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Recently, the official of the Zhejiang Provincial Department of Economy and Information Technology announced a "List of Future Factories in Zhejiang Province in 2023", identifying 213 factory/workshop projects in Zhejiang Province as provincial future factories, smart factories, and digital workshops in 2023. Among them, Wencheng Wahaha Hongzhen Food Technology Co., Ltd. appeared in the list and was successfully rated as "Zhejiang Province Future Factory in 2023".

Wencheng Wahaha Hongzhen Food Technology Co., Ltd. is the unit of Wahaha Wencheng Factory. This "factory in the mountains", which has attracted much attention since the start of construction two and a half years ago, has also been regarded as the latest thinking and exploration of Wahaha Group in the field of intelligent manufacturing.

The "factory of the future" in the mountains drives rural revitalization and high-quality take-off

Wahaha Wencheng Future Factory is located in Bailuzhou Water Economy Industrial Park, Wencheng County, Wenzhou City. It is the fourth factory invested and built by Wahaha in 26 counties in mountainous areas of Zhejiang Province, and one of the 76 branch factories established by Wahaha in less developed areas across the country in the past 37 years. Wencheng Base covers an area of about 120 acres and mainly produces innovative beverage knock-out products such as Wahaha AD calcium milk, eight-treasure porridge, high-calcium multi-dimensional milk drinks, and coconut milk.

The Wahaha Wencheng project owner said: "Generally speaking, large enterprises build factories in underdeveloped areas, and they may transfer backward production capacity. But Wahaha builds factories to bring the most mature production lines and the most advanced technology to 26 counties in mountainous areas of Zhejiang, and help local industries develop through’technological hematopoiesis’, sowing the seeds of technological take-off in the mountains."

It took only 15 days from negotiation to signing, only 2 months from signing to land supply, only 11 working days from land supply to construction project planning license, and only 7 months from starting construction to commissioning and production of the first production line… Now officially certified as the "factory of the future", the construction of Wencheng factory is not only a vivid example of the industrial prosperity of 26 counties in mountainous areas of Zhejiang, but also runs out of the "Wahaha speed" of intelligent manufacturing project construction.

At present, Wencheng factory has completed multiple rounds of recruitment, with nearly 200 employees, the vast majority of whom are locals in Wencheng County. Wahaha Wencheng factory continues to "make blood" for the local area in terms of providing employment, raw material procurement, and logistics promotion. While driving the development of related industries in the region, it has also taken the lead in setting a model for the intelligent transformation and upgrading of food and beverages.

Fresher, safer, aseptic cold irrigation guarantees the core competitiveness of products

In general, the hot filling process of traditional beverage production lines requires a filling temperature above 90 ° C to meet the sterilization needs of liquids. High temperature sterilization takes a long time and the temperature is high, and some flavor substances in the beverage may be affected by the temperature during this process. The taste and aroma of beverage products filled at room temperature will be more self-heating, but there are higher requirements for the sterilization process.

Wahaha Wencheng factory has introduced the most advanced intelligent aseptic cold irrigation equipment, using dry hydrogen peroxide gas sterilization process, aseptic bottle blowing technology, and aseptic level microbial isolation system, which can achieve the log6 microbial control level, which is the highest standard in the global industry. This also means that each bottle of "Wahaha" that is rolled off the assembly line of Wencheng factory can retain nutrients and flavor to the greatest extent while ensuring product sterilization requirements.

Taking Wahaha "coffee position" coffee as an example, the production process adopts "high temperature spray drip filtration" and "instantaneous fresh-locking technology". Through the filling and sterilization process of the aseptic room temperature cold filling production line, the product realizes aseptic blowing and aseptic room temperature filling, which retains the fresh aroma of coffee to the greatest extent and truly achieves "fresh can" quality.

Cleaner, more efficient, green production escorts green mountains and waters

Looking down from the factory, patches of gray-black photovoltaic panels cover the factory roof like scales.

In response to the national 3060 double carbon policy, Wahaha actively promotes the installation of distributed photovoltaic power generation devices to gradually establish a multi-energy complementary, optimized combination of fossil energy and new energy, and then establish a low-carbon green power system with renewable energy as the main body. Wahaha Wencheng factory has installed a total of 4.5MW distributed photovoltaics, with a total power generation area equivalent to 14.69 standard football fields. The annual power generation and consumption are about 1.30 million degrees, which can reduce carbon dioxide emissions by 1020.5 tons.

Wahaha Wencheng Future Factory practices green production, reducing water consumption and wastewater discharge and improving water resource utilization through steam condensate recovery, RO concentrated water recovery, water-saving management at key water points, and odor biological purification treatment technology in the sewage treatment process. Through the application of a series of green water-saving technologies, it can save more than 10,000 tons of water annually.

What’s more worth mentioning is that Wahaha Wencheng Future Factory has applied Wahaha’s self-developed flexible and intelligent low-emission CIP system for the first time. Each process pipeline in production can automatically call the corresponding cleaning program, cleaning parameters, and customized cleaning according to different production products and processes. To ensure that each pipeline has the shortest cleaning time, the best effect, and the lowest energy consumption. Special recycling treatment and reuse technology is adopted for the acid and alkali used for cleaning. Some of the cleaning water is recycled after special process treatment, which greatly reduces water consumption and sewage discharge. After the implementation of the project, Wencheng Factory will reduce the discharge of cleaning water and sewage by 52% every year, and reduce the consumption of acid and alkali by 30%.

Environmentally friendly has always been an inseparable goal of industrialization. Wahaha Wencheng Future Factory realizes intelligent energy management, improves energy utilization efficiency, and establishes a high-standard and highly integrated smart energy management system to promote industrial development while caring for greener mountains and greener waters.

Smarter, more flexible, full-link upgrades lead the era of Industry 4.0

Behind a bottle of beverage is Wahaha’s "butterfly change" breakthrough in full-link production autonomy and intelligent construction over the years.

As early as more than a decade ago, Wahaha began to lay out the digital and intelligent transformation. From the earliest introduction of foreign advanced production lines, to the later introduction of stand-alone integrated automated production lines, to the design and planning of future factories, through the "three-step" strategy, Wahaha has taken the lead in realizing the transformation and upgrading from automation to intelligence.

It is precisely because of its deep cultivation of back-end innovation capabilities that Wahaha has become the only enterprise in the food and beverage industry with the ability to develop, design, and manufacture molds, beverage production equipment, and industrial robots by itself. It was selected as the "first batch of intelligent manufacturing demonstration units of the Ministry of Industry and Information Technology of China" in 2015, and built the first intelligent beverage production line in the domestic industry in early 2017.

Today’s Wencheng Future Factory is fully confirming Wahaha’s latest practice of intelligent manufacturing. Relying on the WERP platform, Wahaha Wencheng Factory can quickly achieve interconnection with the group’s resources, information and data, integrate and apply the most advanced aseptic intelligent manufacturing equipment and modular production process in the industry, "one-click intelligent control" ingredient center, intelligent visual inspection, 5G intelligent warehousing, intelligent logistics platform and other advanced technologies to achieve comprehensive improvement in efficiency, cost, quality and other indicators, leading the future factory construction of the food and beverage industry.

This also means that Wahaha Wencheng’s future factory has been completely different from the Industry 3.0 format, but through the Internet of Things to connect automation equipment with orders, materials, networks, and data, and perform full-link information processing and calculation, ultimately with the least waste, the easiest and most effective communication, reducing intermediate participation links, and realizing the efficiency and energy conservation of Industry 4.0 production.

Step by step, steady progress. What is visible is the bottle of beverages on the shelf, what is invisible is the steady technological "internal strength" behind it, and consumers are expressing their enthusiasm and trust in the brand with good word-of-mouth evaluation and actual purchasing power. As Wencheng’s future factory "Wahaha" rolls off the production line and is sold nationwide, Wahaha will continue to move towards the "intelligent manufacturing benchmark" in the food and beverage industry.

Today, China Hengda (03333.HK), Hengda Automobile (00708.HK), Hengda Property (06666.HK) suspended trading. As of the time of suspension, the three companies fell by 20.87%, 18.21% and 2.50% respectively.

On the news, the liquidation case of China Evergrande was re-heard in the Hong Kong High Court. The judge said that China Evergrande’s workout plan lacked progress, and the company was insolvent. It officially ordered Evergrande to be wound up, and held a hearing this afternoon to deal with the regulatory order and issue written reasons.

According to the Securities Times, a liquidation petition is a common means of debt collection under the Hong Kong legal system. The court issues a liquidation order, which declares that the company has entered bankruptcy and liquidation procedures. This means that the Hong Kong capital markets have ushered in the largest bankruptcy and liquidation of a real estate company. China Evergrande, which has debts of 2.40 trillion yuan, has been subject to creditors’ application for liquidation. In order to delay the liquidation, it has repeatedly expressed the preparation of a new workout plan. However, due to the slow progress of the workout plan, it was eventually ordered to be wound up by the court.

In fact, there are already signs that China Evergrande is about to receive a winding-up order. According to the official website of the Hong Kong Judiciary, Judge Chan Jing-fen is scheduled to hold a hearing on a potential regulatory order on the afternoon of January 29. Once such a regulatory order takes effect, it means that the court will oversee the winding-up process, which may involve the appointment of a liquidator.

The winding-up hearing has been postponed several times before

I was still trying to liquidate my debt last week

For Evergrande, the way to avoid a winding-up petition is to complete the workout. In order to win the approval of the restructuring plan, China Evergrande’s winding-up hearing has been delayed for a long time, with a total of seven delays.

The Hong Kong High Court had previously decided to postpone December 4, 2023 as the last time for China Evergrande’s liquidation hearing. However, at that time, China Evergrande was granted another extension time after the applicant suddenly said that it would not ask the court to issue a liquidation order and did not object to China Evergrande’s application for adjournment.

The winding-up order, which may be tied to the entry of new applicants, has been reported to include a winding-up petition at the hearing by a special panel of major overseas bondholders, a provisional group of creditors holding more than $2 billion in offshore notes secured by Evergrande and its backers. Industry lawyers say the move increases the chances of an immediate winding-up order.

Evergrande had been pushing for a restructuring plan to avoid liquidation. However, at the end of September and the beginning of October 2023, with Evergrande Real Estate and Xu Jiayin being investigated successively, China Evergrande could not meet the eligibility for the issuance of new bills, resulting in the failure to implement the restructuring plan that all parties had been working hard to promote. Since then, Evergrande has not disclosed a new workout plan.

China Evergrande tried to come up with a last-minute workout to avert a possible imminent liquidation before a liquidation hearing at the end of December. The plan is understood to include converting some of the debt held by foreign creditors into equity in the company and two Hong Kong-listed subsidiaries, and repaying the remainder with non-tradable "certificates" backed by foreign assets. However, creditors are widely seen as unlikely to accept Evergrande’s new plan, given the low likelihood of debt recovery and growing concerns about Evergrande’s future.

Just a few days ago, on January 25, the company also announced the sale of the interests of a project company. According to the announcement, Hengda Real Estate Group Guangdong East Co., Ltd. (the transferor), a subsidiary of China Evergrande, signed an agreement with (among others) the transferee, Shantou Hengyao Real Estate Development Co., Ltd., the transferor will transfer its 65% interest in the project company (Shantou Hengming Real Estate Development Co., Ltd.) to the transferee for a total consideration of 137.60 million yuan. As part of the transaction, the project company will forgive part of the debt of the transferor and its contacts to it, amounting to 376 million yuan. In the announcement, Hengda stated that the sale will revitalize the group’s projects, promote the resumption of work and production of the surviving projects, and protect the legitimate rights and interests of project investors, creditors, and homebuyers.

China Hengda recently disclosed that as of the end of November 2023, Hengda Real Estate involved a total of about 316.391 billion yuan of unliquidated maturing debts; at the end of October this figure was 301.363 billion yuan. In addition, as of the end of November 2023, Hengda Real Estate overdue business tickets accumulated about 2055.37 billion yuan.

In terms of litigation, as of the end of November 2023, Hengda Real Estate had a total of 2053 pending proceedings with a target amount of more than 30 million yuan, and the total amount of the target amount was about 490.069 billion yuan; at the end of October, these two figures were 2002 and 470.755 billion yuan respectively. During November 2023, Hengda Real Estate added 101 pieces of information to be executed compared with the end of October, and the total amount of new executions was about 13.048 billion yuan.

Evergrande real estate 2022 annual report shows that the company’s total liabilities 1.833819 trillion yuan, total assets 1.468557 trillion yuan, has been insolvent.

Hengda Sean: I have done my best, I am very sorry

According to the 21st Century Business Herald, in response, China Evergrande Executive Director, CEO, and Evergrande Group Executive President Sean responded that the Group and China Evergrande have made every effort to defend the petition for overseas liquidation. Previously, the Group supported and urged China Evergrande and its advisory team to continue to conduct comprehensive and in-depth exchanges with various creditors, adhere to the principles of marketization, rule of law, and internationalization to treat domestic and foreign creditors fairly, actively promote overseas workouts, and maximize and fairly protect the maximum interests of domestic and foreign creditors based on the actual situation of the company.

Sean said that although we have been working towards repairing and improving asset value and business vitality, objectively, the group’s operation is facing huge difficulties, resources are extremely limited, and the preliminary voting of creditors has not met expectations. Hengda Real Estate has been investigated by the China Securities Supervision Commission, and the group’s actual controllers have been taken compulsory measures according to law for suspected illegal crimes. The company also believes that it cannot meet the relevant legal conditions for key aspects of overseas workout. These circumstances make various uncertainties continue to intensify, so that the workout plan is ultimately difficult to implement. Today’s court ruling is contrary to our original intention. We can only express our best efforts and regret for this.

Next, the Group will face difficulties and problems, take all legal compliance measures, and steadily promote the normal operation of the Group’s business on the premise of protecting the legitimate rights and interests of domestic and foreign creditors.

Sean stressed that the subject of the overseas liquidation order issued by the court this time is China Evergrande, which is listed in Hong Kong. At present, the management and operation system of Evergrande Group and other domestic and foreign subsidiaries as independent legal entities remains unchanged. The group will still strive to do everything possible to ensure the stability of domestic business and operation, steadily advance key tasks such as guaranteeing the delivery of buildings, and maintain the quality of property services. It will still make every effort to ensure the smooth progress of risk resolution and asset disposal. It will still try its best to advance all work fairly in accordance with the law.　

Liquidation or impact on foreign assets

Expert: Guaranteed building has legal protection

According to the HKFC, under the relevant laws of Hong Kong, the court may issue a winding-up order against a company once it is satisfied that one of the requirements set out in section 177 (1) of the Companies Winding-up Ordinance (including the company’s insolvency) has been met. The court will take into account the wishes of the creditors and the principles of justice and fairness.

During the compulsory winding-up period, all proceedings against the company and actions by creditors are automatically suspended unless the court grants permission for such proceedings to begin or continue. In addition, the powers of the directors will be suspended, while the court-supervised liquidator will be responsible for recovering and realising the company’s assets, investigating the company’s affairs, adjudicating creditors’ claims, and distributing to creditors from the winding-up estate. Once the company is wound up, the liquidator will apply to the court to release the liquidator from liability and dissolve the company.

According to the Daily Economic News, a senior lawyer said that the liquidation of China Evergrande will not directly affect the domestic subsidiaries of Evergrande Group in the short term, such as the most concerned Hengda Real Estate. The bankruptcy liquidation of China Evergrande will not directly lead to the bankruptcy of Hengda Real Estate. At most, the equity of Hengda Real Estate held by China Evergrande may be disposed of during the bankruptcy liquidation process.

In addition, within the territory, home buyers have the statutory "super priority" according to law. On April 20 last year, the Supreme People’s Court issued the "Reply of the Supreme People’s Court on the Protection of Consumer Rights of Commercial Housing" (Fa Shi [2023] No. 1) (referred to as the "Reply"), which makes it clear that if a consumer of commercial housing purchases a house for the purpose of living and has paid the full price, and claims that his claim for the delivery of the house has priority over the right to payment for the price of the construction project, the mortgage and other claims, the people’s court shall support it. At the same time, the Supreme People’s Court also pointed out that in the case that the house cannot be delivered and there is no possibility of actual delivery, if the consumer of commercial housing claims that the right to return the price has priority over the right to payment for the construction project price, the mortgage and other claims, the people’s court shall support it.

According to the 21st Century Business Herald, a legal expert familiar with the situation said that, in general, as long as the debt risk is resolved in accordance with the law and regulations, the guaranteed building is guaranteed by law, which is the saying that "the sky cannot fall". The court’s ruling means that although China Evergrande has made every effort to defend the liquidation and promote the workout, it is still being liquidated due to its long-term accumulation of serious defects, and may eventually lead to the dissolution of the overseas company. Although there are still cases in history that the company can try to revoke the liquidation order by restarting the workout procedure under the leadership of the liquidator, the current probability for China Evergrande is only theoretical.　

"A fair, ordinary and objective view of China Evergrande’s liquidation"

　　Our reporter, Du Xiao　

　　The intern of this newspaper, Liu Yanqing

　　Recently, the person in charge of Didi’s access security publicly stated that the conservative estimate of the market size of online car-hailing black production reached 1 billion yuan.

　　Didi also said that the phenomenon of "people do not match" is directly a permanent suspension of service processing. The current platform targets the average daily face verification of drivers to 4.30 million times, covering 100% of the total number of drivers’ out-of-the-car verification and in-trip sampling, and the monthly average manual sampling review 600,000 times. Despite possibly facing the strictest controls, some drivers still take risks.

　　The Legal Daily reporter learned in the interview that at first, the illegal production of online car-hailing was mainly to register false driver accounts and receive orders to obtain platform subsidies. Later, some "vest cars" appeared in the development process of online car-hailing, that is, online car-hailing cars whose actual information does not match the registration information. However, with the increasing supervision and crackdown, the problem of black production of online car-hailing cars is gradually improving.

　　Called a car and found that the information did not match

　　Some passengers will not report

　　According to Didi, "the latest information from Didi’s intelligence team shows that the quotation of the black industry’s plan to bypass the face has exceeded 2,000 yuan."

　　After searching the Internet, the reporter found that relevant information such as registration can still be found, but the number is very small. Once contacted, the other party will ask to add WeChat for further details.

　　"If you don’t have enough driving experience to register with the original license plate, change the foreign license plate to the local license plate, and solve the problem that the system does not send orders," a merchant offering online registration services said in the advertisement. The price of this service is 200 yuan.

　　The reporter searched the other party’s public WeChat and found that the WeChat account could not be displayed abnormally, and then the other party provided another contact information. The other party told the reporter that the driving age is insufficient and cannot be handled, but the car age is over and the foreign license plate can be replaced with a local license plate. The average asking price is 1,000 yuan. "The 200 yuan price is just to attract buyers to come to consult."

　　When asked whether they could guarantee that they would not be banned, the other party said that whether a normal car could be banned depended on whether it would be complained by passengers. If there were many complaints, the number would be banned, and if there were few complaints, it would not. False registrations pose a risk of being banned. Think carefully before registering.

　　Regarding the issue of being banned, the other party also offered a trick: "Once the customer finds that there is a problem, he has to rely on his words to convince the customer, and if he can convince the customer, he will not be complained. Or when he is almost at the boarding location, he will call the customer again, divert the customer’s attention and make him not pay attention to the license plate, and then he will be fine."

　　Another registered merchant who advertised on the forum told reporters that it is generally impossible to register if the driving age does not match, and the online car-hailing platform has stricter supervision on this. However, there are also individual online car-hailing platforms that can register if the driving age is not enough. Although the review also has driving age requirements, it can be operated in the background. Charge 200 yuan to help register and activate the account, and ensure that it is in compliance with the registration, there will be no risk of being banned, and access to the order pool to grab the reservation will cost extra.

　　For passengers who encounter "people do not match", some people will not choose to report or complain.

　　A female passenger told reporters that she placed an order through the platform, and when the car arrived, she found that the license plate number was not the one displayed when she placed the order.

　　"At first I thought the driver was looking for the wrong person, but the driver explained to me that the platform had mistaken his information. The driver gave his mobile phone number to prove his identity, and other information displayed on the order was correct, so I got on the bus," the passenger said.

　　Another passenger also encountered a similar situation. He told the reporter that the waiting car did not match the information of the called car, but the driver said that it was his friend who took the order, and he came on behalf of the friend because of something temporary. If you are not at ease, you can place a new order. For safety reasons, the passenger chose to place a new order.

　　"It’s not credible to get the wrong information." Hu Ping (a pseudonym), who has been working as a part-time online ride-hailing driver since 2016, told reporters that if there is indeed an error in the registration of information, it is more difficult to correct the information, because the customer service is usually busy and cannot take care of it.

　　"Whether the information is true or not has a big impact on the driver. Once the passenger complains about this, the platform will block the driver," Hu Ping said. "When registering a driver’s account on the online ride-hailing platform, you need to upload a driver’s license, vehicle driving license, ID card, etc. As long as the information is true and the certificate is valid, the review can basically be passed within three to five working days."

　　There are many hidden dangers of fake accounts

　　The compliance process needs to be accelerated

　　It is understood that the Guangdong police had previously announced the top ten cyber security cases in 2017, among which the "Didi black product" case attracted attention. The police revealed that there were hundreds of thousands of accounts involved, and the amount involved was as high as tens of millions of yuan.

　　Zhao Zhanzhan, a special researcher at the Intellectual Property Research Center of China University of Political Science and Law, believes that online car-hailing black production involves issues such as the sale of personal information and vehicle information. At present, the supervision is already very strict. The reason why online car-hailing black production exists is because of market demand and profitability, coupled with some deficiencies in the management of online car-hailing platforms, which are exploited by criminals.

　　"Drivers registering fake accounts will bring safety hazards to passengers. On the one hand, they avoid the safety review of the platform, and on the other hand, they will increase the risk of personal harm to passengers. For example, some people may want to engage in illegal and criminal activities, some people may not be qualified to drive, and some people may not be skilled in driving." Zhao Zhanzhi said.

　　Fu Weigang, a researcher at the Shanghai Institute of Finance and Law, believes that in recent years, regulators have increasingly strictly regulated the online car-hailing market.

　　According to Fu Weigang, in January 2019, the Ministry of Transport issued the "Notice on the Key Points of Transportation Safety Production Work in 2019", proposing to speed up the process of online car-hailing compliance, and all localities have also continuously urged online car-hailing platform enterprises to speed up the process of compliance. The Shanghai Municipal Transportation Commission Law Enforcement Corps issued a notice requiring all online car-hailing platform enterprises to complete by the end of June: clear the registered vehicles without online car reservation qualifications in the platform, clear the non-compliant personnel and vehicles in the blacklist that were seized and warned in the early stage, improve the basic information of vehicles and drivers, and synchronize the supervision platform in real time. At the same time, platform companies are required to conduct offline entity inspections or reviews of newly registered vehicles and vehicles suspected of "vest" complaints, and strengthen legal education for drivers on the platform.

　　"In fact, for many users, they are mainly concerned about whether the driver drives well or not, whether the service is good or not, and whether the driver’s registration information matches the actual situation and whether the household registration is local. Some users may even worry that if the driver’s entry threshold is too high, the number of drivers will be reduced, which will lead to more expensive taxi prices," Fu Weigang said.

　　Zhao Zhan suggested that passengers themselves should raise their safety awareness and make more efforts within their means, including complaining to the platform if they find that the driver does not match the vehicle information, and assisting the platform in strengthening the management of drivers and vehicles.

　　Appropriately lowering the entry threshold

　　Promote the regular operation of drivers

　　In 2016, after the Ministry of Transport, MIIT and other seven ministries jointly issued the Interim Measures for the Administration of Online Booking Taxi Business Services, various localities successively issued detailed implementation rules.

　　According to media reports, in 2018, Hangzhou introduced a new policy, canceling a number of requirements for online car-hailing drivers, and at the same time adopting a policy of one test and two certificates. Once the driver passes the test, he not only obtains the qualification to drive an online car, but also can drive a taxi. This also makes the number of compliant drivers increase more than 3 times in 2018. At present, the number of online car-hailing drivers in Hangzhou who have obtained the qualification certificate has reached 55,000.

　　Yu Mingyuan, director of the Highway Traffic Development Research Center of the Highway Science Research Institute of the Ministry of Transport, said in an interview with the media that, for example, excessive requirements are placed on technology, and even excessive requirements are placed on the length and frame of the vehicle. Some also require local household registration, and now there are also requirements that the manufacturer is also local.

　　In Fu Weigang’s opinion, some places have set more restrictions on the access of online car-hailing drivers, which will lead to some people not meeting the conditions, which will lead to the creation of online car-hailing illegal production. The stricter the similar standards, the larger the scale of online car-hailing illegal production may be. "If the standards are too high, it will be more unsafe to have black cars. If the standards are relaxed, then some drivers can directly operate online car-hailing through regular channels."

　　Zhao Zhan also believes that to rectify the illegal production of online car-hailing, the threshold for online car-hailing should be appropriately lowered to solve the problem of non-compliance of some online car-hailing drivers. Judging from the implementation of online car-hailing policies, some places have introduced stricter policies, and there are fewer qualified drivers and vehicles. Although the high threshold for access to the online car-hailing market is one of the reasons for the emergence of illegal production of online car-hailing, if there is no access threshold, it will not meet the current laws and regulations, and it will also be opposed by the traditional taxi industry. The threshold for access to online car-hailing needs to be set, mainly whether the level is appropriate.

　　Fu Weigang suggested that to solve the problem of illegal production of online car-hailing, from the platform side, we should first improve the mechanism and system, so that passengers can promptly identify drivers with good service and poor service, and eliminate drivers with poor service. Secondly, the online car-hailing platform should be responsible for reviewing driver information and promptly connecting with the information systems of the public security department, transportation department and other relevant departments.

　　Zhao Zhan added that the platform side should play a leading role in the rectification of online car-hailing black production, and can identify fake accounts through technical means, increase the crackdown, and ensure the safety of passengers.

In the digital age, parents are increasingly concerned about their children’s mobile phone use, especially in the areas of learning and health. DuoPro brand has responded to this trend with four anti-addiction mobile phones designed specifically for students, designed to assist them in achieving a balance between academics and entertainment. Here is a detailed analysis of these four products:

1. ** Qin3Ultra ** – As a 4G full Netcom smart learning machine with anti-addiction function, it is especially suitable for junior high school and high school students. This starry sky gray color scheme product is equipped with 8GB random access memory and 256GB storage space to ensure smooth operation and provide ample storage space. Built-in self-developed anti-addiction system and parental control tools, it is convenient for parents to monitor their children’s online activities, and supports convenient life service functions such as payment code and ride code. Although it does not support wireless charging, it has 18W wired fast charging.

2. ** F21Pro ** – The F21Pro integrates button and touch screen operation, and the built-in Xiao Ai student assistant is convenient for information inquiry or voice interaction. The 3GB RAM and 32GB ROM design are simple and practical, and are compatible with China Mobile, China Unicom, and Telecom’s triple network 4G network connection. Although there is no high definition camera and waterproof characteristics, it is an ideal choice for students or the elderly who need simple communication.

3. ** Qin3 ** – This health-conscious student version of the phone comes with an MTK 6762 processor in a black exterior and a rear 8 million pixel camera and front 5 million pixel lens for basic photography needs. Its compact and minimalist design is easy to carry and features autofocus to ensure call quality.

4. ** Platinum Qin3 ** – Although there are minor parameter differences (such as battery capacity), the version based on the same MTK 6762 CPU provides a large capacity of 4GB + 64GB storage space to accommodate file management and game download needs. The thin and light body design is comfortable to hold, and it is equipped with a Type-C interface for easy data transfer.

With everything from assisted learning to healthy internet access to basic communication tools, DuoPro’s products are ideal partners for fostering digital habits and protecting privacy, whether in school or at home.

　　() On December 27, the record form of investor relations activities was released. The company was surveyed by 5 institutions on December 26, 2023. The types of institutions are other, fund companies, securities companies, and sunshine private equity institutions. The main content of investor relations activities is introduced:

　　Q: Could you please introduce your cooperation with Huawei?

　　Answer: Changan Automobile and Huawei signed the Memorandum of Understanding on Investment Cooperation in Shenzhen. According to the Memorandum of Understanding, Huawei intends to integrate the core technologies and resources of its smart car solutions business into the new company. Changan Automobile and its related parties will be interested in investing in the company and jointly support the future development of the company with Huawei. The new company will strive to become a world-class leader in the automotive intelligent driving system and components industry. As an open API serving the automotive industry, it will open its equity to investors such as existing strategic partner automakers and strategically valuable automakers, and become a diversified company. The new company will continue to serve customers with high quality, and work with partners to promote the innovation and leadership of smart car technology and promote the prosperity and development of the automotive industry. This cooperation will accelerate the construction of a complete, autonomous and leading full-stack intelligent vehicle capability for the intelligent era, and realize the company’s comprehensive and stable transformation to an intelligent low-carbon travel technology company. Thanks for your attention.

　　Q: Second, what is the company’s plan for the battery system?

　　Answer: On the technical route, Changan Automobile focuses on breakthroughs in battery cell technology. Carry out technical research around liquid battery material modification, system optimization, etc., and continuously improve the battery energy density. The charging rate can be applied to 3C, popularized to 5C, and pre-researched to 7C. The fastest charging can be achieved in 7 minutes and the battery life is 400 kilometers. Deeply cultivating the development of new electrolyte materials and key processes for semi-solid and solid-state batteries. Based on the needs of the whole vehicle, it is developing leading solid-state batteries. It will be gradually mass-produced and applied from 2025. The weight energy density will reach 350-500Wh/kg and the volumetric energy density will be 750-1000Wh/L. It will be fully popularized and applied in 2030. In terms of new batteries, the prototype cell design of new batteries such as lithium-sulfur batteries and metal batteries is being carried out. It is expected that the energy density will exceed 1300-1500Wh/kg, and strive to achieve on-board application in 2035. In addition to structural innovation and material system innovation, the company will also carry out system integration innovation. Focus on solving problems such as complementary energy efficiency, intrinsic safety, full temperature range and full scene application, artificial intelligence and large model application, and continue to bring leading technical solutions. In terms of product layout, in terms of batteries, it is planned to launch 8 self-developed cells such as liquid, semi-solid and solid by 2030, forming a battery capacity of 50-80GWh. In terms of battery pack integration, the first CTV technology will start mass production in 2024, achieving group efficiency ≥ 86%. In terms of battery energy system, through the expansion of technology, products and business models, we will build a complete renewable energy ecosystem with "energy" as the main line, form an industrial closed loop of energy production, storage and utilization, and maximize the value of the entire industrial chain. In terms of system capacity, Changan Automobile has established an Advanced Battery Research Institute, which has more than 1,200 battery R & D personnel, including 125 senior experts and top academic talents. In the future, it will invest 10 billion yuan to reach 3,000 battery teams by 2024. Changan Automobile has established a mature and complete R & D management, capacity management, supply and marketing management system, and continues to attack core technologies. It will focus on material innovation, system integration innovation and other aspects to achieve new breakthroughs. At the Guangzhou Auto Show, Changan Automobile released its self-developed battery brand and named it Changan "Golden Bell Cover". Just as the brand name implies, Changan Automobile’s battery system,Through both internal and external repairs with the vehicle, with solid internal strength, it will comprehensively solve users’ anxiety in energy density, charge and discharge efficiency, cycle life, low temperature performance, etc., and bring users a new experience of "long life", "real safety", "super efficiency" and "quick replenishment". Thanks for your attention.

　　Q: III. What is the competitive advantage of the company’s S7i and SL03i?

　　Answer: On November 6, the intelligent solution of Deep Blue Automobile was officially released, and the new Deep Blue S7i and Deep Blue SL03i equipped with high-order intelligent driving assistance were launched simultaneously. Deep Blue High-order Intelligent Driving Assistance DeepalAD focuses on the three scenarios of high-speed, urban area and parking that users use the most frequently. Through more than 20 functional configurations, it brings users a happy driving and comfortable parking experience. First, high-speed navigation saves effort and worry, making high-speed unimpeded. DeepalAD is based on high-precision maps, simplifies driving operations, realizes autonomous lane change, and is accurate and smooth. At the same time, it can also handle complex scenarios such as conical barrels, sharp bends, and accident vehicles on construction sections, so that users can rest assured. The mileage of the expressway is less than or equal to 500 kilometers under normal working conditions. Facing the ramp, can understand the road, the system can get the forward information according to the navigation, change to the target lane in advance, and pass the devil’s continuous curve stably. It calmly handles the ramp separation and confluence. The traffic success rate exceeds 98%, which is at an excellent level in the industry. Second, cruising in urban areas, traffic jams are not blocked. The minimum follow-up distance of DeepalAD is controlled at 2 meters, which can cope with more than 97% of the congestion conditions, and the smoothness and comfort are greatly improved. Omnidirectional automatic emergency braking, not only has the ability to identify dangerous scenarios such as low light in dark night tunnels, crossing intersections, and horizontal ghost probes, but also is equipped with 13 safety auxiliary features such as parking door warning and parallel assistance, which brings users all-round safety perception. Third, comfortable parking, how fast and easy to save. DeepalAD’s remote valet parking assistance system has realized 13 parking methods such as in-car parking, remote intelligent parking, traced reversing, and valet parking, covering more than 150 parking scenarios. The average parking time is less than 35 seconds. The success rate of parking space search exceeds 98%, and the parking completion rate exceeds 97%. Support narrow parking spaces. The narrowest adaptation is one side + 32cm of vehicle length or width. More than 97% of human drivers make novices become old drivers in seconds. DeepalOS, the deep blue intelligent operating system, has officially entered the 2.X era based on four upgrades: design upgrade, ecological upgrade, scene upgrade, and warm upgrade. The new UI, new application, smart navigation, DeepalGPT and many other functions are blessed, and the iterative content is free and full of fun. On the basis of super range extension,With the launch of the Deep Blue SL03i and S7i equipped with DeepalAD + DeepalOS, it will bring users a cool and enjoyable driving experience and start a new Deep Blue acceleration. Thanks for your attention.

　　Q: Fourth, what is the order and delivery status of Avita 12?

　　Answer: On November 10, 2023, the Avita brand day ADay was held in Shenzhen, and the future smart luxury car Avita 12 was simultaneously listed globally. As the second work of the industry-leading smart electric vehicle technology platform CHN, Avita 12 brings together the advantages of Changan Automobile, Huawei, and () in their respective fields. The products have three core advantages of top intelligence, top design, and top luxury space. Avita 12 is equipped with a Hongmeng cockpit developed based on HarmonyOS4, which can bring a silkier interactive experience. The whole system comes standard with a 15.6-inch Huawei smart central control screen, plus a 35.4-inch 4K integrated remote screen, which brings an immersive visual experience. Super desktop enjoys silky control, connecting smart end points such as mobile phones and Pads around users to form a more powerful smart travel super end point. Avita 12 car machine not only supports seamless information flow between mobile phones, smart screens, Pads and other devices, but also can directly make video calls with smart end point devices and other cars, and log in to the account to control the associated home devices. The car and machine support Hongmeng app store, massive applications can be downloaded at will, and third-party apps are supported, building a rich three-dimensional intelligent ecology for users and creating an emotional interaction space. In terms of smart driving, Avita 12 is equipped with Huawei’s high-end intelligent driving system HUAWEIADS 2.0, and the whole series is equipped with 3 hidden lidars as standard, which can realize long-distance detection over the length of a standard football field. The whole series covers a 4-layer perception system, which can not only identify tidal lanes and variable lanes, but also easily overcome traditional smart driving problems such as intersection U-turns and construction scenes. It can also build scenes from the body, match the navigation map with the real world, and get rid of the dependence on high-precision maps. In addition, it is equipped with 19 active safety functions as standard in the whole system, which not only supports AEB automatic emergency braking, but also supports GAEB special-shaped obstacle emergency braking, RAEB backward automatic emergency braking, LAEB low-speed automatic emergency braking and other functions, driving safer and driving more calmly. At the same time, Avita 12 also supports APA, RPA, AVP and other rich auxiliary parking functions, not only the parking space identification is "very accurate and stable", the parking space is parked "how fast", but also supports extremely narrow parking space remote control parking. In terms of design, the whole vehicle adopts the ultimate shape of full viewing angle,With an integrated body design and smooth muscle lines, it highlights the elegant sporty style, and pioneers the hatchback design without rear portholes. This is also the externalization of the wraparound induction cockpit, and the appearance of the whole car can be called the top of the industry. The wraparound induction cockpit of Avita 12 is committed to achieving the balance of technical advantages and design aesthetics. The front full-body double zero-gravity seats appeared for the first time on the car, and the rear row has a full stretch double one-meter presidential-level space. The legs can be fully extended, and the luxurious large space is comparable to the million-level comfort. The cumulative number of Avita 12 has exceeded 6,700 in 36 hours of listing, and the cumulative number of Dading has exceeded 11,128 in 72 hours of listing. Avita 12 has been on the market for 30 days, Dading has exceeded 20,000 units, and the average order price has reached 350,000 yuan. Channel construction is advancing rapidly, and the target of 350 channel touchpoint coverage is about to be completed. Since December 10th, national delivery has been launched one after another. Thanks for your attention.

　　Q: Fifth, what is the company’s sales target for next year?

　　Answer: The company’s 2024 goal has not yet been finalized, and it needs to be reviewed and approved by the company’s board of directors after the preparation is completed. Thanks for your attention;

　　The details of the participating institutions are as follows:

With the vigorous development of the new energy vehicle market, consumers’ demand for high-quality and intelligent models is increasingly strong. In this context, Wenjie Automobile, with its latest masterpiece – Wenjie New M7 Ultra, has achieved a leap in sales in a short period of time with its excellent product strength and market strategy, becoming a new force leader in the new energy vehicle market.

Dading breaks the 30,000, delivers super 10,000, and the market responds enthusiastically

Since the new listing at the end of May this year, the new M7 Ultra has quickly attracted the attention of a large number of consumers with its five extraordinary upgrades and the ultimate smart price ratio. In just 20 days, the number of the car has exceeded 30,000 units, which not only highlights the enthusiastic pursuit of the model by consumers, but also fully proves the strong strength of the car in the new energy vehicle market.

What is more remarkable is that the delivery volume of the new M7 Ultra exceeded 10,000 units after only 18 days of listing, setting a new record in the new energy vehicle market. This achievement not only proves the efficient capacity and strong supply chain management capabilities of the new energy vehicle market, but also further consolidates its leading position in the new energy vehicle market.

Five extraordinary upgrades, creating excellent quality

The reason why the new M7 Ultra can stand out in the market is inseparable from the blessing of its five extraordinary upgrades. First, in terms of appearance design, the new M7 Ultra follows the latest family-style front face design, exquisite small grille and new body color, giving the vehicle a stronger sense of technology and luxury. Secondly, in terms of interior design, the new M7 Ultra adopts Hongmeng intelligent cockpit design, bringing users a more intelligent and comfortable driving experience.

In terms of intelligent driving, the new M7 Ultra comes standard with the HUAWEI ADS 2.0 high-end intelligent driving system, which cooperates with the high-performance computing platform and Huawei’s self-developed anthropomorphic algorithm to achieve more comprehensive intelligent safety protection and easier intelligent driving experience. At the same time, the car has also been upgraded with the CDC continuous variable damping shock absorber, bringing a more luxurious driving texture.

Sales rank first, market competitiveness highlights

Under the strong promotion of the new M7 Ultra, the new M7 series models have achieved remarkable results in the market. As of June 16, the cumulative sales of the new M7 series reached 100,900 units, which not only ranked first in the sales list of new power models in the Chinese market in 2024, but also successfully surpassed the sales of the competing ideal L7 + L8 models. This achievement fully proves the strong appeal of the new M7 series models in the market and the high recognition of consumers.

Continuous innovation, leading the development trend of the industry

As a new force leader in the new energy vehicle market, Wenjie Automobile has always adhered to user requests as the center, continuously increased R & D and innovation efforts, and actively launched more high-quality and intelligent models. In the future, Wenjie Automobile will continue to uphold the core values of "innovation, quality, service", continuously improve product strength and service level, and bring users a better and more convenient travel experience.

At 10: 45 am on June 9, 2018, Beijing time, the China Star Unit Award Ceremony of the 44th Seattle International Film Festival was held in Seattle, USA. It was produced by Weishi Brothers (Hong Kong) Entertainment Group, directed by young director Hu Jian, and the film starring Zhao Bingrui, Yue Ye and Shen Shiyu won the best film in this unit.

The rise of emerging film forces has won many international awards to shine.

This time, Hu Jian was selected as the "China Star" unit of the Seattle International Film Festival with Betel Blood, and won the best film. Along with the finalists, female directors Yang Mingming’s, Wu Hao’s "The People’s Republic of Desire" and Xin Yukun’s. After some fierce competition, in the end, Betel Blood won the grand prize in deus ex. Previously, "Betel Blood" was shortlisted for the 67th Berlin Film Panorama Unit and the 41st Hong Kong International Film Festival, respectively. After the screening, it received a lot of praise such as "exceeding expectations" and "good surprise film", and its word-of-mouth was bursting, and it was praised by both inside and outside the industry. When the film was screened live in Seattle, many international filmmakers were amazed that the level of China’s new director was beyond imagination.

Talking about the award, Hu Jian, director of Betel Nut Blood, said, "I am grateful to the Seattle International Film Festival for giving China films a chance to be shown on the international stage. I hope more and more audiences can see more different types of China films. When filming this film, our producer, Mr. Sun Wei, gave me infinite trust and tolerance. I would like to thank him again, and thank those who are willing to support the young directors in China. I hope that more beautiful works will be dedicated to you in the future. " At the screening scene, producer Sun Wei also shared a lot of interesting things behind the scenes, and said that he would spare no effort to be the driving force behind the emerging film industry in China.

The production company of this film is Weishi Brothers (Hong Kong) Entertainment Group. As the chairman of Weishi Brothers Entertainment, Sun Wei has dug deep into the development of the film and television industry, and combined with the exploration experience in original content in recent years, the company has produced and produced such film and television works as Betel Nut Blood, and the film and TV series "Sending Children" which are being prepared for shooting recently have also attracted the attention of the industry. In Sun Wei’s view, the rise of a work, the content is the core, and works supported by substantive content can be regarded as excellent works and worthy of the audience.

As an emerging entrepreneurial film and television company, Weishi Brothers pays more attention to the content and quality of the project itself, and hopes to create high-quality works by working hand in hand with more young film talents.

The film reproduces the cruel story of youth and releases the sadness and helplessness under the hustle and bustle.

"Betel Blood" tells a cruel and ideal story of youth: a tropical seaside town and a surfing place. With the arrival of summer, three young people are involved in the whirlpool of feelings and desires. Qi Li, who works in the Aquarium, and Ren Yu, who is cheerful and handsome, have lived together in the town for many years, and the arrival of female college student Bailing has caused irreversible changes in their feelings. The three gradually forged a profound friendship, and the young passion reached its peak one night. However, the local hooligans disturbed them, and the tragedy was also difficult to reverse. The noisy beach and the shiny black back of surfers reflect the faces of youth. In this summer, nothing has changed and everything continues.

In the film, the stories of several young people originated from the accidental inspiration of director Hu Jian, generate. Because a social news triggered him to want to create a story about cruel youth, he quickly made clear the theme of the film after completing the first draft. "I don’t care what time and where she is, because no matter what time and place, such a story of three young people may happen. It’s like a closed space, where anything can happen. In that environment, people may be more natural and primitive. What I want is the kind that dares to love and hate. "

　　Oriental Daily reported on August 26 Andy Lau has been adhering to "singleism" for 24 years, refusing to recognize the "invisible girlfriend" Zhu Liqian who is silently guarding behind his back, but yesterday he dramatically destroyed the "Chastity Archway" and dragged Zhu Liqian back to Hong Kong with his fingers clasped tightly. Although it seems that he has tacitly agreed to the intimate relationship with Zhu Liqian on the surface, Andy still owes the other party an official status. The affair between Andy and Zhu Liqian has been spread for 24 years, which is a semi-open secret in the circle. However, in order to protect the image of the idol school, Andy is afraid that the disclosure of his girlfriend’s relationship will break the hearts of thousands of girls. Over the years, his girlfriend has been photographed in and out of his apartment, appearing in his concerts, and even being photographed by the media in Malaysia as suspected of "talking about marriage". Andy still insists on "zero response". Until Andy’s rumored "grandfather" and Zhu Liqian’s father Zhu Jiancheng died suddenly in Malaysia and held a funeral, Andy’s "secret" that he had kept for nearly a quarter of a century finally failed to keep, and he and his girlfriend both appeared in public.

　　Last Tuesday (18th), it was rumored that in addition to Andy and Zhu Liqian flying to Malaysia to see Zhu’s father for the last time, there was also a child with him. Until the funeral was held after Zhu’s father passed away last Saturday (22nd), Andy and Zhu Liqian did not show up to bid a final farewell to Zhu’s father, which aroused discussion among the outside world and netizens.

　　Couple outfit any auction

　　It is unknown whether Andy can’t bear the pressure of public opinion, and his attitude suddenly softened. On the seventh day of Zhu’s father’s first day, Andy and Zhu Liqian "for the first time" appeared in the new grave of Fujian Yishan in Malaysia, accompanied by the Zhu family, to pay tribute to Zhu’s father and do their filial piety.

　　Yesterday at 5:00 pm in Kuala Lumpur International Airport, Andy and Zhu Liqian, dressed in plain clothes and wearing "couple masks", showed up to take Malaysia Airlines back to Hong Kong. The most surprising thing was that Andy did not dodge and held Zhu Liqian tightly with his fingers to take pictures. However, when the media approached, his assistant stood between the two. The group walked quickly to the special VIP room and launched a chase battle with the media. The whole journey lasted no more than three minutes.

　　Go home to rest

　　Andy and Zhu Liqian flew to Hong Kong at around 10:30 last night. Although more than 100 media and fans gathered at the scene, Andy and Zhu Liqian, wearing masks and wearing couple’s beads, still walked out of the gate hand in hand. In order to protect Zhu Liqian from being knocked down by the crowd, Andy freed up his other hand to hold Zhu Liqian, and the two never left, showing their love. Andy and Zhu Liqian left the airport under the protection of several security guards and police officers, but due to the extremely chaotic scene, people fell and threw their shoes from time to time. In the face of more than 100 media follow-up, Andy said politely: "Thank you for your concern." When a reporter asked if Andy and Zhu Liqian would get married within 100 days of Zhu’s father’s death, Andy finally broke the silence and responded for the first time: "No, I won’t talk about everything again, I won’t explain more, give me some time, I’ll wait for me to take her home to rest, I’m sorry to make everyone like this."

　　After that, when someone asked Andy whether he would disclose Mrs. *******dentity and whether he had a son and a daughter, Andy remained silent. During Andy’s interview, Zhu Liqian kept bowing her head as the woman behind him, but during the chaos, it seemed as if she had been hit on the cheek by a wheat brand. Seeing that Zhu Liqian seemed to be frightened by the media, Hua Zai immediately appeased her.

　　In addition, Andy earlier accepted an interview with Yongquan, a cable live streaming host, saying that he should get married early in the morning, just thinking of the future to carefully consider how to protect the family, if he really gets married, it will definitely be announced, and twice stressed: "Not in the future." The answer is intriguing, he thinks it is more difficult to keep the secret of marriage than to announce, he said that if there is a child, how can it be hidden, that child is too miserable, he will not be such a person.

　　(Source of this article: Oriental Daily)

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