【 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.

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() 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.

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.

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.

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?

The title map comes from:

　　September 27, 2007, Business Society

　　I. Price trend

　　According to the commodity analysis system of the business community, the price of light soda ash fell this week. As of September 27th, the average market price of soda ash was 1,614 yuan/ton, down by 46 yuan/ton compared with the price of 1,660 yuan/ton at the beginning of the week, down by 2.77% and down by 10.83% compared with the beginning of the month.

　　Second, the market analysis

　　According to the commodity analysis system of the business community, the soda ash market as a whole was weak this week. At the supply end, the overhaul enterprise equipment resumed operation, the utilization rate of soda ash capacity was improved, the supply of market goods increased, the inventory pressure of manufacturers was greater, and the focus of soda ash transaction continued to move down; On the demand side, the downstream fell first and then stabilized, and the demand for soda ash was limited. Before the holiday, the downstream replenished on demand, some soda ash enterprises shipped, and the price of soda ash in some areas increased. On September 27th, the price of soda ash in East China increased slightly, and the mainstream market price of light soda ash was about 1430-1600 yuan/ton. The price of soda ash in central China has increased slightly, and the mainstream market price of light soda ash is about 1350-1550 yuan/ton.

　　Demand: According to the commodity analysis system of the business company, the price of glass fell first and then stabilized. As of September 27th, the average market price was 13.45 yuan/square meter, which was 0.74% lower than the average market price of 13.55 yuan/square meter at the beginning of the week. The glass market started to decline, but the overall situation was still weak, with limited inventory reduction. Downstream purchases and purchases were followed up as needed, and glass prices were weak.

　　The market outlook predicts that at present, the utilization rate of domestic soda ash capacity is high, the inventory pressure of spot soda plants is high, the downstream glass industry is temporarily stable, the demand support is still limited, the soda ash market is insufficient, and the atmosphere in the venue is cautious. It is expected that soda ash will be sorted out in the short term, depending on the downstream market demand.

Our reporter Liu Jinmeng photo

　　editorial comment/note

　　Since the emergence of "professional counterfeiters", this group has been controversial. It is undeniable that "professional counterfeiters" have played a positive role in promoting market purification and establishing consumers’ awareness of rights protection. However, when some of them are no longer aiming at solving consumer disputes, but demanding high compensation, or even falsifying evidence to extort money from businesses and using malicious complaints to report for their own profit, "counterfeiting" has changed its flavor.

　　"Counterfeiting" has become a "fake fight", which obviously deviates from the original intention of legislation and the original intention of protecting consumers. On the contrary, the real problem of consumer rights protection cannot be solved. In just three months, it involved cracking down on "malicious reporting of illegal profit-making behavior" and "taking ‘ Counterfeiting ’ The central document of the name of extortion was issued twice. At the legislative level, all localities have also strengthened the revision of relevant legal provisions and resolutely said no to extortion under the banner of "safeguarding rights."

　　Li Hua (pseudonym), the owner of a silk scarf dealer in Changchun, wanted to compromise and spend money when he was asked for compensation by a "professional counterfeiter" with a silk scarf material appraisal report. However, not long ago, he approached the Changchun Consumers Association for consultation, only to realize that he could first compare the report issued by the claimant with the quality inspection report of the goods themselves.

　　It was discovered by this comparison that the silk scarves inspected by the claimant were simply "crowned with pride" and the goods were completely different. Li Hua immediately reported the case and lamented that he "successfully escaped a robbery."

　　Recently, a survey by the Workers Daily reporter found that some people are actually making "professional claims" for illegal profits in the name of "professional counterfeiting". Its purpose is not to crack down on counterfeiting and protect consumer rights, but to demand high compensation, create a large number of malicious reports, and repeatedly extort money from businesses.

　　Change the bag, blackmail and pester the lawsuit, and "fake" becomes "fake"

　　Zhong Ping, secretary-general of Changchun Consumers Association, still remembers that more than ten years ago, a gentle and articulate complainant came to Changchun Consumers Association, reflecting that the food he bought in a supermarket violated the regulations and was labeled as health care function, and wanted to claim compensation.

　　After exchanging professional knowledge with him, the complainant said, "I have traveled a lot in Northeast China, as far as you know", and Zhong Ping realized that she had met a "professional counterfeiter". At that time, Zhong Ping was deeply impressed by this gentle and professional complainant with reasonable demands.

　　"At that time, I quite agree with the emergence of these people. Because they are very professional, their behavior can play a positive role in purifying the market, and the other is to urge our relevant staff to improve their business ability and quality. " Zhong Ping said.

　　"On our complaint platform, many people directly say that they are professional counterfeiters, and the scope of complaints is getting wider and wider." Zhong Ping said, "At first, most of them were aimed at food. Later, communication services, clothes, furniture and other commodities became the targets of counterfeiting, and many of them claimed for details such as product descriptions and advertising words."

　　After handling many cases, Zhong Ping gradually discovered that many "professional counterfeiters" have turned "counterfeiting" into fraud.

　　"Some people report maliciously, not for the purpose of purifying the market, but for asking merchants to take money privately, implement threats, false evaluations or even blackmail, falsify evidence and make illegal profits." Zhong Ping told reporters that she had been complained to the higher authorities by a very strong "professional counterfeiter". Once such cases were not handled as expected, they would repeatedly complain and importune.

　　The shopkeeper engaged in cross-border e-commerce in Hangzhou, Zhejiang Province was threatened to report by a mother and son from Shanghai on the grounds of defective product labels, and had to "pay tribute" to 600 yuan’s goods every month for two consecutive years, until they were sentenced for extortion; A Taobao shop owner was targeted by "professional counterfeiters" for using exaggerated slogans and had to pay 2,000 yuan for recognition; The QQ group claiming for counterfeiting claims that it only needs 30 yuan to "learn from the teacher" to obtain the "claim tips" … …

　　According to the recent symposium on professional claim behavior, which was jointly attended by the market supervision department, China Consumers Association and enterprise representatives, in recent years, the number of malicious complaints and reports of "professional claim" initiated in the name of "counterfeiting" and "safeguarding rights" has exceeded 1 million every year.

　　In the court’s judgment, professional counterfeiters win or lose differently.

　　The reporter used "professional counterfeiting" as the key word in China’s refereeing documents online, and retrieved 1,382 refereeing documents this year, which was significantly lower than 3,348 last year. In many documents with a relatively recent date, the counterfeiters won or lost in court judgments, and most of them were sentenced to return the goods because of the real problems of the goods, and the multiple compensation claims were not supported.

　　In July 2018, the post-90s "professional counterfeiter" Han bought 12 bottles of imported brand red wine in a wholesale supermarket in Qingdao twice, paid 20,160 yuan for the wine, and filmed the whole purchase process. Subsequently, Han sued the supermarket to the court of the jurisdiction on the grounds that the imported red wine labels sold by the supermarket did not meet the national standards, requesting an order to return the purchase price and paying 10 times compensation of 201,600 yuan.

　　During the trial, the four effective judgments submitted by the defendant supermarket showed that Han had sued several different defendants at the same time in the Xiangzhou District People’s Court of Zhuhai City, Guangdong Province, and all of them demanded the defendants to refund the purchase price and pay 10 times the compensation on the grounds that the purchased products did not have Chinese labels. At the same time, the forms of evidence submitted by Han in several cases are basically the same. According to statistics, there are more than 50 cases in this batch, involving more than 4 million yuan.

　　The court of first instance ruled that the supermarket returned the payment of 20,160 yuan to Han, but did not support his claim of 10 times. Han refused to accept it and appealed to the Qingdao Intermediate People’s Court. The final judgment of Qingdao Intermediate People’s Court was changed: the supermarket returned the payment of 20,160 yuan to Han, and paid him compensation of 201,600 yuan, and Han returned the red wine.

　　"Professional counterfeiters" are not so lucky.

　　Xingmou has successively purchased 75 electric vehicles with a certain brand exceeding the standard, and commissioned the research institute to conduct testing. The results show that many items of electric vehicles are unqualified. Since 2017, Xing has gone through 17 court sessions, rulings and judgments, sued the court for a return and was punished with "one loses three". The Court of Final Appeal held that Xing, as a professional counterfeiter, did not buy or use goods or receive services for his daily needs, and was not a consumer as stipulated by law, so he did not support his claim of triple compensation.

　　Defining the red line is the key between legality and illegality.

　　"It’s a cold winter in the spring … … I suggest that all colleagues who fight counterfeiting must follow the principles of legitimacy, necessity, rationality and legality. " In April this year, "anti-counterfeiting fighter" Wang Hai said at the fifth "315 Anti-counterfeiting Forum" held in Beijing.

　　Wang Yuqi, a lawyer of Guangdong Guanghe (Changchun) Law Firm, told the reporter that from the actual case, there is only a thin line between the legality and illegality of professional counterfeiting, and the attitude of judicial practice is becoming more and more cautious.

　　The reporter of Workers Daily found that in recent days, many courts have issued judgments against "professional claimants" under the banner of "defending rights" and "counterfeiting", which are actually extortion.

　　For example, a 90-year-old man in Longyan, Fujian used the absolute term "extreme words" defined by the advertising law to make malicious complaints and extortion against online shop sellers, and was sentenced to 1 year and 8 months in prison by the court and fined 15,000 yuan; Shanghai Changning District Court sentenced Wang, a "professional claimant", to three years and three months in prison and fined him … … According to media reports, not long ago, four provinces and cities, including Henan and Xiamen, listed "professional counterfeiting" for extortion and illegal profits as "eliminating evils".

　　"The urgent task is to explore effective methods on the basis of summarizing the characteristics and problems of professional claims, and clearly define the red line between legal claims for professional counterfeiting and extortion. Reasonable and legal professional counterfeiting should be supported, but extortion must be punished. " Wang Yuqi said.

　　"Judging from the complaints this year, professional anti-counterfeiting behavior has been significantly reduced." Zhong Ping suggested that while opposing and severely punishing illegal counterfeiting, relevant departments should also formulate attractive reward mechanisms for legitimate "professional counterfeiters", guide them to exercise their anti-counterfeiting rights in the right way, play their positive role, and unblock the combination. Only in this way can the root cause be cured.

　　Some netizens also said that professional anti-counterfeiting was born to meet the market demand, and it was the market that finally exercised the right of elimination. Enterprises don’t sell fakes, product quality passes, and business integrity, counterfeiters will gradually disappear.

　　[Autohome News] Before 2020, our Chinese brand’s medium/medium and large SUV products were still rare, and the market was almost monopolized by overseas brands. At that time, we were still very cautious about this market. Even if there were products, most of them showed brand perception and technology, and did not pursue market performance. However, the growth of our Chinese brands in the past two years has indeed made rapid progress, especially in the new energy market. Medium/medium and large SUVs have gradually become the mainstream. Not only is the market demand increasing day by day, but our products are also becoming more and more mature.

　　Recently, it has also become a period of product explosion in this market, including the new (|), the new Wenjie M7, Lynk & Co 08 EM-P and the new Xiaopeng G9 have been launched, and new players such as Zhiji LS6 are waiting for an opportunity. What is their market prospect? What is the sales policy now? Let’s go to the store again to find out.

◆　The new NIO EC6
Price range: 35.80-41 6,000
Product features: LiDAR upper body, appearance/configuration have been upgraded
Store location: direct sales model, there are many supermarket/store layouts. At present, there are 134 NIO centers, 286 NIO spaces, 304 NIO service centers and 58 NIO delivery centers globally

　　The new NIO EC6 was officially launched on September 15, with two versions priced at 358,000 (75kWh) and 416,000 (100kWh). It stands to reason that it is beyond our 300,000 car purchase budget, but after using the NIO BaaS battery rental plan, the price of both models is 288,000 (battery rental 980 yuan/month and 1680 yuan/month), just within the budget, plus a good heat, so we decided to add it to this car purchase survey.

　　The new EC6 has not been listed on the day of arrival, so there is only one.10,000 points for booking (deposit 5000 yuan)Other relevant policies are subject to those announced at the time of official listing. Detailed information can be found atClick here.Check, the delivery cycle is about 2 weeks. At that time, although the price of the new EC6 has not yet been released, the sales said that it is expected to be about 350,000, which is very close to the actual price. The order data is also relatively good. There are already more than 10 orders in the store, and one can be added every day on working days, and about 3 on weekends. The order is mainly for young people. Older users are also interested, but they have not placed an order. They still want to wait for the listing price to come out. Overall, the market prospect is relatively optimistic. It is worth mentioning that although the new EC6 has no discounts, there are no discounts in the storeES8 and ET7 have a small number of stock cars, you can get a discount of 10,000 yuan…

　　One of the main upgrades of the new EC6 is the appearance, and the other is the intelligent performance. The appearance aspect includes changing the appearance to a new design style, and at the same time provides 9 body colors to choose from. The interior will also provide 3 exclusive color schemes. It just so happens that the car on display adopts the Danxia red color scheme, which is very classy. In addition to intelligence, the new car is equipped with the latest banyan system and NOP + driving assistance. This time I came to the store just in time for the system upgrade, and I couldn’t actually experience it. However, friends who want to know more about the new car can also check our previous detailed experience videos.

　　The NIO EC6 was first launched in 2020, which can be regarded as a pioneer for Chinese brands to enter the medium-sized SUV market relatively early. At that time, it was also regarded as one of the strong competitors of Tesla Model Y. After the previous generation EC6 was launched, it achieved a monthly sales of 3,000 +, which is also a meritorious model that helped NIO achieve monthly sales of over 10,000 and successfully ranked among the top three new forces. With the launch of the new EC6, it can be regarded as the last piece of the puzzle of the NIO NT2.0 platform. It is bound to bear the burden of sales again. The future market performance is what we all look forward to.

◆　New Xiaopeng G9
Price range: 26.39-35 9,900 yuan
Product features: configuration adjustment, more people-friendly, more practical
Store location: mainly based on the direct sales model, but also developing the dealer model.Supermarkets are the main ones, and there are also departmental stores.

　　The new Xiaopeng G9 just listed on September 19, after the completion of the change, the new car has finally dropped to 300,000, a total of 5 models, the price range is 26.39-35 9,900 yuan. At the same time, you can also enjoy the air suspension time-limited 20% off, car color limit free, delivery gift package, replacement subsidy, intelligent upgrade and other subsidy policies, while there are points compensation and hardware upgrades for old owners and so on.

　　This time, the Xiaopeng G9 has been mainly adjusted for the configuration. For example, the Danao audio + 5D music cockpit is replaced with an optional configuration, and the standard Xiaopeng XOpera brand audio is equipped. In practice, this self-developed audio can also provide a good listening experience for front and rear passengers, which is completely sufficient for the vast majority of people. In addition, the car system still maintains a relatively high level, and the voice response is very sensitive, which has always been XPeng Motors’ expertise. Of course, in addition to the audio, the new Xiaopeng G9 has many details to adjust. For details, you can click here to view.

　　There is a new G9 570max model display in the store. This is also the configuration mainly promoted by Xiaopeng G9. The new G9 has not been listed when it arrives at the store.The deposit is 5,000 yuan, and delivery is expected to start in 1 month.In addition, sales representationThe old Xiaopeng G9 can have a discount of 10,000 yuanHowever, there are only a small number of existing cars, and they are not available when they are sold out. But users who come to the store are basically waiting for the launch of the new G9. After all, there was news at that time that the price of the new model would be cheaper, and the configuration adjustment would not be large.

　　Xiaopeng G9 was officially launched in September 2022 at the earliest, and it has been exactly one year. As the flagship product of XPeng Motors, although its intelligent driving and charging capabilities have been raised to a new height, the pricing of 30.99-46 9,900 yuan has not been recognized by the market. Except for the sales volume of 4,000 in December 2022, the average monthly sales volume in other months basically hovers around 1,000. After the launch of the new Xiaopeng G9, the price range will be greatly reduced. Can it be recognized by the market again?

◆　New Q Jie M7
Price range: 24.98-32 9,800 yuan
Product features: five-seat version, Huawei ADS 2.0 smart drive, all-aluminum chassis
Store location: Huawei direct sales are mainly in supermarkets, while Sailis direct sales are mainly in industrial park stores, and supermarkets have a wider layout

　　The new Q & J M7 was officially launched on September 12, with a total of 5 models and a price range of 24.98-32 9,800 yuan. Since the new car was pre-sold at the Chengdu Auto Show in August, the cumulative order exceeded 15,000 units within 24 hours of listing, and 2700 new orders were added on September 17, creating a new high for the brand’s single-day orders. It can be seen that whether in the supermarket Huawei store or the Q & J 4S store, the new Q & J M7 has become a well-deserved star product.

　　According to sales, the new M7 store can basically guarantee a daily increase of 2-3 orders, and can double on weekends, mainly young consumers, most of them choose 5-seat smart driving version (309,800), Huawei ADS 2.0 smart driving is still very attractive to young consumers, and the older ones will basically choose the rear drive version (5 rear drive version sold 249,800, 6 rear drive version sold 269,800 yuan). According to previous news, Huawei ADS 2.0 smart driving system is expected to be in the National Open City NCA in December, when it may usher in another wave of sales.

　　If you place an order before the first sales period on October 7, you can get a cash discount of 6,000 yuan, a matching fee of 12,000 yuan and a matching benefit of 15,000 yuan (choose one of three). In addition, there is a replacement subsidy of 15,000 yuan in the store, and the sales rights are still quite attractive. Although the new Q Jie M7 will be delivered when it is listed, if you place an order now, the delivery cycle will take about a month. It is worth mentioning that the new Q Jie M7 has a new 5-seat version with high comfort in the rear row, which is the most comfortable in this visit. In addition, Hongmeng Smart Cockpit 3.0 also has excellent performance. Except for the slightly slow automatic speech recognition (possibly due to signal problems in the exhibition hall), other performances are impeccable.

　　Wenjie M7 was first launched in July 2022. Under Huawei’s halo blessing, it achieved good market feedback in the early stage of listing. The highest monthly sales exceeded 5,000 units, but it fell sharply after 2023, with the average monthly sales falling to about 1,000 units. The new Wenjie M7 can be said to have been adjusted very timely and successful, especially at the moment when Huawei’s new mobile phones are released, the new M7 is also taking advantage of the momentum and has the potential to enter the first echelon.

◆ Lynk & Co 08 EM-P
Price range: 20.88-28 8,000 yuan
Product features: Meizu car machine, new design language/pure electric battery life 245km
Store location: dealer model, mostly industrial park stores, few supermarkets

　　Lynk & Co 08 ushered in the official listing on September 8. This time, a total of 5 models were launched, priced at 20.88-28 8,000 yuan. Through communication with sales staff, it was found that there are no other preferential policies in the store. For consumers who want to buy Lynk & Co 08, they can only refer to the official rights and interests released when they were listed. At present,Lynk & Co 08 all models can enjoy 9,000 yuan to enjoy the gold when placing an order. At the same time, you can also upgrade the Harmanka 23 speaker audio bag worth 10,000 yuan for free. The optional "Technology Pride Smart Enjoy Pack" can get 7,500 yuan for five years of NOA function service. In terms of replacement subsidy, you can enjoy a replacement/additional purchase subsidy of up to 6,000 yuan. In addition, you can also get 300 yuan worth of Meizu Mall 30,000 points.

　　According to Geely’s official sales figures, the Lynk & Co brand sold 18,696 units in August, an increase of about 9% month-on-month and an increase of about 24% year-on-year. According to previous data, less than a week after the new car opened for pre-sale on August 8, the order has exceeded 10,000 units. On the same day, I communicated with the staff in the Beijing store and learned that since the official listing of Lynk & Co 08 as of September 15, the current in-store sales have exceeded 100 units. In this way, this store alone has an average of more than 10 orders per day. It seems that the popularity of new cars is still very high. During our viewing, there are staff who are explaining the functions of the car system to users. It can be seen that users are still very concerned about the intelligent configuration of vehicles.

　　The new car uses the latest LYNK Flyme Auto Meizu car system. The sales staff in the store said that it has the same level of fluency as the mobile phone, and the actual experience is really good. Our experience of zoom navigation, one-handed sliding interface, switching between different interfaces and other conventional operations did not find any cards or slow responses during the process. Basically, we can realize finger operation where to hit, and the response is very fast. In addition, we also experienced the automatic speech recognition function of the car. Lynk & Co 08 can only support voice conversations in a single area. When the main driver issues a voice command, the co-pilot immediately sends out a voice command that cannot be recognized. In this regard, we can compare the M7, which can support continuous dialogue in different zones and increase the convenience of continuous operation for different passengers in the car. But for the usage habits of different users, we can’t give absolute good or bad evaluations.

　　In addition to the function of the car, when we learned that the Harmanka stereo can be replaced for free, we immediately carried out the experience, which does continue the consistent characteristics of its brand, with excellent sound resolution. In addition, we hope to give users a certain reference in the car purchase experience. Looking back at our car store this time, the overall scale is relatively large, and different models have cars on display. There are also a small number of official used cars in the store. The service attitude of the sales staff in the store and the patient explanation provided us with a good car viewing experience.

◆ Zhiji LS6
Pre-sale price range: 23- 300,000 yuan
Product features: DIY personalized dress-up/technology cockpit design, GPT large modelgo online
Store location: direct sales model, mostly supermarket stores, industrial park stores are rare

　　Zhiji LS6 has opened pre-sale at the previous Chengdu Auto Show, and the pre-sale price range is 23-300,000 yuan.The new car plans to show the car to the store on September 22. By inquiring about the sales in the store, it is expected that the official price will be maintained within 300,000 yuan, and it will be officially listed and delivered in October. At present, there are no additional preferential policies in the store, and it is still based on official rights and interests. At present, the preferential activities that provide 2,000 yuan of intention gold to 5,000 car purchases also include 10,000 yuan of optional funds. For L7/LS7 owners, they can enjoy another 10,000 yuan discount.Since the pre-sale started at the end of August, as of the day of the survey on September 15,The national order volume of Zhiji LS6 has reached 15,000 units.

　　The new car offers a total of 7 body colors. According to the store, the current main colors are brown, cyan and pink. Obviously, pink bodies are more popular with female consumers. Interestingly, although we didn’t see the real car, the in-store sales explained to us a variety of personalized gameplay of Zhiji LS6, including DIY replacement of different colors of rim decoration, side skirt trim and rear spoiler trim and so on.

　　Since there are no show cars in the store at present, we did not experience the actual operation of the car and machine system this time. However, in the store we experienced the car and machine of Zhiji L7 and the voice control system. The overall recognition speed needs to be improved compared with other vehicles of the same class. Looking forward to LS6’s improvement in this regard. The Zhiji car we investigated this time is a store located in a large shopping mall. The store decoration style is similar to the reduced version of the car show booth, located in the central lobby area of the mall. The service attitude of the staff in the store and the professional performance of the product are acceptable.　

Editor’s comment:

　　This time we are mainly limited to about 300,000 of new products to the store survey, but in the domestic new energy market, of course, there are many BYD, Tengshi and ideal brands have very good products have been affirmed by consumers. An obvious feeling is that compared with the previous store survey by price, preferential and other stimulus policies, this survey we are more impressed by the product force.

　　They are not only trying their best to meet the harsh conditions of consumers "both want, want, and want", but also form brand differences through details and bring some unexpected joy. So if you buy a car 300,000 budget, what aspects do you value most and which model will you choose? Which new car market conditions do you want to see? You are welcome to leave a message in the comment area, our car purchase investigation team is always ready. (Text/Autohome Guo Chen, Yao Yu)

Image source: NIO

On September 21, the long-rumored NIO phone finally appeared. At the NIO IN 2023 NIO Innovation and Technology Day, founder Li Bin officially released the flagship smartphone NIO Phone to the outside world.

At the beginning of the mobile phone launch session, Li Bin responded to the long-curious question of the outside world to everyone present – why does NIO make mobile phones?

"This is definitely not because mobile phone companies are building cars, nor is it because NIO doesn’t make money from cars now, but relies on mobile phones to make profits," Li Bin said. "Our reason is actually very simple and well-considered – because users need a mobile phone that is seamlessly connected to NIO, and we want to make NIO products better."

He showed how the phone can be seamlessly integrated into the car, both in terms of hardware and software.

First of all, the hardware configuration of the NIO Phone is basically the same as the flagship mobile phone on the market. In terms of chips, the phone is equipped with Qualcomm’s second-generation Snapdragon 8 leading version. The storage solution is based on 12GB + 512GB, and the maximum optional 16GB + 1T. It is equipped with a 6.81-inch curved screen with 2K resolution and supports a variable refresh rate of 1-120Hz. In terms of images, its main camera, ultra-wide-angle and periscope telephoto are all 50 million pixels. In terms of battery life, the NIO Phone is equipped with a 5200mAh battery and supports 66W wired and 50W wireless flash charging. At the same time, the special project matches the NIO wireless car charging.

In terms of appearance design, NIO Phone refers to the skyline elements of the NIO brand, using nano-microcrystalline ceramics and environmentally friendly leather stitching on the material. In addition, a special version of EPedition has been launched, with red elements interspersed in the fuselage, which is different from the ordinary version in design language.

Image source: NIO

As an important medium for human-vehicle interaction, NIO has injected many software-level interaction shortcuts into NIO Phone.

According to reports, the NIO Phone integrates mobile phones and smart electric vehicles through NIO Link NIO panoramic interconnection technology. The phone is equipped with UWB ultra-wideband technology, which can replace car keys and support unlocking without electricity within 48 hours.

On the left side of the fuselage, NIO Phone sets a NIO Link car control key, which can be just a click away 30 driver interconnection functions, including quick view of vehicle status, parking position, complete vehicle unlocking lock, window lift, trunk opening, air conditioning remote adjustment, etc., in the case of mobile phone without network, it can also realize unlocking, flashing horn, vehicle summoning, remote parking and other functions.

In terms of in-car control, Li Bin mentioned that the NIO Phone can be combined with in-car sensors to identify the user’s location and present a car control card interface with different functions based on the driver’s seat, passenger seat, or rear seat.

Li Bin believes that this reflects the original intention of NIO Phone’s design. "In addition to these functions that can be perceived more quickly, it is more about the seamless information flow and relay at the bottom of the software."

For example, NIO Phone has a more detailed understanding of human-vehicle interaction, such as the navigation route relay, which allows users to set a destination and choose a driving route on their mobile phone. After getting on the bus, it will automatically switch to the car-side navigation, and there is no need to perform additional operations on the car. For example, the navigation clipboard relay can automatically pop up and push on the car’s central control screen according to the location text copied by the user on the mobile phone, and the user can enter the navigation after clicking. It should be pointed out that these operations will not go to the cloud, ensuring the privacy and security of user data.

The Inter-App communications application of the mobile phone and the smart cockpit is the key breakthrough direction of this mobile phone. In addition to the aforementioned functions, the NIO Phone currently also has a panoramic application function, namely "Sky Window". After this function is turned on, a separate phone will run on the central control screen of the vehicle, supporting the parallel operation of the central control screen and the mobile phone dual applications. "Windows is not a simple screen projection, these two screens can run different programs in parallel, which is very different," Li Bin said.

For business scenarios, when users use the super conference, they can automatically transfer to the car after boarding the car, and can also call the in-car hardware (such as cameras). In terms of entertainment scenarios, NIO Link games can also be synchronized to the central control large screen to play.

For more systematic privacy and security issues, NIO said that the NIO Phone’s NIO self-developed SkyUI system provides 0 system advertisements, 0 commercial pre-installation, and only local processing of sensitive data. On cloud data protection, NIO Phone adopts multi-key encryption protection, and data and keys are stored separately.

According to reports, the 12GB + 512GB version of the mobile phone is priced at 6499 yuan, the 12GB + 1TB version is priced at 6899 yuan, and the EPedition 16GB + 1TB version is priced at 7499 yuan. It is currently only available in the NIO App Mall.

　　After the merger of Uber China and the completion of the local online ride-hailing management plan, Didi began to make major adjustments to the pricing method.

　　Surging News (www.thepaper.cn) learned that starting from August 18, Didi Chuxing platform implemented separate pricing for drivers and passengers.20% of each order charged by the driver before cancellation, 0.5 yuan per order, plus 1.77% management fee.

　　Taking Beijing as an example, the order is driven for 10 kilometers and 20 minutes. Before the adjustment, the actual income of the owner = (2 * 10 + 0.5 * 20) * 80% = 24 yuan; after the adjustment, the actual income of the owner = (1.8 * 10 + 0.4 * 20) * 100% = 26 yuan.

　　Didi said that after this adjustment, the income of car owners has not changed compared with before. The income of car owners in some cities will also increase with the separation of drivers and passengers, which can increase by about 10% -18%.

　　The adjustment of Didi’s pricing method this time is mainly aimed at the driver side, with little impact on the passenger side.

　　It is reported that after the driver and passenger are priced separately, the basic fare (km + duration + night fee), other fees, and dynamic price adjustment fees will be 100% owned by the owner. The owner does not need to make any changes in the withdrawal operation, which is the same as before.

　　Didi told Surging News that the purpose of making this pricing adjustment is very simple. First, after the division of pricing,Owners can see their income more intuitively, and the details of their income become clearer. Second, owners can also calculate their income directly through the pricing rules on the owner’s side, which is simple and clear.Didi said that after the adjustment of the pricing method, the income of car owners will also be more stable and will not be affected by fluctuations in the passenger side.

　　As for why they chose to make this pricing adjustment at this time, Didi said that after Didi merged with Uber China, the media reported a large number of Didi price increases (Didi said it was just a normal price dynamic adjustment, and there was no price increase), which confused Didi drivers about the pricing method. Many drivers expressed their desire for a more transparent pricing method to Didi Chuxing.

　　After communicating with a number of Didi drivers in Shanghai recently, Surging News found that there has been a recent phenomenon of Didi drivers leaving the platform. Drivers said that the current subsidy for drivers has decreased compared to before.

　　Zhu Wei, deputy director of the Communication Law Research Center of China University of Political Science and Law and an expert member of the Sharing Economy Working Committee of the Internet Association of China, told The Paper.The adjustment of the pricing method made by Didi further illustrates the difference between online car-hailing and traditional taxis. It is not a disguised form of money or a tap, but a manifestation of the sharing economy.This also reflects the requirements of the "differentiated operation" of the new policy on special cars, not only for passengers and owners, but also for the difference in revenue sharing. This will force taxi reform.

　　An insider of Volkswagen Chuxing (a ride-hailing platform owned by the mass transportation group) told The Paper that from the recent frequent actions of Didi, including price increases, reduced driver subsidies, and this time drivers charging a fixed proportion, it can be seen that Didi is under increasing pressure in terms of profitability and is working hard to make changes and postures to give confidence to the capital.

　　The aforementioned Volkswagen insider also said that in the long run, Didi will surely generate profits on the driver and passenger side.

　　It is reported that the new pricing method of Didi Chuxing has been launched in Beijing, Shanghai and other cities, and will be gradually rolled out across the board in the future.

As we all know, there have been many revelations about the iPhone 16 series long before the release of the iPhone 15 series. In line with the principle of "bold assumptions, careful verification", we will still learn about predictions or revelations about new models to see what new things Apple may do next year.

Recently, Haitong International Securities analyst Jeff Pu revealed some details about the iPhone 16 Pro. He introduced,The device will feature a faster 5G modem, Wi-Fi 7, and a new ultra-wide-angle lens at the rear.

In a note to investors, Jeff Pu based his predictions for the iPhone 16 series on his sources in Apple’s supply chain.

He revealed that the size of the new iPhone will be 0.2 inches larger than the current 6.1 inches and 6.7 inches, that is, the standard version iPhone 16 and iPhone 16 Pro will increase to 6.3 inches, and the larger iPhone 16 Plus and Pro Max models will become 6.9 inches – In contrast, Huawei Mate 60 Pro is 6.82 inches in size.

Coincidentally, Tianfeng International industry analyst Guo Mingxuan and DSCC CEO Ross Young have reported that iPhone 16 series will be larger in size.

And thanks to the larger fuselage size,Apple will be able to carry the same quadruple prism periscope head as the iPhone 15 Pro Max on the relatively small iPhone 16 Pro model, and will finally support 5x optical zoom.

Jeff Pu emphasized that both the iPhone 16 Pro and Pro Max will feature 12 million-pixel quadrilateral prism periscope heads for better zoom.

But in this way, the more widely applicable triple telephoto seems to be gone. If Apple still maintains the 3-lens module, the lack of 3x optical telephoto becomes a loss.

Jeff Pu said in the report that Apple plans to upgrade the super wide-angle lens for the Pro series models, and this lens has not been moved since iPhone 13 Pro.

The ultra-wide-angle lens on the iPhone 16 Pro series will use 48 million pixel sensor, a huge leap over the current 12 million pixels. Better ultra-wide-angle quality can also improve the utilization rate of ultra-wide angle to some extent.

Apple’s A-series chips have changed this year, and the appearance of the A17 Pro has changed the next naming rules. Not surprisingly, the iPhone 16 Pro will be equipped with a new A18 Pro chip, built on the same 3nm process as the A17 Pro. The memory is still estimated to be 8GB.

It is worth noting that iPhone 16 Pro changes in terms of connectivity, whether it is Wi-Fi or 5G, iPhone 16 Pro will be upgraded. Jeff Pu speculates that the new iPhone will be equipped with a Qualcomm Snapdragon X75 modem, which can achieve 5G download speeds of up to 7.5 Gbps.

While the iPhone 15 Pro was the first to introduce support for WiFi 6E, next year’s iPhone Pro will likely feature WiFi 7. The latest Wi-Fi standard has speeds of up to 46 Gbps, four times that of WiFi 6.

But support is support. If you want to enjoy the speed of WiFi 7, you also need the corresponding network speed and router, and WiFi 6 routers are not yet popular… I can only say that in the future, it is no problem to use the mobile phone for two more years.

Jeff Pu also predicted the standard iPhone 16. He said that the iPhone 16 will still use a dual-camera module, and the ultra-wide-angle lens will retain 12 million pixel sensor, but will not support macro function.

iPhone 16 standard model should be the A17 didn’t run, after all, to pull the gap with the A17 Pro. The good news is that the memory is 8GB, but the 5G modem will not be upgraded. In terms of connectivity, the iPhone 16 and iPhone 16 Plus are also finer – they will support WiFi 6E, not WiFi 7.

The above information is an early reference, Apple is expected to launch iPhone 16 series in September next year, the future we will continue to pay attention to Apple and the new iPhone.

Apple launches a new iPhone every year, and we haven’t seen a refreshing update on the iPhone in years – oh, the last one was called "Dynamic Island". Many users and fans of competing products expressed dissatisfaction and ridicule at these small fixes.

Apple does not tweak new iPhone every year, but it does upgrade. In a recent interview with Brut., Apple CEO Tim Cook answered the question "Is it necessary to launch a new iPhone every year?"

"I think it’s a great thing to have a iPhone every year for people who want it," he said. Apple promotes the practice of users trading in old phones for new ones. So if the phone still works, Apple resells it (recycles it).

If it doesn’t work, Apple has a way to disassemble it and recycle the material to make new iPhone. This is also in line with Apple’s environmental values, although the idea of releasing iPhone annually seems to contradict environmental sensitivity.

But Cook believes that Apple is committed to maximizing the value of older iPhone. iPhone 13 Pro series is still the most worth buying iPhone model in the past 5 years, if iPhone 16 Pro series still has no upgrades, then I may still retain that view.