Lin Lu left the country for Lianan New Selected Mixed Fund.

　　Yesterday, Guolian ‘an Fund Management Co., Ltd. announced that Lin Yun left Guolian’s new selection and mixing.

　　According to the data, Lin Lu worked as an analyst in the Institute of Guojin Securities Co., Ltd. from April 2011 to November 2014. In December 2014, he joined Guolianan Fund Management Co., Ltd. and successively served as researcher, assistant fund manager and fund manager.

　　Guolian Anxin Select Mix was established on March 4, 2014. As of August 31, 2022, the fund’s rate of return this year was -3.60%, and the rate of return since its establishment was 85.00%, with a cumulative net value of 1.7557 yuan.

　　Hongyi Yuanfang Fund appointed Ding Wang as Chief Information Officer and Zhang Jin as Deputy General Manager.

　　Today, Hongyi Yuanfang Fund Management Co., Ltd. announced that Ding Wang was appointed as the chief information officer; Zhang Jin is the deputy general manager.

　　According to the data, Ding Wang joined Hongyi Yuanfang Fund Management Co., Ltd. on July 1, 2022. Before joining Hongyi Yuanfang Fund Management Co., Ltd., he served as chief information officer and director of operation management department of Honeycomb Fund Management Co., Ltd., director of information technology department of Huachen Future Fund Management Co., Ltd., head of operation department of Ping An Russell Investment Management (Shanghai) Co., Ltd. and information technology manager of Xingzheng Global Fund Management Co., Ltd.

　　Zhang Jin joined Hongyi Yuanfang Fund Management Co., Ltd. on February 7, 2022. Before joining Hongyi Yuanfang Fund Management Co., Ltd., he served as deputy general manager and chief investment officer of Huatai Baoxing Fund Management Co., Ltd., general manager of investment management department, general manager of fixed income investment department, securities investment director of Huatai Asset Management Company, fund manager of Huaxia Fund Management Co., Ltd., and manager of self-operated business department of fund operation center.

　　Zhang Jin currently manages Hongyi Yuanfang State-owned Enterprise Transformation and Upgrading Mix A and Hongyi Yuanfang State-owned Enterprise Transformation and Upgrading Mix C. The fund was established on October 31, 2018 and September 10, 2021, respectively. As of August 31, 2022, the rate of return of the fund this year was -22.40% and -22.66%, and the rate of return since its establishment was 64.14% and -15.85%.

　　The first phase photovoltaic power generation project in Fukushima, Japan, a subsidiary of Shanghai Electric Power Company, was put into operation.

　　() Announcement: Recently, the Fukushima Phase I 76.5 MW photovoltaic power generation project invested and constructed by Shanghai Electric Power Japan Co., Ltd., a wholly-owned subsidiary of the company, was officially connected to the grid for power generation.

　　With a capacity of 76.5 MW, the project successfully passed the grid-connected test on August 27, 2022, and passed the inspection of the Ministry of Economy, Trade and Industry of Japan on September 1, and was officially connected to the grid for power generation. After putting into production, it is estimated that the average annual power generation will be 82.0617 million kWh, and the on-grid tariff including tax will be 44 yen/kWh. The commissioning of the first phase of Fukushima project is a good practice for the company to deepen the Japanese new energy market and participate in clean energy in developed countries, which is of positive significance for the company to further accelerate the clean and low-carbon transformation and achieve high-quality development.

　　Tongkun shares have been repurchased by 1.44%, with a total cost of 575 million yuan.

　　() Announcement was issued. As of August 31st, 2022, the company has repurchased 34,746,700 shares by centralized bidding, accounting for 1.4411% of the company’s total share capital. The highest purchase price was 18.00 yuan/share, and the lowest price was 13.90 yuan/share, with a total turnover of 575 million yuan.

　　Shanghai Electric Power: The first phase photovoltaic power generation project in Fukushima, Japan was put into operation.

　　Shanghai Electric Power announced on the evening of September 1 that recently, the 76.5 MW photovoltaic power generation project in Fukushima Phase I, which was invested and built by the company’s wholly-owned subsidiary, Japan Company, was officially connected to the grid for power generation. After the project is put into production, it is estimated that the average annual power generation will be 82,061,700 kWh, and the on-grid tariff including tax will be 44 yen/kWh.

　　Jinqiao Information spent RMB 32,822,900 to buy back 1.04% of the shares.

　　() Announcement was issued. By August 31st, 2022, the company had bought back 3,833,200 shares by centralized bidding, accounting for 1.04% of the company’s total share capital. The highest transaction price was RMB 9.60/share, the lowest transaction price was RMB 6.58/share, and the total paid funds were RMB 32,822,900 (excluding stamp duty, transaction commission and other related expenses).

　　Energy-saving wind power is allowed to issue green corporate bonds of no more than 2 billion yuan.

　　() Announcement. On August 31, 2022, the company received the Reply of China Securities Regulatory Commission on Agreeing to the Registration of China Energy Saving Wind Power Co., Ltd. to Publicly Issue Green Corporate Bonds to Professional Investors, and agreed to the company’s application for registration of publicly issuing green corporate bonds with a total face value of no more than 2 billion yuan to professional investors.

　　Huamao Technology has repurchased 1,997,700 shares at a cost of 56,411,100 yuan by the end of August.

　　() Announcement: As of August 31, 2022, the company has repurchased 1,997,700 shares of the company, accounting for 0.65% of the company’s total share capital. The highest price of the repurchase transaction is 30.49 yuan/share, and the lowest price is 25.00 yuan/share, with a total turnover of 56.411 million yuan (excluding transaction fees such as stamp duty and trading commission).

　　Aopu Home has repurchased 1.7556% of the shares and spent a total of 61,831,600 yuan.

　　() Announcement was issued. By August 31st, 2022, the company had repurchased 7,101,200 shares, accounting for 1.7556% of the company’s total share capital. The highest repurchase price was 10.02 yuan/share, and the lowest price was 7.82 yuan/share, and the total amount paid was 61,831,600 yuan.

　　Energy-saving wind power: the public offering of green corporate bonds was approved by CSRC.

　　Energy-saving wind power announced on the evening of September 1, the company received the approval from the China Securities Regulatory Commission, agreeing to the company’s registration application for publicly issuing green corporate bonds with a total face value of no more than 2 billion yuan to professional investors.

　　Zhejiang Longsheng spent 800 million yuan to buy back 2.3791% of the shares.

　　() Announcement was issued. As of August 31st, 2022, the company has repurchased 77,399,100 shares through centralized bidding, accounting for 2.3791% of the company’s total share capital. The highest price purchased is 10.68 yuan/share, and the lowest price is 9.85 yuan/share, and the total amount paid is 800 million yuan.

　　Sinopharm Hyundai: "Cefotaxime Sodium for Injection" was approved for marketing in Germany.

　　() Announcement. Recently, Dali Pharma GmbH ("Dali Pharma"), the controlling grandson of the company, received the marketing license of cefotaxime sodium for injection (0.5g, 1g and 2g) approved and issued by the German Federal Agency for Drugs and Medical Devices (BfArM).

　　It is reported that cefotaxime sodium is a third-generation semi-synthetic cephalosporin, which is generally used for infections of respiratory tract, urinary tract, bones and joints, skin and soft tissues, abdominal cavity, biliary tract, digestive tract, facial features and genitals caused by sensitive bacteria, and is also effective for infections caused by burns and trauma, sepsis and central infection.

　　Zhongkesoft spent 159 million yuan to buy back 1.1819% of the shares.

　　() Announcement was issued. As of August 31st, 2022, the company had repurchased 7,015,600 shares, accounting for 1.1819% of the company’s total share capital. The highest price of the repurchase transaction was 24.05 yuan/share, and the lowest price was 22.04 yuan/share. The total paid capital was 159 million yuan (excluding transaction fees such as commission).

　　Universal Scientific Industrial Co.，Ltd. bought back 8,175,300 shares at a cost of 104 million yuan.

　　() Announcement, the company has repurchased 8,175,300 shares of the company, accounting for about 0.37% of the company’s current total share capital. The highest price of the transaction was 14.22 yuan/share, the lowest price was 11.15 yuan/share, and the total transaction amount was 104 million yuan (excluding transaction costs).

　　Sellers: Sellers sold 10,045 vehicles in August, up 12.78% year-on-year.

　　On September 1st, the news () announced that the sales volume of new energy vehicles in August was 14,644, a year-on-year increase of 310.77%. Among them, the sales volume of Celestial vehicles was 10,045, a year-on-year increase of 1,277.91%.

　　Cyrus: In August, sales of Cyrus cars increased by 1,277.91% year-on-year.

　　Sellers announced on the evening of September 1st that the car sales in August were 20,371 vehicles, up 5.95% year-on-year. Among them, the sales volume of Celestial vehicles was 10,045, a year-on-year increase of 1,277.91%.

　　Liyuan Technology received an inquiry letter from the Shanghai Stock Exchange about the company’s application documents for issuing convertible bonds.

　　Liyuan Technology announced that on August 31st, 2022, the company received the "Inquiry Letter on Examination and Approval of Zhejiang Haiyan Liyuan Environmental Protection Technology Co., Ltd. to Issue Convertible Corporate Bonds to Unspecified Objects" issued by Shanghai Stock Exchange ("SSE"). The examination organization of SSE examined and approved the application documents submitted by the company to issue convertible bonds to unspecified objects, and formed the first round of inquiry questions, mainly involving several aspects: fundraising projects, financing scale and income calculation, and operating conditions (.

　　ST Panwei has repurchased 4.048 million shares at a cost of 147 million yuan.

　　() Announcement was issued. As of August 31st, the company had bought back 4.048 million shares by centralized bidding, accounting for 1.55% of the company’s total share capital. The highest transaction price was 4.135 yuan/share, the lowest transaction price was 30.75 yuan/share, and the total paid capital was 147 million yuan.

　　Xin Fengming spent 175 million yuan to repurchase 15,552,100 shares.

　　() Announced that from the start date of this repurchase to August 31, 2022, the company has repurchased 15,552,100 shares, accounting for 1.02% of the company’s total share capital, with the highest price of 12.61 yuan/share and the lowest price of 9.29 yuan/share, and the amount paid is 175 million yuan (excluding commission, transfer fees and other transaction costs).

　　The cumulative repurchase of 1.50% shares in 800 million time and space cost 59.9949 million yuan.

　　It was announced in 800 million hours. As of August 31, 2022, the company has repurchased 1,451,700 shares of the company through the trading system of Shanghai Stock Exchange by centralized bidding, accounting for 1.50% of the company’s total share capital. The highest price of the repurchase transaction is 44.15 yuan/share, and the lowest price is 35.41 yuan/share. The total amount of funds paid is 59,994,900 yuan (excluding transaction fees such as stamp duty and trading commission)

　　Baolande bought back 1.90% of the shares at a cost of 49.4443 million yuan.

　　Baolande announced that as of August 31st, 2022, the company had repurchased 1,063,100 shares of the company through the trading system of Shanghai Stock Exchange by centralized bidding, accounting for 1.90% of the company’s total share capital. The highest price of the repurchase transaction was 55.40 yuan/share, and the lowest price was 41.24 yuan/share. The total amount of funds paid was 49,444,300 yuan (excluding stamp duty, trading commission and other transactions)

　　By the end of August, Chunqiu Electronics’ repurchase ratio reached 1.36%, costing 59.99 million yuan.

　　() Announcement: As of August 31, 2022, the company has repurchased 5,986,700 shares, accounting for 1.3635% of the company’s total share capital. The highest price purchased is 11.44 yuan/share, and the lowest price is 9.11 yuan/share. The total amount paid (transaction amount) is 59,988,500 yuan.

　　The AITO series delivered 10,045 vehicles in August, and the monthly delivery exceeded 10,000 for the first time.

　　IT House reported on September 1 ST that this afternoon, Sailis (formerly Xiaokang) issued an announcement, revealing the company’s production and sales data in August 2022.

　　According to the announcement, there were 14,644 new energy vehicles in August, a year-on-year increase of 310.77%. Among them, the sales volume of Celestial vehicles was 10,045, a year-on-year increase of 1,277.91%.

　　In terms of output, Sailis Group produced 14,969 new energy vehicles in August, a year-on-year increase of 294.96%; Among them, the output of Celestial vehicles was 10,289, up 683.03% year-on-year.

　　The IT House understands that this also means that the delivery volume of AITO series in August reached 10,045 vehicles, and the monthly delivery volume exceeded 10,000 for the first time.

　　Among them, AITO Wenjie M5 officially started delivery to users on March 5, and WLTC has a battery life of over 1,000 kilometers. On August 24th, the delivery of the second model of Wenjie brand, Wenjie M7, was officially started, and it took only 51 days from listing to delivery.

　　In addition, the M5EV, the first pure electric vehicle in AITO, will also be officially released on September 6th.

　　Sinopharm Modern: Cefotaxime Sodium for Injection was approved for overseas listing.

　　On September 1st, Sinopharm announced that DALI Pharma, the controlling grandson of the company, received the marketing license of cefotaxime sodium for injection (0.5G, 1g, 2g) approved and issued by the German Federal Agency for Drugs and Medical Devices.

　　The cumulative repurchase ratio of Liantai Environmental Protection reached 1.26%, costing 47.1127 million yuan.

　　() Announcement: By the end of August, 2022, the company had repurchased 7,380,700 shares, accounting for 1.26% of the company’s total share capital. The highest price purchased was 6.91 yuan/share, and the lowest price was 5.68 yuan/share, and the total amount paid was 47,112,700 yuan (excluding transaction costs).

　　Huge group: 253 million shares of the company held by the original controlling shareholder will be auctioned.

　　() It was announced on the evening of September 1st. Recently, it received a notice from Beijing No.3 Intermediate People’s Court that in the case of civil execution between CDB Securities and Pang Qinghua, the former controlling shareholder of the company, and Tangshan Jidong Material Trade Group Co., Ltd., Beijing No.3 Intermediate People’s Court will dispose of 253 million shares of Pang Qinghua’s huge group stock, which will last from 10: 00 am on September 26th to 10: 00 am on September 27th, 2022 (except for the delay).

　　Three Gorges new materials received 6 million yuan from the central special fund for air pollution prevention and control.

　　() Announced, the company received 6 million yuan from the central air pollution prevention and control special fund for the environmental protection upgrade of the second line of float. At present, the company has received the above-mentioned special funds totaling 18 million yuan, which is a government subsidy related to assets, and is included in deferred revenue. It is estimated that the profit in 2022 will increase by 875,000 yuan.

　　Chengdu Gas: 10% of the state-owned shares of the controlling shareholder are transferred to the Sichuan Provincial Department of Finance free of charge.

　　() It was announced on the evening of September 1st. Recently, the company received a notice from Chengtou Group, the controlling shareholder: according to the Notice of Sichuan Provincial State-owned Assets Supervision and Administration Commission of Human Resources and Social Security Department of Sichuan Provincial Finance Department on Transferring Part of State-owned Capital of Chengdu State-owned Enterprises to Enrich Social Security Fund, it was decided to transfer 10% of the state-owned shares of Chengtou Group held by Chengdu State-owned Assets Supervision and Administration Commission to Sichuan Provincial Finance Department for free, and the industrial and commercial change registration has been completed recently. The transfer of state-owned shares will not lead to changes in the controlling shareholder and actual controller of the company. The controlling shareholder of the company is still Chengtou Group, and the actual controller is still Chengdu SASAC.

　　Chengdu Gas: Chengdu State-owned Assets Supervision and Administration Commission transferred 10% equity of Chengtou Group to Sichuan Provincial Department of Finance for free.

　　Chengdu Gas announced that recently, the company received a notice from the controlling shareholder Chengdu Urban Construction Investment Management Group Co., Ltd. ("Chengtou Group"): according to the requirements of the Notice of the Provincial State-owned Assets Supervision and Administration Commission of the Human Resources and Social Security Department of the Sichuan Provincial Department of Finance on Transferring Part of the State-owned Capital of Chengdu State-owned Enterprises to Enrich the Social Security Fund, it decided to transfer 10% of the state-owned shares of Chengtou Group held by Chengdu State-owned Assets Supervision and Administration Commission ("Chengdu State-owned Assets Supervision and Administration Commission") to the Sichuan Provincial Department of Finance for free, and has recently completed

　　Before this free transfer, Chengdu State-owned Assets Supervision and Administration Commission held 100% of the shares of Chengtou Group, which held 36.90% of the shares of the company as the controlling shareholder, and Chengdu State-owned Assets Supervision and Administration Commission was the actual controller of the company. After this free transfer, Chengdu SASAC holds 90.00% equity of Chengtou Group, Sichuan Provincial Department of Finance holds 10.00% equity of Chengtou Group, and Chengtou Group still holds 36.90% equity of the company; The controlling shareholder of the company is still Chengtou Group, and the actual controller is still Chengdu SASAC.

　　Guo Weisong, an intelligent forging company, reduced its shareholding by 1%, and the reduction was completed.

　　() Announcement was issued. As of August 31, 2022, Mr. Guo Weisong reduced his holdings of 4,944,100 shares of the company through centralized bidding, accounting for 1% of the company’s total share capital. This reduction plan was completed.

　　Zhang Dongye became vice chairman and general manager of Deye Co., Ltd.

　　() Announcement: The board of directors of the company recently received the written resignation of Zhang Hejun, the general manager of the company. Zhang Hejun applied to resign as the general manager of the company, and his resignation will take effect as of the date of delivery to the board of directors of the company. After resigning as general manager, Zhang Hejun still served as the chairman of the company and the chairman of the strategy Committee of the board of directors. In addition, on September 1, 2022, the board of directors of the company reviewed and approved relevant proposals, and unanimously agreed to elect Zhang Dongye as the vice chairman of the second board of directors of the company and appointed Zhang Dongye as the general manager of the company.

　　Health Yuan: GDR was issued and listed on the Swiss Stock Exchange and approved by the China Securities Regulatory Commission.

　　() On the evening of September 1st, the company recently received a reply from the China Securities Regulatory Commission, approving that the number of new A-share basic shares corresponding to the issuance of global depositary receipts ("GDR") by the company should not exceed 186 million shares. According to the conversion ratio determined by the company, the number of GDR issued should not exceed 18,615,800 shares. After the issuance, the company can be listed on the Swiss Stock Exchange.

　　Health Yuan issued GDR and listed on Swiss Stock Exchange, which was approved by China Securities Regulatory Commission.

　　Health Yuan Announcement: Recently, the company received the Reply of China Securities Regulatory Commission ("China Securities Regulatory Commission") on Approving the Initial Public Offering of Global Depositary Receipts by Health Yuan Pharmaceutical Group Co., Ltd. and Listing on Swiss Stock Exchange.

　　According to the reply, the China Securities Regulatory Commission approved that the number of newly-added A-share base shares corresponding to the issuance of Global Depository Receipts ("GDR") by the company should not exceed 186 million shares, and the number of GDR issuance should not exceed 18,615,800 according to the conversion ratio determined by the company. If the conversion ratio is adjusted, the number of GDR issues can be adjusted accordingly. After the completion of this issuance, the company can be listed on the Swiss Stock Exchange.

　　Huiyu Pharmaceutical: Azacytidine for injection was approved for marketing in Italy.

　　On September 1st, Huiyu Pharmaceutical announced that Seacross Pharma(Europe)Limited, a wholly-owned subsidiary, recently received a marketing license for azacytidine for injection from the Italian Food and Drug Administration.

　　Hokuriku Pharmaceutical set up a wholly-owned R&D subsidiary to create the second growth curve.

　　() Announced that in order to further improve the company’s R&D system, enhance its R&D strength, create a second growth curve, and realize the development goal of becoming a "Top 100 Pharmaceutical Enterprises in China", the company established a wholly-owned subsidiary Beijing Beilu Yikang Pharmaceutical R&D Co., Ltd. with its own capital of 10 million yuan. Recently, Beijing Beiliu Yikang Pharmaceutical R&D Co., Ltd. completed the industrial and commercial registration registration and obtained the Business License issued by Changping District Market Supervision Administration of Beijing.

　　The company has decided to select cardiovascular and cerebrovascular systems, digestive systems and nervous (mental) systems (chemical drugs) with large market demand as the key project areas in order to solve the clinical needs, in addition to the contrast agent field, central nervous system field (Chinese patent medicine) and endocrine field. The company set up a wholly-owned subsidiary, Beilu Yikang, and established a brand-new R&D system with R&D center and enterprise development department (BD). Three relatively independent and collaborative R&D institutions will greatly enhance the company’s R&D strength.

　　Huatie Emergency plans to jointly invest 100 million yuan with Dongyang Chengtou to set up a joint venture company.

　　() Announced that the Company and Dongyang Chengtou signed the Shareholders’ Agreement of Zhejiang Chengtou Huatie Engineering Equipment Leasing Co., Ltd. on September 1, 2022, and planned to jointly set up a joint venture company to carry out construction machinery and equipment leasing business. The registered capital of the joint venture company is 100 million yuan, of which the company has subscribed 49 million yuan, accounting for 49% of the shares, and Dongyang City Investment has subscribed 51 million yuan, accounting for 51% of the shares.

　　In order to speed up the layout of light assets strategy, the company and Dongyang Chengtou plan to jointly invest in the establishment of a joint venture company, Chengtou Huatie. With the company’s rich industry experience, perfect service network and professional talent team, combined with Dongyang Chengtou’s advantages in capital, policy and resource channels, it will build a benchmark project for light assets cooperation and achieve a win-win situation. After the establishment of the joint venture company, Dongyang Chengtou is responsible for actively raising funds, and the company is responsible for operation and management. This model effectively reduces the dependence on capital investment in the company’s development and conforms to the company’s long-term development and overall strategy.

　　Bohui Paper has repurchased 75.57 million shares at a cost of 822 million yuan.

　　() Announcement was issued. As of August 31st, the company has bought back 75.57 million shares by centralized bidding, accounting for 5.65% of the company’s total share capital. The highest transaction price was 19.62 yuan/share, the lowest transaction price was 6.70 yuan/share, and the total amount paid was 822 million yuan.

　　Xing Boyue, the actual controller of Jinhua, completed the increase of 2.33% of the shares.

　　() Announcement: From April 13th to September 1st, 2022, Xing Boyue, the company’s director and actual controller, accumulated 8,705,900 shares of the company, accounting for 2.33% of the company’s total share capital. The cumulative increase in holdings has exceeded the lower limit of the stock increase plan, and this increase plan has been implemented.

　　By the end of August, Bafang shares had repurchased 303,400 shares at a cost of 54,571,500 yuan.

　　() Announcement: As of August 31, 2022, the cumulative number of shares repurchased by the company was 303,400 shares, accounting for about 0.2522% of the total share capital. The highest transaction price was 1.9535 yuan/share, the lowest transaction price was 147.21 yuan/share, and the total turnover was 54.5715 million yuan (excluding transaction costs).

　　Kaisai Bio has repurchased 957,000 shares at a cost of 82,773,700 yuan.

　　Kaisai Bio announced that as of August 31, 2022, the company had repurchased 957,000 shares of the company through the trading system of Shanghai Stock Exchange by centralized bidding, accounting for 0.1641% of the company’s total share capital. The highest price of the repurchase transaction was 103.29 yuan/share, and the lowest price was 69.33 yuan/share. The total amount of funds paid was 82,773,700 yuan (excluding stamp duty and trading commission, etc.)

　　Antu Bio has repurchased 5,220,900 shares at a cost of 241 million yuan.

　　() Announcement was issued. As of August 31st, the company has repurchased 5,220,900 shares through centralized bidding, accounting for 0.8905% of the company’s total share capital. The highest price of the transaction was 49.92 yuan/share, and the lowest price was 42.32 yuan/share, and the total amount paid was 241 million yuan.

　　Huatie Emergency: It is planned to invest 49 million yuan to set up a joint venture company with Dongyang Chengtou.

　　Huatie Emergency announced on the evening of September 1 that the company and Dongyang Chengtou signed the Shareholders’ Agreement of Zhejiang Chengtou Huatie Engineering Equipment Leasing Co., Ltd., and planned to jointly set up a joint venture company, Chengtou Huatie, to carry out construction machinery and equipment leasing business. The registered capital of the joint venture company is 100 million yuan, of which the company has subscribed 49 million yuan, accounting for 49% of the shares. This time, a joint venture company will be established with Dongyang Chengtou, and both parties will actively explore new models of equipment leasing industry based on innovative technologies such as IOT and blockchain.

　　Xin qi Wei Zhuang: it is planned to raise no more than 825 million yuan.

　　On the evening of September 1st, Xinqi Micro-assembly announced that the total amount of funds raised by the company to issue shares to specific targets should not exceed 825 million yuan. After deducting the issuance expenses, it will be used for deepening and expanding the application of direct writing lithography equipment industry, IC carrier board and class carrier board direct writing lithography equipment industrialization projects, independent research and development projects of key subsystems and core components, and supplementary liquidity projects.

　　Weir shares: Extension of the fundraising project "Wafer Testing and Wafer Reconstruction Production Line Project (Phase II)"

　　() Announcement: The investment project "Wafer Testing and Wafer Reconstruction Production Line Project (Phase II)" raised by the company was originally planned to reach the scheduled usable state in May 2022. Recently, due to the influence of epidemic situation and other factors, the debugging progress of the company’s equipment acceptance production line slowed down, resulting in the project’s progress falling behind the original progress. Under the condition that the investment content, investment purpose, total investment and implementer of the project will not change, the date when the project reaches the scheduled usable state will be postponed. It is estimated that the "Wafer Testing and Wafer Reconstruction Production Line Project (Phase II)" will reach the scheduled usable state in October 2022.

　　Cinda Real Estate: The subsidiary intends to participate in the subscription of partnership shares to invest in a project in Wuhan area.

　　() On the evening of September 1st, it was announced that Anhui Xinda Real Estate, a wholly-owned subsidiary of the company, China Xinda, a related party of the company, and Xinda Capital, a subsidiary of the company, jointly subscribed for the share of the partnership. The total subscription scale of the partnership is 5.391 billion yuan, of which China Cinda, as a limited partner, subscribed 2.82 billion yuan, accounting for 52.31% of the partnership scale; As a limited partner, Anhui Xinda Real Estate subscribed 500 million yuan with its own funds, accounting for 9.27% of the partnership scale, and provided development and construction management services for the project. The partnership intends to invest in a project in Wuhan. As of January 24th, 2022, the appraisal value of the land involved in this investment is about 4.3 billion yuan.

　　The controlling shareholder of Swan Co., Ltd. pledged 6.461 million shares and 6.54 million shares of supply and marketing capital.

　　() Announcement was issued. On September 1, 2022, the company received the Letter of Notification from the controlling shareholder’s supply and marketing capital. The 6,461,000 shares pledged by the supply and marketing capital to Shanxi Securities Co., Ltd. (hereinafter referred to as "Shanxi Securities") expired on August 31, 2022, and the 6,540,000 shares held by the company were pledged to Shanxi Securities on September 1, 2022.

　　8.19 million restricted shares of SDIC Zhonglu will be listed and circulated on September 7th.

　　() Announced that the number of tradable shares restricted by share reform is 8.19 million shares, and the listing date is September 7, 2022. After this listing, the remaining number of shares restricted for sale is 0 shares.

　　Daheng Technology intends to sell some land use rights and above-ground buildings located in Beijing.

　　() Announce that in order to implement the business strategy of focusing on the main business, revitalizing inefficient assets and further supporting the development of the main business, the company plans to sell the land with a use right area of 12,619.87 square meters and the house with a building area of 5,248.27 square meters located in Science City 11-C, Fengtai District, Beijing. The company will refer to the market price and determine the final transaction price according to the actual needs of the company and other factors.

　　Deye shares: Zhang Dongye is the vice chairman and general manager.

　　Deye shares today announced the resignation of the general manager, the election of the vice chairman and the appointment of the general manager.

　　The board of directors of the company recently received the written resignation of Zhang Hejun, the general manager of the company. Due to the needs of the company’s business development, Zhang Hejun applied to resign as the general manager of the company. According to the Company Law of People’s Republic of China (PRC), the Articles of Association of Ningbo Deye Technology Co., Ltd. and other relevant regulations, Zhang Hejun’s resignation will take effect from the date when it is delivered to the board of directors of the company. After resigning as general manager, Zhang Hejun still served as the chairman of the company and the chairman of the strategy Committee of the board of directors.

　　Today, the company held the 16th meeting of the second board of directors, deliberated and passed the Proposal on Electing the Vice Chairman of the Second Board of Directors, and unanimously agreed to elect Zhang Dongye as the Vice Chairman of the Second Board of Directors, with a term of office from the date of deliberation and approval of the second board of directors to the date of expiration of the second board of directors.

　　Due to the needs of the company’s business development, it was nominated by the chairman of the company and approved by the Nomination Committee of the second board of directors. On September 1, 2022, the company held the 16th meeting of the second board of directors, reviewed and approved the Proposal on Appointing the General Manager of the company, and unanimously agreed to appoint Zhang Dongye as the general manager of the company, with a term of office from the date of deliberation and approval by the board of directors to the date of expiration of the second board of directors. At the same time, Zhang Dongye will automatically no longer serve as the deputy general manager of the company.

　　Resume of Zhang Dongye:

　　Zhang Dongye, born in 1981, Canadian nationality, bachelor degree. From December 2006 to July 2019, he served as a director of Deye (Hong Kong) Electrical Technology Co., Ltd.; Since July 2010, he has served as deputy general manager, director and current general manager of Ningbo Deye Daily Electrical Appliance Technology Co., Ltd.; From July 2016 to March 2019, he served as a director of Virgin Hengli Co., Ltd.; From September 2018 to December 2020, he served as a director of Deye Japan Co., Ltd.; Since April 2005, he has served as the sales director and deputy general manager of the company, and is currently the vice chairman and general manager of the company.

　　As of the disclosure date of the announcement, Zhang Dongye does not hold the company’s stock, and is the son of Zhang Hejun, the actual controller of the company.

　　Xingtong Co., Ltd. plans to set up Sun Company in Singapore to expand the international transportation of liquid goods and dangerous goods.

　　() Announcement: In order to meet the needs of international transportation of dangerous liquid goods, the company plans to set up a wholly-owned Sun Company "Xingtong Shipping (Singapore) Co., Ltd." ("Xingtong Singapore") in Singapore through its wholly-owned subsidiary Xingtong Shipping (Hainan) Co., Ltd. ("Xingtong Singapore"), with a total investment of no more than US$ 35 million. After its establishment, it plans to mainly engage in international transportation of dangerous liquid goods and refined oil products, ship management and so on.

　　176 million restricted shares of Power Xinke will be listed and circulated on September 7th.

　　() Announced that the number of restricted shares listed and circulated by the company this time is 176 million shares, accounting for 10.77% of the company’s total share capital, and the listing and circulation date is September 7, 2022.

　　Tian Sanhong, a shareholder of Valin Seiko, reduced his holdings by 1.33 million shares.

　　() Announcement: Tian Sanhong, the shareholder of the company, traded 1.33 million shares through centralized bidding, accounting for 1% of the company’s total share capital.

　　China xd subsidiary consortium signed a $663 million overseas contract.

　　() Announcement: Recently, a consortium of Xidian International, a wholly-owned subsidiary of the company, and China Southern Power Grid International Co., Ltd. signed an EPC project contract for Kilo HVDC converter station in Chile with Conexió n Kimallo Aguirre S.A. The winning contract amount was 663 million US dollars, of which Xidian International undertook a contract amount of 426 million US dollars, equivalent to about 2.9 billion yuan, accounting for about 20% of the company’s audited operating income in 2021.

　　Xingtong Co., Ltd. plans to spend 206 million yuan to buy a domestic chemical ship "Fenghai 32"

　　Xingtong shares announced that in order to enhance the capacity scale and market competitiveness of the company, the company plans to purchase the domestic chemical ship "Fenghai 32" under its name from Dongguan Fenghai Shipping Co., Ltd. for RMB 206 million (including 3% value-added tax), with a carrying capacity of 27,356 tons. The sources of funds for this ship purchase are raised funds, self-owned funds and bank loans.

　　China xd: The subsidiary signed the EPC project contract of Kilo HVDC converter station in Chile.

　　China xd announced on the evening of September 1st that recently, a consortium of Xidian International, a wholly-owned subsidiary of the company, and China Southern Power Grid International Co., Ltd. signed an EPC project contract for Kilo HVDC converter station in Chile with CONEXIóN KIMAL LOAGUIRRE S.A The winning contract amount was 664 million US dollars, of which Xidian International undertook a contract amount of 426 million US dollars, equivalent to about 2.9 billion yuan, accounting for about 20% of the company’s audited operating income in 2021.

　　China xd: The consortium affiliated to the subsidiary signed the EPC project contract of Kilo HVDC converter station in Chile.

　　China xd announced on the evening of September 1st that recently, a consortium of Xidian International, a wholly-owned subsidiary of the company, and China Southern Power Grid International Co., Ltd. signed an EPC project contract for Kilo HVDC converter station in Chile with CONEXIóN KIMAL LOAGUIRRE S.A The winning contract amount was 664 million US dollars, of which Xidian International undertook a contract amount of 426 million US dollars, equivalent to about 2.9 billion yuan, accounting for about 20% of the company’s audited operating income in 2021.

　　China xd: The consortium signed the EPC project contract of 664 million USD HVDC converter station.

　　On September 1st, china xd announced that a consortium of wholly-owned subsidiaries, Xidian International and China Southern Power Grid International Co., Ltd., signed an EPC project contract for Kilo HVDC converter station in Chile with CONEXIóN KIMAL LOAGUIRRE S.A The winning contract amount was 664 million US dollars, of which Xidian International undertook a contract amount of 426 million US dollars, equivalent to about 2.9 billion yuan, accounting for about 20% of the company’s audited operating income in 2021.

　　By the end of August, the repurchase ratio of Yu Xiang Medical reached 1.42%, costing 73.27 million yuan.

　　Yu Xiang Medical announced that as of August 31, 2022, the company had repurchased 2,274,500 shares of the company, accounting for 1.4216% of the company’s total share capital. The highest price of the repurchase transaction was 3450 yuan/share, and the lowest price was 28.27 yuan/share. The total amount of funds paid was 73,270,300 yuan (excluding transaction fees such as trading commission and transfer fees).

　　Shandong Huapeng intends to transfer 100% equity and internal creditor’s rights of Jiangsu Shidao by listing.

　　() Announce that in order to further revitalize assets and focus on the development of main business, the company intends to transfer 100% equity and internal creditor’s rights of Jiangsu Shidao by public listing through Shandong Property Rights Exchange Center. The listing price of the equity and internal creditor’s rights to be transferred this time is determined based on the evaluation value.

　　Hengrui Pharma: HRG2101 inhalation will be used in clinical trials of idiopathic pulmonary fibrosis.

　　() Announcement: The company has received the Notice of Approval for Clinical Trials of Drugs for HRG2101 Inhalation from National Medical Products Administration, and will conduct clinical trials (for idiopathic pulmonary fibrosis) in the near future.

　　The announcement shows that HRG2101 inhibits the biological activity of fibroblasts and reduces cell proliferation and matrix collagen synthesis by regulating or inhibiting cytokines such as TGF-β1. At the same time, it can also inhibit the secretion of inflammatory mediators such as TNF-α, reduce lipid peroxidation, and exert its anti-inflammatory and antioxidant effects.

　　Hengrui Pharma: HRG2101 inhalation was approved for clinical trial of idiopathic pulmonary fibrosis.

　　Hengrui Pharma announced that recently, the company received the Notice of Approval for Clinical Trials of Drugs for HRG2101 Inhalation from National Medical Products Administration ("National Medical Products Administration"), and National Medical Products Administration agreed to carry out clinical trials for idiopathic pulmonary fibrosis, which will be carried out in the near future.

　　It is reported that HRG2101 inhibits the biological activity of fibroblasts and reduces cell proliferation and matrix collagen synthesis by regulating or inhibiting cytokines such as TGF-β1. At the same time, it can also inhibit the secretion of inflammatory mediators such as TNF-α, reduce lipid peroxidation, and exert its anti-inflammatory and antioxidant effects. Upon inquiry, at present, no similar products of domestic enterprises have been approved for listing, and there is no relevant sales data.

　　Yuejian Intelligent has received compensation of 387 million yuan for all house demolition.

　　() Announce, as of the disclosure date of this announcement, the company has completed this demolition, and the company has received all compensation for this demolition agreement, totaling RMB 387 million.

　　In August, the subsidiary of Far East Co., Ltd. won the bid of more than 10 million yuan, totaling 2.687 billion yuan.

　　Far East announced that in August, 2022, the company received a total of RMB 2.687 billion (accounting for 12.87% of the company’s audited revenue in 2021 and 10.33% of the revenue plan in 2022) from its subsidiaries, which will have a positive impact on the company’s future business performance, but will not affect the company’s business independence.

　　Hengrui Pharma: Sevoflurane for inhalation obtained drug registration certificate.

　　Hengrui Pharma announced that the company had received the Drug Registration Certificate approved and issued by National Medical Products Administration, and the related drugs were sevoflurane for inhalation. The approved indication is: "This product is suitable for the induction and maintenance of general anesthesia in adults and children." The company’s approval this time is deemed to have passed the consistency evaluation of generic drug quality and efficacy.

　　Neusoft Group repurchased 12.4488 million shares at a cost of 137 million yuan.

　　() Announcement was issued. As of August 31, 2022, the company repurchased 12,448,800 shares through centralized bidding, accounting for 1.00% of the company’s current total share capital, an increase of 0.01% compared with the last disclosure. The highest price of the repurchase transaction is 11.92 yuan/share, the lowest price is 10.30 yuan/share, and the total paid funds are 137 million yuan (excluding transaction costs such as stamp duty and commission).

　　Hang Seng Electronics has spent 53.51 million yuan to buy back 1.3 million shares.

　　() Announced that by the end of August 2022, the company had repurchased 1.3 million shares, accounting for 0.0684% of the company’s total share capital. The lowest price was 34.33 yuan/share, the highest price was 46.93 yuan/share, and the total amount paid was 53.51 million yuan.

　　Far East shares: In August, the total number of orders won/signed by subsidiaries was 2.687 billion yuan.

　　Far East announced on the evening of September 1 that in August, the company received a total of 2.687 billion yuan of contract orders from its subsidiaries that won the bid/signed more than 10 million yuan, accounting for 12.87% of the company’s audited revenue in 2021 and 10.33% of its revenue plan in 2022 respectively.

　　Ge Min, Chief Operating Officer of Jinchen Co., resigned.

　　() Announcement: The board of directors of the company recently received a resignation report from Mr. Ge Min, the chief operating officer of the company. Mr. Ge Min applied to resign as the chief operating officer of the company for personal reasons. After his resignation, Mr. Ge Min will no longer hold any positions in the company and its holding subsidiaries.

　　By the end of August, Haizheng Pharmaceutical’s repurchase ratio reached 1.3%, costing 185 million yuan.

　　() Announcement: As of August 31, 2022, the company has repurchased 15.631 million shares, accounting for 1.3046% of the company’s total share capital, with the highest price of 1.299 yuan/share and the lowest price of 9.896 yuan/share, and the total amount paid is 185 million yuan (excluding transaction costs).

　　Kailuan Group, the controlling shareholder of kailuan shares, intends to increase its shareholding by no more than 2%.

　　() Announced that Kailuan Group, the controlling shareholder, increased its holding of 68,500 shares of the company by centralized bidding through the trading system of Shanghai Stock Exchange on September 1, 2022, accounting for 0.0043% of the company’s total share capital; It is also planned that within 12 months from the date of this increase, the cumulative number of shares of the company (including this increase) will not exceed 2% of the company’s total share capital.

　　Jiuzhoutong has repurchased 32.49 million shares at a cost of 384 million yuan.

　　() Announced that as of August 31st, the company had repurchased 32.49 million shares, accounting for 1.73% of the company’s total share capital, and the total amount paid was 384 million yuan.

　　Hengrui Pharma: Notice of Approval of HRG2101 Inhalation for Drug Clinical Trial

　　Hengrui Pharma announced on the evening of September 1st that the company had received the Notice of Approval for Clinical Trials of Drugs for HRG2101 Inhalation from National Medical Products Administration, and would conduct clinical trials in the near future. Sevoflurane for drug inhalation received the Drug Registration Certificate approved and issued by National Medical Products Administration.

　　By the end of August, Chint had repurchased 21.3045 million shares at a cost of 1.045 billion yuan.

　　() Announcement: As of August 31, 2022, the company has repurchased 21,304,500 shares, accounting for 0.9909% of the company’s total share capital. The highest price of repurchase is 54.00 yuan/share, and the lowest price is 31.80 yuan/share, with a total turnover of 1.045 billion yuan (excluding transaction costs).

　　Kailuan shares: The controlling shareholder intends to increase its shareholding by no more than 2%.

　　Kailuan shares announced on the evening of September 1st that Kailuan Group, the controlling shareholder of the company, increased its holding of 68,500 shares by centralized bidding on September 1st, accounting for 0.0043% of the company’s total share capital. It is also planned that within 12 months from the date of this increase, the cumulative number of shares of the company (including this increase) will not exceed 2% of the company’s total share capital.

　　Samsung Medical won the bid of 330 million yuan to purchase the pre-installed substation project of wind, light and photovoltaic.

　　() It was announced that Ningbo Oaks High-tech Co., Ltd. (hereinafter referred to as "Oaks High-tech"), a subsidiary of the company, was recently recommended as a candidate for winning the bid in the 2022-2023 framework procurement of photovoltaic pre-installed substation (Chinese-style, oil transformer) project of China Datang Group Co., Ltd., with an estimated bid amount of about 330 million yuan.

　　Health Yuan: The issuance of GDR and its listing on the Swiss Stock Exchange were approved by the China Securities Regulatory Commission.

　　Health Yuan Announcement: The company received the reply from China Securities Regulatory Commission, and approved that the number of newly-added A-share base shares corresponding to the issuance of global depositary receipts (hereinafter referred to as "GDR") should not exceed 186,158,099. According to the conversion ratio determined by the company, the number of GDR issues should not exceed 18,615,809. After the completion of this issuance, the company can be listed on the Swiss Stock Exchange.

　　Far East shares: In August, more than 10 million orders were received, a year-on-year increase of 135.19%.

　　On September 1st, Far East announced that in August, 2022, the company received a total of RMB 2.687 billion from its subsidiaries, up 135.19% year-on-year and 73.51% quarter-on-quarter. From January to August, the company received a total of 15.233 billion yuan from its subsidiaries, with a year-on-year increase of 27.77%.

　　Among them, in the intelligent cable network sector, from January to August, the accumulated contract orders of winning the bid/signing more than 10 million yuan were 13.934 billion yuan, up 56.12% year-on-year, of which the contract orders of winning the bid/signing more than 10 million yuan in August were 2.434 billion yuan, up 172.81% year-on-year and up 58.78% quarter-on-quarter.

　　In the smart battery sector, from January to August, the cumulative bid/contract orders of more than 10 million yuan were 539 million yuan, of which the bid/contract orders of more than 10 million yuan in the lithium battery business were 416 million yuan, accounting for 78.85% of household energy storage orders.

　　In the smart airport sector, from January to August, the cumulative number of contract orders that won the bid/signed more than 10 million yuan was 760 million yuan, of which the number of contract orders that won the bid/signed more than 10 million yuan in August was 253 million yuan, up 21.50% year-on-year and 1,531.91% quarter-on-quarter. (Qin Sheng)

　　*ST Kaile signed an agreement with the controlling shareholder Keda Trading to reduce the company’s losses.

　　() Announcement: On January 14th, 2022, the Company, Hunan Kaile Emergency Information Technology Co., Ltd. ("Hunan Kaile"), Jingzhou Keda Trading Co., Ltd. ("Keda Trading") and Zhuzhou Gaoxin Power Industry Investment and Development Co., Ltd. ("Zhuzhou Gaoxin") reached a mediation agreement under the mediation of Zhuzhou Intermediate People’s Court. According to the Civil Mediation, the Company, Hunan Kaile and Keda Trading (the "Debtor") jointly confirmed that the loan owed to Zhuzhou Gaoxin totaled 1.093 billion yuan, which was jointly repaid by the Debtor and paid in installments, of which the first payment of 20 million yuan was deducted from the frozen bank account of Kaile Technology.

　　It is reported that the company was deducted by the court from freezing basic deposit account to pay Zhuzhou Hi-tech, which does not belong to the situation that the company voluntarily repays for the controlling shareholder Keda Trading. In order to reduce the losses of listed companies, the company conducted friendly consultations with Keda Commerce and Trade, and unanimously agreed that in the case that the repayment ratio of the three parties to the debt was not stipulated in the Civil Mediation, the three parties to the debt should bear the corresponding debts equally. The company recently signed an agreement with Keda Trading.

　　Referring to the relevant judicial practice of the guarantee rules, the two parties reached the following agreement through consultation: 1. Keda Trading paid RMB 6,666,666.67 to the company; 2. In view of the fact that the bank account of Keda Trading is currently frozen, the above payment shall be paid immediately after the account of Keda Trading is unsealed; 3. The above-mentioned debt of 1.093 billion yuan shall be borne by Keda Trading, Kaile Technology and Hunan Kaile each with one third of the responsibility. If Kaile Technology undertakes the repayment responsibility alone, Keda Commerce promises to pay one third of the paid amount to Kaile Technology or transfer assets with the same value.

　　According to the announcement, the company signed the Agreement with Keda Trading, aiming at clarifying the repayment responsibilities of Keda Trading, Kaile Technology and Hunan Kaile, reducing the losses of listed companies and safeguarding the rights and interests of the company. The above amount forms a passive capital occupation of the company by Keda Trading.

　　Energy-saving wind power: the public offering of green corporate bonds was approved by CSRC.

　　Energy-saving wind power announcement, the company received a reply from the China Securities Regulatory Commission, agreeing to the company’s registration application for publicly issuing green corporate bonds with a total face value of no more than 2 billion yuan to professional investors.

　　Minghua, the shareholder of Ganli Pharmaceutical, reduced its shareholding by 1.10%.

　　() Announcement. Recently, the company received a written notice from Minghua Innovation. From May 23, 2022 to August 31, 2022, Minghua Innovation reduced its holdings of 6,189,600 shares by centralized bidding, accounting for 1.10% of the company’s total share capital.

　　Ganli Pharmaceutical GZR4 China Phase I clinical trial completed the first administration to subjects.

　　Ganli Pharmaceutical announced that GZR4, which was independently developed by the company, is conducting a phase I clinical trial in China, and recently successfully completed the first drug administration to subjects. GZR4 is an ultra-long-acting insulin weekly preparation which is administered subcutaneously once a week and is being researched by Ganli Pharmaceutical Co., Ltd., and its indication is diabetes.

　　Pengshan Xincheng, the shareholder of Le Kai Film, has reduced its holdings by 11.065 million shares.

　　() Announcement was issued. As of the disclosure date of this report, Pengshan Xincheng’s reduction plan has been completed. From June 1 to August 31, 2022, Pengshan Xincheng reduced its shareholding by 5,532,500 shares through centralized bidding, accounting for 1.00% of the company’s total share capital; During the period from March 1 to August 31, 2022, Pengshan Xincheng reduced its holdings by 11.065 million shares through centralized bidding, accounting for 2.00% of the company’s total share capital. This reduction plan was completed.

　　Ganli Pharmaceutical Co., Ltd.: China Phase I clinical trial of GZR4 completed the first administration to subjects.

　　Ganli Pharmaceutical announced on the evening of September 1st that GZR4 independently developed by the company is conducting phase I clinical trials in China, and recently successfully completed the first drug administration to subjects. GZR4 is an ultra-long-acting insulin weekly preparation which is administered subcutaneously once a week and is being researched by Ganli Pharmaceutical Co., Ltd., and its indication is diabetes.

　　Yulong shares: It is planned to invest 5 million Australian dollars to subscribe for private placement shares of Cuiteng Mining.

　　() On the evening of September 1st, it was announced that the company and Cuiteng Mining intend to sign the Placement Investment Intention Form, and the company (or its subsidiaries) intend to invest 5 million Australian dollars to subscribe for private placement shares of Cuiteng Mining, and the subscription price is 0.029 Australian dollars per share, which is lower than the weighted average price of the volume of Cuiteng Mining in the 20 trading days before signing the Placement Investment Intention Form. Cuiteng Mining is committed to the exploration and exploitation of graphite mine projects, and holds graphite mineral rights in Ankwabe, Baramabei and Baramanan in Cabo Delgado province in northern Mozambique, Africa.

　　Yulong Co., Ltd. plans to subscribe for 5 million Australian dollars for the fixed share of Cuiteng Mining, which owns several graphite mines.

　　Yulong shares announced that the company and Cuiteng Mining intend to sign the Placement Investment Intention Form, and the company (or its subsidiaries) intends to invest 5 million Australian dollars to subscribe for private placement shares of Cuiteng Mining at a subscription price of 0.029 Australian dollars per share, which is lower than the weighted average price of Cuiteng Mining’s trading volume in the 20 trading days before signing the Placement Investment Intention Form.

　　According to the announcement, Cuiteng Mining holds Ankwabe graphite mine, Baramabei graphite mine and Baramanan graphite mine in Cabo Delgado province in northern Mozambique, Africa. Among them, Ankwabe graphite mine project is a large and super-large scale graphite mine, including T12 and T16 resources. According to the research report on Ankwabe graphite issued by Lycopodium Minerals Pty Limited, CSA Global Pty Limited and other institutions, the project has about 46.1 million tons of graphite mine resources meeting JORC standards, and its recoverable reserves are 24.895 million tons. The recoverable reserves in T16 mine area are 11.17 million tons, with an average fixed carbon grade of 7. The recoverable reserves of T12 mining area are 13.725 million tons, with an average fixed carbon grade of 5.32%. The environmental permit of Ankwabe graphite project has been approved by government departments. The feasibility study (DFS) of the project was completed in December 2017, and the mining permit was obtained in June 2019 with a term of 25 years. Parama North and Parama South graphite mine projects are still in the stage of resource exploration. None of the above graphite mine projects has been put into production.

　　According to the announcement, this transaction is conducive to the company’s integration of the internal resources of the controlling shareholder, empowering the high-quality development of listed companies, accelerating the entry into the mineral fields related to new materials of new energy, optimizing the company’s business layout and highlighting the advantages of its main business.

　　Ambow’s application for issuing shares to a specific target was approved by the Shanghai Stock Exchange.

　　Anbotong announced that on September 1st, the company received the review opinions from Shanghai Stock Exchange on the application of the company to issue shares to a specific object by summary procedure: according to the Rules of Shanghai Stock Exchange for the Review of Securities Issuance and Listing of Listed Companies in science and technology innovation board, the application of Beijing Anbotong Technology Co., Ltd. to issue shares to a specific object by summary procedure meets the requirements of issuance, listing and information disclosure.

　　Yuyuan Co., Ltd. subsidiary participated in the selection and evaluation of real estate projects and was determined as the final implementation subject.

　　() Announcement, on September 1, 2022, publicized by the Huangpu District People’s Government of Shanghai. Shanghai Fuyou Industrial Development Co., Ltd. ("Fuyou Industrial"), a wholly-owned subsidiary of the company, and Shanghai Yunqi Enterprise Management Consulting Co., Ltd. ("Yunqi Enterprise") recently jointly participated in the historical and cultural scenic spots of the old town in Huangpu District organized by the office of the Leading Group for the Promotion of Historical and Cultural Protection Project in Shanghai. 229-02 plot and 224-04, 224-05, 224-08, 225-03, 225-05, 225-06, 229-03, 229-01 underground space plot historical features protection project implementation subject public selection activities, and after selection and evaluation, it was determined as the final implementation subject, which

　　Wantong Development: Independent Director Jiang Desong was detained for investigation.

　　() On the evening of September 1st, it was announced that Jiang Desong, an independent director of the company, was cooperating with the investigation because of his alleged illegal duties, and his spouse showed the company the Notice of Retention issued by the Beijing Municipal Supervision Commission. As of the date of this announcement, due to the fact that relevant matters are still under investigation and there is no conclusion, it is impossible to predict the subsequent normal performance time of Jiang Desong. After a preliminary understanding, the matters involved by Jiang Desong only involve his personal affairs, and have nothing to do with the company. The company’s operation and management are all normal.

　　Baichuan Energy sends 1.5 yuan date of record every 10 shares every six months for September 7th.

　　() It is announced that the company will distribute the equity in the first half of 2022, and distribute the cash dividend for every 10 shares (including tax) in 1.5 yuan and date of record on September 7th.

　　Jichuan Pharmaceutical Co., Ltd. obtained the registration notice of "Qiwei Ciyu Granule"

　　() Announcement. Recently, Shaanxi Dongke Pharmaceutical Co., Ltd. ("Dongke Pharmaceutical"), a wholly-owned subsidiary of the company, received the Notice of Drug Registration and Filing of Qiwei Ciyu Granules approved and issued by Shaanxi Drug Administration ("Shaanxi Food and Drug Administration").

　　It is reported that the functions and indications of Qiwei Ciyu Granule are: clearing away heat and promoting diuresis, cooling blood to stop bleeding, removing blood stasis and reducing swelling. It is used for internal hemorrhoids in stage I and II, which belongs to downward flow of damp-heat syndrome according to TCM syndrome differentiation, and the symptoms are bloody stool, anal distension and pain; Red tongue, thin yellow fur, rapid pulse, etc.

　　Aonong Bio sold 483,600 pigs in August, up 126.64% year-on-year.

　　() Announcement was issued. In August 2022, the company sold 483,600 pigs, with the sales volume increasing by 12.68% month-on-month and 126.64% year-on-year. At the end of August 2022, the company had 2,128,000 live pigs, an increase of 16.11% compared with the end of August 2021 and an increase of 18.71% compared with the end of December 2021. From January to August, 2022, the company sold a total of 3,256,800 pigs, with a year-on-year increase of 88.76%.

　　Mykolando spent 483 million yuan to buy back 9.8 million shares.

　　() Announcement was issued. As of August 31, 2022, the company had repurchased 9.8 million shares, accounting for 1.90% of the total shares of the company, and the total amount paid was RMB 483 million (excluding transaction fees such as commission).

　　Jiayuan Technology won the 7th Guangdong Provincial Government Quality Award.

　　Jiayuan Technology announced that recently, the company received the Notice of Guangdong Provincial People’s Government on Commending the Winners of the 7th Guangdong Provincial Government Quality Award issued by Guangdong Provincial People’s Government, and the company won the 7th Guangdong Provincial Government Quality Award.

　　The company won this honor, which shows that the Guangdong Provincial People’s Government fully affirmed the company’s achievements in product quality management mode, promoting quality management innovation and setting quality benchmarks. Taking this as a new starting point, the company will further improve its product quality and independent innovation ability, enhance its core competitiveness and promote its sustained, healthy and rapid development by continuously deepening quality management and constantly innovating quality management methods.

　　Aonong Bio: In August, the sales volume of live pigs was 483,600, a year-on-year increase of 126.64%.

　　Aonong Bio announced on the evening of September 1st that in August, the company sold 483,600 pigs, with the sales volume increasing by 12.68% month-on-month and 126.64% year-on-year. At the end of August, the company had 2,128,000 live pigs, an increase of 16.11% compared with the end of August 2021 and an increase of 18.71% compared with the end of December 2021.

　　Poly Development successfully issued 500 million yuan of green medium-term notes.

　　(Reporter Wang Yinhao, Sun Yongzhi) On September 1, () Holding Group Co., Ltd. released the announcement of the issuance results of the fifth green medium-term notes in 2022. The announcement showed that the company successfully issued the fifth green medium-term notes in 2022 on August 31, with a total actual issuance of 500 million yuan, a term of three years and an issuance rate of 2.75%.

　　Kailuan shares: The controlling shareholder intends to increase its holdings by no more than 2%.

　　Kailuan shares announced that on September 1, 2022, Kailuan Group, the controlling shareholder, increased its holding of 68,500 shares by centralized bidding, accounting for 0.0043% of the company’s total share capital; It is also planned that within 12 months from the date of this increase, the cumulative number of shares of the company (including this increase) will not exceed 2% of the company’s total share capital.

　　China xd: The consortium affiliated to the subsidiary signed a contract of 664 million US dollars for overseas EPC projects.

　　China xd announced that the consortium formed by the wholly-owned subsidiary Xidian International and China Southern Power Grid International Co., Ltd. signed the EPC project contract of Kilo HVDC converter station in Chile with Conexió n Kimallo Aguirre S.A. The winning contract amount was 663,573,900 US dollars, of which Xidian International undertook the contract amount of 425,653,700 US dollars, equivalent to about 2.9 billion yuan, accounting for about the audited operating income of the company in 2021.

　　Jiang Desong, an independent director of Wantong Development suspected of violating his duty, was detained for investigation.

　　(Reporter Ma Huanhuan) On the evening of September 1, Vantone Development announced that Jiang Desong, an independent director of the company, was cooperating with the investigation on suspicion of illegal duties and was detained. His spouse showed the company the Notice of Retention issued by the Beijing Municipal Supervision Commission.

　　Wantong Development said that as of the announcement date, due to the fact that the relevant matters are still under investigation and there is no conclusion, it is temporarily impossible to predict the normal performance time of Jiang Desong. If he is still unable to perform his duties in a short period of time, the board of directors of the company will not rule out taking measures to submit it to the shareholders’ meeting for consideration and re-appointment of independent directors. After a preliminary understanding, the matters involved by Jiang Desong only involve his personal affairs, and have nothing to do with the company. The company’s operation and management are all normal.

　　41,451,100 restricted shares of Guoli will be listed and circulated on September 13th.

　　Guoli shares announced that the total number of restricted shares listed and circulated this time was 41.4511 million shares, accounting for 43.45% of the company’s current total shares, and the listing and circulation date was September 13, 2022.

　　The cumulative reduction ratio of Aiwu Enterprise Management, the controlling shareholder of Laiyifen, exceeds 1%

　　() Announcement was issued. On September 1, 2022, the company received the Notice Letter on Share Change Reaching 1% from the controlling shareholder Shanghai Aiwu Enterprise Management Co., Ltd. ("Aiwu Enterprise Management"). From April 8, 2021 to October 15, 2021, Aiwu Enterprise Management reduced its holdings by 3,310,600 shares in the secondary market, accounting for 0.98% of the company’s total share capital. From August 31, 2022 to September 1, 2022, the company reduced its holdings by 362,800 shares in the secondary market, accounting for 0.11% of the company’s current total share capital. The total reduction ratio of Aiwu Enterprise Management is 1.09%.

　　Shengjian Environment signed a subcontract for the process exhaust system of 170 million yuan integrated circuit project.

　　() Announced. Previously, the company received a Notice of Winning Bid from a domestic semiconductor company, confirming that the company won the bid for "Subcontracting Project of Process Exhaust System of an Integrated Circuit Project", with a total bid price of RMB 170 million (including tax). On September 1st, 2022, the company signed the Subcontracting Project Agreement of Process Exhaust System for an integrated circuit project of a domestic semiconductor company with the contract amount of RMB 170 million (including tax) with the employer.

　　Yueda Investment, the shareholder of Alte, and the concerted parties intend to reduce their holdings by no more than 3.31% of the shares of the company.

　　() Announcement: Jiangsu () Co., Ltd. ("yueda Investment"), a shareholder holding 4.1283% of the company’s total shares, and its concerted action, Jiangsu yueda SME Green Development Venture Capital Fund (Limited Partnership) ("Green Fund"), intend to reduce the company’s shares by no more than 16,113,700 shares, with the reduction ratio not exceeding 3.3052% of the company’s total share capital.

　　Anbotong: The application for issuing shares to a specific target was approved by the Shanghai Stock Exchange.

　　Anbotong announced that the company received the audit opinion from the Shanghai Stock Exchange, and the company’s application for issuing shares to a specific object in a summary procedure met the issuance conditions, listing conditions and information disclosure requirements.

　　Samsung Medical: A subsidiary company won the bid for the pre-installed substation project of wind, solar and photovoltaic power plants.

　　Samsung Medical announced that Aux Hi-Tech, a subsidiary of the company, was recently recommended as a candidate for winning the bid in the 2022-2023 framework procurement of photovoltaic pre-installed substation (Chinese-style, oil transformer) project of China Datang Group Co., Ltd., with an estimated bid amount of about 330 million yuan.

　　Guoguang Electric’s 3.75% shareholder Bingtou Lianchuang intends to clear the position and reduce its holdings.

　　Guoguang Electric announced that due to the need of its own funds, Bingtou Lianchuang, a shareholder holding 3.75% shares, plans to reduce its shares in the company through a combination of centralized bidding transactions and block transactions, with a total reduction of no more than 2,903,100 shares, that is, no more than 3.75% of the company’s total share capital.

　　Guoguang Electric: Bingtou Lianchuang plans to reduce its shareholding by no more than 3.75%.

　　Guoguang Electric announced on the evening of September 1st that Bingtou Lianchuang, a shareholder holding 3.75% of the shares, intends to reduce the company’s shares by no more than 2,903,100 shares, that is, no more than 3.75% of the company’s total share capital.

　　Hengrui Pharma: Sevoflurane for inhalation obtained drug registration certificate.

　　Hengrui Pharma announced on the evening of September 1st that the company had received the Pharmaceutical Registration Certificate for Sevoflurane for Inhalation approved and issued by National Medical Products Administration. The approved indications are the induction and maintenance of general anesthesia in adults and children. Upon inquiry, the global sales of sevoflurane for inhalation in 2021 is about 919 million US dollars. Up to now, the accumulated research and development expenses of sevoflurane-related projects for inhalation are about 14.92 million yuan.

　　Guoguang Electric shareholders intend to reduce their holdings by no more than 3.75%.

　　Guoguang Electric announced that the company’s shareholder Bingtou Lianchuang, who holds 3.75% of the shares, intends to reduce the company’s shares by no more than 3.75% of the company’s total share capital.

　　Ningbo Port: Ningbo Ocean Shipping, a holding subsidiary, was approved for listing.

　　() On the evening of September 1st, it was announced that Ningbo Ocean Shipping, the company’s holding subsidiary, made an initial public offering of A shares and its application for listing on the main board of Shanghai Stock Exchange was approved by the IEC.

　　TF Securities: Share repurchase was not implemented in August.

　　() It was announced on September 1, and in August 2022, the company did not implement share repurchase. By the end of August, 2022, the company had repurchased 67,786,990 A shares through centralized bidding, accounting for 0.7822% of the company’s total share capital. The highest price purchased was RMB 4.01/share, and the lowest price was RMB 3.48/share, and the total amount paid was about RMB 253 million.

　　Ningbo Port: The IPO application of the holding subsidiary was approved by the Audit Committee of the China Securities Regulatory Commission.

　　Ningbo Port announced that on September 1, 2022, according to the Announcement of the Audit Results of the 99th Session of the 18th IEC in 2022 issued by the CSRC, Ningbo Ocean Shipping Co., Ltd. (IPO), a holding subsidiary, was approved.

　　Baichuan Energy will send 1.5 yuan date of record for every 10 shares in the first half of 2022 as September 7.

　　(Financial News Baichuan Energy announced that the company’s half-year equity distribution implementation plan for 2022 is as follows: based on the total share capital of 1,340,854,800 shares, a cash dividend of RMB 1.50 will be distributed to all shareholders for every 10 shares, and a total cash dividend of RMB 201 million will be distributed, accounting for 81.71% of the net profit returned to the mother in the same period. No bonus shares will be distributed, and no capital reserve will be converted into share capital.

　　The distribution of rights and interests in date of record is September 7th, and the ex-dividend date is September 8th.

　　According to the 2022 semi-annual performance report released by Baichuan Energy, the company’s operating income was 2.624 billion yuan, a year-on-year increase of 7.28%; The net profit attributable to shareholders of listed companies was 246 million yuan, a year-on-year decrease of 28.19%; The basic earnings per share was 0.18 yuan, compared with 0.25 yuan in the same period last year.

　　Baichuan Energy Co., Ltd. mainly engages in urban pipeline gas sales, gas engineering installation and sales in gas appliance. The main services provided by the company are gas sales, gas engineering installation and sales in gas appliance.

　　(Source: Straight Flush iFinD)

　　Tongfang intends to publicly transfer the equity of Tongfang Global Life Insurance Co., Ltd.

　　On the evening of August 31st, () announced that in order to further focus on the main business, recover the non-main business investment and rationally allocate resources, the company intends to transfer 50% equity of Tongfang Global Life Insurance Co., Ltd. (hereinafter referred to as "Tongfang Global Life Insurance"), a shareholding company held by the company, through public listing on the property rights exchange. The initial listing price is not lower than the appraised value (calculated according to the equity ratio) recorded by China National Nuclear Corporation and the company’s capital increase to Tongfang Global Life Insurance after the benchmark date.

　　According to the announcement, as of June 30, 2022, Tongfang Global Life had total assets of 24.955 billion yuan, total liabilities of 22.009 billion yuan, owners’ equity of 2.946 billion yuan, operating income of 4.137 billion yuan and net profit of 35 million yuan. (He Kui)

　　Come to Iraq: the controlling shareholder Aiwu Enterprise Management reduced its holding of 3,673,400 shares of the company, with a reduction ratio of 1%.

　　On the evening of September 1st, the company announced that Aiwu Enterprise Management, the controlling shareholder of the company, recently reduced its holdings by 3,673,400 shares, accounting for 1.09% of the company’s total share capital. After this equity change, Aiwu Enterprise Management’s shares in listed companies decreased from about 190 million shares to 186 million shares, and its shareholding ratio decreased from 56.31% to 55.31%.

　　Nuohe Zhiyuan’s application for fixed increase was approved by Shanghai Stock Exchange.

　　Nuohe Zhiyuan announced that on September 1, 2022, the company received the review opinions from the Shanghai Stock Exchange on the application of the company to issue shares to specific objects, and the company’s application for issuing shares to specific objects met the issuance conditions, listing conditions and information disclosure requirements.

　　Juyi Technology won a 49% stake in Jianghuai UnionPay for 62.4675 million yuan.

　　Juyi Technology announced that the company participated in bidding for 49% equity of Anhui Jianghuai UnionPay Heavy Construction Machinery Co., Ltd. and successfully bid for the equity at a transaction price of 62.4675 million yuan. This asset purchase is in line with the company’s development strategy, priced according to the evaluation value, and the pricing is fair and reasonable. There is no harm to the interests of the company and shareholders, especially small and medium shareholders, which is conducive to further enhancing the company’s comprehensive competitiveness.

　　Macalline repurchased 384,800 shares of the company.

　　On the evening of September 1st, () announced the progress of the company’s share repurchase. The announcement showed that as of August 31st, 2022, the company had repurchased 384,800 A shares through centralized bidding, and the repurchased shares accounted for 0.0088% of the company’s total share capital. The highest purchase price was 5.21 yuan/share, the lowest price was 5.20 yuan/share, and the total amount paid was 2,004,300 yuan.

　　According to public information, on April 24, 2022, the 43rd interim meeting of the fourth board of directors of Macalline deliberated and passed the Proposal on Deliberating the Share Repurchase of the Company, and agreed that the Company would use its own or self-raised funds of not less than 150 million yuan and not more than 300 million yuan to repurchase the A shares of the Company at a repurchase price of not more than 11.04 yuan/share (hereinafter referred to as "this repurchase"). All the shares repurchased this time will be used for the company’s employee stock ownership plan or equity incentive plan. The repurchase period is no more than 12 months from the date when the repurchase plan is reviewed and approved by the board of directors of the company.

　　Juyi Technology: won 49% equity of Jianghuai UnionPay for 62.47 million yuan.

　　Juyi Technology announced on the evening of September 1 that the company participated in bidding for 49% equity of Anhui Jianghuai UnionPay Heavy Construction Machinery Co., Ltd. and successfully bid for the equity at a transaction price of 62.4675 million yuan.

　　Investigation on Jiang Desong, Independent Director of Vantone Development, Being Liened

　　Vantone Development announced that the staff of the secretary’s office of the board of directors of the company could not get in touch with Mr. Jiang Desong, the independent director of the company, by telephone or WeChat. After inquiring about the work unit where Mr. Jiang Desong worked, the staff were also told that they could not get in touch with him. It was not until he got in touch with his spouse that he learned that Mr. Jiang Desong, the independent director of the company, was cooperating with the investigation and was detained because of his alleged illegal duties. His spouse also showed the company the Notice of Detention issued by the Beijing Municipal Supervision Commission. As of the date of this announcement, due to the fact that the relevant matters are still under investigation and there is no conclusion, it is impossible to predict the subsequent normal performance time of Mr. Jiang Desong.

　　Xincheng Holdings has repurchased 2.38 million shares and paid a total of 49.3364 million yuan.

　　On September 1st, () issued a progress announcement on repurchasing shares by centralized bidding.

　　According to the announcement, Xincheng Holdings held the 7th meeting of the 3rd Board of Directors on March 29th, 2022 and May 23rd, 2022, respectively, and the 2021 Annual General Meeting of Shareholders deliberated and passed the Proposal on the Share Repurchase Scheme by Centralized Bidding Transaction, agreeing that the company would repurchase the shares of the company by centralized bidding transaction.

　　The total amount of repurchase funds is not less than RMB 100 million (inclusive) and not more than RMB 200 million (inclusive), and the repurchase price is not more than RMB 41.39/share. The repurchase period is within 6 months from the date when the share repurchase plan is reviewed and approved by the shareholders’ meeting, and the repurchased shares will be cancelled to reduce the registered capital of the company.

　　The announcement shows that in August 2022, Xincheng Holdings did not implement share repurchase. As of August 31, 2022, the company has repurchased 2.38 million shares, accounting for 0.11% of the company’s total share capital on the date of this announcement. The highest price purchased is 21.10 yuan/share, and the lowest price is 20.20 yuan/share, and the total amount paid is 49.3364 million yuan (excluding transaction costs).

　　Poly Development issued 500 million yuan of green medium-term notes with an interest rate of 2.75%.

　　On September 1, Poly Development released the announcement of the issuance results of the fifth green medium-term notes in 2022.

　　According to the announcement, the bid in this issue is abbreviated as 22 Poly Development MTN005 (Green), with the registered amount of 2.5 billion yuan, the actual total issuance amount of 500 million yuan, the issuance interest rate of 2.75%, the term of three years, the value date of August 31, 2022 and the redemption date of August 31, 2025. The lead underwriter and bookkeeping manager is Industrial Bank Co., Ltd., and the joint lead underwriter is Agricultural Bank of China Co., Ltd.

　　The winning ticket was issued on August 31st.

　　Since the 18th National Congress of the Communist Party of China, the CPC Central Committee with the Supreme Leader as the core has been far-sighted, comprehensively grasped the general trend of world development, profoundly summed up the experience and lessons of domestic and international development, creatively put forward a series of new ideas, new ideas and new strategies for governing the country and politics, founded and formed the economic thoughts of the Supreme Leader, scientifically guided China’s economic reform and development practice in the new era, and promoted historical achievements and changes in economic and social development. Facing the complicated situation since the outbreak of the COVID-19 epidemic, the CPC Central Committee with the Supreme Leader as the core coordinated the overall situation of the great rejuvenation strategy of the Chinese nation and the unprecedented changes in the world in the past century, led the country to achieve stable, sustained and healthy economic and social development with superb leadership, firm political belief and perseverance, and further enriched and developed the economic thought of the Supreme Leader in practice.

　　Theoretical circles have actively carried out propaganda and interpretation and physical and chemical research around the formation and development of the supreme leader’s economic thought, and have made gratifying progress in both breadth and depth. Sorting out these research results will help us to understand the core essence and essence of the supreme leader’s economic thought more deeply, grasp the spiritual essence and value pursuit of the supreme leader’s economic thought more accurately, strengthen the ideological and theoretical arms more effectively and guide practice.

　　First, the scientific theory of answering the question of the times

　　The 19th National Congress of the Communist Party of China made a major judgment that "Socialism with Chinese characteristics has entered a new era". The new era calls for new theories, which lead to new practice. Socialism with Chinese characteristics’s entry into a new era is the prerequisite and the biggest development background for the supreme leader’s economic thought. Experts and scholars interpret the call of the new era for new economic ideas from different perspectives.

　　First, from the perspective of the changes in the main social contradictions in China. In the new era, the main contradiction in our society is transformed into the contradiction between the people’s growing need for a better life and the unbalanced development. The development among regions, urban and rural areas and industries is still unbalanced, and the quality, efficiency and motivation of development need to be changed and upgraded. A series of new contradictions, problems and challenges in economic development urgently need new ideas to answer and solve.

　　Second, from the perspective of changes in economic development stages. The new era means that China’s economy has shifted from a high-speed growth stage to a high-quality development stage. The stage of high-quality development pays more attention to better meeting the people’s growing needs for a better life. The new stage is facing new topics and needs new theories to guide it.

　　Third, from the perspective of building a modern and powerful country. In the new era, the Chinese nation has ushered in a great leap from standing up, becoming rich and becoming strong. Building a modern and powerful country has become a realistic goal, which requires new economic development methods to support and new development concepts to guide.

　　Fourth, from the perspective of problem orientation. The international situation is complex, severe and changeable, and the world is facing a great change that has never happened in a century. Global issues and world governance problems are prominent, which requires China to play a greater role and contribute to China’s wisdom and China’s strength. China’s economic and social construction has made great achievements, but it has also encountered some new problems and challenges. "The problem is the slogan of the times", "The times are the writers, and we are the respondents". In a certain sense, the supreme leader’s economic thought is produced to solve the problems of the times, and it is a new interpretation and new answer to the eternal theme of "development" in the new era.

　　Second, profound ideological content

　　(A) the new development concept and "seven adherences" are the main contents of the supreme leader’s economic thought.

　　Before Socialism with Chinese characteristics’s economic thought in the new era of the Supreme Leader was formally put forward, scholars used "General Secretary of the Supreme Leader’s important exposition on economic work" and "Supreme Leader’s economic strategic thought". After General Secretary of the Supreme Leader put forward the concept of "new normal" during his inspection tour in Henan in May 2014, some scholars took "new economic normal" as an important content of research.

　　In October 2015, the Fifth Plenary Session of the 18th CPC Central Committee adopted the Central Committee of the Communist Party of China’s Proposal on Formulating the Thirteenth Five-Year Plan for National Economic and Social Development, which put forward five development concepts of innovation, coordination, green, openness and sharing for the first time. In his speech at the second plenary session of the Fifth Plenary Session of the 18th CPC Central Committee, General Secretary of the Supreme Leader pointed out that the concept is the forerunner of action, the development concept is strategic, programmatic and leading, and it is the concentrated expression of development ideas, development direction and development focus. General Secretary of the Supreme Leader scientifically explained the logical relationship between the five development concepts: innovation and development focus on solving the problem of development motivation; Coordinated development focuses on solving the problem of unbalanced development; Green development focuses on solving the problem of harmony between man and nature; Open development focuses on solving the problem of internal and external linkage of development; Sharing development focuses on solving social fairness and justice problems. General Secretary of the Supreme Leader emphasized in many important speeches that the new development concept is a profound change that has a bearing on the overall development of our country.

　　The Central Economic Work Conference held in December 2017 clearly pointed out: "In the past five years, we have persisted in observing the general trend, seeking the overall situation and doing practical things, successfully controlled the overall situation of China’s economic development, and formed the supreme leader’s new era Socialism with Chinese characteristics’s economic thought with the new development concept as the main content in practice." This is the first time that the central authorities put forward the concept of "Socialism with Chinese characteristics’s Economic Thought of the Supreme Leader in the New Era", and it is also the first formal formulation of a specific aspect of Socialism with Chinese characteristics Thought of the Supreme Leader in the New Era, from which we can see the important position of the Supreme Leader’s Economic Thought. The meeting pointed out that the economic thought of the supreme leader "takes the new development concept as the main content" and emphasized "seven persistences": persisting in strengthening the centralized and unified leadership of the party over economic work to ensure the development of China’s economy in the right direction; Adhere to the people-centered development thought, which runs through the overall layout of "five in one" and the coordinated promotion of "four comprehensive" strategic layout; Adhere to the adaptation and grasp the new normal of leading economic development, base on the overall situation and grasp the law; Insist on making the market play a decisive role in resource allocation, give better play to the role of the government, and resolutely remove institutional and institutional obstacles to economic development; Persist in adapting to the main contradictions and changes in China’s economic development, improve macro-control, make a choice according to the camera, and prescribe a correct prescription.Take promoting supply-side structural reform as the main line of economic work; Adhering to the problem-oriented deployment of the new strategy of economic development has a far-reaching impact on China’s economic and social development and reform; Adhere to the correct work strategies and methods, strive for progress steadily, maintain strategic strength, adhere to the bottom line thinking, and move forward step by step.

　　There are two main generalizations of the economic thoughts of the Supreme Leader in theoretical circles: one is "1+7", where "1" refers to the new development concept and "7" refers to "seven persistences"; The other is directly summarized as "seven persistences". Most scholars hold the former view, and many discussions are generally within this range, although they are from different angles.

　　(B) General Secretary of the Supreme Leader’s series of important theoretical judgments on the overall situation of China’s economic development

　　In addition to the new development concept and the "seven adherences", many scholars have sorted out the theoretical judgments and strategic plans concerning the overall situation of China’s economic development, and believe that the following conclusions are also an important part of the supreme leader’s economic thought.

　　First, adhere to the theory of the primary stage of socialism, adhere to the basic socialist economic system such as public ownership as the main body, the common development of various ownership economies, distribution according to work as the main body, the coexistence of various distribution methods, and the socialist market economic system. This is an important pillar of the Socialism with Chinese characteristics system and the foundation of the socialist market economic system.

　　The second is to adhere to overall development and security. Adhere to the overall concept of national security, strengthen the national security system and capacity building, strengthen the national economic security guarantee, run security development through all fields and the whole process of national development, and prevent and resolve various risks and challenges that affect China’s modernization process.

　　The third is to promote high-quality development, which is the theme of economic and social development in the new era. High-quality development is the general requirement for all aspects of economic and social development. It is necessary to embody the new development concept from supply, demand, input and output, distribution, macroeconomic cycle and other aspects to better meet the people’s growing needs for a better life.

　　The fourth is to build a modern economic system, which is the strategic goal of China’s development. It is necessary to build an industrial system that is led by innovation and develops in coordination, an urban-rural regional development system that highlights advantages and is coordinated, a multi-balanced, safe and efficient all-round opening system, a unified, open and competitive market system, an efficient and fair income distribution system, a resource-saving and environment-friendly green development system, and an economic system that gives full play to the role of the market and the government. Several systems are a unified whole, which should be built and promoted as a whole.

　　The fifth is to promote the supply-side structural reform, which is the main line of economic work at present and for a long time to come. The general requirement for promoting supply-side structural reform is to "consolidate, strengthen, upgrade and smooth", and the five major tasks of "de-capacity, de-inventory, de-leverage, cost reduction and short-boarding" are focused on. The fundamental purpose is to resolve various structural imbalances faced by China’s economic development, improve supply quality, and make supply capacity better meet people’s growing needs for high-quality life.

　　Sixth, speed up the 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. The new development pattern defines the path choice of China’s economic modernization, emphasizes the domestic market, gives full play to the advantages of China’s ultra-large-scale market, and makes the domestic market and the international market better connected by exerting the potential of domestic demand on the basis of domestic demand leading and internal recycling.

　　Seventh, promoting social fairness and justice and gradually realizing the common prosperity of all people are the essential requirements of socialism and the important goal of socialist modernization. It is necessary to promote common prosperity in high-quality development, focus on expanding the scale of middle-income groups, strengthen the regulation and adjustment of high income, promote the equalization of basic public services, promote the common prosperity of people’s spiritual life, and promote the common prosperity of farmers and rural areas.

　　There are also scholars who specialize in studying the important expositions of the Supreme Leader’s General Secretary on some important issues, development concepts and strategic planning in specific fields, such as finance and taxation, real economy, digital economy, ecological economy, rural revitalization, regional coordination, global economic governance, the "Belt and Road Initiative" and the concept of a community of human destiny, which are also important components of the Supreme Leader’s economic ideology.

　　Third, a strict and complete logical system

　　Scholars comb the theoretical logic, historical logic and practical logic of the supreme leader’s economic thought from different perspectives in order to better grasp its core essence. The generalization of "1+7" has been widely recognized by theoretical circles. The new development concept occupies a leading position in the supreme leader’s economic thought, and the "seven persistences" as specific requirements and strategic measures are organically combined to form a complete ideological system with strict logic and rich content.

　　It is generally believed that the logical starting point of the supreme leader’s economic thought is that Socialism with Chinese characteristics has entered a new era. Some scholars also believe that "people-centered" has a foundation and leading significance for the systematic construction and innovative development of the supreme leader’s economic thought. Other scholars advocate that the logical starting point is the change of major social contradictions.

　　Some scholars use a judgment, a goal, five concepts, a main line, a method and a fundamental guarantee to summarize the theoretical framework of the supreme leader’s economic thought. A judgment means that China’s economy has changed from a high-speed growth stage to a high-quality development stage. One goal is to build a modern economic system. Five concepts, namely the new development concept. A main line refers to the supply-side structural reform as the main line of economic work. One method refers to the general tone of the work of striving for progress while maintaining stability. Fundamental guarantee refers to the party’s centralized and unified leadership over economic work.

　　Some scholars have expounded the rich connotation, structure and logical system of the supreme leader’s economic thought from five dimensions: essentialism, axiology, epistemology, practice and methodology. Adhering to the party’s leadership is the most essential feature of Socialism with Chinese characteristics’s economy; Taking the people as the center highlights the value orientation of the supreme leader’s economic thought and clearly answers the question of "for whom does Socialism with Chinese characteristics’s economy develop" in the new era; The new normal is the key to know and understand the supreme leader’s economic thought; Insist on making the market play a decisive role in resource allocation, give better play to the role of the government, persist in promoting supply-side structural reform as the main line of economic work, persist in problem-oriented deployment of new economic development strategies, clarify the practical requirements and key points of Socialism with Chinese characteristics’s economic construction in the new era, and systematically answer the question of "how to achieve development"; It is an important methodological principle of the supreme leader’s economic thought to persist in striving for progress in stability and adhering to the bottom line thinking.

　　As for how to grasp the economic thoughts of the supreme leader, some scholars pointed out that it is necessary to adhere to the integrity and systematicness, and to grasp the economic thoughts and views put forward by the general secretary of the supreme leader at different times since the 18 th National Congress of the Communist Party of China as a whole with internal relations and sustainable development.

　　Fourth, rich and profound theoretical sources

　　Scholars mainly trace the economic thought of the supreme leader from the following aspects.

　　First, the theoretical basis of the supreme leader’s economic thought is Marxist political economy. From studying, studying and applying Marxist political economy to "adhering to the major principles of Socialism with Chinese characteristics’s political economy" and "constantly improving the theoretical system of Socialism with Chinese characteristics’s political economy", General Secretary of the Supreme Leader is the process of constantly China-izing and modernizing the basic principles of Marxist political economy and forming the economic thoughts of the Supreme Leader. The basic value orientation of "people-centered" and "development for the people" is based on adhering to Marxist labor theory of value.

　　Second, the supreme leader’s economic thought is the inheritance and development of Mao Zedong Thought and Socialism with Chinese characteristics’s economic development thought. For example, correctly handle a series of major relations in economic and social development, adhere to the theory of the primary stage of socialism, adhere to the liberation and development of social productive forces, adhere to the theme of the times, adhere to the value orientation of maximizing people’s interests, adhere to the goal of building a well-off society in an all-round way and realizing modernization, adhere to the basic socialist economic system and establish and improve the socialist market economic system, adhere to strengthening the party’s leadership over economic work, adhere to the "national chess game", "overall consideration" and "striving for progress while being stable"

　　Third, the supreme leader’s economic thought has absorbed the nutrition of Chinese excellent traditional culture. China’s thoughts on governance and development, which have been handed down for thousands of years, are often quoted by the Supreme Leader General Secretary in his speech and creatively applied to his practice of governing the country.

　　Fourth, the supreme leader’s economic thought draws lessons from the beneficial components of western economics and profoundly summarizes the experience and lessons of contemporary capitalist economic development. In the 28th collective study in the Political Bureau of the Central Committee in 2015, General Secretary of the Supreme Leader pointed out that we adhere to the basic principles and methodology of Marxist political economy, and do not exclude the reasonable components of foreign economic theories. We should pay attention to learning from the aspects of western economics that reflect the general laws of socialized mass production and market economy, and at the same time, we should persist in removing the rough and selecting the fine, discarding the false and retaining the true, and take ourselves as the main factor and serve us.

　　V. Solid and heavy practical foundation

　　Scholars believe that tracing back to the practical source of the supreme leader’s economic thought mainly focuses on three aspects.

　　First, the major measures and successful experiences of socialist construction since the founding of New China, especially since the reform and opening up. This is the practical source of Socialism with Chinese characteristics Theory, and the supreme leader’s economic thought is the inheritance and development of these outstanding achievements.

　　Second, the great practice and brilliant achievements of Socialism with Chinese characteristics’s economic construction since the 18th CPC National Congress. Since the 18th National Congress of the Communist Party of China, the recovery of the world economy has been weak, local conflicts and turmoil have occurred frequently, and global problems have intensified. The CPC Central Committee with the Supreme Leader as the core has put forward a series of new ideas, new ideas and new strategies, promulgated a series of major principles and policies, launched a series of major initiatives, pushed forward a series of major tasks, solved many long-term unsolved problems, and made many major events that were tried but not done in the past, which promoted historic changes in the cause of the party and the state. This is the main practical basis of the supreme leader’s economic thought.

　　Third, General Secretary of the Supreme Leader has extraordinary personal experience and rich political experience. Comrade Supreme Leader’s life experience as an educated youth in northern Shaanxi, which is in harmony with the yellow land and local people, has made him establish the belief of serving the people wholeheartedly and laid the foundation of people-centered economic thought. The exploration of the Supreme Leader’s leading local economic work during his stay in Hebei and Fujian is the practical accumulation of the formation of the Supreme Leader’s economic thought. Comrade Supreme Leader visited Jinjiang seven times when he was working in Fujian, and put forward "Six Persistences", including the ideas of always adhering to the development of social productive forces as the fundamental direction of reform and development and always adhering to the market-oriented economic development. The above practical wisdom was further deepened when Zhejiang and Shanghai were in power, and the "Eight-eighth Strategy" and "Lucid waters and lush mountains are invaluable assets" were put forward while working in Zhejiang. Long-term experience at the grass-roots level has enabled the Supreme Leader to accumulate rich experience in economic work, and have personal feelings and deep thoughts on issues concerning agriculture, rural areas and farmers, people’s livelihood, poverty alleviation, coordinated development, opening to the outside world, ecological environment and innovative development, which have become the direct practical basis for the formation of his economic thoughts.

　　VI. Significant and profound theoretical innovations

　　Scholars generally believe that the supreme leader’s economic thought is the theoretical crystallization of the combination of Marxist political economy and the concrete reality of China’s economic development, and it is the innovative achievement of Socialism with Chinese characteristics’s political economy, which breaks through the traditional barriers of western economics, expands the way for developing countries to move toward modernization, and contributes China’s wisdom and China’s plan to solving human problems.

　　(A) the development and innovation of Marxist political economy

　　The first is to solve some difficult problems in political economy. People-centered thought has developed Marx’s labor theory of value and dispelled some people’s doubts about whether the labor theory of value can support the value orientation of Socialism with Chinese characteristics’s market economy reform. Adhere to the idea of making the market play a decisive role in resource allocation and better play the role of the government, and solve the theoretical problem of whether public ownership and market economy can be unified. The idea of supply-side structural reform is a further deepening of Marxist political economy theory on productivity and production relations, and a new theory to promote the advanced development of productivity.

　　The second is to enrich the new connotation of Marxist methodology. Insisting on problem orientation deepens the dialectical relationship between practice and cognition. Persisting in striving for progress in stability embodies the dialectical unity of movement and stillness, quantitative change and qualitative change, and is a vivid application and innovative development of materialist dialectics. Maintaining strategic strength is a creative application of contradiction analysis. Adhering to the bottom line thinking highlights the grasp of the stipulation of matter and matter, which is a major innovation in philosophical thinking mode.

　　Third, the category of "Socialism with Chinese characteristics’s Political Economy" is a profound change in the theory of political economy. Comrade Deng Xiaoping once pointed out that the Decision of the Central Committee of the Communist Party of China on Economic System Reform adopted at the Third Plenary Session of the Twelfth Central Committee of the Communist Party of China "wrote a first draft of political economy, which is a combination of the basic principles of Marxism and the socialist practice in China". The Central Economic Work Conference held in December 2015 proposed that we should adhere to the major principles of Socialism with Chinese characteristics’s political economy, emancipate and develop social productive forces, and adhere to the direction of socialist market economy reform, so that the market can play a decisive role in resource allocation. The category of "Socialism with Chinese characteristics’s Political Economy" is a systematic summary and sublimation of Socialism with Chinese characteristics’s economic construction theory since the reform and opening up, and has opened up a new realm of Marxist political economy in contemporary China.

　　(B) the development and innovation of Socialism with Chinese characteristics’s economic theory.

　　First, judging the reality of economic development by the new orientation of China’s development history and the changes of major social contradictions, and making a new judgment that China’s economy has entered a new stage of development have become an important basis for determining the direction of macroeconomic policies.

　　Second, the people-centered idea runs through the economic development in the new era and takes "accurate poverty alleviation" and "comprehensive well-off society" as the most important practical form in the contemporary era, which scientifically answers the question of "for whom to develop" and becomes the starting point and basic position of economic work.

　　Third, the new concept of development is a new concept of development that can solve the practical problems faced by China’s economic development when Socialism with Chinese characteristics enters a new era, enhance the development momentum, cultivate development advantages and lead economic development.

　　Fourth, it is a new breakthrough in the combination of socialism and market economy to insist on strengthening the centralized and unified leadership of the party over economic work and making the market play a decisive role in resource allocation and better play the role of the government.

　　(C) breaking through the barriers of western economics

　　The supreme leader’s economic thought draws lessons from the beneficial components of western economics, and has achieved breakthroughs and transcendence in many aspects.

　　First, it breaks through the analytical paradigm of binary opposition between government and market in modern western mainstream economics.

　　Second, adhering to the people-centered basic position is essentially to pursue the unity of fairness and efficiency in the process of economic growth, and then realize the all-round development of human beings, which transcends the assumption that the mainstream western economics takes profit maximization as the theoretical development premise, and avoids the resulting contradictions and various crises that the western economy continues to evolve.

　　Thirdly, the emphasis on independence and taking the road of modernization in line with China’s national conditions enriches and develops the connotation of the road of modernization, and breaks through the theoretical assumption and guidance that "modernization" equals "westernization" implied in the context of mainstream western economics.

　　Fourth, the supply-side structural reform is substantially different from the western supply school, which is an innovation and a major transcendence of the latter. The western supply school aims to solve the problem of stagflation, with large-scale tax reduction as the main means. The focus of supply-side structural reform in China is to liberate and develop social productive forces, promote structural adjustment, improve supply quality and improve total factor productivity, with the aim of making supply capacity better meet the growing, upgrading and personalized material, cultural and ecological environment needs of the broad masses of people.

　　Fifth, it has surpassed the economic growth and development theory of western economics, and formed an economic development concept and road with China characteristics. It transcends the western theory of comparative advantage in international trade and the theory of factor endowment, and adheres to the principle of ensuring national autonomy and mutual benefit and win-win in opening up, thus breaking and crossing the "development trap" such as stagnation of economic growth, dependence of international division of labor and debt crisis.

　　(D) Promote the reconstruction of the theory of international economic relations

　　With the deepening of economic globalization, the interests and destinies of all countries in the world are more closely linked. World affairs need to be discussed and handled by all countries more and more, and global challenges need more and more cooperation from all countries. It is in this new situation that the Supreme Leader General Secretary put forward the idea of building a community of human destiny, demanding that the legitimate concerns of other countries be taken into account when pursuing their own interests, promoting common development of all countries in the pursuit of their own development, establishing a more equal and balanced new global development partnership, enhancing the common interests of mankind and jointly building a better home on earth.

　　Some scholars have pointed out that "the community of human destiny" is a leading concept, which comprehensively promotes the original concepts in terms of international power, common interests, sustainable development and global governance, scientifically determines the basic starting point of international economic relations in the process of socialist modernization, and points out the path to solve global problems and promote global governance.

　　Some scholars have pointed out that the construction of a "community of human destiny" can solve the problems of anti-globalization, populism and trade protectionism in the current globalization process, and better guide the new globalization to a fairer and more harmonious development path. This is a new and significant theoretical original contribution put forward by China in the light of the new global economic situation, which has promoted the reconstruction of the theory of international economic relations.

　　Seven, a powerful weapon with great practical power

　　The new era produces new ideas, which guide new practice. The supreme leader’s economic thought provides us with a fundamental follow-up and action guide for doing a good job in economic work. Some scholars have pointed out that there are several important points to understand the guiding significance of the supreme leader’s economic thought to the practice of economic work: first, to form the institutional mechanism of the party’s centralized and unified leadership over economic work; The second is to form an economic policy system guided by the new development concept; The third is to form an economic development idea with supply-side structural reform as the main line; The fourth is to form an economic work methodology of striving for stability, emphasizing scientific thinking such as problem-oriented and bottom-line thinking.

　　Focusing on promoting high-quality development, the Central Economic Work Conference held in December 2017 put forward eight key tasks: deepening supply-side structural reform, stimulating the vitality of various market players, implementing rural revitalization strategy, implementing regional coordinated development strategy, promoting the formation of a new pattern of comprehensive opening-up, improving people’s livelihood, accelerating the establishment of a housing system with multi-agent supply, multi-channel guarantee and simultaneous rent and purchase, and accelerating the construction of ecological civilization. Some scholars attribute these measures to the practical path to realize the strategic goal of building a modern economic system.

　　Scholars generally believe that since the 18th National Congress of the Communist Party of China, the historic achievements and changes in China’s economic development have benefited from the scientific guidance of the supreme leader’s economic thought and the successful practice of this important thought. The economic thought of the supreme leader gives a new answer to the question of "what kind of economic development to achieve and how to achieve it" in the new era. The new development concept and "seven adherences" provide a scientific practical guide for achieving higher quality, more efficient, fairer, more sustainable and safer development. Some scholars believe that the overall victory in the fight against poverty and the great achievements in building a well-off society in an all-round way have embodied the practical guidance of the supreme leader’s economic thought.

　　The 2020 Central Economic Work Conference emphasized our regular understanding of doing a good job in economic work under severe challenges: the authority of the CPC Central Committee is the fundamental reliance of the whole party and the people of all ethnic groups in times of crisis; The supremacy of the people is the fundamental prerequisite for making a correct choice; Institutional advantage is the fundamental guarantee to form a powerful force to overcome the difficulties; Scientific decision-making and creative response are the fundamental methods to turn crisis into opportunity; Self-reliance of science and technology is the fundamental support to promote the overall development. Some scholars believe that these summaries made by the Central Economic Work Conference on the reasons for China’s great achievements in epidemic prevention and control and economic and social development under the grim situation have profoundly revealed the great practical guiding significance of the supreme leader’s economic thought to economic work.

　　Eight, distinctive theoretical character

　　Scholars have reached the following consensus on some distinctive characteristics of the supreme leader’s economic thought.

　　One is political. Politics is the fundamental quality of the supreme leader’s economic thought, which is embodied in "adhering to the socialist direction" and "adhering to the party’s centralized and unified leadership over economic work" Taking the political system as an important factor, we pay attention to expounding the relationship between politics and economy and the role of politics in economy, so as to make the supreme leader’s economic thought a "political economy" with distinctive China characteristics, China style and China style.

　　The second is people’s nature. Adhering to the people as the center is the foothold of the supreme leader’s economic thought, and it is a theoretical principle that not only embodies the party’s fundamental purpose and position, but also runs through the overall layout of "five in one" and the coordinated promotion of "four comprehensive" strategic layouts, and is implemented in all aspects of economic development.

　　The third is scientific. The economic thought of the Supreme Leader is a theoretical system that leads the high-quality development of China’s economy and society on the basis of inheriting and developing Marxist political economy and Socialism with Chinese characteristics’s economic theory and scientifically analyzing the new changes in China’s economic and social development in the new era. It contains profound academic rationality, rich connotation and rigorous logic.

　　The fourth is practicality. The formation of the supreme leader’s economic thought has a profound practical foundation, which comes from practice, comes from answering practical topics in the new era and develops in practice. This thought is full of practical wisdom, which plans the practical path of building a modern economic system and realizing the goal of "two hundred years", which is the fundamental follow-up of the party’s leading economic work.

　　The fifth is cosmopolitan. The supreme leader’s economic thought embodies the common value pursuit of mankind. Insisting on improving people’s well-being and promoting people’s all-round development as the starting point and end result of economic development reflects the common aspiration of mankind for a better life. Committed to peaceful development, emphasizing mutual benefit and sharing, actively participating in global economic governance and building a community of human destiny reflect the common aspiration of human beings for peaceful development, equal development and common development.

　　Some scholars believe that the distinctive features of the Supreme Leader’s economic thought are: the theoretical character of keeping pace with the times, the core essence of comprehensively deepening reform, the value pursuit of the great rejuvenation of the Chinese nation and the remarkable improvement of people’s living standards, a clear understanding of China’s economic and social development goals and roads, and an unswerving pursuit of modernization in line with China’s national conditions.

　　Nine, make a significant contribution to the construction of Socialism with Chinese characteristics’s political economy.

　　In November 2015, General Secretary of the Supreme Leader emphasized in the 28th collective study in the Political Bureau of the Central Committee that we should base ourselves on China’s national conditions and our development practice, reveal new features and laws, refine and summarize the regular achievements of China’s economic development practice, turn practical experience into systematic economic theory, and constantly open up a new realm of Marxist political economy in contemporary China. In July, 2016, General Secretary of the Supreme Leader presided over an expert symposium on economic situation, stressing that to uphold and develop Socialism with Chinese characteristics’s political economy, we should take Marxist political economy as the guide, sum up and refine the great practical experience of China’s reform, opening up and socialist modernization, and learn from the beneficial elements of western economics. In May 2017, the Central Committee of the Communist Party of China issued the Opinions on Accelerating the Construction of Philosophy and Social Sciences with China Characteristics, proposing to accelerate the construction of the discipline system of philosophy and social sciences with China characteristics. A series of important expositions made by the Supreme Leader General Secretary provided a fundamental basis for the construction of Socialism with Chinese characteristics’s political economy, and scholars had a heated discussion on how to build and develop Socialism with Chinese characteristics’s political economy.

　　The first is about the basic principles that should be adhered to in the construction of Socialism with Chinese characteristics’s political economy. Scholars put forward that we must base ourselves on the primary stage of socialism and reflect the characteristics of the times, which is the general basis for building Socialism with Chinese characteristics and the basis for Socialism with Chinese characteristics’s political economy. Under the guidance of Marxism, we should absorb the important achievements of Socialism with Chinese characteristics’s economic theory and draw lessons from foreign economic theories reasonably. Some scholars put forward that adhering to the principle of liberating and developing productive forces is the basic method and principle of developing and applying Socialism with Chinese characteristics’s political economy, and emphasized that the theory of socialist market economy should occupy an important position in Socialism with Chinese characteristics’s political economy theory system.

　　The second is about the research object of Socialism with Chinese characteristics’s political economy. Some scholars believe that it should be consistent with the classical Marxist political economy, and take the relations of production as the research object. Some advocate taking the mode of production as the research object, while others emphasize the national characteristics of Socialism with Chinese characteristics. Some scholars believe that Socialism with Chinese characteristics’s political economy studies the laws of production, exchange and distribution in the primary stage of socialism in China, which contains national and historical characteristics.

　　The third is about the theme and theoretical logic of Socialism with Chinese characteristics’s political economy. Some scholars believe that Socialism with Chinese characteristics’s political economy is to solve a series of outstanding contradictions and problems faced by China’s development, and development is the core theme. The main content of the supreme leader’s economic thought "one idea plus seven persistences" is also the theoretical logic of Socialism with Chinese characteristics’s political economy. Some scholars have suggested that adhering to the people-centered development thought has established the main line for the construction of Socialism with Chinese characteristics’s political economy, and the idea of handling the relationship between the government and the market has established the basic paradigm for the allocation of Socialism with Chinese characteristics’s political economy research resources.

　　The fourth is about the function of Socialism with Chinese characteristics’s political economy. Some scholars have pointed out that there should be a clear division of labor and boundary division among some disciplines in Socialism with Chinese characteristics’s theoretical system of economic construction, and to achieve a breakthrough in theoretical system construction, it is necessary to clearly divide the disciplinary boundaries of Socialism with Chinese characteristics’s economic construction at the three levels of "guiding ideology", "basic principles" and "realistic economic policy research", so as to play their respective roles.

　　Ten, to further promote the research to go deep and practical.

　　(A) the supreme leader’s economic thought research has achieved remarkable results.

　　The theoretical research on the supreme leader’s economic thought is vigorous, effective and has a good momentum, which is mainly reflected in the following two aspects.

　　First, important domestic units and departments set up specialized research institutions, which provided strong support for in-depth research on the economic thought of the supreme leader.

　　Since 2017, the Central Committee of the Communist Party of China has successively approved the establishment of 18 research centers (institutes) for Socialism with Chinese characteristics Thought of the Supreme Leader in the New Era. In 2017, the Central Party School, Ministry of Education, China Academy of Social Sciences, National Defense University, Beijing, Shanghai, Guangdong, Peking University, Tsinghua University and China Renmin University, 10 units were approved. In July 2020, the Ministry of Foreign Affairs was approved. In June, 2021, 7 units from National Development and Reform Commission, Ministry of Ecology and Environment, china law society, Jiangsu, Zhejiang, Fujian and Shandong were approved. The National Development and Reform Commission established the Research Center of the Supreme Leader’s Economic Thought, which is a specialized institution for studying the economic thought of the Supreme Leader, with more than 40 governing units.

　　In addition to the above-mentioned research institutions approved by the central government, some localities and many colleges and universities have also set up research institutions on Socialism with Chinese characteristics Thought of the Supreme Leader in the New Era. These research institutions give full play to their respective advantages to study the Supreme Leader’s Socialism with Chinese characteristics Thought in the new era, each with its own emphasis and characteristics, and it is one of their important responsibilities to carry out the research on the Supreme Leader’s economic thought.

　　Second, a large number of national social science fund projects were approved and a large number of high-level research results were published, laying the foundation for further deepening the study of the supreme leader’s economic thought.

　　According to the national social science fund project database, there are many topics whose project names contain the key words of the top leaders’ economic thoughts, such as: new development concept, people-centered, new economic normal, making the market play a decisive role in resource allocation and giving better play to the role of the government, high-quality development, supply-side structural reform, rural revitalization, Belt and Road Initiative, and community of human destiny.

　　Searching from China HowNet and the national library’s collection catalogue, the main content of the supreme leader’s economic thought is the key word, and many works are searched out, specifically from different regions, industries and fields. Judging from the publication of the paper, there are many related articles, most of which are in 2018 and 2019, with "the economic thought of the supreme leader" as the keyword search. The number of detailed research papers increased rapidly in 2020 and 2021, among which "high-quality development" and "Belt and Road" were the most, followed by "supply-side structural reform", "new development concept" and "new development pattern".

　　(B) Further promoting the study of the supreme leader’s economic thought has a long way to go.

　　The research on the supreme leader’s economic thought has achieved gratifying results and deepened the understanding of a series of related important issues. However, because this idea has not been established for a long time, and it is in the process of continuous enrichment and development, there are still some shortcomings in the theoretical circle in terms of overall grasp, systematic understanding and deepening research, and it is a long way to go to further promote research.

　　From the previous review of the projects approved by the National Social Science Fund and the publication of research works, it can be seen that the projects and works titled "Economic Thought of the Supreme Leader" or "Economic Thought of Socialism with Chinese characteristics in the New Era of the Supreme Leader" are rarely seen, indicating that there are not many systematic and weighty research results.

　　Judging from the published articles, there are still some shortcomings in the current research. First, the integrity of the theoretical system of the supreme leader’s economic thought is not combed enough, and the grasp is not in place. Second, there are many general descriptions of the important expositions of the Supreme Leader General Secretary and macro explanations of the theoretical concept itself, and there are many problems in the research, but there is not enough in-depth research on the historical and practical origins of this idea and the elements of the theoretical system. Third, there is insufficient research on how the supreme leader’s economic thought is implemented in economic work practice and guided practice. Fourthly, the world significance of this thought has not been studied deeply. Fifth, most of the researchers come from Marxist theoretical disciplines and economic disciplines, while other disciplines such as politics, sociology, management and history are relatively weak.

　　(C) Some suggestions for further research.

　　The supreme leader’s economic thought comes from the practice of China’s socialist modernization, and is constantly enriched and developed in practice. Therefore, the study of this thought is a long-term and systematic project that needs to be deepened and refined continuously. Deepening the research faces an important task, that is, presenting the theoretical system of the supreme leader’s economic thought accurately, completely and systematically, and strengthening the guiding significance of the supreme leader’s economic thought to economic work. Therefore, in the future research work, we need to focus on the following issues.

　　First, strengthen systematic research and grasp the theoretical system as a whole. The supreme leader’s economic thought is rich and profound. In order to accurately understand and present it completely, it is necessary to further trace the theoretical and practical sources of the supreme leader’s economic thought, deeply understand its value pursuit and practical goal, accurately grasp its core connotation, straighten out its theoretical framework and logical relationship, comprehensively grasp its scientific thinking methods and working methods, and clarify its theoretical innovation, practical guiding significance and world value.

　　Second, coordinate the research at macro, meso and micro levels. The supreme leader’s economic thought is composed of various and multi-level concrete ideas. The research must go deep into these specific levels and deeply understand the problem consciousness, theoretical connotation and practical direction of these new ideas and strategies.

　　Third, carry out in-depth investigation and study, and strengthen the summary of the supreme leader’s economic thought practice. Paying attention to the guiding role of theory in practice and the test of theory by practice can help us realize the practical value of the supreme leader’s economic thought more effectively, thus further enhancing our understanding of scientific theory. Since the end of 2020, Economic Daily has carried out in-depth research on the practice of the supreme leader’s economic thought nationwide, published a large number of high-quality research reports, displayed the implementation of the supreme leader’s economic thought and innovative measures in various places, and summarized and popularized successful experiences. This work is worthy of continuous and in-depth promotion on a larger scale.

　　Fourth, strengthen interdisciplinary research. The supreme leader’s economic thought is the latest achievement of Marxism in contemporary China, which includes political, economic, social, cultural, historical, ecological and other fields, and reflects the development of China and the world. Multidisciplinary perspectives and multidimensional research methods are conducive to the expansion and deepening of research.

　　Fifth, speed up the construction of Socialism with Chinese characteristics’s political economy. Guided by the series of important expositions of the Supreme Leader’s General Secretary, the discussion on the principles and framework of Socialism with Chinese characteristics’s political economy will enter the stage of discipline entity construction as soon as possible, so that Socialism with Chinese characteristics’s political economy will form a strong support for the study of the Supreme Leader’s economic thought in terms of disciplines, institutions and talents.

　　Sixth, increase the external publicity and interpretation of the supreme leader’s economic thought. The new development concept and the concept of community of human destiny put forward by the Supreme Leader have profoundly influenced people’s views on the world, relations between countries and human development. China’s great achievements in poverty reduction have made great contributions to global poverty reduction, and the China route of economic modernization has contributed China’s wisdom and China’s plan to the international community. We should make greater efforts to tell the story of China from the perspective of theoretical research, so that the world can understand China more comprehensively, stereoscopically and objectively, and make a peaceful, progressive and prosperous China better benefit the world.

　　(This article Source: Economic Daily Author: Economic Daily Research Group Member: Ji Zhengju Xu Xiangmei Qin Yue Pei Wen Pen: Ji Zhengju Xu Xiangmei)

Protecting personal information and privacy has become a hot topic in the science and technology circle recently. At the 315 party, cases such as companies illegally collecting face information and cleaning up software stealing information from the elderly were exposed. From the perspective of the regulatory authorities, the protection measures for personal information are also increasing.

Last week, Yang Xiaowei, deputy director of the National Internet Information Office, said at a press conference that the Data Security Law and the Personal Information Protection Law are being stepped up to provide legal protection for data security and personal privacy protection at the legal level.

Yesterday, the State Internet Information Office, the Ministry of Industry and Information Technology, the Ministry of Public Security and the State Administration of Market Supervision jointly issued the Provisions on the Scope of Necessary Personal Information for Common Mobile Internet Applications (hereinafter referred to as the Regulations).

, which shall come into force on May 1, 2021.

Does the App have excessive collection of personal information? If the user does not agree to provide unnecessary personal information, the App refuses to provide users with basic functional services? In this regard, Sohu Technology reviewed the privacy policies of the top ten commonly used apps and compared them with the necessary personal information defined in the Regulations.

It should be noted that whether device and log information and Cookie belong to personal information is still controversial. If it is counted as personal information and strictly in accordance with the restrictions in the Regulations, Sohu Technology found that the top ten apps, including iQiyi, Baidu Map, Didi, Alipay, Meituan, Pinduoduo, Taobao, WeChat, QQ and Tik Tok, may need to be rectified. Because in addition to the necessary information mentioned in the Regulations, these apps will also collect users’ device and log information, Cookie and similar data files by default.

Generally speaking, equipment information mainly includes unique equipment identification code, login IP address, equipment model, etc. Log information mainly includes browsing records, retrieval records, access date and time, etc.

Of course, if the above information is not defined as personal information, then the personal information collection of these apps is basically compliant. Some apps have out-of-range information collection, which users can refuse and will only affect additional services.

Iqiyi:

In the "Regulations", the basic functional services of online audio-visual apps are "movies, music search and playback", and the basic functional services can be used without personal information.

In the privacy policy of iQiyi, iQiyi claims that the collection of device information and log information is to provide the most core service content display/play/download service. If the above information and/or permission are refused, the products and services may not be used. Iqiyi also stressed that individual device information, log information, etc. cannot identify the user’s identity information.

Specifically, the device information includes MAC address of the device, unique device identification code, login IP address, device model, device name, device identification, browser type and setting, language setting, operating system and application version, access mode to the network, network quality data, mobile network information (including operator name), product version number, and information related to the location of the device.

In terms of log information, iQiyi will automatically collect users’ personal online records and save them as relevant operation logs and service logs, including browsing records, likes/sharing/comments/interaction records, collection/attention/reservation records, playing records, playing duration, and date and time of visit.

Iqiyi said that Cookie and similar technologies may be used to collect some personal information of users, including their habits of visiting websites, browsing information and login information.

Didi:

In the "Regulations", the basic functional services of online car-hailing apps are "online taxi booking service and cruise taxi calling service", and the necessary personal information includes: 1. Mobile phone number of registered users; 2. The passenger’s departure place, arrival place, location information and whereabouts; 3. Payment information such as payment time, payment amount and payment channel (online booking taxi service).

In Didi’s privacy policy, personal information necessary to complete the above basic functions includes mobile phone number, itinerary information, payment information, location information, order information and transaction status, audio and video recording information, equipment information and log information.

Specifically, users need a mobile phone number and a password to register. If they log in with WeChat, they also need to obtain the OpenID； of WeChat platform. Travel information, including departure place, arrival place, whereabouts track, duration and mileage information; Payment information includes payment tools, payment account risk control information and payment status. If users use Didi Wallet, they need to set payment password, record balance, payment record, cash withdrawal record and bank card number.

In addition, Didi said that in order to improve the product safety capability, the sound information of the in-vehicle environment during the user’s trip will be obtained through software or hardware equipment. Some registered vehicles in the platform may be equipped with in-vehicle video recorders and other equipment, and users may be recorded with video information. Moreover, Didi will collect device information (including device model, operating system version, device settings, MAC address, device identifiers such as IMEI, IDFA and OAID, SIM card IMSI information, SIM card attribution, device environment, mobile application list and other software and hardware feature information) and log information (including browsing records, content retrieval, click to view records, transaction records, IP address browser type, telecom operator, language used, and access date and time).

Alipay:

In the "Regulations", the basic functions of online payment apps are "online payment, cash withdrawal, transfer and other functions", and the necessary personal information includes: 1. Mobile phone number of registered users; 2 registered user name, certificate type and number, certificate validity period, bank card number.

In Alipay’s privacy policy, users need to provide their mobile phone number or email address as account login names. Users also need to provide basic identity information, including name, nationality, gender, occupation, address, contact information, type, number and expiration date of valid identity documents, and color photocopies or photos of valid identity documents.

In the operation of balance payment, it is necessary to record the balance information and transaction information of the payment account; In fast payment, users need to provide the name of the bank, the card number of the bank card, the validity period of the bank card, the name and ID number, and the reserved mobile phone number of the bank; In the transfer operation, if you transfer money to someone else’s Alipay account, you need to enter the payee’s account, payee’s partial name and transfer amount; When transferring money to someone else’s bank card, you need to enter the payee’s name, card number and bank.

When a user makes a purchase, Alipay claims that it will collect the transaction information of the user directly or from merchants, including transaction amount, transaction object, transaction commodity, transaction time and delivery information (if any). If the user does not agree, the transaction may not be completed.

In addition, for security reasons, Alipay claims that it needs to record Alipay service category, mode, equipment brand, equipment model, equipment name, IP address, MAC address, equipment software version information, equipment identification code, equipment identifier, location, network usage habits, equipment-related application information and other log information related to Alipay services. If you don’t agree to record the above information, you may not be able to complete the wind control verification.

Baidu map:

In the "Regulations", the basic function service of map navigation App is "positioning and navigation", and the necessary personal information is: location information, departure place and arrival place.

Through Baidu Map Privacy Policy, we can see that the personal information directly provided by users and automatically collected by App includes: registration information, device information, location information, log information, vehicle information, address book information, calendar information, application list information, and the information beyond the scope is mainly collected for additional services.

For example, in terms of registration information, when registering a Baidu universal account, users need to provide the account name, avatar, secret email address, secret mobile phone, secret security questions, and create a password. Or, log in with a third-party account. Baidu map privacy policy points out that if you don’t log in to Baidu map, it will not prevent users from using the core business functions of location service and search service, but it will affect the use of additional business functions such as error reporting and comment.

Meituan:

In the "Regulations", the basic function service of catering take-away App is "catering purchase and delivery", and the necessary personal information includes: 1. Mobile phone number of registered users; 2. The consignee’s name, address and telephone number; 3. Payment information such as payment time, payment amount and payment channel.

In Meituan’s privacy policy, users need to provide their mobile phone numbers to create accounts, and improve relevant network identification information (such as avatar, nickname and login password, etc.); In terms of payment information, it is necessary to collect the order information, reconciliation information and other necessary information required by law; When it comes to delivery and other services, users need to provide the name, gender, mobile phone number, delivery address, house number, etc. of the consignee.

In addition, Meituan will also collect logs and equipment information. When users use the products/services provided by Meituan, Meituan will collect information such as browsing, searching, clicking, collecting, adding shopping carts, trading, after-sales, paying attention to, sharing and publishing, and save them as relevant web logs, including IP address, browser type, language used, operating system version, date and time of visit, telecom operator, network request, etc.

Meituan will also obtain user’s device information, including device attributes, connection and status information, such as device model, device identifier (IMEI/Android ID/IDFA/OpenUdid/GUID/OAID, SIM card IMSI, ICCID information, etc.), device MAC address, software list, telecom operator and other software and hardware feature information.

Pinduoduo:

In the "Regulations", the basic function service of online shopping apps is "purchasing goods", and the necessary personal information includes: 1. The mobile phone number of registered users; 2. The consignee’s name, address and telephone number; 3. Payment information such as payment time, payment amount and payment channel.

In Pinduoduo’s privacy policy, users need to provide their mobile phone number for registration to complete the basic function of "purchase", and Pinduoduo will collect the user’s equipment information, log information, order information and payment information.

Specifically, device information includes but is not limited to device type, device model, device setting, device identification code, device storage space, operating system and application version, language setting, resolution, and software and hardware feature information. In addition, Pinduoduo may write into the storage space of the devices used by users when accessing the Pinduoduo platform or using Pinduoduo services.

In terms of log information, Pinduoduo said that when users visit the Pinduoduo platform or use services, the system may automatically receive and record information on browsers and computers (including but not limited to IP address, browser type, search records, browsing records, browsing habits, language used, date and time of visit, telecom operators and web records of recording requirements).

The order information includes the name (or name) of the consignee, the receiving address and the telephone number. The order also contains the order number, the information of the goods or services purchased, the time of placing the order, the time of group formation, the actual payment amount and the payment method adopted. As for payment information, users can complete payment through third-party payment institutions, and the payment function itself does not collect personal information. However, Pinduoduo needs to share the user’s order number, transaction amount and transaction information required by other payment institutions selected by users with the payment institutions selected by users.

In addition, Pinduoduo said that users may know their identity and usage habits through cookies, but users can modify their acceptance of cookies or reject cookies from Pinduoduo through their browsers.

Taobao:

"Taobao Privacy Policy" shows that in addition to the telephone number required for member registration, the company will collect information about users’ collections, purchases and purchases, and the location of users to recommend goods and services. For the sake of security, Taobao said that it needs to collect and process the user’s equipment information and log information. In addition, in order to provide preferential information about nearby goods and services, the user’s location information will also be read, but the user can choose to turn it off.

Taobao said that most of the above personal information was provided by users voluntarily, or Taobao obtained it through Cookies, SDK and similar technologies when users used products, and some of it was obtained indirectly from third parties.

Wechat:

In the "Regulations", the basic functional service of instant messaging apps is "providing online instant messaging services such as text, pictures, voice and video". The necessary personal information includes: 1. The mobile phone number of registered users; 2. Account information: account number and account number list of instant messaging contacts.

The Guide to Privacy Protection of WeChat shows that when users register for WeChat service, the information they need to provide includes account information, mobile phone number, device model, operating system, login IP address, search conducted on WeChat, records of viewing operations and other log information. WeChat calls this kind of information "the basic information that must be collected to provide services".

When using functions such as nearby people, shaking, face-to-face group building and nearby applets, WeChat will record the geographical location information after obtaining the user’s consent. If it refuses to provide it, it will not be able to use the above functions. Wechat search, search and take a look also collect search records, reading records, recommendation records and visit times, comments and interaction records.

With the continuous superposition of WeChat functions, in addition to the basic communication functions, WeChat also carries many other needs, which inevitably involves more personal information collection.

QQ：

"Guidelines for QQ Privacy Protection" shows that when users use QQ services, they will collect log information such as device model, operating system, device Mac address, unique device identifier, application ID, login IP address, QQ software version number, access mode, type and status, network quality data, operation log, service log information (such as your browsing history under reading function, service failure information, etc.), which is for providing information.

QQ will collect some sensitive information, such as steps, mobile phone contact information and geographical location information, when users use some functions, but refusing to provide them will make users unable to use related specific functions, but will not affect the use of other QQ functions.

In addition, third-party partners of QQ will use third-party SDK to collect and use users’ personal information. For example, users can share specific content to Sina Weibo, and QQ is connected to Sina Weibo SDK. Third-party partners may collect personal common equipment information and network status. When users use Huawei mobile phones, the mobile phone manufacturer Push SDK accessed by QQ needs to collect the MAC address and unique identification information (such as IMEI) of the mobile phone device, and may collect parameters such as the user’s mobile phone model, system type, system version, network status, etc. for pushing information.

Like WeChat, the user information collected by QQ is also out of scope, but according to the Guidelines, if you refuse to provide relevant information, it will only affect the corresponding functions and will not affect the basic functions.

Tik Tok:

In the "Regulations", the basic function service of short video apps is "video search and play for no more than a certain period of time", and the basic function service can be used without personal information.

Tik Tok Privacy Policy points out that the information provided by users and obtained by automatic means includes account number, identity authentication, log information (click, follow, collect, search, browse and share), release information, address book, geographical location information and equipment information.

However, Tik Tok said, "Based on our cooperation with communication operators, when you use the" one-click login "function of Tik Tok, the operator will send us your mobile phone number with your express consent, so that we can provide you with fast login service. The mobile phone number belongs to personal sensitive information. If you refuse to provide it, you will not be able to register and log in to Tik Tok by "one-click login", but it will not affect your registration and login by other means, nor will it affect the normal use of other functions. "

In addition, Tik Tok said that in order to improve the uploading speed of audio and video, enrich the publishing function and optimize the experience, when users publish audio and video, Tik Tok will temporarily load the audio and video to the server before clicking "Publish" to confirm the uploading. However, users can turn it off in the settings.

To sum up, users’ device information, log information and Cookie are basically collected by default. After entering the App, there is no relevant button to choose to reject the "collected" device and log information; If you want to reject the "collected" Cookie, you need to turn off the relevant permissions in the browser, and you need the browser to support the relevant functions.

For example, in the Regulations, online audio-visual apps can use basic functional services without personal information. In iQiyi’s privacy policy, iQiyi claims that refusing to provide equipment information and log information may lead to the inability to use products and services.

It should be noted that the definition of whether device information, log information, etc. belong to personal information is still vague. Pinduoduo mentioned in his privacy policy that individual device information, log information, search keyword information and other information or data that cannot be directly linked with a specific individual are not personal information or personal sensitive information. However, according to the national standard "Information Security Technology Personal Information Security Specification" implemented in October last year, online records, common equipment information, etc. belong to personal information.

(|||) (||)(||)ev is the first four-seat new energy vehicle under SAIC-GM. This model is mainly positioned as a commuter scooter, and can also be used for short-distance driving. Then when it comes to travel, you have to mention the cruising range of Wuling Hongguang. So what is the cruising range of this car? Let’s take a look at the detailed explanation of Pacific Auto.

The measured endurance is 150 kilometers.

At present, there are two models of the latest 2021 Wuling Hongguang MINI on sale, with a guide price of 376-436 thousand yuan and a cruising range of 120km and 170km. The main test is the 170km endurance version of Wuling Hongguang MINI, which runs on urban roads with normal driving habits. In the end, the cruising range of Wuling Hongguang MINI can reach 150km.

Excellent power system

The price of only about 40 thousand yuan can reach the battery life of 150km, which is very good, mainly thanks to the excellent power system of Wuling Hongguang MINI. In terms of power, the model is equipped with a permanent magnet synchronous motor with a total power of 20kw and a total torque of 85N.m, and is equipped with a 13.8kwh ternary lithium battery pack.

Security configuration

Wuling Hongguang MINI not only has excellent endurance and excellent power system, but also has rich safety configuration. In terms of safety, the new car is equipped with anti-lock braking, brake distribution system, main driver’s airbag, tire pressure monitoring, rear parking radar, rear image and uphill assist.

Through this description of the cruising range of Wuling Hongguang MINI, we can see that the measured cruising range of Wuling Hongguang MINI is very good.

The above is the related content of the measured cruising range of Wuling Hongguang MINI, which can reach 150km.

() The business review of the Board of Directors in the first half of 2023 is as follows:

　　I. Main businesses of the Company during the reporting period

　　(a) the industry situation

　　The company belongs to intelligent network and intelligent transportation industry. With the rapid development of next-generation information technologies such as artificial intelligence, mobile internet and big data, intelligent networking and autonomous driving are becoming a new generation of intelligent transportation systems. Intelligent networked traffic system is an integrated intelligent network system that realizes real-time and high-precision perception of road traffic environment through advanced vehicle and road sensing equipment such as radar and video, and realizes communication, information exchange and control instruction execution between vehicles, vehicles and roads, vehicles and people, and vehicles and road traffic facilities according to agreed communication protocols and data interaction standards, and finally forms intelligent traffic management and control, intelligent dynamic information service and automatic driving of networked vehicles. Intelligent Transportation System (ITS) is an efficient, convenient, safe, environmental-friendly, comfortable, real-time and accurate comprehensive transportation management system which effectively integrates advanced information technology, data communication and transmission technology, electronic sensing technology and computer software processing technology into the whole ground transportation management system.

　　Intelligent transportation and digital transportation are the highlights of future development, and they are also important engines to promote the high-quality development of transportation. In recent years, China has accelerated the development of intelligent transportation and digital transportation, and issued a series of policies, such as the "Tenth Five-Year Plan" for scientific and technological innovation in transportation field and the overall layout plan for the construction of digital China, to guide the industrialization development of intelligent transportation and digital transportation in key areas such as intelligent transportation infrastructure, travel service and vehicle-road coordination. According to the data released by China Intelligent Transportation Association, the intelligent transportation market in China will reach 165.8 billion yuan in 2020, with a compound annual growth rate of 14% from 2017 to 2020. It is estimated that the intelligent transportation market in China will reach 243.2 billion yuan in 2023. In recent years, China has vigorously developed intelligent transportation and digital transportation, promoted the integration of next-generation information technologies such as cloud computing, big data, Internet of Things, mobile Internet, blockchain and artificial intelligence with transportation, and launched pilot applications of intelligent transportation. The scale of smart transportation technology expenditure in China has been increasing. With the gradual maturity of artificial intelligence technology and the promotion of many policies, the intelligentization, intellectualization and digitalization of expressways have become the main development direction of highway transportation. With the further development of digital traffic construction in China, the market scale of expressway intellectualization and digitalization will continue to climb. The China Commercial Industry Research Institute predicts that the market scale of expressway intellectualization in China will reach 90.3 billion yuan in 2023. The Chinese government has issued policies related to intelligent transportation and digital transportation.Encourage the construction of smart railways, smart civil aviation, smart ports, digital waterways, smart parking, smart traffic control and other fields, and promote the transformation of the transportation system to intelligence and digitalization.

　　Smart city is an important support of digital China, digital society and digital transportation. The outline of the 14th Five-Year Plan and the report of the 20th National Congress of the Communist Party of China focus on "building a livable, resilient and smart city" to promote the overall situation of Chinese modernization. The new smart city is a new concept and path to promote the modernization of urban governance system and governance capacity, and it is also an important carrier for the construction of a network power and the development of digital economy. On June 17th, 2023, the group standard of Green Smart City Evaluation Index System (T/ZSCPA001—2023) led by the National Information Center was officially released. With the deepening of new urbanization, the continuous implementation of "Digital China" strategy, the deep integration of digital technology and real economy, and the overall acceleration of digital transformation, the digital construction of smart cities is facing new opportunities. The development and integrated application of technologies such as 5G, Internet of Things and driverless help intelligent travel. More and more cities use technologies such as vehicle-road coordination, artificial intelligence, smart parking and cloud computing to monitor traffic flow, congestion index and delay index in real time to improve traffic efficiency. The growing ecology of new industries such as the Internet of Vehicles and the Internet of Things has effectively promoted the digitalization, networking and intelligent development of traditional industries such as automobiles and transportation, and has gradually evolved into a gathering of digital economic development such as smart travel and digital traffic management.

　　In recent years, relevant government departments have actively promoted the development of intelligent networked automobile industry, and the market scale of the industry has grown rapidly. On June 21st, 2023, the Ministry of Industry and Information Technology announced that it would start the pilot of intelligent networked vehicle access and road traffic, and support the commercial application of conditional (L3 level) and higher autonomous driving. On July 18th, 2023, the Ministry of Industry and Information Technology and the National Standardization Administration Committee issued "Guidelines for the Construction of National Vehicle Networking Industry Standard System (Intelligent Networked Vehicle) (2023 Edition)", pointing out that the system will form an intelligent networked vehicle standard system that can support the general functions of combined driving assistance and automatic driving from the first stage to 2025. With the accelerated change of science and technology in the industry and the accelerated upgrading of technology, China Commercial Industry Research Institute predicts that the market size of China intelligent networked automobile industry will increase to 150.3 billion yuan in 2023. In the field of vehicle electrification, intelligence and networking, China market is at the forefront of the world, which promotes the rapid improvement of the penetration and performance of intelligent driving assistance products and intelligent networking products. Thanks to the rapid development of new energy vehicles and the continuous strengthening of automobile intelligence, the demand for networked automotive electronic products is growing.

　　(II) Main businesses of the company during the reporting period

　　1. Overview of main business

　　Based on the national development keynote of "transportation is the key to rejuvenating the country and the foundation of strengthening the country", the company fully understands the customer demand and future development trend of the transportation industry based on years of experience and technology accumulation in the transportation industry, and is committed to constantly breaking through the tradition and pursuing innovation in the directions of smart transportation, smart cities and smart cars. The company builds a ubiquitous perception business ecosystem around "car" and "road", and based on artificial intelligence, car-road collaboration and digital twin common technologies, it forms three core driving capabilities of the Internet of Things: global fusion perception, space-time integration digital base, and cross-domain resource sharing and exchange. The main business can be summarized as 5 business divisions, 2 basic support systems, 2 business groups and 2 marketing systems. Among them, the five major business divisions include intelligent networking division, laser products division, automotive electronic products division, ETC products division and weighing products division; The two basic support systems include four R&D centers in Beijing, Wuhan, Suzhou and Shenzhen, and 32 prefecture-level technical service centers in China. Type 2 business groups include seven molecular companies and innovative businesses such as intelligent ETC; The two marketing systems include domestic business marketing and international business marketing.

　　2. Main products and uses

　　2.1. Intelligent networking series

　　2.1.1. Product category

　　Through years of continuous R&D investment in the field of intelligent networking, the company has gradually gained corresponding advantages in the market competition, forming a full-stack service capability covering "car-road-cloud-network-map".

　　1)V2X vehicle-road coordination

　　V2X series products adopt a new generation of C-V2X communication technology and support 5G mobile network communication, which is to realize effective data exchange among various elements in the transportation system, including vehicle-to-vehicle (V2V), vehicle-to-road (V2I), vehicle-to-person (V2P), vehicle-to-cloud (V2N) and other technical modes, namely vehicle-to-vehicle information exchange and vehicle-to-outside information exchange. The product has the characteristics of long coverage, low communication delay, large data communication bandwidth, stability and reliability, etc., and can be adapted to intelligent transportation solutions in high-speed mobile scenes. By interacting with the platform and infrastructure, the vehicle-road-cloud collaborative interaction can be realized, empowering assisted driving and automatic driving.

　　2) Global Fusion Perception of Internet of Things

　　In terms of global fusion perception of the Internet of Things, the roadside intelligent perception system independently developed by the company integrates the functions of road information perception, data storage and calculation, information relay transmission, etc., adopts advanced sensors to realize accurate perception of traffic information, integrates sensing equipment such as laser radar, millimeter wave radar and AI camera, analyzes and processes the perceived information by using edge computing technology, and transmits the information to surrounding vehicles, mobile terminals and the cloud with extremely low delay through 5G/V2X communication, thus realizing "vehicle-to-cloud".

　　3) Intelligent networked cloud control platform

　　Intelligent networked cloud control platform, based on high-precision map, 3D modeling and multi-source sensing data fusion, realizes digital twinning, intelligent networked, vehicle-road coordination and other functions, and is actually applied to intelligent networked demonstration area, vehicle networking pilot area, automatic driving test field, holographic intersection, intelligent expressway, digital tunnel, intelligent service area, digital toll station and other scenes.

　　2.1.2. Solution class

　　The company has launched an all-round vehicle-road collaborative solution for smart high-speed and dual-smart cities.

　　1) Intelligent Vehicle Infrastructure Cooperative Systems solution

　　Advanced roadside fusion sensing, V2X communication and next-generation Internet technologies are adopted to implement dynamic real-time information interaction between vehicles and roads in all directions.

　　2) Digital Tunnel Solution

　　Through the core technologies such as high-precision vehicle positioning and global tracking technology, the functions of global monitoring of two passengers and one dangerous vehicle, highly reliable event detection and release are realized, and the tunnel safety factor is improved.

　　3) Digital Toll Station Solution

　　Realize the manager’s one-map global operation state perception, vehicle global tracking, accurate shunting success rate statistics and fare evasion behavior evidence collection, and solve the toll station congestion problem through ramp free flow, lane diversion and lane control.

　　4) Digital service area solution

　　Realize the global tracking of vehicles, automatic management of parking lots, and accurate analysis of passenger flow portraits. Through the deep integration of unmanned sweepers and unmanned food delivery vehicles, we can provide customers with richer scene services, reduce costs and increase efficiency while increasing operating income in service areas.

　　5) holographic intersection solution

　　Real-time perception and digital conversion of intersection vehicles, queues, traffic trajectories, abnormal behaviors, collision accidents and other information, realizing real-time perception of all elements of intersection dynamic information, enabling intelligent networked vehicles and intelligent traffic control.

　　6) Smart bus solutions

　　Through intelligent perception and information interaction, it serves smart buses and passengers, making buses run safely and efficiently.

　　7) Automatic driving test site solution

　　Through infrastructure construction, an intelligent networked test traffic scene with automatic driving, traffic simulation, combination of reality and reality and flexibility and plasticity will be built.

　　2.2. Lidar series

　　The company’s lidar products cover single-line and multi-line, mechanical and solid-state lidar products, which are used in intelligent transportation, industrial mobile robots, autonomous driving and other fields.

　　2.2.1. Roadside Sensing Lidar

　　Roadside sensing lidar is widely used. In the field of collaborative construction of smart cities and intelligent networked vehicles, 3D lidar based on roadside "God’s perspective" can not only provide data basis for optimizing traffic control efficiency for cloud control platform of traffic management, but also provide over-the-horizon and multi-dimensional real-time traffic information for intelligent networked vehicles, enriching vehicle-road collaborative application scenarios. In the aspect of road traffic monitoring and management, products such as high-speed vehicle contour detection system, highway traffic investigation system, off-site law enforcement contour and vehicle identification system, laser vehicle detector, highway entrance and exit vehicle identification system developed based on roadside sensing laser radar can not only realize high-speed non-contact non-stop detection, but also maintain all-weather high-precision data acquisition. In addition, in the fields of mass transit such as rail transit and port terminals, the roadside sensing lidar and its application system can be used in electronic fences, subway gap detection, ship scanning of automatic terminals, protection of quayside and yard bridges, and collision avoidance of unmanned trucks.

　　2.2.2. Industrial mobile robot lidar

　　In the field of industrial mobile robots, the company mainly provides navigation and obstacle avoidance lidar products. According to different scenes, different models and different installation methods, the company has formed a complete product matrix of laser radar, which continues to iterate, including short-range anti-collision laser radar, high-precision SLAM navigation laser radar, indoor and outdoor mixed navigation 3D laser radar and indoor target navigation laser radar. At present, it is widely used in industrial AGV/AMR, automatic forklifts, heavy-duty tractors, and commercial service mobile robots such as cleaning, medical treatment, guidance, inspection and distribution.

　　2.2.3. Vehicle-mounted lidar

　　Vehicle-mounted lidar is a necessary sensor for advanced assisted driving and automatic driving above L3/L4, which can make up for the shortcomings of cameras, microwave radars and other sensors in specific scenes. The vehicle-mounted lidar developed by the company includes the front-mounted long-range main radar and short-range blind-compensating radar for passenger cars, which can help vehicles to make a three-dimensional, dynamic and accurate perception of the surrounding environment and provide more comprehensive perception information for realizing the NOA function or high-order assisted driving in cities. It can not only meet the pre-installation needs of car companies and OEMs, but also meet the navigation and safety protection needs of commercial vehicles (such as mine trucks and minibuses) and logistics distribution vehicles operating on open roads.

　　2.3. Automotive Electronics Series

　　The company’s automotive electronic products mainly include front-mounted V2X vehicle-road coordination and front-mounted ETC series products.

　　2.3.1. Front-mounted V2X vehicle-road coordination

　　V2X can be applied to different scenes such as expressways, expressways, urban roads, parking lots, ports, etc., to achieve information services, improve driving safety, improve traffic efficiency, empower intelligent traffic management and realize advanced intelligent driving. At present, the company’s automotive electronics has 4G/5G-V2X in-vehicle communication terminals and a variety of customized products. Through the interaction between the vehicle and the outside world, it solves the information perception problem of over-the-horizon and blind areas of vehicles, enabling vehicles to obtain a series of traffic information such as real-time road conditions, road information and pedestrian information, and supports the expansion of automotive networking applications. The company’s V2X vehicle communication terminal has non-domestic and domestic solutions, which can meet the needs of quick boarding and customized development of the main engine factory.

　　2.3.2. Pre-installed ETC

　　Pre-installed ETC, ETC-OBU designed according to vehicle regulations, meets the requirements of enterprise standards and national standards for the environment and reliability of on-board electronic equipment. In terms of installation and communication, it has achieved deep integration with vehicles, such as hidden layout, power taking from vehicles, access to in-vehicle CAN bus, etc., which provides a foundation for vehicle-road coordination and scene expansion of ETC and can meet the needs of different OEMs.

　　2.4. Special Short Range Communication Series (ETC)

　　The company’s dedicated short-range communication products include vehicle ETC-OBU, roadside ETC-RSU and a series of solutions for expressway and urban ETC.

　　2.4.1. Product category

　　1) vehicle ETC-OBU

　　The rear-mounted ETC-OBU, including two-piece ETC-OBU and single-piece ETC-OBU, is installed on the inner side of the front windshield of the vehicle. Through the communication between OBU and RSU, the transaction can be settled immediately when passing, and the function of non-stop charging can be realized. This product has Bluetooth function and can realize online recharge and online activation. One-chip ETC-OBU is an iterative product of two-chip ETC-OBU. Without inserting a user card, the transaction data can be directly uploaded to the background for transaction settlement, and the product supports external standard 5V power supply, which can realize the long service life of the product.

　　Intelligent ETC-OBU is an intelligent vehicle-mounted device, which integrates ETC, driving recorder and 4G network communication functions. It has the functions of professional cloud recorder technology, mobile phone interconnection service upgrade, real-time voice broadcast of ETC transaction records, real-time push of consumption bills, vehicle-mounted power supply to extend the service life of OBU, etc. Combined with the "Xiaowan Travel" APP independently operated by the company, it can provide car owners with value-added services such as refueling, car washing and maintenance.

　　2) Roadside ETC-RSU

　　High-speed ETC-RSU includes high-speed roadside ETC products such as portal antenna and lane antenna. Gantry antenna is installed on the gantry of expressway, which is used for vehicle information acquisition and path writing, and is the core equipment of gantry end in ETC subsection charging system. Lane antenna is an antenna installed at the entrance and exit lanes of high-speed toll station, which is used to write the information of vehicle entrance and deduct the fee at the exit. It has the functions of positioning and satellite synchronous timing, and has the characteristics of preventing adjacent channel interference and car-following interference.

　　Urban ETC-RSU includes urban ETC products such as intelligent parking management roadside unit and intelligent dual-mode identification integrated machine. According to the application characteristics of urban scenes, control, radio frequency and communication are integrated into one, which has the advantages of high transaction success rate, fast installation, easy docking and low operation and maintenance, and can be applied to gas stations, parking lots, roadside parking management and other scenes.

　　2.4.2. Solution class

　　1) A series of solutions for expressway toll optimization.

　　Digital channel fast toll collection system, pre-transaction through ramp, ETC fast channel verification pre-transaction to solve the problems of toll station entrance and exit congestion, vehicle verification and management difficulties.

　　The accurate restoration route charging system, which is highly integrated with laser-triggered camera capture technology, AI enhanced identification technology, multi-dimensional matching technology and cloud path fitting technology, can effectively restore the real path of vehicles and guide charging, and reduce the loss of owners’ fees.

　　2) Expanding application solutions for urban ETC.

　　ETC on-street parking solution, by erecting RSU antenna on the cross section of the road, realizes accurate identification and accurate deduction of passing vehicles, helps parking operators to improve the charging rate and reduce the loss of state-owned assets.

　　ETC smart parking solution, relying on ETC technology to install RSU antenna at the entrance and exit of the parking lot, taking OBU as the vehicle carrier, realizing fast traffic and charging without stopping.

　　ETC refueling solution, by installing explosion-proof antenna to realize accurate identification of gas station vehicles, and by connecting with the zero pipe system of gas station to realize accurate deduction, the owner of OBU vehicles has realized non-inductive refueling and fast passage.

　　2.5. Dynamic weighing series

　　The company’s dynamic weighing products mainly include sensors, control instruments and a series of solutions for different application scenarios.

　　2.5.1. Product category

　　1) sensor class

　　Digital narrow strip weighing sensor is a new generation of road sensing device, which has five characteristics of digitalization, intelligence, intensification, simplification and coordination, and can realize the sensing of vehicle information such as vehicle weight, axle type, vehicle type, axle load, unbalanced load and tire pressure, as well as the sensing of traffic infrastructure conditions such as road injury and bridge protection.

　　Multi-hidden road sensor integrates multi-dimensional information such as strain, vibration, temperature, etc. It is constructed synchronously with the road by pre-installation, and integrated with the road. It can detect various kinds of information such as vehicle weight, vehicle type, road vibration and road damage at the same time. It has the advantages of non-inductive detection, safe traffic and reliable data, and can be applied to smart roads, road maintenance, and overload control by science and technology.

　　2) Control class

　　The weighing display control instrument is a new type of intelligent dynamic weighing management instrument specially designed and developed by the company for the automatic weighing instrument of dynamic road vehicles, which has the characteristics of high stability, good software compatibility, strong interface expansibility and low maintenance cost.

　　2.5.2. Solution class

　　1) Solution for expressway scene.

　　The expressway entrance overload control system innovatively uses the narrow strip sensor as the core weighing equipment to build the system, and integrates weighing with laser detection technology and ETC technology, forming a standardized construction scheme covering a series of functions such as weight detection, contour detection, vehicle type identification, drive shaft detection, and large vehicle detection.

　　The expressway provincial boundary overload control system is divided into front-end detection system and station-level management platform, which can form an effective closed loop with the weighing detection at the entrance and exit of expressway toll station, strengthen the information law enforcement supervision such as monitoring and early warning of truck overload, illegal evidence collection and case handling, and better protect people’s lives and property safety and highway assets in good condition.

　　The expressway exit overload control system, based on free-flow non-stop detection technology, carries out overload detection and recheck of vehicles about to leave the expressway, and forms an effective closed loop with the entrance detection of expressway toll stations. At the same time, it is linked with the ramp pre-transaction system to realize fast and safe traffic and accurate charging of vehicles.

　　2) Scenario solution for national and provincial trunk highways

　　The off-site law enforcement system of overload and overrun integrates advanced algorithm technology and stable and efficient data processing equipment, which ensures the stable operation of the system under unattended conditions and realizes accurate and stable detection of any vehicle in free-flow driving state. The system is equipped with a back-end information integrated management platform, which stores and uploads complete law enforcement evidence data, and carries out data sharing and law enforcement linkage with road administration, transportation management, public security and other relevant departments.

　　The source overrun detection system, by arranging front-end data acquisition equipment such as weighing, license plate recognition and image capture in the freight source station, can identify, monitor and warn the state of trucks in the station in real time, and upload the detection data to the management platform to help road management agencies and road transport management departments establish a linkage law enforcement mechanism, and strengthen the supervision of freight vehicles, vehicle drivers and freight enterprises that violate the law and overrun.

　　3) Scenario solution for highway infrastructure safety monitoring.

　　Digital bridge comprehensive solution, based on dynamic weighing detection, structural health monitoring, digital twinning, traffic digitalization and other core technologies, enhances bridge structural health monitoring and early warning capabilities, enhances traffic perception and emergency handling capabilities, strengthens bridge health assessment and scientific maintenance capabilities, and ensures bridge operation safety. The scheme can be applied to "structural health monitoring project of highway long bridges" and "lifeline safety project of urban infrastructure".

　　4) Scenario solution for comprehensive traffic informatization.

　　The overload management information system is a comprehensive information management and business platform based on big data architecture for the company to combine its own technology and product advantages, integrate the data of all kinds of overload control sites at the front end, and open up key nodes of business processes at all levels, so as to realize cross-regional and cross-departmental overload control data sharing, business collaboration and joint law enforcement, and realize the "one chess game" of overload control supervision service.

　　Intelligent transportation integrated management platform integrates traffic operation monitoring, asset management, road maintenance, overload control, etc. It comprehensively supervises different types of vehicles such as taxis, buses, two passengers in danger, and builds a public information publishing platform, making full use of small programs, WeChat official account, APP, government portals and other ways and means to make information transparent, and providing the public with various transportation services such as road information and travel guidance.

　　(3) Business model

　　During the reporting period, the company mainly made profits by "products+services", and the profit sources mainly included product and system sales and service provision. The company sells intelligent networking, lidar, automotive electronics, ETC, dynamic weighing and other related products and supporting software or platform systems to customers, and carries out civil construction, equipment installation and debugging, system debugging, technical training and other processes according to the requirements of specific products. Finally, after passing the acceptance test, it obtains the completion acceptance form of the other party, collects the project contract money, and obtains income and profit. In addition, the company provides value-added services to customers according to the signed technical service contract, including daily maintenance, repair, update and upgrade of equipment.

　　(IV) Analysis of business operation during the reporting period

　　In the first half of 2023, benefiting from the construction of digital intelligent transportation in China, the company achieved an operating income of 322,138,100 yuan, up 2.17% over the same period of last year, and an operating income of 216,527,400 yuan in the second quarter, up 67.94% over the same period of last year. The company’s intelligent network connection and automotive electronics business achieved rapid growth during the reporting period. At the same time, the company continued to increase R&D investment, and continuously improved its product and solution capabilities in intelligent networking, lidar and automotive electronics. In the first half of 2023, the R&D investment was 143,133,400 yuan, a year-on-year increase of 5.37%; During the reporting period, the company increased the marketing efforts of intelligent network connection and other businesses, resulting in an increase in marketing expenses compared with the same period of last year. Due to the comprehensive influence of the above factors, the company’s net profit decreased year-on-year. During the reporting period, the company’s business operations are as follows:

　　1. Business development

　　1.1. Intelligent networking

　　1.1.1. Technical progress

　　In terms of intelligent networking technology research, product development and solution capability improvement, the company closely follows the national and local development strategies, and relies on holographic stereoscopic perception ability to propose the overall architecture of urban intelligent transportation, which is divided into infrastructure layer, business support layer, domain service layer and business scene layer. The platform system can provide refined, diversified and differentiated transportation service applications for three types of users, such as government, enterprises and the public. During the reporting period, the company continued to strengthen the four core capabilities of space-time integrated digital base, holographic stereo perception, real-time dynamic twinning, and real-time interaction between vehicles and roads. Based on the all-round technical capabilities of vehicle-road-cloud-network-map, the company comprehensively improved the architectural capability and delivery capability of the vehicle-road collaborative closed-loop solution for high-grade autonomous driving.

　　1.1.2. Market progress

　　In the face of complex inter-city and urban traffic scenes, the company puts forward scientific and systematic governance schemes according to different traffic characteristics and respecting people-oriented needs, so as to help the intelligent and digital transformation of inter-city and urban traffic.

　　In the aspect of intelligent high-speed construction, the company’s intelligent high-speed comprehensive solution is based on global perception, supported by digital space-time base, and carried by intelligent high-speed platform, and integrates artificial intelligence, digital twinning and other technologies to build systems such as "global twinning, operation monitoring, simulation decision-making, emergency command and vehicle-road coordination", thus creating a "digital world" for expressways. Typical intelligent construction projects include Chongqing Yuxiang Expressway Intelligent Project and Yunnan Zhaoyang Intelligent Expressway Project. In the intelligent project of Chongqing Yuxiang Expressway, the company has built a digital space-time base, an edge data center, a digital tunnel system, a digital toll station system, and a risk section perception system of the main line, which has helped users realize the digitalization of infrastructure and improved the traffic efficiency and safety of key nodes. In the construction of Zhaoyang Smart Expressway in Yunnan, the company undertook the safety prevention and control system for tunnels and affected areas, adopted V2X communication system and information release system, and provided timely traffic information prompt and accurate guidance for networked vehicles and non-networked vehicles. The company’s smart high-speed comprehensive solution puts forward targeted strategies according to the pain points of different scenarios, covering the full-service scenarios of expressways such as tunnels, toll stations, ramps, vehicles and roads, bridge monitoring, test sites, etc., and realizing the wisdom of everything.

　　In the construction of Shuangzhi city, the company has continuously strengthened the four core capabilities of space-time integrated digital base, holographic stereo perception, real-time dynamic twinning and real-time interaction between vehicles and roads, and comprehensively improved the architectural capability and delivery capability of the company’s vehicle-road collaborative closed-loop solution for high-grade autonomous driving. During the reporting period, the company participated in the construction of typical double-smart city scenes in China, and landed in many scenes across the country. Among them, he deeply participated in the construction of Wuhan Intelligent Networked Vehicle Test Site and Qingdao High-tech Zone Intelligent Networked Vehicle Test Road, and provided roadside perception, communication and V2X scene construction support. In-depth participation in the construction of collaborative autonomous driving test sites for high school buses such as Chang ‘an University, Tongji University and Qinghai Jiaotong University, providing products such as virtual and real simulation and three-item mapping. In the third phase project of Jiangxi Jiujiang 5G Smart Science and Technology City, the bus automatic driving assistance system was built through the cooperative infrastructure transformation of vehicles and roads at multiple intersections. In the smart parking lot project of Zhongguancun Software Park in Beijing, the application scenarios such as roadside foundation design and perception sharing safety early warning are provided. The company contributes to the construction of Shuangzhi city by creating a vehicle-road coordination scheme for different levels of perception needs.

　　In the field of urban comprehensive management, with the help of the 13th China Road Traffic Safety Products Expo, the company released solutions for global integrated perception of road network, urban traffic signal control, refined urban management and mobile smart base station products for traffic police, which were applied in Changsha, Suzhou, Jinan and other places respectively, and made an extension from the smart traffic business line to the smart traffic management business line.

　　1.1.3. Progress in industry standards

　　In terms of industry standards, the company took the lead in establishing the Data Interface Requirements between Roadside Communication Units and Roadside Infrastructure, which is under the jurisdiction of the Internet of Things Sub-technical Committee of the National Information Technology Standardization Technical Committee. The purpose of this standard is to improve the compatibility between roadside communication terminals and roadside infrastructure, realize the interconnection between roadside infrastructure, and facilitate the large-scale construction and deployment of vehicle-road coordination. In terms of group standards, the company initiated the projects of RSU Equipment Evaluation and OBU Equipment Evaluation in Xiong ‘an Innovation Federation, aiming at further enhancing the influence of the company’s products in xiong’an new area and accelerating the landing of subsequent projects. The company mainly participated in the Technical Requirements for Application-layer Interaction of Cooperative Intelligent Transportation System Part 2: Perceptual Data Sharing, which was centralized by China Automotive Engineering Society. This standard stipulated the technical requirements for application-layer interaction of services of perceptual data sharing, including architecture and functions, general requirements, communication process of application-layer and application definition. The company mainly participated in the Technical Requirements and Test Methods of Roadside Infrastructure RSU for Vehicle-Road Collaboration, which is under the jurisdiction of China Automotive Engineering Society. This standard is suitable for guiding the design, development, operation and maintenance of RSU facilities in Intelligent Vehicle Infrastructure Cooperative Systems, an urban road, to support the development of vehicle-road collaboration application services. The company mainly participated in the Code for Design of Intelligent Accessory Facilities for Expressway Operation, which was centralized by China Technology Market Association and led by Shanxi Intelligent Transportation Research Institute.This standard stipulates the functional requirements, performance requirements and safety requirements of related systems at all levels of intelligent design technology for operating expressway ancillary facilities. The company’s standard team has participated in 59 published standards in the field of intelligent networking, including 5 national standards, 4 industry standards, 49 group standards and 1 local standard. There are 176 standards under compilation, including 23 national standards, 26 industry standards, 26 local standards and 101 group standards.

　　1.1.4. Progress in scientific research achievements

　　In terms of scientific research achievements, by the end of the reporting period, there were 119 valid patents in the field of V2X intelligent networking, and 443 patents were under application. During the reporting period, there were 50 new patent applications, of which inventions and PCT patents accounted for 72%. In April 2023, the company’s "Digital Twinning Helps Haidian Changchun Bridge to Create a Digital Holographic Demonstration Intersection of Capital Civilized Traffic" was selected into the list of outstanding cases of urban digital twinning in 2022 published by the Smart City Working Group of the National Signaling Committee.

　　1.2. Lidar

　　1.2.1. Technical progress

　　During the reporting period, the company continued to innovate in technology, and released laser radar products as follows: (1) Roadside 64-line laser radar WLR-733, whose 64-line beam is designed downward, with high-quality point cloud and super-large detection area, 360-degree horizontal field of view and the company’s unique vertical field of view (as low as 0.1-degree vertical angle resolution), and the range of 10% reflector reaches more than 200m. The farthest ground line can realize the stable detection of 110m, which is a rare lidar product on the market at present, taking into account both "measuring distance" and "measuring breadth". At the same time, an SDK with structured data output function and a lightweight edge controller have been developed to facilitate the layout and use of customers. (2) The self-driving 64-line blind-compensating radar WLR-721, with a vertical field of view of 90 degrees and a range of 30 meters (10%), is one of the blind-compensating radars with the largest vertical field of view in the industry at present. The design scheme of VCSEL+ array SIPM is adopted, which greatly reduces the radar volume and power consumption. (3) Single-line small navigation radar WLR-718H, adopting the chip scheme of DTOF not only improves the integration of laser radar and simplifies the production process, but also significantly reduces the size of the whole machine, especially reduces the height of the whole machine to about 40mm, making it more convenient to adapt to the low chassis of hidden AGV and the shelf identification of forklift forks.

　　In terms of vehicle-mounted lidar, the vehicle-mounted 128-line lidar developed by the company has greatly improved its performance in ranging, blind area and noise suppression (high reflection, ghosting and expansion). The first turn of ASIC chip for vehicle-mounted radar developed by the company has been returned and is being tested in system function. In terms of pre-research, the company has developed the prototype of flash blind-compensating radar at the same time, and it is progressing smoothly at present.

　　1.2.2. Market progress

　　In the field of smart transportation, the company continues to increase the market share of roadside sensing lidar products in highway traffic survey, vehicle detector, vehicle detection in service area, vehicle identification and classification, outline size detection, etc., improve the competitiveness of products by reducing the comprehensive layout cost of users (increasing the sensing range, SDK providing structured data output function, etc.), and increase the flexibility of user equipment configuration by decoupling the sensors and algorithms of smart base stations based on lidar. At present, it has successfully entered the supply chain list of many smart transportation solution suppliers. In the field of unmanned commercial vehicles, the company adopts multi-model laser radar to provide integrated solutions for navigation, blind compensation and collision prevention for mobile robot enterprises in a high/low collocation way, and actively sends laser radars to unmanned commercial vehicles such as clean sanitation vehicles, safety patrol vehicles, manned vehicles, logistics vehicles and engineering work vehicles for mass production and supply. The company fully communicates with autonomous driving enterprises, robot head enterprises, internet enterprises and system integrators to provide all-round solutions for laser radar and further enhance customer coverage. In terms of special vehicle application scenarios, the company provides main radar and blind-compensating radar solutions and tests them to further enhance the overall solution capability of lidar.

　　In terms of industrial mobile robot laser radar, the company started to continuously expand new customers of industrial robots such as AGV and AMR from the aspects of quality, cost and technological advancement, increased the coverage of head enterprises, actively increased the market share in the field of industrial robots, and the overall market share was improved. Expand new customers in the field of service robots such as commercial guidance, distribution, disinfection, cleaning and inspection, and continue to increase the scale of import substitution. At the same time, the company used lidar-related projects in Chengdu ground rail transit, and actively expanded its applications in security protection fields such as ports and railways. In addition, the company actively expands the overseas market of lidar, and has achieved sales in Europe, America, Southeast Asia and other places.

　　In terms of vehicle-mounted lidar, the company’s 128-line vehicle-mounted lidar actively conducted joint testing with the main engine factory and the autonomous driving company, and obtained a letter of designation from a vehicle company. The company simultaneously carried out the construction of the vehicle-mounted lidar automatic assembly production line, and made preparations for production and supply chain for subsequent mass production. At the same time, the company officially launched a global promotion of vehicle-mounted lidar to international automakers to enhance the visibility and influence of the company’s vehicle-mounted lidar in the global market.

　　1.2.3. Progress in industry standards

　　In terms of industry standards, the industry standard "Vehicle-Road Cooperative Roadside Lidar Detection Method" compiled by the company in china communications standards association is being solicited for comments. This standard plays an important role in unifying roadside lidar testing methods and standardizing the development of roadside lidar industry. The company has participated in the development of standards in the field of lidar, and has published two group standards, namely, Laser Vehicle Detector for Traffic Information Collection (the company is the lead unit) and Detection Method for Vehicle-mounted Lidar, and 16 other standards are being compiled, including 2 international standards, 3 national standards, 4 industry standards and 7 group standards.

　　1.2.4. Progress in scientific research achievements

　　In terms of scientific research achievements, as of the end of the reporting period, there were 388 valid patents for lidar products and 390 patents under application. During the reporting period, there were 15 new patent applications in the field of lidar, of which inventions and PCT patents accounted for 75%, and OPA Fang Xiangxin added 3 invention patent applications and 3 PCT patent applications.

　　1.3. Automotive Electronics

　　1.3.1. Technical progress

　　For the front-loading V2X, in order to meet the requirements of different customers, such as price and localization rate, the company has designed corresponding non-domestic and domestic solutions and cost reduction, which can cover the boarding needs of most OEMs. On the technical standard level, the company participated in the parts verification of the first recommended national standard "Technical Requirements and Test Methods of Vehicle Information Interaction System Based on LTE-V2X Direct Communication" in V2X field, which fully verified the compliance of the products. In terms of software design, the company has the ability of self-research of software, and has developed SOA system architecture for distributed services and software architecture based on AutoSar, which is in line with the current advanced domain centralized EE architecture and can realize flexible deployment of services. At the application scene level, the company continues to carry out the research and development of the second phase scene and the high-level automatic driving scene based on V2X, accelerating the scene landing and deepening the user’s perception, and further empowering the high-level automatic driving.

　　For the front-loading ETC, in order to strengthen the development strategy of vehicle-road coordination and deeply implement the policy of vehicle-road coordination integration based on the concept of "traffic watcher", the company has launched the technical scheme of vehicle-road coordination, and has completed the debugging of the first version of the scheme in cooperation with the road network center, and completed the testing of the scheme in the demonstration area. The technical route of ETC-based vehicle-road cooperative extended broadcasting scheme is as follows: the roadside unit RSU uses the 5.8GHzDSRC protocol to interact with the vehicle-mounted unit OBU and ETC partners, among which the ETC partners adopt the broadcasting form. At the same time, we will expand the cooperative application of vehicles and roads in off-highway scenes (such as the release of events under municipal roads, the release of mobile events for special vehicles such as rescue and maintenance), and issue the events after verifying the legality of the pre-installed ETC.

　　1.3.2. Market progress

　　During the reporting period, the company continued to promote the innovative application and practice of vehicle-road coordination and autonomous driving technology, consolidate the foundation of data information interconnection and help the development of intelligent transportation.

　　As the key technology of intelligent transportation system in the future, the front-mounted 4G/5G-V2X is the future development direction of intelligent transportation and intelligent networked vehicles. The company has established a research and development team, a supply chain team, a quality management team and a production team for vehicle networking, implemented the integrated development strategy of vehicles and Lu Yun, and provided overall solutions for the industrial chain. During the reporting period, the company completed the construction of the automated 5G car networking production line, which provided a solid guarantee for the company to deliver the 5G car networking products of the OEM. The company carries out visual management of manufacturing, improves the management level of warehousing and logistics, completes mass production delivery of products for designated car companies, and ensures the high-quality operation of production and supply chain systems. At the same time, the company actively communicated with more car companies, pre-installed 4G/5G-V2X before testing, strived to obtain more car companies’ fixed points, and supported the application expansion of car networking. During the reporting period, the company started the development of a new generation of integrated TCU products, which can meet the needs of most car networking in OEMs, and has conducted technical exchanges and tests with mainstream OEMs in the industry.

　　In terms of pre-installed ETC, in response to the system planning and related facilities construction of the smart expressway pilot project, the company responded to the requirements of the Ministry of Transport on deepening the application of the portal frame of the electronic toll collection system (ETC) of expressways, and promoted the coordinated construction of vehicles and roads based on the ETC system to meet the diversified needs of automakers, and continuously optimized and upgraded the pre-installed ETC products. On the premise of multi-functional applications (such as optional CAN communication module, online release activation, remote program update and other value-added services, as well as multi-functional expansion of rearview mirror, DVR, central control and T-BOX, etc.), the technical scheme based on vehicle-road coordination is introduced. At the same time, the pre-installed ETC installation rate and activation rate of the company’s original customers have been improved, and the overall loading rate has steadily increased. The company and a number of internationally renowned brand car companies have determined the long-term ETC scheme, established a long-term cooperative partnership, and fully cooperated with the smart transportation scheme of the Ministry of Transport and the road network center.

　　1.4. Dedicated short-range communication (ETC)

　　1.4.1. Technical progress

　　As the leader of domestic ETC technology, the company applied advanced technologies such as DBF phased array technology and spatial array positioning technology to ETC free-flow system, and made major breakthroughs in key technologies such as RSU dynamic area control, ETC-OBU dynamic tracking and accurate positioning, ETC-RSU/OBU transaction scheduling, and ETC-OBU concurrent processing, which greatly improved the adaptability of multi-lane free-flow products to high-speed passing cars and vehicle tracking.

　　1.4.2. Market progress

　　1) After-loading OBU.

　　The company completed the cost reduction of single-chip and double-chip OBU, continued to promote single-chip OBU, completed the promotion of new Heilongjiang, Jiangsu, Shanghai, Chongqing, Guangxi and other places, and conducted docking debugging with Inner Mongolia, Jilin, Guangdong and other provinces. During the reporting period, the company obtained the Beijing Alipay ETC4.0 project, continued to expand its market share, and jointly studied motorcycle OBU with the Beijing ETC issuer. Based on the original functions such as voice interaction, Beidou positioning and 4G communication, the company’s intelligent OBU develops more new functions of vehicle-road coordination to meet the requirements of the optimization and upgrading scheme of expressway networked toll collection system.

　　2) Highway application.

　　Combined with the upgrading direction of the networked toll collection system, the company expanded the application value of ETC system and launched an intelligent portal frame system based on the vehicle identification technology of laser vision fusion. The scheme has achieved normal operation in many provinces and cities across the country, and established provincial boundary electronic fences in Sichuan Expressway to achieve accurate empowerment audit and escape; Establish a vehicle portrait system at the boundary of Guizhou province to provide effective evidence for inter-provincial splitting and analysis of charging differences; Help Beijing Shoufa Group to improve the capture ability of snap cameras, improve the accuracy of billing system, and improve the charging amount and audit ability. At the same time, the company mainly promotes a number of new system schemes, such as audit work order robot, global digital road network based on ETC portal frame, standardized toll station solution, ETC service area vehicle monitoring scheme, ETC long bridge vehicle monitoring scheme and so on. The above new schemes will soon be implemented in Zhejiang, Guizhou, Sichuan, Henan and other places.

　　3) Urban application development.

　　The company has formed a product portfolio covering parking hardware, management platform, ETC multi-scenario solution and city-level smart parking overall solution. During the reporting period, the company actively promoted the ETC expansion application platform and reached cooperation in Liaoning, Hubei and other places to drain the parking lot resources to the issuer. In terms of product research and development, the company improved and optimized the antenna series products in the parking lot, and completed the joint debugging of antenna development with partners. The company extended the overall solution of city-level smart parking to large and medium-sized cities in China, and implemented ETC parking projects in landing cities such as Hunan, Liaoning and Shandong.

　　1.5. Dynamic weighing

　　1.5.1. Progress in technology

　　The company combines the dynamic weighing business with laser, and puts forward the application solution of multi-line laser radar in off-site law enforcement of truck overload and road traffic flow survey. Based on the point cloud information and accurate point cloud ranging provided by multi-line laser radar, it can carry out holographic perception, accurate perception and trajectory tracking for traffic participants, provide multi-dimensional visual evidence chain support for off-site law enforcement of overload and overload, and provide scientific data support for traffic management decision-making and traffic planning and design in road traffic flow survey scenarios, thus providing a comprehensive solution for urban traffic governance.

　　1.5.2. Market progress

　　During the reporting period, the company implemented the comprehensive management and control plan for the provincial boundaries of expressways, insisted on stabilizing the overload control through science and technology, mainly promoted the off-site law enforcement system for overloading, optimized the off-site software platform, and landed projects in Shandong, Chongqing and other places. The "Intelligent Monitoring Scene of Overloaded Vehicles at the Entrance of Beijing Expressway" adopted the company’s expressway entrance overload control system and was selected as "Zhifu Baijing" in the National Pilot Area of Artificial Intelligence Innovation and Application of the Ministry of Industry and Information Technology.

　　1.5.3. Progress in scientific research achievements

　　In terms of scheme output, based on the deep cultivation and accumulation in the intelligent transportation industry and core technologies such as dynamic weighing detection, traffic infrastructure monitoring and traffic digitalization, the company has launched a comprehensive digital bridge solution, which greatly improves the bridge structure health monitoring and early warning capabilities, enhances the traffic perception and emergency handling capabilities, strengthens the bridge health assessment and scientific maintenance capabilities, ensures traffic operation safety and road assets safety, and assists bridge managers to realize the optimal layout of comprehensive benefits of operation management and safety emergency. At the same time, the company also released new comprehensive solutions, such as in-service trunk highway digitalization scheme and highway intelligent operation and maintenance scheme, to improve the digitalization level of highway infrastructure and scientific decision-making, enhance highway safety guarantee capability, and further help traffic powers.

　　1.6. Strategic development of globalization

　　During the reporting period, with the goal of global strategic planning, the company focused on ITS products (LiDAR) and systems (WIM, C-V2X) and robotic lidar.

　　The company’s first overseas intelligent networked holographic intersection project (C-V2X) was successfully delivered to Bangkok, Thailand. The complex intersection situation in Bangkok was simulated in real time with digital twins, and channelized design suggestions and refined law enforcement were made to alleviate the extreme congestion and chaotic intersection situation in megacities and make travel safer and more convenient. As a revolutionary in ITS industry, the company’s ITS laser provides high-value data for the global digital road and successfully sells it to Mexico, Thailand, Bangladesh, Brazil and other places. The company’s robot lidar business focuses on the developed markets in Europe, America, South Korea and Japan. In the first half of 2023, the robot lidar products were successfully sold to markets in Germany, Switzerland, Japan, South Korea, India and other places, and delivered with head robot customers in Singapore, Canada and other places. The company has obtained OIML-R134 certification issued by NMI of Netherlands Metrology Institute, which means that the company’s WIM system has been recognized by the international metrology community. The company’s weighing products have been successfully sold to Indonesia, Saudi Arabia, Hungary and other places.

　　During the reporting period, the company filmed laser radar, intelligent networked holographic intersection and other related promotional videos, and comprehensively promoted products and solutions in the international market. At the same time, the company actively participated in international exhibitions, such as CES Consumer Electronics Show in the United States, HannoerMesse in Germany, Logimat in Stuttgart, IRC World Road Congress in Czech Republic, etc., and applied more lidar and ITS systems to the world.

　　2. Technology development and innovation

　　In terms of intelligent network connection, the company continues to invest in research and development of roadside intelligent sensing system, intelligent network connection cloud control platform and V2X communication terminal. While the original digital solutions have been continuously upgraded, the company has actively laid out and developed new scene application solutions such as expressway open test site, highway reconstruction and expansion digital security solution, intersection signal control solution and automatic driving direction holographic intersection solution, further enhancing the company’s four core capabilities of time-space integration digital base, holographic stereo sensing, real-time dynamic twinning and real-time interaction between vehicles and roads.

　　In terms of vehicle-road collaboration, the company focuses on vehicle-road collaborative autonomous driving technology, and continuously improves the vehicle-road collaborative data service capability and the full-stack closed-loop scheme, thus realizing the scale landing and industrialization of vehicle-road collaborative autonomous driving. Specifically, it includes roadside data service, L2+ networked vehicle roadside scene service, bicycle autopilot service and vehicle-road cooperative autopilot service. Through the complete data center platform architecture, the company has realized the closed-loop management from edge management, data collection and storage to intelligent application, and at the same time continuously expanded the data business requirements, thus mining the value of data elements and developing data products.

　　In terms of multi-line laser radar, the company’s on-board 128-line laser radar successfully passed the harsh winter extreme cold test, which enhanced the accuracy, cold durability and anti-interference performance of laser radar products in extremely cold environment. The test results showed the high reliability and stability of laser radar under extreme conditions, which was more conducive to improving the safety of driverless cars and further empowering driverless cars. At the same time, the company increased the R&D investment of silicon-based all-solid-state laser radar OPA, and improved its ranging range and long-distance research.

　　During the reporting period, the number of patents granted by the company continued to increase, and new patents were granted in intelligent networking, V2X, lidar, pre-installed ETC, ETC-RSU and dynamic weighing system. During the reporting period, 53 authorized invention patents, 50 authorized utility model patents, 3 authorized design patents and 19 software copyrights were added. The company’s patent applications increased by 63% compared with the same period of last year, and the patent applications in the fields of laser and intelligent networking increased by 71% compared with the same period of last year, accounting for 79% of the company’s semi-annual applications in 2023. By June 30, 2023, the company had 1,110 valid patents at home and abroad and 262 software copyrights. The valid patents include 306 invention patents, 732 utility model patents, 71 design patents and 1 patent authorized by the United States. Another 1,051 patents are under review, including 2 American patents, 2 European patents and 24 PCTs. Among them, there are 388 valid patents for lidar products and 390 patents under application; There are 119 valid patents and 443 patents under application for V2X intelligent networking.

　　3. Operation management

　　During the reporting period, the company continued to implement digital operation management, optimized the rules and plans for the use of funds, effectively controlled the net working capital, and maximized the input and output. The company promotes intelligent manufacturing technology and intelligent manufacturing system from three aspects: process control, equipment management and information application, so as to realize full digitalization, automation and intelligence of the production process and improve production efficiency and quality. The company continuously optimizes the industrial product supply chain, system integration supply chain and automotive electronic supply chain to realize the value transfer and value-added of the supply chain and enhance the overall core competitiveness of the company.

　　The company continued to implement information construction management and continuously improved the overall operating efficiency of the company. TMS transportation management system improves the management ability of logistics through various methods, and plans to go online in the second half of the year; BI report system (management data visualization) is combined with big data, data warehouse, data mining and data analysis to support data-driven decision-making. The second phase of PLM localization promotion project has started the internal demand investigation, and it is planned to go online in the second half of the year; Financial information construction (financial center+shared service) applies advanced software system and computer technology to implement modern management of financial information. At the same time, the company optimizes and perfects the processes of automotive electronic supply chain, system integration and industrial product supply chain.

　　4. Investment M&A and capital operation

　　During the reporting period, the company invested 15 million yuan to increase the capital of Shanghai Xuehu Technology Co., Ltd. (hereinafter referred to as "Shanghai Xuehu"). After the capital increase, the company held 5.0847% of the shares of Shanghai Xuehu. Intelligent networking business and laser radar business are the key directions of the company’s ecological strategic layout. Based on the company’s technical ability in the field of laser radar and Shanghai Xuehu’s technical ability in the field of FPGA, both parties are committed to developing programmable chips that can reduce MEC power consumption and improve adaptability. The self-developed 3D point cloud AI hardware acceleration engine and algorithm owned by Shanghai Xuehu can provide computing support for the company’s multi-source heterogeneous data fusion and further enhance the company’s comprehensive competitiveness in the fields of intelligent networking and laser radar. By complementing each other’s capabilities and sharing resources, the two sides will jointly cooperate in many fields such as intelligence at both ends of vehicles and roads to enhance the core competitiveness of their technologies and products.

Second, the core competitiveness analysis

　　(A) R&D strength and technological innovation advantages

　　The company is a high-tech enterprise recognized by Beijing Science and Technology Commission, Beijing Finance Bureau and State Taxation Administration of The People’s Republic of China Beijing Taxation Bureau. It has participated in the national torch plan project and actively participated in the formulation of industry standards. At the same time, it is also a communication member of the National Intelligent Transportation System Standardization Technical Committee, and has joined the working group on digital infrastructure and vehicle-road coordination, intelligent driving, etc., a member and governing unit of China Highway Society, a standing governing unit of China Geographic Information Industry Association and a governing unit of China Intelligent Transportation Association. Obtained Beijing Municipal Enterprise Science and Technology Research and Development Institution and Beijing Design Innovation Center issued by Beijing Science and Technology Commission, Beijing Enterprise Technology Center issued by Beijing Economic and Information Technology Commission and Beijing High-tech Industrial Design Center issued by Beijing Economic and Information Technology Bureau. Beijing Wanji Intelligent Networking Technology Co., Ltd., a wholly-owned subsidiary of the company, was awarded the "Innovative Small and Medium-sized Enterprises in Beijing" by Beijing Economic and Information Bureau.

　　After years of continuous R&D investment, the company has made a lot of technological innovations, and built an independent core intellectual property system in the fields of intelligent networking, lidar, automotive electronics, special short-range communication and dynamic weighing.

　　In the first half of 2023, the company’s patent applications increased by 63% compared with the same period of last year, and the patent applications in the fields of laser and intelligent networking increased by 71% compared with the same period of last year, accounting for 79% of the company’s semi-annual applications in 2023. During the reporting period, 53 authorized invention patents, 50 authorized utility model patents, 3 authorized design patents and 19 software copyrights were added. By June 30, 2023, the company had 1,110 valid patents at home and abroad and 262 software copyrights. The valid patents include 306 invention patents, 732 utility model patents, 71 design patents and 1 patent authorized by the United States. Another 1,051 patents are under review, including 2 American patents, 2 European patents and 24 PCTs. The company has continuously strengthened the intellectual property training for managers and R&D personnel, enhanced the awareness of intellectual property protection, and passed the certification of GB/T29490 intellectual property management system. The company fully understands the market development trend of this industry, and according to the overall development plan, it has formed the advantages of technology research and development through a series of differentiated competitive strategies leading manufacturers in the same industry, such as constantly improving product lines, stabilizing product performance, providing technical standards and independent innovation.

　　While developing products, the company actively participates in the formulation of technical standards, and a standard team composed of standardization personnel and R&D personnel participates in the formulation of a number of standards to provide technical support for standardizing market development. By June 30, 2023, the company had participated in 72 published standards, including 10 national standards, 5 industry standards, 2 local standards and 55 group standards. There are 195 standards in compilation, including 3 international standards, 27 national standards, 27 industry standards, 26 local standards and 112 group standards.

　　In the field of intelligent network connection, the company has been deeply involved in the field of intelligent network connection for many years. With the deepening understanding of the industry, the company deeply understands the traffic business and industry needs. Facing the complex urban traffic scenes, the company respects the people-oriented use needs according to the traffic characteristics of different cities, and puts forward scientific and systematic governance plans to help the intelligent transformation of urban traffic. Based on the advantages of artificial intelligence, multi-perception, edge computing, ubiquitous network, big data and other core technologies, the company has launched a vehicle-road collaborative solution for smart high-speed and smart cities through core independent products and platforms such as roadside intelligent perception system, intelligent networked cloud control platform and V2X communication terminal, and continuously strengthened the four core capabilities of space-time integrated digital base, holographic stereo perception, real-time dynamic twinning and vehicle-road collaborative real-time interaction. At present, based on the advantages of solution capability, the company has built a number of commercial landing projects in smart high-speed fields and smart cities, such as Guangzhou Qifu Tunnel, Shaanxi Qinling Tunnel Group, Hubei Ezhou Airport Smart Expressway, Zhengzhou Southwest Toll Station, Yuxiang Smart Expressway, Yunnan Zhaoyang West Ring Smart Expressway Project Digital Tunnel System, Suzhou 5G Vehicle Networking City-level Verification and Application Project, Chongqing Liangjiang New Area Digital Holographic Road Construction Project, etc. Because the projects can effectively meet the needs of customers, the landing projects have been highly recognized by customers. Besides,The company’s standard team has participated in 59 published standards in the field of intelligent networking, including 5 national standards, 4 industry standards, 49 group standards and 1 local standard. There are 176 standards under compilation, including 23 national standards, 26 industry standards, 26 local standards and 101 group standards. Among them, the Ministry of Industry and Information Technology organized a number of industry technical standards, such as the message layer test method of wireless communication technology of vehicle networking based on LTE, the network layer test method of wireless communication technology of vehicle networking based on LTE, the roadside unit technical requirements of direct communication system of wireless communication technology of vehicle networking based on LTE, and the message layer technical requirements of wireless communication technology of vehicle networking based on LTE.

　　In the field of lidar, the company adheres to the development route of independent research and development, and has many years of technical accumulation and reserve in optical structure, laser emission and receiving circuit design, and at the same time carries out multi-technical route layout of mechanical lidar, MEMS and OPA. The company’s hybrid solid-state 128-wire vehicle-class lidar is in the forefront of the industry in many dimensions such as field of view, detection distance and scanning frequency, which can meet the volume and performance requirements of small passenger cars. In terms of cutting-edge technology OPA, technical research has been continuously carried out to improve the range of ranging, and related projects have been supported by the National Natural Science Foundation, key projects of Beijing Science and Technology Commission, subversive technology research and development and achievement transformation projects in Zhongguancun. The company uses lidar technology to provide comprehensive solutions for specific fields or applications, including hardware equipment research and development, software algorithm development, data processing and analysis. According to different application requirements and scenarios, design and develop suitable lidar equipment, including scanning mode, measurement accuracy, data acquisition rate, etc., and provide software algorithm capability empowerment in combination with application scenario requirements. By June 30, 2023, the company had 388 valid patents on lidar products, covering applications in many fields such as autonomous driving, intelligent transportation, robots, etc. The lidar products independently developed have won awards such as "National Torch Plan Industrialization Demonstration Project" and "Beijing New Technology and New Products". The company participates in the development of standards in the field of laser radar.Two corporate standards, Laser Vehicle Detector for Traffic Information Collection (led by the company) and Vehicle Laser Radar Detection Method, have been released, and 16 standards are being compiled, including 2 international standards, 3 national standards, 4 industry standards and 7 corporate standards.

　　In ETC field, the company has continuously increased its R&D investment in ETC field for many years, and has successively overcome a series of technical problems. The company adopts multi-lane tandem technology based on satellite timing and wireless synchronization technology to completely solve the adjacent channel interference problem that plagues the ETC field. The ETC-RSU products developed by this technology have been successfully applied in the Hong Kong-Zhuhai-Macao Bridge. The company’s authorized invention patent "A multi-antenna combined working method and system under multi-lane free flow" won the third prize of Beijing Invention Patent Award. As the leader of domestic ETC multi-lane free flow technology, the company applied advanced technologies such as DBF phased array technology and spatial array positioning technology to ETC free flow system, and made major breakthroughs in key technologies such as RSU dynamic area control, ETC-OBU dynamic tracking and accurate positioning, ETC-RSU/OBU transaction scheduling, and ETC-OBU concurrent processing, which greatly improved the adaptability of multi-lane free flow products to high-speed passing cars and vehicle tracking. In recent years, the company has closely followed the national policy of canceling provincial toll stations on expressways, actively studied key technologies, and successively developed products such as "polysemous path identification system", "5.8GHz polysemous path composite pass card" and "free-flow segmented charging antenna", which have been widely applied in the national project of canceling provincial toll stations and achieved good social and economic benefits. At the same time, the company’s accurate restoration path charging system is highly integrated with laser-triggered camera capture technology, AI enhanced recognition technology, multi-dimensional matching technology and cloud path fitting technology.Effectively restore the real path of the vehicle and guide the toll collection, and further improve the operation level of the expressway toll collection system. According to the accurate judgment of the industry development trend and market demand, the company has increased its R&D investment in the pre-installed ETC-OBU in recent years, and applied the "filtering and shielding fitting technology" and "OBU self-diagnosis technology" to the pre-installed ETC-OBU, laying a product and technical foundation for the pre-installed business development.

　　In the field of dynamic weighing, the company has accumulated profound research and development experience in the field of dynamic weighing for many years. Through the analysis and testing of equipment usage data, it is the first to propose a technical solution combining data acquisition with algorithm logic, which makes the company’s dynamic weighing technology at the international leading level. The company innovatively integrates dynamic weighing equipment, sensing equipment, etc. to develop an off-site law enforcement system for over-limit and overload, and realizes sales in many regions. In the field of overload control information networking management platform, the company uses big data technology to develop overload control platform system networking highway overrun detection sites and off-site law enforcement systems, analyze and mine the collected traffic information, and provide valuable in-depth information for traffic decision makers and participants.

　　(B) the advantages of industrialization capacity

　　The company has been deeply involved in the intelligent transportation industry for 29 years, and is committed to breaking through the tradition and pursuing innovation in the directions of intelligent transportation, smart cities and smart cars. From equipment manufacturers to solution providers, we have accumulated rich experience in the system integration ability of solutions and in the research, development, design and manufacturing of intelligent transportation equipment. Excellent solutions are inseparable from the empowerment and support provided by excellent products. On the one hand, the company is familiar with the requirements of the transportation industry for product characteristics and has formed a process accumulation. On the other hand, the company has accumulated rich experience in product whole process management and quality control. The company has built a 42,500-square-meter intelligent manufacturing production base in Shunyi, Beijing, and built a 10,000-class/100,000-class dust-free workshop for the production and testing of V2X units, multi-line lidar, ETC products and pre-installed ETC-OBU, and the operation of the data center of the intelligent network. The company’s digital workshop has been recognized by Beijing Economic and Information Bureau in 2022. The company’s intelligent manufacturing production base introduces the world-leading ERP system (SAP), production management system (MES) and warehouse management system (WMS), and is equipped with a number of high-speed SMT patch lines and fully automatic assembly test lines, which can produce PCBA and products of vehicle specifications and meet the business needs of both ends of the vehicle. Through the real-time data collection of factory management system, multi-terminal and multi-role real-time collaboration, big data visualization and deep learning intelligent decision-making, the company’s production quality control ability is further improved.

　　(C) Advantages of marketing network channels

　　The company has set up a matrix marketing management mode, a product division, which is responsible for coordinating the marketing work of the product line. At the same time, it has set up sales branches or agencies according to the region, taking the branch as the fulcrum to cover the regional sales work, ensuring the seamless network coverage of the market and continuously infiltrating products and services into the coverage area. The company has marketing agencies in Shanghai, Wuhan, Chongqing, Guangzhou, Shenyang, Nanjing and other regions. At the same time, the company has established an efficient global sales team spanning three continents and six countries, which adopts matrix marketing management mode and consists of product department and sales department. The company has sales representatives all over the world, including Indonesia, Thailand, Russia, Mexico and Bangladesh. The company attaches great importance to the construction and training of marketing network echelon, and each marketing organization has sales managers and deputy managers, and strives to cultivate experienced sales business backbones.

　　(D) Advantages of professional services

　　Each product line of the company is equipped with professional technicians such as technical service and quality control, who can provide technical support to customers before and after sale, provide customers with professional services such as product introduction, scheme design, product installation and testing, and continuously and timely give feedback to the company according to users’ usage. Through the perfect technical service, the company wins the trust of users and enhances the adhesion with customers.

　　The company set up a technical service center in the headquarters to coordinate the customer service management in all regions and realize business collaboration with quality management departments and business divisions. The company has established a customer service system covering the whole country and has the service ability to respond to customers quickly.

　　(5) Qualification advantages

　　The company has Grade B surveying and mapping qualification, construction enterprise qualification and safety production license. Passed ISO9001 quality management system certification, ISO27001 information security management system certification, ISO/IEC20000-1 service management system certification, IECQQC080000 hazardous substance process management system certification, ISO14001 environmental management system certification, ISO45001 occupational health and safety management system certification, ANSI/ Esds 20.20: 2014 & IEC 61340-5-1: 2016 electrostatic protection management system, GB/T27922 national commodity after-sales service standard certification, ITSS information technology service standard conformity certificate and information security service qualification certification. It has passed the certification of IATF16949 automobile parts quality management system necessary for automobile electronic suppliers, and obtained the five-level certification of CMMI_DEVML5 capability maturity and CNAS laboratory certification. These qualifications of the company have laid a foundation for market development and maintenance. In addition, the ETC product market implements the qualification access system, and the company’s related products have the test report of ETC products issued by Beijing Zhongjiao Guotong Intelligent Transportation System Technology Co., Ltd. The market of dynamic weighing products is subject to legal metrology management, and the related products of the company have obtained the type approval issued by the Bureau of Quality and Technical Supervision.

　　On the morning of April 2, the 408 train of Taitung Railway "Taroko" derailed when it went to the Dashuishui Tunnel in Hualien County. The Central Radio and Television General Station continued to pay attention to the report of Taiwan Province Radio Station’s Voice of the Sea and the new media platform of "Looking at the Taiwan Strait". The Voice of the Sea first launched a special column "Directly Attacking the Taiwan Railway Accident: Finding the Families of the Casualties", rolling out the rescue progress and casualties sent by the reporters stationed at the General Station at the scene of the accident, and announcing the hotline to help find the families of the casualties; The new media platform of "Looking at the Taiwan Strait" was released simultaneously at home and abroad. Related reports have been highly concerned by listeners and netizens at home and abroad. Many Taiwan Province listeners praised "The Voice of Taiwan and the Sea is a radio station with temperature" and "The hearts of compatriots on both sides of the strait are closely connected through radio waves and the Internet".

　　In the past few days, the voice of Taiwan and the new media platform of "Looking at the Taiwan Strait" have been closely linked, and "Sudden! The Taiwan Railway train derailed.
Several lives are at stake and many people are injured. The spokesman of the Taiwan Affairs Office of the State Council expressed great concern about the 408 train derailment accident of the Taroko. The latest news of the derailment of the Taiwan Railway! 48 people showed no signs of life and 118 people were injured. The column "Direct Strike on the Taiwan Railway Accident: Looking for the Families of the Casualties" was launched by Voice of Taiwan. May the deceased rest in peace
The injured are safe. Mainland netizens are concerned about the casualties of the Taiwan Railway accident. The rescue work has come to an end temporarily. The cause of the accident has been initially identified. The rescuers who directly connected the Taiwan Railway train derailment accident on the spot have blood thicker than water.
More than ten reports, such as listening to friends on both sides of the strait and worrying about compatriots killed by the Taiwan Railway. At the first time, exclusive news such as "List of some victims of the 408 train derailment accident of Taitung Taroko" and "List of some injured people of the 408 train derailment accident of Taitung Taroko" were broadcast; Interview the only mainland passenger who was slightly injured in the accident at the first time, and broadcast an exclusive interview with "The Voice of the Sea at the Central Radio and Television General Station: The injured land was interviewed."

Recall the moment of the Taiwan Railway accident. Once the relevant reports were published, they attracted widespread attention from the media at home and abroad, and they were reprinted and quoted one after another. Hundreds of Taiwan Province listeners either called or posted messages asking about the casualties and expressing their concern.

　　On April 3rd, General Secretary of the Supreme Leader expressed his condolences to the victims of the Taiwan Province Railway accident, and expressed condolences to the families of the victims and injured compatriots. After the launch of the headquarters network, the voice of Taiwan and the new media of "Looking at the Taiwan Strait" were released at the first time, spreading the concerns of General Secretary of the Supreme Leader to the people of and the global audience, which triggered a warm response.

△ Macau Citizen Daily: General Secretary of the Supreme Leader expressed condolences to the victims in Taiwan.

△ Pakistan Economic Net: General Secretary of the Supreme Leader expressed condolences to the victims.

△ "Looking at the Taiwan Strait" WeChat public number

△ CCTV news client

　　According to statistics, the special report of the Voice of Taiwan Sea and the new media platform of "Looking at the Taiwan Strait" and the related report of the General Station have been spread and released twice in domestic new media, with a magnification of 146 times and a total reading page view of 304 million times. Among them, the related content of "Directly Attacking the Taiwan Railway Accident: Looking for the Families of the Casualties" was read and viewed 1.57 million times, and the key manuscripts such as "List of some victims of the 408th train derailment accident of the Taiwan Railway" were read and viewed more than 2.85 million times in the CCTV news client and the two micro accounts of the main station.

Xiamen Studio of Voice of Taiwan Sea also cooperated with Taiwanese business associations in Fujian, Xiamen and other mainland countries to launch activities such as offering love to the victims of the Taiwan Railway accident. As of April 5, the relevant pledged amount has reached nearly 200,000 yuan.

△ The Voice of Taiwan and the Taiwan Business Association of the Mainland offer love to the victims of the Taiwan Railway accident.

　　A number of mainstream media in Hong Kong and Macao reported the condolences of the Supreme Leader General Secretary to our compatriots in Taiwan Province in the news pages, and also reported on Taiwan Voice’s column to help find the families of the victims. Hong Kong wenhui network, Dagong.com, Sing Tao Global Network, China Review News Network, Hong Kong News Network, Hong Kong Bauhinia, HK Me and My Motherland, Hong Kong HK+, Macau Daily, Citizen Daily and Lotus Times, Media such as American Business News Network, Singapore Lianhe Zaobao, Malaysia Lianhe Daily, Guanghua Daily, Indonesia International Daily, Japanese Chinese Business Network, Nordic Times, Portugal’s Portuguese New Newspaper, Ouqiao.com, Greece-China.com, New Zealand United Daily News, West Africa Online, etc. have also reported the condolences of the Supreme Leader issued by the Voice of Taiwan, and the voice of Taiwan is concerned with the compatriots who were killed or injured in the Taiwan Railway accident.　

△ Hong Kong Wen Wei Po

△ Ta Kung Pao

△ Hong Kong wenhui network

△ Dagong.com

△ Dagong.com

△ Sing Tao Global Network

△ China Review News Network

△ China Review News Network

△ Hong Kong News Network

△ Hong Kong "Bauhinia"

△ bus report

△HK me and my motherland

△Hong kong "HK+"

△Macao daily

△Macao Citizen Daily

△Macau Lotus Times

△American business news network

△Singapore Lianhe Zaobao Chinese website

△Singapore Lianhe Zaobao Chinese website

△Malaysia Lianhe Daily

△Guanghua Daily, Malaysia

△Indonesia International Daily

△Japan Chinese Business Network

△Nordic times

△Portuguese new newspaper

△Ouqiao net

△Xizhong. com

△New Zealand United Daily News

△West Africa online

　　The Taiwan Railway accident deeply touched the hearts of compatriots on both sides of the strait. Voice of Taiwan and the new media platform "Looking at Taiwan Strait" launched a column.Direct attack on Taiwan railway accident: looking for the families of the casualtiesAfter the contact information is published,Hundreds of cross-strait listeners either call the hotline of Taiwan Voice of the Sea or post messages on new media platforms.Concerned about the latest progress of accident rescue, expressing condolences and condolences to the casualties of the accident, and conveying concerns and greetings to relatives on the island.Jiangxi Yichun GaoanofMr. LuoI called the voice of Taiwan Sea at the first time to express my thoughts on my uncle’s family who had not been in contact for a long time in Taiwan Province.Taiwan Province May singer Yang PinhuaThank friends on both sides of the strait for their condolences on the online platform, pray for the injured, observe silence for the deceased, and forward the phone number of the voice of Taiwan and the sea to find relatives;Taiwan Province Xinbei listens to friends and family.Calling the hotline of the Voice of Taiwan Sea said that the blood of compatriots on both sides of the strait is thicker than water, and the Voice of Taiwan Sea is a radio station with temperature, which made him very moved.

△Taiwan Province May singer Yang Pinhua left a message on the online platform.

△Taiwan Province Xinbei listens to friends and calls the voice of Taiwan Sea.

△ Netizens leave a message on the new media platform of the reception desk to pray for their compatriots.

　　Lin Boyan, President of Zhangzhou Taiwanese Investment Enterprise Association.Calling Taiwan Voice said that compatriots on both sides of the strait are a family whose blood is thicker than water. On behalf of the vast number of Taiwan compatriots in Zhangzhou, I would like to express my deep condolences to the compatriots who died in this accident and express my sincere condolences to the injured and the families of the victims.Tang Yushu, former chairman of Hualien County Tourist Hotel Business Association and director of Hualien Tourism Promotion Association.He said that all Taiwan Province compatriots felt the same way when they heard the special report of the Voice of the Sea, the general radio and television station of the Central Committee, and heard the deep concern and care of so many compatriots in the mainland. I sincerely hope that the tragedy of the Taiwan Railway accident will make people on both sides of the strait care for each other and warm each other.Lai Lianjin, President of Taiwan Province South China NewsHe said that he was very touched when he heard the program "Directly Attacking the Taiwan Railway Accident: Looking for the Families of the Casualties" broadcast by the Voice of Taiwan Sea on the AM549 radio wave in Taiwan Province. The mainland listened to the greetings from friends and netizens, and he was deeply impressed that the two sides of the strait are a family separated by only a strip of water.Peking University Taisheng Wang YuhanIn the message, I said that I saw many mainland friends are very concerned about this matter through the "Looking at the Taiwan Strait" public number, and I feel the goodwill of my compatriots. I feel very gratified and hope that there will be no more natural and man-made disasters.Taiwan Province young Ficus virensThe message said that the special report launched by the "Looking at the Taiwan Strait" platform enabled him to quickly grasp the progress of the incident. He has recommended this platform to many friends on the island.

Practice the ambition of serving the country with a pure heart

　　Liu yingshu:"Walking Textbooks" did not hesitate to conquer "Wind Volcano"

　　Reporter: viki.　

　　

　　"The life of the road-building army is facing a serious threat. Can you build a large oxygen station? The headquarters and University of Science and Technology Beijing formed a joint research team to attack this new problem. Scientific and technical personnel forgot to eat and sleep, experimented day and night, and tackled key problems. After more than 200 failures, the world’s first large-scale plateau oxygen station was built! "

　　This is a vivid description of the fifth-grade Chinese text "Repairing the Railway to Lhasa" published by People’s Education Press. The plateau oxygen station mentioned in it was successfully developed and applied by Professor Liu Yingshu, director of the Institute of Gas Separation Engineering of University of Science and Technology Beijing, as a technical leader, and created.fiveyear15Ten thousand people built a world miracle of zero death from altitude sickness. And this is just an achievement of his major technical work for many years.

　　Going to the plateau and going to the laboratory, he will work more than a week when he is in his sixties next year.60Hours, I worked hard to carry out the research and development of major scientific and technological topics related to the national economy and people’s livelihood, and maintained a high-yield scientific research life year after year.

　　Overcoming cold and lack of oxygen makes Qinghai-Tibet Railway a miracle.

　　18Years ago, when undertaking the oxygen production project of the Qinghai-Tibet Railway, knowing that the site conditions were difficult and there was no precedent in the world for reference, Liu Yingshu agreed without hesitation.

　　In order to solve the problem of hypoxia in plateau construction, he ran at both the scene and the school. I usually have classes at school on Wednesdays, fly to Xining on Thursdays, then charter a bus to Golmud, Wudaoliang and Tuotuo River, walk along the Qinghai-Tibet Highway, and carry out oxygen-making experiments at every military station with electricity, and then rush to Beijing on Monday.

　　"When I arrived at Kunlun Mountain, my breath was dying; After five beams, I cried and shouted at my mother. On the wind volcano, the three souls have died. " This limerick vividly shows the harsh living environment in the local area. As the key control project of Qinghai-Tibet Railway, the full length of Fenghuoshan Tunnel is1338Meters, elevation of entrance rail surface.4905Rice, oxygen content is only in the mainland.50%The average annual temperature is below zero.sevenIt is the highest altitude and the longest permafrost tunnel in the world, and is called the forbidden zone of life.

　　Working in such a thin air, even if the construction workers carry oxygen tanks, it is still not enough, and they are often bored just after lifting the equipment, and the construction progress is difficult to guarantee. Looking at the painful expression of the workers’ poor breathing, facing the eyes that everyone is looking forward to, Liu Yingshu, who has been steady on campus, decided to fight, designing, doing experiments, surveying and debugging day and night.

　　When installing equipment at the south entrance of the tunnel, the water has been connected, but in the afternoon,threeThe heater hasn’t arrived yet. iffiveIf it doesn’t arrive before work, the temperature will drop sharply at night, and the water will be frozen. Equipment damage is one thing, and more importantly, it will delay the construction period and affect the oxygen inhalation of railway construction personnel. At this time, there is no communication equipment at the construction site, and the person in charge is in the headquarters of the north exit of the tunnel. It is necessary to take the road from the south exit to the north exit.2An hour. He was in a hurry and decided to climb the mountain and take a shortcut.

　　from4900Climb to the foot of the mountain5400Climbing down the top of the mountain is not as pleasant as walking on the plain. The construction team leader accompanied him. Every five or six steps, the two men had to stop to catch their breath. The lack of oxygen caused their hearts to beat and jump, and they almost felt like jumping out. But time is pressing, and they dare not rest more, so they stop and go, trying their best to catch up.fourArrive at the headquarters before 8: 00 and solve the problem of the heater. That year, he had already41Years old.

　　Going to the construction site for communication, field survey, equipment installation and debugging, troubleshooting … On such a business trip, he persisted for more than two years and went to the plateau for fifty or sixty times, sometimes living in a tent.twentyMany days.

　　did2000Multi-group working condition experiments failed.200After many times, he finally overcame the problem that the low pressure on the plateau and the temperature difference between day and night greatly affected the oxygen production system, developed the high-altitude pressure swing adsorption oxygen production technology, and successfully developed the highest-altitude wind-volcano tunnel oxygen production station in the world at that time, with the oxygen concentration reaching.92%Above, the workers who can breathe smoothly have renewed their enthusiasm.

　　The achievements were popularized and applied to the whole line of Qinghai-Tibet railway construction, creating15Ten thousand troops built a world miracle of zero death from altitude sickness, and the results of this project were obtained.2008National special prize for scientific and technological progress.

　　Go to the plateau to leave the root cause of the disease and use a ventilator every night.

　　The project was successful, but Liu Yingshu’s health paid a huge price. While doing scientific research and opening new courses, he was tired of lumbar disc herniation and once lay at home.twentyDon’t come to bed for many days. Later, every time he went to the plateau again, he had to go to the hospital for bonesetting massage before he could start.

　　What is more serious than lumbar disease is that he frequently goes in and out of the plateau without normal rest and adjustment, and the autonomic nerve is disordered, suffering from sleep apnea hypopnea syndrome.2002He fell ill for the first time in,2003When the year is serious, his sleep for one night will appear.270More than one apnea, the longest lasting nearly.oneMinutes. He had to use the ventilator, and it continues to this day, and he has to take it with him when he is on a business trip, otherwise he will be awakened, his heart will be extremely uncomfortable, and even he will suffocate and endanger his life.

　　Although it left an irreversible root cause, Liu Yingshu did not regret it. What he cares more about is that the project has brought huge social benefits, saved countless lives, and spread the concept of oxygen inhalation to the plateau. More and more local barracks, hotels, office buildings and other places have installed oxygen-making equipment, benefiting people.100Tens of thousands.

　　"People are lucky to be able to do these things all their lives. They always have to pay a little, and it is worthwhile for individuals to be wronged." Lack of oxygen leads to physical discomfort, but it can’t stop him from being full of lofty sentiments. Infected by the spirit of the builders of the Qinghai-Tibet Railway, he wrote a poem: "Holding the red day and stepping on the stars day and night, the roof of the world is in Changhong. Ice-eating style resists hypoxia, and contemporary foolish men give birth to gods. The frozen soil subgrade in the snow area is stable, and the wind and volcano pass through it. Ancient and modern Chinese and foreign romantic, only my plateau Tianluxiong! "

　　Important achievements concerning the national economy and people’s livelihood have come out one after another.

　　Lean coal is a kind of bituminous coal that can’t coke, and it is mainly used for power and civil fuel. High-quality coal for blast furnace injection is raw coal for ironmaking, and the economic value difference between them is at least more than twice. After finishing the research on the oxygen production project on the Qinghai-Tibet Plateau, Liu Yingshu did not have enough rest, and immediately devoted himself to the technical development of developing the former into the latter.

　　from2002Since, he has spent.fiveIn 2000, he led the research group and factory technicians to tackle key problems, and took the lead in successfully developing and popularizing complete sets of blast furnace injection technology for lean coal and lean coal, which greatly improved the optimization and appreciation of products in the coal industry and made the national resources scientifically and reasonably utilized. The research results of the project series have successively won the second prize of the National Science and Technology Progress Award.oneSpecial Prize of Scientific and Technological Progress in Shanxi Province and Coal IndustryoneItem, first prizethreeItem. Today, the research results have been widely used in industry, and the direct economic benefits exceed.200100 million yuan.

　　Just as the above topics are in full swing,2003When SARS hit in 2000, schools were closed and factories in other places could not go. Liu Yingshu, who rarely has a rest, didn’t relax at home. After learning that the patient24When oxygen inhalation was indispensable when he was a child, medical staff had to wear thick protective clothing and carry oxygen bottles to deliver oxygen to patients. He suddenly thought of whether a small and portable oxygen generator could be designed to reduce the burden on both doctors and patients.

　　He volunteered and applied for the emergency support project of the National Natural Science Foundation of China. Because of the relevant research foundation, the development was not very difficult, and soon he invented a small portable oxygen generator for patients to use alone, which solved the problem of safe oxygen use for SARS patients. Subsequently, he promoted the technology with the support of the school.

　　At present, the Institute of Gas Separation Engineering of University of Science and Technology Beijing has become the only center in China to research and develop the miniaturization technology of pressure swing adsorption oxygen production, forming the technical support position of the national medical health oxygen production machine industry, and laying a theoretical and technical foundation for the development and growth of the micro pressure swing adsorption oxygen production machine industry in China.

　　Liu Yingshu’s thinking is particularly active, and he is good at associating with real life. After completing the design of a small oxygen generator for SARS patients, he soon thought of the source of oxygen for people to breathe in a fire environment, wondering whether he could invent an instrument to directly convert carbon dioxide exhaled by the human body into oxygen.

　　He led the research group, aiming at the characteristics of the fire scene and the breathing needs of different people, spent a lot of effort to overcome the problems of self-circulation cooling, developed a series of products without circulating breathing equipment, and innovatively turned the "question mark" into an "exclamation point". Users can breathe through self-circulation, and can persist when they are still.oneHours, can also support when running.30Minutes, not only ensure the safety of life, but also the cost is not high, only a few hundred yuan for a piece of equipment.

　　At present, this series of products have become breathing equipment recognized in the field of fire protection and hazardous chemicals.2015After the explosion in Tanggu, Tianjin in, this kind of emergency respirator provided breathing and life-saving support for fire rescue workers.

　　In addition, in order to solve the problem of natural gas shortage in China, he carried out enrichment and purification research on coal mine gas and biogas, and applied it in Jizhong and Jixi. In terms of biological natural gas purification, he undertook the "Twelfth Five-Year Plan" country.863The key project of the plan "Research on Key Technologies of Biogas Purification" and the key project of Beijing Science and Technology Commission "Demonstration Project of Integrated Application of Biogas Technology and Equipment in Beijing-Zhangjia Area" can purify biogas from bio-fermentation to methane concentration.95%The above bio-natural gas will be used in Beijing-Zhangjiang area to promote the development and utilization of biomass energy in China and reduce greenhouse gas emissions.

　　Work every week60Wake up in the middle of the night thinking technology

　　Won the prize of scientific and technological progress achievementtwentyMore than one, including the National Science and Technology Progress Award.oneItem, the second prize of national scientific and technological progress.oneItem; Preside over and undertake major national scientific and technological research projects, national natural science foundation projects, and key projects of science, technology and industry committee for national defense.60Remaining items; Published papers300More than one article, published monograph.fourDepartment, enjoy special government allowances; Obtain a national authorized patent55Item, international leading, international advanced achievement appraisal.sixItem …

　　As one of the top experts in gas separation in China, Liu Yingshu has achieved fruitful results in academic research. He has no time to look back on the past. He always finishes a project and immediately throws himself into the research of new topics. His brain has been in high operation. He can maintain a high-yield trend for many years. He said that it is because he likes to ponder new problems, do scientific research, and pay attention to the development of the times and society. He always feels that there are too many problems to be solved in real life and hopes to do something practical, so he always has an interest in scientific research and keeps moving forward.

　　He is nearly sixty years old, but he still keeps forging ahead, working more than one week.60An hour, now I have it on handthreeA major issue, all related to the national economy and people’s livelihood. Among them, he undertook the "Thirteenth Five-Year Plan" key research and development project "Multi-pollutant Collection, Adsorption, Removal and Recycling Technology and Demonstration of Flue Gas", aiming at the problem of pollutants in flue gas, with the goal of transforming pollutants such as sulfur dioxide and nitrogen oxides in flue gas into high value-added gas products.

　　Originally, the project was planned to be established and processed every hour.fiveAfter seeing the interim results of the project, the factory increased its confidence and decided to expand the production line to every hour.100Ten thousand cubic meters. Being able to gain the trust of the manufacturer, he feels that the opportunity is rare and the responsibility is great. Recently, he often wakes up at two or three in the middle of the night and ponders over the technical scheme.

　　"If it is successfully developed, it will open up a new way of air pollution control that will bring both environmental protection benefits and economic benefits, and enterprises will change from passive environmental protection with pure investment to active environmental protection with positive returns." The pressure is temporary, and he is full of expectations for the research and development prospects. At this moment, he completely forgot his injuries, and he was as radiant as a fighter who went to the battlefield.

　　Like a "walking textbook", teaching for many years ranks first.5%

　　Liu Yingshu is not only an accomplished scientific researcher, but also a people’s teacher who cultivates talents conscientiously. He has successively won the honorary titles of Beijing’s teacher’s moral model and Beijing’s excellent teacher.

　　No matter how busy the scientific research work is, he always puts teaching and educating people in an important position, and he is used to attending classes in advance.15Minutes to the classroom, the average annual workload for the school professor rated workloadfiveMore than times. Almost everyone in his team received the teacher’s advice on revising the paper at two or three o’clock in the morning. From topic selection to punctuation, a paper usually needs to be revised three or five times before you can rest assured.

　　Vision Wei, a student, said that when catching up with the smog, the teacher would remind students to wear masks; After students graduate, teachers will still keep in close contact. From career development to introduction, he takes good care of everyone; As long as he asks questions, he will answer them at any time. "Although the teacher has already made a name for himself, he is humble and does not put on airs." Sun Ning, a student, said that he would listen to students’ feedback on the courseware patiently, revise it from time to time, innovate constantly, and would rather do research with you and produce results.

　　"Courtesy", "faithfulness", "diligence" and "cleanliness" are the basic requirements that Liu Yingshu put forward for graduate students, including being polite, such as letting the teacher go first when waiting for the elevator and not eating in class; Appreciate the cooperation opportunities given by others and thank each other for their trust; No matter the size of the task received, reply in time, be honest in academic work, and do not make any fraud, and be trustworthy in life; Think hard and work hard; Love to be clean, keep the laboratory clean …　　　

　　The rules seem to be small, but they are mostly trivial, but they contain his endless expectations for young students, not only guiding their studies, but also teaching them the truth of doing things, because he believes that details determine success or failure. "underground capsule regulation people can support in it.sevenGod, if the data is false, he shouldn’t go into the cabin for a period of timesevenGod’s real-life experiment. ""you can go to graduate school, which means that your intelligence has reached the standard, and then whoever is diligent can make achievements. Than hard work, you can with me.PK. ""If you don’t sweep a house, why sweep the world? " "If you want to do a good job in scientific research, you must learn to give up a lot of things, and the mentality of people who do scientific research must be flat and low."

　　His class is very popular with students, ranking first in teaching evaluation for many years.5%. In order to create good experimental conditions for the scientific research team, he raised funds by himself and built a world-class gas separation laboratory with a value of over 10 million. Under his leadership, the members of the scientific research team grew rapidly, won many national scholarships, were rated as the top ten academic stars of University of Science and Technology Beijing, and were selected into the postdoctoral innovation program of China. After graduation, they grew into top technical soldiers in all walks of life.

　　The students lamented that Liu Jiaoshou was a teacher and a friend; An elder, more like a relative.2014In, Dr. Zhang Chuanzhao graduated and taught in another university, which changed the direction of professional research. When he first joined the company, he didn’t adapt to many places, and he was so nervous that he lost sleep and even lost his hair every day. When he went back to his alma mater to chat with his teacher, Liu Yingshu comforted him: "Don’t worry, work hard, man proposes, God disposes." Sometimes hard work doesn’t necessarily pay off, but it doesn’t pay off if you don’t work hard. " After that, I took out my mobile phone and showed him my recent flight records. I went to four cities on business in a week. "You see that the teacher works so hard, and the things at hand may not have good results, but the teacher is still insisting, so you have to work hard." The teacher almost said Zhang Chuanzhao’s tears in a word, which seemed to inject energy in an instant.

　　Energy institute2015After finishing the freshman seminar, Wang Yi, a Grade-1 student, wrote a letter to him: "Teacher Liu, I want to say thank you. Thanks to your teaching and companionship in the past six months. For freshmen, a master like you is both looking up and deeply impressed. You care for us, paying attention to knowledge and being a man, and preparing small gifts for us on Christmas Eve. By your side, like a spring breeze! " Under his guidance, Wang Yi won a national scholarship, achieved good results in competitions such as the Energy Conservation and Emission Reduction Competition, and successfully applied for graduate studies.　　　

　　Liu Yingshu also pays attention to supporting young teachers. He helps young colleagues who enter the research group to set career development goals and guide them with their own experiences; He often discusses with them on scientific research direction and academic issues; He helped them to establish contact with famous overseas scholars, introduced enterprises to them, signed horizontal projects, revised project applications and solved technical problems. In recent years, the young teachers of the research group have won many high-level scientific research projects, such as the National Natural Science Foundation Youth Project, the Beijing Natural Science Foundation Project and the Postdoctoral Innovative Talents Program Project.

　　He said: "At our age, one of the main tasks is to build platforms and ladders for young people and pass on the scientific research tasks in our hands like a baton."

　　"Three-inch chalk, three-foot platform is the national luck; A heart of Dan, holding a candle to cast the soul of the people all his life. " This is Liu Yingshu, who, full of childlike innocence, practiced his ambition to serve the country, conquered one "wind volcano" after another on the road of scientific research, and became a "walking textbook" in students’ minds, explaining the meaning of "teachers’ morality" in every word and deed.

　　On the 17th, the Regulation on the Supervision and Administration of Non-bank Payment Institutions was promulgated, which came into effect on May 1, 2024. This is the first administrative regulation in the field of supervision of non-bank payment institutions, and it is also the first administrative regulation in the financial field issued after the Central Financial Work Conference.

　　Non-bank payment institutions are non-bank institutions that are allowed to handle online payment services, such as Alipay and WeChat payment, which we often use.

　　By the end of September 2023, there were 185 non-bank payment institutions in China. At present, the annual transaction amount of payment institutions has reached nearly 400 trillion yuan, serving over 1 billion individuals and tens of millions of merchants. What impact will this new regulation have on this multi-billion-dollar market? What convenience will it bring to the people?

　　01

　　What are the contents of the regulations?

　　There are 6 chapters and 60 articles in the Regulations, which focus on four aspects, including defining non-bank payment institutions and establishing licenses, improving payment business rules, protecting users’ legitimate rights and interests, and clarifying regulatory responsibilities and legal responsibilities.

　　The "Regulations" focus on giving play to the important role of the non-bank payment industry in helping the development of the real economy and improving people’s livelihood; Strengthen the guidance on the functional orientation and development of payment institutions, guide payment institutions to adhere to the purpose of small amount and convenience, focus on the main business, improve services, and better meet the payment and settlement needs of users; Strengthen user orientation and greatly enhance the protection of user rights and interests; Form a stronger mechanism guarantee in comprehensively strengthening supervision, preventing and resolving risks.

　　The person in charge of the Payment and Clearing Association told reporters that from this perspective, the Regulations are the "basic law" for the healthy and sustainable development of non-bank payment services.

　　02

　　What are the problems in the payment industry? What are the new regulations?

　　At present, China’s mobile payment ranks at the leading level in the world, effectively helping the development of the real economy and improving people’s livelihood.

　　At the same time, however, some payment institutions also operate in violation of regulations, such as: illegally misappropriating user funds, revealing or improperly collecting and using user information; Individual payment institutions take risks and provide funds transfer channels for illegal and criminal activities such as telecommunication network fraud and cross-border gambling.

　　In view of these problems, one of the key contents of the Regulations is to greatly strengthen the protection of users’ rights and interests. On the one hand, it is clear that payment institutions shall not misappropriate, occupy or borrow customers’ reserve funds, and shall not forge or alter payment instructions. At the same time, regarding the protection of users’ rights and interests, which consumers are generally concerned about, the Regulations not only require payment institutions to respect the legitimate rights and interests such as users’ right to choose independently and the right to know, but also disclose relevant information to users in a timely manner; It also requires payment institutions to take measures to ensure the safety of users’ personal information and prevent users’ information from being leaked or abused, which gives consumers a "reassurance" and allows them to use all kinds of network and mobile payment services more safely.

　　03

　　Strict entry threshold and increase punishment

　　The "Regulations" clearly adhere to licensed operation and strictly enter the threshold. Payment institutions must implement access management in accordance with the principle of "license before license", clarify the access conditions of payment institutions such as registered capital, major shareholders, actual controllers and senior management personnel, and also implement license management for major changes, and at the same time establish and improve the normalized exit mechanism of serious illegal institutions.

　　In addition, the "Regulations" clearly stipulate that penalties for serious violations of laws and regulations will be increased according to law.

　　04

　　How to punish? Who will punish?

　　The Regulations clarify that the People’s Bank of China may impose fines on relevant payment institutions, restrict some payment businesses or order them to suspend business for rectification, even revoke their payment business licenses. At the same time, it is clear that the directors, supervisors, senior executives and other personnel who are directly responsible can be punished according to specific circumstances, and if the circumstances are serious, measures can be taken to ban them from entering the market.

　　05

　　What do payment institutions think?

　　This new payment regulation involves both head payment institutions and small and medium-sized payment institutions, including representatives of private and foreign payment institutions.

　　What impact will the implementation of the new regulations have on the industry? Alipay, WeChat and other related business leaders have voiced their voices. All payment institutions said that the Regulations will help the non-bank payment industry to further standardize the healthy development and make positive contributions to the development of the real economy and the improvement of people’s livelihood.

　　one

　　Alipay: It is conducive to the standardized and orderly development of the payment industry

　　The relevant person in charge of Alipay said that the implementation of the Regulations laid a foundation for healthy competition and standardized and healthy development for the future development of payment institutions. Through this management regulation, the full chain and full cycle supervision of payment institutions is further strengthened, which is conducive to preventing risks in the payment industry. At the same time, under the role of standardization, the payment industry will usher in further standardized and orderly development, which is also conducive to the long-term development of the physical industry.

　　2

　　Tenpay: The payment industry has fundamental regulations.

　　Tenpay said that the promulgation of the Regulations, on the one hand, has improved the legal level of supervision of payment institutions, from the original departmental regulations to administrative regulations, which indicates that the payment industry has fundamental regulations, which is conducive to strengthening industry supervision, improving supervision efficiency and establishing supervision authority; On the other hand, it conforms to the development trend of the payment service market, which lays a solid foundation for standardizing the compliance operation of payment institutions and points out the way for the high-quality development of payment services.

　　three

　　Paypal payment: payment institutions can operate more legally and regularly.

　　The promulgation and implementation of this regulation is conducive to the establishment of long-term stable expectations of all parties in the industry, and the payment institutions can operate more legally and standardize, thus ensuring the healthy and sustainable development of the payment industry. Strict access to payment institutions is one of the important measures to ensure the development of the payment industry. The regulations have further improved and optimized the conditions and standards for the access of payment institutions, making them more scientific and standardized. This measure will help to improve the strength and service quality of the whole industry and provide more secure and reliable payment services for users and businesses.

　　four

　　Union easy treasure: the industry expects to escort the high-quality development of the payment industry.

　　With the rapid development of the payment industry, some problems are gradually exposed, and risk events such as business alienation, misappropriation of funds and data leakage occur from time to time. Some institutions use payment platforms to engage in illegal fund-raising and telecommunication network fraud, which damages the image and reputation of the industry, disrupts the financial order and infringes on the legitimate rights and interests of financial consumers. The contradiction that the existing payment supervision system is low in level, limited in legal effect and unable to fully adapt to market norms and development needs is increasingly prominent. It can be expected that the "Regulations" will strengthen the full chain and full cycle supervision of the non-bank payment industry, which is conducive to giving full play to the role of the law in safeguarding the industry, stabilizing expectations and benefiting the long term, and empowering and escorting the high-quality development of the payment industry.

　　(CCTV reporter Sun Yan)

　　The flu vaccine has started! Children’s influenza can be vaccinated from June to 3 years old, and adults’ influenza can be vaccinated over 3 years old.

　　Influenza is an acute respiratory infectious disease caused by influenza virus, which can cause large-scale epidemic. It is mainly spread through droplets in the air, contact between people or contact with contaminated items. It has the characteristics of high incidence, rapid spread, ineffective antibiotic treatment and susceptibility of all people. But influenza can be prevented, and influenza vaccination is the most effective prevention method at present.

　　1. What’s the difference between the flu and the common cold?

　　The difference between flu and common cold.

　　2. What are the benefits of influenza vaccination for different groups of people?

　　Early vaccination, early prevention, and no hesitation.

　　3. When will the flu vaccine be vaccinated?

　　Winter and spring are the flu epidemic seasons every year, and the best time to get the flu vaccine is before the start of the flu season every year. Therefore, generally, autumn and winter are the best golden period for flu vaccination to ensure immune protection before the flu season (it usually takes two to four weeks to produce effective immunity after getting the flu vaccine). Early vaccination, early prevention.

　　4. I was vaccinated against influenza last year. Is it necessary to get vaccinated once a year?

　　You can’t be "immune for life" after being vaccinated with influenza vaccine. In fact, the influenza virus strains that are popular every year are different from those in previous years, and the immunity acquired by people after influenza vaccination will also decay over time. The antibody level produced in the body does not always remain the same after vaccination. The antibody level in the body begins to decline after 6-8 months, and there is no protective effect after one year. Therefore, it is necessary to vaccinate the flu vaccine once a year.

　　5. What are the possible reactions to vaccination?

　　Low-grade fever may occur after influenza vaccination, and there will be slight redness and swelling at the injection site, but these are temporary phenomena and the incidence rate is very low, and usually no special treatment is needed. However, a few people will have repeated high fever, dyspnea, hoarseness, wheezing, urticaria, pallor, weakness, tachycardia and dizziness, so they should seek medical attention immediately.

　　6. What are the suitable people for influenza vaccine?

　　Infants aged 6-35 months;

　　Older people over 60 years old;

　　Chronic patients and the infirm;

　　Staff of medical and health institutions, especially front-line staff;

　　Pupils and kindergarten children;

　　Staff of nursing homes, nursing institutions for the elderly and nurseries;

　　Employees in the service industry, especially taxi drivers, civil aviation, railway and bus drivers, commercial and tourism service employees, etc.;

　　People who travel frequently and go abroad; People in important jobs, etc.

　　People and voluntary vaccinators who want to reduce the possibility of influenza for any reason.

　　7. Precautions for influenza vaccination

　　Precautions:

　　(1) The interval between influenza vaccine and COVID-19 vaccine or other vaccines should be 2 weeks or 4 weeks (according to the specific situation of vaccination).

　　(2) Those who are allergic to the ingredients contained in the vaccine should not be vaccinated.

　　(3) Those who have been vaccinated with this vaccine in the past and have had serious adverse reactions should not be vaccinated.

　　(4) People suffering from acute diseases, serious chronic diseases, acute attack of chronic diseases, colds and fever should not be vaccinated.

　　(5) Patients with uncontrolled epilepsy and other progressive nervous system diseases should not be vaccinated if they have a history of Guillain-Barre syndrome.

　　8、Time and place of vaccination in Yunnan Maternal and Child Health Hospital

　　Vaccination time:

　　Monday to Friday: 08: 00 a.m.-11: 30 a.m. (Adult routine vaccine can be inoculated at the same time in the morning).

　　14: 00-16: 30 pm (no vaccination on the afternoon of the last day of the month)

　　Saturday and Sunday at 8: 00 & mdash; half past three p.m.

　　Vaccination time of other parts:

　　BCG: It can be vaccinated only on Monday morning.

　　Encephalomyelitis group A: It can be inoculated only on Tuesday and Thursday morning.

　　White beer: vaccination is only available on Saturday morning.

　　Inoculation location: No.86 Gulou Road, Panlong District, Kunming (Early Childhood Development Center of Yunnan Maternal and Child Health Hospital)

　　Photo courtesy of Yunnan Maternal and Child Health Hospital

　　How much pension can I get in the future? This is a problem that every pension insurance participant is concerned about. For a long time, people only know how much money they have paid, but rarely can they figure out how much money they will get in the future and whether the endowment insurance they have paid is worth it. Recently, the national social insurance public service platform was officially launched, and the insured can finally calculate how much pension they can receive in the future!

　　Want to calculate your own pension? Difficult!

　　How much does the employee pension insurance have to pay every month? The easiest way is to look at the deduction amount of endowment insurance on your salary slip, which is clear at a glance.

　　Old-age insurance is divided into two types: residents’ old-age insurance and employees’ old-age insurance. At present, employees’ old-age insurance is more concerned. In fact, there is a clear calculation method for pension benefits, but this calculation method is extremely complicated. For example, the pension insurance benefits for employees in Beijing are as follows:

　　After July 1, 1998, the basic pension consists of basic pension and personal account pension, and before June 30, 1998, the basic pension consists of basic pension, personal account pension and transitional pension.

　　Worked before June 30, 1998, pension composition:

　　Basic pension

　　Based on the average of the average monthly salary of employees in this city in the last year when the insured retires and the average monthly payment salary of himself, 1% will be paid for each full year according to the insured’s full payment period.

　　Transitional pension

　　The sum of the monthly transitional pension calculated according to the deemed payment period and the monthly transitional pension calculated according to the actual payment period.

　　Personal account pension

　　The accumulated storage amount of the insured’s personal account is divided by the number of months specified by the state. Different retirement ages correspond to different months. The Monthly Table of Personal Account Pension of Basic Old-age Insurance for Employees in Urban Enterprises can be easily found on the Internet.

　　The sum of the above three parts is the amount of pension that retirees can receive.

　　If you calculate according to the formula, it can be said that it is very frustrating. As a result, many people are trying to search for a "one-click generation" calculator on the Internet to calculate how much pension they can receive in the future.

　　However, although the calculation formula is ready-made, the amount of pension is closely related to the insured’s salary, average social salary, interest rate and other factors. These factors are variables, and it is impossible to accurately calculate the amount of pension under unpredictable circumstances.

　　Therefore, most of what can be searched online is only calculators for the amount of payment, and it is difficult to find calculators that can predict pension benefits.

　　give an example

　　The estimated benefits far outweigh the payment.

　　Suppose Wang, female, is currently 35 years old and has accumulated payment years of 11 years. Her "deemed payment period" is 0. Wang’s salary level fluctuates at twice the social average salary. For the convenience of calculation, let’s assume that her "previous annual average contribution wage index" is 2; Her "personal account deposit at the end of last year" was 107,519 yuan. The "average monthly salary of employees on the job last year" in Beijing, where she participated in the insurance, was 7855 yuan (the average salary of employees in full-caliber urban units in 2018). The assumption of "the average wage growth rate of employees in the future" is 8%, and the "future personal account bookkeeping rate" is also assumed to be 8%. "This year’s payment salary" is 20,761 yuan, and the future payment salary growth rate is also assumed to be 8%.

　　Through the calculator, the result shows that Wang will retire in 2039, and his basic pension is about 32,885 yuan, including 19,379 yuan for basic pension, 13,506 yuan for personal account pension and 0 yuan for transitional pension. In this way, Wang’s future pension is expected to exceed 30,000 yuan. Compared with the old-age insurance premiums paid before, the benefits are definitely far greater than the pay.

　　Many people will be surprised: "Can you get a pension of more than 30,000 yuan in the future? Will it be that high? " It should be noted that the simulation calculation here is the pension level after 20 years, and the future income situation cannot be felt by the current level of economic development. Just like 20 years ago, people’s wages were generally only a few hundred yuan, but now they have reached several thousand yuan. It is a truth that the original income can no longer be measured by the current economic level.

　　In addition, it should be emphasized that the calculation formula of pension involves many variables, which are only calculated under the simulation hypothesis of many variables and cannot truly reflect the future pension level of the insured. The actual amount shall be calculated by the local social security agency at the time of retirement.

　　operate

　　The official platform predicts that pensions will be divided into ten steps.

　　At present, the national social insurance public service platform can provide services such as social security annual enrollment information inquiry, treatment qualification authentication, pension calculation, social security relationship transfer inquiry, medical treatment inquiry in different places, overseas exemption application, social security card and electronic social security card status inquiry. Among these functions, pension calculation is very eye-catching. Although the platform provides a calculator, many people are still confused about the information that needs to be filled in.

　　The reporter logged into the platform and experienced it.

　　Click to enter the page of calculating the pension insurance benefits for urban workers. First, you must choose the type of insurance. This option includes "employees of urban enterprises" and "individual industrial and commercial households or flexible employees". Because most of the insured persons are insured through enterprises, here is an example of "employees of urban enterprises".

　　1 Fill in basic information such as gender and age. In the "estimated retirement age", the average male is 60 years old, the female cadre is 55 years old and the female worker is 50 years old.

　　2 determine the payment period. The column of "actual payment years" refers to the accumulated years of actual payment of social security. You can check your own payment information over the years, which is clearly recorded. The "deemed payment period" is very special. "The deemed payment period" refers to the continuous working time calculated according to the state regulations before the actual payment period of all the working years of employees. To put it bluntly, although you haven’t worked or paid the old-age insurance for some years, the old-age insurance will be considered as paid, and these years will be counted in your payment period to give you a pension.

　　According to the time when individual accounts of endowment insurance are established in different places, the starting time of deemed payment period is also different. Most of them were in the early 1990s, and those who worked before that had deemed payment period. Nowadays, young and middle-aged workers generally don’t involve the deemed payment period. Just fill in zero for this option.

　　3 determine the payment wage index. The "previous annual average payment wage index" is the most troublesome. The annual average payment wage index refers to the average payment wage index of social co-ordinators participating in endowment insurance over the years. It is based on the payment declared by the insured every year, and the salary is divided by the average salary of the local employees in the previous year, and the payment wage index of the year of payment is obtained. This is calculated once a year, and the annual payment wage index is added, and then divided by the actual payment period. Simply understood, the payment wage index means that the salary of the insured is several times that of the social security. Average the multiple of each year, and it is the annual average payment wage index.

　　4. Inquire about the amount of personal account storage at the end of last year. "The amount of personal account storage at the end of last year" is the sum of the personal account part and interest of the previous pension insurance, and most people will not remember how much money there is. You can check your own social security payment information over the years, which is clearly recorded (you can log on to the international social insurance public service platform or the Beijing social insurance online service platform).

　　5. Determine the average monthly salary of employees on the insured ground in the previous year. The "average monthly salary of employees on the insured ground in the previous year" will be announced by the social security department every year, and you can search and query it.

　　6. Forecast the future increase of social wage. "The average wage growth rate of employees in the future" is to fill in an estimated future growth rate of social wages, which is difficult to estimate. Looking up the average wage growth rate of employees released by Beijing Municipal Bureau of Statistics in recent years, we can find that this figure varies from high to low, reaching nearly 18% at high and just over 4% at low. So you can choose according to your personal prediction.

　　7 estimate the future personal account bookkeeping interest rate. The bookkeeping interest rate of personal account refers to the interest generated by the accumulated storage amount of personal account of endowment insurance. This bookkeeping interest rate should be determined with reference to the local average wage growth rate of employees in the previous year, the bank’s resident time deposit interest rate, the actual income from the operation of the endowment insurance fund and other factors. For example, the bookkeeping interest rate in 2016 was 8.31%, and the bookkeeping interest rate in 2017 was 7.12%.

　　8. Inquire about my payment salary this year. You can check your social security payment information.

　　9 forecast the growth rate of future payment wages. Insured personnel can estimate how much their annual salary will increase in the future.

　　10 calculation. After all the information is entered, click the "Calculate" button, and the system will give the pension budget result. Our reporter Dai Lili