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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　　How to collect flash coupons? Where is the flash coupon redemption code? The flash app will issue coupons to users who meet the conditions, and the coupons can be cashed in when paying the order. So how can users get coupons?

　　How to collect flash coupons:

　　1. New users can receive coupons on WeChat or the latest version of app;

　　2. Users who have already placed an order can make an order on WeChat or app, and they can get a coupon for flash delivery. Everyone can get one at most every three days;

　　3. You can share red envelopes with your friends every time you complete a single order. After sharing, you can get a coupon given by flash, and each person can get one at most every 3 days.

　　The coupon is in the head sign in the upper left corner, and you can see it in the coupon.

　　The above is the introduction of how to collect flash coupons, hoping to help everyone.

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.

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

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

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

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

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

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?

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　　It is a common phenomenon that the fan of the air conditioner turns to the compressor and does not start, which may be caused by many reasons. This article will introduce several common reasons and provide corresponding solutions.

　　First, the power supply problem

　　When the fan-to-compressor of the air conditioner is not started, it is first necessary to check whether the power supply is normal. You can check whether there is electricity in the power socket and whether the power cord is damaged. If there is a problem with the power supply, it is necessary to replace the power cord or power socket in time.

　　Second, the compressor is damaged

　　If the failure to start the fan-compressor of the air conditioner is caused by the damage of the compressor, the compressor needs to be replaced in time. When buying a new compressor, you need to pay attention to the consistency of brand and model to avoid compatibility problems.

　　Third, the capacitance problem

　　Capacitance is another common reason why the fan-to-compressor of the air conditioner is not started. The function of the capacitor is to provide the starting power supply. If the capacitor is damaged or aged, the compressor will not start. The solution is to replace the capacitor or repair the capacitor.

　　Fourth, the temperature sensor problem

　　The temperature sensor is one of the key factors that the fan-to-compressor of the air conditioner does not start. If the temperature sensor is damaged or the signal interferes, the compressor will not start normally. The solution is to replace the temperature sensor or carry out signal interference processing.

　　Five, air conditioning internal fault

　　The internal fault of air conditioner is one of the most common reasons why the fan-compressor of air conditioner is not started. It may be caused by internal component damage or short circuit. The solution is to ask professional air-conditioning maintenance personnel for inspection and maintenance.

　　Solution:

　　Check whether the power supply is normal and replace the power cord or socket.

　　Check whether the compressor is damaged and need to be replaced.

　　Check whether the capacitor is damaged or aging, and it needs to be replaced or repaired.

　　Check the temperature sensor for damage or signal interference, and need to be replaced or processed for signal interference.

　　Try to avoid internal faults of the air conditioner, such as damage of internal components or short circuit, and it is necessary to ask professional air conditioner maintenance personnel for inspection and maintenance.

　　It is a common air-conditioning failure that the fan of the air-conditioning unit turns to the compressor, which may be caused by many reasons, such as power supply problem, compressor damage, capacitance problem, temperature sensor problem or air-conditioning internal failure. Solutions include checking power supply, replacing compressor, replacing capacitor or repairing capacitor, replacing temperature sensor or processing signal interference. When using the air conditioner, it is necessary to pay attention to maintenance and avoid the occurrence of internal faults of the air conditioner. In case of air conditioning failure, it is recommended to contact professional air conditioning maintenance personnel for inspection and maintenance in time.

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The exterior design of BMW i4 attracts much attention for its unique front face design, streamlined body and sports style. The front face adopts the iconic kidney-shaped air intake grille, but unlike the traditional BMW model, the i4 air intake grille adopts a closed design, which shows its identity as a pure electric vehicle. The body lines are smooth, and the whole body presents a style of combining technology with sports.

The length, width and height of BMW i4 are 4785mm, 1852mm and 1455mm respectively, with a wheelbase of 2856mm, a front tread of 1601mm and a rear tread of 1630mm. The side lines of the car body are smooth and dynamic, with 18-inch rims, which are 245/45 R18 in front of tyre size and 255/45 R18 in rear of tyre size, showing a unique sports style.

The interior design of BMW i4 is characterized by luxury and technology. The center console is equipped with a 14.9-inch high-definition touch screen, which supports the voice recognition control of multimedia system, navigation, telephone and air conditioner, providing a convenient operating experience for drivers. The steering wheel is made of leather and has the function of manual adjustment up and down, forward and backward to ensure the driver to find the most suitable driving posture. The car is also equipped with a front wireless charging board for easy charging. In terms of seats, a variety of material choices are provided, including imitation leather, genuine leather and leather /Alcantara mix and match. The main and co-pilot seats are equipped with functions of front and rear adjustment, backrest adjustment, height adjustment (4-way), leg rest adjustment and lumbar support (4-way), and support for seat heating, which brings a comfortable riding experience. The rear seats have a proportional reclining function, which increases space flexibility.

BMW i4 is equipped with a powerful motor with a maximum power of 210 kW and a maximum torque of 400 Nm, which provides drivers with abundant power and excellent driving experience.

Car home car owners spoke highly of the BMW i4: "Good sound insulation, sufficient power, king in appearance, and I don’t think I will lose my sister Mercedes-Benz if the volcanic red interior is made." These real feedbacks reflect the excellent performance of BMW i4 in many aspects, which are impressive in both driving experience and interior design.

　　Xinhua News Agency, Washington, April 8 (Reporter Xu Jianmei, Deng Xianlai) On the 8th, US President Biden announced a series of administrative measures to strengthen gun control and reduce gun violence.

　　Biden made a speech in the White House Rose Garden that day, saying that gun violence in the United States is taking lives every day and leaving lasting scars on the community. "Gun violence is an epidemic in the United States and embarrasses the United States internationally."

　　These administrative measures include: the Ministry of Justice issued a proposed regulation to stop the proliferation of "ghost guns" within 30 days; Issue separate regulations on strengthening the control of pistol "stable bracket" within 60 days; Publish the "Red Flag" icon warning sample regulations that are convenient for States to refer to within 60 days; The Ministry of Justice will release the first report on gun smuggling in the United States in 21 years; Federal agencies will increase funding for community projects to reduce gun violence in cities by non-custodial means.

　　"Ghost gun" is a gun that is self-processed and assembled by purchasing parts, and there is no traceable commercial serial number; The "stable bracket" can turn the pistol into a more lethal and accurate rifle, and it is not subject to the legal constraints of supervising rifles; The "Red Flag" law allows local courts to prevent people who are suicidal or may pose a danger to others from obtaining guns for a period of time at the request of relatives and friends of the parties concerned or local law enforcement departments.

　　Biden said that he hopes to treat the parts of the "ghost gun" as guns in accordance with the gun management law, and that merchants will be equipped with serial numbers when selling parts and conduct background checks on buyers. He said that in some states that have enacted "Red Flag" laws, the number of people who commit suicide with guns has decreased.

　　Biden also nominated David chipman as the director of the Bureau of Alcohol, Tobacco, Firearms and Explosives of the United States. chipman, who advocated gun control, has worked in the Bureau for 25 years.

　　According to American media reports, in 2020, nearly 20,000 people in the United States died of gun violence, and another 24,000 people committed suicide with guns. Gunmen have become worse this year, and major shootings have occurred in Georgia, Colorado and California recently.

　　On March 11th, the House of Representatives controlled by the Democratic Party of the United States passed two bills to strengthen the background investigation of gun purchase, but they were blocked in the Senate. Analysts believe that due to the long-term sharp opposition between American society and the democratic and Republican parties on the issue of gun control, it is uncertain whether the new gun control measures introduced by the Biden administration can be effectively implemented.