On November 9th, New Consumer Daily reported that the main content of today's New Consumer Daily includes: on the day of the launch of the Xiaopeng P7+model, the order volume exceeded 30000 units; Wahaha estimates that its performance scale will exceed 70 billion yuan by 2024; The second batch of new energy vehicle models for rural areas has been released this year.
Industry News
On the evening of November 9th at 8pm, JD.com launched the last round of promotion for Double 11
JD.com announced that on the evening of November 9th at 8pm, it will launch the last round of promotion and price reduction for Double 11. The discount models include direct discounts for the entire event, an additional subsidy of 60 yuan, and a 50 yuan discount for every 300 yuan spent across stores.
Wenjie's new M7 has delivered over 170000 units cumulatively
On November 8th, according to HarmonyOS, the new M7 series from Wanjie will deliver 170000 units in 2024, ranking first in sales among Chinese new forces for 10 consecutive months. It is reported that the entire Hongmeng Zhixing series has delivered 500000 vehicles, with the Wenjie M7 series accounting for nearly half.
SAIC Group delivered 457000 vehicles in October
SAIC Group announced on November 8th that it delivered 457000 vehicles in October, a year-on-year increase of 6.4% and a month on month increase of 12.7%, with wholesale sales of 402000 vehicles; In October, 161000 new energy vehicle terminals were delivered, a year-on-year increase of 51.2%.
Sony Group's Q2 net profit is 338.5 billion yen
On November 8th, Sony Group released its Q2 2024 financial report. The revenue for the second fiscal quarter was 2.9056 trillion yen, a year-on-year increase of 3%; Operating profit was 455.1 billion yen, a year-on-year increase of 73%; Net profit reached 338.5 billion yen, a year-on-year increase of 69%.
Zero Run Auto opens 49 new stores in October
On November 8th, according to Zero Run Auto, 49 new stores were opened in October. As of October 31st, 2024, Zero Run Auto has 698 stores nationwide.
Cadillac's new XT6 officially opens pre-sales
On November 8th, SAIC General Motors announced that Cadillac's new XT6 has officially started pre-sales, offering three versions with an official guide price of 449900-509900 yuan and a limited time pre-sale price of 349900-409900 yuan.
On the day of its launch, the Xiaopeng P7+model received over 30000 orders
On November 8th, Xiaopeng Motors announced that as of 24:00 on November 7th, there were 31528 units of Xiaopeng P7+Dading. The Xiaopeng P7+was officially launched on the evening of November 7th, with a starting price of 186800 yuan.
Tesla and six other car companies were among the first to receive the national automobile privacy protection label
According to the announcement released by the China Association of Automobile Manufacturers and the National Computer Network Emergency Technology Coordination Center, six automakers including BYD, Ideal, Lotus, Hezhong New Energy, Tesla, and NIO have become the first batch of car companies to meet the requirements of automotive data security compliance and obtain authorization for national automotive privacy protection labels.
Wahaha estimates that its performance scale will exceed 70 billion yuan by 2024
At the Wahaha Group's 2024 sales conference held on November 7th, Wahaha Group revealed that in 2024, Wahaha "successfully tied the performance scale of ten years ago". In 2014, Wahaha's revenue was 72.8 billion yuan, the second best performance in history. On November 8th, the reporter learned from informed sources that Wahaha's estimated performance scale for this year is expected to return to the range of 70 billion yuan. In 2023, Wahaha's sales performance is 51.2 billion yuan.
Bentley plans to launch its first pure electric vehicle in 2026
Bentley announced on November 7th that it will launch its first pure electric vehicle in 2026 and achieve full electrification of all products in 2035, which is five years later than the previous plan.
The new S7 from Zhijie will be released together with Mate70
On November 8th, Yu Chengdong, Executive Director of Huawei, Chairman of Terminal BG, and Chairman of Intelligent Automotive Solutions BU, revealed in a Weibo post that the new S7 from HarmonyOS Zhixing Zhijie is indeed coming, to be released together with the most powerful Mate in history.
The new Mercedes Benz long wheelbase GLC SUV is officially launched
On November 7th, the new Mercedes Benz long wheelbase GLC SUV was officially launched, equipped with Qualcomm 8295 intelligent cockpit chip and L2+navigation assisted driving system. The manufacturer's suggested retail price is 427800-531300 yuan.
The Retail Development Center of Yingka Group was officially launched at the CIIE
Recently, the well-known furniture and home goods brand IKEA officially announced the global debut of the Ingka Group Retail Development Center at its CIIE booth. As the world's first retail development center of Ingka Group, it stated that this will help IKEA China develop more customer-centric, innovative solutions that meet the needs of the Chinese market, and create more value for Chinese consumers, partners, and a wider range of stakeholders.
The Retail Development Center of Yingka Group will work in parallel with IKEA China's three-year development strategy of "growth+", focusing on three major development areas: "digital empowerment", "logistics service capability improvement", and "demand driven home solutions and localized content".
During the China International Import Expo, Guoji Automobile signed contracts with INEOS and Stellantis respectively
On November 6th, the signing ceremony of the trading delegation of China National Machinery Industry Corporation (Sinomach) at the 7th China International Import Expo was held at the National Convention and Exhibition Center (Shanghai). As an important member of China National Machinery Industry Corporation, China National Machinery Industry Corporation (Sinomach) has signed strategic cooperation framework agreements and strategic cooperation memorandums with INEOS Automotive (Shanghai) Co., Ltd. and Stellantis (Shanghai) Automotive Co., Ltd., with a signing amount of approximately 880 million US dollars.
The Daqin Railway has completed a cumulative cargo transportation volume of 320.55 million tons in the first 10 months
In October 2024, the core operating asset of Daqin Railway, Daqin Line, achieved a freight transportation volume of 34.11 million tons, a year-on-year decrease of 2.10%, with a daily average volume of 1.1003 million tons. The Daqin Line operates 73.3 heavy trains per day, including 55.6 trains of 20000 tons per day. From January to October 2024, the Daqin Line completed a cumulative cargo transportation volume of 320.55 million tons, a year-on-year decrease of 8.43%.
Asus' revenue for the first three quarters of this year was NT $433.164 billion
Asus announced on November 8th that its revenue for the first three quarters of this year was NT $433.164 billion, with a net profit of NT $29.756 billion and earnings per share of NT $40.06 billion.
Jianghuai Automobile's cumulative sales in the first ten months were 345200 units
Jianghuai Automobile sold a total of 29900 vehicles in October, a year-on-year decrease of 20.15%. Among them, the sales volume of new energy passenger vehicles was 3452, a year-on-year decrease of 7.6%. The cumulative sales volume for this year was 345200 units, a year-on-year decrease of 6.28%. Among them, the cumulative sales of new energy passenger vehicles reached 25028 units, a year-on-year increase of 0.12%.
Bailian Group successfully held a large-scale retail procurement alliance centralized procurement signing and themed forum
On November 8th, as one of the supporting on-site activities of the 7th CIIE, at the Shanghai Trading Group Large Retail Purchasing Alliance Centralized Procurement Signing Conference hosted by Bailian Group, the group, together with member enterprises of the Large Retail Purchasing Alliance, signed centralized contracts with manufacturers and brand representatives from countries and regions such as the Americas, Europe, Oceania, and Asia. The procurement categories involved multiple fields related to people's livelihood, such as food, consumer goods, and medical devices.
Since the 7th CIIE, according to incomplete statistics, 56 member enterprises of the Large Retail Purchasing Alliance have reached procurement intentions for their projects; Among them, 26 projects were signed on site. The large-scale retail procurement alliance seizes the "open opportunity" and leverages the "platform effect" of the CIIE to closely connect global goods with the Chinese market, writing a new chapter of mutual benefit and win-win.
Sony showcases diverse innovative achievements at the 2024 China International Import Expo
Sony, with the theme of "Technology Empowering Creativity and Sustainability," made its third appearance at the China International Import Expo. Sony showcased its diverse innovation achievements, including immersive experiences in offline reality entertainment (LBE), virtual reality, artificial intelligence, image sensing, and green environmental protection technology, as well as its exploration and practice in social contribution.
At the same time, Sony also released the "2024 Sony China Sustainable Development Report" during the CIIE, and will launch the "Young Power Field" strategic project to empower young talents during the exhibition, and hold multiple booth activities such as accessibility sessions.
Xiaohongshu releases overseas brand 'grass planting' data at CIIE
In 2023, the number of overseas brands "planting grass" on Xiaohongshu will be twice that of 2022; As of October this year, this number has tripled compared to 2022. At this year's CIIE, Xiaohongshu invited overseas cooperative brands to participate, showcasing dozens of international brands such as Procter&Gamble, L'Oreal, Kelon, and Sweezy.
Fresh news about going out to sea
Amazon's first innovation center in Asia Pacific region officially opened for global store opening
On November 8th, Amazon's first innovation center in the Asia Pacific region was officially opened in Shenzhen. With the joint support of the Shenzhen Municipal Government and the Qianhai Management Bureau, the innovation center will integrate various resources such as cross-border e-commerce sellers, industry organizations, and service providers from various regions to create a cross-border e-commerce innovation exchange and incubation base that radiates the Asia Pacific region. To& quot; Gathering practice, cultivating capabilities, accelerating innovation& quot; As the core, the innovation center will build a comprehensive innovation system, promote industry experience sharing through the establishment of communication networks, and empower sellers with innovative capabilities in product, brand, operation, and cognition.
Investment and Financing News
Rongye Food is listed on NASDAQ
Rongye Food is a food manufacturing service provider that processes meat products and by-products. Rongye Food plans to go public on NASDAQ on November 8th, with underwriters including EF Hutton LLC and Dawson James Securities. Rongye Food plans to issue 2.1 million American Depositary Receipts (ADS) at a price of $4-5 to raise $9.2 million.
Donghu High tech intends to acquire control of Prolog
Prolog is a provider specializing in supply chain and logistics services, providing users with one-stop supply chain and logistics services from planning and design to operational implementation. From the perspective of the overall supply chain, the company ensures that users can receive services and support in supply chain analysis, logistics center planning and design, business process transformation, and other aspects. Recently, Donghu High tech intends to acquire control of Hubei Prolog Technology Group Co., Ltd.
Industry Opinion Express
The e-commerce logistics index for October 2024 is 115 points
The China E-commerce Logistics Index for October 2024, jointly released by the China Federation of Logistics and Purchasing and JD Group, was 115 points, up 0.6 points from the previous month. In the sub indices, the total business volume index, rural business volume index, logistics timeliness index, fulfillment rate index, inventory turnover rate index, personnel index, and cost index have increased, while the satisfaction rate index and actual load rate index have decreased. The total business volume index of e-commerce logistics is accelerating its recovery. In October, the total business volume index of e-commerce logistics was 133.7 points, an increase of 2.5 points from the previous month. By region, the total business volume index of all regions in China has increased, with the Northeast region showing the largest increase, rebounding by 4.3 points.
The second batch of new energy vehicle models for rural areas this year has been released
The Ministry of Industry and Information Technology, the National Development and Reform Commission, the Ministry of Agriculture and Rural Affairs, the Ministry of Commerce, and the National Energy Administration organized the collection and screening of the second batch of new energy vehicle models for rural areas, forming the "2024 Catalogue of New Energy Vehicle Models for Rural Areas (Second Batch)" with a total of 45 models.