Comments on the Management of Jiangyan Group’s 2023 Annual Board of Directors

() The operating comments of the Board of Directors in 2023 are as follows:

  I. Discussion and analysis of business conditions

  In 2023, the company actively responded to the complicated and ever-changing external situation, overcame difficulties, achieved record highs in business performance, increased employees’ income simultaneously, achieved the overall listing goal, made steady progress in reform and deepening, made breakthroughs in innovation, improved the governance system day by day, demonstrated its social responsibility, pushed forward the party in depth, successfully closed the year and handed in satisfactory answers, and the company’s high-quality sustainable development entered a new historical stage.

  Marketing. The first is to strengthen brand promotion. Formulate and implement the annual brand promotion plan, organize and carry out a series of publicity activities such as "5.15" public welfare publicity, "Jiangxi is the world’s delicious and delicious in Jiangyan", "Lighting the Twin Towers and making the city beautiful together", promote strategic cooperation with catering industry associations in Jiangxi Province and various cities, and strengthen terminal publicity such as supermarkets, small shops in urban and rural areas and farmers’ markets. Vigorously promote () business integration development, formulate e-commerce development plans, and enhance the brand influence on the head e-commerce platform. The second is to increase the synergy between production and sales. During the reporting period, four new varieties of salt, such as small package grain salt, were introduced. The trial production of 99.8% high-purity salt was successful, calcium chloride was put into production smoothly, and the product structure was enriched and optimized. We will continue to improve the management of product transportation and unified warehouse allocation, coordinate production logistics and transportation, ensure the stable supply of salt market, and promptly and effectively quell the "8.24" salt snapping storm in the province. The third is to fully increase market share. We will fully seize market opportunities, serve the development of new energy industry chain in the province, increase strategic cooperation with high-quality leading enterprises such as lithium batteries, photovoltaics and glass, and further optimize the customer structure of soda ash. Firmly grasp the main force of salt supply in channel positioning, and during the reporting period, the sales volume of small packaged salt in the province exceeded 100,000 tons, with a market share of over 70%, a record high since the salt reform. Fourth, the export scale has grown steadily. During the reporting period, seven new exporting countries, including Britain, Saudi Arabia, New Zealand and United Arab Emirates, exported 368,800 tons of products and earned about US$ 45.19 million. According to the data released by the General Administration of Customs,The company’s salt export accounts for more than 30% of the total national salt export for many years, and its export share is leading the country. Among them, the company’s export of salt to Hong Kong accounts for over 80% of the total export of salt from the Mainland to Hong Kong, and the export of salt to Vietnam accounts for over 70% of the total export of salt from China to Vietnam.

  Production and operation. The first is to ensure the steady operation of production. Make full use of the intelligent factory platform, strengthen the management and optimization of the whole production process, strengthen the equipment operation management, keep the dynamic steady-state operation time above 95%, and the annual output of saline-alkali calcium products has reached a new high. The second is to continue to tap the potential internally. The results of energy saving, carbon reduction and consumption reduction are obvious. The average steam consumption of alkali products decreased by 7.84% and limestone consumption decreased by 4.93%. The energy consumption of light and heavy soda ash decreased by more than 6% year-on-year, approaching the national benchmark level; Increase the technological transformation of energy-saving process equipment. A number of energy-saving technical transformation projects, such as waste heat recovery of steam condensate from soda calcination, high-temperature resin water production in power plant and waste heat recovery of secondary condensate from salt and calcium, have been completed successively, saving 10,000 tons of standard coal annually. Strengthen the management of procurement bidding, optimize the procurement pricing mechanism of important bulk raw materials such as coal, and further reduce the procurement cost. Constantly broaden the cooperation channels of logistics and transportation, and strive to reduce logistics costs. The third is to guard the bottom line of product quality. Carry out special actions to improve quality, strengthen the construction of quality management system, and strictly implement three-level quality grid monitoring. Successfully passed the on-site audit of the replacement certificate of the national salt fixed-point production enterprises. Build a high-standard testing laboratory and pass the on-site evaluation by China National Accreditation Committee for Conformity Assessment (CNAS).

  Scientific research and innovation. Companies adhere to the market-oriented, strategy-driven, relying on innovative platforms to promote the construction of science and technology center projects, strengthen cooperation with Industry-University-Research of Chinese Academy of Sciences, East China University of Science and Technology and other research institutes, and focus on technological innovation and key technology research in process upgrading, energy saving and emission reduction, new product research and development, carbon capture and utilization, lithium extraction from brine, salt cave energy storage (gas), digital transformation, etc. Jointly applied for the research project of Jiangxi Province’s major scientific and technological research and development project "Research and demonstration of key technologies of compressed air storage power generation in salt caves" in 2023, completed the registration of five scientific and technological achievements, obtained six software copyrights in intelligence, and obtained 37 new authorized patents, including four invention authorized patents. The affiliated company, Jingyao Salinization, was selected as the "5G+ Industrial Internet" demonstration enterprise in 2023 and the third batch of manufacturing pilot (cultivation) enterprises in Jiangxi Province; The affiliated enterprises Fidelity Salt Chemical and Jiangyan Packaging were awarded the title of "Innovative Small and Medium-sized Enterprises in Jiangxi Province" and "Specialized and Special New Small and Medium-sized Enterprises in Jiangxi Province" in 2023. Jiangyan Packaging also won the honorary title of "Jiangxi Science and Technology SMEs" in 2023.

  In terms of project construction. The company firmly established the concept of "project is king". During the reporting period, Fidelity retired from the city and entered the garden, and the intelligent project of 600,000 tons/year salt products entered the final stage. The trial production of the whole line of small packaging was completed, which has met the production conditions and is expected to be put into production in April 2024. The pipe network of the cogeneration central heating project in Zhangshu Industrial Park has been completely completed, and the power access system has completed the interconnection of important equipment, which is expected to be completed and put into operation in the third quarter of 2024. The high-strength calcium sulfate project changed from technical research to achievement transformation stage, which broke ground in December and is expected to be put into production in the second quarter of 2024. The energy-saving technical transformation project of soda plant was promoted in an orderly manner. The procurement of related equipment and the bidding for building construction have been completed. The energy-saving technical transformation project of salt and nitrate plant has been completed, and it has the conditions of single machine and linkage commissioning, and it will enter the trial production stage in the first quarter of 2024. Science and Technology Innovation Center completed the project establishment and design work.

  Governance efficiency. The company focuses on standardized governance and improves management efficiency in all directions. First, the three-year action of reform and innovation ended with high quality, and the reform achievement was rated as Grade A. The affiliated company Jinghao Salt Chemical Company was successfully selected as the "Double Hundred Actions" enterprise of state-owned enterprise reform of the State Council SASAC. The second is to carry out in-depth benchmarking to create value. Implement the target requirements of "one profit and five rates", continue to benchmark and create targets, strengthen the guidance of business indicators, realize the simultaneous improvement of benefits and income, and further strengthen employees’ sense of acquisition and happiness. The intensity of R&D investment and the efficiency of scientific and technological output have been continuously improved, the overall asset-liability ratio has been low, and assets are safe and of good quality. The third is to strengthen basic management and consolidate the compliance management system. Give full play to the supervision forces such as discipline inspection, auditing and legal affairs, standardize the whole process system such as external information disclosure and internal report on major issues, and establish a "firewall" for compliance operation of listed companies. During the reporting period, it was awarded the honors of "Jiangxi Social Responsibility Enterprise", "Jiangxi Leading Enterprise of the Year", "Excellent Practice Case of Rural Revitalization Project of National Listed Companies" and "Excellent Case of Corporate Governance".

  

  Ii. the industry in which the company is located during the reporting period.

  1. Salt industry

  According to the classification of uses, salt products can be divided into salt and industrial salt. Salt is a necessity for residents’ daily life, with relatively stable production and sales volume and weak demand periodicity. On the whole, the existing domestic salt production capacity is greater than the consumption demand, and there is a certain degree of oversupply. At the same time, due to the promotion of salt reduction movement and the overall stability of population size, the total domestic salt consumption is stable at around 10 million tons, and there is a slow downward trend. Since the salt reform abolished the regional restrictions and price restrictions on salt production and marketing, all provincial salt wholesale enterprises have carried out cross-regional business, and the differentiated competition in the industry has become increasingly fierce. From the point of view of product price, with the intensification of competition among major salt enterprises, the wholesale price of salt has declined, but the price of salt at Shangchao terminal has remained basically stable, and profits have gradually shifted from wholesale enterprises to retail enterprises. Therefore, enterprises with integrated production and marketing and strong channel control ability have stronger ability to cope with challenges. As a bulk raw material, the production and sales of industrial salt mainly depend on the downstream operation of the two alkali industries, with high price sensitivity and obvious periodicity. At the same time, as a basic raw material for industry, industrial salt has a high degree of homogeneity. With the improvement of energy conservation and environmental protection requirements, the technology, process and equipment are constantly upgraded, forming a salt enterprise with scale effect and cost advantage, and its competitive advantage is becoming more and more obvious.

  2. Soda industry

  Soda soda is a basic chemical raw material, which is widely used in glass, chemical industry, light industry, paper making, textile and other industries, with strong periodicity. From the supply side, there is little difference between the quality and performance of soda ash products, and the competitiveness is mainly reflected in the production cost. In 2023, the production capacity of soda ash industry will be greatly improved, and the proportion of natural soda will gradually increase, and the market competition will be intensified. With the strengthening of environmental protection, energy conservation and emission reduction, some inefficient production capacity will gradually withdraw from the market in the future, and enterprises with resource advantages, cost advantages, technological advantages, capital advantages, management advantages and circular economy model of the whole industry chain will be in a favorable position in the future competition. From the demand side, the glass industry is the most important downstream industry of soda ash. Under the background of peak carbon dioxide emissions, carbon neutrality and national strategy, the rapid growth of newly added photovoltaic installed capacity drives the growth of photovoltaic glass demand, which further drives the demand for soda ash. In addition, with the development of new energy automobile industry and the increase of green energy supply such as wind, light and water, the demand for energy storage batteries will gradually increase. As an essential material for lithium carbonate production, soda ash is expected to contribute to the new demand.

  

  Iii. Business of the Company during the reporting period

  (1) Main business

  Underground mining of rock salt; Research and development, production, processing and sales of salt products such as salt, industrial salt and sodium sulfate and salt chemical products such as soda ash and baking soda.

  (2) Business model

  The company has gradually built a perfect integrated business model of production and sales. The company has abundant upstream salt mine resources, and promotes the group operation mode of centralized procurement, production and sales of bulk materials.

  Production: according to the mode of "unified planning and fixed production by sales", the annual production plan is made according to the stable customer demand, the expected incremental orders in the market and the inventory reserve plan.

  Sales: Salt and salt chemical products are sold to domestic and foreign markets. The company’s salt (edible small package salt, salt for food processing) business adopts existing channels, self-built branches and self-built sales outlets for direct sales and wholesale. Edible salt is a necessity for residents’ daily life, and the production and sales volume are relatively stable, basically without periodicity. Industrial salt and salt chemical products are mainly sold to customer terminals through direct selling and trader mode, with the help of traders with qualified business qualifications, and the sales are all buyout. Downstream manufacturers and customers mainly include fine chemicals, glass, new energy and other industries, and the customer base is relatively stable.

  R&D: Independent internal R&D is carried out through its own provincial innovation platform, namely, Jiangxi Underground Recycling Engineering Research Center of Rock Salt Resources and Jiangxi Jinghao Salt Chemical Co., Ltd. Technology Center. At the same time, it maintains long-term and stable R&D cooperation with research institutes inside and outside the province, such as East China University of Science and Technology, Wuhan Institute of Geotechnical Mechanics of Chinese Academy of Sciences, Jiangxi University of Science and Technology, etc., and jointly builds R&D platforms to carry out R&D work.

  

  Iv. analysis of core competitiveness during the reporting period

  (A) the advantages of well mineral salt resources

  Jiangxi province is a province with large salt resources in China, in which the production capacity of well and mineral salt ranks in the forefront of the country, and well and mineral salt has more advantages in production continuity and supply stability. The rock salt resources in Jiangxi Province are located in Qingjiang Basin (now Zhangshu City and Xingan County). The "Qingjiang Yantian" covers an area of 133.06 square kilometers and has a total reserve of more than 11 billion tons. Salt raw materials are collected from underground deep well rocks below 1,000 meters. The average grade of sodium chloride in a single seam of Qingjiang rock salt deposit is as high as 96.23%, and the average grade of sodium chloride in most seams is between 50% and 80%, so the mining conditions are superior. All the quality indexes are higher than the national standards, and it is high-quality mineral salt. Jinghao Salt Chemical Company and Fuda Salt Chemical Company are adjacent to Qingjiang rock salt deposit. The mining rights of the three mining areas have a total of 640 million tons of their own rock salt resources, which are of excellent quality and provide a solid resource guarantee for the company’s long-term sustainable development.

  (B) Green circular economy and comprehensive cost advantages

  The company takes the domestic leading and international advanced underground circulating alkali-making process as the main chain, and connects the whole salt-making and salt chemical industry chain in series with the comprehensive utilization of light calcium liquid alkali slag and salt-making condensed water as the key point. Based on the absorption and introduction of underground circulation technology, new technologies such as two-phase flow circulation well injection were independently developed, and the underground circulation mode was put forward, which solved the problems of temperature reduction, transportation and well injection in the two-phase transportation of soda ash calcium liquid alkali slag. After the waste slag was injected into the well, it was used as the filler of the mined-out rock salt solution cavity, which not only strengthened the safety of the mined-out solution cavity, but also solved the treatment costs such as dam building and filter pressing, and solved the pressure of environmental protection on the ground, and effectively solved the treatment cost of soda ash liquid calcium alkali slag by ammonia-alkali method. At the same time, based on the exploitation of underground mineral salt, the company exploited low-nitrate brine (used to prepare soda ash and baking soda), nitrate brine (used to prepare salt products and mirabilite) and calcium brine (used to prepare salt products and calcium chloride products) through the combination of dilute calcium solution and underground mineral resources with different components, and completed the purification, deployment and transportation of brine through the brine deployment center. Domestic advanced technology with independent intellectual property rights is adopted to complete purification, allocation and transportation, and graded reuse of condensed water, so as to realize resource recycling in the whole process, zero discharge of production wastewater and waste liquid, low product energy consumption and high resource utilization rate. A new model of green circular economy for comprehensive utilization of resources is constructed, and a comprehensive cost competitive advantage is formed. Besides,The company has three 700t/h high-temperature and high-pressure circulating fluidized bed coal-fired boilers and two 55MW back-pressure steam turbine-generator sets in its own thermal power station, which ensures the production of steam in the company’s existing devices, realizes most self-sufficiency in electricity, and has comprehensive benefits such as energy saving and environmental protection.

  (C) the advantages of integrated production and marketing

  The company has absolute advantages in production qualification, resource reserve and comprehensive production cost, and is one of the first modern joint-stock enterprises in the industry to realize the integration of production and sales. The company has built two modern production bases, namely, Jinghao Salinization and Fuda Salinization, and formed two core business segments, namely, salt making and salt chemical industry, which have obvious characteristics and strong competitiveness. It has a complete procurement, production and sales system, and Jinghao Salinization and Fuda Salinization have both passed the national high-tech enterprise certification. With the further extension of the company’s industrial chain, the upstream and downstream of the industrial chain have built a stable and mutually beneficial co-production and co-marketing system with win-win cooperation, and the scale cost advantage has been further enhanced.

  (D) Channel advantages

  Based on Jiangxi salt market, the company has built a commercial circulation network all over the province’s urban and rural areas, realized the intensive cultivation and channel sinking of the salt market in Jiangxi Province, stabilized the carrying capacity and value of the channel, occupied a dominant position in the salt market in Jiangxi Province, and was the main supplier of salt products in southern China. At the same time, the company launched an e-commerce platform and live delivery, and opened up a variety of online sales channels. In addition, the export business has been increased year by year. The company’s products are sold to Hong Kong, Macau, Taiwan Province and other regions, as well as countries and regions such as Britain, Saudi Arabia, New Zealand, United Arab Emirates and Southeast Asia. The export volume of salt accounts for more than 30% of the total national export volume, ranking the leading position in the country.

  (E) Market location advantages

  Yichun City and Xinyu City, Jiangxi Province are important lithium battery material production bases and photovoltaic industry gathering places in China, which are important sales markets for the company’s soda ash products and close to downstream industry gathering places, creating good conditions for the company to develop and serve high-quality customers. In addition, Guangdong, Fujian, Zhejiang and other provinces bordering Jiangxi Province are one of the largest consumption regions of chemical raw materials in China, which are close to the consumer market and have few competitors in the regional market, forming a relatively obvious market location advantage.

  

  V. Main operations during the reporting period

  In 2023, the company actively responded to the complex and ever-changing external situation. The company adhered to the goal of high-quality development, focused on key difficulties, strived for progress steadily, based on innovation, improved quality and efficiency, and promoted a substantial increase in operating performance throughout the year. The company achieved a total operating income of 2.888 billion yuan; The total profit was 590 million yuan, a year-on-year increase of 17.89%; The net profit attributable to shareholders of listed companies was 495 million yuan, a year-on-year increase of 17.47%.

  

  VI. The Company’s Discussion and Analysis on the Company’s Future Development

  (A) the industry pattern and trends

  (II) Company development strategy

  Adhere to the strategic main line of comprehensive recycling development and utilization of salt resources, focus on serving the national strategy, serve the overall development of the province, and serve the social and people’s livelihood security. Based on salt, strengthen and expand the strategic function of salt as "the ancestor of all kinds of flavors, the mother of chemicals, the foundation of new energy and the foundation of new materials".

  Focus on the main business, consolidate and strengthen the salt chemical sector, and build a competitive barrier for comprehensive utilization of salt resources; Enlarge the salt production and circulation sector to create a second growth curve; Accelerate the integration into Shuangxin (new energy and new materials) track, develop new businesses such as salt cave energy storage (gas) and comprehensive utilization of carbon dioxide, cultivate new growth poles, and accelerate the construction of a leading salt industry group in China.

  (3) Business plan

  In 2024, the company will focus on the overall goal of "enhancing core competitiveness and promoting high-quality development", and take advantage of the situation and forge ahead. First, strive for strong management, promote industrial transformation and brand upgrading, and strive to create a "value river salt." Focusing on improving the comprehensive recycling value of salt resources, we will further build, extend and strengthen the chain, accelerate the project under construction to achieve stable production and promote the high-end, green and intelligent development of salt making and salt chemical industry. Promote the "horizontal integration" of the salt industry chain, release the synergistic advantages of production and marketing, consolidate and enhance the market share of salt in the province and the leading edge of overseas markets, and vigorously open up markets outside the province. The second is to take the opportunity of reform, deepening and upgrading actions, comprehensively set standards and create standards, and strive to create a "vibrant river salt". Promote the long-term modernization of corporate governance and operating mechanism. Strengthen the training of cadres and talents. Implement the company’s talent development plan and training plan, do a good job in the construction of enterprise cadres’ talent team, and help the strategy of "strengthening enterprises through talents". According to the assessment orientation of "one profit and five rates", we will improve the assessment index system of high-quality development and solidly promote the company’s "14 th Five-Year Plan" objectives. The third is to persist in scientific and technological innovation to achieve green transformation and development, and strive to create "innovative river salt". We will deepen cooperation with Industry-University-Research and continue to promote the implementation of key technology and key product innovation projects. We will promote major projects under construction and research and development, such as high-strength calcium sulfate, energy storage in salt caves, lithium extraction from brine and comprehensive utilization of carbon dioxide, and continue to promote the green transformation of enterprises. Accelerate the construction and digital transformation of science and technology innovation center, and build the company’s intelligent production, intelligent management, intelligent operation and intelligent warehousing system.Realize intelligent production and digital management. The fourth is to highlight the leadership of party building, continue to promote the integration of study and implementation with production and operation, and strive to create "diligent and honest salt". Strictly implement the "three majors and one big" decision-making system, integrate the construction of diligence and honesty into the overall development of enterprises, and give play to the effectiveness of supervision and governance. Encourage and guide managers at all levels to dare to take responsibility and do good deeds, and thoroughly practice the company’s responsibility culture. The fifth is to fulfill the mission of state-owned enterprises and strive to create a "responsible river salt". Coordinate development and safety, implement the requirements of rural revitalization and safe construction, focus on preventing and resolving various risks, do a good job in environmental protection and social responsibility disclosure, promote the development achievements of enterprises to benefit more cadres and workers, and create a good atmosphere of harmony, entrepreneurship, harmony and peace.

  (4) Possible risks

  1, the macro environment and the risk of product price fluctuations.

  The company’s main products, such as industrial salt and soda ash, belong to bulk raw materials, and the company’s operating performance is greatly related to the macroeconomic prosperity and the development of downstream industries. Commodity prices are influenced by economic environment, supply and demand and other factors. If the future macroeconomic uncertainties lead to downward pressure on the economy, it will inhibit the sustained growth of the company’s performance. The company will strengthen the prediction of economic operation and market, optimize production technology and flow while improving the efficiency of product development and utilization, improve production efficiency, and strive to reduce production and manufacturing costs. At the same time, it will actively expand the market, increase market share, increase production and sales, and reduce business risks brought about by price fluctuations.

  2. Market operation risk

  With the progress of salt reform, the independent operation of salt enterprises across provinces has intensified the competition in the salt market. If the competition in the salt market continues to increase in the future and the price fluctuation of salt increases, it may have an impact on the company’s performance. The company has the strength to actively go out and seize the market across regions. The company will pay close attention to the industry development and market changes, and make timely response strategies to open up a broader space for the company’s development.

  3. Safety and environmental risks

  As a chemical production enterprise, the company has certain safety and environmental protection risks. However, the company attaches great importance to safety production, has established a perfect safety production management system in accordance with relevant national laws and regulations, and has continuously accumulated rich experience in preventing safety production accidents. At the same time, under the background of the national development strategy of "peak carbon dioxide emissions, carbon neutrality", various pollution control and emission reduction measures have been implemented, new technologies and new processes have been adopted to carry out energy-saving and carbon-reducing technological transformation, and a set of environmental protection related systems have been established and effectively implemented, so as to continuously build green factories. The company’s existing production devices and investment projects with raised funds meet the requirements of national industrial policies on industrial layout, device scale and technology, energy consumption and environmental protection.

Biden announced a number of administrative measures to control guns.

  Xinhua News Agency, Washington, April 8 (Reporter Xu Jianmei, Deng Xianlai) On the 8th, US President Biden announced a series of administrative measures to strengthen gun control and reduce gun violence.

  Biden made a speech in the White House Rose Garden that day, saying that gun violence in the United States is taking lives every day and leaving lasting scars on the community. "Gun violence is an epidemic in the United States and embarrasses the United States internationally."

  These administrative measures include: the Ministry of Justice issued a proposed regulation to stop the proliferation of "ghost guns" within 30 days; Issue separate regulations on strengthening the control of pistol "stable bracket" within 60 days; Publish the "Red Flag" icon warning sample regulations that are convenient for States to refer to within 60 days; The Ministry of Justice will release the first report on gun smuggling in the United States in 21 years; Federal agencies will increase funding for community projects to reduce gun violence in cities by non-custodial means.

  "Ghost gun" is a gun that is self-processed and assembled by purchasing parts, and there is no traceable commercial serial number; The "stable bracket" can turn the pistol into a more lethal and accurate rifle, and it is not subject to the legal constraints of supervising rifles; The "Red Flag" law allows local courts to prevent people who are suicidal or may pose a danger to others from obtaining guns for a period of time at the request of relatives and friends of the parties concerned or local law enforcement departments.

  Biden said that he hopes to treat the parts of the "ghost gun" as guns in accordance with the gun management law, and that merchants will be equipped with serial numbers when selling parts and conduct background checks on buyers. He said that in some states that have enacted "Red Flag" laws, the number of people who commit suicide with guns has decreased.

  Biden also nominated David chipman as the director of the Bureau of Alcohol, Tobacco, Firearms and Explosives of the United States. chipman, who advocated gun control, has worked in the Bureau for 25 years.

  According to American media reports, in 2020, nearly 20,000 people in the United States died of gun violence, and another 24,000 people committed suicide with guns. Gunmen have become worse this year, and major shootings have occurred in Georgia, Colorado and California recently.

  On March 11th, the House of Representatives controlled by the Democratic Party of the United States passed two bills to strengthen the background investigation of gun purchase, but they were blocked in the Senate. Analysts believe that due to the long-term sharp opposition between American society and the democratic and Republican parties on the issue of gun control, it is uncertain whether the new gun control measures introduced by the Biden administration can be effectively implemented.

Analysis of seal 07DM-i can win this time!

In the development of science and technology, the automobile industry has always been at the forefront, and advanced technology will be the first to arm cars, which has attracted the attention of many consumers. The late car cost of 07DM-i is the focus of its potential consumers. Let’s get to know each other.

First of all, from the appearance, the front face of Seal 07DM-i presents an elegant design style, which makes people unforgettable. Combined with headlights, it can win the love of young people. The car is equipped with LED daytime running lights, automatic opening and closing, adaptive far and near light, delayed closing and so on. Coming to the side of the car body, the size of the car body is 4980MM*1890MM*1495MM. The car adopts avant-garde lines, and the car body presents a cold design style. With large-sized thick-walled tires, it looks full of movement. In the design of the rear end, the rear end looks very simple, the taillights show a dignified design style, and the overall layout is impressive.

When I came into the car, the interior was eye-catching and full of fighting atmosphere. The steering wheel of the car is very exquisite in shape, equipped with functions such as manual steering wheel up and down+front and rear adjustment, steering wheel heating, etc., which looks a little more angular. Take a look at the central control. The design of the center console is reasonable, which makes the interior design quite layered, and the overall design of the central control is remarkable. The interior feels good. Let’s take a look at the dashboard and seats. The dashboard design is remarkable and full of technology. The car uses leather seats, which are wrapped in place and have good overall comfort.

Next, look at the configuration. Seal 07DM-i is equipped with car networking, driving mode selection, remote control key, Bluetooth key, NFC/RFID key, indoor ambient light, traction control (ASR/TCS, etc.) and other configurations.

Do you have the urge to buy a car after reading the whole article? Let me make a summary. The Seal 07DM-i introduced today is not only eye-catching in space, but also has reached the mainstream level in various configurations, and there is nothing to be picky about driving experience and space experience.

A new generation of Changan Yidong official map released

  Changan Automobile released the official map of a new generation of Changan Yidong (officially called the third generation of Changan Yidong), and the new car is no different from Changan Yida, which has been listed before. Based on this, it is speculated that Chang Anyida will be renamed as a new generation of Changan Yidong, and it is expected to be sold together with Yidong PLUS.

A new generation of Changan Yidong official map released _fororder_image001

  The third generation of Chang ‘an Yidong adopts the design language of "everything is vertical and horizontal", and the front face is composed of borderless middle net with hollow lattice decoration, which shows a strong sense of movement with the long and narrow headlight group. The rear of the vehicle is equipped with a spoiler similar to a duck tail, and the exhaust gas with two outlets on both sides is adopted. The length, width and height of the third generation Changan Yidong are 4770/1840/1440mm, respectively, and the wheelbase is 2765mm.

A new generation of Changan Yidong official map released _fororder_image002

  The third generation Changan Yidong is equipped with a full LCD instrument panel and a dual-spoke multi-function steering wheel. The central control center is equipped with a large-size multimedia touch screen with vertical layout, and the central channel area is also equipped with a yacht-style electronic gear shifting mechanism. The entire center console is designed as a paragraph-style shape, showing a very good three-dimensional sense. The third generation Changan Yidong will add driving recorder, 360 panoramic image, mobile phone interconnection and intelligent voice control system of Xunfeiyu OS to all models.

A new generation of Changan Yidong official map released _fororder_image003

A new generation of Changan Yidong official map released _fororder_image004

A new generation of Changan Yidong official map released _fororder_image005

  The third-generation Changan Yidong will be equipped with the NE1.5T turbocharged four-cylinder engine of Blue Whale, with a maximum power of 170 HP and a maximum torque of 260 Nm, matched with a 7-speed dual-clutch gearbox, and the vehicle will be driven by front wheels. The third generation Changan Yidong or canceled the automatic start-stop function of the engine, so the fuel consumption under WLTC condition also increased slightly to 6.14L/100km. (Source: Changan Automobile)

2025 Geely Binyue L is now on the market in November, with a new front face and a 14.6-inch central control screen.

Recently, Geely Automobile officially released the 2025 model and announced that the model will be officially launched in November. As a new member of the family, the 2025 Binyue L has been fully upgraded in appearance, interior and power system, which is highly anticipated.

Compared with the current models, the design of the 2025 Binyue L has been adjusted, and the overall shape is more fashionable and dynamic. In the front part, the new car adopts a large-size banner front grille and is equipped with a brand-new headlight group. The LED light source is used inside the headlight group, which has high recognition after lighting, giving people a very delicate feeling.

On the side of the car body, the lines of the new car are very smooth, and with the sporty rims, the overall shape is very young. In terms of body size, the length, width and height of the 2025 Binyue L are 4330/1800/1609 mm respectively, and the wheelbase has reached 2600 mm, which has improved the space performance compared with the current models.

Entering the car, the interior design of the 2025 Binyue L gives people a very refreshing feeling. Above the center console, a 14.6-inch central touch screen is very eye-catching. With the brand-new E02 cockpit chip, the system is very responsive and operates smoothly.

In addition to the big screen, the new car is also equipped with a full LCD dashboard and a sense of technology. It is worth mentioning that the central control system of 2025 Binyue L supports desktop customization function, and users can quickly set commonly used functions according to their own preferences, which is very convenient to use.

In terms of power system, the 2025 Binyue L is equipped with a 1.5TD engine, with a maximum power of 133 kW and a peak torque of 250 Nm, with excellent power performance. Thanks to the lightweight body and advanced power adjustment, the 0-100 km acceleration time of the 2025 Binyue L is only 7.6 seconds, which gives people a very strong driving pleasure.

In contrast, the comprehensive fuel consumption of the 2025 Binyue L is only 6.35 liters per 100 kilometers, and its fuel economy performance is excellent, which is very friendly for daily urban commuting.

In addition to excellent power performance, the 2025 Binyue L will also be equipped with a number of L2 intelligent driving assistance systems, including adaptive cruise, lane keeping assistance, automatic parking and other functions, which greatly improves the safety and convenience of driving.

It is foreseeable that with the continuous development of intelligent technology, the small SUV market in the future will pay more and more attention to intelligent configuration, and the launch of the 2025 Binyue L will undoubtedly provide consumers with more choices and may also lead the technical trend of small SUVs in the future.

As a brand-new small SUV, the launch of the 2025 Binyue L will undoubtedly have a certain impact on the current small SUV market. With the increasing demand of consumers for small SUVs, major automobile manufacturers have also increased their layout in this market segment, and the competition can be said to be quite fierce.

As an old model in this market segment, Geely Binyue has always been loved by consumers. With its excellent cost performance and rich configuration, Binyue series models have also achieved good results in the market.

It is foreseeable that the launch of the 2025 Binyue L will further enrich the market choices, and may also have a certain impact on competing models at the same level, especially in terms of cost performance, Binyue L is expected to have a certain competitive advantage.

With the continuous popularization of new energy vehicles, more and more consumers begin to pay attention to electric vehicles, and traditional fuel vehicles are also facing certain challenges. It is foreseeable that the future automobile market will develop in the direction of electrification.

As a well-known automobile manufacturer in China, Geely Automobile has always attached great importance to the research and development and production of new energy vehicles. It can be guessed that in the future, Geely may launch an electric version of Binyue L to meet consumers’ demand for electric SUVs, and may also make breakthroughs in cruising range and charging convenience to provide consumers with a better car experience.

Static luxury and dynamic flagship seven-seat SUV FAW Toyota Crown Land Fang is about to debut

   There is a quality that tells of ingenuity and meticulous attention to detail.

   There is a kind of feeling, glory inherits a Jiazi unchanged original intention;

   With a car, the founders of the new era have one more choice.

   It is the first flagship SUV under the FAW Toyota Crown brand, Crown Land Fang. Crown Land Fang is positioned as a static luxury and dynamic flagship seven-seat SUV. With its dynamic and domineering appearance, high-end static luxury interior space, and rich advanced configuration, once it was unveiled, it captured the hearts of many "Crown fans", and its popularity is far beyond imagination! Now, Crown Land Fang is about to launch on the evening of August 27 in Damei Dunhuang with a unique press conference to officially announce its arrival!

   Speaking of the crown, many people are not unfamiliar with it. It is not only the prototype of Japan’s top luxury car Century, but also the originator of Lexus. It has opened people’s awareness of luxury cars with extraordinary bearing, outstanding literacy, and luxurious interior, and has become the "brand belief" in people’s hearts.

   This high-end brand with a history of 66 years and 15 generations of inheritance has continuously surpassed its own peak with "classic inheritance and unremitting change". Today, Crown Lufang, built on the TNGA architecture, will once again achieve self-transcendence in the history of Crown brand with excellent product power.

   Thanks to the TNGA-K platform empowered, Crown Lufang integrates dynamic appearance, quality driving and advanced configuration, and is designed to lead the innovation trend, break through the life pattern, and advocate the new era of self-reliance and altruism.

   Crown Lu Fang uses the "Powerful Suave" design concept, adhering to the two classic strong genes of Crown and Land Patrol, to build a new design language of dynamic advanced and powerful bravery. In terms of appearance, dynamic elements can be seen everywhere on the car body, and the powerful waist line of the body gives people a visual impact that is ready to go, instantly arousing your driving desire!

   When you enter the car, you can create a high-quality interior with a rich selection of textured interior materials, delicate and delicate sewing techniques, and enjoy a comfortable and flexible interior space, making it instantly your high-end private domain.

   In addition, the Crown Land Ramp is equipped with a new generation of TNGA 2.5L dual-engine hybrid system, combined with the E-CVT gearbox, which takes into account power and fuel economy. The blessing of the E-Four electronic four-wheel drive system allows it to bring an excellent driving experience in any road condition.

   In terms of configuration, in addition to the standard new generation of Toyota Safety Sense (Toyota collision avoidance assistance package), there are HUD head-up display system, 12.3-inch multimedia navigation system, intelligent voice interaction system, facial recognition function and a series of high-tech configuration, so that the driver is safer and more comfortable.

   Of course, these configurations are just the tip of the iceberg for Crown Land. More high-tech configurations are yet to be discovered in person after it goes on sale.

   The strong product power has naturally brought high attention from users. Since the pre-sale of Crown Land Place began on July 3, as of August 17, the total order volume has reached 6,608 units, achieving 132% of the established target, far exceeding expectations.

   So, such a heavyweight product, in what way will we meet? At that time, not only will live streaming host Chen Weihong talk to Dunhuang expert Mr. Ma Jingchi to talk about the diverse Dunhuang culture, but also the majestic car formation, the trend-leading slow live broadcast… There are also national mountaineering athletes Sun Bin, well-known actor Lu Jingshan, etc. present at the scene to interpret a high-quality lifestyle.

   More importantly, the price of the model and a series of guarantee policies will also be announced one by one on the evening of August 27th. In addition, on August 28th, the national dealership will also hold a store listing launch event. Friends who are interested in Crown Land Fang may wish to come to the store to see the style of Crown Land Fang in person.

   Inheriting classics, casting legends! Meet FAW Toyota’s official release platform and enjoy the wind of the desert crown king together!

   August 27th at 18:30 pm, so stay tuned!

Smart driving upgrade! 2025 Honda Accord launched

Looking at the global market, Chinese users’ expectations and enthusiasm for intelligent driving should be one of the highest, so many traditional brands will take special care of this part of the configuration, and even choose domestic models for the launch of technology.

For example, the 2025 Honda Rui T mobile flagship version priced at 238,800 yuan listed on September 26 is equipped with the world’s first Honda SENSING 360 +, and the upgraded smart driving system obviously makes the old player of Accord competitive enough to be on an equal footing with new forces at the same level. Combined with the excellent reputation of past generations, it seems that Guangben still needs it to continue to serve as the mainstay of the car series.

And the price of 214,800 yuan sharp · T move premium version can also spend 15,000 yuan to install the intelligent driving system, it is reported that in the future, the hybrid version of the model will also be equipped with the system.

Since it is an annual model change, and everyone is familiar with Accord, we will focus on this smart driving system.

Before going into the details of various functions, I want everyone to understand one thing. Unlike the concept of new power car building, traditional brands have always been conservative in their smart driving strategies, not because of technical reasons, but because they have more obsession and pursuit of safety.

The reason why I say this is not to help them "wash", just use the L2 level intelligent assistance system that various brands are most willing to talk about a few years ago as an example, ACC adaptive cruise and LCC lane keeping, who can’t? The problem is that with this function, whether it is good or not is a two-dimensional matter.

Traditional car companies, including Honda, pay more attention to safety redundancy and the delicacy of vehicle execution, rather than using these functions as marketing gimmicks to attract customers.

Although Honda SENSING 360 + initially chose the domestic version of Accord, it was developed for the global market, which means that the hardware, software, algorithms, etc. behind it have to go through the strictest regulations in North America, the European Union and other regions, and then to the local picky consumer verification.

This 2025 Accord equipped with the Honda SENSING 360 + system is composed of 8 ultrasonic radars, 5 millimeter-wave radars, 6 cameras, and a driver monitoring camera in the car. Combined with high-precision maps, it can achieve high-speed navigation functions, such as autonomous overtaking slow cars, entering and leaving off-ramp and curve deviation warning. It is worth mentioning the latter. The system combines map information and cameras to determine whether the current speed is too fast for this curve, so as to autonomously control a suitable speed.

The camera in the car will identify the driver’s situation, such as fainting from illness or closing the eyes for a long time. When the reminder is invalid, it will automatically turn on the double flashing lights, slow down and stop, and call the emergency rescue center. In the face of increasingly complex urban environments, the door opening warning function is also very practical. When opening the door to detect an incoming car behind, sound and light will be reminded together to maximize the safety of family, friends and other road participants.

The rest of the 2025 Accord will be consistent with the current model. In the blink of an eye, the Accord has arrived at the 11th generation of models. Although the market position of medium-sized fuel vehicles has been repeatedly challenged under the impact of new energy in recent years, with the endorsement of the Honda brand and the solid basic skills of the product, Guangben Accord still has a considerable number of loyal fans. Now it has focused on upgrading smart driving, which is undoubtedly more competitive. If the smart driving system will be gradually distributed to more entry-level models in the future, and even A-class cars such as models, I believe it will be able to largely reverse consumers’ prejudices towards Japanese intelligence.

New choice for quality life! Blue Electric E5 PLUS official picture released, luxury upgrade

Recently, Blue Electric Motor officially announced the official picture of its new masterpiece, instantly becoming the focus of the automotive industry. This new car, which combines beauty and practicality, is exposed with stunning official pictures, indicating that family travel is about to enter a new era.

The official picture of the Blue Electric E5 PLUS shows its unique design charm, with minimalist futuristic body lines and Aurora green body paint, showing a strong visual impact. In terms of interior, the new car also performs well, with two seat layouts of five seats and seven seats, providing a variety of choices for different families.

In terms of space design, the Blue Electric E5 PLUS has made great efforts. The effective space in the car reaches 3162mm, ensuring that passengers have a spacious riding environment. In particular, the front soufflé seats are designed with multiple layers of comfort and stacking, bringing drivers and passengers the enjoyment of sitting in the cloud. One row of legroom reaches 917mm, while the second row of legroom of the five-seat model reaches 885mm, and the second row of seats can be adjusted rearward to 119 °, further enhancing the ride comfort.

The Blue Electric E5 PLUS also fully considers the actual needs of family travel. After the second and third rows of seats of the seven-seat model are reclined, a 1694L large space can be formed to meet the various needs of family travel. This flexible and changeable space layout will undoubtedly greatly enhance the convenience and comfort of family travel.

With the exposure of the official picture of the Blue Electric E5 PLUS, consumers’ expectations for the car continue to rise. It is reported that the new car will be officially launched for pre-sale at the end of September, and more details about this new car will be made public at that time. The arrival of the Blue Electric E5 PLUS will undoubtedly lead the new trend of family travel and bring consumers a better travel experience.

Lincoln Navigator’s Suspension System Exploration

According to Wuhan Hotline Network (nbdnews.cn), in the field of luxury cars, Lincoln has always been concerned about its excellent performance and comfortable driving experience. Among them, the suspension system is one of the key factors affecting the driving quality of the vehicle, and Lincoln Navigator has an excellent performance in this regard.

The Lincoln Navigator is equipped with advanced suspension systems, including pneumatic suspension, which automatically adjusts the stiffness and height of the suspension according to different road conditions and driving modes, providing a smoother and more comfortable ride.

Suspension types affect the driving experience in many ways. First, different types of suspension have different shock absorption effects. For example, the traditional McPherson-type suspension has a simple structure and low cost, but it is relatively weak in terms of handling and stability. While the multi-link suspension can better control the trajectory of the wheels and improve the vehicle’s handling performance and stability.

Secondly, the stiffness of the suspension also affects the driving experience. A stiffer suspension provides better support, reducing body roll at high speeds and in corners, and enhancing vehicle handling. However, a strong suspension may result in a decrease in comfort on bumpy roads. On the contrary, a softer suspension is able to better filter the vibration of the road surface and provide a more comfortable ride experience, but there may be compromises in terms of handling.

In order to more intuitively demonstrate the characteristics of different suspension types, we can compare them through the following table:

Suspension Type Advantages and Disadvantages McPherson-type suspension has simple structure, low cost, small footprint, relatively weak handling and stability, multi-link suspension has good handling and stability, and can better control the wheel motion trajectory. High cost, complex structure, double wishbone suspension has strong anti-roll ability, adapts to high-speed and intense driving, takes up a lot of space, and costs high. Air suspension can automatically adjust height and hardness to adapt to different road conditions. Good comfort and high cost, complex maintenance

The pneumatic suspension equipped by the Lincoln Navigator combines the advantages of comfort and handling. In daily driving, it can effectively filter the small bumps in the road surface and provide passengers with a comfortable riding environment. And in high-speed and intense driving, it can provide sufficient support by increasing the hardness of the suspension to ensure the stability and handling of the vehicle.

In conclusion, the suspension system is an important part of a car’s performance, and different suspension types and characteristics directly affect the driving experience. Lincoln Navigator’s careful configuration in this regard undoubtedly brings consumers more excellent driving enjoyment.

Lexus RX family welcomes a new member RX 300 priced from 380,000 yuan

BITECH On September 28, LEXUS Lexus welcomed a new member of the RX family of medium and large luxury SUVs, the RX 300. On the basis of the current RX fully electrified model lineup, pure fuel models have been added to enrich the selection of RX models.

The new RX 300 delivers outstanding handling performance with a lightweight, high-rigidity body. Equipped with a new generation of inline four-cylinder 2.0L turbocharged engine + 8-speed automatic transmission (Direct Shift-8AT), it can output a maximum power of 182kW, providing the driver with an exciting, fast and agile driving experience.

Achieve excellent performance while being both environmentally friendly and economical. The wider transmission ratio range allows for both strong start acceleration and better fuel economy at high cruising speeds. The clutch control system of the new torque converter enables locking from low speed to full acceleration, resulting in a more linear and direct driving experience. The engine uses the D-4ST fuel injection system, which can precisely control the fuel system and turbocharger according to driving conditions, achieving low fuel consumption and increased low-speed torque, easily adapting to a variety of driving needs. The variable cooling system provides excellent cooling and warm-up performance according to engine operating conditions, further enhancing engine performance and helping to balance fuel consumption and air conditioning efficiency.

The new RX 300 uses an electronically controlled OurHours four-wheel drive system, which can provide real-time and accurate dynamic control of the vehicle’s front/rear axle power output (75:25 to 50:50) through a variety of sensor information (including but not limited to wheel speed sensors, steering angle sensors, etc.) according to the driving situation, providing excellent driving stability and smooth driving comfort. Even in slippery road conditions, the accuracy of road condition judgment can be improved through the acquisition of tire and road information, so that the driver can control the vehicle more confidently and control a variety of road conditions with peace of mind.