How to choose the main dish of the group annual banquet? Hotel chef’s statement

Jimu journalist Liu Wei

It is the New Year, and a warm and delicious group dinner is an important ceremony that many families look forward to.

The reporter learned that all hotels in Wuhan have carefully planned and launched the chef’s specialty as the main dish of the New Year banquet. How to choose the menu for the group annual banquet? A journalist interviewed two high-quality hotels in Jiangnan and Jiangbei, and asked the chef to teach you to order the most satisfactory special dishes.

Shangri-La: Chefs Join Hands to Think Ingeniously.

On the evening of January 13th, Shangri-La Hotel, Wuhan, held the Spring Festival Tasting Meeting of "Seeking Fragrant Palace, Banqueting with Friends", a private chef’s banquet, which was cooked by master Xu Zhenfang, a master of Chu cuisine, and jointly created by chefs of Cantonese cuisine and Huaiyang cuisine, won unanimous praise from the guests.

The dinner started with a crisp and refreshing four-disc Spring Festival. Then, the executive chef of the hotel led the catering service team, and served a taste of the "Hongyun skinned suckling pig" on behalf of the prosperous lucky strike. The suckling pig’s skin was crisp and oily, and the outside was crisp and tender, fat but not greasy. As the main theme of "taste of the year", it is convincing.

The music of the guqin sounded, and the girl dressed in Hanfu served "seven orifices and exquisite lotus root ribs soup", which can not help but remind people of Su Shi’s "lotus root with red hands in an ice bowl, lotus root with red hands in an ice bowl, long lotus root and long filament lotus root with a smile". Especially the lotus shape made of fish balls and green beans, floating in the soup, fresh and lovely.

Wudang Hericium erinaceus, Danjiangkou Zuiguai, Liaoshen Dongpo pork, authentic Hongshan caitai, and Daimeng Tiger Head Bao … all classic dishes make guests feel the classic taste in traditional memory, and marvel at the new taste bud experience of combining creativity and ingenuity. In addition, the hotel also caters for different dishes, with different tastes of wine, Year of the Tiger brewed white wine and other customized drinks, which makes people feel the charm of wine and food.

According to reports, in addition to the special dishes carefully prepared by Star Chef, Wuhan Shangri-La Store also selected several New Year’s products, including zodiac wine, fragrant white wine, Buddha jumping wall gift box and seafood gift package. In response to the demand of Chinese New Year in Han Dynasty, the hotel also launched a convenient and safe New Year’s Eve takeaway package, semi-finished prefabricated dishes and so on.

Bright and beautiful: the main specialty of Hunan and Hubei

If you want to eat authentic hubei cuisine or special Hunan cuisine, Renaissance Wuhan Guangming Hotel in Xu Dong, Wuchang is a good choice.

It is understood that Master Peng Jian of the Wanlixuan Chinese Restaurant on the second floor of the hotel has many years of cooking experience. He has visited the source of food many times, tasted local flavors and exchanged food culture. At the same time, he kept innovating while following the essence of traditional cooking, bringing diners taste and visual enjoyment. The five Wanli Year of the Tiger family dinners created by Master Peng are most worth looking forward to, which are the surprise experience brought by the special Hubei cuisine and authentic Hunan cuisine.

Slow fire is a long transformation. For modern people, this long-awaited brewing is the best inheritance of food culture. According to reports, the mutton of the main dish "Red Stewed East Goat with Golden Bamboo Shoots" is hot, and the bamboo shoots are slightly cold. The two are both adjustable and moderate. The richness of mutton blends with the fragrance of bamboo shoots, which forms a huge contrast in taste, but it is also impeccable.

Another casserole sauce fish head king, rich in sauce, salty and sweet. The fish head with thick juice and thick taste is slowly stewed with low fire, and the sauce flavor and meat flavor are perfectly integrated. The soup tastes mellow and thick, and the fish head meat is tender, fresh but not fishy, fat but not greasy, which is worth recommending.

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Little brother and sister were burnt to death after playing fireworks in the locked house (photos)

  


  The girl’s schoolbag left at the scene was covered with a thick layer of ash.


  


  Fire scene.


  


  Grandpa was burned in the head.


  Guangzhou Daily reported on March 10th.At 7: 30 pm last night, a fire broke out in a street-facing house in Yanbu, Nanhai, Foshan. A 7-year-old girl and her younger brother under 4 years old were burned alive at home. According to preliminary understanding, before the fire broke out, grandpa went out to call and locked it in the house, and the two brothers and sisters accidentally caused a fire by playing with fire at home.


  After the fire broke out, grandpa immediately rushed home to open the rolling gate. When he saw the fire, he was nervous and did not rescue the child in time. When neighbors and fire officers and soldiers helped them fight the fire, they learned that there were two children in the house, but it was too late and the children had been burnt.


  At present, the relevant departments of Foshan Nanhai are investigating this fire.


  The scene of the incident:


  The pink schoolbag is covered with dust.


  The place where the fire broke out was the storefront downstairs of a villager’s self-built building in Hubang New Village, Yanbu, Nanhai, Foshan. The storefront was not open normally, and more than 10 square meters of cabins were divided into "duplex" for home use, with an attic as a bedroom on the top and a hall, kitchen and utility room on the bottom.


  At 9: 30 am yesterday, the periphery of the incident scene was blocked by the police. The reporter saw that the outside wall of the store was almost blackened, and the house was in a mess. The walls and ceilings were blackened, the boards used as partition walls were burnt into coke, a thick layer of ashes was accumulated on the ground, the front of a motorcycle placed at the door was burnt out, and the washing machine was burnt into waves. There is also a small pink schoolbag on the stool at the door, which is covered with white dust.


  At about 10 o’clock, the child’s grandfather came to the scene to assist in the investigation, and his forehead was burned. Subsequently, the child’s mother also rushed to the scene. After a night, their mood was slightly calm. With the help of the police, the child’s mother cleaned up the indoor items.


  At about 11 o’clock, the police took the child’s grandfather to the scene of the fire for identification. At 11: 30, after the basic investigation of the fire scene was completed, the police closed the scene again.


  Sad memories:


  The child died after the fire was put out.


  Alan (pseudonym) lives not far away. She said that at about 7: 30 pm that day, she suddenly found smoke billowing from the incident site. "After more than ten seconds, I heard an explosion, and then I saw the open flame start to jump out." Alan said that she saw her grandfather running out screaming while flapping the flames. She quickly ran to the Tiger List market to find security guards to put out the fire, and at the same time, she and her neighbors took out buckets from home to put out the fire. Two supermarket employees across the street also used fire extinguishers to put out the fire.


  While everyone was busy putting out the fire, the son of the landlord upstairs suddenly asked his grandfather if there were any children in the house. Grandpa just came to himself at this time and stammered that the two children were still inside. Ten minutes after the alarm, the firefighters rushed to the scene and quickly put out the fire.


  Auntie said that after the fire was extinguished, the children’s mothers, grandmothers and fathers also came one after another. Grandma rushed into the house to find her grandson, and she fainted at the scene. The child’s mother sat on the ground crying, while the child’s father squatted in the corner with his head in tears.


  At 11 o’clock last night, in order to avoid the family members from being too sad after seeing the burnt child, the police cut off the power supply near the scene of the incident before the fire officers and soldiers took the child’s body out.


  On the day of the incident:


  Before the fire, Miss Sister was happy to eat candy.


  Ms. Zeng, the grocery store owner who is only five storefronts away from the fire site, told the reporter that the children who were burned to death were two brothers and sisters. The 7-year-old sister was named Lili and the younger brother was only 4 years old.


  Neighbor Alan said that the two children are very good, and the chubby sister often leads her brother to play at the door. She clearly remembers that on the day of the incident, when Lili passed by her door, she accidentally dropped the candy on the ground and was so anxious that she wanted to cry. Her mother gave her another candy, and Lili ran away happily.


  Preliminary investigation:


  Grandpa went out to play fireworks indoors with his younger brother and sister.


  The reporter learned from the survey in Hubang Market that the resident in Hubang New Village is surnamed Xu, and his family is hardworking and capable. He once ran a rice shop business nearby a year ago, and then found a storefront in the market to start hardware and groceries business. At the same time, he rented No.61, and the Xu family lived in this place of more than 10 square meters. A small utility room was separated by wooden boards as a warehouse. In addition to quilts and mops, there were a small number of fireworks and firecrackers in the warehouse.


  "Lili’s parents usually do business, while grandpa and grandma take care of their grandchildren at home." Neighbors told reporters that due to the busy business of the grocery store, on the day of the incident, grandma only left grandpa at home to accompany her granddaughter and grandson and went to the market to help herself. At 7: 30 pm, grandpa pulled the shutter to lock the younger brother and sister at home and called a nearby public telephone booth. About 10 minutes later, when he came home, a fire broke out at home. "There is something wrong with his spirit", and he was immediately scared by the thick smoke.


  Yesterday morning, the police conducted an investigation on the scene of the incident. According to the preliminary investigation results, it may be that the younger brother and sister played with fireworks indoors and accidentally ignited other flammable materials, causing a fire. "They should have set those goods on fire while playing inside," Lili’s grandfather said yesterday.

Editor: Sun Jie

In 2023, China sold 579.696 billion yuan of lottery tickets, a year-on-year increase of 36.5%.

  Zhongxin Jingwei, January 29 th On the 29 th, the website of the Ministry of Finance disclosed the national lottery sales in December 2023.

  In December, the national lottery sales totaled 53.284 billion yuan, a year-on-year decrease of 8.565 billion yuan or 13.8%. Among them, the sales of welfare lottery institutions was 17.476 billion yuan, an increase of 5.646 billion yuan, an increase of 47.7%; The sales of sports lottery institutions reached 35.808 billion yuan, a year-on-year decrease of 14.211 billion yuan or 28.4%. Mainly due to the high base of the pulling factors of the football World Cup in the same period last year.

  From January to December, the national lottery sales totaled 579.696 billion yuan, an increase of 155.044 billion yuan or 36.5%.Among them, the sales of welfare lottery institutions was 194.441 billion yuan, an increase of 46.311 billion yuan, an increase of 31.3%; The sales of sports lottery institutions reached 385.255 billion yuan, an increase of 108.733 billion yuan or 39.3%.

  In terms of types, in December, the sales of lottery digital lottery tickets reached 16.952 billion yuan, a year-on-year increase of 29.3%; The sales of quiz lottery tickets was 22.431 billion yuan, down 47.8% year-on-year; The sales of instant lottery tickets reached 10.224 billion yuan, a year-on-year increase of 214.4%; Keno lottery sales reached 3.676 billion yuan, a year-on-year increase of 47.3%. In December, the sales volume of digital lottery, quiz, instant lottery and Keno lottery respectively accounted for 31.8%, 42.1%, 19.2% and 6.9% of the total lottery sales, and the sales volume of video lottery was 140,000 yuan, an increase of 120,000 yuan year-on-year.

  From January to December, the sales of lottery digital lottery tickets reached 176.803 billion yuan, an increase of 21.385 billion yuan or 13.8%. The sales of quiz lottery tickets was 246.476 billion yuan, an increase of 65.550 billion yuan or 36.2% year-on-year; The sales of instant lottery tickets reached 119.021 billion yuan, an increase of 59.574 billion yuan or 100.2%. The sales of Keno lottery tickets reached 37.394 billion yuan, up 8.534 billion yuan or 29.6% year-on-year. From January to December, the sales volume of digital lottery, quiz, instant lottery and Keno lottery respectively accounted for 30.5%, 42.5%, 20.5% and 6.5% of the total lottery sales. Video lottery sales reached 1.53 million yuan, up 930,000 yuan year-on-year.

  By region, in December, compared with the same period of last year, the lottery sales in various provinces in China were mixed, with Hunan, Guangdong, Chongqing and Xinjiang increasing by 231 million yuan, 191 million yuan, 163 million yuan and 138 million yuan respectively. Jiangsu, Zhejiang, Shandong, and Sichuan saw a large decline, with a year-on-year decrease of 1.722 billion yuan, 1.106 billion yuan, 735 million yuan, and 659 million yuan respectively.

  From January to December, compared with the same period of last year, lottery sales in all provinces in China increased, with Guangdong, Jiangsu, Zhejiang and Shandong increasing by 16.321 billion yuan, 12.946 billion yuan, 12.442 billion yuan and 10.832 billion yuan respectively. (Zhongxin Jingwei APP)

Beginning of winter is coming, Suzhou people eat mutton quickly!

  This Saturday, we will welcome the beginning of winter solar term. In recent days, when the wind blows, Suzhou really feels like winter overnight. The cold weather in the north is inseparable from heating, and Suzhou naturally needs a pot of steaming mutton to cool down.

  Friends in many places are "biased" against Suzhou people eating sheep. After all, on the style of eating mutton, the roast whole sheep and boiled whole sheep in clear water in northwest China are obviously more deeply rooted in people’s hearts, and the mutton paomo in Shaanxi is a landmark existence. How can the soft and weak tonality of Suzhou Jasper be compared with the bravery of the strong man in the northwest? We are a delicate and graceful school, and it is our strength to cook mutton properly, fresh and not mutton.

  Dongshanhu sheep

  Last year, Xiaobian took everyone around Suzhou to find all kinds of delicious mutton practices in Suzhou. Don’t underestimate the ability of Suzhou people to eat sheep. There are many different styles and methods just to stew the sheep. This year, Suzhou’s sheep-seeking plan will continue. I wonder what other delicious mutton can be found?

  Dongshan baiwei mutton

  This is the "first sheep" found last year — — Stewed mutton in Dongshan white. Dongshanhu sheep, a local sheep species, is used here, adhering to the ancient method, with the old stove firewood and stone pressure. The cooking time of a pot of sheep is as long as dozens of hours, and the stewed mutton smells fragrant. The key point is that there is no fishy smell. Even the small partners who are afraid of the smell of mutton can even eat several pieces.

  Lotus leaf bag wrapped in meat

  The local meat is still wrapped in fresh lotus leaves according to the ancient method, so that you can taste a faint lotus leaf fragrance when you eat meat.

  White stew is one flavor, and braising in soy sauce is another. Compared with Dongshan, the original school of white soup, the braised mutton in Wujiang pays attention to a thick oil red sauce and chili pepper. This completely different cooking method creates a lingering and overbearing mutton flavor.

  Taoyuan braised mutton

  In Wujiang, braised mutton is the first dish to entertain guests, and the braised mutton in Taoyuan is the crowning touch of Sioux City’s food circle. Even the braised mutton skills here are the intangible cultural heritage of Wujiang District.

  It is said that the skill of non-legacy level, this skill of cooking mutton is really extremely complicated. Relying on decades of experience, the old master knows how to skillfully control the temperature of mutton in the cauldron, and when to skim the foam and cook it is a technique. Finally, after 2~3 hours of cooking, different parts are cooked at different times one by one to ensure that each piece of meat has the best taste.

  Cut the cooked mutton with scissors and put it into a big bowl, sprinkle with Chili noodles, then scoop in a spoonful of soup, and finally sprinkle with an ecstasy of garlic leaves and millet spicy. In this way, a braised mutton can be served directly on the table and become the protagonist of dinner.

  Xiao bian grew up eating Shuangfeng mutton. At that time, on the winter weekend, what he most hoped for was a bowl of Shuangfeng braised mutton noodles. Shuangfeng area has now become a mutton landmark in Taicang.

  Goat meat

  Shuangfeng mutton is different from Wujiang and other places, and goat mutton is selected, with castrated ram and newly grown female sheep as the best choice. Before Shuangfeng cooks sheep, it needs to go through strict cleaning steps, and manually scrape off the residual fluff on the epidermis one by one. Because Taicang mutton is eaten with skin, this step is very important.

  Eating mutton in Shuangfeng cannot escape two things: noodles and mutton soup. Shuangfeng mutton must be served with small wide noodles, which are tough and can’t be cooked for a long time. With rich mutton red soup, put a piece of mutton with skin and sprinkle a handful of garlic leaves to serve. The mutton is crisp and rotten, the sheepskin is soft and sticky, and it is delicious and delicious.

  Shuangfeng mutton noodles, mutton with skin

  When locals go to Shuangfeng’s mutton restaurant, they will definitely ask for a bowl of "Yangguang Soup" when they sit down. This soup is actually made of mutton soup and sheep blood, and pepper is added to the soup when drinking. Be sure to drink a big bowl while it’s hot, or you’ll get a layer of goat oil on your cold face, and you’ll get a discount.

  Around Suzhou, you can taste the delicious mutton with different styles in Suzhou, each of which is full of personality and extremely delicious. This winter, Xiaobian will continue to search for delicious mutton dishes in Suzhou, and strive to mark this map of Suzhou mutton in more detail!

Knowledge of real estate finance goes into the "Looking at Houses on the Cloud" Expo

(event site. Photo courtesy of correspondent)
Hunan Daily, January 26th (correspondent Xie Zhenzhen, all-media reporter Huang Lifei) In order to help consumers better understand the knowledge of real estate finance, Changsha Branch of Shanghai Pudong Development Bank recently launched a publicity campaign on the knowledge of real estate finance at the "Looking at Houses on the Cloud" Expo in Xiangjiang New District, Hunan Province.
At the event site, Changsha Branch of Shanghai Pudong Development Bank set up a financial knowledge publicity booth and distributed well-designed brochures covering all aspects of real estate finance. The staff focused on popularizing the knowledge of financial services for new citizens, and answered their questions related to real estate finance, such as entrepreneurial knowledge, loan policy, deposit insurance, etc. through interactive Q&A, helping them to establish a rational investment concept and enhance their awareness of preventing telecommunication network fraud.
This financial knowledge popularization activity has enabled citizens to have a more systematic understanding of the basic knowledge of real estate finance, as well as a more comprehensive and in-depth understanding of bank loan policies and deposit insurance. Changsha Branch of Shanghai Pudong Development Bank will continue to organize activities to popularize financial knowledge, help improve the financial literacy of the public and fully protect the legitimate rights and interests of financial consumers.
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Securities and futures commission starts! Real estate has been the focus of great benefits.

  As one of the important channels of real estate financing, private equity funds have started to invest in real estate, and the scope of investment in real estate is wider than in the past.

  On February 20th, the CSRC issued a notice saying that in order to further give play to the advantages of diversified asset allocation and professional investment operation of private equity funds, meet the reasonable financing needs in the real estate sector, and promote the real estate market to revitalize the stock, the CSRC launched the pilot work of private equity investment funds in real estate.

  According to the requirements, the investment scope of real estate private equity investment fund includes specific residential buildings (including stock commercial housing, affordable housing, market-oriented rental housing), business premises, infrastructure projects and so on.

  The CSRC also indicated that foreign investors are encouraged to invest in real estate private equity investment funds in the form of QFLP (Qualified Foreign Limited Partner).

  Later that day, under the guidance of the CSRC, asset management association of china drafted the Guidelines for the Pilot Filing of Real Estate Private Investment Funds (Trial) and officially released it, which further clarified the scope of real estate investment and the pilot requirements for managers.

  Zhang Ping, executive director of IFFRE (International Financial Real Estate Alliance) and chairman of BOMA China Research Committee, said that in recent three years, due to the epidemic, economic challenges and market fluctuations, many housing enterprises have been thundered due to the break of capital chain, and financial institutions have been forced to hold assets in debt-for-equity swaps, but they lack the ability to actively manage them, so there have been many special opportunities and countercyclical structural opportunities to buy distressed assets at a discount.

  "Last year, the investment in the national block trading market was about 220 billion yuan. It is expected that the activity of real estate investment transactions and the investment in block trading will increase significantly this year, and the real estate investment market will be very active." Zhang Ping said.

  "Using private equity funds to revitalize operating real estate will be an important direction of the new development model of real estate. Investors can also allocate real estate through real estate funds. " A private equity fund said that the development opportunity of real estate private equity investment funds has come.

  ━━━━

  Private equity fund investment in real estate pilot started

  By the end of 2022, there were 838 private equity real estate funds in asset management association of china, with a scale of 404.3 billion yuan; There are 1424 private equity infrastructure funds with a scale of 1.21 trillion yuan, which are mainly invested in commercial real estate, transportation infrastructure, logistics and warehousing, and municipal engineering development and construction.

  These products have played an active role in supporting the stable and healthy development of the real estate market, promoting the real estate market to revitalize the stock and transform the development.

  However, because the investment scope, investment mode and asset return characteristics of real estate private equity investment funds are quite different from those of traditional equity investment, the CSRC instructed the fund industry association to set up a new category of "real estate private equity investment funds" under the framework of private equity investment funds and adopt differentiated supervision policies.

  The CSRC has made it clear that the pilot work is based on the principle of pilot first and steady progress. Private equity investment fund managers who meet certain conditions can raise and set up real estate private equity investment funds in accordance with the pilot requirements to conduct real estate investment pilots.

  According to the requirements, the managers of private equity investment funds participating in the pilot work must have stable ownership structure, sound corporate governance and paid-in capital meeting the requirements. The main investors and actual controllers must not be real estate development enterprises and their related parties, have real estate investment management experience and real estate investment professionals, and have not committed any major violations of laws and regulations in the last three years.

  The CSRC believes that, considering the characteristics of large-scale and long-term real estate private equity investment funds, investors need to have higher risk identification ability and risk-taking ability, and the first round paid-in investment of investors in pilot fund products is not less than 10 million yuan, mainly institutional investors.

  For real estate private investment funds holding more than 75% of the equity of the invested enterprise, a small number of ultra-high net worth natural person investors can be introduced in a limited proportion to prevent stakeholder risks. The total contribution of natural person investors shall not exceed 20% of the paid-in amount of the fund.

  The scale of the first round paid-in raised funds of real estate private equity investment funds shall not be less than 30 million yuan, and it can be raised on the premise of meeting certain requirements; At the same time, foreign investors are encouraged to invest in real estate private investment funds by QFLP.

  In order to strengthen the risk prevention and control in the field of real estate investment, the policy also makes it clear that private real estate investment funds should be under compulsory custody, and managers are strictly prohibited from using the fund property to invest in enterprises or projects controlled by their actual controllers.

  According to the CSRC, private equity fund managers who meet the requirements of the pilot can submit relevant materials to the China Foundation before carrying out business activities such as fund raising and management, carry out pilot projects of real estate private equity investment funds, and file products in accordance with regulations. Private equity investment fund managers who do not participate in the pilot can continue to carry out equity investment business such as affordable housing, commercial real estate and infrastructure in accordance with the relevant self-discipline rules of the Association.

  Bai Wenxi, chief economist of IPG China, said that while actively promoting the expansion of the real estate private equity fund pilot to specific commercial housing, promoting real estate financing and promoting the recovery of the real estate industry and the recovery of the market, prudent measures have been taken to steadily promote the real estate private equity fund pilot, such as improving investor access standards, strict supervision, and strengthening industry guidance. This shows that the CSRC has taken a prudent attitude of actively promoting and being cautious and supervising at intervals.

  ━━━━

  Revitalize the existing assets of housing enterprises and guarantee the delivery of buildings.

  In the past, private equity funds can also invest in the residential market, and once served as an important source of investment and financing for housing enterprises. However, after asset management association of china issued the Record Management Standard No.4 in 2017, the investment of private equity funds in the residential market has been basically restricted.

  Last November, at the annual meeting of Financial Street Forum, Yi Huiman, Chairman of China Securities Regulatory Commission expressed the policy attitude that the capital market supports the stable and healthy development of the real estate market.

  At that time, when answering a reporter’s question, the spokesman of the CSRC said that it would actively play the role of private equity investment fund in supporting equity financing of real estate enterprises. Piloting private real estate investment funds, allowing qualified private equity fund managers to set up private real estate investment funds, introducing institutional funds, investing in existing residential real estate, commercial real estate and infrastructure, and promoting real estate enterprises to revitalize operating real estate and explore new development models.

  Report to the 20th CPC National Congress of the Party also made it clear: "Accelerate the establishment of a housing system with multi-agent supply, multi-channel guarantee and simultaneous rent and purchase."

  Now, real estate private equity investment funds came into being. In addition to investing in infrastructure, we can also invest in existing commercial housing, affordable housing, market-oriented rental housing, commercial operation housing and so on.

  A real estate securities person said that allowing qualified private equity institutions to set up real estate private equity investment funds, on the one hand, is to solve the problem of the source of funds for "Baojiaolou" and incite social funds to participate through some high-credit funds; On the other hand, it can also introduce new funds for the current residential and commercial real estate, revitalize the stock of operating real estate of housing enterprises, and ease the financial pressure of housing enterprises.

  For private equity institutions and domestic and foreign institutional investors, it may mean that the real estate "bargain-hunting" opportunity is coming.

  From the international experience, some large and successful private equity institutions often have a considerable proportion of real estate investment projects, which is an important source of their profits. The data shows that Blackstone’s real estate fund business has raised about 25% of Blackstone’s total fundraising since 2016, and the distributable profit accounts for nearly half of Blackstone’s total, which is the "ballast stone" for Blackstone’s scale and profit growth.

  Zhang Ping said that the investment strategy of real estate private equity funds mostly depends on the investment preferences of institutional cornerstone financial investors (LP), and their investment preferences are comprehensively determined by the source, nature, term, balance of income and risk.

  For example, she said that insurance funds are often the main cornerstones of private real estate funds because of their large amount of funds, capital investment and allocation needs. However, insurance funds cannot be invested in the field of stock commercial housing. It is expected that pre-REITs (public offering REITs front-end link) real estate private investment funds with affordable housing, market-oriented rental housing and infrastructure projects as the underlying assets and stable cash flow will be favored by insurance funds first.

  The CSRC also made it clear that "overseas investors are encouraged to invest in real estate private investment funds by QFLP". In Zhang Ping’s view, this indicates the scope and channels of investment targets of overseas institutional investors, which helps to enhance the confidence of overseas LPs.

This article is from: China Real Estate News.

Author: Xu Qian

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China Automobile Association: In 2023, the operating income of automobile manufacturing industry was 10,097.58 billion yuan, up by 11.9% year-on-year.

According to the data of the National Bureau of Statistics compiled by China Automobile Industry Association, in 2023, the operating income of the automobile manufacturing industry reached 10,097.58 billion yuan, up 11.9% year-on-year, accounting for 7.6% of the total operating income of industrial enterprises above designated size.

Shenma Power: The Second Restricted Stock Incentive Plan

The chairman and general manager of Shenma Power are all Ma Bin, male, 53 years old, with a junior high school education background.

As of press time, the market value of Shenma Power is 8.3 billion yuan.

1. Shenma Power’s shareholding in northbound capital increased by 339,200 shares in the past 30 days, accounting for 0.08% of the outstanding shares;
2. In the past 30 days, no organization has conducted research on Shenma Power.

(Reporter Cai Ding)

Shoulder the heavy responsibility of new energy transformation? Beiqi Foton and the three parties jointly set up Calvin Automobile, laying out hydrogen energy and pure electric tracks.

Commercial vehicle market welcomes new players.

A few days ago, Kavan Automobile, a brand of new energy commercial vehicles, was officially released. The brand was jointly established by Foton Motor, Yihuatong, Bosch Venture Capital under Bosch and Boyuan Capital. According to Qin Zhidong, general manager of Calvin Automobile, Calvin Automobile will lay out technical routes such as pure electric and hydrogen fuel cells, which will be launched in domestic and overseas markets in the next three years.VAN(van), light truck, heavy truck and other series models.

Image source: Photo courtesy of the enterprise

Although it is presented in a brand-new image, Calvin Automobile is actually a holding subsidiary of Foton Motor. Enterprise survey data shows that the registered capital of Beijing Kawen New Energy Automobile Co., Ltd. isfiveOne hundred million yuan, of which Beiqi Foton Motor Co., Ltd. holds it.65%Shares of Bosch Venture Capital, Boyuan Capital and Yihuatong respectively hold the company.10%Shares in. In addition, the legal person of Beijing Kawen New Energy Automobile Co., Ltd. is Chang Rui, Party Secretary and Chairman of Foton Motor.

Image source: enterprise check screenshot

Fukuda owns1200A number of new energy-related patents, the industry’s top commercial vehicle design, manufacturing and production capabilities, and20Years of experience in research and development of new energy products and industrial operation will empower Calvin Automobile in different ways. Qin Zhidong said.

In fact, new energy commercial vehicles are the key layout areas of Foton Motor in recent years. Last year, Foton Motor released a new energy strategy.2.0, establish Futian new energy30·50Business strategy, namely2030The annual proportion of new energy vehicles exceeds50%,2050Realize carbon neutrality in the whole value chain in. At Foton Motor2024At the global partner conference, Chang Rui said,2024In, Foton Motor will focus on.VANAnd micro-cards, actively develop the new energy market and increase the total sales.70The target of 10,000 vehicles launched an impact.

Or it is based on the overall strategic layout of Foton Motor that Calvin Motor came into being, and from the perspective of shareholder composition, hydrogen fuel cell models will become its main direction in the future. On the one hand, Foton Motor has mastered the technology of hydrogen energy commercial vehicles and has240kWFuel cell heavy truck,forty-nineTons of liquid hydrogen heavy trucks, long-distance trunk logistics transportation hydrogen energy heavy trucks, and4.5Tons of hydrogen fuel light truck, Ou ManESTHydrogen fuel heavy truck,18Tons of hydrogen energy washing and sweeping cars and hydrogen fuel intercity buses and other products, covering passenger cars, logistics, cold chain, sanitation, dump trucks, traction and other series of vehicles. At the same time, Yihuatong is a domestic head fuel cell system manufacturer, which2023The annual installed capacity is about158995.6kW, the market share is about23%.

On the other hand, under the background of the overall recovery of domestic commercial vehicle market, the characteristics of new energy are remarkable. According to the data of China Automobile Association,2023In, domestic commercial vehicle production and sales were completed respectively.403.7Ten thousand vehicles and403.110,000 vehicles, up respectively from the same period of last year.26.8%and22.1%. Among them, the proportion of new energy commercial vehicle production and sales in the overall production and sales of commercial vehicles is respectively11.5%and11.1%. China electric vehicle committee of 100 predicted that,2024Sales of new energy commercial vehicles will break through in.60Ten thousand vehicles, the penetration rate of.15%, to achieve a double increase in volume rate.

However, it should be noted that it was released by many commercial vehicle companies.2024In the strategic plan of 2008, new energy and globalization are the main points of strength, which means that Calvin Automobile will face greater competitive challenges. According to the incomplete statistics of national business daily, up to now, many commercial vehicle companies such as Dongfeng Company, China Heavy Duty Truck and faw liberation have mentioned that,2024New energy transformation will be accelerated in 2008.

In addition, the reporter also learned from many insiders that there are still difficulties in the large-scale popularization and application of hydrogen fuel cell vehicles. From the perspective of commercialization of the hydrogen fuel cell industry chain, a larger-scale transportation application is needed in the future, and the cost of hydrogen fuel cells can be further reduced.

For example, a related person from Yihuatong said in an interview that the large-scale application of hydrogen fuel cells is still facing the problems of economy and convenience. Among them, the convenience is similar to that of pure electric auto start, and the number and layout of hydrogen refueling stations, that is, the convenience of energy replenishment, will affect consumers’ enthusiasm for using fuel cell vehicles. However, in contrast, the fuel cell recharge time is shorter, and the construction of subsequent hydrogen refueling stations keeps up, which is easy to break through.

"In the future, the application prospects of hydrogen fuel cells in commercial vehicles such as heavy trucks and buses are good, and it will take time to popularize them in other fields." Zhongguancun hydrogen energy industry alliance said.

national business daily

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Shanghai’s new round of real estate regulation and control policy was introduced to define the second suite "recognizing the house and recognizing the loan"

  CCTV News:Today (November 28th), a new round of real estate control policy was introduced in Shanghai. For households who already own a house in Shanghai or have no housing in Shanghai but have housing loan records (including commercial or provident fund housing loan records), the down payment ratio is not less than 50%.

  The Shanghai Municipal Commission of Housing and Urban-Rural Development, the Shanghai Branch of the People’s Bank of China and the Shanghai Banking Regulatory Bureau jointly issued the Notice on Promoting the Stable, Healthy and Orderly Development of the Real Estate Market in this Municipality and Further Improving the Differentiated Housing Credit Policy. The Notice stipulates that,As agreed by the self-discipline mechanism of Shanghai market interest rate pricing, the following requirements are made for differentiated housing credit policies:

  Since November 29, 2016, if a household purchases the first set of housing (that is, if there is no housing in this city under the name of the household and there is no commercial housing loan record or provident fund housing loan record) and applies for a commercial personal housing loan, the down payment ratio shall not be less than 35%.

  In this city has a set of housing, or in this city has no housing but housing loan records (including commercial or provident fund housing loan records) of households to apply for commercial personal housing loans, the purchase of ordinary self-housing, the down payment ratio is not less than 50%; For those who purchase non-ordinary self-occupied houses, the down payment ratio shall not be less than 70%.

  The "Notice" requires that all housing management departments should strengthen the review of housing transactions and conscientiously do a good job in housing credit housing information inquiry. Commercial banks should continue to strengthen the audit of the source of down payment funds and the authenticity of income certificates, and carefully grasp the specific implementation level according to the borrower’s family credit status and solvency. For those who have the characteristics of investment and speculative housing purchase, the down payment ratio and interest rate should be strictly determined. People’s Bank of China Shanghai Branch and Shanghai Banking Regulatory Bureau will strengthen supervision and inspection. In addition, the Shanghai Banking Regulatory Bureau, together with the land regulatory authorities, has thoroughly verified the sources of funds for some land auctions, and is taking administrative punishment measures against banking financial institutions that have verified that funds have entered the land trading market in violation of regulations. Follow-up will also actively cooperate with relevant departments to continuously carry out the verification of the source of land transaction funds.

  On the same day, the Shanghai Housing Provident Fund Management Committee issued the Notice on Adjusting the Personal Loan Policy of the Housing Provident Fund in this Municipality:

  First, strictly implement the differentiated credit policy of provident fund. On the premise of distinguishing between the first and second home purchases, the down payment ratio for the second improved home purchase will be raised to 50% for ordinary commercial housing and 70% for non-ordinary commercial housing, the loan interest rate for the second ordinary commercial housing will be raised by 10%, and the maximum personal loan for the second ordinary commercial housing will be lowered by 100,000 yuan, and loans will be stopped from being issued to employees’ families with two provident fund loans.

  The second is to reflect the fairness, sustainability and risk control of the provident fund system. The multiple of the loan amount determined by the borrower with the balance of the provident fund deposit account decreased from 40 times to 30 times; Strictly implement the calculation ratio of the repayment ability of the Ministry of Housing and Urban-Rural Development to reduce the monthly repayment amount to no more than 40% of the salary base, and the caliber of the second set of improved housing identification standards.

  In addition, the city will increase the supply of commercial housing land to ensure that the supply of commercial housing land will increase year-on-year in 2016. Further strengthen the management of pre-sale behavior of commercial housing, strengthen the supervision of real estate enterprises and employees, continue to carry out special rectification of the real estate market order, and resolutely crack down on property hoarding, speculation of housing prices, false advertisements, deception of consumer transactions and various price violations by real estate development enterprises and brokerage enterprises; We will intensify efforts to investigate and deal with acts such as compiling rumors, spreading false information and disrupting market order, and deal with them severely according to the law and regulations. Cultivate and develop the housing rental market, encourage social professional institutions to continuously expand the scale of agency leasing business, effectively implement the registration and filing system of residential housing lease contracts, standardize housing leasing behavior, stabilize housing leasing relations, and protect the legitimate rights and interests of leasing parties.

  The city will continue to adhere to the housing market system of "residence-oriented, citizens-oriented and ordinary commodity housing-oriented", constantly improve the "four-in-one" housing security system, continue to strictly implement the provisions of "Shanghai Nine Articles" and "Shanghai Six Articles" in accordance with the requirements of the state on housing purchase restriction and loan restriction, strengthen the responsibility of market regulation, strengthen supervision and inspection, implement the assessment system, ensure the implementation of various regulatory policies, and promote the stability of the city’s real estate market.

  Policy question and answer

  1. How do commercial banks identify the first home loan?

  A: If a resident’s family has no housing in Shanghai, and the credit information system of the People’s Bank of China shows that there is no record of commercial housing loans or provident fund housing loans in all parts of the country, it will be implemented according to the first home loan policy, and the down payment ratio will not be less than 35%.

  Second, how do commercial banks identify second-home loans?

  Answer: If a resident’s family has no housing in Shanghai, but there are commercial housing loan records or provident fund housing loan records in all parts of the country through the credit information system of the People’s Bank of China, or if it is found in the Shanghai real estate transaction system that he already owns a house (whether he has a housing loan record or not, whether his housing loan is settled or not), the second home loan policy will be implemented, that is, if he buys an ordinary self-occupied house, the down payment ratio will be no less than 50%; For those who purchase non-ordinary self-occupied houses, the down payment ratio shall not be less than 70%.

  3. When will this policy adjustment be implemented?

  A: In order to minimize the impact of policy adjustment on newly applied families, this policy adjustment is based on the online signing time of the house purchase contract. If the online signing time is after November 29th (inclusive), the new policy will be implemented; if the online signing time is before November 28th (inclusive), the original policy will remain unchanged.

  Four, how to purchase housing information query for housing credit?

  Answer: After signing the house purchase contract, the borrower and his family members should apply to the Municipal Housing Information Center to check the housing situation under the family name with the house purchase contract, the Borrower’s Family Housing Inquiry Application Form reviewed by the loan bank, the identity documents of the borrower and his family members, household registration book, marriage certificate and other materials, and the Municipal Housing Information Center will issue the inquiry results within 5 working days after accepting it, which will serve as the basis for the loan bank to examine the loan.

  In order to facilitate the inquiry procedures, most commercial banks in Shanghai provide agency services for housing information inquiry. With the authorization of the parties, the loan bank can handle the inquiry with the relevant materials to the Municipal Housing Information Center.

  V. The "Notice" proposes to strictly verify the information about the housing situation of the households who purchase houses. What are the specific contents?

  A: Shanghai Housing Information Center will strictly verify the information about the borrower’s family housing situation with all lending banks. First, check the information about the housing situation declared by the borrower under the names of his family members; The second is to check the marital status and other information declared by the borrower through networking with civil affairs departments; The third is to compare the consistency of the borrower’s declaration of relevant information in property tax, housing purchase restriction and differentiated housing credit application.

  6. What is the basis for this adjustment of provident fund loan policy?

  A: According to the differential credit policy of Shanghai housing provident fund, in the past, it was mainly to review the housing situation under the name of the family applying for loans. Even if the paid-in employees have used provident fund loans, they can still apply again after paying off. This adjustment is to simultaneously review the housing situation under the family name and the provident fund loan record. For the families of paid employees who have purchased the first set of housing and have never used the provident fund, the differentiated credit policy of the provident fund will not be adjusted; For the paid workers’ families who have used the provident fund loan once, even if there is no house under their name, they can only enjoy the second set of improved housing loan policy; The third provident fund loan will not be issued to the paid employee families who have used the provident fund loan twice. This is conducive to the differentiation and fairness of provident fund loans, but also reflects the object of provident fund support.

  Adjusting the loan policy of the second set of improved housing is a corresponding adjustment according to the requirements of this real estate regulation and control. In 2010, the Ministry of Housing and Urban-Rural Development and other four ministries and commissions required that the down payment ratio of the provident fund for the second set of improved housing should not be less than 50%, and the loan interest rate should not be less than 1.1 times of the loan interest rate for the first set of housing provident fund in the same period. In November 2014, in order to support housing consumption, according to the documents of the People’s Bank of China and the China Banking Regulatory Commission, Shanghai implemented the provident fund loan policy for purchasing the second set of improved ordinary housing with reference to the first set of housing policies. However, under the current background of real estate regulation and control, the down payment ratio, provident fund loan interest rate and maximum loan limit are adjusted accordingly to better reflect the differentiated management with the first set of first-time home buyers.

  The adjustment of the monthly income base ratio of the borrower’s ability to calculate repayment is based on the spirit of "the upper limit of the ratio of monthly repayment amount to monthly income is controlled at 50%-60% on the premise of ensuring the borrower’s basic living expenses" in the Notice on Effectively Improving the Use Efficiency of Housing Provident Fund (Jian Jin [2015] No.150). At present, the repayment ability of provident fund borrowers in Shanghai is calculated as the monthly repayment principal does not exceed 50% of wage income. If interest is added, the monthly repayment amount accounts for about 70% of wage income, which exceeds the upper limit control standard of 50%-60%. This adjustment from 50% to 40% can truly reflect the borrower’s solvency, and the monthly principal and interest payments are controlled within the scope stipulated by the policy to reduce the risk of default of provident fund loans.

  The strict identification of purchasing the second improved housing is further clarified according to the spirit of "The second housing provident fund personal housing loan is only granted to the paid workers’ families (including borrowers, spouses and minor children) whose existing per capita housing construction area is lower than the local average level, and the loan purpose is only limited to the purchase of ordinary self-occupied housing with improved living conditions" in the Notice on Relevant Issues Concerning Regulating the Housing Provident Fund Personal Housing Loan Policy (Jian Jin [2010] No.179).

  To calculate the deposit balance multiple of provident fund loan amount, the loan risk leverage and the principles of mutual assistance, fairness, sharing and sustainability of housing provident fund are usually considered comprehensively. Other cities in the country are not higher than 25 times, generally between 10 and 20 times. Shanghai has taken into account factors such as policy continuity and gradual progress, and this time it is appropriately lowered from 40 times to 30 times (the supplementary provident fund is lowered from 20 times to 10 times).

  7. What is the self-discipline mechanism of Shanghai market interest rate pricing?

  A: The self-discipline mechanism of Shanghai market interest rate pricing is a self-discipline coordination mechanism of Shanghai banking financial institutions under the supervision and guidance of the Shanghai Headquarters of the People’s Bank of China, which plays an important role in Shanghai real estate financial regulation and control. First, according to the requirements of Shanghai real estate regulation and control, under the guidance of the Shanghai Headquarters of the People’s Bank of China, according to the principle of "making policies according to the city", the differentiated housing credit policy adjustment plan is determined through consultation. Second, it has played a key role in unifying the specific implementation standards of differentiated housing credit policies, standardizing the cooperation between commercial banks and real estate intermediaries, preventing off-site fund-raising and leverage in the real estate market such as "down payment", and maintaining the order of the housing financial market, effectively urging commercial banks to fully implement Shanghai’s real estate financial regulation and control policies. (CCTV reporter Sheng Yuyu)