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Each Krypton 009 radiance is the only one in the world, priced at 789,000 yuan

As a high-end luxury business pure electric MPV, the new car adopts a large number of high-end materials, customized craftsmanship and luxurious configuration, making each car a unique version. The whole car is a 4-seat layout, and the rear cabin has very strong privacy. The official price of the new car is 789,000 yuan, and the delivery will be officially launched on May 19.

Each Krypton 009 radiance is the only one in the world, priced at 789,000 yuan

At present, JK009 Guanghui only launched one model, and the official guide price is 789,000 yuan. Users who pay the deposit from now until May 31 can also enjoy a number of limited-time free benefits provided by the official, including vehicle quality assurance, high-power home charging piles, and lifetime functional experience of fully intelligent driving assistance systems. In addition, old owners of the JKK brand can also enjoy additional benefits of 50,000 yuan to purchase or replace the JK009 Guanghui model.

Each Krypton 009 radiance is the only one in the world, priced at 789,000 yuan

The Extreme Krypton 009 Glorious model is based on the ordinary version of the Extreme Krypton 009, and the appearance basically inherits its overall design. The places that can reflect its exclusive characteristics are mainly concentrated in the front of the car. For example, the front grille of the front of the car, which is known as the world’s largest metal area, takes 30 hours to complete by hand grinding. In addition, the lidar on the roof is also the first time on the Extreme Krypton 009 series.

Each Krypton 009 radiance is the only one in the world, priced at 789,000 yuan

Another obvious feature on the exterior is the new 20-inch suspension forged rim. Not only does it require 20 hours of fine hand polishing, but it also requires laser engraving 240 patterns to achieve a more high-end effect. What makes it unique is that the dawn logo in the middle will always stand tall and will not rotate in sync with the wheels.

Each Krypton 009 radiance is the only one in the world, priced at 789,000 yuan

In fact, there is another place in the appearance that reflects the identity of this car, that is, Krypton and BOE, the global semiconductor display leader, jointly developed the most advanced LC privacy dimming glass in the industry, and launched it in the world of Krypton 009 Glory. The industry’s only 10-speed light and shade adjustment, intelligent switching of light transmittance, the fastest dimming only takes 1.5s, which is 40 times faster than the best EC light curtain on the market. In the darkest state, the light curtain will appear pure black, with a maximum shading rate of 99.5%, which can be completely isolated from the outside world.

Each Krypton 009 radiance is the only one in the world, priced at 789,000 yuan

Extreme Krypton 009 Glory is the only smart car in the world with dual 8295 smart cockpit computing chips, providing independent computing power support for the front and rear cabins. Whether it is cockpit system response speed, graphics, video processing capabilities, or AI large model computing, it is the ceiling level of the current industry. Equipped with the latest generation of Extreme Krypton OS 6.0 operating system, it supports up to 64 APP resident background.

Each Krypton 009 radiance is the only one in the world, priced at 789,000 yuan

The 43-inch mini LED smart screen is currently the largest car screen in the world, with 4K ultra-clear image quality and Dolby Vision support. The distance and angle between the screen and the seat can be accurately calculated to perfectly restore the best viewing position in the cinema.

Each Krypton 009 radiance is the only one in the world, priced at 789,000 yuan

In terms of speaker system, the new car uses a Yamaha advanced sound system with a total of 31 speakers, with a peak power of 3kW, the world’s first. Among them, there are 21 speakers in the rear space alone. At the same time, the Krypton cockpit team has cooperated with Yamaha in depth to jointly develop tuning algorithms, achieving the only 7.1.6 surround sound in the same class, and supports Dolby Atmos. With the ultra-clear car screen, it is linked with seats, fragrances, etc., bringing shocking super-sensory 5D movie effects.

Each Krypton 009 radiance is the only one in the world, priced at 789,000 yuan

Based on the business travel scenario, JK009 has developed a one-click conference function. After the conference mode is turned on, the mainstream conference software, 5G online multi-end points, the seat table board with stepless adjustment of angle, the reading light with stepless adjustment of brightness, and the intelligent in-car environment adjustment and partition work together to turn the rear cockpit into a private office space, maximizing work efficiency.

Each Krypton 009 radiance is the only one in the world, priced at 789,000 yuan

To satisfy the excellent taste experience, JK 009 Brilliant is equipped with the 18-liter hot and cold smart refrigerator with the largest volume and the strongest temperature control ability in the industry. Whether it is cooling or heating, it is the strongest in the industry. The constant temperature mode can continue to work within 24 hours after leaving the car, and there is also its own ultraviolet sterilization function to maintain the best taste at all times, creating a "constant temperature fresh-keeping cabinet for all scenes". Whether it is champagne, red wine, cigars, or fruits, medicines, and baby food, it can be properly stored.

Each Krypton 009 radiance is the only one in the world, priced at 789,000 yuan

The most important configuration in terms of radiant comfort, the rear seats of the Extreme Krypton 009, are each built according to the 500,000 value, bringing top-level comfort. Its wrapping material is made of the top ultra-soft aniline leather in the automotive industry, which is strictly screened from natural pastures without fences. The surface is free of any defects. The material used for the whole car is 3 square meters, and the independent armrest table is also made of the same material. Moreover, in order to fully retain the most delicate touch and natural texture, the coating thickness of the cowhide surface is reduced by 57% compared with NAPPA leather, and the air permeability is increased by 30%.

Each Krypton 009 radiance is the only one in the world, priced at 789,000 yuan

Extreme Krypton 009 Glorious Seat is the only ergonomic car seat in the world that provides 12 zones of support. The seat structure has 11 layers from the inside to the outside, and the 20mm dream rebound sponge can further filter the road vibration on top of the million-level comfortable chassis. Each seat has 24-way adjustment, so no matter what body shape, you can find the most comfortable angle. In addition, this seat is also the only car seat in the world that "can do SPA", providing the world’s most point massage therapy, the industry’s most heated area hot stone SPA, and Extreme Krypton’s original music healing SPA.

Each Krypton 009 radiance is the only one in the world, priced at 789,000 yuan

In terms of privacy and security, Extreme Krypton 009 Glory uses physical isolation and intelligent linkage to create an exclusive private space. The "private smart curtain wall" divides the front and rear cabins, and the atomized window above the partition can be lifted and lowered. The rear cabin camera can also be lifted and lowered intelligently, and it will automatically turn down and open in conference mode. The only upper and lower double-layer electronic safe in the exclusive customization industry can be set separately to store valuables. In addition, Extreme Krypton 009 Glory uses intelligence to light up security, the only "privacy mode" in the same level and the industry’s first "seamless mode", which can not only be "one-click do not disturb" like a mobile phone, but also protect user privacy in all scenarios, whether commercial or household.

The world premiered two latest technological achievements, the first being the world’s first integrated die-cast C-ring seat. Extreme Krypton 009 uses an integrated die-cast rear-end aluminum body, and the two rear seats are rigidly connected to the C-point position with the highest rigidity on the overall large die-casting part, and are connected to the entire body-in-white to form a complete C-ring, forming a comprehensive and strongest structural protection, so that the second-row passengers are always in the safest "C position".

Each Krypton 009 radiance is the only one in the world, priced at 789,000 yuan

Secondly, it is the world’s first accompanying airbag. Different from traditional fixed airbags, JK 009 Glory has specially developed accompanying airbags embedded in the rear seats. Among them, the seat cushion accompanying airbag under the seat, combined with the integrated seat belt, can firmly fix the passenger on the safest C-ring seat in the event of a collision; the head-chest integrated accompanying side airbag in the seat back can be deployed from 115 degrees to 155 degrees according to the passenger’s lying angle, especially for important parts of the body such as the head, neck, shoulders and chest, which can provide effective protection.

Each Krypton 009 radiance is the only one in the world, priced at 789,000 yuan

Extreme Krypton 009 Radiance is equipped with a full-stack 800V high-voltage system and a 108-degree ultra-fast charging 5C Kirin battery, with a CLTC cruising range of 702km; a high-performance four-wheel drive system with a peak power of 580kW, a maximum horsepower of 788 horsepower, and a zero-hundred acceleration of only 3.9s, making it the world’s fastest accelerating MPV; Extreme Krypton 009 Radiance is also the world’s fastest charging mass-produced pure electric model, with a SoC charging from 10% to 80%, only 11 and a half minutes, and a cruising range of more than 500km.

Each Krypton 009 radiance is the only one in the world, priced at 789,000 yuan

Extreme krypton magic carpet dual-cavity air suspension, based on the active suspension composed of CCD electromagnetic vibration damping and dual-cavity air suspension, adds the "intelligent magic carpet" function to connect the vehicle chassis domain and intelligent driving domain, and uses the on-board active perception system, as well as perception and decision-making algorithms, to intelligently identify obstacles and realize millisecond adjustment of suspension softness and hardness, becoming the four MPVs with the fastest chassis response speed in the world.

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Details hidden in Hengda’s annual report： two years of loss of more than 160,000 employees, Xia Haijun’s annual salary from 200 million to 140,000

　　On the evening of August 16, China Evergrande disclosed its complete annual reports for 2021 and 2022. Compared with the financial report released in mid-July, the disclosed annual report is more complete, from which more details of Evergrande’s corporate governance in the past two years can be glimpsed.

　　It is worth noting that when listing the rights and interests of major shareholders, the 2022 annual report did not indicate the relationship between Ding Yumei, one of the shareholders, and Xu Jiayin, but only referred to as "Ding Yumei". Compared with Evergrande’s previous 2021 interim report, Ding Yumei, the main shareholder, was referred to as "Mrs. Xu" rather than "Ding Yumei", or "Professor Xu Jiayin’s spouse, Ms. Ding Yumei".

　　In addition, in 2022, Evergrande lost a total of 58,077 employees, with a total attrition rate of 36%; in 2021, it lost a total of 102,340 employees, with a total attrition rate of 46%. Xia Haijun, known as the "working emperor", also saw his salary shrink significantly in 2022.

　　At the same time, Evergrande announced that in order to allow creditors under the Evergrande Agreement Arrangement time to consider the proposed subscription and its impact on Evergrande Agreement Arrangement creditors, the company has decided to postpone and reconvene the Evergrande Agreement Arrangement Meeting, and at the same time postpone and reconvene the Jingcheng Agreement Arrangement Meeting and the Space-based Agreement Arrangement Meeting, in order to be consistent with the schedule of the postponed and reconvened Evergrande Agreement Arrangement Meeting. The Hong Kong Evergrande Class A Agreement Arrangement Meeting will be postponed to the afternoon of August 28, 2023.

　　Xu Jiayin, chairperson of the board of directors of China Evergrande, said in the 2022 annual report released on August 16 that in line with the principle of respecting the principles of international restructuring, justice and fairness to the existing rights and requirements of all creditors, the company and its advisory team continue to conduct in-depth and detailed consultations with overseas creditors, and carry out multiple rounds of communication on the details of the restructuring plan, and steadily advance the formulation of the overseas debt restructuring plan. "Looking to the future, the company will make every effort to ensure the steady and orderly progress of key work such as’Guaranteed Jiaojiao Building ‘, do a good job in the continuous operation of new energy vehicles, property services and other sectors, explore the efficient disposal and effective revitalization of the company’s core assets, and steadily promote risk mitigation."

　　Over 160,000 employees in two years

　　According to China Evergrande 2021-2022 Environmental, Social and Governance Report, as of December 31, 2022, Evergrande Group had a total of 10,2910 employees (including 4,506 employees of Evergrande Automobile and 72,076 employees of Evergrande Property), and the number of employees in the real estate development and construction system decreased by 36.9% compared with the end of 2021. Correspondingly, Evergrande’s total employee cost (including director’s remuneration) fell from 14.07 billion yuan in 2021 to 4.63 billion yuan.

　　In 2022, Evergrande lost a total of 58,077 employees, with a total attrition rate of 36%; in 2021, it lost a total of 102,340 employees, with a total attrition rate of 46%. Of the approximately 58,000 employees who lost last year, the general staff 54,900, with an attrition rate of 38%; the attrition rate of middle and senior managers was 19%; and the attrition rate of leadership was 10%.

　　At the same time, as of December 31, 2022, Evergrande Group recruited a total of 40,120 new employees, and its total new recruitment ratio was 39%. Among them, general employees recruited the most, about 39,300 people, accounting for about 44%.

　　It is worth noting that when listing the rights and interests of major shareholders, in the 2022 Evergrande annual report released this time, the relationship between Ding Yumei, one of the shareholders, and Xu Jiayin was not specified, and only "Ding Yumei" was called. Compared with Evergrande’s previous 2021 interim report, Ding Yumei, the main shareholder, was referred to as "Mrs. Xu" rather than "Ding Yumei" or "Ms. Ding Yumei, the spouse of Professor Xu Jiayin".

　　In addition, Xin Xin (BVI) Co., Ltd., the actual controller of Evergrande Group, was only noted in the 2022 annual report as "beneficially owned by Professor Xu Jiayin". Compared with the 2022 interim report, the statement is that "according to the Securities and Futures Ordinance, the interests of Xin Xin (BVI) Co., Ltd. in the company are also deemed to be held by Mrs. Xu".

　　Evergrande’s announcement on August 14 described Ms. Ding as a "third party independent of the company and its connected persons" and that she also held about 5.99 per cent of China Evergrande’s total outstanding shares.

　　"The announcement has made it clear that Ding Yumei is a third party independent of the company and related persons. If it is a spouse, the statement of the announcement should not be a third party independent of related persons, but the actual divorce should be subject to the civil affairs department."

　　Ding Yumei was publicly disclosed as Xu Jiayin’s spouse, most recently in late 2021. According to the reporter’s inquiry, the Hong Kong Stock Exchange disclosed that Xu Jiayin and his subsidiaries provided as security to people other than qualified lenders as a guarantee, which caused the nature of the share interest to change. The document shows that Xu Jiayin’s spouse information column is Ding Yumei.

　　Salary reduced from 200 million to 21.23 million

　　As of December 31, 2022, Hengda Group’s directors and top executives were paid a total of 79.952 million yuan, of which Xu Jiayin’s salary totaled 126,000 yuan, executive director and president Sean’s salary was 24.52 million yuan, and Xia Haijun, known as the "working emperor", was paid 2123.1 yuan.

　　However, in response to the annual salary of some executives at Evergrande exceeding 10 million yuan, Evergrande responded on August 17 that it was a misunderstanding.

　　Taking the salary of Xia Haijun, the former president of Evergrande Group, as an example, the annual report shows that his salary in 2022 is 21.23 million yuan, including salary 7,000 yuan, director’s robe gold 134,000 yuan and option income 21.08 million yuan (unredeemable). Evergrande responded that according to Hong Kong’s financial accounting rules, even if the option cannot be redeemed, it needs to be included in the salary according to the assessed value of the option when it is issued, so the salary shown in the annual report is not the real income of executives.

　　In terms of robe gold and salary alone, Xia Haijun’s salary last year was about 141,000 yuan. But in the 2021 annual report disclosed by Evergrande, Xia Haijun’s salary alone was as high as 149 million yuan, with a total salary of 202 million yuan. In 2020, Xia Haijun’s salary when he was the CEO of Evergrande was also 165 million yuan, with a total salary of 204 million yuan.

　　It is understood that since the second half of 2021, Hengda has started the work of streamlining, optimizing personnel and reducing salaries significantly, among which the headquarters departments have been streamlined from 31 to 11, the headquarters management staff has been streamlined from 2,176 to 617, and the monthly salary of the president and executive vice president has been reduced to 10,000 yuan.

　　The reason why Xia Haijun is called the "working emperor" is that his annual salary at Evergrande is as high as 200 million yuan. In 2017, Forbes released the "Hong Kong Listed Chinese Stock CEO Salary List", Xia Haijun topped the list with 270 million yuan, and Yu Liang’s annual salary on the list was 9.79 million yuan and Mo Bin’s annual salary was 6.058 million yuan.

　　According to public information, Xia Haijun was born in Harbin in 1964 and graduated from Central South University and Jinan University with a bachelor’s degree in metal materials, a master’s degree in business administration (MBA), and a doctorate in industrial economics.

　　In 2007, Xu Jiayin spent a lot of effort to recruit Xia Haijun, and has been Xu Jiayin’s right-hand man since then, becoming the vice chairperson of the board of directors and president of Evergrande. But in July last year, the relevant banks enforced the deposit pledge of about 13.40 billion yuan in Evergrande Property. Xia Haijun, Pan Darong and Ke Peng, the then chief executive of Evergrande Real Estate, were all asked to resign.

　　In February this year, Hengda Property 13.40 billion yuan independent investigation of the main results announced, after the investigation, the independent committee does not recommend the restoration of Xia Haijun and other three original positions.

　　Xia Haijun’s most recent public appearance was in June 2021, according to media reports published on Hengda Group’s official Weibo, when Hengda Group and China Petrochemical Group’s strategic cooperation signing ceremony was held in Beijing. Ling Yiqun, deputy general manager of Sinopec, and Xia Haijun, president of Hengda Group, signed a strategic cooperation agreement on behalf of both parties. Zhang Yuzhuo, chairperson of Sinopec, and Xu Jiayin, chairperson of Hengda Group, attended the event and witnessed the signing.