Evergrande suspended trading to disclose the latest news.

On January 29, China Evergrande announced that the Hong Kong High Court had issued an order for China Evergrande to be liquidated.

Among them, Edward Simon Middleton and Huang Yongshi of Anmai Consultants Limited were appointed by the High Court of Hong Kong as joint and separate liquidators of China Evergrande.

According to public information, Edward Simon Middleton and Huang Yongshi have extensive experience in company liquidation, having served as liquidators for Genting Hong Kong, Baitian Oil, and Crown Global Group.

China Evergrande said trading in its shares had been suspended since 10.18am on January 29 and would remain suspended until further notice.

Afterwards, Hengda Group CEO Sean responded to the media by saying that the subject of the overseas liquidation order issued by the court was China Evergrande, which was listed in Hong Kong. At present, the management and operation system of Hengda Group and other domestic and foreign subsidiaries as independent legal entities remains unchanged. The group will still make every effort to ensure the stability of its domestic business and operations, steadily advance key work such as guaranteeing the delivery of buildings, and maintain the quality of property services. It will still make every effort to ensure the smooth progress of risk resolution and asset disposal. It will still try its best to advance all work fairly in accordance with the law.

Evergrande liquidators surface

China Evergrande announced that Hengda had previously submitted petitions to China Evergrande on multiple occasions and postponed the hearing of the petition. On January 29, the Hong Kong High Court issued an order for China Evergrande to be liquidated.

Edward Simon Middleton and Wong Wing Sze of Anmai Consultants Limited were appointed by the High Court as joint and separate liquidators of China Evergrande.

It is reported that Anmai Consultants Limited is a private professional services organization that provides corporate consulting, business performance improvement, and restructuring, turnaround and bankruptcy services. The liquidators, Wong Wing-shih and Edward Simon Middleton, have extensive experience in company liquidation, having served as liquidators of Genting Hong Kong, Baitian Oil, Crown Global Group, etc. According to public information, on January 26, Wong Wing-shih and Edward Simon Middleton were appointed by the High Court of Hong Kong as joint and separate liquidators of Tengbang Holdings.

According to Hong Kong media reports, Huang Yongshi said that his team will make every effort to maintain the continuous operation of the group’s business, and the priority is to retain, restructure or continue to operate Evergrande’s business as much as possible. It will systematically retain the value of Evergrande, so as to increase the chances of creditors and other stakeholders to obtain repayment.

She said that within the framework of this liquidation process, the team will consider any possible restructuring options, and Anmai will first meet with Evergrande’s management to understand the group’s situation and discuss the next steps.

Huang Yongshi stressed that the liquidation order issued by the High Court is only for the parent company China Evergrande Group, and the liquidator will not have a direct impact on the operation of the group’s subsidiaries, especially the subsidiaries operating in the Chinese mainland, which will not be affected by the liquidation.

Yan Yuejin, Chief Research Officer of E-House Research Institute, told reporters that logically, liquidation means that the company stops operating. But given the characteristics of the mainland real estate market, it is expected to follow two lines. That is, at the same time as the liquidation, Evergrande’s property protection work still needs to be advanced, and it is expected that local governments will coordinate and coordinate.

Evergrande continues to suspend trading, the president responds

On January 29, after China Evergrande was exposed to a liquidation order issued by the court, three Hengda companies, China Evergrande, Hengda Property and Hengda Automobile, announced a suspension of trading during the trading session.

Before the suspension, China Evergrande reported HK $0.163/share, down 20.87%; Hengda Property reported HK $0.39/share, down 2.5%; Hengda Automobile reported HK $0.229/share, down 18.21%.

China Evergrande said it would continue to suspend trading until further notice.

On June 27, 2022, Top Shine Global Limited of Intershore Consult (Samoa) Limited (Jiasheng Global) filed a winding-up petition to China Evergrande, involving the amount of financial obligations of China Evergrande for HK $862.50 million, the petitioner was represented by Lian Haomin, and subsequently, China Evergrande submitted up to 8 applications for extension of the petition hearing until January 29, when the court issued a winding-up order.

In an interview with 21st Century afterward, Mr. Shawn, Evergrande’s chief executive, said: "Today’s court ruling is contrary to our original intention, and we can only say that we have done our best and are very sorry."

Sean said that next, the group will face difficulties and problems, take all legal compliance measures, under the premise of protecting the legitimate rights and interests of domestic and foreign creditors, steadily promote the normal operation of the group’s business, and will also actively communicate with the liquidator, cooperate with the liquidator in accordance with the law to perform relevant procedures, according to international practices, market rules to promote debt resolution and other work.

Sean also stressed that the subject of the overseas liquidation order issued by the court this time is China Evergrande, which is listed in Hong Kong. At present, the management and operation system of Evergrande Group and other domestic and foreign subsidiaries as independent legal entities remains unchanged. The group will still make every effort to ensure the stability of its domestic business and operations, steadily advance key tasks such as guaranteeing the delivery of buildings, and maintain the quality of property services. It will still make every effort to ensure the smooth progress of risk resolution and asset disposal. It will still try its best to advance all work fairly in accordance with the law.

Editor in Charge: Tactical Heng

Proofreading: Gao Yuan

　　At 2:9 on June 25, our country successfully launched the 46th Beidou navigation satellite with the Long March 3B carrier rocket at the Xichang Satellite Launch Center.

　　The satellite is the 21st networking satellite of the Beidou-3 system and the second satellite in tilted geosynchronous orbit. After a series of in-orbit tests, the satellite will network with the 20 Beidou-3 satellites previously launched to provide timely services and further enhance the coverage and service performance of the Beidou system.

　　As a resounding calling card of our country’s independent innovation, China’s Beidou is deploying the "big chess game" of global navigation at a leading speed.

　　In the context of the deployment of constellations with single-orbit satellites by GPS in the United States, Glonass in Russia, and Galileo in Europe, Beidou from China is unique in using three kinds of orbiting satellites to form a hybrid navigation constellation, contributing Chinese wisdom and Chinese solutions to the international satellite navigation technology system. What are the mysteries of Beidou’s "chessboard"? The reporter walked into the five colleges of the Aerospace Science and Technology Group, known as the "base camp of Beidou", to find out.

　　Three types of "chess pieces" in China’s Beidou chess game

　　So far, Beidou-3 has successfully launched 21 satellites, including 18 MEO satellites (medium circular orbit satellites), which are called "Mengxing" by netizens because of their small and flexible English abbreviation; 1 GEO satellite (geostationary orbit satellite), which is called "Jixing" by Beidou people; and two IGSO satellites (tilted geostationary orbit satellites), which are called "Aixing" by Beidou people.

　　Like chess pieces on a criss-crossing chessboard, these three types of satellites hold their posts in different orbits –

　　"Moe Star" is the main force of the global network, running around the earth tirelessly, making its own under-star trajectory constantly draw wavy lines in order to cover a wider area of the world; "Ji Xing" always moves with the rotation of the earth, in order to always focus on the motherland; "Love Star" is like a hard-working bee, making its under-star trajectory always focus on the Asia-Pacific region and dance the figure of eight.

　　The 46th Beidou navigation satellite launched this time is the second "love star" of the Beidou-3 system.

　　These three types of "chess pieces" with outstanding achievements are not the first time they have joined forces in the Beidou No. 3 system. They have jointly displayed "Chinese kung fu" in the Beidou No. 2 system, but their respective job responsibilities have changed.

　　Based on the national conditions, not blindly seeking success

　　It is not difficult to see that to undertake the task of global networking, it is enough to have "Moe Star", why should "Love Star" and "Ji Xing" be pulled into the team?

　　To answer this question, we have to start with the debate about the direction and route at the beginning of Beidou.

　　What kind of path does China’s navigation satellite take? Is it a step-by-step step to global networking, or a small step and a phased leap? In the fierce collision of ideas, opinions gradually tend to favor the latter.

　　Academician Fan Benyao, chief designer of the Beidou-1 satellite, who participated in the discussion of the technical route, said: "It took a lot of time and money to build the system so large [global networking] at one time. At that time, the reform and opening up had just begun, and the users were concentrated in the domestic and surrounding areas of our country. Therefore, the technical approach of’regional first, global later ‘is very correct, in line with China’s national conditions and has Chinese characteristics."

　　China-Asia-Pacific-Global, the three-step route determines the pattern of Beidou. In the first two steps, Beidou needs to lock in China and the Asia-Pacific region to provide services, "Jixing" and "Aixing" obviously have more advantages, while "Moe Star" is not very economical, and many key technologies on "Moe Star" have not yet broken through. But we can’t completely give up "Moe Star", we must verify the technology through actual combat, after all, the final step is still to go global.

　　Therefore, for the first time, the Beidou people of the Five Academies have built the GEO/IGSO/MEO, that is, the hybrid constellation of "Jixing", "Aixing" and "Moe Xing", and built the Beidou-2 regional satellite navigation system that integrates basic navigation, location reporting and other services with the minimum number of satellites, becoming a model for the construction of regional satellite navigation systems in the world.

　　This kind of technical system can efficiently build a regional system and expand the global system at the same time. During the construction of the Beidou-2 system, a series of bottlenecks were gradually overcome through the launch and operation of four "Moe Stars" in orbit. Therefore, when Beidou started its global networking journey, the "Moe Star" who jumped into the main force was able to show its power.

　　However, at this time, the "auspicious star" and "love star" did not withdraw from the stage of history. The Beidou experts of the Five Academies told reporters that the Beidou constellation is a team, and the most emphasis is on complementary advantages and the overall best. The Beidou people fully considered the advantages of "auspicious star" and "love star", and designed a small number of positions for them, but their role is very critical. They not only undertake the "assist" responsibility of cooperating with "Moe Star" and significantly enhancing the overall technical indicators of Beidou No. 3, but also carry a lot of "artifacts" to expand and verify the road of Beidou in the future.

　　"This Beidou route and constellation design, which is full of the practical wisdom and pragmatism of the Chinese nation, has laid the most solid foundation for the country’s heavy weapons," the expert said.

　　Check the bottlenecks on the list one by one

　　In fact, if the intelligent plan design is not implemented in action, it is ultimately a blueprint. From design to completion, the most test of technical strength and perseverance. Since the Beidou No. 1 project was established in 1994, the Beidou people of the Five Courts have embarked on the long road of Beidou.

　　In order to build the world’s first hybrid constellation regional navigation satellite system, the Beidou-2 satellite system, the scientific research team from the Five Academies has broken through many key technologies such as hybrid navigation constellation design, high-stability signal broadcasting channel, active and passive positioning integration, and high-precision and high-stability thermal control of on-board atomic clocks. For the first time, three services of navigation and positioning, short message communication, and differential enhancement have been integrated. China’s Beidou has thus obtained (meaning the society – reporter’s note) a new skill-

　　"Jixing" and "Aixing" are a series of key technologies for high-precision navigation; the flexible and efficient spatial data management system of "Aixing" and "Mengxing" has improved the level of satellite information management and autonomous operation.

　　In the third step of entering the global network, China’s Beidou people have achieved the improvement and leap of our country’s navigation satellite capabilities: our country’s first full-truss satellite platform, bearing efficiency and other indicators have reached the international first-class level; for the first time, a unique new type of navigation signal broadcasting has been realized, which has greatly improved the user’s anti-jamming ability and ranging accuracy; breakthrough in multi-orbit hybrid constellation inter-satellite link technology to achieve "one-stop management" of navigation constellations; breakthrough in satellite independent health management technology, the number of unplanned interruptions of satellite signals has reached the international advanced navigation satellite service level.

　　As the bottlenecks on the list were ticked off one by one, China’s Beidou firmly grasped the core technology in its own hands and rushed out of Asia to the world.

　　One link is "twisted", one item after another is "broken".

　　On the Beidou Long March, the Chinese Beidou pioneered the management model of the aerospace project group, forming a new system exploration, key technology research, achievement transformation, talent training benign mechanism and complete scientific research supporting facilities, which strongly supported the batch production and intensive launch of Beidou satellites, and created the "China Speed" of constellation networking.

　　The shining constellation was created by China and will serve the world.

　　China Youth Daily · Zhongqing Online reporter, Qiu Chenhui, correspondent, Pan Chen, source: China Youth Daily

1905 movie network feature　 The movie is already the second collaboration between Yang Mi and Huo Jianhua. The last collaboration can be traced back to "Legend of Immortal Sword and Fairy Hero III" 8 years ago. When the old partner collaborates again, the state will naturally be smoother than the first cooperation. Of course, the more familiar you are, the less "mutual black". Before the interview, Xiao Dianjun first felt the "mutual black" competition between the two at the press conference. As soon as he took the stage, Huo Jianhua complained in the "real and fake Yang Mi" segment that the real Yang Mi was "too bad in shape"; when it came to the selfie session, Yang Mi "black" Huo Jianhua was a "veteran cadre" and "can’t use high technology (selfie stick) ".

　

The whole press conference became a "mutual confrontation" show between the two old friends in front of the media. Of course, this "black" did not end because of this, and from the beginning of the interview, the two began to "complain" to each other. Because the last interview ended early, before the interview, the staff came to greet the reporter first, and the two artists may come in later. Unexpectedly, Yang Mi came in soon and started to "complain" to the reporter that Huo Jianhua was too slow and had to touch up his makeup, which was really troublesome.

　

During the entire interview, Yang Mi and Huo Jianhua joked with each other from time to time, making the half-hour interview seem to be only ten minutes long. Sitting next to the two of you, I just want to say that your beloved Sister Mi has really good skin, and "veteran cadre" Hua’s eyelashes are really long!

　

Serious Face: Everyone works hard to make movies

　

In "Rescue Against Time," the characters of the two old partners in the film are not friendly. Yang Mi plays a single mother working in a research institute. In order to save her son kidnapped by Huo Jianhua, she keeps taking risks to use unfinished technology to return to the past, and finally has to fight against three selves who mutate in time travel.

　

For Yang Mi, the biggest challenge this time is to play the same person in three different situations in the movie. "At most, she has three people at the same time, and the three personalities are reversed. Although I am not asked to play three people at the same time in one day, you have to distinguish them clearly. Even if they are only one hour and 50 minutes apart, they experience different things at each stage."

　

"I personally like the last one (look)." When asked about the comparison between the three in the play and reality, Yang Mi would immediately respond, "It must be the most timid and the cutest one (the one closest to his personality in life)."

　

And Huo Jianhua plays a bad guy who wants to seize research materials from the research institute and kidnap the single mother’s child as a hostage. This is his first time playing a villain on the big screen, and the whole play has a lot of action scenes waiting for him to complete. "It’s also a challenging thing for me to keep my health and not get hurt." Plus this is a soft sci-fi movie, which also satisfies his desire to try different feelings.

Stills from the movie "Reverse Time Rescue"

Although the two joked with each other throughout the interview, they became serious when talking about the action scenes in the movie, praising each other as "desperately Saburo", and both chose to fight in person and punch to the flesh.

　

In the film, there is a chase scene that takes place in an abandoned building, which mainly shows the characters fighting wits and bravery. When Yang Mi talks about this scene, he immediately put away his joking expression for a second, "When filming that action scene, I think the most difficult thing is to climb the railing, it is three or four floors high, seven or eight meters high, and Huo Jianhua is not wearing Weiya. The two of us are chasing and climbing on the railing, and I have to kick him. So I think everyone is working very hard and working very hard to complete it."

Huo Jianhua did physical training for the movie in the early stage

The excellent action scenes of the two also made the producer Jackie Chan take the initiative to send Weibo to cheer on Yang Mi, praising her for really growing up. In fact, in the early stage of filming, they also made a lot of preparations. Huo Jianhua usually keeps exercising, but because the character himself has a background in special forces retirement this time, he also did some more professional training such as guns and fighting. For Yang Mi, who plays a scientific worker in the movie, in addition to doing more training in physical fitness, he will also let himself "try to find the state of a scientific worker".

The next page: Two people blackmail each other and break the news

In April, when listed car companies handed in their performance reports, Avita Technology, a new car manufacturer that has not yet been listed, became a dark horse that stood out.

On April 29, Changan Automobile (000625.SZ) released its 2022 quarterly report. The net profit attributable to shareholders of listed companies in the first quarter was 4.536 billion, an increase of 431% year-on-year. Changan Automobile’s net profit in the first quarter came from the sharp increase in ROI for Avita Technology. The announcement said that Avita Technology contributed 2.13 billion yuan to Changan Automobile’s net profit in the first quarter, accounting for nearly 50% of the entire Changan Automobile’s net profit in the first quarter. For the whole year of 2021, Changan Automobile’s net profit was 3.552 billion yuan.

As a rookie car manufacturer whose first model has not been officially released, Avita’s growth rate can be described as surprising to the market. On April 28, Avita announced that its latest valuation has increased to 6.26 billion yuan, which is the second time that Avita has disclosed its valuation to the market after disclosing 788.20 million yuan (based on the income method, the evaluation benchmark date is December 31, 2020) when it was first publicly listed on November 5, 2021. That is to say, in just over a year, Avita’s valuation has achieved a high-speed growth of nearly 7 times net increase.

The industry made a brief correction, but Avita bucked the trend upwards

In fact, from the perspective of capital markets, the current is not the best time for new car manufacturers. After two years of skyrocketing market value from 2020 to 2021, the entire market is gradually returning to rationality. For new car manufacturers, although the trend is still there, the valuation may be much lower than expected, especially in the case of a group listing, investors will be more stringent in the screening of companies.

Taking IPOs as an example, despite the unabated enthusiasm of new car manufacturers for IPOs, the feedback from capital markets has tended to calm down. Flush data shows that in the past six months (October 26, 2021 to April 25, 2022), 219 new shares have been listed, and as of April 25, 124 new shares have broken to varying degrees after listing, accounting for about 57%, including a number of automobile industry chain companies.

However, the short-term IPO cold does not affect the long-term growth demand of the downstream of new energy vehicles, nor does it hinder the enthusiasm of vehicle manufacturers. There are still a steady stream of new players pouring into the track and actively conducting capital operations. For example, on March 17, GAC Aian announced that it has completed a total of 2.566 billion yuan in financing, will start Aian’s shareholding system transformation and A round of financing in due course, and actively seek to spin off and list in the future. In the same month, Zero Run Auto submitted a listing application to the Hong Kong Stock Exchange, and Nezha Automobile, Weimar Automobile, Gahe Automobile and other new car-making forces in the second echelon of sales have all reported the news of listing in Hong Kong. In this regard, industry insiders believe that this is the current demand for new energy vehicles has not been fully met, and the development prospects of new car manufacturers are not only determined by the "window period" of capital.

Avita also seized the opportunity to develop against the trend in the industry correction tide. The significant increase in the valuation of Avita Technology this round stems from the inclusion of 2.42 billion yuan capital base after the first round of financing was completed on March 11, 2022, and based on the income method evaluation, the future sales and revenue expectations of Avita have been raised to a certain extent.

On March 29 this year, Avita officially completed the first round of strategic financing delivery and the change of industrial and commercial information. CATL also became the second largest shareholder of Avita Technology with a shareholding ratio of 23.99%. After the completion of the delivery, Avita Technology also officially changed from a holding subsidiary of Changan Automobile to an associate company, which will further enhance Avita Technology’s operational independence and accelerate the process of highly market-oriented operation.

The high contribution of Avita in this Changan Automobile Performance Report is another strong reassuring needle for the capital markets: the first model has not been officially launched, Avita has the ability to feed back the performance of Changan Automobile through itself, with the product landing, Avita’s valuation in the capital markets is expected to continue to rise.

Weta’s "product year" and "capital year"

The CHN cooperation model is without a doubt the greatest trump card that distinguishes Avita from other new car makers on the market.

Since its inception, Avita has aggregated the advantages of Changan Automobile, Huawei, and Ningde Times in the fields of vehicle R & D, intelligent manufacturing, smart vehicle solutions, and smart energy ecology to create the world’s leading intelligent electric vehicle technology platform CHN platform, and is committed to building a global brand in the high-end SEV field. As industry leaders, Changan Automobile, Huawei, and Ningde Times have assembled at the head of the industrial chain, leveraging their own advantages to complement each other and deeply bind to achieve the effect of 1 + 1 + 1 > 3.

Tan Benhong, chairperson and CEO of Avita Technology, said, "By joining hands with Changan Automobile, Huawei, and Ningde Times, Avita Technology has truly mastered the core capabilities of the SEV industry in the hands of the Chinese for the first time." As the first high-end SEV brand to come standard with Huawei HI (Huawei Inside) full-stack smart car solutions, the first product, Avita 11, has a leading edge in both Sandian and cockpit and intelligent driving. Avita 11 will be equipped with CATL’s new generation CTP ternary lithium battery pack, with a maximum range of more than 700km. It will be the first in the industry to apply a 750V high-voltage charging system, equipped with industry-leading super-sensing system + supercomputing platform, including 3 lidars, 6 millimeter-wave radars, 12 ultrasonic radars, 13 cameras, and 400Tops of high computing power, enabling high-level intelligent driving for complex urban road conditions.

Since the global launch of the brand in November last year, less than half a year has passed, Avita 11 has completed a series of tests such as extreme cold, entered the third round of trial production, and rolled out more than 100 test vehicles. It is understood that Avita is currently working with Huawei to actively implement the preparations for entering Huawei city stores, and plans to open the first store in the second quarter. This year, the sales network will be expanded to 100 cities, and mass production and mass delivery will be achieved within the year. Steady progress towards the medium and long-term strategy of four cars in four years.

Echoing the speed of product advancement, Avita’s layout in the capital markets is also accelerating. Previously, Changan Automobile had bluntly stated in the investor interaction that Avita has an independent listing plan, and recently Avita directly announced that it will open a round of financing in 2022.

If the temporary cooling of the new energy automobile industry once caused the market to have uncertainty about the future financing direction of new forces in car manufacturing, then the significant increase in the valuation of Avita has fully demonstrated the confidence of the capital markets in the long-term development of Avita, and also reflects the recognition of the pioneering CHN cooperation model.

From Avita, it is not difficult to see that the short-term pullback fluctuations of new energy do not affect the long-term development trend of the field, but rather urge investors to carefully select high-quality targets. Among them, factors such as the product strength and technological strength of new car manufacturers are important bases for capital evaluation, and this is where Avita’s confidence lies.

This year is Avita’s first product year, and it is also the new year of SEV with "new platform, large computing power, and efficient energy supplementation" as the three core characteristics. In the short term, Avita will efficiently promote the high-quality production and delivery of the first product within the year, accelerate the opening and completion of the A round of financing; in the medium and long term, emerging industry trends such as new energy vehicles are still completing the penetration rate, and Chinese companies are also attracting a larger share in the global division of labor. For Avita, which has the advantages of the CHN platform, the rapid growth in valuation is just the beginning.

Editor: Lu Jiangtao

　　Lynk & Co officially released the official picture of its Lynk & Co 06EM-P model. The new car is a plug-in version of Lynk & Co 06, positioning the new urban functional super-electric SUV. Lynk & Co 06 EM-P will be officially launched for the fourth time this year.

　　The front face of the new car is designed with a flat air intake grille, and the interior is decorated with a banner structure, which has a strong sense of hierarchy. The daytime running lights are similar in shape to Lynk & Co 08, located on both sides of the hood, and have a strong three-dimensional feel. The far and near lights are located on both sides of the grille, and the style is relatively flat.

　　The lower surrounding part adopts a three-stage design, with large-sized diversion grooves on both sides, creating a wind blade shape inside; the bottom is designed with a flat trapezoidal air inlet, and the interior is decorated with a banner structure, highlighting the layered feel of the front of the car.

　　The side shape of the new car is relatively smooth, and the slightly raised side waist line combined with chrome trim is embellished with a strong sense of fashion. At the same time, the Lynk & Co 06 EM-P also blackened the B-pillar, C-pillar, etc. to create a visual effect of the suspended roof, and it is also equipped with blackened eyebrows and side skirt components and large-size five-spoke wheels, adding a touch of sporty attributes to it.

　　In terms of tail shape, the roof is equipped with a small spoiler and a flat high brake light; the blackened taillight group adopts a through design, which effectively stretches the lateral visual width of the rear; the internal integration is a dot matrix LED light source, which is very recognizable after lighting; the lower surrounding part is also a three-stage shape, with decorative diversion grooves on both sides, and the bottom is equipped with a three-dimensional black trim. The exhaust pipe adopts a hidden layout.

　　The length, width and height of the new car are respectively 4350/1820/1625mm, with a wheelbase of 2640mm. It is positioned as a small SUV.

　　The interior also adopts a new design language, providing a three-frame multi-function steering wheel, a full LCD instrument panel, a floating central control screen, and an electronic pocket. The console is designed with two large storage slots, and the left side supports wireless charging for mobile phones.

　　The new car will be equipped with a plug-in hybrid system composed of a 1.5L self-priming engine and an electric motor. The maximum power of the engine is 88kW. The electric motor part is composed of P1 and P3 dual motors. The maximum power of the P3 drive motor is 160kW. The comprehensive maximum power of the system can reach 220kW, and the peak torque is 568N · m. The matching should still be a 3-speed DHT gearbox. (Graphic: Provided by Geely Lynk)