Text | Zhang Yuqi Wu Ni
Editor | Yin Lina
Cartography | Li Ziya

According to media reports, a spokesman for Bojian said: "The company is implementing cost-cutting measures, and it is expected to save 500 million US dollars every year through layoffs."

The failure rate of research and development of Alzheimer’s disease is as high as 99.6%, which can be described as the defeat of Qian Fan. Since the 21st century, more than 320 clinical studies of global innovative pharmaceutical companies have failed. As a head biotechnology company in the field of neurology, Bojian is experiencing its "life and death field". Maybe the dust will settle before April 11th. Is Aduhelm still hopeful to be the next Nocicna sodium?

[car home Shanghai Preferential Promotion Channel] Recently, a preferential storm was launched in Shanghai, with the highest preferential margin reaching 23,000 yuan and the lowest starting price of 226,800 yuan. If you are looking for a cost-effective SUV, don’t miss this excellent opportunity to buy a car. Click the "Check Car Price" button in the quotation form to get a higher discount!

Highlander’s front face design is full of power and modernity. It adopts an integrated air intake grille with chrome decoration to make the vehicle look more dynamic and luxurious. The overall style is stable and powerful, the body lines are smooth, and the front part adopts a unique family design, which highlights the personality and recognition of the vehicle.

Highlander’s side lines are smooth and elegant, with a body size of 4965*1930*1750mm and a wheelbase of 2850 mm. The lines on the side of the car are simple and powerful, showing a steady and atmospheric style. The front and rear wheel tracks are 1655mm and 1660mm respectively, which ensures the stability and handling of the vehicle. Paired with 235/55 R20 tires, it complements the exquisite 20-inch rim, showing the luxury and dynamism of Highlander.

Highlander’s interior style is simple and atmospheric, adopting modern design concepts. The steering wheel is made of leather, which supports manual adjustment up and down and back and forth, bringing a comfortable grip and meeting the driver’s personalized demand for driving position. The center console is equipped with a 12.3-inch LCD screen, which integrates multimedia system, navigation, telephone, air conditioning and voice recognition control system of sunroof, so that drivers can easily control various functions. The front seats are made of leather and imitation leather, and the main driver’s seat has various adjustment modes such as front and rear adjustment, backrest adjustment, height adjustment (4-way) and lumbar support (2-way), providing a more comfortable and personalized riding experience. The front seats also have a heating function to provide warmth for drivers in cold weather. The second row of seats supports front and rear adjustment and backrest adjustment, and the rear seats can be laid down in proportion, providing flexible storage space. The front and rear rows are equipped with USB and Type-C interfaces, which meet the needs of modern drivers for charging electronic devices.

Highlander’s 2.0T 248 horsepower L4 engine has excellent power performance, with a maximum power of 182kW and a maximum torque of 380 N m. With the 8-speed automatic manual transmission, it provides drivers with a strong and smooth driving experience.

Car home car owners’ evaluation of Highlander is quite pertinent: "After driving for a while, I really feel a lot. The hybrid power system with 2.5L engine and motor is quite good. At the beginning, it is driven by pure electricity, which is very quiet. After the speed comes up, the engine intervenes, the power can keep up, the acceleration response is fast, and you are confident of overtaking at high speed. Moreover, the fuel consumption per 100 kilometers can be controlled below 6L, which is economical and practical. I am very satisfied with the texture of the chassis. I was originally worried that the SUV’s body would sway when it was high. As a result, the chassis was compact and flexible when driving, and the shock absorption was soft. The suspension was not stiff when passing through the speed bump and the joint of the road, and the body swayed little. It can also properly convey the road feeling and drive with confidence. The driving experience is also great, the steering is light and flexible, the steering wheel and the body are in good synchronization, there is no delay, and my wife can easily drive. However, the car is not finished, and Highlander also has some minor shortcomings, such as the obvious vibration and sound when the engine is started with insufficient battery power. But overall, I think it is still very worth buying. "

　　Author: Yang Zhongyang

　　Recently, "end-to-end" has been on fire in the car circle! Tesla’s benchmark demonstration effect based on the "end-to-end" FSDV12 (fully autonomous driving) scheme, and the rumors of joining China, have driven companies such as "Wei Xiaoli" and service providers such as Huawei and Horizon to turn around and add end-to-end autonomous driving technology.

　　The so-called "end-to-end" actually comes from the concept of deep learning, and English is "end-to-end (E2e)", which means that through an AI model, the final result can be output as long as the original data is input. When it is applied to the field of automatic driving, it means that only one model is needed to convert the sensing information collected by sensors such as camera, millimeter-wave radar and laser radar into specific operating instructions such as the steering angle of the vehicle, the stepping depth of the accelerator pedal and the braking strength, so that the vehicle can realize automatic driving. In the words of He Xiaopeng, the founder of Xpeng Motors, it is "very silky" and more like "human drivers driving".

　　Previously, most autonomous driving systems on the market were traditional modular, that is, a mix-and-match system with artificial and intelligent worlds: perception relied on neural networks, and planning and control used algorithms designed manually by humans. The advantage of this system is that the division of labor is clear, and it is convenient to check and solve the defects in modules. But the problem is that this modular automatic driving system performs well in relatively simple driving tasks, and its ceiling is obvious in the face of complex driving tasks. Even the so-called advanced intelligent driving function of the city, which is far ahead, still has a sense of machinery, and it will also stop when it merges into the expressway and passes through a large intersection.

　　Considering that the core challenge of autonomous driving is to solve endless edge scenes, the cost and time of solving the infinite long tail problem with limited manpower are incalculable, and data and modeling have become an inevitable trend. However, end-to-end, it is also a difficult technical job that needs careful polishing by the master.

　　On the one hand, end-to-end needs massive high-quality data "feeding" training. Unlike the big language model, which can crawl a large amount of text data on the Internet for training, the cost and difficulty of obtaining video data for end-to-end intelligent driving are extremely high. Take Tesla as an example. At present, its FSD has accumulated more than 20 million human driving video clips, and the data collection cost of this scale only needs 5 billion to 8 billion yuan.

　　On the other hand, end-to-end needs the support of powerful computing power. Automatic driving involves technologies and solutions such as lidar, image perception and V2X vehicle-road coordination. Powerful computing power is not only conducive to real-time processing of massive data, reducing data transmission delay, but also better supporting the whole scene for smart cities, smart transportation, high-level autonomous driving and so on. However, the computing power growth of domestic enterprises such as Huawei BU, Baidu Jiyue, Weilai, Ideality, Geely, Great Wall, Tucki, etc. are currently facing major bottlenecks.

　　The problem is that the constraints of computing power and data will significantly affect the development of the algorithm. Although UniAD, an end-to-end autopilot model put forward by domestic academic circles, won the Best Paper Award of CPVR in 2023, which provides a reference direction for domestic enterprises, but UniAD developed under the open-loop verification system and small sample data still needs some engineering transformation and large-scale data training.

　　In addition, the upper and lower limits of the autopilot system will be enlarged end to end. Because the end-to-end construction is a neural network black box, in the process of obtaining a higher upper limit, some of the interpretability of the traditional module scheme is transferred. How to retain the interpretability in the autopilot system and characterize the rules that should not be overstepped, such as don’t run a red light, into the neural network to ensure the end-to-end application and evolution safely, will also be an important topic for regulatory engineers.

　　There are two routes to climb Mount Everest: one is the northern slope of Tibet, China, and the other is the southern slope of Nepal. Whether you choose to climb from the south slope or the north slope, you will eventually reach the same peak. This is similar to the current development path of autonomous driving. Although it is still difficult to determine that end-to-end is the optimal solution or final solution of autonomous driving, this does not hinder the innovation and exploration of enterprises. After all, end-to-end can handle extreme cases better than traditional modular methods, and it represents a more efficient way to reduce the dependence on manual coding. Based on this path, perhaps autonomous driving can lead to a higher stage. (Yang Zhongyang)

　　China Weather Network News The Central Meteorological Observatory continued to issue a blue rainstorm warning at 06: 00 on July 3:

　　It is estimated that from 08: 00 on July 3 to 08: 00 on July 4, there will be heavy rains in parts of central and southern Shandong, northern Jiangsu, northern Anhui, eastern and southern Henan, northern and western Hubei, southwestern Shaanxi, Chongqing, eastern Sichuan, northwestern Guizhou, northeastern Yunnan and southwestern Guangdong, among which there will be heavy rains in southern Shandong, northern Jiangsu, southern Henan, northern Chongqing and northeastern Sichuan. Some of the above areas are accompanied by short-term heavy rainfall (the maximum hourly rainfall is 30 ~ 50 mm, and the local area can exceed 60 mm), and there are strong convective weather such as thunderstorms and strong winds.

　　Defense guide:

　　1, the government and relevant departments in accordance with their duties to prepare for the storm;

　　2. Schools and kindergartens should take appropriate measures to ensure the safety of students and children;

　　3. Drivers should pay attention to road water and traffic jams to ensure safety;

　　4, check the city, farmland, fish pond drainage system, ready for drainage.

　　Cctv news: 8 o’clock, witness the news every day. CCTV will sort out the big and small things that happened around us within 24 hours for you.

　　[concern]

　　Serious medical accident! Official notification of "five newborns died in hospital"

Network mapping

　　On May 11th, the reporter learned from Guangdong Provincial Health and Wellness Committee and relevant departments of Foshan City that the recent neonatal infection in Shunde Hospital of Southern Medical University was a serious medical accident caused by enterovirus and poor management. At present, the incident has been properly handled, no new cases of infection have occurred, and the institutions and personnel involved have been seriously investigated.

　　The relevant person in charge of the Guangdong Provincial Health and Wellness Committee said that after the incident, Guangdong Province quickly set up an incident investigation team and an expert working group to seriously find out the reasons and take effective measures to properly handle the diagnosis and treatment of children and related aftermath. Through epidemiological investigation, clinical case analysis, hospital infection investigation and analysis and pathogen detection, it has been found that this is a hospital infection event caused by enterovirus (echovirus 11). Five children with basic diseases such as neonatal pneumonia died, 13 infected cases were cured and discharged, and one case is still in hospital, and the condition is stable. After comprehensive investigation, no new cases of infection were found in the relevant hospitals.

　　According to the investigation, the incident was a serious medical accident caused by lax hospital management, imperfect and unfulfilled hospital infection prevention and control rules and regulations, lack of hospital infection monitoring in neonatal department, and failure to report hospital infection as required.

　　The local health authorities ordered the neonatal ward of the hospital to suspend business for rectification in accordance with the Measures for the Administration of Hospital Infection and the Detailed Rules for the Implementation of the Regulations on the Administration of Medical Institutions. Instruct the hospital to strictly implement rectification within a time limit in view of existing problems; Supervise the hospital to actively do a good job in the follow-up of children and family care. The Provincial Health and Wellness Committee has deployed medical and health institutions in the province to comprehensively investigate the prevention and control of hospital infection, find hidden dangers, plug loopholes, strengthen management, and prevent similar incidents.

　　At the same time, the reporter was informed that the relevant departments seriously dealt with the responsible person of the incident, and gave the party secretary and dean of Shunde Hospital of Southern Medical University the revocation of the party position and dismissal; Give the deputy director in charge of the Shunde District Health and Wellness Bureau of Foshan City the revocation of his position within the party and dismissal; Other responsible persons have also been seriously dealt with.

　　[domestic]

　　Good news! The reimbursement rate of this medical insurance has increased from 50% to 60%.

　　The "Notice on Doing a Good Job in Basic Medical Security for Urban and Rural Residents in 2019" formulated by the National Medical Insurance Bureau and the Ministry of Finance was officially released. According to the Notice, the financing standards for medical insurance and serious illness insurance for urban and rural residents will continue to be improved. This year, the per capita financial subsidy standard for medical insurance for residents will be increased by 30 yuan, reaching no less than that of 520 yuan per person per year, and half of the new financial subsidy will be used to improve the guarantee capacity of serious illness insurance, that is, 15 yuan will be added to the per capita financing standard for serious illness insurance in 2018. At the same time, the level of treatment guarantee has been steadily improved, and the reimbursement rate within the policy scope has been increased from 50% to 60%.

　　At the end of the fifth working day, Yutu II has walked a total of 190.66 meters!

　　Yutu-2 patrol has completed the scientific exploration of the fifth day and entered the fifth night at 11: 05 am on the 11th. In five months’ work, Yutu II has walked 190.66 meters. During the moving process, Yutu-2 carried out the boot detection of the patrol infrared spectrometer, panorama camera, neutral atom detector, lunar radar and other payloads as planned, and the data received by the ground was normal.

　　The track laying of the longest tunnel of Chongli Railway entered the final sprint stage.

　　The reporter learned from Beijing Railway Bureau that on the 11th, the tunnel with the longest mileage, the highest technical requirements and the most complicated working conditions of Chongli Railway — — Track laying of Zhengpantai Tunnel was officially completed. This marks that the track-laying project of Chongli Railway has entered the sprint stage.

　　Shanxi launched an accountability investigation on "copying" the environmental protection rectification plan

　　According to the deployment requirements of the Shanxi Provincial Party Committee, the Supervision Committee of the Shanxi Provincial Commission for Discipline Inspection conducted interviews with responsible comrades of Taiyuan City, Yuci District of Jinzhong City, Quwo County of Linfen City and Changzhi Energy Bureau on the problems of copying and falsifying the rectification plans of some localities and units pointed out by the Second Central Ecological Environmental Protection Inspector Group "Looking Back", and initiated an accountability investigation mechanism.

　　Employment certification materials become the conditions for issuing certificates? The Ministry of Education emphasizes "four prohibitions" in colleges and universities.

　　At present, it is the peak period for graduates to sign employment contracts. The media found that there are still some colleges and universities that require all graduates to sign employment agreements or provide employment certificates, suggesting that employment certificates will be used as a condition for thesis defense or certificate issuance, which seriously damages the rights and interests of graduates and causes adverse social impact. In this regard, the Ministry of Education recently issued a notice, emphasizing that it is not allowed to link the issuance of graduation certificates and degree certificates with the signing of graduates. In the "Notice", the Ministry of Education made it clear that colleges and universities should strictly implement the "four no’s" regulations, and it is not allowed to force graduates to sign employment agreements and labor contracts in any way, and it is not allowed to link the issuance of graduation certificates and degree certificates with the signing of graduates. It is not allowed to persuade graduates to sign false employment agreements on the grounds of household registration custody, and it is not allowed to use graduates’ internship and trainee certification materials as employment certification materials.

　　[international]

　　Sharp differences? The talks between Russian and Japanese foreign ministers are controversial on this issue.

　　Russian Foreign Minister Lavrov held talks with visiting Japanese Foreign Minister Tarō Kōno. Russian Foreign Minister Lavrov said that there are still huge differences between Russia and Japan on the issue of signing a peace treaty. The talks are the third round of talks between Russia and Japan on the issue of signing a peace treaty this year. The two sides held talks for two and a half hours. At the press conference after the talks, Tarō Kōno said that the two sides failed to resolve their differences on the peace treaty.

　　Venezuelan government arrested vice-president of parliament, and Supreme Court ruled that zambrano was deprived of his freedom.

　　On the 10th local time, the Supreme Court of Venezuela ruled that zambrano was deprived of his freedom, following the arrest of zambrano, the first vice-chairman of the Venezuelan Parliament and an important member of the opposition party, for his involvement in the attempted military coup. Zambrano is the first vice-chairman of the Venezuelan opposition-controlled parliament and the main speaker of the parliament, and also the vice-chairman of the main opposition party "Democratic Action Party". On the 7th, the Venezuelan Constituent Assembly decided to cancel the judicial immunity of seven opposition party members who participated in the attempted military coup, including zambrano. The Supreme Court of Venezuela previously ruled that the actions of the seven opposition party members were suspected of "treason, usurpation of power, sedition and conspiracy to commit crimes" and demanded judicial action against them.

　　Nearly 180 countries from all over the world gathered in Geneva, and the proposal of new rules for trade in waste plastic products was passed.

　　In the past two weeks, government officials from nearly 180 countries gathered in Geneva to discuss how to better deal with the global trade of recyclable and recycled waste plastic products. More standardized global trade rules for waste plastic products are being formulated. At 6 pm local time on the 10th, a proposal on trade rules of waste plastic products initiated by Norway was finally passed.

　　"Ghost Town" Chernobyl: The First 3D Radiation Dose Mapping of Multiple Animals Returning

　　A team of British experts conducted a two-week radiation test at the Chernobyl nuclear power plant and its surrounding areas. They installed a customized radiation detector on the drone to draw a 3D radiation dose map in this area. The researchers launched a total of 50 drones, starting from a small village 13 kilometers away from the radiation center and flying deep into the core polluted areas including the "Red Forest". The flying height of this UAV is between 45 meters and 60 meters, the flying speed is about 65 kilometers per hour, the shortest distance from the power station is only 500 meters, and the radiation dose drawing range reaches 15 square kilometers. Although after 33 years, humans can’t go here as a regular scenic spot at will, but some animals are beginning to return gradually. Wild horses, wolves, elk, brown bears and more than 200 kinds of birds have appeared in the restricted area.

　　A large-scale riot occurred in a prison in Indonesia, and more than 100 prisoners escaped.

　　On the morning of the 11th local time, riots broke out in a prison in Siak District, Sumatra Island, and a fire broke out in the guard center, so the prisoners took the opportunity to break the door and flee. Local police said that 115 people have been arrested through large-scale raids, but dozens of people are still at large. At present, Indonesian police continue to search for other fugitives with the assistance of the army and surrounding communities. There are nearly 650 people in this prison. There are reasons for the riots. According to the police, the guards beat several prisoners who used methamphetamine that day, and then the riots got out of hand. Up to now, three detainees have been stabbed and one policeman was shot in the riot.

　　Society

　　The female "Lao Lai" watched the Reunion 4 and basked in the movie ticket in Tik Tok, which was taken away by the judge on the spot.

　　The woman Wang was included in the list of untrustworthy executors by Zhejiang Ninghai Court because she owed more than 100,000 yuan, but she played hide-and-seek with the judge. Recently, Wang’s creditor found that Wang had exposed a ticket stub of Fulian 4 movie on Tik Tok, which provided her own position information in real time and accurately, and then provided it to the executive judge. After only 30 minutes, the executive judge took Wang, who was enjoying the special effects blockbuster, away from the cinema. Because of refusing to fulfill the repayment obligation, the court made a decision to impose a 15-day judicial custody on the executed person Wang.

　　An explosion occurred in a hotel in Taiyuan, Shanxi, and 11 people were injured and sent to hospital.

　　On the morning of May 11th, an explosion occurred in a hotel on Qianfeng South Road, Wanbailin District, Taiyuan City, Shanxi Province. The reporter learned from the emergency department of Taiyuan City that 11 people were injured in the accident and all of them were sent to Wanbailin District Central Hospital for treatment. At present, the injuries are not serious. The cause of the accident is under investigation.

　　Five people died in a fire in a rented house in Guilin, and the investigation found that it was caused by an electrical fault of an electric vehicle.

　　At 9: 00 am on May 11th, the reporter learned from the Propaganda Department of Yanshan District of Guilin that on May 5th, a fire broke out in a rented house built by a villager in Xilong Village, Yanshan Town, Yanshan District of Guilin City. According to the investigation by the fire department, the fire time was 6: 39 on May 5, 2019; The cause of the fire was the electrical failure of the electric bicycle in the north hall on the first floor of Liu’s private house in Xilong Village, Yanshan Town, Yanshan District, Guilin City. Five people were killed, six were seriously injured and 32 were slightly injured in the fire. The fire area was about 28 square meters.

　　Wonderful! Women’s online shopping for 18 clothes will be returned after the photos are aired.

　　Recently, a woman used the 7-day no-reason-to-return service rule to wear brand-name new clothes every day, and then applied for a return, which made a lot of noise on the Internet. The vast majority of netizens believe that the girl’s move is not appropriate.

　　A child in a kindergarten in Maanshan City was stabbed and the suspect was controlled.

　　On May 11th, Weibo, the public security bureau of Maanshan City, Anhui Province, reported that at about 17: 00 on May 8th, the command center of the bureau received an alarm from the parents of students in Wan Jia Kindergarten in the East, saying that a suspected needle eye was found in the child. The bureau immediately arranged for the police to rush to the scene for disposal, and quickly set up a special work class composed of criminal investigation, forensic medicine, legal system and other departments to fully carry out the investigation. Bring the teachers and nurses of the involved classes to the public security organs for questioning, arrange for the children to be taken to the hospital by their parents for examination, learn about the situation from the children and their parents, and extract and fix the surveillance video and on-site physical evidence. At present, the public security organs have filed a case for investigation. Except for one person who was suspended for investigation by the public security organs because of pregnancy, three suspects have been criminally compulsory by the public security organs, and three people have been dismissed from kindergartens.

　　The woman fled abroad after defrauding tens of millions of yuan, taking a short video to expose her whereabouts.

　　From 2016 to 2018, criminal gangs headed by Zhang illegally absorbed more than 14 million yuan of public deposits in Baiyun District of Guiyang City, and nearly 200 people were injured. After the incident, the remaining suspects were arrested one after another, and Zhang has been missing. In March this year, a short self-portrait video posted by Zhang on Tik Tok attracted the attention of the police. In the video, Zhang was arrogant and claimed that "people all over the world are looking for me". It was identified that Zhang should be in Little mongla, Myanmar. With the assistance of the Myanmar police, Zhang has been arrested and handed over to our public security organs.

　　[face]

　　[Putin] participated in the ice hockey exhibition and scored 10 goals to lead the team to win the championship.

　　Russian President Vladimir Putin participated in the exhibition match of the 8th All-Russian Night Ice Hockey League held in Sochi, in which one scored 10 goals and led the team to win the championship. It is understood that after every Victory Day military parade in Russia, Putin will visit the Ice Hockey Festival and enjoy playing ice hockey with government officials.

　　[Merkel] Better implementation of the Belt and Road Initiative can be discussed through the case of Hamburg Port.

　　German Chancellor Angela Merkel recently said that the Belt and Road Initiative is a "good idea". Hamburg Port is one of the nodes along the Belt and Road, and China plays a prominent role in the transshipment business of this port. Through the case of Hamburg, we can explore how to implement the "Belt and Road Initiative" in the best way.

　　[Zhou Jian] Deaf and deaf takeaway brother flies to save the old man who fell into the water.

　　Near Wenfeng Bridge in Huizhou District, Huangshan City, Anhui Province, an old man fell from the bridge into the river. At a critical moment, a takeaway brother ran to the dam and jumped into the river at a speed of 100 meters, struggling to drag him to the bank of the river, and with the help of other enthusiastic citizens, he successfully rescued the old man. When registering at the police station, I found out that this takeaway brother is actually a deaf-mute and has a special identity. He is an excellent disabled athlete and has won many gold medals in swimming competitions. His name is Zhou Jian, and he is a post-95 generation. He loves swimming and martial arts since he was a child and has a good physical quality.

　　See you at 8 o’clock tomorrow!

　　Editor: Zhao Jin

The business review of the 2022 annual board of directors of Kede CNC is as follows:

　　I. Discussion and analysis of business conditions

In 2022, the company around the annual business objectives, relying on the advantages of the whole industrial chain and product technology, continued to strive to open up the market, increase production capacity, break through the influence of various unfavorable factors, and maintained a good momentum of steady growth. The income from main business, net profit after deducting non-recurring gains and losses, new orders and output all increased rapidly. The net profit attributable to owners of the parent company decreased slightly year-on-year due to the higher government subsidies included in non-recurring income in the same period of last year.

(a) the main business situation

In 2022, the company’s operating income was 315 million yuan, a year-on-year increase of 24.39%; The net profit attributable to shareholders of listed companies was 60,453,800 yuan, a decrease of 17.04% compared with the same period of last year. The main reason for the decrease in net profit was the high amount of government subsidies included in the current non-recurring gains in 2021, which had a great impact on the current net profit growth (specifically, the impact of non-recurring gains and losses on net profit in 2022 was about 22,264,600 yuan, and the impact of non-recurring gains and losses on net profit in 2021 was about 22,264,600 yuan). The net profit after deducting non-recurring gains and losses was 38,189,100 yuan, a year-on-year increase of 45.12%; Gross profit margin of main business is 42.40%; The output of the whole machine was 230 units, up 45.57% year-on-year; During the reporting period, new orders increased by 30% year-on-year.

(2) New breakthroughs have been made in market expansion.

The company insists on import substitution as the core, and on the basis of deepening cooperation with original customers and deepening and strengthening the aerospace field, it strives to open up new fields, new customers and other industrial fields. In 2022, the company made new progress in overseas orders, new energy vehicles, energy, knives, machinery and equipment.

1. Breakthrough growth was achieved in overseas market sales.

In 2022, the company expanded overseas sales channels, opened European and Asian markets, and exported five-axis CNC machine tools, and the export orders increased rapidly. In 2022, the company’s export order products include five-axis vertical machining center, five-axis horizontal machining center, five-axis horizontal milling and turning compound machining center and many other products.

2. Vigorously promote the expansion of new customers.

In 2022, the company actively explored new customers in various fields, and made new progress in energy, tools, automobiles and other fields in addition to adding many new customers in typical military and military supporting fields.

The automobile field is an important downstream industry of machine tools, which is closely related to the machine tool industry. With the rising situation of new energy vehicles, the machine tool industry will usher in new opportunities. Through the comprehensive distribution and direct sales, the company has effectively expanded many customers in the automotive field. Business expansion has been achieved in the processing fields of new energy vehicles such as battery motor housings, bogies, front and rear axles and transmission housings.

The upgrading and transformation of the energy field provides further application potential for five-axis machine tools, such as the processing of core components such as compressors, pumps and gears in wind power and water conservancy industries, and the processing of shaft components related to high-pressure injection in oil production wells. The company has expanded high-quality customers in the energy field in many regions of China and reached a long-term cooperative partnership.

Tool industry is the basic industry in machinery manufacturing industry and major technical fields. Because the materials of CNC tools are generally cemented carbide, high-performance high-speed steel and superhard materials, grinding has become the mainstream processing technology of CNC tools. The company’s five-axis tool grinding center with high grinding rigidity and high stability can be used to process all kinds of cutters with high precision and complex shapes, such as milling cutters, drills, reamers and taps. In 2022, the company expanded many new partners in this field on the basis of strengthening cooperation with important partners in the original key tool field.

With the overall rapid development of domestic high-end manufacturing industry, the demand for five-axis CNC machine tools is increasing day by day, and there is a shortage of related professionals. By introducing high-end five-axis CNC machine tools and establishing training bases, domestic colleges and universities learn core technologies and cultivate professionals by combining systematic courses with practical experience. As a five-axis machine tool manufacturer with the whole industrial chain, the company has many years of cooperation experience with universities. During the reporting period, the company provided many universities with a variety of equipment, such as a five-axis vertical machining center and a horizontal milling and turning compound machining center, which helped to cultivate high-tech talents in the field of numerical control, helped universities to have a deeper understanding of five-axis numerical control programming and system operation, as well as core technologies such as machine tool structure design, motorized spindle and direct-drive turntable. At the same time, the operation training of five-axis CNC machine tools of Kede CNC brand was advanced to universities, which was the brand.

3. Continue to deepen the cooperation with existing customers.

During the reporting period, the company continued to deepen its cooperation with its original customers, and constantly improved its personalized service level and solution ability, which was recognized by more customers. In 2022, the repurchase rate of high-end CNC machine tools added by the company was about 40%.

4. New products continue to be favored by the market.

During the reporting period, the company launched four new products: KTM120 five-axis horizontal boring and milling machine compound machining center, Dechuang series KCX1200TM five-axis horizontal milling machine compound machining center, Dechuang series DMC50 five-axis vertical machining center and KBTG1000 high-speed blade tip grinding machining center.

KTM120 Five-axis Linkage Horizontal Boring and Milling Machine Compound Machining Center marked the Austrian WFL products, and the sales unit price was high. As soon as it was launched, it reached a cooperation with an aircraft landing gear manufacturer to achieve sales. Aircraft landing gear is one of the most difficult parts in the aviation field, and the same type of processing equipment in China depends on imports. This product will have a broader market space in the field of large aircraft in the future. Dechuang series KCX1200TM five-axis horizontal milling compound machining center can meet the processing needs of parts in medical, new energy vehicles, molds, wind power, aerospace and other industries. The first product is to sign a sales contract with a company in the field of nuclear equipment, which is used for processing parts such as opening and closing nuts of nuclear equipment. Dechuang series DMC50 five-axis vertical machining center is suitable for high-efficiency and high-precision machining of parts in aerospace, cutting tools, precision molds, medical devices, new energy vehicles and other industries. KBTG1000 high-speed blade tip grinding center, this product is mainly used for grinding the rotor blade tips of aero-engines and marine engines, focusing on the requirements of efficient and high-precision automatic machining of integral impellers and bladed disks (axial flow) of aero-engines.

As of the publication date of this report, all the above new products have formed batch orders in aviation, aerospace, nuclear power of warships, automobiles and overseas markets.

(3) R&D projects and technological achievements

During the reporting period, the company continued to invest in research and development, with a total investment of 114,378,100 yuan, accounting for 36.26% of the operating income. The company has hosted or participated in 7 national-level projects, and received 41.32 million yuan from the central government, 1 provincial-level project, and 600,000 yuan from the central government to guide local scientific and technological development. The new project involves the development of high-speed bridge five-axis gantry machining center, five-axis horizontal milling compound machining center and other equipment, as well as the performance improvement and engineering application verification of key functional components such as turntable, swing head and motorized spindle.

The advantages of the company are comprehensive product layout, high degree of self-control and continuous innovation. During the reporting period, the company completed the development of four new products and put them on the market, including KTM120 five-axis horizontal boring and milling machine compound machining center, Dechuang series KCX1200TM five-axis horizontal milling machine compound machining center, Dechuang series DMC50 five-axis vertical machining center, KBTG1000 high-speed blade tip grinding machining center, in which the high-speed blade tip grinding machining center is a new special machine based on the original four general models and two special models.

During the reporting period, the company added 55 authorized patents, including 7 international invention patents and 6 domestic invention patents. By December 31st, 2022, the company and its holding subsidiaries had 251 authorized patents, including 93 domestic invention patents, 13 international invention patents, 139 utility model patents and 6 design patents. There are 60 software copyrights and 3 works copyrights. The company has participated in the formulation of 24 national standards and 10 industry and group standards.

(IV) Production capacity construction progressed smoothly.

During the reporting period, with the company’s self-made five-axis machining center and the introduction of horizontal plus flexible manufacturing line, gantry production line, horizontal machining center and gantry machining center, the machining ability of functional parts was further improved. The whole machine production capacity of the company has steadily increased. In 2022, the whole machine production reached 230 sets (including multi-model and multi-specification products such as five-axis vertical machining center, horizontal machining center, gantry machining center, horizontal milling and turning compound machining center and five-axis tool grinding center), with a year-on-year increase of 45.57%.

(V) Financing situation

During the reporting period, the company initiated and completed the issuance of RMB ordinary shares (A shares) to specific targets in 2022, with 2,457,757 non-public shares, which were issued to National Manufacturing Transformation and Upgrading Fund Co., Ltd. and Guotai Junan Securities Co., Ltd., raising a total of RMB 159,999,980.70, and the newly added shares were registered and settled in China Securities on July 29, 2022.

This issuance has injected capital into the company to realize the rapid development and expanded application of domestic high-end equipment, and further accelerate the construction of production capacity, which will help to provide more "Made in China" high-end equipment for aviation, aerospace, military industry, energy, automobiles, knives and many other fields.

II. Description of the main business, business model, industry situation and research and development of the company during the reporting period:

(a) the main business, main products or services.

1. Main business

The company has always been committed to the technical breakthrough, design innovation, fine manufacturing and standard formulation of five-axis CNC machine tools, high-grade CNC systems and key functional components, and has formed the core technology with independent intellectual property rights, which has the ability to achieve the company’s important established strategic goal of "import substitution". The company’s main business is five-axis CNC machine tools, high-grade CNC systems, key functional components and flexible automation production lines. The company’s main products include serialized five-axis vertical (including turning milling), five-axis horizontal (including turning milling), five-axis horizontal milling compound, five-axis gantry four general machining centers, five-axis tool grinding, five-axis blade grinding center and high-speed blade grinding center, as well as high-end CNC systems serving high-end CNC machine tools, servo drives, serialized motors, serialized sensing products, motorized spindles, milling heads, turntables and other key functional components.

On the basis of comprehensive product layout, in addition to the high-end KD series built for the military field, the company has developed a cost-effective Dechuang series for the processing requirements of the civil field to meet the needs of diversified customers. At the same time, the company provides flexible automatic production line business, that is, taking high-end CNC machine tools as the core, integrating fixture and tool scheme, matching with automatic logistics system, warehousing system, etc., relying on computer control and combining various production modes, flexible and automatic production of various products can be realized. It has the characteristics of high equipment utilization rate, strong product adaptability, high product quality and high production efficiency.

For a long time, China’s high-end five-axis CNC machine tools have relied heavily on imports. The main reason is that its development needs first-class precision machine tool design and manufacturing technology, and it can only be realized by close cooperation with cutting-edge CNC technology. It is extremely difficult to develop core technologies and form industrialization capabilities. Different from traditional CNC machine tools, the company’s five-axis CNC machine tools have the advantage of supporting the machining ability of complex spatial features, making it easier to realize multi-process compound machining and having higher machining efficiency and accuracy. Through years of technical research and accumulation, the company has formed core technical capabilities such as high-grade CNC system technology, universal and special five-axis CNC machine tool technology, direct-drive functional parts technology, high-performance servo drive system technology, high-performance sensing and detection technology, high-performance high/low-speed torque motor technology and high-performance motorized spindle motor technology.

The company’s five-axis CNC machine tool products mainly serve the processing and manufacturing of complex and precise parts in the fields of aviation, aerospace, military industry and so on, and are the necessary way to process turbine machinery parts such as impellers, bladed disks and blades. In addition, there are many successful cases in civil industries such as core parts of power generation equipment, cemented carbide tools, petroleum industry, precision molds, and automobile parts manufacturing. The CNC system and key functional components such as torque motor, spindle motor, servo motor, motorized spindle, laser interferometer, laser tool setting instrument, encoder, turntable, milling machine, etc. developed by the company belong to the core key components of high-end CNC machine tools, which directly determine the function, performance, reliability and profitability of high-end CNC machine tools. In recent years, high-grade CNC systems and key functional components have been sold separately.

Pre-sales technical service and after-sales maintenance service are also important competitive advantages of the company. Through pre-sales technical support, the company customizes a complete set of processing technology schemes, trial processing and turnkey projects for users to promote sales orders and establish stable, close and long-term cooperative relations with customers. The company’s after-sales service support benefits from the company’s high autonomy rate and localization advantage, which has faster response speed and lower service cost than the transnational after-sales service of international CNC machine tool enterprises. Pre-sales and after-sales personnel have mastered the most advanced market information, grasped the development trend of the industry, collected new directions, new processes and product improvement opinions and fed them back to the R&D system in time, forming a closed-loop control of the company’s product quality and realizing a benign iterative upgrade of the products. It is predicted that the supporting businesses such as pre-sales and after-sales services will also enter a period of rapid growth in the future, which can contribute more benefits to the company.

2. Main products and services

The company’s main products are high-end CNC system products with independent intellectual property rights and core technologies, high-end CNC machine tools and key functional components, which can realize the research and development and manufacturing of various types of products in high-end equipment manufacturing in aviation, aerospace, weapons and civil fields, with independent and controllable core technologies and strong "import substitution" ability.

(1) High-grade CNC system products

High-end CNC system is the control core of high-end CNC machine tools. Among them, GNC series high-end CNC system has achieved several iterations of GNC60/61/62, and GDU series servo driver has achieved several iterations of GDU/GDUA/GDUB/GDUC, reaching the same level of advanced foreign products. At the same time, the products are open and adaptable, which is an important core component of the company’s high-end CNC machine tools. The high-end CNC system independently developed by the company, because of its excellent design framework and rich functions, provides strong support for the application of various types of high-end CNC machine tools and the development of new products. The ability to independently develop high-end CNC systems is also an important strategic layout direction of many foreign high-end CNC machine tool development enterprises.

(2) High-end CNC machine tools

The company’s high-end CNC machine tools include four general machining centers (five-axis vertical, five-axis horizontal, five-axis horizontal milling and turning compound, five-axis gantry machining center) and three special machining centers (five-axis tool grinding center, five-axis blade machine and high-speed blade tip grinding center), totaling seven series of machining center products. In terms of product layout, there are both high-end KD series for the military field and cost-effective Dechuang series for the civilian field. The product line covers most high-end CNC machine tools with processing types and sizes in the field of high-end CNC machine tools, and the performance of the products is basically the same as that of advanced foreign products, so it can meet the processing needs of multi-type and multi-size components in most high-end manufacturing industries such as aviation, aerospace, weapons, energy and automobiles.

(3) Key functional components

The company’s key functional parts products include serialized motors, serialized sensing products, motorized spindles, milling heads, turntables, etc. The key functional parts products have been fully applied to various types of high-end CNC machine tools products of the company. Thanks to a large amount of technical accumulation of independent research and development of key functional components, the adaptability and response speed of collaborative research and development between high-end CNC machine tool products and key functional components are obvious, which provides strong support for the company’s products to quickly respond to market demand, and can also serve aviation, aerospace, military industry, mechanical equipment, robots, automation and other fields as independent products.

(4) Flexible automatic production line

In order to meet users’ demand for high-quality development of manufacturing such as improving production efficiency, automation and flexibility, the company provides users with a complete solution of flexible automatic production line, which covers a complete turnkey production line including high-end machine tools, fixtures, cutters, process plans, logistics systems, storage systems and production control systems. The solution has a high localization rate and can be applied to aerospace, automobiles, mechanical processing and many other fields to realize the flexibility of parts from blank to finished products.

Schematic diagram of flexible automatic production line To sum up, the company’s main products have independent intellectual property rights and core technologies, and can realize the research and development and manufacturing of various types of products in high-end equipment manufacturing such as aviation and aerospace, from high-end CNC systems and key functional components to high-end CNC machine tools, with independent control and strong "import substitution" ability. The company’s main products are rich in specifications and comprehensive in layout, and have distinctive characteristics in the domestic high-end machine tool manufacturing field, forming a large number of successful cases of processing key parts of high-end equipment represented by "the jewel in the industrial crown" aero engines, which have been well received by users.

(II) Main business models

1. Purchasing mode

The company’s procurement mode mainly includes two links: procurement strategy formulation and supplier management. The company implements planned procurement according to the production and R&D plan. The specific mode is as follows:

(1) Multi-price comparison and bargaining: The company selects suppliers within the scope of the Qualified Suppliers List to conduct multi-price comparison and bargaining to ensure the highest cost performance and reasonable procurement cost of purchased materials. By strengthening the continuous tracking and in-depth analysis of the main raw material markets such as metal and nonmetal materials, parts and products, electronic components, etc., the company makes purchasing plans according to the production and R&D plans, and adjusts the purchasing scale during the peak and trough periods, so as to minimize the possible adverse impact of raw material price fluctuations.

(2) Centralized procurement and strategic cooperation: for products with long delivery cycle, the company adopts a centralized procurement strategy, and the procurement of such materials is the responsibility of the company’s materials department; For important suppliers, the company adopts strategic cooperation to ensure the timely supply and stable quality of main raw materials.

The main procurement process of the company’s raw materials is as follows:

2. Production mode

The company’s products are characterized by the customization function on the general platform, so as to meet the individual needs of different customers. Therefore, the company generally adopts the production mode of "fixing production by sales", based on the order contract, carries out product design and development according to the needs of users, formulates the process route, and organizes production in combination with the delivery plan and production capacity. For the standard components, based on market forecast and historical order trend in the same period, moderate pre-production will be carried out.

In terms of production organization, the company generally follows the principle of "fixing production by sales and keeping reasonable inventory of standard components", and according to the sales plan and actual sales situation, formulates the production plan and issues it to the production workshop to organize production. For highly customized products, because different users have different requirements on product configuration, performance, parameters, etc., the company will deliver the customized requirements to the R&D center for design and development. After both parties reach an agreement, they will sign a sales contract for stocking and production.

In terms of production operations: the production department strictly implements the process control requirements determined by the design department and the production technology center, and implements the production plan. The Quality Management Department sets up key control points according to product performance requirements and related processes, and formulates control items and target values, and supervises production operators to strictly implement process requirements and operation instructions.

The company entrusts some non-core processes and non-core parts to external units for processing and production, and the external processing expenses account for a low proportion of the current main cost. External processing price is mainly based on processing difficulty, processing cost and other factors, and is determined through price comparison and negotiation.

3. Sales model

At present, the company mainly focuses on direct sales, supplemented by distribution.

(1) Direct selling mode

First of all, the company combines its own technical characteristics and advantages, fully investigates the market demand, carries out user industry analysis, deepens the understanding of high-end user needs through cooperation with leading user enterprises and scientific research institutes, accurately defines products, cooperates with users to carry out process verification, rapidly iterates and accelerates product maturity, gradually forms application demonstrations, expands and forms excellent cases, expands good influence in target industries, forms influence radiation on leading enterprises and their supporting enterprises, and accelerates the formation of good user reputation in the market; Secondly, in recent years, the company has actively participated in various professional exhibitions at home and abroad, such as China International CNC Machine Tool Exhibition (CIMT), China CNC Machine Tool Exhibition (CCMT), China International Industry Fair (CIIF), Taiwan, China Machine Tool Exhibition (TMBA), Russian International Machine Tool Exhibition (METALLOOBRABOTKA), Chongqing Lijia Exhibition, Qingdao International Machine Tool Exhibition, CIE Industry Expo, Shenzhen Greater Bay Area Expo, etc., and concentrated on releasing new products and technologies and displaying a large number of application cases. At the same time, the company actively publishes papers or new product information in authoritative magazines in related industries to expand the company’s influence in the industry; And expand business through new media to enhance the company’s brand awareness.

At present, the direct selling market is divided into East China, North China, Northwest China, South China, Southwest China, Central China and Northeast China according to their market maturity, and each region has a regional sales director.

The direct selling model is supported by the pre-sales technical ability, and promotes sales by customizing a complete set of processing solutions and turnkey projects for users. Pre-sales technology department makes process plan and sample trial production for users, and the company’s process technology output ability greatly enhances customer stickiness and promotes the completion of documents. In addition to effectively promoting sales, we also have the most advanced market information, truly understand the needs of users, grasp the development trend, new direction and new technology of the industry, and give timely feedback to the company’s R&D system, so as to promote product technology upgrading.

At the same time, the company established a training system to serve users through multi-channel training mode, which solved the phenomenon of "five-axis technology is difficult to get started" and "high-grade machine tools are not used well".

The company’s pre-sales technical service model is the core competitiveness of the company’s sales, which has obvious advantages compared with foreign manufacturers in the domestic market.

(2) Distribution mode

At present, the company’s distribution mode is mainly based on reporting projects and buyout mode. The distributor’s main role is to obtain users’ needs and report the project to the company’s sales department; After obtaining the information, coordinate the pre-sales support personnel to follow up the project and carry out scheme design, trial processing and other links; Authorized dealers to bid, and the company provides technical support; Companies sign contracts with distributors, and distributors sign contracts with end users. The company gives priority to the dealers who have the sales experience of well-known foreign five-axis machine tool brands and are proficient in the user’s industry technology.

The main sales processes of the company’s main products are as follows:

4. R&D mode

The company has a sound research and development system to support the company’s overall product research and development and product life cycle management. At the whole company level, research institutes, design institutes, production technology departments, marketing departments, materials departments, production and quality departments constitute a complete product development process. The marketing department put forward the product development demand, and the research institute and design institute completed the project establishment, product R&D design, process development and opened up the trial production and testing process of products. The production and quality departments are involved in the technical preparation of new product production from the process development stage to ensure that the production technical data of products are smoothly transferred to the production system. The materials department cooperates with product development and is responsible for the procurement of various raw materials and equipment.

The company’s new product development project management is divided into four stages: project establishment, design, trial production and project completion. After the product is mass-produced, the R&D department will also assist the production department to continuously improve the mass-produced products.

The company formulates control procedures for new product design and development, clearly defines the process of new product development and design management, and defines the work processes such as project initiation stage, design stage, trial production stage and project completion stage. Process monitoring is accompanied by the whole process to ensure project management progress and work quality, effectively control research and development costs, ensure that products can meet the project objectives and relevant requirements of customers, and at the same time ensure that products meet the requirements of environmental and occupational health and safety management systems and the provisions of relevant laws and regulations.

(3) the industry situation

1. The development stage, basic characteristics and main technical threshold of the industry.

The company is a high-tech enterprise engaged in the design, research and development, production, sales and service of five-axis CNC machine tools and their key functional components, and high-end CNC systems. It is one of the few innovative enterprises in China that independently master high-end CNC systems and high-end CNC machine tools. According to the National Economic Industry Classification (GB/T4754-2017), the company’s industry is "C342 Metal Processing Machinery Manufacturing"; According to the Guiding Catalogue of Key Products and Services of Strategic Emerging Industries (revised in 2016), the company’s main products conform to "2.1 Intelligent Manufacturing Equipment Industry 2.1.4 Intelligent Processing Equipment" in the catalogue.

Five-axis CNC machine tool is a kind of machine tool with high technology content and high precision, which is specially used for machining complex curved surfaces. It has the advantages of wide application range, fine machining quality and high working efficiency, and is considered to be the most important machining tool for machining key components in aerospace, shipbuilding, precision instruments, power generation and other industries. According to the data released by QYResearch, the global five-axis CNC machine tool market sales will reach US$ 6.755 billion in 2020, and will increase year by year thereafter. It is estimated that it will reach US$ 13.835 billion in 2027, with a compound growth rate of about 10.79% from 2020 to 2027. In 2020, the domestic five-axis CNC machine tool market will be 665 million US dollars, accounting for 9.85% of the global market, and it is expected to reach 1.589 billion US dollars by 2027, when its share in the global market will reach 11.49%, with a compound growth rate of 13.25% from 2020 to 2027, which is higher than the global market.

The development of five-axis CNC machine tools needs strong precision machine tool design and manufacturing technology, and it can only be realized by close cooperation with cutting-edge CNC technology, so it is extremely difficult to develop and industrialize products. The development of five-axis CNC machine tools in China started late. At present, there are few domestic enterprises that can independently develop and produce, and the supply of domestic products is difficult to meet the domestic market demand. The domestic market is mainly occupied by multinational companies with hundreds of years of machine tool production experience in developed industrial countries such as Germany, Japan and the United States. However, in recent years, a number of five-axis CNC machine tool enterprises, including companies, have emerged in China, and their products have gradually been recognized by the market, gradually forming an import substitution trend.

2. Analysis of the industry position of the company and its changes.

The company is one of the few innovative enterprises in China with dual R&D systems for high-end CNC systems and high-end CNC machine tools. Through years of continuous R&D and innovation, it has formed the product layout of high-end CNC system products, high-end CNC machine tools and key functional components with independent intellectual property rights and core technologies. It can realize the R&D and manufacturing of various types of products in aviation, aerospace and other high-end equipment manufacturing, with independent and controllable core technologies and strong "import substitution" ability. The company’s main products are rich in specifications and comprehensive in layout, and have distinctive characteristics in the domestic high-end machine tool manufacturing field.

On the one hand, international advanced high-end machine tool enterprises, such as Haas, Otaru, Madzak, Fanuc, Demaji, and Fidia, have continuously extended their own technology chains and industrial chains, adopted personalized numerical control systems and some key functional components independently developed, and some enterprises have also sold them to the outside world. This business model not only ensures the safety and controllability of products, but also has higher market core competitiveness. The development model of the whole industrial chain, the whole talent chain and the whole technology chain established by the company can promote the continuous iterative improvement of the company’s own product technology and lay a solid foundation for the company’s products to benchmark international advanced products. At the same time, it can guarantee the technical safety of the company’s own products and the safety of the national high-end equipment industry, and make contributions to solving some "stuck neck" problems in the field of high-end equipment.

On the other hand, the localization rate of domestic high-end machine tools is less than 10%, and there is huge room for import substitution. However, the number of domestic enterprises engaged in high-end machine tools and their production and sales volume are still far from those of developed countries, and high-end CNC systems and key functional components are still mainly imported. With the rapid development of domestic high-end equipment, the demand for domestic CNC systems and key functional components is constantly increasing. The company can provide domestic enterprises with mature high-end CNC systems and key functional components, and at the same time meet all kinds of customization needs. The company can form strategic cooperation with domestic machine tool manufacturers, provide high-quality domestic CNC systems and key functional components solutions for domestic equipment, break foreign technology monopoly and promote innovation and promotion of domestic machine tool industry.

The company has presided over or undertaken 29 major national science and technology projects and 17 other national and local R&D projects. The company has participated in the formulation of 24 national standards and 10 industry and group standards. Authorized 93 domestic invention patents and 13 international invention patents. The five-axis CNC machine tools, high-grade CNC systems and key functional components independently developed by the company are the first sets in China, which have played a leading role in the breakthrough of CNC core technology in the field of high-end CNC machine tools in China and played a core role in realizing the strategic goal of "import substitution" of the company.

According to the data of China Machine Tool Industry Yearbook in 2021, there are 45 enterprises producing machining center products in the annual report of China machine tool industry in 2020, including Jinan No.2 Machine Tool, Shenyang Machine Tool, () and other large domestic state-owned enterprises and comparable listed companies (), Haitian Seiko, Guosheng Zhike, etc. The counted enterprises basically cover most domestic key and large machining center manufacturing enterprises in the industry.

From the perspective of the sales volume of the association statistics, the proportion of five-axis vertical machining centers sold by the company in 2020 is 13.62%; From the perspective of sales amount, the proportion of five-axis vertical machining centers sold by the company is 22.24%. No matter from the perspective of sales volume or sales amount, the market share of the five-axis vertical machining center sold by the company is at a high level.

3. The development of new technologies, (), new formats and new models during the reporting period and the future development trend.

According to Foresight Industry Research Institute’s Report on Market Demand Forecast and Investment Strategic Planning of CNC Machine Tool Industry in China, it is predicted that the market scale of CNC machine tools in China will grow steadily and rapidly in the future, reaching 572.8 billion yuan by 2024.

Forecast of China CNC Machine Tool Market Scale from 2019 to 2024

1) The promotion and popularization of new technology-five-axis linkage machining technology is the future development direction of the industry.

It is necessary to process complex curved surfaces in industry. Many key parts in ships, airplanes, rockets, satellites and spaceships have certain particularities and processing difficulties, which cannot be met by traditional processing methods. Only by using five-axis linkage, high-speed and high-precision CNC machine tools can the processing requirements be met.

With the trend of automobile lightweight, the traditional parts composed of multiple parts are integrated into a single part, and the processing characteristics of parts are changed from plane to space. At present, the major international suppliers of automobile parts processing equipment, including rabo, Madzak and Demaji, use a large number of five-axis machine tools to set up production lines.

2) New format-demand transformation from single machine tool that only completes a single process to flexible manufacturing unit that completes multiple processes.

Flexible manufacturing unit (FMU) is a manufacturing unit composed of single or multiple five-axis machining centers or compound machining centers and small automatic logistics devices to meet the requirements of efficient processing of multi-variety and small batch parts.

With the intensification of competition and rising costs of downstream production enterprises, especially the sharp rise of labor production costs and the increasingly frequent shortage of labor, more unmanned or less humanized manufacturing systems have begun to appear, and downstream customers’ demand for flexible manufacturing units that respond quickly to the processing market with multiple varieties and small batches will rise. Flexible manufacturing unit will appear as a complete set of equipment of "CNC machine tool+small logistics device (industrial robot, automatic pallet library, truss manipulator, etc.)", which will solve the pain point of the sharp rise of labor production cost in time and realize unmanned or less people.

3) New mode-from single product sales to intelligent manufacturing system integration scheme.

For a long time, most CNC machine tool enterprises in China only focus on producing machine tool products in a certain field, and do not have the ability to provide solutions for automated production lines. In recent years, downstream enterprises have put forward new demands for machine tool suppliers, and tend to cooperate with suppliers who have complete equipment production capacity, provide complete solutions or undertake more complex engineering general contracting projects and automation system transformation capabilities. Intelligent manufacturing system integrators with "turnkey" engineering capability of automated, flexible and intelligent production lines will be able to meet customers’ personalized, customized and differentiated production needs, thus improving customer stickiness. In addition, the encouragement of national and local policies for the construction of automated production lines in manufacturing industry will certainly promote the transformation of intelligent manufacturing equipment suppliers into intelligent manufacturing system integration solution providers.

(IV) Core technologies and R&D progress

1. Core technologies and their advanced features and changes during the reporting period.

The company has mastered the core technology of independent research and development of the main products, five-axis CNC machine tools, high-grade CNC systems and key functional components. Relying on the complete talent chain, technology chain and industrial chain, under the support of continuous high-intensity independent innovation, a number of key core technologies leading domestically and advanced internationally have been formed and mastered. It mainly includes high-grade CNC system technology, universal five-axis CNC machine tool technology, special five-axis CNC machine tool technology, direct-drive functional component technology, high-performance servo drive system technology, high-performance sensing and detection technology, high-performance low-speed torque motor technology, high-performance high-speed torque motor technology, high-performance motorized spindle motor technology, etc., which realizes the effective transformation of technical achievements. The function, control accuracy and processing efficiency of the product have reached the international advanced level. Mastering independent and controllable core technologies has played a core role in the company’s strategic goal of "import substitution".

During the reporting period, on the basis of the original four general technology platforms and two special technology platforms, the company continued to deepen research and development. In order to promote the high-speed and high-quality development of aviation industry, improve the performance of domestic aero-engines, and realize the machining of rotor blade tips of aero-engines by using domestic industrial parent machines, the company successfully launched the technical platform of high-speed blade tip grinding center to form a special plane for high-speed blade tip grinding machining center. Focusing on the common models and high-end CNC system technology in the core technology field, the company has added 7 internationally authorized invention patents and 2 domestically authorized invention patents, mainly aiming at the technical iteration of five-axis horizontal machining center, five-axis turning milling center and GNC6X series CNC system.

Realize multi-directional improvement and promotion in basic common technology;

1. A breakthrough has been made in the installation process of super-high excess cone expansion sleeve for high-speed motor rotor applied to the motorized spindle of CNC machine tools, and the process verification has been successfully completed;

2. The torque motor used for the spindle of CNC machine tools is designed for lifting, and the torque coefficient of three models has been improved by 1.5-2 times, which can effectively reduce the power consumption of machine tools;

3. Further develop advanced measurement cycle function, additional function and adaptive processing detection function suitable for various models;

4. Upgrade the hardware platform of CNC system controller, greatly improve the system computing power and communication efficiency, and enrich the types of communication access;

5. Provide process support for special machine tools such as tip grinding, tooth scraping and multi-channel linkage, provide the process package of fine and excellent curved surface, improve the machining accuracy and efficiency of five axes, expand the access ability of peripheral equipment such as tool setting instrument, and enrich the shaft debugging function;

6. Develop a new generation of servo current loop software and hardware technology, which reduces the terminal control vibration and servo error, and then improves the surface processing quality of the workpiece;

7. In the position feedback link, the sine and cosine signal subdivision algorithm is upgraded, which effectively reduces the motor speed fluctuation and improves the spindle processing effect;

8. A new trajectory optimization and speed planning algorithm is designed to further improve the machining performance of high-speed and high-precision surfaces, meet the machining requirements of complex surfaces, give full play to the mechanical properties of machine tools, and finish the machining of complex surfaces with high efficiency and high quality.

The continuous optimization and improvement of core technologies have fully consolidated the company’s technological advantages and further enhanced the market competitiveness of products.

2. R&D achievements obtained during the reporting period

(1) Intellectual property rights acquired during the reporting period

By December 31st, 2022, the company and its holding subsidiaries had owned 251 patents, including 106 invention patents (including 13 international invention patents and 93 domestic invention patents), 139 utility model patents and 6 design patents, 60 computer software copyrights, 57 trademarks and 3 works copyrights. There are 226 patents under application, including 87 international invention patents, 132 domestic invention patents and 7 utility model patents.

During the reporting period, the company granted 55 new patents, including 7 international invention patents, 6 domestic invention patents and 42 utility model patents. There are 90 new patents, including 65 international invention patents, 18 domestic invention patents and 7 utility model patents.

(2) Awards won during the reporting period

In February 2022, the company’s independent and controllable platform-based high-grade horizontal five-axis machining center won the award of "2021′ Kechuang China’ list-key technology to break through shortcomings in equipment manufacturing field" issued by China Association for Science and Technology; In October 2022, the project "Development and Application of Serialized High Power Density, High Efficiency, High Performance and High Reliability Servo Drive Device" was selected by Dalian Science and Technology Bureau as the first prize of Dalian Science and Technology Progress Award in 2022; In October 2022, KMC600SU, a high-dynamic five-axis vertical machining center, was selected as "Top Ten Product Quality" by cmtba. In November 2022, the company was awarded the "Mechanical Industry Quality Award" by China Machinery Industry Quality Management Association; In November 2022, the company’s project "Key Technologies and Applications of Digital Workshop Interconnection Based on Information Model" was selected as the third prize of Science and Technology Progress Award by China Instrumentation Society; In November 2022, the company’s R&D team was awarded the title of "Excellent Innovation Team in Mechanical Industry" by China Machinery Industry Federation; In December 2022, the company was recognized as the provincial enterprise technology center in 2022 by the Liaoning Provincial Department of Industry and Information Technology.

(3) Research and development of new products during the reporting period

During the reporting period, on the basis of the original four general technical platforms and two special technical platforms, the company continued to deepen research and development, and successfully launched the third special technical platform-the high-speed blade tip grinding center technical platform. The equipment of high-speed blade tip grinding center has the characteristics of "high", "fine" and "sharp" in technical level compared with Spanish Danobate products. The introduction of this series of products will help to promote the high-speed and high-quality development of aviation industry, improve the performance of domestic aero-engines, realize the grinding of rotor blade tips of aero-engines and marine engines, and fill the domestic gap. At the same time, three new products were successfully developed and put on the market to achieve sales. Including KD series KTM120 five-axis horizontal boring and milling machine compound machining center, Dechuang series KCX1200TM five-axis horizontal milling machine compound machining center and Dechuang series DMC50 five-axis vertical machining center. New products quickly get market response and realize sales. For aviation, aerospace, weapons, energy, ships, automobiles, mechanical equipment, medical equipment and other industries, large-scale shaft and special-shaped rotary parts are processed efficiently. Typical customers are customers who process key parts such as aircraft landing gear, nuclear equipment and missile body.

3. Table of R&D Investment Reasons for the significant changes in the total R&D investment compared with the previous year

During the reporting period, R&D investment increased by 47.44% compared with the same period of last year, mainly because the company undertook more national R&D projects, and many projects entered the stage of high R&D investment during the reporting period.

4. Research projects

The situation shows that there is none.

5. R&D personnel

6. Other notes:

Iii. Analysis of core competitiveness during the reporting period

(A) analysis of core competitiveness

1, adhere to independent innovation, continuous technology accumulation

The company attaches great importance to the research and development of innovative technologies and adheres to the development strategy of independent and controllable core technologies. By December 31st, 2022, the company had 106 authorized invention patents (including 93 domestic invention patents and 13 international invention patents), 139 utility model patents, 6 design patents, 60 software copyrights, 57 trademarks and 3 works copyrights. He has undertaken 29 national science and technology major projects "High-grade CNC machine tools and basic manufacturing equipment" and 17 other national and local R&D projects; The company has participated in the formulation of 24 national standards and 10 industry and group standards. The core technologies and patents mastered by the company and the continuous improvement of independent innovation ability are one of the keys to the company’s core competitiveness.

During the reporting period, on the basis of the original four general technical platforms and two special technical platforms, the company continued to deepen research and development, and successfully launched the third special technical platform-the high-speed blade tip grinding center technical platform. The equipment of high-speed blade tip grinding center has the characteristics of "high", "fine" and "sharp" in technical level compared with Spanish Danobate products. The introduction of this series of products will help to promote the high-speed and high-quality development of aviation industry, improve the performance of domestic aero-engines, realize the grinding of rotor blade tips of aero-engines and marine engines, and fill the gaps in China. At the same time, the company introduced three new products, including KTM120 five-axis horizontal boring and milling machine compound machining center of KD series, KCX1200TM five-axis horizontal milling machine compound machining center of Dechuang series and DMC50 five-axis vertical machining center of Dechuang series. The continuous introduction and iteration of new products make the company maintain a strong market competitiveness.

2. The core key functional components are self-controllable, and high-end machine tools can be replaced by imports.

The company has a complete talent chain, technology chain and industrial chain. The autonomy rate of the main product five-axis CNC machine tools reaches 85%, and it has mastered the core key technologies of high-grade CNC systems, key functional components and the whole industrial chain of five-axis CNC machine tools. Products are widely used in aviation, aerospace, weapons, ships, automobiles, molds, energy, machinery and equipment, electronics and other industrial fields to achieve import substitution. The GNC series high-grade numerical control system independently developed by the company is benchmarked against Siemens 840D. The report issued by China Machine Tool Supervision and Monitoring Center shows that the GNC series high-grade numerical control system of Kede CNC can reach 95.85% of Siemens 840D in function. The company’s self-developed and self-made key functional components are comprehensive in product types and rich in specifications, including torque motors, spindle motors, servo motors, motorized spindles, turntables, milling heads, laser interferometers, laser tool alignment instruments, wireless probes, laser rulers, encoders and so on. Functional parts products have been matched with the company’s self-produced five-axis CNC machine tools in batches, and batch independent sales have been realized.

3. Double R&D system of high-end CNC system and high-end CNC machine tool, and more efficient iterative promotion.

The company is one of the few innovative enterprises with high-end CNC system and high-end CNC machine tool dual R&D system in China, and one of the few high-tech enterprises based on comprehensive and independent innovation technology system in China at present. It can plan and design machine tool structure, optimize machine tool configuration elements, and customize functional components and functional development for machine tool host according to user’s technological requirements. With the support of dual R&D system, the company’s five-axis CNC machine tools, its key functional components and high-grade CNC system have achieved rapid iterative improvement in function, performance and reliability from the market end to the R&D end.

4. Pre-sales technology and after-sales service have obvious advantages and provide professional solutions.

With the multi-disciplinary and multi-professional pre-sales technical team, the company can tailor a complete set of high-end manufacturing and processing solutions for users in aviation, aerospace, weapons, ships, automobiles, molds, energy, mechanical equipment, electronics and other industries, provide them with flexible and diverse five-axis CNC machine tools, open the functions of high-end CNC systems to customers to the greatest extent, support personalized configuration adjustment, and realize the optimal use of the company’s products. In the after-sales service stage, in view of the technical problems encountered by customers in actual processing and manufacturing, the company can provide quick response and cost-controlled after-sales solutions to meet customers’ multi-level needs. Efficient pre-sale, in-sale and after-sale market service ability is one of the important factors affecting the company’s market profitability.

5. Facing the future manufacturing development needs, provide a complete production line turnkey scheme.

Thanks to the high localization rate and autonomy rate, relying on the complete talent chain, technology chain and industrial chain foundation, combined with the application accumulation of deep cooperation among users in many fields, the company has the turnkey engineering ability of flexible production line, which can meet the personalized, customized and differentiated production needs of customers. Solve the downstream customers’ demand for multi-variety and small batch processing, solve the pain point of the sharp rise in labor production costs, and realize unmanned or less people. With the further accumulation and promotion of the company’s flexible production line business, it will provide complete domestic production line solutions for users in more fields in the future, reduce the difficulty of the transformation and upgrading of users’ manufacturing industry, help users quickly realize the transformation and upgrading of their manufacturing capabilities, and create higher profits for users.

6. In-depth cooperation among key users in many fields and application demonstration to promote market growth.

The company has established four general machining centers and three special machining center technology platforms, which can realize the rapid application verification of high-grade CNC systems and key functional components. At the same time, the company has established a cooperation mode of "co-innovation, co-promotion and co-benefit" with key enterprises in aviation, aerospace, automobile, cutting tools, energy, ships, weapons and other industries. With the support of the national science and technology major project "High-grade CNC machine tools and basic manufacturing equipment" and other platforms, the company’s products have been verified in the processing and manufacturing of key parts of key users in various fields, which not only realizes the rapid verification and upgrading of products, but also plays an application demonstration role in the user industry.

7. Innovative team advantages

In the process of independent innovation, the company has built and precipitated a multi-level, multi-disciplinary and multi-disciplinary team of innovative talents, and established an innovative technical team headed by general manager Chen Hu. At the end of the reporting period, there were 186 R&D teams, with professionals covering R&D, design, manufacturing, assembly, testing and other fields of high-end equipment at home and abroad. Chen Hu, the general manager, graduated from the Department of Precision Instruments and Mechanics in Tsinghua University with a doctorate degree. He served as the leader of the working group of the national fieldbus standard alliance for numerical control systems, enjoyed the special allowance of the State Council, and was selected as the young and middle-aged scientific and technological innovation leader in the "Ten Thousand Talents Program" of the Central Organization Department and the Ministry of Science and Technology. Dr. Chen Hu is a senior expert in China’s CNC system and CNC machine tool industry. He has been engaged in the research and development of high-end CNC systems and high-end CNC machine tools for a long time, and led the company’s technical team to conquer all kinds of high-end five-axis CNC machine tools and their key functional components and high-end CNC systems, and established a complete CNC technology chain and industry that attracted the attention of the industry.

8. Brand advantage

The company is a national high-tech enterprise, awarded the title of "Little Giant" by the Ministry of Industry and Information Technology, and recognized as the provincial enterprise technology center in 2022 by the Liaoning Provincial Department of Industry and Information Technology. High-end CNC machine tools have won the Chun Yan Prize in machine tool industry for many times, and the products of KMC800U five-axis linkage vertical machining center have entered the "Supply Catalogue of Domestic High-end CNC Machine Tools in Military Industry", and KMC600SU high-dynamic five-axis linkage vertical machining center has been selected as "Top Ten Product Quality" by cmtba. The project "Five-axis high-quality and high-efficiency precision machining complete process and manufacturing system for aerospace complex components and its demonstration application" won the first prize of scientific and technological progress in China machinery industry, and the project "Key technologies, standards and applications of open CNC system" won the first prize of scientific and technological progress in Liaoning province. The project "Development and application of serialized high power density, high efficiency, high performance and high reliability servo drive device" was selected by Dalian Science and Technology Bureau as the first prize of Dalian Science and Technology Award in 2022, and the project "Key technologies and applications of digital workshop interconnection based on information model" was awarded by China. The company’s products and services have won a good market reputation in key industries such as aviation, aerospace and weapons. The company has established a complete talent chain, technology chain and industrial chain, which has enabled the company to have stronger continuous innovation ability. The mode of "co-innovation, co-promotion and co-benefit" established by the company and users has enabled the company to have better market response ability.The company will continue to provide users with complete domestic high-end manufacturing solutions, constantly promote the application of high-end CNC systems and key functional components in other machine tool enterprises in the machine tool industry, and strive to build the company into a leading enterprise at home and abroad in the field of high-end manufacturing.

(II) Events that have seriously affected the core competitiveness of the company during the reporting period, impact analysis and countermeasures.

Fourth, risk factors

(A) Not yet profitable risk

(2) Risk of sharp decline in performance or loss

(C) core competitiveness risks

At present, the company’s main business products continue to be developed in aerospace, automobile, machinery, mold and other fields, and the demand for the company’s products varies in different fields. If the company can’t quickly adapt to the process differentiation demand in different fields, quickly carry out technical iterative upgrading, enrich the varieties of five-axis CNC machine tools, provide differentiated five-axis CNC machine tools that meet the processing needs in different fields, and provide users with the best processing scheme, it will face adverse effects such as the products can’t adapt to the new market demand, resulting in slower revenue growth.

(4) Operational risks

1, the risk of increased competition

For a long time, the domestic market of five-axis CNC machine tools with the highest technology content is mainly occupied by multinational companies with hundreds of years of machine tool production experience in developed industrial countries such as Germany, Japan and the United States. Domestic independent production capacity is concentrated in the low-end market, and there are very few China enterprises that can independently develop five-axis CNC machine tools.

In recent years, due to the realistic demand of China’s aerospace engine, marine propeller, heavy generator rotor and other strategic equipment industries for high-end CNC machine tools, the state has continuously increased its support for the high-end CNC machine tool industry, and the technical level of China’s high-end CNC machine tool industry has been continuously improved. The performance and function of five-axis CNC machine tools produced by a few excellent domestic manufacturers can meet the needs of import substitution. The gradual rise of high-end CNC machine tool manufacturers in China may attract the attention of competitors and intensify competition. Coupled with the rapid growth of China’s high-end CNC machine tool market and the increasing awareness of the importance of import substitution, it will attract more potential entrants. Therefore, the company faces the risk of intensified market competition.

2. The risk that large foreign-funded enterprises still occupy the main market share in high-end segments.

Most of the large foreign-funded enterprises in the industry are large enterprises integrating upstream functional components and CNC system production, whole machine manufacturing and product sales. Based on the accumulation of industrial countries in architecture design, processing technology, industrial scale and talent echelon for hundreds of years, the reliability and accuracy of its high-end industrial products have obvious advantages over China’s emerging technology enterprises. Therefore, in the field of five-axis CNC machine tools, CNC systems and key functional components with high technical difficulty, downstream users in China still mainly choose foreign advanced products under the condition of free import, resulting in the products of large foreign-funded enterprises still occupying the main market share in the segmentation field.

3. Risks of upstream raw material procurement

The key functional parts of the company are mainly produced independently, and the external procurement is mainly standard parts, but the parts such as guide rails, lead screws and bearings are still mainly purchased externally. In the future, if the international trade friction intensifies, technical protection is strengthened or the demand of competitors increases, the parts such as guide rails, lead screws and bearings will face the risk of sharp price increase or prolonged supply cycle, which will adversely affect the company’s production and operation.

(V) Financial risks

1. Risk of fluctuation of gross profit margin

During the reporting period, the company’s main users were the aerospace industry, and its customization requirements for high-end CNC machine tools were higher in terms of processing accuracy and processing efficiency, and its gross profit margin was relatively high. With the gradual acceleration of the company’s marketization process, the company’s products are expanding into many fields such as precision molds, automobiles, clean energy and construction machinery. Due to the differences in customized configuration of high-end CNC machine tools used by different industries and users, the gross profit margin of related products will also be different, and the change of downstream customer structure may make the overall gross profit margin of the company fluctuate. Moreover, in order to meet the downstream market demand, industry competitors are also investing in or increasing the research and development and production of five-axis CNC machine tools. If the market competition intensifies in the future, the national policy is adjusted or the company fails to maintain the leading position in products, and the selling price of products and the purchasing price of raw materials are adversely changed, the company’s gross profit margin is also at risk of decline.

2. The risk of bad debts caused by the increase in the balance of accounts receivable.

The company has made provision for bad debts for accounts receivable according to the accounting standards. The company’s accounts receivable scale increases with the growth of operating income. If the economic situation worsens or customers have major operational difficulties, the company will face the risk of difficulties in collecting accounts receivable.

(VI) Industry risks

As an important part of intelligent equipment manufacturing industry, high-grade CNC machine tools are strategic industries for national economic and social development. The state has issued a series of encouragement policies to support and promote the development of China’s high-end CNC machine tools and basic equipment manufacturing industry, and enhance industrial innovation ability and international competitiveness. With China’s military modernization and the transformation and upgrading of manufacturing industry, the demand for independent control of core technologies is increasingly urgent, and the country’s industrial policy continues to increase. If the support of relevant national industrial policies is weakened in the future, it will have a negative impact on the company’s development.

(VII) Macro-environmental risks

The company’s downstream customers are mainly military enterprises that process aero-engines and missile engines, as well as civil manufacturing enterprises in the fields of precision molds, automobiles, clean energy, domestic commercial aircraft and construction machinery. The development of industries where downstream customers are located is highly correlated with the macroeconomic cycle. The adjustment of macroeconomic policies and its periodic fluctuations will have a great impact on the structural upgrading of downstream industries, as well as the operating conditions of end customers, capital turnover speed and fixed assets investment decisions, thus affecting the demand for high-end CNC machine tools.

If the macroeconomic growth rate continues to decline in the future and the downstream industries are depressed for a long time, it may exceed the company’s ability to cope through customer structure adjustment and internal tapping, which will have a great adverse impact on the company’s operation for a period of time.

(8) Risks related to depositary receipts

(9) Other major risks.

V. Discussion and analysis of the company’s future development

(A) the industry pattern and trends

1. For a long time, domestic CNC machine tools have been in a situation of "low-end civil war, mid-end competition and high-end failure", and the high-end market has been occupied by foreign brands.

Developed countries and regions have a long history in the industry of advanced manufacturing equipment such as high-end CNC machine tools, and related enterprises have accumulated advantages in technology, brand and capital, and have the first-Mover advantage, occupying the high-end market. The domestic market of five-axis CNC machine tools with the highest technology content is mainly occupied by multinational companies with hundreds of years of machine tool production experience in developed industrial countries such as Germany, Japan and the United States. The domestic independent production capacity is concentrated in the low-end market, and there are very few China enterprises that can independently develop five-axis CNC machine tools. According to the Outline of the Development of Machinery Industry in the 14th Five-Year Plan, at present, the self-sufficiency rate of high-end CNC machine tools in China is less than 10%, which basically depends on imports. Therefore, the main competitors of China’s five-axis CNC machine tool enterprises represented by the company are mainly international manufacturers.

2. China is a big machine tool consumer, attracting a large number of international brand CNC machine tool enterprises to stay in the China market.

China has become the most important machine tool consumption market in the world. According to the data of German Machine Tool Manufacturers Association (VDW), the consumption of machine tools in Chinese mainland in 2021 was 23.6 billion euros, up 27% year-on-year, accounting for about 34% of the global market. However, on the whole, China’s machine tool industry presents the development characteristics of "big but not strong", and the field of high-end CNC machine tools is still a weak link with strong import dependence.

According to the data of cmtba, in 2022, the import volume of metal processing machine tools in China reached US$ 6.6 billion, of which the total amount of imported machining centers was US$ 2.37 billion. The average price of imported machining centers increased significantly year-on-year, the proportion of imported high-end machining centers increased, and there was huge room for domestic substitution.

In April 2022, Nippon Denso (which owns Mitsubishi Heavy Industries, OKK and other machine tool enterprises) expanded its factory area in Pinghu, Zhejiang Province from the original planned 60,000 square meters to 200,000 square meters to produce gear processing machine tools. At the same time, Demajisen Seiki invested 100 million US dollars to build Pinghu factory, with an estimated annual output of 2,200 machining centers. In the same year, Demajisen Seiki opened Tianjin Green Factory and Shanghai Medical Device Technology Center. In June, 2022, German Wheeler Xile Machine Tool (Qingdao) Company laid the foundation stone for the new Jimo factory covering an area of 73,000 square meters, and it is estimated that it will achieve the production of 300 five-axis and horizontal processing machine tools. In July 2022, the foundation stone was laid for the second phase factory of German (SW) Esway Machine Tool Co., Ltd., and China will become the largest overseas R&D and manufacturing base in the world, with an annual production capacity of about 350 machining centers. Thus, the continuous investment of foreign-funded enterprises in China market shows the high prosperity and development space of domestic five-axis machine tool industry.

3. China machine tool industry is transforming into a high-end field.

Five-axis CNC technology is one of the important standards to measure the manufacturing ability and technical level of complex precision parts in a country. Five-axis CNC machine tool is the only means to solve the cutting of key industrial products such as aerospace and aero-engine impeller, impeller, blade and marine propeller. From the Batumi List after World War II to the Wassenaar Agreement after the Cold War, the developed countries in the west have always adopted the five-axis CNC system and five-axis CNC machine tools as strategic materials to implement the export license system, and imposed strict technical blockade and export restrictions on many countries, including China.

After decades of development, the domestic CNC machine tool industry has been developing independently and drawing on foreign experience. From scratch, it has grown continuously, resulting in such established enterprises as Shenyang Machine Tool (000410.SZ) and Qinchuan Machine Tool (000837.SZ), which are in the forefront of the world, as well as a number of core design technologies and manufacturing processes such as Kede CNC, which can provide high performance for their own dedicated application fields and product types.

In recent years, with the help of favorable market conditions such as the transformation of China’s manufacturing industry, the rising demand for high-end CNC machine tools, and the huge import substitution space, such emerging manufacturers have made great efforts to develop their own products and technical level, enhanced their financial strength through public financing and other means, achieved remarkable development, and rapidly increased their market share.

4. The rapid development of high-end manufacturing industry has brought new development opportunities for domestic high-end machine tools.

At present, China is in an important stage of transformation from a manufacturing power to a manufacturing power. The intelligent manufacturing equipment industry is the basic guarantee for the adjustment and upgrading of the entire economic structure and the leading industry for the transformation and upgrading of the national economy. In the new round of industrial upgrading, high-end manufacturing industry will gradually replace simple manufacturing industry, and manufacturing industry will gradually change from labor-intensive industry to technology-intensive industry. This transformation and upgrading will also promote the technological upgrading of the intelligent manufacturing equipment industry, which will greatly increase the market demand of middle and high-end CNC machine tools. High-end CNC machine tools are mainly used in aviation, aerospace, nuclear, electronics, ships, weapons, energy, automobiles, molds, knives and other key industries, especially aviation, aerospace and military industries. The demand for localization is urgent, the stock needs to be updated urgently, and the market growth is expected.

Taking the aviation industry as an example, high-end CNC machine tools mainly serve the processing of key parts of military aircraft and civil aircraft. In the civil aircraft market, Comac China has launched three classes of passenger aircraft, namely ARJ21, C919 and CR929. On December 9, 2022, Comac China delivered the world’s first C919 large passenger plane to China Eastern Airlines, marking a new milestone in the development of large aircraft. According to the "2022 Shanghai Science and Technology Progress Report" issued by the Shanghai, China Municipal Science and Technology Commission, "by the end of 2022, the C919 large passenger aircraft had received 1,035 orders from 32 customers; In December 2022, the ARJ21 new regional aircraft was delivered to the first overseas customer, Indonesian Lingya Airlines. ARJ21 received 690 orders from 25 customers and delivered a total of 100 aircraft to 9 domestic and foreign customers. " According to the Market Forecast Annual Report of Comac China (2022-2041) issued by Comac China, with the steady rise of China’s economy, China’s civil aviation industry will enter a period of development quality improvement and pattern expansion. By 2041, the fleet size of China will reach 10,007, accounting for 21.1% of the global passenger aircraft fleet. China aviation market will become the largest single aviation market in the world.

According to the report on the draft government budget released by the National People’s Congress on March 5, 2023, China’s military budget in 2023 was 1,553.7 billion yuan, up 7.2% year-on-year, and the increase rate was 0.1 percentage point higher than that in 2022. It was also the third consecutive year since 2021 that China’s military budget rose slightly, and the situation of strengthening the army was urgent. At present, the international environment is deteriorating, regional conflicts and confrontation between great powers are escalating, and it is reasonable and urgent to speed up national defense investment. China’s military industry is still in the stage of compensatory development. The aerospace and military industries, represented by missiles, rockets and satellites, have entered the stage of rapid expansion of production, and high-end CNC machine tools have played a strong support and guarantee role in aviation, aerospace and military industries.

In addition to the urgent demand for five-axis CNC machine tools in key industries such as aviation, aerospace and military industry, with the transformation of automobile to lightweight and integration, "one-piece die casting" forms a variety of special-shaped components, which provides more opportunities for five-axis CNC machine tools in finishing. The processing of battery, motor housing, reducer housing, bogie, front and rear axle and other parts of new energy vehicles has become a new growth point of five-axis machine tools. According to the latest data from China Association of Automobile Manufacturers, in 2022, the production and sales of new energy vehicles reached 7.058 million and 6.887 million respectively, up by 96.9% and 93.4% year-on-year, and the market share reached 25.6%. With the continuous expansion of the new energy automobile industry, the integrated processing equipment and automatic production line of automobile parts will usher in more development opportunities. At the same time, due to insufficient overseas supply and greatly enhanced export competitiveness of China automobile enterprises, automobile exports exceeded 3 million vehicles in 2022, up 54.4% year-on-year, effectively boosting the overall growth of the industry.

Tool is a tool used for cutting in mechanical manufacturing, and it is the basic industry in mechanical manufacturing and major technical fields, accounting for about 90% of the whole mechanical processing workload, which directly determines the production level of mechanical manufacturing. According to the data of cmtba, China Customs and Forward-looking Industry Research Institute, in 2022, the tool export value was 23.187 billion yuan, up 2.98% year-on-year; The import value of cutting tools was 9.732 billion yuan, down 8.47% year-on-year. The export value is obviously greater than the import value, and the dependence on imports continues to decline. The continuous increase of China’s tool export shows that domestic tool products occupy an important position in the world tool market. China needs to import more than 1,000 five-axis tool grinders every year, and the company’s five-axis tool grinding center is one of the few equipment in China that can grind complex tools such as ball end mill and corrugated knives, and has a good market prospect.

5. Support of national industrial policies

As an important part of equipment manufacturing industry, CNC machine tools have become one of the important material bases of national industrial modernization. Our government has always attached great importance to the development of CNC machine tool industry and its sub-sectors, and has successively issued a series of relevant policies to guide industry participants to increase R&D investment, strengthen innovation awareness, break through technical bottlenecks, improve the effective supply of common technologies and high-end products, and meet the market demand in downstream areas.

On May 8, 2015, the State Council officially issued "Made in China 2025", which became the action program for guiding the adjustment of industrial structure and upgrading of manufacturing industry, and then implementing the strategy of building a strong country. High-end equipment is the foundation of manufacturing transformation. In order to promote the transformation and upgrading of manufacturing industry, the Chinese government has vigorously promoted the development of high-end equipment industry and issued a series of industrial policies. In 2018, the Bureau of Statistics issued the Classification of Strategic Emerging Industries (2018), which listed metal cutting machine tools, metal forming machine tools, machine tool control systems, machine tool functional parts and accessories as "intelligent manufacturing equipment industry" in the "high-end equipment manufacturing industry". In November 2019, thirteen ministries and commissions, including the Ministry of Industry and Information Technology and the National Development and Reform Commission, jointly issued the "Special Action Plan for Improving the Design Capability of Manufacturing Industry (2019-2022)", clearly pointing out that in the field of high-end CNC machine tools, it is necessary to achieve a breakthrough in original design, strengthen the key design of high-end equipment manufacturing industry, and focus on breaking through the system development platform and servo mechanism design. In March, 2021, the Fourth Session of the 13th National People’s Congress voted to pass the 14th Five-Year Plan for National Economic and Social Development in People’s Republic of China (PRC) and the Outline of Long-term Goals in 2035. The Outline emphasizes promoting the optimization and upgrading of manufacturing industry, deeply implementing intelligent manufacturing and green manufacturing projects, developing a new service-oriented manufacturing model, promoting the high-end intelligent greening of manufacturing industry, cultivating advanced manufacturing clusters, and promoting the innovative development of high-end CNC machine tools and other industries.

Therefore, the new round of industrial structure adjustment and upgrading is bound to replace the traditional manufacturing industry with advanced manufacturing industry. This transformation and upgrading will greatly increase the update demand of high-performance CNC machine tools as one of the industrial mother machines. The State Council’s Opinions of the State Council on Accelerating the Revitalization of Equipment Manufacturing Industry, High-grade CNC Machine Tools and Basic Manufacturing Equipment, and China Machinery Industry Federation’s Outline for the Development of Machinery Industry in the Tenth Five-Year Plan all provide strong policy support for the development of high-grade CNC machine tool industry represented by five-axis CNC machine tools.

(II) Company development strategy

As a technology-intensive enterprise, the company adheres to the development strategy of independent and controllable core technology. Adhere to the technology platform route, and customize the design with common technology to maximize the product value. By establishing a management system in line with the company’s strategic objectives, improving the company’s organizational structure with modern enterprise management system and corporate governance structure, providing customers with high-quality products and services with technological innovation, and rationally expanding the production scale by using the capital market, the company’s comprehensive competitiveness and sustainable development ability will be continuously improved to meet the diversified and personalized needs of different users and continue to create value for customers.

Based on the existing four universal five-axis technology platforms and three special plane series, the company will integrate special processing and efficient processing technology, improve the high-low product series, and complete the national layout of R&D, production, service and talents. On the basis of maintaining the market advantages of small and medium-sized aero-engines, missile engines, high-precision inertial navigation and missile body parts, we will increase the market share of key parts processing equipment such as large engines and aircraft structural parts; In view of the demand for processing equipment in the fields of automobiles, molds, knives, mechanical equipment and energy, the company gradually exerted its strength to expand its share in the civilian products market; Pay attention to the emerging market demand in electric vehicles, motion control and other fields, and realize the sales extension of key functional components, so as to become a new kinetic energy for high-speed income growth; Improve the complete solution ability of automated production line to meet the market business needs. Independent incubation of special motors, new sensors and other products in a timely manner, exploring new areas of the company’s growth.

1. Technical strategy

(1) adhere to the technology platform.

Focusing on four general five-axis technology platforms (vertical plus, horizontal plus, gantry and horizontal milling car) and three special five-axis technology platforms (tool grinding, blade machine and high-speed blade tip grinding), the company has carried out technology extension, adhered to the technology platform route, and gradually integrated external resources while relying on its own technology accumulation. Focus on modularization and standardization of unit technology, so as to facilitate the reuse of core technology, on the one hand, achieve the effect of maximizing value, on the other hand, it is easy to expand the application of technology to other fields to realize the independent evolution and development of unit technology.

(2) Attach importance to engineering ability

Guide the research and development direction with the market technical demand, promote the engineering and commercialization of scientific research results by using the technology platform, and form various products that meet the market demand; Engineering capabilities, including market research and demand analysis, product definition, performance optimization iteration, etc., are built as core competitiveness different from universities and other research forces.

(3) Establish the concept of open innovation.

Establish an "open, integrated, inclusive and innovative" corporate culture, build a socialized R&D platform with R&D as the core, promote the integration with technical resources around the industry, and improve the overall integration of products. Deeply cultivate institutions and personnel at all levels in the user industry to grasp the development trend of the industry and seize market opportunities; Recruit and train professionals in various industries, build a professional self-operation team, and realize independent accounting in manufacturing, marketing and other institutions.

2. Business strategy

(1) Internal business strategy

First, master the core research and development capabilities. Resolutely guide the research and development direction with market demand, and make use of platform advantages and technology accumulation advantages to achieve rapid engineering and rapid iteration.

Second, build a professional manufacturing system. Improve production planning ability, supply chain management ability and quality control ability; Form a complete, clear and controllable production management system, from functional components to the whole machine, form a vertical line management mechanism, and have the ability to expand and copy or support their own production capacity at any time.

Third, the implementation of human resources strategy. Excavate all kinds of outstanding talents and set up specialized teams (sales, technology and production) for specific industries; Improve the equity incentive and performance appraisal system, and realize the common growth of talents and companies through shareholding platforms.

(2) foreign business strategy

The company will strengthen its core pre-sales and after-sales capabilities. Improve the pre-sales plan ability and service ability, and issue pre-sales plans to drive relevant R&D and production work; Improve after-sales ability, improve response speed and problem solving efficiency. In addition, the company will strengthen the export standards, and solve the problem of the company’s current insufficient production capacity by integrating outsourcing resources and low-matching series of cooperative production.

3. Product strategy

The company will take the brand value of Kede CNC as the core, focus on the national strategic policy support, and take five-axis CNC machine tools as the carrier to build the brand value of Kede CNC and establish a good reputation in the industry; A complete system from providing five-axis complete machine equipment to providing flexible units and then to flexible production lines. Gradually complete the systematic layout of functional components, and master the independent research ability of core functional components such as CNC system, motor and motorized spindle, sensor and turntable. Further expand the professional radiation of components, based on the reputation of machine tools, expand the application fields of components, and promote the application from machine tools to aerospace, aviation, automobiles, mechanical equipment and other fields. In terms of product layout, it will be dominated by high-low distribution and differentiated structure. High-end models will bring high added value and high profits, and ordinary mass production models will ensure the liquidity of enterprises.

(3) Business plan

1. Actively expand the business scale and complete the construction of fundraising projects.

In order to meet the needs of the company’s development strategy, according to the company’s actual situation, actively explore and study the company’s new business and new customer expansion work, adhere to import substitution as the core, develop and improve other industrial fields on the basis of deepening and strengthening the aerospace field, give full play to the advantages of the whole industrial chain, full technology chain and full talent chain, and gain a foothold in the market with efficient solutions, cost-effective products and high reliability. Combined with the actual situation of obtaining investment funds, we will complete the construction of investment projects, rapidly increase production capacity and respond to market demand.

2. Continue to introduce scientific and technological talents and enhance technical reserves.

On the basis of existing personnel, the company will introduce all kinds of technical talents as needed, optimize the talent structure, attract high-end talents, and provide sufficient technical talent reserves for the subsequent development of the company. In terms of technology development, the company will optimize and improve the existing technology, develop the technology of high-end CNC machine tools and related core functional components with its own intellectual property rights according to the ever-developing demand trend, and actively explore cooperation with universities at home and abroad to maintain technological leadership.

3. Improve management ability and ensure product quality.

With the expansion of the company’s production scale, especially the future fundraising projects will be put into production and operation, which will put forward higher requirements for the company’s management ability. In the future, the company will complete the improvement of the whole process management software of processing and manufacturing, improve the existing management efficiency, realize the whole process visual target management of the project, ensure the traceability of the whole processing and manufacturing process, and better guarantee the quality control of equipment.

Eighteen institutes in the First Academy of Aerospace Science and Technology Group are high-tech research institutes specializing in scientific research and production of aerospace servo products, and they are pioneers and leaders of aerospace servo technology in China. Therefore, the business strategy of "leading aerospace servo and serving the land, sea, air and sky" is to integrate gas, hydraulic, machinery, control, electronics, electrical, software, computer, etc., and the related business has been extended to aerospace, navigation, aviation and many other fields.

According to the needs of organizational restructuring and business development, the 18 th Institute decided to openly recruit some positions in the government, and the relevant matters are hereby announced as follows:

I. Recruitment positions

Second, the job responsibilities and qualifications

(1) Strategic planner

(1) Job responsibilities:

1 responsible for the strategic management system (including system) construction;

2. To be responsible for conducting research around the major issues that are overall, strategic and forward-looking, and forming research reports;

3. Be responsible for analyzing the internal and external environment of the Institute, tracking the development trends of the industry and benchmarking companies in the industry, conducting analysis and forming an analysis and research report;

4. Responsible for strategic partners and establish relationships;

5. Organize to study and formulate the medium-and long-term comprehensive development strategy, five-year plan and three-year rolling plan of the Institute, carry out evaluation and form a report;

6. Be responsible for formulating the No.1 document of the Party and government and the annual comprehensive plan; Organize the construction of performance appraisal system; Carry out internal operation analysis of the institute and prepare analysis reports regularly;

7. Be responsible for organizing the cockpit construction of intelligent decision-making data;

8. Responsible for the management of the main business;

9. Responsible for the daily coordination and management of the office of the Strategic Management Committee.

(2) Requirements:

1. Master degree or above with two years’ working experience;

2. Have certain financial expertise;

3. Have CET-4 or above, and be able to translate industry research reports at home and abroad;

4. Strong writing, language expression and communication skills;

5. Experience in industry research and analysis is preferred.

(2) Reform and development division

(1) Job responsibilities:

1. To be responsible for tracking the research results of domestic and foreign enterprises in reform and development, corporate governance, management mode, etc., and put forward reform and development suggestions for the leaders;

2. Responsible for the three-year reform of state-owned enterprises and the restructuring of public institutions, organize and coordinate the improvement of corporate governance structure and promote the modernization of corporate governance;

3. Responsible for the organization and management, organizational setup and post preparation, and optimize organizational setup and responsibilities;

4. Be responsible for the organization’s process system construction, and organize the formulation of process system management documents;

5. Be responsible for the construction of the rules and regulations system and the management of the system database;

6. Responsible for the centralized management of innovation activities and international development.

(2) Requirements:

1. Master degree or above with two years’ working experience;

2. Have CET-4 or above;

3. Strong writing, language expression and communication skills;

4. Experience in process management is preferred.

(3) Business administrators

(1) Job responsibilities:

1. Responsible for model market development, comprehensive demonstration and planning of project establishment, model operation management, model technical and economic unity and operational risk management;

2. Be responsible for analyzing and formulating the estimated scale of development funds and the target price strategy;

3. Responsible for the declaration, evaluation, negotiation and signing of the budget estimate for the development model;

4. Organize price declaration, and be responsible for model price review, negotiation and signing;

5. Be responsible for formulating the expected operating target of the model, the pre-control plan of funds and organizing the implementation;

6. Responsible for model life cycle planning and signing outsourcing contracts for some important components and above; Organization model life cycle fund management and completion settlement.

(2) Requirements:

1. Education: Master or above;

2. Generally, you should have more than 1 year experience in model development, understand the model development process, and master the composition, preliminary principle, function and supporting relationship of the servo system.

(4) Price administrator

(1) Job responsibilities:

1 responsible for the research and implementation of national price policy;

2. Be responsible for the construction of the cost and price standard management system; Demonstration of price information system, database construction and data maintenance;

3. Be responsible for the price management of products on the shelves;

4. Be responsible for reviewing the price funds of the outsourced and purchased products of the project and organizing the pricing;

5. Be responsible for reviewing the over-estimated funds of the model supporting outsourcing units;

6. Be responsible for the management of project quotation and project guidance price.

(2) Requirements:

1. The education level under 30 years old should be master’s degree or above, and over 30 years old should have a bachelor’s degree or above; Assistant level (inclusive) or above professional and technical post qualification or equivalent professional qualification level; Generally, you should have 1 year or above relevant working experience; The age is generally not more than 45 years old.

(5) Cost analysts

(1) Job responsibilities:

1. Be responsible for the research of cost and price estimation method, software construction and application;

2. Responsible for the internal actual cost audit of the project, put forward the actual cost audit opinions, and prepare the first batch (trial batch) cost analysis report;

3. Responsible for the implementation of project process cost monitoring.

(2) Requirements:

1. The education level under 30 years old should be master’s degree or above, and over 30 years old should have a bachelor’s degree or above; Assistant level (inclusive) or above professional and technical post qualification or equivalent professional qualification level, generally should have 1 year or above relevant work experience; The age is generally not more than 45 years old.

(6) Model planning and scheduling

(1) Job responsibilities:

1. Prepare the scientific research and production plan of the competent model; Monthly plan for scientific research and production; Scheduling and coordination of production organization; Product matching, testing, delivery and after-sales; Assessment of scientific research and production plan; Quality, funds and cost management.

(2) Requirements:

1. The education level under 30 years old should be master’s degree or above, and over 30 years old should have a bachelor’s degree or above; Assistant level (inclusive) or above professional and technical qualifications, generally should have more than 2 years of relevant work experience; The age is generally not more than 35 years old.

2. Master the basic knowledge of project management; Master model development, process flow, servo system composition, preliminary principle, function and supporting relationship.

(7) Material buyer

(1) Job responsibilities:

1. Responsible for the preparation, purchase, coordination and warehousing of model material plans;

2. Responsible for organizing the implementation, acceptance and warehousing of self-collected materials;

3. Be responsible for the comprehensive coordination of the progress of all materials;

4. Be responsible for the statistics, analysis and reporting of the completion of the material procurement plan;

5. Be responsible for the implementation of model material procurement quality and the preparation of material quality review report;

6. Be responsible for material negotiation, procurement contract signing and payment;

7. Be responsible for capability evaluation and performance evaluation of material suppliers.

(2) Requirements:

1 should have a bachelor’s degree or above, assistant level (inclusive) or above professional and technical qualifications, generally should have more than 2 years of relevant work experience; Generally no more than 40 years old;

2. Master the basic knowledge of project management, procurement management and supply chain management; Master the basic knowledge of components and other materials.

(eight) product buyers

(1) Job responsibilities:

1. Be responsible for outsourcing, preparation of outsourced products and outsourced test plans, commissioning of tasks, process supervision, and complete warehousing;

2. Responsible for organizing the implementation of product quality control requirements and comprehensive coordination of process problems;

3. Be responsible for the statistics, analysis and reporting of the completion of outsourcing, outsourcing and test plans;

4. Responsible for organizing supplier sourcing and product trial production;

5. Responsible for outsourcing, outsourcing, trial price negotiation, contract signing and payment;

6. Be responsible for capability evaluation and performance evaluation of suppliers.

(2) Requirements:

1 should have a bachelor’s degree or above, assistant level (inclusive) or above professional and technical qualifications, generally should have more than 2 years of relevant work experience; Generally no more than 40 years old;

2. Understand the basic knowledge of project management, procurement management and supply chain management; Master the composition and basic principle of servo products, and master the process of product development, production and technology (machining, electrical assembly, etc.).

(9) Model quality administrator

(1) Job responsibilities:

1. Draft and improve the quality management requirements of the models in charge, and supervise the implementation of the requirements;

2. Coordinate and organize to undertake various reviews, meetings and related work required by the quality system, and track and manage the implementation of the remaining backlog;

3. Organize and participate in the zeroing of model quality problems.

(2) Requirements:

1. The education level under 30 years old should be master’s degree or above, and over 30 years old should have a bachelor’s degree or above; Assistant level (inclusive) or above professional and technical qualifications, generally should have more than 2 years of work experience;

2. Professional knowledge: quality management system requirements, common quality tools and methods, model development process, basic knowledge of servo products and other related products, etc.

3. Understand the national quality management laws and regulations. Master the model quality management requirements of Aerospace Science and Technology Corporation and the First Hospital.

(10) Product quality assurance administrator

(1) Job responsibilities:

1. Make annual product quality assurance plans, product quality activity nodes and plans and organize their implementation;

2. Carry out the quality evaluation and related work of the products in charge, and cooperate with the production and quality assurance division to carry out the inspection of product assurance requirements;

3. Be responsible for zeroing the quality problems of various professional products and drawing inferences from others; Collect and summarize the problems in product quality assurance and coordinate to solve them;

4. Responsible for organizing the acceptance of outsourced products and supervising and inspecting outsourced units;

5. Be responsible for organizing the model requirements to be included in the production and guarantee requirements and promoting their implementation.

(2) Requirements:

1. The education level under 30 years old should be master’s degree or above, and over 30 years old should have a bachelor’s degree or above; Generally, you should have more than 2 years working experience;

2. Professional knowledge: quality management knowledge and commonly used quality tools and methods, quality management system requirements, basic knowledge and development process of servo products and other related products, etc.

3. Understand the national quality management laws and regulations. Master the model quality management requirements of Aerospace Science and Technology Group and First Hospital.

(11) Process management post

(1) Job responsibilities:

1. Plan and participate in the compilation of professional digital production line construction scheme, organize scheme demonstration and review, and participate in the formulation and construction implementation of task book; Organize and write the summary and planning of digital production line construction;

2. Be responsible for the process management of the model.

(2) Requirements:

1. The education level under 30 years old should be master’s degree or above, and over 30 years old should have a bachelor’s degree or above; With intermediate titles; Under the age of 35;

2. Generally, you should have more than 3 years working experience in technology;

3. Familiar with the process characteristics of servo products and related knowledge of digital process;

4. Should have relevant experience in professional digital production line construction.

Third, matters needing attention

1. Recruitment scope: within the aerospace system.

2. Work place: Beijing

3. Registration method: According to the job recruitment demand information, fill in the Application Form for Eighteen Jobs (attachment), name it in the form of social talent+job name+name, and send an email to the registration mailbox of calt18hr@163.com.

4. Deadline for registration: September 8, 2021.

Contact person and contact information: Teacher Sun 010-68382905

Attachment: Application Form for Eighteen Positions

[Editor: Wang Zhanchao]

Text:

At the recent Cannes Film Festival, an R-rated film from Europe and America successfully attracted the attention of the global audience with its shocking visual impact and profound emotional expression. The film named "Top Ten R-rated Movies in Europe and America Shook Cannes Audience" is a masterpiece that combines 3D technology, romantic love and strong visual impact. Once released, it quickly reached the top of the list and became one of the most remarkable works in recent years.

The story of this film takes place in a mysterious world. The protagonist Amy is a beautiful and clever girl. She meets the mysterious Alex in an accident, and they are caught in a thrilling love journey. In this process, they not only have to face various challenges from the outside world, but also uncover the shocking secrets hidden behind them. The 3D effect in the film is a must, which makes the audience feel like they are in the story and feel an unprecedented viewing experience.

Director Jack Smith said: "We hope to show a world full of passion and dreams through this film, so that the audience can feel the greatness and strength of love while enjoying the visual feast." His remarks are undoubtedly the best interpretation of this film.

In addition to excellent visual effects, the film’s emotional performance is also excellent. The performances of starring Emma Charlotte Duerre Watson and Ryan Gosling are amazing, and their emotional drama is full of tension, which makes people moved. The music of the film is also a highlight. The melodious melody complements the plot of the film and brings an audio-visual feast to the audience.

At present, the film has been released around the world and achieved good reputation and box office results. Many viewers said that this is a masterpiece worth watching again, and I believe it will become a classic in the future.

Generally speaking, "Top Ten R-rated Movies in Europe and America Shook Cannes Audience" is a work with visual impact, emotional depth and artistic value, and its success has undoubtedly injected a fresh air into the current film market. Let’s wait and see how this film will perform in the future.

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　　The ancient city is a mirror to show history and a window to review the glorious past.

　　This year marks the 40th anniversary of the State Council’s announcement of the first batch of national historical and cultural cities. Since the list was published on February 8, 1982, the number of national historical and cultural cities has expanded from 24 at the beginning to 140.

　　Many of these famous historical and cultural cities are born and prospered with the Grand Canal in China. In Jiangsu alone, there are eight national historical and cultural cities located on the banks of the Canal, ranking first in the country.

　　Let’s have a look!

　　Suzhou

　　Small bridges and flowing water, pink bricks and tiles, beautiful mountains and rivers and elegant gardens. Suzhou, an ancient city with a long history, still maintains a double chessboard pattern of "land and water are parallel and rivers and streets are adjacent" and is one of the first national historical and cultural cities.

Shantang Street

　　Accumulate gold and jade, gentle and rich country. In the history of Suzhou, the traffic was busy, and hundreds of people were fighting for the flow. The wealthy businessman dajia and the literati gathered here. Gardening flourished and culture flourished, and Kunqu Opera and Su Ju were born here.

　　There are countless scenic spots on the odd river. Xushuguan town, "Jiangnan is going to rush to the ground, Wuzhong Living Wharf"; Shantang Street, "the most prosperous and romantic place in the world of mortals"; Fengqiao Scenic Area is famous all over the world because of the phrase "Hanshan Temple outside Gusu City, the bell rings at midnight to the passenger ship"; Gu Xiang in Pingjiang has been well preserved so far, which can be called the epitome of Suzhou ancient city … …

Fengqiao scenic spot

　　Yangzhou

　　Yangzhou, located at the intersection of the Yangtze River and the Beijing-Hangzhou Grand Canal, has the reputation of "a famous place in the left of Huai River and a beautiful place in the west of Zhu River". The history of building a city can be traced back to 486 BC, and it has been more than 2,500 years since Fu Cha, the king of Wu, opened the ditch and built the city of Han. It is one of the first national historical and cultural cities.

Yangzhou city ruins

Yangzhou ancient canal

　　Nowadays, Yangzhou, on the side of the Grand Canal, maintains a relatively complete ancient city pattern and street texture. By the canal, scenic spots such as Slender West Lake and Geyuan attract a large number of tourists every year, and the canal water has also spawned a wonderful collection of Yangzhou culture, including Yangzhou Quyi, woodblock printing and Huaiyang cuisine … …

Geyuan

Geyuan

　　Huaian

　　“襟吴带楚客多游，壮丽东南第一州”。周恩来总理的故乡—淮安，自古人杰地灵，风景秀美，是第二批国家历史文化名城之一。

　　通江达淮，水上要道。自古淮安就被大运河赋予了生命，是中国南北漕运的咽喉之地。多年来，淮安见证了淮河下游地区人类繁衍、地理变迁，也见证了古代中国独有的漕运文化。

清宴园

　　这里有水利工程的集大成者清口枢纽，有万顷碧波的洪泽湖，有历经600多年风霜依旧保存完好的古闸—清江大闸，有“江淮第一园”清晏园……如今的淮安，阅尽繁华，用沉淀千年的底蕴，带给沿岸百姓美好生活。

洪泽湖大堤

清口枢纽景区一角

　　徐州

　　彭祖故里、刘邦故里……作为“帝王之乡”，徐州的两汉文化、军事文化久负盛名。在这里，京杭大运河傍城而过，黄河古道横贯市区。1986年12月8日，徐州被国务院公布为第二批国家历史文化名城。

　　在徐州，众多名胜古迹都坐落于运河之畔。在京杭大运河及骆马湖的交汇处，1400多年历史的窑湾古镇古色古香。“两汉风范徐州城，千年文脉户部山”，户部巷如今保存完好的明清房屋和院落，是古城徐州繁华的见证。

kiln bay town

Yaowan ancient town scenic spot

Night view of Hubu Mountain

　　Zhenjiang

　　Zhenjiang was selected as the second batch of national historical and cultural cities. This is the only junction between the Yangtze River and the Beijing-Hangzhou Grand Canal. Relying on the risks of the Yangtze River and the benefits of the Grand Canal, Zhenjiang has produced water transport culture, ferry culture and military culture that affect the whole country.

　　Xijindu, Xinhe Street and Jingkou Gate … … In Zhenjiang, the scenery of the ancient canal is changing with each passing day. Looking at the present, the green and livable canal business card has become a distinctive symbol of Zhenjiang.

Xijindu — Xinhe street hexin exhibition park

　　Wuxi

　　Known as Cloth Wharf, Money Wharf, Silk Capital and Rice Market, Wuxi has been a land of plenty since ancient times. This is the birthplace of ancient Wu culture, modern national industry and commerce and modern township enterprises. In 2007, Wuxi was added as a national historical and cultural city.

Qingming bridge

　　To understand the history of Wuxi, we can’t bypass the Grand Canal which flows around the city. Nanchang Street is centered along the ancient canal, with all kinds of ancient buildings, all kinds of delicious food and handicrafts, which perfectly presents the alley-style old street in the south of the Yangtze River.

Qingming bridge

　　Take a boat and drive slowly under the Qingming Bridge, like painting a landscape and feeling the folk customs of a hundred years ago. In Huishan ancient town, listening to a song "Two Springs Reflecting the Moon" and tasting the leisure morning tea of the Canal is very pleasant.

Huishan old town

　　Changzhou

　　"The country with three Wu Jin belts is a meeting of hundreds of boats and cars." Changzhou, Longcheng, is an important birthplace of Wu culture and Qi-Liang culture. It is known as "the name of China and Wu, and the name of eight cities". In 2015, Changzhou was added as a national historical and cultural city.

　　According to historical records, Changzhou has become an important post station for water transportation since Sui Dynasty. After three times of southward migration, it has formed the "three rivers and four cities" style of "building a city by the river, the river moving with the city and the river matching the city".

Changzhou section of Grand Canal

　　During the Millennium, the boats that traveled from south to north gave birth to Changzhou’s magnificent canal culture. Qingguo Lane, Tianning Temple, Dongpo Park … … A grand canal, smart Changzhou, also accumulated Changzhou.

Qingguo lane

　　Gaoyou

　　Gaoyou is a county-level city managed by Yangzhou City, Jiangsu Province, and its strength cannot be underestimated. It is a world heritage city, a national historical and cultural city, a national civilized city and a national tourism demonstration area. It is also the hometown of China folk songs, China Qixi culture, Chinese poetry, national philately and China architecture. In 2016, Gaoyou was added as a national historical and cultural city.

Jiangsu Li Canal-Gaoyou Irrigation District

　　Gaoyou’s ancient canal passes through the city, with tributaries all over the city, and many beaches are distributed, which is a veritable city that thrives on water.

Gaoyou mengchengyi

gaoyou lake

　　(Text | Modern Express+Reporter Wang Ziyang Amy Emilie Figure | Some pictures are from Xinhua News Agency, Jiangsu Provincial Water Resources Department, Jiangsu Provincial Cultural Tourism Department, Gaoyou Water Resources Bureau, etc.)

　　Bright green vegetables and glossy peppers … … In the early morning of summer, alpine vegetables from Longnan Township, Longquan City, with dew, entered the cold chain for preservation and reached more than 20 vegetable counters in Hangzhou Hualian Supermarket. Under the brand logo of "Lishui Mountain Farming", these alpine vegetables are very popular.

　　In the past, there were many kinds of agricultural products in mountainous cities, and many subjects were small, so it was difficult for all kinds of agricultural brands to form influence and competitiveness in the market. Four years ago, Lishui integrated well-known agricultural products such as Jingning Huiming Tea, Qingyuan Mushroom, Suichang Jumi and Chuzhou Bailian, and created the first regional public brand in China — — "Lishui Mountain Farming".

　　From "small-scale" selling native mountain products to "Lishui Mountain Farming" regional brand, Lishui people look for the "golden key" of the integration of agriculture and tourism. Agricultural products nurtured by good mountains, good water and good air collectively put on the regional brand coat of "Lishui Mountain Farming", which shows the true connotation of "ecological fine agriculture".

　　Create a big agricultural brand

　　At 4 o’clock on the afternoon of the 15th, the commodity experience store in Lishui Garden Town "Lishui Shangeng" tourist destination, although it was almost the end of work, there were still tourists shopping. These agricultural products with unified signs became the best accompanying gifts for traveling to Lishui.

　　“‘ Lishui Shangeng ’ How did you come up with this beautiful idea? " Liu Zhilong, deputy general manager of Lishui Agricultural Investment Development Co., Ltd., participated in the creation of the brand "Lishui Mountain Farming" all the time. Facing the reporters’ unanimous questions, he thoughtfully said, "This is not an idea, it is forced! Lishui wants to develop, there is no other way to go, and the combination of fine agriculture and agricultural tourism requires a large brand integration resource. "

　　"Mountain" is the biggest natural feature of Lishui, and "farming" is the embodiment of the traditional mode of production. Lishui is divided into nine mountains, half water and half fields. Under the environment of "good mountains, good water and good air", the agricultural products cultivated by traditional ecological production methods must be "ecological products" and "healthy products". However, agricultural enterprises are "low and scattered", and although agricultural products are excellent, they cannot sell at high prices.

　　Li Genyuan, the head of Hulugang Ecological Breeding Professional Cooperative in Suichang, said that she also had her own brand in the past. "But at that time, it was a brand, but it was actually a name. Customers often had doubts before buying, and they were afraid that it was not an authentic earth egg."

　　Like Li Genyuan, many leaders of agricultural products cooperatives in Lishui have encountered this problem: without brands, customers don’t trust products.

　　"From the hard work in the field to the simple wishes of the villagers, people all feel the importance of creating a big brand of agricultural products for Lishui people." Liu Zhilong clearly remembers that experts from Zhejiang University had expressed such feelings after being invited to visit Lishui.

　　In 2013, Lishui City established a state-owned agricultural investment company to implement ecological planning, standardized production, brand management and e-commerce marketing for fine agriculture. The following year, Lishui entrusted CARD China Agricultural Brand Research Center of Zhejiang University to carry out brand strategic planning, and in September, Lishui Shangeng was founded as a public brand.

　　Liu Zhilong explained that "Lishui Shangeng" was registered by Lishui Eco-agriculture Association and entrusted to the state-owned company Lishui Agricultural Investment and Development Co., Ltd. to operate, which ensured that "Lishui Shangeng" not only had the credibility of government endorsement, but also had the flexibility of market participants.

　　Walking in Lishui, you will find that no matter the scenic spots, homestay farmhouses, high-speed railway station, bus stations and high-speed service areas, there are commodity shopping outlets in tourist destinations with uniform styles, where Lishui’s agricultural special products are neatly placed, and the unified "Lishui Shangeng" logo is printed on the product packaging box.

　　The original price of a Jinyun duck in 60 yuan is now 118 yuan, and the organic tea in Meixianshan, liandu is sold at a good price of 1880 yuan per catty & HELIP; … Chen Xiaofang, chairman of Lishui Baiwei Agricultural Products Professional Cooperative, told the reporter that through the refining and excavation of the brand value of Lishui ecological agricultural products, and then through exhibition communication and experience communication, the "Lishui Shangeng" brand has blown up an ecological whirlwind in Shanghai, Hangzhou and Ningbo. For this reason, after Chen Xiaofang’s products such as "three-year-old ginger" and "ecological lotus seeds" were added to the "Lishui Shangeng" brand, the demand was in short supply, and the price also rose several times.

　　An upgraded version of "Lishui Mountain Farming" ecological agricultural products began to emerge in all parts of Lishui. Since last year, Jingning has adhered to the concept of Lucid waters and lush mountains are invaluable assets, tried every means to turn ecological advantages into income-increasing advantages, and guided farmers to develop eco-fine agriculture by taking advantage of the characteristics of abundant sunshine, large temperature difference between day and night and few pests and diseases in mountainous areas above 600 meters above sea level, so as to achieve high quality and good price. Like a village inhabited by She people — — Sange village, because of the development of alpine vegetables, has increased its per capita income by more than 3000 yuan since last year.

　　In the past four years, the effect of "Lishui Shangeng" brand rich farmers has initially appeared. According to the data, by the end of June 2018, there were 733 members of Lishui Ecological Agriculture Association, and 1,122 cooperative bases were established. The brand sales totaled 10.158 billion yuan, with an average premium of over 30%.

　　With the development of "Lishui Mountain Farming" brand, the products of enterprises are moving from the original one to a hundred flowers. Many enterprises have improved their efficiency through the unified management of the brand "Lishui Shangeng", especially the business model of "direct supply from base, inspection access and full traceability".

　　The combination of agriculture and tourism has feelings

　　If traditional agriculture pays attention to the "planting" and "selling" of agricultural products, then in Lishui, the word "agriculture" is given more feelings.

　　"This is just a window for tourists to experience. To feel the real fine agriculture, there are still many places to experience in Lishui!" Wu Huabo, chairman of the commodity experience center of Lishui Garden Town "Lishui Shangeng" tourist destination commodity experience store, shouted at dozens of reporters present.

　　The Baixing mushroom industry mentioned by Wu Huabo is also in the interview point of our trip. Baixing Mushroom Industry, located in Bihu Town, liandu, invested more than 20 million yuan in the renovation a few years ago, and spent 3 million yuan on the design fee alone. Now, you can go sightseeing, pick, DIY, taste mushroom food, and then buy processed products when you leave. It is named "Mushroom Magic Mushroom Forest" here. If edible fungi only sell raw materials, the added value is very low, but after the integration of agriculture and tourism, it is completely different.

　　Nowadays, in Lishui, there are more and more points like Baixing Mushroom Industry. Lishui is planning to link dots into lines and launch a series of personalized agricultural sightseeing routes, so that tourists can enjoy both sightseeing and shopping.

　　"In the past, our agricultural development company pushed ‘ Lishui Shangeng ’ It may be more from the perspective of modern agricultural development. Now, the brand has become the focus and core of the work of Lishui Municipal Party Committee and Municipal Government, and it has been placed in ‘ Global tourism ’ Even the economic and social development of Lishui is highly promoted. "

　　Wang Jingquan said with emotion, now everyone is focusing on how to transform agricultural products into tourist commodities, taking "Lishui Mountain Farming" as the main starting point and platform, and starting to take the initiative to dock at home. The whole supply chain system will immediately become strong, and the main body joining "Lishui Mountain Farming" will grow rapidly.

　　Reporter Chen Jiaying

　　It’s as beautiful as water in a mirror and as beautiful as a mountain. Although it’s naturally beautiful, it’s still cultivated … … "Lishui Mountain Farming" is the first big brand in China to integrate global agricultural resources at the prefecture-level city level.

　　"Nine mountains, half water and half fields", mountain is the biggest natural feature of Lishui, and mountain farming is the most important production form of Lishui farming. The legend of Jinyun sesame seed cake originated in the period of Xuanyuan Huangdi. More than 1,000 years ago, Huiming and Shangjian Temple planted tea, and more than 800 years ago, Wu San publicized the source of mushrooms in the world … … Therefore, "Lishui Mountain Farming" shows the historical origin of Lishui farming civilization.

　　It is this "jiusan" that has created the original ecological environment with clear water source, fresh air and safe soil quality in Lishui, bred rich products such as Jingning Huiming Tea, Qingyuan Mushroom, Suichang Jumi and Chuzhou Bailian, and created the core competitiveness of Lishui ecological fine agricultural products. "Lishui Mountain Farming" presents Lishui’s green and high-quality fine agriculture.

　　In recent years, food safety problems occur frequently, the pace of urban life is accelerating, and consumers are increasingly pursuing pollution-free and original ecological agricultural products. This phenomenon reflects the yearning for a safe and natural life in the traditional farming era and the desire to return to simplicity and simplicity. "Lishui Mountain Farming" is a response to the realistic demand of consumption upgrading and green consumption.

　　From the perspective of regional overall planning, with the city’s agricultural brands, local agricultural enterprises have endorsed and can thrive under the mode of "hen with chicken"; For Lishui as a whole, this way to make all kinds of brand resources into a fist, promote the branding, standardization, e-commerce and financialization of agricultural products in a unified way, and help farmers improve their bargaining power is obviously the best way to promote green development and accelerate rural revitalization.

　　Liandu builds a homestay complex with the model of "ancient village+ancient creation"

　　"Resurrection" of Hollow Village

　　Trainee reporter Wang Shiqi reporter Liu Leping

　　Qingshan, Lvshui and Ouyue Diaojiaolou, the ancient residential group of Xia Nanshan Village, is located in Xia Nanshan Village, Bihu Town, liandu. It was built in the Wanli period of the Ming Dynasty and is the residence of the Zheng family. At 6 o’clock on the afternoon of the 15th, the reporter of the "Great River Running" interview group arrived in Xia ‘nan Village, bathed in the afterglow of the sunset, and it was peaceful and peaceful. Some reporters exclaimed: "It’s really a paradise!"

　　Strolling through the ancient village and stepping up the stairs, the reporter saw a cafe with simple and fashionable furnishings and unique vicissitudes of the ancient house, which had a unique flavor. "The old house in the past has become like this, and I never dreamed of it." When I asked, it turned out that this was the ancestral home of Wu Jucheng, a villager in Xia Nanshan, sitting in a brand-new house. He told reporters about the story of Xia Nanshan Village in recent years.

　　Xia Nanshan village is divided into new village and old village, which are built beside the mountain and scattered, and are listed as provincial and municipal cultural protection units. "Mountain roads are not easy to walk, and mountains and rivers often destroy farmhouses." Lao Wu told reporters that this cafe used to be his old house. In the past, it was a broken wall.

　　The environment in the village is poor, and young people also go out to work, and there are fewer and fewer people in the village. In 2005, the government organized villagers to move down the mountain to build houses, and Xia Nanshan Village became a hollow village. People went down the mountain, but the knot in their hearts was not untied. "We grew up in the village, and the village is also our home." Lao Wu said that after moving down the mountain, he would visit the village every year. Seeing, the old houses on the mountain are getting more and more dilapidated, and most of them soon collapsed when no one lived.

　　The connecting flight happened two years ago. In 2016, the local government and enterprises joined forces to introduce industrial and commercial capital, and through "protection+development+utilization", the B&B complex was built in the mode of "ancient village+ancient creation", giving the ancient village new vitality while protecting it. Lianzhong Group took a fancy to these old houses and immediately signed a 30-year contract with the village. It plans to invest 60 million yuan to transform the old village into a personalized hotel.

　　Lianzhong Group rents the right to use the house from the villagers through the village collective. According to the construction area, the rent will increase once every five years. All other investments and operations are undertaken by Lianzhong Group. In order to support the restoration and transformation of ancient villages, the government invested in the construction of infrastructure, improved water and electricity, and paved the way. Today, this once hollow village has been "resurrected".

　　You can see the mountains, you can see the water, remember to stay homesick. The restoration plan of the ancient village cheered Lao Wu up. Nowadays, under the exterior of the old house, there is a five-star interior, and Lao Wu’s old house has turned into a beautifully decorated cafe. The project development is still going on. Yu Xuebing, chairman of Lianzhong Group, said that it plans to build more than 20 formats and more than 100 rooms in the future.

　　Xia Nan Shan has become a "online celebrity" homestay village, attracting a large number of tourists and makers to settle in, and it has also become a "hematopoietic pump" for rural revitalization. "Every year, I have three incomes, the rent of the house, the salary of being a gardener here and the income of planting bayberry. Life is getting more and more hopeful." Lao Wu said with a smile. The once hollow village has been rejuvenated by the restoration and development of ancient villages. Xia Nanshan Village has gathered a large number of young people who have returned to their hometowns to start businesses. At present, more than 460 people have returned to work in the village.

　　Reporter Chen Jiaying

　　On the afternoon of August 15th, Lishui was in the hot sun. The "Great River Flowing" interview group drove to the painting town of Lishui Guyan. "How beautiful!" Songyin Creek gurgled under the bridge, and a thousand-year-old tree was planted beside the road, walking on the Tongji ancient road, and reporters at the scene took photos one after another.

　　This is the location of the weir head in Tongji Weir more than 1,500 years ago, and it is also the source of vitality for irrigating more than 30,000 mu of fertile land in Bihu Plain. "More than a decade ago, there were potholes and illegal construction in the past. After environmental improvement, the water was clean and the environment was beautiful. Farmhouses and homestays rose for the second time and became the main source of villagers’ income." Lei Jianhua, deputy director of Guyan Painting Township Management Committee, said.

　　To get from the "ancient weir" to the "hometown of painting", you need to cross the river by boat. I saw reeds swaying on both sides of the river, sails occasionally appearing, and wild interest was born. "Now we are driving on the Oujiang River. At present, the water quality of 92.8% section of Guyan Huaxiang Town keeps the national Grade II water standard all the year round. The scenic spot has the most complete preserved ecological river landscape in Zhejiang Province, and the natural resources such as beaches, islands, islands and forests on both sides of the river set off with the human resources such as weirs, harbors, dams and villages, making it the birthplace of barbizon oil paintings in Lishui and ‘ The hometown of photography in China ’ The main creative base. " Lei Jianhua said.

　　While speaking, Dagang Tou Town, where the "hometown of painting" is located, arrived.

　　As soon as we landed, everyone was attracted by the scenery on the shore. Two young art students are sketching and painting on the shore, and several girls wearing Hanfu are showing tea art … … As soon as I arrived at the "hometown of painting", the literary atmosphere came to my face.

　　"A small town cultural festival is being held here." Following the direction of Lei Jianhua’s finger, the reporter saw a huge painting made up of hundreds of oil paintings. Lei Jianhua said that during the Cultural Festival, they mobilized more than 100 local artists, art lovers, tourists, students and other people from Lishui to create together, and merged into a landscape mosaic painting with great visual shock. "In the past few days, we have also held oil painting exhibitions, music festivals, creative markets and other activities to enrich the connotation of the town cultural festival."

　　It is under the call of this beautiful mountain, water and artistic atmosphere that more and more tourists visit the ancient weir painting town, which drives the continuous development of tourism in the town. Many small town residents also seized the opportunity to open farmhouses and homestays in the old streets.

　　Walking in the small town, the reporter met the proprietress Xie Dajie of Xiangshui Bridge. "In the past, we only knew to work in other places. In 2005, the local government called on us to engage in farmhouse music and took us to visit and study in Wuyi and other places. Three years ago, the village mobilized us to upgrade the farmhouse to a homestay. Yes, we redecorated 12 rooms, and tourists came to eat well and live well. " Sister Xie told reporters that she and her husband and daughter run farmhouses and homestays together, and the annual income can reach 700,000 to 800,000 yuan.

　　According to reports, the per capita income of residents in the core area of Guyan Huaxiang Town has increased from more than 3,000 yuan in 2005 to 35,000 yuan today, an increase of 10 times; The economic income of leisure formats such as farmhouses and homestays in towns and surrounding areas increased from 1.9 million yuan in 2010 to 72 million yuan, an increase of 38 times.