Dodge Hellcat sees two headlights as sharp as eagle eyes from the front of the car, and the flexible lines of the whole body overflow with a aura. If you like passion, sports cars and speed, this Dodge Hellcat is the only choice. There is also the exclusive logo of "Hellcat" (translated as Hellcat) on the dashboard of Dodge Hellcat. In the end, what car can represent muscle, what car can represent speed and what car represents fierceness, and the combination of the three is today’s protagonist!

　　As the Dodge Challenger of American muscle car, Dodge Hellcat has never followed the trend of the times, and still insists on the original intention of large size and large displacement. Up to now, even the latest Dodge Challenger still retains the retro shape design of the last one, with a length of more than 5000mm, a wide hood and a sharp waistline, and the whole body is full of weight!

　　Highlighting the original intention of its muscle car! Dodge Hellcat is equipped with a 6.2-liter HEMI V8 supercharged engine with a maximum power of 600 HP, which is matched with a six-speed manual transmission or a TorqueFlite eight-speed automatic transmission. The new Dodge Hellcat SRT Hellcat V8 6.2L 707 horsepower accelerates 100 kilometers for 3.7 seconds. Reservation accepted. The transmission system is matched with a brand-new 8-speed automatic transmission, which is used to match the increased torque output of Charger SRT.

　　CCTV News:Recently, many departments disclosed a number of economic-related data. What kind of economic situation is revealed behind the figures? Understand the development trend by interpreting the data.

　　In the first quarter, the electricity consumption of 31 provinces in China increased positively.

　　Social electricity consumption is an indicator that can reflect the activity of production and life. According to the latest statistics of China Electric Power Enterprise Federation, in the first quarter, the electricity consumption of the whole society in the eastern, central, western and northeastern regions of China increased by 10.0%, 9.0%, 10.4% and 5.9% respectively. All provinces in China have positive growth in electricity consumption, among which the growth rate of electricity consumption in the east and west is leading.

　　High-tech industries achieve double-digit growth in electricity consumption.

　　From the perspective of industry, in the first quarter, the electricity consumption of high-tech and equipment manufacturing industry increased by 14.5% year-on-year, which was 7.1 percentage points higher than the average growth level of manufacturing industry, and the electricity consumption showed an obvious increase.

　　Electricity consumption of Internet data services increased by 33.4% year-on-year.

　　The electricity consumption of the tertiary industry increased by 14.3% year-on-year, and the growth rate was 10.3 percentage points higher than that of the same period in 2023. Big data and "cloud computing" have developed rapidly, and the electricity consumption of Internet data services has increased rapidly, with a year-on-year increase of 33.4%. At the same time, with the vigorous development of electric vehicles in China, the electricity consumption of China’s charging and replacing service industry has increased substantially, with a year-on-year growth rate of 70.1%.

　　Demand for people’s livelihood consumer logistics maintained rapid growth.

　　From the perspective of people’s livelihood consumption, in the first quarter, the total logistics volume of units and residents’ goods increased by 11.6% year-on-year, and the growth rate increased by 5.7 percentage points over the same period of last year. From the perspective of products, the demand for upgraded people’s livelihood consumption logistics continued to be released, and the demand for retail logistics of sports and entertainment products and communication equipment increased by more than 10% year-on-year.

　　In the first quarter, the total social logistics in China increased by 5.9% year-on-year, which made a good start.

　　China Federation of Logistics and Purchasing announced on April 29th that in the first quarter of 2024, the total social logistics in China was 88 trillion yuan, up by 5.9% year-on-year, and the growth rate was 0.5 percentage points higher than that in the fourth quarter of last year and 2 percentage points higher than that in the same period of last year. The total amount of social logistics has continued the upward trend since last year, and the overall recovery level has risen steadily.

　　In the first quarter, China cultural enterprises realized operating income exceeding 3 trillion yuan.

　　According to the data released by the National Bureau of Statistics on April 29th, in the first quarter, the operating income of cultural and related industrial enterprises above designated size nationwide reached 3,105.7 billion yuan, an increase of 8.5% over the same period of last year. The total profit was 211.6 billion yuan, an increase of 5.8% over the same period of last year. The development of cultural enterprises has made a good start.

　China shipbuilding enterprises win the world’s largest single shipbuilding order.

　　On April 29th, China Shipping Group and Qatar Energy Group signed 18 orders for the world’s largest 271,000 cubic meters super-large liquefied natural gas (LNG) carriers, which became the largest single shipbuilding order in the world at present, marking that China’s R&D and design capability of high-end ships has moved towards the world leading goal.

　　The dynamic ignition test of liquid rocket with maximum thrust in China was a complete success.

　　The 130-ton liquid oxygen kerosene rocket engine independently developed by China completed the ignition test of four engines in parallel on April 28th, and the total thrust of the engine exceeded 500 tons. This is an engine ignition test with the largest thrust and the most complicated system in the history of liquid rocket power development in China, which provides support for the subsequent development and first flight of new rockets in China.

　　The completion rate of comprehensive three-dimensional traffic network in China is about 90%

　　On April 29, the Ministry of Transport held a press conference, and the relevant person in charge said that China is accelerating the construction of a national comprehensive three-dimensional transportation network. At present, the spatial layout of the main skeleton has been basically completed.

　　The main skeleton of the national comprehensive three-dimensional traffic network can be summarized as "6 axes, 7 corridors and 8 channels", that is, 6 main axes, 7 corridors and 8 channels.

　　"Six axes" include Beijing-Tianjin-Hebei — Yangtze River Delta Spindle, Beijing-Tianjin-Hebei — Main axis of Guangdong, Hong Kong and Macao, Beijing-Tianjin-Hebei — Chengdu-Chongqing main axis, Yangtze River Delta — Main axis of Guangdong, Hong Kong and Macao, Yangtze River Delta — Chengdu-Chongqing main axis, Guangdong, Hong Kong and Macao — Chengdu-Chongqing spindle and other 6 spindles.

　　"Corridor 7" includes seven corridors, including Jingha Corridor, Beijing-Tibet Corridor, Continental Bridge Corridor, Western Land-sea Corridor, Shanghai-Kunming Corridor, Chengyu-Kunming Corridor and Guangkun Corridor.

　　The "eight channels" include Suiman channel, Jingyan channel, border channel, Fuyin channel, Erzhan channel, Sichuan-Tibet channel, Xianggui channel and Xiamen-Chengdu channel.

　　"6-axis, 7-corridor and 8-channel" is the most critical trunk line and main channel in the national comprehensive three-dimensional transportation network, and it is the main axis of China’s land space development and the aorta of the national economic cycle.

　　In the next step, the Ministry of Transport will jointly issue the "Main Skeleton Route Plan" with relevant departments to coordinate the protection of resource elements such as land, sea and forest. At the same time, in the implementation of the five-year plan and the annual investment plan, priority will be given to the main skeleton construction projects, and efforts will be made to take the lead in building 1-mdash; 2 demonstration channels.

　　Launching of Shield Machine for Pilotage High-speed Railway Tunnel

　　On April 29th, the shield machine of high-speed railway tunnel, which is independently developed by China and has the largest diameter in the world at present — — The "Pilot" was successfully launched, and the construction of Chongtai Yangtze River Tunnel ushered in a new stage.

　　At 11 o’clock in the morning, at the construction site of Wan ‘an Village, Chongming, Shanghai, at the mouth of the Yangtze River, the "Pilotage" shield machine officially started its journey across the river. This shield machine has a total length of 128 meters and a total weight of about 4,000 tons. It will start from Chongming, dig more than 10,000 meters alone, cross the Yangtze River Knife and Crucian Carp Protection Zone, the main channel and other environmentally sensitive areas, and reach Taicang, Jiangsu.

　　It is understood that Chongtai Yangtze River Tunnel is the control project of Shanghai-Chongqing-Chengdu High-speed Railway, with a total length of 14.25 kilometers. It is the river-crossing tunnel project with the longest single-headed excavation distance and the largest shield diameter of railway tunnel in the world. The speed of high-speed rail crossing the river will be 350 kilometers per hour, which will become a new fast-track connecting Shanghai, Nanjing and Hefei metropolitan areas.

　　The latest monthly and quarterly data of "CCTV Financial Street Economic Prosperity Index" was released.

　　On April 29th, the latest monthly and quarterly data of the economic prosperity index of CCTV Financial Street was released for the first time.

　　The "CCTV Financial Street Economic Prosperity Index" was first released in March 2024, with an index of 109.89 points, up 9.4% year-on-year and 3.8% quarter-on-quarter, indicating that off-balance-sheet financing and direct financing in the financial market have improved significantly, and most financial practitioners are optimistic about the future economic prosperity.

　　Fu Lin, deputy dean of the School of Economics of the Central University of Finance and Economics, said that the economic prosperity index of CCTV Financial Street was significantly higher than that of our threshold in March, and I kept rising for three consecutive months, which fully showed that with the continuous release of the macro-combination policy effect, the endogenous kinetic energy of China’s economy was accelerating and the market confidence was constantly boosted.

　　The index of the first quarter of 2024 released for the first time was 106.54, up 3.5% year-on-year and 2.3% quarter-on-quarter, indicating that the economic boom in the beginning of 2024 recovered rapidly and the investment structure and credit structure continued to be optimized.

　　It is particularly noteworthy that 1-mdash; In March, manufacturing investment increased by 9.9%, and the growth rate accelerated by 0.5 percentage points. The two indicators of "technology and finance" and "Digital Finance" increased significantly, with year-on-year growth rates of 5.3% and 4.6%. Under the guidance of accelerating the cultivation of new quality productivity, the technological transformation and equipment renewal of enterprises have promoted the manufacturing investment to maintain a high level of growth.

　　It is understood that the "CCTV Financial Street Economic Prosperity Index" is supported by the School of Economics of the Central University of Finance and Economics, and a number of secondary indicators have been set up around the "five major articles" proposed by the Central Financial Work Conference, focusing on scientific and technological innovation, green transformation, universal benefits, pension industry, digital economy and other fields. From the perspective of financial practitioners, based on economic confidence, market expectations, risk management and other aspects, it provides financial index services that can be used for reference for high-quality economic development.

　　Since 2023, 394,000 veterans have reached employment intentions.

　　The reporter learned from the press conference held by the Department of Veterans Affairs on April 29th that since 2023, a total of 11,500 job fairs have been held for veterans nationwide, and 394,000 veterans have reached employment intentions, up by 7.4% year-on-year, and the employment channels and scale have been continuously expanded.

　　Since 2023, 11,500 job fairs have been held throughout the country through the annual employment service special action, private enterprise service month, golden autumn recruitment month and other activities, providing about 7.067 million job information, and 394,000 retired soldiers have reached employment intentions. The Department of Veterans Affairs also held the signing ceremony for the fourth batch of ministries and enterprises, and cooperated with 69 central enterprises, state-owned enterprises and private enterprises. The contracted enterprises provided 264,000 exclusive posts for veterans according to the agreement.

　　With the first batch of retired soldiers returning to the local area in the spring, the employment recruitment service activities in 2024 entered the first peak period. Since the beginning of April, Gansu, Inner Mongolia, Hubei, Tianjin and other places have been organizing special recruitment activities for veterans.

The differences between and are: different design, different price, different body size, different interior configuration and different power.

The design is different: the design of Feng Landa is more radical, while that of Wei Landa is more harmonious, but the front face of Feng Landa is more three-dimensional. The front grille is made of silver and black, with a large medium net and a two-color body, while Wei Landa is usingSpindle typeThe design of the grille and fog light areas on both sides is relatively less radical.

The price is different: Feng Landa has a lower positioning and is cheaper than Wei Landa in terms of price.

Different body sizes: the dimensions of the luxury version of the 2022 2.0L CVT of Fenglanda are 4485mm in length, 1825mm in width, 1620mm in height and 2640mm in wheelbase, while the luxury PLUS version of the 2022 2.0L CVT four-wheel drive is 4665mm in length, 1855mm in width, 1680mm in height and 2690mm in wheelbase.

The interior configuration is different: compared with the entry-level version of Flanders, Flanders has more sports/comfortable driving modes, central armrests, rear cup holders and LED far and near lights/driving lights, while Flanders has more 8-inch central control screen and mobile phone interconnection mapping. For luxury models, Flanders is equipped with front and rear parking radar, leather seats, 10.1-inch center console, voice recognition control, LED front fog lights and temperature zone control, which is more distinguished. Willanda has more front parking radar, front seat heating/ventilation function and 10.1-inch central control panel, but Flananda has more voice recognition control system and more voice-activated air conditioning/sunroof functions.

The power is different: it is equipped with a 2.0L naturally aspirated engine with a maximum power of 126kW, while it provides two power systems: a 2.0L fuel version and a 2.5L hybrid version.

    Changchun, July 10 (Xinhua) At the beginning of the founding of New China, everything was in full swing. How did China’s automobile industry start? Where is the road? When can Chinese drive his own car? It once became a topic of concern to many Chinese people.

    The question of the times is "broken" from Changchun City, Jilin Province. On July 15th, 1953, with the foundation laying ceremony held by the First Automobile Factory (the predecessor of China FAW Group Co., Ltd.) in Changchun, Chinese’s wish to "build his own car" began to break ground in dreams may come and China automobile industries.

    On July 13, 1956, the first domestic Jiefang brand car opened the general assembly line in FAW. It took less than three years to achieve a "zero breakthrough", and FAW filled the gap in China’s automobile industry. The history of China’s automobile industry began to be recorded from this day, and the No.1 Automobile Factory became the "cradle of new China’s automobile industry".

    Over the past 70 years, from the No.1 Automobile Factory to the present China FAW Group Co., Ltd. (hereinafter referred to as "China FAW"), FAW has always resonated with the China automobile industry at the same frequency, moving forward to the new. The development course and achievements of China FAW all reflect the highlights of China automobile industry.

Workers assemble vehicles in faw liberation assembly workshop in Jilin Changchun. Xinhua News Agency reporter Xu Changshe

   Highlight moment one:

    Many "firsts" laid the foundation for the new China automobile industry.

    The first automobile factory, with its wheels rolling, has gone through 70 years, dressed in red and set off the spring glow, and is coming all the way in the expectation of all the people.

    There are many hardships in starting a business. The first automobile factory has done three years of preparatory work before it set up its factory. After the factory was built, China Autobots learned to absorb, worked hard, worked day and night, and never gave up. In less than three years, the first car was rolled off the assembly line.

    Cold comes and summer goes. In front of FAW No.1 Factory, the marble cornerstone engraved with "Commemorating the Foundation of No.1 Automobile Factory" witnessed the various development stages of China FAW.

    See what the northern countries show: Hundreds of leagues ice-bound go; Thousands of leagues flies snow. A number of trumpets have been heard from the depths of time and space. In order to ensure the smooth completion of the three-year factory building task, on December 15, 1953, the first automobile factory started its first winter construction.

    The builders climbed high above the ground to tie steel bars, poured concrete, and cracked the exits by hand. They wrapped them with adhesive tape and continued to work. The crane driver climbed out of the hot bed in the middle of the night and baked the crane with charcoal fire to ensure that it could be hoisted at work. The workers paved the road with straw mats to prevent the crane from slipping on the ice road. The surveyors climbed down the 30-meter-high column covered with frost, drilled into the template with a high temperature of more than 40 degrees, and once in and out, the clothes formed a hard ice plate. After a winter’s hard work, four workshops, namely thermal power station, chassis, nonferrous metals plant and auxiliary plant, rose from the ground, and the construction task was completed 20 days ahead of schedule, and the quality was completely qualified.

    Today’s summer is the golden period of construction in Northeast China, but it was not so at that time. From June to August, the average monthly rainfall in Changchun is 13-16 days. "The construction period cannot be delayed, and we must try our best to complete the construction task with good quality and quantity as planned." Builders broke the old habit of stopping work in rainy days and fought day and night … In October 1955, the tasks of "three links" (electricity, heat and ventilation) in the First Automobile Factory were basically completed, and thousands of equipment were put into operation.

    On March 26th, 1956, the first furnace of molten iron was smelted in the foundry. On April 3, the chassis workshop carried out a batch of trial production; On may 8, the forging workshop began to produce in batches with rhythm; On June 20, the engine workshop began trial production; On June 30th, 404 of the 409 collaborative supporting products passed the trial production; On July 2nd, the Stamping Department, which produces large parts in the stamping workshop, started commissioning production. On July 9th, the last assembly cab of Jiefang automobile was successfully trial-produced … On July 13th, the first domestic Jiefang automobile in China, Jiefang CA10, opened the assembly line.

    "The birth of the domestic Jiefang brand car marks the successful completion of FAW’s three-year factory building task, marks the end of China’s history of not being able to manufacture cars, and marks that China’s automobile industry has entered a new historical period." "On the day when the truck rolled off the assembly workshop, tens of thousands of people ran to the square to see it. I will never forget that kind of happiness and pride. " This is a deep memory of all FAW people.

    From June 5 to November 7, 1957, FAW’s largest equipment, the 3,500-ton press, was installed, and the first batch of left and right longitudinal beam parts were successfully punched. Since then, all the parts on Jiefang brand cars can be made by themselves, and the localization rate has reached 100%.

Workers assemble vehicles in faw liberation assembly workshop in Jilin Changchun. Xinhua News Agency reporter Xu Changshe

    Shortly after the birth of the first truck in New China, the development of domestic cars was put on the agenda. How to do it? FAW people carry forward the spirit of building cars with hard work, dedication and courage to explore, and write answers.

    On May 12, 1958, the first domestic Dongfeng brand car built by workers was born in the expectation of many people. On August 1st, 1958, the first Hongqi brand limousine was born in New China. On September 12, 1965, the new "Red Flag" three-row luxury sedan came out. At this point, FAW and China automobile industry have completed the "three consecutive jumps", which not only lays the foundation for future development, but also lays the foundation for China automobile industry to become the world’s largest automobile production and sales country in the future.

    Highlight moment 2:

    Transformation and development will integrate "reform" into the blood of enterprises

    In a country’s economic system and industrial structure, the automobile industry is in an extremely important position. Automobile manufacturing is a technology-intensive industry. As the "eldest son" of China’s automobile industry, China FAW has experienced setbacks and hesitations, and "reform" has become a "good prescription" for it to get out of the trough and meet the bright moment again.

    China FAW has grown into a state-owned super-large automobile enterprise group with an annual production and sales of more than 3 million vehicles. By the end of 2022, the cumulative production and sales of vehicles exceeded 54 million, ranking 79 th in the Fortune Global 500; From January to June this year, the increase in corporate income exceeded the increase in sales volume, and the increase in profits exceeded the increase in income. Among them, new energy vehicles grew strongly, up 81.8% year-on-year, 1.8 times the growth rate of the industry; The overseas market made a rapid breakthrough, with a year-on-year increase of 176.5%, 2.3 times the growth rate of the industry.

    In recent years, the global layout of China FAW has been accelerating, and the transnational operation ability and level of enterprises have been continuously improved. The data shows that by the end of 2022, FAW Group’s overseas business has covered 85 countries and regions such as Europe, Africa, Southeast Asia, Latin America and the Middle East, with more than 120 overseas dealers and a cumulative export of 400,000 vehicles. There are 3 overseas subsidiaries in Eastern Europe, South Africa and Tanzania, and 15 KD production (parts assembly) bases in South Africa and Tanzania.

Vehicles are waiting to be assembled at Hongqi Prosperity Factory of China First Automobile Group Co., Ltd. in Jilin Changchun. Xinhua News Agency reporter Zhang Nanshe

    Behind the dazzling data is China FAW’s spirit of responsibility, hard work, facing the pain and courage to reform.

    The management mechanism is outdated, the products are backward, and the "30-year old liberation system" …

    The new technology of world automobile industry brings pressure and touches to China FAW. In July, 1983, FAW people started a tough battle of "transformation and transformation". In three years, they used 440 million yuan of self-raised funds to complete the renovation project that foreign experts asserted that it would take 2.2 billion yuan to change the model.

    On July 15th, 1986, on the occasion of the 33rd anniversary of the founding of China FAW, the new car Jiefang CA141 began mass trial production. On September 29th of the same year, the last "Old Jiefang" drove off the assembly line, and the old product that had been produced for 30 years was finally "retired". On January 1, 1987, the second-generation Jiefang car CA141, which had the international advanced level at that time, was born. With the successful practice of their own transformation, FAW people have embarked on a road of "independent development, self-financing, independent construction and non-stop production transformation", which has made the technical level of products leap over 30 years and increased the output from 60,000 vehicles to 85,000 vehicles. Since then, the liberated models have been continuously upgraded, and a complete independent research and development system from forward-looking technology, engine, transmission, axle to whole vehicle has been built.

    Incorporate "reform" into the blood of enterprises, and give reference and thinking to China automobile industry with "reform". Since 1990s, China FAW has been regarded as the pilot unit of the first batch of enterprise groups and authorized operation of state-owned assets. Since the establishment of FAW-Volkswagen Company in 1991, it took China FAW more than ten years to complete the fundamental transformation from the factory system to the company system, basically formed an enterprise management mechanism that meets the requirements of modern enterprise system and meets the needs of market competition, and realized the transformation of enterprise management from a production management system to a brand-new enterprise management model.

    Reform needs to be deepened. Reform is a powerful endogenous driving force for China FAW to keep moving forward. Since 2017, China FAW has promoted internal reform and carried out all-round brand remodeling. After the reform, China FAW set up R&D Institute and other departments to establish a market-oriented R&D mechanism, and the salary of employees is directly linked to the market performance of its products.

    A major feature of this reform is that the Hongqi brand is directly operated by the group headquarters. In 2020, the sales volume of Hongqi brand exceeded 200,000 units, and the sales volume increased 42 times in more than three years. In 2021, the cumulative sales volume of Hongqi brand exceeded 300,000 units, a year-on-year increase of over 50%; In 2022, the annual sales volume of Hongqi brand was 310,000 vehicles, a year-on-year increase of 3%, and the five-year sales volume increased by 64 times, creating a new span for the growth of the automobile industry.

In the welding workshop of Hongqi Prosperity Factory of China First Automobile Group Co., Ltd. in Changchun City, Jilin Province, the welding robot welds the car body on the production line. Xinhua News Agency reporter Yan Linyun photo

    On April 18th this year, the 2023 Shanghai International Auto Show kicked off, and China FAW’s Hongqi, Pentium, FAW-Volkswagen Audi, Volkswagen, Jetta and FAW Toyota brands all appeared in a super lineup. Qiu Xiandong, director, general manager and deputy secretary of the Party Committee of China FAW, said at the press conference that the Hongqi brand will start a new round of leap-forward growth.

    Highlight moment 3:

    National brands are becoming stronger on the new track.

    Statistics show that China’s total automobile production and sales have ranked first in the world for 14 consecutive years, while the production and sales of new energy vehicles have ranked first in the world for 8 consecutive years. At present, Jilin Province is vigorously implementing the project of "upgrading the automobile industry cluster" to fully support the high-quality development of China FAW.

    It takes courage and courage for a rolling stone to climb the mountain, and it takes responsibility and action to climb over the ridge. High-quality development is inseparable from the "fertile soil" of Xingye cultivated by a good business environment. Jilin Province put forward that it will base itself on Changchun, drive the whole province, strive to seize the new track for the development of new energy vehicles, and strive to build a world-class advanced automobile manufacturing cluster. In 2025, the scale of automobile industry in Jilin Province will reach trillions. At present, Jilin is fully implementing the project of "upgrading the automobile industry cluster", fully supporting the high-quality development of China FAW, accelerating the development of Hongqi, Jiefang and Pentium into world-class automobile brands and China’s leading automobile brands, and striving to build a world-class automobile city in Jilin.

    Looking back on the road to entrepreneurship, we will not bear the new journey of development. In recent years, China FAW has been striving for a stable and far-reaching future based on innovation, deep wisdom, low carbon, green energy and exploration.

    In January this year, China FAW and Hongqi brand announced "All in New Energy", and released new energy brand framework, design language, technology platform, product planning and other information. Subsequently, Hongqi brand once again held a new energy technology conference to expose new energy scientific and technological achievements and a series of key leading technologies.

    In April this year, two brand-new models of Hongqi New Energy Sub-brand-Hongqi E001 and Hongqi E202 were unveiled at the Shanghai Auto Show. According to the press conference, under the background of high-quality industrial development, continuous innovation and iteration of independent technology, and renewed and upgraded consumer demand, China FAW will continuously introduce excellent products. Adhering to the concept of "national car safety and national car health" of Hongqi brand, Hongqi E001 cuts through three aspects: cutting-edge modeling, excellent performance and intelligent technology, bringing users a new driving experience.

    Hongqi E001 is a luxury intelligent pure electric car. In terms of new energy, it has successfully achieved "less battery attenuation at low temperature" and "safer at high temperature". In terms of intelligent driving, it can achieve the world’s leading centimeter-level positioning, covering the "point-to-point" automatic driving scene of high-speed and urban trunk roads all day, and equipped with multi-modal active interaction technology with a user intention recognition rate of 99%. The car will be launched this year. The pure electric SUV Hongqi E202 is specially designed for home users and will be launched in February 2024.

    Also attracting people’s attention is the brand new red flag L5. According to the designer of China FAW R&D Institute, the creativity of the headlights on the front of the new red flag L5 car body originated from the Tiantan algae well, and the inspiration of the air intake grille came from the jade tube bamboo joint, which fully reflected the oriental rhythm. The body posture of holding one’s head high and flying flags, the taillight design of palace lanterns, the mature matrix trim strips selected by many classic red flag models, and the horizontal outline of the car originated from the double eaves of Chinese architecture all incorporate Chinese cultural elements.

    In terms of technological innovation, the brand-new Hongqi L5 is equipped with the only V8T engine developed by its own brand, and 49 patented technologies, such as high-precision balanced combustion, have enabled the car to have abundant power. In terms of vehicle information security, the car was first equipped with an autonomous state secret algorithm.

Hongqi E-HS9 is equipped with the second generation C-V2X products. Xinhua news agency

    It is reported that starting from this year, China FAW will firmly push forward the "All in" new energy strategy, and strive to transform itself into a new energy vehicle in all aspects. Resolutely achieve "two all, one stop", that is, all the investment in technological innovation in the future will be used for new energy smart vehicles, and all the new production capacity will be used for new energy vehicles, and the new investment in traditional fuel vehicle technology and production capacity will be stopped. Strive to be "effective" in one year, "leading" in three years and "leading" in five years. By 2025, the production and sales volume of China FAW New Energy Vehicles will exceed 1.45 million, of which the proportion of independent brands will exceed 50%.

    China FAW is committed to the new era of "keeping in mind the entrustment, concentrating on innovation, building a strong country and being a pioneer", and with the ambition of "controlling key core technologies", "establishing national automobile brands" and "building a world-class enterprise", it will persevere in the great historical cause of building a strong country and national rejuvenation, and strive to write a new chapter of "the scenery is unique here", which will surely usher in more highlights. (Huang Wei)　

In recent years, Suqian has seized the new track of digital economy, built new opportunities for industrial development, and made every effort to build a "famous e-commerce city", and the e-commerce market has flourished. The pace of "Double Eleven" is getting closer and closer. Recently, e-commerce companies have sprinted to meet the "Double Eleven".

E-business people busy in front of the screen.

On October 30th, the staff of Suqian Malt E-commerce Co., Ltd. located in Sucheng District were busy processing a large number of orders on the computer screen. They are ready for the "Double Eleven".

It is reported that Suqian Malt E-Commerce Co., Ltd. was established in 2017. It is an e-commerce company specializing in carpet sales. At present, the company cooperates with many independent brands of carpets, covering a variety of styles to meet the needs of different customers. At the same time, it provides national multi-warehouse distribution service to ensure that customers can receive their favorite products in the shortest time. During the "Double Eleven" period last year, the company’s sales exceeded 9 million yuan, and this year, the company’s sales target during the "Double Eleven" period is to exceed 20 million yuan.

"At present, our company has 12 anchors, 16 customer service staff and 8 operators … The manpower is still sufficient. In order to welcome the’ Double Eleven’, we are also ready, which not only extends the live broadcast time of various e-commerce platforms, but also carries out related preferential activities. Customers will enjoy the lowest price in the whole year when they start our carpets at the’ Double Eleven’." Wang Wenjie, the person in charge of Suqian Malt E-Commerce Co., Ltd., said that recently, the popularity of the company’s live broadcast room has increased significantly, which is about three times as usual. Not only that, the daily sales in recent days have exceeded 300,000 yuan, and the sales target should be achieved steadily as expected.

In all the office areas of Suqian Malt E-Commerce Co., Ltd., balloons and pendants with the words "Facing the Double Eleven" were carefully arranged. In front of the computer, the voice of customer service staff tapping the keyboard came and went, and several dialogue windows flashed on the screen of each computer. In the live broadcast room on one side, the anchor is trying to recommend different styles of carpets to customers in front of the screen …

"Nowadays, there are more and more e-commerce platforms we cooperate with, and there are more promotional activities. Everyone’s consumption enthusiasm is very high. As an e-commerce merchant, what we have to do is to provide customers with intimate services as much as possible, and we must shoulder the responsibility before and after sales." Wang Wenjie said.

Meet the "Double Eleven" and have sufficient confidence and confidence.

On the morning of October 29th, in a software industrial park near Yingbin Avenue in Shuyang County, several logistics vehicles were parked in front of Jiangsu Zhimei Cosmetics Co., Ltd., and the staff were busy transporting the goods into the logistics vehicles through the conveyor belt, and these goods were about to be transported to thousands of households from here.

"Founded in February 2010, the company is a new e-commerce enterprise integrating cosmetics R&D, production, testing and sales. It has successfully hatched a number of cosmetics brands. We have a strict and perfect R&D management system, and the R&D team brings together all kinds of talents, with a total of 15 members. At the same time, it has internationally advanced R&D equipment and testing instruments to provide customers with many high-quality products with distinctive features." Wang Biao, general manager of the company, proudly introduced.

In order to welcome the "Double Eleven", in September this year, Jiangsu Zhimei Cosmetics Co., Ltd. began to plan ahead. "First of all, in terms of stocking, our operation department determines the required quantity of this year’s’ Double Eleven’ best-selling products in advance and submits it to the purchasing department, and then the purchasing department connects with the factory in advance to ensure sufficient supply of goods; Secondly, actively create a’ Double Eleven’ atmosphere within the company, hang banners and put up posters in the company, provide snacks and drinks for employees, and provide logistics support for employees. " Wang Biao said, at the same time, they also tested the network lines in advance to ensure the smooth operation of the network.

"We have more than 300 employees, and everyone is busy with the’ Double Eleven’. From November 1 to 11 last year, the number of parcels we delivered was about 550,000, and there were about 200,000 parcels on the 11 th." Wang Biao said that they have confidence and confidence to meet the "Double Eleven".

Focus on superior categories and publicize special agricultural products

"Let’s have a look, this product in my hand is the characteristic of Suqian …" On October 30th, in Suqian Jiangbei Food Co., Ltd. located in Buzi Town, Sucheng District, two anchors were facing the camera of the mobile phone, promoting Suqian’s special agricultural products with flying spirits.

According to reports, Suqian Jiangbei Food Co., Ltd. mainly sells agricultural products with local characteristics through e-commerce platforms and webcasts, and at the same time selects online celebrity products such as Xinjiang jujube, walnut and macadamia fruit to promote them vigorously. Up to now, the company has opened 20 stores in JD.COM, Tmall, Taobao and other well-known online platforms, and has storage centers in Shanghai, Wuhan and Tianjin.

"We have participated in the’ Double Eleven’ activities for nearly 10 years, and this time of year is the busiest. At present, we seize the time to expand our warehouse, prepare enough goods, and launch various preferential profit-making activities to do a good job in various services. Now, the staff of the warehousing department are picking and delivering various orders. " Chen Yunkai, manager of the company’s operation department, introduced.

Goods are particularly important in the preparation before the "Double Eleven". "In the early stage, we have been paying attention to the daily data feedback of the e-commerce platform and selecting products that may become explosions. We find that consumers become more rational when making consumption choices, and they are more inclined to choose products with brand awareness. " Chen Yunkai said, therefore, from this year’s publicity strategy, they mainly focus on the company’s superior categories and carry out network promotion.

"The annual’ Double Eleven’ is a test for us. We also have great expectations for this’ Double Eleven’. " Chen Yunkai said that it is estimated that the company’s overall sales will be around 15 million yuan during the "Double Eleven" period this year.

Suqian builds a "famous e-commerce city" at a high level.

From January to September, Suqian completed e-commerce transactions and online retail sales of 188 billion yuan and 50 billion yuan respectively, up 13.9% and 11.1% respectively. From January to September, the express delivery service enterprises in Suqian completed 542.976 million pieces of business, up 25.6% year-on-year, ranking fifth in the province in terms of total volume and growth rate, with an average of 23 pieces of express delivery from Suqian to all parts of the world every second.

During the "Double Eleven" period, all e-commerce enterprises in Suqian are fully prepared and full of tricks, and various promotional activities will be launched simultaneously. The Municipal Bureau of Commerce will also continue to provide service guarantees to help e-commerce enterprises achieve "brand value+operating income" double growth. Actively organize local specialty products to carry out "Double Eleven" promotion, maintain dynamic communication with e-commerce business entities, and do a good job in various service guarantees; Guide business entities to carry out online and offline integration promotion activities. Highlight e-commerce to help agriculture, focus on local agricultural products and food, and further play the important role of e-commerce in helping rural revitalization. Highlighting live broadcast to help sales, and promoting live broadcast through e-commerce platforms have become an important way to drive product sales. Highlight the network boost, do a good job in promoting the image of Suqian local enterprises and products with the influence of "Double Eleven", and enhance the visibility and reputation of products; Strengthen communication and urge e-commerce business entities to operate in good faith.

Recently, Suqian issued "Several Measures on Building a Famous E-commerce City at a High Level" (hereinafter referred to as "Measures"), aiming at seizing the new opportunities of digital economy strategy, taking the high-quality development of the city’s e-commerce industry as the main line, highlighting the development focus of "industrial prosperity, multi-production, symbiosis and mutual promotion of production and city", speeding up the construction of e-commerce industry ecosystem, increasing the total volume, expanding the increment, optimizing the stock and improving the quality. The Measures shall come into force on January 1, 2024 and shall be valid until December 31, 2026. In these three years, Suqian will strive to achieve significant enhancement of e-commerce application innovation, continuous optimization of service support, comprehensive improvement of scale and quality, standardized and orderly development of the industry, and comprehensive enhancement of empowerment. The main energy level, professional services, innovative elements and business environment of the e-commerce industry rank high in the province and have national influence, and basically build a new highland for high-quality development of the national e-commerce industry with high concentration of subjects, efficient innovation of elements and perfect industrial ecology.

() 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.

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

　　In order to thoroughly implement the general requirements of the CPC Central Committee on "epidemic prevention, stable economy and safe development" and the relevant policies and measures for stabilizing the economy in the State Council, actively implement the Implementation Plan for Coordinating Epidemic Prevention and Control and Stabilizing Economic Growth in Beijing (No.23 [2022] of Beijing Municipality), effectively coordinate epidemic prevention and control and economic and social development, and strive to promote economic and social stability and progress in our region, these implementation guidelines are specially formulated.

　　First, continue to increase efforts to help enterprises tide over difficulties and optimize the business environment, and make every effort to stabilize the economic fundamentals.

　　(A) the tax refund "direct enjoyment"

　　1. Strictly implement the national VAT credit and tax refund policy, take the initiative to serve, accurately push information "one-on-one", and handle the whole process online to ensure that the eligible enterprise stock credit tax should be refunded before June 30, 2022.

　　Responsible unit: Goods and Services Tax Section of District Taxation Bureau

　　Telephone consultation and service time: 12366 (9: 30-17: 30 on weekdays)

　　(B) social insurance premiums and housing provident fund "should be slowed down."

　　2. In accordance with the national social insurance premium holdover policy and the requirements for expanding the scope, enterprises in poor industries, small and medium-sized enterprises with difficulties in scientific and technological innovation, other small and medium-sized enterprises with difficulties in production and operation affected by the epidemic, individual industrial and commercial households participating in the basic old-age insurance for enterprise employees, institutions and social organizations will be holdover, and the application conditions of enterprises with difficulties will be clarified, the scope of enjoyment will be expanded, and the handling procedures will be simplified by means of voluntary application and written commitment. The holdover period of pension, unemployment and work-related injury insurance premiums will be until the end of 2022.

　　Responsible unit: Registration and Collection Section of Social Security Center of District Human Resources and Social Security Bureau.

　　Tel: 89688024 and 89687191 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Social Insurance and Non-tax Revenue Department of District Taxation Bureau.

　　Telephone consultation and service time: 12366 (9: 30-17: 30 on weekdays)

　　3. Enterprises and other employers affected by the epidemic can apply for holdover of housing provident fund according to regulations, and the holdover period is from April to December, 2022. During the holdover period, the paid workers will normally withdraw and apply for housing provident fund loans, which will not be affected by holdover. Workers who rent commercial housing without their own houses in this city can withdraw the housing provident fund according to the actual rent paid, which is not limited by the monthly deposit amount of the depositor. If the personal housing provident fund loan cannot be repaid normally due to the epidemic situation, it will not be overdue, and the credit record will not be affected, and the penalty interest will be exempted.

　　Responsible unit: Huairou Management Department of Beijing Housing Provident Fund Management Center, Huairou Management Department Office Hall of Beijing Housing Provident Fund Management Center

　　Telephone consultation and service time: 60685360 (9: 00-12: 00 and 13: 30-17: 00 on weekdays).

　　(C) State-owned rent relief "enjoy upon application"

　　4. In 2022, small and micro enterprises and individual industrial and commercial households registered in Beijing or paying taxes in Beijing, which are state-owned houses in the leased area, will be exempted from rent for three months, among which, for renting state-owned houses in areas listed as high-risk areas in the epidemic, rent for six months will be exempted. Chain supermarkets, convenience stores and catering enterprises that meet the requirements shall be implemented by stores. State-owned, state-controlled and state-controlled enterprises should take the lead in putting them in place, and district-owned urban collective enterprises can refer to the implementation. If the science and technology incubators renting non-state-owned houses reduce or exempt the rent for small and medium-sized enterprises and individual industrial and commercial households, they will be subsidized according to 50% of the total rent reduction and exemption, of which 20% will be borne by the municipal level and 30% by the district level. For the above-mentioned departments responsible for subletting, it is necessary to ensure that the rent-free measures benefit the final tenant operator.

　　Responsible unit: Performance Evaluation Center of District SASAC.

　　Telephone number and service time: 69680955 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: High-tech Industry Development Center of District Science and Technology Commission

　　Telephone number and service time: 69643655 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: Economic and Construction Department of District Finance Bureau

　　Telephone number and service time: 69643359 (8: 30-11: 30 and 13: 00-17: 30 on weekdays).

　　(D) Water and electricity "arrears for non-stop"

　　5. For small and micro enterprises and individual industrial and commercial households that fail to pay in time due to the epidemic, the overdue payment period will be until the end of 2022, and the late payment fee will be exempted during the deferred payment period. Reduce the average broadband and private line tariffs of small and medium-sized enterprises by another 10%.

　　Responsible units: gas company and power supply company of District Urban Management Committee.

　　Telephone consultation and service hours: 60665009 and 69653415 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Comprehensive Affairs Center of District Water Affairs Bureau

　　Telephone consultation and service time: 89682356(24 hours)

　　Responsible unit: Enterprise Service Center of District Economic and Information Bureau

　　Telephone number and service time: 61663624 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　(E) Run a "financing through train"

　　6. In 2022, the growth rate of Pratt & Whitney small and micro loans was more than 10 percentage points higher than that of various loans. Combine online and offline to improve the convenience and coverage of the first loan subsidy. We will implement the policy of shortening the acceptance period of commercial bills from one year to six months and increase rediscount.

　　Responsible unit: Enterprise Service Center of District Economic and Information Bureau

　　Telephone number and service time: 61663624 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible unit: District Finance Office

　　Telephone number and service time: 61673037 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　7. Encourage financial institutions to postpone the repayment of principal and interest for small and medium-sized enterprises, individual industrial and commercial households, truck drivers’ loans and personal housing and consumer loans affected by the epidemic, simplify the application procedures, support online processing, not downgrade the loan risk classification due to the epidemic factors, not affect the credit record, and waive the penalty interest.

　　Responsible unit: District Finance Office

　　Telephone number and service time: 61673037 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　8. Increase the support of financing guarantee for small and medium-sized enterprises. If the newly applied bank loans for small and medium-sized enterprises in the service industry that are greatly affected by the epidemic are guaranteed by government financing guarantee institutions in 2022, the guarantee fee will be charged at the rate of 0.5%, and the guarantee fee for policy-based entrepreneurial guarantee projects will be exempted, and the government financing guarantee institutions will provide compensation of no more than 20% of the total compensation actually incurred.

　　Responsible unit: Enterprise Service Center of District Economic and Information Bureau

　　Telephone number and service time: 61663624 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible unit: District Finance Office

　　Telephone number and service time: 61673037 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　9. Encourage insurance institutions to set up enterprise epidemic insurance, and pay a certain amount of compensation for enterprises that are insured and stop production or business due to sudden epidemic. Vigorously promote inclusive commercial health insurance to provide supplementary protection for basic medical insurance. Accelerate the landing of new business insurance pilot products such as platform economy and sharing economy.

　　Responsible unit: District Finance Office

　　Telephone number and service time: 61673037 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Business Department of District Medical Insurance Bureau

　　Telephone number and service time: 89687003 (8: 30-11: 30 and 13: 00-17: 00 on weekdays).

　　Responsible unit: Information Industry Section of District Economic and Information Bureau

　　Telephone number and service time: 69624116 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Labor Ability Appraisal Center of District Human Resources and Social Security Bureau

　　Telephone number and service time: 89687183 (8: 30-11: 30 and 13: 00-17: 00 on weekdays).

　　(6) Optimize the business environment "grounding gas"

　　10. Introduce some measures to help enterprises out of difficulties and optimize the business environment, expand the application of online examination and approval services, electronic seals and electronic licenses, improve the service level of "one network to run", and realize the policy of "taking the initiative", "speeding up" and "facilitating". If the production license of industrial products expires during the epidemic period, the validity period will be automatically extended after the online commitment of the enterprise. If the food production license (non-special food) expires, the validity period will be extended by 6 months. If the food production license (special food) and food business license cannot be renewed in time in the closed control area, the validity period will be extended to 30 days after the closure control is lifted. Acts of dishonesty caused by the epidemic, such as administrative punishment and deferred repayment of loans, are not included in credit records and credit records, and convenient services for enterprises that have been subjected to administrative punishment and publicized are opened. Make good use of the 12345 enterprise service hotline to provide enterprises with policy consultation, acceptance and handling, supervision and feedback, and return visit to evaluate the whole chain service, so as to realize "enterprises have a call and the government should respond".

　　Responsible unit: Information Management Section of District Government Affairs Service Bureau and Government Affairs Service Center.

　　Telephone consultation and service time: 60687447 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible units: registration department, registration service center, food production department, food circulation department, catering department, special food department and credit department of District Market Supervision Bureau.

　　Telephone consultation and service time: 69644365 (8: 30-12: 00 and 13: 00-17: 00 on weekdays).

　　Responsible unit: Information Industry Section of District Economic and Information Bureau

　　Telephone number and service time: 69624116 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　11. Consolidate the three-level "service package" work system of city, district and street (township), improve the visiting service system, actively play the role of service housekeeper and territorial housekeeper, improve the dynamic solution mechanism of enterprise demands, and continuously improve the overall development ability of governments at all levels to serve enterprises. Stabilize the development of headquarters enterprises and guide enterprises to lay out a number of major projects in line with the strategic positioning of the capital city. Support the development of innovative enterprises, increase support in R&D innovation, scenario application, financing and listing, and accelerate the cultivation of a number of unicorn, "specialized and innovative" and "invisible champion" enterprises.

　　Responsible unit: Business Center of District Development and Reform Commission

　　Telephone number and service time: 69621985 (8: 30-11: 30 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Enterprise Service Center of District Economic and Information Bureau

　　Telephone number and service time: 61663624 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible unit: International Trade Development Section of District Bureau of Commerce

　　Telephone number and service time: 69642877 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: High-tech Industry Development Center of District Science and Technology Commission

　　Telephone number and service time: 69643655 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: Industry Section of District Cultural Tourism Bureau

　　Telephone number and service time: 69688657 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Investment Promotion Department of District Cultural Promotion Center

　　Telephone number and service time: 69680072 (8: 30-11: 30 and 13: 00-17: 00 on weekdays).

　　Responsible unit: District Finance Office

　　Telephone number and service time: 61673037 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　12. Carry out the special action of clearing the debts of small and medium-sized enterprises. If there is no disagreement and the debts are found to be paid together, the repayment plan will be clarified before June 30, 2022, and it is strictly forbidden for government investment projects to be in arrears.

　　Responsible unit: Enterprise Service Center of District Economic and Information Bureau

　　Telephone number and service time: 61663624 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Performance Evaluation Center of District State-owned Assets Supervision and Administration Commission (the district belongs to the work of clearing debts of small and medium-sized enterprises)

　　Telephone number and service time: 69680955 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: Market Division I of District Market Supervision Bureau

　　Telephone number and service time: 69628333 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　13. Accelerate the progress of fiscal expenditure, reduce general expenditures such as meetings, training and travel, and fully recover all kinds of surplus carry-over funds in accordance with regulations, and make overall plans for areas in urgent need such as epidemic prevention and control, helping enterprises to bail out difficulties, etc.

　　Responsible unit: Budget Department of District Finance Bureau

　　Telephone number and service time: 69644758 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　14. Increase the inclination of public procurement, and expand the consortium bidding and reasonable subcontracting for government procurement projects, so as to lower the participation threshold of small and medium-sized enterprises. Increase the price deduction ratio of government procurement of goods and services for small and micro enterprises to 10%-20%. For goods and services procurement projects with more than 2 million yuan and engineering procurement projects with more than 4 million yuan, more than 40% of the total budget is reserved for small and medium-sized enterprises, and the proportion reserved for small and micro enterprises is not less than 70%. Trade union funds and other public funds shall be implemented with reference.

　　Responsible unit: Procurement Office of District Finance Bureau

　　Telephone number and service time: 69648717 (8: 30-11: 30 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Enterprise Service Center of District Economic and Information Bureau

　　Telephone number and service time: 61663624 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Huairou District Construction Project Bidding Service Center of District Housing Construction Committee

　　Telephone number and service time: 69642455 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: Economic Audit Office of District Federation of Trade Unions

　　Telephone number and service time: 69625698 (8: 30-11: 30 and 13: 30-17: 00 on weekdays).

　　15. Fully promote electronic bidding. If it is difficult to determine the bid evaluation experts by random sampling during the epidemic period, the tenderee may determine the experts for bid evaluation according to law. We will fully implement letter of guarantee (insurance) instead of cash to pay deposit, and encourage tenderers (purchasers) to exempt small and medium-sized enterprises with good credit from bid guarantee.

　　Responsible unit: District Public Resource Trading Center of District Government Affairs Service Bureau.

　　Telephone number and service time: 69681072 (8: 30-11: 30 and 13: 00-17: 00 on weekdays).

　　Second, focus on getting through key blocking points to promote the safety and stability of the industrial chain supply chain.

　　(1) Effectively coordinating epidemic prevention and control, production and operation.

　　16. Actively, steadily and orderly promote the resumption of work and production, adhere to the general policy of "dynamic clearing", and implement social prevention and control measures in different regions and levels. Update and dynamically adjust the epidemic prevention and control guidelines according to the scene classification, and timely solve the practical difficulties caused by the epidemic prevention and control of enterprises that have resumed work, supporting enterprises to resume work, logistics and transportation, and returning to Beijing. Guide more enterprises to formulate closed-loop production plans, optimize production processes with minimum production units, minimum personnel grouping, and staggered shifts, so as to improve the ability of enterprises to resist the impact of the epidemic. The living quarters and construction areas of major projects will be managed separately, and new employees in Beijing will live in independent areas to ensure that the construction progress will not be delayed and the quality will not be discounted.

　　Responsible unit: Enterprise Service Center of District Economic and Information Bureau

　　Telephone number and service time: 61663624 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Industry Development Management Section of District Bureau of Commerce

　　Telephone number and service time: 69645168 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: High-tech Industry Development Center of District Science and Technology Commission

　　Telephone number and service time: 69643655 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: Industry Management Section and Law Enforcement Team of District Cultural Tourism Bureau.

　　Telephone consultation and service hours: 69622508 and 69627696 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Investment Promotion Department and Activity Department of District Cultural Promotion Center.

　　Telephone consultation and service hours: 69680072 and 69680061 (8: 30-11: 30 and 13: 00-17: 00 on weekdays).

　　Responsible unit: District Finance Office

　　Telephone number and service time: 61673037 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　17. Improve the "white list" system for key enterprises with hierarchical classification and dynamic management, strive for more key enterprises in this city and upstream and downstream enterprises to be included in the "white list" protection scope of the national industrial chain supply chain, and establish a "white list pool" for enterprises with mutual recognition, interoperability, mutual supply and mutual insurance in Beijing, Tianjin and Hebei. Establish a "white list" of two important functional enterprises, epidemic prevention materials production enterprises, urban operation guarantee enterprises, industrial chain leaders and supply chain front-end enterprises in urban areas.

　　Responsible unit: Enterprise Service Center of District Economic and Information Bureau

　　Telephone number and service time: 61663624 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Business Service Management Center of District Bureau of Commerce

　　Telephone number and service time: 69645168 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: High-tech Industry Development Center of District Science and Technology Commission

　　Telephone number and service time: 69643655 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: Investment Promotion Department of District Cultural Promotion Center

　　Telephone number and service time: 69680072 (8: 30-11: 30 and 13: 00-17: 00 on weekdays).

　　Responsible unit: District Finance Office

　　Telephone number and service time: 61673037 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　(2) Make every effort to ensure smooth communication.

　　18. Strictly implement the "white list" system for drivers and passengers of freight vehicles and the closed-loop management mode of "taking, leaving and chasing", and accurately assign codes to the green belt * number of communication itinerary cards. Increase the issuance of national unified standard passes, and all enterprises that guarantee the transportation of people’s livelihood materials and productive materials should be issued. For short-board projects of public and basic logistics infrastructure and cold chain logistics facilities construction projects, we will increase the municipal government’s fixed assets investment and local government’s special bond support. Make preparations for the opening of emergency materials transfer stations in the city and Hebei Province at any time, and the construction and operation funds shall be borne by government funds. Study and establish a tripartite sharing mechanism for the transportation cost difference of key goods such as mining and construction materials "revolving iron" among the government, railway departments and enterprises.

　　Responsible unit: Baoshan Law Enforcement Team of District Transportation Bureau

　　Telephone number and service time: 69631481 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Economic and Construction Department of Finance Bureau

　　Telephone number and service time: 69643191 (8: 30-11: 30 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Business Development Management Section of District Bureau of Commerce

　　Telephone number and service time: 69646108 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: Huairou District Construction Safety Supervision Station of District Housing Construction Committee

　　Telephone number and service time: 69642455 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: Industrial Development Section of District Economic and Information Bureau

　　Telephone number and service time: 69644007 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　(3) Accelerate the layout of industrial chains in key areas of Beijing-Tianjin-Hebei cooperation.

　　19. Carry out the action of strengthening the chain of high-tech industries, and provide a package of support for leading enterprises to improve the supply and protection capacity of the industrial chain in Beijing, Tianjin and Hebei around key areas. Make full use of industrial guidance funds and other means to promote a number of emerging industrial projects such as new energy vehicles, biomedicine, next-generation information technology and industrial internet to land in the modern capital metropolitan area. Promote the construction of the Beijing-Tianjin-Hebei National Technology Innovation Center, and promote in-depth cooperation among the three places in industrial common technology research and development and application of results.

　　Responsible unit: Industrial Development Section of District Economic and Information Bureau

　　Telephone number and service time: 69644007 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Innovation and Development Section of District Science and Technology Commission

　　Telephone number and service time: 69624893 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Third, give full play to the leading role of advantageous enterprises and continuously improve the development level of high-tech industries.

　　(A) to promote the healthy and sustainable development of platform enterprises.

　　20. Support platform enterprises to participate in the construction of smart cities and land a number of smart transportation, smart business districts, smart blocks and smart home application scenarios. Guide the scientific and technological transformation of key platform enterprises, support enterprises to cooperate with national laboratories, state key laboratories, new research and development institutions and universities, accelerate technological research and development breakthroughs in artificial intelligence, cloud computing, blockchain, operating systems and processors, and support platform enterprises to participate in the construction of new computing systems. Guide enterprises to take advantage of the platform to actively participate in the new digital economy modes promoted by enterprises on all platforms, such as digital retail, social e-commerce, online fitness, online diagnosis and treatment, cloud tourism, cloud exhibition and cloud performance, expand the consumption scene of "internet plus" and accelerate the integrated development of home life and home office. Support the listing of local enterprises in Hong Kong, and promote the overseas listing of qualified platform enterprises according to laws and regulations.

　　Responsible unit: Information Industry Section of District Economic and Information Bureau

　　Telephone number and service time: 69624116 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Industrial Promotion Section of District Science and Technology Commission

　　Telephone number and service time: 69649567 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: Business Development Management Section of District Bureau of Commerce

　　Telephone number and service time: 69646108 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: Medical and Political Department of District Health and Health Commission

　　Telephone number and service time: 89681547 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Performing Arts Service Center of District Cultural Tourism Bureau

　　Telephone number and service time: 69698779 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: District Finance Office

　　Telephone number and service time: 61673037 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　(B) Support the development of innovative enterprises

　　21. Increase financing support for innovative enterprises, unblock S funds to expand secondary market transactions such as mergers and acquisitions by relying on Beijing Equity Exchange and Beijing Equity Exchange Center, support financial institutions to strengthen cooperation with external investment institutions according to laws and regulations, actively explore diversified financial service models, and guide private equity funds and venture capital institutions to increase financing support for science and technology enterprises. Optimize the application process and use conditions of the special product "Jingchuangtong" for bill rediscount of science and technology enterprises.

　　Responsible unit: District Finance Office

　　Telephone number and service time: 61673037 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Economic Office of District Economic and Information Bureau

　　Telephone number and service time: 69689696 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible unit: High-tech Industry Development Center of District Science and Technology Commission

　　Telephone number and service time: 69643655 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: Property Rights Section of District SASAC.

　　Telephone number and service time: 69691823 (8: 30-11: 30 and 13: 00-17: 30 on weekdays).

　　22. Implement application policies such as "the first set", "the first batch" and "the first stream", and increase support for enterprise technology research and development investment, achievement transformation and concept verification.

　　Responsible unit: instrument special class of District Economic and Information Bureau ("the first batch" and "the first film")

　　Telephone number and service time: 69623774 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Industry Department of District Development and Reform Commission ("the first set")

　　Telephone number and service time: 69646513 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　23. Support the landing of a number of intelligent and green digital technological transformation projects, give grading support of no more than 30% of the total investment to qualified "Xinzhizhao100" projects and green and low-carbon projects, and give rewards of no more than 20% of the contract value to "specialized and innovative" digital empowerment projects for small and medium-sized enterprises.

　　Responsible unit: Enterprise Service Center and Industrial Development Section of District Economic and Information Bureau.

　　Telephone consultation and service hours: 61663624 and 69644007 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Economic and Construction Department of District Finance Bureau

　　Telephone number and service time: 69643191 (8: 30-11: 30 and 13: 00-17: 30 on weekdays).

　　24. For enterprises in regions and industries that are seriously affected by the epidemic to apply for listing on the Beijing Stock Exchange and the national share transfer system, the docking of special personnel will be implemented, that is, the report will be tried immediately and the trial will be issued immediately. Support the Beijing Stock Exchange to waive the annual listing fee for listed companies in 2022, strengthen the submission of electronic materials in the review process, and appropriately accommodate enterprises whose performance has fallen sharply due to the epidemic.

　　Responsible unit: District Finance Office

　　Telephone number and service time: 61673037 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　(C) "two areas" to promote the development of foreign trade

　　25. Further promote the opening of the whole industrial chain and the reform of all links in key areas of the "two zones", strengthen the protection of land, water and energy for foreign-funded projects, and support foreign-funded R&D centers registered in specific areas of Zhongguancun National Independent Innovation Demonstration Zone to enjoy tax concessions on technology transfer income in accordance with relevant regulations. Support high-tech enterprises such as "specialization and novelty", enterprises recognized by the state as high-tech enterprises and foreign trade enterprises registered in the free trade zone to explore the international market, study and promote the opening and operation of China-Europe trains, and realize "one thing" integrated services for customs clearance matters such as document declaration and cargo inspection. Do a good job in helping foreign trade enterprises out, make good use of the short-term export credit insurance tools of China Export Credit Insurance Corporation, increase the inclination to small and medium-sized micro-foreign trade enterprises, reduce the comprehensive guarantee rate of foreign trade guarantee service platform enterprises to below 1.5%, and discount 50% for enterprises to use trade financing under the pledge of export credit insurance policies and financing through foreign trade guarantee service platform within the limit. Establish a comprehensive service management platform for foreigners, and integrate the work permit and work and residence permit business for foreigners in China.

　　Responsible unit: International Trade Development Section of District Bureau of Commerce

　　Telephone number and service time: 69642877 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: High-tech Industry Development Center of District Science and Technology Commission

　　Telephone number and service time: 69643655 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: Talent Section of Organization Department of District Party Committee (work permit for foreigners in China)

　　Telephone consultation and service time: 69687722 (8: 30-12: 00 and 13: 00-17: 00 on weekdays).

　　Responsible unit: Exit-Entry Management Squadron of Huairou Public Security Bureau (work and residence permit for foreigners)

　　Telephone consultation and service time: 12367(7*24 hours)

　　Fourth, promote the construction of major projects and increase effective investment.

　　(1) Focus on expanding investment in key areas.

　　26. Strengthen the computing infrastructure, and actively and steadily carry out the promotion and data application of pico-base stations in seven small stores according to the unified deployment of the whole region.

　　Responsible unit: Digital Economy Development Center of District Economic and Information Bureau

　　Telephone number and service time: 60686087 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　27 to stimulate the vitality of urban renewal investment, and reasonably guide the functional mixing of blocks, the compatibility of land use functions and the transformation of building functions. The implementation of municipal departments issued the stock of state-owned construction land use, functional mixing and other planning land incentive policies. The policy of rebuilding dilapidated buildings was introduced, and the scale of the complete renovation project of dilapidated buildings must meet the requirements of building scale control and be put on record. Besides improving living conditions, the scale increase can be used to build shared property houses or affordable rental houses. The city strives to start 300 projects and complete 100 old residential renovation projects in 2022, and introduce social capital to participate in 40 old residential renovation pilot projects.

　　Responsible units: Planning and Implementation Section, Planning and Urban Design Section, and Comprehensive Examination and Approval Section of the Planning and Implementation Branch.

　　Telephone consultation and service hours: 69685700, 69687628 and 69685993 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible units: Real Estate Development Management Center of District Housing Construction Committee and Housing Safety and Equipment Management Service Center.

　　Telephone number and service time: 69642455 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　28. Formulate the implementation plan to promote the construction of modern infrastructure system, and sort out the list of major projects to be started during the year in the fields of rail transit, energy, water supply and logistics facilities. Plan a number of new major projects around the areas of smooth traffic connection in key functional areas, filling the shortcomings of urban internal infrastructure, and upgrading and upgrading old pipe networks.

　　Responsible unit: District Major Office

　　Telephone number and service time: 69642455 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: Municipal Section of District Urban Management Committee and Energy Operation Service Guarantee Management Center.

　　Telephone consultation and service hours: 69624793 and 69684445 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Comprehensive Affairs Center of District Water Affairs Bureau

　　Telephone consultation and service time: 89682356(24 hours)

　　(B) continue to stimulate private investment

　　29. During the year, private capital participation projects in key areas were publicly promoted to the public in two batches, and the first batch of projects were promoted with a total investment of more than 100 billion yuan by the end of June 2022. Support the state-owned capital operation platform to reasonably expand the financing scale, focusing on strategic industries and major projects in this city.

　　Responsible unit: Investment Section of District Development and Reform Commission

　　Telephone number and service time: 69648863 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: Property Rights Section of District SASAC.

　　Telephone number and service time: 69691823 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　(3) Improve the landing efficiency of investment projects

　　30. Strengthen the examination and approval service and factor guarantee of investment projects, simplify and speed up the examination and approval procedures for major investment projects by means of informing commitments and accepting vacancies. Optimize the examination and approval procedures of government investment projects, which involve the balance of cultivated land occupation and compensation and the occupation of forest land and green space, and be guaranteed through land reclamation and municipal overall planning. In the first half of the year, the second batch of commercial residential land will be supplied centrally, and in the second half of the year, two batches of land supply will be completed, and the construction of affordable housing projects will be accelerated. Formulate a work plan to further coordinate the planning and reserve of special bonds and other projects. In 2022, the special bonds will be issued before the end of June and basically used before the end of August, and the physical workload will be formed as soon as possible. Promote the issuance and listing of more qualified real estate investment trust funds (REITs) projects in the infrastructure sector. Strengthen the docking with policy development banks, support the use of insurance funds in Beijing, and strive for more medium and long-term loans and long-term funds to support the construction of major projects in this city.

　　Responsible unit: Investment Section of District Development and Reform Commission

　　Telephone number and service time: 69691902 (8: 30-12: 00 and 13: 00-17: 00 on weekdays).

　　Responsible units: Comprehensive Examination and Approval Section, Natural Resources Protection Section, Natural Resources Owners’ Rights and Interests Section, and Reserve Center of Guizi Sub-bureau.

　　Telephone consultation and service hours: 69685993, 69686240, 69681518 and 69681982 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: Office of District Landscaping Bureau

　　Telephone number and service time: 69643384 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Management Section of District Ecological Environment Bureau

　　Telephone number and service time: 89682085 (8: 30-11: 30 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Comprehensive Affairs Center of District Water Affairs Bureau

　　Telephone consultation and service time: 89682356(24 hours)

　　Responsible unit: Real Estate Development Management Center of District Housing Construction Committee

　　Telephone number and service time: 69642455 (8: 30-11: 30 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Economic Construction Department and Debt Department of District Finance Bureau.

　　Telephone consultation and service hours: 69643191 and 69645933 (8: 30-11: 30 and 13: 00-17: 30 on weekdays).

　　31. Strengthen the planning and reserve of major projects, complete the collection and reserve of two batches of major investment projects in combination with the "14th Five-Year Plan" year, do the preparatory work and ensure the real factors, and promote the construction of a number of major projects in the approval stage of construction application in advance, forming a rolling succession mechanism of "implementing one batch, reserving one batch and planning one batch".

　　Responsible unit: Investment Section of District Development and Reform Commission

　　Telephone number and service time: 69648863 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Five, speed up the recovery of bulk consumption and new consumption, and make greater efforts to tap the consumption potential.

　　(1) Vigorously promote mass consumption such as automobiles.

　　32. For passenger cars with a displacement of 2.0 liters or less whose purchase date is from June 1 to December 31, 2022 and the bicycle price (excluding value-added tax) does not exceed 300,000 yuan, the vehicle purchase tax will be levied by half. We will introduce some measures to promote the circulation of used cars, and improve the policy of eliminating and updating old motor vehicles. Before the end of 2022, passenger cars that have been scrapped or transferred out of the city and registered in my name for more than one year will be purchased in the automobile sales enterprises in this city, and individual consumers who are licensed in this city will be given a subsidy of no more than 10,000 yuan/set, and the required funds will be borne by the urban two levels of finance respectively.

　　Responsible unit: Goods and Services Tax Section of District Taxation Bureau

　　Telephone consultation and service time: 12366 (9: 30-17: 30 on weekdays)

　　Responsible unit: Comprehensive Law Enforcement Team of District Ecological Environment Bureau

　　Telephone number and service time: 89683356 (8: 30-11: 30 and 13: 00-17: 30 on weekdays).

　　(B) actively cultivate new digital consumption

　　34. Formulate and implement a work plan to promote the energy level of digital consumption, and include the urgently needed occupations in the field of live broadcast e-commerce in the relevant human resources catalogue of this Municipality. Promote the speed-up and fee reduction of office and home networks. Encourage and guide enterprises to participate in the activities of green energy-saving coupons, increase a number of applicable electronic product models, and carry out R&D promotion and preferential promotion of products such as smart office, smart home and mobile smart terminal.

　　Responsible unit: Digital Economy Development Center of District Economic and Information Bureau

　　Telephone number and service time: 60686087 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Vocational Capacity Building Section of District Human Resources and Social Security Bureau

　　Telephone number and service time: 69649104 (8: 30-11: 30 and 13: 00-17: 00 on weekdays).

　　Responsible unit: Business Development Management Section of District Bureau of Commerce

　　Telephone number and service time: 69646108 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　(3) Promote the recovery of consumption of catering, culture, sports and entertainment.

　　35. Promote the recovery and development of catering enterprises, and encourage enterprises to participate in the activities of issuing food and beverage coupons by take-away platform enterprises. Implement municipal policies, and give the catering enterprises that are included in the development projects and support scope of the city’s life service industry a maximum financial support of 50% of the actual investment. In combination with the actual situation, subsidies will be given to the cold chain employees of catering enterprises above designated size and the cost of periodic nucleic acid testing in the environment.

　　Responsible unit: Business Development Management Section of District Bureau of Commerce, and Business Service Management Center.

　　Telephone consultation and service hours: 69646108 and 69645168 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　36. Hold the 10th Huimin Cultural Consumption Season and promote cultural consumption. Encourage tourism platform enterprises and travel agencies to develop summer youth outdoor sports, popular science, culture and other practical projects. Create a "Summer in the Suburbs of Beijing" rural tourism boutique route, support the development of boutique homestays, and land 1-2 eco-tourism projects during the year.

　　Responsible unit: Performing Arts Service Center of District Cultural Tourism Bureau

　　Telephone number and service time: 69698779 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: Education, Science and Arts Department of District Finance Bureau

　　Telephone number and service time: 69649005 (8: 30-11: 30 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Business Development Management Section of District Bureau of Commerce

　　Telephone number and service time: 69646108 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Sixth, take multiple measures to broaden employment channels and firmly grasp the bottom line of social and people’s livelihood.

　　(1) Strengthen the employment service guarantee for key groups.

　　37. This year and next year, district-owned enterprises will increase the number of college graduates to a certain extent, and stabilize the scale of recruiting college graduates in government agencies and institutions in our region. Excavate a number of jobs such as grassroots pension services and social work, and support universities, research institutes and enterprises to expand the scale of research assistant positions. Support people with college education or above to apply for community workers, rural revitalization assistants in ecological conservation areas and nursing posts in community health service centers.

　　Responsible unit: Professional Technical Management Section and Human Resource Planning Management Section of District Human Resources and Social Security Bureau.

　　Telephone consultation and service hours: 6962226 and 89681142 (8: 30-11: 30 and 13: 00-17: 00 on weekdays).

　　Responsible unit: Board of Directors of District SASAC and Enterprise Talent Center.

　　Telephone number and service time: 69696967 (8: 30-11: 30 and 13: 00-17: 30 on weekdays).

　　Responsible unit: High-tech Industry Development Center of District Science and Technology Commission

　　Telephone number and service time: 69643655 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: Personnel Section of District Education Commission

　　Telephone number and service time: 69623205 (8: 30-11: 30 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Personnel Section of District Health and Health Commission

　　Telephone number and service time: 89682064 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible units: Civil Affairs Bureau Pension Service Center and Social Work Team Service Center.

　　Telephone consultation and service hours: 69623288 and 69685385 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　38. Employers recruit college graduates from this city in the graduation year, and those who meet the requirements will be given social insurance subsidies. Recruiting college graduates in this city in the graduation year, signing labor contracts and participating in unemployment insurance will be given a one-time subsidy of 1,500 yuan per person, and the implementation period of the policy will be until the end of 2022.

　　Responsible unit: Labor Service Center of District Human Resources and Social Security Bureau

　　Telephone number and service time: 89683590 (8: 30-11: 30 and 13: 00-17: 00 on weekdays).

　　Responsible unit: Social Security Department of District Finance Bureau

　　Telephone number and service time: 69648750 (8: 30-11: 30 and 13: 00-17: 30 on weekdays).

　　39. During the year, the city added 50,000 employed rural laborers to participate in urban employee insurance. Deepen cross-regional docking and supporting service guarantee, further tap urban job resources, and give priority to absorbing rural labor employment. Strengthen the resettlement of rural public welfare posts, and promote the stable employment of rural labor in the local area. Actively promote seasonal fruits and vegetables in rural areas.

　　Responsible unit: Employment Promotion Section of District Human Resources and Social Security Bureau

　　Telephone number and service time: 89687107 (8: 30-11: 30 and 13: 00-17: 00 on weekdays).

　　Responsible unit: Office of District Landscaping Bureau

　　Telephone number and service time: 69643384 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Board of Directors of District SASAC and Enterprise Talent Center.

　　Telephone number and service time: 69696967 (8: 30-11: 30 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Business Development Management Section of District Bureau of Commerce

　　Telephone number and service time: 69646108 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　40. Expand the strength of community work, temporarily recruit employees in industries such as accommodation, catering, recreation, tourism, exhibitions, education and training, retail, etc., participate in community epidemic prevention and control work part-time, and give appropriate subsidies. Give play to the role of shared employment platform, timely meet the needs of enterprises for employment adjustment, support platform enterprises to provide flexible employment positions for enterprises affected by the epidemic, such as catering, cultural tourism, exhibitions, etc., and carry out pilot projects for occupational injury protection for employees in new employment forms.

　　Responsible unit: Social Work Team Service Center of District Civil Affairs Bureau

　　Telephone consultation and service hours: 69623288 and 69685385 (9: 00-11: 00 and 13: 30-17: 00 on weekdays).

　　Responsible unit: Market Monitoring Section of District Human Resources and Social Security Bureau and Labor Ability Appraisal Center.

　　Telephone number and service hours: 89686021 and 89687183 (8: 30-11: 30 and 13: 00-17: 00 on weekdays).

　　Responsible unit: Enterprise Service Center of District Economic and Information Bureau

　　Telephone number and service time: 61663624 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible units: Business Development Management Section of District Bureau of Commerce, Business Exhibition Promotion Center and Business Industry Service Management Center.

　　Telephone consultation and service hours: 69646108, 69645066 and 69645168 (9: 00-11: 00 and 13: 30-17: 00 on weekdays).

　　(B) to improve the level of safe operation of the city

　　41. Complete the three-year action plan to strengthen the construction of the public health emergency management system in the capital, and consolidate and improve the emergency work mechanism of "fighting by districts", "fighting by schools" and "fighting by enterprises". We will continue to strengthen the construction of public health emergency response capacity, and accelerate the construction of epidemic prevention and control infrastructure such as centralized isolation facilities, shelter hospitals, nucleic acid detection facilities, negative pressure wards, fever clinics, first-aid stations, and comprehensive information platforms. We will promote the construction of epidemic prevention and control, emergency places for major events, public health clinical centers, and renovation of public toilets in bungalows.

　　Responsible unit: Emergency Office of District Health and Health Commission

　　Telephone number and service time: 69623237 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Planning and Urban Design Section and Comprehensive Examination and Approval Section of the Planning and Planning Sub-bureau.

　　Telephone consultation and service hours: 69680164 and 69685993 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: Real Estate Development Management Center of District Housing Construction Committee

　　Telephone number and service time: 69642455 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: Comprehensive Management Division of District Urban Management Committee

　　Telephone number and service time: 69659947 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　42. Do a good job in ensuring the supply and price stability of rice flour oil, vegetables, meat, eggs and milk. We will implement a linkage mechanism linking social assistance and security standards with rising prices. When the starting conditions are met, temporary price subsidies will be paid in full and on time, and temporary assistance will be given to families and individuals with temporary sexual difficulties during the epidemic.

　　Responsible unit: Business Development Management Section of District Bureau of Commerce

　　Telephone number and service time: 69646108 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: Social Assistance and Pension Section of District Civil Affairs Bureau

　　Telephone number and service time: 69623271 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: Social Security Department of District Finance Bureau

　　Tel: 69648750 (8: 30-11: 30 and 13: 00-17: 30 on weekdays)

　　Responsible unit: Business Department of District Veterans Bureau

　　Telephone number and service time: 69624278 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: Unemployment Insurance Service Section of District Human Resources and Social Security Bureau

　　Telephone number and service time: 61667691 (8: 30-11: 30 and 13: 00-17: 00 on weekdays).

　　43. Ensure food and energy security, timely issue one-time subsidies to farmers who actually grow grain, start grain purchase according to market situation, and ensure that the sown areas of grain, soybeans and vegetables reach 67,900 mu, 14,000 mu and 14,000 mu respectively. Implement the task of storing energy resources such as refined oil by local governments. Accelerate the construction of energy projects in this city.

　　Responsible unit: Planting Management Section of District Agriculture and Rural Bureau

　　Telephone number and service time: 69653487 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible units: energy operation service guarantee management center (heat and gas) and power facility construction management service center (electricity) of District Urban Management Committee.

　　Telephone consultation and service hours: 69684445 and 69643969 (8: 30-12: 00 and 13: 00-17: 30 on weekdays).

　　Responsible unit: Grain and Material Reserve Section of District Bureau of Commerce

　　Telephone number and service time: 69648166 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　44. Deepen the special rectification actions for production safety, carry out the inspection of production safety in the whole region in a down-to-earth manner, strictly guard against safety accidents in traffic, construction and gas, and carry out special rectification for the safety of self-built houses to effectively protect people’s lives and property.

　　Responsible unit: Supervision Center of District Emergency Bureau

　　Telephone number and service time: 69686708 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: Transportation Management Office of District Transportation Bureau

　　Telephone number and service time: 69644496 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible unit: Huairou District Construction Safety Supervision Station of District Housing Construction Committee

　　Telephone number and service time: 69642455 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Responsible units: energy operation service guarantee management center (heat and gas) and power facility construction management service center (electricity) of District Urban Management Committee.

　　Telephone consultation and service hours: 69684445 and 69643969 (8: 30-11: 30 and 13: 30-17: 30 on weekdays).

　　Validity period of this scheme

　　This implementation plan shall come into force as of the date of promulgation and shall be valid until December 31, 2022 (if the state has relevant regulations or specific measures specify the implementation period, such regulations shall prevail).

[data]

In October, the total retail sales of social consumer goods was 4,045.4 billion yuan, a year-on-year increase of 4.9%.

In October, the total retail sales of social consumer goods was 4,045.4 billion yuan, a year-on-year increase of 4.9%; It increased by 9.4% compared with October 2019, with an average growth rate of 4.6% in two years. Among them, the retail sales of consumer goods other than automobiles reached 3,705.7 billion yuan, up 6.7%.

From January to October, the total retail sales of social consumer goods was 35,851.1 billion yuan, up 14.9% year-on-year, up 8.1% from January to October 2019. Among them, the retail sales of consumer goods other than automobiles reached 32,312.8 billion yuan, a year-on-year increase of 15.1%.

[epidemic prevention]

Beijing: Entertainment venues are open according to 75% flow restriction.

On November 17th, Beijing strictly controlled the management of entertainment places. To implement the requirements of "limited, reserved and peak-shifting", Beijing’s performance venues, entertainment venues, Internet service places and other entertainment venues will be opened according to 75% current restrictions. Do not accept people who have lived in the county (city, district, banner, the same below) where there is more than one case (including one case) infected with Covid-19 within 14 days, or who have lived in the county where the land border port is located within 14 days, and who have entered the country less than 21 days and have abnormal health code and unknown itinerary.

[Policy]

Shanghai will put on record the script killing in the Chamber of Secrets.

On November 17th, Shanghai Municipal Bureau of Culture and Tourism issued "Provisions on the Record Management of Script Killing in Shanghai Chamber of Secrets (Draft for Comment)", and Shanghai became the first city in China to include script killing in the record management. The opinion draft makes it clear that the script killing business unit in the Chamber of Secrets will become the "first responsible person" of the script content management, and must undertake the important task of ensuring the script content as the first pass.

[e-commerce]

JD.COM Double 12 Rule released: Continue to "Don’t Stay Up Late"

On November 17th, JD.COM Open Platform 12.12 theme activity investment rules were released. In 2021, JD.COM 12.12 is one of the A+ level marketing activities, and the overall promotion activity lasts for 7 days, inheriting the principle of "not staying up late", and will officially start at 20 o’clock on December 6th.

[new store]

Decathlon’s first national sports park flagship store will open in 2022.

Recently, it is reported that the first Decathlon project in China has been capped, the main structure has been completed, and the fa? ade is being installed. It is expected to be installed by the end of this year and will open in 2022.

The project is located in the west of Intercity Road in Suzhou High-tech Zone (600736, Guba) and south of IKEA, with a planned construction area of over 21,000 square meters. The project integrates consumption, leisure, fitness, sports and amusement, and will be built into Decathlon’s first flagship sports park in China. At the same time, Decathlon joined hands with Yinli Sports Group, the head brand of fitness industry, to build the largest fitness club in Suzhou, Suzhou.

WILLchá, a new tea species, opened its first store in Beijing Chaoyang Joy City (000031, Guba).

On November 12th, the first store of WILLchá officially opened in Beijing Chaoyang Joy City. The store has created a new format of "new tea experience space", which combines the business models of existing tea and retail.

Mango Super Media’s first store, MCITY Magic Capital station, was unveiled.

MCITY Magic station, a subsidiary of Mango Hypermedia, was officially launched in Mango Plaza, Xuhui District, Shanghai. This is the first immersive game experience hall derived from Mango TV’s "Star Detective" and "Escape from the Chamber of Secrets", with a building area of 5,000 square meters. It is also the first store in Shanghai that is completely legal and compliant in terms of fire protection, script guidance and copyright use.

Box Horse opens the first "Fresh Ole" in Shanghai.

On November 15th, Box Horse opened its first box horse fresh Ole store in Shanghai, with an area of about 480 square meters. The store is located on the first floor of Pudong Shopping Mall, No.333 Changli Road, Pudong New Area, and mainly sells discounted fresh food, which comes from the surplus goods ordered by Box Horse, rather than the off-shelf goods. At present, the second box horse fresh Ole store is planned to be located in Chengdu.

Homearch, a home furnishing brand owned by Alibaba, opened its first store nationwide.

-homearch, a home furnishing brand owned by Alibaba, opened its first store in the country in Zone B of Starlight 68 Plaza and officially opened its trial operation on November 19th. The store covers an area of 6,000 square meters, and the business area is divided into three floors, covering multiple home functional spaces and life inspiration scenes.

Official announcement! The fourth Sam member store in Suzhou landed in Wujiang.

Sam member store officially responded that a Sam member store will be opened in suzhou bay, Wujiang by the end of 2022. Up to now, there are three Sam member stores and three stores in Suzhou. Wujiang Sam will become the fourth Sam member store in Suzhou.

Nordic fashion brand Totême China Kaishou branch

Totême, a Nordic fashion brand, recently opened the first offline store in China in Taikooli, Qiantan, Shanghai, after the brand had settled in Tmall to open a flagship store.

Aerospace Wenchuang’s first space-themed restaurant in China opened on December 5.

China Aerospace Wenchuang "Aerospace Theme Self-help Parent-child Restaurant" will officially open on December 5th. Space Restaurant is located on the 2nd floor of Jin Yan City Plaza, Yanjiao Development Zone, Langfang, Hebei Province, with an area of over 2,000 square meters, which is divided into three areas: dining area, immersive role experience area and amusement area.

[closing shop]

A few words also closed the Beijing Wangfu Central Store. At present, more than 20 stores have been closed nationwide.

On November 10th, Yanji, located in the central part of Wangfu, Beijing, was closed again. So far, Yanji has only three stores in Beijing, which are located in Financial Street (000402, Guba), Chaoyang Official House and Wukesong. The eight stores in Beijing shown by official website have been closed for more than half. Compared with the 58 stores in official website, more than 20 stores have been closed.

Dicos Beijing store has been closed by half.

Dicos select store located in Panda Star Kitchen, Jing ‘an West Street, Chaoyang District, Beijing has been closed. Not only that, only 13 Dicos stores are open in Beijing. According to official website of Dicos, there were 36 Dicos restaurants in Beijing, and now there are 13 in Beijing, of which 2 are not yet open and 1 has been suspended.

[financing]

Tea brand future tea wave WILLCHA won Pre-A round of financing.

On November 16th, the new tea brand Beijing Qingnian Chaolu Tea Co., Ltd. (namely Future Tea Wave WILLCHA) won the Pre-A round of financing of Sanqi Mutual Entertainment (002555, Share Bar).

Future Tea Wave WILLCHA is a new tea brand focusing on "Healthy Fine Tea" and dedicated to inheriting and innovating China tea culture.

[enterprise]

Suning.cn: Bankruptcy rumors at the end of December are rumors.

On November 16th, Suning.cn (002024, Share Bar) official Weibo denied that "Suning.cn declared bankruptcy at the end of December" was a rumor, and the company was operating normally. In the first three quarters of this year, Suning.cn achieved operating income of 115.574 billion yuan, down 36.1% year-on-year. The net profit attributable to shareholders of listed companies was a loss of 7.568 billion yuan, down 1483.29% year-on-year. Deducting non-net profit was a loss of 9.215 billion yuan, down 813.38% year-on-year.

Louis Vuitton denied that he would open a duty-free shop in Sanya, Hainan.

Louis Vuitton recently denied Reuters’s report that it will open its first duty-free store in Haitang Bay, Sanya, Hainan, stressing that the brand will look for new market opportunities in Hainan, but it will not be related to duty-free franchise.

Chen Yihang resigned as CEO of Golden Eagle Trading Group.

On November 17th, Golden Eagle Trading Group Co., Ltd. announced that Chen Yihang had resigned as the CEO of the company, and Wang Heng, the executive director and chairman of the board of directors, had been appointed as the executive director, CEO and chairman of the board of directors, with effect from that day. Chen Yihang joined Golden Eagle Trading Group as CEO in April 2020.

Fangyuan Capital may acquire the business of Papa John and DQ in China.

It is reported that FountainVest Partners has agreed to acquire the controlling stake of China F&B Group from Swedish private equity giant EQT, which is the franchise store operator of Papa John’s and Dairy Queen in China, and manages about 140 Papa John’s pizza restaurants and 660 DQ in China. Negotiations to reach an agreement are under way, and it is uncertain whether it will be completed.

CR Vanguard’s new brand Su Guo MART plans to open 600 stores.

In December, Su Guo will open four Su Guo MART in Jianhu in Yancheng, Hongze in Huai ‘an, Xuzhou and Jingjiang, so as to rapidly promote the new brand exhibition plan. In the next five years, Su Guo will focus on the construction of base areas, speed up the layout of new outlets and open 600 new stores, focusing on hypermarkets and supermarkets. Su Guo MART is a brand-new brand created by CR Vanguard in 2019. In April this year, it opened its first Nanjing store in Yaohuamen Jindi Plaza.

Keep responds to IPO rumors: there is no timetable for IPO planning.

On November 18th, Keep responded to IPO rumors that there was no timetable for the IPO plan. Earlier, it was reported that Keep, a sports technology company, plans to submit listing application documents to the Hong Kong Stock Exchange in January 2022, and it is expected to complete the listing process as early as May.

L ‘Oré al double 11 live room price dispute, Li Jiaqi and Viya shouted to suspend cooperation.

On November 17th, Li Jiaqi and Viya successively announced that they would suspend all cooperation with the official flagship store of L ‘Oré al Paris because the price concessions of L ‘Oré al Paris ampoule mask in its live broadcast room were inconsistent with previous commitments. Subsequently, on November 18th, L ‘Oré al Paris official Weibo responded with an apology, and said that L ‘Oré al Paris would put forward a proper solution to the suggestions made by Li Jiaqi and Viya on this incident for all relevant consumers. People’s Daily commented that L ‘Oré al could not apologize.

On the 18th, L ‘Oré al gave a solution, and netizens commented differently.

Gome punishes employees for "fishing" and informs them to spread the network.

On November 16th, the Notice on Punishment for Violation of Employees’ Code of Conduct issued by Gome was circulated on the Internet. The document shows that during the period from August 30th to September 30th, Gome found that some employees played games, chatted and listened to songs during working hours. According to the company’s regulations, these 11 employees (including an outsourcing employee) were notified and punished accordingly, which attracted the attention of many people.

China Zhongmian: The Stock Exchange has reviewed the company’s H-share listing application and still needs to obtain approval.

China Zhongbao announced that the Hong Kong Stock Exchange held a listing hearing on November 16, 2021 to consider the company’s application for issuing overseas listed foreign shares (H shares) and listing them on the main board of the Hong Kong Stock Exchange.

The announcement clearly points out that the Listing Committee of the Hong Kong Stock Exchange has reviewed the company’s listing application, but it does not constitute a formal listing approval. The Hong Kong Stock Exchange still has the right to make further comments on the company’s listing application.

[Performance]

Wal-Mart (demand area: 8,000-10,000 square meters) earned $140.525 billion in the third quarter, up 4.3% year-on-year.

Wal-Mart announced its financial report for the third quarter of fiscal year 2022 as of October 31st. Revenue in the third quarter of this fiscal year was $140.525 billion, a year-on-year increase of 4.3%; The net profit of returning to the mother reached $3.105 billion, a year-on-year decrease of 39.5%. Revenue in the first three quarters was $419.883 billion, a year-on-year increase of 3.1%; The net profit of returning to the mother was $10.111 billion, a year-on-year decrease of 35.2%.

The sales of Wal-Mart’s Sam member stores increased by 13.9%, with a cumulative increase of 25% in two years. Membership income increased by 11.3%, which is the fifth consecutive quarter of double-digit growth.

The loss attributable to shareholders of Parkson Group in the first three quarters was 42.889 million yuan, a year-on-year decrease of 79.06.%

In the nine months ended September 30, 2021, Parkson Group achieved a total operating income of 3.528 billion yuan, up 13% year-on-year, and the loss attributable to shareholders was 42.889 million yuan, down 79.06% year-on-year. In the third quarter of 2021, same-store sales decreased by 11.3%. In the nine months ending September 30, 2021, same-store sales increased by 12.3%.

Macy’s sales in the third quarter were $5.44 billion, a year-on-year increase of 36.3%.

Macy’s sales in the third quarter of 2021 were $5.44 billion, a year-on-year increase of 36.3%. The net profit was $239 million, compared with a net loss of $91 million in the same period last year. Compared with 2020, self-owned sales increased by 37.2%, and self-owned and licensed sales increased by 35.6%; Online sales increased by 19% compared with the third quarter of 2020.

Target’s revenue in the third quarter rose 13% to $25.652 billion.

Target department store, the second largest retail department store in the United States, released its third-quarter performance data. Its total revenue rose by 13.3% year-on-year to $25.652 billion, and its net profit rose by 46.7% to $1.488 billion compared with $1.014 billion in the same period of last year. However, the operating profit rate of this department store dropped from 8.5% in the previous year to 7.8%, and the gross profit rate also dropped from 30.6% to 28%.

The third quarter net loss of Perfect Diary parent company Yixian E-commerce narrowed by 43.8%.

On November 18th, YSG, the parent company of Perfect Diary, released its financial report for the third quarter of 2021, showing that its total revenue reached 1.34 billion yuan, up 6.0% year-on-year. The gross profit margin increased by 2.2% to 67.9% year-on-year, and the net loss was 362 million yuan, which was 644 million yuan compared with the same period of last year, narrowing by 43.8% year-on-year.

The first performance of Victoria’s Secret’s independent listing: Q3 sales increased by 7% year on year.

After Victoria’s Secret’s independent listing, its performance in the third quarter still maintained its growth momentum, with quarterly sales increasing by 7% year-on-year to $1.441 billion, operating profit further increasing to $107.9 million from $97.5 million in the same period last year, with a year-on-year increase of 11% and net profit of $75.2 million.

Prada: Prada brand revenue increased by 52% year-on-year in the first nine months

On November 18th, Prada announced that the retail income in the first nine months of 2021 was far better than that in 2019. Retail sales rose further: in the third quarter of 2021, compared with the same period in 2019, it increased by 18% at a fixed exchange rate, and the net income of Prada brand was 1.918 billion euros, which increased by 52% at a fixed exchange rate compared with the same period in nine months in 2020.

Richemont Group’s operating profit in the first half of 2021 increased by 67% compared with the same period two years ago.

In the six months ended September 30th, Compagnie, a Swiss luxury goods company, recorded sales of 8.91 billion euros (US$ 10.2 billion), and its internal operation increased by 65% year-on-year and 20% over the same period two years ago. Operating profit increased by 67% compared with the same period two years ago, reaching 1.95 billion euros and net profit reaching 1.25 billion euros.

Overseas

US retail sales in October hit the biggest increase since March this year.

US retail sales in October increased by 1.7% from the previous month. Jack Kleinhenz, chief economist of the American Retail Federation, said that due to the COVID-19 epidemic, American consumers continued to spend more on goods than on services, which increased the pressure on the supply chain and led to an increase in commodity prices. With the arrival of the year-end holiday, consumer spending on goods may still increase in November and December.

7-11 Osaka, a new shopping mall, opened, claiming to be more fun than a theme park.

On November 17th, SEVEN PARK AMAMI, a new shopping mall planned and operated by 7-11, opened in Osaka. The shopping mall is located at No.500, Sandingmu, Tianmei East, Songyuan City, Osaka Prefecture. It is a theater shopping center planned by Seven&I Holdings, the parent company of 7-11. The project covers an area of about 67,000 ㎡. In addition to retail and catering, it also plans avant-garde virtual space and many entertainment activities, claiming to be a theme park with no loss of fun.

Ralph Lauren opens a new flagship store in Milan.

Ralph Lauren, an American fashion brand, recently opened a new flagship store in Milan, which has five floors and covers an area of nearly 16,000 square feet. In addition to selling Ralph Lauren men’s and women’s ready-to-wear clothes and RRL brand products, it also has home gifts and decorative accessories, and has Ralph Lauren bar.

Burberry opens an immersive pop-up shop in South Korea.

Burberry opened an immersive pop-up shop in Jeju Island, South Korea, which not only showed and sold the latest coat series of the brand to consumers, but also blurred the boundaries between nature and technology, indoor and outdoor, truth and imagination through various devices, and opened Thomas’s Cafe named after the brand founder.

Image source: Unless otherwise specified, they all come from official channels of brands and enterprises.

Sources: Win Business Network, Leju Finance, Viewpoint Real Estate New Media, National Bureau of Statistics, CCTV News, E-commerce Network, 36Kr, Kaipineapple Finance, Xinhua News Agency, Zhitong Finance, China Economic Net, Retail Krypton Planet, Sina Finance, etc.

BYD has been working all over again, and 70,000 yuan can be used for high-level intelligent driving, and the whole industry can’t sit still.

Some people say that this is a general benefit for mass consumers, and some people will question the low price as the level of "smart driving for all", but it is undeniable that smart driving is no longer a differentiated product point in today’s cars, and it has become a trend of standardized configuration.

After completing the breakthrough in sales volume, BYD once again started in the field of smart driving. If we set 2024 as the first year of smart driving for car companies, can we call it the year of popularization of smart driving with the development momentum of the opening year in 2025? And when smart driving began to spread and decentralize, who was the most injured? Will the industry rules be changed? Is it a good thing for the future development when Zhijia also begins to involute?

# Popularize smart driving, how lethal is it? #

Why the popularity of national smart driving this time has caused such a high fever in the automobile circle? The core point is that the attribute of smart driving has changed.

For example, when we go to see the competition between car companies, the main thing that is advertised is that people have nothing, which is also the basic element of the differentiated brand positioning. Before 2025, the attribute of smart driving was like this. This is the core technology of arm-wrestling between car companies, and it is also the decisive factor for widening the pricing gap between different levels of products.

However, what BYD did this time was to smooth out such a differentiation. After it announced the national smart driving, the share price of Tesla, another giant of electric vehicle brand, suffered heavy losses. After all, a smart driving product that needs to be subscribed, and it has not yet landed in the China automobile market, makes people worry about its development and later profit. After four days of continuous decline, its market value has evaporated by more than 200 billion US dollars.

Of course, Tesla is not the only one affected. After the popularization of smart driving, the new forces bear the brunt, and the advantages of smart driving labels are directly weakened. For example, Xpeng Motors has always focused on the core competitiveness of smart driving seats, especially last year, through the decentralization of smart driving, the sales of 100,000-class MONA rebounded. However, after BYD’s operation, the high-speed NOA of smart driving has reached 78,800 products, which is more cost-effective than that of Tucki.

At the same time, smart driving is an important factor to support the brand premium of new power brands that take the high-end route, such as Weilai and Huawei, and the ideal of starting to do smart driving. Their prices of hundreds of thousands of dollars are actually supported by a previously scarce technology such as high-order smart driving, but now consumers may not be willing to pay for such a premium after seeing other brands make smart driving standard.

After seeing such a situation, Yu Chengdong began to shout: "Intelligent driving is a completely different realm, which is easy to use and easy to use and safe! Just like making a phone call with Internet, it takes 5G to surf the Internet! This is why many people say that Huawei HarmonyOS Zhixing is leading the generation! " Everyone knows the purpose of saying this, and anyone with a discerning eye who insinuates it can understand it. This also reflects from the side that the operation of popularizing smart driving has had a great impact on the new power brands that focus on high-end.

In addition, the pressure of traditional car companies has further increased. For example, those who sell well on their own will take BYD as the catch-up target, and joint venture brands are also trying to reduce profits and keep themselves at the poker table. However, this strategy of popularizing smart driving has directly impacted other traditional brands.

In fact, many car companies have invested in smart driving now, but the difference is that they have not achieved a popularization in the whole product, mainly relying on external suppliers, or smart driving companies hatched under their own brand system, so when they get on the bus, they may face higher costs.

At the same time, the prices of the main sales models of joint venture products are basically around the price range of 100,000-200,000. Originally, cars like BYD were cost-effective. Now, a smart drive will make them look like products of two eras, and it is difficult for joint venture brands to make up for this disadvantage in a short time.

If the supplier scheme is introduced, the cost will be big, and the accumulation of local data is lacking, and the user experience is unknown. The way to make money by relying on smart driving in the future has been blocked. Now, the top priority has become how to keep up with the popularization of smart driving.

In combination with the above, we can sum up that after the popularization of smart driving, its attribute has changed from a commodity that can make money and profit to a standard on a car. At this time, the impact of such an approach is not only aimed at the automobile field, but also at the whole industry, which makes people question the profit model of smart driving and the premium sustainability of subsequent development. "High added value" has become "basic configuration" and the smart driving industry is about to change.

# Zhijia’s job of making money was smashed #

The market has a unified recognition of the development of the automobile industry, that is, the first half of electrification and the second half of intelligence. After completing the transformation of electrification, everyone is actually looking forward to the arrival of intelligence, because with the increase of software, car companies have seen more profit space.

For example, before Mercedes-Benz needed software to order rear wheel steering, Tesla’s FSD cost $199 a month, and the market analysis judged that the gross profit margin of this kind of software reached 80-90%, which made people lament that they had to make money by software. This also clarifies the development direction of the industry, especially the core intelligent driving in the field of intelligence.

Before the national smart driving, we can see many schemes to make money by smart driving. The most direct thing is to make it a premium factor for high-profile models, which is reflected in many traditional car companies and new power brands. For example, the 30,000 price difference between the ideal high-profile and other versions is supported by high-level intelligent driving.

Secondly, consumers can buy out their own cars. For example, the models that come standard with Huawei’s Gankun Intelligent Driving are actually only the basic versions. For example, its main city’s intelligent driving without a map still needs to buy high-end intelligent driving bags. Huawei itself, its buyout price is 30,000 yuan.

Then there is the subscription mentioned above, the most representative of which is Tesla, but in fact, our daily acceptance is relatively high, such as members of video platforms, members of network disks, etc., according to their own needs to choose the subscription time, although it costs less money in the short term, it is not a small expense in the long run.

It can be seen that there are many ways to make money by intelligent driving, but there is a premise to make money: only you have perfect autonomous driving in the market, and no one else has such ability, but this situation is obviously impossible, and the reality is that intelligent driving is everywhere.

Then, in this case, what BYD has done has actually blocked the above-mentioned ways to make money. What it has spent money on has become the standard without increasing the price, and it is not necessary to increase the price with smart driving. This makes smart driving such a way to make money become one of the directions of involution.

# Smart driving is good, but don’t roll it hard if you can’t move it #

Volume has become a theme in the auto market now. After the operation of popularizing smart driving is ushered in at the beginning of this year, there will be a lot of car companies and suppliers to join in order to keep up with this wave of heat, but this is actually the biggest concern in the market. I am afraid that I will not be able to come up with mature technology to shoddy it.

This kind of atmosphere has been around for a long time in the automobile circle. For example, DeepSeek, which only caught fire in the Spring Festival, is now competing with car companies, and then Huawei, before it, is now a frequent visitor to the car company conference. As long as one company opens its books, other brands must keep up.

But building a car shouldn’t be this kind of heat, right? As long as something with heat gradually becomes one of the configurations in a car, can we understand that we are so keen on combining heat because we don’t have the unique technology that we can’t get rid of?

Moreover, in the context of the price war, the automobile industry is becoming more and more demanding on cost control, and no one can be immune to it, so is smart driving. It is a common phenomenon in the industry that some suppliers are forced to lower their costs in order to get the list of automobile companies.

But at this time, there is a question in front of us. Where have these depressed costs gone? It is good that the price of smart driving is down, but the premise of all this is based on technology, cost advantage and experience. However, it is natural that the market can do this. After all, the market is now full of some "futures and semi-finished products", which makes the products in this respect nominal.