面对"高速变龟速"的全民吐槽，交通部门也不是没动过脑筋。去年试点的"潮汐车道"和"动态限流"确实 让局部路段提速15%，但架不住全国人民的出行热情。就像试图用汤勺舀干长江水，这工程量想想都头 大。 有意思的是，汽车租赁市场却在这股洪流中异军突起。某租车平台数据显示，节假日订单量暴涨 400%，老板们乐得合不拢嘴："这哪是租车？分明是给客人发移动休息室！"有精明的车主甚至开发 出"代堵"服务——您坐高铁潇洒去，我帮您把车开出堵车区。 前方三公里拥堵，预计通行时间2小时28分钟。"导航机械的播报声里，老王看着仪表盘上闪烁的油表 灯，终于理解什么叫"免费的才是最贵的"。这个国庆假期，他第7次刷新了个人高速憋尿时长纪录。 每逢佳节倍堵车，这话真不是说着玩的。交通运输部最新数据显示，今年五一期间全国高速车流总量突 破3.2亿辆次，相当于把整个欧洲的汽车都搬上了中国高速。有网友戏称："这哪是高速公路？分明是全 民参与的汽车耐力锦标赛！" （此处加粗）重点来了：政策制定者其实早算过一笔经济账。免去的通行费每年约250亿元，但因此带 动的旅游消费高达1.3万亿，相当于每免1元过路费就能撬动52元消费。就像老话说的"放长线钓大 ...

Group 1 - Tianjin Youxing Xingchi Enterprise Management Partnership (Limited Partnership) has been established with a capital contribution of 35 million yuan [1] - The executive partner is Tianjin Geely Youxing Technology Co., Ltd., which is a subsidiary of Cao Cao Mobility [1] - The business scope includes enterprise management and small micro passenger vehicle leasing services [1] Group 2 - The partnership is co-funded by Tianjin Geely Youxing Technology Co., Ltd. and Tianjin Youcheng Zhichain Investment Partnership (Limited Partnership) [1]

Group 1 - Shenzhou Car Rental (00699.HK) announced that the transaction agreement with Jinggangshan Beiqi has been terminated due to failure to complete the deal before the final delivery date [1] - Amber Gem indicated that the transaction under the agreement signed with Jinggangshan Beiqi on July 24, 2020, may not proceed as certain conditions precedent have not been met [1] - Shenzhou Youche informed the board that it has signed a new agreement with Indigo Glamour on November 10, 2020, for the sale of 443 million shares at a price of HKD 4.0 per share, representing a 24% premium over the closing price on October 10 [1] Group 2 - Indigo Glamour is a limited liability company registered under Cayman Islands law and is wholly owned by MBK Partners Fund IV, which is a private investment fund [2] - As of the announcement date, Shenzhou Youche holds approximately 20.86% of the total issued share capital through its subsidiaries after the sale of shares [2] - Amber Gem holds approximately 14.75% of the total issued share capital in 313 million shares as of the announcement date [2]

Core Viewpoint - The voluntary cash acquisition offer for Shenzhou Car Rental has officially commenced, with MBK Partners' Indigo Glamour Company Limited initiating the process after meeting all preconditions [1] Group 1: Acquisition Details - The acceptance period for the offer runs from February 1 to February 22, with a mandatory acquisition threshold set at 90% of the shares within four months if accepted [1] - MBK Partners currently holds 47.44% of Shenzhou Car Rental's shares, including a 20.86% acquisition from Shenzhou Youche and agreements with Lenovo Holdings for an additional 26.56% [1] Group 2: Potential Benefits of Acceptance - The acquisition is expected to accelerate Shenzhou Car Rental's recovery from challenges faced due to intensified competition and adverse events like the Luckin Coffee scandal and the COVID-19 pandemic [3] - MBK Partners, managing over $23 billion, has a strong track record and experience in the automotive rental market, which could lead to significant business integration opportunities [3] - A successful privatization would stabilize the shareholding structure, enhancing strategic and management decision-making consistency [3] Group 3: Attractive Exit for Existing Shareholders - The low liquidity of Shenzhou Car Rental's shares, averaging only 0.54% of total shares traded over the last six months, makes the acquisition offer an appealing exit strategy for minority shareholders [4] - The offer price of HKD 4 per share represents a 17.99% premium over the last trading day price and a 52.17% premium over the average price of the last 30 trading days [4] Group 4: Risks for Non-Accepting Shareholders - Non-accepting shareholders may face uncertainties in short-term operations, with the ongoing pandemic potentially hindering recovery in public travel demand [7] - The risk of increased opportunity costs and potential long-term suspension of trading exists if the public shareholding falls below 21.6% after the offer period [8] Conclusion - The privatization offer from MBK Partners aligns with the interests of shareholders and is likely to succeed, raising questions about the future dynamics in the car rental industry post-privatization [10]

Core Viewpoint - The acquisition of Shenzhou Car Rental by MBK Partners marks a significant shift in the domestic car rental market, with expectations for improved operational stability and growth potential under new ownership [1][2][12]. Group 1: Acquisition Details - On January 31, Indigo Glamour Company Limited, a wholly-owned subsidiary of MBK Partners, announced a conditional voluntary cash offer to acquire all issued shares of Shenzhou Car Rental [1]. - The offer period runs from February 1 to February 22, with a share price of HKD 4, representing a premium of approximately 17.99% over the last trading day [11]. Group 2: Market Context - Shenzhou Car Rental has been under pressure due to the pandemic and competition, with a significant drop in demand and operational challenges [2][5]. - The company has a leading market position, holding 40%-45% of the short-term rental market share, but faces increasing competition from new entrants and alternative transportation options [8][10]. Group 3: Financial Performance - In 2020, Shenzhou Car Rental reported a free cash flow inflow of CNY 1.932 billion, a 329% increase year-on-year, indicating effective cash flow management despite operational pressures [5]. - The company is facing upcoming bond maturities, including a USD 300 million bond due on February 11, 2021, and a CNY 750 million bond due on April 4, 2021, highlighting the need for improved liquidity [7]. Group 4: Strategic Implications - The entry of MBK Partners is expected to enhance Shenzhou Car Rental's financing capabilities and operational efficiency, providing necessary capital for growth and innovation [7][10][12]. - The partnership is anticipated to stabilize the company's equity structure and improve investor confidence, potentially leading to better ratings from third-party agencies [11][12]. Group 5: Future Outlook - The collaboration between Shenzhou Car Rental and MBK Partners is seen as a strategic fit, with expectations for innovation and industry consolidation in the evolving car rental market [10][14]. - The ongoing transformation towards electrification and smart technologies in the automotive industry presents new investment opportunities, positioning leading companies for future success [14].

Core Viewpoint - The unconditional offer from Indigo Glamour Company Limited for Shenzhou Car Rental has been confirmed, with a deadline for acceptance set for March 4, indicating a clear opportunity for rational investors to accept the offer promptly [1][8]. Group 1: Offer Details - The offer became unconditional on February 18, 2020, and must remain open for acceptance for at least 14 days, leading to a closing date of March 4, 2020 [1]. - The offer price is set at 4 HKD per share, representing a premium of approximately 17.99% over the last trading day's closing price of 3.39 HKD and a premium of about 52.17% over the average closing price of 2.63 HKD over the last 30 trading days [3]. Group 2: Investor Options - Small and medium investors face three main choices: accept the offer, sell shares in the secondary market, or retain some shares [2][3]. - Given the low liquidity of Shenzhou Car Rental's shares, with an average trading volume of only 11,513,872 shares, or about 0.54% of the total issued shares, selling in the secondary market is not a viable option [3]. Group 3: Company Performance - Shenzhou Car Rental has faced significant challenges, including intensified competition in the car rental industry and adverse impacts from events like the Luckin Coffee scandal and the COVID-19 pandemic, leading to a substantial decline in stock price [5][6]. - In the first half of 2020, the company reported total revenue of 1.8068 billion CNY, a year-on-year decrease of 37.2%, with a net loss of 4.338 billion CNY compared to a net profit of 279 million CNY in the same period of 2019 [5][6]. Group 4: Market Outlook - The current market conditions and expectations suggest that accepting and facilitating the offer is the optimal solution for small and medium investors [8]. - The privatization process is nearing completion, and investors are encouraged to seize this opportunity to maximize their interests [8].

如今，随着理念的变化，消费的变迁，日本都市青年人却流行不买车。 在日本繁华的都市街头，汽车穿梭如织，其中有一道独特的风景，租车出行，正逐渐成为都市青年的主流选择。这股租车热潮，不仅改变了个人的出 行轨迹，更重塑了整个城市的交通生态。 城市消费出现新变化 相比之下，租车模式展现出极大的经济优势。短期租赁日均成本约3000日元，长期租赁（含维保）月均10-20万日元，费用灵活可控。租车还能规避 车辆折旧风险，车辆的价值不会随着时间的推移而大幅缩水，让年轻人无需为资产的贬值而担忧。这种"按需付费"的模式，完美契合了年轻人追求"轻资 产"的消费逻辑，他们无需一次性投入大量资金，也无需为低频使用的车辆支付高昂的维护成本，真正实现了资源的高效利用。 以往，汽车对于"70后"而言，是成年礼的象征，拥有一辆汽车意味着步入了成人世界，代表着成功与地位。然而，时过境迁，这种观念在"Z世代"中 已逐渐式微。如今的年轻一代，更加关注汽车的工具属性，它只是一种实现移动的手段，而非身份的象征。调查显示，仅18%的日本青年认同"有车代表 成功"，超60%的年轻人认为"租车可满足多样化需求，无需为低频使用付费"。这种认知的转变，标志着汽车从 ...

Core Viewpoint - The necessity of additional insurance when renting a car is questioned, highlighting the distinction between the vehicle's inherent insurance and the supplementary insurance offered by rental companies [2][3]. Group 1: Insurance Types - All motor vehicles are required by law to have compulsory traffic accident liability insurance, which primarily covers third-party injuries and property damage [2]. - Rental companies typically provide basic commercial insurance, including third-party liability and vehicle damage insurance, but these do not cover all costs, often having deductibles or limits [2]. - Additional insurance options, such as waiver of deductible and theft coverage, are designed to fill the gaps left by basic insurance [2]. Group 2: Customer Experience - Rental companies recommend additional insurance to enhance customer peace of mind, allowing them to focus on the rental experience without worrying about minor costs in case of accidents [3]. - A specific case illustrates that purchasing additional insurance can prevent significant out-of-pocket expenses, as seen when a customer faced a 5,800 yuan windshield replacement cost that could have been covered by a 640 yuan additional insurance purchase [3]. Group 3: Consumer Guidance - Consumers are advised to carefully read the terms of additional insurance to ensure coverage includes specific damages and to be aware of exclusions [3]. - Legal advice emphasizes the importance of confirming the vehicle's insurance status before renting, insisting on written contracts, and verifying vehicle conditions to mitigate risks [4]. - The decision to purchase additional insurance ultimately depends on individual risk tolerance, driving skills, and risk assessment of the journey [4].

每经AI快讯，11月4日，赫兹租车美股盘前一度大涨超29%，现涨近17%。 ...

Core Points - A series of important national standards will be implemented starting in November, aimed at regulating emerging and future industries, creating a favorable consumer environment, and ensuring the safety of people's lives and property [3]. Group 1: Electric Vehicles - The national standard for electric vehicle battery swapping safety requirements for commercial vehicles (GB/T 40032.2-2025) specifies safety requirements unique to N1, N2, and N3 class battery-swapping commercial electric vehicles, with other types encouraged to follow [4]. - The implementation of this standard will promote the adoption of battery swapping models in the commercial vehicle sector, ensuring safe and reliable operation of electric commercial vehicles and fostering the healthy development of the battery swapping industry [5]. Group 2: Construction Materials - The mandatory national standard for building waterproof coatings (GB 45671-2025) outlines safety technical requirements such as combustion performance, flash point, and harmful substance limits [6]. - This standard's implementation will help ensure the quality of construction projects, protect human health and environmental safety, and further guide the industry's green and high-quality development [7]. Group 3: Electrical Products - The recommended national standard for household and similar use plug sockets with USB power (GB/T 2099.31-2025) sets safety and electromagnetic compatibility requirements [8]. - The implementation of this standard will guide consumers in the safe use of USB power sockets, promote technological advancement in the power socket industry, and enhance product quality and competitiveness [9]. Group 4: Home Appliances - The recommended national standard for electric oil heaters (GB/T 28199-2025) defines terms, classifications, requirements, inspection rules, labeling, packaging, transportation, and storage requirements for household and similar use electric oil heaters [10][11]. - This standard will provide a more comprehensive and reliable technical basis for testing electric oil heater products, promoting technological progress in this sector [12]. Group 5: Personal Care Products - The recommended national standards for toothbrushes include general requirements and testing methods for manual toothbrushes (GB/T 19342—2024) and performance testing methods for electric toothbrushes (GB/T 45637-2025) [14][15]. - The implementation of these standards will further improve the standard system in the toothbrush sector, enhance product quality, and better meet market demands [16]. Group 6: Automotive Services - The recommended national standard for car rental services (GB/T 29911-2025) outlines overall requirements for small and micro passenger car rental services, including requirements for operators, vehicles, service personnel, service processes, rental platforms, and service quality management [17][18]. - The implementation of this standard will standardize operational behaviors in the car rental industry, improve service levels, and lead to high-quality development in the sector [19]. Group 7: Data Security - The recommended national standard for data security concerning sensitive personal information processing (GB/T 45574-2025) establishes general and specific security requirements for handling sensitive personal information [20][21]. - The implementation of this standard will provide technical support for regulating sensitive personal information processing and protecting the rights and interests of individuals [22]. Group 8: Civil Defense - The recommended national standard for the environmental hygiene of civil defense engineering during normal use (GB/T 17216-2025) specifies hygiene requirements applicable to civil defense projects used for accommodation and commercial purposes [23][24]. - The implementation of this standard will help create a healthy and hygienic environment for civil defense projects, preventing health risks [25]. Group 9: Fire Safety - The mandatory national standard for determining major fire hazards (GB 35181-2025) establishes rules for identifying significant fire hazards in buildings and locations [26][27]. - The implementation of this standard will aid in the timely identification and elimination of major fire hazards [28].