American and international public opinion strongly criticized Trump for escalating the trade war.

  Trump shouted "It’s easy to win!" While heading for the "trade war road", the end of the road is unemployment, losses, government tax losses and the reduction of cheap goods.

  Trump hoisted a "trade war melting pot" and said that "the job opportunities brought by the trade war will be caught while it is hot!" (Comics are all from cagle Comics website)

  Trump fired a shell of "increasing steel import tariffs", but what he got was that he could not increase employment, revenge from allies, rising costs and domestic political influence.

  In order to "give priority to the United States" and "make the United States great again", US President Trump really took pains. Frequent lifting of the trade stick is aimed at forcing the "opponents" in their eyes to sit at the negotiating table and maximize the interests of the United States. Facing the American people and enterprises, he has a firm tone and promises to realize the prosperity of the United States; In the face of allies and "opponents", he expressed his emotions and demanded to realize the interests of the United States. However, the businessman president with the aura of "the art of trading" on his head doesn’t seem to realize that it may work in business, but it doesn’t work in international relations and trade. Whether at home or abroad, under the leadership of Trump, the United States and "unreliable" began to go hand in hand.

  trade warfare

  Can manufacturing return?

  "Buy American goods and hire Americans!" This is the goal that US President Trump has repeatedly emphasized. Revitalizing the American real economy is also considered to be one of the important reasons why the United States is bent on provoking trade frictions around the world. However, as the United States continues to overweight in the trade war, what is the result?

  Remember Harley, the motorcycle manufacturer who announced his departure because of the trade war and caused Trump’s anger? Harley’s quarterly report shows that its motorcycle shipments fell by 11.3% in the second quarter. The company’s operating profit margin in 2018 was forced to drop from 10.5% to 9%— 10%。 In addition, according to the latest news, the Harley-Davidson motorcycle factory in northern Kansas is about to close, taking the first step to transfer production. Harley is currently building a new factory in Thailand, and plans to transfer more production to India, Brazil and Thailand to save costs.

  Harley is certainly not the only American company that is complaining. BMW, General Motors and Whirlpool all expressed their dissatisfaction.

  According to Fortune magazine, BMW announced that it would increase the sales price of two American-made SUVs in China, which is the latest sign of the impact of Trump’s trade war. According to the Financial Times, analysts said that import tariffs are "the main threat to industry profits" and warned that the losses caused by tariffs to BMW and Daimler may reach 4% to 5% of the profits in 2019. BMW and Daimler invested a lot of money to set up factories in the United States, and now they are affected by the trade war provoked by the United States, which is ironic.

  General Motors and home appliance giant Whirlpool have also lowered their performance expectations. According to the report of the Nihon Keizai Shimbun, there are voices in the financial sector that are worried about the investment willingness of enterprises and the shrinking of personal consumption. The US economy remains strong at present, but the trade war may lead to a decline in investment and consumption, thus expanding the blow to corporate performance and casting a shadow over the real economy.

  Apple has just become the first technology company with a market value of more than $1 trillion. However, even apples began to cry out for pain. According to the website of Bloomberg News, Apple submitted a report to the US Securities and Exchange Commission: "Tariffs may increase the cost of the company’s products and make them more expensive, thus reducing the competitiveness of products. Political uncertainty surrounding international trade disputes and protectionist measures may also have a negative impact on consumer confidence."

  "Buying American goods" is difficult to achieve, and "hiring Americans" has become "a mirage".

  Calvin Dooley, CEO of the American Chemical Council, predicted that a 25% tariff would "have a devastating impact on American chemical manufacturers". Many American companies have warned that if the situation is not alleviated, it may have an impact on the economy and lead to a decrease in jobs.

  In the smoke of the trade war, Eric Gasetti, the mayor of Los Angeles, led an emergency delegation to visit Asia. There is a simple reason. According to the website of American Consumer News and Business Channel, with the White House threatening to impose higher tariffs on China goods worth $200 billion, many American port managers are preparing for the possibility of cancellation of shipments and unemployment. The ports of Los Angeles and Long Beach are estimated to provide nearly 1 million jobs for the whole of Southern California.

  This is still the beginning. According to the data of the Peterson Institute for International Economics in the United States, if the United States really imposes a 25% tariff on cars around the world, 195,000 American workers will be in the range of 1-mdash; Unemployment within three years, and in the case of other countries taking countermeasures, the situation will be even worse: the United States will lose about 624,000 jobs.

  inflation of prices

  Can you satisfy the people?

  "American consumers have begun to feel the sting of rising costs." CNN reported that.

  Erin Ennis, Senior Vice President of u.s.-china business council, said: "About half of the goods from China need to face higher tariffs. The increased cost will be transmitted to American consumers and will affect the wallets of most Americans. " The British Times website reported that.

  From Coca-Cola to RV, from toys to clothing, the storm of price increase has been thundering.

  CNN reported that Coca-Cola has raised the price of carbonated drinks because the recent 10% tariff on imported aluminum made the production cost of Coca-Cola cans higher. CEO James Quincy admits that the price increase is "destructive" but necessary.

  According to the website of The Wall Street Journal, Michael Harpy, CEO of Winnebago Industries, an RV manufacturer, said that due to the recent price increase of some products, the company began to consider raising prices. Although the company did not want to disclose its price increase, it said that in order to cut costs, it had made changes, such as modifying the floor design of the RV.

  Toys will soon become the "hardest hit". Among the $200 billion of goods to be exported to the United States, including $12.2 billion of children’s toys. The United States is the world’s largest toy consumption market, while China is the world’s largest toy production base. According to the data provided by Guangdong Toy Association, in 2017, 28.8% of China’s toys were exported to the United States, and 80% of the products in the American toy market were made in China.

  Zhou Shijian, a senior researcher at the China-US Relations Research Center in Tsinghua University, said that the $200 billion of Chinese-made consumer goods accounted for too much, and the substitutability was very limited. If the tax is really increased, most consumers in the United States can immediately feel that "as soon as it is announced, the prices of consumer goods in the United States will rise."

  The report on the British Science News website quoted Rick Helfenbein, president of the American Federation of Clothing, Footwear and Socks, as saying that Trump imposed tariffs on China products imported from the United States, which led China to impose retaliatory tariffs on goods exported from the United States, which was equivalent to imposing a huge Trump tax on American workers, consumers and the American economy.

  Joseph Stiglitz, a Nobel Prize winner and a professor at Columbia University, also believes that Trump’s move to start a full-scale trade war with China will lead to "tax everywhere", and the substantially increased costs will be borne by ordinary people, and the poorest class in the United States will suffer the heaviest blow.

  "These punitive tariffs will be passed on to American consumers and offset all the positive achievements made by the American economy in recent months. There is no better example of hurting yourself in order to vent your anger. " Matthew Shea, CEO of the National Retail Federation, said.

  Reduce the deficit

  Can it make America more prosperous?

  Reducing the US trade deficit is one of Trump’s promises, which is also an important reason for the Trump administration to provoke a trade war.

  Chen Chenchen, a researcher at Chongyang Financial Research Institute of Renmin University of China and deputy director of the Macro Research Department, pointed out that since Trump took office, he has never given up his deep-rooted policy stance since the 1980s — — By grasping the bottom line of the transaction and shrewd negotiation, we will get back all the jobs, industries, market opportunities and trade benefits that belong to the United States. He wants to replace rules with absolute interests and global considerations with absolute American priority. The "fair trade" that Trump wants to achieve most is the lowest-level trade with the greatest American interests as the core. Compared with the previous US government, it is the "zero-sum experience" in the business world that dominates the trade policy thinking at the core of American power.

  However, almost all analysts believe that it is impossible for him to honor this promise.

  According to the latest data from the US Department of Commerce, in June, the US trade deficit reached US$ 46.3 billion, a sharp increase of 7.3% over the previous month and the first expansion in four months. Moreover, this deficit data is also the largest data in 19 months. In other words, the current US trade deficit is even higher than when Trump came to power, and it has reached the highest level.

  I don’t know if Trump will feel a little embarrassed. However, neither the media nor experts are surprised.

  The Washington post website reported that economists thought it was wrong for Trump to focus on reducing the trade deficit. The only way to really reduce the trade deficit is to let Americans buy less. They believe that Americans have not "suffered" in trade: Americans get cheaper goods from abroad, and most of the dollars flowing to other countries return to the United States in the form of foreign investment or the purchase of American bonds. They stressed that the Trump administration’s tax increase on China products is unlikely to reduce the trade deficit, because Americans will still buy all these goods with tax increase, so enterprises may adopt two solutions: one is to buy goods with tax increase, and the other is to buy from other countries.

  Kimberly Ann Elliott, a visiting researcher at the Center for Global Development in the United States, pointed out in an article published on the American World Political Review website that Trump did not seem to understand three basic facts about trade policy: first, trade policy could not defeat a wide range of macroeconomic forces; Secondly, the main impact of trade policy is to re-layout the economy; Third, trade policy is far more complicated today than in the past.

  Lawrence summers, a professor at Harvard University and former Treasury Secretary, wrote an article for the Financial Times website, which also believed that Trump put offensive trade policy at the core of economic governance, which was problematic. Most economists agree that the adjustment of trade policy is unlikely to play a significant role in promoting employment or GDP growth, and loosening trade can promote the prosperity of the United States more than manipulating trade.

  wield a club (at sb)

  Can America be great again?

  "Let America be great again!" This is Trump’s campaign slogan and Trump’s ultimate goal. However, so far, the various practices of the Trump administration have caused widespread doubts.

  "Trump is depriving the United States of what makes it great." The title of Washington post’s article is simple and direct. The article points out that after World War II, the foundation of American prosperity is the scientific and technological breakthrough promoted by a powerful innovation system. The innovation policy of the United States has been successfully imitated in Europe and Asia, and it has also been imitated by China in recent years. Now, Trump has launched a trade war with China, with the purpose of slowing down the rise of China’s science and technology, but in fact, he has gone astray and is doomed to failure. Instead, the United States should do what it does best — — Innovate at home and trade with other countries in the world, so as to keep America prosperous.

  Washington post columnist Robert samuelson recently published an article on the website of Japan Times, which also pointed out that Trump’s campaign slogan "Make America Great Again" brought an illusion that we can still achieve prosperity by pursuing isolationism. The United States was once "great", but it was achieved by actively participating in international affairs through military alliances and trade policies.

  Once upon a time, the United States was a well-deserved leader of the western world. However, nowadays, the mentality of Western allies towards the United States may only be described as "bitterness".

  At the end of July, an international conference against the Trump administration’s trade war was held in Geneva, Switzerland. The participants were all the closest allies of the United States: Japan, South Korea, Canada, Mexico and European Union countries. The reason why these countries are rallying to "resist the United States" is because the investigation on whether imported cars and parts threaten the national security of the United States, which began in May this year, may be completed in August, and the White House is likely to impose a 25% punitive tariff on all imported cars and parts. The German financial network stressed that the message of the Geneva gathering was the EU’s "distrust of Trump’s commitment". German newspaper frankfurter allgemeine zeitung commented that Trump wants to destroy the world order, so what? Countries will unite to protect international organizations and international rules.

  Former US Deputy Secretary of State richard armitage wrote in the Japanese Yomiuri Shimbun that Trump publicly claimed to make a deal without showing his cards to others. This technique may be effective in business, but it won’t work in diplomacy. Most foreign relations of the United States have been weakened by Trump’s obvious lack of credibility diplomacy, and allies’ trust in American leadership is declining.

  Washington post’s website article bluntly pointed out that Trump values his pride, his demand for attention, and his ability to create disasters — — If he needs to give a heavy blow to the western alliance to convince himself that he is smarter than all his predecessors, then he will not hesitate to do so.

  Chen Chenchen, a researcher at Chongyang Financial Research Institute of Renmin University of China and deputy director of the Macro Research Department, pointed out that in Trump’s policy thinking, allies who "take advantage of the United States" are not trustworthy. Only through shrewd foreign policy negotiations, including taxation of allied products, will they "have excellent allies again".

  America’s image has been damaged. The article on the website of the Brookings Institution in the United States directly calls the United States "a rogue superpower" and "actively, powerfully and thoroughly seeks its own interests".

  Threaten and blackmail

  Can America be a winner?

  "The trade war is very simple. Winning is easy. " This is Trump’s judgment.

  "Trump believes that trade is a ‘ Zero-sum game ’ . He believes in trade wars ‘ It’s easy to win ’ . He launched a trade war against many countries in order to force them to sit at the negotiating table. " Washington post website reported that.

  According to this logic, the Trump administration recently played a "combination boxing". The National Defense Budget Act of 2019 just passed by the US Congress directly positions China as a long-term strategic opponent; The Trump administration ordered the US Department of Commerce to put 44 China enterprises and institutions on the export restriction list for technical blockade on the grounds of "significant risks to US national security"; The Trump administration also threatened to impose a 25% import tariff on China’s 200 billion products.

  However, not many people believe that the United States can easily win the trade war.

  The CNN report quoted Phil Levy, an expert of Chicago Global Affairs Committee, as saying that raising the tax rate on goods from China is consistent with the President’s strategy of continuously putting pressure on China. There seems to be a feeling among members of the Trump administration that as long as you hit China hard enough, China will give in. However, Levy said, "There is no evidence to prove this."

  Martin wolf, chief economic commentator of the Financial Times, pointed out that the adoption of "Section 301" by the United States against China sometimes seems to be aimed at forcing China to eliminate its trade surplus with the United States, sometimes seems to be aimed at preventing the "Made in China 2025" plan, and sometimes seems to be aimed at correcting China’s compulsory technology transfer. The first goal is ridiculous, the second goal is not negotiable, and the third goal is difficult to achieve.

  The Australian Sydney Morning Herald website article believes that in the economic war between the United States and China, Trump adopted the ancient weapon of the 17th century mercantilist era — — Tariffs, and China took out the weapons of the 21st century — — Renminbi. China’s choice of weapons is more powerful, because China’s investment activities around the world are huge and growing rapidly, which is warmly welcomed by people.

  Jeffrey Sachs, an American economics professor, and a group of enlightened American scholars he represents believe that the United States’ efforts to curb the rise of China and the development of science and technology by means of blocking trade wars are "doomed to failure".

  The American media believe that the Trump administration may have used Nixon’s "madman theory". It means that opponents are cautious because they suspect that the president of the United States is unpredictable, occasionally reckless and possibly as dangerous as madness. However, the article on Washington post’s website starts with "‘ Madman theory ’ It will not help Trump win the trade war. It is pointed out that it is good for both China and the United States to retreat from the edge of the trade war. However, this requires cooperation rather than conflict between the two sides. The self-righteous "madman theory" needs to give way to a calmer head.

  Our reporter Zhang Hong

There were 195 earthquakes of magnitude 4 or above in Japan and its surrounding areas in March, the most in a single month in the past decade.

  Overseas network April 12 thAccording to a report on the website of Japan’s Yomiuri Shimbun on the 12th, statistics from the Japan Meteorological Agency show that in March this year, there were 195 earthquakes of magnitude 4 or above in Japan and its surrounding areas, the most in a single month in the past decade.

  According to the statistics of Japan Meteorological Agency, among the 195 earthquakes, the main focal points were 73 in Fukushima Prefecture and Miyagi Prefecture, and 20 in the northwest waters of Okinawa Island. After the March 11th earthquake in Japan in 2011, there was a sharp decrease in small earthquakes. March this year was the most earthquake in a single month since December 2012 (239 times).

  Miyaoka Ichiki, the earthquake information planning officer of the Japan Meteorological Agency, admitted that "there are indeed many recent earthquakes, and there are also periods of multiple and few earthquakes." On the other hand, Hirata Hiroshi, chairman of the Earthquake Investigation Committee of the Japanese government, also called on the public to raise their awareness of prevention on the 11th. "Japan is a big earthquake country, and I hope everyone will make relevant preparations.". (Overseas Network Janice)

Twelve o’clock of Chongqing Intelligent Networked New Energy Vehicle

  At present, a new round of scientific and technological revolution and industrial transformation is in the ascendant, and intelligent networked new energy vehicles have become the development direction of the global automobile industry.

  As one of the "important automobile production bases in China", Chongqing clearly proposed to realize intelligent networking and new energy "two-wing Qi Fei" and build a world-class intelligent networking new energy automobile industry cluster in 2030.

  In the 2023 Zhibo Fair, Chongqing invited the intelligent networked new energy vehicles to the center of the "stage". With the help of the Zhibo Fair, which leads the frontier, empowers innovation and prospers the society, it promotes the intelligent networked new energy vehicles to resonate with the digital economy at the same frequency.

  This newspaper specially planned the "Twelve Hours of Chongqing Intelligent Networked New Energy Vehicle" to witness the whole process from production to sales to operation and maintenance, and to show you how Chongqing can seize the development outlet and form a development trend of working together in the whole industrial chain to seize the day.

  period of the day from 11 pm to 1 am

  23∶00—01∶00

  Logistics enterprises should pay close attention to finishing the "last order"

  "The last order, after work." At around 0: 00, in Chang ‘an Minsheng Logistics Warehouse, the driver on night shift walked to the designated area of the warehouse while talking.

  Changan Minsheng Logistics is an important logistics supplier of Changan Automobile, responsible for the transportation of new energy vehicles in Changan. August is not the peak season. Generally, the transportation task can be completed around 23: 00, and the workload on that day is relatively heavy.

  After the driver drove Chang ‘an new energy vehicle from the warehouse to the waiting area, he got off and went back to the warehouse to drive another vehicle. This behavior was repeated five times. In the waiting area, there are special drivers who drive these vehicles to the loading area and then drive them into the transport trucks.

  The reporter saw that there were two seesaws between each truck and the ground. The driver accurately let the car tires "step" on the seesaws and stopped at the designated position of the truck.

  After loading, the five new energy vehicles will sail to tuanjie village Railway Port in Shapingba District, and finally be transported to the European market through the China-Europe train (Chongqing New Europe).

  Figure ① Changan Automobile Vehicle Distribution Center, the driver accurately parked the car at the designated position of the truck. Reporter Xie Zhiqiang photo/visual Chongqing

  period of the day from 1 am to 3 am

  01∶00—03∶00

  An electric drive assembly is offline in 45 seconds in a transmission manufacturing enterprise.

  At about 2: 00, the workshop of Chongqing Qingshan Industry Co., Ltd. is brightly lit at the foot of Jinyun Mountain and next to National Highway 244, Qinggang Street, Bishan. The workers are working overtime and producing as planned. Despite the dead of night, standing outside the workshop, I can only vaguely hear the low hum from the machine.

  Several large trucks loaded with new energy electric drive products drove out of the factory, and in just a few minutes, they entered the G85 Yinkun Expressway from Bishan South. The latest of them will arrive at Changan Automobile’s passenger car base in Yuzui, Liangjiang New District within 2 hours; Far away, it will arrive at car companies in Hefei and Nanjing within 24 hours.

  Hundreds of parts and 92 processes, dozens of workers are also busy in the new energy second-line electric drive production line of Qingshan Industrial Gearbox No.1 Factory. Every 45 seconds, a new energy electric drive assembly is off the assembly line.

  "As the market share of new energy vehicles continues to rise, new models of domestic car companies are listed one after another, and we have also entered the’ fast lane’ of development." Zhou Yaohong, deputy director of Qingshan Industrial Gearbox No.1 Factory, said that in the first half of this year, the sales of new energy products in Qingshan Industry increased by nearly 50% year-on-year, and the new energy orders this month exceeded 50,000 units.

  Figure ② Workers are sampling products in Chongqing Qingshan Industrial Gearbox No.1 Factory in Bishan District. Reporter Cui Lishe/Visual Chongqing

  period of the day from 3 am to 5 am

  03∶00—05∶00

  Chassis production base guarantees supply day and night.

  At about 4: 00, the chassis production base of Jiangjin Shuang Fu in Sichuan Jian ‘an Industry, Jiangjin District (Shuang Fu Industrial Park) in the West (Chongqing) Science City, was brightly lit and busy.

  Large trucks are waiting in line here in turn, and forklifts are holding high the chassis of new energy vehicles and loading them on the trucks. After loading, the truck immediately sent the chassis assembly to the automobile production bases such as Chang ‘an Deep Blue.

  Since the beginning of this year, Sichuan Jian ‘an Industry has continuously expanded its intelligent manufacturing capability, and established a brand-new two-in-one and three-in-one special line for electric motor control and electric drive in the field of intelligent manufacturing and assembly, which leads the industry in automation, production efficiency, information traceability and quality assurance.

  "The big trucks are transported in shifts day and night." The relevant person in charge of the base told the reporter that since July, the output of aluminum alloy chassis has risen against the trend. "We are working overtime to ensure the supply of OEMs such as Changan Automobile, and bravely take the lead in supporting high-quality suppliers of’ intelligent networked new energy vehicles’."

  In the first half of this year, the output value of 92 auto parts enterprises in jiangjin district supporting intelligent networked new energy vehicles reached 3.1 billion yuan, accounting for 39.5% of the total output value of spare parts, an increase of nearly 10 percentage points over 2022.

  Fig. ③ On the delivery yard of Chongqing Chassis Branch of Sichuan Jian ‘an, forklift trucks loaded chassis assemblies and sent them to the automobile production base. (Photo courtesy of the respondents)

  period of the day from 5 am to 7 am

  05∶00—07∶00

  Production workers shift machines in two shifts without stopping.

  At 6: 00, the outside of Great Wall Motor Yongchuan Factory was still silent.

  When I entered the welding workshop, I saw a lively scene. The feeding truck kept sending all kinds of spare parts to various stations, the workers kept sending the spare parts to the working platform, and the robots turned around to carry out welding operations.

  The workshop safety officer told the reporter that the factory is divided into two shifts a day. The working hours during the day are 8: 00-17: 00, and the night shift is 20: 00 to 5: 00 the next day. But since the implementation of two shifts, employees have often worked overtime. The Great Wall cannon and tank 300 produced by this factory have been selling well, and the factory can only run over load.

  The task bar of the workshop shows that the production task of the night shift is 210 Great Wall cannons and 258 tanks. During the night shift and daytime, the Yongchuan factory of Great Wall Motor produces more than 900 cars every day.

  At 6: 30, some employees who completed the task walked out of the factory one after another. At 7: 30, employees on the day shift began to walk into the factory building. At 8: 00, the rest of the night shift and day shift workers handed over their jobs, which realized that people stopped the machine without stopping.

  Figure ④ Workers are working on the production line in the assembly workshop of Great Wall Motor Yongchuan Factory. Reporter Cui Lishe/Visual Chongqing

  period of the day from 7 am to 9 am

  07∶00—09∶00

  More than 1000 robots in the smart factory cooperate to build cars.

  At 8: 00, a command starts, and a new round of car-making process of Sailisi Liangjiang Smart Factory starts-

  In the tens of thousands of square meters factory building, the waving robotic arms and AVG cars shuttled back and forth made the whole factory busy.

  Here, many links are highly intelligent. For example, in the stamping process, the mechanical arm on the production line will first put the steel plate on the punching machine, and the mold can instantly "change" the steel plate into the shape of a car door, and then it will be sucked away by the mechanical arm.

  In the above-mentioned links, only one person needs to start with one button, and the rest can be handed over to the machine for automatic control.

  Because of its high automation, it was rated as one of the "lighthouse factories" in Chongqing. Through the cooperation of more than 1000 robots, a whole steel plate from raw materials to a new car that meets the delivery standard, workers only need to control the machine with the switch button.

  After four steps of stamping, welding, painting and assembly, a whole vehicle can be rolled off the assembly line. According to the calculation of full production, 240 vehicles can be produced here every day.

  Based on digitalization and networking, Sailisi Liangjiang Smart Factory has realized 100% automation of key processes and 24-hour online inspection of smart cars.

  Figure ⑤ The robotic arm is in production in Sailisi Liangjiang Smart Factory. (Photo courtesy of the respondents)

  period of the day from 9 am to 11 am

  09∶00—11∶00

  The store receives six groups of car-watchers in one and a half hours.

  "Two good! Welcome to our store to learn about and experience the dark blue car. " At 10: 15, two customers entered the Chongqing Hongqi Hegou Experience Center of Deep Blue Automobile, and Xiao Shiyu, a salesperson, immediately greeted them warmly.

  In the shop, two brand-new dark blue cars are parked. Two customers went straight to one of the white cars, followed by Xiao Shiyu.

  "This is a dark blue S7 new energy vehicle, and the extended range version has a cruising range of up to 1,120 kilometers; It also has the advantages of high face value, high configuration and high cost performance. " While skillfully introducing the highlights of this car to customers, she guided customers to carefully observe the appearance and interior inside and outside the car.

  After seeing the car on the spot, Xiao Shiyu asked the customer to sit down, showed the configuration and function of the car in detail with the pictures on the tablet computer, and introduced the rights and interests that customers can enjoy when buying a car.

  After about 10 minutes, the customer asked for a test drive. After the test drive experience, two customers signed an electronic contract at 11: 30. According to the relevant person in charge of the store, this is the sixth batch of customers that day.

  Figure 6 Deep Blue Auto Chongqing Hongqi Hegou Experience Center, customers are learning about the highlights and functions of Deep Blue Auto. Reporter JUNG WOO Photo/Visual Chongqing

  period (of the day) from 11 am to 1 pm

  11∶00—13∶00

  A smart factory will get off the assembly line for 18 hours.

  At about 12: 00, a brand-new uni-v iDD passed the final inspection and officially went offline in the second workshop of the second factory area of Changan Automobile Liangjiang Factory. It only took 18 hours from scratch.

  This speed is due to the fact that 96% of the equipment in the production line of the factory has been networked, and people, systems and equipment can work together efficiently.

  For example, in the tire installation process, the camera recognizes the tread patterns of all tires on the conveyor belt, and more than 20 different types of automobile tires are automatically separated and transported to different work areas.

  For another example, on the assembly line of the vehicle instrument panel, the camera detects the appearance of all kinds of easy-to-mix parts, and scans the part numbers on the parts to match, so as to ensure that the parts are installed foolproof.

  "This is the last process of the car off the assembly line." According to the relevant person in charge of Changan Automobile, a car has tens of thousands of parts, and the production in the main engine plant has to go through four manufacturing processes: stamping, welding, painting and final assembly. In Changan Automobile Intelligent Factory, with its domestic leading intelligent and automated production technology, it takes less than one day to produce a car.

  Figure ⑦ A uni-v Zhidian iDD that has been painted is officially off the assembly line in the second workshop of the second factory area of Changan Automobile Liangjiang Factory. (Photo courtesy of the respondents)

  period of the day from 1 pm to 3 pm (in the old way of keeping time)

  13∶00—15∶00

  Cloud control platform helps accelerate the exploration of autonomous driving technology

  "It is recommended to reduce the speed to achieve green wave traffic." At 14: 00, in the Liangjiang Collaborative Innovation Zone, a bus was driving "lonely" on the road, next to the cab, and there was a reminder from time to time. This is the "green wave traffic" information, which can inform the driver of the countdown to the next traffic light and give "speed suggestion". Based on this reference information, the driver can speed up or slow down to achieve smooth traffic.

  "We have built an intensive and efficient cloud control platform for autonomous driving." The relevant person in charge of the Liangjiang Collaborative Innovation Zone said that this platform has built five systems: MaaS Travel as a Service, self-driving cloud service data and simulation, operation management and service, digital twin and big screen, and fusion test pre-research, so that more autonomous driving technologies can be tested here.

  In 2021, the Liangjiang Collaborative Innovation Zone conducted a pilot test around the national-level vehicle networking pilot zone, built a demonstration scene of "vehicle-road-cloud" products and technologies with perfect ecology and adaptive functions, and accelerated the exploration of autonomous driving technology. At present, it has realized the direct connection scenes of 32 small-class vehicles in three categories, such as bus priority, cross-collision warning, 5G+ Beidou high-precision positioning, L2+L4 high-level autonomous driving and self-driving cruise ships.

  Figure 8 In the collaborative innovation zone of the two rivers, the self-driving bus line runs on the road. Trainee reporter Jiang Hanzhi photo/visual Chongqing

  period of the day from 3 pm to 5 pm

  15∶00—17∶00

  The largest solid-state battery production base in China has been stepped up.

  Install the ceiling and control the pipeline … At about 16: 00, the workers in the solid-state battery production workshop of Ganfeng new lithium battery Science and Technology Industrial Park project in Liangjiang New District are carrying out interior decoration.

  "This workshop is expected to be officially put into production in May next year." The relevant person in charge at the scene said. The Ganfeng new lithium battery Science and Technology Industrial Park project in Liangjiang New Area is an important supporting facility for Chongqing Intelligent Networked New Energy Vehicle, with a fixed investment of more than 5 billion yuan, which will build the largest solid-state battery production base in China.

  The project includes three sub-projects: solid-state battery technology research institute, solid-state battery production base and battery Pack system. After all the projects are completed and put into use, the annual output value will exceed 20 billion yuan, and more than 4,000 new jobs will be created.

  At present, the main building and supporting roads of the project are advancing rapidly. In addition, the project will also build a solid-state battery research and testing center in Liangjiang New District, and attract 800 high-level talents from all over the country to tackle key problems around core technologies such as improving battery energy density, and help Chongqing build an intelligent networked new energy automobile industry cluster.

  Photo 9 Workers are decorating the exterior of Ganfeng new lithium battery Science and Technology Industrial Park project. Reporter Xie Xiaoxi photo/visual Chongqing

  period of the day from 5 pm to 7 pm

  17∶00—19∶00

  The charging pile is faulty, and the intelligent platform solves the problem for 25 minutes.

  At about 18: 00, on the intelligent operation and maintenance platform of Chongqing facilities of the State Grid Vehicle Network, an alarm prompt suddenly popped up on the big screen that rolled in real time: No.9 charging pile of Panxihe Eight-in-One Demonstration Station failed.

  The personnel of the monitoring center immediately issued the maintenance work order. After receiving the maintenance work order through the mobile phone "e-charging operation and maintenance App", the operation and maintenance personnel Gao Jiajun and his colleagues immediately rushed to the scene to investigate and repair the faulty charging pile.

  About 20 minutes later, they arrived at the scene, and the "alarm" light on the display screen of No.9 charging pile was on. Experienced Gao Jiajun combined with the scene and immediately judged it as "emergency stop failure".

  Restart, turn off the emergency stop button … Less than 5 minutes, the charging pile will resume operation. Gao Jiajun and his colleagues tried to charge the charging pile again, and after confirming that it can be charged normally, they reported "processed" to the platform. At this time, less than 25 minutes have passed since the platform alarm.

  "In the past, manual inspection, large sites can only be inspected three or four times a day. Now, remote monitoring can inspect all charging and changing stations once in five minutes." Gao Jiajun said.

  Figure Attending State Grid operation and maintenance personnel are conducting troubleshooting and maintenance of faulty charging piles. Reporter Xie Xiaoxi photo/visual Chongqing

  period of the day from 7 pm to 9 pm

  19∶00—21∶00

  "Single window" only takes 1 minute to verify the export release.

  At 20: 12, tuanjie village Railway Port in Shapingba District, the customs declaration staff submitted a ticket of declaration information of new energy vehicles to the customs in the form of electronic data. Subsequently, the customs clearance system received the relevant data and began to accept its export declaration.

  The staff of Yuzhou Customs, a subsidiary of Chongqing Customs, said that according to the requirements, automobile export must enter the declaration data and information into the customs system through the "single window" of international trade in China. The reporter saw that every exported vehicle must provide the license and other materials needed for car customs clearance.

  At the same time, the exporter and the customs declarer need to authorize the customs declaration through the "single window", enter the goods information and the attached documents and materials, and then enter the processes of declaration, document review, order taking, inspection and release after the data is uploaded.

  "If the customs declaration is to be checked, the’ single window’ will also inform the exporter." The customs staff said that at that time, the relevant personnel will inspect the goods on the spot, including the brand, model, frame number and other information of the vehicle written on the export documents.

  These new energy vehicles were not required to be inspected. After less than one minute of verification, the vehicles were allowed to leave the country.

  Customs staff check the declared data and information through the "single window" of the business system. Reporter He Saige photo/Visual Chongqing

  period of the day from 9 pm to 11 pm

  21∶00—23∶00

  Accurate detection and elimination of hidden dangers in new energy vehicles "hospitals"

  At 22: 00, a new energy network car drove into Chongqing Jincheng Motor Vehicle Inspection Station near Huixing Clothing City in Yubei District.

  This is the first new energy vehicle inspection station in China led by the Traffic Patrol Corps of Chongqing Public Security Bureau and China Automotive Engineering Research Institute. It is equipped with special inspection equipment for new energy vehicles, such as charging inspection, electrical safety inspection, on-board comprehensive inspection and vehicle safety inspection.

  The staff instructed the car to park in the designated area, and then inserted the charging gun into the charging port of the car. At the other end of the line, a device taller than a person was connected, and the LCD screen of the device began to display the battery capacity attenuation and battery self-discharge.

  "The battery pack of a new energy vehicle consists of multiple batteries. If a battery is abnormal, such as excessive temperature and abnormal battery insulation, it can be detected by this equipment." The staff of the new energy operation safety inspection pilot project said that this inspection station is like a new energy vehicle "hospital", which can accurately "diagnose" the hidden dangers of new energy vehicles. This inspection station is also connected with the online monitoring system of China Automobile Research Institute, which can use the big data of vehicle operation to monitor the safety state of vehicle operation through professional model algorithm, screen out the problem vehicles and give an early warning.

  Photo Chongqing Jincheng Motor Vehicle Testing Station, the staff is testing new energy vehicles. Reporter Xie Zhiqiang photo/visual Chongqing

  (This edition was written by reporters Yang Jun, Xia Yuan, Huang Guanghong, Yang Yongqin, Zhou Yu, Peng Yu and Liu Hanshu)

The new Tesla Model Y spy photos will be released in 2025.

  [Pacific Auto] A few days ago, a group of spy photos about the new model (|) were exposed on the Internet. The internal code of the new car is "Juniper", which will be adjusted for the appearance and interior, and the HW4.0 hardware of the intelligent driving system will also be upgraded. It is expected to be officially released in 2025. For reference, the domestic price range of the current Model Y is 24.99-35.49 million.

  From the spy photos, the appearance upgrade of the new Model Y is similar to that of Huan’s new version. Its headlight group is more slender and sharp, with a new style of wheels, while the tail is suspected to be equipped with a penetrating taillight design. The taillights are C-shaped at both ends to enhance recognition.

  In terms of body size, the length, width and height of the current Model Y are 4750/1921/1624mm and 2890mm respectively. Previously, the new version of Model 3 Huan increased by 26mm and decreased by 1mm compared with the old model.

  In terms of interior, the interior design of the new Model Y is basically consistent with the new version of Model 3 Huan. The shift lever and the turn signal lever are cancelled, and the screen shift mode is adopted, while the turn signal button is arranged on the steering wheel. At the same time, the wood decorative board is replaced by fabric material, and the atmosphere light belt running through the door and the center console is added, and the carbon fiber-like panel is adopted under the central control panel. Enhance the sense of luxury.

  It is expected that a small screen will be added to the air outlet of the rear air conditioner of the new car. Refer to the new version of Model 3, which can control and adjust the air volume of the air conditioner and play music and videos. In terms of comfort, the new Model Y seat is also expected to be upgraded, which will greatly improve the package and support of the seat, and at the same time increase the ventilation function of the front seat. In addition, the high-profile models are expected to add a 17-speaker sound system.

The picture shows the current Tesla Model Y.

  In terms of power, the power information of the new Tesla Model Y has not been exposed yet, and it is expected to be consistent with the new version of Tesla Model 3, and it will be upgraded in terms of suspension system, power performance and cruising range. Referring to Model Y sold in China, the rear-wheel drive version is equipped with a rear single motor, with a peak value of 440 Nm and a cruising range of 554 km.

  The long-life all-wheel drive version is equipped with a front induction asynchronous/rear permanent magnet synchronous motor, with a comprehensive torque of 331 kW, a comprehensive torque of 559 Nm and a CLTC cruising range of 688 km. The high-performance version is also equipped with front induction asynchronous/rear permanent magnet synchronous motor, with comprehensive power of 357 kW, comprehensive torque of 659 Nm and CLTC cruising range of 615 km. (Text: Pacific Auto Wu Qi)

What does Fuxing Intelligent EMU look like? Go with the reporter to find out!

  On June 25th, with the implementation of the national railway train diagram in the third quarter, Fuxing intelligent EMU was put into operation. The newly unveiled Fuxing intelligent EMU was not only more attractive, but also more intelligent, more comfortable and convenient to ride.

  On the afternoon of 25th, CCTV reporter from the main station experienced the Fuxing intelligent EMU from Shanghai to Beijing for the first time. Let’s go with the reporter to see what the intelligent train conductor looks like.

  On the platform of shanghai hongqiao railway station, the newly unveiled CR400AF Fuxing intelligent EMU attracted passengers to take photos one after another. The appearance of the car body adopted the shape of "Rui Long Zhi Xing", which was inspired by the images of "Dragon and Phoenix Totem", "Dragon Dance" and "Flying Phoenix" in China traditional culture.

  Walking into the carriage, although the seat layout has not changed, each seat has been optimized according to ergonomics, making it more comfortable to ride. In the second-class car seat, in addition to retaining the charging equipment under the previous seat, the USB charging interface is also added to the chair backrest, and the groove of the small table plate cup holder is deepened, so that the water cup is safer to put; First-class carriage, with adjustable headrest and electric leg rest added to the seat; The business seats are staggered and equipped with intelligent interactive terminals that support the screen projection function of mobile phones, which improves privacy, convenience and comfort; The barrier-free carriage is equipped with wider access doors, barrier-free toilets and wheelchair storage areas.

  Trains also use train WIFI based on 5G technology. With the coverage of 5G network signals along the line, it can provide passengers with better voice calls and mobile network services. In addition, intelligent lighting, variable frequency air conditioning, etc., make the train energy consumption lower.

  Fuxing intelligent EMU adopts nine intelligent operation and maintenance and monitoring systems, including on-board safety monitoring, which further improves the intelligent level of train operation and safety monitoring. When fireworks, overcrowding, passengers triggering panic button, abnormal doors and other alarms occur, the fault can be quickly confirmed and handled through the video linkage alarm in the car, which not only reduces the risk of further expansion of the fault, but also improves the efficiency of fault handling. (CCTV reporter Li Weidai, Chen Xi, Jia Ruizhen, yaoyao)

The report of "Z generation" nutrition consumption trend is released, and the concept of nutrition consumption after 1995 is seen through the report

In response to the "Healthy China 2030" Planning Outline and practicing the "Big Food Concept", the first "518 China Nutrition Festival" sponsored by Xinhuanet, assisted by Tomson Bianjian, and professionally guided by the Science Popularization Committee of China Nutrition Society and National Nutrition Week was officially launched. In recent years, with the appearance of punk-style health preservation, young people are paying more and more attention to health. In order to better understand the nutrition and health status of young people, the first session During the "518 China Nutrition Festival", Xinhuanet, Tomson Bianjian and JD Health jointly released the "Z Generation Nutrition Consumption Trend Report". one carry all before one "Generation Z" is paying more and more attention to nutrition and health. According to the report, in 2021, the domestic market for nutritional products will have a market scale of more than 260 billion yuan, with dietary supplements and vitamins accounting for 70%, and the growth rate of sports nutrition will be the fastest. It is predicted that the market scale will reach 320 billion yuan in 2025. Among them, young people are becoming the main force of health care consumption. On average, the average annual expenditure of permanent residents in each city exceeds that of 1000 yuan for health care, and the proportion of young consumers aged 18 to 35 is as high as 83.7%.
The report shows that the "Z generation" is satisfied with their current nutritional status, but the proportion is not high, but they are willing to invest in health. The most important functions in the nutritious food purchased for oneself are vitamins/minerals, enhancing immunity and improving sleep. The needs of young people are becoming more and more diversified and subdivided, and the consumer market has shown more growth. 2 Catch up with the tide for health and be lazy for health. "Z generation" nutrition consumption is more pleasing to themselves. The report shows that the "Z generation" also tends to be more personalized in the choice of healthy consumption, and presents four major trends: catching up with the tide for health, being lazy for health, involution nutrition and self-satisfaction consumption. Keeping in good health with the tide reflects that "the post-95 s and post-00 s" have different health concepts from the previous generation. They care more about "maintenance and prevention".
Being lazy and healthy is the attitude of contemporary youth. Compared with traditional tonics, portable, simple and ready-to-eat "light nutrition" products are more favored by "Z generation".
The nutrition market is also very involved. As the "Z generation" represented by "self-awakening and minority personality", they are not satisfied with general maintenance, different circles have different personalized needs, and their nutritional needs are becoming more and more diversified and subdivided. Most "Generation Z" buy for themselves, and the top three considerations when buying nutritious food are efficacy, price and taste respectively. This shows that the "Z generation" is becoming more and more strict in purchasing nutritious food, which is not only effective for health, but also cost-effective, delicious and appropriate practical consumption ideas. In addition, the "Z generation" as a whole is more inclined to give priority to nutritional products with higher face value and newer form.
three Lack of professional knowledge "Z generation" nutrition and healthy consumption education is at the right time The younger generation attaches great importance to their own health management. The vast majority of "Generation Z" expressed their desire to have a more nutritious and healthy life, but due to the lack of professional knowledge, there was a situation in which the mind was willing but unable to do so. First of all, it is the health challenge brought by bad work and rest such as staying up late. Secondly, there are many cases of unbalanced nutrition caused by excessive pursuit of low sugar and low carbon water. With the awakening of health awareness, "Generation Z" is paying more and more attention to nutritional status. However, many people fall into the dilemma of controlling nutritional intake too harshly or too delicately for their bodies or being guided by false information. Among them, more than 30% of "Generation Z" said that their peers around them had excessive pursuit of low-sugar and low-carbon water, and even talked about "fat" color change, or followed online celebrity to lose weight and not eat carbohydrate.
Due to the lack of professional nutrition knowledge and perseverance, it is easy for Generation Z to start health preservation and give up. How to keep healthy persistently is a challenge for Generation Z.. In the survey, more than half of the "Generation Z" said that the scientific and nutritious dietary lifestyle is easy to give up after a few days, and even 62.44% of the representatives of Generation Z have the possibility of wasting after buying nutritional products. How to make the "Generation Z" keep healthy steadily has become a new challenge.
The survey also found that there are still many "Z generation" who do not pay attention to the nutritional balance in daily life and cram for nutrition temporarily. This step-by-step "Z generation" recognizes the importance of health, but its understanding of nutrition science is not deep. The report pointed out that the "Z generation" has unlimited potential for nutrition consumption, and they attach great importance to nutrition and health, and are also receiving more and more social attention. "Generation Z" is a picky generation, and has its own personalized understanding of nutritional supplements, but there is still room for optimization in scientific nutritional cognition and purchasing behavior. Only by strengthening the scientific guidance of the whole society can the "Z generation" truly understand what scientific nutrition is, become a unique new generation of health care and become the main force to shoulder the future healthy trend. (Feng Kong)
Reporting/feedback

The real tiger can’t carry "Sunshine Robber", so it’s time to talk about the existence value of animal actors.

Author/Baoyi 

This May 1st file, the film "Sunshine Robber" promotes the real tiger element in a high-profile way, which is bound to bring a real and shocking visual experience to the audience.

 

"Sunshine Robber" promotional materials

 

According to producer Fang Li, in order to highlight the real tiger texture in the film, he "used five real tigers, including three Siberian tigers and two Bengal tigers" in the process of photography. After the screening, many viewers also gave positive comments on this little tiger, such as "cute", "lifelike" and "the best in the audience".

 

However, the real tiger element seems to have failed to greatly promote the box office and word-of-mouth of Sunshine Robber. The film was released for 4 days, with box office less than 40 million, Douban 5.5, Cat’s Eye 7.2 and Taobao Film 7.3, and the voices about boycotting animal performances came as scheduled.

 

From this, we can’t help asking questions: can animal actors make stars and what is their value?

 

Recently, Mr. Hao Shuai, a professional animal actor director,Film Information Office (ID: dianyingqingbaochu)Sharing first-hand industry information, this article, let us face up to all kinds of problems and challenges around animal actors at present.

 

From props to actors

 

Looking back on the film history, it can be said that there is a century difference between the establishment of the status of "animal actors" in Europe, America and China.

 

As early as the 1920s, Hollywood giant Warner Bros. began to sign contracts with animal actors, and successfully produced dog stars like Rin Tin Tin, a German shepherd. However, when did China’s film and television industry officially recognize the title and identity of "animal actor"? Hao Shuai, who has been working as an animal actor director for nearly ten years, thinks that this time point should be between 2015 and 2017, because during this period, the TV series "Dog Seven" was broadcast on Hunan Satellite TV and "A Dog’s Purpose" was released on the big screen, and both of them got good market response one after another.

 

"After these two projects, more and more crews no longer classify us as a prop group, and the staff in the group are willing to call our little animals’ animal actor teachers’," Hao Shuai shared with Intelligence Jun with satisfaction.

The film "Rinty of the Desert" starring rin tin tin.

 

However, Hao Shuai also bluntly said that, in addition to the rising market demand, the status of animal actors has been improved, and the unpleasant events that have appeared in the filming process of some film and television projects have sounded the alarm for how to regulate the use of animal actors.

 

"For example, some directors will think that dogs are born to stand or catch the ball. Some directors will think that dogs can work endlessly for two or three hours after watching some videos on the Internet. Others will ask dogs to make the expression required in the script at the first time … and then something will happen," Hao Shuai went on to say. "We have also participated in and witnessed related unpleasant events, so now everyone is paying more and more attention."

 

In this regard, access to past news can also be traced.

 

First of all, animal sacrifice accidents caused by the imperfect working procedures of the crew and the negligent operation of the crew have really happened in China, especially in the use of horse actors. According to the report of Youth Weekend in 2009, due to the inappropriate remarks made by Gao Xixi, the director of the new version of Three Kingdoms, that "six horses were sacrificed and eight horses were crazy in filming", the China Small Animal Protection Association "held" a media briefing in the form of a salon. At that time, Lu Di, the president of the new version of Three Kingdoms, not only denounced the crew of the new version to the media.

 

Secondly, even though the awareness of protecting animal actors has been improved, many crews now use bionic mechanical animals to assist filming, but due to the needs of the plot, the crew sometimes cannot provide 100% security for all actors, including real actors and animal actors. For example, the crew of Lonely City Closed (later renamed Qingpingle), which was accused by netizens of deliberately tripping horses and dogs in order to restore the plot of "killing dogs by escaping horses" in ancient books, made an explanation statement, while the crew of Crazy Alien, which was condemned by animal protection organizations for abusing dogs and throwing them into the river during filming, also made a statement afterwards, and director Ning Hao also deleted relevant scenes in the film.

 

Behind-the-scenes interview of CCTV6 "Crazy Alien"

 

However, the possible danger between the interaction between real actors and animal actors is also two-way. Once, jean jacques annaud, the director of the movie Wolf Totem, and William Feng, the main actor, showed the media that it was very difficult and dangerous to act with animals. Even in Hollywood, where the training mechanism for animal actors is quite mature, it is inevitable that the trainer will be accidentally killed by a bear or tiger during the filming process.

 

It can be seen that if you want to make a star as an animal actor, you must first admit that "it" is an actor, and if you want the animals in the studio to realize the gorgeous turn from props to actors, it is not just a matter of changing their names, but also requires cognitive transformation, process standardization and supporting technological innovation of all nodes in the whole industry.

 

First, real animal actors need to receive professional performance training like real actors. Therefore, from the animal training courses designed and developed for the common needs of film and television projects to the mutual cooperation of animal owners, trainers and animal directors, it is necessary to specialize in the technical field.

 

Secondly, animal actors also need to enjoy corresponding labor benefits. For example, they should not only get proper living and food care on the set, but also work moderately and avoid overtime. More importantly, all welfare items should be determined in black and white to avoid unnecessary disputes in audience sitting.

 Animal actors who have just arrived at the scene of the crew

 The field staff is looking after the animal actors in the waiting field (source: Hao Shuai)

"Then who will sign the contract on behalf of the small animals?" When talking about this labor agreement, Intelligence Jun asked Hao Shuai questions. "You don’t want to grab the paws of small animals to cover the red handprints, do you?"

 

Probably amused by the brain hole of the intelligence officer, Hao Shuai replied unhurriedly: "Actually, the animal as the noumenon and the actor as the identity can’t be equated directly, because an animal actor has the efforts of the trainer and the animal director behind him, so you can understand Party B on the contract as a trinity collective noun, including the animal itself, the trainer and the animal director."

 

"So Party B in the contract is actually you as an animal director or a company legal person, right?" Intelligence jun summed up.

 

"Yes, that’s right, we act as an agent." Hao Shuai replied.

 

 

A bolder idea

 

By clarifying the process of how the animals on the set "become" actors, Hao Shuai described to us a vibrant and developing branch of the film and television industry. However, a slogan once said, "How bold people are, how productive the land is." Besides the current cognition and ability of practitioners in the field of animal actors, there are other bolder ideas for making stars in the market.

 

First of all, the marginal ability of animal actors is constantly being broken through, from simple turning around and picking up the ball upright to more complicated subtle emotional expression, the professional level of animal performance training team is constantly being pushed up. In Hao Shuai’s original words, "We will be eliminated if we don’t make progress."

 

Secondly, the business scope of the animal performance training team is constantly expanding outward. From the initial performance training and script planning to the subsequent brokerage business, medical support and animal placement, the animal performance training team has long been not limited by the word "performance training". The reason is also very simple. If they don’t participate in script planning, it will be difficult to train animals in advance according to the requirements of the crew. If they are not responsible for post-use resettlement, most crew members have no ability and obligation to undertake this responsibility.

 

Therefore, just as Beijing Mingshi Dog Industry Co., Ltd., which participated deeply in the TV series "God Dog Seven", recorded in its own official website, matters related to pet film and television, such as foster care, performance training, theme planning, actor brokerage and film and television shooting base construction, all belong to their business scope.

 

Thirdly, the types of animal actors are constantly being enriched, from pet actors with the lowest training difficulty coefficient (cats, dogs, hamsters, etc.) to scene actors with a slightly higher training difficulty coefficient (horses, sheep, etc.), and then to beast actors with the highest training difficulty coefficient (tigers, bears, wolves, lions, etc.). Writers and directors increasingly want to complete richer and more interesting film and television expressions through animal actors.

 

In this regard, some are rigid requirements, such as horses used in war scenes, while others are based on the soft requirements set by story characters, such as the horse named Joey in the classic movie War Horse, the monkey played by Geng Hao (Bo Huang) in Crazy Alien, and Xiaoxue (Song Jia)’ s pet tiger in Sunshine Robber.

 

The war scenes in the preview of the trilogy of deities

 

Stills of "War Horse"

 

However, training beast actors is not easy. Time cost, money cost, ability and qualification, risk coefficient, legal protection and other issues have all become the constraints of vigorously developing beast training business in China at present.

 

In this regard, Hao Shuai explained to Intelligence Jun that if a crew asks them for the training of specific animal actors, they will consider undertaking it on the premise that time and funds are sufficient, but not all the crews are willing to provide corresponding time and remuneration. More importantly, not all kinds of animals can be called into film and television projects, such as parrots listed in the List of National Key Protected Wild Animals. As for tigers, their breeders have to pass many examinations before they can be successfully employed in China.

 

It is reported that when film and television crews need to use beast actors in the filming process, most of them will seek assistance from compliance agencies such as circuses or zoos. For ordinary people or general training teams, taming wild animals in daily environment is even more comparable to reaching the sky.

 

Take raising tigers as an example. According to the investigation, Article 17 of People’s Republic of China (PRC) Wildlife Protection Law stipulates that the state encourages the domestication and breeding of wild animals, but it should hold a license. If you want to get a license to domesticate tigers, you need facilities and equipment that meet the conditions for raising tigers, ensure the source of feed for tigers, and make a good plan to prevent tigers from escaping. In this way, circuses, zoos and other institutions are indeed the right choice for taming tigers.

 

Therefore, if the domestic film team wants to introduce wild animals such as bears, tigers and wolves into the project, they will choose to cooperate with foreign teams and even set the shooting location of related scenes abroad. Just like "Wolf Totem" and "Sunshine Robber" both cooperated with the team of Andrew Simpson, a famous animal performance trainer, and the company "Instinct animals for film" founded by Simpson also featured animal actors such as wolves, tigers and leopards.

 

CCTV6 column report

 

In this case, why are there always fresh commercial film projects that choose to use other animal actors besides cats and dogs, or even choose to take greater personal risks to use beast animal actors? "Maybe I want to pursue novelty," Hao Shuai guessed.

 

 It can be seen that in the idea of star-making animal actors, people with a keen sense of business have already considered and laid out, and they are constantly pushing up the possible margin of star-making animal actors through bolder business development. Regardless of whether such motives and goals will be understood and supported by the whole society, it may not be a good thing if the training system and welfare guarantee mechanism of animal actors can be continuously improved in this process.

 

However, around the "animal actors", industry bottlenecks and external doubts have never stopped.

 

 

Limitation and breakthrough

 

Just as real actors have to face problems such as performance evaluation, salary payment, labor welfare and career transformation, animal actors are no exception. However, these problems are more demanding for animal actors, and the collective "aphasia" of animal actors also increases the difficulty of promoting the corresponding rights and interests.

 

In the past ten years, Hao Shuai has continuously paid attention to the above problems and pushed forward to solve them. Among them, the resettlement of animal actors, which he is particularly concerned about, has also been improved.

 

Nevertheless, the quality level and accuracy of animal performances must have a ceiling, and probably no one can clearly answer where the breakthrough in this field will fall.

 

At present, the existence and development of animal actors are faced with two major problems: one is the technical problem, that is, the competition and integration of animal actors’ real shooting and visual effects technology, and the other is the ethical problem, that is, the correctness and rejuvenation of animal performances in social audio-visual

 

Let’s start with the first question.

 

Looking at many films involving animal scenes and their behind-the-scenes production tidbits, it is not difficult to find that no animal can consistently and completely participate in the filming. body double, green screen, special effects, bionic mechanical props … behind a screen animal role, it must be supplemented by sufficient scientific and technological support.

 

Hedwig "Men" in Harry Potter

(Source: Warner Bros. Studio, London-Harry Potter Studios)

However, if visual effects technology can really develop to a perfect level in the future, can animal actors still keep a foothold? In this regard, Intelligence Jun believes that the optimization and industrialization of film visual effects technology is an inevitable trend, and a higher level of visual effects production ability can also give the crew more animal protection space. But even so, the existence value of animal actors cannot be completely replaced-"mainly because of the cost of time and capital", Hao Shuai explained.

 

Specifically, bionic machinery, foamed latex used in physical visual effects, and 3D modeling and animation rendering used in digital visual effects are not cheap options. For shots such as capturing subtle expressions of animals, shooting real animals is indeed a more cost-effective option.

 

Behind-the-scenes tidbits of "The Fantasy Drifting of Youth School": Tiger

 

Let’s talk about the second more complicated problem.

 

Ethics has never been a black-and-white word, and the debate about the significance of animal performances has always been in the gap between the supply side and the defenders. For example, just as "Sunshine Robber" is being released, social organizations headed by "China Green Hair Society Endangered Species Special Fund Saving Performing Animals Project" are also sparing no effort to speak out for the treatment of Tiger Wenwen.

 

However, does "animal performance" include film and television performances, can "animal film and television performances" be compared with zoo performances and circus performances, where should the "moral yardstick" be placed in animal film and television performances, and does "stopping all animal performances" include the special effects presentation of collecting animal muscle data and reprocessing? And so on, all remain to be discussed.

 

After all, no one can give a satisfactory answer to all parties in an authoritative manner, and no one can make a presumption of guilt for the suppliers and defenders of animal performances. Just as everyone can applaud the The Shawshank Redemption crew for feeding crows with insects that died naturally in response to the call of animal protection organizations, they have no right to blame Christopher Nolan for not explicitly disclosing how to shoot the magic trick of "swatting dead birds".

 

Stills of Fatal Magic

 

So, can we seek a compromise breakthrough for the career planning of animal actors? For example, like the "Palm Dog" at Cannes Film Festival, a similar "Best Animal Actor Award" was set up at domestic film and television awards ceremony? In this way, not only the animal actors who have contributed superb acting skills to film and television works can be commended, but also the service team behind them can be encouraged, and a positive animal publicity image can be established in the whole society, thus promoting the benign development of the whole industry of animal performance, and achieving multiple goals in one fell swoop.

 

"We are looking forward to the birth of such an award, but I think it will take at least one or two generations to see the dawn," Hao Shuai said. "Why? Because the cognition of animals in China is still quite uneven, the older generation still has many concepts of equating kittens and puppies with livestock and wolves and tigers and leopards with fierce elephants, while the younger generation is just beginning to think about the companion role of kittens and puppies and the cultural significance of wolves and leopards. "

 

Yes, in the past words, such as Geng Hao (Bo Huang) in Crazy Alien, you can burn incense at the bodhisattva and worry about whether the name of "Southwest Monkey King" will be broken in your own hands; For example, Bao Shungui (played by Yin Zhusheng) in "Wolf Totem" regards wolves as enemies and is driven to extinction. In the discourse of the younger generation in our country, the demand for companions of various animals, the proposition reconstruction of traditional cultural images, and the active thinking about the value of life are just blooming.

 

But this is not enough, at least in the two dimensions of "partner" and "life".

 

"Suppose an ascending actor wants to walk down the red carpet with a cat or a dog, can he/she really accept that he/she is not as good as an animal in the spotlight?" Hao Shuai asked the intelligence officer.

 

"Not necessarily," the intelligence gentleman replied. However, Intelligence Jun thought to himself that some people would regard pets as the apple of their eye, and some people would feast on them in dog meat shops. Some people will really regard pets as emotional dependence, and some people will go to the "cat and dog" store to complete social needs; Some people will bow to the experimental animals under their own swords, but others will only illegally collect money under the guise of protecting animals … Who can say that no one in China will walk down the red carpet with animal actors full of joy and honor in the future?

 

tag

 

From witnessing the small animals around them get rid of the label of props, to promoting the landing and improvement of projects such as animal actor welfare agreement and job placement, most of the animal performance-related practitioners represented by Hao Shuai have witnessed and personally participated in all aspects of star-making animal actors.

 

In the matter of star-making animal actors, their goal is also very simple: that is, carefully shoot the projects in their hands, try their best to treat the actors in their hands, and if they can get a little praise, it would be great.

 

Just like Uggie, a dog who contributed superb acting skills in The Artist, he not only completed the feat of getting on the red carpet of the Academy Award, but also left paw prints on the walk of fame, writing a brilliant page in the world film history.

 

Jean dujardin and Aji shared the Academy Award for Best Actor.

(Source Getty Photo Agency)

 

To sum up, animal actors can make stars-there are many pioneering cases, and looking forward to the future is even more promising.

 

However, how can we be a better and more positive star-making animal actor in China? -this question remains to be considered by all parties.

[National Special Action to Eliminate Evil] The evil forces that openly committed crimes in broad daylight were destroyed!

  Cctv newsDuring this period, eliminating evils has become a hot word. Since January this year, the nationwide special campaign to eliminate evil forces has been launched, political and legal organs at all levels in China have destroyed a number of criminal gangs of evil forces, arrested a number of criminal suspects involved in evil forces according to law, prosecuted and tried a number of criminal cases involving evil forces according to law, and promptly transferred the clues found by the "umbrella" to the discipline inspection and supervision organs for investigation according to discipline and law, which quickly formed a strong momentum of eliminating evil forces. So, how black and evil are these evil forces? Let’s look at a case in Jiangxi.

  This is Gao ‘an City, Jiangxi Province. At the end of 2015, the driving recorder of a truck took such a thrilling scene.

  After firing five or six shots at the truck, the three gunmen wearing hoods left the scene in the vehicle. However, the bad luck of the truck driver did not end. As soon as the shooting was over, three people wearing masks and hoods rushed out from the right side of the truck.

  During the whole murder, the hooded man drove the car and stopped in front of the truck to direct the command. After beating the driver, these unidentified personnel smashed the driving recorder and left. This is the damaged condition of the vehicle, and this is the truck driver involved.

  Inexplicably, the driver, Mr. Xie, had his tendons and tendons cut off, leaving him with a lifelong disability. As can be seen from the picture, the incident was not remote. At the time of the incident, pedestrians and vehicles passed by from time to time. Masked guns, daytime murder, who is so arrogant? After receiving the report, the police launched an investigation and gradually locked in a local person named Ouyang Wenming.

  Ouyang Wenming, born in 1988, is a native of Xinjie Town, Gao ‘an City. In 2013, he was imprisoned for illegal possession of guns and opening casinos, and was released from prison in June 2015. In the month when he was released from prison, Ouyang Wenming snared people and started criminal activities.

  Police investigations show that Ouyang Wenming began to make trouble after he was released from prison. This is the information provided by the police. These people with murder weapons are all gang members, who commit crimes in the street because of a trivial matter. At the same time, they use violence to infiltrate into the business field. Ms. Fan of Xinjie Town opened this chess room, and Ouyang Wenming proposed to join the joint venture. After being rejected, Ouyang Wenming immediately assigned personnel to retaliate against Ms. Fan.

  After investigation and evidence collection, in December 2015, Yichun City Public Security Bureau organized police forces throughout the city and arrested the main members of Ouyang Wenming’s gang.

  This is Ouyang Wenming, the principal criminal of the gang. On February 5 this year, the Intermediate People’s Court of Yichun City, Jiangxi Province sentenced Ouyang Wenming to 15 years’ imprisonment for organizing and leading underworld organizations. However, today, Ouyang Wenming is still evasive about his crimes.

  What is Ouyang Wenming’s so-called violation law? Police investigation shows that Ouyang Wenming’s criminal gangs are well-organized, with a large number of people and strict family rules.

  Under the control of Ouyang Wenming, gangs opened casinos, forcibly participated in the operation of other casinos, collected protection fees, and infiltrated into the fields of construction and transportation. In the case of the shooting of a concrete truck driven by the driver Mr. Xie, behind it was actually the collusion between criminals and Ouyang Wenming in an attempt to expel a large concrete enterprise from the local area and monopolize the market. Liu Jiugen, a key member of Ouyang Wenming’s criminal gang, directed and carried out this criminal activity.

  The local person in charge pointed out that Gao ‘an has an active economy and developed construction and ceramics industries. If this gang is not destroyed in time, the normal economic order will be affected.

  The reporter learned that in the case of smashing concrete vehicles, Ouyang Wenming always argued that he was entrusted by an industry association, and the problem was only business competition, which is what he called doing business in violation of the law. Professionals pointed out that this shows that the criminal activities of underworld organizations are becoming more and more hidden.

  During the investigation, the local public security department also noticed that the gang was entrenched in Gao ‘an and the border area between two neighboring counties and cities, and many illegal and criminal activities were carried out across borders, which put forward a new topic for cracking down on organized crimes involving black gangs.

  In this regard, the local government has confirmed that it will promote the linkage between counties and districts, and at the same time base itself on key industries, key areas and key people, fight early and fight small, and eliminate evil.

  A car smashing incident led to a gang of evil forces.

  In Yichun, Jiangxi Province, Ouyang Wenming gang was punished by early intervention, while in Jiaxing, Zhejiang Province, crimes committed by evil forces were effectively curbed by establishing an early warning and judgment mechanism.

  On October 22, 2016, a county public security bureau in Jiaxing, Zhejiang Province suddenly received an alarm. The policeman said that one of his cars was smashed.

  At first glance, it seems to be just an ordinary case, but the professional identity of the parties engaged in earthwork transportation has attracted the attention of the police.

  As early as April 2016, Jiaxing Public Security Bureau issued an opinion on strengthening active investigation and deepening the work of cracking down on evils. It is necessary to pay attention to the price anomalies in key industries, such as engineering construction, passenger and freight transportation, professional markets and other fields, and analyze whether there is the possibility of bullying the market from the price anomalies, and dig deep into the hegemony behind it.

  The police investigation found that there were far more than one similar victim. Most of them are engaged in earthwork excavation and transportation on construction sites.

  With the deepening of the investigation, criminal gangs involved in evil, led by Zhang, who monopolized the transportation of local muck, surfaced.

  Zhou Moumou, a native of Chongqing, is Zhang’s right-hand man and the head of the thugs group. He has gathered eight young people from other places to act as thugs, and he is also the second-in-command of this criminal gang.

  In fact, it is not that simple to do the muck business in the so-called "mediation" way.

  Verbal intimidation and violent beating are the usual means of Zhang’s gang. Sometimes they are short of manpower, and they will temporarily hire people. No matter what means are used, there is only one purpose: either force the other party to accept their high price, or pack up and leave.

  Cure at the source to curb crimes committed by evil forces

  In this way, Zhang monopolized the local earthwork transportation business, which seriously disrupted social security and market order. Later, the police investigation revealed that there were more than 30 cases of Zhang gang’s forced trading, trouble-seeking, intentional injury, etc. At the end of March 2017, after mastering and verifying a large number of evidence of illegal crimes, Jiaxing city and county public security organs closed their nets at the same time, arresting ten suspects such as Zhang and Zhou Moumou in one fell swoop, and the local earthwork transportation business returned to normal.

  It is no accident that a criminal gang was dug up from an ordinary public security case.

  It is precisely because of the guarantee of the clue investigation and discovery mechanism that the police can fight early and fight small and eliminate evil in the process of cracking down on evil forces.

  Eliminate evils and give people more sense of security.

  In broad daylight, openly committing crimes, such evil forces were destroyed, which was very exciting and inspiring. At the same time, we can also notice that the current characteristics of hidden crimes, behind-the-scenes criminals and "soft violence" in criminal behavior reflect the new trend of illegal crimes involving black and evil, which is a common difficulty in the struggle against evil in various places and is also the focus of the central government’s request to crack down. We hope that, on the basis of summing up experience, we can continue to push forward the elimination of evils and give the people more sense of security.

China’s digital economy ranks second in the world, with more than 700 million IPV6 active users.

Cctv newsOn April 3rd, the State Council held a press conference for the 6th Digital China Construction Summit. At the meeting, Cao Shumin, deputy director of the National Internet Information Office, said that the Party’s Report to the 20th CPC National Congress emphasized the need to speed up the construction of digital China, and the Overall Layout Plan of Digital China Construction issued by the Central Committee of the Communist Party of China and the State Council put forward the top-level design and overall layout of digital China construction, in which the "2522" framework was a systematic overall layout, which pointed out the direction and defined the goals and tasks for the construction of digital China to help Chinese modernization. In 2022, the construction of digital China has made new and important progress.

  First, the digital infrastructure realizes "Gigabit access to cities, 5G access to counties and broadband access to villages". By the end of 2022, a total of 2.31 million 5G base stations have been built and opened, and the Gigabit optical network has the ability to cover more than 500 million households. For the first time, the number of mobile Internet of Things connections exceeded the number of mobile phone users, realizing the "superman of things", and our country is the first in the world. IPV6 active users exceed 700 million.

  The second is to initially build a data-based institutional system. The Central Committee of the Communist Party of China and the State Council issued the "On Building a Data Basic System"

Opinions on better playing the role of data elements. Last year, the Central Committee of the Communist Party of China had two important documents, one was the Overall Layout Plan of Digital China Construction, and the other was about the basic data system. From the aspects of data property rights, circulation transactions, income distribution and security governance, the data basic system is constructed. China’s data output ranks second in the world. Data sharing also made positive progress last year, and 208 provincial and municipal local governments have launched the government data open platform.

  Third, the digital economy ranks second in the world and has become one of the main engines to promote economic growth. The scale of the digital industry has grown steadily. In 2022, the operating income of the electronic information manufacturing industry reached 15.4 trillion yuan, and the software business income exceeded 10 trillion yuan for the first time, reaching 10.8 trillion yuan. The digital transformation of the industry has been deepened, and the informationization rate of agricultural production has exceeded 25%. The industrial internet has been fully integrated into 45 categories of national economy, and the proportion of online retail sales of physical goods in the total retail sales of social consumer goods has reached 27.2%, a record high.

  Fourth, the development level of digital government affairs has improved rapidly. The online service index remains the world leader, and the e-government development index has entered the forefront of the world. The ability of "one network to handle affairs" has been significantly enhanced, and a large number of high-frequency government affairs services have been "handled across provinces", effectively solving the problems of difficult, slow and complicated work for market participants and the masses.

  Fifth, digital culture provides new kinetic energy for cultural prosperity and development. The digital transformation of culture has been accelerated, and network culture has flourished. With the deep integration of digital technology and media, the international influence of online literature has increased rapidly.

  Sixth, the construction of digital society promotes the sharing of quality service resources. The strategic action of digital education was fully implemented, and the national public service platform for smart education was officially launched, building the world’s largest education and teaching resource pool. Digital health has accelerated, with more than 26.7 million telemedicine services nationwide. The construction of smart cities and digital villages has achieved positive results.

  Seventh, the construction of digital ecological civilization promotes green and low-carbon development. The digital governance capacity of the ecological environment has been continuously improved, and the coordinated transformation of digital greening has been further promoted.

  Eighth, the innovation capability of digital technology in key areas has been continuously improved. 5G China has achieved a comprehensive lead in technology, industry and network applications, and we have made important positive progress in integrated circuits, artificial intelligence, high-performance computing, EDA, databases and operating systems.

  Ninth, the digital security system has been continuously consolidated. The "Measures for Network Security Review" was revised and promulgated, and the "Measures for Data Exit Security Assessment" was promulgated and implemented, and the education, technology and industry of network security were accelerated. In terms of network security last year, we successfully completed the network security guarantee for major events such as the Beijing Winter Olympics and the 20th Party Congress.

  Tenth, digital governance creates a good development environment. The network rule of law system has been basically established, the comprehensive network governance system has been accelerated and improved, and the "Qinglang" series of special activities have been carried out in depth, and the network ecology has continued to improve, effectively safeguarding the legitimate rights and interests of netizens.

  Eleventh, international cooperation in the digital field has reached broad consensus. China initiated the G-20 Digital Innovation Cooperation Action Plan, reached the BRICS Digital Economy Partnership Framework, published the white paper "Working Together to Build a Community of Cyberspace Destiny", and formally established the world internet conference International Organization.

Research on the nature of science and technology | Hengrun Dasheng IPO: The core product indicators did not reflect obvious technical advantages. In the past six years, only two invention patents were

Source: Sina Securities

  Produced by: Sina Finance Research Institute of Listed Companies

  Author: IPO Refinancing Group/Qin Mian

  Judging from the IPO companies that have been rejected and withdrawn recently, science and technology innovation board not only sticks to the hard technology positioning as always, but also pays more attention to the ability of sustainable operation. If rejected, Taimei Technology was asked at the meeting of the Shanghai Municipal Party Committee about the impact of large losses on the ability to continue operations and the changes of factors affecting profitability during the reporting period; The rejected Spitzer was asked at the meeting of the Shanghai Municipal Party Committee about the continuous losses, the sharp drop in net assets and the sustainability of business ability during the reporting period.

  As of May 23, 2023, there are 109 IPO enterprises under trial in science and technology innovation board (based on acceptance, excluding registered effective and terminated enterprises). Among the 109 enterprises, 44 companies have suffered losses during the reporting period, 28 companies are losing money in the latest financial report, and 25 companies have been losing money during the reporting period.

  Among the 109 companies, 10 companies that intend to IPO have zero or almost zero revenue, and all of them suffered losses during the reporting period. Whether an IPO enterprise with zero revenue can realize the commercialization of its main products is an important index to evaluate whether the company has the ability of sustainable operation, and it is also the key to whether it can be listed in science and technology innovation board. In addition, enterprises with zero revenue adopt the fifth set of listing standards and need to meet the "obvious technical advantages", where "obvious" is one of the core signs to distinguish other listing standards.

  Among the 10 companies, the actual controller is Hengrun Dasheng of Putian Department, and the technical indicators of the main core products have no obvious technical advantages, and several similar products have been listed in the market. Although the company has invested a lot of R&D expenses every year and 430 million yuan in three and a half years, it has only had two invention patents in the last six years, which is significantly inferior to comparable companies in the same industry.

  Core product indicators do not reflect obvious technical advantages.

  According to the prospectus, Hengrun Dasheng is an innovative biomedical company focusing on the research and development and production of breakthrough immune cell therapy products, mainly focusing on the treatment fields such as malignant hematological diseases and solid tumors. As of the signing date of the prospectus, the indications of HR001 for the treatment of relapsed/refractory B-cell non-Hodgkin’s lymphoma (r/r B-NHL) and HR003 for the treatment of relapsed/refractory multiple myeloma (r/r MM) have been in the phase II registered clinical trial stage, and HR001 and HR003 are the two core products of the company.

Source: Prospectus

  In 2019-2021 and the first half of 2022, the main business income of Hengrun Dasheng was zero, and the net profit attributable to the mother was-117 million yuan,-103 million yuan,-193 million yuan and-117 million yuan respectively. The income from the main business is zero, and all losses occurred during the reporting period. If Hengrundasheng wants to land in science and technology innovation board, he can only choose the fifth set of listing standards, because the minimum requirements for the other four listing standards are 100 million yuan.

  However, according to the "Guidelines for the Application of science and technology innovation board Listing Rules of Shanghai Stock Exchange No.7-Application of the Fifth Set of Listing Standards for Medical Device Enterprises", the issuer of an enterprise adopting the fifth set of listing standards should have obvious technical advantages. Does Naheng Rundasheng have obvious technical advantages? We can analyze the two core products of the company, that is, the two products closest to commercialization.

  According to the data, among the similar products of Hengrundasheng HR001 products, that is, similar products for treating r/r B-NHL, two products have been listed in China, namely Yikaida and Benoda. Compared with two competing products that have been listed, Hengrun Dasheng has lost its competitive advantage in the first round.

Source: Prospectus

  In addition, the main indicators of HR001 products of Hengrun Dasheng have no obvious competitive advantage, and even some indicators are not as good as competing products. For example, the best ORR of HR001 is 66% (the higher the better, the same below), and the data of four competing products are 72%, 73%, 79% and 76% respectively; Another example is the CRS data of level 3 or above (the lower the better, the same below), and the data of HR001 is 8%, which is higher than that of three listed competitors.

  As a product of HR001 that has not been listed yet, this product of Hengrun Dasheng can only be late-comer and first-Mover, achieving overtaking in corners, and only with obvious technical advantages can it meet the fifth set of listing standards in science and technology innovation board. However, the core products of Hengrun Dasheng not only have no obvious technical advantages in the main indicators, but also lag behind in some indicators.

  At present, Hengrun Dasheng’s HR001 products are still facing the challenges of many unlisted products, which can be described as "strong enemies around". According to the announcement, in addition to two listed products in China, there are nine kinds of drugs under study in phase II clinical trials and later research stages, including HR001. There are ADC and double antibody products for r/r B-ALL indications in China, and the clinical trial progress of four CAR-T products is faster than that of HR001;. Adcs and small molecule inhibitors for r/r MM indications have been approved for marketing in China, and three CAR-T products have been declared NDA.

  Hengrun Dasheng’s HR003 products also have some problems that some indicators are behind competing products. For example, the best ORR of HR003 is 91%, which is lower than that of three competing products; The HR003 CR/sCR (the higher the better) index is 45%, which is lower than the two competing products; HR003 VGPR (the higher the better) index is 36%, which is lower than that of a competing product; The CRS of HR003 product above grade 3 is 9%, which is higher than that of three competing products; NT above Grade 3 is 5%, which is higher than that of two competing products.

Source: Prospectus

  It is worth mentioning that although some indicators of HR003 products, such as PR indicators, are higher than those of four competing products that have been listed, the HR003 products of Hengrun Dasheng are in the experimental stage after all, and the number of patients that can be evaluated is far lower than that of peers, and the stability of the data remains to be verified.

  According to the data, HR001 and HR003 are equivalent to the estimated treatment costs of similar CAR-T products that have been listed or declared to be listed. CAR-T treatment costs include CAR-T product costs and other treatment costs, of which CAR-T product costs more than one million yuan, and other treatment costs are about 200,000 yuan, totaling about 1.2 million yuan. Moreover, two CAR-T products that have been listed in China are not included in the national medical insurance. The medical expenses of one million yuan are not included in medical insurance, which restricts the commercialization process and performance of Hengrun Dasheng to some extent.

  In six years, there were only two invention patents, and the chief scientist left during the reporting period.

  According to the prospectus, during the reporting period (2019-the first half of 2022), Hengrun Dasheng invested 84.3679 million yuan, 84.5953 million yuan, 160.3328 million yuan and 99.6431 million yuan respectively, totaling about 430 million yuan in three and a half years.

  However, Hengrun Dasheng invested heavily in R&D, and only got two invention patents during the reporting period. What is more noteworthy is that among the 17 invention patents of Hengrun Dasheng, 15 were applied before April 21, 2017. In other words, the company only obtained two invention patents in the last six years.

Source: Prospectus

  The 17 invention patents of Hengrun Dasheng correspond to the company’s core technology platforms: antibody screening and verification platform and CAR structure design platform. There are only two invention patents in the last six years. Does it mean that the company’s core technology does not have obvious competitive advantage, or that the technology is more universal?

  Among comparable companies in the same industry, 56 invention patents of Chipscreen were approved in 2021 and 2022. Junshi Bio has 17 invention patents approved in 2021 and 2022; In 2021 and 2022, a total of six invention patents of Shenzhou Cell were approved, all of which were much higher than the two patents of Hengrun Dasheng in six years.

  Hengrun Dasheng not only failed to receive invention patents in recent years, but also lost many technicians. During the reporting period, the former chief scientist of the company, Hung Ming Hu (Hu Hongming), resigned, and the reason given by the company was the change of personal career planning. In addition to the former chief scientist, PIN WANG (Wang Pin), a member of the company’s former scientific advisory committee, also left his post in June 2021.

  At present, the fastest-growing research projects of Hengrun Dasheng are HR001 for r/r B-NHL indications and HR003 for r/r MM indications, and NDA applications are expected to be submitted in the third quarter of 2023 and the third quarter of 2024 respectively.

  However, according to public information disclosure, during the clinical research and development of HR001 and HR003, the competent authorities put forward opinions and suggestions on clinical trial schemes and prospects, and some opinions and suggestions were not adopted by the issuer. The regulatory authorities questioned whether there was significant uncertainty in the approval of new drugs.

  Hengrun Dasheng admits that due to the uncertainties in the follow-up clinical trials and the review and approval of new drugs, it still takes some time for the company to submit its application for listing new drugs, and it needs to be approved by the regulatory authorities before listing. If the follow-up clinical trials and approval time of the drugs under research are significantly delayed compared with the company’s expectation, the drugs under research cannot be approved for new drugs, the approval contains significant restrictions, the conditional listing approval is revoked, or the drug listing approval is revoked due to safety problems or violations of laws and regulations during production and operation, etc., it will have a significant adverse impact on the company’s business operation.

  Left-handed huge funds for financial management and right-handed fund-raising to supplement the flow.

  According to the prospectus, Hengrundasheng plans to issue no more than 50 million new shares in this IPO, which is not less than 25% of the company’s total share capital after this issuance, and plans to raise 2.539 billion yuan. Simple calculation, the estimated value of Hengrun Dasheng’s IPO is about 10.1 billion yuan.

  Of the 2.539 billion yuan raised by the company, 600 million yuan was used to supplement the working capital. However, the financial report shows that Hengrun Dasheng’s books are not "short of money".

  At the end of each reporting period, the amount of trading financial assets of Hengrun Dasheng was RMB 20 million, RMB 110 million, RMB 533 million and RMB 422 million respectively, all of which were structured deposits purchased with temporarily idle funds.

  Since there are so many idle funds in the company’s books, why should we use 600 million yuan to supplement the working capital? Is it necessary?

Source: Prospectus

  It is true that innovative pharmaceutical companies do need a lot of R&D investment, but of the 2.539 billion yuan that Hengrundasheng plans to raise, 1.337 billion yuan has been used for research and development projects of tumor immune cell therapy products. In other words, the 600 million yuan raised by Hengrun Dasheng to supplement working capital is not specially used for research and development, but may be used to supplement other working capital. However, the company’s books are not "not bad money", so why should we make a huge replenishment?

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