Changan Yidong plus 1.4T Ultimate Edition 15 months 30,000 kilometers

Because my daughter-in-law is pregnant and giving birth soon, and the public transport is unsafe due to the epidemic, I only consider buying a car, with a budget of 100,000 to 130,000. At the same time, because I borrowed a friend’s new car in the early stage, I was maliciously smashed by another car, which accelerated my pace of buying a new car. After all, it is convenient to have my own car. Because of this incident, I won’t say much about the details. I must have active braking, parallel assistance and assistance when buying a car.

Because these conditions are stuck, it is easier to choose a car, and the joint venture car will pass directly. After all, I can only buy a rough joint venture car in this budget, so don’t consider these technological configurations. I went directly to China and Chang ‘an. I originally planned to CS55P, but the elliptical steering wheel didn’t like it. I gave up and turned to Yidong. I found that the top configuration all met my requirements. The price was 100,000 yuan, and the space was ok. At first, my daughter-in-law still wanted Haval. After all, there was more space, but for budgetary reasons, considering for half a day, Haval had to spend nearly 30,000 more, and the fuel consumption was higher than that of a car. Finally, she chose Yidong.

First of all, the appearance of Changan Yidong plus is very beautiful, low-key and attractive, with a little coquettish. The 10.1-inch central control panel also has a 360-degree wide-angle video reversing video, which is atmospheric. Once I took my colleague home, he saw this central control and reversing video and said that a 100,000-dollar car felt like sitting out of 200,000. The wheelbase is 2.7 meters, and there is still a fist position in the back row. Once my colleague sat in the back row and said that the space is good. Now it is good for domestic cars to have such a large back row space.

The trunk of Changan Yidong plus is also quite large. Usually I put a baby seat, and I can put two big suitcases. Yidong also has a scientific and technological function, that is, walking into the trunk with a heavy object in hand, the car machine will automatically open the trunk when it senses that the car key is approaching, so it is convenient to open it manually without putting down the heavy object. In terms of performance, 1.4T 160 horsepower, I personally feel that the starting speed is ok, which is a little stronger than Corolla Sylphy. Usually, commuting is high-speed, so it is easy to overtake. Once she twisted her ankle to let her neighbor drive. She said that it would be 120 if she stepped on the accelerator. It seems that her Honda is not fragrant.

In terms of safety, Changan Yidong plus has 100,000 cars with active brakes, which is not bad. Everyone who drives knows that it is inevitable to be distracted occasionally, which is prone to rear-end accidents. In the past year or so, there have been two emergency brakes, and the car system actively intervened in the brakes to avoid two accidents.

In terms of minor maintenance problems, I bought a car and gave it 12 maintenance times in 6 years. Now I have used it five times. It’s really fast. Usually, driving is a minor problem, and bumps are inevitable. Last year, I didn’t open 360 video in the community, and I didn’t notice that I accidentally scratched the wall. After I had an insurance, I would open 360 video surveillance in advance every time I left the garage with a blind spot to prevent blind spots. Another small problem is that the rear left brake light is broken, and it was replaced with a 30 yuan during maintenance.

Once I went home from work to puncture a tire, and it took 60 yuan to mend it. Later, I set up the main screen to display the tire pressure all the time, fearing that it would be dangerous to accidentally puncture the tire at high speed. Usually cherish the car, there is much rain in the south, and the car is easy to get dirty. Basically, the car will be carefully washed once a month.

Another small problem is that it is easy to stumble at low speed. It is necessary to practice the footwork well. It is difficult to continue when you loosen the throttle occasionally and refuel during the acceleration process, and there will be frustration. It should be a problem with the dual-clutch gearbox.

As for the performance of fuel consumption, in the daily commuting map, the driving time is about 20-30 minutes, the distance is about 10km, the average speed is about 30km/h, the apparent fuel consumption is about 7.3, the lowest running speed is 6.2, and the highest running speed is 8.3. Of course, the fuel consumption will fluctuate according to the road congestion. But on the whole, it is very satisfactory.

Changan Yidong plus I have been driving this car for 15 months and 30,000 kilometers, and the functional configuration is satisfactory (there are 360 cars, which are friendly to my driving skills with half a bucket of water, and the rear radar has also helped me a lot, and it is comfortable to cruise at a fixed speed and the rearview mirror is heated well). I am also quite satisfied with the power, but I can drive violently at home (the sports mode costs more oil and the rotation speed is high).

In terms of space, Changan Yidong plus is a leader in its class with a wheelbase of 2,700. The rear row is big enough, especially the trunk is really big. I believe it can rank in the same class.

Generally speaking, I am quite satisfied with this car. I can still accept some minor problems, and the fuel consumption is normal. I won’t say anything about the appearance that I like best, but I have my own hobbies. It should not be a loss to buy it at this price. Although the price is reduced now, as the saying goes, it is comfortable to buy early, and my trip to leave has already begun.

Analysis of Audi Q3 Car Series: Wet Dual Clutch (DCT) with a length of 4498mm.

Since its listing, the popularity and word-of-mouth have increased significantly, especially for young consumers, Audi Q3 has become quite attractive. The shape of the front of the new car is equipped with a hexagonal air intake grille, which obviously enhances the sense of movement. The sharp headlights on both sides have a patchwork of internal light groups, which are intense when lit. The lines on the side of the whole car body with the rising side shape create a sense of readiness, which looks very sporty. In the tail design part, Audi Q3 adopts many popular design elements, and the tail penetrating taillights of the new car are sharper.

The whole car can be said to shine at the moment, extremely young. The car uses a sporty steering wheel, which instantly improves the grade of the whole car. It is also equipped with shift paddles, which is very fun to drive. Plastic and leather materials are used above the control surface, which greatly improves the grade sense of the whole vehicle. It is equipped with an 8.8-inch central control LCD screen, which shows clearly and the design is relatively clear and smooth. The front row is also equipped with a dual-temperature automatic air conditioning control system, which can freely debug the most comfortable space atmosphere. The leather seat looks very textured.

Audi Q3 has a length of 4498mm, a body width of 1848mm and a wheelbase of 2680mm, which is quite satisfactory. In the same class, the wheelbase of Audi Q3 ranks 53rd. This size exceeds most models in its class. The actual interior space performance is also very good. From the actual ride experience, the front and rear rows are relatively spacious. The design of skylight also increases the subjective space feeling of front and rear passengers. In the same price and class, the trunk volume of Audi Q3 ranks 31st. Spatial performance is limited by vehicle positioning, and the performance is acceptable, and the flatness is no problem, but the total space is average.

Audi Q3 is equipped with a 2.0 engine with a maximum output of 162kW and a maximum torque of 350Nm. 2.0 engine with Audi Q3 is quite satisfactory in power performance, weak in low torque and can feel hysteresis. The official measured acceleration of Audi Q3 is 7.3S, ranking 40th among 250,000-400,000 SUV models.

Audi Q3 has complete active/passive safety configuration, includingAutomatic parkingZero tire pressure endurance tireAutomatic parkingSteep slope descenthill start assist controlknee airbagHUD head-up displayAnti-lock braking (ABS)Braking force distribution (EBD/CBC, etc.)Brake assist (EBA/BAS, etc.)Traction control (ASR/TCS, etc.)Active noise reductionEngine start and stopSide safety air curtainWireless charging of mobile phonenight vision systemLED daytime running lightsForward reversing radarTire pressure monitoringSteering wheel heatingBody stability control (ESP/DSC, etc.)Rear reversing radarFatigue reminderRemote parkingChild seat interfaceLane keeping (LKAS)Equal configuration.

Among them,Automatic parkingYou can avoid stepping on the brakes for a long time or needing to pull frequently;Steep slope descentCan safely pass through steep slope road conditions at low speed;knee airbagReduce the injury of the car interior to the occupant’s knees in the secondary collision.

In addition to the above description, we can also go to the Easy Car Forum to browse more real car feedback from actual buyers, or use our experience.

Shenzhen Maybach EQS SUV price reduction information! Special offer 1.575 million, only this time

Welcome to [Autohome Shenzhen Promotions Channel], here is an exciting offer for you. The much-anticipated luxury electric SUV is going through an unprecedented price reduction promotion in Shenzhen. It is understood that car buyers can currently enjoy a cash discount of up to 20,000 yuan, which means that the minimum starting price has been reduced to 1.575 million yuan. This is undoubtedly a car purchase opportunity not to be missed. For more detailed offer information, please click "Chatty Car Price" in the quotation form to seize the opportunity and strive for higher discounts to start your distinguished driving experience.

深圳地区迈巴赫EQS

The Maybach EQS SUV leads the new trend of electric luxury SUVs with its ultimate luxury and elegant design. The front face design is unique, decorated with exquisite chrome elements, and matched with streamlined contours, showing the perfect combination of power and elegance. Although the air intake grille is transformed into an electric form, it still maintains the iconic aesthetic of the Maybach brand, interpreting the luxury connotation through intelligent elements. The overall style is atmospheric and modern, showing Maybach’s ultimate pursuit of future luxury travel.

深圳地区迈巴赫EQS

The Maybach EQS SUV is presented with its elegant side design. The body size is 5135mm*2034mm*1721mm and the wheelbase reaches a spacious 3210mm, which ensures the luxury and comfort of the interior space. The side lines are smooth and refined, showing the consistent aesthetics of the luxury brand. The front and rear tires are 275/45 R21, and the unique wheel rim design not only enhances the driving stability, but also adds to the visual impact of the vehicle.

深圳地区迈巴赫EQS

The interior design of Maybach EQS SUV is famous for its luxury and technology style. The spacious interior space is made of exquisite leather materials to create the ultimate comfortable atmosphere. The steering wheel is wrapped in leather, which is not only delicate to the touch, but also equipped with electric up and down + front and rear adjustment functions to ensure the best operation experience for the driver. The 17.7-inch central control screen displays multimedia information, navigation, telephone and air conditioning control in its high resolution, and integrates automatic speech recognition system, which is convenient and intelligent to operate. As for the seats, the front and passenger seats are equipped with heating and ventilation functions, as well as 4-way adjustable waist support to ensure the comfort of long-distance driving. The rear seats are equally luxurious, with adjustable backrests, waist and leg rests, and electric memory functions to provide passengers with a personalized ride experience. The wireless charging function of mobile phones covers the front and rear rows, meeting the convenient needs of modern life.

The Maybach EQS SUV is equipped with a powerful powertrain with a maximum power of 470 kW, providing the driver with a surging power output. At the same time, the peak torque is as high as 950 Nm, ensuring the vehicle’s strong performance and smooth handling in various driving scenarios. This engine fully reflects the Maybach brand’s pursuit of luxury and performance.

Summarizing the comments of Autohome owners, the Maybach EQS SUV combines five-pointed stars and gear elements with its unique wheel design, which not only shows the style of the luxury brand, but also shows the ingenuity of the details. This model is obviously not just a car, but also a symbol of noble status, allowing every driver to feel an unparalleled noble experience.

Foshan Colorful price cuts are coming, the latest offer 63,800! Sufficient car

[Autohome Foshan Discount Promotion Channel] Good news! At present, the model is holding preferential promotions in Foshan City, with the highest discount reaching 12,000 and the minimum starting price is only 63,800. If you are looking for a cost-effective and well-equipped SUV, then this model must not be missed. Please click "Chatti Car Price" in the quotation form immediately to get more preferential information and strive for higher discounts.

缤越头图

Colorful is a small SUV owned by Geely Automobile, and the exterior design is very fashionable and dynamic. The front face adopts Geely’s latest family-style design language, and the large-area air intake grille adopts a black grid design, which is combined with chrome-plated decorative strips and LED headlights to create a very strong sense of movement. The body lines are smooth, the overall style is young, and the design of the suspended roof adds a sense of technology to the whole car. At the rear, Colorful adopts the combination of black glass area and chrome-plated decorative strips to make the rear look more delicate. In short, Colorful’s exterior design is fashionable, dynamic and youthful, which is very in line with the aesthetics of young people.

缤越正侧

As a compact SUV, Geely Binyue’s body size is 4330 * 1800 * 1609, the wheelbase is 2600mm, the front wheelbase is 1551mm, and the rear wheelbase is 1562mm. Its side lines are smooth, the lines are simple, and the overall shape is fashionable and dynamic. The front and rear wheels are 215/60 R17-size tires, with multi-spoke rims, adding a sporty feel to the whole vehicle. At the same time, the body height of the more colorful is relatively low, which complements the design of the streamlined roof, making the whole vehicle look more compact and dynamic. Overall, Geely Binyue has outstanding performance in the exterior design and left a deep impression.

缤越中控全图

Colorful is a compact SUV owned by Geely Automobile. The interior style is stylish and simple, and attention to detail is paid. The steering wheel is made of plastic material, which supports manual up and down adjustment, allowing drivers to adjust the height and angle of the steering wheel according to their own needs, which is more comfortable. The size of the central control screen is 8 inches, the display is clear, and the operation is simple. The multimedia/charging interface is USB. The number of USB/Type-C interfaces is 1 in the front row/1 in the back row, which is convenient for front and rear passengers. The seat material is mixed and matched with leather/fabric. The main seat supports front and rear adjustment, backrest adjustment, and high and low adjustment (2 directions). The auxiliary seat supports front and rear adjustment and backrest adjustment. The rear seat is reclined in a proportional form, so that passengers can enjoy the journey more comfortably. The overall interior design is simple and clear, allowing both drivers and passengers to experience a comfortable ride.

缤越发动机舱

The Colorado is equipped with a 1.5T 181 horsepower L4 engine with a maximum power of 133kW and a maximum torque of 290N · m. This engine can provide sufficient power to make the vehicle perform well during driving. At the same time, the equipped 7-speed wet dual-clutch transmission can achieve fast and smooth gear changes, improving driving comfort and handling. Whether it is city roads or highways, Colorado can bring excellent driving experience to drivers.

In the eyes of Autohome owners, Colorful’s exterior design style is atmospheric, fashionable and sporty. He believes that Colorful’s front face design is very domineering, with large-size wheels, the overall look is very handsome. Although he does not pursue the appearance of how cool and luxurious, Colorful’s design still makes him very satisfied. It can be said that Colorful has done a good job in exterior design, which can satisfy consumers’ pursuit of fashion and sportiness. I believe this is one of the reasons why Colorful has received wide attention in the market.

Cangzhou Audi Q5L is on sale! Reserve price 257,200, discount waits for no one

[Autohome Cangzhou Discount Promotion Channel] Bringing the latest surprise news, the high-profile luxury SUV model is undergoing an unprecedented promotion in Cangzhou. At present, car buyers can enjoy a cash profit of up to 173,500 yuan, which brings the starting price of this luxury car down to a very competitive 257,200 yuan. This is a great opportunity not to be missed. If you want to seize this offer, please click "Check the car price" in the quotation form to get the most accurate car purchase information and get higher discounts!

沧州奥迪Q5L特价出售!底价25.72万,优惠不等人

The Audi Q5L creates a dynamic appearance with its unique design concept. The front face features a classic Audi family-style hexagonal air intake grille, which is matched by sharp LED headlights, showing the perfect fusion of power and technology. The body lines are smooth and full of tension, and the overall style is elegant and sporty, reflecting Audi’s unremitting pursuit of luxury and performance.

沧州奥迪Q5L特价出售!底价25.72万,优惠不等人

The Audi Q5L presents an elegant side profile with its delicate body proportions. The length, width and height of this model are 4770mm*1893mm*1667mm, and the wheelbase reaches 2907mm. This size design ensures a spacious and comfortable interior space. The front and rear wheel tracks are 1616mm and 1610mm respectively, and the balanced layout improves driving stability. In terms of tire specifications, the Audi Q5L is equipped with 235/55 R19 tires, which are combined with the dynamic wheel design, not only enhances the visual impact, but also ensures good handling performance and driving texture.

沧州奥迪Q5L特价出售!底价25.72万,优惠不等人

The interior design of the Audi Q5L presents a perfect blend of luxury and technology. The steering wheel is wrapped in exquisite leather to provide a good grip and control experience, and supports manual up and down + front and rear adjustment, which is convenient for drivers to adjust according to their needs. The 10.1-inch central control screen stands in the center of the cockpit, clearly displaying multimedia information, navigation and phone functions, and intelligent operation makes driving more convenient. The seats are made of imitation leather to provide a comfortable riding experience. The main and passenger seats are equipped with front and rear adjustment, backrest adjustment, high and low adjustment, leg rest adjustment and waist support functions. The driver’s seat is also equipped with electric seat memory function to meet the needs of different drivers. In addition, there are a large number of USB and Type-C interfaces in the car, including multiple interfaces in the front and rear rows, which are convenient for passengers to charge electronic devices.

沧州奥迪Q5L特价出售!底价25.72万,优惠不等人

The Audi Q5L is equipped with a 2.0T turbocharged engine, with a power output of 190 horsepower and a maximum torque of 320 N. m. It is paired with a 7-speed wet dual-clutch transmission, providing the driver with abundant power and a smooth driving experience.

Overall, the Autohome owner spoke highly of the appearance and spatial performance of the Audi Q5L, believing that it is atmospheric and sporty, and the large sunroof design satisfies his summer fun. The power aspect also satisfies him, and the driving experience is solid. Although he would like to have red brake calipers as an embellishment, overall, the Audi Q5L meets his daily needs. For the highway’s fuel consumption and wind noise issues, he looks forward to further on-the-ground experience. If you also pursue the perfect combination of appearance and practicality, the Audi Q5L will surely live up to expectations.

Who said Hengda car is gone? This is not serious. Hengchi 5 booking discount?

Hengda car drama has come to an end, I didn’t expect the sequel to be over. At the Chongqing Auto Show this year, Hengchi 5 appeared on the booth of the auto show. Although it is not a very tall booth, at least people came with a real car, and it was a real car sale. During the auto show, Hengchi also gave a deposit of 10,000 yuan to 20,000 yuan in car booking promotions, and enjoyed 15-day car returns, three-year 60% off repurchase and other rights.

Why is it surprising to see Hengchi 5 now? Not only because since the 2021 Shanghai Auto Show, Hengda’s high-profile release of 9 cars has become the focus, but it has quickly fallen silent. It has not appeared in the A-class auto show since then. It is also necessary to review how vigorous and dramatic Hengda was before the car was built.

In November 2019, at the Global Strategic Partner Summit of New Energy Vehicles, Xu Jiayin summarized Evergrande’s car-making path with five keywords: the first: buy, buy, buy; the second: close and close; the third, circle; the fourth, big and big; the fifth, good and good. At the same time, Xu Jiayin also said that Evergrande Automobile will become the largest and most powerful new energy vehicle group in the world within 3-5 years, and achieve annual production and sales of over 1 million vehicles by 2025 and over 5 million vehicles by 2035.

In August 2020, Hengchi Automobile released 6 models in one go, and then expanded to 9 models, covering multiple sub-segments such as medium-sized sedans (two models), medium and large coupes, medium and large sedans, compact SUVs, compact coupe SUVs, medium-sized SUVs, medium and large SUVs, and seven-seat MPVs. Hengda’s car manufacturing factory is not exploring the way with one car, but anxiously launching a comprehensive, multi-point expansion, in order to quickly catch up and make achievements.

Such a large-scale pattern once dispelled the doubts about Hengda’s car manufacturing outside. Under the impetus of the industrial trend and corporate strategy at that time, optimists have begun to expect Hengda to use its strong confidence at that time to quickly enter the new energy vehicle market in a high-profile manner, and then shake the domestic and foreign markets.

But the development of Hengda after manufacturing has taken a sharp turn for the worse. Due to the adjustment of the economic and industrial model in its main business, Hengda is burdened with debt, so how can it still have the funds and minds to continue building cars? Fortunately, Hengchi Automobile’s Tianjin factory has fully resumed production on May 23, at least it has not gone bankrupt. And the Chongqing Auto Show continues to sell cars, which also sends a signal to the outside world that at least Hengda Automobile is still alive. But the question is, under such circumstances, even if there is a discount, will anyone really buy Hengchi 5?

Wang Jianlin does not leave the card table

Near the end of the year, Wanda’s news was frequent. First, Wanda Film was completely sold, and then there were rumors that Zhuhai Wanda Commercial Management would transfer Wanda Plaza in first- and second-tier cities.

A few years ago, Wanda, which had "sold off" Wanda Cultural Tourism and Wanda Hotels, and had a strong man break his wrist, is now going to "cut off his arm" again, but this time the situation he has to face is more dangerous than before.

However, this housing leader, who was the first to face the real estate industry’s storms, is still on the table despite years of difficult mediation and repeated broken arms to survive.

Unfortunate, but fortunate.

Because compared to several other giants that have been blown away by the rain, it is undoubtedly much more decent.

one

Wanda’s deadline is only more than 20 days away.

According to the gambling agreement, if Zhuhai Wanda Commercial Management cannot complete the listing within the year, it will pay a total of 38 billion yuan in cash and interest due at the end of the year to repurchase the shares in the hands of investors.

This year is already the third year that Zhuhai Wanda Commercial Management has impacted the Hong Kong IPO. In June this year, Zhuhai Wanda Commercial Management has also submitted a prospectus for the fourth time.

Now, with only 20 days left until the end of the year, the chances of going public are slim.

Legend has it that the plan for listing extension has also been rejected, and the rest may only be paid 38 billion this way.

In addition to the well-known listing crisis, Zhuhai Wanda Commercial Management also faces considerable performance pressure.

Previously, Zhuhai Wanda Commercial Management has made performance commitments to Tencent, Ant, CITIC Capital and other investors.Commitment to the period from 2021 to 2023, the actual net profit will not be less than 5.19 billion yuan, 7.43 billion yuan and 9.46 billion yuan respectively.

If the performance does not meet the target, Zhuhai Wanying, a shareholder of Dalian Wanda Commercial and Zhuhai Wanda Commercial Management, will transfer the relevant amount of shares at zero consideration or pay cash to investors to compensate investors.

However, Zhuhai Wanda Business Management’s net profit in 2021 was 3.512 billion yuan, which did not meet the target. The net profit in 2022 was 7.534 billion yuan, which is only just reached the target.

So in the coming 2023, can the goal of net profit of 9.46 billion yuan be achieved? It is difficult to say.

After all, Wanda can’t even take out 600 million dollars now.

At the end of November, Wanda Commercial Management announced on the Hong Kong Stock Exchange that it plans to roll over a $600 million bond due in January 2024.

Fortunately, the plan was quickly approved by bondholders in less than two weeks, and the investor support ratio reached 99.3%.

The plan can be passed so quickly,Part of the reason is that compared with other real estate companies, Wanda’s extension plan seems more "conscientious". The extension time is only one year, which is not too long, and it will be paid off in four installments within the year.If creditors agree in advance, the total consent fee of 1.24% is also higher than the 1% common to other housing companies.

Another part of the reason is that Wanda’s business operations are still good, especially Wanda Plaza. In the first half of 2023, Wanda Plaza opened 12 new ones, with a total of 484 openings. The total rental income was 26.32 billion yuan, an increase of 4.5% year-on-year, and the net rent was 13.01 billion yuan, an increase of 7.2% year-on-year. At the same time, Wanda Plaza’s rental rate was 98.2%, and the rent collection rate was 100%.

Even with the rent of Wanda Plaza, the 600 million dollars is only a matter of time. But the problem is that Wanda Plaza has now become one of the chips for Wanda to put on the table.

Recently, news has leaked that Wanda Commercial Management has revealed in the process of communicating with investors that the group is currently willing to sell Wanda Plaza in first- and second-tier cities in exchange for liquidity, and is still negotiating with insurance institutions.

Further specific rumors are that a major insurance company is about to acquire Shanghai Jinshan Wanda Plaza, which has been inspected on the spot and has passed the negotiation period. Another Shanghai Maqiao Wanda Plaza is also in the transfer of shelves, and the management is still picking.

Although the dust has not yet settled, Wanda has sold five Wanda plazas in succession this year, so the rumors are indeed quite credible.

Wanda, which held a lot of high-quality assets, was now playing cards one by one in order to pass smoothly before the end of the year, and Wanda Plaza was just one of them. After all, the day before the rumors of Wanda Plaza appeared, Wang Jianlin had just completely changed hands with Wanda Film.

In the past year, Wang Jianlin has transferred the equity of Wanda Film three times. Although the selling price has been lower each time, Wanda Film has been firmly in Wang Jianlin’s hands.

Until this time,Wang Jianlin will Beijing Wanda investment 51% equity, at the price of 2.262 billion yuan transferred to Shanghai Ruyi Investment Management Co., Ltd., Wanda Film also completely sold.

What few people know is that Shanghai Confucianism is actually inextricably linked to real estate.

Behind Shanghai Ruyi is China Ruyi, formerly known as Hengteng Network. Hengteng Network was originally invested by Tencent and Evergrande, and later Tencent withdrew its investment. But after Evergrande fell into the debt crisis, it sold its shares one after another, and Tencent became the largest shareholder of Hengteng Network, which was later renamed China Ruyi.

After Wanda encountered a crisis, Confucianism became the snake that swallowed the elephant, Wanda Film, with the support of Tencent.

In the film industry, Wanda Film is a veritable "elephant". In the first three quarters of this year, Wanda Film’s performance reversed the trend, with operating income reaching 11.35 billion yuan, an increase of 47% year-on-year. Net profit also turned into profit, and profit 1.104 billion yuan.

It can be said that Wanda Film is one of Wanda’s veritable high-quality assets. For Wang Jianlin, who has always wanted to make Wanda Film "Hollywood in China", this sale is helpless.

Once upon a time, Wang Jianlin could withstand the doubts of 99% of investors, and went into the film industry with his own will. With the goal of "China’s first" and "world’s first", he frantically acquired Hollywood production companies to seize the market, and once achieved the world’s largest cinema market share.

But now, unable to withstand the pressure of reality, Wang Jianlin decided to cut off his arm and completely cut off the film business.

Wang Jianlin finally bowed his head to reality.

two

From being the richest man in China, to becoming the first "negative" in China, to raising 600 billion successfully slimming through the crisis in three years, becoming the richest man in real estate again, and now, having to run around again to raise money, Wang Jianlin has tasted the ups and downs that many people will never experience in their lifetime.

From 2015 to 2016, Wang Jianlin was the richest man in China on the Hurun Rich List for two consecutive years, with a net worth of nearly 220 billion yuan.

However, such a huge asset, built on perennial loans and debts, was like a bubble, bursting with a poke. In 2017, Wang Jianlin and Wanda’s debt ratio had reached 70%, and according to the disclosed information, Wang Jianlin had loaned more than 400 billion yuan to banks at that time.

At this time, the market has gradually cooled, coupled with the failure of overseas investment, Wanda’s vitality has been greatly damaged, and Wang Jianlin’s debt has soared to 600 billion yuan, suddenly becoming China’s first "negative".

In order to pay off the 600 billion yuan debt, Wang Jianlin began a crazy sale.

The prologue is the rumor that once talked about "breaking the cup" and the "great merger of the century" with total assets exceeding 63 billion yuan.

In 2017, Wanda sold 13 of its highly anticipated cultural tourism projects to Sunac China for 43.844 billion yuan, and 77 of its hotels to R & F for 19.906 billion.

Although the deal could be said to be a fire sale in terms of price, it successfully helped Wanda reduce its leverage, reduce its debt, obtain cash flow, and temporarily recover from the loan crisis.

Then, Wang Jianlin’s pace of selling assets never stopped. First, he sold Wanda Plaza in Jiujiang, Nanchang, Yancheng and other places in China to Pearl River Life Insurance. Later, he publicly stated that he would put his main investment in China and gradually liquidated overseas real estate projects.

Wanda first sold the Spanish mansion it bought in 2014 for 265 million euros for 272 million euros, losing nearly 200 million yuan in exchange rate changes. It later sold the much-anticipated Wanda London ONE project for about 59.35 million pounds, followed by two projects in Australia’s Gold Coast, Sydney and Chicago properties.

In 2018, Wang Jianlin resold shares in Wanda Commercial and Wanda Cinemas. Subsequently, AMC, the world’s largest cinema chain, which Wanda had invested a lot of effort in, was also reluctantly parted ways, and its shares were gradually sold by Wanda.

In May 2021, Wanda fully withdrew from the board of directors of AMC, retained only a minority stake, and accumulated $1.476 billion in funds, and Wanda gradually recovered from the "embarrassment".

However, in 2022, Wanda, which had recovered, quickly began to invest on a large scale, making great strides in the sluggish real estate market, and the shadow of high debt once again struck.

However, compared to the major private developers who either disappeared completely behind closed doors or ran away directly, Wang Jianlin has always appeared in the public eye, running around for Wanda, giving many people confidence.

Since the beginning of this year, Wang Jianlin has sold his own stocks many times, and returned 7 billion cash to Wanda to return blood, so that several maturing bond payment problems have been solved.

But in a recent public appearance, Wang Jianlin, who is so skinny, suddenly made people realize that Wanda was no longer the Wanda who was full of Wang fried, and Wang Jianlin was no longer the ambitious "white knight".

Five years ago, Wanda could still sell Wanda Hotels and Wanda Cultural Tourism. But now, after the sale of Wanda Film, Wanda, which focuses on "light assets", seems to have no more cards to play.

The Wanda Group, which was about to lose weight, was left with only a worried Wang Jianlin.

III. Conclusion

Looking back, Wanda used to diversify through crazy mergers and acquisitions and reached its peak, but it was burdened by diversification overnight, began to lose weight, and turned to an asset-light model. Now, after repeatedly breaking arms to survive, it has become more and more "light".

It was precisely in response to what he wrote in his own hand back then, "After years of business wars and wealth, everything has always been in vain."

However, as long as he didn’t leave the card table, even if he was facing a huge crisis now, even if he had to cut off his arm to survive, why not?

Living is more important than anything else.

This article is from the WeChat official account:Guru (ID: guru-lama)Author: Yuanhe

It’s full of rain and heat in the summer, so let’s see where the "steamer mode" will be opened on the map of sauna days nationwide.

Today (July 7th), we entered the fifth solar term of summer-Xiaoshu. As the saying goes, "it’s a little summer, but it’s a big summer." The arrival of the summer solar term means that China is about to enter the wettest and sultry period of the year. China Weather Network specially launched a map of sauna days nationwide to see where the "steamer mode" will be opened.
Jiangnan is hot as a "steamer", and the Qinghai-Tibet Plateau has no "steaming" in the world.
Entering the summer solar term, everything is flourishing and the summer heat is transpiration. The temperature in all parts of our country continues to rise, and the precipitation also increases obviously. The north and south of the Yangtze River have entered the stage of high temperature and high humidity in a year, and the most difficult sauna day model has been opened.
According to the map of the national sauna days launched by China Weather Network, during the annual summer solar terms, sauna days are most likely to appear in Jiangxi, Fujian, Zhejiang and other places, and more than half of the time in 15 days, they have to endure the steamboat-like sultry feeling; In Guangdong, central Guangxi, Hainan, Hunan, Hubei, Henan, central and southern Hebei, southwestern Shaanxi, northern Chongqing and other places, the number of sauna days can also reach 5 to 8 days, which is unbearable; The number of sauna days in the eastern part of Southwest China, North China, the eastern part of Huanghuai and other places is less than 5 days, and there are fewer days in most parts of Northeast China, Shandong Peninsula and parts of Xinjiang, which is less than two days. Such hot and humid weather can barely withstand it; Tibet, Qinghai, Gansu and other places did not have sauna days during the summer solar term, and there was no "steaming" in the world, which was really enviable. Although there were no sauna days in southern Xinjiang and western Inner Mongolia, they had to undergo the "baking test" of dry heat.
Light summer weather | Rain and heat are abundant, and typhoons are active
After a slight summer heat, it is hot for three points a day. Affected by the monsoon climate, rain and heat are in the same season in many places in China. During the summer heat season, both precipitation and temperature began to show extremes, and the weather gradually changed from dry heat to sultry heat, and the "sauna mode" was opened.
"It’s summer day and night." Shortly after entering the summer solar term, the hottest dog days of the year will also kick off. The heat wave is rolling, refreshing and hard to find, and all-weather heat has become the norm. Especially in the south, the lowest temperature sometimes even exceeds 30℃, and it is hot day and night, with no chance to breathe.
With the help of summer heat, China’s summer area has further expanded, reaching about 5.25 million square kilometers. Although it has not reached the maximum, there is little room for further development.
"The bamboo is raining first, and the mountain is already thundering." Slight summer is the solar term with the most precipitation in the whole year, and it is also the season with frequent thunderstorms. With the subtropical high moving northward, the "main battlefield" of precipitation in China gradually shifted northward, and the rainy season in the middle and lower reaches of the Yangtze River ended, and the rainy season in the north began one after another.
During the summer heat, typhoon activities also entered an active period. According to statistics, the summer solar term is the solar term with the largest number of typhoons landing in China, which mainly affects Guangdong, Taiwan Province, Fujian, Hainan and other places, and these places have gradually entered the critical period of typhoon prevention in a year. At this time, there are many powerful typhoons landing in China, including the strongest typhoon "rammasun" landing in China since 1949.
Slight summer phenology | The warm wind has arrived, and everything is crazy.
There are three stages in the summer, one is when the warm wind comes, the other is when the cricket lives in the space, and the third is when the eagle begins to gather. At this time, there is no longer a cool breeze on the earth, and almost all the winds are full of "enthusiasm". Because of the heat, the cricket left the field and came to the corner of the courtyard to escape the heat. The eagle also chose to fly to the cool high air for activities.
There is also hope for a bumper harvest in the heat of a little summer. In the summer, plenty of sunshine and abundant rain are conducive to the growth of everything. At this time, special attention should be paid to field management such as preventing high temperature and heat damage, drought, waterlogging and pests.
Light summer custom | Eating and drinking in midsummer is the most enjoyable thing.
"Eating and drinking in midsummer is the most enjoyable thing." The summer solar terms and the dog days have come one after another, and people who are troubled by the summer heat often feel poor appetite, so they will prefer cool and refreshing food.
In the north, there is a food custom of "jiaozi on the head, two on the face, pancakes and eggs on the three feet". Eating a plate of vegetarian stuffing on jiaozi’s head is not only appetizing, but also a symbol of full blessing. In the south, Xiao Shu pays attention to eating "three treasures"-Monopterus albus, lotus root and mung bean sprouts, which are cool and cool. There is also the custom of "eating new things" in the southern summer heat. Every household eats new rice and tastes new wine to thank the natural gifts and celebrate the grain harvest.
"The wind moves the lotus to make it fragrant, and the heart is calm and naturally cool." In the summer, it is hot and warm, but there is no lack of pleasant summer time. Let’s calm down, watch the fireflies flying, listen to the cicadas, smell the lotus fragrance in the wind, taste the tea in the cup, and greet the extreme heat with leisurely warmth.
Source: China Weather Network
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The NBA of golf is coming! The PGA Tour agreed to merge with the Saudi-backed LIV.

The American golf market has undergone amazing changes.

On Tuesday, June 6th, PGA, the PGA Tour of the United States, and LIV Golf, the upstart golf supported by Saudi Arabia, agreed to merge. This amazing move put an end to the differences and debates about who has dominated American golf since last year.

The two parties indicated that the agreement merged LIV-related businesses supported by Saudi Arabia’s sovereign wealth fund with the businesses and management rights of PGA and Dubai World Tour, a third-party entity, into a new, collectively owned for-profit entity.

The two sides also said that the merger will end the litigation between the two sides. Since the launch of LIV, the two sides have always had differences in law and public opinion.

The unnamed new business entity will be headed by Yasir Al-Rumayyan, President of Saudi Public Investment Fund, and Jay Monahan, President of PGA, will be the CEO. PGA will appoint a majority of the members of the board of directors and hold a majority of voting rights in the combined business.

The 2023 LIV Golf Tournament will be held as planned. A PGA memo said that after the end of this season, the two sides will "cooperate to establish a fair and objective procedure for any player who wants to reapply for PGA membership".

The memo reads:

Today is an important day for our organization and the whole golf game. When we make the final agreement, there are still many details to be solved, which will eventually need the approval of PGA’s policy Committee.

Golf is usually regarded as a peaceful sport, but the entry of LIV has caused quite a stir in this sports market, and also brought great changes to the operation mode of this sport, because LIV Golf has signed high-value, long-term and guaranteed contracts with players, similar to those obtained by NFL or NBA players.

In contrast, PGA is more like a performance-based league, where players earn money according to their performance in the game and the sponsorship and endorsement fees they can get.

LIV has also signed contracts with some top players in PGA, and the amount is staggering. For example, phil mikkelsen’s $138 million, dustin johnson’s $97 million and Brian Deschamps’ $86 million. However, there are still some famous adherents who continue to support the PGA Tour, including Tiger Woods, rory mcilroy and jordan spieth.

According to reports, Woods and McRoy got a contract of hundreds of millions of dollars from LIV Golf, but they were eventually rejected. Both of them continue to support the PGA Tour, saying that LIV’s contract will undermine competitiveness and reduce players’ motivation to improve their skills.

PGA also tried its best to shut out the players who signed up for LIV Golf, so that they could not participate in the competitions organized by PGA. Therefore, this makes some major events that are not hosted by PGA more attractive, because it is the only place where golfers from two leagues can face each other.

There have been competitive sports leagues in the United States before, such as NBA versus ABL or AFL versus NFL. At some point, the final combination of the opposing sides will bring better games and more income for athletes. However, the market once thought that it would be very difficult to merge LIV and PGA, because LIV is backed by Saudi Arabia with deep pockets, which means that the merger between the two parties may take longer.

This article is from Wall Street. Welcome to download the APP to see more.

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Growth of 121.0%, 84.2% … China promotes the high-quality development of cultural tourism.

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CCTV News:The Press Office of the State Council held a series of press conferences on the theme of "Opening by Authorities" today (December 14th). According to the relevant person in charge of the Ministry of Culture and Tourism, in the first three quarters of this year, there were 342,000 commercial performances nationwide, and the box office revenue was 31.54 billion yuan, up by 121.0% and 84.2% compared with the same period in 2019.

In order to promote inbound and outbound tourism, the national travel agencies and online travel enterprises have been resumed to operate the outbound group travel business of China citizens to 138 countries. In addition, in order to carry forward the excellent Chinese traditional culture, we are actively promoting the application for the Beijing Central Axis and the Spring Festival.

Source: CCTV