Original | edited by Ni Yuping | ｜Jaden

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Guo Jingjing was interviewed by Xinhua News Agency (photo taken on June 10th). Xinhua News Agency reporter Wu Xiaochu photo

　　Xinhua News Agency, Hong Kong, June 19th (Reporter Lu Min) In 1995, 14-year-old Guo Jingjing came to Hong Kong for the first time. After the game, she followed her teammates to Ocean Park and tasted seafood. She looked at the city with freshness and curiosity. "Although it is small, it is prosperous and convenient." This is the first impression left by Hong Kong.

　　In 2012, 31-year-old Guo Jingjing married Huo Qigang, the eldest grandson of Henry Fok, and settled in Hong Kong.

　　She became one of the millions of "Newport people" who came to settle in Hong Kong from the mainland after Hong Kong’s return to the motherland. From learning to speak Cantonese, Guo Jingjing gradually got to know and adapt to Hong Kong.

　　Although she grew up in the north, as an athlete, Guo Jingjing’s adaptability is her strength. For Hong Kong, she thinks she has adapted "quickly".

　　In Guo Jingjing’s eyes, Hong Kong is very tolerant. "It doesn’t matter if a mainlander comes to Hong Kong and can’t speak Cantonese. Many people can speak Mandarin. When a foreigner comes to Hong Kong, it doesn’t matter if he doesn’t speak Cantonese, because many people can speak English. This is a city where Chinese and Western cultures are integrated. " Guo Jingjing said, "I think this is a unique charm of Hong Kong".

　　After living in Hong Kong for ten years, Guo Jingjing felt that her biggest change was to be more tolerant. "Many things will try to think and understand from different angles." She said with a smile, maybe it is the growth of age, maybe it is influenced by the inclusive urban temperament of Hong Kong.

　　She made many new friends, both Hong Kong natives and "Newport people" from the mainland. Their differences in educational background, growth environment and way of thinking have formed their own different characteristics.

　　When Guo Jingjing first came to Hong Kong, her husband’s grandmother was still alive. Every weekend, the whole family, old and young, will definitely have lunch with grandma. The strong family atmosphere impressed her deeply. "Recalling that I ate with my grandparents, I was reunited when I returned to my hometown in the New Year."

　　"Many Hong Kong people have big families and brothers and sisters. In contrast, our generation from the mainland is relatively independent, probably because it is an only child and everything depends on itself. " Guo Jingjing said.

　　The "Newport people" from the mainland dare to fight, and their independence and hard work make the locals look at each other with new eyes, which also makes them pay more attention to the mainland.

　　"Wow, so beautiful, so convenient!" Guo Jingjing had friends from Hong Kong who went to the mainland and lamented that "it was so different from what I thought".

　　"Our mainland may not have been so convenient before, and our development started relatively late. Therefore, many Hong Kong people of my age feel that the West is better and choose to go to the West for education. But in the last ten or twenty years, we have made rapid progress, and some aspects have even begun to surpass the West. " Guo Jingjing said that there are many Hong Kong friends around her who are considering sending their children to the mainland for education. "They want to know about the mainland and know some of our own stories."

　　Guo Jingjing is also going deeper into Hong Kong.

　　As an ambassador of the Hong Kong Committee of UNICEF, she actively participated in charitable activities, paid attention to the rights and interests of women and children, volunteered and visited? Room. Under the epidemic? To make matters worse, Guo Jingjing dressed in volunteer clothes, packed and distributed anti-epidemic materials, hoping to help them do basic protection.

　　"I think I should do my part, and I hope to appeal to more people to help these people in need." Guo Jingjing said.

　　Sports is Guo Jingjing’s old job, and it is also an area that she always pays attention to and loves.

　　Every time mainland Olympic athletes visit Hong Kong, they are warmly welcomed by Hong Kong people. Guo Jingjing is always as excited as a fan when she is present to support them. "Seeing the state and spirit of these outstanding athletes at the scene, I am really proud of them. Especially at the scene, it is very inspiring to hear them share their stories. " She said.

　　Hong Kong is a small place with limited resources. Relying on Guangdong-Hong Kong-Macao Greater Bay Area and other provinces and cities in the Mainland, no matter the training venues, high-level coaches or players, it can help Hong Kong athletes to improve better. At the Tokyo Olympic Games held last year, Hong Kong athletes performed well and made a historic breakthrough in medal achievement.

　　"This is inseparable from the support of the state, sports exchanges with the mainland, and the SAR government’s investment in sports resources." Guo Jingjing said, "For the same goal, to do better together, sports have such power".

　　In 2025, Hong Kong will participate in hosting the National Games for the first time, and Guo Jingjing is looking forward to it. "There are many events in the National Games, and I hope more competitions can be held in Hong Kong, so that the public can see more exciting events. Of course, it is also very convenient between cities in Greater Bay Area. I hope that the epidemic will end as soon as possible. At that time, I can see the highest level of competition in our country, and I am very excited to think about it. "

　　After living in Hong Kong for ten years, Guo Jingjing became more fluent in Cantonese. She walked in the street with long hair and a long skirt, just like a Hong Kong girl. But she will miss her hometown with winter and snow. "I like four distinct seasons. It’s cold in winter, so I can wear thick clothes. When it snows, I can go out to play with snow.".

　　Guo Jingjing will tell children stories about her hometown and her childhood. "Before the epidemic, they will be taken back once or twice a year." Guo Jingjing said that now that children are growing up, they want to take them to see the hometown of giant pandas and go to some ethnic minority areas to let them know how big and beautiful their motherland is.

　　After 25 years of return to the motherland, Hong Kong is about to open a new chapter. In Guo Jingjing’s view, the country’s development is striding forward, and the overall environment in Hong Kong is getting better and better. Many Hong Kong people go north to pursue their dreams in the Mainland, and some mainlanders choose to come to Hong Kong for development. The two-way flow of talents has made Hong Kong and the Mainland increasingly close.

　　Guo Jingjing hopes that Hong Kong in the future will continue to play its unique advantages in the overall development of the country. "I hope that Hong Kong will be better and Hong Kong will certainly be better."

[car home Beijing Preferential Promotion Channel] Recently, a large-scale preferential activity is being carried out in Beijing, with the highest preferential range reaching 50,000 yuan, making the minimum starting price of this model only 113,900 yuan. If you are considering buying Volkswagen ID.3, now is an excellent time. Please note that if you want to get a higher discount, you may wish to click "Check the car price" in the quotation form to get the best discount.

Volkswagen ID.3 adopts a streamlined body design, and the overall style is simple and dynamic. In the front face design, ID.3 cancels the traditional air intake grille and replaces it with a flat closed panel with Volkswagen’s LOGO embedded in the center and slender LED headlights on both sides, creating a futuristic visual effect. The side lines of the car body are smooth, with a low roof and large wheels, showing a sporty atmosphere. On the whole, the design of ID.3 not only conforms to modern aesthetics, but also has a sense of science and technology.

The body size of Volkswagen ID.3 is 4261mm*1778mm*1568mm, the wheelbase is 2765mm, the front tread is 1548mm and the rear tread is 1525 mm.. The body lines are smooth, and the compact and dynamic design style is adopted. With 18-inch rims, the tyre size is 215/55 R18, which not only improves the stability and handling performance of the vehicle, but also gives the vehicle a more fashionable and sporty visual effect.

The interior style of Volkswagen ID.3 is simple and modern. The central control area is equipped with a 12.9-inch touch screen, which integrates multimedia system, navigation and voice recognition control functions, greatly improving the driving convenience. The steering wheel is made of plastic material, which supports manual adjustment up and down and back and forth to meet the needs of different drivers. The seat is made of leather/fabric mixed material, and the main and auxiliary seats provide the functions of front and rear, backrest and height adjustment, ensuring the ride comfort. In addition, the car is equipped with a Type-C charging interface, which facilitates the charging of passengers’ electronic equipment.

Volkswagen ID.3 is equipped with an efficient motor with a maximum power of 125 kW and a peak torque of 310 Nm, which provides a strong power output for the vehicle.

Car home car owners are full of praise for the design of ID.3. He mentioned: "The design of ID.3 is fashionable and sporty. The front of the car is dignified, adopts a young and fashionable design style, and has a strong sense of movement. The front headlights are soft in design, giving people a sense of layering. At the same time, they are equipped with LED daytime running lights, and the overall visual effect is soft and dynamic. "

　　The three A-share indexes collectively fell in early trading. As of midday, the Shanghai Composite Index fell by 1.42%, the Shenzhen Component Index by 1.56%, the Growth Enterprise Market Index by 1.16%, the Beizheng 50 Index by 3.23%, and the half-day turnover of Shanghai, Shenzhen and Beijing was 620.6 billion yuan, including 617.4 billion yuan in Shanghai and Shenzhen, which was 38.5 billion yuan higher than the previous day. More than 5,000 stocks in the two cities fell, and northbound funds sold 4.483 billion yuan in half a day.

　　In terms of plate theme, CSSC, Chinese prefix stock and banking plate were among the top gainers; Shell resources, hotels and restaurants, and reducer concepts were among the top losers.

　　On the disk, the Chinese prefix plate continued to be active, with () and () daily limit, and () rising by over 10%. Local changes occurred in the low-altitude economic sector, with the Suzhou-Shanghai Stock Exchange trading at a daily limit of 20cm, and rice information, (), () and so on rising. Micro-disk stocks continued to plummet, with more than 300 stocks in the two cities falling. ST plate continued its downward trend, with over 30 stocks such as (), (), () and () falling, while tourism and hotel stocks were among the top losers, while (), () and Emei Mountain A fell.

　　Plate analysis:

　　Straight flush hot stock list:

　　Transaction review:

　　At 09: 25, A shares opened, the Shanghai Composite Index opened 0.45% lower, the Shenzhen Component Index opened 0.61% lower and the Growth Enterprise Market Index opened 0.67% lower.

　　09:26 () opened 9.77% lower. wilson lee, the actual controller of the company, was sentenced to three years and ten months’ imprisonment for the crime of manipulating the securities market.

　　At 09:27, the hotel and tourism sector started to decline, () fell by nearly 9%, followed by (), (), (), Changbai Mountain and Zhangjiajie.

　　At the daily limit of 09:28 (), the company expects the net profit in the first quarter to increase by 32.86%–37.90% year-on-year.

　　At 09: 31, the opening of ST plate continued to plummet, with nearly 40 shares including (), (), ST Tongzhou, () and () falling.

　　At 09:32, the Chinese prefix stock fluctuated and rose, Zhonggong Hi-Tech hit the daily limit, and China Railway Assembly, (), (), () and () followed suit.

　　09:35 () Micro-cap stocks continued to fall, falling more than 6%, and more than 100 stocks in the two cities fell.

　　At 09:37, the concept of reducer fell, () stopped, () and () fell by more than 10%, (), () fell by more than 7%.

　　At 09:50, the North Stock Exchange 50 Index fell more than 2%, and 248 stocks in the North Stock Exchange exceeded 230 stocks.

　　At 09:50, the Shenzhen Component Index fell to 1%, the Shanghai Composite Index fell by 0.68%, and the Growth Enterprise Market Index fell by 1.08%. Hotel tourism, textiles and clothing, consumer electronics and automobile industry chain were among the top losers, and Shanghai, Shenzhen and Beijing fell by more than 4,800 stocks, of which nearly 700 stocks fell by over 9%.

　　At 09:53, the Shanghai Composite Index fell to 1%, the Shenzhen Component Index fell by 1.29%, the Growth Enterprise Market Index fell by 1.36%, and more than 4,900 stocks in the two cities fell, with hotel tourism, textiles and clothing, consumer electronics and automobile industry chain leading the way, among which nearly 1,100 stocks fell by over 9%.

　　At 09:57, the flush micro-cap stocks continued to weaken and fell by more than 9%, and nearly 300 stocks in the two cities fell.

　　10:00 According to the straight flush iFinD data, the turnover of Shanghai and Shenzhen stock markets reached 335.6 billion yuan within half an hour of opening.

　　At 10:12, the shell resource sector continued its decline, with (), (), (), (), (), () and other stocks falling.

　　At 10:20, the concept of low-altitude economy changed locally. () The daily limit of 20cm, rice information rose by over 9%, followed by Shenzhen Stock Exchange, CITIC Haizhi and ().

　　10:30 According to Xinhua Finance, Sheng Laiyun, deputy director of the National Bureau of Statistics, said at the press conference of the State Council Office on April 16 that in the next stage, China’s CPI will rebound moderately at a low level.

　　10:42 According to the straight flush iFinD data, up to now, the turnover of Shanghai and Shenzhen stock markets has exceeded 500 billion yuan, including 221.8 billion yuan in Shanghai stock market and 279.4 billion yuan in Shenzhen stock market.

　　At 10:50, according to the straight flush iFinD data, according to the balance scale, the net inflow of southbound funds has exceeded 5 billion yuan up to now, including 3.678 billion yuan from Hong Kong stocks connecting with Shanghai and 1.336 billion yuan from Hong Kong stocks connecting with Shenzhen.

　　News:

　　1. Tesla’s layoffs are said to be close to 20% in some departments.

　　Tesla’s layoffs are said to be close to 20% in some departments. (Sina Finance)

　　2. Japan plans to take anti-monopoly action against Google on search advertising.

　　According to the Nikkei News quoted by Cailian, Japan plans to take anti-monopoly action against Google on search advertising. Japan will force Google to voluntarily "reform" its own business practices. Earlier, Japan investigated the search advertising technology provided by Google to Yahoo.

　　3. Guotai Junan: Russian metal has been subjected to several rounds of sanctions, and the impact of this sanctions may be weak.

　　Guotai Junan Research Report said that since the "Russia-Ukraine conflict", countries such as Britain and the United States have been restricting the Russian metal market. In March 2023, the United States imposed a 200% tariff on aluminum produced in Russia and its processed products, and extended it to tax products using Russian aluminum; In December 2023, the United Kingdom introduced legislation that directly prohibited the import of Russian metals (including aluminum, copper and nickel). After the previous sanctions, the delivery channels of Russian metals have been diversified. On the other hand, referring to April 2018, when LME refused to accept aluminum ingots produced by Rusal as the delivery target, the export volume of Rusal decreased by about 70% compared with the monthly average in 2017, while in May 2018 it was higher than the monthly average in 2017 by 21%. Although LME plays a key role in global metal pricing, most metals are traded among miners, traders and manufacturers without entering LME warehouses. Therefore, being excluded from the deliverable brand of the futures exchange will not greatly weaken Russia’s ability to export related metals. Russian metals continue to flow to China, which may lead to loose supply of aluminum, copper and nickel, while overseas metals are in short supply. Domestic metal processing enterprises may benefit from lower costs and increased export demand.

　　4. After nearly three years, cannabidiol was mentioned again, and it was managed as a "medical instrument" product.

　　According to the Securities Times, recently, China Food and Drug Inspection Institute (hereinafter referred to as "the Central Inspection Institute") released the Summary of the First Classification and Definition Results of Medical Device Products in 2024. It is noteworthy that drugs containing cannabidiol have been re-included in the management category. According to the above documents, it is suggested that among the 10 products whose management attributes are defined according to the judgment procedure of pharmaceutical machinery combination products, the first one is nasal antiallergic gel, which contains cannabidiol. According to the document, cannabidiol is a pure natural component extracted from cannabis plants and has analgesic and anti-inflammatory effects. However, the above-mentioned documents also point out that the 10 suggestions are only preliminary suggestions according to the combination products of pharmaceutical machinery, and the determination of their specific management attributes needs to be determined according to the relevant requirements for defining the attributes of pharmaceutical machinery combination products.

　　5. () Net profit growth in the first quarter Morgan Stanley and Jefferies raised the company’s target price.

　　Contemporary Amperex Technology Co., Limited’s first-quarter net profit growth, the industry’s dominant position to resist the impact of weak car sales. After the performance, Morgan Stanley and Jefferies both slightly raised the target price of Contemporary Amperex Technology Co., Limited. Morgan Stanley analyst Jack Lu pointed out in the report that Contemporary Amperex Technology Co., Limited’s battery profit rate exceeded expectations, benefiting from improved sales mix and cost control, and is expected to continue to boost profitability; Raise the company’s target price by 4.5% to 230 yuan. Jefferies analyst Johnson Wan pointed out in the report that Contemporary Amperex Technology Co., Limited’s net profit after tax in the first quarter was 10.5 billion yuan, slightly exceeding market expectations; Reiterate the constructive views on the company, maintain the buy rating and slightly raise the target price to 245 yuan.

　　6. National Bureau of Statistics: In March, the sales price of new commercial housing in first-tier cities decreased by 0.1% from the previous month and 1.5% from the same period last year.

　　According to the data of the National Bureau of Statistics, in March, the sales price of new commercial housing in first-tier cities decreased by 1.5% year-on-year, and the decline rate was 0.5 percentage points higher than that of the previous month. Among them, Beijing and Shanghai increased by 0.8% and 4.3% respectively, while Guangzhou and Shenzhen both decreased by 5.5%. The sales price of new commercial housing in second-and third-tier cities decreased by 2.0% and 3.4% respectively year-on-year, and the decline rate was 0.9 and 0.7 percentage points higher than that of last month.

　　7. Year-on-year growth of 5.3%! Preliminary accounting shows that China’s GDP in the first quarter exceeded 29 trillion yuan.

　　According to Xinhua News Agency, the State Council Information Office held a press conference today (April 16th), inviting Sheng Laiyun, deputy director of the National Bureau of Statistics, to introduce China’s national economy in the first quarter of 2024. According to the data released at the meeting, according to preliminary accounting, the GDP in the first quarter was 296.299 billion yuan, up 5.3% year-on-year and 1.6% quarter-on-quarter over the previous year at constant prices. By industry: the added value of the primary industry was 1,153.8 billion yuan, up 3.3% year-on-year; The added value of the secondary industry was 10,984.6 billion yuan, an increase of 6.0%; The added value of the tertiary industry was 17,491.5 billion yuan, an increase of 5.0%.

　　8. National Bureau of Statistics: The total retail sales of social consumer goods increased by 3.1% in March.

　　According to the data of the National Bureau of Statistics, in March, the total retail sales of social consumer goods was 3,902 billion yuan, a year-on-year increase of 3.1%. Among them, the retail sales of consumer goods other than automobiles reached 3,496.8 billion yuan, an increase of 3.9%. From January to March, the total retail sales of social consumer goods reached 12,032.7 billion yuan, a year-on-year increase of 4.7%. Among them, the retail sales of consumer goods other than automobiles reached 10,916.3 billion yuan, an increase of 4.7%.

　　9. National Bureau of Statistics: From January to March, the national investment in fixed assets increased by 4.5%.

　　According to the data of the National Bureau of Statistics, from January to March, 2024, the national investment in fixed assets (excluding farmers) was 1,004.2 billion yuan, a year-on-year increase of 4.5% (in terms of comparable caliber, see Appendix 7 for details), and the growth rate was 0.3 percentage points faster than that in January and February. Among them, manufacturing investment increased by 9.9%, and the growth rate accelerated by 0.5 percentage points; Infrastructure investment (excluding electricity, heat, gas and water production and supply industries) increased by 6.5%, and the growth rate was accelerated by 0.2 percentage points. From the ring comparison, investment in fixed assets (excluding farmers) increased by 0.14% in March. From January to March 2024, private investment in fixed assets was 5,159.7 billion yuan, a year-on-year increase of 0.5%.

　　10. National Bureau of Statistics: From January to March, the sales area of new commercial housing decreased by 19.4% year-on-year.

　　Statistics from the National Bureau of Statistics show that from January to March, the national investment in real estate development was 2,208.2 billion yuan, a year-on-year decrease of 9.5% (calculated by comparable caliber); Among them, residential investment was 1,658.5 billion yuan, down by 10.5%. From January to March, the housing construction area of real estate development enterprises was 6,785.01 million square meters, down 11.1% year-on-year. Among them, the residential construction area was 4,745.8 million square meters, down by 11.7%. The newly started housing area was 172.83 million square meters, down by 27.8%. Among them, the newly started residential area was 125.34 million square meters, down by 28.7%. The completed housing area was 152.59 million square meters, down by 20.7%. Among them, the completed residential area was 111.48 million square meters, down by 21.9%. From January to March, the sales area of new commercial housing was 226.68 million square meters, down 19.4% year-on-year, of which the sales area of residential housing decreased by 23.4%. The sales volume of newly-built commercial housing was 2,135.5 billion yuan, down by 27.6%, of which residential sales decreased by 30.7%. At the end of March, the area of commercial housing for sale was 748.33 million square meters, a year-on-year increase of 15.6%. Among them, the residential area for sale increased by 23.9%.

　　11. The Shuibei version of the "Golden Robbery" was staged. The merchant said that an upstream material merchant "ran away" with hundreds of kilograms of gold payment.

　　According to science and technology innovation board Daily, this morning, it was reported on the Internet that some merchants in Shenzhen Shuibei "ran away" with hundreds of kilograms of gold. The reporter interviewed a number of water shellfish people and learned that the rumor is true, involving up to 200 million yuan, about 400 kilograms of gold value. A gold supplier of shellfish said that the "runner" was the upstream supplier, and the injured group was the downstream small counter merchants. Some shellfish suppliers were used to attracting counter merchants with prices lower than those in the venue (Shanghai Gold Exchange belongs to the venue), and there was often gambling behind it. Recently, the price of gold rose rapidly, which easily led to gambling failure.

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

　　HarmonyOS system release: compatible with Android.

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

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

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

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

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

　　HarmonyOS open source, first used for smart screen.

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

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

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

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　　【 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.

() 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: