Enjoy colorful "double festivals" new formats and new scenes to "light up" holiday economy.

CCTV News:According to the latest news from the data center of the Ministry of Culture and Tourism, in the first three days of the Mid-Autumn National Day holiday this year, there were 395 million domestic tourism trips, up 75.8% year-on-year, and the domestic tourism revenue reached 342.24 billion yuan, up 125.3% year-on-year. So, where did everyone go to play? What did you play again?

"Double Festival" The number of tourists in Beijing far exceeds that in previous years.

Headquarters reporter He Chang:This is the Temple of Heaven Park, which is one of the top three popular parks among the 11 municipal parks in Beijing in the past three days. The number of tourists here exceeded 120,000 for two consecutive days, and it exceeded 160,000 on October 1. Let’s look at today’s scene. The enthusiasm of tourists remains undiminished, and the scene atmosphere can be said to be very lively.

On the fourth day of the holiday, the number of tourists in Beijing this year exceeded 12 million, an increase of more than 60% year-on-year. The parks with a large number of tourists include the Summer Palace and Yuanmingyuan Ruins Park. At present, the parks in Beijing are running smoothly, safely and orderly.

Xi ‘an, Shaanxi Province: The rapid increase of passenger flow in Terracotta Warriors and Horses Scenic Area requires an appointment in advance.

Headquarters reporter Yan Xingguang:I am now in the Mausoleum Museum of the First Qin Emperor, which is also known as the Terracotta Warriors and Horses Scenic Area. Since entering the scenic spot at 8: 00 in the morning, the number of people visiting here has continued to increase, and the scenic spot is October 1 — Tickets for the 4th have been reserved, reaching the upper limit of 65,000 tickets for the daily reception of scenic spots.

In order to ensure the quality of tourists’ visit and protect the safety of cultural relics to the greatest extent, the scenic spot has taken some diversion measures, such as opening half an hour earlier and closing half an hour later. The scenic spot reminds us that the Terracotta Warriors and Horses are currently booking tickets online, reminding everyone to make an appointment in advance and visit the wrong peak.

Da ‘an, Jilin Province: Traditional Folk Experience Tour, Rural Tourism, Hot.

While the scenic spots are hot, folk tourism in rural areas is also favored by tourists. On the bank of Nenjiang Bay in Da ‘an, in the west of Jilin Province, due to the rapid development of rural tourism in recent years, the local area has made full use of the advantages of natural and tourism resources to build a rural tourism resort. During the holiday, a series of activities such as immersive scene interpretation and costume parade attracted many tourists to stop and watch.

Huludao, Liaoning: "Colorful Intangible Cultural Heritage+Farming Culture" to Create a Different Cultural Experience

In Hulu Ancient Town, Huludao City, Liaoning Province, the local area has received more than 50,000 tourists, and the newly arranged immersive live performance with the theme of "Happy Kanto" reproduces the simple scene of the old Kanto village; At the same time, the storytelling, donkey shadow play, dough kneading, hand-torn painting and other non-legacy exhibitions of the old Kanto artists are also full of cultural charm. The giant cartoon scarecrow paradise covering an area of nearly 7,000 square meters in Hulu ancient town has also attracted many tourists to punch in and take photos.

Hefei, Anhui: Aerospace Popular Science Carnival attracts many fans.

In Feixi, Anhui Province, the popular science activities of the Deep Space Carnival attracted many aerospace enthusiasts to visit and experience. During the activity, not only more than 20 static model exhibits, such as launch vehicle, lunar probe, Mars probe and Queqiao satellite, but also experience equipment such as Tianhe core cabin and return cabin, which can let the experiencer feel the astronaut’s perspective personally and enhance the display and experience effect.

In addition to the crowds, the scenic spot of this holiday has another feature, that is, the National Day atmosphere is particularly strong. Visitors are either involved or shocked, and they are full of pride.

Changxing, Zhejiang: Tourists spontaneously sing the same song and feel the same love.

In the ancient town of Taihu Lake in Changxing, Zhejiang Province, 100,000 bright five-star red flags fluttered in the wind. With the melodious melody of My People,My Country, the tourists at the scene couldn’t help singing along. Everyone waved the national flag and sang a song together, expressing their deep love for the motherland.

Sanya, Hainan: popularity continues to rise, and drone performances are dazzling.

In Sanya, Hainan, on October 1st, a total of 69,300 tourists were received, an increase of 43.71% from the previous month. As night falls, 300 drones take off in turn at the seaside, and different characters and patterns such as birthday cake, celebrating National Day and I love you China appear in the night sky. The fireworks on the side also vacated, making the audience feel the thick National Day atmosphere in multiple dimensions.

Hong Kong and Macao hold fireworks display, brilliant fireworks He Guoqing

On the evening of October 1st, both Hong Kong and Macau held a National Day fireworks display. Over the Victoria Harbour, beautiful fireworks bloomed in the night. The theme of this year’s National Day Fireworks Display is "Prosperous He Guoqing, Prosperous Huicheng Yaoxiangjiang". A total of 31,888 fireworks were set off for about 23 minutes.

The 31st Macau International Fireworks Competition was held in the sea near macau tower. Fireworks shows with different styles add a festive and lively atmosphere to Macao’s National Day night.

On the fourth day of the Mid-Autumn National Day holiday, the national consumer market is very popular, and many new consumption scenes and new formats have stimulated the surging new vitality of consumption.

Ministry of Commerce: The popularity of key business districts is booming, and smart home appliances are selling well.

Three days before the holiday, the popularity of key business districts was booming. According to the data from the Ministry of Commerce, the passenger flow of national demonstration pedestrian streets increased by 87.0% year-on-year, and the passenger flow of key business districts in 36 large and medium-sized cities increased by 132.1% year-on-year. Festive commodities, green smart home appliances, new electronic products and other commodities are selling well, with sales increasing by more than 10% year-on-year. During the reporter’s visit, it was found that the traffic of many home appliance stores increased significantly, and a number of home appliances with high intelligence and strong personalized service, such as smart refrigerators that can interact with each other and recommend recipes by voice, air conditioners that can sterilize and clean themselves, and water heaters that save electricity and water, met consumers’ consumption demand for home appliances.

The sales of new energy vehicles increased, and the charging guarantee ability improved.

Festivals and holidays are also the peak period for consumers to buy cars, and a series of special promotions have been carried out in various places to attract consumers to come to see and buy cars. Many people choose to travel by new energy vehicles during holidays. All localities are also improving the public charging guarantee ability and alleviating the mileage anxiety of car owners. The "Intelligent Mobile Charging Robot" of Hankou Railway Station in Hubei officially took up its post this holiday. Once a car that needs to be charged enters, it will be flexibly deployed according to the situation of surrounding charging stations, thus realizing the real "pile-finding car".

Dodge Ram is equipped with a 5.7-liter V8 engine.

  The exterior design is very impactful, and the forward-leaning front is undoubtedly a little more invasive to the road surface than the well-behaved family design. The atmosphere inside the car is luxurious, and it can definitely rival a limousine. There is no trace of lively charm in the eyes, only fierce. The front bumper is an iron front bumper with a towing hook, which exudes this metallic atmosphere and is calm and atmospheric; As the best-selling model, it has an aggressive front face.

  5.7L, V8 engine (4/8 cylinder switching, emergency cylinder closing), 48V light mixing, 8-speed automatic gearbox, 22 wheels, 5 seats, panoramic sunroof, LED headlights, heating and ventilation of front electric seats, heating and ventilation of rear seats, surround sound, Harman Kardon stereo, remote control start, one-button start, panoramic sunroof, keyless entry, and multi-function steering wheel (double color matching).

  The design of Dodge Ram center console looks rigid, but you can’t help but admire it for its rich configuration. It adopts a four-position multifunctional leather steering wheel, and the function keys can control the audio system.

  The Dodge Ram is equipped with a 5.7-liter V8 engine. Like the traditional American muscle car, the Dodge pickup truck also adopts a "muscle" design with thick lines. The overall shape is mainly square, and the fullness is vividly displayed in every link of the vehicle. The design of the new Dodge Ram center console is simple and hard, which conforms to the temperament of the ram. The bottom of the dashboard has patterns, which further highlights the elegance of this car. The design of the soft instrument panel is very comfortable to the touch, without any stubbornness.

  The new Dodge Ram Long Horn pickup truck is familiar to riders who know the Long Horn version more or less. It is a pickup truck that combines power and luxury, so it is also a symbol of status. The brand-new Ram 1500 horn version is an uncompromising luxury pickup truck, which can almost satisfy your imagination and is at the forefront of the same level. To the demand, strength, durability, new technology, power and luxury, and any of them.

  Our company solemnly promises 1. On the day of car purchase, the company supplies all vehicles: invoices, customs clearance (vehicle import certificate), commodity inspection (quality inspection certificate), vehicle conformity (vehicle configuration certificate), environmental protection list, etc. Ensure that all foreign customers can settle down normally when they return to the local area. Sign a formal car purchase treaty, and any problems you are worried about can be shown on the treaty, eliminating your worries. All are real car shots! Please contact the phone number below the article.

  Disclaimer: The above car purchase preferential information is provided by the comprehensive dealers of this website, and the price fluctuates greatly due to market factors, which is only for car purchase reference; The distributor is responsible for its authenticity, accuracy and legality, and this website does not provide any guarantee or assume any legal responsibility.

Buy, buy, buy, and sell well! China’s economy ushered in a hot start

  CCTV News:The reporter learned from the Ministry of Commerce on February 14th that during the Spring Festival, the sales of holiday goods were booming. The Ministry of Commerce focused on monitoring the sales of green organic food, gold and silver jewelry of retail enterprises, which increased by more than 10% year-on-year.

  Service consumption has obviously warmed up. During the holiday season, the turnover of accommodation on the key monitoring e-commerce platform increased by over 60% year-on-year, among which the turnover of villagers’ houses around Harbin increased by more than three times.

  The necessities of life are abundant and the prices are stable. According to the business big data monitoring of the Ministry of Commerce, there are sufficient stocks of grain, oil, meat, eggs and vegetables in 100 large-scale agricultural and sideline products wholesale markets nationwide. Five days before the holiday, the prices of grain, cooking oil, pork, beef and mutton, chicken and eggs were basically the same as before the holiday, while the prices of vegetables decreased by 1.2%.

  From the first day to the third day, the tax-free sales on outlying islands were 881 million yuan.

  During the Spring Festival holiday, whether you go home to visit relatives or travel, you must buy, buy and buy. Especially for places like Hainan, which focus on tourism and shopping, "consumption" is definitely a hot word.

  During the Spring Festival holiday, Hainan’s tourism market continues to heat up, accompanied by tourism and shopping fever. During the Spring Festival holiday, the passenger flow of duty-free shops in various outlying islands in Hainan continued to rise. From the first day to the third day (February 10 — Three days before the holiday, the duty-free sales amount of Hainan Island was 881 million yuan, the number of duty-free shoppers was 116,900, and the per capita consumption was 7,538 yuan.

  The total box office of this year’s Spring Festival movies exceeded 5.86 billion.Yuan Dynasty (1206-1368)

  According to the data of the network platform, as of 23: 00 on February 14th, the Spring Festival in 2024 (February 10th — On February 17th, the total box office (including pre-sales) exceeded 5.86 billion yuan, among which YOLO’s Pegasus 2 and Boonie Bears: Time Twist were temporarily listed in the top three box offices.

Announcement of Listed Companies in Shanghai Stock Exchange (November 9)

  Gigabit: A performance briefing will be held on October 31st with the participation of investors.

  On November 1, 2022 (), it was announced that the company would hold a performance briefing on October 31, 2022.

  The details are as follows:

  Q: This plan will distribute almost all the profits in the first three quarters of this year to investors. What is the reason for this move? How can the company ensure a healthy cash flow when the competition in the domestic game market intensifies?

  A: We will decide the dividend amount according to the cash reserve to ensure that the company’s cash reserve can maintain the normal operation of the company for at least 18 months. At present, our actual cash reserve after dividends is far beyond 18 months.

  Q: This time, Gigabit plans to distribute almost all the profits in the first three quarters of this year to investors, and there have been many generous dividends before. How do you think about this? Will this have a greater impact on the company’s cash flow and future development needs?

  A: The company has always attached great importance to reporting to investors and continued to report to shareholders through higher cash dividends. In 2020 and 2021, the company’s cash dividends were 862 million yuan and 1.15 billion yuan respectively. This dividend continued the company’s consistent thinking on reporting to shareholders.

  The determination of dividend amount mainly considers the funds needed for the company’s long-term sustainable development and investors’ reports. We basically maintain the cash reserve for operating and developing for more than 18 months (if there is no income), and the retained funds after this distribution are enough to support this plan.

  Q: When is the dividend in the third quarter?

  A: Please pay attention to the company announcement for the specific dividend distribution time, and there will be an announcement after it is approved by the shareholders’ meeting.

  Q: Dividends paid twice this year are different from previous years. What is the main reason? Has the company’s business development reached a certain bottleneck?

  A: Our dividend will be based on the company’s cash reserves, and we will ensure that there is a cash reserve for at least 18 months according to the current expenditure. Now the actual reserve will be much higher than this. The purpose of this dividend is to feed shareholders. Whether the business development has reached the bottleneck mainly depends on the development of new projects. We still have enough ideas to be realized internally, and from this point we have not encountered a bottleneck.

  Q: I appreciate the company’s attitude of paying large dividends when investors’ confidence is lacking. Have you considered the method of repurchase, which will be more beneficial to shareholders in the long run in terms of taxation?

  A: At present, the company thinks that dividends are a more direct way to report to investors.

  Q: I am concerned that Gigabit has participated in the investment of many companies in recent years, most of which are enterprises in the field of games, and mainly start-up companies. What is the logic of asking the company to invest? What do you pay more attention to when investing in start-up companies? Previously, the company indirectly participated in the company’s research and development of the explosive game "Sheep Made a Sheep", but the company’s third quarterly report showed that the company’s investment income in the first three quarters fell by 86% year-on-year. Is the explosive game only a flash in the pan?

  A: We will mainly examine the start-up team and the selected track to judge whether to invest. The project of "Sheep Made a Sheep" has little impact on our third quarterly report. How much impact will it have in the future? We have to wait for the financial data of the other company. We are only shareholders and do not participate in the company’s operation.

  Q: Since 2022, game companies have paid more attention to overseas markets. How do companies view overseas markets? What is the performance in overseas markets?

  A: We have always attached importance to overseas markets. This year, most of the new pre-research and new projects are required to be global.

  Q: Please ask Mr. Lu about the overall environment of the game industry. Did the company feel the overall downturn of the game industry in the second half of the year? In the past, games were regarded as partial entertainment consumption with countercyclical properties, but this year, due to the sharp decline in economic conditions, what does the company think?

  A: At present, the overall situation of the game industry is relatively stable. Judging from the recently released economic data, the overall economic situation has not fallen sharply.

  Q: Please, Chairman, since the company went public for 17 years, the only successful and mature products are Tao and Yi Nian Xiaoyao. The results show that the success and efficiency of product commercialization are low. What does the company think of this and whether it has found a good solution?

  A: At present, we will try a lot by running in small steps. If we have a good idea, the possibility of success after the project is established will be higher.

  Gigabit’s main business: specializing in online game creative planning, R&D production and commercial operation.

  The third quarterly report of Gigabit 2022 shows that the company’s main income is 3.83 billion yuan, up 9.89% year-on-year; The net profit of returning to the mother was 1.012 billion yuan, a year-on-year decrease of 16.07%; Deducting non-net profit was 1.002 billion yuan, down 0.0% year-on-year; In the third quarter of 2022, the company’s main revenue in a single quarter was 1.319 billion yuan, up 20.17% year-on-year; The net profit returned to the mother in a single quarter was 323 million yuan, up 6.15% year-on-year; Non-net profit deducted in a single quarter was 335 million yuan, up 12.59% year-on-year; The debt ratio is 30.15%, the investment income is 18.492 million yuan, the financial expenses are-245 million yuan, and the gross profit margin is 88.17%.

  In the last 90 days, the stock has been rated by 34 institutions, with 29 buy ratings and 5 overweight ratings. The average target price of institutions in the past 90 days was 354.21.

  The following is the detailed profit forecast information:

  The data of margin financing and securities lending shows that the stock has a net inflow of 370,100 in the past three months, and the financing balance has increased; The net inflow of securities lending was 2,073,400, and the balance of securities lending increased. According to the financial report data in the past five years, the Securities Star valuation analysis tool shows that the moat of competitiveness in Gigabit industry is good, the profitability is average and the revenue growth is good. Financial health. The stock has a good company index of 3.5 stars, a good price index of 3.5 stars and a comprehensive index of 3.5 stars. (The index is for reference only, and the index range is 0~5 stars, with a maximum of 5 stars)

  The above contents are compiled by Securities Star according to public information, and have nothing to do with the position of this website. Securities Star strives for but does not guarantee the accuracy, completeness, effectiveness and timeliness of all or part of this information (including but not limited to text, video, audio, data and charts). Please contact us if you have any questions. This article is for data collation, and does not constitute any investment advice for you. Investment is risky, so please make a careful decision.

  Energy-saving wind power is planned to be established. Heilongjiang wind power is responsible for Mulan 200MW wind power+clean heating project.

  () Announcement, the company plans to invest in the establishment of China Energy Saving Heilongjiang Wind Power Generation Co., Ltd., with an investment of 10 million yuan. After the establishment of Heilongjiang wind power, it will be responsible for the development and construction of the 200MW wind power+clean heating project in Heilongjiang Mulan.

  Universal Scientific Industrial Co.,Ltd.: Consolidated operating income in October increased by 36.16% year-on-year.

  () It was announced on the evening of November 8 that the consolidated operating income in October 2022 was 7.076 billion yuan, an increase of 36.16% compared with the consolidated operating income in the same period last year and a decrease of 10.01% compared with the consolidated operating income in September 2022. The company’s consolidated operating income from January to October 2022 was 56.607 billion yuan, an increase of 35.70% compared with the same period last year.

  Bomaike Holdings, the controlling shareholder of Bomaike, and other non-reduced shares have expired.

  () Announcement was issued. On November 8, 2022, the company received the Letter from Tianjin Bomaike Investment Holdings Co., Ltd. on the result of reducing the shares of Bomaike Offshore Engineering Co., Ltd. and the Letter from Tianjin Chengtai International Industry and Trade Co., Ltd. on the result of reducing the shares of Bomaike Offshore Engineering Co., Ltd. As of the date of this announcement, the time interval for this reduction expired, and the controlling shareholder of the company Bomaike Holdings and its concerted action Chengtai Industry and Trade did not reduce the shares of the company during the reduction plan period.

  Tianchen Co., Ltd. subsidiary plans to invest 1.71 billion yuan in the 1B project of the East Block of Tianchen Health City.

  () Announcement: According to the plan of Shanghai Tianchen Health Management Co., Ltd. (referred to as "Tianchen Health Company"), Tianchen Health Company will start the development and construction of the 1B project of the East Block of Tianchen Health City this year, with an estimated total investment of about RMB 1.71 billion, which will be used to build offices, hotels and business complex buildings. The project is located in Zhuanqiao Town, Minhang District, Shanghai, with Metropolitan Road East, Yindu Road South, Dulian Road West and Meizhou Road North.

  Zheng Hong, the controlling shareholder and actual controller of Hongyuan Electronics, and his concerted actions intend to reduce their holdings by no more than 2 million shares.

  () Announce that Mr. Zheng Hong, the controlling shareholder, actual controller and chairman of the company, intends to reduce the company’s shares by no more than 1.5 million shares through centralized bidding or block trading, that is, no more than 0.6454% of the company’s total share capital; Ms. Zheng Xiaodan, the controlling shareholder, actual controller and vice chairman of the company, intends to reduce the company’s shares by no more than 500,000 shares through centralized bidding or block trading, that is, no more than 0.2151% of the company’s total share capital. Mr. Zheng Hong and Ms. Zheng Xiaodan intend to reduce their holdings of the company’s shares by centralized bidding or block trading, with a total of no more than 2 million shares, that is, no more than 0.8606% of the company’s total share capital.

  Huayuan real estate stock Tokyo Thai Investment intends to reduce its holdings by no more than 10.8 million shares of the company.

  () It is announced that Beijing Beikong Jingtai Investment Management Co., Ltd. (hereinafter referred to as "Jingtai Investment"), the shareholder of the company, intends to reduce its shareholding by centralized bidding within 6 months after 15 trading days from the date of disclosure of this announcement, that is, the shareholding reduction shall not exceed 0.46% of the total shares of the company.

  Chilon Tianyou, the shareholder of Aojing Medical, intends to reduce its shareholding by no more than 3%.

  Aojing Medical announced that Chilon Tianyou, the shareholder of the company, plans to reduce the company’s shares by no more than 4 million shares through centralized bidding and block trading, accounting for 3% of the company’s total shares.

  Aojing Medical: Chilon Tianyou intends to reduce its shareholding by no more than 3%.

  Aojing Medical announced on the evening of November 8th that Chilon Tianyou, a shareholder holding 6.8% of the shares, plans to reduce its holdings by no more than 4 million shares (accounting for 3% of the company’s total shares) through centralized bidding and block trading.

  The inquiry transfer price of Anfeng Investment, the shareholder of Zhuojin, was initially determined as 9 yuan/share.

  Zhuojin shares announced that after inquiring from institutional investors, it was preliminarily determined that the transfer price of Zhuhai Anfeng Investment Partnership (Limited Partnership) (the "transferor") was 9.00 yuan/share, which was 88.93% of the average transaction price of Zhuojin shares in the first 20 trading days of the shareholders’ inquiry transfer subscription date (November 7, 2022, including that day). In addition, the number of institutional investors participating in this inquiry and transfer quotation is 2, and the total effective subscription is 1.7 million shares, which is 1.13 times of the number of shares to be transferred.

  Sunshine Nuohe plans to acquire 100% equity of Langyan Life and resume trading today.

  On the evening of November 7, Sunshine Nuohe announced that it intends to purchase 100% equity of Beijing Langyan Life Technology Holdings Co., Ltd. (referred to as "Langyan Life") by issuing shares and paying cash, and issue shares to no more than 35 specific investors to raise matching funds. Sunshine Nuohe shares also resumed trading on November 8, and closed at 114.5 yuan/share that day, with an increase of 15.16%.

  Previously, Sunshine Nuohe signed the Intention Agreement for Beijing Sunshine Nuohe Pharmaceutical Research Co., Ltd. to issue shares and pay cash to purchase assets with Li Qian, the main shareholders of Langyan Life, Ganzhou Langyi Investment Center (Limited Partnership) and Liu Yujing, and agreed to purchase the shares of Langyan Life by issuing shares and paying cash, and suspended trading on October 25.

  Sunshine Nuohe is a professional pre-clinical and clinical comprehensive drug research and development service CRO, which provides all-round one-stop drug research and development services for domestic pharmaceutical enterprises and scientific research institutions, and is committed to assisting domestic pharmaceutical manufacturing enterprises to accelerate import substitution and independent innovation. Langyan Life focuses on the R&D, production and sales of high-end chemicals and APIs, and provides pharmaceutical production services to the outside world. It has been deeply involved in high-end chemicals and APIs for many years and has certain competitive advantages in the field of high-end chemicals.

  Sunshine Nuohe said that through this transaction, Langyan Life became its wholly-owned subsidiary, and its main business will further extend to the CDMO business field, and build an integrated service platform of "CRO+CDMO" to provide customers with comprehensive services of "pre-clinical research+clinical research+customized production" and build an integrated service system of "R&D+production".

  Tan Chun, the shareholder of Lingdian Electric Control Co., Ltd., has reduced his holdings by 2.61%, and the reduction time has expired.

  Lingdian Electric Control announced that on November 8, 2022, the company received the Notice Letter on the Result of Shareholding Reduction issued by Ms. Tan Chun. In this reduction plan, Ms. Tan Chun reduced her shareholding by 1,353,700 shares through block trading, accounting for 2.61% of the total shares of the company. The time interval of this reduction plan has expired, and this reduction plan has been implemented.

  An Biping plans to participate in the Gaotejia Huixin Fund, with its focus on the medical and health industry.

  An Biping announced that An Biping (Guangdong) Investment Co., Ltd. ("An Biping Investment"), a wholly-owned subsidiary of the company, will subscribe for RMB 10 million as a limited partner, holding 2.00% of Suzhou Gaotejiaxin Yinhuixin Equity Investment Partnership (Limited Partnership) (tentative name, "Gaotejiaxinxin"); Gaotejia Huixin focuses on investing in enterprises in the high-quality growth stage of the medical and health industry.

  () The subsidiary will provide Weirui with an estimated sales amount of 719 million yuan for new energy automobile motor parts.

  Wolong Electric Drive announced that Wolong ZF Automobile Motor Co., Ltd. ("Wolong ZF"), a holding subsidiary of the company, recently received a letter of intent for the development of Weirui Electric Vehicle Technology (Ningbo) Co., Ltd. ("Weirui"), and Wolong ZF will provide new energy automobile motor parts for Weirui. The estimated sales amount is 719 million yuan, and the contract period is from 2023 to 2031.

  *ST Botian: The court ruled to accept the reorganization of the company.

  () Announcement: The company received the Civil Ruling and Decision from Beijing No.1 Intermediate People’s Court, ruled to accept the application of Anhui Zinuo Environmental Protection Technology Co., Ltd. for reorganization of the company, and appointed Beijing Jindu Law Firm as the company manager. The company’s shares will be superimposed to implement delisting risk warning.

  Wolong electric drive: the holding subsidiary receives the supplier’s fixed point.

  Wolong Electric Drive announced on the evening of November 8 that the company’s holding subsidiary, Wolong ZF, received a letter of intent for the development of Weirui, and Wolong ZF will provide new energy automobile motor parts for Weirui. The estimated sales amount of the products corresponding to this development letter of intent is 719 million yuan, and the contract performance period is from 2023 to 2031.

  Haili Co., Ltd. plans to increase the capital of Haili Hong Kong by no more than 490 million yuan to develop its international business.

  () Announcement: Haili International (Hong Kong) Co., Ltd. ("Haili Hong Kong"), a wholly-owned subsidiary of the company, is an important functional platform for the company to promote the strategic transformation of internationalization, with the export trade of compressor products as its main business and also an investment platform for the company to develop international business. In order to support its holding subsidiary Hailima Ruili Holdings Co., Ltd. to improve the operational efficiency of the company, the company plans to increase the capital of Haili Hong Kong by no more than RMB 490 million, and still hold 100% of its equity after the capital increase.

  Jiaocheng Ultrasound: China International Capital Corporation, Huatai Bairui Fund and other institutions investigated our company on October 31st.

  On November 4, 2022, Jiaocheng Ultrasound announced that China International Capital Corporation Chen Xianfan, Ding Jian Tang Yiyi, Huatai Bairui Fund Shen Xuefeng Qian Jianjiang, General Technology Group Investment Management Co., Ltd. Xu Leilei and Hang Seng Qianhai Fund Management Co., Ltd. Qi Teng investigated our company on October 31, 2022.

  The details are as follows:

  Q: Is the company’s main source of business income still the field of power batteries?

  A: Yes, at present, the company’s main business income is still in the field of power battery tab welding.

  Q: What is the basic situation of the company’s domestic competitors?

  Answer: Xindongli and Kepu are domestic ultrasound equipment enterprises, and their business covers the fields of power battery metal welding, consumer lithium battery welding and so on. The company’s main competitors are Branson and Sonics of the United States in the field of final welding, and in the field of pre-welding, it also competes with domestic ultrasound equipment manufacturers such as Xindongli and Kepu, but the market demand for ultrasonic welding equipment for power batteries is mainly final welding equipment.

  Q: What is the company’s revenue recognition cycle?

  Answer: The average period from receipt to acceptance of ultrasonic welding equipment for power batteries of our company ranges from 3 to 6 months.

  Q: What is the settlement mode between the company and customers?

  Answer: The contract price settlement modes between the company and customers are mainly 334 mode (prepayment-delivery-acceptance), 3331 mode (prepayment-delivery-acceptance-quality guarantee), 2431 mode (prepayment-pre-acceptance-final acceptance-quality guarantee) and 6121 mode (prepayment-pre-acceptance-final acceptance-quality guarantee)

  Q: The top five customers of the company have changed greatly in the past three years. What are the reasons?

  A: The changes in the top five customers of the company are mainly affected by changes in market demand, deepening customer cooperation and downstream policy adjustment. The company has experienced the rapid growth stage of the new energy vehicle market driven by subsidies, the industry reshuffle stage caused by the decline of subsidies in 2019, and the rapid development stage driven by the market since 2020. The external environmental impact of the new energy vehicle field is consistent with the changing trend of customers in the company’s power battery field. In addition, under the background of COVID-19 outbreak in 2020, the company responded to the call of national policies and responded to the market demand by vigorously developing ultrasonic non-woven welding equipment, which also led to changes in the customer structure.

  Q: Why did the company import core components and what is the current progress of localization?

  Answer: The products produced by the company using imported generators and transducers and generating sales revenue mainly focus on ultrasonic welding equipment for power batteries. Before the company entered the market, the terminal welding equipment used in the manufacturing process of lithium batteries was dominated by foreign-funded enterprises represented by Binnengxin for a long time. Because of the high technical difficulty in the production process, it is difficult for domestic brands to break the monopoly of foreign-funded industries. When the company opened up the market in the early days, it mainly used imported generators and transducers. With the large-scale application of the company’s products in major customers, and the company’s continuous demonstration of technological innovation ability in the ultrasonic field, major customers have gradually recognized the company’s brand and technical strength, and the equipment equipped with self-produced generators or transducers has begun to be applied in small batches. Compared with imported generators and transducers, the number and time of use in customer production lines are not sufficient, so at this stage, downstream lithium battery customers still mainly use imported generators and transducers. In 2022, the proportion of self-produced generators and transducers used in the equipment sold by the company to customers in the main power battery field will further increase. The company has tried the self-produced generators and transducers on some customers’ production lines. According to the order in hand and the trial progress, it is estimated that the number of self-produced generators and transducers will reach 30%-40% in the ultrasonic welding equipment for power batteries sold throughout the year.

  Jiaocheng Ultrasound’s main business: research and development, design, production and sales of ultrasonic welding and cutting equipment and accessories, and provides automation solutions in the field of new energy power battery manufacturing.

  The third quarterly report of Jiaocheng Ultrasound 2022 shows that the company’s main income is 388 million yuan, up 43.64% year-on-year; The net profit of returning to the mother was 85.5396 million yuan, up 80.31% year-on-year; Deducting non-net profit was 71.437 million yuan, of which in the third quarter of 2022, the company’s main income in a single quarter was 143 million yuan, up 64.37% year-on-year; The net profit returned to the mother in a single quarter was 31.2101 million yuan, up 103.15% year-on-year; The non-net profit deducted in a single quarter was 29.8694 million yuan, the debt ratio was 18.94%, the investment income was 281.7 million yuan, the financial expenses were 1.1807 million yuan, and the gross profit margin was 51.4%.

  In the last 90 days, the stock has been rated by 9 institutions, with 7 buy ratings and 2 overweight ratings. The average target price of institutions in the past 90 days was 155.46. The data of margin financing and securities lending shows that the net financing outflow of the stock in the past three months was 79.2889 million, and the financing balance decreased; The net outflow of securities lending was 155 million, and the balance of securities lending decreased. According to the financial report data in recent five years, the Securities Star valuation analysis tool shows that Jiaocheng Ultrasound has a good moat of competitiveness, good profitability and average revenue growth. Finance is relatively healthy, and the financial indicators that should be paid attention to include: accounts receivable/profit rate. The stock has a good company index of 3.5 stars, a good price index of 1 star and a comprehensive index of 2 stars. (The index is for reference only, and the index range is 0~5 stars, with a maximum of 5 stars)

  The above contents are compiled by Securities Star according to public information, and have nothing to do with the position of this website. Securities Star strives for but does not guarantee the accuracy, completeness, effectiveness and timeliness of all or part of this information (including but not limited to text, video, audio, data and charts). Please contact us if you have any questions. This article is for data collation, and does not constitute any investment advice for you. Investment is risky, so please make a careful decision.

  Huayuan Real Estate: Tokyo Thai Investment intends to reduce its shareholding by no more than 0.46%.

  Huayuan Real Estate announced on the evening of November 8 that Beijing Beikong Jingtai Investment Management Co., Ltd. (hereinafter referred to as "Jingtai Investment"), a shareholder holding 5.45% of the company’s shares, intends to reduce its shareholding by centralized bidding within 6 months after 15 trading days from the date of disclosure of this announcement due to its business development and capital needs.

  Hongyuan Electronics: The chairman and vice chairman intend to reduce their total shares by no more than 0.86%.

  Hongyuan Electronics announced on the evening of November 8 that Zheng Hong, the controlling shareholder, actual controller and chairman of the company, and Zheng Xiaodan, the controlling shareholder, actual controller and vice chairman of the company, intend to reduce their shares by centralized competitive bidding or block trading, and the reasons for the reduction are personal financial needs.

  The total bid amount of recent major projects of Pudong Construction Subsidiary is 1.538 billion yuan.

  () Announcement: The company’s subsidiaries, Shanghai Pudong New Area Construction (Group) Co., Ltd., Shanghai Pudong Road and Bridge (Group) Co., Ltd. and Shanghai Pudong Architectural Design and Research Institute Co., Ltd., have recently won the bid for a number of major projects, with a total bid amount of 1.538 billion yuan.

  Chenxin Pharmaceutical: WXSH0208 tablets were approved for clinical trials.

  () It was announced on the evening of November 8th, recently, the company received the Notice of Approval for Drug Clinical Trials on WXSH0208 Tablets approved by National Medical Products Administration, and will conduct clinical trials in the near future. WXSH0208 tablet is an influenza virus RNA polymerase inhibitor, which can block the transcription and replication of viral RNA and inhibit the proliferation of influenza virus. It is intended to be used for the treatment of influenza A and B in clinic.

  Chenxin Pharmaceutical Co., Ltd.: Notice of Approval for Clinical Trials of Drugs to be Used for Influenza A and B

  Chenxin Pharmaceutical announced that recently, the company received the Notice of Approval for Clinical Trials of WXSH0208 tablets approved and issued by the State Drug Administration ("National Medical Products Administration"), and will conduct clinical trials in the near future: WXSH0208 tablets accepted on June 22, 2022 meet the relevant requirements of drug registration, and agreed to carry out clinical trials for the treatment of influenza A and B according to the submitted scheme.

  It is reported that WXSH0208 tablet is an influenza virus RNA polymerase inhibitor, which can block the transcription and replication of viral RNA and inhibit the proliferation of influenza virus, and is intended to be used for the treatment of influenza A and B in clinic. Upon inquiry, the domestic similar product is mabaloxavir tablets developed by Roche Pharmaceutical Company, which was approved for listing by National Medical Products Administration in April 2021. The PDB sample database shows that the cumulative sales in the first half of 2022 is about 3.45 million yuan. Up to now, WXSH0208 related projects have invested about 49.4452 million yuan in research and development expenses.

  Pudong Construction: The subsidiaries won a total bid of 1.538 billion yuan for major projects.

  Pudong Construction announced on the evening of November 8 that recently, its subsidiaries, Shanghai Pudong Construction (Group) Co., Ltd., Shanghai Pudong Road and Bridge (Group) Co., Ltd. and Shanghai Pudong Architectural Design and Research Institute Co., Ltd., won the bid for a number of major projects, with a total winning amount of 1.538 billion yuan.

  Ding Huitong, a shareholder of Jinguan Electric, intends to reduce its shareholding by no more than 6%.

  Jinguan Electric announced that Shenzhen Ding Huitong Industrial Co., Ltd. (hereinafter referred to as "Ding Huitong"), a shareholder of the company, plans to reduce some of its shares through centralized bidding and block trading, with a total number of no more than 8,166,600 shares, accounting for 6% of the company’s total share capital.

  Chenxin Pharmaceutical Co., Ltd.: Received the notice of approval for clinical trial of WXSH0208 tablets.

  On November 8th, the financial sector reported that Chenxin Pharmaceutical announced that it had obtained the notice of approval for clinical trial of WXSH0208 tablets, which was intended to be used for the treatment of influenza A and B..

  Baosteel packaging: It is planned to raise no more than 1.2 billion yuan.

  () On the evening of November 8th, it was announced that the company planned to issue shares to no more than 35 investors, including Shuanghongyuan Investment, to raise no more than RMB 1.2 billion. After deducting the issuance expenses, all the shares will be used for the new intelligent aluminum two-piece can production base project of Anhui Baosteel Canning Co., Ltd., the new intelligent aluminum two-piece can production base project in Guizhou, the new intelligent aluminum two-piece can production base project in Cambodia, the replenishment of liquidity and the repayment of bank loans.

  Jinguan Electric: Ding Huitong, a shareholder, intends to reduce its shareholding by no more than 6%.

  Jinguan Electric announced on the evening of November 8 that Ding Huitong, a shareholder holding 7.54% of the shares, plans to reduce its shareholding by no more than 6% of the company’s total share capital through centralized bidding and block trading, in order to meet the needs of its own financial arrangements.

  Hangzhou Beijia, the concerted action of the controlling shareholder of Yuancheng Co., Ltd., plans to reduce its shareholding by nearly 2% in a block transaction.

  () Announcement, Hangzhou Beijia Investment Co., Ltd. (hereinafter referred to as "Hangzhou Beijia"), the concerted action of the controlling shareholder of the company, intends to reduce the company’s shares by block trading within six months after three trading days from the announcement date, and the total proportion of the proposed reduction shall not exceed 1.9990% of the company’s total share capital.

  Yuancheng shares: the concerted action of the controlling shareholder intends to reduce its shareholding by no more than 1.999%.

  Yuancheng Co., Ltd. announced on the evening of November 8 that Hangzhou Beijia, the concerted action of the controlling shareholder of the company holding 10.65% of the shares, intends to reduce the company’s shares by block trading (not reducing the shares during the window period) within six months after three trading days from the date of disclosure of the announcement, with a total of no more than 5.7 million shares (accounting for 1.9990% of the company’s total share capital).

  Real Madrid Technology has bought back 5,900,100 shares at a cost of 88,451,400 yuan.

  () Announcement was issued. As of November 7, 2022, the number of shares repurchased by the company through centralized bidding transactions was 5,900,100, accounting for 1.0022% of the company’s total share capital. The highest transaction price was 16.75 yuan/share, the lowest transaction price was 13.19 yuan/share, and the total amount paid was 88,451,400 yuan (excluding transaction fees).

  Shennong Group: In October, it sold 74,500 live pigs, a year-on-year increase of 43.26%.

  () It was announced on the evening of November 8th that in October, the company sold 74,500 pigs (including 69,600 commercial pigs), with a year-on-year increase of 43.26% and a sales income of 270 million yuan, of which 15,400 pigs were sold to slaughter enterprises within the group. In October, the average selling price of the company’s commercial pigs was 26.41 yuan/kg, up 12.29% from the previous month.

  Shennong Group’s sales revenue of live pigs in October was 270 million yuan, and the average selling price of commercial pigs increased by 12.29% from the previous month.

  Shennong Group disclosed the main operating data announcement of aquaculture business in October 2022. In October, the company sold 74,500 pigs (including 69,600 commercial pigs) with a sales income of 270 million yuan. Among them, 15,400 pigs were sold to slaughter enterprises within the group. In October, the price of the company’s commercial pigs showed an upward trend, and the average selling price of commercial pigs was 26.41 yuan/kg, up 12.29% from September 2022.

  From January to October 2022, the company sold a total of 716,900 pigs (including 681,700 commercial pigs), with a sales income of 1.556 billion yuan. Among them, 135,000 pigs were sold to slaughter enterprises within the group.

  Yuancheng shares: Hangzhou Beijia intends to reduce its shareholding by no more than 2%.

  On November 8, the financial sector announced that Yuancheng shares announced that Hangzhou Beijia intends to reduce its shareholding by no more than 1.9990%.

  Zhongmu, a shareholder of Jindawei, has reduced its shareholding by 1.02%.

  () Announcement, shareholders of the company () have reduced their holdings of 6.294 million shares, accounting for 1.02%.

  Ningxia Xinao, a subsidiary of Xinao Co., Ltd., passed the high-tech enterprise certification.

  () Announcement: Ningxia Xin ‘ao Cashmere Co., Ltd. ("Ningxia Xin ‘ao"), a holding subsidiary of Zhejiang Xin ‘ao Textile Co., Ltd., recently learned that according to relevant regulations, Ningxia Xin ‘ao was included in the first batch of high-tech enterprises registered by Ningxia Hui Autonomous Region accreditation bodies in 2022.

  It is reported that this is the first time that Ningxia Xin ‘ao has been listed on the list of high-tech enterprises. According to the Enterprise Income Tax Law of People’s Republic of China (PRC) and the relevant tax policies of high-tech enterprises, it can enjoy the relevant preferential policies of the state on high-tech enterprises and pay enterprise income tax at the rate of 15%. At present, Xin ‘ao in Ningxia has enjoyed the preferential enterprise income tax policy for the development of western China, and the enterprise income tax is calculated and paid at a reduced rate of 15%, and some provisions of the investment promotion policy of Ningxia Hui Autonomous Region are applicable.

  Xin Yongheng, the major shareholder of Mingzhi Electric, intends to reduce its shareholding by no more than 1.9%.

  () Announcement: New Eternal, a shareholder who holds more than 5% of the company’s shares, intends to reduce the company’s shares by no more than 8 million shares, and the planned reduction ratio is no more than 1.9045%.

  Lidao New Materials is located in Changzhou, and related houses will be demolished.

  () Announcement: On November 8, 2022, the company received the Notice of House Expropriation and Demolition from Xinzha Sub-district Office in Zhonglou District, Changzhou, with the main contents as follows: According to the overall objectives and tasks of Changzhou’s "532" development strategy, the buildings (structures) of your unit located at No.1959 Longcheng Avenue in Changzhou have been included in the scope of expropriation and will be expropriated soon. The implementation time is from November 8, 2022.

  Daqin Railway: The freight volume of Daqin Railway in October was 18.69 million tons, down 43.12% year-on-year.

  () Announcement: In October 2022, Daqin Line, the company’s core operating asset, was intensively repaired in autumn. In the whole month, the cargo transportation volume was 18.69 million tons, a year-on-year decrease of 43.12%. The average daily traffic volume is 602,900 tons. On the Daqin Line, there are 41 heavy trucks running every day, including 26.8 trains with an average daily capacity of 20,000 tons. From January to October, 2022, the total cargo transportation volume of Daqin Line was 337.83 million tons, a year-on-year decrease of 1.59%.

  Mingzhi Electric: The shareholder New Eternal Company intends to reduce its shareholding by no more than 1.9%.

  Mingzhi Electric announced on the evening of November 8 that New Eternal Company, which holds 7.99% of the shares, intends to reduce its holdings by no more than 4 million shares through centralized bidding on the stock exchange due to business needs, and reduce its holdings by no more than 4 million shares in block transactions, accounting for 1.9% of the company’s total share capital.

  Daqin Railway: In October, the freight volume of Daqin Railway decreased by 43.12% year-on-year.

  Daqin Railway announced on the evening of November 8 that in October, the company’s core operating assets, Daqin Line, were intensively repaired in autumn. At the same time, the epidemic situation in Datong area was severe and complicated, and the transportation order of Daqin Line was affected. The cargo transportation volume in the whole month was 18.69 million tons, a year-on-year decrease of 43.12%. The average daily traffic volume is 602,900 tons. On the Daqin line, there are 41 heavy trucks running every day. From January to October, the total cargo transportation volume of Daqin Line was 337.83 million tons, a year-on-year decrease of 1.59%.

  Xie Xian, a shareholder of Fenghua, reduced his shareholding by 1%.

  () Announcement was issued. On November 7, 2022, the company received the Notice Letter from Xie Xian, a shareholder, and his concerted actions that Xie Xian and his concerted actions reduced their holdings of Fenghua shares by 1%. From September 23 to November 7, 2022, Xie Xian and his concerted actions reduced their holdings by 1.88 million shares, accounting for 1% of the company’s total share capital.

  The transfer price of Changcheng Limited, the major shareholder of Kangzhong Medical, was initially determined to be 19.29 yuan/share.

  According to the announcement of Kangzhong Medical, according to the inquiry and subscription situation on November 7, 2022, it was preliminarily determined that the price of the company’s shareholders Changcheng Co., Ltd. and Horgos Junlian Chengyu Venture Capital Co., Ltd. (collectively referred to as the "transferor") was 19.29 yuan/share, which was 85.02% of the closing price of Kangzhong Medical’s shares on the inquiry and subscription date (November 7, 2022).

  Commodity City appoints Zhao Difang as the financial controller.

  () Announcement, the board of directors of the company agreed to appoint Huang Haiyang, Zhang Qizhen, Li Xiaobao, Gong Chenghao, Shou Shengdi and Yang Yang as the deputy general managers of the company, Xu Hang as the secretary of the board of directors and Zhao Difang as the financial controller of the company.

  Commodity City elected Zhao Wenge as its chairman.

  Commodity City announced that the board of directors of the company elected Zhao Wenge as the chairman of the ninth board of directors of the company and Dong Wang as the vice chairman of the ninth board of directors of the company, with the term of office from the date of approval by the board of directors to the date of expiration of the current board of directors. Dong Wang is appointed as the general manager of the Company, with the term of office from the date of approval by the board of directors to the expiration date of the current board of directors.

  Jianghuai Automobile sold 17,050 pure electric passenger cars in October, a year-on-year increase of 53.59%.

  () Announcement, the company’s sales in October totaled 40,505 vehicles, up 10.18% year-on-year, among which, the sales of pure electric passenger cars were 17,050 vehicles, up 53.59% year-on-year. This year, the cumulative sales volume was 412,200 vehicles, down 4.86% year-on-year, among which, the sales volume of pure electric passenger cars was 154,100 vehicles, up 52.27% year-on-year.

  Ke Xiping and Xiamen Hengxing, the major shareholders of Ruisong Technology, plan to reduce their holdings by no more than 6%.

  Ruisong Technology announced that more than 5% of the company’s shareholders, Ke Xiping and Xiamen Hengxing, plan to reduce the company’s shares by no more than 4,041,600 shares, that is, no more than 6.00% of the company’s total share capital.

  Financial Street: The 100 million yuan subsidy provided by subsidiary Shengshi Xinhe to Tianjin Poly Champagne was extended for one year.

  On November 8, Financial Street issued an announcement on providing financial assistance to foreign countries.

  On November 8, Financial Street issued an announcement on providing financial assistance to foreign countries.

  According to the announcement, Tianjin Shengshi Xinhe Real Estate Co., Ltd. is a holding subsidiary of the company, and its wholly-owned subsidiaries Financial Street (Tianjin) Real Estate Co., Ltd. and Tianjin Poly Champagne Real Estate Development Co., Ltd. each hold 50% of its shares.

  On October 28th, 2021, with the approval of the 21st meeting of the Ninth Board of Directors of the Company, Shengshi Xinhe provided loans with the same conditions to both shareholders Tianjin Real Estate and Tianjin Poly Champagne in proportion to their shareholding, with a total loan amount of no more than 200 million yuan and a term of no more than one year, and no interest was charged on the loan. Among them, Shengshi Xinhe provided financial assistance to the foreign shareholder Tianjin Poly Champagne in proportion to its shareholding, with a term of no more than one year, and no interest was charged on the loan.

  According to the announcement, the above-mentioned loan is about to expire. Considering that the Shengshi Xinhe development project is coming to an end and there is no urgent capital demand in the short term, in order to improve the efficiency of capital use, the above-mentioned loan is extended for one year through consultation between shareholders of both parties.

  The object of this financial assistance is Tianjin Poly Champagne, the external shareholder of Shengshi Xinhe. Shengshi Xinhe extended the loan of 200 million yuan provided by shareholders of both parties in proportion to their shareholding for one year (November 8, 2022 ~ November 7, 2023) under the same conditions, and the loan was mainly used for the daily expenses of shareholders of both parties without interest. Among them, the financial assistance provided by Shengshi Xinhe to Tianjin Poly Champagne, a foreign shareholder, was extended for one year (November 8, 2022-November 7, 2023) without interest.

  Tianjin Poly Champagne’s indirect controlling shareholder () Holding Group Co., Ltd. provided a letter of liquidity support to Shengshi Xinhe for this loan, promising to unconditionally provide liquidity support in cash and guarantee to repay the loan principal.

  Zhenfa Energy, the major shareholder of Jiawei Xinneng, plans to passively reduce its shareholding by no more than 1.21%.

  () It is announced that the debts related to the stock pledge financing business of Zhenfa Energy Group Co., Ltd. ("Zhenfa Energy") and () Co., Ltd., which hold 19.67% of the company’s shares, are overdue, and there is a risk of passive reduction. TF Securities intends to sell no more than 10 million shares of Jiawei Xinneng held by Zhenfa Energy by centralized bidding or block trading, accounting for 1.21% of the company’s total share capital.

  Zhenhua Heavy Industry Co., Ltd., the major shareholder of Huawu Co., Ltd., failed to reduce its holdings at the expiration of the reduction plan period.

  () Announcement was issued, and the company received the Notice Letter on the Expiration of the Plan to Reduce the Company’s Shares issued by Shanghai () (Group) Co., Ltd. ("Zhenhua Heavy Industry"), a shareholder holding more than 5% of the shares. As of the disclosure date of this announcement, Zhenhua Heavy Industry has not reduced its stock holdings.

  Liren Venture Capital, the shareholder of Liren Lizhuang, reduced its shareholding by 1% and reduced its shareholding by more than half.

  () Announcement was issued. As of November 8, 2022, Shanghai Liren Venture Capital Partnership (Limited Partnership) (hereinafter referred to as "Liren"), the shareholder of the company, has reduced its holdings by more than half in this reduction plan. Liren has reduced its holdings of 4,018,800 shares of the company through centralized bidding transactions, accounting for 1.00% of the company’s total share capital, but it has not reduced its holdings of the company through block transactions.

  Ruisong Technology: Ke Xiping and Xiamen Hengxing plan to reduce their holdings by no more than 6%.

  Ruisong Technology announced on the evening of November 8 that shareholders Ke Xiping and Xiamen Hengxing plan to reduce their holdings of the company’s shares by centralized bidding and/or block trading, that is, no more than 4,041,600 shares, that is, no more than 6.00% of the company’s total share capital.

  Jingfeng Mingyuan: The employee stock ownership platform plans to transfer 1.51% of the company’s shares by inquiry.

  Jingfeng Mingyuan announced that Sanya Jingzherui Enterprise Management Center (Limited Partnership) ("Transferor"), the employee-owned platform and 21.18% shareholder of the company, plans to transfer 950,000 shares by inquiry, accounting for 1.51% of the company’s total share capital. It is reported that the price floor transferred by this inquiry is not less than 70% of the average stock trading price in the 20 trading days before the date of sending the subscription invitation (that is, November 8, 2022, including that day).

  The 48.6 million restricted shares of Bafang will be listed and circulated on November 14th.

  () It is announced that the restricted shares listed and circulated this time are all restricted shares of the initial public offering held by Mr. Wang Qinghua, the controlling shareholder of the company, and the restricted sale period is 36 months from the date of listing of the company’s shares. The number of restricted shares listed and circulated this time is 48.6 million shares, accounting for about 40.40% of the company’s total share capital, and will be listed and circulated on November 14, 2022.

  Huaxia Happiness: The overdue amount of new debts in October was 2.119 billion yuan.

  () On the evening of November 8th, it was announced that from October 1st to 31st, 2022, the company and its subsidiaries increased the amount of debts that failed to repay bank loans, trust loans and other forms as scheduled by 2.119 billion yuan (excluding interest), and the accumulated amount of debts that the company failed to repay as scheduled totaled 59.622 billion yuan (excluding interest). As of October 31, 2022, the total amount of 219.2 billion yuan of financial debt in the Debt Restructuring Plan has been 126.222 billion yuan, and the corresponding amount of debt interest reduction and penalty interest exemption is 11.350 billion yuan.

  Beijing-Shanghai high-speed railway: Beijing-Shanghai plans to reduce its shareholding by no more than 2.6%.

  () Announced that Ping An Asset Management plans to reduce its holding of the company’s shares by no more than 1.279 billion shares (accounting for no more than 2.60% of the company’s total share capital) through centralized bidding and block trading according to the application of the beneficiaries of the company’s shareholder Beijing-Shanghai plan (the beneficiaries who submitted the application for reduction do not include China Ping An Life Insurance Company of China Insurance Co., Ltd.).

  Beijing-Shanghai high-speed railway: Beijing-Shanghai plans to reduce its shareholding by no more than 2.6%.

  Beijing-Shanghai High-speed Railway announced that Ping An Asset Management plans to reduce its holding of no more than 1.279 billion shares (accounting for no more than 2.60% of the company’s total share capital) through centralized bidding and block trading according to the application of the beneficiaries of Beijing-Shanghai Plan (the beneficiaries who submitted the application for reduction do not include China Ping An Life Insurance Company of China Insurance Co., Ltd.).

  Jiuhua Tourism: Jiarun Jindi reduced its shareholding by 1.99% through centralized bidding.

  () Announcement: As of the disclosure date of this announcement, the time interval of the plan for reducing shares has expired, and Jiarun Jindi reduced its holdings of Jiuhua Tourism shares by centralized bidding during the implementation of the plan, accounting for 1.99% of the company’s total share capital. In addition, Jiarun Jindi reduced its holdings of Jiuhua Tourism by 3.6 million shares through block trading, accounting for 3.25% of the company’s total share capital.

  Qifei, a subsidiary of 360, completed the sale of the equity of Ou Peng browser and received a transaction consideration of 129 million US dollars.

  () Announcement, as disclosed in the previous announcement, Qifei International Development Co., Ltd. ("Qifei"), a wholly-owned subsidiary of the company, will hold 46.75 million shares of its shareholding company Opera Limited (American listed company, stock code: OPRA, "Ou Peng Browser") (as of June 30, 2022, About 20.30% of the total shares of Ou Peng browser) was repurchased by Ou Peng browser at the price of 5.50 US dollars /ADS(1ADS=2 shares), and the total transaction price was 129 million US dollars. After the completion of this transaction, the company will no longer hold the equity of Ou Peng Browser.

  According to the announcement, on November 7, 2022, Qifei received the transaction consideration of 129 million US dollars paid by Ou Peng Browser for this equity transfer. As of the disclosure date of the announcement, both parties have completed the equity delivery procedures and this transaction has been completed.

  Southwest Securities’ public offering of subordinated corporate bonds of no more than 6 billion yuan to professional investors was approved by the China Securities Regulatory Commission.

  Southwest Securities issued an announcement. Recently, the company received the "Reply on Approving the Registration of Southwest Securities Co., Ltd. to Publicly Issue Subcompany Bonds to Professional Investors" from China Securities Regulatory Commission. The contents of the reply are as follows: Agree to the company’s registration application for publicly issuing Subcompany Bonds with a total face value of no more than 6 billion yuan to professional investors.

  Beijing-Shanghai high-speed railway: Beijing-Shanghai plans to reduce its shareholding by no more than 2.60%.

  Beijing-Shanghai High-speed Railway announced on the evening of November 8 that Ping An Asset Management Co., Ltd. (hereinafter referred to as Ping An Asset Management) holds 8.29% of the company’s shares in the Ping An Asset Management-China Construction Bank-Beijing-Shanghai High-speed Railway Equity Investment Plan (hereinafter referred to as Beijing-Shanghai Plan) entrusted by the trustee. Ping An Asset Management plans to reduce its shares by no more than 2.60% through centralized bidding and block trading according to the application of the beneficiaries of Beijing-Shanghai Plan (excluding China Ping An Life Insurance Company of China Insurance Co., Ltd. who submitted the application for reduction).

  Beijing-Shanghai high-speed railway: Beijing-Shanghai plans to reduce its shareholding by no more than 2.60%.

  Beijing-Shanghai High-speed Railway announced on the evening of November 8 that Ping An Asset Management Co., Ltd. (hereinafter referred to as Ping An Asset Management) holds 8.29% of the company’s shares in the Ping An Asset Management-China Construction Bank-Beijing-Shanghai High-speed Railway Equity Investment Plan (hereinafter referred to as Beijing-Shanghai Plan) entrusted by the trustee. Ping An Asset Management plans to reduce its shares by no more than 2.60% through centralized bidding and block trading according to the application of the beneficiaries of Beijing-Shanghai Plan (excluding China Ping An Life Insurance Company of China Insurance Co., Ltd. who submitted the application for reduction).

  Beijing-Shanghai high-speed railway: Beijing-Shanghai plans to reduce its shareholding by no more than 2.60%.

  Beijing-Shanghai High-speed Railway announced on the evening of November 8 that Ping An Asset Management Co., Ltd. (hereinafter referred to as Ping An Asset Management) holds 8.29% of the company’s shares in the Ping An Asset Management-China Construction Bank-Beijing-Shanghai High-speed Railway Equity Investment Plan (hereinafter referred to as Beijing-Shanghai Plan) entrusted by the trustee. Ping An Asset Management plans to reduce its shares by no more than 2.60% through centralized bidding and block trading according to the application of the beneficiaries of Beijing-Shanghai Plan (excluding China Ping An Life Insurance Company of China Insurance Co., Ltd. who submitted the application for reduction).

  Shenzhou Cell Engineering, a subsidiary of Shenzhou Cell, has been recognized by high-tech enterprises.

  Shenzhou Cell issued an announcement. According to the Announcement on Filing the First Batch of Pilot High-tech Enterprises in the Fields of Integrated Circuits, which was issued by the Office of the National Leading Group for the Recognition and Management of High-tech Enterprises on November 8, 2022, Shenzhou Cell Engineering Co., Ltd. ("Shenzhou Cell Engineering"), a holding subsidiary of the company, passed the recognition of high-tech enterprises. Date of issuance: October 18, 2022, valid for three years.

  It is reported that China Cell Engineering has enjoyed the preferential tax policies of the state on high-tech enterprises for three consecutive years since it was recognized as a high-tech enterprise, that is, it pays enterprise income tax at the rate of 15%.

  Spring Airlines: Spring Group pledged its 22.05 million shares of the company to provide performance guarantee for borrowing from financial institutions.

  China Fortune Connect, November 8-Spring Airlines announced that the company received a notice from its controlling shareholder, Chunqiu Group, and learned that Chunqiu Group had pledged its 22.05 million shares of unrestricted shares in China Securities Depository and Clearing Co., Ltd. Shanghai Branch on November 7. The purpose of Chunqiu Group’s pledge of shares this time is to provide performance guarantee for borrowing from financial institutions, and the above pledged shares are not used as guarantee or other security purposes for matters such as performance compensation for major asset restructuring.

  Lingdian Electric Control: Tan Chun has reduced his holdings by about 1,353,700 shares, and his shareholding ratio has dropped to 4.09%.

  China Fortune Connect, November 8-Lingdian Electric Control announced that on November 8, 2022, the company received the "Notice Letter on the Result of Reducing Shares" issued by Tan Chun, and Tan Chun reduced the company’s shares by a block trade in this reduction plan, accounting for about 1,353,700 shares, accounting for 2.61% of the company’s total shares. The time interval of this reduction plan expires. After the completion of this reduction, Tan Chun holds 4.09% of the company’s shares.

  Honglou Group, the major shareholder of Lishang Guochao, and its concerted action plan to reduce its shareholding by no more than 2%.

  () Announcement: Honglou Group, a shareholder holding more than 5% of the company’s shares, and its concerted actions plan to reduce the company’s shares by centralized bidding within 6 months from November 30, 2022, that is, no more than 2% of the company’s total share capital after canceling the repurchase of treasury shares.

  Aojing Medical shareholders intend to reduce their holdings by no more than 3%.

  Aojing Medical announced that Chilon Tianyou, a shareholder holding 6.8% of the shares, plans to reduce its holdings by no more than 4 million shares, accounting for 3% of the total shares of Aojing Medical.

  Beijing-Shanghai high-speed railway: Beijing-Shanghai plans to reduce its shareholding by no more than 2.6%.

  The financial sector announced on November 8 that Beijing-Shanghai high-speed railway announced that Ping An Asset Management intends to reduce its shareholding by no more than 2.6% according to the application of the beneficiaries of the Beijing-Shanghai plan.

  Zhizheng Co., Ltd. plans to spend 119 million yuan to acquire a 51% stake in Suzhou Juyun, a manufacturer of special semiconductor equipment.

  () Announcement: On November 8, 2022, the company signed an Asset Purchase Agreement with SUCCESS FACTORS Limited ("Success Factors" and "Counterparty") to acquire 51% equity of Suzhou Juyun Technology Co., Ltd. ("Suzhou Juyun" and "Target Company") held by Success Factors in cash, with a transaction price of RMB 119.34 million.

  According to the announcement, SUCCESS FACTORS agreed to make a performance commitment to Suzhou Orange Cloud: Suzhou Orange Cloud’s net profit after deducting non-recurring gains and losses in 2022, 2023 and 2024 shall be no less than RMB 13.5 million, RMB 18.9 million and RMB 26.46 million respectively. If the actual net profit accumulated by Suzhou Orange Cloud by the end of the current period is lower than the net profit accumulated by the end of the current period in any year during the performance commitment period, SUCCESS FACTORS shall compensate the listed company.

  It is reported that Suzhou Juyun, as a professional manufacturer of semiconductor cleaning equipment, corrosion equipment, ovens and other equipment, has obtained many orders from head customers in the semiconductor industry and continues to expand to the previous process, which is expected to fully benefit from the improvement of the localization rate of the domestic semiconductor equipment industry. The purpose of this transaction is to expand from the original polymer material business for wire and cable to the field of semiconductor equipment, realize the diversified development of industrial layout, form new profit growth points and enhance the company’s profitability.

  Wolong electric drive: the subsidiary received the letter of intent for Weirui development.

  Wolong Electric Drive announced that its holding subsidiary, Wolong ZF, recently received a letter of intent for the development of Weirui Electric Vehicle Technology (Ningbo) Co., Ltd. (hereinafter referred to as "Weirui"), and Wolong ZF will provide Weirui with new energy vehicle motor parts, with an estimated sales amount of 719 million yuan and a delivery period from 2023 to 2031.

  Shareholders of Yuancheng Co., Ltd. intend to reduce their holdings by no more than 2% in a block transaction.

  Yuancheng shares announced that Hangzhou Beijia, a shareholder holding 10.65% of the shares, intends to reduce the company’s shares by no more than 5.7 million shares through block trading within six months after three trading days from the disclosure date of this announcement, and the proportion of the proposed reduction should not exceed 1.9990% of the company’s total share capital.

  Huaxia Happiness and its subsidiaries’ overdue amount of new debts in October was 2.119 billion yuan.

  Huaxia Happiness announced that from October 1, 2022 to October 31, 2022, the company and its subsidiaries increased the amount of debts that failed to repay bank loans, trust loans and other forms as scheduled by 2.119 billion yuan (excluding interest), and the accumulated amount of debts that the company failed to repay as scheduled totaled 59.622 billion yuan; By the end of October, the total amount of 219.2 billion yuan of financial debt in the Debt Restructuring Plan has been 126.222 billion yuan, and the corresponding amount of debt interest reduction and penalty interest exemption totaled 11.350 billion yuan.

  Zhizheng intends to borrow no more than 120 million yuan from the controlling shareholder to acquire the equity of Suzhou Orange Cloud.

  Zhizheng Co., Ltd. announced that in order to meet the company’s cash demand for purchasing 51% equity of Suzhou Juyun Technology Co., Ltd. ("Suzhou Juyun"), the company intends to apply to Shenzhen Zhengxin Tongchuang Investment Development Co., Ltd. ("Zhengxin Tongchuang"), the controlling shareholder, for a loan amount of no more than RMB 120 million; The loan term is no more than 3 years from the date of actual receipt of the loan, and the loan interest rate is the bank loan interest rate for the same period.

  SINOMACH’s subsidiary won the bid for 399 million yuan of Yubei factory replacement and green intelligent upgrade construction project.

  () Announced that the Fourth Design and Research Institute of Mechanical Industry Co., Ltd., a wholly-owned subsidiary of the company (referred to as the "Fourth Institute"), received the Notice of Winning Bid from Chongqing International Investment Consulting Group Co., Ltd. on November 7, 2022, confirming that the Fourth Institute won the bid for the "Yubei Factory Replacement and Green Intelligent Upgrade Construction Project-Painting Production Line", with the winning amount of 399 million yuan.

  This project is a turnkey project to build a painting production line with an annual production capacity of 280,000 vehicles, including the design, procurement, manufacture, installation and debugging of the painting line, and to meet all technical requirements such as rhythm and quality.

  Beijing Hongyu, the major shareholder of Trina Solar, terminated the reduction plan ahead of schedule and did not implement the reduction.

  Trina Solar announced that on November 8, 2022, the company received a notice letter from Beijing Hongyu Technology Partnership (Limited Partnership) ("Beijing Hongyu"), a shareholder holding more than 5% of shares. Based on its own asset management plan and capital demand, Beijing Hongyu decided to terminate the announcement of Trina Solar Co., Ltd. on the shareholding reduction plan of shareholders holding more than 5% of shares disclosed by the company on September 10, 2022. As of the disclosure date of this announcement, Beijing Hongyu has not reduced its shareholding in the company.

  Yinlong Co., Ltd. set up a new energy company in Changchun, Jilin Province to undertake local photovoltaic power generation construction services.

  () Announcement: On November 7, 2022, the company established a wholly-owned subsidiary Yinlong New Energy (Jilin) Co., Ltd. ("Yinlong Jilin New Energy") in Changchun City, Jilin Province, with a registered capital of 50 million yuan. Taking Yinlong Jilin New Energy as the industrial base in Changchun City, Jilin Province, the company takes advantage of its location to undertake photovoltaic power generation construction services in Changchun City and its surrounding areas, and provides the company with prestressed materials, steel strand fastening systems and flexible photovoltaic support products. Based on the existing prestressed material industry, the company has expanded its application field to flexible photovoltaic brackets, which has a synergistic effect with the existing industry.

  Chifeng Gold: 129 million restricted shares will be listed and circulated on November 14th.

  () Announcement on the listing and circulation of non-public offering of restricted shares. The number of restricted shares listed and circulated this time is 129 million shares, accounting for 7.74% of the company’s current total share capital, and the listing and circulation date is November 14, 2022.

  SINOMACH: The subsidiary won the bid of 399 million yuan.

  SINOMACH announced on the evening of November 8th that the company’s wholly-owned subsidiary, the Fourth Design and Research Institute of Mechanical Industry Co., Ltd., won the bid for the replacement and green intelligent upgrading construction project of Yubei factory-painting production line, with the winning bid amount of 399 million yuan.

  Minmetals Capital will issue a dividend of "Five Gifts and Excellent 1" per share of 4.7 yuan on November 17th.

  () Announcement: On November 17th, 2022, the company will distribute the dividend of preferred stock (Phase I) (preferred stock code: 360042, and preferred stock abbreviation: Wuziyou 1), with a cash dividend of RMB 4.70 (including tax) per preferred stock; Date of record is November 16th, 2022.

  Zhizheng shares: It is planned to acquire 51% equity of Suzhou Orange Cloud for 119 million yuan.

  Zhizheng announced on the evening of November 8 that the company intends to acquire 51% equity of Suzhou Juyun Technology Co., Ltd. (hereinafter referred to as Suzhou Juyun) held by SUCCESS FACTORS in cash, and the transaction price is 119.34 million yuan. Suzhou Juyun is mainly engaged in the research, development, production and sales of special semiconductor equipment, and can provide most of the equipment needed for the semiconductor wet process. The main products include cleaning equipment, corrosion equipment, gluing and developing equipment, glue removal equipment, oven equipment, slicing equipment, etc., and the product line is relatively rich.

  Trina Solar: Shareholder Beijing Hongyu terminated the reduction plan ahead of schedule.

  Trina Solar announced on the evening of November 8 that the company had received a letter from Beijing Hongyu Technology Partnership (Limited Partnership) (hereinafter referred to as "Beijing Hongyu"), a shareholder holding 5.11% of the shares. Based on its own asset management plan and capital demand, Beijing Hongyu decided to terminate the Announcement of Trina Solar Co., Ltd. on the Share Reduction Plan of Shareholders Holding More than 5% of the shares disclosed by the company on September 10, 2022. As of the disclosure date of this announcement, Beijing Hongyu has not reduced its shareholding in the company.

  Shanghai Rural Commercial Bank: Shareholders’ International Group and other companies intend to increase their shares and stabilize their share prices.

  () On the evening of November 8th, it was announced that the company planned to adopt the measures of shareholders international group, state-owned assets management, international asset management, Jiushi Group and Zhejiang Shanghai-Hangzhou-Ningbo to stabilize the stock price by not less than 15% of the total cash dividends it received from the company in the latest year. International Group and its subsidiaries’ state-owned assets management and international asset management plan to increase their holdings by no less than 73.48 million yuan, and Jiushi Group and Zhejiang Shanghai-Hangzhou-Ningbo plan to increase their holdings by no less than 61.6428 million yuan and 39.2093 million yuan respectively. There is no price range for this increase plan.

  Kweichow Moutai plans to donate 100 million yuan to China Youth Development Foundation.

  () Announcement: On November 8, 2022, the board of directors of the company reviewed and approved the Proposal on Carrying out the Public Welfare Education Activities of the 2022 "China Maotai. Pillar of the Country" Hope Project; The meeting decided that the company would donate 100 million yuan to the China Youth Development Foundation to carry out the public welfare education activities of the "China Maotai. Pillar of the Country" Hope Project in 2022.

  Yinlong shares: set up a wholly-owned subsidiary Yinlong Jilin New Energy.

  Yinlong announced on the evening of November 8 that the company established a wholly-owned subsidiary Yinlong New Energy (Jilin) Co., Ltd. (referred to as "Yinlong Jilin New Energy") with a registered capital of 50 million yuan, and its business scope includes: wind power generation technical services; Technical services for solar power generation; Sales of onshore wind turbines, etc. The establishment of Yinlong Jilin New Energy is conducive to promoting the application of the company’s products in the field of steel strand fastening system and flexible photovoltaic support.

  Trina Solar: Beijing Hongyu did not reduce its shareholding in the company and terminated its reduction plan ahead of schedule.

  On November 8, 2022, Trina Solar announced that on November 8, 2022, the company received a notice letter from Beijing Hongyu to terminate the shareholding reduction plan ahead of schedule. Based on its own asset management plan and capital demand, Beijing Hongyu decided to terminate the announcement of Trina Solar on the shareholding reduction plan of shareholders holding more than 5% shares disclosed by the company on September 10, 2022 (announcement number: 2022-092) ahead of schedule. As of the disclosure date of the announcement, Beijing Hongyu has not reduced its shareholding in the company.

  Yongjin Co., Ltd.: It is planned to invest in the construction of a special shell material for cylindrical batteries with an annual output of 225,000 tons.

  () On the evening of November 8th, it was announced that the company planned to set up a wholly-owned subsidiary "Zhejiang Hunsai New Materials Technology Co., Ltd." to invest in the construction of "Special Shell Material Project with an annual output of 225,000 tons", with a planned total investment of about 1.4 billion yuan.

  SINOMACH: Winning the bid for Yubei factory replacement and green intelligent upgrade construction project.

  SINOMACH announced that it won the bid for the replacement of Yubei factory and the green intelligent upgrade construction project. This project is to build a painting production line with an annual production capacity of 280,000 vehicles, with a bid amount of 399 million yuan.

  On November 8, according to the report of Cailian, SINOMACH announced that it won the bid for the replacement of Yubei factory and the green intelligent upgrade construction project. This project is to build a painting production line with an annual production capacity of 280,000 vehicles, and the winning bid amount is 399 million yuan.

  Yongjin Co., Ltd. plans to invest about 1.4 billion yuan to build a production line of special shell materials for cylindrical batteries with an annual output of 225,000 tons.

  Yongjin Co., Ltd. announced that it plans to set up a wholly-owned project company "Zhejiang Hunsai New Materials Technology Co., Ltd." (tentative name) to invest in the construction of "Special Shell Material Project with an annual output of 225,000 tons", with a planned total investment of about 1.4 billion yuan. The project is constructed in two phases, of which the first phase lasts for 12 months, and the second phase lasts for 18 months, with an annual processing capacity of 75,000 tons of special materials for cylindrical battery casings.

  It is reported that the special material for cylindrical battery shell produced by this project relies on the company’s rich production experience accumulated in the field of ultra-thin precision stainless steel strip production. After the completion of the project, the company’s product categories will be enriched, and the product structure will be further optimized, which will help improve the company’s profitability.

  Kweichow Moutai: The company donated 100 million yuan to China Youth Development Foundation.

  Kweichow Moutai announced that the board meeting decided that the company would donate 100 million yuan to the China Youth Development Foundation to carry out the public welfare education activities of the 2022 "China Maotai, the pillar of the country" Hope Project.

  Shareholders of Jinguan Electric intend to reduce their holdings by no more than 6%.

  Jinguan Electric announced that Ding Huitong, a shareholder holding 7.54% of the shares, plans to reduce some of its shares through centralized bidding and block trading, with a total number of no more than 8,166,600 shares, accounting for 6% of the company’s total share capital.

  Sanfangxiang’s application for public offering of convertible bonds was approved by the Issuance Audit Committee of China Securities Regulatory Commission.

  () Announcement was issued. On November 8, 2022, the 124th meeting of the 18th Issuance Review Committee of China Securities Regulatory Commission ("China Securities Regulatory Commission") reviewed the company’s application for public issuance of convertible corporate bonds. According to the results of the meeting, the company’s application for public offering of convertible corporate bonds was approved by the issuance and examination committee of China Securities Regulatory Commission.

  Tianchen shares: the subsidiary plans to invest 1.71 billion yuan in the 1B project of the East Block of Tianchen Health City.

  Tianchen shares announced that Tianchen Health Company, a holding subsidiary, will start the development and construction of the 1B project of the East Block of Tianchen Health City this year. The project is located in Zhuanqiao Town, Minhang District, Shanghai. It is estimated that the total investment will be about 1.71 billion yuan, which will be used to build office, hotel and business complex buildings.

  Lishang Guochao: Honglou Group and its concerted parties intend to reduce their holdings by no more than 2%.

  Lishang Guochao announced on the evening of November 8 that Honglou Group Co., Ltd. (hereinafter referred to as "Honglou Group") and its concerted parties plan to reduce their holdings by no more than 2% through centralized bidding.

  Bank of Jiangsu: the shareholding ratio of Nanjing-Shanghai Expressway and Concerted Action increased to 6.51%.

  () Announcement: From October 14, 2021 to November 8, 2022, Jiangsu () Highway Co., Ltd. ("Nanjing-Shanghai Expressway") and Jiangsu Nanjing-Shanghai Investment Development Co., Ltd. ("Nanjing-Shanghai Investment"), the shareholder of the bank, increased their holdings by 223 million shares, accounting for 1.51% of the total share capital, and the total shareholding ratio of Nanjing-Shanghai Expressway and its concerted parties increased to 6.

  Shareholders of Beijing-Shanghai high-speed rail plan to reduce their holdings by no more than 2.6%.

  Beijing-Shanghai High-speed Railway announced that Ping An Asset Management, a shareholder holding 8.29% of the shares, plans to reduce its holdings of the company by no more than 2.60% of the company’s total share capital through centralized bidding and block trading.

  Mingzhi Electric’s shareholders intend to reduce their holdings by no more than 1.9%.

  Mingzhi Electric announced that Xin Yongheng, a shareholder holding 7.9859%, intends to reduce its shareholding by no more than 1.9045%.

  Shareholders of Ruisong Technology intend to reduce their holdings by no more than 6%.

  Ruisong Technology announced that shareholder Ke Xiping and his concerted action Xiamen Hengxing plan to reduce the company’s shares by centralized bidding and/or block trading to no more than 6% of the company’s total share capital.

  Petrochemical oil service: the subsidiary won the bid for 830 million US dollars overseas engineering project.

  () Announcement: China Petrochemical Group International Petroleum Engineering Co., Ltd., a wholly-owned subsidiary, won the bid for 14 development well drilling and workover rigs and 1 deep well drilling rig project of Kuwait Petroleum Corporation (KOC), with a contract period of 5+1 years and a total amount of about 830 million US dollars, equivalent to about 5.988 billion yuan, accounting for 8.61% of the company’s operating income in 2021.

  Pudong Construction: Recently, a number of major projects won the bid, totaling 1.538 billion yuan.

  Pudong Construction Announcement: Recently, Shanghai Pudong New Area Construction (Group) Co., Ltd., Shanghai Pudong Road and Bridge (Group) Co., Ltd. and Shanghai Pudong Architectural Design and Research Institute Co., Ltd. won the bid for a number of major projects, with a total winning amount of 1.538 billion yuan.

  Zhizheng shares: it is planned to acquire 51% equity of Suzhou Juyun, a manufacturer of special semiconductor equipment, for 119 million yuan.

  Zhizheng shares announced that the company intends to acquire 51% equity of Suzhou Juyun Technology Co., Ltd. ("Suzhou Juyun") in cash at a transaction price of 119.34 million yuan. Suzhou Juyun is mainly engaged in the research, development, production and sales of special semiconductor equipment, and can provide most of the equipment needed for the semiconductor wet process. The main products include cleaning equipment, corrosion equipment, gluing and developing equipment, glue removal equipment, oven equipment, slicing equipment, etc., and the product line is relatively rich. According to the performance commitment, Suzhou Orange Cloud’s net profit after non-deduction in 2022, 2023 and 2024 is not less than 13.5 million yuan, 18.9 million yuan and 26.46 million yuan respectively.

  The contracted sales amount of Shimao from January to October was about 7.8 billion yuan, down 70% year-on-year.

  () Announced that from January to October, 2022, the contracted sales area of the company was about 610,000 square meters, down 55% year-on-year; The contracted sales amount was about 7.8 billion yuan, down 70% year-on-year, and 60% of the annual contracted target was achieved. From January to October, the company has no new real estate reserve projects.

  Shimao shares: the contracted sales amount from January to October was about 7.8 billion yuan, down 70% year-on-year.

  Shimao announced on the evening of November 8 that from January to October, the company achieved a sales contracted area of about 610,000 square meters, down 55% year-on-year; The contracted sales amount was about 7.8 billion yuan, down 70% year-on-year, and 60% of the annual contracted target was achieved.

  Zhizheng Co., Ltd. plans to acquire 51% equity of Suzhou Orange Cloud at a price of 119 million yuan.

  On the evening of November 8, Zhizheng announced that it had signed an Asset Purchase Agreement with SUCCESS FACTORS LIMITED, and planned to acquire 51% equity of Suzhou Juyun Technology Co., Ltd. (hereinafter referred to as "Suzhou Juyun") in cash, with a transaction price of about 119 million yuan.

  It is understood that Suzhou Orange Cloud is mainly engaged in the research and development, production and sales of special semiconductor equipment, and can provide most of the equipment required for the semiconductor wet process. The main products include cleaning equipment, corrosion equipment, coating and developing equipment, adhesive removal equipment, oven equipment and slicing equipment.

  Zhizheng Co., Ltd. said that the company’s implementation of this transaction aims to expand from the original polymer materials business for wires and cables to the field of semiconductor equipment, realize the diversified development of industrial layout and form new profit growth points.

  Lu Kang Medicine: Obtained the registration certificate of Esomeprazole Sodium.

  () On the evening of November 8th, it was announced that the company had recently received the Pharmaceutical Registration Certificate of Esomeprazole Sodium for Injection issued by National Medical Products Administration.

  Lu Kang Medicine: "Esomeprazole Sodium for Injection" was approved for registration.

  Lu Kang Pharmaceutical Announcement: Recently, the company received the Drug Registration Certificate of Esomeprazole Sodium for Injection issued by National Medical Products Administration, and the approval of the drug for marketing is deemed to have passed the consistency evaluation of generic drug quality and efficacy. It is reported that esmomeprazole sodium for injection is used for low-risk patients with gastroesophageal reflux disease and acute gastric or duodenal ulcer bleeding; According to the information in PDB database, the total sales of esmomeprazole sodium for injection in China sample hospital in 2021 was about 974 million yuan. This product was included in the seventh batch of national drug collection in July 2022.

  ST Zhongzhu: Four shareholders, including Huang Pengbin, reached a concerted action relationship, holding a total of 11.69%.

  () Announcement: On November 7, 2022, the company received written letters from four shareholders of the company, namely Shenzhen Xindesheng Development Co., Ltd. ("Xindesheng Company"), Shenzhen Yiti Zhengrun Asset Management Co., Ltd. ("Yiti Zhengrun"), Shenzhen Kaishengying Technology Co., Ltd. ("Kaishengying Company") and Huang Pengbin, namely Xindesheng Company, Yiti Zhengrun Company and Kaishengying Company.

  As of the disclosure date of the announcement, the shareholding ratio of shareholder Xindesheng Company is 0.01%; The shareholding ratio of One Body Zhengrun is 3.128%; The shareholding ratio of Kaishengying Company is 3.327%; Huang Pengbin holds 5.225% of the shares. Based on the consistency of the company’s investment concept and business concept, the above shareholders voluntarily reached a concerted action relationship. After the signing of the agreement, the rights and interests owned by Xindesheng Company, One Body Zhengrun Company, Kai Shengying Company and Huang Pengbin were calculated by merging, and the total shareholding ratio reached 11.690%.

  Changsha Bank plans to build a new financial industrial park with 2.683 billion yuan.

  () It is announced that the proposal for the main project construction of the new financial industrial park will be reviewed at the shareholders’ meeting held on November 16th. Previously, with the approval and authorization of the board of directors, the bank purchased construction land for 392 million yuan on May 25th.

  Changsha Bank said that the construction of the new financial industrial park is to completely solve the shortage of production and office space such as backup data center, centralized operation center, archive center and customer service center in the same city, which can not only meet the regulatory requirements for the construction of A-level data center, but also have the experience of peer development. Therefore, it is planned to invest 2.683 billion yuan to build the new financial industrial park.

  According to the planning index, the new financial industrial park is estimated to have a total construction area of about 245,000 square meters, including a capacity building area of about 185,000 square meters and an underground parking area of about 60,000 square meters. At the same time, supporting the construction of outdoor roads, pipe networks, greening, sanitation, security, oil tanks and other supporting facilities. It is estimated that the construction period is about 5 years, and the joint acceptance standard can be reached by the end of 2027 at the earliest.

  Zhongwang Software has received a total of 21.485 million yuan of government subsidies.

  Zhongwang Software announced that from September 4, 2021 to November 8, 2022, the company received a total of 21.485 million yuan of government subsidies, all of which were related to income.

  Huaxia Happiness: The total amount of debt restructuring signed is 126.2 billion yuan.

  On November 8, Huaxia Happiness Foundation Co., Ltd. (hereinafter referred to as "Huaxia Happiness") issued a notice on overdue debts and the progress of debt restructuring, saying that from October 1 to October 31 this year, the company and its subsidiaries increased the amount of debts that failed to repay bank loans and trust loans as scheduled (excluding interest), and the accumulated amount of debts that the company failed to repay as scheduled was 59.622 billion yuan.

  In order to resolve the company’s debt risk and accelerate the orderly operation of the company, Huaxia Happiness formulated the Debt Restructuring Plan and disclosed its main contents on October 8, 2021. As of October 31st, the total amount of financial debt of 219.2 billion yuan in the Debt Restructuring Plan that has been contracted to realize debt restructuring is 126.222 billion yuan, and the corresponding amount of debt interest reduction and penalty interest exemption is 11.350 billion yuan. At the same time, according to the progress of debt restructuring, the company has started two batches of cash payment arrangements for relevant creditors, with a total payment amount of 1.916 billion yuan.

  As for the overseas dollar bonds issued by Huaxia Happiness’s subsidiaries, up to now, the holders who hold more than 50% of the total principal of overseas dollar bonds (with a total duration of 4.96 billion US dollars) have signed an overseas Restructuring Support Agreement, among which the holders who hold more than 1 billion US dollars of the original bond principal choose to pay off part of their creditor’s rights by paying off debts with shares.

  In addition, the announcement said that the total amount involved in the recent new litigation and arbitration cases of Huaxia Happiness was 755 million yuan, accounting for 11.96% of the company’s latest audited net assets attributable to shareholders of the parent company.

  Sun Jinzhong, the major shareholder of Pleco, reduced his shareholding by 1.30%.

  () It was announced that during the period from October 25th, 2022 to November 8th, 2022, Mr. Sun Jinzhong, a shareholder holding more than 5% of the company’s shares, reduced his holdings by 4,603,400 shares, accounting for 1.3044% of the company’s total share capital. Among them, the number of shares reduced by centralized bidding is 1,203,400 shares, accounting for 0.3410% of the company’s total shares; The number of shares reduced by block trading is 3.4 million shares, accounting for 0.9634% of the company’s total shares. As of the date of this announcement, Mr. Sun Jinzhong’s reduction plan by centralized bidding has been implemented by more than half, and the reduction plan has not yet been implemented.

  Bafang shares: 48.6 million restricted shares will be lifted on November 14th.

  China Fortune Link November 8-Bafang shares announced that 48.6 million restricted shares of the company will be released and listed on November 14, 2022, accounting for 40.4% of the company’s total share capital.

  Nandu Property intends to acquire the equity of Gushang Intelligent to invest in relevant plots in Hangzhou and build the headquarters building.

  () Announcement: In order to meet the demand for office space due to the expanding business scale and personnel growth, the company plans to acquire 17% equity of Zhejiang Gushang Intelligent Technology Co., Ltd. ("Gushang Intelligent") held by Zhejiang Nandu Industrial Development Group Co., Ltd. ("Nandu Industrial Development Group"), which is the controlling shareholder of the company, at a cost of 85,259,800 yuan. After the equity acquisition is completed, it will invest in Gushang Intelligent and subsequent self-decoration expenses step by step according to the project progress.

  It is reported that the company participated in the investment in the plot XH0205-17 of Shuangqiao (Yungu) unit and built the headquarters building through the above methods. The plot is located in Yungu District, Xihu District, Hangzhou, with Industry-University-Research gathering and convenient transportation. The company’s headquarters building is located in this plot, which is conducive to centralized management of personnel; The total construction area is 293,900 square meters, including 187,000 square meters above ground and 106,900 square meters underground.

  Mingzhi Electric: New Eternal intends to reduce its holdings by no more than 8 million shares, accounting for 1.9045% of the company’s total share capital.

  China Fortune Connect, November 8-Mingzhi Electric announced that New Eternal Company, a shareholder who held shares before the initial public offering, currently holds about 33.55 million shares of the company’s unrestricted shares, accounting for about 7.99% of the company’s total share capital. Recently, the company received a written application from the shareholder Xin Yongheng to reduce the company’s shares, and plans to reduce the holdings by no more than 4 million shares through centralized bidding on the stock exchange and no more than 4 million shares in block transactions, totaling no more than 8 million shares, accounting for 1.9045% of the company’s total share capital.

  21,480,400 restricted shares of Shengmei Shanghai will be listed and circulated on November 18th.

  Shengmei Shanghai announced that there are 15 restricted shareholders in this listing and circulation, and the total number of restricted shares is 21.4804 million, accounting for 4.95% of the company’s total shares. This part of restricted shares will be listed and circulated on November 18, 2022.

  Nandu Property: It is planned to acquire 17% equity of Gushang Intelligent.

  Nandu Property announced on the evening of November 8 that the company intends to acquire 17% equity of Zhejiang Gushang Intelligent Technology Co., Ltd. (hereinafter referred to as "Gushang Intelligent") held by Zhejiang Nandu Industrial Development Group Co., Ltd. for 85.2598 million yuan. After the equity transfer is completed, it will invest Gushang Intelligent and subsequent self-decoration expenses step by step according to the project progress, and increase capital in proportion to equity, with a total investment of no more than 300 million yuan. The company participated in the investment in the plot XH0205-17 of Shuangqiao (Yungu) unit and the construction of the headquarters building through the above methods.

  The shareholders of Yirui Technology, Tianjin Sequoia and Beijing Sequoia, intend to reduce their total shares by no more than 5%.

  Yirui Technology announced that the shareholders of the company, Tianjin Sequoia and Beijing Sequoia, intend to reduce their holdings of the company’s shares by no more than 3,627,400 shares through centralized bidding transactions or block transactions, and the total reduction ratio does not exceed 5% of the company’s total shares.

  Youyan Silicon will be listed in science and technology innovation board on November 10th.

  YanSi announced that the company’s stock will be listed in science and technology innovation board on November 10th, 2022.

  Yirui Technology: Tianjin Sequoia and Beijing Sequoia intend to reduce their holdings by no more than 5%.

  Yirui Technology announced on the evening of November 8 that the shareholders Tianjin Sequoia Juye Equity Investment Partnership (Limited Partnership) (hereinafter referred to as "Tianjin Sequoia") and Beijing Sequoia Xinyuan Equity Investment Center (Limited Partnership) (hereinafter referred to as "Beijing Sequoia") intend to reduce their total shares by centralized bidding or block trading.

  Snow Salt Industry: A roadshow was held on November 1st, with CITIC Prudential Fund and Zheshang Securities participating.

  On November 8, 2022 (), it was announced that the company would hold a roadshow on November 1, 2022, with the participation of researcher Yang Chuanxin and Zhu Baiting, fund managers of CITIC Prudential Fund.

  The details are as follows:

  Q: What is the driving force of the company’s performance growth?

  A: The company’s main business is salt and salt chemical industry, which enjoys a high prosperity and develops steadily.

  In terms of salt plate, industrial salt has increased its profit contribution since the price increase last year. The brand influence and market coverage of "Snowy Day" salt have continued to expand, and the sales volume has increased. At the same time, the structure has been optimized, and the proportion of high-end salt has increased, which has adapted to the demand for differentiated and high-end salt in consumption upgrading and maintained a good trend of rising volume and price.

  The scale of the salt chemical industry sector has expanded rapidly. In 1992, the production capacity of caustic soda in salt industry continued to expand, reaching 240,000 tons during the year, and the 180,000-ton hydrogen peroxide project gradually reached production. The production line of soda ash and ammonium chloride in Hunan-Chongqing Salt Chemical Company is stable, and the upgrading of coal gasification energy saving is being accelerated, which is expected to be completed by the end of the year.

  From the perspective of future expectations, first, the competitiveness of the salt sector is constantly increasing, and the enhancement of brand advantages, technological innovation capabilities and channel expansion capabilities will further promote the rise in volume and price. Second, the salt chemical sector continued to invest and transform, the production cost was reduced, the industrial chain was extended in an orderly manner, and a green development and circular economy development model was formed. During the Tenth Five-Year Plan period, the company will anchor the strategic direction of "one body and three wings", develop in depth with salt as the axis, build new competitive advantages and realize "new three transformations".

  Q: What are the advantages of salt chemical industry?

  A: The first advantage of salt chemical industry is the resource advantage. The company has rich and high-quality salt resources, and the combined production of salt and alkali can save costs. Second, enterprises have regional layout and transportation advantages. Among them, Hunan and Chongqing salinization is adjacent to the Yangtze River, with convenient transportation; The 92 salt industry is located in southern Jiangxi, next to Guangdong and Fujian. The third is to have a late-comer advantage. Through technical transformation and industrial upgrading, Hunan-Chongqing Salt Chemical and 92 Salt Industry have expanded their production capacity and enhanced their cost advantages. Fourth, there is an advantage in resource integration in the industrial chain. For example, 92 Salt Industry, as a leading enterprise in the park, is a supplier of chlor-alkali raw materials and steam in the park, and there is great room for cooperation and development in the downstream of the industrial chain.

  Q: Will the company take the direction of big chemical industry in the future?

  A: In the future, the company will adhere to the development idea of "one body and three wings". First, closely follow the trend of consumption upgrading, make the plates of salt, daily chemical salt and salt-based compound seasoning bigger and stronger, break through the ceiling of salt, and amplify the brand effect of "snowy days". Second, the salt chemical industry plate further improves the scale effect, extending the two production lines of soda ash and chlor-alkali to the downstream and shifting to the high end of the industrial chain. Third, based on the advantages of salt and salt chemical industry, efforts are made to explore the development of new energy battery materials, and the preliminary planning is being promoted.

  Q: What is the situation of salt cavern energy storage in the company?

  A: The company has four well, mine and salt production enterprises, which are rich in salt cave resources. At present, Xiangheng Salt Chemical Co., Ltd. is cooperating in the preliminary work of salt cave energy storage and gas storage. The theoretical value of the existing salt cavern space in Xiangheng Salt Chemical Company is over 20 million m3, and the application prospect of gas storage and energy storage is great. In the early stage, the cavity was tested separately from gas storage and energy storage. At present, a pair of well groups that are doing compressed air energy storage test can meet the needs of 100 MW air compressed energy power generation project. At the same time, Xiangheng Salt Chemical Co., Ltd. has an annual salt production capacity of 2.7 million tons, which is the largest single salt-making enterprise in Asia, with an annual hole-making capacity of over 1 million m3. At present, it is promoting related work with partners, and the plan has not yet finally landed.

  Q: How to judge the price of salt chemical products in the future?

  A: After talking with experts and industry analysts, the price of salt chemical products is mainly determined based on market supply and demand. Under the background of dual-carbon policy, the two alkalis are moving downstream, and the application prospects of photovoltaic glass, lithium batteries, sodium batteries and other industries are growing, and the market demand is increasing. The two alkalis have new production capacity to enter and the original production capacity to exit. It is expected that the whole market will maintain a relatively high degree of prosperity for a period of time, and of course there will be shocks in the interval.

  Q: If the freight factor is taken into account, how much advantage does the company’s soda ash have compared with products from northwest China and other places?

  A: The production cost of the company is higher than that of natural soda, but the cost control ability will be obviously enhanced after the technical transformation of coal gasification at the end of this year. In addition, the company’s location advantage, especially adjacent to the golden waterway of the Yangtze River, has competitive advantages in the target markets including southwest, central China, east China and other regions and export markets.

  Xuetian Salt Industry’s main business: production and sales of salt and salt chemical products.

  The third quarterly report of Xuetian Salt Industry in 2022 shows that the company’s main income is 4.693 billion yuan, up 53.44% year-on-year; The net profit of returning to the mother was 617 million yuan, up 149.25% year-on-year; Deducting non-net profit was 635 million yuan, up 759.33% year-on-year; In the third quarter of 2022, the company’s main revenue in a single quarter was 1.398 billion yuan, up 27.84% year-on-year; The net profit returned to the mother in a single quarter was 156 million yuan, up 87.11% year-on-year; Non-net profit deducted in a single quarter was 158 million yuan, up 1172.44% year-on-year; The debt ratio is 28.79%, the investment income is 1,189,400 yuan, the financial expenses are 10,792,600 yuan, and the gross profit margin is 35.71%.

  In the last 90 days, the stock has been rated by 3 institutions, with 2 buy ratings and 1 overweight rating; The average institutional target price in the past 90 days is 9.5.

  The following is the detailed profit forecast information:

  The data of margin financing and securities lending shows that the stock has a net outflow of 5,989,900 yuan in the past three months, and the financing balance has decreased; The net inflow of securities lending was 588,100, and the balance of securities lending increased. According to the financial report data in the past five years, the Securities Star valuation analysis tool shows that the moat of competitiveness in the salt industry in Xuetian is average, with average profitability and poor revenue growth. Finance is relatively healthy, and the financial indicators that should be paid attention to include: monetary fund/total assets ratio. The stock has a good company index of 3 stars, a good price index of 2.5 stars and a comprehensive index of 2.5 stars. (The index is for reference only, and the index range is 0~5 stars, with a maximum of 5 stars)

  The above contents are compiled by Securities Star according to public information, and have nothing to do with the position of this website. Securities Star strives for but does not guarantee the accuracy, completeness, effectiveness and timeliness of all or part of this information (including but not limited to text, video, audio, data and charts). Please contact us if you have any questions. This article is for data collation, and does not constitute any investment advice for you. Investment is risky, so please make a careful decision.

  Zhizheng Co., Ltd. plans to borrow money to acquire 51% equity of Suzhou Juyun and cut into the field of semiconductor special equipment.

  On the evening of November 8, Zhizheng announced that in order to realize the diversified development of industrial layout and form new profit growth points, the company signed an agreement with SUCCESS FACTORS on November 8 to acquire 51% equity of Suzhou Juyun Technology Co., Ltd. (hereinafter referred to as "Suzhou Juyun") held by the latter in cash, with a transaction price of 119.34 million yuan.

  Promise that the accumulated net profit for three years will not be less than 58.86 million yuan.

  According to reports, Suzhou Juyun is mainly engaged in the research and development, production and sales of special semiconductor equipment, and can provide most of the equipment needed for the semiconductor wet process. The main products include cleaning equipment, corrosion equipment, coating and developing equipment, adhesive removal equipment, oven equipment, slicing equipment, etc., and the product line is relatively rich.

  According to the announcement, Suzhou Orange Cloud has the core technology independently researched and developed, and has formed a series of new technology research and development patents. The cleaning equipment independently developed by Suzhou Juyun is relatively advanced in the field of advanced packaging of integrated circuits. It has certain competitive advantages in customized service and delivery cycle, and can deeply bind well-known customers, and has basically possessed the technical capabilities required for cleaning equipment before shipment.

  Among them, the fully automatic oven independently developed by Suzhou Juyun can realize the full automation of baking process, and can bake 104 pieces at the same time, greatly improving the production efficiency. There are no standard products in domestic manufacturers.

  On the customer side, Suzhou Juyun has established good cooperative relations with well-known semiconductor enterprises such as Jiangyin Changdian Advanced Packaging Co., Ltd., Zhejiang Hexin Integrated Circuit Co., Ltd., Jiangsu Xinde Semiconductor Technology Co., Ltd. and T Company, a global semiconductor design and manufacturing enterprise. The company has developed into a semiconductor special equipment supplier with a certain international background and core competitiveness. In the future, it will take cleaning equipment and automatic oven equipment as its main products and continue to expand to the previous process.

  According to the unaudited financial data provided by Suzhou Orange Cloud, from January to September, 2022, Suzhou Orange Cloud has realized an operating income of 61.6842 million yuan and a net profit of 13.6596 million yuan.

  The counterparty, SUCCESS FACTORS, agreed to make a performance commitment to Suzhou Orange Cloud: Suzhou Orange Cloud’s net profit after deducting non-recurring gains and losses in 2022, 2023 and 2024 was not less than 13.5 million yuan, 18.9 million yuan and 26.46 million yuan respectively, and its accumulated net profit for three years was not less than 58.86 million yuan.

  Zhizheng Co., Ltd. said that special semiconductor equipment occupies an important position in the semiconductor industry chain. At present, China’s semiconductor equipment mainly relies on imports, and domestic substitution is still in its early stage. Suzhou Juyun, as a professional manufacturer of semiconductor cleaning equipment, corrosion equipment, ovens and other equipment, has obtained many orders from head customers in the semiconductor industry and continues to expand to the previous process, which is expected to fully benefit from the improvement of the localization rate of the domestic semiconductor equipment industry. The purpose of this transaction is to expand from the original polymer material business for wire and cable to the field of semiconductor equipment and realize the diversified development of industrial layout.

  It is planned to borrow money from the controlling shareholder to complete the acquisition.

  Just as the acquisition was announced, Zhizheng Co., Ltd. also disclosed another announcement. In order to meet the company’s capital demand for purchasing 51% equity of Suzhou Orange Cloud in cash, the company intends to apply to Shenzhen Zhengxin Tongchuang Investment Development Co., Ltd., the controlling shareholder, for a loan amount of no more than 120 million yuan, with a loan period of no more than three years from the date of actual receipt of the loan. The loan interest rate is the bank’s loan interest rate for the same period, and the interest bearing method is based on the actual use days of the loan.

  According to the announcement, the loan will help the company to complete the M&A transaction as soon as possible, effectively alleviate the financial pressure of the company, meet the development needs of the company, and will not adversely affect the company’s production and operation. The company also stressed that after the completion of this transaction, except for the loan from the controlling shareholder, the company will not add a large amount of related transactions with the controlling shareholder and actual controller of the company due to this transaction, and will not compete with the controlling shareholder and its related parties due to this transaction, and will not add external guarantees and entrusted wealth management due to this transaction.

  The reporter of Securities Times. E Company noted that since 2019, Zhizheng shares have been in a state of continuous losses, with net losses of 57.0542 million yuan, 48.0796 million yuan and 53.4293 million yuan respectively from 2019 to 2021. In the first three quarters of 2022, the company’s net loss was 9.98 million yuan. According to the third quarterly report of Zhizheng Co., Ltd. in 2022, as of the end of September 2022, the company’s book monetary funds were 28.8624 million yuan.

  Not long ago, on October 27, Zhizheng shares also sold related assets. The company announced that it intends to transfer 100% equity of its wholly-owned subsidiary Fuzidao to Fujiaowei with a transaction amount of 37,961,200 yuan. The company said that in view of the fact that Fuzi Road has not been actually operated at present, and only has factory rental income, the purpose of this asset sale is to optimize the company’s asset structure, which is conducive to the listed company to revitalize its assets, focus on its main business and enhance its competitiveness.

  At present, the main business of Zhizheng Co., Ltd. is the research, development, production and sales of environmentally friendly polyolefin polymer materials for wires and cables and optical cables. In fact, as early as two years ago, Zhizheng shares tried to divest related loss-making businesses.

  In November 2020, Zhizheng Co., Ltd. disclosed a major asset sale plan to sell 100% equity of Zhizheng New Materials to Zhizheng Group. Previously, Zhizheng Co., Ltd. has transferred its business assets of optical communication cables, special environmentally friendly polyolefin polymer materials for optical cables and special insulating polymer materials for power cables in power grid systems to Zhengxin Materials. According to the company, this move is to divest some poorly managed assets, optimize the quality of the company’s assets, and withdraw some funds to improve the company’s financial and cash flow status and enhance the company’s ability to continue operations.

  However, in December 2020, Zhizheng announced that due to certain changes in the external environment faced by the company and the counterparty, after many negotiations between the company and the counterparty, all parties agreed that it was not appropriate to continue to promote this major asset sale in the current securities market and industry environment. Therefore, the company terminated this major asset sale.

  Yongjin Co., Ltd.: It is planned to invest about 1.4 billion yuan to build a special shell material project for cylindrical batteries with an annual output of 225,000 tons.

  On the evening of November 8, Yongjin Co., Ltd. announced that the board of directors of Yongjin Company reviewed and approved the Proposal on New Projects for Foreign Investment, and agreed to set up a wholly-owned project company "Zhejiang Hunsai New Materials Technology Co., Ltd." (tentative name) to invest in the construction of a special shell material project with an annual output of 225,000 tons, with a total investment of about 1.4 billion yuan.

  The project is divided into two phases, the first phase of which lasts for 12 months, and a production line with an annual processing capacity of 75,000 tons of special materials for cylindrical battery casings is built. The construction period of the second phase of the project is 18 months, and a production line for processing 150,000 tons of special materials for cylindrical battery casings is built.

  Yongjin Co., Ltd. said that the project’s production of special materials for cylindrical battery casings relies on the company’s rich production experience accumulated in the field of ultra-thin precision stainless steel strip production. After the completion of the project, the company’s product categories will be enriched, and the product structure will be further optimized, which will help improve the company’s profitability and promote the company’s sustainable development.

  Sanfangxiang: The application for public offering of convertible bonds was approved by CSRC.

  Sanfangxiang announced that on November 8, 2022, the company’s application for public offering of convertible bonds was approved by the issuance and examination committee of China Securities Regulatory Commission.

  Matters related to the acquisition of assets by Haoyuan Pharmaceutical were reviewed and approved by the Shanghai Stock Exchange.

  Haoyuan Pharmaceutical announced that on November 8, 2022, the company received the Announcement on the Results of the Third Review Meeting of science and technology innovation board M&A Committee in 2022 issued by science and technology innovation board M&A Committee of Shanghai Stock Exchange. The science and technology innovation board M&A Committee deliberated on the company’s issues of issuing shares, paying cash to purchase assets, raising matching funds and related transactions, and the result was: agreeing to issue shares to purchase assets.

  Zhejiang Xiantong: On November 7th, it was investigated by institutions, including many institutions of Juming Investment, a well-known institution.

  On November 7th, 2022 (), it was announced that the company was investigated by the organization on November 7th, 2022, with the participation of Qianhai Life Insurance, Yinsheng Asset Management, Juming Investment, Yanhang Investment, Tongyu Investment, Fuge Investment, Bosera Fund, Bank of Communications Schroeder, Taiping Fund, Great Wall Fund, Debon Fund, Hexi Private Equity Fund, Qianhai Shangshan Asset Management and Bohong Investment.

  The details are as follows:

  Q: Recently, German Chancellor Angela Scholz paid a visit to China. Among them, two heads of automobile enterprises, namely, Chairman of BMW Group Zipzer and CEO of Volkswagen Group Obermu, attracted much attention. At the 50th anniversary of the establishment of diplomatic relations between China and Germany, it is also considered of special significance that the leaders of BMW and Volkswagen, two multinational car companies, visit China together with the German Chancellor. Since the beginning of this year, German car companies, including BMW, Mercedes-Benz and Volkswagen, have continuously increased their investment in the China market, and strengthened their localized R&D and operation in China. Is there any cooperation between the company and the mass system?

  A: The company has passed the quality system audit of FAW-Volkswagen and SAIC-Volkswagen successively, and has cooperated with FAW-Volkswagen and SAIC-Volkswagen in project development, and some products have been mass-produced. Especially since the beginning of this year, the company has obtained a number of Volkswagen best-selling model projects for development, and its proportion in FAW-Volkswagen and SAIC-Volkswagen will be greatly increased. In the future, the company will fully expand its market share in domestic joint venture car companies such as Volkswagen and GM, and accelerate the pace of domestic substitution.

  Q: At present, the company’s gross profit margin is very high in the industry, but for the company itself, where is it at present? What is the room for improvement in the future?

  A: The company has outstanding advantages in cost control, and its gross profit margin has been at a high level in the industry. Since the second half of 2021, raw materials are still at a high level, but it has shown a downward trend. The company’s gross profit margin is currently at a historical low level. With the mass production of sealing strips of more best-selling models, falling raw material prices, more high-margin products and development and mass production, further improvement of capacity utilization rate and cooperation of more high-end customers, the company’s gross profit margin and net interest rate will definitely increase significantly in the future.

  Q: What are Taizhou’s plans after the state-owned acquisition of the company?

  A: The automobile industry is a pillar industry of Taizhou’s economy. Taizhou Municipal People’s Government has put forward the plan and assumption of "future automobile city" in its development plan, and put forward to continuously increase the attraction of key parts and components of new energy vehicles, promote industrial chain extension and chain replenishment, and accelerate the construction of "future automobile city" with perfect industrial ecology, reasonable industrial layout and strong radiation-driven ability. As a leading enterprise in the domestic automobile sealing strip industry, the company is also the core enterprise of Taizhou automobile industry chain. The cooperation between the two parties is to build Taizhou’s "future automobile city" and lay out an important link in Taizhou’s new energy automobile industry chain. In this cooperation, Taizhou Jintou will make full use of the advantages of Taizhou’s industrial resources and policy resources, play its role in guiding local industrial investment, restructuring and supporting services, provide all-round support for the company’s business development, help the company’s layout in the transportation industry, new energy automobile industry and other fields, and further enhance the company’s industry position and core competitiveness.

  Zhejiang Xiantong’s main business: engaged in research and development, design, production and sales of automobile parts such as automobile sealing strips.

  The third quarterly report of Zhejiang Xiantong 2022 shows that the company’s main income is 647 million yuan, up 17.03% year-on-year; The net profit of returning to the mother was 91.0109 million yuan, a year-on-year decrease of 14.28%; Deducting non-net profit was 86.4145 million yuan, down 18.37% year-on-year; In the third quarter of 2022, the company’s main revenue in a single quarter was 253 million yuan, up 43.07% year-on-year; The net profit returned to the mother in a single quarter was 33.3991 million yuan, up 43.16% year-on-year; The non-net profit deducted in a single quarter was 33.1463 million yuan, up 42.34% year-on-year; The debt ratio is 24.47%, the investment income is 909,300 yuan, the financial expenses are 2,026,800 yuan, and the gross profit margin is 29.51%.

  In the last 90 days, the stock has been rated by one institution and increased by one.

  The following is the detailed profit forecast information:

  According to the financial report data in the past five years, the Securities Star valuation analysis tool shows that the moat of competitiveness in Zhejiang Xiantong industry is average, with average profitability and poor revenue growth. Finance is relatively healthy, and the financial indicators that should be paid attention to include: accounts receivable/profit rate. The stock has a good company index of 2.5 stars, a good price index of 3 stars and a comprehensive index of 2.5 stars. (The index is for reference only, and the index range is 0~5 stars, with a maximum of 5 stars)

  The above contents are compiled by Securities Star according to public information, and have nothing to do with the position of this website. Securities Star strives for but does not guarantee the accuracy, completeness, effectiveness and timeliness of all or part of this information (including but not limited to text, video, audio, data and charts). Please contact us if you have any questions. This article is for data collation, and does not constitute any investment advice for you. Investment is risky, so please make a careful decision.

  Haoyuan Medicine: The reorganization was reviewed and approved by science and technology innovation board M&A Committee of Shanghai Stock Exchange.

  Haoyuan Pharmaceutical announced that the science and technology innovation board M&A and Restructuring Committee of Shanghai Stock Exchange deliberated on the issue of shares, the payment of cash to purchase assets, the raising of matching funds and related transactions, and the result of the deliberation was: agreed to issue shares to purchase assets.

  Lishang Guochao: Honglou Group plans to reduce its shareholding by no more than 2%.

  Lishang Guochao announced that Honglou Group and its concerted actions plan to reduce the company’s shares by centralized bidding within 6 months after 15 trading days from the disclosure date of this announcement, and the total amount will not exceed 2% of the company’s total share capital after the cancellation of the repurchase of treasury shares.

  Bank of Jiangsu: Nanjing-Shanghai Expressway and its concerted parties increased their holdings by 1.51%.

  On the evening of November 8, Jiangsu Bank announced that during the period from October 14, 2021 to November 8, 2022, Ninghu Expressway and its concerted action Jiangsu Ninghu Investment Development Co., Ltd. increased their holdings of 222,876,000 shares of the bank in the form of block transactions with their own funds, accounting for 1.51% of the bank’s total share capital. After this equity change, Nanjing-Shanghai Expressway and its concerted parties held a total of 961,357,379 shares of the bank, accounting for 6.51% of the bank’s total share capital. (Huang Kun)

  Bank of Jiangsu: Nanjing-Shanghai Expressway and its concerted parties increased their holdings by 1.51%.

  On the evening of November 8, Jiangsu Bank announced that during the period from October 14, 2021 to November 8, 2022, Ninghu Expressway and its concerted action Jiangsu Ninghu Investment Development Co., Ltd. increased their holdings of 222,876,000 shares of the bank in the form of block transactions with their own funds, accounting for 1.51% of the bank’s total share capital. After this equity change, Nanjing-Shanghai Expressway and its concerted parties held a total of 961,357,379 shares of the bank, accounting for 6.51% of the bank’s total share capital. (Huang Kun)

  () won 39.94% equity of Rare Earth Products Exchange for RMB 109 million to become its controlling shareholder.

  North Rare Earth Announcement, previously disclosed, in order to promote the integration of resources between the company and Baotou Rare Earth Products Exchange Co., Ltd. ("Rare Earth Exchange"), the board of directors of the company deliberated and passed relevant proposals on August 10, 2022, and agreed that the company would acquire 39.94% equity of Rare Earth Exchange held by Xingbian Fumin (Beijing) Capital Management Co., Ltd. ("Xingbian Fumin") by participating in judicial bidding according to the evaluation results.

  Recently, the company successfully won a 39.94% stake in the rare exchange held by Xingbian Fumin with an auction price of 109 million yuan. After the company acquires all the shares of the rare exchange held by Xingbian Fumin, the company will become the largest shareholder and controlling shareholder of the rare exchange and be included in the scope of the company’s consolidated statements. As an important part of the strategic layout of the company’s innovative product sales model, the rare exchange is conducive to the company to give full play to its trading platform and enhance its industry influence, leading power, product market share and pricing discourse power.

  Kweichow Moutai decided to donate 100 million yuan to China Youth Development Foundation.

  Kweichow Moutai announced the resolution of the board meeting on the evening of November 8, and the 11th meeting of the third board of directors of the company in 2022 deliberated and passed the Proposal on Carrying out the Public Welfare Education Activities for the Dream-realizing Project of China Maotai, the Pillar of the Country in 2022, and decided to donate 100 million yuan to the China Youth Development Foundation for carrying out the public welfare education activities for the Dream-realizing Project of China Maotai, the Pillar of the Country in 2022.

  Rare Earth in the North: The subsidiaries engaged in the production of Ni-MH power batteries will actively expand relevant markets.

  North Rare Earth disclosed the announcement on the holding of the performance briefing meeting in the third quarter of 2022. The company said at the meeting: The company has a subsidiary engaged in the production of nickel-hydrogen power batteries. The company will actively expand the promotion and application of relevant markets and further enhance the added value of the industrial chain.

  Jingfeng Mingyuan: Shareholders intend to transfer 950,000 shares of the company by inquiry, accounting for 1.51% of the company’s total share capital.

  Jingfeng Mingyuan announced on the evening of November 8 that Sanya Jingzherui Enterprise Management Center (Limited Partnership) (hereinafter referred to as the "transferor"), a shareholder of the company, intends to participate in the inquiry transfer of shareholders before Jingfeng Mingyuan’s initial public offering (hereinafter referred to as "this inquiry transfer"). The total number of shares to be transferred by the transferor is 950,000 shares, accounting for 1.51% of the total share capital of Jingfengmingyuan. The reason for the transfer is its own capital demand.

  The announcement shows that as of September 30, 2022, the transferor held 13.32 million shares before the initial public offering, accounting for 21.18% of the total share capital. The transferor of this inquiry transfer is the employee stock ownership platform of the company, and the executive partner is the controlling shareholder and actual controller of the company. This inquiry transfer is a non-public transfer and will not be conducted by centralized bidding. The transferee shall not transfer the transferred shares through inquiry within 6 months after the transferee.

  Yibin paper plans to raise funds to expand the market

  () Recently, it was announced that the company intends to issue no more than 53,071,200 shares of the company to the controlling shareholder () Group and Xiamen Jianfa Paper Co., Ltd. (hereinafter referred to as Jianfa Paper) in a non-public manner (the number of additional shares this time does not exceed 30% of the company’s total share capital before the non-public offering), and all the issuers are subscribed in cash at the price of 9.60 yuan per share.

  Before the issuance, Wuliangye Group held about 79.3685 million shares of the company, with a shareholding ratio of 44.87%. This time, it plans to subscribe for 41.5712 million shares of the company. Jianfa Paper intends to subscribe for 11.5 million shares of the company this time. After this issuance, it will become a shareholder holding 5% of the shares of listed companies and become a related party of the company.

  Yibin Paper said that the purpose of this non-public offering is twofold: first, to introduce strategic investors and give full play to synergies. The company intends to seek strategic cooperation with enterprises with superior resources in sales channels, customer resources and product development and design. Jianfa Paper has an absolute leading edge in the field of pulp and paper trade, and has important strategic resources in supply chain operation, channel sales network and product R&D design. It can give full play to the synergistic effect, bring strong support to the company in many aspects such as capital, channels, operation and R&D, and promote and accelerate the realization of the company’s strategic development goals. Second, optimize the capital structure and reduce the company’s financial risks. In recent years, the company mainly raises funds by borrowing and other debt financing methods, which leads to the long-term high asset-liability ratio of the company, which limits the future debt financing space of the company, and the large amount of borrowing also brings certain liquidity risks to the company, which in turn has a negative impact on the stable operation of the company. The funds raised by this non-public offering of shares can be used to supplement working capital and repay debts, which can effectively improve the company’s capital structure and reduce the debt level. At the same time, it is also conducive to improving the company’s ability to resist risks and continue to operate, laying the foundation for further expanding production capacity and achieving high-quality development.

  Sanan Optoelectronic New Energy Breakthrough Won 3.8 billion Single Silicon Carbide Chip Production Capacity or 10,000 pieces/month by the end of the year.

  () On the evening of the 7th, it was announced that Hunan Sanan, a wholly-owned subsidiary, signed the Strategic Purchase Intention Agreement with a company mainly engaged in new energy vehicle business, and purchased silicon carbide chips with a value of 3.8 billion yuan and applied them to new energy vehicle owners.

  The announcement shows that the buyer of this transaction promises to purchase silicon carbide chips from Hunan Sanan every year from 2024 to 2027, and the excess will be determined by both parties through consultation. Based on the market price perception in 2022, including the demand for R&D business generated in 2023, it is estimated that the total related amount will reach 3.8 billion yuan (including tax) by 2027.

  According to public information, Hunan Sanan is mainly engaged in the research and development, production and sales of the third generation compound semiconductor products of silicon carbide. The industrial chain includes crystal growth, substrate production, epitaxial growth, chip preparation and packaging. At present, the production capacity of Hunan Sanan is in the climbing stage. According to the semi-annual announcement, the monthly production capacity has reached 6,000 pieces.

  Sanan Optoelectronics revealed that the silicon carbide chips supplied to the demander this time will be applied to new energy vehicle owners, which will help to further increase the market share of the company’s products, enhance the company’s popularity and lay a solid foundation for the long-term development of the company’s silicon carbide business.

  As the third generation semiconductor material, silicon carbide (SiC) has excellent voltage resistance, thermal conductivity and heat resistance, and is a breakthrough material for manufacturing power devices and high-power RF devices. The silicon carbide products of Sanan Optoelectronic are mainly of high voltage type, and the related production capacity is expected to expand to 10,000 pieces/month by the end of the year. As a subsidiary, Hunan Sanan released a series of 1200V silicon carbide MOSFET products on September 5, and plans to achieve a comprehensive breakthrough in vehicle and new energy vehicle parts in 2023.

  Changjiang Business Daily reporter noted that due to various factors, the traditional LED business of Sanan Optoelectronics, which accounts for a high proportion of revenue, is under short-term pressure. In the first three quarters of this year, the sales of some products in corresponding fields failed to meet expectations, resulting in a year-on-year decrease of 23.27% to 987 million yuan in the first three quarters, of which the net profit in the third quarter was only 54.91 million yuan, down nearly 86.36% year-on-year.

  However, due to the company’s layout and performance in integrated business and high-end LED business, the industry believes that in the future, with the continuous production of Quanzhou Sanan GaAs, filters, advanced packaging production lines and Hunan SiC whole industry chain production lines, the production capacity will be gradually released and the delivery capacity will be greatly improved. The performance of Sanan Optoelectronics is expected to continue to expand.

  Shanghai Stock Exchange: Jianlong Micro-nano refinancing will be held on November 15th.

  On the evening of November 8, the Shanghai Stock Exchange announced that the science and technology innovation board Municipal Committee was scheduled to hold a review meeting on November 15 to review the refinancing of Luoyang Jianlong Weina New Materials Co., Ltd..

  Shanghai Stock Exchange: Haoyuan Pharmaceutical issued shares to purchase assets.

  On the evening of November 8, the Shanghai Stock Exchange announced the results of the third review meeting of science and technology innovation board M&A and Restructuring Committee in 2022, and the issue of Shanghai Haoyuan Pharmaceutical Co., Ltd. issuing shares to purchase assets was approved.

2018 north american auto show: Dodge’s new Ram 1500 debut.

2018 north american auto show: Dodge's new Ram 1500 debut.

  Sina Auto News 2018 north american auto show officially kicked off on January 15th, Beijing time, and Dodge’s new generation Ram 1500 model was officially unveiled. The new car adopts a brand-new appearance and design. In terms of power, the new car will be equipped with a 48V mild hybrid system.

2018 north american auto show: Dodge's new Ram 1500 debut.
2018 north american auto show: Dodge's new Ram 1500 debut.

  The front face of the new generation Dodge RAM 1500 adopts a brand-new design style, and its front air intake grille adopts a hexagonal large mouth air intake grille, with a multi-banner design inside, and the "Ram" LOGO is embedded in the center of the grille, and the periphery is decorated with wide chrome trim strips, which makes the whole car look very rough and atmospheric.

2018 north american auto show: Dodge's new Ram 1500 debut.
2018 north american auto show: Dodge's new Ram 1500 debut.

  From the side of the car body, the new generation Dodge Ram 1500 also has rich muscular lines, especially in the position of the front and rear wheel arches, which makes the car side look more tense. At the same time, the waistline extending from the headlight group to the taillight group floats on the connecting line of the front and rear wheel arches, providing more colorful light and shadow changes for the car side.

2018 north american auto show: Dodge's new Ram 1500 debut.

  In terms of interior, the interior design of the new generation Ram 1500 has changed greatly. In terms of details, the new car will provide 8.4-inch and 12-inch central control LCD screens according to different models. Among them, the model with a 12-inch LCD screen has replaced some function buttons because of the addition of a large screen, which has improved the practicality and added a bit of scientific and technological texture.

2018 north american auto show: Dodge's new Ram 1500 debut.

  The new generation Dodge Ram 1500 will use more aluminum to replace the existing steel, which will further reduce the overall quality of the new car, improve handling and reduce fuel consumption. In terms of power, the new car will continue to be equipped with 3.6L V6 and 5.7L V8 HEMI engines. Its maximum power is 309 horsepower and 401 horsepower respectively. The peak torques are 365 Nm and 556 Nm respectively. In addition, the new car will also be equipped with a 48V mild hybrid system.

2023 Dodge Hellcat 6.2T Super Power Hot Selling

Tianjin Xuda Fengchi International Trade Co., Ltd. solemnly promises: 1. All the models sold by our company are interfaced from abroad, and they are strictly tested by the customs and put on the market. 2. All the procedures (customs clearance, commodity inspection, conformity certificate, environmental protection list, purchase tax application form and electronic information form) of all models are complete, and you can apply for a temporary national networking pass. 3. The company provides follow-up services such as insurance, staging, licensing, modification and car delivery. For more details of models, please call:

  The aggressive front face of 23 Hellcat wide-body red-eyed cat muscle sports cars is the most striking place, like a shark with a big mouth, which is quite powerful. The integrated taillight uses 164 LED light sources, and the tail wing improves its stability at high speed.

  23 Dodge Hellcats Wide-body Red-Eye Cats From the front of the car, the two headlights are as sharp as eagle eyes, and the flexible lines of the whole body overflow with an aura. If you like passion, sports cars and speed, this Dodge Challenger wide-body red-eyed cat is the best choice.

  The tail wing added above the rear of the wide-body red-eye cat of 23 Dodge Hellcats improves its stability at high speed, while the bottom spoiler and large-caliber double-tail row more thoroughly demonstrate its powerful performance. The lines on the side are more rough and overbearing broken lines, which are very muscular. They are equipped with 20-inch Group2 alloy wheels and NTOS racing tires, which have excellent grip.

  For more model details, please call: 15510861373 Liu Jingli (with WeChat).

  Parallel Challenger 6.2TSRT Hellcat can be said to be the most powerful American muscle car in the domestic parallel imported car market. At present, there are fewer and fewer muscle cars in the traditional sense on the market, and all models have gradually developed into sports coupes that pursue balanced performance.

  The length, width and height of the 2023 Dodge Hellcat SRT are 5027mm, 1923mm and 1461mm, respectively. From the side photos, you can more intuitively understand its slender body design. The 20-inch granite crystal aluminum alloy wheel is matched with the 20-inch all-season performance tire, aiming to make the car have better dynamic performance. If a friend thinks that this design is not personalized enough, he can choose the side stripes of the challenger car body to further improve the recognition of the car.

 Can do the national installment, the down payment of 30% is simple, and the loan is fast. On the day of buying a car, the formalities are taken with the car (customs clearance, commodity inspection, conformity certificate, electronic information QR code). Friends who like cars or plan to buy cars are imported, and they can provide formal goods import certificates and vehicle conformity certificates issued by the state-recognized customs, and imported motor vehicles with on-board inspection sheets and formal invoices to ensure normal settlement in all regions of the country. At the same time, all vehicles in our company can enjoy the three-year 100,000-kilometer warranty mandated by the state, so that you can buy comfortably and use with confidence.

Main brands:,,,,, Land Rover and other high-end brand models! Our company’s aim is "to provide better service for every user, and to tailor their own cars for every user." For more details of vehicle configuration quotation, please call the following number (same as WeChat): Liu Jingli.

Main business: foreign car booking, new car sales, modification, full insurance, payment of purchase tax, and national installment.

 

Office Address: Haibin No.10 Road, Bonded Zone, Binhai New Area, Tianjin

 

Company name: Tianjin Xuda Fengchi Automobile Sales & Service Co., Ltd.

 

Sales Manager: 15510861373 Liu Jingli (telephone number is the same as WeChat).

 

Sales Manager: 15510861373 Liu Jingli (telephone number is the same as WeChat).

Please add my WeChat circle of friends to update a large number of parallel imported cars, new cars, configurations, quotations and pictures every day. If you have any questions about buying a car, I will answer them for you as soon as possible! All models purchased in our company are

 

Note: My quotation may not be the lowest in Hong Kong, but after my quotation is sold, I decided not to have any compulsory consumption and unreasonable requirements, be honest, do things seriously, and trust will start from this moment.

Disclaimer: The price information of the above models is provided by the comprehensive dealer for reference only, and the dealer is responsible for its authenticity, accuracy and legality. Phoenix Auto does not provide any guarantee or assume any legal responsibility.

The 77-year-old expert with the largest number of 69 people infected with hepatitis C: There is no vaccine to focus on controlling blood-borne transmission.

       CCTV News:Recently, some media reported that hepatitis C infection broke out in hemodialysis patients in Dongtai People’s Hospital of Yancheng City, Jiangsu Province. Today (27th), Dongtai Municipal People’s Government responded to this report through its official signal "Dongtai Release", saying: "After screening and testing all hemodialysis patients, 69 cases of hepatitis C virus infection were diagnosed and confirmed. According to the investigation of the expert group, this incident was an nosocomial infection incident caused by the inadequate implementation of the hospital’s nosocomial infection management system. " At the same time, "the party secretary, dean and deputy dean of Dongtai People’s Hospital were dismissed and dealt with seriously by other responsible persons."

       161 patients were screened on May 13th.

       On May 13th, a case of hepatitis C antibody positive was found in the blood purification center of Dongtai People’s Hospital. The patient was a 60-year-old woman. Because hepatitis C is easily transmitted through blood, in order to prevent other patients from being infected, the hospital screened 161 patients who received hemodialysis treatment in the hospital.

       Cao Guoping, Chief of Medical and Political Department of Dongtai Health and Health Commission: "On May 16th, after the screening, it was found that there were 69 people infected with hepatitis C virus, including 50 males and 19 females, the oldest being 77 years old and the youngest being 26 years old."

one

       On the 16th, Dongtai Health and Health Commission reported the situation to Yancheng Health and Health Commission. In the evening, Jiangsu Province and Yancheng City organized 15 experts to station in Dongtai People’s Hospital to carry out investigation and disposal. On the 19th, the National Health and Health Commission sent a team of experts to Dongtai.

       Chu Xudong, director of the Department of Infectious Diseases of Dongtai People’s Hospital: "After consultation with members of the expert group, on May 17th, the treatment plan for 69 infected people was determined. The specific measures are to treat 69 infected people with antiviral drugs. Among them, 11 patients with transaminase higher than 200 were admitted to hospital. Another 58 people received outpatient treatment. These 69 infected people are currently in stable condition and have no adverse reactions during medication. "

       Preliminary identification: inadequate management leads to infection of patients.

       It is understood that the blood purification center of Dongtai People’s Hospital was established in 1997, with 5 doctors and 14 nurses, and the annual dialysis volume is close to 20,000 cases.

       Cao Guoping, chief of the medical and political department of Dongtai Health and Health Commission, said that there were three main reasons for this incident: First, the disinfection of the hands of medical staff, the disinfection of related equipment used during dialysis, and the disinfection measures in dialysis areas were not standardized. Second, the allocation of human resources in the hemodialysis room is insufficient. According to industry regulations, each nursing staff is generally responsible for the operation of six dialysis machines, but in actual work, each nursing staff in this hospital is responsible for the operation of nine machines. The third reason is that the hemodialysis isolation zone of hepatitis C patients in the hemodialysis room of this hospital has the problem of sharing channels with the normal dialysis zone.

one

       At present, according to the requirements of the national, provincial and Yancheng Health and Health Committees, Dongtai City is organizing a special inspection on the risk of nosocomial infection in the whole city to further standardize the diagnosis and treatment behavior. Dongtai Municipal Party Committee and Municipal Government ordered Dongtai People’s Hospital to quickly implement the rectification plan according to the opinions of the expert group and in view of the existing problems, and make rectification in place within a time limit.

one

       We have seen that at present, the local authorities have taken corresponding treatment measures for 69 infected people, and 16 responsible persons have also been held accountable. But we still have three questions to ask here: What problems are exposed? What disease is hepatitis C? How to treat patients?

       First of all, let’s answer the first question: as many as 69 patients were infected with hepatitis C in the hospital, what problems were exposed? How to treat such a problem?

       Hong Lin, a commentator on this station, said that this incident is really very sad. We can’t help asking, how can the hospital infection management system be treated as a child’s play? Because we know very well that such a thing can be avoided to a great extent if the relevant personnel strictly follow the medical rules. However, in this incident, both the person in charge of the hospital and the management have experienced great problems. Therefore, the hospital’s medical rules and regulations should not only be hung on the wall, but also be engraved in the hearts of medical staff at all times.

       What kind of disease is hepatitis C? What’s the harm?

       The nature of the problem is very clear, and the responsibility is also very clear. At the same time, the primary task at present is to treat 69 infected people. After all, talent is the most important thing. According to the reporter in front, 11 of the 69 infected people were admitted to hospital, and the other 58 received outpatient treatment. Then, we will answer today’s second question: What kind of disease is hepatitis C? What’s the harm? How is it different from hepatitis A and hepatitis B that we often hear? Let’s listen to Rao Huiying, a professor and chief physician in the Department of Hepatology, Peking University People’s Hospital.

one

       Rao Huiying, chief physician of the Department of Hepatology, Peking University People’s Hospital, said that 80% of infected people will develop chronic hepatitis, which can lead to liver inflammation, including fibrosis, and even develop into tumors. Common hepatitis is divided into five types: A, B, P, D, and E. Hepatitis A spreads through the digestive tract and can basically heal itself; Chronic hepatitis B can cause fibrosis, cirrhosis and tumor.

       Let’s look at today’s third question: how should we treat these patients next? What is the current therapeutic effect on hepatitis C? According to a data released by the National Center for Disease Control and Prevention on the 20th of this month, HCV is one of the important pathogens causing chronic hepatitis, liver cirrhosis and liver cancer, and there are more than 150 million patients infected with HCV worldwide. In the face of these infected people, what are the existing treatment methods and effects? After our consultation and interview with liver disease experts, the answer is optimistic. Let’s continue to listen to Rao Huiying, a professor and chief physician of hepatology at Peking University People’s Hospital.

one

       Rao Huiying, chief physician of the Department of Hepatology, Peking University People’s Hospital: "There is no effective vaccine for hepatitis C at present, so the most important prevention and control is such a control of blood-borne transmission. Now there are all oral and direct antiviral drugs, and the curative effect of treating hepatitis C is very good. It takes about three months of treatment, the cure rate is over 95%, and there are fewer adverse reactions. However, it should be emphasized that if hepatitis C has caused definite fibrosis and cirrhosis, even if the virus is cleared, cirrhosis may continue to develop, so it is necessary to continue monitoring. "

       Director Rao suggested that hepatitis C virus is very secretive, so it should be found and treated early.

Surveillance of monkeypox epidemic in September notified by CDC

  CCTV News:According to the website of China CDC, from September 1 to 30, 2023, 305 confirmed cases of monkeypox were newly reported in mainland China (excluding Hong Kong, Macao and Taiwan). Among them, there are 42 cases in Beijing, 40 cases in Guangdong, 38 cases in Zhejiang, 32 cases in Jiangsu, 16 cases in Guangxi, 13 cases in Sichuan, 12 cases in Chongqing, 12 cases in Hubei, 11 cases in Liaoning, 11 cases in Hunan, 9 cases in Shaanxi, 9 cases in Shandong, 8 cases in Hebei, 7 cases in Tianjin, 6 cases in Shanghai, 6 cases in Henan, 6 cases in Fujian, 5 cases in Heilongjiang, 4 cases in Anhui and Jilin.

  According to epidemiological investigation and analysis, the epidemic situation has the following characteristics: First, 99% of the cases are male, 92.9% of the cases are men who have sex with men, and 2 cases are women. Second, other contact methods have low risk of transmission. Only three close contacts except sexual contact were infected. Third, 94.3% were found by active medical treatment, 3.9% were found by follow-up screening of close contacts, and others were found by active reporting and entry screening. Fourth, the clinical manifestations of most cases are typical, mainly for fever, herpes, lymphadenopathy and other symptoms.

Standing at the forefront for forty years, Shenzhen’s meteorology has injected surging power into the construction of smart cities.

   China Meteorological News reporter Ding Jiwu correspondent Tang Li Cai Ran 

  "At 14 o’clock on the 17th, the center of tropical depression is located on the ocean surface about 790 kilometers southeast of Shenzhen, and our station has issued a white warning signal for typhoon …" At 16: 30 on August 17th, Shenzhen Meteorological Observatory released tropical depression information.

  On the 18th, the tropical depression in the South China Sea was strengthened into the No.7 typhoon "Haigaosi" this year. At 11: 00 that day, the Shenzhen Meteorological Early Warning and Forecasting Center issued a typhoon risk warning message to the whole city.

  Heavy rain poured down, including subway line 6 and "north-south artery" line 10 with 15 elevated stations and 12 underground stations. Two subway lines, which can be called "science and technology lines" of the city, were opened to traffic on this day.

  "The operation is stable and has not been affected by the typhoon." Xunsheng Chen, director of Dispatching Room 2 of Shenzhen Metro Dispatching Center, told the reporter. "The weather warning reaches the subway operation command center in seconds, so that we can calmly cope with every weather test."

  

  Special Meteorological Service System of Shenzhen Metro

  As early as 2010, Shenzhen Meteorological Bureau established a real-time online subway intelligent meteorological station with the subway industry as a pilot. After 10 years of operation, Shenzhen has not only built the online subway intelligent meteorological observatory into a benchmark for domestic peers, but also achieved full coverage of meteorological support services in eight lifeline industries, including transportation, water supply, power supply, gas supply and sea area. The coverage rate of urban meteorological safety special services in key units is 100%.

  Smart city, guarded by wisdom. Today, the public safety information distribution chain in Shenzhen has achieved vertical connection with the national and provincial levels, and connected 22 categories and 39 items of information such as natural disasters, public health and accidents in 10 (new) districts and 15 departments of the city, which can complete the information distribution operation of 12 types of channels within 3 minutes with one click.

  

  Shenzhen Port Meteorological Service System

  Integrate into smart cities and make early warning information run faster.

  On the 40th anniversary of the establishment of Shenzhen Special Economic Zone, the construction of Guangdong-Hong Kong-Macao Greater Bay Area and the construction of Socialism with Chinese characteristics Pioneer Demonstration Zone in Shenzhen were rolled out in an all-round way and advanced in depth. Accelerate the in-depth application of digital technology and speed up the running under the digital wave. Shenzhen is sketching out the map of "smart city" with scientific and technological brushstrokes, and the first demonstration is full of enthusiasm.

  The improvement of the intelligent level of urban modernization promotes the integration of meteorology into urban development, and also injects new kinetic energy into meteorological reform and development. In the past 40 years, Shenzhen Meteorological Bureau has implemented the requirements of the municipal party committee and municipal government that "the new era is at the forefront, and the new recruits are brave to be the leading soldiers", and has always adhered to the central task of integrating into the overall large-scale network of China Meteorological Bureau to ensure the economic and social development of the SAR and the safety of the city. With the spirit of reform, innovation, opening up and sharing, Shenzhen has continuously optimized its system and mechanism and explored the meteorological development path with Shenzhen characteristics. In recent years, around the requirements of "two-zone" construction, 74 refined service products in seven categories have been launched, which are fully integrated into the construction of smart cities, and the data of urban lifeline industries and meteorological sensitive industries have been introduced, so that meteorological services can be managed by cities and industries. Go out safely.

  

    Meteorological data is integrated with the data of urban lifeline industry and meteorological sensitive industry, and the ability of refined meteorological service is improved.

  Around 2012, the population of Shenzhen exceeded 20 million. How to improve the timeliness of meteorological disaster early warning information and expand the information coverage has become a necessary question. It is not easy to answer this question well: as one of the regions with the highest degree of openness and the strongest economic vitality in China, with high-density passenger flow and high-efficiency economic and social activities, the climate effect caused by urbanization is likely to cause frequent extreme weather in Shenzhen, which directly affects the safe development of the city; On the other hand, the urban expansion and population explosion have given birth to new demands for meteorological services in public safety, economic development and environmental protection.

  Develop difficult problems and innovate to make a fuss. Shenzhen Meteorological Bureau reconstructed the early warning short message publishing system based on the concept of "internet plus" and big data, which can cover 22 million users including roaming users within one and a half hours, and the public coverage rate of early warning information has also increased from 80% in 2012 to 100% in 2019.

  

  Shenzhen’s "two micro-ends" intelligent meteorological service

  

  Shenzhen Meteorological Bureau provides diversified meteorological service products for the public.

  Practice the pioneering spirit and coordinate with the pace of urban development

  From 2012 to 2019, Shenzhen maintained the "double first" in Guangdong Province for eight consecutive years in terms of meteorological modernization evaluation and public meteorological service satisfaction evaluation.

  Let the people living in this land enjoy the best meteorological service, which is the clear goal of the high-quality development of Shenzhen’s meteorological cause-people-centered, ensuring urban disaster prevention and mitigation, management and governance, and meeting the needs of citizens for personalized meteorological services. Adhering to this initial intention, in the past 40 years, meteorological workers in Shenzhen have demonstrated their pioneering spirit to the fullest.

  History will never forget the changes caused by two heavy rains in 1993.

  From June 16 to 17, 1993, the continuous heavy rain caused waterlogging in many places in Shenzhen, and the city stopped for a time; On the evening of September 25th, the rainstorm didn’t stop all night, with 130,000 people affected by the disaster and a direct economic loss of 764 million yuan.

  Two consecutive rainstorms in a year have had a great impact on Shenzhen. At that time, there were no cities in China that issued meteorological disaster warning signals, except for some coastal ports that hung coastal typhoon signals to defend against typhoons and strong winds at sea (mainly used by shipping and fishermen).

  Make compensation for disasters with greater progress. In the second year, Shenzhen took the lead in launching the meteorological disaster early warning signal in China, and the first meteorological disaster early warning signal system in China was born. In 2005, the Emergency Plan for Meteorological Disasters in Shenzhen was issued, and it began to be integrated into the social governance system in 2010. The "Shenzhen Model" of meteorological disaster prevention and mitigation with four levels of linkage of city, district, street and community gradually took shape.

  

  In 1994, Shenzhen first issued a rainstorm warning signal.

  On July 18, 2007, Shenzhen launched the early warning of meteorological disasters, which is a brand-new attempt at home and abroad. Shenzhen is long and narrow from east to west, and the weather in different regions is very different. The practice of "unified forecasting, early warning in different regions, key tips and point-to-point broadcasting" has effectively improved the accuracy and coverage of early warning and forecasting, and has been included in the national meteorological modernization index reference project.

  

  Zoning early warning system of meteorological disasters independently developed by Shenzhen Meteorological Bureau

  In 2010, taking the opportunity of the guarantee of meteorological services for the Universiade, Shenzhen launched the 0-to 3-hour rainfall and temperature forecast in all streets of the city, and launched the first pilot project of standardization of meteorological services in China. This innovative attempt once again radiated the power of generate, and was named by China Meteorological Bureau as "Shenzhen Model of Fine Forecast Service for Big Cities", which was popularized throughout the country.

  In 2019, the short-term extreme rainfall of "4.11" exposed the meteorological vulnerability of short-term defense boards and high-density cities. Drawing lessons from a bitter experience, the Municipal Meteorological Bureau and the Municipal Emergency Management Bureau jointly issued the Risk Warning of Major Meteorological Disasters in Shenzhen, which was updated year by year, marking the change from meteorological warning to risk warning. The Regulations on Issuing Meteorological Disaster Warning Signals in Shenzhen, which is planned to be revised in 2020, will further consolidate the linkage mechanism of grass-roots defense and the "four stops" mechanism of high-level early warning.

  

  Shenzhen Fine Grid Forecasting System

  Relying on the advantages of the industry, constructing the ecological chain of meteorological science and technology innovation

  Dual-polarization weather radar, 365m meteorological gradient tower observation, urban canopy stereo observation, urban unit microclimate observation, space weather observation … Special monitoring strengthens foundation piles to improve the ability of urban precise meteorological disaster prevention and mitigation.

  

  New generation dual polarization radar

  

  Construction schedule of meteorological detection equipment in Shenzhen

  Shenzhen has actively integrated into the overall layout of the national meteorological industry and formed a "4+N" meteorological science and technology innovation model: Guangdong-Hong Kong-Macao Greater Bay Area Meteorological Monitoring and Early Warning Center, National Climate Observatory, Shenzhen Southern Key Laboratory of Strong Weather Research, CNAS Lightning Laboratory, and four scientific and technological engines support the high-quality development of meteorological undertakings in Shenzhen in the future; Establish strategic cooperative relations with "n" national business units and local high-tech enterprises, and draw wisdom and leverage to jointly integrate the latest scientific and technological achievements into meteorological applications.

  

  On November 30th, 2009, Xiyong Observatory, one of the top ten livelihood projects in the 30th anniversary of the establishment of Shenzhen Special Economic Zone, was completed and put into use.

  

  In June 1987, a corner of the observation field and garage of Shenzhen Meteorological Observatory.

  From the three louver boxes at the beginning of the station to the modern meteorological monitoring system with more and more "magic weapons", a network fully senses the weather changes; From early rough recording and manual collection to real-time sharing of weather and climate integrated intelligent platform with data as the main line, including automatic weather tracking, grading tips, human-computer interaction, rapid production and climate prediction and evaluation, intelligent meteorology is deeply integrated into the city; From "shouting wheat" in the streets, to one-click release of emergency warning information covering 12 categories and 33 distribution channels of traditional media and new media, the public coverage of early warning information has increased to 100%. Over the years, Shenzhen meteorological industry has adhered to quality leadership and innovation drive, and made great achievements in meteorological modernization.

  

  Shenzhen Emergency Warning Information Release System   

  In order to let the people enjoy better service, it is necessary to further refine the forecast level. In order to solve the key technical problems of forecasting, Guangdong-Hong Kong-Macao Greater Bay Area Meteorological Monitoring, Early Warning and Forecasting Center was established in due course. Shenzhen can be said to be the place with the densest radar and the densest automatic stations in China. However, the more data, the more difficult it is to process after entering the mode. "In the huge system of numerical forecasting, data assimilation is the most difficult bone. The goal of Guangdong-Hong Kong-Macao Greater Bay Area Meteorological Monitoring and Early Warning Center is very clear, that is, to come up with the best data assimilation system in numerical forecasting." Mao Xia, deputy director of Shenzhen Meteorological Bureau, said.

  The Outline of Guangdong-Hong Kong-Macao Greater Bay Area Development Plan puts forward that we should make full use of modern information technology to realize the intelligent management of urban agglomerations; It is necessary to build an efficient and scientific meteorological disaster prevention and control system, improve the ability of the whole society to prevent and control natural disasters, and ensure the construction of smart urban agglomerations in Greater Bay Area. The construction of Guangdong-Hong Kong-Macao Greater Bay Area Meteorological Data Center will provide better meteorological support services for the joint defense of meteorological disasters, road traffic, sea routes and air travel of Greater Bay Area world-class urban agglomerations.

  "We have been climbing the hill." Wang Yanqing, director of the Shenzhen Meteorological Bureau, said that the fundamental purpose of smart weather service smart city construction is not to make the city "tall", but to make technology truly serve the general public, serve the high-quality development of the city, make urban governance more refined, and make people’s lives better.

  (Source: Shenzhen Meteorological Bureau Editor: Zhang Linyi)

Review on the Management of Nanwei Software’s Board of Directors in 2024

() The business review of the Board of Directors in the first half of 2024 is as follows:

  I. Description of the industry and main business of the company during the reporting period.

(A) the development of the industry

In terms of digital government, in January 2024, Premier Li Qiang stressed at the the State Council executive meeting that it is necessary to form a normalized promotion mechanism of "efficiently doing one thing" and encouraged to learn from the successful experiences of local and departmental governments. In the same period, the State Council issued "Guiding Opinions on Further Optimizing Government Services, Improving Administrative Efficiency and Promoting" Doing One Work Efficiently "(Guo Fa [2024] No.3) (hereinafter referred to as" Guiding Opinions "), pointing out that under the guidance of Socialism with Chinese characteristics Thought of the Supreme Leader in the New Era, we should fully implement the spirit of the 20th Party Congress, adhere to the combination of problem orientation and goal orientation, and proceed from the perspective of enterprises and the masses. Take "doing one thing efficiently" as an important starting point to optimize government services and improve administrative efficiency, strengthen overall design, promote model innovation, pay attention to reform leading and digital empowerment two-wheel drive, coordinate development and safety, promote () integrated development, realize diversification of work methods, optimization of work processes, simplification of work materials and minimization of work costs, maximize the benefits of enterprises and convenience, and stimulate the endogenous power of economic and social development. The Guiding Opinions put forward specific goals: in 2024, we will promote the overall improvement of online and offline government service capabilities, improve the list management mechanism and normalization promotion mechanism of "efficiently doing one thing", and realize the first batch of "one thing" with high frequency, wide range and many problems. By 2027, an efficient government service system that is ubiquitous, intelligent, convenient, fair and inclusive will be basically formed, and the key issues of "efficiently doing one thing" in two important stages of the whole life cycle of enterprises and individuals will be effective.Greatly improve the satisfaction and sense of gain of enterprises and the masses. The Guiding Opinions points out the direction for the development of digital government in the next three years.

In April 2024, the General Office of the National Development and Reform Commission and the General Department of the National Data Bureau issued the Key Points of Digital Economy in 2024, which clearly pointed out that the level of public services should be continuously improved, the efficiency of "Internet+government services" should be improved, and the digital and intelligent level of social services such as pension, education, medical care and social security should be improved, so as to promote the digital integration of urban and rural areas and create a smart digital life. In May this year, the National Bureau of Data officially released the List of Work Points for Digital China Construction in 2024 (hereinafter referred to as "Work Points"). We will deploy key tasks in four aspects: building a digital development foundation with high quality, leading high-quality economic and social development with digital empowerment, strengthening the supporting role of key capabilities of digital China, and creating a good atmosphere for digital development. In the future, the National Bureau of Data will work with relevant departments to implement various tasks, deepen the reform of market-oriented allocation of data elements, give full play to the potential of data elements, comprehensively enhance the integrity, systematicness and synergy of the construction of digital China, promote the deep integration of digital economy and real economy, further empower economic development, enrich people’s lives and enhance the modernization level of social governance. The "Work Points" put forward the first list of 13 key issues, with the goal of achieving the first batch of "one thing" with high frequency, wide coverage and many problems in 2024. In 2027, we will realize the efficient handling of key issues in two important stages of the whole life cycle of enterprises and individuals. In May of the same period, in view of the three "one thing" of the first batch of key issues, such as the change of enterprise information, the cancellation of enterprises and the opening of restaurants,Eight departments, including the General Administration of Market Supervision and the Ministry of Public Security, issued the Implementation Opinions on Further Optimizing Government Services, Improving Administrative Efficiency and Promoting "Doing One Thing Efficiently" (Guo Shi Jian Zhu Fa [2024] No.57) to guide all localities to effectively optimize business processes, open up business systems, strengthen data sharing, and improve the level of standardization, standardization and facilitation. Fujian, Guangxi, Hunan, Jiangxi, Hubei, Shandong, Heilongjiang and other provinces have also issued documents or measures to promote the realization of "doing one thing efficiently" in light of local conditions.

Building a digital government is a key step to improve the modernization level of national governance. Building a digital government is not only a technological innovation, but also an upgrade of governance concepts, which has far-reaching significance for enhancing national competitiveness and people’s happiness. With the development of digital China, data has become a new factor of production. In January this year, the National Bureau of Data and other 17 departments jointly issued the "Three-year Action Plan for Data Elements ×" (2024-2026), aiming at giving full play to the multiplier effect of data elements and empowering economic and social development. During the two sessions, data elements became a hot topic for delegates and Committee members. In the same year, "artificial intelligence+"was written into the government work report for the first time, which means that the country will strengthen the top-level design and accelerate the formation of new quality productivity with artificial intelligence as the engine. As the permanent vice chairman of the National Digital Government Construction Alliance, the company closely follows the pulse of the market, takes advantage of the number, takes advantage of the trend, exerts the effects of "artificial intelligence", "data elements" and "efficient one thing", empowers the modernization of government governance, and helps to develop the full-cycle management and operation system of digital government.

In terms of public safety, the construction of a safe China is also an important part of the national "14th Five-Year Plan", and the construction of a safe city is the core system of the social security prevention and control system, which has become an essential element of urban public safety and an important support for a smart city. General Secretary of the Supreme Leader has repeatedly stressed that "it is of great significance to build a higher level of peaceful China". The construction of "Safe China" is closely related to the governance level of public safety in every city. Urban public safety is related to the bottom line demand of people’s life and health, the urgent need of stable urban development, and the construction direction of high-level "Safe China". The construction of social security prevention and control system has become an important basic project to promote the construction of "Safe China" and realize the modernization of national governance system and governance capacity. The General Secretary of the Supreme Leader proposed to the public security work in the new era that "big data should be used as a big engine to promote the innovation and development of public security work, and combat effectiveness should be cultivated to generate new growth points". In the 14th Five-Year Plan of the Ministry of Public Security, it is proposed to build and improve the public security big data perception system, platform system, common application support system and smart business application system. Report to the 20th CPC National Congress of the Communist Party of China pointed out that it is necessary to improve the level of public safety governance, adhere to safety first and prevention first, establish a framework for emergency response, improve the public safety system, and promote the transformation of public safety governance mode to prevention in advance. In order to thoroughly implement the spirit of the 20th National Congress of the Communist Party of China and fully implement the important instructions of the Supreme Leader General Secretary on public security work and scientific and technological work, the Ministry of Public Security and the Ministry of Science and Technology jointly issued a notice to deploy a three-year action plan to promote the development of the police through science and technology.(2023-2025), it is required to focus on social public safety, take strengthening the actual combat capability of public security as the guide, build a scientific and technological innovation platform as the basis, focus on breaking through key core technologies, promote the research and development layout of basic, strategic and cutting-edge technologies of public security, continuously deepen the innovative and integrated application of high and new technologies in public security work, build a scientific and technological innovation system of public security, and promote the quality, efficiency and power changes of public security work, so as to build a higher level of peaceful China. In order to implement the strategic plan made by the 20th National Congress of the Communist Party of China, the Third Plenary Session of the 20th Central Committee studied the issue of further comprehensively deepening reform and promoting Chinese-style modernization, focusing on further improving the social governance system, demanding the improvement of the overall prevention and control system of social security, improving the normalization mechanism of eliminating evils, and severely punishing illegal and criminal activities strongly reflected by the masses according to law.

In recent years, under the influence of the fluctuation of the international situation and the trend of anti-globalization, information security has risen to the national strategic level and become a key consideration factor in information construction. In this context, ensuring the security, reliability and autonomous controllability of software applications has become a long-term trend of industry development. Especially in key government agencies and fields, the pace of innovation in the application of information technology has obviously accelerated. The digital transformation of government has become a global trend. The information system of politics and law plays a vital role in improving the efficiency of government agencies, optimizing public services and strengthening law enforcement capabilities. With the continuous progress of technology, the information system of politics and law is continuously promoting intelligence and technological innovation, including the application of cutting-edge technologies such as artificial intelligence, big data analysis and cloud computing, aiming at improving law enforcement efficiency and decision-making level. In January, 2024, the Guiding Opinions on Further Optimizing Government Services, Improving Administrative Efficiency, and Promoting "Doing One Thing Efficiently" and "Promoting National Government Information Planning in the Tenth Five-Year Plan" all provided direction and support for the development of the intelligent industry of politics and law. China’s political and legal information system continues to develop in the direction of intelligence, digitalization and networking, so as to better meet the needs of social change and meet the high standard requirements of rule of law construction. This will not only strengthen the governance capacity of the government, but also provide more efficient and transparent services for the public and promote the overall progress of a society ruled by law.

In terms of social governance, promoting the modernization of urban governance is an important strategic development measure of the country. General Secretary of the Supreme Leader has repeatedly stressed that to promote the modernization of the national governance system and governance capacity, we must do a good job in the modernization of the urban governance system and governance capacity. The Central Committee of the Communist Party of China and the State Council’s Opinions on Strengthening the Modernization of Grass-roots Governance System and Governance Capacity, People’s Republic of China (PRC)’s 14th Five-year Plan for National Economic and Social Development and the Outline of Long-term Goals in 2035, and the State Council’s Guiding Opinions on Strengthening the Construction of Digital Government all propose to promote the modernization of urban governance system and governance capacity.

In January 2024, the Ministry of Housing and Urban-Rural Development, together with the National Standardization Administration Committee, issued the Guidelines for the Construction of Standard System of Urban Operation Management Service Platform, demanding that the layout of standards be optimized, the effective supply of standards be increased, the application and implementation of standards be strengthened, and a national, provincial and municipal urban transportation management service platform system with interconnection, data synchronization and business collaboration be constructed, so as to lead the high-quality development of urban operation management with standardization construction. From 2025 to 2027, the standard system of urban transportation management service platform was basically completed, the standard foundation was fully consolidated, and the good situation of "one network unified management" in urban operation management was basically formed. In April of the same year, General Secretary of the Supreme Leader inspected the Chongqing Digital City Operation and Governance Center, listened to local reports on speeding up the digital transformation of cities and exploring new ways to govern megacities, and watched the system application demonstration. General Secretary of the Supreme Leader pointed out that the modernization of governance system and governance capacity is the proper meaning of Chinese modernization.

To strengthen digital empowerment and promote the modernization of urban governance, it is necessary to scientifically plan and build big data platforms and network systems, strengthen joint command and coordination among all parties, and effectively improve execution. Urban governance involves all aspects. The first thing is to make a good plan, accurately control and respond quickly with the sense of responsibility of "always worrying", effectively handle all kinds of situations, and ensure the safe and orderly operation of the city. In May of the same year, the National Development and Reform Commission, the National Bureau of Data, the Ministry of Finance and the Ministry of Natural Resources jointly issued the Guiding Opinions on Deepening the Development of Smart Cities and Promoting the Digital Transformation of the Whole City, which made a top-level design for deepening the development of smart cities and made efforts to promote the digital transformation of the whole city. Among the seven tasks in the document, "promoting accurate and fine urban governance" was specially taken as an important chapter, and it was proposed to improve the service platform for urban operation management and deepen the construction of "one network unified management".

Focusing on the model of "AI+ unified management through one network", the company aims to promote the modernization of urban governance system and governance capacity, and quickly puts AI+ data elements into urban governance. Based on the "deep sea" industry model, the company builds a unified management through one network, urban transportation management service, grassroots governance and AI community for urban operation, urban management, grassroots governance, people’s livelihood demands, urban services and community governance.

In terms of social operation services, promoting social operation services based on data elements has increasingly become the general trend. With the deepening of the Tenth Five-Year Plan for the Development of Digital Economy, data elements are playing an increasingly important role in the integration of digital economy and real economy. On February 7, 2024, in order to implement the work plan of "Overall Layout Plan for Digital China Construction" in the Central Committee of the Communist Party of China and the State Council, the National Data Bureau, the Central Network Information Office, the Ministry of Industry and Information Technology and the Ministry of Public Security jointly conducted a national survey on data resources, aiming at finding out the base of data resources, providing data support for relevant policy formulation, pilot demonstration and other work, speeding up the development and utilization of data resources, and giving full play to the value of data elements, marking that China’s data element market construction has entered the "top design". The National Bureau of Data issued and implemented the "Three-year Action Plan for Data Elements ×" (2024-2026), which clearly guided by scenarios, excavated and released typical application scenarios of data elements, promoted the supply and circulation of data elements, improved the efficiency of resource allocation, created () and new models, and fostered new development momentum. Take parking operation and community operation as examples: in terms of smart parking, according to the latest statistics released by the Ministry of Public Security, by the end of June 2024, the number of motor vehicles in China had reached 440 million, including 345 million cars. Forward-looking Industry Research Institute preliminarily predicts that with the support of national and local governments, the domestic smart parking market will maintain a compound average growth rate of more than 20% in the next five years.By 2025, the industry output value is expected to be close to 40 billion yuan, and the market prospect of urban parking operation based on data elements is broad. As for the smart community, according to China Report Hall, as an important part of smart city construction, with the acceleration of urbanization and the development of technology, the market demand of smart community is affected by multiple factors, and the support of policies further promotes the development of smart community market. In 2023, the market size of smart communities exceeded 680 billion yuan, a year-on-year increase of more than 20%. With the continuous progress of science and technology and the continuous improvement of people’s requirements for quality of life, the development prospect of smart community market is very broad. It is predicted that by 2025, the smart community industry is expected to grow into a new trillion-dollar market. Smart community and smart parking will gradually change from simple construction mode to "construction+operation" mode, and the demand for operation services will be increasingly strong.

In terms of wisdom and environmental protection, during the reporting period, the Central Committee of the Communist Party of China and the State Council issued Opinions of the State Council, the Central Committee of the Communist Party of China on Promoting the Construction of Beautiful China in an All-round Way and Opinions of General Office of the State Council, the General Office of the Central Committee of the CPC on Strengthening the Zoning Control of Ecological Environment, which indicated that China’s ecological environmental protection has achieved a major change from key remediation to systematic governance, from passive response to active action, from participants to leaders in global environmental governance, and from practical exploration to scientific theory guidance. We should further deepen the application of artificial intelligence and other digital technologies, build a beautiful digital governance system in China, and build a green and intelligent digital ecological civilization. Implement the ecological environment informatization project and strengthen the integration and sharing of data resources and comprehensive development and utilization. Accelerate the establishment of a modern ecological environment monitoring system, improve the integrated monitoring network of the sky, the earth and the sea, strengthen the supervision and monitoring of ecological quality, and promote the research and development of ecological environment satellite loads. Strengthen the monitoring capacity building of greenhouse gases, groundwater, new pollutants, noise, ocean, radiation and rural environment, realize full coverage of coordinated monitoring of carbon reduction, pollution reduction and greening expansion, and improve the level of ecological environment quality prediction. Implement classified law enforcement supervision of pollutant discharge units, vigorously promote off-site law enforcement, and accelerate the formation of a smart law enforcement system. At the same time, a series of measures such as "promoting the construction of national water network" and "coordinating water resources, water environment and water ecological management" were written into the "Government Work Report", which pointed out the path for improving the national water security guarantee capacity. The National Water Conservancy Work Conference has made arrangements for accelerating the construction of water conservancy infrastructure, including "accelerating the improvement of rain monitoring and forecasting system","Vigorously promote the construction of digital twin water conservancy" and other key tasks. In the fourth quarter of 2023, the issuance of national debt will be increased by 1 trillion yuan, and the capacity building of disaster prevention, mitigation and relief in the water conservancy field will be the top priority. A large number of projects in the water conservancy field will land in 2024.

In terms of smart industry, during the reporting period, based on its advantages in smart city and digital government, the company cut into the business field of smart industry through a series of self-research, system integration and ecological co-construction. The company has actively developed and integrated into the localization ecology, increased investment in the underlying chips, operating systems, computing equipment, localization components, etc., and formed a certain degree of self-controllable ability. At present, it has initially formed four independent industries: AIoT Zhilian Network, safety production, video information security and law enforcement intelligent equipment.

At present, the IoT industry is mature, the integration of IoT equipment and AI technology is accelerating, and the penetration rate of technologies such as AI vision and large model in the field of smart cities continues to increase. The company will take AIoT technology as the underlying infrastructure of the big model+data element strategy, forming a closed-loop technology of software and hardware integration. On May 20, 2024, the National Development and Reform Commission and other four departments issued the Guiding Opinions on Deepening the Development of Smart Cities and Promoting the Digital Transformation of Cities. The Guiding Opinions proposes to cultivate and expand the urban digital economy. We will further promote the deep integration of digital technology with the first, second and third industries, strengthen the integrated application of key digital technologies such as big data, artificial intelligence, blockchain and advanced computing in urban scenes, and build an internationally competitive digital industrial cluster.

On this basis, the company actively expanded the B-side business, continued to deepen the safety production industry, built an integrated platform for safety supervision, and successfully promoted the landing of the Hunan Valin factory project. In the field of information security, relying on the advantages of video surveillance in smart cities and discerning projects, the company independently developed a series of video surveillance security products, and launched products such as video security reinforced gateways and video security sharing platforms, which fully supported the provincial, municipal and county public security departments to meet the requirements of GB35114 standards. In the field of intelligent equipment, the company takes advantage of the first-Mover advantage of the integrated administrative law enforcement platform, introduces a series of law enforcement intelligent equipment through ecological co-construction, expands the complete product system of law enforcement intelligent equipment, and forms the organic integration of the integrated administrative law enforcement platform to fully meet the needs of law enforcement entities at all levels.

The development trend of the industry where the company’s main business is located is improving, which has a promising development space. As a key area of national development, the demand of major customers of companies such as government units and government enterprises and institutions is strong. However, due to the continuous complex and changeable macroeconomic environment in recent years, the financial situation in various places is not ideal, the project approval period is prolonged, and the policy adjustment increases the complexity and uncertainty of project implementation, which leads to some recent projects of the company lagging behind and shrinking, and thus becomes the main incentive for the company’s performance not to meet expectations during the reporting period.

In addition, the company is actively promoting new strategic research and development direction, especially in the field of artificial intelligence and data elements. Governments at all levels attach great importance to the innovation and application of new technologies in this field. At present, the company is still in the stage of technical exploration and product trial in this field, and has not yet formed large-scale applications and orders. Based on the product strategy of artificial intelligence and data services, the company has continuously increased its investment in research and development of related products and technologies, which has led to a decline in the company’s operating results to some extent. However, with the increasing commercialization maturity of artificial intelligence and data elements, the company will gradually form a stable income source in this field in the future, thus improving its operating conditions.

(II) Brief introduction of the company’s main business

The company is a leading enterprise in artificial intelligence and data services, and is committed to promoting the innovation and development of global digital government, public safety, social governance and smart industry.

1. Artificial Intelligence/Data Elements+Digital Government

The company closely follows the market trends, deeply explores the core needs of users, actively explores cutting-edge scientific and technological means, and takes "number" as the driving force and "wisdom" as the engine, creating scenes such as "doing one thing at a time", "batch by batch", "one business with one certificate" and "traveling without a license", aiming at upgrading the government service from the traditional mode of "being able to do it" to.

(1) integrated application of government services

During the reporting period, the company focused on cutting-edge technologies such as artificial intelligence, data elements and big models, innovated industry applications and scenarios such as government service maps, government service guidance offices and customer service robots, and created "three-dimensional" intelligent government services for industry departments through hierarchical product portfolio, which promoted the transformation of government services from human service to human-computer interaction, and from experience judgment to data analysis. During the reporting period, based on Bai Ze AI big model, the company initially realized intelligent consultation and intelligent auxiliary handling such as "one thing is born" and "one thing is started by an enterprise" through technologies such as natural language understanding, multiple rounds of dialogues and user intention identification, which brought new changes to the field of government services, realized the task of asking while handling, and highly integrated AI with government services.

During the reporting period, the company continued to deepen the reform and policy requirements of "one network to run", and deeply participated in provincial and municipal integration construction projects such as Fujian, Henan and Sichuan, helping enterprises and people to handle various affairs conveniently and build an efficient government service system; The company continued to explore the mode of "industry+government service" and won the bid to build the key project of "smart public security" in Fujian Province. By building a one-stop comprehensive service window and public security administrative examination and approval system in the whole province, it provided a unified business entrance for the police in the public security window, provided comprehensive services such as household administration, public security, traffic police, entry and exit for the masses, and strived to create a convenient public security service of "one window for acceptance, one door for handling, one network for handling and one-time completion". The company unswervingly implements the strategy of "Yun Fan Going to Sea" and works hand in hand with Huawei Cloud and other partners to jointly create a new chapter in overseas markets. At present, the company has jointly formulated the strategic direction of "going to sea in a new era" with Huawei’s government affairs first Netcom Corps, and jointly built the benchmark project of Algerian national government service platform ANCDS to promote overseas digital transformation.

(2) License cloud

The company focuses on building a brand-new license cloud product around the comprehensive cloudization, engineering service, scene operation and internationalization of the license platform. The license cloud product has the characteristics of cloud multi-tenant application, distributed function expansion, multilingual adaptation and switching, and is compatible with the complex network environment of government affairs network and Internet, providing trusted electronic file generation and management, license data governance and development, license scene access and creation, mobile channel use and service for different user groups, and increasing the sense of acquisition, work and life convenience for enterprises and individuals.

During the reporting period, the company deeply participated in the construction of "smart public security" in Fujian Province, and built a public security electronic license management system based on the work deployment requirements of national government services and the industry electronic license standards of the Ministry of Public Security. The system focuses on the business requirements of four links: combing, generation, sharing and application of electronic licenses, and realizes the whole life cycle management of electronic licenses such as licenses, approvals and certificates, and provides "closed-loop" sharing application services for public security industry licenses, realizing "one photo is universal" and optimizing and improving the public security administrative efficiency and public service level. In addition, the company’s license cloud and the integrated products of government services are deeply integrated and coordinated to form stronger competitiveness, and jointly build the benchmark project of ANCDS in Algeria and the "Smart Public Security" project in Fujian Province. At the same time, it continues to land in the projects of Suizhou electronic license in Hubei Province, Zhengzhou electronic approval, Shenyang electronic license, etc., and is committed to optimizing the "no certificate" service mechanism, promoting the gradual upgrading of government services from "reducing licenses to facilitating the people without licenses", and realizing the business people to go into battle lightly. With the release of the National Network Identity Authentication Public Service Management Measures (draft for comments) jointly issued by the National Network Information Office and the Ministry of Public Security, the promotion and operation of licenses will be extended from government service scenarios to various scenarios at the C end, and license data elements can be generated, providing a new blue ocean market for the operation of electronic licenses.

(3) Big data governance platform products

In May, 2024, the National Bureau of Data officially released the List of Work Points for the Construction of Digital China in 2024 (hereinafter referred to as "Work Points"), which marked that the construction of digital China in China entered a brand-new strategic deployment stage. The publication of "Key Points of Work" has defined the main direction of the construction of digital China in 2024, in which the key points of getting through the big cycle of data resources are emphasized, and the strategic position of accelerating digital development and taking data as the core production factor is highlighted. Smooth circulation of data resources will focus on three major areas: first, focus on solving the problem of overall management of data resources, second, focus on solving the problem of insufficient supply of high-quality large-scale data, and third, focus on solving the problem of willingness to use data. Combined with the national data development strategy and new policies, the company adheres to the strategic positioning of "building an intelligent engine for data governance and empowering industry application scenarios to innovate", which is in line with the national "Work Points". During the reporting period, we continued to strengthen the improvement of the "integrated service platform for public data governance", innovated and supported business application scenario products such as government service data governance, key indicators of urban operation, and authorized operation of public data with AI+ data intelligent governance engine, and expanded the data governance+industry model. On the basis of public data, integrate enterprise data and financial services to complete the data operation scheme of enterprise financing matching service; Refine development and reform investment data and business empowerment, and complete development and reform investment and economic indicators data governance services. During the reporting period, the company actively laid out the data element market and promoted data intelligence with artificial intelligence technology.Successfully won the bid for the artificial intelligence middle platform (Phase I) project in Baoan District of Shenzhen Baoan District Information Center.

(4) Digital Intelligence Platform Products

During the reporting period, the company closely focused on the actual needs of the government and enterprises, comprehensively upgraded the two product lines of enterprise service and economic operation, and merged them into a brand-new AI enterprise service platform. The platform not only strengthens the two core applications of policy service and industrial service, but also deeply integrates "data and AI" technology, which promotes the deep landing of enterprise service and industrial service application scenarios and significantly enhances the core competitiveness of products. With the deepening of digital reform and the urgent demand of the government, enterprises and the public for the optimization of business environment and the high-quality development of regional economy, the company’s economic products have won wide market recognition. Relying on the cutting-edge achievements such as the "Bai Ze Government Model" of Tsinghua Nanwei Joint Research Center, the scene innovations such as "AI+ policy service" and "AI+ industry service" have been further deepened, and a large closed-loop ecology of benefiting enterprise service and industrial development has been constructed from the multi-dimensions of "benefiting enterprise service, industrial investment promotion and economic development", which has laid a solid foundation for the sustainable development of products.

The company focused on upgrading the enterprise service platform, which not only integrated high-frequency application scenarios such as corporate portraits, corporate labels and industrial labels, but also realized accurate characterization of enterprise characteristics through deep learning algorithms. At the same time, the functions of data link management and label consanguinity management have been strengthened to ensure the clear source, orderly circulation and reliable quality of data, providing solid data support for corporate portraits. Through the in-depth application of corporate portraits, we can provide more personalized and accurate service solutions for enterprises. In order to ensure the quality and security of data, the company introduced advanced data link governance mechanism to strictly supervise the whole process of data collection, storage, processing and application. At the same time, a label consanguinity management system is established to trace the generation process, usage scenarios and influence scope of labels, which provides a strong guarantee for the compliant use and accurate analysis of data.

Empowered by AI technology, the company launched the AI enterprise smart service module, which integrates intelligent customer service, intelligent question and answer, intelligent recommendation and other functions, and realizes intelligent interaction with enterprises through natural language processing, machine learning and other technologies. AI Enterprise Smart Service can respond to the needs of enterprises in real time, provide personalized service suggestions and improve service efficiency and satisfaction. In the field of industrial investment promotion, the company uses big data analysis and AI algorithm to realize intelligent screening and in-depth evaluation of potential attracting enterprises, accurately meet the needs of enterprises, match high-quality industrial resources, and help efficient investment promotion and industrial upgrading. At the same time, through intelligent recommendation and customized services, the accuracy and success rate of industrial investment promotion will be improved, which will help the high-quality development of regional economy. During the reporting period, this product has been applied and popularized in many cities such as Pingshan District of Shenzhen and Nanping of Fujian.

(5) Smart terminals and hall products

In January, 2024, Premier Li Qiang presided over the the State Council executive meeting to review the Guiding Opinions on Further Optimizing Government Services, Improving Administrative Efficiency and Promoting "Doing One Thing with Efficiency" (hereinafter referred to as the Guiding Opinions). In the name of the State Council, the document was officially issued and implemented by various regions and departments. "Guiding Opinions" is the first guiding document for the State Council to deploy the reform of government services after the 20th National Congress of the Communist Party of China. The document has a strong strategic, programmatic and leading role, which is highly in line with the requirements of the times when China enters a new stage of development, and embodies the new ideas, new measures and new requirements of the CPC Central Committee and the State Council in promoting the reform of government services in the new era and new journey. The products of "unattended service hall" and "integrated window workstation" will be applied to the service scene of "efficiently doing one thing", effectively promoting the innovation of government affairs mode. Therefore, the demand for hall products has been further stimulated. During the reporting period, the company applied a series of products such as "Unattended Service Hall" and "Integrated Window Workbench" to the market demand, and constantly optimized and improved the product performance, striving to promote the overall level of government services of target customers, achieving a comprehensive leap from "excellent" to "excellent", and effectively leading and driving the digital reform of the government and empowering the innovation of government governance. During the reporting period, it has obtained promotion opportunities from a number of typical users such as Chifeng, Inner Mongolia.

(6) digital intelligence supervision and supervision products

During the reporting period, the company continued to maintain its leading position in the field of supervision and continued to deepen the product research and development of "grassroots public power big data supervision platform" and "comprehensive supervision platform". Empowering the grass-roots supervision business with the advantages of "business+data +AI", refining a number of "small but beautiful" products such as "village-level project" and "grass-roots governance model square" on the basis of business scenarios such as village-level project, labor service, asset resources, rescue subsidy, village-level procurement, seal service, land acquisition and demolition, land-lost insurance, party member development and homestead application. At the same time, in terms of market space expansion, the product team actively explores the application scenarios of grassroots data elements in the fields of agriculture, rural areas and farmers, and through the intelligent application of data elements, it helps to improve the overall operational efficiency and service level in the field of rural revitalization, realize the mode innovation of business operation and data service, and establish a competitive advantage in the market.

During the reporting period, the company further improved the "comprehensive supervision platform" and provided comprehensive application services and solutions for industry data based on the product foundation of "internet plus Supervision" and "market supervision integration" in terms of serving national ministries and commissions, local "internet plus Supervision" construction departments and local industry authorities, and supporting the digitalization, intelligence and standardization of supervision business. The products focus on the research and development of "cross-departmental comprehensive supervision platform" and the precipitation of "supervision business scenarios and AI models", improve the product system, enhance product competitiveness, enhance the effectiveness of cross-departmental comprehensive supervision linkage, comprehensively judge potential risks, and urge regions to make up for shortcomings in comprehensive supervision.

(7) Digital Intelligence Administrative Law Enforcement Products

The Opinions on Strengthening the Construction of Administrative Law Enforcement Coordination and Supervision System issued by the General Offices of the General Office of the Central Committee of the CPC and the State Council on May 14th, 2024 requires that the system and mechanism of administrative law enforcement supervision should be improved, and the administrative law enforcement supervision should be organically integrated and coordinated with other kinds of supervision.

In order to help governments at all levels to quickly respond to the new task of law enforcement system construction issued by the State Council, the company innovatively developed the product of "Nanwei Integrated Administrative Law Enforcement Platform", which realized all-round collection of law enforcement elements, full closed-loop network operation of law enforcement procedures, full-process supervision of law enforcement behavior, full-system publicity of law enforcement and full-intelligent analysis of law enforcement data, and created a new and intelligent law enforcement management and supervision experience. Create accurate, civilized, efficient and intelligent law enforcement, and promote the reform of comprehensive administrative law enforcement at the grassroots level; Break the cross-multi-layered law enforcement and continuously optimize and improve the business environment ruled by law. The platform realizes the full collection of law enforcement data, provides integrated information support for daily law enforcement business, provides support for law enforcement departments to handle cases, conducts big data analysis based on collected data, and assists decision-making. During the reporting period, the company continued to optimize the product line of administrative law enforcement and achieved remarkable results and leap-forward development. In the application of AI law enforcement elements management, based on Nanwei Bai Ze industry model, the intelligent disassembly of laws and regulations and the intelligent disassembly of law enforcement elements have been completed successively, realizing one-time structured disassembly and real-time dynamic update of legal norms, providing accurate data call and guidance for administrative law enforcement personnel. In the application of line law enforcement business, the high-frequency business line system was deeply focused, and inspections, special inspections and daily management were completed in urban management and ecological lines according to business needs, and the needs of different line law enforcement units were deeply understood and realized. In the integration and application of law enforcement equipment, a series of high-performance and intelligent law enforcement equipment and innovative law enforcement products have been developed.Combining cutting-edge artificial intelligence, big data analysis and Internet of Things technology, focusing on improving the efficiency and accuracy of law enforcement, a portable law enforcement recorder integrating high-definition camera, real-time data transmission and intelligent analysis was launched, which effectively improved the scientific and technological content and standardization level of law enforcement work, and greatly improved the ability of law enforcement data collection, processing and analysis.

During the reporting period, the Interim Measures for the Administration of Fujian Integrated Administrative Law Enforcement Platform came into effect on June 1, 2024, and the platform has been fully applied in Fujian Province. In the 2024 Digital China Innovation Competition, "Nanwei Integrated Administrative Law Enforcement Platform" won the third prize of Fuzhou Xinchuang Circuit. In the future, the company will continue to adhere to the concept of "technology empowers law enforcement, innovation drives development", deepen product and service innovation, strengthen communication and cooperation with customers, accurately grasp changes in market demand, and continuously improve the intelligent level and user experience of law enforcement products.

(8) Smart development and reform integrated products

During the reporting period, the company continued to maintain its leading position in the field of development and reform, and established a product line of intelligent development and reform integration platform, including sub-products, such as integrated management platform for investment projects, online approval and supervision platform for investment projects, digital management platform for investment projects, and efficiency management system for engineering construction projects. With the technical support of "data +AI", the company enabled the full closed-loop business of investment projects. On the basis of investment project declaration and approval, At the same time, in terms of market space expansion, we explore the AI-based mini-robot, which can guide enterprise scenario project declaration and assist departments in intelligent project approval and scientific investment decision-making through intelligent question and answer, data model analysis and rule formulation.

During the reporting period, in order to serve local governments, development and reform departments and industry authorities, the company further improved the development and reform series of sub-products on the basis of smart development and reform integrated platform products, and provided comprehensive application services and solutions for industry data. Empowering the development and reform work through "data +AI" will improve the level of system intelligence, enhance the core competitiveness of products, and provide strong support for governments at all levels in the field of industrial development and project investment.

2. Artificial intelligence/data elements+public safety

In terms of public safety, during the reporting period, the company, as a leading public security big data expert in China, focused on the intelligent construction and application of public security big data, focused on data fusion and sharing, integrated and innovative applications, focused on data collection, transmission and governance of intelligent sensing devices, video and image AI, and research and development of practical application products of police, provided products and comprehensive solutions integrating practical police, people’s livelihood police, standardized police and humanistic police for the construction of smart public security, and promoted the quality change, efficiency change and police work. At present, the projects undertaken by the company have covered five levels of public security organs from central to local.

(1) Public Security Big Data Platform

Through the life-cycle management of data collection, access, transmission, processing, organization and service, the company builds a product system of police data center and components, and builds a big data service center to provide support for various police practical application services. The products mainly cover software platforms such as data collection and transmission, data management, data integration, data cross-network exchange and data service (including tag center, relationship center, trajectory center and monitoring and early warning center) in the public security industry, and have been applied and promoted in multi-level and multi-level public security organs.

(2) Video image AI middle station

The company builds a video image AI middle platform that integrates video image analysis, multi-hardware computing power management, multi-vendor algorithm management, multi-scene task scheduling, unified resource management, unified service interface, etc. By constructing local and global information in video images, it analyzes multi-dimensional features such as space-time layer, semantic layer and task layer, and integrates various algorithm engines such as face, vehicle, human body and gait to generate multi-modal structured information in different scenes, which is public security big data. According to the relevant policy requirements of social governance and social security prevention and control system construction in the city, we will further strengthen the video image sharing service between the public security and other government departments, and improve the intelligent analysis and application ability of video images in different industries. This product has been widely used in actual combat scenes such as public security, ocean, government affairs, etc., and has achieved over 10,000-level video image analysis in many projects, helping Fuzhou Public Security Bureau and Quanzhou Public Security Bureau of Fujian Province to realize the on-demand deployment of algorithms and computing power in different scenes, different time periods and different tasks, and meet the needs of tens of thousands of passers-by image analysis, portrait gathering, video structuring and vehicle secondary identification.

(3) Police service center

The police middle office highly integrates and condenses the work requirements of various police services, extracts the commonness of grass-roots work, constructs the standard parts of police work and the police message bus, and makes each service into a standard part by graphically configuring the work, so that the police can clearly know what they should do, how to do it and to what extent. Relying on the ability of data aggregation, governance and analysis of big data center, we can effectively solve the four core pain points of heavy grassroots work, insufficient standards, difficult assessment and lack of empowerment from four dimensions: multi-police business integration, multi-scenario modeling and analysis, standardized circulation of police affairs, and whole-process analysis and assessment, and solve the practical problems of police information in grassroots police stations. It is integrated into the AI policing intelligent question answering system. Through natural language processing and machine learning algorithms, it supports the police to input words, photos, etc., and quickly conduct intelligent questions and answers, so that the police can quickly grasp the information of people, cars and other elements and assist the grassroots policing work.

(4) AI all-in-one machine for traffic violations

Combined with the actual scene requirements in the field of public safety, the company has built diversified and lightweight AI edge computing equipment, developed characteristic algorithm models such as people, cars, objects and behaviors, and continuously increased investment in the research and development of intelligent and innovative applications of video images. The intelligent analysis machine for traffic violations, which is mainly developed, combines artificial intelligence technology with edge computing to accurately identify and warn over 50 kinds of illegal behaviors such as trucks, motorcycles and electric vehicles, effectively supplementing the blind spot of traditional traffic technology monitoring, and providing technical support for road traffic accident prevention.

(5) Police practical application products

According to the requirements of the national municipal social governance construction policy, the company conducts in-depth research on police types and grassroots police stations, develops various innovative applications, and continuously improves the business capabilities of customized products. From prevention to disposal, we will fully integrate the prevention of public safety risks and the improvement of public safety governance with "big data" and artificial intelligence upgrades, strengthen the application of big data modeling, accurately analyze potential safety risks, and improve the effectiveness of public safety prevention and disposal. In the prevention stage, based on artificial intelligence technology, real-time monitoring and prediction of various public safety risks are realized. Through the mining and learning of historical data, potential safety risk patterns are identified and early warning is carried out. In the disposal stage, once a public safety incident occurs, the artificial intelligence system can quickly analyze and judge the incident, providing scientific decision-making basis for decision makers.

(1) Iteratively upgrade the actual combat platform for social security prevention and control, improve the integrity, coordination and accuracy of social security prevention and control, accelerate the modernization of the city’s social security prevention and control system, lead the public security organs to prevent and manage various tasks, improve the control of social security in a dynamic environment, and help prevent and take the initiative in policing.

② Iteratively upgrade the main defense platform of smart police station, rely on the big data empowerment system, explore a new path of "preventive policing", and strengthen the closed loop of investigation, monitoring, early warning and disposal of key focus objects, clues of illegal crimes and potential risks in the jurisdiction, so as to achieve a clear base, clear information and smart information, aiming at effectively reducing police situation, controlling cases and eliminating hidden dangers, realizing a virtuous circle of social security and creating a "public security sample" with high-quality development.

③ Research and develop an integrated prevention and control platform for coastal areas and seas, strive to create a smart coastal defense solution with the goal of "comprehensive perception, extensive interconnection, integration and sharing", build a coastal defense information system in the new era based on the public security big data platform, and form an orderly coverage of coastal provinces, cities and counties across the country, helping the company to speed up the layout of "smart coastal defense" areas and enhance the market competitiveness of coastal defense service products.

(4) Develop a practical application platform for public security big data, and provide grassroots police with three levels of empowerment methods: automatic system push, police self-inquiry and professional empowerment of data support posts, so as to realize that big data support can be reached at any time and anywhere, and effectively solve the demand of grassroots police for data empowerment. The platform improves the efficiency and accuracy of police work, meets the urgent needs of grassroots police personnel for rapid information acquisition and analysis in daily patrols, police situation handling, case investigation and other scenarios, and ensures that big data resources can become the right-hand man of every frontline policeman.

⑤ Research and develop a telecommunication network crime prevention platform, build a multi-level anti-fraud integrated working mechanism linked by provinces, cities, counties and institutes, and provide technical support for the police from early warning and dissuasion, case-like attack, card disconnection, personnel control and technical countermeasures.

⑥ R&D of an integrated combat platform focusing on various high-frequency combat scenarios, focusing on improving the three capabilities of intelligence, command and action, and building an integrated flat emergency command system of provinces, cities, counties and institutes, which provides strong data services and technical support for frontline combat police.

In terms of smart politics and law, the company has been deeply involved in the field of politics and law for many years, focusing on technological innovation, applied research and development and construction services in the fields of politics and law committee, procuratorate, court and judicature. Relying on core technologies such as artificial intelligence, big data and cloud computing, the company provides products and overall solutions covering the whole life cycle of the political and law industry, such as smart rule of law, smart governance, smart prosecution, smart court and smart communication, and realizes. The details are as follows:

(1) wisdom and rule of law

The company has made remarkable achievements in wisdom and rule of law, and its products such as political and legal cooperation and law enforcement supervision have been widely recognized by the industry. The company will continue to deepen technological innovation and continuously optimize product functions to meet the ever-changing market demand. Among them, the cross-departmental big data case-handling platform of politics and law breaks down the data barriers between the public, procuratorial, legal and administrative departments, integrates the () of the political and legal departments, deeply connects the criminal, civil and administrative case processes, and realizes the network interconnection of political and legal units, online handling of the whole case, safe sharing of information and data, efficient and transparent convenience service, intelligent assistance to scientific decision-making, law enforcement supervision to improve quality and efficiency, and real-time tracking of the property involved, so that the platform can promote strict law enforcement. During the reporting period, the company won the bid for the cross-departmental big data case-handling platform project in Fujian Province. Based on "big data+intelligent algorithm" and centered on "people and cases", the supervision platform of political and legal law enforcement integrates the supervision data of various political and legal units, deeply analyzes the potential value and correlation of data such as criminal cases, letters and visits, comprehensive management, and clues to eliminate evils, and then constructs various risk early warning strategies, forming a triple line of defense of "early warning, handling in the process and rectifying afterwards", and building a case investigation without handling cases and coordination. Based on information technologies such as cloud computing and big data, the inter-departmental property management platform establishes an efficient data circulation and sharing mechanism, and opens up business data of public security, procuratorate, court and finance bureau to realizeWith the refined management of "one case, one file" and "one thing, one yard", all political and legal departments can track the disposal of the property involved in real time to ensure that the disposal of the property involved is open and transparent, and the disposal process is fully recorded and traceable.

(2) Smart governance

In the field of smart governance products, the company adheres to the concept of innovation-driven, and uses cutting-edge information technology to develop a variety of products, such as contradiction mediation, key personnel management and control, social governance, and safety assessment, in order to build a harmonious, safe and efficient social governance system, and then contribute to social stability and sustainable development. One-stop diversified solution platform for contradictions and disputes uses artificial intelligence, big data and other technologies, in accordance with the idea of "multi-center integration", horizontally cooperates with public security, justice, courts, letters and visits and other departments, and vertically links the six-level organizational system to realize the closed loop of the whole process of mediation centers, intelligent analysis of judgment centers and empowerment centers, and promote "one-stop acceptance, package mediation and full chain settlement" of disputes. At the same time, intelligent tools such as intelligent input, intelligent question and answer, video mediation, intelligent document generation, and AI risk warning are provided to help resolve conflicts and disputes with science and technology, improve the intelligent level of conflict and dispute resolution, and improve the efficiency of conflict and dispute resolution. During the reporting period, the company’s one-stop diversified solution platform for contradictions and disputes was selected as the 2024 intelligent governance innovation plan for intelligent construction of politics and law. The digital management and control platform for key personnel integrates multi-departmental data resources such as public security, justice and health care, and establishes a "one person, one file" information base for key people. Based on the precise definition of key personnel’s risk topics and the in-depth analysis of risk factors, a comprehensive risk analysis model is constructed to gain insight into abnormal behaviors and potential risks in time and issue accurate early warning. With the help of collaborative distribution system, it is seamlessly connected with various departments to form an efficient management and control mechanism.Realize intelligent early warning, whole-network analysis, intelligent judgment and full-process control for key populations. The smart platform for social governance uses technologies such as big data and artificial intelligence to create a smart platform for social governance that integrates innovative applications such as data aggregation, data analysis and judgment, risk assessment and early warning, whole-process supervision and assessment, visual command and dispatch, and mobile application, and promotes the transformation of social governance from "single-handedness" to "collaborative linkage" and from "passive emergency" to "active response". During the reporting period, the company won the bid for Quanzhou Social Governance Smart Platform Project.

(3) Wisdom inspection

During the reporting period, the company focused on the in-depth development in the field of intelligent procuratorial work, committed itself to innovating the judicial case handling mode, promoted the modernization process of the legal supervision system, and provided solid technical support and professional services for the modernization transformation and high-quality development of procuratorial work. The products independently developed by the company, such as wisdom reading, legal supervision model and supervision of non-custodial personnel, were widely recognized and concerned by the client units. With the guiding concept of "improving the criminal accusation system with evidence as the core", the intelligent marking system deeply integrates the AI model, empowers online electronic marking application scenarios, provides a conversational AI marking tool for the whole process of handling cases, provides a solid guarantee for comprehensively improving the efficiency and quality of marking, and lays a solid foundation for "running every case with high quality and efficiency". Big data legal supervision platform is a comprehensive digital platform aimed at improving the legal supervision ability of procuratorial organs. The platform uses advanced digital technology to fuse, mine and analyze multi-source data, which provides key technical support for the legal supervision of procuratorial organs, provides solid and reliable basic support for legal supervision, and then helps procuratorial organs to perform their duties more efficiently and firmly safeguard social fairness and justice. The synchronous recording and video recording system of confession and punishment is based on the actual needs of procuratorial organs, and adopts flexible and easy-to-operate system design to assist prosecutors to complete the synchronous recording and video recording of confession and punishment efficiently and with high quality. The system ensures the high standards and norms of handling cases of pleading guilty and admitting punishment, effectively promotes the better application of the system of pleading guilty and admitting punishment, and promotes the development of information litigation and serving sentences.With the support of artificial intelligence, big data, blockchain, cloud computing and other technologies, the digital supervision platform for non-detainees has realized the replacement of "man-to-man" by "cloud supervision" through the functional design of non-detainees’ application for going out, warning of violations, regular punching and irregular sampling, with the help of GPS positioning system, face and fingerprint recognition, and promoted the development of electronic supervision.

(4) Smart Court

In the field of smart court construction, relying on the existing mature products, the company continues to promote technological innovation and service upgrading, and is committed to improving the work efficiency and case handling quality of court staff at all levels, contributing to the double improvement of judicial justice and efficiency. Taking "people and cases" as the starting point, the platform for the prevention and control of integrity risks uses big data and AI intelligent analysis technology to sort out the risk points of key departments, key positions and key responsibilities, build an analysis and comparison risk model, realize intelligent analysis, automatic judgment, rapid warning and accurate push of integrity risk prevention and control, ensure the people’s courts’ all-round supervision of "responsibility and power of people and cases", and ensure that the operational risks of judicial power are visible, the problems are accurately grasped and the rights are managed. In strict accordance with the relevant requirements of the latest performance appraisal method in the Supreme People’s Court in 2024, the intelligent performance visualization management platform has realized the intelligent assessment and management of judges, legal assistants, bailiffs and administrative personnel in courts at all levels. The platform uses modern information technology to collect, process, count and analyze all kinds of court data, and intelligently completes the multi-dimensional, three-dimensional and comprehensive evaluation of performance appraisal, effectively improving the scientificity and objectivity of appraisal and avoiding the interference of human subjective factors.

(5) Smart contact

Many smart contact products, such as the company’s representative contact system, the digital NPC platform and the smart CPPCC platform, have deeply grasped the development trend of digitalization and network intelligence. Relying on cutting-edge digital technologies such as the Internet, big data, cloud computing and artificial intelligence, through the Internet, APP, WeChat applet, WeChat WeChat official account and other diversified channels, they have carefully created the core function of "handling the whole process of proposal" and supported by "full data portrait". A comprehensive platform with the ultimate goal of "leading liaison work in all directions" provides comprehensive and advanced information support and decision-making auxiliary tools for delegates, Committee members and leaders at all levels, which greatly promotes the modernization of governance system and governance capacity.

3. Artificial intelligence/data elements+social governance

During the reporting period, in the field of urban governance, Nanwei focused on the "A1+ one network unified management" model, aiming at promoting the modernization of urban governance system and governance capacity, fully integrating the emerging concepts of AI and data elements, and taking the "deep sea" industry model as the base. For urban operation, urban management, grass-roots governance, people’s livelihood demands, urban services, community governance, etc., we will build pragmatic, practical and landing solutions such as unified management of one network, urban transportation management service, grass-roots governance, urban communication and AI community, and promote the innovation of urban governance model, the reshaping of governance methods and the reconstruction of governance system, so as to make the city run more orderly, manage more efficiently and serve more accurately. The service cases have covered more than 10 provinces such as Beijing, Guangdong, Fujian, Sichuan, Guizhou, Henan and Hubei, including more than 100 cities such as Shenzhen, Fuzhou, Xiamen, Quanzhou, Chengdu and Guiyang, serving more than 400 million people.

(1) unified management of one network

The "one network unified management" for urban operation led by party committees and governments at all levels is the core platform for digital government and smart city construction, and it is also an important starting point for party committees and governments at all levels to promote urban governance. The company’s urban operation is "unified management through one network", focusing on "efficient handling of one thing" and "unified management" around five major areas of urban management, social governance, public safety, ecological environmental protection and industrial economy, which are concerned by the party Committee and government, to build a new paradigm of urban governance.

During the reporting period, the company, as the deputy head of the Operation Special Group of the Smart City Standards Working Group of the National Signaling Committee, participated in five national and industry standards, and deeply participated in the compilation of the standard literature of "Research and Best Practices on Urban Brain Development"; Participate in the compilation of national standards such as Evaluation Requirements for the Capability of Smart Cities’ Intelligent Hub and Data Governance Requirements for Smart Cities’ Intelligent Hub, and participate in the compilation of group standards such as Urban Intelligent Hub Urban Event Management Part 1: General Requirements and Urban Intelligent Hub Urban Event Management Part 2: Event Engine Functional Requirements. The company-led "Digital Wisdom Quangang Project" was selected as the "Excellent Case of Urban Brain in 2023" of the smart city of the National Information Committee. At the same time, the company strengthened strategic cooperation with Huawei and other companies, and put on the shelves the "one-network unified management grid governance platform" for joint transport goods of Huawei Yunyun Store, providing value for the digital transformation of government customers.

In April, 2024, the company released the solution of "One Network Unified Management" 3.0, which centered on "efficiently handling one thing", took the two-wheel drive of "institutional mechanism+platform construction" as the core, and aimed at promoting the modernization of urban governance system and governance capacity, and built the overall solution of "1+1+5+N". One Network Unified Management 3.0 is committed to becoming an important starting point for the Party Committee and government to focus on urban governance, and to promote the innovation of urban governance model, the reshaping of governance methods and the reconstruction of governance system, so as to make the city run more orderly, manage more efficiently and serve more accurately.

At present, the company’s unified management of one network has been implemented in dozens of cities across the country, such as Shenzhen, Guiyang, Beijing, Quanzhou and Zhumadian, and achieved good operation results. In the future, the company will continue to export the power of digital intelligence, relying on independent and controllable cutting-edge technology to empower the "one network unified management" model innovation.

(2) Urban operation management service platform

The urban operation management service platform is an important starting point for the Party committee and government to promote the creation of a national civilized city, a national sanitary city, a national garden city and a national security development demonstration city. According to the "One Notice, Two Guides and Four Standards" of the Ministry of Housing and Urban-Rural Development, the company builds a "7+3+3" product system, vertically connects the national platform, the provincial platform and the county (city, district) platform, horizontally integrates and connects the information systems of relevant urban management departments, and has the functions of overall coordination, command and dispatch, monitoring and early warning, supervision and assessment and comprehensive evaluation. The company has landed urban management platform projects in dozens of cities in Fujian, Hubei and other countries, among which Quanzhou Urban Operation Management Service Platform in Fujian Province, as the first prefecture-level platform in Fujian Province, won the honorary certificate of "2024 Digital China Innovation Competition Digital City Circuit Digital City Hundred Scenes".

During the reporting period, the company deeply participated in the compilation of many national standards such as Evaluation and Acceptance of Urban Operation Management Service Platform, which effectively enhanced its influence in the urban transportation management service industry. The company has six core competencies, such as standard advantage, product advantage, technology advantage, operation advantage and business advantage, in terms of urban transportation service platform. Familiar with the operation mechanism of urban transportation management service platforms all over the country, able to provide mechanism supporting services according to the actual needs of urban business; It has the comprehensive operation support ability of urban transportation management service platform, and the platform is open and decoupled, which can be integrated and integrated to realize rapid and flexible deployment; Covering a complete product system including urban operation, urban management and urban services, meeting customers’ arbitrary needs and providing integrated products and services; There are many cases of urban transportation management service, which can ensure the pragmatic landing, rapid delivery and good operation of the project; Participated in the national standard "Evaluation and Acceptance of Urban Operation Management Service Platform", and the urban transportation management service platform built by the company meets the acceptance requirements; It is the first in the industry to develop a large model of urban governance industry, which can quickly empower the urban transportation management service platform to build multi-domain scene applications and comprehensively improve the efficiency of urban governance.

(3)AI community

Community is the "last mile" of urban governance. The national "14th Five-Year Plan for the Construction of Urban and Rural Community Service System" and "Opinions on Further Promoting the Construction of Smart Communities" all propose to improve the intelligent level of community governance and services. Nanwei "AI Community" takes the modernization of community governance as the goal, the streets and towns as the main customers, AI as the main means, and the closed-loop governance of community events as the core, and builds a "1+4+N" application system, including 1 platform: "AI community scene running platform" +4 applications: "AI intelligent identification management system, AI community event self-closed-loop system, AI community decision analysis map, AI community mobile. Based on the front-end video equipment and relying on the AI intelligent computing box, we can find the abnormal events in the community in time and deal with them efficiently, so as to realize community governance, co-construction and sharing. At present, AI community has been applied in Beijing, Guiyang, Quanzhou and other places, including Beijing Heyi Street Community Governance Project, Guiyang Century City Street Community Governance Project, Quanzhou Beifeng Street Community Governance Project and many other cases.

(4) "Deep Sea" industry model

The "deep sea" industry model is an industry expert in the field of urban governance, focusing on industry data, user value and scene landing in the field of urban governance, and is committed to solving the pain points of urban governance industry scenes such as unified management of one network, urban transportation management service, 12345, grassroots governance, and public opinion, and creating a new paradigm of urban governance with large models.

As the first manufacturer in the industry to develop a large model of urban governance industry, the company has more than 30 large model scene applications including intelligent events, intelligent analysis, intelligent reports, intelligent cockpit, etc., empowering with large models to make urban governance smarter, more efficient and more accurate. The company has been deeply involved in the digital government industry for more than 20 years, collecting and processing more than 100PB of urban governance data every year, with high-quality industry data aggregation and rich industry knowledge base accumulation, and depositing rich knowledge of urban governance industry. Based on the support of massive industry data, the application scenarios of large models can be pragmatically implemented. The company has a full life-cycle one-stop large-scale model application platform to support model training, which fully empowers the innovation of urban governance scenarios. At present, it has sorted out more than 3,000 data in 7 major fields.

In March 2024, the company was invited to "Huawei China Partner Conference 2024" to jointly release the first batch of application scenarios of the "deep sea" industry model, jointly build a comprehensive and efficient end-to-end solution, jointly build an urban agent and accelerate the intelligent development of the city. In May, 2024, at the 7th Digital China Construction Achievements Exhibition, the company released the latest achievement of Nanwei’s "Deep Sea" Industry Model Empowering One Network to Manage and Promote the Modernization of Urban Governance around artificial intelligence and data elements, which fully demonstrated Nanwei’s profound technical strength and outstanding contribution in the field of digital China construction.

At present, Nanwei’s "deep sea" industry model has been applied in Fujian, Guangdong, Guizhou, Sichuan, Henan and other places, and achieved good application results. The "Deep-sea" urban governance industry model is committed to innovating new urban governance models based on the big model for all localities, making the city run more orderly, manage more efficiently and serve more accurately!

(5) City Pass (unified service entrance of the city)

CityCom is a mobile service platform that provides comprehensive urban services. By using new technologies such as cloud computing, big data, artificial intelligence and blockchain, it integrates government services, public security, transportation, medical care, education, community and people’s livelihood, and realizes business services, government services, data services, license services, payment services and convenience services with one BIG APP, so that citizens can enjoy government services and urban functional services like "online shopping". Up to now, CityCom has been established in iXiamen, Deyang Citizen Connect, Palm Nanping, Nanyang Comprehensive Service Portal, Tairong E, Qingdao Yimatong City, Hanghaoban, Gansu Jinchang "Nickel Capital Jinchang", Quanzhou Fengze District "I Fengze District" project, Zhangzhou Development Zone Administrative Service Center CityCom Project, Smart Shishi Big Data Control Platform (Smart Shishi APP), Zhengzhou Airport Experimental Zone Government Service APP, and Qingdao West Coast.

During the reporting period, the company won the award of "HarmonyOS Development Service Provider" for its leading development capability and industry technology in the field of urban governance, and became an ecological partner of HarmonyOS. In addition, the company has continuously invested resources in R&D personnel training, and ten people have successfully passed the examination of senior development certified engineers to better meet the needs of the market and users. At the same time, the company won the title of "HarmonyOS Pioneer" at the Huawei Developers Conference 2024(HDC2024). During the reporting period, the "Palm Nanping" APP created by the company took the lead in completing the full version development of HarmonyOS native applications in the industry and became one of the first batch of HarmonyOS native applications developed by the government and people’s livelihood industry. In addition, the company participated in the compilation of the Guide to Public Information Terminal Services in Smart Cities, and formulated the basic principles, classification and functions of public information services in smart city scenarios, which are suitable for guiding the planning, design, construction and operation and maintenance of public information terminal services in smart city scenarios.

(6) Operation platform of urban parking data elements

Relying on the "100-billion-city strategy", the company operates parking businesses in more than a dozen cities, such as Quanzhou, Zhangzhou, Ji ‘an, Deyang, Neijiang, Quangang and Taicang, and has precipitated massive parking data resources such as people, cars, yards and platforms, and built an urban parking data element operation platform with data element operating system+parking data operation support system as the core. Through the unified transaction portal of parking data elements, data products and services such as data sets, API, model algorithms and data reports are provided, so as to realize the closed-loop operation of parking data from supply, circulation to use, ensure that data resource providers can be assured of "supply", make data element managers know how to "govern" and empower data value to "realize".

The company is a participant in the national standard of Smart Parking in Smart City Part 1: General Requirements, Smart Parking in Smart City Part 2: Data Requirements and Smart Parking in Smart City Part 3: Platform Technical Requirements. During the reporting period, at the Digital China Summit held in May, 2024, the company won the national prize of "2024 Digital China Innovation Competition Data Elements× Track" for its innovative application of urban parking data elements operating platform. The real-time parking vacancy data products and parking statistical analysis data products built by Quanzhou Quangang Smart Parking Co., Ltd., which were invested, constructed and operated by the company, were officially listed on the Guangzhou Data Exchange in early 2024, and obtained the data asset registration certificate of Guangdong Province.

(7) Social operation services

During the reporting period, the company focused on the core scenarios such as "one network unified management operation, urban service entrance operation, community operation and parking data element operation", established an integrated development of social service operation ecology, formed a "platform+ecology" operation model, and empowered the modernization of grassroots social governance. Connect the city, the public, the industry and the economy through digital operation, empower the city, reduce the operating cost of the city, improve the operating efficiency of the city, and realize the landing of smart cities.

Aiming at the operation of "unified management by one network", the company combed and analyzed the development background and trend of "unified management by one network" around its objectives and task requirements. On this basis, the overall framework of "unified management by one network" was put forward, and the corresponding planning, specific operation content, typical scenario operation and operation tool platform were put forward.

In view of the operation of urban service entrance, the company has built a highly shared and integrated service platform through the integration of government services and services for the convenience and benefit of enterprises, realized the "handheld, immediate and online" government services, promoted the modernization of urban governance system and service system, broke through barriers between industries and departments, established a unified and open urban service window and service platform, and built a new general platform for smart cities, making it as simple as "online shopping" for citizens to find government services.

For the operation of smart communities, the company relies on the AI community and grassroots governance platform to solve community public problems, create a "happy home" community for consultation and co-governance, promote the benign interaction between government governance, social regulation and residents’ autonomy, and create a good atmosphere for social services.

For the operation of parking data elements, the company creates urban parking management data element products, industrial service data element products and commercial marketing data element products based on massive parking data, and creates rich data application scenarios to empower parking services for government units, parking operation companies, industry-related enterprises, car owners and users. Facing government units, optimizing urban static traffic; Optimize the parking management structure for parking operation companies; Facing industry-related enterprises, extending industrial chain and expanding value-added services.

During the reporting period, the company, as the deputy head unit of the Smart City Operation Special Group of the National Signaling Committee, officially published the standard document of "One Network Unified Management" Operation Research Report of Smart City, and the national standard revision project of the Information Technology Operation Guide of Smart City passed the examination, and the general functional requirements of the Smart City Operation Management Platform was formally established. Relying on many years of experience in social operation services, the company will make technology development more closely integrated with operation scenarios, create more industry benchmark cases, and help the high-quality development of smart cities and digital governments in China through standardized means.

(8) Wisdom and environmental protection

The environmental protection and water conservancy industry focuses on the aggregation, integration and application of the sensing data of water-related objects, builds the core competitiveness of artificial intelligence and data elements around "environmental objects" and "water conservancy objects", and builds a big pattern of protection and governance from the top of the mountain to the ocean.

The company has full-stack independent intellectual property rights such as hardware equipment, intelligent terminals, platform software and application systems. A number of products, such as water conservancy one-bar communication, telemetry terminal, and smart reservoir management system, were shortlisted in the Catalogue of Key Procurement of Bidding Products of National Water Conservancy System, and the smart reservoir management system was selected in the Catalogue of Guiding the Promotion of Advanced and Practical Technologies of Water Conservancy in 2024.

During the reporting period, the company deeply implemented the strategy of product transformation. 80% of the income of the environmental protection and water conservancy industry came from the management of small and medium-sized reservoirs, and 20% came from environmental protection and innovation businesses such as GtoB. Among them, the cases of small and medium-sized reservoirs are all over Fujian, Hunan, Chongqing, Ningxia and other provinces and cities, and the environmental innovation business such as GtoB is extended to Inner Mongolia, Guangdong and other provinces. It has landed projects such as the monitoring of rainwater conditions and dam safety of small reservoirs in Jianghua Yao Autonomous County, Yongzhou City, Hunan Province, the matrix construction of reservoirs in Ningxia Hui Autonomous Region, the software platform for monitoring water conditions and water safety, and the environmental protection innovation services such as the algorithm service of marine garbage supervision platform of Fangchenggang Branch of China Tower Co., Ltd. in 2024, and the AI intelligent identification service of state-controlled point fog gun video.

4. Smart industry

(1)AIoT Zhilian Network Industry

The company uses AI vision, big model and other technologies to deeply integrate with the Internet of Things technology to create an AIoT integrated solution, which integrates and innovates advantageous businesses such as urban governance, discerning engineering, smart emergency, and smart parks. The access layer can flexibly connect video acquisition equipment such as cameras, sensors and drones in various business scenarios, and the capability layer has created a series of professional scene algorithm models and various middleware. The platform layer supports business display, analysis and closed-loop disposal according to business needs.

During the reporting period, the company has built projects such as Hui ‘an Smart City, Quanzhou City Safety, Nanping Smart Emergency, Beijing Heyi AI Community, etc., which provided innovative means of technology and application for the owners and improved the management and operation and maintenance effectiveness of the projects.

(2) Safety production industry

Aiming at the factory safety production scene, the company deeply integrates the edge intelligent calculation box of safety production with the Internet of Things gateway, and builds a safety production intelligent supervision platform that combines AI visual safety monitoring with the Internet of Things perception system and integrates the cloud side. Based on the safety production convergence gateway, the artificial intelligence edge computing and the Internet of Things are combined to build a global perception base, focusing on the business scenarios of industrial parks represented by smart factories, precipitating data elements, mining data values, and providing data element support for superior regulatory units. In the future, a large industry model will be gradually built around vertical industrial data of industrial production.

During the reporting period, the company cooperated deeply with Hunan Valin Factory in the field of production safety. At present, 300,000 production safety alarm events have been discovered and pushed, which successfully prevented and reduced mechanical injuries by 95% and fire hazards by 99%, and improved production stability efficiency by more than 90%.

(3) Information security industry

In terms of video security, based on domestic chips, the company built a video security monitoring solution of GB35114 around the requirements of GB/T25724-2017, GB35114-2017 and other national standards. Under the video security architecture with the state secret system as the core, the company helped users to solve the problems of collection, transmission, storage, application and implementation and deployment of views through a complete video security monitoring solution of GB35114.

报告期内,公司自研了多款不同型号的视频安全加固网关,作为安全前置网关设备可对传统网络摄像机进行改造升级,H.265/H.264的前端摄像机可通过GB/T.28181、ONVIF、RTSP协议接入网关,能实现将H.265/H.264视频码流转换到SVAC2.0视频码流,并满足GB35114C级要求,保障视频数据安全性、完整性和真实性,防窃取、防篡改。

(4)执法智能装备产业

2023年8月国务院办公厅发布《提升行政执法质量三年行动计划(2023—2025年)》,其中明确指出“健全行政执法和行政执法监督科技保障体系”的工作要求,科技武装行政执法提升到了国家战略高度。公司基于一体化行政执法平台的先发优势,纵向延伸至执法智能装备业务,与业内头部原厂厂商合作,进行设备的协议对接与适配,目前已成功引入执法便携打印机、执法终端、执法记录仪、采集站等13款产品,并已成功上架福建省政府采购网上超市,填补公司在执法智能装备产品上的空白,未来可与执法大融合平台,形成软硬件一体化解决方案,全面满足执法部门的工作开展与效率提升。

(3) Business model

The company is a leading enterprise in artificial intelligence and data services, and is committed to promoting the innovation and development of global digital government, public safety, social governance and smart industry. In terms of business, the company mainly adopts direct sales+channel cooperation+ecological cooperation to carry out external sales. In direct sales, the company directly participates in project bidding, sells products and services to customers, and provides customers with product secondary development services and related software and hardware integration services; In channel cooperation, products are sold to integrators and agents, and products are applied to customer projects in an integrated way to serve customers; The company’s products continue to provide services to customers in the mode of SaaS service operation, and collect service fees in two ways: annual and monthly. Through the ToG platform and government policies, the company focuses on the needs of the government and enterprises, and takes the business model of SaaS digital services, data services, content services, AI services and other B/G-oriented subscriptions as the path to promote enterprises’ sustainable purchase of services and realize rapid growth of new businesses. At the same time, the company attaches importance to cooperation with eco-partners, and achieves common development through complementary resources, technical cooperation and joint market development. The company has carried out in-depth cooperation with head enterprises such as Huawei and Ali, which has enhanced the company’s market development ability, and the proportion of orders from eco-partners has increased year by year.

Second, the discussion and analysis of the business situation

The company is a leading enterprise in artificial intelligence and data services, and is committed to promoting the innovation and development of global digital government, public safety, social governance and smart industry. During the reporting period, the company achieved 812 million yuan in newly signed contracts and 671 million yuan in newly won projects. In recent years, the budget of the company’s major customers has been tightened, and the project approval cycle has been extended. At the same time, the delivery and acceptance of some major projects have been postponed due to factors such as customer reasons or policy adjustments. In addition, during the reporting period, the company increased R&D investment in the field of artificial intelligence, and the R&D expenses continued to increase, resulting in a significant decline in profits in the first half of 2024 compared with the same period last year. During the reporting period, the company paid close attention to the relevant policies issued by the State Council and relevant national ministries and commissions on clearing the accounts owed to private enterprises, and intensified the collection of payments. In the first half of the year, the total amount of project payments reached 751 million yuan, an increase of 66.62% over the same period of last year, and the company’s operating cash flow was significantly optimized compared with the same period of last year.

During the reporting period, key tasks completed

(1) Continue to focus on the main products, fully embrace artificial intelligence technology, and seize the development opportunities of the industry.

During the reporting period, the company closely followed the national strategy, continued to consolidate the digital government business, focused on the development of digital government, public safety, social governance and other main businesses through continuous tempering of core competencies, innovated technical product scene operation services, developed smart industries, served the digital transformation of the government, and helped modernize the national governance system and governance capacity. The company embraced artificial intelligence technology in an all-round way, pioneered the application of big model in digital government, and promoted the government’s digital intelligence to leap forward. It jointly released the "Bai Ze" government model with Tsinghua University, and built a standard system for related big models, which promoted the application of a number of government big models such as government services, political and legal services, enterprise services and law enforcement services. Committed to building the "data +AI" government’s digital intelligence support capacity, integrating the artificial intelligence model, data elements, innovation and other system architectures, and constantly promoting business innovations represented by "one network running", "one network unified management" and "one network collaboration", empowering the modernization of government governance and helping to develop the full-cycle management and operation system of digital government. Provide professional digital products and solutions for government units, enterprises and institutions. The product application and project construction cases cover most provinces in China, helping many governments in Zhejiang, Jiangsu, Henan, Fujian and other places to successfully explore and promote new service management models such as "one network to run", "one network to manage", "one network to cooperate", "one code to connect the city" and "one screen to view", and promote the effective improvement of integrated government service capabilities.

In the field of digital government, taking the self-developed model of government service "Bai Ze Asking for Government Affairs" as the core, comprehensively combing the core elements of government affairs and realizing digitalization, and constructing a unified and standardized knowledge map of government services. Relying on the government blockchain platform and the big data platform in the sky, focusing on the research and development of product lines such as government service integration platform, code-based platform, urban service platform, AI enterprise service platform, license cloud platform, six-electricity integration platform, integrated collaborative office platform and conference cloud platform, following the reform requirements of "one industry, one license" and "one thing at a time", and driven by business scenarios, we have created a number of scene-level products of government service.

In the field of public safety, relying on independent research and development capabilities, products such as social security prevention and control platform, intelligent perception (video) big data platform, digital intelligence police station, integrated platform for coastal defense, all-in-one traffic violation analysis machine, and smart ocean platform have been formed. According to the guidelines for the construction of social security prevention and control system of the Ministry of Public Security and the evaluation requirements for the establishment of national demonstration cities, the "1+9+N" security prevention and control system solution is built around circle inspection and control, unit prevention and control, and factor control. That is, a situational awareness platform, nine actual combat business modules and n scenario applications will create a public security prevention and control system that is connected from top to bottom and horizontally, and strive to solve the problem of fragmentation and islanding of system construction, and comprehensively improve the ability to control complex public security situations and social security governance. The company has successively undertaken the construction of social security prevention and control systems in Quanzhou, Jinan, Fuzhou and other places, and the cities where the projects are located have won the first batch of national demonstration cities for the construction of social security prevention and control systems. The company will closely follow the public security big data strategy, fully refine and summarize the experience and achievements in the construction of public security prevention and control systems in Quanzhou, Jinan and Fuzhou, continuously optimize and upgrade products and services, and work with public security organs to create a "benchmark sample" for three-dimensional and diversified public security prevention and control, thus boosting the construction of a higher-level public security prevention and control system.

In the field of social governance, it has urban brain operation platform, transportation management service platform, comprehensive supervision platform, integrated digital law enforcement platform, multi-network integration social governance platform, etc., focusing on the iteration of core products in one network, innovating to build a scene operation center, focusing on "efficiently handling one thing", taking "one center, one mechanism and one platform" as the core, aiming at promoting the modernization of urban governance system and governance capacity, and focusing on urban management, social governance and public affairs that the party Committee and government are concerned about. Focus on core scenarios such as "community operation, park operation, urban resource operation and data element operation", establish an integrated development of social service operation ecology, form a "platform+ecology" operation model, and empower the modernization of grassroots social governance.

During the reporting period, the company’s "deep-sea" industry model is committed to serving all localities to innovate a new model of urban governance based on the big model, and will combine the valuable industry experience accumulated over the years to continuously enhance the cutting-edge technical capabilities, go deep into the periphery of cities, promote the "intelligent" and digital construction of cities, and improve quality and efficiency for the construction of new smart cities. The "deep sea" industry model has been applied in Fujian, Guizhou, Henan, Guangdong and other provinces and cities, and achieved good application results.

During the reporting period, the company first released AI community products for all street offices. Taking "promoting the modernization of community governance" as the goal, through the main means of AI, focusing on quickly building community scenes and realizing closed-loop governance, we will create AI community products with Nanwei characteristics and build an application system of "1+4+N", namely "1 Center: AI community scene capability center"+"4 applications: AI intelligent identification management system, AI community event self-closed-loop system, AI community decision analysis map, and so on. Based on the front-end video equipment, relying on Nanwei Honghu AI intelligent computing box, we can quickly build community event business scenarios through AI community products, find abnormal events in the community in time, and deal with them efficiently, so as to realize community governance, co-construction and sharing. The company’s "AI Community" has been applied in communities all over the country, such as Heyi Street Community in Beijing, Century City Street Community in Guizhou and Beifeng Street Community in Quanzhou, and achieved good operation results.

The company is committed to the construction, operation and promotion of smart parking, aiming at city and county urban management bureaus, urban construction investment companies, traffic police and other departments, and creating a smart parking platform integrating "parking record supervision, resource aggregation control, big data fusion analysis, city-wide on-off service, and parking decision-making and scheduling" to comprehensively improve the comprehensive parking management ability of the city. At the beginning of 2024, the innovative Quangang parking statistical analysis data element products and parking real-time vacancy data element products were officially listed on the Guangzhou Data Exchange, marking the company’s new step in exploring the compliance registration and trading of data products and releasing the value of traffic industry data.

(2) Breakthrough key core technologies, accelerate the transformation of innovation achievements, and help accelerate the development of the industry.

During the reporting period, the company focused on the construction of digital government, public safety and social operation, constantly improved and laid out core technologies and products, continuously increased investment in R&D, continuously enhanced its R&D strength and achieved fruitful innovation. In the first half of 2024, the company’s R&D investment was 75.2 million yuan, accounting for 33.2% of the operating income.

Guided by the development trend of the industry and the actual needs of customers, the company focuses on major key technological breakthroughs such as artificial intelligence big model and data element operating system, integrates external high-end scientific research and technical resources, and develops a series of products such as data element big data platform, AI platform based on big model engine and industry application big model, and new digital government base, etc. During the reporting period, the base of domain knowledge big model was built, and the technical capabilities of company model data enhancement, prompt engineering, fine-tuning, automatic evaluation and AI hub construction were formed, and a series of products of Bai Ze AI big model were created and released. The research and development of privacy computing framework based on security classification will precipitate the technical capabilities of privacy computing such as security statistical analysis, privacy collection intersection and privacy information retrieval of Nanwei, create a series of operating system products for publishing data elements, and form a data resource, factor and product management module; Research and develop a data security governance system that is knowable, visible, controllable and traceable; Focusing on the application factory, capacity workshop and application integration, a basic closed loop of application management of the new base of digital government is formed, and at the same time, the basic capacity components are continuously upgraded, the core competitiveness of components is enhanced, and the base capacity of digital government is consolidated.

During the reporting period, the company rapidly promoted the research and development of large-scale models in the industry, and obtained the 4+ certificate of China ICT Institute for Trusted AI Large-scale Model Intelligent Dialogue, becoming the first enterprise in China to pass the evaluation and obtain the highest rating at present. At present, the artificial intelligence industry continues to usher in a more favorable industrial development environment. The company will continue to deepen the R&D and application of artificial intelligence and data element technology, accelerate the transformation of productization, service and operation, realize the comprehensive transformation of the company from integration to integration, from engineering+to product service+,and from delivery to subscription, increase the revenue proportion of self-developed software products, services and operations, improve the revenue structure and promote the company’s high-quality development.

During the reporting period, the trusted circulation of data elements, jointly compiled by the company and Tsinghua University, comprehensively and systematically introduced the trusted circulation technology, data circulation institutions, trusted data circulation modes and governance schemes to promote the trusted circulation of data based on the "TIME" analysis framework. Taking the company’s first data element operating system and parking data element operating system as cases, it introduced the practical experience of the trusted circulation mechanism of data, aiming at providing information for data element market participants, digital economy practitioners and data.

(III) Deepen the reform of digital operation, constantly improve the market-oriented operation mechanism, and stimulate the development vitality of the company.

Focusing on the national "14th Five-Year Plan" and the company’s "14th Five-Year Plan" strategic plan, the company has steadily and deeply promoted the reform of digital operation, constantly improved the market-oriented operation mechanism, comprehensively enhanced the development momentum, vitality and creativity, and promoted enterprises to become stronger, better and bigger; Improve the management level in an all-round way and strive to become the leading digital economy service provider in China.

During the reporting period, while focusing on business and products, the company further strengthened overall management of operations and deepened digital transformation and business process combing. Through the system of "big economic management and big operation", the end-to-end whole process from business opportunity to payment collection is connected, and the business operation efficiency and project synergy are improved. Establish a monthly battle map, take the comprehensive budget as the starting point, take the operation dashboard as the tool, implement the operation index release, process monitoring and early warning, result assessment and incentive application, and improve the company’s management ability and corresponding efficiency indicators.

During the reporting period, the company took the strategy as the guide, improved the organizational system, continuously optimized the organizational structure, focused on the adjustment of regional organizations, and took provincial-level first-line units as the main body of business responsibility to promote key provinces to "take root and focus on development". Consolidate the construction of regional capacity system, strengthen the market layout, constantly improve the mechanisms of "one product, one policy" and "one province, one policy", and clarify the development orientation and regional market planning; Strengthen the "iron triangle" ability of the project, open up the end-to-end business processes of sales, pre-sales and delivery, continuously improve the overall cooperative combat ability of the "iron triangle" team, continuously optimize the efficiency of business opportunity transformation, improve the efficiency of project management, shorten the project delivery cycle, speed up the acceptance of existing projects, and ensure the smooth delivery and payment of project plans.

The company strengthens brand marketing, integrates resources such as ecology, pre-sales and procurement, continuously strengthens ecological construction, cooperates with ecological partners such as Huawei, Alibaba Cloud, Huasan, Dahua, etc., and works with ecological partners to deepen the industry, speed up the response to front-line business and enhance service content, form a sense of mutual cooperation, empowerment and integration, realize multilateral win-win situation, and comprehensively enhance the company’s service value and market competitiveness.

(IV) Continue to promote the two-way integration of party building work and corporate culture construction, and resonate with the same frequency to boost the company’s high-quality development.

As the first Internet-listed company in China to write Party building into its articles of association, the company always adheres to the guidance of Party building, promotes "strong development" by "strengthening Party building", explores the establishment of a "four-dimensional integration" mechanism, and issues a "red engine strategy" to integrate Party building into the whole process of corporate governance of non-public enterprises and lead enterprises to achieve high-quality leap-forward development. The company makes use of the technological advantages and product advantages of Internet enterprises, and adopts various forms to enhance the appeal and effectiveness of party member education. At the same time, focus on the role, continuously enhance the political and organizational functions of the Party organizations of the Group, promote the Party building work of Internet enterprises to open up a new situation and reach a new level, strive to strive for Excellence in the country, and make new and greater contributions to the construction of a strong network and digital Fujian!

(V) Strengthen the construction of management team and continuously improve the management and control ability with improving the management and control ability as the core.

The company continues to unite the strength of core personnel through cadre management training, create a positive and enterprising working atmosphere, build a high-quality, professional cadre talent team, and enhance management and control capabilities. Continue to deepen the personnel training mechanism, optimize salary and assessment management, strengthen the systematic construction of human resources management and control in the company, optimize personnel institutions, establish and improve the company’s position level and salary adjustment system, strengthen target management, continuously improve the execution of employees, enhance the innovation and competitiveness of enterprises, and help the company’s long-term development strategy through a series of changes and organizational upgrading to achieve high-quality development of enterprises.

Major changes in the company’s operation during the reporting period, as well as matters that have a significant impact on the company’s operation during the reporting period and are expected to have a significant impact in the future.

(I) Progress of Tsinghua Nanwei Joint Research Center

Tsinghua Nanwei Joint Research Center focuses on the industry model, key technologies of data elements and application research, and completes the transformation and landing of technical achievements with the demand of the scene as the traction.

1. Research on Industry Large Model Technology and Its Application

Complete the base construction of domain knowledge big model, precipitate and form the technical capabilities of company model data enhancement, prompt engineering, fine-tuning, automatic evaluation, AI hub construction, etc., and create and release Bai Ze AI big model series products, which have landed in many provinces and cities across the country and achieved remarkable results. In the field of enterprise services, Shenzhen Baoan pro-Qing government-enterprise platform has been built, which has improved the intelligent level of government enterprise services; In the field of government services, we will create an integrated management of "one thing for a child to be born" and "one thing for an enterprise to start" in Fujian Province to help the public health service model move towards intelligence; In the field of judicial services, we have created an "intelligent reading system" and widely used it in business scenarios such as "intelligent marking, intelligent documents and intelligent supervision" to assist case handlers to find out the case from simple to deep and run out of the "acceleration" of judicial handling.

2. Research on key technologies and applications of data elements.

Publish and distribute the book "Trusted Circulation of Data Elements" to provide theoretical support for the company to promote the strategic layout of data element market construction; Complete the research and development of privacy computing framework based on security classification, and form the technical capabilities of privacy computing such as security statistical analysis, privacy collection and privacy information retrieval of Nanwei, and create a series of operating system products for publishing data elements. In terms of the application of results, the company promoted the listing of data products in the parking field on the data exchange for the first time, and built a smart parking ecosystem from parking governance to parking operation to parking data element application from top to bottom; Together with Xingtai Big Data Development Center, the case of "A New Model of Digital City Governance Based on" Data Sharing and Exchange Platform "was created, which became the only typical case in Hebei Province that was selected as the national" Data Elements × ".

(II) Progress of artificial intelligence and data service business.

In the government work report in 2024, China first proposed the "artificial intelligence+"action, which marked that the focus of China’s attention on artificial intelligence technology has shifted from the strategic level to the implementation and application. The National Bureau of Data jointly issued the "Three-year Action Plan for Data Elements ×" (2024-2026), which aims to promote economic and social development through the application of data elements, and selected 12 industries and fields such as urban governance, transportation and financial services to promote the multiplier effect of data elements and release the value of data elements. Under the command of "Artificial Intelligence Plus" and "Data Factor X" actions, the company relies on more than 20 years of experience in digital government solutions, and makes every effort to promote the development of "Artificial Intelligence Plus" and "Data Factor X" in industries such as government services, public safety, urban governance, politics and law enforcement supervision, and becomes an explorer, practitioner and empowerment of "Artificial Intelligence Plus" and "Data Factor X".

1. Strengthen the underlying technology base, focus on industry applications, and boost the development of digital economy in the industry.

In 2024, the Government Work Report put forward new requirements for "vigorously promoting the construction of modern industrial system and accelerating the development of new quality productivity". While deepening the innovation and development of digital economy, we should deepen the research and development of big data and artificial intelligence, and carry out the "artificial intelligence+"action to build a digital industrial cluster with international competitiveness. Driven by the digital wave, all industries are experiencing unprecedented changes. Digital transformation has become the only way for the development of the industry, and the key to realize this transformation lies in strengthening the underlying technology base and focusing on industry applications, and taking this as a boosting force to boost the development of the digital economy.

(1) Strengthen the underlying ability of the big model and promote the iteration and application of the big model of government affairs.

On January 16th, 2024, the company released the Bai Ze government affairs model jointly with Tsinghua University, combined with millions of industry dialogue data, relying on the natural language processing ability and the generation ability of the large model, and deeply integrated with the government affairs service scene, so as to realize the instant answering of government affairs service and policy consultation, realize the intelligent question-and-answer service, and combine with the agent application, realize the chat while doing, that is, ask and do, and promote the scene of efficiently doing one thing. At present, Bai Ze government affairs model has customer cases in Shenzhen, Fujian, Beijing and other regions. Bai Ze government affairs model has completed the adaptation of Xinchuang, is compatible with domestic GPU and operating system, and provides an all-in-one solution based on domestic GPU, providing customers with safe, reliable and rapidly deployed industry model services.

Since its release, Bai Ze Industry Model has won numerous awards and won wide recognition from the industry. On March 24th, 2024, "Analysis Report on the Competition Pattern of" Hundred Models Battle "in China in 2024" was released, and the Bai Ze government affairs model was selected as the vertical model map. On April 28th, 2024, China Institute of Information and Communication officially released three standards for agents at the seminar on "Artificial Intelligence+"high-quality development, and the company was selected as the participating unit of "Technical Requirements and Evaluation Methods for Agents Part 1: Platforms and Tools" and "Technical Requirements and Evaluation Methods for Agents Part 2: Technical Capability". On May 22nd, 2024, Bai Ze AI Grand Model won the third prize in the Digital China Innovation Competition and Artificial Intelligence Circuit Finals. On June 21st, 2024, Bai Ze Industry Model passed all the tests of "Intelligent Application Evaluation Method Based on Large Model Part 2: Intelligent Dialogue" organized by China Institute of Information and Communication, and obtained the certificate of 4+ level, becoming the first enterprise in China to pass the evaluation and obtain the highest rating at present.

② Focus on "artificial intelligence+industry" and incubate the application system of artificial intelligence based on industry knowledge.

Combined with its rich practical experience in the digital government industry and the deep-rooted achievements in the field of big data for more than 20 years, the company has built a comprehensive intelligent application system based on the Bai Ze Big Model, covering Bai Ze intelligent labeling platform, knowledge service platform, intelligent application incubation platform (Qiyuan), model deployment and reasoning platform, etc., and built the ability of combing industry data into the end-to-end closed loop of intelligent applications. Realize the collection, governance, labeling and management of industry knowledge such as government service, public safety, justice, urban governance, public security law, etc. Through workflow engine, intelligent dialogue technology and agent model, efficiently build agent applications, and provide artificial intelligence+business scenario solutions for government service, public safety, justice, urban governance and other industries.

"Bai Ze Intelligent Tagging Platform" is based on natural language processing, visual image processing and other technologies, combined with corpora and knowledge bases in the fields of government services, public safety, justice, urban governance, public security law, etc., and can intelligently pre-tag data through computer algorithms, which improves the efficiency of data tagging, and can tag and process professional data in different scenarios such as government services, public safety, justice, urban governance, etc., thus providing accurate corpus support for the training of industry models. At the same time, the annotation platform uses the https protocol to transmit the completed data safely, which has high security and ensures data security.

The "Knowledge Service Platform" aims at the application scenarios in the application research and development of government services, public safety, justice, urban governance and other industries, and combines the experience of the company in the fields of government services and government measures, and uses key technologies such as intelligent search, tag portrait and knowledge map to form a set of industry knowledge applications that run through intelligent search, tag portrait and knowledge map. Through the knowledge service platform, users can realize the unified search and management of data and improve the efficiency of knowledge query and utilization; The knowledge and experience of experts can be structured, solidified and passed on to others. This can not only avoid the knowledge gap caused by the departure of experts, but also help new employees to master industry knowledge and skills more quickly and obtain valuable data quickly, which can provide () for business change and innovation.

"Agent Incubation Platform (Qiyuan)" is a generative artificial intelligence model application service platform, which provides exclusive agent application and customized model application solutions for government services, public safety, justice, urban governance and other industries based on the Bai Ze industry model base, and has diversified agent application construction capabilities, including the capabilities from agent construction to AIWorkflow arrangement, RAG retrieval and model management. Agent Incubation Platform (Qiyuan) can quickly build a generative agent application driven by a large language model, allowing agent application developers to build agent applications with industry characteristics in combination with actual business scenarios, thus improving the generation efficiency of agent applications. At the same time, it provides preset agent applications for various basic scenes, such as intelligent question and answer, multi-round dialogue, writing assistant, etc. Users can customize and optimize preset agent applications according to actual needs, so that the applications can be more suitable for actual scenes.

The "Model Deployment and Reasoning Platform" adapts to cv, embedding, ASR, TTS and other models for the underlying hardware, turning the large model into an API-accessible service, reducing the deployment threshold and cost of large model products, and helping to quickly realize the upper AI application. The application of the platform improves the government’s ability in social governance and public safety management. Through real-time data analysis and intelligent prediction, the government can make policy formulation and resource allocation more scientifically, improve the modernization level of social governance, and enhance social stability and public satisfaction. In addition, the model deployment and reasoning platform can improve the public service efficiency of government departments. In the field of social welfare, automatic qualification examination and welfare distribution system can speed up service response, reduce labor costs and improve service quality.

③ Multi-scenarios enable digital transformation and lead a new chapter in government intelligent services.

In the field of enterprise services, Bai Ze Big Model is smart in policy, landing on the direct platform of pro-Qing government and enterprise services in Baoan, relying on natural language processing ability and AI engineering engine, deeply integrating cutting-edge technologies such as generative big model and big data, providing users with professional intelligent customer service through the knowledge management platform and based on Bai Ze Big Model, and accurately identifying users’ intentions through guided questions and answers. At the same time, combined with enterprise service demand and business data, it provides enterprises with one-stop service of inquiry, application, handling and inquiry, realizes second-level response and intelligent handling of government service problems, and helps to "do one thing efficiently". In addition, through intelligent analysis and deep learning of corporate portraits, we can identify and predict the demand for government services, make relevant reasoning and recommendations for policies and real needs of enterprises, and achieve services such as accurately identifying corporate needs, predicting and analyzing corporate demands, and recommending the most suitable corporate portraits for enterprises. Online services have been provided for commercial entities within the jurisdiction of Baoan District.

In the field of government services, Fujian Province will be empowered to "do one thing efficiently" and promote the development of government services such as "one thing for a newborn" and "one thing for an enterprise" in a more intelligent and convenient direction with large-scale model agent dialogue service. "One thing about the birth of a newborn" is an AI intelligent customer service designed for parents in Fujian Province based on the big model of Bai Ze industry. Through natural language understanding, task-based multi-round dialogue, user intention recognition and other technologies, combined with the knowledge corpus of handling matters, a series of matters such as birth medical certificate, newborn settlement and social security card handling that need to be handled after the birth of a newborn can be consulted, which improves the convenience and simplicity of people’s work and helps the newborn birth service in Fujian Province to be more intelligent and convenient. "One thing for an enterprise to start a business" is a one-stop policy consultation intelligent service that provides assistance and decision support for starting a business in Fujian Province. It can provide consulting and guidance related to enterprise start-up, help enterprises to quickly understand relevant policies and procedures, and efficiently answer various questions about the policy basis, handling procedures, basic information, handling types, handling guidelines, and joint matters of starting a business, so as to help enterprise users quickly grasp the key information needed for enterprise start-up and improve the efficiency of government and enterprises.

2. Upgrade the iterative data element platform, drive the digital economy, and build the data full link ecology.

On April 1, 2024, the National Data Work Conference was held in Beijing. The meeting clearly pointed out that the National Data Bureau supports all localities and departments to speed up the development and opening up of public data, and promotes the integration process of sharing, opening up and authorized use of public data, which will further clarify the compliance policies and management requirements for authorized operation of public data and stimulate data supply power and market innovation vitality. Following the cutting-edge policies and technologies, the company actively carried out the research and layout of key technologies of data elements, based on Tsinghua Nanwei Joint Research Center, pushed forward difficult problems such as data security, privacy calculation and trusted circulation of data elements, comprehensively upgraded the digital base of digital government, innovated an intelligent production and processing assembly line with full circulation, large calculation, large application and great security of government data elements, and built a whole-process data production and trading platform.

① Full-stack data element operating system: integrating innovative technologies to create a full-process data production and trading platform.

Based on big data, blockchain, privacy computing, artificial intelligence and other technologies, the data element operating system opens the whole process production link of data element registration, production, processing and circulation. The platform framework is composed of the underlying support platform, big data platform, data element platform and data trading platform, and provides functions such as data element registration, data element governance, data property right management, data product processing and data product management for different data element production and application scenarios. Form a full-stack underlying capability support from core technologies such as data standard formulation, data factor production, data valuation and pricing, data product delivery, data security circulation, and market transaction supervision. At present, the data service products independently developed by the company, such as data element operating system, privacy and security computing platform, digital transformation base, "provincial, municipal, district/county data direct access", have landed in many fields, such as government services, public security, supervision, smart cities, etc., and the number of products has exceeded 100, mainly covering Beijing, Shenzhen, Guangdong, Fujian, Henan, Hebei and other provinces and cities, creating data element +AI solutions for digital government construction. Focusing on the convergence of digital resources and AI application, it provides a multi-dimensional service model of consulting+product+delivery+operation, and is committed to improving the scientific, refined, collaborative and efficient data service +AI level of administrative regions at all levels.

② "data sharing and exchange platform" leads a new model of digital city governance: Xingtai case won the model of "data elements ×"

At the 2024 "Data Factor X" Industry Promotion Conference, the case of "New Model of Digital City Governance Based on" Data Sharing and Exchange Platform "jointly created by the company and Xingtai Big Data Development Center became the only typical case in Hebei Province to be selected as the" Data Factor X "by gathering data factor resources, effectively exploring the landing of data resources and building a data circulation trading system. Xingtai data sharing and exchange platform has not only realized the mutual sharing and intercommunication of government information, but also explored many application scenarios such as "data elements× urban governance", "data elements× transportation", "data elements× financial services" and "data elements× smart city". Up to now, 32 data application scenarios have been promoted, including "uncertified" urban construction, joint examination of application qualification for affordable housing, and one-time transfer of water, electricity and heating.

(III) Progress of the Company’s overseas business

In 2024, the company actively expanded overseas business, relying on Huawei and other head enterprise partners to carry out standardized software products to the sea, closely following the national "Belt and Road" strategy, laying out markets in North Africa, Central Asia, the Middle East and Southern Africa, and selling the company’s main products related to digital government, so as to achieve coordinated development and win-win cooperation with partners. On May 22, 2024, the company signed a project contract with Huawei Cloud Computing Technology Co., Ltd., with a total contract amount of 53,687,600 yuan (including tax), accounting for 3.20% of the company’s audited operating income in 2023. The contents of the project mainly include: building a unified platform for Algerian national public services and applications such as mobile APP, electronic license and operation monitoring. By providing a common examination and approval system and business system docking, citizens can gradually declare and handle matters on the unified portal, and can track the progress of handling online and get feedback on completion, so that citizens can obtain transparent and convenient public services. Together with Huawei Cloud, the company will continue to export "China Experience" to overseas markets, promote international versions of core products such as "One Network Management", "One Network Management", "City Communication", data governance and public safety, and give full play to the company’s rich domestic digital transformation and upgrading experience.

Third, risk factors

1. Risk of intensified market competition

The global digital economy is developing continuously and rapidly. The large-scale application of artificial intelligence technology has promoted the growth of the number of global AI enterprises. China’s digital economy market is currently in a period of rapid development. Focusing on data elements, the strategic layout has been strengthened, and a number of laws, policies, plans, etc. have been promulgated. Policies have given birth to new development momentum in the market, and traditional enterprises have continued to deepen their cultivation. At the same time, the rapid growth of the market has also brought more participants to join, market competition has further intensified, and industry involution has intensified. The company has built the core competitiveness of the industry in the digital government business sector. At present, the innovation track is still in the market cultivation period, and it will take some time to build the barrier advantage.

2. Higher risk of accounts receivable

With the growth of the company’s sales scale, the increase of projects under construction and the influence of the objective market environment, the company’s total accounts receivable are also increasing. Although the company did not have a large amount of bad debts during the reporting period, the absolute amount of accounts receivable and its relative proportion in total assets are still high, and it cannot be ruled out that the company’s interests will be damaged due to uncollectible accounts receivable in the future. In view of the above risks, on the one hand, the company will pay more attention to the management of accounts receivable, organize personnel at all levels to refine the management of accounts receivable in a coordinated and efficient manner, classify accounts receivable, organize special classes for the collection of accounts receivable, and make use of favorable national policies to carry out the collection work strategically and pertinently to improve the turnover rate of accounts receivable of the company and ensure the long-term normal operation of operating cash flow; On the other hand, the company further strengthens communication with customers and controls financial risks by means of phased advance payment. At the same time, the company pays attention to establishing long-term cooperative relations with customers, constantly creating value for customers and improving customer satisfaction.

3. Risk that business innovation fails to meet expectations

In order to realize the company’s sustainable and high-quality development, establish core technical barriers and lead the industry trend, the company is increasing investment in product research and development and innovating new business models, transforming and upgrading from a traditional project-based company to a product-based and operational company. In this regard, the company has established a product research and development system with the market as the guide, and enhanced product functions and experiences with the user’s needs as the core. While continuing to undertake large-scale and strategic projects, it has continuously increased the application and promotion of self-developed products in projects, improved the integration and application of artificial intelligence and data elements in various products, and ensured that the company completed its strategic transformation smoothly and orderly.

Iv. analysis of core competitiveness during the reporting period

The company is a leading enterprise in artificial intelligence and data services. It is committed to promoting the innovation and development of global digital government, public safety, social governance and smart industries, and has profound industry knowledge, software and data engineering processes. The company is a widely trusted digital partner of the government, and has built a product and core technology matrix covering three core scenarios of digital government, namely, "one network for office", "one network for unified management" and "one network for collaboration", which has the advantages of mature products and rich application scenarios. The company always adheres to the development concept of "innovation-driven", attaches importance to the agglomeration of advanced innovation elements, takes capital as a bridge, owns nearly 100 wholly-owned, holding and shareholding companies, and extensively builds an industry cooperation ecology, continuously strengthens the underlying capabilities in forward-looking fields such as artificial intelligence, data services, intelligent things and smart chips, and helps the digital transformation of government, society and industry with productization, service and operation capabilities, and creates value for customers with practicality and efficiency.

(1) It has Top Ten qualifications and good industry reputation, and its influence benefits overseas markets.

The company has the top ten qualifications in the industry and is one of the most qualified and comprehensive enterprises in the industry. Including CCRC information security service qualification level (security integration level, security operation and maintenance level, software security development level), classified information system integration level, national building intelligent system design level, national electronic and intelligent engineering professional contracting level, national security engineering enterprise design and construction maintenance level, ITSS operation and maintenance service level, CPMM software project management level, software service provider delivery level, National information system construction and service capability assessment level 4 (the highest level in China), CMMI international capability maturity model for software level 5 (the highest level in the world), and obtained DCMM data management capability maturity level 3, weapons and equipment research and production unit confidentiality qualification, military standard quality management system and other qualifications. During the reporting period, it newly obtained a five-star certificate of performance evaluation system certification. The company is a key software enterprise encouraged by the state, a national high-tech enterprise, a vice-chairman unit of China Software Industry Association, a permanent vice-chairman unit of the National Digital Government Construction Alliance, a leader unit of the national standard formulation of Internet+government service electronic certificates, a vice-chairman unit of the National Electronic Document Management Promotion Alliance, a leader unit of the National Smart City Standardization Special Group, an executive director unit of DAC Global Data Assets Council, a president unit of Fujian Software Industry Association and an executive president unit of Fujian Big Data Industry Chamber of Commerce.

During the reporting period, the company won more than ten honors. Wu Zhixiong, the chairman of the company, was awarded the title of "40-year meritorious figure of China software industry" and was elected as the vice chairman of the eighth Council of China Software Industry Association; The company was awarded the 2023 Outstanding Contribution Unit and the 2023 Outstanding Special Group Award by the Smart City Standards Working Group of the National Information Standards Committee and the China Institute of Electronic Technology Standardization, and was awarded the titles of advanced unit of party building work of Internet enterprises in Fujian Province, well-known brand of security industry in Fujian Province, and leading enterprise of "innovation leading enabling application" in Fujian Province. Its subsidiary Shenzhen Taiji Digital Intelligence Technology Co., Ltd. was selected as one of Shenzhen’s "specialized and innovative small and medium-sized enterprises". During the reporting period, the company made many achievements in the research and development of technology and products in the fields of artificial intelligence and data elements, and was ranked in the list of the top 100 big data in China in 2023 released by the Global Data Assets Council. The company’s Bai Ze government affairs model was selected as a vertical model map in the Analysis Report on the Competition Pattern of "Hundred Models Wars" in China in 2024 released by Yiou think tank, and successfully passed the test in the first round of special evaluation of intelligent dialogue of trusted AI models organized by China ICT Institute, and obtained the highest rating of 4+. In addition, in the 2024 Digital China Innovation Competition held during the 7th Digital China Construction Summit, the company won many awards, among which the Bai Ze Grand Model won the third prize in the national artificial intelligence track, the "urban parking data element operation scheme" won the third prize in the national data element× track, and the company’s industrial data visualization analysis and application platform (Star Cloud Map) won the third prize in the Fuzhou City Competition of Xinchuang Track.During the reporting period, the company was invited to participate in the 7th Digital China Construction Summit, the 2024 Exhibition of Technology and Equipment for Intelligent Construction of Politics and Law, the Huawei Developers Conference, the Baidu AI Cloud Global Ecology Conference and other large-scale industry activities, and comprehensively displayed the company’s cutting-edge technologies and innovations in the fields of digital government, public safety, social governance, smart politics and law, digital ecology and so on, which won unanimous recognition and praise from social and industry experts.

With the top-level qualifications and excellent reputation accumulated in the domestic market for many years, the company has become an important partner of software services, attracting partners led by Huawei to jointly explore overseas markets. During the reporting period, several core products of the company were officially put on the shelves of KooGallery, Huawei’s overseas cloud store, and participated in the construction of Algeria National Data Center project together with Huawei, undertaking the construction of Algeria National Center for Digital Services. The Algeria project marks a key step for the company to enter the global market, benefiting from the industry reputation accumulated by the advantages of the company’s mature products and technologies, demonstrating the company’s comprehensive strength and laying a solid foundation for future international development.

(2) The digital intelligent base is strongly supported, and the core scene products accelerate the intelligent application.

The company is committed to using advanced digital technology to support the modernization of the national governance system, build a "data +AI" digital intelligence base, and integrate the artificial intelligence model, data elements, innovation and other system architectures to help the full-cycle management and operation of the digital government. During the reporting period, with the goal of providing end-to-end data valueization expertise, the company strengthened and upgraded the data element operation platform and basic big data platform, and built a video intelligent analysis platform based on the underlying data capability base, strengthened the integration of public data service platform and AI enterprise service platform, and built an intelligent engine for public data, government data and enterprise service data governance. In terms of artificial intelligence base, the company focuses on the construction of the foundation and practical application ability of the industry model, upgrades and iterates the "Bai Ze" and "Deep Sea" industry models, builds an AI intelligent application incubation platform, Bai Ze Qiyuan, and releases a series of industry agent applications in Bai Ze, including Bai Ze Government Affairs, Bai Ze Policy Smart Service, Bai Ze Wenmo, Bai Ze Zhiyan and Shirazawa Zhicha. The base capability of "Data +AI" provides strong support for the construction of intelligent applications for core scenario products such as "One Network Management", "One Network Unified Management" and "One Network Collaboration".

In the field of "One Network Office", the company, as a leading digital government service and operator in China, focuses on the construction and operation of digital government platforms, products, services and digital government brains, and has an integrated platform for government services, "Code Office" platform, urban service platform, "AI Enterprise Service" platform, license cloud platform and six power integration platforms, which provide strong support for the construction of digital government. During the reporting period, the company focused on upgrading the integrated platform of government services, introduced intelligent applications such as AI government affairs assistant and AI government affairs intelligent approval platform, promoted the normalization of the whole process of online approval and approval without meeting, and fully empowered the innovation of government services such as "doing one thing at a time", "doing it on the code" and "approving without meeting". In addition, the company launched a comprehensive solution for the AI government service hall, centering on the self-developed government service model "Bai Ze asks about politics", realizing the scenes of doing things without asking, fulfilling the contract without being in a hurry, and guiding users, and creating a "24-hour non-closing" self-service mode. The company closely follows the pace of government service reform in the intelligent era, and builds a closed-loop process of "business production data, data training AI, AI-driven business", which provides solid technical support for improving the governance capacity of grassroots governments and promoting the modernization of government services.

In the field of "unified management by one network", the company has formed an integrated product matrix of "cloud network edge" around five major fields, such as urban management, social governance, public safety, ecological environment protection and industrial economy, and has a platform for urban brain operation, transportation management service, comprehensive supervision, integrated digital law enforcement and multi-network integrated social governance. During the reporting period, based on the "deep sea" industry model, the company embedded "data element +AI" into the core scenario of "one network unified management", reshaped the governance process, and innovated the application scenarios such as intelligent reporting, invalid event identification, repeated event identification, intelligent allocation, automatic case closing, analysis report and decision-making command, so as to improve the efficiency of event handling and decision-making support ability. The company launched the "AI Community" product, with more than 100 AI algorithms built in to enhance community governance and abnormal event handling capabilities. During the reporting period, the national standard "Smart Parking in Smart Cities Part 2: Data Requirements" was released. Wu Zhixiong, the chairman of the company, and Xu Chunmei, the vice chairman and president of the company, participated in the formulation of the standard as the main drafters; The company continued to be the deputy head unit of smart city standard work of the National Information Standards Committee, and took the lead in the operation system planning chapter in the "Smart City" Operation Research Report (2024) issued by the National Information Standards Committee. In addition, the new model of digital city governance based on "data sharing and exchange platform" jointly created by the company and Xingtai Big Data Development Center became the only typical case in Hebei Province that was selected for the "Data Elements ×" industry promotion conference in 2024.

In the field of "one network collaboration", based on the digital business construction engine, the deep integration of the applications of party committees, government agencies and CPPCC agencies for civil servants has been realized through three ways: business flow, data flow and knowledge flow, and the government office services with unified mobile and PC terminals and multi-span linkage among departments, levels and regions have been realized. It has an integrated collaborative office platform, a digital intelligence conference cloud platform, a political and legal collaborative case handling platform, and a comprehensive management platform for macroeconomic operation, etc., realizing a platform, an entrance, two-way collaboration, regional penetration, standard service, and cloud-based office, changing "people looking for things" into "things looking for people" and realizing one-stop cooperation in government affairs. During the reporting period, the Fujian integrated collaborative office platform built by the company has nearly 500,000 registered users, and has been connected to more than 70 provincial-level and more than 800 municipal/district/county user units, thus realizing the vertical and horizontal interoperability and seamless collaboration of the provincial office.

Taking artificial intelligence and data elements as the main line, the company reconstructs core products and services, optimizes digital intelligence bases and solutions with the application of digital government core scenarios, and applies mature capabilities to public security, politics and law, ecological environment and other fields to form an efficient and intelligent upgrade path. In terms of public safety, the company focuses on the deep integration of video image intelligent analysis, big data fusion management and police practical application, and focuses on building three core products of coastal defense integration, digital intelligent police station and intelligent analysis machine for traffic violations, and three comprehensive solutions of public security prevention and control system, view big data and smart ocean. AI enhances the ability of accurate early warning, precise prevention and control, precise strike, fine governance and meticulous service. In the field of politics and law, the company takes the business collaboration and information sharing of political and legal units as the core, enhances the digitalization and intelligent analysis of case handling materials such as files, presents cases, strengthens case flow management and work collaboration, and saves a lot of judicial resources. In the field of ecological environment, the company has built a full-stack independent product system from sensing equipment to business application, covering the whole process of intelligent sensing, situation analysis, incident discovery, plan disposal, collaborative command and evaluation, which has been successfully applied to river basin management, water resources allocation, enterprise environmental protection, rural ecological environment, marine ecological environment and other scenarios. The "reservoir intelligent management system" built by Fujian Wanfu Information Technology Co., Ltd., a subsidiary of the company, was selected as the "2024 Key Promotion Guidance Catalogue for Advanced and Practical Technologies of Water Conservancy" by the Ministry of Water Resources, and its "Deyang City Atmospheric Management Information Supervision Platform" was selected as the "Top Ten Cases of Deyang Smart City Construction in 2023".

(C) the data element technology is instrumental and the artificial intelligence model is practical.

The company is committed to becoming a leading enterprise in artificial intelligence and data services with major, key and core technologies, adhering to the principle of practicality and high efficiency, adhering to the combination of independent research and development of underlying technologies and intelligent hardware equipment and ecological cooperation, and escorting the practicality and productivity value realization of artificial intelligence models with instrumental data element technology. The company has continuously accumulated technical wealth around the focus of technical attention, and has won 7 international awards, dozens of domestic awards and over 50 national and provincial and municipal scientific and technological progress awards. Since the beginning of this year, the company has obtained 77 software copyrights and 3 authorized patents, including 2 invention patents, 1 appearance patent and 24 accepted invention patents.

In terms of data elements, the company is committed to solving the problems of "dare not, won’t, and don’t want to" in the circulation of data elements and the unclear path of data value, and transforming many years of government data processing technology and experience into standardized tools and platforms, so that they can be directly deployed and applied to different scenarios and needs. During the reporting period, we continued to base ourselves on Tsinghua Nanwei Joint Research Center, giving full play to its role in theoretical innovation breakthrough, security and privacy calculation, and technical difficulties in trusted circulation of data elements, upgrading the data element operation platform focusing on data security and trusted circulation, and strengthening the core capabilities of basic big data platform such as data integration, governance, calculation, asset management, search, knowledge map and label portrait. Based on the general data ability, the intelligent perception ability is strengthened, and the value transition of video image data from "perception" to "cognition" is promoted by multidimensional fusion algorithm; Build an integrated public data and enterprise service data governance capability, and build an AI+ data intelligent governance engine to provide customers with the value penetration capability from data governance to business application to data operation. In the future, the company will further focus on the industry and business attributes of data, and strengthen the data-specific capabilities as independent tools, including data aggregation, filtering, labeling, confirmation, evaluation and trading. In addition, the company actively explores data operation, and the innovative parking real-time vacancy data element products and Quangang parking statistical analysis data element products have been officially listed on the Guangzhou Data Exchange, and successfully obtained the Guangdong data asset registration certificate, which will expand the application scope for government services and enterprise services, and create more listed transaction data products.

In terms of artificial intelligence, the company fully embraces the big model technology, continuously optimizes the model performance and parameters, and focuses on transforming the general generalization ability into practical and efficient business-specific intelligence. The company, in conjunction with the Bai Ze government affairs model released by Tsinghua University, has adapted domestic AI chips such as Muxi, Shengteng and Haiguang, which support the deployment on self-developed domestic all-in-one machines to enhance data security, and has customer cases in Shenzhen, Fujian, Beijing and other regions. In addition, the company actively participated in the formulation of industry standards, followed the cutting-edge technical direction and requirements, and selectively entered the field of upstream computing power and smart chips to enhance the ability of software and hardware collaborative optimization. During the reporting period, the company participated in the preparation of two agent standards, namely, Technical Requirements and Evaluation Methods for Agents Part 1: Platforms and Tools and Technical Requirements and Evaluation Methods for Agents Part 2: Technical Capability, which were led by China Institute of Information and Communication, and were approved for the construction of Beijing 2300P Computing Center. In terms of intelligent chips, on the basis of 28 urban management algorithms and 6 safe production algorithms, self-developed products such as Honghu urban management intelligent computer (which has completed mutual compatibility authentication with Huawei and obtained certificates) and Honghu safe production intelligent computer box are deployed, and a digital capability base of AIoT industry is built by combining various innovative sensors, Internet of Things and other intelligent devices.

(D) innovative combination of business models, building a multi-level growth point

Under the guidance of the transformation idea of "from integration to integration, from engineering+to product service+,from delivery to subscription", the company’s productization transformation has achieved rich results, and a diversified product matrix with core independent intellectual property rights has been built, which provides basic conditions for the company to build a diversified business model based on different project opportunities, diversify income sources and spread risks. Guided by the growth of scale and profit, the company emancipates its mind, innovates its business and business model, makes full use of the advantages of ecological partners, and flexibly configures the strategies of productization, service and operation.

In terms of productization, give full play to the advantages of the company’s extensive participation in the multi-scenario application construction of the national digital government, identify the common needs and business pain points of customers, and transform them into mature functional requirements. With the mature products in the fields of public safety, politics and law, environmental protection as the core, the project requirements are integrated into standard functional modules to support rapid delivery and reproducible applications. The industry experience and profound insight accumulated by the company for more than 20 years endow the core products with high compatibility, which can be seamlessly integrated into different government affairs systems to ensure the efficient operation of products in various government affairs scenarios and meet the diversified needs of governments at all levels. Mature products have been tested by the market and optimized repeatedly, reflecting the best practices of the industry, and can provide cost-effective choices for the deterministic and basic digital needs of local governments.

In terms of service, the company has been operating products and services in the SaaS service subscription mode for a long time. The company took the lead in implementing the product service subscription mode in the scenario of "cloud collaborative office" and "cloud conference" in the digital government, which verified the feasibility and market acceptance of the SaaS business model in the digital government field, accumulated the technical support, operation and maintenance capabilities different from the traditional software product sales model, and provided a foundation for the expansion of the service business model to other fields. During the reporting period, the "integrated administrative law enforcement platform" built by the company adopted the SaaS service mode, with users covering more than 4,000 administrative law enforcement agencies and about 100,000 administrative law enforcement personnel in Fujian Province, and the business volume reached millions. In the future, the company will further explore the functional scenarios of mature products suitable for service subscription, and reduce the threshold for customer adoption with lightweight SaaS products to meet diversified needs.

In terms of operation, the company fully recognizes the tools and platform attributes of the government information system. On the one hand, it aims at providing the ultimate business value, and participates more in post-construction maintenance, operation and value-added services, so as to improve the efficiency of government services and reduce the operating costs of the government. On the other hand, for the data resources, linked user groups and other resources accumulated by the platform, the operation and value mining will bring many economic and social benefits. Taking the data assets deposited on the platform as an example, the company operates Quanzhou Quangang parking data, provides real-time vacancy data query navigation and regional economic analysis for citizens, and forms data products to be officially listed on the Guangzhou Data Exchange to explore the market-oriented operation of public data assets. At the same time, the company will dig deep into the platform data and resources, and explore the Internet platform operation of cultural tourism resources, public health care and other resources.

In terms of eco-cooperation, the company attaches importance to the complementary advantages of industry eco-partners in technology and commerce, develops new business and shares commercial interests through the partner network, and always maintains close cooperation with the upstream and downstream partners of the industrial chain represented by academic and scientific research institutions headed by Tsinghua University, Huawei, Baidu, Alibaba and local big data group, etc., to upgrade existing products, explore new businesses and models, and promote the digital and intelligent upgrading of government services, public safety, social governance and smart industries. During the reporting period, the company further promoted the technical and ecological cooperation with Huawei. With its profound technical strength and development ability, it won the honorary titles of "HarmonyOS Development Service Provider" and "HarmonyOS Pioneer" in early 2024, and became an important ecological partner of HarmonyOS. The "Deep Sea" large model developed by the company won the "Best Solution Cooperation Award" from Huawei, and more than 10 solutions of the company passed Huawei technical certification. Adhering to the concept of openness, efficiency and innovation, the company deepened the degree and intensity of cooperation, jointly initiated the establishment of "Urban AI+ New Productivity Innovation Industry Alliance" with Huawei and other partners, and jointly released products such as "Large Model AI Intelligent Guidance Approval" and "Digital Intelligence County Joint Solution" with Huawei. During the reporting period, the company and Tsinghua University jointly published the book "Trusted Circulation of Data Elements" and were invited to participate in the first "GENERATE Global Ecology Conference" in Baidu AI Cloud, and won the title of "Strategic Partner of the Year".