In 2023, Guangdong people’s livelihood data was released: the per capita disposable income of residents was 49,327 yuan.

On January 18th, Guangdong Corps of the National Bureau of Statistics released the main livelihood data of Guangdong in 2023. According to the data, in 2023, the per capita disposable income of Guangdong residents was 49,327 yuan, a year-on-year increase of 4.8% (unless otherwise specified). After deducting the price factor, the actual increase was 4.4%; The per capita consumption expenditure of Guangdong residents was 34,331 yuan, a year-on-year increase of 6.7%.

Income increases "health" expenditure grows rapidly.

In terms of urban and rural areas, in 2023, the per capita disposable income of urban residents in Guangdong was 59,307 yuan, a year-on-year increase of 4.2%; The per capita disposable income of rural residents was 25,142 yuan, a year-on-year increase of 6.5%. The per capita disposable income of rural residents increased by 2.3 percentage points faster than that of urban residents.

According to the source of income, the four categories of income increased in an all-round way. In 2023, the per capita wage income of Guangdong residents was 33,663 yuan, a year-on-year increase of 4.5%; The per capita net operating income was 6,328 yuan, a year-on-year increase of 5.9%; The per capita net income of property was 6,412 yuan, a year-on-year increase of 5.0%; The per capita net transfer income was 2,924 yuan, a year-on-year increase of 5.2%.

In terms of expenditure, in 2023, the per capita consumption expenditure of Guangdong residents was 34,331 yuan, a year-on-year increase of 6.7%. In terms of urban and rural areas, the per capita consumption expenditure of urban residents was 39,333 yuan, a year-on-year increase of 6.5%; The per capita consumption expenditure of rural residents was 22,209 yuan, a year-on-year increase of 6.8%.

According to the consumption category, the eight categories of consumption expenditure have achieved positive growth. Among them, Guangdong residents’ per capita expenditure on health care, transportation and communication, education, culture and entertainment continued the double-digit growth in the first three quarters, with growth rates of 18.9%, 16.5% and 10.7% respectively; Expenditure on clothing, other goods and services, housing, daily necessities and services, food, tobacco and alcohol increased by 9.5%, 9.2%, 5.3%, 3.5% and 1.0% respectively.

Moderate prices, CPI rose by 0.4% year-on-year

In 2023, the consumer price index (CPI) of Guangdong increased by 0.4% year-on-year, which was 1.8 percentage points lower than that in 2022. The core CPI excluding food and energy prices rose by 0.8%, which was 0.2 percentage points lower than that in 2022.

Judging from the monthly price trend, the monthly year-on-year price showed a trend of-0.4%-2.7%, and the fluctuation range was greater than that in 2022 (1.5%-3.1%).

Don’t look at the classification. In 2023, the prices of the eight categories of goods (services) that make up CPI "rose by 5 and fell by 3", with the increase and decrease ranging from-2.3% to 2.7%. Among them, the price of food, tobacco and alcohol rose by 1.4%, driving CPI to rise by about 0.42 percentage points; The price of education, culture and entertainment rose by 2.7%, driving CPI to rise by about 0.29 percentage points; The prices of other goods and services, clothing and medical care rose by 2.3%, 1.8% and 0.4% respectively. The price of transportation and communication decreased by 2.3%, which led to a decrease of CPI by about 0.32 percentage points; The prices of housing, daily necessities and services decreased by 0.5% and 0.1% respectively.

In the month of December, CPI decreased by 0.3% year-on-year, of which the price of pork decreased by 23.5%, which was 2.1 percentage points lower than that of the previous month, and the prices of other livestock meat and by-products decreased by 17.0%. The data shows that in 2023, the production situation of animal husbandry in Guangdong is stable and positive. Among them, the slaughter of pigs reached a new high, and the on-hand production capacity was obviously reduced; Poultry stocks are at a high level and continue to grow.

By the end of 2023, there were 20,492,000 live pigs in Guangdong, down 6.7% year-on-year, of which 1,957,900 were fertile sows, down 4.2% year-on-year. In 2001, 37,940,100 pigs were slaughtered, an increase of 8.5% year-on-year.

By the end of 2023, there were 402,315,400 poultry in Guangdong, a year-on-year increase of 3.7%. In 2001, 1,373,849,700 poultry were slaughtered, up 2.8% year-on-year.

The downward trend of PPI and IPI has slowed down

In 2023, the ex-factory price index (PPI) of industrial producers in Guangdong changed from 3.0% in 2022 to 1.5% in 2023. The purchasing price index (IPI) of industrial producers changed from 4.1% in 2022 to 2.4% in 2022.

From the monthly price trend, in 2023, PPI and IPI basically operated in the negative growth range, and the downward trend slowed down in the second half of the year.

Among the 38 major industries surveyed by PPI, the year-on-year price was "12 liters, 24 drops and 2 levels", with an increase of 31.6%, which was 52.6 percentage points lower than that in 2022. In terms of industries, the prices of petrochemical-related industries decreased by 4.5%, of which the prices of oil and natural gas mining industries decreased by 2.9% and the prices of oil, coal and other fuel processing industries decreased by 7.3%. The prices of metal-related industries decreased by 4.1%, among which the prices of non-ferrous metal mining and dressing industries decreased by 10.0%, and the prices of ferrous metal smelting and rolling processing industries decreased by 4.4%. The price of non-metallic mineral products industry decreased by 4.2%; Manufacturing prices fell by 1.7%.

In IPI, the prices of ferrous materials decreased by 7.4%, chemical raw materials by 6.1%, fuel and power by 3.2%, building materials and nonmetals by 3.2%, and non-ferrous materials and wires by 1.4%.

Text | Reporter Chen Zeyun Correspondent Guangdong Tune
Figure | Yangcheng Evening News Yangcheng School Data Map

Atypical American First Lady Melania: Not a socialite but a house girl.

  Melania: Atypical First Lady of the United States

  Our reporter/Li Jing

  This article first appeared in China News Weekly, No.895.

  "The shape of the nose is obviously wrong" and "the height is at least 6 inches shorter" … … US President Trump and his wife, Melania, made a trip to the hurricane-stricken area in Alabama in early March and fried the pot on American social media. The "first lady" standing next to Trump and wearing oversized sunglasses is considered by many netizens not to be the real Melania, but body double.

  Trump tweeted on this rumor on March 13, saying that such speculation is fake news. He believes that the media retouched Melania’s photos, and then caused conspiracy theories, saying that it was not the real Melania standing beside him, and that Melania was not in Alabama, but somewhere else. "As time goes by, these people become crazier!" Trump said.

  This is not the first time that Melania has been suspected of having body double. In August 2018, Melania and Trump went to Ohio to attend the event. There were also rumors on the Internet that Melania, who visited the Children’s Hospital, was completely different from the one who appeared on the tarmac earlier that day.

  Internet speculation has something to do with Melania’s low profile and frequent "disappearance". As the first "first lady" of Eastern European origin who was not born in the United States, Melania, although a frequent visitor in the fashion circle, is called one of the most "low-key" first ladies in American history, which is in sharp contrast with Trump, who acts in a high-profile manner. According to a survey published by YouGov and The Economist magazine on March 7, 2019, among the Trump family, the first lady Melania is the favorite of the American people.

  According to the poll data released by CNN on a regular basis, Melania’s support rate has been satisfactory, and it has remained close to 50% to 60% for most of 2018. Only in December did the poll support rate drop to 43%, while Trump’s support rate has been hovering around 40%.

  "reserved, elegant and calm"

  Melania moved to the White House only six months after Trump took office, and her "predecessors" usually moved to the White House in about a month. The reason she gave was to stay in new york and wait for her 11-year-old son Barron to finish the school year.

  During Melania’s absence from the White House for half a year, Trump’s daughter, ivanka, to some extent filled the vacuum created by the absence of the First Lady. As an adviser to the President, ivanka not only has his own office in the West Wing of the White House, but also attended Trump’s meetings with Israeli Prime Minister Benjamin Netanyahu, Canadian Prime Minister Trudeau and other dignitaries, and presided over and arranged a series of important activities in the White House.

  Even after Melania moved into the White House, ivanka often helped Trump prepare celebrations and social activities. Although ivanka has repeatedly said that it is inappropriate to associate her with the title of "First Lady", she is still regarded by the media as playing a part of similar role.

  Not only did Melania move into the White House belatedly, but he also took his time to set up a working team and carry out public activities. In her first year in the White House, she spent most of her time in a low-key and inaction state. So far, Melania’s office has only about 10 staff members, and there is a lack of experts in policy research and public relations. Previously, the office team of the first lady in the United States usually included more than 20 professionals.

  A close friend of Melania said in an interview with GQ magazine that Melania’s personality is completely different from that of her husband Trump. She is reserved, elegant and calm. "She does have money, but she is not a socialite but a house girl."

  Among the successive "first ladies" in the United States, Melania’s experience is quite unique. She was born in 1970 in a civilian family in the Slovenian town of Sevnica. Her father was a marketing manager in an automobile factory and her mother worked in a clothing factory. She studied design and architecture at the University of Ljubljana in Slovenia for one year. Because of her outstanding appearance, she began to model for fashion photographers at the age of 16, and then she made a living in Milan, Paris and other cities. This experience has enabled her to speak French, Serbian and German in addition to English and Slovenian.

  In the impression of Melania University classmates, she has always been a quiet person, who doesn’t smoke, drink or shuttle to parties. Even after she started her modeling career, she likes to go home immediately after work and stay with her equally quiet sister. Petra Sedge, her college classmate, recalled to GQ that boys liked party girls at that time, but unfortunately they were not. The party usually stayed in Melania or Petra’s dormitory to drink juice and chat.

  In 1995, Melania met Paul Zampori, a partner of the famous Metropolitan Model Company, in Milan, and with his encouragement, he went to the United States for development in 1996. In an interview with New York Post in 2005, Paul Zampori also said that Melania didn’t often go out, didn’t go to clubs or bars, only went to the movies and went to the gym. Before Trump, she had never dated anyone in new york. "This is a girl who models camel cigarettes on a huge billboard in Times Square, but she stays at home all the time."

  Many years ago, Melania told the media that if Trump was elected president, she would be a "very traditional" first lady. Today, although he lives in the White House, The New York Times reports that Melania has few friends in Washington and few public activities. When she is not looking after her son Barron, she goes back to her home in new york at least once a month to see people in her small circle, including her sister and her hairdresser.

  Lauren Wright, an expert on White House political issues at Princeton University, has written the book Representing the President: Contemporary Presidential Spouses and Communication Strategies in the White House. In an interview with China Newsweek, she said that compared with previous "first ladies", Melania is more resistant to contact with the media, unwilling to show her face too much, but wants to live her own life as much as possible.

  Although this is completely understandable from a personal perspective, the White House has lost some political influence that can only be obtained through the "first lady". The American public hopes to have an active, people-friendly, open and enthusiastic "first lady" in the East Wing of the White House, and is full of curiosity about the "first lady" itself and the life of the president and his wife. Most previous governments have made good use of this public sentiment.

  Lauren Wright also explained that the "first lady" of the United States is not a formal government position, and there is no clear responsibility, which is both the biggest challenge and the biggest opportunity. On the one hand, for a "first lady" like Melania, who doesn’t show her face in public activities, the risk of making mistakes or make a fool of oneself is relatively low, and at the same time, maintaining an image with a light political color and a vague party position, as a political outsider, there is less trouble. However, this also means giving up a valuable opportunity to win public opinion and support for the president and his political agenda, which is precisely the key to the role of "first lady".

  "Careful wife, strict mother"

  At Trump’s inauguration ceremony, Melania, who was originally smiling, suddenly stopped smiling and looked solemn after Trump turned away. Such a video is widely spread on the Internet. In addition, the American media at least twice caught Melania refusing to hold hands with Trump in public.

  The New York Times reported that Melania has an independent bedroom separated from her husband; When they travel, they have their own hotel suites. Last year, when Trump was caught in an affair with porn star Stony Daniels and a hush money scandal, Melania didn’t stand up for her husband, but chose silence.

  As early as the beginning of 2017, the famous American columnist Wolff wrote in his new book "Fire and Fury: Inside the Trump White House" that the married life of Trump and his wife Melaniya was different from ordinary people and they did not meet each other for a long time.

  In a report in May 2018, Washington post quoted an insider as saying that the Trumps usually don’t spend their leisure time together. During his vacation at Haihu Manor in Florida, President Trump would play golf or have dinner with important people in the political, business and media circles, but Melania often disappeared. Some assistants revealed that the couple did not eat together at the White House. However, Stephanie grisham, a spokeswoman for Melania, denied that the Trumps had a bad relationship, saying that as long as President Trump didn’t visit, the family spent most of the evening together, and questioning the Trumps’ relationship was just noise.

  Melania and Trump met at a party held in Zampori in 1998. At that time, Trump fell in love with Melania at first sight with his girlfriend, and took the initiative to talk to Melania while her girlfriend went to the bathroom. Melania refused Trump’s request for phone number, but asked Trump to provide contact information. Trump gave Melania all his office landline, private mobile phone and other contact information as a sign of sincerity. Melania recalled to the media many times that they had a good chemical reaction when they met for the first time.

  After dating for several years and going through a breakup and reunion, the couple held a grand wedding in 2005 at Ma arago Manor in Palm Beach, Florida. Melania wore a Dior haute couture wedding dress worth $100,000, which was decorated with 1,500 crystals, all sewn by workers. Celebrities gathered at the wedding, and the photo of Trump and Clinton, which was widely circulated on the Internet during the 2016 presidential election, came from this wedding. An old classmate of Melania told the American media: "Trump will marry Melania, largely because of Melania’s traditional values and emphasis on family."

  In 2005, Trump said in a TV talk show: "Melania is both a careful wife and a strict mother." Trump said that he values this very much and gets along with Melania very easily. "I work hard from morning till night, and I don’t want to go home and worry about the relationship between the two."

  Melania once said in an interview with GQ magazine: "I don’t get involved in politics and policies. Policies are my husband’s business." But she said that she is not without ideas and will share her ideas with Trump. As to what suggestions she made, her response was: "No one knows, and no one will know, because this is between my husband and me."

  Last August, The New York Times reported that Trump was usually not influenced by anyone, but he listened to Melania more attentively and respected her suggestions and advice than anyone else.

  Atypical "first lady"

  Compared with Michelle, who studied at Princeton University and Harvard University and worked as a professional lawyer, Melania, who is a model, always seems to have an inferior reputation.

  In September 2017, Melania took photos of more than 10 children collecting vegetables in the White House garden, and was criticized by American online media for posing because of her stiff posture and clean shoes. A shirt she was wearing, worth more than $1,000, was also criticized. There are also social media that attach photos of Mrs. Obama Michelle working in the White House garden for comparison, saying that "this is what the first lady works." In the photo, Michelle is struggling to shovel the soil with a plow in her hand, and her pants are covered with mud.

  On Christmas Day in 2018, Melania and Trump flew more than 6,000 miles and came to Iraq for 11 hours one way, bringing Christmas greetings to the US military. Melania was derided as "out of touch" because he wore cheap boots worth more than 100 dollars. Just a few days before Christmas, Michelle wore a pair of boots with a price of $3,900 during her own book promotion, which was rated as "amazing" by the media and praised Michelle’s fashion taste.

  American TV commentator Beauzels wrote that this is a double standard. He believes that liberals are partial to Michelle, and that Michelle is a representative of humble origin, and "disconnection" is a proprietary word they use to imply the difference between the Republican "first lady" and middle-income people. He was somewhat aggrieved by Melania: "Please don’t forget that the present ‘ The first lady ’ Melania was born in Yugoslavia, a former communist country, and she truly represents the common people ‘ The first lady ’ 。”

On November 10, 2017, during President Trump’s visit to China, Melania visited the Panda Pavilion in Beijing Zoo. Figure/vision china

  According to a document submitted by the White House to Congress in 2017, Melania employs less than half of the staff in the East Wing Office of the White House, and pays a total salary of about $486,700 a year, which is about $760,000 less than his predecessor (paying $1.24 million). Stephanie grisham, a spokeswoman for Melania, said, "Like everything she does, she is very careful in recruiting, focusing on quality rather than quantity." She wants to be alert and responsible when it comes to taxpayers’ money.

  In June 2018, the Trump administration implemented a "zero tolerance" policy for illegal immigrants, resulting in more than 2,300 children being separated from their parents. When the incident caused an uproar, Melania came to the front desk. Before she made a special trip to Texas to visit the children in custody, she made a rare statement, saying that she didn’t like to see children separated from their families, and hoped that the two parties would unite to realize the immigration policy reform. She believed that the United States should be a country that abides by laws and also a country that governs the country with love.

  Under the huge opposition, Trump quickly signed an executive order to cancel this policy. At that time, he said: "ivanka feels very strongly, my wife feels very strongly, and I feel very strongly. We don’t like to see the separation of flesh and blood."

  The New York Times reported that Melania was the only important American politician who visited the US-Mexico border after the incident. However, the goodwill of her trip was printed with "I really don’t care, do you?" The jacket with the words erased.

  Stephanie grisham said in a statement that the jacket "has no hidden information". A person close to Melania explained to The New York Times that, in fact, the jacket was aimed at anyone inside and outside the White House who wanted to criticize her decision, because she visited these children regardless of the strict immigration policy of the White House.

  In the first week of October, 2018, Melania, who has been the "first lady" for almost two years, started her first solo visit, visiting four African countries, namely Ghana, Kenya, Malawi and Egypt, and visiting local hospitals, schools, orphanages, nature reserves and historical sites.

  Melania’s dress once again caused controversy, and she was attacked for wearing a white helmet. It is said that this hat is reminiscent of European imperialism and colonialists, because British soldiers who colonized Africa and India in the 19th century often wore this helmet. At the first stop in Ghana, Melania’s long red and white striped dress became a hot topic. This long skirt, which was speculated by the media to come from the French luxury brand Silin, is worth 2000 dollars.

  Melania immediately told the Associated Press: "What I have done, what our assistance has done and what my initiative has done are very important. I hope everyone will talk about my trip, not what I am wearing! "

  Two months later, in an interview with Fox News, Melania said with emotion: "The fashion industry is like this, and so is politics. Both industries are difficult, and you need to have a thick skin." In the face of media reports, Melania said that they "can’t stop me from doing what I think is right".

  Washington post commented that since President Trump himself has not visited Africa, Melania’s visit will help draw attention to the Trump administration’s Africa policy. The trip to Africa was planned by Melania herself. In preparation for her visit, she also learned a lot of materials about the history, culture and current situation of the countries she visited. New york media "Newsday" commented that Melania’s achievements in visiting Africa have gone beyond Trump’s policy scope, and she has made it clear that her visit to Africa is not only for Trump’s endorsement.

  Before Melania returned, Trump tweeted that she "did a really good job in Africa, people liked her very much, and she liked them very much!"

  Lauren Wright, a White House political expert at Princeton University in the United States, told China Newsweek that as the "first lady", Melania has always played a role, but many times it seems that behind the scenes, she directly influenced policies by making suggestions to President Trump privately, such as personnel arrangements and the detention of illegal immigrants.

  In May 2018, Melania held his first press conference in the White House Rose Garden, and introduced his own public welfare plan "Be Best" to the media, expressing his commitment to helping children cope with the challenges and difficulties in their growth. When she spoke in English with a distinct Eastern European accent for nearly 10 minutes, Trump was also sitting under the stage, listening intently.

  In Lauren Wright’s view, the policy design of the "do your best" plan is atypical and does not follow the old routine of the "first lady" agenda. She said that the political agenda of the "first lady" usually strategically connects with the president’s policy platform, which will be an important part of the president’s policy, and generally shows the "flexible" side for the president’s controversial policies.

  For example, laura bush’s "Literacy Initiative" and "Prepare for Reading" plan all revolve around President George W. Bush’s "No Child Left Behind" plan. Her background as a teacher complements her husband’s agenda. Michelle Obama’s initiative to reduce childhood obesity can be "seamlessly connected" with President Obama’s health care policy reform. Comparatively speaking, "doing the best" rarely overlaps with President Trump’s other policy agendas, and there seems to be conflict in some aspects.

  During his visit to Africa, Melania rarely accepted an exclusive interview with ABC’s chief American journalist Lamas, covering a wide range of topics, including White House personnel, Trump’s affair, the "Me Too" movement and so on. In response to the rumor that she has 100% control over Trump, Melania said: "I wish I did, but I just gave him my suggestions and opinions, and then he would do what he wanted."

  Lamas also mentioned that some people say that in the White House, Melania is a "gatekeeper". Melania replied: "Yes, I give him honest advice!"

Announcement of Listed Companies in Shenzhen (October 12)

  (): Signing the project entry agreement with the management committee of Fuyan Industrial Cooperation Park will help to further improve the company’s industrial layout.

  China Fortune Link October 11-Baolixin announced that in order to further improve the company’s industrial layout and broaden the company’s lithium battery products, the company and the management Committee of Fuyan Industrial Cooperation Park signed the Agreement on the Entry of Baolixin Headquarters and PACK Factory Project and the Agreement on the Entry of Baolixin 6GWh Energy Storage Battery Green Factory Project. The company plans to invest in the establishment of Baolixin headquarters and PACK factory project (Phase I) and Baolixin 6GWh energy storage battery green factory project (implemented in two phases: Phase II and Phase III) in Fuyan Industrial Cooperation Park, and the management committee of Fuyan Industrial Cooperation Park gives the company full support in supporting services, policy subsidies, resources and capital introduction.

  Hua Shengchang signed a tripartite supervision agreement on raising funds.

  On October 11th, () announced that, according to the approval of the China Securities Regulatory Commission, the company publicly issued RMB ordinary shares on the Shenzhen Stock Exchange, with 33,333,400 shares issued at an issue price of RMB 1489 per share, with the total raised funds of RMB 496,334,300 and the actual net raised funds of RMB 454,266,400. The company and its subsidiaries signed a tripartite supervision agreement on raised funds with the deposit banks and sponsors, and opened a special account for raised funds.

  Xinhongye plans to invest 37.5 million yuan in a new energy fund.

  () Announcement, the company plans to invest in Wuxi Shanshui Green Energy Venture Capital Partnership (Limited Partnership) ("Investment Fund"). The scale of the investment fund is 150 million yuan, and the company has subscribed 37.5 million yuan with its own funds, accounting for 25% of the investment. It is reported that the fund mainly focuses on the "development, storage, delivery and use" of the new energy industry chain, focusing on investment in core components, manufacturing, equipment and materials related to zero carbon, green electricity and intellectual manufacturing. The main investment area of the fund is the Yangtze River Delta region.

  Sande Technology: The purchased Zhongrong Trust products have the risk of overdue payment.

  () Announcement: The company had previously purchased Gengze No.1 trust product with idle self-owned funds of RMB 10 million on March 21, 2023, and purchased Yuanrong No.1 trust product with idle self-owned funds of RMB 65 million on March 27, April 13 and July 7, 2023 respectively. The trustees of related products are Zhongrong International Trust Co., Ltd..

  As of the disclosure date of this announcement, the company has not received the principal and investment income of the above trust plan; The company has communicated with Zhongrong Trust on the follow-up matters of overdue payment of the above trust plan, and as of the disclosure date of this announcement, it has not received its formal written reply. In view of the uncertainty in the recovery of the investment funds of the above trust products, and based on the nature of their non-principal-guaranteed wealth management products, there is a risk that the principal and interest cannot be fully paid or only partially paid.

  Sande Technology: Some trust products are overdue.

  On October 11th, Securities News Agency announced that Sande Technology issued a risk warning announcement. As of the disclosure date of this announcement, the balance of other wealth management products purchased by the company with idle self-owned funds that have not yet expired was 260 million yuan, all of which are low-and medium-risk products such as structured deposits and large deposit certificates of national state-owned joint-stock banks and securities companies. In view of the uncertainty in the recovery of the investment funds of the above trust products, and based on the nature of non-guaranteed wealth management products, there is a risk that the principal and interest cannot be fully paid or only partially paid, and the impact on the company’s current and future profits is also uncertain, which is subject to the company’s announcement.

  Nastar has spent 174 million yuan to buy back 5,069,800 shares.

  () It was announced that from May 30, 2023 to September 30, 2023, the company repurchased 5,069,800 shares through centralized bidding, accounting for 0.36% of the company’s total share capital, with a total payment of 174 million yuan.

  Kaineng Health plans to spend 267 million yuan to increase its holding of the original energy group, and the next step is to plan and promote the IPO of the business segment.

  On the evening of October 10th, () announced that the company planned to acquire 12.87% equity of the original energy group held by Shanghai Senlu and Shanghai Senba for 267 million yuan. After the acquisition is completed, the proportion of shares held by Kaineng Health in Yuanneng Group will increase from 23.65% to 36.52%. At the same time, Kaineng Health will increase the nomination right of directors to strengthen the decision-making influence on the original energy group.

  According to public information, the original energy group was founded by Kaineng Health in July 2014 with a registered capital of 634 million yuan. Headquartered in the core area of Shanghai Zhangjiang Biomedical Industry Base, it is an important part of Kaineng’s healthy layout and large health industry development. Since its establishment, Yuanneng Group has included many core companies such as Haitai Pharmaceutical, Yuanneng Cell and Yuanqi Bio, among which, Yuanqi Bio and Yuanneng Bio have clear IPO listing plans.

  Kaineng Health said that the transaction will not have a significant impact on the company’s financial situation and operating results in 2023. In the future, depending on the operation and assets of the original energy group, the company will not rule out further increasing or acquiring the equity of the original energy group held by other shareholders, or passively changing the shareholding ratio due to the withdrawal of other shareholders’ capital reduction.

  Strengthen the layout and fit the strategy of "dual-energy drive"

  Since its establishment in 2014, Kaineng Health, as the founding shareholder and the largest shareholder of Yuanneng Group, has promoted the core business of Yuanneng Group based on cell storage, and extended its upstream and downstream to cryogenic cell storage equipment, cell therapy applications, cell cosmetics applications, and medical industrial park business.

  Up to now, the holding and shareholding companies of Yuanneng Group include six major parts, among which Haitai Pharmaceutical, Restoring Bio, Dongxin Bio, Yuanneng Cell Bank Co., Ltd., Yuanneng Cell (Lishui) Industry Development Co., Ltd., Shanghai Yuantian Biotechnology Co., Ltd., Jiyuan Meiye Biotechnology (Shanghai) Co., Ltd., Shanghai Yuanneng Cell Bio-Cryogenic Equipment Co., Ltd. and Yuanqi Bio-tech are the cores, gradually bearing the core technology development of the Group in different fields.

  The person in charge of Kaineng Health told the Securities Daily reporter: "The transfer of the original energy group’s equity is mainly in line with the company’s’ dual-energy-driven’ strategy, and the cultivated upstream and downstream business of cell storage and the company’s existing water purification business will jointly build a healthy industrial chain for human settlements."

  As a leading A-share whole house water purification enterprise, Kaineng Health has developed well in recent years. Under the severe external environment test in the past three years, the company has continuously achieved steady growth in performance. In the first half of this year, with the growth of gross profit of overseas orders and the elimination of external objective unfavorable factors in the same period of 2022, Kaineng achieved a healthy operating income of 796 million yuan, a year-on-year increase of 6.55%; The net profit attributable to shareholders of listed companies was 53.7822 million yuan, a year-on-year increase of 72.45%.

  In the announcement, Kaineng Health said that through this equity acquisition, it will further strengthen the company’s strategic layout in the health field, enhance the company’s comprehensive competitiveness and sustainable development ability, continuously consolidate the company’s dominant position, and consolidate the basic base of the company’s main business, which is in line with the company’s development strategy.

  "If this transaction can finally be implemented smoothly and the operation of the transaction target meets expectations, it will have a positive impact on the company’s future financial status and operating results." Kaineng health scale.

  Develop well and plan for independent listing of business.

  While practicing the strategy of "dual-energy drive", Kaineng Health has a very clear goal for the next development of Yuanneng Group.

  The announcement shows that after nearly 10 years of development, the original energy group’s current industry situation and its own layout situation are very good, and it has been able to achieve breakeven, and it has gradually changed into cultivating the cell industry ecosystem. Under the guidance of the actual controller, the relevant business sectors will hire professional teams, and after the business model is mature, they can plan to go public independently and introduce PE funds to accelerate.

  The relevant person in charge further stated that the original energy group has no overall IPO listing plan at present, and the subsidiaries of the original energy group will consider IPO listing in the next step.

  Among the holding and shareholding companies of Yuanneng Group, Yuanqi Bio is the main cell therapy drug development company incubated by Yuanneng Group. Up to now, the company’s products targeting advanced liver cancer have obtained the approval of clinical trials registered in National Medical Products Administration IND, and two other products are under preparation for IND application. In February this year, Yuanqi Bio announced that it had completed the B1 round of financing of US$ 45 million. The existing shareholder lineup includes Qiming Venture Capital and Jianfa Emerging Investment.

  In order to expand the investment in the technology platform construction and innovative product development process of Yuanqi Bio, Kaineng Health said that Yuanqi Bio has completed 100% red chip restructuring and plans to go public overseas in the future.

  At the same time, another company under the original energy group, which is mainly engaged in the research and development and sales of cell cryogenic storage equipment, is also constantly introducing external investors, completing the A round of financing in May 2022, and will also consider independent IPO listing in the future.

  In an interview with Securities Daily, a person in charge of R&D of a domestic pharmaceutical company said: "Gene and cell therapy is the third wave of new drug research and development, which has just emerged in China-it has entered the stage from R&D to product transformation, and may become the mainstream of the market after ten years. However, its growth rate is much faster than that of the traditional drug market, so at this time node, enterprises tend to increase research and development to meet market demand. "

  According to Kaineng Health, in the future, other business segments of the original energy group will follow this path. Therefore, some investors are willing to continue to sink into the subordinate business sector to continue PE investment, and some early investors intend to withdraw from investment and realize their own funds.

  It is worth mentioning that after the completion of the equity transfer, qu jianguo, the actual controller of Kaineng Health, holds a total of 50.73% of the equity of Yuanneng Group and is the actual controller of Yuanneng Group. If the IPO of the original energy group’s business segment goes smoothly, qu jianguo will welcome another listed company after Shenhua Industry and Kaineng Health.

  [Company] "Pay equal attention to China and the West" to a higher level! () buspirone hydrochloride tablets were approved by the new production site of FDA.

  Huasen Pharmaceutical announced that it had recently received a notice from the US Food and Drug Administration (hereinafter referred to as the "US FDA") on the approval of PAS(PriorApprovalSupplement) for the new pharmaceutical production site of buspirone hydrochloride tablets (ANDA#208972). The details are as follows:

  Huasen Pharmaceutical said that receiving the approval notice from the US FDA PAS is conducive to enriching the company’s products in the field of mental nervous system. In the future, the company will actively expand the international market and further enhance the international influence of its products, which is expected to have a positive impact on the company’s long-term operating performance.

  Panorama. com understands that buspirone hydrochloride tablets are mainly suitable for the management of anxiety disorder or the short-term relief of anxiety symptoms. They are national basic drugs and national medical insurance drugs. They are aromatic piperazine antianxiety drugs and 5-HT1A receptor agonists for the treatment of generalized anxiety disorder and other anxiety disorders. Because of its high specificity, and no obvious adverse reactions such as sedation, hypnosis, muscle relaxation and dependence or withdrawal, it has been widely used in the treatment of various anxiety disorders in psychiatry, and can also be used to treat the anxiety state associated with physical diseases, and has been recommended as a first-line treatment drug by Chinese and foreign guidelines for the treatment of anxiety disorders.

  Previously, Huasen Pharmaceutical had an exclusive proprietary Chinese medicine Liuwei Anshen Capsule in the field of mental nervous system and gained market recognition with definite curative effect. It has been included in the "Guide to Clinical Diagnosis and Treatment of Mental Diseases with Integrated Traditional Chinese and Western Medicine" as a recommended drug for "non-organic insomnia", and its sales revenue in the first half of this year increased by more than 60% year-on-year.

  In particular, the FDA of the United States is recognized as the most authoritative, strict and influential drug management and supervision institution in the world. In recent years, it has continuously improved the standards for drug approval and strengthened the supervision of drug production. This inspection indicates that the GMP management of Huasen Pharmaceutical (good manufacturing practice) has reached the international leading level, and has been standardized, programmed and standardized in strict accordance with cGMP specifications.

  In the secondary market, today’s Huasen Pharmaceutical shares closed at a daily limit of 18.24 yuan/share.

  Yiling Pharmaceutical Co., Ltd.: The application for clinical trial of innovative chemical medicine "G201-Na Capsule" was approved.

  () Announcement: On October 11th, 2023, the company received the Notice of Approval for Clinical Trials of the innovative chemical medicine "G201-Na Capsule" approved and issued by National Medical Products Administration, and the applied indication was hysteromyoma.

  It is reported that this product is a small molecule gonadotropin-releasing hormone (GnRH) receptor antagonist. Through competitive binding with pituitary GnRH receptor, drugs can inhibit pituitary gonadal axis, reduce the production and release of endogenous luteinizing hormone (LH) and follicle stimulating hormone (FSH), and reduce the level of estrogen, thus treating estrogen-dependent related diseases.

  Shaanxi Energy’s 22,502,300 restricted shares will be listed and circulated on October 16th.

  () Announced that the restricted shares listed and circulated this time are the restricted shares placed offline for the first time by the company, and the number of shares is 22,502,300, accounting for 0.6% of the company’s total issued share capital. The restricted sale period is 6 months from the date of the company’s initial public offering and listing. This part of the restricted shares will be released on October 16, 2023 and listed for circulation.

  Ouhao Group, the controlling shareholder of King Kong Photovoltaic, released 5 million shares.

  () It was announced that Guangdong Ouhao Group Co., Ltd. (hereinafter referred to as "Ouhao Group"), the controlling shareholder of the company, released the pledge of 5 million shares of the company on October 10, 2023, accounting for 10.53% of its shares and 2.31% of the company’s total share capital.

  Lianlong: Establish Lianlong R&D Company to meet the needs of future business development.

  () Announced that in order to meet the needs of the company’s future business development, the company invested 1 million yuan with its own funds to set up Tianjin Lian ‘long Technology R&D Co., Ltd. ("Lian ‘long R&D"), a wholly-owned subsidiary in Huayuan Industrial Zone, Tianjin Binhai High-tech Zone. The implementation of this project is conducive to enhancing the company’s core competitiveness in various business fields of biochemistry and new materials, while enhancing the company’s comprehensive strength and enhancing the company’s market competitiveness and risk resistance.

  () It has spent 80,745,200 yuan to buy back 4,756,700 shares, accounting for 1.05% of the total share capital.

  Seiko Technology announced that as of October 11th, 2023, the company had repurchased 4,756,700 shares of the company by centralized bidding, accounting for 1.05% of the company’s total share capital, of which the highest transaction price was 17.30 yuan/share, the lowest transaction price was 16.65 yuan/share, and the total transaction amount was 80,745,200 yuan (excluding transaction costs).

  The share repurchase ratio of Zhongchong reached 1.033%, costing 66.61 million yuan.

  () Announcement: As of September 30, 2023, the company has repurchased 3,037,400 shares, accounting for 1.033% of the company’s current total share capital, with the highest transaction price of 24.27 yuan/share and the lowest transaction price of 20.02 yuan/share, involving a total transaction amount of 66,605,300 yuan (excluding transaction costs).

  Novo Novo: No share repurchase has been conducted.

  () Announcement. According to the relevant provisions of the Guidelines for Self-regulation of Listed Companies of Shenzhen Stock Exchange No.9-Share Repurchase, the company shall announce the progress of repurchase by the end of last month within the first three trading days of each month. As of September 30, 2023, the company has not carried out share repurchase.

  Liu Huicheng, Chairman of Jinkong Power, resigned.

  () Announced that the company received a written resignation report from Mr. Liu Huicheng, the chairman of the company today. Mr. Liu Huicheng resigned as a director, chairman of the 10th Board of Directors and chairman of the strategy committee of the Board of Directors due to job changes, and no longer held other positions in the Company and its subsidiaries after his resignation.

  Baoding Technology’s 28.8522 million restricted shares will be listed and circulated on October 16th.

  () Announcement: During the company’s major asset restructuring in 2022, some new shares purchased by issuing shares will be released from restricted sale, and the number of shares released this time is 28,852,200, accounting for 6.74% of the company’s total share capital; The listing date is Monday, October 16th, 2023.

  Hongrun Construction won the bid for 892 million yuan urban rail transit civil construction project.

  () Announcement, the company recently received the bid-winning notice from Hangzhou Metro Group Co., Ltd., and the SG18-7 bid section of the first phase of Hangzhou Urban Rail Transit Line 18 was won by the company, with a bid price of 892 million yuan.

  The project includes Yongjiang Road Station, Yongjiang Road Station to Mo Xie Tangzhan Station, including bridge demolition and reconstruction, pipeline relocation and traffic diversion. The main contents are as follows: Yongjiang Road Station is a side station with three floors underground, with two entrances, four groups of wind pavilions, six emergency exits and one barrier-free elevator. The section from Yongjiang Road Station to Mo Xie Tang Station is a single circular shield tunnel, with four communication passages.

  Lv Gang, the controlling shareholder of Jingxin Pharmaceutical, released 16.8 million shares.

  () Announcement was issued. On October 10, 2023, the controlling shareholder of the company, Lu Gang, released the pledge of 16.8 million shares of the company, accounting for 9.40% of its shares and 1.95% of the company’s total share capital.

  The cumulative repurchase of 3,472,700 shares in the Soviet trial cost 65,445,000 yuan.

  () Announcement: As of September 28, 2023, the company repurchased 3,472,700 shares by centralized bidding, accounting for 0.68% of the company’s total share capital, with a total turnover of 65,445,000 yuan (excluding transaction costs).

  Jingu shares received the designated notice of Avatar New Energy Vehicle.

  () Announced that the company recently received a designated notice from a well-known new energy vehicle main engine factory (whose name cannot be disclosed due to confidentiality requirements, hereinafter referred to as the "customer"). The company will be the supplier of the customer to develop Avatar low-carbon wheel products for one of its main new energy vehicles, and the company will complete the product development and delivery according to the customer’s requirements.

  Zhang Xiaoquan: The controlling shareholder pledges part of the shares.

  On October 11th, () announced that the company recently received a notice from Zhang Xiaoquan Group, the controlling shareholder of the company, that Zhang Xiaoquan Group had pledged some of its shares, and the number of the pledged shares was 3,000,000, accounting for 3.95% of its shares and 1.92% of the company’s total share capital. As of the disclosure date of the announcement, Zhang Xiaoquan Group pledged 75,926,291 shares, accounting for 99.90% of its shares.

  The controlling shareholder and actual controller of Jingu shares received a warning letter from Zhejiang Securities Regulatory Bureau.

  Jingu Co., Ltd. issued an announcement. On October 10, 2023, Mr. Sun Fengfeng, Mr. Sun Jinguo and Ms. Sun Liqun, the controlling shareholders and actual controllers of the company, received the Decision on Taking Measures to Issue Warning Letters to Sun Fengfeng, Sun Jinguo and Sun Liqun issued by Zhejiang Supervision Bureau of China Securities Regulatory Commission. The details are as follows:

  Upon investigation, the above-mentioned personnel, as the controlling shareholder and actual controller of Zhejiang Jingu Co., Ltd. (hereinafter referred to as Jingu Co., Ltd.), respectively signed relevant agreements with the subscribers of Jiutai Fund Management Co., Ltd. and other non-public offering shares during the non-public offering of shares of Jingu Co., Ltd. in 2017, and agreed to guarantee their bottom income. The above acts violate Article 17 of the Measures for the Administration of Securities Issuance and Underwriting (Order No.121 of the CSRC) and Article 2 of the Measures for the Administration of Information Disclosure of Listed Companies (Order No.40 of the CSRC).

  According to Article 38 of the Measures for the Administration of Securities Issuance and Underwriting (Order No.121 of the CSRC) and Article 59 of the Measures for the Administration of Information Disclosure of Listed Companies (Order No.40 of the CSRC), Zhejiang Securities Regulatory Bureau decided to issue warning letters to Sun Fengfeng, Sun Jinguo and Sun Liqun respectively, and record them in the integrity files of the securities and futures markets.

  Watson biological has spent 72.198 million yuan to buy back 2 million shares.

  () Announcement was issued. As of September 30, 2023, the number of shares repurchased by the share repurchase company through the special securities account was 2 million shares, accounting for 0.12% of the company’s total share capital. The highest transaction price was 36.28 yuan/share, the lowest transaction price was 35.69 yuan/share, and the total transaction amount was 72.198 million yuan.

  Yiwei lithium can buy back 2,087,400 shares at a cost of 100 million yuan.

  () Announcement: As of September 30, 2023, the company has repurchased 2,087,400 shares by centralized bidding, accounting for 0.10% of the company’s total share capital, with a total turnover of 100 million yuan (excluding transaction costs).

  Hongrun Construction: Won the bid of 892 million yuan for the civil construction project of Hangzhou rail transit project.

  Hongrun Construction announced on the evening of October 11th that the company recently received the bid-winning notice from Hangzhou Metro Group Co., Ltd., and the SG18-7 bid section of the first phase of Hangzhou Urban Rail Transit Line 18 was won by the company. The bid price in the project was about 892 million yuan, accounting for 10.26% of the company’s annual operating income in 2022, and the construction period was 157 days.

  Guangdian Express intends to list and transfer 51% equity of Huitong Jinke to withdraw funds and focus on its main business.

  () Announced that since the acquisition, Huitong Jinke’s performance has continuously failed to meet expectations, and its business is less related to the company’s artificial intelligence high-tech main business. In order to withdraw funds and better focus on its main business, the company plans to publicly list and transfer its 51% equity of Huitong Jinke. Based on the evaluation results, the unit price of this listing and transfer of Huitong Jinke is not less than 3.48 yuan/share, and the total listing and transfer price is not less than 181 million yuan. The final transaction price is subject to the delisting price in Guangzhou Property Rights Exchange. After the completion of this equity transfer, the company no longer holds the equity of Huitong Jinke.

  Guangdian Express: It is planned to transfer 51% equity of Huitong Jinke by listing at no less than RMB 181 million.

  Guangdian Express announced on the evening of October 11th that the company intends to publicly list and transfer 51% equity of Huitong Jinke (stock code: 833631) with a total transfer price of not less than 181 million yuan. After the transfer, it will no longer hold the equity of Huitong Jinke. Guangdian Express said that since the acquisition in 2016, Huitong Jinke’s performance has continuously failed to meet expectations, and its business has little correlation with the company’s artificial intelligence high-tech main business. In order to withdraw funds and better focus on the main business, the company intends to transfer its equity. In addition, in order to focus on the development of its main business, the company plans to transfer 72% equity of Guangzhou Digital Finance Innovation Research Institute Co., Ltd. to Guangzhou Radio Group Co., Ltd. at a transfer price of 18 million yuan.

  Yangjie Technology has spent 59.96 million yuan to buy back 1,668,500 shares.

  () Announcement was issued. As of September 30, 2023, the company repurchased 1,668,500 shares of the company by centralized bidding through the special securities account, accounting for 0.3082% of the company’s current total share capital. The highest transaction price was 37.00 yuan/share, the lowest transaction price was 34.43 yuan/share, and the total transaction amount was 59.96 million yuan.

  Gu Shuchun, director and deputy general manager of Sino-British Technology, completed the reduction and accumulated a reduction of 78,700 shares.

  () Announcement: Gu Shuchun, the company’s director and deputy general manager, has completed the implementation of the share change plan, and he has reduced the company’s shares by 78,700 shares.

  Everbright Tongchuang sent 3.5 yuan date of record for every 10 shares in the first half of 2023 as October 17th.

  () Announced, the contents of the company’s equity distribution implementation plan for the first half of 2023 are as follows: based on the total share capital of 76 million shares, a cash dividend of RMB 3.50 will be distributed to all shareholders for every 10 shares, and a total cash dividend of RMB 26.6 million will be distributed, accounting for 49.75% of the net profit attributable to the mother in the same period. No bonus shares will be distributed, and no capital reserve will be converted into share capital.

  The distribution of rights and interests in date of record is October 17th, and the ex-dividend date is October 18th.

  According to the 2023 semi-annual performance report released by Everbright Tongchuang, the company’s operating income was 427 million yuan, down 14.43% year-on-year; The net profit attributable to shareholders of listed companies was 53.4655 million yuan, a year-on-year decrease of 6.87%; The basic earnings per share was 0.84 yuan, compared with 1.01 yuan in the same period last year.

  The main business of Shenzhen Guangdatong Innovative Materials Co., Ltd. is the research and development, production and sales of protective and functional products for consumer electronics. The company’s main products are consumer electronic protective products and consumer electronic functional products. The company’s customers are mainly consumer electronics terminal brands, manufacturing service providers and component manufacturers. After years of development, the company has become one of the enterprises with strong competitive advantages in the industry, with high-quality customer resources including Lenovo Group, (), (), Compal Computer, Wistron Zitong and Heshuo Technology. By the end of the reporting period, the company and its wholly-owned and holding subsidiaries had 149 patents, including 18 invention patents, 128 utility model patents and 3 appearance patents.

  (Source: () iFinD)

  Hong Zhipeng, the specific shareholder of Jindun Co., Ltd., has reduced its holdings by 4.975 million shares.

  () Announcement: The term of the company’s specific shareholder Hong Zhipeng’s share change plan expires, and it changed 4.975 million shares by centralized bidding from March 2023 to September 2023.

  Everbright tongchuang plans to send 10 shares to 3.5 yuan for ex-dividend on October 18th.

  Everbright Tongchuang announced that the company’s half-year equity distribution in 2023 is planned to: distribute 3.5 yuan (including tax) to every 10 shares of all shareholders; Ex-dividend date: October 18, 2023.

  Gansu Nenghua plans to increase the capital of Jingmei Company, a wholly-owned subsidiary, with the assets of Jingyuan Mining Area.

  () Announce that the company intends to increase the capital of Gansu Jingmei Energy Co., Ltd. (hereinafter referred to as "Jingmei Company"), a wholly-owned subsidiary, with the legally owned assets of Jingyuan Mining Area, including major monetary funds, physical assets, stock rights, state-owned land use rights, mining rights and corresponding creditor’s rights and debts.

  Gansu Nenghua: Jintai Testing, a subsidiary company, intends to acquire the equity of Jingzheng Testing and absorb and merge it.

  Gansu Nenghua announced that in order to make full use of and activate the existing resources, realize the optimal allocation of resources and efficient utilization of assets, and promote the structural transformation and high-quality development of the company’s testing business, Gansu Jingzheng Construction Engineering Quality Testing Co., Ltd. (hereinafter referred to as "Jingzheng Testing") held by Gansu Kebede Coal and CBM Development Technology Co., Ltd. (hereinafter referred to as "Kebede", a third-level wholly-owned subsidiary of the company), 100% equity of the company’s fourth-level wholly-owned subsidiary was transferred to Lanzhou Jintai Inspection Technology Co., Ltd. (hereinafter referred to as "Jintai Inspection", a third-level wholly-owned subsidiary of the company) free of charge. After the equity transfer is completed, according to the actual operation situation, Jintai Inspection will absorb and merge with Precision Inspection.

  After the completion of the equity transfer and merger, the legal entity qualification of Jingzheng Testing Company will be cancelled, and all its assets, liabilities, rights and interests and all other rights and obligations will be inherited by Jintai Testing Company.

  Wang Junfang, director of Shengtian Network, completed the reduction of 86,500 shares.

  () Announcement: Wang Junfang, the company’s director and senior manager, completed the implementation of the equity change plan and reduced the company’s shares by 86,500 shares.

  Yantai Zhongxing, the controlling shareholder of Zhongchong Co., Ltd., and its concerted actions reduced their holdings by 770,000 pieces.

  Zhongchong Co., Ltd. announced that the company recently received a letter from Yantai Zhongxing Biotechnology Co., Ltd. (hereinafter referred to as "Yantai Zhongxing"), and learned that Yantai Zhongxing and its concerted actors reduced their holdings of 27,700 "Zhongchong Zhuan" by block trading from May 8, 2023 to October 11, 2023, accounting for 10.01% of the total issuance.

  The first phase of the new high-efficiency battery project with an annual output of 12GW of Hengdian Dongci subsidiary was put into operation.

  () Announced that at present, the first phase of the 6GW new high-efficiency battery production line of the subsidiary’s annual output of 12GW new high-efficiency battery project has been completed and gradually put into production.

  Jingyi Co., Ltd. signed a framework purchase contract with Huasheng Industry to purchase electrolytic copper from it.

  () It was announced that the Company and its subsidiaries and Sun Company (hereinafter referred to as "subsidiaries") within the scope of consolidated statements signed a Framework Purchase Contract with Shenzhen Huasheng Industrial Co., Ltd. ("Huasheng Industrial") in 2023, stipulating that the Company and its subsidiaries would purchase electrolytic copper from Huasheng Industrial, and the validity period of the contract was from January 1, 2023 to December 31, 2023. The above contract did not stipulate the contract amount.

  From January 1, 2023 to October 7, 2023, the amount of daily business contracts signed by the company and its subsidiaries with Huasheng Industry has accumulated to 1.205 billion yuan, accounting for 52.63% of the company’s total audited assets in 2022.

  Since February this year, Liu Hui, the chairman of Jinkong Power, resigned due to work changes.

  On the afternoon of October 11th, Jinkong Electric Power (SZ000767, share price of 3.12 yuan, market value of 9.6 billion yuan) announced that Chairman Liu Hui had resigned as a director, chairman and chairman of the strategy committee of the 10th Board of Directors of the Company due to "work change", and would no longer hold other positions in the Company and its subsidiaries after his resignation.

  On February 22, 2023, Liu Huicheng was just elected as the chairman of Jinkong Power, and his tenure has been less than 8 months.

  Jinkong Power announced that Liu Huicheng did not hold the company’s shares, and he was not the person who broke the trust. "The company will complete the follow-up work such as the addition of directors and the election of the chairman as soon as possible in accordance with legal procedures."

  Liu Huicheng was born in May 1965. He used to be the Party Secretary and General Manager of Shanxi () Co., Ltd.; Member of the Party Committee and Deputy General Manager of Shanxi International Electric Power Group Co., Ltd.; Deputy General Manager, Standing Committee of Party Committee and Chairman of Trade Union of Jinneng Group Co., Ltd.; Deputy Secretary, Vice Chairman and General Manager of the Party Committee of Jinneng Holding Power Group Co., Ltd..

  Jinkong Electric Power, formerly known as Shanxi Zhangze Electric Power Co., Ltd., was listed on the Shenzhen Stock Exchange in June 1997. Power generation and heat are the main businesses of Jinkong Power. In the first half of 2023, the company completed the power generation of 21.222 billion kWh and the heat supply of 21.9736 million Ji Jiao.

  The semi-annual report of Jinkong Power in 2023 shows that the company achieved operating income of 10.295 billion yuan in the current period, up 10.45% year-on-year; The net profit attributable to shareholders of listed companies was 24,654,700 yuan, a year-on-year increase of 24.87%; The net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was 12.372 million yuan, a year-on-year increase of 173.48%, compared with a loss of 16.8364 million yuan in the same period of last year.

  On the other hand, the net cash flow generated by Jinkong Power’s current operating activities was-820 million yuan, down 239.68% year-on-year. The company explained that it was "mainly due to the increase in cash paid for goods and services during the reporting period."

  Yiling Pharmaceutical Co., Ltd.: The innovative drug G201-Na Capsule was approved for clinical trial, and its indication was hysteromyoma.

  On October 11th, Yiling Pharmaceutical announced that the company received the Notice of Approval for Clinical Trials of Drugs approved and issued by National Medical Products Administration on the same day, and the application for clinical trials of innovative drug G201-Na capsule met the relevant requirements of drug registration, and agreed to carry out clinical trials, and the application indication was hysteromyoma.

  According to the announcement, G201-Na is a new class 1 chemical drug developed by the company, and it is a new non-peptide oral small molecule GnRH receptor antagonist. In April, 2023, the company’s application for clinical trial of G201-Na capsule "Prostate cancer drug requiring androgen castration treatment" was approved by National Medical Products Administration. At present, this clinical trial is in progress.

  (Shenzhen Stock Exchange)

  Joy City: One new real estate project was added in the third quarter.

  () Announced that in the third quarter of 2023, the company added one new project. It is plot hk367-01 of North Bund Street, Hongkou District, Shanghai. The project is located in North Bund Street, Hongkou District, Shanghai, west of Baoding Road and north of Kunming Road. The land transfer area of this plot is 23,849.20 square meters, with a floor area of no more than 46,505.94 square meters, and the land use is residential land. The project was acquired through the open market equity acquisition of Shanghai Equity Exchange, and the price to be paid was about RMB 1.2 billion (the equity consideration was RMB 1.196 billion and the principal of creditor’s rights was RMB 4 million). Joy City Real Estate Co., Ltd., a holding subsidiary of the company, holds 100% rights and interests of the project.

  [Company] When Dio Home newly obtained two invention patents and its single-quarter operating performance improved,

  () It was announced that the subsidiary company had recently obtained two invention patent certificates issued by China National Intellectual Property Administration, the patent names of which were "A light glazed tile made of coal cinder and its preparation method" and "Cobalt-free black glaze and cobalt-free black glaze ceramics and their preparation method".

  Founded in 1994, Dio Home Furnishing Group Co., Ltd. is an enterprise specializing in the production of high-quality sanitary ware, and its brand is well-known at home and abroad. Products cover bathroom cabinets, toilets, bathtubs, showers, shower rooms, faucets and other all-round quality products. In 2016, imperial ware A-shares went public, and successfully joined hands with the well-known domestic ceramic enterprise Ou Shennuo to establish Dio Home Furnishing Co., Ltd., which officially entered the pan-home field.

  According to the semi-annual report disclosed by the company, in the first half of 2023, the company achieved revenue of 1.775 billion yuan, including ceramic tile income of 1.449 billion yuan and bathroom business income of 271 million yuan. Quarterly, the company’s performance improved significantly in the second quarter of this year, with operating income of 1.165 billion yuan in a single quarter reaching a new high in the last four quarters, nearly doubling that in the first quarter. The net profit attributable to the mother and the net profit after deduction turned from negative to positive, greatly improving year-on-year and quarter-on-quarter.

  Over the rainbow shares: Wulong Company reduced its shareholding by 2.8%, and the shareholding reduction expired.

  () Announcement was issued. As of October 10, 2023, the time limit of Wulong Company’s reduction plan has expired, and its total reduction is 32,655,700 shares, with a reduction ratio of 2.80%.

  Tianyin Electromechanical Co., Ltd. was reduced by 4,250,300 shares by shareholder Tianheng Investment.

  () Announcement: Recently, the company received the Notice Letter on the Change of Share Equity to 1% issued by Changshu Tianheng Investment Management Co., Ltd. (hereinafter referred to as "Tianheng Investment") and its concerted actors Zhao Yunwen and Changshu Hengtai Investment Co., Ltd. Tianheng Investment reduced its holdings of 4,250,300 shares from July 10, 2023 to October 9, 2023.

  Distribution of half-year rights and interests of Lingyizhi: 0.3 yuan and date of record will be distributed for every 10 shares on October 18th.

  () Announced that the company’s equity distribution plan for the first half of 2023 is: based on the existing total share capital of the company excluding the repurchased shares, 0.3 yuan RMB cash (including tax) will be distributed to all shareholders for every 10 shares. The date of record for this equity distribution is October 18, 2023, and the ex-dividend date is October 19, 2023.

  Saimo Intelligent and Good Luck United signed a strategic cooperation framework agreement on building a digital mine.

  () Announced that the company and Fujian Haoyunlian Information Technology Co., Ltd. ("Haoyunlian") recently signed the Strategic Cooperation Framework Agreement, and the two parties intend to jointly build and optimize green and intelligent digital mines, digital logistics and digital enterprises and other related services and products.

  This time, the two sides intend to cooperate in top-level planning, design, scientific research, technology and standardization of open-pit smart mines, and jointly create smart mine solutions including open-pit new energy transportation systems, such as jointly establishing a "5G+ open-pit new energy transportation" demonstration project; Planning to realize the digitalization of the whole mining area and continuous low-carbon production in the open air; Jointly study the digital operation and maintenance management norms of smart mines; Promote the construction of new energy transportation system in open pit mines.

  Within the scope of cooperation, the two sides established an agreement on information sharing, and market information should be reported to each other, so as to jointly expand the business of new energy mining vehicles and heavy trucks in open pit mines and expand their common market share.

  According to the announcement, the signing of this strategic cooperation framework agreement is in line with the company’s future strategic development plan. In the next step, based on its own ecological resources advantages in the field of intelligent manufacturing, the company will develop and promote key core products and technical solutions for electrification of mining cards and construction machinery and equipment, green electricity transportation and green digital transformation of logistics and transportation for selected scenarios, further enhancing the company’s core competitiveness in the field of smart energy.

  Xintian Technology repurchased 14,696,500 shares at a cost of 50,201,300 yuan.

  () Announcement: As of September 30, 2023, the company has repurchased 14,696,500 shares, accounting for 1.26% of the company’s total share capital. The total transaction amount is 50,201,300 yuan (excluding transaction costs).

  Longquan Co., Ltd. subsidiary pre-won the bid of 45.797 million yuan for related bidding and procurement projects.

  () Announcement: Recently, CNNC (Shanghai) Supply Chain Management Co., Ltd., a tendering agency, issued a public notice on the e-procurement platform of China National Nuclear Corporation, and determined that Wuxi Xinfeng Pipe Industry Co., Ltd. ("Xinfeng Pipe Industry"), a wholly-owned subsidiary of the company, was the first successful candidate for "Zhangzhou 34, Sanmen56, Jindian Project, Jiangsu Green Energy Project RCC-M2, Grade 3 Carbon Steel Pipe Fittings and Equipment Procurement Bid Section II". The tender offer is RMB 45.797 million, accounting for about 4.60% of the company’s audited operating income in 2022.

  Ruichen Environmental granted 1.017 million restricted shares at a price of 14.93 yuan per share.

  () Announcement: The conditions for the first grant of restricted shares stipulated in the Company’s Restricted Stock Incentive Plan 2023 (Draft) have been achieved, and October 11, 2023 is determined as the first grant date, and 1,017,000 restricted shares will be granted to 30 incentive targets at the grant price of 14.93 yuan/share.

  Sunflower Pharmaceutical: Ibuprofen Suspension Drops were accepted by the marketing license.

  () Announcement: Harbin Sunflower Pharmaceutical Co., Ltd. (hereinafter referred to as "Harbin Sunflower"), a wholly-owned subsidiary of the company, recently received the Notice of Acceptance on the application for registration and marketing license of ibuprofen suspension drops issued by National Medical Products Administration. The drug is suitable for reducing fever in infants and children and relieving mild headache, sore throat and toothache caused by colds and flu.

  Jianfan Bio bought back 5,958,200 shares at a cost of 133 million yuan.

  () Announcement: As of September 28, 2023, the company has repurchased 5,958,200 shares, accounting for 0.74% of the company’s total share capital, with a turnover of 133 million yuan (excluding transaction costs).

  Jinhe Industrial repurchased 4,352,800 shares at a cost of more than 100 million yuan.

  () Announcement: As of September 30, 2023, the company has repurchased 4,352,800 shares, accounting for 0.78% of the company’s current total share capital. The highest transaction price is 25.10 yuan/share, the lowest transaction price is 21.45 yuan/share, and the transaction amount exceeds 100 million yuan (excluding transaction costs).

  Saide Investment, the controlling shareholder of Qidi Design, intends to terminate the transfer of the agreement.

  () Announcement: Suzhou Side Investment Management Co., Ltd. (hereinafter referred to as "Side Investment"), the controlling shareholder of the company, intends to terminate the agreement with Zhongneng Huaan (Beijing) New Energy Technology Co., Ltd. (hereinafter referred to as "Zhongneng Huaan") to transfer the company’s shares (involving 34,777,500 shares).

  Leading Yizhi made every 10 shares in the first half of 2023 and sent 0.3 yuan date of record as October 18th.

  Ling Yizhou announced that the company’s half-year equity distribution implementation plan for 2023 is as follows: based on the total share capital of 6,990,533,700 shares, a cash dividend of 0.30 yuan will be distributed to all shareholders for every 10 shares, and a total cash dividend of 210 million yuan will be distributed, accounting for 16.8% of the net profit attributable to the mother in the same period. No bonus shares will be distributed, and no capital reserve will be converted into share capital.

  The distribution of rights and interests in date of record is October 18th, and the ex-dividend date is October 19th.

  According to the semi-annual performance report released by Lingyizhi in 2023, the company’s operating income was 15.289 billion yuan, a year-on-year increase of 3.27%; The net profit attributable to shareholders of listed companies was 1.248 billion yuan, a year-on-year increase of 159.29%; The basic earnings per share was 0.18 yuan, compared with 0.07 yuan in the same period last year.

  Guangdong Lingyizhi Manufacturing Co., Ltd. (formerly known as Guangdong Jiangfen Magnetic Materials Co., Ltd.) is mainly engaged in the production and sales of new electronic components, mobile phones and computer accessories. The main products are divided into five categories: die-cutting products, CNC products, stamping parts, fasteners and assembly products.

  (Source: Straight Flush iFinD)

  Pulit: Announcing the progress of share repurchase

  On the evening of October 11th, Shanghai () Composite Materials Co., Ltd. announced that by September 30th, 2023, the company had repurchased 5,287,100 shares by centralized bidding through the special securities account for share repurchase, accounting for 0.47% of the company’s total share capital. The highest transaction price was 14.18 yuan/share, the lowest transaction price was 12.66 yuan/share, and the total transaction amount paid was 70 yuan. The source of funds for the repurchase of shares is the company’s own funds, and the progress of the repurchase conforms to the requirements of laws and regulations and the repurchase plan. The company will continue to implement the repurchase plan and fulfill its information disclosure obligations as required.

  Zhongmi Holdings sends 5 yuan date of record for every 10 shares in half a year on October 19th.

  () It is announced that the company will distribute the rights and interests in the first half of 2023, and distribute 5 yuan and date of record to all shareholders for every 10 shares on October 19th.

  Gan Consulting’s subsidiary won the bid of 10.95 million yuan for related engineering survey and design projects.

  () Announced that Gansu Water Resources and Hydropower Survey and Design Institute Co., Ltd. ("Hydropower Design Institute"), a wholly-owned subsidiary of the company, recently received the bid-winning notice of "Survey and Design of High Efficiency Agricultural Irrigation Water Source Project in the North of Pingchuan District, Baiyin City, Gansu Province", and the bid-winning price was 10.95 million yuan.

  Haiyi Investment, the major shareholder of Hongxin Electronics, reduced its holdings by 4,884,100 shares, accounting for 1% of the total share capital.

  () It was announced that Xiamen Haiyi Investment Co., Ltd. (hereinafter referred to as "Haiyi Investment"), a shareholder holding more than 5% of the company’s shares, has reduced its holdings by a total of 4,884,100 shares, accounting for 1% of the company’s total share capital, with a reduction amount of 90,058,300 yuan.

  Sunflower Pharmaceutical: The application for marketing license of ibuprofen suspension drops was accepted.

  Sunflower Pharmaceutical announced on the evening of October 11th that Harbin Sunflower Pharmaceutical, a wholly-owned subsidiary, recently received the Notice of Acceptance issued by National Medical Products Administration on the application for registration and marketing license of ibuprofen suspension drops. Ibuprofen suspension drops are suitable for infants to reduce fever and relieve mild headache, sore throat and toothache caused by colds and flu.

  Saimo Intelligent: Signed a strategic cooperation framework agreement with Good Luck Lianlian Information Company.

  Saimo Intelligent announced on the evening of October 11th that the company and Fujian Haoyunlian Information Technology Co., Ltd. recently signed a strategic cooperation framework agreement, and the two parties intend to jointly build and optimize green and intelligent digital mines, digital logistics and digital enterprises and other related services and products.

  Zhongmi Holdings will send 5 yuan date of record for every 10 shares in the first half of 2023 on October 19th.

  Zhongmi Holdings announced that the company’s half-year equity distribution implementation plan for 2023 is as follows: based on the total share capital of 205,352,600 shares, a cash dividend of 5.00 yuan will be distributed to all shareholders for every 10 shares, and a total cash dividend of 103 million yuan will be distributed, accounting for 63.73% of the net profit attributable to the mother in the same period. No bonus shares will be distributed and no capital reserve will be converted into share capital.

  The distribution of rights and interests in date of record is October 19th, and the ex-dividend date is October 20th.

  According to the 2023 semi-annual performance report released by Zhongmi Holdings, the company’s operating income was 613 million yuan, a year-on-year increase of 6.94%; The net profit attributable to shareholders of listed companies was 161 million yuan, a year-on-year increase of 6.92%; The basic earnings per share was 0.79 yuan, compared with 0.73 yuan in the same period last year.

  Zhongmi Holding Co., Ltd. is mainly engaged in the design, research and development, manufacture and sales of various mechanical seals and their auxiliary (control) systems, and provides customers with all-round technical services such as technical consultation, technical training, on-site installation and maintenance. The company’s main products are mechanical seals, dry gas seals, rubber seals, mechanical seal auxiliary systems, seal product repair, spare parts and special valves. The company has cooperated with Sinopec, PetroChina, CNOOC, National Petroleum and Natural Gas Pipeline Network Group, National Energy Group, China () Group, China National Nuclear Corporation, China Guangdong Nuclear Power Group, () Group, China Communications Construction Group, Wanhua Group, Hengyi Group, Sany Group, as well as famous domestic and foreign OEMs Siemens, Shengu Group, Shaanxi Drum Group, Sulzer, Jia Park Jung Su Renyuan, Dalian Deep Blue and Beijing.

  (Source: Straight Flush iFinD)

  Longquan Co., Ltd.: The subsidiary won the bid of 45,796,700 yuan for the procurement of carbon steel pipe fittings and equipment.

  Longquan announced on the evening of October 11th that recently, Wuxi Xinfeng Pipe Industry Co., Ltd., a wholly-owned subsidiary of the company, was the first candidate to win the bid for "Zhangzhou 34, Sanmen 56, Jindian Project, Jiangsu Green Energy Project RCC-M2, Grade 3 Carbon Steel Pipe Fittings and Equipment Procurement Bid Section II", and the bid price was about 45.7967 million yuan, accounting for 4.6% of the company’s annual operating income in 2022.

  Yantian Port: The reorganization will be held in the near future.

  () Announcement, the company intends to purchase 100% equity of Shenzhen Yangang Port Operation Co., Ltd. from Shenzhen Port Group Co., Ltd. by issuing shares and paying cash, and raise matching funds.

  After the merger, acquisition and reorganization review committee of Shenzhen Stock Exchange has completed the relevant matters, it plans to review the issue of shares and the payment of cash to purchase assets and raise matching funds in the near future.

  Tianbang Food: Zhang Banghui, the controlling shareholder, handles the equity pledge.

  Securities Daily News On the evening of October 11th, () announced that Tianbang Food Co., Ltd. recently received a notice from Zhang Banghui, the controlling shareholder of the company (currently holding 369,700,885 shares of the company’s tradable shares, accounting for 20.10% of the company’s total share capital, including 301,301,614 shares with restricted sales conditions) about handling the equity pledge. The pledged shares are 10 million shares, accounting for 2.70% of its shares and 0.54% of the company’s total share capital. The start date of pledge is October 10, 2023, and the end date of pledge is until the pledgee handles the cancellation of pledge with China Securities Depository and Clearing Co., Ltd.

  Zhenhua Technology: Use some idle raised funds for cash management.

  On the evening of October 11th, () announced that China Zhenhua (Group) Technology Co., Ltd., at the 18th meeting of the 9th Board of Directors and 13th meeting of the 9th Board of Supervisors held on October 11th, 2023, deliberated and passed the Proposal on Using Part of Idle Raised Funds for Cash Management, and agreed that the company should use no more than 210 yuan without affecting the normal construction of raised funds investment projects and the raised funds investment plan.

  Accelerating the Internationalization Layout Guoxuan Hi-Tech plans to build a lithium battery production line in Illinois, USA.

  () Announcement, the company plans to build a lithium battery project in Illinois, USA, and entrusts a wholly-owned subsidiary, American Guoxuan, to sign relevant agreements with the Illinois government and other third parties. Source of funds: Cooperation and joint investment with third-party strategic investors. American Guoxuan signed the REV TAX CREDIT AGREEMENT with the Illinois government. The main content of the agreement is: Illinois will give tax subsidies to this project based on the REV Subsidy Act that was previously passed to subsidize new energy and tram enterprises.

  It is reported that the project aims to meet the growing demand of the new energy power and energy storage battery market in North America, deepen the cooperative relationship with long-term strategic customers, quickly realize the localized manufacturing capability, and further improve the company’s international layout. The project will focus on the battery manufacturing business, and at the same time realize local independent supply in conjunction with raw material suppliers in the region to meet the company’s future business development and market expansion needs.

  Gan Consulting: The subsidiary won the bid for the engineering survey and design project of 10.95 million yuan.

  Gan Consulting announced on the evening of October 11th that Gansu Provincial Water Resources and Hydropower Survey and Design Institute Co., Ltd., a wholly-owned subsidiary, recently received the bid-winning notice for the project "Survey and Design of High Efficiency Agricultural Irrigation Water Source Project in the North of Pingchuan District, Baiyin City, Gansu Province", with a bid price of 10.95 million yuan.

  Gaoxinxing Chuanglian, a subsidiary of Gaoxinxing Holdings, intends to apply for listing on the New Third Board.

  () Announcement: The Board of Directors and the Board of Supervisors of the Company reviewed and approved the Proposal on the Holding Subsidiary’s Application for Listing on the New Third Board, and agreed that Gaoxin Chuanglian, the holding subsidiary of the Company, applied for listing on the New Third Board.

  According to the announcement, Gaoxin Chuanglian is the core supplier of domestic railway rail transit industry, mainly engaged in railway train control, communication, video and Internet of Things and other related businesses.

  According to the announcement, this application for listing on the New Third Board will be conducive to further improving the corporate governance structure and standardized operation of Gaoxin Chuanglian, enhancing brand influence and enhancing core competitiveness.

  Guoxuan Hi-Tech: It is planned to build a lithium battery project in Illinois, USA.

  Guoxuan Hi-Tech announced on the evening of October 11th that in order to seize the development opportunity of North American new energy market, the company plans to invest in the construction of lithium battery production line project in Illinois, USA, and the specific amount will be determined according to the feasibility analysis and application and approval of the project. The company intends to entrust Gotion,Inc, a wholly-owned subsidiary of the company (hereinafter referred to as "American Guoxuan") to sign relevant agreements with the Illinois government and other third parties. Up to now, Guoxuan has completed the signing of the purchase agreement of real estate assets such as land and factory buildings for this project.

  113 million restricted shares of Huibo Yuntong will be listed and circulated on October 13th.

  () Announcement: The number of shares issued before the company’s initial public offering is 113 million shares, accounting for 28.2315% of the company’s total share capital, and the listing date is Friday, October 13, 2023.

  Puluo Pharmaceutical Co., Ltd.: The drug "Bupropion Hydrochloride Sustained Release Tablets (Ⅱ)" for the treatment of depression was approved for registration.

  () Announcement: Recently, Zhejiang Puluokangyu Pharmaceutical Co., Ltd., a holding subsidiary of the company, received the Drug Registration Certificate of bupropion hydrochloride sustained-release tablets (II) approved and issued by National Medical Products Administration. It is reported that bupropion hydrochloride sustained-release tablets (II) are used to treat depression. According to the data of Minenet, the terminal sales amount of bupropion in domestic urban public hospitals, urban communities, county-level public hospitals and township health centers in 2021 and 2022 was 72.65 million yuan and 90.08 million yuan respectively.

  Huali Chuangtong prompts the risk of speculation: stay away from extreme trends.

  () On the evening of October 11th, the announcement of stock trading changes said that on October 11th, the company’s stock turnover rate was 47.1%, which was relatively high. Investors should pay attention to the speculation risk in the secondary market. The company is concerned that some media and stock bars and other platforms involve hot concepts in the discussion of the company’s business and a few investors spread short-term speculation about the company’s stock price. The company reminds investors to adhere to the concept of value investment, not to follow speculative thinking and stay away from extreme market trends, so as to avoid the sharp rise and fall of stock prices and cause heavy losses to personal investment.

  Anke Innovation 60,675,300 restricted shares will be listed and circulated on October 13th.

  () Announced that the restricted shares listed and circulated this time are the shares issued before the initial public offering, and the number of restricted shares released this time is 243 million shares, accounting for 59.72% of the company’s total share capital; The actual number of shares that can be listed and circulated is 60,675,300 shares, accounting for 14.93% of the company’s total share capital. The listing date is October 13, 2023.

  Hanwang Technology: A conference will be held on the results of the large model stage of Hanwang Tiandi.

  () The announcement was made on the evening of October 11th, and the results conference of Hanwang Tiandi big model stage will be held on October 12th. In addition to the staged achievements of "Hanwang Tiandi Big Model", the new series N10 of Hanwang Electronic Paper with "Hanwang Tiandi Big Model" will also be released simultaneously.

  The first phase of the new high-efficiency battery project with an annual output of 12GW, a wholly-owned subsidiary of Hengdian Dongci, was put into operation.

  Hengdian Dongci announced that the first phase of the 6GW new high-efficiency battery production line of the company’s wholly-owned subsidiary with an annual output of 12GW new high-efficiency battery project has been completed and gradually put into production. The company said that with the gradual release of new production capacity, it will promote the company’s photovoltaic industry to reduce costs and increase efficiency, enhance the production scale of new high-efficiency batteries, further enhance market competitiveness and profitability, and thus enhance the development potential of the company’s photovoltaic industry.

  Changyuan Power: In the third quarter, the accumulated power generation was 8.713 billion kWh, a year-on-year decrease of 18.2%.

  () Announcement was issued. From July 1 to September 30, 2023, the power generation enterprises affiliated to the company completed a total of 8.713 billion kWh of power generation and 8.246 billion kWh of on-grid electricity, down by 18.2% and 17.95% respectively compared with the same period of last year. The main reason for the decline is that in the third quarter of 2023, the growth rate of electricity consumption in the province declined, hydropower and new energy were issued, and the space for thermal power generation was reduced. The company’s thermal power installed capacity accounted for a relatively large proportion, and power generation decreased year-on-year.

  Huali Chuangtong reminds the risk that you should not follow speculative thinking.

  Beijing business today News (Reporter Ma Huanhuan) On the evening of October 11th, the demon stock Huali Chuangtong disclosed the abnormal fluctuation of stock trading and the risk warning announcement, saying that on October 11th, the company’s stock turnover rate was 47.1%, with a high turnover rate. The company reminded investors to adhere to the value investment concept, and not to follow speculative thinking and stay away from extreme market trends, so as to avoid the sharp rise and fall of the stock price and cause heavy losses to personal investment.

  Huali Chuangtong said that the company was concerned that some media and stock bars and other platforms involved hot concepts in the discussion of the company’s business and that a few investors spread short-term speculation about the company’s stock price. As of October 11th, 2023, the company’s share price deviated greatly from the Growth Enterprise Market Composite Index in the same period, which was higher than the increase of companies in the same industry in the same period. Investors are requested to fully understand the trading risks in the secondary market, make prudent decisions and make rational investments.

  In the secondary market, Huali Chuangtong’s share price rose sharply recently. According to statistics, during the 26 trading days from August 29th to October 11th, the cumulative increase of the company’s range reached 221.45%.

  Puluo Pharmaceutical: Obtained bupropion hydrochloride sustained-release tablets (II) and obtained drug registration certificate.

  On the evening of October 11th, Puluo Pharmaceutical announced that Zhejiang Puluo Kangyu Pharmaceutical, a holding subsidiary, had received the Drug Registration Certificate of Bupropion Hydrochloride Sustained-release Tablets (II) approved and issued by National Medical Products Administration. Bupropion hydrochloride sustained-release tablets (II) are used for treating depression.

  () Carry out strategic cooperation with Omir to promote R&D and mass production of lightweight subframe and high-efficiency electric scroll compressor.

  Xiling Power announced that the company signed the Memorandum of Strategic Cooperation Framework with Ben Omir Holding Group Co., Ltd. (referred to as "Ben Omir") on October 9, 2023, and plans to set up a joint venture company to invest 700 million yuan to develop new energy vehicle parts-lightweight subframe and high-efficiency electric scroll compressor; After the successful development of the above-mentioned projects, relevant production lines will be built, with an estimated annual output of 2 million sets of lightweight sub-frames and 500,000 sets of high-efficiency electric scroll compressors for automobiles. In the future, Ben Omir will cooperate with the Company as a strategic investor, including but not limited to subscription of private placement shares and project cooperation.

  According to the announcement, the company’s strategic cooperation with Ben Omir is in line with the company’s strategic development plan, which is conducive to promoting the research and development and mass production of new products such as lightweight sub-frames of new energy automobile parts and high-efficiency electric scroll compressors, and promoting the further optimization of the company’s product structure and the development of overseas markets.

  Hengmingda’s application for fixed shares was approved by Shenzhen Stock Exchange.

  () Announcement: On October 11, 2023, the company received the Letter of Opinions of the Audit Center on Suzhou Hengmingda Electronic Technology Co., Ltd. applying to issue shares to a specific object issued by Shenzhen Stock Exchange. The application documents of the company to issue shares to a specific object were reviewed by the audit institution of Shenzhen Stock Exchange, and it was considered that the company met the issuance conditions, listing conditions and information disclosure requirements. The specific audit opinions were subject to the Letter of Opinions of the Audit Center, and the subsequent Shenzhen Stock Exchange will report to China Securities Supervision and Administration as required.

  () Award 2 million reserved restricted shares to 29 incentive objects at a grant price of 3.93 yuan/share.

  I really miss your announcement. The conditions for granting reserved restricted shares stipulated in the company’s restricted stock incentive plan for 2023 have been achieved. On October 11th, 2023, the company convened the 14th meeting of the 5th Board of Directors and the 12th meeting of the 5th Board of Supervisors, which deliberated and passed the Proposal on Granting Reserved Restricted Shares to the incentive targets of the restricted stock incentive plan for 2023, and agreed to grant 2 million reserved restricted shares to 29 incentive targets at a grant price of RMB 3.93 per share.

  Harmo Science and Technology granted 9.232 million restricted shares at a price of 3.16 yuan/share.

  () Announcement: The conditions for the first grant of Class I restricted shares stipulated in the "Harmo Science and Technology (Group) Co., Ltd. Restricted Stock Incentive Plan 2023 (Draft)" have been achieved. The company decided to take October 11, 2023 as the first grant date of the incentive plan and grant 9,232,000 restricted shares to 55 incentive objects meeting the conditions for the first grant at a grant price of 3.16 yuan/share.

  BBK: Nine subsidiaries, including Chenzhou BBK, applied for reorganization.

  () Issue an announcement, in order to simultaneously resolve the business crisis and debt risk, preserve the operating value of the company to the greatest extent, and fully protect the legitimate rights and interests of all creditors. Chenzhou BBK Investment Co., Ltd., Zhuzhou BBK Supermarket Co., Ltd., Hunan Hailong Supply Chain Management Service Co., Ltd., Changsha BBK Xingcheng Tiandi Commercial Management Co., Ltd., Hunan Teng Wan Li Supply Chain Management Co., Ltd., Liuzhou Nancheng Department Store Co., Ltd., Guilin Nancheng Department Store Co., Ltd., Luzhou BBK Yitong Commercial Co., Ltd. and Ganzhou BBK Fengda Commercial Co., Ltd. (hereinafter collectively referred to as "nine subsidiaries such as Chenzhou BBK") filed a reorganization application with the court on October 10, 2023

  For example, nine subsidiaries, such as Chenzhou BBK, can implement restructuring and coordinate restructuring with BBK shares, make overall use of debt repayment resources to restructure debts, and revitalize assets and improve operating conditions by introducing investors to inject incremental resources, which can maximize the company’s core operating value and comprehensively resolve debts and operating risks. In view of the fact that there are still uncertainties about whether the nine subsidiaries such as Chenzhou BBK can be accepted by the court and whether they will enter the reorganization procedure, the specific impact on the company can only be determined after the reorganization plan is clear.

  Rong Sheng Petrochemical Co., Ltd.: The amount of repurchased company shares (Phase III) reached 1 billion yuan.

  () Announcement was issued. As of October 11th, 2023, the company repurchased 82,534,700 shares of the company in the third phase through the special securities account, accounting for 0.8151% of the company’s total share capital. The highest transaction price was 12.70 yuan/share, the lowest transaction price was 11.73 yuan/share, and the total transaction amount was 1.011 billion yuan (excluding transaction fees). This time, the company used its own or self-raised funds to buy back the company’s shares. At present, the total amount of repurchase funds has reached the lower limit of 1 billion yuan.

  A total of 9,271,800 shares were repurchased by Potassium Sulphate International at a cost of 220 million yuan.

  () Announcement: As of September 30, 2023, the company has repurchased 9,271,800 shares, accounting for 0.9979% of the company’s current total share capital. The highest transaction price is 24.85 yuan/share, the lowest transaction price is 2.225 yuan/share, and the total payment amount is 220 million yuan (excluding transaction costs).

  Seymour Intelligent signed a strategic cooperation framework agreement with Good Luck United Information Company.

  Saimo Intelligent announced that the company and Fujian Haoyun Lianlian Information Technology Co., Ltd. recently signed the Strategic Cooperation Framework Agreement, and the two parties intend to jointly build and optimize green and intelligent digital mines, digital logistics and digital enterprises and other related services and products.

  Guoxuan Hi-Tech plans to build a lithium battery project in Illinois, USA.

  Guoxuan Hi-Tech announced that the company plans to build a lithium battery project in Illinois, USA, and entrusted Guoxuan, a wholly-owned subsidiary of the company, to sign relevant agreements with the Illinois government and other third parties. The specific investment amount of the project will be determined according to the feasibility analysis and application and approval of the project. As of the date of announcement, Guoxuan has completed the signing of the purchase agreement of real estate assets such as land and factory buildings for this project.

  Zhongjin Irradiation: It is planned to invest in Hefei and Changsha Comprehensive Sterilization Technology Center Project.

  () On the evening of October 11th, it was announced that the company planned to invest in the project of Hefei Comprehensive Sterilization Technology Center irradiated by gold in Hefei High-tech Industrial Development Zone, mainly engaged in radiation sterilization, cleaning and disinfection of reusable medical devices modified by polymer materials and electronic components, washing of medical soft devices and linen, personnel training and technology research and development. The investment of the project is 215 million yuan during the construction period, 185 million yuan during the operation period, and the total investment of the project is about 400 million yuan. At the same time, the company plans to invest in the project of Zhongjin Irradiation Changsha Sterilization Technology Center in Ningxiang Economic and Technological Development Zone, with a total investment of about 400 million yuan.

  Kaineng Health acquired 12.87% equity of Yuanneng Group for RMB 267 million.

  Beijing News (Reporter Wang Kara) On October 11th, Kaineng Health announced that it had acquired 12.87% equity of Yuanneng Cell Technology Group Co., Ltd. (referred to as "Yuanneng Group") held by Shanghai Senlu and Shanghai Senba for 267 million yuan. After the completion of this acquisition, the proportion of shares held by Kaineng Health in the original energy group increased from 23.65% to 36.52%, and the original energy group remained its shareholding company.

  Yuanneng Group, a shareholding company of Kaineng Health, was founded on July 16, 2014. It is mainly engaged in the research, development, production and sales of third-party storage services around cell cryopreservation, research and production of cell drugs, research and development of cell preparations, research and development of cytokine cosmetics and related automatic storage equipment. It is committed to solving the pain points and problems in the big health industry and has laid out related core enterprises and businesses. In 2022 and the first half of 2023, the revenue of the original energy group was 151 million yuan and 87.8908 million yuan respectively; The net profit was-32,208,100 yuan and 29,945,900 yuan respectively.

  Yuanneng Group is an important part of Kaineng’s healthy layout and big health industry development. Up to now, Kaineng Health holds 23.6507% of its shares.

  Kaineng Health said that the original energy group achieved breakeven and showed a good development momentum. The original energy group’s industry situation and its own layout are very good. At the initial stage of its establishment, it plans to plan the overall IPO listing, and it has gradually changed into cultivating the cell industry ecosystem. Under the guidance of the actual controller, the relevant business segments hire professional teams. After the business model is mature, it can plan to go public independently and introduce PE funds to accelerate. Based on the dual-energy drive development of Kaineng Health, the grand strategic layout of the health industry is strengthened, and Kaineng Health is willing to acquire the equity of Yuanneng Group.

  Whereas qu jianguo, the controlling shareholder, actual controller and chairman of Kaineng Health, is the controlling shareholder and executive director of Shanghai Senlu and Shanghai Senba Executive Partner Gaosen Fund, and Zhou Bin, Chairman of the Board of Supervisors, is the shareholder and general manager of Gaosen Fund, this equity acquisition constitutes a connected transaction.

  Gansu Nenghua: Capital increase of Jingmei Company, a wholly-owned subsidiary, with some assets of Jingyuan Mining Area.

  Gansu Nenghua announced on the evening of October 11th that in order to improve the efficiency of asset operation, the company plans to increase the capital of Jingmei Company, a wholly-owned subsidiary, with some assets of Jingyuan Mining Area. The total assets to be used for capital contribution this time are about 12.715 billion yuan, the total liabilities are about 5.766 billion yuan, and the owner’s equity is about 6.949 billion yuan. After the capital increase is completed, the company still holds 100% equity of Jingmei Company.

  The total investment of the project of Hefei Comprehensive Sterilization Technology Center to be invested by Zhongjin Irradiation is about 400 million yuan.

  Zhongjin Irradiation Announcement, the company signed the Investment Cooperation Agreement with the Investment Promotion Bureau of Hefei High-tech Industrial Development Zone, and plans to invest in the construction of the Hefei Comprehensive Sterilization Technology Center Project of Zhongjin Irradiation in Hefei High-tech Industrial Development Zone, mainly engaged in irradiation sterilization, modification of polymer materials and electronic components, cleaning and disinfection of reusable medical devices, medical soft devices and linen washing, personnel training and technology research and development. The total investment of the project (including the construction period) is about 400 million yuan.

  It is reported that after the completion of the project, the annual production capacity can irradiate 150,000 cubic meters of products, and at the same time, it can meet the supply of disinfection and sterilization services for 15,000 beds of surgical hard instruments and soft instruments in medical institutions.

  () Pre-bid for the integrated service of investment, construction and operation of the organic waste resource comprehensive treatment center in Tongzhou District, Beijing.

  Langkun Environment released an announcement. Recently, Beijing Engineering Construction Trading Information Network released the "Announcement of Successful Candidates for the Construction of Integrated Services for Investment, Construction and Operation of Tongzhou District Organic Waste Resource Comprehensive Treatment Center". The company is the successful candidate for the above-mentioned projects, with a total investment of about 1.678 billion yuan, of which the general contracting cost of construction is 1.34 billion yuan.

  The company is a leading enterprise in the field of organic solid waste treatment in China. The bid-winning integrated service project of investment, construction and operation of the organic waste comprehensive treatment center in Tongzhou District of Beijing is another major benchmark project of the company following Shenzhen, Guangzhou and Zhongshan, and it is an important symbol of the further expansion and extension of the comprehensive treatment business of organic solid waste on the basis of the original vast territory, which will have a positive impact on the company’s future business performance and will not affect the company’s operational independence.

  Yingtong Communication’s wholly-owned subsidiary obtained the invention patent certificate.

  On the evening of October 11th, () announced that Dongguan Kailai Electronics Co., Ltd. and Dongguan Yingtong Wire Co., Ltd., wholly-owned subsidiaries of Yingtong Communication Co., Ltd., recently obtained an invention patent certificate issued by China National Intellectual Property Administration (patent number: ZL201811264557.0). The patent name of this invention is "An Air Pressure Protection Device for Preventing Glue Backflow", and the inventors are Song Minghua, Zuo Guiming, You Kaikai and Dong Wang. The announcement date of authorization is October 10, 2023, and the patent right period is 20 years from the application date.

  () It is proposed to withdraw from the 25.81% equity of Huai ‘an Aoyang Shunchang by capital reduction, with a capital reduction consideration of 520 million yuan.

  Mulinsen announced that according to the company’s strategic development needs, in order to further optimize the company’s resource allocation and capital use arrangements and improve the efficiency of capital use, the company plans to withdraw from the 25.81% equity of Huai ‘an Aoyang Shunchang Optoelectronic Technology Co., Ltd. with a capital reduction consideration of 520 million yuan through directional capital reduction. After the capital reduction is completed, the company will no longer hold the equity of Huai ‘an Aoyang Shunchang.

  CICC Irradiation plans to build Changsha Sterilization Technology Center with Chutian Technology with a total investment of about 400 million yuan.

  According to the announcement of Zhongjin Irradiation, the company signed the Contract for the Project of Zhongjin Irradiation Changsha Sterilization Technology Center to Settle in the National Ningxiang Economic and Technological Development Zone with the Management Committee of Ningxiang Economic and Technological Development Zone and () Co., Ltd. ("Chutian Technology", 300358.SZ), and plans to invest in the project of Zhongjin Irradiation Changsha Sterilization Technology Center in Ningxiang Economic and Technological Development Zone. The total investment of the project (including the construction period) is about 400 million yuan.

  According to the announcement, the company plans to jointly establish a joint venture company with Chutian Technology in Ningxiang Economic and Technological Development Zone as the main body of the project implementation. The name of the joint venture company is planned to be Zhongjin Health Technology (Changsha) Co., Ltd., with a registered capital of 80 million yuan, of which Zhongjin Irradiation holds 91% of the shares, with a capital contribution of 72.8 million yuan; Chutian Technology holds 9% of the shares with a capital contribution of 7.2 million yuan.

  CICC Irradiation plans to build Changsha Sterilization Technology Center with Chutian Technology with a total investment of about 400 million yuan.

  Announcement of Zhongjin Irradiation, the company signed the Contract for the Project of Zhongjin Irradiation Changsha Sterilization Technology Center to Settle in the National Ningxiang Economic and Technological Development Zone with the Management Committee of Ningxiang Economic and Technological Development Zone and Chutian Technology Co., Ltd. ("Chutian Technology", 300358.SZ), and plans to invest in the project of Zhongjin Irradiation Changsha Sterilization Technology Center in Ningxiang Economic and Technological Development Zone. The total investment of the project (including the construction period) is about 400 million yuan.

  According to the announcement, the company plans to jointly establish a joint venture company with Chutian Technology in Ningxiang Economic and Technological Development Zone as the main body of the project implementation. The name of the joint venture company is planned to be Zhongjin Health Technology (Changsha) Co., Ltd., with a registered capital of 80 million yuan, of which Zhongjin Irradiation holds 91% of the shares, with a capital contribution of 72.8 million yuan; Chutian Technology holds 9% of the shares with a capital contribution of 7.2 million yuan.

  Sophia’s application to issue shares to a specific target was approved by Shenzhen Stock Exchange.

  () Announcement was issued. On October 11, 2023, the company received the Letter of Opinions of the Audit Center on Sophia Home Furnishing Co., Ltd. applying for issuing shares to specific targets issued by the Listing Audit Center of Shenzhen Stock Exchange. The listing audit institution of Shenzhen Stock Exchange has audited the application documents for the company to issue shares to a specific target, and found that the company meets the requirements for issuance, listing and information disclosure. Subsequently, Shenzhen Stock Exchange will report to China Securities Regulatory Commission for relevant registration procedures as required.

  The issue of the company’s shares to a specific target needs to be approved by the China Securities Regulatory Commission before it can be implemented. There is still uncertainty about whether or not the China Securities Regulatory Commission can finally approve the registration decision and its time.

  BBK: Nine subsidiaries, including BBK Chenzhou, have applied to the court for reorganization.

  BBK announced on the evening of October 11th that in order to simultaneously resolve the business crisis and debt risk and preserve the company’s operational value to the greatest extent, The wholly-owned subsidiaries of the company, Chenzhou BBK Investment Co., Ltd., Zhuzhou BBK Supermarket Co., Ltd., Hunan Hailong Supply Chain Management Service Co., Ltd., Changsha BBK Xingcheng Tiandi Commercial Management Co., Ltd., Hunan Teng Wan Li Supply Chain Management Co., Ltd., Liuzhou Nancheng Department Store Co., Ltd., Guilin Nancheng Department Store Co., Ltd., Luzhou BBK Yitong Commercial Co., Ltd. and Ganzhou BBK Fengda Commercial Co., Ltd. (collectively referred to as "nine subsidiaries such as Chenzhou BBK") filed reorganization applications with the court on October Whether the reorganization application can be accepted by the court and whether it will enter the reorganization procedure is still uncertain.

  Langkun Environment: Pre-bid for Tongzhou District Organic Waste Resource Comprehensive Treatment Center Project.

  Langkun Environment announced on the evening of October 11th that recently, Beijing Engineering Construction Trading Information Network released the "Announcement of Successful Candidates for the Construction of Integrated Services for Investment, Construction and Operation of Organic Waste Resource Comprehensive Treatment Center in Tongzhou District", and the company was the successful candidate for this project, with a total investment of about 1.678 billion yuan, of which the total construction contract cost was 1.34 billion yuan.

  Guangdian Express intends to transfer 72% equity of Digital Finance Innovation Institute, focusing on the main business development.

  Guangdian Express announced that in order to better focus on the development of its main business, the company plans to transfer 72% equity of Digital Finance Innovation Institute to Guangzhou Radio Group Co., Ltd. ("Radio Group"), and the transfer price is 18 million yuan based on the evaluation results. After the completion of this equity transfer, the company no longer holds the equity of Digital Finance Innovation Institute.

  Zhu Song Zhao Weixing, CEO of Hualin Securities, resigned for personal reasons.

  () It was announced that Zhao Weixing applied to resign as CEO and chairman of the Executive Committee for personal reasons, and Guan Xiaobin, the company’s chief financial officer and chief risk officer, resigned for personal reasons. The board of directors decided to hire Zhu Song as CEO and chairman of the Executive Committee and concurrently serve as the company’s chief financial officer. At the same time, Zhang Dawei, the compliance director, was appointed as the chief risk officer. Hualin Securities said that during his tenure, Zhao Weixing actively promoted the transformation of the company’s technology and finance, and the board of directors of the company expressed heartfelt thanks for his contribution. According to the resume, Zhu Song, the new CEO, was born in 1978 and has more than 20 years of practical experience in the management of financial institutions. He has worked in ICBC, Pudong Development Bank, Dongzheng Futures, Oriental Financial Holdings, (), etc., participated in the preparation of the precious metals business department of ICBC Head Office and took the lead in preparing the asset management department of Pudong Development Bank, and formed a professional market judgment and exhibition concept among various assets.

  Haichen Holdings Sun Company plans to acquire 100% equity of Kunshan Mengli to strengthen its business capability in the field of automation.

  () Announcement: Jiangsu Haikunmeng Intelligent Technology Co., Ltd. (hereinafter referred to as "Haikunmeng"), the holding company of the company, plans to acquire 100% equity of Mengli Automation (Kunshan Mengli) Co., Ltd. (hereinafter referred to as "Kunshan Mengli") with its own funds in cash at a purchase price of 180 million yuan (including tax). After the acquisition is completed, Kunshan Mengli will become the holding company of the company and be included in the scope of the company’s consolidated statements.

  According to the announcement, the target company is one of the representative enterprises in the field of intelligent automation. It has rich technical accumulation in the field of automation equipment and integration, and has long served the head customers in the fields of semiconductors, panels, smart factories and intelligent logistics at home and abroad. It can provide customers with smart factories and automation solutions, and has a good product reputation and brand reputation.

  It is reported that this acquisition of the target company will help to further strengthen the business capability and technical level of Haichen Co., Ltd. in the field of automation. In the future, it will be able to provide automation equipment and integration services to advanced manufacturing customers in a wider range of fields, including semiconductor and photoelectric panels, which will have a good synergy with the company’s original automation business and further enhance the company’s core competitiveness in this field.

  Haichen shares: The holding company plans to acquire 100% equity of Kunshan Mengli for 180 million yuan.

  Haichen announced on the evening of October 11th that in order to speed up the company’s automation business, Jiangsu Haikunmeng Intelligent Technology Co., Ltd., the holding sun company, plans to acquire 100% equity of Mengli Automation (Kunshan Mengli) Co., Ltd. (hereinafter referred to as "Kunshan Mengli") in cash at a purchase price of 180 million yuan. Kunshan Mengli has rich technical accumulation in the field of automation equipment and integration, and has long served the leading customers in the fields of semiconductors, panels, smart factories and intelligent logistics at home and abroad, and can provide customers with smart factories and automation solutions.

  Haichen shares hired Li Shipeng as the chief scientist.

  Haichen shares announced that the company recently hired Academician Li Shipeng as the company’s chief scientist.

  Xiling Power: Signed a Memorandum of Strategic Cooperation Framework with Ben Omir.

  Xiling Power announced on the evening of October 11th that the company signed the Memorandum of Strategic Cooperation Framework with Ben Omir Holding Group Co., Ltd. (referred to as "Ben Omir") on October 9th, and plans to set up a joint venture company to invest 700 million yuan to develop new energy automobile parts-lightweight subframe and high-efficiency electric scroll compressor; After the successful development of the above-mentioned projects, relevant production lines will be built, with an estimated annual output of 2 million sets of lightweight sub-frames and 500,000 sets of high-efficiency electric scroll compressors for automobiles. In the future, Ben Omir will cooperate with the company as a strategic investor, including subscription of private placement shares and project cooperation. The company’s strategic cooperation with Ben Omir is conducive to further optimizing the company’s product structure and opening up overseas markets.

  Xuan Ya International Limited Stock Application was approved by Shenzhen Stock Exchange.

  () Announcement: On October 11, 2023, the company received the Letter of Opinions from the Audit Center of Xuan Ya International Marketing Technology (Beijing) Co., Ltd. on the application for issuing shares to specific targets, which was issued by the Audit Center of Shenzhen Stock Exchange. The audit institution for the issuance and listing of Shenzhen Stock Exchange has audited the application documents for the company to issue shares to a specific target, and found that the company meets the requirements for issuance, listing and information disclosure. Subsequently, Shenzhen Stock Exchange will report to China Securities Regulatory Commission for relevant registration procedures as required.

  Luxin Capital, the major shareholder of Sanyuan Bio, reduced its shareholding by 3.35% at the expiration of the reduction period.

  () Announcement: Luxin Capital, a shareholder holding more than 5% of the company’s shares, has reduced its holdings by 6.78 million shares, accounting for 3.351% of the total share capital.

  OCT plans to sell the hotel series assets of Shanghai Suhewan Project.

  The Beijing News (Reporter Zhang Jian) On October 11th, OCT (Asia) Holdings Co., Ltd. announced that OCT Shanghai Land, an indirect subsidiary, plans to sell some assets of the Shanghai Suhewan project through public listing on the Beijing Equity Exchange.

  According to the announcement, the above-mentioned sales assets are a series of assets of Suhewan Project Hotel, located at No.5–8, No.11 and No.16–18, Lane 108, Shanxi North Road, Jing ‘an District, Shanghai; No.96, 98, 112, 116, 120 and 126 North Shanxi Road; No.673, 677 and 681 Tiantong Road; No.17 and No.23, North Henan Road; 1-3 floors and basement corridor of No.33, 39 and 51 North Henan Road; Floor 1-2, No.468 North Suzhou Road, with a building area of about 23,200 square meters. In addition, there are 6924.68 square meters of hotel facilities and supporting rooms on the 1st and 2nd floors underground of T1 building, and 5128.80 square meters of 88 underground parking spaces.

  According to the announcement, the reserve price of the above-mentioned target is not less than 2.43 billion yuan. Assuming that the proposed sale is completed at the lowest price, OCT is expected to generate revenue of about 57 million yuan.

  Fudan Fuhua plans to sell real estate in the core area of Shanghai for 31.05 million yuan.

  On the evening of October 11th, Shanghai () Technology Co., Ltd. (hereinafter referred to as "Fudan Fuhua") announced that its wholly-owned subsidiary, Shanghai Krupp Control System Co., Ltd. (hereinafter referred to as "Krupp"), planned to sell the real estate in the core area of Shanghai with an estimated value of 31,053,100 yuan.

  Fudan Fuhua said that the sale of real estate meets the needs of the company’s production and operation development, can revitalize the company’s assets, effectively withdraw funds, has a positive impact on the company’s financial situation, has no adverse impact on the company’s normal production and operation, and is in the interest of all shareholders and the company.

  According to the announcement, upon appraisal, the office real estate in Rooms 2006 and 2007, No.333 Huaihai Middle Road, Huangpu District (with a total construction area of 4,487.3 square meters) entrusted by Krupp has a book value of 7,652,600 yuan on the benchmark date and an appraised value of 31,053,100 yuan.

  "Some non-real estate listed companies hold some real estate projects, and selling more at this time is to focus their funds and energy on the main business. The behavior of such enterprises also represents the mentality of many real estate companies. Now the real estate industry is facing adjustment, and listed companies are also worried about the market outlook. " Yan Yuejin, research director of Yiju Research Institute, told the Securities Daily reporter.

  In addition, from the financial data, Fudan Fuhua’s performance pressure is not small. In the first half of 2023, the operating income of Fudan Fuhua decreased by 6.43% year-on-year, and the net profit loss attributable to shareholders of listed companies was about 17.18 million yuan.

  In addition to Fudan Fuhua, () announced on the evening of September 15th that the company intends to apply to Beijing Equity Exchange to re-list the 100% equity project of Shunxin Jiayu, and adjust the transfer reserve price to 2.789 billion yuan. As a wholly owned subsidiary of Shunxin Agriculture, Shunxin Jiayu’s main business is real estate development.

  On September 20th, () announced that it planned to publicly list and sell its 20 real estates in Contemporary International Plaza, No.177 Dongchang Road, Liaocheng Economic Development Zone, Shandong Province, with an estimated value of 12,444,300 yuan in the Property Rights Exchange Center.

  Guangdian Express intends to list and transfer the equity of two subsidiaries, saying that it is beneficial to withdraw funds and focus on the main business.

  On the evening of October 11th, Guangdian Express issued two announcements about the transfer of the equity of subsidiaries. One was to publicly list and transfer the 51% equity of Jiangsu Huitong Jinke Data Co., Ltd. (hereinafter referred to as "Huitong Jinke"), and the total listing and transfer price was not less than about 181.1 million yuan. Second, the company intends to transfer 72% equity of Digital Finance Innovation Institute to Guangzhou Radio Group Co., Ltd. (hereinafter referred to as "Radio Group") at a transfer price of 18 million yuan.

  "The equity transfer of the two subsidiaries is conducive to the company’s capital withdrawal and better focus on the development of its main business." A related person from the Board of Directors of Radio and Television Express told the Securities Daily reporter.

  Proposed transfer of two subsidiaries

  According to public information, Guangdian Express’s main business covers the fields of intelligent finance, transportation, public safety, government affairs and convenience, large-scale travel, new retail, etc. It is a leading provider of artificial intelligence solutions in China.

  It is reported that in 2016, Guangdian Express used its own funds to subscribe for about 52.04 million shares of Huitong Jinke by issuing shares in a targeted way. The subscription price per share was 3.2 yuan, and the subscription amount was about 166.5 million yuan. In total, it held 51% equity of Huitong Jinke, became its controlling shareholder, and cut into the outsourcing service business of bank call center. According to public information, the net profit of Huitong Jinke in the first half of 2023 was 7,037,500 yuan.

  Guangdian Express believes that since the acquisition, Huitong Jinke’s performance has continuously failed to meet expectations, and its bank call center outsourcing service business has little correlation with the company’s artificial intelligence high-tech main business. Therefore, equity transfer is conducive to withdrawing funds and better focusing on the main business.

  At the same time, in 2021, Guangdian Express and Guangzhou Urban Renewal Group Co., Ltd. and other five companies jointly funded the establishment of Digital Finance Innovation Institute with a registered capital of 50 million yuan, of which Guangdian Express contributed 36 million yuan with its own funds, accounting for 72% of the registered capital. Digital Finance Innovation Institute paid in registered capital of 25 million yuan for the first time, of which the company paid in 18 million yuan in the first phase.

  "The above-mentioned equity transfer will help to give full play to the resource advantages of the digital finance industry of Radio Group and better enhance the strategic value of the Digital Finance Innovation Institute; At the same time, it is conducive to the company to realize the return of funds and better focus on the development of its main business. " Guangdian Express said.

  Layout model and payment service

  According to the record of investor relations activities of Radio and Television Express, the company has continuously strengthened its digital technology capabilities, released aiCoreSystemV3.0, built a big model of the industry "Wangdao", created a new paradigm of AI+ scenarios, boosted the "last mile" of the big model industry, and provided strong AI capability support and intelligent solutions for smart government, smart banking, smart auditing, smart state-owned assets and other business fields.

  In addition, Guangdian Express previously acquired 90.01% equity of CICC for 266 million yuan to pay for the business and further strengthen the company’s layout in the fields of banking and government financial technology.

  "Guangdian Express has obtained a third-party payment license by acquisition. CICC Payment has accumulated profound experience in the field of B2B payment, has the multi-scenario comprehensive payment capability of Internet payment product line, and has formed a unique industrial chain comprehensive payment product system. After the company’s acquisition is completed, it will be able to provide customers with capital payment solutions, further realizing the data closed loop in various scenarios and platforms. " Xia Qingying, a researcher in the computer industry of Wanlian Securities, told the Securities Daily reporter.

  "In the domestic financial market, the company continued to consolidate the leading edge of smart equipment business, and seized opportunities such as financial innovation, digital RMB promotion, and intelligent outlets to further enhance market share; In overseas markets, the company will increase the expansion of innovative businesses such as smart retail and smart buildings, and promote mature financial technology innovation solutions in the global market. " The relevant person of the above-mentioned Guangdian Express Secretary Office said.

  In the event of fixed increase, the actual controller who promised the subscriber the guaranteed income was warned.

  On the evening of October 11th, Jingu Co., Ltd. issued an announcement. On October 10th, the controlling shareholders, actual controllers Sun Fengfeng, Sun Jinguo and Sun Liqun (hereinafter referred to as "actual controllers") received the Decision on Taking Measures to Issue Warning Letters to Sun Fengfeng, Sun Jinguo and Sun Liqun issued by Zhejiang Supervision Bureau of China Securities Regulatory Commission.

  The announcement shows that during the non-public offering of shares by Jingu in 2017, the actual controller signed relevant agreements with the subscribers of non-public offering of shares such as Jiutai Fund Management Co., Ltd., and agreed to guarantee the bottom income.

  Regarding the above-mentioned behaviors, many insiders told the Securities Daily reporter that the matters that the subscribers agreed to guarantee the guaranteed income should be submitted to the shareholders’ meeting for consideration, and the behavior of listed companies has been suspected of violating information disclosure. Moreover, this behavior will infringe upon the legitimate rights and interests of other shareholders.

  Shen Meng, executive director of chansons Capital, told the Securities Daily reporter: "It is illegal to agree on the guaranteed income to the subscribers. On the one hand, such guaranteed income makes it possible for the fixed shares to be’ clear shares and real debts’. On the other hand, providing guaranteed income to some shareholders is unfair to other shareholders and violates the consistency of the same shares and rights of listed companies."

  In view of the fact that the above-mentioned behavior of the actual controller of Jingu shares violates Article 17 of the Measures for the Administration of Securities Issuance and Underwriting (Order No.121 of the CSRC) and Article 2 of the Measures for the Administration of Information Disclosure of Listed Companies (Order No.40 of the CSRC). Zhejiang Supervision Bureau decided to issue warning letters to Sun Fengfeng, Sun Jinguo and Sun Liqun respectively, and record them in the integrity files of the securities and futures markets.

  Lawyer Wang Zhibin of Shanghai Minglun Law Firm told the Securities Daily reporter that important matters of listed companies have strict legal provisions in internal deliberation and information disclosure. In the process of private placement, the promise of guaranteed income to the subscribers constitutes a substantial modification of the issuance plan. These matters are major matters and should be submitted to the shareholders’ meeting for deliberation and information disclosure in a timely manner in accordance with the law. "If it is a commitment made by the issuer’s management in the name of the listed company without deliberation at the shareholders’ meeting, In addition, the issuer did not disclose the issuance plan truthfully and completely, which constituted an information disclosure violation. "

  Jingu shares said that after receiving the warning letter, the actual controller will submit a written rectification report to Zhejiang Securities Regulatory Bureau as soon as possible as required. "Attaching great importance to the problems pointed out in the warning letter, we will fully learn lessons, earnestly strengthen the study of securities laws and regulations, raise the awareness of standardized operation, and resolutely follow the requirements of information disclosure standards of listed companies; At the same time, the controlling shareholder and actual controller of the company will earnestly fulfill their due diligence obligations, urge the company to standardize its operation, prevent the above-mentioned matters from happening again, continuously improve the quality of information disclosure, safeguard the interests of the company and all shareholders, and promote the healthy, stable and sustainable development of the company. "

  Over the rainbow shares: Shareholder Wulong Company reduced its shareholding by 32,655,700 shares.

  China Economic Net, Beijing, October 12 th, over the rainbow announced last night that the company disclosed the "Pre-disclosure Announcement on Shareholding Reduction by Shareholders Holding More than 5% (2023-015)" on March 18, 2023, and Wulong Trading Co., Ltd. (hereinafter referred to as "Wulong Company") holds 191,908,453 shares of the company (accounting for 16.42% of the company’s total share capital)

  Recently, the company received the Letter of Notice on the Expiration of the Plan to Reduce the Shares of over the rainbow Shuke Commercial Co., Ltd. issued by Wulong Company. As of October 10, 2023, the above-mentioned plan has expired. Wulong Company reduced its holdings by a total of 32,655,700 shares, with a reduction ratio of 2.80%.

  Before this reduction, Wulong Company held 191,908,453 shares of over the rainbow, accounting for 16.42% of the total share capital; After this reduction, Wulong Company holds 159,252,753 shares of over the rainbow, accounting for 13.62% of the total share capital.

Afraid that citizens will listen to music festivals for free without buying tickets, seal bridges with iron sheets, and occupy blind roads? Local response

Recently, due to the music festival held in Bengbu City, Anhui Province, the matter of closing the bridge with a fence attracted network attention. The fence not only invaded the blind road and damaged the bridge deck, but also raised the question of "fearing that citizens would listen to music for free without buying tickets". After what happened, the reporter of the General Station in Anhui rushed to Bengbu for a field interview.

Sudden enclosure of highway bridge

Longhu Bridge in Bengbu is a highway bridge across Longzi Lake in Bengbu City, Anhui Province. The main span of the bridge is about 800 meters long and 36 meters wide. It is not only the main road of east-west traffic in Bengbu City, but also an excellent scenic spot overlooking Longzi Lake.

On June 23 this year, a totally enclosed iron fence was suddenly built on the sidewalk on the south side of Longhu Bridge, and the blind road was also enclosed in the fence, which caused dissatisfaction among netizens on the Internet.

A netizen named "Life Research Institute" took the lead in releasing a video and broke the news about the enclosure construction site of Longhu Bridge.

Many netizens commented below the video that this is the organizer’s move to prevent the audience who have not purchased tickets from performing at the music festival on the bridge, but who will be responsible for destroying the ground and occupying the blind road?

For this kind of behavior, many citizens also put forward their own views.

From June 30th to July 2nd this year, Bengbu will hold a three-day Longhu Music Festival. The venue is located on the lawn on the east bank of Longzi Lake. The reporter stood on the bridge and visually observed that the nearest place is about 400 meters away from the concert venue. Although there is a certain distance, due to the high terrain and wide vision, it is indeed possible to see the main stage completely.

The reporter inquired about the ticket information and learned that the music festival lasted for three days, and the ticket price ranged from 99 yuan to 369 yuan. Is the enclosure installed to prevent people from rubbing tickets? The organizer denied this.

Organizer: enclosure is not forbidden, it is considered safe.

The organizer said that the enclosure was installed for safety, and the netizen "Life Research Institute", who first released the video, quickly released a short video saying that the organizer of the music festival contacted her and installed the enclosure for everyone’s safety.

Why is the "safe" enclosure quickly dismantled?

On June 26th, the day this video was released, the enclosure installed on the bridge suddenly began to be dismantled. Since it was built for safety, why should it be demolished in a few days?

The 2024 Spring Festival box office set a record, and they proved themselves again!


Special feature of 1905 film network The 2024 Spring Festival file finally ended with 8.016 billion yuan, which not only set a new box office record, but also the overall quality of the film was widely recognized by the audience.


In the strong lineup of the Spring Festival, many people have also dedicated wonderful moments that impressed everyone on the big screen. Let’s follow the Spring Festival special program "Performance Appreciation Class in 2023" of China Film Report, and see if the "performance closing time" that hit you in the past year is among them.


Realistic films achieve "daily aesthetics" performance


Looking at the new films at the head of the Spring Festival, realistic themes and ordinary people are still the "main theme" of creation. The director’s new film, which continues to decline at the box office and gains good reputation, is undoubtedly the representative work.


From the main characters to the supporting roles, every character in Article 20 finally presents the most realistic life texture. Obviously, this is the director’s core appeal at the beginning of "organizing the bureau".



In the casting stage, Zhang Yimou made a special request to find the actors who left a deep impression on him in the film and television works in the past year. Therefore, in the story of Article 20, we saw the big bang and the best actor nominated for the Golden Rooster Award.


Although the scenes in this work are not important, it has not affected the wonderful performance of the two. For example, Zhang Yi’s "Angry" performance of Director Zhang in the face of Li Maojuan’s repression and details, and Yang Haoyu’s reversal of joy and sadness that almost made the audience exclaim, all show their skill.



Looking back on the past 2023, Zhang Yi and Yang Haoyu were both active in film and television creation. In addition to the drama The Knockout, three films of Zhang Yi have landed in the cinema. According to Li Hong, a professor in the Performance Department of the Central Academy of Drama, a performance worthy of being called Zhang Yi’s "life fragment" comes from works.


At the end of the film, "Stone" played by Zhang Yi dances with the feeling of paying tribute to "Singin’ in the Rain". "There is the logic and emotion of the character here, which expresses his attitude towards life. As an actor, his (dance) movements are not good, but his emotions are the best. Combining with his movements, he has made the image of this character. This fragment can be a fragment of Zhang Yi’s life." Professor Li Hong explained.



The nomination of the Golden Rooster Award for Best Actor has, to some extent, proved Yang Haoyu’s accuracy and Excellence in handling the role of Tang Zhijun in Cosmic Exploration Editorial Department. The director once said that among the four nominations for his work, he was most expecting Yang Haoyu to win the prize.


Li Hong also interpreted the goodness of "Tang Zhijun" from a professional point of view: "He is a widowed and lonely person, his eyes are always evasive, and his language is also very distinctive. Every time he finishes, he must be’ hmm’." But when he mentions the science he believes in, the universe, aliens, and the daughter he deeply loves, he will become stuck and firm. "This is an emotion that runs through, and there are many (detailed) micro-expressions."



Three generations of actors, old, middle-aged and young, have different performance "sense of strength"


In addition to the above-mentioned two actors whose acting skills broke out again during the Spring Festival, Professor Li Hong also paid attention to several representative figures with full sense of strength in acting among the three generations of actors in the past year’s big-screen works.


In the film, he has dedicated two characters with different qualities but full of texture to the audience, and his performance has been selected into the annual "appreciation class", which is well deserved. Li Hong analyzed teacher Li Xuejian’s shaping of Zhou Zhezhi and Xibo Hou Jichang from two aspects.



"Actors should pay special attention to their faces, beautiful and imperfect. Such as wrinkles and the sag of the corners of the eyes. Teacher Li Xuejian’s expression in Wandering Earth 2 is very subtle. This requires the actor to control his face very accurately, and there are stories in his drooping eyes. "


The scene of the confrontation between Ji Chang and Zhou Wang in the dungeon of "Feng Shen I" shows the actor’s control of emotions in addition to the details: "This kind of first suppression and then promotion is like a boxer’s punch. This stagnation increases the unpredictability of the whole scene, which is a process of accumulating strength and makes the outbreak of Ji Chang more impactful."



Similarly, in the way of restraining first and then promoting, there are also Chinese court plays that enhance the sense of performance strength. "I think this monologue can be used as an actor’s training material," Li Hong gave a very high evaluation. "The tone, intonation, logic and justice are angular. There is irony in his tone, and the character’s attitude towards justice appears."



In addition, Sun Yang is another actor who gives the audience a sense of strength by shaping the change of roles.


The former created many different characters in the past year, and successfully won the Golden Goblet Awards at the Shanghai International Film Festival with its subversive performance. At the end of the year, it successfully combined the comedy and ambivalence of Zhuang into one;



The latter became famous as a "pure love warrior" in the summer, and Sun Yang’s incisive performance also showed Li Hong the new possibilities of this young actor.



In Li Hong’s view, the audience’s re-recognition of good works and good actors is a positive signal: "The perspective of our overall concern is changing, which is the aesthetic change of the group. These daily temperament characters have become the male masters on the screen. They are closer to ordinary people and can shape the lives of ordinary people. "


Tencent Music’s low-key counterattack against Netease Cloud Music: a platform battle full of gunpowder, who is heretical and who is touching porcelain?

The two families are about to go to court

The "rivers and lakes grievances" of the two major online music platforms in China have been upgraded again.

"Domestic online music has been difficult so far, so don’t work hard on evil ways." On April 27th, Netease Cloud Music released such a passage in Weibo, and posted a statement about Netease Cloud Music suing Tencent Music for unfair competition, pointing out that Tencent Music Entertainment Group harmed musicians’ rights and interests, infringed Netease Cloud’s copyright, and undermined fragile mutual trust among industries.

Netease Cloud Music said in the statement that for a long time, QQ music, cool music, national K songs and other products under Tencent Music Entertainment Group have infringed copyright by illegally broadcasting unauthorized songs, mass impersonating songs, following product innovation, escaping and even confronting supervision.

"Even if we all admit that unfair competition happens from time to time in business, there are few fields where nothing grows because of unfair competition like domestic online music." Netease Cloud Music said that Tencent Music Entertainment Group’s unfair competition behavior against Netease Cloud Music and the entire online music industry has been long-lasting, wide-ranging, diverse in means and tragic in consequences, and it has shown a growing trend in the past two years.

On April 27th, the reporter of Time Weekly repeatedly contacted the relevant persons in charge of Netease Cloud Music and Tencent Music, but no reply was received as of press time.

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Or about to go to court

Although Tencent Music did not publicly respond. However, some media revealed that on April 27th, Chen Mo, the head of Tencent’s music public relations, stated in a circle of friends that he would not join the fight, and that touching porcelain regardless of the facts would not help the development of the music industry.

"The relevant evidence has long been preserved, and the lawsuits initiated have already been initiated." In the screenshot, Chen Mo also said.

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(Webpass screenshot)

Also planning to go to court, there is Netease Cloud Music.

Netease Cloud Music revealed that Tencent Music Entertainment Group (including QQ music, cool music, cool dog music and other products) has formally filed a lawsuit against some unfair competition behaviors of Netease Cloud Music.

"We urge Tencent Music Entertainment Group to immediately rectify its products and businesses and stop all acts of unfair competition, including stopping infringement, stopping unscrupulous acts of unfair competition and investigating violations of laws and regulations in various businesses." Netease cloud music said at the end of the statement.

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(Netease Cloud Music Statement)

Netease Cloud Music is not the first time to "start a war" against Tencent Music. In February, 2021, Netease Cloud Music published an article "Netease Cloud Music: Suggestions on Applying for Year-end Awards for Cool Dog Music-related Teams" on WeChat WeChat official account. The article clearly praised and belittled, and listed the plagiarism of Cool Dog Music to Netease Cloud Music.  

Competition on music platforms is fierce.

In fact, since the battle for copyright started, online music platforms have always been full of gunpowder. Until recent years, under the active coordination and promotion of all parties, Netease Cloud Music and Tencent Music have reached a cooperation on the copyright of online music, but in the end, the relationship has not improved significantly.

Or more under the pressure of copyright, Netease Cloud Music can only choose to vigorously promote the strategy of original musicians in recent years. By June 2021, the number of original music registered by Netease Cloud Music exceeded 300,000, and the total number of UGC songs reached 2.8 billion. Among its monthly active users, the proportion of users producing content was about 27%.

However, the original contribution to Netease Cloud Music’s market share is still meager. According to the prospectus, according to the revenue in 2020, Tencent Music accounts for 72.8% of the market share, and Netease Cloud only accounts for 20.5%. In 2020, the revenue of TME.NYSE has reached 29.15 billion yuan and the net profit is 4.16 billion yuan.

"Competition in China’s music industry has entered a more intense state, and effective regulation of competition is the key to market development." On April 27th, Jiang Han, a senior researcher at Pangu think tank, told Time Weekly that in recent years, the monopoly trend of the domestic music market has gradually improved, but the problem to be solved is not only copyright monopoly, but also how to effectively protect intellectual copyright.

"From the perspective of long-term market development, on the one hand, it is necessary to promote more fair and effective competition in the whole market; On the other hand, it is necessary to protect the original copyright of the original author, so that the music industry can truly enter an effective cycle of sustainable development. " Jiang Yan said.

Spring Festival travel rush feels the pulse and vitality of "flowing China" through data.

CCTV News:Today (February 4th) is the 25th day of the twelfth lunar month and the 10th day of Spring Festival travel rush in 2024. The national railway passenger flow maintains a high level, and it is estimated that 12.8 million passengers will be sent. Today, the national railway has arranged to open 1306 additional passenger trains. On February 3rd, the national railways sent 12.822 million passengers.

Today, popular routes for cross-regional mobility are increasing, and the scope of personnel mobility in Spring Festival travel rush is expanding. Among the popular routes, in addition to the Yangtze River Delta, Beijing-Tianjin-Hebei, Pearl River Delta, Chengdu-Chongqing and other regions, there are also urban agglomerations in the middle reaches of the Yangtze River, urban agglomerations in central Yunnan, and urban agglomerations in the Central Plains. The mobility of people in these regions is becoming more and more intensive. Compared with yesterday, the arrival of a number of small cities has increased significantly. Neijiang, Yancheng, Yichang, Bayannaoer, Shuangyashan, Jiamusi, Pingdingshan, Suqian, Xiantao, Tianmen and Tongnan, people who go home for the holidays have accelerated their pace of returning home.

The arrival volume of small cities such as Neijiang Yancheng has increased significantly compared with yesterday.

Using the pre-sale ticketing data of 12306, we have drawn the heat map of Spring Festival travel rush today. Among the hottest destination cities, in addition to Guangzhou, Beijing, Chengdu, Wuhan and Chongqing, the arrivals of a number of small cities have increased significantly compared with yesterday. Neijiang, Yancheng, Yichang, Bayannaoer, Shuangyashan, Jiamusi, Pingdingshan, Suqian, Xiantao, Tianmen and Tongnan have accelerated the pace of returning home for the holidays.

Flow encryption in the middle reaches of the Yangtze River, central Yunnan urban agglomeration and other regions

Among the popular routes, in addition to the Yangtze River Delta, Beijing-Tianjin-Hebei, Pearl River Delta, Chengdu-Chongqing and other regions, there are also urban agglomerations in the middle reaches of the Yangtze River, urban agglomerations in central Yunnan and urban agglomerations in the Central Plains. The popular routes of cross-regional mobility are also increasing. Guangzhou-Nanning, Beijing-Harbin, Shanghai-Beijing, Beijing-Shenyang, Guangzhou-Changsha, Beijing-Taiyuan and Shenzhen-Changsha have become the popular routes of train travel in these two days, and the scope of personnel mobility in Spring Festival travel rush is constantly expanding.

Seventeen of the 20 popular alternate routes depart from Guangdong.

Judging from the data of applying for alternate train tickets, the tickets departing from Guangdong are still the most tense. Of the 20 popular alternate routes, 10 depart from Shenzhen and 7 depart from Guangzhou. Henan, Hubei, Guangxi, Guizhou, Chongqing and other central and western provinces are the main destinations for standby tickets. In addition, the return train tickets for the ninth day of the first month are on sale today, and we also remind everyone to pay attention in advance.

This year’s Spring Festival holiday car rental orders reached 2.3 times that of the same period last year.

Let’s look at road trips again. Although there are still a few days before the Spring Festival holiday, we found that the car rental market became active early, and the order volume increased significantly compared with the same period last year.

According to the data of CAR Inc., by February 3rd, the total order volume of car rental during the Spring Festival holiday in 2024 was 2.3 times that of the same period in 2023. At the same time, everyone’s lease term is longer, and the average lease term has increased by more than 20% (21.9%) compared with 2023. The booming holiday car rental market shows that people are more willing to travel by car during the Spring Festival holiday and their spending power is also improving.

Car rental orders in southern provinces with large tourism resources are relatively high.

On the whole, compared with 2023, the number of car rental orders in all provinces in China has increased to varying degrees. Among them, southern provinces and provinces with large tourism resources have relatively high orders, such as Yunnan, Sichuan, Hainan, Guangdong and Fujian.

From the perspective of cities, the TOP10 orders are concentrated in first-and second-tier cities and popular tourist cities. However, compared with 2023, the cities with the largest increase in order volume are third-and fourth-tier cities such as Heshan, Hengshui, Cangzhou and Wenshan, which are the "dark horse" cities with high growth in car rental this year.

The car rental shop of "big traffic+landing rent" transportation hub has a hot business.

According to the data of car rental, the order volume of car rental in different places in the Spring Festival this year is 2.4 times that in 2023, and the cross-regional flow during the Spring Festival holiday is much higher than last year. Car rental stores in railway stations, airports and other transportation hubs are extremely popular, and the mode of "big traffic+landing rent" has become an increasingly popular mode of travel.

Ministry of Agriculture and Rural Affairs introduces the operation of key agricultural products market in 2019

The Ministry of Agriculture and Rural Affairs held a press conference on the operation of key agricultural products market in 2019.

On Wednesday, January 15th, 2020, the Ministry of Agriculture and Rural Affairs held a regular press conference in the Information Office of the Ministry of Agriculture and Rural Affairs to introduce the market operation of key agricultural products in 2019 and answer questions from reporters.

Conference site
China Network Zhang Ruiyu photo

Ning Qiwen, Deputy Director of the General Office of the Ministry of Agriculture and Rural Affairs:

Good afternoon, ladies and gentlemen, friends from the media. Welcome to the press conference held by the Information Office of the Ministry of Agriculture and Rural Affairs. The theme of today’s conference is to introduce the market operation of key agricultural products in 2019. Today, I am very pleased to invite Mr. Keke, Director of the Market and Information Department of the Ministry of Agriculture and Rural Affairs, and Mr. Wang Junxun, the second inspector of the Animal Husbandry and Veterinary Bureau, to introduce the situation to us and answer your questions.

First of all, please ask Director Tang to inform you about the situation.

Keke, Director of Market and Information Department of Ministry of Agriculture and Rural Affairs:

Good afternoon, ladies and gentlemen, friends from the media. Welcome to the regular press conference. The Spring Festival is in less than 10 days. First of all, on behalf of the Market and Information Department of the Ministry of Agriculture and Rural Affairs, I wish you happiness and well-being, and thank you for your long-term concern and support for the information work in the agricultural and rural markets. Near the Spring Festival, it is the time to concentrate on purchasing new year’s goods, and everyone is particularly concerned about the operation situation of agricultural products market. Below, I will give you a brief briefing on the operation of key agricultural products market in 2019 and the prospect in 2020, as well as the key work in the field of agricultural and rural market information.

Since 2019, under the impact of multiple internal and external uncertainties in agriculture, the prices of some agricultural products have fluctuated greatly, but the market supply is generally sufficient, the price increase is limited, and the trend among varieties is obviously differentiated, showing the characteristics of "one stability, one rise and one fluctuation". "One stability" means that the production of bulk agricultural products such as grain, cotton, oil and sugar is stable, the stock is sufficient, and the market operation is basically stable, and the agricultural product market continues to play the role of "ballast stone"; "One rise" refers to the tight supply in the pork market and the large price increase, which drives the overall price of livestock and poultry products to strengthen; "One fluctuation" means that the price of fruits and vegetables is high before and then low, and the price fluctuates greatly due to adverse weather, but it still conforms to the seasonal law as a whole. From the main varieties:

Rice and wheat: stable production, sufficient stocks, and lower prices. In 2019, the production of rice and wheat decreased and increased, the total output of rations remained stable, the inventory was at a historical high, and the market price was weak. After the new grain was listed, the implementation plan for the minimum purchase price of wheat, early indica rice and middle and late rice was launched one after another. In December, the market purchase prices of late indica rice and japonica rice were 1.20 yuan and 1.32 yuan per catty, respectively, down 6.3% and 7.7% year-on-year; The prices of ordinary wheat and high-quality wheat in Zhengzhou grain wholesale market were 1.18 yuan and 1.24 yuan per catty, respectively, down 4.4% and 6.5% year-on-year.

Corn: there is a gap between production and demand, the inventory is still abundant, and the price fluctuates slightly. Affected by the continuous adjustment of planting structure, the corn area decreased slightly in 2019, but the meteorological conditions in the main producing areas were generally better than the previous year, and the corn output increased by 1.4%. Affected by the decline of pig production capacity, the consumption of corn feed for pigs decreased, but the consumption of substitute feed such as meat and poultry increased obviously, and the consumption of corn feed decreased slightly overall. New projects for corn deep processing increased, and industrial consumption increased rigidly. In 2019, the gap between corn production and demand was about 50 billion Jin, but due to the high inventory level, the relationship between corn supply and demand remained balanced and loose, and the market operation was basically stable. After the new corn came into the market in autumn, the prices of the main producing areas in North China and Northeast China dropped slightly. In December, the wholesale price of corn producing areas was 0.92 yuan per catty, down 1.2% from the previous month and 2.8% from the same period last year.

Soybean: Imports continue to decrease, and prices are mainly stable. Affected by Sino-US economic and trade frictions, soybean imports declined slightly, and the import sources were further concentrated in Brazil and Argentina. From January to December, the after-tax price of imported soybeans in Qingdao Port first fell and then rose, and fluctuated slightly between 1.55 yuan and 1.65 yuan per catty. In December, the ex-factory price of medium soybean meal in Shandong was 2930 yuan per ton, down 4.4% from the previous month and 2.2% from the same period last year. Domestic soybean production continued to resume growth, the market was booming, and the price was stable and strong.

Pork: the production capacity of live pigs gradually recovered before the end of the year, and the price continued to rise and then fell back. Since 2019, due to the superposition of pig cycle, African swine fever epidemic, unreasonable ban on raising in some areas and other factors, the production capacity of live pigs has dropped more, the supply of pork market has continued to be tight, and the price has increased greatly. Since October, with the intensive introduction and implementation of a series of national and local policies and measures for stable production and supply of live pigs, the confidence of farm households in raising and supplementing pens has increased, the production of live pigs in China has stopped falling and rebounded, the market is expected to stabilize, and the pork price has remained generally stable after falling back. In December, the average wholesale price of pork was around 43 yuan per kilogram. Driven by the rise in pig prices, the prices of beef, sheep, poultry, eggs and milk have generally strengthened, but the production of these products has increased a lot, and the market supply is sufficient, which is significantly lower than that of pork.

Looking forward to 2020, the total supply of bulk agricultural products such as grain, cotton, oil and sugar in China is still relatively loose, the pig production capacity is expected to gradually recover, and the market will continue to operate smoothly, which has a good foundation. The annual price increase of agricultural products is expected to fall back, but the risk of periodic fluctuations of some varieties needs to be closely watched.

I would like to take this opportunity to briefly introduce the key work in the field of agricultural and rural market information. On December 25th last year, the Ministry held a national conference on agricultural and rural market information, which laid out the key tasks in the field of agricultural and rural market information this year and in the future. First, we will speed up the implementation of the "internet plus" agricultural products project, focusing on the construction of 100 pilot counties this year. The second is to further promote the entry of information into villages and households, and achieve the goal of covering 80% of administrative villages this year. Third, strengthen monitoring, statistics, analysis and early warning, and organize the 2020 agricultural outlook Conference on April 20 to give full play to the supporting role of data in management and decision-making. Fourth, strengthen brand building in an all-round way, enlarge and strengthen the dominant area of agricultural products with China characteristics, vigorously promote the docking of agricultural products production and marketing in poverty-stricken areas, and run the 4th China International Tea Expo on May 20th and the 18th China International Agricultural Products Fair on November 27th. Fifth, accelerate the construction of market circulation system, start the construction project of cold chain logistics facilities for storage and preservation of agricultural products, and strive to improve the commercialization processing capacity of agricultural products. Sixth, do a good job in the construction of urban modern agriculture and continue to strengthen the implementation of the "vegetable basket" mayor responsibility system. Seventh, with the theme of "Celebrating Harvest and Meeting a Well-off Society", we will run the China Farmers Harvest Festival well, and strive to make the Harvest Festival become a vulgar custom after another year of careful organization and implementation, with sustained and strong influence, appeal and cohesion.

Here, I would like to introduce to you the relevant situation of the project of "internet plus" agricultural products leaving the village and entering the city. This document was approved by the State Council. On December 16th last year, our Ministry, the National Development and Reform Commission, the Ministry of Finance and the Ministry of Commerce jointly issued the Guiding Opinions on the Implementation of the "internet plus" Agricultural Products Project. The main idea is to transform and upgrade the whole industrial chain, establish a supply chain system, an operation service system and a support and guarantee system suitable for online sales, promote the smooth sales of agricultural products with high quality and good price, solve the problem of small farmers connecting with the big market, and help poverty alleviation and agricultural and rural modernization.

Now my colleagues and I are willing to answer your questions.

Ning Qiwen:

Thank you, Director Keke, for your introduction. Let’s invite reporters to ask questions about the theme of today’s press conference. Please inform the news organizations you represent when asking questions. Let’s start asking questions.

CCTV reporter from the Central Radio and Television General Station:

The Spring Festival is coming. Could you tell us something about the pork supply situation? Can pork prices remain stable? Thank you.

Wang Junxun, Second Inspector of Animal Husbandry and Veterinary Bureau:

Thank you for your question. Spring Festival is the most important traditional festival for our people, and it is also the peak of pork consumption in a year, so it is very important to ensure the supply of pork and other "vegetable basket" products during the Spring Festival. The Ministry of Agriculture and Rural Affairs attaches great importance to this and does everything possible to speed up the recovery and development of pig production and increase market supply. From the monitoring situation in December, some pig farmers began to concentrate on the listing of fat pigs in the early stage. In December, the slaughter of pigs increased by 14.1% month-on-month, and the average live weight of slaughter reached an unprecedented 128.5 kg. According to comprehensive calculations, the pork output will increase by 17.1%. According to the consumption monitoring data, the retail transaction volume of pork in the bazaar increased by 11.7% in December. Although both supply and demand are increasing, the contradiction between supply and demand of pork has eased. As far as we know, there are still a certain number of large pigs in stock, which will be released gradually before the Spring Festival. The stocks of some slaughtering, processing and circulation enterprises are being shipped one after another, and the government reserves and imported pork are also being put in one after another. In addition, the peak period of making bacon in the south and killing pigs in the north will soon pass. These positive factors do not support the further increase in pork prices before the Spring Festival. According to the survey, pork consumption will generally decline after the Spring Festival. We expect that the supply and demand of pork will be generally stable before and after the Spring Festival. From the price changes, in the past 10 years, the prices of live pigs and pork rose more and fell less in the first half of January every year, showing the characteristics of 7 rises, 1 draw and 2 falls. This year’s situation is roughly the same as that of the same period in normal years. In addition, the production of beef, mutton, poultry, eggs and milk increased in an all-round way in 2019. According to the preliminary calculation of monitoring data,The output of poultry meat has increased by more than 15%, the output of beef and mutton has increased by about 3%, and the output of eggs has increased by about 5.7%. These products are abundant in the market, which not only fills the gap in pork supply to a certain extent, but also satisfies and enriches the "vegetable basket" of ordinary people. Thank you.

Farmers’ Daily Financial Media Reporter:

Since December last year, the price of vegetables has increased. What is the main reason? What will be the trend of vegetable prices during the Spring Festival?

Keke:

Thank you, the production of agricultural products is cyclical and seasonal, so it is normal for prices to fluctuate within a certain range. The vegetable prices you mentioned just now have been rising continuously at this time. We are also concerned that the vegetable prices in China have entered a seasonal rising channel since the winter, and the increase has increased in December last year. The national average wholesale price of 28 kinds of vegetables monitored by the Ministry of Agriculture and Rural Affairs is 4.56 yuan per kilogram, up 16.3% from the previous month and 22.3% higher than the same period last year. According to the situation in previous years, most of the open-field vegetables listed in winter decreased, "greenhouse vegetables" and "southern vegetables" became the main products in the market, the cost of production and circulation increased accordingly, and the price of vegetables generally increased significantly. Generally speaking, the current fluctuation of vegetable prices basically conforms to the law of previous years. The price increase is a little larger than the previous month, mainly because there were two rounds of rain and snow cooling weather in the main vegetable producing areas in winter and spring, and the cross-regional circulation of vegetables was affected by stages. In addition, the early Spring Festival in 2020 and the early stocking of the market led to a rapid rise in short-term prices. The price level is higher than the same period of last year, mainly because in the first half of 2019, the prices of some varieties such as cauliflower, beans, cucumber and zucchini were depressed, and the willingness of vegetable farmers to plant decreased and the area decreased, which led to a large increase in market prices and raised the overall vegetable price.

From the later trend, due to the normal warmer temperature in winter in 2019, it is more favorable for the production of protected vegetables in the north and overwintering vegetables in the south, and the production and supply of vegetables are generally guaranteed. According to the monitoring of our department, in the second half of 2019, the cumulative transaction volume of 28 key vegetables in the national wholesale market increased by 4.7% compared with the first half of the year, with a steady increase year-on-year. If there is no persistent large-scale disastrous weather before the Spring Festival, the price of vegetables is expected to remain basically stable, and the price may decrease steadily after the holiday.

For vegetable varieties such as cauliflower, cucumber and zucchini, the price in the early stage is obviously higher than that in the perennial period, the majority of vegetable farmers are reminded to adjust their planting plans slightly slowly in 2020, and pay attention to prevent the price from falling sharply and the risk of difficult selling in stages caused by excessive expansion.

Central Radio and Television General Station Yang Guang reporter:

Last year, fruit was also a variety with high attention. What was the fruit market situation in the fourth quarter of 2019 and what was the price trend in the later period? Thank you.

Keke:

In 2019, the supply of China’s fruit market was generally abundant, the price was high before and then low, and the fluctuation range was relatively large, but it was still generally in line with the seasonal laws of previous years. In the first half of the year, fruit prices continued to rise. In June, the wholesale prices of apples and pears more than doubled year-on-year, mainly due to the cold weather in late spring in the main producing areas of apples and pears in 2018, resulting in a large reduction in production. In the second half of the year, with a large number of fruits coming into the market in summer and autumn, the output of apples and pears resumed obviously, and the price of fruits fell seasonally. Since October, it has been lower than the same period of last year, and the price was basically stable in November and December, with a year-on-year decline of more than 10%. From the later trend, the fruit market is mainly supplied with stock fruit, with increased cost and consumption in the peak season. It is expected that the fruit price will increase slightly before the Spring Festival, but the total supply of fruit market is sufficient and the variety is rich, especially the storage rate of apples has reached a historical high. In most areas, the storage rate of cold storage has reached 80-90%, so it is unlikely that the fruit price will fluctuate greatly. After the holiday, with the weakening of consumption, the price will drop slightly. Due to the warmer climate in winter in 2019, some fruits ripened earlier in the first half of this year. Fruit farmers should pay attention to rationally planning the pace of listing, avoid blindly grabbing the market early, ensure the quality of fruits, and strive for better returns. Thank you.

China Daily reporter:

It was introduced at the press conference a few days ago that the Ministry of Agriculture and Rural Affairs recently organized a nationwide inspection of slaughter links. Can you tell us about the results of the inspection? Thank you.

Wang Junxun:

Thank you for your question. In order to ensure the pork supply and quality and safety during the Spring Festival, the Ministry organized a nationwide inspection of pig slaughtering, which was completed before January 10th, and the local agricultural and rural departments carried out a full coverage inspection of 4,578 pig slaughtering enterprises currently in production. For the problems found in the inspection, measures such as immediate rectification and rectification within a time limit shall be taken. In addition, our department, led by four department leaders and seven department directors, conducted supervision and spot checks on some pig slaughtering enterprises in 11 provinces.

From the preliminary summary of the inspection, all pig slaughtering enterprises have implemented the self-inspection system of African swine fever, and carried out the inspection of African swine fever in accordance with the requirements of "batch inspection and full coverage". Local agricultural and rural departments have stationed official veterinarians to pig slaughtering enterprises according to law; All pig slaughtering enterprises have established and implemented rules and regulations such as pig entry inspection, meat quality inspection, meat exit management, and harmless treatment of diseased pigs and diseased products, effectively ensuring the quality and safety of pork products, so that ordinary people can eat assured meat.

Judging from the production situation of slaughter enterprises, the amount of pig slaughter has steadily increased recently. According to monitoring, since November, the amount of pig slaughter has increased for ten consecutive weeks. More than 700,000 tons of pork products stocked by local slaughter enterprises have been put on the market one after another, increasing market supply. During the Spring Festival, the agricultural and rural departments, together with the public security and market supervision departments, will continue to strengthen law enforcement, strictly investigate serious illegal and criminal acts, and ensure the quality and safety of pork products during the festival.

Agricultural TV Network reporter:

In 2019, China’s soybean production will continue to increase. What is the recent soybean market? What will happen next?

Keke:

China’s domestic soybeans are mainly edible, with high protein content, and have formed two relatively independent markets with imported soybeans. Let me talk about domestic soybeans first. Last year, the country implemented the soybean revitalization plan, and the area of domestic soybeans expanded, the output increased, and the quality was excellent. After the new soybeans were listed, processing enterprises and traders actively entered the market to buy them. The sales progress of farmers was fast, and the market was booming, with prices rising steadily. In December 2019, the average purchase price of domestic edible soybeans in Heilongjiang was 1.81 yuan per catty, up 2.4% from the previous month and 1.5% from the same period last year. The incoming price of domestic soybeans in Shandong was 2.11 yuan per catty, up 1.5% month-on-month and 5.1% year-on-year. The closing price of the main soybean contract of Dalian Commodity Exchange was 1.71 yuan per catty, up 3.0% from the previous month and 6.5% from the same period last year. Let’s look at imported soybeans. Since the Sino-US economic and trade friction, China’s soybean imports from the United States have decreased, while those from Brazil and other countries have increased, and the supply of imported soybeans is guaranteed. According to customs data, from January to November 2019, China imported 79.04 million tons of soybeans, a slight decrease of 4.0% year-on-year, of which imports from Brazil accounted for 67%. It is estimated that China’s total soybean imports will increase in 2020, which can meet the soybean meal demand after the recovery of pig production capacity. On the whole, the market price of domestic soybeans, imported soybeans, downstream soybean meal and soybean oil is expected to remain basically stable in 2020. Thank you.

Ning Qiwen:

Thank you to the two publishers, thank you journalists and friends, and today’s press conference is over.

A shares continue to slump, but these stocks hit a new high! What are the commonalities?

Recently, a number of stocks, such as Changjiang Power, Nanjing-Shanghai Expressway and China CNOOC, have set a record high in stumbling.

Even a slow bull stock like Changjiang Power, which has been hitting new highs for 20 years, has recorded a monthly decline of more than 5% for five times in the past three years. If investors lack a pre-judgment on the degree of bumps on the road to investment, then a bad investment experience is likely to wash investors out.

In fact, investment is counter-intuitive. In the bottom area of the stock market, Mr. Market is cold and depressed, and the already cheap stock price will be further cheaper. The rise seems to be in the foreseeable future, and investors can’t help but leave the market to wait and see, but this is precisely the sowing area, just like investors who have been long in blue chips in 2016 and 2018, they have won generous market rewards in the following years; In the top area of the stock market where everyone is hypnotized by the stock price, when investors revel and everyone seems to have a bumper harvest, the stock market just enters the high-risk and low-return range, just like investors who entered the market in 2007 and the first half of 2015, which is an important reason for investors who entered the market in early 2021 to Lacrimosa in the past three years.

What investment should pursue is to earn money that can outperform inflation in the long run, rather than a good investment experience. Even if the Dow Jones index has achieved an annualized rate of return of 11% in the past 70 years, investors will not have a good experience, because the retracement of more than 5% takes up most of the time, and people are either regretting why the last high point was not sold or worrying about when the next high point will come.

Successful investment can’t empathize with the market, especially in extremely pessimistic moments, because only in such moments, the downside risks are limited and the upside benefits are considerable. As David Swenson, the late chief investment officer of Yale University, said, holding uncomfortably different positions is painful until the final victory comes.

Stumbling to a new high

Changjiang Electric Power reached a record high on December 28th, 2023. Since November 18th, 2003, Changjiang Power has increased nearly 20 times in the past 20 years, which is a typical slow bull stock, but the fluctuation range of Changjiang Power is enough to scare off investors who follow suit.

Since 2021, Yangtze Power has increased by nearly 40% in three years, far outperforming the broader market. However, in the past three years, the stock price retreated more than 10% three times, and the retreat rate exceeded 12.7% from March to May in 2021; From October to November 2021, the withdrawal rate exceeded 13%; From July to November 2022, it retreated by nearly 20%.

In the past three years, the number of days that Changjiang Power rose was 344 trading days, and the number of days that it fell was 353 trading days. From a psychological point of view, the pain effect brought by the decline is three times that of the happiness effect brought by the rise. Therefore, although Yangtze Power has increased by 40% in the past three years, if the stock price is frequently checked, investors feel far more pain than happiness.

Nanjing-Shanghai Expressway hit a record high last month. Since its listing in 2001, it has increased by 5.27 times, with an annualized income of 8.3%. In the past three years, Nanjing-Shanghai Expressway has increased by 30%, and the biggest retracement of the stock in the past three years is 25%. As a public utility stock, the fundamentals of Nanjing-Shanghai Expressway are relatively transparent and stable, the dividend yield is clear and relatively predictable, and the intrinsic value is relatively stable, but the stock will also encounter emotional selling during the market downturn. However, in the long run, the stock price will eventually be close to the company’s fundamentals.

Xingqi Ophthalmology hit a record high last month. Since its listing on December 8, 2016, the stock has risen 50 times. The stock has also increased by 174% in the past three years, but the biggest retracement is as high as 59%. In June 2022, the stock peaked at 174.81 yuan, but it fell to 83.47 yuan in October 2022.

Kweichow Moutai, a long bull stock, has increased eight times since 2016, but it has happened three times when it retreated more than 30%. In June 2008, Kweichow Moutai once reached 803 yuan, but its share price fell all the way, and the decline accelerated in October. In November 2018, it once dropped to a low of 509 yuan, with the largest retracement reaching 37%. In February, 2021, Kweichow Moutai once reached 2627 yuan, and in August, 2021, it reached 1525 yuan, with a retracement rate of 42%. During the period from June to October 2022, the maximum withdrawal was 37%.

Volatility is the truth of the stock market.

Because greed and fear dominate the market periodically, the stock market is always accompanied by quite violent fluctuations. When the market is pessimistic, the corresponding price-earnings ratio may fall in the range of 8-9 times, and when the market is optimistic, the corresponding price-earnings ratio will be more than 25 times. Even if the fundamentals of listed companies are steadily rising, the fluctuation of valuation will lead to the share price being easily halved.

Yao Zhang, a stock price investor, once said: "Fluctuation is the nature of the market. How can there be no fluctuation among thousands of various participants? It is the fluctuation that creates a source of profit, allowing various types of investors to find reasons for buying and selling, and allowing value investors to find value-for-money prices."

Duan Yongping almost holds a single stock in the US stock market-Apple, but he thinks that no one may be more happy than him to see Apple’s share price fall. "Investors can only imagine the company as a non-listed company, and they will understand without stock price changes. However, most people can’t do this. Objectively speaking, if there is no way to treat a company as a non-listed company, most investors will eventually lose money. " Duan Yongping once said. In the past 10 years, Duan Yongping’s holding of Apple has earned about 10 times the income, and he has also experienced four plunge in the past 10 years.

Investing in the stock market requires a certain tolerance. Investors need to anticipate stock price fluctuations, even violent fluctuations, as John Berg, founder of Pioneer Fund, said, "If you can’t stand the heat, you should stay away from the kitchen".

This is a real case told by Morgan Hauzer, a famous Wall Street investor, in The Psychology of Money. He cited the example of Dow Jones index and gave a mathematical explanation for this phenomenon.

Image source: Morgan Hauzer, Money Psychology

The gray interval in the picture represents the stage when the current price is at least 5% lower than the previous historical high, and this gray stage is the time when you will be unhappy-because during this "gray" time, you are either regretting why the last high point was not sold or worrying about when the next high point will come. There is no need for accurate statistics at all. We can see with the naked eye that the gray "unhappy" period has occupied most of the time in these 70 years.

Great investors are made, and many investors who have stood the test of time have suffered a lot of market pressure. Charles Munger once said, "Our generation, this batch of people who make value investments, is not made. Stick to it, you don’t even need to be smart. "

Investment needs to distinguish the stock price from the intrinsic value of the stock. Investment needs to be "insensitive". If you keep an eye on the short-term stock price, investors will not only have a bad experience, but also be fooled by the market, buy high and sell low, and run in the wrong direction; If we regard investment as "the stock price is what you pay, and the value is what you get", we should pay close attention to the relatively stable intrinsic value, ignore the jumping stock price, or use the irrational market to buy low and sell high, so that investors can earn long-term money and avoid resonating with market sentiment to form good investment results.

(The original title is "A shares continue to slump, but these stocks have reached a new high! What are the commonalities? Great investments are made! 》)

Brand new flagship, Tengshi Z9, Z9GT pre-sale 339,800

On August 20, its new flagship models Z9 and Z9GT officially announced the opening of pre-sale. The pre-sale price of the new car is: 33.98-41 9,800, and a total of five models are launched, all based on the latest Easy Tripartite Technology Platform. Among them, the Z9 is positioned as a medium and large luxury sedan, and the Z9GT is a medium and large four-door luxury GT sports car. Thanks to the Easy Tripartite Technology Platform, the Z9 and Z9GT are equipped with three-motor independent drive and rear wheel steering technology to help users solve driving problems in complex scenarios.

In terms of appearance, the Z9 and Z9GT use the same front face design. The entire front of the car adopts a visual focus-shifting design technique with sharp headlights, making the new car look low and sporty. In the body part, in order to highlight the "running smell", the Z9 and Z9GT both show a low posture; especially the Z9GT, whose body shape is like a cheetah ready to hunt, looks fast and powerful. In addition, in order to highlight the elegant sports temperament of the vehicle, the Z9GT also adopts classic sports car design elements such as electric suction doors, frameless doors and hidden door handles. In order to enhance the sporty atmosphere of the new car, the Z9GT not only has a roof spoiler, but also is equipped with a hidden electric lift rear wing. Under the narrow LED taillights, the entire rear of the car looks very visually recognizable. It is worth mentioning that in order to optimize the performance of the new car’s body wind resistance, the Z9GT is also equipped with an electronic external rearview mirror to optimize the air force design.

In the interior part, the cockpit of the Z9GT adopts a classic "T-shaped" layout, which not only retains the sporty driving atmosphere of a GT sports car, but also has the advanced sense of a luxury car.

In terms of configuration, the Z9GT is equipped with a full LCD instrument screen + floating central control large screen + co-pilot entertainment screen, a total of three large screens, to meet the different needs of the main driver and co-pilot occupants for the screen at the same time. In terms of details, in order to highlight the high-end positioning of the flagship model, the Z9GT is not only decorated with a large number of NAPPA leather and soft bag materials, but also equipped with electronic gear bars made of crystal materials. Under the background of 128-color interior ambient lights, the entire cabin atmosphere is full of comfort and luxury.

In other respects, the Z9GT is also equipped with: 50W front-row mobile phone wireless charging, front/rear cooling and heating incubator, streaming media electronic rearview mirror, panoramic sunroof with electric sunshade, rear control screen, passenger gravity seat; front/rear seat electric adjustment/heating/ventilation/massage and Divare sound system, etc., which directly fills the sense of value of the luxury flagship.

In terms of smart driving, both the Z9 and Z9GT are equipped with the Tengshi smart driving system, with L2-level intelligent driving capability and high-speed NOA piloting function. Equipped with smart driving hardware such as trinocular cameras, two lidar and multiple millimeter-wave radars, both the Z9 and Z9GT can achieve NOA piloting function in cities without maps nationwide by the end of this year.

In terms of size, the body measurements of the Z9GT are: 5180/1990/1480mm, wheelbase 3125mm, positioning medium and large luxury GT sports cars.

In terms of power, the Z9GT offers two power schemes, pure electric and plug-in hybrid, respectively, and the whole system is equipped with three motors. Among them, the pure electric version of the model is equipped with one motor on the front axle and two motors on the rear axle, with a comprehensive maximum power output of 230kW + 240kW + 240kW. With a lithium iron phosphate blade battery, the CLTC has a battery life of 630 kilometers. The plug-in hybrid version is equipped with a plug-in system composed of a 2.0T engine (152kW) + motor + battery pack. The comprehensive maximum power of the motor is 640kW. The comprehensive maximum battery life is 1100 kilometers. In addition, in order to give the Z9 and Z9GT the top driving experience as flagship models, the new car is also equipped with a cloud A dual-cavity air suspension.