Wang Ying, General Manager of Chang Development: Investing and entrepreneurship are doomed to life, maintaining original intention and resilience, and only then can we always achieve success

Blooming female power, living up to the times. In recent years, more and more female investors have become the powerful helmsmen of venture capital institutions and investment ecological platforms. With their keen vision, they have discovered excellent entrepreneurs and invested in surprising projects. Recently, the 21st Century Business Herald, Financing China, Fund of funds Research Center and other institutions focused on the female groups in the front line of investment, and conducted the selection of the female investors list. Wang Ying, general manager of Chang Development, was on the list and won many honors such as "2022-2023 influential female investors", "2022 best female investors", and "2023 best female fund of funds investors Top 30".

Recently, the financial industry also launched a series of "Her Economy · Her Power" planning, conducted an in-depth interview with Wang Ying, general manager of Chang Development, and conducted in-depth discussions on hot topics such as the development of strategic emerging industries, financial support for the real economy, and young people’s entrepreneurship.

Wang Ying is the general manager of Chang Development. More than 10 years ago, she entered the investment industry and engaged in strategic investment, industrial investment and post-investment management in central enterprises. In 2015, Wang Ying became attached to Chang Development and created and managed the Changping District science and technology industry fund of funds, as well as the Changping District key scientific and technological achievements transformation and industrial project guidance fund. During this period, she invested in well-known enterprises such as Aibo Medical, Fanshengzi, Nuocheng Jianhua, and Baiji Shenzhou.

Key points to refine:

Through the fund of funds, equity funds and direct investment funds, Chang Development has invested in more than 30 direct investment projects. These enterprises are a combination of "leading scientists + serial successful entrepreneurs", with a very solid underlying technology platform, strong execution, and mature commercial application cases for actual scene needs, forming a growth driver and a manifestation of actual value.

In terms of empowering after investment, Chang Development has proposed a one-stop industrial ecological platform to help enterprises grow throughout the whole cycle. For example, it provides FA (financing acceleration) services for investee companies, uses fund of funds system to invest in sub-funds and other cooperative funds, and matches investment institutions for the next round of financing of investee companies; uses the resource advantages of industrial parks to provide industrial space bearers for the whole chain from early incubators to pilot production plants, and then to the headquarters of mature leading enterprises listed companies.

Whether it is a fund of funds or a direct investment fund, Chang Development’s investment is not limited to Changping. In the future, the park business will also be accompanied by the development needs of corporate customers to output some asset-light management service capabilities, releasing tentacles and links to a wider area.

Looking ahead to the next five years, healthcare, intelligent manufacturing, energy technology, and new generation information technology are all promising tracks for Chang Development. On these tracks, Chang Development not only hopes to capture some industry leaders in the Pre-IPO stage, but also pays attention to scientists or serial successful entrepreneurs in the early stage. Chang Development is willing to accompany them in the starting stage.

No matter whether it is entrepreneurship or investment, it is not a particularly easy task. It can be described as a life-or-death situation. Only by maintaining the original intention and staying resilient can we achieve success.

 

Drawing on white paper, creating and managing tens of billions of funds

As the trader of the government guidance fund, Wang Ying led Chang Development to gradually develop into a complex and comprehensive investment platform, helping the industrial integration and development of Changping region. She introduced: "On the one hand, Chang Development focuses on key industries in Changping, such as Future Science City, Life Valley, Energy Valley and Shahe Higher Education Park, focusing on key industries such as medicine and health, advanced manufacturing, energy technology, digital economy, etc., to carry out direct investment and indirect investment of the fund.

On the other hand, Chang Development also invests in industrial infrastructure, operates and manages an industrial park with a scale of 1 million square meters, covers the ladder carrier construction model of incubators, accelerators, crowd creation spaces, corporate headquarters, and professional industrial parks, and provides enterprises with professional technical thresholds and deep empowering technology services. "

Since 2016, Chang Development has managed two government guidance funds in Changping District as a manager, focusing on early-stage funds and projects. In November 2022, Chang Development improved the life cycle layout of fund of funds and started the establishment of fund of funds group in Changping science and technology industry. On the basis of existing fund of funds, mid-to-late fund of funds and S fund and other types of funds were added. The main participants are leading financial investment institutions in various industrial fields and leading enterprises inside and outside the region. According to the official introduction, as of now, the fund of funds system has more than 40 cooperative sub-funds in the fields of medicine and health, intelligent manufacturing, and pan-TMT, nearly 1,000 direct and indirect investment projects, more than 120 investments in Changping enterprises, and the amount of investment in Changping District is nearly 2.80 billion yuan.

Regarding the Changping technology industry fund of funds group, Wang Ying said: "The previous fund of funds was mainly based on early and medium-term investment. The upgrade of the fund of funds group will be extended to mid-to-late investment in the investment stage. In the matrix, key industry project guidance funds and self-managed brand direct investment funds will also be set up. At the same time, more equity investment institutions will be attracted to Changping to register and develop and carry out investment. In addition, the establishment of S fund of funds will also be initiated to do a good job in the continuation and relay of fund shares."

On January 5 this year, Chang Development was listed on the New Third Board. Regarding the future journey of capital markets, Wang Ying said: "This year, there are plans to transfer the innovation layer on the New Third Board, and in the future, we will also launch an impact on the Beijing Exchange at an appropriate time. We hope to make Chang Development a market-oriented operation mechanism, and at the same time be able to undertake the function of industrial development. Professional, international and branded state-owned capitalization operation platform."

 

Focus on sub-sectors and deeply empower the ecosystem

While the operation of the fund of funds system is constantly improving, Chang Development’s pace in direct investment is also becoming more and more stable. In October 2020, Chang Development established Zhiheng Direct Investment Fund.

Regarding the selection and investment criteria of direct investment projects, Wang Ying introduced that Chang Development’s direct investment fund emphasizes vertical specialization and focus. At present, Chang Development’s direct investment team has two groups, one focusing on medicine and health, and the new consumer medical and pan-health industries represented by medical aesthetics. The other group focuses on advanced manufacturing, energy technology and digital economy.

Wang Ying said: "For us, the cooperation of the sub-fund is to make Moments bigger, to make an industry map, to make a portfolio, and to make a face. The direct investment fund is more about doing something. Through more precise and direct investment, we will focus on supporting and focusing on sub-segments, enterprises to establish bonds and connections, and to do better empowerment."

At present, through the fund of funds, equity funds and direct investment funds, Chang Development has invested in more than 30 direct investment projects, investing in innovative drugs, medical apparatus, medical services, semiconductors, energy technology and other high-precision fields.

In the field of medical and health care, Chang Development has invested in innovative drug companies such as Yanming Biology and Beiqi Biology around the "Leading Scientist + Mature Entrepreneur" team, medical apparatus companies such as Pinchi Medical and Tupai Medical, and instrument and equipment companies such as Saiqiao Medical and Qingyuan Kaiwu, as well as medical service companies represented by Xihua Testing and Saifu Pharmaceutical; in the field of advanced manufacturing, Chang Development has also invested in the semiconductor inspection platform Ankun Vision, the intelligent hardware company Xiaoniao Technology, and the intelligent manufacturing flexible acceleration platform Wanlong Lean, as well as in the field of autonomous driving and energy technology. Investment in Guohong Hydrogen Energy.

"These companies are all characterized by a very solid underlying technology platform, strong execution, and mature commercial application cases for actual scenario needs, forming a growth driver and having the potential for long-term value," Wang Ying said.

In terms of empowering after investment, Chang Development has proposed a one-stop industrial ecological platform to help enterprises grow throughout the whole cycle. For example, it provides FA (financing acceleration) services for invested enterprises, and uses fund of funds system to invest in sub-funds and other cooperative funds to match investment institutions for the next round of financing of invested enterprises. Using the resource advantages of industrial parks, it provides industrial space for the whole chain from early incubators to pilot production plants, and then to the headquarters of mature leading enterprises listed companies. At present, the number of enterprises in the park has reached thousands.

In terms of professional and technical services, Chang Development has also invested in holding or participating in a number of technology service professional companies, which can assist some early-stage enterprises in prototype production, production system certification, production line sharing, etc., and help enterprises obtain registration approval with minimal investment and the fastest speed.

In addition, Chang Development also provides a lot of government industrial policy support, such as providing some policy docking around the introduction of talents, the application of national and municipal major project funds required in the process of enterprise landing, and the declaration of qualifications, etc., to help enterprises obtain the support and attention of the government platform, and also help enterprises obtain better PR publicity.

At present, four companies in Changfa’s direct investment projects have been successfully listed, the most representative of which is Aibo Medical. After successfully investing in Aibo Medical, the two parties jointly initiated the establishment of a direct investment fund. In addition, Changfa also helped the ophthalmic OCT innovation equipment company Tupai Medical and Aibo Medical to establish a joint venture to help enterprises jointly expand new market directions.

"The direct investment case represented by Aibo Medical has not only enabled us to achieve several times the considerable return on equity value financially, but also allowed us to penetrate and penetrate the sub-sector, build an ecosystem, and help the investee companies establish a more mandatory and updated moat from the early stage to the mature stage, and continue to strengthen and expand the agglomeration of the sub-sector," Wang Ying said.

 

Firm strategic qualitative, introduce and release vitality

Rational judgment, accurate attack, long-term company, as a government guidance fund, Chang Development has contributed a strong force in the upgrading and development of regional industries. For the future investment layout, Wang Ying and Chang Development have a longer-term and more international plan.

Wang Ying said that this year, we will continue to invest in key industries, around the industrial development action plan issued by the government, to do more accurate track combing and investment target screening, and will also increase the intensity of internationalization work. She further explained: "After the epidemic, we found that many multinational companies doing layout in Shanghai also realized the importance of layout in Beijing, so we have frequently inspected our parks recently. So we will also introduce multinational companies, as well as joint industrial capital to do some investment targets or fund layout overseas, and strive to bring more cutting-edge technologies to China and do industrialization in China."

In addition to the introduction, Chang Development will also accelerate the pace of "going out" this year. Wang Ying said: "Whether it is a fund of funds or a direct investment fund, our investment is not limited to Changping. At present, there are many projects outside Beijing that are already our investment targets. In the future, the park business may also be accompanied by the actual development needs of corporate customers to do some asset-light management service ability output, releasing our tentacles and links to a wider area."

Looking forward to the investment opportunities in the next five years, Wang Ying said that he still firmly believes in the current choice. In the field of medicine and health, Chang Development has long been optimistic about innovative drugs and high-end medical apparatus with global original level and solid underlying technology platform, as well as CXO service field. In the advanced manufacturing industry, he is optimistic about the core components related to robotics industry, military industry, and new energy vehicles. In terms of energy technology, he is optimistic about the application of new materials and new technologies, and the use of AI, cloud and traditional energy utilization to combine energy Internet, as well as projects to achieve breakthroughs in energy storage technology. In addition, around 5G and semiconductors, there are also many good teams and opportunities that can be captured.

"Generally speaking, on these tracks, we not only hope to capture some industry leaders in the pre-IPO stage to form the realization of commercial value, but also pay attention to serial successful entrepreneurs in the early stage, or big manufacturers who come out to start businesses. Whether they are scientists or entrepreneurs, we are willing to accompany them at a very early stage," Wang Ying said.

For more than a decade in the industry, Wang Ying has dealt with many entrepreneurs and investors. Looking back, she said that whether it is entrepreneurship or investment, it is not a particularly easy task. It can be said that only by maintaining the original intention and maintaining resilience can we always be.

"Whether the new economic situation is improving or the bubble period of the capital markets is falling, you need to have a firm strategic quality and very strong execution and a higher international vision. As long as you stick to your dreams, you will achieve it one day."

Taiwanese media exposed the real reason for Zhao Liying’s divorce. After marriage, she has been living a false single parent life, which is different from Feng Shaofeng’s values

Many people know that Feng Shaofeng’s family is wealthy, and he is a veritable rich second generation. He entered the entertainment industry entirely out of personal interest, just to experience life. But Zhao Liying is different. Her rise to fame and popularity, in addition to luck, depends on her unremitting efforts and struggles. She has always regarded acting as a way of survival. After giving birth to children, Zhao Liying quickly recovered after only half a year. It seems that as many people say, Zhao Liying’s identity and background make him insecure about money, and his career occupies a considerable part of his life. Feng Shaofeng’s values are different, so the two went further and further.

In this regard, Taiwanese media publicly released news that the reason for the divorce of the two was the huge difference in family background. Zhao Liying was born in a rural area, so she naturally did not get the respect and attention of the Feng family. Prejudice, if it was not for Zhao Liying’s late pregnancy, or the Feng family’s parents would have been playing mandarin ducks long ago.

In addition, Zhao Liying, who came back after giving birth, has been in poor health. Although she is charming and moving on the screen, she is under unknown psychological pressure in her private life. Zhao Liying is particularly sensitive emotionally, likes to cry every time, and her mood is always depressed, because the mental pressure is too high and leads to hair loss.

Taiwanese media also reported that Zhao Liying deliberately avoided the staff when shooting the cover of the magazine and secretly asked the stylist to help him put on the wig. The singles return has not improved. Zhao Liying’s wig has also been seen in previous live broadcasts. The report appears to be true.

In order to adjust her state as soon as possible and calm down her emotions, Zhao Liying now avoids joining the crew to reduce the pressure of filming. It only accepts magazines and interviews, most of which are only in commercial settings.

The cause of Zhao Liying’s postpartum depression is that she leads a pseudo-single-parent life, which we call "widow marriage."

In addition, they are all actors and have to run around the set most of the time, so the burden of taking care of the children falls on Feng Shaofeng’s family. Zhao Liying can only accompany the children in her spare time.

Feng Shaofeng’s mother has always been afraid of this, worried that Zhao Liying did not take good care of her grandson, and often complained loudly in front of her son and grandson. Of course Zhao Liying couldn’t bear it, so after deciding to divorce, she wanted to fight with Feng Shaofeng for the custody of her son. In the future, she will bring her son with her in filming, so that the child will not feel the lack of maternal love, and will try to balance career and family ties.

It can be seen that the combined effect of the above factors has led to a red light in the relationship between Zhao Liying and Feng Shaofeng. Beautiful love often cannot withstand the consumption of food, rice, oil and salt, not to mention the insurmountable tension between the two. Conflict, think about it, breaking up is undoubtedly the best ending for both of them. I hope you both have a good time and find your own happiness in the future.

Original original Lin Qingxia was exploded Alzheimer’s disease?! Will the former Hong Kong circle Muse end with illness?

I haven’t seen Qingxia Lin for a long time. At the age of 69, his physical condition is truly amazing.

Recently, long-lost actress Lin Qingxia gave an interview to Taiwanese media, saying that she would soon return to Taiwan to attend the Golden Horse Awards ceremony.

She not only prepared her acceptance speech, but also hired her friend Zhang Shuping to tailor her beautiful clothes.

Lin Qingxia even revealed that for the Golden Horse Award, he managed to lose 5 kilograms in a month.

Judging from the photos posted by the media, Lin Qingxia’s temperament is still gentle, and the blessing of time has made her more elegant and generous.

The mental state of the whole person has also improved a lot.

But Yang remembered that some time ago, many people guessed whether she had Alzheimer’s disease…

Because in the photos circulating at that time, Lin Qingxia was talking to people, her eyes were slightly lax, her expression was in a trance, and her condition was somewhat similar to Alzheimer’s disease.

Furthermore, the text in her social media update at the time also clearly emphasized that she was concerned about Alzheimer’s disease, and all her actions raised some doubts.

But now it seems that everyone’s worries may be unnecessary.

I feel like I’m still in this state, my style is still the same, and I’ll have no problem staying in the entertainment industry for a few more years.

Needless to say, the current netizens were quite sensitive. Not to mention looking at pictures to make up stories, even their own bodies were making crazy guesses.

Sheep recently reported that many internet users have noticed a sudden decline in their memory and feel that they have entered the early stages of Alzheimer’s disease.

These "memory fragments" often appear in life.

I saw a real-world friend, but I couldn’t name him; I suddenly couldn’t remember how I had left my original place.

At first I thought I was getting older, but Yang recently saw a post saying that it might be because my brain is starting to deteriorate from too many short videos.

Many people expressed the same feeling. Since indulging in short videos, their memory has become worse and worse.

I became reluctant to think, and my brain became tired.

The whole person is very impulsive. I can’t stand reading large paragraphs of text, and my language skills are getting worse and worse.

My concentration has also dropped a lot, and my study and work efficiency have also decreased…

Let’s put it this way, does brushing your teeth too much really make your brain worse and dumber? How to hydrate your brain?

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Short videos are addictive and expand the mind

Have you ever noticed that even if you’ve been working all day and are exhausted, as soon as you open a short video, you feel immediately happy and can’t even stop.

In fact, it is ultimately the brain’s fault.

Dopamine is unstoppable.

We have a mysterious "reward circuit" in our brains.

When we watch funny videos, our brain produces more dopamine than usual, causing feelings of excitement, pleasure, and happiness.

This feeling of happiness and excitement is like a reward, and the brain has a very strong desire for this reward.

This desire translates into a powerful motivation that motivates us to keep brushing our teeth.

Single women are obsessed with electronic boyfriends, migrant workers keep pets in the cloud of mobile phones, and some netizens turn into online judges…

This constant cycle of arousal is like a curse, making us dependent on short videos, even "addicted".

Degeneration of frontal lobe function

This addictive state causes the brain to go through two main stages. First, the cranial nerves produce a desensitization response.

After a period of "reward stimulation", the brain gradually gets used to this feeling of happiness and excitement.

At this moment, more stimulation is required to maintain a high level of arousal.

That said, you used to feel excited and happy by swiping short videos for two minutes, but now it can take an hour or more to reach the same level.

Then comes the second stage, the sensitization reaction.

As our brains become accustomed to achieving pleasure and excitement by swiping through short videos, we may gradually lose interest in other ways to achieve pleasure and excitement.

For example, reading books, acquiring new knowledge, exercising, etc.

Our hobbies will gradually merge into one, focusing only on cleaning short videos.

In the process of constant stimulation, desensitization, and sensitization, the function of the frontal lobe of our brain gradually deteriorates.

The prefrontal lobe is precisely the most advanced part of our brain, responsible for a variety of advanced cognitive functions, including memory, judgment, analysis, and thinking.

Over time, people will experience memory loss and poor learning.

Also, brushing short videos takes a lot of time and even affects the brain’s relaxation time. The level and activity of the neurotransmitter acetylcholine are also reduced.

This is not conducive to brain organization and memory consolidation, and it also increases the risk of Alzheimer’s disease.

By the way, this means that we office workers just want to relax after get off work every day, but we end up with early-onset Alzheimer’s disease?!

So what can we do to break this addiction? Is there a solution?

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How to restore the brain to a highly intelligent state

Make sure to swipe short videos correctly

Schaap reveals a few tips to get rid of the excessive intrusion of short videos!

Mainly to generate resistance or rewards for playing mobile phones.

For example, if you need to focus on your work, you can leave your phone in another room, close it, or lock it in a drawer.

In this way, when we want to swipe short videos again, we are not happy at first, but this behavior is troublesome. Of course, we will stop brushing our teeth before we get into the habit.

Or set up a reward mechanism for yourself and divide the tasks you want to complete into N small goals.

Each time you complete a small goal, you can reward yourself by watching a 5 to 10 minute video. Set an alarm in advance and return to the original task as soon as the time is up.

Secondly, you can also try to choose videos that offer new knowledge or spiritual inspiration.

Avoid vulgar, negative or gratuitous "nipple fun" content.

For example, by using skill software, playing musical instruments, painting skills, etc., you can make good use of this time to improve your skills.

If you see a funny or inspiring short video, you can also share it with those around you to deepen the conversation.

Also, you can review relevant information to validate key points and delve deeper into the topic.

This not only helps you think differently, but also enhances your thinking skills.

Search for alternative entertainment activities

We can also use some other entertainment methods instead of brushing our teeth.

For example, once you step into building blocks, you can easily enter the heart flow state.

The mindfulness developed by this habit is also very beneficial for learning, and it can train people’s mindfulness very well.

Or find some handmade DIY is also good, such as digital oil painting, diamond painting, beading, crocheting and so on.

When you do these crafts, you can not only exercise program memory, but also improve working memory and activate the brain.

If you are too lazy to exercise, you can also lie down and watch sports events.

It can increase adrenaline, stimulate people’s minds, and generate positive encouragement at the same time.

After reading, not only will you not feel the emptiness and depression after entertainment, but you will also feel more in the mood to learn.

In addition to determining the time to brush your teeth and engage in other recreational activities, we can also supplement nutrients such as vitamins, minerals, and tyrosine.

By supplementing the brain with nutrients, it regulates the metabolism of dopamine, acetylcholine, and other substances in the brain, maintaining brain health and improving attention and memory.

In this age of information explosion, short videos are indeed a double-edged sword.

It is difficult to stop completely, but we can use it as a tool rather than allowing it to control us.

The control of turning "electronic opium" into "electronic vegetable" is always in the hands of the person in front of the screen.

In fact, not only short videos, but also many things in our lives contain hidden damage.

For example, the "bare-leg artifact" has caused a lot of controversy recently. Every winter, the bare-leg artifact becomes a big hit. In winter, it can not only be matched with all kinds of beautiful skirts, but also fashionable, thin, and warm.

To be honest, I have been busy paying attention to the "invisibility" of the bare-leg artifact until today, when someone finally came forward to speak out about its drawbacks.

The bare-leg artifact is simply a "beautiful torture device". After wearing it for less than an afternoon, my feet were so strangled that I couldn’t even use my thumb.

Someone said that he was strangled to death by the "bare-leg artifact" Jiagou Yan…

In other words, is this bare-leg artifact really that scary?! What other dangers do we not know about? Can I still wear it?!

Responsible editor:

New song publishing meeting Shi Yang "learn secret techniques" Jolin Cai: I also have limits


 Star Jolin Tsai. Photo by Hong Shaokui, China News Agency


    Is show dancing better than show voice?


  "For me, music and dance are equally important"


  Since the last "Dancer" album, Jolin Tsai has almost become a veritable "dancer". In the new album "Love Quest", she dances the eye-popping "gravity-free pole dance" – without relying on any wire, she slips freely between the air and the ground. Despite earning enough attention, it has attracted some discussions in the circle that this move is more of a dance gimmick and deviates from the body of music. This is not bothered by Jolin Tsai: "For me, music and stage are of equal importance, and I can do what I need to do. Of course, for a stage artist like me, dance will definitely grab points, but this must be a performance done with music. I definitely can’t run to the stage sloppily."


  A reporter asked Cai Jilin if he felt his limits after working so hard to challenge the new record. In this regard, Cai Jilin admitted that, like ordinary people, they will have the experience of hitting their limits to some extent: "In this industry, everyone must rethink when they reach a certain level, doubt and hesitate about what they have achieved in their work."


  Styling plagiarized from R & B female singers?


  "I’m not stupid enough to draw the same gourd"


  In the music film "Agent J", which is filmed in conjunction with the new album, Jolin Tsai wears a sexy black leather jacket to play the cold-faced killer. Some sharp-eyed netizens pointed out that this look is similar to the female R & B singer Rihanna in Europe and the United States. In this regard, Jolin Tsai told reporters: "When I do anything, I will often be said to be plagiarized, and I am used to it. For me, as long as it is in line with the album, I will definitely try it, but I will definitely not be stupid enough to follow the same picture."


  As for the songs on the new album, many of them cover the works of overseas artists, Jolin Tsai explained that the company did not find any special Chinese works.


  Has the emotional outlook changed? "I’m still just as cowardly"


  Yesterday, Jolin Tsai, who wrote the lyrics to Metronome, a song on the new album, told the media that the song set out some of her thoughts on relationships: "In love, one partner always wants to cooperate with the other, just like Metronome, I am a person who does not dare to resist my boyfriend." Asked by a reporter if her emotional outlook could change, she confessed: "It seems that it has not changed, and it is still so cowardly… As an artist, there must be gains and losses. Of course, the lost part includes love, as well as freedom and privacy, but I got the job I like."


  [On-the-scene]


  Shi Yang squeezed in the media "learn secret techniques"


  In the media area, the reporter found that Shi Yang, who imitated the "dancer" in the "type show", was secretly hiding in a corner. He told the reporter that he came as a fan and had not had the opportunity to meet his idol Jolin Tsai, but he was already very excited to see her up close. (Reporter, Gao Lei)

Editor in charge: Wei Liangchun

Guo Fucheng did not realize his dream and did not marry, suggesting an agreement with Xiong Dailin (Photo)

Feature: Picture Channel


Guo Fucheng


  Speaking to fans in Shanghai yesterday, Guo Fucheng, who was attending a business event in Shanghai, issued a "no marriage" declaration: "Now is the peak of my career, and I will not get married until I complete my dream of a stage musical." He also hinted that he had reached a tacit understanding with his gossip girlfriend Xiong Dailin on the issue of marriage.


  "I’m a workaholic, and everyone around me knows it."


  Yesterday, Guo Fucheng appeared in Shanghai to participate in the opening ceremony of Longines three major watch stores. Since the ceremony was divided into two sites: Meimei general merchandise on Huaihai Road and New World on Nanjing Road, Guo Fucheng also ran to two places non-stop in an hour. The fans present were crazy everywhere he went, especially in front of the New World venue on Nanjing Road. Fans surrounded the entire square. Guo Fucheng is now bound to be asked about his affair with model Xiong Dailin every time he attends the event. Yesterday, the media’s questions started with the watch. As an image ambassador, will Guo Fucheng give his girlfriend Xiong Dailin a watch? At this time, Guo Fucheng first moved out of his mother: "I do have the habit of giving watches. Last year, my mother gave her a Longines for her birthday as a birthday gift!" The media were naturally not satisfied with this answer and continued to "press", but the battle-hardened Guo Fucheng still answered the wrong question and took out another spokesperson of the brand, Liu Jialing, as a shield. Seeing that Guo Fucheng has been avoiding talking about Xiong Dailin, the media took a roundabout tactic and asked Guo Fucheng if he has plans to get married and whether he will catch up with this year’s star marriage wave. In this regard, Guo Fucheng began to issue a declaration of not getting married: "Everyone’s opportunities are different. I have been climbing up from a small entertainer to today, and I will still focus on work. I am now 43 years old, and now I am the most mature and blooming time. I want to make good use of this time. The past ten years have been training, and now whether it is a movie or a stage, it is the most mature. Everyone’s best time will pass, so I hope to take advantage of my best state to put more effort into my work, so I really haven’t thought about other things, but work very single-mindedly, I hope everyone can understand. "He also said that he has always had an ideal, that is, to produce a stage drama that integrates his music and movies, which is his pursuit in the past few years and his ultimate goal. He also released a harsh sentence:" I think, if I don’t finish this one day, I won’t think about getting married one day. "As for not wanting to get married all the time, whether I am worried about my girlfriend being unhappy. Guo Fucheng is not worried at all," I am a workaholic, and the opposite sex around me knows it and supports me very much. "Interestingly, Guo Fucheng immediately said:" You know what I mean, right? "


  "I don’t know how much I lost."


  In addition to the media attention on Guo Fucheng’s emotional problems, whether the recent financial crisis has been affected is also of concern to the media. Guo Fucheng admitted that he had lost money in the financial crisis, and he lost a lot on the stocks he bought, but he was unwilling to disclose the specific amount. "My stocks are all taken care of by stockbrokers, and I don’t know how much I lost, but I have a belief that as long as I don’t throw them away, they will one day rise back, and then I will not lose money." As for real estate, he said that the luxury houses he bought are all for his own use, so he doesn’t care about the price drop of the house. As for his own investment experience, he admitted that he usually invests in buying luxury watches and cars. At present, he already owns cars worth tens of millions of yuan.


  Later, Guo Fucheng also revealed that despite the current financial crisis, he will spend energy and money to establish the Guo Fucheng Charity Cup racing competition next year, but unlike the previous Jackie Chan Charity Racing, this is a year-round event. Guo Fucheng will also transform into a racing driver to participate in the annual race. At that time, all the funds raised from various places will be placed in the "Guo Fucheng Foundation" named after him. Morning Post reporter, Luo Junpeng

Editor in charge: Li Erqing

4-Year-old Xiaohua wants her father to cry and asks Deng Chao to call her in her dream

Since becoming a father, Deng Chao has become a "Baby Dazzler", sharing the joys and sorrows of his children on Weibo from time to time. On the 25th, Deng Chao exposed the warm chat records with his daughter through Weibo. Xiaohua missed her father so much that she cried because she couldn’t find her father when she was dreaming, and agreed with her father that she must call her in her dream, which was very warm.

Deng Chao posted the chat records with his daughter Xiaohua, and said: "4-year-old Xiaohua sister." From the chat records, Xiaohua missed her father so much that she couldn’t find it in her dreams, so she cried in a hurry, and no one answered the phone. Deng Chao replied that his father was at work and called his daughter after get off work. Xiaohua and her father agreed that his father must call her in her dream, which was very warm and happy.

After this Weibo was exposed, netizens watched and left messages saying: "Xiaohua is so cute! Warm heart little baby!" "Sister Xiaohua is really Dad’s little cotton-padded jacket, and a picture of super tears on the screen appeared in front of her eyes." "Four-year-old Sister Xiaohua can already express her miss for Dad very well!"

Tencent’s DNF is no longer on the shelves of some Android stores, causing high channel costs for game companies

K Figure 00700_0

  Domestic Android channel pairThe issue of high product share has attracted attention again.

  The reason is that Tencent’s recent hit mobile game "Dungeons and Warriors: Origins" announced that from June 20, some Android platform app stores will no longer be listed. The industry believes that Tencent’s move is related to the long-standing high proportion of Android app stores.

  Head Drop Android Channel

  "Dungeon and Warrior: Origin" (hereinafter referred to as "DNF") is a popular mobile game recently launched by Tencent. As a work derived from the classic IP of "Dungeon and Warrior", "DNF" has performed well since its launch.

  According to seven wheat data, "DNF" since late May online, long-term top the chart of major games. Point data, "DNF" contributed more than two-thirds of the domestic new game market in May, less than two weeks in May, "DNF" download more than 45 million, estimated revenue of $51.29 million (about RMB 371 million).

  At the beginning of the launch of "DNF", it was normally available in major app stores including Android channels. However, on the afternoon of June 19, the game operation team issued an announcement that from June 20, "DNF" mobile games will no longer be available in some Android platform app stores. The reason given by the team is: the contract expires.

  However, Tencent Games’ move is believed to be related to the high proportion of the Android app store channel. The app store is a core channel for game distribution, but it is also a costly channel.

  At present, many domestic game products use a joint operation model between game manufacturers and channel providers such as mobile end point manufacturers and third-party app platforms. Game manufacturers are responsible for game development and testing, launch, and channel providers are responsible for providing game display promotion, download and installation, and billing services. When players complete the payment, the channel provider will pay the game developer a revenue share.

  The app store generally takes 30% for applications including games. The Android app store channel that makes manufacturers "love it or hate it" takes a higher proportion, and the general proportion is 50%, that is, after deducting relevant costs and expenses, the game flow and the game manufacturer each get 50%.

  Although leading game companies have some room for gaming, the data previously disclosed by many class A share game companies shows that the app store should also divide at least 40% of the game flow. Under the high proportion of the draw, in recent years, many game manufacturers have chosen to give up the release of Android app stores, especially some well-known game products with high flow.

  A few years ago, the two major game makers, miHoYo and Lilith, announced that due to "failure to reach an agreed terms of cooperation", miHoYo’s blockbuster products "Yuan Shen" and Lilith’s products "The Awakening of Nations" could not be downloaded from Xiaomi and Huawei app stores during the public beta.

  Last August 23rd,When the public beta of its key game "All-Star Streetball Party" was released, the official announcement did not put any Android channels on the shelves, and decided to take out the 1.50 billion yuan divided into channels and give rebates to players present on all major platforms. Other products under Tencent Games are currently on the shelves of major Android app stores, but DNF, a key product, will no longer be on the Android app store, which will still have a profound impact.

  Game company channels are expensive

  The Android app store has long been criticized by the industry. Although game makers have taken occasional measures such as delisting, they have not changed the industry landscape.

  The product manager of an app store of a domestic mobile phone manufacturerTimes E Company reporters analyzed that for app stores, games and other applications are the most important source of revenue. In addition to directly receiving game revenue, there are also advertising and bidding ranking revenue from game manufacturers. Games occupy an important position in the app store ecosystem.

  Shi Jiangang, the co-founder of Liangjianghu, also said in an interview with the Times reporter that the current share ratio is determined by the location of the channel provider, which naturally has the ability to negotiate prices. The reason why the app store is strong is mainly because it can push game products to users at almost zero cost, and the value created for the game is huge, which cannot be replaced by other methods.

  In this context, except for some relatively strong game products that can be released through their own channels and generate good revenue, most games are still difficult to leave the app store channel.

  From the data disclosed by many game companies, channel costs are indeed an important part of the operating costs of game companies. Such as class A sharing companyThe financial report shows that the company’s joint operators will deduct the actual recharge amount of game players from the relevant channel fees, and calculate the share according to the proportion agreed upon in the agreement. After the two parties check the data and confirm that it is correct, the company confirms the operating income.

  In 2022 and 2023, the channel cost in the operating cost will be 257 million yuan and 214 million yuan respectively, accounting for 45% and 52% of the operating cost respectively, which is much higher than the cost of game sharing, labor, copyright, and production fee amortization in the same period.

  Hong Kong Stock CompanyAccording to the financial report, in 2023, the company’s channel cost was 595 million yuan, an increase of 35% year-on-year, accounting for more than 70% of the company’s cost of sales. In 2023, the gross profit margin fell from 64.4% in the previous year to 59.8%. The company said that the decline in gross profit margin was mainly due to the decline in related game revenue and the increase in channel costs.

  Another Hong Kong-listed game companyThe financial report shows that in 2023, the company’s sales revenue will increase, but the company’s payment channel cost and distribution platform share will also increase by 23.8% to 523 million yuan, which is also the "big part" of the sales cost in 2023.

Start with high matching, Geely Galaxy E8 five versions configuration layer exposure

  Following the official announcement of the pre-sale price of 188,000 yuan, Geely Galaxy E8 recently exposed the configuration layer of the five major versions. 45-inch 8K unbounded smart screen, Qualcomm Snapdragon 8295 flagship chip, Santan Yinyue suspension audio and other up to 139 configuration functions are all standard, showing the strength of China’s new generation of mainstream pure electric flagship, which will bring intelligent travel experience to the most mainstream pure electric users. Rich version selection and sincere configuration functions can accurately meet the diverse needs of different users.

Start with high matching, Geely Galaxy E8 five versions configuration layer exposure _fororder_image001

  Geely Galaxy E8 starts high-end. The 550km PRO basic version is equipped with a 62kW · h battery pack and a 200kW high-performance permanent magnet synchronous motor, with a maximum charging power of 150kW, equipped with AGS intelligent air intake grille, 45-inch 8K unbounded smart screen, Qualcomm Snapdragon 8295 flagship chip, Flyme Link handcar interconnection, 360 panoramic images, 3D transparent chassis and other intelligent technologies, with 82km/h elk performance, 5.62m minimum turning radius, 5.95s zero hundred acceleration and other driving performance, you can play 3A game masterpiece "Wild Drag Race 9" in the car. It is worth mentioning that the Geely Galaxy E8 does not make version differentiation in terms of safety. A new generation of Aegis battery safety system, car cloud integrated BMS battery management system, ten grid battery anti-collision compartment, dragonfly force transmission structure, and other 32 safety configuration functions can be started.

  On the basis of the 550km PRO version, the 550km MAX increases the ventilation, heating, and memory of the main and auxiliary seats, the main driver’s electric waist rest, and the comfort configuration functions such as Yanfei Lishi high fidelity 12 speakers and 256-color follow-up ambient lights. At the same time, it adds 50W mobile phone wireless charging, outdoor music light show, L2 intelligent driving assistance, blind spot monitoring and other technology configuration functions to achieve comfort and technology.

Start with high matching, Geely Galaxy E8 five versions configuration layer exposure _fororder_image002

  The 665km Starship Voyage Edition is equipped with a 76kw · h battery pack, a new generation of SiC silicon carbide electric drive, 19-inch aluminum alloy pneumatic wheels and Goodyear 245/45 R19 brand tires, bringing performance experience. On the basis of the 550km MAX version, intelligent configurations such as electric tailgate and 25.6-inch AR-HUD are added, which makes the battery life and intelligent experience leap again to meet the needs of mainstream pure electric users in a variety of travel scenarios.

  The two high-end versions of Geely Galaxy E8, the 665km Starship Smart Driving Edition and the 620km Starship Performance Edition, are both added to the 665km Starship Voyage Edition, achieving advanced intelligence and advanced performance respectively.

  The 665km Starship Smart Driving Edition adds 5R10V1L advanced intelligent driving assistance system, including 5 millimeter-wave radars, 10 high-perception cameras, and 1 solid-state lidar, making urban high-end smart driving more practical and safer.

Start with high matching, Geely Galaxy E8 five versions configuration layer exposure _fororder_image003

  The 620km Starship Performance Edition is based on a full-stack 800V ultra-high voltage platform, featuring a 165kW front induction asynchronous motor + a 310kW rear high-performance permanent magnet synchronous motor, with a maximum charging power of 360kW. The wheel hub is also upgraded to a 20-inch sports hub, with only 3.49s of zero acceleration, providing more powerful driving performance.

  On January 5, 2024, Geely Galaxy E8 will be officially listed. Users who successfully pre-order Geely Galaxy E8 can enjoy a pre-sale deposit expansion gift of 1,000 yuan to 6,000 yuan, and old users of Geely Holding Group’s brands can also enjoy an additional 10,000 yuan redemption subsidy.

Start with high matching, Geely Galaxy E8 five versions configuration layer exposure _fororder_image004

  It is understood that the new car will be arranged in the order of order, early order and early delivery. Friends who are excited about Geely Galaxy E8 can place orders in time through Geely Galaxy’s official website, App, WeChat Mini Program, H5 and other official platforms. (Source: Geely Galaxy)

Sanya Phoenix International Airport: When returning to the airport after receiving short-distance passengers

Sanya Phoenix International Airport: When returning to the airport after receiving short-distance passengers –
Taxi accessFast Queuing Channel

Hainan Daily, Sanya, August 17 (Reporter, Xu Huiling) Hainan Daily reporter learned from the Sanya Municipal Transportation Bureau on August 17 that in order to standardize the operation order of taxis at Sanya Phoenix International Airport, effectively improve the service level of drivers, and solve the problem of short-distance passenger travel difficulties from the source, taking into account the interests of the majority of drivers, the bureau decided to open a fast queuing channel for vehicles after picking up and dropping off short-distance passengers at Sanya Phoenix International Airport from August 17.

According to the plan, the Sanya Municipal Transportation Bureau will set up a lane near the parking building in the three taxi queuing lanes at Sanya Phoenix International Airport as a fast queuing lane. If the driver picks up passengers in the ordinary queuing lane and meets the short-distance conditions (the destination is within 10 kilometers), he can receive a fast queuing ticket from the on-site coordinator. With the coupon, he can enter the fast queuing lane within 1 hour and enjoy the right of priority for passenger distribution.

The relevant person in charge of the Sanya Municipal Transportation Bureau introduced that this move will effectively alleviate the problem of short-distance passengers hailing, so that drivers and passengers can achieve a "win-win", passengers do not worry about being picked by drivers, and drivers do not have to worry about queuing for an hour or two to pull short-distance passengers.

NIO reorganizes the intelligent driving R & D department? The official has not responded yet. Experts: In order to adapt to the development trend of large models

On June 19, according to LatePost, NIO’s intelligent driving R & D department recently completed the structural adjustment. Previously, NIO’s intelligent driving R & D department was divided into perception, regulation and control, and integration. After the adjustment, the perception and regulation teams were merged into a large model team, and the integration team was reorganized into a delivery team. The merged large model team was overseen by Peng Chao, the former head of NIO’s perception team.

Regarding the authenticity of the above news, the Daily Economic News reporter immediately checked with the NIO, but no reply was received as of press time.

On the evening of June 20, an unnamed person familiar with the matter told reporters that NIO did make structural adjustments to its intelligent driving R & D team. However, the other party did not disclose the specific details of the adjustment.

Zhu Xichan, a professor at the School of Automotive Science at Tongji University and director of the Institute of Automotive Safety Technology, said in an interview with reporters that NIO’s move is more to adapt to the development trend of large models. "Tesla’s FSD V12 version has shown excellent autonomous driving capabilities end-to-end, and the autonomous driving AI technology route has been established." Zhu Xichan believes that after the automotive industry enters the second half of intelligence, the competition will mainly focus on autonomous driving technology.

Architecture adjustment Want to explore end-to-end large models?

According to public data, there are currently about 1,500 people in the NIO smart driving team. "With the launch of the big model, the autonomous driving technology has been transformed from the algorithm-based model of the past to the data-driven model, that is, the end-to-end big model." Ji Xuehong, a professor and director of the Automotive Industry Innovation Research Center at North China University of Technology, said that the integration of NIO’s sensing and regulation teams is the need for the organizational structure to serve the development of enterprise technology.

Image source: Photo by Zhang Jian, a reporter (data map)

It is reported that the restructured autonomous driving R & D department is still in charge of Ren Shaoqing, vice president of NIO’s intelligent driving R & D. After the adjustment of the intelligent driving R & D department, Ren Shaoqing once conveyed to the team: to give up the traditional paradigm of "perception-decision-regulation" that the industry has used for many years. This also means that NIO will more clearly explore the use of end-to-end large models to achieve high-level intelligent driving.

Zhu Xichan told reporters that NIO’s original modular autonomous driving algorithm team structure was divided into "perception", "regulation and control" and "evaluation", but after reaching the end-to-end large model, the division of departments is unreasonable. "In order to adapt to the new algorithm structure, the administrative structure of [NIO intelligent driving] can be optimized to break down departmental barriers and achieve more efficient development," Zhu Xichan analyzed.

Chen Guoping, executive director of Haosu Capital, told reporters that from the current point of view, the intelligent driving development program has been fully transformed into end-to-end autonomous driving, which has become an option for car companies. It turns out that perception, regulation, and decision execution are the R & D paths of traditional autonomous driving. The neural networks algorithm is used to form this simulated human driving decision through the accumulation of training data.

"With the comprehensive change of Tesla’s FSD driving decision model, the end-to-end large model output method skips the original traditional perception-decision-execution path, and calls the mainstream decision to drive the driving behavior in full accordance with the empirical algorithm, reducing the load on the perceived computing power technical parameters. The iteration speed will be faster and faster, and the cost of the smart driving solution will be lower and lower." Chen Guoping said that the new car manufacturing forces choose the end-to-end large model to merge and revoke the original organizational structure corresponding to the technology research and development path.

In an interview with reporters, He Xiaopeng, chairperson and CEO of XPeng Motors, said that in the previous smart driving scheme, technically speaking, the car was handled separately in terms of perception, positioning, planning, and control, and each link was not related. Therefore, when the vehicle encounters some scenarios, it will hesitate because of the rules written by humans. After the end-to-end large model gets on the car, the vehicle can directly output the control of the vehicle through the input of the sensor, and the smart driving will be more "human-like".

In He Xiaopeng’s view, the end-to-end smart driving model is adopted, which can be iterated every two days, and the smart driving capacity enhancement is 30 times in the next 18 months. The end-to-end big model means that automatic assisted driving will shift to fully autonomous driving.

Domestic car companies accelerate the deployment of autonomous driving

Speculation about the reasons behind the restructuring of NIO’s intelligent driving R & D department is mixed. Some people believe that NIO’s move is affected by the approaching time of Tesla’s FSD entry into China. However, Yang Weibin, an expert on new energy vehicles and batteries, told reporters that the adjustment of NIO’s intelligent driving R & D team is not directly related to Tesla’s FSD entry into China. "Because NIO and Tesla use two different intelligent driving technology routes, each has its own advantages and disadvantages, and it is not possible to completely judge which solution is better at present," Yang Weibin said.

Zhu Xichan also said that the reorganization of NIO’s intelligent driving R & D department has nothing to do with whether Tesla FSD enters China or not, but is mainly affected by the end-to-end model technology of Tesla FSD V12 version. "As the world’s leading company in autonomous driving technology, the gradual landing of Tesla FSD has pointed out the development direction and technical route of smart cars for the industry." Zhu Xichan said that with the improvement of the technical capabilities of the end-to-end model of Tesla FSD V12 version, even if it does not enter China, the autonomous driving technology of domestic car companies such as NIO will shift to the direction of large models.

In March this year, Tesla began to push the end-to-end FSD V12 to North American users on a large scale. Recently, it was reported that the Shanghai Autonomous Driving Demonstration Zone has issued a road test license to Tesla, and the FSD may be testing. In response, the reporter checked with Tesla China on June 21, but no response was received as of press time.

Ji Xuehong also said that Tesla is currently the best company in autonomous driving technology. Whether it enters China or not, it will guide more and more car companies to make more investment in autonomous driving technology. "As a’catfish ‘in the field of autonomous driving, Tesla will accelerate the layout and force of car companies in the field of autonomous driving." Ji Xuehong explained that in addition to NIO, XPeng Motors, Li Auto, Huawei and other car companies, more and more traditional car companies are also increasing the layout of autonomous driving technology direction.

On June 20, Zhang Xinghai, chairperson (founder) of Cyrus Group, announced that Cyrus will firmly pursue the development of smart-electric integration under software-defined vehicles, and strive to explore solutions for intelligent driving and intelligent safety. "At present, the AITO cars produced by Cyrus have driving auxiliary features, of which two-thirds have high-order intelligent driving functions, and the auxiliary driving functions account for one-third." Zhang Xinghai said.

In Yang Weibin’s view, car companies are doing theory in the "first half" and practice in the "second half". "Car companies will take advantage of the opportunity of large-scale demonstration of domestic smart driving technology, expand the number of cities where smart driving is applied, and continue to iterate and optimize and upgrade." Yang Weibin said that there is still a long way to go to fully realize autonomous driving.

Daily economic news

(Editor in charge: Guo Jiandong)