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Comment on the failure of the world economy？ What ＂prescription＂ can G20 China Bank find？

The G20 Hangzhou Summit is just around the corner. At the press conference of the G20 Summit held today, the two "ones" mentioned by Vice Minister of Finance Zhu Guangyao became the focus of many media reports.

A judgment:

Zhu Guangyao said that the world economy is in the process of recovery, but the uncertainty is increasing and the downward pressure is increasing.

One explanation:

In response to international views that China’s de-capacity has affected some countries, Zhu Guangyao responded that,China is the first major economy in the world to take action to remove excess capacity, and it is also the economy with the strongest policy. At the same time, China insists on promoting capacity reduction according to market principles.For example, the establishment of bankruptcy courts is being gradually promoted nationwide.

Zhu Guangyao believes that looking around the world,The most fundamental reason for overcapacity is that structural problems are more prominent in the context of the global economic downturn.Therefore, it is necessary for the international community toForm a consensus and act togetherLess accusations, more cooperation, less empty talk and more actions on the issue of de-capacity are crucial to global economic governance.

As Minister Zhu said, the current global economy is facing the world problem of slow growth and obvious lack of motivation. However, the world economy and international economic cooperation have reached an important turning point. In this context, all parties have high expectations for the G20 Hangzhou Summit and hope that G20 can play a leading role.

So, what "prescription" can G20′ s trip to China prescribe for the depressed world economy? How will countries join hands to get out of the predicament faced by the world economy?

Cctv review

Medium and low speed growth — — The new normal of global economic operation

At present, while the global economy continues to recover, it also faces the risk of further slowdown in economic growth.

On the one hand, due to the slow improvement of total factor productivity in major economies, the weakening of the pulling effect of technological progress on the economy and the increasingly prominent institutional contradictions in various forms, the global potential economic growth rate has continued to decline.

On the other hand,Overcapacity has become a global problem, and structural problems have become the key factors that hinder the strong, sustainable and balanced growth of the global economy.

According to the latest forecast data of the International Monetary Fund, the global economic growth rate in 2016 was 3.1%, which was 2.6 percentage points lower than that in 2007 before the crisis. Low-and medium-speed growth has therefore become the new normal of global economic operation.

At the same time, the global public and private sector debt risks continue to accumulate, the growth of international trade continues to be sluggish, and the growth momentum of international investment is obviously insufficient, which leads to the narrowing of policy space in various countries. In some countries and regions, the severe and complicated geopolitical situation has also become an unstable factor in the global economy, and further pushed up the risk of global economic operation.

G20: Tackling Global Economic Challenges with Pragmatic Actions

In order to cope with the new situation and new problems facing the global economy and promote "building an innovative, dynamic, coordinated and inclusive world economy", the G20 ushered in the 11th Leaders’ Summit.

△ Hangzhou, West Lake Fireworks, the last G20 rehearsal before the West Lake was completely closed.

Leaders of G20 members, leaders of representative regional powers and heads of important international organizations gathered in Hangzhou to discuss strategies and action plans to tap the potential of economic growth and reform the economic structure, and to promote the formulation of the "Hangzhou Action Plan" to turn the global economic governance concept reached by members into "concrete actions". Because of this,Dealing with global economic challenges and promoting global economic growth with pragmatic actions has become one of the most prominent features of the G20 Hangzhou Summit.

G20: Tapping New Driving Forces for Growth

In terms of innovative growth modes, G20 pays attention to tapping new growth drivers, and promotes the formulation of innovative growth blueprints, innovative action plans, new industrial revolution action plans, digital economy development and cooperation initiatives, thus giving new vitality to the global economy and allowing people of all countries to share the benefits brought by global economic growth.

In promoting the strong recovery of international trade and investment, G20 pays attention to the liberalization and facilitation of trade and investment, and promotes the formulation of global trade growth strategy and guiding principles of global investment policy.

G20: Implementing the International Consensus on Development

In promoting inclusive and coordinated development, G20 pays attention to the implementation of international development consensus, promotes the formulation of an action plan to implement the 2030 Agenda for Sustainable Development, and supports the industrialization process in Africa and the least developed countries. The G20 Hangzhou Summit also formulated corresponding operational action plans for promoting structural reform and the early entry into force of the Paris Agreement on climate change.

B20 "Ensemble" G20 proposes practical solutions for global economic growth.

The G20′ s pragmatic actions are not only reflected at the government level, but more importantly, at the enterprise level.Through the platform of G20 Business Summit (B20), business people from all countries have put forward more practical plans for the long-term growth of the global economy, and will create a better development environment and opportunities for enterprises.

For example, in the policy suggestion report, B20 put forward a series of practical suggestions, such as implementing the G20 smart innovation initiative, developing the green investment and financing market, establishing the World Electronic Trade Platform (eWTP), promoting the integration of small and medium-sized enterprises into the global value chain, and accelerating the ratification and implementation of the Trade Facilitation Agreement. This will not only help to fully mobilize innovative resources at all levels around the world, but also allow more private sectors to join the government’s action plan; It is also helpful to lay a solid micro-foundation for G20 to solve the challenge of global economic growth.

Wen Wei, CCTV commentary special contributor Xu Xiujun

The author is the deputy director of the International Political Economy Research Office of the Institute of World Economics and Politics, Chinese Academy of Social Sciences.

Housework undertakes the mission of moral education

The general offices of the General Office of the Central Committee of the CPC and the State Council recently issued the Opinions on Further Reducing Students’ Homework Burden and Off-campus Training Burden in Compulsory Education, emphasizing that schools and parents should guide students to do housework as much as they can after school. This is a very important measure to promote the work of "double reduction", and housework is the core carrier and important starting point of family education, which contains great moral education value. Participating in housework plays a positive role in promoting the formation of excellent moral character of primary and secondary school students, accompanying their growth process and having an important impact on their future life development.


Housework helps students improve their personality. Participating in housework is the starting point for primary and secondary school students to know and be familiar with the living environment. Primary and middle school students can know themselves through housework, establish their relationship with others and the world, so that they can gradually establish their sense of order, responsibility and accomplishment, and then improve their personality.


Housework brings a sense of order. Sense of order is a kind of self-control ability, and it is also a kind of rule formation, which helps the self to establish an organic connection with the surrounding things. Everyone has a natural sense of internal order, and the process of primary and secondary school students participating in housework also contains the elements of "order". When they resonate at the same frequency and are integrated, the inner sense of order of primary and secondary school students will be further maintained and consolidated, thus promoting the formation of healthy personality and good habits.


Housework brings a sense of responsibility. Cultivating children’s sense of responsibility and obligation is the core issue of moral education. Primary and secondary school students’ participation in housework can eliminate their dependence on their parents and enhance their sense of responsibility.


Housework helps students sharpen their character. "Sweep, respond, advance and retreat" is a consistent tradition of ancient family education. In the Analects of Confucius, Zi Xia once said: "Although there is a trail, there must be a considerable person." Education starts from a small place, which is the spirit of knowing from a small perspective. Housework represented by "sweeping" is the two-way interaction and cooperation between parents and children, which can teach them the ethical relationship and moral norms of standing in the world and treating others.


Housework makes father and son related. Learning to be grateful, housework can make primary and secondary school students feel the hard work of their parents and learn to care and understand their parents. Only when parents let their children participate in housework, can they feel the happiness of being rewarded after giving, and can they feel the kindness of their parents, thus forming an intimate and harmonious parent-child relationship.


Housework keeps the young and the old in order. Children have a natural dependence and admiration for their parents, and they think their parents are role models. If primary and secondary school students get the support of their parents and complete a piece of housework, they will have respect for their parents. Similarly, the same is true for other elderly relatives and elders. In a subtle way, primary and secondary school students form an orderly ethics and morality, and form a harmonious interpersonal relationship in dealing with others.


Housework helps students achieve themselves. Family links individuals and society, and undertakes childhood and adulthood. The ethics and order norms formed in family work can be transferred and extended to social life, laying the foundation for the independent life of primary and secondary school students after they become adults. As the saying goes, "what is done is done from the inside, but it is famous for future generations".


Housework leads the value orientation. Although housework is small, it is the earliest form of labor for children. Primary and middle school students get the fruits of labor through their own efforts, such as neat desks, delicious meals, clean clothes or some pocket money, which will make them realize the true meaning of "labor creates wealth", thus accepting and gradually enjoying the bitterness and fatigue in the labor process, sublimating it into spiritual pleasure, and gradually establishing the value concept of "labor is the most glorious, noble, greatest and beautiful".


Housework cultivates innovative spirit. Housework is an effective way to train the innovative spirit of primary and secondary school students, because it is a task that needs independent thinking and action to complete. Primary and secondary school students will judge in advance, try to overcome difficulties and finally achieve their goals when facing the goals and tasks. This process needs the guidance of parents, but also needs to make their own decisions, which provides a platform for them to develop their thinking, exercise their ability and cultivate their innovative spirit.


Housework cultivates the feelings of home and country. Confucianism has the idea of self-cultivation and family management, and self-cultivation and family management begin with themselves and their families. For primary and middle school students, taking part in housework is to lay the ideological and action foundation for building the country in the future. To serve the family is to serve the country and the people. If even a small room can’t be properly managed, how can there be a lot of trouble and planning to deal with major events?


Housework is the link for primary and secondary school students to complete the transformation from naturalness to sociality, and it is the beginning of their life. The moral education value contained in housework will help primary and secondary school students develop in an all-round way and grow into pillars, thus better serving the society and building the country.


(The author is from the Marxist College of University of Science and Technology Beijing, and this article is the achievement of the key research project of philosophy and social sciences of the Ministry of Education, "Research on the Inheritance and Development of Chinese Traditional Virtues" [19JZD034])

China Education News, 8th edition, November 18th, 2021.　

German Nano： On May 9, it was financed to buy 15,216,300 yuan.

() According to the data center, () on May 9, it was bought by financing of 15,216,300 yuan, accounting for 24.31% of the purchase amount on that day. The current financing balance is 539 million yuan, accounting for 7.36% of the circulating market value, which is lower than the historical 10% level.

Transaction date Financing purchase amount Financing repayment amount Financing balance 2025-05-09 15216279.00 15127629.00 538984464.00 2025-05-08 41601731.00 32701533.00 538895814.00 2025-05-07 13595575.00 14817467.00 529995616.00 2025-05-06 17034776.00 24910726.00 531217508.00 2025-04-30 15641108.00 37641564.00 539093458.00

In terms of securities lending, German Nano repaid 0 shares in securities lending on May 9, and sold 0 shares in securities lending. According to the closing price of that day, the selling amount was 0 yuan, and the balance of securities lending was 43,700, which was lower than the historical 10% split level.

Transaction date Selling amount of securities lending Margin repayment margin balance 2025-05-09 0.00 0.00 43650.00 2025-05-08 0.00 0.00 44565.00 2025-05-07 0.00 0.00 43200.00 2025-05-06 0.00 0.00 43185.00 2025-04-30 0.00 0.00 42030.00

To sum up, the current balance of financing of German Nano is 539 million yuan, up 0.02% from yesterday, and the balance of financing is lower than the historical 10% level.

Transaction date Securities abbreviation Changes in margin financing and securities lending margin balance 2025-05-09 Defang nano 87735.00 539028114.00 2025-05-08 Defang nano 8901563.00 538940379.00 2025-05-07 Defang nano -1221877.00 530038816.00 2025-05-06 Defang nano -7874795.00 531260693.00 2025-04-30 Defang nano -21999586.00 539135488.00

Note 1: If the financing balance increases for a long time, it means that the investor’s mentality is biased towards the buyer, and the market is a strong market with strong popularity, otherwise it is a weak market.
Note 2: Buying amount = actively buying extra large single amount+actively buying large single amount+actively buying small single amount.

Country Garden： Another wave of regional presidents left.

Once the bearer of the real estate industry and the originator of high turnover, it is now troubled.

Recently,Country Garden has added a number of shares freeze information.Total number of enterprises whose shares have been executedFreeze equity over 10 billion yuan. In addition, the company also has information such as the executor and the consumption restriction order.

In this regard, Country Garden’s response is:The stock right freeze involves cooperation projects of regional companies.Due to the dispute between Country Garden and the partner in cost calculation and pre-distribution of profits, the partner applied to the court for property preservation. Such disputes are normal commercial disputes, and the court has not yet made a final judgment. The frozen equity value is not the same as the disputed object, and the company is ready to raise an objection to the excessive preservation of the partner.

In addition, in February this year,Ever Credit Limited filed a lawsuit with the Hong Kong High Court on February 27th, 2024.put forwardLiquidation petition against Country Garden, which deals with unpaid term loans with principal of about HK$ 1.6 billion and accrued interest between the petitioner and the company.

To sum up, both partners and debtors are not optimistic about Country Garden.

In fact, Country Garden has been actively promoting in order to cope with changes in the market environment and cope with high debts.

1、continuouslylandStrategic contraction, from 106 regional companies to 21 regional companies now.

2. Layoffs and salary reductions. Every year, we are constantly optimizing and adjusting talents and actively reducing labor costs.

3. sell assets. For example, in August 2023, Country Garden sold 1.29 billion Asian Games Town to China Shipping Real Estate; In January 2024, five projects in Guangzhou were packaged and planned to be sold for 3.818 billion yuan.

4. Give yourself blood transfusion. Yang Huiyan provided 5.5 billion interest-free loans, and it was rumored that private jets were sold to pay off debts.

Of course, although Country Garden has taken a lot of debt repayment measures, it is still a bit of a drop in the bucket for the huge debt of 1.3 trillion yuan.

Many people will question: Country Garden has occupied the first place in the real estate sales list for many years, with sales of 500 billion yuan for many years. For example, Country Garden’s 2019 annual report shows that Country Garden’s operating income reached 485.91 billion yuan, gross profit was about 126.64 billion yuan, and year-on-year net profit was about 61.2 billion yuan. Where did the money go?

I don’t know exactly where I went, but the boss and some senior executives took a lot anyway.

For example, since Country Garden went public, the Yang family has accumulated.Dividends were divided into 42 billion yuan., from Country GardenService dividends exceeded 1.5 billion yuan.. In addition, Yang’s family also receives a high annual salary from Country Garden. For example, in 2021, Yang Guoqiang, his second daughter Yang Huiyan and his third daughter Yang Ziying received an annual salary of 23.728 million yuan, 15.763 million yuan and 24.357 million yuan respectively, totaling 63.848 million yuan. According to statistics, the Yang family has accumulated from Country Garden.The salary is 667 million yuan.

Of course, Country Garden executives are also highly paid, for example, the president.Mo BinIn 2021, the total salary was 190 million yuan, and vice presidentLiang guokun129 million yuan in 2019 and so on.

It also includes regional presidents who used to earn hundreds of millions of dollars a year: former vice president of Country Garden Group and regional president of Jiangsu.Liu senfengIt has been widely reported that he is the first regional president in the history of real estate to get an annual salary of 100 million yuan.

In other words, Country Garden once had 106 regions and 106 regional presidents, not including the vice presidents at the group level and the vice presidents below the regions. These are people with an annual salary of 10 million.

With the regional adjustment and reform of Country Garden, there are only 21 regions from fission to reduction. Many surplus regional presidents, who have connections and backgrounds, are transferred to the group headquarters and other business sectors, and the remaining regions are always reduced to regional vice presidents and regional executive presidents, or marginalized and choose to leave.

I have also written many articles about Country Garden before (there are links related to Country Garden below), and I have also said that the regional presidents of Country Garden have left their jobs one after another.

Recently, I heard that some regional presidents of Country Garden have left.

Xiao Hongzhang: Former President of Country Garden Henan Central Region

Xiao Hongzhang graduated from Hunan University with a bachelor’s degree in architecture. After graduation, he joined Guangdong Architectural Design and Research Institute. In September 2013, he joined Country Garden Group. He first worked for Country Garden Design Institute, then joined Country Garden Real Estate, and served as the regional design director and chief designer in southern Henan. In 2020, Country Garden once again split the region and became the president of central Henan.

Qi Aihong: Former President of Country Garden Inner Mongolia Region

Qi Aihong graduated from Shijiazhuang Institute of Economics with a bachelor’s degree in investment economic management. After graduation, he joined Foshan Dongjian, Evergrande Real Estate, Wanda Real Estate and other companies. In June 2014, he joined Country Garden Group as the general manager of the cost management department of the group, and then transferred to a regional company, successively serving as the regional president of southwest Henan and the regional president of Inner Mongolia. After the regional merger in 2023, he was transferred to Country Garden Kejian Group as the general manager of the company’s marketing and the general manager of the region.

Lan Yi: Former President of Country Garden Huizhou Region

Lan Yi graduated from Southeast University with a bachelor’s degree in engineering management. After graduating in 2007, he joined Country Garden Group, also known as Guan Peisheng of Country Garden. After growing from a civil engineer to a general manager of the project, he began to be independent, and successively served as the executive president of Guangqing District, the general manager of Shaoguan City Company, the president of Shaoguan District, the president of Southwest Sichuan District and the president of Huizhou District.

None of the above three are future leaders, and they all grew up step by step in Country Garden. It can be said that their foundation is still relatively solid.

It is also a hero of the times. At the beginning, Country Garden’s wanton expansion and regional fission were selected by the group as the regional president, which was also a manifestation of its ability.

However, with the deterioration of Country Garden, many people have begun to choose to leave, not because they are disloyal to Country Garden and unwilling to play for it, but because there are really not so many places in Country Garden.

You can have a better choice when you leave Country Garden.

For example, previously reported Country Garden executives teamed up to go to Hailiang Group:

Zhao Ran: Former President of Country Garden Guixi Region, joined Hailiang Group.The assistant president is in charge of the customer center.

Pang Xiaoyun: Former President of Country Garden Zhaoqing Region, joined Hailiang Group as Assistant President.

Zhang Jiansheng: Former President of Country Garden Ningxia Region, joined Hailiang Group as the rotating president of Hailiang Mingkanghui Ecological Agriculture Group.

Zhang Mingzong: Former President of Country Garden in East Anhui, joined Hailiang Group as Assistant President and co-president of Mingjuhui Ecological Agriculture Group.

Peng Long: Former President of Country Garden Southwest Yunnan, joined Hailiang Group as Assistant President of the Group, Assistant President of Shares and Dean of the Research Institute.

With the extinction of Country Garden Group, more and more regional presidents will leave Country Garden, and once thousands of doctors and ten thousand project general managers will also be scattered with the wind.

Although high turnover has brought rich returns in the short term, with the continuous rise of debt, when the bubble bursts, it will be a disaster for both the company and employees.

GCL was investigated by 57 institutions： In 2021, many wind power projects prepared and acquired by the company were put into operation (with survey questions and answers).

　　() The Record Form of Investor Relations Activities was released on May 12, and the company was investigated by 57 institutions on May 10, 2022. The types of institutions are insurance companies, others, fund companies, overseas institutions, securities companies and sunshine private equity institutions.

　　The main contents of investor relations activities are introduced:

　　1. Fei Zhi, managing director of the company, introduced the company’s performance in 2021 and the first quarter of 2022 and its future development strategic plan. The senior management team had an interactive exchange on the company’s business and financial situation.

　　Second, the main content of investor interaction

　　Q: The company has entered the mobile energy business for more than a year since March last year, and its market influence is very great. Please introduce the overall development strategy of the company’s mobile energy business?

　　A: Since the first half of last year, the company has vigorously developed the mobile energy business, innovatively created the business model of mobile energy digital energy, with vehicles as the energy carrier, batteries as the core resources, and Hong Kong as the infrastructure. Relying on the company’s deep-rooted industrial layout and scientific and technological strength of the energy industry, it has built an ecological closed loop of green electricity, Hong Kong station, vehicles, batteries and energy storage, and jointly developed new energy vehicles in customized operation fields to integrate transportation resources. It provides electric vehicle charging service, battery life cycle management, commercial operation of charging and replacing power stations and mobile digital energy platforms, and is committed to providing convenient, economical and green integrated solutions for electric travel.

　　The company will cover the replenishment application scenarios of new energy vehicles, such as heavy trucks, logistics vehicles and online taxis, by digitally aggregating energy flow, information flow, capital flow, user flow and vehicle flow, and integrate the resources of automobile enterprises, battery enterprises, logistics enterprises, travel platforms and other industries and government resources, and carry out in-depth cooperation in all directions, with emphasis on North China, South China, East China, Southwest China, Lu Yu and Hubei.

　　In terms of products, the company will build an intelligent iterative product system with high efficiency, high compatibility and modularity of software and hardware, and create a product spectrum of heavy trucks, light trucks, passenger cars and energy storage products. In terms of platform, the company solves the pain points of service convenience and operational efficiency through digital drive, and builds an efficient and intelligent transportation energy ecosystem.

　　Q: Concerned about the continuous growth of the company’s performance and changes in its structure since its listing three years ago, can you introduce the composition of the relevant structure and some main factors, as well as relevant measures to improve its operating performance in the future?

　　A: Affected by multiple factors such as the epidemic situation, the implementation of the "double carbon" policy, international inflation and the energy crisis, the supply of coal and natural gas is tight, and fuel prices have entered an upward cycle, hitting record highs. Under the severe pressure of high fuel cost, the company’s clean energy business is generally under pressure in the industry. Under the background of large-scale losses in Daquan industry, the company also achieved a net profit of 1.004 billion yuan in the reporting period of 2021, a year-on-year increase of 21.8%. Since the backdoor listing in 2019, the performance has maintained steady growth for three consecutive years, and the compound growth rate of net profit for three years is as high as 44.6%. It should be said that it is not easy to get grades.

　　Facing the unfavorable external market environment, the company continuously optimizes its assets and business structure, and actively deploys renewable energy sources such as wind power that are not restricted by the fuel market price. In 2021, a number of wind power projects prepared and acquired by the company were put into operation. As of December 31st, 2021, the total installed capacity of the subordinate operating power plants controlled by the company was 3,777.44MW, of which wind power was 832.30MW, up nearly 60% year-on-year, and the installed capacity increased from 14% at the end of 2020 to 22%. The growth of wind power generation has largely compensated for the negative impact caused by rising fuel prices. At the same time, for the cogeneration projects of the company, which depend heavily on fuel costs, the company actively communicates with local price supervision departments and heat users, and transmits some pressure of rising costs to the downstream through mechanisms such as coal-heat linkage and gas-steam linkage. In addition, the company also actively adjusts its business strategy according to the fluctuation of fuel prices, optimizes the operation mode of units, and ensures the stability of operating profits to the greatest extent.

　　With the introduction of various measures such as increasing production, ensuring supply and stabilizing prices, as well as the control of the "double carbon" target and the formal implementation of carbon asset trading, fossil energy consumption will gradually decrease, and the tight balance between coal supply and demand will be effectively alleviated, and coal prices will surely fall from a high level and stabilize. On the other hand, with the easing of the situation in Russia and Ukraine, Russian energy supply will gradually return to normal. At the same time, the Russian implementation of increasing the annual supply of 10 billion cubic meters of natural gas to China and the completion and operation of domestic coastal LNG storage and transportation stations will gradually improve the storage and transit capacity, which will also effectively alleviate the domestic natural gas shortage and the natural gas price will also show a gradual downward trend. Therefore, the company believes that the current high fuel price is unsustainable, and will gradually return to the normal level in the future, and the company’s performance will also return to the level of steady growth.

　　In 2021, the company’s non-recurring gains and losses were mainly the investment income from the disposal of some subsidiaries’ equity. Since 2016, the company has invested heavily in the development of various clean energy projects such as wind power generation, garbage power generation, gas turbine cogeneration and so on. While the progress of investment and development is accelerating and the project reserves are increasing, the company comprehensively considers the reasonable level of asset-liability ratio, and formulates a differentiated project profit model according to different project conditions and business strategic planning.

　　After the development and construction of the power station is completed, it is a business model with reasonable commercial purpose and very common in the industry, which is derived from the company’s main business (power station investment and operation). Based on the company’s deep-rooted industry experience in the field of clean energy for many years, the company has a strong "development-investment-construction" ability, and can complete the investment and construction of the project at a lower cost and at a faster speed under the premise of ensuring compliance, and comprehensively judge whether the project is self-sustaining or transferred according to market conditions, overall debt ratio control of the company, return on investment of the project and other factors. As an important part of the company’s clean energy business strategy, the "development-construction transfer" mode of power station has become a normal business that the company will continue to promote in recent years and in the future.

　　In 2022, with the overall layout of the company’s mobile energy business put into operation, it is expected that the mobile energy business will have a corresponding scale and profit in the annual operation of listed companies. Based on the annual planning of clean energy and mobile energy business, the company has confidence in its operation in 2022.

　　Q: The market is very concerned about the company’s entry into the power exchange track. In terms of mobile energy, please introduce the business model, profit model and main composition of profit sources of the company’s power exchange business. What is the gross profit margin? How to improve the future profitability planning?

　　A: At present, the profit path of power exchange station operation in the market is mainly through power exchange operation, and the power exchange service fee is charged for profit. In addition, the company’s profit source will also rely on the power exchange operation to carry out R&D and customization of power exchange equipment, customization of power exchange models, battery banking, vehicle aftermarket, APP online mall and other businesses. At present, R&D and customization of power exchange equipment has become one of the important sources of revenue and profit. Through the design and development of commercial vehicle product lines (including heavy trucks, construction machinery and light trucks), passenger vehicle product lines and energy storage product lines, the company can realize charging technology licensing fees to third-party foundries.

　　The gross profit of power exchange operation is about 20%, and the Mao Lijiao of power exchange products is high, which can reach 40-50%.

　　There are mainly the following ways to improve the profitability of power station operation:

　　Reduce the cost of equipment, and reduce the price of power exchange equipment by 50% through self-developed equipment and entrusted OEM;

　　Centralized purchase of batteries and vehicles: sign a framework agreement with the main engine factory to reduce the cost of batteries and vehicles through centralized purchase, or leave the profit space in GCL;

　　Reduce the power cost: reduce the power cost through distributed photovoltaic/wind power supply, centralized electricity collection, energy storage and orderly charging, and guide drivers to change power at different peaks through time-sharing pricing strategy;

　　Reduce labor costs: through the development of intelligent operation and maintenance system, with the help of station technology, APP technology and the connection of data with vehicles, reduce the number of personnel and labor costs;

　　Reduce the rental cost of the venue: through the cooperative partners with resources, carry out batch negotiation and win-win cooperation to reduce the rental cost. At present, cooperation agreements have been signed with cooperative units such as Jiangsu Electric Power and Guangzhou City Investment.

　　Reduce the construction cost: standardize the project, lock the engineering quantity, and reduce the project cost through centralized bidding and procurement of cables and box transformers;

　　Improve the utilization rate of power exchange station: mainly control the proportion of stations, guide drivers to change power at different peaks in cooperation, change drivers’ shift habits, increase the number of single-station service vehicles, reduce queuing time and improve the utilization rate of stations.

　　Q: The company has paid dividends in cash for two consecutive years since its reorganization and listing in 2020, and attaches great importance to the sharing of dividends and profits among all shareholders. Please introduce the relevant dividend arrangement and dividend plan.

　　A: Since the backdoor listing, the company has attached great importance to investors’ returns. After filling up the losses of the original backdoor listed company in the first year of listing, it has paid cash dividends for two consecutive years. In 2021, the amount of dividends distributed increased by 33% compared with the first dividend, and the overall dividend distribution increased by 60%. Focusing on the long-term and sustainable development, the company comprehensively considered the company’s actual situation, development strategic planning and industry development trend, and established a scientific, sustainable and stable investor return planning and mechanism in accordance with the Company Law, the Securities Law and the relevant regulations of China Securities Regulatory Commission and Shenzhen Stock Exchange, so as to ensure the continuity and stability of the profit distribution policy.

　　The company’s earnings per share in 2021 was 0.7425 yuan. Based on the latest total share capital of 1,623,324,614 shares, it distributed a cash dividend of 2.00 yuan (including tax) to all shareholders for every 10 shares, totaling 324,664,922.80 yuan, accounting for 38% of the distributable profit at the end of 2021. In the future, the company will continue to pay full attention to the return to investors, maintain the continuity and stability of the company’s profit distribution policy, and take into account the long-term interests of the company, the overall interests of all shareholders and the sustainable development of the company on the premise of complying with relevant national laws and regulations and the Articles of Association.

　　On May 6th, the company’s annual general meeting of shareholders passed the profit distribution plan for 2021, and the announcement on the implementation of equity distribution was released on May 10th. The company will implement dividend distribution according to the regulatory rules.

　　Q: An overall development goal of the company’s mobile energy business in 2022, and how to formulate the development goal plan for the next three to five years.

　　A: The goal of the company’s mobile energy business in 2022 is to build 300 power stations and serve 30,000 vehicles. This year’s epidemic situation belongs to uncontrollable factors. As a result, batteries, vehicles and logistics are now tight, and the company is trying to overcome these factors. The "14th Five-Year Plan" target set by the company at the beginning of the year is to build more than 6,000 power stations to serve more than 500,000 to 600,000 new energy vehicles. According to the current industry development speed, the "14 th Five-Year Plan" may exceed the predetermined target number. When the company enters the field of power exchange, it will give full play to its own advantages and strive to enter the first phalanx on the track to become a head enterprise.

　　Q: The power exchange business has attracted great attention in the commercial vehicle market. At present, other enterprises, such as Guodian Investment and Sanyi, are gradually entering. What market advantages does the company have in this respect and how to lead?

　　A: At present, the commercial vehicle power exchange market is in the initial stage. With the early exploration of leading enterprises in the industry, various boundary conditions and financial schemes in the field of commercial vehicle power exchange have gradually matured, and market participants have also increased. However, given the large market share and space of commercial vehicle power exchange, no enterprise can monopolize the whole market, and the admission of more players can promote the whole industry to become more and more perfect.

　　As an energy enterprise, based on its own power resources and the industry integration ability of third-party operators, the company has been involved in the power exchange ecological chain from the aspects of power exchange standard formulation, power exchange station product development and production, and power exchange operation and maintenance services through more than one year of operation. On the technical level, the company’s power exchange products have multi-vehicle compatibility and intelligent management capabilities of software and hardware; On the financial level, the company has completed the first phase of the carbon neutral fund and raised special investment funds, and has diversified financial response capabilities in vehicle assets, battery asset management and regional investment; In terms of management decision-making, the company, as a rapid approval decision-making mechanism of private enterprises, can quickly judge market opportunities and respond quickly; At the same time, the company has an open and flexible cooperation mechanism, and is willing to develop together with high-quality enterprises in the industry to bring green energy into life faster and more widely.

　　Q: The new installed capacity of clean energy in 2022, and the proportion of plans and formats in the next 3-5 years.

　　A: In 2022, the newly added installed capacity of the company will be about 200MW, including Jiangsu Gaochun gas turbine project, Liaoning Chaoyang wind power project and Anhui Fengtai wind power project. It is estimated that the installed capacity will be about 1000－1500MW from 2022 to 2024, of which wind power projects account for about 50%, gas turbine projects account for about 40%, and garbage power generation and other projects account for about 10%.

　　It is planned that the new installed capacity of the company will be about 2.5GW within five years. The first goal is to expand the scale and increase the installed capacity; Second, the structure should be optimized, and the proportion of renewable energy, especially the proportion of wind power projects, should be gradually increased to enhance the profitability of the company and reduce the impact of fuel price fluctuations.

　　Q: On the clean energy side, the company focuses on the thermoelectric and wind power industries. Specific to these industries, is electricity price market-oriented, and what is the price adjustment mechanism?

　　A: At present, the pricing of the power industry is basically determined by the government. The National Development and Reform Commission and the Provincial Development and Reform Commission generally determine different on-grid tariffs according to various forms of power generation such as photovoltaic, wind power, garbage power generation and cogeneration, and at the same time, they will adjust the corresponding tariffs synchronously according to the changes in the fuel market.

　　Q: What is the completion of the company’s self-developed power station and the follow-up business arrangements?

　　A: According to the current trinity model of automobile, electricity and port, research and development has two aspects:

　　On the one hand, it is the research and development of power station, on the other hand, it is the development of standard battery pack. The two are synergistic, including the development of models that match the battery pack. So far, the company’s power station products can be completely mass-produced at the end of June, including commercial vehicles, passenger cars and logistics vehicles.

　　The characteristics of the company’s power exchange station are obvious. For commercial vehicles and logistics vehicles, based on the standard battery pack, the compatibility of multi-manufacturer models is realized, which provides a high degree of flexibility for the choice of operating models and also plays a key role in improving the efficiency of power exchange operation. At present, the passenger car switching station has also realized the compatibility and adaptation of many models, such as Dongfeng, Liuqi, Geely and Light Orange. The company’s self-developed power exchange port has many core technical advantages, including hardware embedding, intelligent operation and maintenance technology, unattended operation, etc. This system is the first release of the company in the industry.

　　In the development of standard battery packs, the company and car companies have completed the development of logistics vehicles, that is, lateral standard packs. The battery pack is about 86 kWh, and a single pack is 43 kWh, which realizes the interchange of power battery packs between different enterprises and different models. For commercial vehicles, the company has completed the development of 282 kWh battery pack. At present, there are more than 10 commercial vehicles, 4 passenger cars and more than 2 logistics vehicles that can be matched.

　　Q: What’s the progress of the company’s lithium battery materials?

　　A: The company actively responded to the national "double carbon" strategic deployment, quickly cut into the mobile energy track, cooperated with the innovation and development of upstream and downstream industries, expanded lithium battery resources and materials, and ensured the supply of strategic scarce resources such as lithium and phosphorus. The company aims to solve the reliable supply demand of batteries and downstream materials for large-scale power station operation, reduce costs, improve market competitiveness, and promote the rapid and steady development of mobile energy business.

　　In September last year, the company announced to invest in the establishment of Sichuan Hengxin New Energy Technology Center (Limited Partnership), and the company intends to extend its business to the lithium mine and battery materials industry, which are raw materials for mobile energy upstream. At present, we are actively planning and promoting the related transactions of potential investment target assets, and the company will disclose them in time according to the progress of the project.

　　In addition, the company issued an announcement in January this year and signed a cooperation framework agreement with the partners, aiming at locking in the large-scale phosphate rock resources of the target company, ensuring the resources for the company’s strategy of building the world’s leading mobile digital energy technology operator, and contributing to the resource layout and integration of the lithium battery-related industrial chain in the future. At present, the related work of this project is progressing normally.

　　Q: The annual business situation of comprehensive energy services of listed companies and the relevant development plans for 2021 are introduced.

　　A: The company’s comprehensive energy services closely focus on the country’s power market and new power system, and carry out power rationing, zero-carbon energy stations, carbon neutrality, energy storage and other related businesses. The new and innovative energy service business has made great progress in all aspects and laid the foundation for long-term development. At the same time, the integration of various businesses has produced better complementary effects.

　　In 2021, the company’s market-oriented trading service power consumption was 17.26 billion kWh, and the cumulative production capacity of power distribution projects was 1091MVA, a significant increase over the previous year. The company has the first-class qualification of the national "demand-side management service organization", and the user-side management capacity exceeds 13.5 million kVA；; Participated in the demand side response in Jiangsu Province, and the response load exceeded 700MW, up 40% year-on-year; The growth rate of virtual power plants is also very large.

　　On May 8, 2021, the company put into operation the first distribution network project of high-proportion renewable energy demonstration area in China-Jinzhai distribution network project. At the same time, more than 20 energy service projects such as energy storage, distributed energy and microgrid have been put into operation, and the service business of energy stations has been fully carried out. Last year was the first year of the domestic carbon market. The company carried out corresponding research and services such as carbon asset management, carbon asset finance and green electricity trading, and achieved good results. It also carried out basic research on blockchain technology in the field of power rationing and carbon assets, and applied for more than 60 related soft works, which increased the corresponding scientific and technological service capabilities.

　　Q: In terms of finance, will mobile energy companies have battery banking related business in the future, and which manufacturers are willing to engage in related business at present? What is the business model and profit model of corporate battery banking?

　　A: At present, most of the company’s mobile energy business will adopt the separation mode of vehicle and electricity. Many manufacturers and social capital are actively promoting the battery banking business, such as Weineng Battery Assets Co., Ltd., which has been established in Wuhan. The company has discussed with manufacturers, state-owned enterprises, local governments and other parties how to build an open battery asset management platform. At present, it has conducted in-depth communication with more than 10 manufacturers, and the company has announced that it has reached a certain strategic cooperation agreement with large state-owned enterprises such as Guiyang Production Control. The company will cooperate deeply with all parties to realize a new battery management model.

　　The battery asset management company takes battery assets as the core and manages the whole life cycle of the battery through the blockchain cloud platform. Its revenue comes from two parts, one is the revenue from battery rental, and the other is the subsequent utilization, including the cascade utilization of energy storage and dismantling of batteries to obtain the back-end profit. Through the cloud platform, the company comprehensively monitors the battery data, detects the battery status when changing power, improves the battery use efficiency, prolongs the battery life cycle, and thus increases the rental income. At the end of the battery lease period, the company will decide the subsequent utilization plan of the assets according to the battery state, give full play to the battery value, and thus obtain the management profit of the battery assets.

　　Q: The company is vigorously developing clean energy and mobile energy. What is the estimated annual capital expenditure in the past three years? How do the cash flow and debt ratio support the relevant plans?

　　A: The company will invest in clean energy business, including mobile energy business and upstream business, and it is estimated that the investment expenditure will reach 10 billion to 20 billion in the next three years.

　　How to support the above investment expenditure, in addition to using its own cash flow, the company will finance in various ways. The first is financing tools in the capital market, including refinancing tools in the stock market, such as convertible bonds. In addition, the public offering of Reits is booming now, and some assets of the company, such as wind power assets, have advantages in doing Reits. The company is also actively exploring the issue of public offering of Reits this year.

　　The second is to integrate industrial investment funds. The company will continue to expand cooperation with CICC and explore cooperation with other institutions.

　　The third is business cooperation. In terms of business development such as battery banking, the company strengthens cooperation with other business partners, such as cooperation with Guiyang Production and Control, including joint ventures in some fields, and even considers that in the future, mobile energy will be open to franchise and so on.

　　Fourth, there are many investors interested in the emerging business of mobile energy, and the company intends to open its business to a certain stage and conduct equity financing appropriately.

　　Fifth, traditional project financing, especially in view of the relatively stable income and cash flow of clean energy projects, this mature financing model has been used more before. Doing some project financing not only provides a source of funds, but also helps to improve the profitability of the whole project.

　　All the above financing methods can support the company’s business development. Among them, project financing is a partial debt financing, accounting for only a small part of it, so it will not have a great impact on the overall debt ratio. In business activities, the company will consider the impact of investment on the debt ratio in many ways, and some non-recurring gains and losses are formed because the company will screen and sell some projects if the debt ratio is expected to be too high on the premise of investment and considering the impact on the upper limit of the debt ratio.

　　Q: After more than a year’s operation, how is the company’s power exchange business and power business integrated, and in what aspects is the competitiveness improved?

　　A: After a year of exploration, clean energy business and mobile energy business have summed up some successful experiences. They have strong synergy and gradually built one of the long-term core competitiveness.

　　The first aspect of synergy is that clean energy business and large-scale power transaction provide low-cost electricity for mobile energy for power grid. First of all, the country is now carrying out the development mode of renewable energy with source network and storage, that is, connecting the power generation side, power supply side and load side, that is, the user side, which can be understood as the direct power supply mode. Clean energy business can provide low-cost electricity for mobile energy exchange stations, directly reduce costs and enhance competitiveness; Secondly, through the company’s more than 20 sales licenses in the country, the power purchase cost can be directly reduced by purchasing power on a large scale to supply mobile energy exchange stations. The first source network storage is being promoted in Zhundong County, Xinjiang and Inner Mongolia, and the second type of power procurement has adopted this model in the power exchange stations that have been put into operation in Sichuan.

　　The second aspect of synergy lies in the joint development of clean energy business and mobile energy business, which can avoid repeated investment and build a new ecology of "source network and storage". At present, the development of renewable energy power generation business, whether wind power or photovoltaic, needs to be equipped with energy storage power stations, which is currently a national mandatory policy. The power exchange station itself reserves batteries, and there are nearly 20% spare batteries. This spare battery is an energy storage facility. If the company not only produces clean energy in one place, but also builds a mobile energy exchange station, it can avoid repeated investment. Assuming that energy storage facilities are installed in clean energy production, there is no need to add standby power supply in the power station, which can also save investment. In addition, it can cooperate with the original team in the process of project development, construction and operation, and relying on the existing power plant to build a power station can reduce the investment in power access and site rent.

　　The third aspect of synergy is that the cascade utilization of energy storage batteries or power batteries can realize the construction of low-cost energy storage power stations. Mobile energy needs a large number of power batteries, and these power batteries can be used for energy storage power stations after 3-5 years of retirement. General electric power enterprises need to buy batteries when developing energy storage power stations, but for the company, the cost of battery purchase is close to zero. Through the timely use of batteries and the management of the whole product cycle, the clean energy business and mobile energy business can be highly coordinated.

　　The fourth aspect of synergy is that energy production and energy consumption can be connected to help clean energy consumption.

　　In fact, the power exchange station is a power consumption end. After the power system reform reaches a certain level, the company develops clean energy business and mobile energy business at the same time, which is equivalent to combining energy production and energy consumption, which can be used spontaneously and realize a virtuous circle.

　　Q: The annual report and the first quarterly report reveal that the company has built a total of 16 power stations, and 25 are under construction, showing a seasonal rapid upward trend. Just now, Mr. Fei also introduced 300 plans to build a station this year, so it is estimated that the new plan for the whole year from the second quarter to the fourth quarter, and the relevant land acquisition and other approvals involved in the construction of the station are in hand.

　　A: The company’s goal in 2022 is to build 300 power stations, serving about 30,000 vehicles. So far, the internal project reserve through the investment decision-making committee has reached 150. From May, these 150 power stations will be put into construction one after another, and at the same time, they will be linked with car companies. At present, the general construction period of the project is 2-3 months, and another 2-3 months will be used for vehicle climbing. It is conservatively estimated that 50, 100 and 150 power stations will be built in Q2, Q3 and Q4 respectively.

　　Because there are many reserve projects in the early stage, there will be a trend of heavy volume in the follow-up.

　　Q: Has the whole main business been affected by the epidemic this year, and what effective measures have been taken in production and operation?

　　A: This year, the company was greatly affected by the epidemic situation and the energy price of the Russian-Ukrainian war. The operation of some power plants around Shanghai, including the company’s power exchange business, had a significant impact. With the control of the epidemic situation, enterprises are now starting to return to work, and the heating and power generation of the company’s power plants are gradually becoming normal. The power exchange business is also racing against time to catch up with the construction period and bring back the delayed progress. In terms of production and operation, the company rationally adjusts the operation mode according to the demand of downstream enterprises to reduce the unit consumption index, expand fuel procurement through multiple channels and ensure fuel supply. In addition, the company took advantage of the opportunity of production reduction to do a good job in the overhaul and maintenance of the stopped equipment, and at the same time actively strive for subsidies related to the epidemic situation and strive for tax concessions or reductions.

　　The company is trying to overcome the impact of the epidemic and energy prices. On the basis of good business performance last year, the company has confidence in this year’s operation.

　　The main business of GCL Energy Technology Co., Ltd. is clean energy power generation, cogeneration and comprehensive energy services. The company’s main products are power sales, steam sales and color spinning products.

　　Details of participating institutions are as follows:

Name of participating unit Category of participating units Name of participants National Green Development Fund Fund company — Shandong railway development fund co., ltd Fund company — Shanghai securities securities company — Northeast securities securities company — Soochow securities securities company — Orient securities securities company — CITICS securities company — Zhongtai Securities securities company — Avic securities securities company — Huabao securities securities company — Huatai Securities securities company — Guoxin Securities securities company — sealand securities securities company — Open source securities securities company — Deppon securities securities company — Founder securities securities company — Zheshang securities securities company — Southwest securities securities company — Western securities securities company — Caitong securities securities company — Great wall securities securities company — Changjiang securities securities company — Shanghai jiuge investment management co., ltd Sunshine private placement organization — Shanghai yinye investment co., ltd Sunshine private placement organization — Beijing yijiu assets management co., ltd Sunshine private placement organization — Jiangsu Ruihua Investment Holding Group Co., Ltd. Sunshine private placement organization — Shenzhen fruit capital management co., ltd Sunshine private placement organization — Shanghai Life Insurance Company Limited insurance company — Hainan Zhilian Private Equity Fund overseas establishment — 21st century business herald other — GeneralAtlantic — — Shanghai simike investment co., ltd — — Shanghai zhanying enterprise management consultation center — — Shanghai securities news society other — China Xinda asset management co., ltd. Jiangsu province branch — — China Securities Journal other — China Chengxin international credit rating co., ltd — — Minmetals International Trust Company Limited other — Nanjing iron and steel co., ltd other — Guojing capital other — Fushang group other — Anhui Huaxin international holding co., ltd — — The Beijing News other — Sina.com other — Bank of Hangzhou other — Hangzhou jinchengsheng assets management co., ltd other — Jiangyin Huazhong investment management co., ltd — — Zhejiang Jing’ an investment management co., ltd other — Zhejiang shaoxia investment management co., ltd other — Sea silver wealth other — Shenzhen Qian hai Bao sheng Wei ye investment management co., ltd — — Shenzhen dingcheng investment management co., ltd — — The Paper other — First finance other — Lanshan fund — — Securities daily other — Cailian other —

Attract ＂Heilongjiang Ball King＂ to participate! ＂Sports Lottery Cup＂ Chinese Billiards Open was opened in Harbin.

Billiards has always been one of the favorite leisure sports of young people in Ice City after work, and there are countless billiards masters who go out from Harbin. These days in Harbin, a Chinese-style billiards competition with many years of history was held in Harbin, which also attracted many masters including Hou Anan, the king of Heilongjiang, to sign up for the competition.

On November 18th, the 2023 Harbin Sports Bureau, sponsored by the Municipal Billiards Association, and hosted by Heilongjiang Jiuqiu Sports Co., Ltd. and 1980 Billiards Club officially kicked off in 1980 Billiards Club. In the next two days, more than 100 amateur billiards masters from all over the world will compete fiercely for 127 games through single defeat and elimination, and decide the final champion.

Although it is a public billiards competition, this competition has attracted many famous billiards masters including Hou Anan. Due to the adoption of the single-defeat knockout system, this also made the competition brilliant from the first round. In the first round, Hou Anan, who is known as the "King of Heilongjiang Ball", met the challenge of Xu Jiahui, the outstanding female player.

After the start of the game, Xu Jiahui created a lot of trouble for Hou Anan, and according to the rules of the game when a male player meets a female player, Xu Jiahui once occupied the advantage on the field. But through the test of the first two games, Hou Anan found the rhythm and feel of the game. In the end, he beat his opponent by 5:1 and advanced to the next round.

Regarding the holding of this competition, Liu Ye, president of the Municipal Billiards Association, said that billiards has a broad mass base in Harbin, and there are also professional athletes who are still active in the world, such as "Xin Chen Metabolism" (Shi Xin, Chen Bo, Dai Yong and Xie Zhaohui).

"Billiards originated in Europe and is an elegant sport with a history of more than 600 years. With the success of various billiards competitions, this sport has gradually become familiar and loved by more and more people. " Liu Ye said that with billiards returning to the stage of the Asian Games in 2030, this popular sport has also ushered in a brand-new development opportunity.

"I hope that the success of this competition will not only provide a platform for the athletes to communicate and learn from each other, but also provide a good foundation for the city billiards association to absorb fresh blood and cultivate the backbone. We hope that billiards will develop better in Harbin in the future, not only to train more young professional masters, but also to let more and more ordinary citizens participate in it, helping Harbin’s national fitness to continue to’ move, heat up, fire up and get up’. " Liu Ye said.

Harbin Daily reporter Zhang Jian Lei Wen/photo/video shooting and production

Online games are not a place beyond morality： where there is a world view, there is morality.

　　The online game ethics Committee was established a few days ago. The Committee reviewed 20 games on its first shot, and made 11 rectification and 9 disapproval decisions.

　　The news about the Network Ethics Committee is short, but the impact will undoubtedly be enormous.

　　In 2018, the online game industry experienced ups and downs. First, since March, the regulatory authorities have closed the record and approval of game version numbers, and blocked a number of games that are already on the road. Games that have been put on the shelves, such as "Survival of the Jedi", cannot be approved for fees, and are in an embarrassing situation of "unable to generate income". Then in April, the Ministry of Culture and Tourism conducted a centralized law enforcement inspection on the online game market. After the middle and late August, the regulatory authorities once again closed the green channel left when the game version number was closed in March, and the Monster Hunter World, which had been put on the shelves for trial operation, was taken off the shelves, and the approval of more games on the shelves became far away. Now, the online game ethics committee has been established and rectified … … The low pressure is approaching the chaos in the online game industry, and winter has arrived.

　　E-sports ≠ Online games, playing games still need to prevent addiction

　　When IG won the championship, many "Internet addiction teenagers" were so excited that they thought it was time to clear the name of the game. However, supervision has not changed anything because of the victory of a team, and it is even stricter.

　　After all, e-sports and playing games cannot be confused after all. Real e-sports is by no means as simple as entertainment. The training requirements of professional players are completely different from those of daily playing games, not to mention the huge capital operation behind it, which is even more unimaginable.

　　"Moderate games are good for the brain, while indulging in games is bad for the body", which is the word that appears on all game login screens in China. Compared with studying hard and working hard to win the respect of the people around you, it is obviously easier to be "a wave of operation is fiercer than a tiger", to be a "great god" and to be at the forefront of the leaderboard, and to "fly with your teammates". In addition, online games not only have reward mechanisms, but also have endless new ways of playing, which constantly promote and increase the stickiness of old players and attract new players. "Online game addiction" has become the hardest hit area of "Internet addiction".

　　The online game "anti-addiction system" and parental management authority have been online for a long time in some games, but the effect is still not satisfactory. False identity registration, registration of multi-number rotation games and other methods can often easily bypass the anti-addiction system. Not to mention the online game products of some small companies, "anti-addiction" is often just a show.

　　Strict management is for better development. At present, the online game industry seems to be caught in a vicious circle of negative effects. On the one hand, the industry needs to develop, and the game needs players; On the other hand, control should be strengthened to prevent netizens, especially young netizens, from indulging in it. To eliminate these negative externalities, we must take a multi-pronged approach and constantly improve detailed management regulations and laws and regulations to make the game industry embark on the road of healthy development.

　　"Rule by virtue" is inevitable, and online games are also in the world.

　　After reviewing 20 items, rectifying 11 items and 9 items were not approved, the first fire of the online game ethics Committee was not small, which also indicates that the chaos in the online game industry caused by extensive management in the past will gradually be changed in the constraints.

　　Some netizens asked where morality should start for games in the virtual world. However, we must recognize that even if it is only a game to kill time, it still has the "moral attribute" of practical significance.

　　The vulgarity, blood, violence, pornography and gambling nature of online games have always been a difficult problem for many young parents. These game settings, which are contrary to the correct moral values of society, can easily exert a subtle influence on the values of players, especially young players with immature minds. However, often these negative elements are more attractive and harmful to players, and it is obviously unrealistic to rely solely on the game companies that pursue interests as an important principle to audit and eliminate the dross themselves.

　　Therefore, the establishment of a special authority and a normalized audit mechanism has become the inevitable way for the healthy development of the game industry.

　　The game is virtual, but the players in it have never been detached from the real world. Online game enterprises should seek profits and the game industry should develop, but they can’t leave the observance of social morality and professional ethics and the responsibility for society. The establishment of "Network Ethics Committee" may be just a start to improve the management of online game industry, but it is foreseeable that the management system that has been called for for a long time, such as game grading, may also be put on the agenda in the near future.

　　It is time! The online game industry, which has developed for many years under the extensive management mode, should be on the right track.

　　(Text/Liu Chang)

Nanjing police cracked the case of spreading obscene articles on the Internet, and most of the suspects were highly educated.

　　After the suspect is arrested, the on-site evidence is fixed.

　　Recently, the Jiangbei New District Branch of Nanjing Public Security Bureau successfully cracked a case of selling and spreading obscene articles for profit in the action of Net Net 2019, cut off an industrial black chain involving shooting, selling and spreading obscene photos and videos for illegal profit, and arrested 20 suspects, involving more than 4 million yuan. Surprisingly, most of the suspects arrested by the police have high education and high income, but in order to stimulate or seek high income, they ignore the law and go to the road of no return.

　　Yangzi Evening News/Yangyan reporter Mei Jianming

　　Correspondent Jiang Jingxuan

　　An alarm call brought out thousands of member porn websites.

　　"110? I want to call the police. There is a pornographic website with many obscene photos and videos. " At the beginning of April this year, Nanjing Jiangbei New District Public Security Bureau received an alarm call from Mr. Zhang, a resident of the jurisdiction. Mr. Zhang told the police that he accidentally discovered that his son had logged into a website, and someone on it actually sold a set of obscene photos and videos at a clear price. "These photos and videos, the pictures are gaudy and vulgar, and they are basically obscene and pornographic, which is unsightly. This kind of thing will definitely have an impact on children on the Internet!" Mr Zhang said angrily.

　　After receiving the alarm, the police immediately started the verification work. After investigation, it was found that the photos and videos on the website mentioned by Mr. Zhang were obscene, with more than 3,000 registered members, which had a bad social impact. "This website can only see some explicit photos before logging in. After registering and recharging 300 yuan as a member, users can see some previews of all kinds of obscene photos and videos. If you want to see more or download, you need to pay another fee." Yin Zhihui, a policeman handling the case, told reporters.

　　According to reports, the website has set up two recharge methods: ordinary members and life-long members. The prices are 300 yuan and 1000 yuan, respectively. Only when you become a member can you buy photos and videos in the website. According to the content published on the website, the police handling the case initially determined that there was an illegal act of spreading obscenity and pornography for profit, and filed a case to start detailed evidence collection.

　　There are millions of obscene photos hidden in small websites, and registered photographers are spread all over many provinces.

　　The police investigation revealed that on the one hand, the website was contributed by registered photographers and uploaded their own obscene photos and videos in the original area; On the other hand, we set permissions on these photos and videos, and make huge profits by attracting registered members of netizens to buy them. Pictures and videos are graded according to the model’s "quality" and exposure degree, and members are charged. 60% of the illegal income is paid to the photographer as a reward, and 40% belongs to the stationmaster.

　　"This kind of case is different from other cases of financial infringement. Because it is not limited by geography and has the characteristics of a wide area, the social communication is more serious and the impact is very bad. " The police handling the case said. By the time of the incident, all photographers on the website platform had uploaded more than 300,000 pictures and video files, attracting more than 3,000 registered Vip members.

　　After fixing the online evidence, the police began to trace the identity of the suspect. Since all the suspects are fictitious identities, it is very difficult to verify their true identities. Moreover, the website server is located outside the country and has complicated encryption programs. With the cooperation of the network security department, the police quickly identified the identity of Zhang, the stationmaster of the website. After careful investigation, the identities of more than ten photographers all over the country were also determined one by one. At this point, a criminal gang involved in the illegal dissemination of obscene articles in 7 provinces and 9 cities across the country surfaced.

　　The police closed the net at the same time in 7 provinces and 9 cities, and arrested 20 suspects in one fell swoop.

　　After finding out the criminal facts of the gang and the situation of the people involved, Nanjing Jiangbei New District Public Security Bureau and Nanjing Public Security Bureau Netan Detachment immediately held a case deployment promotion meeting, organized more than 100 police officers to form a project force, and the soldiers were divided into seven roads to go to Guangzhou, Sichuan, Hunan, Beijing, Shandong, Jiangsu and other seven provinces and nine cities to make arrests.

　　After arriving at the destination, the police of the task force immediately carried out investigations regardless of the fatigue of long-distance raids. Because we are fighting in different places, we are unfamiliar with each other, and the investigation work is very difficult. After four days of investigation, the police of the task force finally figured out the residence and work schedule of all suspects, overcoming the unfavorable factors such as unclear situation and physical fatigue in continuous operations.

　　Subsequently, the task force decided to carry out a unified arrest operation. After more than ten hours of continuous waiting, the stationmaster Zhang was first captured at home. After on-site inquiry and fixed evidence, Zhang confessed to his illegal and criminal facts. After Zhang was arrested, the arresting forces in other provinces closed the net at the same time. In this unified arrest operation, 20 suspects were arrested and more than 10 computers were seized, and finally the criminal gang suspected of illegally spreading obscene articles for profit was completely destroyed.

　　There are many suspects with high salaries and high academic qualifications, and some even quit their jobs to specialize in this line.

　　After the trial, according to Zhang, one of the suspects, he created a personal website to share his photographic works in 2012 because of his hobby of photography, but the website has not been as popular as he expected. In order to attract popularity, Zhang renamed the website in 2014, and collected some exposed pictures from the Internet and posted them on his website, and the click-through rate really increased. At the beginning of 2016, a netizen contacted Zhang actively, saying that he could provide pornographic pictures for Zhang’s website for a fee. It was this cooperation that made Zhang find a "financial road", so he simply quit his job, rented an overseas server and started a website full-time.

　　After more than two years of operation, the website has attracted dozens of photographers. Most of these photographers have received higher education from universities, and the highest degree is postgraduate. Not only that, many of them have stable and well-paid jobs. Because of the considerable and rapid benefits brought by shooting and publishing obscene pictures and videos, these people have joined in one after another and become full-time or part-time photographers of the website. The suspect Niu originally had an enviable high-paying job in Shanghai. At the beginning of 2017, Niu accidentally visited the website. Because he knew P pictures, he joined the website and became a part-time photographer under the temptation of interests. In just two years, Niu contributed more than 20,000 pieces to the website, making an illegal profit of more than 700,000 yuan.

　　The reporter learned that most of these suspects are young people in their early twenties. Because of their weak legal awareness, they embarked on the road of illegal crimes, but they never thought that they had damaged the physical and mental health of more peers. At present, the case is still under further investigation and deep excavation.

Children must pay for membership before taking the Taekwondo exam？ Parents question the rules of China Taekwondo Association. ……

Children who apply for the Taekwondo Grading Examination must first pay for registration as a member of China Taekwondo Association (hereinafter referred to as China Taekwondo Association), otherwise they cannot take the examination. A few days ago, Mr. Hong, a consumer in Chengdu, Sichuan Province, questioned the requirements of Taekwondo grading examination, and the reporter of China Consumer News conducted an investigation.

If you want to pass the exam, you must pay for membership first.

Registration is only for one year at a time. The training institution said that it is stipulated that members of the China Taekwondo Association should also pay the minimum fee in 500 yuan every year. Mr. Hong’s 8-year-old son has passed the Grade 3 exam and is currently preparing for the Grade 6 (Green Belt) exam. Although he has been enrolled in an off-campus training class to learn Taekwondo for less than two years, he is already a member of China Taekwondo Association, because the China Taekwondo Association stipulates that he must register as a member of China Taekwondo Association before taking the exam. The registration fee is 50 yuan, and he only needs to register for one year at a time. In the second year, if he wants to take the exam, he has to continue to pay for registration.

Mr. Hong thinks that the entrance examination fee for Taekwondo is obviously expensive, but he can accept the training fee:

In August, 2021, the coach sent the notice of registration for the grade examination to parents, which not only specified the registration fee for the grade, but also included a special charge: "Annual registration fee of China Taekwondo Association is 50 yuan every year", and an application form for the promotion of students of China Taekwondo Association was attached.

"The examination fee below the yellow-green belt is 240 yuan, the green belt, the green-blue belt and the blue-blue belt are 280 yuan, plus certificates, registration and membership. In the past, it cost more than 300 yuan each time. The higher the level, the more expensive the college entrance examination fee. Pay for training before the exam."

Mr. Hong expressed strong doubts about the practice of having to pay for the entrance examination first, and proposed to check the relevant rules and regulations and the basis for charging. The coach of the training institution sent the official website of China Taekwondo Association to Mr. Hong and told him that relevant regulations could be found in official website. The coach said:

"Volunteer to apply for the exam, but the object of the exam must be a member. If you want to take the exam, you have to register first, which is also convenient for the association’s file management and participation in competitions. Unit members in Chengdu also have to pay fees, the minimum is 500 yuan every year, in order to keep the test sites of our grading units. "

The standard of personal membership fee is 50 yuan every year.

Official website of China Taekwondo Association shows that the standard of individual membership fee is the annual entrance examination fee of 50 yuan, and each level is 25 yuan. However, the introduction and explanation of membership fee and fees are varied.

On January 11th, the reporter logged into official website of China Taekwondo Association, and found the Measures for the Management of Ranks of China Taekwondo Association in the "Rules and Regulations", in which Article 3 "Promotion Objects" stipulated:

The Management Measures for Members of China Taekwondo Association and the Membership Fee Standard stipulate that individual members should pay membership fees according to the regulations, and the membership fee standard is 50 yuan every year. The standard of entrance examination fee is unified throughout the country, and each level is 25 yuan, which is mainly used for standard setting, system operation and maintenance, teacher training, certificates and other expenses. The training service fee is determined by the training institution according to the local actual situation and the quality of training services, and is mainly used for education, training, counseling and examination services. The promotion fee will be collected uniformly at the time of examination registration.

As a parent, the reporter of China Consumer News consulted a number of Taekwondo training institutions in Chengdu, and the other party indicated that if you want to take the exam organized by China Taekwondo Association, you must first register for membership. However, the introduction of membership fees and fees varies greatly among institutions.

"Sunshine Taekwondo" training institution claims to be a unit member of China Taekwondo Association. There are training courses from junior to senior level. The higher the level, the higher the fee. The junior 290 yuan and the highest 590 yuan must first register as members of China Taekwondo Association, and their membership fees are included in the examination fee. If they register separately, the specific standards are not clear.

Hongming Taekwondo Gymnasium is a member of Chengdu Taekwondo Association, and the grading examination is organized by Chengdu Taekwondo Association, and the Taekwondo Gymnasium has a test center. The staff told the reporter, "Members are divided into two types: members of Chengdu Taekwondo Sports Association and members of China Taekwondo Association. If you want to take the red belt or black belt test, it is recommended to take the China Taekwondo Association because the gold content of the certificate is much higher, but it is relatively troublesome. You have to register and pay, but it is only more than 200 yuan, which is not very expensive."

On January 12th, a reporter from China Consumer News interviewed Chengdu Taekwondo Sports Association. Teacher Wu of the association told the reporter that Chengdu Taekwondo Sports Association is a member of China Taekwondo Association, and China Taekwondo Association has a set of specific procedures for grading examination, requiring that it must be a member of China Taekwondo Association. The fee for 50 yuan is valid for one year, and it will have to be paid again after it expires. In addition, the certification fee for the grade examination certificate in 25 yuan will be charged, which is also the unified pricing of the Taekwondo Association of China. The specific process is:

Students’ information (such as ID card information and photos) will be submitted by the training class teacher, and then the information will be submitted by the staff of Chengdu Taekwondo Association from the uniformly distributed port, and they will become members after approval.

China Taekwondo Association clearly stated that the grading test must be an individual member, and its position will be gradually adjusted.

On January 17th, the reporter of China Consumer News called the member department of China Taekwondo Association. A staff member of the association who asked not to be named made it clear that the grading examination is a grading service provided by China Taekwondo Association, and now the grading examination must be an individual member.

"If you have this demand, you can apply for membership and then go to the examination. Specific matters can be inquired in official website of China Taekwondo Association. There are rules and regulations, and the corresponding charges are also clearly publicized in official website. "

"The problem you mentioned is also what we are considering. We are also constantly collecting these outstanding problems, and then do some feedback in order to formulate policies in line with the development of the project. This project has been developed in China for many years and has its own characteristics. Practitioners are gradually developing towards younger age, and we are slowly optimizing and adjusting according to the development situation. "

Ocean Net pushes two new cars： Seal 06 and Sea Lion 07. Can’t young people be spared？

At the 2024 Beijing Auto Show, BYD made its debut in two new Ocean Net cars, namely Seal 06 DM-i and Sea Lion 07EV.

Seal 06 DM-i is the third model named after "Seal". The first two models are Seal EV and Seal DM-i respectively. It seems that BYD intends to develop Seal into a product sequence, and Seal 06 DM-i will become the entry model of this sequence after its launch, which can be understood as the twin model of Qin L.

However, the appearance of Seal 06 DM-i is obviously different from other seal models. The design of the whole front face does not show the so-called family design, especially the C-shaped headlights are not used. On the contrary, the tail slip line and the through taillight shape have the commonality of the seal family. As far as this model is concerned, Yan value should be able to satisfy the aesthetics of the corresponding user group, and it is younger and more sporty than Qin L in temperament.

The interior of Seal 06 DM-i has obvious family style, but the dashboard is suspended rather than embedded, and the outline of the key module where the shift lever is located is round rather than square.

In terms of space, the body length, width and height of Seal 06 DM-i are 4830/1875/1495mm and the wheelbase is 2790mm respectively. Although it is smaller than Seal EV or Seal DM-i in size, it basically enters the range of medium-sized cars.

In terms of power, Seal 06 DM-i may be equipped with BYD’s new generation DM-i technology like Qin L, and its fuel consumption and comprehensive endurance will be improved obviously. According to the information disclosed so far, it provides two pure electric endurance versions of 60km and 90km, from which it can be seen that the positioning of Seal 06 DM-i is really getting started.

Another new car is Sea Lion 07 EV. As a brand-new sequence of Ocean Net, it is positioned as a medium-sized SUV, which can be regarded as the twin model of Song L.

Sea lion 07 EV continues the concept of Ocean X concept car in design, and is similar to Seal EV. Although it is positioned as an SUV, it seems that it only forcibly increases the suspension stroke to support the car. From the side, it can be seen that its posture is very low, the tail is very cross-border, and it is even decorated with a large diffuser. As long as the height of the car is reduced, it is a hatchback performance EV. Its body size is 4830/1925/1620mm and the wheelbase is 2930mm, which is very consistent with Song L.

The layout and design of the interior are very similar to those of Seal EV, so I won’t introduce them here. In terms of configuration, Haishi 07 EV is particularly worth mentioning the L2+ high-order intelligent assisted driving system, which has many driving functions, such as lane keeping, lane guidance, changing lanes by shifting levers, traffic sign recognition, intelligent speed limit, etc., but it does not yet have the ability of high-speed or urban NOA.

In terms of power, Sea Lion 07 EV offers two versions of two-wheel drive and four-wheel drive, of which the two-wheel drive is divided into two outputs: 170kW and 230kW, while the comprehensive output of the four-wheel drive version is 390kW.

BYD adopts Chehai tactics, occupying every market segment by constantly introducing new models, and finally achieving far-ahead sales volume and market share. The model design of Haiyang.com is generally younger and more sporty, corresponding to younger consumers. With the face value of these two models, I believe it can really attract many users after listing.