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| On February 27, 2024, the first electric vertical take -off and landing aircraft from Shenzhen to Zhuhai demonstrated the flight to complete the Xinhua News Agency. |
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| Wo Fei Changkong Technology (Chengdu) Co., Ltd., a self -developed “Flying Car” Airlines Available Machine Xinhua News Agency |
◎ Fuck Ziyi Reporter Song Weiping
As an important track of the low -altitude economy, EVTOL (electric vertical take -off and landing) aircraft (commonly known as “flying car”) is accelerating fast running.
On March 22, the V2000CG driverless aircraft system independently developed by Fengfei Aviation Technology obtained the model certificate (Type Certification (hereinafter referred to as the “Civil Aviation East China Bureau”) by the China Civil Aviation East China Authority (hereinafter referred to as the “Civil Aviation East China Bureau”).), This is the world’s first EVTOL at or above the tons of the model, which means that the flying car distance is one step away from large -scale commercialization.
Many interviewees told the Shanghai Securities News reporter that with the landing of the TC certificate, 2024 will be the first year of flying car freight.The requirements of passenger transportation are relatively high. With the further improvement of technology and other factors, it is expected to become the first year of flying car passenger transport in 2026.
Fengfei Airlines “List” is iconic
EVTOL is an important part of the low -altitude economy.In February of this year, Fengfei first completed the EVTOL cross -city flight from Shenzhen to Zhuhai for the first time, which received widespread attention.
Aircraft TC Airlines is a prerequisite for ensuring the safety of aircraft and allowing the market to enter the market.According to reports, in September 2022, V2000CG launched the work of air ticket collection, and it has been one and a half years.
“V2000CG is a new beginning, which not only lays the foundation for the large -scale commercial delivery operation, but also promotes us to a wider market.” Tian Yu, chairman of Fengfei Airlines TechnologyThe launch, Feng Fei, together with the government, upstream and downstream enterprises, has taken a solid step in R & D innovation, production capacity improvement, and guarantee delivery.In addition, Feng Fei will also start test flights and operations of more actual application scenarios overseas.
Tian Yu introduced that the name of V2000CG inside the company is “Carryall, Kailuou”, hoping that it can carry all kinds of items and change the way of transportation transportation.Model.
Compared with traditional helicopters, V2000CG has the advantages of low cost and low noise, and will have significant advantages in cross -city logistics in the future.Xie Jia, senior vice president of Fengfei Aviation Technology, introduced: “Today’s TC evidence collection is iconic and milestone for this industry. For the low -altitude economy track, it can also be used as a precedent to play a reference role.”
EVTOL commercialization acceleration
From R & D production to investment operations, the commercialization of low -altitude economy industries has always attracted much attention.
On the evening of March 20th, EH216-S, an unmanned manned carrier-developed aircraft independently developed by Yiyang Intelligent, was successfully sold in the “make friends” Taobao live room, creating the world’s first unmanned manned carrier aircraft online transactions onlinePreceding.
On March 22, Fengfei Airlines Technology and Zhongtong Express signed a smooth contract to reach 30 procurement contracts.At the same time, Fengfei Airlines signed a contract with Navigation in the eastern part of Shenzhen.
It is understood that the maximum take -off weight of V2000CG is 2 tons. It is pure electric power and driverless driving. At present, more than 200 domestic and foreign orders have been obtained.After the V2000CG was awarded the airworthiness certificate, the model will quickly invest in commercial operations. Customers mainly include logistics companies and navigation operation service providers.In addition to domestic customers, customers in the Middle East, Southeast Asia and other countries and regions.
Walland Airlines also received a lot of intent.Dong Ming, founder and CEO of Walrant Airlines, told reporters that at present, Walland Airlines has signed strategic cooperation with seven well -known companies including China Southern Airlines, AVIC rescue, Huaxia Fei Digi Technology, Asia Portal Aviation Group, and Joer Airlines IndustryThere are 700 intentions, with an intention of about 17.5 billion yuan. The intention order covers the entire scene of EVTOL applications such as low -altitude tourism, training, short -distance transportation, freight, emergency rescue, and urban travel, which has realized the Grand Slam.
The reporter learned from Yufeng Future Company that during the expo last year, Longhao Airlines Industry Investment Co., Ltd. purchased a total value of 230 million yuan from Yufeng’s future intention, including 15 nationwide M1 EVTOL.At the Pujiang Innovation Forum in September last year, the company received an order of 180 million yuan on the spot.
“Sky taxi” will become a reality
From the perspective of the industry, from cargo to manned, “air taxi” will soon become reality.
Everlast Intelligent has previously announced that in order to better meet the market demand and further activate the value of electric vertical take-off and landing aircraft and UAM, the EH216-S driverless manned aircraft system is in China.It will be officially implemented on April 1, 2024.
In Walland, its main product VE25 EVTOL can be equipped with 1 driver and 5 passengers.In September 2023, Walland VE25-100 passenger EVTOL model qualification certificate application was accepted by the East China Bureau of Civil Aviation, marking the official entering the model qualified approval procedure, which is also the first passenger carrier accepted by the East China East Bureau of Civil Aviation.Human EVTOL project.
“The company strives to enter the business demonstration session at the end of next year and early next year.” Dong Ming said.
Fengfei Aviation Technology adheres to the strategic planning of “from things to people”.It is understood that after obtaining the airline carrier -loading model, Fengfei Airlines will also promote the sailing and evidence collection of manned aircraft, and it is expected to obtain evidence collection in 2026.
“On February 27, we completed the first public demonstration flight of the world’s first cross -sea and cross -city EVTOL EVTOL EVTOL EVTOL EVTOL Evanic Evaposcope. In the future, carrier is definitely a focus of our development, but we take the lead first, but we take the lead first, but we take the lead first, but we take the lead firstThe strategy of descendants of the goods. Now the company has obtained the airworthiness of the load. With the development of flight and the accumulation of commercial investment, it will be helped by manned evidence to obtain evidence. “Xie Jia said.
In Dong Ming’s view, the Chinese manned EVTOL market has two characteristics: first, the market is large, EVTOL will enter people’s daily life on a large scale, becoming a rigid need; second, market development is gradualThe initial time to enter people’s daily life is expected to be faster and early than market expectations.Enterprises that enrolled in the early days could only conduct local commercial explorations due to technical characteristics and operational limitations. With the entry of a large number of enterprises, the passenger transport process will be accelerated. In 2026, the first year of the air passenger car will be ushered in.
“The low -altitude economy is an emerging field. The advantages of Shanghai are very obvious. Our industrial foundation is very strong, rich in financial resources, high funding efficiency, and rich talent reserves. The difficulty is that Shanghai is an international metropolis with dense personnel.. We must be more cautious when we are running. In other words, if Shanghai can fly, it is not a big problem flying in the world. “Dong Ming said.
◎ Reporter Yan Xiaofei
Under the tide of public offering funds, the asset management as a member of the capital management industry was also pushed to the “cusp.”
Recently, the saying of “more than double the public offering rate of the securities company is more than the public offering system” has spread in the industry.Faced with the tide of public offering, should the securities manager “join” or continue to “press the soldiers”?
In 2024, the fees of public funds were reduced.According to the incomplete statistics of Choice, over 40 fund products have added the ranks of reducing management rates and custody rates.
From the perspective of changes in rates, more than ten fund products have reduced more than 30 basis points.For example, Donghai Xianglong and Donghai’s beautiful China have a one -year management rate of 70 basis points. Cathay Pacific Tongyi holds 18 months, Guilian High dividends, Penghua Hongshi, Penghua Hongxin and other product management rates are allThe 60 basis points were reduced, the red tower red soil was stable and selected, the southern Haoxin stable and preferred 6 -month holding, Penghua global short medium debt, Changxin Lixin and other product management rates were reduced by 40 basis points.
In addition to reducing management fees and custody fees, public funds are ushered in a price war on the purchase rate.For example, on March 9, Caitong Fund issued an announcement saying that since the day, investors subscribe to Caitong Digital Economy Wisdom Mixed Securities Investment Fund through Caitong Fund online direct sales non -remittance.The minimum subscription rate can enjoy a 40 % discount.
The “heat waves” of public funds have also swept to the brokerage asset management industry. The Boyfrad Currency Fund was accused of the management fee of the public offering system, and some even doubled.
Many industry insiders said that the securities management products and public fund products are considered competitive in large categories, but there are many differences in the subdivided types.Without a public offering license, the securities company asset management products are equivalent to private equity products, and even if there is a public offering license, the asset management of securities firms will not only issue public offering products.At present, the scale of private equity in most large securities asset management products is much larger than that of public offerings.From the perspective of income structure, most of the company’s capital management revenue is also mainly private equity business, and public offering accounts for relatively small.
“Most private equity products are high in itself.” The person in charge of the asset management department of a certain securities firms in Shanghai said that from the current situation, non -public -funded asset management products are mainly targeted at high -net -worth individuals. In this context, brokersAsset management products value performance more.If the product performance is greatly won in the market, the product rates are relatively high, and investors can be accepted. If the product performance is not good, in order to retain customers and keep the product scale, the asset management of securities firms may have to enter the “volume” feeRate mode.
However, since the transition period of the new rules of self -financing management, the private equity management business mainly based on securities firms has continued to be compressed.According to the China -foundation Association data, as of the end of January, the total scale of private equity products of securities firms was 5.25 trillion yuan (including asset management subsidiaries, no private equity subsidiaries), which decreased by 1.12%month -on -month, a year -on -year decrease of 13.67%.
To this end, more and more brokerage management has begun to find public offerings.According to incomplete statistics from the Shanghai Securities Journal, including licensed brokers, more than 15 asset management of public offering securities firms, as well as Guangfa Asset Management, Guangzhi Asset Management, Anxin Asset Management, and Guo Financial Management.Public fund manager qualification.
“After getting a public offering license, some products issued by the securities company’s asset management must compete with the public offerings.” The person in charge of the business department of the securities firms analyzed that in addition to paying attention to the benefits of the product, more and more investors are now increasingly regarding the benefits of the product.The sensitivity of the rate is rising.In the current highly competitive market environment, some brokerage management is also rapidly followed up the fund reduction of funds, and actively reduced the management rate and custody rate of its asset management products.
Blacksmith need its own hardware.In the era of capital management, no matter how the market changes, financial institutions allow investors to make investors a general trend. For brokerage asset management, active management capabilities are the basis for investors to continue to create value.
“In the long run, you have to compete with investment and research capabilities and risk control capabilities.” In addition to reducing fees, the asset management person in Anhui should be upgraded by the investment and research capabilities, reward customer value, meet customer needs, customer service and companionship, and operations, and operations.Management and other efforts are made to enhance the sense of customer gain.He also mentioned that it is necessary to provide customers with truly effective professional asset allocation and investment consulting services. When high valuations and enthusiasm, make risk prompts for investors, and provide investors to accompany investors when low valley, pessimistic, and low valuations.And encouraging services, healing investors frequently “chasing the rise and fall” timing impulse.
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Economic heating expected strong consumption growth space is sufficient
With the gradual repair of the economy in the economy, the flow of people flow, logistics and other elements will be more active, the economic cycle has gradually improved, employment income has stabilized, and the positive factors in economic growth will also provide a solid foundation for consumer growth.
Data show that in the first two months, the volume of freight increased by 7.5%year -on -year, and the operating passenger volume increased by 27.4%.35.5%.
“Economic sustainable recovery and steady employment income have increased for favorable conditions for expanding the consumption capacity of residents. Recently, the policy level has made specific arrangements for promoting the stable growth of consumption. The policy effect will continueEssence
“Positive factors are accelerating growth, especially new capacity such as new productivity is accelerating. The service industry is also developing, which can better promote employment. We have confidence in the goal of about 5%of this year.”In an interview with a reporter, a grade researcher Wang Wei said that this year, in terms of expanding consumption of potential, we must pay more attention to new consumption and stabilize the consumption of large privileges.
Liu Aihua said that from the future trend, there are still many favorable conditions to support the stable growth of consumption, and the positive changes in the consumer field are expected to continue.From the perspective of consumption space, the steady service consumption has expanded, and the trend of consumption in online and offline integration is more obvious. The rapid development of new consumption provides new impetus for consumer growth.
◎ Reporter Liu Yihe
Recently, the large -scale AI model that can read the “200,000 words in one breath” has added a fire to the domestic AI industry again.The industry believes that the ability of domestic large models to improve may become the core main line in the domestic AI field this year.Is the long context of the main breakthrough?How will the big model be improved?
At the forefront of the 2024 Global Developer Pioneer Conference (2024 GDC) held on March 24, Alibaba, Tencent Mixed Yuan, Danyu Technology MINIMAX ABAB, Shang Tang discussed, scholar Puyu language five models five models:The technical person in charge rarely “the same frame” to discuss the technological evolution of the future big models in the future.
Ultra -long context Cheng Chengcheng’s big model new competition focus
On March 18, Yuezhizhi Company announced that KIMI smart assistants started 2 million words without damage context.In October 2023, Kimi had only 200,000 words when Kimi debuted.In other words, Kimi has only used only less than half a year, and the context processing ability has been increased by an order of magnitude.
According to the dark side of the month, the number of unprepared context lengths of the large model increases, which can further open the imagination of AI application scenarios, including the analysis and understanding of the complete code library, the intelligent body that can help humans complete multiple steps and complex tasks, and will not.Forgotten key information, lifelong assistant, multi -mode model of truly unified architecture, etc.
After the news was released, KIMI visits surged and could not be used normally.In the past few days, Kimi also brought “red” A -share “Kimi concept stocks”.Taking the long -term context processing ability as the breakthrough, Kimi has become one of the few “breaking people” since the “Hundred Model Wars” in China.
After Kimi quickly became popular, Ali announced that “Tongyi Qian Qi” will open a long document processing function of 10 million words to everyone, which can help users read research reports, analyze financial reports, read scientific research papers, research and judgment cases, read medical reports, interpretation, interpretationLegal provisions, analysis test results, and in -depth articles.The 360 Zhibin also announced the formal internal test 5 million words long text processing function, which will settle in the 360AI browser.
In fact, starting from the second half of 2023, the context of large models supported rapidly, from 2K (storage capacity units) of early GPT-3 to 1m in March this year.
“The longer context means what we need to think about.” Lin Dahua, chief scientist of Shanghai Artificial Intelligence Laboratory, said that the 2K context supports daily chat, knowledge and answer, short essay understanding; 32K supports anthropomorphic dialogue, long text analysis, analysisCode interpretation and compilation; 100K support processing long report and short stories, smart body long -term interaction, simple software and website construction; 1M support processing long novels, directly injected small knowledge bases, project -level code analysis and construction.
Long text ability still has limitations
Lin Dahua believes that the context faces two basic issues directly: first, the reasonable calculation of the long -term context is high; the other is that the context itself will not compress the information itself, and cannot directly capture the deep knowledge and laws.
Chen Kai, a youth scientist in Shanghai Artificial Intelligence Laboratory, believes that the current evaluation method of long texts in the industry is “the sea fishing needle”, that is, finding a message from ultra -long text. Many models can achieve nearly 100%in this test.Accuracy.
Chen Kai said: “But if you change the model to closer to the real use scenario, you need to find some fragmented information and link them in the model., The industry should continue to pay attention to the generalization and practical application capabilities of the model. “
In addition, there are voices in the industry that questioned the technical level and value of ultra -long context.According to the dark side of the month, in order to achieve a better long window non -destructive compression performance, the research and development and technical teams have been redesigned and developed from the model pre -training to alignment, and the reasoning links.The sampling of “technical shortcuts, overcome many underlying technical difficulties.
Wang Wenguang, vice president of Daguan Data, accepted an interview with the reporter of the Shanghai Securities News: “From the perspective of innovation, Kimi showed its huge potential in non -destructive reading.In terms of technology itself, this is just a gimmick. It does not help the model’s ability to improve, and it is not difficult in itself. “
Daguan data is a national specialized new “little giant” enterprise focusing on smart text processing.In July 2023, Daguan data released the public beta version of the “Cao Zhi” large language model application. “Cao Zhi” has three characteristics: long text, multi -language, and verticalization.
Wang Wenguang said: “From the perspective of Kimi’s popularity, the next” Hundred Model War “will be more hustle and bustle, and a large model manufacturer will launch a model with thousands of words or even hundreds of millions of words. In the future, the field of big models may still be stillThere will be publicity points with gimmicks and low technical difficulties. But the real industrial application still needs to calm down, step by step to improve the model ability, and to solve the industrial problems bit by bit. “
Five models of “main creative” co -creative development direction of technological evolution
In addition to the context length, what else has the ability to improve the domestic model?How to give play to the “mold” power to the next step?
Zhou Chang, the person in charge of Alibaba’s algorithm, believes that synthetic data will play a more important role in future big model training.Synthetic data is a non -artificial data that imitates real -world data.
“Through the use of synthetic data, language models and multi -mode models are expected to obtain capabilities to improve their ability alone. Upgrading data processing capabilities will be one of the important directions to improve the level of model research and development.” Zhou Chang said.
For how to make the model itself deeply involved in iteration, Chen Kai said that referring to the ability that researchers need to have in the research and development of researchers, if the model has strong mathematical ability, programming ability, and brainstorming ability, and a good combination of several capabilities,You can move towards the critical point of “self -improvement”.
Kang Zhanhui, the person in charge of the Tencent Hybrid Model Algorithm, mentioned that at present, the model architecture of head manufacturers is turning to Mixture of Experts (MOE).The hybrid expert model is about to split into multiple smaller expert models. Each expert model is responsible for handling specific tasks or data sets.
From the perspective of Kang Zhanhui, in the future, a model with smaller parameters may show higher efficiency and “cost -effectiveness” on the application end. The large model of the full model input and output will be the next stage of research goals.
The technological evolution of large models aims to further enhance capabilities. Another important direction is how to use it better in real scenes.
Anderson, vice president of Danyu Technology and Technology, believes that when people complete a variety of work, they do not rely on their own brains, but rely on the brain and various external tools.Therefore, when the large model is applied to the ground application, we must also consider combining the big models and other tools, including other models, to make it more convenient.