FAW Toyota has sold 139,800 sharp-release twin engines, with ultra-low fuel consumption and higher practicability.

Since the beginning of this year, Toyota’s products have been updated to the fifth-generation intelligent electric hybrid dual-engine system in order to better cope with the mixed market of involution. At the same time, the new cars launched this year have also been upgraded for intelligent driving, intelligent interconnection and intelligent cockpit.

On August 6th, FAW-Toyota Corolla sharp-release intelligent electric hybrid twin engine also strengthened its strength in these aspects, and its official guide price was 139,800-184,800 yuan. This is the first time that Corolla Ruifang has launched a hybrid version, which will be more competitive than joint venture rivals such as exploring songs and hackers.

The strength of sharp-release dual-engine products has been comprehensively improved.

Corolla sharp-release twin-engine is equipped with the fifth generation intelligent electric hybrid twin-engine system, which consists of a 2.0L naturally aspirated engine, an electric motor and an E-CVT continuously variable gearbox. In the first half of this year, this system has been applied to various models of Toyota. It has been fully optimized in terms of motor, battery and electronic control, and has strengthened its electric drive. It has been completely optimized in terms of acceleration performance, ride comfort and fuel economy.

For example, the fuel consumption per 100 kilometers of Ruifang intelligent electric hybrid twin engine is 4.56L, which is greatly improved compared with the fuel version, and this has become its biggest highlight. This data is competitive with joint ventures or independent products of the same level. From the earlier test drive experience of the vehicle equipped with Toyota’s fifth-generation intelligent electric hybrid dual-engine system, it can be clearly felt that the vehicle’s ride comfort is better and the power output is stronger under the conditions of reducing the weight and volume of the battery and increasing the output power of the high-speed motor. This is because there are more opportunities for the motor to intervene in the high-speed environment, which is also the key reason for improving the fuel economy of the vehicle.

In addition, the sharp-release intelligent electric hybrid dual-engine comes standard with T-Pilot intelligent driving assistance system, Toyota Connect intelligent interconnection and Toyota Space intelligent cockpit, which optimizes some original functions and adds more functions, and comes standard with the whole system, realizing intelligent equal rights and comprehensively improving intelligent strength. For example, in terms of active safety function, the sharp-release intelligent electric hybrid dual-engine can identify vehicles and pedestrians in the visual blind area in advance, and can also assist in braking or even avoid when a collision accident is about to occur.

Ruifang, which was born in the name of Corolla, has the characteristics of comfort, practicality, safety and high quality. In the entry-level joint venture compact SUV market, it is a powerful player, and it is common for the monthly sales to break through 10,000. After the dual-engine model is added, the audience of Sharp will be wider, thus further promoting sales. The SUV with the positioning and price close to that of Sharp Power Smart Electric Hybrid Twin Engine, as well as BYD Song PLUS DM-i and Geely Yinhe L7 in independent brands, the latter are all hot spots in the market, and the voice of independent hybrid is very high at present, so the challenges that Sharp Power Smart Electric Hybrid Twin Engine will face are not small.

All star models challenge five major projects

In this listing conference, FAW Toyota also brought test drive experience activities for its various models. The 2023 Asian Dragon, New Corolla, New RAV4 Rongfang, Smart Electric Hybrid Twin-Engine Crown Lu Fang and Sharp Electric Hybrid Twin-Engine have passed the five challenges, namely, Rapids, Voices of the Future, Braves, Roller Coasters and Space Exploration.

Among them, the 2023 Asian Dragon carried out the challenge of "Rapids", and put a water cup on the roof. Under the linear acceleration, only a few water in the water cup overflowed, and the acceleration stability and body support were sufficient, which was due to its low center of gravity and other characteristics.

The new Corolla, the new RAV4 Rongfang and the sharp-release intelligent electric hybrid twin engines participated in the "Voice of the Future" challenge. After waking up the car system once, they can say all the instructions for controlling air conditioning, windows, music, navigation, etc. in one breath, because these models all support the function of 30-second continuous voice dialogue.

In addition, the new Corolla also participated in the "Brave" challenge project, which responded quickly when identifying obstacles and dummies on the road, and was able to assist users in braking and avoid collision accidents to the greatest extent.

It is worth mentioning that the intelligent hybrid electric twin-engine version of Crown Lu Fang, in the "roller coaster" challenge project simulating cross-country cross-axis sections, has shown excellent driving and control strength under the configuration of E-Four electronic four-wheel drive system and TRAIL one-button escape mode.

MPV Gravia has also ushered in its "space exploration" challenge. For such a big car, parking is a big problem, but fortunately, Gravia is equipped with PVM panoramic monitoring system, PKSB parking auxiliary braking system and other configurations, which can be easily put into storage.

Driven by these models with outstanding product strength, FAW Toyota sold 373,195 vehicles in the first half of this year, up 6% year-on-year. Among them, the cumulative sales volume of Ruifang was 54,039 vehicles, a year-on-year increase of 140%.

Write it at the end

In the first half of the year, FAW Toyota sold 99,895 smart electric hybrid twin-engine vehicles, up 6.3% year-on-year, accounting for 26.8%. At the same time, the proportion of mid-to-high-class vehicles under TNGA-K platform, represented by Asian Dragon, Graveyard and Crown Lu Fang, increased to 46%. These two sets of data show that FAW Toyota is accelerating electrification, embracing new changes, and steadily promoting high-quality development. The launch of sharp-release twin engines is also an important embodiment of FAW Toyota’s new and upward development. (Text | |DAN)

Ruifeng M3 configuration interpretation price is around 109,900 yuan.

In the past, Chinese-made cars always gave people the impression that they were only equipped with pure piles. With the efforts of generations of China automobile craftsmen, they not only made great progress in quality and cost performance, but also made great progress in all aspects. The late car cost is the focus of its potential consumers. Let’s take a look at it together.

First of all, from the appearance, the front face of Ruifeng M3 looks avant-garde and sporty. The headlights are calm and the overall look is fashionable and simple. The car is equipped with LED daytime running lights, automatic opening and closing, etc. Come to the car side, the car body size is 5145MM*1765MM*1900MM, the car uses individual lines, the car side looks very unique, with large thick-walled tires, smooth lines running through the whole car side. In the rear part, the overall shape of the rear of Ruifeng M3 echoes the front face, and the taillights present a clean design style, which looks very comfortable as a whole.

When you get into the car, the front face of Ruifeng M3 looks very deep, which easily touches the hearts of young consumers. The steering wheel of the car is very sporty, made of imitation leather, and the shape is very fighting. Take a look at the central control. The car is decorated with a touch-sensitive LCD central control screen with a flamboyant personality, which makes the interior style impressive, and the overall design of the central control is very good. Finally, let’s look at the dashboard and seats. The dashboard design is remarkable and the sports atmosphere is relatively in place. The car uses fabric seats, equipped with functions such as proportional seat down, and it is very comfortable to ride.

The space size of Ruifeng M3 trunk conforms to its household positioning, and the storage space for family travel can be satisfied, with excellent space flexibility. In addition, the car is equipped with anti-lock braking system (ABS), LED daytime running lights, brake assist (EBA/BAS, etc.), braking force distribution (EBD), traction control (ASR/TCS, etc.), main driver airbag and co-pilot airbag.

The car introduced today is remarkable in terms of space, configuration and power, and home travel is also a good helper. If you have plans to buy a car, Xiao Bian thinks it can be included in the alternative list.

Observe the advanced biofuel industry and accelerate the formation of new quality productivity

Advanced biofuel industry accelerates the formation of new quality productivity.

China Energy News Network reporter Su Wei 

  "With great development opportunities, China’s advanced biofuel industry has great development potential and will remain in short supply." At the 5th Global Summit Forum on Biomass Energy Innovation and Development, Zhang Dayong, Deputy Secretary-General of China Industrial Development Promotion Association and Secretary-General of Biomass Energy Industry Branch, expressed optimism about the development prospect of China’s advanced biofuel industry. "By 2030, the output of advanced biofuels in China will reach 23.98 million tons of standard coal, and the demand will reach 27.46 million tons of standard coal, gradually forming new quality productivity."

  Advanced biofuels refer to gas or liquid fuels produced by physical, chemical, biological and other technical means with biomass resources as raw materials, mainly including bio-natural gas, bio-fuel ethanol, bio-diesel, renewable methanol and sustainable aviation fuel, etc., which have the characteristics of green and low carbon and are widely used in the fields of automobiles, ocean-going ships and aviation.

  At present, with many advantages such as green, low carbon and renewable, and the large-scale promotion in the international scope, China’s advanced biofuel industry is accelerating the formation of new quality productivity.

  The scale development of bio-natural gas has accelerated.Biofuel ethanol production has increased substantially.

  Bio-natural gas industry is an advanced bio-fuel industry that achieved large-scale development earlier in China.

  20th CenturyIn 1970s, China’s biogas production technology and process gradually matured, which laid a good foundation for the development of biogas industrialization. From 2015 to 2017, China used a total of 2.6 billion yuan of financial funds to support the construction of 64 large-scale biogas projects. On average, the financial support of a single project accounted for about 30% of the total project investment, which provided a good support for industrial development.

  In 2019, the National Development and Reform Commission and other 10 departments jointly issued "Guiding Opinions on Promoting the Industrialization of Biogas", proposing the development goal of biogas production exceeding 20 billion cubic meters by 2030, requiring strengthening the connection between biogas development and national planning, and preparing the development plans of provincial, prefecture-level or county-level key enterprises, proposing to speed up the commercialization development and construction of biogas industrialization, establish and improve the biogas industrial system, and clarifying a series of safeguard measures.

  《National strategic plans such as "the 14th Five-Year Plan for Renewable Energy Development" and "the 14th Five-Year Plan for Bio-economy Development" have also put forward key action areas for accelerating the development of bio-natural gas, including establishing an industrial system with counties as units, actively carrying out demonstration of bio-natural gas, making overall plans to build bio-natural gas projects with an annual output of 10 million cubic meters, forming diversified application modes, and accelerating the research and development of key technologies and equipment manufacturing.

  The maturity of technology and the support of policies have cleared the way for the healthy development of bio-natural gas industry. At present, a number of enterprises, such as China Resources Group, China Guangdong Nuclear Power Corporation, China Power Construction Corporation, CSIC, China Energy Conservation Corporation and Huaxin Gas Corporation, have accumulated rich experience in the construction and operation management of large-scale biogas projects, and Jiangsu Huai ‘an Project of Guoneng Zhongdian Energy Group Co., Ltd. has been selected.China Theme Presentation of the 2022 United Nations Climate Conference. Chu Yan, president of Guoneng Zhongdian Energy Group Co., Ltd., introduced that the project integrated various biomass fermentation technologies from 2014 to 2016, with an annual output of 10 million cubic meters of biogas.

  According to the incomplete statistics of the Biomass Energy Industry Branch of China Industrial Development Promotion Association, as ofBy the end of 2023, China had more than 200 large-scale bio-natural gas projects with a design capacity of about 880 million cubic meters./year,In 2023, the output of bio-natural gas is about 420 million cubic meters. The capacity and output of bio-natural gas have reached a certain scale, forming a new quality productivity. Zhang Dayong said that by 2030, China’s bio-natural gas production is expected to reach 3 billion cubic meters, and the demand will reach 10 billion cubic meters, which will presentsupply falls short of demandThe trend.

  China’s biofuel ethanol industry began in the 20th century.In the 1990s, it began to enter the stage of large-scale development after 2000.exist"Don’t compete with people for food, and don’t compete with food for land."ofprerequisiteNext,Our country beganPopularize and usebiologyFuel ethanolAnd ethanol gasoline for vehicles..now,Ethanol gasoline runs in closed operation area.Overall stable and orderly. At the same time, eachbigFuel ethanol enterprises beginpositivetowardswithNongrainforproduction of raw materialsfuelethanoldirectiontransform.

  Under various incentives, China’s biofuel ethanol production capacity has reached.5 million tons/yearAbove, quickly form a new quality of productivity.Biofuel ethanol production in 2022appointmentfor300Ten thousand tons.In 2023, thanks to the rise in oil prices, the enthusiasm of production enterprises was high.Biofuel ethanol productionsteady stepsGrowth,produceamountappointmentthreefour0Ten thousand tons.

  Biodiesel, renewable methanol and sustainable aviation fuel usher in development opportunities.

  Compared with the development of bio-natural gas and bio-fuel ethanol industry, the scale development of bio-diesel, renewable methanol and sustainable aviation fuel in China is a little backward, but due to its realizationThe great potential in the process of "double carbon" goal, coupled with the growing demand in the international market, ushered in new development opportunities.

  In February, 2011, China officially implemented the standard of Biodiesel Blended Fuel (B5), which required the addition standard of biodiesel to be 1-5%, which stimulated the development of biodiesel industry..In April 2024, the National Energy Administration issued the Notice on Publicity of Biodiesel Promotion and Application Pilot, which supported in principle.Haidian District, Beijing,Dezhou City, Shandong Province and other units carried out pilot work on the popularization and application of biodiesel. The landing of the application promotion pilot,Yeah, open up the countryThe market demand space is positive.Function,Biodiesel industry ushered in a turn for the better.

  In the renewable methanol industry, in the past two years,Under the background of "double carbon" target, the industry has been sought after more, and some forward-looking enterprises have begun to lay out gradually. By 2024fourMonths,Domestic built renewable methanol production capacity50,000 tons/year, filing, planning and under constructionNumber of projectsreachdozens ofA,Overcapacityone000Ten thousand tons/year.

  In terms of sustainable aviation fuel,Before 2021, China was dominated by some pilot projects. In 2022, the sustainable aviation fuel industry developed rapidly, led by Zhenhai Refining and Chemical Company of China Petrochemical Co., Ltd. and followed by Yigao Environmental Protection Investment Co., Ltd. At present, the total capacity of sustainable aviation fuel operation and planning is about.twentyTen thousand tons/year.

  According to the statistics of Biomass Energy Industry Branch of China Industry Development Promotion Association,In 2022, China produced 2 million tons of biodiesel and exported 1.8 million tons, of which more than 80% were exported to EU countries, and it has become the second largest importer of biodiesel in Europe, second only to Argentina. In 2023, Chinaproducebiodiesel2.2 million tons, export 1.95 million tons.

  In view of the fact that biodiesel and sustainable aviation fuel produced in China are mainly exported, Liu Qiyu, a senior consultant in the transportation department of Rocky Mountain Research Institute, believes that how to connect with the carbon emission mechanism of consumers such as the European Union and realize the environmental rights and interests of producers is the key to accelerate the formation of new quality productivity.

Editor in Charge: Xuan Yu

China’s choice with the world in mind-The 20th Congress of the Communist Party of China will have a far-reaching impact on the world.

  At present, the change of the world, the change of the times and the change of history are unfolding in an unprecedented way, and human society is facing unprecedented challenges. The world once again stands at the crossroads of history, and where to go depends on the choices of people of all countries.

  At this time, the world-famous The 20th National Congress of the Communist Party of China(CPC) opened in the Great Hall of the People on 16th. On behalf of the 19th Central Committee, General Secretary of the Supreme Leader made a report to the General Assembly. Facing the century-long changes in the world, China’s choice is: to promote world peace and development, and to promote the building of a community of human destiny.

  "significant", "far-reaching" and "shaping the future" … … The convening of the conference aroused widespread repercussions around the world. It is generally believed in the international community that under the leadership of the Communist Party of China, China has always adhered to the foreign policy purpose of safeguarding world peace and promoting common development, committed itself to building a community of human destiny, constantly providing new opportunities for the world with new development, and promoting the construction of a better world.

  Provide new opportunities for the world with the new development of China.

  At present, the changes in the world over the past century are constantly evolving, unilateralism and protectionism are rampant, economic globalization is facing countercurrent, the world economy is dragged down by inflation, epidemics, geographical conflicts and other factors, and downside risks are accumulating. Developing new opportunities is more precious than ever to all countries and people in the world.

  China adheres to the basic national policy of opening to the outside world, firmly pursues the win-win opening strategy, constantly provides new opportunities for the world with the new development of China, promotes the construction of an open world economy, and better benefits the people of all countries. The 20th National Congress of the Communist Party of China once again sent a strong voice of openness to the world, and its determination and actions to make new contributions to global development with its own new development won wide acclaim and support from the international community.

  "China’s adherence to a high level of opening up will provide more development opportunities for the world and benefit people all over the world." William jones, president of the Washington branch of Global Strategic Information magazine in the United States, believes that the strategic policy put forward by CPC Report to the 20th CPC National Congress can promote global common prosperity.

  KanBakhash Kharaji, editor-in-chief of Iranian Daily, who has been paying close attention to China’s development for more than ten years, said: "China’s economy is developing continuously and healthily, and China has always been committed to building an open world economy, which will continue to make positive contributions to the world."

  China’s high-level opening-up is not only a far-sighted strategic plan, but also a solid and steady policy arrangement. From steadily expanding the institutional opening-up of rules, regulations, management and standards, to accelerating the construction of a trading power, and then promoting the high-quality development of the "Belt and Road", China’s numerous measures to maintain a pluralistic and stable international economic structure and economic and trade relations will inject confidence and motivation into regional and world economic development.

  Semir Awan, the founding chairman of the Global Silk Road Research Alliance, a Pakistani think tank, said after listening to the Report to the 20th CPC National Congress of the Communist Party of China in real time that China emphasizes adhering to high-level opening up, promoting the high-quality development of the "Belt and Road" and firmly pursuing a mutually beneficial and win-win opening strategy. "I firmly believe that China will do what it says and will definitely make greater contributions to the development and prosperity of the world economy."

  Sergei Lukonin, director of China’s political and economic department at the Institute of World Economics and International Relations of the Russian Academy of Sciences, explained that China’s accelerated construction of a new development pattern with the domestic big cycle as the main body and the domestic and international double cycles promoting each other means that China is deepening its foreign cooperation while expanding its domestic consumption. He believes that the emphasis of the 20th National Congress of the Communist Party of China on high-level opening-up will bring new opportunities to other countries and regions.

  Hu Yishan, chief consultant of Malaysian Pacific Research Center, said: "China continues to promote high-level opening up and promote regional and world economic development."

  China’s Wisdom of Enriching the Path Selection of Human Modernization

  With the convening of the 20th National Congress of the Communist Party of China, "Chinese modernization" has become a hot word of increasing concern to the international community.

  Hamid Gulami, a professor at the School of Foreign Languages of Kabul University, visited China many times and deeply admired the great economic and social achievements made by China in the past decade. Gulami has been thinking about such a question: Why is China’s modernization process so fast, so solid and so stable? This time, Report to the 20th CPC National Congress gave the answer — — Chinese modernization road.

  The report clearly stated that "the great rejuvenation of the Chinese nation should be comprehensively promoted with Chinese modernization". Gulami believes that China’s confident and firm pursuit of the Chinese modernization road is not only beneficial to China, but also to other countries in the world, especially developing countries. China’s exploration of the development road is worth learning from developing countries.

  Chinese-style modernization is a socialist modernization led by the Communist Party of China (CPC), which not only has the common characteristics of modernization in all countries, but also has the characteristics of China based on its own national conditions. There is no fixed model for the road to modernization. What suits you is the best, and you can’t cut your feet and fit your shoes. Indonesian scholar Bambang Suryono marveled at China’s China wisdom in exploring the road to modernization.

  This Indonesian scholar, who has been studying China since 1980s, has visited China for many times and witnessed the vicissitudes of China. He believes that the world significance of China’s independent exploration of the modernization road suitable for its own national conditions lies in that "Chinese modernization is an innovation and breakthrough in the theory of global modernization, and the development ideas and experience in the process of Chinese modernization will certainly provide important enlightenment and reference to all countries in the world."

  Report to the 20th CPC National Congress, the Communist Party of China, has attracted great attention from the international community. Some people have read the importance of taking the road of modernization independently, while others have paid special attention to the systematic concept emphasized in the report. Mamadou Diouf, a sociologist in Senegal, believes that Chinese modernization emphasizes the protection of ecology, environment and human interests, and promotes the harmonious coexistence between man and nature, which is highly compatible with sustainable development. "I hope that China will share the experience of Chinese modernization with the world after the 20th National Congress."

  In the historical process of mankind’s modernization, there has been a zero-sum road of "national power will dominate and conquer each other", while Chinese modernization is a win-win road of "learning from each other’s civilizations, sharing beauty with the United States". From Report to the 20th CPC National Congress, Kenyan international scholar Cavens Adehir saw the peaceful background of China’s road. He pointed out that the peaceful development of Chinese modernization has provided new choices for other countries to speed up their development while maintaining their own independence, and made important contributions to human exploration of different modernization paths. "The development of China is worth thinking and learning from other countries in the world".

  China’s plan to solve the global deficit

  In today’s world, hegemonic bullying behaviors such as bullying, usurpation and zero-sum game are extremely harmful, and the peace deficit, development deficit, security deficit and governance deficit are aggravated, and human society is facing unprecedented challenges. China has always adhered to the foreign policy purpose of safeguarding world peace and promoting common development, and is committed to building a community of human destiny.

  "In today’s turbulent world, security and stability are precious." Chen Gang, assistant director of the Institute of East Asian Studies at the National University of Singapore, said that the 20th National Congress of the Communist Party of China declared to the world that China will continue to adhere to the Five Principles of Peaceful Coexistence and promote the implementation of global development initiatives and global security initiatives, which is conducive to the healthy development of relations among countries.

  Mohamed Hiimi, a professor of political science at Helwan University, said that China adheres to developing friendly cooperation with other countries on the basis of the Five Principles of Peaceful Coexistence, which is conducive to promoting common development and prosperity, improving people’s living standards and promoting the building of a community of human destiny.

  With the remarkable improvement of China’s international influence, appeal and shaping power, China has participated in global governance with unprecedented breadth, depth and strength since the 18th National Congress of the Communist Party of China, providing a new choice for the global governance model, which is different from "one country dominating" or "several parties ruling together", and promoting the development of the global governance system in a more just, reasonable and effective direction.

  Benjamin Pogosian, director of the Armenian Center for Political, Economic and Strategic Studies, noted that General Secretary of the Supreme Leader stated in his report that China has put forward global development initiatives and global security initiatives and is willing to work with the international community to implement them. "This reflects China’s sincere desire for mutual benefit and common development with other countries, and is a major contribution to solving the various crises and challenges facing mankind and promoting the progress of human civilization." In Pogosian’s view, the 20th Congress of the Communist Party of China is a major event with far-reaching influence on the world.

  With a series of new ideas, new ideas, new initiatives and concrete plans and actions, China has continuously contributed wisdom and strength to solving various problems faced by mankind and injected strong positive energy into improving global governance.

  "Five years ago, I participated in the report of the 19 th National Congress of the Communist Party of China as a representative of foreign media, and I still remember it." Sherik Korjumbayev, editor-in-chief of Kazakhstan Industrial News, said that in today’s complicated and ever-changing international environment, the convening of the 20th National Congress of the Communist Party of China has injected strong stability expectations into the world. China will continue to actively participate in global governance, and is willing to work with the international community to implement global development initiatives and global security initiatives, promote the building of a community of human destiny, and contribute new wisdom and strength to human peace and development.

  Over the years, China has continuously contributed wisdom to the improvement of global governance, and has also outlined an increasingly clear practical path for building a world of lasting peace and common prosperity.

  Macchian, Secretary-General of Britain’s East Asia Commission, noted that Report to the 20th CPC National Congress’s emphasis on building a community of human destiny was "very important to the world". He pointed out that many problems in today’s world can only be solved through cooperation and joint efforts of all countries, and the concept of building a community of human destiny "has played an important role in benefiting all mankind and provided a path for mankind to jointly cope with global challenges and sustainable development."

  -END-

  Planning: Ni Siyi

  Producer: Li Zhengyu and Feng Junyang

  Coordinator: Qi Zijian, Wu Liming, Xie Peng, Yan Jieyan

  Reporter: Deng Xianlai, Gao Wencheng, Mao Pengfei, Wang Yi, Liu Kaihua, Chao Jiang, Zou Xuemian, Yu Qianliang, Prince Zheng Shibo, Wu Hao, Zhu Yubo and Li? Cai Shuya Yao Bing Li Ming Du Fu Adrian Xu Zhang Jiye Ye Shuhong Qiao Jihong Kasper  Li Hualing Wang Ping Meng Jing Yu Fuqing Yang Yiran Wu Lu Yang Shilong Zhang Mocheng Hu Yousong

  Reporter: Tariq Hamid Ali Jaswar

  Edit: Shen Haoyang, Wang Pei and Wang Yujue are indifferent

  Editor: Yang Wei Shang Jing He Yi Yang Haiyun Xue Lei Xu Xiaolei Cheng Dayu

  Cartography: Xu Xiaolei

  Produced by Xinhua News Agency International Department

  Produced by Xinhua News Agency’s International Communication Integration Platform

Digging into the sea to see the new face of "China Zhizao"

  Green and energy-saving shield machine, dredger with automatic dredging system, unmanned tractor & HELIP; … Xinhua News Agency reporters recently visited many state-owned enterprises and found that the equipment manufacturing industry has accelerated towards high-end, intelligent and green, polishing the new business card of "China Zhizao".

  The shield machine manufactured by innovative application of green concept successfully went offline.

  On May 9th, "China Railway No.1237" rolled off the production line in Zhengzhou, Henan Province. This earth pressure open dual-mode shield machine with a cutter head diameter of 9.16m, a length of 135m and a total weight of more than 1,900t is a shield equipment manufactured by China Railway with innovative application of green concept. In terms of intelligent control, it can realize self-adaptive adjustment and matching with the driving stratum, independently achieve the best matching of driving efficiency and energy consumption, and achieve the purpose of green energy saving.

  With its successful off-line, this "big guy" equivalent to three stories high will be exported for the construction of high-speed railway tunnels in Sicily, Italy, to serve the "Belt and Road" construction.

  The picture shows China Railway Green Shield Machine "China Railway No.1237". Xinhua News Agency reporter Liu Yujia photo

  In 2008, the first composite EPB shield machine with independent intellectual property rights "China Railway No.1" went offline, breaking the monopoly position of overseas brands in the field of shield machines; By 2012, "China Railway No.50" was exported to Malaysia, which laid a solid foundation for China shield equipment to go global. Now the green shield machine "China Railway No.1237" has been exported to Italy, and the strong strength of China shield machine has been fully demonstrated.

  According to reports, up to now, the total number of orders for China Railway Shield Machine and TBM (Hard Rock Tunneling Machine) has exceeded 1,500, which have been exported to 32 overseas countries and regions. China Railway Shield Machine has become a "new domestic product" that polishes the "China brand" and sells well overseas.

  "Steel behemoth" guards the safe passage of "Golden Waterway"

  The place where the Yangtze River flows into the East China Sea is China’s waterway transportation hub and international shipping trunk line. In the busy Yangtze River estuary, a blue and white "steel behemoth" guards this "golden waterway" day and night. This is the "New Sea Tiger 8" wheel of Shanghai Waterway Bureau under CCCC.

  The picture shows the "New Sea Tiger 8" wheel. Xinhua News Agency reporter He Xinrong photo

  In May every year, the deep-water channel of the Yangtze River estuary enters the flood and siltation season, and the amount of sediment coming from the upstream increases obviously, which has an impact on the safe passage of the "Golden Waterway" and the normal operation of the Shanghai International Shipping Center. As a large-scale trailing suction dredger independently developed by China, "Xinhai Tiger 8" has a total length of 130.3 meters, a width of 25.6 meters and a depth of 9.2 meters. It adopts the largest advanced equipment such as mud pump frequency conversion drive and automatic dredging system in China, and is a well-deserved "dredging tiger" in the Yangtze River estuary.

  The operator stood in front of the console of the new Haihu 8, and with the help of the advanced automatic dredging system, the huge "rakes" on both sides of the ship slowly rose and plunged into the water. "These hoes have sensors that can monitor underwater conditions in real time. After using the automatic dredging system, not only the construction efficiency is obviously improved, but the daily fuel consumption is also reduced from 40 tons to about 35 tons. " Song Jiakai, the captain of "New Sea Tiger 8", said.

  High-end agricultural machinery and equipment insert "scientific and technological wings" for agricultural modernization

  With a finger, a tractor with a height of more than 3 meters can automatically plan the path, travel and avoid obstacles, and can also independently control the farm tools for unmanned operation, with an operating accuracy of less than 2.5 cm — — The reporter walked into the factory of China Yituo Group Co., Ltd., a subsidiary of SINOMACH, and the Dongfanghong LF2204 driverless tractor with a "smart brain" was eye-catching.

  The picture shows Dongfanghong LF2204 unmanned tractor. Xinhua News Agency reporter Liu Yujia photo

  Xue Zhifei, deputy general manager of China Yituo Datuo Company, told the reporter: "The effective improvement of the working accuracy of unmanned tractors has made the crops straighter, and the lighting and ventilation conditions are better, which not only increases the effective planting area by 5% to 10%, but also helps to increase production and income."

  The reporter learned from China Yituo that under the blessing of "black technology", in addition to unmanned tractors, a series of high-end agricultural machinery and equipment, such as multifunctional self-propelled intelligent pepper direct seeding machine and high-efficiency grain combine harvester, have been widely used in agricultural practice, significantly saving operation time, improving operation efficiency and increasing farmers’ income, which has inserted "scientific wings" to promote agricultural modernization.

  In recent years, state-owned and state-owned enterprises have vigorously carried out key core technology research and promoted China to create new breakthroughs; Strengthen technological transformation and intellectual empowerment, comprehensively improve the level of process technology, product quality and safety, and promote China’s quality to show new results; A large number of China brands such as "China Road", "China Bridge", "China Port" and "China Car" are well-known overseas, which has promoted the China brand to take on a new look … … Driven by innovation, winning the market by quality and leading the future by brand, "China Zhizao" is gathering the majestic power of high-quality development. (Reporter Liu Yujia, He Xinrong, Wang Xi)

18 films broke 30 million yuan’s "great online drama" | Review of online movies for eight years

Author/Zhu Ting

When it comes to online movies, the public’s impression is always somewhat different.

 

Born in 2014, it became famous in 2015, flying in 2016, and began to "collect" in the second half of 2017. In 2018 and 2020, it ushered in a turning point in development. This emerging Internet product has now reached its eighth year.

 

Entertainment industry editorial department (ID:yulechanye)This paper sorts out the online movie accounts from 2014 to September 2021: the number of movies that break 10 million is increasing day by day, and at the same time, the 28 th law of the industry is becoming more and more obvious. On this basis, Entertainment sir further collated and concluded that in eight years, the number of sub-accounts broke 30 million or more, with a cumulative sub-account of 708 million. Among them, there were 4 movies with 50 million yuan and above, 4 movies with 40 million yuan and above, and the box office top1 "The Secret Collection of Xiangxi with Ghost Blowing Lights" was 56.827 million.

 

OK, welcome to the online movie 30 million box office club!

 

These 18 films

Why do you share the 708 million of Ai Youteng? 

18 online movies broke 30 million yuan. In other words, it is equivalent to 18 cinema movies breaking 100 million yuan at the box office.

 

In terms of concretization:

 

1. In terms of theme types, action, fantasy and adventure still dominate, accounting for 18%, 14% and 11% respectively.

Among them, the film "Blood Without a Name" belongs to the historical and war types, with an account of 32.26 million yuan. To some extent, it can be regarded as the representative of the breakthrough of the theme of online movies.

 

It is also worth mentioning that, under the advocacy of policies and platforms, realistic and theme-based online movies, including Tough Gun God, China Flash, and Climbing the Tree with Donkeys, have received good market response. "Tough Gun God" is still in the accounting period, and it is expected to rush to nearly 30 million troops.

 

In entertainment sir’s view, on the one hand, the constancy of theme also verifies that online movies have indeed retained a considerable number of fixed users on various platforms in recent years; On the other hand, online movies need more new users, and the theme breaks through or directions. Of course, this requires the platform, the film, and the creators to work together to break through, and the users will give strength.

 

2. IP series movies are still the main force of accounting.

 

IP movies such as Ghost Blowing Lights, Di Renjie, Restart, Ghost Story and Soul Ferry account for almost 90% of the 30 million clubs.

 

IP strives for stability, but if you want to break through, you still have to rely on new tracks and originality. The Legend of the Hunter in Xing ‘an Mountains, with a score of 44.356 million yuan and a douban score of 6, is a good example. Screenwriter Cui Zouzhao, an online writer, whose representative works include My Years as Mr. Yin and Yang, My Years as a Birdman, Jumping God and Tripitake Tales, has been rated as an underestimated online god by netizens and has a fixed audience in the online circle.

 

In addition to The Legend of Hunters in Xing ‘an Mountains, Cui Zouzhao’s previous online movie "The Demon and White Fish Town 1, 2" has a douban score of 6.1 and 5.9. In the horizontal comparison of the industry, it can also be regarded as a work with the highest comprehensive ability of word of mouth and box office. In a word, online movies need more "Cui Zouzhao".

 

3. The average score of 4.8 points from watercress is another progress of online movies.

 

Of the 30 million box office clubs of online movies, 4 passed, and 6 scored 5 points or above; Up to now, there are nearly 40 online movies with Douban scores above the passing line (incomplete statistics).

 

At this point, it suddenly occurred to me that before, Entertainment sir had also counted more than 5,000 online movies, and 26 douban movies scored 6. How long will it take for online movies to "qualitatively change"? At that time, the discussion point inside and outside the industry was: Is Douban score important for online movies?

 

From the creator’s point of view, there should be no creator who doesn’t want his work to gain more praise and get a good reputation. Based on the marketing level, many staff engaged in the online movie announcement told Entertainment sir that at this stage, Douban score has gradually become a kind of marketing, but if it is still a film with a regular theme, Douban score is almost not considered. The implication is that the breakthrough of the theme and the douban score are more important.

 

Anyway, word of mouth has been paid more and more attention, and it is also a manifestation of industry progress.

 

If you look carefully, the biggest commonality of these 18 online movies that have exceeded the 30 million mark is that they all have certain user advantages in subject matter.

 

"The Secret Collection of Xiangxi with Ghost Blowing Lights", which ranks in the TOP1 of the sub-account, exceeded 4.5 million at the box office on the first day of Tencent’s video launch. At that time, it broke the box office record of online movies on the first day. As a foreign online movie, its reputation is second only to daoist magic 2020, the 1982 film. Up to now, it is still considered as "The Ferry of the Soul" with excellent box office and word of mouth in the online movie industry, and "fantasy" is their main theme.

 

In addition, there are films with irreplaceable advantages in theme and content. For example: the unique short video IP is a big internet-"Chen Xiang’s steel-toed invincible at 6: 30", comedy, action. At that time, Iqiyi’s 8-hour online membership effectively watched more than 960,000 movies, an increase of 200% compared with the first film "Chen Xiang’s 6: 30 Nonsense"; For another example, the original film "The Legend of Hunter in Xing ‘an Mountains" mentioned above, and the historical war theme "Bloody Unknown River" and so on.

 

No film can easily reap high box office, but at the same time, it is necessary to be wary that no film can always reap high box office.

 

Are the head production/publicity companies still in a stable position?

What new companies have successfully entered the market?

The film and television industry, almost every year in a rapidly changing drama. If there are masterpieces, money and reputation, the company will have industry status.

 

Take 2018 as a watershed for online movies. At that time, based on the online movie data launched in 2017, Entertainment sir subdivided the number of films produced, the average broadcast volume and the commercial value of the production companies, and found that 25 production companies stood out from the crowd under the weighting of three dimensions.

 

In the article "93 main producers launched 33 films with tens of millions of works, and the online movie" The Battle of Lian Heng "started", it was mentioned that in 2020, there were 12 online movies produced by Taomeng. Qishu has produced a total of 9 films, of which "daoist magic" became the ceiling of online movies in the first half of 2020; The owners of the new studios have produced a total of 7 films, and "The Secret Collection of Xiangxi with Ghost Blowing Lights" has become an online movie, with the highest box office share so far.

 

There are 4, 3, 3, 3, 3, 3, and 2 parts of Xiang Brothers Film, Zhonglele Film and Television, Yingmei Media, Naifei Rabbit Cave, Jiji Upward and Wudao Nanlai, respectively, which have broken millions of works; My two works "Ghost Story: Human Love" and "Luo Cha, the Flying Head of Di Renjie" produced by Wudao Nanlai earned 80 million+box office; The four serial online movies of Liaozhai produced by the traditional film and television company, Oriental Feiyun, all exceeded 10 million, with a cumulative share of 92 million+box office.

 

Time has come to 2021. As of June 30th this year, a total of 33 films broke 10 million. Among them, Yingmei Media’s main products accounted for 4, and nearly 70 million total accounts ranked first; Qishu has 3 fish owners and 2 rabbit cave cultures, followed by the total account; Taomeng produced 3 films, 2 films from Wudao South and 1 film studio.

 

Later, the owner of Mihe Huaying produced 2 films; The cinema company has brought the film industry closer to the online student market, with the main production of 3 films, with a good result of over 36 million accounts; Similarly, Zhisheng United has produced 2 main products, exceeding 10 million yuan and over 30 million yuan; In addition, frequent online movie investors Jingying Media, Zhongguang Natural Selection, Skyworth cool open, and Xinhua Entertainment also won 3, 3, 2, and 2 pieces of broken works respectively.

 

Let’s look at the players in the 30 million clubs. In terms of distribution, the new studio film industry leads with 4, while Taomeng, Qishu, Zhongle and Shengshi Entertainment are all tied with 3, followed by 2 from Wudao Nanlai.

On the whole, the changes of head companies in the online movie industry are relatively stable. The works of Taomeng, Qishu, New Studio Film and Yingmei still occupy a large part of the market, but they may need to be changed according to the order of annual accounting amount; Frankly speaking, it is not unexpected that the flying rabbit hole, the old wine in a new bottle, the rice and flowers ran out; At present, it seems that Wanda Film and Television, Shengshi Mutual Entertainment, etc., which come from cinemas and TV dramas, are still forming in-depth cooperative relations with new studios, Taomeng and Qishu.

 

It is worth mentioning that companies with creative and production capabilities, such as Xiang Brothers Film and Zhongle Film and Television, obviously have a long-term competitive advantage. First, there is no denying that they have become the industry’s favorite, and both the head company and the new entrants hope to establish in-depth cooperation with them; Secondly, they also have the ability to invest and produce their own products, coupled with more mature production teams, experience and resources, which have obvious advantages.

 

At the same time, the online movie team that cooperates in groups or tends to be fixed has a certain box office guarantee, but in the long run, the development of the industry needs new collisions and new integration. At present, it is a good thing that more and more young filmmakers from the cinema are entering online movies, but how to make them stay after entering the market may be a new topic in the industry.

 

Redefining movies, has online movies done it?

Low-cost, short cycle and fast capital flow, online video platform is the broadcast medium, which is the attribute of online movies from its birth, and it is very Internet.

 

In recent years, the development of online movies has always been closely related to the business layout of iQiyi, Youku Video and Tencent Video.

 

Eight years ago, iQiyi took the lead in putting forward the concept of online movies, and later introduced/upgraded the accounting rules and made online movies public, which made it a leader in the industry. In 2018, Youku launched an online movie, and "The Serpent" became the new sub-account TOP1, and the platform launched the concept of "Monster Universe". In 2020, Tencent video came to an end, and two S+ films, daoist magic 2020 (co-broadcast with iQiyi) and Ghost Story: Human Love, were successively released, which made a good start.

 

At this point, the platform is further clear to the three-legged situation of online movies. Figuratively, among the 30 million online movie clubs, iQiyi takes the lead in 43%, Youku in 29% and Tencent in 28%, with little difference.

 

Along the way, the online film industry has become increasingly standardized, progressing and changing, which is obvious. 30 million films are concentrated in 2018 (5 films), 2020 (6 films), September 2021 (6 films) and 2019 (1 film). The saying that "online movies are also movies" has also been put forward in public, but it is obvious that there is still a long way to go before it can be truly recognized.

 

The core lies in the content value of online movies, which is far lower than commercial from the beginning. Let’s just say that soft pornography, rubbing IP, scratching the ball, etc. can really make a new industry quickly attract attention, but if you want to develop in the long run, obviously none of these ways will work.

 

At present, the industry has gone through strict policy norms, and the platform also realizes that it is not a good policy to spread money widely. After the phased dividend wave fades, it will take practitioners a long time to bear the price that the quality of content was subordinate to commerce. Back to Xiaobao, the concept of online movies has gone deep into the industry and become a part of China movies. What sir Entertainment wants to say is that as long as the camera doesn’t stop, everything is still moving forward.

"Get the national car brand up"

On June 26, a cruise convoy of Liberation trucks drove down Renmin Street in Changchun City. Photo by Zhang Nan, a reporter from Chinese Society

  Xinhua News Agency reporters Zhai Wei, Zhang Xinxin, Zong Wei, Duan Xu, Zhang Jian

  Here is known as the cradle of New China’s automobile industry: the development and manufacture of the first car, the first Dongfeng brand car, the first Red Flag brand high-end car, FAW ushered in a new era of new China’s automobile industry from scratch, marking a solid step towards an automotive powerhouse.

  Here is the expression of the hard work of several generations of Chinese automakers: building factories in the wasteland, laying the foundation for a business, and making independent innovations. Behind the development history of FAW is the fighting spirit of courage to explore and not afraid of difficulties.

  When the General Secretary of the Supreme Leader inspected FAW in 2020, he stressed: "We must master the key core technologies in our own hands, and we must set up this ambition to promote the national automobile brand."

  After 70 years, FAW and China’s automobile industry, which have stood at a new starting point, have advanced together, anchoring high-quality development and moving forward steadily.

Industry serves the country, 70 years of hard work to revitalize the automotive industry

  Changchun Dongfeng Street, China FAW old factory area. More than a hundred red buildings with Chinese-style eaves and Western-style balconies stand quietly. Here, two national car brands, Red Flag and Liberation, were bred, witnessing the historical process of the new China automobile industry from scratch and from weak to strong.

  Automobiles, an important symbol of modern industrial civilization, are a symbol of a country’s manufacturing strength and a powerful engine for national economic development.

  In the early days of the founding of New China, there was nothing to be done. "When can we get on the car we built ourselves?" The simple words carried the industrial dream of a country. The party listed the construction of FAW as one of the 156 key projects during the "First Five-Year Plan" period. On July 15, 1953, 10,000 builders from all over the country gathered in the southwest suburbs of Changchun and laid the first foundation pile on the vast wilderness. The road to FAW’s entrepreneurship was paved, and the new Chinese automobile industry began from then on.

  "China’s man-made cars started under poor and white conditions!" Wang Fengge, a 90-year-old veteran employee, recalled the early days of the factory’s construction. At that time, there was a frenzy of support for FAW across the country. "Repair roads to FAW, connect gas to FAW, and transfer cadres to FAW…" In 1954, 95% of Changchun’s municipal construction costs were invested in the construction of FAW.

  Drawing on the strength of the whole country, it will be completed and put into operation in three years; starting from scratch, it will open up the beginning of the new Chinese automobile industry.

  On July 13, 1956, the first domestic Jiefang truck rolled off the assembly line, bringing an end to the history of China’s inability to build cars; on May 12, 1958, the first domestic car, Dongfeng Jinlong, drove out of the trial production workshop and started the process of self-made cars…

  In the FAW Hongqi Cultural Exhibition Hall, an oil painting recreates the days in full swing: several craftsmen gather together to make a mud model of a Hongqi car by hand.

  "In order to celebrate the 10th anniversary of the founding of New China, we took over the task of manufacturing high-end cars." Dou Shuxiang, a retired veteran employee, clearly remembers that time was tight and the drawings were too late to draw. At that time, the factory manager Rao Bin discussed with the designers and made a bold decision – to hit it directly with a hammer!

  Summon the country’s top sheet metal masters, work day and night to knock out the body; hang up more than 2,000 spare parts pictures, and skilled craftsmen grab the pictures for trial production… On August 1, 1958, the first Hongqi brand high-end car was successfully trial-produced, which took only more than a month.

  Today, when modern production has been widely popularized, it is difficult for people to imagine how the car was built in a closed technology and difficult conditions. However, entrepreneurship is difficult, and the journey from building a car to building a good car is still long –

  In the early 1980s, the indicators of Jiefang brand cars were obviously lagging behind. In three years, more than 20,000 sets of process equipment were updated, and 79 new production lines were built. After six years, China’s second-generation truck Jiefang CA141 was put into production. FAW withstood huge pressure and completed the replacement and production without stopping production or reducing revenue, realizing the "second business".

  The reform and opening up quickly opened up the automobile market. At that time, the domestic automobile production capacity was less than one million units, and the products were "less heavy and less light", and transformation and upgrading were imminent. Following the pace of the industry, FAW began its "third venture": building a modern production base, vigorously developing light vehicles and cars; establishing joint ventures with Volkswagen, Toyota, etc., to rapidly improve manufacturing capacity… Through structural adjustment and joint venture cooperation, the enterprise grew rapidly. In 2001, the output and revenue increased by 3.2 times and 13.4 times compared with 1988.

  China’s entry into the WTO has accelerated the process of automotive globalization. Faced with the sudden influx of foreign brands, local enterprises that do not have an advantage in technology and brands were once in crisis. The passivity of market competition made FAW realize that only reform and innovation can keep up with the rhythm.

  Separation of main and auxiliary, taking the step from "plan" to "market"; shareholding reform, completing the transformation from a single state-owned sole proprietorship to a multi-investment entity.

  Since the 18th National Congress of the Communist Party of China, FAW has pressed the reform fast forward button.

  On September 18, 2017, a "four-energy reform" in which cadres can go up and down, employees can come in and out, salaries can be high and low, and institutions can increase and decrease their capacity was fully launched.

  "At that time, I had just arrived in Beijing for training, and the next morning I received a notice that everyone’stood up ‘and re-competed for jobs. How could I have the heart to stay, so I quickly bought a ticket and returned." Liu Jun, director of the FAW Reform Office, recalled the scene at that time.

  Clear goals, with the strength of the whole group to develop the Hongqi brand; Highlight innovation and improve the independent research and development system; Survival of the fittest, breaking the "iron chair" to set jobs with goals and pay for performance… Radical reform has restructured the system and mechanism, and stimulated innovation vitality. The "new entrepreneurship" marked by reform and innovation has also given FAW a new life –

  It has grown into a world-renowned automobile manufacturer and ranked among the top 500 companies in the world; by the end of 2022, the cumulative production and sales of automobiles exceeded 54 million, and the operating income was 7.9881 trillion yuan; in the past 5 years, the sales volume of the Hongqi brand has increased by 65 times, and the brand value has reached 115.50 billion yuan; for 12 consecutive years, the brand has been liberated to lead the industry, and the brand value has reached 118.70 billion yuan.

  It was born because of the national automobile industry and developed with the tide of the times. FAW has opened a new page in China’s automobile industry, witnessed the hardships and achievements of car manufacturing in a big country, trained a large number of industrial talents who understand technology and management for China’s automobile industry, promoted the growth and expansion of the industrial chain, and made due contributions to building an automobile power.

  In 70 years, from the "15th Five-Year Plan" to the "14th Five-Year Plan", FAW, which used to be like a child, has entered its prime. China’s auto industry has achieved leapfrog development through hard work and independent innovation: today, China has become the world’s largest automobile production and sales country for 14 consecutive years, and the scale of new energy vehicles production and sales has been the world’s largest for 8 consecutive years.

  "Only by unswervingly following the beat of the market and the drumbeat of reform can we have lasting vitality and momentum." Wang Guoqiang, deputy secretary of the FAW Party Committee, lamented that this is the inspiration of FAW’s development and the portrayal of China’s automobile industry.

Climb the peak bravely and strive to master the key core technologies

  The maximum power reached 560 kilowatts, and the performance index achieved international leadership – at the beginning of this year, the trial production of the V-type 12-cylinder direct injection engine developed by FAW was launched.

  The engine is the "heart" of the car, and the manufacturing process is superb. The V12 engine, which has a complex structure and is difficult to develop, represents the highest level of passenger car engines. As a latecomer, China has long been blank in this field.

  "This is the hard work of several generations of Hongqi people!" On the day the product was launched, Zhao Huichao, acting vice president of FAW Research and Development Institute, had mixed feelings. After continuous scientific and technological research, this engine broke the decades-long technical barriers of international suppliers and took the initiative in power manufacturing.

  The key core technology is the "life gate" of industrial development. Once upon a time, domestic vehicle production relied on external imports. High technology transfer fees and strict negotiation conditions hindered both production and product development.

  During the FAW inspection, the Supreme Leader General Secretary emphasized that to promote the high-quality development of our country’s automobile manufacturing industry, it is necessary to strengthen the independent research and development of key core technologies and key components.

  Basic materials, key components, advanced technology… With the growth and expansion of China’s automobile industry, generations of FAW people have begun to work hard on core technologies.

  0.015Mm, which is equivalent to 1/5 of the diameter of a hair, was "carved" by Yang Yongxiu, the chief technical master of FAW Research and Development Institute, and his team for 13 years.

  This is the "Chinese precision" of the engine block. Yang Yongxiu told reporters that there are more than 100 holes in the engine block, which are easily deformed during processing. In order to ensure performance, the precision of the cylinder hole must be controlled to the limit. But the core parameters of the fine processing of numerical control milling machines have always been regarded as secrets by foreign companies.

  "Since you want to do it, you have to achieve a level of refinement that is difficult for others to achieve." After more than ten years of sharpening the sword, after repeated overthrow and repeated trials in countless codes, Yang Yongxiu and his team finally cracked the core parameters and mastered the "key" of precision manufacturing.

  Diving deep into the "stuck neck" field, keep taking solid steps –

  Set up a special project working group for the transmission, establish a powertrain factory, and carry out comprehensive independent research and development for more than ten years to achieve comprehensive independent control;

  Focusing on power batteries, innovating a series of technologies such as low-temperature batteries and battery pack thermal insulation to achieve trial production of Ah-level all-solid-state batteries;

  From system integration and intelligent networking to forward-looking modeling and key materials, we will continuously target 41 key directions…

  In 2017, the FAW R & D General Institute was inaugurated, integrating the technical forces formerly scattered in various departments, and implementing awards for listing, project contracting, and technical achievements in proportion to profits.

  The optimization of the system and mechanism has released the vitality of innovation, and FAW has accelerated its charge in key frontier technology fields: breaking through the key technologies of high-efficiency hybrid systems, completing the application development of autonomous vehicle operating systems…

  "Our R & D staff has grown from 2,360 to more than 4,500, and the new car development cycle has been reduced from 48 months to 24 months," said Wang Deping, executive vice-president of FAW Research and Development Institute. In the past three years, 494 key core technologies such as high-efficiency high-speed electric drive, intelligent wire-controlled chassis, and L3-level autonomous driving have been broken through.

  Today, the global automotive industry is accelerating its transition to electrification and intelligence, and the transformation of production methods has put forward more urgent requirements for the safety and control of the industrial chain and collaborative innovation.

  "This requires the joint efforts of domestic peers to make up for each other’s shortcomings," Zhou Shiying, acting vice-president of FAW’s R & D General Institute, told reporters. As a chain-leading enterprise, FAW must open up its ecology and achieve joint research and co-creation. "This is a matter of one prosperity and one loss."

  Cooperate with China Resources Microelectronics and others to deepen the industrial chain of electronic components; gather leading software companies to strengthen algorithm development and verification… FAW and leading units have established 38 collaborative innovation laboratories and 5 basic research laboratories, and strive to promote industrial chain upgrades and breakthroughs. "In the future, we will continue to open up capabilities such as vehicle-end delivery, and together with our industrial chain partners, we will advance into the’no man’s land ‘of automotive technology." Zhou Shiying said.

  Self-reliance and independent innovation, FAW’s exploration is a portrayal of China’s automobile industry. After 70 years of industrialization abroad, China’s ups and downs of car manufacturing are full of thirst and climbing for core technologies.

  Today, China’s automotive industry has a stronger foundation and strength, with the world’s leading market size and industrial chain advantages for new energy vehicles, standing on the same starting line as the global automotive industry.

  To change lanes and overtake cars requires innovation and breakthroughs. "Always take independent innovation as the foundation, strive to control key core technologies and enhance the competitiveness of the whole chain, and the confidence to deal with risks will be stronger, and the driving force for industrial development will be stronger," said Fu Bingfeng, executive vice-president of the China Association of Automobile Manufacturers.

Anchor the course, take advantage of the trend to let national brands stand at the forefront

  On July 3, with the 20 million new energy vehicles rolled off the assembly line, China’s automobile industry reached a new milestone. In this wave of electrification and intelligent transformation, Chinese automobiles have accelerated into the center of the world stage, and national brands have ushered in historical opportunities.

  "This gives us a rare window of time. What we need to do now is to anchor the high quality and accelerate the brand upward!" Wang Guoqiang said.

  Walking into the prosperous factory area of Hongqi Manufacturing Center, the experience of intelligent manufacturing is coming: the integrated robot cluster is orderly, the ultrasonic equipment is accurately inspected, and a Hongqi car "drives" to the market every minute. "Through data sensing, every detail here will be’moved ‘to the virtual’twin factory’, which will improve the quality and efficiency of production and provide support for innovation," Xiu Junyi, deputy general manager of Hongqi Manufacturing Center, told reporters.

  It is a factory and a data platform; it is production and supply chain management. With advanced manufacturing as the driving force, we will continue to transform to high-end, intelligent and green.

  Take the "steering wheel" of the industry and firmly promote the strategic layout.

  "Two All" – On the occasion of the 70th anniversary of the establishment of the factory, the Hongqi brand announced that all investment in technological innovation will be used for new energy vehicles, and all new production capacity will be used for new energy vehicles.

  Established new energy development institute, intelligent network development institute, etc., forward-looking reserve the technical direction of the next ten years, and build independent and controllable core capabilities; in the next three years, 15 Hongqi new energy intelligent products will be launched intensively, covering all market segments; by 2025, FAW new energy vehicle sales will reach 1.45 million, and Hongqi brand will exceed 500,000…

  "This is the core track of industrial development." Qiu Xindong, general manager and deputy party secretary of China FAW, said that by fighting the tough battle of new energy transformation, it is necessary to drive the all-round transformation of enterprises from concept to operation.

  Strengthen its own brand and accelerate its integration into the global industrial landscape.

  Recently, at the railway port of Changchun Xinglong Comprehensive Bonded Zone, new Hongqi cars were packed in an orderly manner and set sail for Europe. Riding the "wave" of new energy vehicles going to sea, the Hongqi brand accelerated "going out" – from January to June, the export of 5003 vehicles was completed, an increase of 172% year-on-year.

  "We want to break the outdated concept that Chinese brands are’cheap ‘," Yang Dayong, chairperson of FAW Import and Export Co., told reporters that Hongqi has chosen foreign developed regions as its target market from the beginning, and has opened up sales channels in 17 countries including Saudi Arabia and Norway. "If the Middle East and European markets can do well, it means that it can establish a high-end image in the global market."

  The combination of headlights that symbolizes the round sky and the grille design that symbolizes the mountains and waterfalls… The Hongqi brand, which contains strong oriental aesthetics and Chinese culture, has accelerated its entry into the international market and has also entered the homes of ordinary people.

  After 300,000 consecutive "barriers", domestic sales are expected to exceed 400,000 this year.

  "Hongqi used to be regarded as a’national car ‘, but today we want to make it a’national car’," Mr. Qiu said. Hongqi needs to become younger, more fashionable, more technological and move up the value chain. "We have brand confidence and cultural confidence!"

  Coming from the horn of war on the black land, FAW has marked the entire development process of the automobile industry in New China.

  70 years of prosperity, with self-made indomitable progress, difficulties in the face of thousands of tempering, generation after generation of autobots passed down the fighting spirit, condensed into the Chinese auto industry unremitting forward power source.

  Today, our country has grown from a country with a lack of industry to the world’s largest automobile producer and consumer. From "bringing in" to "going out", China has contributed to the electric transformation of the global automobile industry.

  Don’t forget the blue strands when you come, and move forward without fear of wind and rain. On the journey from an automobile power to an automobile power, we will unswervingly promote high-quality development, and China’s automobile industry will move forward all the way!

    Xinhua News Agency, Changchun, July 14

?

Andy Lau, Wang Junkai, and Wang Yibo’s new works are unveiled, and the Chinese film market is very lively


1905 movie network feature "Old Drama Bones" Andy Lau, Koo Tianle, and Zhang Jiahui have joined forces to make Hong Kong films again. The "new generation" Wang Junkai, Wang Yibo, and Wang Yuan have bravely challenged themselves on the screen. Chen Sicheng and Ning Hao not only have new directors’ works exposed, but also their projects as producer support have also appeared one after another…


On the second day of the 24th National Film Promotion Conference, many well-known film companies such as Maoyan Film, Bona Film, Huayi Brothers, Ali Film, Beijing Wonderful, Wanda Cinemas (in the order of appearance) took turns to appear, and one after another wonderful masterpieces were exposed. Surprise after surprise, star-studded. The Film Channel Financial Media Center specially launched the live broadcast of "Assemble! Chinese Movies – Directly Hit the 2023 China Hengdian Film and Television Festival" to record the whole process and directly hit the grand occasion.


What new films are worth looking forward to in the future? Let’s take a look!


Hong Kong star shines

Andy Lau "Double New Year’s Eve"  Zhang Jiahui"Burst Point."file setting


Andy Lau’s attitude as a model worker did not decrease. He starred in "Goldfinger", "Stealth", "Mr. Red Carpet", "Eastern Wall Street" and "Crisis Route" at the promotion meeting. The latter two are expected to meet the audience next year.


"Goldfinger" has been set for December 30. Tony Leung and Andy Lau ushered in the "Union of the Century" after 20 years.According to the film, both characters have prototypes, one is a legendary figure who earns 10 billion with 100 yuan of principal by virtue of wisdom, and the other is a stubborn police officer who spends 200 million yuan and spends fifteen years looking for the truth. The film is by"Infernal Affairs."directorZhuang WenqiangDirected, it lifted the black veil of Hong Kong’s golden age.



"Stealth" will also be released on New Year’s Eve (December 29). Police and bandits fight, undercover stealth, the film’s selling point is the "dark web" element, and drugs are secretly sold through the Internet. Andy Lau volunteered to play the villain after 16 years. The police team that arrested him consisted of Lin Jiadong, Ren Dahua and Peng Yuyan.



Another "model worker", Zhang Jiahui, also kept moving.At the promotion meeting, the crime action movie "Burst Point" was officially announced on December 8.Lin ChaoxianHe served as a producer for the first time and cooperated with Zhang Jiahui again after 9 yearsThe Mekong River InitiativeThen re-explore the theme of police crime.


The film focuses on the "hardcore" Hong Kong style, with the anti-drug as the entry point, and the action drama punches to the flesh. Chan Weiting will challenge a new role and play on the same stage as Zhang Jiahui, and Liang Luoshi, who has not been seen for a long time, will also appear in the film.



Two other crime-themed films, "Angry Tide" and "Rebirth," also starring Zhang Jiahui, focus on raw and hot. Both films are the work of Ma Yuke’s transformation director, and Zhang Jiahui and Ethan Ruan are partners. "Angry Tide" has been named "New Order" and "True Color". The script has been refined for eight years and is expected to be released this year. "Rebirth" is scheduled to be released next year.



The full lineup of "The Guardian" was exposed. Gu Tianle joined hands with Peng Yuyan, and Lin, Zheng Zeshi, Zhou Xiuna, Hong Jinbao, Lin Baoyi, etc. escorted the film. The film started in August this year.



The crime comedy "Temporary Robbery" starring Guo Fucheng, Lin Jiadong and Ren Xianqi has been set for release on January 19 next year.



Famous new works

Chen SisincereGao QunshuPickMaijianovel

Ning HaoGuan HuRetrieve "Good Show"


The creative enthusiasm of the backbone of Chinese film continues unabated.


"Decoded," directed and written by Chen Sicheng, has been announced for release in 2024. Adapted from the novel of the same name by Mai Jia, the film tells the story of China’s nuclear program in the last century being strangled by the US hegemony, and Rong Jinzhen is involved in a thrilling Sino-US password war.


Liu Haoran once again collaborated with Chen Sicheng to play the mathematical genius Rong Jinzhen, looking forward to more official announcements of the cast.



Also adapted from Mai’s novel of the same name, Gao Qunshu finally released "The Wind" sister book "The Tip of the Knife". The story takes place in Nanjing in 1940. Zhang Yiyu plays a double agent in the film. In terms of shooting time, "The Tip of the Knife" predates "On the Cliff" and is the first spy movie he starred in.



"Mr. Red Carpet" directed by Ning Hao is about to brave the New Year. Ning Hao plays the director and Andy Lau plays the star. The two make movies in the movie and brave the film festival. "Liu Weichi" played by Andy Lau is the "collective" of Andy Lau + Tony Leung + Stephen Chow. Spicy comments on entertainment circles, bold open wheat. Ning Hao Andy Lau joins hands to play absurd comedy.



Chen Kexin has no new works since "Winning" in 2020, and "Sauce Garden Lane" directed by him and starring Zhang Ziyi is about to start


Director Guan Hu’s new work "Dog Array" is also officially announced this time, and is expected to meet the audience next year. This is his new work independently directed after "800". The film starred Peng Yuyan, Tong Liya, Jia Zhangke, Zhang Yi and others



Dong Runnian launched a new work "The Annual Meeting Can’t Stop!" after "The People Captured by Light" in 2019. Dapeng Baike has developed a new track for workplace comedy, focusing on "migrant workers"


Xin Yukun, director of "Heart Labyrinth" and "Breaking Silent", turned the camera on "Hot Search" after 6 years, and Zhou Dongyu premiered as a working woman. Xin Yukun joked that Zhou Dongyu and the other two men in the movie did not have any emotional entanglements.



Young directors explore realism

wear inkFavors non-fiction

Liu JiangjiangYin RuoxinAdapt a true story


Famous directors act as "gatekeepers" for young directors, and Chinese filmmaking is continuing the tradition of "hand-holding". This year’s young directors are quite delicate, and almost all of their new works are devoted to real-life themes.


Produced by Chen Sicheng and directed by Dai Mo, "The Three Battalions" is adapted from the documentary "Please tell the director that the mission of the Three Battalions has been completed". The script was written by Zhang Ji and tells the story of Cheng Bing, the captain of the criminal investigation brigade, who was sentenced to prison for the accidental death of one of the suspects in the process of handling a vicious case. After his release from prison, he still persisted in pursuing the murderer.



In promoting the film, Chen Sicheng said with a smile that in "Three Brigades", the creators of the series "Beijing Love Story" (Zhang Yi, Li Chen, etc.) can be seen reuniting after a decade. There is a scene in the movie that is the same as "Northern Ireland".The film was previously announced as the closing film of the 36th China Golden Rooster Hundred Flowers Film Festival.


A death row inmate is "freed" by an earthquake accident. With only 24 hours to live, will he escape or save others?Xiao YangandYungastarringSafe in and out.Yes"Life Events"directorLiu JiangJiang’s new film, a combination of disaster elements and realistic themes, is based on true events and is expected to be released next year.



Adapted from the true story of the "Wandering Brothers," "My Sister" director Yin Ruoxin also brought a new realist work "Wild Children." The film explores the social issue of "factual orphans," where the "thief" brother and the "orphan" brother depend on each other. Wang Junkai will have a subversive performance in the film.



Liu Bowen’s directorial debut, Laifu Hotel, is expected to be released next year. The film, produced by Han Sanping and starring Huang Xuan and Liu Yan, is expected to be released next year.


"Laifu Hotel" is actually a hotel for patients next to the hospital. Guests will not hear "welcome" when they arrive, but "get well soon". The promoter said that this is a movie about life and death, and it is very human.


Another young director’s production by Han Sanping is Zhang Dapeng’s "Priceless Treasure", the opening film of the 36th China Golden Rooster and Hundred Flowers Film Festival. Zhang Yi once again plays the little character, hand in hand with Pan Binlong as the "old father".



Ning Hao’s Bad Monkey project has achieved remarkable results, and his newcomer director, Prince Zhao, has also filmed an absurd comedy "Second-Hand Masterpieces". Yu Hewei’s partner, Guo Qilin, has been released on October 27.



Also released on the same day was "One and Four," the first feature film produced by Wanma Tseden and directed by "post-95" director Seiki Kumi. Kumi’s road romance film "Tibetan White Paper" is expected to be released next year.


Singer Guangliang is about to cross over as a new director, and "Unfinished Fairy Tales", an adaptation of his golden song "Fairy Tales", will start in the first half of next year.


Song of Youth

Wang YiBo Wangyuan interprets the fearless spirit

Zhang ZifengHu XianxuPremiere Couple


The first announcement of "Peacekeeping Riot Squad" shows Huang Jingyu and Wang Yibo wearing blue helmets and fully armed, as peacekeeping police officers in danger. Wang Yibo plays the role of peacekeepers with a spirit of sacrifice.



"Revolutionaries" director Xu Zhanxiong’s new film, titled "Fire Thief," is a youth spy film starring Wang Yuan, Zhang Xueying and Liang Jingkang. It tells the story of a group of ordinary teenagers who complete impossible tasks in the torrent of the times. It is expected to be released in the first half of next year.



The original series of the same name co-created, starring Qu Chuxiao and Zhang Jianing, "Twinkle, Twinkle" and "Travel Through the Moon" starring Zhang Zifeng and Hu Xianxu, which focus on romantic feelings and compose youth love songs together.


Costume drama

"Dunhuang Heroes"See you next year 

"Sea of Samen" refers to next yearsummer vacation


The epic mythological masterpiece "Sealed God Part 1" has set off a movie-watching craze this summer. In the future, there will also be two costume blockbusters, "Sea of Shamen" and "Dunhuang Heroes", waiting to be released.


"The Gate of the Sand Sea" officially announced the full lineup at the promotion meeting. The film starred Deng Chao, Rong Zishan and Yang Zishan, and starred Huang Xiaolei and Gao Weiguang.



"Dunhuang Heroes" is a collaboration between Cao Dun and Ma Boyong following the drama "Twelve Hours in Chang’an". The film was filmed in Xinjiang for more than 3 months, striving to write a new chapter in the aesthetics of the Western Regions of the Tang Dynasty.



The other two period films based on Super IP are also worth looking forward to.


One is "Dream of Red Mansions: Golden and Jade Fate" directed by Hu Mei. The highlight of the film is that all the actors are "new faces" from the audition, and all the dialogue corresponds to the original book.



The second is the movie version of "Hua Qiangu", with Chen Turin playing Hua Qiangu and Li Chengbin playing Bai Zihua. The promoter said: The movie version made up for some of the regrets that the drama version did not shoot, and a fight scene took 14 days.



Female Power

Haiqingrecommend"I was originally a mountain."

"Playing Alone" is expected to be released next year


Female filmmakers stand alone, and the female power on the screen cannot be ignored.


"I was originally a mountain" based on Zhang Guimei’s deeds, starring Haiqing confessed at the promotion meeting that she was inspired by the spirit of Zhang teacher and hoped to bring her story to the screen.


She described Mr. Zhang as having a diamond-like personality and a multi-faceted image: "Like a mother, like a daughter, like a little girl." Previously, the character’s shape was exposed, and Haiqing highly restored Zhang Guimei to high praise.



"If you could trade your life for your life, heaven would be full of moms."


"Saving the Suspect" is directed by Zhang Mo, and Zhang Xiaofei and Hui Yinghong are portrayed as mothers who love to fight back. It is a crime film with women as the protagonists. According to Zhang Mo, the highlight of the film is not only the layers of reversals, but also the delicate emotions conveyed.



"Looking for Her" is equally delicate and moving, showing the strong and independent side of women. After the accidental loss of her daughter, the peasant woman played by Shu Qi still bravely pursued herself in the face of family doubts and worldly prejudice.



In addition, Hui Yinghong and Liu Haocun’s "Brilliant Her" is a remake of the Korean film "Grandma Ji Chun"; "I Love Dunhuang" is based on the experience of Chinese character Fan Jinshi guarding Dunhuang in 2019 and will be finalized in the near future; "Playing Alone" based on the struggles of Chinese tennis star Li Na is expected to be released next year.


Hilarious Comedy & Hit Sequel

Ding ShenglikeYang MiAmazing performance

"Lion Boy 2"The original team returns


Ding Sheng made another comedy "There is no such thing as a hot pot that cannot be solved". He admitted that there is a new attempt this time, and especially praised Yang Mi for bringing a new performance, which is very amazing.


Yu Qian and Liang Jiahui teamed up for the crime action comedy "Old Jianghu," in which grassroots veterans outsmart financial predators. The film’s filmmakers said the film "has a high proportion of action." "What’s in the Zoo?" features Baober hand-in-hand with "Comedian" Chang Yuan, Jia Bing, and Wei Xiang, performing strange stories in the zoo.



In terms of sequels, "Still Think You’re the Best 2" and "Lion Boy 2" were both created by the original cast. The "Lion Boy" spin-off short and medium-sized drama has been completed, and the musical of the same name will start in January next year.


After reading these introductions, which movie are you most looking forward to?


The Kechuang 50ETF option was listed on June 5. What does the "three questions and three answers" mean to investors? The latest interpretation of head fund managers

  Science and technology innovation board’s first derivative will be listed soon, which is also the first on-site option variety linked to the Science and Technology Innovation 50 Index in China. Its successful listing will achieve a breakthrough of zero ETF options in the Shanghai and science and technology innovation board markets.

  The Shanghai Stock Exchange issued a notice on "Matters Related to the Listing and Trading of Kechuang 50ETF Options on Shanghai Stock Exchange" and decided to list and trade Kechuang 50ETF Options on June 5, 2023. It is understood that the Shanghai Stock Exchange will list the corresponding Huaxia Kechuang 50ETF option contract and Yifangda Kechuang 50ETF option contract according to different contract types, expiration months and exercise prices. The expiration months of the first listed option contracts are June, July, September and December 2023. According to the price setting of science and technology innovation board stock, the price parameter of Kechuang 50ETF option is adaptively adjusted to 20%.


  As the first financial risk management tool listed in science and technology innovation board, Kechuang 50ETF option is highly concerned by investors. What is the significance of the launch of Kechuang 50ETF option, and what does this mean for investors?Director of quantitative investment department of Huaxia Fund and fund manager of Kechuang 50ETF(588000) were awarded.It is said to the financial sector that the launch of Kechuang 50ETF option undoubtedly provides an effective risk management tool for the market, which indicates that China’s stock option market has entered a new era of registration system and entered a "fast track" development stage. The specific positive impact can be observed from the following aspects:


  First, improving the quality of science and technology innovation board market and the pricing efficiency of science and technology innovation board spot market will help to stabilize the fluctuation of science and technology innovation board spot market.


  Secondly, it provides effective risk management tools for science and technology innovation board investors, helps them to manage spot risks more effectively, enriches investment strategies, enhances the attractiveness of science and technology innovation board, and thus attracts more long-term capital to flow into science and technology innovation board.


  Third, provide effective risk hedging tools for market makers in science and technology innovation board, reduce the inventory risk of market makers, give full play to the functions of market makers in science and technology innovation board, and thus improve the liquidity of science and technology innovation board.


  For investors, winning also suggests that it is also necessary to be cautious to participate in the trading of new options.


  Take a brief look at the two upcoming listings.Kechuang 50ETF option contract varieties


  The target of Huaxia Kechuang 50ETF option contract is "Huaxia SSE science and technology innovation board 50-Component Trading Open Index Securities Investment Fund", the underlying securities are abbreviated as "Kechuang 50", the securities expansion is abbreviated as "Kechuang 50ETF", the securities code is "588000", and the fund manager is Huaxia Fund Management Co., Ltd.


  The target of E Fund’s Kechuang 50ETF option contract is "E Fund SSE science and technology innovation board 50-Component Trading Open Index Securities Investment Fund", the underlying securities are abbreviated as "science and technology innovation board 50", the securities expansion is abbreviated as "Kechuang 50ETF E Fund", the securities code is "588080", and the fund manager is E Fund Management Co., Ltd.


  ETF option is a complex derivative product with leverage effect, and science and technology innovation board also has certain investor suitability requirements. Individual investors should be rational when they participate in the trading of 50ETF options, enhance their awareness of risk prevention, establish a correct investment concept, and make independent investment decisions prudently according to their own judgments. The emergence of Kechuang 50ETF option represents a significant improvement of science and technology innovation board’s "Strong Kechuang" characteristics.


  Since 2019, when the CSRC issued the "Implementation Opinions on Establishing science and technology innovation board and Pilot Registration System in Shanghai Stock Exchange", the introduction of science and technology innovation board and Registration System has become a major reform action to serve scientific and technological innovation enterprises, enhance market inclusiveness and strengthen market functions. The goal of science and technology innovation board is to provide services for scientific and technological innovation enterprises that are in line with the national strategy, break through key core technologies and enterprises with high market recognition. These enterprises mainly focus on the new generation of information technology, high-end equipment, new materials, new energy, energy conservation and environmental protection, biomedicine and other high-tech industries and strategic emerging industries. The existing three options of SSE 50ETF, CSI 300ETF and CSI 500ETF are mainly focused on the main board stocks, and the newly added Kechuang 50ETF option will better cover the science and technology innovation board market.


  The data shows that since the establishment of science and technology innovation board in 2019, by the end of April 2023, there were 519 listed companies with a total market value of 6.65 trillion yuan, and the scientific and technological innovation attribute of the sector continued to strengthen. Of course, science and technology innovation board’s high risk and high volatility also make investors face huge investment risks. In this context, the launch of Kechuang 50ETF option undoubtedly provides an effective risk management tool for the market.


  After the launch of Kechuang 50ETF option, the ETF option market will form a comprehensive coverage of risk characteristics such as blue chip, small and medium-sized market value and entrepreneurial innovation, and further improve the domestic on-site option product system. Investors can use ETF option tools to build refined risk management strategies such as index income enhancement and tail risk protection. Kechuang 50ETF option will fit different investors’ income expectations and risk preferences and match diversified wealth management needs. At the same time, investors also need to pay attention to the risk of option investment, which requires certain professional knowledge and risk management ability. Only in this way can investors make full use of Kechuang 50ETF options, achieve investment objectives and promote the sustainable development of science and technology innovation board.


  According to Rong Rong, Kechuang 50ETF(588000) is the largest and most liquid index product tracking science and technology innovation board on the market at present, with the scale exceeding 65 billion yuan by the end of May. Since listing, the band features are obvious, which is in line with the characteristics of high flexibility and high fluctuation of scientific and technological innovation enterprises. It is more suitable for investors with certain investment experience to operate the band in the secondary market, and can also be used as a medium-and long-term fixed investment variety off-site.


  Q&A


  What is the Kechuang 50ETF option?


  The Science and Technology Innovation 50ETF option of Shanghai Stock Exchange is a financial derivative launched by Shanghai Stock Exchange, which aims to provide options trading services for technological innovation 50ETF.


  Kechuang 50ETF Index is a portfolio of listed companies in science and technology innovation board market, and the top 50 technological innovation companies listed in science and technology innovation board market in China constitute this portfolio. Kechuang 50ETF option is an option contract, which allows the holder to buy or sell shares of Kechuang 50ETF at a certain price on the option exercise date.


  The trading unit of Kechuang 50ETF option is 100 shares, and the minimum change unit of option contract is 0.001 yuan. Option contract type: European option. European options can only be exercised on the expiration date, while American options can be exercised before or on the expiration date.


  What are the top ten constituents of science and technology innovation board 50-component index?


  SMIC, Jinshan Office, Zhongwei Company, Trina Solar, Lanqi Technology, Cambrian, Central Control Technology, Voice Holdings, China Resources Micro, and Western Superconductor. The proportion of the top ten is relatively average, and the main industries are manufacturing, information transmission, software and information technology services.


  What are the advantages and disadvantages of Kechuang 50ETF option?


  1. Don’t worry about selling your stocks too early or too late.


  To provide insurance for the underlying assets held by investors, when they hold spot stocks, they have already made book profits, but they are not optimistic about the market outlook at first. When they want to avoid the risk of loss caused by falling stock prices, they can buy put options as insurance without worrying about selling their spot stocks too early or too late.


  The royalties paid by investors are equivalent to the premiums paid. By the same token, when we are uncertain about the market trend, we can buy call (call) options first to avoid the risk of stepping on the air, which is equivalent to protecting the cash in hand.


  2. Reduce the cost of stock purchase.


  We can sell put (put) options with lower exercise price and lock in a lower purchase price for the stock (that is, the exercise price is equal to or close to the price of the stock we want to buy). If the stock price is above the exercise price at the expiration date, the option will generally not be exercised, and we can earn the royalties from selling the option. If the stock price is lower than the exercise price on the expiration date and the option is exercised, we can buy the specified stock at the exercise price originally locked, and the actual cost is reduced due to the income from royalties.


  3. Options can effectively master risk control.


  The nonlinear characteristics of option risk-return theoretically ensure that the income of buying options is infinite but the risk is relatively limited. Although the winning rate of the buyer who makes options is low, it is also an indisputable fact that each loss is limited to the option fee.


  4. Options can increase the potential income.


  When doing fund management, we usually set positions based on losses. If the unit risk is relatively large, our positions will be reduced accordingly, which will reduce our potential income space. If we use options to realize this strategy, because the maximum loss is limited to the option fee, the positions can be opened more fully accordingly, and the potential income will be larger.


  Advantages of kechuang 50ETF option trading:


  1. Unique profit and loss structure Compared with investment tools such as stocks and futures, options are different in their nonlinear profit and loss structure.


  For the long position of futures, the loss of the position will increase by one yuan every time the price rises by one yuan and the price falls by one yuan. For short positions in futures, the opposite is true.


  2. Shortcomings and risks of option trading: In option trading, the rights and obligations of buyers and sellers are different, which makes buyers and sellers face different risk situations.


  For option traders, both the buyer and the seller are faced with the risk of adverse changes in royalties. This is the same as futures, that is, within the scope of royalties, if you buy low but sell high, you can make a profit by closing your position. On the contrary, it is a loss.

Award-winning publicity of the first socialist core values theme microfilm (micro-video) collection and exhibition activity in Guizhou Province

 

In order to cultivate and practice the socialist core values, the Propaganda Department of Guizhou Provincial Party Committee, the Network Information Office of Guizhou Provincial Party Committee and Guizhou Provincial Radio and Television Bureau jointly hosted the first collection and exhibition of the theme micro-film (micro-video) of socialist core values in Guizhou Province. After the initial evaluation, re-evaluation and final evaluation, the list of winning works and organizational awards will be publicized.

 

Publicity time: December 19th to December 25th, 2023.

 

Tel: 0851-85377537,

 

0851-85893109 (fax)

 

Email: shzyhxjzg2023@126.com

 

If you have any objection during the publicity period, please reflect it in writing and provide relevant supporting materials. Reflect the situation must be objective and true, materials that reflect the situation in the name of the unit need to be stamped with the official seal of the unit, and materials that reflect the situation in the name of individuals should be real names and provide effective contact information.

 

Attachment: List of Award-winning Works and Organization Awards of the First Socialist Core Values Theme Microfilm (Microfilm) in Guizhou Province

 

First prize (2 movies in total, 1 micro-movie and 1 micro-video)

 

 

Second prize (4 movies, 2 micro movies and 2 micro videos)

 

 

Third prize (6 movies, 3 micro movies and 3 micro videos)

 

 

Excellence Award (8 movies, 4 micro movies and 4 micro videos)

 

 

Outstanding Organization Awards (8)

 

 

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Source: Dynamic Guizhou

 

Editor: Liu LuEditor: Zhou Ning Editor: Xu Fei