The picture shows the application of biodiesel refining exhibited at the 2023 Shanghai International Low-carbon Smart Travel Exhibition (data picture). According to our database

● Li He

Recently, the State Council issued the Action Plan for Promoting Large-scale Equipment Renewal and Trade-in of Consumer Goods (hereinafter referred to as the Plan). The "Proposal" proposes to actively and orderly develop biomass liquid fuel with waste oil and non-grain biomass as the main raw materials.

Driven by the goal of "double carbon", biomass liquid fuel with good "carbon reduction" properties has attracted much attention. The "Blue Book of 3060 Zero-carbon Biomass Energy Development Potential" jointly issued by the Biomass Energy Industry Branch of China Industry Development Promotion Association and the Environmental Engineering Evaluation Center of the Ministry of Ecology and Environment predicts that from 2021 to 2030, the application of fuel ethanol and biodiesel will be one of the important ways to reduce emissions in road transportation, and bio-aviation fuel will be gradually applied to the aviation field. From 2021 to 2030, it is estimated that the use of biomass liquid fuel will exceed 25 million tons, reducing carbon emissions by about 180 million tons in the transportation field.

Zhang Dayong, Deputy Secretary-General of China Industrial Development Promotion Association and Secretary-General of Biomass Energy Industry Branch, said that the promulgation of "Program" released a positive signal for the resource utilization of organic wastes such as agricultural and forestry biomass and kitchen.

Iteration of biofuel ethanol to non-grain raw materials

Biomass liquid fuel refers to liquid fuel such as ethanol or oil made from biomass through fermentation purification or biochemical synthesis. At present, biomass liquid fuels mainly include biofuel ethanol, biodiesel, green methanol and sustainable aviation fuel.

Among them, biofuel ethanol refers to the anhydrous ethanol with water volume less than 0.5% obtained by fermenting and distilling plants to obtain ethanol with a concentration of about 95% and then dehydrating and denaturing it.

According to different raw materials, biofuel ethanol can be divided into the first generation, the first generation, the second generation and the third generation. The raw materials of the first generation biofuel ethanol are mainly corn, wheat and other food crops. The raw materials of the first and fifth generation biofuel ethanol are mainly non-food crops such as cassava, sweet potato and sweet sorghum. The raw materials of the second generation biofuel ethanol mainly come from agricultural and forestry wastes. The raw materials of the third generation biofuel ethanol are green plants such as algae.

Large-scale production of green methanol needs to be improved

Green methanol is also favored and is constantly setting off an investment boom. For example, Jixi City, Heilongjiang Province, wind power coupled biomass green methanol integration (Phase I) project was put on record, and the project plans to build a 300,000-ton green methanol plant with a total investment of 5.2 billion yuan; CGNPC Xing ‘an League signed an integrated project of 2 million kilowatts of wind power to produce hydrogen and methanol, with an annual output of about 800,000 tons of green methanol and a total investment of 16 billion yuan …

"Biomass-to-methanol, carbon dioxide hydrogenation driven by hydrogen production from renewable energy, and biomass coupling with hydrogen production from renewable energy to synthesize methanol are the main technical paths for green methanol production. Among them, biomass gasification technology, large-scale hydrogen production technology adapted to the law of wind and light power generation, and carbon dioxide hydrogenation to methanol technology have completed several industrial pilot projects, but there are no operating cases of green methanol synthesis devices with a scale of over 100,000 tons, and large-scale production technology needs to be demonstrated and improved. " Wang Jijie, a researcher at Dalian Institute of Chemical Physics, Chinese Academy of Sciences, said.

Biodiesel technology continues to develop.

On April 3 this year, the General Department of the National Energy Administration issued the Notice on Publicity of Biodiesel Popularization and Application Pilots, and publicized 22 pilot projects of biodiesel popularization and application in Haidian District, Shijiazhuang and Guangzhou.

Biodiesel is a renewable energy source produced from waste oil and other biomass, which can directly replace petrochemical diesel as the fuel of existing engine systems. Compared with ordinary petrochemical diesel, biodiesel has more advantages in fuel performance, lubricity and renewability, and can also significantly reduce the emissions of toxic substances such as greenhouse gases, sulfur and aromatic hydrocarbons.

Biodiesel has experienced three generations of development. Zhang Dayong said that the raw materials of the first and second generation biodiesel came from vegetable oil, animal oil and waste cooking oil. The technology of the first generation biodiesel is mature, accounting for more than 85%, but it has some shortcomings, such as poor fluidity at low temperature and unsuitable for long-term storage, which affects the blending ratio. The second generation biodiesel has excellent performance, good engine compatibility and environmental friendliness, and is gradually being commercialized. The raw materials of the third generation biodiesel come from non-oil biomass such as sawdust and crop straw and microbial oil. At present, there are two main preparation methods: gasification of non-oil biomass and preparation of biodiesel from microbial oil. Although the extraction and separation are difficult and the production cost is high, it has a higher carbon emission reduction effect, and the raw materials do not occupy cultivated land and have no scale restrictions, so it is a preparation process with long-term development potential.

Sustainable aviation fuel for commercial aircraft.

Sustainable aviation fuel (SAF) refers to aviation fuel made from biological wastes or renewable resources, which has passed safety certification and sustainable certification.

Recently, China Petrochemical Co., Ltd. (hereinafter referred to as China Petrochemical Company) and Total Energy Company signed a cooperation framework agreement in Beijing, which will jointly produce SAF from waste oils and fats in a refinery of China Petrochemical Company, with an annual production capacity of 230,000 tons.

Bio-jet fuel is one of SAF. China Petrochemical Company developed the bio-jet fuel production technology with independent intellectual property rights in 2009, and produced qualified bio-jet fuel for the first time in December 2011. In April 2013, the aircraft fueled with China Petrochemical Bio-jet fuel successfully made a test flight at Shanghai Hongqiao Airport. In 2015, it made a commercial flight from Shanghai to Beijing on domestic routes, and in 2017, it made an transoceanic flight from Beijing to Chicago on international routes. China has also become the first country in Asia and the fourth country in the world with independent research and development of bio-jet fuel technology.

In May, 2022, China’s first 100,000-ton/year bio-jet fuel industrial plant was put into trial production in Zhenhai Refining and Chemical Company. The raw material was waste oil from restaurants, and it won the first global RSB (Sustainable Biomass Roundtable) certification for biomass sustainable aviation fuel in Asia. In September of the same year, China’s first batch of large-scale production of bio-jet fuel obtained airworthiness certificates.

Mo Dingge, former chairman of China Petrochemical Ningbo Zhenhai Refining & Chemical Co., Ltd., said that compared with the traditional petroleum-based aviation kerosene, the bio-jet fuel produced by Zhenhai Refining & Chemical Co., Ltd. with waste oil as the main raw material can reduce the carbon dioxide emission by more than 70% in the whole life cycle.

How to promote the development of biomass liquid fuel? Zhang Dayong suggested: "We can increase technology research and development, encourage production enterprises to cooperate with universities and research institutes in the United Nations, strengthen research and development and popularization of key technologies and equipment for biomass liquid fuel, achieve technological breakthroughs as soon as possible, and reduce production and operation costs." He believes that the technologies related to the preparation of biomass liquid fuel from cellulose and microalgae can be included in the Catalogue of Low-carbon Technologies for National Key Promotion, and promoted and applied. Accelerate the construction of green certification system, encourage biomass liquid fuel production enterprises to actively access the voluntary certification platform for zero-carbon energy certificates, conduct green certification and trading, and promote international mutual recognition of green certification mechanisms.

According to Science and Technology Daily

Detailed rules for the implementation of reservoir dam safety management in Guangdong Province

(Promulgated by Guangdong Government [1994] No.9 on January 18, 1994, first revised according to Order No.242 of Guangdong People’s Government on July 20, 2017, and second revised according to Order No.251 of Guangdong Provincial People’s Government on January 23, 2018)

the first　In order to strengthen the safety management of reservoir dams (hereinafter referred to as dams) and ensure the safety of people’s lives and property, according to the Regulations of the State Council on the Safety Management of Reservoir Dams (hereinafter referred to as the Regulations), combined with the actual situation in our province, these detailed rules are formulated.

the second　These rules apply to dams with a dam height of more than 15 meters or a reservoir capacity of more than 1 million cubic meters in this province.

Dams include permanent water retaining structures, flood discharge, water conveyance and ship passing structures matched with them, and power plants and other buildings connected with the dam body.

Dam height below 15 meters, more than 10 meters or storage capacity below 1 million cubic meters, more than 100,000 cubic meters, which is potentially dangerous to the safety of important towns, traffic trunk lines, important military facilities and industrial and mining areas, shall be managed with reference to these rules.

Article　The preliminary design documents for dam expansion, reconstruction and reinforcement must be compiled by qualified units in accordance with the technical management procedures formulated by the relevant departments of the state and the province, submitted to the relevant competent departments for examination and approval, and implemented in accordance with the approved design scheme.

Article 4　Dam engineering design includes the main project and engineering observation items matching with the main project, such as seepage pressure, seepage flow, deformation, subsidence, displacement, rainfall, water level, outflow, etc., as well as the design of communication, power, lighting, transportation, fire control, management room and other facilities.

The existing dams with imperfect facilities mentioned above should be supplemented and improved in the design of expansion, reconstruction or reinforcement.

Article 5　Dam construction must be undertaken by the construction unit with corresponding qualification certificate. The construction unit must carry out construction and management in accordance with the requirements of design documents and drawings stipulated in the construction contract and the norms and procedures formulated by the relevant departments of the state and province.

Article 6　When building a dam, the construction unit shall, according to the approved design scheme, draw the people’s governments at or above the county level to delimit the management scope and protection scope according to the following standards, and set up boundary markers. The delineation of the dam management scope within the urban planning area must conform to the urban planning.

(a) large reservoirs (storage capacity of more than 100 million cubic meters) and important medium-sized reservoirs, the horizontal distance from the foot of the dam is not less than 200 meters, and the horizontal distance from the left and right bank walls (or dam heads) is not less than 50 meters.

(II) For dams of medium-sized reservoirs (with a storage capacity of more than 10 million cubic meters but less than 100 million cubic meters) and important small reservoirs, the horizontal distance shall be not less than 100 meters from the dam toe and not less than 30 meters from the left and right bank walls (or dam heads).

(3) The management scope of small reservoirs (with a storage capacity of more than 100,000 cubic meters and less than 10 million cubic meters) shall be delineated by the people’s government at the county level according to the actual situation.

The reservoir dam management unit shall, according to the actual needs, draw the local people’s government to delimit the scope of reservoir dam protection.

Large and medium-sized reservoir spillway beyond the scope of dam management and protection, the scope of management and protection from the spillway lateral wing wall, the horizontal distance of not less than 15 meters.

(four) the management and protection scope of dams that fail to meet the design standards can be appropriately expanded.

The scope of management and protection of reservoir dams that have been delineated exceeds the above standards and will not be changed. If it fails to meet the above standards, it shall be redrawn according to the above standards.

Where the scope of management and protection of a built dam has not been demarcated, the dam administrative department shall, according to the needs of safety management, report to the people’s government at or above the county level for demarcation in accordance with the standards stipulated in these Detailed Rules.

The ownership and use right of the land within the management scope and protection scope of the reservoir dam shall be implemented in accordance with the relevant laws, regulations and rules of the state.

Article 7　Blasting, drilling wells, quarrying, mining, dredging, earth borrowing, grave repairing, land reclamation, fish frying, underground resources exploitation and other activities endangering dam safety are prohibited within the scope of dam management and protection.

Houses and other buildings shall not be built within the scope of dam management and protection without approval. The original buildings that hinder dam safety within the scope of dam management and protection should be demolished; Approved by the competent department of the dam to suspend the demolition, should be measured and registered, no expansion or reconstruction.

Article 8　It is forbidden to drive tracked tractors, hard-wheeled vehicles and heavy vehicles on the dam crest and dam slope; Without the permission of the dam management unit, no motor vehicle may be used on the dam, which is not a dam and a dam slope.

Article 9　The dam authorities should be equipped with qualified full-time safety management personnel as required:

No less than 5 people in large reservoirs; No less than 3 people in medium-sized reservoirs; Small reservoirs are not less than 2 people.

Article 10　Reservoir dams that fail to meet the flood control standards and seismic fortification standards stipulated by the relevant state departments, or have serious quality defects, must formulate control and operation plans.

The control operation plan shall be compiled by the project management unit, examined by the dam authorities, approved and put on record according to the following procedures: for large reservoirs, after soliciting the opinions of the county-level three-prevention headquarters where they are located, it shall be reported to the municipal three-prevention headquarters for review, approved by the provincial three-prevention headquarters, and sent to the provincial people’s government and the national flood control and drought relief headquarters for record. The medium-sized reservoir is audited by the county-level three-prevention headquarters, approved by the municipal three-prevention headquarters, and sent to the provincial three-prevention headquarters for the record. Small reservoirs by the township water conservancy management institutions put forward opinions, approved by the county three defense headquarters, sent to the city three defense headquarters for the record.

Article 11　Dam management units must reserve the main materials for flood control and emergency rescue in accordance with the following standards:

Article 12　The competent department of the dam shall formulate the scope of the flooded area and the emergency plan for the evacuation of the residents in the flooded area caused by the dangerous situation, and report it to the three defense headquarters at the same level for approval. Involving adjacent areas, it shall be approved by the competent three-prevention headquarters in conjunction with the three-prevention headquarters in the relevant areas, or submitted to the higher-level three-prevention headquarters for approval.

Article 13　When the dam shows signs of danger, the dam management unit shall immediately report to the competent department of the dam and the competent three-prevention headquarters, and take rescue measures; When there is danger of dam break, an alarm should be given to the expected dam break flooded area in time.

Article 14　The competent department of the dam shall establish a regular safety inspection and appraisal system for the dam.

Dam inspection and appraisal projects include:

(1) Earth dams. Cracks in dam body, collapse pit, landslide, uplift, ant damage, rat hole, wind and wave erosion, vortex, infiltration, leakage, seepage prevention and decompression, filtration and drainage facilities, and pressure permeability of blanket, etc.

(2) Concrete dams. Cracks, leakage, erosion, erosion, abrasion, cavitation and dealkalization; Sealing of expansion joints, stability of dam piers and bases, leakage of corridors, grouting curtain, filtration and drainage equipment, water seepage, etc.

(3) Mortar masonry dam. Loose, collapsed and local deformation of block stones, cracks and perforations of clay impervious body, cracks, bulges, blisters, creep and aging of asphalt concrete slope protection, etc.

(4) Metal structural parts and electrical equipment. Deformation, crack, corrosion, cavitation, paint peeling, wear, vibration, weld, hammer nail, etc. of metal structural parts; Electrical equipment aging, incomplete, loose, etc.

(5) Gate and hoist. Including the items listed in the fourth item, door leaf frame, panel distortion, door slot and water stop, operation agility of hoist, noise and vibration, screw bending, wear and corrosion of machine parts, wire rope corrosion, wire breakage and fatigue, lifting point combination, stress status and electrical safety protection devices, etc.

(6) Observation of water flow pattern. Including the water flow pattern at the inlet, behind the sluice and weir, and the backwater blocking condition of trash racks, fish blocking facilities and floating objects.

(seven) the dam ancillary works, power, lighting, transportation, communication, safety protection, lightning protection facilities and observation facilities in good condition.

Article 15　The dam shall establish a regular observation system.

Items that must be observed for large and medium-sized reservoir dams:

(1) Earth dams and earth-rock mixed dams: settlement, displacement, saturation line, leakage, confined water of dam foundation, seepage pressure near dam foundation and dam foot, seepage around the dam, etc.

(2) Concrete dams and masonry dams: settlement, displacement, expansion joints, uplift pressure, leakage, temperature and stress in the concrete dam and water temperature in front of the dam, etc.

(3) Drainage and water conveyance structures: subsidence, displacement, uplift pressure, fracture, water seepage, water flow pattern, upstream and downstream riverbed deformation, etc.

(four) the water level in front of the dam and the rainfall in the reservoir area.

The observation of small reservoir dams shall be formulated by the water administrative department at the county level with reference to the observation contents of large and medium-sized reservoir dams.

Article 16　In violation of the "Regulations" and these rules, according to the relevant provisions of the state and province.

Article 17　These rules shall come into force as of February 1, 1994.

[technology circle]

Can Huawei P70 be booked? The store responded.

The trend of Huawei P70 series attracts consumers’ attention. Recently, some media reported that Huawei authorized stores began to accept blind ordering of P70 series products. On April 3rd, the reporter learned from two Huawei flagship stores in Shenzhen that the P70 series products can’t be booked at present. Huawei’s flagship store in Putian, Shenzhen, said that it has not received Huawei’s official notice yet, and it is recommended to continue to pay attention to Huawei terminals. Huawei’s flagship store in Nanshan, Shenzhen, said that the store can’t book P70 yet. In Shenzhen Huaqiang North Huawei authorized store, the staff told reporters: "Huawei P70 can’t be booked yet. You can add staff enterprise WeChat, and consumers will be notified when you can make a reservation later. " (CSI Taurus)

What is the influence geometry of Taiwan Province earthquake semiconductor factory? TSMC and UMC responded.

On April 3, several earthquakes occurred in Hualien County, Taiwan, with the largest magnitude of 7.3. Taiwan Province is an important place for semiconductor manufacturing in the world, and some semiconductor factories in Taiwan Province have responded to the earthquake. Among them, TSMC replied to the reporter that some factories had been evacuated, some machines of UMC were shut down, and Lianhua Electronics suspended the operation of some factory machinery and equipment. Qunlian Electronics replied to the reporter that the cooperative processing factory is still checking the impact of the earthquake. There are also earthquakes in some parts of Japan. Xia replied to the reporter that there is no news about the impact of the earthquake.

Google says it will release "AI SPRINTERS"

According to reports, Google said it would release "AI SPRINTERS" and promised to invest $15 million to support artificial intelligence skills.

Internet

The number of South Korean users of Pinduoduo’s Temu3 increased by more than 40% in March.

It is reported that the number of cross-border e-commerce "Temu" owned by China e-commerce platform "Pinduoduo" in South Korea increased by more than 40% last month, almost surpassing AliExpress owned by Alibaba. Two Korean service providers, Wiseapp·Retail·Goods and IGAWorks, both estimated that the number of Temu3 users increased by more than 2 million in March, and the number of users almost surpassed that of AliExpress. According to data from IGAWorks, the number of Korean users of AliExpress in March was more than 6.941 million.

[Car ring]

Lei Jun: Xiaomi SU7 has more than 100,000 people, and the number of lock orders has exceeded 40,000.

On the morning of April 3rd, the first delivery ceremony of Xiaomi SU7 was held in the assembly workshop of Xiaomi Automobile Factory in Yizhuang, Beijing. Lei Jun, the chairman of Xiaomi Group, revealed that in just a few days, Xiaomi SU7 had more than 100,000 people’s orders, and the number of lock orders had exceeded 40,000. In addition, regarding the bottleneck problem of production capacity, Xiaomi responded to the reporter that Xiaomi Automobile Factory has gone all out to increase production capacity, and fully mobilized supply chain partners to fully guarantee supply, and steadily promoted the delivery of existing orders as soon as possible and the orderly handling of future orders to ensure the delivery experience of users. (Securities Times)

Xiaomi Automobile Factory: The current daily production capacity is less than 300 vehicles, and the supplier said that "an email requesting to increase the spare parts production capacity has been received".

On the morning of April 3, a supplier who visited Xiaomi Automobile Factory told reporters that his company had recently received an email from Xiaomi Automobile requesting to increase the production capacity of accessories. "Xiaomi Automobile has raised the original planned monthly production of about 7,000 vehicles to about 12,000 vehicles." However, the above-mentioned Xiaomi automobile suppliers admit that although all suppliers can supply the accessories needed by Xiaomi automobile, its own production capacity is still difficult to achieve (this goal) in a short time. When the reporter visited, he found that at present, Xiaomi Automobile Factory is still advancing according to the single-shift production system and has not worked overtime. "After communicating with the person in charge of Xiaomi Automobile Factory, I learned that the existing daily production capacity of Xiaomi Automobile Factory is less than 300." The above-mentioned Xiaomi automobile supplier revealed to reporters. According to several suppliers of Xiaomi Automobile, Xiaomi Automobile has increased its annual production capacity demand to 120,000 units in 2024. In this regard, the reporter verified the Xiaomi Group, but as of press time, no response was received. (national business daily)

Krypton responded to "restart the US IPO": it has been filed with the SEC and is preparing for it.

According to reports, a person familiar with the matter has revealed that Krypton has restarted the US IPO plan and may raise up to 500 million US dollars. In a statement in response to the media, Krypton said that the company has filed with the US Securities and Exchange Commission (SEC) and is making preparations. Krypton submitted an IPO prospectus to the SEC in November last year.

LI was reduced by Wang Xing and the company responded.

On April 3, the equity disclosure materials of the Hong Kong Stock Exchange showed that Wang Xing, the founder, director and controlling shareholder of Meituan, once again reduced his holdings of LI shares. Regarding Wang Xing’s reduction, LI responded that recently, Wang Xing sold LI shares, and the specific number of shares is subject to the equity statement filed by Wang Xing on the Hong Kong Stock Exchange. This stock trading is a personal act, and the transaction accounts for a small part of his total shareholding, and does not involve the shareholding of Meituan. (CSI Taurus)

LI: Launching Matrix Organization 2.0 to integrate products and commerce.

On the afternoon of April 3rd, LI issued a staff announcement, announcing the start of upgrading Matrix Organization 2.0, and at the same time adjusting the organizational structure of several departments. Specifically, this organizational change is mainly concentrated in the CEO’s office department in LI. In this announcement, the CEO’s office was officially renamed as "Product and Strategy Group", which focused more on products and strategies and weakened the functions of supply chain and commercial sales. For this adjustment, insiders said that the product line is mainly responsible for the decision-making and trading of product commercial success, achieving an overall goal: commercial success means customer satisfaction and the company making money. (36Kr)

The net profit of the five listed car companies last year was 60.9 billion yuan: BYD accounted for nearly half, and the net profit of the three companies declined.

A few days ago, five listed passenger car companies, including BYD, Great Wall Motor, Guangzhou Automobile Group, SAIC and Geely Automobile, all released their 2023 financial reports. Among them, SAIC’s revenue still ranked first, at 726.199 billion yuan. Two private car companies, BYD and Geely Automobile, both achieved double growth in revenue and net profit, especially BYD’s net profit exceeded 30 billion yuan; Great Wall Motor, Guangzhou Automobile Group and SAIC saw a decline in net profit, among which Guangzhou Automobile Group’s net profit was close to the waist. In total, the net profit of the five car companies totaled 60.906 billion yuan, with BYD accounting for nearly half.

BYD sold more than 300,000 vehicles in March, and the second-generation blade battery was released in August.

A few days ago, BYD Auto announced its sales data in March, and the cumulative sales of new cars in that month was about 302,500, a year-on-year increase of 46.06%. Among them, the export volume of passenger cars was 38,434, up 65% from the previous month and 188.72% from the same period last year. "BYD is currently developing the second generation of blade batteries, which will be released as early as August 2024." At the investor communication meeting of BYD’s 2023 financial report, Wang Chuanfu, chairman and president of BYD, said. It is reported that the energy density of the second generation blade battery will reach 190Wh/kg, and the battery life of pure electric vehicles will exceed 1000km.

Tesla introduced the 0 interest financial policy for the first time.

Tesla China announced in Weibo today that it will launch a low-interest replacement policy for Model 3/Y models in limited time, and for the first time, it will launch a preferential policy of "zero interest" to buy cars by stages. Order the latest Model 3/Y model before the end of April, and you can enjoy 0 interest rate for 3 years or ultra-low interest rate for 5 years. Take three years and 36 interest-free periods as an example. With a down payment of 79,900 yuan, you can drive away a Model Y, with a daily supply of up to 171 yuan.

[new energy]

Contemporary Amperex Technology Co., Limited: The company’s condensed battery is in the cooperative development of the civil electric manned aircraft project.

Contemporary Amperex Technology Co., Limited said on the interactive platform that the company’s condensed battery energy density can reach up to 500Wh/kg, and is cooperating in the development of civil electric manned aircraft projects, implementing aviation-grade standards and tests to meet the safety and quality requirements of aviation-grade. At the same time, it will also launch a vehicle-grade application version of condensed battery.

[Big consumption]

Chow Tai Fook, Zhou Shengsheng, Lao Fengxiang and other gold jewelry collectively exceed 700 yuan per gram.

On April 3rd, CBN reporter inquired about the official platforms of Chow Tai Fook, Zhou Shengsheng, Lao Fengxiang and other brands of gold ornaments, and found that the gold price of gold ornaments of many gold ornaments brands exceeded the 700 yuan per gram on April 3rd.

Ziyan Food: 30 million yuan is planned to participate in the establishment of equity investment fund.

Ziyan Food announced that it has signed the Strategic Cooperation Framework Agreement with Shenzhen Tiantu Capital Management Center (Limited Partnership) and plans to jointly launch a food equity investment fund. The company plans to contribute no more than 30 million yuan.

[real estate]

Is it true that the insurance company and the company negotiate the debt extension? Vanke responded

Some investors have asked Vanke questions on the interactive platform. Is it true that the market rumors that insurance companies and companies are negotiating and negotiating the debt extension? Vanke replied that Vanke has always maintained diversified financing channels. With the increase of operating business, the insurance real estate debt investment plan has become one of the financing channels, and its long-term characteristics can match the characteristics of operating business and financing needs. When Vanke and insurance institutions set up real estate creditor’s rights investment plans, they will generally set the total duration of the investment plan to 10 years or more, and set the time point of option within this period, some of which are two-way and some are one-way, so as to retain financial flexibility, which is the usual operation of the industry. Every time when faced with the option of redemption, both parties will communicate in advance, and communicate on the survival plan such as interest rate and term, which is a routine business communication.

Financial circles

How did the Postal Savings Bank achieve a net interest margin of over 2% last year? President Liu Jianjun responded like this.

In 2023, the net interest margin of Postal Savings Bank was 2.01%, ranking first among the six state-owned banks. Compared with 2022, it has narrowed by 19BP. The growth rate of net interest income was 3%, 1.44 percentage points higher than that in 2022, ranking first among the six major banks. Other major banks except Bank of China increased by 1.27%, all of which were negative growth. Liu Jianjun, president of the Postal Savings Bank, said: "The Postal Savings Bank actively responded to market changes, accelerated the cultivation of differentiated growth poles, and made some countercyclical changes. Being able to achieve such results also fully verifies that differentiated growth has brought us different business results. "

Express delivery industry

Yunda was interviewed because of the blind box of express delivery. The company responded: it is waiting for the police investigation results.

On April 2nd, the Market Supervision Department of the State Post Bureau interviewed Shanghai Yunda Freight Co., Ltd., the headquarters of Yunda Express Company in Yiwu, Zhejiang Province, about the illegal handling of returned pieces by users, and ordered it to strictly implement the unified management responsibility of its service network, promptly rectify the violations and effectively protect the legitimate rights and interests of users; It is also required to actively cooperate with relevant departments to investigate and deal with the problem of illegal handling of user returns by Yiwu Yunda Beiyuan outlets. The reason for this interview is that express outlets sell blind boxes for express delivery. In this case, the relevant person in charge of Yunda told CBN that he was waiting for the results of the police investigation.

Aerospace

The cost of air meals has shrunk into a trend: the cost of meals for China Southern Airlines is 18 yuan per person, while that for China Eastern Airlines is less than 26 yuan.

A few days ago, China Air China, China Eastern Airlines and China Southern Airlines released their 2023 financial reports. After comparing the financial data of the three major airlines, the reporter found that compared with 2019, the cost of air meals and the proportion of total operating costs of the three major airlines are declining, and the per capita cost of air meals for passengers is significantly reduced. After calculating the total cost of meals in the past year according to the number of passengers, the per capita cost of meals in the three major airlines is 18.05 yuan for China Southern Airlines, 24.02 yuan for Air China and 25.8 yuan for China Eastern Airlines. (@ beijing business today)

[medical care]

Kobayashi Pharmaceutical Co., Ltd. has sold about 860,000 copies of problem health products, and Osaka City, Japan has set up a countermeasure headquarters.

According to Japanese media reports on April 3, local time, regarding the health damage of consumers caused by Kobayashi Pharmaceutical Company’s health products containing monascus ingredients, Osaka City set up a countermeasure headquarters that morning and held its first meeting to confirm the recall of products containing monascus ingredients and the investigation progress of the cause of the incident. It is reported that the Osaka municipal government has ordered the company to recall three products containing monascus ingredients according to the Food Hygiene Law. According to the report, related products have sold about 860,000 copies in about 23,000 stores in 129 regions of Japan. At present, the health centers are confirming the specific sales of related commodities. (CCTV News)

Kobayashi Pharmaceutical Company of Japan decided to stop recruiting new graduates in 2025.

According to Japanese media reports on April 3, local time, Kobayashi Pharmaceutical Company of Japan has decided to stop recruiting new graduates in 2025. Kobayashi Pharmaceutical Co., Ltd. said that this decision was made after comprehensive judgment, considering the social impact of the company’s health care products containing monascus ingredients. It is reported that students who have applied to apply for Kobayashi Pharmaceutical Company have received the notice of termination of the recruitment plan from March 30th to 31st. (CCTV News)

Tomson Bianjian: Natto Hongqu Capsule meets the national food safety standards.

Tomson Bianjian replied to investors on the interactive platform that the "Shubaining Natto Monascus Capsule" produced and operated by the company is a health food approved by the State Administration of Market Supervision, and the approval number is Guo Shi Jian Zhu G20200358. The product is produced in strict accordance with the contents approved by the product approval certificate, and the raw materials of monascus used are purchased from patented raw materials produced by domestic suppliers, and the quality meets the requirements of the industry standard of QB/T2847 Functional Monascus Rice (Powder). The products have passed the factory inspection and meet the requirements of relevant laws and regulations and national food safety standards.

Railway transportation

China State Railway Group Co.,Ltd.: Trains on the lines affected by the Taiwan Province earthquake resumed operation one after another.

A 7.3 earthquake occurred in the waters off Hualien, Taiwan this morning, and some trains affected by the earthquake stopped. The reporter learned from China State Railway Group Co.,Ltd. that at present, after the inspection of line equipment, the lines and trains affected by the earthquake have gradually resumed operation on the premise of ensuring safety. (CCTV News)

[Oil and gas exploitation]

Cosl: Some drilling platforms in the Middle East have been suspended.

Cosl announced that a few days ago, the company suddenly received a notice from a customer in the Middle East to suspend the operation of four drilling platforms, and the company is discussing with the customer the specific suspension time, follow-up arrangements and corresponding solutions. The suspension of this operation has a certain impact on the company’s original business expectations in the Middle East region, and the specific impact is still being further evaluated.

[construction industry]

China Nengjian Gezhouba Group won the bid for the South-to-North Water Transfer Project.

According to the news that China can build Gezhouba, on April 3rd, China Nengjian Gezhouba Group won the bid for the 7-bid project of civil construction and Jinjie electromechanical installation of the middle route of South-to-North Water Diversion Project, with a bid amount of 2.733 billion yuan, which is scheduled to be completed in 2031. The project of diverting water from the Yangtze River to fill the Han River is the follow-up water source project of the Middle Route of South-to-North Water Transfer Project, and it is an important landmark project to speed up the construction of the main skeleton and artery of the national water network. After the project is completed, the average water regulation for many years is 3.9 billion cubic meters, and the static total investment is 55.158 billion yuan.

(Editor: Zheng Jiawei)