CVB | "The Covenant of New Houses" Looking Back at the Rising User Scale

According to the statistics of "China Audio-Visual Big Data" (CVB), from April 30 to May 6, 2022, the number of users of "New House Covenant" climbed; "Please call me director" has excellent ratings and high network popularity; "The Wind Rises in Longxi" continues to be popular; The viewing completion of "Merry Canal" is high; The ratings of "Speak Well" are stable; The attention of "Destroy" has increased; The launch of "Lever" attracts the attention of the audience; "The Journey Without Confusion" and "The Wind" are in the top ratings.

Source: China Audio-visual Big Data

Looking back at the contemporary urban drama "The Covenant of New Houses", the scale of users has increased.

In the second week of CCTV1 broadcast, the number of users ranked third in prime-time TV series, 2.6 times that of the previous week; The average rating of each episode is 1.375%, ranking first in the single channel rating of prime-time TV series.

The contemporary urban drama "Please Call Me Director" has excellent ratings and high network popularity.

"Please call me director" was broadcast on Dragon TV in the second week. Looking back, the number of users ranked first in prime-time TV series, and the average loyalty of each episode was 66.636%, ranking first in single-channel loyalty of prime-time TV series, and the program was sticky. The average audience rating of each episode is 0.761%, ranking third in the single channel audience rating of prime-time TV series, up 9.5% from the previous week. In that week, the Weibo topic of the same name was read by more than 750 million people and discussed by more than 1.2 million people, leading the popular dramas in the same period, and the network was hot.

The ancient legendary drama "The Wind Rises in Longxi" continues to be popular.

"The Wind Rises in Longxi" was broadcast on CCTV8 for two weeks, with an average audience rating of 0.653% per episode, ranking fourth in the single channel audience rating of prime-time TV series.

The modern legendary drama "Merry Canal" is highly watched.

"Merry Canal" was broadcast on Beijing Satellite TV in the second week, with an average audience rating of 0.544% per episode, ranking fifth in the single channel audience rating of prime-time TV series; The average loyalty of each episode is 64.801%, ranking second in the single channel loyalty of prime-time TV series, with high viewing completion.

The contemporary urban drama "Speak Well" has a stable audience rating.

"Speak Well" tells the story that grassroots mediators let the parties untie their hearts, cross barriers and finally resolve conflicts through communication. In the second week of Hunan Satellite TV, the average audience rating of each episode was 0.437%, ranking sixth in the single channel ratings of prime-time TV dramas, which was basically the same as the previous week.

The attention of modern revolutionary drama "Destroy" has increased.

In the second week of broadcast on Jiangxi Satellite TV, the average audience rating of each episode was 0.325%, ranking ninth in the single channel audience rating of prime-time TV series, up 22.6% from the previous week.

The opening of the economic investigation drama "Lever" attracts the attention of the audience.

"Lever" tells the story of the investigation police and financial predators fighting wits and cracking transnational financial cases. It was broadcast on Jiangsu Satellite TV, with an average audience rating of 0.317% per episode, ranking tenth in the single channel ratings of prime-time TV dramas.

The reruns "The Journey Without Confusion" and "The Wind" received the highest ratings.

The Unbelievable Journey and the Wind have been broadcast in prime time of Guangdong Satellite TV. The average ratings of each episode of the two dramas are 0.352% and 0.351%, respectively, ranking seventh and eighth in the single channel ratings of prime time TV dramas, and the replay round still has strong ratings appeal.

&&No minors are allowed to participate! Four departments speak out

Three releases

&&To the Great Them-The screen gathers the light of the strugglers

Observation

&&"The Wind Rises in Longxi": There is a spy war, and you can see the character’s character.

Drama series

& & Walking into the "big world" of literature in the video circulation.

What a record

Chongqing police cracked a case of illegal operation of refined oil products, involving more than 10 million yuan.

  Zhongxin. com, Chongqing, May 16 (Reporter Liu Xianglin) The reporter learned from the Chongqing Municipal Public Security Bureau on the 16 th that the Chongqing police recently cracked a serious case of illegally operating refined oil products, successfully cut off a criminal chain of illegally operating refined oil products, arrested 10 suspects, seized 33 tons of illegally operating refined oil products, and seized 5 modified oil tankers, involving more than 10 million yuan.

  Chongqing Yubei police found in their work that an abandoned factory building, a provincial tanker and a number of vans with oil drums often went in and out late at night, and their behavior was very suspicious. The police investigation found that this factory is a transit station for illegally operating refined oil. Under the guidance of the Economic Investigation Corps of Chongqing Public Security Bureau, Yubei police set up a task force to fully investigate.

  After investigation, a criminal gang headed by Xie Mou (male, 27 years old, from Dazhu County, Sichuan Province) bought component gasoline from other provinces without a license to operate hazardous chemicals, transported it to an abandoned factory in Yubei for storage, and then distributed and transported it with a modified van, which was sold to retail investors at a price lower than the gasoline market price in 0.6 yuan, covering many districts and counties in Chongqing.

  After grasping the criminal evidence, the task force took centralized action to collect the net, arrested 10 suspects, seized 33 tons of illegally operated refined oil on the spot, and seized 5 modified oil vans. After identification, the seized gasoline does not meet the national standard of No.92 gasoline, and the use of this kind of gasoline will cause damage to the vehicle engine, which is prone to traffic accidents. The modified oil van shuttles through the city like a "bomb". Once it leaks or collides, the consequences are unimaginable.

  At present, the case is still being further processed.

Announcement of Listed Companies in Shanghai Stock Exchange (July 29th)

  Bortezomib for injection by Jianyou Co., Ltd. was approved in the United States for the treatment of myeloma and lymphoma.

  On July 27th, () announced that Bortezomib for injection (3.5mg/ bottle) of subsidiary Jianjin Pharmaceutical received the notice of ANDA (Simple Application for Generic Drugs) issued by the US Food and Drug Administration (FDA), and the indications were multiple myeloma and mantle cell lymphoma. Up to now, the R&D expenses invested in this product R&D project are about RMB 10,333,400.

  It is reported that the ANDA application for bortezomib for injection (3.5mg/ bottle) was temporarily approved in March 2020. The original research related patents of this product expired on July 25th, 2022, and Jianjin Pharmaceutical was finally approved by the FDA for bortezomib for injection on July 26th, 2022.

  Bortezomib is a bispeptide borate analogue, and it is the first synthetic new competitive inhibitor of proteasome in clinic in the world, which is used for the treatment of multiple myeloma and mantle cell lymphoma. The original product of bortezomib for injection (3.5mg/ bottle) was held by TAKEDA PHARMS USA under the trade name VELCADE, which was approved by FDA on May 13th, 2003 and authorized to be listed in the European Union on April 26th, 2004.

  Upon inquiry, 18 companies of bortezomib for injection, such as BAXTER, FRESENIUS KABI and HOSPIRA, have been approved by the FDA. In 2021, the sales of bortezomib for injection in the United States market was about $1.043 billion.

  ST Rongtai: The proposal of transferring chemical assets to subsidiaries was approved by the EGM.

  () On July 28th, it was announced that the company held the resolution of the third extraordinary general meeting of shareholders in 2022 on July 27th, and reviewed and approved the Proposal on Transferring Assets to a wholly-owned subsidiary.

  According to the proposal, in order to further improve and optimize the existing business structure and management structure, meet the needs of business integration, improve the efficiency of business management and achieve the company’s strategic objectives, the company will transfer the relevant assets, creditor’s rights, debts, personnel, rights and obligations involved in the existing chemical business to Guangdong Rongtai New Materials Co., Ltd., a wholly-owned subsidiary, with June 30, 2022 as the base date.

  According to the data, ST Rongtai’s main business is chemical materials and Internet integrated services. The data shows that in 2021, the company’s Internet integrated service business income was about 299 million yuan, a year-on-year increase of 6.72%; The revenue from chemical materials business was about 469 million yuan, a year-on-year decrease of 40.18%.

  Previously, ST Rongtai said in the 2021 annual report that due to the increasingly fierce competition in the chemical industry, the company will withdraw from the chemical materials business in an orderly manner and further expand the Internet service business. In the future, the Internet business will gradually become the main development direction of the company.

  According to the plan, combined with the strategic deployment of the country’s "East Counting and West Computing", ST Rongtai plans to lay out a nationwide integrated big data center system, build an operation data center at key computing hub nodes, and strive to provide a variety of service models for industry customers, and strive to build a green, low-carbon, safe and reliable digital infrastructure. Among them, the company’s Rongtaiyun data center located in the Beijing-Tianjin-Hebei hub, an important node of "East Counting and West Computing", is accelerating construction.

  While withdrawing from the chemical industry and focusing on the Internet business, the equity structure of ST Rongtai has also undergone major changes recently. On July 13, ST Rongtai announced that 5% of the shares transferred to Gao Dapeng by Guangdong Rongtai Advanced Porcelain Co., Ltd., the controlling shareholder, had completed the securities transfer registration procedures on July 11, and Gao Dapeng’s shareholding ratio increased to 16.76%.

  At the same time, Xingsheng Chemical and Jian Xiao, shareholders of ST Rongtai, signed the Share Transfer Agreement on July 13th, and Xingsheng Chemical intends to transfer 45,405,900 shares of the company’s unrestricted shares to Jian Xiao, accounting for 6.45% of the company’s total share capital. According to the announcement, Xingsheng Chemical is controlled by Yang Baosheng, the actual controller of ST Rongtai. After the completion of the transfer of the above agreement, Gao Dapeng passively became the largest shareholder of the company, with a shareholding ratio of about 16.76%; Jian Xiao’s shareholding ratio is 12.99%; The total shareholding ratio of the controlling shareholder Senior Porcelain and its concerted actions, Yang Baosheng and Xingsheng Chemical, dropped to 11.97%.

  Guang’ an Aizhong completed the power generation of 785 million kWh in the first half of the year, up 0.32% year-on-year.

  () Announced that the company completed the power generation of 785 million kWh from January to June 2022, a year-on-year increase of 0.32%; The electricity sold to the district was 839 million kWh, up 8.37% year-on-year.

  Senter shares won the bid for 311 million yuan of metal roofing project.

  () Announcement, the company recently received the Notice of Winning Bid from China Construction Eighth Engineering Bureau Co., Ltd., confirming that the company won the bid for the metal roofing project of the first bid section of the terminal area of Hohhot New Airport with a loan from New Development Bank, and the winning bid amount was 311 million yuan.

  Senter shares won the bid for 311 million yuan of metal roofing project.

  Sant shares announced that the company recently received the Notice of Winning Bid from China Construction Eighth Engineering Bureau Co., Ltd., confirming that the company won the bid for the metal roofing project of the first bid section of the terminal area of Hohhot New Airport with a loan from New Development Bank, and the winning bid amount was 311 million yuan.

  Nanjing Pharmaceutical Subsidiary intends to lease and renovate some factories of Zhongshan Pharmaceutical.

  () Announced that Nanjing Heling pharmacy service Co., Ltd. ("Heling Pharmaceutical Affairs"), a wholly-owned subsidiary of Nanjing Pharmaceutical Co., Ltd. ("Nanjing Pharmaceutical"), intends to lease and renovate part of the factory building of Nanjing Zhongshan Pharmaceutical Co., Ltd. ("Zhongshan Pharmaceutical") located at No.21 Hengfa Road, Nanjing Economic Development Zone, for storage and office. The total lease area is about 8426.1㎡, the lease period is 10 years, and the total cost of lease renovation is about 50,334,500 yuan.

  Sant shares: the project that won the bid of 311 million yuan accounted for about 10% of last year’s revenue.

  Saint announced on the evening of July 28th that the company won the bid for the metal roofing project of the first bid section of the terminal area of Hohhot New Airport loaned by New Development Bank, with the winning bid amount of 311 million yuan, accounting for about 10% of the company’s audited operating income in 2021.

  Huaxing Yuanchuang: Yuanhua Chuangxing transferred 800,000 "Huaxing Convertible Bonds".

  Huaxing Yuanchuang issued an announcement. On July 28th, the company received a letter from the bondholder Yuanhua Chuangxing, and learned that it had transferred 800,000 "Huaxing Convertible Bonds" through the integrated electronic platform of fixed-income securities of Shanghai Stock Exchange by means of designated counterparty transactions, and the change in holding ratio reached 10% of the total issuance.

  Bohai Chemical: PDH plant, a wholly-owned subsidiary, temporarily stopped production due to failure.

  () Announced on the evening of July 28th, the company received a notice from Bohai Petrochemical, a wholly-owned subsidiary, that PDH plant was shut down for maintenance due to equipment failure, and the shutdown time is expected to be about 3 days.

  Wu Yinghong, the controlling shareholder of Changqing, has pledged 30.96 million shares.

  () Announcement was issued. On July 28, 2022, the company received a notice from Mr. Wu Yinghong, the controlling shareholder of the company, and learned that he had gone through the registration procedures of releasing the pledge and re-pledging some shares of the company. On July 25th, it pledged 41.31 million shares, accounting for 20.25% of the company’s total share capital. On July 27th, Mr. Wu Yinghong went through the procedures of share pledge, and pledged his 30.96 million shares of the company again, accounting for 15.18% of the company’s total share capital. After this pledge, Wu Yinghong has pledged a total of 30.96 million shares.

  Xiantan Co., Ltd.: Signing a strategic cooperation agreement to promote the development of the whole industrial chain of prefabricated vegetables

  () On the evening of July 28th, the company announced that it had signed the Strategic Cooperation Agreement with Qingdao () Cold Chain Integration Co., Ltd. and Asepu (Qingdao) Economic and Trade Development Co., Ltd.. In this cooperation, we will seize the opportunity of the prefabricated vegetable industry and the development of RCEP, build a perfect cold chain logistics system for prefabricated vegetables around the product characteristics, improve all links of prefabricated vegetables from the field to the table, and reduce the cost and improve the efficiency of the storage and transportation of prefabricated vegetables through technical research and development. Take the lead in building RCEP prefabricated vegetable industrial base and promoting the development of the whole industrial chain of prefabricated vegetables.

  The reorganization of Yangtze Power was accepted by China Securities Regulatory Commission.

  () Announcement. Previously, the company planned to purchase 100% equity of Three Gorges Jinshajiang Yun Chuan Hydropower Development Co., Ltd. jointly held by China Yangtze Three Gorges Corporation, Yangtze Three Gorges Investment Management Co., Ltd., Yunnan Energy Investment Group Co., Ltd. and Sichuan Energy Investment Group Co., Ltd. by issuing shares and paying cash, and at the same time raise matching funds through non-public offering of shares.

  On July 27th, 2022, the company received the Acceptance Form for Administrative License Application of China Securities Regulatory Commission issued by China Securities Regulatory Commission (hereinafter referred to as "China Securities Regulatory Commission") (acceptance serial number: 221750). China Securities Regulatory Commission has reviewed the application materials for administrative license related to this reorganization submitted by the company according to law, and decided to accept the application for administrative license because the application materials are complete and conform to the legal form.

  The subsidiary of China Merchants Steamship plans to sell an aging ro-ro ship for 25.8 million yuan.

  () It was announced that Shenzhen Ro-Ro, a subsidiary of the company, recently signed a sales agreement with Pan-China Ocean, an independent third party, for an 801-parking non-energy-saving and environment-friendly ro-ro ship. Based on market principles, the buyer and the seller were publicly listed on the property rights exchange, and the final transaction price was RMB 25.8 million.

  According to the company, in order to adapt to the trend of low-carbon environmental protection and green ships, with the approval of the company’s board of directors, the company intends to further optimize the ship types and ship age structures of its fleets, including ro-ro ships, by ordering new ships, disposing of old ships and upgrading technology, so as to further increase the proportion of energy-saving and environment-friendly ships and enhance the market competitiveness and customer service ability of its fleets. After this round of sale, the number of ro-ro ships in operation was temporarily reduced to 22, with an average age of about 8.68 years.

  The controlling shareholder of Xuguang Electronics pledged 40 million shares and pledged 25.71 million shares.

  () Announcement was issued. On July 28, 2022, the company received a notice from the controlling shareholder, New Group Co., Ltd. (hereinafter referred to as "New Group") about the pledge and pledge of some shares. This time, 40 million shares were pledged, accounting for 7.36% of the company’s total share capital; 25.71 million shares were pledged this time, accounting for 4.73% of the company’s total share capital.

  Shimao shares: "20 Shimao G2" will begin to pay annual interest on August 1st.

  Coupon rate 3.76% in the current period.

  On July 28th, () announced the interest payment announcement of "20 Shimao G2" in 2022.

  The announcement shows that "20 Shimao G2" will start to pay interest from July 7, 2021 to July 6, 2022 on August 1, 2022 (as July 30, 2022 is a non-trading day, it will be postponed to the first trading day thereafter).

  It is reported that "20 Shimao G2" was publicly issued in China on July 7, 2020, with a total issuance scale of 1 billion yuan, the current balance is about 950 million yuan, and the current coupon rate is 3.76%. After adjustment according to the "Proposal on Principal and Interest Payment Arrangement", the term of this bond is 2 years +2 years.

  Mengtian Home elected Hu Cunji as the chairman of the company’s supervisory board.

  High school diploma

  On July 28th, () announced that the Sixth Meeting of the Second Board of Supervisors reviewed and approved the Proposal on Electing the Chairman of the Board of Supervisors of the Company, and elected Hu Cunji as the Chairman of the Second Board of Supervisors of the Company, with a term of office from the date of adoption of this meeting of the Board of Supervisors to the date of expiration of the current term of the Board of Supervisors.

  Hu Cunji, male, Han nationality, born in April 1975, has a high school education. Since September 1, 1995, he has served as a buyer, salesman, cashier, chief of single department in purchasing department, chief of supplier development in purchasing department, chief of audit department, chief of quality comparison department, manager of purchasing and development department 2, and manager of hardware service department in Mengtian Home Furnishing Group Co., Ltd.

  Hu Cunji holds 0.7118% of the property share of Jiaxing Mengyue Investment Management Partnership (Limited Partnership), and Jiaxing Mengyue Investment Management Partnership (Limited Partnership) directly holds 3.75% of the shares of the company after this issuance.

  Hiromi Paper, the shareholder of Yongji, plans to transfer 8.4 million shares to Huang Qingshi.

  () Announcement. Recently, the company received a notice from the company corporate shareholders Hiromi Paper, and learned that it signed the Share Transfer Agreement (the "Agreement") with Huachuang Securities and Huang Qingshi (the transferee) on July 27, 2022, which agreed to transfer 8.4 million shares of the company held by Hiromi Paper to Huang Qingshi at a price of 5.62 yuan per share.

  Zhonggu Logistics announced the half-year equity distribution plan for 2022, and plans to send 10 12 yuan.

  () Financial News () issued an announcement on July 29th, and the contents of the company’s half-year equity distribution plan for 2022 are as follows: based on the total share capital of 1,418,961,600 shares, a cash dividend of 1.200 billion yuan will be distributed to all shareholders for every 10 shares, accounting for 110.45% of the net profit attributable to the mother in the same period, and no bonus shares will be distributed and no capital reserve will be converted into share capital.

  According to the semi-annual performance report released by Zhonggu Logistics in 2022, the company’s operating income was 7.228 billion yuan, a year-on-year increase of 28.98%; The net profit attributable to shareholders of listed companies was 1.542 billion yuan, a year-on-year increase of 40.04%; The basic earnings per share was 1.09 yuan, compared with 0.86 yuan in the same period last year.

  The main business of Shanghai Zhonggu Logistics Co., Ltd. is container logistics service. Its main products and services are logistics services.

  (Source: Straight Flush iFinD)

  ST Kao’s new contract amount in the second quarter was 9,843,200 yuan.

  () Announced that in the second quarter of 2022, the company and its subsidiaries signed 46 new construction business contracts and planning and design contracts with a total amount of 9,843,200 yuan. In 2022, the company and its holding subsidiaries signed a total of 93 contracts with a total amount of 40,399,700 yuan. Up to now, the above contract is being performed.

  Longgao Co., Ltd. plans to invest 50 million yuan to participate in the Red Soil No.1 Fund under Shenzhen Venture Capital.

  () Announce that in order to implement the company’s development strategy of "market-oriented extension M&A", actively explore investment opportunities for projects, and create new growth points in performance, the company plans to subscribe 50 million yuan with its own funds to participate in the Red Soil No.1 Fund under the Shenzhen Venture Capital.

  Hongtu No.1 Fund, initiated by Shenzhen Venture Capital, complies with the development trend of national strategic emerging industries and the market financing demand, and mainly invests in growth and mature projects in strategic emerging industries, covering core investment areas such as Guangdong-Hong Kong-Macao Greater Bay Area, Yangtze River Delta and Bohai Rim. The company subscribed for the shares of Hongtu No.1 Fund and became a limited partner of the fund, sharing the investment income of the fund according to the overall income and distribution principle of the fund. At the same time, the company and Shenzhen Venture Capital take fund cooperation as an opportunity and link to strengthen cooperation in upstream and downstream expansion and diversified business layout of inorganic nonmetallic mineral industry chain.

  Founder Securities intends to cancel Hebei Branch.

  Founder Securities announced that in order to optimize the layout of the company’s branches, the company decided to cancel Hebei Branch of Founder Securities Co., Ltd. (hereinafter referred to as "Hebei Branch") after deliberation by the company’s executive committee. Hebei Branch has now properly handled customer assets, settled its securities business and terminated its business activities.

  On July 27, 2022, the company received the Notice of Registration [(Shi) Dengzi [2022] No.2382] issued by the Shijiazhuang Municipal Administrative Examination and Approval Bureau, and approved the cancellation of registration of Hebei Branch.

  PDH unit of Bohai Petrochemical Company, a subsidiary of Bohai Chemical Company, temporarily stopped production due to failure.

  Bohai Chemical announced that the company received a notice from Tianjin Bohai Petrochemical Co., Ltd. ("Bohai Petrochemical"), a wholly-owned subsidiary, that the PDH plant was shut down for maintenance due to equipment failure, and the shutdown time is expected to be about 3 days.

  The purchase price of the land located in Nanchang High-tech Zone under the name of Fangda Special Steel is about 185 million yuan.

  () Announced that the Management Committee of Nanchang High-tech Industrial Development Zone ("Nanchang High-tech Industrial Development Zone Management Committee") plans to purchase and store the company’s land use right of 173.5665 mu in the west of Innovation Road and south of Aixihu Road in Nanchang High-tech Industrial Development Zone. The company ("Party B") intends to sign the State-owned Land Use Right Reserve Contract ("Contract") with Nanchang Land Reserve Center ("Party A"), and the total purchase price of the land and the above-ground assets involved in this purchase is 185 million yuan.

  It is reported that the purchase price includes part of the equipment asset price of Jiangxi Fangda Changli Auto Parts Co., Ltd., a wholly-owned subsidiary of the company, and the company will pay part of the money to Jiangxi Fangda Changli Auto Parts Co., Ltd. after receiving the purchase price. After deducting related costs and expenses, this transaction is expected to increase the company’s income and have a certain impact on the company’s 2022 annual performance.

  Huadian power international: Ding Huande resigned as chairman.

  Huadian power international announced that the company had received the resignation report of Mr. Ding Huande, the chairman and director of the company, on July 28th, 2022. Due to his age, Mr. Ding Huande applied to resign as the Chairman, Director and Chairman of the Strategy Committee of the Ninth Board of Directors of the Company. Mr. Ding Huande’s application for resignation will take effect after the new directors are elected at the company’s general meeting of shareholders.

  Zhongyan Chemical’s application for non-public offering of A shares was approved by CSRC.

  () Announcement: Recently, the company received the Reply of China Securities Regulatory Commission on Approving the Non-public Issuance of Shares of Zhongyan inner mongolia chemical Co., Ltd., and approved that the company will issue no more than 287 million new shares in a non-public manner. If the total share capital changes due to capitalization, the number of this issuance can be adjusted accordingly.

  Heli Technology: Shareholders intend to reduce their holdings by no more than 3%.

  () On the evening of July 28th, it was announced that the shareholder of the company, Shanghai Daixi Investment Management Co., Ltd.-Daixi Strategic Emerging Industry Growth No.1 Private Equity Investment Fund, planned to reduce the company’s shares by no more than 4.704 million shares and no more than 3% of the company’s total share capital.

  Daixi Investment, the shareholder of Heli Technology, plans to reduce its shareholding by no more than 3%.

  Heli Technology announced that Daixi Investment, a shareholder of the company, plans to reduce its shareholding by no more than 1.568 million shares within 6 months after 15 trading days from the disclosure date of this announcement, and no more than 1% of the company’s total share capital; Within six months after three trading days from the date of disclosure of this announcement, the company’s shares will be reduced by block trading, not exceeding 3.136 million shares, not exceeding 2% of the company’s total share capital.

  Promote the development of the whole industrial chain of prefabricated vegetables! Xiantan Co., Ltd. cooperated with Aucma Cold Chain and Asepu to build RCEP prefabricated vegetable industry base.

  On the evening of July 28th, Xiantan Co., Ltd. (stock code: 002746, hereinafter referred to as "the Company") announced that it had signed the Strategic Cooperation Agreement with Qingdao Aucma Cold Chain Integration Co., Ltd. (hereinafter referred to as "Aucma Cold Chain") and Asepa (Qingdao) Economic and Trade Development Co., Ltd. (hereinafter referred to as "Asepa"). Based on the principle of "complementary advantages, resource sharing, market operation and win-win cooperation", the three parties have established a long-term, comprehensive and in-depth strategic cooperation mechanism and formed an all-round strategic partnership in the fields of product cold chain logistics and overseas market export.

  It is understood that this cooperation will take the products of Xiantan Co., Ltd. as the origin, Aucma cold chain wisdom full cold chain technology as the basis, and Asepa RCEP comprehensive service as the core, giving full play to the industrial accumulation, industrial experience and industrial contacts of all parties at home and abroad, and building a perfect cold chain logistics trade system for prefabricated vegetables. Improve all aspects of prefabricated vegetables from the field to the dining table, and make the storage and transportation of prefabricated vegetables reduce costs and improve efficiency through technical research and development. Take the lead in building RCEP prefabricated vegetable industrial base and promoting the development of the whole industrial chain of prefabricated vegetables.

  At present, Xiantan Co., Ltd. owns many kinds of chicken food and prefabricated vegetable products. Through the company’s "company+autotrophic farm+farm" model for many years, it has deeply bound the upstream farmers and has a perfect production, processing and sales system. In the future, Xiantan Co., Ltd. will continue to deeply research and develop new prefabricated vegetable products and explore new modes of rural revitalization.

  In addition, in this cooperation, Xiantan Co., Ltd. will use the platform of listed companies to give full play to the comprehensive advantages of well-known product brands, years of industrial accumulation, industry management experience and other aspects, and act as a product exporter in the cooperation, providing documents and high-quality and low-cost products such as divided frozen chicken products, chilled chicken products and prepared foods in accordance with the inspection and quarantine requirements of RCEP member countries.

  Xiantan Co., Ltd. said that this strategic cooperation is an important embodiment of the company’s strategic layout, which will have a positive impact on the expansion of the company’s chicken products and prefabricated dishes in the domestic and international markets, help to enhance the company’s market competitiveness and industry competitiveness, follow the company’s strategic development plan, and accelerate the company’s strategic landing and transformation towards a green, healthy, efficient and safe "big food+big consumption" integrated industrial chain enterprise.

  Juhua Co., Ltd. plans to invest 1.576 billion yuan to implement the 150,000 tons/year special polyester chip new material project.

  () Announcement: In order to give full play to the location advantages and existing comprehensive advantages of Ningbo Petrochemical Economic and Technological Development Zone where Ninghua Company is located, strengthen and improve the petrochemical new materials business of the large company, promote the transformation and upgrading of Ninghua Company, and improve the economic benefits and comprehensive competitiveness of the company, according to the "Development Strategy of the Company’s Petrochemical New Materials Industry" of "focusing on the development of advanced petrochemical materials", it was approved by the board of directors of the company at the 20th meeting of the 8th session.

  The total investment of this project is 1.576 billion yuan. It is planned to introduce international mature technology to produce 1,3-propanediol (PDO) from ethylene oxide, and then PTT (Poly (trimethylene terephthalate)) will be produced from purified terephthalic acid (PTA) and PDO. Product scheme of this project: 150,000 tons/year PTT; 7.2 tons/year PDO (including 10,500 tons of commodities and 61,500 tons of intermediate products). The implementation of this project includes the main device of 7.2 tons/year PDO and 15 tons/year PTT and its supporting projects. It is planned to be completed by the end of October 2024 and put into trial operation by the end of 2024.

  The implementation of this project can give full play to the advantages of Ninghua Company’s location and industrial base, promote the transformation and upgrading of Ninghua Company to advanced petrochemical materials, strengthen and improve the petrochemical new materials business of the company, enhance industrial competitiveness and profitability, and enhance the industrial competitive position, which is of positive significance for promoting the transformation and upgrading of the company to new chemical materials.

  The 125 million shares held by Beijing Angzhan, the shareholder of ST Shida, will be auctioned by the judiciary.

  () It is announced that 125 million shares of unrestricted shares held by Beijing Anzhan Technology Development Co., Ltd. (Beijing Anzhan), the company’s original shareholder holding more than 5%, will be auctioned, accounting for 80.05% of its shares and 5.73% of the company’s total shares.

  Juhua Co., Ltd.: It plans to invest 1.576 billion yuan to build a 150,000-ton/year special polyester chip new material project.

  Juhua Co., Ltd. announced on the evening of July 28th that its wholly-owned subsidiary, Ninghua Company, plans to implement a 150,000-ton/year special polyester chip new material project with a total investment of 1.576 billion yuan. It is planned to be completed by the end of October 2024 and put into trial operation at the end of 2024.

  Chongqing Construction Engineering Co., Ltd. signed a total of 34.195 billion yuan of new contracts in the first half of the year, an increase of about 5.59% year-on-year

  Chongqing Construction Engineering announced that the amount of new contracts signed by the company and its holding subsidiaries in the second quarter of 2022 was 15.457 billion yuan, a decrease of about 18.92% compared with the same period of last year. In the first half of 2022, the cumulative amount of newly signed contracts was 34.195 billion yuan, an increase of about 5.59% over the same period of last year.

  Qilu Bank: It is planned to invest 1 billion yuan to initiate the establishment of Qilu Finance.

  On July 28th, () announced that the company held the 22nd meeting of the 8th Board of Directors, deliberated and passed the Proposal on Initiating the Establishment of Financial Management Subsidiary, and agreed that Qilu Financial Management Co., Ltd. (the final name shall be subject to the name recognized by the regulatory authorities and approved by the industrial and commercial registration authority) was established with a registered capital of 1 billion yuan, and the registered place is planned to be Jinan City, Shandong, China Province, and the company’s shareholding ratio is 100%.

  Qilu Bank said that the source of funds for this investment is the company’s own funds. This investment is an important measure for the company to implement the latest requirements of the regulatory authorities and promote the healthy development of wealth management business, which is conducive to further improving the institutional framework of the company’s wealth management business, strengthening the risk isolation of wealth management business, and better realizing the service purpose of "entrusted by people and managing wealth on behalf of customers". The establishment of a wealth management subsidiary conforms to the regulatory policy orientation and the development trend of domestic and international banking industry, and also conforms to the company’s own strategic development plan, which is conducive to improving the company’s comprehensive financial service level and enhancing its ability to serve the real economy, create value and resist risks as a whole.

  Wen Qingnan, shareholder of Ailong Technology, reduced his holdings by 720,000 shares.

  Ailong Technology announced that the company recently received the Notice Letter on the Implementation Progress of the Reduction Plan issued by Mr. Wen Qingnan. As of the disclosure date of this announcement, Wen Qingnan has reduced the company’s shares by 720,000 shares, accounting for 0.93% of the company’s total share capital; The time for this reduction plan has been more than half, and the reduction plan has not yet been implemented.

  Sanlianban Mingzhi Electric: The revenue of the company’s mobile robot-related business accounts for a relatively low proportion of the total revenue.

  On July 28th, the news () announced the change. Recently, the company paid attention to the media associating the company with the hot concepts in the robot-related market. According to the company’s self-inspection, the company’s mobile robot related business mainly involves the main subsidiaries of the company’s control motor and its drive system business segment, and its products are mainly used in logistics warehousing service robots (AGV/AMR), commercial service robots and industrial service robots.

  In 2021, the operating income of the company’s mobile robot related business was 103 million yuan, accounting for 3.8% of the company’s operating income; The company’s mobile robot related business revenue accounts for a relatively low proportion of the company’s total operating income, which will not have a significant impact on the company’s current operating performance.

  Chongqing Construction Engineering: The amount of new contracts signed in the second quarter decreased by about 18.92% year-on-year.

  Chongqing Construction Engineering announced on the evening of July 28th that the amount of new contracts signed by the company and its holding subsidiaries in the second quarter of 2022 was 15.457 billion yuan, a decrease of about 18.92% compared with the same period of last year. In the first half of 2022, the cumulative amount of newly signed contracts was 34.195 billion yuan, an increase of about 5.59% over the same period of last year.

  Sanlian Mingzhi Electric said that the income from mobile robot-related business accounts for a relatively low proportion.

  On the evening of July 28th, Mingzhi Electric, whose share price rose sharply recently, announced that the revenue of the company’s mobile robot related business accounted for a relatively low proportion in the company’s overall operating income, which would not have a significant impact on the company’s current operating performance.

  Mingzhi Electric said that recently, the company was concerned that some media associated the company with the hot concepts in the robot-related market. According to the company’s self-inspection, the company’s mobile robot related business mainly involves the main subsidiaries of the company’s control motor and its drive system business segment, and its products are mainly used in logistics warehousing service robots (AGV/AMR), commercial service robots and industrial service robots. In 2021, the operating income of the company’s mobile robot related business was 103.1341 million yuan, accounting for 3.8% of the company’s operating income; The company’s mobile robot related business revenue accounts for a relatively low proportion of the company’s total operating income, which will not have a significant impact on the company’s current operating performance.

  In the secondary market, Mingzhi Electric has closed three daily limit boards in succession. As of the close of July 28th, Mingzhi Electric reported 30.64 yuan/share, with an increase of 10.02%. According to the statistics in the form of post-recovery, the price reached a record high.

  Chen Hongling, the actual controller of Baolong Technology, reduced his shareholding by 2%.

  () Announcement: On July 28, 2022, the company received a notice from Mr. Chen Hongling, the actual controller of the company. From July 25 to July 27, 2022, Mr. Chen Hongling reduced his holdings of 4.155 million shares of the company through block trading, accounting for 2% of the company’s total share capital.

  Xiao Zhiguo, shareholder of Dongwei Technology, reduced his holdings to less than 5%.

  Dongwei Technology announced that on July 28th, the company received the Simplified Equity Change Report issued by shareholder Xiao Zhiguo, and during the period from July 26th to July 28th, it reduced its holdings by 780,000 shares, with a reduction ratio of 0.5299%. After this equity change, Xiao Zhiguo holds 7,359,900 shares of the company, accounting for 4.9999% of the company’s total share capital, and is no longer a shareholder holding more than 5% of the company’s shares.

  Ruihuatai’s issue of convertible bonds was approved by the China Securities Regulatory Commission for registration.

  Ruihuatai announced that the company recently received the "Reply on Approving Shenzhen Ruihuatai Film Technology Co., Ltd. to issue convertible corporate bonds to unspecified objects for registration" issued by China Securities Regulatory Commission. Reply to the company’s registration application for issuing convertible corporate bonds to unspecified objects.

  Juhua Co., Ltd.: It plans to invest 1.576 billion yuan to build a 150,000 tons/year special polyester chip new material project.

  Southern Finance July 28th, Juhua announced on the evening of July 28th, 2022 that Ningbo Juhua Chemical Technology Co., Ltd., a wholly-owned subsidiary, plans to implement a 150,000-ton/year special polyester chip new material project with a total investment of 1.576 billion yuan. It is planned to be completed by the end of October 2024 and put into trial operation by the end of 2024.

  The project has been reviewed and approved by the 20th meeting of the 8th Board of Directors of the Company. It does not need to be reviewed by the shareholders’ meeting of the Company, and the construction can only be started after the relevant government approval is completed. (21st century business herald)

  Distribution of rights and interests of Zhongtian Technology in 2021: 0.1 yuan’s equity registration for each share on August 4th.

  () Announce the implementation of the company’s annual equity distribution in 2021: based on the company’s total share capital before the implementation of the plan, cash dividends will be distributed per share (including tax) in 0.1 yuan, date of record on August 4, 2022 and ex-dividend date on August 5, 2022.

  Jushi Chemical elected Chen Gang as the chairman.

  Jushi Chemical announced that the company meeting elected Mr. Chen Gang as the chairman of the sixth board of directors of the company, and his term of office was the same as that of the current board of directors. It is agreed to appoint Mr. Chen Gang as the general manager of the company, and the term of office is the same as that of the current board of directors.

  305 million restricted shares of Fangyuan were listed and circulated on August 8.

  Fangyuan shares announced that the number of restricted shares in the company’s listing and circulation this time is 305 million shares, and the restricted sale period is 12 months; The listing date is August 8, 2022.

  The total shareholding ratio of Zhongzhao Investment, the shareholder of Ginza Co., Ltd. and its concerted parties fell below 5%

  () Announcement: On July 28th, the company received the Report on Simple Equity Change of Ginza Group Co., Ltd. issued by Zhongzhao Investment, a shareholder holding more than 5% of the shares. From July 15th to July 28th, Zhongzhao Investment reduced its holding of 22,420,200 shares of the company through centralized bidding, accounting for 4.31% of the company’s total share capital. After the reduction, Zhongzhao Investment and its concerted parties held a total of 26,003,300 shares, accounting for 4.99999896% of the total share capital, and the total shareholding ratio fell below 5%, which will not lead to changes in the controlling shareholder and actual controller of the company.

  Yellow River Cyclone: Development technologies such as CVD diamond cultivation and production methods are still in the research and development stage.

  () Announced on the evening of July 28th, and replied to the media’s concerns: the project of cultivating diamond industrialization is a key development project in changge city. On July 26th, 2022, the company participated in the observation activities of Xuchang 2022 key project and "three batches" project. On April 7, 2022, the company issued a fixed-income plan, and the total amount of funds raised was not less than 800 million yuan and not more than 1.05 billion yuan, which was mainly used to cultivate diamond industrialization projects. The company has set up a CVD laboratory, which mainly develops diamond application technology. At present, the company’s main method of producing and cultivating diamonds is high temperature and high pressure. The production method of CVD cultivating diamonds and the development technology of the third generation semiconductor are still in the research and development stage, and there are still uncertain factors whether industrialization will be formed in the future.

  Yellow River Cyclone Clarification: The manufacturing method of CVD diamond cultivation and the development technology of the third generation semiconductor are still in the research and development stage.

  The Yellow River Cyclone issued an announcement. Recently, the company paid attention to the media reports that "the company plans to invest a total of 5 billion yuan to expand production and cultivate diamonds". In order to facilitate investors to know about the company, the company has carefully verified the contents of the report, and now it is clarified.

  (1) Report: "The Yellow River cyclone diamond industrialization project is a key development project in changge city, with a total investment of 5 billion yuan, covering an area of 230 mu: 1) It includes three projects: large cavity intelligent press project, intelligent sorting and testing center project and green purification project; 2) To achieve three goals: to extend the industrial chain, to improve innovation chain and to upgrade the value chain. The project is independently developed by the company’s scientific research team, which can effectively reduce the cost of raw materials by more than 50% and save human resources by more than 30%. After all the projects are completed, it is estimated that the annual sales income will be 10 billion yuan. "

  The project of cultivating diamond industrialization is a key development project in changge city. On July 26th, 2022, the company participated in the observation activities of Xuchang 2022 key project and "three batches" project. On April 7, 2022, the company issued the Plan for Non-public Offering of Stocks in 2022. The total amount of funds raised was not less than 800 million yuan and not more than 1,050 million yuan, which was mainly used to cultivate diamond industrialization projects, supplement liquidity and repay bank loans.

  (II) Report: "The company is stepping up research and development of CVD large single crystals and the development and promotion of third-generation semiconductors".

  Relying on the national enterprise technology center and enterprise Post-Doctoral Research Center, the company started the research and development project of cultivated diamonds in 2002, and completed the development and industrialization of high-grade colorless and colored cultivated diamonds above carat level. The manufacturing methods of laboratory cultured diamonds are mainly divided into high temperature and high pressure (HTHP) and chemical vapor deposition (CVD). The company has set up a CVD laboratory, which mainly develops diamond application technology. At present, the company’s main method of producing and cultivating diamonds is high temperature and high pressure. The production method of CVD cultivating diamonds and the development technology of the third generation semiconductor are still in the research and development stage, and there are still uncertain factors whether industrialization will be formed in the future.

  Tiandiyuan hired Wang Tao as the president.

  () Announced that the board of directors of the company agreed to appoint Mr. Wang Tao as the president of the company and Mr. Liu Yu as the secretary of the board; Nominated by the company’s president, the board of directors agreed to appoint Mr. Liu Yongming as the company’s executive vice president, Mr. Yang Bin, Mr. Zhang Xiaodong, Mr. Yuan Xuegong and Mr. Liu Xiangming as the company’s vice president, and Ms. Yu Ling as the company’s chief financial officer.

  Yellow River Cyclone: The manufacturing method of CVD diamond cultivation and the third generation semiconductor development technology are still in the research and development stage.

  The Yellow River Cyclone announced that the company was concerned about some media reports that "the company plans to invest a total of 5 billion yuan to expand production and cultivate diamonds". The company has carefully verified the contents of the report, and now it is clarified. The project of cultivating diamond industrialization is a key development project in changge city. On July 26th, 2022, the company participated in the observation activities of Xuchang 2022 key project and "three batches" project. The company has set up a CVD laboratory, which mainly develops diamond application technology. At present, the company’s main method of producing and cultivating diamonds is high temperature and high pressure. The production method of CVD cultivating diamonds and the development technology of the third generation semiconductor are still in the research and development stage, and there are still uncertain factors whether industrialization will be formed in the future.

  Ruikeda has received a total of 20,945,600 yuan of government subsidies related to income.

  Ruikeda issued an announcement. As of July 28, 2022, the company and its subsidiaries had received a total of 20,945,600 yuan of government subsidies related to income. It is expected to have a certain impact on the company’s 2022 annual profit.

  Magic Investment, the controlling shareholder of Magic Pharmaceutical, has reduced its holdings by 10.64 million shares.

  () Announcement was issued. On July 28, 2022, the company received a notice from Guizhou Magic Investment Co., Ltd. ("Magic Investment"), the controlling shareholder of the company. From July 18, 2022 to July 28, 2022, it reduced its A shares by 10.64 million shares through block trading, accounting for 1.99% of the company’s total share capital.

  Huayang Co., Ltd.: The main equipment of the battery project involved in the company’s sodium ion battery has been installed and the project has not yet been put into production.

  () On the evening of July 28th, the announcement of stock trading changes was disclosed. Recently, the company found that there were industry reports and discussions related to sodium ion batteries. Based on the principle of prudence, the progress of related projects of the company is now described as follows: As of the disclosure date of this announcement, the main equipment of the battery project involved in the company’s sodium ion batteries has been installed, but the commissioning has not been completed, and the project has not yet been put into production, which has not yet generated any income.

  Ding Huande, Chairman of huadian power international, resigned due to his age.

  Today, huadian power international announced the resignation of the chairman. Huadian power international said that the company has received the resignation report of Chairman and Director Ding Huande today. Due to his age, Ding Huande applied to resign as the chairman, director and chairman of the strategy committee of the ninth board of directors of the company. Ding Huande’s resignation application will take effect after the company’s general meeting of shareholders elects a new director.

  Huadian power international’s annual report for 2021 shows that Ding Huande, born in August 1962 in China, is a senior engineer. He graduated from North China Electric Power University with a master’s degree in engineering. He is currently the chairman of the company and an assistant to the general manager of China Huadian Group Co., Ltd. Ding Huande has worked in Huangdao Power Plant, Qingdao Power Plant, Linyi Power Generation Co., Ltd., Shandong International Power Development Co., Ltd., Huadian Fuel Co., Ltd. and Huadian Coal Industry Group Co., Ltd. Ding Huande has more than 30 years of working experience in power production, dispatching and fuel management.

  AVIC Shen Fei: Qi Xia resigned as chief accountant and secretary of the board of directors.

  () Announced that the board of directors of the company recently received a written resignation report from Mr. Qi Xia. Mr. Qi Xia resigned as a director, member of the audit committee of the board of directors, chief accountant and secretary of the board of directors due to job changes.

  According to the Listing Rules of Shanghai Stock Exchange and other relevant regulations, after deliberation and approval at the 16th meeting of the ninth board of directors of the company, Xue Hongyu, deputy general manager, was appointed to perform the duties of chief accountant and secretary of the board of directors on his behalf during the period when the company did not formally hire a new chief accountant and secretary of the board.

  (): Sipuleucel-T injection phase III key registered clinical trial will be launched in the near future.

  Nanjing Xinbai announced on the evening of July 28th that Shanghai Than Shwe, a holding subsidiary, will start the phase III key registered clinical trial of Sipuleucel-T injection in the near future.

  Yinhe Microelectronics: "Yinwei Convertible Bonds" will be listed and traded on August 2nd.

  Galaxy Micro-Power announced that the company’s 500 million yuan convertible corporate bonds will be listed and traded on the Shanghai Stock Exchange from August 2, with the bond code "118011".

  Shareholders of Heli Technology intend to reduce their holdings by no more than 3%.

  Heli Technology announced that Daixi Investment, a shareholder holding 6% of the shares, plans to reduce its holdings by no more than 4.704 million shares in the company within 6 months, and no more than 3% of the company’s total share capital.

  Jianyou shares: obtained the registration approval of vancomycin hydrochloride for injection from FDA.

  Jianyou Co., Ltd. announced on the evening of July 28 that the company was notified by the US FDA on July 27, and the ANDA application for vancomycin hydrochloride for injection, 5g/ bottle and 10g/ bottle declared by the company to the US FDA was approved.

  Jianyou shares obtained the registration approval of vancomycin hydrochloride for injection from FDA.

  Jianyou Co., Ltd. announced that the company recently received an approval letter from the US Food and Drug Administration (hereinafter referred to as "FDA") for vancomycin hydrochloride for injection, 5g/ bottle and 10g/ bottle (ANDANo.: 215196).

  Jinguan Electric Consortium won the bid for 159 million yuan charging station construction project.

  Jinguan Electric issued an announcement. On July 26th, 2022, Fangcheng County Public Resource Trading Center issued the Announcement on the Results of Fangcheng County Electric Vehicle Public Charging Station (Pile) Infrastructure Construction Project. The consortium composed of Henan Jinguan Electric Power Engineering Co., Ltd. (hereinafter referred to as "Jinguan Electric Power") and Nanyang Jinguan Intelligent Switch Co., Ltd. (hereinafter referred to as "Intelligent Switch") won the bid in the first bid section of this project, with the winning amount of 1.59.

  Guo Dun Quantum plans to invest 4 million yuan to establish a joint venture company.

  Guo Dun Quantum announced that in response to the establishment of the Silicon Valley Platform Service Company of HKUST, the company plans to use its own funds to jointly invest with companies such as (), (), Benquan Quantum and Guoyi Quantum to establish a joint venture company. The name of the joint venture company is "HKUST Silicon Valley Service Platform Co., Ltd." (subject to the approval of the industrial and commercial department), with a registered capital of 100 million yuan, of which the registered capital of the company is 4 million yuan in cash, holding 4% of the shares.

  Neusoft Group sends 0.6 yuan date of record for every 10 shares on August 3rd.

  () It is announced that the company will distribute the annual rights and interests in 2021, and distribute the cash dividend (including tax) for every 10 shares in 0.6 yuan and date of record on August 3rd.

  Fengfan shares: polycrystalline silicon accounts for more than 50% in the structure of Jingying photoelectric products.

  () On the evening of July 28th, the announcement of stock trading changes was disclosed. At present, in the product structure of Jingying Optoelectronics, polysilicon accounts for more than 50%. At present, the development of photovoltaic industry takes monocrystalline silicon and high-purity silicon as the mainstream direction, and the market of polysilicon and its related products may be gradually compressed or even eliminated. If this trend continues further, the operation of Jingying Optoelectronics will face greater challenges. There are certain uncertainties about whether and when the acquisition of 100% equity of Jingying Optoelectronics can be approved.

  Lujiazui: Elected Xu Erjin as the chairman of the company.

  Southern Finance On July 28th, Shanghai Lujiazui Financial and Trade Zone Development Co., Ltd. announced that the board of directors of the company agreed to elect Mr. Xu Erjin as the chairman of the ninth board of directors of the company and act as the general manager of the company. Li Jinzhao, the former chairman of the board of directors, resigned as chairman, director, legal representative, acting general manager and special committee of the board of directors due to retirement, and Li Jinzhao will no longer hold any other positions in the company after his retirement. (21st century business herald)

  Fengfan shares recorded three consecutive boards, and there is uncertainty in acquiring 100% equity of Jingying Optoelectronics.

  Fengfan Co., Ltd. announced that the closing price of the company’s shares deviated by more than 20% in three consecutive trading days on July 26, July 27 and July 28, 2022. According to the relevant provisions of the Trading Rules of Shanghai Stock Exchange, it belongs to the abnormal fluctuation of stock trading prices.

  Risks related to this asset acquisition: At present, in the product structure of Suzhou Jingying Optoelectronics Technology Co., Ltd. (hereinafter referred to as "Jingying Optoelectronics"), polysilicon accounts for more than 50%. At present, the development of photovoltaic industry is dominated by monocrystalline silicon and high-purity silicon, and the market of polysilicon and its related products may be gradually compressed or even eliminated. If this trend continues further, the operation of Jingying Optoelectronics will face greater challenges.

  Whether and when the acquisition of 100% equity of Jingying Optoelectronics (hereinafter referred to as "this transaction") can obtain relevant approval or approval is uncertain. Therefore, there are certain risks in whether this transaction can finally be successfully implemented.

  Wanhua Chemical: Lower MDI price in China in August.

  () On the evening of July 28th, it was announced that since August 2022, the listed price of polymeric MDI in China area of the company was 18,500 yuan/ton (down 1,300 yuan/ton from July); The listing price of pure MDI is 22,300 yuan/ton (1,500 yuan/ton lower than that in July).

  Keda Manufacturing: Signing Global Strategic Cooperation Framework Agreement with Shenzhen Venture Capital

  () On the evening of July 28th, it was announced that the company and Shenzhen Venture Capital had reached a preliminary consensus on the strategic cooperative relationship of industrial investment and venture capital in high-end equipment manufacturing, new energy, new materials and other fields around the world. Based on the willingness to cooperate, the two sides signed the Global Strategic Cooperation Framework Agreement on July 28th.

  Keda Manufacturing: GDR is issued and listed on the Swiss Stock Exchange.

  KEDA Manufacturing announced that the Depositary Receipt ("GDR") issued by the company was listed on the Swiss Stock Exchange on July 28, 2022 (Swiss time). The full name of the securities is Keda Industrial Group Co.,Ltd, and the listing code of GDR is Keda. The GDR issued this time totals 12 million shares, corresponding to 60 million A shares of the company.

  Nanwei Software: disclosed the progress of planning control change and continued to suspend trading.

  () It is announced that Mr. Wu Zhixiong, the actual controller of the company, is planning to change the company’s control rights. During the suspension period, the parties to the transaction conducted further communication and consultation on the change of the controlling shareholder and actual controller. At present, the relevant transaction agreement has been basically confirmed, and the parties to the transaction are still performing internal review procedures. The company’s stock will continue to be suspended from the market opening on the morning of July 29th, and it is estimated that the suspension time will not exceed 3 trading days. After the above matters are confirmed, the company will issue relevant announcements in time and apply for resumption of trading.

  Huiwen Tianfu, a shareholder of Jiulian Technology, has reduced its shareholding by 1.02%.

  Jiulian Technology announced that the company today received a letter of reduction from the shareholder Huiwen Tianfu (Suzhou) Investment Enterprise (Limited Partnership) ("Huiwen Tianfu"). As of July 28, 2022, Huiwen Tianfu had reduced its shareholding by 5,113,900 shares through centralized bidding and block trading, accounting for 1.0227% of the company’s total share capital.

  Huahai Qingke received a government subsidy of 41.4746 million yuan.

  Huahai Zero2IPO announced that from January 1, 2022 to July 28, 2022, the company received a total of 41,474,600 yuan in government subsidies.

  Jinguan Electric: A consortium of subsidiaries won the bid for a project of 159 million yuan.

  Jinguan Electric announced on the evening of July 28th that the consortium formed by Nanyang Jinguan Intelligent Switch, a wholly-owned subsidiary, won the bid for the infrastructure construction project of Fangcheng county electric vehicle public charging station (pile), with the winning bid amount of 159 million yuan (including tax). It is estimated that the final contract income of this project will be 100 million yuan (including tax). The contract price of the above-mentioned projects accounts for 16.64% of the company’s operating income in 2021.

  () The subsidiary won the bid of 52,001,600 yuan for the decoration project of public areas and underground garages in the north plot of Nanhu Tianzhu Phase II.

  Jianghe Group announced that Beijing Gangyuan Building Decoration Engineering Co., Ltd. (hereinafter referred to as "Gangyuan Decoration"), a holding subsidiary of the company, recently won the bid for the decoration project of public areas and underground garages in the second phase of Nanhu Tianzhu Real Estate Co., Ltd. (hereinafter referred to as "Nanhu Tianzhu") through public bidding, with the winning bid amount of 52,016,000 yuan, accounting for about 0.25% of the company’s annual operating income in 2021. The project is located in Yueyang City, and the estimated construction period is 180 days.

  It is known that Rixin shareholders Shi Yue He ‘an and October Wu Xun intend to reduce their holdings by no more than 2%.

  It is known that Rixin announced that due to shareholders’ own capital needs, shareholders Shi Yuehe He ‘an and October Wu Xun plan to reduce their holdings by a total of no more than 1,097,300 shares (that is, no more than 2% of the total share capital of listed companies) through centralized bidding and block trading. The shareholding reduction plan will be carried out within 3 months after 3 trading days from the date of announcement.

  Gemdale: The subsidiary plans to purchase corporate bonds of no more than 1 billion yuan in the first phase of marketization.

  () On the evening of July 28th, it was announced that Shenzhen Jindi Building Materials Co., Ltd., a subsidiary of the company, would purchase the company’s bonds in the secondary market in a market-oriented way in accordance with the trading rules of the exchange, with the initial scale not exceeding RMB 1 billion.

  Gemdale: The company’s directors and core management personnel intend to purchase corporate bonds of no more than 20 million yuan.

  Buy the surviving bonds of the company in the secondary market in a market-oriented way.

  On July 28th, gemdale issued an announcement on the results of the company’s directors and core management personnel buying corporate bonds in the market and continuing to buy corporate bonds in the market.

  According to the announcement, on March 26th, 2022, gemdale issued the Announcement on Market Purchase of Corporate Bonds by Directors and Core Managers of the Company. Ling Ke, Chairman of the Board of Directors of the Company, and some core management personnel will purchase the Company’s bonds in the secondary market in a market-oriented manner in accordance with the trading rules of the Exchange, with the total purchase scale not exceeding RMB 20 million.

  As of the date of this announcement, Ling Ke, Chairman of gemdale, and some core management personnel have purchased corporate bonds of "18 Jindi 01", "18 Jindi 07", "21 Jindi 01", "21 Jindi 03" and "21 Jindi 04", with a total purchase amount of 20 million yuan. This bond transaction is consistent with the announced purchase arrangement and meets the requirements of relevant laws and regulations, and there are no behaviors such as interest transfer, violation of fair competition or disruption of market order.

  According to the announcement, in order to actively maintain the stability of corporate bond prices and effectively protect the interests of investors, Ling Ke, Chairman of gemdale, and some core management personnel will purchase the company’s existing bonds in the secondary market in a market-oriented way according to the trading rules of the exchange after the announcement is issued, with a total scale of no more than RMB 20 million.

  ST Jinggu plans to acquire 51% equity of Huiyin Wood Industry.

  () Announced that the company is planning to acquire 51% equity of Tangxian Huiyin Wood Co., Ltd. (hereinafter referred to as Huiyin Wood) held by Cui Huijun and Wang Lancun in cash. Huiyin Wood’s main business is the manufacture and sales of medium and high density fiberboard and particleboard. After the completion of this transaction, the target company will become a holding subsidiary of the listed company.

  Juhua Co., Ltd. plans to implement 150,000 tons/year special polyester chip new material project.

  Juhua shares announced that Ninghua Company, a wholly-owned subsidiary, plans to implement a 150,000-ton/year special polyester chip new material project with a total investment of 1.576 billion yuan.

  Fangyuan shares: About 305 million restricted shares will be lifted on August 8, accounting for 59.65% of the company’s total share capital.

  Released on July 28th-Fangyuan shares announced that about 305 million shares of the company’s restricted shares will be released and listed for circulation on August 8th, 2022, accounting for about 59.65% of the company’s total share capital.

  Huitong Group: The application for public offering of convertible bonds was accepted by CSRC.

  Announcement on July 28th-() said that the company recently received the "China Securities Regulatory Commission Administrative License Application Acceptance Form" issued by China Securities Regulatory Commission (acceptance serial number: 221762). China Securities Regulatory Commission examined the application materials for administrative license for public offering of convertible corporate bonds submitted by the company according to law, and decided to accept the application for administrative license.

  Rong Zhixin: Shareholders intend to reduce their holdings by no more than 2% in total.

  It is known that Rixin announced on the evening of July 28th that due to the capital needs of shareholders, Shiyue He ‘an and October Wu Xun plan to reduce their holdings by no more than 1,097,300 shares (that is, no more than 2% of the total share capital of listed companies) through centralized bidding and block trading.

  Wanhua Chemical’s listing price of polymeric MDI in China in August was 18,500 yuan/ton.

  Wanhua Chemical announced that since August 2022, the listing price of polymeric MDI in China of Wanhua Chemical Group Co., Ltd. was 18,500 yuan/ton (down 1,300 yuan/ton from July); The listing price of pure MDI is 22,300 yuan/ton (1,500 yuan/ton lower than that in July).

  Keda Manufacturing and Shenzhen Venture Capital signed a global strategic cooperation framework agreement.

  Keda Manufacturing announced that the company and Shenzhen Innovation Investment Group Co., Ltd. (hereinafter referred to as "Shenzhen Venture Capital") initially reached a consensus on the strategic cooperation relationship of industrial investment and venture capital in high-end equipment manufacturing, new energy, new materials and other fields around the world. Based on the willingness to cooperate, the two parties signed the Global Strategic Cooperation Framework Agreement on July 28, 2022.

  ST Jinggu plans to acquire 51% equity of Huiyin Wood Industry.

  On the evening of July 28th, ST Jinggu announced that the company was planning to acquire a total of 51% equity of Tangxian Huiyin Wood Co., Ltd. (hereinafter referred to as Huiyin Wood) held by Cui Huijun and Wang Lancun in cash.

  The announcement shows that Huiyin Wood’s main business is the manufacture and sales of medium and high density fiberboard and particleboard. After the completion of this transaction, the target company will become a holding subsidiary of ST Jinggu.

  ST Jinggu said that since the matter is still in the preliminary planning stage, there are still uncertainties in the follow-up, and it is possible to adjust or increase the counterparty according to the negotiation. If this transaction is successfully implemented, it will help the company focus on its main business, enhance its business scale and industry position, further enhance its comprehensive competitiveness and enhance its sustainable profitability.

  It is known that the two shareholders of Rixin intend to reduce their shareholding in the company by no more than 2%.

  On the evening of July 28th, Rongzhi Rixin announced that the shareholders of the company, Lu ‘an Shiyue He ‘an Phase II Venture Capital Partnership (Limited Partnership) (hereinafter referred to as Shiyue He ‘an) and Ningbo October Wu Xun Equity Investment Partnership (Limited Partnership) (hereinafter referred to as October Wu Xun), planned to reduce their holdings of the company by no more than 1,097,300 shares, accounting for no more than 2% of the company’s total share capital.

  Among them, Shiyue He ‘an and October Wu Xun hold 1,797,500 shares and 719,000 shares of Rongzhixin respectively, which are enterprises under the control of the same actual controller, forming a concerted action relationship, holding a total of 2,516,500 shares, accounting for 4.59% of the company’s total share capital.

  For the purpose of reduction, Rong Zhixin said that it is the shareholders’ own capital demand.

  Huayang Co., Ltd.: The main equipment of the battery project involved in sodium ion battery has not been debugged yet.

  Huayang shares issued a stock trading announcement. As of the disclosure date of this announcement, the main equipment of the battery project involved in the company’s sodium ion battery has been installed, but the commissioning has not been completed, and the project has not yet been put into production, which has not yet generated any income.

  Soochow securities: 2 billion yuan short-term financing bonds have been redeemed.

  After the close of trading on July 28th, soochow securities announced that on February 23rd, 2022, the company successfully issued the second phase of short-term financing bonds in 2022, with a total amount of 2 billion yuan, 2.45% in coupon rate and a term of 154 days. On July 27th, the company paid the principal and interest of short-term financing bonds in this period, totaling about 2.021 billion yuan.

  Nanjing Securities will send 1 yuan and date of record for every 10 shares in 2021 on August 3rd.

  Straight Flush Financial News () announced that the company’s annual equity distribution implementation plan for 2021 is as follows: based on the total share capital of 3,686,361,000 shares, a cash dividend of RMB 1.00 yuan will be distributed to all shareholders for every 10 shares, and a total cash dividend of RMB 369 million will be distributed, accounting for 37.72% of the net profit attributable to the mother in the same period. No bonus shares will be distributed, and no capital reserve will be converted into share capital.

  The distribution of rights and interests in date of record is August 3rd, and the ex-dividend date is August 4th.

  According to the 2021 annual performance report released by Nanjing Securities, the company’s operating income was 2.742 billion yuan, a year-on-year increase of 15.91%; The net profit attributable to shareholders of listed companies was 977 million yuan, a year-on-year increase of 20.71%; The basic earnings per share was 0.27 yuan, compared with 0.24 yuan in the same period last year.

  The main business of Nanjing Securities Co., Ltd. is securities brokerage, proprietary investment, investment banking, asset management, futures brokerage, private equity fund management and alternative investment. The company’s main products are brokerage business, credit trading business, securities investment business, investment banking business, asset management business and futures brokerage business.

  (Source: Straight Flush iFinD)

  Guandian Defense will send 0.50 yuan for every 10 shares to 3 shares in 2021, and date of record will be August 3.

  Straight Flush Financial News Guandian Defence announced that the implementation plan of the company’s annual equity distribution in 2021 is as follows: based on the total share capital of 237.51 million shares, a cash dividend of 0.50 yuan will be distributed to all shareholders for every 10 shares, with a total cash dividend of 11.8755 million yuan, accounting for 16.43% of the net profit attributable to the mother in the same period, and 3.00 shares will be transferred to all shareholders for every 10 shares with capital reserve fund, and no bonus will be distributed.

  The distribution of rights and interests in date of record is August 3rd, and the ex-dividend date is August 4th.

  According to the 2021 annual performance report released by Guandian Defense, the company’s operating income was 230 million yuan, a year-on-year increase of 27.87%; The net profit attributable to shareholders of listed companies was 72.2879 million yuan, a year-on-year increase of 35.22%; The basic earnings per share was 0.30 yuan, compared with 0.40 yuan in the same period last year.

  Guandian Defense Technology Co., Ltd. is a state-level specialized and innovative "little giant" and high-tech enterprise. It is the leading domestic drone anti-drug service provider and the earliest domestic enterprise engaged in drone anti-drug product research and development and service industrialization. The company’s main business is UAV flight service and data processing, and the R&D, production and sales of UAV systems and intelligent defense equipment. In terms of UAV flight service and data processing, the company provides customers with full-chain solutions such as project planning, data acquisition, data interpretation, supervision and verification, intelligence research and judgment, relying on its own database and professional processing technology with independent intellectual property rights accumulated over the past ten years. The company’s business covers drug control, anti-terrorism, resource investigation, environmental monitoring, emergency rescue and other fields, especially in the field of drug control, and related scientific research projects have won the second prize of science and technology issued by the Ministry of Public Security.

  (Source: Straight Flush iFinD)

  Zhongtian Technology will send 1 yuan date of record for every 10 shares in 2021 as August 4th.

  Straight Flush Financial News Zhongtian Technology announced that the implementation plan of the company’s annual equity distribution in 2021 is as follows: based on the total share capital of 3,412,949,700 shares, a cash dividend of RMB 1.00 will be distributed to all shareholders for every 10 shares, with a total cash dividend of RMB 341 million, accounting for 198.32% of the net profit attributable to the mother in the same period. No bonus shares will be distributed and no capital reserve will be converted into share capital.

  The distribution of rights and interests in date of record is August 4th, and the ex-dividend date is August 5th.

  According to the 2021 annual performance report released by Zhongtian Technology, the company’s operating income was 46.163 billion yuan, a year-on-year increase of 9.7%; The net profit attributable to shareholders of listed companies was 172 million yuan, a year-on-year decrease of 92.43%; The basic earnings per share was 0.06 yuan, compared with 0.75 yuan in the same period last year.

  Jiangsu Zhongtian Technology Co., Ltd. is a professional enterprise with the most complete variety of optical cables in China, mainly engaged in optical fiber communication and power transmission. Its main products include optical communication and network, power transmission, ocean series, new energy, copper products and commodity trade.

  "Three-core ultra-high voltage cross-linked polyethylene insulated optical fiber composite submarine cable" won the first prize of national equipment management innovation achievement award in power industry. "Metal-free self-supporting optical cable", "OPGW" and "leaky coaxial cable" won the title of "single champion product of manufacturing industry" by the Ministry of Industry and Information Technology; Zhongtian Technology Submarine Cable Co., Ltd. was awarded the "Single Champion Cultivation Enterprise of Manufacturing Industry" by the Ministry of Industry and Information Technology.

  (Source: Straight Flush iFinD)

  Zhongtai Securities will pay 0.63 yuan for every 10 shares in 2021, and date of record will be August 3.

  Straight Flush Financial News () announced that the company’s annual equity distribution implementation plan for 2021 is as follows: based on the total share capital of 6,968,625,800 shares, a cash dividend of 0.63 yuan will be distributed to all shareholders for every 10 shares, and a total cash dividend of 439 million yuan will be distributed, accounting for 13.72% of the net profit attributable to the mother in the same period. No bonus shares will be distributed, and no capital reserve will be converted into share capital.

  The distribution of rights and interests in date of record is August 3rd, and the ex-dividend date is August 4th.

  According to the 2021 annual performance report released by Zhongtai Securities, the company’s operating income was 13.15 billion yuan, a year-on-year increase of 27.02%; The net profit attributable to shareholders of listed companies was 3.200 billion yuan, a year-on-year increase of 26.72%; The basic earnings per share was 0.46 yuan, compared with 0.36 yuan in the same period last year.

  The main business of Zhongtai Securities Co., Ltd. mainly includes wealth management business, investment banking business, securities proprietary business, credit business, research business, asset management business, futures business, private investment fund business, alternative investment business and overseas business including Hong Kong market. At the same time, through its holding subsidiaries, Zhongtai Asset Management, Luzheng Futures, Zhongtai Capital, Zhongtai Venture Capital and Zhongtai International, the Company is engaged in asset management business, futures business, private equity fund business, alternative investment business and overseas business including Hong Kong market. In 2019, the company won the 95538 call center awarded by the All-China Federation of Trade Unions and the title of "National Worker Pioneer" awarded by the All-China Federation of Trade Unions; In the "Junding Award for 2019 China Investment Bank" sponsored by Securities Times, the company won the "Junding Award for 2019 China New Investment Bank". In 2016, the company was selected by China Internet News Center as "2015 China New Third Board Top Ten Market Maker Award"; The company was selected by Securities Times as the "Recommended Team for the Best Stock Transfer System Listing in China in 2016", and the company was awarded the "The Most Influential Listed Broker of the New Third Board" by China Business News.

  (Source: Straight Flush iFinD)

  City Investment Holdings will pay 1.10 yuan for every 10 shares in 2021, and date of record will be August 4.

  Straight Flush Financial News () announced that the company’s 2021 annual equity distribution implementation plan is as follows: based on the total share capital of 2,529,575,600 shares, a cash dividend of RMB 1.10 will be distributed to all shareholders for every 10 shares, and a total cash dividend of RMB 278 million will be distributed, accounting for 30.53% of the net profit attributable to the mother in the same period. No bonus shares will be distributed, and no capital reserve will be converted into share capital.

  The distribution of rights and interests in date of record is August 4th, and the ex-dividend date is August 5th.

  According to the 2021 annual performance report released by Chengtou Holdings, the company’s operating income was 9.193 billion yuan, a year-on-year increase of 40.03%; The net profit attributable to shareholders of listed companies was 912 million yuan, a year-on-year increase of 18.26%; The basic earnings per share was 0.36 yuan, compared with 0.30 yuan in the same period last year.

  The main business of Shanghai Chengtou Holding Co., Ltd. is characteristic development, intelligent operation and real estate finance, forming a sustainable business chain and ecological circle. Business and services cover commercial housing, rental housing, affordable housing, development of science and technology parks, renovation of old urban areas, renovation of villages in cities and PPP projects, operation of rental housing, investment and disposal of real estate, property management, direct equity investment and private equity investment fund management.

  (Source: Straight Flush iFinD)

  Chongqing Construction: The amount of newly signed contracts in the first half of the year was 34.195 billion yuan, up 5.59% year-on-year.

  Chongqing Construction Engineering announced on the evening of July 28th that the amount of new contracts signed by the company and its holding subsidiaries in the second quarter of 2022 was 15.457 billion yuan, a decrease of 18.92% compared with the same period of last year. In the first half of this year, the cumulative amount of newly signed contracts was 34.195 billion yuan, an increase of 5.59% over the same period of last year.

  Xiantan Co., Ltd. signed a strategic cooperation agreement to promote the development of the whole industrial chain of prefabricated vegetables

  Xiantan shares announced that on July 28th, 2022, the company signed the Strategic Cooperation Agreement with Qingdao Aucma Cold Chain Integration Co., Ltd. and Asepu (Qingdao) Economic and Trade Development Co., Ltd., and the three parties formed an all-round strategic partnership in the fields of product cold chain logistics and overseas market export. In this cooperation, we will seize the opportunity of the prefabricated vegetable industry and the development of RCEP, build a perfect cold chain logistics system for prefabricated vegetables around the product characteristics, improve all links of prefabricated vegetables from the field to the table, and reduce the cost and improve the efficiency of the storage and transportation of prefabricated vegetables through technical research and development. Take the lead in building RCEP prefabricated vegetable industrial base and promoting the development of the whole industrial chain of prefabricated vegetables.

  It is known that Nisshin shareholders intend to reduce their holdings by no more than 2% in total.

  I am aware of Nisshin’s announcement that Shi Yue He ‘an and October Wu Xun plan to reduce their holdings by no more than 1,097,308 shares (that is, no more than 2% of the total share capital of listed companies). The shareholding reduction plan will be carried out within 3 months after 3 trading days from the date of announcement.

  Qilu Bank plans to invest 1 billion yuan to set up a wealth management subsidiary.

  Qilu Bank announced that the company plans to invest 1 billion yuan to initiate the establishment of Qilu Wealth Management Co., Ltd.. The registered capital of Qilu Finance is planned to be 1 billion yuan, and the registered place is planned to be Jinan City, Shandong Province, and the company’s shareholding ratio is 100%.

  This investment is an important measure for the company to implement the latest requirements of the regulatory authorities and promote the healthy development of wealth management business, which is conducive to further improving the institutional framework of the company’s wealth management business, strengthening the risk isolation of wealth management business, and better realizing the service purpose of "entrusted by people and managing wealth on behalf of customers". The establishment of a wealth management subsidiary conforms to the regulatory policy orientation and the development trend of domestic and international banking industry, and also conforms to the company’s own strategic development plan, which is conducive to improving the company’s comprehensive financial service level and enhancing its ability to serve the real economy, create value and resist risks as a whole.

  Neusoft Group will send 0.6 yuan date of record for every 10 shares in 2021 on August 3rd.

  Straight Flush Financial News Neusoft Group announced that the company’s annual equity distribution implementation plan for 2021 is as follows: based on the total share capital of 1,229,941,500 shares, a cash dividend of 0.60 yuan will be distributed to all shareholders for every 10 shares, and a total cash dividend of 73,796,500 yuan will be distributed, accounting for 6.29% of the net profit attributable to the mother in the same period. No bonus shares will be distributed, and no capital reserve will be converted into share capital.

  The distribution of rights and interests in date of record is August 3rd, and the ex-dividend date is August 4th.

  According to the 2021 annual performance report released by Neusoft Group, the company’s operating income was 8.735 billion yuan, a year-on-year increase of 14.6%; The net profit attributable to shareholders of listed companies was 1.173 billion yuan, a year-on-year increase of 794.35%; The basic earnings per share was 0.98 yuan, compared with 0.11 yuan in the same period last year.

  Neusoft Group Co., Ltd. always adheres to software technology as the core, and provides industry solutions, intelligent interconnection products, platform products and cloud and data services through the combination of software and services, software and manufacturing, and technology and industry capabilities. In 2017, "Neusoft Neusoft" was once again recognized as "China Famous Trademark" by the State Administration for Industry and Commerce. Neusoft pays attention to the spread and management of employer brands, and has won the title of "CCTV Employer of the Year", as well as the awards of "Best Employer in China" and "Best Employer in Asia-Pacific Region" selected by Aon Hewitt, "Top 30 Best Employers in China in 2019" and "Innovative Extraordinary Employers in 2019". Neusoft is the first software enterprise in China to pass the ISO quality management system certification, the first software enterprise in China to pass the CMM5 and CMM 5 certification, the first batch of "computer information system integration first-class qualification enterprises" recognized by the Ministry of Industry and Information Technology, the first batch of large-scale national information system integration and service enterprises, and the first enterprise in China to pass the Automotive SPICE ML3.

  (Source: Straight Flush iFinD)

  Changjiang Communication will send 0.5 yuan and date of record every 10 shares in 2021 as August 4th.

  Straight Flush Financial News () issued an announcement, and the contents of the company’s annual equity distribution implementation plan in 2021 are as follows: based on the total share capital of 198 million shares, a cash dividend of RMB 0.50 will be distributed to all shareholders for every 10 shares, and a total cash dividend of RMB 9.9 million will be distributed, accounting for 10.83% of the net profit attributable to the mother in the same period. No bonus shares will be distributed, and no capital reserve will be converted into share capital.

  The distribution of rights and interests in date of record is August 4th, and the ex-dividend date is August 5th.

  According to the 2021 annual performance report released by Changjiang Communication, the company’s operating income was 110 million yuan, down 37.79% year-on-year; The net profit attributable to shareholders of listed companies was 91.4524 million yuan, a year-on-year increase of 9.61%; The basic earnings per share was 0.46 yuan, compared with 0.42 yuan in the same period last year.

  Wuhan Changjiang Communication Industry Group Co., Ltd. is mainly engaged in traditional communication business and information electronic business. Products include optical transmission equipment, access network equipment, optical fiber and cable, base station RF cable, digital video equipment and related software.

  (Source: Straight Flush iFinD)

  Huatai Securities will send 4.5 yuan date of record for every 10 shares in 2021 as August 4th.

  Straight Flush Financial News Huatai Securities announced that the implementation plan of the company’s annual equity distribution in 2021 is as follows: based on the total share capital of 7,311,264,900 shares, a cash dividend of 4.50 yuan will be distributed to all shareholders for every 10 shares, with a total cash dividend of 3.29 billion yuan, accounting for 24.65% of the net profit attributable to the mother in the same period. No bonus shares will be distributed, and no capital reserve will be converted into share capital.

  The distribution of rights and interests in date of record is August 4th, and the ex-dividend date is August 5th.

  According to the 2021 annual performance report released by Huatai Securities, the company’s operating income was 37.905 billion yuan, a year-on-year increase of 20.55%; The net profit attributable to shareholders of listed companies was 13.346 billion yuan, a year-on-year increase of 23.32%; The basic earnings per share was 1.47 yuan, compared with 1.20 yuan in the same period last year.

  Huatai Securities Co., Ltd. mainly engages in wealth management business, institutional service business, investment management business and international business. Investment banking business mainly includes equity underwriting, bond underwriting, financial consulting and off-site business, etc. The main brokerage business mainly includes providing asset custody and fund services for private equity funds, Public Offering of Fund and other asset management institutions, including settlement, liquidation, reporting and valuation; Research and institutional sales business mainly includes research business and institutional sales business; Investment trading business mainly includes equity trading, FICC trading and OTC derivatives trading. The company won the Sustainable Development Contribution Award, the 2019 China Excellent Brand Power Securities Company and the Best Investor Relations Award. China securities journal selected the Golden Bull Award of China Securities Industry in 2020: the company won the Top Ten Golden Bull Securities Companies, the Golden Bull Award for Social Responsibility of Securities Companies, the Golden Bull Award for Cultural Construction of Securities Companies, the Golden Bull Award for Financial Technology of Securities Companies and the Golden Bull Wealth Management Team.

  (Source: Straight Flush iFinD)

  Everbright Securities will pay 2.28 yuan for every 10 shares in 2021, and date of record will be August 4.

  Straight Flush Financial News Everbright Securities announced that the implementation plan of the company’s annual equity distribution in 2021 is as follows: based on the total share capital of 3,906,698,800 shares, a cash dividend of 2.28 yuan will be distributed to all shareholders for every 10 shares, and a total cash dividend of 891 million yuan will be distributed, accounting for 25.56% of the net profit attributable to the mother in the same period. No bonus shares will be distributed, and no capital reserve will be converted into share capital.

  The distribution of rights and interests in date of record is August 4th, and the ex-dividend date is August 5th.

  According to the 2021 annual performance report released by Everbright Securities, the company’s operating income was 16.707 billion yuan, a year-on-year increase of 5.3%; The net profit attributable to shareholders of listed companies was 3.484 billion yuan, a year-on-year increase of 49.28%; The basic earnings per share was 0.72 yuan, compared with 0.50 yuan in the same period last year.

  Everbright Securities Co., Ltd. is mainly engaged in securities and futures brokerage, securities investment consulting, securities trading, financial consulting related to securities investment activities, securities underwriting and sponsorship, securities self-operation, providing intermediary services for futures companies, securities investment fund consignment, margin trading and securities lending business, financial product consignment business, stock option market-making business, investment management, asset management, equity investment, fund management business, financial leasing business and other businesses approved by regulatory authorities. The company has been the "Best Securities Company of the Year" for three consecutive years and won the honorary titles of "Top 100 Financial Innovations in 2019" and "Best Investment Bank in China in 2019".

  (Source: Straight Flush iFinD)

  Jianyou shares: Vancomycin hydrochloride for injection obtained the drug registration approval from FDA.

  Jianyou Co., Ltd. announced on the evening of July 28th that the company had recently received an approval letter of vancomycin hydrochloride for injection (5g/ bottle, 10g/ bottle) issued by the US Food and Drug Administration ("FDA"). The medicine is suitable for serious infections caused by methicillin-resistant staphylococcus and other bacteria, such as septicemia, endocarditis, bone infection, lower respiratory tract infection and skin and skin structure infection. Up to now, the company has invested about 45,344,800 yuan in the research and development project of vancomycin hydrochloride for injection.

  Jianghe Group plans to transfer a total of 430 million yuan to create science and technology in Jianghe.

  Jianghe Group announced that the company intends to transfer all the shares of Jianghe Chuangke and Jianghe Digital Intelligence to Zhongshun Yongfeng at a price of 430 million yuan. After the transfer of the underlying equity is completed, the proceeds from the disposal of the equity will be included in the investment income, amounting to about 244 million yuan, which will have an impact on the company’s 2022 net profit.

  ST Jinggu plans to acquire 51% equity of Huiyin Wood Industry.

  ST Jinggu announced that the company is planning to acquire a total of 51% equity of Tangxian Huiyin Wood Co., Ltd. ("Huiyin Wood") held by Cui Huijun and Wang Lancun in cash. Huiyin Wood’s main business is the manufacture and sales of medium and high density fiberboard and particleboard. After the completion of this transaction, the target company will become a holding subsidiary of the listed company. According to preliminary calculation, this transaction is expected to reach the standard of major asset restructuring.

  Founder Securities: Cancellation of Hebei Branch

  Founder Securities announced on the evening of July 28th that in order to optimize the layout of the company’s branches, the company decided to cancel Hebei Branch of Founder Securities Co., Ltd. (hereinafter referred to as "Hebei Branch") after deliberation by the company’s executive committee. Hebei Branch has now properly handled customer assets, settled its securities business and terminated its business activities. On July 27th, the company received the Notice of Registration issued by Shijiazhuang Administrative Examination and Approval Bureau, and allowed Hebei Branch to cancel its registration.

  Zhongnan Construction provides 231 million yuan guarantee for Zhongnan Construction.

  As of the date of this announcement, the balance of external guarantees of the company and its holding subsidiaries was 48.378 billion yuan.

  On July 28th, () issued a progress announcement on providing guarantee for Zhongnan buildings.

  According to the announcement, Xi ‘an Branch of Jiangsu Zhongnan Construction Industry Group Co., Ltd., a wholly-owned subsidiary of the company, applied for a credit of 330 million yuan to Xi ‘an Xincheng Sub-branch of Changan Bank Co., Ltd. for a period of 12 months. The cash pledged by Zhongnan Construction Xi ‘an Branch provides a guarantee. The company’s wholly-owned subsidiaries Nantong Zhongnan New World Center Development Co., Ltd., Dongtai Zhongnan Jinyue Real Estate Co., Ltd. and its holding subsidiary Shanghai Jinguan Real Estate Development Co., Ltd. respectively mortgage their commercial properties to provide a guarantee for the remaining credit beyond the deposit. The company provides joint liability guarantee with a guarantee amount of 231 million yuan.

  As of the date of this announcement, the balance of external guarantees of the company and its holding subsidiaries was 48.378 billion yuan, accounting for 206.61% of the shareholders’ equity of the listed company in the latest audited period. Among them, the balance of the guarantee provided by the company and its holding subsidiaries to the entities outside the consolidated statements is 8.805 billion yuan, accounting for 37.60% of the shareholders’ equity of the listed company in the latest audited period; The amount of overdue guarantee is 0 yuan, and the amount of guarantee involved in litigation is 0 yuan.

  Magic Pharmaceutical: The controlling shareholder has reduced its holdings by 10.64 million shares, accounting for 1.99% of the company’s total share capital.

  Magic Pharmaceutical announced on the evening of July 28th that magic investment, the controlling shareholder of the company, reduced its shareholding by 10.64 million shares through block transactions from July 18th, 2022 to July 28th, 2022, accounting for 1.99% of the company’s total share capital, which did not touch the tender offer and would not lead to changes in the controlling shareholder and actual controller of the company. After this equity change, the proportion of shares held by Magic Investment will be reduced to 22.59%.

  Jinguan Electric: the consortium affiliated to the subsidiary won the bid for the construction project of charging station.

  Jinguan Electric announced that the consortium formed by Jinguan Electric Power and Intelligent Switch, a wholly-owned subsidiary of the company, won the bid for the infrastructure construction project of Fangcheng county electric vehicle public charging station (pile), with the winning bid amount of 159 million yuan (including tax), and the contract price of the above projects accounted for 16.64% of the company’s operating income in 2021. Jinguan electric power and intelligent switch are actually controlled by Fan Chong.

  Qilu Bank plans to set up a wealth management subsidiary with a registered capital of 1 billion yuan.

  On July 28th, Qilu Bank announced the establishment of a wealth management subsidiary.

  According to the announcement, the company held the 22nd meeting of the 8th Board of Directors on July 28th, 2022, and deliberated and passed the Proposal on Initiating the Establishment of a Financial Subsidiary, agreeing that the company wholly initiated the establishment of Qilu Financial Co., Ltd. (the final name is subject to the name approved by the regulatory authorities and the industrial and commercial registration authority) with a registered capital of 1 billion yuan, and authorized the senior management to handle relevant specific matters.

  The announcement also stated that the business scope of Qilu Wealth Management is: publicly issuing wealth management products to the unspecified public, and investing and managing the entrusted investors’ property; Non-public issuance of wealth management products for qualified investors, and investment and management of entrusted investors’ property; Financial advisory and consulting services; Other businesses approved by the State Council Banking Regulatory Authority. The above matters shall be subject to the approval of the regulatory authorities and the approval of the industrial and commercial registration authorities.

  Gemdale’s subsidiary plans to purchase bonds in a market-oriented way, with the first phase not exceeding 1 billion yuan.

  On July 28th, Gemdale (Group) Co., Ltd. (hereinafter referred to as "gemdale") announced that in order to actively maintain the stability of corporate bond prices and effectively protect the interests of investors, its subsidiary Shenzhen Gemdale Building Materials Co., Ltd. will purchase corporate bonds in the secondary market in a market-oriented manner in accordance with the trading rules of the exchange, and the initial scale will not exceed 1 billion yuan.

  Gemdale said in the announcement that the purchase will start after the announcement is issued until the price of the underlying bond remains stable; The scope of purchase is corporate bonds whose market quotation deviates greatly from the valuation.

  Wald’s additional acquisition of assets and raising matching funds were registered and approved by the China Securities Regulatory Commission.

  Wald announced that on July 28, 2022, the company received the Reply of China Securities Regulatory Commission ("China Securities Regulatory Commission") on agreeing that Beijing Wald Diamond Tools Co., Ltd. will issue shares to Su Zhang Laier to purchase assets and raise matching funds for registration. The main contents of the reply are as follows:

  It is agreed that the company will issue 6,764,933 shares to Zhang Sulai, 6,764,933 shares to Zhong Shujin, 162,488 shares to Yu Zhengxi, 43,330 shares to Hu Detian, 60,662 shares to Chen Pengyue, 43,330 shares to Zhong Qin and 60 shares to Huang Guihua. 330 shares, 43,330 shares to Le Xiaojuan, 45,496 shares to Li Huiqun, 45,496 shares to Cai Weiwei, 30,331 shares to Li Gang, 30,331 shares to Wen Miaofa, 30,331 shares to Liang Yuanping and 21,665 shares to Wang Jun. 165 shares, 15,165 shares to Wei Zuqiang, 15,165 shares to Zhong Junfeng, 15,165 shares to Liu Ridong, 15,165 shares to Xuan Jiong, 15,165 shares to Li Yue, 15,165 shares to Zhong Hejun and 15,165 shares to Dou Minggan. 582 shares, 7,582 shares issued to Zhang Bing, and 682,451 shares issued to Shenzhen Qianhai Yitao No.1 Equity Investment Fund Partnership (Limited Partnership) to purchase related assets.

  Agree to the registration application of the company to issue shares to raise matching funds not exceeding 486.95 million yuan.

  China Medicine: Director and General Manager Wang Hongxin resigned.

  China Pharmaceutical announced that recently, the board of directors of the company received written resignation reports from director and general manager Wang Hongxin and deputy general managers Yuan Yingsheng and Chen Jing respectively.

  It is reported that due to work adjustment, Wang Hongxin applied to resign as a director, member of the special committee of the board of directors and general manager of the company, and will no longer hold any position in the company. The resignation report shall take effect when it is delivered to the board of directors. Due to work adjustment, Yuan Yingsheng and Chen Jing applied for resigning as the deputy general manager of the company respectively. Yuan Yingsheng will no longer hold any position in the company, and Chen Jing will continue to hold the position of research manager in the company.

  Jett Bio: "Jett Convertible Bonds" will be listed and traded on August 2nd.

  Jett Bio announced that the company’s 440 million yuan convertible corporate bonds will be listed and traded on the Shanghai Stock Exchange from August 2, 2022. The bonds are referred to as "Jett Convertible Bonds" and the bond code is "118010".

  GDR issued by Shanshan was listed on the Swiss Stock Exchange on July 28th, Switzerland time.

  () Announcement: Global Depository Receipts ("GDR") issued by the company were listed on the Swiss Stock Exchange on July 28th, 2022, Swiss time. The full name of the securities is Ningbo Shanshan Co.,Ltd, and the listing code of GDR is SSNE. A total of 15,442,300 GDRs were issued this time, and the corresponding underlying securities were 77,211,500 A shares of the company.

  After this issuance, the total number of shares of the company is 2,238,465,538, of which 2,161,254,038 shares are non-GDR, accounting for 96.55% of the total shares, and 3.45% are GDR.

  Keda Manufacturing and Shenzhen Venture Capital reached a strategic cooperation to lay out high-quality projects in new energy and other fields around the world.

  Keda Manufacturing announced that the company and Shenzhen Innovation Investment Group Co., Ltd. ("Shenzhen Venture Capital") have reached a preliminary consensus on the strategic cooperation relationship between industrial investment and venture capital in high-end equipment manufacturing, new energy, new materials and other fields around the world. Based on the willingness to cooperate, the two parties signed the Global Strategic Cooperation Framework Agreement on July 28, 2022, and the agreement will be valid for five years after it takes effect.

  According to the announcement, Shenzhen Venture Capital Department was established in 1999 with the contribution of Shenzhen Municipal Government and social capital. At present, it has developed into a comprehensive investment group with venture capital as its core. It has rich experience in investment management, enterprise management, listing and mergers and acquisitions, which can promote invested enterprises or their own other industries and customer resources, cooperate with the company’s business projects, explore joint investment opportunities in related fields, and help the company achieve industrial integration and become bigger and stronger on a global scale.

  It is reported that the establishment of a long-term strategic cooperative relationship between the company and Shenzhen Venture Capital can make full use of the advantages of Shenzhen Venture Capital in terms of professionalism, experience and channels in investment, and tap high-quality projects in the fields of high-end equipment manufacturing technology, new energy and new material technology around the world, helping the company to land its globalization strategy and deepen its strategic investment layout. This cooperation field is in line with the development plan of the company’s main business and globalization strategy, which is helpful to promote the company to integrate high-end manufacturing-related industrial chains, improve the capacity layout of the company’s lithium battery materials business, and establish the technical advantages of negative electrode materials.

  Changrun shares are listed today at a price of 30.56 yuan/share.

  According to the announcement of the exchange, () is listed on the main board of Shanghai Stock Exchange today, with the company’s stock code of 603201, the issue price of 30.56 yuan/share and the issue price-earnings ratio of 18.71 times.

The bar met the high-value "Wechat business", and the "cigarette" she sold was 500 yuan.

  In the WeChat circle of friends, many people have long been accustomed to Wechat business’s advertisements for various "exotic" products. In order to bring the goods, they may even attach photos of handsome guys and beautiful women to attract attention. However, have you ever seen "Wechat business" who only takes selfies, but is vague about the products he sells?

  The fight brought out an "extra-case case". Where did her money come from with high consumption but no job?

  In mid-October, 2019, a fight broke out in a bar in Rui ‘an, Zhejiang Province. Three men were injured after drinking because of trivial matters. When they were taken by the police to the police station for verification, in the WeChat of one of the suspects, a circle of friends that looked no different from Wechat business’s advertisement caught the attention of the police: selfies of various shapes, unintelligible emoticons, and a copy of "lightning delivery".

  Although it is a common expression such as leaves, pills and balloons, similar friends circle is often sent out late at night and will be deleted soon. According to experience, these specific icons often represent that they are selling contraband.

  The suspect confessed that the publisher of this information was a young girl he met in a bar not long ago — — Yu. Yu is a local, but she lives in a hotel all the year round. There are many young unemployed girls living in the hotel with her. Yu sleeps in the hotel during the day and hangs out in major bars in the dark.

  Yu, who graduated from junior high school, used to earn money by dancing in bars. Soon, she found a way to get money faster. Yu is beautiful, and she has accumulated contacts in the bar earlier, and people often come to chat with her. Encouraged by her colleagues, she decided to take advantage of this to attract customers and recommend something to bar regulars that would make them more "hi".

  When the police tracked Yu, they witnessed a deal: Yu first met a man in black downstairs in the hotel, and then a man in white took the man in black to another hotel. The man in white handed a bag of things to the man in black in the lobby, and the two parted ways. The police immediately stopped the man in black to ask him what he had just taken in the hotel. The man in black insisted that he only bought two "cigarettes", and the police did only find two "cigarettes" from the man in black.

  However, on closer inspection, the shape of these two "cigarettes" proves that things are not so simple.

  Paying off the loan by drug trafficking, eating, drinking and having fun, they said, "People can’t have too much money anyway."

  Different from ordinary cigarettes, the two seized "cigarettes" are knotted at the top. After being disassembled, it will be found that the filter tip has been removed, only the bottom is filled with normal tobacco, and the rest are green tobacco. It has been identified that green tobacco contains heroin and methamphetamine.

  It is such a "cigarette" with the purchase price of 120 yuan and the retail price of 500 yuan. The "leaf" expression released by Yu in the circle of friends has finally been solved.

  Cigarettes, milk tea, coffee, candy … … Drugs are disguised as various "foods" by drug dealers in every way, which is not only convenient for trading, but also makes people who come into contact for the first time put down their vigilance and believe that they are just ordinary things that can mobilize their emotions in the mouth of drug dealers, and they have become addicted to drugs without knowing it.

  Tracing back to Yu, the police found Zhao, who was in charge of purchasing goods, a marketer in a bar to attract customers. The first time Zhao came into contact with "Leaves" was at a friend’s party. Zou was Zhao’s girlfriend’s boyfriend and also attended the party. Out of curiosity, Zou tried one. Although he realized afterwards that "leaves" were drugs, he still discussed drug trafficking with Zhao.

  Zou and Zhao usually live a life of eating, drinking and having fun. Zou even owes an online loan. They don’t want to let go of this opportunity to make quick money easily. They are lucky enough to get in touch with the family who sells "leaves" to their friends, and also pull Yu into the partnership.

  Pretending to be a "drug dealer", the police successfully found out Zhao’s last family, Yang. Yang owed debts because he was not good at running a tattoo shop. He also met people who smoked "leaves" in bars and regarded drug trafficking as a "way to make money".

  Different from drug trafficking, which is mostly underground crime in the past, the forms of drugs are also "varied" in the increasing crackdown, and the target has begun to turn to teenagers hanging out in bars and other social places.

  Yu said that after dropping out of junior high school, he began to muddle along. Besides sleeping, he was a bar, and so were his friends around him. He was used to a decadent life and unconsciously took the road of life.

  Six people including Yu, Zhao, Zou and Yang were arrested one after another. Who is Yang’s family? How many floors do they have to go home? Where does "cut tobacco" come from? The case is still under further investigation.

Review on the Management of China Eastern Airlines Logistics Board of Directors in 2023

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

  I. Description of the industry and main business of the company during the reporting period.

  (a) the industry situation

  1. The global economic and trade recovery is tortuous, and the domestic economy is picking up.

  In terms of global economy, the World Trade Organization will increase the growth rate of global trade from 1% predicted in the fourth quarter of 2022 to 1.7% in 2023, and predict that the growth rate will rebound to 3.2% in 2024. The International Monetary Fund predicts that the global economic growth rate will be 3.0% in 2023 and 2024. At the same time, Asian emerging markets and developing economies represented by China and India will lead the world with economic growth rates of 5.3%(2023) and 5.0%(2024). However, many institutions, including the International Monetary Fund, the World Bank and the World Trade Organization, also pointed out that the prospect of global economic and trade recovery in 2023 is not clear, and it will always face the impact of negative factors such as high inflation expectations and the impact of the financial system. At the same time, the trend of trade regionalization and the risk of decoupling and breaking the supply chain will inhibit the recovery of global economic and trade activities.

  In terms of China’s economy, according to the data released by the National Bureau of Statistics, China’s GDP increased by 5.5% year-on-year in the first half of the year, and the overall economic growth rate rebounded, ranking among the leading economies. According to the import and export trade data released by the General Administration of Customs, the scale of import and export trade in the first half of the year exceeded 20 trillion yuan for the first time in the same period, reaching 20.1 trillion yuan, up 2.1% year-on-year. Among them, ASEAN and the "Belt and Road" countries have had a positive pulling effect on supporting China’s import and export scale. In the first half of the year, the total import and export trade between China and countries along the Belt and Road reached 6.9 trillion yuan, accounting for 34.3% of China’s total import and export value in the same period, up 9.8% year-on-year; The total import and export trade with ASEAN reached 3.1 trillion yuan, up 5.4% year-on-year, maintaining its position as the largest trading partner. With the deepening of regional industrial chain cooperation and international economic and trade cooperation led by China, China’s import and export trade will maintain a steady and positive growth trend.

  2. Air freight supply recovered, demand weakened, and revenue declined significantly.

  Domestically, according to data from the Civil Aviation Administration, as the civil aviation industry as a whole entered a stage of rapid recovery, the total cargo and mail turnover of civil aviation in the first half of 2023 was 12.65 billion tons kilometers, an increase of 1.9% over the same period of 2019, and the transportation production level of the industry basically recovered to the level of 2019. Internationally, the global air cargo demand has weakened due to factors such as the high inflation level of major economies in the world and the weak overall growth of the world economy. According to the data released by IATA, the global air cargo demand in the first half of 2023 decreased by 8.1% year-on-year, 5.9% compared with the same period in 2019; With the rapid recovery of the belly cabin of international passenger aircraft, the global air transport capacity supply (available tons and kilometers of mail) exceeded the level of the same period in 2019 for the first time from April 2023, with a year-on-year increase of 9.9% in the first half of 2023 and an increase of 0.9% compared with the same period in 2019.

  IATA, the international air transport association, recently lowered the forecast value of air cargo revenue of global civil aviation industry in 2023 from the previous value of $149.4 billion to $142.3 billion, which was significantly lower than the revenue scale in 2021 ($210 billion) and 2022 ($207.3 billion).

  3. Policy tools to cultivate the kinetic energy of aviation logistics development.

  The strategy of strengthening the country by transportation is a major strategic decision made by the CPC Central Committee. As an important part of a strong country by transportation and a leading industry under the new development pattern, aviation logistics plays an important strategic supporting role in building a high-quality "double-cycle" system, such as serving the domestic demand market consumption upgrade, serving China manufacturing to climb the hill and push brands out to sea. In the first half of this year, the Ministry of Transport, the Civil Aviation Administration and other relevant government departments successively issued a number of support and standardization policies for China’s aviation logistics industry. In January, 2023, the Civil Aviation Administration issued the "Guide to the Work of Keeping Aviation Logistics Smooth and Smooth", aiming at establishing and improving the system and mechanism of aviation logistics and giving full play to the basic guarantee role of aviation logistics in the industrial chain and supply chain; In February 2023, the People’s Bank of China, the Ministry of Transport and China Banking and Insurance Regulatory Commission jointly issued the Notice on Further Improving Financial Support and Services in the Field of Transportation and Logistics, and effectively increased the financial sector’s support for the transportation industry through various policy tools; In March 2023, the Ministry of Transport, the State Railway Administration, the Civil Aviation Administration and other departments jointly issued the "Five-year Action Plan for Accelerating the Construction of a Transport Power (2023 -2027)", taking various measures to help China build a safer, higher quality, more efficient, fairer and more sustainable civil aviation construction system; In July 2023, the Civil Aviation Administration issued the Guiding Opinions on Printing and Implementing the Overall Deployment of Digital China Construction and Accelerating the Construction and Development of Smart Civil Aviation, aiming at better coordinating the construction of new infrastructure and activating the potential of data elements.Give full play to the role of smart civil aviation construction as an innovation engine in promoting the high-quality development of civil aviation.

  4. The operation of industrial logistics and aviation logistics has maintained a recovery trend, and sub-sectors have created new engines for growth.

  According to the data released by the National Development and Reform Commission, the total logistics of industrial products nationwide in the first half of 2023 was 146.8 trillion yuan, accounting for 91.4%, up 3.8% year-on-year, maintaining a recovery trend. With the in-depth implementation of China’s innovation-driven strategy, industrial upgrading has been solidly promoted, new kinetic energy has grown rapidly, and the support for industrial production has been continuously enhanced. According to the data released by the General Administration of Customs, in the first half of 2023, China’s exports of industrial products increased by 3.3% year-on-year, and the development trend of high-end, intelligent and green industries was obvious. Driven by the rapid growth of exports of "new three kinds" (new energy vehicles, photovoltaic modules and lithium batteries), China’s exports of mechanical and electrical products increased by 6.3% year-on-year in the first half of 2023, accounting for 58.2% of the total export value. According to Seabury, a professional service organization in the aviation industry, the total value of China’s air import and export from January to May 2023 exceeded US$ 312.4 billion, which has basically recovered to the same period in 2019; The total import and export cargo by air is 1.825 million tons, which has recovered to 91.1% in 2019. The categories of cargo are mainly industrial logistics represented by high technology (including 3C equipment, medical equipment, semiconductors, etc.), machinery and equipment parts (all kinds of manufacturing-related parts, etc.), raw materials, chemicals and pharmaceuticals (including pharmaceutical products, testing reagents, etc.), electromechanical equipment, automobiles and parts. With the slowdown of inflation in major developed economies in Europe and America and the gradual restoration of confidence in overseas markets, it will help stimulate economic activities, have a positive impact on demand and further support China’s exports.

  (1) New forces at sea help cross-border e-commerce to open up growth space.

  According to the preliminary statistics of the Customs, the advantages and potential of cross-border e-commerce in "buying the world and selling the world" continued to be released in the first half of this year, with the import and export reaching 1.1 trillion yuan, up 16% year-on-year. Among them, exports reached 821 billion yuan, up by 19.9%, and imports reached 276 billion yuan, up by 5.7%, which continued to maintain a good development momentum and effectively helped China’s foreign trade to stabilize its scale and optimize its structure. The expanding global e-commerce market has brought huge development space for China’s cross-border e-commerce business, and the international market’s acceptance and recognition of China-made and China-made brands going to sea has been increasing, which will promote the rapid growth of China’s cross-border e-commerce demand. As a representative of the new generation of offshore platforms, TEMU has successively opened up markets in Europe, Japan and other countries after the American market. TikTok has continuously deepened its social content e-commerce and exerted its strength in the Southeast Asian market, and the total commodity transaction volume GMV has hit record highs.

  Focusing on the two key elements of market and product, the company comprehensively improves the capabilities of cross-border e-commerce logistics market development, product operation and maintenance, front-end collection and terminal distribution, grasps the overall situation of development, improves the ability to develop cross-border e-commerce market in South China represented by Shenzhen, speeds up the distribution of resources, increases investment capacity, enriches the layout of aviation network in South China, and enhances its competitiveness in Guangdong-Hong Kong-Macao Greater Bay Area.

  (2) China contract logistics enterprises to speed up the layout of the sea.

  In recent years, China’s high-tech and high-value-added products and related industries have greatly accelerated the expansion of overseas markets, and gradually occupied a dominant position in China’s export structure. For example, the "new three kinds" of foreign trade, which continues to heat up, has become a new growth point for the transformation and upgrading of manufacturing industry. The contract logistics enterprises in China also actively responded to the global expansion of China manufacturing, and gradually accelerated the layout speed of the global logistics service network. In addition to the traditional Southeast Asian market, more and more local contract logistics enterprises in China are going to Latin America, Africa, Europe and the United States with manufacturing and consumer brands, and building a global logistics infrastructure network led by American enterprises.

  The company constantly tries to integrate overseas logistics enterprises with network advantages in various ways to provide customers with "one-stop" comprehensive logistics solutions. In February, 2023, the company officially launched its self-developed online sales platform "Orange Swallow". Through cooperation with many overseas online platforms, it provided a number of important trade channels with Shanghai as the anchor point, traveling to and from Europe, America and the Asia-Pacific region, and further deepened the development of the global freight market.

  (3) Accelerate the construction of high-quality cross-border cold chain logistics service system.

  The National "14th Five-Year Plan for Cold Chain Logistics Development" points out that as China has turned to a high-quality development stage, the industry has accelerated to the middle and high end of the global value chain, and modern agriculture, food industry, pharmaceutical industry and service industry are facing an overall upgrade. The demand for high-quality, refined and personalized cold chain logistics services is growing day by day, so it is necessary to vigorously develop aviation cold chain logistics for high-end fresh food and pharmaceutical products. According to the data of the General Administration of Customs, China’s imported meat and edible aquatic products increased by 9.5% and 30% respectively in the first half of this year. Fruit imports from ASEAN reached 40.54 billion yuan, up 24.1% year-on-year, among which fresh durian increased by as much as 65%. ASOEX, a Chilean fruit exporter association, points out that China is the main export destination of Chilean cherries. In 2022-2023, Chile exported 372,000 tons of Chilean cherries to China, accounting for 97% of the total export volume of Chilean cherries in Asia. According to the data of Norwegian Seafood Bureau, the value of salmon imported by China from Norway in the first half of this year was 1.97 billion yuan, an increase of 95% over the same period last year.

  The company set up a wholly-owned subsidiary, Fresh Port (Ningbo) Supply Chain Management Co., Ltd. (hereinafter referred to as "Fresh Port Company") in Ningbo, focusing on cross-border direct procurement of fresh food. With the advantages of Ningbo Port and its own air transport resources, it has built a fresh port model integrating port service, cold chain transportation, cold chain storage, processing and trading, and continuously expanded the categories of imported fresh food. In the first half of the year, the company and Box Horse jointly purchased and introduced high-quality fruits such as mangosteen, durian, mango and dragon palace fruit from Thailand to Shangchao channel through Ningbo. On this basis, the company plans to replicate the fresh port model to many places in China, and with the help of the increasingly perfect cold chain logistics supply chain, send more foreign high-quality fresh products to China to meet the increasingly diversified needs of consumers in China.

  (2) Main business information

  1. Air Express

  China Eastern Airlines Logistics provides customers with air cargo logistics services covering major international and domestic airline networks by means of all-cargo transportation and passenger cabin transportation. By the end of the reporting period, the company owned 17 all-cargo planes, including 15 B777 and 2 B747. The company’s all-cargo flights reach many international cities such as Los Angeles, Chicago, Frankfurt, Amsterdam and new york. The belly cabin transportation of passenger aircraft mainly relies on the global route of China Eastern Airlines. Through SkyTeam, code sharing and SPA agreement, the route network reaches 1,088 destinations in 184 countries and regions around the world. Relying on the competitive advantages of air express business, such as fast transportation speed, large spatial span, safe and accurate transportation, and being not limited by geographical conditions, the company has continuously increased its own transportation capacity to build an air express product system covering express, special freight and general goods with different transportation timeliness and product service requirements, thus contributing to the optimization and upgrading of China’s industrial structure, the transformation and upgrading of manufacturing industry and the brand’s going out to sea.

  2. Integrated ground services

  Ground comprehensive services include cargo terminal operation, multimodal transport, warehousing business, etc. Fast and efficient ground comprehensive services not only reduce the time cost and transportation cost of aviation logistics enterprises, but also provide convenience for broadening logistics channels and improving the accessibility of cargo transportation, which is a necessary extension and core guarantee link of aviation logistics.

  (1) Cargo Terminal Operation

  The company has 17 self-operated cargo terminals and 1.5 million square meters of storage area and operation site nationwide, and has built the unique advantages of domestic cargo terminals and storage ground service network. On this basis, it has further improved the development, design and marketing capabilities of innovative products and services for ground services, empowered the operation of air cargo terminals through digital intelligence construction, and provided partners with ground services including assembling, tally, transit, and information processing of inbound and outbound documents.

  (2) Multimodal transport

  The company improves the operational efficiency and service level of multimodal transport services by accelerating the improvement of informatization and intelligence, opening up the freight information chain and realizing information sharing, and provides customers with multimodal transport services such as truck flight services for inbound and outbound goods, short ground connection between cargo stations and other additional services provided according to customer needs.

  (3) warehousing business

  In addition to general cargo storage in airport cargo terminals, the company has diversified special storage resources such as temperature-controlled cargo warehouses (including cold storage, freezer and constant temperature warehouses), dangerous goods warehouses, precious goods warehouses, live animal warehouses and out-of-gauge cargo warehouses, which are rare in China and can meet the storage needs of special goods, and also provides storage services in customs supervision areas for international import and export goods.

  3. Integrated logistics solutions

  The company deeply cultivates integrated high-end logistics solutions, seizes the strategic opportunity of China enterprises to improve supply chain efficiency and establish an independent and controllable global supply chain system, deeply digs into customers’ demand for supply chain upgrade, highlights the "timeliness" and the value of having airline transportation resources, and provides high-end logistics solutions that are different from other competitors in resource-advantaged regions and markets, so as to create a supply chain system with the capabilities of information management, inventory control, lean delivery and multimodal transport, and provide customers with customized and efficient high-end logistics "China Eastern Airlines Scheme".

  (1) Cross-border e-commerce solutions

  At present, cross-border e-commerce has injected new momentum into China’s foreign trade development. The company makes full use of the advantages of Pudong Airport’s port and trunk resources to provide direct mail customs clearance services, domestic operations, container warehouse operations, international air transportation and other basic services for the logistics needs of e-commerce sellers, e-commerce platforms, independent stations and cooperative logistics service providers. At the same time, by integrating overseas customs clearance, transshipment and tail-end delivery supplier resources, we will provide sellers and platform customers with cross-border export logistics services in the whole process or "port+warehousing" to enhance the company’s full chain service level, comprehensive service capability and international competitiveness.

  (2) Direct origin solution

  Direct origin is committed to building a global high-end renewable animal protein and fruit and vegetable fast cold chain service integrator: providing one-stop supply chain services from overseas origin to designated locations in China, such as overseas fresh food collection, factory delivery, international transportation, customs clearance and port temporary processing. Fresh transportation can provide customers with customized charter flights, ships and cabins, as well as sea-air combined transport, international transit transport, domestic distribution and warehouse delivery services; Fresh trade services can provide customers with flexible and diverse trade forms such as FOB (fob), CIF (CIF) and CNF (CIF (excluding insurance)); Fresh port service can provide customers with value-added services such as port temporary storage, subcontracting and initial processing. The place of origin goes directly to the information platform of Feilai Fresh, which connects all links of overseas factories, means of transport and domestic sales channels, and helps the high-end import and export fresh supply chain system become more agile, smarter and more transparent. With faster speed, better quality and more assured supply chain service, China Eastern Airlines’ direct production area meets the people’s desire for a better life.

  (3) Supply chain of peer projects

  The inter-bank supply chain project mainly provides standardized air transport and ground integrated services for customers in postal, express and air freight forwarding industries; In addition, according to the needs of some customers, based on the linkage effect formed by self-owned routes and cargo terminals, we provide customers with "port-to-port" cross-border transit aging products. This business integrates the advantages of all parties in the supply chain to create more economical and high-quality aviation logistics service products for customers.

  (4) Customized logistics solutions

  Customized logistics solutions are mainly aimed at customers in high-tech, biomedical, aviation equipment, consumer goods and other industries, and provide highly customized "one-stop" integrated logistics service solutions based on customers’ differentiated aviation logistics needs. On this basis, the company has continuously tapped its own advantages, grafted external superior resources in many ways, further extended its service chain and further enhanced its market competitiveness.

Second, the discussion and analysis of the business situation

  (1) Overall operation in the first half of 2023

  In the first half of 2023, due to the high inflation level of major economies in the world and the weak overall growth of the world economy, the global air cargo market demand weakened; With the rapid recovery of the belly cabin of international passenger aircraft, the supply of air transport capacity has increased, the air freight rate has fallen sharply, and the air freight market has gradually returned to the normal stage.

  Facing the new situation, the company adheres to the general tone of steady progress, constantly enhances the core competitiveness of enterprises, accelerates the development towards high quality, and promotes the effective improvement of quality and reasonable growth of the company’s business. In terms of air express transportation, we should better coordinate development and safety, adjust the structure and scale of the fleet in an orderly manner, continuously optimize the layout of the aviation network, actively seize the market, maintain the cargo carrying rate at a high level, and achieve an increase in the total turnover of cargo and mail transportation; In terms of ground comprehensive services, we will strengthen the maintenance of airline companies and agent customers, consolidate our dominant position in Shanghai’s main base, vigorously expand cargo charter business and truck flight business, and continue to promote innovative businesses such as one-stop air service center, so that the cargo and mail handling capacity will increase; In terms of integrated logistics solutions, we will strengthen direct customer marketing, concentrate superior resources to protect core customers, establish a cross-border free-wing product service system with the characteristics of China Eastern Airlines logistics brand, provide air transportation solutions for many high-tech enterprises, accelerate the construction of cross-border fresh food express transportation network, and achieve rapid growth in imported fresh food business.

  1. Main financial data

  In terms of operating income and gross profit, during the reporting period, the company achieved operating income of 9.376 billion yuan, down 19.22% year-on-year, of which the main business income was 9.372 billion yuan, down 19.20% year-on-year; During the reporting period, the gross profit of the company’s main business was 2.295 billion yuan, down 36.62% year-on-year, and the comprehensive gross profit margin was 24.48%, down 6.73 percentage points year-on-year. See Table 3 and Table 4 for the income and gross profit of each business segment.

  In terms of air express transportation, from the revenue side, the company has steadily increased and optimized the transportation capacity, and maintained the cargo carrying rate at a high level. In the case of weak market demand, it has dug deep into the supply potential, stabilized existing customers and developed new customers, and the total turnover of cargo and mail transportation has increased by 13.82% year-on-year. Due to the weakening of investment and consumer demand in overseas markets, the demand for air freight decreased, and the spot freight rate in the air freight market fell sharply. According to TAC air freight price data, the spot freight rates from Shanghai to North America and Europe all fell by more than 45% at the end of the reporting period. Although the company locked in the price by signing a certain proportion of long-term contracts, the overall freight rate still fell sharply during the reporting period. Under the influence of the above-mentioned volume and price factors, the business income of air express plate decreased year-on-year. From the cost side, due to the expansion of fleet size and the increase of cargo and mail turnover, the main operating costs such as depreciation and jet fuel cost of all cargo planes increased year-on-year, and the transportation service price of passenger cargo business decreased year-on-year due to the large reduction of customers and the sharp decline of freight rates. On the whole, the cost of this sector decreased by 23.25% year-on-year. During the reporting period, the aviation express segment realized the main business income of 4.528 billion yuan, down 35.29% year-on-year, and the gross profit margin of the main business was 28.51%, down 11.21 percentage points year-on-year.

  In terms of ground integrated services, from the revenue side, the company actively tapped the market potential and accelerated the development of innovative businesses such as one-stop air service center. At the same time, due to the low base in the same period last year, the cargo and mail handling volume recovered steadily during the reporting period, increasing by 16.54% year-on-year, realizing the growth of main business income. From the cost side, the company continued to improve personnel efficiency by building smart cargo terminals. During the reporting period, labor costs decreased slightly year-on-year, and at the same time, the expenditure on epidemic prevention expenses was reduced compared with the same period last year. During the reporting period, the ground comprehensive service sector realized the main business income of 1.167 billion yuan, up 6.49% year-on-year, and the gross profit margin of the main business was 36.46%, up 17.00 percentage points year-on-year, of which the gross profit margin in the second quarter was 41.57%, which returned to the historical high level.

  In terms of integrated logistics solutions, the company fully integrates its own resource advantages such as air transportation and ground cargo terminal operation, enhances the satisfaction of direct customer service and enhances customer stickiness, while continuing to play its leading role in cross-border fresh food supply chain and expanding its business scale. During the reporting period, the integrated logistics solutions segment realized the main business income of 3.678 billion yuan, a year-on-year increase of 4.86%; In the case of a sharp decline in air freight rates, the gross profit margin of the main business remained at 15.73%, a slight decrease of 2.18 percentage points.

  In terms of expenses, during the reporting period, sales expenses and management expenses were basically the same as those of the same period last year; The company continued to increase investment in business management systems and information systems, and spent 14.07 million yuan on research and development, up 97.64% year-on-year; Due to the exchange loss caused by the fluctuation of RMB exchange rate and the interest expenses caused by the introduction of new financial leasing aircraft, the financial expenses increased by 261.15% during the reporting period.

  In terms of net profit, during the reporting period, the company achieved a net profit of 1.47 billion yuan, down 41.40% year-on-year, due to factors such as the sharp drop in air freight rates and exchange losses. The net profit rate was 15.68%, down 5.93 percentage points year-on-year; The net profit attributable to the owners of the parent company was 1.272 billion yuan, a year-on-year decrease of 40.11%; The net profit attributable to the owner of the parent company after deducting non-recurring gains and losses was 1.137 billion yuan, down 45.03% year-on-year.

  In terms of capital structure, as of the end of the reporting period, the company’s assets maintained steady growth, with total assets of 27.446 billion yuan and net assets attributable to shareholders of listed companies of 14.234 billion yuan, up by 5.29% and 5.25% respectively compared with the end of last year; The company’s asset-liability ratio was 43.19%, down 0.48 percentage points from the end of last year.

  2. Main business operation data

  During the reporting period, the main operating data of the company’s air express, ground integrated services and integrated logistics solutions are shown in Table 5, Table 6 and Table 7.

  (2) Consolidate the operating chassis and improve the operational toughness, and the efficiency of air express transportation is generally stable.

  1. Adjust the structure of the fleet steadily, and accurately ensure the operation guarantee.

  In terms of fleet planning, during the reporting period, the company continued to implement the "14 th Five-Year Plan" all-cargo aircraft fleet development plan and continuously optimized the fleet structure and scale. Two brand-new B777 all-cargo planes were successfully introduced by means of financial leasing, and two B777s whose operating lease contracts were due to expire were started to be returned. By the end of the reporting period, the company had 17 registered cargo planes, including 15 B777 and 2 B747. The follow-up company will further optimize the fleet structure and form a unified fleet of B777 aircraft, all of which will be owned or financed, which will help to reduce the overall aircraft holding cost and operating cost of the company.

  In terms of aircraft operation, the company coordinates development and safety, and accurately pays attention to operational guarantee. In terms of flight technology and crew management, strengthen training management, make full efforts to make arrangements for crew configuration, ensure balanced strength of crew, and meet flight production needs; In terms of maintenance supervision, strengthen the control of aircraft key systems and repeated technical failures, dynamically optimize and adjust the execution time of C inspection, and improve the arrival rate of aircraft; In addition, through the continuous optimization and adjustment of air routes and alternate sites, economic oil loading and other measures, the operation cost is reduced.

  During the reporting period, the carrying rate of all cargo planes was 82.75%, down by 1.64 percentage points year-on-year; With the withdrawal of the "passenger-to-cargo" derived from meeting the freight demand and the rapid recovery of the belly cabin of conventional passenger aircraft, the route structure of passenger aircraft freight business has changed, resulting in a significant decline in the passenger aircraft freight business carrying rate, down 8.63 percentage points year-on-year to 30.10%.

  2. Continuously optimize the route network and promote the construction of express product system.

  For all cargo planes, the company is committed to building an all cargo plane route network with Shanghai as the main hub, Guangzhou-Shenzhen as the secondary hub, and Beijing and Chengdu-Chongqing as the "two wings". During the reporting period, the company actively expanded and encrypted the frequency density of European and American routes. First, encrypt the frequency density of routes in Europe, America and Japan to consolidate Shanghai’s position as the main hub; Second, a new all-cargo flight from Shenzhen to London will be opened, so that the direct capacity of routes in South China can cover the European and American markets. During the reporting period, the company had 17 scheduled flights for all cargo planes, including 15 from Shanghai and 2 from Shenzhen.

  In terms of passenger cargo business, during the reporting period, with the rapid recovery of international conventional passenger cabin, the company made overall plans for conventional passenger cargo business and unconventional passenger cargo business, deepened cooperation with major intermodal partners in Europe, America and Asia, and carried out intermodal transport with Delta Air Lines and Japan Airlines on the Shanghai-Seoul/Tokyo route in the form of package cooperation. At the end of the reporting period, the company’s passenger aircraft belly cabin transportation mainly relied on the global routes of China Eastern Airlines. Through SkyTeam, code sharing and SPA agreement, the route network reached 1,088 destinations in 184 countries and regions around the world.

  In terms of product system construction, the company actively expands the transit business, makes full use of the coverage advantages of domestic passenger aircraft belly cabin and ground truck network by using the policy of "customs clearance integration", further enriches the products with "port-to-port" time limit, and extends them to the hinterland of the Yangtze River Delta, southwest China, South China and other regions to dig deep into the aviation logistics demand of high-value goods, expand the product coverage and improve the revenue level of the whole network.

  3. Strengthen market development, resist fluctuations and seek resilience.

  During the reporting period, in terms of long-term contract signing, the company maintained the annual contract signing rate of all cargo planes to a reasonable level through the combination and promotion of various service products, of which the contract signing rate of long-term routes originating from Europe and America in Shanghai was over 60%, and that of short-term routes in Asia-Pacific was about 50%; In terms of cooperation with major customers, the company has continuously deepened cooperation with large international logistics enterprises ranked in the forefront of global air transport, and reached cooperation agreements with many international logistics giants; In terms of domestic passenger aircraft belly cabin sales, we will strengthen cooperation with domestic express delivery companies such as SF Express, Leap Forward and Tongda Department, and launch "road-to-air" and economic mail products; In addition, bidding for domestic sites and zero-low-income flights was carried out, and underwriting and booking agreements were signed. By taking the above measures, in the first half of 2023, when the air freight rate dropped sharply, the company’s air express business showed certain operational resilience.

  (3) Strengthen the operation quality and tap the market potential, and quickly repair the benefits of comprehensive ground services.

  1. Dig deep into the market potential to generate income and increase efficiency, and steadily promote the construction of new capacity.

  In terms of market sales, in the face of weak market demand, the company actively maintains existing customers and develops incremental customers. On the one hand, actively visit various airlines and key agent customers to deeply understand their operating pain points and difficulties, and at the same time strengthen the management of agents and do a good job in maintaining existing customers; On the other hand, we will intensify market development, actively expand potential customers, sign ground service agreements with airlines such as Vietnam Bamboo Airlines and Alitalia, and provide air cargo and mail ground agency services at Shanghai Pudong Airport and Beijing Daxing Airport.

  In terms of new capacity construction, the company has steadily promoted the construction of the second phase of Pudong Airport West Cargo Terminal, the joint venture company of Pudong Airport Smart Cargo Terminal and the cold storage project of the logistics center cargo terminal, among which the second phase of Pudong Airport West Cargo Terminal is expected to be completed and put into operation by the end of this year, and the joint venture company of Pudong Airport Smart Cargo Terminal has started construction and is expected to be completed by the end of 2025. In terms of the development and operation of airport industrial park, the Northwest Airport Industrial Park project of China Eastern Airlines Logistics has been successfully put into production, and customers have settled in during the reporting period. The company will also actively promote the negotiation and signing of Zhengzhou Logistics Park and other projects, and take advantage of the company’s air transportation advantages to realize the benign interaction between airport warehousing and aviation main business.

  During the reporting period, the company handled 1,188,000 tons of cargo and mail, up 16.54% year-on-year. Among them, the cargo and mail handled in Shanghai was 1,020,700 tons, up 13.75% year-on-year, and the market share in Shanghai was 58.36%.

  2. Expand the service connotation and develop value-added service products.

  During the reporting period, the company enriched its business connotation in terms of service products, service chain and service innovation. In terms of service products, according to customer demand and market changes, design and develop new value-added service products of cargo terminals, such as limited delivery service, integrated ground operation service and apron direct delivery service; In terms of service chain, the one-stop air service center is used to provide extended distribution services at both ends of the "port-to-port" supply chain according to the individual needs of customers, helping the company to realize the transformation of its comprehensive logistics solution business from "port-to-port" to "door-to-door", and expanding its service targets from airline customers and freight forwarding customers to direct customers covering high-tech industries; In terms of service innovation, we continued to promote business innovation and transformation, and set up Sigat Studio to engage in dangerous goods air transport safety operation training, industry rules formulation, and dangerous goods transport professional scheme customization.

  3. Continue to increase investment in science and technology to empower smart cargo terminals.

  During the reporting period, the company continued to increase investment in science and technology, committed to realizing unmanned production operations, visualized production data, timely tracking of goods status, and online process management, and gradually changed from labor-intensive to technology-led. First, the EOS new cargo terminal operating system, the company accelerated the process of building a "smart cargo terminal", and the EOS new cargo terminal operating system was officially put into operation in the East Pudong cargo terminal, integrating the existing fragmented and scattered systems, realizing the whole chain tracking of goods, helping the work of the cargo terminal to be scientific and technological, the process to be intelligent and the goods to be informationized, and promoting the digital transformation and development; Second, the latent lifting AGV project, which has been tested in the warehouse, can save energy and increase efficiency, make full use of existing space, reduce manpower and equipment investment, reduce operational safety risks, improve cargo operation quality and help intelligent cargo terminal construction; Third, the customer service platform, which officially launched the module of booking and picking up incoming goods, has covered more than 90% of the incoming goods in two cargo stations, standardized the international picking up process of incoming goods in Pudong, greatly shortened the time of agent picking up goods, improved the efficiency of picking up goods, and prepared to build a centralized document examination center to unify the operation process and improve work efficiency.

  (D) Deepen direct customer cooperation and strengthen innovative business, and the revenue of integrated logistics solutions continues to grow.

  The company gives full play to its resource integration advantages and service capabilities, responds to customer needs quickly, and provides comprehensive logistics solutions for the whole link. During the reporting period, the company continued to deepen its market segments, achieved remarkable results in direct customer expansion, and achieved sustained growth in the business income of integrated logistics solutions.

  1. Cross-border e-commerce solutions

  The company continuously explores the growth point of cross-border e-commerce business, enriches the cross-border product operation and maintenance system and revenue operation and maintenance mode, and monitors all links of cross-border full-link products in real time to ensure the overall revenue of cross-border business. In terms of product system development, we will launch a series of products such as Wing Optimization, Wing Express, Wing Express, Wing Huiyun and Wing Warehouse in stages according to timeliness, service type and service object, providing customized products to large customers and standardized products to small and medium-sized customers, with good customer structure and effectively suppressing market fluctuations; In terms of customer development and market development, we will continue to increase the depth, breadth and regional scope of cooperation with fast fashion cross-border e-commerce head enterprises, provide them with comprehensive logistics service solutions including factory delivery, port operation and air transportation, continuously optimize service processes and continuously improve service timeliness to meet the extreme logistics needs of customers. In addition, in order to meet the huge cross-border e-commerce logistics demand in South China, the company will continue to increase the resource layout in South China markets such as Guangzhou and Shenzhen, increase investment capacity and enrich the aviation network. In terms of cost control, the trunk transportation cost accounts for a high proportion of the whole process cost of cross-border e-commerce. The company flexibly adjusts the structure of its own transportation capacity and external transportation capacity according to market changes and optimizes the trunk transportation cost.

  During the reporting period, cross-border e-commerce solutions realized the main business income of 1.904 billion yuan, up 73.25% year-on-year.

  2. Direct origin solution

  During the reporting period, the company registered and established a wholly-owned subsidiary, Fresh Port Company, as an independent legal entity operating the direct origin solution business. Since its official operation, Fresh Port Company has taken many measures simultaneously. On the basis of its long-term regular fresh flights such as Chengdu/Zhengzhou-Santiago de Chile, Ningbo-Los Angeles, Zhengzhou/Ningbo-Bangkok/Ho Chi Minh/Osaka/Seoul, Shanghai-new york and the "RCEP Fresh Express", around the two core product axes of "Renewable Animal Protein and Fruit and Vegetable Products", it has been established in Ningbo, Zhengzhou and Chengdu. In the future, the company will add services such as port operation service, temporary storage and temporary maintenance of fresh food, subcontracting and segmentation to the fresh food import industrial chain, and create a model of "one route, one industry, one ecological circle".

  In terms of lobster import in North America, by paying close attention to the stable operation of flights and the establishment of service system, the cooperative relationship with upstream suppliers and downstream customers has gradually stabilized, and the market share of lobster charter business in North America has steadily increased; In terms of South American salmon import, the San Diego-Chengdu salmon charter flight route was officially opened, and Zhengzhou destination was added after one month of operation. At the end of the reporting period, stable cooperative relations were established with several major salmon brands in Chile. In terms of fruit import in Southeast Asia, a fruit charter flight from Bangkok to Ningbo was opened, and a joint brand of Southeast Asian fruits was launched with Box Horse, and this model was replicated and extended to ports such as Beijing, Shenzhen and Chongqing, which effectively filled the fruit off-season business and realized the company’s fresh-keeping business. As for the import of cherries, the business model of sea-air combined transport was further upgraded, and the mode of "one-stop direct from the place of origin to Shangchao store" was jointly launched with leading enterprises in the industry to improve the quality of cherries by sea.

  During the reporting period, the main business income of the direct origin solution was 714 million yuan, up 146.21% year-on-year.

  3. Customized logistics solutions

  The company actively explores customers in different sub-sectors. In the high-tech industry, we continue to provide aviation logistics solutions for precision instruments and products for semiconductor enterprises, with routes covering Europe, America and Asia-Pacific. With the strengthening of overseas terminal capabilities, we will gradually provide customers with "door-to-door" services. In terms of aviation equipment, we have carried out in-depth cooperation with important strategic customers such as aircraft manufacturers, aviation companies and aviation equipment factories to provide customers with efficient, safe and high-quality aviation material supply chain services, and actively build the customs supervision warehouse into a business drainage platform, expanding the service chain from the storage section to the whole process of imported supply chain services. In the special goods industry, we strengthened cooperation with the head enterprises in the dangerous goods industry, jointly explored the dangerous goods market, coordinated visual operation with cargo terminals, and expanded the business of precious goods and live animals.

  The company enhances customer experience and satisfaction by strengthening the construction of online sales platform, strengthening self-built products and enhancing service capabilities. In terms of online sales platform construction, during the reporting period, the online sales platform "Orange Swallow" independently developed by the company was officially launched. At the same time, the company established close cooperation relations with many platforms at home and abroad, made good platform drainage, and reached cooperation agreements with Freightos, the world’s leading freight booking and payment company, and Cargo One, a German online air freight booking platform. Through digital docking, online inquiry and booking services for overseas customers were realized, and online products were docked with where to go and the cabin network. In terms of self-built products and service capabilities, according to the actual needs of different customers, port-to-port products and end-to-end products are launched. First, through product standardization and sinking channels, services are closer to the owner group; Second, on the basis of standardizing port-to-port products, we can meet customer needs to the greatest extent by grafting the capabilities of logistics services at both ends.

  During the reporting period, due to the weakening of market demand, customized logistics solutions realized the main business income of 162 million yuan, down 51.79% year-on-year.

Third, risk factors

  1. Industry and market risks

  (1) Macroeconomic fluctuation risk

  The aviation logistics industry in which the company is located has a strong positive correlation with the macroeconomic growth rate, and is also closely related to the industry where downstream customers are located, their growth rate and changes in industrial structure. Therefore, the change of the above factors will affect the total service of the aviation logistics industry and then affect the operating performance of the companies in the industry. In the period of economic expansion, the demand for cargo transportation increases and the aviation logistics industry prospers; On the contrary, when the economy is in a period of austerity, the demand for cargo transportation decreases and the aviation logistics industry is weak. During the reporting period, due to the weakening of overseas demand and other factors, the air freight rate dropped sharply, and the future freight rate trend is still uncertain. To sum up, macroeconomic fluctuations will have different degrees of impact on the whole social and economic activities, and then have a certain impact on the overall development of China’s aviation logistics industry and the company’s future business growth.

  (2) the risk of international trade friction

  The company’s aviation logistics service business covers a wide range of end customers, carries a variety of goods, and accounts for a relatively high income from cross-border logistics services, which is closely related to the changes in international trade policies as a whole. At present, the international political and economic situation is complicated, the overall growth of the world economy is weak, the spillover effect of policy contraction in major developed economies appears, there are many unstable and uncertain factors, the development of global trade pattern presents certain uncertainty, and the trade friction and confrontation among major economies intensifies. The import and export tariff measures, technical trade measures, import and export restrictions and other measures adopted by countries in the trade friction will affect the trade pattern, trade mode and total trade volume, which will lead to the reduction of import and export transportation demand of commodities, and then indirectly affect the company’s operating performance by affecting the transportation demand of company customers.

  (3) Market competition risk

  With the vigorous development of China’s logistics market, international logistics companies have entered the China market. With advanced logistics management concepts, global logistics networks, strong financial strength and good industry reputation, international logistics companies have become strong competitors of local logistics companies in China. On the one hand, the main participants in the company’s industry also include other enterprises engaged in aviation logistics business in the civil aviation market, such as Air China and China Southern Logistics. In recent years, shipping companies, express delivery companies and e-commerce platform companies have also entered the aviation logistics industry one after another, and the market competition is fierce; On the other hand, railway transportation, highway transportation and waterway transportation have certain substitutability for air transportation. Compared with other modes of transportation, air transportation has the advantages of quickness, efficiency and safety, but the appearance or improvement of other modes of transportation will have a certain substitutive impact on the market demand of air logistics to some extent. In the future, if the company can’t take active and effective measures to deal with market competition, it will face the potential risk of declining market share and operating performance.

  (4) The risk of jet fuel price fluctuation

  Aviation fuel cost is one of the important cost items of aviation logistics companies, and the fluctuation of aviation fuel price is an important factor affecting the profit level of aviation logistics companies. In recent years, influenced by many factors, such as the development of the world economy and the fluctuation of RMB exchange rate, the international crude oil price has experienced great fluctuations, and the jet fuel price has also changed greatly. With the increasingly complicated international economic and political situation, the future trend of jet fuel price is still uncertain. Although the company has taken measures such as adjusting the fleet structure, optimizing the route and alternate field, carrying oil economically, and reasonably controlling the extra fuel quantity to reduce the unit fuel consumption and control the fuel cost, and at the same time, it can alleviate the rising pressure of fuel cost by levying fuel surcharge, but if the aviation fuel price fluctuates greatly in the future, the company’s operating performance may still be affected to some extent.

  Assuming that the adjustment of fuel surcharge is not considered and other factors remain unchanged, based on the actual aviation fuel consumption of the company in the first half of 2023, if the average purchase price of aviation fuel increases or decreases by 100 yuan/ton, the aviation fuel cost of the company will increase or decrease by about RMB 25.63 million.

  (5) Risk of exchange rate fluctuation

  The company’s air express and integrated logistics solution business involves foreign currency settlement. In the case of RMB exchange rate fluctuation, the conversion of assets and liabilities settled in foreign currency will generate exchange gains and losses, which will have a certain impact on the company’s operating performance. In addition, the company’s purchase cost of aircraft and aviation materials will also be affected by exchange rate fluctuations. Recently, the foreign exchange market continues to fluctuate. If the RMB exchange rate fluctuates greatly in the future, the company will face certain exchange rate risks.

  Assuming that other factors remain the same, for example, every 100 basis points increase or decrease in the exchange rate of RMB against the US dollar will result in a decrease or increase in the company’s shareholders’ equity on June 30, 2023 and its net profit in the first half of 2023 by about RMB 3.88 million.

  2. Operational risks

  (1) Risks brought by changing market demand

  China’s economic development and the gradual improvement of people’s consumption and living standards have determined that the demand for aviation logistics services in the terminal market is increasing. The diversified needs of customers put forward higher requirements for timeliness, convenience and safety of cargo transportation, as well as further improving the company’s professional service level and providing differentiated services. The company pays close attention to the changes of market demand and customer demand, and improves the ability to serve customers. If the company fails to adjust its business strategy in time according to the changes of customer demand and improve the level of service specialization and differentiation, it may face the risk of failing to meet the market demand and causing the loss of customers.

  (2) Management risks caused by business expansion

  By integrating the ever-increasing resources of all-cargo plane, Skynet in belly cabin and ground cargo terminal, the company builds an express platform integrating heaven and earth, launches direct and transit products covering major cities at home and abroad, and at the same time, strives to develop comprehensive logistics solutions such as cross-border e-commerce solutions, direct origin solutions, customized logistics solutions, and supply chain of peer projects, so as to provide customers with customized and efficient high-end logistics "China Eastern Airlines Scheme". In the future, there may be staged management risks due to factors such as the rapid expansion of transportation capacity and the mismatch of key technical talents in the short term. In this regard, the company will strengthen the layout and investment in key technical personnel, operation management and information construction to meet the needs of business development.

  (3) the risk of insufficient information, intelligent construction and innovation ability

  In recent years, with the strong support of national policies, the logistics industry has continuously promoted the process of informationization and intelligence construction. Modern information technology and new smart equipment are widely used, and the quality, efficiency and power changes of modern industrial system are further promoted, which not only injects new vitality into the innovation and development of logistics, but also requires speeding up the digitalization, networking and intelligent empowerment of modern logistics, and creating a new smart logistics model with high technology content and strong innovation ability. In the future, the company will continue to conform to the development trend of the industry and increase the investment in logistics informatization and intelligent construction to meet the needs of logistics informatization and intelligent development. At present, the company takes the empowerment of science and technology as an important strategic foothold, and relies on digital and intelligent transformation to promote cost reduction and efficiency improvement. After years of innovative research and development accumulation and upgrading of existing systems, it has gradually established an information and intelligent system that can meet the needs of daily operations, effectively supporting the efficient development of the company’s core business of air express, ground integrated services and integrated logistics solutions. If the company’s future investment in informatization and intelligent construction is insufficient and its innovation ability is insufficient, it will not be able to effectively enhance its core competitiveness and may face the risk of declining customer service ability.

  (4) Compliance risk of overseas business operation

  In order to meet the needs of further improving circulation efficiency and extending aviation logistics chain, the company has set up branches overseas to engage in aviation logistics-related business, and overseas branches must abide by the laws and regulations of the country or region where they operate transnational logistics business. The company has established a perfect compliance management system in accordance with relevant laws and regulations to strictly control the compliance risks of overseas business operations. However, the characteristics of cross-border logistics determine the possibility and risk that logistics enterprises will inevitably be investigated by relevant departments of overseas countries or regions on business compliance (including but not limited to trade control, commercial bribery, anti-monopoly, data protection, etc.) in the process of engaging in logistics services abroad. In the future, if the company is investigated by local judicial or law enforcement agencies due to business compliance problems, and even administrative penalties and lawsuits are triggered, it will adversely affect the company’s overseas business operations.

  (5) Aviation safety risks

  Ensuring aviation safety is the basis and bottom line for the survival and development of aviation logistics companies, and it is also a prerequisite for providing customers with high-quality professional and convenient services and gaining a good market reputation. The systematicness, integrity and complexity of aviation safety are much higher than those of other logistics industries. If there is an unsafe flight event, it will have a negative impact on the company’s business and operating performance.

  In terms of safety management, the company strictly implements rules and regulations and operating standards, formulates safety management work plans, implements the responsibility system for safety production, strengthens the investigation and management of potential safety hazards, improves the safety risk prevention and control system, and strengthens safety management and control capabilities.

  3. Other Force Majeure and Unforeseen Risks

  The aviation logistics industry is greatly influenced by the external environment, and natural disasters, sudden public health incidents, wars and other force majeure or unpredictable risk factors will have a certain impact on the market demand and the company’s production and operation.

Iv. analysis of core competitiveness during the reporting period

  (1) Covering the routes and ground service networks of major hubs at home and abroad, the combination advantage of "Skynet+Ground Network" is obvious.

  After years of development and layout, the company has built a unique "Skynet+Ground Network" global aviation logistics network, which serves as a traffic portal and an important support, providing continuous empowerment for the company’s cross-border e-commerce solutions, direct origin solutions, customized logistics solutions and other businesses, and laying a unique resource endowment for the company to build the most innovative aviation logistics service provider.

  1.skynet

  With international hubs and regional hub airports as fulcrums, the company has built a high-connectivity, wide coverage and super-convenient domestic-international airline network, with Shanghai as the core hub and Guangzhou-Shenzhen as the important layout, and gradually formed a pattern of operation in East China and South China, creating an efficient international airline network structure and a comprehensive Skynet system with Europe and the United States as the mainstay and Asia-Pacific as the supplement.

  (1) All-cargo international air network: By the end of the reporting period, the company had 17 all-cargo aircraft, all of which were used to fly to Europe, America, Southeast Asia, Northeast Asia and other international and regional routes.

  (2) Global Airline Network of Passenger Aircraft: The company exclusively operates the cargo business of nearly 800 passenger aircraft of China Eastern Airlines, and the domestic airline network reaches all provincial capitals and important cities, covering national urban agglomerations such as Beijing-Tianjin-Hebei, Pearl River Delta, Chengdu-Chongqing, the middle and lower reaches of the Yangtze River and Guanzhong Plain; Relying on SkyTeam network, code sharing and SPA agreement, International Airlines has reached 1,088 destinations in 184 countries and regions around the world.

  (3) Cross-border fresh food fast supply chain air network: The company’s origin direct solution business has long operated a number of regular fresh food flights and "RCEP Fresh Food Express" such as Chengdu/Zhengzhou-Santiago de Chile, Ningbo-Los Angeles, Zhengzhou/Ningbo-Bangkok/Ho Chi Minh/Osaka/Seoul and Shanghai-new york, and gradually built a "two-axis and four-wings" covering all major economic belts in China and connecting North America, Central and South America, ASEAN, Japan and South Korea. At the same time, the direct delivery of origin constantly updates the development concept and innovative product model, quickly captures the market changes, fully taps the capacity resources of refrigerated dry bulk carriers, and introduces the solutions of "sea-air combined transport" and "direct shipping from factories to customers’ stores" for South American cherries to ensure the stability of the import supply chain.

  2. Ground net

  In addition to the powerful Skynet resources, the company has a broad comprehensive network of ground services nationwide, and has built a comprehensive ground service system of "cargo terminal operation+warehousing+distribution", forming a unique logistics service model in the industry.

  (1) Hub airport cargo terminal: The cargo terminal is an important node of the air logistics transportation network, which is responsible for collecting and temporarily storing goods. At the end of the reporting period, the company had 17 self-operated cargo terminals, covering the domestic core air cargo hub area with high network value and radiation-driven effect.

  (2) Airport Logistics Industrial Park: On the basis of the existing cargo terminal network, the company actively promotes the layout of airport storage park resources outside the airport red line and the construction of operation and service capacity of airport logistics industrial park. The northwest airport industrial park project of China Eastern Airlines Logistics at Xi ‘an Xianyang Airport has been completed and put into operation, forming a complementary linkage effect with the cargo terminal network, and strengthening the cargo flow entrance attribute of node resources. At the same time, the company has further enriched the format and customer base of the airport logistics industrial park through the establishment and operation of the fresh port company.

  (3) Multimodal transport: By strengthening the development cooperation with () airport cargo terminal and airport logistics industrial park, as well as the strategic cooperation with China Railway Express in air-rail intermodal products, air-rail intermodal station construction and other aspects, the company cultivates the intelligent terminal operation solution capability of aviation logistics, promotes the gathering of aviation logistics customer resources to aviation logistics hubs, accelerates the connection with high-quality railway freight resources such as high-speed rail express, China-Europe trains, luggage express and intermodal stations, and further strengthens the integrated logistics service of airport and ground.

  (4) Overseas network: Based on the long-term internationalization strategy and business layout, the company has 17 overseas branches in the United States, Germany, France, the Netherlands, South Korea, Japan, Singapore, Thailand, Hong Kong, China, Taiwan, China and other countries and regions, forming an overseas marketing agency, operation site and ground agency network system covering key countries and cities in North America, Western Europe, Southeast Asia and Northeast Asia. Focusing on the new development pattern of serving domestic and international double cycles,

  (B) Unique and scarce aviation logistics core resources, with significant competition barriers.

  The company has accumulated abundant core resources of aviation logistics, with strong barriers to all-cargo key international routes, wide coverage of the global navigation network of passenger aircraft belly cabins, and strong scarce core hub airport cargo terminal resources, which has realized the blocking of key resources and formed a significant industry competition barrier.

  1. Time resources of air rights

  China Cargo Airlines, a subsidiary of the company, was established in 1998. It is the first professional cargo airline specializing in air cargo and mail business in China. After more than 20 years of professional operation and deep market cultivation, it has acquired and possessed abundant air rights resources. During the reporting period, the company has 17 all-cargo scheduled flights from Shanghai, Shenzhen to Amsterdam/Frankfurt/Zaragoza/Los Angeles/London/Anchorage/Seattle/Chicago/new york/Tokyo/Osaka/Seoul/Singapore/Bangkok and other international freight hubs. In addition, the company exclusively manages the freight business of nearly 800 passenger planes of China Eastern Airlines, and has high-quality air rights time resources covering all domestic provincial capitals, important cities and important international destinations.

  2. Cargo terminals and storage resources

  The company’s self-operated cargo terminals are all located in the red line of the airport, and there are strict restrictions on qualification examination, business license access, business site and other conditions. The cargo terminal resources of the core hub airport and the airport logistics storage facilities are irreplaceable and scarce, which constitutes the core competitive barrier of the company’s comprehensive ground service. The company has a cargo terminal operating site and storage area of 1.5 million square meters, of which Shanghai, as the third largest air cargo hub in the world, has obvious resource advantages, with 6 cargo terminals near the apron and 1 freight transfer station with an area of 1.25 million square meters, and it is also one of the only two enterprises in Pudong Airport that operate a centralized supervision warehouse for cross-border e-commerce. In the first half of this year, the company handled 1,020,700 tons of cargo and mail at Shanghai Pudong Airport and Hongqiao Airport, accounting for 58.36% of the cargo and mail handling capacity of the two major airports in Shanghai.

  (C) "China EAL" brand effect, with industry-leading operation and management system.

  1. With high-quality customer resources, the brand effect of "China EAL" is highlighted.

  Since its establishment, with its unique and scarce resource advantages, customer value-oriented service standards, and stable and controllable industrial chain service capabilities, the company has accumulated a good reputation and created the "China EAL" brand, which has been highly recognized by customers and the industry, and its brand effect has been highlighted. The company’s customer coverage is constantly expanding, and it has accumulated high-quality, stable and diversified customer resources, including but not limited to Apple, Samsung, Intel, Roche Diagnostics, Thermo Fisher Scientific, Honeywell, Inditex, Newland, Unilever, Sinopharm, Siemens, Wish, China Post, Zongteng, Sifang, Baiguoyuan and Xianfeng Fruit.

  In terms of air express, the customer base not only includes domestic and foreign large and medium-sized enterprise customers, freight forwarding companies, professional logistics companies, etc., but also has established business cooperation relations with cross-border e-commerce platforms and cross-border e-commerce logistics enterprises. In terms of ground comprehensive services, the company provides air cargo and mail ground agency services for many domestic and foreign airline customers and freight forwarder customers, and has accumulated many high-tech industrial customers by cooperating with the administrative committees and customs of Shanghai () Bonded Zone, Shanghai () Technology Park, Suzhou Industrial Park and other places to explore regional and port linkages. In terms of integrated logistics solutions, the company has been deeply involved in sub-sectors such as cross-border e-commerce, direct origin and customized logistics solutions, and is committed to providing customers with one-stop integrated logistics solutions. At present, it has covered a stable customer base in sub-sectors such as fresh food supermarkets, cross-border e-commerce, high technology, consumer goods, biomedicine and aviation equipment.

  2. It has an industry-leading quality control system and operation qualification certification.

  The safety management system of aviation logistics industry has strict requirements, extremely high quality standards and complex and rigorous processes. The company has an industry-leading quality management system, strict quality control standards and effective quality control measures, and insists on providing quality services to customers. China Cargo Airlines, a subsidiary of China Cargo Airlines, is the first professional cargo aviation enterprise engaged in air cargo and mail services in China, and has accumulated rich quality control experience and reputation for safe operation for more than 20 years. The company has established a quality control system covering the whole logistics service link, always adhering to high standards, providing customers with high-quality aviation logistics services, adhering to PDCA cycle (four stages of quality management, namely, plan, execution (do), inspection and treatment (act)) as the basic elements, promoting the continuous improvement of the company’s service quality, and at the same time building a perfect operational safety management and control system to ensure the company’s sustained high-level safety.

  The company has obtained a number of operational qualification certifications. In terms of air express transportation, the company has passed the IATA Operational Safety Audit (IOSA) of the International Air Transport Association, and has been a registered operator of professional air cargo IOSA for more than ten years, and its safety management system (SMS) has passed the supplementary operation qualification examination of the Civil Aviation Administration of China; In terms of ground integrated services, the company has obtained Lloyd’s ISO9001:2015 quality system certification and GB/T19001-2016 management system certification; Obtained the certification of IATA Independent Medical Logistics Verification Center (CEIV Pharma). The company’s drug cargo handling procedures strictly follow the World Health Organization (WHO) GDP(Good Distribution Practices) guidelines, and have obtained the GDP management system certification. It is a rare cold chain service guarantee enterprise in China that can provide airport ground operation and warehousing management for high value-added temperature-controlled goods such as drugs and fresh goods.

  (IV) Actively promote the digital and intelligent transformation of the company and build a new infrastructure with core competitiveness.

  The company takes technology empowerment as an important strategic foothold. Relying on digital and intelligent transformation to promote cost reduction and efficiency improvement, and combining cutting-edge technologies such as industrial Internet, logistics robots, big data, cloud computing and artificial intelligence with the company’s business scenarios; Combine business and management lines with scientific and technological innovation, informationization and intelligent upgrade, realize informationization of business layer, intelligence of operation layer, coordination of management layer and intelligence of decision-making layer, and drive the high-quality development of the company’s business.

  By the end of the reporting period, the company had built and promoted the operation of EOS new cargo terminal business system, switched all foreign flights, and built an industry-leading ground business platform for smart cargo terminals. Upgrade the on-line flight operation control FOC system to better ensure flight operation safety; Build an operation data center project, integrate operation data and unify data standards, and build a freight data center; Construction of freight security inspection information system, covering 24 security inspection channels in Hongqiao and Pudong, realizing security inspection equipment networking and security inspection process full information; Promote logistics online sales platform, build logistics "Orange Swallow" brand, and provide customers with "one-stop" logistics solutions; Online cross-border e-commerce order management system, docking cross-border e-commerce business, to meet the needs of high concurrency of transformation business. In the field of intellectual property rights, during the reporting period, the company obtained 14 pieces of computer software copyrights and applied for 4 patents, which effectively protected the company’s core technical property rights, promoted scientific and technological innovation, and enhanced the company’s core competitiveness and brand influence.

Popular Science | The National Bureau for Disease Control and Prevention issued the "Cold Wave Public Health Protection Guide"

Source of this article: Shandong CDC

Cold wave public health protection guide

First, the basic concept of cold wave

A cold wave is a weather activity in which cold air from high latitudes invades the middle and low latitudes on a large scale, causing severe cooling (according to the standard of Cold Air Grade GB/T 20484—2017, a cold wave means that the daily minimum temperature drops by more than or equal to 8℃ within 24 hours, or by more than or equal to 10℃ within 48 hours, or by more than or equal to 12℃ within 72 hours, and the daily minimum temperature drops to 4℃ or below.

Second, cold wave health risks

The drop in temperature can lead to the contraction of human blood vessels and the acceleration of respiratory rate. During the cold wave, cold weather is easy to cause superficial skin damage and form chilblain, which aggravates the pain of patients with arthritis and rheumatoid arthritis. It is easy to induce airway spasm and abnormal immune function of respiratory system, and cause acute exacerbation of chronic obstructive pulmonary disease, acute attack of bronchial asthma, acute respiratory infection and other respiratory diseases. It is easy to cause cardiovascular and cerebrovascular diseases, such as angina pectoris, myocardial infarction, arrhythmia, acute heart failure, transient cerebral blood supply deficiency, stroke and so on. At the same time, it may aggravate urinary system diseases and endocrine system diseases, such as chronic kidney disease and diabetes.

Third, the key protection groups

There are three main categories of people: the first category is sensitive people, such as infants, children, pregnant women, the elderly and so on; The second category is people with chronic basic diseases, such as cardiovascular and cerebrovascular diseases and respiratory diseases; The third category is outdoor workers, such as traffic police, sanitation workers, construction workers, couriers, takeaways, etc.

Four, cold weather warning information

According to the cold wave warning signal and defense guide, the cold wave warning signal is divided into four levels.

Five, classification protection measures guide

According to the level of cold wave warning signal, we put forward suggestions on protective measures for classified people.

Interpretation of "Cold Wave Public Health Protection Guide"

In order to guide the public to cope with the cold wave scientifically, raise their awareness of self-protection and reduce the possible health damage caused by cold wave weather, we organized experts from the Institute of Environment of China CDC and other units to formulate the Cold Wave Public Health Protection Guide (hereinafter referred to as the Guide) on the basis of scientific research and risk assessment, and put forward protection suggestions for different key groups to protect public health to the maximum extent.

The Guide consists of five parts: the basic concept of cold wave, health risks, key protected people, cold wave meteorological early warning information, and cold wave early warning grading protection measures guide. The definition of cold wave and its effects on human respiratory, cardiovascular and urinary systems are mainly introduced in two parts: basic concepts and health risks. Key protection groups point out the key groups that need attention during the cold wave, including sensitive groups, people with chronic basic diseases and outdoor workers. Cold wave meteorological early warning information guides the public to scientifically understand cold wave forecast and early warning information. The cold wave warning and grading protection measures guide puts forward targeted protection measures for key people respectively.

Editor: Gao Mengdi

Checked by: Wang Hao

Chief Editor: Chen Xiaoran

Original title: "Popular Science | The National Disease Control Bureau issued the" Cold Wave Public Health Protection Guide ""

Read the original text

Notice on adjusting the handling methods of some patent businesses

In order to further improve the quality and efficiency of patent examination and provide efficient and convenient examination services for the public, China National Intellectual Property Administration decided to adjust the handling methods and examination rules of some patent businesses, as follows:

1. About the situation that the agency should be entrusted.

From January 11, 2023, foreigners, foreign enterprises or other foreign organizations that have no habitual residence or business office in the mainland of China should entrust a patent agency to apply for a patent alone or as a representative. Without authorization, it will not be accepted.

Individuals, enterprises or other organizations in Hongkong, Macau or Taiwan Province that have no habitual residence or business office in China Mainland shall entrust a patent agency to apply for a patent alone or as a representative. If a patent agency is not entrusted, it will not be accepted.

2. Submission methods for administrative reconsideration of patent business

From January 11, 2023, the parties (including the applicant for administrative reconsideration and the third party) can submit the application for administrative reconsideration and various documents in electronic form. The applicant for administrative reconsideration can submit an application for administrative reconsideration through the "formalities" module of the patent business handling system, and the applicant for administrative reconsideration and the third party can submit an opinion statement (about administrative reconsideration) and other documents through the "opinion statement correction" module of the patent business handling system.

3. On the submission method of invoking the declaration of accession when the PCT international application enters the national phase in China.

Since January 11, 2023, if the PCT international application contains items or parts that have been cited for joining in the international phase, the applicant shall submit a statement of opinions when going through the formalities of entering the national phase by electronic means. The statement of opinions shall state:

(1) Whether the Chinese translation submitted contains the cited items or parts;

(2) If the application date of China is requested to be revised, the position of the cited entry or part in the specification (page number), the claim (item number) and the appended drawings (page number) and the time when the international phase submitted the cited entry shall be stated.

If the applicant does not request to modify the application date relative to China when going through the formalities for entering the national phase, the project or part cited shall not be retained in the subsequent procedures by requesting to modify the application date relative to China.

4. About online payment methods

From January 26, 2023, when the parties handle online payment, they can use bank cards, WeChat, Alipay or corporate accounts to pay the fees without paying the handling fee.

5. Seal of notices and decisions in the form of electronic documents

Since January 26th, 2023, the notices and decisions in the form of electronic documents issued by China National Intellectual Property Administration have electronic seals, and electronic signature service is no longer provided.

I hereby inform you.

China National Intellectual Property Administration

December 7, 2022

No one can understand all the little question marks in Tenet’s article that answer you.

Tenet poster

Tenet poster

August 22nd was the earliest time for the release of comments in Tenet media field, when almost all comments at home and abroad were surprisingly consistent — — "No, look, understand!" Today, this movie is officially released in China, and it’s time to challenge everyone’s IQ.

There is absolutely no shame in not understanding Tenet.

Nolan doesn’t intend to let the audience understand it once unless you have done your spoiler homework in advance. First of all, the concepts in this film are very advanced, involving inverse entropy, time reversal, time-pincer movement, grandfather paradox, etc. Secondly, the plot developed from this is multi-line and loop narrative, with seamless conversion of positive and negative perspectives of different characters, and some plots are left blank, which need to be supplemented by their own brains.

In addition, some important information in the film is post-positioned. First, shoot the event process, and then remind you what is going on in a line of a certain character, so it is difficult to put the information puzzle together for the first time. If you are distracted for a few seconds during the movie, you may not be able to connect the story before and after.

If someone claims to understand it once, you can try two brushes and three brushes — — You will find that the more you look at it, the more problems you have. This is a movie with a clear overall story, but the details of brain burning can be infinitely memorable. The author has brushed it three times, and I dare not say that I have completely understood this work.

Someone asked, is Tenet a spiritual sequel to Inception?

Yes, not really. You can simply say that Tenet is Memento+Fatal Magic+Inception+Interstellar, and Nolan didn’t take over 007, which is an overwhelming game of time and space and a human adventure to pass on the firewood.

Today, with the development of film for more than one hundred years and the maturity of genre narration, it is a good director’s "creed" and a blessing for fans to have a director like Nolan who persistently sticks to film shooting and tirelessly innovates in narrative methods, and firmly occupies a place in the commercial kingdom with a distinctive author label.

After watching Tenet, it’s normal not to worry about "100,000 whys" popping up on your head. Today, we will answer your questions one by one.

The previous part can be understood before watching the film, and it doesn’t involve the core doubt — —

[How to understand the title of TENET? ]

First of all, this title has a lot of room for interpretation. As for Chinese translation, Hong Kong and Taiwan are called Tianneng, and a combination point is found between transliteration and free translation. It is said that the mainland publisher once wanted to call it "Time and Space Chasing", which is more in line with the traditional four-character title of the market and briefly summarizes the content of the story, but it always feels a bit too straightforward.

Finally, the mainland film was called TENET, and the original English name was Tenet, which I personally agree with.

Expand the brain hole, and this title can have the following meanings:

1, is the name of the mysterious organization in the film;

2. Tenet is a palindrome, similar to level, and it is the same in both forward and backward writing, suggesting that this film is related to reversal. This word once appeared on a square of Seto in the ancient city of Pompeii, and several words on the stone tablet also formed the backbone of this film, which will be expanded later;

Tenet Taiwan poster

Tenet Taiwan poster

3. Look at this palindrome again. Does it look like everyone looks in the mirror before entering the gate? Especially when the last t is printed backwards.

Four or ten minutes is the duration of two key tasks in the film — — The man and Pattinson met for the first time, and the request was that they only needed to meet the Indian arms dealer for ten minutes; In the last ruins war scene, the fighting time of the red and blue teams is also ten minutes, and they are divided into the positive team and the negative team, "ten-net" is tenet;;

5. When the structure of the whole movie is taken apart, it is actually like the five plates represented by the five letters T-E-N-E-T — — The protagonist and his party first rescued the hostages at the National Grand Theatre in Kiev, Ukraine, then went to the Freeport in Oslo to destroy the paintings, and then hijacked the car and confronted the warehouse in Tallinn.

Then they crossed back and went back to Oslo to save the heroine. Finally, the heroine and the heroine split up and went back. One went to the ruins to dismantle the algorithm, and the other went back to Vietnam to stall the villain. The date was the same as the earliest grand theater play.

Tenet timeline made by French fans, translated by@torovandarko. In fact, it is easier to get dizzy when drawing a timeline, so it is enough to understand it as a V-shaped story.

Tenet timeline made by French fans, translated by@torovandarko. In fact, it is easier to get dizzy when drawing a timeline, so it is enough to understand it as a V-shaped story.

6, the black man has no name, and he seems to be the embodiment of the "creed" — — He would rather kill himself than betray his teammates, and refused to take women and children as hostages. Only when he assassinated an arms dealer would he not feel guilty. He repeatedly confirmed that there would be no casualties when the plane crashed into the building, risking his life to save the theater audience and hostess in danger, and he had no wild thoughts about the beautiful hostess … …

He is a special agent in a thousand, a warrior who shoulders the hope of all mankind, and a man with pure morality and noble behavior like a mythical hero. He is the best interpretation of the word "creed".

Tenet male host, played by John David Washington

Tenet male host, played by John David Washington

[What core concepts do you need to understand to watch this movie? ]

At the end of Tenet’s credits list, Kip Thorne, the great god of contemporary physics, once advised Nolan’s last film, Interstellar. It is unknown what concepts he contributed in Tenet. Anyway, Nolan’s new film continues to be at the forefront of physics theory.

Look at Tenet, we need to "understand" the concepts are:

1, entropy. The word originated from thermodynamics, and Professor Hu Gangfu skillfully added a fire word next to "entropy" in his free translation, which was roughly used to describe the change of the internal nature of a system.

Later, the word was extended to many fields, such as astrophysics, life science, probability theory, cybernetics, and even economics and sociology. "Increasing entropy" is a spontaneous process from order to disorder. To put it bluntly, your room is getting more and more messy, that is, the "entropy" is getting bigger and bigger.

According to the laws of thermodynamics, heat is always transferred from a high-temperature object to a low-temperature object. For example, if you put an ice cube next to a candle, it will melt soon. Energy has a direction of motion, and the energy flow between them is determined by the entropy of two objects.

With the development of quantum mechanics, scientists have found the phenomenon of reverse flow in quantum experiments. It is assumed that the process of entropy increase and decrease is reversible through certain technical means. In the movie, an unknown female scientist in the future ("Oppenheimer in the future") invented a technology that can reverse the entropy of objects, so that some objects and people can be "reversed". The bullet can shoot backwards, and the explosion will freeze.

Tenet poster

Tenet poster

2. Time-pincer movement, also known as time attack, means that one group of people advance according to normal time, and another group of people reverse back from the future, telling people in the past what will happen in the future, so that people in the past can gain more experience. In the film, the villain Sator was one step ahead everywhere, which once made the man wonder if there was a traitor in the team, all because the villain mastered the means of time attack. Finally, the red team and the blue team also used this method.

Tenet timeline and source watermark under time-pincer motion.

Tenet timeline and source watermark under time-pincer motion.

3. Grandfather Paradox, also called Grandmother Paradox, was put forward by French science fiction writer René Barjavel in the 1940s. That is, if you travel back in time and kill your grandfather, how were you born? How can you kill him without you? This paradox has no conclusion, and it is a problem-free problem similar to chicken laying eggs and laying chickens.

In the film, the man asks Pattinson a question for the audience: If people in the future want to destroy the present human beings, then they will be gone, too. We are still here, does it mean that we have succeeded in saving the world? Pattinson’s answer is: My idea is not important, they (future people) think it is right to do so; Theoretically, we will succeed, but the relationship between multiple realities and consciousness is not clear to us.

Nolan and Tenet are on the set.

Nolan and Tenet are on the set.

4, fortunately, this movie has not involved parallel time and space, otherwise it would be even more dizzy. But at the same time, even in the same place, it is reasonable to have multiple same characters in this film. For example, three male lords appeared at the revolving door in Oslo, and the positive and negative ones were sent to both sides of the revolving door in Tallinn. The female lords who crossed back to Vietnam almost ran into themselves at that time, and finally there were two villains and two Pattinson.

How long the "doppelganger" can exist is not explained in the film, but they will eventually return to the normal timeline, which is their "fate". What would happen if one died? The film didn’t show the result.

Another law is that you can’t meet yourself, otherwise the positive and negative particles will disappear when they meet. The solution is not difficult, just wear a suit like the man who went back to Oslo.

5. Finally, we must adapt to the transformation of positive and negative perspectives, so that two key scenes, carjacking and ruins war, can be understood. The protagonist turns into a reverse, and he sees that the whole world is reverse, which is a subjective perspective, but in fact only he himself is reverse; For the reverse person, what happens first should be done last, just want to understand this.

Tenet tidbits, Nolan on the set.

Tenet tidbits, Nolan on the set.

[What are the meanings of the names and places in the film? ]

The names and places in Tenet are not taken casually, and they all have deep meanings.

First of all, let’s look at a piece of The Sator Square unearthed from the ancient city of Pompeii, which is located in the first century AD:

What is written on this slate is a Latin palindrome poem, the general idea of which is about the rotation of the wheel of time, and several words themselves are also positive and negative. The stone tablet of Seto is regarded as the originator of crossword puzzles.

Nolan’s writing of Tenet’s plays not only draws lessons from his palindrome structure, but also several key words should come from this slate — —

Sator, the surname of the villain Andrei Sator, may be given to the Soviet boy in the future;

Arepo is the surname of Thomas Arepo, a fake painter;

Tenet, creed organization;

Opera, referring to the engagement of the opera house, is also a secret language for the male master to lure the villains to meet;

Tenet tidbits, Nolan and the male host in the opera scene.

Tenet tidbits, Nolan and the male host in the opera scene.

Rotas, rotation; It is also the name of Oslo Freeport Construction Company. The confrontation between Rotas and Sator seems to imply that the establishment of this company is related to villains.

The film also pays tribute to the ancient city of Pompeii, where the woman has always wanted to accompany her son to play.

Look at the role name again. The man, Anonymous, conforms to the background of an agent and seems to indicate his extraordinary status in the future;

Kat, short for Katherine, comes from old English, which means innocence and purity, and conforms to the angelic image of Derbyshire;

Tenet hostess, played by elizabeth debicki.

Tenet hostess, played by elizabeth debicki.

Neil, played by Pattinson, the second male student, originated from Irish Christian name and Gaelic, meaning winner, and entrusted his crossing mission;

The villain Sator, some people say, comes from the Latin meaning of seeder and creator.

Tenet villain, played by kenneth branagh.

Tenet villain, played by kenneth branagh.

Max, the son of the hostess, symbolizes the biggest and most important thing. The hostess always puts her son in the first place. Even the first reaction when she hears that the world is going to be destroyed is "Then my son is gone".

Priya, a female arms dealer, is a common name in India, so it may be an alias.

The choice of geographical location, Oslo means "the land of God" and "the valley of God", is the place where the villain’s secret career (claiming to be a god) is located. The choice of Kiev, Tallinn and Siberia also accords with the plot time. As for your unique complex about Vietnam, you may have to ask Nolan.

Tenet stills

Tenet stills

[Spoiler Tip]

Next, there is the part that involves details spoilers.

Readers who haven’t seen the film can consider reading it first — —

[Who hit who at the opening of the opera house? ]

As soon as the film came out, it was an opera house scuffle, and many viewers still didn’t understand who was hitting who and what the goal was … …

This scene is about the protagonist and his party who were mixed into the Ukrainian special police force during the CIA agent period, with the aim of saving American diplomats and protecting the package (plutonium element). When the Ukrainian SWAT team exchanged fire with terrorists (in fact, it was the villain Sator, and both sides came to grab the package, regardless of the audience’s life and death), the male host covered the diplomat to the basement, let the diplomat and a teammate exchange clothes, and the diplomat fled. The male host and the agent wearing the diplomat’s clothes decided to return to the theater and dismantle the bomb to rescue the unconscious audience.

When the last bomb was dismantled, the man was caught by a Ukrainian special police officer (the epaulettes were temporarily attached). At the critical moment, a mysterious man saved the man’s life with a reverse bullet (it was finally confirmed that the mysterious man was Pattinson), and the man threw all the bombs at the second floor box at the last moment and escaped.

The moment when the man escaped from the theater with his spy teammates dressed as diplomats.

The moment when the man escaped from the theater with his spy teammates dressed as diplomats.

The man and the fake diplomat fell into the hands of Ukrainians, and under torture, the man still refused to betray the whereabouts of the diplomat and other teammates. The man tried to kill himself by swallowing a special capsule made by CIA. Unexpectedly, it was just a coma drug that could disguise his death. This action was also a test of his loyalty.

The man is nominally "dead" and his teammates have all died, so he can no longer work for the CIA. But his superiors told him that he would be faced with the important task of saving all mankind. At present, all he can tell him is the word "creed".

He needs to report to this "creed" organization after a period of anonymity in the offshore wind power company. The female researcher didn’t tell him any information, but only taught him about antimatter. The goal, method, teammates and leaders all need the male owner to find clues by himself.

Tenet tidbits photo

Tenet tidbits photo

[Goya’s painting is how to return a responsibility? ]

There are two identical Goya paintings in the film, both of which were made by the painter Arbor. One was because the woman was too close to Alber, and she bought it as a real painting, and then auctioned it to her own husband at a high price of $9 million. After the husband learned that it was a fake, he kept it in Oslo Freeport as a handle to threaten his wife, and also had an excuse to often go to Oslo Freeport (actually to the revolving door);

The other one was taken by the man from Sir crosby, played by michael caine, as a stepping stone to get close to the Sator. The man claimed to the woman that he got the painting from Alber, but the lie was soon debunked by the woman, because Alber’s leg was interrupted by Sator, and he couldn’t walk or make a phone call. But she had no choice but to cooperate with the man.

The woman examines the counterfeit Goya paintings brought by the man.

The woman examines the counterfeit Goya paintings brought by the man.

The man wanted to go to Oslo to help the woman destroy the first fake. Unexpectedly, he discovered the secret of the revolving door and was ambushed (only to know later that it was himself), so he had to retreat first. The villain has taken out the painting in advance through the ability of "predicting the future", and his wife’s fate is still firmly in his hand.

The man and pattinson play Neil in the art warehouse of Freeport, Oslo.

The man and pattinson play Neil in the art warehouse of Freeport, Oslo.

[Do you have to hit the building with a plane? ]

As we all know, Nolan basically doesn’t use special effects, and everything he says is a real shot. The scene where the plane crashed into the warehouse in the film was really destroyed by a plane and a bunch of cars (anyway, the budget of Nolan crew, a Credo organization, was enough), which was needed by the plot, not a spectacle.

Why use the plane to crash into the building? The key line is that airport security is not afraid of robbery, but of rising temperature. Therefore, it is necessary to make the whole building explode and catch fire, so as to distract the attention of all security guards at the airport, and let the "Pentagon security level" art warehouse automatically reset to the factory setting, release halogenated fire-fighting gas to scare off the warehouse staff, so that the male owner can pry open the doors of each warehouse one by one within the time limit of holding his breath and look for paintings and reverse weapons that may be kept here.

Tenet stills

Tenet stills

[What is the villain’s goal? ]

The villain Sator comes from Stalask-12, an industrial waste city in the Soviet Union. Because the disintegration of the Soviet Union was the most frequent historical period of underground trading of nuclear materials, Sator in his youth obtained guidance documents and start-up funds from "future people". Since then, he has been dealing with radioactive materials all his life (which may be why he suffered from pancreatic cancer), and for many years, he has been looking for nine scattered algorithm components in nine countries with nuclear weapons (the nuclear-weapon countries are wary of each other, so female scientists think it is safest to hide the algorithm components in the nuclear raw materials).

He was originally a Russian oligarch. After being expelled from Moscow, he settled in London. He claimed to start with natural gas. His actual business was selling plutonium and arms. The ultimate goal was to collect nine parts, activate the algorithm, reverse the entropy of the whole earth, and let all mankind be buried with him in the late stage of cancer.

The reason why "future people" want to destroy previous human beings is similar to that of Thanos, and it is also the exhaustion of resources and the rise of sea level … … Destruction is rebirth. Sator hypnotized himself and sealed himself as a "god".

Sator will always check the heart rate on his bracelet. Once he dies and his heart rate drops to zero, some distant monitor will start the algorithm and end the whole world.

Tenet tidbits, the heroine and the villain

Tenet tidbits, the heroine and the villain

So when and where will he choose to end his life? This information was pieced together by the man and the woman — —

The female speaker said that when they went to Vietnam for vacation, the villains disappeared for a while. After the villain came back, the conversation at sunset was the last moment of warmth for the couple, so it was speculated that Sator would choose to end his life at this time;

The male owner also confirmed this speculation. He heard from Jazz that on the day of the explosion of the Ukrainian Grand Theatre, the abandoned city of Stalask-12 in the Soviet Union was monitored for signs of nuclear detonation. On the whole, it should be that day (14 days ago).

(Pattinson also knows all the ins and outs, just pretending not to know in front of the man. )

Tenet male master and male second

Tenet male master and male second

[Why do some people wear breathing masks and others don’t? ]

The setting in the movie is that when you turn from forward to reverse, the direction of air flow in the lungs will also reverse, so you must wear a special breathing mask. This has also become the key symbol to distinguish between the characters in the whole film. But if you reverse it and then reverse it, you don’t need to wear it, or you don’t need to wear it in a specially modified container.

For example, in Tallinn’s car chase, the villain wearing a breathing mask is the reverse. He hijacked the positive female host, and after entering the blue room (reverse space) in front of the rotating door, the villain did not need to wear a mask, but gave the female host a mask. At this time, there are positive villains hiding in the isolation room of the red room next to them, ready to intercept the position information of plutonium in advance and complete the time attack.

The reverse man driving in Tallinn is wearing a breathing mask.

The reverse man driving in Tallinn is wearing a breathing mask.

[The hostess started early, why did she succeed in saving the world? ]

Traveling back to 14 days ago, the heroine of Vietnam "can’t play any more" and shot her husband in advance, but the world didn’t end. Why?

First of all, you don’t have to blame the female host’s brain impulse. At that time, the villain began to suspect that the female host had multiple "doppelgangers". The female host who came back through saw that she would soon bump into herself at that time, so she had to end the task ahead of schedule. She believes that the man will succeed.

Secondly, the female host is originally a "backup" (backup, alternative scheme). The first scheme is that the male host and Pattinson and other troops take out nine algorithm components in the ghost town, cut off the signal, and let the villain die alone without knowing it. Plan B is the female host to watch the villain, stall for time, and let him not commit suicide first.

However, according to the results, it seems that both schemes have been successfully implemented — — The villain should not be dead yet, tied to the back of the boat and floating on the sea, and learned that the plan to destroy the world failed. The vengeful wife made him experience the feeling that his next life was worse than death … …

The reverse villain in the blue room (reverse time and space) threatens the female host.

The reverse villain in the blue room (reverse time and space) threatens the female host.

The revolving door in Tallinn originally belonged to the villain, and then reinforcements led by Ives arrived and occupied it. The reverse bullet of the villain in the heroine’s body, because it follows the law of inverse entropy, will continue to deteriorate in positive space-time, so it can only be treated in reverse space-time.

So the protagonist decided to take the hostess and Pattinson to reverse, and was transported to Oslo airport a week ago in a container to find a chance to heal her.

Why did you choose Oslo airport a week ago? Because the revolving door in Tallinn was guarded by the rebel forces before, the man was definitely shot dead when he came back from the reversal, so he had to find another exit.

A week ago, Oslo was in chaos because of the plane crashing into the building, and it was left unattended, which just happened to turn back to the positive direction. In terms of time, the journey time from the tower to Oslo is enough for the hostess to recover.

It is also because you don’t need to wear a mask, so even the wily villain (he also crossed back at this time, and he is still in the Ukrainian theater in the normal timeline) didn’t find that the last female host crossed back for revenge.

Tenet tidbits, Nolan and the man wearing a mask.

Tenet tidbits, Nolan and the man wearing a mask.

[What happened to the last ruins war? ]

The last battle on the ruins of Stalask-12 is the most complicated scene in the whole film, with a positive red team, a negative blue team, a positive enemy, a negative enemy, Pattinson, who once secretly turned positive, and parallel editing with the Vietnam Holiday Branch. The actual date coincides with the Ukrainian Grand Theatre, and the perspective is changeable and the role is divided, making people dazzled and fascinated.

If in the first half of the film, the man often gave the audience a lecture on popular science, Nolan had completely ignored the audience’s ability to keep up and let go of the filming himself. This scene is really wonderful, and it successfully pulls the emotional climax.

The red and blue teams fought against each other for ten minutes. When the red team starts, the blue team ends, and the blue team’s combat experience can be shared with the red team. The blue team is responsible for clearing the obstacles, and the red team rushes to the vicinity of the underground explosion source to cover the secret squad (composed of the red team captain Ives and the male leader) to take out the algorithm, and at the same time create the illusion that the bomb has failed (the villain installed the bomb to bury the algorithm underground, and the countdown is a bomb).

When the red and blue teams counted down for five minutes, the two teams bombed a building at the same time, and the cover team took the opportunity to enter the underground tunnel.

From the perspective of Pattinson Neil, the blue team, he saw a Russian mercenary who was against him ambush explosives at the entrance of the tunnel. So he quickly found the revolving door and turned forward, driving a jeep, trying to catch up with Ives and the man to remind them that there was a trap, but he didn’t catch up with it after pressing the horn for a long time (this part was taken from the perspective of the red team in the movie, showing that the entrance was bombed first, so I might not understand this part the first time).

Tenet tidbits photo

Tenet tidbits photo

The man and Ives forgot to bury the exit, found the algorithm and the mercenaries guarding it, and saw a sacrificial teammate with copper coins on his backpack lying on the ground. The villain arranged cages and locks here in advance, but the man couldn’t get in and watched the bomb explode.

On the eve of the explosion, the teammates lying on the ground suddenly stood up, blocked the bullets shot by mercenaries for the man, and then helped them open the lock. The man took the algorithm, and his teammates turned and ran out of the tunnel, driving a jeep and pulling the man, Ives and the algorithm up with a thick rope. The task was successful.

From Pattinson’s point of view, the last step was positive. He first pulled them up with a rope, then turned back in the opposite direction with the revolving door again, went down and opened the lock, and finally stopped the gun for the protagonist to die.

Fired a reverse gun at the Ukrainian Grand Theatre, stopped the man from killing himself masked in the Oslo Freeport, brought reinforcements led by Ives in Tallinn to rescue the man and the woman, dragged the man out of the frozen explosion car, pulled the rope with a jeep in the ruins battlefield, and finally blocked the bullet for the man … … Pattinson saved the man’s life at least six times in secret, and he is the patron saint of the man.

Tenet male master and male second

Tenet male master and male second

[So Neil finally died? ]

Yes, he died in that tunnel forever because he blocked the gun and exploded for the protagonist.

Who said goodbye to the man at the end of the film? Neil was secretly turned into a positive and temporary state in the middle of the war.

Neil told the man that we met in my past and your future. In other words, Neil was recruited by the future man (the real leader of Credo) and sent to travel back to the past to guide the young man to complete the task of saving the world. The whole movie shows a huge Temporal Pincer Movement.

The man and Neil have actually known each other for many years in the future and are close comrades-in-arms and friends. There is a hint at the beginning of the film, that is, Neil knew from the first meeting that the male host likes to drink diet coke.

The man and Neil met for the first time at the Royal Yacht Club in Mumbai.

The man and Neil met for the first time at the Royal Yacht Club in Mumbai.

So Neil has always been an informed, needle-piercing helper. He is nominally a middleman, and the actual goal is to protect the safety of the male owner — — At the expense of yourself.

He also knew his ending for a long time. The man asked if this was fate. His answer is reality. The first half of the film actually discussed the paradox of "free will" and "destiny takes a hand".

Pattinson’s role is by no means a tool for soy sauce. Only by understanding this film can we understand how affectionate and righteous Nolan has given him. The last farewell scene is so sad. Some netizens said Neil was "the most heartbreaking angel man this year".

??— — Neil explained what "I am waiting for you at the end of time" with life.

There are still many viewers wondering how to understand "dead in the present, but friends in the future"?

You can’t understand the whole movie with the conventional concept of time. Neil is a future person, and the villain is also a future person, and both destruction and salvation happen in the past. Like Mobius ring, you need to try to think outside the linear thinking.

Group photo of four starring Tenet.

Group photo of four starring Tenet.

[Neil is actually the son of a grown-up woman? ]

Some netizens at home and abroad mentioned this brain hole. The author thinks that although Nolan didn’t express it, it makes sense.

First of all, the film seems to deliberately avoid shooting the front face of the little boy. From the side face, he is a blond child, much like Pattinson.

Secondly, some netizens think that Neil’s feelings for the hostess are very gentle and deep, especially when taking care of her in the critical period. This is not obvious;

The last age may be roughly right — — The man recruited Neil in the future, so Neil is likely to be a teenager and a boy now. Since the future man trusts Neil so much, it may be because he has known him since he was a child.

As for why Max changed his name to Neil, it’s not surprising. Shouldn’t the time-travel agent change his name?

[What does the last egg mean? ]

As mentioned earlier, the whole movie is actually a symmetrical loop structure, so the last scene where the man secretly protects the woman and her son and kills the Indian female arms dealer can actually be regarded as an egg.

In this scene, all the other characters are in a normal timeline (after the success of saving the world), while the man came back from a little later time. He gave the woman a phone call and told her to send a signal when she was in danger, but in fact, the man received the news through surveillance video in the future and then crossed back to stop the danger. When he shot an Indian woman, she didn’t give a signal.

The man knew that Priya was not a trustworthy person, and he knew that she would kill her, so he had long been eyeing her. At the beginning, she was educated to learn to look at the timeline in a different way. In the end, the man really ended her sinful life in this way.

In the first half of the film, the man and the Indian female arms dealer Priya

In the first half of the film, the man and the Indian female arms dealer Priya

[finally]

In fact, there are many interesting details in Tenet — —

For example, the logo of the opening title Warner and Nolan syncopy was dyed into one red and one blue, echoing the positive and negative directions in the film;

For example, Whitman’s poem "We live in a twilight world, and there are no friends at dusk" appears many times in the film, which not only implies the chaos of time and precious friendship, but also plays a twilight actor’s stalk;

For example, Nolan cooperated with a brand-new soundtrack, and the electronic music of visiting Freeport, Tallinn gun and drug depot and fire truck carjacking scenes was amazing. Someone has studied the soundtrack of this film and found that even the soundtrack has a clever loop structure design … …

More fun, waiting for fans to discover one by one.

Having explained so much, do you have a clearer understanding of Tenet? In fact, unless it’s structural/logical/detail control, it’s good to keep a state of incomprehension just like the male master.

Exactly the sentence: "Don’t try to understand it, feel it. Don’t try to understand it, just feel it. )

Tenet tidbits, Nolan and the male host are on the set.

Tenet tidbits, Nolan and the male host are on the set.

Ministry of Industry and Information Technology: China’s manufacturing industry is moving from China manufacturing to China creation.

  Cctv newsOn September 13th, the State Council Office held a press conference on "Promoting the Construction of a Powerful Country and Building a Powerful Network to Help Build a Well-off Society in an All-round Way".

  The Minister of the Ministry of Industry and Information Technology said that since the 18th National Congress of the Communist Party of China, historic achievements and changes have taken place in industrial and information development, which has significantly enhanced the country’s economic strength, scientific and technological strength and comprehensive national strength, and made important contributions to improving people’s quality of life and building a well-off society in an all-round way.

  First, the status of manufacturing power has been further consolidated.. Since 2010, China’s manufacturing industry has ranked first in the world for 11 consecutive years. Mainly reflected in: large volume, from 2012 to 2020, China’s industrial added value increased from 20.9 trillion yuan to 31.3 trillion yuan, of which the added value of manufacturing industry increased from 16.98 trillion yuan to 26.6 trillion yuan, accounting for nearly 30% of the global total. The system is complete. China’s industry has 41 categories, 207 middle categories and 666 sub-categories, making it the country with the most complete industrial system in the world. Of the 500 major industrial products, more than 40% have the highest output in the world. Competitiveness has been enhanced, and key industries such as photovoltaics, new energy vehicles, household appliances, smart phones and consumer-grade drones rank among the top in the world, and a large number of high-end brands such as communication equipment, construction machinery and high-speed rail have gone global.

  Second, major breakthroughs have been made in innovation in key areas.. Major projects have been reported frequently, such as the return of extraterrestrial objects from Chang ‘e V, the launch of Mars exploration by Tianwen-1, and the successful bottom of the 10,000-meter trench of Endeavor, setting a new record for deep space and deep sea exploration in China. The Beidou-3 global satellite navigation system has been fully completed, creating a new era of independent global satellite navigation in China. The world’s first million-kilowatt hydro-generator set was officially put into production, marking a new leap in China’s major equipment manufacturing. There are many bright spots in big countries. The first domestic aircraft carrier was installed, C919 large passenger plane was tested, the world’s largest and most technically difficult Three Gorges vertical ship lift was put into operation, the world’s most advanced ultra-deep water drilling platform was built and put into operation, the world’s first set of 8.8m ultra-large mining height intelligent mining equipment was successfully developed, and UHV power transmission and transformation, large-scale tunneling equipment, large-scale coal chemical equipment and metal nano-structured materials were among the top in the world, marking the continuous improvement of China’s manufacturing level.China’s manufacturing industry is moving from China manufacturing to China creation..

  Third, the industrial structure was accelerated and upgraded.. The leading role of high-tech manufacturing and equipment manufacturing has been significantly enhanced, and the proportion of high-tech manufacturing in the added value of industrial enterprises above designated size has increased from 9.4% in 2012 to 15.1% last year; The proportion of equipment manufacturing industry in the added value of industrial enterprises above designated size has increased from 28% to 33.7%, and its contribution rate to the growth of industrial enterprises above designated size will exceed 70% in 2020. Traditional industries have gained new vitality, and great achievements have been made in resolving excess capacity, and the goal of removing 150 million tons of steel industry capacity in the "Thirteenth Five-Year Plan" has been achieved two years ahead of schedule. The proportion of technological transformation investment in industrial investment has increased to 47.1%, and new technologies, new materials, new equipment and new processes have been widely used. The sales revenue of new products of industrial enterprises above designated size has increased to about 20% of the main business income.

  At the same time, the energy consumption of added value of industrial units above designated size dropped by 16% in the 13th Five-Year Plan. The digital transformation of manufacturing industry has been accelerated in an all-round way. The numerical control rate of key processes in key areas has increased from 24.6% in 2012 to 52.1% in 2020, and the penetration rate of digital R&D and design tools has increased from 48.8% to 73%. The industrial regional layout has been continuously optimized, and the leading role of key areas such as Beijing-Tianjin-Hebei, Yangtze River Delta and Guangdong-Hong Kong-Macao Greater Bay Area has been further enhanced. A large number of advanced manufacturing clusters have been formed in the fields of electronic information, rail transit, construction machinery and automobiles.

  Fourth, the strength of manufacturing enterprises has increased significantly.. The backbone leading enterprises have accelerated their development and growth. The total assets and operating income of the top 500 manufacturing enterprises in China have increased from 19.7 trillion yuan and 21.7 trillion yuan in 2012 to 39.19 trillion yuan and 37.4 trillion yuan in 2020 respectively. In the latest list of the world’s top 500 enterprises, 73 enterprises in China’s industrial field were shortlisted, 28 more than in 2012, with a very large increase. Small and medium-sized enterprises are very active in entrepreneurial innovation, and their professional level has been continuously improved. They have cultivated more than 40,000 "specialized and innovative" enterprises, more than 4,700 "little giant" enterprises and nearly 600 single champion enterprises in manufacturing. The main role of enterprise innovation has been significantly enhanced. In 2020, the total number of research and experimental development institutions and R&D expenditures of industrial enterprises above designated size have doubled compared with 2012, and the number of effective invention patent applications has more than tripled.

  Fifth, the information and communication industry has achieved a new leap.. The world’s largest optical fiber and mobile communication network will be built, the fixed broadband will be upgraded from 100 megabits to gigabit, and the optical network city will be fully built; Mobile communication has evolved from 4G to 5G, leading the world in network, industry and application. The global proportion of 5G base stations and terminal connections exceeds 70% and 80% respectively. The proportion of administrative villages and poverty-stricken villages connected with optical fiber and 4G is over 99%, and the problem of rural communication difficulties has been solved historically. Network application expands from consumption to production. Mobile payment is widely used, and online shopping, online learning and telemedicine have become new ways of working and living. The integration of new technologies such as 5G and industrial Internet with manufacturing industry has accelerated, and new scenes, models and formats such as collaborative R&D and design, unmanned intelligent inspection, digital factories and smart mines have flourished. The pace of digital industrialization and industrial digitalization has accelerated, and the digital economy has provided a strong impetus for sustained and healthy economic and social development.

Japanese media: the vice president of the United States rarely pointed out that the Japanese constitution was drafted by the United States

  BEIJING, Aug. 16 (Xinhua) According to Japanese media reports, US Vice President Biden criticized Trump, the Republican presidential candidate who made nuclear remarks in Japan and other countries, on the 15 th of this month, saying that "the Japanese Constitution that advocates (Japan) cannot become a nuclear-armed country is written by us (the United States). Does he not know this?"

  According to reports, Biden made the above remarks when attending a rally of Democratic presidential candidate Hillary Clinton in Pennsylvania in the eastern United States.

  In view of the Japanese Constitution based on the draft of the Allied Forces General Command (GHQ) in Japan, there is an idea of "imposing constitutional theory" in the Liberal Democratic Party of Japan, and American politicians clearly point out that it is rare to draft it by the United States.

  Biden believes that Trump lacks diplomatic common sense and has no willingness to learn, pointing out that he does not have the qualification to "know the nuclear weapon launch code" as president.

  It is reported that Biden also said in an interview with the American media in June that "Japan has the ability to develop nuclear weapons overnight."