Nongfu Spring, who was scolded by the whole network, made 12 billion last year

Original, Gao Yuzhe, Leopard Transformation

"Core Tips"

Nongfu Spring, which has encountered a huge public opinion storm, has achieved a "two-legged" balance of water and beverages in 2023. However, under the multiple pressures of negative public opinion, upgraded health needs, and intense competition, can the "Porter of Nature" hold the top spot?

Author | Gao Yuzhe

Editing | Xing, Yun

Under the storm, Nongfu Spring still handed over a dazzling financial report.

On the evening of March 26, Nongfu Spring announced on the Hong Kong Stock Exchange that the total revenue in 2023 was 42.667 billion yuan, an increase of 28.4% year-on-year; the net profit attributable to the parent was 12.079 billion yuan, an increase of 42.2% year-on-year. During the reporting period, Nongfu Spring’s gross profit margin increased by 2.1 percentage points from 57.4% in the same period of the previous year to 59.5%.

As of the close of March 27, Nongfu Spring closed at HK $41.25/share, down 1.08%, and the total market value 463.90 billion. In the recently released "2024 Hurun Global Rich List", Nongfu Spring founder and chairperson Zhong Shanyi became China’s richest man for four consecutive years with a wealth of 450 billion yuan.

The annual growth performance is really gratifying, but recently Nongfu Spring has also encountered the biggest public opinion storm since its listing. Since the death of Wahaha founder Zong Qinghou, Nongfu Spring’s market value has evaporated by more than 30 billion Hong Kong dollars, and product sales have also been affected to a certain extent.

It is worth noting that the most eye-catching packaged drinking water in Nongfu Spring in fiscal 2022 contributed 54.9% of total revenue; this proportion dropped to 47.5% in 2023. At the same time, the beverage business grew rapidly, accounting for 51.7% of total revenue, surpassing packaged drinking water for the first time.

Under the upheaval of public opinion and the escalation of health needs, can the "porter of nature" hold the top spot? Drinking water bosses want to be the "beverage brother"?

How much money can "porters" make?

At the beginning of 2024, the bottled water industry staged a leading "melee".

The death of private entrepreneur Zong Qinghou and his past have caused the public’s favorable impression of the Wahaha brand to rise sharply. In addition to the hot search on Wahaha frequency and the soaring sales volume, Nongfu Spring has also been mired in the storm of public opinion. The past between Zong Qinghou and Zhong Shansui has been extended as a story of "Farmer and Snake".

With the fermentation of the incident, the sales of Nongfu Spring were affected. Some media reported that the single-day sales of Nongfu Spring e-commerce platform even dropped from over one million yuan to 50,000 yuan. At present, this storm has not completely subsided. Whether the operating performance of Nongfu Spring will have an impact will be reflected in the first quarter financial report.

The financial report for 2023 once again demonstrates the stable foundation of Nongfu Spring. As a company with a gross profit margin of up to 60%, its revenue and net profit still maintain a good growth rate.

Looking back at the financial reports from 2020 to 2022, the revenue of Nongfu Spring was 22.877 billion yuan, 29.696 billion yuan and 33.239 billion yuan respectively, and the revenue increased by 10.362 billion in three years; to 2023, it increased by nearly 10 billion in only one year.

In terms of net profit, from 2020 to 2022, the net profit attributable to the mother in the same period was 5.277 billion yuan, 7.162 billion yuan and 8.495 billion yuan respectively; in 2023, the net profit of Nongfu Spring was 12.079 billion yuan, an increase of 42.2% year-on-year, and the growth rate increased by 23.6 percentage points compared with the previous year.

Not only did the growth rate of net profit accelerate, but by contrast, the growth rate of net profit exceeded that of revenue.

In China’s packaged drinking water market, Nongfu Spring has always occupied the highest market share. China Resources Yibao, ranked second, did not disclose revenue data for the year in its 2022 sustainability report, only showing a total profit of 1.375 billion yuan.

The earnings report of Nongfu Spring shows that the increase in net profit in 2023 is mainly due to the decrease in the procurement cost of cartons, labels and some raw materials compared with the same period of the previous year. Among the four business segments of Nongfu Spring, the well-known packaged drinking water is the basic plate of its business performance. To a large extent, Nongfu Spring’s strong profitability comes from the high gross profit margin of drinking water.

Why is the gross profit so high? It is because the cost is extremely low. With a gross profit margin of 60%, the unit price of mineral water of 2 yuan is only about 8 cents, and the gross profit is 1.2 yuan. Some media have calculated that, taking each bottle of 400ml packaging water as an example, the polymer PET (polyethylene terephthalate) used to make the bottle costs about 6 cents for materials, about 3 cents for packaging materials (heat shrinkable film, etc.), and about 8 cents for water extraction, labor, and processing. This means that the cost mainly comes from packaging.

The financial report shows that the revenue of Nongfu Spring Packaged Water in 2023 was 20.26 billion yuan, an increase of 10.9% year-on-year. Although the growth rate rebounded from the previous year, it was the lowest among the four major businesses. Obviously, the slowdown in the growth rate of the basic market also brought reminders to the running giants.

Looking for the next eastern leaf

From the perspective of the growth of various businesses, the proportion of beverages in the total revenue of Farmer Mountain has reached more than half, and the first super-packaged drinking water, especially tea beverages, has seen strong growth, further raising the company’s competitive barriers.

Nongfu Spring is divided into four business segments: packaged drinking water represented by bottled water; that is, the tea-drinking segment includes brands such as tea π and Oriental leaves, which have become the second growth curve; functional drinks and juice drinks in a diverse layout, with a large number of products, are regarded as the third growth curve.

Tea products recorded annual revenue of 12.659 billion yuan in 2023, an increase of 83.3% over 2022, accounting for 29.7% of total revenue in 2023. It is worth noting that the revenue scale of this sector in 2022 is nearly 7 billion, with revenue accounting for only 20.8% of the total, indicating that the second growth curve is rising rapidly.

The two largest single products in tea beverage products are Oriental Leaf and Tea Pi, and the sugar-free tea track where Oriental Leaf is located has become a star track in the consumption trend in recent years, and Oriental Leaf is even more powerful.

According to Nielsen data, as of August 2023, Oriental leaves have increased by 114% year-on-year in the past 12 months, outpacing the overall growth rate of the ready-to-drink tea industry by 9 times. Oriental leaves, together with tea π, contributed more than 60% of the increase in the entire ready-to-drink tea market. Oriental leaves have maintained a growth rate of more than 50% for three consecutive years.

Although Nongfu Spring launched the Oriental Leaf product as early as 13 years ago, from a historical perspective, Suntory entered the Chinese market in 1997. Three years later, Coca-Cola and Nestle have successively launched sugar-free and calorie-free products.

At that time, people were enthusiastic about "small sweet water" with high sugar content, including Master Kong’s star single iced black tea, and the Arctic Ocean visible on the streets of Beijing. Not only was the faint oriental leaf mocked, it was also named one of the five worst drinks in China, and even called "dishwashing water".

Oriental leaves can enter the consumer’s line of sight, on the one hand is the increase of people’s health awareness, on the other hand is the rise of the cutting-edge brand Yuan Qi Sen Lin, under the trend of the new consumer era, 0 sugar 0 fat overnight became the standard for young people.

Sugar-free tea is becoming a new trend. Euromonitor data shows that the growth rate of sugar-free tea in China far exceeds that of other tea tracks. From 2017 to 2022, sugary tea has entered a low growth rate, while sugar-free tea will maintain a growth rate of 7.9% in 2022, much higher than that of sugary tea. It is expected that the CAGR of sugar-free tea market will reach 10.2% in 2022-2027.

The rise of the track has inspired new and old players to enter the game. Among them, there are traditional brands represented by Nongfu Spring, Wahaha, Dongpeng Beverage, etc.; there are also new brands represented by Yuan Qi Sen Lin, Chali, tea’stone, etc.

Although Dongfang Leaf has obvious advantages, the entry of various brands has also put huge pressure on the market competition. Yuan Qi Sen Lin’s sugar-free tea product Burning Tea has specifications covering 500ml, 550ml, 600ml and 900ml; Dongpeng Beverage’s Oolong tea launched in 2023 is only 69.9 yuan after 24 bottles are discounted.

Faced with the growth rate of the subdivision track, once it enters the stage of large-scale competition and price war, it will be a big challenge for each company. Moreover, the emerging track market barriers are not large, and young consumers are willing to try early adopters, etc., all of which determine that in addition to the dark horse of Oriental Leaves, it is more secure to create the next star single product.

Chasing 50 billion camp, competing to be the drink brother

In comparison to the packaged drinking water and tea beverage segments, fruit juice beverages and functional beverages performed slightly conservatively in the 2023 full-year financial report.

Nongfu Spring financial report shows that in 2023 functional beverage products recorded annual revenue of 4.90 billion yuan, an increase of 27.7%, accounting for 11.5% of total revenue in 2023; fruit juice beverage product revenue 3.53 billion yuan, an increase of 22.7%, accounting for 8.3% of total revenue in 2023, a decrease.

As the third growth sector in the early layout of Nongfu Spring, there are many competitors in the functional and juice beverage track.

It has a wide range of products, including Screaming, Water Soluble C100, NFC 17.5 °, Power Emperor, etc. In 2023, Nongfu Spring will also continue to introduce new flavors in this field.

However, from the perspective of the industry as a whole, Nongfu Spring’s market share is relatively low. In functional drinks, a larger market share is occupied by Red Bull, Dongpeng Special Drink, and Pulse. In 2021, Red Bull’s market share will exceed 50%, ranking first in the industry; followed by Dongpeng Special Drink and Pulse, accounting for 12% and 7% respectively; the cutting-edge brand Yuan Qi Sen Lin entered the market in 2021 and launched Alien Electrolyte Water in April. A year later, Alien Electrolyte Water became Yuan Qi Sen Lin’s knock-out product to create the second curve.

In the field of juice beverages, Coca-Cola, Huiyuan Juice, and Weiquan Food are the industry leaders, with a market share of the top three, all exceeding 10%. To lead the industry, Nongfu Spring has to face multiple rivals.

As the proportion of beverages continues to increase, Nongfu Spring has realized that water and beverages "walk on two legs".

In most consumers’ minds, "Farmer Mountain is a little sweet" "We don’t produce water, we are just nature’s porters" has long been a popular advertising slogan. In fact, the total revenue of unlisted Wahaha has always been higher than that of Farmer Spring.

In China’s beverage industry, Wahaha is the real leader. From 2021 to 2023, the total revenue of Nongfu Spring is 29.696 billion, 33.239 billion and 42.667 billion; and in 2021, Wahaha’s revenue has exceeded 50 billion. According to the data of the All-China Federation of Industry and Commerce and the summary and commendation conference of Wahaha Group in 2023, Wahaha has maintained a total revenue of more than 50 billion yuan for three consecutive years.

To achieve 50 billion record, there is also the low-key Master Kong. In public cognition, the first thing that comes to mind when mentioning Master Kong is "instant noodles", which is also a leading player in the beverage industry. 2023 annual financial report shows that Master Kong’s beverage growth is slow, but the overall revenue of drinks in 2023 still reached 50.939 billion yuan. Because the gross profit margin of drinks is higher than that of instant noodles, Master Kong has already shifted its business focus to drinks, accounting for more than 60% of the business.

It can be seen that Zhong Shanshan, who has the "richest man" aura, and Nongfu Spring under his leadership, still have many competitors to defeat if they want to become the hegemon of the beverage industry.

Nongfu Spring has indeed laid a solid foundation in the field of bottled water, and the product line in the beverage matrix is also relatively rich, but in the competition for the hegemony of new and old brands, it has the voice over the hands of consumers. Coupled with the fungibility of the drink itself and the diversification of the purchase scene, the era of once relying on a slogan to go the world is gone. To face new brands and strive to be "the first brother of drinks", Nongfu Spring still has to solve problems.

Which drinks do you buy most often?

Original title: "Nongfu Spring, scolded by the whole network, earned 12 billion last year"

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No blowing, no black: ask the world how the M9 is, the new height of autonomous full-size SUVs

No matter whether it is a fuel vehicle or a new energy vehicle, as long as it meets consumer demand, it is a good car. What I want to introduce to you today is. Now let’s follow the editor to see what its performance is.

Let’s take a look at the appearance of the M9. The front face of the M9 is in line with the consumer’s aesthetics and looks more dynamic. Coupled with the domineering headlights, the visual effect coincides with the positioning of the whole vehicle. The car is equipped with LED daytime running lights, automatic opening and closing, adaptive far and near light, automatic steering, delayed closing, etc. To the side of the body, the body size of the car is 5230MM*1999MM*1800MM, the car adopts a stable and atmospheric line, the side looks very beautiful, with large-sized thick-walled tires, the overall visual effect is very fashionable and dynamic. In terms of the rear, the rear looks more fashionable and atmospheric, the tail lights are very deep, and the overall shape is still very durable.

When you come into the car, the interior design is relatively deep, which is in line with the positioning of the car. The steering wheel design of the car is very domineering, and it is made of genuine leather, giving people a bright feeling. From the perspective of the central control, the design of the center console is reasonable, which makes the interior design quite layered and looks very eye-catching. The interior feels good. Let’s take a look at the dashboard and seats. The dashboard of the car presents a dynamic and lively design style, and the display effect is excellent. The car adopts leather seats, and the seats are wrapped in place for overall comfort.

Q Jie M9 matching gearbox, 390KW, 673N.m, power performance is good.

Next, take a look at the configuration, ask the world M9 equipped with vehicle to everything, driving mode selection, remote control key, Bluetooth key, smart bracelet key, NFC/RFID key, UWB digital key, rear wipers, car ambient lights and other configurations.

After reading the above introduction, let’s make a summary again. Today’s M9 is not only eye-catching in terms of space, but also has reached the mainstream level in various configurations, and the driving experience and space experience are not picky.

Miss Dong, be careful! Lei Jun is doing air conditioning again 1 billion the bet is about to expire!

  How to take the call?

  Someone else wants to get a share of the air-conditioning market. This time, it has been replaced by a Xiaomi ecological chain enterprise. How will Dong Mingzhu fight back?

  On August 10, Zhimi Technology held a new product launch conference in Beijing and officially released its first new air conditioner, Zhimi Full DC Inverter Air Conditioning, priced at 4,399 yuan. The air conditioner model released this time is KFR-35GW/02ZM (M1), and the manufacturer is Sichuan Changhong Air Conditioning Co., Ltd., which directly refers to Gree’s main business.

  Zhimi happens to be the ecological chain enterprise of Xiaomi, and now it is directly targeting Gree’s main business. This can’t help but make the outside world speculate that as Dong Mingzhu and Lei Jun 1 billion the deadline of the bet is getting closer and closer, the two seem to be becoming more and more hard, just like a master trick, the powerful tricks are often left to the end.

  Interestingly, before the release of Zhimi Air Conditioning, Gree employees have been working overtime to insist on production, and Gree Electric Appliances will issue a high temperature subsidy of 1,000 yuan for all employees in the peak season. It is initially expected that Gree Electric Appliances will issue a total of over 80 million yuan in additional high temperature subsidies this time.

  The Mystery of Zhimi’s Life Story

  What is the relationship between Zhimi and Lei Jun? Let’s take a look at Xiaomi’s statement.

  On the afternoon of August 10, Xiaomi employees gave the answer: Dear media bosses, the company that released new products such as air conditioners today is Zhimi, not Xiaomi. They are also a company with a valuation of 1 billion dollars…

  Could it be that Zhimi is just an ecological chain enterprise of Xiaomi, and it is as simple as a cooperative relationship with Xiaomi rather than an affiliation? Xiaomi’s deliberate emphasis on ecological chain enterprises is to downplay that no matter what air conditioner is made, it has nothing to do with Dong Mingzhu and Lei Jun’s gambling game?

  Went to pick up the development of Zhimi. Zhimi’s A round of financing was led by Lei Jun’s Shunwei Capital, and the company was valued at $250 million at that time. In 2016, Zhimi received a $50 million B round of financing led by GIC (Singapore Government Investment Corporation), and the valuation instantly soared to $1 billion.

  It is worth noting that part of the sales of this air conditioner from Zhimi will still be included in Xiaomi’s revenue. Zhimi’s press conference mentioned that this air conditioner will be launched on the Mijia Youpin platform of Xiaomi’s boutique lifestyle e-commerce company. Xiaomi said that sales through Xiaomi channels will be included in Xiaomi’s revenue, but sales in other channels will not be included.

  In addition, through the enterprise inquiry website, it can be found that there are currently only two shareholders of Zhimi Company, one is Su Jun, CEO of Zhimi Technology, who invests 5%. At the same time, Su Jun is also the person in charge of Xiaomi Air Purifier, and the other is Liu De, co-founder and vice president of Xiaomi Technology, who invests up to 95%.

  The Xiaomi air purifier is the flagship of Xiaomi’s smart home products, and it is also the first product to detonate for home users. It has also been an important product at several Xiaomi conferences in the past.

  Lei Jun was the first to enter Dong Mingzhu’s hinterland

  Of course, regardless of the relationship between Zhimi and Xiaomi, many people choose this as another move between Lei Jun and Dong Mingzhu.

  In 2013, at the CCTV Economic Person of the Year Awards Gala, Lei Jun made a bet to Dong Mingzhu, saying, "If Xiaomi can’t beat Gree in turnover within five years, it will lose to Dong Mingzhu by one dollar." Dong Mingzhu did not show weakness, directly contradicting Lei Jun’s views and implying that it is difficult for companies that only focus on marketing to thrive, and said, "Don’t mention it again for one dollar. If you want to bet, you can bet 1 billion yuan."

  Lei Jun was the first to make a move. In December 2014, Midea Group announced that it had signed a strategic cooperation agreement with Xiaomi Technology. After the completion of the issuance of shares, Xiaomi Technology will hold 55 million shares of the company, accounting for 1.288% of the company’s total share capital after the issuance. Xiaomi can nominate one of its core senior management personnel as a director of Midea.

  In fact, Xiaomi’s involvement in air conditioning is not just to gamble with Dong Mingzhu. The core of Xiaomi’s ecosystem is to control users’ end points through mobile phones and establish complete connections. Whether it is Xiaomi itself or the ecological chain enterprises, they are building a complete intelligent end point and service ecosystem around Xiaomi’s ecosystem in products and services.

  "Big and complete" is Lei Jun’s desire and Xiaomi’s ultimate goal. From the current product line, Mijia products under Xiaomi’s ecological chain have covered all kinds of household appliances from kitchen to living room to bedroom. Air conditioners are still blank, but air conditioners are traditional household appliances, and the investment in production lines and personnel is far beyond what an Internet company can support. It is best to hand them over to ecological chain enterprises.

  Investing in Midea was the first step to complete the product layout. Not long after the investment, on June 30, 2015, Xiaomi jointly held a media communication meeting with Midea and officially released the i Youth Smart Air Conditioning. However, the sales of this air conditioner were not as good as Lei Jun had imagined. It didn’t take long for the i Youth Smart Air Conditioning to be removed from the shelves of Xiaomi Mall.

  At that time, when the media interviewed Dong Mingzhu, they asked about the cooperation between Xiaomi and Midea. She said: "I heard that Xiaomi and Midea have cooperated, and Dong Mingzhu is a little anxious. What am I anxious about? Midea’s patent court for stealing Gree ordered you to pay me two million. The two scammers are together, and they are a group of thieves. If one day you have more patents than me and your quality is better than mine, I’m really in a hurry. I have to change myself. I’m going to cheer."

  In addition to the public opinion that Dong Mingzhu did not admit defeat, in terms of business, Gree began to move towards Xiaomi’s core mobile phone business.

  Dong Mingzhu Gree mobile phone hits back at Xiaomi

  In early January 2015, Dong Mingzhu said that "Gree makes mobile phones and destroys Xiaomi in minutes". Then in March, she said that Gree mobile phones will soon be listed. Until the shareholders’ meeting in June of that year, Dong Mingzhu also stressed that there should be no big problem in the future target 50 million department.

  This scene made many people quite puzzled. What made the air conditioner maker run to make a mobile phone, and the mobile phone maker came to make an air conditioner instead?

  When Gree mobile phone first came out, it attracted a lot of attention. As the leading player in the air-conditioning industry, it crossed the border into the red sea of competition for mobile phone manufacturers, and it was paired with Dong Mingzhu, a "fast-talking" Internet celebrity chairperson, who could be said to have attracted a lot of attention.

  But for a long time after that, Gree mobile phones were limited to internal purchases, not only as an annual bonus for employees, but also as a reward for dealers.

  In fact, Gree has released a total of 3 mobile phones, sales are not satisfactory. The first generation of Gree mobile phone sales are less than 100,000, the second generation of Gree mobile phone is still on sale has been listed for a year, online sales are only about 25,000, the third color world mobile phone listed this year, the official website sales show only about 8000.

  In this way, the sales of Gree mobile phones are almost 2,000 times worse than Dong Mingzhu’s "small goal" of selling 50 million units a year. It seems that Dong Mingzhu wants to make mobile phones is not so easy.

  Enter the air conditioner market for the second time with a makeover

  I youth intelligent air conditioning did not let millet and Lei Jun give up, this time a makeover into the smart rice to enter the air conditioning market again, but allies replaced Changhong.

  Why did Zhimi choose Changhong? It is reported that after the acquisition of Meiling, Changhong has a technical research and development team of more than 2,000 people, and has many patented technologies. For example, 0.1 degree subtle sensing technology, silent air duct technology, etc. Zhimi air conditioners find Changhong to OEM, at least to ensure that the technology is leading and the quality is guaranteed. Another important reason is that Changhong’s ranking in the field of air conditioners directly determines that Changhong will not abandon Zhimi like Midea did at the beginning.

  On Changhong’s side, in 2015, Changhong’s financial report showed a huge loss of nearly 2 billion yuan, while the 2016 annual report showed that Changhong turned losses into profits and realized a net profit of 555 million yuan.

  However, from the content of the annual report, it can be seen that the main reason for Changhong’s turnaround in 2016 was the operation of color TV, IT distribution, company operations, and capital. The annual report did not mention the air-conditioning business.

  Simply put, what Zhimi needs is Changhong’s technical team, and Changhong needs the Xiaomi brand effect and Internet marketing thinking behind Zhimi. Neither of them means that anyone clings to each other, and the goal is to achieve a win-win situation.

  Next, let’s see how Miss Dong takes the call.

Li Shufu: Will not give up fuel vehicles easily; Hangzhou Binjiang Cheng Real Estate "dark horse"

  Macroeconomics

  Xinhua News Agency: The press conference of the second session of the 14th National Committee of the Chinese People’s Political Consultative Conference was held on the afternoon of March 3. Liu Jieyi, the spokesperson of the conference, introduced the relevant situation of the conference to Chinese and foreign media and answered questions from reporters. Liu Jieyi introduced that the second session of the 14th National Committee of the Chinese People’s Political Consultative Conference will open at 3:00 pm on March 4 and close on the morning of March 10 for a period of 6 days.

  CCTV News: On March 1, Li Qiang presided over an executive meeting of the State Council to consider and approve the Action Plan for Promoting Large-scale Equipment Update and Trade-in of Consumer Goods. The meeting pointed out that promoting a new round of large-scale equipment update and trade-in of consumer goods is a major decision made by the Party Central Committee with an eye on the overall situation of high-quality development in our country. In accordance with the deployment requirements of the Party Central Committee, adhere to the market-oriented, government-guided, insist on encouraging the advanced and eliminating the backward, adhere to the standard-led, orderly improvement, pay close attention to the improvement of the plan, carefully organize the implementation, and promote the continuous increase of the proportion of advanced production capacity. More high-quality durable consumer goods enter the lives of residents, so that this work It is necessary to combine the needs of various types of equipment and consumer goods for replacement and differentiation, increase fiscal, taxation, financial and other policy support, better play the role of energy consumption, emissions, technology and other standards, and orderly promote the upgrading of equipment in key industries, construction and municipal infrastructure, transportation equipment and old agricultural machinery, education and medical equipment, and actively carry out the trade-in of consumer goods such as automobiles and home appliances to form a scale effect of replacement.

  CCTV: Li Qiang presided over an executive meeting of the State Council to study and accelerate the construction of a modern infrastructure system, continue to deepen it, and promote the integrated high-quality development of the Yangtze River Delta.

  China Central Broadcasting Network: On March 1, Tian Xuan, a deputy to the National People’s Congress and deputy dean of Tsinghua University’s Pandaokou School of Finance, brought many suggestions during the National Two Sessions in 2023. Among them, for the reform of the trading system, Tian Xuan suggested gradually restoring the T + 0 stock trading system.

  China News Agency: In order to improve the convenience of foreign visitors to China using mobile payment, Zhang Qingsong, deputy governor of the People’s Bank of China, revealed at a briefing in Beijing on the 1st that the central bank has instructed major payment institutions such as Alipay and Tenpay to increase the single transaction limit for foreign visitors to China using mobile payment from $1,000 to $5,000, and the annual cumulative transaction limit from $10,000 to $50,000.

  Industry trends

  Interface: According to the website of the National Development and Reform Commission on March 2, recently, Comrade Zheng Zhajie, Secretary of the Party Group and Director of the National Development and Reform Commission, investigated the development of artificial intelligence industry in Beijing, and communicated with research institutions and enterprises such as Zhiyuan Research Institute, Baidu, Fourth Paradigm, and Baichuan Intelligence to encourage everyone to take the initiative to conform to the trend of scientific and technological revolution and industrial change, strengthen technology research and development, expand the application of industry empowerment, and accelerate the high-quality development of our country’s artificial intelligence industry.

  China Securities News: Recently, the State Data Administration, together with the National Development and Reform Commission and the Ministry of Industry and Information Technology, has focused on giving full play to the transmission efficiency of the "Eastern Digital and Western Computing" network, further improving the cost-effectiveness of enterprise network transmission, and listened to the opinions and suggestions of national hub node enterprises, data transmission demand enterprises, and telecom operators. It has studied and established a public transmission channel dedicated to national hub nodes to effectively improve the transmission efficiency of the "Eastern Digital and Western Computing" network. In the next step, the National Development and Reform Commission, the State Data Bureau, and the Ministry of Industry and Information Technology will guide (), China Unicom, () and other enterprises to strengthen innovation and exploration. In the near future, a "public transmission channel" of "eastern digital and western computing" will be piloted among some hub nodes to explore the use of a variety of service methods, enhance the level of inclusive and easy use, and effectively enhance the sense of acquisition of enterprises.

  Securities Daily: The first batch of 10 CSI A50ETFs has been raised, and the subscription amount of 4 products has exceeded the upper limit. Interviewees believe that the issuance of CSI A50ETF products will help facilitate the allocation of long-term domestic and foreign capital to class A share core assets. At the same time, the valuation of many leading stocks is still at a historical low.

  Xinhua News Agency: The Ministry of Housing and Urban-Rural Development recently held a national on-site meeting on the construction of affordable housing in Xi’an City, Shaanxi Province. The meeting called for all localities to fully understand the importance of affordable housing construction to benefiting people’s livelihood, stabilizing investment, and promoting transformation, enhance their sense of responsibility and mission, clarify the timetable, roadmap, and responsible persons, and speed up the construction of the project. If you see it, hurry up and do it. The person in charge emphasized at the meeting that increasing the construction and supply of affordable housing is conducive to accelerating the construction of a new model of real estate development, improving the housing supply system of "security + market", and meeting the rigid housing needs of wage and salary income groups. At the same time, it is necessary to speed up the planning of the second batch and follow-up projects. The second batch of projects should be reported in accordance with regulations, and follow-up project planning and reserves should be done well, and the rolling promotion mechanism of "implementing a batch, reserving a batch, and planning a batch" should be accelerated.

  CCTV News: Foreign Ministry Spokesperson Mao Ning said at a regular press conference held by the Ministry of Foreign Affairs on March 1 that the popularity of Chinese cars around the world does not depend on so-called unfair practices, but on technological innovation and excellent quality formed in fierce market competition. Mao Ning pointed out that this politicization of economic and trade issues will only hinder the development of the US auto industry. We urge the US to respect the laws of the market economy and the principle of fair competition, stop generalizing the concept of national security, stop discriminating against Chinese enterprises, and earnestly maintain an open, fair and non-discriminatory business environment.

  China Securities Journal: Data show that as of February 29, 2024, a total of 26 public fund companies had 43 executive job changes, that is, in the past two months, there will be an average of 1-2 days of executive changes, fund companies can be described as frequent "change of coach". Industry insiders say that market fluctuations and industry changes often test the ability of fund company executives to adapt, and fund companies are also taking advantage of the trend to change coaches.

  Surging News: Yan Bingzhu, the first chairperson of Bank of Beijing who was rumored to have "lost contact", has been investigated. The "Work Report at the Third Plenary Session of the 13th Beijing Municipal Commission for Discipline Inspection of the Communist Party of China" published by Beijing Daily on March 1 mentioned in the work review of 2023 that Xu Heyi, Yan Bingzhu, Zheng Zhiyong, Zhao Changshan and other municipal management bureau-level leading cadres were seriously investigated and punished for serious violations of discipline and law. This means that Yan Bingzhu, the former chairperson of Bank of Beijing, has been investigated and punished last year.

  Company News

  CCTV News: In the car ownership, traditional fuel vehicles account for the absolute majority. Although the sales of new energy vehicles are rising, fuel vehicles are still the main consumer of new cars. Geely will not give up the production of traditional cars easily. In a dialogue program broadcast by CCTV on March 2, Li Shufu, chairperson of Zhejiang Geely Holding Group Co., Ltd., made the above remarks.

  Economic Observer: On February 27, Hangzhou Binjiang Real Estate Group Joint Stock Company announced that the company recently obtained two new real estate projects, with a total land price of 4.063 billion yuan. According to the ranking released by the market institution Finger Research Institute, in the first two months of 2024, () achieved sales of 16.11 billion yuan, ranking seventh in the sales rankings of real estate enterprises; the amount of land acquired reached 6.70 billion yuan, ranking third in the list of land acquired by equity. If only ranked among private enterprises, Binjiang Group ranked first in these two indicators.

  21st Century Business Herald: After Alibaba Cloud announced the largest price reduction in history on February 29, JD.com Cloud announced on the same day that the price of all public cloud products will be 10% lower than the lowest actual transaction price of Alibaba Cloud official website, and promised to "buy expensive and pay". Industry analysts pointed out that the mainstream public cloud volume price is good news for the digital industry, indicating that the cost reduction brought about by technological progress continues to benefit social enterprises, and also shows that public cloud infrastructure has accelerated into the era of inclusion.

  Securities Times: On March 3, XPeng Motors announced that before March 31, 2024, Xiaopeng G6 models will be reduced by 20,000 yuan for a limited time, and the price will start from 189,900 yuan after the discount. Industry analysts pointed out that the growth rate of new energy vehicle companies in 2024 will be further pressured, so the price war led by the top car companies will continue, and the competition will be very fierce. At the same time, the decline in battery costs also provides some space for car companies to reduce prices.

  Shenzhen Business Daily: Recently, Yu Yongfu, chairperson of Local Life Group and CEO of Ele.me, will step down at the end of Alibaba’s fiscal year (March 31). This was announced by Alibaba CEO Wu Yongming in the form of an internal letter to all employees of Local Life Group. After Yu Yongfu’s departure, two core businesses of Alibaba Local Life Group – Ele.me and Autonavi will have chairperson and CEO respectively. The chairperson of Ele.me was taken over by Wu Zeming, CTO of Local Life Group, and the CEO was taken over by Han Liu, head of Hummingbird Distribution; the chairperson of Autonavi was taken over by President Liu Zhenfei, and COO Guo Ning was taken over as Autonavi CEO. The arrival of Wu Zeming and Han Liu, two Young Marshals, marks the new era of Ali Local Life entering the post-80s generation. This is also the latest move in Alibaba’s management rejuvenation reform.

  Financial Union News Agency: Many car companies have reduced prices. On March 1, Chery announced that the group officially launched the Ten Billion Subsidy replacement season. According to different models, the subsidy amount ranges from 3,000 to 40,000 yuan, including brands such as Chery, Xingtu, Jietu and iCAR; Changan Automobile launched the 10 billion preferential consumption season, and Changan Lumin has a maximum discount of 12,000 yuan. All models can also enjoy 0-interest financial gifts; Zhiji LS6 models launched "10,000 yuan cash for a limited time".

  Securities Times: On March 1, Li Auto’s 2024 spring press conference was held. At the event site, Li Auto founder and chairperson Li Xiang revealed that in the next few years, Li Auto will invest at least 6 billion yuan to build more than 5,000 directly operated 5C overcharging stations, so that the ideal 5C overcharging station can cover 95% of the country’s high-speed and important national highways. City charging stations using the franchise model will also be launched on a large scale in 2024.

  Interface News: On March 3, Xinhua Asset issued an announcement on the official account to clarify: Recently, the company has paid attention to false information about our company and Vanke Enterprise. "Vanke Enterprise is a leading enterprise in China’s real estate industry and has been maintaining normal business cooperation with our company. As a professional and responsible asset management company, our company is full of confidence in China’s economic development, resolutely serves the overall situation of National Strategy and Development, and supports the healthy development of China’s real estate industry." It is reported that in recent days, there have been rumors in the asset management circle that Vanke management has visited (), seeking to extend the non-standard bonds that have expired for a few more months.

  Important announcement

  Zhenyou Technology: Signed a purchase and sale contract for a $112 million satellite communication project

  (): The subsidiary plans to establish a 400 million yuan fund with GF Shinde, mainly investing in new energy industries such as photovoltaics and energy storage

  Sanli spectrum: 35 million yuan to acquire 1.47% state-owned equity of Hefei Sanli spectrum

  GCL Integration: 100 million yuan – 200 million yuan to buy back shares

  Fosun Pharmaceutical: Chairperson proposes 100 million yuan – 200 million yuan to buy back shares

  Tuojing Technology: 120 million yuan – 197 million yuan to buy back shares

  BAIC Blue Valley: This year’s cumulative sales fell by 43.2% year-on-year.

  Hanma Technology: Sales of medium and heavy trucks in February were 507, an increase of 32.72% year-on-year.

  Lutianhua: controlling shareholders intend to continue to increase holdings 50 million yuan – 100 million yuan

  CGN Technology: Controlling shareholders plan to increase their holdings of 6.5793 million shares – 1,315.86 million shares

  Double-ring transmission: plans to spin off subsidiary Huandong Technology to list on the Science and Technology Innovation Board

  HP: For suspected insider trading, the Securities Supervision Commission decided to file a case against director Li Songbai

  * ST Aidi: The company’s shares will be delisted on March 4, 2024

Mao Zedong told astronauts not to be proud and to launch more Chinese satellites

Meeting with representatives of the development and launch of satellites

Inspire the people of the whole country

On the night of the first International Labor Day in the 1970s, Mao Zedong met with representatives of the development and launch of Long March rockets and Dongfanghong satellites on the Tiananmen Gate, reflecting his concern for the aerospace industry and his encouragement to astronauts.

After the satellite launch was successful, Zhou Enlai arranged for the development and launch personnel to participate in the observation of the Tiananmen Gate Tower on the evening of the "May Day" International Labor Day.

▲ On May 1, 1970, Chairperson Mao received representatives of the personnel who developed and launched the "Dongfanghong-1" satellite

Warmly shake hands with the delegates, express condolences and congratulations

The seats of the delegates were carefully arranged at the exit of the elevator on the west side of the city building, which is where the central chiefs have to go back and forth. That night, Mao Zedong, Zhou Enlai and others accompanied Prince Sihanouk to the Tiananmen Gate Tower, and Chinese and foreign guests celebrated the festival of working people all over the world.

The leading comrades who specifically organized the implementation of the task, as well as the representatives of the research and development and launch test units, stood in formation on the long corridor to the right of Tiananmen Gate to watch the celebration.

Zhou Enlai guided Mao Zedong to the front of the team and introduced:

Chairperson, they are the staff representatives of the development and launch of satellites, and they just arrived in Beijing yesterday.

Mao Zedong smiled and happily shook hands with the delegates one by one, expressing his cordial condolences and congratulations.

The films shot by photographers back then left us with precious images, the excited smiles of astronauts and the images of shouting slogans, which have been indelibly recorded in the history of the development of New China and the struggles of astronauts.


▲ Mao Zedong and Zhou Enlai

The second handshake and the long viewing ceremony made the astronauts unforgettable

After the party, when Zhou Enlai led Mao Zedong to withdraw, he walked past the representatives of the satellite launch, who competed to shake hands with Mao Zedong for the second time.

At that time, Liu Fuyu, the leader of the electrical measurement team of the satellite assembly workshop who did not catch up with the first handshake, recalled this incident decades later:

By the time they arrived at Tiananmen Gate, the party had already begun.

Qian Xuesen said regretfully:

Chairperson Mao has already received our delegation, but you missed it.

Unexpectedly, Mao Zedong received the delegation for the second time, and he finally shook hands with Chairperson Mao happily.

The satellite launch was successful! Mao Zedong offered his condolences to Qian Xuesen’s team at the Tiananmen Gate and shook hands one by one.

There was another detail that also left a deep impression on the astronauts who attended the party. On the night of "May Day", Mao Zedong spent a long time in Tiananmen Square.

According to Wang Shengyuan, who was in charge of satellite surveying and received by Mao Zedong at the time, he recalled:

I remember Wei Tongtai (the head of the Seven Aircraft Department) said at the time that he had participated in three such celebrations. The first two times, Chairperson Mao left before the fireworks were released. This time Chairperson Mao was very happy and left after all the fireworks were released.

Mao Zedong cordially received the successful personnel who developed and launched satellites, which inspired the fighting spirit of the vast number of astronauts and encouraged the construction of a modern socialist power.

Tell the astronauts not to be proud

To launch more Chinese satellites

After China’s first satellite was launched, Mao Zedong brought up the topic of satellites many times in his conversations with foreign guests over the past two years.

The central idea we read from this is that China has only launched one satellite, which is nothing. Mao Zedong’s arguments at the time were quite intriguing.

Wang Zhanhua, a satellite launch representative who attended the "May Day" Tiananmen ceremony, recalled:

Chairperson Mao said to the people that there are more than 2,000 satellites in the sky, and we are only one in 2,000! Even if there are 2,000 satellites, we can’t be proud, otherwise we will go to the opposite side. This is a lesson. All of us were deeply encouraged and promptly organized all units to study Chairperson Mao’s instructions carefully.

The 2013 "Chronicle of Mao Zedong" revealed similar words from later Mao Zedong, and more than one time. Mao Zedong’s words are slightly different and his meaning is slightly different.

There are so many satellites rotating in the sky, and the Chinese satellite is not a big deal

"Not so much admiration" for China’s satellite launch. On July 13, 1970, Mao Zedong met with a French government delegation. When the guest said that President Pompidou admired China’s scientific efforts, Mao Zedong said:

Just started, experimental. China is not a big country, I don’t believe it when the newspapers say it.

When Bettencourt said she admired China for releasing its own satellites, Mao Zedong said:

I don’t admire it that much, it’s nothing. Because there are so many satellites in the sky, all of them belong to those two countries. What do our countries count as two satellites?

The word used here is "not so admired", which is a reversal of the idea that guests "admire China very much," so it is "nothing". It is "pitiful" to think that launching a satellite is "pitiful". It is said that foreigners "always blow us away".

On September 23, 1970, during a meeting with Vietnamese leaders, he said:

China is not a big country, but a medium country. I debated this issue with France Bettencourt. In a way, we are not even as good as France. How can we be considered a big country?

He always boasted to us that you put a satellite in the sky. I said there are so many satellites in the sky every day, and we only have one, what is it?

The word used here is "what"! Westerners always exaggerate. This conversation can also provide a footnote to our understanding of the debate on "admiration" and "disadmiration" in the July 13 conversation.

Mao Zedong receives foreign guests

Launching a satellite is very pitiful, worrying about how to improve the economy

On July 20, 1970, Mao Zedong met with Congolese guests and said:

There are too many people in China, which is not commensurate with economic development. You are worried about your economy now, and we are also worried about how to improve it. It is not about building a few atomic bombs and launching a few satellites, which is very pitiful. There are many man-made satellites in this sky, all of which are owned by the United States and the Soviet Union. Only France and Japan have run up there. Recently, China has run up one.

The word "pitiful" is used after enumerating the first few countries to launch satellites, and asking "how to get the economy going" is the important question. Humbly put "only two".

On the evening of July 10, 1972, during a meeting with French Foreign Minister Schumann at Zhongnanhai Swimming Pool, Mao Zedong said of the tensions between China and the Soviet Union:

You hit yours, I’ll hit mine. We’ll use the same method we used to hit Chiang Kai-shek and the Japanese.

There are not as many atomic bombs as the Soviet Union, and we only put two satellites in the sky.

The phrase used here is "only two", at a time when China’s space program is in full swing.

Using the afterglow of life to illuminate the future of China’s aerospace industry

In his later years, Mao Zedong’s health and energy were getting worse, but his gaze still did not leave China’s aerospace progress.

When the Dongfanghong satellite was in full swing, on June 17, 1968, Mao Zedong approved the development of the ocean-going survey ship project, code-named "718 Project", which was later named after Mao Zedong’s handwritten poem "Far View" by Marshal Ye Jianying. They participated in the measurement and control tasks of almost all major space activities after launching long-range carrier rockets into the Pacific Ocean (code-named "580 Project").

China’s first ocean-going survey researchers work on deck

On July 14, 1970, Mao Zedong read the National Defense Science and Technology Commission’s "Plan Report on Astronaut Selection" and directed the launch of China’s manned spaceflight program, code-named "714 Project", which was an early rehearsal of China’s manned spaceflight program.

On March 31, 1975, Mao Zedong read the "Report on the Development of Satellite Communication Problems in our country", code-named "Project 331", which led to the "Dongfanghong No. 2" communications satellite that later jumped 36,000 kilometers away from the earth.

On November 26, 1975, the ill Mao Zedong reviewed the report of our country’s launch of remote sensing satellites, and then reviewed the relevant information sent back by the satellites.

Mao Zedong’s earnest instructions and aerospace layout have made the vast number of astronauts modest and cautious, making persistent efforts to promote China’s aerospace industry to make great strides into space.



▲ Chairperson Mao at the meeting

Nowadays, two tapes of "The East is Red" music from space lie quietly in the display case of the Comrade Mao Zedong Memorial Hall, telling the touching story to future generations.

The music of "The East is Red" sings the song in the chest of Chinese astronauts, accompanied by the rhyme of building a aerospace power, and becomes a lasting song of singing China’s aerospace and Chinese dreams.

The emotions and longing of the Chinese people expressed in "The East is Red" complement each other with the great Chinese road, Chinese strength and Chinese spirit, and compose a beautiful movement of the great rejuvenation of the Chinese nation!

Jackie Chan is on the Internet again?

 The author of this article is @North of the Xiaowan family

Find everyone’s spiritual corner in the movie

Jackie Chan, who has been popular for more than 30 years, has once again set off a second wave of innovation on the Internet.

If you search for "Jackie Chan persuading you to learn" in Bilibili, you will get a lot of auto-tune remix-themed videos based on "Jackie Chan persuading you not to play games", which have accumulated more than 10 million views.

The content of these videos is mostly based on a program called "Jackie Chan Says".

In the show, Jackie Chan persuaded everyone of the dangers of the game: "In the game, no matter how powerful you are, it is fake, so don’t be obsessed with the power in the game, you must study hard and gain wisdom."

But the next second of the auto-tune remix-themed video was "sudden change of style", and immediately switched to various games endorsed by Jackie Chan. What "Mage control is strong, frost seconds are all over the audience.", "This game is really fun" and other game slogans are endless, which caught people off guard.

Original author of the video @ElizabethRat

The contrast between Jackie Chan in these two clips is not only interesting, but also sets off a wave of nostalgia. Everyone wants to know where this "Jackie Chan said" originated.

It turns out that this "Jackie Chan persuasion" is from the 2017 animation work "New Jackie Chan Adventures". After the animation is broadcast, Jackie Chan will personally appear at the end of the film to interact with the children and dictate the educational "Jackie Chan said".

Although "The Adventures of the New Jackie Chan" did not attract much attention, the familiar name and the scenes where Jackie Chan appeared in real life after each episode still evoked many childhood memories of the post-80s and 90s.

I believe that many young viewers, like Xiao Wan, grew up watching the cartoon "Jackie Chan Adventures".

The animation "Jackie Chan Adventures", which began broadcasting in North America in 2000, tells the story of Jackie Chan and his niece Xiaoyu exploring various mysterious and suspenseful mysteries around the world.

The animation combines Chinese kung fu, Japanese bushido, and Western fantasy, as well as superpowers and zodiac signs, making "Jackie Chan’s Adventures" not just a personal promotion for martial arts star Jackie Chan, but more like a cultural export to the world.

Even in today’s perspective, "Jackie Chan’s Adventures" can still be said to be unconventional and interesting, so much so that on today’s Internet platforms, there are still many hot stories about this animation.

For example, the villain Ah Fu’s move "Crow flies on a plane" and Xiaoyu’s lines such as "defeat magic with magic" have once become the memes of many netizens.

And even the "Q & A session" at the end of "Jackie Chan Adventures" has become an important source of inspiration for "Jackie Chan Said" now.

As an animated film featuring movie stars, Jackie Chan naturally appears at the end of each episode to spread positive energy.

However, compared to the too straightforward reasoning in "Jackie Chan said", the old animation gives an interesting interpretation of "revealing movie stars".

First of all, the timing of Jackie Chan’s answering questions is very casual, sometimes on the movie set, sometimes after Jackie Chan has finished practicing kung fu, this kind of inadvertent and interesting conversation has narrowed the distance between Jackie Chan and the audience.

Secondly, the questions in the animation are also quite interesting, such as "Did you do all the stunts in the movie yourself?" "How did you stay in shape?" "Did you work with Bruce Lee?" etc. These questions are obviously asked from the perspective of a movie lover.

And Jackie Chan’s answer is also quite interesting, telling a lot of secrets about the film stage and behind the scenes, allowing the audience to enjoy the animation while also understanding the art of film specials, which can be said to kill two birds with one stone.

Finally, what Xiao Wan wants to say is that Jackie Chan’s ability to win the love of audiences of all ages is inseparable from his efforts to show his true side to the audience.

Although Jackie Chan is no longer as brave as he used to be, he still holds a significant weight in the minds of today’s young people.

"Jackie Chan’s persuasion to learn" is by no means a ruthless fool, but a different tribute from young people to this kung fu superstar.

Note: Some of the pictures in this article are from Douban and the Internet. If there is any infringement, please take the initiative to contact us.

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Infection expert Ye Feng: Shaanxi epidemic as a whole shows a continuous input outside the province, multi-chain and multi-regional transmission trend in the province

  

       On November 20, Ye Feng, chief physician of the Infectious Diseases Department of the First Affiliated Hospital of Xi’an Jiaotong University, said that after the introduction of the "20 optimization measures", some people have misread the idea of opening up, "lying flat", and even relaxing personal protection. These ideas and practices are unacceptable.

  In the past few days, many prefectures and cities in our province have reported local epidemics. Some prefectures and cities are in a stage of rapid rise, and there is a high risk of transmission and diffusion. As a whole, the epidemic situation in the province is complex and severe. At the same time, it is currently in a period of high incidence of respiratory diseases in autumn and winter, and it may face the risk of superimposed epidemics of various respiratory diseases this winter and next spring. In addition, the Omicron mutant strain has the characteristics of fast transmission, strong stealth and strong infectious. If personal protection is relaxed, it is equivalent to giving up the first protective barrier, and the consequences are unimaginable.

  "During the epidemic, it is necessary to distinguish between different places and take targeted protective measures." Ye Feng suggested.

  During community activities: try to avoid crowds gathering

  During the epidemic, residents should try to avoid crowds when walking in the community. When wearing masks, they must cover the mouth, nose and chin, and the nose clip should be compacted to ensure the protective effect. After using community fitness equipment, seats and other public facilities to go home, they should do a good job of hand hygiene in time, and give priority to using flowing water and soap or hand sanitizer to scrub carefully. When unsure whether your hands are clean, avoid touching the mouth, nose and eyes with your hands. Communities that are temporarily sealed and managed should also cooperate with other community management measures.

  When going out to work: fulfill the "two points and one line" requirements

  During the epidemic, working residents should fulfill the requirements of "two points and one line" and strictly take personal protective measures; during going out, do not gather, eat together, and do not enter crowded public places. On the way out, try to avoid taking public transportation. If you take public transportation, please take personal protection throughout the process and keep a safe distance. When waiting and riding the elevator, be sure to wear a mask in a standardized manner and throughout the process. When riding the elevator, do not directly touch the elevator car wall and buttons, do not talk to others, and wash your hands in time after exiting the elevator.

  When shopping in supermarkets and vegetable stores: choose the nearest shopping point and travel on the wrong peak.

  When going to supermarkets, vegetable stores and other places to shop, it is best to make a shopping list in advance, choose the nearest shopping point, and travel on staggered peaks. When entering public places such as supermarkets and vegetable stores, it is necessary to cooperate with epidemic prevention measures such as temperature measurement, bright code, and scanning code. Wear a mask throughout the process, and avoid pulling down the mask to communicate with the stall owner and taste food. Do not use your hands to directly contact your eyes, mouth, and nose. Quickly select materials, shorten your stay time, and avoid going to shelves and stalls where crowds gather. Try to choose self-checkout, contactless payment, and other methods for settlement. After purchasing home, it is recommended to do a good job of hand hygiene in time, and use soap and hand sanitizer to wash your hands.

  When receiving takeaway and express delivery: try to put it at a fixed location for contactless handover.

  During the epidemic, residents should raise awareness of protection, wear masks when sending and receiving express deliveries and takeaways, and minimize direct contact with delivery personnel. Try to put them in a fixed location for non-contact handover. Disinfect the outer package of the courier with disinfectant wipes or 75% alcohol or chlorine disinfectant (such as 84 disinfectant). Disinfect your hands after unpacking, and then take out the items. It is best not to take the outer package home. When you go back indoors, wash your hands carefully as soon as possible, and wipe the inner packaging of takeaways or couriers with disinfectant wipes. Also note that unpacking tools, transfer tools, such as trolleys, and pens and mobile phones used in the receipt process also need to be disinfected.

  During construction work: wear a mask throughout the process, do not hang out, do not chat

  During the epidemic period, when entering the construction area, do a good job of temperature measurement and scanning codes as required, wear masks throughout the process, strengthen ventilation and ventilation, do not hang out or chat, perform hand hygiene in a timely manner, and carry out activities such as dining and changing clothes in batches and time periods. Keep one meter line and do not gather during non-construction periods. Construction sites, machinery and equipment, offices, dormitories, canteens and other areas shall be cleaned and disinfected regularly in accordance with regulations. Advocate construction sites and other personnel-intensive units to strengthen the "point-to-point" management of staff work and food and lodging places. For employees returning to work outside the province (districts and cities), nucleic acid tests shall be carried out for 3 consecutive days, and health monitoring in a separate area shall be carried out.

  Office time: Strengthen ventilation and keep the office environment clean and tidy

  When entering the work area, do a good job of temperature measurement and scanning the code as required. When the room is well ventilated and there are few people, you don’t need to wear a mask, don’t hang out, don’t chat, and try not to take the elevator. Strengthen ventilation and ventilation, and perform hand hygiene in a timely manner. Reduce direct contact between staff, encourage the use of paperless office, wash your hands in time after touching public facilities or other people’s belongings or rub your hands with hand sanitizer. Reduce the frequency of meetings, shorten the meeting time, and use network video conferencing and other methods. When there are dense people and there are people from other units participating in the meeting, it is recommended to wear a mask throughout the process. When eating in the cafeteria of the unit, try to eat at different peaks and times, reduce dine-in

  When taking public transportation by taxi: wear a mask throughout the journey

  When taking public transportation such as buses and subways, you should wear a mask throughout the process and reduce contact with others. When sneezing or coughing, cover with a tissue or elbow arm; pay attention to hand hygiene, reduce unnecessary touching, and avoid touching the mouth, eyes, and nose with unclean hands. Pay special attention not to eat or drink on public transportation. Pay attention to passengers and drivers during the taxi and online car-hailing period. Wear masks throughout the process, and open windows frequently for ventilation. After taking public transportation, take off the mask, disinfect your hands with hand sanitizer or alcohol-containing hand sanitizer, and place your outer clothes in a ventilated place. According to national requirements, inter-provincial mobile personnel also need to take planes, high-speed railways, trains, inter-provincial long-distance passenger buses, inter-provincial passenger ships and other means of transportation with negative nucleic acid test certificates within 48 hours. After arriving at the destination, they must carry out "landing inspection" according to the requirements of the territory. Those who stay in hotels and enter tourist attractions need to check the health code and the negative nucleic acid test certificate within 72 hours.

  When seeking medical attention: Patients with fever should go to the nearest fever clinic in time

  When going to the medical institution, prepare a mask, disinfectant wet tissue or hand sanitizer. Patients with self-tested fever should wear a mask when seeking medical treatment, avoid contact with other personnel, go to the fever clinic for medical treatment, and avoid taking public transportation. Wear a mask throughout the medical treatment. When waiting and queuing, keep a distance of more than 1 meter from others, and try to choose stairs to walk. After returning home from the medical institution, wash your hands with hand sanitizer (or soap) running water or rub your hands directly with quick-drying hand disinfectant, change your outer clothes and wash them as soon as possible.

  In school: Take the initiative to cooperate with prevention and control requirements and do a good job in self-health monitoring

  Faculty, staff (including teachers and logistics service personnel such as canteens, cleaning, security and dormitory management) and students should actively cooperate with the school’s prevention and control requirements, and do a good job of self-health monitoring. Those with suspicious symptoms such as fever and dry cough should seek medical attention in time. Teachers and students should prepare masks, disinfectant wet wipes or hand sanitizer. On the way to and from school, it is recommended to use transportation methods such as walking, cycling, and driving private cars as much as possible in accordance with the "two points and one line" requirements, and take personal protection when taking public transportation or school buses. During school, students are advised to pay attention to personal hygiene and do hand hygiene in a timely manner, and avoid touching the mouth, eyes, and nose with unclean hands. At this stage, it is necessary to pay attention to avoid outsiders from entering the student classrooms and dormitories. At the same time, strengthen the cleaning and ventilation of classrooms and dormitories, and maintain good indoor environmental hygiene and hand washing facilities. School gate guards, cleaning staff and canteen staff should wear masks.

  China Business Daily reporter, Li Lin

Source: China Business Network – China Business Daily

Related hot word search:

Huawei P60 Pro drops by 800 yuan!

The series has attracted the attention of many players. With the launch of the 618 promotion, Huawei has also brought awesome promotions to the P60. This promotion discount starts at 800 yuan, and it is also the first time that the official has reduced the price of the P60 series.

P60Pro 8GB + 256GBThe price is reduced by 800 yuan to 6188 yuan, and the price of 12GB + 512GB is reduced by 700 yuan to 7288 yuan. At the same time, the 12GB + 256GB version is added, priced at 6488 yuan; the price of P60 Art 12GB + 512GB/1TB is reduced by 1,000 yuan, priced at 7899 yuan and 9988 yuan respectively.

The first ultra-concentrated night vision telephoto, the first time in the telephoto camera to join the condenser group, with the industry’s largest F2.1 aperture periscope telephoto and RYYB super-sensitive light sensor, greatly increased the amount of light into the telephoto camera.

How to manage online car-hailing abroad: UK drivers must have legal work status

  In the past few days, many provinces and cities in China have successively issued management norms for online car-hailing, and the "Beijing People, Beijing Car" and "Shanghai Car" represented by Beijing and Shanghai have aroused a lot of discussion.

  In fact, both at home and abroad, online car-hailing has been controversial since its inception. Take Uber as an example. Although it has entered many countries, it has also attracted many legal disputes. Some cities in France, Japan, Belgium and other countries do not even allow Uber and other online car-hailing software to provide taxi services in the local area. At the same time, some countries and cities recognize the legal status of online car-hailing.

  Janice Griffiths, a professor at Suffolk University Law School in the United States, said in an interview with the Beijing Times reporter that despite the opposition of traditional taxi industry practitioners, it is obviously not a wise move for government departments to ban online car-hailing services. At the same time, as many places have introduced management measures for online car-hailing, Griffiths said that the management of online car-hailing and traditional taxis may eventually be merged into one.

  By Wei Zhangning, reporter of Beijing Times

  □ London, UK

  Drivers must undergo rigorous review when applying for a license

  Dan Maiskell, the press officer of the London Transport Bureau, told the Beijing Times that in London, if a private car wants to carry passengers, the driver’s own vehicle needs to apply for a license from the Transport Bureau, and only licensed people and cars can engage in this industry.

  In addition, for drivers, applicants must be at least 21 years old, have a legal driver’s license and drive for more than three years, and must also "have the legal status to live and work in the UK"; at the same time, the Transport Bureau also requires applicants to be of good character. To prove this content, applicants need to undergo a criminal record check, and those without records can apply. In addition, applicants must also be in good health and undergo necessary medical examinations.

  Only those who meet the above conditions can apply for a license. To apply for a license, you need to register an account with the official website of the Department of Transport and then fill in a series of forms. At the same time, applicants must also pass a test on information about London’s terrain and road conditions. Only tour guides and those who have previously passed such exams or taxi driver tests are exempt from this test.

  Applicants also have to pay an application fee of about £300, including the cost of some forms and the cost of various tests. The Department of Transport also stipulates that licensed drivers must wear corresponding badges and must carry disabled people without pay.

  As of October 9, 2016, Transport for London had issued a total of 113,099 private driver licenses and 83,438 private hire vehicle licenses. Maiskell said this number continues to increase.

  In order to ensure the orderly operation of the taxi market, there are also some local practices in the management of road sections in London, such as dedicated bus lanes, where black taxis can be shared. In addition, there are also special sections for black taxis (traditional London taxis with black appearance) to stop and pick up passengers at train stations or airports. In these places, online taxis cannot be occupied. At the same time, taxis can be beckoned to stop immediately, while online taxis can only be booked in advance.

  According to Mr. Messkell, the main difference between London taxi drivers and ride-hailing drivers is their knowledge of London. Taxi drivers often pass a rigorous test, have a good understanding of the city’s terrain, can memorize the names of 25,000 streets, and are familiar with landmarks within a six-mile radius around Charing Cross Road. While ride-hailing drivers have undergone relevant tests, the requirements are not as strict as the aforementioned taxi drivers.

  New York, USA

  New rules define "transport internet company"

  In New York, private cars that want to carry passengers also need to apply for a license from the New York Department of Transportation. According to requirements, applicants for licenses must be at least 19 years old, and within 15 months from the latest violation record, the driver’s license can not deduct more than 5 points.

  At the time of application, you need to provide your driver’s license and various relevant documents to the transportation department, including driving skills certificates, etc. At the same time, you need to complete a drug test and go to the relevant department to enter your fingerprints. Applicants also need to undergo a series of training courses, including how to provide services to people with disabilities, determine whether there is human trafficking, and complete a total of 24 hours of courses. After the applicant submits the form, the transportation department will evaluate the applicant’s background, including their driving violations and whether there is any illegal behavior. At the same time, drivers must also have purchased qualified insurance and a valid registered local vehicle.

  At present, drivers in New York must have this license. At the same time, in response to the increasing popularity of online ride-hailing services in recent years, the New York Department of Transportation issued a new rule in June 2015, which defines online ride-hailing service providers as "transportation internet companies".

  According to regulations, private vehicles joining the ride-hailing platform company must complete a comprehensive safety inspection including 19 vehicle parts in accordance with regulations before providing services. After that, the platform company is obliged to ensure that the vehicle is subject to the same inspection every year and keep inspection records for review. At the same time, heavily modified vehicles are prohibited from being used in ride-hailing operations.

  Janice Griffiths, a professor at Suffolk University School of Law, told the Beijing Times that many states in the United States have now recognized the legal status of online car-hailing, and there are also relevant requirements for drivers engaged in the industry, but there is no specific requirement that drivers must be local or similar requirements.

  New Delhi, India

  The federal government can set a price ceiling

  In October 2015, the Ministry of Roads and Transport of India issued the "Guiding Opinions on the Regulation of Online Car-hailing." According to the requirements of this guidance, all vehicles of online car-hailing platforms cannot cruise to pick up customers, and will be managed by the classification of rental and cruise. At the same time, these platforms are required to have sufficient service capabilities, such as setting up 24/7 call centers and establishing driver training programs (including industry regulations, traffic safety, labor laws, service skills, etc.).

  In addition, private vehicles carrying passengers must have a license to operate in the operating area, commercial insurance including third-party liability insurance, vehicle positioning facilities, and general certification and metering facilities (the Ministry of Road and Traffic has separately formulated technical standards to ensure that different platforms and different regions can be used). At the same time, vehicles must carry a first aid kit, and emergency safety buttons should be installed where required. The positioning facility must be able to record the driver’s driving time to ensure safe driving. The platform must not force minimum online and driving hours, but the maximum working hours must not violate the law.

  According to the requirements of the opinion, drivers engaged in the online car-hailing industry in New Delhi must obtain a driving license or other qualifications stipulated by law (such as a public service license), a driver verification report issued by the public security department, and the contact information of the driver’s two family members.

  In addition, unlike in Western countries, the guidance also stipulates that the federal government or regulators can set maximum prices.

  ■ statement

  American experts: Future management system may merge into one

  With the rise of ride-hailing services around the world, the traditional taxi industry is facing great challenges. There have been cases of traditional taxi drivers boycotting online ride-hailing in some countries.

  Janice Griffiths, a professor at Suffolk University School of Law in the United States, said that online car-hailing relies on its high service efficiency and relatively low prices to win people’s favor, while traditional taxi drivers’ dissatisfaction with online car-hailing is overwhelmingly due to the belief that online car-hailing is subject to fewer constraints, unlike the traditional taxi industry, which is subject to various strict restrictions from vehicles, drivers, companies, and other aspects. At the same time, taxi drivers also need to pay a considerable amount of fees.

  Today, most people already feel the convenience of online car-hailing services, so it is not a wise choice for government departments to ban online car-hailing services. Even if the traditional taxi industry benefits in the short term, in the long run, the government department will still face pressure from the public for banning online car-hailing services.

  At present, many places are gradually improving the management of online car-hailing. In most cases, government departments separate online car-hailing from traditional taxis and use two separate methods for management. However, Griffith believes that it is impossible to say what the future of online car-hailing will be. Perhaps as the management methods become more detailed, the two different management systems may eventually be merged into one.

Hengda Automobile Hengchi 5 starts pre-sale, and the "notarized" reservation method creates a precedent

(Wen/Pan Yuchen, editor/Lou Bing) On July 6, Hengda Automobile’s first mass-produced model, Hengchi 5, which was mired in the whirlpool of public opinion and repeatedly bounced tickets, finally started pre-sale, and launched a model. After comprehensive subsidies, the pre-sale price is 179,000 yuan, which will be delivered in October this year.

Hengda President Liu Yongzhuo said at the press conference that the Hengchi 5 is "the best pure electric SUV in history within 300,000 yuan", and will achieve 10,000 deliveries by Quarter 1 next year.

The Hengchi 5 is positioned as a medium-sized SUV, with a body length, width and height of 4725/1925/1676mm and a wheelbase of 2780mm. The exterior design combines elements such as a suspended roof, a guide tail, and a hidden door handle to enhance the stylish and sporty feel of the vehicle.

Inside, the central control of Hengchi 5 is equipped with a wrapping 3D curved triple screen, composed of 10.25-inch instrument panel, 14.6-inch central control screen and 10.25-inch co-pilot screen, built-in Qualcomm 8155 chip, support mobile APP unlocking, facial recognition, 5G network, multi-application synchronization display, Baidu AI voice, gesture operation and other car-machine interaction functions.

The Hengchi 5 is equipped with five millimeter-wave radars, 12 ultrasonic radars, one monocular camera, and four surround-view cameras. It is claimed to be equipped with more than L2-level auxiliary driving, and integrates 19 auxiliary driving capabilities including full-speed adaptive cruise, automatic lane change, and automatic parking.

In terms of power, Hengchi 5 is built on a pure electric platform, using Bosch UMC three-in-one electric drive, with a maximum power of 150kW, a maximum torque of 345Nm, 0-100km/h acceleration of 7.8s. The chassis uses a suspension combination of front McPherson and rear multi-link, and the braking distance of 100-0km/h is 34.5m. Powered by Ningde Times CTP lithium iron phosphate battery, the rated power is 72.8kWh, and the CLTC cruising range reaches 602km.

In order to attract consumers to buy, Hengchi 5 also launched the first 10,000 car users to reduce 10,000 yuan, return and refund within 15 days of picking up the car, and buy back at a 40% discount for three years after picking up the car. It is worth mentioning that Evergrande Auto promises that the pre-sale deposit and final payment will be paid to a special account established by a notary office in Tianjin, in the name of ensuring the safety of consumer funds.

Hengda Motor said that it will use the direct sales and authorized sales agent model to set up Hengchi showrooms and agent stores in major cities such as Beijing, Shanghai, Guangzhou and Tianjin. This year, the number of stores will reach 200, and 313 after-sales services outlets will be deployed in 235 cities across the country. In terms of charging services, Hengchi APP is connected to 563 domestic charging service providers, covering more than 300 cities in 31 provinces.

For new car-making forces, boasting Haikou at the new car launch is a "basic operation". Compared with Li Xiang’s "best within 5 million yuan" and Yu Chengdong’s "beyond a million luxury cars", Liu Yongzhuo’s expression of "the best pure electric SUV within 300,000 yuan" is quite reserved.

Objectively speaking, the price of Hengchi 5 combined with its product power is quite reliable. The main competitors of Hengchi 5 are concentrated in the price range of 150,000-250,000 yuan, including Volkswagen ID4, GAC Aian V, Xiaopeng G3, Nezha U, Zero Run C11 and many other pure electric SUV models. In terms of configuration level and system parameters alone, Hengchi 5 does have a good price/performance ratio compared with competing products. In addition, a series of operations such as 10,000 yuan for the top 10,000 car users, refund within 15 days, 30% off repurchase in three years, and collection by the notary office are also extremely rare in the history of car sales.

It can be seen that in order to dispel consumers’ car purchase doubts, Hengda Automobile can be said to be heartbroken. But as Murphy’s Law indicates, the biggest test of Hengchi 5’s market prospects is not the product itself, but more from off-site factors.

From Xu Jiayin’s bold words "buy buy buy, big big, good", to Hengda’s release of 6 new cars in one breath, to the market value once exceeded 600 billion, and then to the outside world’s doubts about its PPT car manufacturing and pre-sale repeated delays, Hengda Automobile has gone through two and a half years so far.

With the overall explosion of Hengda Group, the credibility of this new cross-border car manufacturing force has actually dropped to freezing point. In May this year, there were even rumors that Hengda Automobile would delay sales indefinitely. Although Hengda has come forward to refute the rumor on the grounds of the epidemic, it is still difficult to dispel the public’s doubts.

Today’s Hengda car is like the child who kept shouting "wolf is coming". After all, in the heyday of Hengda Real Estate, its football, property insurance, grain and oil, ice spring and other side businesses, which one was not prosperous, and now which one is not a chicken feather? Compared with these, the auto industry is a bottomless pit that burns money. As an outsider, Hengda wants to achieve "the best within 300,000 yuan" in the short term, and the difficulty is comparable to the sky. Moreover, even if Hengchi 5 does sell well in the end, it is difficult to obtain enough bicycle profits based on its current pricing. This also means that it is difficult for Hengda to block the hole of real estate thunder by selling cars in the short term. After the announcement of the pre-sale of Hengchi 5, the market reaction was still rather lukewarm. If Hengda wants to truly turn around, the order performance before delivery will be crucial.

This article is an exclusive manuscript of Observer Network and may not be reproduced without authorization.