月度归档 2025年7月12日

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Ten Bad Habits of Environmental Pollution in Chinese

  As one of the main pollution gases emitted by industry, smoke and dust threaten human health and destroy the regional environment. We should optimize the industrial structure, implement cleaner production, and promote enterprises to meet the emission standards.

  The random discharge of sewage will directly destroy the ecological environment, and will eventually affect human health and even survival. We should strengthen sewage treatment and utilization, protect the ecological environment and protect the future of mankind!

  Automobile exhaust is toxic and harmful, and it is emitted at low altitude, which is the main source of air pollution in cities all over the world. We should make a comprehensive policy, combine "sparse" and "blocked", and support the blue sky with automobile civilization.

  A large amount of dust and sulfide volatilized from the combustion of inferior coal is the main source of air pollution. We should promote the clean utilization of coal, keep warmth and blue sky.

  Dust from construction site directly affects air quality while reducing visibility, causing safety accidents and hidden dangers. We should promote green construction, reduce dust pollution and let citizens breathe freely under the blue sky.

  The unorganized discharge of cooking fume intrudes the surrounding residents and pollutes the atmospheric environment. We should upgrade the management methods of catering environment, strengthen the control of lampblack source and create a harmonious environment.

  Burning straw not only produces toxic substances harmful to human health, but also aggravates air pollution and increases the possibility of regional haze weather. We should strengthen scientific guidance, promote the recycling of straw and achieve a double harvest of environmental benefits.

  Open-air barbecue not only affects the municipal appearance, but also directly discharges pollutants into the atmosphere, aggravating air pollution. We should refuse open-air barbecue, taste environmentally friendly food and enjoy a clean life.

  Burning garbage in the open air can produce more than 20 kinds of toxic pollutants, which seriously affect the atmospheric environment and human health. We should strengthen the management of garbage classification, refuse to burn garbage in the open air and build a beautiful home together.

  Pets urinate everywhere, urban sanitation can’t afford to hurt, and urban civilization can’t afford to hurt. We should cultivate our pets in a civilized way, starting from me, and guarding the harmonious life between people and animals.

 

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Stimulate vitality and boost consumption | Hebei Huimin subsidies drive consumption benefit to be obvious

CCTV News:In order to further release domestic demand, the Ministry of Commerce has positioned this year as a "consumption boosting year". Some time ago, the Beijing-Tianjin-Hebei consumption season started. For more than a month, based on their respective characteristics and advantages, Beijing-Tianjin-Hebei launched consumption policies according to local conditions, created consumption activities, and strived to meet the diversified needs of consumers.

March is the off-season of home appliance sales, but in Zhengding County, Hebei Province, no one expected that the 3 million yuan subsidy for home appliances just invested by the government was snapped up by consumers in just one and a half days.

The promotion season has such an effect, thanks to a series of preparations made by the local government and merchants before the event started.

Zhang Chaoyong, Deputy Director of Zhengding County Bureau of Commerce, Hebei Province:Let’s first call the person in charge of Shangchao to hold a forum to give up the maximum discount on the price of the goods. We have to do our work, and in order to gather popularity, we have communicated with shopping malls and manufacturers many times. At first, they refused to let the government pay, so it was very difficult for us. The government’s funds must be strictly controlled and the limited funds should be used to maximize consumption.

After many meetings, it was finally determined that the government and the merchants would pay half the subsidy fee. In March, Zhengding County took the lead in providing 3 million yuan of subsidy funds for household appliances consumption, which means that businesses should also make a profit of 3 million yuan, which is equivalent to the ordinary people getting a discount of 6 million yuan. How can this 6 million yuan benefit the people who really need it?

Song Chunhai, Manager of Zhengding Store of Northland Electric Appliances:The starting line of household appliances subsidy is generally 2000 yuan, which is the average customer unit price of refrigerators, color TVs, washing machines and air conditioners, which is basically more than 2000 yuan. This time, the Bureau of Commerce mentioned Pratt & Whitney, and finally we decided to go to 1000 yuan. Like TV, the elderly sometimes need 42 inches and 32 inches, both of which are more than 1000 yuan. In this way, many customers who just need sex have gained great benefits in this activity.

After lowering the starting line, in Zhengding, no matter local consumers or foreign consumers, they can enjoy 15% government subsidies for benefiting the people if they buy household appliances with a price of 1,000 to 5,000 yuan, and 10% subsidies for those with a price of more than 5,000 yuan. In order to ensure that the benefits the people get are practical and water-free, the local government also spent half a month making another preparatory work before the start of the consumption season.

HebeiZhang Chaoyong, Deputy Director of Zhengding County Bureau of Commerce: I am afraid that they will raise prices. When they say that the government has subsidies and raised prices, the people are equal to not getting benefits, and businesses are making money. Therefore, before this, it is necessary to put on record, and all commodity prices should be put on record in the price management department of the market supervision bureau, and then publicity should be carried out after the record is completed.

Zhengding, Hebei Province invested a total of more than 10 million yuan in promotional funds in March, focusing on the consumption of bulk commodities with obvious driving effects such as automobiles and household appliances. Up to now, directly boosting the consumption of automobile appliances by 200 million yuan has not only boosted the consumption enthusiasm of ordinary people, but also enhanced the business confidence of enterprises.

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Small nucleic acid "big era"-nucleic acid track inventory

Nucleic acids are biological macromolecules, including DNA and RNA. These two kinds of molecules can be used for the prevention, diagnosis and treatment of diseases, which are nucleic acid drugs. Nucleic acid drugs include small interfering RNA(siRNA), small exciting RNA(saRNA), microRNA and messenger RNA(mRNA).

All kinds of common RNA and their functions

5201658273305523 Source: Guotai Junan Securities Research

The appearance of small nucleic acid drugs makes it possible to actively design drug sequences to target silent disease genes. Compared with other drugs targeting proteins, small nucleic acid drugs have the advantages of short preclinical research and development cycle, rich candidate targets, high specificity, high efficiency and long-term effect. 

The candidate targets are abundant and the indications are widely distributed. 

Theoretically, any disease caused by over-expression of specific genes can be treated by small nucleic acid drugs, which provides rich candidate targets for the research and development of small nucleic acid drugs, including many targets that traditional drugs can’t become drugs. 

Simple drug design and short research and development cycle. 

Small nucleic acid drugs are the biggest benefit areas of genomics and functional genomics. The design of small nucleic acid drugs can realize the digital design of disease gene (mRNA) sequences directly, thus getting rid of the large-scale screening cycle of traditional drugs, enabling drug design to be carried out actively, and the success rate of research and development is relatively high.

  Strong targeting specificity

Small nucleic acid drugs can regulate gene expression from the post-transcriptional level, can specifically act on the mRNA transcribed by the pathogenic gene, regulate the expression of the pathogenic gene from the upstream of the disease, and can achieve sequence specificity at the single base level, with the characteristics of "targeted" and "temporary solution". In addition, the continuous innovation of nucleic acid drug delivery system can effectively deliver nucleic acid drugs to target organs, and truly achieve targeted drug delivery.

  Long-acting drug 

On the whole, the effective action time of small nucleic acid drugs is longer than that of traditional small molecules and protein drugs. Taking siRNA drugs as an example, when the target mRNA is degraded, the RNA-induced silencing complex (RISC) can work circularly and participate in the next degradation of the target mRNA. In addition, the continuous innovation of chemical modification technology of nucleic acid drugs, including phosphate skeleton modification, glycosyl modification and base modification, can improve the stability and half-life of nucleic acid drugs, make the drug act longer, and greatly improve the compliance of patients with treatment. The long action cycle makes small nucleic acid drugs have competitive advantages in the fields of chronic diseases such as cardiovascular diseases.

  25201658273305724 

At present, the main nucleic acid drugs listed in the world are antisense nucleic acid (ASO), small interfering RNA(siRNA) and nucleic acid aptamer. In addition to nucleic acid aptamers (which may exceed 30 nucleotides), nucleic acid drugs are usually oligonucleotides composed of 12~30 nucleotides, also known as oligonucleotide drugs. In addition, miRNA, ribozyme and deoxyribozyme also show great development value in the treatment of many diseases. Nucleic acid drugs have become one of the most promising fields in biomedical research and development.       

 Examples of approved nucleic acid drugs

99621658273305772 Image source: Pharmaceutical Online

Compared with the existing small molecule and antibody drugs, small nucleic acid drugs have the advantages of fast target screening, high success rate of research and development, less drug resistance, wider therapeutic field and long-term effect, and have great development potential. Small nucleic acid drugs are expected to cover more indications, so their potential market scale is very broad. It is estimated that the global sales of small nucleic acid drugs will exceed 10 billion US dollars by 2025.

At present, a total of 14 small nucleic acid drugs have been approved for marketing in the world (three drugs were delisted in the early stage), including 9 ASO drugs, 4 siRNA drugs and 1 nucleic acid aptamer. After years of development, heavy products of small nucleic acid drugs have appeared, among which Nusinersen developed by Bojian and Ionis is the first drug used to treat spinal muscular atrophy in the world, and its global sales in 2021 reached US$ 1.951 billion, which is the highest-selling small nucleic acid drug at present. Inclisiran developed by Novartis and Alnylam is a long-acting lipid-lowering drug, which only needs to be injected twice a year, opening a new chapter in the application of small nucleic acid drugs to common chronic diseases. 5751658273305914 Shengnuo medicine The company has the exclusive delivery platform of polypeptide nanoparticles (PNP) in the world, and uses it to develop innovative biopharmaceutical drugs for a variety of disease indications, including oncology, fibrotic diseases and disorders, viral infections and metabolic diseases. At present, STP705, the core product, is the first candidate drug that has achieved positive clinical results in the field of oncology.

  Aibo biology At present, the company’s pipeline covers the fields of infectious disease prevention and tumor immunity, among which the mRNA vaccine developed for COVID-19 has entered the international multi-center phase III clinical research and obtained the drug production license.

  Agner biology The company has independent intellectual property rights of GalPET liver targeting RNAi and lipid nanoparticles (LNP) delivery core platform technology. In March, 2022, COVID-19 mRNA vaccine developed by Agner Bio and Ruibo Bio carried out Phase II clinical trial. 

Ruibo biology Is a nucleic acid technology as the core, the company not only has a variety of chemically modified oligonucleotide drug production capacity and large-scale production base, but also can provide the whole industrial chain production and development services from plasmid manufacturing, raw materials and enzyme production, to mRNA production and LNP preparation and filling of mRNA vaccines. 

Ruibo biology China is the main pioneer of small nucleic acid technology and small nucleic acid pharmacy, and four products are in the clinical research stage. According to the unsatisfied clinical needs, the pipeline of products under research is formed around many diseases such as liver disease, cardiovascular disease, metabolism, ophthalmology and rare diseases.

  Shenxin biology Focus on the development of preventive and therapeutic mRNA vaccines and drugs. Nearly 5000 LNP libraries have been constructed, and LNP vectors suitable for different treatment scenarios have been screened, which has created excellent conditions for the continuous research and development of mRNA product pipelines. With its leading LNP delivery technology platform, we firmly believe that biology has built research and development pipelines in four major directions: infectious diseases, rare diseases, tumor therapeutic vaccines and tumor immunotherapy enhancers.

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Shang Xiaodong, a researcher involved in the ocean: Only by mastering the initiative of scientific and technological innovation will you have the right to speak.

  ■ Approaching model veterans

  Standing on the deck, looking at the vast sea, Shang Xiaodong often feels the smallness of human beings and has a long way to go. He used to be a heroic and vigorous teacher of the Armed Police Force. He served for 26 years and trained a large number of military talents for the army. After retiring for more than 10 years, he grew up to be a physical oceanographer with great love. As a second-class researcher in south china sea institute of oceanology, he trudged on the road of accelerating the construction of a maritime power for ten years.

  Whether he is in a youthful army or marching on a challenging scientific research road, he sticks to his ordinary and great post, and works hard and diligently. A few days ago, Shang Xiaodong was rated as a national model veteran. "Defending the country is the first duty of a soldier. Although he has retired, the blood of a soldier still flows in his veins, but the form of serving the motherland is different. It is my ideal and my responsibility to explore the mysteries of the ocean and help build a maritime power. " Shang Xiaodong said.

  Step into the army and concentrate on teaching

  In 1977, the college entrance examination was resumed, and a classmate of Shang Xiaodong was admitted to the university. "In high school, my grades were better than his. He went to college. Why can’t I?" Shang Xiaodong, who was working as an apprentice in the workshop at that time, once again ignited the infinite desire for knowledge. In 1979, 17-year-old Shang Xiaodong was admitted to Taiyuan University of Technology (formerly Taiyuan Institute of Technology) to study in the Department of Applied Physics.

  In 1983, after graduating from university, Shang Xiaodong was assigned to the Command College of the Chinese People’s Armed Police Force (formerly the Chinese People’s Armed Police Force School) as a teacher. When he reported for duty, the receptionist told him, "Step through this gate and you will be enlisted." Shang Xiaodong was stunned and felt a little surprised: "I thought it was impossible to be a soldier in my life, but I didn’t expect to realize my military dream one day."

  Every day before dawn, Shang Xiaodong went out to exercise and practiced basic training for more than three months, quick march, marching forward and saluting … … He began to be strict with himself by the standards of a soldier. The newly established Armed Police Command College is in a difficult situation, with rain and cement roads, sunny days and grey roads, and insufficient teachers. It has to teach three or four hundred students in one class. "At that time, there was no microphone. If the students in the last row heard it, they had to shout. After a few classes, my voice became hoarse. "

  "At that time, everyone gathered from all directions, cherished valuable learning opportunities, and were enthusiastic about contacting new knowledge, hungry and racing against time." Due to poor conditions, Shang Xiaodong’s office is home. During the day, he works here, and at night, it becomes his dormitory. "Some students have learned to forget all about eating and sleeping. They knock on the office door at one or two in the evening and ask me questions." Recalling the scene at that time, Shang Xiaodong still remembers it. "The spirit of studying hard is very touching."

  Shang Xiaodong’s students come from various units, all of whom are selected cadres at the battalion and regiment levels, and some of them later became generals. Facing the students who are ten or twenty years older than himself, he feels very happy to teach. "The troops are highly disciplined, and students will not be naughty in class. When attending classes, their waists are straight." In his view, although he is a teacher, he has also learned a lot from these students.

  "These students are not afraid of hardship. They are excellent in both study and training. They have the character of perseverance and tenacious struggle. It is worth learning from them." Shang Xiaodong believes that the word "teacher" is just a title. "I will learn from you if you are better than me, and everyone is a teacher."

  Besides teaching, Shang Xiaodong is also thinking about what he can do. At that time, when the troops were conducting field training, the stretcher for carrying the wounded was very heavy, and he thought about making some improvements on the stretcher. As soon as he started, he cooperated with universities and spent a year or two developing a collapsible stretcher. "Since then, a seed for scientific research has sprouted in my heart."

  Concentrate on scientific research to fill the gap

  After several years as a teacher, Shang Xiaodong felt that his knowledge was not enough. "Colleagues around you start to have masters, and their knowledge is updated faster and faster. That sense of urgency will continue to drive you forward."

  In 1994, Shang Xiaodong gave up his stable job as a teacher and was admitted to the Department of Mechanics of Tianjin University to study for a master’s degree. "In the past, my students were in their thirties. They studied hard and seriously. Now I am a student in my thirties. As a soldier, I can’t fall behind." Shang Xiaodong said with a smile that the students are all fresh graduates in their early 20 s. Although they may not be as good as them when they first went, they know how to cherish and suffer more when they are older.

  Shang Xiaodong devoted himself to scientific research. In order to complete an experiment, he spent a week in the laboratory every night; In order to ensure the truthfulness and accuracy of the experimental data, he bought his own parts and made his own experimental equipment. "If you are interested in this line, you will stick to it if you encounter difficulties." Shang Xiaodong said.

  Choice determines the direction and path of life. Shang Xiaodong studied for a doctorate and a postdoctoral degree in Hong Kong and the United States. In 2005, after completing his postdoctoral research in the United States, he gave up other options with extremely generous treatment and resolutely returned to China and entered south china sea institute of oceanology.

  "No matter how well it is done abroad, it is also someone else’s. I just want to come back and do something for my country. " This is a straightforward expression of his feelings about his home country, and it is also his real personal practice. He chose the field of marine science and technology, where his scientific research strength was still weak at that time, and was determined to dedicate what he had learned to the cause of a maritime power.

  For a long time, marine observation instruments have been monopolized by foreign countries, which has become a barrier to China’s marine research. Shang Xiaodong has a deep understanding of this point, which also urges him to gnaw hard bones and take the road of independent research and development of marine observation instruments.

  When Shang Xiaodong’s team didn’t develop the "fast temperature sensor for ocean detection", the price of selling it to China abroad was 35,000. I heard that Shang Xiaodong was developing it with his team, and the price was reduced to 25,000 abroad. Shang Xiaodong asked if the price could be reduced to 15,000. The other party clearly replied: "If you sell it at this price, you won’t make money yourself."

  After hard exploration, Shang Xiaodong and his team developed the "Fast Temperature Sensor for Ocean Detection" with the fastest response time in the world, with a response time of 7 milliseconds, which filled the domestic gap and broke the blockade of high-tech products that had been monopolized by foreign countries for a long time. "If the China market needs this kind of sensor in the future, just buy it from Professor Shang. We can’t make such a sensor with high quality and low price." Foreign sellers said.

  Shang Xiaodong knows that innovation is the soul of scientific research. Over the years, with the vision of promoting the construction of a maritime power, he has made a series of achievements in scientific research. He proved the law of heat transport in large-scale circulation driven by buoyancy based on the theory of "turbulent mixing length" by experiments, and clarified the debate in academic circles for more than 40 years. He first estimated the transport, generation and dissipation of mesoscale vortex energy in the global ocean, which has a far-reaching impact on the study of marine material energy transport and global climate change. He developed sensors for the country’s weapon "Haiyi" water glider, which made it "alert and clear" and could accurately detect the observation data of marine environment.

  In addition, as one of the leaders, he built China’s first deep-sea multidisciplinary observation system — — Xisha observation network, and made important scientific discoveries, was named the top ten scientific and technological progress of China Ocean in 2015. "Only by mastering the initiative of scientific and technological innovation will we have the right to speak." In this regard, Shang Xiaodong is deeply touched.

  Leading the scientific research, meticulous.

  In 2010, the scientific research ship "Experiment 3", funded by the National Natural Science Foundation and organized and implemented by the South China Sea Institute of Oceanography of the Chinese Academy of Sciences, carried more than 50 scientific researchers to carry out the 2010 multi-disciplinary comprehensive voyage investigation mission in the South China Sea. This is the "maiden voyage" of the National Natural Science Foundation of China, and Shang Xiaodong, as the chief scientist, carried out this scientific investigation.

  Sailing in the vast sea, there is no signal on the mobile phone, and the shortage of daily necessities is inevitable. "The sea was stormy and the weather was good and bad. One morning, the chef made a bowl of porridge, and the whole pot of porridge was buckled on the deck without waiting for dinner." Shang Xiaodong said that after sailing at sea for a week, there are no fresh vegetables, so you can only eat some ingredients that can be stored for a long time. However, for these expedition members, the curiosity of exploring the deep blue sea is enough to comfort the hard life at sea.

  After more than 30 days, the maiden voyage was a complete success. "At that time, everyone was very excited. We reached 8 degrees north latitude as far as possible and obtained a lot of valuable scientific data. In the past, we often went to 18 degrees north latitude and had to return because of financial constraints." Shang Xiaodong said.

  Since then, Shang Xiaodong has been the chief scientist for many times and led a team to the sea for scientific research. Before each departure, he will conduct a one-day safety training, telling the team members that everything on board should be careful, and the collected data should be checked repeatedly according to the operating specifications, and the scientific investigation should not be vague.

  For scientific research, he is meticulous, often busy until one or two in the middle of the night to get off work; He treats students seriously and responsibly. As long as students have research problems, they can call him 24 hours a day. "Mr. Shang likes to try new things and can blend in with young people. He is always full of energy and infects us." Chi Xu is a doctoral student of Shang Xiaodong. Talking about the tutor, he said: "At the end of a busy day at sea, students will get together to play games and teachers will join in. Teachers know that scientific research tasks should not only ensure everyone’s personal safety, but also take care of students’ emotions. "

  Someone said with a smile that Shang Xiaodong was born in this line of work, and no matter what boat he took, he would never get seasick. But he was glad that he had chosen the ocean. "In the face of the vast sea, human beings are really just a drop in the ocean. We must fear nature and explore the mysteries of the ocean without end."

  Nanfang Daily reporter Wang Xiangbo

  Intern Wang Yaolong

  Coordinator: Li Qiang

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SAIC New Energy Vehicles Rise! The first choice for urban white-collar commuters

Today, Xiaobian picked a car and introduced it to everyone. It is. As for the outstanding performance of the car, please read it together.

Let’s take a look at the appearance of Roewe i6 MAX EV. The front face of Roewe i6 MAX EV looks very comfortable and sporty. Coupled with the elegant headlights, the exquisiteness of the whole vehicle has been greatly improved. The car is equipped with LED daytime running lights, automatic opening and closing, delayed closing and so on. Coming to the car side, the car body size is 4722MM*1835MM*1493MM, and the car adopts elegant lines, which gives people a very sharp feeling. With large-sized thick-walled tires, the overall visual effect is very individual. In the design of the rear end, the rear end looks very comfortable, and the taillights look very fashionable and simple, very round and lovely.

Sitting in the car, the interior of Roewe i6 MAX EV adopts an avant-garde shape, which is consistent with the positioning of the car. The steering wheel of the car is well designed, made of genuine leather, and the shape is very fighting. Take a look at the central control. The design of the center console is reasonable, which makes the interior design quite layered and looks cool. Let Xiaobian introduce the dashboard and seats. The dashboard of this car presents a fashionable design style, and the shape takes the movement route. The car uses imitation leather seats, which are wide and thick and very comfortable to ride.

Roewe i6 MAX EV matched gearbox, 120KW, 280N.m, with good power performance.

Roewe i6 MAX EV trunk space performance is quite satisfactory. If some large objects need to be installed, the rear seats also support proportional tilting, which is enough for home use. At the same time, the car is equipped with anti-lock braking system (ABS), LED daytime running lights, brake assist (EBA/BAS, etc.), braking force distribution (EBD), traction control (ASR/TCS, etc.), main driver airbag and co-pilot airbag.

Such a car with the right price is enough to meet the daily practical needs, and it doesn’t take much thought to maintain it at ordinary times, and the cost performance is good. If you go offline and actually experience it, it is estimated that there will be many new gains.

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Regarding the market, crisis and turnaround, Vanke’s latest response

  Vanke held the 2023 annual performance promotion meeting online today. Zhu Jiusheng, president and CEO of Vanke Group, said at the meeting that, on the whole, the company still maintained and held the safety bottom line under the background of deep adjustment of the industry. Although the pressure on some short-term indicators, such as cash in hand and short-term debt ratio, has increased, these challenges are staged, and the company has made positive responses and received strong support from Shenzhen state-owned assets, major shareholders and financial institutions. Vanke has the confidence and ability to meet the current challenges.

  Zhu Jiusheng also said that Shenzhen Metro, Vanke’s major shareholder, is about to complete substantial support of tens of billions, and the new sources of funds are sufficient, and the original gap will certainly be made up.

  Zhu Jiusheng talks about financing pressure

  When talking about the financing status, Zhu Jiusheng said that the current financing status of Vanke is still normal, objectively speaking, there is pressure, but Vanke will certainly be able to make it through. He personally feels that this challenge related to financing has three aspects: first, the challenge brought by the imbalance of development business income and expenditure; The second is the challenge brought by the change of financing mode. In the past, it was possible to withdraw money at a large amount, but now it is necessary to transfer to the project and withdraw money according to the progress of the project; The third challenge is the layout of the whole business, that is, the rate of return of the business is not enough to cover the whole state of interest climbing.

  When talking about the financing plan, Zhu Jiusheng said that God closed a door of Vanke, and in the past, it was always the total credit financing. But it also opened two windows for Vanke. One of them is the real estate financing coordination mechanism, commonly known as the project white list. Vanke has selected more than 30 projects into the white list, and the list is still being reported. In addition, Vanke is also concerned about operating property loans. Vanke’s operating property loans increased by about 10 billion in the first three months of this year. Vanke is rich in resources and sufficient in assets for operating property loans. In the future, operating property loans will flourish.

  Zhu Jiusheng talks about cooperation with institutions

  Regarding the cooperation with banks, Zhu Jiusheng said that Vanke has long been a good strategic and long-term cooperative relationship with banks. Vanke has 8 short-list cooperative banks, 16 long-list cooperative banks and 26 long-term cooperative banks, which have long supported Vanke. When the industry’s downward sales decline and the return is reduced, banks are Vanke’s allies in risk prevention. He also said that before the bank loan, it was always a total credit loan, and the change of regulatory policy must turn to the project system. The mortgage model turned around overnight, with a conversion period of 1-3 years. Zhu Jiusheng mentioned that banks are concerned about three issues: where the first money flows, where the second asset items are, and whether the third cash flow and the value of goods are enough. These three questions are well answered, and the bank is definitely supportive.

  Regarding the cooperation with insurance funds, Zhu Jiusheng said that Vanke has cooperated with many insurance companies, and the insurance funds support the company in the form of "5+1+1+…" in terms of term setting. Sometimes the choice of "+"is in the insurance funds, and sometimes in Vanke, when it is close to "+",the two sides will sit down and talk. I am especially grateful to the major insurance companies for their long-term support to the company. Long-term patient funds have made Vanke more calm and resilient in its business operations. The support of insurance funds makes the company more determined on the road of transformation.

  Yu Liang: The market is obviously oversold in the short term.

  Regarding the future trend of the industry, Yu Liang, Chairman of Vanke’s Board of Directors, said that it is difficult for the industry to return to the past high point, but the prospect is still broad, and the view of "oversold market" has not changed. Yu Liang pointed out that we should look at the changes in the market from a dynamic perspective. He mentioned two aspects. One is that the housing demand still exists, and the other is that the urbanization process in China is not over. He predicted that the future housing demand construction will be maintained at around 1 billion square meters, which is a relatively certain value. However, in the past year, the construction area of newly started houses in China was less than 700 million square meters, which was 59% lower than the high point in 2019. Therefore, from this point of view, Yu Liang thought that the market should be oversold, and his views on the market remained the same as before.

  Regarding the focus of the company’s work in 2024, Zhu Jiusheng said that in 2024, the company should ensure a safe bottom line, and hope that the development business will persist in outperforming the general trend, the cash flow at the operational level will be positive, and the work of block trading and equity trading will be strengthened, and the return will reach more than 30 billion yuan. At the same time, Zhu Jiusheng proposed that the company will still firmly reduce leverage, promote the transformation of financing model, reduce interest-bearing debt by 100 billion yuan in the next two years, actively use financing tools such as operating property loans, fully integrate into the urban real estate financing coordination mechanism, and promote the transformation of financing model. The company will also promote the streamlining and high efficiency of the organization, maintain the stability of key employees, support business development, scrimp and save, and reduce management costs.

  Regarding the downgrade of the company’s rating, Zhu Jiusheng said that the rating of Vanke by major rating companies has indeed been downgraded, but there has been no fundamental change in the company’s fundamentals. The downgrade is certainly influential, but it has no major fundamental impact. At present, it seems that the impact is relatively limited.

  As for asset trading, Liu Xiao, executive vice president and chief operating officer of Vanke Group, said that in the future, the company will continue to promote the business model from heavy to light, and asset trading is an important path for the business from heavy to light and continuously improve its operating level. Therefore, the scale of asset trading of Vanke in 2024 will be larger than that in 2023. It is reported that the transaction amount of Vanke’s assets in 2023 was 12.3 billion yuan.

  No dividends for the first time since listing.

  As for the company’s dividend, according to Vanke’s 2023 annual report, no dividend will be distributed in that year, which is the first time that Vanke has not paid dividends since its listing. Zhu Xu, secretary of Vanke’s board of directors, responded that Vanke has always attached great importance to cash dividends to give back to shareholders, with a total dividend of 103 billion yuan for 31 consecutive years, with a historical average dividend rate of 33.3%, which is also 2.8 times that of Vanke’s equity financing over the years, which is what the company has always been proud of. Based on this background, it is really difficult for the board of directors to consider canceling the dividend in 2023.

  Zhu Xu said that the current industry is still undergoing deep adjustment. In January and February, the sales performance of the top 100 real estate enterprises fell by more than 50%, and the sales of Vanke fell by more than 40%. The confidence of the whole market is still recovering, and the uncertainty of operation still exists. Based on this, Vanke also made some communication with bond investors and equity investors in advance.

  According to Zhu Xu, Vanke investors have some differences in dividends. For example, creditor investors hope that the company will not pay dividends or reduce dividends, and keep more cash reserves to cope with the repayment of future creditor’s rights; Equity investors are divided into two categories, one is understandable, hoping that the company will not pay dividends and keep more cash reserves to ensure safe operation, and the other is hoping that the company can continue its previous dividend policy. Based on the opinions of creditor investors and equity investors, the board of directors decided to cancel the dividend in 2023 based on very in-depth discussions, so as to help the company better cope with the uncertainty in a special period and ensure operational safety. I sincerely urge investors to give the company an understanding.

  Yu Liang voluntarily reduced his salary to 10,000 yuan before tax every month.

  On the evening of March 28th, Vanke Group released its 2023 annual performance announcement. Under the background of losses of many listed real estate companies, Vanke Group, as the head enterprise of the industry, has not been spared. The announcement shows that in 2023, Vanke Group’s operating income was 465.74 billion yuan, down 7.6% year-on-year; The net profit attributable to shareholders of listed companies was 12.16 billion yuan, a decrease of 10.53 billion yuan or 46.4% compared with 22.69 billion yuan in 2022.

  In this context, the management of Vanke Group collectively chose to reduce salary in 2023: eight directors, supervisors and senior managers who worked full-time in Vanke Group voluntarily gave up their bonuses in 2023, and the pre-tax remuneration received from Vanke Group in 2023 totaled 7.661 million yuan; The pre-tax remuneration received by four independent directors from Vanke Group in 2023 totaled RMB 1.5 million.

  So far, the total pre-tax remuneration of Vanke Group management in 2023 has dropped to 9.16 million yuan, a decrease of 73.6% compared with 34.66 million yuan in 2022.

  In addition, since the disclosure of the report, Chairman Yu Liang of the Board of Directors, President Zhu Jiusheng and Chairman of the Board of Supervisors have voluntarily received a monthly salary of 10,000 yuan before tax. It is worth noting that this is not the first time that the management of Vanke Group has reduced its salary. In 2021, the net profit of Vanke Group’s parent company dropped from 41.5 billion yuan to 22.5 billion yuan, a decrease of 46%. Vanke faced the third profit decline in the past 30 years. Yu Liang voluntarily gave up all his bonuses in 2021 and received a pre-tax salary of 1.547 million yuan that year. Two years later, in 2023, Yu Liang’s salary in Vanke Group dropped to 1.27 million yuan again, with a monthly salary of about 100,000 yuan.

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Promote the high-quality development of disease control.

  From the fact that the incidence of preventable infectious diseases with multiple vaccines has dropped to the lowest level in history, to the fact that the national health emergency team has achieved full coverage in all provinces, from effectively curbing the epidemic of major infectious diseases such as AIDS to establishing an intelligent multi-point trigger monitoring and early warning system … China has accelerated the improvement of multi-sectoral cooperation mechanisms, implemented comprehensive prevention and control measures for infectious diseases, and made new progress in the development of disease control.

  Recently, the General Office of the State Council issued the Guiding Opinions on Promoting the High-quality Development of Disease Prevention and Control, which described a new blueprint for the development of disease control in China. How to further enhance the core competence of disease control? How to realize a game of chess in the national disease control system? Xinhua News Agency interviewed Shen Hongbing, deputy director of the National CDC, director of China CDC and academician of China Academy of Engineering.

adhere to problem oriented

Improve the core competence of disease control.

  Q: The guideline proposes to "strengthen China CDC". What core competencies does a powerful Chinese CDC need and how to improve them?

  A: The guidance puts forward new requirements for the capacity building of the national disease control system. As a state-level disease prevention and control institution, China CDC will orientate the function of benchmarking, adhere to the problem orientation, goal orientation and result orientation in view of the shortcomings and weaknesses exposed in the practice of epidemic prevention and control, and strive to improve the capabilities of public health monitoring, emergency response of infectious diseases and public health emergencies, national biosafety governance and laboratory inspection and testing, information construction and digital transformation of disease control, scientific and technological innovation and achievement transformation, public health personnel training, strategic decision-making consulting services of think tanks, and global public health governance.

  Among them, China CDC will focus on further optimizing the "vertical to the end, horizontal to the edge" direct reporting network of infectious diseases and public health emergencies, and establish an intelligent early warning multi-point trigger mechanism; Promote data exchange between information systems such as medical institutions and infectious disease monitoring systems; Strengthen data linkage monitoring and real-time sharing, and open up multi-sectoral data and information barriers; Improve the early warning system and information release system, and strengthen collaborative monitoring, rapid identification, and consultation and notification.

Cultivate scientific and technological strength of disease control strategy

Building Chinese Academy of Preventive Medicine

  Q: The guidance suggests that China CDC should put up the brand of Academy of Preventive Medicine. What considerations does China CDC have in promoting the construction of Chinese Academy of Preventive Medicine?

  A: At present, the "Sanding" plan of China CDC (Chinese Academy of Preventive Medicine) is being further optimized and adjusted. China CDC should take the listing of Chinese Academy of Preventive Medicine as an opportunity to support the construction of world-class CDC by comprehensively improving its scientific research capabilities.

  The overall goal of the construction of Chinese Academy of Preventive Medicine is to become a complete system, scientific discipline setting, prominent key specialties, comprehensive technical support, strong decision-making support, and high-quality personnel training, closely combine with the field needs, focus on major public health technical problems that threaten people’s lives and health, fully reflect the development direction of preventive medicine and other disciplines, and strive to promote the high-quality development of disease control.

  In order to achieve the above objectives, we will focus on strengthening the following three aspects. Including strengthening the cultivation of national strategic scientific and technological forces in the field of disease control, strengthening frontier exploration and the forward-looking layout of major national strategies, undertaking major scientific and technological research tasks of national disease prevention and control, and producing more original and significant achievements; Strengthen the training of talents, further stimulate and utilize the high-quality educational resources of China CDC, and vigorously promote cooperation with high-level public health colleges in universities; Innovative talent incentives and other operational mechanisms.

Focus on a game of national disease control.

Leading CDC at all levels to develop together.

  Q: The guidance puts forward "strengthening the business leadership and work coordination between higher-level disease control institutions and lower-level disease control institutions". How can China CDC strengthen its business leadership function for provincial and municipal CDC?

  A: This adjustment reflects that the state places more emphasis on the coordination and linkage between the higher and lower disease control institutions. As the "national team" of the national disease control system, China CDC should focus on a game of national disease control and lead the common development of disease control institutions at all levels in the country.

  Next, strengthen the business leadership of provincial CDC and regional public health centers, establish business assessment and evaluation mechanism and organize the implementation of supervision and inspection; Strengthen the laboratory qualification identification, ability recognition and quality control of disease control institutions at all levels; According to the needs of work, further strengthen business cooperation and information exchange with provincial, regional and military disease control institutions; At the same time, improve the mechanism of sending staff to local disease control institutions for exercise, attachment and cross-posting of local disease control institutions to China CDC, explore the establishment of resident workstations based on local disease control institutions, and effectively improve the business leadership of the center to local disease control institutions in various fields.

Serving the country strategy

China’s wisdom for global public health governance.

  Q: The guidance mentioned the global public health cooperation function among the functions to be strengthened by China CDC. How will China CDC play a greater role in global public health governance?

  A: In recent ten years, as an important part of foreign aid medical work, China CDC has actively carried out global public health cooperation. In 2014, China-Serbia Friendship Biosafety Laboratory was built in Sierra Leone, which played an important role in controlling the Ebola epidemic in West Africa; In 2023, the first phase project of the African Center for Disease Control and Prevention in China was officially completed and put into use, and the center sent six technical experts to Africa to carry out guidance and training.

  In the next step, China CDC will use the national "Belt and Road", BRICS cooperation and China-Africa cooperation mechanism and platform to fulfill its duties and tasks of serving the national strategy, and contribute wisdom in the process of reforming and improving the global public health governance system and building a community of human destiny.

  First, increase the training of global public health emergency response personnel and the construction of think tanks, actively carry out foreign cooperation and assistance in the field of public health, and promote the transformation of foreign aid from "blood transfusion" to "hematopoietic".

  The second is to mobilize the strength of the national disease control system, actively participate in the monitoring of global key infectious diseases and public health emergencies, strengthen the country’s global public health governance capacity, and build a biosafety barrier.

  The third is to strengthen policy dialogue and joint emergency response, focusing on cooperation in the fields of national health, major infectious diseases and antimicrobial resistance.

  Fourth, continue to expand diversified international partnerships and actively carry out exchanges and cooperation with international organizations, bilateral government public health institutions and non-governmental organizations.

  Xinhua News Agency, Beijing, January 5th

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People’s happy life is the greatest human right.

  People’s happy life is the greatest human right.

  Qiushi magazine editorial department

  "Since the day of its birth, the Communist Party of China (CPC) has made it his initial mission to seek happiness for the people of China and rejuvenation for the Chinese nation, and has been striving for the interests of the people for more than 100 years";

  "After a long and arduous struggle, China has successfully embarked on a road of human rights development that conforms to the trend of the times and suits its national conditions";

  "We have continuously developed people’s democracy throughout the process, promoted the protection of human rights and the rule of law, and safeguarded social fairness and justice. The people of China enjoy broader, fuller and more comprehensive democratic rights. The human rights of the people of China have been guaranteed as never before. ".

  On May 25, 2022, General Secretary of the Supreme Leader met with the United Nations High Commissioner for Human Rights, Bachelet, by video in Beijing. Combining the history and culture of China, he expounded in depth the major issues related to the development of human rights in China, and showed China’s principled position of devoting itself to safeguarding and guaranteeing human rights in all directions.

  It is the common pursuit of human society for everyone to fully enjoy human rights; It is the unremitting pursuit of the Communist Party of China (CPC) people to respect and protect human rights. Since the 18th National Congress of the Communist Party of China, the CPC Central Committee with the Supreme Leader as the core has insisted on respecting and safeguarding human rights as an important task in governing the country. The General Secretary of the Supreme Leader has made a series of important expositions and major arrangements, which have promoted the historic achievements of China’s human rights cause and made great contributions to the development of the world’s human rights cause. On February 25th, 2022, the 19th the Political Bureau of the Central Committee held the 37th collective study on the road of human rights development in China. The General Secretary of the Supreme Leader presided over the study and delivered an important speech entitled "Unswervingly Taking the Road of Human Rights Development in China to Better Promote the Development of China’s Human Rights Cause", which profoundly summed up the achievements in the development of China’s human rights theory and practice in the new era and put forward clear requirements for better promoting the development of China’s human rights cause in the new journey.

  — — On the historic achievements of China’s human rights cause.Emphasizing the history of the party’s struggle for a hundred years runs through the unremitting efforts of the party to unite and lead the people in striving for, respecting, safeguarding and developing human rights. Since the 18th National Congress of the Communist Party of China, we have insisted on respecting and safeguarding human rights as an important task in governing the country and promoting historic achievements in China’s human rights cause.

  — — Main features and valuable experience of China’s human rights development road.It is emphasized that we combine the Marxist view of human rights with the concrete reality of China and the excellent Chinese traditional culture, adhere to the leadership of the Communist Party of China (CPC), respect the people’s dominant position, proceed from China’s reality, adhere to the basic human rights with the right to subsistence and development as the first priority, adhere to the protection of human rights according to law, and actively participate in global human rights governance, thus embarking on a road of human rights development that conforms to the trend of the times and suits our national conditions.

  — — Key work on promoting the development of human rights in China.Emphasis should be placed on coordinating the two overall situations at home and abroad, deeply understanding the importance and urgency of doing a good job in human rights work, paying more attention to respecting and safeguarding human rights, focusing on promoting the all-round development of human rights undertakings and promoting the healthy development of human rights undertakings in China.

  Since the 18th National Congress of the Communist Party of China, China has won the battle against poverty in an all-round way, which has lifted nearly 100 million rural poor people out of poverty, solved the overall regional poverty and completed the arduous task of eliminating absolute poverty. The picture shows a collection of smiling faces (imposition photos) of poverty-stricken people taken in 2020. Xinhua news agency

  This important speech by the Supreme Leader General Secretary is ambitious, rich in connotation and profound in thought. It scientifically clarifies the basic concept and connotation of contemporary China’s concept of human rights, and provides a fundamental follow-up and action guide for the development of China’s human rights cause in the new era.

  Scientific guidelines for the development of human rights in China.

  General Secretary of the Supreme Leader adhered to the Marxist view of human rights, reviewed and summarized the thoughts and viewpoints of ancient thinkers in China and western enlightenment thinkers on human rights, and profoundly stated: "It is the common pursuit of human society to care for human life, value and dignity and realize that everyone enjoys human rights."

  General Secretary of the Supreme Leader has always attached great importance to human rights work. Since the 18th National Congress of the Communist Party of China, the General Secretary has made a comprehensive summary of human rights theory and practical exploration experience, combined with China’s history and reality, published a series of important expositions on respecting and safeguarding human rights, put forward a series of far-reaching new ideas, new ideas and new requirements that occupy the commanding heights of truth and morality, guided China’s human rights cause to make historic achievements in the new era, and contributed China’s wisdom and China’s plan to promote the progress of human rights in the world.

  — — "The governments of the Communist Party of China (CPC) and China have always respected and guaranteed human rights".The General Secretary of the Supreme Leader emphasized that "since its birth, the Communist Party of China (CPC) has made it its goal to seek happiness for the people and development for mankind". "China insists on combining the principle of universality of human rights with the reality of China, constantly promoting economic and social development, enhancing people’s well-being, promoting social fairness and justice, strengthening the protection of human rights under the rule of law, striving to promote the comprehensive and coordinated development of economic, social and cultural rights and civil and political rights, and significantly improving the level of protection of people’s rights to subsistence and development".

  — — "Unswervingly follow the road of human rights development in China".General Secretary of the Supreme Leader emphasized that "there is no universally applicable road to human rights development in the world, and there is no best human rights protection, only better". "We don’t develop the cause of human rights based on the standard proposed by the West. No matter at what stage of development, our human rights cause should be developed in accordance with China’s national conditions and people’s requirements. ""We have combined the Marxist concept of human rights with China’s specific reality and with China’s excellent traditional culture, summed up the successful experience of our party in uniting and leading the people to respect and protect human rights, and used the achievements of outstanding human civilization for reference to embark on a road of human rights development that conforms to the trend of the times and suits our national conditions. "

  — — Pursue the people-centered concept of human rights.General Secretary of the Supreme Leader emphasized that "people’s happy life is the greatest human right", "people’s yearning for a better life is our goal" and "promoting economic and social development is, in the final analysis, to continuously meet people’s needs for a better life".

  — — "The right to subsistence and development are the primary human rights".General Secretary of the Supreme Leader emphasized that "survival is the basis of enjoying all human rights" and "development is the key to solving all the problems in China". "In the new journey of building a socialist modern country in an all-round way, we must put the promotion of common prosperity of all the people in a more important position" and "let the broad masses of the people gain a more substantial, secure and sustainable sense of happiness".

  — — "Put people’s life safety and health in the first place".The General Secretary of the Supreme Leader emphasized that "human life is the most precious, life is only once, and it will never come again", "health is an inevitable requirement for promoting people’s all-round development", "We must do whatever it takes to protect people’s lives, and we can do it at all costs", "From babies born for more than 30 hours to elderly people over 100 years old, from foreign students studying in China to foreigners coming to China, every life has been fully protected. This is the best interpretation of the Communist Party of China (CPC)’s concept of governing for the people! This is the best embodiment of the moral concept of Chinese civilization that human life concerns the sky! This is also the best proof that Chinese people respect the humanistic spirit of life! "

  — — "Promote the all-round development of people".The General Secretary of the Supreme Leader emphasized that "the fundamental purpose of our Party to lead the people in building a well-off society in an all-round way, carrying out reform, opening up and socialist modernization is to continuously improve people’s material and cultural living standards and promote people’s all-round development by developing social productive forces", "safeguarding the economic, political, cultural and social rights and interests of workers and staff is the fundamental requirement of China’s socialist system and the sacred duty of the party and the state", and "the people of China are striving to realize the Chinese dream of the great rejuvenation of the Chinese nation, which will be.

  — — "It is more secure to promote the rights and interests of specific groups such as women and children, the elderly and the disabled".The General Secretary of the Supreme Leader emphasized that "the Chinese nation is a big family, and all families should live a good life", "women’s rights and interests are basic human rights", "we should adhere to the basic national policy of equality between men and women and safeguard the legitimate rights and interests of women and children", "vigorously carry forward the traditional virtues of filial piety and respect for the elderly, implement the preferential treatment policy for the elderly and safeguard the legitimate rights and interests of the elderly" and "all construction undertakings should include the cause of the disabled and constantly improve the protection system for the rights and interests of the disabled".

  ——“加强人权法治保障,保证人民依法享有广泛权利和自由”。最高领袖总书记强调,“要依法保障全体公民享有广泛的权利,保障公民的人身权、财产权、基本政治权利等各项权利不受侵犯,保证公民的经济、文化、社会等各方面权利得到落实”,“全面依法治国就是要坚持依法治国、依法执政、依法行政共同推进,坚持法治国家、法治政府、法治社会一体建设,推动司法公信力不断提高、人权得到切实尊重和保障”,“让人民群众在每一项法律制度、每一个执法决定、每一宗司法案件中都感受到公平正义”。

  党的十八大以来,在以最高领袖同志为核心的党中央坚强领导下,新疆人权事业不断得到新的发展和进步。图为2021年拍摄的新疆各族群众的笑脸合集(拼版照片)。 新华社发

  ——“为丰富人类文明多样性、推进世界人权事业发展作出更大贡献”。最高领袖总书记强调,“促进和保护人权是全人类的事业”,“中国主张加强不同文明交流互鉴、促进各国人权交流合作,推动各国人权事业更好发展”,“我们应该大力弘扬和平、发展、公平、正义、民主、自由的全人类共同价值,共同为建设一个更加美好的世界提供正确理念指引”。

  Historical achievements have been made in the cause of human rights in the new era

  Accompanied by the sound of whistle, a train full of goods left the platform from Alashankou railway port in Xinjiang and headed for Central Asia and European countries. In the first four months of 2022, the number of Central European (Central Asian) trains entering and leaving through the two ports of Horgos and Alashankou in Xinjiang has exceeded 4,000, an increase of 4.8% over the same period of last year.

  In recent years, the overall social situation in Xinjiang has been steadily improving, the level of high-quality economic development has been continuously improved, the degree of opening up has been expanding, all ethnic groups have worked together for common prosperity and development, and the political, economic, social and cultural rights of people of all ethnic groups have been effectively guaranteed.

  Today’s Xinjiang is in the best development period in history. The development achievements of Xinjiang are a microcosm of the development of human rights in China. Looking at China, on the vast land of more than 9.6 million square kilometers, everyone can develop themselves and contribute to society with dignity, and enjoy the opportunity to struggle in life and make their dreams come true together.

  In this important speech, General Secretary of the Supreme Leader profoundly summarized and systematically combed the historic achievements made in China’s human rights cause since the 18th National Congress of the Communist Party of China.

  — — "Achieving the goal of the first century, building a well-off society in an all-round way, historically solving the problem of absolute poverty and laying a more solid material foundation for the development of China’s human rights cause".Since the 18th National Congress of the Communist Party of China, the CPC Central Committee with the Supreme Leader as the core has made a strategic plan to resolutely win the battle against poverty, organized and implemented the unprecedented, strongest and most populous battle against poverty in human history, and completed the arduous task of eliminating absolute poverty. A well-off society in an all-round way is a well-off society with economic prosperity, political democracy, cultural prosperity, social justice and good ecology, a well-off society with balanced development of urban and rural areas and benefiting all people, and a well-off society that earnestly respects and comprehensively guarantees human rights. China has built a well-off society in an all-round way, which has consolidated the foundation of human rights, enriched the connotation of human rights and broadened its horizons, which means the all-round development of human rights and the sharing of all people, and has written a new chapter in the cause of human rights in China.

  — — "We will continue to develop people’s democracy throughout the process, promote the protection of human rights by the rule of law, resolutely safeguard social fairness and justice, and the people will enjoy broader, fuller and more comprehensive democratic rights."Good democracy is the foundation of freedom and human rights. The whole process of people’s democracy in China not only has a complete system and procedure, but also has a complete participation in practice, realizing the unity of process democracy and achievement democracy, procedural democracy and substantive democracy, direct democracy and indirect democracy, people’s democracy and national will. It is a full-chain, all-round and full-coverage democracy and the most extensive, authentic and effective socialist democracy.

  — — "Promote the realization of more adequate and higher-quality employment, build the largest education system, social security system and medical and health system in the world, and vigorously improve the quality of people’s living environment".The people’s yearning for a better life is our goal. Since the 18th National Congress of the Communist Party of China, we have continuously made new progress in providing education for young children, learning and teaching, earning income from labor, getting medical care for the sick, providing for the old, living and helping the weak. China has built the largest social security system in the world, including pension, medical care and social assistance. Citizens’ right to education is guaranteed, and free compulsory education in urban and rural areas is fully realized; Historical changes have taken place in the ecological environment, and the green map under the blue sky and white clouds is constantly expanding. Lucid waters and lush mountains are invaluable assets’s concept has become the consensus and action of the whole party and society.

  — — "Adhere to the people first, life first, effectively respond to the COVID-19 epidemic, and protect people’s life safety and health to the maximum extent".In the face of the sudden outbreak of COVID-19, the CPC Central Committee with the Supreme Leader as the core put people’s life safety and health first, insisted on putting people first, putting life first, keeping external defense input and internal defense rebound, keeping dynamic zero clearing, and making overall plans for epidemic prevention and control and economic and social development, which protected people’s life safety and health to the maximum extent, and achieved significant strategic results in the fight against epidemic.

  — — "Fully implement the party’s ethnic and religious policies, adhere to the equality of all ethnic groups, respect the religious beliefs of the masses, and safeguard the legitimate rights and interests of the people of all ethnic groups".Our Party insists on building a strong sense of the Chinese national community as the main line of the Party’s national work, establishes the Party’s strategies of governing Tibet and Xinjiang in the new era, consolidates and develops socialist ethnic relations of equality, unity, mutual assistance and harmony, and has embarked on a correct road to solve ethnic problems with China characteristics. Adhere to the China orientation of China’s religions and actively guide religions to adapt to the socialist society.

  — — "Deepen the reform of the judicial system, strengthen the construction of a peaceful China and a China ruled by law, carry out in-depth education and rectification of political and legal personnel, comprehensively carry out a special struggle to eliminate evils, severely crack down on all kinds of illegal crimes, maintain long-term social stability, and effectively protect people’s lives and property."The rule of law is an important guarantee of human rights. Since the 18th National Congress of the Communist Party of China, the CPC Central Committee with the Supreme Leader as the core has made a major strategic plan to comprehensively govern the country according to law from the height of promoting the modernization of the national governance system and governance capacity, and has placed respect and protection of human rights in a more prominent position in the construction of a socialist country ruled by law, thus opening a new era in the construction of human rights ruled by law in China.

  — — "The only major country in the world that has continuously formulated and implemented four national human rights action plans".China unswervingly promotes the development of human rights and responds to the United Nations initiative to formulate a national human rights action plan. Since 2009, four national human rights action plans have been formulated and implemented successively, which have promoted the continuous improvement of people’s living standards and ensured all rights more effectively, and made important contributions to the development of human rights in the world. The United Nations Human Rights Council and international human rights experts have highly affirmed China’s continuous formulation and implementation of the national human rights action plan.

  — — "Actively participating in global human rights governance, making China contribution to the development of human rights in the world and providing China’s plan".Taking the road of human rights development that suits you is an important foundation for the healthy development of international human rights. The unprecedented protection of the human rights of more than 1.4 billion people in China is itself a great contribution to the progress of international human rights. China insists on combining the principle of universality of human rights with the reality of China, and insists on taking the right to subsistence and development as the primary basic human rights, which has provided important experience for the development of human rights in all countries, especially in developing countries. In recent years, resolutions of the United Nations Human Rights Council have been written into "Building a Community of Human Destiny", and the United Nations Human Rights Council has won wide approval and support from the international community through resolutions such as "Development’s contribution to the enjoyment of all human rights" and "Promoting win-win cooperation in the field of human rights" proposed by China.

  成功走出了中国特色人权发展道路

  1991年11月,《中国的人权状况》白皮书发布。30多年来,我国又陆续发布《西藏的主权归属与人权状况》、《中国人权事业的进展》、《中国司法领域人权保障的新进展》、《中国的减贫行动与人权进步》、《新疆人权事业的发展进步》、《全面建成小康社会:中国人权事业发展的光辉篇章》等多个人权主题的白皮书。特别是2021年6月,在中国共产党成立100周年之际发布的《中国共产党尊重和保障人权的伟大实践》白皮书,全面介绍了中国共产党推进中国人权事业发展的历程、理念和成就,系统阐释了中国人权发展道路的伟大实践、鲜明特点和世界意义。

  There is no ready-made rules and regulations to respect, protect and develop human rights in China. We must proceed from our own reality and follow our own path of human rights development. In this important speech, the Supreme Leader General Secretary summarized the main characteristics of China’s human rights development path from six aspects, such as "adhering to the Communist Party of China (CPC)’s leadership".

  — — "Adhere to the leadership of the Communist Party of China (CPC)".Without the Communist Party of China (CPC), there would be no new China, and there would be no happy life for the people of China. The Communist Party of China (CPC)’s leadership is the fundamental guarantee for the development of human rights in Chinese and the fuller enjoyment of human rights by the people of China. China adheres to the unity of the Communist Party of China (CPC)’s leadership, the socialist system and the respect and protection of human rights. General Secretary of the Supreme Leader profoundly stated: "the Communist Party of China (CPC)’s leadership and China’s socialist system have determined the socialist nature of China’s human rights cause, and determined that we can ensure that the people are masters of their own affairs, adhere to equal sharing of human rights, persist in planning human rights construction with systematic thinking, promote the all-round development of all kinds of human rights, and constantly realize, safeguard and develop the fundamental interests of the overwhelming majority of the people."

  — — "Insist on respecting the people’s dominant position".Whether a country’s human rights situation is good or not depends on whether its people’s interests are safeguarded and whether people’s sense of gain, happiness and security is enhanced, which is the most important criterion to test a country’s human rights situation. General Secretary of the Supreme Leader stressed: "Taking the people’s interests as the starting point and the end result, constantly solving the most direct and realistic interests of the people, and striving to make the people live a happy life, this is the greatest human right." Human rights are not the privilege enjoyed by some people or a few people, but the universal human rights enjoyed by the broad masses of the people. We protect the people’s democratic rights, fully stimulate the enthusiasm, initiative and creativity of the broad masses of the people, make the people the main participants, promoters and beneficiaries of the development of human rights, and effectively promote the all-round development of people and the common prosperity of all people to achieve more obvious substantive progress.

  — — "Insist on proceeding from China’s reality".Different countries have different national conditions, different historical cultures, different social systems, and different levels of economic and social development. Therefore, we must and can only proceed from our own reality and people’s needs to explore a path of human rights development that suits us. Being divorced from reality and completely copying other countries’ institutional models will not only be acclimatized, but also bring disastrous consequences, and the people will ultimately suffer. General Secretary of the Supreme Leader clearly pointed out: "The development path of human rights in all countries must be decided according to their national conditions and the wishes of their own people." We combine the principle of universality of human rights with the reality of China, promote the development of human rights from China’s national conditions and people’s requirements, and ensure that people enjoy extensive, full, real, concrete and effective human rights according to law.

  — — Adhere to the basic human rights with the right to subsistence and development as the first priority.The connotation of human rights is comprehensive and rich, and it must be comprehensively implemented and systematically promoted. For developing countries, the right to subsistence and development are the primary human rights. General Secretary of the Supreme Leader pointed out: "Survival is the basis of enjoying all human rights, and people’s happy life is the greatest human right." We fully, accurately and comprehensively implement the new development concept, adhere to the people-centered development idea, insist that development is for the people, development depends on the people, and development results are shared by the people, focus on solving the most direct and realistic interests that the people are most concerned about, focus on solving the problem of insufficient development imbalance, and strive to achieve higher quality, more efficient, fairer, more sustainable and safer development, so as to enrich the people’s sense of acquisition, happiness and security in development.

  — — Adhere to the protection of human rights according to law.The rule of law is the basic way of governing the country, and human rights are the symbol of human civilization and progress. General Secretary of the Supreme Leader pointed out that "the rule of law is the most effective guarantee of human rights". It is the Communist Party of China (CPC)’s firm will and unremitting pursuit to govern the country according to law in an all-round way, improve the level of legal protection of human rights in an all-round way, and ensure that people enjoy more full rights and freedoms. We adhere to equality before the law, respect and protect human rights throughout all aspects of legislation, law enforcement, judicature and law-abiding, speed up the improvement of the legal system that embodies fairness in rights, opportunities and rules, protect citizens’ personal rights, property rights and personality rights, protect citizens’ basic political rights such as democratic election, democratic consultation, democratic decision-making, democratic management and democratic supervision, and protect citizens’ economic, cultural, social and environmental rights.

  At the Beijing Paralympic Winter Games, the athletes of the China delegation participated in all events, bravely surpassed, strived for self-improvement, and worked hard in unity, playing a tenacious and optimistic song of life, which not only reflected the sports spirit and strength of the disabled, but also reflected the achievements of human rights protection and national development in China. The picture shows Yang Hongqiong, an athlete of the China delegation, competing in the short distance (sitting position group) of the Paralympic cross-country skiing on March 9, 2022. Xinhua News Agency reporter Yang Guanyu/photo

  — — "Insist on actively participating in global human rights governance".The development of human rights is the common cause of all mankind and requires the joint efforts of all countries in the world. General Secretary of the Supreme Leader stressed: "All countries have the right to choose their own path of human rights development, and different civilizations and countries should respect each other, tolerate each other, communicate with each other and learn from each other." We have always adhered to the purposes and principles of the Charter of the United Nations, actively participated in global human rights governance, promoted the common values of all mankind, practiced true multilateralism, actively participated in the reform and construction of the global governance system, including human rights, and promoted the building of a community of human destiny, not only striving to improve the level of human rights development in our country, but also actively promoting the development of international human rights.

  These "six persistences" are not only the main features of China’s human rights development, but also the valuable experience of China’s human rights development, which must be constantly adhered to and developed in light of new practices.

  Promote the healthy development of China’s human rights cause

  "The governments of the Communist Party of China (CPC) and China adhere to the people-centered development ideology, always put the people’s interests in the supreme position, take the people’s yearning for a better life as the goal, and constantly improve the level of respecting and safeguarding the basic rights of the people of China."

  Since the 18th National Congress of the Communist Party of China, under the strong leadership of the CPC Central Committee with the Supreme Leader as the core, and under the scientific guidance of Socialism with Chinese characteristics Thought in the new era of the Supreme Leader, our party has led the people to achieve the goal of the first century of struggle as scheduled, and fulfilled the solemn commitment made to the people and history. Now, our party leads the people to start a new journey of building a socialist modern country in an all-round way and marching towards the goal of the second century, which is a new starting point for the development of Chinese’s rights cause. In this important speech, General Secretary of the Supreme Leader made key arrangements for promoting the healthy development of China’s human rights cause from five aspects.

  — — "Promoting the all-round development of human rights".On the new journey, how to promote the all-round development of human rights? The General Secretary of the Supreme Leader put forward a clear request: "Adhere to the road of human rights development in China, conform to the people’s expectations for a high-quality and better life, constantly meet the people’s growing demand for rights in many aspects, make overall plans to promote the construction of economic development, democracy and the rule of law, ideology and culture, fairness and justice, social governance, environmental protection, etc., and comprehensively do a good job in employment, income distribution, education, social security, medical care, housing, pension, child care, etc., in material civilization,

  — — "Strengthening the protection of human rights by law".The fundamental purpose of governing the country in an all-round way according to law is to protect people’s rights and interests according to law. The General Secretary of the Supreme Leader put forward two requirements: First, deepen the reform in the field of the rule of law, improve the mechanism for safeguarding human rights by the rule of law, and realize the full chain, whole process and all-round coverage of respecting and safeguarding human rights in legislation, law enforcement, judicature and law-abiding, so that the people can feel fairness and justice in every legal system, every law enforcement decision and every judicial case. The second is to systematically study, plan and solve outstanding problems that the people have strongly reflected in the field of rule of law, treat people’s demands fairly according to law, and resolutely put an end to things that hurt people’s feelings and harm people’s rights and interests due to judicial injustice. The general secretary particularly emphasized that "all acts that infringe upon the legitimate rights of the masses and all phenomena that are indifferent and indifferent to the infringement of the rights and interests of the masses must be seriously investigated and dealt with according to discipline and law, and resolutely pursued."

  — — "Carry forward the correct concept of human rights".The General Secretary of the Supreme Leader put forward six requirements: First, extensively carry out human rights publicity and knowledge popularization, and create a good atmosphere for respecting and safeguarding human rights in the whole society. The second is to carry out human rights knowledge education among all the people, especially the vast number of teenagers, and bring the education of Marxist human rights view and contemporary China human rights view into the national education system. The third is to strengthen the human rights knowledge training for public officials, especially grass-roots public officials. The fourth is to give full play to the advantages of group organizations and promote the rights and interests of specific groups such as women and children, the elderly and the disabled. Fifth, relying on the vivid practice of the development of China’s human rights cause, refining original concepts and developing China’s human rights discipline system, academic system and discourse system. Sixth, strengthen the construction of human rights think tanks and human rights research bases, and strive to train a group of high-end human rights experts with solid theory, excellent academic skills, familiarity with international rules and the ability to tell human rights stories in China.

  — — "Actively promote global human rights governance".General Secretary of the Supreme Leader has repeatedly stressed that the people of China are willing to work with the people of other countries to uphold the common human values of peace, development, fairness, justice, democracy and freedom, safeguard human dignity and rights, promote the formation of a more just, reasonable and inclusive global human rights governance, jointly build a community of human destiny and create a better future for the world. In this important speech, the General Secretary put forward requirements from three aspects: First, carry forward the common values of all mankind, adhere to the concepts of equality, mutual trust, tolerance and mutual learning, win-win cooperation and common development, and promote the development of global human rights governance in a more fair, just, reasonable and inclusive direction. Second, actively participate in United Nations human rights affairs, extensively carry out international human rights exchanges and cooperation with other countries, especially developing countries, and play a constructive role. Third, give full play to the role of the China Society for Human Rights Studies and the China Foundation for Human Rights Development, and enhance their influence on multilateral human rights institutions such as the United Nations.

  On May 7th, 2021, the diplomatic envoys of 13 countries attending the Seminar on Poverty Reduction, Development and Human Rights in China in Ningde, Fujian visited north village, Qidu Town. China News Agency issued Chi Rong/photo

  — — "Actively carry out the international human rights struggle".Human rights are historical, concrete and realistic, and we cannot talk about human rights in isolation from the social and political conditions and historical and cultural traditions of different countries. Evaluating whether a country has human rights cannot be measured by the standards of other countries, let alone double standards, or even regard human rights as a political tool to interfere in other countries’ internal affairs. In recent years, some western countries’ own human rights problems have become increasingly prominent, but they have used human rights issues to interfere in other countries’ internal affairs under the banner of so-called "universal human rights" and "human rights are above sovereignty", resulting in frequent wars, long-term social unrest and people’s displacement in some countries. The General Secretary of the Supreme Leader clearly pointed out that on the issue of human rights, there is no need for "teachers" who dictate to other countries, let alone politicizing and instrumentalizing human rights issues, engaging in double standards and interfering in other countries’ internal affairs under the pretext of human rights. In this important speech, the general secretary put forward four requirements: First, grasp the strategic initiative. Second, focus on telling China’s human rights story well, and use visual and concrete expressions to enhance the attraction, appeal and influence of contemporary China’s human rights view. The third is to maximize the international consensus on human rights and occupy the moral commanding heights of human rights. Fourth, guide overseas China enterprises to enhance their human rights awareness and self-confidence, and effectively deal with the human rights abuse cases planned by some western countries.

  The times are developing and human rights are progressing. China, in combination with its own reality, has embarked on a road of human rights development suited to its own national conditions. Under the strong leadership of the CPC Central Committee with the Supreme Leader as the core, and under the scientific guidance of Socialism with Chinese characteristics Thought in the new era of the Supreme Leader, the people of China will continue to write a new chapter in the cause of human rights in China and make greater contributions to enriching the diversity of human civilization and promoting the development of human rights in the world!

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One-week inventory | Xiaomi Group Hong Kong stocks fell by 8.22% last week, and CMB Securities gave an overweight rating.

[trend of individual stocks]

May 20-May 24

Last week, the Hang Seng Index fell by 4.83% and the Hang Seng Technology Index fell by 7.61%.

Xiaomi Group -W Hong Kong stocks fell 8.22% last week.Last week, the total turnover was HK$ 12.242 billion. As of last week’s close, the stock price of Hong Kong stocks was HK$ 1.830 and the market value was HK$ 456.684 billion. Hong Kong stocks rose 5.66% this month, 17.31% this year and 74.29% in the last 52 weeks.

[Company comparison]

Securities code Securities abbreviation Latest price Last week’s ups and downs Up and down this month Up and down this year 52-week ups and downs MSFT Microsoft $430.16 2.37% 10.49% 14.39% 29.22% AAPL apple $189.98 0.06% 11.54% -1.32% 8.29% BB blackberry $2.88 -2.04% 3.23% -18.64% -44.93% 02018 Ruisheng technology HK$ 24.60 2.07% -1.6% 6.03% 49.09% 00285 Byd electronic HK$ 33.00 -2.37% 24.06% -9.84% 48.65% 02038 Fuzhikang group 0.76 hong kong dollars -3.8% -13.64% 24.59% -3.8% 02382 Shunyu optics technology HK$ 42.25 -3.87% 10.03% -40.37% -45.73% 01478 Qiutai technology HK$ 3.68 -5.64% 13.23% -17.12% 17.57% 01810 Xiaomi group -W 18.30 hong kong dollars -8.22% 5.66% 17.31% 74.29%

[Related News]

After three years of building a car, Xiaomi employees increased by 12,000.

In the three years since Xiaomi built the car, the total number of employees has expanded by 50%. By the end of March, Xiaomi had 35,400 employees, 12,000 more than three years ago, equivalent to the total number of Xiaopeng Automobile. The ideal of the fastest-growing number of employees in the new forces was about 31,600 at the end of last year, and the number of employees is being reduced in the near future. (Auto later)

Xiaomi Automobile: Guaranteed to deliver more than 10,000 vehicles in June.

Xiaomi Auto Weibo: Guaranteed to deliver more than 10,000 vehicles in June. At the same time, under the premise of a substantial increase in production capacity, we promise to deliver over 100,000 vehicles in 2024 and sprint 120,000 vehicles.

Lu Weibing, President of Xiaomi Group: It is true that new models are being developed, but at present, the focus is mainly on ensuring the delivery of Xiaomi SU7.

According to Cailian, Lu Weibing, president of Xiaomi Group, said at the performance meeting that Xiaomi does have other models under development, but at present, the company’s energy is all on the delivery of Xiaomi SU7. There is a strict confidentiality system for new models internally, and it is not yet time to disclose them.

Lei Jun: Xiaomi Automobile will deliver at least 100,000 units and sprint 120,000 units this year.

Lei Jun said that in June, Xiaomi Automobile Factory will start double shifts and deliver at least 10,000 units that month. Xiaomi Automobile will deliver at least 100,000 units and sprint 120,000 units this year.

Xiaomi SU7 sprints 120,000 vehicles in 2024.

The reporter learned from authoritative sources that with the continuous high order volume of Xiaomi SU7, the new car delivery target will be 120,000 vehicles in 2024. Previously, the SU7 delivery target disclosed by Xiaomi was more than 100,000 vehicles. (Securities Times)

Xiaomi: The target is to deliver more than 10,000 new cars in a single month in June.

Xiaomi Group said that our goal is to deliver more than 10,000 new cars in a single month in June 2024.

Xiaomi Group: As of April 30, 2024, the cumulative number of orders locked in Xiaomi SU7 series reached 88,063.

Xiaomi Group: As of April 30, 2024, the cumulative number of orders locked in Xiaomi SU7 series reached 88,063.

Xiaomi Group: In 2024, Q1 revenue was 75.5 billion, a year-on-year increase of 27%.

The Hong Kong Stock Exchange of Xiaomi Group announced that in the first quarter of 2024, the company’s total revenue reached 75.5 billion yuan, a year-on-year increase of 27%; The adjusted net profit was RMB 6.5 billion, up 101% year-on-year. During the period, the revenue of smartphone business was 46.5 billion, up 32.9% year-on-year, and the global shipment was 40.6 million units, up 33.7% year-on-year. The revenue from IoT and consumer products business was 20.4 billion, up 21% year-on-year, and the gross profit margin reached a new high of 19.9%. Internet service revenue was 8 billion, up 14.5% year-on-year, and overseas Internet service revenue increased 39% year-on-year. In addition, the company continued to invest in AI and smart cars, with R&D expenditure of 5.2 billion, a year-on-year increase of 25.4%. Xiaomi Group also actively repurchased shares, with the amount of repurchase reaching HK$ 2.25 billion this year.

Xiaomi pursues smart driving, and former Tucson CTO Wang Naiyan will join.

According to 36Kr, Wang Naiyan, former CTO of Tucson China, will join Xiaomi Automobile and report to Ye Hangjun, Chairman of Xiaomi Technical Committee and Head of Autopilot of Xiaomi Automobile. In this regard, 36Kr Auto confirmed to Xiaomi related people. Previously, Wang Naiyan led the R&D and management of Tucson’s future China, and was also responsible for the development of L2-level assisted driving and L4-level automatic driving schemes.

Xiaomi: The report that Xiaomi no longer uses the relevant plots of Xuhui Riverside is seriously inaccurate.

According to Weibo, spokesman of Xiaomi Company. Recently, some media reports that Xiaomi no longer uses the relevant plots of Xuhui Riverside are seriously inaccurate. We specifically clarify as follows: Xiaomi’s business development in Shanghai is smooth as usual, and the so-called "construction stranded", "margin loss" and "government confiscation" are completely inaccurate and completely false. The related matters of xh128D-07 plot in Xietu Street in Xuhui District are implemented according to the development needs and procedures.

Xiaomi Shanghai retreats? Response: The municipal planning land has changed, and the government has a demand for storage.

Recently, it is reported that a commercial office land in Xuhui Riverside, the core area of Shanghai, which Xiaomi acquired at a cost of 1.55 billion yuan three years ago, has been re-listed in the 2024 land reserve plan, and it is suspected that Xiaomi has retired. Xiaomi may lose 310 million yuan in deposit, or even 1.55 billion yuan in total land price. On May 22, Wang Hua, the head of Xiaomi’s public relations, responded to the The Paper reporter that this was a change in the municipal planning land, and the government needed to purchase and store it. However, Xiaomi did not respond to the deposit. On the same day, the reporter called the relevant departments of Xuhui District Planning and Natural Resources Bureau, and the staff replied that the official release shall prevail. (The Paper)

Xiaomi and () joint venture company landed in Yizhuang, Beijing.

Recently, Beijing Times Power Battery Co., Ltd. was incorporated in Yizhuang, Beijing with a registered capital of 1 billion yuan, and its business scope is battery manufacturing. The four major shareholders of the joint venture company are Xiaomi Automobile, Jingneng Technology Contemporary Amperex Technology Co., Limited and Beiqi Hailanxin. According to the previous announcement (), in the joint venture company, BAIC Hailanxin holds 39%, Contemporary Amperex Technology Co., Limited holds 51%, Jingneng Technology and Xiaomi Automobile each hold 5%; This investment is conducive to ensuring the stable supply of the company’s power batteries, promoting the application of new products and technologies of power batteries in the company’s vehicle products first, and helping to enhance the market competitiveness of the company’s products. And after the establishment of the joint venture company, it will invest in the construction of an intelligent manufacturing factory for battery cells in Beijing, and the battery cells are the smallest unit of the battery system. (Beijing Yizhuang WeChat official account)

Following the retreat of Ant Group in Hangzhou, Xiaomi withdrew from Shanghai, and the land was not developed within 2 years after taking the land.

Following the retreat of Ant Group in Hangzhou, on May 21, it was reported that a commercial office plot taken by Xiaomi Group in Xuhui District of Shanghai had also been retired. In response to Shanghai’s retreat, the reporter sent an interview outline to Xiaomi, but as of press time, the other party did not reply. However, according to the documents issued by the Shanghai Municipal Bureau of Planning and Natural Resources, the plot has indeed "retreated". Because Xiaomi didn’t develop the plot within two years after taking the land, in March this year, the Shanghai Municipal Bureau of Planning and Natural Resources reclaimed the plot again and included it in the land reserve plan of Xuhui District this year. (China Real Estate News)

Xiaomi SU7 intelligent driving failed twice at high speed. Xiaomi Automobile Customer Service: It is a case, and problems must be dealt with.

According to a report by Red Star News on May 21st, Mr Nie, a Xiaomi owner from Foshan, Guangdong Province, said that Xiaomi SU7, who had been driving for less than one month during the May 1st period, failed to drive on the expressway twice. After the accident, until May 10th, the vehicle failure report was still not received, so we had to agree to Xiaomi’s car return plan, and both parties signed a car repurchase agreement. Mr. Nie said that Xiaomi Auto’s online customer service said: "The cause of vehicle failure cannot be determined at present, and professionals are needed to test it." In response to the above news, the reporter of national business daily tried to contact Xiaomi Automobile for verification, but as of press time, there was no response. However, when the reporter called the customer service phone of Xiaomi Automobile to inquire about the failure of intelligent driving, the other party said: "The failure of intelligent driving is a case. If there is a problem, you can contact the after-sales department to solve it accordingly, or you can choose to go to the store for testing." In response to the reporter’s question about how to ensure that similar problems will not recur in other vehicles, the above-mentioned customer service staff said: "(We) can’t ensure that there is definitely no problem with the vehicle, but if there is a problem, (we) will definitely deal with it."

In the first hour of the sale of Tmall 618, the turnover of Apple exceeded 1.5 billion, and the turnover of Huawei, Xiaomi and vivo exceeded 100 million.

According to CBN, Tmall 618, the first one to cancel the pre-sale, was officially launched at 8: 00 pm on May 20, and it was sold for one hour. The turnover of Apple exceeded 1.5 billion, and the turnover of brands such as Huawei, Xiaomi and vivo also quickly exceeded 100 million.

Xiaomi Auto Contemporary Amperex Technology Co., Limited and other joint ventures were established.

Enterprise search APP shows that recently, Beijing Times Power Battery Co., Ltd. was established with Meng Xiangfeng as its legal representative, with a registered capital of 1 billion yuan, and its business scope is battery manufacturing. Enterprise survey shows that the company is jointly owned by Xiaomi Automobile Technology Co., Ltd., Contemporary Amperex Technology Co., Limited New Energy Technology Co., Ltd. and Beijing Jingneng Technology Co., Ltd.. According to previous reports, the company will invest in building an intelligent manufacturing factory for batteries in Beijing.

[Hong Kong stock rating]

On May 24th, CMB Securities gave Xiaomi Group -W an overweight rating with a target price of HK$ 25.39.

On May 24th, open source securities gave Xiaomi Group -W a buy rating.

On May 22nd, China Merchants Securities gave Xiaomi Group -W an overweight rating.

This article comes from the theme of Hong Kong-US Datalink. Click to read more about Hong Kong-US companies > > >

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Officially file a liquidation petition against Country Garden! What is the origin of this company?

National business daily News: On February 28th, Country Garden announced on the Hong Kong Stock Exchange that the company was informed of the liquidation petition filed by Ever Credit Limited to the High Court of the Hong Kong Special Administrative Region on February 27th, concerning the unpaid term loan with principal of about HK$ 1.6 billion between the petitioner (lender) and the company (borrower) and accrued interest. The company will strongly oppose the petition.

According to the announcement, the presentation of the petition does not mean that the petitioner can successfully liquidate Country Garden. As of the date of announcement, the High Court has not issued a winding-up order to wind up the company. The High Court has set May 17, 2024 as the date for the first hearing of the petition.

Country Garden responded to the national business daily reporter, saying that the company is firmly opposed to the petition, and will seek legal advice, take all necessary actions, and actively and properly defend with the consulting team. At present, all the operations of our company are normal, and we will continue to take ensuring delivery and operation as the main objectives to protect the rights and interests of all stakeholders, including house owners, creditors, investors and employees, to the greatest extent.

In fact, on February 1st, there was market news that Country Garden was facing the creditors’ application for liquidation and the Hong Kong bank took over the mortgaged assets. At that time, Country Garden responded that the rumor was not true.

The amount of debts involved in liquidation is very low.

The reporter learned that the petitioner behind the liquidation of Country Garden is the listed company Jiantao Group (HK00148) in Hong Kong. The business scope of Jiantao Group covers the development of copper-clad panels to printed circuit boards, chemical products and real estate, and started in Shenzhen at the earliest.

Country Garden said that the debt amount of the company involved in Jiantao Group accounts for a very low proportion of the overall interest-bearing liabilities abroad, and the radical action of a single creditor will not have a significant impact on the company’s security, normal operation and overall restructuring of overseas debts.

Referring to the cases of other listed real estate enterprises in the industry, it is more common for individual creditors to apply to the Hong Kong court for company liquidation. Previously, a number of enterprises listed in Hong Kong have been petitioned by creditors for liquidation, including Fantasia, Sunshine City, Xinli Holdings, Jiayuan International, Sunac, Xiangsheng, Longguang, Zhongliang, Dafa, Kaisa, Hellenborg and Hongyang.

Among them, Sunac, Xuhui, Fantasia, Longguang, Xiangsheng and other housing enterprises have withdrawn their liquidation petitions or related petitions through communication with creditors, which have been rejected by the court.

"Since it was announced that all overseas debts could not be repaid as scheduled, the company has hired financial and legal consultants to assist in evaluating the capital structure and liquidity of the Group and formulating overall solutions. At present, an effective communication mechanism has been established with the representative groups of major overseas creditor groups, and the overall restructuring of overseas debt is being actively and orderly promoted. All parties firmly believe that the liquidation of the company is the result of all parties losing. "

Country Garden also pointed out that the company will continue to actively negotiate, communicate and cooperate with major overseas creditor teams to seek the best solution. At present, all the operations of Country Garden are normal, and we will continue to focus on ensuring delivery and operation, and protect the rights and interests of all stakeholders, including house owners, creditors, investors and employees, to the greatest extent.

What is the origin of Jiantao Group?

Official website shows that the total construction area of residential and commercial properties developed by Jiantao Real Estate exceeds 6 million square meters, mainly distributed in Shanghai, Kunshan, Guangzhou and other cities. After 10 years’ development, its developed properties have brands such as "KB Jiantao Plaza" commercial department and "Yu Garden" residential department.

In December 2009, Shanghai Yu Garden Project invested and developed by Kunshan Guorui Real Estate Co., Ltd. was officially pre-sold in Kunshan, Jiangsu Province, which was the first residential development real estate project of Jiantao Group.

According to the Guangdong Political Consultative Conference Network, the founder of Jiantao Group is Leslie Cheung, the contemporary king of copper foil and chairman of the board of directors of Hong Kong Jiantao Chemical Group. Since 1998, he has been a member of the Federation of Hong Kong Industries, a member of the Hong Kong General Chamber of Commerce, a member of the parts executive committee of the Hong Kong Productivity Council and a director of the Hong Kong Chamber of Commerce and Industry. In 2006, he was elected as the Standing Committee of Guangdong Provincial Political Consultative Conference.

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The dispute between Jiantao Group and Country Garden began in October last year.

At that time, Jiantao Group announced that Country Garden (as a borrower) had failed to repay Jiantao Group about HK$ 1.598 billion according to the financing agreement, and had to repay the last installment in December 2023, and issued a statutory demand for debt repayment to Country Garden.

According to the previous announcement of Jiantao Group, on December 1, 2021, Forever Credit Co., Ltd. (the lender), a wholly-owned subsidiary of Jiantao Group, entered into a financing agreement with Country Garden to lend a term loan of HK$ 1.88 billion.

In August last year, Country Garden offset part of the funds of Jiantao Group by "debt-to-equity swap", involving debts of about HK$ 270 million. Together with the previously repaid part, Country Garden had repaid a total of HK$ 589 million at that time, and the remaining loan principal and interest balance was about HK$ 1.598 billion.

On February 19th this year, the performance warning issued by Jiantao Group showed that the company expected to record a net profit of no less than HK$ 2.02 billion in 2023, a year-on-year decrease of no more than 45%. The reasons for the decline in net profit are the decrease in the market sales unit price of copper-clad panel products and chemical products, the provision for credit losses from Country Garden loans, and the provision for impairment losses from holding unsold residential properties in East China.

The reporter learned that in addition to Country Garden, Jiantao Group also had financial ties with R&F Properties. In 2018 and 2020, Kingboard publicly subscribed for the US dollar bills of R&F Properties twice.

On February 28, Country Garden fell more than 10% in intraday trading, and its market value has fallen below HK$ 20 billion. Jiantao Group fell more than 4%.

Original title: Officially file a liquidation petition against Country Garden! What is the origin of this company?

Editor: Rao Zhimei Editor: Wu Zhonglan Audit: Feng Fei