Lawrence, the designer of the giant panda climbing over the wall in Chengdu, died at the age of 60.

On October 12th, the reporter confirmed from official website of the University of Denver that Lawrence Aginte, the designer of Chengdu "Panda Over the Wall", passed away on October 4th, local time in the United States. According to local media reports, Lawrence was undergoing an operation at the time of the incident.

At present, the specific cause and details of Lawrence’s death have not been disclosed. The Douglas County Coroner’s Office said that the disclosure time of relevant information depends on the progress of the follow-up investigation.

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In December 2013, Chengdu’s tallest and largest panda installation art work is also the largest stainless steel panda installation work in China at present. A steel panda named "I Am Here" (I am here) appeared on the outer wall of a high-rise building next to the subway station entrance of Chunxi Road Pedestrian Street in Chengdu. With its unique wall-climbing shape and embarrassing appearance, this 15-meter-high and 13-ton steel panda quickly became a "landmark" and triggered

Earlier, its designer Lawrence once said that the panda jumped down from the top floor of the building and came to Chengdu from the sky, as if to tell people coming and going about itself. This is his creativity in making panda installations. "I Am Here" has a double meaning, which not only makes us think about our own existence, but also reflects on the development and prosperity of the city, reminding people not to forget to care for the precious creatures who are on the same earth with us like pandas while developing business.

It is understood that Lawrence has been teaching in the College of Art and Art History of Denver University for more than 20 years. He is a top artist in the industry and has designed many well-known outdoor art works. Among them, the local "I See What You Mean" in Denver (I know what you mean), a big bear standing outside the window and visiting the inside is one of its outstanding masterpieces.

(The original title is "Lawrence, the designer of Chengdu’s" Giant Panda Over the Wall ",died at the age of 60")

Huawei’s "four worlds", why is it that only the world has succeeded?

As the saying goes, the dragon gives birth to nine children, each with its own differences. The four major car brands that Huawei is currently building in cooperation with car companies are also in a very different situation.

Huawei cooperated with different automobile manufacturers to launch four automobile brands, namely, the world of inquiry, the world of intelligence, the world of enjoyment and the world of respect.

Among them, Wenjie is a brand built by Huawei and Cyrus, and its models include, and so on. It is the first car-making brand of Huawei Smart Car Selection.

Zhijie is a brand that Huawei cooperates with Chery Automobile. The models of Zhijie brand are, and there is a coupe SUV that will be unveiled soon.

Enjoy the world is a brand that Huawei cooperates with BAIC. The first model of Enjoy the world brand is an executive luxury flagship car, which launched HUAWEI ADS 3.0 and has been listed at present.

Zunjie is a brand that Huawei cooperates with Jianghuai Automobile. The first model of Zunjie brand is positioned in the million-level ultra-high-end market, and it is compared with ultra-luxury brands such as Maibakh and Rolls-Royce. The first product of Zunjie brand has entered the vehicle verification stage, and it is planned to go offline at the end of the year and be listed in the first half of next year.

Let’s say that the three brands that have already listed their models have different market performances, namely, the intellectual, the intellectual and the enjoyment.

In August, the sales volume of Wenjie was 31,216 vehicles, up 868.8% year-on-year, and the annual cumulative sales volume was 248,137 vehicles, up 708.3% year-on-year. So far, the sales volume from January to August is the first among the new domestic car-making forces, leading LI by a slight advantage.

Enjoy the S9 side, listed for 20 days, the large quantity is 8000 units. From this large quantity, we can see that its sales volume is not very prominent. At present, the popularity of Enjoying S9 is not as hot as that of asking M7 and M9 when they went public. From the data of insurance coverage, the number of insured vehicles in Enjoying S9 within three weeks after listing is less than 500.

On the S7 side of Zhijie, the sales volume is also high and low. Although it has gone through the second release, it sold 5,012 vehicles in April, 5,021 vehicles in May, 2,306 vehicles in June and 1,541 vehicles in July. Although the sales volume in August has not yet come out, it should not be optimistic.

Some people may want to say that after all, the brands of Zhijie and Xiangjie have just been founded, and there is still time. In the future, with time, they may reach the current height of the car, but if I ask you, it is very difficult.

Have you found out the fact that all the models of Huawei Sijie are trying their best to avoid internal competition? Several models are SUV models with extended range and pure electric. In order to avoid competition with Jiejie, Na Zhi has launched a medium-sized and large-sized pure electric car. In order to avoid competition with Zhijie, Enjie has launched a 500,000-class executive pure electric car. By benchmarking, the next model is a coupe SUV. What should Zunjie do? Only cars with higher positioning can be launched for benchmarking.

Originally, the division and division of this type of vehicle was reasonable to avoid competition and fighting within Huawei Smart Car, but this will lead to a problem, that is, the brand that joined first has obvious first-Mover advantage, for example, it almost monopolizes the pure electric/extended range+six-seat and seven-seat SUV models, and this market route has been verified by LI, which is a route recognized by consumers and has high bicycle profit. Later, the smart car brand that joined has to be

As long as the car in the world monopolizes this market route, then I personally think that it is difficult for the other three industries to reach the market sales and heat of the world. If you want to ask, isn’t it also a car? Why can it sell so well? That’s because Huawei’s smart car selection is not a cost-effective route, but smart driving technology is their main technology. In addition, because of Huawei’s brand licensing fees and other reasons, it is difficult for them to achieve the ultimate cost-effective performance as Xiaomi SU7.

Of course, the other three sectors have just been founded after all, and have not even launched the first model, so it is still too early to draw a conclusion. However, it must be noted that the competition in the domestic new energy vehicle market is very fierce, and the success of the sector has certain accidental factors. Whether the other three sectors have such opportunities and luck is also a question mark.

Donnie Yen vs Andy On: Who is better?

In the glorious history of Kung Fu movies, countless Wu Xing used their fists and sweat to explain what the real martial arts spirit is for us. Now, two high-profile kung fu superstars, Donnie Yen and Andy On, have rekindled our enthusiasm in a fierce confrontation. Who is better in this duel? Let’s discuss it together.

Speaking of Donnie Yen, everyone’s impression of him must be the classic series of Ip Man. In the film, with his superb martial arts and profound acting skills, he vividly portrayed the image of a generation of master IP Man. Donnie Yen’s martial arts skills are solid, his movements are strong and powerful, and his moves reveal a magnificent momentum. His kung fu style, which has both the charm of traditional martial arts and modernity, is unforgettable.

And Andy On, a rising star, has made a remarkable performance in recent years. He won wide recognition from the audience for his outstanding performance in the film "Special Identity". Andy On’s martial arts style is different from that of Donnie Yen. He pays more attention to speed and explosiveness, and his movements are light and swift, giving people a sharp feeling. His moves are unique, sometimes as violent as a storm, and sometimes as soft as running water, which makes people unpredictable.

In this much-watched Kung Fu duel, Donnie Yen and Andy On showed their respective strengths and presented us with a wonderful visual feast. Donnie Yen’s moves are calm and atmospheric, and every punch and foot reveals a master-like demeanor; Andy On, on the other hand, dazzled the audience with his agile skill and unique martial arts style. The two men came and went in the duel, and the scene was extremely fierce.

However, in this confrontation, we are not trying to tell who wins and who loses. Because both Donnie Yen and Andy On have interpreted the essence of Wushu in their own way. Their pair is not only a visual feast, but also a spiritual exchange. Between their moves, we saw the love and persistence of martial arts and the pursuit and persistence of dreams.

This martial arts duel also makes us understand a truth: Wushu is not a simple combination of fists and feet, but also a spirit and an attitude. No matter Donnie Yen or Andy On, they all tell us with their own actions: As long as there is a dream in our hearts and a road under our feet, nothing can stop our progress.

Looking back on this Kung Fu duel, we can’t help cheering for the wonderful performances of Donnie Yen and Andy On. They presented an unforgettable visual feast for us with their own sweat and efforts. In the future, we expect them to continue to bring us more wonderful works, so that we can witness the glory and inheritance of martial arts movies together.

Finally, let’s applaud the outstanding performances of Donnie Yen and Andy On! Their confrontation not only shows the charm of martial arts, but also shows us the struggle and persistence of filmmakers. In this era full of challenges and opportunities, let’s work together and work hard for our dreams!

Editor in charge:

Deep blue launched a sprint to sell 30,000 vehicles a month.

Original | edited by Ni Yuping | |Jaden

Golden bell cover battery, Contemporary Amperex Technology Co., Limited battery, intelligent driving assistance for parking and navigation, and 159L super-large front spare box … After shouting 21 configurations of "leading at the same level" in one breath, Deng Chenghao couldn’t help but stop and said proudly, "I think I should learn cross talk".

As the CEO of the car, Deng Chenghao made great preparations at this conference, only throwing a number for the last minute, 510Max pure electric version, 135,900 yuan.

Screams and applause swept the stage instantly. In the following three price announcements, the cheers were higher and higher. The leapfrog configuration and preferential prices are impacting people’s nerves.

"In the past, smart headlights only appeared in the best SUVs within 500,000, but now they can be bought for less than 150,000," Deng Chenghao said.

With the increasingly fierce market competition, the pressure is constantly moving down to the 150,000-level market. Now, Deep Blue has officially come to an end and pushed the price to the warning line of 110,000. It will challenge the two heavyweights in this price band: Yuan plus and Yuan Plus, and cut the cake from their mouths.

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Less than 150,000 cars have a 4K pan-tilt camera.

Many configurations that are rare in the 150,000-class market are put in this car.

The first is the unusual sense of space. Although it is a compact SUV, the wheelbase of 2880mm brings 66% of the car length and 74.4% of the car height. The second row has a seating space of 964mm, providing as much comfort as possible.

There is more than enough storage space. The capacity of the front trunk reaches an astonishing 159 liters, and the trunk has a double storage space of 492 liters, which can accommodate eight 20-inch suitcases.

In terms of cockpit, if the combination of Qualcomm 8155 chip, 16GB of running memory and 128GB of storage space has become commonplace, Deep Blue S05 further provides a 15.4-inch 2.5K ultra-high definition sunflower screen, which can make the left and right deflection angles 15, and is equipped with a 50-inch super-customized AR-HUD holographic augmented reality system.

In addition, the new car is also equipped with 1.3 million pixel intelligent light and shadow headlights, which can be used to cast a 120-inch projection frame, as well as various DIY paintings, symbols and slogans of users.

"In the past, smart headlights only appeared in the best SUV within 500,000, but now they can be bought for less than 150,000," Deng Chenghao announced excitedly on the stage.

Even more eye-catching than the smart headlights, there is also a DEEPAL 4K head camera on the roof. The 48-megapixel camera and 4K HD resolution make it have a shooting effect comparable to that of DJI. The 64G independent storage and electronic anti-shake function also make it have stable imaging and storage.

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The addition of the Yuntai camera is an attempt by Deep Blue to integrate into the young group. As soon as the press conference started, this equally young brand did not shy away from trying to capture the ambitions of young people. Deng Chenghao’s keynote for this car is: an exclusive car for Internet aborigines.

4K Zhiqu Yuntai camera can also be optional at the price of 3999 yuan. Compared with its cost, Deng Chenghao described it as a "loser" pricing.

Installing a camera on the roof of the car is not the first way that Deep Blue came up with. Those who also aim at young people have already crossed this road on G3 in Tucki. With the decline of Tucki G3, the exploration of car cameras in the market has come to an end.

However, the demand for camera has always been real and growing.

In the speech on the 10th anniversary of WeChat, Zhang Xiaolong, the father of WeChat, once said that 120 million people published a circle of friends every day, and about 670 million of the published contents were photos. People want to watch and want to be watched, which is almost the normal life of many young people.

And this demand is also changing the direction of the mobile phone industry. IPhone 4, released ten years ago, not only brought a leap in the mobile phone industry, but also made the camera function a match point in the competition of many mobile phone manufacturers.

People always compare the evolution of smart cars with the mobile phone industry. In this new market with infinite convergence of competition, Deep Blue S05 may demonstrate a new track with the camera function.

02

Guarantee delivery and win a new round of market confrontation

When the new energy penetration rate turns over the 50% mark, the market competition will accelerate down. Many car companies have entered the 100,000-200,000 market and seized market share.

President Ai Tiecheng once said in an interview that the range of 150,000 yuan to 200,000 yuan is the last bastion of the joint venture car. Chairman Zhu Jiangming believes that the automobile market in the price range of 100,000-200,000 yuan has a huge base and great development potential.

A team of researchers from Fitch China, a rating agency, said that the range of 100,000-200,000 yuan is likely to become a more intense price war range in the second half of the year.

New cars are also concentrated in this area. Both the first model of MONA in Tucki and the version of Ledao bass have a parking space of 150,000 yuan.

Not long ago, the dark blue GL318 for the light off-road market was just launched, and the dark blue car made persistent efforts to release the compact SUV dark blue S05, which further lowered the price and market to boost sales growth.

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Beyond the configuration of the same level, it is necessary to cooperate with a price with enough impact to better play its role. The pure electric version and extended range version of Deep Blue S05 will keep the price at 119,900 yuan to 149,900 yuan.

Among them, the price of the 510-kilometer battery life pure electric version is 135,900 yuan-higher than the 530 exploration version of Yinhe E5 by 100 yuan, and 3900 yuan cheaper than the plus510 beyond version. The former is a "rising star", while the latter is a "champion example" of Ba Ping-these are the two opponents it chose for itself.

Deep blue S05 wants to attack and defend these two popular models in the market at the same time at a tricky price. "After the press conference, I will go out to the factory to screw the screws," Deng Chenghao joked.

According to his disclosure, from the opening of the reservation on September 20 to the closing of the reservation window on the eve of the press conference, Deep Blue S05 harvested more than 16,000 orders.

The temperament of bursting red is faintly revealed. However, in order to become an evergreen product, Deep Blue S05 has to resist the delivery challenge.

Deng Chenghao announced at the scene that the listing will be delivered. On the second day of the conference, the delivery ceremony was held nationwide. "It is estimated that 30,000-35,000 sets of resources can be delivered in 2024", and the model with 4K Zhiqu Yuntai camera is selected. The estimated delivery time is 4 to 8 weeks.

In view of the delay in delivery, Deng Chenghao also said that he would pay 120 yuan a maximum of 10,000 yuan for each day of delay on the basis of the expected delivery date. If the user can’t apply for the national or local replacement subsidy due to the delay in delivery, Deep Blue will also fully compensate.

"Make every effort to ensure production and delivery" has become the current focus of deep blue automobile.

On the production side, Deep Blue Automobile increased its production shifts, Nanjing Smart Factory was adjusted to double shift system from September, and Chongqing Digital Smart Factory started double shift system from early November. At the same time, improve the supply of materials. In the past month, 13 production lines were added to the wiring harness of the whole vehicle, and special battery lines were added to S07 and L07.

03

Realize the ambition of brand upward

Since its establishment two years ago, Deep Blue Automobile has successively launched five models, namely, S07, G318, L07 and S05, covering different product lines from cars to SUVs, and including pure electric and extended range power forms.

Up to now, Deep Blue has only taken 27 months, and the delivery volume has exceeded 300,000 units, which has run a beautiful acceleration in the market.

In the market with saturated competition and tough competitors, Deep Blue Automobile quickly gained a foothold, forming two labels of "youth" and "technology" and becoming a player with distinctive posture and tonality.

It is also an important puzzle of the group in the layout of new energy. In the past, the outside world often compared it with Changan Qiyuan, which is facing the middle and high-end market and joined at the latest, and guessed which brand was closer to Changan Group. Zhu Huarong, chairman of Chang ‘an Group, stood on the platform at the deep blue press conference that day and gave a clear response, "(Three) are all sons".

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He further added that "Deep Blue Auto is an important part of Shangri-La’s strategy, and Changan will spare no effort to fully support it, including the time of the chairman, the time of the president and the time resources of the executives. Need people to give people, ask for money to give money, and ask for resources to give resources. "

In other words, Changan Group will generously introduce strategies, talents, funds and many other resources for Deep Blue Automobile to help the Deep Blue brand make further breakthroughs. For Deep Blue Auto, which is still looking for a bigger upward curve, the support and support of the Group will undoubtedly make it even more powerful in the competition.

Relying on Chang ‘an Group’s rich technical reserves and resources, Deep Blue Automobile holds two trump cards, Super Extended Range and Huawei Gankun Intelligent, and is determined to win the market reform of electric equal rights and intelligent equal rights.

With the continuous iteration of super extended range technology, the deep blue third-generation engineering prototype has been off the assembly line, and in the next generation, the average working efficiency of the Force super electric drive reaches 94%; The intelligent range extension of the Force can generate more than 3.85 kWh per liter of oil; The gold bell jar battery will also be overcharged at 5C and 7C in an orderly manner.

Deng Chenghao said that these same root technologies will also empower pure electric platforms and bring about the common development of extended range and pure electricity.

The cooperation with Huawei Gankun Intelligent will also enable Deep Blue to realize the popularization of intelligent driving for all. Not long ago, the Deep Blue S07 was the first model of 200,000-class Huawei Gankun Zhijia, which was the first to break the price barrier of high-class Zhijia. Deng Chenghao revealed that in 2025, Deep Blue will start the first year of intelligent driving, and all models will be fully equipped with L2+ intelligent driving system.

According to the plan, Deep Blue Auto will further improve its product matrix and launch more than 20 new products in the next three years.

In the overseas market layout, deep blue is also a must. According to a report by Thai media Nepal Drives, Deepal entered the Thai market in early 2024 and quickly rose to become the best-selling electric vehicle in Thailand in four months.

In the first half of this year, the sales volume of S07 and L07 in Thailand has exceeded 11,000. Deng Chenghao said that in the future, Deep Blue will further accelerate its global expansion and enter more than 70 countries next year.

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The game of building a car has shrunk, and the competition is long and fierce. Everyone feels the infinite approach of the critical point, but they can’t predict the end. Those players who have been established for ten years, the global hegemons are more or less tired. And young brands like Deep Blue Auto have a more flexible figure and amazing explosive power. They are ambitious and eager to try.

In the first nine months of this year, Deep Blue Automobile maintained a high growth trend, with cumulative sales exceeding 140,000 units. Deng Chenghao hopes to sprint the goal of monthly sales of 30,000 vehicles in the fourth quarter of this year.

In the interview, he emphasized that new energy vehicles are not fighting for L4 and L5, but fighting for the ability to popularize and survive. The first person who draws a sword may not win in the end. "Now it is in the stage of reshuffle in the industry, and it will definitely wash out opportunities and wash out heroes."

The dark blue car should look for opportunities in the melee and complete the upward transition.

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I knew you were "watching"

Comparative analysis of BYD Qin L and Seal 06: How to choose the right model for you?

BYD, as a leading enterprise in China’s new energy vehicle market, has launched a number of models that have attracted much attention, among which the and are particularly eye-catching. The two cars have their own advantages in design, performance, configuration and so on. This paper will compare and analyze them from multiple angles to help consumers make wise choices.

Qin L adopts the latest Dragon Face design language of BYD family, with sharp front shape and fashionable and dynamic overall appearance, which is suitable for consumers who pursue modernity. In terms of interior, Qin L is simple and atmospheric, using high-quality materials, equipped with a large-size central control panel and a full LCD instrument panel, which is full of science and technology.

Seal 06 pays more attention to luxury and high-end experience, with smooth body lines, unique front and rear design and strong visual impact. The interior is more luxurious, uses a lot of high-grade materials, has a more elegant layout, and is equipped with a large-size touch screen and high-tech configuration.

Qin L is equipped with a 1.5L turbocharged engine and motor hybrid power system, with the maximum power of 110 HP (engine) and 135 kW (motor), the maximum torque of 240 Nm (engine) and 330 Nm (motor), the acceleration of 100 km is about 7.9 seconds, and the comprehensive fuel consumption is 1.4 L/100 km (in hybrid mode).

Seal 06 adopts pure electric drive and is equipped with high-efficiency motor. The maximum power is 200 kW, the maximum torque is 400 Nm, the acceleration of 100 kilometers is about 4.5 seconds, and the NEDC cruising range is about 600 kilometers. For consumers who pursue electric vehicle performance and environmental protection, Seal 06 is undoubtedly a better choice.

Qin L is equipped with full-speed adaptive cruise, lane keeping assistance, automatic emergency braking system and so on. Technology configuration includes 12.8-inch touch screen, BYD DiLink system and wireless charging. Comfortable configurations include NAPPA leather seats, front and rear seat heating, seat ventilation, automatic air conditioning and panoramic sunroof.

Seal 06 is more luxurious in configuration, equipped with advanced driving assistance system (such as automatic driving function), full-speed adaptive cruise, lane keeping assistance and automatic emergency braking system 2. In terms of technology configuration, Seal 06 has a 15.6-inch touch screen, BYD’s latest DiLink system, wireless charging and AR-HUD head-up display. Comfortable configuration includes high-grade leather seats, seat massage, four-zone automatic air conditioning and panoramic sunroof.

The price ranges of the two cars are similar, ranging from 99,800 yuan to 139,800 yuan. Qin L is suitable for users who want to find a balance between performance, configuration and price. It has good fuel economy and scientific configuration, and the price is relatively affordable. Seal 06 is more suitable for users who pursue high-end experience and electric vehicle performance, with stronger power and more luxurious configuration.

Which model you choose depends mainly on your needs and budget. If you pay more attention to cost performance and fuel economy, Qin L will be a good choice; If you are looking for high-end configuration and excellent performance of electric vehicles, Seal 06 is more suitable.

In a word, Qin L and Seal 06 have their own advantages, and consumers should make choices according to their own needs and budgets. I hope the comparative analysis of this article can help you to make a car purchase decision.

Huawei released its own system HarmonyOS: compatible with Android and can be used for mobile phones at any time.

  Dongguan, August 9 (Reporter Wu Tao) On the 9th, at the Huawei Developers Conference, Huawei’s own system HarmonyOS was officially released. HarmonyOS is an open source, which can be used in large screens, PCs, cars and other different devices. HarmonyOS can also be used on mobile phones at any time, but for the time being, Huawei still gives priority to Android.

  HarmonyOS system release: compatible with Android.

  According to reports, the original intention of HarmonyOS system design is to meet the high-standard connection requirements of the intelligent experience of the whole scene, so Huawei has proposed a system solution with four characteristics.

  First of all, HarmonyOS is the first time that the distributed architecture is applied to the terminal OS, realizing a seamless collaborative experience across terminals.

  Secondly, HarmonyOS system solves the problem of insufficient performance of the existing system by using two technologies: deterministic delay engine and high-performance IPC. Its application response delay is reduced by 25.7%; The efficiency of process communication is 5 times higher than that of the existing system.

Huawei developer conference site. Zhongxin. com Wu Tao photo
Huawei developer conference site. Zhongxin. com Wu Tao photo

  Thirdly, HarmonyOS system adopts a brand-new microkernel design. According to reports, this makes HarmonyOS have stronger security features and low time delay. At the same time, because the code amount of HarmonyOS system microkernel is only one thousandth of that of Linux macro kernel, its attack probability is also greatly reduced.

  Finally, HarmonyOS also supports one-time development and multi-terminal deployment through a unified IDE, realizing cross-terminal ecological sharing. In addition, Yu Chengdong, CEO of Huawei’s consumer business, introduced that HarmonyOS is compatible with Android.

  HarmonyOS open source, first used for smart screen.

  Huawei also announced the evolution roadmap of HarmonyOS kernel and OS, and will take the lead in using HarmonyOS OS 1.0 in the smart screen products launched this year. In the next three years, in addition to improving related technologies, HarmonyOS system will be gradually applied to more intelligent devices such as wearables and automobiles.

  In addition, it is noteworthy that, in order to rapidly promote the ecological development of HarmonyOS OS, HarmonyOS OS will open its source to developers all over the world, and promote the establishment of an open source foundation and an open source community, so as to jointly promote the development of HarmonyOS with developers, and make suggestions on industrial or technological development through discussion.

HarmonyOS system will be the first to be applied to the smart screen. Zhongxin. com Wu Tao photo
HarmonyOS system will be the first to be applied to the smart screen. Zhongxin. com Wu Tao photo

  Yu Chengdong said, "I believe that the launch of OS in HarmonyOS will greatly enhance the vitality of the industry and the richness of ecology, and I hope that the launch of OS in HarmonyOS will bring more colorful experiences to the whole scene era. Welcome global developers to actively support the ecological construction of HarmonyOS OS. " (End)

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General situation of Russia

  【 Name 】 Russian Federation, also known as Russia (The Russian Federation,The Russia; РоссийскаяФедерация,Россия)。

  [Area] 17,075,400 square kilometers

  [Population] 143 million (as of January 1, 2013). There are 193 ethnic groups, of which 77.7% are Russians. The main ethnic minorities are Tatar, Ukraine, Bashkir, Chuvash, Chechnya, Armenia, awar, Moldova, Kazakhstan, Azerbaijan and Belarus. Russian is the official language throughout the territory of the Russian Federation, and each Republic has the right to stipulate its own national language, which is used together with Russian in the territory of the Republic. The main religion is Orthodox Church, followed by Islam. According to the survey results of the All-Russian Public Opinion Research Center, 50-53% of Russian people believe in Orthodox Church, 10% in Islam, 1% in Catholicism and 1% in Judaism, and 0.8% in Buddhism.

  [Capital] Moscow (москва). According to the expansion plan implemented on July 1, 2012, the area is 2510 square kilometers. The resident population is 11.54 million (according to the data of the Russian Federal Statistical Office in 2012). Average temperature: January-8℃, July 21℃.

  [Head of State] Vladimir vladimirovich Putin, President of the Russian Federation (владимирвладими?о) He was elected on March 4, 2012 and sworn in on May 7.

  [Important Festival] Gregorian New Year: January 1st; Orthodox Christmas: January 7; Russian New Year: January 13th; Defender’s Day of the Motherland (former Soviet Army Day): February 23rd; International Women’s Day: March 8; Spring and Labor Day (former Soviet Union Workers’ Solidarity Day): May 1st; Victory Day of the Great Patriotic War: May 9; The adoption date of the declaration of national sovereignty (National Day) is June 12th; People’s Solidarity Day (established in 2004 to commemorate Moscow’s defeat of Polish invaders): November 4th.

  [Brief Introduction] Russia spans Eurasia, with the longest length of 9,000 kilometers from east to west and the widest width of 4,000 kilometers from north to south. Neighboring countries have Norway and Finland in the northwest, Estonia, Latvia, Lithuania, Poland and Belarus in the west, Ukraine in the southwest, Georgia, Azerbaijan and Kazakhstan in the south and China, Mongolia and North Korea in the southeast. It faces Japan and the United States across the sea to the east. The coastline is 33,807 kilometers long. Most areas are located in the north temperate zone, with continental climate as the main climate, and the temperature difference is generally large. The average temperature in January is-5 ~-40℃, and the average temperature in July is 11 ~ 27℃. The average annual precipitation is 150 ~ 1000mm.

  From the end of 15th century to the beginning of 16th century, a multi-ethnic feudal country was gradually formed with the Grand Duchy of Moscow as the center. In 1547, Ivan IV changed the title of Grand Duke to Tsar. In 1721, Peter I (Peter the Great) changed the country name to the Russian Empire. Slavery was abolished in 1861. In February 1917, the bourgeois revolution overthrew the autocratic system. On November 7, 1917 (October 25, Russian calendar), the October socialist revolution established the world’s first socialist state power-the Russian Soviet Federal Socialist Republic. On December 30, 1922, the Russian Federation, the Transcaucasian Federation, Ukraine and Belarus established the Union of Soviet Socialist Republics (later expanded to 15 member republics). On June 12, 1990, the Supreme Soviet of the Russian Soviet Federal Socialist Republic issued the Declaration of State Sovereignty, declaring that the Russian Federation has "absolute sovereignty" within its territory. In August 1991, the "8.19" incident occurred in the Soviet Union. On September 6th, the State Council of the Soviet Union passed a resolution recognizing the independence of Estonia, Latvia and Lithuania. On December 8, the leaders of the three republics of the Russian Federation, Belarus and Ukraine signed the Commonwealth of Independent States Agreement in Belovezh, announcing the formation of the Commonwealth of Independent States. On December 21st, 11 Soviet republics except the three countries of Bohai and Georgia signed the Almaty Declaration and the Protocol of Agreement of the Commonwealth of Independent States. On December 26th,The House of the Republic of supreme soviet of the ussr held its last meeting and declared that the Soviet Union ceased to exist. At this point, the Soviet Union disintegrated, and the Russian Federation became a completely independent country and the only successor country of the Soviet Union. On December 12, 1993, the first constitution of Russia after independence was adopted by referendum, which stipulated that the name of the country was "Russian Federation", which had the same meaning as "Russia".

  [Politics] The domestic political situation in Russia remains stable. Promoting modernization has become one of the main lines of Russian social and political life. On March 26, 2000, after Putin was elected president of Russia, he made great efforts to stabilize the social and political situation, gradually established a vertical power system throughout the country, and at the same time reformed and consolidated the United Russia Party in many ways to make its strength grow day by day. At the end of 2003, the party won a great victory in the Russian Duma election, occupying 2/3 seats in the parliament. On March 14th, 2004, Putin was re-elected as president with 71.3% of the votes. After the Beslan hostage incident in 2004, Putin further strengthened the vertical power system with the president as the core by changing the method of producing local leaders and the State Duma. At the end of 2005, Russia passed the NGO Law, which strengthened the management and regulation of NGO activities. On December 2, 2007, the fifth Russian State Duma election was successfully held. United Russia Party, Russian communist party, Russian Liberal Democratic Party and Just Russia Party entered the Duma. On March 2, 2008, Medvedev was elected President of the Russian Federation, and was sworn in on May 7, then nominated Putin as Prime Minister. On May 8, the State Duma approved Putin’s nomination as prime minister, and Putin became prime minister that day. On December 4, 2011, the sixth Russian State Duma election was successfully held. United Russia Party, Russian communist party, Russian Liberal Democratic Party and Just Russia Party entered the Duma. On April 4, 2012, Russia’s new "Political Party Law" came into effect. The new "Political Party Law" simplifies the registration system of political parties,It is stipulated that from January 1st, 2013, Russian political parties with 500 party member members can apply for registration. On March 4, 2012, Putin was elected President of the Russian Federation, and on May 7, Putin was sworn in, and immediately nominated Medvedev as Prime Minister. On May 8, the State Duma approved Medvedev’s nomination as prime minister, and Medvedev became prime minister that day.

  The Constitution was adopted by referendum on December 12, 1993 and came into effect on December 25 of the same year. This constitution is the first constitution after Russia’s independence, which stipulates that Russia is a democratic federal country with the rule of law and a presidential system of state leadership.

  [Parliament] The Council of the Russian Federation (Parliament) consists of the Federal Council (upper house) and the State Duma (lower house). (1) At present, the Federal Council has a total of 166 deputies (parliamentarians), consisting of one representative from the power representative organ and one representative from the power executive organ of each federal entity. Its main functions are to approve federal laws, changes in the boundaries of federal entities, presidential orders on state of war and state of emergency, and to decide on overseas garrison, presidential election and impeachment, and the relationship between the central and local governments. Federal Council President valentina ivanovna matviyenko (female) (валентинаивановна) (2) The State Duma has a total of 450 deputies (members), who have been elected from all parties in accordance with the principle of proportional representation since the fifth State Duma in December 2007. It is stipulated that political parties with 7% of the votes can participate in the allocation of seats for members. In December 2011, the Law on the Election of Deputies to the State Duma was revised again, and the "threshold" for political parties to enter the State Duma has not changed, but it is stipulated that political parties with more than 5% but less than 6% of the votes can get one seat, and political parties with 6% to 7% of the votes can get two seats; The term of office of the representative was extended from 4 years to 5 years. Its main functions are to pass federal laws, declare amnesty, and agree to the appointment of the president’s head of government. The State Duma is the sixth session and was elected on December 4, 2011. There are four parliamentary groups, namely the United Russia Party (238 seats)., Russian communist party Party Group (92 seats), Just Russia Party Group (64 seats), Russian Liberal Democratic Party Group (56 seats). There are 30 committees. Sergey Yevgenyevich naryshkin (сергейевгенеьевичне), former Chief of Staff of the President’s Office.

  [Government] The government of the Russian Federation is the highest executive organ of state power. On May 8, 2012, Putin signed a presidential decree and appointed Medvedev as the prime minister of the government. On May 21st, Medvedev’s proposal on government structure and personnel composition was approved by the President, and the new government consisted of the Prime Minister, a first deputy prime minister, six deputy prime ministers and 21 ministries. On May 8, 2013, Putin signed a presidential decree to dismiss Vladimir Yulyevich surkov, Deputy Prime Minister and Director of the General Office of the Government. On May 22nd, Putin signed a presidential decree on the nomination of Medvedev, and appointed Prikhodko, deputy director of the general office of the government, as deputy prime minister and director of the general office of the government. List of current government members: Prime Minister Dmitri Anatolyevich Medvedev (дмитрийанатол?евичм) The six deputy prime ministers are Olga Yulyev Golodets (female) (ольгаюрьевнаголоо).николаевичкозак), Deputy Prime Minister and Director of the General Office of the Government, Sergei Eduardo Prikhodko (ск Ministers are Mikhail Anatolyevich Abyzov (михаиланатолеевич), Minister of Liaison with Open Government. Viktor Ivanovich Ishayev (викторивановвичиша), Minister of Development of the Far East and Plenipotentiary Representative of the President in the Far East Federal District.Minister of Justice Alexander vladimirovich konovalov (александрвладимирое) Minister of Education and Science Dmitry Victorovici Livanov (дмитрийвиктоовичл) Minister of Culture Vladimir Rostislavovich Mezinski (владимиррростиславо) Minister of Communications and Mass Media Nikolai Anatolyevich Nichiforov (николайанатольевич)Vladimir andreyevich Puchkov, Minister of Civil Defence, Emergency Situations and Eliminating the Consequences of Natural Disasters (владиирандреевич) Minister of Health Veronica Igolevna SkoVolcova (female) (вероникаигоревнас) Minister of Labor and Social Security Maxim Anatolyevich Topilin (максиманатол?евичт)Defense Minister Sergei Kuzhugetovich Shoigu (сергейкуугетовичшойг)

  [Administrative Division] The Russian Federation is now composed of 83 federal entities, including 21 republics, 9 border regions, 46 states, 2 federal municipalities, 1 autonomous prefecture and 4 ethnic autonomous regions.

Don’t blow, don’t be black: What about Fengyun T9? The space is huge.

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Comments on the Management of Jiangyan Group’s 2023 Annual Board of Directors

() The operating comments of the Board of Directors in 2023 are as follows:

  I. Discussion and analysis of business conditions

  In 2023, the company actively responded to the complicated and ever-changing external situation, overcame difficulties, achieved record highs in business performance, increased employees’ income simultaneously, achieved the overall listing goal, made steady progress in reform and deepening, made breakthroughs in innovation, improved the governance system day by day, demonstrated its social responsibility, pushed forward the party in depth, successfully closed the year and handed in satisfactory answers, and the company’s high-quality sustainable development entered a new historical stage.

  Marketing. The first is to strengthen brand promotion. Formulate and implement the annual brand promotion plan, organize and carry out a series of publicity activities such as "5.15" public welfare publicity, "Jiangxi is the world’s delicious and delicious in Jiangyan", "Lighting the Twin Towers and making the city beautiful together", promote strategic cooperation with catering industry associations in Jiangxi Province and various cities, and strengthen terminal publicity such as supermarkets, small shops in urban and rural areas and farmers’ markets. Vigorously promote () business integration development, formulate e-commerce development plans, and enhance the brand influence on the head e-commerce platform. The second is to increase the synergy between production and sales. During the reporting period, four new varieties of salt, such as small package grain salt, were introduced. The trial production of 99.8% high-purity salt was successful, calcium chloride was put into production smoothly, and the product structure was enriched and optimized. We will continue to improve the management of product transportation and unified warehouse allocation, coordinate production logistics and transportation, ensure the stable supply of salt market, and promptly and effectively quell the "8.24" salt snapping storm in the province. The third is to fully increase market share. We will fully seize market opportunities, serve the development of new energy industry chain in the province, increase strategic cooperation with high-quality leading enterprises such as lithium batteries, photovoltaics and glass, and further optimize the customer structure of soda ash. Firmly grasp the main force of salt supply in channel positioning, and during the reporting period, the sales volume of small packaged salt in the province exceeded 100,000 tons, with a market share of over 70%, a record high since the salt reform. Fourth, the export scale has grown steadily. During the reporting period, seven new exporting countries, including Britain, Saudi Arabia, New Zealand and United Arab Emirates, exported 368,800 tons of products and earned about US$ 45.19 million. According to the data released by the General Administration of Customs,The company’s salt export accounts for more than 30% of the total national salt export for many years, and its export share is leading the country. Among them, the company’s export of salt to Hong Kong accounts for over 80% of the total export of salt from the Mainland to Hong Kong, and the export of salt to Vietnam accounts for over 70% of the total export of salt from China to Vietnam.

  Production and operation. The first is to ensure the steady operation of production. Make full use of the intelligent factory platform, strengthen the management and optimization of the whole production process, strengthen the equipment operation management, keep the dynamic steady-state operation time above 95%, and the annual output of saline-alkali calcium products has reached a new high. The second is to continue to tap the potential internally. The results of energy saving, carbon reduction and consumption reduction are obvious. The average steam consumption of alkali products decreased by 7.84% and limestone consumption decreased by 4.93%. The energy consumption of light and heavy soda ash decreased by more than 6% year-on-year, approaching the national benchmark level; Increase the technological transformation of energy-saving process equipment. A number of energy-saving technical transformation projects, such as waste heat recovery of steam condensate from soda calcination, high-temperature resin water production in power plant and waste heat recovery of secondary condensate from salt and calcium, have been completed successively, saving 10,000 tons of standard coal annually. Strengthen the management of procurement bidding, optimize the procurement pricing mechanism of important bulk raw materials such as coal, and further reduce the procurement cost. Constantly broaden the cooperation channels of logistics and transportation, and strive to reduce logistics costs. The third is to guard the bottom line of product quality. Carry out special actions to improve quality, strengthen the construction of quality management system, and strictly implement three-level quality grid monitoring. Successfully passed the on-site audit of the replacement certificate of the national salt fixed-point production enterprises. Build a high-standard testing laboratory and pass the on-site evaluation by China National Accreditation Committee for Conformity Assessment (CNAS).

  Scientific research and innovation. Companies adhere to the market-oriented, strategy-driven, relying on innovative platforms to promote the construction of science and technology center projects, strengthen cooperation with Industry-University-Research of Chinese Academy of Sciences, East China University of Science and Technology and other research institutes, and focus on technological innovation and key technology research in process upgrading, energy saving and emission reduction, new product research and development, carbon capture and utilization, lithium extraction from brine, salt cave energy storage (gas), digital transformation, etc. Jointly applied for the research project of Jiangxi Province’s major scientific and technological research and development project "Research and demonstration of key technologies of compressed air storage power generation in salt caves" in 2023, completed the registration of five scientific and technological achievements, obtained six software copyrights in intelligence, and obtained 37 new authorized patents, including four invention authorized patents. The affiliated company, Jingyao Salinization, was selected as the "5G+ Industrial Internet" demonstration enterprise in 2023 and the third batch of manufacturing pilot (cultivation) enterprises in Jiangxi Province; The affiliated enterprises Fidelity Salt Chemical and Jiangyan Packaging were awarded the title of "Innovative Small and Medium-sized Enterprises in Jiangxi Province" and "Specialized and Special New Small and Medium-sized Enterprises in Jiangxi Province" in 2023. Jiangyan Packaging also won the honorary title of "Jiangxi Science and Technology SMEs" in 2023.

  In terms of project construction. The company firmly established the concept of "project is king". During the reporting period, Fidelity retired from the city and entered the garden, and the intelligent project of 600,000 tons/year salt products entered the final stage. The trial production of the whole line of small packaging was completed, which has met the production conditions and is expected to be put into production in April 2024. The pipe network of the cogeneration central heating project in Zhangshu Industrial Park has been completely completed, and the power access system has completed the interconnection of important equipment, which is expected to be completed and put into operation in the third quarter of 2024. The high-strength calcium sulfate project changed from technical research to achievement transformation stage, which broke ground in December and is expected to be put into production in the second quarter of 2024. The energy-saving technical transformation project of soda plant was promoted in an orderly manner. The procurement of related equipment and the bidding for building construction have been completed. The energy-saving technical transformation project of salt and nitrate plant has been completed, and it has the conditions of single machine and linkage commissioning, and it will enter the trial production stage in the first quarter of 2024. Science and Technology Innovation Center completed the project establishment and design work.

  Governance efficiency. The company focuses on standardized governance and improves management efficiency in all directions. First, the three-year action of reform and innovation ended with high quality, and the reform achievement was rated as Grade A. The affiliated company Jinghao Salt Chemical Company was successfully selected as the "Double Hundred Actions" enterprise of state-owned enterprise reform of the State Council SASAC. The second is to carry out in-depth benchmarking to create value. Implement the target requirements of "one profit and five rates", continue to benchmark and create targets, strengthen the guidance of business indicators, realize the simultaneous improvement of benefits and income, and further strengthen employees’ sense of acquisition and happiness. The intensity of R&D investment and the efficiency of scientific and technological output have been continuously improved, the overall asset-liability ratio has been low, and assets are safe and of good quality. The third is to strengthen basic management and consolidate the compliance management system. Give full play to the supervision forces such as discipline inspection, auditing and legal affairs, standardize the whole process system such as external information disclosure and internal report on major issues, and establish a "firewall" for compliance operation of listed companies. During the reporting period, it was awarded the honors of "Jiangxi Social Responsibility Enterprise", "Jiangxi Leading Enterprise of the Year", "Excellent Practice Case of Rural Revitalization Project of National Listed Companies" and "Excellent Case of Corporate Governance".

  

  Ii. the industry in which the company is located during the reporting period.

  1. Salt industry

  According to the classification of uses, salt products can be divided into salt and industrial salt. Salt is a necessity for residents’ daily life, with relatively stable production and sales volume and weak demand periodicity. On the whole, the existing domestic salt production capacity is greater than the consumption demand, and there is a certain degree of oversupply. At the same time, due to the promotion of salt reduction movement and the overall stability of population size, the total domestic salt consumption is stable at around 10 million tons, and there is a slow downward trend. Since the salt reform abolished the regional restrictions and price restrictions on salt production and marketing, all provincial salt wholesale enterprises have carried out cross-regional business, and the differentiated competition in the industry has become increasingly fierce. From the point of view of product price, with the intensification of competition among major salt enterprises, the wholesale price of salt has declined, but the price of salt at Shangchao terminal has remained basically stable, and profits have gradually shifted from wholesale enterprises to retail enterprises. Therefore, enterprises with integrated production and marketing and strong channel control ability have stronger ability to cope with challenges. As a bulk raw material, the production and sales of industrial salt mainly depend on the downstream operation of the two alkali industries, with high price sensitivity and obvious periodicity. At the same time, as a basic raw material for industry, industrial salt has a high degree of homogeneity. With the improvement of energy conservation and environmental protection requirements, the technology, process and equipment are constantly upgraded, forming a salt enterprise with scale effect and cost advantage, and its competitive advantage is becoming more and more obvious.

  2. Soda industry

  Soda soda is a basic chemical raw material, which is widely used in glass, chemical industry, light industry, paper making, textile and other industries, with strong periodicity. From the supply side, there is little difference between the quality and performance of soda ash products, and the competitiveness is mainly reflected in the production cost. In 2023, the production capacity of soda ash industry will be greatly improved, and the proportion of natural soda will gradually increase, and the market competition will be intensified. With the strengthening of environmental protection, energy conservation and emission reduction, some inefficient production capacity will gradually withdraw from the market in the future, and enterprises with resource advantages, cost advantages, technological advantages, capital advantages, management advantages and circular economy model of the whole industry chain will be in a favorable position in the future competition. From the demand side, the glass industry is the most important downstream industry of soda ash. Under the background of peak carbon dioxide emissions, carbon neutrality and national strategy, the rapid growth of newly added photovoltaic installed capacity drives the growth of photovoltaic glass demand, which further drives the demand for soda ash. In addition, with the development of new energy automobile industry and the increase of green energy supply such as wind, light and water, the demand for energy storage batteries will gradually increase. As an essential material for lithium carbonate production, soda ash is expected to contribute to the new demand.

  

  Iii. Business of the Company during the reporting period

  (1) Main business

  Underground mining of rock salt; Research and development, production, processing and sales of salt products such as salt, industrial salt and sodium sulfate and salt chemical products such as soda ash and baking soda.

  (2) Business model

  The company has gradually built a perfect integrated business model of production and sales. The company has abundant upstream salt mine resources, and promotes the group operation mode of centralized procurement, production and sales of bulk materials.

  Production: according to the mode of "unified planning and fixed production by sales", the annual production plan is made according to the stable customer demand, the expected incremental orders in the market and the inventory reserve plan.

  Sales: Salt and salt chemical products are sold to domestic and foreign markets. The company’s salt (edible small package salt, salt for food processing) business adopts existing channels, self-built branches and self-built sales outlets for direct sales and wholesale. Edible salt is a necessity for residents’ daily life, and the production and sales volume are relatively stable, basically without periodicity. Industrial salt and salt chemical products are mainly sold to customer terminals through direct selling and trader mode, with the help of traders with qualified business qualifications, and the sales are all buyout. Downstream manufacturers and customers mainly include fine chemicals, glass, new energy and other industries, and the customer base is relatively stable.

  R&D: Independent internal R&D is carried out through its own provincial innovation platform, namely, Jiangxi Underground Recycling Engineering Research Center of Rock Salt Resources and Jiangxi Jinghao Salt Chemical Co., Ltd. Technology Center. At the same time, it maintains long-term and stable R&D cooperation with research institutes inside and outside the province, such as East China University of Science and Technology, Wuhan Institute of Geotechnical Mechanics of Chinese Academy of Sciences, Jiangxi University of Science and Technology, etc., and jointly builds R&D platforms to carry out R&D work.

  

  Iv. analysis of core competitiveness during the reporting period

  (A) the advantages of well mineral salt resources

  Jiangxi province is a province with large salt resources in China, in which the production capacity of well and mineral salt ranks in the forefront of the country, and well and mineral salt has more advantages in production continuity and supply stability. The rock salt resources in Jiangxi Province are located in Qingjiang Basin (now Zhangshu City and Xingan County). The "Qingjiang Yantian" covers an area of 133.06 square kilometers and has a total reserve of more than 11 billion tons. Salt raw materials are collected from underground deep well rocks below 1,000 meters. The average grade of sodium chloride in a single seam of Qingjiang rock salt deposit is as high as 96.23%, and the average grade of sodium chloride in most seams is between 50% and 80%, so the mining conditions are superior. All the quality indexes are higher than the national standards, and it is high-quality mineral salt. Jinghao Salt Chemical Company and Fuda Salt Chemical Company are adjacent to Qingjiang rock salt deposit. The mining rights of the three mining areas have a total of 640 million tons of their own rock salt resources, which are of excellent quality and provide a solid resource guarantee for the company’s long-term sustainable development.

  (B) Green circular economy and comprehensive cost advantages

  The company takes the domestic leading and international advanced underground circulating alkali-making process as the main chain, and connects the whole salt-making and salt chemical industry chain in series with the comprehensive utilization of light calcium liquid alkali slag and salt-making condensed water as the key point. Based on the absorption and introduction of underground circulation technology, new technologies such as two-phase flow circulation well injection were independently developed, and the underground circulation mode was put forward, which solved the problems of temperature reduction, transportation and well injection in the two-phase transportation of soda ash calcium liquid alkali slag. After the waste slag was injected into the well, it was used as the filler of the mined-out rock salt solution cavity, which not only strengthened the safety of the mined-out solution cavity, but also solved the treatment costs such as dam building and filter pressing, and solved the pressure of environmental protection on the ground, and effectively solved the treatment cost of soda ash liquid calcium alkali slag by ammonia-alkali method. At the same time, based on the exploitation of underground mineral salt, the company exploited low-nitrate brine (used to prepare soda ash and baking soda), nitrate brine (used to prepare salt products and mirabilite) and calcium brine (used to prepare salt products and calcium chloride products) through the combination of dilute calcium solution and underground mineral resources with different components, and completed the purification, deployment and transportation of brine through the brine deployment center. Domestic advanced technology with independent intellectual property rights is adopted to complete purification, allocation and transportation, and graded reuse of condensed water, so as to realize resource recycling in the whole process, zero discharge of production wastewater and waste liquid, low product energy consumption and high resource utilization rate. A new model of green circular economy for comprehensive utilization of resources is constructed, and a comprehensive cost competitive advantage is formed. Besides,The company has three 700t/h high-temperature and high-pressure circulating fluidized bed coal-fired boilers and two 55MW back-pressure steam turbine-generator sets in its own thermal power station, which ensures the production of steam in the company’s existing devices, realizes most self-sufficiency in electricity, and has comprehensive benefits such as energy saving and environmental protection.

  (C) the advantages of integrated production and marketing

  The company has absolute advantages in production qualification, resource reserve and comprehensive production cost, and is one of the first modern joint-stock enterprises in the industry to realize the integration of production and sales. The company has built two modern production bases, namely, Jinghao Salinization and Fuda Salinization, and formed two core business segments, namely, salt making and salt chemical industry, which have obvious characteristics and strong competitiveness. It has a complete procurement, production and sales system, and Jinghao Salinization and Fuda Salinization have both passed the national high-tech enterprise certification. With the further extension of the company’s industrial chain, the upstream and downstream of the industrial chain have built a stable and mutually beneficial co-production and co-marketing system with win-win cooperation, and the scale cost advantage has been further enhanced.

  (D) Channel advantages

  Based on Jiangxi salt market, the company has built a commercial circulation network all over the province’s urban and rural areas, realized the intensive cultivation and channel sinking of the salt market in Jiangxi Province, stabilized the carrying capacity and value of the channel, occupied a dominant position in the salt market in Jiangxi Province, and was the main supplier of salt products in southern China. At the same time, the company launched an e-commerce platform and live delivery, and opened up a variety of online sales channels. In addition, the export business has been increased year by year. The company’s products are sold to Hong Kong, Macau, Taiwan Province and other regions, as well as countries and regions such as Britain, Saudi Arabia, New Zealand, United Arab Emirates and Southeast Asia. The export volume of salt accounts for more than 30% of the total national export volume, ranking the leading position in the country.

  (E) Market location advantages

  Yichun City and Xinyu City, Jiangxi Province are important lithium battery material production bases and photovoltaic industry gathering places in China, which are important sales markets for the company’s soda ash products and close to downstream industry gathering places, creating good conditions for the company to develop and serve high-quality customers. In addition, Guangdong, Fujian, Zhejiang and other provinces bordering Jiangxi Province are one of the largest consumption regions of chemical raw materials in China, which are close to the consumer market and have few competitors in the regional market, forming a relatively obvious market location advantage.

  

  V. Main operations during the reporting period

  In 2023, the company actively responded to the complex and ever-changing external situation. The company adhered to the goal of high-quality development, focused on key difficulties, strived for progress steadily, based on innovation, improved quality and efficiency, and promoted a substantial increase in operating performance throughout the year. The company achieved a total operating income of 2.888 billion yuan; The total profit was 590 million yuan, a year-on-year increase of 17.89%; The net profit attributable to shareholders of listed companies was 495 million yuan, a year-on-year increase of 17.47%.

  

  VI. The Company’s Discussion and Analysis on the Company’s Future Development

  (A) the industry pattern and trends

  (II) Company development strategy

  Adhere to the strategic main line of comprehensive recycling development and utilization of salt resources, focus on serving the national strategy, serve the overall development of the province, and serve the social and people’s livelihood security. Based on salt, strengthen and expand the strategic function of salt as "the ancestor of all kinds of flavors, the mother of chemicals, the foundation of new energy and the foundation of new materials".

  Focus on the main business, consolidate and strengthen the salt chemical sector, and build a competitive barrier for comprehensive utilization of salt resources; Enlarge the salt production and circulation sector to create a second growth curve; Accelerate the integration into Shuangxin (new energy and new materials) track, develop new businesses such as salt cave energy storage (gas) and comprehensive utilization of carbon dioxide, cultivate new growth poles, and accelerate the construction of a leading salt industry group in China.

  (3) Business plan

  In 2024, the company will focus on the overall goal of "enhancing core competitiveness and promoting high-quality development", and take advantage of the situation and forge ahead. First, strive for strong management, promote industrial transformation and brand upgrading, and strive to create a "value river salt." Focusing on improving the comprehensive recycling value of salt resources, we will further build, extend and strengthen the chain, accelerate the project under construction to achieve stable production and promote the high-end, green and intelligent development of salt making and salt chemical industry. Promote the "horizontal integration" of the salt industry chain, release the synergistic advantages of production and marketing, consolidate and enhance the market share of salt in the province and the leading edge of overseas markets, and vigorously open up markets outside the province. The second is to take the opportunity of reform, deepening and upgrading actions, comprehensively set standards and create standards, and strive to create a "vibrant river salt". Promote the long-term modernization of corporate governance and operating mechanism. Strengthen the training of cadres and talents. Implement the company’s talent development plan and training plan, do a good job in the construction of enterprise cadres’ talent team, and help the strategy of "strengthening enterprises through talents". According to the assessment orientation of "one profit and five rates", we will improve the assessment index system of high-quality development and solidly promote the company’s "14 th Five-Year Plan" objectives. The third is to persist in scientific and technological innovation to achieve green transformation and development, and strive to create "innovative river salt". We will deepen cooperation with Industry-University-Research and continue to promote the implementation of key technology and key product innovation projects. We will promote major projects under construction and research and development, such as high-strength calcium sulfate, energy storage in salt caves, lithium extraction from brine and comprehensive utilization of carbon dioxide, and continue to promote the green transformation of enterprises. Accelerate the construction and digital transformation of science and technology innovation center, and build the company’s intelligent production, intelligent management, intelligent operation and intelligent warehousing system.Realize intelligent production and digital management. The fourth is to highlight the leadership of party building, continue to promote the integration of study and implementation with production and operation, and strive to create "diligent and honest salt". Strictly implement the "three majors and one big" decision-making system, integrate the construction of diligence and honesty into the overall development of enterprises, and give play to the effectiveness of supervision and governance. Encourage and guide managers at all levels to dare to take responsibility and do good deeds, and thoroughly practice the company’s responsibility culture. The fifth is to fulfill the mission of state-owned enterprises and strive to create a "responsible river salt". Coordinate development and safety, implement the requirements of rural revitalization and safe construction, focus on preventing and resolving various risks, do a good job in environmental protection and social responsibility disclosure, promote the development achievements of enterprises to benefit more cadres and workers, and create a good atmosphere of harmony, entrepreneurship, harmony and peace.

  (4) Possible risks

  1, the macro environment and the risk of product price fluctuations.

  The company’s main products, such as industrial salt and soda ash, belong to bulk raw materials, and the company’s operating performance is greatly related to the macroeconomic prosperity and the development of downstream industries. Commodity prices are influenced by economic environment, supply and demand and other factors. If the future macroeconomic uncertainties lead to downward pressure on the economy, it will inhibit the sustained growth of the company’s performance. The company will strengthen the prediction of economic operation and market, optimize production technology and flow while improving the efficiency of product development and utilization, improve production efficiency, and strive to reduce production and manufacturing costs. At the same time, it will actively expand the market, increase market share, increase production and sales, and reduce business risks brought about by price fluctuations.

  2. Market operation risk

  With the progress of salt reform, the independent operation of salt enterprises across provinces has intensified the competition in the salt market. If the competition in the salt market continues to increase in the future and the price fluctuation of salt increases, it may have an impact on the company’s performance. The company has the strength to actively go out and seize the market across regions. The company will pay close attention to the industry development and market changes, and make timely response strategies to open up a broader space for the company’s development.

  3. Safety and environmental risks

  As a chemical production enterprise, the company has certain safety and environmental protection risks. However, the company attaches great importance to safety production, has established a perfect safety production management system in accordance with relevant national laws and regulations, and has continuously accumulated rich experience in preventing safety production accidents. At the same time, under the background of the national development strategy of "peak carbon dioxide emissions, carbon neutrality", various pollution control and emission reduction measures have been implemented, new technologies and new processes have been adopted to carry out energy-saving and carbon-reducing technological transformation, and a set of environmental protection related systems have been established and effectively implemented, so as to continuously build green factories. The company’s existing production devices and investment projects with raised funds meet the requirements of national industrial policies on industrial layout, device scale and technology, energy consumption and environmental protection.

China has the largest mobile payment scale in the world, but it is not the most developed country without cash payment.

Our wallets will eventually shrink more and more, regardless of whether the salary rises or not. Today, when roadside stalls are all paid by scanning code, fewer and fewer people will go out with a lot of cash.

The trend of cashless society is spreading all over the world. Recently, consulting firm Capgemini and BNP Paribas jointly released the World Payments Report 2018, which counts the cashless transactions in many countries around the world.

According to the report, in the reporting period (2016), the country with the largest number of cashless transactions was the United States, ranking first with 148.5 billion transactions, the euro zone ranked second with 74.5 billion transactions, and China, with the most developed mobile payment, ranked third with 48 billion transactions.

Although the number of cashless transactions in China is less than one third of that in the United States, the growth rate of the share of cashless transactions ranks second in the world. The report predicts that by 2021, the total amount of cashless payment transactions in China will surpass that in the United States and become the first in the world.

In terms of per capita times, Sweden has become the country with the largest number of per capita non-cash payments with 461.5 per capita electronic transactions. Sweden was the first country to print paper money, but it may also be the first country to eliminate cash. There is another interesting true story about the cashless society in Sweden:

A man broke into a bank. "robbery! I want cash! The bank clerk gave him a cold look, pointed to a sign on the wall saying "no cash place" and told him that the bank had no cash and his demands could not be met. The robber was puzzled. Before leaving, he asked the staff, "Where else can I go? 」

The report pointed out that the rapid growth of cashless payment in China benefited from the large popularity of mobile payment. A report by Better Than Cash Alliance, a subsidiary of the United Nations, pointed out that the market size of social network payment (Alipay and WeChat) in China reached 2.9 trillion US dollars in 2016, which increased 20 times in the past four years. At present, Alipay and WeChat payment have occupied more than 90% of the mobile payment market in China.

▲ Annual transaction amount of China Mobile Payment.

In recent years, people in China have also strongly felt the convenience brought by mobile payment. From eating, shopping, watching movies, buying food in the vegetable market to taking the bus and subway, you can basically use mobile payment to solve all the consumption scenarios you can think of.

▲ Image from: Wall Street Journal

Capgemini predicts that the global digital transaction volume will increase from $598 billion to $876 billion between 2018 and 2021. In Asia, led by China, digital payment will lead the world with a compound growth rate of 29% in the next four years, while the growth rates in North America and Europe are much slower, both less than 10%.

In fact, in terms of the scale of mobile payment, China is already the first in the world. According to the data of Forrester Research, in 2016, the mobile payment market in China reached 9 trillion US dollars, the mobile payment market in the United States reached 112 billion US dollars, and the mobile payment market in China was nearly 90 times that in the United States. In 2017, the scale of mobile payment transactions in China has exceeded 200 trillion yuan, ranking first in the world.

But why in Capgemini’s report, the United States is the largest country without cash payment. This is related to the statistical method of the report. In addition to mobile payment, the "no cash" in the report also includes cheque, debit card, credit card payment, credit transfer and direct debit transactions.

It is not difficult to explain why the United States, where mobile payment is underdeveloped, still has the largest cashless transaction volume in the world. The United States has a mature credit card system, and credit cards have become the most mainstream payment method for the American people, with 40% of the total global credit cards coming from the United States.

However, the high maturity of the credit card system has greatly inhibited the development of mobile payment in the United States. A large number of concessions are tied to credit cards, and the American people have no incentive to loosen their credit cards at all.

The development of mobile payment in China far exceeds that in Europe and America. A deeper reason is that China consumers have not formed the habit of credit card consumption, and it is easier to accept mobile payment. According to a report by Goldman Sachs, China people have an average of 3.6 debit cards, but only one third of them have credit cards, which forms two extremes with the United States.

In addition, Apple CEO Tim Cook also talked about China Mobile Payment in an exclusive interview with Ai Faner some time ago. He put forward a novel point of view:

China has not experienced the so-called desktop Internet stage, but embraced the mobile Internet directly, so consumers in China do not have the burdens of the desktop Internet era in their minds, which explains to some extent why the mobile payment share in China is so high.

If the lack of credit card consumption habits is the core reason for the rapid development of mobile payment in China, then the popularity of smart phones and 4G networks has cleared the last obstacle and reconstructed the whole offline consumption scene with the help of QR codes.

A colleague of Ai Faner once encountered a strange thing when she was shopping. When she took out a hundred-dollar bill to pay the bill, the cashier froze for a few seconds because no one had paid in cash for too long.

When was the last time you spent money in cash?

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