Core Viewpoint - Mango Super Media reported a decline in both revenue and profit for the year, with membership business being the main revenue driver, but continuous declines in advertising and operator business, along with significant fluctuations in net profit, overshadowed the financial results [2][4]. Revenue Performance - In 2024, Mango Super Media achieved revenue of 14.08 billion yuan, a year-on-year decrease of 3.75%, with internet video business revenue at 10.179 billion yuan, down 4.1% [4][8]. - Membership revenue surpassed 5 billion yuan for the first time, reaching 5.148 billion yuan, a growth of 19.3%, accounting for over 50% of internet video business revenue [4][5]. - Advertising revenue was 3.438 billion yuan, down 2.7%, marking the third consecutive year of decline [4][5][7]. - Operator business revenue fell sharply by 42% to 1.593 billion yuan, primarily due to regulatory changes affecting IPTV [7][8]. Profitability - The net profit attributable to shareholders dropped by 61.63% to 1.363 billion yuan, largely due to changes in corporate income tax policy [8][10]. - Excluding tax policy impacts, the adjusted net profit still declined by 2.99%, indicating ongoing pressure on core business operations [8][10]. - The gross margin for internet video business decreased to 35.33%, down 5.98% from the previous year, contributing to an overall slight decline in gross margin from 33% to 29% [8][9]. Cash Flow and Executive Compensation - Operating cash flow turned negative at -25.18 million yuan in 2024, compared to a positive 1.084 billion yuan in 2023, attributed to increased content investment [9][10]. - Total compensation for directors, supervisors, and senior management decreased to 24.4352 million yuan in 2024, down nearly 30% from previous years [2][10].

Group 1 - Avita Technology announced the launch of the Avita 11 smart luxury SUV, available in both range-extended and pure electric versions, with a starting price of 289,900 yuan [1] - The entire Avita 11 lineup features Huawei's top-tier three-laser intelligent driving assistance system and the HarmonyOS 4-based smart cockpit [1] - The Avita 11 Max range-extended version offers a CLTC pure electric range of 225 km and a comprehensive range of 1,065 km, with a fuel consumption of 6.2 L/100 km [1] Group 2 - The Avita 11 officially introduced its first performance-tuned model, the Night Knight version, featuring a matte gray exterior and Burgundy red interior [2] - The Night Knight version is equipped with a high-performance KONI suspension system, which includes a wide adaptive damping technology and supports 20 levels of continuous adjustment [2] - The KONI suspension system enhances driving stability and comfort by dynamically responding to road conditions in milliseconds [2]

Core Insights - Dongfeng's new models, the Lorenz M900 Starship and the Dragon Armor Extended Edition, were officially launched and delivered at the Shanghai Auto Show, with prices starting at 1.288 million yuan and 1.098 million yuan respectively, and global limits of 66 and 199 units [1][2] Group 1 - The Lorenz M900 Starship features a design inspired by interstellar travel, with an interior influenced by "aerospace culture" and incorporates three major Eastern elements: "fighter," "dragon scales," and "sky" [1] - The vehicle offers a "2+2" Gulfstream custom cabin layout with 245mm of second-row knee space, zero-gravity aviation seats with 16-way electric adjustment, three massage modes, and a one-button reclining function [1] - The vehicle is equipped with a 14.6-inch HD curved screen and a smart onboard refrigerator capable of storing at -10°C [1] Group 2 - The Dragon Armor Extended Edition is a collaboration with the movie "Operation Dragon," featuring a spacious second-row cabin and a soft covering area of nearly 50 square meters, with over 95% leather coverage [2] - The vehicle offers a full-service customization team for personalized design, allowing users to select details such as leather texture and stitching color, with options for materials like turquoise and obsidian [2] - Both models are powered by a system combining three motors and an extender, achieving a maximum power of 600kW and a wheel-side torque of 12,938 N·m, with advanced safety features including a high-strength material coverage of 85% and a torsional stiffness of 11,180 Nm/° [2]

文|新浪科技 罗宁 "刹不住的车不配叫性能车！" "操控跟不上马力，就是马路杀手！" ………… 支持国产豪车的"韭菜"们 今年2月，吉利旗下豪华汽车品牌莲花推出了两款新品——ELETRE"夏花"和EMEYA"繁花"，起售价分 别由老款的 72.8万元和66.8万元降到了54.8万元和52.8万元，这一举动让曾花费近百万元提车不久的老 车主们难以接受，吐槽愈演愈烈。 莲花官方随即发布"致车主的一封信"，回应了关于降价、车型中文名不好等诸多问题，时任莲花中国区 总裁毛京波在公开信中表示，"我们意识到与用户的前置沟通做得不到位，对此我们深表歉意。" 但没有更多实质性的补偿却让老车主们再次"火冒三丈"，不久毛京波小红书账号注销，本人也从莲花中 国总裁调任莲花科技CSO，这被认为是官方面对老车主"要求毛京波下课"的一种回应。 时间已经过去两个月，仍有不少老车主对此事怨声载道。车主白告诉新浪科技，自己去年7月提车，过 完年就被莲花官方"背刺"，直接损失20余万。他表示，自己在购车时，销售明确提到"公司CEO说不会 降价"，但随着官宣降价之后，再找销售询问时，该销售已经辞职。"落地93万的车，半年时间只要70万 了，而且新 ...

而在辅助驾驶上，深蓝S09未来将搭载华为乾崑智驾辅助ADS 4，实现"全时速、全方向、全目标、全天 候、全场景"的"全维安全"能力，除此以外，华为乾崑智驾ADS的"车位到车位"功能，截至6月底将支持 全国超30万个停车场，泊车代驾VPD功能将在全国覆盖超10万个停车场。 责任编辑：张恒星 内饰方面，深蓝S09拥有前排双15.6英寸连屏，以及43寸AR-HUD抬头显示，前排座椅支持按摩、加 热、通风等功能，后排则配备21.4英寸娱乐屏。深蓝S09还配备了10L移动真冰箱，解决家庭出行中的冷 饮、热饮储存需求。 在上海车展上，华为发布了华为乾崑智驾ADS 4、华为鸿蒙座舱HarmonySpace 5、华为HUAWEI XMC 数字底盘引擎等全新解决方案。深蓝S09携手华为乾崑智驾进行了深度合作。华为智能汽车解决方案BU CEO靳玉志介绍说，首先，深蓝S09成为了首批搭载华为鸿蒙座舱HarmonySpace 5的车型，首发六大主 题风格（风景、宇宙、植物、抽象、动物、艺术）。采用全新混合大模型Agent架构的鸿蒙座舱 HarmonySpace 5，将通用大模型的能力与音乐、影视等领域的AI能力进行整合，影视空间聚合 ...

【直击车展 | #日产高管称必须跟上中国速度#，把产品研发周期缩短至24个月内】2025上海车展期间， 日产汽车举行媒体沟通会，日产中国管理委员会主席、东风汽车有限公司总裁马智欣，日产汽车公司执 行高管、东风汽车有限公司副总裁、东风日产乘用车公司总经理关口勋，日产汽车公司执行高管阿方索 ·阿尔拜萨，日产（中国）投资有限公司总经理泉信吉，郑州日产汽车有限公司执行副总经理毛力民与 媒体对话，解读日产汽车在中国市场的发展战略。 2024年12月，日产汽车宣布了新的管理层团队成员任命，原首席财务官马智欣出任日产中国管理委员会 主席，主要负责制定符合中国市场的长期战略，并提升本地的运营。 "这次回归中国市场，为的是尽我所能，让日产的中国业务能够重回正轨，也可以将中国这么好的产 品、科技带给全球。"日产中国管理委员会主席、东风汽车有限公司总裁马智欣说道。 他表示，日产在中国的战略是显而易见的，首先就是必须要推出更多的新能源车型。第二，就是要充分 利用中国市场领先的科技和资源优势，帮助日产开发更符合市场需求的产品。另外，日产在中国是已完 成全价值链布局的企业，"与新势力品牌不同，我们拥有丰厚的历史积淀和技术传承，始终坚持长 ...

文 丨 新浪科技 周文猛 4月25日，于樱花之都武汉市举办的Create 2025百度AI开发者大会上，百度创始人、董事长兼CEO李彦 宏发表了他2025年的首场个人演讲。 长达一个小时的分享中，"应用才是王者""DeepSeek不是万能的""成本下降""智能体协同""MCP"等词汇 高频出现，串联起了他对于AI应用以及模型发展的思考以及洞见，同时也巧妙地给自家产品进行了带 货。 以下，新浪科技梳理了本场大会李彦宏重点提及的6大核心观点，供读者参考。 "模型会有很多，但应用才是王者" 过去一年，伴随模型降价以及DeepSeek横空出世并开源，越来越多人加入开发者队伍。但是，模型的 快速迭代，也正让开发者们变得焦虑，担心自己的模型选型出错导致开发的应用很快过时，进而失去价 值。 对此，李彦宏深表认同。不过他也进一步指出，"这么多日益强大的模型能力，其实也为开发者提供了 更多的选择，打开了更多的可能性，你只要找对场景，选对基础模型，会调模型，做出来的应用就不会 过时。" 在李彦宏看来，应用才是真正创造价值的，没有应用，芯片、模型都没有价值。"模型会有很多，但未 来真正统治这个世界的是应用，应用才是王者。" 在他看 ...

Core Viewpoint - Changan Automobile is committed to accelerating its globalization strategy while ensuring the safety and standardization of its intelligent driving technologies, emphasizing that safety should be the baseline for the development of intelligent vehicles [2][3][9]. Group 1: Globalization Strategy - Changan's overseas sales currently account for 20%, with only 1.7% of management personnel being overseas [7]. - The company aims to localize its operations in international markets, referring to its European operations as "European Changan" to enhance competitiveness against established global players [2][7]. - A significant change in strategy involves sending leaders to overseas markets for extended periods to better understand local conditions and needs [7][22]. Group 2: Intelligent Driving and Safety - Changan supports the standardization of intelligent driving technologies and believes that establishing standards will promote healthier development rather than hinder progress [2][8]. - The company emphasizes that enterprises should not exaggerate the capabilities of intelligent driving systems and must focus on safety as a fundamental responsibility [2][6]. Group 3: Impact of US-China Trade Relations - The ongoing US-China trade tensions pose challenges for the automotive industry, potentially increasing costs by billions for some companies [3][9]. - However, Changan is less affected as it does not have significant operations in the US, viewing it primarily as a research direction for future entry [3][9]. Group 4: Strategic Partnerships - Changan's collaboration with Huawei is deepening, transitioning from a technical partnership to a broader engagement that includes user insights, product definition, and marketing services [4][15]. - Huawei has integrated over 300 personnel into Changan's Avita brand to assist in developing future flagship models [4][15]. Group 5: Innovation and Long-term Strategy - Changan's long-term strategy is rooted in innovation and adaptability, with a focus on combining national interests with corporate goals [10][12]. - The company is committed to investing significantly in research and development, with over 10 billion annually, to ensure alignment with national needs and technological advancements [10][12]. Group 6: Market Positioning and Product Strategy - Changan is exploring new technology trends, including flying cars and robotics, to position itself for future opportunities [16]. - The company recognizes the need for a diversified product strategy that includes both electric and hybrid vehicles to meet varying consumer demands [17][20]. Group 7: Challenges and Opportunities in International Markets - Changan aims to create globally recognized classic products while ensuring sustainable development in overseas markets [19][22]. - The company is focused on understanding local market dynamics and making meaningful contributions to the economies where it operates [22].

专题：聚焦2025上海车展 他表示，日产在中国拥有充足的资金支持各项运营，包括产品研发，特别是新能源产品研发、销售网络 和客户服务。未来3年，日产汽车在华合资企业东风日产计划投入100亿元用于新能源研发，并扩建技术 中心以容纳4000名员工。 "在中国，必须要保持中国节奏，我们把产品研发的周期缩短至24个月内，确保产品持续超越客户的期 待。我们在'中国速度'上采取了很多创新的方法，我们高度认可本地研发团队的能力，充分授权本地研 发团队主导车型开发，我们不会牺牲安全，'中国速度'是建立在日产质量安全标准之下实现的突破。" 新浪科技讯 4月25日晚间消息，2025上海车展期间，日产汽车举行媒体沟通会，日产中国管理委员会主 席、东风汽车有限公司总裁马智欣，日产汽车公司执行高管、东风汽车有限公司副总裁、东风日产乘用 车公司总经理关口勋，日产汽车公司执行高管阿方索·阿尔拜萨，日产（中国）投资有限公司总经理泉 信吉，郑州日产汽车有限公司执行副总经理毛力民与媒体对话，解读日产汽车在中国市场的发展战略。 2024年12月，日产汽车宣布了新的管理层团队成员任命，原首席财务官马智欣出任日产中国管理委员会 主席，主要负责制定符合中 ...

新浪科技讯 4月25日下午消息，2025上海车展期间，比亚迪集团品牌及公关处总经理李云飞与新浪科技 在内的媒体对话，谈及了比亚迪在智驾、出海、高端化等方面的布局。 谈智驾：宣传收紧对行业发展是好事 近日，工信部发文称，要求汽车生产企业明确系统功能边界和安全响应措施，禁止夸大和虚假宣传，这 被外界解读为收紧智驾相关的宣传。李云飞认为，长远来看这对行业发展是好事。 他举例，此前电动车一旦有极端事件，消费者会认为是电动车不安全；而近期一些车企出现智驾安全事 故，也会让外界认为是智能车存在问题。尤其是行业存在一些导向不好的智驾宣传，也是对消费者的不 负责任。因此有关部门对智驾宣传的指导和规范，对于提升安全意识、推动智能化健康发展是好 事。"最近智驾也不是冷下来了，只是阶段性的，大家要再夯实一下。" 他认为，比亚迪在智驾方面最大的优势是数据，搭载L2及以上车辆已超440万辆，这些数据是最宝贵的 财富。比亚迪还拥有5000多名智驾工程师，这些能够保证比亚迪的智驾水平是靠谱的、领先的，技术是 好的；另外，比亚迪还拥有全球最大的新能源汽车产销规模，能够保证价格是亲民的。 李云飞认为，与营销相比，产品永远是第一位的。不要营销过 ...