1905 movie network news On March 31st, the film written, directed, and starred by Yang Zi held its world premiere in Beijing. On the occasion of Jackie Chan’s 60-year career in film, he starred as the Dragon and Tiger Martial Artist. This movie is full of sincerity and deeply moved the audience. In the movie, the fresh combination of Jackie Chan and Chitu "one person and one horse" is not only interesting and loving, but also makes people’s eyes shine, and it also creates a lot of tears. The plot of people and horses together cried a lot of audiences. The down-and-out martial artist Lao Luo played by Jackie Chan is more like Jackie Chan himself in a parallel world. He has fought for a lifetime, and he has adhered to the spirit of the Dragon and Tiger Martial Artist who "really fights and really falls". The story of "sincere feelings" inside and outside the play is equally touching. At the event, the big brother asked the audience how they felt about the movie. The audience responded to the big brother with a "good-looking" and "moved" sound, and many audience members gave thumbs up and praised the movie and the big brother who insisted on loving it.

"I used to watch Jackie Chan movies, but this time I feel especially distressed." After the premiere, many viewers mentioned "touching and distressed" in their joy. Lao Luo, who was distressed by the spirit of Dragon Tiger Martial Artist in the movie, was also moved by Jackie Chan, who has loved movies for 60 years outside the movie. When it comes to when I will fight, the eldest brother sighed, "This year is my 60th year in the industry. From being unknown to the present, I have received the support of fans all over the world. As long as I can move and play, I hope to make a movie every year to dedicate to my audience and fans all over the world. Some viewers said," Seeing the big brother who is nearly 70 years old on the big screen still really fighting and really falling is a familiar taste, but it is a new touch. " Another fan said, "If big brother wants to fight until he can’t move, we will accompany big brother to the end of love."

"Dragon Horse Spirit" by Jackie Chan, Liu Haocun, Guo Qilin starring ，、、、、、、 starring, especially starring ，、、、、、、、、、、、、、 Xie Hongxin friendship starring, will be released in the country on April 7, the film is currently hot pre-sale.

Jackie Chan is 68 years old, hits 9 shots, closes and insists on shooting

It’s a real fight, it’s a real hit, and it’s a tribute to the dragon and tiger martial artist.

In the movie, Jackie Chan plays Lao Luo, a down-and-out martial artist who makes a living shooting thrilling action scenes on the set with the loving horse Chitu. Director Yang Zi revealed that he is a fan of Big Brother, who has a great influence on his film creation. He has always had a "Jackie Chan dream" in his heart. This story has been brewing in his heart for many years. In the script writing stage, Big Brother is the only candidate for the movie. " The Spirit of Dragon and Tiger shows the current situation and predicament of many Dragon and Tiger martial artists, which also makes Jackie Chan, who has been committed to action movies, can’t help but cry when he sees the script. The eldest brother also shared the touching mood when listening to the director’s script, "I was stabbed in a certain place, and I cried at once. This is the story of all Dragon and Tiger martial artists and stunt people behind the scenes." The eldest brother also admitted that "a director who is so attentive wants to shoot a story dedicated to Dragon and Tiger martial artists" is the reason why he took over the filming of "Dragon and Horse Spirit". The eldest brother even postponed the operation and received 9 shots to close the group, and starred in tribute to the Dragon and Tiger martial artist group.

Just as Lao Luo said in the movie "tribute has to come true", at the shooting scene, big and small action scenes, big brother all went into battle in person, insisting on real fights and real falls, so that the closure that should have a pain-relieving effect for half a year was consumed within 20 days. When big brother and special star Wu Jing confronted each other, the two could not help but cry when they recalled the experience of working hard on the set in the past. At the shooting scene, big brother often appeared on the set to help when he was resting. When talking about the reason, big brother shared, "I am quite lonely, and I can only be very happy at the scene, so I like to start work", which is heartbreaking and touching. As we all know, Jackie Chan has also gone from being a substitute group actor to a dragon and tiger martial artist, and then to action guidance. With all his injuries, he has become an international actor step by step, which is admirable.

Warm and touching, the most unique Jackie Chan movie

Audience: I used to watch it hurt, this time it hurts

After watching the movie, many viewers gave comments of "laughter and tears" and "joy and touching coexistence", and the audience sighed, "This is a Jackie Chan movie that is different from the past. I used to laugh when I watched big brother movies, but this time I shed tears of emotion." In "Spirit of Dragon Horse", Jackie Chan is no longer an omnipotent hero who turns everything around, but an ordinary person who is down and out and needs protection. In the film, Lao Luo not only loves his horse to be robbed, but also faces the fate of being replaced by special effects. It is heartbreaking to stand hard for his love and love.

Taking off the armor, this time Jackie Chan’s character is much softer and more poking. In addition to the familiar Jackie Chan-style action and comedy elements, the movie contains the big brother’s affectionate look back and sincere confession to the 60-year film career, and in Lao Luo, people can also see the appearance of Jackie Chan in the parallel world. Many "sharp-eyed" viewers discovered many details, "There are many hidden easter eggs in the movie, and many plots can also see the shadow of the big brother’s 60-year film career."

The group pet Red Rabbit has countless fans, and Jackie Chan specially contacted the home for Red Rabbit.

Audience: Surprise! One man, one horse action drama is fresh and beautiful

Director Yang Zi’s previous films showed the cuteness and agility of the little animals to the fullest. This time, the challenge to shoot the horse escalated the difficulty, and the healing and touching also escalated. After the premiere, the horse Red Rabbit, who showed a lot of color in "Dragon Horse Spirit", had countless fans. Many viewers expressed their love for Red Rabbit, "The red rabbit is naughty and naughty in front of it, and it is very smart and sensible in the back." In fact, it is difficult to cooperate with a huge horse in filming, but the big brother used his own experience to warm his heart and take care of the red rabbit, presenting a wonderful human circus. The elder brother also shared his daily relationship with Chitu at the scene, "From the first day of filming, I have cultivated a relationship with Chitu, fed it every day, made it familiar with my taste, and made it completely trust me."

In the movie, Jackie Chan and Red Rabbit have a lot of opposite scenes. The "one person, one horse" tacit cooperation on the set is very exciting, and the warm heart that depends on each other heals people’s hearts. Some audience members said that "I am very surprised. The action scenes between Big Brother and Red Rabbit are both fresh and interesting. It is definitely the most special action partner of Big Brother." Several months of shooting time also made Jackie Chan and Red Rabbit become real family. When the movie was finished and Red Rabbit said goodbye, Jackie Chan couldn’t help but cry, and frankly said that "Red Rabbit is like a family member." At the scene, director Yang Zi also shared the big brother’s warm concern for Red Rabbit, "Big brother has been asking for the final destination of Red Rabbit since the start of filming, and even contacted himself everywhere. Finally, he sent Red Rabbit to the best horse farm in China, and Big Brother was relieved." The friendship between one person and one horse is very touching.

Liu Haocun choked up and bowed to thank him, and the eldest brother warmly encouraged him

Guo Qilin reproduces the straddle on the spot, big brother "intimate" sparring partner

In the movie, there was a crying scene of Xiao Bao and Lao Luo watching past materials that infected many audiences. The video played Jackie Chan’s thrilling past scenes, which were regarded as classic life-fighting scenes. At the premiere, Liu Haocun was also deeply touched and couldn’t help choking up tears as he listened to Jackie Chan’s big brother share his hardships along the way and the warm moments of many creators sharing their cooperation with him. Speaking of the emotional part, Liu Haocun bowed to the director and Jackie Chan’s big brother to thank him, "I was very touched when I read the script, and I was deeply moved by the director’s dream of dragon and horse. Watching the action actors do thrilling actions at close range at the scene was very distressing, and I was also very encouraged. I should try my best to learn from my big brother and other teachers."

"Dragon Horse Spirit" is also another collaboration between Guo Qilin and director Yang Zi. In Yang Zi’s previous work "Pampering", Guo Qilin was "forced" to pass the addiction of action scenes, and summer parkour was not exciting. Unexpectedly, in "Dragon Horse Spirit", he was directly "practiced" by Jackie Chan. In the movie, Guo Qilin’s role of being trained by the big brother to straddle won bursts of laughter from the audience. At the event scene, Guo Qilin reproduced the straddle skills. His performance was stable and smooth, but who knew that the big brother suddenly took a horse step, and the "intimate" sparring partner surprised and delighted Guo Qilin. Guo Qilin also shared the experience of being "trained" by his eldest brother on the first meeting, "the first time I met, I thought I didn’t need to practice action scenes as a lawyer, but my eldest brother suddenly threw an ashtray for me to pick up and train my reaction ability."

The elder brother recalled the past and moved the audience, "If you break your foot in the morning, you will start work in the afternoon"

Director: That era was absolutely glorious, and the spirit was worth inheriting

At the scene of the event, recalling the past, the eldest brother acted calmly, "I used to break my foot in the morning and start work in the afternoon, and kneel on the wheelchair to start work when I broke my foot." Those blood and tears touched everyone present. With the changes of the times and the development of the film industry, the way of doing things in the past of Dragon and Tiger Martial Artists has no longer been mainstream, but their spirit of daring to fight and fight has been preserved. The line "Your era has passed" in the movie made many viewers sigh with emotion, and the director also shared the creative feelings of this line. "What we want to express is that this era will never pass, the spirit of choosing one thing to do for a lifetime has been preserved, and their love for movies is worthy of being passed down from generation to generation. That era is absolutely glorious."

In addition, the movie stars Yu Rongguang, Lang Yueting, Shi Yanneng, Pan Binlong, and action director He Jun also came to the premiere. He Jun, an action director who has followed his eldest brother for 23 years, has gone from a small martial arts step by step to today’s action director. Speaking of "The Spirit of Dragon Horse", he said with deep emotion, "Thank you to Director Yang Zi for bringing the story of Dragon Tiger Martial Master to the big screen. Although it is hard work, we can persevere because of love." At the scene, He Jun represented Chengjia Class and said to his eldest brother: "The way we express our love is to go all out, and we will do our best to complete what is told to us."

The movie "Ryoma Spirit" will be released nationwide on April 7.

On July 6, Zhou Xingchi posted a sideways photo of himself wiping his tears while watching "In the Octagonal Cage" and expressed his opinion. He said, "Baoqiang is one of the best actors I have ever seen, and it turned out to be the best director. I am convinced!" In response to the praise of "Lord Xing", Wang Baoqiang excitedly wrote, "Lord Xing, I don’t know what words can express my current mood."

1905 movie network news On January 6, Yang Ying Studio issued a statement, expressing severe condemnation and warning some Internet users to make false remarks and insults against Yang Ying such as the so-called "third party", requiring relevant subjects to delete content suspected of infringing Yang Ying’s reputation rights, and relevant online platforms should also actively fulfill their obligations as network service providers.

Yang Ying posted details of her love affair with Huang Xiaoming on Weibo, and said that after ten years, she chose to clarify the cause and effect of the incident just to clarify the truth. She did not interfere in the relationship between Huang Xiaoming and Li Feier. Calling Huang Xiaoming "Mr. Huang" in the article also attracted the attention of netizens.

Before Yang Ying posted, Huang Xiaoming had proved her innocence, "Baby is not a mistress, the rumors all along are purely false, everyone should not be used by willing netizens to hurt my family!" He also posted Weibo: "Anything comes at me! My comments will never be closed!"

In terms of TV, Xiaomi also launched the "Home Appliances Start" activity recently. For example, the price of its EA series 75-inch 4K TV is not higher than 2899 yuan, and it also participates in the warranty service that can only be replaced without repair within 180 days. Friends in need can pay attention to a wave. The TV adopts a metal full-screen solution with a Unibody metal body. The body is lighter and thinner, and the texture is full. The whole is very atmospheric and simple. In addition, each screen has been adjusted one by one, and the color level can reach the monitor level. The primary color of the content is accurately presented, and the look and feel is more comfortable.

"Brother, don’t make trouble."

As we all know, Chen He and Lin Gengxin are alumni and recognized friends in the entertainment industry. They often play games together and fight each other in private. Recently, there has been a heated discussion on the Internet that the two e-sports brothers will co-host a new variety show "Brother, stop making trouble" for the first time. According to relevant sources, Chen He and Lin Gengxin, as the resident "brothers" of this show, will not only serve as hosts, but also compete on the spot to recruit apprentices and assist the growth of new members. The show is rumored on the Internet to be "Mango TV’s version of" Happy Camp ". The two" brothers "will first help to create a new host group. After forming a fixed host team, they will invite popular artists to participate in the show.

At present, "Brother, stop making trouble" has officially announced 14 members of the preparatory host group. Among them, Cao Enqi, the actor of Chen Euan in "Hello, Old Times", and Pan Youcheng in "First Year · University Season" are very familiar. Cao Enqi graduated from the piano department of the Central Conservatory of Music, and his high-looking appearance and gentle temperament have attracted some fans. Pan Youcheng, on the other hand, once became attached to Lou Yixiao and Chen Jianbin because of "First Year", and later participated in many variety shows. In addition, Li Zhengjun, a medical master who graduated from Shandong University, is not only proficient in four languages, but also good at singing and dancing. Earlier, he appeared in "One Stand to the End" and danced in a doctor’s uniform. These members of the Preparatory Group were good-looking, intelligent, and strong. No wonder they attracted Chen He and Lin Gengxin to compete for "apprenticeships".

"Brother, don’t make trouble."

In addition, "Brother, don’t make a fuss" will be a light-hearted strategy game in the early stage, and Chen Helin Renewal will lead the members of the preparatory host group to grow together. After the end of the first season, the show will invite popular film and television dramas and variety artists to be guests in each episode, and participate in games and interactive performances with the host group. "It is not difficult to guess that Chen He, Lin Renewal and the preparatory host group are not only mentors and apprentices, but also opponents. After the mental duel, the two will also assist the program team in selecting the candidates for the host group.　

Based on this, this model is indeed reminiscent of Hunan Satellite TV’s ace show "Happy Camp". From the selection of "Shiny New Live Streaming Host" to Wu Xin and Haitao, to the establishment of "Happy Family", to the current style of fixed "fast book" entertainment model, the two shows are indeed very similar. As for whether "Brother, Stop Fucking", which has innovated into "Brain Game Season", will be more interesting than "Happy Camp", it will be revealed after the premiere this Friday.

The Chinese-language blockbuster "Silver Empire", which was invested and shot by Taiwan’s Crystal Pictures and Bona International Film Group, has recently stepped up its publicity offensive as the August 21 release day approaches. Starring Guo Fucheng, Hao Lei and Zhang Tielin gathered in Beijing, they deeply revealed the triangular love affair in which "father and son become rivals in love" in the film, and the interesting shooting stories behind it.

stills

In the film, Guo Fucheng, who plays Shaodong with the ticket number "Tianchengyuan", freely admits when talking about the plot and the relationship between the characters: he loves his father, but loves "stepmother" more, and sums up his "Third Master Kang" as "deviant". He said: "In the play, because I have a’strange ‘relationship with my’mother’, I am confused and pretend to be mature in the first part of the play. This part is the most difficult to act! Later, I can’t express my most intimate love in my heart, and I feel more uncomfortable than death!"

stills

When a reporter suggested that there were too many emotional scenes between the third master and the stepmother in the film, Guo Fucheng quickly expressed his disagreement: "Silver Empire uses a lot of space to describe the relationship between the third master and the stepmother, and there may even be a lot of passionate scenes. Of course, I think it is absolutely necessary, and it is absolutely unnecessary. Because even growing up in the Qing Dynasty, people will have seven emotions and six desires. It is absolutely reasonable and necessary to have a passionate scene in the plot, just to explain the development of the plot at that time. As for their final ending, it is a beautiful romance, because this plot of’love until separation is still love ‘is more evocative and heart-wrenching. I like this ending very much!"

When talking in detail about playing such a pair of hard-working lovers with Hao Lei, Guo Fucheng lamented that the most memorable thing was that there were a lot of "crying scenes" in the play, and Hao Lei’s moving eyes and rich emotions were an important reason for him to be able to participate very smoothly. "I remember that not long after the filming started, there was a scene where Hao Lei and I were riding a horse and breaking up in the wilderness. I had to hold back a deep feeling and sadness to cooperate with Hao Lei’s turning back. I don’t know why, looking at the moment she turned back, I felt very unforgettable! My tears fell leisurely! That scene is hard to forget!"

After that, the two cried for seven or eight hours "encouraging each other", setting a record, "I feel like our opponent was crying, and every time we cried for a long time, from dawn to dark. I remember one time, we started crying early in the morning. Hao Lei’s makeup artist went to catch up on sleep because she worked all night. When she woke up, she saw that we were still crying there, wow! It felt really incredible!"

1905 movie network news　The annual action giant recently released the "Queen’s Drag Racing" special! The 76-year-old British veteran and Oscar actress came back with a surprise, and personally presented their own series of drag racing debut. When the queen of temperament turns into a domineering driver, when the noble elegance collides with the wild excitement, an unprecedented wonderful drama is about to be staged. "Fast and Furious 9" will be released nationwide on May 21, and the pre-sale of the film is now open, so stay tuned!

At the time of filming, Helen Mirren said that she wanted to try drag racing scenes the most. The dream that was not realized at that time finally came true in "Fast and Furious 9". She, who is not old at the time, has a series of smooth operations, driving luxury supercars, carrying her fellow "old drivers", and starting crazy racing mode on the streets of London. For this powerful night hurricane, the team specially equipped Helen Mirren with a limited number of high-end supercars in the world, and even arranged a scene of speeding in front of the British landmark Buckingham Palace. Helen Mirren couldn’t hide her excitement, laughing: "The last time I came to Buckingham Palace was to take a taxi, this time it was a completely different experience."

As the eldest parent of the Shaw family, Helen Mirren’s Quinny Shaw in the few scenes of "Fast and Furious 8" interprets the contrast between the criminal leader of the East End of London and the loving mother to be very full, showing danger and cunning in every move, and earning countless loves with the style of both good and evil. This time, Boss Tang is facing the most powerful villain and the most dangerous task in the series, and Quinny Shaw is also out again. While showing off her driving skills, she shows her huge energy on the international stage and becomes a point person to help him.

In the film, the relationship between Quinny and Boss Tang can be described as mutual admiration, while outside the scene, Helen Mirren and Van Diesel also have a good friendship, as can be seen from the close interaction between the two in the special. This time, Fan warmly invited Helen to return, and the cooperation process also made Helen very happy: "Fan is very serious about the scene, and I appreciate him very much." Fan also praised Helen for "the car skills are really good, and the shooting is very interesting." This collaboration between the two makes people even more looking forward to the audio-visual feast of "Fast and Furious 9", which is jointly dedicated by the super lineup. A dangerous screen showdown is about to start, and the horsepower is on full swing without delay!

Feel the charm of "Queen" Helen Mirren’s screen, and your aura will soar through London! On May 21, "Fast and Furious 9" will be shocked!

Recently, the traffic police detachment of Fuxin Public Security Bureau, the Fuxin Municipal Committee of the Communist Youth League, and the Fuxin Branch of China Mobile brought "traffic safety takeout" to the takeaways. The police combined the work characteristics of the takeaways and common traffic violations to remind the takeaways not to run red lights, retrograde or speed in order to grab time during the delivery process, and always keep in mind safety first.

Leng Jifeng, our correspondent in Fuxin, photo by Sun Chengchao

　　Changan Automobile

　　UNI-K sales continue to climb, and "Avita" is gradually approaching

　　Event Overview

　　The company released June 2021 sales: June sales totaled 173,000 vehicles, year-on-year -11.0%, January-June cumulative sales 1.2008 million vehicles, cumulative year-on-year + 44.5%; June production totaled 165,000 vehicles, year-on-year -15.1%, January-June cumulative production 1.127 million vehicles, cumulative year-on-year 37.5%.

　　Analysis and judgment:

　　Independent growth slows down, Ford improves month-on-month

　　The company’s sales volume in June was 173,040 units, + 22.2%/-11.0% year-on-year and -6.2% month-on-month. We judge that the quarter-on-month decline was mainly affected by the lack of cores. It is expected that with the impact of the lack of cores beginning to ease in the third quarter, the company’s sales growth rate is expected to pick up; the cumulative sales volume from January to June was 12.08 million units, + 45.5%/+ 44.5% year-on-year in 19/20. The data of the Passenger Federation shows that the year-on-year growth rate of wholesale sales of narrow passenger cars in June was -5.1%, and the company’s sales growth rate was weaker than the market average. By brand:

　　1) Self-owned brands (Chongqing + Hebei + Hefei, the same below): June sales of 91,871 units, + 33.5%/+ 0.4% year-on-year in 19/20, -11.2% month-on-month; January-June cumulative sales of 701,926 units, + 79.1%/+ 67.0% year-on-year in 19/20.

　　2) Ford: Sales of 21,752 vehicles in June, + 34.7%/-1.7% year-on-year in 19/20 and + 11.7% month-on-month. We judge that the improvement in the month-on-month was mainly due to the increase in the contribution of the re-listing of the Ferrez model. From January to June, the cumulative sales volume was 120,994 vehicles, + 61.0%/+ 24.2% year-on-year in 19/20.

　　3) Mazda: June sales were 10,068 units, + 4.4%/-20.2% year-on-year and + 4.4% month-on-month; January-June cumulative sales were 60,330 units, -1.4%/+ 7.7% year-on-year.

　　The proportion of independent sales in June was 53.1%, -3.0pct month-on-month, mainly due to the monthly decline in sales of independent brands; Ford’s June sales proportion was 12.6%, + 2.0pct month-on-month. It is expected that with the improvement of product structure and high gross profit brought by the launch of new cars, it will contribute important increments in the future.

　　Investment advice

　　The bottom of the passenger car industry cycle drives demand to pick up, and the company’s strategic focus on two core assets of autonomy + joint venture is expected to fully benefit. Among them, 1) Changan independence, the product cycle will rise in volume and price; 2) Changan Ford bottom will rise, and the margin will improve. At the same time, the CHN architecture and high-end electric intelligent new brand jointly built by the company with Huawei and () are expected to achieve rapid progress for the company in the development of intelligence and electrification. We maintain the profit forecast unchanged: it is expected that the company’s revenue in 2021-2023 will be 928.14/1022/113.506 billion yuan, the net profit attributable to the parent will be 53.92/60 25/65.94 million yuan, and the EPS will be 0.71/0 79/0.87 yuan. The PE corresponding to the current stock price is 29/26/23 times, maintaining the buy rating.

　　Risk warning

　　Downside risks in the auto market; sales of old models are declining, and sales of new models are not up to expectations; cost reduction and control fees are not up to expectations; Changan Ford’s strategic adjustment effect is not up to expectations; Avita brand development is lower than expected.

　　ZTE

　　2021 H1 performance forecast Comments: Performance exceeds expectations, endogenous changes are born into the sun

　　Upgrade the performance forecast and maintain the overweight rating. Based on the consideration of gross profit margin and share, we slightly raise the company’s net profit forecast for 2021-2023 to 6.513 billion yuan (+ 7.5%), 8.181 billion yuan (+ 2.1%) and 10.261 billion yuan (+ 4.7%), corresponding to EPS of 1.41 yuan, 1.77 yuan and 2.22 yuan respectively. Considering the compounded growth rate of the company’s net profit in the next three years, give the PE of 30x in 2021, and lower the target price to 42.3 yuan (-7.7%), maintaining the overweight rating unchanged.

　　The company announced that the net profit of H1 in 2021 is expected to be 3.80 billion yuan – 4.30 billion yuan, an increase of 104.6% -131.5%. According to the median, the net profit in the single quarter of 2021Q2 is nearly 2 billion yuan, which is expected to hit a new high in operating profit. The main reasons for the high net profit growth are: 1) the company optimizes the market structure, and it is expected that the three business lines will have good revenue growth; 2) its own management and R & D capacity enhancement brings about continuous recovery and improvement of gross profit margin; 3) the transfer of up to 90% of ZTE’s equity, confirming the pre-tax profit of about 800 million yuan; the overall performance exceeds market expectations.

　　5G scale procurement via bidding started, and the company’s various businesses were born into the sun. Recently, domestic operators’ 5G scale procurement via bidding started, and the investment in 2021 showed the characteristics of low before and high after, which better supported the high growth of the annual performance. At the same time, based on the core competitiveness of the company’s chips, algorithms, architectures, databases, etc., it has laid the foundation for business expansion in 5G industry applications, enterprise digitalization, automotive electronics and other fields. The three business lines of operators, government and enterprises and consumers will be further expanded.

　　Endogenous changes are obvious, moving towards high-quality development. The company has strong competitive product advantages under continuous R & D investment, superimposed supply chain, operation and management improvement, gross profit margin and net profit margin will increase, profitability will continue to increase, and it has been on the track of high-quality growth.

　　Risk warning: The epidemic has led to unclear investment by overseas operators and the risk of Sino-US trade friction.

　　Fuman Electronics

　　Rising platform IC star

　　The main business is growing rapidly, and the new product categories are constantly expanding: the company currently has more than 1,000 kinds of various IC products, and continues to enrich the product line. The company takes the lead in card position small pitch & MiniLED driver chip high-quality track, fast charging chip layout is leading, power management chip product line is rich, and actively layout in the field of radio frequency IC, with power management chip design, packaging and testing integrated supply capabilities. The company conducts strategic layout in the two aspects of core product depth development and industrial chain breadth extension, and gradually transforms from a single chip provider to a platform-based analog IC solution service provider. The future growth space is broad. Quarter 1, 2021, thanks to the company’s new product superposition and production, the sales volume and price of mature market products have risen simultaneously, the company’s performance has achieved rapid growth, and its profitability has been greatly improved.

　　LED driver chips are booming, and the company’s products are accelerating in volume: small-pitch LED displays have reached the sweet spot of price, which has significantly stimulated the application demand in related scenarios, and the product has penetrated rapidly. At the same time, under the trend of small-pitch LED displays, with the narrowing of the lamp bead spacing, the number of display driver chips used per unit area has increased exponentially. In the current semiconductor price surge, LED lighting driver chips are not sensitive to price at the end point app store due to their low price base, so there is a large room for price increase. Superimposed with a large amount of chips, it is expected to contribute considerable revenue growth to relevant LED lighting driver chip manufacturers. The company’s LED driver chip layout is perfect, and the technical competitiveness is strong, which can meet the diverse application needs of downstream. The company is the first to break through in the field of small pitch LED display driver chips with a pitch of 1~ 0.3mm, and relies on the comprehensive competitive advantages of technological innovation, product quality, cost performance and the ** to quickly occupy the relevant market, accumulating (), Chau Ming, () and other high-quality customer resources, is expected to continue to increase market share.

　　The fast charging market is accelerating its expansion, and the company continues to expand its high-end customers & applications: The fast charging market is in the stage of accelerated expansion, the industry’s prosperity continues to improve, and the potential app store volume is very considerable. The company has a complete fast charging IC solution, and the PD protocol chip has strong competitiveness. The company vigorously promotes the update of fast charging technology, strengthens its technological leadership and product competitiveness, and the fast charging chip continues to expand to high-end customers such as Aoji and Aohai and high-end applications such as standard power supplies, highlighting its market dominance.

　　The RF domestic replacement space is vast, and the company actively plans to open up a new growth space: the RF front-end chip market is booming, and the domestic replacement space is vast. The company vigorously deploys the RF IC field, and the RF switch and RF PA have been successfully mass-produced. By increasing the production capacity of 5G RF chips, promoting the R & D and upgrading of RF chips, and expanding to the 5G RF chip fields such as SAW filters, LTCC products, and WiFiFEM through endogenous epitaxy acceleration, it is expected to open up a new growth space.

　　Profit forecast and investment rating: We maintain the company’s 2021-2023 operating income forecast of 24.11/35 billion yuan, yoy + 188.4%/45.8%/35.1%, maintain the company’s 2021-2023 net profit forecast of 10.11/14 billion yuan, yoy + 906.3%/39.4%/29.3%, and achieve EPS of 4.93/6 88/8.89 yuan, corresponding to 30/22/17 times PE. Considering that the company’s product categories and app stores in the LED driver IC/power management IC/RF IC market are expected to continue to expand, referring to the average PE (62 times) of comparable companies in 2021, give the company 62 times the target PE in 2021, the target price is 305.66 yuan, and the target market value is 62.682 billion yuan, and maintain the "buy" rating.

　　Risk warning: market demand is not as expected; new product launches are not as expected; customer development is not as expected.

　　Steam has officially launched its summer sale, which ends on July 5th (Pacific Time). So what’s worth buying for this special offer? Let’s take a look…

　　Note:We only talk about the newly discounted games in this special offer. It does not count if the discount has not been restored to the original price before.

Main special recommendations (1):

The price of "GTA5" is reduced by 67% to only 62 yuan:(Record low)

　　"GTA5" is a crime-themed open-ended action adventure game produced and published by Rockstar. The game background is based on Los Angeles and Southern California in the real world. The game has almost the same world view as the real world. Players can play as three protagonists and switch at any time. Each protagonist has his own unique personality and story background, as well as intertwined plots.

　　In addition to the main body, the game also has a platinum OL version, which is currently priced 66% off for only 117 yuan.

　　In addition, the game also has a "Platinum OL + Whale Shark Card" collection version and a "Platinum OL + Great White Shark Card" collection version, which are currently sold for only 243 yuan at 25% and 181 yuan at a 58% price reduction.

　　The game only has one "Crime Group Beginner Pack" DLC, and the price is currently reduced by 50% for only 79 yuan.

　　"GTA5" Steam Mall promotional address:

"Dark Souls 3" Deluxe Edition has a 70% price reduction of only 119 yuan:(Record low)

　　"Dark Souls 3" is the orthodox work of the hardcore action role-playing game series Dark Souls. Miyazaki Hideko himself serves as the production director of the game. This game still implements its trademark high difficulty. Players will explore a wider world in this game, and fight the bosses named "Salary Kings". In addition, the game also enhances the overall atmosphere performance, so that the picture is not just dark, but will use weather effects such as dusk or fog to strengthen the "doomsday" theme set by the game.

　　The main body of the game is 67% off for only 75 yuan. (flat record low)

　　The deluxe version of the game includes the game itself and "Season Pass" DLC.

　　The game has three DLCs, all of which are currently on sale at their original price.

　　Dark Souls 3 Deluxe Edition Steam Mall Promotion Address:

The price of Final Fantasy XV for Windows has been reduced by 50% to only 164 yuan.(Record low)

　　"Final Fantasy XV" is the latest installment of Square Enix’s world-renowned RPG "Final Fantasy" series to land on the next generation PS4 and Xbox One platforms. The game is remade from the long-delayed work "Final Fantasy V13", and the genre is also changed from the original turn-based to real-time combat, but it is finally confirmed that the SE change is correct.

　　The graphics of the game have reached an amazing level with the performance of the next-generation console, and the combat is exciting and refreshing. Players can drive cars to adventure in the world, and they can also fight against huge bosses and monsters. The overall level of the game is worthy of the players’ ten-year wait. It is an absolute masterpiece, with a vast environment and a seamless customizable combat system, providing players with a lot of freedom.

　　The game has only one "4K high definition" DLC, which is currently free.

　　"Final Fantasy XV" Steam Store for Windows Promotion Address:

"Far Cry 5" has a 25% price reduction of only 186 yuan:(Record low)

　　Far Cry 5 is a first-person shooter game developed by Ubisoft. Players will enter a chaotic, unknown and incredibly dangerous world. The game is set in Montana, USA for the first time, and players can explore this seemingly peaceful but deeply distorted world with complete freedom in single-player or double-player cooperation.

　　The game takes place in the fictional "Town of Hope" in Montana, and players will take on the role of a newly arrived young sheriff. Soon players will find that their arrival accelerates a year-long silent change, and the mastermind behind it is a fanatical ****. The violence sparked by their "Eden’s Gate" plan takes over the entire town. Players caught off guard in a power struggle must stop this carefully laid plan, and the flames of rebellion will rise to liberate "Town of Hope" and rekindle hope.

　　In addition to the main body, the game also has a deluxe version and a gold version, which are currently sold at a 25% price reduction of only 216 yuan and a 25% price reduction of only 276 yuan.

　　The game has three DLCs, all of which are currently on sale at their original price, with the "Season Pass" DLC priced at 118 yuan.

　　"Far Cry 5" Steam Mall promotional address:

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