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　　【 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.

From Moscow to Kazan, feel the power of Sino-Russian cooperation.

In 1552, Ivan the Terrible of Moscow captured the Kazan khanate established by the Tatars, and Moscow and Kazan embarked on the road of integration. More than 400 years later, a high-speed rail line built by China Company will connect the two cities more closely.

From Moscow to Kazan, Sino-Russian cooperation has blossomed. Russian capital and technology are gradually entering China, bringing benefits to the people of both countries. While adjusting themselves to meet the needs of the Russian market, these Russian enterprises are also bringing positive changes to many aspects of the Russian economy.

Bring about new changes

"Moscow City" is the central business district of Moscow, with many skyscrapers, which stands out among the Soviet-style buildings around it. AliExpress’s office is located on the 16th floor of the Empire State Building in Moscow City.

Sending parcels from China to Russian consumers and cultivating Russian online shopping habits are the "homework" that Alibaba completed in Russia from 2012 to 2016. In the attack of international e-commerce companies such as Amazon and Russian local e-commerce, Alibaba gradually won and became the largest e-commerce company in the Russian market.

When it comes to the secret of success, Liu Wei, director of AliExpress Russian Station of Alibaba, said in an understatement that all this is mainly due to the good quality and low price of goods in China.

Liu Huaqin, a researcher at the Institute of International Trade and Economic Cooperation of the Ministry of Commerce of China, believes that the infrastructure interconnection under the framework of "One Belt, One Road" has promoted the development of cross-border e-commerce between China and, and the opening of land transportation routes such as China-Europe trains has reduced cross-border transportation costs.

When Alibaba first came to Russia, Russians were not keen on online shopping, and e-commerce was marginalized in this country.

Foreign e-commerce companies such as Amazon have fully realized the taste of acclimatization in Russia, and Russian local e-commerce companies are also struggling. They are stuck in two difficult problems: first, the supply is insufficient, because most Russian goods depend on imports; Secondly, Russia has a large territory and a backward logistics system.

Backed by China, Alibaba’s supply of goods is naturally not a problem, but the logistics problem lies ahead, blocking the way.

Russia Post is an old state-owned enterprise, and its business volume and efficiency are at a low level. In this regard, Russians who usually only mail some documents do not feel anything wrong. However, during a large-scale promotion of AliExpress in Russia in 2013, a flood of China products pushed Russia Post to the forefront.

At that time, parcels from China were piled up at Russian customs. Russian buyers who used to receive packages from China one month after placing an order found that it actually took two or three months this time. Complaints and accusations against Russia Post are overwhelming on the Internet, and some people even write letters to Putin to protest. The Russian government responded quickly and quickly replaced the head of Russia Post.

Liu Wei said that Alibaba directly connected with the new leadership of Russian Post and Russian Customs to hold a meeting to discuss countermeasures. Since then, Alibaba has helped Russia to establish an electronic customs clearance system, which has improved efficiency.

Russia Post has also added outlets that can handle international postal parcels. Previously, only one city in Moscow could handle it. Later, St. Petersburg and Yekaterinburg were added.

Liu Wei said that the business volume and service level of the entire logistics industry in Russia have been improved, which has also injected new vitality into Russian economic development.

Alibaba’s growth in Russia not only promoted the development of logistics industry, but also promoted the upgrading of banking system. During the "Double Eleven" promotion two years ago, millions of buyers made payment requests online at the same time, which caused "congestion" in many Russian banking systems. Later, Alibaba helped some banks to carry out technical transformation, communicate in advance and take preventive measures before the big promotion activities. In the "Double Eleven" in 2016, Russian buyers generally reported that online payment was very smooth.

Change has occurred not only in Russian enterprises, but also in the lives of ordinary Russians.

Alibaba found a problem from the beginning. Russians not only don’t like online shopping, but even online shopping basically adopts cash on delivery, which shows that they don’t trust e-commerce. Nowadays, in order to buy goods from China online, many Russians have set up bank cards and learned to pay online. Under the service guarantee of Alibaba, Russian consumers gradually accepted the payment before delivery.

Towards localization

At the beginning of 2017, Alibaba’s employees in Russia increased rapidly, and now it has reached 70 people, most of whom are Russians. Localization is a new business launched by Ali this year, which is also the reason why Liu Wei came to Moscow.

In the past few years, most of the purchases made by Russian buyers on the AliExpress platform were cross-border China goods. Ali is selling more and more local goods to Russians to localize goods and businesses.

Liu Wei said that local goods include two categories: one is goods produced locally by Russian enterprises; The second category is the goods of foreign enterprises with branches and stocks in Russia, such as products of companies such as Apple, Huawei, Lenovo and Samsung.

Localization has greatly shortened the arrival time. It takes at least 20 days for a parcel from China to arrive. At present, buyers in big cities such as Moscow buy local goods such as electronic products, clothing, electrical appliances and maternal and child products, and they can arrive the next day.

The developed e-commerce in China has not only cultivated a huge online shopping crowd, but also helped countless small and medium-sized enterprises to develop and grow with the help of online sales. Today, Alibaba’s successful experience in China is being copied to Russian.

Russian enterprises are not strong in brand awareness and e-commerce awareness, which is precisely an opportunity for Ali.

Liu Wei said that in Russia, many businesses don’t know how to sell things online, how to release goods, set prices, do marketing and solve logistics. Alibaba selects some high-quality businesses to cooperate and create a benchmarking effect. In the initial stage, merchants only need to provide goods, and Alibaba is responsible for online sales and logistics.

At present, some Russian companies have settled in AliExpress, involving furniture, clothing, small household appliances and other industries. Alibaba hopes that these businesses can master online sales skills through the cooperation with AliExpress, which will not only expand their share in the Russian market, but also go to China, Europe and even the global market.

Great potential for cooperation

In Moscow, China elements are everywhere, from China tourists on Moscow’s Red Square, China commodities in Liu Blinault Market to Huawei experience stores on Tver Street. In Kazan, 800 kilometers away, it is not easy to search for China elements.

Kazan is the capital of the Russian Republic of Tatarstan. Before Haier came here in 2014, the foreign capital sources in the Republic of Tatarstan were mainly the United States, Germany and Turkey, and the local government didn’t know much about China and China.

Haier’s development in Russia is a process from adaptation to change. Adaptation mainly caters to the living habits of Russian consumers; The change is the change of local investment environment and industrial structure.

Many refrigerators sold by Haier in the Russian market are two meters high, which is to adapt to the narrow space of Russian kitchens. There is a folding shelf in the refrigerator to place the big soup pot.

When Haier came to Tatarstan, there was already a local refrigerator manufacturer here. The Russian company is worried about the arrival of a multinational giant like Haier.

The Investment and Development Agency of the Republic of Tatarstan believes that this is normal market competition, and Haier has brought advanced technology and high-quality products, which will help promote local enterprises to improve production efficiency and product quality.

Localization is the goal pursued by Haier. In terms of personnel, Haier has achieved localization. Haier Refrigerator Factory has recruited more than 500 local workers and sent them to China for training in batches. With the support of the local government, Haier has also established a training center for skilled workers, where local residents can apply to learn welding and other technologies for free.

After the refrigerator factory was officially put into operation last year, Haier is currently planning to establish a new factory to produce washing machines, televisions and other products. Haier’s investment and development have deepened the local government’s understanding of enterprises in China, and also strengthened the efforts to attract investment from China. President Minnihanov of the Republic of Tatarstan has repeatedly asked officials to try to introduce more China enterprises. In the past two years, more and more Tatarstan officials and entrepreneurs have come to China, on the one hand, to learn about China’s culture and business model, and on the other hand, to find partners.

Liu Huaqin said that China’s manufacturing industry is developed and Russia is rich in resources. The cooperation between the two sides is complementary and has broad prospects. However, the problem now is that there is more cooperation promoted by the government and less spontaneous behavior by the people. Some successful experiences of China can provide reference for Russia and help it make progress in opening up and marketization.

Looking forward to the future, the tide of Sino-Russian cooperation will continue to accumulate strength. Expect more changes and wait for greater gains.

(Xinhua News Agency, Beijing, July 3rd)

　　Recently, Flash Bing Co., Ltd. (referred to as "Flash") officially submitted a prospectus and plans to list on NASDAQ. Prior to this, on July 4th, official website of China Securities Regulatory Commission disclosed the filing notice about flashing overseas issuance and listing.

　　According to public information, Flash was established in 2014, which mainly provides "one-to-one delivery service" for individuals and corporate customers, specifically addressing the requirements of timeliness and security such as "delivering keys" and "delivering documents". The actual controller of the company is Xue Peng. Before the IPO, he held 22.7% of the company’s equity and 74.6% of the voting rights.

　　At the beginning of its establishment, Flash was favored by venture capital. According to Tianyancha, in March 2014, the company obtained angel round financing from Jingwei Venture Capital, amounting to several million yuan. In the following ten years, Flash has raised a total of 11 rounds of financing, involving more than 10 venture capital institutions, the most recent of which occurred in March 2021, with a financing amount of 125 million US dollars.

　　After ten years of development, flash has become the first in the segmentation field. By June 30, 2024, the company had about 2.7 million registered riders, and its service coverage was extended to 295 cities in China. According to iResearch, in 2023, the market share of flash delivery independent on-demand delivery service in China will be about 33.9%.

　　In 2021 -2023 and the first half of 2024, Flash completed orders of 159 million, 213 million, 271 million and 138 million respectively, corresponding to revenues of 3.040 billion yuan, 4.003 billion yuan, 4.529 billion yuan and 2.284 billion yuan. Flash said that according to iResearch, in the first half of this year, the company was able to charge an average price of 16.5 yuan per order, which is a significant premium compared with the prices charged by other major participants in the on-demand delivery industry.

　　Although the average unit price is high, it is limited by the characteristics of "one-to-one express delivery service", and the performance cost of each express delivery is also high, and the salary and reward paid to riders account for a large part of the income cost. According to the prospectus, in 2021 -2023 and the first half of 2024, the salaries and rewards paid to riders by flash transport were 2.751 billion yuan, 3.614 billion yuan, 3.975 billion yuan and 1.951 billion yuan, respectively, accounting for 90.5%, 90.3%, 87.8% and 85.4% of the income. The high proportion of revenue and cost has also led to the gross profit margin of Flash delivery hovering around 10% in recent years.

　　The profit level is reflected in the profit scale. From 2021 to 2022, Flash delivery recorded net losses of 291 million yuan and 180 million yuan respectively, and it didn’t turn losses into profits until 2023 with a net profit of 110 million yuan. However, it should be noted that most of last year’s profits came from government subsidies, and the operating profit related to operating conditions was only 11 million yuan. In the first half of 2024, the company continued to make profits, with a net profit of 124 million yuan, which was less than that of 0.9 yuan on average.

　　The industry believes that compared with catering service providers in the instant delivery field, the "one-to-one delivery service" of flash delivery is in a weak position in terms of traffic and user stickiness. How to improve the profit level in the future will test its operational ability. Flash said in the prospectus that the net proceeds from IPO will be mainly used to expand the customer base and increase market penetration; Create a brand image; Technology research and development; And for general corporate use.

Not long ago, it was officially released for listing. With its excellent performance, advanced intelligence level and extreme endurance performance, it has successfully attracted wide attention from all walks of life.

As a masterpiece jointly created by Geely, Baidu and Contemporary Amperex Technology Co., Limited, Extreme Yue 07 not only carries high market expectations, but also interprets the arrival of a new era of smart cars with practical actions.

So, what kind of car is the Extreme Yue 07?

1. Perfect combination of endurance and performance

Extreme Yue 07 has shown strong competitiveness in battery life and performance. The standard model has an excellent performance of CLTC cruising range of 660km, and the long-life version has raised this number to 880km, which is called "the king of endurance cost performance". In addition, the performance model is equipped with a system, and the acceleration of 100 kilometers takes only 3.5 seconds, and the cruising range also reaches 770km, which perfectly balances speed and endurance.

In terms of charging efficiency, Extreme Yue 07 also performed well. Relying on the 800V high-voltage platform and advanced charging technology, Extreme Yue 07 can realize the extremely fast charging experience of charging 600km in 10 minutes, almost reaching the charging speed of "1 second and 1 km", bringing unprecedented convenience to users.

1. A master of intelligent technology

As the industry’s first intelligent driving car in the AI era, Extreme Yue 07 also leads the trend in intelligence. The vehicle first took Baidu’s cutting-edge ASD Apollo advanced intelligent driving system, and opened a new chapter in intelligent driving with the technology of "pure vision+end-to-end big model". The system not only has convenient functions such as automatic shift and automatic turn signal, but also can realize intelligent driving in complex scenes such as free movement from point A to point B, intelligent speed limit, automatic start and stop of traffic lights, and autonomous bypass. By the end of 2024, ASD can be used wherever Baidu map navigation can reach, truly realizing the nationwide intelligent driving coverage.

In addition, Extreme Yue 07 is also equipped with ——SIMO 2.0, the industry’s first native AI large model cockpit. This intelligent cockpit system not only has fast recognition speed and smooth interaction, but also has advanced functions such as lip recognition and stable interaction in weak/no-net environment. At the same time, SIMO 2.0 also supports user-defined scene settings, which brings users a more personalized and intelligent car experience.

1. The dual pursuit of aesthetics and practicality

In terms of design, Extreme Yue 07 is also unwilling to be mediocre. The vehicle follows the design philosophy of "AI aesthetics" and "Less is more-less is more", and integrates the curve, radian and angular data of Venus, the Roman goddess of mythology, into the body design, giving the vehicle excellent body proportion and elegant slip back lines. At the same time, the vehicle is also equipped with the world’s leading 15mm ultra-thin intelligent interactive headlights, the oversized "clamshell cover" and the doorless design, which makes the appearance of the vehicle both dynamic and futuristic.

In terms of interior, Extreme Yue 07 also pursues the ultimate. The vehicle cancels most physical buttons, and adopts high-end configurations such as the panoramic canopy with the largest size of 1.96 m, the fifth-generation U-shaped steering wheel and the 35.6-inch 3D unbounded integrated large screen. At the same time, the vehicle is also equipped with business class comfortable seats, luxury car standard fully automatic three-zone air conditioning and super-running forged aluminum trim panels and other practical configurations, bringing users a comfortable and convenient car experience.

1. An overall upgrade of security.

In terms of security, Extreme Vietnam 07 also spared no effort. The vehicle adopts the design of super five-star safety standard, and adopts the best design combination of super high-strength thermoformed steel, high-strength steel and high-strength aluminum alloy, which effectively improves the collision safety performance of the body. At the same time, the vehicle is also equipped with seven space return cabin-class airbags and innovative intelligent electric doors, which provide users with all-round security.

In addition, Extreme Yue 07 is also equipped with a high-performance Kirin battery, which adopts large-area water cooling and aviation-grade thermal insulation pad combined with NP technology, and has safety performance far higher than that of the industry. At the same time, the bottom of the battery pack is also equipped with a "armor" protection system composed of bulletproof armor coating, which further improves the safety of the vehicle.

To sum up, with its excellent endurance performance, leading intelligent level, unique aesthetic design and comprehensive safety guarantee, Extreme Yue 07 has successfully reshaped a new benchmark in the smart car market. With the official listing of Extreme Yue 07, we have reason to believe that this model will stand out in the future market competition and become an ideal choice for consumers.

In the car: lightweight first

　　In order to make way for lightweighting, Weissach components will naturally "decorate" the car in reverse, and many comfort configurations will be removed. The Sport Chrono small clock on the center console has been removed, and the extra display screen in front of the co-pilot is also not optional. Even the air conditioner has been changed to a single temperature zone, and all non-driving equipment has been minimized.

　　The steering wheel is still familiar to Porsche fans. The small-diameter GT steering wheel of the same model as the 911 GT3 RS has a Race-Tex fur anti-skid ring body, and a PASM and driving mode knob on the lower right. There are two ways to activate the so-called Attack Mode on the Turbo GT. One is to press the button in the middle of the mode selection knob. The other is to turn the "+" paddle on the back right side of the steering wheel, which is easy to operate even with racing gloves.

　　碳纤维桶椅同样包含在性能组件内，这张全碳纤维赛车椅同样和保时捷各款RS车型同款，原厂提供三种硬度可选，又能下赛道又能坐得舒服非它莫属。这是这款桶椅第一次出现在一辆纯电动量产车上，得益于(|)本身就很低的坐姿设计，这张桶椅的加入更增加了人车合一的感受。

　　如果你不是1米8以上的高个子大长腿，我强烈不建议你打开PAR（Porsche Active Ride）主动悬挂的上下车举升功能。打开门时“唰“地一下站起来又酷炫又便于落座，但下车时打开车门，突然升高的车身会让脚很难够得着地面，令我挣扎好一会才能从车内挣脱出来。

　　保时捷在它身上做的更“离谱”的事情，便是把整套后排座椅都给去除了，同样被去除的还有后排空调以及音响扬声器。虽然它有两扇后门，但并不欢迎后排再有人为它增加额外的负重。取代后排座椅的是一块量身定做的巨型碳纤维盖板，盖板的后方还加入了加强筋以防止共振，做工及视觉效果都非常精致。盖板中间设计有一个空间不小的置物空间，上方遮盖有一块带纽扣的布，大小足以放进两顶赛用的头盔以及一些杂物，跑赛道时颇具实用价值。

　　欧洲市场上对Taycan Turbo GT的起售定价为24万欧元（约合人民币189万元），选择带魏斯阿赫组件的版本价格不变，用减去的舒适性配置换来更硬核的赛道性能表现。这种组合令我想起了在911身上发生的事情：992 GT3存在同时还有992 GT3 Touring，前者主攻赛道性能表现，后者则更偏向Grand Touring类型的公路旅行。如何把车型如庖丁解牛般仔细分割出不同的用途及性能取向，在这方面保时捷从来都是汽车界教科书般的存在。

As a medium-sized suv, there are many highlights. Now let’s follow Xiaobian to see what it has done.

Let’s look at the appearance of Fengyun T9 first. The front of Fengyun T9 gives people a feeling of very young personality and looks more delicate. Coupled with the young and fashionable headlights, the visual effect is very eye-catching. The car is equipped with LED daytime running lights, automatic opening and closing, adaptive far and near light, delayed closing and so on. Coming to the side of the car body, the size of the car body is 4795 mm * 1930 mm * 1741 mm. The car adopts simple lines, and the car body presents a sharp design style. With large-sized thick-walled tires, the shape is quite exquisite. In terms of the rear end, the overall shape of the rear end echoes the front face, and the taillights look very dynamic and lively, very young and fashionable.

Coming into the car, Fengyun T9 interior design is very young, which makes people feel very dynamic and lively. The steering wheel of the car is eye-catching, made of genuine leather, and has a high palm fit. From the central control point of view, with the 15.6-inch touch-sensitive LCD central control screen, the interior style is impressive, and it has a certain sense of science and technology. Finally, let’s look at the dashboard and seats, and the information can be read easily and clearly. The car uses leather seats, which are wide and thick, and the overall comfort is good.

Fengyun T9 space performs well, and the leg head space is quite comfortable, which brings a better ride experience. At the same time, the car is equipped with fatigue warning, anti-lock braking (ABS), LED daytime running lights, brake assist (EBA/BAS, etc.), brake force distribution (EBD) main driver airbag, co-pilot airbag, side airbag curtain, front side airbag and other safety configurations.

Many people buy SUVs because of their stronger passability. The car is practical and fully equipped, and it is a good helper for home travel. If you like it, you might as well learn more about it.

　　The United States seeks hegemony, maintains hegemony, and abuses hegemony, which is deeply harmful

　　Demystifying the Hypocrisy of "Security Guard"

　　中央纪委国家监委网站 柴雅欣 薛鹏

　　5月4日，国家计算机病毒应急处理中心和360公司联合发布了一份调查报告，揭秘美国中央情报局（CIA）利用网络攻击他国的相关情况，披露部分发生在中国和其他国家的网络安全典型案事件的具体过程，全面深入分析CIA的网络攻击窃密和相关现实危害活动，以及其对美国成为“黑客帝国”所做的贡献。

　　报告披露的大量发生在中国和其他国家的真实案例，是CIA在全球长期发动网络攻击行为、破坏全球网络安全的又一实例。以所谓“网络安全”为由头大搞“小圈子”，制造分裂和对抗；以所谓“公共安全”为借口大肆监听，侵犯隐私权；以所谓“技术安全”为幌子实施技术封锁，损害发展权……美国霸权之手伸向方方面面，自诩为“安全卫士”的美国已经给全球安全和发展造成系统性危害。

　　在全球制造混乱动荡，CIA用5种手段在超50国策划“颜色革命”

　　该份报告开宗明义指出，长期以来，CIA在世界各地秘密实施“和平演变”和“颜色革命”，持续进行间谍窃密活动。

　　“颜色革命”是美国实现地缘政治和经济目标的惯用手段，它以推动反西方政权更迭为目标，通过不断煽风点火，加剧政府与民众对抗，最终颠覆政权，将目标国纳入美国主导的全球政治经济秩序和安全秩序。

　　从20世纪80年代国际社会主义阵营遭受冲击、90年代初苏东剧变到2003年格鲁吉亚“玫瑰革命”，从2004年乌克兰“橙色革命”到2005年吉尔吉斯斯坦“郁金香革命”，从2011年西亚北非国家“阿拉伯之春”到2014年乌克兰“二次颜色革命”等，都被国际机构和世界各地学者认定为由美国主导的“颜色革命”典型案例。据统计，数十年来，CIA至少推翻或试图推翻超过50个他国合法政府（而CIA只承认其中的7起），在相关国家引发动乱。

　　“长期以来，美国打着‘民主、自由、人权’的幌子，在世界各地扶持亲美势力，煽动‘颜色革命’，制造分裂对抗，导致一些国家政权更迭，陷入政治动荡、经济凋敝、民生困苦的泥淖。美国的所作所为，严重危害世界和平、稳定与发展。”复旦大学中国研究院院长张维为撰文指出。

　　进入二十一世纪以来，互联网的快速发展给CIA的渗透颠覆和捣乱破坏活动提供了新的机遇，全球各地使用美国互联网设备和软件产品的机构和个人成为CIA的傀儡“特工”，帮助该机构迅速成为网络谍报战中的耀眼“明星”。

　　该份报告披露CIA在全球各地策划组织实施大量“颜色革命”事件的主要技术手段，其中包括一款被称为“蜂拥”的非传统政权更迭技术，用于推动通过互联网联接的年轻人加入“打一枪换一个地方”的流动性抗议活动。

　　“CIA利用网络技术，在各国网络空间中散布虚假信息，操纵‘阿拉伯之春’等‘颜色革命’，颠覆多国政权，给各国带来严重经济损失和社会动荡。”中国现代国际关系研究院科技与网络安全研究所助理研究员周宁南举例，如以突尼斯自焚事件引起的“阿拉伯之春”运动，导致100多万人死亡，对基础设施造成近1万亿美元损失，1500多万人沦为难民。在此前被认为是“阿拉伯之春”所谓成功典范的突尼斯，该国GDP自2010年以来一直停滞不前，人均GDP甚至从每年4000美元下降到3600美元。

　　中国境内多起典型网络攻击事件均提取到与CIA紧密关联的木马程序、功能插件和攻击平台样本

　　“在现已发现的专门针对中国境内目标实施的网络攻击行动中，我们成功提取了多个‘Vault7’（穹顶7）网络攻击武器样本，多个东南亚国家和欧洲的合作伙伴也提取到了几乎完全相同的样本。”报告指出。

　　2020年，360公司独立发现一个从未被外界曝光的网络攻击组织，该组织使用与CIA相关联的网络武器工具，针对中国和其他国家受害目标实施网络攻击，攻击活动最早可以追溯到2011年，相关攻击一直延续至今。被攻击目标涉及各国重要信息基础设施、航空航天、科研机构、石油石化、大型互联网公司以及政府机构等诸多方面。

　　报告显示，在针对中国境内多起典型网络攻击事件的调查过程中，联合调查组从受害单位信息网络中捕获并成功提取了一大批与CIA紧密关联的木马程序、功能插件和攻击平台样本。

　　近年来，美国对中国进行了大规模、长时间、系统性网络攻击，严重危害中国关键基础设施安全、海量个人数据安全以及商业和技术秘密。比如，2022年6月，西北工业大学发布声明称遭到网络攻击。后经调查发现，美方先后使用41种专用网络攻击武器装备，对西北工业大学发起攻击窃密行动上千次，窃取了一批核心技术数据。调查还发现，美国国家安全局（NSA）下属TAO对中国国内的网络目标实施了上万次的恶意网络攻击，控制了数以万计的网络设备（网络服务器、上网终端、网络交换机、电话交换机、路由器、防火墙等），窃取了超过140GB的高价值数据。

　　在周宁南看来，美国技术霸权加剧全球网络安全困境。美国几乎可以对全球网络设备进行网络攻击、网络渗透，CIA的网络武器“穹顶7”已在中国、欧洲、东南亚等国部署，发动无差别的网络攻击，损害各国主权，并24小时监控各国受害者，侵犯各国公民隐私等人权。美国对网络攻击武器的管理不负责任，CIA、NSA网络武器在网络上扩散，是勒索攻击等全球网络安全威胁的始作俑者。

　　“美国严重扰乱全球网络安全秩序，对全球各国进行不受约束的网络攻击，破坏了各国近20年来在联合国信息安全政府专家组、开放式工作组等机制下制定的网络空间负责任国家行为规范等网络空间秩序。为了加强自身的网络攻击能力，美国在国内纵容、窝藏网络攻击武器产业，造成全球网络监控产业泛滥成灾，难以治理。”周宁南说。

　　美国霸权延伸至科技领域，扰乱全球产业链供应链稳定，损害全球利益

　　美国在网络安全的双重标准与霸权行径有目共睹，近年来更是将霸权主义延伸至科技领域，以无端指责、“长臂管辖”、打压制裁、技术封锁等卑劣手段，将自身利益凌驾于他国利益之上，威胁全球经济安全。

　　据外媒消息，美国总统拜登预计在未来几周内签署一个行政令，来限制美国企业对华关键经济领域的投资，包括半导体、人工智能、量子计算等。

　　事实上，在半导体等关键经济领域，美国以“竞争”之名行“遏制公平竞争”之实，打压其他国家已非“初试牛刀”。以半导体产业为例，20世纪80年代，美国为打击日本半导体产业发展，采取包括启动“301”调查、通过多边协议为双边谈判制造筹码、威胁将日本列为不公平贸易国、加征报复性关税等手段，逼迫日本签订《美日半导体协定》，导致日本半导体企业几乎完全退出全球竞争，市场份额由50%跌至10%。同时，在美国政府扶持下，大量美国半导体企业趁机抢占市场。

　　Today, the United States is "doing the same", continuing to politicize, instrumentalize, and weaponize economic, trade, and scientific and technological issues, creating "small courtyards and high walls," forcibly "decoupling and breaking chains," at the expense of friends and self-enrichment, and conducting economic coercion on allies.

　　The United States has concocted various excuses to pursue and suppress Chinese high-tech companies with international competitiveness. At present, more than 1,000 Chinese companies have been included in various sanctions lists. The United States has also implemented controls on high-end technologies such as biotechnology and artificial intelligence, strengthened export controls, and strictly reviewed investment. The United States has even used national power to suppress and sanction Chinese Huawei, restricting Huawei products from entering the US market, cutting off the supply of chips and operating systems, and coercing other countries around the world to ban Huawei from participating in local 5G network construction.

　　Last year, the US Chip and Science Act was signed into law, which set up differentiated industrial support policies such as huge subsidies for the US chip industry, and some provisions restricted the normal economic and trade activities and investment activities of relevant enterprises in China, presenting a strong geopolitical color. This is another example of the US engaging in economic coercion.

　　"Since the globalization process of the semiconductor industry has reached an irreversible level, if we try to forcibly change this situation, it will only tear apart and fragment the global semiconductor market, and the semiconductor industry will be plunged into deep uncertainty. Measures such as US export controls are undermining the security of the global semiconductor supply chain." Wei Shaojun, chairperson of the IC Design Branch of the China Semiconductor Industry Association and executive vice-chairperson of the China Integrated Circuit Innovation Alliance, wrote in an article that the reason why the global semiconductor industry has today’s brilliance is global cooperation. The beggar-thy-neighbour approach of the United States will eventually harm itself.

　　"The real purpose of the US side is to deprive China of its right to development and safeguard its own hegemonic self-interest. It is naked economic coercion and technological bullying. It seriously violates the principles of market economy and fair competition, seriously undermines the international economic and trade order, seriously disrupts the stability of the global industrial chain and supply chain, and harms the interests of the whole world," said Wang Wenbin, a spokesperson for the Foreign Ministry.

　　The United States’ pursuit of hegemony, maintenance of hegemony, and abuse of hegemony are deeply harmful, and the historical trend of peace, development, cooperation, and win-win results cannot be stopped

　　A few days ago, at the regular spring meeting of the WTO Committee on Subsidies and Countervailing Measures, Chinese delegates criticized the discriminatory subsidy policies and measures of the United States and called on the WTO to effectively monitor such subsidy measures. Representatives of Russia, Morocco and other countries also expressed serious concerns at the meeting about the US practice of imposing countervailing duties on imported goods.

　　The United States was once one of the main founders of today’s international economic order and multilateral trading system, but today, the self-centered United States continues to transform the internationally recognized world trade order into a power-based world trade order, causing chaos to the entire world.

　　"Friendly shoring" refers to the gradual concentration of international division of labor and trade objects in developed economies such as the United States on partners with similar values and political and economic systems. A recent report by the international monetary fund mentioned that the rise of "friendly shoring" may cause the greatest harm to less developed markets.

　　Robert Kagan, a senior fellow at the Brookings Institution, says the rise of populism, tribalism and self-interest in the US in recent years is accelerating the world’s descent into a "jungle" where the law of the jungle preys on the jungle.

　　Zhou Ningnan told reporters that the global industrial chain has undergone decades of evolution and has its own development laws. The United States has used its hegemony to maintain its technological monopoly advantage and the industry has the voice over it, and has brought the "law of the jungle" into the fields of network, science and technology, which has hindered the transformation and upgrading of developing countries, which has exacerbated the imbalance of the world economy and dragged down the growth of the world economy.

　　There is more help than there is help. Political hegemony, military hegemony, economic hegemony, scientific and technological hegemony, cyber hegemony, cultural hegemony… The United States’ pursuit of hegemony, maintenance of hegemony, and abuse of hegemony are deeply harmful. The historical trend of peace, development, cooperation, and win-win is irresistible. Hegemonic acts such as unilateralism, selfishness, and retrogression will surely encounter increasingly strong criticism and opposition from the international community.

() 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.

At the routine briefing on the State Council policy held on 17th, Jin Xiaotao, deputy director of the National Health and Family Planning Commission, revealed that China will take the protection of all people’s health as the starting point, and explore new service modes and cultivate new formats through "internet plus Health Care". By 2020, we will establish a national open application platform for medical and health information, basically establish a development model of health care big data application adapted to national conditions, and initially form a health care big data industry system.

Health care big data covers the whole life cycle of people, including personal health, medical services, disease prevention and control, health protection and food safety, health care and other aspects of data convergence and aggregation, and is an important basic strategic resource of the country.

Jin Xiaotao introduced that the the State Council executive meeting reviewed and approved the Guiding Opinions on Promoting and Standardizing the Development of Big Data Application in Health Care, and deployed 14 tasks, including building a unified, authoritative and interconnected population health information platform, integrating medical big data resources, developing smart health care services for the benefit of the people, and formulating and improving laws, regulations and standards, from four aspects: consolidating the application foundation, comprehensively deepening the application, standardizing and promoting the "internet plus Health Care" service, and strengthening the construction of the security system.

The development of health care big data will not only accelerate the development and promotion of intelligent health care equipment, promote the release of production capacity in medicine, finance, logistics, pension, insurance, education and fitness, accelerate the upgrading of health industry, but also bring benefits to the people.

Jin Xiaotao said that the benefits brought to the people are mainly reflected in three aspects: First, continuously enhance the "independent health" service experience, let health data "run more roads" and let the people "run less errands", and bring more convenient application services to the people in Internet health consultation, appointment registration, inter-clinic settlement, medical insurance network settlement, mobile payment, etc. Second, with the deep integration and application of big data technology and health care services, it can make superior resources "go down", better promote the landing of graded diagnosis and treatment, accelerate the popularization of telemedicine, and promote the development of precision medicine; The third is to promote integrated health services covering prevention, treatment, rehabilitation and health management throughout the life cycle through the application of big data analysis. (Reporter Zuo Ya)