On September 26, the blue electric E5 PLUS officially opened the pre-sale, and launched two models in advance, with pre-sale prices of 109,800 yuan and 119,800 yuan respectively. The new car is positioned as a medium-sized SUV, and has two space layouts of 5-seat version and 7-seat version. It will also be equipped with HUAWEI HiCar 4.0 intelligent technology cockpit.

The front of the car adopts a closed front grille exclusive to new energy vehicles, with a long and narrow LED daytime running light group, which has a high degree of recognition. The front surrounds the two sides with a longitudinal layout of the vent design, and the middle surrounds the trapezoidal heat dissipation port, which is matched with a normal and moderate overall.

The side of the car is outlined by double waist lines, showing a strong sense of power. In terms of wheels, the new car is equipped with 19-inch five-spoke wheels, which looks more fashionable. In terms of body size, the length, width and height of the new car are 4760mm*1865mm*1710mm, and the wheelbase is 2785mm.

The rear shape is fuller, and it is equipped with the current popular through-type taillights, which echo the front of the car. In addition, the new car is also embellished with chrome trim in the rear surround to further enhance the sense of fashion.

The interior features a minimalist layout, a full LCD dashboard with a 15.6-inch floating central control screen, making it more technological. The new car has added hollow storage space under the center console. Placing everyday items is no problem. In terms of configuration, it is equipped with electric adjustment and ventilation heating of the main and auxiliary seats, 13 speakers, etc., and is equipped with a HUAWEI HiCar 4.0 smart technology cockpit.

The new car is equipped with Cyrus DE-i super electric hybrid system, of which the maximum power of the 1.5L engine is 70kW, the peak power of the motor is 160kW, the peak torque is 330N · m, and the zero-hundred acceleration only needs 7.8s. The power battery matches the lithium iron phosphate battery pack of Guoxuan Gaoke. In terms of battery life, the comprehensive battery life of the long-range version can reach 1300km. It is worth mentioning that the new car is also equipped with an FSD suspension adaptive adjustment system to improve vehicle stability and comfort. For more news about the new car, Car Quality Network will continue to pay attention and report.

[Autohome Baoding Promotional Channel] brings you the latest news. The high-profile model is going on an attractive promotion in Baoding. In order to give back to consumers for their support for the XC90, this discount range is as high as 174,900 yuan, bringing unprecedented benefits to the users of this luxury SUV. The original price of the XC90 started from 472,000, and now the minimum starting price has been reduced to a more competitive level. If you are interested in this luxury model, don’t miss this excellent time to reduce the price. Click "Chatti Car Price" in the quotation form below, let’s explore more preferential details and seize this car buying opportunity together!

With its distinctive design language, the Volvo XC90 exudes a strong sense of Scandinavian luxury. The front face features the family’s iconic Quake LED headlights, and the chrome-decorated straight waterfall air intake grille, which is both refined and powerful. The overall body lines are smooth and angular, showing the perfect fusion of stability and elegance, which brings visual enjoyment to the driver and passengers. The side profile of the body is full and the lines are simple, showing the style of a luxury SUV.

The Volvo XC90 stands out for its exquisite body design and elegant side lines. The body size is 4953mm*1958mm*1778mm and the wheelbase is 2984mm, providing ample protection for the interior space. The side lines are smooth and dynamic, showing the perfect combination of power and elegance. The front and rear wheels are equipped with 275/45 R20 tires, which not only ensure driving stability, but also the wheel design shows Volvo’s attention to detail and pursuit of quality.

The interior of the Volvo XC90 is exquisite and luxurious, reflecting the simplicity and practicality of Nordic design. The multi-function steering wheel wrapped in high-grade leather material not only feels comfortable, but also has manual up and down + front and rear adjustment functions, providing a good driving experience. The central 9-inch touch screen has an intuitive interface and supports automatic speech recognition, which is convenient for the driver to operate multimedia, navigation, telephone and air conditioning functions. The seats are equipped with luxury leather materials. The main and passenger seats support front and rear adjustment, backrest adjustment, high and low adjustment and waist support. The front seats also have an additional heating function to bring a comfortable riding environment for passengers. The driver’s seat with power seat memory function can be automatically adjusted according to personal habits, while the rear seat supports proportional reclining, and the flexible space layout adapts to a variety of loading needs.

The Volvo XC90 is powered by a 2.0T turbocharged engine with a maximum power output of 184 kilowatts. The engine also has a 250 horsepower specification, ensuring smooth performance in daily driving. It is matched with an 8-speed automatic transmission, which further optimizes the power transmission and driving experience.

Overall, the Autohome owner’s evaluation of the Volvo XC90 is full of recognition of brand trust and practical experience. He particularly emphasizes the safety performance and exterior design of the vehicle, believing that these factors not only give him the confidence to drive, but also win the attention of many pedestrians on the road. Therefore, the Volvo XC90 is undoubtedly a reliable choice for consumers who pursue a high-quality and safe driving experience.

Welcome to the Autohome Chengdu promotion channel to bring you the latest and most affordable car purchase information. Currently, the high-profile luxury SUV is undergoing an unprecedented price reduction in the Chengdu market. The maximum discount is as high as 151,900 yuan, making this high-end model that originally started at 480,900 yuan now has a more attractive price. For consumers who are interested in buying an Audi Q7, this is undoubtedly a car purchase opportunity not to be missed. If you are interested in the Audi Q7, be sure to click "Chatti Car Price" in the quotation form below to seize the opportunity of this price reduction and strive for better car purchase conditions.

The exterior design of the Audi Q7 shows the perfect blend of luxury and power. The front face features Audi’s signature hexagonal air intake grille, with sharp LED headlight sets, giving a strong visual impact. The body lines are smooth, showing an elegant sports posture. The overall style is atmospheric without losing refinement, showing the Audi brand’s attention to detail. At the same time, the proportion of the body is coordinated to strengthen the sense of stability of the vehicle, which can attract people’s attention whether in urban streets or suburban roads.

The Audi Q7 stands out for its atmospheric body size, with a length of 5077mm, a width of 1970mm, a height of 1715mm, and a wheelbase of 2999mm, creating a spacious and comfortable interior space. The side lines are smooth and powerful, outlining an elegant sense of movement. The front and rear wheels are equipped with 285/40 R21 tires, and the unique wheel design not only guarantees driving performance, but also enhances the overall visual effect.

The Audi Q7’s interior is designed with elegance and attention to detail, highlighting the luxury texture. The steering wheel is made of leather, providing the flexibility of manual up and down + front and rear adjustment and electric up and rear adjustment, ensuring the comfort and convenience of the driver. The center console is equipped with a 10.1-inch high definition touch screen, which integrates multimedia systems, navigation, phone and air conditioning control functions, making it easy and intelligent to operate. The seats are made of imitation leather and leather materials, and the main and passenger seats are equipped with 4-way adjustment, including front and rear, backrest, high and low and waist support, providing passengers with a full range of comfort. In addition, the front seats also support heating and ventilation, and the driver’s seat also has a power seat memory function, which enhances the ride comfort. The second row of seats can be adjusted with backrests and support proportional reclining to adapt to the needs of different occasions. The overall interior design combines practicality and luxury to create a high-class and warm driving environment.

The Audi Q7 is powered by a 2.0T turbocharged engine with a maximum power output of 195 kW and 265 horsepower. This engine is perfectly matched with an 8-speed automatic transmission, providing a strong torque performance, with a maximum torque of 370 Nm, ensuring that the driver can enjoy a smooth and dynamic driving experience in all road conditions.

Overall, the Audi Q7 has won high praise from Autohome owners for its domineering appearance and unique headlight design. He said that driving this car is like driving a flowing light and shadow, showing strength and dignity. For consumers seeking both driving pleasure and practical value, the Audi Q7 is undoubtedly a reliable choice. Its excellent lighting effects and the muscle lines of the body undoubtedly enhance the driver’s aura on the road.

139,800, bought a nearly 5 meters, loss of fuel consumption 3.4L/100km plug-in hybrid car.

What level?

The days are not allowed to pass the level of joint ventures.

Tonight, the two leopards are listed, the seal 07 DM-i is priced at 139,800 yuan – 195,800 yuan, and the 2025 seal is priced at 175,800 yuan – 239,800 yuan.

For this price, we will analyze it one by one.

Let’s start with the SEAL 07 DM-i, the first medium and large car with the fifth-generation DM technology, with the highest thermal efficiency of 46.06% in the world. Under NEDC conditions, the fuel consumption is as low as 3.4L/100km.

As soon as these numbers come out, you can intuitively feel the level of energy consumption.

There are also all series standard streamer gray interior color scheme and real aluminum trim upgrade, all series standard DiPilot intelligent driving assistance system, all series is equipped with up to 13 airbags, more than 26 items of all series standard, really do the entry is high.

On the model, push the 70km small battery version to lower the starting price and 139,800.

This price is also the price of the top version of Qin L. The lower purchase threshold and the "no discount" configuration can also show the sincerity.

In addition, this time also provides a 1.5T version, which is also the first product of the fifth generation DM with a T, which is more powerful and can also achieve a tank of oil from Shenzhen to Beijing.

Seal 07 DM-i, the main one, there is always one that suits you.

Overall, with low energy consumption, full configuration, comfort, and a wide selection of models, the SEAL 07 DM-i does have a popular physique.

Another car, the 2025 Seal, is the all-electric version, which is even heavier.

E platform 3.0 EVO is built, a true 800V platform, the charging power of the third-party charging pile is full, the speed is fast without picking the pile, and the high-speed energy consumption is lower.

The size is the same as the old model, and it is slightly larger than the Model 3.

The interior has a floating central control screen to increase the size, and is also equipped with panoramic canopy electric sunshade, steering wheel heating, car fragrance, W-HUD head-up display and other configurations, and the whole system is equipped with car ETC, 13 airbags, etc. CLTC pure electric battery life has 510/600/650km three options.

The most crucial thing is that the 2025 Seal is equipped with 1,200V silicon carbide electronic control, using the highest speed motor in the world at 23,000 rpm, with a top speed of 240km/h, which can be called the "fastest" BYD.

What is the concept of 23,000 rpm?

Previously, this record was Huawei’s motor, which reached 22,000rpm. The V6 series motor of Xiaomi SU7 was 21,000rpm.

At the same time, the 2025 Seal is also equipped with the "Eye of the Gods" high-end intelligent driver assistance system – DiPilot 300, which can theoretically reach the same level of intelligent driving as the Denza N7.

What city pilot, automatic lane change/overtaking, automatic emergency braking, traffic lights start and stop, automatic up and down ramps, vehicle active avoidance, Yunying-C intelligent damping body control system, valet parking, all of these are available.

After I look at it, who still says that BYD doesn’t have intelligent driving?

In general, the price of SEAL 07 DM-i is 139,800 yuan, which is equivalent to the price of SEAL 06 DM-i. The starting price of the 2025 SEAL 175,800 is also cheaper than the current one, which is equivalent to adding and reducing the price.

Economy and a sense of high value are the two core demands of mid-sized car consumers, and they are also the value of "Leopard".

This time "Shuangbao" went public, relying on BYD’s multi-faceted advantages in core technology, cost control and system scale, it completed two new technology upgrades of e-platform 3.0 Evo and fifth-generation DM, and gave users the greatest value satisfaction in terms of quality, space, comfort and intelligence.

It seems that the "Double Leopard" wave has to sell out again.

1905 movie network news "It’s actually a pink pure love movie, and even the ultimate trailer this time is sweet!" The movie "Embroidery Spring Knife 2", which will be released nationwide on July 19, held a premiere press conference in Beijing on the 16th, and released the ultimate trailer, but the star Yang Mi described the movie as such, which is very surprising. No suspense, no brain burn, are you such a pink movie, it seems that we all misunderstood.

On the same day, director Lu Yang brought Zhang Zhen, Yang Mi, Lei Jiayin, Xin Zhilei, Li Yuan, Yuan Wenkang and others to the scene. Li Dongxue, the star of the previous film, and Tan Weiwei, the singer of the theme song, also appeared. This weekend, "Embroidery Spring Knife 2" also opened a thousand screenings in nearly 60 cities across the country to build momentum for the film.

In 2014, the national public screening had a lot of reputation, and it was even called the biggest dark horse of the year in the industry. After three years, "Embroidery Spring Sword Shura Battlefield" went to war in the rivers and lakes again, and it was not released first, and it was unexpectedly announced that it would be released nationwide for 23 days, which also set a new record in the history of Chinese film. Although everything seemed very hasty, the film was "forced" to be released after only two press conferences from May to now, but the director Lu Yang did not object to this. "The producers and supervisors of our film are awesome, and they always pay attention to the dynamics of the summer film. This three-week file increase is also decided by the producer and the publicizer. I think it is very good!"

Lu Yang revealed that "Embroidery Knife 2" is actually a prequel to the previous story, but it is more like a new story in a parallel space. Judging from the final trailer of "Embroidery Knife · Shura Battlefield" exposed at the press conference, the film still continues Lu Yang’s usual style, with cold fights, exquisite costume props, and more importantly, heart-wrenching feelings and righteousness integrated into it. It seems that this is still a suspenseful and brain-burning, interlocking realistic story.

However, the star Yang Mi insisted that "Embroidery Knife 2 is a pink pure love movie", which was surprising. The stars also revealed their roles and plots in the way of "showing their cards" that day. Zhang Zhen and Yang Mi made their debut with "Power Refinement CP", and the trump cards of "K and Q of Hearts" also revealed that the two’s emotions in "Embroidery Knife 2" will run through. They are in the eye of crisis and conspiracy, and their feelings are heating up step by step, and the crisis is approaching step by step. It is reported that there is a larger faction behind Yang Mi’s role in Beizhai, which also makes Yang Mi lose his head again: "Beizhai is going to do big things!"

For the role, Yang Mi used "pink, sweet, romantic" to describe it, and said, "In the movie, Zhang Zhen and I are not just children’s affairs." Zhang Zhen used "torn, suppressed, and tolerated" to summarize his role as Shen Lian. Even more at the scene, he teased Yang Mi with his eyes, and the POSE, who was full of chivalrous and tender feelings between the two, laughed frequently.

Seeing that Zhang Zhen was "robbed", Lei Jiayin, who joined "Embroidery Spring Knife 2" this time, admitted that he and Zhang Zhen were "in love and killing each other". He revealed that "my character is bad and cute, and I am also a foodie." In the movie, Lei Jiayin also contracted all the laughs of the film. Recently, Lei Jiayin, who was labeled "bad man" for the hit drama "My First Half of Life", admitted that he would use "Embroidery Spring Knife 2" to turn his image around. "I hope everyone will go into the cinema to support" Embroidery Spring Knife 2 ". I believe I can also reverse my scum image because of this!"

　

It is worth mentioning that "Embroidery Spring Knife 2" is the first work of Bad Monkey Film’s "72 Change Film Project". It is written by Chen Shu, Lu Yang and Yu Yang. Lu Yang and Ning Hao "combine two knives". The film also brings together Zhang Zhen, Yang Mi, Zhang Yi, Lei Jiayin, Xin Zhilei, Jin Shijie and many other actors. The movie "Embroidery Spring Knife · Shura Battlefield" will be officially released nationwide on July 19.

1905 movie network news A few days ago, the 26th Beijing TV Show Fair in 2020 was held online from April 26th to 30th, with a total of 720 TV dramas and online dramas participating, including many recent high-profile hit episodes.

The medical drama "Thank You Doctor" starring by and starring is quite high-profile. The drama tells the story of Bai Ju, the male protagonist of cold talk and young words, meeting "Lonely Beauty" Xiao Yan. The two emergency ICU doctors work together to protect the last door of life, experience thrilling and profound healing journeys, and create miracles of life again and again. The drama is co-produced by Jiaxing Media and Wanda Cinemas, and is adapted from Shengli’s novel "ICU 48 Hours".

The urban emotional drama "Dear Yourself" is created by and led by, telling the story of urban youth struggling to change and grow under the siege of career, family, love and other realities, and finally finding a suitable lifestyle for themselves. It is reported that the drama has a total of 30 episodes and started in October 2019. It has been completed in Shanghai a few days ago and is expected to be broadcast within the year.

The TV series "Long Song Xing" once "dominated" the top of the hot search list on the day it started, and its popularity was high. This ancient costume historical drama starring He was adapted from Xia Da’s award-winning comic of the same name. The plot combines teenage blood and family feelings. It was launched in Hengdian on March 30 and is currently being filmed.

The long-awaited "Trumpeter in Place" finally has a new development! China’s first Rocket Army-themed TV drama also appeared on the list of this spring fair. The drama is based on Feng Jie’s novel "Beautiful: Graduated, Go to the Soldier". It is co-starred by Chen Xingxu, Chen Xingxu, and others. It has been completed in Qingdao in January this year and is currently on the air.

Starring the suspense drama "Antique Bureau Middle Bureau: Ink Search for Porcelain" is also on the list. The drama is directed by, directed by, and adapted from the work of the same name. It is expected to be broadcast exclusively on video websites within the year.

In addition to the above five popular works, there are many good dramas on the way in the future: the new drama "Citizen" starring in the centenary of the founding of the party, the drama "New Song" adapted from the novel of Ayue, "Don’t Say Goodbye", "Love Haute Couture", "Heavy Fire on the Moon"… Which one are you most looking forward to?

　　[Autohome domestic spy photos] At the launch conference of Jietu Shanhai L9 on the evening of November 14, Jietu revealed that it will launch 8 new hybrid products in the next 2 years, including Shanhai L7. Recently, we saw the declaration map of Shanhai L7 at MIIT, which is a plug-in hybrid medium-sized SUV.

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　　Friendly reminder:I hope that enthusiastic netizens can take pictures of the new car spy photos you found and send them to our corresponding mailbox: diezhao@autohome.com.cn, looking forward to hearing from you and becoming a member of the "spy".

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　　In terms of appearance, the new car basically continues the design idea of Jietu fuel models. The new blackened middle net adopts a dot matrix layout, with deep headlights and large lenticular headlights. Daytime running lights are also designed at the fog lamps on both sides.

　　In terms of body size, the length, width and height of the new car are 4760 (4785)/1900/1720mm, and the wheelbase is 2720 (2745) mm. The new car will offer a 5-seat version and a 7-seat version, depending on the version, the size will also vary.

　　The rear of the vehicle is still a familiar through-type taillight, with a Jietu brand logo in the center. The Shanhai brand will be Chery’s new energy brand, so its tail label is named Shanhai L7 C-DM, which comes from Chery’s Kunpeng plug-in hybrid power.

　　In terms of power, the Shanhai L7 gasoline engine is equipped with a 1.5T turbocharged engine with a maximum power of 115 kilowatts. It is equipped with a ternary lithium battery from Guoxuan Gaoke and has a maximum speed of 180km/h. At present, no more parameter information of this model has been exposed. (Text/Autohome Qin Chao)

1905 movie network news Recently, led by the director,,, starring, Ma Yuke,,,, He Xinlin, the official start of the friendship. The film tells the story of the black and white gangs that have been rampant for many years, due to the sudden appearance of a mysterious person, the power structure they have painstakingly managed has collapsed.

At the opening ceremony of the film, the film director Ma Yuke made an appearance with a group of main creators, starring tough guys gathered "Ruthless Overflow".

　

The confrontation between good and evil creates a "new order" Zhang Jiahui Ruan Jingtian King Continent’s first contest in the same frame

The film revolves around the establishment of a "new order": for many years, the Hongtai Group, which is secretly engaged in criminal activities such as human body trading, has been disturbed by the sudden appearance of the mysterious man Chen An (Zhang Jiahui, played). The police Mai Langwen (Ruan Jingtian, played) and Hong Tai’s subordinate Ma Wenkang (Wang Continental, played) are ordered by their respective superiors to launch an investigation. For a time, many forces are intertwined. The old and new order are violent, and it is still unknown who will die. A competition to break the dark order is imminent. The film integrates a variety of action elements such as gunfights, hand-to-hand combat, and car chases. On the basis of the exciting plot, it will also present highly impactful action scenes. The "ruthlessness" is full of adrenaline, and it will definitely bring the audience an "enjoyable" and "enjoyable" viewing experience.

In the movie "New Order", Zhang Jiahui, Ruan Jingtian, and Wang Continental, three tough guys, were in the same frame for the first time. The competition between men and the fight between fists and meat is bound to burst with hormones. Zhang Jiahui has created many classic characters in the film, and with the title of "Best Actor", Chen An, who starred as a mystery in "New Order" this time, believes that his expertise in crime genres and fierce fighting scenes will once again set off expectations.

Ruan Jingtian played the police officer Mai Langwen in the movie with a tough wrist and a fierce and decisive style, which injected more suspense into the movie. Wang Continental played Ma Wenkang, a gangster in the movie. He has also challenged many difficult action scenes in his previous screen works, which is enjoyable and shows his unique side of a hot-blooded tough guy. I believe that the cooperation of the three actors will definitely collide with different screen sparks.

　

Tough guys gather to detonate the screen "crime movie" strength team to create absolute ferocity

In addition to the three leading actors, the film also invited Qin Pei, Ma Yuke, Lian Kai, and a group of powerful "drama bones" actors. Their deeply rooted screen characters and audience friends are like family treasures, which can be called "all ruthless people". This super lineup will surely dedicate a wonderful acting battle to the audience.

It is worth mentioning that this film is also the first attempt of actor Ma Yuke to transform into a director. As a powerful actor who has been in the film industry for more than ten years, Ma Yuke is good at thinking about the characters from all angles, from the psychology of the characters to the outside, so that he can accurately grasp the "soul" of the characters. This change of identity, I believe that the director will present his excavation and thinking of each character in the story to the audience brilliantly.

At the same time, the film also gathers a strong behind-the-scenes team. Shin Jae-myung, a well-known Korean action director who directed "Despicable Streets" and "Friends", joined this time to create a unique violent aesthetic for this film. The representative work of the director of photography, with his solid basic skills and shooting experience in action film photography, will definitely add a lot to the language of the film’s lens. The creative art design of the film’s art director Yang Wei in the film has opened the eyes of countless audiences. With his keen insight and bold creation, the styling director Bai Yiting draws design inspiration from the characters and actors. Each character in his masterpiece is flexible, vivid and memorable, which also makes people look forward to the styling of the tough guys in this film. The editing of this film is led by many excellent crime films, and its representative works are all the favorites of crime action film fans. Under the escort of the quality of such a hard-core team, it is inevitable to create a "cool enough" crime action film for the audience.

In the past, there were many TV series that were quite classic. When it came to the role of the overbearing president, the first thing that came to my mind must be Mingdao. When the idol drama was still very popular in Taiwan, I really liked Mingdao TV series. "Prince Turns into a Frog" is a classic in my heart. Every time it sounds in my mind "I am destined to see clearly", it always flashes with Shan Junhao’s appearance, which is really handsome.

After "The Prince Turns into a Frog", he completely entered the pit of Mingdao. Then he watched his performances in "The Wedding Dress of Heaven", "Star Apple Paradise", "Love Mage" and "Sakurano 3 Plus 1". With the filter of Mingdao’s "Overbearing Prince", I think the dramas are quite good.

However, with the development of the times, the idol drama gradually withdrew from the sight of the audience, and the audience gradually forgot about Ming Dao. Sometimes the entertainment industry is indeed quite cruel. If you don’t show up, the audience will not always wait for you. Because more overbearing presidents appeared, slowly replacing the "overbearing prince". After that, although Ming Dao also starred in TV series or movies, there were basically very few who came out of the circle.

When Ming Dao was on a variety show, he said that he hadn’t filmed for a long time. Maybe it’s a little sad to say, obviously he was such a popular person back then, but now he may only have seen "Shan Junhao", and he still remembers him. Ming Dao was also a male god in everyone’s heart at the beginning, and Ming Dao was basically a relatively low-key person. It is reported that he is running a company, and it is quite good. Acting is not necessarily the only way out, it is also quite a good hobby.

When Ming Dao was the most popular, it was probably when he announced that he had a child. At this time, everyone remembered that the male gods they liked back then were all married, and we had all grown up. Ming Dao returned to the public’s field of vision with "Chasing Light! Brother", and after the "Prince" filter was removed, Ming Dao’s initial stage only left the word "greasy".

Ming Dao was not very successful in "Chasing the Light! Brother", and he did not even stand on the stage of the finals. Ming Dao also joined a boy band at the beginning, that is, "183club". At the beginning, with the broadcast of "Prince Turns Frog", some of their songs were popular, but unfortunately the group disbanded in 2008.

Ming Dao now has a TV series on the air, which is "Perfect Him". This is a TV series starring He Luoluo of R1SE. The paths of R1SE members are basically the same, and many members have been arranged to act. Ming Dao played a domineering president in "Perfect Him", and yes, Ming Dao played the role of Boss Ba again. But this time the role of Boss Ba does not seem to be as pleasant as "Frog Prince".

Ming Dao’s character, Xu Guanghan, is a perfectionist who doesn’t like the color of his secretary’s lipstick. The secretary says, "Why not now," and the secretary immediately takes out a tissue to wipe off his lipstick. During dinner in the dining hall, because some employees didn’t greet him, they were about to be fired. The secretary said that he would not see them tomorrow. Xu Guanghan’s classic line appeared again, "Why not now". Because the flowers in the vase had already bloomed, Xu Guanghan had to throw them away and replace them with fake flowers. It has to be said that being Xu Guanghan’s secretary is too hard.

Such a perfectionist CEO’s demeanor seems to be "sick" in the eyes of the public. And many people said that Mingdao’s CEO this time is a little greasy, and the editor thinks it’s okay, what do you think?

Responsible editor:

　　"The international gold price continues to hit a record high" on the hot search, with the soaring gold price, the investment boss who laid out it made a lot of money. Bridgewater (China) Investment’s three products are heavily invested in gold ETFs, with a total of 181.90 million fund shares; tens of billions of private high-tech assets Deng Xiaofeng’s two products hold () 699 million shares, and the company’s share price has risen by more than 40.53% this year.

　　For the "skyrocketing" gold price and gold stocks, can the market continue and will there be a main upswing? A number of institutions have released the latest research and opinions.

　　() believes that gold stands at the starting point of the medium and long-term bull market, and the elasticity of gold stocks is about 2.23 times that of gold prices. National Gold Securities believes that it is expected that the Federal Reserve will release a "easing signal" in Q2, which will become the starting point for the rising wave of gold stocks. In addition, a number of private equity companies believe that multiple positive resonance, the metal attributes of resource products are activated, and the consumption of non-ferrous commodities is expected to drive the bulls of commodities and start a wave of "periodic table" markets.

　　Bridgewater (China) Investment’s three products are heavily invested in gold ETFs

　　Since the beginning of this year, gold seems to have escaped the "gravity", and the price of gold has continuously refreshed historical highs, making gold stocks ETFs popular with market funds. On April 3, after the opening of the gold stocks ETF (159562) under China Asset Management was delayed by an hour, there was another violent increase until the daily limit. The ETF has risen by the limit for three consecutive days, and the premium rate is as high as 30%, setting a record.

　　Gold stocks ETFs are highly speculated by the market and cannot be separated from the rapid rise in gold prices. Since April, gold prices have continued to refresh historical highs. From the perspective of international gold prices, as of the morning of April 6, Beijing time, the gold futures contract for June settlement on the New York Mercantile Exchange closed at $2349.1/ounce, up 1.76% on the day. London spot gold closed at $2329.57/ounce, an increase of 1.77%. International gold prices continued to hit a record high, rising 13% during the year.

　　The soaring price of gold has also made the investment boss in the layout earn a lot of money. Foreign private equity Bridge Water (China) investment has a "soft spot" for gold. According to private placement network data, Bridge Water (China) investment’s three products are heavily invested in gold ETFs, totaling 181.90 million fund shares.

　　Specifically, Bridgewater’s all-weather enhanced China Private Offering Fund No. 2 holds shares of Bosera Gold ETF and E Fund Gold ETF. Bridgewater’s all-weather enhanced China Private Offering Fund No. 3 holds shares of three ETF products including Bosera Gold ETF, Huaan Gold Easy ETF and E Fund Gold ETF. Bridgewater’s all-weather enhanced China Private Offering Fund No. 1 holds shares of Bosera Gold ETF and E Fund Gold ETF.

　　For the "skyrocketing" gold price, Soochow Securities Research Report believes that gold usually declines three months before interest rate cuts. Therefore, as the interest rate cut cycle approaches, a pullback in gold will be highly likely. If you refer to the experience of gold standing at $1,000/ounce in 2009, 20% may be a hurdle, which also means that there may be some pullback pressure near $2,400/ounce.

　　"Torrential" gold stocks ushered in the main wave?

　　Regarding the "skyrocketing" gold price, Tianfeng Securities Research Report believes that gold is standing at the starting point of the medium and long-term bull market. Looking at the big cycle, it is most likely that it is in the middle and early stages of the gold bull market. There are favorable factors such as interest rate cut expectations, high inflation, and a downward dollar index on the macro level. Looking at the small cycle, the US dollar and US bond yields are declining, and the real interest rate may enter a downward cycle, superimposing the risk-off demand generated by geopolitics. Gold is currently in the middle of the rising stage of the small cycle paradigm, gradually moving towards a new high. At the beginning of this round of gold’s rising cycle, the elasticity of gold stocks is about 2.23 times that of gold prices

　　The latest research report of Guojin Securities strongly recommends paying attention to the main rising wave of gold stocks. The research report believes that under the combined effect of factors such as the good performance of gold stocks in 1Q2024 and the "easing signal" released by the Federal Reserve, 2Q2024 will usher in the main rising wave of gold stocks. The current market value of gold stocks does not reflect the expectation of a rise in gold prices, and may make up for it in the future. Based on the dimension of the Federal Reserve’s first interest rate cut in June, Guojin Securities expects that the Federal Reserve will release a "easing signal" in Q2, which will become the starting point for the main rising wave of gold stocks.

　　Xu Zhiyun, a partner of Ruisheng Investment, told reporters that the current round of gold prices has long been out of the previous real interest rate framework. Behind it is the purchase behavior of global central banks, which is essentially distrust of the US dollar system, which has led to the return of gold to monetary attributes. The swing of the Federal Reserve’s interest rate cut expectations has a short-term disturbance to market confidence, but as long as the market still believes that interest rate cuts are only a matter of time and rhythm, the central bank’s continued purchase behavior of gold will not change, and the long-term upward price of precious metals, including resource goods, is supported.

　　It is worth noting that tens of billions of private high-tech assets Deng Xiaofeng in this wave of gold bull market made a lot of money, Deng Xiaofeng management of Gao Yi Xiaofeng No. 2 letter fund heavily held Zijin Mining 401.7775 million shares, Gao Yi Xiaofeng Hongyuan fund also held Zijin Mining 297.05 million shares at the end of the period, Deng Xiaofeng’s two products together held Zijin Mining 699 million shares. As of April 3, Zijin Mining shares rose more than 40.53% this year.

　　"Periodic Table of Elements" market opens

　　Guangdong Xiaoyu Investment Li Shiyu told reporters that a major reason for the recent strengthening of resource stocks is that the market expects the Federal Reserve to start cutting interest rates this year. Secondly, due to geopolitical friction and risk impact, gold prices have been on the rise this year, and international gold prices have continued to hit record highs, which has also stimulated the price performance of other related resource products. The performance of gold prices is currently desensitizing interest rate hikes, and many historical trends have proved that the continuous rise of gold prices to new highs is the leading signal of a bull market in commodities.

　　Li Shiyu said that the Federal Reserve’s interest rate hike cycle will eventually end this year. Although there are "twists and turns", it will not affect the start of the interest rate cut cycle in 2024. The weak expectation of the US dollar will stimulate the "financial attributes" of non-ferrous metals. Coupled with the recovery of domestic and foreign demand, the PMI will rebound beyond expectations, which will greatly promote the consumption growth of non-ferrous commodities and is expected to start a new round of demand for some resource commodities.

　　Xu Zhiyun told reporters that the trend of the resource sector is strong, corresponding to the overall rise in the prices of important commodities such as gold, copper, and oil. The first is that the financial attributes of resource commodities are being fully activated. The market expects that the world will end the rapid interest rate hikes of the past two years and enter the interest rate cut cycle. In addition, the liquidity of the sky is still there, and resource commodities that are still at a low level compared with other major assets will be favored. As the commodity with the strongest financial attributes, gold prices continue to brush out record highs is a sign that financial attributes have been activated. Optimistic about the future rise of resource commodities, which is currently a rising dessert area, but we should also pay attention to the rhythm of surfing. Precious metal prices can be used as a leading indicator

　　Chen Hongbing, chairperson of Anhui Meitong Asset, told reporters that the recent strengthening of non-ferrous metals such as gold, copper and aluminum, the first is the expectation of the Federal Reserve to cut interest rates. Historically, the Federal Reserve has officially entered the interest rate reduction cycle, and the price of gold has a very high probability of rising during this period; secondly, the shortage of supply and demand! For example, the production reduction/shutdown of overseas copper mines will reduce the output of global copper concentrates by about 400,000 tons in 2024, and the expectation of market supply balance will be completely reversed into a shortage. Under the expectation of overseas interest rate cuts, the manufacturing industry is expected to recover, and the global resonance replenishment pool has completely fermented the market’s logic for copper supply problems. The logic of aluminum is similar. On the demand side, the industry has entered the traditional peak season

　　Ma Cheng, chairperson of Shenzhen Juze Investment, said that the recent performance of resource stocks is strong, first of all, the market estimates that the Federal Reserve will cut interest rates in the second quarter in the future, and commodity prices are expected to rise; second, the latest domestic PMI in March reached 50.8%, the data exceeded expectations, and the economy returned to the expansion range, which means that our country’s economy has recovered rapidly and is expected to drive resource commodity prices; third, the recent deterioration of the situation in the Middle East has stimulated the sharp rise in international crude oil prices and gold prices.

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