■ In June, a total of 34.767 billion yuan of lottery tickets were sold nationwide, a decrease of 23.862 billion yuan or 40.7% over the same period of last year.

　　■ Not only did the monthly data decline, but the reporter combed the lottery sales data in the first half of the past decade and found that the lottery sales showed negative growth year-on-year for the first time in the first half of this year.

　　■ What causes the lottery market to be cold? What is the future trend of lottery market? The reporter combed and interviewed this.

　　Encounter cold

　　In the first half of the year, national lottery sales fell first.

　　Lottery sales were cold this year. From January to June, the national lottery sales totaled 212.596 billion yuan, a year-on-year decrease of 32.602 billion yuan or 13.3%. Among them, the sales of welfare lottery institutions was 97.757 billion yuan, a year-on-year decrease of 12.838 billion yuan or 11.6%; The sales of sports lottery institutions reached 114.839 billion yuan, a year-on-year decrease of 19.764 billion yuan or 14.7%.

　　The reporter combed 2010 — The lottery sales data in the first half of the decade in 2019 found that this was the first time that there was a year-on-year decline.

　　Judging from the monthly data, in June this year, the country sold a total of 34.767 billion yuan of lottery tickets, down 40.7% from the same period of last year. The year-on-year decline was mainly due to the large sales of quiz lottery games in the World Cup in June 2018, with a high base in the same period last year. In the first half of 2018, lottery sales increased by as much as 19.6%.

　　Looking back on the lottery market in the past ten years, from 2010 to 2012, it experienced a double-digit rapid growth period, and then the growth rate gradually decreased to single digits, and negative growth occurred for the first time in the first half of 2019.

　　The data shows that from 2010 to the first half of 2012, the national lottery sales maintained a rapid growth of more than 20%, which was a period of rapid growth of China’s lottery market; In 2013 and 2014, the growth rate of national lottery sales fell below 20%; From 2015 to the first half of 2017, the growth rate of national lottery sales dropped significantly, only 5.2%, 3.5% and 5.5% respectively.

　　Where do people prefer to buy lottery tickets when lottery sales are relatively low? Geographically, data from the Ministry of Finance show that in June, compared with the same period of last year, lottery sales in 31 provinces all declined. However, from the cumulative data in the first half of the year, compared with the same period of last year, lottery sales in five provinces increased, namely Sichuan, Shanghai, Henan, Anhui and Beijing, with year-on-year increases of 1.681 billion yuan, 234 million yuan, 190 million yuan, 172 million yuan and 45 million yuan respectively. As far as the overall sales volume in the first half of the year is concerned, Guangdong, Jiangsu, Shandong, Zhejiang and Henan rank among the top five in the country.

　　cause

　　Strengthen the supervision of high-frequency fast-opening games

　　Why did lottery sales decline in the first half of this year? An expert in the lottery industry told reporters that at the beginning of this year, in order to regulate the lottery market, the Ministry of Finance, the Ministry of Civil Affairs and other departments strengthened the supervision of high-frequency quick-opening games and quiz games, extended the sales time of high-frequency quick-opening games and reduced the number of lottery games.

　　High-frequency fast-opening games mainly complete the process from sales to lottery every few minutes or ten minutes through electronic equipment.

　　The data shows that in 2017, the share of Fucai quick-opening games in the total sales of Fucai reached 40%. In that year, the total sales volume of national welfare lottery was 216.977 billion yuan, of which the sales of quick-opening games was 87.522 billion yuan.

　　A lottery player told reporters: "The number of high-frequency fast-opening games is small, there are many awards, and the lottery is frequent. Many domestic lottery buyers are speculative when buying high-frequency fast-opening games, and some lottery buyers can play all day and easily lose their minds."

　　The reporter noted that in January this year, the Ministry of Finance, the Ministry of Civil Affairs, and the General Administration of Sports issued a notice to adjust the rules of high-frequency fast-opening lottery games and quiz lottery games, and strengthen the supervision of the lottery market. According to the notice, in recent years, China’s lottery industry has generally shown a sustained and healthy development trend. At the same time, there are still irrational lottery buying phenomena in the lottery market, such as unauthorized use of the Internet to sell lottery tickets and large bets. In particular, the market supervision of welfare lottery quick-opening games, sports lottery high-frequency games and sports lottery national online single-game quiz games needs to be strengthened. The notice is clear. From February 11th, if the sales time of high-frequency quick-start games is shorter than 20 minutes, it will be adjusted to 20 minutes.

　　Since 2019, the number of contests and events for the annual quiz game shall not be higher than 70% of the number of contests and events for sale in 2018. The aforementioned experts also pointed out to reporters that the main reason is that there was a World Cup in June 2018. At that time, the sales volume of lottery was particularly large, and the sales volume of sports lottery was also particularly large. However, there were no important sports events in June this year. The sharp decline in sports lottery sales in June was an important factor in the decline in lottery sales in the first half of the year.

　　Ban on sale

　　Internet lottery is banned.

　　The ban on selling lottery tickets on the Internet has also had an impact on lottery sales. The reporter noted that in August 2018, the Ministry of Finance and other 12 departments jointly issued a document resolutely prohibiting the unauthorized use of the Internet to sell lottery tickets.

　　Internet lottery had previously shown a blowout growth trend in 2014. The huge sales volume of nearly 100 billion yuan makes internet lottery purchase an important force to promote the development of lottery market.

　　In 2014, Internet lottery experienced a glorious period. Major sports events, including the World Cup in Brazil, boosted the sales of Internet lottery by 102% from 42 billion yuan in 2013 to 85 billion yuan, accounting for 20% of the total lottery sales. According to the Analysis Report of Internet Lottery Market in 2014, there were more than 100 million users in China who bought lottery tickets through Internet channels, and the Internet became an important betting platform and channel for users.

　　Since then, since 2015, the Ministry of Finance and other departments have repeatedly issued a document to prohibit the sale of lottery tickets through Internet channels. However, during the 2018 World Cup, a large number of mobile apps illegally sold lottery tickets through the Internet.

　　At that time, there were many fish that escaped from the net without being investigated. According to media reports, some apps have stopped selling lottery tickets through the search of "lottery tickets" in Android and Apple mobile phone stores, but there are still many softwares that can buy lottery tickets. In the early days of the World Cup last year, many companies launched online lottery platforms again. Finally, many online football lottery platforms such as "Winning the lottery every day" and "Everyone Winning the lottery" stopped selling on June 20 last year.

　　reform

　　Standardize the management of welfare lottery issuance

　　The corruption case of Fucai Center exposed last year aroused social concern. On November 9, 2018, the website of the Central Commission for Discipline Inspection published a heavy article: "Pay equal attention to reduction and suppression, treat both the symptoms and the root causes, rebuild the credibility of Fucai, and the discipline inspection and supervision team stationed in the Ministry of Civil Affairs will promote the formation of a good political ecology from typical cases", with more than 4,000 words, and released confession videos of four former leaders of China Welfare Lottery Issuance Management Center.

　　Statistics show that since the 18th National Congress of the Communist Party of China, at least 14 people in the civil affairs system have been held accountable for issues related to welfare lottery. Fucai’s anti-corruption has a long time span and a wide range, and has become a case of systematic corruption. In addition to the four leading characters in the confession video published on the website of the Central Commission for Discipline Inspection, four members of the party group, including Li Liguo, former Minister of Civil Affairs, Dou Yupei, former head of the discipline inspection team in the Ministry, Qu Shuhui and Chen Chuanshu, former president of the China Aging Association, were held accountable.

　　After the corruption case of Welfare Lottery, the Ministry of Civil Affairs has improved the management system of welfare lottery issuance, sales, distribution and use of public welfare funds, such as changes in the internal institutions in charge of welfare lottery management.

　　According to the Regulations of the Ministry of Civil Affairs on Functional Allocation, Internal Organizations and Staffing, before the reform, the management of welfare lottery was in charge of the Department of Social Welfare and Charity Promotion; After the reform, the welfare lottery management has been refined, and the planning and finance department and the newly established charity promotion and social work department are in charge.

　　On July 29, the Ministry of Civil Affairs held a press conference, and the relevant person in charge introduced that there are three main reform directions in regulating the issuance and management of welfare lottery tickets. First, cooperate with the Ministry of Finance, comprehensively rectify the unauthorized use of the Internet to sell welfare lottery tickets, and comprehensively carry out self-examination and inspection of national welfare lottery institutions and consignment agents. Second, vigorously adjust the rules of the quick opening game of welfare lottery to resolve the market risks of welfare lottery. The third is to improve the welfare lottery issuance management system.

Produce a tiger sniffing car group

Author Xiao Man

Toutu, vision china

From brand release to IPO, it took 37 months; It takes less than 12 months from listing to planned delisting.

　

On May 7th, Geely Automobile Holdings Co., Ltd. (hereinafter referred to as "Geely Automobile") announced that it planned to acquire all the issued shares of Extreme Krypton Intelligent Technology Co., Ltd. (hereinafter referred to as "Extreme Krypton"), and the suggested purchase price was $2.57 per extreme Krypton share or $25.66 per American Depositary Share.

　

Geely Automobile currently holds about 65.7% of the shares of Extreme Krypton. If the transaction is completed, Extreme Krypton will be completely merged with Geely Automobile, and Extreme Krypton will become a wholly-owned subsidiary of Geely Automobile, privatize and delist from the NYSE.

　

Quitting from the market and returning to Geely is the strategic need to implement "One Geely" and the key to help Kykrypton with blood transfusion.

"One Geely" is imperative.

The acquisition of Krypton is a continuation of Geely’s strategic integration.

　

Geely explained that Geely Automobile’s acquisition of Krypton is "an important step to further implement the Taizhou Declaration, focus on the main automobile industry, improve the efficiency of resource utilization and deepen brand collaboration", which can promote the deep integration and efficient collaboration of internal resources, eliminate repeated investment, reduce costs and improve the competitiveness of enterprises.

　

Since the publication of Taizhou Declaration, Geely has carried out a number of business integration adjustments. In November 2024, it adjusted and optimized the shareholding structure of Krypton and Lectra-Krypton invested 9 billion yuan to acquire 50% equity of Lectra, and Krypton invested 367 million yuan to subscribe for the newly-increased registered capital of Lectra, making Lectra a non-wholly-owned subsidiary. The equity delivery took only three months. In February this year, Extreme Krypton Technology Group was established, forming a business positioning division of "extreme Krypton is upward, and the leader is wide".

　

The planned acquisition of Kykrypton will further promote Kykrypton Technology Group to gather in Geely as the center and deepen the strategic focus of "One Geely".

　

This integration focuses more on the focus of the business layer. On the technical level, "one Geely" is already very obvious. In March of this year, Geely announced that it would unify the all-brand line intelligent driving scheme into a "thousands of miles" system, and unified the intelligent driving scheme and technical route.

　

Geely has tasted the advantages and sweetness of integration. An Conghui once said that after the merger of Link and Krypton brand, R&D investment is expected to decrease by 10%-20%, supply chain cost will decrease by 5%-8% due to scale effect, and capacity utilization will increase by 3%-5%.

Help krypton transfusion

There are quite realistic considerations behind Krypton’s plan to withdraw from the US stock market.

　

A market analyst told Tiger Smell Automobile: "It is extremely short of money. At present, the market value is low and the liquidity is poor. It is difficult to further dilute the financing. Geely privatized it, and it is extremely difficult to continue to cope with market competition."

　

Krypton has been mired in the whirlpool of losses. From 2021 to 2024, the net loss of krypton was 4.514 billion yuan, 7.655 billion yuan, 8.264 billion yuan and 5.79 billion yuan respectively, which has reached 26.223 billion yuan.

　

In order to finance and maintain operations, the valuation of Krypton was almost halved when it went public-the valuation of Krypton in the previous round of listing had reached 13 billion US dollars, while the market value at IPO was only 5.2 billion US dollars, shrinking by nearly 60%.

　

The shareholders of Krypton are unwilling to sell too many shares at a discount of 60%, which leads to the limited number of tradable shares that Krypton can issue when it goes public and does not raise enough money. Krypton originally planned to raise $1 billion, but in the end it only raised less than $500 million.

　

After the listing, the market value of Krypton did not rise back to the level of A-round financing, which means that if Krypton wants to continue financing, its shareholders must accept the discount.

　

There are only two solutions to this situation. One is to make the market value of krypton rise to a price that shareholders can make money. The other is that Geely will pay for privatization. Geely chose the latter to be able to transfuse blood for krypton more quickly.

　

Under the dual-brand strategy of "Extreme Krypton Car+Link Car", extreme Krypton needs to increase investment. According to the plan, Lectra will launch two brand-new models this year (one of which is the six-seat SUV Lectra 900) and three brand-new models will be launched in the second, third and fourth quarters of this year. Among them, the luxury hunting wagon 007GT was released in the second quarter, the full-size flagship SUV was released in the third quarter, and the large luxury SUV was released in the fourth quarter.

　

The overseas market is also in the expansion stage. Linksys and Krypton plan to build more than 200 stores overseas. Linksys 08 EM-P and Krypton’s first "800-volt global car" will be officially launched overseas.

　

Extreme Krypton Technology Group plans to sell 710,000 vehicles this year. To achieve this goal, these measures and inputs are necessary conditions. However, in the face of continuous losses and the dilemma of capital market financing, Extreme Krypton will only have enough bullets to cope with market competition if it returns to Geely’s system.

　　When infected with COVID-19, we should pay attention to light diet and avoid eating properly, especially the following three kinds of food. When infected with COVID-19, it is best to eat less or not.

　　1. High-salt food

　　High concentration of salt can inhibit the activity of respiratory cells, inhibit their disease resistance, at the same time, it can also reduce saliva, reduce lysozyme in the mouth, and increase the chance of virus and bacteria infection in the upper respiratory tract.

　　When infected with COVID-19, you should eat less salt, and the average adult without diarrhea or profuse sweating should be controlled within 5g every day, which will help to increase the content of lysozyme in saliva and help the body to secrete more immunoglobulin A and interferon to deal with Covid-19.

　　2. Spicy food

　　During illness, many people’s digestive function will weaken. At this time, too spicy and irritating food will make the already messy gastrointestinal function more disordered, and even cause the risk of nausea and vomiting.

　　In addition, COVID-19 is often accompanied by sore throat. For people who are intolerant of spicy food, spicy food will also stimulate the pharynx and aggravate the discomfort of the pharynx.

　　3. indigestible food

　　After being infected with COVID-19, many people have weak gastric motility. Eating too much food with high dietary fiber content will increase the burden on the stomach and even cause vomiting. At this time, you should eat less foods such as konjac, celery, leek, chrysanthemum, sweet potato, etc. In addition, you should eat as little or not as much as possible, such as uncooked miscellaneous beans and chewy beef and mutton pieces.

　　So, during the period of COVID-19 infection, which diets are helpful to relieve the illness?

　　1. 2000 ml of water every day

　　The World Health Organization suggested that COVID-19 should be replenished with enough water during the positive period, and a small amount of water should be injected several times throughout the day.

　　Usually, the average adult can drink 1500-1700 ml of water every day. If there are no special drinking taboos (such as heart and kidney problems), for the average adult, when infected with COVID-19, the amount of water should be more than usual, reaching 2000 ml per day. Ordinary-sized disposable paper cups contain about 200 ml of water.

　　Drink more water and urinate more, so that the waste produced by metabolism in the body can be excreted in time, which also helps to dissipate heat. Be careful to drink warm water, not too cold water.

　　2. Light soup and porridge

　　When sick, people’s gastrointestinal function deteriorates, and light soup and porridge are relatively easy to digest. At the same time, hot soup and porridge can play the role of sweating and accelerate the process of "self-healing". After sweating, we should pay more attention to the supplement of water.

　　3. Steamed chicken and fish

　　The World Health Organization suggests choosing foods rich in protein, such as beans, fish, eggs and lean meat. When the human body is relatively weak in COVID-19, properly supplementing high-quality protein will help the body recover.

　　Chicken and fish contain many kinds of amino acids necessary for human body, and its protein is easy to digest and absorb. Steaming is light and not so greasy, so it is suitable for eating in COVID-19. Be careful not to swallow the fishbone when eating fish.

　　4. honey

　　Half an hour before going to bed, eat a small spoonful of honey (about 10 grams) in moderation, which will help relieve cough discomfort at night. Pay attention to the fact that babies under one year old can’t eat honey.

　　Text/Yu Kang

　　(Professor, Department of Clinical Nutrition, Peking Union Medical College Hospital)

Blind road is a road traffic infrastructure to help visually impaired people walk. However, in real life, the phenomenon that blind roads are occupied is common, so people with visual impairment often encounter it is hard to go.

What is the crux of it is hard to go’s pain caused by the occupation of blind roads and visually impaired people? How to break the game?

(1)

Blind roads have a history of more than 200 years. The world’s first blind road can be traced back to the early 19th century, designed by a French designer, and it is a kind of pavement that is convenient for the blind to walk.

The first blind road in China was born in Beijing in 1991, with an area of 1,600 square meters. At that time, it was for the convenience of more than 200 blind workers in Haidian Rubber Hardware Factory. Before this, there was an accident that caused quite a stir: because there was no one to lead the way and there was no blind road to "navigate", a blind masseur accidentally fell into a sewage well being excavated on his way home and almost died.

After more than 30 years of development, the blind road has become a necessary item in urban road traffic construction in China. Generally, whenever there is a sidewalk, there is a blind road, but it is obvious to all that it is rarely used by visually impaired people. Is it because there are few visually impaired people? According to the data of the seventh national census, the number of blind people in China has exceeded 17.3 million. According to the latest statistics of Huizhou Disabled Persons’ Federation, there are currently 4,334 people with visual disabilities in the city.

There are almost no visually impaired people on the road, and the blind roads are basically idle all the year round. Cao Yang, chairman of the Municipal Association for the Blind, gave the answer: A considerable number of visually impaired people in Huizhou don’t go out at ordinary times, not because they are unwilling, but because they dare not. One of the main reasons is that the blind roads are occupied and they are worried that they will be knocked or tripped when they go out.

(2)

At the end of last year, Huizhou Daily’s video number "People’s Livelihood Eye" reported the problem of "enclosing and occupying blind roads" at a construction site in Jiangbei, which aroused widespread concern and brought the topic of "occupied blind roads" into public view again.

In cities, similar blind roads are frequently occupied, and the ways of occupation are varied: for example, the blind roads are occupied by motor vehicles and non-motor vehicles, some construction fences occupy the blind roads, and some facilities are directly built on the blind roads. In addition, the out-of-store business, mobile vendors and other "empty nests" make the blind roads "busy", which affects the image of urban civilization and makes it more difficult for visually impaired people to travel.

In September 2023, the results of the "Satisfaction Survey on Barrier-free Environment Construction" conducted by the Municipal Disabled Persons’ Federation showed that 77.71% of the respondents thought that the blind road was seriously occupied, 17.08% thought that the blind road was partially occupied, and only 5.21% thought that the blind road was not occupied.

For visually impaired people, the blind road is a "navigator" and a "life road" to guide them to travel safely, and it is also an important bridge for them to integrate into society and live a normal life. No one or unit can illegally occupy it.

The Law on the Construction of Barrier-free Environment in People’s Republic of China (PRC), which came into effect on September 1, 2023, clearly stipulates: "No unit or individual may arbitrarily change the use of barrier-free facilities or illegally occupy or damage barrier-free facilities."

Although there are laws, blind roads are still frequently occupied. The reason is that on the one hand, the utilization rate of blind roads is low, which leads some people to think that blind roads are unnecessary, so occupying blind roads has become the norm; On the other hand, many people lack the awareness of respecting the blind road, covet convenience, place vehicles or occupy the road. In addition, the design of some blind roads is unreasonable, which leads to the blind road not playing its due role; Relevant departments lack supervision and law enforcement, and lack effective punishment and punishment for occupying blind roads.

(3)

The occupation of blind roads reflects the blind spots of urban civilization. Changing the phenomenon that blind roads are occupied requires concerted efforts.

First of all, blind roads should be set up according to law and maintained regularly. Relevant government departments should plan, design and build barrier-free facilities for blind roads in strict accordance with national regulations and standards. Remind and advocate citizens to jointly protect blind roads. While laying blind roads, you can also spray signs such as "No Occupation" at regular intervals and maintain them regularly.

Secondly, it is necessary to strengthen supervision and law enforcement. Blind roads are frequently occupied, and a big factor lies in the low cost of violation. Relevant functional departments should earnestly shoulder their supervisory responsibilities, strengthen law enforcement inspections, intensify investigation and exposure of malicious occupation of blind roads, and stop uncivilized behaviors, so as to realize a virtuous circle of dare not occupy, can not occupy and are unwilling to occupy.

At the same time, it is necessary to increase publicity and education on popular science. Relevant functional departments should carry out publicity and education through various channels, improve people’s attention to visually impaired groups and awareness of blind roads, eliminate cognitive "blind areas", and enhance citizens’ consciousness of eliminating the occupation of blind roads.

In addition, we should also be good at using the power of science and technology to solve the problem of blind roads. Relevant functional departments can increase the investment in intelligent blind road facilities, such as blind navigation system and electronic guide blind road, to provide more convenience for visually impaired people to travel; You can also use intelligent monitoring and other technologies to monitor the occupation of blind roads in real time, and deal with the occupation problem as soon as possible, and also provide a smooth and safe blind road for visually impaired people.

I hope that through a multi-pronged approach, blind roads will no longer be crowded out, and visually impaired people will no longer "hinder" travel.

Huizhou Daily reporter Luo Guohong

CCTV News:In the first three quarters, the consumer market showed resilience, the market sales scale kept expanding, consumption upgrading continued to advance, and new consumption grew steadily.

In a shopping mall in Jiguanshan Township, Shangli County, Pingxiang City, Jiangxi Province, an intelligent home system attracted the villager Rong Jinwen. Since the beginning of this year, there have been several talking and working appliances in their home. Not only can you buy offline, but with the continuous improvement of rural logistics and commercial facilities, villagers can buy goods with the same quality and price as the big supermarkets in the city without leaving the village through the postal public service station in the village.

According to the data released by the National Bureau of Statistics, the rural consumer goods market has maintained a stable recovery since this year. In the first three quarters, the retail sales of rural consumer goods reached 4,255.2 billion yuan, up 0.9% year-on-year, and the growth rate was 0.2 percentage points higher than that of urban consumer goods. Quarterly, the retail sales of rural consumer goods in the third quarter increased by 3.2% year-on-year.

While the resilience of the consumer market has emerged, consumption upgrading has also continued to advance. In a shop of ski equipment in Ningbo, Zhejiang, the reporter saw that many skiers were buying ski supplies.

The Winter Olympics has ignited the "ice and snow enthusiasm" of southern cities, and more complete ski equipment and more professional ski resorts have become the new fashion of consumers.

On February 28,Country GardenAn inside story was announced on the Hong Kong Stock Exchange, that is, Ever Credit Limited Company filed a lawsuit against the Hong Kong High Court yesterday (February 27th).Country GardenThe liquidation petition. The contents of the petition are related to the petitioner (lender) andCountry GardenUnpaid term loans with principal of about HK$ 1.6 billion and accrued interest between (borrowers).

According to section 182 of the winding-up ordinance, ifCountry GardenThe final liquidation by petition is made on or after the commencement date without the approval order of the High Court.Country GardenThe transfer of shares will be invalid.

In this regard,Country GardenIt is said that the company will strongly oppose the petition. The submission of the petition does not mean that the petitioner can successfully liquidate the company. On the date of the announcement, the Hong Kong High Court did not issue a liquidation order to liquidate it. The company will seek legal advice and take all necessary actions to actively and properly defend it with the consulting team.

According to the announcement, the Hong Kong High Court has set May 17, 2024 as the date for the first hearing of the petition.

Affected by this message,Country GardenOn the 28th, the Hong Kong stock market opened sharply, and once fell more than 12% in intraday trading. As of midday, its share price fell to HK$ 0.63 per share, with a market value of HK$ 17.633 billion.

According to the inquiry, Ever Credit Limited (Forever Credit Limited) was established in 2009, and it is a Hong Kong company that has obtained a money lender license under the Money Lenders Ordinance (Chapter 163 of the Laws of Hong Kong). Its parent company is Jiantao Group.

Jiantao Group is an investment holding company mainly engaged in manufacturing and selling copper-clad panels.Country GardenOne of the shareholders of.

According to the announcement issued by the group in August 2023, Ever Credit Limited worked with it on December 1, 2021.Country GardenA financing agreement was concluded and a term loan of HK$ 1.88 billion was lent. At that time, both parties agreed to repay the loan by installments.

“Country GardenThe debt amount of the Jiantao Group involved is very low in the overall interest-bearing liabilities abroad, and the radical action of a single creditor will not have a significant impact on the company’s security, normal operation and overall restructuring of overseas debts. "Country GardenAspect to interface news representation.

Insiders pointed out that,The petition for liquidation is the right of every creditor, and any creditor can apply for it, but the application does not mean that it will be liquidated.Referring to other cases of listed real estate enterprises in default in the industry, it is more common for individual creditors to apply to the Hong Kong court for company liquidation.

Since the liquidity crisis appeared in August last year,Country GardenA series of measures, such as salary reduction for senior executives, reducing administrative expenses and selling back domestic bonds, have been implemented to "save themselves" to alleviate the liquidity pressure at this stage.

In terms of debt handling, as of now,Country GardenNine domestic bond extensions have been completed, involving a total principal of about 14.7 billion yuan, and the maturity has been extended by three years as a whole. This isCountry GardenIn a short period of time, it eased some debt pressure.

In terms of overseas debt,Country GardenAt present, there are 15 public dollar bonds with a principal of about 9.3 billion US dollars. Last October,Country GardenAccording to the company, the company has started the restructuring of overseas debts, and hired CICC and Hualian Nuoji (China) as financial consultants to help assess the company’s capital structure and liquidity and formulate overall solutions.

In addition to the debt crisis, it is currentlyCountry GardenGenerally speaking, it is still more important to ensure delivery and operation.

according toCountry GardenThe latest disclosure in January, January-December 2023,Country GardenMore than 600,000 houses have been delivered, with a total delivery area of 71.62 million square meters, involving 249 cities in 31 provinces.

By 2024,Country GardenThe estimated delivery volume of will exceed 480,000 sets, according toCountry GardenYang Huiyan, Chairman of the Board of Directors, said earlier that,Country GardenThe delivery challenge of has entered the "deep water area" this year.

With the gradual landing of the "white list" of real estate projects and the continuous optimization of real estate financing policies,Country GardenofThe financing situation also ushered in a new situation.

according toCountry GardenInsiders recently revealed that at presentCountry GardenThere are 135 projects approved to enter the "white list", and these shortlisted "white list" projects will receive financing support, which will help alleviate.Country GardenAt present, the financial pressure is pushing forward the guarantee of delivery, asset revitalization, and improving the sustainable operation ability of the project.

　　The official WeChat of the Ministry of Industry and Information Technology, Gongxin Weibo, today (March 22) released the Provisions on the Scope of Necessary Personal Information for Common Mobile Internet Applications jointly formulated by the State Internet Information Office, the Ministry of Industry and Information Technology, the Ministry of Public Security and the State Administration of Markets.

　　The "Regulations" clarify thatMobile Internet application (APP) operators shall not refuse users to use the basic functions of the APP because they do not agree to collect unnecessary personal information.It also clarified the necessary personal information scope of 39 common types of apps, which will be implemented from May 1 this year.

　　39 common types of appsScope of necessary personal information

　　(1) Map navigation category, the basic function service is "positioning and navigation", and the necessary personal information is: location information, departure place and arrival place.

　　(2) Network car class, the basic function services are "online taxi booking service and cruise taxi calling service", and the necessary personal information includes:

　　1. Register the user’s mobile phone number;

　　2. The passenger’s departure place, arrival place, location information and whereabouts;

　　3. Payment information such as payment time, payment amount and payment channel (online booking taxi service).

　　(3) Instant messaging, the basic function service is "providing text, pictures, voice, video and other online instant messaging services", and the necessary personal information includes:

　　1. Register the user’s mobile phone number;

　　2. Account information: account number and account number list of instant messaging contacts.

　　(4) Network community category, the basic function service is "blog, forum, community and other topic discussion, information sharing and attention interaction", and the necessary personal information is: registered user’s mobile phone number.

　　(5) Online payment category, the basic function service is "online payment, cash withdrawal, transfer and other functions", and the necessary personal information includes:

　　1. Register the user’s mobile phone number;

　　2 registered user name, certificate type and number, certificate validity period, bank card number.

　　(6) Online shopping, the basic function service is "purchasing goods", and the necessary personal information includes:

　　1. Register the user’s mobile phone number;

　　2. The consignee’s name, address and telephone number;

　　3. Payment information such as payment time, payment amount and payment channel.

　　(7) Food and beverage take-out category, the basic function service is "food and beverage purchase and delivery", and the necessary personal information includes:

　　1. Register the user’s mobile phone number;

　　2. The consignee’s name, address and telephone number;

　　3. Payment information such as payment time, payment amount and payment channel.

　　(eight) mail delivery category., the basic function service is "mail, parcel, printed matter and other articles delivery service", and the necessary personal information includes:

　　1. Identity information such as the sender’s name, certificate type and number;

　　2. The sender’s address and telephone number;

　　3. The recipient’s name, address and telephone number;

　　4. Name, nature and quantity of the delivered articles.

　　(9) Traffic ticketing, the basic function service is "transportation-related ticketing service and itinerary management (such as ticket purchase, change, refund, itinerary management, etc.)", and the necessary personal information includes:

　　1. Register the user’s mobile phone number;

　　2 passenger’s name, certificate type and number, and passenger type. Passenger types usually include children, adults, students, etc.

　　3. Departure, destination, departure time, train number/boat number, seat/cabin class, seat number (if any), license plate number and license plate color (ETC service);

　　4. Payment information such as payment time, payment amount and payment channel.

　　(10) Marriage and blind date category, the basic function service is "marriage and blind date", and the necessary personal information includes:

　　1. Register the user’s mobile phone number;

　　2. The gender, age and marital status of the blind date.

　　(eleven) job recruitment category, the basic function service is "job hunting and recruitment information exchange", and the necessary personal information includes:

　　1. Register the user’s mobile phone number;

　　2. Resume provided by the job seeker.

　　(12) peer-to-peer lending class, the basic function service is "personal loan application service for consumption, daily production and operation turnover, etc.", and the necessary personal information includes:

　　1. Register the user’s mobile phone number;

　　2. The borrower’s name, certificate type and number, certificate validity period and bank card number.

　　(thirteen) housing rental category, the basic function service is "personal housing information release, house rental or sale", and the necessary personal information includes:

　　1. Register the user’s mobile phone number;

　　2. Basic information of housing: address, area/apartment type, expected selling price or rent.

　　(14) Used car transactions, the basic function service is "second-hand car trading information exchange", and the necessary personal information includes:

　　1. Register the user’s mobile phone number;

　　2. Name, certificate type and number of the buyer;

　　3. Name of the seller, certificate type and number, vehicle driving license number and vehicle identification number.

　　(15) Registration of consultation, the basic function service is "online consultation and consultation, appointment and registration", and the necessary personal information includes:

　　1. Register the user’s mobile phone number;

　　2. When registering, you need to provide the patient’s name, certificate type and number, and the hospital and department where the registration is scheduled;

　　3. You need to provide a description of your illness when you ask.

　　(16) Tourism services, the basic function service is "publishing and ordering information of tourism service products", and the necessary personal information includes:

　　1. Register the user’s mobile phone number;

　　2. Travel destination and travel time of the traveler;

　　3 traveler’s name, certificate type and number, contact information.

　　(17) Hotel services, the basic function service is "hotel reservation", and the necessary personal information includes:

　　1. Register the user’s mobile phone number;

　　2. Name and contact information of the lodger, check-in and check-out time, and name of the hotel.

　　(18) Online games, the basic function service is "providing online game products and services", and the necessary personal information is: the mobile phone number of registered users.

　　(nineteen) learning and education, the basic function service is "online tutoring, online classroom, etc.", and the necessary personal information is: the mobile phone number of registered users.

　　(20) Local life category, the basic function service is "daily life service such as domestic maintenance, home decoration, second-hand idle goods transaction", and the necessary personal information is: registered user’s mobile phone number.

　　(21) Women’s health categoryThe basic functional services are "women’s menstrual management, pregnancy and parenting, beauty and body care and other health management services", and you can use the basic functional services without personal information.

　　(twenty-two) car service, the basic function service is "bike-sharing, car sharing, car rental and other services", and the necessary personal information includes:

　　1. Register the user’s mobile phone number;

　　2. Use the certificate type and number of the service user of shared car and rental car, and the driving certificate information;

　　3. Payment information such as payment time, payment amount and payment channel;

　　4. Use the location information of bike-sharing and time-sharing car rental service users.

　　(XXIII) Investment and wealth management, the basic function service is "stock, futures, funds, bonds and other related investment and financial services", and the necessary personal information includes:

　　1. Register the user’s mobile phone number;

　　2. Name, certificate type and number, validity period and photocopy of the investment and wealth management user;

　　3. Investment and wealth management user’s fund account, bank card number or payment account number.

　　(24) Mobile banking, the basic function service is "bank account management, information inquiry, transfer and remittance services through mobile intelligent terminal devices such as mobile phones", and the necessary personal information includes:

　　1. Register the user’s mobile phone number;

　　2. User’s name, certificate type and number, certificate validity period, photocopy of certificate, bank card number and mobile phone number reserved by the bank;

　　3. The payee’s name, bank card number and bank information shall be provided for transfer.

　　(twenty-five) mailbox cloud disk class, the basic function service is "e-mail, cloud disk, etc.", and the necessary personal information is: registered user’s mobile phone number.

　　(26) teleconferencing, the basic function service is "providing audio or video conference through the network", and the necessary personal information is: the mobile phone number of registered users.

　　(27) Webcasts, the basic function service is "to provide the public with real-time information browsing services in the form of video, audio, graphics and text", and you can use the basic function service without personal information.

　　(twenty-eight) online audio-visual category, the basic function service is "film and television, music search and play", and you can use the basic function service without personal information.

　　(twenty-nine) short video class, the basic function service is "video search and play within a certain time", and you can use the basic function service without personal information.

　　(30) news and information, the basic function service is "news information browsing and searching", and you can use the basic function service without personal information.

　　(31) Sports and fitnessThe basic function service is "exercise and fitness training", and you can use the basic function service without personal information.

　　(32) Browser class, the basic function service is "browsing Internet information resources", and you can use the basic function service without personal information.

　　(33) Input methods, the basic function service is "input of words, symbols, etc.", and you can use the basic function service without personal information.

　　(34) Safety management category, the basic function services are "killing viruses, cleaning up malicious plug-ins, fixing vulnerabilities, etc.", and you can use the basic function services without personal information.

　　(35) Electronic books, the basic function service is "e-book search and reading", and you can use the basic function service without personal information.

　　(36) Shooting beautification., the basic function service is "shooting, beauty, filter, etc.", and you can use the basic function service without personal information.

　　(37) Application stores, the basic function service is "APP search and download", and you can use the basic function service without personal information.

　　(38) Practical tools, the basic function services are "calendar, weather, dictionary translation, calculator, remote control, flashlight, compass, clock alarm, file transfer, file management, wallpaper ringtone, screen capture, recording, document processing, smart home assistant, constellation personality test, etc.", and you can use the basic function services without personal information.

　　(thirty-nine) performance ticketing category, the basic function service is "performance ticket purchase", and the necessary personal information includes:

　　1. Register the user’s mobile phone number;

　　2. Number of performances and seats (if any);

　　3. Payment information such as payment time, payment amount and payment channel.

China FAW, the cradle of new China automobile industry, witnessed China automobile industry from scratch, from weak to strong. Time flies, 71 years later, the development of China FAW and the country has always resonated at the same frequency, and it has always practiced the mission and responsibility of "serving the country and becoming an industrial power" in the advancing wave of the times.

China faw gate 1

In July 1956, the first truck (Jiefang brand) was born, ending the history that cars could not be made in New China; in May 1958, the first car (Dongfeng brand) was born, and in August of the same year, the first limousine (Hongqi brand) was born, thus opening the history of new China’s independent car brand. After more than 70 years of development, China FAW has always carried out the role of "the eldest son of the Republic automobile", accumulated a lot of money, innovated and developed, and moved from the first to the first. In 2023, China FAW brand value was 429.157 billion yuan, ranking first in the domestic automobile industry; "Hongqi" brand value was 115.529 billion yuan, ranking first in the passenger car brand industry; "Jiefang" brand value was 118.776 billion yuan, ranking first in the commercial vehicle brand industry.

Hongqi brand products

From creating a new era of national automobile industry to achieving a new breakthrough in the development of national automobile brands, China FAW has always stood on the forefront in the rolling historical wheel and always strived for the first place. At present, China FAW has grown into a state-owned super-large automobile enterprise group. By March 2024, it has produced and sold more than 58 million vehicles. In particular, the annual sales of Hongqi brand jumped to the level of 300,000 vehicles, creating a rapid industrial miracle.

To build a car for the country and the people, China FAW has been practicing the responsibility of "independently controlling key core technologies", "establishing national automobile brands" and "building a world-class enterprise" for many years, keeping in mind the entrustment, concentrating on innovation, striving to control key core technologies, forging new quality productivity and embarking on a high-quality development road.

The brand blooms with red flag brilliance.

If there is a brand that can represent China automobile, it must be the red flag. This is the unique brand heritage and national car gene endowed by history. In 2018, Hongqi brand released a brand-new strategy, adhered to the concept of "Chinese-style new noble exquisiteness", and created four product series, L, S, H and Q, which achieved rapid growth for many years. In 2023, Hongqi brand officially released three sub-brands: Hongqi Sunflower, Hongqi New Energy and Hongqi Energy-saving Vehicle. Red Flag, the jewel in the crown of China national automobile brand, is more and more dazzling.

Hongqi sunflower guobin motorcade

China Brand Day Red Flag Booth

China Brand Day Red Flag Booth

Brand-new brand positioning has made clear the direction for the development of Hongqi and gathered new development potential. In China Brand Expo in 2024, Hongqi brand brought three models to the exhibition. The new model of Hongqi sunflower is the latest masterpiece of Hongqi Guoli, which inherits the national culture and shows the demeanor of a big country; the new model of Hongqi New Energy, the first strategic model of Hongqi New Energy brand-Hongqi EH7, which is a pure electric car with peace of mind, and the red flag EHS7, a medium and large-sized pure electric SUV, which is positioned to provide a travel experience with peace of mind and wisdom, taking into account leisure and off-road in the city. At the same time, the Red Flag brand has appeared frequently on the international stage, conveying the power of China brand to the world with a calm and confident attitude.

Product rejuvenation provides users with wonderful travel services.

With the rapid iterative transformation of new industrial technology and the diversified upgrading of consumer demand, China automobile is facing brand-new challenges and also ushers in greater development opportunities. Whether it is the technological change brought about by energy transformation or the artificial intelligence breaking through the inherent boundary, it is intuitively presented on automobile products. In the face of "product innovation", which is a compulsory question for all car companies, China FAW took the initiative to upgrade its product matrix.

China Brand Day Red Flag Booth

In 2024 (18th) beijing international automotive exhibition, China FAW participated in the exhibition with its brand heavyweight products. Among them, the concentrated appearance of 22 models of Hongqi shows a new look of brand development.

China Brand Day Red Flag Booth

China FAW innovates and dedicates brand-new technology, speeds up the launch of star products, provides the ultimate service, and constantly satisfies consumers’ pursuit of "wonderful travel and better life".

Technological innovation to create the ultimate experience

National experience is the best report card of national automobile brands. China FAW has always adhered to the consumer experience as the starting point of technology research and development, manufacturing, and made every effort to meet the needs of Chinese people for a "wonderful trip and a better life". In 2020, China FAW released its technology strategy for the first time. After continuous iterative optimization, on April 18, 2024, the fifth science and technology conference of China FAW officially released the development strategy of its technology "SIGHT (insight) 531", and released the "three technical platforms" of Hongqi brand, namely "Hongqi Tiangong" pure electric platform HME and ".

The Red Flag brand cooperates deeply with the Palace Museum, combining the aesthetic charm of China classical architecture with cutting-edge technology, perfectly integrating into the design of Red Flag products, and creating high-value products with rich cultural connotations. At the same time, China FAW and Dunhuang Research Institute continue to carry out project cooperation, and the latest design results will be published one after another during the year.

Accumulate and develop the inside information with cultural people

In recent years, China FAW has continued to carry out the "Four Capabilities" reform with "cadres can be promoted and demoted, employees can enter and leave, salary can be high and low, and institutions can increase and decrease" as the core. The reform concept of clear goals and responsibilities, matching salary and value, equal incentives and constraints, and the integration of strict management and love has precipitated into a new cultural gene of the enterprise. Through the reform, the support of enterprise organizational structure, institutional mechanism and human resources for strategic objectives and strategic transformation has been further enhanced, and the innovation and creativity of project teams and key talents have been fully released. Equivalence of responsibilities and rights, stimulating the innovation power of talents. China FAW continues to promote institutional innovation, with an average annual increase of 8.6% in R&D investment in the past three years, and implements such methods as "revealing the list and taking the lead" and "task contracting", so that R&D personnel have status, platform and treatment. A large number of young R&D personnel and artisans from big countries continue to emerge, and many post-80 s and post-90 s are entrusted with heavy responsibilities and provoke the girders. Introducing from outside and cultivating from inside to create a highland for automobile talents. The data shows that China FAW has introduced a total of 13,198 talents, among which R&D talents have increased by 13% in three years. In the past three years, he has won 454 honors in the talent category at the provincial and ministerial level and above, among which 11 were selected into the national talent plan. Optimize the mechanism and promote the transformation of achievements into industrial incubation. China FAW actively explores the transformation channels of "licensing and pricing shares", and through the combination mode of "cash incentive and equity incentive", it realizes the organic integration of team project deep binding and employee income amplification.

Robot automatic welding production line in welding workshop of prosperous factory area of China FAW Hongqi manufacturing center

In the future, China FAW will continue to speed up the control of key core technologies, resolutely establish a national automobile brand, continuously enhance its core functions and enhance its core competitiveness, accelerate the construction of China FAW into a world-class mobile travel technology company, and make new and greater contributions to the construction of a strong country and the great cause of national rejuvenation.

　　CCTV News:The relevant person in charge of the National Health and Wellness Commission said on September 7 that "healthy aging" is the lowest cost and the best way to deal with the aging population. During the "Fourteenth Five-Year Plan" period, China will enter from mild aging to moderate aging, which is an important window period. Promoting healthy aging will enter a new stage of development.

　　Wang Haidong, Director of the Department of Aging Health of the National Health and Wellness Commission:Continue to promote the health of the elderly in the Healthy China Action, and constantly improve the health literacy of the elderly. We also need to carry out four major actions: oral health, nutrition improvement, prevention and treatment of senile dementia and psychological care for the elderly. The purpose is to improve the ability of the elderly to take the initiative to be healthy, so that the elderly can get sick less, get sick later and not get seriously ill.

　　Wang Haidong said that it is necessary to continue to promote the establishment of geriatrics departments in general hospitals above the second level, and the proportion should reach more than 60% in 2025; Do a good job in long-term care services for the disabled elderly, and provide long-term care services from professional institutions to home communities; Further promote the integration of old-age service resources and medical resources, and finally establish an integrated healthy old-age service system that coordinates home, community and institutions and combines medical care and health care. At the same time, we should strengthen the development of disciplines in the field of elderly health, train talents, improve standards and norms, and strengthen the scientific and technological development and industrial development of elderly health.

China Fund News reporter Yishan

On June 5, Vanke disclosed the latest announcement, and then proved its solvency to the market with practical actions.

Repay the principal and interest of US$ 612.6 million medium-term notes in full.

On the evening of June 5, Vanke announced that on March 7, 2019, Vanke Real Estate (Hong Kong) Co., Ltd., a wholly-owned subsidiary, disclosed the announcement on the 4.20% medium-term notes (ISIN：XS1958532829) due in 2024 on the Hong Kong Stock Exchange. This bill will expire on June 7, 2024.

As of June 5, 2024, the outstanding principal amount of the notes together with the accumulated interest funds up to the maturity date, totaling USD 612.6 million, have been remitted to the overseas bank account of Vanke Real Estate (Hong Kong) Co., Ltd., and the company will deposit all the relevant funds into the bank account designated by the correspondent bank on June 6, 2024, so as to fully pay the principal and interest of the notes due.

Earlier, in early March, Vanke had fully paid the principal and interest of US$ 647 million in US dollar debt due.

Recently, good news has continued.

Since the beginning of this year, the market has paid more attention to Vanke.

According to the data of the 2023 annual report, as of the end of the reporting period, Vanke’s interest-bearing liabilities totaled about 320.05 billion yuan, accounting for 21.3% of the total assets. Interest-bearing liabilities due within one year are about 62.42 billion yuan, a decrease compared with the same period in 2022, accounting for 19.5%; Interest-bearing liabilities for more than one year are about 257.63 billion yuan, accounting for 80.5%.

Yu Liang, Chairman of Vanke’s Board of Directors, once said at the 2023 Annual General Meeting of Shareholders that the company has formulated a package of slimming and fitness, and made overall plans for debt reduction and high-quality development. In the next two years, the interest-bearing debt will be reduced by more than 100 billion yuan, and the total scale of interest-bearing debt will be reduced by more than half in the next five years; At the same time, the "transformation of financing mode" has been completed, from the mode of unified borrowing and unified repayment to the financing mode of project and asset credit.

Subsequently, in addition to the three dominant main businesses of comprehensive residential development, property services and apartment rental, Vanke will withdraw from other businesses, and clean up and transfer non-main financial investments. In addition, we will resolutely and vigorously promote large-scale asset transactions such as commercial offices, and plan to complete 20 billion yuan each year.

According to the first quarterly report in 2024, as of the end of the reporting period, Vanke held 83.07 billion yuan in monetary funds, which can cover short-term loans and interest-bearing liabilities due within one year. In terms of financing, the Group continued to receive support from financial institutions. In the first quarter, the comprehensive cost of new domestic financing was 3.33%, keeping the industry low.

In addition, since May, Vanke has had good news, including signing an agreement with head financial institutions such as China Merchants Bank to obtain a syndicated loan of 20 billion yuan to help the company improve its liquidity; The land use right of Shenzhen Bay Super Headquarters Base T208-0053 was successfully transferred for 2.235 billion yuan, which helped the company to continue to slim down and focus on its main business.

As of June 5, Vanke A’s share price closed at 8.11 yuan, with the latest market value of 90.3 billion yuan.

Editor: Joey

Audit: Xu Wen

Copyright statement: China Fund Newspaper enjoys the copyright of the original content published on this platform, and it is forbidden to reprint it without authorization, otherwise it will be investigated for legal responsibility. Authorized Reprinting Cooperation Contact: Yu Xiansheng (Tel: 0755-82468670)

Original title: "Big news! Just now, Vanke announced! 》

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