Driven by the growing trend of mobile phone screens, it seems that all electronic products are racing towards the road of "big and thin". Therefore, after 5-inch brilliance, portable navigation turned to 7-inch in 2012 without hesitation. Under the leadership of the first-line brand Ren Waiyou, GPS manufacturers have continuously launched 7-inch large screens to seize the market, and Chinese consumers who are used to buying big things are also happy to enjoy the great happiness brought by large screens. Today, I will recommend several first-line brands’ 7-inch boutique navigation for you to see if there is any "dish" for you?

　　Let Me Travel N710

　　Operating system: WinCE6.0

　　Memory: 128M

　　Positioning accuracy: 10m

　　Screen: 7 inch high definition touch screen, resolution: 800 * 480

　　Map: New map of 4D map

　　N710 screen has 480 * 800 high definition resolution, clear and comfortable screen brightness with 7-inch screen presents clear traffic information and navigation information, while the 7-inch screen also makes the N710 UI interface more outstanding, whether it is the boot interface or 3D real scene, service area Kanban, dynamic lane display and other functions have been perfectly presented to the greatest extent, especially after the enhanced version of the software, its various path planning functions, more comprehensive high-speed distance, ordinary road distance, traffic lights number, total driving distance, estimated driving time and other navigation indicators, for the owner to plan a shorter distance, high-speed priority, ordinary priority and recommended routes and other driving routes, forming a high-value driving recommendation scheme.

　　In terms of query and navigation functions, the N710 brings a leisurely experience to car owners. The "seckill" query function ensures that the N710 has unlimited search in unlimited areas and categories across the country. Whether it is WEB query, vague query, point of interest query or house number query, the 7-inch wide screen can fully display the query information, and then present a more concise and intuitive perfect navigation route, making driving more leisurely.

　　In addition to inheriting the powerful functions of the N series, the Renwoyou N710 also has excellent expansion functions. By reserving the AV-IN interface in the product design, the integration of navigation with electronic dogs, driving recorders, reversing rear view and other devices is realized, which fully meets the various needs of car owners during driving and provides them with a safer driving life.

　　Editor’s comment:As a leading brand of domestic navigation, each product is firmly established in the navigation market with its high-level and demanding style. This is the case with the N710 recommended for everyone. While the navigation function meets the needs of consumers, the enhanced software and expanded functions help users effectively cope with new traffic regulations and avoid severe penalties.

　　Freelander D70

　　Operating system: WinCE6.0

　　Memory: 128M

　　Positioning accuracy: 10m

　　Screen: 7 inch high definition touch screen, resolution: 800 * 480

　　Map version: Daodaotong map

　　The D70 Freelander uses the Daodaotong 3D navigation system, and the navigation map data covers the whole country, of which the number of POIs reaches 24 million, the road network reaches 3.24 million kilometers, has 350,000 electronic eyes, and 2,000 upgraded service points.

　　Due to the use of 3D navigation system, Freelander supports 3D real-life navigation. Its 360,000 3D intersection enlarged map can cover all cities in the country, providing the best 3D stereo vision. Don’t worry about complex intersections. At the same time, it provides dual-screen interface display, which has fuzzy search, point of interest search and other methods in query, and supports handwritten input. Built-in 4G, supports TET card expansion

　　In addition to professional navigation functions, the Freelander D70 also offers a wide range of entertainment features, including MP4/AVI and other video formats. It also supports FM transmission, allowing car owners to play the car audio through the car radio with the car stereo. A variety of puzzle games are also installed in the machine.

　　Editor’s comment:Freelander D70 has a 7-inch high definition large screen display effect is good, while 500,000 fixed electronic eye data can ensure the safety of road warning, in the map upgrade, Freelander provides consumers with a lifetime free upgrade map and hardware three years quality assurance and other after-sales services.

　　DECZhongheng M7TV

　　Operating system: WinCE6.0

　　Positioning accuracy: 10m

　　Memory: 128M

　　Screen: 7-inch ultra-high definition touch screen, resolution 800 * 480

　　Map: Kailid 3D Real Map

　　DEC Zhongheng M7TV has excellent appearance and workmanship, and adopts the function of international first-class IML piano paint, while the 7-inch VGA ultra-high definition LCD touch screen has a resolution of 800 * 480 pixels, and implants 100Hz/120Hz double speed technology to completely bid farewell to the picture trailing phenomenon.

　　In terms of navigation, DEC Zhongheng M7TV adopts professional navigation maps, with detailed map information for large, medium and small cities. It supports real-life voice navigation and automatic smooth switching. The navigation information includes intersection turning prompts and point-to-point itinerary scheduling. Adopting the latest generation of SIRF star search navigation module in the United States, it can provide fast and accurate positioning, fast response, hot and cold start. At the same time, it has a built-in high-sensitivity GPS receiver group and antenna to accept satellite signals and locate faster and more accurately. Support personalized function settings, such as "multi-country voice settings, backlight adjustment, power management, coordinate adjustment, etc.".

　　Editor’s comment:The overall quality of DEC Zhongheng M7TV is good, whether it is navigation function, map information, etc., it is very powerful and complete. At the same time, DEC Zhongheng M7TV also tailor-made FM FM transmission function for the car, which can quickly and easily realize the connection between the digital player and the car stereo. And supports Bluetooth function and wireless reversing rear view

　　HUAFENG e LH700

　　Operating system: WinCE6.0

　　Memory: 128M

　　Screen: 7-inch high definition LCD touch screen, resolution 800 * 480

　　Map: Daodaotong 3D Real Map

　　The 7-inch TET large screen of the Huafeng e-Luhang LH700 gives people the feeling that it is first and foremost atmospheric and decent, with a resolution of 800 x 480 allowing navigation information to be clearly displayed.

　　In the navigation function, the first efficient positioning star search makes it only 13 seconds to complete the positioning when entering the navigation. On speed-limited sections, schools, traffic lights, and accident-prone sections, its fixed electronic data can be broadcast in advance to effectively avoid fines. And its unique Eagle Eye function allows car owners to grasp the itinerary in advance and modify the route in time. Daodaotong 3D real map provides a rich real map for Huafeng e-LH700, making it more three-dimensional and intuitive during navigation.

　　At the same time, Huafeng e-Luhang LH700 also supports MP3, video playback, FM transmission, e-book and other entertainment functions.

　　Editor’s comment:Huafeng e-Luhang LH700 has a lot of user-friendly design in function, such as its intelligent switch function, when the car starts, it will turn on the navigation, turn off the flame and automatically switch to power-saving sleep mode. In terms of after-sales services, Huafeng e-Luhang’s E-baby service center, which can solve various problems online, and there are more than 300 joint insurance points across the country to provide consumers with perfect services for purchasing machines.

guideThe car has lost more than 110 billion in 5 years.

Source |Hengda Automobile Announcement, Financial World, Securities Times, Daily Economic News

According to Hengda Automobile’s announcement, Newton Group’s strategic investment has been terminated, and the company’s previously proposed transactions and amendments to the terms of the debt-to-equity swap have not made any further progress.

Evergrande Motor said that it will not hold a shareholders’ meeting for approval and will not publish any circulars relating to, among other things, the Special Mandate, the Newtown Group share purchase agreement, the proposed transaction, the wash waiver, the proposed amendment, the debt-for-equity subscription agreement, the offset agreement and the debt-for-equity swap. The company will no longer issue further monthly announcements on the proposed transaction and the progress of the debt-for-equity swap.

As the Share Subscription is no longer in progress, the Subscriber is under no obligation under Rule 26 of the Takeovers Code to make an unconditional mandatory general offer in respect of all outstanding Shares which it and persons acting in concert with it have not yet owned or consented to acquire. The Company will not apply to the Executive for his consent to the Special Deal.

In August 2023, Hengda Auto and strategic investor Newton Group signed an agreement. The main content of Newton Group’s share purchase agreement is that Newton Group implements a strategic investment of about 500 million US dollars in Hengda Auto and provides 600 million yuan in transition funds; the debt-to-equity swap agreement means that Hengda Group, Xu Jiayin and other creditors offset the 20.895 billion Hong Kong dollar debt owed by Hengda Auto by subscribing for new shares of Hengda Auto. Assuming that the debt-to-equity swap of new energy vehicles is completed and followed by the completion of the subscription of new energy vehicle shares, China Evergrande’s shareholding ratio in Evergrande Automobile will be diluted to about 46.86%, Evergrande New Energy Automobile will no longer be a non-wholly-owned subsidiary of China Evergrande, and its financial performance will no longer be comprehensively accounted for in China Evergrande’s performance.

In October 2023, the transaction was suspended, and Evergrande announced that Newton Group had suspended the implementation of relevant obligations in the share purchase agreement. The change in the transaction was directly related to the exposure of "Xu Jiayin was subject to coercive measures" at that time, which interrupted the process of Hengda’s dollar debt restructuring, which in turn caused Hengda to fail to meet the pre-conditions of the transaction.

In January 2024, Evergrande announced that the Newtown Group’s share purchase agreement and the company’s debt-for-equity swap subscription agreement for Evergrande had expired on December 31, 2023. At that time, Evergrande responded that the parties to the Newtown Group’s share purchase agreement and debt-for-equity swap subscription agreement, as well as certain stakeholders, have been and will continue to negotiate amendments to certain key terms of the proposed transaction and debt-for-equity swap. The company will make monthly announcements until it announces its exact intention to proceed with the proposed transaction and debt-for-equity swap or decides not to proceed with the proposed transaction and debt-for-equity swap.

Evergrande’s "life-saving money"

Newton Group’s strategic investment in Hengda Automobile is regarded by public opinion as "life-saving money" for Hengda Automobile.

On August 14, 2023, Hengda Automobile announced that it received the first strategic investment of 500 million US dollars from the listed company Newton Group (NWTN.US), which is held by the sovereign fund of the United Arab Emirates, and another 600 million yuan of RMB transition funds will be received one after another 5 working days after the announcement.

The proposed transaction between the two parties is expected to close in the fourth quarter of 2023. Upon completion of the transaction, Newton Group’s shareholding ratio in Evergrande will account for 27.5% of the total number of issued ordinary shares after the expansion.

However, the deal is subject to 19 preconditions, including the entry into force of the China Evergrande workout and the absence of material adverse events.

The car has lost more than 110 billion in 5 years

According to Hengda Automobile previously disclosed that all the funds invested in this war will be used for Hengda Automobile’s Tianjin factory to ensure the normal production of Hengchi 5 and the successive mass production of Hengchi 6 and 7. In addition, Newton Group will also assist Hengda Automobile to develop overseas markets and achieve the annual export of 30,000-50,000 Hengchi vehicles to the Middle East.

In 2023, Hengda’s total revenue is 1.34 billion yuan, of which more than 1.10 billion yuan comes from property sales, accounting for more than 90% of the overall revenue.

Hengda Automobile lost 11.995 billion yuan last year (27.664 billion yuan in 2022). Statistics show that Hengda Automobile has been building cars for 5 years, with a cumulative loss of 110.841 billion yuan and a cumulative delivery of 1389 units.

As of the end of last year, Hengda’s total assets 34.851 billion yuan; total liabilities 72.543 billion yuan, of which, loans 26.484 billion yuan, trade and other payables 43.012 billion yuan, other liabilities 3.047 billion yuan.

As of the end of last year, Hengda Automobile was involved in the outstanding debts of about 9.447 billion yuan; on December 31, 2023, the group’s overdue commercial tickets accumulated about 3.401 billion yuan. In addition, the number of pending proceedings with a target amount of more than 30 million yuan totaled 68 pieces, and the total amount of the target amount totaled about 13.608 billion yuan.