标签归档 贵族宝贝

[trend of individual stocks]

May 20-May 24

Last week, the Hang Seng Index fell by 4.83% and the Hang Seng Technology Index fell by 7.61%.

Xiaomi Group -W Hong Kong stocks fell 8.22% last week.Last week, the total turnover was HK$ 12.242 billion. As of last week’s close, the stock price of Hong Kong stocks was HK$ 1.830 and the market value was HK$ 456.684 billion. Hong Kong stocks rose 5.66% this month, 17.31% this year and 74.29% in the last 52 weeks.

[Company comparison]

[Related News]

After three years of building a car, Xiaomi employees increased by 12,000.

In the three years since Xiaomi built the car, the total number of employees has expanded by 50%. By the end of March, Xiaomi had 35,400 employees, 12,000 more than three years ago, equivalent to the total number of Xiaopeng Automobile. The ideal of the fastest-growing number of employees in the new forces was about 31,600 at the end of last year, and the number of employees is being reduced in the near future. (Auto later)

Xiaomi Automobile: Guaranteed to deliver more than 10,000 vehicles in June.

Xiaomi Auto Weibo: Guaranteed to deliver more than 10,000 vehicles in June. At the same time, under the premise of a substantial increase in production capacity, we promise to deliver over 100,000 vehicles in 2024 and sprint 120,000 vehicles.

Lu Weibing, President of Xiaomi Group: It is true that new models are being developed, but at present, the focus is mainly on ensuring the delivery of Xiaomi SU7.

According to Cailian, Lu Weibing, president of Xiaomi Group, said at the performance meeting that Xiaomi does have other models under development, but at present, the company’s energy is all on the delivery of Xiaomi SU7. There is a strict confidentiality system for new models internally, and it is not yet time to disclose them.

Lei Jun: Xiaomi Automobile will deliver at least 100,000 units and sprint 120,000 units this year.

Lei Jun said that in June, Xiaomi Automobile Factory will start double shifts and deliver at least 10,000 units that month. Xiaomi Automobile will deliver at least 100,000 units and sprint 120,000 units this year.

Xiaomi SU7 sprints 120,000 vehicles in 2024.

The reporter learned from authoritative sources that with the continuous high order volume of Xiaomi SU7, the new car delivery target will be 120,000 vehicles in 2024. Previously, the SU7 delivery target disclosed by Xiaomi was more than 100,000 vehicles. (Securities Times)

Xiaomi: The target is to deliver more than 10,000 new cars in a single month in June.

Xiaomi Group said that our goal is to deliver more than 10,000 new cars in a single month in June 2024.

Xiaomi Group: As of April 30, 2024, the cumulative number of orders locked in Xiaomi SU7 series reached 88,063.

Xiaomi Group: As of April 30, 2024, the cumulative number of orders locked in Xiaomi SU7 series reached 88,063.

Xiaomi Group: In 2024, Q1 revenue was 75.5 billion, a year-on-year increase of 27%.

The Hong Kong Stock Exchange of Xiaomi Group announced that in the first quarter of 2024, the company’s total revenue reached 75.5 billion yuan, a year-on-year increase of 27%; The adjusted net profit was RMB 6.5 billion, up 101% year-on-year. During the period, the revenue of smartphone business was 46.5 billion, up 32.9% year-on-year, and the global shipment was 40.6 million units, up 33.7% year-on-year. The revenue from IoT and consumer products business was 20.4 billion, up 21% year-on-year, and the gross profit margin reached a new high of 19.9%. Internet service revenue was 8 billion, up 14.5% year-on-year, and overseas Internet service revenue increased 39% year-on-year. In addition, the company continued to invest in AI and smart cars, with R&D expenditure of 5.2 billion, a year-on-year increase of 25.4%. Xiaomi Group also actively repurchased shares, with the amount of repurchase reaching HK$ 2.25 billion this year.

Xiaomi pursues smart driving, and former Tucson CTO Wang Naiyan will join.

According to 36Kr, Wang Naiyan, former CTO of Tucson China, will join Xiaomi Automobile and report to Ye Hangjun, Chairman of Xiaomi Technical Committee and Head of Autopilot of Xiaomi Automobile. In this regard, 36Kr Auto confirmed to Xiaomi related people. Previously, Wang Naiyan led the R&D and management of Tucson’s future China, and was also responsible for the development of L2-level assisted driving and L4-level automatic driving schemes.

Xiaomi: The report that Xiaomi no longer uses the relevant plots of Xuhui Riverside is seriously inaccurate.

According to Weibo, spokesman of Xiaomi Company. Recently, some media reports that Xiaomi no longer uses the relevant plots of Xuhui Riverside are seriously inaccurate. We specifically clarify as follows: Xiaomi’s business development in Shanghai is smooth as usual, and the so-called "construction stranded", "margin loss" and "government confiscation" are completely inaccurate and completely false. The related matters of xh128D-07 plot in Xietu Street in Xuhui District are implemented according to the development needs and procedures.

Xiaomi Shanghai retreats? Response: The municipal planning land has changed, and the government has a demand for storage.

Recently, it is reported that a commercial office land in Xuhui Riverside, the core area of Shanghai, which Xiaomi acquired at a cost of 1.55 billion yuan three years ago, has been re-listed in the 2024 land reserve plan, and it is suspected that Xiaomi has retired. Xiaomi may lose 310 million yuan in deposit, or even 1.55 billion yuan in total land price. On May 22, Wang Hua, the head of Xiaomi’s public relations, responded to the The Paper reporter that this was a change in the municipal planning land, and the government needed to purchase and store it. However, Xiaomi did not respond to the deposit. On the same day, the reporter called the relevant departments of Xuhui District Planning and Natural Resources Bureau, and the staff replied that the official release shall prevail. (The Paper)

Xiaomi and () joint venture company landed in Yizhuang, Beijing.

Recently, Beijing Times Power Battery Co., Ltd. was incorporated in Yizhuang, Beijing with a registered capital of 1 billion yuan, and its business scope is battery manufacturing. The four major shareholders of the joint venture company are Xiaomi Automobile, Jingneng Technology Contemporary Amperex Technology Co., Limited and Beiqi Hailanxin. According to the previous announcement (), in the joint venture company, BAIC Hailanxin holds 39%, Contemporary Amperex Technology Co., Limited holds 51%, Jingneng Technology and Xiaomi Automobile each hold 5%; This investment is conducive to ensuring the stable supply of the company’s power batteries, promoting the application of new products and technologies of power batteries in the company’s vehicle products first, and helping to enhance the market competitiveness of the company’s products. And after the establishment of the joint venture company, it will invest in the construction of an intelligent manufacturing factory for battery cells in Beijing, and the battery cells are the smallest unit of the battery system. (Beijing Yizhuang WeChat official account)

Following the retreat of Ant Group in Hangzhou, Xiaomi withdrew from Shanghai, and the land was not developed within 2 years after taking the land.

Following the retreat of Ant Group in Hangzhou, on May 21, it was reported that a commercial office plot taken by Xiaomi Group in Xuhui District of Shanghai had also been retired. In response to Shanghai’s retreat, the reporter sent an interview outline to Xiaomi, but as of press time, the other party did not reply. However, according to the documents issued by the Shanghai Municipal Bureau of Planning and Natural Resources, the plot has indeed "retreated". Because Xiaomi didn’t develop the plot within two years after taking the land, in March this year, the Shanghai Municipal Bureau of Planning and Natural Resources reclaimed the plot again and included it in the land reserve plan of Xuhui District this year. (China Real Estate News)

Xiaomi SU7 intelligent driving failed twice at high speed. Xiaomi Automobile Customer Service: It is a case, and problems must be dealt with.

According to a report by Red Star News on May 21st, Mr Nie, a Xiaomi owner from Foshan, Guangdong Province, said that Xiaomi SU7, who had been driving for less than one month during the May 1st period, failed to drive on the expressway twice. After the accident, until May 10th, the vehicle failure report was still not received, so we had to agree to Xiaomi’s car return plan, and both parties signed a car repurchase agreement. Mr. Nie said that Xiaomi Auto’s online customer service said: "The cause of vehicle failure cannot be determined at present, and professionals are needed to test it." In response to the above news, the reporter of national business daily tried to contact Xiaomi Automobile for verification, but as of press time, there was no response. However, when the reporter called the customer service phone of Xiaomi Automobile to inquire about the failure of intelligent driving, the other party said: "The failure of intelligent driving is a case. If there is a problem, you can contact the after-sales department to solve it accordingly, or you can choose to go to the store for testing." In response to the reporter’s question about how to ensure that similar problems will not recur in other vehicles, the above-mentioned customer service staff said: "(We) can’t ensure that there is definitely no problem with the vehicle, but if there is a problem, (we) will definitely deal with it."

In the first hour of the sale of Tmall 618, the turnover of Apple exceeded 1.5 billion, and the turnover of Huawei, Xiaomi and vivo exceeded 100 million.

According to CBN, Tmall 618, the first one to cancel the pre-sale, was officially launched at 8: 00 pm on May 20, and it was sold for one hour. The turnover of Apple exceeded 1.5 billion, and the turnover of brands such as Huawei, Xiaomi and vivo also quickly exceeded 100 million.

Xiaomi Auto Contemporary Amperex Technology Co., Limited and other joint ventures were established.

Enterprise search APP shows that recently, Beijing Times Power Battery Co., Ltd. was established with Meng Xiangfeng as its legal representative, with a registered capital of 1 billion yuan, and its business scope is battery manufacturing. Enterprise survey shows that the company is jointly owned by Xiaomi Automobile Technology Co., Ltd., Contemporary Amperex Technology Co., Limited New Energy Technology Co., Ltd. and Beijing Jingneng Technology Co., Ltd.. According to previous reports, the company will invest in building an intelligent manufacturing factory for batteries in Beijing.

[Hong Kong stock rating]

On May 24th, CMB Securities gave Xiaomi Group -W an overweight rating with a target price of HK$ 25.39.

On May 24th, open source securities gave Xiaomi Group -W a buy rating.

On May 22nd, China Merchants Securities gave Xiaomi Group -W an overweight rating.

This article comes from the theme of Hong Kong-US Datalink. Click to read more about Hong Kong-US companies > > >

The patent dispute was once again staged between Xiaomi Group and Huawei. On December 12, Xiaomi Group issued a statement saying that recently,Mr. Yu Chengdong made false statements against the company’s "keel shaft" technology for no reason, which was seriously inconsistent with the facts.

The dispute stems from the speech made by Yu Chengdong, managing director of Huawei, CEO of terminal BG and chairman of BU, a smart car solution, at the Huawei Pollen Annual Meeting in 2023: "Don’t respect us very much.(Huawei)Intellectual property rights, take it and just make up a name and say your own. Double-rotating water drop hinge directly becomes keel hinge, and keel does not exist. "　

It is worth noting that both the "double-rotating water drop hinge" and the "keel hinge" are the key components of the folding screen mobile phone, which is the key to determine the completion of the folding screen mobile phone product. In the context of sluggish demand in the terminal market, the "dark horse" of folding screen mobile phones has a considerable market in the future. Moving towards folding screens has become a tacit strategic direction for mobile phone manufacturers.

First, Xiaomi Group publicly clarified

At noon on December 12th, the reporter of national business daily learned from Xiaomi Group that the spokesman of Xiaomi Company released a clarification message through Weibo, saying that recently, Mr. Yu Chengdong made false remarks against the company’s "keel shaft" technology for no reason, which was seriously inconsistent with the facts. Please ask Mr. Yu Chengdong to follow the basic rules of "science and rigor" and stop discrediting his peers and misleading the public.

Image source: Sina Weibo

This "war" originated from the speech made by Yu Chengdong, managing director of Huawei, CEO of BG and chairman of BU, a smart car solution, at the 2023 annual pollen conference. At that time, he once "bombarded" friends and merchants for plagiarism: "Don’t respect us very much.(Huawei)Intellectual property rights, take it and just make up a name and say your own. Double-rotating water drop hinge directly becomes keel hinge, and keel does not exist. "　

This remark attracted Xiaomi’s "return".

According to Xiaomi Group, the "keel shaft" is a new generation of folding shaft developed by Xiaomi Group, and it is the first three-level rod group structure in the industry. No matter the design idea or the mechanical structure, the "keel shaft" is completely different from the "double-rotating water drop hinge" declared by Mr. Yu Chengdong.

Xiaomi said that after studying the technical information and published patent information disseminated by Mr. Yu Chengdong’s company, and after actual disassembly and verification, the "double-rotating water drop hinge" adopts the design scheme of "2-level rod group, 3 components and 4 low pairs"; The mechanical structure of Xiaomi’s self-developed "keel shaft" adopts the innovative design of "3-level rod group, 5 components and 7 low pairs".

At the same time, Xiaomi also took a number of screenshots in the social media comment area, saying that the company’s self-developed "keel shaft" applied for a patent on September 18, 2020 and was granted a patent on January 5, 2021; August, 2023 in Xiaomi MIX Fold.(Mobile phone model)On the first application. The "double-rotating water drop hinge" claimed by Mr. Yu Chengdong applied for a patent on December 13th, 2019 and was published on June 18th, 2021. Yu Chengdong’s company’s patent application for the three-level bar group was filed on October 29th, 2021 and made public on May 5th, 2023. So far, there is no information to confirm the authorization, and it has not been commercialized.

Judging from the attitude of Xiaomi Group, this response can be described as sharp: "Please ask Mr. Yu Chengdong to follow the basic rules of’ science and rigor’, and don’t discredit his peers and mislead the public."

As of press time, Huawei has not responded to the above statement of Xiaomi Group.

Second, the patent dispute between the two parties is not the first time.

In the face of this "Mihua patent dispute", many netizens expressed their opinions in the comment area.

National business daily reporter noticed that many netizens talked about the different types of patents involved in Xiaomi and Huawei. According to the information disclosed by Xiaomi, the patent type of the company’s "hinge, display module and terminal equipment" is "utility model"; Huawei’s patent type of "folding mechanism and folding electronic equipment" is "invention application".

Some netizens’ opinions Image source: social media screenshot　

However, some netizens pointed out that,Xiaomi’s patent for "hinge, display module and terminal equipment" also involves "double application in one case" when applying.

According to the analysis of a person in the industry who did not want to be named, the above case of Xiaomi may involve "double application in one case". Paragraph 1 of Article 9 of the current Patent Law stipulates: "Only one patent right can be granted for the same invention-creation. However, if the same applicant applies for both a patent for utility model and an invention patent for the same invention-creation on the same day, and the patent right for utility model obtained first has not been terminated, and the applicant declares to give up the patent right for utility model, the invention patent right may be granted. "

According to public information, the "keel hinge" technology is used on Xiaomi’s flagship folding screen mobile phone Xiaomi MIX Fold 3 released this year. Lei Jun, chairman of Xiaomi, once said that Xiaomi keel shaft contains 198 parts, 14 movable joints and 3-level linkage structure, which can provide better screen protection while realizing thinness.

Xiaomi MIX Fold 3 (right) Image source: Xiaomi official website screenshot

The "double rotating water drop hinge" was first proposed by Huawei in 2021. At that time, Yu Chengdong said at the press conference that Huawei’s water drop hinge is an exclusive patent, and other companies must use Huawei’s patented technology if they want to realize seamless folding screen.

Huawei Mate-x folding screen mobile phone Image source: national business daily (data map)　

It is worth mentioning that,This is not the first time that Huawei and Xiaomi have had differences on intellectual property issues.On January 17th this year, China National Intellectual Property Administration accepted the patent infringement case brought by Huawei, the claimant, against Xiaomi. Judging from the contents of the patents, the above four patents involved in disputes are respectively: method and device for sending control signaling, method for feeding back ACK/NACK information during carrier aggregation, base station and user equipment, method and terminal for acquiring panoramic images, screen locking method and mobile terminal.

On March 1, Xiaomi responded: "The two sides are actively negotiating on patent licensing." Since then, Xiaomi has successively initiated requests for invalidation of four patents involved in Huawei’s case, and China National Intellectual Property Administration conducted oral trials after accepting them. In September this year, China National Intellectual Property Administration declared that "the patent right will remain valid".

On September 13th this year, Huawei and Xiaomi announced a global patent cross-licensing agreement, which covers communication technologies including 5G. When talking about whether the signing of the new agreement will affect the previous patent disputes, Xiaomi Group once responded exclusively to the reporter of national business daily: "The previous legal procedures will be resolved according to this agreement."

By the end of 2022, Huawei had more than 120,000 valid authorized patents in the world, and was in a leading position in many mainstream standard patent fields such as mobile communication, short-range communication and codec. In 2022, Huawei’s patent licensing revenue was about 560 million US dollars.

Third, the competition for folding screen mobile phones is becoming increasingly fierce.

Both the "double-rotating water drop hinge" and the "keel hinge" are key components of the folding screen mobile phone:It is an important mechanical "joint" to support the flexible screen, control the rotation range and realize the shape change of the mobile phone; At the same time, it is also the key to determine the completion of folding screen mobile phone products, which tests the technical accumulation of major mobile phone manufacturers.

In this context, the "dark horse" of folding screen mobile phones has become a cluster of flames in the winter of mobile phone consumption. From the appearance, the innovative and personalized appearance of the folding screen mobile phone relieves consumers’ aesthetic fatigue of the traditional straight mobile phone; Different folding methods, such as left and right folding, up and down folding, internal folding and external folding, also bring new experiences to consumers.

According to Counterpoint’s forecast, the shipment of folding screen mobile phones in China will exceed 5 million units in 2023, and it is expected to explode in 2024, reaching 10 million units. In 2025, the folding screen market in China will reach 17 million units. Omdia predicts that by 2026, the global shipment of folding screen smartphones will reach 61 million units, with a compound annual growth rate of 46.6% from 2021 to 2026.

In the face of the rare incremental market, almost all major mobile phone brands except Apple have entered the folding track.Going to the folding screen has become a tacit strategy for mobile phone manufacturers, especially those who compete for high-end share.

As for the current market share of each company, the report released by IDC, an international data company, shows that the market shipment of folding screen mobile phones in China reached 1.96 million units in the third quarter, up 90.4% year-on-year.

In terms of manufacturers, Huawei ranked first in the market share in the first three quarters of this year, reaching 31.7%; OPPO ranked second with a share of 17.9%; Samsung ranked third, accounting for 15.4% of the market; Glory gained 15.1% market share, ranking fourth; Vivo ranked fifth, with a share of 12.7%, and X Flip continued to sell well for half a year. Xiaomi’s market share is 5.2%, and the first sale of MIX Fold3 is obviously better than that of the previous generation.

This article comes from WeChat WeChat official account:Headline of each warp (ID: nbdtoutiao)Author: Yang Hui, Jing Wong, Editor: Cheng Peng, Zhang Haini, Du Hengfeng.

CCTV News:October 1st is the first day of the National Day holiday, and the national highways, railways and civil aviation all ushered in a small peak of travel. The national railways sent 9.7 million passengers. National highways and waterways sent 31.75 million passengers. The local tourism market is dominated by visiting relatives, with Zhou Bianyou and short-distance tours in the majority.

In terms of travel, during this year’s National Day holiday, local tours, Zhou Bianyou tours and intra-provincial tours are still the main tourist markets. According to the monitoring situation in china tourism academy, during the National Day holiday this year, the characteristics of the national tourism market have further shrunk in space, mainly focusing on local leisure and short-distance tourism. Among short-distance tourism, suburban tourism accounts for about 36%, and inter-provincial tourism accounts for about 28.2%. From the perspective of travel groups, the number of tourists who are mainly family and community is the largest. Outdoor camping, visiting museums, exhibition halls and theme parks have become the main choices for parent-child groups. From the time point of view, during the National Day holiday this year, more tourists choose to travel many times and more, and the number of people traveling within three days is expected to account for about 55%.

[car home] Many people may still remember that the SkyRide· Tianxing chassis gave the industry a little pinch when Weilai ET9 was released in the middle of the year, but before the official listing of ET9, ET7 was still the flagship executive car that Weilai was currently selling. The "flagship" should naturally have the level that the flagship should have. In comparison with Mercedes-Benz E-Class and BMW 5 Series at the same level, ET7 has achieved a level that does not fall in the wind. Now we have to see if its mechanical quality and hardware level can carry the banner of brand administrative benchmarking.

■ Chassis front structure

Since entering the NT2.0 era, the improvement of the overall hardware quality of Weilai Automobile is obvious to all. As the first car with a brand-new platform of NT2.0, this (|) 100kwh executive version we shot this time is also the second top model in the car series, equipped with a front permanent magnet and a rear asynchronous dual-motor four-wheel drive system. Before the official start, we have to mention some technical details about ET7 BIW.

As a medium-sized and large-sized executive car with luxury and pure electricity, the curb weight of ET7 is about 2.3 tons, and the total weight of ET7′ s steel-aluminum mixed structure body-in-white is nearly 445kg, including 39.8% aluminum and 60.2% steel. Among them, high-strength steel and super-rigid steel account for 73%, and submarine-grade thermoformed steel accounts for 44% in the upper body structure. The material of the whole ET7 body frame can be described as very solid.

The front suspension of the vehicle adopts the double wishbone structure common in luxury cars, all the control arms are made of forged aluminum parts, and the upper and lower control arms are designed with double ball heads. The whole structural layout is very similar to Volkswagen’s high-end MLB Evo platform. The structural design of the virtual kingpin can further enhance the accurate driving and control experience. The virtual kingpin is formed by the intersection of the connecting lines of two independent swing arms, which changes with the rotation of the wheel during steering, and the position of the steering point can be closer to the wheel center, thus enhancing the ability to resist the fluctuation of longitudinal force, and achieving a more stable driving experience under extreme working conditions such as sharp acceleration and sharp turning. It is worth mentioning that the front lower control arm of ET7 is also equipped with a hydraulic bushing with carbon fiber subassemblies, which provides both control and comfort and greatly improves durability.

■ Chassis rear structure

Coming to the rear of the vehicle, the aluminum content of Weilai ET7 here is much higher than that of the front part. The first thing that catches the eye is the full-frame rear axle subframe made of integrated hollow cast aluminum technology, which has high strength and light weight, and can also control the total weight well with the larger rear axle asynchronous motor. In addition, hydraulic rubber sleeves with better anti-vibration performance and higher cost are used in the connection part between the subframe and the car body of the rear axle. The asynchronous motor at the rear axle is also covered with a large area of sound insulation sponge, and the thickness of the sponge is considerable.

■ Some other details

In other respects, considering that Weilai ET7 is an electric car, its chassis flatness is beyond doubt. When the chassis guard is not removed, the flatness of the whole car bottom can’t be compared with any oil car.

In addition, Weilai has also considered the battery’s protection ability very thoughtfully. This large battery cell with 100kwh is provided by Contemporary Amperex Technology Co., Limited, and the design and packaging of the battery are completed by Weilai. In order to take into account the demand for power exchange, the battery pack and the body frame have been doubly strengthened. All Weilai models adopt high-strength multi-cavity extruded aluminum doorsill, which forms a strong structure with the cross beam of the car body floor, and the lateral strength can bear 300KN pressure, covering both sides of the whole high-voltage battery module, providing the first safety guarantee.

The shell of the battery is also made of high-strength aluminum material, protected by double-layer aluminum plate and very strong honeycomb structure, which optimizes the mechanical structure and adds multi-channel reinforcement design. Under the condition of normal collision or hanging bottom, the internal battery cell will not catch fire or explode. At the same time, the battery pack reaches the IP69K standard, which is completely dustproof and can resist the impact of high pressure and high temperature water flow.

Thanks to the advantages of changing electricity, the owners of Weilai brand can minimize the safety hazards of battery packs by changing electricity. Through the power exchange system, Weilai can automatically eliminate the old batteries with low health and high safety hazards in the power exchange station, and constantly replenish new batteries to ensure that the owner can replace the batteries with double guarantees of safety and performance every time.

In addition, the air suspension of Weilai ET7 is standard in the whole system, providing comfort, energy saving, sports and sports+four driving modes. According to different driving modes, not only can the suspension height and hardness be adjusted actively at all times, but also the owner can choose the height individually, so as to realize the three-speed adjustment of-10 mm/0/40 mm. Thanks to the intelligent electric vehicle architecture, the electronic control functions in the chassis suspension system can be upgraded online through the FOTA of the whole vehicle, so that users can use the latest and optimized control program in the first time and constantly refresh the driving experience. (Text/Photo/Photo by Huang Zhengqiao, car home)