5 and the transportation management department to evacuate the stranded passenger flow, crack down on black cars and wild cars, and ensure the safe travel of passengers and the surrounding traffic order.

17 Nissan Tourist 4.0 low-end, without sunroof, year-end discount

Hong Kong Xiaoyu: 180 2007 2516 (same as WeChat)

Appearance is important

　　The appearance details of the 17 Nissan 4.0XE version are not very bright, but for a car, the appearance is important, but it is not the most concerned by potential buyers. Whether the off-road ability is strong enough and whether the ride is comfortable is much more important than the appearance. Attracted by the more majestic temperament of the huge body, on the basis of the hard style, it fully demonstrates its own unique charm.

　　The 2017 large front air intake grille still has a large area of chrome-plated trim, and three silver trims have been added to the original all-black honeycomb grille. Black and silver trim are added around the fog lamps on both sides of the front, which is more textured as a whole.

　　Configuration: 17 models, Middle East version Y62 4.0XE 7 seats 7 seats 18 wheels, bottom hanging 2 (four doors one-click lift) smart card, one-click start electric folding (black) intelligent four-wheel drive system (, multi-road condition selection) LSE + rear, uphill assistance, rhombus velvet seat, dual-zone automatic air conditioning, monitoring, front and rear open central armrest box (with refrigerator) multi-function steering wheel, central control leather hemming + door panel leather package

Transformation, smooth and full

　　The interior of the 17 Nissan 4.0XE has both tranquility and functionality. It is still a three-row model. The interior materials are also more elegant, and the wood grain spline trim is more elegant. The planning of the central control part is comparatively luxurious, and the style of the standard Japanese luxury car, the BOSE sound is chosen by many mid-to-high-end cars. The thick image of Fanbo is still eye-catching in the vast traffic flow, and it is highly visual and offensive. The plain lines outline the original rough shape, coupled with the thick, pure off-road temperament.

The material of solid wood feels excellent in the hand.

　　Interior: The 17 Nissan 4.0 models use the four-wind wheel design commonly used in luxury cars. The thickness is relatively suitable, and the material of leather and solid wood is used, which makes it feel excellent to hold. In addition, the steering wheel is powerful and integrates audio, air conditioning control and Bluetooth car hands-free system, making it safer for drivers to drive and keep their hands on the steering wheel.

The overall style of the interior is luxurious

　　The 17 Nissan Y62XE is a three-row model with a luxurious interior, DVD entertainment, uphill and downhill, and monitoring equipment. The new interior materials are also more elegant, using leather, aluminum and wood grain splines as embellishments, the overall interior style is luxurious, and the interior style still continues the home design, creating a relaxed and comfortable driving environment.

　　Summary: The huge size of the Nissan Y62 makes it always have a feeling of "standing out from the crowd" on the road. Coupled with its low appearance rate, it causes passers-by to stop and watch from time to time. And as a large size, the luxury and comfort are also greatly improved. It is still the best partner for off-road and conquest. Introduced into the country mainly from the fourth generation model, many off-road players will buy and modify it. In everyone’s opinion, it is a pure model.

Hong Kong Xiaoyu: 180 2007 2516 (same as WeChat)