标签： 苏州适合夜游的地方

Interview with Zhu Yanping： Movies need grounding gas, don’t be superstitious about New Year’s files.


Yen-Ping Chu

　　　 Movie network news(Photo/Report Group of Directors’ Summit in the Mainland, Taiwan and Hong Kong) The 11th Cross-Strait and Hong Kong Film Directors Seminar and the 2010 China Film Directors Annual Commendation Conference continued to be held in Sanya. On January 12th, Zhu Yanping, a Taiwan Province director who has been developing in the mainland in recent years, accepted an exclusive interview with Movie Network. He thought that both the box office and the word-of-mouth directed by himself and Xiaogang Feng failed because they collected too many Hollywood elements, but they didn’t meet the local flavor. He also laughed and said that he was not superstitious about New Year’s Eve.

Zhu Yanping said that Xiaogang Feng benefited him a lot and found the reason for the failure of "Thorn Ling".

　　　 Movie Network: As one of the earliest directors who cooperated with the mainland, your "stab mausoleum" has a miserable box office, but it has a good record, with a box office of over 100 million yuan. Have you already explored the tastes of mainland audiences?

　　　 Zhu Yanping: Actually, I was confused at one time. Today, I was suddenly enlightened by director Xiaogang Feng’s words. Xiaogang Feng said that all his films only included the elements of selling money in Hollywood, but only this film didn’t sell (money), and the same is true of the thorn mausoleum.

　　　 I think we should shoot Chinese’s own stuff. It’s a new attempt for me to put Hollywood elements into it. People don’t even think I shot it when they read The Thorn Mausoleum. Another important reason for the failure of The Thorn Mausoleum is the temporary advance of the schedule, which made it impossible for Jay Chou and Lin Chi-ling to promote it. This time, I adjusted a direction to shoot "Laughing Rivers and Lakes", and Zhao Benshan and I hit it off. Zhao Benshan has always wanted to find a director who can make comedies, and I have always wanted to find an actor who can perform comedies. We have a very happy cooperation.

　　　 Movie Network: The movie you directed is the Spring Festival, while "Thorn Ling" and "Laughing Jianghu" are both Chinese New Year movies. Is it because these two movies are easy to sell?

　　　 Zhu Yanping: Actually, personally, I don’t want to be on the Lunar New Year’s Eve. I don’t think it’s a good schedule, because the competition is too fierce, the military strategists are fighting for it, and everyone is beating their heads off. I made three movies in the mainland, basically in this schedule, which is really a bit unbearable.

　　　 I hope I can make a movie that will be shown in other slots, and I think the box office of 200 million yuan will definitely not run away. I think it’s normal to compete with two movies in a schedule, but it’s too tragic to compete with four movies in December. Just when you should be selling, the cinema schedule put you down, alas! I think the summer file and the eleventh file are also very good. Of course, at present, I am still in the exploratory stage, and I don’t know which schedule is the best.

Learning from Hollywood’s product placement, there is no trace of new people breaking files because the film is superstitious about "old people"

　　　 Movie Network: Xiaogang Feng has been criticized by the audience for too many product placement advertisements. What do you think of more and more product placement advertisements in movies?

　　　 Zhu Yanping: To be honest, product placement is necessary. A movie must take commercial factors into account. The more you invest in product placement, the more money you spend on making movies. I think it’s mainly about how to combine product placement with movies. For example, in Hollywood movies, there are more product placement than us, but no audience will count how many products have been placed. People won’t even notice this problem, so it’s very important to implant products without trace.

　　　 Movie Network: No matter in the Mainland, Hongkong or Taiwan Province, there is a problem that new actors are cut off at present. What do you think is the reason?

　　　 Zhu Yanping: It is true that young actors are cut off. Up to now, Hong Kong is still Louis Koo, Donnie Yen, the mainland is still Chen Kun, and so on. Relatively speaking, Taiwan Province is even better. Recently, there are Ehan Juan and Mark Chao. In fact, Taiwan Province has trained many film actors, including Shu Qi, Takeshi Kaneshiro, Lin Chi-ling, Jay Chou, etc. However, after these actors became popular, their prices soared, and Taiwan Province films could not afford them immediately because of low investment, so they went to the mainland to make blockbusters, which is also the sorrow of Taiwan Province film industry.


Zhu Yanping: Movies should be grounded.


Taiwan Province movies are small and beautiful, and the director doesn’t know how to spend money to go out, which is the biggest crux.

　　　 Movie Network: In your opinion, what is the urgent problem to be solved in Taiwan Province film industry at present?

　　　 Zhu Yanping: Taiwan Province’s films are small and beautiful, with an investment of about two or three million RMB. They are very creative and of high quality. I dare say that if there is only 2 million investment, no one can shoot better than director Taiwan Province. For example, the investment in a film in the mainland is often hundreds of millions of yuan, and if director Taiwan Province wants to get the money, he may not know how to spend it.

　　　 However, because the films are small and too localized, Taiwan Province films are mainly shown in China, and their influence in other places is relatively small. I think the urgent problem for Taiwan Province films is how to go abroad, at least in the whole Chinese-speaking region.

　　　 Film Network: At present, there are not many directors from Taiwan Province coming to the mainland to make films. Do you think there will be more cooperation between filmmakers from both sides of the strait in the future?

　　　 Zhu Yanping: Yes, I am the only director in Taiwan Province now. I am Depth Charge. I didn’t get much support when I filmed "The Thorn Mausoleum", but the Taiwan Province media coverage of "Laughing Jianghu" was overwhelming, and more and more Taiwan Province directors began to pay attention to cooperation with the mainland. I believe that more and more Taiwan Province directors will come to the mainland to film soon.

　　　 Movie Network: What do you think Taiwan Province’s director should do to film in the Mainland?

　　　 Zhu Yanping: Grounding gas (laughs)! For me, it’s not difficult to meet the local conditions in Taiwan Province, but it’s a bit difficult to meet those in the mainland. We need to know more about mainland culture, but I think the prospect is worth looking forward to. You see there are still language problems in Hong Kong and the Mainland, and Taiwan Province has an advantage in this respect, so I think director Taiwan Province will adapt faster!

Related links:

"Bona Night" was held, and directors from three places conspired to develop Chinese films.

Directors of the three places issued a "joint appeal" to reduce labor costs and improve the producer system.

Earn a thousand dollars a day without leaving home？ This is the bait for criminals to cheat!

　　Cctv news: Online "swiping a bill" generally means that the buyer provides the purchase fee to help the seller of the designated website buy goods in a fake way, improve sales and credit, and fill in false praise.

　　"Join the brush group, stay at home and earn thousands of dollars a day". Many people may have received such messages. Is there such a good thing? This is actually a bait for criminals to cheat. Once someone takes the bait, they will try their best to cheat you out of your money.

Police officers of the Criminal Police Detachment of Changchun Public Security Bureau are as tall as the moon.

Police officers of the Criminal Police Detachment of Changchun Public Security Bureau are as tall as the moon.

　　Police officers of the Criminal Police Detachment of Changchun Public Security Bureau are as tall as the moon.: On May 17, 2018, Liu Moumou, a citizen of Changchun, received a text message at home. The content of the text message is basically that your Taobao has a good reputation, and then our company sincerely invites you to join the brushing group. The daily salary is about 150 to 300, and then the monthly income is over 10,000. You can do it at home, which is more flexible.

　　After receiving this short message, Ms. Liu added the QQ of the other party with the mentality of giving it a try. The other party told Ms. Liu that just by operating in front of the computer, she could earn 1,000 yuan a day without leaving home, which made Ms. Liu full of expectations.

　　Party Ms. LiuAt the beginning, he sent me a link and asked me to click on it. Then he brushed a hundred yuan. After the first time, the first one was one hundred yuan, and the return was 4%. After brushing, he returned it to me, returning 104 yuan.

　　After finishing the first stroke, the other party told Ms. Liu that if she wanted to make more money, she had to complete a large amount of brushing tasks.

　　Party Ms. Liu: It’s a 500 yuan, that is, five at a time, one is 2500 yuan, and then five bills are 12500 yuan, which needs to be brushed 12500 yuan.

　　The other party promised to return the commission to 750 yuan after brushing the goods of 12,500 yuan. So Ms. Liu bought 12,500 yuan of goods through the online platform according to the requirements of the other party.

　　Party Ms. Liu: Every time I finished one, he asked me to cut him a picture, which felt quite real, and then a 12,500 yuan brush was finished.

　　After spending 12,500 yuan, Ms. Liu’s account really received the 750 yuan promised by the other party. Subsequently, Ms. Liu got deeper and deeper.

　　After receiving the so-called 750 yuan commission, Ms. Liu completely trusted the other party, and at the request of the other party, she brushed another 12,500 yuan. However, after brushing, the other party changed its statement.

　　In just two hours, she has brushed off 25,000 yuan, but the other party only returned 750 yuan’s commission. The other party told Ms. Liu that if she didn’t continue to brush, she would not get the second 750 yuan commission and the capital of 25,000 yuan.

　　From morning to afternoon, the other party fabricated various reasons to prevaricate and asked Ms. Liu to continue to brush the bill. Ms. Liu suddenly realized that she had been cheated. Accompanied by his family, he reported the case to the police station. After the party called the police, the fraudster was still in contact with Ms. Liu, trying to continue to defraud Ms. Liu.

　　Gang hiding overseas police smashed 7 dens

　　In June and July of this year, the number of fraud cases in Jilin Province showed a high trend, with two or three cases reported every day. The police immediately set up a task force. After more than two months of careful investigation, a cross-border fraud network gradually surfaced.

　　The police investigation found that such cases were concentrated, similar in methods and involved a large amount of money. According to the preliminary statistics of Jilin police, more than 200 cases were reported and the amount of fraud was about 5 million yuan. In view of the seriousness of the case, Jilin Provincial Public Security Bureau and Changchun Municipal Public Security Bureau set up a joint task force and reported it to the Ministry of Public Security.

　　After joint investigation by the public security department, it was found that these fraud gangs were mainly hiding in the Philippines. The task force quickly rushed to the Philippines to meet with the working groups of the Ministry of Public Security, Beijing and Shenzhen who had already worked in the Philippines in the early stage to carry out overseas arrests.

　　On September 14 and September 26 this year, the working group and the Philippine police launched a unified network-closing operation against telecommunication network fraud dens in Manila, successively destroying 7 fraud dens and arresting 47 suspects. The relevant authorities in the Philippines have handed over 36 suspects to us in advance, and the remaining 11 suspects are fulfilling the relevant handover procedures. After preliminary verification, this transnational joint crackdown on fraud gangs involved more than 700 fraud cases across the country, involving more than 18 million yuan. At present, the case is under further investigation.

　　It’s illegal to brush a bill on the Internet.

　　According to the police, acts such as "brushing the bill and brushing the reputation" have been explicitly prohibited, and they are not legitimate part-time jobs. The "network brushing the bill" behavior has multiple violations, which violates social integrity and undermines fair competition in the market. Everyone should not participate.

　　On January 1, 2018, Articles 8 and 20 of China’s newly revised Anti-Unfair Competition Law clearly stipulated: "Operators shall not make false or misleading commercial propaganda on the performance, function, quality, sales status, user evaluation and honors of their products to deceive and mislead consumers".

　　The fraudsters are precisely using online stores to "brush credibility and brush volume" to trick the masses and implement fraud.

　　According to the police, the QQ number, Alipay account number, bank card account number and mobile phone number used by fraudsters for fraud are all purchased through the black industrial chain of some platforms on the Internet. After the money of the deceived person is transferred to the designated card number or paid by a third party, it is usually decomposed and transferred layer by layer, and then extracted. This makes it difficult to trace the source and crack down on crime.

　　According to the police, in recent years, the trend of telecom fraud like "online billing" is obvious. The victims are mainly women, accounting for 63%, and most of the victims are young people. The victims aged 18-25 account for nearly 60%. The police also reminded the public: don’t be greedy and cheap.

Just now, Tencent announced that this product is off the assembly line!

Tencent rolled off another product today.

On July 5th, Penguin FM, an audio platform owned by Tencent, released an offline announcement, saying that Penguin FM regretted to say goodbye to everyone due to business adjustment. From now on, Penguin FM will close the user registration and recharge functions, and officially stop operating at 0: 00 on September 6, 2023.

It is reported that Tencent’s "Penguin FM" was originally named "Radish FM", focusing on zero-flow listening, recommending selected programs for users’ intelligence in multiple scenarios, and online listening to audio programs such as novels, music, jokes, news and entertainment gossip in a massive program library.

WeChat official account of Penguin FM shows that it has not been updated for nearly three years.

According to the "2023 China Online Audio Market Development Research Report", among the mainstream online audio apps, the Himalayan has the highest monthly active users, with 140 million monthly active users, which is in the first echelon; Followed by lazy people listening to books, listening to tomatoes, dragonfly FM and litchi, the monthly active users are as high as 12 million, and these apps are in the second echelon; The monthly users of apps such as Yunting, Uncle Kai’s storytelling, Cool Listening, Cat Ear FM, Penguin FM, Listening FM and Getting are also above 1 million, and these apps are in the third echelon.

Previously, Tencent has successively launched a number of products.

On March 9, Tencent’s digital collection platform Magic Core APP announced that it will be offline at 24: 00 on June 30, 2023 based on business adjustment. After the Magic Core APP goes offline, users who hold the collection will not be able to query, download, display and share the purchased digital collections in the APP, and they will not be able to make a refund.

On November 17th, last year, QQ mailbox released the offline announcement of QQ mailbox group mail function.

The announcement said that due to business adjustment, the "QQ mailbox group mail" function will be terminated on December 10, 2022. At that time, you can still view the historical group emails, but you can’t send new group emails or view the QQ group list. You can save multiple recipients as email contact groups and send emails conveniently.

In October last year, Tencent Map official website announced that the PC side of Tencent Map will stop service on November 11.

Last year, on August 16th, the watch APP, which had been in operation for seven years, also announced its closure and officially stopped its operation. According to public information, during the peak period, Tencent watched 240 million active users and occupied the first-class entrance position of QQ.

On July 5th, last year, the operation team of Pocket WeGame released the delisting announcement of Pocket WeGame, saying that the products of Pocket WeGame (including Pocket WeGame App, WeBiBi WeChat applet and WeBiBi H5 version) will be terminated at 23: 59 on September 8th this year.

In February last year, Tencent’s social e-commerce product Goose Pinpin announced that it would stop operating due to business adjustment.

Geely+Baidu’s first model ＂Extreme Yue 01＂ appeared： take away the car logo of Jidu and choose four-wheel drive.

On August 14th, it was reported that the "Automobile Robot Strategic Cooperation Project" jointly created by Geely Holding Group and Baidu Group ushered in important progress.

Geely's brand-new brand is the official announcement of Extreme Yue Automobile! Join hands with Baidu to build the first model and release it at the end of the year.

According to reports, the first model of Extreme Vietnam was officially named "",and the official has exposed a number of exterior publicity maps.

Geely's brand-new brand is the official announcement of Extreme Yue Automobile! Join hands with Baidu to build the first model and release it at the end of the year.

From the appearance, the new car is expected to be a crossover SUV model with a closed grille design. From the side of the car body, the roof is slightly slipped and the tail is equipped with a hidden tail.

Geely's brand-new brand is the official announcement of Extreme Yue Automobile! Join hands with Baidu to build the first model and release it at the end of the year.

Geely's brand-new brand is the official announcement of Extreme Yue Automobile! Join hands with Baidu to build the first model and release it at the end of the year.

It is worth mentioning that. In October last year, the first model of Jidu-Robo-01 lunar exploration limited edition was officially unveiled, and the price was 399,800 yuan, which was consistent with the appearance of the newly unveiled "Extreme Yue 01", so it was basically determined to be a renamed model.

Picture 1

At present, the mark of concentration has changed, that is to say,

IT House found that according to the "Announcement of Road Motor Vehicle Manufacturers and Products" (the 374th batch) issued by the Ministry of Industry and Information Technology, the first model of the new brand was officially unveiled.

, white body; Equipped with Contemporary Amperex Technology Co., Limited ternary lithium battery, equipped with rear-drive 200kW single motor and four-wheel drive 200kW+200kW dual motor.

In addition, the car can be equipped with rims, brake calipers, brake discs, different types of awnings, logo, front license plates and so on.

, the rest of the configuration is basically the same and the size is the same.

Exposed Luhan Guan Xiaotong Qixi Festival appeared in Japan, the woman suspected of holding hands with a mysterious male colleague, more details were picked up

Lu Han and Guan Xiaotong are now an enviable couple in the entertainment industry. It has been almost six years since the official announcement in 2017, and the two sides have released news to celebrate each other’s birthday every year. Many netizens have also changed their views of Lu Han because he dared to officially announce his relationship at his peak.

Exposure Luhan Guan Xiaotong Qixi Festival in Japan

Recently, some netizens broke the news that Lu Han and Guan Xiaotong appeared at the Qixi Festival in Japan. From the description of netizens, it seems that the relationship between the two is still very sweet. Lu Han even helped Guan Xiaotong unscrew the bottle cap. Users said that real couples are the sweetest. Especially the CP powder of the two.

The netizens also said that Lu Han kindly helped Guan Xiaotong twist the bottle cap, but it seemed that every time the sweet details were revealed on the Internet, there was never a photo. Since they met by chance, do they always take action when the two are not sweet? It is indeed a bit strange that the sweet ones are not photographed.

This time, the two appeared in Japan before the Qixi Festival. Many netizens speculated that the two were here to celebrate the festival, but Guan Xiaotong did not appear in Luhan’s daily life. Even photographers and agents showed up at the scene, but his girlfriend was nowhere to be found. If it wasn’t for netizens who photographed it, who would believe that his girlfriend followed him to Japan?

The woman is suspected of holding hands with a mysterious man

Perhaps many people will say that this is not to anger fans, but is this really the case? It is understood that Lu Han lost a lot of fans after the official announcement, and what he can keep is probably what they often say. If you are a die-hard fan, would you mind showing your affection occasionally? Everyone already knows that they are both in Japan.

However, according to netizens, Guan Xiaotong of Luhan was not as sweet as everyone thought. Even the two of them appeared on the streets of Vienna at the same time, but there was another man in red next to them. His clothes were very similar to Guan Xiaotong, but from the photo, Lu Han and Guan Xiaotong were closer than the man in red.

It seems that Guan Xiaotong and the man in red are more like a couple, standing face to face, holding hands. As a boyfriend, Lu Han kept silent. This is the state that a normal boyfriend and girlfriend should have, I think most people can’t accept it.

In the other photo, Lu Han himself was walking in front, with Guan Xiaotong and the man in red behind. He seemed to be walking hand in hand with the mysterious man. Does this mean that there is little chance that they will be recognized abroad? Regardless of Lu Han’s reaction, it is not normal to be able to hold other men’s hands in front of their boyfriend.

Got more details

So every time there is news about the two of them, netizens will dig deeper, and of course, they will dig up more details. Usually, whether it is a private photo or a public photo, the couple will unconsciously move closer to each other. But when Lu Han and Guan Xiaotong took a photo, his body leaned on the other person.

Every time the two were photographed in the same frame, there was no holding hands or other intimate behavior. Not only did they not, but the two still went their separate ways, and they didn’t look like they were in love at all. To say low-key, why can netizens see it but not take pictures?

There are also suspected chat records between Guan Xiaotong and friends in 2017, saying that he is still single and did not ask his friends to send Weibo. It is said that he does not want to make it public, and his good friends do not deserve to know?

Of course, this doesn’t mean that their relationship is like this. After all, there is no substantive evidence. It’s just that what we see is like this. Anyway, at least their relationship is still boyfriend and girlfriend. We can’t say anything. Any thoughts on the matter?

Responsible editor:

Yang Mi denies that his salary has been increased due to the large scale, and his tongue-in-cheek drama with Yu Wenle has been exposed


Director Peng Haoxiang, starring Yang Mi

Yang Mi


Peng Haoxiang
　
The secret of "Chunjiao and Zhiming": Yang Mixiu is sexy "Peng’s" humor is not "third-level"

　　　 Movie Network News(Photo/Qian Jia Yiwen/Zhang Wei) On March 12, the director of the film, Peng Haoxiang, and the star Yang Mi interacted with students at Peking University. In the play, Yang Mi frequently revealed her career line and had tongue kissing scenes. When asked if she would increase her salary as a result, she bluntly said: "I am a professional actor, and I will not increase my salary because of the scale." The film will be released on March 30.

Yang Mi bluntly stated that "I am not a meat seller" andYu Boon LokTongue kiss lens exposure

　　　 In "Chunjiao and Zhiming", the stewardess played by Yang Mi has a relationship with Yu Wenle in Beijing. There are often scenes of Yang Mi revealing her career line in the play. The scene of her kissing Yu Wenle was also exposed that day. Some media asked her if she would increase her salary because of the large scale of the play. Yang Mi denied after listening, "I am a professional actor, I am not a’meat seller ‘, and I will not increase my salary because of the scale. If I like this script, I will shoot it regardless of whether the director pays or not." Peng Haoxiang also explained for her, saying that the director would not directly say how big the scale was during the early communication, but would reach a consensus.

　　　 In the play, Miriam Yeung is Yu Wenle’s ex-girlfriend. Although Yang Mi is the current one, she still has to engage in a "secret battle" with Miriam Yeung. Outside the play, Yang Mi and Liu Kaiwei’s love life is sweet, and her view of love is "love is the greatest". "Love has no priority, nor right or wrong. Everyone is the master of their own love world, and they are also passers-by in other people’s love world. Chunjiao is a person in Zhang Zhiming’s world, and Youyou (Yang Mi’s role in the play) is a passer-by, but even if there is no Youyou, there will be other girls."

Peng Haoxiang shoots for his wife The explosion was extremely "indecent"

　　　 Before filming "Zhiming and Chunjiao," Peng Haoxiang’s works such as and other films did not involve true love. He said that he actually made the play for his wife. "My wife said to me, why is the love in your movies always broken up or ended, and never filmed at the beginning? Then I want to try it." The reason why the sequel "Chunjiao and Zhiming" was not called "Zhiming and Chunjiao 2" is because Peng Haoxiang felt that he was not "two" at all.

　　　 At the beginning of the meeting, Yang Mi said that everyone should be glad that she was here today instead of Yu Wenle, "This is the first time I’ve seen Peng Haoxiang speak so seriously. Usually on the set, he has never been serious with Yu Wenle." After listening, Peng Haoxiang shirked responsibility and said that Yu Wenle was really not serious, and he was just agreeing with him.

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Rider’s tears, others are rich! China’s largest ＂rider outsourcing company＂ Boltier Hong Kong stock IPO： gross profit margin is low in single digits, 90% of revenue is suspected Meituan

　　The business model and growth are lackluster, and profitability is mediocre.

　　"Ordering takeout" is the norm in many people’s lives. The "yellow and blue army" dressed in uniform and equipped with standard takeout boxes has also become the bright scenery of the city.

　　Behind the huge group of riders is a rapidly growing instant delivery ("ready-to-match") market, with the service scene dominated by food and beverage takeout, including intra-city retail, smart pharmacies, and errand services.

　　According to Sullivan data, in 2023, China’s ready-to-match industry-wide order scale reached about 40.88 billion orders, an increase of 23% year-on-year, and an average annual compound growth rate of 21% in the past five years.

　　(Source: Sullivan’s "2023 China Instant Delivery Industry Trends White Paper")

　　The pomp is also reflected in the financial report of Meituan (03690.HK): in 2023, revenue 276.70 billion yuan, net profit 13.90 billion yuan, turning a profit from the previous year and hitting a record high. At present, Meituan’s market value exceeds 700 billion Hong Kong dollars.

　　Due to factors such as reducing labor costs and avoiding legal risks, it has become routine for Internet platforms to outsource ready-to-distribute services to third-party enterprises.

　　Meituan said in an interview in May 2021 that the platform had nearly 10 million of outsourced riders.

　　And the third-party outsourcing companies that directly undertake the task of ready-to-match, and are responsible for recruiting and managing riders, are they backed by big trees to enjoy the shade and eat and drink together?

　　Recently, BridgeHR Tech ("Boltier", "Company") submitted a prospectus to the Hong Kong Stock Exchange, revealing the truth of the industry.

　　Clients reveal secrets

　　The company’s predecessor can be traced back to Suzhou Oufu, which was established in 2013, and has been involved in the field of human resources services.

　　Hou Zhengyu, Liu Hejun, Xu Daoshan, Liu Bo, and Yuan Weijiang are the founding shareholders of the company and are acting in concert. As of the IPO, they hold a total of 80.78% through BridgeHR Holding and Offer Tech.

　　(Source: Company Prospectus)

　　The company is positioned as a "pioneer in China’s non-traditional labor market".

　　According to Caution Consulting, the company is the leading non-traditional employment platform in China in terms of total service value in 2022, with a market share of 13.2%.

　　(Source: Company Prospectus)

　　"Non-traditional employment", which is plainly understood as odd jobs and flexible employment, such as riders, ride-hailing drivers, cleaning and housekeeping.

　　Non-traditional employment platforms play a role in matching employers and workers. Overseas, representatives of non-traditional employment platforms include Upwork (UPWK. O), Fiverr (FVRR. N), etc.

　　The second largest non-traditional employment platform in China is QH. O, which will be listed on Nasdaq in 2020, with a market share of 6.1%.

　　(Source: Company Prospectus)

　　In Fengyunjun’s opinion, the characteristics of domestic non-traditional employment platforms are to focus on serving a small number of Internet Tech Giants.

　　Founded in 2012, Fun Live provides third-party human resources services for Internet platforms such as Meituan, Ele.me, and Didi, including takeaway delivery, ride-hailing driver management, cleaning and housekeeping, and shared bicycle operation and maintenance.

　　According to Fun Live, from 2021 to 2023, the top three customers, including Meituan and Ele.me, will account for more than 90% of its total revenue.

　　(Source: Fun Live 2023 Annual Report)

　　The company’s customer concentration is also extremely high.

　　From 2021 to 2023, the company’s revenue scale hovered around 1 billion yuan. During this period, the same largest customer named "Customer A" supported about 90% of the revenue.

　　(Drawing: Market Cap Wind and Cloud App)

　　The company kept the real identity of Customer A secret in its prospectus, saying only that the latter "has a leading market position in China’s instant consumer service industry".

　　Based on multiple public sources, Feng Yunjun deduced that Meituan was most likely "Customer A".

　　1. Yao Yi, executive director and vice president of the company, said in an interview in August 2021 that the company was "the first to serve Meituan… including manpower dispatch and outsourcing, scene coverage Meituan market (ie" Little Elephant Supermarket "), Meituan takeaway, Meituan Preferred" and so on.

　　(Source: iResearch)

　　2. According to the third-party recruitment platform, the "distribution webmaster" position recruited by the company is "Meituan channel manager", and the career path includes "undertaking the distribution contracting project of the baby elephant supermarket, as well as the takeaway special delivery/express delivery with a larger business scale".

　　(Source: Liepin)

　　3, China Judgment Document Network shows that for a long time, the company has a number of employment contract disputes and traffic accident liability disputes, Meituan and the company are listed as co-defendants, the court verdict shows that the two sides signed the "distribution cooperation agreement".

　　(Source: China Judgment Document Network)

　　Feng Yunjun, who flipped through the information and turned to his dim eyes, couldn’t help but say: Since it is going to be listed, the information disclosure should be open and honest.

　　For an Internet Tech Giants customer who contributed most of the revenue, was advertised by the company’s management, and almost all people had heard of the name, how did it become mysterious and unspeakable in the company’s prospectus?

　　The business model and performance are lackluster 01 The main business is Meituan rider outsourcing

　　The company’s business is divided into two main categories:

　　(1) Non-traditional labor management solutions: As a non-traditional employment platform, the company provides customers with a package of online and offline services.

　　(2) Human resources industrial park management solutions: By the end of 2023, the company had operated and managed 16 human resources industrial parks in China.

　　From 2021 to 2023, the revenue share of non-traditional workforce management solutions will remain at 95%, making it a core business.

　　Non-traditional workforce management solutions are further divided into four categories:

　　(1) Transactional SaaS solutions; (2) Composite employment management systems; (3) Customized services – standard delivery services; (4) Customized services – self-operated local services.

　　(Source: Company Prospectus)

　　At first glance, the company’s business is rather complex and confusing.

　　In fact, the revenue contribution of Meituan, the largest customer, is mainly reflected in "customized service – standard delivery service" ("standard business"), that is, the rider delivery fee paid by Meituan to the company, which is fully recognized as revenue when the order is completed.

　　In 2023, the company’s total revenue 950 million yuan, of which the standard business revenue 810 million yuan, accounting for 85%.

　　Meituan has brought a huge order volume to the company, increasing from 89.40 million in 2021 to 92.50 million in 2023.

　　(Source: Company Prospectus)

　　However, compared with the growth rate of order volume and revenue, the company failed to achieve a simultaneous increase in volume and price.

　　In 2022, the company’s order volume increased by 2.0% year-on-year, driving the standard business revenue and total revenue to increase by 3.7% and 3.5% year-on-year respectively, and it was the best year for performance.

　　The reason is that in 2022, due to strict epidemic prevention and control measures, the capacity of riders is quite tight. Meituan also said in the financial report of the year that it has increased subsidies for riders.

　　By 2023, although the order volume will continue to increase by 1.4% year-on-year, the standard business revenue and total revenue will decrease by 0.5% and 7.2% respectively.

　　(Drawing: Market Cap Wind and Cloud App)

　　According to Meituan, in 2022 and 2023, Meituan’s ready-to-place orders will increase by 14% and 24% respectively, much higher than the company’s growth rate in the same period.

　　(Source: Meituan 2023 Annual Report)

　　Is it because the company’s production capacity cannot keep up with Meituan’s demand, or Meituan doesn’t want the company to be the only one, so the card order volume? This is difficult to evaluate.

　　However, for Meituan, the company’s fungibility seems rather high.

　　According to the order volume disclosed by both parties, in 2023, the company will only account for 4.2% of Meituan’s ready-to-distribute orders (Note: 92.5/2189 3.2 * 100%).

　　02 Core business gross profit is low

　　As a contractor, the company is responsible for recruiting a large number of riders, establishing and managing rider sites at its own expense, and paying for rider commissions, distribution site property expenses, rider insurance, and compensation during the period.

　　Commissions paid to riders constitute the largest expense item for the company’s operating costs, at $640 million in 2023, accounting for 78% of operating costs over the same period.

　　(Source: Company Prospectus)

　　The huge rider commission has resulted in a narrow margin for the company’s standard business. In 2023, the standard business gross margin was 3.2%, lower than the overall gross margin of 12.7% in the same period.

　　(Source: Company Prospectus)

　　Then again, low gross margins are a common problem in the entire ready-made outsourcing industry.

　　The company’s peer competitor, Fun Live, has an overall gross margin of only single-digit percentage, 4.5% in 2023, due to the large proportion of takeaway ready-to-serve business revenue.

　　(Source: Fun Live 2023 Annual Report)

　　03 Government subsidies fell sharply

　　From 2021 to 2022, the company’s annual net profit scale is about 50 million yuan, and the net profit margin is about 5%. In 2023, the company’s net profit has dropped sharply to 32 million yuan, and the net profit margin has dropped to 3.4%.

　　(Drawing: Market Cap Wind and Cloud App)

　　The decline in profitability was mainly due to a significant decrease in government subsidies.

　　According to the disclosure, the company’s non-core business, Human Resources Industrial Park Management Solutions, can receive financial support funds "at its discretion" from local government departments every year.

　　(Source: Company Prospectus)

　　In 2021 and 2022, the government subsidy will be 15.62 million yuan and 12.41 million yuan respectively. In 2023, due to the current situation of local finance, the government subsidy received by the company will be significantly reduced to 1.94 million yuan.

　　(Source: Company Prospectus)

　　It is worth noting that the non-core business that plays a key role in polishing the company’s income statement was acquired by the company and entered the subject of the proposed listing at a rather clever time.

　　According to the disclosure, the operating entity of the non-core business is Haining Boltier, and its original controlling shareholder is Shanghai Boyu Rice, which is 100% jointly owned by the company’s five founding shareholders. Therefore, the acquisition is a merger of enterprises under the same control.

　　(Source: Company Prospectus)

　　Haining Boltier and the company to be listed were established in 2014 and 2021, respectively.

　　According to accounting standards, if the parent company is incorporated later than the subsidiary and is under the same control, the consolidated statement should be prepared from the beginning of the earliest comparison period, that is, the subsidiary has been included in the merger since the establishment date.

　　From 2021 to 2023, Haining Boltier, which was acquired before, paid a total dividend of 44.60 million yuan to the original controlling shareholder Shanghai Boyu Rice, and the acquisition happened to be completed in 2024.

　　(Source: Company Prospectus)

　　After the actual controller divides the money, he can put the business into the main body to be listed, and can also beautify the report with past performance. This silky and coherent series of operations is really wonderful!

　　Fengyun Jun summed up the company in one sentence: lackluster growth and mediocre profitability.

　　There are many companies involved in human resources outsourcing services in Hong Kong stocks, including Liepin (06100.HK), Manpower (02180.HK), and 06919.HK, all of which are small-cap stocks with a market value of no more than 1.50 billion Hong Kong dollars.

　　As for the closest thing to the company’s business model, the valuation given by the US stock market is more demanding, and the latter is currently worth less than $6 million.

　　For companies with such business models, the views of Hong Kong and US stock investors are quite consistent.

The ＂Snow Dragon＂ polar research ship docked at China, Qingdao, and the 40th Antarctic expedition triumphed.

　　On March 26th, BYD’s A0 pure electric SUV Yuan UP came on stage with a starting price of 96,800 yuan. Within three days after listing, the order volume of Yuan UP has exceeded 20,000 vehicles. The terminal retail data of the last week shows that YUAN UP took a fault-like lead with 1846 vehicles and easily won the first place. There is no suspense in the new king of A0 SUV.

　　Urban transportation is the best choice, and the sales volume is not unexpected.

　　It is expected that the listing of Yuan UP will explode.

　　First of all, Yuan family has always been highly concerned among young consumer groups. Once launched, "Dayuan" Yuan PLUS has occupied the top position of A-class pure electricity sales for a long time and has become the first choice for quality families at home and abroad to increase their purchases. As A0′ s energetic partner, "Xiaoyuan" YUAN UP is more suitable as the first car for young people. The word "UP" symbolizes the spiritual core of the new generation’s continuous upward and aggressive strength.

　　Furthermore, the consumption demand of A0 market has always been very clear, and what we need is an urban commuter scooter with good price and quality. Yuan UP revolves around the core needs of users, and has the quality of "5 good and 1 star" with star platform, good-looking, fun, easy to start, easy to stop and safe. Yuan UP, which has both face value and strength, is the best choice for urban transportation, and it is not surprising that the sales volume is hot.

　　7 points cool and handsome, 3 points cute, hitting the hipster.ofFashion weilei

　　As a car specially designed for young people, YUAN UP has integrated China traditional culture and interesting elements in its overall design, deliberately breaking the tradition and fitting in with a more fashionable aesthetic orientation.

　　Yuan UP’s aesthetic design language not only retains the charm of Dragon Face of the dynasty family, but also adds funk elements such as encircling skirts and wheel eyebrows in details to make the whole car look more agile. "Perfect Ring" Longjing headlights and "Lucky Ring" penetrating taillights echo back and forth, which means full and increases recognition; The outline of the car with a circle in the square and the full curved surface of the car make Yuan UP look cute and cool, and the trendy men and women are moved at a glance.

　　In the appearance color matching, many ingenious ideas are also incorporated: relaxed green, pleasing to oneself, dashing gray, bold powder, named after the spontaneous attitude of urban youth, depicting a more personalized driving space.

　　The interior design has injected more vitality. Inspired by the closed-loop modeling of electronic circuit, the vitality-embracing cockpit not only retains the encirclement of the dynasty family cockpit, but also injects a brand-new and clear movement posture; The two groups of "halo handles" on the auxiliary instrument panel and the door panel echo each other and progress step by step, like a three-dimensional "Chinese knot", which is full of the trend of modern technology in retro. When you enter the car, you can feel the full vitality of Yuan UP.

　　The star is skilled and sincere.

　　BYD’s dedication to YUAN UP can be seen from various high-end technologies and full configuration.

　　First of all, YUAN UP is BYD’s first A0-class pure electric SUV equipped with E Platform 3.0. This star platform makes pure trams more professional, powerful and reliable. Eight-in-one electric powertrain has the characteristics of high integration, high power density and high efficiency, which makes YUAN UP not only have excellent power (the maximum power is 130kW and the acceleration is 7.9 seconds), but also have lower energy consumption (the minimum power consumption per 100 kilometers is 12 degrees). In the case of daily commuting, it only needs to be charged once a week.

　　However, the battery life anxiety caused by battery decay in winter can be easily solved by the wide temperature range high-efficiency heat pump system: it has the wide temperature range working ability of -30~40℃, so that Yuan UP can maintain a good working condition in a low temperature environment and has "true battery life in winter".

　　CTB battery body integration technology provides many advantages: it improves the torsional stiffness of the body by 32% and has better handling stability; The amplitude of floor vibration is reduced by 62.9%, and NVH performance is greatly optimized; Optimize the Z-space structure of the whole vehicle, so that the car also has a large space! The wheelbase of 2620 mm and the luggage space of 1320L after the seat is put down greatly enrich the use scene of Yuan UP.

　　In addition, Yuan UP’s comfortable configuration is also a leapfrog level: 3D panoramic transparent image, tire pressure monitoring, intelligent voice continuous dialogue, NFC digital key, intelligent power on and off, remote driving, VTOL mobile power station, W-HUD head-up display and other configurations are available, and smart optional packages can be selected for high-profile models to fully meet the needs of different users.

　　It is hard to imagine that a 100,000-class pure tram can be "rolled" to this extent. Faced with the contradiction between car cost and experience, and the contradiction between the size and space of A0-class vehicles, YuanUP provides a perfect solution, which shows irreplaceable leapfrog value in the scooter market. Exquisite design and technical Excellence are naturally popular. The leading weekly sales results have announced the explosive position of Yuan UP in A0 SUV market!

Xiaomi responded to the future model plan： MPV models are confidential, but off-road models will not be done for the time being.

On April 18th, news came that this afternoon, Lei Jun started a live broadcast in Tik Tok. When asked by netizens, "When MPV models will be made in the future", Lei Jun replied that it was confidential.

Later, the netizen asked "when off-road vehicles will be made in the future", and Lei Jun said that off-road vehicles will not be made for the time being.

Previously, many media reported that Xiaomi Automobile will launch MPV models later.

The United States intends to strengthen legislation and law enforcement to standardize AI development

　ChatGPT, a chat robot developed by OpenAI, has risen rapidly, attracting a large number of fans, and at the same time attracting many competitors including Budd chat robot of Google. The picture shows the seminar on ChatGPT organized by the media service of public education school (data photo).

　　◎ reporter Liu Xia

　　In a recent report, the US Capitol Hill website pointed out that the explosive growth of generative artificial intelligence (AI) such as ChatGPT, and the resulting confusion such as the proliferation of false information, prejudice, and changing the labor structure, triggered the concerns of the US federal government. Lawmakers and regulators hope to take concrete actions to eliminate these concerns.

　　Cause two key problems

　　The Capitol Hill website reported that the development of AI may cause two key problems.

　　On the one hand, the recent rise of generative AI tools has brought problems related to the spread of false information. On the other hand, AI that powers automation systems may lead to discrimination.

　　The British magazine New Scientist also pointed out that ChatGPT and other chat bots often make factual mistakes, quote completely fictional events or articles, fabricate sexual harassment scandals and falsely accuse real people in cases. The use of ChatGPT has also led to data privacy scandals, involving the disclosure of confidential company data. In addition, images, audio and even videos generated by AI may also lead to large-scale "deep fraud" information, which is proved by the arrest of former US President Trump and the false AI composite photos of Pope Francis wearing fashionable white down jackets.

　　The call for strengthening law enforcement is rising.

　　The US Federal Trade Commission, the Civil Rights Department of the Ministry of Justice, the Consumer Financial Protection Bureau and the Equal Employment Opportunity Commission (EEOC) recently issued a joint statement saying that in view of the increasing use of AI in a series of services, from housing to medical care, they promised to strengthen the enforcement of existing laws, including aiming at solving the possible discrimination of AI and formulating new regulations on development rules.

　　Charlotte burrows, president of EEOC, said that the use of advanced technologies, including AI, must comply with federal laws.

　　Of course, the joint statement of these institutions mainly focuses on automated systems that use AI, rather than generative AI like ChatGPT.

　　Even so, the website of Capitol Hill pointed out in the report, with the soaring popularity of ChatGPT and other chat bots, Google and other companies are constantly launching new products that compete with them. In addition, a group of entrepreneurs including Tesla and Twitter CEO elon musk are also rushing into the industry, which may lead to noise and turmoil, which also highlights the urgent need for policy makers to take relevant measures.

　　To cope with the risks brought by AI, the US Congress will weigh the formulation of new laws and regulations, and institutions should also increase the enforcement of existing laws. Because even where existing laws are applicable, it may be difficult to enforce these laws because of the way the AI system works. For example, algorithmic recruitment tools may lead to discrimination, but it is difficult for employees to know whether they have been systematically discriminated against. Therefore, the problems that institutions need to solve are not only how to apply the law, but also how to deal with the challenges brought by the law enforcement process, and how these AI systems will affect the real world.

　　Christine Clark, Assistant Minister of Justice in charge of civil rights affairs, also stressed that AI poses a great threat to all kinds of discrimination problems in today’s society, which need more in-depth research and review by policy makers and others.

　　Safety management is imperative.

　　Earlier this month, US senators announced a proposal to establish a framework for AI regulation, aiming at improving transparency and accountability. In addition, legislators are also prepared to take action to put pressure on the industry on the risks related to the rise of AI technology.

　　The Senate Intelligence Committee recently wrote to the CEOs of ChatGPT developers OpenAI, Metauniverse Platform Company, Google, Anthropic and Microsoft, asking them how to deal with security risks when developing large-scale AI models.

　　The letter wrote that with the increasing use of AI in most fields and the possibility of the steady integration of large-scale language models into a series of existing systems from medical care to financial sector, it is urgent to emphasize the security issues in the use of AI.

　　In response to questions raised by some senators about how to use AI, a spokesman for the American Consumer Technology Association said that the association has been "contributing to the formulation of AI policies, standards and frameworks" with its members.

　　Craig Albright, vice president of the American Software Alliance in charge of US government relations, said that Congress can require companies to formulate risk management plans, conduct risk assessments on high-risk use of AI, and define what high-risk cases are, while companies need to conduct impact assessments and design assessments to ensure that they do the right thing.