[2023] No.56

Party: Jiangxi Star Technology Co., Ltd. (hereinafter referred to as Star Technology), and its domicile is Building B1 of Zhoujiang Intelligent Manufacturing Industrial Park, Pingxiang Economic Development Zone, Pingxiang City, Jiangxi Province.

Liu Jianxun, male, born in December 1962, was then the chairman of Star Technology, and his address was Anyuan District, Pingxiang City, Jiangxi Province.

Liu Langwen, male, born in July 1973, was then deputy general manager and chairman of Star Technology, and his address was Longgang District, Shenzhen City, Guangdong Province.

Pan Qingshou, male, born in September 1969, was then the director and general manager of Star Technology, and his address was Xianyou County, Putian City, Fujian Province.

Yang Shuming, male, born in October 1965, was then the deputy financial director of Star Technology, the general manager of the financial center and the assistant to the president of the financial center. His address was Hecheng District, Huaihua City, Hunan Province.

Zhang Shaohuai, male, born in September 1969, was then the supervisor of Star Technology, and his address was Pingxiang Development Zone, Jiangxi Province.

Chen Meifen, female, born in May 1969, was then the financial director of Star Technology, and her address was Jiaojiang District, Taizhou City, Zhejiang Province.

Li Juan, female, born in March 1977, was a supervisor of Star Technology, and her address was Longhua District, Shenzhen City, Guangdong Province.

Wang Jun, male, born in August 1973, was then the deputy general manager of Star Technology, and his address was Nanshan District, Shenzhen City, Guangdong Province.

Dong Shenglian, male, born in July 1974, was then the financial director of Star Technology, and his address was xiangdong district, Pingxiang City, Jiangxi Province.

According to the relevant provisions of the Securities Law of People’s Republic of China (PRC) (hereinafter referred to as "Securities Law"), I will investigate and hear the illegal behavior of Star Science and Technology Information Disclosure, and inform the parties of the facts, reasons, basis and rights enjoyed by the parties according to law. At the request of the parties Liu Jianxun, Liu Langwen, Pan Qingshou and Yang Shuming, we held a hearing on February 24, 2023, and listened to the statements and arguments of the parties and their agents. The party Chen Meifen made a statement and defense, but did not ask for a hearing. The case has been investigated and the trial has ended.

It has been found that Star Technology has the following illegal facts:

On April 29th, 2020, Star Technology’s annual report for 2019 revealed that the operating income, operating cost and total profit during the reporting period were 6,343,779,400 yuan, 5,323,872,400 yuan and 154,217,800 yuan respectively. On April 24, 2021, Star Technology’s 2020 annual report revealed that during the reporting period, the operating income was 8,298,158,000 yuan, the operating cost was 7,178,026,100 yuan, and the total profit was 43,770,500 yuan.

First, Star Technology inflated its operating income and total profit.

(A) Star Technology fictional sales business, inflated operating income

In 2019, fictional sales businesses such as Jiangxi Yihong Electronic Technology Co., Ltd. (formerly known as Jiangxi Xingxing Technology Co., Ltd., hereinafter referred to as Jiangxi Xingxing) and Pingxiang Xingxing Touch Technology Co., Ltd. (formerly known as Xingxing Touch Technology (Shenzhen) Co., Ltd., hereinafter referred to as Star Touch) inflated their operating income by 1,383,816,600 yuan.

In 2020, Star Technology subsidiaries Jiangxi Star, Star Touch, Star Precision Technology (Shenzhen) Co., Ltd. (hereinafter referred to as Star Precision) and Guangdong Xingchi Optoelectronic Technology Co., Ltd. (formerly known as Guangdong Star Optoelectronic Technology Co., Ltd., hereinafter referred to as Guangdong Star) and other fictitious sales businesses inflated their operating income by 3,192,179,000 yuan.

(B) Star Technology fictional leasing and processing business, inflated operating income.

In 2019, Star Technology subsidiary Star Precision, Star Touch and other fictitious leasing and processing businesses inflated its operating income by 55,193,600 yuan.

In 2020, Star Technology subsidiary Star Precision, Star Touch and other fictitious leasing and processing businesses inflated its operating income by 65,813,200 yuan.

(C) Star Technology fictional procurement business, inflated operating costs

In 2019, Star Touch, Jiangxi Star, a subsidiary of Star Technology, made fictitious purchases with a total amount of 401,652,100 yuan.

In 2020, Star Touch, Star Precision, Jiangxi Star and Guangdong Star, subsidiaries of Star Technology, made fictitious purchases, totaling 1,573,714,200 yuan.

(D) Star Technology falsely reduced operating costs through false purchase discounts.

In 2019 and 2020, Star Touch, a subsidiary of Star Technology, agreed on false discounts with suppliers. Through false discounts, Star Technology reduced its operating costs by 4,199,100 yuan and 1,548,100 yuan in 2019 and 2020 respectively.

After investigation, through the above fictitious sales, fictitious leasing and processing business, fictitious purchase and false purchase discount, Star Technology inflated its operating income by 1,439,010,200 yuan in 2019, inflated its operating cost by 265,101,600 yuan, and inflated its total profit by 1,173,908,600 yuan (excluding adjustments such as taxes and period expenses), accounting for 220% of the disclosed operating income in the current period respectively. In 2020, Star Technology inflated its operating income by 3,257,992,200 yuan, inflated its operating cost by 1,594,928,300 yuan, and inflated its total profit by 1,663,063,900 yuan (excluding the adjustment of taxes and period expenses), accounting for 39.26% of the disclosed operating income, 22.22% of the operating cost and 32.22% of the total profit respectively.

Star Technology held the 33rd meeting of the 4th Board of Directors and the 15th meeting of the 4th Board of Supervisors on December 24th, 2021, reviewed and approved the Proposal on Correction of Accounting Errors in the Previous Period and disclosed the announcement of accounting errors correction on December 30th, 2021.

Second, Star Technology understated the impairment loss of goodwill.

Star Technology completed the acquisition of 100% equity of Star Touch and Star Precision in December 2013 and July 2015 respectively. As of December 31, 2019, the book balance of goodwill formed by Star Technology’s acquisition of Star Touch and Star Precision was 305,939,200 yuan and 569,983,200 yuan respectively. Star Technology’s 2019 annual report and 2020 annual report disclosed that the goodwill formed by Star Technology’s acquisition of Star Touch and Star Precision has not been impaired.

After investigation, through the above-mentioned fictitious sales, fictitious leasing and processing business, Star Touch inflated its income by 200,332,600 yuan and 188,883,400 yuan respectively in 2019 and 2020; In 2019 and 2020, Star Precision inflated its income by 281,745,300 yuan and 492,768,500 yuan respectively. In 2019 and 2020, Star Technology conducted the goodwill impairment test on Star Touch and Star Precision based on incorrect financial basic data, resulting in less provision for goodwill impairment loss.

On December 30, 2021, Star Technology disclosed the announcement of accounting error correction, and the goodwill formed by Star Technology’s acquisition of Star Touch and Star Precision was impaired on December 31, 2019 and December 31, 2020. After the correction, Star Technology made a supplementary provision for impairment loss of goodwill of RMB146,719,600 in 2019, including RMB49,010,100 for the goodwill formed by the acquisition of Star Touch and RMB97,709,400 for the goodwill formed by the acquisition of Star Precision. In 2020, the impairment loss of goodwill was 729,202,800 yuan, including 256,929,100 yuan from the acquisition of Star Touch and 472,273,700 yuan from the acquisition of Star Precision.

In summary, there are false records in the 2019 annual report and the 2020 annual report of Star Technology.

The above-mentioned illegal facts are proved by relevant periodic reports, financial materials, explanations of the situation, bank flow, transcripts of relevant personnel’s inquiries and other evidence, which is enough to be identified.

The above-mentioned behavior of Star Science and Technology violates the provision of Paragraph 2 of Article 78 of the Securities Law that "the information disclosed by the information disclosure obligor shall be true, accurate, complete, concise and clear, and easy to understand, and there shall be no false records, misleading statements or major omissions", which constitutes the behavior of Paragraph 2 of Article 197 of the Securities Law that "the report submitted or the information disclosed by the information disclosure obligor has false records, misleading statements or major omissions".

Liu Jianxun, then Chairman, Pan Qingshou, then Director and General Manager, Liu Langwen, then Deputy General Manager, then Chief Financial Officer Chen Meifen, then Supervisors Zhang Shaohuai and Li Juan guaranteed the truthfulness, accuracy and completeness of Star Technology’s 2019 annual report, and signed written confirmation opinions on the annual report.

Liu Langwen, then chairman, Pan Qingshou, then director and general manager, then Wang Jun, then deputy general manager, then Dong Shenglian, then chief financial officer, then supervisors Zhang Shaohuai and Li Juan, guaranteed the truthfulness, accuracy and completeness of the 2020 annual report of Star Technology, and signed written confirmation opinions on the annual report.

The directors, supervisors and senior managers of Star Technology violated the provisions of the third paragraph of Article 82 of the Securities Law and the provisions of Article 58 of the Measures for the Administration of Information Disclosure of Listed Companies, which constituted the situation described in the second paragraph of Article 197 of the Securities Law. Among them, Liu Jianxun, then the chairman, Pan Qingshou, then the director and general manager, and Liu Langwen, then the chairman, organized and implemented the illegal acts of Star Science and Technology Information Disclosure, and was the person in charge who was directly responsible for the illegal disclosure of Star Science and Technology Information. At that time, supervisors Zhang Shaohuai and Li Juan, then deputy general manager Wang Jun, then chief financial officers Chen Meifen and Dong Shenglian were not diligent in their duties, and they were other persons directly responsible for the illegal disclosure of information on Star Science and Technology.

From July 2019 to October 2021, Yang Shuming served as deputy director of finance, general manager of financial center and assistant to president of financial center. Although he was not a director, supervisor or senior manager of Star Technology, he played a major role in illegal activities of information disclosure of Star Technology, and was one of the main participants and implementers of illegal activities of information disclosure of Star Technology. According to Article 17 of the Rules for the Determination of Administrative Responsibility for Illegal Information Disclosure, if a company organizes, participates in or implements illegal information disclosure or directly leads to illegal information disclosure, it shall be determined as the directly responsible person in charge or other directly responsible personnel according to the situation. Yang Shuming is the other directly responsible person for illegal information disclosure of Star Science and Technology.

Liu Jianxun and his agent put forward in their statements and hearings: First, there is no subjective intention or subjective fault in carrying out illegal acts in Liu Jianxun, and the illegal disclosure of information by Star Technology was organized and instigated by others. Second, Liu Jianxun violated the law for the first time with slight harmful consequences and corrected it in time. Liu Jianxun resigned as the director and chairman of Star Technology in February, 2021, and Star Technology has committed illegal accounting errors in August, 2021, which should be regarded as timely termination of illegal acts. At the same time, the main purpose of Star Technology’s illegal disclosure is to avoid the serious consequences of delisting and facilitate bank financing. Star technology has been reorganized successfully, and the harmful consequences of illegal disclosure of information are slight. Third, the financial fraud of Star Technology occurred in 2019, and its punishment should be applied to the Securities Law of People’s Republic of China (PRC) revised in 2005. In summary, I request a mitigated punishment.

Liu Langwen and his agent put forward in their statements and hearings: First, Liu Langwen does not belong to the person in charge who is directly responsible for the illegal disclosure of scientific and technological information of Star. It did not participate in the preparation of the 2019 annual report and was not responsible for the preparation of the 2020 annual report. The financial fraud of Star Technology is inspired by others, and the relevant decisions have nothing to do with Liu Langwen. The signing of relevant reports is based on the requirements of others and the company, and I believe that the audit of professional accounting institutions will be checked. Second, Liu Langwen, as a professional manager, has no internal motivation and requirements for financial fraud. After taking over as chief financial officer and chairman, he has taken corresponding measures and put forward corresponding plans to squeeze the water out of financial statements as much as possible. Third, my life is difficult and I can’t afford to pay a high fine. In summary, I request a lighter punishment.

Pan Qingshou and his agent put forward in their statements and hearings: First, Pan Qingshou did not organize and implement the illegal information disclosure, and was unaware of the illegal information disclosure of Star Science and Technology, so he was not directly responsible; Second, Pan Qingshou did not participate in the company’s production, operation and management, but signed it under the impetus of others based on the professional opinions confirmed by financial personnel and audit institutions. In summary, I request exemption from punishment.

Yang Shuming and his agent put forward in their statements and hearings: first, inform the facts in advance that they are wrong. Yang Shuming has no illegal motive for making fraud, and all the fraud behaviors he has carried out are arranged by the company leaders and only play a secondary role. His behavior is a duty behavior, and the relevant responsibilities should be borne by the company and should not be recognized as the directly responsible personnel. Second, Yang Shuming has a variety of mitigating circumstances. He has repeatedly verbally requested to stop illegal activities; Cooperate with the company to take remedial measures, actively cooperate with the investigation of illegal acts, make meritorious deeds, and reduce harmful consequences. Third, the illegal acts in this case occurred in 2019 and 2020, and the Securities Law before the revision should be applied. To sum up, I request a reduction or exemption from punishment.

In her statement and defense, Chen Meifen pointed out that, first, I did not have the substantive management authority of the chief financial officer in 2019, and I did not understand the relevant situation of the 2019 annual report. In order to ensure a smooth transition, he left his post on June 9, 2020 after signing the 2019 annual report. Second, during his tenure, he actively fulfilled his due diligence obligations in accordance with regulations; Third, I can’t afford a fine of 800,000 yuan. In summary, I request exemption from punishment.

After review, I will think that:

(a) about Liu Jianxun’s statement and defense.

First, Liu Jianxun organized the company’s "annual report working group" to "beautify" financial statements; Signed the Business Intermediary Cooperation Agreement and the Decision on Data Adjustment of the Company’s 2020 Annual Report with the cooperative counterfeiting unit, and the evidence on file is sufficient to prove its illegal behavior in organizing and implementing Star Science and Technology information disclosure. Its defense that people are instructed to engage in illegal acts and have no subjective fault cannot be established.

Second, the total inflated profit of Star Technology in 2019 accounted for 761.20% of the total profit disclosed in the current period, which had serious harmful consequences. Star Technology’s self-examination and correction of accounting errors occurred after Liu Jianxun left his post in August 2021, but he did not take the initiative to eliminate or mitigate the harmful consequences of illegal acts, which did not meet the statutory mitigation or exemption from punishment.

Third, Star Technology’s 2019 annual report was disclosed on April 20, 2020. The illegal information disclosure occurred after the Securities Law revised in 2019 came into effect. It is not improper for me to apply the Securities Law revised in 2019.

(2) defense opinions about Liu Lang’s question

First, as the then financial director and chairman of Star Technology, Liu Langwen was a member of the company’s "annual report working group", and cooperated with the capital operation of "financial beautification" to organize and implement the illegal information disclosure of Star Technology. Liu Langwen’s defense of "squeezing the water in financial statements as much as possible" also proves that he knows and participates in illegal information disclosure. The excuse that it is not responsible for the preparation of the 2020 financial report, is instructed by others, and has no motivation for financial fraud cannot be established.

Second, we have comprehensively considered Liu Langwen’s illegal facts and his position and role in engaging in illegal acts, and made administrative penalties according to the facts, nature, circumstances and social harm of his illegal acts. There is nothing wrong with the amount of punishment.

(3) Arguments about Pan Qingshou

First, Pan Qingshou, as a member of the company’s "Annual Report Working Group", was responsible for internal and external coordination and organized and implemented the illegal information disclosure of Star Technology. Its defense that it did not organize the implementation of relevant illegal acts and did not know the relevant situation of Star Technology could not be established.

Second, Pan Qingshou, as the then director and general manager of Star Technology, should fulfill his duty of diligence, pay necessary attention to the relevant situation of the company, and ensure that the contents of the relevant annual report signed by him are true, accurate and complete. Believing in professional advice and signing under the impetus of others are not excuses.

(four) about Yang Shuming’s statement and defense.

First, Yang Shuming took the initiative to put forward the way of financial fraud, and was responsible for contacting relevant entities to cooperate with financial fraud, and coordinating the financial personnel of subsidiaries to implement it internally. Yang Shuming plays a major role in the illegal activities of Star Science and Technology Information Disclosure, and is one of the main participants and implementers of the illegal activities of Star Science and Technology Information Disclosure. The defense reasons such as performing duties and only playing a secondary role are not established.

Second, Yang Shuming’s cooperation in accounting error correction and investigation of Star Science and Technology in 2021 has been taken into account in the penalty.

Third, the illegal disclosure of Star Science and Technology information occurred after the Securities Law revised in 2019 came into effect, so it is not improper for me to apply the law.

(five) about Chen Meifen’s statement and defense.

As the then chief financial officer of Star Technology, Chen Meifen should take the initiative to understand and continuously pay attention to the company’s production, operation and financial situation. Chen Meifen said that she didn’t know the relevant details of the 2019 financial statements, but she still signed the 2019 annual report of Star Technology as the chief financial officer, which is a performance of not being diligent and conscientious. I will make administrative punishment based on the facts, nature, circumstances and social harm of the illegal acts of the parties concerned, and there is nothing wrong with the amount of punishment.

To sum up, I will not accept the opinions of the above parties.

According to the facts, nature, circumstances and social harm of the illegal acts of the parties concerned, and according to the provisions of the second paragraph of Article 197 of the Securities Law, I will decide:

1. Give a warning to Jiangxi Star Technology Co., Ltd. and impose a fine of 6 million yuan;

2. Give warnings to Liu Jianxun, Pan Qingshou and Liu Langwen, and impose fines of 4.5 million yuan respectively;

3. Give a warning to Yang Shuming and impose a fine of 3 million yuan;

4. Zhang Shaohuai and Chen Meifen were given warnings and fined 800,000 yuan respectively;

V. Li Juan, Wang Jun and Dong Shenglian were given warnings and fined 500,000 yuan respectively.

The above-mentioned parties shall remit the fine to the bank of China Securities Regulatory Commission: the business department of China CITIC Bank Beijing Branch (A/CNo.: 711101018980000162) within 15 days from the date of receiving this penalty decision, and the bank will directly turn it over to the state treasury, and send a copy of the payment voucher with the name of the party to the office of the Administrative Punishment Committee of China Securities Regulatory Commission for the record. If a party refuses to accept this punishment decision, he may apply to China Securities Regulatory Commission for administrative reconsideration within 60 days from the date of receiving this punishment decision, or bring an administrative lawsuit directly to the people’s court with jurisdiction within 6 months from the date of receiving this punishment decision. During the period of reconsideration and litigation, the above decision shall not be suspended.

China Securities Regulatory Commission

July 21, 2023

　　[Everyone talks about green development]

　　Author: Gu Yaqing (researcher at the Research Base of Anhui Provincial Party School [Anhui Administration College], Socialism with Chinese characteristics Theoretical System Research Center, Anhui Province)

　　The Yangtze River is the river with the richest biodiversity in China, with more than 4,300 species of aquatic organisms. Its unique ecosystem plays an irreplaceable role in maintaining biodiversity and ecological balance and ensuring national ecological security. At the same time, the Yangtze River is also a treasure house of aquatic germplasm resources in China, which has always been regarded as the original seed base and natural gene bank of economic fish.

　　However, for a long time, over-utilization of resources, engineering construction, environmental pollution, population growth and other factors have seriously threatened the survival of species resources in the Yangtze River, and the biodiversity of the Yangtze River has continued to decline. On March 1, 2021, the Law of People’s Republic of China (PRC) on the Protection of the Yangtze River came into effect, regulating the restoration of the ecological environment, and stipulating that the state should implement systematic management of the ecosystem of the Yangtze River basin, which is mainly based on natural restoration and combines natural restoration with artificial restoration; In the same year, the Ministry of Agriculture and Rural Affairs issued the Implementation Plan for Biodiversity Protection in the Yangtze River (2021— 2025) … … A series of laws, regulations, policies and measures have been promulgated, and local governments have actively implemented them. The biodiversity protection of the Yangtze River has entered a new historical period.

　　The process of mainstreaming biodiversity protection in the Yangtze River has been accelerated.

　　In recent years, the mainstream trend of biodiversity protection in China has been continuously strengthened. In December 2022, the 15th Conference of the Parties to the Convention on Biological Diversity adopted the Kunming-Montreal Global Biodiversity Framework, which drew a new blueprint for global biodiversity governance. In this context, biodiversity protection in the Yangtze River is also in the trend of mainstream promotion. In the great protection of the Yangtze River, from the integrated protection and restoration of mountains, rivers, fields, lakes, grass and sand to the promotion of green production and lifestyle, we need to make overall consideration and systematic promotion, aiming at gradually improving and restoring the ecosystem, enhancing the service function of the ecosystem and promoting the restoration of biodiversity. Therefore, the provinces and cities along the Yangtze River have taken active actions to strengthen the remediation of sewage outlets entering the Yangtze River, strengthen the protection and restoration of the ecological environment in the basin, improve the mechanism of capital investment and compensation, and work together to promote the protection of biodiversity in the Yangtze River. Especially in the protection of aquatic biodiversity in the Yangtze River, they have successively implemented actions such as "ten-year fishing ban", strengthening the protection of aquatic wildlife, organizing the monitoring of aquatic biological resources in key waters, and strengthening the protection of important habitats of aquatic organisms. The overall ecological environment in the Yangtze River Basin has been effectively improved, and the passive situation of biodiversity decline has been curbed.

　　Positive Effects of Diversity Protection from "Smiling Angels"

　　Since 1980, the population of Yangtze finless porpoise has rapidly declined. Relevant surveys show that the number of Yangtze finless porpoises was more than 2,700 in 1991, and only 1,012 were left in 2017. In 2021, the Yangtze finless porpoise was upgraded from a second-class protected wild animal to a first-class protected wild animal. In 2022, the scientific investigation of the Yangtze finless porpoise population organized by the Ministry of Agriculture and Rural Affairs showed that the number of Yangtze finless porpoises was 1,249. Compared with the scientific investigation in 2017, the number of finless porpoises increased by 23.42% in five years, and the population stopped falling and rebounded, showing a recovery growth.

　　In order to protect the Yangtze finless porpoise, a rare and endangered species, government departments and protection workers at all levels actively carry out three major protection measures: in-situ protection, ex situ protection and artificial breeding. China has established five ex-situ conservation groups of finless porpoises in Swan Island National Nature Reserve in Hubei, the new Yangtze River Silla National Nature Reserve, Hewangmiao Hunan Integrated Ridge Provincial Nature Reserve, Tongling Freshwater Dolphin National Nature Reserve in Anhui, and Anqing Xijiang Yangtze finless porpoise ex-situ conservation base. On July 5, 2023, the world’s first Yangtze finless porpoise, Taotao, celebrated its 18th birthday. After artificial breeding, "Taotao" has successively bred two Changjiang Dai finless porpoises "Hanbao" and "Xiaojiujiu" in Wuhan Baiju Dolphin Museum. Relevant data show that 13 nature reserves related to the Yangtze finless porpoise protection have been established in the Yangtze River basin, covering 40% of the Yangtze finless porpoise distribution waters and protecting nearly 80% of the population. In addition, with the establishment of "Yangtze finless porpoise protection network" and the strengthening of scientific and educational publicity activities, the public’s awareness of protecting the ecological environment of the Yangtze River has also been greatly improved. In recent years, people often see the "smiling angel" finless porpoise jumping by waves and splashing water in the waters of the main tributaries of the Yangtze River, which is also a strong proof of the phased achievements in the protection of the finless porpoise of the Yangtze River.

　　Plan and advance with a higher position, wider vision and greater strength.

　　Biodiversity reflects the essence and characteristics of ecosystem and is one of the fundamental indexes to evaluate the quality of ecological environment. As an important gene bank of species and living bank of natural aquatic resources in China, the biodiversity protection of the Yangtze River needs to be planned and promoted with a higher position, wider vision and greater efforts.

　　Optimize the spatial pattern of biodiversity protection and properly handle the relationship between protection and development.Coordinate the delineation and control of the three control lines of ecological protection red line, permanent basic farmland and urban development boundary, work out and implement the special plan for ecological protection and restoration of land space on the basis of the overall planning of land space, optimize and adjust the scope and functional zoning of nature reserves, and improve the construction of nature reserves system with national parks as the main body. At present, the vague understanding of "ecological protection restricts economic development" still exists, the overall planning of a few nature reserves conflicts with the overall planning of cities, the establishment of nature reserves has unreasonable functional zoning and overlapping phenomena, and some nature reserves have frequent human activities. Therefore, it is necessary to correctly treat the stage difficulties and long-term goals, correctly handle the relationship between protection and development, strengthen the comprehensive management of grass and sand in landscapes, forests, fields and lakes, rationally utilize ecological resources, promote the value transformation of biodiversity resources, actively explore the path of marketization to realize the value of high-quality ecological products, and form a good mechanism for sustainable utilization of biodiversity.

　　Pay attention to and accelerate the background investigation of biodiversity.At present, the overall trend of the decline of biodiversity in the Yangtze River has not been effectively curbed, and when biodiversity protection is carried out in various places, due to the unclear background, there is a lack of clear understanding of the target object and scope of biodiversity protection in the Yangtze River. Up to now, Yangtze River Fisheries Research Institute of Chinese Academy of Fishery Sciences has set up Chongqing Experimental Station of National Agricultural Science and Wuhan Experimental Station of National Fishery Resources and Environment, and Jiangsu, Hubei, Shanghai, Anhui and other provinces and cities have also carried out background surveys on biodiversity, striving to find out the background of biodiversity in the Yangtze River, grasp the dynamics and identify problems, and provide scientific basis for formulating policies related to biodiversity protection and enhancing the diversity, stability and sustainability of ecosystems.

　　Strengthen the effective connection of biodiversity protection in the whole basin and the functional coordination between departments.As the largest river in China, the Yangtze River has its main stream flowing through 11 provinces (autonomous regions and municipalities directly under the Central Government) and its tributaries extending to 8 provinces and autonomous regions. The biodiversity conservation area of the Yangtze River spans multiple administrative regions, and involves many departments, such as ecological environment, natural resources, forestry, agriculture, geology and minerals, water conservancy, ocean, public security, market, etc. In practice, it often happens that nature reserves span more than two administrative regions without a unified management organization, or although they have their own territorial management organizations, cross-regional management cannot be implemented due to administrative authority, resulting in timely and effective coordination and settlement of resource management and related affairs. Ecosystem diversity not only includes the diversity of ecosystem components, but also emphasizes the complexity of ecological processes and their dynamic changes. In the high-level protection of biodiversity in the Yangtze River, the whole basin needs to adhere to comprehensive management, systematic management and source management, break the shackles of administrative divisions, strengthen the coordination of tasks among functional departments, and clarify the relationship between powers and responsibilities, so as to keep the mother river alive forever.

　　Guangming Daily (October 14, 2023, 07 edition)

Porsche is testing prototypes for the redesigned Panamera, which could be the last model to feature an internal combustion engine.

The current Panamera, the second-generation model, was launched in 2017 and updated in 2021. Considering that the original Panamera has been on the market for about seven years, according to Porsche’s plans, we should see this Panamera debut as a third-generation model for the 2024 model year.

The redesigned Panamera will be based on the MSB platform, which is also debuting in the Panamera and supports Bentley’s Continental and Flying Spur models, but it may have an updated powertrain range. Although more powerful, the powertrain update is expected to focus on reducing emissions across the board, as well as increasing range and reducing the charging time of the plug-in hybrid powertrain.

The overall styling of the new third-generation Panamera will change, although this will be a subtle change, as is usually the case with Porsche. It is clear from the exposed test prototype that the headlights of the new car have a more square shape, which will also be equipped on the upcoming new Cayenne. In addition, a new interior design to match the Taycan’s higher-tech cabin is also planned.

As for the electric version of the Panamera, it has not yet been launched, but the electric version role is currently filled by Taycan, which is only a few inches shorter than the Panamera. Ultimately, while most Porsches will go electric in the future, the carmaker plans that by 2030, 80% of its sales will be electric vehicles, and the rest will be made up of Porsche 911 – Porsche’s final dance to the internal combustion engine.

　　On June 6, the Six Walnuts 2023 National Dealer Conference with the theme of "Marketing Upgrade · Brand Evergreen" was held in Tianjin. Many industry experts and national dealer representatives gathered together to discuss the development trends of cutting-edge industries. During the meeting, Six Walnuts released their future development strategies and marketing strategy deployment in the peak season of the Mid-Autumn Festival. With the attitude of gathering their peers, they sounded the horn of a comprehensive offensive to face the peak season of the Mid-Autumn Festival.

　　Experts point out that opportunities and challenges coexist. Six walnuts, as an industry-renowned 10 billion brand, continue to practice the principle of win-win for manufacturers, self-innovation and positive change. With the recovery of the market, they will be able to write a new chapter of high-quality development.

　　Phenomenal to sustainable redness, six walnuts achieve a century-old brand

　　Fan Zhaolin, general manager of Yangyuan Beverage, attended and addressed the conference. Industry experts such as Hua Shan, founder of Hua and Hua, professor Liu Chunxiong of Zhengzhou University, founder of New Marketing, and Lin Feng, chairperson of Jundu Consulting, shared cutting-edge views of the industry as guests.

　　After 26 years of wind and rain, Yangyuan and distributors joined hands to turn Six Walnuts from a large single product focusing on "mass nutrition" to the "category king" of walnut brain-boosting drinks, and created a commendable sales legend in the history of Chinese beverages. At this conference, Six Walnuts officially proposed the long-term development strategy of "100-year Yangyuan". Fan Zhaolin, general manager of Yangyuan Beverage, delivered a keynote speech on "Defining the end game and achieving 100-year Yangyuan". In the future, we will redefine the end game, continue to invest, and create a super category king. Through the comprehensive upgrade of products, brands, and marketing, combined with the competitive advantages of enterprises, we will continue to increase market sales and achieve brand evergreen.

　　In the history of the development of the fast-moving consumer goods industry, there have been many strong brands, but it is rare to see a century-old brand. The road to a century-old brand of Six Walnuts is not achieved overnight, let alone "born by luck". Hua Shan, the founder of Hua Yu Hua, said that rooted in the cultural mother, becoming the mother and strengthening the mother can build an evergreen foundation. The cultural mother of Six Walnuts comes from the deep-rooted walnut brain-building culture. Walnut brain-building is a traditional culture that has been passed down for thousands of years. In the future, often drinking six more walnuts with the brain will have at least a thousand years of vitality.

　　At the conference, Hua Shan started from the culture of "walnut brain" and interpreted the underlying logic of the "six walnut culture matrix" through super sign theory. He believes that the accumulation of "thousand-year traditional culture" is the emotional resonance and cultural resonance between brands and consumers in the depths of their hearts, awakening consumers’ potential cognition and health awareness, and injecting a steady stream of driving force into the six walnut brands in the future.

　　There are also experts from the nutrition industry who have deep resonance with this. Zheng Yulong, a member of the Chinese Nutrition Society and a national first-level nutritionist, answered the efficacy value of walnuts in a video, confirming from both nutrition and experimental research that walnuts can not only strengthen the brain, but also regulate blood lipids, antioxidants, anti-aging and other multiple nutritional effects. For walnut milk developed from walnuts, Zheng Yulong said that it is easier to drink and is also conducive to human absorption. Zheng Yulong recommended that you take six walnuts as a daily must-drink, providing a reasonable and feasible support for six walnuts to change from "optional consumption" to "daily rigid demand consumption".

　　If an enterprise wants to achieve brand longevity, brand power and product power are essential. It is necessary to have a "long-term clear strategy" from the brand, as well as the "value and quality" from the product being accepted by consumers. It is necessary to continuously advance the product power and brand power to step into the new opportunities under the industry change. Only then will such an enterprise be recognized by consumers in the market competition and enter the ranks of the evergreen brand.

　　Adapt to the era of consumer sovereignty, upgrade channel power and resource power, and deeply empower peak season sales

　　The core competitiveness of an enterprise is an ecological one. In addition to brand power and product power, channel power, organizational power, and resource power are also essential. The marketing model is a combination of the three forces.

　　China’s consumer market has fully entered the "consumer sovereignty era" from the "channel era". In today’s era of absolute dominance of independent consumption, FMCG brands can only maximize their satisfaction with consumer demand by constantly upgrading their marketing models. Six Walnuts’ in-depth distribution model has achieved brilliant and legendary results in the FMCG market. However, in the face of market changes in consumer demand diversification and channel fragmentation, Six Walnuts has actively responded and upgraded its marketing model to the two cores of "global in-depth distribution + full chain C-end operation". It is realizing the transformation of Six Walnuts from "gift consumption" to "daily rigid demand".

　　In this regard, the founder of New Marketing, Professor Liu Chunxiong of Zhengzhou University, gave high praise. He said that "Six Walnuts will increase the promotion of" BC integration "on the basis of doing a good job in the" large circulation "of traditional channels, relying on the whole population product matrix of Six Walnuts, which is of epoch-making significance." He predicted that Six Walnuts can achieve in-depth communication with consumers through the traditional model + BC integration, and actively change and have the courage to break through in the next step of market competition. In the future, marketing upgrades will surely be achieved and market brilliance will be created again.

　　For the marketing model of "full-chain C-end operation", Lin Feng, chairperson of Beijing Jundu Consulting Company and CEO of Chain One Chain Network Technology, also made an in-depth interpretation. He said that in reconstructing the global full-chain marketing model in the era of consumer sovereignty, Yangyuan Beverage relies on six walnut 2430 series products to carry out C-end operation, launch a marketing model upgrade strategy, lay out the new era consumer market, and complete the C-end operation transition from "focusing on large circulation" to "global deep distribution". New breakthroughs will surely occur.

　　At the end of the conference, in order to face the Mid-Autumn Festival peak season market, Six Walnuts officially announced the "Mid-Autumn Festival Peak Season Marketing Strategy Deployment", which brought more detailed tactics to dealers in terms of marketing, channels, products, services, etc., to complete the brand’s all-round consolidation and implement the actions.

　　Industry experts believe that as the "industrial wind vane" of the plant protein industry, Six Walnuts deeply understand that development requires long-term approach, patience in terms of time length, strategy in terms of pattern height, and focus in terms of industry depth. The successful holding of the Six Walnuts 2023 dealer conference has allowed everyone to see its ability and confidence, original intention and persistence, which means that Six Walnuts will open a new chapter of cohesion, co-construction and sharing, and will surely usher in a better win-win situation for manufacturers in the future.

With the release of Xiaomi 14, the price of 3999 yuan is still increasing without increasing the price. Lei Jun said that it may be the last time he saw 3999 yuan. This time, the upgrade of Xiaomi 14 is also very comprehensive, so what are its core upgrade highlights? Next, let’s take a look at it and see if it’s your dish.

In terms of performance, Snapdragon 8Gne3 can be said to have almost no rivals, and directly turned over Apple A17 Pro. At the same time, Xiaomi 14 also has LPDDR5X+UFS 4.0. With the cooling technology of annular cold pump, the game performance of Xiaomi 14 is also very strong. Among them, for 30 minutes, the temperature of the mobile phone was only about 43.2 degrees, but the frame rate was stable at 59.53 frames. I like to play games with a small screen mobile phone, and it’s really stable this time.

The screen size is still a 6.36-inch straight screen, which is comfortable to hold with one hand. Using Huaxing C8 screen, 1.5K resolution, 1-120HzLTPO variable refresh rate, local peak brightness of 1200nit, various eye protection and dimming blessing, the narrowest frame, 8.29mm thickness and 193g weight. This feel is really unmatched.

The camera is also fully upgraded, with a 32 million self-portrait neck brace in front and three 50-megapixel lenses in the rear. The main camera is 900, 1/1.31 inch of its own light and shadow hunter. Xiaomi 14 has dual OIS, Leica Summilux lens and F1.6 super aperture. Both telephoto and wide-angle are Samsung JN1 lenses, which support long-angle macro and floating telephoto. The performance does not lose the Pro version of Friends.

In other aspects, the battery capacity is 4610mAh, 90W wired fast charging, 50W wireless fast charging, 10W reverse wireless, and the surge P2 and surge G1 chips are all blessed. The detailed configuration is also a lot. Including infrared, NFC, IP68, customized version of X-axis motor, USB 3.2, WiFi 7, dual speakers and so on.

At the price, 8+256GB is still 3999, 12+256GB 4299, 16+512GB 4599, 16GB+1TB 4999. The price has not increased compared with the previous generation, but the storage has greatly improved compared with the previous generation. From the upgrade point of view, Xiaomi 14 is indeed very conscientious. Including storage, screen, performance, battery life, fast charge, face value, etc., it is indeed a 360-degree comprehensive upgrade. It is no wonder that the first pre-sale and some versions were snapped up. Did you buy Xiaomi 14?

　　Every morning morning, an overview of the big events yesterday morning.

"Smart Things" Morning Post No.1133

　　Tuesday, January 08, 2019

　　# Today’s news #

　　1. Qualcomm launched the third generation Snapdragon intelligent cockpit chip platform.

　　Zhidx reported in Las Vegas on January 7th that the day before the official launch of CES 2019, Qualcomm launched the third-generation Snapdragon smart cockpit chip platform, including three products: entry-level, intermediate-level and advanced. The platform is equipped with Qualcomm’s new generation AI engine, Hexagon DSP, fourth generation Kryo CPU, Spectra ISP and sixth generation Adreno GPU.

　　It is worth mentioning that in DSP, Qualcomm also uses HTA tensor accelerator and HVX vector extension kernel, which can greatly improve the AI computing power-this is a heavy AI scheme that Qualcomm smashed when Snapdragon 855 was released a while ago.

　　2. Tesla Super Factory Shanghai Lingang officially started construction.

　　On the afternoon of January 7th, Tesla Giga Shanghai officially started construction in Lingang Industrial Zone. The annual production scale of the first phase of the factory is 250,000 pure electric vehicles, including Model 3 and Model Y series models. Tesla CEO Musk said that the Shanghai factory will have an initial production capacity by the end of this year, and the capacity for large-scale manufacturing will be formed next year. Tesla Super Factory integrates R&D, manufacturing, sales and other functions, and the annual production capacity will reach 500,000 pure electric vehicles after it is completed and put into operation.

3. The number of exhibitors in China in CES 2019 decreased by more than 20%.

　　On January 7th, it was reported that the registration figures tracked by Hong Kong media showed that at CES 2019, the number of China enterprises that bought booths to display the latest technology decreased by more than 20% compared with last year. However, among the 4,500 exhibitors, China enterprises still account for more than a quarter, second only to the United States.

　　# Artificial Intelligence #

　　1. AMS develops 3D face recognition function with contempt technology.

　　On January 7th, it was reported that Austrian sensor manufacturer AMS will cooperate with China software developer Face++ to develop a new 3D face recognition function for smart phones. At present, AMS is an optical sensor supplier for Apple’s iPhone.

　　2. Tuya Technology’s A round of financing tens of millions of Jinshajiang Venture Capital led the investment.

　　On January 7 th, it was reported that Tuya Technology recently completed tens of millions of A-round financing. This round of financing was led by Jinshajiang Venture Capital, and the new capital followed the investment. The old shareholders Temasek Group Xiangfeng Investment, Magic Capital, Ralph Venture Capital and Angel Bay Venture Capital continued to increase. It is reported that Tuya Technology was established in December 2016, focusing on the field of image and video compression, and using AI algorithm to save the storage cost and bandwidth cost of video for enterprises.

　　3. Shang Tang ICLR 2019 paper proposes random architecture search.

　　On January 7th, it was reported that in ICLR 2019 paper "SNAS: Stochastic Neural Architecture Search", Shangtang Technology proposed the Random Neural Network Structure Search (Snas). According to reports, compared with the reinforcement learning-based method (ENAS), the search optimization of SNAS is differentiable and the search efficiency is higher. Compared with other differentiable methods (DARTS), SNAS directly optimizes the objective function of NAS tasks, and the deviation of search results is smaller. In addition, this paper also proposes to optimize the expectation of network loss function and the expectation of network forward delay at the same time, and automatically generate hardware-friendly sparse networks.

　　4. UMC withdraws engineers to stop DRAM research and development.

　　According to reports from the industry, more than 100 memory talents from UMC’s DRAM research and development team for Fujian Jinhua have returned to Taiwan Province and transferred to Warburg Pincus and other big factories. This is the first case of a large-scale return of semiconductor talents to land since the beginning of 2019.

　　People in the industry believe that with the stalemate in the US-China trade war, Taiwanese businessmen have plans to withdraw from the mainland one after another considering the high uncertainty of receiving orders from the mainland in the future, and the US has vigorously blocked Chinese mainland from developing semiconductors, which has greatly weakened the magnetic attraction effect of local talents, and more talents from the mainland may return to Taiwan Province in the future.

　　5. Huawei shipped 918,000 servers in 2018.

　　On January 7th, it was reported that Qiu Long, president of Huawei’s intelligent computing business department, said at the conference of Huawei’s Kunpeng chips and servers that Huawei’s servers shipped 918,000 units in 2018, a 12-fold increase from 77,000 units in 2012, and the cumulative shipments in 2012-2018 exceeded 3.56 million units.

　　6. Huawei launched the ARM architecture server chip Kunpeng 920.

　　On January 7th, Huawei announced the launch of a new processor for servers-Kunpeng 920, which adopts 7nm manufacturing process and is based on ARM architecture. In addition, Huawei also released a TaiShan server based on Kunpeng 920. Xu Wenwei, director of Huawei and president of strategic Marketing, said that Huawei released Kunpeng 920 and TaiShan server this time, which are mainly used in big data, distributed storage and ARM native applications.

　　7. NVIDIA pushes new GPU RTX 2060 for $349.

　　On January 7th, NVIDIA released a new entry-level GPU RTX 2060 with ray tracing technology at CES 2019, which is another new model of Turing-based GPU in NVIDIA after RTX 2070, 2080 and 2080 Ti, and the price starts from 349 USD (about RMB 2,400).

　　NVIDIA CEO Huang Renxun said that RTX 2060 will provide higher game performance than 1070 Ti and 60% faster than GTX 1060. In addition to the unique RTX Core, this GPU comes with 6G DDR6 memory and 240 TensorCores.

　　# New trip #

　　1. Ali released the top ten development trends of the automobile industry in 2019.

　　On January 7, Alibaba released the top ten development trends of the automobile industry in 2019. It is predicted that in terms of autonomous driving, L3 self-driving cars will enter a period of rapid development, and high-precision positioning will usher in the first year of on-board application; In terms of intelligent network connection, the automobile industry will enter the first year of operation, and the software will redefine the car; In terms of OEMs, the new forces of building cars must produce products, and the construction and operation of big data platform will become the new core competitiveness of OEMs.

　　2. Baidu 2019 CES will launch Apollo 3.5 open platform.

　　On January 7th, it was reported that Baidu will hold the US market of Baidu World Congress, and bring the latest commercial products of Apollo autopilot, Apollo3.5, small intelligent hardware products, Baidu AI Cloud and other Baidu AI technologies and products to the 2019 CES. At the same time, Baidu will release the Apollo3.5 open platform, which can realize unmanned driving of complex urban roads including downtown and residential scenes.

　　3. Volkswagen said that it will establish a research and development center in China.

　　On January 7th, it was reported that Volkswagen said it would set up a research and development center in China. In 2018, the sales volume of Volkswagen in China will increase by about 20,000 vehicles, and it is expected that the sales volume of China automobile market will decrease in the first half of this year.

　　4. Geely’s sales in 2018 exceeded 1.5 million units, an increase of about 20% year-on-year.

　　On January 7th, the news of Smart Things, Geely Automobile announced that the total sales volume of Geely Automobile in China market in December 2018 was 86,298 units, down about 44% year-on-year. In 2018, the total annual sales volume of Geely Automobile exceeded 1.5 million vehicles, up about 20% year-on-year, and reached 95% of the company’s annual sales target of 1.58 million vehicles in 2018.

　　5. Grab’s total strategic investment reached $175 million.

　　On January 7th, it was reported that Tokyo Century Corp confirmed to add strategic investment to Grab, a taxi platform in Southeast Asia, with a cumulative investment of US$ 175 million.

　　6. Foreign media: Uber sells its Singapore car rental subsidiary.

　　On January 7th, according to the Sunday Times, Uber sold its car rental subsidiary in Singapore to a joint venture company, further divesting its local business, which cost about S $350 million (US$ 257 million), including about 8,000 cars.

　　7. Baiteng announced the interior scheme of the first production car M-Byte.

　　On January 7 th, at the press conference before the CES show held this morning in Beijing time, Baiteng announced more product details of its first production car, Byton M-Byte. In the formal mass production scheme, Batten’s iconic 48-inch "full screen" was retained, while the screen scheme on the steering wheel was adjusted based on safety requirements. According to the plan, Baiteng’s M-Byte model will be officially unveiled in mid-2019 and will be put into production at the end of this year.

　　8. Musk started construction of Tesla Shanghai factory in China today.

　　On January 7th, the Beijing News reported that Tesla CEO Elon Musk said on Twitter that he was looking forward to the groundbreaking ceremony in Tesla Giga Shanghai today. It is reported that Musk arrived in Shanghai yesterday, and the groundbreaking ceremony of Tesla Giga Shanghai (Phase I) will be held this afternoon.

　　In addition, according to Bloomberg News, Musk said that the Tesla Shanghai factory aims to complete the initial construction of the factory this summer and plans to start production of Model 3 at the end of the year. Musk said that Model 3 and Y produced by Tesla’s Shanghai factory will be supplied to Greater China.

　　# Smart Home #

　　1. Samsung TV users will be able to access Apple iTunes content.

　　On January 7th, local time on Sunday, Apple announced the establishment of a cooperative relationship with Samsung. Soon, users of Samsung Smart TV will be able to access iTunes movies and TV content. Airplay 2 will also support iPhone and iPad users to send content from their mobile phones to TVs.

　　2, Xiaomi released a new small love speaker HD price of 599 yuan.

　　On January 7 th, it was reported that Xiaomi launched a brand-new "Little Love Speaker" product-Little Love Speaker HD. This product is currently the highest-end smart speaker in Xiaomi, equipped with Xiaomi voice assistant Xiao Ai. This is also the fourth smart speaker product equipped with Xiaoai students after Xiaomi AI speaker, Xiaomi Xiaoai speaker mini and Xiaomi Xiaoai Bluetooth speaker portable version. The speaker is priced at 599 yuan and will be put on Xiaomi Mall in the near future.

# Robots/drones #

　　1. The robot company Boxin Technology Pre-A rounds tens of millions.

　　On January 7 th, it was reported that Boxin Technology, a robot company with heavy-duty truss handling, recently announced that it had obtained tens of millions of pre A rounds of financing. This round of financing was led by Qingkong Ginkgo, followed by Meihua Venture Capital and Kexin Capital. Wu Yuexin, founder and chairman of Boxin, said that the financing will be mainly used to establish and upgrade the product standardization system and promote its service capabilities in the fields of automobiles, machine tools, construction and transportation, and intelligent warehousing.

　　# Communication circle #

　　1. Huawei opened its first flagship store in Saudi Arabia.

　　On January 7th, according to foreign media reports, Huawei announced the opening of its first flagship store in Saudi Arabia, which is also the largest store in the Middle East and Africa. At the opening ceremony in Riyadh, Sultan Mofti, Deputy Director of Investment of Saudi Arabia General Investment Bureau, said that Huawei is committed to training Saudi talents through training programs such as STEP, which aims to train 10,000 Saudi talents by 2020. In 2016, Huawei became the first China company to acquire a 100% stake in Saudi Arabia.

　　2. Indian Telecommunications Minister: No intention to ban the purchase of Huawei network equipment.

　　On January 7th, according to the Indian Business Line, a few days ago, Indian Telecommunications Minister Manoj Sinha said in a written reply that there is no proposal to ban telecom equipment made by Huawei in China.

　　3. Samsung lowered the output target of smart phones this year to 290 million units.

　　On January 7th, according to Korean media reports, Samsung Electronics lowered its smartphone production target in 2019 to about 290 million units, about 10% lower than the initial plan made in November last year, reflecting weak sales. Samsung shared its production plan with its partners. Since 2013, the annual shipment of Samsung smartphones has exceeded 300 million units.

　　# Apple Pie #

　　1. Apple will close the smallest retail store in Japan for 13 years.

　　On January 7th, according to the notice published on Apple’s website in Japan, Apple will close its retail store in Yemachi, Sendai in the near future. This store is Apple’s smallest retail store in Japan and one of the smallest stores in the world. Apple’s retail store in Sendai City, located in the shopping area of Yimachi, opened on December 10th, 2005. At that time, it was Apple’s sixth retail store in Japan.

　　2, foreign media: iPhone XI or will be equipped with a rear three-camera.

　　On January 7 th, according to foreign media reports, the early renderings show that Apple’s next flagship smartphone, the iPhone XI, which will be launched this fall may be equipped with three cameras on the back. According to sources, all the iPhone that Apple will launch in 2019 are still in the stage of engineering verification and testing, so the actual specifications may change. As usual, the company may choose to release it in September this year.

# New progress #

　　1. The sale of major assets of TCL Group was approved by the shareholders’ meeting.

　　On the afternoon of January 7th, TCL Group held the first extraordinary shareholders’ meeting in 2019, which divested smart terminal businesses such as consumer electronics and home appliances and related supporting businesses, and focused on the major asset sale scheme with Huaxing Optoelectronic Semiconductor Display Industry as its core business, and finally succeeded in getting through the customs. At the extraordinary shareholders’ meeting, all 14 proposals related to this major asset sale plan were passed by voting, involving a total capital of 4.76 billion yuan.

　　2. Ali: Ma Yun never transferred or withdrew from Taobao’s shares.

　　On January 7 th, in response to the market rumors that Ma Yun cleared Taobao’s shares, Alibaba Group issued a statement saying: Ma Yun has never transferred or withdrawn from Taobao’s shares, and he has no intention of doing so; This is a very normal and common technical and legal operation in any company management process; Such adjustment will further promote the transparency and openness of Alibaba’s management, which will only benefit the company’s future.

　　3. Amazon’s share price hit its biggest quarterly decline in 10 years in Q4 last year.

　　On January 7 th, according to CNBC, Amazon’s share price plummeted by 25% in the fourth quarter of last year, the biggest quarterly decline since 2008. Despite this, Wall Street analysts are as optimistic as ever and expect the company’s share price to rebound in 2019. According to FactSet data, among the 42 analysts who rated the stock, 41 suggested "buying" the stock.

　　4. The total amount of venture capital financing of American enterprises in 2018 was 99.5 billion US dollars.

　　On January 7 th, according to GeekWire, an American technology media, in 2018, the financing scale of American startups hit a record high since the "Internet bubble" era in 2000. According to the MoneyTree report released by PricewaterhouseCoopers and CB Insights in the fourth quarter of last year, in 2018, the total venture capital financing of American start-ups reached 99.5 billion US dollars. The number of transactions with financing scale exceeding $100 million reached a record 184, up from 120 in 2017. In addition, in 2018, the valuation of 53 companies exceeded $1 billion, which also set a new record.

　　5. Ma Yun transferred the equity of Qing Taobao, and Zhang Yong took over.

　　On January 7 th, it was reported that the enterprise investigation showed that last Friday, Ma Yun and Xie Shihuang withdrew from the equity filing of Zhejiang Taobao Network Co., Ltd. and added Hangzhou Zhenxi Investment Management Co., Ltd. as the sole shareholder. Hangzhou Zhenqiang and Hangzhou Zhensheng each subscribed a registered capital of 2.5 million yuan, holding 50% of the shares. At present, Zhang Yong, Zhao Ying, Zheng Junfang, Tong Wenhong and Shao Xiaofeng each hold 20% shares in Hangzhou Zhenqiang and Hangzhou Zhensheng.

　　In this regard, Alibaba official said that this adjustment was disclosed in the annual report of July 2018. This adjustment does not involve the equity adjustment at the Alibaba Group level, nor does it affect the Alibaba partner mechanism. Ma Yun will still be a partner of Alibaba.

　　6. The Ministry of Industry and Information Technology will promote the development and application of a new generation of information technology.

　　On January 7 th, it was reported that Wang Xinzhe, chief economist of the Ministry of Industry and Information Technology, said that efforts should be made to promote the development and application of a new generation of information technology. Accelerate the pace of 5G R&D and commercialization, and promote the scale deployment of IPv6. In-depth implementation of intelligent manufacturing engineering to promote the deep integration of the Internet, cloud computing, big data, artificial intelligence and manufacturing. Accelerate the digital transformation of manufacturing industry, improve the level of digitalization, networking and intelligence of manufacturing industry, and make the digital economy bigger and stronger.

　　7. Los Angeles sued IBM for abusing user location data.

　　On January 7th, it was reported that the city of Los Angeles was suing IBM’s Weather Channel application. The city of Los Angeles accused IBM of using users’ detailed location data for accurate advertising and using these data to identify consumer trends for hedge funds, but at the same time it informed consumers that its data would only be used to provide weather forecasts in the region. The lawsuit did not accuse IBM of selling users’ personally identifiable data.

　　8. Sources: The detailed rules of science and technology innovation board will be issued in the first quarter as soon as possible.

　　On January 7th, it was reported that a person close to the Securities and Futures Commission revealed that the guidance and policies on science and technology innovation board’s landing were still in the works, and would be introduced as soon as the first quarter. He also said that although local governments have collected a lot of enterprise lists, the intermediary mode sponsored by brokers will not change in science and technology innovation board. "The financing function of A shares for the real economy is always in the first place." The above-mentioned people believe that this precondition determines that the launch of science and technology innovation board should also focus on this purpose.

　　9. Samsung Electronics’ quarterly profit may decline for the first time in two years.

　　On January 7th, it was reported that with the slowdown of market demand in China, Samsung Electronics will see its first quarterly operating profit decline in two years. Samsung will release its preliminary results for the fourth quarter on January 8, and according to analysts’ average forecast, Samsung’s operating profit for the quarter fell by 12% year-on-year to 13.3 trillion won (US$ 11.85 billion). The company’s profit for the whole year of 2019 will also decline.

　　10. Huami released AMAZFIT rice bracelet 2 for 299 yuan.

　　On January 7th, it was reported that Huami Technology released AMAZFIT rice bracelet 2. The bracelet has a 1.23-inch color touch screen, NFC bus card simulation in 163 cities, 50-meter swimming waterproof, music control and other functions, and uses the photoelectric continuous heart rate sensor and heart rate monitoring algorithm independently developed by Huami Technology. AMAZFIT bracelet 2 is currently priced at 299 yuan, and will be sold on platforms such as JD.COM and Tmall AMAZFIT flagship store on January 8th.

　　　 This article first appeared on WeChat WeChat official account: Wise Things. The content of the article belongs to the author’s personal opinion and does not represent Hexun.com’s position. Investors should operate accordingly, at their own risk.

　　CCTV News:Recently, the police in Chizhou, Anhui Province successfully cracked a "mega-Yangtze River mining case" supervised by the Ministry of Public Security, and arrested 39 suspects. These criminals illegally mined river sand in the Yangtze River for a long time, destroying the ecological defense line of the Yangtze River.

　　During the patrol in June last year, the police of the Water Branch of the Public Security Bureau of Chizhou City, Anhui Province found that ships often worked at night in the 243 red floating waters of Meilong section of Chizhou, the Yangtze River.

　　Liu Daoming, police officer of Chizhou Public Security Bureau’s "609 Yangtze River Illegal Mining" task force: "When our patrol boats approached this area, the equipment and lights on these boats immediately went out. When we got nearby, these boats were already dispersed in a hubbub, so we suspected that there were illegal sand mining activities in this area."

　　Illegal modification of cargo ships and crazy exploitation of river sand

　　Illegal mining of river sand is a serious hazard. A local task force was set up. Through investigation of the police, it was found that there were two illegal sand mining gangs in Chizhou section of the Yangtze River in Anhui Province.

　　Liu Daoming, police officer of Chizhou Public Security Bureau’s "609 Yangtze River Illegal Mining" task forceThrough investigation, we found that there are about four or five sand mining boats carrying out illegal sand mining activities in the 243 waters behind me. They usually choose to sand around two or three o’clock at night, and each sand mining time usually lasts about two to three hours.

　　After investigation, these two illegal sand mining gangs, without the permission of the relevant departments, ignored the ecological environment balance of the Yangtze River and the national regulations on mineral resources management, and used illegally modified sand mining boats to steal river sand in this water area.

　　Hu Xiaohua, Deputy Director of the Water Branch of Chizhou Public Security Bureau and Deputy Head of the "609 Yangtze River Illegal Mining" Task Force.: "Four or five thousand tons of river sand can be hit every night. Sand hitting at night has an impact on the waterway, and passing ships can only collide. Criminal suspects who illegally play sand often steal river sand by the river embankment, which is easy to cause the river embankment to collapse. "

　　Gangs have a strong sense of anti-investigation and use cash transactions.

　　The police investigation found that the two criminal gangs, headed by Shi Moumou and Zhou Moumou respectively, had a clear division of labor, some were responsible for piracy, some were responsible for contacting transportation, and others were responsible for lookout, and they had strong anti-investigation awareness. Most of them used cash transactions when selling river sand, which made it difficult for the police to handle cases.

　　Chen Lei, police officer of Chizhou Public Security Bureau’s "609 Yangtze River Illegal Mining" task force: "When lookouts find out that our law enforcement boats or law enforcement officers are out of the law enforcement base, they will use flashlights on the shore and pass ‘ Sweep the lamp ’ The way to inform the accomplices on board and let them evacuate in time. "

　　Fang Rui, a policeman of the "609 Yangtze River Illegal Mining" task force of Chizhou Public Security Bureau.: "They often buy some phone cards that are not registered with their real names on the Internet, and then insert them into the mobile phones of the elderly, so that they can contact each other when committing crimes. Once law enforcement officers and law enforcement boats get on board and staff members board the ship for inspection, they will quickly and promptly throw the old mobile phones into the river in order to avoid punishment."

　　The main members of the gang were brought to justice and the money involved was more than 1.2 million yuan.

　　After nearly half a year’s investigation, the task force grasped a large amount of evidence and information. In September and October last year, respectively, the suspects Zhou Moumou and Shi Moumou and the main members of their criminal gangs were arrested and brought to justice, and more than 1.2 million yuan of money was seized, and four ships were seized. Each of these sand dredgers has a pipe leading to the bottom of the river.

　　Chen Zhou, a policeman of the "609 Yangtze River Illegal Mining" task force of Chizhou Public Security Bureau.: "We see that the diameter of this pipe is about 40 cm. Like a relatively small boat behind me, it can reach the bottom of the river and collect more than 100 tons of river sand every hour. Like some more powerful sand mining boats we seized, it can collect more than 1,000 tons of sand every hour."

　　In January this year, He Moumou, the last suspect of the illegal sand mining gang, was arrested and brought to justice. At present, 33 of the 39 suspects arrested in this mega-Yangtze River mining case have been transferred for suspected illegal mining.

China football, every China fan feels mixed feelings when he mentions it.

Whenever the World Cup season comes, the China men’s soccer team is always in a way"spectator" and "joke"As a participant, but not as a participant.

Then, why in today’s international arena, China, as old as football civilization,But always lost to Europe, America and even Japan, which is also East Asia?

What’s wrong with this?Do we really have no DNA to play football?
The Development Course of Football in China

In 1992, this year was of special significance to China football.Marketization reformIn this year, the curtain was opened, which marked an important step towards the professionalization of football in China.

This made the whole football system become different, and the professional league was established, which provided new career opportunities for players and coaches.This also directly prompted them to start.Get economic returns from clubs and markets.Football has thus gained unprecedented attention.

However, the development of everything has two sides; Although the market-oriented reform has brought new vitality to China football, it is also accompanied by problems.

Among them,The most obvious problem is that many young players choose to leave because they are dissatisfied with the conditions of provincial and municipal teams, which leads to a large number of brain drain.; More importantly, the original reform paid too much attention to the construction of professional leagues, butForget the importance of basic training.This makes the development of football in China appear obvious "fault".

This fault problem has been exposed in the early stage, but it has not been paid enough attention.

If the infrastructure of a league is not stable, then no matter how dazzling it is, it is difficult to go far;This may explain why in the late 1990s and early 2000s,Although China football had a brief glory, it quickly fell into a downturn.

But,In addition to the above-mentioned professionalization and marketization issues, is there anyOther factorsIs it affecting the development of football in China?

These factors can be discussed from three aspects: physical fitness, technology and genes:

First of all, there are indeed differences between Asians and Africans or Europeans in physical strength and flexibility; But this difference is not purely determined by genes, and eating habits and training methods also play an indispensable role.

howeverBased on this factor alone, we can’t come to the conclusion that "China people are not suitable for playing football";

Looking back at last year’s World Cup, Japan successfully defeated the powerful German team, which clearly proved that East Asian teams can also compete with the world’s top teams.

Furthermore, football is not just a "European and American" sport; It is global, and its technology, tactics and ideas are constantly evolving on a global scale.

Simply copying the football model in Europe and America cannot guarantee success, and each region has its own unique football culture and development route;Too much pursuit of integration with Europe and the United States, but ignoring local characteristics, often brings bad consequences.

reviewAlthough China tried to imitate European football in the early stage of its professionalization, its basic work was ignored.

A solid foundation is the key to the top league. In this respect, countries like Japan and South Korea have done quite well.

They started from the foundation and gradually built a perfect football development system, with clear planning and continuous investment from youth training to top leagues.

The rise of Japanese football is largely due to their solid youth training system;Large-scale competitions such as the All-Japan High School Football Championship involve about 100,000 student players. Every year, about 4,000 teams participate in the preliminaries, and 48 teams are finally selected to enter the finals.

This is not only a competition, but also a platform to show yourself and exercise your skills. The Gaoyuan Palace Cup Japan Football Association U18 League has created a more professional stage for the youth teams of various professional clubs.

South Korea, another strong team in East Asia, is famous for its excellent physical confrontation and physical fitness;In the international arena, they can often show excellent competitive state in the confrontation with strong European teams.

South Korean star Sun Xingyu’s Premier League performance is undoubtedly the best proof.He is not only a player, but also a representative of Korean football innovation youth training;

The sports park invested and built by Sun Xingyuan in South Korea represents the new direction of Korean football-"Sun Xiongzheng mode" (Sun Xiongzheng is Sun Xingyuan’s father and a former football player in South Korea), which pays more attention to technology and basic skills.

Compared with Japan and South Korea, although their football road is different from ours, their success provides us with valuable enlightenment; Both Japan’s youth training system and South Korea’s innovative ideas on player training are worthy of our in-depth study and thinking.

At the same time,Our national team, especially the women’s football team., also has a remarkable performance on the international stage.

Compared with the men’s soccer team, why can they show better elegance in the international arena?

From the perspective of professionalism,China women’s football team is on a global scale.Degree of professionalismMore prominent;

In many countries, many women football players are stillAmateur state,But in our country, most women football players areprofessionalismofThis provides them with rich training time and helps them to form an advantage in technology and tactics.

Furthermore,Women’s football has relatively little commercial value.Make the players focus more on the performance on the court, rather than being influenced by commercial factors.This pure attitude towards the gameUndoubtedly, it has created a more pure competition environment for women football players.

On the other hand, although the men’s football team has gone through the road of professionalization, there are many problems in the promotion of marketization;

The most critical problem is the neglect of basic work.This has led to a great loss of football talents. Compared with women’s football team’s obvious attitude of paying attention to technology and basic skills, men’s football team seems to be subject to more external interference in the process of marketization.

When we look back on every glory of China women’s football team, we can deeply feel the efforts behind them; And every ups and downs of the men’s soccer team is a wake-up call, suggesting that we need to reflect deeply.

In the future, we hope that both men’s football team and women’s football team should cherish every opportunity to play, go all out, create more bright spots, win glory for our country, and bring joy and pride to every fan.

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References:

1. Why is the "national football" so smelly?
2. In-depth analysis, why is China football getting worse and worse, and where is the future development direction?
3. Japanese and Korean football tells us that confrontation is not a European patent, and yellow people can also have technology.
4. Ball Comment: Why is China Women’s Football Team so Strong? What is the real reason why men’s football is not as good as them?

Title 1: From the country of Cuju to the spectators today: Exploring the deep reasons why China football lags behind Europe, America and Japan.

Title 2: From ancient stadium heroes to today’s audience, the vicissitudes of football in China: where is the gap between us and Europe, America and Japan?

Title 3: The Battle of the Top Three in East Asia: Why did China lose to Japan because of the cultural background of football and the technical conflict between Europe and America?

Title 4: The glory and trough of football in China, exploring the real gap between us and Europe, America and Japan and the way of the future.

Title 5: The problem of China’s men’s football team and the glory of women’s football team: Exploring our football road, why is there such a gap with Europe and America?

On a summer day, the doll’s face changed just now, but it was sunny in Wan Li for a while. At this time, someone exclaimed that there was a "solar rain". At that time, the WeChat circle of friends was screened by a rare solar rain. Solar rain is a wonderful natural phenomenon that almost everyone has encountered, but have you ever wondered why this happened?

What is sun rain?

The phenomenon of "solar rain" is a weather phenomenon, which is called "discontinuity of horizontal distribution of precipitation" in meteorology. Solar rain usually occurs in summer, and it is more common in the south.

How is the solar rain formed?

First kind

The reason for the formation is that the rain generated by dark clouds in the distance is instantly blown to another place by high-altitude strong winds.

the second type

It is because two clouds with different charges collide with each other in the high altitude under the action of the solar wind, resulting in excessive water vapor content in the air in some areas, and the water vapor evaporates quickly due to solar radiation.

The third kind

The reason is that the weather suddenly changed and it began to rain. Before the rain from the sky landed, the clouds had disappeared, so although the weather looked sunny, it began to rain.

With rain, the sky stage is lively, and the blue sky is not so boring. We all know the formation of rain, and cloud is one of the most indispensable basic conditions. In fact, it takes a rather complicated physical process to change from cloud to rain!

Formation process of rain

Let’s look at the composition of clouds. Clouds are made up of a large number of invisible water droplets or ice crystals floating in the air, or a mixture of water droplets and ice crystals. From cloud to rain, it is actually a process in which water droplets or ice crystals grow and grow. Whether the cloud drops come down from the cloud after becoming larger is rain, snow or other forms, which mainly depends on the temperature inside and under the cloud. When the temperature in the cloud is above zero degrees Celsius, the cloud is completely composed of water droplets, and when the water droplets increase, they fall down, which is rain.Rain usually appears in four forms:

Types of rain

convectional rain

When the air is strongly heated, the hot and humid air expands and rises, and the rain formed by the cooling and condensation of water vapor in the air is called convective rain. The equatorial region is dominated by convective rain all year round, and the convective rain in our country is more common in summer afternoons.

orographic rain

Orographic precipitation was forced to climb along the hillside because the humid air was blocked by the mountain. In the process of rising, the water in the air cools and condenses to form precipitation. Such as precipitation in northeast India and southeast Tibet in China.

frontal rain

Two kinds of airflow with different properties meet, and the interface between them is called front. On the front, warm, wet and lighter air is lifted to the cold, dry and heavier air. In the process of uplift, the water vapor in the air cools and condenses, and the precipitation formed is called frontal rain.

Typhoon rain

Rainfall is a special form of rainfall, which usually occurs when a typhoon comes. The center wind force of a typhoon is generally very strong, and the maximum wind force can reach more than 12! The time of rainfall generally depends on the speed of typhoon movement, and the rainfall intensity is very large in a short time, accompanied by strong lightning and strong winds.

Source | Meteorology E New

Xinhua News Agency, London, November 1st (Reporter Zhang Wei) Arsenal and Manchester United both lost to opponents from the same Premier League on the 1st, and missed the quarterfinals of the English League Cup.

Arsenal played against West Ham United in London on the same day, and fell behind in the first half because of White’s careless own goal. "Arsenal" coach arteta bluntly said after the game that the ball directly influenced the development direction of the game. Since then, Arsenal, which has an absolute advantage in possession of the ball, has never been able to make a breakthrough. On the contrary, Kaddos added another point five minutes after the West Ham United Easy Side, extending the lead to 2-0. In the 60th minute, Bowen hit a long-range shot outside the penalty area. It wasn’t until the final stoppage time that Arsenal were pulled back by substitute Odegard, and the score was fixed at 1-3.

On November 1st, Arsenal coach Arteta looked depressed after the game. Xinhua News Agency/Reuters

Manchester United, who just suffered a home defeat in the Manchester derby last weekend, continued to sink at Old Trafford. Against Newcastle United, they conceded two goals in a row in the first half. In the 60th minute, Willock got rid of the defense with the ball in the frontcourt and hit the door to help the Magpie achieve a 3-0 victory.

Newcastle, who lost to the "Red Devils" in the Carling Cup final last season, took revenge, and their quarter-final opponent will be Chelsea who beat Blackburn 2-0 on the same day.

In addition, Liverpool beat Bournemouth 2-1 with goals from Gakpo and Nunez, and the quarterfinals will face West Ham United.