Dialogue "Wandering Earth 2" Specialized Group Exposes Andy Lau’s "Injury" Process


Special feature of 1905 film network After many key extensions, the final box office dust of the 2023 Spring Festival movie was settled.


On May 15th, it closed, with a total box office of 4.029 billion yuan and a total audience of 79.323 million, ranking 10th in the box office list of China film history. At present, the total box office of the two works in the series is as high as 8.716 billion yuan.


In Wandering Earth 2, the roles played by Liu Peiqiang and Tu Hengyu span several decades, and their appearance features have changed obviously. Special makeup has become an important means to help actors improve the realism of their performances. It can make actors age 80 years in one hour. At the end of the film, rapid aging is achieved through special effects makeup.



Here, China Film Report interviewed Four Seasons, the artistic director, Li Zhenni, the supervisor and Zhang Yang, the specialist group of Mona Studio, who is in charge of special effects makeup for Li Xuejian, Andy Lau and Wang Zhi in Wandering Earth 2. Let them take the audience closer to the special effects makeup, a subdivision of the film and television industry.


Another Face of Li Xuejian and Andy Lau


"From the director to the creative team and various departments, it is a perfect detail control. Although the film is only a shot in a few seconds, the director and the teachers of special effects makeup don’t even let go of the hair on their bald heads … …”


On the first working day after the Spring Festival in 2023, Wang Zhi, the actor who plays Han Duoduo in Wandering Earth 2, shared his shooting experience on social platforms. In the film, Han Duoduo’s hair lost due to anti-cancer chemotherapy, not only should he have a bald head shape, but also the makeup of his head, face, hands, legs and feet should have spots and a sense of serious illness.



Among these special effects makeup, Mona Studio is mainly responsible for Wang Zhi’s bald head modeling. Previously, they participated in the bald special effects makeup and so on, and accumulated some experience.


This time, the bald head shape is also made of all-silicone bald head cover, because this material is suitable for one root and one root, which enhances the visual realism. In real life, the bald head caused by chemotherapy will leave some soft and tiny broken hair on the skin surface, unlike the neat one when haircut. Director Frant Gwo didn’t recognize Wang Zhi for the first time after the first bald special effects makeup modeling.



Zhou Zhezhi, the role played by Li Xuejian, is an important figure leading the development of the whole film. In order to present the old feeling of the characters, the special effects makeup artists have not paid less attention to it.


"One of the things we are responsible for is part of the makeup of the head, and part of it is the more aging special effects makeup on the hands of Teacher Li Xuejian." According to the introduction of the four seasons, Li Xuejian’s special makeup in Wandering Earth 2 mainly focuses on the head and hands. In order to highlight the sense of aging of the characters in the film, the technologist made a silicone fake leather for Li Xuejian’s hand. This way is also the most laborious and the most realistic visual effect among all the aging methods. Especially when the actor plays a role older than the actual age, the special effect makeup based on silicone fake skin is the most realistic.



After sticking the fake skin on the actor’s arm with glue, the special effect makeup artist also needs to use the form of half-body painting to highlight wrinkles, blood vessels, age spots and other details that can obviously reflect the age. Among them, the method of highlighting blood vessels is the same as the treatment of facial aging makeup, and it is done by strengthening the shadow part. In real life, Li Xuejian is very thin, and her blood vessels are more prominent after special makeup.



Andy Lau plays the role of special effects makeup, which is more complicated. When the official shooting started, the two sides had communicated three or four months in advance.


In Wandering Earth 2, Andy Lau’s role was scarred by a car accident. The audience needs to perceive the passage of time from the changes in the color depth and shape of eye scars. Compared with legs, back and other large parts of the human body, it is more difficult to make up the special effects of tiny scars on the eyes.


"In fact, we used a backward method at that time. According to the makeup effect of the scar, then push back the degree when he was injured. " Four Seasons said that the tragic degree of Andy Lau’s character’s car accident in the film was inferred according to the results of eye special effects after injury. In order to achieve the best effect, the special effects team conducted repeated experiments and used body double to test the visual effect. After the director is satisfied, let Andy Lau try on makeup.



Because Andy Lau also has underwater scenes in the film, the scar material selection is also waterproof. In addition, in the real world, the color of scars will become lighter with the passage of time. In these details, the special effects makeup artist must do his homework in advance and reflect it.


According to Li Zhenni’s introduction, in Wandering Earth 2, the average time for special effect makeup of Andy Lau’s eye scar is about 40 minutes, and the time for makeup removal is around 20 minutes. Because the eye skin is sensitive, the shorter the makeup removal time, the less influence it has on the actors. In practical work, the key to removing makeup is to protect the actor’s real skin, which has little to do with the time.



Whole process of special effect makeup


The history of China’s film and television special effects makeup appeared as early as the booming period of Hong Kong films. The 86th edition of The Journey to the West is the first masterpiece of large-scale use of special effects makeup in the Mainland.


Up to now, domestic films with high industrial level, such as Wandering Earth 2, have applied special effects makeup technology to perfection. What do you need to pay special attention to when applying special effects makeup?



Actors should try to keep their skin clean and dry when making special makeup on their hands or face. Hand decorations such as nail art also need to be removed.


When applying skin-sticking special makeup to the face, it is necessary to carry out anti-allergic tests in advance in sensitive skin areas such as ears and neck. In the choice of facial fake skin material, platinum silicone is generally used, which is softer in texture and richer in details. When an actor makes an expression, it is more real and natural.



When making fake skin, the makeup artist should first make a 1: 1 plaster model of the parts that the actors need to specialize. Only in this way can we know the real structural proportion of the actor’s makeup parts and the physical parameters such as joint size and width. The special effects artist needs the modeling drawing provided by the director to choose the scope of taking the model. For example, the actor’s sleeves need to be completely rolled up in the split mirror, so the hand mold should be taken near the elbow before it can be used.


After gypsum modeling and sculpture, it is necessary to carve wrinkles, pores and other details. This is the turnover stage. After the mold is finished, the staff will squeeze the filling materials such as silica gel to form fake skin. It is worth mentioning that special effects makeup artists need to choose similar silicone colors according to the actor’s skin color in advance.



Next, the place where the actor sticks the fake skin needs to be brushed with glue. When the glue is semi-dry, stick the skin. The position of the patch needs to be accurate, otherwise it will contrast with people’s normal visual experience and weaken the sense of reality.


After sticking the skin, the staff also needs to melt the edge of the fake skin, and the edge is followed by the edge. The main purpose of this operation is to ensure that the skin texture at the junction of fake skin and actor’s real skin is true and natural. This is also the most important link in the whole special effect makeup. After the edge melting, the makeup artist needs to paint the fake skin more finely.



In practical work, it is easier to achieve special effects makeup that is older than the actor’s real age, and vice versa.


"Before a crew filmed The Journey to the West, they wanted to invite the actor who played Guanyin Bodhisattva back and asked me if I could paint it as 86. After reading the photo of the actor, I said it was impossible because her facial structure had changed. " Li Zhenni bluntly said that this situation can’t be accomplished by special effects makeup. At present, the most common solution at home and abroad is digital face changing, which meets the demand of facial modeling that the character’s age is much younger than the actual age.


From the 86th edition of The Journey to the West to Wandering Earth 2, behind the continuous improvement of China’s film and television special effects makeup technology is the overall improvement of the domestic film and television industry. In the future, the audience will see more domestic blockbusters showing China’s special makeup technology on the big screen.


After the "two faces" of the two takeaway platforms were interviewed, some merchants still "go their own way"

       CCTV News:Stay at home, delicious food is delivered to your door, and Internet take-out has won the recognition of many consumers for its convenience. However, in recent years, complaints about online take-out published by consumer protection organizations in many places have remained high.

       Not long ago, Mr. Qi’s younger brother in Shenzhen experienced obvious discomfort after drinking milk tea purchased through the Meituan takeaway platform.

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       Mr. Qi’s younger brother: "When I drank that milk smell, I just felt the smell of milk that had been left for a long time. Then I went to the hospital that night, and then the hospital doctor diagnosed it as acute gastroenteritis and lost intravenous drip all night."

       Just when Mr. Qi decided to file a complaint with the local consumer protection organization to defend his rights, he found that the company named Huangcha (Longhua Head Office) could not be searched on the Meituan takeaway platform. Mr. Qi complained about his experience to the Shenzhen Consumer Protection Committee. The staff of the Shenzhen Consumer Council immediately launched an investigation and found that the name of Huangcha (Longhua Head Office), where Mr. Qi bought milk tea before, had indeed changed its name, and the business license and food business license that merchants should publicize were not found on the page of the Meituan takeaway platform.

       The investigator of Shenzhen Consumer Council found the renamed store according to the business address provided on the merchant’s website. After checking the business qualification of this merchant, the investigator found that the business scope marked on the food business license held by this store is: the manufacture and sale of hot food, that is to say, this store does not have the qualification to manufacture and sell homemade drinks.

       In the subsequent investigation, the reporter found that Mr. Qi’s experience was not a case.

       From January 1, 2017 to May 31, 2018, Shenzhen Consumer Protection Committee received 164 complaints from consumers about take-away services on third-party platforms of online catering services, and complaints about food safety issues accounted for one quarter. The complaints from the third-party service platforms of online catering, Meituan Takeaway and Hungry, accounted for 94.51% of the total complaints.

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       Li Xiaoyong, Director of Consumer Market Supervision Department of Shenzhen Consumer Council: "In May this year, Shenzhen Consumer Council conducted a survey on the food safety of online catering services in the city. Then, among the 1,050 valid questionnaires, we saw that 50% of consumers had encountered food safety problems. To this end, we launched the social supervision of online catering services in Shenzhen. "

       According to the survey results of Shenzhen Consumer Protection Committee, among the 35 hungry platform merchants and 35 Meituan takeaway platform merchants surveyed, 5 stores were unable to provide food business licenses, and the actual business addresses of 4 food service providers did not match the license addresses, and 22 stores were out of scope.

       In view of this situation, the Shenzhen Consumer Council conducted an interview with the US delegation and the Hungry Takeaway Platform. Hungry and Meituan Takeaway said that the problem merchants in the sample survey have been offline, and the platform merchants’ qualification review and regular shop inspection reporting mechanism have been improved.

       [Tracking] After the interview in January, there are still businesses operating beyond the scope.

       According to the statements of these two take-away platforms, the compliance problem of online catering platforms should be greatly improved. At least businesses that have found problems should go offline for processing, or rectify in place before continuing to operate. After the interview for more than half a month, the reporter conducted an investigation on online catering services in many places and found that this is not the case.

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       In the survey, the reporter found that in a sushi restaurant with a monthly sales volume of more than 700 copies on the Meituan takeaway platform, the pictures of sashimi and other dishes displayed by the merchants looked very fresh and attractive, but in the evaluation, users sometimes reported that the dishes were not fresh. The reporter learned that not long ago, this store was just told by the local Consumer Council that it was out of scope because it did not have a permit for raw food. When the reporter investigated, there was no license information in the business file. In order to further understand the situation, the reporter found this sushi restaurant according to the business address provided by the merchant. The reporter noticed that there was no license information posted in this store.

       Article 4 of the Measures for the Supervision and Administration of Food Safety in Online Catering Services stipulates that catering service providers who access the Internet shall have physical stores and obtain food business licenses according to law, and engage in business activities in accordance with the main formats and business projects specified in the food business licenses, and shall not operate beyond the scope. That is to say, this sushi restaurant is still operating raw food beyond the scope without the corresponding food business license and the license information as required. For this phenomenon, the reporter called the Meituan takeaway platform to understand the situation.

       Reporter:I see that on your platform, some merchants only show their business licenses, but their homes don’t even show their business licenses. What is the reason for this?

       Meituan takeaway platform merchant service hotline:There are two reasons for this. One reason is that our merchants don’t have these two qualifications, and the other reason is that the merchants haven’t uploaded them to the client, so we can’t search them.

       Meituan finally admitted that Meituan platform merchants may not have business licenses and food business licenses. The practice of Meituan is not a case in the online catering service industry.

       In the supervision and investigation of Shenzhen Consumer Council in May, 35 merchants were randomly selected on the hungry take-away platform, of which 4 did not have a food business license, 11 operated beyond the scope, and 16 did not publicize or update the license. Therefore, the reporter called the hungry takeaway platform to understand the situation.

       Hungry platform merchant service hotline: The conditions for our store to go online are that it needs a business license, a food business license and a physical storefront. None of the three can go online.

       Reporter:What if it’s not made public? As a consumer, why can’t I see his food business license?

       Hungry? Platform merchant service hotline:Due to technical reasons, the boss’s license could not be synchronized to the platform of Hungry.

       Reporter:That’s why you are hungry, isn’t it? You didn’t make it public?

       Hungry? Platform merchant service hotline:Whether this shows or not has little effect or influence.

       Reporter:Why not?

       Hungry? Platform merchant service hotline:Does not affect the normal business of the store.

       On the one hand, it claims that the license must be complete, on the other hand, it tells the platform that whether the license is displayed or not will not affect the normal business of the store. The attitude of the online catering platform has attracted the attention of all parties. The Consumer Council of Shenzhen said that it will continue to carry out social supervision and disclosure of the take-away platform, and start with the construction of integrity to ensure the food safety of the citizens.

       According to the data released by China Internet Network Information Center, as of December 2017, the number of online take-out users in China has reached 343 million, and it has maintained a sustained high-speed growth. Online take-out has not only become one of the normal dining methods of netizens, but also accounts for an increasing proportion in the catering industry in the whole society. Whether online take-out can be operated in good faith has become a new problem that cannot be ignored.

       [Short Comment] It is related to consumers’ health and integrity management.

       On the one hand, you can’t go to the online take-out platform without a license, on the other hand, there are businesses with incomplete licenses in normal business; On the one hand, it is said that business licenses, food business licenses and physical storefronts are indispensable. On the other hand, it is told that the non-disclosure of these information will not affect the store operation on the take-away platform, so how can consumers believe in the honest operation of the take-away platform? Food safety is directly related to the health of consumers, and it is particularly important for related enterprises to "know, use and keep promises".

Online shopping filter gets "black heart"

In order to confuse the fake with the real, the gang set a QR code on the product to "verify" the consumer.

  The Guangdong Provincial Public Security Department held a special action conference on escort finance "Sword 2019" yesterday. The reporter learned that since the beginning of this year, Guangdong police have cracked down on outstanding economic crimes such as illegal fund-raising, online pyramid schemes, bank cards, counterfeit money, underground money houses, tax fraud and intellectual property rights. From January to September this year, the province has cracked more than 8,030 economic crimes, arrested more than 12,660 people, and carried out 40 centralized network collection operations, involving a total amount of 305.6 billion yuan.

  Counting "Sword"

  Combating stakeholder-related economic crimes: breaking more than 520 criminal detentions and arresting more than 1,340 people.

  It is understood that the province’s public security organs use the "smart new economic investigation" to carry out accurate monitoring and early warning, and make every effort to prevent and resolve major financial risks. From January to September this year, the province cracked more than 520 cases of economic crimes involving stakeholders, such as illegal fund-raising and pyramid schemes, and arrested more than 1,340 people. It successfully detected a number of major cases, such as Dongguan’s "Group Loan Network", Shenzhen’s "Gathering Products", Foshan’s "Langzi Youth Diary" and Zhaoqing’s "Guangdong Finance Loan".

  Combating the crime of underground money houses: the total transaction flow of accounts involved is more than 170 billion yuan.

  The province has cracked 64 cases of underground money houses and money laundering, arrested more than 270 suspects, destroyed more than 80 dens, seized more than 100 million yuan of frozen funds, and the total transaction flow of the accounts involved was more than 170 billion yuan.

  Cracking down on crimes involving bank cards: The province accepted 3,378 cases of credit card fraud.

  The province accepted 3,378 cases of credit card fraud, down by 17.5% year-on-year, and put 3,024 cases on file, down by 19.3% year-on-year. The number of cases filed reached a new low in eight years, which detected the cases of Deng Moumou and others stealing, buying and illegally providing credit card information, Yao Moumou and others taking advantage of Apple’s loopholes to steal credit cards, and Wang Moumou and others committed serious crimes of stealing credit cards abroad.

  Combating tax-related crimes: arresting 1,162 people, involving hundreds of billions of yuan.

  From January to September this year, the province cracked 306 tax-related crimes, arrested 1,162 suspects involved, involving hundreds of billions of yuan, and solved major cases such as the case of "Liujin No.1" falsely issuing special VAT invoices and the case of "Battle No.6" illegally manufacturing and selling fake invoices on the Internet, which effectively safeguarded the national tax security and market economic order.

  "Fox Hunting Action": 92 economic suspects who fled were arrested.

  The "Fox Hunting Operation" has arrested 92 economic suspects who fled from 26 countries and regions, involving about 26.1 billion yuan.

  Typical case

  Counterfeit water purifier filter elements are two-thirds cheaper than genuine ones.

  In April this year, Foshan police received a report from the masses that they bought counterfeit beautiful water purifier equipment through Taobao shop. According to this, Foshan police unearthed a serious criminal gang headed by Li Momin, involving Guangdong, Guangxi, Zhejiang, Shanghai, Henan and other provinces suspected of producing, manufacturing and selling counterfeit "Midea" water purifier filter products, and the provincial public security department listed it as "Hurricane 90" project.

  The police investigating the case said that members of the gang had worked in a water purifier company before and had experience in producing and selling water purifiers. They set up a shop online to sell, wholesale and retail. The filter element of the water purifier sold is two-thirds cheaper than the genuine one, while the actual manufacturing cost is lower, only a dozen yuan. After inspection by relevant departments, the counterfeit water purifier filter element manufactured by the gang can not achieve the filtering effect at all.

  In order to achieve the purpose of confusing the fake with the real, the gang also set up a QR code on the product for consumers to verify. According to the police investigating the case, part of the verification QR code used by the gang is to copy the real code that has been scanned many times, and part of it is a fake code made by itself. After scanning, it is a fake website link made by the gang itself.

  In September, under the organization and command of the Economic Investigation Bureau of the Ministry of Public Security and the Economic Investigation Bureau of the Provincial Public Security Department, Foshan Public Security Bureau, together with public security organs in Zhejiang, Guangxi, Shanghai and other four provinces and six cities, launched a unified network-closing operation, destroying 9 dens producing and selling counterfeit "Midea" trademark water purifiers, arresting 85 criminal suspects such as Li Momin on the spot, destroying 9 counterfeit production lines, and detaining about 45,000 finished and semi-finished filters. The total value of the cases involved was about 150 million yuan.

  Collect a bank card and sell one for 3000 yuan in 500 yuan.

  At the beginning of April 2019, Jiangmen police found clues that Deng Moumou and others were suspected of stealing, buying and illegally providing credit card information, and quickly set up a task force to carry out investigation. At the same time, according to the Zhongshan police’s investigation on the crime of suspected bulk trading of corporate accounts and bank cards, the Economic Investigation Bureau of the Provincial Public Security Department found that the two cases were related, and decided to crack down on the crime of suspected bulk trading of corporate accounts and bank cards for the whole chain. The case was listed as "Hurricane No.83" and illegally provided credit card information for investigation.

  According to the police handling the case, these criminal gangs are mainly intermediaries for buying and selling bank cards. They collect personal and company bank cards from illegal channels and then sell them to criminal gangs downstream, which are used to open illegal enterprises, falsely invoice, transfer money from underground banks and other crimes, forming a gray industrial chain of collecting, handling, selling and using cards. The first-hand collection price is about one from 300 yuan to 500 yuan, mainly corporate bank cards, and then they are sold at a price of 2,000 to 3,000 yuan, or even 4,000 to 5,000 yuan.

  In mid-July, under the organization and coordination of the Economic Investigation Bureau of the provincial office, Jiangmen and Zhongshan police launched a unified network-closing operation, successfully destroying 9 dens suspected of illegally providing credit card information, destroying 9 criminal gangs, arresting 70 suspects, and seizing a large number of bank cards (sets), online banking keys and other items. (Text/Guangzhou Daily all-media reporter Li Dong correspondent Jiang Weibo, Li Datu/Guangzhou Daily all-media reporter Qiao Junwei)

Sakai Yoshiki, one of the authors of Japanese fake stem cell papers, committed suicide as the boss of beauty scientist Xiao Baofang Haruko.

In Japanese society and the global scientific community, the cloning research fraud has been raging again. According to Kyodo News, this morning, one of the authors of the fake paper, the deputy director of the comprehensive research center of occurrence and regeneration science of Japan Institute of Physical Chemistry, committed suicide.

In January this year, Japanese beauty scientist Haruko Kobao published two Nobel Prize-winning papers in Nature magazine, claiming to have discovered a brand-new method of adult animal somatic cell cloning. Sakai Yoshiki is the boss of Xiao Baofang Haruko and the co-author of the paper. However, the paper was later found to be fraudulent, and was rejected by Nature magazine, which became the biggest scandal in the international scientific community after the fraudulent incident of Hwang Woo-suk, the father of Korean cloning in 2005. Xiao Baofang Haruko himself has always refused to admit the research fraud, insisting that the experimental results are true, and only apologizes for the mistakes in citing pictures in the paper. However, the academic circles generally don’t believe Kohokata’s excuse, and the authors of the papers, including Kohokata, are under great pressure, and Sakai Yoshiki is also regarded as the main person responsible for the whole incident.

Sakai Yoshiki (middle) and Xiao Baofang Haruko (left)

Sakai Yoshiki (middle) and Xiao Baofang Haruko (left)

Suicide of key figures in fraud scandal

Japan’s Kyodo News reported on the morning of August 5th that Sakai Yoshiki (52 years old), deputy director of the Comprehensive Research Center of Occurrence and Regeneration Science of Japan Institute of Physical Chemistry, hanged himself in the center in Kobe today. Hyogo police subsequently confirmed his death.

According to the police in Hyogo Prefecture, Sakai hanged himself after hanging a rope on the stair handrail of the research building of the research center. The police received an alarm call at 9 o’clock in the morning.

Sakai is the mentor of Xiao Baofang Haruko (30 years old), the academic leader of scientific research who wrote STAP cell papers. In January this year, he and Kohokata attended a press conference to announce the research results. At that time, STAP cells were regarded as new universal cells. After the paper was pointed out that there were violations, Sasakawa still stressed that STAP cells might exist.

Plagiarism of beauty researchers

At the end of January this year, Haruko Kobao of Japan Institute of Physical Chemistry and others published two heavy papers in the field of stem cell research in Nature, claiming that a new type of "universal cell" STAP cells can be obtained by simply stimulating somatic cells with acid bath or applying physical stress. These cells have the same characteristics as embryonic stem cells, and they can also form self-renewing stem cell lines after further operation.

This is the third method for obtaining animal embryonic stem cells, which is published after the research team of Japanese scientist shinya yamanaka and China Tsinghua University. Shinya yamanaka won the Nobel Prize for his discovery several years ago, and the preparation method of STAP is simpler.

However, in March this year, one of the co-authors of the paper, Akihiko Wakayama of Yamanashi University, asked the first author of the paper, Haruko Kobao, to provide him with STAP cells prepared from mouse cells of a certain strain. However, after a simple genetic analysis of the cells, Akihiko Wakayama found that the stem cells given to him by Haruko Kobao were prepared from mouse cells of other strains. This indicates that these cells may be contaminated.

The controversy over Xiaobaofang Haruko’s research on alleged fraud began. On April 1st this year, after investigation, the Japanese Institute of Physical Chemistry announced that the first author of the paper, Xiao Baofang Haruko, director of the research office of the Developmental Biology Center (CDB) of the Institute of Physical Chemistry, had academic misconduct such as fabrication and tampering. Although the co-authors have no academic misconduct, they are also "responsible" for failing to play a gatekeeper role. Since then, Nature has also withdrawn two papers.

As the reporter stared at all the papers published by researcher Kohokata so far, it was found that there were obvious plagiarism marks in her doctoral thesis submitted to Waseda University three years ago, and 20 of the 109 pages of papers were completely copied from the public papers of an American research institute. Moreover, the photos used in the doctoral thesis are completely consistent with the photos of this universal cell experiment, which were copied from the website of a biological company.

This incident has caused a great condemnation of academic fraud in the global academic circles, and the Japanese government has also begun to purge its own scientific community. On April 14th, at the highest science policy organization in Japan — — At the meeting held by the Council for Science and Technology Policy (CSPT), an eight-member committee group called for the establishment of academic integrity of researchers, and called for the establishment of a series of prevention and response measures against academic fraud at the institutional level to rebuild public confidence in science.

Xiao Baofang Haruko apologized for the paper fraud.

Xiao baofang haruko apologized for the falsification of the paper.

Kohokata was exposed to consider suicide.

On April 9 this year, Xiao Baofang Haruko was forced to face the public on the issue of fraud. 30-year-old Xiao Baofang Haruko cried tears in front of hundreds of reporters at a news conference recorded on TV, but she insisted that she did not tamper with the data to falsify the experimental results.

She claimed that she didn’t agree to withdraw the research, saying that she had "confirmed this fact many times" and vowed that if she was allowed to return to any laboratory, she would prove that what she said was true.

Kohokata only apologized for citing several incorrect pictures in his paper and modifying one picture in the report. She said that her mistakes were lack of experience and poor academic skills, and she called on her colleagues to continue the research.

Kohokata said that he was opposed to withdrawing the paper published in the journal Nature, because it would give the international academic community the impression that the research was incorrect.

She also said at the press conference, "I can’t sleep well every day and my mood is getting worse." Some reporters even reported that in the face of unanimous accusations from the academic circles, Kohokata may be hard-headed, and may have the possibility of self-injury or suicide.

Sakai Yoshiki is behind the scenes?

Xiao Baofang Haruko also has many sympathizers. It was pointed out that there were eight authors in the fake papers, and the real main publication was not researcher Kohokata, but Fang Shu Sasui, deputy director of the Comprehensive Research Center for Regenerative Science of the Institute of Physical Chemistry.

Some media pointed out that since Professor shinya yamanaka of Kyoto University won the Nobel Prize in 2012 for his successful research on IPS cells, Japanese national attention has been focused on Professor Yamanaka. According to the research results, Professor Yamanaka’s achievements are far more than those of Sakai Fangshu. As an important expert in this field, he is definitely uncomfortable. In order to compete with Professor Yamanaka, the Institute of Physical Chemistry decided to launch the "Beauty Scientist" route in Kohokata to compete with Professor Yamanaka. Moreover, there is competition in the Institute of Physical Chemistry, and the research funding will be cut without certain achievements.

Hastily announcing immature results and finally failing is also the best explanation for this commotion. Poor researcher Kohokata has been criticized by Japanese researchers all over the country. As a result, she can’t do any more research, because her image is not good, and there will be no co-researchers. Even if she publishes it alone, no one will be interested in her. Now, only the existence of STAP cells is definitely proved, which is the best means to bring them back to life.

Some media even claimed that the relationship between Sakai Yoshiki and Xiao Baofang Haruko was ambiguous. Because after graduating from Haruko University, Xiaobaofang has a much smoother career path than graduates from many other famous universities. I got a five-year researcher’s contract with the Institute of Physical Chemistry very early, and was sent to Harvard University for research with the support of a scholarship. Come back and become a researcher of the project.

Although Sakai Yoshiki has a wife and a family, she is particularly close to Xiao Baofang Haruko. Some people say that they saw the two of them making out in the research room. So many people are saying that this research scandal is not only academic fraud, but also the shadow of erotic trading and interest trading.

It is difficult to charge and store. How does the owner of electric bicycle insist on "pushing the cart into the house"?

Residential buildings are high-risk places for electric bicycle fires. According to the "Regulations on Fire Safety Management of High-rise Civil Buildings" issued and implemented by the Emergency Management Department in 2021, parking or charging of electric bicycles is prohibited in public halls, evacuation walkways, stairwells, safety exits and other places of high-rise buildings. Then why do car owners insist on "pushing cars into the house"? Why do you need to charge at home?

Not long ago, reporters also visited all parts of the country and found that it is still common for residents to bring electric bicycles or batteries into indoor charging illegally. The reporter learned that the lack of public charging facilities is the main pain point encountered by residents when using cars.

Insufficient public charging facilities are the main pain points.

In an old residential area in Tianjin, the reporter saw that it is more common for residents to put electric bicycles in the corridor at will or push them into the elevator. Although some residents parked their cars outside the building, they still took the batteries home to charge them for convenience.

In a community in Fengtai District, Beijing, the reporter saw that although public charging facilities for convenience have been set up next to residential buildings, and electric bicycles are reminded with eye-catching slogans that "do not enter the building and do not enter the house", some residents still turn a blind eye to this.

In a community in Dongsha Street, Liwan District, Guangzhou, some residents still push their electric bicycles into their homes to charge, knowing the risks.

In the street park of the nearby community, although a public charging area with more than ten charging ports is also provided, when the reporter visited, he did not see an electric bicycle charging here. In addition to spending more money, residents say that they sometimes want to use it, and they can’t find a vacancy. Even some non-rechargeable vehicles often stop in the shed to occupy a position.

Problems such as potential safety hazards reflected by residents and insufficient public charging facilities. The staff of the local community neighborhood Committee said that they would try their best to persuade illegal charging behavior during daily inspections. As for the expansion of public charging facilities, in addition to security factors such as anti-theft and fire prevention, it is also faced with problems such as limited space in old communities and the inability to distance itself from residential buildings. At present, it is difficult to advance.

Car owners do not pay attention to the safety of electric bicycles.

The reporter learned that in addition to the many car pain points mentioned in the above film, there is another aspect, that is, many car owners lack sufficient attention to the safety of electric bicycle batteries and insufficient understanding of battery quality. According to the statistical analysis of the National Fire and Rescue Bureau, the main causes of electric bicycle fire include battery overcharge, battery monomer failure, short circuit of electrical circuit and so on. It can be seen that battery quality is particularly critical. In particular, old batteries and modified batteries that have been used for a long time have no small safety hazards. Therefore, battery inspectors have also done relevant tests.

In order to test the difference of charging safety factor between an old battery and a new battery, inspectors first disassembled a common lithium battery for electric vehicles, and it can be seen that the battery is actually composed of 10 battery cells. Subsequently, the inspectors put two new batteries that have been disassembled separately and the old batteries that have been used for a long time into the experimental box at the same time, and carried out charging tests at a fixed temperature and under the same conditions.

Li Zhaoyang, Senior Engineer of Battery TestingThis orange curve is the temperature change of aging battery, and the blue curve is the temperature change of new battery. It can be seen that the temperature of aging battery rises faster than that of fresh battery when charging, which is 1℃~2℃ higher on average.

The inspectors also simulated the collision that may be encountered in the daily use of the battery and conducted a pressure test. It can be seen that the squeezed battery first appears obvious internal cracking sound, and then suddenly bursts. Then there was smoke coming out of the battery, and then it exploded and caught fire.

Huang Huanjie, Executive President of Guangzhou Electric Bicycle Industry AssociationWe also participated in the investigation of some fire cases, and found that the main problems were some small brand batteries, or some batteries with "three noes" products, which were refurbished and reassembled from old batteries.

Industry insiders remind that battery overcharge may lead to battery performance degradation, shorten battery life and even damage the battery, leaving hidden dangers. In addition to developing good habits, car owners must choose regular manufacturers when buying batteries for electric bicycles. Even if it is a new battery, it should be inspected or replaced within six months to two years.

Fire caused by electric bicycle entering the house.

In the face of the fire caused by electric bicycles, many netizens left messages on the Internet expressing concern. Poke the video and see what the netizens say.

All localities actively explore the experience and practice of combining "dredging" and "blocking"

According to the data of China Bicycle Association, by the end of 2022, the number of two-wheeled electric bicycles in China has reached 350 million, which is equivalent to one electric bicycle for every four people. With the popularity of electric bicycles and frequent accidents, it also puts forward new challenges and requirements for the original order and management of the city.

Experts said that in addition to improving the regulations and standards for electric bicycle parking and charging in relevant places from the legislative level, the relevant departments should actively explore the experience and practice of combining "sparse" and "blocking".

In Suzhou, the local government, functional departments and social subjects’ legal responsibilities have been defined for the production, sales, parking, charging and management of electric bicycles. At the same time, the civil air defense measures should be improved in conditional communities, with 24-hour remote video monitoring devices and independent smoke fire detectors.

Shen Qiuning, a community workerWe have also purchased "three defenses" insurance for residents. The so-called three defenses are fire prevention, theft prevention and loss prevention. If our vehicle is stolen in the process of using the charging facilities, or there are losses for other reasons, we can give a subsidy of up to 2000 yuan per vehicle when taking insurance.

In Fengtai District, Beijing, the local fire department is actively promoting the streets and property units under its jurisdiction to install intelligent ladder control systems in this community. With the help of the intelligent camera installed in the elevator box, the system accurately controls the electric bicycle and battery to "go upstairs by ladder" by means of "algorithm identification+sound and light alarm".

In terms of promoting the construction of electric bicycle charging facilities, Beijing also plans to build another 200,000 public charging interfaces in 2024 on the basis of the 950,000 public charging interfaces already built, so as to solve the charging pain of car owners.

Announcement No.1 of the National Health and Wellness Commission: Revealing important information about the prevention and control of "novel coronavirus"

  CCTV News:

January 20 th

The National Health and Wellness Commission issued Announcement No.1.

Include pneumonia infected in novel coronavirus.

Class B infectious diseases stipulated in the Law of People’s Republic of China (PRC) on the Prevention and Control of Infectious Diseases.

And take measures to prevent and control Class A infectious diseases.

Include pneumonia infected in novel coronavirus.

Management of Quarantine Infectious Diseases as stipulated in the Frontier Health and Quarantine Law of People’s Republic of China (PRC)

 

our countryClass a infectious diseasesThere are only two kinds: plague and cholera.

  beforeIncorporate into Class B infectious diseases and adopt Class A management.There are:

Infectious atypical pneumonia (SARS)

Pulmonary anthrax in anthrax

Human infection with highly pathogenic avian influenza

  Answering Bai Yansong’s Eight Questions Zhong Nanshan put forward three "keys"

  Prevention, don’t go to Wuhan without special circumstances, this is very important.

  Wearing a mask is still useful. Actually, you don’t have to wear N95.

  Early detection and early treatment should prevent transmission and prevent the emergence of "super communicators".

  [Name card] Zhong Nanshan, head of the high-level expert group of the National Health and Wellness Commission, academician of the China Academy of Engineering, national clinical research expert on respiratory diseases, and a leading figure in the fight against atypical pneumonia in China in 2003.

  Summary of some Q&A records:

  Bai Yansong: How can you tell it’s from person to person?

  Zhong Nanshan: According to the current data, it must have been passed down from person to person. In Wu Hanyou, two patients in Guangdong have never been to Wuhan, but after their families went to Wuhan, they were infected with novel coronavirus, so now they can.There must be a phenomenon of human transmission..

  Bai Yansong: What should we do from the perspective of medical experts, including the whole medical system? How should ordinary people guard against it?

  Zhong Nanshan: The key points,One is prevention. Don’t go to Wuhan without special circumstances. This is very important.. If you feel sick or catch a cold, you should go to the local fever clinic and check if necessary. Wear a mask if you are uncomfortable.Wearing a mask is still useful. Actually, you don’t have to wear N95.. Because these viruses do not exist alone, they often exist in droplets. General surgical masks can still block most of them, and wearing masks is still useful.

  Bai Yansong: What symptoms do ordinary people have to go to the hospital for treatment? Is it a fever?

  Zhong Nanshan: Because there are more flu in winter, it is not enough to have a fever. One isI have been to Wuhan or there are people from Wuhan at home.This is a premise. Besides, I have a fever, so I should be on my guard.You must go to the fever clinic. At the same time, do nucleic acid testing when necessary..

  Other important information:

  Novel coronavirus’s infection has just started and is climbing at the same time, so compared with SARS at that time, it is not so infectious and toxic.

  The current mortality rate cannot be comprehensive, and I am afraid it depends on the development of the disease. We should be vigilant on this issue.

  Preliminary epidemiological analysis shows that it is actually transmitted to people through wild animals, which is quite possible. But there is still the phenomenon of human-to-human transmission, which is the time for us to be vigilant.

  From all aspects of epidemiological investigation, it is more likely that the virus comes from a wild animal, such as bamboo rats and badgers.

  There is no specific medicine in novel coronavirus at present, but some animal experiments and observations are being carried out now, so scientific research should keep up. During the Spring Festival, it is estimated that the number of sick people will increase, so it is necessary to prevent transmission and prevent the emergence of "super communicators".

  On the afternoon of 20th, in response to the prevention and control of "pneumonia epidemic in novel coronavirus", Academician Zhong Nanshan, the head of the high-level expert group of the National Health and Wellness Commission, and others answered a reporter’s question, saying that "super communicators" had not appeared yet, and prevention and control in advance was effective.

  Virologists: The key point should be to prevent the emergence of "super communicators"

  Zhong Nanshan: At present, there is no "super-disseminator" in the SARS epidemic 17 years ago. Timely isolation of suspicious patients and close contacts can effectively prevent the spread of the epidemic.

  Guan Yi: After a period of development, the ability to spread the virus will be improved. At a certain level, some special cases will appear in the crowd, and a large number of viruses will be carried, forming a "super communicator". We should find advanced communicators and super communicators as soon as possible, and especially try to prevent the emergence of super communicators.

  On January 21st, "News 1+1" continued to connect with Zhou Xianwang, Mayor of Wuhan, Gao Zhancheng, a member of the expert group of the National Health and Wellness Commission, and Wang Bin, deputy director of the CDC of the National Health and Wellness Commission, to answer your questions.

  Incubation period of virus: the average is about 7 days, and the longest is 12 days

  Gao Zhancheng: In 2003, it will take about half a year to locate the SARS virus. existNovel coronavirus will be confirmed within two weeks.This provides scientific basis and guidance for the research and development of antiviral drugs and vaccines.

  Gao Zhancheng: Judging from the existing cases, (incubation period of the virus)The average is about 7 days, ranging from 2 to 3 days short to 12 days long..

  How to distinguish the common cold from novel coronavirus infection, and under what circumstances do you need to see a doctor?

  Gao Zhancheng: According to the existing cases, the main symptoms are fever, low fever or even high fever; Mainly dry cough; Shortness of breath and chest tightness after three or five days; Some patients will have symptoms of respiratory failure and shock. Remind everyone,Anyone who has fever symptoms should seek medical attention in time, especially those who have been exposed to cases, and seek medical attention as soon as possible..

  [popular science connection]

  Enough science: fever, cough to the hospital? Don’t worry yet! Read these three before you act.

  Enough science: by the way, is it useful to wear a mask? Everything I want to know about novel coronavirus is here.

  Popular science enough: Will novel coronavirus bats "lie" this time?

  (Source: official website of National Health and Wellness Commission, official website of Health Emergency Office, news 1+1, etc.)

Super-safe, smart and enjoyable, the fourth generation Pentium B70 family travel is more preferred.

As a B-class family car in the price range of 100,000-150,000 yuan, the fourth-generation Pentium B70 understands the needs of China family car users, and achieves 28 optimization and advancement in design, space, intelligence, driving control and safety, and deduces the Chinese charm of "super-safe and intelligent family car" with five brand-new car experiences.

Stylish and exquisite, both inside and outside are high-value

An atmospheric car should not only have a large size, but also highlight the "big" gas field in the appearance design. The fourth generation Pentium B70 adopts a brand-new family design language of "strength, purity and perfection", with a cascade front grille, a flying wing headlight group and a brand-new product logo that can emit light, showing the tide of science and technology. At the same time, the Ling Feng-style waistline on the side of the car body and the large hatchback design make the 4855mm car body more slender, emitting a magnificent and powerful gas field.

The appearance is stylish, but the inside is qualitative. In terms of cockpit texture, the fourth-generation Pentium B70 adopts a "curved" double screen and a paddle gear, and increases the area of soft package materials, making the high-grade atmosphere "full at one time".

In terms of car, the fourth-generation Pentium B70 adopts Huawei HiCar+ Yilian to realize the easy connection between mobile phone and car, and D-life6.0 intelligent interactive system makes the whole scene cover such as dual-screen interconnection, voice interaction, precise navigation, car housekeeper, etc. After the software upgrade, the car is smoother and the application is more abundant, which can also bring consumers a good interest operation experience even in the long-term driving process.

Safe and comfortable space for the whole family.

For family cars, whether it is daily commuting or self-driving travel, the safety of family members will always be the first priority. The fourth generation Pentium B70 relies on the leading and reliable FMA platform, and its body adopts 3H+ double E-ring body structure, and it is supported by solid materials of 76% high-strength steel and 22% hot-formed steel, giving the vehicle a safe golden bell. In addition, the new model has a transparent chassis function, and the whole system comes standard with AEB automatic emergency braking, full-speed adaptive cruise system and other configurations, bringing an omniscient perspective with L2+ intelligent assisted driving to cope with daily safety risks.

As a family car known for its comfort, the fourth-generation Pentium B70 not only inherits the 6A comfort certification gene, but also maximizes the space utilization on the basis of the 2800mm wheelbase, giving the front and rear rows a more comfortable and free experience. Supplemented by the unique Shu Yue seat, oversized panoramic sunroof and electric tailgate, it brings spacious, bright, advanced and practical new travel enjoyment for drivers and passengers.

With the listing of the fourth generation Pentium B70, the sedan market has also ushered in a strong competitor. 2.0T Collar Edition and 2.0T Pilot Edition are priced at 129,900 yuan and 137,900 yuan respectively, with outstanding cost performance. The "five-heart car purchase ceremony" further reduced the user’s car purchase cost. Enjoy a higher value experience at a more affordable price, which is also a brand-new choice brought by the fourth generation Pentium B70 to China users.

Talking about the topic of dissolution in May, Qi Shuabao talked about "dissolution once a day"

Raise a glass to celebrate in May.

Debut in Taipei on May Day.

A Xin is shooting food.

Stone Martha plays selfie.

        On May 16th, I attended a press conference in Taipei. Earlier, it was revealed that Ella had left Huayan, and the S.H.E three people were facing the crisis of dissolution. As a "longevity" group, they were asked about the topic of dissolution. A Xin joked: "We are on the verge of dissolution at any time. It is work that brings us together. We will dissolve as soon as we announce it!" The league members booed and said, "We dissolve once a day." Mayday said that the concert tour had just finished 96 performances and was about to break 100 performances, which was the first time in the 21 years since it became a military. They laughed and said, "When we got off the stage, we got together to eat, and everyone had a good relationship. There was no such problem."

  Martha was promoted to be a father a few days ago, and the twins were just full moon. She was asked what it was like to be a father. He said happily and briefly, "Yes, I have recently become a father and I am in a good mood." A Xin joked that Martha is so good that she can wrap diapers with one hand without being in a hurry. Stone sent a long article a few days ago, saying that he had not talked to the children for a long time and had to face the topic of "letting go". He said: "I am busy with the concert and haven’t seen my family for a while. I hope to spend more time with my children."

  Last night, fans were disappointed that they couldn’t hear the Mayday song "Stubborn" on the broadcast. The rumor was broadcast during the warm-up before the game. Martha said: "It’s very happy that the song can be heard on such an important occasion. After all, the game is the most important and it doesn’t affect the game."

GAC Passenger Car – Trumpchi E9: A New Benchmark for Plug-in Hybrid MPV

In the field of new energy vehicles, the Trumpchi E9 launched by GAC passenger cars is like a fresh wind, bringing a new choice to the MPV market. As a plug-in hybrid model, the Trumpchi E9 not only combines the battery life advantages of fuel vehicles and the environmental protection characteristics of electric vehicles, but also becomes a new benchmark in the MPV market with its excellent performance and luxurious configuration.

The size of the Trumpchi E9 is 5193mm long, 1893mm wide and 1823mm high, with a wheelbase of 3070mm, and the spacious interior space provides passengers with a comfortable ride experience. Its exterior design is stylish and atmospheric, and the front face features a semi-enclosed grille composed of six individual chrome trims. With sickle-shaped headlights and through-the-line LED light strips, it creates a strong sense of technology and recognition.

In terms of power, the Trumpchi E9 is equipped with the only 2.0T hybrid special engine in the same class, matching the GMC400 hybrid special gearbox pioneered by GAC, achieving a perfect balance between strong power and fuel economy. The maximum power of the engine is 140kW, the maximum power of the motor is 134kW, the comprehensive maximum power of the system is up to 274kW, and the acceleration of 100 kilometers only takes 8.8 seconds.

At the same time, the Trumpchi E9 is also equipped with a 25.57kWh magazine battery, with a pure electric battery life of 136km under CLTC conditions and a comprehensive battery life of 1032km, meeting the diverse travel needs of users.

In terms of interior, the Trumpchi E9 also lives up to its reputation for luxury. The cabin adopts an environmentally friendly design, and a lot of soft materials are used in the car, which is wrapped and soft to the touch. The central control area is equipped with three large screens, including a 14.6-inch central control screen, a co-pilot entertainment screen, and a 12.3-inch LCD instrument panel, which is full of technology. The seats are equipped with a seven-seat layout of 2 + 2 + 3, and the second row of seats is equipped with independent armrests, leg rests, and functions such as heating, ventilation, and massage, providing passengers with the ultimate comfort and experience.

To sum up, GAC passenger car – Trumpchi E9 has become a shining star in the MPV market with its excellent performance, luxurious configuration and environmentally friendly characteristics. Whether it is family travel or business reception, Trumpchi E9 can meet the diverse needs of users with excellent performance.

Xu Jiayin enters the end game

Writing | Liu Xingzhi

Editing | Wang Jing

At the age of 64, Xu Jiayin ushered in the most difficult Mid-Autumn Festival in his life.

On the evening of September 28, China Evergrande (03333.HK) announced that the company had received a notice from the relevant departments that Xu Jiayin, the executive director and chairperson of the board of directors, had been taken compulsory measures according to law on suspicion of illegal crimes.

At 9 a.m. that day, China Evergrande, Hengda Automobile, and Hengda Property were temporarily suspended from trading on the Hong Kong Stock Exchange. The evening announcement said that China Evergrande shares would continue to be suspended until further notice.

Xu Jiayin’s last public speech was at the Hengda Football Club management meeting on July 4 this year. Recently, there were rumors that Xu Jiayin was absent from the Hengda regular meeting, which was chaired by Sean, the company’s CEO and executive director.

Before this announcement, Xu Jiayin’s own whereabouts and status were always confusing; and since the "thunderstorm", the entire Hengda has also been in a state of "Schr?dinger’s cat", and any good news about it is often followed by a bad news. In July this year, Hengda reissued its 2021 and 2022 financial reports, and in August, Hengda Automobile officially announced a financing, but then it was exposed that Xu Jiayin had married and Hengda had filed for bankruptcy.

Xu Jiayin

In fact, the outside world is not surprised by Xu Jiayin’s investigation. Since the beginning of this year, a number of Evergrande executives have been detained, the most recent being Zhu Jialin, the former chairperson of Evergrande Life Insurance.

Today, Evergrande, as its name suggests, has become one of the greatest sources of instability that continue to affect confidence in the real estate market.Among other top real estate companies, Sunac is one step away from the success of overseas debt restructuring. Country Garden has just completed the extension of domestic debt, but Evergrande has delayed it again and again. Finally, on September 22, it announced that "the relevant agreement arrangement meeting originally scheduled for September 25 and September 26 on the proposed restructuring will not be held."

In terms of policy, there have been frequent positive developments in the housing market recently, and "recognizing houses but not loans" has blossomed in various places. Guangzhou has fired the first shot of some first-tier cities to liberalize purchase restrictions.

However, Hengda is a constant source of bad news.

An industry insider who did not want to be named told the box lunch financial analysis that the most important issue for Evergrande at present is still the "protection of Jiao Lou", so the final outcome of Xu Jiayin and other senior management teams may not be settled until all parties reach a consensus on the protection of Jiao Lou and other issues.

This may mean that with the introduction of a series of policies, the risk disposal of leading real estate enterprises has made progress, and the final fate of Evergrande is entering the countdown.

01

Speculation about the fate of Evergrande’s executives began last year.

In the middle of last year, Xia Haijun, the former chief executive of Evergrande Group, traveled to Hong Kong on the grounds of dealing with overseas debts. Since then, his whereabouts have been completely unknown. Some say he is in Canada, others say he is in Australia, and more people believe he has gone to the United States.

Before Hengda’s thunder, Xia Haijun had long held the "No. 2 position" in Hengda, known as the "working emperor in the real estate industry". Although he was a "part-time worker", Xia Haijun, who was around Xu Jiayin, was obviously better informed. He sold his holdings of Evergrande dollar bonds and Evergrande stocks before Hengda’s thunder, accumulating more than 1 billion yuan.

On September 26, some media said that Xia Haijun and Pan Darong, the former chief financial officer of Evergrande, had been detained or taken away by the police, but some industry insiders questioned this. "Isn’t he in the United States?" the person said. "Of course it doesn’t matter where he is, and you can’t run away if you really want to catch him."

In addition to Xia Haijun, the whereabouts of several other important executives in Hengda are relatively clear.

In January this year, Ke Peng, the former CEO of Evergrande, was taken away by the police for investigation due to his involvement in Hengda’s old reform in Shenzhen, becoming the first Hengda executive confirmed to be behind bars.

The old renovation project is still the most important "ballast stone" of Evergrande, and there are many interests involved. According to Evergrande’s financial report, as of June 30, 2023, the company has a land bank of 190 million square meters and participated in 78 old renovation projects, including 55 in the Greater Bay Area (34 in Shenzhen) and 23 in other cities.

After half a year of calm, on September 16, Hengda Wealth General Manager Du Liang and other suspected criminals were taken criminal coercive measures by Shenzhen Public Security; five days later, on September 21, there were media reports that Zhu Jialin, the former chairperson of Hengda Life, was taken away for investigation.

Xu Jiayin enters the end game

Hengda Fortune and Hengda Life Insurance are the two most important pieces of Hengda’s financial map, and they are also Xu Jiayin’s "money bag".

Since August 2021, Hengda Wealth has experienced difficulties in redeeming. Xu Jiayin also shouted at the time, "I can have nothing, but the investors of Hengda Wealth cannot have nothing."

But Xu Jiayin reneged on his promise. On August 31 this year, Evergrande Wealth issued a document saying that because the asset disposal was not as expected, it did not obtain the asset disposal funds and could not carry out the payment in the month. With the arrest of Du Liang and others, whether Xu Jiayin "has nothing" may come to a conclusion.

As for Hengda Life, the day before Du Liang’s arrest, the China Banking and Insurance Regulatory Commission had approved Haigang Life to take over its insurance business and corresponding assets and liabilities. Referring to the previous investigation process of "Anbang Department", with the takeover of Hengda Life, it will also be clear whether there is a "trick" in Hengda’s operations before the thunderstorm.

So far, although it is still doubtful whether Xia Haijun and others have been controlled, Hengda’s old reform and financial traders have been controlled by relevant departments, and Xu Jiayin has been forced to take coercive measures. The regulatory authorities’ disposal of Hengda has entered the final stage.

In addition, it is worth noting that on the evening of August 14, the introduction of Xu Jiayin’s wife Ding Yumei in the notes to Evergrande’s announcement changed from "Mrs. Xu" to "Ms. Ding Yumei". With the progress of Evergrande’s disposal, the hidden feelings behind this marriage may also come to light.

02

Under the drastic changes in the fortunes of the core personnel, Evergrande’s business has also been affected.

Of course, for Evergrande, whose total liabilities 2.40 trillion, it is difficult to make any progress in the specific business. Evergrande’s most important "business" before is workout.

But it is precisely because Hengda’s debt hole is too large and difficult to return, and it is also difficult to promote the workout business. Since the beginning of this year, except for a few positive times, Hengda has faced the debt problem in a "flat" way.

According to public information, as of the end of July, Hengda Real Estate involved more than 30 million yuan in pending litigation amounts totaling 437.743 billion yuan, due unpaid debts of 2775.01 billion yuan, and overdue commercial tickets totaling 207.50 billion yuan. At present, Hengda Real Estate has more than 600 pieces of information on the person subject to execution, and the total amount of execution exceeds 55.70 billion yuan. In addition, there are many restrictions on consumption orders, dishonest persons subject to execution (Lao Lai) and final case information.

Under such pressure, on the evening of July 17, Evergrande reissued its 2021 and 2022 annual reports, which had been difficult to produce for two years, allowing the outside world to get a glimpse of Evergrande’s business in the past two years.

Xu Jiayin enters the end game

Financial data show that the past two years Hengda total net loss of 812 billion yuan, as of the end of last year, the company’s total debt 2.43741 trillion yuan, excluding contract liabilities for 1.71639 trillion yuan.

Even if the above figures make people gasp, investors are still willing to believe that this is a positive to some extent. After all, the issuance of financial reports is an important precondition for Evergrande’s stock to resume trading. In addition, Evergrande filed for bankruptcy protection in the United States on August 18, which is also seen by the outside world as the latest progress of Evergrande’s workout.

Therefore, although Hengda shares fell by nearly 80% on the first day of resumption of trading on August 28, with the restructuring seeming to be progressing and the introduction of multiple favorable policies in the real estate market, Hengda’s share price rose by 327% from the low point on the day of resumption.

But as Hengda executives were investigated one after another, the overseas workout review meeting was announced to be put on hold, and Hengda’s share price fell again. On the afternoon of September 27, after the news of Xu Jiayin’s residential surveillance broke, Hengda stocks collectively fell, and China Hengda, which had risen 14% in early trading, closed down 18.99% at HK $0.32, almost all of its previous gains.

According to media reports, after the workout meeting was put on hold, some overseas creditors of Evergrande Group said that if Evergrande could not propose a new workout plan before October 30, they would apply for liquidation.

03

As executives are being investigated one after another, the outside world is most concerned about when and how the lid on Evergrande’s fate will be opened.

The aforementioned industry insiders believe that Evergrande’s fate is likely to surface one step ahead of Xu Jiayin and other executives. He believes that whether it is by Evergrande itself, or through the cooperation of local governments, platform companies, asset management companies and other entities, after a clear and appropriate solution is formed on issues such as the protection of the building, the management may be held accountable. How to pursue it may also refer to their cooperation in the whole incident.

Xu Jiayin enters the end game

Overall, compared with Xu Jiayin’s personal fate and the fate of Evergrande, the current more urgent is the fate of the owners of Hengda’s unfinished building.

Now even Xu Jiayin and other senior executives have been investigated one after another, which either means that the relevant matters have been identified, or it means that the relevant departments no longer believe that Xu Jiayin has the will and ability to solve the relevant problems.

In fact, with the successive introduction of favorable policies, there has been much progress in risk management for housing enterprises other than Hengda.

On September 19, Sunac China’s overseas debt restructuring plan was passed with a high vote, and Sun Hongbin, who had been burnt out, passed the risk. Since September, Sunac’s share price has also recovered.

The next day, Country Garden’s 15 billion yuan domestic debt was successfully extended, and in early September, Country Garden paid two US dollar debt coupons in time for the grace period deadline to avoid substantive default.

On September 15, Sino-Ocean Group also announced that it would start a comprehensive restructuring of overseas debt, and said that the company has not defaulted on any open market, and the coupons on domestic corporate bonds and overseas US dollar bonds have been successfully extended, and the extended domestic corporate bonds will be repaid on time.

Under the support of policies, real estate companies such as Sunac and Country Garden have not yet completely escaped danger, but they have the ability to resolve risks independently. However, at present, whether in terms of attitude or ability, Evergrande is obviously an exception.

Coincidentally, Ren Zeping, an economist who once worked for Evergrande, published an article entitled "Real Estate Policy is Entering a Historic Turning Point" through WeChat’s official account "Zeping Macro" in the early morning of the 27th when Xu Jiayin was exposed to residential surveillance. The article mentioned that "it is time to optimize and adjust real estate policy".It is recommended to establish a real estate rescue fund by compacting the local main responsibility and supporting financial instruments to support the stability of the property, and to support high-quality real estate enterprises, especially private real estate enterprises, and support AMC and other mergers and acquisitions in the industry.

In fact, the "dismemberment" of Evergrande has been quietly carried out.

On the evening of September 27, Shengjing Bank (HK.02066) announced that it plans to sell some credit assets in accordance with laws and regulations, and the purchaser is Liaoning Asset Management Company.

Shengjing Bank used to be Evergrande’s "shadow bank", while Liaoning Asset Management Company is mainly engaged in the bulk acquisition and sale of non-performing assets of financial enterprises, which is controlled by the Liaoning Provincial Department of Finance.

There is not much time left for Evergrande.