How big is the impact of the epic slump in global financial markets on A-shares?

  Beijing, March 10 (Reporter Cheng Chunyu) The US WTI crude oil futures recorded the largest intraday decline in history, the US stock market rarely triggered the fuse mechanism, the US treasury bond futures "daily limit", and more than half of the world’s important stock market indexes fell by more than 6%. March 9, 2020 is destined to be a day worth recording in the history of global financial markets.

  Data Map: new york Stock Exchange.

  set records

  — — Crude oil futures hit the biggest intraday decline in history.

  After the Organization of Petroleum Exporting Countries (OPEC) failed to reach a production reduction agreement with oil-producing countries, Saudi Arabia drastically cut oil prices, which led to a sharp drop in international oil prices. Brent crude oil futures plunged 30% to $31.02/barrel in early trading, the lowest level since February 2016; US WTI crude oil also plunged 27% in early trading, and once fell more than 33% in intraday trading to $27.34, setting a new record for the largest intraday decline in history.

  — — US stocks rarely trigger fuse mechanism.

  The U.S. stock market plunged at the opening, and the S&P 500 index fell by 7% at the beginning of the session, triggering the first-level fuse mechanism, causing the U.S. stock market to suspend trading for 15 minutes. This is the first time since the financial crisis in 2008 that US stocks have been blown down due to a sharp fall. There are even media reports that this is the second real fuse in the history of US stocks. The last real fuse of US stocks was on October 27, 1997.

  — — More than half of the important stock indexes fell by more than 6%

  According to Wind’s statistics, among the 16 important indexes of global stock market, on the 9th, in addition to the three major indexes in the United States, the FTSE 100 in Britain, DAX in Germany, CAC40 in France, Nikkei 225, Standard & Poor’s 200 in Australia, etc., a total of nine indexes fell in intraday trading, and even closed down more than 6% on the same day. The three major European stock indexes fell more than 8% in intraday trading, followed by the China Shanghai Composite Index, which fell by about 3%.

  — — Us debt futures "daily limit", yield hit a record low

  Under the safe-haven demand, the influx of funds caused the US 10-year treasury bond futures to hit the upper limit and the trading was temporarily suspended. The yield of the US 10-year treasury bond once fell to a record low of 0.318%, with an intraday decline of nearly 40%. The 30-year US Treasury bonds once dropped to 0.702%, continuing to hit a record low, with a daily decline of nearly 30%. Moreover, as the leading indicator of economic recession, the yield curves of 3-month and 10-year US government bonds were once upside down, which sounded a panic alarm.

  — — The price of gold returned to $1,700 per ounce after eight years.

  After the sell-off of crude oil and stock market, investors flocked to the safe-haven assets including precious metal gold. On the 9th, the international gold futures price broke through the $1,700/oz mark, the highest since December 2012.

  source map

  (blasting) fuse

  — — The price war of crude oil suddenly opened after six years.

  Affected by the COVID-19 epidemic and other factors, the U.S. stock market plunged continuously. In view of the evolving risks brought by the epidemic to economic activities, the Federal Reserve cut interest rates by 50 basis points on the 3rd, and then the U.S. stock market fluctuated widely, and a roller coaster market was staged last week.

  "The crude oil price war started in Saudi Arabia over the weekend became the fuse of the global financial market’s plunge on the 9th." According to foreign media reports, Russia refused to cut production at the OPEC+policy meeting on March 6, and OPEC and its allies in oil-producing countries failed to reach any production reduction agreement, which means that from April, OPEC-related oil-producing countries will completely liberalize production restrictions.

  On March 7th (Saturday), Saudi Arabia, the main OPEC country, drastically reduced the price of crude oil sold to foreign markets such as Europe, the Far East and the United States, with the largest discount in more than 20 years, in order to attract foreign refineries to buy Saudi crude oil. Saudi Arabia also said that if the market needs it, Saudi Arabia can reach the level of 12 million barrels per day.

  The market generally believes that after a lapse of six years, Saudi Arabia took the initiative to start a crude oil price war, which exceeded the market’s previous expectations. Previously, many financial analysts predicted that OPEC would further cut production to boost oil prices.

  On the 9th, US President Trump sent a tweet to appease the panic market. It said that the debate between Saudi Arabia and Russia on oil prices and production, as well as the false news spread by political opponents, were the reasons for the stock market decline that day, and the decline in gasoline prices was also a good thing for ordinary consumers.

  ChrisRupkey, an economist at Mitsubishi UFJ Finance, said: "The plan to reduce oil prices will make more cash flow into people’s hands, which can drive consumer spending and boost the economy, but this does not seem to alleviate the impact of the stock market on investors. The plight of Wall Street may have a negative impact on the economy. "

  "The plunge in oil prices has once again aggravated the fragility of the market," JasonDaw, head of Asian foreign exchange strategy at Societe Generale, told the media. "The longer the global epidemic lasts, the greater the risk of a full-scale crisis."

  afternoon trading

  — — Will crude oil prices continue to fall?

  On the 9th, the international oil price plummeted, once falling more than 30%, setting a new record for the biggest intraday decline in history. NYMEX crude oil futures closed down 26.74% to $30.24/barrel, the lowest since February 2016; Brent crude oil futures fell 26.24% to $33.39/barrel, both the biggest one-day declines since the Gulf War in 1991.

  As of press time, the price fluctuation of energy and chemical futures such as crude oil.

  In the latest report, Goldman Sachs analysts said that Brent crude oil price may drop as low as $20 per barrel, which will test some oil producers. "The price war has completely changed the prospects of the oil and gas market. Goldman Sachs lowered its oil price forecast for the second and third quarters to $30 per barrel."

  Hong Hao, managing director and head of research department of Bank of Communications International, believes that the impact of the oil crisis is reflected in the following aspects: the price of junk bonds in the United States will plummet, the stability risk of the financial system will rise, and the expectation of deflation will increase the difficulty of monetary policy.

  However, in the view of Xi Jiarui, a senior analyst of Jinlianchuang Crude Oil, this oil price drop will not become a long-term trend like the oil price crash in 2014. Saudi Arabia’s behavior is to force Russia to continue to cooperate with OPEC. It is expected that once the oil price falls to a level that Russia itself feels unable to bear, it is likely to restart the production reduction agreement.

  According to the latest report of Everbright Securities, the special alliance between Saudi Arabia and the United States means that it will be difficult for the United States to accept the prospect that oil prices will continue to slump because of the price war in Saudi Arabia. Therefore, the current plunge in oil prices is unsustainable, and there may be variables in the future.

  Xi Jiarui said, "The next production reduction meeting is on June 9, and it is very likely that Saudi Arabia and Russia will jointly cut production again. At that time, oil prices may rebound in retaliation."

  On the 9th, the decline of major stock indexes in European and American stock markets.

  — — European and American stock markets enter a technical bear market?

  As of the close of the 9th, the Dow Jones index plunged more than 2,000 points, closing down 7.79%, the biggest one-day drop since 2008. The S&P 500 index fell by 7.60%, and the Nasdaq index fell by 7.29%. Oil stocks suffered heavy losses, and Chevron fell more than 15%, leading the Dow. So far, the Dow has dropped by 19.34% compared with the historical high set by this bull market.

  On the same day, major European stock indexes closed down across the board, and many stock indexes entered a technical bear market. Britain’s FTSE 100 index fell 7.69%, France’s CAC40 index closed down 8.39%, and Germany’s DAX index fell 7.94%. Among them, Germany DAX index, France CAC40 index, Italy FTSE MIB index, Europe Stoxx 50 index and Britain FTSE 100 index entered the technical bear market.

  Yang Delong, chief economist of Qianhai Open Source Fund, pointed out that US stocks will fall sharply after peaking. According to the experience of US stocks, a decline of 20% is generally called the dividing line between bulls and bears. If it falls below 20% and does not come back, it shows that the bear trend is confirmed and will fall further by 20%.

  Xie Feng, a researcher at China Banking Research Institute, believes that the debt level of American enterprises is high, and the debt quality of residents has deteriorated. Once the economic slowdown exceeds expectations, corporate profits will further decline, and residents’ wealth will also be damaged, which may lead to more risk release in the financial market.

  A-share major stock indexes closed on the 9th.

  — — Can China A-shares be immune?

  On the 9th, among the world’s important stock indexes, the overall decline of A shares was lower. The Shanghai Composite Index fell 3.01%, the Shenzhen Composite Index fell 4.09%, and the Growth Enterprise Market Index fell 4.55%. In the whole day, the transaction between the two cities broke through one trillion yuan. The net outflow of northbound funds from Shanghai Stock Connect was 9.671 billion, and that from Shenzhen Stock Connect was 4.648 billion.

  Chen Li, chief economist of soochow securities, said in an interview with the media that the main reason for the A-share slump on the 9th was the violent fluctuation of the global capital market, and the violent fluctuation of the external market aroused the concern of domestic investors. The turnover of the two cities has continuously exceeded one trillion, indicating that there are great differences in funds. Some funds are leaving the market, and some funds are considered to be opportunities to buy on dips.

  It is noteworthy that on the 9th, the FTSE China A50 index futures, as the leading indicator of the secondary market of the stock market, rebounded and turned red at night, and now rose by more than 1%. At one time, it was close to 2% in intraday trading, and once fell by more than 1%.

  "The fundamental reason for the sharp decline of US stocks is that the valuation is too expensive." Everbright Securities believes that A shares are more immune to overseas fluctuations. Under the analytical framework of the policy economic cycle, it is not only economic data but also policy tightness that determines the market trend. Oil prices fell sharply beyond expectations, reducing the risk of stagflation in the near future and broadening the space for domestic policy easing.

  Great Wall Securities believes that in the context of global risk assets being sold by funds, the short-term growth of the A-share market is facing emotional selling pressure. In the medium term, China’s securities market shows very obvious value toughness under the background of global general decline, and RMB assets are expected to become a safe haven favored by global funds. (End)

Hi, 1.4T Changan Yidong PLUS, the landing price is 94,000, which is not expensive, is it?

In recent years, my life has gradually entered the right track, and several major events in my life have been successfully completed. Falling in love, getting married, buying a house and having children, everything makes me feel very happy, and of course buying a car is the same. When I first got married, I didn’t feel how important a private car was, but when my daughter-in-law became pregnant, she often had to go to the hospital for examination. At this time, it was inconvenient to take the bus, especially in case of an emergency at night, it was more convenient to have a private car, so buying a car was gradually put on the agenda.

After we got married, we also saved some money with our daughter-in-law, and with the support of our parents, we can still afford to buy a 100,000-class family sedan. Moreover, my daughter-in-law and I have the same opinion. How much money we have to buy a car at what price? There is no need to pay a down payment to save face and buy a relatively expensive model. Carrying a heavy loan on your back puts you under a lot of pressure, which is not worth the loss.

It happened that we had a local auto show in May. After doing our homework online, we went to see the car with our daughter-in-law. The models we are mainly concerned about are Nissan, Volkswagen, Volkswagen, Changan PLUS and New China. It took us nearly one morning to read all the models, and the feeling is still very deep after the comparison. Nowadays, there is no doubt that the workmanship of domestic cars and Yan value joint venture brands can’t be compared at all. Then, the price of domestic cars is more advantageous. At the same price, you can choose the top match for domestic cars, but the joint venture car can only buy automatic low gear or manual gear.

At this time, my heart has been more inclined to domestic cars, especially my daughter-in-law, because she is a face value control. After that, I asked a few friends who drive domestic cars, and they all said that there is nothing wrong with the three major parts of domestic cars now, and it is meaningless to buy a 1.5L joint venture car with a budget of 100,000 yuan. Buying Changan PLUS, a domestic car, can choose the 1.4T version, and the power performance is quite good. In particular, a friend who runs Changan CS75 PLUS strongly recommended Changan brand to me, saying that it is absolutely worth the money.

After that, I was a little hesitant to buy a new one or Changan PLUS, just in time to catch up with the 2022 PLUS update. The new car added penetrating taillights, transparent chassis, automatic parking and other functions, and also replaced it with an electronic gear handle, and the cup holder area next to it was designed to look better. PLUS, there is only 1.5L version, so I finally decided to start with Plus.

Let’s share the car purchase price. I bought the 1.4T Premium Edition, with a final cash discount of 7,000 yuan. All the expenses add up to a landing price of 94,000 yuan. The 4S shop gave me a scratch insurance for one year and four basic maintenance for two years. This is the lowest price I can get. I don’t know if it is expensive.

Buying a new car is as enjoyable as marrying a bride. However, I was questioned by a neighbor. From his words, I obviously felt the meaning of looking down on domestic cars. When he saw me bring my new car home, he asked me how much it cost, and I told him truthfully. He said that he spent more than 90,000 yuan, so why not add a little money to buy one? Now the new model is a little more expensive, but you can buy the classic model, but it’s not worthwhile to buy it with a loan. At that time, I really saw the 1.5L automatic transmission with low gear, which gave me the feeling that it was shabby from the inside out. The bare car price of about 100 thousand had no function, and the interior was similar to that of a taxi, so I really couldn’t get it. I don’t know how to get a sense of superiority when buying it.

What this neighbor bought was a 1.4T model. At that time, the landing price seemed to be more than 140,000, which was still bought by loan. Now he has to pay more than 2,000 yuan a month, and the economic situation is currently sluggish. Now it is rare for him to drive when he goes out. Isn’t it sweet to change the monthly repayment amount into gas? So I told him that I bought a car to enjoy the model rather than the logo, and left after a few pleasantries.

I picked up my car in early June and have been driving for three months. Let’s share my feelings about using the car. First of all, the more I drive, the more I feel that I bought it right. Now my Changan PLUS is parked with those joint venture cars of the same level, and I always feel more elegant. The length, width and height of Changan PLUS are 4,730× 1,820× 1,505 mm and the wheelbase is 2,700 mm, but the length of this car is less than 4.7 meters, so the body of Changan PLUS is more slender and the interior space is more spacious. The shape of the new car is particularly exquisite, and the front and rear are equipped with penetrating light groups. The recognition of running on the road at night is also quite high, which is very high-grade.

When Changan CS75 PLUS first came out, I was particularly infatuated with its interior. Now it is a dream to buy Changan PLUS. The workmanship and materials used in the interior of this car are very much to my taste, and the car system responds quickly. The voice recognition system is really easy to use. When driving, you don’t need to be distracted, and you can control the skylight air conditioner and other equipment by voice. I used to feel that voice controls chicken ribs, but now it feels very practical. Moreover, this car is also equipped with a 360-degree panoramic image and a transparent chassis function. Although it feels a bit flashy, it is also practical, especially for novice drivers like my daughter-in-law and I, which really avoids many scratching accidents for us, and the camera definition is quite good. There are few such clear images in 200,000 joint venture cars.

I feel that the power performance of 1.4T Changan PLUS is not lost to that of 1.4T. In terms of parameters, this 1.4t Blue Whale engine can output 160 horsepower and 260N·m peak torque, and the book data is also better. Moreover, PLUS is matched with a wet dual-clutch gearbox, and 92 # gasoline can be added. With the difference of 30,000 to 40,000, I feel that I have bought a treasure.

Of course, to be honest, the shortcomings of this car are also objective. First of all, the fuel consumption performance can only be said to be average. I live in a small third-tier city, and the road conditions are not particularly congested. At present, the average fuel consumption of 3000km is 7.6 liters, which is really not as good as that of a joint venture car. Then the texture of the chassis is a little worse, not four-wheel independent suspension, so the comfort is average when crossing the bumpy road. But on the whole, Changan Yidong PLUS has a good cost performance and is definitely worth buying.

I like to mention Changan PLUS, but it is looked down upon by the driver. Everyone has different values. Besides, I really feel that the joint venture car is not high-end, which is just people’s traditional thinking. Today’s 100,000-class domestic cars are really fragrant, at least Changan PLUS is like this.

Handan sagitar price reduction information, the latest offer is 92,900! limited in number

[car home Handan Preferential Promotion Channel] At present, the models are being promoted in Handan area, with the highest discount reaching 35,000 yuan and the lowest starting price being only 92,900 yuan. If you are interested in sagitar, please click "Check the car price" in the quotation form and strive for higher discount.

邯郸速腾降价信息,最新报价9.29万!数量有限

Sagitar’s exterior design adopts the popular family-style design language, and the front face is equipped with a wide air intake grille, which is connected with the LED headlights on both sides, showing a strong visual impact. The overall style tends to be simple and atmospheric, and the body lines are smooth, giving people a sense of stability and dynamic.

邯郸速腾降价信息,最新报价9.29万!数量有限

The sagitar has a body size of 4791*1801*1465mm and a wheelbase of 2731mm, and its streamlined side lines show the combination of dynamic and elegance. With 17-inch wheels, the tyre size is 205/55 R17, which not only improves the grip and stability of the vehicle, but also gives sagitar a unique sporty atmosphere.

邯郸速腾降价信息,最新报价9.29万!数量有限

Sagitar’s interior design is simple and full of scientific sense. The center console adopts a 12-inch high-definition touch screen, which supports voice recognition control functions such as multimedia system, navigation, telephone and air conditioning, which is convenient for drivers to operate. The steering wheel is made of leather and equipped with manual up-and-down and forward-and-backward adjustment functions to ensure comfortable grip. There are USB and Type-C interfaces under the center console to facilitate the connection and charging of multimedia devices. The front seats are made of imitation leather, and the main driver’s seat has heating and ventilation functions, which supports front and rear adjustment, backrest adjustment, height adjustment and lumbar support, bringing a comfortable driving experience. The rear seats support proportional tilting to flexibly meet different storage needs.

邯郸速腾降价信息,最新报价9.29万!数量有限

Sagitar is equipped with a 1.5t L4 engine with 160 horsepower, with a maximum power of 118kW and a maximum torque of 250 N m. With a 7-speed dry dual-clutch gearbox, it brings strong power and a smooth driving experience.

Car home car owners are full of praise for sagitar’s exterior design, especially for its novel wheel hub style and beautiful appearance. He specifically mentioned that although the color of manganese stone black is not very resistant to dirt, it is really bright after washing, which made him decide not to choose white models.

Gree invested 1.8 billion yuan in Zhuhai Yinlong, and Dong Mingzhu’s dream of building a car has a sequel?

Real estate is too profitable, so Gree never touches real estate. Because it is too easy to make money, no one wants to engage in manufacturing, thus losing the spirit of challenge. I have always thought that corporate profits are inevitable, but they are not the purpose. So even if we lose money, we will continue to do manufacturing. -Dong Mingzhu

Dong Mingzhu has an enigmatic insistence on manufacturing. On Gree’s official website, the slogan "Let the world fall in love with Made in China" is impressively written.

During the years when Dong Mingzhu took the helm of Gree, Gree gradually emerged. As one of the best manufacturing enterprises in China, Gree has been practicing the power of science and technology with quality.

Although the cross-border of Gree has not been successful in recent years, as one of the most generous companies, Gree has created the greatest benefits for shareholders.

In 2016, Dong Mingzhu decided to enter the automotive field, as the world’s largest outlet. Later, the popularity of Tesla also proved Dong Mingzhu’s foresight.

What Dong Mingzhu didn’t expect was that Gree Electric’s proposal to buy Zhuhai Yinlong was rejected by a group of small and medium-sized shareholders. In order to cut into the field of car manufacturing, Dong Mingzhu paid 1 billion yuan, and then Wang Jianlin and Liu Qiangdong jointly invested 3 billion yuan to acquire 22.388% of Zhuhai Yinlong’s equity. Later, she personally increased her shareholding all the way to 17.46%.

However, Dong Mingzhu’s luck is really bad. With the decline of subsidies for new energy vehicles and the contradiction with Wei Yincang, the founder of Zhuhai Yinlong, this enterprise gradually lost its "voice" in the market.

Since July last year, Yinlong’s equity auction has been going on, and the unit price of equity has also dropped from 35 yuan/share, but there are still very few people concerned.

On the evening of August 31st, an announcement in Gree Electric brought Zhuhai Yinlong back to the stage. Gree said that the company acquired a 30.47% stake in Zhuhai Yinlong at a price of 1.828 billion through public bidding through judicial auction. At the same time, Dong Mingzhu also entrusted Gree with the voting rights corresponding to his 17.46% equity.

After the completion of this transaction, Gree Electric will become the controlling shareholder of Zhuhai Yinlong.

According to the contents of Gree’s announcement, Gree Electric held a seven-member board of directors chaired by Dong Mingzhu on August 30th, and all the other six directors agreed to the above transactions except Dong Mingzhu who abstained from voting because of related party transactions.

And the transaction does not constitute a major asset restructuring, so it does not need to be submitted to the shareholders’ meeting for consideration.

Regarding the acquisition, Gree Electric said in the announcement that in order to actively respond to the national "double carbon" goal and related policies, we should accelerate the diversified development.

In fact, Gree has been trying to diversify in recent years, but it has not been very successful. In addition to the mobile phone business, the pressure on new energy projects is also relatively large. However, in recent years, the fire of new energy has driven the whole industrial chain, and the energy storage-related sectors are also a development direction in the future.

Therefore, I think that after Gree holds Yinlong, Yinlong will have three development directions in the future:

First, get rid of the baggage and start again. In the past two years, Yinlong has been listed as an executor for many times, and it has been executed for six times in the first half of this year. The latest execution target is about 240 million yuan. At present, the company has no property available for execution;

Second, get "blood transfusion" and increase production capacity. In the past two years, due to the reconstruction of the value of the new energy vehicle industry, Weilai Automobile and Xpeng Motors have achieved good results in the capital market. If Yinlong can increase production capacity and complete the upgrade, it is not counted that the current price wins the controlling stake of Yinlong;

Third, strengthen the cooperative relationship between Gree and Yinlong, for example, equip Yinlong new energy vehicles with Gree air conditioners, and take the opportunity to open the car air conditioning market. At present, air conditioning is still Gree’s main income, accounting for more than 70% of its revenue. As long as Gree can take the opportunity to open up new markets, then the acquisition is successful.

On the whole, Yinlong has reached an important juncture. If Gree does not help, the road of Yinlong will become more and more difficult. After Gree enters the market, its dream of new energy may be "rekindled".

Geely nova joins the price war! Down 17 thousand, configuration upgrade, satisfied

Zhiyi automobile/Xiaofan

A few days ago, Zhifu Automobile learned from Geely official that the 2025 Geely Xingyue L officially opened for pre-sale, and the new car was named Xingyue L Dongfang Yao, and two models with Lanxing and Wangyue were launched, with the pre-sale price range of 170,000-180,000 yuan. At the same time, the new car is planned to be officially launched on October 23rd, and its competitors are also locked into Changan CS75 PLUS, Honda CR-V and other models. With reference to the current Geely Xingyue L, the price range is 137,200-185,200 yuan.

In terms of appearance, according to the exposed pictures, the 2025 Geely Xingyue L continues the design language of the current model as a whole. The front face will also be replaced with a large-size "straight waterfall" grille design, with a brand-new silver brand LOGO running through it, and with matrix headlights on both sides, its actual effect is also more prominent. At the same time, the new car will also make some adjustments for the lower enclosure, plus the diversion grooves on both sides, which will also create a good sports atmosphere.

On the side of the car body, the whole car has not changed much. Two sultry waistlines run from the front of the car to the rear of the car, and with the design of new dense spoke wheels, it also gives people a strong sense of movement. At the same time, the new car still adopts the design of traditional door handles, which will be more in line with consumers’ car habits compared with mainstream models. In terms of size, the length, width and height of the new car are 4770/1895/1689mm and the wheelbase is 2845 mm.

In terms of tail, the new car will still adopt the design of penetrating taillights, and the interior will be blackened. It is expected that the visual recognition will be more prominent after lighting. At the same time, a new green paint will be added to the new car, which will better meet the diversified car demand of young consumers.

As for the interior, the new car will add a white interior to choose from. You know, the current white interior is deeply loved by consumers. At the same time, the center console of the new car will also be integrated with 12.3-inch LCD instrument +12.3-inch central control screen+co-driver entertainment screen. With the three-position multi-function steering wheel, the overall feeling is also full of science and technology. Moreover, the new car will continue to use the Galaxy OS system and will not upgrade Meizu FlymeAuto. In terms of configuration, compared with the old models, the new car will also come standard with functions such as seat massage, headrest audio and two rows of electric seats, which can basically meet the needs of most consumers.

In terms of power, the new car will also be built based on the CMA architecture platform, and will continue to be equipped with a 2.0T+8AT powertrain, and still provide two-wheel drive and four-wheel drive models, with a maximum power of 175kW and a peak torque of 350 N m. In terms of suspension, the new car will also be equipped with CDC variable damping suspension, which can show a relatively stable body posture even when dealing with some complicated road conditions.

In terms of price, the pre-sale price range of new cars is 170,000-180,000 yuan. As for the final pricing of the new car after listing? It also deserves our common concern. What do you think of this? Welcome everyone to leave a message below to discuss.

The original article of Zhiyou Automobile, please contact us if you need to reprint it.

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From 174,900 yuan, 2025 Volkswagen Magotan and 2 million shared models went on the market. This time, the old car owner won.

speed up apply the brakes oil consumption second rice rise Is it worth it? Fully test FAW-Volkswagen Magotan Evaluation editor-Han Lu:

Magotan’s 1.8TFSI engine is a bright spot. This engine specially designed for China has found a good balance between power and economy. However, the reduction of interior materials of Magotan is a little too serious, which makes me a little disappointed. Generally speaking, Magotan is still a comparative value. I hope that in the future, the 09 and 10 models will not be like sagitar, and only the allocation will be reduced without increasing.

Evaluation Editor-Wang Kugong:

Although the late Magotan did not bring unexpected surprises, the advanced technology and technology of PQ46 platform were completely preserved. There is no radical and grandiose design in appearance, and it still maintains an introverted route. There are many technical highlights and high-tech equipment in the whole car. 1.8TSI engine is full of confidence, stable driving performance and comprehensive safety protection; The only regret is that the workmanship of the interior is not as good as before.

Evaluation Editor-Meng Qingjia:

My overall evaluation of Magotan is still relatively high, and one of the reasons for my appreciation is the high-level manufacturing technology; The second is good daily driving performance, and finally got good results in the test! The fly in the ointment is that Magotan’s interior materials are really not very particular. I don’t think it is necessary to choose this kind of imitation mahogany decorative board.

Firmly fight the "technical war" and "value war" and Roewe’s "D strategy" will be effective

According to the latest data of SAIC passenger cars, Roewe’s new energy sales accounted for 45% in 2023, a significant increase of 29% year-on-year, among which the sales of hybrid vehicles increased by nearly 8% year-on-year. Mainly due to the continuous "boarding" of the DMH super hybrid system and the rapid "quantity" of the Roewe D7 DMH equipped with this system, the Roewe brand quickly gained a foothold in the hybrid car market. In addition, driven by Roewe D7 EV, Roewe iMAX8 EV and other pure electric vehicles, Roewe brand also achieved a substantial increase in sales in the high-end pure tram market.

The new kinetic energy generated by new technologies such as SAIC’s new energy technology base and Roewe DMH super hybrid system is pushing Roewe brand to leap forward.

Play the trump card of DMH hybrid technology and push the heavy SUV again this year.

With the advantages of energy saving, no mileage anxiety, and richer car use scenarios, hybrid vehicles have become a "dark horse" that can’t be ignored in driving the new energy auto market, and will usher in a new golden development period in the next few years.

Roewe, which has occupied the position of hybrid king for a long time, has once again taken the lead after more than ten years of accumulation, showing the trump card of refreshing the industry technical benchmark-DMH super hybrid system. The system integrates innovative technologies such as powertrain brain PICU and coaxial P1 motor pioneered by the industry, which will be the anchor point of Roewe’s "standing on DMH technology and breaking the game with long-term value" in the new era. Last year, Roewe released the "D Strategy", one of the cores of which is to "master the core technologies that affect the future development of the industry", upgrade the car experience with core technologies, and create long-term value for users. Facing the fully market-oriented new energy vehicle market, it is Roewe’s way to break through by firmly fighting "technology war" and "value war".

Roewe D7 DMH, a "super hybrid cloud car" launched in November last year, directly hit the competing products in the price range of 100,000 with the experience, quality and price of the B-class car, rewriting the value definition of the B-class car by the joint venture brand in one fell swoop, and relying on the advantages of the real long battery life of 1704km in winter, the measured fuel consumption of 3.4L km, and the industry-leading Yunsu intelligent cockpit, the order for listing in one month exceeded 10,000. Roewe D7 proves with strength that the more "involuted" the market is, the more it needs excellent technical strength, and DMH super hybrid technology is undoubtedly the basis for Roewe D7 to reshape the market competition pattern.

The strong support of new technologies has also enabled the Roewe brand’s hybrid products to be "new" quickly. It is expected that in March this year, the long-life hybrid SUV market will welcome Roewe D5DMH, the first SUV model of Roewe "D family". Roewe will continue to anchor the "trump card" and "heavy position" of DMH super hybrid technology in the hybrid market, and accelerate the replacement of "basic disk" fuel vehicles in the automobile consumer market.

Technology-driven pure electric quality upgrade, increasing the proportion of high-value products.

With the introduction of new products by major new energy manufacturers, the industry is moving towards full-scale market competition, and new energy vehicles will eventually return to the "challenge ring" that speaks with product strength, especially for pure electric vehicles with relatively higher prices, which have entered the "final circle" that is driven by technology to upgrade quality and experience.

Roewe D7 EV, a "rear-drive pure electric cloud car", with its safe and reliable quality and driving experience comparable to that of a 300,000-class high-performance car, jumped to the second place in the market segment of "pure electric car with a long battery life of more than 500 kilometers within 200,000" in Shanghai, the consumer vane of the pure electric car market. In addition, the Roewe D7 EV has sold more than 60% of the rear-drive flagship version with a price of 150,000 yuan or more, which shows that the market has a strong demand for high-quality pure electric cars.

For pure electric vehicle users, platform architecture, battery safety, cruising range, etc. are all the focus of attention. The Roewe D7 EV built on the exclusive systematic platform of pure electricity of "SAIC Nebula" is different from some hot-selling "oil-to-electricity" models in the market, and its original pure electricity architecture optimizes the utilization of internal space from the source, providing a 101L "unique" super-large front reserve box of the same class. On the battery safety that users are most concerned about, Roewe D7 EV adopts Ningde zero-combustion battery, which has five protection mechanisms. The ultra-thin "recumbent" battery with the leading energy density at the same level brings a pure electric cruising range of up to 610km, which is enough for daily commuting. Roewe D7 EV has improved the travel quality of users with its "true pure electricity" strength superior to its peers.

In addition, the Roewe D7 EV, which is beside the technology, has ended the embarrassing experience of the user’s "pure electric old man car", and proved that hundreds of thousands of cars can also talk about performance with strength. Roewe D7 EV is equipped with VGA six-in-one electric drive new three-electric technology. The maximum power of the motor is 145KW, the maximum torque is 310N·m, and the power is far ahead. In addition, the rear drive+five-link independent suspension further enhances the handling experience and greatly satisfies the user’s driving experience.

In 2024, it will be a crucial year for SAIC to implement the "Three-year Action Plan for the Development of New Energy Vehicles". Roewe will continue to increase the number of new energy tracks, anchor the core technology to break through, and take the real experience of users as the starting point, and continue to transform the technical value into user value, drive the core market with core technology, and continuously improve the travel quality and car experience of users. In the next three years, Roewe will launch nine new energy vehicles with the "D family" as the core, and realize full coverage of all categories from pure electric to hybrid, from compact to middle and advanced, from cars to SUVs and MPVs.

Extreme Yue 07 interior design exposure, the new car is expected to be officially launched in September this year.

Recently, Extreme Yue Automobile revealed the sketch of the interior design of its pure electric medium-sized car-Extreme Yue 07.

Let’s take a look at the exterior design of this car first. Extreme Yue 07 continues the brand family-style design language in exterior design. The front face adopts a closed grille, which is matched with a penetrating LED strip and a T-shaped headlight group, and the trapezoidal air intake at the bottom adds a bit of movement. The body is designed with a streamlined hatchback, and the rear is equipped with a sports tail and a penetrating taillight group that can automatically lift, and a charging interface is set under the left taillight.

The body size of Extreme Yue 07 reaches 4963mm long, 1989mm wide and 1475mm high, and the wheelbase is as long as 3013mm, which ensures a spacious interior space.

The most striking thing about the interior design of Extreme Yue 07 announced this time is the 35.6-inch 6K ultra-high definition giant screen across the instrument panel and the innovative semi-circular steering wheel design, which adds a sense of the future to the interior design. The car supports on-screen touch shifting, and also allows users to adjust the layout of multi-function buttons according to their personal preferences. The control wheel on the steering wheel will also provide users with convenient operation.

The sub-instrument area adopts an open layout, integrates the wireless charging boards of dual mobile phones, and has intelligent heat dissipation function to ensure the safety of the equipment. The shift button is cleverly placed below, with a cup holder with a dust cover and flexible storage space to meet the needs of daily travel. On both sides of the center console, an automatic lifting sound system is provided to create an immersive listening enjoyment.

In terms of seat layout, the Extreme Yue 07 adopts a five-seat design, and the front seats are integrated in sports style. The details are decorated with vertical stitches, which adds a sense of exquisiteness to the interior design. The rear seat is equipped with a folding armrest in the center, which improves the riding comfort.


According to reports, this high-profile new car is expected to be officially launched in September this year. At that time, it will compete fiercely with popular models such as Tesla Model 3, Extreme Krypton 007, BMW i3 and Weilai ET5 to provide consumers with more diversified choices.

EV Morning News | The oil price will be lowered tonight; The Ministry of Foreign Affairs responds to the Ren’ai Reef issue again; Palestinian-Israeli conflict intensifies, NVIDIA cancels AI summit.

1. The oil price will be lowered tonight.

At 24: 00 on October 10, a new round of price adjustment window for domestic refined oil products will open. No.92 gasoline is expected to be lowered by 0.06 yuan/liter on average, No.95 gasoline is expected to be lowered by 0.07 yuan/liter on average, and No.0 diesel is expected to be lowered by 0.07 yuan/liter on average. Since the beginning of this year, oil prices have been adjusted 19 times, including 10 upward adjustments, 6 downward adjustments and 3 stranding. Tonight’s price adjustment will be the 20th oil price adjustment this year. (The Paper)

2. The spokesman of the Ministry of Foreign Affairs responded to the Ren’ai Reef issue again.

Recently, a series of actions taken by the Philippines in Ren’ai Reef have seriously violated China’s territorial sovereignty, and China has repeatedly made solemn representations to the Philippines. The Ministry of Foreign Affairs responded by reiterating five points: First, Ren’ai Reef has always been the territory of China. 2. Ren’ai Reef has never been a Philippine territory. 3. The so-called award in the South China Sea arbitration case is illegal and invalid. 4. The Philippine warship "sitting on the beach" in Ren’ai Reef seriously violated China’s territorial sovereignty. 5. The responsibility for the current maritime situation lies entirely with the Philippines. (official website, Ministry of Foreign Affairs)

3. NVIDIA cancels the AI Summit.

Worried about the security situation in Israel, technology giant NVIDIA will cancel the offline meeting of the annual artificial intelligence (AI) summit scheduled to be held in Tel Aviv, Israel on October 15th and 16th. According to the original plan, NVIDIA will show its latest progress in the field of artificial intelligence at the Artificial Intelligence Summit, and Huang Renxun, CEO of NVIDIA, will deliver a keynote speech. (Cailian)

4. The United States agreed to import American semiconductor equipment to Samsung and SK factories in China.

According to Yonhap News Agency, the US government agreed that Samsung Electronics and SK Hynix should import American semiconductor equipment in their factories in China without other licenses, which is equivalent to indefinitely extending the exemptions previously obtained by these two companies. Samsung Electronics produces NAND flash memory chips in Xi ‘an, China, SK Hynix produces DRAM memory in Wuxi factory and NAND chips in Dalian. Both companies have invested billions of dollars. (Observer Network)

5. The Ministry of Transport issued the Technical Guide for Supporting Autopilot in Highway Engineering Facilities.

The Ministry of Transport issued the Technical Guide for Supporting Autopilot in Highway Engineering (full name "Technical Guide for Supporting Autopilot in Highway Engineering Facilities") as the recommended industry standard for highway engineering, which will take effect on December 1, 2023.

According to the interpretation of the Highway Bureau, the emergence of autonomous driving technology provides a new idea and technical path for the realization of this goal. With the help of automatic driving and assisted driving technology, some safety problems caused by people’s fatigue and inattention can be alleviated or avoided, and the running speed can be improved, congestion can be reduced, and the running efficiency of highway facilities can be improved, which has certain practical value. (Ministry of Transport)

6. Ministry of Industry and Information TechnologyData calculation: the scale of computing power will increase by over 66% in 2025.

On October 9, the Ministry of Industry and Information Technology, the Central Network Information Office, the Ministry of Education, the Health and Health Commission, the Central Bank and the State-owned Assets Supervision and Administration Commission jointly issued the Action Plan for High-quality Development of Computing Infrastructure, which set development goals in terms of computing power, network carrying capacity, storage capacity and upper application scenarios. According to the data of the Ministry of Industry and Information Technology, the scale of computing power in China increased by more than 66% from 2023 to 2025, of which the scale of intelligent computing increased by more than 155% (Caixin.com).

7. The 2023 Nobel Prize in Economics was announced.

The winner of the Nobel Prize in Economics was announced. Claudia Goldin, an economist at Harvard University, won this award in recognition of her research on promoting the understanding of women’s labor market results. (Cailian)

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8. Wenxin Big Model 4.0 will be released soon.

Baidu is stepping up the training of Wenxin Big Model 4.0, which is expected to be released at the Baidu World Congress on October 17th. This will be another heavyweight version after Wenxin Big Model 3.5. According to the news, Wenxin Big Model 4.0 is progressing much faster than expected, which will be a big upgrade of the basic model, and the core abilities of understanding, generation, logic and memory will be improved, especially in logical reasoning, code and mathematics. (First Electric)

9. The first hydrogen-powered train in the Middle East will be put into trial operation.

The first hydrogen-powered train in the Middle East will start trial operation in Saudi Arabia this week, and it is expected to run for several months. Saudi Railways will conduct experiments and research on this trial operation together with Alstom, a French railway transportation giant.(First Electric)

10. Haoplatinum SSR is on sale.The price is 1.286 million.

The new car is driven by pure electric power, with a maximum power of 1,225 HP and a maximum torque of 12,000 Nm. The acceleration time of 0-100km/h is only 1.9 seconds. The official guide price is announced, and there are three versions in total. There are 1.286 million SSR, 1.386 million speed version and 1.686 million track version. (First Electric)

11. Aouita gradually opened the NCA without a map.

On October 9th, Aouita will gradually open the NCA, and will complete the delivery according to the schedule of "6 cities -16 cities-the whole country". The first batch of 6 cities are Beijing, Shanghai, Guangzhou, Chongqing, Shenzhen and Hangzhou. By the end of 2023, the intelligent driving function of high-speed, urban area and parking will be more smoothly combined nationwide. It is reported that compared with the existing intelligent driving, the intelligent driving experience of NCA without map is better, and it is not necessary to choose a human driving/intelligent driving route, choose a good destination, operate with one button, switch without feeling, open with or without network, and complex road conditions are not degraded. (First Electric)

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12. Weilai achieved 30 million power exchanges.

The first in the industry!Weilai Automobile has reached 30 million power exchange services. According to the data, as of the 6th of this month, Weilai has built 1,937 power exchange stations, including 572 expressways, which have opened the high-speed power exchange network of 6 vertical, 4 horizontal and 8 urban agglomerations. The completed high-speed power exchange network will continue to be encrypted in the future.(First Electric)

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13. GAC’s sales of new energy vehicles in September increased by over 70% year-on-year.

In September, the automobile sales volume was about 243,600 vehicles, up 2.71% year-on-year, and the cumulative sales volume this year was about 1,794,300 vehicles. Among them, the sales volume of new energy vehicles in September was about 58,000, up 70.36% year-on-year, and the cumulative sales volume during the year was about 393,900, up 92.27% year-on-year.(First Electric)

14. Newton Group suspended its capital injection into Evergrande.

Due to the recent changes in Evergrande Group,Known as "the first new energy vehicle in UAE"Newton Group suspended the second and third payments to Evergrande.Previously, Evergrande announced that it had won the first strategic investment of $500 million from Newton Group. By the end of the first half of the year, Evergrande had total assets of 42.852 billion yuan and total liabilities of 75.992 billion yuan. (First Electric)

15. The largest integrated Tesla Center in China settled in Shanghai.

Tesla Corporation and New Development Company, a subsidiary of Waigaoqiao Group, have officially signed a property lease contract, and will set up Tesla Center in Xin Park, a new exhibition city. The new exhibition city Tesla Center has a building area of over 8,000 square meters, which integrates the functions of all the models on sale, test drive and after-sales maintenance. It is the largest integrated Tesla Center in China at present. It is reported that Tesla Center, a new exhibition city, is located at No.777, Jujin Road, Pudong New Area, adjacent to Porsche China College and the flagship store in China, Sam, and is scheduled to officially open in mid-2024. (WeChat official account, Window of Waigaoqiao)

16. Musk believes that China car companies are the most competitive.

Last night, Twitter blogger Whole Mars Catalog published a global ranking of electric vehicle sales published by statistical website CleanTechnica, with an article saying that "there are no traditional car companies in the top ten". Musk replied in the comment area, "According to our experience, China car companies are the most competitive.Force. "(First Electric)

17. Li Fenggang took over as Executive Deputy General Manager of FAW Audi.

On October 8th, FAW-Volkswagen announced that Li Fenggang would succeed Sun Huibin as the executive deputy general manager of FAW-Audi Sales Co., Ltd. from now on, and be fully responsible for the sales, after-sales service, network and brand marketing of all domestic and imported FAW-Audi cars in China. Sun Huibin will be transferred to China FAW Strategy and Cooperation Department.(First Electric)

18. Zero-run cars were collectively complained by many car owners.

In September, the zero-run C11 super extended-range version was officially launched, which was only half a year before the C11 extended-range version was launched. The biggest change of the new super extended range model is to replace the criticized 1.2T three-cylinder range extender on the old model with a 1.5-liter four-cylinder range extender. However, the zero-running car has aroused a lot of complaints from the owners of the old models. The complaint reflected that the Zero Run car deliberately concealed the listing information of the modified models in order to clear up the inventory of the old models, which led to the price reduction of the old models just bought by 20,000 yuan and a sharp depreciation, which was a serious deception and an old owner in backstab. (First Electric)

19. PetroChina’s first super charging demonstration station was put into operation.

China Petroleum’s first "Super Charging+Convenience Store" comprehensive demonstration station was officially opened and put into operation on October 8th. It is reported that the station is located on the south side of the third street in Tianjin Development Zone, covering an area of more than 4,000 square meters and having more than 80 charging parking spaces. The total installed power capacity is 6,000 KVA, and a photovoltaic building integrated double-glass photovoltaic power generation module with a total installed capacity of 185kW is installed at the top of the parking shed. The daily power generation exceeds 400kWh, and the annual net power generation is 175,000 kWh. It is estimated that the annual carbon dioxide emission reduction will exceed 175 tons. Many of the charging piles are all liquid-cooled overcharged terminals of Huawei, with a maximum output power of 600kW and a maximum current of 600A, which can match all models. (First Electric)

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20, ask the world M9 new color matching real car appeared.

A few days ago, some netizens exposed a group of photos of the real car of the M9. The new car was painted with a brand-new "azure blue" color scheme, which is the same as the main color of the M7. Moreover, the body is still designed with double colors. For this kind of large SUV, the painting with double colors can make the body look less bloated and significantly increase the luxury atmosphere of the vehicle.(First Electric)

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21. Faraday will deliver FF9 to Jia Yueting in the future.

Faraday Future delivered FF 91 2.0 Futurist Alliance to Jia Yueting, founder and chief product and user ecologist of the company, at the Delivery Co-creation Day held at the company’s headquarters in Los Angeles today. (First Electric)

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22. The official appearance map of LECK 06 PHEV was released.

Link Auto has released the official photo of the brand-new 06 EM-P, which is positioned as "New Urban Functional Super-electric SUV". The appearance of the new car follows the design style of Lectra 06, but the design of its front face has been adjusted. In order to further enhance its sports and cross-border atmosphere, the car that appeared this time adopted a paint similar to mint green tone. (First Electric)

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23. BYD Dolphin Latin America Special Edition was released in Brazil.

On June 30th this year, BYD Dolphin was officially listed in the Brazilian market. Up to now, its sales volume has exceeded 5,000 in just over three months. In order to further expand overseas markets, BYD has launched two special models-BYD Dolphin PLUS and BYD Dolphin DIAMOND. The official price of BYD Dolphin PLUS version in Brazil market is 179,800 reais (about RMB255,000). The official price of the DIAMOND version of BYD Dolphin in Brazil is 149,800 reais (about RMB212,500). (First Electric)

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24. Hechuang V09 will be listed on October 13th, with 320,000 pre-sales.

Hechuang V09, a medium and large pure electric MPV—— owned by Hechuang Automobile, will be officially launched on October 13th and will be delivered at the end of October. The new car has been pre-sold before, and five models have been launched, with a pre-sale range of 320,000-460,000 yuan. (First Electric)

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25, Bao Junyue also "five-door version" listed next year.

Zhou Shuo, deputy general manager of SAIC-GM-Wuling Brand Division, said: "Five-door version of Baojun Yueye Plus" will be listed in the first quarter of next year. Zhou Shuo mentioned that the new car will continue the urban hard-core style and will bring very strong performance to consumers. (First Electric)

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26, scientists find the root cause of lithium battery performance decline.

A recent study in the United States found that the so-called solid electrolyte interface (SEI), the fundamental reason for the performance decline of lithium batteries, is not an electronic insulator as previously thought, but behaves like a semiconductor. SEI acts like a guardian, allowing lithium ions to enter and exit the anode freely. At this point, the researchers concluded that minimizing the organic components in SEI will make the battery have a longer service life.(First Electric)

27. China’s new technology can warn lithium battery of thermal runaway.

Professor Sun Jinhua of China University of Science and Technology, the team of researchers Wang Qingsong and the team of Professor Guo Tuan of Jinan University have made important achievements in the field of optical fiber detection and early warning of thermal runaway of lithium-ion batteries. The team successfully developed a high-precision, multi-modal integrated optical fiber device that can be implanted in the battery, and took the lead in realizing accurate analysis and early warning of the whole process of thermal runaway of commercial lithium batteries. (First Electric)

28, sodium ion battery public comments.

Recently, China Chemical and Physical Power Industry Association issued a notice to publicize and solicit opinions on the group standard of "General Specification for Sodium Ion Batteries" on the Internet from October 8 to November 7.After the public consultation, the compilation team is expected to officially release this Code around November and begin to implement it.It is reported that the General Specification for Sodium Ion Batteries is applicable to sodium ion batteries and battery modules used in electric vehicles, light power and energy storage.(First Electric)

Du Fu’s influence is higher than Li Bai’s? The conclusion of big data research on Tang poetry and Song poetry is subversive.

  The conclusion of big data research on Tang poetry and Song poetry is subversive.

  Analysis with big data: Bai Juyi, a poet in the Tang Dynasty, has the largest number of works, but the influence ranks ten. It is not Su Shi and Xin Qiji who collect the most words in the famous works of Song Ci, but Zhou Bangyan.

  Using big data to analyze Tang and Song poetry, the conclusion may be beyond your imagination — — Bai Juyi, the first poet in the Tang Dynasty, ranked among the top ten in terms of influence. Among the famous works of Song Ci, Zhou Bangyan is the one who collected the most poems, not Su Shi and Xin Qiji. The comprehensive impact index shows that Du Fu is higher than Li Bai and Xin Qiji and stronger than Su Shi … …

  The above new findings were analyzed by Wang Zhaopeng, the chief expert of the National Social Science Fund’s major project "Construction of the Information Platform of the Tang and Song Dynasties Literature Chronology Department" and the chair professor of the School of Literature and Journalism of Sichuan University.

  Tang poetry is the first peak in the history of China’s poetry. There were more than 50,000 poems and more than 3,000 poets in the Tang Dynasty, and both poets and poems reached an unprecedented level. In the Song Dynasty, there were nearly 1,500 poets, and there were more than 21,000 poems.

  From the perspective of individual poets, who has the most works in Tang poetry and Song poetry? Wang Zhaopeng’s big data shows that Bai Juyi ranks first in the volume of Tang poetry works, with nearly 3,000 poems; Du Fu and Li Bai followed closely, both exceeding the 1000 mark. In the Song Dynasty, Xin Qiji ranked first in terms of the number of ci poems, with more than 600 poems, followed by Su Shi and Liu Chenweng. The number of Song poems is dominated by Lu You, with more than 9,000, followed by Liu Kezhuang and Yang Wanli.

  According to the ranking of comprehensive influence index, Du Fu is the most influential poet in the Tang Dynasty, followed by Li Bai and Wang Wei, while Bai Juyi, whose works rank first, ranks out of ten. In Song Dynasty, Xin Qiji was the first poet in terms of quantity and influence, while Su Shi and Zhou Bangyan were the second and third respectively. Su Shi ranks first in the influence of Song poetry, followed by Lu You, whose works rank first.

  When it comes to famous poets in Tang poetry and Song poetry, people used to call them "Li Du" and "Su Xin". It seems that Li is superior to Du Fu and Su Sheng is superior to Xin. However, the comprehensive impact index shows that Du Fu is higher than Li Bai and Xin Qiji is stronger than Su Shi. What’s even more surprising is that the most sought after poet is not Su and Xin, but Zhou Bangyan. Among the 100 and 300 famous Song Ci poems, Zhou Bangyan accounted for 15 and 40 respectively, with a much higher share than Su and Xin.

  Is it scientific and feasible to measure and analyze subjective poetry appreciation with objective data? In an exclusive interview with the Beijing Youth Daily reporter, Wang Zhaopeng emphasized that although the data can describe and show the development of the history of literature to a certain extent, it also has obvious limitations.

  Started research 30 years ago.

  Accumulated millions of pieces of data.

  Q: What was the original intention of the topic "Poetry World of Tang and Song Dynasties in Big Data"?

  A: I started to do quantitative analysis of Tang and Song poetry in 1992. The original intention is that everyone has his own famous Tang and Song poems in his mind. I want to use statistical data to analyze and measure which Tang and Song poems are regarded as famous works in history.

  Q: How do you use big data to measure the quality of Tang and Song poetry? How are these data counted?

  A: At present, there is no effective data to evaluate and measure the quality of Tang and Song poetry works. At present, I am trying to build an evaluation index system for the quality of literary works in order to collect data. It takes a long time. In addition, the evaluation index system established by individuals needs academic recognition and consensus.

  Q: What is the current research status of the literature index system in academic circles?

  A: Literature data in the era of big data need to be classified and stratified to establish an index system of literature history data to ensure the reliability and validity of the data. However, at present, there are not many scholars who use big data to study Tang poetry and Song poetry, and the big data of Tang poetry and Song poetry shared by academic circles is also quite limited.

  From 1992 to now, although I have accumulated more than one million pieces of data related to Tang poetry and Song poetry, it is still incomplete and unbalanced. Some time periods have more data and some time periods have less data; Some have more data of this kind and less data of that kind; Some poets have more data, while others have less data. We often feel that "books hate less when they are used", especially the data. When analyzing Tang poetry and Song poetry in an all-round way, we often feel that the data is not enough.

  In my opinion, the index system of literary evaluation should be based on works. The influence of a writer is based on the influence of his works. The evaluation of works can be divided into two dimensions, one is the internal literary value of relatively stable works, and the other is the external influence of dynamic works. Its literary value can be evaluated from both content and form.

  The influence of works is measured from three levels: creator, critic and ordinary reader. First, the influence on the creator, including quotation, adaptation, imitation, adaptation, translation, etc., reflects the exemplary and attractive nature of the work; Second, the comments of critics and the research of scholars reflect the reputation and attention of the works in literary criticism and academic research; The third is the circulation and awareness rate among ordinary readers. After determining the value of the works, the basic elements and structure of the influence, a calculation model is constructed, and then the computer runs in relevant resource libraries, corpora and networks, mining and extracting relevant data, and finally calculating the score of each work.

  The data cannot measure the artistic content.

  And aesthetic value.

  Q: You mentioned in your topic that, according to statistics, from the Eastern Han Dynasty to the end of Sui Dynasty, there were only more than 5,000 poems in total, but in the Tang Dynasty, there were more than 10,000 poems for the first time and they directly crossed to more than 50,000 poems. Compared with the previous eight generations of poems, the number of Tang poems has increased by more than seven times, and the number of poets has increased from more than 600 to more than 3,000. Both poets and poems have reached an unprecedented level. Where did this data come from, and what important documents did you refer to?

  A: The data comes from two papers by my old friend Professor Shang Yongliang: Quantitative Analysis of the Distribution and Development Trend of Poetry in Eight Dynasties and Quantitative Analysis of the Hierarchical Distribution and Generation Development of Famous Poets in Tang Dynasty.

  Q: Bai Juyi has the largest number of poems, but his influence is beyond the top ten. How is this judged?

  A: It is determined by data. We use a variety of data to rank the influence of poets in the Tang Dynasty. Bai Juyi’s influence is greater in modern times than in ancient times. His comprehensive influence is far less than that of Li Bai and Du Fu.

  Q: What is the basis for you to judge the quality of Tang poetry and Song poetry through big data?

  A: At present, only big data can be used to measure the influence of Tang poetry and Song poetry — — Including the attraction to the creation of later generations of poets, the reputation among post-pronoun critics, the popularity among ordinary writers and so on. At present, it is impossible to measure the artistic content and aesthetic value of Tang poetry and Song poetry with data.

  The literary center was in the early Northern Song Dynasty.

  Move to the south completely

  Q: Did you encounter any academic difficulties in studying Tang and Song poetry with big data, and how did you overcome them?

  A: Literature research has never been data-conscious. The difficulty lies not only in where to find data, but also in what kind of data to find. What kind of data is useful and effective needs both theoretical support and test in practice. Theoretically, we are constantly searching for the enlightenment of theory and method from statistics, econometrics and econometrics. In practice, trial and error, failed again. The most painful thing is that the database was built and the article was finished. Suddenly, I found that the data sources were incomplete, so I had to fill in the data from the beginning, and the written paper was torn down again.

  Q: What new discoveries have you made in the specific research of big data?

  A: The meaning of data can not only confirm the traditional conclusion, but also revise it, and find new problems and change traditional cognition. For example, there is a famous conclusion in China’s cultural geography that the cultural center of China gradually moved from the northern Central Plains to the south. The first southward movement was the Yongjia Rebellion in the Eastern Jin Dynasty, the second southward movement was the Anshi Rebellion in the Tang Dynasty, and the third southward movement was the Jingkang Rebellion in the Song Dynasty. Three wars pushed the cultural center to move south. After the Jingkang Rebellion, the cultural center was completely moved to the south. According to our big data, the literary center was completely moved to the south in the early Northern Song Dynasty, and the number of authors in the south completely surpassed that in the north, without waiting until after the Jingkang Rebellion. Moreover, war is not the only factor pushing the cultural center to move south.

  We also found that the literary center of the Song Dynasty gradually moved to the southeast coast. According to the statistics of today’s municipal administrative divisions, Nanping, Fujian Province has the largest number of authors in the Song Dynasty, ranking first and Fuzhou second, which is very surprising. Related to this, the number of scholars in the Song Dynasty ranked first in Fuzhou and second in Nanping. It can be seen that Nanping and Fuzhou had developed education at that time, with many scholars and many poets. Education and literature are highly positive.

  In addition, we also found that the peak of Su Dongpo’s ci creation was in Huangzhou, one third of his ci was written during his relegation to Huangzhou, and half of his masterpieces were written in Huangzhou. For example, the first masterpiece of Song Ci, Niannujiao Chibi Nostalgia, was written in Huangzhou. Huangzhou made Su Shi’s poems brilliant. (Text/Reporter Zhang Enjie Coordinator/Liu Jianghua)