分类： bb

　 　 [XCAR domestic new car original]

　　　　At the first CES ASIA, which recently opened in Shanghai, Audi’s R8 e-tron piloted driving concept car made its world debut. The car adopts pure electric drive, and the maximum cruising range is 450km, which can realize automatic driving.

　　　　Tip: Audi R8 e-tron piloted driving can realize automatic driving; Pure electric drive

　　　　It can be said that this is a "future" car with dual motor drive, carbon fiber lightweight body structure, the latest lithium-ion battery technology, CCS hybrid charging system and automatic driving function.

　 　 However, in terms of design, the car tends to be consistent with the new generation Audi R8 e-tron that was first launched at the 2015 Geneva Motor Show, but some differences can be seen in the details.

　　　　It is reported that in order to reduce the weight of the car body, some parts of the R8 e-tron self-driving concept car body are made of aluminum alloy and carbon fiber resin composite (CFRP).

　　　　In terms of power, the Audi R8 e-tron self-driving concept car is equipped with a pure electric system. The maximum power of the two motors is 170kW(231Ps) and the peak torque is 460Nm. The total power output is 340kW(462Ps) and the combined torque is 920Nm.

　　　　Under this system, the 0-100km/h acceleration time of the car is 3.9 seconds, and the maximum speed is 250 km/h. In addition, in pure electric mode, its cruising range can reach 450 kilometers, and it will not be fully charged for more than 2 hours.

　　　　As for the auto-driving, which is emphasized by the car, it can only be understood at present that because it is equipped with a new laser scanner, ultrasonic sensors, multiple video cameras and radars, the information can be converted into signals and sent to the central controller (zFAS) to "know" the surrounding environment of the car well.　

　　　　Edit commentsLike the former new energy vehicles, the emerging driving technology concepts such as driverless and autonomous driving are setting off an upsurge, but I don’t know how far pure autonomous driving will go into our real life. Because at present, autonomous driving is basically used as an auxiliary driving function to play its "charm" in production cars. So, maybe the real driverless and autonomous driving will come soon, or maybe for the time being, it is just an inspiration and beautiful imagination for future driving technology.

Related content review:

Audi R8 e-tron production version information is expected to be released this year.　 　　

abstract:intelligent automobilegeneratedData acquisition from、From transmission to processing, the whole life cycleexistSecurity risk, especially cross-border data transmission. The data assets that car companies compete for may threaten national security.

Text | Caijing reporter Liu Yuyuan Editor | Shi Zhiliang

On April 6th, a high-definition picture taken by a Tesla in-car camera released by a foreign hacker attracted widespread attention. The clarity and color richness in the video picture were extremely high, and the faces and movements of the people in the car were clearly photographed.

Many netizens in China also commented, fearing that Tesla cameras would invade personal privacy. "Tesla should understand that the privacy involved in the car is not what you want to take, you can take it!" Weibo, official of Xinhua News Agency, commented. In response, Tesla responded that the cab camera is currently not activated in markets outside North America.

On April 7th, there was a rumor on the Internet that dmv, Pudong, Shanghai restricted Tesla owners from licensing. "My friend is not a Tesla owner, but he heard a staff member at the vehicle management office saying that Tesla can’t handle business and doesn’t have to queue up." Netizen Zhang told Caijing reporter.

On April 8, when Caijing reporter visited Pudong Vehicle Management Office, he learned that there were no relevant regulations. At present, all Tesla businesses can be handled according to the process. However, the person in charge of the pre-trial number window said that there were indeed two or three hours yesterday to suspend the licensing of Tesla’s old cars and other related businesses, but there were no restrictions on the licensing of new cars, and the specific reasons were unknown.

People in Tesla’s marketing department, who did not want to be named, told Caijing that they had not heard of the Shanghai Vehicle Management Office’s restrictions on Tesla’s licensing. Some netizens speculated that the "rumor" that Tesla was restricted by the vehicle management office originated from the recent storm that Tesla’s in-car camera violated the privacy of the owner.

Caijing reporter learned from Professor Yang Diange, the founding president of Tsinghua University Institute of Vehicles and Transportation, that data security and innovation should not be neglected, but cross-border transmission should be strictly managed under the condition of incomplete technical means and imperfect management system.

"The simplest solution is to introduce some very strict regulations to prevent it from using these data, but it blocks the road of technological innovation. In 2020, the Ministry of Industry and Information Technology organized a series of standards, which clearly defined personal information, sensitivity and graded protection, so you don’t have to worry too much. " Yang Diange said.

Subtitle 1:Deep in the privacy storm, Tesla frequently responded.

Unmanned driving requires a large number of data samples from the car and the road, which is also the root of Tesla’s autonomous driving technology. Tesla’s "shadow mode" under Autopilot can use its hundreds of thousands of customer cars equipped with a series of sensors to collect road and driving data, test and strengthen its automatic driving system.

However, Tesla’s collection of user data once triggered discussions on user privacy and data sovereignty. In the past month, Tesla has been on the hot search many times because of data and privacy issues.

On March 20th, elon musk, CEO of Tesla, talked with Xue Qikun, an academician of China Academy of Sciences and president of south university of science and technology of china, at the China Development Forum. He said that Tesla would not use the collected data for espionage, because it would seriously affect Tesla’s development.

"Tesla is willing to use the highest level of confidentiality measures and hopes to create a future of mutual trust with everyone." Musk’s remarks seem to respond to a previous rumor: a notice from a resident of a suspected military compound shows that Tesla is equipped with a series of technical devices that can expose the target position. In order to ensure military secrets, it is forbidden to enter and park the brand vehicles in the area where the family courtyard belongs.

In a report in March, The Wall Street Journal also quoted insiders as saying that the China government began to restrict the use of Tesla by military personnel and employees of key state-owned enterprises, and some institutions required employees not to drive Tesla to work, and prohibited them from driving into residential areas of sensitive enterprises. Bloomberg reported that authorities in China asked Tesla owners to park their cars outside sensitive property to prevent the on-board camera from collecting data.

The aforementioned Tesla people said that the incident of prohibiting Tesla from entering the military compound was true.

In addition to the environment and route photographed by the camera outside the car, Tesla’s in-car cab camera has also been accused of violating the privacy of the owner recently. On April 6, a high-definition picture taken by a Tesla camera released by a foreign hacker attracted widespread attention.

In response, on the morning of April 7, Tesla responded that the cab camera has not been activated in markets outside North America. Even in the United States, car owners are free to choose whether to open it or not. Tesla is equipped with a network security system with the world’s leading security level to ensure the privacy protection of users.

Previously, Tesla’s in-car camera has repeatedly raised questions from foreign netizens. Musk once said on Twitter that he would take back the trial rights of some car owners’ FSD beta (fully autonomous driving beta) because these car owners did not pay enough attention to the road conditions when using the FSD beta function. Some netizens asked, "How does Tesla know the behavior of the owner? Is the camera in the car facing the driver?" Musk clearly answered the netizen: "Yes."

The core of Tesla’s questioning is why the camera facing the owner should be placed in the car. Musk’s response suggests that Tesla’s camera is used to monitor whether the driver is driving safely. However, take the Model 3 model with a camera above the rearview mirror as an example. Although the Owner’s Manual tells the location of the camera and is in a state of "not yet activated", it does not specify the function of the camera.

In fact, it’s not just Tesla who has a camera in the car.

There are as many as 14 body cameras in Xpeng Motors P7, among which one camera is installed above the steering wheel in P7. However, at present, P7′ s official website configuration introduction and user manual do not introduce this camera and its purpose.

Weilai proposed in the Privacy Policy that the camera in the car is on standby after being powered on, and will not take photos, video or collect other personal information except for a few special circumstances. Special circumstances include: in order to detect fatigue driving, facial information such as whether the driver closes his eyes will be collected; When the courier opens the trunk or the vehicle is stolen, the camera on the roof will take photos or take pictures: the airbag will trigger related functions after it pops up, and actively collect the image data in the car when the user does not answer.

In addition, Zhiji Automobile, which is about to be released in mass production, has also installed the super car intelligent camera system Carlog in the car, but it is mainly used to help the car owner shoot the scenery of the front windshield that simulates the car owner’s perspective.

From the functional point of view, the camera in the car is helpful to improve driving safety and provide users with images in the car, but the opposite of safety is often the risk of privacy invasion.

Subtitle 2:　Tesla and other foreign car companies.It is necessary to establish a data center in China.

On February 8 this year, five ministries and commissions, including the State Administration of Markets, interviewed Tesla about its OTA function. What caused widespread controversy was that the Central Network Information Office appeared in five ministries and commissions.

Data-driven and software-driven have become the symbols of many smart car companies, and the data contributed by car owners has also become one of the most valuable assets of car companies, but data security and user privacy have always been in a controversial stage.

The data generated by smart cars are mainly divided into two parts. One is vehicle data, including geographic location, system information and business-related data. The other category is mainly user data. After the car networking application quickly gets on the bus, the car is more like a mobile phone, with a large number of rich applications, and WeChat will also access the user account, including access records. On the other hand, some new application scenarios, such as in-car cameras and in-car microphones, will also involve users’ personal data privacy.

On April 7th, in the "Focus Observation" column of China electric vehicle committee of 100, Caijing reporter learned from Professor Yang Diange that the road information collected by smart cars to improve autonomous driving technology is likely to be illegally collected and endanger national security.

"In the process of vehicle driving, the lidar collects the driving data outside all the time, and the camera also collects the information of the road surface all the time. This information is likely to involve sensitive locations and the content is illegal. Not only is the content illegal, but some laser radars have high accuracy, which may cause illegal accuracy and should not achieve such high accuracy. " Yang Diange said.

The owner’s privacy is also threatened. Wang Pengpeng, a special associate researcher at the School of Law of East China University of Science and Technology, told Caijing that according to the law, the data generated in the use of automobiles must be "desensitized" before they can be transmitted, stored and applied in the intelligent research and development of automobile enterprises, and the privacy sensitive privacy data of the owners can also be screened out.

"At present, the data security and data attribution related to automobiles are still in the legal blank stage, but what is more questioned at present is that some data collected by automobiles, such as action tracks, must have human attributes, and legally it is information that needs to be desensitized, which may greatly reduce the technical contribution to deep learning of driverless automobiles." Wang Pengpeng said.

In his view, to balance data security and technological progress, a better solution is to establish a data platform processing center, but the government must be involved in supervision, especially foreign-related enterprises like Tesla.

According to the "Intelligent Networked Automobile Manufacturing Enterprises and Product Access Management Guide (Trial)" (hereinafter referred to as the "Opinion Draft") issued by the Ministry of Industry and Information Technology on April 7, intelligent networked automobile manufacturing enterprises should collect, use and protect personal information according to law, implement data classification and classification management, formulate important data directories, and must not disclose sensitive information related to national security.

It is worth noting that it is mentioned in the Opinion Draft that personal information and important data collected and generated during operations in People’s Republic of China (PRC) should be stored in China in accordance with relevant regulations. If it is really necessary to provide it overseas due to business needs, it shall be reported to the competent department of industry.

Cross-border data transmission of smart cars is a new problem, which is actually related to national security. However, there is no effective supervision mechanism for data transmission at present, and it is very difficult to rectify and repair the data as long as it is spread out, such as classified geographic information.

"In the case that our technical means are not complete and our management system is not perfect, we should adopt a strict management method for cross-border transmission. We should’ block’ the data as soon as possible and put it in China, and it is not allowed to flow out. After the study is clear, these desensitized data that really need to be transmitted and not classified can be transmitted for joint research and development in the global scope. However, before the research is clear and the control means are perfect, the data should be strictly stipulated to stay in China. " Yang Diange said.

The industry predicts that after the release of the Opinion Draft, foreign car companies such as Tesla need to set up a special data processing center in China, just like Apple’s data center in Guizhou.

In July 2020, BMW Group and Tencent jointly established a computing center to develop autonomous driving technology and products that are more in line with the China market. According to relevant sources, the platform will land in Tianjin.

In June, 2020, it was reported in shanghai securities news that the user data and authentication service of Tesla China will be moved from the United States to China, that is, the server will be moved to China, thus solving the problem of unstable connection of Tesla App and meeting the data processing and storage requirements of sensitive information.

Shanghai will raise the water price of residents in Shanghai, which has not changed for nearly 8 years.

On the afternoon of 16th, the Shanghai Municipal Development and Reform Commission announced the latest "Water Price Adjustment Scheme for Residents in the Service Area of Shanghai Water Supply and Drainage Enterprises". At the same time, a hearing on water price adjustment for residential users will also be held on the 31st of this month to listen to the opinions and suggestions of all sectors of society on the water price adjustment scheme for residential users in municipal water supply and drainage service areas.

What changes does this adjustment specifically include?

Let Xiaobian "focus" on you one by one.

1. Q: Which areas of Shanghai residents are involved in the price adjustment?

A: This adjustment covers the water price of residents in the service areas of municipal water supply and drainage enterprises in Shanghai, that is, Shanghai Chengtou Water (Group) Co., Ltd. and Shanghai Pudong Veolia Water Supply Co., Ltd.

It involves Huangpu District, Jing ‘an District, Putuo District, Xuhui District, Yangpu District, Hongkou District, Changning District, Minhang District, Baoshan District, and parts of Pudong New Area and Jiading District.

2. Q: What changes have been made to the water price?

A: The residential ladder water price standard has been raised, as follows.

The comprehensive water price of the first step: adjusted from the current 3.45 yuan per cubic meter to 4.09 yuan.

This price includes two parts: the water supply price is 2.27 yuan per cubic meter, and the sewage treatment fee payable is 1.82 yuan per cubic meter.

Second step comprehensive water price: adjusted from the current 4.83 yuan per cubic meter to 5.72 yuan.

Third step comprehensive water price: adjusted from the current 5.83 yuan per cubic meter to 8.63 yuan.

-The price comparison relationship of water supply price ladder is adjusted to 1:1.7:3, and the sewage treatment fee payable is consistent with that of the first ladder, and the comprehensive water price of the second and third steps is adjusted accordingly.

3. Q: Is there any change in the water quantity of the step?

A: The water quantity of each step of residents remains unchanged.

The water quantity of the first step corresponds to 0-220 cubic meters per household per year (inclusive);

The water quantity of the second step corresponds to 220-300 cubic meters per household per year (inclusive);

The water quantity of the third step corresponds to more than 300 cubic meters per household per year.

4. Q: How much will the monthly water bill actually increase?

A: According to the monthly domestic water consumption of 15 cubic meters per household, the monthly water fee expenditure of each household is about 51.75 yuan before adjustment and 61.35 yuan after adjustment.

Taking 61.35 yuan as an example, this figure accounts for 0.42% of the per capita disposable income of urban permanent residents in Shanghai (calculated according to the statistical data of Shanghai in 2020). The increase in water charges accounts for about six tenths of the average disposable income of households.

5. Q: Is there any change in the preferential policy standard of "one household with many people"?

A: The reporter from Dongfang. com learned that the current preferential policy of "one household with many people" for ladder water price in Shanghai does not involve adjustment and remains unchanged.

[Extension] What is the preferential policy of "one household with many people"?

Families with a large registered population can apply to increase a certain ladder base. The ladder base for increasing water consumption is 100 cubic meters of water per household per year.

Since September last year, the scope of the preferential policy of "one household with many people" has been expanded from the original registered residents who have the same household to those who hold the Household Registration Book, the Residence Registration of Persons with Separate Household Registration in this Municipality, and the Shanghai Residence Permit (including the residence permit for overseas talents) and live together at the same address.

If the cumulative number of people is more than 5, they can apply for increasing the ladder base of water, electricity and gas consumption, and if the cumulative number of people is more than 7, they can apply for the implementation of the average residential ladder price. Each resident user can only apply at one address, and cannot apply at multiple addresses.

6. Q: How do you know which ladder your water consumption belongs to?

A: It can be found through the monthly water bill and the "Shanghai Water Supply" APP just launched in August this year.

The "Shanghai Water Supply" APP has service functions such as business handling, inquiry and payment, fault repair, complaints and suggestions.

How to use it —— Search for "Shanghai Water Supply" in APPle [App Store] or Android [App Store] and download the app. After completing the registration and account binding, you can open an account for residents, transfer residents, register residents in real-name registration system, and automatically push electronic invoices online.

7. Q: What is the current water quality of tap water in Shanghai?

A: The reporter from Dongfang. com learned that the water quality of Shanghai is assessed according to the national standard, and the comprehensive pass rate has reached 99.8%. In order to ensure the safety of water supply and improve the quality of drinking water, Shanghai water supply industry has taken many measures in recent years.

First, build an ecological reservoir, increase pretreatment facilities of sodium hypochlorite and powdered activated carbon, and continuously improve the quality of raw water.

The second is to carry out advanced treatment and transformation of water plants, and continuously improve the water quality of the factory. The advanced treatment rate of the city has increased from 19% in 2013 to 60% at present. Third, through the rolling renewal of the old pipe network and the renovation of the secondary water supply facilities in residential buildings, online monitoring points and secondary water supply sampling points of the pipe network are set up, and the terminal water quality detection index and frequency are increased to continuously improve the terminal water quality of the pipe network.

At present, compared with the end of the "Twelfth Five-Year Plan", the water quality of Shanghai’s pipe network has decreased by 31%, and the water quality is clearer. The chroma drops by 37%, making the look and feel more transparent; The residual chlorine decreased by 25%, and the taste was further improved. The permanganate index of organic matter in water decreased by 26%, making drinking water healthier and safer.

During the "Tenth Five-Year Plan" period, Shanghai will accelerate the advanced treatment and transformation of water plants, and the advanced treatment rate of water plants will reach 90% in 2025, and the renewal of 2,000 km old water supply pipe network will be completed simultaneously, and the water quality management of raw water, factory water, pipe network water and secondary water supply will be continuously strengthened to continuously improve the drinking water quality of citizens.

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Source: Dongfang. com WeChat WeChat official account

Editor: Fang Jialu

　　Big data shows that 15-year-old "double 11" is a bit "cold".

　　According to Baidu Index, the search index of "double 11" was on the rise from 2011 to 2015, and it basically maintained its popularity in 2016, but it dropped significantly in 2017, only slightly rising in 2019, when live e-commerce rose, and then falling all the way, making 2022 the coldest "double 11" in the past 10 years. It should be said that this year’s "double 11" heat is slightly higher than last year, but judging from the trend, its highlight moment has passed.

　　Baidu index screenshot, provided by the author.

　　From the outside, after the rise of live e-commerce and social e-commerce, strategies such as anchor welfare and 10 billion subsidies have made low prices run through the year. Statistics show that two-thirds of Tmall’s days in a year are shopping festivals, and consumers have long been "desensitized" to big promotions; From the inside, the negative impression of false promotions such as raising prices first and then lowering prices, and getting together for half a day is only one yuan and eighty cents cheaper, has killed consumers’ passion and trust in big promotion. If we catch up with some consumers who are not well off, it will inevitably get cold.

　　However, this does not mean that "double 11" is completely cold. Besides big data, there is another hot "double 11"-

　　There are more and more participants. This year, JD.COM Live and Xiaohongshu e-commerce have entered the market, and the record is good. Take Xiaohongshu as an example. During the "double 11" period, the number of e-commerce orders of Xiaohongshu was 3.8 times that of the same period of last year, and the amount of powder broadcast in stores was 14.2 times that of the same period of last year.

　　The value brought to businesses is becoming more and more accurate. Take Tmall as an example. As of 0: 00 on November 11th, Taobao Tmall has brought more than 100 million new members to merchants, and the turnover of 38,000 brands has increased by more than 100% year-on-year.

　　Some consumers don’t pay attention on the surface, but their actions are sincere. According to the data of the State Post Bureau, from November 1 to 11, the national postal express delivery enterprises collected 5.264 billion express parcels, a year-on-year increase of 23.22%.

　　The figures show that "double 11" is still the most important outbreak period of various brands in a year, and it is the training ground with the most concentrated infrastructure such as supply chain, cloud service and logistics. Today’s "double 11" peak may be the norm in the future. "double 11" has been transformed into a "concern war" and a "value war". Every November, people always think about whether to buy something. For this reason, "double 11" should not be underestimated.

　　Promotion information of "Double Eleven" shopping festival on an e-commerce website. Photo by Xu Qin (Xinhua News Agency)

　　Among all the data, there is a set of data that deserves special attention: this year, in double 11, there are 1,606 new brands that have opened stores in Tmall for less than three years, winning the champion of new trend category, which means that as long as consumers are treated with care, there will be a lot of market opportunities. In Xiaohongshu, there are also 30 brands located in the new track, and their products cover furniture, accessories, bags, new Chinese clothes and so on. Tracks are constantly emerging and brands are changing rapidly. Such a market is full of vitality and the competition is extremely fierce.

　　However, no matter how difficult it is, there is still a chance. Apart from China, it is hard to imagine any other market that can breed so many new brands in a short time. This is the resilience of China’s economy, and it is also the strength of a consumer market with a population of more than 1.4 billion.

　　There’s no need to talk bad about "double 11" now. Even at the end of the attention cycle, there is a long tail effect.

　　How "double 11" behaves next depends on itself. This year, the General Administration of Market Supervision once again issued the "double 11" Guide to Promoting Compliance, emphasizing nine aspects, such as eliminating price fraud, strengthening advertising review, preventing counterfeiting and resolving consumer disputes, which can be called the "longevity guide" of "double 11". "double 11" should be able to accompany consumers in China for several years if we can listen to users’ voices, resolutely implement regulatory regulations and firmly guarantee quality services.

　　(Author She Ying), the original title "Don’t rush to sing" double 11 ""

() The operating comments of the Board of Directors in 2023 are as follows:

　　I. Discussion and analysis of business conditions

In 2023, the company closely followed the development trend of the industry, closely combined with the company’s business practice, further consolidated the stock business, optimized the asset-liability structure, promoted the disposal of inefficient assets in an orderly manner, and sought the company’s stable, healthy and sustainable development.

(1) Operation and management of cinemas and cinemas.

In 2023, the company’s cinema and cinema business actively grasped the favorable trend of industry recovery and promoted cost reduction and efficiency improvement. Strengthen the operation and deployment in key schedules, increase box office revenue, optimize and adjust the categories of cinemas, expand diversified cinema business models, and increase non-ticket income. Among them, Beijing Yaolai Jackie Chan Studios Wukesong Store resumed business on the eve of the National Day in 2023. On the opening day, the box office ranked first in Beijing, and the National Day box office ranked first in the country. The company further promoted the standardization of cinema operation, strengthened refined management, continuously reduced operating expenses by reducing rents, personnel costs and comprehensive energy consumption, shut down the inefficient cinemas and optimized the overall financial situation of the surviving cinemas. By the end of 2023, the company continued to operate 36 cinemas and 283 screens. During the reporting period, the company’s cinema sector achieved a total box office of 318 million yuan (excluding service charges), accounting for 0.63% of the total box office in the country, achieving a decrease in the number of cinemas but an increase in revenue compared with last year; Ranked 17th by box office revenue, with an annual movie attendance of 8.1581 million.

(2) Film and television investment production and distribution business

During the reporting period, the company’s film and television related business closely combined with the development trend of the industry, further adjusted its business strategy, reduced the total investment scale, and further emphasized the choice of themes and partners. Focusing on the strategic positioning of Beijing National Cultural Center, the company participated in the release of many film and television works that promoted the main theme and spread positive energy, and achieved good social and economic benefits.

In terms of film distribution, the company participated in the production and distribution of the official film Beijing 2022 for the Winter Olympics, the film Procuratorial Storm produced in cooperation with the Supreme People’s Procuratorate Film and Television Center, the work about animal protection, Dog Romance, and the inspirational film for rural children, Dream in the Mountains, and other films were successfully released. Among them, "Beijing 2022" was selected as the opening film of Beijing International Film Festival, selected as the key project of Beijing Cultural Boutique Project, and became the world’s first official Olympic film released by commercial cinema; He was reported by Xinhua News Agency, People’s Daily, CCTV News and other media, and won the mainland box office champion in 2023, the documentary attendance champion in 2023, the Dragon Boat Festival, the 61st documentary and the box office champion of sports films in the mainland. He was selected as the opening film of the 12th Beijing International Film Festival, nominated for the best documentary in the 36th () Golden Rooster Award, and won the golden wreath award and the "Olympic and Paralympic Spirit" unit of the 2023 Milan International Sports Film and Television Festival. In addition, during the reporting period, the film Our Winter Olympics, which was produced and distributed by the company, won the Golden Garland Award in the Film Unit of Milan International Sports Film and Television Festival 2023, the film My People，My Country The Wandering Earth, which was produced and distributed, won the Excellent Feature Film Award of the 18th China Film China Watch Award, and the film Miracle-Stupid Child, which was produced and distributed, won the Excellent Feature Film Award of the 19th China Film China Watch Award.

The TV drama and online drama business focuses on the main theme and positive energy projects. During the reporting period, China’s first big-screen film "Prosecutions" and China’s first TV series "Prosecutions" with the theme of procuratorial organs cracking down on new cyber crimes were broadcast in April and May, 2023, respectively. The theme came from the vigorous development of people’s procuratorial work in the new era, which has attracted the attention of the whole people and social familiarity, embodied people-centered creative thinking, and presented a distinct realistic view and positive social influence. The TV series "Days of Iron Horse’s Passion" with strong Beijing characteristics deeply digs into the great historical value of Changxindian, a thousand-year-old ancient town in southwest Beijing, as an important town of manufacturing development in China, the source of revolutionary history and the starting point of the workers’ movement, shows the century-long struggle of China’s national industry represented by railways, shapes a group of characters with distinctive personalities, and carries forward the "artisan spirit" of China’s national industry.

(3) Game R&D and operation business

During the reporting period, the company adhered to the business strategy of creating high-quality games, and started from the aspects of improving product quality and exploring new product categories to continuously improve the efficiency of research and development, distribution and operation of the company.

In terms of market expansion, the company actively explores new modes of cooperation, builds an ecosystem of research, development and transportation oriented by products, markets and users, and forms a benign synergy within the ecosystem; Through strategic cooperation and deep customization, we will gradually form a content-side product matrix to expand and enrich the revenue sources of game R&D and operation business. In 2023, the company’s flagship product "Siege the World" has maintained a stable total flow since it was launched in 2021 through continuous innovation in gameplay and continuous improvement in planning level. In 2023, the global flow reached 941 million yuan; The previous product, Siege Three Kingdoms, continuously improved the entertainment and user experience of the game by calling players to test and verify the core gameplay and listening to players’ suggestions, and launched a series of marketing methods such as the return of old users, which continued to slow down the decline of the original mature products. After years of operation, it continued to exert its strength. In 2023, the global water flow still reached 135 million yuan.

In terms of new game reserves, during the reporting period, the company added two new game products and reserves, which are expected to be launched online in 2024. Among them, Strange Tales of Immortal Fairy (tentative name) is a 3D multiplayer online role-playing product, which is a strategic product for the company to explore high-quality content. It is expected to be launched in June 2024. This product has made diversified innovations in product types, themes, artistic expression and gameplay, and is expected to become the main product of the company. The Three Kingdoms War 2 (tentative name) is a customized game on the H5 platform, which is expected to be launched in October 2024. The product is technically committed to improving the performance of the product engine, improving the quality of art and sound effects of the product, so as to meet the user’s experience demand for high-quality games; In planning, we will devote ourselves to gameplay innovation, design innovation and process optimization to meet the needs of users in interesting and fluent experience.

The company’s own distribution channel "Huluxia" APP channel has further exerted its strength. By the end of 2023, the registered users of "Huluxia" APP reached 37.1529 million, and the cumulative installation amount reached 375 million times. Compared with last year, the monthly active users of the platform increased steadily, showing a strong user base and market potential. In addition, Huluxia platform has completed the development of H5 operation port. In the future, it will do a good job in daily product cooperation with major game manufacturers, create stable game intermodal revenue, and continuously expand the H5 small game intermodal business to increase the game intermodal revenue. At the same time, the team made a major version update on the basis of the original Huluxia platform. Through the newly developed Android virtual machine APP system, the user experience of the game was better enhanced, the user activity and market competitiveness of the platform were enhanced, and the comprehensive income level was further improved.

(D) Promote the withdrawal of inefficient assets and optimize the asset structure.

During the reporting period, the Company concentrated its efforts on promoting the disposal of inefficient assets and the withdrawal of equity investment projects, designed different asset disposal schemes according to the characteristics of different assets and projects, and actively took judicial measures such as litigation and arbitration to speed up the implementation of payment collection. Actively use various means to optimize the company’s asset-liability structure, increase the recovery of film and television project funds, further revitalize assets, increase cash inflows, and lay the foundation for the company’s stable, healthy and sustainable development.

Ii. the industry in which the company is located during the reporting period.

(A) the film and television industry

1. Industry development

(1) Film industry

In 2023, China’s film industry showed a positive development trend, not only in the box office and movie attendance, but also in the diversification of content and the rise of domestic films, showing the vitality of the industry and showing a positive growth momentum.

The recovery of movie-watching demand has driven the market to rise, and domestic films have become the absolute protagonists. According to the data of the National Film Bureau, the total box office of China movies reached 54.915 billion yuan (including service fees) in 2023, returning to the level of 2017, and the number of people watching movies in city cinemas reached 1.299 billion, a record high in the past four years, and the audience’s willingness to watch movies rebounded obviously. With the continuous improvement of the quality and diversification of the content of domestic films, domestic films occupy an increasingly important position in the market, and the box office of domestic films is 46.005 billion yuan, accounting for the proportion.

83.77%, surpassing the record high in 2019. A total of 11 films broke 1 billion at the box office in the whole year, all of which were domestic films; 29 films with a box office of more than 500 million, including 24 domestic films; There are 73 films with box office exceeding 100 million, including 50 domestic films.

Industry production and supply have picked up, and creative enthusiasm has improved. According to the data of the National Film Bureau, 792 feature films were produced in 2023, with a total output of 971 films. In 2023, a total of 510 films were released, including 432 domestic films and 78 imported films. According to the 2023 national film script (synopsis) filing and project publicity data released by the State Film Bureau, in 2023, there were 3,008 films filed and approved nationwide, up 60.34% year-on-year, achieving the first substantial increase in the past five years.

The output value structure of cinemas has recovered well. According to the Annual Inventory Report of China Film Market in 2023 released by Lighthouse Research Institute (), in 2023, there were 12,723 box-office cinemas in China city cinemas, and the number of screens rose to 86,000. The construction of cinemas slowed down, and new cinemas were mainly distributed in third-and fourth-tier cities. The number of medium and high output value cinemas has rebounded, and the number of cinemas with annual box office less than 5 million has dropped. The output value structure of cinemas is healthier than that in 2020-2022. However, due to the obvious effect of box office schedule, 40% to 60% of cinemas are still more dependent on the popular schedule of Spring Festival and summer vacation than the industry average.

(2) TV series industry

The number of TV series on-line continues to decrease, and the creation and production have entered a rational and standardized stage. According to the data in the 2023 China Drama Development Report of the State Administration of Radio and Television and the Development Research Center of the State Administration of Radio, Film and Television, in 2023, 156 dramas with 4,632 episodes were produced nationwide and obtained the Domestic TV Drama Distribution License, which was slightly lower than that of 160 dramas with 5,283 episodes in 2022. The number of TV dramas decreased for eleven consecutive years, and the total number of episodes decreased for eight consecutive years. In 2023, there were 538 national TV drama production records and publicity plays, 67 more than in 2022. This is the first time that the number of TV drama production records has rebounded since the "seven consecutive declines" in 2016. In 2023, a total of 561 online dramas passed the planning and filing, which continued to decline compared with 660 in 2022 and 1,172 in 2021.

The distribution and broadcasting pattern of drama series has undergone profound changes, and the cooperation between Taiwan and the Internet has developed in depth. In the drama market, the proportion of copyrighted dramas is decreasing, while the proportion of customized dramas and sub-account dramas is increasing. The production system of platform-made dramas is becoming more and more mature, and the quality of works is constantly improving, showing a trend that platform-made dramas and self-made dramas replace copyrighted dramas and become the mainstream of the market. Major video platforms are becoming important drama suppliers for TV stations. Compared with the main video platform and the Central Radio and Television Headquarters, the competitiveness of provincial satellite TV stations has dropped significantly, and the advertising revenue has dropped significantly, which has restricted the TV stations’ ability to purchase excellent dramas. The solo broadcast of the five David TV theaters is scarce, and the spell broadcast has become the norm. It has become the norm for the second and third satellite TV stations to broadcast two rounds of dramas, multiple rounds of dramas and simulcasts in prime time at night.

2. Changes in industry policies

On May 21, 2023, the Announcement on the Policy of Exempting Special Funds for the Development of National Film Industry in Phases (Announcement No.9 of the State Film Bureau of the Ministry of Finance in 2023) was exempted from the special funds for the development of national film industry from May 1, 2023 to October 31, 2023. On September 22, 2023, Announcement on Continuing to Implement the Value-added Tax Policy to Support the Development of Cultural Enterprises.

(Announcement No.61 of the State Administration of Taxation, Ministry of Finance, 2023), the income from selling movie copies (including digital copies), transferring movie copyrights (including transfer and licensing), movie distribution income and movie screening income obtained by film group companies (including member enterprises), film studios and other film enterprises that are engaged in film production, distribution and screening according to their functions and powers. The city film screening service provided by ordinary taxpayers can choose to calculate and pay the value-added tax according to the simple tax calculation method according to the current policy. This announcement will be implemented until December 31, 2027.

On August 9, 2023, the Notice of the State Administration of Radio and Television on Further Standardizing the Planning, Filing and Content Review of TV Drama, Online Drama and Online Movie (Guangdian Fa [2023] No.26) was issued, which made clear and emphasized matters such as filing and publicity, filing before broadcasting, governance of water-flooded drama and sky-high film remuneration. Under the policy guidance and the ever-changing market environment, the TV drama industry continues to reduce and improve the quality and deepen the content to create high-quality excellent dramas.

(2) The situation of the game industry

1. The game industry

The domestic game market has obviously picked up. According to the Game Industry Report of China in 2023 and the Game Research Report of China in 2023 jointly compiled by the Game Working Committee of China Music and Digital Association, China Game Industry Research Institute and Gamma Data (CNG), in 2023, the global game market scale was 1,177.379 billion yuan, up 6.00% year-on-year, and the actual sales revenue of the domestic game market was 302.964 billion yuan, up 13.95% year-on-year. Among them, the actual sales revenue of China’s self-developed games in the domestic market was 256.375 billion yuan, up 15.29% year-on-year, among which the actual sales revenue of mobile games increased significantly, accounting for 74.88% of the revenue. The global mobile game market is about RMB 606.267 billion, up by 1.98% year-on-year. The actual sales revenue of China’s mobile game market was 226.86 billion yuan, a year-on-year increase of 17.51%, setting a new record.

The actual overseas sales revenue of self-developed game products decreased year-on-year. According to the Research Report on Games Going to Sea in China in 2023, in 2023, the actual overseas sales revenue of self-developed products in China was USD 16.366 billion, down 5.65% year-on-year. After 2022, it declined again, and the decline rate expanded, so the game going to sea was under great growth pressure. The United States and Japan are still the main overseas markets of China’s mobile games, accounting for 32.51% and 18.87% respectively; South Korea ranks third with 8.18%. In addition, Germany, Britain and Canada together accounted for 9.45%. Overseas emerging markets such as the Middle East and Latin America have not seen significant improvement.

2. Policy changes in the game industry

In 2023, the distribution frequency of game version numbers is relatively fixed, and the number of distribution has also increased significantly. According to official website of the State Press and Publication Administration, in 2023, 1,075 versions of games were issued, far exceeding the 512 versions in 2022. The distribution of the version number in 2023 shows that the competent authorities have begun to show greater transparency and stability in the approval of the version number, which provides more clear market expectations for game companies. At the same time, the support attitude towards high-quality content and innovative games has brought new development opportunities to the industry.

On November 17, 2023, the State Press and Publication Administration issued the Notice of the State Press and Publication Administration on Implementing the Publishing Project of Online Games (Guoxin Departure Letter [2023] No.230), and decided to select a number of online games with correct value orientation, rich cultural connotation and entertaining, so that positive energy will become the main tone for the development of online games. The circular pointed out five key directions: spreading socialist core values, inheriting Chinese excellent traditional culture, showing the development achievements and features of the new era, promoting scientific and technological innovation and application of new technologies, and having international market potential.

On December 22, 2023, the State Press and Publication Administration publicly solicited opinions on the Measures for the Administration of Online Games (Draft for Comment), covering online game approval, content management, distribution and trading of game coins and virtual props, publicity and promotion, and protection of minors. Articles 17, 18 and some other contents of the exposure draft have great influence on the current game industry and are concerned by all parties.

Iii. Business of the Company during the reporting period

(a) the main business.

The company is mainly engaged in the business of film and television and games and its derivative "culture+"business. The main business sectors include cinema and cinema operation management, film and television investment production and distribution, game research and development and operation, and "culture+"business, involving cultural and entertainment-related industries.

(2) Business model

1. The main business model of cinema and cinema operation management business.

The cinema operation business mainly provides film screening services to movie audiences, and also engages in value-added services such as cinema sales and derivative sales, as well as film patch advertisements and cinema venue advertisements. The cinema operation business is mainly for the unified film arrangement and film supply management of subordinate cinemas. Studios and cinemas mainly earn income by collecting non-box office income such as box office accounts, sales and advertisements.

2. The main business model of film and television business

The film investment and production business is mainly for the company to select high-quality themes through careful evaluation and market analysis, develop scripts independently or jointly with other partners, build a crew, and shoot and produce, and finally share benefits and risks according to their respective investment ratios or contractual agreements.

The film distribution business is mainly to promote films to cinemas and cinemas, negotiate with cinemas, arrange film screenings and other services, and obtain income by collecting distribution commissions and fixed returns.

The TV drama investment and production business is mainly for the company to jointly invest in TV drama projects with other investors, or for the company to provide IP and scripts and entrust a third party to produce and shoot TV dramas for the company, and to obtain income or share by transferring the right of communication to TV stations and online video platforms.

3. The main business model of the game business

The company’s main business includes research and development, distribution and operation of mobile games and web games. The company’s online game operation business is divided into three modes according to different operation modes: independent operation, authorized operation and joint operation.

The R&D and operation business of online games is mainly to create high-quality mobile games, web games and other product contents under the established R&D, distribution and channel industrial chain pattern, and to distribute and promote them through cooperation with major game platforms at home and abroad, as well as their own game platforms, so as to obtain income or share through game download income and props sales.

4. The main business model of "Culture+"business

"Culture+"business is based on the company’s strategic development plan, around the company’s existing main business, based on the company’s own brand advantages, diversified layout in the cultural field, expanding the company’s income channels and enhancing the company’s competitiveness.

Iv. analysis of core competitiveness during the reporting period

1. Have a competitive cinema.

During the reporting period, the company’s studio sector achieved a total box office of 318 million yuan (excluding service fees), accounting for 0.63% of the total box office in the country, ranking 17th in terms of box office revenue. The company’s Yaolai Studios Beijing Wukesong Store re-led the country after resuming business on the eve of the National Day. On the opening day of September 28, it won the first box office in Beijing Studios with a box office of 137,000 yuan. In the National Day period, the box office with service reached 2,451,200 yuan, ranking first in the national cinema single store; In the Spring Festival of 2024, it won the national cinema single-store box office champion for 8 consecutive days. The company’s studio has established a stable self-owned membership system, and the membership box office accounts for more than 20%.

2. It has a relatively complete film and television industry chain.

The company’s film and television business covers many links such as production, distribution, cinemas and cinemas, and completely covers the industrial chain system of the film and television industry, providing a powerful and perfect platform for the production, distribution and projection of the company’s film and television works, enabling the company’s various business sectors to coordinate resources, maintain control over film and television products in all links, improve overall operating efficiency, strengthen the sustainability of high-quality content output, and maximize value.

3. Have more efficient game research and development capabilities.

After several years of rapid development and technical accumulation, the company’s game business has continuously strengthened its research and development strength and greatly improved its product quality. The company actively promotes the strategy of "integration of research and transportation", adheres to the strategy of "quality, diversification and globalization", attaches importance to R&D investment and personnel training, and has excellent and efficient R&D capabilities. The self-developed products have the characteristics of high success rate and long cycle. The company has successively launched a variety of self-developed boutique games with a monthly flow of over 100 million yuan. At the same time, the company vigorously upgraded and optimized the R&D project establishment mechanism, established diversified indicators, and set up an incentive ladder system for different categories of products through diversified incentives to better stimulate the enthusiasm and creativity of employees.

4. Have refined long-term game operation ability.

The company combines market characteristics with rich experience in game research and development and operation, and has the ability of refined long-term operation, effectively extending the product life cycle. Through systematic, differentiated and customized traffic operation mode and perfect operation service, the company actively extends the life cycle of high-quality games from the aspects of product game activity planning, gameplay innovation and user’s game experience. The company adheres to the design and operation concept of game player-oriented, attaches importance to all aspects of product quality and customer service, deeply listens to the opinions of the majority of players on the products, responds to market changes in time, adjusts the delivery strategy, and satisfies the player’s game experience through rapid version update and breakthrough in gameplay, which makes the company’s various games have a good reputation and popularity, and has accumulated a certain loyal user group.

5. Strong resource integration ability.

As a state-owned cultural listed company in Beijing, the company operates in a market-oriented way, relying on the resource advantages of the capital cultural industry and the background of shareholders, and has established good cooperative relations with outstanding enterprises, teams, core personnel, special examination and approval institutions and special content resource institutions in the domestic cultural content industry, forming a strong ability to integrate industry resources, and maintaining the sustainable development of relations with outstanding enterprises and talents in the industry based on project cooperation; Based on the exploration and practice of new business and new fields, expand new formats in the cultural field and tap the potential of IP re-creation; Open up () channels, realize the horizontal diversification and vertical integration of the cultural industry chain, strengthen the resource gathering of key schedules and key projects, and reserve high-quality projects at the same time to ensure the depth of business.

V. Main operations during the reporting period

In 2023, the company further shut down the inefficient studios; Due to market contraction and uncertain industry prospects, its cultural and entertainment brokerage business was shut down; Some of the company’s film and television projects were affected by factors such as the market and actors, and the distribution effect was not up to expectations or could not be promoted, and the film and television business continued to decline. In addition, in 2023, due to the decline of siege series games, the development progress of reserve games was lower than expected, so the goodwill of the game sector showed signs of impairment. Considering the above factors comprehensively, in 2023, the company accrued 887 million yuan of goodwill impairment loss to Yaolai Studios and the game sector, which had a great impact on the company’s net profit. The company’s film and television projects are affected by immoral artists, and the distribution is facing greater risks. Although post-editing and re-shooting work are carried out, there are still major uncertainties, so the provision for inventory depreciation is 164 million yuan. In recent years, due to the large operating losses and tight funds, some projects are overdue or unable to be paid on time, resulting in liquidated damages, late fees, etc. According to the latest progress of pending litigation and the expected compensation for breach of contract, the estimated liabilities are about 91 million yuan. Due to the slow development progress, Jinniuhu Project was not completed as scheduled as agreed in the agreement, and the risk of the company’s actual obligation to pay fines, liquidated damages and other expenses related to land development was significantly increased. According to the possibility of payment, the estimated debt was accrued to 200 million yuan. Affected by the superposition of the above factors, the company lost 1.647 billion yuan during the reporting period.

By the end of 2023, the net assets attributable to shareholders of listed companies were-1.037 billion yuan and the total assets were 3.005 billion yuan, a decrease of 40.47% compared with the end of 2022.

By the end of 2023, the company’s total share capital was 1,854,853,500 shares, unchanged from the previous period.

VI. The Company’s Discussion and Analysis on the Company’s Future Development

(A) the industry pattern and trends

1. Film and television industry

The box office tends to concentrate on the head. The box office of Chinese movies is increasingly affected by the explosion. In 2023, the box office of the top five movies accounted for 33.83% of the total box office of the country, and the box office of the top ten movies accounted for 48.51%, both of which were further higher than in 2019. At the same time, the box office is further concentrated in key periods. In 2023, the box office of summer, Spring Festival, National Day and other holidays accounted for 37.5%, 12.3%, 5.0% and 7.5% of the total box office in the whole year, accounting for 62.4% of the national box office.

The box office continues to sink to third-and fourth-tier cities. The proportion of box office in first-tier cities dropped from 19.1% in 2019 to 16.6% in 2023, while that in second-tier cities dropped slightly from 40.9% in 2019 to 39.3% in 2023, and that in third-tier cities rose from 16.2% in 2019 to.

17% in 2023, and fourth-tier cities rose from 23.7% in 2019 to 27.1% in 2023. Newly-built studios have mainly sunk to second-,third-and fourth-tier cities, and the number of screens and single-screen box office have reached new highs.

The right to speak TV series is gradually transferred from the production organization to the broadcasting platform. With the rise of video platforms and the increasing proportion of customized dramas, on the one hand, production organizations are highly bound to creators, and actively realize highly stylized creative attempts; on the other hand, they establish a stable production and broadcasting relationship with platforms to realize efficient product output, which impacts the traditional pattern. The head production company market shows obvious differences, and the new generation creative companies hold up half of the market with a brand-new attitude.

2. Game industry

The game market has entered a mature stage. From the perspective of market size, the actual sales revenue growth in the domestic game market has slowed down significantly since 2018, and the actual sales revenue of self-developed games overseas has also declined for two consecutive years. From the scale of active households, in 2023, the number of game users in China was 668 million, up 0.61% year-on-year, and the number of mobile game users was about 657 million, up 0.38% year-on-year. Compared with the data of 526 million game users and 605 million mobile game users in 2018, the growth of users slowed down significantly. Judging from the game duration and willingness to pay, according to the statistics of the game industry report in 2023, the game duration of some users has decreased, and it is expected that the payment amount will also decrease accordingly; According to the "Analysis Report on the Trend and Potential of Game Industry in China in 2024" released by Gamma Data, in the latest user questionnaire, the proportion of users whose game duration has decreased has exceeded that of users who have increased, and the proportion of users who are expected to spend less on games in the future has also exceeded that of users who spend more.

The cost of game distribution continues to increase. According to DataEye data, in 2023, the number of games in mobile games reached 22,000, up over 10% year-on-year, and the amount of materials was 26.86 million, up 94% year-on-year. With the increase of exposure demand, the soaring number of products in investment and the decline of players’ consumption level, the buying end is more involuted, the competition is fierce and the buying cost is rising.

The small game market is growing rapidly. According to the Game Industry Report of China in 2023, due to the rapid increase of the realization mode of in-app purchase and payment, the market scale grew rapidly, and the annual revenue in 2023 reached 20 billion yuan, up 300% year-on-year. With the advantages of lightweight gameplay, a large number of enterprises began to choose to lay out small games through small game authentication and running mode, reaching more users through the characteristics of click-and-play and easy sharing fission, and realizing the transformation of mobile games.

(II) Company development strategy

As a state-owned listed cultural enterprise in Beijing, Wentou Holdings will closely focus on the positioning of Beijing National Cultural Center, strengthen the responsibility and responsibility of state-owned enterprises, take the mission of building a leading cultural content and channel enterprise, constantly strengthen the awareness of high-quality development, constantly consolidate the stock business through optimizing layout, deepening management and standardizing operation, fully promote risk resolution, explore innovative development models in line with industry laws and market trends, and enhance the company’s profitability and core competitiveness.

The cinema sector will focus on the existing cinema space resources, customer base resources, film and television distribution, the whole industrial chain resources of cinema, technology and channel resources, optimize the regional layout and management of cinemas, actively innovate, link up and expand new ecology, enhance internal management and risk control capabilities and support, and achieve the goal of orderly operation, efficiency improvement and performance competition of cinemas.

On the premise of controlling investment and risk, the film and television business will adhere to the realistic creative path around important time nodes and major themes, explore the creative direction of major revolutionary themes, major historical themes and major realistic themes, and create a "Beijing model" for the new era of Acura.

The game business will continue to deepen the core advantages of "quality products", enrich the game categories, explore excellent channels and operating companies, explore new modes of cooperation, build an ecosystem of research, development and transportation oriented to products, markets and users, gradually form a product matrix at the content end, and expand and enrich the income sources of the game operation business.

The company will continue to strictly implement the requirements of securities supervision, industry-related rules, regulations and policies, adhere to the correct orientation, bravely assume social responsibilities, and strive to achieve a stable, healthy and sustainable development pattern.

(3) Business plan

In 2024, the cinema sector will fully guarantee box office output and increase non-ticket income. Do a good job in arranging films in key slots, and at the same time strengthen the new media platform to attract customers, enhance the brand image and passenger flow transformation of studios, and increase the box office income of key slots. By optimizing the category and display of products sold, strengthening the standardized training of promotion and other measures, the customer’s willingness to consume will be increased and the sales income will be increased. Carry out cinema venue activities through cross-border cooperation, innovate the cross-border business model, and on the basis of the existing diversified position scene of "position income +VR+ technology", focus on exploring and trying more new modes and new scene opportunities such as "VR+ cinema+position", "VR+AI" and "AI+cinema+film and television" to expand the income of business cooperation. Strengthen the new media platform’s customer outreach function, increase customer base drainage and enhance brand awareness and reputation, continue to promote standardized and refined management of operations, and scientifically control various operating expenses.

(2) Film and television investment production and distribution business

The company’s film and television business will further focus on improving quality and reducing quantity, speed up the production and distribution of stock film and television projects, and successfully complete the announcement of "Beijing 2022". On the basis of ensuring the smooth operation of the business, we will focus on the content production of major themes and realistic themes, give full play to the advantages of platform resources of state-owned enterprises, strengthen cooperation and alliance with high-quality enterprises and industries inside and outside the industry, and strive to establish differentiated brands and enhance the influence value in the film and television industry.

(3) Game R&D and operation business

1. Effectively enhance the strength of self-research and develop multiple product matrices.

Implement the "high-quality and diversified" measures to achieve a double breakthrough in the quality and quantity of self-developed products. In 2024, we will continue to operate the game products of Siege Three Kingdoms and Siege the World, maintain and maintain the good cooperative relationship of existing channels, and actively expand new cooperative channels and overseas distribution channels. In terms of new product reserve, we will strive to complete the research and development of products such as "Strange Tales of Immortal Immortals" and "The War of the Three Kingdoms 2" (tentative name) on schedule. At the same time, according to the overall product strategy and market situation, formulate corresponding research and development plans and online promotion plans. In the future, we will continue to make diversified innovations in product types, themes, artistic expressions and gameplay, and strive to launch diversified boutique games with high quality and long life cycle to meet the needs of different types of players.

2. Expand the advantages of going to sea to help spread Chinese culture.

The company will further give full play to the first-Mover advantage in overseas markets, continuously expand the scale of overseas business by relying on the company’s game research and development capabilities and localized marketing capabilities, and at the same time integrate the excellent traditional culture of China in terms of game themes, content and gameplay, and promotional materials, and launch more excellent works with China characteristics, China spirit and China wisdom.

(D) Actively promote restructuring and improve the structure of assets and liabilities.

On February 19, 2024, the company received the Notice from Beijing No.1 Intermediate People’s Court (hereinafter referred to as "Beijing No.1 Intermediate People’s Court" or "the Court"). The creditors of the company applied to Beijing No.1 Intermediate People’s Court for reorganization of the company on the grounds that the company could not pay off the debts due to the applicant and obviously lacked solvency, but it still had reorganization value and reorganization possibility, and applied to start pre-reorganization of the company. On February 26th, 2024, the company received the Decision from Beijing No.1 Intermediate People’s Court on starting the pre-reorganization and appointing the temporary manager during the pre-reorganization period, and agreed to start the pre-reorganization and appoint the temporary manager at the same time. On March 1, 2024, in order to smoothly advance the company’s pre-reorganization and reorganization procedures, and restore and enhance the company’s sustainable operation and profitability, the temporary manager launched an open recruitment and reorganization of investors. On March 29th, 2024, the deadline for submitting the restructuring investment plan to the intended investors expired. A total of 22 intended investors (if two or more enterprises form a consortium to register, they will be regarded as one intended investor) submitted a binding restructuring investment plan, among which one intended investor has explicitly participated in the investment as an industrial investor. In order to strive for more favorable commercial conditions for the reorganization of the company, the company and the temporary manager are further conducting commercial negotiations with the intended investors. The company will actively promote the smooth implementation of this reorganization, substantially improve the company’s asset-liability structure, and protect the interests of the company and all creditors and shareholders to the maximum extent.

(E) divest inefficient assets and improve asset quality.

In order to improve the operating efficiency and market competitiveness of the company’s main business, the company will continue to promote the disposal and divestiture of inefficient assets and improve the overall quality of existing assets. In the cinema business segment, the company will further sort out and shut down loss-making stores while retaining high-quality cinema stores, and concentrate resources on high-quality stores to expand the market competitiveness of high-quality stores. The film and television sector will strengthen negotiations with project partners and collect film and television accounts receivable as soon as possible. The game sector will continue to give full play to the advantages of the company’s R&D and innovation capabilities, increase the exploration of new products and new business models, and create new business growth points. Foreign equity investment will accelerate the full withdrawal of existing projects, realize the depreciation of assets and complete the cash return through withdrawal.

(4) Possible risks

1. Risk of improper behavior of participants

The film and television project has a long cycle and involves a wide range of people. Once the main participants have negative events, the film and television project will be put on hold, unable to be released or increase the production cost, which will damage the project income and even make the company face default. The company will reduce the losses caused by the problems of the participants by strengthening the background investigation of the partners and strengthening the effectiveness of the binding clauses in the agreement.

2. Risk of changes in market demand

As a subjective nonstandard product, film and television products have unstable supply-demand relationship and high emotional value, so it is difficult to quantify the evaluation and judgment. But content quality is always the main criterion that can stand the market test. The company will combine its core competitiveness in subject matter and resources, and insist on creating high-quality content output with main theme.

The development projects of Jinniuhu Theme Park and E-sports Entertainment Industrial Park are tested by multiple factors in the market. For example, major changes in the future market are not conducive to the project operation, or major changes in market demand are caused by other uncontrollable factors, or the financing is not timely. The project may face the risk of failing to build according to the agreed schedule or even terminating the project, and the company may be required to bear the risk of related fines, liquidated damages and other expenses.

3. Industry regulatory policy risks

At present, the relevant government regulatory authorities attach great importance to the healthy development of the online game industry, and the supervision of the online game industry continues to increase, and the threshold for online game-related business qualifications and licenses has also increased. On December 22, 2023, the State Press and Publication Administration publicly solicited opinions on the Measures for the Administration of Online Games (Draft for Comment), and put forward specific requirements on the publishing and operation of online games and the protection of minors. In view of the uncertainty whether all kinds of new game products that the company will continue to develop in the future can pass the pre-approval of the competent authorities, such as the deviation between the company’s understanding of regulatory laws and regulations when reviewing the content of game products in the research and development process, or the fact that the content of game products in the future does not meet the requirements of current regulatory laws and regulations, or violates relevant regulations during the operation of game products, there may be compliance risks such as being ordered to rectify, punished or even terminated, which will have an adverse impact on the company’s daily operations.

4. Market competition risk

With the online game industry gradually entering a mature stage, the industry competition is becoming increasingly fierce, and the external competition is intensifying. At the same time, users of online games are becoming more and more mature, and the quality requirements of products are increasing day by day. The online game industry has formed a fierce competition pattern in terms of gameplay innovation, game operation and channel promotion. The head company has obvious advantages and the industry iteration speed is accelerated. Although the company has rich experience in game R&D and operation, it has a strong competitive advantage. However, with the upgrading of game products and the constant change of user habits, facing many competitors in the industry, the increasingly fierce market competition may make the company unable to adapt to the changes in market demand, strengthen its core advantages and expand market share. At the same time, the industry form and hot spots are rapidly changing, and the oligopoly pattern of resources such as users and channels is increasingly intensified. If the company can’t continuously develop new high-quality games and make use of various channels and technological research and development advantages to become bigger and stronger quickly, fierce market competition may have an adverse impact on the company’s performance.

5. Risks related to reorganization and pre-reorganization

(1) Whether the court accepts the company reorganization is uncertain.

Pre-reorganization is the pre-procedure for the court to formally accept the reorganization, and the court’s initiation of the company’s pre-reorganization does not mean that the company’s reorganization is officially accepted. As of the disclosure date of this announcement, the company has not received the legal documents of the court on accepting the reorganization of the company, and there is still great uncertainty whether the court accepts the reorganization of the company.

(2) There is uncertainty in publicly recruiting and reorganizing investors.

Although the intended investors have submitted a binding restructuring investment plan, the company still needs to negotiate the restructuring investment plan and sign a formal restructuring investment agreement. There is still great uncertainty whether the company can sign a formal restructuring investment agreement with the intended investors.

(3) Being warned of delisting risk and terminating listing risk.

The company is currently in the pre-reorganization stage. According to the Listing Rules of Shanghai Stock Exchange, if the court formally accepts the reorganization of the company, the company’s shares will be warned of delisting risk. If the company enters the reorganization procedure but fails, it will face the risk of being declared bankrupt by the court. According to the Listing Rules of Shanghai Stock Exchange, if the company is declared bankrupt by the court, the company’s shares will face the risk of being terminated from listing.

6. Warning of production and operation risks and possible delisting risks.

The audited net assets attributable to the owner of the parent company in 2023 are negative. According to Article 9.3.2 of the Listing Rules of Shanghai Stock Exchange, the company’s shares will be warned of delisting risk. If the financial indicators in the audited financial accounting report of the company in 2024 touch the financial mandatory delisting stipulated in the Listing Rules of Shanghai Stock Exchange, the company’s shares will face the risk of being terminated from listing.

7. The actual controller changes the uncertain risk of progress.

On March 1, 2024, the company issued the Prompt Announcement on the Free Transfer of the Equity of Indirect Controlling Shareholders and the Proposed Change of the Actual Controller. Up to now, this equity transfer is going through the formalities in accordance with the relevant requirements of state-owned assets management, and there is still uncertainty about the completion time of this equity transfer and the change of the actual controller of the company.

8. Litigation and debt risk

At present, the company is involved in many lawsuits, and there is a risk of asset loss caused by losing the case; At the same time, the company’s current outstanding debts are large. If the company’s reorganization fails, or the subsequent operation fails to be effectively improved, the company will have the risk of litigation, asset freezing and asset loss caused by the failure to pay off debts.

N Our reporter Liao Qingsheng Gao Minwen/map

[Citizen’s Response] Yesterday morning, Mr. Zhuang called our newspaper 968111 to report that parking is free in Rongcheng Square, Jinshan, Fuzhou, and no tickets will be posted. Many people who work nearby parked their cars, and some cars that came in late stopped directly on the blind road, hoping that the relevant departments could guide them.

[Check immediately] Yesterday morning, the reporter saw at the scene that there were two rows of cars parked on the passage in the square, and the aisle next to the flower garden was a blind road, but they were all full of cars. The reporter noticed that there were many "Do not occupy the blind road" signs hanging in the parking place, but the warning signs did not stop the car owners from occupying the blind road.

[Reporter’s connection] The staff of the Plaza Property Office said that some of these cars are merchants, and many of them are parked. Because the property can’t judge whether the owners come in for shopping, they can only be released. For the behavior of occupying the blind road, the property office has repeatedly discouraged it and installed warning signs, but some car owners still ignore it. "The property has no law enforcement power. In addition to strengthening dissuasion, we will also try to negotiate with the police to see if there are better management methods." The staff said.

Thank Mr. Zhuang for providing clues and rewarding 30 yuan.

　　Xinhua News Agency, Beijing, April 1st Title: The city of the future is striding forward — — Review on the Sixth Anniversary of Building xiong’an new area with High Standards and High Quality

　　Xinhua News Agency reporters Li Fengshuang, An Bei, Yan Fujing and Zhang Tao.

　　In the warm spring of April, Beijing is more than 100 kilometers to the south, Baiyangdian is rippling, and full of green is a "Millennium Xiulin", and the construction of the start-up area is in full swing … … The embryonic form of a modern new city appeared.

　　On April 1st, 2017, Xinhua News Agency was authorized to announce that the Central Committee of the Communist Party of China and the State Council decided to set up xiong’an new area.

　　This is Xiong ‘anmen, xiong’an new area (photo taken on March 15th, 2023). Xinhua News Agency reporter Zhu Xudong photo

　　The establishment of xiong’an new area in Hebei Province is a major decision made by the CPC Central Committee with the Supreme Leader as the core to further promote the coordinated development of Beijing, Tianjin and Hebei, and it is a Millennium plan and a national event. General Secretary of the Supreme Leader personally made decisions, personally deployed and personally promoted, and devoted a lot of efforts to guide the planning and construction of xiong’an new area.

　　In 6 years, more than 2,000 days and nights, xiong’an new area is a city of the future with high starting point planning, high standard construction and high quality development. It has broken ground, sprouted and grown, and strode towards us.

　　High standards, new ideas — — Relieve Beijing’s non-capital function and build a benchmark city

　　At 6: 56 in the morning, the reporter’s Fuxing high-speed train departed from Beijing West Railway Station on time, all the way south, stopped at Beijing Daxing International Airport, and arrived at Xiong ‘an Station in Zangang Town, Xiongxian County, xiong’an new area after more than 50 minutes.

　　A high-speed train leaves Xiong ‘an Station of Jingxiong Intercity Railway for Beijing (photo taken on March 22, 2023). Xinhua News Agency reporter Yan Yushe

　　Today, there are 14 pairs of intercity trains between Beijing and Xiong ‘an every day. With the acceleration of the construction of the external backbone transportation network, the ancient capital of the Millennium and the city of the future are increasingly closely linked and integrated.

　　About 30 kilometers to the west of Xiong ‘an Station, tower cranes stand in the core area of xiong’an new area Start-up Zone, and builders sweat on this hot land, constantly refreshing "China Quality" and "China Speed".

　　On the new journey of building a socialist modern country in an all-round way, xiong’an new area, as an important wing of Beijing’s development, is accelerating the rise of Beijing-Tianjin-Hebei, an important pole of high-quality development in China.

　　Time goes back to more than six years ago.

　　On the morning of February 23, 2017, General Secretary of the Supreme Leader made a special trip to Anxin County, Hebei Province to inspect the general situation of the core area of the planned new district. In Xiaowangying Village, Dawang Town, the general secretary walked into an open field and looked far away. This is the core plot of the planned xiong’an new area starting area.

　　At noon that day, a small symposium was held in Anxin County. General Secretary of the Supreme Leader emphasized that the planning and construction of xiong’an new area is a strategic choice of great historical significance and a historic project to relieve Beijing’s non-capital function and promote the coordinated development of Beijing, Tianjin and Hebei.

　　Since the 18th National Congress of the Communist Party of China, the CPC Central Committee with the Supreme Leader as the core has deployed a major strategy to promote the coordinated development of Beijing, Tianjin and Hebei. The core is to explore a mode of optimal development of densely populated areas and find a way to solve the "big city disease" with China characteristics.

　　The planning and construction of xiong’an new area is the key to further promote the implementation of the grand strategy of coordinated development of Beijing, Tianjin and Hebei, and to build a centralized bearing place for Beijing’s non-capital functions.

　　In xiong’an new area Planning Exhibition Center, the "1+4+N" planning system on the exhibition board attracts visitors’ attention.

　　On January 16, 2019, General Secretary of the Supreme Leader came here to listen carefully to the introduction of the overall planning, policy system and construction of the new district. The general secretary stressed that the new district should first be forward-looking and leading in the concept of planning and construction. We must fully implement the new development concept, adhere to the requirements of high-quality development, and strive to create a benchmark for high-quality development in the new era.

　　Millennium plans must stand the test of history and reflect the style of the times.

　　This is the Baiyangdian Tourist Terminal in xiong’an new area (photo of drone on September 7, 2022). Xinhua News Agency reporter Yang Shizhen photo

　　Since the establishment of xiong’an new area, we have insisted on "planning every inch of land clearly before starting construction, and don’t leave historical regrets". More than 60 academicians, more than 200 teams at home and abroad, and more than 3,500 experts and technicians have participated in the preparation of the new district planning system; Guided by the Planning Outline of xiong’an new area, Hebei Province, four basic plans and more than 20 special plans have been formed, namely, the overall planning of xiong’an new area, the regulatory planning of the starting area, the regulatory detailed planning of the starting area, and the ecological environment control and protection planning of Baiyangdian Lake.

　　After "planning", xiong’an new area’s construction and development have been accelerated in an all-round way. In 2019, a major shift from planning to construction will be realized; In 2020, it will enter a new stage of large-scale construction; In 2021, it will enter an important stage of undertaking Beijing’s non-capital function and simultaneous construction … … A blueprint is drawn to the end, and a beautiful picture of high-quality development is slowly unfolding.

　　It is the initial intention to set up xiong’an new area to build a centralized bearing place for relieving Beijing’s non-capital functions.

　　This is the project site of Xiong ‘an Sports Center located in the start-up area of xiong’an new area (photo taken on March 15th, 2023, drone photo). Xinhua News Agency reporter Zhu Xudong photo

　　At the beginning of the establishment of the new district, General Secretary of the Supreme Leader emphasized: xiong’an new area is different from the new district in the general sense, and its orientation is firstly to relieve Beijing of its non-capital functional centralized bearing place, focusing on undertaking administrative institutions, headquarters enterprises, financial institutions, universities and research institutes, etc., which do not meet the requirements.

　　In accordance with the decision-making arrangements of the CPC Central Committee and the State Council, starting from 2021, we will focus on universities, hospitals and headquarters of central enterprises affiliated to ministries and commissions in Beijing, and promote relevant non-capital functions to xiong’an new area in stages and batches.

　　In the enterprise headquarters area of the start-up area, the reporter saw that the construction of China Sinochem headquarters base has entered the construction of the main structure above the ground, with dozens of steel structure columns erected high and octagonal shapes beginning to appear. This building with the design concept of "Golden Reed" in Baiyangdian symbolizes endless growth.

　　Xiong’ an Campus of Beijing No.4 Middle School and Xiong’ an Campus of Shijia Hutong Primary School (photo taken on March 26th, 2023, drone photo). Xinhua News Agency reporter Yang Shizhen photo

　　Not far away, as the first central enterprise registered and settled in xiong’an new area, the main structure of the xiong’an new area headquarters building project of China Satellite Network Group Co., Ltd. entered the secondary structure construction stage and is scheduled to be completed by the end of this year; China Huaneng headquarters has been accelerated, and China Mineral Resources Group has determined the location. A few kilometers away, the projects of Beihai Kindergarten Xiong ‘an Campus, Shijia Hutong Primary School Xiong ‘an Campus and Beijing No.4 Middle School Xiong ‘an Campus have been delivered, the first phase of Xiong ‘an xuanwu hospital Project has basically ended, and Xiong ‘an Sports Center and University Park Library have sprung up … …

　　This is the Xiong ‘an xuanwu hospital project located in the start-up area of xiong’an new area (photo taken on March 15th, 2023, photo of UAV). Xinhua News Agency reporter Zhu Xudong photo

　　Up to now, central enterprises have set up more than 140 institutions in xiong’an new area, including more than 90 secondary and tertiary subsidiaries, and more than 3,000 registered enterprises in Beijing have invested in the new district.

　　In order to speed up the implementation of the project, xiong’an new area has set up three special classes to undertake corporate headquarters, universities and hospitals, and adopted the service working mechanism of "one project, one team, one scheme and one follow-through".

　　Li Bo, deputy commander of the headquarters of xiong’an new area Start-up Area, said that the headquarters set up a project promotion team to "move" the work station to the construction site, ask about the difficulties encountered in the process of enterprise construction on the spot, solve small problems on the spot, and immediately organize relevant departments to coordinate and deal with cases that are not easy to handle.

　　Starting with a pen is the vision of the world, and setting pen to paper is the benchmark of the times.

　　In today’s xiong’an new area, the embryonic form of the city has emerged: the spatial pattern of urban and rural areas is clear and clear, the design of urban and architectural features is steadily advanced, the "four systems" of urban peripheral road framework, internal backbone road network, ecological corridor and new district water system run through the whole region, the urban functions are constantly improved, and the urban framework is fully opened.

　　Speed up the formation of underground city: Spider-web cables have disappeared, and supporting facilities such as electricity, communication, heat, gas and water supply have all been installed in the 47.6-kilometer underground pipe gallery that has been completed and put into operation in advance. More than 20 kinds and nearly 10,000 sets of front-end sensing devices are laid in the underground pipe gallery to realize full coverage of video surveillance.

　　"Xiong ‘an on the Cloud" was initially completed: for the first time in the history of urban construction in China, the simultaneous construction of digital cities and real cities was realized in the whole region. Every building and street lamp in real cities corresponds to each other in digital cities.

　　At the end of 2022, Xiong ‘an City Computing Center, as the "urban brain", was officially put into operation, providing network, computing and storage services for big data, blockchain and Internet of Things in digital twin cities, creating a smart scene.

　　With world vision, international standards, China characteristics and high-point positioning, xiong’an new area is blooming with great vitality.

　　High level, new home — — Adhere to the people as the center and build a livable city.

　　This is the Rongxi area in xiong’an new area (photo taken on August 25th, 2022, photo of drone). Xinhua News Agency reporter Zhu Xudong photo

　　More than ten kilometers to the north from the corporate headquarters in the start-up area, on Nanyuan South Square in xiong’an new area Yuerong Park, a photo art exhibition called "Seeing Xiong ‘an" recorded the butterfly changes in the new area.

　　One photo after another frames the reeds in Baiyangdian Lake, playful children and modern city features. Outside the photo, the people who stopped to watch the new district, the ecological landscape corridor in full of green, and the resettlement houses with both traditional and modern architectural styles and designs form a harmonious picture of people, scenery and city.

　　Streets and parks in the Rongxi area of xiong’an new area (photo taken on March 31, 2023, photo of drone). Xinhua News Agency reporter Yan Yushe

　　At the beginning of the planning of the new district, the General Secretary of the Supreme Leader pointed out the direction for the construction of the city: "We must persist in taking the people as the center and proceed from the needs of the citizens, so as to achieve density, green and low carbon, return to the original, provide a livable environment and high-quality public services, and effectively attract the population and functions of Beijing."

　　In the past six years, the background color of the people painted on this white paper has become more and more intense.

　　In spring, Baiyangdian Lake is dotted with more than 140 lakes. On the misty water, various birds such as spotted ducks and mallard ducks are living and foraging.

　　According to Jia Guoyong, Deputy Secretary-General of xiong’an new area Xiongxian Bird Protection Association and Bird Inspector of Xiongxian Forestry Center, the increase of birds is a direct manifestation of ecological improvement in this water area.

　　"The emergence of new bird species in such groups was rare before, and the environment in Baiyangdian is indeed getting better." At the end of last year, a large group of baikal teal photographed by Jia Guoyong was recognized as one of the new bird species in Baiyangdian.

　　Adhere to ecological priority and green development, and build a new area integrating green, forest, wisdom and water city. According to the Planning Outline of xiong’an new area, the future Xiong ‘an will be embedded in the ecological space interwoven with blue and green, and the proportion of blue and green space will be stable at 70%.

　　Baiyangdian Lake has experienced the largest systematic ecological management in history, and the water quality has been upgraded from inferior V to III, with 252 species of wild birds, 46 more than before the establishment of the new area, and the function of Baiyangdian Lake as the "kidney of North China" has initially recovered;

　　More than 470,000 mu of "Millennium Xiulin" has been spread in an orderly manner, and more than 280 species and more than 23 million seedlings have thrived in the new area. The forest coverage rate has increased to 34%, and PM2.5 has decreased by 37% compared with that before the establishment of the new area & hellip; …

　　In the past six years, the ecological pattern of full of green and Shuicheng has gradually taken shape, and the ecological spatial pattern of "one lake, three belts, nine pieces and many corridors" has taken shape. The scenery and life of an idyllic city with 300 meters into the park, 1 kilometer into the forest belt and 3 kilometers into the forest are becoming a reality.

　　A safe and convenient three-level road system, the landscape environment of pushing the window to see the green and opening the door to enter the park, not pursuing super-high buildings, emphasizing the balance between occupation and residence & HELIP; … At present, 1,500 residential buildings have been put into use in Xiong ‘an key residential area, nearly 120,000 people have moved to new homes, supporting facilities such as schools, hospitals, supermarkets, parks and pension stations have been gradually improved, and the "15-minute living circle" has been accelerated.

　　According to the latest report of Xiong ‘an Green Research Think Tank, xiong’an new area people’s evaluation and satisfaction with the public services in the new district have improved significantly. As a city of people, the level and quality of public services not only affect the happiness of the people in the new district, but also determine the bearing capacity and attractiveness of the new district.

　　The water system in Rongdong area of xiong’an new area is bathed in the morning light (photo taken on March 31, 2023, photo of drone). Xinhua News Agency reporter Yan Yushe

　　Walking into Xiong ‘an Rongdong Branch of Beijing No.80 Middle School, located in Rongdong ‘an District, the standard playground of the 400-meter track is clean and tidy, with geography classrooms, history classrooms, math classrooms and psychological consultation rooms … …

　　Students from Yunxi Primary School in Rongxi District, xiong’an new area do exercises on the playground (photo taken on March 23rd, 2023). Xinhua News Agency reporter Yan Yushe

　　2023 is the fifth year that Hu Youyong, president of Xiong ‘an Rongdong Branch of Beijing No.80 Middle School, aided Xiong ‘an Education. "In the past five years, I have deeply felt the continuous development of Xiong ‘an education and the power of reform and innovation. It’s not easy for Xiong ‘an people to enjoy a high-quality education at their doorstep, but it’s also true for me ‘ Temptation ’ 。” The educator who is in his sixties said.

　　The staff worked in the monitoring room of underground pipe gallery in Xiong ‘an Rongdong (photo taken on March 30, 2023). Xinhua News Agency reporter Zhu Xudong photo

　　Wang Ruizhi, head of the Education Group of xiong’an new area Public Service Bureau, said that since the establishment of the new district, there have been 29 schools in Rongdong, Rongxi and Xiongdong districts, and nearly 20,000 children of the relocated people have enjoyed better education. "Education is a key factor in determining the future development of xiong’an new area. While upgrading hardware, it is a top priority to continuously improve the level of education. " He said.

　　"People come to Xiong ‘an for a better life besides work. In the second half of China’s urbanization, more attention was paid to ordinary people’s yearning for a better life, and Xiong’ an had to look for various possibilities. " Li Xiaojiang, an expert from the Beijing-Tianjin-Hebei Collaborative Development Expert Advisory Committee, said.

　　This is the Millennium Xiulin in xiong’an new area (photo taken on September 6, 2022, photo of drone). Xinhua news agency

　　"The water town of Huaxian County is now Xinyi, and the ancient city of Jiangnan in the north." Xiong’an new area, a land with a long history of thousands of years and a glorious revolutionary tradition, is exploring a new era model of a modern livable and suitable city.

　　High quality, new mechanism — — Persist in reform and opening up and build a city of innovation

　　The construction and development of a new city must respect the laws of urban development and construction. At the beginning of the establishment of xiong’an new area, General Secretary of the Supreme Leader emphasized that the construction of xiong’an new area is a historic project, and we must maintain historical patience and have the spiritual realm of "I don’t have to be successful".

　　Entering the stage of undertaking Beijing’s function as a non-capital city and simultaneously advancing its construction, all the key tasks of xiong’an new area are rolling stones up the mountain, climbing over hurdles and tackling difficulties.

　　The start-up area, with a total area of 38 square kilometers, is the first construction area in xiong’an new area, which undertakes the important tasks of landing the first batch of Beijing non-capital functional relief projects, gathering high-end innovation elements and showing the embryonic form of the new district.

　　"Always bear in mind xiong’an new area’s initial mission as a centralized bearing place for Beijing’s non-capital functions, promote the relief projects to give priority to the new district start-up area, form scale effect and gather popularity, and build the start-up area into a high-quality model for carrying Beijing’s non-capital functions." The relevant person in charge of the National Development and Reform Commission said.

　　Industrial agglomeration and talent gathering are the keys to urban development.

　　Entering the pilot base of Science and Technology Innovation Center located in Zangang, Xiongxian County, standard factories have been built, which can meet the needs of enterprise research and development, pilot test and achievement transformation. In the workshop of Yuexiang Xiong ‘an Technology Co., Ltd., a production line has been installed, and the intelligent vehicles assembled from here will be applied to many intelligent scenes in Xiong ‘an.

　　The intelligent networked bus line 901 test vehicle stopped on the road in Rongdong District, xiong’an new area, Hebei Province (photo taken on March 20, 2023). Xinhua News Agency reporter Yan Yushe

　　"At present, the intelligent networked bus we produced has been road tested in Rongdong District, xiong’an new area, and will soon be included in the urban bus system in this area." Liu Long, factory director of Yuexiang Xiong ‘an Technology Co., Ltd., said that the enterprise will also cooperate with some well-known universities to set up an intelligent network teaching and training base in Xiong ‘an.

　　With the acceleration of Beijing’s non-capital function relief, a number of market-oriented relief projects have been promoted in an orderly manner, and the city’s comprehensive carrying capacity has continued to improve.

　　Just after the two sessions of the National People’s Congress, Qi Xiangdong, member of Chinese People’s Political Consultative Conference and chairman of Chianxin Technology Group, immediately convened management in Beijing to plan to speed up the layout of cutting-edge technologies in xiong’an new area.

　　This is the night view of xiong’an new area Business Service Center (photo taken on September 7, 2022, photo of drone). Xinhua News Agency reporter Zhu Xudong photo

　　Six years ago, Chianxin registered a wholly-owned subsidiary in xiong’an new area. At the end of 2022, the first landmark urban complex in the new district — — Xiong ‘an Business Service Center was put into use, and Chianxin became the first batch of enterprises to settle in.

　　Qi Xiangdong said that with the acceleration of Beijing’s non-capital function, Xiong ‘an, a new city, will produce a large number of digital new scenes and a good innovation environment. The company plans to set up a digital city security headquarters in Xiong ‘an, establish a digital city network security research institute and a network security talent training base, and actively participate in the construction of digital cities in the new district.

　　Cai Jiliang, director of the Investment Promotion Division of the Administrative Committee of Xiong ‘an Pilot Free Trade Zone, is a temporary cadre from Wuxi, Jiangsu Province. He recently contacted more than 100 enterprises and nearly 10 industry associations and felt the concern of the outside world about the development of Xiong ‘an. "It is not easy for the industry to gather and grow a little bit, but Xiong’ an is moving forward."

　　The development of industry provides soil for talent gathering.

　　Recently, Zhu Ninghua, academician of China Academy of Sciences and president of Xiong ‘an Innovation Research Institute of Chinese Academy of Sciences, received a "Hero Card" A card. According to the new district policy, he can enjoy 14 specific support measures, including direct settlement, transportation, medical care and health, and children’s education.

　　Up to now, the first batch of "Xiongcai Card" in xiong’an new area has passed the examination of 3,774 people, all of whom are urgently needed talents in the new district, among whom 38 people have obtained A cards, 588 people have obtained B cards and 3,148 people have obtained C cards.

　　Tang Puliang, head of the Talent Working Group of the Party-Mass Work Department of xiong’an new area, said that xiong’an new area has fully implemented the "Talent Plan", and has successively selected and recruited more than 3,000 talents from "double-class" universities, introduced 12 academicians and other high-end leading talents through various channels, introduced more than 100 talents from key areas of planning and construction, and added more than 25,000 innovative and entrepreneurial talents.

　　Reform, opening up and innovation are the source of xiong’an new area’s development.

　　Online submission of application for relocation, mutual check of electronic file information, and self-service printing of business license … … In a few days, Baoye (Beijing) Building Technology Co., Ltd. got the business license registered as Baoye (Xiong ‘an) Building Technology Co., Ltd.

　　"People are in Beijing, ‘ Online migration ’ Eliminate the twists and turns of submitting materials and mailing paper files back and forth. " Shi Xuejun, a staff member of Baoye (Xiong ‘an) Building Technology Co., Ltd. said.

　　In July last year, xiong’an new area took the lead in launching the whole process network system for inter-provincial migration of enterprises in China, and more than 20 enterprises have handled the migration business through this system.

　　This is Rongdong District, xiong’an new area (photo taken on March 24th, 2023). Xinhua News Agency reporter Yan Yushe

　　Collaborative development itself is a deep-seated reform. General Secretary of the Supreme Leader stressed that in order to give xiong’an new area autonomy in development, it is necessary to give full support to Xiong ‘an as long as it is conducive to its innovation and development.

　　According to "Guiding Opinions of the Central Committee of the Communist Party of China and the State Council on Supporting Comprehensive Deepening Reform and Opening-up in xiong’an new area, Hebei Province", by 2022, the role of reform and opening-up as the fundamental driving force for xiong’an new area’s development will be revealed; By 2035, the standard system of "Xiong ‘an Quality" will be basically mature and gradually popularized, which will further highlight the leading role in promoting high-quality development.

　　The large-scale department system and flat management have been implemented, and the innovation and development, urban governance, public services and other aspects have been tried first, and the first breakthrough has been made. At present, 19 reform supporting implementation plans have been issued by relevant parties, providing strong policy support for the development of the new district.

　　In the past six years, xiong’an new area, Hebei Province, has been growing at jointing stage and flourishing day by day.

　　On March 27th, a symposium was held in xiong’an new area. The first batch of four universities, including China Geo University (Beijing), Beijing Jiaotong University, University of Science and Technology Beijing and Beijing Forestry University, which have been relocated to xiong’an new area, will explore the establishment of a collaborative innovation alliance among the four universities to contribute to the construction of an innovation ecosystem in Xiong ‘an.

　　On March 29th, a symposium focusing on promoting the development of aerospace information industry and satellite Internet was held, aiming at providing important support for xiong’an new area to build an innovative highland … …

　　In the eyes of international public opinion, Xiong ‘an will become a platform for polishing the technology and concept of future urban construction. "This is a city focused on development and a people-oriented city."

　　Under the leadership of the CPC Central Committee with the Supreme Leader as the core, we will maintain historical patience, work one after another, ensure a blueprint to the end, and strive to create "Xiong ‘an quality". Chinese modernization will present more beautiful scenes here.

GTE is a plug-in vehicle with oil and electricity, which has the following advantages:

1. Oil and electricity: Volkswagen GTE is equipped with a gasoline engine and motor, which can switch between pure electric mode and hybrid mode as required. In pure electric mode, Volkswagen Magotan GTE can drive with zero emissions, while charging through charging piles or sockets, and the cruising range is enough to meet the needs of daily commuting and short-distance driving. In the hybrid mode, the gasoline engine and work together to provide higher cruising range and power output, which is suitable for long-distance driving.

2. Energy conservation and environmental protection: Volkswagen Magotan GTE has zero emissions in pure electric mode, which reduces environmental pollution and helps to improve air quality. At the same time, in the hybrid mode, the cooperation between the motor and the gasoline engine can maximize the fuel utilization and reduce fuel consumption and exhaust emissions.

3. Preferential policies: As a new energy vehicle, Volkswagen Magotan GTE can enjoy some preferential policies given by the government to new energy vehicles. For example, the purchase of new energy vehicles may be subsidized or exempted from vehicle purchase tax. In addition, because Volkswagen Magotan GTE does not produce exhaust emissions in pure electric mode, it can be exempted from the restrictions on fuel vehicles in some cities.

4. High performance and comfort: Volkswagen Magotan GTE has excellent performance in power, and its motor and gasoline engine work together to provide smooth and rapid power output. In addition, the interior design of this model is exquisite, the seats are comfortable, and it is equipped with rich technology and convenient functions, which provides a good driving and riding experience for drivers and passengers.

It should be noted that everyone’s car needs and preferences are different, and the budget, car size, safety performance and other factors should be comprehensively considered when choosing the right car type.

The most important point: at this stage, the GTE model only needs 180,000+,and it is absolutely worthwhile to buy it in a limited time!