上海夜生活

　　Explanation of public consultation

　　In order to cooperate with the implementation of the Civil Code, on the basis of clearing up the relevant judicial interpretations such as the Supreme People’s Court’s Interpretation on Several Issues Concerning the Application of the Guarantee Law of People’s Republic of China (PRC), and combining with the trial practice, our hospital formulated the Interpretation of the Supreme People’s Court on the Application of the Guarantee Part of the Civil Code of People’s Republic of China (PRC) (draft for comments). In order to ensure the scientific nature of judicial interpretation, we are now open to the whole society for comments. The feedback date is November 27, 2020, and the feedback email address is:zgmetsyd@163.com

　　The Supreme People’s Court min er ting
　　November 9, 2020

　　The Supreme People’s Court about
　　Interpretation of the application of the guarantee part of People’s Republic of China (PRC) Civil Code
　　(Draft for Comment)

　　In order to correctly hear cases of guarantee disputes, this interpretation is formulated in accordance with the relevant laws and regulations such as the Civil Code of People’s Republic of China (PRC) and the Civil Procedure Law of People’s Republic of China (PRC), and combined with civil trial practice.
　　I. About General Provisions
　　Article 1 [Scope of Application]Disputes arising from mortgage, pledge, lien, guarantee, etc. shall be governed by this interpretation. This interpretation shall apply to disputes arising from other contracts with guarantee functions, such as ownership reservation, financial leasing, factoring, etc., unless it is not applicable according to its nature.
　　This interpretation shall apply to the counter-guarantee provided by the debtor or a third party.
　　Article 2 [Dependence of Effectiveness of Guarantee Contract]If the parties agree that the principal creditor’s rights and debts contract is not established, invalid, revoked or determined to be ineffective, and the guarantor should still bear the guarantee liability, the agreement is invalid.
　　Disputes arising from independent letter of guarantee issued by banks or non-bank financial institutions shall be governed by the Provisions of the Supreme People’s Court on Several Issues Concerning the Trial of Independent Letter of Guarantee Disputes. After the independent letter of guarantee issued by other entities other than banks or non-bank financial institutions is deemed invalid, if the creditor expresses that the guarantor and the principal debtor are jointly and severally liable, the people’s court shall support it.
　　Article 3 [Dependence of Guarantee Scope]The scope of the guarantee liability agreed by the parties is greater than the scope of the debtor’s liability, and the people’s court shall support the guarantor’s claim to assume the guarantee liability only within the scope of the debtor’s liability. If the parties agree on the terms of liquidated damages for the performance of the guarantee liability, and the guarantor claims that the agreement is invalid, the people’s court shall support it.
　　When the guarantor performs the guarantee responsibility by himself, the actual amount of repayment is greater than the scope of the debtor’s responsibility. When the guarantor exercises the right of recourse, the debtor claims to bear the responsibility only within the scope of its responsibility, and the people’s court shall support it.
　　Article 4 [Entrusted Holding of Security Interests]Under any of the following circumstances, if the parties register the validly established security interest in the name of a third party, the debtor fails to perform the due debt or the creditor claims to be paid in priority for the property, the people’s court shall support it according to law:
　　(1) When issuing bonds, register the security interest provided for bondholders in the name of the bond trustee;
　　(two) in the entrusted loan contract, the security interest provided to the creditor shall be registered in the name of the trustee;
　　(3) Other circumstances in which the guarantor knows that the security interest is not registered in the creditor’s name.
　　Article 5 [Effectiveness of Guarantees Provided by Schools and Kindergartens]Non-profit schools, kindergartens, medical institutions, etc. for the purpose of public welfare shall not be guarantors, and the guarantee provided by them shall be invalid, except in one of the following circumstances:
　　(a) for the purchase of educational facilities, medical and health facilities and other public facilities, the ownership retention, financial leasing and other security interests with security functions set with the public facilities as the subject matter;
　　(2) The property other than educational facilities, medical and health facilities and other public welfare facilities is set as the security interest for its own debts;
　　(3) Pledge of one’s own debts with the right to pledge.
　　The people’s court shall not support the guarantee provided by private schools, kindergartens and medical institutions registered as profit-making legal persons if the parties claim that the guarantee is invalid.
　　Article 6 [The ultra vires guarantee is effective when the counterpart is in good faith]The people’s court shall support the legal representative of the company who, without the company’s resolution procedure, exceeds his authority to conclude a guarantee contract with the counterpart on behalf of the company, and the bona fide counterpart requests the company to assume the guarantee responsibility.
　　The goodwill mentioned in the preceding paragraph means that the counterpart does not know or should not know that the legal representative has entered into a guarantee contract beyond his authority. The people’s court will not support the company’s claim that the other party is not in good faith on the grounds that the resolution of the organ is forged or altered by the legal representative, the resolution procedure is illegal, the signature is false, and the amount of guarantee exceeds the legal limit, unless the company has evidence to prove that the other party knows that the resolution is forged or altered.
　　Article 7 [Exceptions without Agency Resolution]In any of the following circumstances, the people’s court shall support the company’s claim to assume the guarantee liability even if the counterpart knows or should know that there is no company resolution:
　　(a) the company is a guarantee company whose main business is to provide guarantees for others, or a bank or non-bank financial institution that conducts letter of guarantee business;
　　(2) The company provides guarantee to the counterpart for the business activities of the company directly or indirectly controlled by it;
　　(3) The guarantee contract is signed and agreed by shareholders who individually or jointly hold more than two-thirds of the company’s voting rights on the guarantee matters.
　　Article 8 [Civil liability for ultra vires guarantee when the counterpart is not in good faith]If the legal representative enters into a guarantee contract on behalf of the company beyond his authority, and the non-bona fide counterpart requests the company at fault to bear civil liability, it shall be handled in accordance with the relevant provisions in the first and second paragraphs of Article 17 of these Provisions. After the company assumes the responsibility, the people’s court shall support it if it requests the legal representative to assume the liability for compensation.
　　Article 9 [Resolution Procedure for Debt Joining the Quasi-applicable Guarantee]The legal representative joins the debt in the name of the company in accordance with the provisions of Article 552 of the Civil Code, and the effect of this agreement shall be handled with reference to the relevant rules of this interpretation on the company providing guarantee for others.
　　Article 10 [Guarantee Provided by Listed Companies]If the legal representative of a listed company exceeds his authority to conclude a guarantee contract on behalf of the company, and the other party fails to review the information publicly disclosed by the listed company about the guarantee matters, such as the resolutions of the board of directors or the resolutions of the shareholders’ meeting, and requests the listed company to bear civil liability, the people’s court will not support it.
　　Article 11 [Effectiveness of Guarantee Provided by One-Man Company for its Shareholders]After providing a guarantee for its shareholders, a one-person limited liability company claims not to assume the guarantee responsibility on the grounds of violating the relevant provisions of the law on the company’s external guarantee, and the people’s court will not support it.
　　If a one-person limited liability company is unable to pay off other debts due to its guarantee liability, and other creditors request that the shareholders bear joint and several liabilities, the people’s court shall support it. The people’s court will not support the shareholder’s defense on the grounds that one-person limited liability company has an independent legal person status or the shareholder only bears limited liability.
　　Article 12 [Effectiveness of Guarantee Provided by Branches of the Company]The people’s court shall not support the company’s branches in providing external guarantees in their own names without the company’s resolution procedure, unless the other party is in good faith.
　　If a branch of a financial institution issues a letter of guarantee within the business scope recorded in its business license, or is authorized by a superior institution that has the right to engage in guarantee business, the people’s court will not support it if the financial institution or its branch claims that it will not bear the guarantee responsibility on the grounds of not being authorized in writing or not making a resolution according to law; Where a branch of a financial institution provides a guarantee other than the letter of guarantee business, the provisions of the preceding paragraph shall apply.
　　Article 13 [Joint Guarantee]If there are more than two guarantees for the same debt, and the guarantors make an agreement on the responsibility sharing after assuming the guarantee responsibility, and the guarantor who has assumed the responsibility requests other guarantors to share the losses that cannot be recovered from the debtor according to this agreement, the people’s court shall support it.
　　There is no agreement between the guarantors on the responsibility sharing after assuming the guarantee responsibility, but it constitutes a joint guarantee. If the guarantors who assume the guarantee responsibility request other guarantors to share the losses that cannot be recovered from the debtor in accordance with the provisions of Article 519 of the Civil Code, the people’s court shall support it. If several guarantors sign, seal or fingerprint the same contract, they may be deemed as joint and several guarantees.
　　Where there is no agreement between the guarantors on the responsibility sharing after assuming the guarantee responsibility, and it does not constitute joint and several guarantees, and the guarantor who has assumed the guarantee responsibility requests other guarantors to share the losses that cannot be recovered from the debtor, the people’s court will not support it.
　　Article 14 [Assigned Creditor’s Rights by Guarantor]There are more than two guarantees for the same debt, and after the guarantor receives the creditor’s rights, he requests the other guarantors to assume the guarantee responsibility. If the other guarantors claim to be exempted from the guarantee responsibility within the scope of the creditor’s rights, the people’s court shall support them in accordance with the provisions of Article 700 of the Civil Code, on the grounds that the behavior belongs to the guarantee responsibility.
　　After the guarantor receives the creditor’s rights, he requests the debtor to take responsibility according to the original creditor’s rights and debts. If the debtor claims to take responsibility only within the scope where the guarantor receives the creditor’s rights according to the provisions of Article 700 of the Civil Code, the people’s court shall support it.
　　Where the controlling shareholder, actual controller and the company directly or indirectly controlled by the guarantor request the guarantor or the debtor to bear the liability after the creditor’s rights are transferred or the guarantor’s close relatives transfer the creditor’s rights, the relevant provisions in the preceding two paragraphs shall apply mutatis mutandis.
　　Article 15 [Maximum Guarantee]The maximum amount of creditor’s rights in the maximum guarantee refers to all creditor’s rights, including the principal creditor’s rights and their interest, liquidated damages, damages, expenses for keeping the secured property and realizing the security right, unless otherwise agreed by the parties. If the registered maximum amount of creditor’s rights is inconsistent with the maximum amount of creditor’s rights agreed by the parties, and other creditors of the guarantor claim to determine the priority scope of compensation according to the registered maximum amount of creditor’s rights, the people’s court shall support it.
　　Article 16 [Borrowing the New and Returning the Old]If the parties to the main contract agree to repay the old loan with the new loan, and the new loan and the old loan are guaranteed by the same guarantor, and the creditor requests the guarantor of the new loan to continue to bear the guarantee responsibility, the people’s court shall support it according to law; If the new loan and the old loan are guarantees provided by different guarantors, or the old loan is unsecured and the new loan is secured, and the creditor requests the guarantor of the new loan to bear civil liability, the people’s court will not support it, except that the creditor has evidence to prove that the guarantor knows or should know that the creditor and the debtor have agreed to repay the old loan with the new loan.
　　If the parties to the main contract agree to repay the old loan with the new loan, and the creditor claims to exercise the security interest on the new loan on the grounds that the security interest on the old loan has not been cancelled, the people’s court will not support it, except that the parties agree to continue to provide guarantee for the new loan.
　　The guarantor of the agreed object of the parties continues to provide guarantee for the new loan, but before concluding a new loan contract, the guarantor sets a security interest for other creditors, and if other creditors claim that their security interest takes precedence over the new loan creditor, the people’s court will not support it. [Another opinion] The people’s court should support it.
　　Article 17 [Legal Consequences of Invalid Guarantee Contract]If the main contract is valid and the guarantee contract is not established, invalid, revoked or determined to be ineffective, it shall be determined whether and how the guarantor shall be liable for compensation according to different situations:
　　(1) If both the creditor and the guarantor are at fault, the guarantor shall bear no more than one-half of the unpaid part of the debtor;
　　(2) If the guarantor is at fault and the creditor is not at fault, the guarantor shall be liable for the part that the debtor cannot pay off;
　　(3) If the creditor is at fault and the guarantor is not at fault, the guarantor shall not be liable for compensation.
　　If the main contract is invalid and the guarantee contract is invalid, the guarantor shall not be liable for compensation without fault; If the guarantor is at fault, his liability for compensation shall not exceed one-third of the unpaid part of the debtor.
　　If the suretyship contract concluded between the creditor and a person who is not a guarantor according to the law or judicial interpretation is deemed invalid, and the creditor requests the guarantor to bear the liability for compensation, the people’s court will not support it.
　　Article 18 [Right of recourse against the debtor]The people’s court shall support the guarantor who has assumed the responsibility of guarantee or compensation to recover from the debtor. The people’s court shall support the debtor’s own guarantee of things and the guarantor who has assumed the responsibility of guarantee or compensation who claims to exercise the creditor’s right to guarantee the debtor within the scope of his responsibility.
　　Article 19 [Liability of Counter Guarantor]If the guarantee contract is invalid and the guarantor who has assumed the liability for compensation requests the counter-guarantor to assume the liability within the scope of his liability for compensation according to the stipulations of the counter-guarantee contract, the people’s court shall support it according to law.
　　If the counter-guarantee contract is invalid, it shall be handled in accordance with the relevant provisions of Article 17 of this Interpretation.
　　Article 20 [Reference Application of Guarantor’s Rights Protection Rules]The people’s court shall support the claim of a third party who provides a material guarantee for another person’s debts by referring to the relevant rules for the protection of the guarantor’s rights such as Articles 695, 700, 701 and 702 of the Civil Code.
　　Article 21 [Method of Dispute Resolution and Determination of Jurisdiction Court]Creditors sue the debtor and the guarantor at the same time. Both the principal creditor’s rights and debt contract and the guarantee contract stipulate the dispute settlement method or the competent court. If the agreement is inconsistent, the competent or competent matters shall be determined according to the agreement in the principal creditor’s rights and debt contract. If there is no agreement on the dispute settlement method or the competent court or only the guarantee contract, the competent court shall be determined according to the relationship between the principal creditor’s rights and debts.
　　In general guarantee, the creditor applies for adding the debtor as a co-defendant after suing the guarantor, and if the debtor raises jurisdiction objection, the court of jurisdiction shall be determined according to the relationship between the principal creditor’s rights and debts.
　　In the joint and several liability guarantee, the creditor only sues the guarantor, and if the dispute settlement method or the court of jurisdiction is stipulated in the guarantee contract, the competent or jurisdictional matters shall be determined according to this agreement; If there is no agreement on the dispute settlement method or the competent court, the competent court shall be determined according to the guarantee contract relationship.
　　Article 22 [Connection between Bankruptcy Procedure and Guarantee Liability]When the people’s court accepts the debtor’s bankruptcy case, if the creditor requests the guarantor to assume the guarantee responsibility for the unpaid part in the bankruptcy procedure, it shall do so within six months after the bankruptcy procedure ends.
　　If the people’s court accepts the debtor’s bankruptcy case, and the creditor files a lawsuit in the people’s court after declaring the creditor’s rights in the bankruptcy procedure, and requests the guarantor to assume the guarantee responsibility, the people’s court may directly judge the guarantor to assume the guarantee responsibility, but it should be clear in the judgment that the guarantor has the right to be compensated in the bankruptcy procedure instead of the creditor. The people’s court shall not support the guarantor’s claim for compensation from the debtor after reconciliation or reorganization after assuming the guarantee responsibility.
　　Article 23 [Consequences of the Guarantor’s Failure to Exercise the Right of Recovery in advance due to the Creditor]If the creditor knows or should know that the debtor is bankrupt, and neither declares the creditor’s rights nor notifies the guarantor, so that the guarantor cannot exercise the right of recourse in advance, the guarantor shall be exempted from the guarantee liability to the extent that the creditor’s rights may be compensated in the bankruptcy proceedings.
　　After the people’s court accepts the debtor’s bankruptcy case, if the creditor fails to declare his creditor’s rights, the guarantor jointly guaranteed shall declare his creditor’s rights as a subject and exercise the right of recourse in advance.
　　Article 24 [Interest on secured debt stops when the debtor goes bankrupt]After the people’s court accepts the debtor’s bankruptcy case, the creditor requests the guarantor to assume the guarantee responsibility, and if the guarantor claims that the guarantee responsibility will stop bearing interest from the date when the people’s court accepts the bankruptcy application, the people’s court shall support it.
　　Second, about the guarantee contract
　　Article 25 [Parties to General Guarantee]In general guarantee, the people’s court shall accept the lawsuit brought by the creditor with the debtor and the guarantor as co-defendants, but it should be clear in the judgment that the guarantor shall only assume the guarantee responsibility for the part of the debtor’s property that cannot be performed after being enforced according to law; Where the creditor applies for the preservation of the property of the general guarantor, the people’s court shall not support it, except that the evidence proves the existence of the circumstances stipulated in the second paragraph of Article 687 of the Civil Code.
　　In general guarantee, if the creditor only sues the guarantor, the people’s court may explain it to him and inform him to add the debtor as a co-defendant; If the creditor refuses to add, it may dismiss its lawsuit, except as otherwise provided by laws and judicial interpretations.
　　Article 26 [Warranty Period of General Warranty]The creditor of general guarantee only sues the guarantor, and it is explained that when applying for adding the debtor as a co-defendant, if the guarantor claims not to bear the guarantee liability after the expiration of the guarantee period, the people’s court shall support it.
　　The creditor of general guarantee has not brought a lawsuit or applied for arbitration against the debtor within the guarantee period. Even if there is evidence to prove that he has claimed the right to the guarantor, the people’s court shall support the guarantor’s claim that he will not assume the guarantee responsibility after the guarantee period expires.
　　Article 27 [Limitation of Action for General Guarantee]If the debtor has no property to execute after the creditor of general guarantee brings a lawsuit against the debtor or applies for arbitration within the guarantee period, and the people’s court makes an order to terminate the execution within six months from the date of receiving the application for execution, the limitation of action for the secured debt shall be calculated from the date when the order takes effect; If the people’s court fails to make a ruling within six months from the date of receiving the application for execution, the limitation of action for secured debts shall be counted from the date of expiration of six months from the date of receiving the application for execution.
　　Article 28 [Joint Guarantee and its Guarantee Period]There are more than two guarantees for the same debt, and the guarantors constitute joint and several guarantees. When the creditor claims rights from the guarantors according to law during the guarantee period, the guarantors can prove that the creditor failed to claim rights from other guarantors according to law during the guarantee period, resulting in its inability to exercise the right of recourse, and accordingly claim to be exempted from the guarantee liability within the scope of its inability to exercise the right of recourse, the people’s court shall support it.
　　If there are more than two guarantees for the same debt, and the guarantors do not constitute joint and several guarantees, the people’s court will not support the creditor’s claim that the effect of the act is extended to other guarantors on the grounds that he has claimed rights from one guarantor according to law within the guarantee period.
　　For the same debt, there are both general guarantee and joint and several liability guarantee, and the people’s court will not support it if the guarantor of the general guarantee claims to bear the guarantee responsibility only for the part that the joint and several liability guarantor cannot pay off.
　　Article 29 [Guarantee Period of Maximum Guarantee]In the maximum amount guarantee contract, the guarantee period is calculated separately for the guaranteed debts one by one, unless otherwise agreed by the parties on the calculation method and starting date of the guarantee period.
　　Article 30 [Does Withdrawal of Lawsuit Affect Warranty Period]If the creditor of general guarantee brings a lawsuit or applies for arbitration against the debtor within the guarantee period and then withdraws the lawsuit or arbitration application, it will not affect the guarantee period.
　　If the creditor of the joint and several liability guarantee has filed a lawsuit or applied for arbitration against the guarantor within the guarantee period, and then withdrew the lawsuit or arbitration application, and a copy of the indictment or arbitration application has been served on the guarantor, the people’s court shall hold that the creditor has claimed the rights from the guarantor within the guarantee period.
　　Article 31 [Guarantee Period when Guarantee Contract is Invalid]If the suretyship contract is invalid, cancelled or determined to be ineffective, the creditor fails to exercise his rights according to law within the suretyship period, and the guarantor claims not to be liable for compensation, the people’s court shall support it.
　　Article 32 [Active Review during Warranty Period]The people’s court shall examine the fact that the guarantee period has expired ex officio when trying the relevant dispute cases involving the guarantee contract.
　　Article 33 [Providing guarantee for debts beyond the limitation of action]If the guarantor voluntarily assumes the guarantee liability after the expiration of the limitation of action for the principal debt, and later claims not to assume the guarantee liability on the grounds of the expiration of the limitation of action, the people’s court will not support it; The people’s court shall not support the guarantor’s claim against the debtor after assuming the guarantee responsibility for the debt whose limitation of action has expired.
　　After the expiration of the limitation of action for the principal debt, the people’s court shall not support the request of the guarantor who provides another guarantee to cancel the guarantee contract or confirm that the guarantee contract is invalid, except that he can prove that the guarantee contract is revocable or invalid.
　　Article 34 [Identification of Guarantee Types]If a third party provides a similar commitment document such as margin replenishment and liquidity support as a credit enhancement measure, if it means to provide a guarantee, and the creditor requests the third party to assume the guarantee responsibility, the people’s court shall handle it in accordance with the relevant provisions of the guarantee, but the provisions of the guarantee period shall not apply.
　　The people’s court shall examine whether the third party has the intention to share the debt with the debtor when determining whether the third party constitutes the debt as stipulated in Article 552 of the Civil Code. The third party’s expression of will can’t be determined as debt joining. If there is an expression of will to provide guarantee, it shall be deemed as guarantee.
　　Article 35 [Guarantee Insurance]Disputes arising from the guarantee insurance shall be governed by the provisions of the Insurance Law.
　　The people’s court shall support the insurer’s claim for compensation from the debtor within the scope of compensation after it has compensated the insured in accordance with the guarantee insurance contract. The people’s court shall support the insurer’s request that the debtor calculate the loss of insurance premium occupation according to the quoted interest rate of one-year loan market at the time of insurance premium payment. If the insurer requests the debtor to pay liquidated damages and other expenses as agreed, the people’s court will not support it.
　　Third, about the security interest
　　(A) the effectiveness of the security contract and the security interest
　　Article 36 [Validity of Mortgage Contract Without Mortgage Registration]The validity of the guarantee contract shall not be affected if the property whose ownership is unknown or controversial, the property sealed up or detained, the property within the customs supervision period, etc. is used as a guarantee. If the creditor requests the guarantor to bear the liability for breach of contract within the agreed value range of the secured property due to the failure to register, the people’s court shall support it, but it shall not exceed the liability that the guarantor should bear when the security interest is effectively established.
　　Article 37 [Indivisible Property]If the principal creditor’s rights have not been fully paid off, and the holder of the security interest claims to exercise the security interest on all the secured property, the people’s court shall support it according to law.
　　If the secured property is divided or partially transferred, and the obligee for security claims to exercise the mortgage right on the divided or transferred secured property, the people’s court shall support it according to law.
　　Article 38 [Individuality of Principal Creditor’s Rights]If the principal creditor’s rights are divided or partially transferred, and each creditor claims to exercise the security interest on his share of creditor’s rights, the people’s court shall support it according to law.
　　If the principal debt is divided or partially transferred, the guarantor still guarantees several debtors to perform their debts with his secured property. However, if a third party provides a guarantee, and the creditor allows the debtor to transfer the debt without the written consent of the guarantor, and the creditor requests the guarantor to assume the guarantee responsibility for the debt transferred without the consent of the guarantor, the people’s court will not support it.
　　Article 39 [Mortgage and Collateral]Before the mortgage is established, it is an accessory to the mortgaged property. If the mortgagee claims that the mortgage is effective and is an accessory, the people’s court shall support it, unless otherwise agreed by the parties or the mortgaged property and the accessory are owned by two or more people respectively.
　　After the mortgage is established, it is an accessory to the mortgaged property. If the mortgagee claims that the mortgage is effective and is an accessory, the people’s court will not support it, but it can be disposed of together when the mortgage is realized.
　　Article 40 [Mortgages and Attachments]After the mortgage is established, the mortgaged property is attached, mixed or processed, and the mortgagor has the ownership of the attached property, mixture or processed product. If the mortgagee claims that the mortgage is effective to the attached property, mixture or processed product, the people’s court shall support it according to law.
　　If the third party’s attachment, mixing or processing of the mortgaged property makes the mortgagor and the third party co-owners of the attachment, mixture or processed product, and the mortgagee claims that the effectiveness of the mortgage is limited to the mortgagor’s share of the co-ownership, the people’s court shall support it. If the third party’s attachment, mixing or processing of the mortgaged property leads to the decrease in the value of the mortgaged property, and the mortgagee claims priority compensation for the third party’s share of the common property within the range of the decrease in the value of the mortgaged property, the people’s court shall support it.
　　Article 41 [Property Subrogation Effect of Mortgage]After the establishment of the mortgage right according to law, the mortgaged property is damaged, lost or expropriated, and the mortgagee requests the obligor to be compensated in priority for insurance, compensation or compensation according to the original mortgage right, and the people’s court shall support it.
　　If the obligor for payment has already paid the mortgagor insurance money, compensation money or compensation money, and the mortgagee requests the obligor for payment of insurance money, compensation money or compensation money, the people’s court will not support it, except that the obligor for payment still pays the mortgagor after the mortgagee notifies the obligor for payment in writing.
　　Article 42 [Transfer of Mortgaged Property]If the mortgagee claims that the mortgage property transfer contract is invalid on the grounds that the mortgage contract prohibits or restricts the transfer of the mortgaged property, the people’s court will not support it. The agreement prohibiting or restricting the transfer of the mortgaged property has been registered. If the mortgagor transfers the mortgaged property and the mortgagee requests to cancel the contract, the people’s court shall support it.
　　Under any of the following circumstances, the people’s court shall support the mortgagee’s request that the transfer of mortgaged property may damage his mortgage right and the mortgagor use the proceeds from the transfer to pay off debts in advance or deposit them:
　　(a) the mortgage contract prohibits or restricts the transfer of mortgaged property;
　　(2) If the mortgaged property is a commercial house, the transferee is the commercial house consumer whose rights have priority over the mortgagee according to law;
　　(3) Other circumstances in which the transfer of mortgaged property may damage the mortgage right.
　　Article 43 [Legal Consequences of Expiration of Limitation of Action for Principal Creditor’s Rights]After the limitation of action for principal creditor’s rights expires, if the mortgagee requests to exercise the mortgage right, the people’s court will not support it; The people’s court shall support the mortgagor’s request for cancellation of mortgage registration after the expiration of the limitation of action for principal creditor’s rights. If the creditor claims the debtor’s rights within the limitation period, and fails to apply to the people’s court for enforcement within the statutory period after winning the judgment, and then requests to exercise the mortgage right, the people’s court will not support it.
　　The provisions of the preceding paragraph shall apply to the pledge of rights with registration as the publicity method.
　　After the limitation of action for principal creditor’s rights expires, the people’s court shall support the pledgor and debtor’s request for the return of pledged property or retained property if the debtor fails to perform his obligations. [Another view] The people’s court does not support it.
　　Article 44 [Procedures for Realizing Security Interests] If the parties agree that when the debtor fails to perform the due debt or the situation of realizing the security interest agreed by the parties occurs, the security interest holder can discount the secured property or auction or sell it by himself and get priority compensation for the proceeds, the agreement is valid. If the mortgagee is unable to discount, auction or sell the secured property by himself due to the guarantor, and the mortgagee requests the guarantor to bear the increased expenses, the people’s court shall support it.
　　If the parties apply for auction or sale of the secured property in accordance with the provisions of the Civil Procedure Law on "cases of realizing security interests", the respondent claims to reject the application on the grounds that the arbitration clause in the guarantee contract is stipulated, and the dispute is settled through arbitration. After hearing the case, the people’s court shall handle it according to the following circumstances:
　　(1) If the parties have no substantive dispute over the real right for security and the conditions for realizing the real right for security have been achieved, they shall make an order to allow the auction or sale of the secured property;
　　(2) If the parties have some substantive disputes over the realization of the security interest, they may rule that the auction or sale of the secured property is allowed for the undisputed part, and inform them that they can apply for arbitration for the disputed part;
　　(3) If the parties have substantive disputes over the realization of the security interest, they shall rule to reject the application and inform them that they can apply for arbitration on the disputed part.
　　Where a creditor claims to exercise a security interest by way of litigation, the debtor and the guarantor shall be co-defendants.
　　(2) Mortgage of real estate
　　Article 45 [Validity of Real Estate Mortgage Contract]The people’s court shall support the creditor’s request to the mortgagor to go through the mortgage registration formalities after the real estate mortgage contract comes into effect; If the mortgage registration cannot be handled due to the loss of the mortgaged property or the transfer of the mortgaged property, and the creditor requests the mortgagor to bear the liability for breach of contract within the agreed value of the mortgaged property, the people’s court shall support it, but it shall not exceed the liability that the mortgagor should bear when the mortgage can be effectively established.
　　Article 46 [Effectiveness of Real Estate Register]The records made in the real estate register on the mortgaged property and the secured creditor’s rights are inconsistent with those stipulated in the mortgage contract. If the parties claim that the contents recorded in the register shall prevail, the people’s court shall support them.
　　Article 47 [Consequences of Failure to register due to reasons of the registration department]When a party applies for the registration of mortgaged property, it is unable to register the mortgaged property due to the fault of the registration department, and if the party requests the registration authority to bear the liability for compensation according to law, the people’s court shall support it.
　　Article 48 [Illegal Building Mortgage]The mortgage contract shall be invalid if the building confirmed as illegal or illegal by legal procedures is mortgaged. The legal consequences of the invalidity of the mortgage contract shall be handled in accordance with the provisions of the first and second paragraphs of Article 17 of this Interpretation.
　　Article 49 [Mortgage of Allocated Land Use Rights]The people’s court shall not support the mortgagor’s claim that the mortgage contract is invalid or ineffective on the grounds that it has not been approved by the people’s government with the right of approval. The people’s court shall support the creditor’s request that the mortgagor bear the liability for breach of contract because the failure to register the mortgage has caused losses to the creditor.
　　The people’s court shall not support the mortgagor’s mortgage on the house allocated with the right to use the construction land, and the parties request to confirm that the mortgage contract is invalid on the grounds that the allocated land use right cannot be mortgaged. When the mortgage is realized, the proceeds from the auction and sale of the house shall be used in priority to pay the transfer fee for the right to use the construction land.
　　Article 50 [Integral Mortgage of Premises]The people’s court shall support the claim of the creditor that the mortgage is valid only for the right to use the construction land, and that the creditor claims the validity of the mortgage on the existing buildings and the completed parts of the buildings under construction. The people’s court does not support the creditor’s claim that the validity of the mortgage extends to the continued part of the building under construction and the new building.
　　If the mortgagor mortgages the right to use the construction land and the buildings on it or the buildings under construction to different creditors respectively, the people’s court shall determine the order of mortgage according to the order of registration.
　　Article 51 [Mortgage Advance Notice Registration]After the parties set up mortgage with pre-purchased commercial housing and registered the mortgage advance notice, the creditor requests to exercise the mortgage right, and if the first registration has been registered after examination, it shall be deemed that the mortgage right has been established since the date of registering the advance notice; If the first registration has not been made, the claim shall be rejected, but the effectiveness of the mortgage notice registration shall not be affected.
　　If the mortgaged property is auctioned or sold by the people’s court, the people’s court shall support it if the right holder of advance notice registration claims priority in compensation for the mortgaged property and has gone through the first registration after examination; If the first registration has not been made, the application shall be rejected, but the obligee of advance notice registration shall be informed that he can claim the right to exercise the mortgage from the transferee from the date of the first registration.
　　If the mortgagor is declared bankrupt by the people’s court within the validity period of the advance notice registration after the parties concerned handle the advance notice registration, and the right holder of the advance notice registration claims priority in repayment of the mortgaged property, the people’s court shall support it.
　　(3) Movable property and security of rights
　　Article 52 [General Description of Guaranteed Property]The parties make a general description of the secured property in the chattel guarantee contract. If the relevant description is enough to reasonably identify the secured property, the guarantee contract shall be deemed to be established.
　　The description of the guaranteed property in the chattel guarantee contract does not meet the reasonable identification standard, and it is still impossible to distinguish the property from the other properties of the guarantor after correction. If the guarantor claims that the guarantee contract is not established, the people’s court shall support it.
　　Article 53 [Effectiveness of Unregistered Chattel Mortgage Contract]If the mortgagor transfers, leases or transfers the mortgaged property after the chattel mortgage contract is signed, the people’s court will not support it, unless the mortgagee can prove that the transferee or lessee is malicious.
　　If the mortgagor’s other creditors apply to the people’s court for the preservation or enforcement of the mortgaged property after the signing of the chattel mortgage contract, and the mortgagee claims that the chattel has priority in compensation, the people’s court will not support it.
　　If the mortgagor fails to register the mortgage after the signing of the chattel mortgage contract, and the creditor claims that the chattel should be paid first, the people’s court will not support it.
　　Article 54 [Pledge of Property under the Supervision of a Third Party]The creditor, the pledgor and the supervisor conclude a tripartite agreement, and the pledgor guarantees the creditor’s rights with goods within a certain period of time or a certain value. If the parties have evidence to prove that the supervisor is entrusted by the creditor to supervise and possess the pledged property, the people’s court shall determine that the pledge is established from the day when the supervisor occupies the pledged property. If the supervisor releases goods to the pledgor in violation of the agreement and the pledged property is damaged or lost due to improper storage, and the creditor requests the supervisor to bear the liability for breach of contract, the people’s court shall support it according to law.
　　The creditor, the pledgor and the supervisor enter into a tripartite agreement, and the pledgor guarantees the creditor’s rights with goods within a certain period of time or value. If the parties have evidence to prove that the supervisor is entrusted by the pledgor to supervise the pledged property, or the pledgor fails to actually perform the supervisory duties despite being entrusted by the creditor, resulting in the pledged property still being under the control of the pledgor, the people’s court shall hold that the pledge right is not established. The creditor may request the pledgee to bear the liability for breach of contract based on the agreement in the pledge contract, but its scope shall not exceed the liability that the pledgee shall bear when the pledge right is effectively established. If the supervisor fails to perform his supervisory duties and the creditor requests the supervisor to bear the liability for breach of contract, the people’s court shall support it according to law.
　　Article 55 [Price Priority]Enterprises, individual industrial and commercial households, agricultural producers and operators set floating mortgages on their existing and existing production equipment, raw materials, semi-finished products and products, and then purchase movable property by way of ownership retention or financial lease. If the seller or lessor handles the publicity of the movable property retention or financial lease within 10 days after the delivery of the movable property, the people’s court shall support it if it claims that its rights are prior to the floating mortgage according to the provisions of Article 416 of the Civil Code.
　　Article 56 [Bill of Lading Pledge]In the letter of credit transaction, if the issuing bank holds the bill of lading according to the agreement between it and the applicant, and the issuing bank claims its ownership of the goods under the bill of lading on the grounds of holding the bill of lading, the people’s court will not support it. The people’s court shall support the issuing bank’s claim that the goods under the bill of lading should be paid first.
　　Article 57 [Pledge of Bills of Exchange]If a bill of exchange is pledged, but the word "pledge" is not recorded in the endorsement, and the pledgee claims that the pledge has been established only on the grounds that the bill has been delivered, the people’s court will not support it.
　　If a bill of exchange is pledged, although the word "pledge" is recorded in the endorsement, but the bill is not signed, and the pledgee claims that the pledge has been established, the people’s court will not support it.
　　Article 58 [Warehouse Receipt Pledge]Warehouse receipts must record the items specified in Article 909 of the Civil Code. If a party pledges a warehouse receipt that does not meet the provisions of this article, the people’s court shall deem the pledge of the warehouse receipt invalid.
　　After the pledgor pledges the warehouse receipt that meets the legal requirements, the pledgee establishes a pledge for other creditors with the stored goods, and the pledgee requests to confirm that the pledge of the stored goods is invalid, and the people’s court shall support it. [Another point of view] We should comprehensively examine whether the pledge is effectively established and the order of establishment to determine the repayment order.
　　If multiple warehouse receipts have been issued on the same warehouse, and the parties have set up multiple warehouse receipts as pledges, the people’s court shall support the creditor who first obtained the warehouse receipts to claim priority in compensation for the warehouse; If the order of obtaining warehouse receipts cannot be determined, the creditors who have obtained warehouse receipts will be compensated equally according to the proportion of their claims.
　　Article 59 [Pledge of Accounts Receivable]If the existing accounts receivable are pledged, the pledgee requests the debtors of accounts receivable to perform their debts, and the debtors of accounts receivable claim that they are not liable on the grounds that the accounts receivable do not exist from the beginning, and the creditors cannot prove that the accounts receivable really exist at the time of pledge registration, the people’s court will not support their request for priority compensation for the accounts receivable; If the debtor of accounts receivable claims that the accounts receivable have been eliminated when the pledge registration is handled, but fails to prove it, the people’s court will not support it. If the creditor and debtor of accounts receivable pledge fictitious accounts receivable, and the pledgee requests the debtor of accounts receivable to perform the debt, the people’s court shall support it, unless the pledgee knows the fiction.
　　If the existing accounts receivable are pledged, the parties concerned fail to notify the debtors of the accounts receivable, and the debtors of the accounts receivable perform their debts to the creditors, and the pledgee requests priority in compensation for the money obtained by the creditors, the people’s court will not support it; The people’s court shall support the pledgee who has notified the debtor of accounts receivable that the debtor of accounts receivable still performs to the creditor, resulting in the extinction of accounts receivable, and requests the creditor and the debtor of accounts receivable to bear joint and several liability for compensation.
　　Where the charging right of real estate such as highway bridges, highway tunnels or highway ferries is pledged, the parties set up a specific account for the accounts receivable, and the pledgee requests priority compensation for the accounts receivable in the specific account when there is a legal or agreed reason for realizing the pledge right, the people’s court shall support it; The people’s court shall support the pledgee’s request for auction or sale of accounts receivable without setting a specific account.
　　Article 60 [Lien]If the debtor fails to perform the due debt, the creditor retains the movable property that the debtor has legally possessed, and the actual owner of the movable property requests to return the property, the people’s court will not support it.
　　IV. Other guarantees with guarantee function
　　Article 61 [Guarantee without legal registration agency]If the creditor and the guarantor conclude a guarantee contract, and stipulate that the property that is not prohibited or allowed to be pledged by laws and administrative regulations is set as a guarantee by registration as a publicity method, it will not have the effect of real right if it is not registered in the statutory registration agency. The people’s court shall support the request of the parties to pay off the debts by discounting the property or the proceeds from sale or auction as agreed in the guarantee contract.
　　Article 62 [Financing Lease]If the parties to a financial lease agree that the lease item shall be owned by the lessee after the lease term expires, and the lessee fails to pay the remaining rent after paying part of the rent, and the lessor requests the lessee to pay the remaining rent and give priority to the compensation of the lease item, the people’s court may refer to the procedures for realizing the applicable security interest.
　　If the parties to a financial lease agree that the lease item shall be owned by the lessee after the lease term expires, and the lessee fails to pay the remaining rent after paying part of the rent, and the lessor requests to terminate the contract and recover the lease item, the people’s court may refer to the procedures for realizing the applicable security interest. If the lessee claims that the value of the leased property recovered exceeds the unpaid rent and other expenses, the people’s court shall determine the value of the leased property in accordance with the provisions of the financial lease contract; If there is no agreement or unclear agreement in the financial lease contract, the value of the lease item can be determined by referring to the depreciation of the lease item agreed in the financial lease contract and the residual value of the lease item after the expiration of the contract.
　　Article 63 [Retention of Ownership]If the parties agree that the seller shall retain the ownership of the contract property, and the seller files a lawsuit to claim back the property according to Article 642 of the Civil Code, the people’s court shall explain it to him and inform him to claim his rights with reference to the realization procedure of the security right. If the seller refuses, the people’s court shall reject the seller’s claim.
　　Article 64 [Factoring]Factoring and pledge of accounts receivable exist in the same account receivable at the same time, and the people’s court shall support it if the parties claim to determine the priority by referring to the provisions of Article 768 of the Civil Code.
　　If the parties agree on the factoring with recourse, the people’s court shall support the factor in bringing a lawsuit with the creditor of accounts receivable and the debtor as co-defendants and requesting joint liability; If the creditor’s rights of accounts receivable obtained by the factor from the debtor of accounts receivable exceed the principal and interest of factoring financing and related expenses, and the creditor of accounts receivable requests the factor to return the excess and its interest, the people’s court shall support it.
　　Article 65 [Validity of Contract with Guarantee Function]The scope and effectiveness of the bona fide "third party" that the obligee’s rights are not registered for contracts with guarantee functions such as ownership retention, factoring and financial leasing shall be dealt with with with reference to Article 53 of these Provisions.
　　Article 66 [Guarantee for Formal Transfer of Property to Creditor’s Name]If the debtor or a third party enters into a contract with the creditor on the transfer of property with a repurchase clause, and it is agreed that the property will be formally transferred to the creditor’s name to guarantee the performance of the debt, and the debtor fails to perform the due debt and the property belongs to the creditor, the people’s court shall consider this part of the agreement invalid, but it will not affect the validity of other parts of the contract.
　　According to the contract agreed in the preceding paragraph, the parties have formally transferred the property to the creditor’s name in the form of publicity of the change of property rights, and the debtor fails to perform the due debts, and the creditor requests to confirm that the property belongs to him, and the people’s court will not support it. If a party requests auction or sale of property, and the proceeds are used to give priority to compensation or pay off debts, the people’s court shall support it.
　　Article 67 [Guarantee for Formal Transfer of Equity to Creditor’s Name]Shareholders provide guarantee for debt performance by transferring their equity to creditors’ names, and the people’s court does not support the company or its creditors’ request that creditors as nominal shareholders and shareholders bear joint and several liabilities on the grounds that shareholders fail to perform or fully perform their capital contribution obligations or withdraw their capital contribution.
　　When the people’s court determines whether a transaction is equity transfer or equity transfer to the creditor’s name to provide guarantee for debt performance, it needs to comprehensively examine the following factors:
　　(a) whether there is a secured principal creditor-debtor relationship;
　　(2) Whether there is an equity repurchase clause;
　　(3) Whether the shareholders enjoy and exercise their rights.
　　Article 68 [Margin]After the debtor or a third party specified his money in the form of special account or security deposit, he handed it over to the creditor for possession as a guarantee for the creditor’s rights. If the debtor fails to perform the debt, the creditor claims that the money should be paid in priority, and the people’s court should support it.
　　If the debtor or a third party takes a specific account such as its money deposits received account as a guarantee, and the creditor who can actually control the specific account claims that the money in the specific account is given priority, the people’s court shall support it.
　　If the deposit agreed by the parties does not meet the provisions of the preceding two paragraphs, and the creditor claims priority in payment of the deposit, the people’s court will not support it, but it will not affect the parties’ claim of rights according to the agreement.
　　V. Supplementary Provisions
　　Article 69 [Scope of Application]This interpretation shall come into force as of January 1, 2021.
　　The civil code and this interpretation shall apply to the guarantee behavior that occurs after the implementation of the civil code. The guarantee behavior that occurred before the implementation of the Civil Code shall be governed by the laws and judicial interpretations at that time; If there are no provisions in the laws at that time, the Civil Code and this interpretation can be applied.

　　Xinhua News Agency, Beijing, May 7-American sources disclosed on the 5th that with the approaching date of the federal government hitting the current legal debt ceiling of 31.4 trillion US dollars in June, the White House is considering pushing the Democratic Party and the Republican Party to reach a short-term agreement on temporarily raising the debt ceiling and maintaining it until September, so as to gain time for solving multiple problems such as the debt ceiling, but the relevant plan has not yet been finalized.

　　keep a way open for retreat

　　NBC News reported on May 5th that the White House has not yet decided to push the two parties in Congress to reach a short-term agreement, but it is still seeking to reach a long-term agreement. However, White House aides are discussing a series of alternatives to avoid economic disaster due to failure to find a solution by the end of May.

　　This is a US dollar bill taken in Washington, DC on September 18, 2019. Xinhua News Agency reporter Liu Jie photo

　　One of them will invoke the 14th Amendment to the US Constitution. During the debt ceiling crisis in 2011, some people cited the fourth paragraph of the 14th Amendment, arguing that the debt ceiling would be invalid because it was unconstitutional as long as it interfered with the federal government’s debt repayment, and the president had the right to unilaterally raise or ignore the debt ceiling. However, this statement is legally controversial.

　　The debt ceiling is the maximum amount that the US Congress sets for the federal government to borrow to fulfill the payment obligations it has already incurred. Touching this "red line" means that the US Treasury Department’s borrowing authorization is exhausted, and unless Congress raises the debt ceiling, the White House has no right to continue borrowing.

　　According to two people familiar with the matter, the White House is considering pushing the Democratic and Republican parties in Congress to reach an agreement on raising the debt ceiling until September, so as to gain several months for the two sides to conduct more comprehensive negotiations on federal government expenditures, and the relevant time period coincides with the end of the fiscal year in Japan on September 30, and the two sides may negotiate the federal government budget for the next fiscal year together.

　　This is the capitol in Washington, DC, on January 19th. Xinhua News Agency (photo by Shen Ting)

　　According to the statistics of the American Chamber of Commerce, since 1993, the United States has temporarily raised the debt ceiling six times, all of which are aimed at gaining time for negotiating a broader plan.

　　A private sector executive who has regular contact with the government said: "The White House may not push for short-term agreements, but they don’t need more drama and uncertainty in the economy. The economy is now on the verge. "

　　The data shows that the real GDP of the United States increased by only 1.1% at an annual rate in the first quarter of this year. Some analysts infer that the debt ceiling crisis superimposed on the Federal Reserve’s aggressive interest rate hike may trigger the US economic recession. The White House Council of Economic Advisers predicted this week that if the debt ceiling negotiations are delayed to the deadline, the US economy may shrink by 0.3%.

　　Regarding the prospect of the Republican Party’s acceptance of the short-term agreement, NBC News said that unless the two parties talk about more results on the debt ceiling, the short-term agreement "may not be helpful."

　　On April 24th, US President Biden attended the event at the White House in Washington, DC. Xinhua News Agency (photo by Aaron)

　　Start negotiations

　　At present, the Democratic and Republican parties are still tearing at the debt ceiling. Republicans insist that raising the debt ceiling must be based on a substantial reduction in federal government spending, while Democrats say that the debt ceiling should be raised unconditionally.

　　On April 26th, the House of Representatives passed a bill put forward by the Republican Party, aiming at the government of Democratic President joseph robinette to promote many policies involving economic, social, people’s livelihood and other fields. On the premise of reducing federal government spending by 4.5 trillion US dollars in 10 years, the bill proposes to suspend the debt ceiling at 31.4 trillion US dollars by March 31 next year; If the two parties can agree to raise the debt ceiling by another $1.5 trillion before this time limit, this time limit will be invalid.

　　The US Treasury Department has used "unconventional measures" to avoid debt default since January 19th this year. Finance Minister janet yellen warned that at the current rate of borrowing by the federal government, the current statutory debt ceiling could be reached as early as June 1st. Biden has invited the leader of the Democratic Party, Speaker of the House of Representatives, Republican Kevin McCarthy and Republican leader of the Senate, Mitch McConnell, to the White House for talks on the debt ceiling on the 9th of this month.

　　On May 3, US Federal Reserve Chairman Powell attended a press conference in Washington. The US Federal Reserve ended its two-day monetary policy meeting on the 3rd and announced that it would raise the target range of the federal funds rate by 25 basis points to 5% to 5.25% again. Xinhua News Agency reporter Liu Jie photo

　　According to NBC News, the White House’s current public position is still to seek a long-term agreement, and intends to promote the "two-track process", that is, to separate government spending from the debt ceiling.

　　Biden once again criticized the hard-line conservatives in the Republican Party on the 5th, saying that they pushed for "severe" government spending cuts and did not agree to directly raise the debt ceiling, while the United States "the last thing it needs is a man-made crisis". Reuters said that this shows that the White House will not compromise significantly when it meets on the 9th.

　　However, according to people familiar with the two parties, the closer the deadline is, the more likely it is to persuade the other party to make concessions.

　　Dasti Johnson, McCarthy’s close friend and chairman of the moderate "Main Street Caucus" of the Republican Party in the House of Representatives, hinted that if the White House "understood our values", that is, the conditions for spending cuts proposed by the Republican Party, "they would find Republicans willing to listen". (ocean)

　　Shenzhen, China, March 16 (Reporter Xiao Yuan) According to the Voice of China report, with the prosperity of the Internet, the Internet has become the main channel for more and more people to shop, especially some foreign products. Through the Internet, you can "stay at home and buy all over the world". Foreign foods such as rice and milk powder account for a considerable share of cross-border shopping by domestic consumers.

　　However, are these foreign foods really safe? Recently, the reporter found that a considerable amount of food from Japan’s nuclear radiation area is flowing into China through cross-border e-commerce and overseas purchase. As early as 2011, the competent authorities of our government explicitly prohibited food and agricultural products from ten prefectures in Japan in the nuclear radiation zone from entering our country for sale.

　　In February this year, China’s Foreign Ministry issued several safety reminders on the nuclear radiation problem in Fukushima, Japan. A spokesperson for the Ministry of Foreign Affairs said that any responsible government will continue to pay close attention to the Fukushima nuclear leak in Japan and its impact on the marine environment, food safety and human health.

　　"Kalebi" brand cereal from Tochigi Prefecture, Japan is on sale in Taobao, with hundreds of thousands of packages sold every month.

　　On March 11th, 2011, a major nuclear accident occurred at the Fukushima nuclear power plant in Japan. Since then, the incident has attracted the attention of international public opinion around nuclear pollution and countermeasures. The shadow of "Fukushima sequela" has been hard to disperse. In that year, the General Administration of Quality Supervision, Inspection and Quarantine issued a document that food, edible agricultural products and feed from 10 prefectures and counties such as Fukushima, Tochigi, Niigata and Tokyo in Japan were not allowed to be imported.

　　However, the reporter’s investigation found that a considerable number of domestic e-commerce platforms sell food suspected of coming from nuclear radiation areas in Japan. Information from Shenzhen Market Inspection Bureau, including JD.COM Mall, Taobao, No.1 Store, Amazon China, Dangdang.com, COFCO Womai.com, Gome Online, Suning.cn, Rainbow Scarf and other e-commerce platforms, all sell a "Kalebi" brand cereal made in Japan, and a considerable part of it comes from Tochigi, which is one of the ten counties where imports are prohibited.

Kalebi cereal, the packaging indicates the origin of Tokyo, and the front production factory of the packaging bag is Tochigi Prefecture.

　　The salesperson of the Red Scarf Cross-border E-commerce Experience Store said: "The mail came from the bonded area, and it can be mailed to your home. This sale is ok."

　　The salesperson of the FRESTA cross-border e-commerce experience store said: "It seems that there is no spot on the Internet, it is on Tmall or Taobao, and then it is directly mailed from Japan. Place an order on Tmall and mail it directly to your home. "

　　As a matter of fact, many merchants are very clear about the state’s explicit prohibition of importing food from Japan’s nuclear radiation zone.

　　Some merchants told reporters: "This is it. To be honest, I also checked it online, saying that it is owned by Japan and I dare not sell things."

　　Some merchants also said: "This kind of thing is very sensitive. As you know, there is nuclear radiation in Japan, so what should I do if I don’t allow imported food?" No customs declaration. Some of them came in through the bonded area. "

　　According to the statistics of Shenzhen Municipal Bureau of Market Inspection, in the past five years, in Shenzhen alone, one million packages of Kalebi cereal were sold through Taobao platform. The Taobao platform has thousands of such cereal sales stores nationwide, with monthly sales of hundreds of thousands of packages.

　　A manager dealing in imported food from Japan said that only a few businesses in the market do not do this kind of business. "The origin of Kalebi cereal is in the radiation zone, and many people in the market are selling it. The country itself prohibits it, but only a few people are unwilling to sell it. "

　　After more than half a year’s investigation, the Shenzhen Municipal Market Inspection Bureau recently filed an investigation on Shenzhen Dolphin Cross-border Technology Co., Ltd., a subsidiary of Shenzhen Youshu. According to the person in charge of the company, the company is the largest supply chain platform for importing maternal and child products in China, providing goods for many domestic e-commerce, and is also the largest wholesaler of Kalebi cereal in China at present.

　　The staff of Shenzhen Market Inspection Bureau said that the data currently available is that more than 200,000 packages have been sold, and there are two main sales methods. One is to sell to downstream wholesalers, such as gathering and some micro-stores. The other is the website of Dolphin Supply Chain, which is sold to some individual consumers. The company has admitted that whether it is sold to secondary wholesalers or individuals, the final products will flow to mainland consumers.

　　There are many kinds of food sold online in Japan’s nuclear radiation area, including baby milk powder and rice.

　　Kalebi cereal is just one example of the food suspected of coming from Japan’s nuclear radiation area sold on the e-commerce platform. According to the "Clear Cloud Action" initiated by the Shenzhen Municipal Market Inspection Bureau, there are many kinds of food sold online in Japan’s nuclear radiation area, including rice, beer, beverages, puffed food and even baby milk powder. Then, how did the food banned by these countries get across the layers of supervision and sneak into the country?

Some of the foods seized by law enforcement agencies are suspected to come from Japan’s nuclear radiation zone, and these can be bought successfully through online shopping in China.

　　According to the staff of Shenzhen Municipal Market Inspection Bureau, at present, there are many kinds of food suspected of coming from Japan’s nuclear radiation area. "The manufacturer of Heguangtang milk powder is Heguangtang Co., Ltd., and its registered address is in Tochigi Prefecture. Tochigi Prefecture is one of the ten areas where imports are prohibited. White rice is also marked on it, which is produced in Hokkaido. However, tearing the Chinese label can be seen that the manufacturer is Sato Food Co., Ltd., and the address is in Baomachi, the eastern district of Niigata City. "

　　And this phenomenon is also spreading from online to offline.

Heguangtang infant milk powder, the manufacturer’s address is Tochigi, Japan.

　　Muji’s food counter, Japanese label shows that the place of origin is Tokyo. The salesperson said that he had not heard of any nuclear radiation area.

　　Shenzhen AEON Supermarket also has a large number of foods suspected to come from nuclear radiation areas. Law enforcement officers of Shenzhen Municipal Market Inspection Bureau said that all their products have Chinese labels. However, there is a phenomenon that if the registered address of the manufacturer is within ten counties, their information will be covered by Chinese labels.

Soy sauce made in Japan, with Chinese label torn off, is produced in Chiba Prefecture.

　　Cross-border e-commerce is the main inflow route, and bonded warehouses do not need quarantine inspection.

　　Since the country has explicitly banned imports, how can these foods from Japan’s nuclear radiation zone flow into the domestic market? A staff member of the physical store of Global Tesco Company admitted frankly that she had heard that food in some parts of Japan could not be sold, but the company said there was no problem. "We are also afraid, and we can’t say that it will cause any harm when the time comes. Therefore, we also asked the company, and the company said that it passed the customs normally. If it really can’t pass, the customs will definitely not let it pass. "

Rice production in Niigata Yuzhao area

　　A person in charge of Shenzhen Classic Renyuan Trading Co., Ltd. said that transit in Hong Kong is one of the channels. "This kind of thing is very sensitive, Japan’s nuclear radiation, don’t let imported food, how to do? No customs declaration. Some of them have no choice but to go to Hong Kong and then to Shenzhen without going through the customs. The quantity in Hong Kong is still quite large. "

　　The person in charge of Shenzhen Dolphin Cross-border Technology Co., Ltd. said that the company came in through the bonded area. Cross-border e-commerce first enters the domestic bonded area in large quantities, but has not yet paid taxes, and then pays taxes when the customer places an order and the package goes out. The company has bonded warehouses in Tianjin, Shenzhen Qianhai and Hangzhou.

　　Law enforcement officers of Shenzhen Municipal Market Inspection Bureau said that according to their investigation, cross-border e-commerce is the main way for food in these nuclear radiation areas to flow into China. Mainly through the bonded warehouse sales and overseas direct mail in two forms. At present, the policy is that when products enter bonded warehouses, they do not need to go through inspection and quarantine, and are basically in the blank supervision scope. In this way, when the products are resold to consumers, they are not inspected and quarantined by the national inspection and quarantine department for food safety.

　　At present, the Shenzhen Municipal Market Inspection Bureau has formally initiated an investigation into more than 100 business entities suspected of selling food from Japan’s nuclear radiation zone.

　　Beijing, Feb. 21st (Yao Lu) What do you choose, love or bread? Users of the love bank APP said: to make money with love, you must have both.

　　Love Bank APP is a chat APP for young couples to show their love. The main gimmick is "365 days, cash out 1000 yuan". That is, couples punch in for one year, and the platform promises 1000 yuan’s bonus.

　　Data map.

　　However, the original simple sign-in rules are now tricky. Love remains the same, but the platform is not willing to give money? The love bank APP is facing a collective crusade by couples, and a small number of netizens who are justified by the APP on the Internet are also accused of "trusting".

　　The sign-in was unsuccessful!

　　It’s like love without results.

　　"Don’t hold the stopwatch for 10 seconds and 60 seconds. After this hurdle, there will be 520 seconds and 1314 seconds and titles waiting for you." Hugging on the love bank APP has been the insistence of many couples for more than a year. Recently, this enthusiasm has been poured a pot of cold water by the strange rules of the merchants.

　　Love bank APP is a QQ space exclusively for couples in the eyes of many users. One year after its launch, this APP has captured nearly 5 million users. The data shows that in September 2018, there were 1 million daily users, which once topped the social ranking of Apple App Store.

　　In the past year, love bank has been ranked well in the social (free) list of App Store. Source: Seven Wheat Data

　　However, recently, this exclusive space sought after by couples has been "uprooted" by couples because the check-in rules are too difficult, and it has even ranked third in the black cat complaint list, second only to ofo sharing bicycles and enjoying riding a motorcycle.

　　1314 seconds is equivalent to 21.9 minutes! For nearly half an hour, couples need to hold down their mobile phones at the same time, during which they will fail to sign in if they are stuck, delayed, overtime or less. Try again and again, an hour, a few hours passed, and the clock rang at zero, and the sign-in failed.

　　If you fail to sign in, you will quarrel, if you fail to sign in, you will break up, and if you fail to sign in, love will have no result … … If it was the result of a failed check-in 100 days ago, it was acceptable, but it lasted for one year. In the end, it was difficult for many couples to let go because of the sharp increase in the difficulty of signing in.

　　User comments. Source: Webpage screenshot

　　"Love doesn’t have a result if you stick to it." The netizen teased that the failure to sign in the love bank APP looks like what love should look like. The love bank APP, which originally symbolized witnessing love, may have become the executioner of a relationship.

　　Make money with love?

　　1,000 won’t fall from the sky.

　　Behind the 1000-yuan sign-in fee, not only a couple of users, but also everyone around them. In the rules of the game, once the sign-in fails, you can make up the sign-in by inviting your friends to send a sign-in card.

　　In the rules of inviting friends to send a replacement card, it is not mentioned that you get a replacement card on a specified date. Source: Webpage screenshot

　　"But the replacement cards are all on the specified date. Getting a replacement card after you invite your friends may not be able to replace the day you missed, so you need to continue inviting until you get a replacement card on the date you need." Zhuzhu is a junior. Unlike other couples, she is registered to play with her roommate.

　　At first, she thought that playing this game would not be addictive compared with couples and good friends playing together. "At least I won’t break up for failing to sign in!"

　　It was not until the check-in lasted for more than 300 days that Zhuzhu found that it might be the attraction of the upcoming check-in gold, and she became more and more persistent about the check-in. Just a few days ago, my roommate missed the day’s check-in because of the party, so they had a big fight and almost broke up.

　　"Long-distance relationship, we had a fight for the first time because we missed the signing", "The signing failed all the time, and she said we were not suitable", "We made an appointment to show up after signing for one year, and the ending stopped on the day when the signing failed for 344 days" … … Couples also have conflicts because of the failure to sign in.

　　On the second-hand trading platform, there are many goods that sell replacement cards on specified dates, and the selling price ranges from several yuan to dozens of yuan; On social platforms, many users also said that they can exchange replacement cards with others on the corresponding dates. Asking for help everywhere is like chasing a missed love.

　　Replacement card transaction on the second-hand trading platform. Source: Webpage screenshot

　　With the increase in the difficulty of signing in and the number of missed signing, many users find that 1000 yuan will not fall from the sky.

　　A user who signed in for 318 days was asked by the software to press the screen for 60 seconds at the same time with his girlfriend on January 31, but even if he connected the video with his girlfriend and used a stopwatch to time, the sign-in failed all the time. Later, he took out his other mobile phone and boarded his girlfriend’s account to try to operate with both hands at the same time. He struggled for more than five hours for this 60-second sign-in, and finally ended in failure.

　　After the sign-in rules are revised, some users are still trying to abide by the new rules, but some users’ mobile phones directly show that their accounts are blocked and they can’t log in, and they don’t even have a chance to try the new rules. Some users who were banned said that they had not done anything illegal before.

　　In addition, inviting friends and signing in to get a red envelope has become a hanging "pie".

　　Is it a scam?

　　Customer service is missing, and the phone is not answered.

　　The reporter contacted the customer service through the Love Bank APP and didn’t get a reply. Calling its affiliated company, Shanghai Chat Network Technology Co., Ltd. was also unanswered. The official micro of Love Bank also closed the user comment function a month ago. In desperation, users can only relieve their inner anger through complaints.

　　"According to 5 million users in September 2018, assuming that only 1% of users have signed up for one year now, the current love bank needs to pay at least 5 million signing fees to users." An industry insider analyzed that as a social software that already has a good reputation, it may be a problem of capital flow to openly provoke anger at this time.

　　It is worth noting that "in the Love Bank APP, you will have the opportunity to get RMB cash in 1000 yuan by kissing for 5 minutes and 20 seconds." The rules of the game disclosed by Liu Yan, the chairman of Love Bank, are the only rules of this software, but there is no more detailed introduction to the rules during the use.

　　In a rights group, many users reported that it was more difficult to sign in after the new version was updated on January 31, and there was no warning.

　　In the past year or so, Love Bank has successively launched members, shopping malls, advertisements and other means of realizing money. In the eyes of users, it has already received corresponding income from itself, but in the end it is unwilling to give back the signing fee, which can only explain one problem: it did not intend to give money at the beginning.

　　Love bank APP opens screen advertisement.

　　In the love bank APP, there are dozens of posts showing their successful cash withdrawal information, which is pitiful compared with the love bank with 5 million users.

　　On the other hand, the bystanders started the mocking mode: "If you sign in, you can get 1000 yuan. How many Ponzi schemes are this standard template? Why would anyone believe it?" Love makes people stupid? "

　　Yes … … Does love really make people stupid? After 325 days of failure in signing in, Mr. Z, the user, was unable to refute this. He doesn’t deny that it was originally for 1000 yuan, but slowly, signing in became a daily ceremony for two people.

　　It doesn’t matter whether you can get 1000 yuan or not. It is the place that makes him sad that this ceremony finally becomes the laughing stock of others. (End)

A list of today’s news:

Tencent video or advertising-free version will cost extra.

Beijing plans to introduce self-driving car regulations. Driverless service is expected to stand on the wind.

Microsoft requires China employees to use iPhone for work and not Android.

Xiaomi’s third car is an extended-range SUV: the main home will be listed in 2026.

Due to insufficient incentives in Vietnam, companies such as Intel gave up investing in the country.

Apple’s market value is close to 3.5 trillion US dollars, surpassing Microsoft and returning to the first place in US stocks.

Deep Blue S07 Core Information: Huawei Gankun ADS SE Intelligent Driving System will be equipped.

Xiaomi 15 series battery fast charging details exposure: 90W fast charging starts.

　

Hot spot direct attack

Tencent video or advertising-free version will cost extra.

Tencent Video APP launched a survey of "signing up as a product experience officer" and emphasized that "members are preferred". The "high-end version" of Tencent video is mentioned in the application form for recruiting product experience officers. The main selling points are no advertising, more convenience and visual upgrade, but the price is not disclosed.

Some netizens left a message in the comment area: "At the beginning, members didn’t just want to avoid advertisements and have higher definition image quality. Now it means that what should have been given to me, I have to rush to sssssssvip now." "Think about the current vip and svip and you will know if it is worth it." > > click to view details.

　

Beijing plans to introduce self-driving car regulations. Driverless service is expected to stand on the wind.

Recently, Beijing Economic and Information Bureau solicited opinions from outside on the Regulations of Beijing Municipality on Self-driving Vehicles (Draft for Comment) (hereinafter referred to as the Draft for Comment), and will focus on solving the main problems faced by innovative activities of self-driving vehicles in specific regions through legislation, and provide clear, transparent and predictable institutional norms for the market participants of L3 and above self-driving vehicles on the basis of adhering to the safety bottom line.

With the release of a number of favorable policies and the growth of market demand, smart driving/driverless driving is expected to benefit first. > > click to view details.

Microsoft requires China employees to use iPhone for work and not Android.

According to media reports, as part of the overall security action, Microsoft told its employees in China that starting from September this year, they can only use the iPhone at work, not Android phones.

Employees of Microsoft in China who currently use Android phones will get an iPhone 15, and Microsoft will provide iPhones in various centers in China for employees to collect.

The news said that Xiaomi’s third car is an extended-range SUV: the main home will be listed in 2026.

According to 21st century business herald news, the third car planned by Xiaomi Automobile is an extended-range SUV, which is mainly used for home use and will be launched in 2026.

According to the previous plan, the release rhythm of Xiaomi Automobile is three cars in three years, namely, the pure electric car Xiaomi SU7 in 2024, the pure electric SUV in 2025 and the extended-range SUV in 2026.

　

Big company

Due to insufficient incentives in Vietnam, companies such as Intel gave up investing in the country.

According to foreign media reports, according to the report documents obtained by the Ministry of Planning and Investment of Vietnam, the country has missed the investment of many overseas companies including Intel and LG Chem due to insufficient incentives.

Even Samsung Electronics, the largest overseas investor in Vietnam, is considering moving some of its production capacity from Vietnam to India.

Apple’s market value is close to 3.5 trillion US dollars, surpassing Microsoft and returning to the first place in US stocks.

At the close of US stocks on Monday, local time, Apple reported $227.82, a record high, up $1.48 or 0.65% from $226.34 at the close of the previous trading day. At Monday’s closing price, Apple’s market value is $3,493.41 billion.

Apple announced the launch of Apple Intelligence, a personal intelligence system, last month, and said that it is integrating ChatGPT of OpenAI into iOS 18, iPadOS 18 and macOS Sequoia. They are becoming more and more active in artificial intelligence, which has also pushed up their share price.

　

new product

Deep blue S07 core information exposure: Huawei Gankun ADS SE intelligent driving system will be equipped.

Deep Blue Auto officially announced that the new Deep Blue S07 model will be equipped with Deep Blue Super Extended Range, and Huawei Gankun ADS SE Intelligent Driving System will also be adopted.

It is reported that the new car is a modified model of the current deep blue S7, and a brand-new naming method is enabled. The new car positioning technology, the new mainstream medium-sized SUV, will provide extended-range and pure electric dual-power versions.

Xiaomi 15 series battery fast charging details exposure: 90W fast charging starts.

According to the latest information released by well-known digital blogger @ Experiencing more, an iterative cup flagship is testing 4900mAh battery +90W fast charge, and also supports 50W wireless flash charge, while the big cup is testing 5400mAh battery +120W fast charge, and the wireless charging power will exceed 50W. At the same time, the flagship of this series will also be equipped with self-developed small chips. If there is no accident, it will be the battery management chip and intelligent fast charging chip of the family.

Combined with the previous related news, this machine is likely to be the flagship of a new generation of Xiaomi 15 series. It is said that this series will release two models of medium-sized Xiaomi 15 and large-sized Xiaomi 15 Pro in advance, and the ultra-large-sized Xiaomi 15 Ultra will debut in Q1 next year.

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.

    Gansu Tianshui Mala Tang is on fire, and at the same time, there is a local "Mala Tang Uncle" with a vivid expression. From frowning at the beginning to smiling after learning expression management, the rich expression of the uncle of Tianshui "Haiying Mala Tang" shop stems from one sentence: "You can’t finish cooking, you can’t finish cooking at all!"

    The simple phrase "endless cooking" contains the market opportunities and laws of the catering industry. Imagine if there are dozens of "Haiying Mala Tang" stores in Tianshui City, and the operation scale of the stores is several hundred square meters, and the taste of most mala Tang stores can maintain a good standard, then the time for tourists to queue up will be shorter? Will the labor intensity of "Uncle Mala Tang" be lower? Will tourists have more choices to taste Tianshui mala Tang? If so, then "Haiying Mala Tang" is not a simple individual store, but a restaurant chain enterprise; "Tianshui Mala Tang" is not just a hot word on the Internet, but a very valuable catering brand.

    Brand chain operation in catering industry is a common mode. In the field of mala Tang, chain operation is not uncommon. Yang Guofu, Sean, Mi Jie and other mala Tang brands have opened thousands of stores, and there are hundreds at least.

    The popularity of Tianshui Mala Tang has once again opened the air for this popular snack with fireworks. Recently, the new store of "Gansu Mala Tang" opened in many parts of the country, and many catering practitioners went to Tianshui to learn the cooking skills of Mala Tang. Behind chasing the wind to open a shop is investors’ recognition of the initial brand of "Tianshui Mala Tang" and their keen grasp of market opportunities. What Tianshui needs to do is not only to provide a bowl of mala Tang flavor for shop owners, but more importantly, to upgrade and shape the brand, and further export the production raw materials, skilled personnel, production standards and brand culture.

    Thousands of netizens have made a "microscope" analysis of Tianshui Mala Tang, from raw materials such as pepper, hand-rolled powder and pepper to the unique dry-mixed eating method. This bowl of Mala Tang is actually not complicated. There are already many business entities or training schools in Tianshui that are training Mala Tang skills, but it is not easy to really become a brand that can attract public tastes and seize traffic opportunities. Just like fast food such as Lanzhou beef, Lamian Noodles and Shaxian snack, there are tens of thousands of stores all over the country and even around the world, but there are not many influential brand enterprises.

    From the innate factors, beef Lamian Noodles and Shaxian snacks, like Mala Tang, are popular fast food products. Although the consumer groups have a wide coverage, high penetration rate and relatively low cost of opening stores, it also means that the entry threshold is low and the homogenization competition is fierce, so it is difficult to have big enterprises that stand out. However, Mala Tang has its own uniqueness, that is, the raw materials are relatively concentrated and the production skills are relatively simple, which is conducive to the standardization and promotion, and is more suitable for the chain business model.

    Traffic will not care for a city forever, but there is much to do with the brand effect derived from short-term popularity. If several well-known and competitive chain enterprises can be hatched in the parent brand of Tianshui Mala Tang, which will drive the upstream and downstream industries such as local characteristic agriculture and brand services to work together, then this wave of "splashing wealth" may become "lasting wealth".

　　On December 26th, AITO’s M9 was officially released, and two power models, the extended range version and the pure electric version, were launched, and both Max and Ultra configurations were provided for consumers to choose from.The price range is 469,800-569,800 yuan.. Wenjie M9 is built by Huawei’s smart car full-stack technology solution, and has intelligent technology platforms such as Turing intelligent chassis, intelligent vehicle lighting and Pangu AI large model.

● New car features:

"M9 Extended Range Edition"

"M9 pure electric version"

　　Wen Jie M9 locates the flagship large-scale SUV and adopts the brand-new family design language of Huawei Intelligent Car Selection. Compared with Wen Jie M5 and M7, the improvement of face value is still very obvious. The difference between the pure electric version and the extended range version is mainly reflected in the front surrounding ventilation hole.

　　The intelligent lighting system adopted by Wenjie M9 consists of adaptive matrix headlights, intelligent projection headlights, adaptive low beam headlights, skyline position lamp and intelligent interactive matrix headlights. Among them, smart projection headlights can form a 100+ inch giant screen projection to create a personal open-air cinema for users. Intelligent interactive matrix headlights have a variety of personality skins, with rich scene lights, and support functions such as holiday blessing, weather reminder, lane change lighting reminder and path reminder, narrow lane lighting reminder, tunnel lighting brightness enhancement, and safety guidance on both sides of the lane. After cooperating with Huawei’s intelligent driving, it can not only project multiple scenes, but also have many functions of safety reminder during driving.

"M9 Extended Range Edition"

"M9 pure electric version"

　　The volume ratio of all-aluminum alloy in the M9 car body reaches 80%, the lightweight coefficient is as low as 2.02, and it has a large steering angle, which is large but not clumsy. The original owl enhanced steering technology does not occupy the back row space and achieves the minimum turning radius of 5.8 meters. With the addition of hidden door handles and low wind resistance wheels, the wind resistance coefficient of the whole vehicle reaches 0.264Cd. At the same time, all four doors are equipped with mechanical handles to improve the efficiency of getting out of trouble in distress. In terms of body size, the length, width and height of the car body M9 are 5230/1999/1800mm and the wheelbase is 3110mm, which is closer to the ideal L9 and BMW X7, but still a little different from Mercedes-Benz GLS.

"M9 Extended Range Edition"

"M9 pure electric version"

　　The shape of the rear of the car is also simple, but there is no lack of heaviness. Below the AITO logo is a penetrating taillight, and there is a chrome-plated lower guard at the rear of the car. The overall style is relatively unified. The new car offers five color schemes, namely, two solid color paints of Mu Ye Green and Gold-plated Black, and three double color schemes of Xinghe Blue, Danxia Orange and Xinghe Blue.

　　In the interior part, the overall design style of Wenjie M9 is simple, and it can provide three colors, namely "Wang Shu Xing", "Moon Shadow Grey" and "Red Tea Orange". The whole car is made of high-grade NAPPA leather, suede ceiling, the same color steering wheel, crystal ring scatterer and wisdom knob, and natural white bolt solid wood. There are almost no physical buttons reserved on the center console, which adopts the popular triple screen layout and integrates AR.
HUD function. Officially, the M9 is called "the car king of science and technology" and "the leading generation of science and technology", so it is very worthwhile to talk about the specific black technologies of the M9.

　　Wenjie M9 is equipped with the leading generation of Scorpio space, HUAWEI SOUND.
SUPERIOR Excellence series is the first time to get on the bus, with flagship hardware configuration, equipped with 25 units of professional-grade audio, and the output of power amplifier reaches 2080W W. The high-fidelity sound quality is comparable to the international top recording studio. The ring scatterer tweeter integrates light and shadow aesthetics, acoustic technology and AI wisdom, which makes the audio-visual effect more shocking. At the same time, the flagship hardware is matched with Huawei’s leading technology and algorithm, which brings many unique functions in the industry, such as extrasensory spatial sound and smart dessert, so that the sound can be heard from now on.

　　HarmonyOS adopted by M9.
4.0 Intelligent cockpit, the main highlights are six-tone sound source localization, multi-person multi-screen multi-tone concurrent control, eye position tracking and eye state recognition in the cabin, multi-screen multi-channel bidirectional circulation and multi-screen cross-device projection. The central protruding device above the triple screen is the AI intelligent body "star ring scatterer" of light and shadow acoustics, HUAWEI.
SOUND sound system is integrated in it. The front row of Nakajima is also equipped with dual wireless charging panels, and the main driver’s side exterior rearview mirror integrates NFC contactless unlocking module.

　　Huawei’s head-up display system is the first time to get on the bus, with the highest 2K resolution, the highest brightness and the imaging area of 75 inches in the industry. The fusion display of AR real scene and ADS brings a more intuitive, safer and more immersive navigation experience, reversing images and parking to watch movies. Look up and show. In other words, the windshield of the M9 is a huge "screen".

　　The M9 is also equipped with the industry’s first car-gauge projection system in the car. Through the laser projector above the third row and the oversized projection curtain above the second row of seats, the cinema viewing experience can be realized. Through the brightest and widest color gamut car-class projector and the 32-inch lifting projection curtain, it supports one-button viewing mode, Huawei’s remote control, perfectly recreating the cinema viewing experience, Rhine eye protection comfort certification and Swiss SGS anti-dizzy certification gold standard, which will not cause motion sickness and eye injury for a long time.

　　Wenjie M9 adopts a brand-new integrated universal triple screen design, which combines the appropriate layout of 12.3-inch LCD instrument panel, 15.6-inch intelligent central control large screen and 16-inch passenger entertainment screen with the brand-new HarmonyOS.
4 Intelligent cockpit, through three-finger sliding, can easily realize the entertainment experience such as seamless flow between multiple screens and watching the whole car at the same time. At the same time, HUAWEI is also equipped behind the first two rows of seats.
MagLink excuse can expand the equipment in the back row through the magnetic bracket, and realize multi-screen linkage interaction based on the HarmonyOS cockpit. The whole car is equipped with 10 screens to create a new benchmark for space intelligence.

　　In terms of seat layout, the official said that the M9 is equipped with a leading generation of ever-changing space, and the 3/4/5/6 seat mode can be changed at will. In other words, the six-seat layout of the boundary M9 has higher flexibility. The co-pilot is innovatively equipped with Shu Yun’s dual-seat, and uses Huawei’s original patented technology of seat separation, which can be folded and stretched, and the dual-seat mode can be changed with one button; The queen’s co-pilot is free to stretch, with 14-way electric adjustment, 8-point massage and seat memory, electric leg rest, foot rest, ventilation and heating.
. The second row adopts a brand-new zero-gravity seat. Based on the functions of heating, ventilation, massage and 14 electric adjustments, the industry pioneered the horizontal adaptive double armrest function to meet the needs of human body to relax. Unprecedented presidential space, redefining comfort standards.

　　The M9 flat platform can also improve the riding performance of the third row. The third row is provided with buttons for seat adjustment at the door panels on both sides. In addition to the buttons for one-button entry and exit, the third row of seats not only has seat back adjustment, but also has seat front and back adjustment through this button. In addition, Wenjie M9 is equipped with a double-deck sound insulation glass. With the active noise reduction technology of the whole vehicle and the quiet body structure design, the noise of driving at a constant speed of 120km/h is as low as 60.8dBA, which is similar to Cullinan, and greatly ahead of millions of SUVs such as Mercedes-Benz GLS and BMW X7.

　　The M9 car has as many as 41 storage spaces in the car, and all-round storage can hold everything. The design of the fully enclosed central locker, the privacy locker of the main driver and the dumper locker of the auxiliary driver are quite ingenious. Based on the electric slide rail with adjustable travel of 120mm, the storage space of the M9 trunk can be flexibly adjusted, with the final position of 190L and the front position of 220L, and the storage capacity can be expanded to 716L, which can easily accommodate 14 20-inch suitcases and meet the storage needs of the whole family.

　　In terms of power, the M9 will provide two sets of power systems, the extended range version and the pure electric version, and both adopt the layout of front and rear double motors. Among them, the maximum power of the front motor and the maximum power of the rear motor of the pure electric version is 160kW and 230kW, and it is equipped with a ternary lithium battery with a capacity of 97.682kWh provided by Contemporary Amperex Technology Co., Limited, and its pure electric cruising range is 630km under CLTC conditions. The extended range version uses H15RT.
1.5T engine with thermal efficiency of 41% and maximum power of 112kW. It is matched with double motors, and the maximum power is 165kW and 200kW respectively. The battery is a ternary lithium battery from Contemporary Amperex Technology Co., Limited. The 52-degree battery version CLTC has a comprehensive battery life of 1402km and a pure battery life of 275km；. The 42-degree battery version CLTC has a comprehensive battery life of 1362km and a pure battery life of 225km.

　　It is worth mentioning that the M9 pure electric version of Wenjie is equipped with 800V high-voltage silicon carbide platform, which can last 150km for 5 minutes. The extended range version is equipped with pure electric drive extended range platform 4.0, which brings 4.3 seconds and 4.9 seconds of 0-100km/h acceleration respectively. In addition, it is equipped with a 4-piston fixed caliper high-performance braking system, and can be equipped with 22-inch double ten-spoke sports wheels or 21-inch low wind resistance wheels. The braking distance at 100-0km/h is only 34.9 meters.

　　Wenjie M9 adopts Huawei Turing intelligent chassis architecture, adopts high-performance all-aluminum alloy chassis and integrated aluminum alloy die-casting frame, with the front four-ball long double wishbone and rear multi-link independent suspension. The whole system comes standard with intelligent closed air suspension and CDC variable damping shock absorber. The height of the fifth-gear body is adjustable, and the adjustment speed is increased by 30%, so as to ensure the stability of the body at all times, giving consideration to comfort and handling. Turing chassis also passes through HUAWEI
ADS intelligent road perception, iVSE intelligent vehicle state perception, new HUAWEI DATS dynamic adaptive torque system and HUAWEI.
XMotion intelligent body collaborative control system, four technologies, full-dimensional perception, 3D control intelligent collaboration, and intelligent control of the journey. When cornering, accelerating and braking quickly, the suspension controller will predict the driver’s intention, increase the damping to harden the chassis, restrain the body roll and pitch, and maintain the handling stability. In addition, the dynamic torque adaptive system will also improve the road slip, adjust the torque adaptively and improve the dynamic safety.

　　In terms of passive safety, Wenjie M9 is equipped with a super-strong basalt body, which protects users through a basalt structure with eight horizontal and five vertical directions. 9000-ton integrated die-casting process and 12 2000MPa nuclear submarine-grade hot-formed sections make the car body stronger. In addition, the M9 car comes standard with 9 airbags and pre-tensioned seat belts, and the sill beam has 11 protective cavities, which can better absorb the side impact energy and improve the safety of passengers and batteries. In terms of battery safety, its battery adopts five-layer safety package design and full high-voltage thermal runaway and non-spreading technology. Ten-layer thermal safety protection supports real-time protection, active early warning, active cooling, millisecond power failure and other characteristics to avoid battery thermal runaway in extreme cases.

　　The M9 goes further in active safety, and the whole vehicle is equipped with 27 sensors, among which the newly designed 192-line laser radar has stronger accurate detection and quick response capability. The longest detectable distance is 250 meters, the spot frequency reaches the highest point/second in the industry, and the scanning frequency reaches 20Hz, which is far higher than the industry average. With the leading GOD general obstacle detection network and RCR road topology inference network, a high-order intelligent driving experience can be realized by the end of 2023. HUAWEI
ADS 2.0 has achieved the strongest AEB in history, and the automatic braking speed can reach up to 120km/h for stationary vehicles and pedestrians. First ESA emergency steering assist (Q2, 2024
OTA upgrade), automatically control the steering to assist the driver to avoid collision. If the backward active safety capability is enhanced, the accelerator will be braked by mistake (Q1 OTA upgrade in 2024).

　　● Full text summary:

　　Near the end of the year, the field of new energy smart cars has set off a wave of new product climax. From Weilai ET9 released last week to Xiaomi SU9 and Kyo 007 to be released soon, the battle of automobile intelligence is on the verge. The M9, which is listed today, has reason to confidently face the onlookers from car users and netizens from all walks of life. "The administrative flagship has always been the technology flagship", and the HarmonyOS carried by the M9 is asked.
4.0. Huawei AutOptiX intelligent vehicle light technology, HUAWEIxScene light field screen and other black technologies have really brought together the achievements of Huawei HarmonyOS Zhixing family. How to open a brand-new travel lifestyle for users and open users’ minds to accept such an intelligent flagship large SUV may be the first consideration for M9.

　　Following the development of the new 1.8 TSI engine by Volkswagen, Taikoo Bida Automobile, the general agent in Taiwan Province, also quickly launched Passat 1.8 TSI equipped with this engine, which is the third model equipped with TSI gasoline engine introduced in Taiwan Province after Golf 1.4 TSI and Eos 2.0 TSI.

　　The 1.8 TSI engine newly added to the Volkswagen lineup can be said to have three characteristics of "small engine, high horsepower and fuel saving". Although the exhaust vehicle is only 1.8 liters, its power output cannot be underestimated. In addition, under the rising global oil price and the niche of tax classification in Taiwan Province, I believe Passat 1.8 TSI will surely attract more consumers’ attention and make a red disk in the automobile market in Taiwan Province.

VW creates a young face with its U-shaped chrome-plated water tank shield.
A pair of tearful headlights further improve the recognition of Passat cars.

　　Passat 1.8 TSI basically maintains the same appearance and luxurious characteristics as Passat, especially the U-shaped chrome-plated water tank shield with a wide area and the shape of four horizontal grids, which has become one of the most recognizable features. The upper edge is cut with the tear-eyed headlights on the left and right sides to simulate the watery eyes of the inner double eyelids. The lower air dam uses a consistent shape from both sides to the middle, giving Passat a steady face. The waistline on the side of the car is tall, and the chrome trim on the bottom adds a lot of points. A broken line is drawn from the front fender to the rear fender, which balances the appearance of the side, while the four six-spoke double-ribbed rims present a sense of dynamic branding in the texture. Looking at the rear of the car, the change of sheet metal parts replaces broken lines with curved surfaces, which also adds roundness and integration to Passat’s buttocks.

16-inch six-frame double rib patternThe rim adds a sense of fashion,
With practical oriented 205/55R16 tires,
It also adds a lot of points to fuel consumption and comfort performance.

　　In the interior part, Passat 1.8 TSI is paved with aluminum/wood grain, which presents a unique cockpit texture under the mix of two materials. The front and rear seats are covered by genuine leather/suede (Napa, Alcantara), which not only has first-class visual effect, but also gives drivers and passengers a considerable degree of courtesy in touch and riding. In particular, the suede chair surface can improve the skid resistance of drivers and passengers in riding, so as not to cause disturbing sliding action when the vehicle turns or accelerates or decelerates. In addition, the driver’s seat is equipped with six-way electric adjustment and lumbar support function, which can give the driver the most convenient and comfortable driving environment. However, the three steering wheels do not integrate multi-function buttons, which is a pity of Passat 1.8 TSI.

The rear of Passat 1.8 TSI is rounded.
Modified the stiff feeling of the buttocks of the four-door RV.

　　(Passat in Taiwan Province is Magotan in mainland China)

　 　 1905 movie network feature Li Xuelian, the heroine of the work directed by Feng Xiaogang. She is a rural woman who owns a beef bone soup shop. She and her husband Qin Yuhe divorced, but this divorce was a fake divorce, and the two had other purposes. But after this divorce, the husband no longer remarried with him, and the original purpose of the two was lost.

　 　 On the other hand, the documents in black and white turned the fake divorce they had agreed on into a real divorce in the process. The reason in Li Xuelian’s heart could not be avoided. She decided to petition, hoping to overturn the case. Who knows, this case was not overturned, but it caused more cases.

　 　 One stone stirred up a thousand waves, and the case led to thousands of pictures. Although there are 28 men in the film, only Li Xuelian, played by Fan Bingbing, is a woman, but Li Xuelian in the film has a little connection with five other women invisibly.

The following content contains spoilers, please read with caution.

1. The first woman: Pan Jinlian

　 　 Obviously, the most crucial character involved in the film "I Am Not Pan Jinlian" is Pan Jinlian. Pan Jinlian is a very famous figure in history, known to everyone because of the novels "Water Margin" and "Golden Bottle Plum".

　 　 Pan Jinlian was the maidservant of a large family and married Wu Dalang, who sold cooking cakes. Wu Dalang was short and slightly wretched, while Pan Jinlian was rather beautiful and a little slutty. After several attempts to hook up with Wu Song failed, he hooked up with Ximen Qing and committed adultery. After being caught and told to Wu Dalang, Wu Dalang was kicked in the chest by Ximen Qing and fell ill in bed. Later, Ximen Qing and Pan Jinlian joined forces to poison Wu Dalang.

　 　 The prototype of Pan Jinlian is different from the one in "Water Margin". Her prototype is a very virtuous wife in the Northern Song Dynasty, who keeps her duty with Wu Dalang and grows old together. However, the Pan Jinlian involved in this film is obviously the one who is married and has an affair.

　 　 More directly projected into the movie, it is the sentence that her husband Qin Yuhe said to Li Xuelian in public: "Are you Li Xuelian? Why do I think you are Pan Jinlian!" This sentence is actually a sentence for Li Xuelian at the moment. Pan Jinlian had an affair with Ximen Qing after marriage, and Qin Yuhe talked about Pan Jinlian because Li Xuelian was no longer a virgin when Li Xuelian and Qin Yuhe got married. These are two different things that have nothing to do with each other, but because Qin Yuhe’s absurd sentence is linked together. And because this sentence is said in public, and it is passed down from person to person, this sentence becomes true.

　 　 Li Xuelian wanted to prove that she was not Pan Jinlian, but only Li Xuelian because of such a sentence. But in Li Xuelian’s mind, all the sources were in the original divorce. If this was not resolved, the following series of problems would be like dominoes, all wrong.

　 　 Ten years later, Guo Tao’s Zhao Datou (also known as Zhao Jingli) and Zhang Yi’s court president Jia Mingming staged a play. Zhao Datou got Li Xuelian to avoid Li Xuelian from complaining again to Beijing. Jia Mingming helped Zhao Datou get his son’s job, and both parties benefited. Zhao Datou and Li Xuelian went to Huangshan together, and they had a relationship.

　 　 Later, Li Xuelian, who learned the truth, found out that she had been deceived and was very angry. She was angry that the hurdle in her heart could not pass, and she might become the Pan Jinlian in her husband’s mouth forever.

　 　 However, Li Xuelian and her husband had already gone through legal procedures to divorce, and at the same time that she had a relationship with Zhao Datou, she was no longer married. It was just that in Li Xuelian’s mind, the fake divorce discussed by both parties was a fake divorce, even if it was written in black and white.

　 　 Li Xuelian is a woman with a special axis. Her thinking is like the circle in the frame size of the film. It is a circle without an exit. If other people’s words cannot enter, she will never listen. She only cares about proving that she is not Pan Jinlian, and it will take more than ten years.

　 　 Unexpectedly, before she could reverse the case and prove that she was not Pan Jinlian, Qin Yuhe died, and she would forever become the Pan Jinlian in everyone’s mouth.

Next Page: The Second Woman: Dou E