On some conjectures by Lu and Wenzel

In order to give a unified generalization of the BW inequality and the DDVV inequality, Lu and Wenzel proposed three Conjectures 1, 2, 3 and an open Question 1 in 2016. In this paper we discuss further these conjectures and put forward several new conjectures which will be shown equivalent to Conjecture 2. In particular, we prove Conjecture 2 and hence all conjectures in some special cases. For Conjecture 3, we obtain a bigger upper bound $2+\sqrt{10}/2$, and we also give a weaker answer for the more general Question 1. In addition, we obtain some new simple proofs of the complex BW inequality and the condition for equality.