月度归档 2025年5月11日

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It is a pity that the United States has painstakingly "stuck its neck" in China.

  Reference News Network reported on February 2 (Text/Shu Meng)

  In order to curb the export of cutting-edge technology to China, the United States has taken great pains. Following the introduction of semiconductor control measures against China in October last year, the United States has been pressing its allies, especially Japan and the Netherlands, to follow suit. According to the Nihon Keizai Shimbun, in mid-January, the United States "invited" Dutch and Japanese leaders to the White House, hoping to make progress through direct negotiations. At the end of January, the United States finally reached an agreement in principle with the Netherlands and Japan on restricting the export of some advanced chip manufacturing equipment to China.

  Although a preliminary agreement has been reached on the surface, the three countries have not disclosed the specific details of the agreement so far. Political and business people in the Netherlands and Japan are full of doubts and uneasiness.

  For the Netherlands, this agreement means a huge loss. As the world’s leading manufacturer in mask aligner, ASML Holding Company of the Netherlands is of great significance to Intel and TSMC, and its business in China accounts for nearly one-seventh of its transaction volume in mask aligner.

  According to the German newspaper frankfurter allgemeine zeitung, after all parties basically reached an agreement to continue to restrict the export of chip machines, ASML Holding Company had to prepare for long-term losses. ASML said that if we follow the US government regulations and don’t sell advanced chip equipment to China, it will affect the company’s revenue by about 5%.

  Its CEO, Peter Wen Ning, even appealed to the Dutch government to be "wise". According to the Financial Times, Wen Ning called on the Dutch government to choose "wise" export control measures to China and not to have a "major impact" on key global industries.

  Bloomberg News previously quoted Wenningke as saying that in the measures announced by the United States in October last year, personnel restrictions "brought various problems to individuals and enterprises", and "this has never been anything to cheer about".

  In addition, Wen Ning also expressed doubts about the intention of the United States to block the development of China’s cutting-edge technology by controlling exports. In an interview with Bloomberg News on January 25th, Wen Ning said that semiconductor enterprises in China will develop their own machines if they can’t get them. This move by the United States will only encourage Beijing to successfully develop its own technology on advanced chip manufacturing machines.

  Japan also has its own scruples, and it can’t give a clear answer immediately whether it will fully follow the US control policy.

  "Nihon Keizai Shimbun" analyzed in an article that, first of all, at the legal level, this is a thorny issue. Japan’s export management is based on foreign exchange law. Japan is controlling the export of consumer products that can be used for weapons and military purposes. To export designated goods and technologies, it is necessary to obtain the permission of the Minister of Economy, Trade and Industry. When adding target products, the government and provincial orders should be revised. If the existing law does not support the new restrictions, we should also consider amending the law, which will take at least a few months.

  Secondly, Japanese political circles are also worried that once new restrictions are introduced, China may take countermeasures against Japan. Yasutoshi Nishimura, Japanese Minister of Economy, Trade and Industry, said recently that the government is also considering the export control of other countries and making appropriate responses. He declined to comment on the specific talks with the United States. German newspaper frankfurter allgemeine zeitung said that this statement can also be interpreted as: all the details of export control have not been finalized, and Japan will not adopt American regulations one by one.

  This attitude is also reflected in the attitude of business people.

  According to the Nihon Keizai Shimbun, when talking about Canon equipment that may be involved in US export control to China, the vice president of Canon of Japan said that he would "pay attention to the further development of the situation".

  As the article of Bloomberg News said, when the global economic situation is not optimistic, this move by the United States will damage a vital market and adversely affect the income of the world’s largest industrial enterprise. The United States’ efforts to lead the world to protectionism are harmful to others and not beneficial to itself, and blocking China’s plan on the chip issue will only be counterproductive.

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In the first quarter, the transaction volume exceeded 100 billion, and China’s innovative drugs were red, absurd and reasonable.

"This will be the most comprehensive and powerful document ever supported by the state for the development of innovative drugs."

In March of this year, a document entitled "Implementation Plan for Supporting the Development of Innovative Drugs in the Whole Chain (Draft for Comment)" was circulated on the Internet, which caused extensive discussion in the industry.

Although it has not been officially confirmed, some insiders have revealed to Jianwen Consulting that it is very likely that the document will land. A number of local policies released in April are the prelude to the document’s landing.

Since the beginning of this year, the innovative medicine industry in China has been surging. Before multinational pharmaceutical companies dropped one blockbuster after another, AstraZeneca, Novartis and Johnson & Johnson successively acquired domestic Biotech companies for billions of dollars, opening a new landing channel for trapped investors; Later, the government has continuously introduced new policies, and comprehensively discussed issues from innovative drug pricing to promoting high-quality development of the industry.

BD (business development) transactions are still hot. When the domestic IPO channel gradually narrows and the capital flow in the primary market gradually dries up, innovative pharmaceutical companies have to turn overseas to seek a way out.

The government is also aware of the dilemma faced by enterprises and tries to untie innovative drugs from the policy level. For example, in the document issued by the Beijing Municipal Medical Insurance Bureau on April 17, it was proposed that "the medical treatment projects involved in talking about drugs and innovative medical devices are not limited by the total budget indicators of medical institutions", so that innovative drugs can get rid of the restrictions of medical insurance policies.

China’s innovative medicine industry is facing unprecedented new changes and opportunities. How does Biotech grasp the new course in the era of going to sea?

Foreign pharmaceutical companies snapped up China Biotech.

2023 is called "the first year of China’s innovative drugs going to sea".

After experiencing the haze that pharmaceutical companies frequently went to sea in 2022, the innovative drug pipeline in China finally reached the harvest season: according to the statistics of the Medical Rubik’s Cube, there were nearly 70 innovative drug License-out transactions in China in 2023, with the number increasing by 32% compared with 2022; The total transaction amount exceeded $46.5 billion, an increase of 69% compared with 2022.

Among them, Bailey Tianheng authorized the development and commercialization rights of HER3/EGFR dual-antibody ADC product BL-B01D1 to BMS, setting the highest transaction record in the industry before: 8.4 billion US dollars; Chengyi Bio cooperated with AstraZeneca on the authorization of small molecule GLP-1 receptor agonist (GLP-1RA)ECC5004, with a total transaction amount exceeding 2 billion US dollars; In addition, WuXi Bio has cooperated with GSK, Hengrui Pharma and Merck, Henry Medicine and Novo Nordisk for more than ten times, with the total transaction amount exceeding US$ 1 billion.

In the first quarter of 2024, BD transactions continued to be hot. According to incomplete statistics, a total of 24 License-out transactions were reached, of which 10 transactions have been disclosed with a total amount of nearly $15 billion.

Compared with going out to sea independently, License-out "going out by boat" has become the "main channel" for most local innovative pharmaceutical companies to enter the global market.

"License-out can be said to be the best choice for biotech." Jing Wong (pseudonym), a senior practitioner in the medical field, said. Since Genentech, the first biotech company in the world, was born in 1976, countless biotech companies have emerged in the industry, and few of them can develop independently for a long time.

Many biotech companies had the dream of becoming biopharma at the beginning of their establishment, but the R&D ability needed in the early stage of the pharmaceutical industry chain can not be equated with the clinical ability and production and sales ability needed in the middle and late stage, and most biotech companies do not have the latter.

Jing Wong pointed out that for biotech, the final destination is to sell the project and sell the company. "It would be great if the company can sell billions of dollars."

China’s innovative medicine industry is moving from pipeline external authorization to company merger and acquisition.

From the end of 2023 to the beginning of 2024, there were three innovative pharmaceutical mergers and acquisitions in China in just half a month: AstraZeneca announced the acquisition of Genxi Bio on December 26, 2023, Novartis announced the acquisition of Sinopharm on January 5, 2024, and Johnson & Johnson announced the cash acquisition of Ambo Bio on January 8.

After the spring, on March 25th, NuvationBio, an American biopharmaceutical company, announced the acquisition of Baoyuan Medicine by all-stock trading. On April 3rd, Genmab, a Danish biotechnology company, announced the acquisition of Pfeiffer Bio.

Among them, Genxi Bio, Pufang Bio, Anbo Bio and Sinopharm, which disclosed the transaction amount, sold high prices of $1.2 billion, $1.8 billion, $2 billion and $3.3 billion respectively.

It is worth noting that the acquirers of these remarkable large-scale mergers and acquisitions are all foreign pharmaceutical companies, and the BD transactions that have been in full swing since 2023 have caused some practitioners to worry about the loss of high-quality assets of domestic innovative drugs.

The one-sided situation makes BD and M&A from overseas almost the only way out for innovative pharmaceutical companies in China, and we should start with the current development stage and market environment of innovative pharmaceutical industry in China.

On July 22, 2015, National Medical Products Administration issued an announcement on the verification of clinical trial data (No.117, 2015), and organized the self-inspection and verification of clinical trial data for drugs that have been declared for production or import.

In his speech, the leaders of the Food and Drug Administration pointed out that the problems in drug clinical trials are serious, the problems of non-standardization and incompleteness are very common, and the problems of unreliability, truthfulness and fraud do exist, which have seriously affected the normal progress of drug approval.

Starting from the "July 22" incident, the state began to reform the new drug approval system and introduced a series of favorable policies, which led to a clearer path for the development of innovative drug industry in China.

On the other hand, a group of Chinese who went abroad to study and engage in medical work in 1980s and 1990s have accumulated rich industry experience during this period. After 2010, they returned to China to start businesses or join domestic pharmaceutical companies, becoming the backbone of the domestic innovative pharmaceutical industry.

For example, Baekje Shenzhou, which created Zebutini, was founded by Wang Xiaodong, the first academician of the American Academy of Sciences in China; Yu Dechao, founder of Cinda Bio, has worked for many American biopharmaceutical companies. Chen Bo, founder of Junshi Bio, once worked in Lilly and other large pharmaceutical companies.

By April 2018, Chapter 18A of the new listing rules of the Hong Kong Stock Exchange, "Allow biotech companies with no income and no profit to submit listing applications", has aroused a thousand waves among domestic biotech companies, opening a hole for unprofitable enterprises; Science and technology innovation board followed closely, allowing qualified unprofitable enterprises to apply for listing in science and technology innovation board after its establishment was announced in November 2018.

Non-profit enterprises can go public, which has a clearer exit path for capital, completely opens up the closed loop of investment in biomedicine and pushes the investment in innovative drugs to the peak in 2021. With the strong support of the capital market, the development of innovative drugs has entered the fast lane.

According to the data of Medicine Rubik’s Cube, the amount of primary market financing in innovative drugs in China jumped from 14.6 billion yuan in 2017 to 30.6 billion yuan in 2018 and 34.4 billion yuan in 2019, and then to 86.9 billion yuan in 2020 and 87.7 billion yuan in 2021. In the same period, the amount of secondary market financing was 1.9 billion yuan, 21.5 billion yuan, 23.5 billion yuan, 88.8 billion yuan and 70 billion yuan respectively.

In the past few years, Cinda Bio, Junshi Bio and Baekje Shenzhou have been listed one after another. At this time, no one in innovative pharmaceutical companies wants to License-out. As Wang Jing said, becoming biopharma is the dream of almost every biotech company. The short-term prosperity of the capital market has given innovative pharmaceutical companies the courage to pursue their dreams, build factories, expand production capacity, and recruit sales teams. The commercialization of drugs is not fake.

However, prosperity always has an end. Since the second half of 2021, the secondary market of innovative drugs has been frequently broken, and Cinda Bio has dropped from the highest point of HK$ 107/share to about HK$ 40/share today; Junshi Bio dropped from the highest point of HK$ 220/share to about HK$ 30/share; Baekje Shenzhou’s share price is the strongest, and it can’t escape the fate of breaking the market, from the issue price of HK$ 177 per share to HK$ 130 per share today.

Capital began to flee from the innovative drug market. In 2022, the financing amount in the primary and secondary markets of innovative drugs in China dropped to 43.3 billion yuan and 38.1 billion yuan respectively, and in 2023 it was only 30.9 billion yuan and 21.5 billion yuan respectively.

Pharmaceutical companies have to continue to lay off employees, sell pipelines and cut projects in order to control costs and realize cash quickly to cope with the endless cold winter of the industry.

On November 15, 2022, three pharmaceutical companies, Platinum Pharmaceutical, Cornerstone Pharmaceutical and Hutchison Pharmaceutical, successively announced the sale of factories, the suspension of factories and the contraction of pipelines.

Multinational pharmaceutical companies seized the opportunity and began to enter the market.

Biotech Prostitution: A New Way for Investors to Go ashore

"The popularity of BD is the result of the joint action of the buyer’s market and the seller’s market." Analysis of Li Cong (pseudonym), a pharmaceutical investor.

For a long time, the innovative pharmaceutical industry has a recognized law of "R&D cycle of 10 years, cost of 1 billion US dollars, and success rate of less than 10%". New drug research and development is a long-term battle with unknown success or failure. The funds needed for pharmaceutical companies’ R&D come from the financing of primary and secondary markets and the profits of listed drugs.

In the case of shortage of funds, License-out is obviously a better choice than selling assets. As an authorized party, pharmaceutical companies can continue to obtain more milestone benefits.

For the seller, financing is difficult at present, and it is urgent to obtain funds for the company to continue its life through License-out; For the buyer, pipeline authorization can be obtained at a cheaper price during the downturn of the industry.

Behind the buyers and sellers, there is another role that drives these transnational transactions — — Investors.

Investor Jiang Min once inspected an innovative drug project, but did not participate in the investment. After the company went public, its stock rose all the way, and then fell at the top of the cliff.

The leader of the investment institution asked Jiang Min why he didn’t invest in this project. Jiang Min bluntly said that he was not optimistic about this company and thought that they couldn’t make medicine. "Every investor’s motivation for entering the market is not the same. Some people want to make long-term investments, they have to bear industrial responsibilities, and some people frankly admit that they are entering the market to cut leeks." Jiang Min admits that some investment institutions move fast enough. At the most prosperous stage of the industry, innovative pharmaceutical companies quit in time after earning money in the process of raising their valuations.

The remaining investors are stuck in the gambling game. "There are always a few people who can make money in the capital market." Li Cong said that investors behind innovative pharmaceutical companies are seeking new exit opportunities. However, with the gradual tightening of IPO policies, it is difficult to reproduce the prosperity of Hong Kong stocks 18A and science and technology innovation board a few years ago.

Then, investors can no longer consider the secondary market as the core exit path. "But investment institutions still have to invest and make money, so they can only seek exit opportunities such as mergers and acquisitions and equity transfer in the primary market. For investors, it is better for pharmaceutical companies to get a License-out or a chance to collect mergers and acquisitions than to be trapped inside, but the income will not be high. " License-out and acquisition and merger have become the "landing channel" pursued by innovative pharmaceutical companies.

Take Chengyi Bio as an example. According to public information, Chengyi Bio has obtained three rounds of financing in 2018, 2020 and 2023, with financing amounts of 100 million yuan, over 100 million yuan and 180 million yuan respectively.

In 2023, Chengyi Bio granted AstraZeneca the right to develop and commercialize the small molecule GLP-1 receptor agonist (GLP-1RA)ECC5004 for potential treatment including obesity, type 2 diabetes and other complications. Through this authorized cooperation, Chengyi Bio will receive a down payment of US$ 185 million, future milestone payment of US$ 1.825 billion for clinical, registration and commercialization, and graded royalties for net sales.

The down payment from AstraZeneca alone has exceeded the sum of all financing amounts since Chengyi Bio was established. Compared with the primary market that is currently in the cold winter, License-out obviously returns blood faster.

In terms of acquisition, Pufang Bio, a Biotech company, was acquired by Danish pharmaceutical company Genmab in an all-cash transaction of $1.8 billion at the beginning of April this year. Before that, it had completed at least four rounds of financing, with investors including Xianfeng Qiyun, Gaorong Capital, Changan Capital, Sequoia China, Yuanhe Holdings, Lilly Asia Fund and other institutions.

Among them, the latest financing occurred in February this year, two months before it was acquired by Genmab. According to industry sources, the valuation of Pufang Bio after this round of financing is about 300 million US dollars. For investors in the last round of financing, the return came so quickly.

Unlike the highly volatile secondary market, the above exit path occurs in the primary market. Li Cong believes that "the primary market is a market that emphasizes value more. Before trading, the buyer will repeatedly consider whether this asset is really valuable, beneficial to the coordinated development of its own business and whether it can create cash flow. On this premise, the valuation of Biotech will be very close to reasonable."

Two ends of the balance: medical insurance cost control and the development of innovative drugs

In the innovative drug market, China pharmaceutical companies have changed their roles from License-in to License-out, which is behind the accelerated transformation and upgrading of China pharmaceutical industry. From the perspective of commercialization, it is also the only way for domestic innovative pharmaceutical companies to go to sea.

According to the data quoted by BCG from EvaluatePharma, the global innovative drug market is about 830 billion US dollars in 2021, of which the US market accounts for 55%, while China’s innovative drug market only accounts for 3% of the global market.

According to BCG data, in 2021, the sales of innovative drugs in the United States accounted for 79% of all drug sales, while the sales of innovative drugs in China only accounted for 11% of the national drug sales. Obviously, the market of innovative drugs in overseas developed countries is broader.

Comparing the medical security systems of China and the United States, the commercial medical insurance in the United States accounts for 40.14% of the total health insurance expenses. According to the Circular on Further Enriching the Supply of Life Insurance Products issued by China Banking and Insurance Regulatory Commission in 2023, the payment of commercial health insurance in 2022 only accounts for 5.3% of the total national health expenditure.

At present, China’s medical insurance is still dominated by social medical insurance, and the medical insurance fund needs to cover the medical and drug needs of about 1.334 billion people, so the payment for innovative drugs is still limited. In the domestic market, innovative pharmaceutical companies are bound to face the pressure of centralized procurement and medical insurance negotiations, resulting in the pricing space of innovative drugs being compressed.

Judging from the local innovative drugs listed overseas in the past, the pricing of zebutinib, Cedactylosin, Benvimod, Trepelizumab and furosemide in the United States can be several times to dozens of times higher than that in China. Choosing innovative drugs that go out to sea has obviously achieved a higher profit return on single products.

In the domestic market, innovative pharmaceutical companies are bound to face the game of medical insurance negotiation.

Zhou yun (a pseudonym), an industry insider with rich experience in medical insurance, told Jianwen Consulting that in recent years, the price reduction of drugs involved in national medical insurance negotiations is usually more than 60% or even higher. In order to master more chips in the negotiation, pharmaceutical companies often raise the price of drugs, leaving room for an average price reduction of 60%. "Even if there are reviews and consultations before the negotiation, it is difficult for the medical insurance bureau to determine the reasonable price of drugs through cost, and the calculation result is not accurate."

On February 5 this year, the National Medical Insurance Bureau issued the Notice on Establishing the Initial Price Formation Mechanism of Newly Listed Chemicals to Encourage High-quality Innovation (Draft for Comment) to clarify the pricing of innovative drugs.

At the same time, in the face of industry changes in the field of innovative drugs, the state has continuously introduced relevant policies this year to promote the development of the industry.

In March of this year, a document entitled "Implementation Plan for Supporting the Development of Innovative Drugs in the Whole Chain (Draft for Comment)" was circulated on the Internet, which caused extensive discussion in the industry. The document lays out the main tasks, including accelerating the research and development of innovative drugs and the transformation of results, optimizing the review and approval mechanism of innovative drugs, accelerating the deployment and use of innovative drugs, improving the multi-payment ability of innovative drugs, and enriching the investment and financing support channels of innovative drugs.

"This will be the most comprehensive and powerful document ever supported by the state for the development of innovative drugs." Zhou yun introduced that, according to his understanding, the "Implementation Plan for Supporting the Development of Innovative Drugs in the Whole Chain (Draft for Comment)" is very likely to be implemented, and a number of local policies released in April are the prelude to the implementation of this document.

On April 1st, 7th and 9th, Zhuhai, Guangzhou and Beijing successively issued relevant documents on several measures to promote the high-quality development of innovative medicine. On the 17th, Beijing Medical Insurance Bureau issued a document again, proposing 32 measures to promote the development of innovative medicine from eight aspects, including research and development of innovative medical equipment, clinical trials, review and approval, manufacturing, circulation and trade, and clinical application.

In the document issued by Beijing Medical Insurance Bureau on April 17th, there is a very breakthrough clause: the medical treatment projects involved in talking about drugs and innovative medical devices in China are not limited by the total budget index of medical institutions; For medical institutions that need to carry out performance appraisal and quality evaluation of total budget management (BJ-GBI), the influence of national drug discussion and innovative diagnosis and treatment projects on per capita drug expenses, per capita medical expenses and other related indicators should be excluded.

"This is a statement that has never appeared in the previous medical insurance policy." Zhou yun said, "This means that innovative drugs will completely get rid of the various restrictions of the medical insurance policy and be really used in clinic, solving the problem that hospitals used to be afraid to use drugs because of the limitation of reimbursement ratio."

The control of medical insurance fees and the high-quality development of innovative medicine industry are hung at both ends of the scale.

In the European market where the innovative pharmaceutical industry started earlier, the market pricing model similar to that of the United States was initially adopted, which greatly promoted industrial innovation and made Europe become the research and development center of the global biopharmaceutical industry in the mid-20th century. Under the pressure of high drug prices and aging, the medical security system in various European countries began to come under pressure and had to introduce new policies to control prices.

"The medical insurance bureau is in any country ‘ Scold ’ The role. " Zhou yun pointed out, "The main purpose of a series of policies adopted by the China government, such as purchasing with quantity, medical insurance negotiation and payment mode reform, is to solve the sustainability problem of the national medical insurance fund. However, with the deepening of the aging process in China, the contradiction between the finiteness of medical insurance funds and the infinity of people’s health needs will inevitably intensify. "

Under this situation, commercial insurance will become the only solution to make up for the gap between national basic medical insurance and social insurance.

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Huang Guangyu’s continuous reduction: Gome’s "advance and retreat"

  This September is an eventful autumn for Gome.

  On September 20th, according to the disclosure of the Hong Kong Stock Exchange, the major shareholders of Gome, Huang Guangyu and Du Fu, reduced their holdings of 88.925 million shares on September 15th, totaling about HK$ 16.8068 million.

  This is Huang Guangyu’s second reduction in 24 hours. On September 14th, Huang Guangyu and other major shareholders reduced their holdings by about 2.737 billion shares and cashed in HK$ 531 million.

  On September 13th, Zhongguancun (000931.SZ, 6.17 yuan/share, with a total market value of 4.647 billion yuan), a A-share company, announced that some shares of the company held by Gome were frozen by the court and waiting for freezing. It is reported that Gome holds 55.5 million outstanding shares of the company, with a shareholding ratio of 7.37%.

  The national business daily reporter asked Gome for verification on the 15th of this reduction. As of press time, Gome did not respond.

  From the perspective of business operation, Gome has announced a "strategic dormant" since mid-August, focusing on offline business, and its offline business is indeed operating normally. On September 16th, the Xibahe Pavilion of Gome, a new store under Gome Line, began trial operation.

  At the meeting in August, VP He Jian, the operating system of Gome’s retail TO C business group, also revealed the timetable for the promotion of offline business: "In the second half of the year, we will add 150 urban exhibition hall stores with an area of over 10,000 square meters nationwide and renovate 208 stores nationwide, with an estimated operating area of over 1.45 million square meters."

  On the one hand, business promotion, on the other hand, major shareholders reduce their holdings. Gome’s operational contrast with the capital market at the business level is inevitably confusing.

  In the interview, people in the industry generally believe that Huang Guangyu will not give up Gome. Chen Yuefeng, founder of Lingwu Media, and Liang Zhenpeng, a senior industrial economic observer, believe that the reduction is mostly for cash flow needs; Zhuang Shuai, an expert in the retail e-commerce industry and the founder of Bailian Consulting, told national business daily that Huang Guangyu might retreat behind the scenes by reducing his holdings.

  At the business level, Gome took the initiative to shrink the focus line, which is difficult in the industry, but it is worth a try. "JD.COM is also trying to reshape the offline sales scene of home appliances. I think this is a direction." Li Chengdong, founder of Dolphin Club, said.

  Major shareholders reduce their holdings.

  "It is definitely not a good signal for major shareholders to reduce their holdings. As for whether it is because you are not optimistic about the company, this is not certain. There are generally two reasons for reducing holdings. Some major shareholders have a tight capital chain and need to cash out to make up the gap. If there is no way, they will reduce their holdings. Some may really think that they have peaked and it is time to run. " Kuang Yuqing, founder of lens research, told every reporter.

  In the face of market concerns, Gome is also constantly releasing the signal of normal operation.

  On the 13th of this month, in response to the freezing of Gome’s shares, Fang Wei, senior vice president of Gome Retail, said that the company’s production and operation were all normal. In response to the freezing of Gome’s shares, the group has docked with relevant banks and will soon solve it. The company is also actively communicating with investors.

  However, Gome has not responded to the reduction of major shareholders. Industry experts generally believe that Huang Guangyu will not give up Gome. "For any entrepreneur, the enterprise is like a child raised by hand, and it will not give up until it is absolutely necessary."

  In fact, since the end of last year, Huang Guangyu and his wife Du Fu have reduced their holdings many times:

  On December 22, 2021, Huang Guangyu reduced his holdings of Gome retail by 10 million shares at an average price of HK$ 0.67 per share;

  On January 24, 2022, Huang Guangyu and his wife Du Fu reduced their holdings of Gome by 30 million shares respectively;

  On April 1, 2022, Huang Guangyu reduced his holdings of 400 million shares of Gome Retail at an average price of HK$ 0.55 per share, cashing in HK$ 220 million, and his shareholding decreased from 59.87% to 58.68%.

  Liang Zhenpeng believes that the main reason for the continuous reduction is that Gome Group is experiencing serious losses and the capital chain is relatively tight. "Huang Guangyu, as the controlling shareholder, can be used to supplement the company’s cash flow by reducing the shares."

  He believes that Gome still has debts that are constantly due to be repaid, and the purpose of reducing its shares is to support the development of Gome and let the company survive the severe winter.

  Regarding cash flow, Gome’s financial report for the first half of the year has already begun to show signs. In the financial report, Gome emphasized the "throttling" effect of operating data such as cash flow and gross profit margin, hoping to stabilize the military.

  For example, the comprehensive gross profit in the first half of the year was 2.4 billion yuan, and the comprehensive gross profit margin was 19.8%, a significant increase of 5.56 percentage points year-on-year; Operating expenses were about 4.84 billion yuan, a decrease of 3.1% compared with the same period last year. The financial cost was about 876 million yuan, a year-on-year decrease of 13.61%.

  Liang Zhenpeng believes that the reduction of financial costs in the financial report is good news, but the overall operation is still not ideal, "the estimated pressure is enormous." Kuang Yuqing believes that Gome’s "throttling" cannot solve the problems that Gome is currently facing.

  Chen Yuefeng believes that the dilemma faced by Gome is also a microcosm of the industry’s dilemma: "Consumer spending and willingness to consume are further reduced, and the demand for home appliances is weakened under the influence of many factors. In the entire retail format, the pressure on home appliances may be even greater. The dilemma of the industry may exist for a long time, especially in the retail format of home appliances. How to break through is not only a problem for Gome, but also a barrier before the industry. "

  "Danger" and "Machine" coexist in the offline road.

  In an open letter given by Huang Guangyu in August, he admitted that "time shifts easily, we did not anticipate the difficulties in implementation, and the epidemic was disturbed for a long time, which led to a certain gap between reality and this goal". Gome has also begun to shrink its front line and strategically focus on the retail field of home appliances that it is better at.

  On September 16th, Gome’s new store was put into trial operation in Xibahe Store. The new store is positioned as "exhibition experience+home extension+home entertainment+home service", hoping to be a connector between customers, manufacturers and brands, which can provide consumers with diversified services.

  This is the first new store in Beijing. Before landing in Beijing and Xibahe Store, Gome Experience Store has successively landed in Fuzhou, Chongqing, Wuhan and Xiamen.

  As early as April 2021, Gome Retail mentioned the offline planning of exhibition halls in large cities for the first time, and announced on the same day that it planned to lease three properties of Gome Shangdu, Xiangjiang No.9 and Pengrun Building held by the controlling shareholder for a long time. This action was drained by the super-complex created by Wen Heyou and Sanlitun in the industry, and through the upgrading of offline properties, a new ecosystem of local retail services was further built.

  This may be the preliminary idea of Gome’s new stores. At this meeting, He Jian also revealed the timetable of Gome’s offline city exhibition hall stores: "In the second half of the year, we will add 150 city exhibition hall stores with an area of over 10,000 square meters nationwide and renovate 208 stores nationwide, with an estimated operating area of over 1.45 million square meters."

  This service has also been targeted by JD.COM. On September 15th, the first JD.COM MALL in Northeast China was officially opened in Shenyang. Prior to this, JD.COM MALL in Xi ‘an, Hefei Superbody and Chongqing Superbody have been opened one after another. On September 30th, JD.COM MALL in Shijiazhuang will also usher in a trial operation.

  Like Gome, JD.COM MALL is characterized by its large area and different consumption scenarios to meet the different needs of consumers for shopping, buying and playing.

  Li Chengdong believes that this new type of store is worth a try. However, the industry is also worried about the big store model. Kuang Yuqing believes that the cost of the big store model is too heavy. Liang Zhenpeng told reporters that this type of new home appliance store is feasible on the premise of selling high-profit products such as high-end home appliances, because it needs to smooth out expensive store rents.

  Every road is in danger and opportunity coexist, and Gome has reached a critical moment. As of press time, Gome’s share price is HK$ 0.165 per share, with a total market value of HK$ 5.894 billion.

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Honggutan, Nanchang: Fully Promoting the Construction of People’s Livelihood Projects and "Escorting" the Introduction of Talents

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  Cctv news In order to enhance the attraction of regional talents, accelerate the gathering of high-level talents, and promote the steady and healthy development of regional economy, Honggutan City Investment Group actively responded to Nanchang’s call for 100,000 college students to stay in Nanchang, constantly innovated the construction mode, built public rental houses with the mode of state-owned enterprise investment, vigorously developed and built talent apartments, and made every effort to build a rental project at Lingkou Road to provide housing security for the introduction and landing of talents in Nanchang.

  It is reported that Lingkou Road rental project is located in the east of Hongjiaozhou Third Control Center, south of Lingkou Road, west of Lvhu Haocheng and north of Xiushui Road in Honggutan District. The total land area is about 13.3 mu, and the project plans to build 280 sets of collective rental houses, which started construction in October 2021 and is scheduled to be delivered in 2024.

  According to the decision-making arrangements of the CPC Central Committee, the State Council, Jiangxi Provincial Party Committee and the provincial government on cultivating and developing the rental housing market, the project adheres to the orientation of "living in houses without speculation", revitalizes rural collective plots by building rental houses for collective land, and broadens the channels for collective economic organizations and farmers to increase their income.

  After the project is completed, it will provide good public products and services for Nanchang talents, further improve the living environment and promote the harmonious development of society and people’s livelihood.

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Going to the Grassroots in the Spring Festival, Guarding the Year of Reunion of Thousands of Families

As an important service industry, no mode of transportation will stop because of festivals. Every Spring Festival, on the contrary, is a time for traffic people to tighten their strings. They are on the job, keeping safe access, keeping all the way smooth, and keeping the reunion year of thousands of families.

This edition focuses on ordinary transportation workers who stick to their posts during the Spring Festival, to see how these "people who don’t go home" spend their Spring Festival.

Qiongzhou Strait: Special boats and special classes cross the sea safely.

On the first day of the Lunar New Year, there are many flowers and crowds on both sides of Qiongzhou Strait, and the busy passenger and ro-ro routes are intertwined with happy scenes.

"Be sure to tie and tie the vehicle well, and at least two triangular pads must be padded." On the morning of New Year’s Day, Chen Jilin, a law enforcement officer of Zhanjiang Maritime Safety Administration, patiently yelled at the crew in the cabin of the special class of new energy vehicles. "The distance between vehicles should be at least one meter. You must strictly patrol the cabin. The full-time patrol security guard should patrol the cabin every half hour. Once problems are found, take timely measures to ensure the safety of passengers’ lives and property." Chen Jilin and his colleagues shuttled through the long cabin, patrolling the neatly arranged new energy vehicles, repeatedly telling the crew the precautions, and carefully checking every link to ensure passengers and vehicles to cross the sea safely.

During Spring Festival travel rush this year, the demand for new energy vehicles crossing the sea is huge. Since February 1st, the Qiongzhou Strait has opened a "special boat and special class" for the transportation of new energy vehicles, which adopts the mode of "separate loading of people and vehicles", that is, the new energy vehicles are transported by a ro-ro ship alone, and the drivers and attendants are transported by another ship, and the ro-ro ships transporting new energy vehicles carry passengers at different times.

At this time, at the other end of the remote monitoring of Qiongzhou Strait, VHF sends out safety reminders and New Year greetings from time to time. "Haizhuang No.2, the weather is not very good now, and the visibility at sea is not good. You should strengthen your observation during the voyage and wish you a happy New Year!" At Xuwen Marine Department’s Hong Kong Intelligent Management Sub-center, Chen Qiuning, a duty officer, is reminding ships entering and leaving the port to pay attention to navigation safety through VHF.

During the Spring Festival holiday, the regulatory service on the north shore of Qiongzhou Strait tightened the safety string. The staff monitors the speed of ships entering and leaving the port in the channel 24 hours a day, and forms a "on-site+electronic" supervision mode with the law enforcement brigade to fully grasp the ship’s entry and exit reports and navigation trajectories.

During the Spring Festival this year, the passenger ro-ro ship in Qiongzhou Strait continued to operate at full capacity, and the bad weather such as cold wave, strong wind and low temperature was prone to occur frequently, which made the task of ensuring water traffic safety in Qiongzhou Strait even more arduous. The blue figure of Zhanjiang maritime people was stationed on the water route, and handed in the answer sheet of "People can walk smoothly and things can flow smoothly" in the "big exam" of the Spring Festival.

Xie Xiaolin Chen Ruiting Reporter Li Xuya

Tangshan Port Jingtang Port Area: Orderly Connection and Efficient Supply Guarantee

Trains roared in and out, huge ships shuttled back and forth, and the coal "Spring Festival travel rush" was a busy scene. Ensure supply and steady growth, reduce energy consumption and improve quality. During the Spring Festival, we entered Jingtang Port Area of Tangshan Port, Hebei Province, and the coal loading and unloading operations were orderly and the safety production was smooth and smooth.

At 19 o’clock on New Year’s Eve, the staff of SDIC Jingtang Port Company carried out loading and unloading operations in an orderly manner according to the instructions of the central controller. Previously, the duty manager of the production dispatching center has organized relevant posts, and comprehensively carried out the "desktop" deduction of production organization based on information such as weather conditions, vehicle and vessel loading and unloading plans, sampling requirements and equipment operation status, so as to consolidate the safety foundation.

I saw Ge Chengcheng, the operator of the centralized control of tipping, skillfully using the mouse to operate the tipper and the stacker. "After the intelligent transformation, our work efficiency has doubled." Ge Chengcheng said that the traditional four-person on-site operation has become a single-person operation of two machines, which can complete the turning and stacking operation of coal trains from port entry to storage with high quality and efficiency.

Jingtang Port Area, with three specialized coal berths with berthing capacity of 100,000 tons and annual designed throughput of 44 million tons, is one of the important channels for the country to transport coal from the north to the south and coal from the west to the east. On the New Year’s Eve, the coal supply and transportation will not stop, and all employees in related positions will be on duty.

After the production posts are handed over one after another, the posts of centralized control, storage yard, sampling and so on are achieved under one operation instruction. The central controller monitors the automatic weighing, sampling and coal blending of coal in the operation process through the central control system to ensure the orderly connection of all links in loading and unloading operations. Ge Chengcheng and his colleagues also concentrated their efforts and their work efficiency was full.

"This year is the second consecutive year that I have spent New Year’s Eve in my post. If it is my turn to be on duty, I must take this responsibility!" Ge Chengcheng said with a smile, "The difference is that this year, my old Tang is also on duty on New Year’s Eve."

Ge Chengcheng’s husband, Tang Xu, is the head of the production support department of SDIC Jingtang Port, and has been working at the production site for several days. The palletizing operation requires the deployment of a flow machine, the yard is windy, and the coal samples need to be loaded out of the warehouse … He has become a proper logistics "first brother". For this couple who are on duty during the Spring Festival, being together is reunion.

Fang Guofeng Wen/Photo courtesy

Zhejiang Expressway: Keep the Road Smooth and Keep Improving

The Xinchang-Tiantai section of Shangsan Expressway is the traffic artery in the eastern part of Zhejiang Province. During the Spring Festival, a large number of tourists travel to Tiantai kokuseiji, and the traffic volume on this section runs at a high level.

On February 14th, the fifth day of the Lunar New Year, Zhang Weiqiang, secretary of the Tiantai Resident Party Branch and resident director of Zhejiang Communications Group, came to the unit early to check the traffic situation of road vehicles before monitoring the big screen. "The weather is good during the Spring Festival holiday, and the number of people who come out to travel has increased. Although the traffic volume on some sections has increased, the overall traffic condition is good. We have prepared a number of smooth plans to go all out to maintain the traffic environment. " Zhang Weiqiang said that there are many snow, ice, rain and fog weather on mountain expressways in winter, so he paid special attention to the study of road smoothness techniques under bad weather conditions.

In December 2000, Shangsan Expressway was opened for operation, and Zhang Weiqiang has since become a highway person. After 24 years’ persistence in Spring Festival travel rush, Zhang Weiqiang led the Baochang team to explore the process of snow removal and smoothness in practice with precise command, collaborative integration and expansion linkage, summed up a series of practical techniques such as snow protection and low temperature freezing prevention, and cultivated a "veteran eagle post" party member assault team, and the Spring Festival travel rush Baochang system was gradually improved.

Zhang Weiqiang also spent enough time on the quick evacuation of the accident. A series of rescue tools, which have won national invention patents, such as the replacement wheel with small vehicle speed, the replacement wheel with locked truck hub, the support frame of large truck, and the air pump device on the trailer, are artifacts that Zhang Weiqiang equipped to improve the efficiency of road maintenance.

On the second day of New Year’s Day, a car broke down at 267K in the three-door direction because of the locking of the rear wheel. After the rescuer arrived, he immediately put a replacement wheel on the rear wheel of the faulty car at a low speed and towed it away in only 5 minutes. "As soon as the accident is handled, there will be more security. It is our greatest wish to return home safely." Zhang Weiqiang said that during the Spring Festival, he paid special attention to the efficiency of security, requiring the resident security team to arrive strictly in 12 minutes, complete the disposal in 30 minutes, and complete the rush in 60 minutes.

"I have been confused and anxious, but now I am more happy and proud." Zhang Weiqiang said that after guarding this road for 24 years, he had a deep feeling with the road and the "Veteran Eagle Gang". "What is flowing in my blood now is the pursuit of road smoothness and Excellence, which is a deep and sincere feeling of traffic people."

Wang Yuan Luo Jiachun Wen/Photo courtesy

Fuzhou North Bus Station: the most trusted figure in the eyes of passengers

On February 9, less than 6 o’clock in the morning, Zhu Xin had arrived at Fuzhou North Bus Station in Fujian. She quickly changed into work clothes, tidied up the station and started a day’s work.

At the volunteer service desk, Zhu Xin welcomed the first passenger who came to consult.

"I forgot to bring my ID card. With my child, can I buy a ticket and take a bus?" A middle-aged man asked.

Zhu Xin taught him to apply for a temporary ride certificate and instructed him how to buy a ticket.

"Hello, help me check if there is a bus to Hainan?"

"Excuse me, do you have any tickets to Shaowu? Where can I buy it? "

"Can you help me get the ticket?"

……

During his stay in Spring Festival travel rush, hundreds of people went to the service desk for help every day. Zhu Xin and his colleagues were always patient and meticulous in answering questions, enthusiastic and sincere in service, and watched the passengers come with anxious faces and leave with smiles.

"Little sister, help me get the ticket, thank you." Zhu Xingang sent away the passengers in front, and Aunt Chen, who is in her 60 s, handed in her ID card and wanted to pick up the ticket.

"Auntie, you sent the bus to Zhou Ning at 12 noon. Now there is the last ticket for Zhou Ning’s bus at 8: 40 in the morning. Do you need to change it?" Worried that the elderly will have to wait for nearly three hours, Zhu Xin offered to provide the change service. "Thank you so much! Your service is really good! " Aunt Chen even thanked her and got on the bus back home in advance.

After busy at the information desk, Zhu Xin came to the waiting hall again. Wearing a ribbon of volunteer service, she is the most trusted figure in the eyes of passengers. Carrying bags and suitcases, answering inquiries, looking after luggage, guiding into the station, cleaning up … These services are trivial and complicated, but Zhu Xin has done it with great care and patience. "My job is to serve passengers, and I will be there whenever I need it." Zhu Xin said.

As the vice squad leader of the service team of Fuzhou North Bus Station, Zhu Xin has worked in the service team for more than ten years. Under the leadership of the predecessors and the accumulation day by day, Zhu Xin wrote down many service essentials: the old and the young are sick and pregnant, and they should take the initiative to help them; Older passengers are inconvenient to travel, so they should take the initiative to pay attention and guide; Foreign tourists are afraid of getting on the wrong bus and crossing the point by mistake, so they should be guided gently and patiently; Children are lively and active, so we should pay attention to safety … Sincere smiling face, warm words, thoughtful service and meticulous care. Zhu Xin integrates these service details into his daily work. After a hasty lunch, Zhu Xin plunged into the busy work in Spring Festival travel rush.

Fu Xiaoying Chen Jingjing reporter Xue Rongtai Wen/Photo courtesy

Fuyang West Railway Station: Chinese New Year is to run in the crowd.

At 5 o’clock in the morning of the sixth day of the first month, the drizzle in northern Anhui was accompanied by a cold wind. Mu Shuwen, the stationmaster on duty at Fuyang West Railway Station, quickly walked out of the dormitory door, came to the station and got into the surging crowd. This is her 13th year in Spring Festival travel rush.

Fuyang, Anhui Province, with a population of over 10 million, is one of the famous labor exporting places in China, with more than 3 million people working in Jiangsu, Zhejiang and Shanghai all the year round. "369, go out" is a traditional custom for local people to travel. On the sixth day of the first month, the tide of Fuyang people going out came as scheduled.

Mu Shuwen hurried into the Leifeng service station of Yingzhou Love, and there was an endless stream of visitors who came to consult. "Excuse me, I bought my ticket in the wrong direction. What should I do?" "I am old, my leg has been injured, I can’t move easily, and I can’t get a mobile phone." ….. Just over half an hour, Mu Shuwen kept his eyes open and his mouth shut, which solved the trouble for 22 passengers.

At 11: 12, Mu Shuwen’s walkie-talkie sounded: "A passenger on the G2693 train from Xinxiang East to Shenzhen North lost his valuables and needed to be handed over." She trotted to platform 10, took the lost red luggage case back to the service station, and compiled the passenger record.

In busy Spring Festival travel rush, the work of passengers is "continuous". "During the Spring Festival, the daily workload is doubled than usual. We have to send and receive 28 trains from morning till night." Mu Shuwen said that at the end of the day, you need to stand and walk for seven or eight hours, often with backache and numbness in your hands and feet. "Between 11 o’clock and 12 o’clock, there are 16 trains passing through Fuyang West Station intensively. Our station will receive and send a train in less than 4 minutes on average." Mu Shuwen said, "Most of these trains are passing trains in long groups, with large passenger flow and short stop time, so it is self-evident that the on-site organization is difficult. This requires that our service work should not be sloppy, and it must be meticulous and meticulous. "

"Please don’t be crowded, pass the gate in an orderly manner, and brush your ID card to enter the station." At 12: 46, Mu Shuwen trotted to the entrance of 1B ticket gate with a trumpet in her hand, waiting for the passengers to stop at the station, and then she transferred to Platform 1 without stopping. It was not until about 13 o’clock that I could eat a few meals sent by the canteen.

Keep an eye on all posts, divert large passenger flow and maintain order; At the peak of passenger flow, coordinate and dock with passengers in advance, calculate the time point carefully and organize passenger flow; In case of emergency, the first time to deal with the disposal … Mu Shuwen at 22: 35 on the same day to send away the last train, only to return to the dormitory.

On that day, Fuyang Railway safely sent 99,100 passengers, a year-on-year increase of 2.28%. Among them, Mu Shuwen’s Fuyang West Railway Station passenger team received 182 trains and sent more than 27,000 passengers. "Tomorrow we will run the night high-speed train at the station, and the two-shift passenger transport staff will be even busier." Mu Shuwen smiled and waved, as if never tired, and walked into another late night.

Lu Yingguo Text/Photo courtesy

Chongqing Public Transport: No matter how late it is, we must take passengers home.

On New Year’s Eve, there are still crowds outside the T2A terminal of Chongqing Jiangbei International Airport. One after another, passengers set foot on the K01 line of the airport express, and there were bursts of laughter in the carriage.

Airport Express Line K01 does not close until it receives the passengers of the last flight every day. This late-night "car ferry" is also the only bus line in Chongqing that has no fixed closing time. With the opening of the curtain in Spring Festival travel rush, the K01 line has become more and more busy, carrying the homesickness of Spring Festival travel rush’s returning home at night and speeding home.

The driver of this night bus is Yu Yungang, and this year is his sixth time in Spring Festival travel rush. "Around the Spring Festival is our busiest time of the year. At night, the passenger flow of the airport express line is still very large, and staying up late is a common occurrence." Yu Yungang said that in his impression, the latest time was around 5: 30 in the morning.

Yu Yungang and his colleagues have long been accustomed to such night shift life. "If you do this job, you must do it well. No matter how late it is, you must pick up the passengers and go home. " Different from the conventional bus lines, the driver of the airport express is a business card representing the image of Chongqing, which is the first impression left by many passengers when they come to Chongqing.

"Ladies and gentlemen, happy Spring Festival! Thank you for choosing to take the airport express. Please fasten your seat belt and we are ready to leave. " Soon, the passengers on the bus were almost full. After a few greetings, Yu Yungang sat in the cab and drove to the city. In the carriage, the wanderers returning home are chatting about their New Year plans and New Year’s resolutions, and a vigorous warmth is surging in the carriage …

During the Spring Festival this year, Chongqing Communications Investment Group launched more than 6,000 buses and more than 320 rail trains as regular transportation capacity every day, further improving the matching of transportation capacity and volume; The bus reserves more than 300 motor vehicles every day, and each line yard of rail transit arranges one hot standby vehicle and one cold standby vehicle, which will be put into operation in due course.

According to the change of passenger flow, Chongqing public transport takes timely operation and organization measures such as adding cars, working overtime and delaying. Rail transit has also established a working mechanism of dynamic optimization of traffic organization, and measures such as reducing the number of trains returning to the depot, adjusting small routes and extending the stop time of key stations are taken every day from 19: 00 to 23: 00 to ensure the transport capacity at night.

Zhao Xiaoxue Wen/Photo courtesy

Tianjin air traffic control: the Spring Festival handover of air traffic control couples

"Today I’m off duty to sweep the dust first, and tomorrow you will prepare your parents’ new year’s goods." "You are working the night shift on New Year’s Eve this year, so I will leave jiaozi for you and go home to eat at night." This is the Spring Festival "handover" between Zhang Dengke and Li Xinshu, air traffic controllers of Tianjin Tower. They have already spent eight such Spring Festival together.

Zhang Dengke and Li Xinshu are brothers and sisters, both in the tower, and colleagues, belonging to the combination of "two-tube combination". Their daughter was born on the eve of the Spring Festival in 2019 and was named "Yunhang". Li Xinshu said that this is to hope that their small civil aviation family will sail as freely as possible in the clouds and be safe and smooth.

At work, what others see is Li Xinshu’s dashing and heroic attitude. Behind the countless safe landings and landings, Li Xinshu and his colleagues silently persisted, devoted themselves wholeheartedly, shouldered heavy responsibilities and worked hard day after day.

On New Year’s Eve this year, Li Xinshu kept her old age in her post again. "Although I missed the reunion with my family, I am very pleased to be able to escort the reunion of thousands of families." Li Xinshu introduced that during the period of Spring Festival travel rush, the number of flights increased, and the controllers needed to be more focused and quick-thinking, and make reasonable command and coordination plans in time to ensure the safe take-off and landing of each flight.

On the first day in the Year of the Loong, Zhang Dengke came to the post to hand over the shift, and the couple once again spent a special Spring Festival in their own way. "For our family, life is work, and work is for a better life. Only a big country can have our small family, and we must have the feelings of home and country." Zhang Dengke said.

"I’m on the job on New Year’s Eve. You take care of the elderly and the children at home. It’s hard!"

"I am on duty on the first day, pay New Year greetings to my parents and give my children lucky money!"

"CCA2887, tower, runway 16R, calm wind on the ground, you can take off, happy Spring Festival!"

……

The sound of greetings is full of the gathering of the air traffic control couple during the Spring Festival, just for the lights of their duties. Zhang Dengke and Li Xinshu are used to this kind of handover watch. As long as the post needs them, they are there to escort the reunion road in the air.

Ren Xiang

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Follow-up of the explosion accident in Zhejiang Zhenhai No.1 Company: 3 deaths and 2 injuries have been caused.

Follow-up of the explosion accident in Zhejiang Zhenhai No.1 Company: 3 deaths and 2 injuries have been caused.

  Zhongxin. com, Ningbo, June 30 (Reporter He Jiangyong) At 14: 40 pm on June 29, an explosion accident occurred in Ruisheng Renewable Resources Co., Ltd., Ningbo, Zhejiang Province, causing 2 deaths and 3 injuries. On the 30th, the reporter recently learned from Zhenhai government department that one injured person was seriously injured and died at 1: 15 am on the 30th after full rescue. At present, the accident has caused 3 deaths and 2 injuries, and the injured person is being treated in the hospital.

Follow-up of the explosion accident in Zhejiang Zhenhai No.1 Company: 3 deaths and 2 injuries have been caused.

  On June 29th, Zhenhai government announced that at about 14: 40pm on the 29th, Ningbo Ruisheng Renewable Resources Co., Ltd., located in Houhaitang area of zhenhai district, had an explosion accident, resulting in 2 deaths and 3 injuries.

Follow-up of the explosion accident in Zhejiang Zhenhai No.1 Company: 3 deaths and 2 injuries have been caused.

  Upon verification, the deceased was: Zi×××, male, from Yingshang County, Anhui Province; Lai XX, male, from Ruijin City, Jiangxi Province.

Follow-up of the explosion accident in Zhejiang Zhenhai No.1 Company: 3 deaths and 2 injuries have been caused.

  The reporter recently learned from the Zhenhai government department that one injured person (Ren Xx, male, from Chunhua County, Shaanxi Province) was seriously injured and died at 1: 15 am on the 30th after full rescue. The other two injured people are currently in stable vital signs.

  Zhongxin. com reporters will continue to pay attention. (End)

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Eight multinational pharmaceutical companies set up R&D innovation centers in Beijing.

The Beijing News (Reporter Zhou Huaizong) The reporter learned from the Beijing Municipal Development and Reform Commission that at present, eight well-known foreign-funded pharmaceutical enterprises have set up new R&D or innovation projects in Beijing and obtained the "service package" of Beijing enterprises.

 

In recent years, Beijing has regarded the medical and health industry as one of the "double engines" supporting the innovation and development of the capital, and has continuously increased its policy support. Since 2018, it has successively issued three rounds of medical and health industry action plans, and issued a series of policies to support the high-quality development of innovative medicines, such as "32 articles" and iteratively updating the development of foreign R&D centers. Up to now, the city has identified five batches of 149 foreign R&D centers, among which the medical and health fields account for the largest proportion, reaching 40, which has become a new power source for foreign investment growth.

 

According to the relevant person in charge of the Beijing Municipal Development and Reform Commission, Beijing has formed a model of close coordination between the two levels of urban areas and strong cooperation among various units, and promoted the implementation of a number of pilot policies in the biomedical field. At the same time, the industrial map of Beijing was compiled, showing the distribution and guiding direction of Beijing’s medical and health industry resources, sorting out the talent needs of six sub-sectors and 14 professional and skilled talents, guiding the precise matching of human resources and medical and health industry, and building a supply-demand docking channel of "enterprise+application scenario", empowering people to find technologies for scenarios and scenarios for technologies.

 

In terms of strengthening services, Beijing has innovatively established a system of "service package" and "service housekeeper" for enterprises to provide services for foreign-funded enterprises. Establish a "first-in-first responsibility system". All departments in urban areas are responsible units for serving enterprises, and take the initiative to provide enterprises with industrial policies, government services, public services, etc., to solve the cross-regional, cross-departmental and cross-level problems of enterprises in key periods and key links. At present, more than 1,700 foreign-funded enterprises have been served, and more than 9,800 services have been provided to enterprises, with the completion rate and satisfaction rate reaching over 99%.

 

It is understood that eight multinational pharmaceutical companies that have recently set up R&D or innovation projects in Beijing have all been included in the "service package" of Beijing enterprises, and services such as implementing policy support, promoting innovation and development, and doing a good job in service guarantee are provided by the urban areas, and they are supported in terms of funds and talents. Beijing also selected Yizhuang New Town to build Beijing Medicine Innovation Park, which is located in the south extension line of Beijing’s central axis, and is an important node of China Unicom’s "double hub" and convenient international exchanges. Covering 9 regulatory agencies, 16 3A hospitals and 5 high-quality medical colleges within a radius of 15 kilometers, relying on the profound biomedical industry foundation of Yizhuang and Daxing, it can provide sufficient essential resources for medical innovation. Four functional areas are planned to be built in the area, which can meet the space needs of enterprises from R&D, pilot test to mass production.

 

Editor Zhang Shujing

Proofread Yang Li

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Consciously transforming the subjective world is an important political advantage of the party.

  Author: Ye Hongyun (special researcher of Beijing Supreme Leader New Era Socialism with Chinese characteristics Thought Research Center and associate professor of Beijing Jiaotong University)

  Attaching great importance to the transformation of the subjective world and persisting in ideological party building are our party’s fine traditions and important political advantages. Consciously transform the subjective world with Socialism with Chinese characteristics Thought of the Supreme Leader in the New Era, and deeply understand a series of requirements of this thought on strengthening ideals and beliefs, enhancing ideological realm and strengthening party spirit training, so as to always maintain the political nature of communist party people. This is not only a new requirement and task to promote the new great project of Party building, but also of great significance for us to transform the objective world in the new era and journey, to transform the truth contained in the Party’s innovation theory into a powerful practical force to resolve problems and contradictions, overcome risks and challenges, and to promote new progress and breakthroughs in Chinese modernization.

  It is the Communist Party of China (CPC)’s fine tradition to consciously transform the subjective world.

  Subjectivity and objectivity are a pair of basic contradictions in human practical activities. Whether people’s subjective understanding conforms to objective reality is an important condition for the success of practical activities. Comrade Mao Zedong pointed out in "On Practice" that the struggle of the proletariat and the revolutionary people to transform the world includes the following tasks: transforming the objective world and transforming their own subjective world — — Transform your cognitive ability and the relationship between the subjective world and the objective world. The subjective world is a multi-faceted, multi-level and multi-dimensional spiritual world, including thinking mode, ideals and beliefs, knowledge and ability, emotional will and moral concepts. As far as a political party is concerned, its subjective world refers not only to the ideological state of the whole party, but also to the ideological state of the individuals in the party, which is a concrete historical unity.

  People’s subjective world is gradually generated and developed in practice, and at the same time it has an important impact on practice. "Book of Rites University" pointed out that "the ancient desire is clearly superior to the world, and the country should be ruled first; If you want to govern your country, you should first get your family together; If you want to get your family together, repair your body first; If you want to cultivate your body, you should first correct your heart. " Wang Shouren, a thinker in the Ming Dynasty, paid attention to the unity of knowledge and action, and thought that "knowing is the idea of doing, and doing is the work of knowing; Knowing is the beginning of doing, and doing is the achievement of knowing. " All these affirm the importance of subjectivity to objectivity.

  The Communist Party of China (CPC) is a Marxist political party with a high degree of historical consciousness, which adheres to dialectical materialism and historical materialism world outlook. Since its establishment, it has placed the party’s ideological and theoretical construction in an important position. In order to maintain the advanced nature and purity of the Party, the First Congress of the Party "decided to pay special attention to organizing workers and educating them in the spirit of communism". Comrade Mao Zedong pointed out in "The Struggle in Jinggangshan": "The problem of proletarian ideological leadership is a very important issue", and clearly put forward the important idea of building the party ideologically. In 1941, in order to thoroughly solve and eliminate the erroneous influence of Wang Ming’s "Left" dogmatism in the Party, the Party carried out Yan ‘an rectification movement, improved party member’s theoretical level of Marxism-Leninism by studying and carrying out criticism and self-criticism, established the ideological line of seeking truth from facts, promoted the process of Marxism in China, realized a great revolution in which the Party consciously transformed the subjective world, and laid an ideological foundation for winning the victory of War of Resistance against Japanese Aggression and the new-democratic revolution.

  After the founding of New China, during the period of socialist revolution and construction, the new period of reform, opening up and socialist modernization, the Party persistently strengthened the Party’s ideological and theoretical construction and conducted many party-wide education activities on Marxism and party spirit. Especially since the reform and opening up, in the face of profound changes in the economic system, social structure, interest pattern and ideas, Party consolidation activities, "three stresses" education activities, Theory of Three Represents study and education activities, education activities to maintain the advanced nature of the Communist Party of party member, in-depth study and practice of Scientific Outlook on Development, the party’s mass line education and practice activities, special education on "three strictness and three realities", study and education on "two studies and one doing", education on "Do not forget your initiative mind, bearing in mind the mission", study and education on the history of the Party, and study and implement the theme education of Socialism with Chinese characteristics Thought in the new era of the supreme leader, etc., have been carried out to maintain the advanced nature and purity of the party. As the General Secretary of the Supreme Leader pointed out: "One of the important reasons why the Communist Party of China (CPC) has been able to grow and develop through hardships and hardships is that our party has always attached importance to building the party with ideas and strengthening the party with theory, so that the whole party has always maintained a unified thinking, firm will, coordinated actions and strong combat effectiveness."

  Consciously transforming the subjective world is the inherent requirement of strictly administering the party in an all-round way

  Since the 18th CPC National Congress, Socialism with Chinese characteristics has entered a new era. How to coordinate the overall situation of the great rejuvenation strategy of the Chinese nation and the unprecedented changes in the world in the past century, unite and lead the people of all ethnic groups across the country to build a socialist modern power in an all-round way and realize the goal of the second century, put forward higher requirements for the party’s leadership and new tasks for the party’s ideological and theoretical construction.

  In view of the loose management of the party and the outstanding problems that have affected the party’s long-term governance, the CPC Central Committee has deepened the comprehensive and strict management of the party, made a breakthrough from the formulation and implementation of the eight central regulations, put forward and implemented the general requirements for party building in the new era, guided all the work of party building with the party’s political construction, persisted in the ideological and institutional efforts to build the party, made serious political life within the party, continued to carry out centralized education within the party, and rectified the "four winds". Punishing corruption and opposing privileged thoughts and phenomena have stopped some unhealthy trends that have not stopped for a long time, corrected some stubborn diseases that have not been eliminated for many years, and found the second answer of self-revolution, which jumped out of the historical cycle rate of controlling the rise and fall of chaos. The Party’s abilities of self-purification, self-improvement, self-innovation and self-improvement have been significantly enhanced, and the inner-party political ecology with a clean atmosphere has been continuously formed and developed.

  Strictly administering the party in an all-round way is the great practice of the party’s self-revolution in the new era. In this self-revolution, it is of great significance to strengthen theoretical arms and strengthen ideals and beliefs. The General Secretary of the Supreme Leader pointed out that "leading cadres, especially senior cadres, should take the systematic mastery of the basic theory of Marxism as their housekeeping skill" and "it is always the foundation for communist party people to settle down and live".

  The firmness of ideals and beliefs comes from the firmness of ideological theory. Since the 18th National Congress of the Communist Party of China, the CPC Central Committee has incorporated the comprehensive and strict administration of the Party into the "four comprehensive" strategic layout, promoted the building of a clean and honest party style and the anti-corruption struggle with unprecedented courage and determination, and made historic and groundbreaking achievements in the comprehensive and strict administration of the Party, which has had an all-round and deep-seated impact. These vivid practices show that improving the "housekeeping skills" to supplement the spiritual calcium is the ideological foundation to resist corruption and change, and to ensure that the Party will never deteriorate, change color and taste, and it is also an important ideological guarantee for party member cadres to transform the subjective world and carry out a great struggle with many new historical characteristics in the new era.

  Consolidate the ideological cornerstone of transforming the subjective world in the new era

  At present, the important task of theoretical armed forces is to use the latest achievement of Marxism China modernization — — Socialism with Chinese characteristics Thought, the supreme leader in the new era, educates the whole party and further enhances its consciousness and initiative in transforming the subjective world.

  First of all, this is the need to uphold and develop Socialism with Chinese characteristics. Socialism with Chinese characteristics not only adheres to the basic principles of scientific socialism, but also endows it with distinctive China characteristics according to the conditions of the times, which is the only way to realize the great rejuvenation of the Chinese nation. Whether Socialism with Chinese characteristics can strengthen his road confidence, theoretical confidence, institutional confidence and cultural confidence is related to the future and destiny of the cause of the party and the country. The General Secretary of the Supreme Leader pointed out: "The fundamental reason why some of our comrades have dim ideals and wavered in their beliefs is that their views on historical materialism are not firm. It is necessary to educate and guide the vast number of party member and cadres to unify the practice of Socialism with Chinese characteristics’s common ideal and the firm communist ideal, so as to be pious, persistent, trustworthy and profound. " Socialism with Chinese characteristics Thought of the Supreme Leader in the New Era has made profound thinking and scientific judgment on what kind of Socialism with Chinese characteristics to stick to and develop in the new era and how to stick to and develop Socialism with Chinese characteristics’s major issues in the new era. Its world outlook and methodology, as well as the standpoint and viewpoint methods running through it, are important ideological guidance for improving the party’s consciousness and initiative in transforming the subjective world, further strengthening its ideals and beliefs, and mastering scientific leadership methods, thinking methods and working methods.

  Secondly, this is the need to comprehensively promote the great rejuvenation of the Chinese nation with Chinese modernization. Building a socialist modern country in an all-round way is a great and arduous undertaking. At present, the world’s great changes that have never happened in a century have accelerated its evolution, global problems have intensified, and the world has entered a new period of turmoil and change. China’s reform, development and stability are faced with many deep-seated contradictions, which cannot be avoided. China’s development has entered a period in which strategic opportunities and risk challenges coexist and uncertainties and unpredictable factors increase. How to coordinate the overall situation at home and abroad, and constantly promote and expand Chinese-style modernization in comprehensively deepening reform and opening up requires planning, layout and promotion with a higher strategic vision and deeper strategic thinking. Socialism with Chinese characteristics Thought of the Supreme Leader in the New Era profoundly reveals the China characteristics, essential requirements and major principles of Chinese modernization, which is an important ideological basis for improving the consciousness and initiative of the whole party to transform the subjective world, further subliming historical consciousness, strengthening historical self-confidence, grasping historical initiative, and promoting and expanding Chinese modernization.

  Finally, this is a sober and firm need to solve the unique problems of the big party. The key to China’s success lies in the Party. The Communist Party of China (CPC) is the largest Marxist ruling party in the world, and the "four major tests" and "four dangers" faced by the party will still exist for a long time. How to continue to take the new road of catching up for the exam requires a new mental state, a new development atmosphere and a new practice. Socialism with Chinese characteristics Thought, the supreme leader in the new era, made profound thoughts and scientific judgments on the major issues of the new era, such as what kind of long-term ruling Marxist political party to build and how to build it, and profoundly explained the goals, tasks, ways and means of party building in the new era, which is an important ideological guide for further deepening the understanding of communist party’s ruling law, socialist construction law and human social development law and solving the unique problems of big parties.

  The development of human society is a historical process from the realm of necessity to the realm of freedom. There is no end to transforming the objective world and the subjective world. Leading the great social revolution with the party’s self-revolution is an important experience of comprehensively administering the party strictly since the 18th National Congress of the Communist Party of China. March on that new journey of building a socialist modern country in an all-round way and promote the great rejuvenation of the Chinese nation in an all-round way, the Communist Party of China (CPC) people can only carry forward the spirit of struggle, enhance their fighting skills, seize strategic opportunities, cope with risks and challenges, open up new opportunities in the changing situation, win the initiative, win advantages and win the future by consciously transforming the subjective world with Socialism with Chinese characteristics Thought of the Supreme Leader in the new era, strengthening their ideals and beliefs, enhancing their ideological realm and strengthening party spirit.

通过admin

China Film Association: Resolutely resist tax evasion, involvement in "pornography and gambling", bid-up of film remuneration, box office fraud and other acts.

Cctv newsGuan Wei of China Film Association issued the Convention on Professional Ethics of Film Workers on June 8th, in which it was proposed that we should adhere to strict self-discipline, abide by discipline and law, observe public order and good customs, abide by industry norms, respect professional ethics, promote social justice, practice the spirit of the rule of law, be enthusiastic about public welfare and be willing to contribute, cherish the solemn mission entrusted by the party and the people, earnestly perform the sacred duties of human soul engineers, be upright and do things in vain, and become true, good and kind. Abide by the laws and regulations on environmental protection, cultural relics protection and safe production in the shooting place, resolutely resist tax evasion, involvement in "pornography and gambling", bid up the film remuneration, ghostwriting by gunmen, malicious speculation, box office fraud, illegal reprinting and other illegal and immoral acts, and oppose showing off wealth and competing for luxury, forgetting profit and justice, and abandoning abnormal aesthetics.

Convention on professional ethics of film workers

(Revised at the Working Meeting of the Professional Ethics Construction Committee of the Film Industry in 2023)

This Convention is formulated in order to further strengthen the professional ethics construction of filmmakers and the construction of film industry ethics, vigorously carry forward the socialist core values, actively practice the core values of patriotism, serving the people, respecting morality and respecting art in the literary and art circles, strive to be a film worker with faith, affection and responsibility in the new era, jointly create a clean and upright film ecology, and contribute to building a socialist cultural power and realizing the Chinese nation’s great rejuvenation of the Chinese dream.

First, adhere to patriotism for the people. Loyal to the motherland, loyal to the people, support the Communist Party of China (CPC)’s leadership and the Socialism with Chinese characteristics system, persist in serving the people and socialism, be mindful of "the country’s greatest", focus on the great cause of national rejuvenation, focus on realizing the Chinese dream of the great rejuvenation of the Chinese nation, play a positive role in recording the changes of the times, showing social changes, and writing people’s feelings, and consciously undertake the mission of raising flags, gathering people’s hearts, educating new people, rejuvenating culture and displaying images, carry forward the main theme and spread positive energy. Resolutely resist all words and deeds that split the motherland, undermine national unity, endanger social harmony and stability and harm people’s interests.

Second, strengthen cultural self-confidence. Adhere to the development of literature and art in Socialism with Chinese characteristics, adhere to integrity and innovation, adhere to the position of Chinese culture, carry forward the national spirit with patriotism as the core and the spirit of the times with reform and innovation as the core, promote the creative transformation and innovative development of Chinese excellent traditional culture, absorb and draw lessons from the beneficial achievements of human civilization, praise the truth, goodness and beauty, criticize the false and the ugly, tell the story of China well, carry forward the spirit of China and spread the value of China. Resolutely resist ridiculing the sublime, distorting the classics, subverting history, vilifying the people and heroes, and opposing western obedience, historical nihilism and cultural nihilism.

Third, concentrate on creation and cultivation. Adhere to the people’s position, always adhere to the people-centered creative orientation, establish a sense of quality products, go deep into life, take root in the people, enhance the strength of feet, eyesight, brain power and pen, adhere to the unity of profound thinking, exquisite art and excellent production, actively devote yourself to the creation of realistic themes, and eulogize the party, the motherland, the people and the people. Resolutely resist shoddy work, copying and following the trend, and oppose box office, traffic and ratings.

Fourth, the pursuit of virtue and art. Adhere to artistic ideals and artistic conscience, keep awe of film art and sincere heart for specialty, keep the right path and take the main road, strengthen ideological accumulation, knowledge reserve, cultural accomplishment and artistic training, stress taste, style and responsibility, unify personal moral accomplishment, social image and social effect of works, maintain active pursuit of life and healthy interest in life, and achieve mastery of knowledge, integration of moral talents and feelings, and unity of character and art. Resolutely resist vulgarity, vulgarity and kitsch, and oppose money worship, hedonism and extreme individualism.

Fifth, advocate unity and progress. Persist in letting a hundred flowers blossom and a hundred schools of thought contend, respect the laws of art, carry forward academic democracy and artistic democracy, carry out professional, authoritative and healthy film criticism, enhance the vigor and vitality, praise the good and discard the bad, stir up confusion and make clear the future, meet the good Si Qi, learn from each other’s strong points, unite, harmonize and make common progress, carry forward the morals and artistic virtues, establish a good social image in the film industry, and actively create self-esteem, self-love, mutual learning and mutual learning, and a clear sky. Insist on telling the truth, being reasonable and being upright, use historical, people’s, artistic and aesthetic viewpoints to judge works, do not blindly follow the trend, do not flatter vulgar, and put an end to red envelope comments and human comments. Resolutely resist rumors, cyber violence, and "rice circles", and never be a maker, follower or advocate of bad atmosphere.

Sixth, lead the social fashion. Adhere to strict self-discipline, model law-abiding, abide by public order and good customs, abide by industry norms, respect professional ethics, carry forward social justice, practice the spirit of the rule of law, be enthusiastic about public welfare and be willing to contribute, cherish the solemn mission entrusted by the party and the people, earnestly fulfill the sacred duty of the human soul engineer, do things honestly, and become a disseminator of truth, goodness and beauty, a practitioner of advanced culture, a leader of the times and a shaper of social image. Abide by the laws and regulations on environmental protection, cultural relics protection and safe production in the shooting place, resolutely resist tax evasion, involvement in "pornography and gambling", bid up the film remuneration, ghostwriting by gunmen, malicious speculation, box office fraud, illegal reprinting and other illegal and immoral acts, and oppose showing off wealth and competing for luxury, forgetting profit and justice, and abandoning abnormal aesthetics.

Members of all organizations of the China Film Association should widely publicize and promote the implementation of this Convention. Members of the China Film Association, members of special committees (members) and filmmakers should actively publicize and consciously abide by this Convention and accept the supervision of the people and all sectors of society.

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Beijing’s first Spring Festival travel rush Linke set off and the iron police escorted the whole journey.

  CCTV News:At 18: 04 on January 13th, the K4019 train from Beijing to Harbin West slowly left Beijing Station. It is reported that this is the first temporary passenger train from Spring Festival travel rush, Beijing Railway Department, and the whole escort journey of Beijing Railway Police is safe.

  On the same day, the Beijing Railway Police Station of the Beijing Railway Public Security Bureau sent more police forces in the station area to strengthen patrols. At about 17 o’clock, the sky in the square was getting dark, and the flashing shoulder lights of the policemen could be clearly seen among the passengers coming and going. With the increase of passengers entering the station, police officers Cui Minglang and Li Shumao came to the entrance to guide the passengers to enter the station in an orderly manner.

  In the third waiting room, anxious to return, a passenger, filled his face with the joy of going home for reunion, and queued up early. Wen Lixin, a policeman, approached the passengers to maintain order, and at the same time reminded them to take good care of their luggage and take good care of the elderly and children.

  At 17: 20, the passengers checked into the station, the train doors opened, and the platform was instantly "lively". In front of the window with festive window grilles, the passengers took photos one after another. Wang Zhuolin, a policeman who repeatedly patrolled the platform, saw passengers carrying big bags and small bags. He trotted forward to help send the passengers to the carriage. Subsequently, Wang Zhuolin and Zhang Zongpeng, the captain of the Fourth Brigade of the Police Detachment of Tianjin Railway Public Security Bureau, saluted each other and completed the handover of the station and bus.

  According to Zhang Zongpeng, in order to ensure the safety of train operation, the Tianjin Railway Public Security Department deployed him and Wang Nan, the instructor of the Second Brigade of the Police Detachment, both of whom are experienced "veterans" of Spring Festival travel rush.

  Walking into the carriage, the passengers sat around talking and laughing. Zhang Zongpeng carefully arranged the backpacks on the luggage rack while patrolling to prevent them from falling and hurting passengers. When passing by the junction of cars, he posted the warning sign in his hand in a conspicuous position and reminded passengers to pay attention to the safety of the journey.

  At 18: 04, the train left the platform of Beijing Railway Station on time and will arrive at Harbin West Railway Station at 10: 20 on the 14th. (correspondent Deng Youlin)