+关注
山姆叔叔
暂无个人介绍
IP属地：北京
20
关注
0
粉丝
0
主题
0
勋章
主贴
热门
山姆叔叔
2021-08-18
是你小子把威震天引到这来的
百度发布具有跨时代意义的 Apollo“汽车机器人”
山姆叔叔
2020-12-01
$蔚来(NIO)$
$小鹏汽车(XPEV)$
$特斯拉(TSLA)$
求购一个老虎证券的老虎玩偶，闲鱼交易。可以直接贴链接
山姆叔叔
2020-09-01
$蔚来(NIO)$
蔚来8月交付3950台，上下不超过30台。历史新高，马上盘前了，熊弟萌，冲啊！
山姆叔叔
2020-05-07
消息都看不懂害搁着闭眼写呢。。
抱歉，原内容已删除
去老虎APP查看更多动态
{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"107726204379348","uuid":"107726204379348","gmtCreate":1536760458416,"gmtModify":1536760458416,"name":"山姆叔叔","pinyin":"smssshanmushushu","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.laohu8.com/default-avatar.jpg","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":0,"headSize":20,"tweetSize":4,"questionSize":0,"limitLevel":900,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-4","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"明星虎友","description":"加入老虎社区2000天","bigImgUrl":"https://static.tigerbbs.com/dddf24b906c7011de2617d4fb3f76987","smallImgUrl":"https://static.tigerbbs.com/53d58ad32c97254c6f74db8b97e6ec49","grayImgUrl":"https://static.tigerbbs.com/6304700d92ad91c7a33e2e92ec32ecc1","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.03.05","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001}],"userBadgeCount":1,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":1,"crmLevelSwitch":0,"location":"北京","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":833546454,"gmtCreate":1629251974778,"gmtModify":1629251974778,"author":{"id":"107726204379348","authorId":"107726204379348","name":"山姆叔叔","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"107726204379348","idStr":"107726204379348"},"themes":[],"htmlText":"是你小子把威震天引到这来的","listText":"是你小子把威震天引到这来的","text":"是你小子把威震天引到这来的","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833546454","repostId":"1118164551","repostType":4,"repost":{"id":"1118164551","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629251844,"share":"https://www.laohu8.com/m/news/1118164551?lang=&edition=full","pubTime":"2021-08-18 09:57","market":"us","language":"zh","title":"百度发布具有跨时代意义的 Apollo“汽车机器人”","url":"https://stock-news.laohu8.com/highlight/detail?id=1118164551","media":"老虎资讯综合","summary":"8月18日讯，$网易 $报道，$百度$创始人李彦宏在百度2021“AI这时代”上官宣百度Apollo“汽车$机器人$”。“汽车机器人”驾驶室无任何机械操控设施，全程操作靠传感器和语音操控。截至2021年上半年，百度Apollo自动驾驶出行服务已累计接待乘客超过40万人次，测试里程超过1400万公里，自动驾驶专利数量超过2900件，在北京、广州、长沙、沧州四城开放载人服务。","content":"<p><a href=\"https://laohu8.com/RN?name=RNLive&rndata=%7B%22liveId%22:%2216287552857181%22%7D\" target=\"_blank\">【直播】直击百度世界大会</a>！</p>\n<p>8月18日讯，<a href=\"https://laohu8.com/S/NTES\">网易</a>报道，<a href=\"https://laohu8.com/S/BIDU\">百度</a>创始人李彦宏在百度2021“AI这时代”上官宣百度Apollo“汽车<a href=\"https://laohu8.com/S/300024\">机器人</a>”。李彦宏说，未来机器人看上去很像汽车。“汽车机器人”驾驶室无任何机械操控设施，全程操作靠传感器和语音操控。</p>\n<p>在外观上，自动鸥翼门、全玻璃车顶与外部传感器融为一体，汽车机器人车内不设方向盘、踏板，且拥有超大曲面屏、<a href=\"https://laohu8.com/S/5RE.SI\">智能</a>控制台、变光玻璃、零重力座椅等智能化配置。</p>\n<p>配置方面，百度汽车机器人能够通过三重能力服务于人，具备L5级自动驾驶能力，其次具备语音、人脸识别等多模交互能力，可分析用户潜在需求，主动提供服务，此外，汽车机器人还具备自我学习和不断升级能力，是服务各种场景的智慧体。</p>\n<p><b>百度发布无人车出行服务平台“萝卜快跑”</b></p>\n<p>在百度世界大会首发环节，百度创始人、董事长宣布百度正式推出无人车出行服务平台“萝卜快跑”，进一步面向大众推出无人车出行服务。自动驾驶下半场的角逐已经开启，规模化商业运营将成为行业发展的重点。百度此次推出的萝卜快跑，结合了Apollo过去两年的运营实践，能向大众提供商业运营和多元化增值服务，加速全民无人化出行时代到来。</p>\n<p>截至2021年上半年，百度Apollo自动驾驶出行服务已累计接待乘客超过40万人次，测试里程超过1400万公里，自动驾驶专利数量超过2900件，在北京、广州、长沙、沧州四城开放载人服务。李彦宏表示，预计未来三年内将覆盖30个城市。<img src=\"https://static.tigerbbs.com/65e0652bc6ecaff878c7163a90ee3732\" tg-width=\"1703\" tg-height=\"1080\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>百度发布具有跨时代意义的 Apollo“汽车机器人”</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n百度发布具有跨时代意义的 Apollo“汽车机器人”\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-08-18 09:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><a href=\"https://laohu8.com/RN?name=RNLive&rndata=%7B%22liveId%22:%2216287552857181%22%7D\" target=\"_blank\">【直播】直击百度世界大会</a>！</p>\n<p>8月18日讯，<a href=\"https://laohu8.com/S/NTES\">网易</a>报道，<a href=\"https://laohu8.com/S/BIDU\">百度</a>创始人李彦宏在百度2021“AI这时代”上官宣百度Apollo“汽车<a href=\"https://laohu8.com/S/300024\">机器人</a>”。李彦宏说，未来机器人看上去很像汽车。“汽车机器人”驾驶室无任何机械操控设施，全程操作靠传感器和语音操控。</p>\n<p>在外观上，自动鸥翼门、全玻璃车顶与外部传感器融为一体，汽车机器人车内不设方向盘、踏板，且拥有超大曲面屏、<a href=\"https://laohu8.com/S/5RE.SI\">智能</a>控制台、变光玻璃、零重力座椅等智能化配置。</p>\n<p>配置方面，百度汽车机器人能够通过三重能力服务于人，具备L5级自动驾驶能力，其次具备语音、人脸识别等多模交互能力，可分析用户潜在需求，主动提供服务，此外，汽车机器人还具备自我学习和不断升级能力，是服务各种场景的智慧体。</p>\n<p><b>百度发布无人车出行服务平台“萝卜快跑”</b></p>\n<p>在百度世界大会首发环节，百度创始人、董事长宣布百度正式推出无人车出行服务平台“萝卜快跑”，进一步面向大众推出无人车出行服务。自动驾驶下半场的角逐已经开启，规模化商业运营将成为行业发展的重点。百度此次推出的萝卜快跑，结合了Apollo过去两年的运营实践，能向大众提供商业运营和多元化增值服务，加速全民无人化出行时代到来。</p>\n<p>截至2021年上半年，百度Apollo自动驾驶出行服务已累计接待乘客超过40万人次，测试里程超过1400万公里，自动驾驶专利数量超过2900件，在北京、广州、长沙、沧州四城开放载人服务。李彦宏表示，预计未来三年内将覆盖30个城市。<img src=\"https://static.tigerbbs.com/65e0652bc6ecaff878c7163a90ee3732\" tg-width=\"1703\" tg-height=\"1080\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/65e0652bc6ecaff878c7163a90ee3732","relate_stocks":{"300024":"机器人","09888":"百度集团-SW","BIDU":"百度","QNETCN":"纳斯达克中美互联网老虎指数"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118164551","content_text":"【直播】直击百度世界大会！\n8月18日讯，网易报道，百度创始人李彦宏在百度2021“AI这时代”上官宣百度Apollo“汽车机器人”。李彦宏说，未来机器人看上去很像汽车。“汽车机器人”驾驶室无任何机械操控设施，全程操作靠传感器和语音操控。\n在外观上，自动鸥翼门、全玻璃车顶与外部传感器融为一体，汽车机器人车内不设方向盘、踏板，且拥有超大曲面屏、智能控制台、变光玻璃、零重力座椅等智能化配置。\n配置方面，百度汽车机器人能够通过三重能力服务于人，具备L5级自动驾驶能力，其次具备语音、人脸识别等多模交互能力，可分析用户潜在需求，主动提供服务，此外，汽车机器人还具备自我学习和不断升级能力，是服务各种场景的智慧体。\n百度发布无人车出行服务平台“萝卜快跑”\n在百度世界大会首发环节，百度创始人、董事长宣布百度正式推出无人车出行服务平台“萝卜快跑”，进一步面向大众推出无人车出行服务。自动驾驶下半场的角逐已经开启，规模化商业运营将成为行业发展的重点。百度此次推出的萝卜快跑，结合了Apollo过去两年的运营实践，能向大众提供商业运营和多元化增值服务，加速全民无人化出行时代到来。\n截至2021年上半年，百度Apollo自动驾驶出行服务已累计接待乘客超过40万人次，测试里程超过1400万公里，自动驾驶专利数量超过2900件，在北京、广州、长沙、沧州四城开放载人服务。李彦宏表示，预计未来三年内将覆盖30个城市。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1777,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":398054056,"gmtCreate":1606801364175,"gmtModify":1703844496354,"author":{"id":"107726204379348","authorId":"107726204379348","name":"山姆叔叔","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"107726204379348","idStr":"107726204379348"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$蔚来(NIO)$</a><a href=\"https://laohu8.com/S/XPEV\">$小鹏汽车(XPEV)$</a><a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$</a>求购一个老虎证券的老虎玩偶，闲鱼交易。可以直接贴链接","listText":"<a href=\"https://laohu8.com/S/NIO\">$蔚来(NIO)$</a><a href=\"https://laohu8.com/S/XPEV\">$小鹏汽车(XPEV)$</a><a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$</a>求购一个老虎证券的老虎玩偶，闲鱼交易。可以直接贴链接","text":"$蔚来(NIO)$$小鹏汽车(XPEV)$$特斯拉(TSLA)$求购一个老虎证券的老虎玩偶，闲鱼交易。可以直接贴链接","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/398054056","isVote":1,"tweetType":1,"viewCount":1431,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":971612066,"gmtCreate":1598945297355,"gmtModify":1704220705272,"author":{"id":"107726204379348","authorId":"107726204379348","name":"山姆叔叔","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"107726204379348","idStr":"107726204379348"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$蔚来(NIO)$</a>蔚来8月交付3950台，上下不超过30台。历史新高，马上盘前了，熊弟萌，冲啊！","listText":"<a href=\"https://laohu8.com/S/NIO\">$蔚来(NIO)$</a>蔚来8月交付3950台，上下不超过30台。历史新高，马上盘前了，熊弟萌，冲啊！","text":"$蔚来(NIO)$蔚来8月交付3950台，上下不超过30台。历史新高，马上盘前了，熊弟萌，冲啊！","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/971612066","isVote":1,"tweetType":1,"viewCount":4093,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":927841549,"gmtCreate":1588839835481,"gmtModify":1704178585942,"author":{"id":"107726204379348","authorId":"107726204379348","name":"山姆叔叔","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"107726204379348","idStr":"107726204379348"},"themes":[],"htmlText":"消息都看不懂害搁着闭眼写呢。。","listText":"消息都看不懂害搁着闭眼写呢。。","text":"消息都看不懂害搁着闭眼写呢。。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/927841549","repostId":"1107048043","repostType":2,"isVote":1,"tweetType":1,"viewCount":1575,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":971612066,"gmtCreate":1598945297355,"gmtModify":1704220705272,"author":{"id":"107726204379348","authorId":"107726204379348","name":"山姆叔叔","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"107726204379348","authorIdStr":"107726204379348"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$蔚来(NIO)$</a>蔚来8月交付3950台，上下不超过30台。历史新高，马上盘前了，熊弟萌，冲啊！","listText":"<a href=\"https://laohu8.com/S/NIO\">$蔚来(NIO)$</a>蔚来8月交付3950台，上下不超过30台。历史新高，马上盘前了，熊弟萌，冲啊！","text":"$蔚来(NIO)$蔚来8月交付3950台，上下不超过30台。历史新高，马上盘前了，熊弟萌，冲啊！","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/971612066","isVote":1,"tweetType":1,"viewCount":4093,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":833546454,"gmtCreate":1629251974778,"gmtModify":1629251974778,"author":{"id":"107726204379348","authorId":"107726204379348","name":"山姆叔叔","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"107726204379348","authorIdStr":"107726204379348"},"themes":[],"htmlText":"是你小子把威震天引到这来的","listText":"是你小子把威震天引到这来的","text":"是你小子把威震天引到这来的","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/833546454","repostId":"1118164551","repostType":4,"isVote":1,"tweetType":1,"viewCount":1777,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":398054056,"gmtCreate":1606801364175,"gmtModify":1703844496354,"author":{"id":"107726204379348","authorId":"107726204379348","name":"山姆叔叔","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"107726204379348","authorIdStr":"107726204379348"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$蔚来(NIO)$</a><a href=\"https://laohu8.com/S/XPEV\">$小鹏汽车(XPEV)$</a><a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$</a>求购一个老虎证券的老虎玩偶，闲鱼交易。可以直接贴链接","listText":"<a href=\"https://laohu8.com/S/NIO\">$蔚来(NIO)$</a><a href=\"https://laohu8.com/S/XPEV\">$小鹏汽车(XPEV)$</a><a href=\"https://laohu8.com/S/TSLA\">$特斯拉(TSLA)$</a>求购一个老虎证券的老虎玩偶，闲鱼交易。可以直接贴链接","text":"$蔚来(NIO)$$小鹏汽车(XPEV)$$特斯拉(TSLA)$求购一个老虎证券的老虎玩偶，闲鱼交易。可以直接贴链接","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/398054056","isVote":1,"tweetType":1,"viewCount":1431,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":927841549,"gmtCreate":1588839835481,"gmtModify":1704178585942,"author":{"id":"107726204379348","authorId":"107726204379348","name":"山姆叔叔","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"107726204379348","authorIdStr":"107726204379348"},"themes":[],"htmlText":"消息都看不懂害搁着闭眼写呢。。","listText":"消息都看不懂害搁着闭眼写呢。。","text":"消息都看不懂害搁着闭眼写呢。。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/927841549","repostId":"1107048043","repostType":2,"repost":{"id":"1107048043","kind":"news","pubTimestamp":1588817031,"share":"https://www.laohu8.com/m/news/1107048043?lang=&edition=full","pubTime":"2020-05-07 10:03","market":"us","language":"zh","title":"重组后的蔚来汽车：债务问题如何承担？","url":"https://stock-news.laohu8.com/highlight/detail?id=1107048043","media":"财经涂鸦","summary":"国产电动车制造商$蔚来$汽车在上周宣布了与合肥地方政府的资本重组；消息发布后，公司股价迅速上涨了20%，随后下跌，最后收盘上涨10%。然而，仔细看看交易条款，就会发现对目前的ADR所有者来说，这是一笔糟糕的交易。这便引发了此次重组的一个明显问题：公司现有的债务如何解决？薅资本主义的羊毛理论上不违法，但是在当前，美国市场对中概股严重质疑的时期进行这样的资本重组，且缺乏对债务承担的解释，不由得让人有所担心。","content":"<p><span>国产电动车制造商<a href=\"https://laohu8.com/S/NIO\">蔚来</a>汽车在上周宣布了与合肥地方政府的资本重组；消息发布后，公司股价迅速上涨了20%，随后下跌，最后收盘上涨10%。然而，仔细看看交易条款，就会发现对目前的ADR所有者来说，这是一笔糟糕的交易。</span></p>\n<p><img src=\"https://static.tigerbbs.com/e343b18fe71f9f50890a9198f09b3bc4\"></p>\n<p><span>为什么我会这么说呢，从该项公告中我提取了一些关键点：首先这是一笔70亿元的重组，蔚来投入43亿元，持有蔚来中国76%的股份，而合肥政府持有24%；表面上看合肥政府获得24%的股份，注资70亿后蔚来的总估值将达到290亿人民币，听起来是不错的消息。</span></p>\n<p><span>但别忘记，对于蔚来的ADR持有者来说，</span><span><b>最重要的一点是70亿注资中蔚来是要贡献43亿出来的，换句话说“新钱”只有27亿元，因此隐含估值只能达到113亿人民币</b></span><span>，并没有消息表面看上去那么诱人。</span></p>\n<p><span>特别是，如果我们使用更激进一些的方法来估值蔚来的总资产，考虑到蔚来的信贷循环，在注资43亿以外，蔚来仍有84亿元的债务，这笔交易最终会为每股带来的增量仅仅只有1.3美元/股。这个结果，还是我没有将公司的营运资本赤字列入的前提下，这一点无疑还将降低每股ADR的价值。</span></p>\n<p><span>这便引发了此次重组的一个明显问题：</span><span><b>公司现有的债务如何解决？</b></span><span>从蔚来的新闻稿中我们没有看到关于解决债务的说明，但是考虑到合肥政府创造就业的要求，盖厂房和构建研发技术中心等要求，</span><span><b>我有理由强烈怀疑：目前结构下的蔚来无法承担这84亿元的金融债务</b></span><span>。</span></p>\n<p><span>从本质上讲，蔚来的资产是在进行剥离，通过（将资产）转移到合肥进行资本重组，但是与此同时，公司现有的财务以及运营负债仍停留在ADR的位置，意味着将债务负担丢给外国股东和债券持有人来承担，这样的资产转移之所以能成功，</span><span><b>只是因为新进投资者只占有25%的股份不构成控制权变化</b></span><span>。</span></p>\n<p><span>薅资本主义的羊毛理论上不违法，但是在当前，美国市场对中概股严重质疑的时期进行这样的资本重组，且缺乏对债务承担的解释，不由得让人有所担心。蔚来真正棘手的市场营销烧钱问题与更低价的核心竞争力产品方面都尚未有落地的消息，即使此后在国内的融资可能相对容易了些许，但是在美股市场上的潜力是悲观的。有趣的一个猜测是，</span><span><b>蔚来私有化退市的可能性大大增加</b></span><span>，毕竟近期的股价对于蔚来而言是个可以接受的数字。</span></p>","source":"lsy1567822449048","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>重组后的蔚来汽车：债务问题如何承担？</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n重组后的蔚来汽车：债务问题如何承担？\n</h2>\n\n<h4 class=\"meta\">\n\n\n2020-05-07 10:03 北京时间 <a href=https://mp.weixin.qq.com/s/trg4hynsEt8ZU-uUGuPc_g><strong>财经涂鸦</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>国产电动车制造商蔚来汽车在上周宣布了与合肥地方政府的资本重组；消息发布后，公司股价迅速上涨了20%，随后下跌，最后收盘上涨10%。然而，仔细看看交易条款，就会发现对目前的ADR所有者来说，这是一笔糟糕的交易。\n\n为什么我会这么说呢，从该项公告中我提取了一些关键点：首先这是一笔70亿元的重组，蔚来投入43亿元，持有蔚来中国76%的股份，而合肥政府持有24%；表面上看合肥政府获得24%的股份，注资70...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/trg4hynsEt8ZU-uUGuPc_g\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3380231cb191ca9bea37a0c70765537d","relate_stocks":{"NIO":"蔚来"},"source_url":"https://mp.weixin.qq.com/s/trg4hynsEt8ZU-uUGuPc_g","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107048043","content_text":"国产电动车制造商蔚来汽车在上周宣布了与合肥地方政府的资本重组；消息发布后，公司股价迅速上涨了20%，随后下跌，最后收盘上涨10%。然而，仔细看看交易条款，就会发现对目前的ADR所有者来说，这是一笔糟糕的交易。\n\n为什么我会这么说呢，从该项公告中我提取了一些关键点：首先这是一笔70亿元的重组，蔚来投入43亿元，持有蔚来中国76%的股份，而合肥政府持有24%；表面上看合肥政府获得24%的股份，注资70亿后蔚来的总估值将达到290亿人民币，听起来是不错的消息。\n但别忘记，对于蔚来的ADR持有者来说，最重要的一点是70亿注资中蔚来是要贡献43亿出来的，换句话说“新钱”只有27亿元，因此隐含估值只能达到113亿人民币，并没有消息表面看上去那么诱人。\n特别是，如果我们使用更激进一些的方法来估值蔚来的总资产，考虑到蔚来的信贷循环，在注资43亿以外，蔚来仍有84亿元的债务，这笔交易最终会为每股带来的增量仅仅只有1.3美元/股。这个结果，还是我没有将公司的营运资本赤字列入的前提下，这一点无疑还将降低每股ADR的价值。\n这便引发了此次重组的一个明显问题：公司现有的债务如何解决？从蔚来的新闻稿中我们没有看到关于解决债务的说明，但是考虑到合肥政府创造就业的要求，盖厂房和构建研发技术中心等要求，我有理由强烈怀疑：目前结构下的蔚来无法承担这84亿元的金融债务。\n从本质上讲，蔚来的资产是在进行剥离，通过（将资产）转移到合肥进行资本重组，但是与此同时，公司现有的财务以及运营负债仍停留在ADR的位置，意味着将债务负担丢给外国股东和债券持有人来承担，这样的资产转移之所以能成功，只是因为新进投资者只占有25%的股份不构成控制权变化。\n薅资本主义的羊毛理论上不违法，但是在当前，美国市场对中概股严重质疑的时期进行这样的资本重组，且缺乏对债务承担的解释，不由得让人有所担心。蔚来真正棘手的市场营销烧钱问题与更低价的核心竞争力产品方面都尚未有落地的消息，即使此后在国内的融资可能相对容易了些许，但是在美股市场上的潜力是悲观的。有趣的一个猜测是，蔚来私有化退市的可能性大大增加，毕竟近期的股价对于蔚来而言是个可以接受的数字。","news_type":1},"isVote":1,"tweetType":1,"viewCount":1575,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}
