The new M5 is officially opened for booking, and the car can be picked up first under the press conference on April 23rd.

  [Smart Car News] On April 17th, Weibo, the official Huawei terminal, announced that the new M5 officially opened the booking channel. If you book before 3 pm on April 23rd, you can enjoy the preferential policy of deducting 5,000 yuan from the deposit of 2,000 yuan, and you can also get the car first. Previously, at the Huawei HarmonyOS Ecological Spring Communication Meeting held on April 11th, Yu Chengdong, Huawei’s managing director and terminal BG CEO, personally confirmed that the new M5 series will be officially released in auto china on April 23rd.

  The new M5 in Wenjie fully caters to the aesthetic trend of young consumers in design language, and creates a strong dynamic atmosphere through a series of highly recognizable sports elements. The new car adopts a unique blackened logo and customized sports kit, which gives the body a sharper visual impact. What is particularly eye-catching is that it is equipped with blackened double five-frame sports wheels and bright and striking red brake calipers. This bold contrast color combination enhances the overall texture of the vehicle.

  The M5 series of Wenjie, which was launched last year, is the first model in the family to be equipped with HUAWEI ADS 2.0 advanced intelligent driving system. Through continuous OTA software upgrade, this model has successfully realized the extensive application of advanced intelligent driving function in urban areas without relying on high-precision maps, covering the main roads, secondary roads and even complex intersections in major cities across the country, as well as multiple road conditions such as national roads, county roads and township roads, and the coverage rate of open road application scenarios is as high as 99%.

  With the approaching of Beijing Auto Show, expectations of the new M5 from all walks of life continue to heat up. This new energy vehicle, which combines cutting-edge technology and sports appearance, is expected to set off a new round of car buying craze at the auto show.

After a huge loss of 6 billion in three years, Ding Dong bought vegetables and went public "bleeding". Is the final battle of community group buying coming?

Wen | Kan Jian Finance

After half a year’s silence, community group buying enterprises began to impact the capital market.

According to media reports, on the night of June 9, Ding Dong, one of the domestic community group buying giants, submitted the application documents for IPO listing to the US Securities and Exchange Commission, with a maximum fundraising amount of 100 million US dollars, which means that the "first share of community group buying" is about to be born.

As a community group buying enterprise established only four years ago, the listing of Ding Dong’s grocery shopping undoubtedly started the first shot of the impact of community group buying on the capital market, but judging from the data in the prospectus, the huge losses behind it made people worry about its future.

In four years, from the "dark horse" counterattack to listing.

Speaking of Ding Dong buying vegetables, you have to mention one person-Liang Changlin, the founder of the company.

Unlike most Internet entrepreneurs, Liang Changlin was a soldier before starting a business. After being admitted to the National University of Defense Technology at the age of 18, Liang Changlin has been serving as a soldier in the army. It was not until he was discharged from the army in 2002 that Liang Changlin began his entrepreneurial career.

From this point of view, Liang Changlin is somewhat similar to Ren Zhengfei, the founder of Huawei, who also started his business after retiring from the army.

Ding Dong’s grocery shopping was established when Liang Changlin started his business for the third time. Before that, Liang Changlin worked as a software and a community app. In 2005, the "mother-baby community-Yaya. com" was founded by Liang Changlin, and the first two ventures not only saved the first bucket of money for him, but also accumulated rich experience.

After reselling to Good Future Group in 2016, in April 2017, the community group buying business was officially launched.

At this time, the competition in the community group buying industry has been extremely fierce. Box Horse Fresh, which is backed by Alibaba, has been established for a long time and has a lot of capital support, and fresh supermarkets like Yonghui Supermarket are fighting. It is not easy for Ding Dong to buy food without much background to occupy a seat.

However, Liang Changlin saw the shortcoming of community group buying at that time-the delivery time was too long.

At that time, most of the community group purchases were "the next day". If you want to buy food, you must place an order the day before. No matter the freshness of the dishes or the convenience of buying food, it is not high. In view of this shortcoming, Liang Changlin adopted a brand-new mode-pre-warehouse mode, that is, directly mining through the place of origin, establishing pre-warehouses in various places to radiate the surrounding 3 km area, and users can deliver goods to their homes soon after placing orders with their mobile phones. This mode is also called "tap water mode".

It is with this model that Ding Dong soon opened the market and became a dark horse in the community group buying industry.

At the beginning of 2017, there were only 12 pre-warehouses for buying food, and the service targets were limited to Shanghai residents; However, in 2021, four years later, there were nearly 1,000 pre-warehouses for Ding Dong’s grocery shopping, and the number of users nationwide exceeded 30 million. In the end, Ding Dong, who fought back all the way, submitted an application in the near future and is expected to become the "first group purchase in the community" in China.

Double revenue, huge losses, Ding Dong buy food AB side.

Being able to stand out from numerous community group purchases, the pre-warehouse mode of Ding Dong grocery shopping can be said to be indispensable.

According to the information in the prospectus, since its establishment, the revenue of Ding Dong’s grocery shopping has been expanding continuously. In 2020, its revenue reached 11.336 billion yuan, an increase of 192% compared with that in 2019. In the first quarter of 2021, the revenue of Ding Dong’s grocery shopping reached 3.802 billion yuan, the GMV (transaction amount) reached 4.304 billion yuan, the total order was 69.7 million, and the average number of trading users reached 6.9 million.

Judging from the revenue data, the mode of buying food in front of the warehouse has undoubtedly been recognized by consumers.

However, although this model allows it to quickly open the market and occupy a place in the highly competitive community group buying industry, the disadvantages behind it also make Ding Dong heavily in debt.

As the "magic weapon" for Ding-Dong to win the grocery shopping, although the pre-warehouse model has brought consumers a good consumption experience, its disadvantages such as high investment and uncertain income every day are also very obvious.

Unlike "Next Day Delivery", because it is not clear how many orders will be generated every day, more dishes need to be prepared in the front warehouse where Ding Dong buys vegetables, which will undoubtedly cause a lot of losses; In addition, due to the need for timely delivery, Ding Dong needs to configure a large number of pre-warehouses, which in turn makes the loss continue to increase.

It is precisely because of these drawbacks that Box Horse stopped the pre-warehouse mode in March last year. "There are problems in traffic, gross profit competitiveness and daily loss." Hou Yi, CEO of Box Horse, even pointed out that "the front position is a false proposition".

According to the data in the prospectus, in the first quarter of 2021, the net loss of Ding Dong’s grocery shopping was about 1.385 billion yuan; Prior to this, in 2020 and 2019, Ding Dong lost 3.177 billion yuan and 1.873 billion yuan respectively. In other words, in less than three years, Ding Dong lost 6.434 billion in buying vegetables.

Competition is intensifying, and listing is only the beginning of the journey.

Last year’s epidemic made community group buying a hot potato in the capital market, and the giants rushed into the community group buying industry. However, with the tightening of supervision, after entering 2021, community group buying began to slowly cool down.

However, with Ding Dong buying vegetables and submitting the listing application, the 2.0 war of community group buying may start at any time.

From the current point of view, although the revenue has exceeded 100 times, Ding Dong does not have much advantage in the community group buying industry. Because there is no Internet giant as a backer, Ding Dong does not have its own traffic, and it still needs to rely on external advertisements and high internal subsidies to attract users.

In addition, although it is expected to become the "first share of community group buying", Ding Dong’s grocery shopping has not opened much gap with other community group buying enterprises.

According to media reports, group buying enterprises in the head community have developed rapidly in the past two years. For example, at the beginning of this year, the Ten Clubs of fresh old players in the community covered 220 cities, and the daily order volume exceeded 15 million. The daily orders for buying more vegetables and choosing orange hearts all exceeded 10 million pieces, and the peak daily orders for the US Mission reached 27 million pieces.

From this point of view, Ding Dong’s listing in the United States is just the beginning of the journey. In order to survive and become a leader in the highly competitive community group buying industry, Ding Dong still has a long way to go.

Tsinghua Peking University made a hot search on the big move. What’s the matter?

  Cctv news(Reporter Kan Chunyu): Recently, the notices issued by official website of two universities have been jointly screened. Just look at the names of the universities and you will understand everything.

  Tsinghua of Peking University has successively issued notices, and the educational administration departments of the two universities have reached a consensus and decided to open some undergraduate courses to each other and recognize credits. Among them, Peking University offers 27 courses, mainly in humanities and social sciences, while Tsinghua offers 12 courses, mainly in science and engineering.

  As soon as the notice came out, the two universities were immediately put on the hot search list of Weibo by netizens.

  As of press time, Tsinghua Peking University has opened some undergraduate courses to each other, and the topic of Weibo has been read by 160 million people. Netizens have given a familiar name to the two universities — — "TP-Link" has also voted pick Qingbei as the best CP of the year.

  Some netizens also expressed their regret that they missed the Qingbei course.

  There are also many college students calling on their schools to join the ranks.

  Then, as the envy of everyone, what do the students in Qingbei think of this change?

  Let’s take a look at the courses offered by the two schools first.

  According to the Notice of the Academic Affairs Department of Peking University on the Opening of Some High-quality Courses for Undergraduates in our University, in the spring semester of 2020, Tsinghua University will open 12 high-quality courses (with 170 places in 15 classes). In particular, it is pointed out that the grades obtained from cross-school courses are not included in GPA, but the credits will be included in Class A general-purpose credits or optional credits of the whole school.

  The Notice of Tsinghua University Academic Affairs Office and Registration Center on Opening Some General Core Courses for Undergraduates in Peking University shows that in the spring semester of 2020, some places of 27 general core courses for undergraduates in Peking University will be opened to undergraduates in Tsinghua.

  Qiu Wu, a junior in Peking University, learned the news in a circle of friends. After a rough understanding of the courses open in Tsinghua University, the girl of Chinese Department didn’t want to take courses, "because they are all engineering courses".

  Qiu Wu spoke highly of the courses offered by Peking University: "The courses we gave are very good, and everyone is worried that they will not be selected in the future."

  According to Qiu Wu, "Music and Mathematics", "History of Western Art" and "Sociology Theory Abroad" are all popular courses in Peking University, and many students from Tsinghua have attended before.

  Graduate Chen Chen originally planned to attend the intensive reading of Four Books in the spring semester, but after seeing this news, she changed her mind. She said: "There are a lot of people in these classes. After adding people from Tsinghua, the cost of auditing will be higher for students in our school, and it will take longer to occupy seats."

  Li Hua, a senior student in Tsinghua University, is somewhat moved by the psychology course offered by Peking University, but he is hesitant at the thought of running a long distance to attend classes. Jiang Zhifan, an alumnus, wants to choose "Music and Mathematics" of Peking University. However, considering the popularity of this class, he is somewhat worried that he will not be able to grab the class.

  Liu Mugeng is a sophomore in eecs. He is interested in the courses offered in Tsinghua. He said that he would study the content setting, class time, class hours, etc. of these courses again, and finally decide whether to take action according to his study plan for the new semester.

  Regarding the courses offered in Tsinghua, Jiang Zhifan, a senior student of Automation Department of Tsinghua University, said that "Introduction to Industrial Systems", "Experience of Manufacturing Engineering", "Basis of Industrial Systems" and "Introduction to Industrial Production" are all core courses of the school’s cultural quality, and the quality can be guaranteed. Alumni Li Hua believes that these "standard engineering courses" are not the most popular courses in the school, and "more than half of them are hands-on practice".

  According to the information of official website, the practical unit of the course "Industrial System Basis" includes not only intelligent factory sand table and 3D printing, but also the design and manufacture of welding robots and carbonless cars. "Modern Machining Technology and Practice" also covers the experiments of ultrasonic machining, laser machining and water jet cutting. The reporter learned that these two courses were offered by Tsinghua University Basic Industrial Training Center, and "Fundamentals of Industrial Systems" was once rated as an excellent course in Beijing.

  After reading this, what do you think about the communication between the two schools?

  In fact, in China, it is not new that a computer can connect the classrooms of the highest institutions of higher learning with a network cable. All major universities will publish their ace courses on the online education platform, including many national quality courses. These online courses are not only free, but also have their own assessment mechanism like a real university. To get the certificate of completion, you must take the mid-term and final exams and classroom tests.

  The door of knowledge has always been open to everyone, and "not getting a good class" is just an excuse for many people.

  (At the request of the interviewee, Qiu Wu, chenchen, Li Hua and Jiang Zhifan are all pseudonyms.)