Krypton – Spress https://en.spress.net Spress is a general newspaper in English which is updated 24 hours a day. Fri, 25 Jun 2021 08:25:04 +0000 en-US hourly 1 191965906 Very Krypton 001 officially listed, the price of 281-36 million after subsidies https://en.spress.net/very-krypton-001-officially-listed-the-price-of-281-36-million-after-subsidies/ Fri, 25 Jun 2021 08:25:04 +0000 https://en.spress.net/very-krypton-001-officially-listed-the-price-of-281-36-million-after-subsidies/ On April 15, Geely Automobile’s first model of the Geekrypton brand, Geekrypton 001, was officially launched. The price of the new car was 281-36 million yuan after subsidies. The new car has three configurations to choose from. The details can be seen in the table below. Jikrypton 001 is a medium and large-scale pure electric vehicle. It is built on the basis of SEA’s vast architecture. The new car will be delivered in October. From the price list, we can see that there are three configurations of Polar Krypton 001. Among them, the long-life dual-motor WE version and the ultra-long-life single-motor WE version are priced at 281,000 yuan after subsidy. The cruising range is very different. They are 526km and 712km respectively. The dual-motor WE version has better performance, while the ultra-long-endurance WE version has better endurance. The same price makes it easier for consumers to perform between performance and endurance. trade off. The ultra-long battery life dual-motor YOU version is priced at 360,000 yuan, and its pure electric range is 606 kilometers, which combines performance and endurance, but the price is much more expensive. Very Krypton 001 is a beautiful model. The design language of the new car is similar to that of Lynk & Co. Its front grille adopts a recessed design and adopts a black penetrating style as a whole, with headlights on both sides. A hidden design is adopted. The daytime running lights and turn signals of the new car are designed on both ends of the front hood, using a frog-eye style. These are the design features of Lynk & Co. The bottom of the front face of the new car uses a simple and sporty surround, the bottom uses a front shovel of the same color as the body, and there is a trapezoidal grille design in the middle. The side of the body of the extremely krypton 001 is very impressive, and the new car adopts a travel-style body design, which looks very international as a whole. The roof of the new car adopts a sunken design, the D-pillar adopts a forward-leaning style, the charging hole is designed at the position of the front fender on the left side of the body, and the new car adopts a hidden door handle design. The lower body of the new car adopts a very three-dimensional style. The lower end of the window adopts a more prominent body design. The wheel hub adopts a very cross-border design. The banners on the wheel hub are not in a uniform style, and the shape is very individual.化. The rear end of the new car also appears to be relatively advanced, and the rear windshield adopts a large forward-leaning design. The lower body at the rear of the new car has a sense of hierarchy. It uses a through-style taillight. The two ends of the taillight adopt an energy column style. The middle of the tail adopts a groove design. The bottom of the new car is also very sporty. The interior of the Very Krypton 001 is also more avant-garde, with a three-spoke steering wheel, an unobstructed LCD instrument design, a large central control screen with a floating style, and a layered comparison on the side of the co-pilot. Simple panels for decoration. The design style of the platform on the front side of the new car is also relatively simple, and the side of the co-pilot adopts an armrest design. The length, width, and height of the extremely krypton 001 are 4970/1999/1560mm, respectively, and the wheelbase is 3005mm. The vehicle is very large. The future competitor of the new car will be BYD’s Han EV. In terms of power, the dual-motor version of Krypton 001 is equipped with a comprehensive output of 544 horsepower (400kW), a peak torque of 768 Nm, and an acceleration time of 3.8 seconds from 100 kilometers.

]]> 27373 Li Shufu made a desperate move. Behind the debut of Extreme Krypton, which is the peak, is the tearing of the entire Geely Automobile. https://en.spress.net/li-shufu-made-a-desperate-move-behind-the-debut-of-extreme-krypton-which-is-the-peak-is-the-tearing-of-the-entire-geely-automobile/ Wed, 23 Jun 2021 18:25:07 +0000 https://en.spress.net/li-shufu-made-a-desperate-move-behind-the-debut-of-extreme-krypton-which-is-the-peak-is-the-tearing-of-the-entire-geely-automobile/ Hello everyone, I am Liu Honghong from the Future Investment Research School. The update frequency has been reduced recently, mainly because the Shanghai Auto Show 2021 is about to come, so there is a lot of work that needs to be prepared in advance, and I don’t expect to make any money when I write this number. I will share with you the industry after work. For some of the insights and lack of energy, please forgive me. There have been many new cars on the market recently, and I believe many of you have also paid attention to the newly launched Ultra Krypton cars. I can’t help but say that 266,000 can get a 712km endurance car, which is still very powerful. In terms of channels, it is basically learning the way of Weilai: Although on the surface it seems that Geely has created a new Krypton brand on the basis of Lynk & Co in order to enter the pure electric market, but the status of Krypton is really unusual within Geely. And this unusual status was obtained at the expense of Lynk & Co, the most successful of its own brands… Before the establishment of Jikrypton, Geely’s layout in the field of pure electricity was actually very complete: Maple Leaf Automobile focuses on pure electricity at a price of 50,000 to 150,000 Geely Emgrand EV and Emgrand GSe focus on pure electricity at a price range of 100,000 to 150,000, positioning the compact class The pure electric brand Geometry car focuses on pure electric at a price of 150,000 to 200,000 yuan, and is positioned as a compact (actually Emgrand’s shell replacement series) Independent brand Lynk & Co focuses on the 150,000-250,000-priced fuel vehicle market, and plans to launch Lynk & Co’s Zero model, as well as the large SUV Volvo XC90 shell changer EX11. The luxury brand Volvo focuses on the price range of 250,000-900,000. The price of the compact pure electric SUV XC40 RECHARGE is set at 300,000 to 400,000. The subsequent two-wheel drive model is expected to be in the range of 200,000 to 250,000. The original Volvo’s high terminal brand Polestar, the price range of Polestar 2 launched is basically 250,000 to 400,000 In addition, Smart, which locates mini-cars, will also be purely electrified with the help of Geely In fact, you can find that Geely has almost all products from mini cars to large SUVs in China, and I learned that in the original plan of Lynk & Co, there are also pure electric large MPVs. Such a complete product line, if only the domestic market is considered, it can be said that even the BBA in the joint venture is not as rich as Geely’s product line. With the dual flagship models of ZERO+EX11, Lynk & Co’s brand power has been greatly improved again. (Nissan, PSA, Honda, Toyota, there are no XC90 models in China) ――This is Geely’s nearly perfect electrification strategic arrangement before the emergence of the extremely krypton car. Geely Auto was born after Li Shufu stepped down as chairman of Geely Group and An Conghui took over; An Conghui’s original CEO position was taken over by Geely Vice President Gan Jiayue. After a series of personnel changes, Li Shufu was appointed as chairman of Jikrypton Company, and An Conghui was appointed as CEO. Some media commented this way: Like Xiaomi Motors, “Ultra Krypton” is also the top project. Since then, the focus of the group’s resources is self-evident. Very Krypton is likely to be positioned as an arrow brand that drives the entire group’s electric strategy. The emergence of Jikrypton is not as simple as a new pure electric brand, because with An Conghui’s appointment as the CEO of Jikrypton, there are also the three-electric department and the intelligent driving electrical architecture software development department. This leads to a situation: For other Geely brands, such as Volvo, Lotus, Polestar, and Smart, it is necessary to pay development fees to Pole Krypton to obtain technologies such as three-electric power and intelligent driving electrical architecture software. ――This is equivalent to changing Li Shufu’s money from one pocket to another. In fact, many big car companies have the phenomenon of going around inside, after all, this is conducive to amortization of costs, but the most special thing about extremely krypton is that due to the sudden nature of extremely krypton independence, As a result, in addition to taking away the Zero model from Lynk & Co and renamed it to Extreme Krypton 001, the Jikrypton brand also took away almost all pure electric models and related plans. This is nothing at all. After all, there is nothing wrong with having an exclusive pure electric brand. The only regret is that the ace of Zero, which originally belonged to Lynk & Co, was taken away from the opportunity in the new energy market. (The very Krypton 001 shape is the split headlight shape of Lynk & Co. It is the case that it is too late to change the shell after changing the standard) It would be a good thing to say that the pure electric model plan taken away can help Gekr to become a new energy brand with a rich product line of models. After all, people’s recognition of Lynk & Co is 150,000 to 250,000, and if Gekr Achieving 200-300,000 brand recognition is a complete success. But this does not seem to be the case. Because of the SEA vast architecture used by Jikrypton, it can be known from various previous news that although Volvo, Polarstar, Smart, and Lotus all use the SEA vast architecture platform, they are all similar to Jikrypton’s own Product has nothing to do. This also means, Although extremely arrogant took away Geely’s three-electric department and the intelligent driving electrical architecture software development department, most of the research and development resources of this huge team have been invested in Volvo, Polestar, Smart, and Lotus models. On the other hand, even Smart needs to develop a SEA sub-platform with different bandwidths due to size issues. This is almost fatal for the Ultra Krypton car, which currently has only one Ultra Krypton 001 model. After all, what you need to build a car now is to come up with the best products in the shortest time. Looking back at the ups and downs of new car-building forces over the years 2017-2021, We will find that the lesson that the product cannot keep up with the time point is still vivid. The most typical is the Xiaopeng G3. The 19 models were launched too late, resulting in 20 models with a battery life of 500km, but the price is almost the same as that of the 19 models with only 351km. This even triggered a group of G3 car owners to pull banners to defend their rights. This almost caused a fatal blow to the newborn Xiaopeng at the time, and the founder He Xiaopeng had to write an apology: ―The delay of Xiaopeng’s 19 models has caused such a big problem, and there are currently known products from Volvo, Polestar, Smart, and Lotus that need to be developed. This means that the R&D resources left to the very krypton brand itself have become very small. The extremely krypton official once said that one model will be launched every year in the next few years. (The live broadcast said at least two new cars per year, referring to SEA-based models) After the 001 model, the only known follow-up is the small electric vehicle BC1E, which is positioned for urban commuting, and the EF1E, which has already appeared on the road to determine the position of the C Family Crossover model. Like the ZERO code-named DC1E (now pole krypton 001), it comes from the SEA platform. This means that 2021 will be extremely krypton 001, and the models of 2022 and 2023 have been locked, which are the aforementioned small electric vehicle BC1E and large pure electric MPVEF1E respectively. It is good to have a planned model in the future, but the problem is that the two subsequent models are not the ones that are in volume. (The size is either too big or too small) This also means that if you look at the official one-year product and the currently exposed products, the extremely krypton has gone at the wrong rhythm since its birth-if the first 001 can still be used, then the follow-up The product characteristics of the small SUV and large MPV are destined to be almost difficult to move. This is absolutely abnormal from the normal product planning of a car company. After all, when friends and merchants are working on the mainstream market of 150,000 to 300,000 (there are Xpeng P5 and Mustang Mach-E in the near future), but very krypton lacks a mass model similar to Tesla model 3. Known product planning, this model has a high probability of not having it in the next two years. ―― A new brand with Li Shufu as the chairman and An Conghui as the CEO, and let Geely invest in its all-electric products ALL IN, is in an embarrassing situation where its own family is developing 2 products and developing at least 5 products externally. , This makes people wonder: Does Geely really want to build the Jikrypton brand? Someone can’t help but raise the question “Do you want to make money from selling cars or to make research and development expenses?” If it is only a little difficult for extremely krypton research and development resources, what is worse is that Lynk & Co, which has been taken away from all the pure electric model plans, seems to have no future. We must know that Geely behind Lynk & Co is actually facing a faint crisis. ――Now the price of Geely brand is getting lower and lower. The pricing of Xingrui and Xingyue L has caused Geely’s brand to be weaker than Great Wall Changan. The only hope of raising the brand lies in Geely’s own Lynk & Co. For Lynk & Co, although the 01-05 models are the base, there is a problem in that they are all concentrated in the compact market, while the upcoming EX11 is a product that is positioned as a large SUV. Lynk & Co’s product line is now a group of compact + a shell-changing Volvo XC90. This group of compact products uses the CMA platform. A fact is The potential of the CMA platform applied to pure electric vehicles has reached its limit on Polestar 2. ――In order to gain space for the battery on a non-native pure electric platform as much as possible, the front floor of Polestar 2 is actually inclined downwards. Putting your feet up when you are not driving will make your ankles uncomfortable. At this level, the battery life cannot catch up with the Tesla model 3. So Lynk & Co really needs the SEA platform. If Ultra Krypton is not dismantled, then, on another timeline, Lynk & Co’s product line will look like this: Fuel oil 01-05 Compact cars and SUVs EX11 medium and large SUV Pure electric ZERO medium and large cross High-end pure electric business MPV Small SUV This means that when Lynk & Co has a 01-05 base plate, With the dual flagship models of ZERO+EX11, Lynk & Co’s brand power has been greatly improved again, and After increasing the sales of base models, plus ZERO itself has a high probability of becoming an explosive model, at that time, a Lynk & Co brand whose price steadily exceeds that of ordinary joint ventures, and there may be a stable sales volume of 30,000 to 40,000 , Lynk & Co will usher in its own brand new development opportunities. The 01-05 cars can also be followed by a pure electric version to complete the brand upgrade. This also means that the Geely brand has also been promoted. But now all these possibilities are gone. Originally for Lynk & Co to upgrade its products, the purely electrified ZERO was classified as Extreme Krypton. However, when Extreme Krypton has been developing multiple models of different brands at the same time, it means that even Lynk & Co will re-plan the models based on the SEA platform in the future. It is also difficult to quickly come up with new products within 2-3 years. In the words of a person in the industry, that is that the brawny Lynk & Co suddenly limped and was torn apart into two incomplete individuals. Extreme Krypton does not have enough products, and Lynk & Co does not have pure electricity, although I don’t know how far the two brands can go after the separation. But I sincerely hope that the most successful Lynk & Co and the newly born Jikrypton among the independent brands will continue to tell the story of Chinese cars. After all, we’ve heard stories like this since we were young: “The three brothers picked up a chopstick and broke it all at once. Then they took a bundle of chopsticks, and it was different. Everyone kept folding chopsticks. So, three Brothers understand, chopsticks are like this, and people and people are even more like this. Together, the strength is greater.” (Finish) Postscript: From an investment perspective, the split Ultra Krypton is expected to be weak in subsequent models and it is difficult to boost Geely’s stock price. I hope everyone will pay attention to the risks. Click on the star to bookmark me I don’t understand finance from the media Finance from the media does not know me about cars I knew you were “watching”

]]> 27128 Last year, a net loss of 489 million medical big data company Zero Krypton Technology went to the US for IPO https://en.spress.net/last-year-a-net-loss-of-489-million-medical-big-data-company-zero-krypton-technology-went-to-the-us-for-ipo/ Thu, 17 Jun 2021 11:01:08 +0000 https://en.spress.net/last-year-a-net-loss-of-489-million-medical-big-data-company-zero-krypton-technology-went-to-the-us-for-ipo/ Every reporter: Cai Ding Every editor: Wu Yongjiu

In the early morning of June 15th, Beijing time, LinkDoc Technology Limited, a Chinese medical big data company, submitted its first F-1 prospectus to the U.S. Securities and Exchange Commission (SEC). The company plans to be listed on the Nasdaq Global Select Market. Listed under the trading code “LDOC” and raised US$100 million. The underwriters of ZeroKr Technology’s IPO are Morgan Stanley, Bank of America Securities and CICC. Since it is the first F-1 prospectus, LingKr Technology has not yet disclosed the number of American Depositary Shares (ADS) to be issued and the expected issuance price range.

The prospectus shows that Zerokrypton Technology intends to use IPO funds raised: about 45% will be used to strengthen R&D capabilities and technical infrastructure, and to attract more oncologists, data scientists and other experienced professionals to join; about 15% will be used for expansion The company’s patient care center network and services, and other capital expenditures; about 25% of the funds will be used for potential strategic investments and acquisitions; about 15% will be used for general corporate purposes.

Visual China Map

Obtained strategic investment from Alibaba Health

According to the prospectus, Zerokrypton Technology was established in 2014, headquartered in Beijing, China, and its corporate address is No. 8 Haidian Street, Haidian District, Beijing. The company is a tumor big data solution provider. In March this year, it received a strategic investment from Ali Health. Other investors include China Investment Corporation and CICC Capital.

The prospectus quoted Frost&Sullivan’s data as saying that in terms of cultivating high-quality medical data assets, ZeroKrypton Technology is a leading data-driven and artificial intelligence medical technology company. The company has established China’s largest data-driven digital infrastructure for precision medicine. These include LinkCare, a digital continuous care platform for critically ill patients, LinkData, a longitudinal medical data management system that supports artificial intelligence, and LinkSolutions, a data-driven precision life science solution platform that helps life science companies accelerate clinical research and real evidence adoption.

According to the prospectus, in terms of the nursing platform LinkCare, Lingkrypton Technology generates revenue by selling innovative drugs, auxiliary drugs and nutritional drugs, as well as providing patients with infusion or injection services and other auxiliary businesses; LinkData is the core technology of Lingkrypton Technology. Platforms and R&D engines, not profit channels; LinkSolutions is a platform driven by real-world data, providing accurate life science solutions for life science companies in their clinical and commercialization stages. In the first quarter of 2021, the number of life science company customers of ZeroKr Technology was 169. As of March 31, 2021, LinkSolutions Service of LinkSolutions has supported more than 310 major researchers, covering approximately of the total number of new oncology indications approved for clinical trials in China from 2017 to March 31, 2021. 57%. Specifically, Zerokrypton Technology realizes the monetization of LinkSolutions by charging service fees for comprehensive clinical research services.

The prospectus shows that the vast majority of Zerokrypton Technology’s revenue comes from the sales of medicines and health products. The sales revenue of medicines and health products accounted for 75% and 85.5% of the company’s total revenue in 2019 and 2020, respectively, and accounted for 80.2% of the total revenue in the first quarter of 2021.

The prospectus shows that since April 2015, LingKr Technology has provided care for more than 3.5 million patients and provided longitudinal care for more than 2.5 million patients. According to Frost & Sullivan, Zero Krypton Technology has become China’s largest patient-centered continuous tumor care platform. As of March 31, 2021, ZeroKr Technology has established 34 patient care centers nationwide, covering 28 provinces across the country.

The prospectus shows that in 2019 and 2020, Zerokrypton Technology’s revenue will be 499 million yuan and 942 million yuan, net losses will be 434 million yuan and 489 million yuan, and basic and diluted losses per share will be 5.32 yuan and 6.59 yuan respectively. In the first quarter of 2021, the company’s revenue increased by 41% year-on-year to 223 million yuan, a net loss of 138 million yuan, and a basic and diluted loss per share of 1.76 yuan.

Completed six rounds of financing since its establishment

Zerokrypton Technology stated in its prospectus that, based on 2019 data, China is the world’s second largest medical market, with national medical expenditures of US$944 billion, an increase of 9.7% over 2015. With the improvement of people’s health awareness and personal disposable income, China’s total healthcare expenditure is expected to increase to US$2.529 billion at a compound annual growth rate of 9.4% in 2030. The total scale of China’s medical big data solutions market is rapidly growing at a compound annual growth rate of 43.9% from US$1 billion in 2015 to US$4.1 billion in 2019. It is expected to reach US$215.4 billion in 2030. The compound annual growth rate is 43.3%.

The prospectus also stated that among all the treatment fields in China, oncology has the highest growth rate in medical expenditures, mainly because China has the largest number of cancer patients in the world. The scale of China’s oncology big data market has grown from US$500 million in 2015 to US$2.1 billion, with a compound annual growth rate of 46.1%. It is expected to grow to US$119.6 billion by 2030. The compound annual growth rate from 2019 to 2030 is 44.4%.

The prospectus shows that as of March 31, 2021, ZeroKr Technology has 1,250 full-time employees, of which 199 are responsible for technology and R&D, 573 are responsible for operation and quality assurance, 352 are responsible for sales and marketing, and 126 are responsible for general administrative work. .

According to the prospectus, before the IPO, Zhang Tianze, CEO and director of LingKr Technology, held 61.3 million shares of the company, accounting for 19.7%; LingKr Technology co-founder, COO and CTO Luo Ligang held 9 million shares, accounting for 2.9%; Technology co-founder and executive vice president Li Liping holds 11 million shares, accounting for 3.5%.

According to the information of Qixinbao, since its establishment, Lingkrypton Technology has completed a total of six rounds of financing. After obtaining 1 billion yuan in Series D financing from China Investment Corporation on July 4, 2018, it received CICC Capital and Excellent on September 7, 2020. Hill Capital and Broadband Capital CBC 700 million US dollars in financing. On March 4 this year, Zerokrypton Technology also received a strategic investment from Alibaba Health, but the amount of financing was not disclosed.

The “Daily Business News” reporter noted that Qixinbao’s risk information on ZeroKr Technology showed that the company had been accused of labor disputes and infringement of the right to disseminate information on the Internet on May 15, 2019 and November 23, 2020, respectively. Prosecute. Secondly, on September 1 and December 1, 2020, there were two civil case judgment documents against the intellectual property rights infringement disputes of Zerokrypton Technology. The documents show that in the two dispute cases, Zerokrypton Technology is both defendant. In addition, Zhang Tianze, Li Liping and Luo Ligang all have a small amount of shares currently in a state of pledge.

Daily economic news

]]> 24372 The price of Extreme Krypton 001 is announced and sold after the subsidy is 281-36 million yuan https://en.spress.net/the-price-of-extreme-krypton-001-is-announced-and-sold-after-the-subsidy-is-281-36-million-yuan/ Fri, 11 Jun 2021 08:06:08 +0000 https://en.spress.net/the-price-of-extreme-krypton-001-is-announced-and-sold-after-the-subsidy-is-281-36-million-yuan/

Easy Car News Very Krypton 001 will be officially launched tonight, and will be sold for RMB 281-36 million after subsidies. The new car will be delivered before October 1. This car is the first model of the Krypton brand, based on the vast intelligent evolution experience architecture of SEA. Jikrypton 001 upholds the concept of “don’t be a boring electric car”, breaks the traditional thinking of cars and SUVs, and gives a unique safari coupe style. In addition, in the next five years, Ultra Krypton will launch at least two products every year. In terms of body size, Ultra Krypton 001 has a length of 4970mm/width of 1999mm/height of 1560mm and a wheelbase of 3005mm, which is quite outstanding. In terms of design, Jikrypton 001 is a luxury safari coupe, which adopts a brand-new photoelectric mapping aesthetic design concept and is inspired by the neon photoelectricity of the city at night to interpret the unique beauty of the future city. The front face is the design language of the night sky, the matrix LED headlights have 32 units independently controllable, the 1.47-meter penetrating LED taillights are called “energy blades”, the spoilers are “wings of light”, and the front and rear wheel eyebrows are designed relatively Protruding, the underside is a 22-inch rim, the style is called “energy light blade.” In addition, the side doors and windows are frameless design, and the doors also have an automatic suction function, which is full of high-level sense. In terms of chassis, the automatic air suspension system is adjustable in five-speed height, and can switch between 117-200mm (full load) ground clearance. Combining the approach angle of 15.7° and the departure angle of 21.5°, it can adapt to different road conditions. It is also worth mentioning that the drag coefficient of Krypton 001 is as low as 0.23Cd. The car’s full LCD instrument panel is 8.8 inches, the middle control screen size is 15.4 inches, the touch-sensitive electric steering wheel is a three-spoke design, the middle speaker button design is more prominent, the electronic gear handle design is small and exquisite, and the peripheral buttons The design is mainly concise. Make the entire middle part look very clean and tidy. In terms of configuration, there are sensory frameless doors, adjustable air suspension, 14.7-inch W-HUD head-up display, sunscreen and UV protection panoramic sky screen, multi-color dynamic water atmosphere lights, Yamaha surround stereo advanced audio, smart massage seats, performance sound waves System and AI Mate intelligent assistant and so on. In addition, the trunk space can be expanded up to 2144L, with one of the best space performance in the same level. In terms of performance, Krypton 001 is equipped with a high-performance permanent magnet twin electric drive system. The maximum power of the two high-performance motors is 400kW and the peak torque is 768N·m. It only takes 3.8s to accelerate from 0-100km/h, the top speed exceeds 200km/h, and the braking distance of 100-0km/h is 34.5m. Krypton 001 has 7 driving modes: sports, energy saving, comfort, personalization, snow, sand, and off-road. With the evolutionary capabilities of OTAs, GK 001 will also provide users with a variety of driving control modes in the future to meet the needs of more scenarios. Under NEDC operating conditions, KK001 can achieve an ultra-long endurance of 712km at the longest. Supports super fast charging up to 360kW, realizing extremely fast energy replenishment experience. With the blessing of extreme charging technology, the fastest charging time is 5 minutes and the battery life is 120km. The charging time is only 25 minutes for 30%-80%. It uses an all-aluminum suspension, which effectively reduces the unsprung mass. The front suspension is a virtual double ball joint and double wishbone, and the rear suspension is an integrated multi-link. In addition, Krypton 001 integrates components such as air suspension, CCD electromagnetic shock absorber, steering system and electric drive system into an intelligent organism, realizing comprehensive digital centralized control, and can be continuously upgraded through OTA evolution. In addition, Jikrypton 001 is equipped with two Mobileye EyeQ5H high computing power autopilot chips, which is the world’s first SOC system-level chip using 7nm process. The computing power is directly increased by 20 times compared with the past. Compared with the current mass-produced products, the unit power consumption Increased by 2.4 times. There is also the ZEEKR FALCONEYE VIDAR SYSTEM, which can realize lane-level perception. Jikrypton001 has a brand-new “skeletal recognition” technology, which can understand the behavior of traffic participants by locating feature points of the human body, recognizing posture, and predicting behavior. to sum up: The above is about the related content of Jikr 001. This car has a high degree of recognition and brand tonality in design, and its performance in terms of technology is even more colorful. The excellent performance is also expected. I can’t wait now. Want to try it.

]]> 22656 After the subsidy, the price starts at 281,000 yuan. Krypton 001 releases the price and opens the reservation https://en.spress.net/after-the-subsidy-the-price-starts-at-281000-yuan-krypton-001-releases-the-price-and-opens-the-reservation/ Thu, 10 Jun 2021 20:22:06 +0000 https://en.spress.net/after-the-subsidy-the-price-starts-at-281000-yuan-krypton-001-releases-the-price-and-opens-the-reservation/

On April 15th, the first model of Jikrypton Automobile, Jikrypton 001, officially released the price. The whole series is divided into 2 models and 3 configurations. The subsidized price range is 281-36 million yuan. Among them, the official price of the long-endurance dual-motor version after WE subsidies is 281,000 yuan, the extra-long-endurance single-motor version WE model is also 281 thousand yuan after subsidies, and the ultra-long-endurance dual-motor version YOU models are officially priced at 360,000 yuan after the subsidy. At the same time, this model will officially start booking at 9 pm on April 15 and will start delivery in October this year. In terms of sales policy, the new car provides free lifetime warranty for the first owner, free roadside assistance for life, and free data traffic for life (the world’s first 5G data service for unlimited speed and unlimited traffic). Before December 31, 2021, the owner of the bicycle will also give away a free electric blue recommended body color worth 6,000 yuan, 21-inch wheels (WE version) and free lifetime charging (YOU version). The new car is the first model born under the vast structure of SEA. Officially, this car is positioned as a “luxury safari coupe.” SEA Haohan Intelligent Evolutionary Experience Architecture is an exclusive platform for pure electric vehicles that Geely Group released in September last year. The architecture can cover all size models from AE, and the wheelbase can also achieve a wide wheelbase layout from 1800-3300mm. This also means that the architecture platform can achieve the coverage of the entire vehicle series such as cars, SUVs, MPVs, small city cars, sports cars, pickup trucks, and future travel vehicles. An Conghui, CEO of JiKr Intelligent Technology, said at the press conference that after the launch of JiKr 001 this year, JiKr will launch at least two new cars every year in the next three years. In terms of appearance, Geely 001 adopts the Geely family design style, and the overall style is low and sporty. The front face composed of the northern light star lamp and the through-type split headlight group lamp is very recognizable. The front bumper retains a large-size lower grille. As a pure electric model, this car is equipped with a front trunk. On the side of the body, the new car has a very strong coupe style. The waistline is low to form a very smooth body line, and the C-pillar extends backward to form a slip-back shape, which is very dynamic. The length, width and height of the new car are 4970mm*1999mm*1560mm, and the wheelbase reaches 3005mm. It is worth mentioning that the new car is also equipped with a liftable air suspension. The 170-200mm air suspension makes the effect of low-lying sports more prominent. At the rear of the car, the wide through-type taillights tilt the overall body up visually. The red C-shaped light groups on the left and right sides of the light strip extend to both sides of the car body. The brand logo is also located in the center of the light strip. In terms of interior, the new car uses a very luxurious and technological design. The large horizontal screen located in the center is the standard internal configuration of today’s electric vehicles. At the same time, behind the steering wheel, KK001 has designed an enveloping instrument panel to highlight the sporty style. . As can be seen from the previous official pictures, the ambient light on the door of the car is very fashionable in the nightclub style when it lights up at night. In terms of technology configuration, Jikrypton001 will be equipped with a new autonomous driving assistance system, which is driven by two Mobileye’s latest system integrated chip (SoC) EyeQ5H, and is equipped with an advanced surround vision system and other autonomous driving Decision-making and navigation technology, and with OTA update function. In terms of power, Jikrypton 001 is equipped with a permanent magnet twin electric drive system, which will provide two-wheel drive and four-wheel drive versions. The four-wheel drive version of the power system has a peak power of 400kW, a peak torque of 768Nm, an acceleration time from 100 kilometers to 3.8 seconds, and a brake stop of only 34.5m. The wind resistance performance of the new car has reached 0.23Cd. At the same time, the NEDC of the longest endurance version of this new car has an endurance of 712km, is equipped with a 100kWh ternary lithium battery pack, and is equipped with a direct heat pump as standard. It has a battery life of 120km in 5 minutes, and it only takes 25 minutes to charge from 30% to 80%.

]]> 22505 Why is the music platform still not making money to listen to the songs “Krypton Gold” so much? https://en.spress.net/why-is-the-music-platform-still-not-making-money-to-listen-to-the-songs-krypton-gold-so-much/ Sun, 25 Apr 2021 07:51:12 +0000 https://en.spress.net/why-is-the-music-platform-still-not-making-money-to-listen-to-the-songs-krypton-gold-so-much/ A song can cost hundreds of thousands at most, but online music may still not be a good business.

Recently, the music app on the Xinhua News Agency named the market to induce repeated consumption. After the same user purchases a digital music piece, the page shows that the piece can still be purchased multiple times. As for the upper limit of the number of music works purchased, different platforms vary.

For example, some netizens found that on Apple mobile phones, NetEase Cloud Music can buy up to 433 copies of the same digital music album, Kugou up to 9,999 copies, QQ Music has almost no cap, and the maximum amount can reach more than 2.6 LeCoins (virtual currency, 1 Le currency = 0.1 yuan). The limit on the number of Android phones is different. For example, NetEase Cloud Music has changed from 433 to almost unlimited.

It’s an exaggeration that the download frequency of some music works by the same user varies from a dozen times to hundreds of thousands of times. This means that if a digital music work is worth two yuan, some users will spend dozens of them on a piece of digital music. Ten thousand yuan.

In other words, fans’ desire to collect films, tapes, and CDs in the past has become a “topping list” and “topping list” for fans in the mobile Internet era.

Charges for digital music, safeguards the copyright of music, allows music creators to earn money, and protects their vital interests. But on the other hand, even if the digital music platform catches individual fanatical fan groups repeatedly “sweeping the wool” to induce users to repeat purchases, then, the digital music platform must be very profitable, right? In fact, the opposite is true.

List of Tencent Music Group’s Products|Tencent How do domestic streaming music platforms make money?

Take Tencent Music, the largest domestic music platform, as an example.

From 2017 to 2020, the net profit of Tencent Music attributable to the owners of the parent company is positive, which are 1.326 billion yuan (RMB, the same below), 1.833 billion, 3.982 billion, and 4.155 billion. At first glance, the revenue and profits are considerable, but a careful disassembly will reveal that this is not the case.

Tencent Music’s revenue comes from three major businesses, online music services, mainly user-paid subscription and advertising businesses; social entertainment services and other businesses. Among them, social entertainment services and other business revenues accounted for 70.8%, 71.9%, and 67.9% of total revenue in the three years from 2018 to 2020.

In other words, the bulk of Tencent Music’s revenue comes from social entertainment services and other businesses. Tencent Music’s financial report explains the business that it mainly sells virtual gifts and premium membership fees (voice singing tutorials, different application themes or high-quality accompaniment, recording and other value-added services). This income mainly comes from the National K song application, not from Kugou Live and Kuwo Juxing.

User payment and advertising business account for a relatively small proportion. In Q4 2020, user payment subscription revenue and advertising business revenue will be almost five-fifths. In addition, in the past three years, Douyin and Kuaishou short video platforms have grabbed the attention of users, and online music users have entered the stage of stock competition. The number of active users and the growth rate have declined, which has affected online music platforms accordingly. Revenue and gross profit growth rate.

Looking back at the development history of Tencent Music, Apple launched the iTunes music store in 2003. Almost at the same time, Tencent launched the QQ online music service. In the following years, Kuwo, Kugou, Xiami, Baidu MP3, and NetEase Cloud Music appeared on the market. In 2016, QQ Music merged with Kuwo and Kugou to form Tencent Music Group (TME).

At the same time, Tencent Music has reached an exclusive distribution partner with major major record companies in China and the world, becoming the largest digital music distributor in China. Other streaming media platforms, such as playing songs from certain record companies, need to be authorized by Tencent Music. Tencent Music also reversely acquired some shares of record companies Universal Music and Warner Music.

In 2018, under the promotion of the National Copyright Administration, Tencent Music and NetEase Cloud Music reached a copyright cooperation; in 2020, music copyright owners no longer “choose one of two”; in 2021, Xiami officially ceased serving. The era of relying on copyright “exclusive segregation” of the online music market has passed. There are two remaining oligarchs in the domestic online music market, Tencent Music and NetEase Cloud Music.

Compared with Tencent Music, NetEase Cloud Music does not disclose specific revenue separately, but classifies it as the overall disclosure of NetEase Innovation and other businesses. According to Ding Lei, NetEase Cloud Music revenue mainly comes from membership, advertising, and live broadcast value-added services. In particular, membership fees are the most important development direction.

“NetEase Cloud Music does not make money. NetEase Cloud Music members are basically half sold and half free. If you purchase Taobao 88VIP members, you can get a NetEase Cloud Music member. In general, the NetEase Cloud Music membership mechanism is relatively loose. In addition, NetEase Cloud Music in the first two years I have always wanted to do social networking, but the effect is mediocre.” An online music industry person told Geek Park.

Therefore, it is difficult to have a considerable profit scale only relying on user subscriptions. Listening to music doesn’t make money, it’s the karaoke singing business that makes money.

This is the case for domestic online music platforms. Will the business models of foreign platforms be better? After all, from Napster, Apple’s iTunes Store to Pandora, etc., the starting point for the evolution of foreign streaming music, users have been educated in digital payment earlier, and foreign users have higher willingness to pay and the rate of payment.

Unfortunately, the answer is no. Overseas online music platforms are not yet profitable, and they are trying to make money through other businesses.

The moon in foreign countries is not round

In February 2021, music streaming giant Spotify released its 2020 financial report. As of the end of 2020, Spotify had 345 million monthly active users, an increase of 27% over the same period last year. The main source of revenue for the platform was paid users, with the number of 155 million, an increase over the same period twenty four%.

Although the total user base and the number of paying users are growing, Spotify’s net loss has expanded from US$218 million in 2019 to US$698 million. Due to the increase in operating expenses, Spotify’s net loss was three times that of the same period last year, and it is expected that Spotify will continue to lose money in 2021. Spotify, the world’s largest music streaming platform, has not escaped the quagmire of losses.

Similar to Apple Music, Apple Music has a larger user base in the Asia Pacific, Middle East, and Africa than Spotify, but Apple Music’s contribution to Apple’s overall revenue is limited. Apple Music is more importantly positioned as an important part of Apple’s software and hardware integration and service ecosystem. One ring.

Relevant data shows that, whether it is Spotify or Apple Music, about 70% of its revenue is used to pay for the use of music copyright owners and original singers.

In particular, compared with the domestic online music platform business model and revenue sources, Spotify is more unitary and has different directions.

Spotify’s revenue sources mainly rely on user payments and advertising. In addition, Spotify is extremely interested in podcasts and audiobooks. Spotify has invested heavily in podcasts and purchased Megaphone, an American blogging tool platform, for approximately $235 million. It also reached a cooperation with blog celebrities.

On the other hand, domestic online music platforms have moved towards socialization, community-based operations, and recommended algorithms, focusing not only on listening to songs, but also on scene elements such as singing, performing, and socializing. Therefore, user subscription fees are only auxiliary revenue, and the main revenue segment is functional monetization transactions generated in social and community scenarios.

For example, Quanmin K Song has always been the cash cow business of Tencent Music, and the age range of Quanmin K Song users is relatively large, with young users as well as middle-aged and elderly users. By opening up the WeChat and QQ social relationship chains, users will reward transactions when participating in live broadcasts and short video interactions.

Of course, whether it is domestic or foreign, the main cost of online music platforms is music copyright.

In 2019, Spotify bypassed some record companies and digital music distributors and directly signed cooperation agreements with musicians to reduce distribution costs. NetEase Cloud Music explores the resources of independent musicians and uses content differentiation to build a music platform ecology. Tencent relies on its advantage in music copyright to reduce costs through straight-line amortization.

Although the copyright of music is much cheaper than the copyright of the video and film industry, relevant figures show that 92% to 95% of the expenditures of music streaming platforms go to only about 2.5% of music creators. The exclusivity and head effect of music make online music platforms It is difficult to get rid of homogeneity between.

The online music platform has gone through elimination and shuffling, and has entered the stage of integration. The vast majority of musicians cannot make a living through online music platforms. Similarly, online music platforms do not make money under operating costs and other expenditures, and music platforms all over the world do not make money. They have to make extra money.

Editor in charge: Jing Yu

Image source: Tencent, Pixabay

This article was originally published by GeekPark, please add geekparker on WeChat

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